OMS signs tech agreement with The Lending Channel

OMS signs tech agreement with The Lending Channel

The Lending Channel operates in both residential and commercial property finance, including: short-term finance, first and second charge mortgage and
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Susquehanna Valley woman loses thousands of dollars to house rental scam

In the current housing market, it is difficult – if not impossible – to find a place to buy or rent, and that makes for a perfect set up for scammers to hijack
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CUNA announces new Serving Small Businesses eSchool

Lender liability and regulatory and compliance implications of a business portfolio will also be covered. To learn more, visit cuna.org/ssb · Credit Union
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Closure of Otego bank branch spurs backlash

Many Otego residents walk to the Bank to do their banking business. Your closing of the Otego branch will make the activity impossible. Local
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JPMorgan AM's Craig: Japan Is One of Preferred Markets

UP NEXT. 01:00. Bloomberg Surveillance: Early Edition. See Full Schedule. JPMorgan AM's Craig: Japan Is One of Preferred Markets. Daybreak Asia
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Millcreek School Board hopes to eliminate a penalty on real estate taxes again

Last year the board could eliminate the real estate tax penalty because of COVID-19. However, the tax elimination may not be eligible past the 2020
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Reach for More Yield Overseas with This International Dividend ETF

With IQDF, investors also get income diversification with its international holdings. “A dividend exchange-traded fund (ETF) is an investment vehicle that
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Why Quentin Tarantino has never given his mom 'a penny' of his fortune

When Quentin Tarantino was a 12-year-old aspiring filmmaker, he vowed to never share his fortune with his mother. The Academy Award-winning
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CTBC banking on Thai SMEs

Ms Chompoonoot said Thailand is a strategic market for CTBC in Asean. Taiwan-based CTBC Bank (CTBC), a major shareholder of Land and Houses
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Flash Crash Shows Why It's Tough to Be Bullish on Gold Right Now

Meanwhile money markets indicate the European Central Bank won't tighten until at least mid-2024. That sets the stage for a stronger greenback,
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Fitch Ratings Publishes Slovakian Residential Mortgage Assumptions Exposure Draft

The proposal is to extend the scope of the “Originator-Specific Residential Mortgage Analysis Rating Criteria” to include assumptions for Slovakian
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Investigation reveals how football can be used to launder money

Brink of ruin, 'dirty tricks'. Samuelson has long been a player in international business. In the 1990s, he helped build Valmet, one of the world's biggest
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Fortune and Great Place to Work® name Invisors one of the 2021 Best Small & Medium …

Fortune and Great Place to Work® name Invisors one of the 2021 Best Small & Medium Workplaces™. Learn more by visiting invisors.com. (
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Freddie Mac's Pam Perry: Addressing racial equity in housing

Freddie Mac's Pam Perry: Addressing racial equity in housing … featured on the cover and were named to HousingWire's 2021 Women of Influence.
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JP Morgan Asset Management Expands Private Credit Platform, Hires Co-Heads of Global …

New team to leverage deep sourcing and investment capabilities in direct lending, as part of J.P. Morgan Private Capital. NEW YORK, Aug. 9, 2021
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UK tightens Belarus sanctions 1 year after 'fraudulent' vote

Britain is tightening economic sanctions against Belarus as it seeks to … the fraudulent election,'' Foreign Secretary Dominic Raab said in a statement.
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Protected: Six Real Estate Trends Homebuyers Should Watch This Summer

Protected: Six Real Estate Trends Homebuyers Should Watch This Summer. Presented by: Prevu. This content is password protected. To view it
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Fortune FC, Elite Utd to represent Gambia in CAF club competitions

The Petroleum boys, Fortune FC will represent the country in the CAF Champions League after clutching the 2020-2021 Gambia Football Federation
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Oregon law expands access to capital for disadvantaged businesses

The first fund provides a backstop to community lenders who work with … Decades of racist lending practices made it harder and more expensive for
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The 'crazy' is leaving the housing market

What's driving this cool-down? Some of it is a result of would-be home buyers simply balking at sky-high prices. But that's not all: Seasonality appears to
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Man On Supervised Release Bailed To Fortune Society Housing Is Said To Be Doing Well

Man On Supervised Release Bailed To Fortune Society Housing Is Said To Be Doing Well

Jones had been released on bond to Fortune Society Housing. On August 9, Assistant US Attorney Maurene Comey said he was doing well. The case
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Forbes Asia 100 To Watch

Investment banker-turned entrepreneur Stuart Oda's Alesca works with customers worldwide to build indoor farms. The company says its base of
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Chip Shortage Keeps CIOs and Other Tech Leaders Scrambling

From schools to financial firms and grocery stores, the world-wide chip … in Mexico, leaving CIOs at its Fortune 500 customers pacing in the wings.
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5 at 5: Your Daily Digest for Real Estate Investing, 8/9/21 | Millionacres

The Millionacres takeaway: Simply saving your money in the bank, or credit union, or a money market account or CD somewhere really is a losing
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Hines Raises $625M Fund, Sets Sights On US Multifamily And Industrial

Multifamily properties, viewed as a necessity by Hines, offer growth in markets with favorable demographic trends, while industrial real estate faces
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Surveillance: Peak Oil Demand With Morse (Podcast)

… news from India, visit Bloombergquint.com. Skip to content. Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal
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'Collections improving but a lot hinges on festival season'

Also, when we lend to the middle and lower strata of society, this qualifies as priority sector lending for banks. So, with on-lending, the risk of default is
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SMBC pauses for breath after global deal spree

The other is global cross-border M&A expertise.” US expansion. Let's take the expansion of the US investment banking business first. Here, some
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Metro Arts Lending Library

Emily showed the original art available in the new Metro Arts Lending Library and Ashley talked about the inspiration behind her painting in the library.
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Creating A Vibe With Chronic Tacos

From new technologies and changing food trends to supply chains and innovative concepts, the restaurant industry is everchanging. Host Andre Natera … In this role, he focused the company on investment and real estate projects.
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Is being Stripe's competitor now a badge of honor?

Anne Sraders Twitter: @AnneSraders. Email: anne.sraders@fortune.com. Jessica Mathews compiled the IPO and SPAC sections of this newsletter.
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Billionaires Bezos, Murthy to End Controversial India Venture

The letter, which was reviewed by Bloomberg News, accused the billionaire of hurting the interests of his own country. “Mr. Murthy has been in cahoots
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This hot startup is now valued at $1 billion for its AI skills

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Snorkel AI, a startup with roots in Stanford University's
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Corporate America Is Ponying Up for Workers Suddenly in Demand

Companies including Alphabet Inc.'s Google, Amazon.com Inc. and BlackRock … It's good for the American worker,” Walsh told Bloomberg Television.
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Hines launches major US real estate fund

Hines, a global real estate firm based in Houston, has launched a fund targeting real estate investments in major markets in the U.S.. The Hines U.S.
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Can you get unemployment if you lose your job for refusing to get vaccinated?

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. An increasing number of major companies, health
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The Incredible Disappearing Return-to-Office Plans

… that means individual work happens from home,” Dropbox Chief Executive Officer Drew Houston said in an interview on Bloomberg TV Friday.
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US Job Openings Hit New Record in June, Surpassing 10 Million

Economists in a Bloomberg survey had called for an increase to 9.27 … In an effort to lure workers to open jobs, businesses including Amazon.com
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The Pros and Cons of Pocket Listings: Should You Sell Your Home in Secret?

In today's sizzling housing market, some sellers are taking the unconventional approach of intentionally limiting their house's visibility to prospective
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First National Bank in Howell being bought by Bank of Ann Arbor in all-cash transaction

Bank of Ann Arbor will acquire the long-time Livingston County bank for approximately $116.5 million. Company officials expect the transaction to close
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Blackstone-Led Group Provides $1.8 Billion Loan for Medallia LBO

Blackstone-Led Group Provides $1.8 Billion Loan for Medallia LBO

The lending unit of Thoma Bravo and direct lender Antares Capital LLC are also helping provide the loan. Pricing details on the loan weren't disclosed.
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Launderers Using Younger Irish Bank Customers As 'Mules'

Law360, London (August 9, 2021, 2:55 PM BST) — Irish banks processed … a fraud awareness initiative led by the Banking & Payments Federation,
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Mortgage Rates: Jim Cramer Says the Train Is Leaving the Station

While he'll be the first to tell you that he's a “stock guy” through and through, Jim Cramer said now is the time to secure a mortgage if you haven't
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Could a 3-strike system work with short-term rentals? A Newport city councilor thinks so.

… in neighborhoods and the housing market,” the group said at the conclusion of its report outlining corrective measures the city should take.
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Colombia Gets a Leg Up in Global Marijuana Export Market

… intelligence predicts that Colombian companies could lead business deals in Latin America and enter markets such as Brazil, Ecuador and Peru.
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Fortune and Great Place to Work® Name Conviva One of the 2021 Best Small & Medium …

FOSTER CITY, Calif.–(BUSINESS WIRE)–Aug 9, 2021–. Great Place to Work® and Fortune magazine have honored Conviva, the intelligence cloud
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Fitch to Rate FREMF 2021-K744 Multifamily Mtge PT Ctfs & Freddie Mac SPC Ser K-744; Presale …

In addition, Fitch has issued expected Unenhanced Ratings, which reflect the underlying creditworthiness absent of the Freddie Mac guarantee as
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HDFC Bank receives Rs 30000 crore prepayments amid signs of economic recovery and …

HDFC Bank, India's most valuable lender, did not reply to ET's queries on the subject. Industry sources didn't reveal the names of individual corporate
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Crowdsofts: Let the Rapidly Growing Crowdfunding Sector Elevate Your Business

Whether it is lending to people, businesses, or finding a property, the software is able to handle any type of crowdfunding service. It is flexible and
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Iron Mountain signs 2.4 megawatt lease with Fortune 100 Technology Customer

The customers will be deployed at WPA-1 data center of Iron Mountain located in Boyers, Pennsylvania, and has deployments that are existing at other
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Hitachi Vantara Appoints Mark Ablett as President to Drive Continued Resurgence of Its Digital …

Hitachi Vantara's Digital Infrastructure Business Unit serves 80% of the Fortune 100 with data storage, hyperconverged and converged infrastructure,
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Biden imposes sanctions against Belarus' Lukashenko regime

The International Olympic Committee has also reprimanded it for its failure to … “The United States will continue to stand up for human rights and free … British investors are barred from buying securities issued by the Belarusian state
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When to expect your second child tax credit payment

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. More than 30 million households are set to get their
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Default Risk on GSE-Backed Loans Increases

During the first quarter of this year the default risk for purchased and refinanced loans backed by Freddie Mac and Fannie Mae increased for the first
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Hines launches $1.2B investment fund

Hines announced the launch of Hines U.S. Property Partners (HUSPP), a new … David Steinbach, Global CIO at Hines commented, “As real estate
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Clare €500k winner did triple take before realising fortune

Clare €500k winner did triple take before realising fortune … A CLARE lottery player who won €500,000 on a scratch card has admitted they didn't realise
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Florida Digital Lending Market to Reach $13.89 Billion by 2027: Allied Market Research

However, high interest on small amounts & shorter repayment time provided by lenders hinders the market growth. On the other hand, adoption of
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Argo Blockchain Increases Revenue by 180% in First Half 2021

According to a release on the website of the London Stock Exchange, … our Telegram Group and get trading signals, a free trading course and more
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Asana Named #3 on the 2021 Best Small & Medium Workplaces™ list by Fortune and Great Place …

Asana, Inc. (NYSE: ASAN), a leading work management platform for teams, has been recognized by Fortune and Great Place to Work as one of the
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Farmers find fortune in figs

A farmer attends to fig trees at an ecological orchard in Xianju county, East China's Zhejiang Province on Monday. The county is pushing for
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China's Crackdown on Tech a Headache for Investors (Podcast)

China's Crackdown on Tech a Headache for Investors (Podcast)

Bloomberg Businessweek Editor Joel Weber and Bloomberg News Head of US Rates and FX Benjamin Purvis on the debt-ceiling farce is a headache
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Hella Suitors Near Last Round of $9 Billion Battle

… takeover in Germany this year, behind Vonovia SE's pursuit of real estate rival Deutsche Wohnen SE, according to data compiled by Bloomberg.
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Nuveen acquires $620M life science, healthcare portfolio from IRA

Nuveen Real Estate has closed on the acquisition of a 29-building national healthcare and life science portfolio for $620 million from IRA Capital.
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'Fortune' Auctions NFT Tied To Crypto Cover Story

Fortune has stepped into the non-fungible token (NFT) arena with an auction of 256 NFTs from artist pplpleasr on the OpenSea marketplace, tied to
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10 WWE Champions With The Least Matches In The Company

The WWE Championship is certainly the most prestigious belt in the world of professional wrestling. Introduced in 1963, the title has been around for
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Billie Simmons: A Banking Platform for LGBTQI+ Members and Businesses

My own lived experience accessing banking services in the US opened my eyes to how broken the system is. I keep doing this work because of our
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Meridian, Nampa at crossroads of housing growth

The fast-growing populations have coincided with skyrocketing single-family home prices. As these places outside Boise aim to become full-service
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If you've got extra money, should you pay off your mortgage or invest?

Paying off your mortgage, or paying a lump sum to lower your monthly payments, will also free you up to tackle other debts. Mortgage rates are tiny
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The Fallacy Of Fintech Ethics: Could Fintechs Be Less Ethical Than Banks?

Some claim that there is a fintech “ethos” that distinguishes fintechs from banks (and somehow makes fintechs morally superior). These perspectives
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Personnel File

Brookline Bank has promoted Ryan Abbott to assistant vice president of commercial real estate banking. Cape Ann Savings Bank. Gloucester-based
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Pfizer partner to test COVID vaccine targeting Delta variant this month

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Pfizer partner BioNTech aims to begin tests this month
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Bloomberg Markets Full Show (08/09/2021)

Bloomberg Markets Full Show (08/09/2021). August 9th, 2021, 10:21 AM PDT.
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Banking and finance regulatory news, August 2021 #2

Proportionality in banking regulation and supervision: Joint BCBS and World Bank report. This update is taking a seasonal break. BCBS rules on NPL
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American workers now have the upper hand as employers rush to raise hourly wages

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. For the first time in decades, the American worker is
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Investors Title Company Declares Quarterly Dividend

CHAPEL HILL, N.C.–(BUSINESS WIRE)–Aug 9, 2021–. Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of
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First Republic Bank Announces Common Stock Offering

First Republic Bank (“First Republic”) (NYSE: FRC), a leading private bank and wealth management company, today announced that it has agreed to
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Circle files to become a bank

Writes Allaire: “We believe that full-reserve banking, built on digital currency technology, can lead to not just a radically more efficient, but also a safer,
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Forbearance numbers fall, delinquency rates rise

The share of Fannie Mae and Freddie Mac loans in forbearance also decreased, falling five basis points to 1.74%, and Ginnie Mae loans decreased
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Stock prices undercount climate-change risks, and real-estate markets are way way off, paper shows

Asset markets included stocks and bonds, but also real estate and insurance. Advertisement. Respondents who thought stock prices reflect climate risks
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Tesla's Bitcoin bet is back in the black—big time

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Every time Bitcoin crashes to make Elon Musk's famous
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Idaho Bankers Association names Ireland Bank president, CEO as chairman

Idaho Bankers Association names Ireland Bank president, CEO as chairman

Lowry, who previously served as vice chairman, is succeeding Lori Dizes of U.S. Bank. The Idaho Bankers Association also elected Dale Austin of Wells
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Compass loses less money than you'd think

Today's HousingWire Daily episode features chief economist at Redfin, Daryl Fairweather. We discuss a recent home-buying report, which shows that
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HUD Lending Continued Through the Pandemic and Looks Strong Coming Out

Over the past month, bankers have secured multimillion dollar loans insured by the Department of Housing and Urban Development (HUD) for SNF
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Home with golf course views sold for $315K and more South Jersey real estate deals of the week

Below are more real estate transactions for Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester and Salem counties for Aug. 9, 2021.
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Real estate agent notices uptick in short sales on homes in Central MD

BALTIMORE, MD (WBFF) – A realtor in Central Maryland says he is seeing a resurgence in a real estate practice that has been uncommon since the
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Private lender has property funding solution for brokers

Veitch originates and manages lending opportunities for commercial property operators and property developers and works with direct clients, referral
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Money: Failing to switch mortgage lender could cost you €4000 per year more

Homeowners could be paying an average €4,097 in extra mortgage repayments per year by not switching lenders, new research has found. This is an
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Michigan police hold Black real estate agent, prospective homebuyer and his son at gunpoint

1, 2021 image from video provided by the Wyoming, Mich., Police Department shows a Wyoming Officer handcuffing real estate agent Eric Brown
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Japan Bank Lending (YoY) above expectations (0.2%) in July: Actual (1%)

Japan Bank Lending (YoY) above expectations (0.2%) in July: Actual (1%) … Information on these pages contains forward-looking statements that involve
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If you've got extra cash, should you pay off your mortgage or invest?

You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected
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Forbearance and Foreclosure Moratoriums: Is the Clock Done Ticking?

To put things in perspective, the Mortgage Bankers Association calculates that 3.5% of all homes (approx. 1.75 million homeowners) are now subject
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Commercial real estate firms, co-working companies join forces

Commercial real estate company Cushman & Wakefield is betting that one solution to the problem of too much vacant office space is co-working.
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SEC 'crypto mom' Hester Peirce criticizes agency's $10 million Poloniex fine

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. One of the cryptocurrency industry's biggest advocates
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Effectively managing loan lifecycle risk

And there are many different factors that could place a lender's interests at risk. Some lenders could have 20 percent of their lien portfolio unperfected
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America's 10 biggest banks

Its core business lines include personal and commercial banking, asset management, real estate, and mortgage loans, securities brokerage, and
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Redfin's Daryl Fairweather talks homebuying, Delta variant

Fairweather is joined by HousingWire Digital Media Manager Alcynna Lloyd to discuss a recent home-buying report, which shows that home prices in
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Police identify 3 family members killed in their Phoenix home Sunday

Mercedes Fortune. When police arrived at the home, they knocked several times but received no answer. The caller provided additional information,
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UPDATE 1-Australia's James Hardie lifts profit outlook as US housing market booms

The housing sector in the United States, James Hardie's biggest market, had marked a surge in demand as people thronged to the suburbs during the
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Ginnie Mae should treat credit unions as 'depository institutions'

Credit union mortgage loans are generally high in quality and low in risk, with lower delinquency rates than banks. Ginnie Mae's statement that “
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Opinion: There's a new mortgage lender leading the market

A lender that single-handedly closed over $500 million in mortgages actually lost some market share and slid to No. 2. Yes, two mortgage companies
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Q&A: Sen. Patty Kuderer thinking about housing, guns, courts bills for 2022 session

Q&A: Sen. Patty Kuderer thinking about housing, guns, courts bills for 2022 session

The Wire talked with her about what's on her mind for the 2022 session, including housing and rental relief bills, gun legislation and a housing court. The
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Surge in home prices also boosts equity levels for Winston-Salem area homeowners

A mortgage is underwater when a homeowner owes more on the loan than the home is worth. Attom defines seriously underwater as owing at least
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Martha Bradley

While living in Port Arthur, she worked at the Port Arthur Title Company before retiring to raise her family. Besides Port Arthur, she resided in Beaumont
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Key Realty School

Key Realty School offers pre-licensing real estate courses in Nevada where you can choose from … There are also classes for those who want to become home inspectors and mortgage brokers and helpful student resources on
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Brookfield bets big on insurance as real estate investments ebb

The firm is in the process of spending $6.5 billion to take Brookfield Property Partners private after the real estate wing, flush with mall and office holdings
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Black GCs Had Largest Decline In 2020 Fortune 1000

Law360 (August 9, 2021, 4:50 PM EDT) — Black men in 2020 saw the greatest loss in Fortune 1000 general counsel seats despite a year filled with
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'David Cameron imposed austerity on us while quietly banking £7million fortune'

… company Greensill collapsed were the wages of sin for a Conservative ex-Prime Minister who imposed austerity while banking an obscene fortune.
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How to Increase Home Value: 7 Best Projects

With so much attention focused the housing market these days, you might be thinking of sprucing up your home. Renovation projects can be
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Financial Planner: In-depth Advice, Including for a Reverse Mortgage, Justifies 1% Fee

However, one planner says that the in-depth advice his firm offers — which in one case resulted in a client getting a reverse mortgage — justifies this
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Majority of brokers want lenders to remove pandemic-based criteria – poll result

During the pandemic lenders brought in a range of measures to ensure that they lent responsibly, such as requiring larger savings in reserve, removing
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Investment Firm Pleased With Top Reverse Mortgage Lender, Indicates Possible Future Purchases

Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released its Q2 2021 earnings results, and has once more touted the success of its
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Broadmark Realty Capital Announces Second Quarter 2021 Results

the current and future health and stability of the economy and residential housing market, including any extended slowdown in the real estate markets as
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A Family Affair: Multi-Generational Homes Lead Canadian Housing Trends

Returning to a tendency last seen at this height in the 1940s, multi-generational housing is now one of the largest growing trends on the Canadian real
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China's New Oil Giants Flourish in Xi's Clean Energy Wave

Still little known in international trading circles, companies like Jiangsu … Petrochemical Co. are now poised to become more influential in global
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HSBC Lures $9.3 Billion in Private Banking Inflows in Asia

Its Asia wealth balances — which include its Premier & Jade deposits and global private banking client assets — reached a record of about $810 billion,
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Independent review of the Banking Code of Practice

The Report discusses the merits of requiring banks to disclose to customers if the bank reported adverse repayment history information, ultimately
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Real estate tycoon Robert Durst, accused of killing his close friend, will take the stand

Los Angeles (CNN) Robert Durst, the eccentric millionaire subject of the HBO crime documentary “The Jinx,” will soon take the witness stand in his
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Russian central bank may sell nationalised lender to 'strategic investor'

It placed Mikhail Zadornov, an experienced banking executive and former finance minister, in charge of the bank in January 2018. In April, Zadornov
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Asia Stocks to Drift; Yields Climb With Dollar: Markets Wrap

The Japanese yen was little changed at 110.32 per dollar; The offshore yuan traded at 6.4855 per dollar; The Bloomberg Dollar Spot Index rose 0.2%
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Stop & Shop to keep some in-store People's United bank branches

-based grocery chain is part of Ahold Delhaize USA. Along with the M&T merger, People's cited changing customer banking preferences and retail
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First Foundation Bank Appoints Tim Cody as Senior Vice President, Managing Director of …

First Foundation Bank Appoints Tim Cody as Senior Vice President, Managing Director of …

Tim's expertise in construction lending will complement our offering perfectly.” Cody brings over 30 years of banking experience with 20 of those years
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Fitch Downgrades Education Lending Group, Inc. – CIT Education Loan Trust 2005-1; Outlook …

Fitch Ratings – New York – 09 Aug 2021: Fitch Ratings has downgraded the ratings on the class A-4 and class B notes in Education Lending Group,
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Compass Beats Estimates as Brokerage Rides Hot Housing Market

“Compass agents strongly outperformed their peers in one of the most competitive real estate markets in recent memory,” Reffkin said in the statement,
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Granite Point Mortgage Trust Inc. Reports Second Quarter 2021 Financial Results and Post Quarter …

NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced its
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Here Comes The Boom

Home values have soared, buyer demand skyrocketed, and mortgage rates hit all time lows. Overall, it's made the real estate market one of the few
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Ecuador central bank doubles BIS credit line

The Central Bank of Ecuador has doubled its emergency credit line with the Bank for International Settlements, said governor Guillermo Avellan.
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Local realtor breaks down housing market

PLATTSBURGH | It's a phenomenon that even the Vice President of the Clinton County Board of Realtors and local Associate Real Estate Broker Kira
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Circle Wants to Become Chartered Crypto Bank Amid Crackdown

U.S. bank chartering is controlled by the Office of the Comptroller of the Currency, which had issued some crypto-friendly charters during the Trump
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He was a banker to the world's richest families. Now he has his own $4.9b fortune

The 62-year-old founder of BDT Capital Partners has quietly amassed a $US3.6 billion ($4.9 billion) fortune, according to the Bloomberg Billionaires
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Santa Barbara's Multifamily Investment Market Continues to Recover

By Brian Johnson 2021 President Santa Barbara Association of Realtors. The multifamily housing investment market for the south coast of Santa
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KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2021-GR2 (GSMBS …

The transaction is backed by prime agency-eligible investment-purpose mortgage loans. The pool comprises 1,716 first-lien, fixed rate residential
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Case for end to bond bull run historically strong – M&G's Leaviss

(Reuters) – The current economic environment offers the best chance bond bears … This has been talked about since I started in bond markets in 1992! … year 2020's end, across asset classes including bonds, real estate and stocks.
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Banker to world's richest families has a $4.9b fortune

How does billionaire banker sound? The 62-year-old founder of BDT Capital Partners has quietly amassed a $US3.6 billion ($4.9 billion) fortune,
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Compass Reports Second Quarter 2021 Results

“Compass has nearly doubled its share of the national residential real estate market over the past year, and this record quarter validates our vision that
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Invesco Mortgage Capital Inc. stock falls Monday, underperforms market

Shares of Invesco Mortgage Capital Inc. IVR, -1.25% slid 1.25% to $3.15 Monday, on what proved to be an all-around mixed trading session for the
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Earth Is Getting Hotter and It's All Your Fault

This is Bloomberg Opinion Today, a lab-grown nugget of Bloomberg … in this century than the last,” Bloomberg News reports, citing the IPCC report.
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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2021 Results

FARMINGDALE, N.J., August 09, 2021–(BUSINESS WIRE)–Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the
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US99 disc jockey is selling homes too

Walker has been licensed in real estate and helping friends and family with their home purchases for a few years, but with the up-tempo housing market
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Consumer Inflation Expectations Hit Eight-Year High in Fed Study

… odds with indicators of inflation compensation in financial markets, like the 10-year breakeven inflation rate derived from inflation-protected Treasury
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Zigg Capital Participates in Real-Estate Tech Rebound

Broad market conditions made it harder for real-estate startups to raise capital, reflected in a drop in venture funding in 2020. Prominent startups Knotel
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Houston's NextGen Real Estate expands with new commercial division

Houston's NextGen Real Estate expands with new commercial division

Commercial real estate isn't often associated with next-level luxury, but this is the NextGen difference: an ultramodern design featuring high ceilings and
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ABC Carpet & Home faces takeover by lenders

Lenders to ABC Carpet & Home, the more than century-old New York luxury home goods retailer, are mulling a distressed takeover of the company
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Fortune Brands Home & Security Inc. stock outperforms competitors despite losses on the day

Shares of Fortune Brands Home & Security Inc. FBHS, -1.53% shed 1.53% to $98.20 Monday, on what proved to be an all-around rough trading
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Steven Plaisance Named President of Mortgage Banking for Gateway First

Plaisance currently serves, and previously served, on a number of advisory boards for Fannie Mae and Freddie Mac. He is also very active in
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Fortune 500 company buys local cybersecurity firm

It ranks 161 on the Fortune 500 list. The sale of Focal Point adds yet another name to the growing list of Tampa Bay-based and homegrown
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Senators reach a bipartisan deal on controversial crypto requirements in the infrastructure bill

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. A bipartisan group of senators struck a compromise on a
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Maskless woman's tirade in NJ bank not protected under free speech, judge rules

Bank worker Sanaa Rami, of Budd Lake, alleges in court papers she was assaulted and suffered emotional distress on Nov. 27, 2020, when Lilach
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'The industrial market is crazy right now'

Most surveys by the big real estate houses concentrate on the buying and selling of 30-foot-clear warehouses spanning 100,000 square feet and more
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How the Biden Administration's Proposed Tax Plan Could Affect Your Real Estate Business

President Biden's $1.8 trillion “American Families Plan” (AFP) proposal presents tax policy changes that will greatly affect the real estate industry,
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Low mortgage rates blunt shift to purchase market — for now

The momentum of the shift towards a purchase-dominated mortgage market was at least temporarily blunted in July, when refinance loans made up
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Judge allows Norwegian cruises to require vaccinations, despite Florida law

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Norwegian Cruise Line is setting sail out of Florida for
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To Diversify Corporate America, We Need Standards, Not Statements

Despite corporate pledges to improve diversity during the protests after George Floyd's murder, racial diversity among Fortune 1000 general counsel
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Afghanistan, Coronavirus Lend Extra Weight To Central Asian Leaders' Summit

Kyrgyzstan's Sadyr Japarov (left to right), Kazakhstan's Qasym-Zhomart Toqaev, Uzbekistan's Shavkat Mirziyoev, Turkmenistan's Gurbanguly
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Arkansas couple win 'Wheel of Fortune' RV giveaway

LITTLE ROCK (KATV) — An Arkansas couple won a new RV in a “Wheel of Fortune” giveaway. Robert “Eddie” Hightower, a retired police officer from
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LogDNA Named to Fortune Best Small and Medium Workplaces List for Second Consecutive Year

… DevOps, today announced it was selected by Great Place to Work® and Fortune magazine as one of the 2021 Best Small & Medium Workplaces™.
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How would a Bank of England digital currency work?

This legal commitment has long underpinned the heart of finance because commercial banks are required to be able to convert customers' money into
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How to Research your Users to Build Ideal Customer Profile

It appears that most startups and even well-established companies have a … Title; Company industry (Sub Industry if you are niche); Company size
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Bloomberg Markets; European Close (08/09/2021)

Bloomberg Markets; European Close (08/09/2021). August 9th, 2021, 11:10 AM PDT.
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Mortgage and refinance rates today, August 9, 2021

Looking further ahead, Fannie Mae, Freddie Mac and the Mortgage Bankers Association (MBA) each has a team of economists dedicated to
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Delta's rise highlights why companies should let employees guide return-to-office plans

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. The highly contagious coronavirus Delta variant has
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Small biz distress permeates into India's mortgage sector

Small biz distress permeates into India's mortgage sector

SBI, where half of all home loans are to non-salaried borrowers, witnessed a deterioration in mortgage asset quality in the June quarter. Read Full Story.
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IBM (NYSE:IBM) is Stabilizing and Needs to Perform Before Investors Regain Confidence

International Business Machines Corporation (NYSE:IBM) has been on a long, slow and painful decline over the last few years. It is no longer a
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Challenger Banks vs. Traditional Banks: Reimagining the Race to the Top

Challenger banks, or neobanks as they're commonly referred to in the U.S., are banks that operate exclusively online without traditional physical
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Kroger's former real estate chief launches private investment fund

His grandfather started with Kroger in the 1930s in the St. Louis market. Even though his dad is supportive of the move, he reminded Hodge this is a 90-
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Expand Medicaid, Crush “Predatory Lenders” — How Medical Debt Fuels Financialization

Such lenders are not politically popular, however attempts to regulate products like payday loans often cause more harm than good. Low-income
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Fitch Expects to Rate RATE Mortgage Trust 2021-J2

The borrowers have a strong credit profile (783 FICO and 32% DTI) and moderate leverage (78% sLTV). The pool consists of 93.1% of loans where the
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Minister Rodriguez announces Shop Local investment in Quebec

… for Honoré-Mercier, and Rachel Bendayan, Parliamentary Secretary to the Minister of Small Business, Export Promotion and International Trade and
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Statement of Michael R. Bloomberg on the Intergovernmental Panel on Climate Change's Sixth …

To respond to the climate crisis with the urgency that is required, it's clear what we need to do: Drive down carbon emissions and transition to a clean
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Binance.US CEO resigns

Under Brooks' leadership, the OCC began allowing banks in July to provide cryptocurrency custody services and store cryptographic keys. And this
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Op-Ed: Opening Schools Should Be Priority No. 1 | Mike Bloomberg

By Michael R. Bloomberg. Over the long course of the Covid-19 pandemic, one comforting fact has been that children have been at very little risk from
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11 Stocks That Analysts Love But Investors Are Ignoring

The other non-energy stocks we found were Fidelity National Information Services (FIS), Baxter International (BAX), Teleflex (TFX), AES (AES), PTC (
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Mortgage rates on Aug. 9, 2021: Rates increase

Average interest rates for the 15- and 30-year fixed mortgages both increased, while the average rates for the 5/1 adjustable-rate mortgage also rose.
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Fitch Rates M/I Homes' Senior Notes Offering 'BB'/'RR4'

This strategy reduces the risk of downside volatility and impairment charges in a contracting housing market. Land and Development Spending: MHO
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Time's Up's Roberta Kaplan Resigns After Fallout From Cuomo Scandal Grows

… in the attorney general's report because “multiple inaccuracies have been circulating,” according to a statement provided to Bloomberg News.
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Soaring home prices are spooking buyers

Freddie Mac's recent PMMS reported mortgage rates at 2.77% for the week ending August 5. “With global market uncertainty surrounding the Delta
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ATTOM: Surging Home Equity Indicator of Healthy Housing Market

“The huge home-price jumps over the past year that helped millions of sellers earn big profits also kicked in big-time during the second quarter for
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Fitch Downgrades COMM 2014-CCRE20 Mortgage Trust

Fitch Downgrades COMM 2014-CCRE20 Mortgage Trust. Mon 09 Aug, 2021 – 2:22 PM ET. Fitch Ratings – Chicago – 09 Aug 2021: Fitch Ratings has
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Rocket Mortgage launches Detroit Home Loan+, offering home buyers $2500 in closing cost credit

DETROIT – The Detroit lender Rocket Mortgage has announced a new city-specific housing loan will ease the closing costs of purchasing a new home
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Should You Consider Investing in SAP SE (SAP)?

The FMI International portfolios gained approximately 4.7% (currency … Hedge funds' reputation as shrewd investors has been tarnished in the last
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Money Stuff: The SEC Has Some Crypto Complaints

This seems like bad news for DeFi lending protocols. … Bloomberg's Joe Weisenthal writes about “Why Some Bitcoiners Don't Care About Changing
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EBRD lending 5 mln euro to ProCredit Serbia for green investments

EBRD lending 5 mln euro to ProCredit Serbia for green investments

EBRD lending 5 mln euro to ProCredit Serbia for green investments. Photo: EBRD. BELGRADE (Serbia), August 9 (SeeNews) – The European Bank
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LatAm Banking Systems Tested by Political and Social Unrest

The bank Operating Environments (OEs) of Argentina, Bolivia, Costa Rica, El Salvador, Nicaragua and, to a lesser extent, Peru face higher downside
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See uptick in revenues and margins from new business verticals: BLS International Services

See uptick in revenues and margins from new business verticals: BLS International Services. Updated : August 09, 2021 19:17:01 IST. BLS International
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First Horizon Bank's VirtualBank Brand Goes Live on Finxact Core

First Horizon Corp., with $87.9 billion in assets as of June 30, 2021, is a … capital markets, fixed income, mortgage, and title insurance services.
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Stake sale could value Hella at $9.4 bln – Bloomberg News

The looming sale of a 60% stake in Hella could value the German automotive lighting group at about 8 billion euros ($9.4 billion), Bloomberg News
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Akropolis Group is expanding: It is buying shopping centre Alfa in Riga, Latvia

Alfa houses shops of such popular local and international trademarks as Zara, Reserved, H&M, Euronics, Sportland, Kidzone, Cenuklubs.lv, Cinamon,
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Michigan police cuff Black real estate agent, client at home

Police in west Michigan handcuffed a real estate agent, his client and that man's 15-year-old son after a neighbor wrongly reported that the three Black
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China Sector Report: Q2 2021

Chinese sector dispersion in Q2 was 29.55%, versus 13.53% in the US. Financials, Real Estate, Utilities, and Communication Services all
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Here's Why We Shouldn't Expect A Buyer's Market in 2022

According to a July 2021 report from Freddie Mac: “the US housing market will continue to struggle with a shortage of available housing for many
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Bitcoin's Rebound to 3-Month High Has Bulls Eyeing $50000 Again

Follow @crypto Twitter for the latest news. … requirement in the $550 billion infrastructure bill, reached a compromise, Bloomberg News reported.
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Desperate for Dividends? Consider This High-Dividend REIT ETF

… ETF (SRET) is known for its hefty yield, even by real estate sector standards. … Last Wednesday, VICI Properties (NYSE: VICI) announced that it is
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Sofield and US Building Corp. solving Fortune 500 manufacturing problems

Tommy Sofield owns several companies in the High Country, including U.S. Buildings Corp., which caters primarily to Fortune 500 companies and all
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Oaktree Specialty Lending Co. (NASDAQ:OCSL) Receives Average Recommendation of "Buy …

Shares of Oaktree Specialty Lending Co. (NASDAQ:OCSL) have earned a consensus rating of “Buy” from the six ratings firms that are currently
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Old Commodity Money Fuels Cargill-Continental Chicken Deal

The firm is still a major power in the world of commodity trading — it's the “C” in the ABCDs, the acronym for the quarter of giant agricultural merchants
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Downtown real estate firm cautiously optimistic

… according to Jim Mark, CEO of Melvin Mark Companies, a commercial real estate firm. Now that the delta variant has led to an increase in COVID-19
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What Does Import Export Data Predict About the Future of Global Trade?

While the world economies are set to overcome the turbulence of the COVID-19 pandemic and tariff wars between the giants, global trade is all set to
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A Black real estate agent wanted to show a house to Black clients. They ended up handcuffed at …

WOOD-TV reported that a Black real estate agent and clients were handcuffed at a house viewing. While the police dept. in Michigan denied race was a
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Reading International Reports Second Quarter 2021 Results and COVID-19 Business Update

CULVER CITY, Calif., August 09, 2021–(BUSINESS WIRE)–Reading International, Inc. (NASDAQ: RDI) (the “Company”), an internationally diversified
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Home Purchases Begin to Eclipse Refis

… with the latest Freddie Mac Primary Mortgage Market Survey (PMMS) finding the 30-year fixed-rate mortgage (FRM) averaging 2.77% for the week
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Rocket Mortgage's Rebecca McDonald on product strategy at the fast-growing lender

Rebecca McDonald, chief product officer at Rocket Mortgage, Pam Perry, Single-Family vice president of Equitable Housing at Freddie Mac, and
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