Mortgage Blog
Rippling raised $500M in emergency cash in wake of SVB failure
The company had fronted $130 million of its own funds to clients locked out of SVB accounts.
PepsiCo veteran joins Primo Water’s board amidst proxy fight
The appointment follows just days after activist shareholders ignited a proxy fight to shakeup Primo's management.
Scottsdale man faces sentencing in scheme that prosecutors say bilked investors out of $20M
A Scottsdale man operated an investment scheme that federal prosecutors say defrauded victims of more than $20 million, which was then used to fund a lavish lifestyle.
David Allen Harbour pleaded guilty to one count of tax evasion on March 7, about a week after being found guilty by a federal jury on six counts of wire fraud and 11 counts of transactional money laundering.
The case involves a period between 2007 and 2021, when Harbour acted as an investment advisor to numerous people. Prosecutors…
PNC economist says region set up to weather recession with diverse economy, continued immigration
Recession still likely but North Carolina in good shape to weather it, PNC economist Stuart Hoffman says.
Which of the D.C.-area’s largest banks have the most — and fewest — uninsured deposits
We looked at the uninsured deposit levels at the 10 largest local banks. Here's what we found.
Sunlight Financial delays annual earnings report as it seeks new capital, deals amid SVB fallout
Financially troubled Sunlight Financial Holdings Inc. has delayed filing its annual financial report and says “the company now expects to experience greater than anticipated losses” for 2022 from unmarketable loans.
Reed, Whitehouse: IRS should crack down on ultra-wealthy tax cheats
Senators Jack Reed and Sheldon Whitehouse said Thursday that the IRS should use $80 billion in new federal funding to crack down on wealthy tax cheats and tax-dodging corporations — and reduce its audit rate on ordinary American households.
Viewpoint: Inequities must be addressed to bring women back to the workforce
This past Tuesday, March 14, marked Women’s Equal Pay Day, a day created with the purpose of generating conversation and awareness around the institutionalized gender pay gap. It also symbolizes how far into the year women must work to reach the amount men were paid the previous year.
According to the Department of Labor, in 2021, white women earned $.82 for every dollar earned by men, or 18% less. The disparities are even more stark for minority women. It would be a disservice to look at the…
ARPA-H names Washington, D.C. area as one of three hubs
Mayor Brandon Scott highlighted Baltimore's educational institutions in a pitch to the federal government last year to build a federal agency in Baltimore. ARPA-H chose the Washington DC area for it first hub but Baltimore could become a secondary location for the health and innovation focused federal government program.
Struggling prescription software startup explores sale
The startup behind the first-ever prescription software to be approved by the U.S. Food and Drug Administration is looking to sell itself.