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Mark Simmons, a seasoned commercial lender, is planning to open a bank in California’s Orange County that is dedicated to making loans to businesses. Core Commercial Bank, expected to be the state’s first de novo since 2008, would jump into a market where commercial lenders are plentiful – and aggressive.

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The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.
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Hanmi wants to make sure that, when the dust settles, it is part of the nation's biggest Korean-American bank. The move also shows how difficult it will be for ethnic banks to gain meaningful scale while sticking to their niche groups.

On the sidelines for three years, the once-aggressive acquirer jumps back in the game with a deal for CommunityOne Bancorp in Charlotte. It's also looking to bulk up in Tennessee and Florida, though any opportunity would bring tough decisions on whether to cross the $10 billion-asset mark.

American Chartered was also the top M&A priority for MB Financial, which was willing to pay a healthy premium to get a deal done. MB Financial, which prefers big acquisitions, will be challenged to find other opportunities in the Windy City.

The Federal Housing Administration's annual financial report demonstrates the outsized influence of reverse mortgages on the performance of its insurance fund, fueling a debate about whether those loans belong there.

More banks are looking to buy commercial loans for reasons ranging from a dearth of organic opportunities to a need to diversify their asset mix. That surge in demand is creating an imbalance that benefits banks that have been able to make more loans.

Higher mortgage rates and other macroeconomic challenges may dampen lending under the Federal Housing Administration's single-family program, but they will produce a net benefit to the insurance fund. Here's why.

The agency's board, however, delayed action on a contentious proposal to increase a key population threshold for determining fields of membership in metropolitan markets. Bankers remain on alert, however, because the agency has indicated an interest in revisiting the issue.

The trade group is calling for increased scrutiny of tech companies that are increasingly encroaching on banks' turf, but Georgia banker Dan Blanton says banks also need to be thinking about ways to team up with these new players in payments and lending — or figuring out how to beat them at their own game.

Overall U.S. auto debt surged to $1.05 trillion in the third quarter, and the rise in subprime auto loan originations has heightened the New York Fed's concerns about that market.

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