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Editorial Results (free)

1. Dallas Company Buys Macon Road Center -

6100 Macon Road
Memphis, TN 38134
Sale Amount: $1.2 million

Sale Date: March 26, 2014
Buyer: PNL Cumberland LLC
Seller: Flagstar Bank FSB
Loan Amount: $862,500
Loan Date: April 1, 2014
Maturity Date: N/A
Lender: Pinnacle Bank
Details: An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

2. Dallas Company Buys Macon Road Center -

An affiliate of Dallas-based The PNL Cos. has paid $1.2 million for the 30,000-square-foot shopping center at 6100 Macon Road in Northeast Memphis.

3. US Suit Alleges 'Brazen' Fraud at Countrywide -

NEW YORK (AP) — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.

4. Shelby Crossing Retail Center Sells for $2M in Foreclosure -

6100 Macon Road
Memphis, TN 38134

Sale Amount: $2 million

Sale Date: July 13, 2012

5. Bank Buys Shelby Crossing at $2M Foreclosure Sale -

Flagstar Bank FSB has bought back a shopping center near Bass Pro Shops on Macon Road at a $2 million foreclosure sale after owners Sun Shelby LLC defaulted on a 2007 loan through the bank.

6. Shelby Crossing Center in Foreclosure -

Shelby Crossing phase II, a 30,000-square-foot shopping center on Macon Road near Bass Pro Shops, is in foreclosure after its owners defaulted on a $2.4 million loan, according to a first-run foreclosure notice in the Wednesday, April 18, Daily News.

7. First Tennessee Rehires Veteran Banker Ellenburg -

More than a year after slashing a large portion of its mortgage personnel, including a top local official, First Tennessee Home Loans has taken steps toward rebuilding its Memphis work force and repositioning the bank as a leader in residential mortgages.

8. Treasury Provides Another $1.15B to 42 Banks -

WASHINGTON (AP) - The Treasury Department has provided $1.15 billion to 42 banks in new payments from the government's $700 billion financial rescue fund.

The department said Tuesday that the latest capital infusions went to banks in 25 states, including the first awards in Nebraska.

9. Archived Article -

63 lots in
The Vinings
Sale Amount: $6 million

Sale Date: Dec. 26, 2007

Buyer: RAM Holdings LLC

10. Archived Article -

The Laurels condos at
Highland Street and Central Avenue
Loan Amount: $10.5 million

Loan Date: Nov. 13, 2007