Mortgage Blog

According to Umpqua Bank’s 2023 Business Barometer survey, economic confidence among U.S businesses is growing compared to a year ago. The trend is especially pronounced among businesses in the West, including in Phoenix, the nation’s fifth-largest city and one of the fastest-growing over the past decade in terms of population and economic activity.

Consider these key findings from the survey:

Fifty-seven percent of business respondents in the West rate economic conditions either excellent…

Denver’s dynamic economy and quality of life have steadily attracted employers and new residents over the past decade. The city’s population grew by more than 100,000 in the period, fueling further economic growth. The Mile High City’s economy is the sixth-fastest growing in the country.

Against that backdrop, it’s not surprising that Denver’s business leaders are among the most optimistic in the country despite lingering economic concerns. Consider these survey findings from Umpqua Bank’s…

A measured optimism among businesses runs through the heart of California’s capital. Spanning a diverse range of sectors ― including government, real estate-related industries, technology and agriculture ― Sacramento boasts a diverse and resilient economy. And business leaders are steadfast in meeting today’s economic challenges.

According to Umpqua Bank’s annual Business Barometer survey, area businesses are helping drive improved economic confidence among small and midsize companies…

One of the biggest players on the Austin banking scene is re-entering the mortgage market with a product designed to help the working-class achieve homeownership amid an ever-rising barrier to entry. Also included with this list: ABJ's ranking of local mortgage officers.

While economic concerns linger, overall positivity and confidence among San Francisco’s small and middle market companies are improving over a year ago — part of a growing trend of optimism among business across the West. According to Umpqua Bank’s annual Business Barometer survey, the West, with closer geographic ties to Asia and leading technology hubs, records higher optimism levels than other regions.

Consider these findings:

Fifty-seven percent of businesses in the West and 54% of San…

Schwab bank deposits declined by $20 billion during the third quarter but the company's asset management business displayed strength with an influx of $48 billion in net new client assets. Click through for more takeaways from the latest quarterly report by this financial giant headquartered in DFW.

The Puget Sound is home to numerous corporate headquarters and serves as a key West Coast hub for a diverse range of industries. The region’s economy is also powered by small and middle market enterprises whose ability to navigate economic headwinds is an important factor in the overall health and vitality of surrounding communities.

According to Umpqua Bank’s annual Business Barometer survey, leaders of these companies across the Puget Sound are more confident than last year in the economy…

Nuvalent Inc. is holding a $300 million stock offering just days after it presented promising data from its second lead cancer drug.

CVS chief financial officer Shawn Guertin has taken a personal leave of absence from the company. Here's who is stepping in during the interim.

Health care technology company Streamline Health is laying off nearly a quarter of its workforce and has a new leadership team.