Banco Popular North America

Banco Popular North America

There are 8 comments on the Houston Business Journal story from Oct 22, 2007, titled Banco Popular North America. In it, Houston Business Journal reports that:

Popular, which has six branches in Houston, has more than 140 banking offices in California, Florida, Illinois, New Jersey, New York and Texas. via Houston Business Journal

Join the discussion below, or Read more at Houston Business Journal.

ELSA LIMA

Austin, TX

#1 Dec 10, 2007
PLEASE CALL MI 469 569 38 26
Michael Hunt

AOL

#2 Dec 28, 2007
What about Banco Popular? Besides the fact that they have about $500 million dollars in mortgage loans to illegal alliens, that they cannot sell to FNMA and they are in trouble because of that, what else can you tell us about this bank?
Isabel Marquez

Pharr, TX

#3 Feb 7, 2008
Banco Popular is giving us a great opportunity even we are illegal alliens thanks god.
Michael Hunt

AOL

#4 Feb 8, 2008
Have you heard of the latest ICE raids? Banco Popular better review their lending policies.
Alex

Los Angeles, CA

#5 Mar 15, 2008
Banco Popular is a bank with more than 45 BILLION in assets. A strong community bank they will doble in size in the US by 2010. They serve all the communities and mortgage loans is not a problem for them any more.
Eduardo

Dallas, TX

#6 Mar 18, 2008
Banco de popular is used to launder money from monies earned by illegal aliens to send to their families back home. BDP takes a cut of these transactions of of course and being cash-based transactions, have flexibility when it comes to bookkeeping.

They also act as "front-men" for illegals trying to secure loans. They are legal loansharks basically. Doesn't anyone wonder why their "branches" are in office buildings and not in secured structures like a regular bank?
jjj

Chicago, IL

#7 Mar 25, 2009
This is baseless and stupid. More than 50% of BPNA's customers are non hispanic. They are a SBA preferred lender, over 40 billion in assets. I have never seen a Banco in an office suite.
Eduardo wrote:
Banco de popular is used to launder money from monies earned by illegal aliens to send to their families back home. BDP takes a cut of these transactions of of course and being cash-based transactions, have flexibility when it comes to bookkeeping.
They also act as "front-men" for illegals trying to secure loans. They are legal loansharks basically. Doesn't anyone wonder why their "branches" are in office buildings and not in secured structures like a regular bank?
Miami Investor

Hialeah, FL

#8 Apr 13, 2010
I buy defaulted assets and BPNA has tons of commercial paper in default which I have seen and walked through. And they are kicking the can down the street by not selling and raising their capital. Poor asset management team and financial decision making abilities.

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