Fifth Third Bancorp, which said it was the victim of fraud on a loan with a $200 million balance, believes the situation was an isolated incident in the company’s warehouse-lending business, according to Chief Executive Officer Tim Spence. The Cincinnati-based bank expects to lose substantially all of the loan’s balance, and for the “one-off” incident […] The post Fifth Third CEO says $200 Million loan fraud is ‘one-off’ issue appeared first on Auto Finance News.| Auto Finance News