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Stephen H Gordon

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BUSINESS
January 29, 2004 | E. Scott Reckard, Times Staff Writer
Commercial Capital Bancorp Inc. of Irvine, a thrift that specializes in financing apartments, has agreed to buy El Segundo-based Hawthorne Financial Corp., a residential and income-property lender with 15 Hawthorne Savings offices. The all-stock deal, announced late Tuesday, calls for Commercial Capital to trade 1.45 shares of its stock for each Hawthorne share, making the deal worth $493 million at Tuesday's closing stock price, the companies said.
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BUSINESS
November 13, 2007 | E. Scott Reckard, Times Staff Writer
Sub-prime mortgage casualty Fremont General Corp. is getting new management after all, seven weeks after a bank turnaround specialist withdrew his offer to invest $80 million and lead a new executive team at the Santa Monica company. Fremont said Monday that its president and chief executive, Louis J. Rampino, and its executive vice president and chief operating officer, Wayne R. Bailey, had resigned.
BUSINESS
September 9, 2010 | By E. Scott Reckard, Los Angeles Times
A Southern California financial services veteran is launching a fresh bank-buying spree, adding to a wave of private money flooding into California community banks despite the state's high unemployment and depressed real estate. Stephen H. Gordon, who founded Irvine-based Commercial Capital Bancorp in 1998 and sold it to Washington Mutual Inc. for nearly $1 billion in cash in 2006, heads an investment group that agreed this week to pump $460 million into Bay Cities National Bank, a five-branch Redondo Beach institution in need of capital.
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