trusts

The Use of Trusts in Mortgage Loan Financing

06/25/25

Trusts are being used more often for financing mortgage loans, which can be an effective way to optimize asset management and minimize lender risk.

Key Benefits of Using Trusts in Mortgage Loan Financing

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Midland States in Illinois to buy Chicago trust company

02/10/21

ATG Trust, which has $387 million of assets under management, handles land trusts and administers court-supervised guardianships.

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First Merchants to buy Indianapolis trust company

11/09/20

The Indiana company agreed to acquire Hoosier Trust, which manages about $300 million in assets.

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Credit union group wins special purpose bank charter in Michigan

05/20/19

Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.

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UMB to buy corporate trust business in Iowa

03/05/19

The company will open its first office in Iowa after buying the business from Bankers Trust.

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Atlantic Coast in Ga. selling trust business

12/18/17

Southeastern Trust is being sold to a group led by the unit's management team.

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Hancock in Miss. to buy Capital One's trust and asset management business

12/18/17

The purchase will significantly increase Hancock's assets under management and administration.

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Cypress Trust in Fla. to buy CenterState's personal trust business

12/11/17

The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.

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SI Financial in Conn. to sell trust and asset management business

03/21/17

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.

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