Bank buys Jake Files’ property in foreclosure sale for $2.1 million in defaulted loans
Dave Hughes of the Arkansas Democrat-Gazette reports that the First Western Bank of Booneville bought three properties of Sen. Jake Files, including his Fort Smith home, on Free Ferry Landing, at foreclosure sales today to satisfy unpaid loans of $ 2.1 million. The bank bid $ 2.048 million, Hughes reported. Foreclosure News