Is the name Virginia Asset Group confusingly similar to Virginia Asset Management? The latter’s federal trademark lawsuit seeks to answer that question.
Midlothian investment firm sues Va. Beach competitor in trademark dispute
Banking
Mortgage lender opens office in the Fan after move from Willow Lawn
NFM Lending has two teams that share the new office on West Main Street, a building that had been part of the Eck family real estate portfolio.
Live Well Financial trustee questions Hilds’ efforts to sell assets
The trustee overseeing the bankruptcy of Michael Hild’s collapsed mortgage company is suspicious.
Romano trial begins: ‘Richmond famous’ vs. ‘rich and famous’
Former local house-flipper Josh Romano is facing charges that he conspired to commit bank fraud and committed wire fraud against one of his former lenders.
Investment advisory group leaves Richmond bank to launch new firm
Dover Advisors was started in August by a foursome who had been with Atlantic Union Bank’s wealth management division.
Local real estate investor sentenced to 41 months in prison for $1M PPP fraud
Moe Mathews, the real estate agent, house flipper and former U.S. Marine, will start his prison term Nov. 9 at FCI Petersburg.
Richmond-area bank deposit growth flat from last year
Three of the market’s top five banks saw their local deposits drop over the last year, while Bank of America kept a firm grip on its No. 1 spot.
Truist unloads more former SunTrust branches in Henrico, Chesterfield
The sales in Midlothian and the Twin Hickory area are at least the fourth shuttered local branches to be sold off by Truist Bank in the last two months.
Henrico-based bank launches in-house mortgage unit by acquiring firm in N.C.
“We didn’t buy it to stay small,” said Primis Bank CEO Dennis Zember. “The strategy is to recruit. We’re recruiting all the way from Orlando and Tampa through the mid-Atlantic.”
United Bank-owned mortgage company expands with new Mechanicsville office
George Mason Mortgage has taken over a converted home-turned-office building for its third outpost in the region.