Banking

Joyner sold to VACU

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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.

Live Well Financial forced into Chapter 7

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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

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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.

Updated: Creditors look to force Live Well Financial into bankruptcy

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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 CEO sued for repayment of $80M in loans

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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.