Mortgage Blog

Local bankers say the Fed's latest rate hike signals confidence in the financial market.

“We were lucky. I can’t say it was brilliant insight,” Jumpstart Capital Managing General Partner Vic Gatto said.

No monster is hiding under the bed for the overall banking industry, UMB's Mariner Kemper said, and he would welcome action from banking regulators that ensures faith is restored quickly, especially in midsize banks.

The Chicago startup's co-founders describe their product as “a perfect mashup between tampons and cups.”

Bank OZK has brought on a Charlotte-based executive with more than two decades of industry experience to lead its fiduciary services team.

More than a decade, a group of investors formed a small angel network in upstate South Carolina. The seeds of that organization laid the groundwork for VentureSouth, a coalition of 21 angel networks and startup organizations across the Southeast. Richmond nonproft incubator and startup hub StartUp Virginia became part of the network almost two years ago, and through the network, investors have placed capital into such Richmond startups as Babylon Farms, HopDrive and RoundlyX.

Richmond Inno recently…

Tim Maurer, columnist at Forbes and CNBC, is joining SignatureFD's C-suite.

Kroger Co.’s drone delivery partner has landed funding that will enable it to continue pursuing certification so it can resume and expand services to Kroger customers.

Dayton-based Drone Express has received $250,000 in funding from Atlanta-based venture capital firm Venture 53. That funding is part of a larger capital raise called a SAFE, or simple agreement for future equity, Drone Express CEO Beth Flippo told me. That money serves as a bridge to an upcoming Series A round of funding.

“It’s…

Sen. Bernie Sanders called the hearing, which was titled, “Taxpayers Paid Billions For It: So Why Would Moderna Consider Quadrupling the Price of the COVID Vaccine?”

The international senior care franchise has been operating in Jacksonville since 2017.