Treasurer's office works hard to reduce foreclosures
Other Voices - Eric Sabree - We are doing everything we can to reduce foreclosures, help people get into payment plans and obtain the financial aid and advice they need to be productive homeowners in...
View ArticleUnited Shore to move headquarters from Troy to Pontiac
Dustin Walsh - The nation's largest wholesale mortgage lender buys the former Hewlett Packard building for $40 million and plans $40 million in renovations to add space for more than 2,000 employees in...
View ArticleUnited Shore to move headquarters from Troy to Pontiac
Dustin Walsh - The nation's largest wholesale mortgage lender buys the former Hewlett Packard building for $40 million and plans $40 million in renovations to add space for more than 2,000 employees in...
View ArticlePair of HQs in Pontiac a big boost for city
Kirk Pinho - The moves for Commerce Township-based Williams International and Troy-based United Shore Financial Services represent a shifting and diversified economy for Pontiac and will bring...
View ArticleThe individual deal
Tom Henderson - During the recession Strength Capital LLC decided to try to fund acquisitions on a deal-by-deal basis, and though the economy has recovered, it's continuing to do deals that way.
View ArticleWhat keeps you up at night?
Ron Fournier - In and effort to learn what makes CEOs and their companies tick, Ron Fournier posed this question to Mat Ishbia, president and CEO of mortgage wholesale giant United Shore, hours after...
View ArticleNorth American Bancard closes on Total Merchant Services deal
Tyler Clifford - The acquisition makes the Troy-based company the seventh largest payment processor on the continent, in terms of merchant locations, with $50 billion in annual processing.
View ArticlePew: Michigan among 11 states with signs of structural deficit in past decade
Lindsay VanHulle - The state's revenue picture has been positive since the 2011 fiscal year, according to new data analysis through the "Fiscal 50" project, which tracks states' financial health via...
View ArticleReport: DMC charged interest for not paying $80 million escrow on capital...
Jay Greene - Despite some concerns, the Detroit Medical Center is essentially in compliance on the required $850 million in total capital spending under a 2010 sale agreement, according to Legacy DMC.
View ArticleTalent is family matter for this CEO
Ron Fournier - Alan Jay Kaufman bought out his father's company, took it private and turned it into one of Michigan's most prestigious financial companies. Now he's thinking about what's next for the...
View ArticleUnited Shore to move headquarters from Troy to Pontiac
Dustin Walsh - The nation's largest wholesale mortgage lender buys the former Hewlett Packard building for $40 million and plans $40 million in renovations to add space for more than 2,000 employees in...
View ArticlePair of HQs in Pontiac a big boost for city
Kirk Pinho - The moves for Commerce Township-based Williams International and Troy-based United Shore Financial Services represent a shifting and diversified economy for Pontiac and will bring...
View ArticleMissed opportunity for downtown Pontiac
Kirk Pinho - Mortgage lender United Shore was once "very close" to buying a two-building, 425,000-square-foot office complex in the Oakland County city. The deal could have had a catalytic effect on...
View ArticleLear Q2 net rises 10% to $312 million
Katie BudaAutomotive News - The seating and electronics supplier reported net income in the three months ended July 1 of $311.9 million.
View ArticleBorgWarner Q2 net income up 29 percent
Katie Buda Automotive News - The company upped its forecast for full-year sales -- from a 6.5 percent increase to 7.5 percent -- despite industry signals for a "modest" softening in North American...
View ArticleAlly Financial chased margin, not volume, in Q2
Jim HenryAutomotive News - Ally blames lower originations, other factors for its second quarter hit as the lender continued its strategy to pass up volume in favor of higher margins.
View ArticleSowerby to join Ancora Advisers, build firm's Michigan expansion
Dustin Walsh - David Sowerby, 56, will serve as a managing director and portfolio manager at Ancora's Bloomfield Hills office.
View ArticleMcManus, Dansby depart Gilbert's Rock Ventures in shakeup
Kirk Pinho - The leadership shakeup also includes three new hires for the company.
View ArticleHuron Capital buys share of N. Carolina company
Tom Henderson - The purchase of a minority interest in cable seller Stay Online signals a new strategy for the Detroit investment firm.
View ArticleFifth Third Bank offers banking on a bus in Detroit
Kurt Nagl - Retrofitted as a mobile classroom, the bus will make 11 stops in the city as part of a campaign to reach underserved areas.
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