Lending platform Kredivo to go public via $2.5 billion SPAC merger

Lending platform Kredivo to go public via $2.5 billion SPAC merger

Lending platform Kredivo to go public via $2.5 billion SPAC merger. By Reuters Staff. 2 Min Read. (Reuters) – FinAccel on Monday agreed to go public
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Australian universities to profit from students going elsewhere

… as investors show faith in the worldwide profitability of international education – notwithstanding the multibillion-dollar losses predicted for education
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Storage woes as hot housing market creates lack of self-storage units

(KOLD News 13) -Another supply shortage, fueled not only by COVID-19, but by a hot housing market. Storage units around Southern Arizona are
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Pot Banker Wants Multiple Claims Cut From Ex-Client's Suit

Law360 (August 2, 2021, 7:51 PM EDT) — A cannabis banking firm accused by a former client of withholding funds and failing to make certain
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Is the Travel Stock Rally Over?

Marriott International MAR has beat big 3 quarters in a row. Shares have nearly retaken pre-pandemic highs but are now trading at 61x forward earnings
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Saudi Arabia based Islamic P2P Lending Marketplace Forus Capital Acquires Series A Funding

The firm's platform offers lending facilities in the SME debt market. The company revealed that it has provided more than $16 million in funding to 57
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American Bankers Association Encourages Partnerships With Crypto Firms In New Report

The report classifies crypto assets into four categories: cryptocurrencies, Stablecoins, central bank digital currencies, and non-fungible tokens.
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Blacksburg housing survey: Tech's growth a thorny issue among respondents

While recent reports say the market looks to be somewhat calming, housing prices have gone up in many places across the country this year. The
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Rethinking real estate in a red hot (and uncertain) market

The past 18 months brought ups and downs to the housing market throughout Chicago and the city's suburbs. With pandemic restrictions lifted and
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This is what you can get for $2 million in Toronto's housing market these days

If you look at the similar listings in the area there are clearly way nicer houses for equivalent listing prices – like this three-bedroom renovated home or
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Housing market still scorching in the northwest region

The regional real estate market is becoming increasingly crowded. Many people buy homes about as fast as realtors can sell them. “People say, Well,
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McIntyre's Socium acquires London mortgage broker

Between April 2020 and 2021, it said these mortgages totalled £3.1bn. Its direct-to-consumer mortgage business is paired with an employer-facing arm
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FLA: Second charge mortgage new business volumes up 195%

Second charge mortgage new business volumes grew by 195% in June 2021, according to the Finance & Leasing Association (FLA). As a result, the
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Better Helps Homebuyers Navigate Today's Tumultuous Housing Market


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The Housing Market Forecast for the Rest of 2021, According To Realtors

It's no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you're looking to buy or sell a home, you're likely
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Cadence Bank warned on fair lending, in settlement talks with DOJ

Cadence Bancorp in Houston is in settlement talks with the Justice Department over an investigation into potential violations of fair lending laws,
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Loans Arena expands team and launches new website

Mortgage and protection adviser Loans Arena has launched a new-look brand and website, as well as expanding its team. Loans Arena's refreshed
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Don Quick remembered for real estate influence, care for others

A service honoring the life of the founder of Don Quick & Associates, a real estate brokerage and property management firm, was held July 22 in Round
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Fortune 500 Financial Firm NCR to Acquire Bitcoin ATM Operator LibertyX

U.S. financial services firm NCR Corporation has announced an agreement to acquire LibertyX, a Bitcoin ATM operator launched in 2014. Public U.S.
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Peterson Wealth Advisors, LLC Buys JPMorgan International Bond Opportunities ETF, JPMorgan …

Peterson Wealth Advisors, LLC Buys JPMorgan International Bond Opportunities ETF, JPMorgan High Yield Research Enhanced ETF, SPDR Portfolio
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New England Living: Making The Most Of Your Living Space

New England Living: Making The Most Of Your Living Space

BOSTON (CBS) – Whether you're buying or selling, everyone wants to know the latest trends. From the interior to the exterior, our real estate experts
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We Need Public Banking

We need public banks — something the Public Banking Act, introduced by Reps. Alexandria Ocasio-Cortez and Rashida Tlaib, would provide. Rep.
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NY Regulator Hires Norton Rose Atty As Banking Deputy

Law360 (August 2, 2021, 7:45 PM EDT) — New York's financial services regulator has brought on a longtime bank regulatory attorney from Norton
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Netflix Countersues Alan Dershowitz Over Jeffrey Epstein Docuseries; 'Reversal Of Fortune …

Netflix and the other defendants have now become the plaintiffs against the Reversal of Fortune lawyer in countersuits of their own. Slapping down
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Australia Investment Lending for Homes declined to 0.7% in June from previous 13.3%

You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free
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Bitcoin soared over the past month—but saw unprecedented volatility

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. The good Bitcoin news: In July, the signature
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Phoenix police ID woman found dead on Camelback Mountain; off-duty officer is witness

Fortune on Monday referred to the man as a witness and identified him only as an off-duty Phoenix police officer. Law enforcement does not usually
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India's Nykaa Files to Go Public as Country's Startups Surge

Bloomberg News first reported the company's IPO plans and that the company is working with Kotak Mahindra Capital Co. and Morgan Stanley on a
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Rocket Mortgage to begin offering solar financing help

The parent company behind Rocket Mortgage announced it is entering the solar loan market. “Rocket Companies is uniquely positioned to build trust
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Banking Circle Aims For $500M Funding Round

FinTech startup Banking Circle seeks to raise approximately $500 million in a forthcoming funding round. The potential new funding would push the
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Stocks Slide as Growth Concerns Bolster Treasuries: Markets Wrap

… Spotlight Asset Group chief investment officer, said on Bloomberg Television. “The longer we have delta spread globally, the longer the supply chain
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Wary Steelmakers Give Legs to Metal's Rally as Buyers Reel

U.S. steel consumption is on pace to be about 104 million tons this year, and about 108 million tons in 2022, according to Bloomberg Intelligence analyst
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JPMorgan Faces Regulatory Requests Over Message Preservation

An office worker enters the JPMorgan Chase & Co. headquarters in New York. Photographer: Michael Nagle/Bloomberg
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IMF officially approves increased lending capacity

[NEW YORK] The board of governors of the International Monetary Fund on Monday greenlit increasing the institution's lending capacity by US$650
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Singapore's top banks are reporting earnings this week. Here's what to expect

Oversea-Chinese Banking Corp and United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings will do so on Thursday.
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Benton County finishes countywide reappraisal

The county sent out 155,750 real estate value change notifications beginning … For example, even if a home's market value has doubled since the last
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'Political‌ ‌Junkie‌' ‌‌Ken‌ ‌Rudin‌‌ / PPP Loan Lending, Churches, And Race / Cleaning Up Sacramento

CapRadio reporter Sarah Mizes-Tan also joins the show with a closer look at racial disparities in PPP lending with Sacramento-area churches, and we
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Industry Veteran Andrew Jewett Joins Anchor Loans as SVP, Enterprise Sales

Jewett brings more than 16 years of experience in fix-and-flip lending and real estate capital markets. He joins Anchor from Sundae, Inc., where he
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Michigan home prices highest since 2003

Michigan housing prices haven't let up, even as pending sales have started to creep downward. The housing supply just can't meet demand, real
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IO Loans Are a Rising Proportion of New Dutch Mortgage Lending

Fitch Ratings-London-02 August 2021: The share of interest-only (IO) loans is growing in Dutch residential mortgage lending, driven by record low
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The Pandemic Fueled A Housing Boom But Affordability, Supply Issues And Racial …

The Pandemic Fueled A Housing Boom But Affordability, Supply Issues And Racial …

What is the current state of housing markets in Texas and across the U.S.? Which economic indicators help to discern important housing-market trends?
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Thomas Story & Son Llc Buys Trupanion Inc, Palantir Technologies Inc, Qualtrics International Inc …

The impact to a portfolio due to this purchase was 0.47%. The holding were 59,250 shares as of 2021-06-30. Sold Out: International Business Machines
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Layoffs could follow multi-billion deal to merge Citizens Business Bank and Suncrest

Ontario-based Citizens Business Bank and Visalia-based Suncrest Bank announced a merger this week worth nearly $17 billion. Upon completing the
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Tyler Kraupp named to 40 Under 40 in banking industry

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), has unveiled its
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As the moratorium ends, millions of Americans face eviction

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Evictions, which have mostly been on pause during the
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Refinancing Numbers Responded Quickly to Adverse Fee Removal

… the cost of Fannie Mae and Freddie Mac (the GSEs) refinances. The Federal Housing Finance Agency (FHFA) removed the fee, originally scheduled
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Capital Square Acquires Over $565 Million of Real Estate During First Half of 2021

“The founders outlined the firm's strategies for buying, financing, managing and selling investment real estate. Now, after nine years of operations, I am
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Angelika Józefczyk SS22 collection: “Art Nouveau”

The collection is inspired by the Art Nouveau, an international style of art & architecture called “the new art” during the 1960's. This period represented
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Tips to compete in Boise's competitive homebuying market

Homebuyers in Boise face the most competitive United States housing market in decades: low mortgage rates and strong demand can mean heated
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Exclusive: Another major bank ditches overdraft fees

New York (CNN Business) Pressure continues to build over dreaded bank overdraft fees. Alliant is eliminating both overdraft and non-sufficient fund
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United States: Banking And Cannabis: Bank Lending, The Next Frontier

Even the few Banks that take deposits don't currently lend. The timing for this surge in demand couldn't be better, as cannabis businesses across the
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Here's what you get for $276000 in Maine real estate

Spoiler alert: nearly every property was under agreement within a week of the listing. Average listing times dropped from two weeks to under a week.
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Market Movers: Stock rally shows realty boom here to stay; Voda investors unsure of future

MUMBAI: If investors are rushing to buy equities, then Indians are scrambling to buy residential property. Experts in the country's real estate sector are
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Just Eat Takeaway puts global media agency review on menu

Winner-takes-all pitch follows creative review. Just Eat Takeaway.com is to consolidate its media planning and buying requirements around the world in
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Adani Wilmar IPO: FMCG Giant And Fortune Oil-maker Files Papers For Rs 4500 Crore IPO

In this category, its Fortune brand holds around 20% market share in India. The venture also produces packaged Basmati rice, soya chunks, pulses
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Cannabis banking senator wants dispensary welfare ban (Newsletter: August 2, 2021)

Cannabis banking senator wants dispensary welfare ban (Newsletter: August 2, 2021). Published. 6 hours ago. on. August 2, 2021.
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Two luxury condos sell for record prices as LA's high-rise market surges

The $500-million complex built on the former site of the House of Blues is one of multiple projects coming to the Sunset Strip as developers look to lure
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Virgin to accept e-signatures on mortgage declarations

The lender says it will no longer require a so-called “wet” signature on most residential and buy-to-let mortgage forms. It means that customers will be
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Rent and mortgage assistance programs available for Texans

Rent and mortgage assistance programs available for Texans. Mon, August 2, 2021, 6:07 AM. The CDC'S eviction moratorium expired Saturday July
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Why the housing boom isn't a catastrophic financial bubble (yet)

The US housing market is red hot, as home prices grow by record amounts. While there are reasons for concern, so far this boom is much different
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Mortgage applications up by a third, according to experts

Mortgage applications up by a third, according to experts

Mortgage applications grew by a third in June as the Australian economy moved back towards a positive footing following the 2020 lockdowns,
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Here's the infrastructure bill!

Editor's Note: Morning Money is a free version of POLITICO Pro Financial … “The central bank has been buying $120 billion a month of Treasury and
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Pfizer and Moderna are raising COVID-19 vaccine prices in Europe

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Pfizer and Moderna are both raising the price of their
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Got Multiple Offers for Your Home? Here's How to Decide Which One to Take

Home buyers also frequently put a financing contingency in place. This means if they can't get approved for a mortgage loan, they don't have to go
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Owner of Scholastic leaves $1.2bn Harry Potter fortune to his lover over his ex-wife and children

Owner of Scholastic leaves $1.2bn Harry Potter fortune to his lover over his ex-wife and children. Iole Lucchese, who Robinson described as 'my partner
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Putin Isn't Letting Good Crises Go to Waste

… last week, Lukashenko said Friday he wouldn't hesitate to call Russian troops into Belarus to keep order, the state-run Belta news service reported.
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Freddie Mac Names Dionne Wallace Oakley as Chief Human Resources Officer and Chief …

In this role, Wallace Oakley will be a member of the company's senior operating committee and will report directly to Freddie Mac CEO Michael DeVito. “It
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Comerica On Meeting Digital-First Consumers' Needs In The Emerging API Economy

Interest in open banking has progressed rapidly in the U.S. over the past year … The rush to digital adoption has created an ecosystem in which banks,
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Boca Raton apartments sell for $20M

Berkadia's Mitch Sinberg and Matthew Robbins helped the buyer obtain a 10-year, $12 million mortgage through Freddie Mac's Green Up program.
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Mortgage Forbearance Changes Create Challenges for Servicers

With bulk of expirations now coming earlier than expected, servicers face mounting operational challenges; Under current expiration matrices, 1.2m
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Foreigners are buying fewer American homes

“The big decline in foreign purchases of homes in the U.S. in the past year is no surprise, given the pandemic-induced lockdowns and international
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EVO Payments Buys UK-based Payment Gateway Anderson Zaks

(EVOP), a global provider of payment technology integrations and acquiring solutions, Monday said it completed the acquisition of Anderson Zaks
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FHA and FHFA Eviction Moratoria Get New Deadline

The decisions protect people living in federally insured, single-family properties and properties that Fannie Mae and Freddie Mac have acquired
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Bank of America to shutter this local branch

Other banks, such as Chase Bank, also have closed branches in Osceola County. Chase (NYSE: JPM) closed a branch at 1477 East Osceola Parkway
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Taiwan shares surge; tech, shipping stocks attract strong interest

Shipping stocks emerged from their recent doldrums and buying also spread to … According to the TWSE, foreign institutional investors bought a net
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Energy Transition Fund Frenzy

… More Money Than Ever Is Flowing Into Climate Tech, which can be found on the Bloomberg terminal under NI BULLARD, and on bloomberg.com.
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Chimera Investment Corp. Adds New CFO

The next installment in the Mortgage Leadership Outlook's Tech Stack Heroes collaboration with BeSmartee is set to feature Christy Soukhamneut, chief
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GRAINS-Wheat nears three-month high on global crop reduction

Chicago Board of Trade wheat futures climbed to a near three-month high on Monday, supported by diminished global wheat production assessments
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10 million poised to lose unemployment benefits by early September

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. On the heels of the federal eviction moratorium expiring,
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China Orders Henan Flood Probe After Death Toll Surges

China Orders Henan Flood Probe After Death Toll Surges. Bloomberg News. August 2, 2021, 4:02 AM PDT Updated on August 2, 2021, 5
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Pandemic pushed more banking online, but branches will stick around

Pandemic pushed more banking online, but branches will stick around

Some banks have permanently closed branches as mobile banking and self-service option use accelerated, but some institutions expect there will
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MSCI buys real estate data provider for $950 million

Real Capital Analytics provides data and analysis on global commercial real estate capital markets, including market pricing, capital flows and
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What Sold: 31 Newport County real estate sales, transactions (July 25 – 31)

Wondering what sold in your neighborhood recently? Here's a look at the latest real estate transactions. by Ryan M. Belmore and Tyler Bernadyn 6
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BCB publishes details about Open Banking phase 2 in Brazil

Information on the limits and terms must be available on the Open Banking page on the website of the Central Bank of Brazil and on the Open Banking
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Reliance slips 59 places on Fortune list, SBI jumps 16 notches

Fortune said companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2021. While SBI had a revenue of
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Grand County real estate sales, July 25-31

Grand County's real estate transactions July 25-31 were worth more than $26.8 million combined. • Shadow Park West Condo Unit 14D – Renee
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2iQ launches Capitol Trades, a platform that tracks US politician's trades

The Stop Trading on Congressional Knowledge (STOCK) Act of 2012 … from our ~15 years of experience in providing global insider trading data.
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Polsinelli Adds Real Estate Shareholder In Miami

Law360 (August 2, 2021, 12:57 PM EDT) –. Louis Rubin. Polsinelli PC added to its growing real estate practice with the hiring of a new shareholder in
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Branding, branch closures and a new CEO: Here's what's next for Truist in its merger

Truist is rolling out a new digital banking website and mobile app ahead of the full conversion of BB&T and SunTrust into Truist in early 2022, the bank
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Pension-backed lending: The good, the bad, and the ugly

Finance Minister Tito Mboweni. Pension-backed lending: The good, the bad, and the ugly. By Time of article published 0s ago.
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Markets stabilize and earnings season ramps up as August begins

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. The final month of summer has arrived, and markets are
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CMG Financial's Tammy Turner Named 2021 HousingWire Women of Influence

2, 2021 /PRNewswire/ — National mortgage media group HousingWire … Throughout the mortgage banking and housing markets, CMG Financial is … source of news and information for the U.S. mortgage and housing markets.
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Bitcoin ATM operator LibertyX is being acquired by Fortune 500 company NCR

LibertyX, which operates bitcoin ATMs and kiosks in the U.S., is getting acquired by the Fortune 500 company NCR Corporation. Announcing the news
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ZocDoc Names Morgan Stanley Investment Banker as CFO

Edward Liu was previously co-head of the Wall Street bank's technology group in the Americas. ZocDoc's corporate headquarters in New York.
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Could Ohio State CB Sevyn Banks be the next Steelers lockdown cornerback?

When Jeff Okudah and Damon Arnette, Jr. entered the 2020 NFL Draft, Banks was given a more prominent role, being primarily the outside cornerback
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Employers ramp up the pressure on unvaccinated workers to get the COVID shot

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Employers are losing patience with unvaccinated
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PRECIOUS-Gold subdued as risk appetite grows; weaker dollar, yields lend support

PRECIOUS-Gold subdued as risk appetite grows; weaker dollar, yields lend support. By Brijesh Patel. 3 Min Read. * Dollar down 0.2% against its
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Wescover Launches Trade Program for Interior Design Professionals to Purchase One-of-a-Kind …

Trade members can now access special to-the-trade pricing from more than 15,000 professional local and international creators on Wescover using
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Banking Circle Said to Seek Funding at $6 Billion Valuation

Banking Circle, a financial technology startup, is seeking to raise new funding at a valuation of around 5 billion euros ($5.9 billion), according to
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Spirit Airlines customers face nightmarish 'operational challenges' at FLL

– Some Spirit Airlines customers spent Sunday night at Fort Lauderdale-Hollywood International Airport, as they were still facing delays and
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Waterstone Financial, Inc. Receives Top Ranking in Bank Director's 2021 Bank Performance …

Waterstone Financial, Inc. Receives Top Ranking in Bank Director's 2021 Bank Performance …

Bank Director's Scorecard annually ranks the 300 largest exchange-traded banks in the United States based on the previous year's performance. It uses
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With Real Estate Prices Climbing, Here's Another Way to Get In

Prospective real estate investors don't have to feel priced out of the current market when there's other ways to get exposure to the sector—one of
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Florida Real Estate School

Florida Real Estate School offers online interactive self-paced pre-licensing real estate agent and broker courses as well as exam prep and continuing
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NFTs Could Go Even More Mainstream With Shopify's Latest Move

… NFTs connected to artworks — plummeted roughly 50% between mid-March and the end of June, according to the market tracker Nonfungible.com.
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Jackson joins Texans Credit Union

Angela (Angie) Jackson has been named Vice President of Real Estate Lending at Texans Credit Union. Texans CU President and CEO David Frazier
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Hyperdrive Daily: The Driverless Shuttle Helping Toyota Win Gold

Surveillance · Daybreak · Markets · Balance of Power · Bloomberg Technology · The David … Get Bloomberg.com's automotive industry newsletter.
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How To Do A Bank Reconciliation: Step By Step

Keeping accurate records of your bank transactions can help you determine your financial health and avoid costly fees. One way to keep accurate
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Credit Suisse hires Tarda from HSBC to head fintech investment banking

Credit Suisse has hired a new global co-head of fintech investment banking as the Swiss bank looks to rebuild its bench of senior dealmakers after a
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The state of New Orleans real estate

3,281 – The number of homes for sale on MLS in June, by far the lowest in the past decade, and lower than the beginning of the year, with a 25%
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Lumber prices are down 68% — but there's a catch

On Friday, that “cash” market price fell to $479 per thousand board feet, according to data provided to Fortune by Fastmarkets Random Lengths,
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UK inflation to hit 3.9% in early 2022, NIESR forecasts

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry
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Knoxville Biz Ticker: Norris Lake earns the #2 spot to buy a lake house by Vacasa

The list of the top lakefront markets comes as vacation rental real estate continues to heat up—particularly among new buyers. According to Vacasa's
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Brazil's Azul Joins Carriers Planning eVTOL Service

Brazil is a strong market for business jets and also for chartered helicopter flights, which are commonly used to avoid serious road gridlock in major
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Reliance slips 59 places on Fortune list; ranks 155th – Rediff.com Business

Billionaire Mukesh Ambani's oil-to-telecom conglomerate Reliance Industries Ltd slipped 59 places to rank 155th on the 2021 Fortune Global 500 list
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Aramco douses cold oil on Bitcoin advocates' hopes it will start mining crypto

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Saudi Arabia's state-owned petrochemicals giant
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COVID relief? This Illinois county is spending $353000 on digitizing its records

For the first time, it will be possible for people to e-record documents remotely and for attorneys, banks, title companies or other searchers to access
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MLO Jobs; Verification, Non-QM, HELOC Products; Events and Training; Rates Edge Lower

On average, mortgage lenders retain just 18% of their customers. … The Mortgage Collaborative (TMC) is getting its national family of 240+ lender
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Home sale profits take rare dip in second quarter

DJ Shaw. Reporting Associate, National Mortgage News.
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CAAR report: Housing market still competitive

In Albemarle County CAAR says a house stays on the market for about 35 days. Last year that number was 56. Housing prices are still up, but inventory
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Church's Chicken Acquired By Investment Firm High Bluff Capital Partners

He also likes the momentum Church's has with its international business, … Now we focus on buying bigger assets, financing them in a cost efficient
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TikTok Becomes Founding Sponsor of Inaugural US Cyber Games, US Cyber Team

TikTok Becomes Founding Sponsor of Inaugural US Cyber Games, US Cyber Team

… Security Alliance executive director Kelvin Coleman; Freddie Mac director of risk governance and board reporting Linda Eddy; Women's Society of
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Form 8-K SB FINANCIAL GROUP, INC. For: Jul 26

… a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title
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KBRA Assigns Preliminary Ratings to FREMF 2021-K130 and Freddie Mac Structured Pass …

Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2021-K130 securitization and will deposit the guaranteed
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Should You Buy Howard Hughes Corp (HHC) in Real Estate Diversified Industry?

Howard Hughes Corp (HHC) leads the Real Estate Diversified industry with an overall score of 60. HHC is up 74.56% so far this year after the
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New York Life Announces Expansion of Its Industry Leading Development Program for Financial …

2 As reported by “Fortune 2021 World's Most Admired Companies ranking within Insurance (Life and Health),” Fortune magazine, 2/1/2021. For
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KnowBe4 Announces Second Quarter 2021 Financial Results

A reconciliation of GAAP to non-GAAP financial measures and definitions for our key business metrics, including annualized recurring revenue and free
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Financial Services Stocks Moving Up and Down Monday: TIRX, FUTU, ASPS, TIGR, OPHC, OWL …

… stock is trading at $1.60, a loss of $0.1, or 5.88%, on low volume. Freddie Mac 6.02 Pfd gets a Sentiment Score of Bullish from InvestorsObserver.
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Gold prices drop Rs 396 to Rs 48034/10 gm on weak global cues, firm rupee; rises 3.59% in July

Gold futures for October delivery slipped Rs 128, or 0.27 percent, to Rs 47,873 per 10 gram in evening trade on a business turnover of 12,870 lots. The
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Humanize banking

Credit unions need to be able to create a seamless banking experience. Content Sponsored By: Coconut Software. Customers who feel valued stay,
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Walmart holds on to top spot of Fortune 500, Amazon leaps to No. 3

Dive Brief: Walmart remains the largest company in the world by revenue, according to the annual Fortune 500 rankings released on Monday. While
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Ariana Grande Should Earn A Fortune From Her 'Fortnite' Rift Tour Concert

… and this upcoming Ariana Grande concert, arguably the biggest music act the game has attracted to date, is likely to earn the artist a fortune, and for
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DFW Airport business park sells to real estate trust

… buildings are 97% leased and were acquired by a real estate investment trust. County records show the new owner is an affiliate of California-based
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How The Agency Is Changing the Real Estate Brokerage Game

And why founder and CEO Mauricio Umansky of the growing real estate franchise says iBuying won't replace the human touch any time soon. Chris
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Heitman Favors Defensive Assets With Its Investment Funds

In terms of our expectations, gleaning data from how real estate has behaved during periods of volatility and in the recovery period of an economic
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The Corporate Vaccine Gap

At the height of the subprime bubble, the price-to-rent multiple for the housing market, as calculated by the U.C.L.A. economist Edward Leamer, was 41.
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South Florida industrial sector keeps beating pandemic odds, Q2 report shows

South Florida's industrial real estate market experienced strong leasing activity, low vacancy rates and asking rent hikes (Getty). South Florida's
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DFPI Report Shows Mortgage Lending Increases, Foreclosure Declines During COVID-19 Pandemic

SACRAMENTO – A new report shows nonbank residential mortgage loans doubled from 2019 to 2020 as more Californians refinanced or obtained
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Sentinel Real Estate Corporation Acquires 276-Unit Apartment Community in Jacksonville, Florida

NEW YORK, August 02, 2021–(BUSINESS WIRE)–Sentinel Real Estate … to be delivered within three miles of the property over the next two years.
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HousingWire honors Sales Boomerang VP of Sales Taylor Castranova as a Women of Influence

As the mortgage industry's #1 borrower retention tool, Sales Boomerang is trusted by more than 125 lenders — including brokers, independent
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Has consolidation in banking gone too far in Connecticut?

The venerable Savings Bank of Manchester, which once had a branch in every neighborhood in town, was acquired in 2004 in a combination with two
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Cinemark to Promote New CEO Following Mark Zoradi's Retirement

Cinemark to Promote New CEO Following Mark Zoradi's Retirement

… funds, conduit lenders, debt funds, private equity funds, Fannie Mae, Freddie Mac, HUD, and other private capital sources at Marcus & Millichap.
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Bank of America files shelf to offer up to $123 billion in debt and equity securities over time

Bank of America Corp. BAC, -0.33% filed a shelf registration Monday with the Securities and Exchange Commission to allow it to issue up to $123
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Rocket Mortgage rolls out new refinance loan as part of push into solar energy

The new refinance loans are aimed at homeowners who used financing to purchase solar panels for their homes
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Are homebuilders burning bridges with real estate agents?

More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a
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Widespread Supply Disruptions Stress Maine Businesses Trying To Rebound

… because pizza flour, paper supplies and canned items are hard to buy. … the Virginia-based International Foodservice Distributors Association trade
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Data, Connectivity Keys to Proptech's Role in Smart Cities: CO Experts

Innovation in proptech means not only reevaluating building technologies, but also reinterpreting all facets of the real estate life cycle. “For us, our
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Meggitt Soars on $8.8 Billion Purchase by Parker-Hannifin

… Secretary Kwasi Kwarteng is taking an active interest in the deal and may seek more reassurances on preserving jobs, Bloomberg News reported.
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8 Brilliant Ways People Would Use Jeff Bezos' Vast Fortune

8 Brilliant Ways People Would Use Jeff Bezos' Vast Fortune. Read full article. Dawn Allcot. Mon, August 2, 2021, 11:49 AM ·6 min read. Tony Gutierrez
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Baker-Polito Administration Visits Homeownership Project in Everett, Highlights $1 Billion Housing …

“Our proposal to invest $1 billion in housing priorities using a portion of Massachusetts' federal funds would enable the CommonWealth Builder
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A Trucking Crisis Has the US Looking for More Drivers Abroad

We know you're busy. Let Bloomberg Opinion's Matt Levine unpack all the Wall Street drama for you.
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New Zealand housing market hits another record

The New Zealand housing market broke another record in July 2021, with the national average asking price reaching an all-time high and national
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Facebook's Kustomer Takeover Gets In-Depth EU Investigation

“It is important to closely review potentially problematic acquisitions by companies that are already dominant in certain markets,” Margrethe Vestager,
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'Vultur' malware uses new technique to steal banking credentials

The team at ThreatFabric note that prior efforts to steal banking login and password information from users of Android-based devices have used
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Consumer finance regulatory news, August 2021

FCA mortgage prisoners review: terms of reference · data review: the FCA will review and update its data to consider the demographic and loan
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Anchor Loans Hires Andrew Jewett As SVP, Enterprise Sales

Earlier in his career, Jewett served as a director of mortgage finance for Royal Bank of Scotland and as an analyst with C.D. Downer & Co. and
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Knox County Releases Housing Study

The study analyzes current gaps in the local housing market, and identifies potential sites that are ready to meet existing and future demand.
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2 San Antonio companies make Fortune's list of best places to work for millennials in 2021

USAA employees say facilities contribute to a good working environment and people care about each other, among other things. Fortune Magazine's list
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Liberia's central bank expands monetary policy committee

The Central Bank of Liberia is expanding its monetary policy committee to include academics and private sector representatives. In a statement on
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Biden names new watchdog at finance agency after embattled IG departs

… Fong will be tasked with overseeing the federal government's regulation of Fannie Mae, Freddie Mac and the Federal Home Loan Bank System.
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Banking & Finance Roundup: Palm Beach family office executive launches online networking hub

The portion of consumers who have bank accounts linked to platforms or services that have been exposed to a data breach, according to a nationwide
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UPDATE 1-Brazil posts $7.4 bln trade surplus in July, less than expected

UPDATE 1-Brazil posts $7.4 bln trade surplus in July, less than expected

International trade is expected to be a net contributor to economic growth this year. The Economy Ministry last month revised up its 2021 trade surplus
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Rocket Companies jumps as mortgage lender announces expansion into solar

Signage for Rocket Mortgage by Quicken Loans is displayed on a laptop computer in an arranged photograph taken in the Brooklyn borough of New
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Agencies extend eviction moratoria

As in the past, the FHFA stated this moratorium will apply to Fannie Mae's and Freddie Mac's (the Enterprises) single-family real estate owned
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Edward Jones & Co. Financial Advisors Reach $34 Million Settlement In Discrimination Case

Title VII recognizes claims based on disparate impact, while §1981 does not. In this case, plaintiffs brought claims for both intentional race discrimination
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Why Low Mortgage Rates May Be The Best Long-Term Pandemic Silver Lining

The Numbers: Mortgage debt now accounts for nearly 70% of the record $10.1 trillion in U.S. household debt, but the pandemic sent mortgage rates
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Sun West's Patty La Giglia Wins Industry Awards

Sun West is a HUD-approved mortgagee (FHA & HECM), VA LAPP approved lender, USDA lender, Fannie Mae and Freddie Mac Seller / Servicer and
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Britain Rethinks Letting China Enter Its Nuclear Power Industry

Part of the problem: attracting investors to a project one-fifth owned by … China has ambitions to be a global supplier of nuclear power plants, but
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'We wanted to make them feel good': Salon shows appreciation to nurses with free makeovers

Related video above: Nurse surprised with mortgage payment. Five nurses who've seen the worst of the COVID-19 pandemic up close were treated to
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Mortgage fees to help pay for Biden infrastructure bill

Freddie Mac and Fannie Mae charge g-fees to lenders to cover credit losses from borrower defaults, administrative costs and a return on capital. In 2019,
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Colombian consumer lending unit seeks bankruptcy protection in Delaware

Colombian consumer lending unit seeks bankruptcy protection in Delaware · Accounting errors led to defaults · Existing creditors to provide $45 million
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Business bank opening third Greater Cincinnati office

Columbus-based CFBank, which bills itself as a boutique commercial bank, will open a local banking office in October on Red Bank Road in
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Poshmark, Inc. Announces India Expansion as Part of a Continued Focus on New Market …

… country and one of the fastest-growing ecommerce markets in the world. … experience in strategic international expansion and business operations.
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Inside MoneyLion's quest to become a financial 'super app'

A few years into its operations, it added digital banking and investing. It plans to … “Many banks, credit unions, and some fintech startups offer similar
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Rocket Adds Solar Panel Financing to Lending Stack

Then they will connect homeowners to a digital lending process. Once financing is completed, the Rocket Cloud Force will help coordinate the
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“Community Driven” Real Estate Investment Firm Launched

The “HAVN” launch party. The room was packed with employees of both HAVN and his real estate group Paris Realty, investors, and friends. Attendees
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Chicago non-profit lender changes its name

Determined to help all small businesses, Chicago Neighborhood Initiatives Micro Finance Group, a nonprofit Chicago lender, announced it is
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Amazon's Whole Foods Tacks on Delivery Fee in Some US Cities

Amazon.com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the
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Barings hires head of US real estate equities

Maureen Joyce was named head of U.S. real estate equity asset management at Barings. She replaces John Kennedy, who will become a portfolio
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Netz owner Joe Tsai spends a fortune on winning the Big 3

Netz owner Joe Tsai spends a fortune on winning the Big 3. matthewrossant5 mins ago. Nets held a press conference on Monday to introduce the first
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Cardboard demand could fuel an industrial real estate boom

In the industrial real estate sector, e-commerce is the rising tide that lifts all boats — even those made of cardboard. As consumers and retailers alike
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TenureX Raises $5M Series Seed, Poised to Become the Next Generation Platform for …

TenureX Raises $5M Series Seed, Poised to Become the Next Generation Platform for …

The platform frees banks and other types of financial institutions from the constraints of rigid and complex corresponding banking relationships. By
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Inspired launches new fruit-themed slot title Super Hot Fruits Megaways

It's described by the company as a classic, five-reel slot game and features 117,649 ways to win. The title uses Inspired's Hot Spins mechanic,
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Buying a home together

… I've seen more clients either adding a parent as a co-signor on their mortgage, or buying a multi-unit home with family where both live together.
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Virgin Money accepts e-signatures on mortgage declarations

A wet signature will still be required on certain forms, such as gifted deposit and Mortgage Guarantee Scheme forms. Brokers can submit documents
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Assurant Closes $1.35 Billion Sale of Global Preneed Business

NEW YORK–(BUSINESS WIRE)–Assurant, Inc. (NYSE:AIZ), a leading global provider of lifestyle and housing solutions that support, protect and
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Banks eased lending standards for businesses, households in Q2, Fed survey shows

… banks on nonbank lenders, and improvements in industry-specific problems as important reasons,” the U.S. central bank said in its quarterly survey.
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New Banking Institution Sunstone Trust Open for Business

American Lending Center is a private non-bank lending institution and nationally recognized leader in SBA lending with a focus on minority or women-
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Four reasons why more people are not buying electric cars yet

Here are four reasons behind the slow adaptation of Electric Vehicles in the world. Too Expensive. One of the main reasons for people's hesitancy is that
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High rent increase forces Vine & Barley to close in downtown Stuart, not St. Lucie West

“I sort of understand where the greed is coming from because the real estate market is insane right now,” he said. “People are trying to cash in. But it
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Ocean Bank Reports Increase in Net Income, Assets and Equity

MIAMI–(BUSINESS WIRE)–Aug 2, 2021–. Ocean Bank announced today net income of $13.9 million for the quarter ended June 30, compared with
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Ombudsman called in over 'cramped housing' complaint

A disabled mum-of-two complained to the
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Libertyville mortgage banker is in top 1 %

Leasure, division president of Diamond Residential Mortgage in Libertyville, recently was recognized as among the top 1 % of mortgage originators in
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BP Returns Under Scrutiny as Big Oil Plies Investors With Cash

Analyst estimates compiled by Bloomberg show that of the five supermajors, BP's combined dividend and buybacks are expected to lag behind some
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Leeds BS introduces green cashback mortgages

Leeds Building Society is launching two cashback mortgages to reward borrowers buying energy efficient homes. The two products, to launch on
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China Investors' Purchase of Istanbul Bridge Stake Said to Stall

… and executives weren't able to travel between Turkey and China and had to communicate by video link, Bloomberg News reported last year.
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Goldman Sachs joins Wall Street rivals in boosting junior banker salaries

First-year analysts, the most junior of investment bankers who are typically recent college graduates, will be paid a $110,000 annual base salary,
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Wealthy execs are taking out loans to pay taxes on stock market windfalls — and it's been a boost …

Securities-based lending for Morgan Stanley nearly reached $76 billion last quarter, up 43% from a year ago, the bank reported in its second-quarter
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Equinox, SoulCycle will require members to show proof of vaccination

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Equinox says it will begin requiring members to show
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Charlotte to use job survey data to increase employment opportunities

Spark commercial real estate development within the corridors. Help corridor residents overcome barriers to employment and access career and
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6 of NC's big tech – Apple, Alphabet, Microsoft, Facebook, Lenovo, Oracle – move up Global 500 List

“I'm proud to see our rise to a record high #159 (up 65 spots) on the Fortune Magazine Global 500 list! Thank you to the Lenovo team, our customers,
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