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Janesville Native Heads HUD
Posted on November 30th, 2008 No commentsSteve Preston, who grew up in Janesville, took over as secretary of the U.S. Department of Housing and Urban Development last summer. His agency has helped more than 400,000 people refinance their mortgages in the past year and avoid foreclosure, but now his biggest role is to get the agency ready for the new administration. Read more in the Milwaukee Journal Sentinel.
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Associated is Top SBA Lender
Posted on November 28th, 2008 No commentsAssociated Bank was Wisconsin’s top Small Business Administration lender in 2008. The bank made 400 SBA loans totaling about $30 million. Next was U.S. Bank, with 221 SBA loans totaling $24.8 million, the Wisconsin State Journal reported.
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Crisis Rocks State Banks
Posted on November 27th, 2008 No commentsThe state’s 252 commercial banks had a combined net income of $284 million through the third quarter, down from more than $1 billion for the same period last year. Combined net income for savings banks was $7 million, down from $72 million for the same period in 2007, the Wisconsin State Journal reported.