Mortgage Blog

Chevy Chase-based aerospace and defense investment firm Enlightenment Capital has formed a government services company, merging four entities together into a new platform called EverWatch.

Ashburn-based EverWatch employs more than 400 serving customers in the defense and intelligence markets and is led by President Robert Miller. Enlightenment Capital plans to continue to invest in the platform, both organically and through M&A, said Managing Partner Devin Talbott.

Miller has been president of…

He's a Louisville native but has been away for a while, working in the technology and mortgage industries.

Two Greater Cincinnati banks that are each more than 95 years old have merged.

Cincinnati Bancorp, the small but publicly traded holding company for Cincinnati Federal, merged Kentucky Federal Savings and Loan Association’s operations into its own on Friday. Kentucky Federal’s three banking offices, in Covington, Florence and Williamstown, reopened today as Kentucky Federal, a Division of Cincinnati Federal.

Cincinnati Bancorp (OTC Pink: CNNB) issued 63,382 shares of stock to its mutual holding…

Only two traditional Sears stores remain open in the Dayton region, in Piqua and Springfield.

One auto center remains in the Dayton-area market; and a few outlet and appliance concept shops.

Illinois-based Sears Holdings Corp., which owns Sears and Kmart, filed earlier today for Chapter 11 protection in U.S. Bankruptcy Court in White Plains, New York — on the same day that it was due to make a $134 million debt payment, according to Chicago Business Journal reporting.

There are currently about…

The changes come as Allianz announced a deal to sell Questar Capital Corp.'s assets to Woodbury Financial Services Inc. for an undisclosed amount.

Kafi Slaughter, senior vice president and senior wealth advisor at Wells Fargo Private Bank, is one of this year's Women Who Mean Business honorees.

Kind-hearted, caring people may be more likely to suffer financial hardship, new research shows.

A study done by the American Psychological Association determined that people who are more agreeable tend to face greater economic difficulties, especially those at lower income levels.

The study notes that past research has found personality traits linked to financial habits, like neuroticism predicting higher debt rates or increased compulsive buying, and conscientiousness tied to debt avoidance and…

Another high-profile figure has pulled out of an investment conference in Riyadh due to growing tensions between the United States and Saudi Arabia.

JPMorgan Chase & Co. CEO Jamie Dimon will not attend the so-called “Davos in the Desert” event.

The New York-based bank (NYSE: JPM) didn't go into detail as to why Dimon decided not to attend, but it's believed that it is a response to the disappearance of Saudi journalist Jamal Khashoggi.

Two weeks ago, Khashoggi went missing at Saudi Arabia's Istanbul…

Sears Holdings Corp., which filed for bankruptcy early Monday morning, wasn't a big competitive threat to either Best Buy Co. or Target Corp. But the Minnesota retailers could be among the biggest beneficiaries if Sears goes away.

Bloomberg has an early take on the possible winners and losers in a Sears bankruptcy, and counts Richfield-based Best Buy (NYSE: BBY) firmly in the “win” camp. That's chiefly because of its growing appliance business. Sears, even as its sales dwindled, remained a pretty…

A federal jury in Philadelphia convicted a Colorado man for his role as the deal-closer in a $54 million Ponzi scheme where investors poured their money into a bogus Main Line green energy company started by two local Temple University graduates.

Wayde McKelvy of Centennial, Colo., and co-conspirators Troy Wragg and Amanda Knorr lured more than 300 investors with the promise of huge returns, as high as 484 percent, for securities investments in supposedly profitable business ventures in real estate…