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People in business - Memphis Commercial Appeal
John Ueleke , president and chief executive officer of Legacy Wealth Management, has been recognized as a top financial adviser in both Medical Economics and Worth magazines. Linda McDowell and Vanessa Bintz , both formerly with First Tennessee Home ...

Former First Tennessee workers team up with Knoxville lender - Memphis Commercial Appeal
With home sales and the mortgage business reaching 20-year lows, it would seem a strange time to jump into mortgage lending in Memphis. Not for Mortgage Investors Group , the 20-year-old Knoxville company that has never been in West Tennessee, or for ...

Heritage bank announces new loan officer - Leaf Chronicle
John Peck, president and CEO of Heritage Bank, announces the addition of Mark Stewart as mortgage loan officer for the Christian County, Ky., market. Stewart will be responsible for residential mortgage loans in the Christian County area. He is a ...

First Tennessee Bank’s parent company gets $866 million from bailout ... - Kingsport Times-News
Some U.S. Treasury “bailout” money is filtering toward the Tri-Cities, and that could soon mean more loan availability for people and businesses, a local banker whose employer has received money through the government’s “Capital Purchase ...

3Q auto-loan delinquency rate jumps 15.9 percent - Yahoo Finance
NEW YORK (AP) -- The percentage of auto loans that were past due 60 days or more rose 15.9 percent in the third quarter compared to last year, according to credit reporting agency TransUnion. The rate rose to 0.80 percent of outstanding loans, from 0 ...

Loan crisis goes commercial - Myrtle Beach Online
WASHINGTON -- Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Mortgage rates dropping - Herald Tribune
The government's $800 billion attempt to resuscitate credit and housing markets is being felt in Southwest Florida -- especially in mortgage rates. On Monday, rates on a 30-year, fixed-rate loan were hovering as low as 5.38 percent. Brokers expect ...

Correction: First Horizon National ratings story - Boston Globe
CHICAGO— In a Dec. 4 story about First Horizon National Corp. and lead bank First Tennessee Bank, The Associated Press reported erroneously the meaning of the individual rating assigned by Fitch Ratings. The new rating of "C" denotes an adequate ...

Bailout fatigue hurts Big Three on Capitol Hill - San Francisco Gate
Friday, December 5, 2008 (12-05) 04:00 PST Washington -- With time fast running out, Congress and the Bush administration will wrestle again today over whether to lend $34 billion to Detroit automakers, even after senators heard grim warnings that ...

Fannie, Freddie Mortgage-Bond Spreads Retrace Fed-Sparked Gains - Bloomberg
Dec. 3 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds widened relative to U.S. Treasury notes, retracing gains from the past week as investors anticipated an increase in the amount of securities. The difference between ...

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