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KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2025-1 (VERUS 2024-1)

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2025-1 (VERUS 2025-1), a $553.2 million non-prime RMBS transaction. The underlying collateral, comprised of 1,178 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 743 and exhibit moderate equity in ea

Media Advisory: FHLB Dallas, Origin Bank and Century Next Bank Award $60K in Grants to Zion Traveler Community Development Inc.

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
RUSTON, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Origin Bank and Century Next Bank will award a $60,000 grant to Zion Traveler Community Development Inc. Under the Partnership Grant Program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonpr

CoreLogic: Northeastern, New England States Continue to Lead US for Annual Home Price Growth in November

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
IRVINE, Calif.--(BUSINESS WIRE)-- #HPI--CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2024. U.S. home price gains remained static since the summer of 2022 in November, but 17 states reached new highs, with the nation as a whole expected to see a new peak this April, as the typically busy homebuying season launches into full swing. The growth comes as Freddie Mac annou

Grove Secures $4.9 Million to Transform Clinical Trials with Agentic AI

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
SAN FRANCISCO--(BUSINESS WIRE)--Grove AI, a next-generation clinical trial management and intelligence company, today announced a $4.9 million seed fundraise led by A*, with participation from Afore Capital, LifeX Ventures, Pear VC, Upfront Ventures, and industry-leading angels. This investment will allow Grove to continue scaling its team and product to redefine clinical trials from siloed operations into participant-centered ecosystems driven by real-time data. Despite their vital role in adv

Eastman Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index.

Humana Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Law Offices of Frank R. Cruz Encourages Nextracker Inc. (NXT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Encourages Nextracker Inc. (NXT) Investors To Inquire About Securities Fraud Class Action

Law Offices of Frank R. Cruz Encourages Revance Therapeutics, Inc. (RVNC) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Encourages Revance Therapeutics, Inc. (RVNC) Investors To Inquire About Securities Fraud Class Action

KBRA Assigns Preliminary Ratings to Oportun Issuance Trust 2025-A

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Oportun Issuance Trust 2025-A (“OPTN 2025-A”), a $301.167 million consumer loan ABS transaction. OPTN 2025-A is a revolving ABS securitization collateralized by unsecured and secured consumer installment loans originated by Oportun Financial Corporation (“Oportun” or the “Company”). During the 12-month revolving period, eligible loans can be acquired into the securitization trust so long as they compl

Idaho Trust to Acquire Trust and Wealth Management Division of Bank of Idaho

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
BOISE, Idaho--(BUSINESS WIRE)--Idaho Trust Company, a leading provider of trust and wealth management services in Idaho, is pleased to announce its agreement to acquire the Trust and Wealth Management Division of Bank of Idaho. This acquisition is a strategic decision to add experienced professionals, expand Idaho Trust into eastern Idaho and provide a depth of offerings to existing and new clients. The acquisition expands Idaho Trust's footprint in the trust and wealth management space and com

Stewart Announces the Promotion of Chief Underwriting Counsel

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Wilhelmina Kightlinger has been promoted to Chief Underwriting Counsel for the Stewart Title family of companies. Kightlinger will focus on strengthening the company’s corporate underwriting capacity and growing Stewart’s footprint in underrepresented markets. “World class underwriting is a cornerstone of Stewart’s success, and the role of Chief Underwriting Counsel is crucial in fulfilling our mi

EP Wealth Advisors Expands National Presence Through Acquisition of Executive Wealth Management, LLC

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
TORRANCE, Calif.--(BUSINESS WIRE)--EP Wealth Advisors (“EP Wealth”), a leading fee-only registered investment adviser (“RIA”) with a growing national footprint, has announced the acquisition of Executive Wealth Management, LLC (“EWM”), in Michigan. This partnership establishes EP Wealth’s first offices in Michigan and strengthens the firm’s presence in the Midwest while adding approximately $1.6 billion in assets under management (AUM) and bringing EP’s total AUM to over $31 billion. The partne

Procurify Appoints Chad Gaydos as CEO

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
VANCOUVER, British Columbia--(BUSINESS WIRE)--Procurify appoints accomplished SaaS leader Chad Gaydos as CEO to propel mission and drive its next phase of growth.

Stephens Announces CEO Succession With Third Generation of Family Leadership

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens, an independent, family-owned group of financial services firms, announced today that Miles Stephens and John Stephens have been named Co-Chief Executive Officers. They succeed their father, Warren Stephens upon his retirement as President and CEO, effective January 7, 2025. Warren Stephens will retain the title of Chairman. Further, Laura Brookshire (née Stephens), has been named Senior Executive Vice President and Chair of the Executive Committee,

AuditBoard Ranked #1 in Enterprise Security Compliance in G2 Winter 2025 Grid Report

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--AuditBoard, the leading cloud-based platform transforming audit, risk, ESG, and InfoSec management, today announced it was named a leader in seven categories in the Winter 2025 Grid Reports from G2.com: IT Risk, Audit, ERM, ESG, Third-Party Risk Management, Governance, Risk & Compliance, and Security Compliance. AuditBoard was once again named a Leader in both Audit Management Software and Enterprise Risk Management Software and has now led both of these catego

AllCare Health Partners with Rentec Direct to Help Landlords Access Oregon Medicaid’s New Benefit

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
GRANTS PASS, Ore.--(BUSINESS WIRE)--AllCare Health, a physician-owned healthcare organization serving Southern Oregon for over 30 years, has partnered with Rentec Direct, a leading property management software provider, to provide a streamlined platform for landlords to access the Health Related Social Need (HRSN) benefit. This collaboration aims to make it easier for landlords to help their tenants in need of rent assistance while navigating the new Oregon Medicaid program. The HRSN benefit is

Gold Medalist Sprinter Gabby Thomas Partners with CAVA

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today announced a partnership with Olympic gold medalist sprinter and public health advocate Gabby Thomas. In contrast to typical “new year, new me” restrictions, the partnership kicks off 2025 by encouraging consumers to embrace the Mediterranean spirit of abundance with food that is flavorful and supports their well-being, with no compromises. Inspired by Gabby’s accessible, well-rounded appro

Wynnchurch Capital Exits Boss Industries

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of Boss Industries (“Boss” or the “Company”). Headquartered in LaPorte, Indiana, Boss is a leader in power take-off and engine driven air technology, offering a full line of vehicle-integrated compressors, generators, spray coating applicators, and vapor recovery systems. The Company provides unmatched quality, design, dependability, and product

Lyons & Simmons Attorneys Earn Best Lawyers Under 40 Honors

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
DALLAS--(BUSINESS WIRE)--Partner Stephen Higdon and associate Michael Fechner of the trial firm Lyons & Simmons LLP have been named among 2025’s Best Lawyers Under 40 by D Magazine based on their representation of plaintiffs in personal injury cases. It is the fifth selection to the annual listing of North Texas’ leading young lawyers for Higdon and the first for Fechner. Higdon has extensive courtroom experience handling a wide range of complex cases involving catastrophic personal injury

OnPay Raises Over $100 Million in Funding

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
ATLANTA--(BUSINESS WIRE)--OnPay, a leading provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding. The funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners. “This funding represents a transformative

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