The third-largest player in real estate in the region is joining up with a local credit union that’s no stranger to the industry.
Banking
Former local bank CEO lands new gig in Midlothian
Tommy Bourque is back in the game.
Live Well Financial forced into Chapter 7
An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.
Hild wants bank lawsuit tossed
The CEO of defunct local mortgage company Live Well Financial is fighting back against a multimillion-dollar lawsuit, arguing he’s not personally on the hook for debt his firm owes to a Michigan-based bank.
Local bank president departs after year on the job
He joined the bank in April 2018 after a long stint at a Northern Virginia-based competitor.
Creditors: Live Well Financial under watch by FBI, SEC
As a group of creditors attempts to force it into bankruptcy, a collapsed local mortgage company also apparently has federal authorities on its back.
Updated: Creditors look to force Live Well Financial into bankruptcy
Three sizable creditors of collapsed local lender Live Well Financial are attempting to force the Chesterfield-based firm into bankruptcy liquidation as they seek to recoup more than $130 million. Flagstar Bank, Mirae Asset Securities, and Industrial and Commercial Bank of China Financial Services filed an involuntary bankruptcy petition against Live Well on Monday in Delaware… Read more »
Live Well Financial fights back against laid-off employee
A recently shuttered local lender claims it was within its rights when it abruptly sent its entire workforce packing with no advance notice.
Live Well Financial CEO sued for repayment of $80M in loans
A bank in Michigan is going after the head of a recently shuttered Chesterfield-based mortgage company, as it looks to recoup collateral on tens of millions of dollars’ worth of allegedly defaulted loans.
SunTrust to move parts of Richmond mortgage hub to N.C. as part of BB&T deal
Fallout from the pending $66 billion marriage of banking giants BB&T and SunTrust is beginning to emerge in Richmond, as one side prepares to relocate executives to a new shared mortgage headquarters in Greensboro.