Mortgage Blog

Home prices in the U.S. have increased more than 6 percent year over year for six months in a row, according to a new real estate report. New Mexico home prices haven't kept up, but the state's housing market has improved.

Real estate analytics firm CoreLogic (NYSE: CLGX), headquartered in California, released its Home Price Index (HPI) and HPI Forecast for January 2018, showing a 6.6 percent increase in home prices compared to the year before, as well as a projected increase of 4.8 percent by…

Which banks in the Kansas City area grew their loan portfolio the most in 2017?

Wells Fargo & Co. CEO Tim Sloan answered back to his chorus of critics as he grapples to get Colorado's largest bank back on track.

In a March 5 Bloomberg BusinessWeek cover story, Sloan said he’s eager to have a conversation with California Treasurer and gubernatorial candidate John Chiang, who last week called on Sloan to resign.

“I look forward to seeing our state treasurer and reminding him that when he was controller of the state and the state had its financial problems, the bank that…

Federal Reserve Bank of Atlanta President Raphael Bostic warned Wednesday that erecting trade barriers is unlikely to help the U.S. economy, the Wall Street Journal reported, and that the threat of these restrictions is adding uncertainty to the central bank’s interest-rate-rise outlook.

Asked if a trade war with other nations would be easy and winnable, as President Donald Trump has said, Bostic answered, “No.”

Protectionism “is often not helpful for the broader economy,” and while trade…

Mike Daley, the chief accounting officer for National Bank Holdings Corp. (NYSE: NBHC) — the Colorado-based parent of Bank Midwest — resigned effective March 23.

Daley, who was based out of the Bank Midwest offices in downtown Kansas City, joined the organization in 2011, shortly after it closed on the acquisition of Bank Midwest's traditional commercial and retail operations. Daley started out as assistant controller of the bank and was promoted to controller in 2014, a role he still holds.…

A businessman who provided financial services to professional athletes, including players in the National Football League, on Wednesday pleaded guilty to conspiracy to commit wire fraud and money laundering.

The guilty plea by Jason Jernigan comes almost a year after his business partner, Michael Rowan, was sentenced to 65 months in prison for embezzling $2.9 million from professional athletes. Rowan, of High Point, pleaded guilty to wire fraud and filing a false 2011 income tax return in 2016.

Jernigan,…

Halite Partners' announcement follows a broader trend of money managers and hedge funds opening up offices in Palm Beach County.

The duo are replacing Brian Hogan, who is moving to a leadership role in the personal-investing segment of Fidelity’s business.

Eight billionaires who live in Tampa Bay or have strong ties to the area landed on the Forbes ranking of the world’s billionaires for 2018.

They are among 51 Floridians who made this year’s list.

Edward DeBartolo Jr., the perennial leader on most lists of the richest people in the Tampa Bay area, leads the Tampa Bay delegation on the Forbes list.

See the photo gallery for DeBartolo’s net worth and rank on the Forbes list, along with those of seven others from the Bay area.

Jeff Bezos,…

The New York Stock Exchange and two affiliated exchanges owned by Atlanta-based Intercontinental Exchange Inc. (NYSE: ICE) were fined $14 million on Tuesday by the U.S. Securities and Exchange Commission for several market disruptions.

In an announcement, the SEC said it charged the NYSE, NYSE Arca and NYSE American based on five separate investigations. Two of the exchanges were charged with violating rules for business continuity and disaster recovery requirement. In one related event on July…