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Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.
January 10
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Acting Ginnie Mae President Michael Bright will leave his post on Jan. 16 and will no longer seek confirmation to be the permanent head of the mortgage secondary market agency.
January 9
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The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee.
January 8
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River Road Financial has agreed to buy Mississippi River Bank in a deal that will bring in a new CEO.
January 7
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Organizers are planning to raise up to $25 million for Tandem Bank.
January 7
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On Sep. 30, 2018. Dollars in thousands.
January 7 -
Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later.
January 3
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Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.
December 31
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James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.
December 30
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After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.
December 27
