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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

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. • Indianapolis, Indiana – First Internet Bank of Indiana ($249 million). • Dallas, Texas – PlainsCapital Bank ($1.89

Cleveland 150
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15 Minutes With … Scott Badley

Independent Banker

It allows us to absolutely enjoy and appreciate our small-community environment, but there’s just enough opportunity to do some exploring in those larger markets. Badley: I’m not sure if this is my biggest success of the year, but my favorite experience for 2015 was attending the ICBA Leadership Conference in Indianapolis.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. The Top 20 Reasons Startups Fail.

Capital 78
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DOJ settles redlining lawsuit against First Merchants Bank

CFPB Monitor

The agreement represents the second fair lending settlement entered into by the Republican-led DOJ under the Trump administration. (The The DOJ also alleged that the bank’s mortgage loan policy contained a lending preference for customers within its branch footprint, which was based in majority-White areas.