Mortgage Blog

Much of the new optimism could be attributed to the Tax Cuts and Jobs Act signed into law by President Donald Trump on Dec. 22, which reduced the corporate tax rate from 35 percent to 21 percent. With more money in their pockets, small business owners plan to grow their businesses but they still have some concerns about the future.

Houston-based private equity firm ZT Corp. Inc., formerly ZT Wealth, has exited its first health care company after the firm generated a nearly 10-times return.

ZT Corp. sold Altus Infusion, a specialty healthcare services company, to a firm with a $2 billion-plus fund in the Northeastern U.S., said Taseer Badar, ZT’s chairman and CEO. Badar declined to reveal the acquirer because the firm is attempting to buy similar companies.

Details about the transaction were not disclosed.

“It's a really…

He’s not your typical wealth manager.

Louisville-based ARGI Financial Group is expanding to Lexington with a new office.

The company, which provides personal and business financial advising, has hired CPA Crissy Fiscus, who will lead the Lexington operation, located on Pasadena Drive. Fiscus, a University of Kentucky graduate, has more than 20 years of accounting and business services experience. The Lexington team will focus on providing business owner clients with a suite of services including analytics, business plan development,…

A local insurance executive is the new chairman of the board that oversees Big I New York, the state's insurance trade group.

Louis Atti, vice president of The Evans Agency LLC in Angola, was elected board chair May 10 during the Big I New York's annual business meeting, which took place at The Westin in downtown Buffalo. Atti is past president of the Independent Insurance Agents Association of Western New York and former mayor and trustee of the Village of Angola.

A member of the board since…

After combining consumer lending and community banking around the first of the year, Wells Fargo & Co. executive Mary Mack is pushing forward with a new outlook as the bank attempts to leave its scandals in the rearview mirror.

Millennials are schooled in saving but not investing, according to the Millennials & Investing Survey, recentlly released by PNC Investments LLC, part of Pittsburgh-based PNC Financial Services Group Inc. (NYSE:PNC).

Almost two-thirds of millennials said that their parents always encouraged them to save money while they were children. But just half said their family modeled good money management, and even fewer disclosed that their parents showed them ways to grow wealth beyond having a job. More…

The recent $2.2 billion buy of Charlotte-based Capital Bank Financial Corporation has turned First Tennessee into a $40 billion bank – girth that Bryan Jordan, CEO of the parent company, says will mean growth in Raleigh.

Millennials are schooled in saving but not investing, according to the Millennials & Investing Survey, recently released by PNC Investments LLC, part of Pittsburgh-based PNC Financial Services Group Inc. (NYSE:PNC).

Almost two-thirds of millennials said that their parents always encouraged them to save money while they were children. But just half said their family modeled good money management, and even fewer disclosed that their parents showed them ways to grow wealth beyond having a job. More…

William Demchak, chairman, president and CEO of Pittsburgh-based PNC Financial Services Group Inc., will receive the Lawyers’ Committee for Civil Rights Under Law’s 2018 A. Leon Higginbotham Corporate Leadership Award for exemplary corporate leadership in promoting diversity and equal opportunity in the workplace.

Mike Tomlin, head coach of the Pittsburgh Steelers, will present the award at a black tie gala to be held May 23 at Cipriani 42nd Street in New York.

One of the largest gala events…