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Lee will manage loan processing and administration throughout Southern Bancorp Bank. LITTLE ROCK, ARK. – Southern Bancorp today announced the promotion of Ardella Lee to Director of Loan Operations, a leadership position in which she will manage loan processing and administration throughout the company. Lee has worked in banking for over 25 years and previously […]
By Charlestien Harris Last week, I shared loss mitigation options for individuals with government sponsored enterprise (GSE) loans that are unable to make mortgage payments due to a COVID-19 financial hardship. This week my attention will focus on the loss mitigation options available for FHA (Federal Housing Administration) backed loans. If you discover you can’t […]
Deferred Dreams: How Unmanageable and Abusive Debt Hinder Savings and Economic Security to be discussed during public webinar on Wednesday, August 19. LITTLE ROCK, ARK – Southern Bancorp Community Partners (SBCP) recently published “Deferred Dreams: How Unmanageable and Abusive Debt Hinder Savings and Economic Security,” a policy brief that explores how historic levels of debt […]
By Charlestien Harris So far we’ve talked about debt management plans and debt consolidation. In the final blog for my debt elimination series, I’ll be discussing debt settlements. The prospect of paying less than you owe — far less in some cases — makes debt settlement an enticing choice for eliminating debt. It is also […]

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