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Tennessee bank's sale a cautionary tale on out-of-market lending

American Banker

Franklin Financial agreed to be sold less than a year after issues surfaced in its portfolio of shared national credits.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150
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Pinnacle Financial affiliate tries its hand at asset securitization

American Banker

Bankers Healthcare Group, which is minority owned by the Tennessee company, is moving beyond its primary strategy of selling health care originations to community banks and will start marketing pools of loans to investors.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Online lending . The Ethereum community is, surprisingly, split on whether the exploit should be fixed. Tech is back.

Lending 101
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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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Building from Scratch

Independent Banker

“I love being around people, and people are what community banking is all about.” Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. Shirley Nelson has built a nearly 50-year career doing two things she loves—community banking and giving back to her community.

Oakland 98
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DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

The Biden Administration’s prioritization of fair lending as a law enforcement focus took center stage last week with the announcement that the U.S. Attorneys’ Offices “as force multipliers to ensure that fair lending enforcement is informed by local expertise on housing markets and the credit needs of local communities of color.”.