Mortgage Blog

Boston venture capital firm OpenView Venture Partners led a new round of funding that raised $35 million for a Seattle-based sales software startup.

Boston-based investment giant Wellington Management Co. is known for advising other fund companies on how to manage their clients’ money. But for its latest partnership, Wellington isn't partnering with a fellow investment firm — it's joining a world-renowned scientific research organization on Cape Cod.

Wellington announced Monday that it is teaming with Woods Hole Research Center to study how climate change might affect capital markets around the world. The Falmouth-based think tank was founded…

Just a year after it entered the Cincinnati market, a business bank has hired a new market president and formalized plans for a second local office.

JPMorgan Chase & Co. plans to cut 102 jobs in Houston this fall, according to a letter sent to the Texas Workforce Commission.

The affected positions are branch support jobs in its Chase Consumer & Community Banking, Customer Protection Services and Workforce Management units.

Their functions will be assigned to other sites, JPMorgan Chase spokesman Greg Hassell told the Houston Business Journal via email. No other details were given.

“We always look for ways to operate more effectively and…

An aerospace company backed by Dallas private equity firm Trive Capital acquired a Virginia-based contractor that, in part, makes an aircraft system allowing clients to see real-time images on a 3-D map.

More private equity firms are steering their aerospace investments into drone and geospatial technology providers that make detailed maps from the sky. The global aerospace and defense industry saw its revenue pass $685 billion last year, according to a recent study by Deloitte.

Trive first invested…

More than half of the region's 25 largest bank branches by deposits are PNC branches, not a surprise considering PNC dominates the metro by market share at more than 42 percent.

To see the 25 branches in the region with the most deposits, according to FDIC data as of June 30, 2018, click on the image.

The historic challenge to creating inclusive economic growth in this region has been getting Washington, D.C., Maryland and Virginia to work as one. Fortunately, this is changing.

For the first time in decades, leaders from the business community and across geographic and political boundaries have a shared vision for growing the regional economy. And the prospect of becoming home to Amazon’s second headquarters has injected a greater sense of energy and unity to meaningfully address issues like…

As the rain continued to pound on his state, North Carolina Department of Insurance Commissioner Mike Causey was on the front lines, visiting state residents displaced by the storm.

A top state regulator is continuing its crackdown on scam artists seeking to dupe Texans into investing in the cryptocurrency craze.

One of the latest firms to be shut down was allegedly pushing its scheme to Dallas investors on craigslist.

The schemes echo offers from investment fads in the past by targeting those who don’t want to miss out on run-ups in everything from the housing market to dot-com companies. Trailing behind the feverish climb in prices for cryptocurrencies like Bitcoin last…

The Hunt Valley advisory firm is in the midst of building out a much larger second office in Alexandria, Virginia.