Top tips for effective communication. Use clear language: Avoid jargon and tailor your language to your patientsâ understanding and information needs. Be conscious of your non-verbal communication: It is important to maintain eye contactâreading notes or looking at the computer screen may convey negative messages.
In June, Accredited Home Lenders asked to sell the mortgage servicing platform to Vericrest for $250,000. Vericrest is owned by private equity manager Lone Star Funds, which acquired Accredited Home Lenders in 2007 for $296 million. The deal was criticized by creditors, including JPMorgan Chase Bank NA and two structured investment vehicles owned by Kodiak Funding LP, which tried to block the sale.
The acquisition is Heartland's first in the area outside of a series of deals beginning in 2010 for failed banks, which doubled Heartland's size. Heartland acquired the assets and deposits of failed Western Springs National Bank and Bank of Shorewood in 2011, as well as failed Citizens First National Bank of Princeton, which had several suburban branches, in 2012. Adding American Midwest will increase Heartland's branch count in the suburbs to 16.