Mortgage Blog

Nimit Kapoor of Fifth Third Bank in Orlando consistently has been a leading performer among his peers since joining the bank three years ago.

Amazon.com Inc.'s potential move to Long Island City lays the foundation for the Seattle-based e-commerce giant to enter into — and dominate — the financial services sector, including real estate, wealth management and brokerage.

That's according to real estate pro Janine Yorio, co-founder and CEO of Compound Asset Management, a New York City-based real estate technology company.

“I don't know for sure whether it will help or hurt the city, but it will certainly shake things up,” she…

Thomas Barrack Jr. is returning as CEO of Colony Capital Inc., the investment firm he founded in 1991.

Los Angeles-based Colony Capital (NYSE: CLNY) said it reached a “mutual agreement” for Richard Saltzman to resign as CEO, president and a director. Saltzman had been the company’s CEO since it went public four years ago.

Saltzman will remain in a non-executive capacity as chairman of both Colony Credit Real Estate Inc. (NYSE: CLNC) and NorthStar Realty Europe (NYSE: NRE), which are externally…

Gaylon Lawrence Jr. can purchase more shares of Nashville-based CapStar Financial Holdings Inc.

In a letter dated Nov. 6, officials with the Federal Reserve approved the frequent bank investor's application to buy up to 15 percent of CapStar's outstanding stock. He now owns just under 10 percent.

CapStar unsuccessfully attempted to block Lawrence's application, in addition to filing a lawsuit against him. Lawrence is now limited to the 15 percent threshold. In order to exceed that limit, he will…

Editor's note: This story comes from our online sister publication, Minne Inno, which focuses on the Twin Cities startup scene. Want more stories about tech and innovation in the Minneapolis-St. Paul area? Subscribe to the Beat by Minne Inno, a free daily email newsletter that breaks down everything you need to know about what's new in business the Twin Cities.

When Software for Good founder and CEO Casey Helbling decided to build a business around working for the public good, he didn’t…

Democratic control of the House and exit of three Republican leaders pave way for progress, the Portland congressman says.

Sacramento’s Hanson McClain Advisors, one of the region’s largest financial and retirement planning firms, has added tax and accounting services with a recent acquisition.

Last Thursday, Hanson McClain bought the practice of Folsom-based CPA Michael Mouriski.

Mouriski and his three employees are working for Hanson McClain, and the firm has hired two more accounting professionals to expand the practice, said co-founder Scott Hanson.

This is Hanson McClain's second acquisition since Boston-based…

A local marketing leader who previously worked for Books-A-Million has joined Avadian Credit Union.

The credit union has named Jeff Skipper as assistant vice president of branch experience and product strategy. His responsibilities in his new role will include researching optimal branch locations and implementing new product initiatives.

“Jeff comes to the table with a plethora of experience in multiple industries,” said Stanton Davis, Avadian's chief experience and innovation officer. “His…

The company once focused on upstream energy clients but is diversifying with more retail customers, including Houston-based Mattress Firm.

USAA has agreed to sell its investment arm, USAA Asset Management Co., to Cleveland-based Victory Capital Holdings Inc.

The San Antonio-based financial services and insurance giant is selling the subsidiary for $850 million in a deal expected to close during second quarter 2019. The companies said that future payments may be based on “future business performance.”

USAA Asset Management employed about 400 workers, according to USAA; about 300 of those workers are expected to continue with Victory…