Mortgage Blog

The nation’s largest banks — and public companies, for that matter — are preparing for a timeout from the courtroom following years of being pummeled by shareholder and investor lawsuits in the wake of the Great Recession. And several of the Philadelphia region's largest public companies are among those with the highest legal bills.

At the end of 2017, the country's largest banks collectively decreased their estimates for future legal costs to their lowest levels since 2012, and legal experts…

Major companies are tapping executives from some of the Bay Area’s most successful companies as directors, spreading the region’s influence, innovation and Silicon Valley ethos into the boardrooms of some of the nation’s biggest companies. The trend also reflects the caliber of talent working at Bay Area startups.

Many are watching to see whether changes to federal tax law will spur individuals or companies to leave California and other high-tax states. Financial pioneer Chuck Schwab says it's already happening.

Day-to-day operations of the Federal Reserve Bank of Atlanta will soon be under new leadership.

Nonbanker members of the Sixth Federal Reserve District's board of directors have appointed André Anderson as first vice president and chief operating officer of the Atlanta Fed, effective July 1. He succeeds Marie Gooding, who will retire on June 30 from the Atlanta Fed after 31 years of service.

Anderson's role includes oversees all operating and support activities at the corporate headquarters in…

Following years of being pummeled by shareholder lawsuits, some of the nation’s largest banks are starting to get a break on their litigation costs.

With regulatory approvals in hand, Visalia-based Suncrest Bank is on track to take control of West Sacramento’s Community Business Bank on Tuesday.

Nearly all of the bank employees that customers deal with are being retained in the merger, and the name of Community Business Bank in this market will remain in use, said John DiMichele, CEO and founder of Community Business Bank.

Suncrest announced the $62.5 million cash and stock deal in November to buy CBBC Bancorp, the parent company of Community…

Pinnacle Financial Partners CEO Terry Turner likes setting big goals, and he's OK with missing the mark half the time.

Maryland lost 4,300 jobs across a wide number of industries in April while the unemployment rate held steady.

Government jobs decreased the most of any sector, losing 2,300 jobs. Manufacturing saw the biggest decrease of any private sector industry with a loss of 1,000 jobs, according to data released Friday by the U.S. Department of Labor.

Trade, transportation and utilities was the only sector to see an increase, gaining 1,000 jobs.

Education and health services lost 900 jobs and financial…

Financial management software developer Adaptive Insights Inc. filed Thursday to raise $100 million in an upcoming IPO.

The Palo Alto-based company has raised about $175 million in venture funding. PitchBook Data said it was valued at about $475 million after it raised its most recent round in 2015.

Adaptive Insights was launched by Robert Hull in 2003 to build a cloud-based software platform that chief financial officers can use for budgeting, forecasting, reporting, consolidation, dashboards…