Pacific Trust Bank Closes First Transaction as Ginnie Mae Approved Issuer

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posted:9/18/2013
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Description: IRVINE, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NASDAQ: “BANC”), the multi-bank holding company for Pacific Trust Bank and The Private Bank of California, today announced the completion of PacTrust Bank’s first series of transactions as an approved issuer of Ginnie Mae mortgage-backed securities representing its participation in the issuance of an aggregate of $97.3 million in Ginnie Mae September multi-issuer MBS pools. Jeffery Seabold, Managing Director of PacTrust Bank’s Residentia
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