Mortgage Blog
SBA Houston District sees lending increase for minority-owned and rural businesses
Between fiscal years 2019 and 2023, SBA-backed loans to minority-owned and rural businesses increased, while the average value of these loans varied from group to group.
Power Player 2023: Ramsey Hamadi, Triad Business Bank
Hamadi and his team at Triad Business Bank grew deposits by nearly 20% in Greensboro/High Point and more than 66% in Winston-Salem from June 2022 to June 2023.
Miracle deal: Legacy Sports Park in Mesa to be acquired out of bankruptcy
If the U.S. Bankruptcy Court gives its final approval, a private equity firm based in the San Francisco Bay Area, will purchase the 320-acre Legacy Sports Park in southeast Mesa. Here are the broad details of the agreement, which included a last-minute settlement with a company that filed a mechanics lien against the project.
Cambridge Savings Bank CEO announces plan to retire
Cambridge Savings Bank president and CEO Wayne Patenaude has resigned from his position.
Pittsburgh hires Philadelphia minority-owned index manager to oversee $195M portfolio
The investment firm is a majority African American and woman-owned S&P 500 index manager.
Business Journal names 11 Health Care Leadership Award honorees
The honorees will be recognized at a lunch reception in Seattle on Dec. 7.
PeaceHealth strike enters day 2 with the sides far apart
Both wages and staffing ratios are in play as 1,300 PeaceHealth employees remain on strike at two Washington locations.
HistoSonics gets FDA OK to sell tumor-killing sound wave device
The FDA gave HistoSonics market authorization for its Edison device, which destroys liver tumors with sound waves.
WakeMed to replace UNC Health at Raleigh psychiatric facility
WakeMed will take over an psychiatric unit at WakeBrook Behavioral Health Facility in Downtown Raleigh.
Boston Medical Center launches ‘Economic Justice Hub’
Boston Medical Center is using a $3 million grant from the MassMutual Foundation to help the families of its pediatrics patients achieve economic stability.