Mortgage Blog

Cattaraugus County Bank’s branch network shrunk last month following the closure of the Franklinville office.

American Financial Group Inc. co-CEO Carl Lindner III, who also owns professional soccer club FC Cincinnati, sold more than $22 million worth of American Financial stock last month in his largest sale of company stock ever. It’s the latest in a string of sales around the time the club won a Major League Soccer expansion franchise.

Lindner sold 200,000 shares of stock in downtown Cincinnati-based specialty insurance provider American Financial (NYSE: AFG) for $22.3 million from Aug. 8-15, according…

A trio of Central Ohio businesses are on the grow thanks to recent acquisitions.

Banks have predicted that 2018 will be a strong year for acquisitions, especially as companies navigating federal tax reform find themselves with more cash on hand. Meanwhile, some of the prices we've seen on M&As have been higher. It's a seller's market for Central Ohio companies.

And with that…

Heartland Bank to buy another Central Ohio name

Gahanna-based Heartland Bank – which hit the $1 billion milestone…

The Maryland Proton Treatment Center has raised more than $277 million in new funding, slashing its debt by about 35 percent as the facility struggles to gain financial footing since opening in early 2016.

The center raised the capital through the sale of tax-free municipal bonds as part of a deal backed by the Public Finance Authority of Wisconsin.

Located at the University of Maryland BioPark, the 110,000-square-foot cancer treatment facility has faced challenges in drawing enough patients to…

As Renasant Bank prepares for its longtime Tennessee chief to retire, the Mississippi-based lender has hired away a local banking pro to help take the reins.

The credit union has been on an acquisition spree, but this is its first noncore deal.

The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations around the country. Here are other recent stories reported by The Business Journals.

Goldman Sachs Group will not be opening a trading desk for cryptocurrencies. That's according to Business Insider, which cited sources saying that bitcoin and other…

Stifel Bank's Chris Reichert, Enterprise Bank's Jim Lally and Commerce Bank's John Kemper have been selected to a national list of notable financial executives.

The Business Journals’ Influencers: Finance spotlights 100 executives who are having an impact on business being done in communities across the nation.

These 100 executives represent both large, nationally known lenders as well as smaller, community based institutions. The group also includes entrepreneurial investors and the financials…

State Farm plans to close its 1,400-employee office in Tacoma by the end of 2018.

Digital Media Solutions has completed its seventh acquisition since the beginning of 2016, buying BetterLoanChoice.com.

The deal expands DMS’ footprint in consumer finance, said Joe Marinucci, CEO.

BetterLoanChoice is a personal lending marketplace where consumers come to find options for personal loans, similar to Prosper or LendingTree (NASDAQ: TREE).

It gives advertisers access to those consumers.

Personal lending is the fastest-growing type of consumer lending product in the past year,…