Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S
Lending / The Ticker

VantageSouth creates division to lend to homebuilders

/ Print / Reprints /
| Share More
/ Text Size+

The subsidiary of $794 million-asset Crescent Financial in Raleigh announced Monday it has launched a division to address the financing needs of residential builders and developers in Virginia and the Carolinas.

The company said it has named Bill Bickett to lead the group, which also includes Clark Gregory and Jay Hall. All three men worked at worked together at Royal Bank of Canada's U.S. subsidiary before it was bought by PNC Financial Services Group (PNC) in March. Loans to construction firms contributed to the unit's financial troubles before its takeover by PNC.

Source: American Banker
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus