Mortgage Blog

From record-breaking M&A activity to interest rate hikes to the fight for talent, business disruptions are ever-present and ever-changing.

While hurricanes and natural disasters can cause major operational setbacks and are well known to Florida businesses, strategic disruptions present a different set of planning challenges. Disruptions like industry consolidation, upstart competitors, innovation and automation are increasingly prevalent and have a more lasting impact. In fact, more than 27 percent…

BOK Financial finalized its acquisition of CoBiz Financial earlier this month.

The auction for New York-based manufacturer Arconic Inc. may have hit a snag.

Per The New York Post, “skittishness grew” due to Arconic's aluminum cladding being partly blamed for a 2017 fire at Grenfell Tower, a 24-story residential building in London. Seventy-two people died in the blaze.

Due diligence ahead of final bids showed “liability issues,” according to the report.

A 2017 class-action shareholder lawsuit alleges that Arconic (NYSE: ARNC) knew the panels had a combustible core and…

The project aimed to build 600 single-family residential lots, 270 townhome lots, 500 apartments and 1.5 million square feet of commercial space.

CB Financial Services Inc., parent of Community Bank, has officially opened a northern business center in Warrendale.

Building upon an initiative Community Bank announced in March 2017 to increase commercial lending north of Pittsburgh, the center employs three and is led by Lance DiYanni, senior vice president and market executive. It is located at 110 Pinewood Lane.

CB Financial (Nasdaq:CBFV) President and CEO Patrick O’Brien said in a prepared statement that the center serves northern Allegheny,…

Burlington Self-Storage obtained a $11.5 million construction loan from Belmont Savings Bank that will allow it to break ground soon on a storage facility west of Lake Worth, Florida, in Palm Beach County.

Bank of Hawaii Corp. (NYSE: BOH) reported net income of $56.9 million for the third quarter of 2018, an increase of 23.9 percent compared to net income of $45.9 million in the same period last year.

The state’s second-largest bank reported diluted earnings per share of $1.36 for the third quarter of 2018, compared to diluted earnings per share of $1.08 in the same quarter last year.

The bank also reported deposits were $14.8 billion for Q3 2018, compared to $15 billion in 2017, a decrease of…

Do you work in a Twin Cities-area Cool Office? If so, send high-resolution photos (Dropbox is best for easy sharing) and a description of the space including its location, size, use, features, technology, employee count, designer and builder to Kim Johnson ([email protected]) for consideration.

Bellmont Partners has long had a liberal “work from wherever” policy, but with its new digs in Edina, more and more of their employees are finding themselves drawn to the office. “We noticed it almost…

Paul Volcker, at 91, discusses his new memoir, is at times a dishy tale of Volcker’s years in Washington while also a telling memoir about a man who not only redefined the role of Fed chairman but, after the financial crisis, conceived of a namesake rule that eliminated some of the most blatant risk-taking by Wall Street banks.

Atlanta-based financial technology company NCR Corp. (NYSE: NCR) said Monday it's entering the payments processing business by buying Allentown, Pa.-based JetPay (Nasdaq: JTPY), a provider of end-to-end payment processing services, for $184 million.

NCR said the deal will let it integrate a cloud-based payments platform into its point-of-sale (POS) technology for the retail and hospitality industries. It also accelerates NCR’s strategy of increasing recurring revenue growth and expanding profit…