Wells Fargo facing downgrade on community lending score
Regulators may downgrade Wells Fargo two notches under the Community Reinvestment Act, downgrading from outstanding to needs to improve. The OCC decision could curb branch openings and day to day expansion as it awaits an early next month ruling amid past account scandal and calls for stricter oversight.
MENTIONED IN THIS ARTICLE
Wells Fargo
Office of
the Comptroller of the Currency
OCC
Paulina Gonzalez
California Reinvestment Coalition
Melding art and woodworking at The Modern Gallery
The Modern Gallery and Framing Co. owner Robert Fox, a Cedar Rapids businessman and artist, bought and renamed the former Mote Brothers Frame Shop in 2003. He blends professional framing with gallery display, drawing on 20 plus years of wood working and UI photo service experience to showcase original art and keepsakes. Fox emphasizes framing to enhance the piece, using white mats to present art as the focus and aiming for frames that elevate rather than overpower. He notes a shift toward professional framers and remains committed to design, craft, and enjoyment in his work.
MENTIONED IN THIS ARTICLE
Obert Fox
Fox
Mote Brothers
Modern Gallery and Framing Co
University of Iowa
Jim Slosiarek
the Gazette
Robert Fox
Cedar Rapids
Ann Royer
Corridor area home prices rise in October amid demand
In Cedar Rapids and Iowa City prices rose modestly in October 2016 from a year earlier, with Cedar Rapids up 2.5 percent and Iowa City up 2.4 percent. Month over month, Cedar Rapids slipped 0.1 percent, Iowa City also fell 0.1 percent. National prices rose 1.1 percent month over month. CoreLogic notes high demand and low inventories. Mortgage rates rose to 4.27 percent for 30 year fixed FHA loans.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
CoreLogic
Irvine
Calif
Frank Nothart
Anand Nallathambi
U.S
Boston
Los Angeles
Miami
Denver
Nallathambi
Federal Housing Administration
Mortgage Bankers Association
Starbucks unveils five year plan to open 12000 stores worldwide
Starbucks details a five year growth plan through 2021 to expand global stores and accelerate profits. The plan includes high end Reserve Roastery and Tasting Room expansions in Europe and Asia, new voice aided ordering, and 7,400 Reserve coffee bars inside existing stores.
MENTIONED IN THIS ARTICLE
Starbucks
Europe
Seattle
Shanghai
Tokyo
New York City
Reuters
Kevin Johnson
Manhattan
N.Y
Also Mentioned on This Page
Rebecca Groff
the Modern Gallery and Framing Co
Robert
Third Ave
The
Facebook
George C. Ford
George.ford
Thegazette