Tagged: First Security Bank

Lauren James, First Security Reach Settlement in Lawsuit

Lauren James, First Security Reach Settlement in Lawsuit

Banking & FinanceLegal

First Security Bank of Searcy last week settled its lawsuit against Lauren James Enterprises Inc. of Fayetteville, ending a legal battle that included allegations that the women’s clothing company conducted a sham foreclosure sale in August to avoid paying the bank. read more >

Transamerica Building Sold For $9M

Transamerica Building Sold For $9M

Technology & Telecom

The Transamerica building in west Little Rock has sold for more than $9 million to 1400 Centerview LLC, a group of investors that includes Larry Crain Jr., Jeff Hathaway, John Hathaway and Wes Martin of Hathaway Group and other clients of the Little Rock firm. read more >

Jeremy Hutchinson Faces Foreclosure

Jeremy Hutchinson Faces Foreclosure

WhispersBanking & FinanceLegal

First Security Bank filed a foreclosure complaint against Jeremy Hutchinson on Oct. 31, saying he was in default and owed the bank at least $338,001 for the principal of the mortgage on his west Little Rock condo. read more >

Simmons Leads Current OREO Figures

Simmons Leads Current OREO Figures

Banking & Finance

A decade has passed since OREO portfolios became an especially significant line item as an epic wave of real estate securing bad loans flowed onto many a bank’s balance sheet. read more >

First Security Fights 'Warehouse Sale' of Lauren James

First Security Fights 'Warehouse Sale' of Lauren James

WhispersBanking & FinanceLegal

The Searcy bank, which has sued Lauren James Enterprises Inc. of Fayetteville over a defaulted $338,720 loan, has asked a Washington County Circuit judge to prevent Lauren James from holding its warehouse sale scheduled for Saturday and Sunday. read more >