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Home » Store » News » Another Nonconforming Lender Hits the Dust, Mutual of Omaha Picks Up the Pieces

Another Nonconforming Lender Hits the Dust, Mutual of Omaha Picks Up the Pieces

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This is not your father’s Wild Kingdom. On the heels of an expensive takeover of Alternative A market leader IndyMac, federal banking regulators this week picked up the pieces of First National Bank of Nevada, another bank that rode the nonconforming rocket on the way up and landed hard. FNB Nevada and its affiliate...
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