TITLE

Equity Gets Buyer, Funds To Aid Secondary Strategy

AUTHOR(S)
Fajt, Marissa
PUB. DATE
January 2010
SOURCE
American Banker;1/5/2010, Vol. 175 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that TLCM Holdings agreed to acquire Dallas, Texas-based Equity Bank's $250 million-asset parent company, EJ Financial Corp. Equity's operations focus on purchasing loans from other banks in the secondary market. According to TLCM's chief executive officer (CEO) Aaron Graft his company plans to infuse capital into Equity and begin buying loans again.
ACCESSION #
47352859

 

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