One of the largest lenders of Chesterfield-based Live Well Financial has begun to chip away at the balance of the nearly $70 million it’s owed by the bankrupt mortgage local company.
As it mulls plans to open its first retail branch in the Richmond market near Willow Lawn, the banking giant is showing it’s hungry for more local real estate.
An otherwise quiet year for local bank mergers got a small jolt this week.
Richmond’s biggest credit union is looking to get bigger and has drawn the ire of bankers from around the state.
A giant of the banking world is looking to make its first big splash in the Richmond market.
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.
Tommy Bourque is back in the game.
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.
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.
He joined the bank in April 2018 after a long stint at a Northern Virginia-based competitor.