Mortgage Blog
Lowering NC income tax rate could create ‘challenges’ but not ratings changes, says S&P
Should voters approve a decrease in income tax when they visit the polls in November, it’s not expected to impact the state’s AAA rating from the S&P.
Locally based hard-drive maker sells to Washington company
Local computer storage technology company ioSafe Inc. has been bought by a Vancouver, Washington-based data mobility, security and encryption company.
Private equity giant TPG lowering fee discount for early investors
More private equity managers have been raising their fees in recent years as investors have flocked away from other more volatile and potentially overheated parts of the financial market for a place in their funds. The average fees charged by buyout funds have climbed to nearly 2 percent of what an investor puts in, up from 1.85 percent three years ago, according to industry tracker Preqin.
Fulton opens mortgage office in North Philadelphia, plans for 2 bank branches
The office will serve first-time home buyers in low-income and minority neighborhoods and retail branches are coming in North Philadelphia and Brewerytown.
CFO of the Year honoree: Anker Christensen, River City Bank
As CFO, he oversees the finances of River City Bank's $2 billion in assets.
Tech startup Blast launches app that lets gamers save money
Technology startup Blast has closed on a seed round of $12 million and launched its app, which aims to help people save and earn money while playing games.
Newport Beach, California-based Blast said its app provides a way to save money by playing mobile games, based on in-game triggers set by the user.
Gamers also earn real cash dividends by completing “missions” to explore new games or achieve higher levels in existing games. In addition, the leaderboard pays cash to the top 25 percent of…
Moon Express, cannabis company grab $7.8M in venture capital
Venture capital helps grow innovative startup companies that bring high-skill, high-wage jobs and bolster an area’s economy.
CFO of the Year honoree: John Kelleher, ClearCaptions
Managing finances for companies that specialize in socially beneficial services is nothing new to John Kelleher.
The highs and lows of Lloyd Blankfein’s career at Goldman Sachs
He rose from a Brooklyn housing project to Harvard, and then from metal sales to the highest perch on Wall Street. Now Lloyd Blankfein is winding down his 12-year tenure as Goldman Sachs’ chief executive, the longest run atop the firm in five decades.
CFO of the Year awards: Introducing our second group of honorees
Over the next few days, we're introducing you to this year's CFO of the Year honorees. We'll celebrate those local professionals at a luncheon on Thursday.
Today, we're highlighting honorees in the “medium, large and mega” company categories. One is finishing his master's degree in religious studies. A second fantasizes about being a research scientist, and another enjoys driving high-performance cars.
Learn about the honorees in these profiles.
John Kelleher, ClearCaptions LLC
Anker Christensen,…