South Florida banks with most noncurrent loans in Q1 – slideshow

South Florida banks with most noncurrent loans in Q1 – slideshow
Repossessed property at South Florida banks declined by $ 40 million during the first quarter to settle at $ 618 million on March 31. Nearly half of the remaining REO was construction or farmland. Some of the local banks with high noncurrent loan ratios …
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Of a time and place long ago…
Many of my classmates used to take loans from me. I was the first engineer from my family and one of the first to go out of the fold and eke a living. Those days it was below one's … I was sent there on deputation in 1961 as Chief Engineer …
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Quills among New Albany UEZ grant recipients
Since May of 2012, several downtown businesses have received facade grants including Feast BBQ, DP UpDogs, the Calumet Club, Resch Construction, Habana Blues and Sprigler Construction. … The loan has a 2 percent interest and is for three years.
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Economy Watch: Residential Delinquencies Jump; Most Housing Markets Worse

Economy Watch: Residential Delinquencies Jump; Most Housing Markets Worse
According to LPS, the states with the highest percentage of non-current loans — delinquencies plus foreclosed properties that haven't been place on the market — are Florida, Mississippi, and New Jersey (with Nevada in the fourth slot). The states with …
Read more on Commercial Property Executive (blog)

Shorten's flexible approach gets tick from finance sector
The cap on costs appropriately balances consumer protection while still allowing lenders a return that is commercial.'' But the industry was delighted as Shorten had acknowledged the role the pay-day lending sector played in ''ensuring that vital …
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BB&T Commercial Real Estate Unit Buys Calif. Lender
Grandbridge Real Estate Capital, a wholly owned subsidiary of BB&T (BBT), is buying Dwyer-Curlett & Co., a commercial real estate finance firm based in Los Angeles. The deal, announced Monday, would give Charlotte-based Grandbridge three offices in …
Read more on Bank Technology News