Tag Archives: Amp

Colonial Bank died of real estate gluttony, says FDIC

The report also shed little light on Colonial’s murky relationship with Taylor, Bean & Whitaker, a defunct Florida mortgage broker. On Aug. 4, federal investigators raided Colonial’s mortgage division in Orlando, Fla. , and Taylor, Bean’s headquarters…Source: Everything Alabama

Florida Mortgage Company Files for Bankruptcy

The Taylor, Bean & Whitaker Mortgage Corporation filed for Chapter 11 bankruptcy protection on Monday and said it might liquidate, three weeks after it closed its mortgage lending business and was suspended by a federal agency.Source: Dealbook