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First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank , it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
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In 1987, the bank's operations were moved to a newly constructed office tower in downtown Louisville. In 1998, Republic Bancorp, Inc. was formed as a holding company for Republic Bank & Trust Company and an initial public offering of 2.14 million shares of Class A common stock was completed.
Hard money lenders would consider lending in this situation if they can be assured that, should the loan go into default, they can sell the house, pay off the first mortgage and still earn a ...
First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...
If her home were to sell at auction for $530,000, the first mortgage lender can recoup all of the $250,000 she still owes, and the second mortgage lender can recoup the $50,000.
Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia.
If interest rates have dropped since you first obtained your mortgage, a rate-and-term refinance can provide you with a lower rate. Ideally, that rate should be one-half to three-quarters of a ...
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