Value Financial closes first U.S. fixed-rate reverse mortgage

EverBank acquires NetBank businessesMortgagePress.comSmall business financing EverBank Financial Corporation has reached an agreement to acquire NetBank Inc.'s direct banking and small business financing divisions and mortgage-servicing portfolio. EverBank plans to complete the acquisition by early summer. The transaction will increase EverBank's assets to approximately $7 billion, its deposits to approximately $6 billion and its customer base to more than 550,000. After its completion, the company will be the third-largest Florida-based bank. Jacksonville, Fla.-based EverBank Financial Corporation is a private financial services holding company. For more information, call (888) 882-3837 or visit www.everbank.com. NetBank Inc. is a financial holding company based in Alpharetta, Ga. For more information, visit www.netbank.com.