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Mortgage Blog


A Frisco startup that looks at a student's academics as well as their credit history to make more loans available for their education gets a round of seed funding; another startup aiming to become the “Uber of manufacturing” has raised $1.7 million; and TPG raises the equity for its Exactech deal.

Bitcoin prices dipped after news broke that the U.S. Securities and Exchange Commission issued “scores of subpoenas” to cryptocurrency-related tech companies — namely those taking part in initial coin offerings (ICO).

The bitcoin token traded at $10,811 each, down 3 percent from $11,165 just 12 hours earlier.

Unlike public stock offerings, ICOs are not heavily regulated. Still, many companies — including Siglo, which announced its “ICO” just last week — are using it as a fundraising tool.…

Wells Fargo said Thursday that four directors, including San Francisco Bay Area business leaders Dignity Health CEO Lloyd Dean and former Sybase CEO John Chen, will step down from the company’s board at this year’s annual meeting in April.

Also leaving the board will be Enrique Hernandez Jr., chairman and CEO of Inter-Con Security Systems (based in Pasadena, Calif.), and Federico Pena, former U.S. energy secretary and former transportation secretary. Pena was scheduled to retire from the board…

The top executive at Roper Technologies Inc. ranks No. 82 on a new list of the 100 “most overpaid” CEOs among the 500 companies in the S&P 500 Index.

It’s the third year that Brian Jellison, chairman, president and CEO of Roper (NYSE: ROP), a Sarasota software and engineered products firm, has shown up on the list, compiled by As You Sow, a nonprofit that tracks corporate responsibility.

Advocates of high CEO pay say it is a reward for high shareholder returns.

But the average annual total…

Families shuffled their spending around one of the costliest disasters in U.S. history.

Deals announced in calendar year 2017, involving a Minnesota-based buyer or seller and a 50 percent or more interest in the target company, are eligible for this list. Lapsed or withdrawn bids are excluded. Deals are ranked based on enterprise value, defined as sum of cash, stock and assumption of liabilities on hand. Transaction dollars are rounded to the nearest million. Information was gathered throughout calendar year 2017; primary research was conducted in January and February 2018. Sources the Business Journal used to compile this list include press reports; company news releases; Securities and Exchange Commission filings; custom reports from Bloomberg, FactSet M&A, Dealogic’ S&P Capital IQ and SNL.

Thank you to the attendees of the 16th annual Atlanta ACG Capital Connection Conference, the premier sourcing, networking and educational event for dealmakers in the Southeast U.S. The ACG Capital Connection planning committee worked since last August to assemble the components to bring this two-day conference to the merger and acquisition community. The Committee enjoyed presenting the opportunity for conference participants and sponsors to both fill their pipelines and to sharpen their expertise…

Don’t expect tax reform or the stock market’s gains to reverse the recent slowdown in merger and acquisition activity. The reason: The prices just ain’t right.

The Weinstein Co.’s woes are growing more costly.

American Express filed a lawsuit against the film production company on Wednesday, alleging it is owed more than a million dollars.

The Weinstein Co. has not paid the $1.4 million balance on its account, per the lawsuit filed in New York and obtained by Variety. New York-based American Express (NYSE: AXP) suspended the troubled company’s privileges and, in addition to the unpaid balance, is seeking court costs and an award for unjust enrichment.

“American…

List of Private equity firms in Greater Philadelphia ranked by capital under management as of December 17, 2017.