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>> LENDING Latest News

3 HOURS AGO - MSNBC

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Good sign for economy: Small business borrowing rises

U.S. small businesses boosted borrowing in December, pushing a broad lending index to its highest level in nearly seven years and signaling that economic growth may continue apace in the early part of this year.

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10 HOURS AGO - Washington Business Journal

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Tampa bank loan growth outpaces U.S. average

The average loan growth for community national banks and federal savings associations in Tampa Bay was 7.1 percent in 2013, more than double that of the national average. “Banks are lending again and that’s a very positive sign,” said Marilyn Bueno, assistant deputy comptroller in the Tampa office of the Office of the Comptroller of the Currency. The Florida community ...

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11 HOURS AGO - Washington Business Journal

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East Boston Savings Bank parent enjoys strong loan growth

Meridian Interstate Bancorp Inc., turned a $4.8 million profit in the first quarter, smashing the year-ago mark by nearly 55 percent thanks to strong loan growth and a large reduction in the amount the company set aside to cover bad loans. Meridian, parent of East Boston Savings Bank and its subsidiary, Mt. Washington Bank, grew the average balance of its ...

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14 HOURS AGO - National Mortgage News

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MGIC Jumps as Biggest Profit Since 2007 Calms Mortgage Fear

MGIC Investment Corp., the No. 3 U.S. mortgage insurer, rallied after posting its largest profit since 2007, helping ease concerns that slowing home lending would weigh on results.

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14 HOURS AGO - Washington Business Journal

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St. Louis continues to drive loans for UMB

UMB’s St. Louis lending business remains strong, Tom Chulick, St. Louis chairman and chief executive, said. “St. Louis continues to be one of the top commercial loan markets for UMB,” he said, with 28.3 percent year-over-year loan growth in the first quarter. Loans for equipment purchases have been especially strong. “As always, competition remains strong in the St. Louis area, ...

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