New rule could force banks to lend to oil companies

New rule could force banks to lend to oil companies

Banks could only refuse to lend to companies with a “documented failure” of meeting previously established lending standards. Last week, the Office
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Paycheck Protection Program loan portal opens to larger lenders soon: Here's the latest

On January 19, the federal loan program to help small businesses hurt by the impact of COVID-19 will open to all eligible lenders. Paycheck Protection
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Paycheck Protection Program to re-open to all lenders on Tuesday

The SBA stated that the PPP loan portal will officially be open to small, eligible lenders; who have $1 billion or less in assets for First and Second Draw
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OCC Issues Rule Forcing Oil, Gun Lending as Acting Chief Exits

OCC Issues Rule Forcing Oil, Gun Lending as Acting Chief Exits

Wall Street lenders will face new orders barring them from refusing to work with businesses solely because of perceived reputational risk under a final
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SBA reopening PPP to lenders Friday

The U.S. Small Business Administration plans to reopen the Paycheck Protection Program to small lenders on Friday and to all lenders next Tuesday.
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Is Nuveen International Growth A (NBQAX) a Strong Mutual Fund Pick Right Now?

Any investors hoping to find a Non US – Equity fund could think about starting with Nuveen International Growth A (NBQAX). NBQAX bears a Zacks
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Why AeroVironment Stock Soared 27% This Morning

… prize, and receive in exchange a subsidiary with strong ties to the U.S. Special Forces and U.S. Army markets, as well as international customers.
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Who Qualifies for a Second Round of Small-Business Relief?

More groups are now eligible because of the recent stimulus bill, including nonprofit housing cooperatives, newspapers, broadcasters and local
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Samsung unveils its new high-end 5G Android phones in answer to iPhone 12

Samsung remains the world's largest phone maker with 22.7% of the market, according to the latest figures from IDC. A large portion of its sales comes
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Ukraine-China trade grows by $3 billion despite pandemic

Although the overall volume of Ukraine's international trade has decreased during the pandemic, with some trade partners, relations have only
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Platform brings back selection of high LTV mortgages

Platform has relaunched its mainstream mortgage ranges for new business and product switching, including deals up to 90 per cent loan to value
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Powell signals Fed will keep aiding economy with bond buying

“When that happens — and we can see that clearly — we'll let the world know,” Powell said. “We will communicate very clearly to the public and we'll
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After a tough year, Renault unveils plan to survive in a diminished auto market.

At Home · Automobiles · Games · Education · Food · Health · Jobs · Love · Magazine · Parenting · Real Estate · Recipes · Style · T Magazine · Travel.
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Terwin Mortgage Trust, Series TMTS 2003-4HE — Moody's downgrades $173 Million of US RMBS …

New York, January 15, 2021 — Moody's Investors Service, (“Moody's”) has downgraded the ratings of 27 bonds from 11 US residential mortgage
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CFPB Accuses Mortgage Co. Of Lending, Consumer Violations

The company ceased operations in November 2019, but from 2015 until August 2019, unlicensed 1st Alliance employees illegally originated mortgages
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Cavs vs. Knicks: Live updates from Friday night's game at Rocket Mortgage FieldHouse

… their last game before having four off days as they take on the New York Knicks tonight at Rocket Mortgage FieldHouse. Tipoff is set for 7:30 p.m..
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Home Lending Pal to add jobs and launch app after closing investment round

The money will help the four-year-old business grow its team, update its AI-based mortgage advising platform and launch a mobile app, Young said.
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Real estate news: Doggy daycare, swim school, winery coming to Rancho Mission Viejo

The new leases bring the property to more than 50% occupancy, according to Sam Olmstead at Voit Real Estate Services. Previous.
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Real estate stocks hold gains even as market doesn't

Real estate stocks ended the week in positive territory while the broader market gave up its gains after President-elect Joe Biden rolled out a $1.9
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Real Estate Offers Opportunities for Private Market Investors in 2021

Despite a challenging 2020 for real estate assets due to the COVID-19 pandemic, private markets investors should consider allocating the asset class
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Real Property Law Continues To Be Impacted by the Pandemic

The continuing legal education programs presented by the Real Property Law Section during the 2021 Annual Meeting of the New York State Bar
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How Cincinnati's largest PPP lenders are handling round 2

How Cincinnati's largest PPP lenders are handling round 2

It shouldn't be hard for Greater Cincinnati small-business owners to find lenders when the second round of Paycheck Protection Program loans to
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Ncontracts Acquires QuestSoft Corporation

Together, Ncontracts and QuestSoft will help financial institutions and mortgage companies not only meet the increasing needs and complexities of
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Oaktree provides unconditional, implementable plan for DHFL resolution

In November, 2019, the Reserve Bank referred Dewan Housing Finance Limited (DHFL), the third-largest pure-play mortgage lender, to the National
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Colposcopy Market To Witness Relatively Significant Growth During Forecast to 2027

Reasons for Buying Colposcopy Market Report … The market factors impacting the global sector also include provincial trade policies, international
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The Paycheck Protection Program is back. See which NM lenders are participating.

Multiple lending institutions told Business First they expect strong demand from second draw lenders in this round. The PPP distributed roughly $522
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Silicon Valley's share of venture capital expected to drop below 20% for the first time this year

… of equity capital for their home-grown innovators, according to PitchBook. … Now market observers are waiting to see if more follow-on financing in
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The Ether Fund Offers Trading in Canadian Dollars

If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Fund and may
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Clarksville-based F&M Bank enters Nashville market

F&M already has a mortgage loan office in Nashville. It will be the bank's 19th full-service facility in middle Tennessee. “Davidson County is a natural
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Why a Hartlepool lottery winner who gave away half her £115m fortune is hoping to lose more …

A lottery winner who has given away around half her £115m fortune is now hoping to lose yet more pounds as part of a new campaign to help others. By
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Computer engineer says his £230m Bitcoin fortune is sitting at bottom of landfill site after he threw …

A computer engineer has said his £230million Bitcoin fortune is sitting at the bottom of a landfill site after he threw away the hard drive by mistake.
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Surface Pro 7+ for Business: Here's what makes it different

With a tablet form factor and USB-C, there are few worries about buying accessories that need to be interchangeable, or whether components will be
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PPP Reopens Tomorrow to Most Lenders

The Paycheck Protection Program loan portal will open to lenders with $1 billion in assets or less at 9 a.m. tomorrow, with the remaining lenders
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AIB plans 'ethical' sale of up to 650 distressed mortgages

The portfolio of non-performing, owner-occupier mortgages dubbed Project Iris had an original value of €150 million. The loans will be sold as a single
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Bank lending growth remains at near zero

“Bank lending growth waned during the month as the Covid-19 crisis continued to dampen consumer spending and business activity,” the BSP said.
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11th Circ. Revives $248M Veterans Mortgage Fraud Suit

Law360 (January 15, 2021, 10:31 PM EST) — The Eleventh Circuit revived a whistleblower case on Friday against a defunct Florida mortgage lender
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Sen. Tammy Duckworth on watching rioters wave the American flag while attacking the Capitol

In her Fortune column “Smarter Working,” S. Mitra Kalita writes about the future of work. In this edition, Kalita offers seven ways to improve as a mentor,
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Exclusive: Developer secures $92 million construction loan for condos in Westshore Marina District

BTI Partners, based in Fort Lauderdale, secured the loan from Bank OZK on Dec. 23, according to mortgage documents filed in Hillsborough County on
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Sports Optics Market 2020-2027 | Nikon, ZEISS International, US OPTICS, LEUPOLD & STEVENS …

However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed
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Mortgage and real estate news this week: Rent relief, house hacking and more

1. What renters should expect from the Biden administration · 2. How to become a house hacker · 3. Is a 15-year mortgage right for you? · 4. Housing
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Dentures Market Overview And Geographical Forecast Till 2026 | Fortune Business Insights

As per a recently published report by Fortune Business Insights™ titled, “Dentures Market Size, Share & Industry Analysis, By Type (Complete and
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United Wholesale Mortgage Prepares to Go Public Via SPAC

United Wholesale Mortgage Prepares to Go Public Via SPAC

United Wholesale Mortgage Prepares to Go Public Via SPAC. Bloomberg Markets · Balance of Power. January 15th, 2021, 10:10 AM PST. United
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Fitch Rates CoServ Electric, TX's First Mortgage Notes, Series 2021 'AA-'; Outlook Stable

The first mortgage notes will be privately placed on Feb. 1, 2021 in accordance with a master note purchase agreement Coserv executed in December
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It's time to make work-from-home regulations permanent

Many states and regulatory jurisdictions restrict, and in some cases unilaterally prohibit, mortgage workers from conducting their activities outside of the
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6 ways furlough could affect your chances of securing a mortgage in the future

If you've already taken out a mortgage and it's coming to the end of its fixed term, you should be able to stay with the same lender and switch mortgages
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Best Mortgage Protection Insurance Companies

If you're looking to protect your mortgage (and your loved ones) with life insurance, Haven Life is our overall top pick for term policies that fit the bill. This
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JPMBB Commercial Mortgage Securities Trust 2015-C30 — Moody's affirms six classes of JPMBB …

… 2021 — Moody's Investors Service, (“Moody's”) has affirmed the ratings on six classes in JPMBB Commercial Mortgage Securities Trust 2015-C30,
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As home sales skyrocket and IPO looms, Diane Yu joins fintech Better.com as CTO

Image Credits: Better Mortgage / Better Mortgage. The pandemic might have wiped out whole swaths of the economy, but one area that is pulsating
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Rising to the Challenge of a Staggering Foreclosure Caseload

Mortgage Electronic Registration Systems, Inc. was an entity created to serve as the lender's nominee or mortgagee for millions of mortgages nationwide
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Fitch Ratings Updates Originator-Specific Residential Mortgage Criteria, No Rating Impact

Fitch Ratings-Milan/London-15 January 2021: Fitch Ratings has updated its “Originator-Specific Residential Mortgage Analysis Rating Criteria” with
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Vets Loan Fraud Claim Against Mortgage Investors Corp. Revived

Mortgage Investors Corp. must again face whistleblowers' False Claims Act suit alleging the company falsely certified to the VA that it only charged
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Denmark's Covid Vaccination Program Takes the Lead in EU

… it's easy to identify who belongs in which category,” Allan Randrup Thomsen, a virology professor at the University of Copenhagen, told Bloomberg.
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Winklevoss Twins Consider Taking Gemini Crypto Exchange Public

The brothers are worth about $2 billion each, according to the Bloomberg Billionaires Index. To drive new U.S. customers to the exchange, the company
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Dollar Is Evolving From a Haven Into a Must-Have Recovery Play

… Lignos, RBC Capital Markets Global Head of FX Strategy, wrote in a Jan. … The Bloomberg Dollar index is now trading at its lowest level since April
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TSMC's $28 Billion Spending Blitz Ignites a Global Chip Rally

What Bloomberg Industries Says: TSMC's $28 billion capital investment target for 2021 is 50% more than investors expected, and amounts to
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Barclays Stick to Their Buy Rating for Fidelity National Financial

The company's market cap is $11.63 billion. … Fidelity National Financial, Inc. is engaged in the provision of title insurance and transaction services to
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Will US, China compete for pig iron in '21?

Buyers in the US – the largest global pig iron importer – had been hoping … disappearing “as soon as pig iron price soared,” one large international
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Is Bitcoin Boom a 'Better Gold' or Just Another Bubble?

Bloomberg's macro strategist Mark Cudmore explains how the cult of Bitcoin contributes to its volatility. A beginner's guide to buying Bitcoin. A QuickTake
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Wide racial gap exists between worth of homes in STL

… larger in the St. Louis housing market than in most other metropolitan areas. … with a 43% difference, have larger gaps in home worth, Zillow says.
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The US Needs More Covid Testing, and Minnesota Has Found a Way

Saliva samples from across Minnesota are processed at the Infinity BiologiX facility in Oakdale. Photographer: Ackerman + Gruber for Bloomberg
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Is AppleCare+ worth it for Apple Watch?

As well as the three years coverage that you can get by buying AppleCare+ for these two Watches, there is another difference. Whether or not you buy
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Bank earnings to outline optimism for economic recovery in 2021

Bank earnings to outline optimism for economic recovery in 2021

Deutsche Bank Research's Matt O'Connor wrote Jan. 7 that the banks could see another 10% to 15% relative move higher if the recovery can prove that
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Acra Lending Unveils Jumbo Prime Lending Program

Acra Lending launched its Jumbo Prime mortgage solution, which is designed as an extension to their suite of programs … Want more Non-QM news?
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Scotch Plains-Fanwood Real Estate Market Is Still Hot — Even in the Winter

Lamastra said it was the perfect storm for real estate: housing prices went up because of great demand and relatively little supply, while interest rates
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New Jobless Claims Up Slightly in NC as the Numbers Jump Nationally

Employment has recovered some since the state reopened, but the spiking numbers show the pandemic is still hurting the labor market. Since the
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Final numbers in: Housing market in RI climbs by double digits in 2020

The market saw stunning lows and record highs, according to figures from the Rhode Island Association of Realtors. This house in the left foreground, on
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CANADA FX DEBT-Canadian dollar drops, posts weekly decline on greenback short-covering

Canadian home sales rose 7.2% in December from November, setting a new record, the Canadian Real Estate Association said. The housing market
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Charlotte housing market ends 2020 with higher sales, price increases and depleted inventory

The Charlotte housing market ended 2020 on a strong note, shaking off the impact felt earlier in the year when the Covid-19 pandemic first hit. Canopy
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Calgary housing market remains stable with expected rise in new year: Royal LePage

CALGARY — The Calgary housing market is expected to be brisk in the new year as inventory levels hit their lowest point in nearly two decades,
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Frenzy of Buying Caps Record Year for Canadian Housing Market

The Canadian housing market capped off a record 2020 with a frenzied final month amid a rush to take advantage of low mortgage rates and buy
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Homes in short supply across all of Colorado in December

Metro Denver wasn't the only housing market in Colorado that saw the cupboards … Supply shortages helped push the median price of a home sold to
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Freddie Mac Selling prices $796 million Multifamily K-Deal, K-1519

MCLEAN, Va., Jan. 14, 2021 (Globe NEWSWIRE) — Freddie Mac (OTCQB: FMCC) just lately priced a new offering of Structured Go-Via Certificates (K
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First Community Mortgage Acquires A Mortgage Boutique

First Community Mortgage (FCM), a wholly owned subsidiary of First Community Bank of Tennessee, has announced its acquisition of A Mortgage
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MetLife launches 'straightforward' mortgage protection in face of pandemic

MetLife has launched a “straightforward” income protection policy that covers mortgage repayments if the policyholder is unable to work due to
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'You can keep him!' – Mzansi reacts to angry 'South African' who stormed US Capitol

A video of a protester claiming to be from SA during the storming of the US Capitol last week has gone viral, sparking fierce debate on social media.
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Galaxy S21, S21 Plus, S21 Ultra arrive Jan. 29 with new design, $200 price cut

We need our phones to do all this for us. With a Galaxy S21, you get photos and videos with the simplicity of point and shoot.” When it comes to video,
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CDPR Apologizes for Cyberpunk 2077 Launch, but Explains Very Little

Late on Wednesday, CD Projekt Red co-founder Marcin Iwinski posted a video in which he apologized for Cyberpunk 2077's abysmal console launch.
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Rent-stabilized tenants owe landlords more than $1B

According to a new survey from the Community Housing Improvement … 1 million market-rate rentals would likely put tenants' rent debt at $2 billion.
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Cop bust using official police van to offload booze during lockdown

In the video, men are seen taking significant quantities of liquor from the back of a stationary police vehicle and into a property. Under current level 3
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'Things were looking optimistic and then just fell off a cliff': How the latest outbreak hurt business

Jack Ma is 'safe and sound': Primavera chairman. Play video. Mandatory masks was an example of strategies that could help give businesses more
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People movers: Cherry Creek Mortgage, Knock, Radian, Atlas Title

HousingWire's people mover section covers the latest hiring announcements in the real estate and mortgage industry. Kicking off this week's
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