mortgage lenders birmingham al, mortgage lenders in cities

Forgive us our debts? (Scott Beaulier)

21.05.13

I can remember when, after signing my first mortgage papers, the closing attorney looked me in the eye and said, "The mark of a real man is someone who can stare a 30 year note in the face and say, 'Bring it.' Congratulations!" The moment of taking on a major debt obligation was a big one for my wife and me, as we knew we'd do everything we possibly could to make sure we remained in good standing on our mortgage.

Long before my wife and I secured our first mortgage, I incurred student loan debt to finance portions of my undergraduate and graduate education. Like my mortgage, I knew borrowing for my education was a commitment I was making with lenders. The money I received was some of the easiest and cheapest money I've ever borrowed; in fact, if I were to do it over again, I would take a lot more student loan debt on for the sake of living better while young and "smoothing" my consumption.

Had I not borrowed, I wouldn't be where I am today: Debt free grad school living would have probably meant living in an apartment with five other people in a 21 spring commencement ceremony since finishing graduate school, I think about the many things that have changed in higher education. College is a lot more expensive than it was 10 years ago; the job market for recent college grads is worse; and the student loan debt they carry is higher than it was a decade ago.

Source: http://blog.al.com/birmingham-news-commentary/2013/05/forgive_us_our_debts_scott_bea.html

National Bank of Commerce aims to return familiar service back to Madison

21.05.13

Many of the same people who ran First American before being sold to RBC Bank in 2008 are back together and rolling out the same business model at its two locations in Madison County: Shoppes of Madison on U.S. 72, which opened in late March, and in downtown Huntsville.

"It's the community bank approach," Evans Quinlivan, president of National Bank of Commerce's Huntsville market. "Clearly, the industry has changed and we're delivering our services in different ways, but at the end of the day, it's still a people business. You call us and we're still going to answer the phone."

There are already about two dozen financial lenders with a Madison address, but Quinlivan said the local economy still provides enough opportunities to "carve out a piece of the pie."

The key is finding a different way to deliver the same services the competition offers, he said; and while the name of the bank is new, the people managing it already have a reputation of being community-minded from their time at First American.

Source: http://www.al.com/business/index.ssf/2013/05/national_bank_of_commerce_aims.html