Westcorp Buys 80% Interest in Newport Beach Mortgage Firm
- Share via
IRVINE — Westcorp, parent of Western Financial Savings Bank, said it has completed its acquisition of an 80.1% interest in the Hammond Co., a privately held Newport Beach mortgage banking company, for $5.4 million. Thomas T. Hammond will continue as president of Hammond, which he founded 20 years ago, Westcorp said.
More From the Los Angeles Times
Podcasts
The latest effort is coming from the L.A. County Board of Supervisors. They just announced a $3 million program in conjunction with some nonprofits groups to test and clean the soil at homes still standing in the areas impacted by the Eaton Fire.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
Hosts Fidel Martínez and Suzy Exposito sit down with Dr. Vanessa J. Díaz, professor of Chicano and Latino Studies at Loyola Marymount University and co-author of P FKN R: How Bad Bunny Became the Global Voice of Puerto Rican Resistance.
