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2 HOURS AGO - National Mortgage News

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Metro Bancorp Reports Higher Profit on Real Estate Lending

Metro Bancorp in Harrisburg, Pa., which has been under pressure from activist investors to sell itself, reported higher quarterly income largely because of increased real estate lending.

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3 HOURS AGO - Washington Business Journal

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Commercial banking leader promoted at Uwharrie Bank

David "Rudy" Rudisill has been promoted to executive vice-president of commercial lending at Uwharrie Bank. The bank's chief executive, Roger Dick, made the announcement last week. Rudisill joined the bank in 2000 as a vice president and business development officer. Since then he has been promoted and assumed additional duties for the commercial lending group at the bank. Rudisill is ...

Tags: Commercial banking leader promoted at Uwharrie Bank,  Lending Latest News

3 HOURS AGO - Washington Business Journal

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California reaches settlement with loan company over mortgage practices

The California Department of Business Oversight on Friday announced it reached a $2.5 million settlement that will allow Ocwen Loan Servicing LLC to keep its state license. The regulator accused Ocwen of failing to provide required documentation showing that it was following state lending rules. Under the settlement, Ocwen will pay $2.5 million in fines. The company also will pay ...

Tags: California reaches settlement with loan company over mortgage practices,  Lending Latest News

4 HOURS AGO - Yahoo! News

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Obama announces $4 billion in India investment and lending deals

U.S. President Barack Obama on Monday announced $4 billion in government-backed investments and lending to India, as he sought to scale up a trade relationship he said was "defined by so much untapped potential". At a CEO summit hosted by Prime Minister Narendra Modi in New Delhi, Obama said that U.S. Export-Import Bank would finance $1 billion in exports of ...

Tags: Obama announces $4 billion in India investment and lending deals,  Lending Latest News

4 HOURS AGO - Business Insider

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Obama Announces $4 Billion In India Investment And Lending Deals

NEW DELHI (Reuters) - U.S. President Barack Obama on Monday announced $4 billion in government-backed investments and lending to India, as he sought to scale up a trade relationship he said was "defined by so much untapped potential".At a CEO summit hosted by Prime Minister Narendra Modi in New Delhi, Obama said that U.S. Export-Import Bank would finance $1 billion ...

Tags: Obama Announces $4 Billion In India Investment And Lending Deals,  Lending Latest News