Mortgage banking income will likely remain stable from the third quarter’s level. However, the total noninterest income will still be lower this year due to the absence of nonrecurring items. The ...

There is a problem that will sometimes plague the shareholders of an S corp that is going through challenging financial times. Whether because of a downturn in the general economy or in its industry, ...

The Convertible Loan Agreement amends and restates, effective as of November 1, 2024, the terms of a series of loans that Kings Chapel has previously provided to the Corporation for the purposes of ...

Two recent Tax Court cases are reminders that shareholder guarantees of loans to an S corporation do not generally create basis that can be used by the shareholder to deduct losses. Under Internal ...

SAN ANTONIO--(BUSINESS WIRE)--SWBC Mortgage Corporation is excited to announce that six of its originators achieved national rankings across several key mortgage criteria by the Scotsman Guide. The ...

The NFS Term Note will mature on May 23, 2028 three years from the date of issue (the "NFS Note Maturity Date"), and bear interest at a rate of 15% per annum ("NFS Note Interest") accruing on the ...

CEBU-BASED Vivant Corp. has obtained a P3-billion three-year term loan from China Banking Corp. (Chinabank) to refinance ...