Regions Bank places $1B bet on home renovation market
Housing Wire
JUNE 8, 2021
The Salt Lake City-based lender says it’s worked with over 1 million homeowners since its founding in 2002 and funded $11.6 EnerBank funds most of its loans on its balance sheet through FDIC -insured brokered CDs; it also charges fees to the contractors. billion in home improvement projects. billion in volume in 2020.
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