Matt T. Weaver, a former president of Capital Mortgage of South Florida, has announced the formation of The Finance Group Worldwide in Boca Raton, Fla., as a specialist in mortgages and other lending for shopping centers, restaurants, and multi-unit buildings.Mr. Weaver, who will be the president of the new company, is partnering with Athan "Tom" Prakas, president/broker of The Prakas Group Inc. restaurant and commercial brokerage firm. The Finance Group will provide commercial and Small Business Administration loans, equity financing, and noncollateralized restaurant financing. It can be found on the Web at http://www.financegroupworldwide.com.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
3h ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
3h ago -
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18









