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Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.
September 17 -
The loan participation has been flagged for potentially fraudulent activity.
September 13 -
The unnamed borrower was the victim of an alleged scam by another company.
September 10 -
Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories.
September 6 -
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.
August 27 -
Recent studies offer a dire outlook for water levels in drought-prone states. Some banks are bracing for this risk with changes to underwriting of real-estate-related loans.
August 21 -
Lenders insist they will be able to ramp up commercial loans and mortgage refinancings without skimping on underwriting.
August 19 -
People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.
August 14 -
The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan.
August 9 -
The Upstart Network, the first and only startup to participate in the bureau’s program for promising digital platforms, claims that using nontraditional credit data items has helped loan volume and affordability.
August 6