Mortgage Blog
Draper Triangle makes its biggest investment of 2018 in developer of anonymous payment app
Pittsburgh-based VC leads $10M financing round.
Women Who Mean Business honoree: Francine Vorhees of Moss Adams
During her time at Moss Adams, Francine Vorhees has pioneered many programs for women, including Forum W, an initiative aimed at attracting, retaining, developing and advancing women in the firm.
Irma insurance losses close to $10 billion
Insurance loss estimates from Hurricane Irma have hit $9.7 billion, up by more than $1 billion since April, according to the latest numbers posted by the Florida Office of Insurance Regulation.
Insurers also advised the state agency that the number of claims had reached 987,767 from the massive and deadly September storm. The was up more than 54,000 from when numbers were previously updated in April.
Officials said they expected claims to be made for more than a year after the storm, as property…
Fifth Third sets Atlanta expansion in motion
Fifth Third Bancorp has plans to build an even stronger hold in Atlanta.
Bitcoin review: It was a bad week for cryptocurrencies
Cryptocurrencies had their worst week since March.
The week was chock full of negative news:
A South Korean heist tanks the value of bitcoin
A University of Texas study suggests artificial demand drove up the price of coins
And Stephen Bannon says he is investing in bitcoin because “it takes control back from central authorities.”
Peruse the top news stories below for more of this week's coverage:
Sunday, June 10: Bitcoin crashes after a small crypto exchange in South Korea reported a hack on…
Bonadio Group keeps adding women to leadership team
The Bonadio Group, one of the largest public accounting firms in the region, keeps adding women to its leadership team – both in Western New York and across its footprint.
And by doing so, it continues to be recognized as one of the top firms in the nation for female accountants and CPAs.
For the sixth year in a row, the firm, based in suburban Rochester, has been named one of the best CPA firms for women by the Accounting and Financial Women's Alliance, which sponsors an annual survey on female…
Philadelphia investment advisor pleads guilty to $1.6M Ponzi scheme
The head of a Philadelphia investment advisory who bilked clients out of $1.6 million in a Ponzi scheme has pleaded guilty.
Carl Frederic Sealey, 43, chairman of Global Standard Industries Inc. (GSI) and SEK Industries, admitted his guilt in connection to fraud charges where federal prosecutors said he used his investors’ money to fund his own lavish lifestyle.
Sealey claimed his company had more than $15 billion in managed domestic assets and another $33 billion offshore, according to the U.S.…
Why this Mastercard exec says partnership is vital to fintech success
To narrow the gap between large corporations and small startups, there has to be a team effort. That was the message Colleen Taylor, executive vice president of new payments at Mastercard, brought to the table Wednesday at Charlotte's annual Fintech Generations conference.
Bitcoin’s price was artificially inflated last year, researchers say
The research by a University of Texas finance professor and a graduate student is likely to stoke a debate about how much of bitcoin’s skyrocketing gain last year was caused by the covert actions of a few big players, rather than real demand from investors.
Howard Bank CEO Scully challenges business leaders to spend more time in Baltimore
Mary Ann Scully, the CEO of Howard Bank, spoke to an audience of more than 150 people after receiving the Baltimore Museum of Industry's “Industrialist of the Year” award.