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Mortgage Blog


Want to provide a health benefit to workers and encourage employees to save at the same time? Offer a high-deductible health plan combined with a health-savings account; it accomplishes both goals and likely encourages retention, too.

This sounds like I’m mixing apples and oranges, but hear me out.

Founders at startups often agonize over retirement plans for employees. Not everyone can get stock options. But we know that 401(k) accounts and medical benefits can make the difference between keeping…

D.C.-based Max Points LLC is like a financial planner for points and miles. Now it's eyeing companies' HR departments as corporate partners — to become an employee benefit.

Memphis and Nashville banks account for a huge chunk of the $147 billion in bank deposits in Tennessee.

But, Nashville held a sizable lead in bank deposits as of June 2017, with $57 billion — almost 40 percent of Tennessee’s total — at its local banking institutions. Comparatively, Memphis banks hold $29 billion in deposits, or 20 percent of the state’s total.

To find and compare which areas have the most bank branches and deposits, Memphis Business Journal gathered FDIC data on each ZIP…

Financial services giant JPMorgan Chase today made a $3 million donation to improve workforce development in Dallas County.

The corporate partnership with Dallas County Promise and the Commit Partnership is the first of its kind in North Texas. It aims to provide students with skills for careers in the growing health care and IT sectors through tuition-free community college education.

Anne Motsenbocker, managing director of Middle Market Banking South for JPMorgan Chase (NYSE: JPM), said she has…

She allegedly spent the stolen money on building and masonry services, furniture and other home furnishings, vacation travel, resort accommodations, cruises, and a variety of other personal items.

Consolidation in Atlanta's banking industry continues with another big merger announced Sunday.

Atlanta-based State Bank Financial Corp. (Nasdaq: STBZ) and Houston's Cadence Bancorporation (NYSE: CADE) said May 13 they are merging in a $1.4 billion deal, creating a combined organization with $16 billion in assets, $12 billion in loans, $13 billion in deposits and approximately 100 branches serving Texas, Georgia, Florida, Alabama, Tennessee and Mississippi.

The merger is the latest big deal involving…

UPS was allegedly on the receiving end of a scam by an ex-employee.

The Chicago Tribune reports that Dushaun Henderson-Spruce has been charged with rerouting about 3,000 pieces of mail meant for the company’s Atlanta headquarters to his small apartment on the Northside of Chicago.

Henderson-Spruce, a former UPS package handler in Hodgkins, Ill., allegedly submitted a U.S. Postal Service change of address form last October, requesting to change a corporation's Atlanta mailing address to his apartment.…

A report from the Investment and Wealth Institute shows that women and millennials tend to consider the social impact of investing more often than other groups do. Investment strategist Jackie VanderBrug shares her thoughts on these trends.

Wells Fargo & Co. executives told analysts at the embattled bank’s investor day presentation that the Federal Reserve-imposed cap on assets will remain in place longer than expected. But investors don’t seem spooked.

When the enforcement action was implemented due to what the Fed called “widespread consumer abuses,” Wells Fargo said reviews of its plans to meet the regulator’s requests would be completed in October. But CEO Tim Sloan told analysts Thursday that the bank needed more time…

For the first time in five years, employment in the Pittsburgh region began trending upward in 2017, according to a recently released report by the Federal Reserve Bank of Cleveland.

During the first nine months of 2017, employment in the metro area grew by 1.6 percent on an annualized basis, better than the 1.4 percent growth in Pennsylvania or 1.2 percent growth in the U.S. And seven of the region’s 10 major employment sectors showed upward momentum.

The data was examined by Mekael Teshome,…