Done Waiting: Citizens Push To Abolish Property Taxes, State by State

Beth Blackmarr has lived in Ohio long enough to watch property taxes swallow her mortgage. She says the share of her monthly payment going to property taxes has jumped from 15% in... Read more »
Tenants In HUD Housing Now Have To Prove They’re US Citizens

Tenants In HUD Housing Now Have To Prove They’re US Citizens

Secretary Scott Turner vowed the agency would “leave no stone unturned” in rooting out non-citizens who might be taking advantage of HUD-funded housing. The Department of Housing and Urban Development (HUD) is... Read more »
Merger Will Extend Citizens Business Bank’s Reach into Bay Area

Merger Will Extend Citizens Business Bank’s Reach into Bay Area

CVB Financial Corp., the holding company for Citizens Business Bank, and Heritage Commerce Corp. have agreed to merge in an all-stock transaction valued at approximately $811 million. The combination will expand Ontario-based... Read more »
Court temporarily blocks Florida law barring Chinese citizens from owning property

Court temporarily blocks Florida law barring Chinese citizens from owning property

A U.S. appeals court has halted the enforcement of a Florida law that bans Chinese citizens from purchasing property in the state, multiple news outlets reported. The decision places the law on... Read more »
First Citizens Pays M for Santa Monica Office Building

First Citizens Pays $87M for Santa Monica Office Building

Nearly a year after defaulting on more than $100 million in loans tied to an office complex in Santa Monica, Realty Bancorp Equities has managed to sell the property — to an... Read more »
Pennymac TPO hires former Citizens Bank mortgage executive

Pennymac TPO hires former Citizens Bank mortgage executive

California-based Pennymac Financial Services has hired Kristy Dickey, a former executive at Citizens Bank, as first vice president of TPO sales. Dickey will be responsible for growing the lender’s broker division and... Read more »

Citizens Bank to exit the wholesale channel

Providence, Rhode Island-based Citizens Bank, the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year.  “After... Read more »
Fifth Bank Failure in 2023: Closure of Citizens Bank

Fifth Bank Failure in 2023: Closure of Citizens Bank

If you are a customer of Citizens Bank in Sac City, Iowa, you may have been surprised to find out that your bank was closed by the regulators on November 3, 2023.... Read more »
Why Did Citizens Bank in Iowa Collapse?

Why Did Citizens Bank in Iowa Collapse?

The trucking industry in the United States has faced immense challenges over the past two years. Companies, both large and small, have gone out of business, and the competition for freight has... Read more »