Alex Shuford has been named regional president of Beaufort County for South Carolina Bank and Trust, Columbia, S.C., and will head the bank's retail and commercial banking and mortgage lending efforts in the county.He will also be responsible for the bank's Information Services and Human Resources divisions. Mr. Shuford has more than 25 years of banking experience, and was president of FirstBank before joining South Carolina Bank and Trust in 1999, the company said. The bank can be found on the Web at http://www.scbandt.com.
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Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
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Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
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The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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