Mortgage Blog

Employment in the industry has grown over 25 percent during the last five years. Now firms say finding and keeping qualified staff is their top concern.

The recently enacted Tax Cuts and Jobs Act (TCJA) is one of the largest pieces of federal tax legislation since 1986. Many of the provisions in the act are not permanent and are scheduled to expire after Dec. 31, 2025.

One of the more controversial income tax topics and the one with the most potential impact, could be the new Internal Revenue Code Section 199A deduction, also referred to as the 20 percent pass-through deduction.

In an effort to keep the tax rates of pass-through businesses somewhat…

A group of 12 U.S. Senators, including Sens. Brian Schatz and Mazie Hirono, both D-Hawaii, on Wednesday sent letters to a number of major financial institutions urging them to take a stand against gun violence and improve public safety.

“There is a growing consensus in the private sector that companies can and should take action to address the problem of gun violence in our country,” the senators wrote in their letters. “Your company’s leadership to address gun violence after Parkland can…

The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), GoldmanSachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations around the country. Here are other recent stories reported by The Business Journals.

Wells Fargo & Co. is reportedly facing another investigation, adding to the list of activities to fall under the scrutiny of federal authorities in the past two…

The acquisition includes six managing directors and 11 total investment banking professionals, bringing Janney’s total to 51.

A recently acquired bank already has plans to expand.

The office is expected to open in June.

Syncapay, an investor-backed holding company that is acquiring upstart payment firms, has opened with an office in Plano.

“This opens up an entirely new type of company that would locate here. This is not someone's back-office operations. We love those, by the way. This is a global headquarters,” says Gov. Bill Haslam.

With the residential mortgage market stagnant, it makes sense that Capitol Federal Savings Bank would want to increase its business in the red-hot commercial real estate market.