Brian Frank
Senior Vice President, Truist Bank
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At a crossroads? Truist Dealer Services has the experience and industry knowledge to help you make the right turns. bit.ly/3qxDK6r
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Antolin Garza
Educational Consultant
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Really; and how can that BE?
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Charles W. "Chuck" Jones III
Independent Board Member | Former Truist Executive Vice President
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The latest updates from Truist.
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Protective Asset Protection
2,526 followers
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How can credit unions provide additional value to their members?Auto repair costs are on the rise and protection products can help consumers with costly fixes.Check out the recent article linked below by Mark Edmundson, VP of sales, financial institutions. He shares key reasons why protection products can benefit both credit unions and their members. https://lnkd.in/eJuu5gvC
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See AlsoREVOLVING CREDIT FACILITY FOURTH AMENDED AND RESTATED CREDIT AGREEMENT... | Law InsiderIndenture (including form of note), dated as of May 20, 2024 | PRA Group, Inc. | Business ContractsMay 2024 – Page 3 – Black Wide-AwakeTruist Financial Corporation: Shareholders Board Members Managers and Company Profile | US89832QAD16 | MarketScreener -
Donavon Warren
Company Owner
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🏠 Bought vs Brought: Clearing Common Confusion 🏠Get the full details from Mortgage Rater here 👉 https://lnkd.in/g9DnCB86#MortgageRater #MortgageTips #HomeLoans #MortgageNews #FinanceTips #HomeBuying #InterestRates #MortgageBroker
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Charles W. "Chuck" Jones III
Independent Board Member | Former Truist Executive Vice President
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This will be interesting to watch play out. It is an indication that the acquisition of SunTrust by BB&T was the wrong decision. Both in the current situation and in looking at the performance of Truist. That US Bancorp is going to shrink on purpose to become smaller is telling. #Biggerisnotbetter
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Denise Rinear
Enterprise Risk Management specialist and advisor
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Cost Managment if done well, can strengthen a bank. If you need to cut costs, make sure you do it strategically and preserve value.
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The Unicus Investor
152 followers
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🚨 Buffett's "ALLY" - I:Kicking the can to oblivion.- Buffett owns nearly 9% of ALLY.- According to our sources, $ALLY is heavily exposed to underperforming dealership floor plans - in addition to consumer loans.- Understanding the historical context of ALLY's performance is crucial. Regardless of Buffett's ownership, the bank's past performance suggests potential risks.Give it a read and share👇https://lnkd.in/eiPyYpVu
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Car Dealership Guy
35,953 followers
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Past 60 days have been a rollercoaster:— Capital One shut off all dealer floorplans (aka inventory lines of credit)— US Auto Sales shut down 39 dealerships— Wells fargo laid-off all its junior Auto loan underwriters and capped future loans— PenFed Credit Union started cutting dealers from indirect auto lending— Citizens Financial Group exited indirect auto lending space(+ much more)Some takeaways:- Money is no longer free- Efficiency matters again- Lender relationships matters- You need to run a tight ship to stay in business- Everyone and their mother can’t get approved for an auto loan- Low income consumers with below-average credit are most negatively impacted
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Valerie Bordelon - Ammouri
Vice President of Sales, Lender & Valuation Solutions at LightBox
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Learn the key takeaways from the recent regulatory shifts impacting appraisers and lenders from our exclusive webinar featuring LightBox's Candi Coleman, MAI, Head of Lender Strategy and former FDIC appraisal expert, Suzy Gardner. #LightBoxRE
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Open Lending
11,966 followers
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Despite the value of alternative data and its ability to identify creditworthy #nearprime borrowers, only 34% of financial institutions incorporate it into their decisioning. Our SVP of Marketing, Kevin Filan, spoke with Larry Grant, CPA, MBA of Today's Banker Digest about the critical role of alternative data in helping #automotivelenders balance volume and risk. Watch now: https://lnkd.in/g995iayQ
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