OceanFirst Bank Announces Voluntary Settlement of Fair Lending Claims by the U.S. Department of Justice and U.S. Department of Housing and Urban Development
OceanFirst Financial Corp. (OCFC)
Last oceanfirst financial corp. earnings: 4/23 08:40 pm
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Source: GlobeNewswire
RED BANK, N.J., Sept. 18, 2024 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank” or “OceanFirst”), announced today that the Bank has voluntarily entered into settlement agreements (the “Agreements”) with the United States Department of Justice (the “DOJ”) and United States Department of Housing and Urban Development to resolve claims that the Bank violated the Equal Credit Opportunity Act and Fair Housing Act in the New Brunswick-Lakewood, New Jersey lending area, which includes Middlesex, Monmouth and Ocean counties. The settlement is one of approximately a dozen agreements reached by the DOJ with mortgage lenders since 2021, totaling over $120 million in investments in mortgage lending subsidies, financial education and outreach. Founded in 1902, OceanFirst Bank, named after its county of origin, maintained its physical locations primarily in Ocean County, New Jersey for more than eight decades.
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OCFC
News
- OceanFirst Financial Corp. (NASDAQ: OCFC) had its price target raised by analysts at DA Davidson from $20.00 to $22.00. They now have a "neutral" rating on the stock.MarketBeat
- OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody's Investment Grade Ratings [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody’s Investment Grade RatingsGlobeNewswire
- OceanFirst Financial Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- OceanFirst Financial (NASDAQ:OCFC) Has Affirmed Its Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
OCFC
Earnings
- 10/17/24 - Beat
OCFC
Sec Filings
- 11/13/24 - Form 4
- 11/6/24 - Form 8-K
- 10/31/24 - Form 10-Q
- OCFC's page on the SEC website