Mortgage Blog
Letter to the Editor: Pitt should reconsider closure of CMRO
“The pandemic public health emergency may, as per the U.S. Centers for Disease Control and Prevention, be over, but it’s far from being eradicated.”
Forbes names First Horizon best in state
See what the bank's leader had to say about the honor.
How to prepare for upcoming sunset changes to gift and estate exemptions
In 2017, the U.S. Congress passed the Tax Cuts and Jobs Act, which afforded generous provisions on gift and estate tax breaks. The act almost doubled the amount individuals and couples could pass along without incurring taxes. Presently, in 2023, individuals can pass along $12.92 million estate tax-free and couples can pass on double that, or $25.84 million. In addition to the lifetime exclusion, individuals may make annual exclusion gifts of $17,000 per donee (or $34,000 per couple if they elect…
Local Bank of America wealth managers defect to upstart boutique firm, set up D.C. office
The year-old Fidelis Capital was founded by former private bankers at Bank of America and Wells Fargo.
Florida budget in ‘good shape,’ but surpluses will dip
General revenue plays a critical role in funding programs such as education, health care and prisons.
Need for a ‘more profitable bank’ linked to firing of local CEO
Kevin King, who succeeded fired Saint Louis Bank CEO Travis Liebig, said the bank’s return on assets, return on equity and efficiency ratios are below peer banks of similar size.
Washington University to adopt ‘no-loan’ financial aid policy in 2024
Washington University in St. Louis will adopt a new financial aid policy next fall that aims to increase the affordability of an undergraduate degree from the school.
Under the “no-loan” policy, federal loans for undergraduate students will be removed from all financial aid packages and replaced with scholarships and university grants, according to a news release from the university. The move will help ensure all students can earn a degree from the school without acquiring thousands of dollars in…
CRISPR Therapeutics’ co-founder to step down
The first CEO of CRISPR Therapeutics AG is leaving the company he co-founded 10 years ago.
Health care company to reopen location that closed during pandemic
The firm is also working to finalize deals to open centers in two other cities.
Lifespan CFO: ‘If you’re going to be an academic organization, you have to do research.’
Peter Markell said Rhode Island's largest hospital group is on the path to financial stability.