HONOR, Mich. and WILMINGTON, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank […]
NEW YORK: Wells Fargo is teaming up with private equity firm Centerbridge Partners to launch a fund with the capacity to lend more than US$5bil to North American middle-market companies, the groups say. The move […]
(Bloomberg) — Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the outlook for interest rates and office valuations. Most Read from Bloomberg […]
WeWork’s financial plight represents a further blow for the troubled commercial real estate industry that is already grappling with surplus capacity after the coronavirus pandemic sparked a surge in working from home. Even now that […]
The loan aims at improving Small- and Medium-sized Enterprises’ (SMEs) access to finance, especially women-owned, women-led, and climate-focused SMEs, in Vietnam. The signing ceremony took place at VPBank’s headquarters in Hanoi, under the witness of […]
In a move designed to move it closer to its goal of becoming a full-service commercial bank, Dime Community Bancshares will launch a health care banking unit. The Hauppauge, New York-based company has hired Daniel […]
OAKDALE, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking […]
While the average 30-year fixed mortgage rate—which hit 7.06% today—has come off last week’s 22-year high of 7.49%, housing affordability still remains pressurized. And that spells bad news for mortgage lenders. “If we’re looking at […]
Brett Baumeister Senior Vice President – Commercial Lending Western Region MIDDLEFIELD, Ohio, Aug. 22, 2023 (GLOBE NEWSWIRE) — The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced the […]
The top mortgage lender on the Inc. 5000 list was VA Wholesale Mortgage, which specializes in offering home loans to veterans and active duty military members. Founded in 2019, the Virginia-based lender saw a 2,230% […]
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