Renasant Bank to merge with Georgia-based banking company

Renasant Bank to merge with Georgia-based banking company

A Tupelo, Mississippi, banking company will merge with a Lawrenceville, Georgia, banking company by the third quarter this year. Georgia-based Brand Group Holdings Inc. will merge with and into Mississippi-based Renasant Cop., parent company of Renasant Bank, which has one office in Jefferson
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Cycle reversal: Bucking trend, interest rates on fresh loans tend to stabilise

Data released by the Reserve Bank of India (RBI) shows the weighted average lending rate (WALR) on fresh loans in the banking system has fallen only about 7 basis points (bps) between June 2017 and January 2018, as opposed to a 50-bps fall during the corresponding period a year ago. Lending
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Luther Burbank Savings to Open Branch in Bellevue, Wash.

Bob McGrouther, Income Property Loan Officer, based in Bellevue commented, “For nearly a decade, as I have helped build Luther Burbank's lending portfolio in the Pacific Northwest, I have been communicating to our customers the benefits of having a Luther Burbank branch in the area. I am looking
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Omaha's CRE Summit will honor commercial real estate projects, leaders

A highlight is the Hall of Fame luncheon that this year will honor five heavyweights of the local commercial real estate industry: Barry Zoob, senior vice president at Colliers; R.J. Neary, president at Investors Realty; Robert Freeman, partner at Fraser Stryker law firm; George Hancock, associate broker,
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Head to Head Survey: Dynex Capital (DX) versus Blackstone Mortgage Trust (BXMT)

Dynex Capital (NYSE: DX) and Blackstone Mortgage Trust (NYSE:BXMT) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, valuation, institutional ownership, analyst recommendations, risk and
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Banks earn over $1 billion net profit in February

The Turkish banking sector posted a net profit of TL 3.85 billion ($1.02 billion) in February, the Banking Regulation and Supervision Agency (BDDK) said on Friday. The net profit of the sector decreased by 19.1 percent compared to February 2017. The banking sector also saw a TL 8.38 billion net profit
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This week in celeb real estate: Former home of late actor Caroll O'Connor quietly lists for $20M …

It's a lot nicer than Archie Bunker's place. And it's as close as most fans of the man who played the cantankerous “Archie Bunker” are going to get to his fictional home. The actual former home of the late actor Carroll O'Connor and his wife, the late Nancy Fields O'Connor is being shopped around as a
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Have a look at up/down Move: Wheeler Real Estate Investment Trust, Inc. (WHLR)

Wheeler Real Estate Investment Trust, Inc. (WHLR) is USA based company. Currently it has a market worth of $31.68M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested,
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Gregory Iwan: How does Longmont find affordable housing?

Mr. Alexander Koenigseker (” Problems presented in Longmont 'inclusionary housing' proposal,” March 19) offered criticism of approaches to a lack of affordable housing that would properly be termed “non-market.” Longmont measures that offer fee waivers, density bonuses, subsidies for water/sewer
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Why banking reforms must be fast-tracked and policy on PSBs revisited

The unprecedented letters of undertaking (LoUs) scam at Punjab National Bank (PNB), India's second-biggest public sector bank (PSB), certainly suggests regulatory shortcomings along with failure of oversight. There is only one way forward: to overhaul and revamp the norms for banking-sector
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FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Just Reported Decreased …

Eubel Brady Suttman Asset Mgmt holds 0.02% of its portfolio in Federal National Mortgage Association (OTCMKTS:FNMA) for 22,200 shares. … Federal National Mortgage Association-Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest
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Latvian banking sector shrank in 2017

The data cover 2017 so do not include subsequent developments such as the speedy collapse of ABLV bank – one of the country's largest – and an ongoing effort to reduce the non-resident banking sector at breakneck speed. The reduction was “mainly due to the narrowing of business volume related to
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Former train guard to keep Labour on track in Fortune Green election

One man who was part of that 2014 Labour surge was Richard Olszewski, who is standing again in Fortune Green. Cllr Olszewski had previously been part of Camden Council from 1994 to 2002, before leaving to serve as a special advisor to John Reid, who held six ministerial positions during the Tony
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FHFA Pushes Back New Credit Score Model For 2019

The Federal Housing Finance Agency (FHFA) won't be launching its new credit score model until at least 2019. According to American Banker, the annual progress report on the Fannie Mae and Freddie Mac conservatorships stated that FHFA will not set an implementation date for a new credit score
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Dianrong & Sino Guarantee Announces Lenders Protection Plan Launch

Dianrong and China United SME Guarantee Corporation, known as Sino Guarantee announced the launch of a new lenders protection plan for Dianrong customers. According to the duo, this new protection plan went into effect at the beginning of 2018 and is designed to provide third-party protection in
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San Antonio Nonprofit's Warehouse Search Captures Trends in Industrial Market

The bottom line is that San Antonio's industrial real estate market remains exceptionally tight and competitive. Users — particularly those with limited ability to compete for prime space, such as nonprofits — need access to an in-depth understanding of the local commercial real estate market to succeed.
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VIX Up 81% Shows Extent of Stock Market Pain in Jarring Quarter

For two years traders bemoaned the tranquility in global equity markets. That era just ended in a fit of turbulence, as stocks plunged into the first correction since early 2016 and volatility almost doubled from historically low levels over the past three months. Dip buying no longer worked, and holding tight
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Are Banks Open on Good Friday? Everything You Need to Know About What's Open — And Closed

A United States Postal Service postman delivers mail along Canyon Road in Santa Fe, New Mexico. The USPS mail trucks, known as Grumman LLV (or Grumman Long Life Vehicles), were manufactured by the Grumman Corporation. Robert Alexander—Getty Images. By Sophia Rosenbaum. 6:00 AM
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Home Energy Management Systems Market: Market size, and Growth Trends Analysis with …

The latest trend gaining momentum in the market is growing demand for smart homes. The smart home concept is rapidly gaining ground as consumers seek to improve domestic convenience through electronic devices. This is an evolutionary development in the residential real-estate sector with the
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Will you get your next mortgage from Amazon?

Amazon made it easier to order toilet paper and baby clothes without ever leaving your home. Will the behemoth online retailer provide you with your next mortgage? There's kind of perpetual sensitivity to Amazon entering the financial industry space in a real way. Analysts muse on Amazon buying a
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