Mortgage Blog

Four Chicago-area Midland Federal bank branches will not be affected by a merger.

Wells Fargo's CFO says he's personally assessing some of the bank's commercial real estate loans, property by property. “Where are the risks, are we getting ahead of it?” he asks.

One of the departing executives is the bank's president, who lost the title after the new CEO was appointed last month.

Funds will be used for establishing several programs to promote community health.

The collapse of an operating table during a Kansas City woman's gall bladder surgery — after laparoscopic instruments had been inserted — has prompted a federal product liability lawsuit.

Diana Caparro Chavez claims she suffered serious injuries and is suing the table's manufacturer, Stryker Corp., based in Kalamazoo, Michigan. After being filed in April in Wyandotte County (Kansas) District Court, the case was moved to federal court in Kansas in August.

Chavez was undergoing the surgical procedure…

The refund is in recognition of lower-than-expected health care costs incurred during 2022.

The reduction affects 30 positions.

Applications are open through Oct. 1.

Allegacy Federal Credit Union President and CEO Cathy Pace is retiring after 2024, the institution announced Tuesday.

Pace has been with Allegacy for 45 years, starting as a switchboard operator for Reynolds Carolina Federal Credit Union, Allegacy’s predecessor. It’s the longest tenure of any employee at the Winston-Salem, North Carolina-based institution.

Pace is credited with several initiatives, including a 2001 name change and branding, overseeing the launch of a well-being initiative for…

A Scottsdale pharmaceutical company just secured a licensing agreement to expand one of its products in Asia. The cash infusion comes at a time when the company is preparing to submit an application to the FDA for a new treatment it is developing for a severe skin condition.