PHH Corp. names chief executive officer (AP)

AP - Mortgage originator PHH Corp. said Monday that it named Jerome J. Selitto as president and CEO and a director, effective immediately.

U.S. judge appoints trustee to run Thornburg Mortgage (Reuters)

Reuters - A bankruptcy judge appointed a trustee to take over the liquidation of Thornburg Mortgage after it was discovered former executives were using staff and equipment to launch a start-up venture.

Barclays snaps up Standard Life Bank division (AFP)

AFP - British bank Barclays on Monday bought the home loans and savings arm of insurer Standard Life, pursuing its expansion strategy after the part-purchase of failed US titan Lehman Brothers last year.

Barclays snaps up Standard Life Bank for £226 mln (AFP)

AFP - Barclays on Monday bought the home loans and savings arm of insurer Standard Life, pursuing its expansion strategy after the part-purchase of failed US titan Lehman Brothers last year.

Barclays bank to buy Standard Life assets (AFP)

AFP - British bank Barclays announced on Monday that it will buy the home loans and savings division of insurer Standard Life for 226 million pounds (246 million euros, 369 million dollars).

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