Mortgage Blog

Victims said they lost their homes in fraudulent deals orchestrated by Michael Litz. They told their stories in letters filed in federal court that were recently unsealed.

The Charlotte region’s Fortune 500 headquarters count remained steady at six in Fortune magazine’s listing of the largest U.S. public and private corporations for 2018.

There were no companies in South Carolina that made the Fortune 500 ranking.

Charlotte-based Bank of America Corp. (NYSE: BAC) remained in the top spot for North Carolina, moving up two spots to No. 24 with $100.3 billion in revenue in 2017.

Among local companies, Sealed Air Corp. (NYSE: SEE) was the biggest mover on the list,…

Fifth Third Bancorp has officially named its newest chief legal officer.

Susan Zaunbrecher, a former partner at Cincinnati law firm Dinsmore & Shohl who Fifth Third brought in last month, was officially named to chief legal officer on Thursday. She replaces Jelena McWilliams, who was confirmed Thursday to chair the Federal Deposit Insurance Corp.

Fifth Third (Nasdaq: FITB), Cincinnati’s largest locally based bank and the nation’s 13th biggest, hired Zaunbrecher as executive vice president…

Right now might be one of the hottest times in recent history in the mergers and acquisitions market, and some industry experts say if business owners are looking for an exit strategy, now is the time to move.

In total dollars and number of investors, the CTAN investment in Xeris Pharmaceuticals is the organization’s third-largest to date. About 30 members have invested in Xeris, according to CTAN Executive Director Claire England.

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.

While Silicon Valley and the Bay Area tend to dominate the tech scene in California, Los Angeles has a handful of its own companies finding success.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span.

The total marked a 26…

Representatives from Deutsche Bank (NYSE: DB) are not talking about how a restructuring might impact the company’s growing Cary campus.

Calls to the media line were unanswered Thursday and Friday, and a woman answering the main line at Deutsche Bank said the bank “no longer [has] voicemail.”

In an email late Friday, spokeswoman Kerrie McHugh said the bank would not be commenting on the layoffs, nor would it give a recent update for the Cary headcount.

That comes as the company has disclosed…

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started. In New York City, the banking and tech sectors were — unsurprisingly — the most successful this quarter.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span.

The total marked a 26 percent year-over-year surge over the…

Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started. In Chicago, industry leaders Abbvie, Boeing, CME and Exelon led the pack of highest profit earners.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally…

The measure helps ease the most stringent restrictions on small and regional banks while keeping in place restrictions on the largest financial institutions.