After banking crisis, unsecured commercial paper market shows cracks | American Banker

After banking crisis, unsecured commercial paper market shows cracks | American Banker

The data also shows banks moving towards shorter obligations to obtain discounts from money-market investors hesitant to purchase longer-dated
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Bank stocks remain out of favor. Here's why we're sticking with our 2 – CNBC

Wells Fargo and Morgan Stanley are two special situations within banking. That's why we're keeping them despite Wall Street's sour attitude on the
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Today's Mortgage Rates for April 5, 2023: Rates Slide – CNET

This week, a couple of important mortgage rates fell, though rates remain high compared to a year ago. As interest rates surge, it's getting more
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This Bank Proposal Will Damage Our Economy and Make Voters Even More Resentful

Guaranteeing all bank deposits regardless of size would incite pain for our economy, financial system and, perhaps most important, our politics.
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Los Angeles-Orange County Housing Market Forecast – Real Estate

Los Angeles-Orange County Housing Market Forecast. Buyers and renters priced out of the two-county region are increasingly moving inland. By
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Fannie Mae Expands Equitable Housing Finance Plan

… its equity initiatives and has helped our partners in the housing and mortgage finance industry build on their own initiatives as well.
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U.S. International Trade in Goods and Services, February 2023 – Bureau of Economic Analysis

U.S. International Trade in Goods and Services Deficit. Deficit: $70.5 Billion, +2.7%°. Exports: $251.2 Billion, –2.7%°.
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'It's all about the banking crisis': top forecaster Jim Bianco on biggest economic risks

Jim Bianco, Bianco Research, on the banking crisis with CNBC's Melissa Lee and the Fast Money traders. For access to live and exclusive video from
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Lenders Prepare for Increase in Bad Real Estate Loans – The Real Deal

Banks and mortgage REITs are expecting real estate loan losses to rise, which would limit their ability to make new loans.
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Ipoh couple claim trial to charges of illegal money-lending | The Star

IPOH: A husband and wife pleaded not guilty at the Sessions Court here on Wednesday (April 5) to charges of operating unlicensed money lending
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North Dakota Modifies Provisions for Residential Mortgage Lenders Licensing – JD Supra

North Dakota recently enacted SB 2090 which modifies provisions applying to residential mortgage lenders. Among other things, SB 2090 requires
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Citizens Bank Cuts Staff From Home Mortgage Division – The Real Deal

Another major mortgage lender is · Citizens Bank laid off about 20 mortgage brokers in the firm's home mortgage division in New York City last Thursday
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Ouster of Residential Real Estate Council President Raises Questions – Inman

The Residential Real Estate Council removed Pam Ruggeroli from her position for reasons the trade group will not disclose, prompting an outpouring
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Sydney family struggling to pay $110k mortgage after 10 interest rate rises | news.com.au

An Australian man is knuckling down as his mortgage repayments are set to double by June this year to an eye-watering $110000.
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SoFi Technologies Stock (NASDAQ:SOFI): Mortgage Lender Acquisition Shows Ambition

SoFi Technologies (NASDAQ:SOFI) is branching out, particularly through the acquisition of a mortgage lender. It's a bold move and possibly a
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US 30-Year Mortgage Rate Falls to Seven-Week Low of 6.4% – Bloomberg

US 30-year fixed mortgage rates fell for a fourth-straight week, though applications to buy a home declined for the first time in a month.
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Cash App founder Bob Lee dies; he was reportedly stabbed | The Seattle Times

— With assistance from Karen Breslau and Hannah Miller. More stories like this are available on bloomberg.com. ©2023 Bloomberg L.P.. This story was
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The spiraling banking crisis is leaving traders divided, Jim Cramer says – CNBC

The spiraling banking crisis has prompted concerns about liquidity, credit, and defaults, leaving traders split into camps that Cramer is
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This banking crisis is nothing like 2009. Small businesses are contingency planning anyway.

Small businesses across the U.S. anticipate a credit slowdown in the aftermath of the recent failures of Silicon Valley Bank and Signature Bank.
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CIBC CEO says mortgage aid for homeowners sustainable for 'foreseeable future'

CIBC has about $52 billion of variable-rate mortgages with monthly payments that aren't even covering interest. Read more.
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