Community banks based in the Southeast, including Alabama, were the only banks in the country that didn’t show gains in their loan books in the fourth quarter or full year of 2012, according to Charlottesville, Va. based SNL Financial.
Southeast community banks lack loan growth
Most Popular Articles
Latest Articles
What happens next for mortgage lenders after the Fed rate cut?
The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days?
-
Jared Schwadron leaves Official Partners for Compass
-
Reverse mortgage industry prepares for annual meeting in San Diego
-
FHA head says more housing counselors should have reverse mortgage training
-
Profit margins are up for home flips — but there’s a catch
-
MBA head Bob Broeksmit talks IMB victories ahead of the 2024 election