florida

BankUnited to sell portfolio of covered loans to the FDIC

11/05/18

The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009.

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Miami bank forms foundation to aid low- and moderate-income homebuyers

10/25/18

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

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Mercantil Bank in South Florida to rebrand as Amerant

10/24/18

The change comes two months after the bank was spun off from its Venezuelan parent company.

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Customers Bancorp suspends planned spinoff of digital bank

10/16/18

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

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Third Federal's CRA rating cut on shortage of low-income mortgages

10/03/18

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."

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USAA to cut 265 jobs in its real estate and mortgage lending divisions

09/24/18

USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.

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Why was Synovus the sole bidder on a large Florida bank?

09/20/18

Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State.

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Ameris in Ga. to cut 2019 expenses by $20 million

09/20/18

The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown.

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John Kanas to retire from banking — again

09/12/18

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.

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Community lenders tell big tech vendors to get up to speed

08/30/18

Small banks and credit unions say slow responses and outdated products from the establishment tech vendor can become a drag on their innovation efforts.

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