Average non-mortgage debt dropped 0.5% in Q1

Average non-mortgage debt dropped 0.5% in Q1

… demand has increased in recent weeks, led by mortgage and auto financing. Although Saskatchewan was the province with the biggest drop in debt
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FDIC Chairman: Banks a 'Source of Strength' During Pandemic, Despite Drop in Profitability

FDIC-insured banks and savings institutions earned $18.5 billion in the first quarter of 2020, a 69.6% decline from a year prior, the FDIC reported
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Late-April surge in pending Florida home sales buoys hope for real estate rebound

ORRA is among the first regional real estate organizations to post preliminary May sales figures, which appear to fall in line with Florida Realtors'
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Tucson Real Estate: Midtown El Campo shopping center gets new tenants

Brenna Lacey, with Volk Co., represented the buyer and Jesse Rozio, of GPS Realty, represented the seller. Royal Orchid Corp. bought a 10,000-square
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Sturgis Bancorp, Inc. Appoints John T. Wiedlea Chairman

Oak Title Services offers commercial and consumer title insurance. For Sturgis Bank & Trust Company updates, visit www.sturgisbank.com. This release
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Home improvement lending heating up during pandemic

Shelter-in-place orders have led to a surge in home repair and remodeling projects, providing an unexpected opportunity for many lenders. During the
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Top UK bank lobbyist resigns after derogatory comments emerge in Barclays trial

The head of bank lobby group UK Finance has resigned after being dragged … of Mortgage Lenders, UK Cards Association and Asset Based Finance
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Policy Impications of Mortgage Credit Tightening

In a new paper by former Freddie Mac CEO Don Layton, he discusses the implication that somehow much or even all of the tightening is illegitimate,
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Rolling Stock Market to Reach USD 52.92 Billion by 2027; Investment to Upgrade Railways …

This information is provided by Fortune Business Insights™ in a recent report, titled, “Rolling Stock Market Size, Share & Industry Analysis, By Product
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Nothing short of miraculous: The housing market continues to hold up

The housing market experienced a downturn shortly after the Covid-19 pandemic ground much of the US economy to a halt in March and April.
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M/I Homes – Consensus Indicates Potential 18.2% Upside

In addition, it originates and sells mortgages; and serves as a title insurance … The company was formerly known as M/I Schottenstein Homes and
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Real Estate Could Be the Best Value Option for Safe Haven Investing

As such, when it comes to diversification, real estate can offer value as a safe haven asset amid the uncertainty flooding today's market.
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For Black CEOs in Silicon Valley, Humiliation Is a Part of Doing Business

Bloomberg the Company & Its ProductsThe Company & its … software to measure audiences' reactions to video used by Amazon.com Inc., Netflix Inc.,
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Real Estate Tax & Rent Deferment

Now The Real Deal reports that the City Council has two new bills before the body that propose deferral of property taxes and rent. The first bill,
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Common Owner brings crowdsourcing to Buffalo real estate development

That's a new company formed by several local real estate, development and legal professionals to support projects that need financing in smaller
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New program set to help residents get into housing

“The Financial Opportunity Center's goal is to help thousands of Maui residents qualify for affordable rentals and mortgage financing, giving them hope
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Fitch Affirms Illinois Housing Development Authority's GO Rating at 'AA-'; Outlook Stable

IHDA provides low-cost financing programs and financial assistance for homeownership, multifamily rental housing and community building. Since its
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Cboe Global Markets, Inc. (CBOE) Upgraded to Buy: What Does It Mean for the Stock?

Cboe Global Markets, Inc. (CBOE) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially
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'House prices are back to their pre-COVID pace': Home builder confidence rebounds as property …

Builders are far more upbeat on the trajectory of the housing market, even as the coronavirus cases rise in many parts of the country
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Coronavirus impact: WFH, sealing of borders making people rent homes in peripheral areas

“Millennials' new-found preference for buying rather than renting homes are among the most prominent new residential real estate trends of the
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