Mortgage Blog
With wildfire costs rising, insurers want to rewrite California’s rate-setting regulations
Insurers say they need to use proprietary models to better price in wildfire risk. Consumer groups are balking at the idea.
What the rise of AI in health care means for industry’s future
Artificial intelligence is rapidly gaining steam across the health care industry, bringing with it new risk-reward scenarios.
Power 10: Bradley S. Chambers, MedStar Health
Brad Chambers joined Helix Health in 1995, which began his rise in the MedStar ranks.
St. Louis health system hires to fill C-suite post
The Chesterfield-based, two-hospital health system has hired an executive with over 15 years of experience in health care to fill a C-suite post.
Power 10: Christine Aspell, KPMG
Christine Aspell was recently elected to chair the 2023-24 board of directors of the Maryland Association of CPAs with an agenda that focuses on talent pipeline concerns.
Power 10: Bill Wiedel, CFG Bank
Bill Wiedel joined CFG Bank in 2012 as the CFO, was named president and CEO in 2018 and joined the bank’s board in 2020.
Huntington invests $4.8M in Tampa healthcare startup
The investment from Huntington, one of the 20 largest banks in the U.S., follows a major expansion of the bank’s healthcare practice over the last decade.
Twin Cities housing market update: Influx of new construction and growing demand for home renovations
Continued changes in the Twin Cities housing market are altering the way homeowners and investors approach purchases and renovations.
Homebuyers flooded the market in 2021, attracted by record-low interest rates and armed with increased savings after reducing their spending throughout the pandemic. The market looks drastically different today. Mortgage rates have climbed above 7% for the average 30-year, fixed-rate loan, and inflation has taken a bite out of savings.
Consequently, the market today…
Cost of deposits soaring at North Carolina community banks. Here’s what that means for loans
Banks are paying more for each deposit dollar in order to keep customers. But that means higher interest rates on loans to make up the difference.
How St. Pete became home to one of the nation’s largest SBA lenders
Bayfirst has become one of the nation’s largest Small Business Administration lenders.