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The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, [1][2] refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of ...
On September 18, 2013, Chinqua Penn went into foreclosure. SunTrust Bank bought the property from Phelps for $1.4 million. [12] Though SunTrust wanted $1.9 million, the property sold for considerably less to a private buyer. The house and gardens were once open for tours, and the plantation offered tours through March 17, 2012. [13]
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. [2] The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs ...
SunTrust Bank 956.0 22 Cape Fear Bank: Wilmington: North Carolina: April 10, 2009: First Federal Savings and Loan Association 492 23 New Frontier Bank Greeley: Colorado April 10, 2009: None (Wound down by FDIC as receiver) 2,000 24 American Sterling Bank: Sugar Creek: Missouri: April 17, 2009: Metcalf Bank 181 25 Great Basin Bank of Nevada Elko ...
There are few statistics that better illustrate our economic travails over the last few years than the number of homes that continue to be foreclosed upon on a monthly basis. The good news is that ...
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
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