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The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.
February 14
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Popular will acquire $1.5 billion in auto loans amid questions about the potential for loan losses following Hurricane Maria. The deal also coincides with Wells Fargo's need to stay inside a growth cap imposed by regulators.
February 14
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The legislation, introduced by Rep. Patrick McHenry, R-N.C., would essentially reverse a court ruling that marketplace lenders say has blocked them from helping more consumers access credit.
February 14
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With few foreclosed homes left to pick up on the cheap, the biggest landlords are buying, or building, new single-family homes to pad their portfolios; mortgages on these properties could show up as collateral in rental bonds.
February 14
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On top of a banner year for lending, delinquency rates in the state are at historic lows.
February 14
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The Silicon Valley-based CU is funding development of an apartment building.
February 14
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Sen. Elizabeth Warren, D-Mass., asked Wells Fargo's chief executive to address recent reports that the bank's efforts to compensate customers for unnecessary fees is falling short.
February 14
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The investment continues a trend of banks focusing on commercial payments technology.
February 14
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It’s too soon to gauge the true impact of recent tax cuts on loan demand, but anecdotes from bankers suggest that, after months of stagnation, pipelines are filling up again.
February 14
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The company, which recently shared a three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the ouster of its CEO.
February 14
