Catherine Kissick, a well known figure in warehouse lending circles, late Friday pleaded guilty to criminal charges tied to the collapse of Taylor, Bean & Whitaker (TBW), a large Federal Housing Administration lender based in Ocala, Fla.

Kissick was a senior executive at Colonial Bancshares, Montgomery, TBW's largest warehouse provider. When the bank failed in August 2009 and was sold to BB&T, Kissick initially took a position with Colonial's new owner but was then placed on leave, sources told National Mortgage News.

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