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Inc. Magazine Honors radius financial group

Massachusetts-based radius financial group inc. has been honored with a national accolade. Inc. Magazine named the mortgage bank among the country's fastest growing companies for the fourth consecutive year, ranking radius at 1,222 on the publication's annual roster of 5,000 thriving organizations to watch.

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Al Capone’s Former Florida Estate Lists for $9.95M

Want to live like a kingpin? You're in luck, because according to Zillow, the Florida estate once belonging to Al Capone is on the market for $9.95 million. The legendary gangster moved into the stunning and storied house on Miami Beach's Palm Island in 1928, and he called the seaside property home before and after his imprisonment for tax evasion, living in the luxurious pad until his death in 1947.

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FGMC to Expand Wholesale Lending Division

Expanding its wholesale unit, First Guaranty Mortgage Corp. (FGMC) has appointed a new national wholesale sales manager. The company recently announced that Industry veteran Patricia Trimble has been hired to fill the leadership position.

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Ellie Mae Releases Study on Community Banks’ Mortgage Operations

Ellie Mae has released the results from its commissioned study on community banks, and the findings reveal that smaller financial institutions fear the effect that new housing finance regulations could have on their mortgage businesses. The survey, which was conducted by T. Aloise & Company, showed that 51 percent of community bank executives listed changing compliance standards as their most significant challenge.

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Mortgage Master Initiates Operations Expansion

Massachusetts-based Mortgage Master is extending its industry footprint. The company recently announced the opening of a new operations center in Maitland, Florida, as well as the expansion of its current operations centers in Sea Grit, New Jersey and its corporate headquarters in Walpole.

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ICBA Appoints New VP of Marketing

Financial industry organization, Independent Community Bankers of America (ICBA), is welcoming a new vice president. ICBA recently announced the appointment of Andrea Bona as VP of marketing for the association.

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Former Estate of Pia Zadora is Back on the Market

The estate once belonging to Golden Globe-winning actress and singer Pia Zadora is back on the market, just one year after the new owners purchased the abode from Zadora for around $5 million. However, the newly listed abode now boasts a much higher price tag, and according to Trulia, the Pacific Palisades property is for sale at a stunning $26 million.

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MVB Financial Credits Lending Division for Q2 Success

MVB Financial Corp. and its bank holding company MVB Bank, Inc., have announced a second-quarter earnings boost of 28.4 percent year-over-year, and the company says its mortgage unit should receive much of the credit for the positive quarterly results. The West Virginia-based company noted in an official statement that robust commercial loan demand and strong mortgage lending were the catalysts behind MVB Financial's successful performance.

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Marketcore’s Transaction Credit Tool Receives Recognition

Connecticut-based Marketcore, Inc., is receiving recognition in a recently released white paper from the National Association of Insurance Commissioner's Center for Insurance Policy and Research (CIPR). The financial services provider was cited in the group's report for its inventive Transaction Credits tool, which provides incentives to originators, aggregators, and investors who use the system to report events related to the value of underlying mortgages.

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