Banking news roundup, May 25, 2023 | American Banker

Banking news roundup, May 25, 2023 | American Banker

… CDFI certification, Klarna adds a credit opt out, Amazon enables biometric-powered alcohol payments and more in this week's banking news roundup.
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Quaker Valley real estate taxes going up 2.9% | TribLIVE.com

Quaker Valley property owners will see their real estate tax bills go up 2.9% in the coming school year as part of the school district's 2023-24
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Veterans Village gets $10,000 check from Movement Mortgage | Local News | tribstar.com

Harris and Vitaniemi have been longtime mortgage lenders in the area who recently opened a local branch of Movement Mortgage.
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JPMorgan tells 1000 First Republic employees they'll lose their jobs – Bloomberg News

(Reuters) – JPMorgan Chase and Co has notified about 1000 First Republic Bank employees that they are not being given jobs, even temporarily, …
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PSA: The Upcoming ALAN WAKE 2 Will Be A Digital-Only Title – Fangoria

No physical copies of the game are being produced and, according to a FAQ about the game from Remedy. This same FAQ also explains the company's
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Did Heather Rae Young Lose A Fortune After Not Being Featured In Selling Sunset Season 7?

Fans of the Netflix real estate reality show have noticed Heather Rae Young's diminished role which may have caused a notable change in her net
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Hearing on Challenges Facing International Financial Institutions | C-SPAN.org

A House Financial Services subcommittee convenes a hearing to examine challenges facing international financial institutions. Report Video Issue
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Coulee Region housing market continues to struggle | Content – WKBT

In Wisconsin, the housing market has been in a slump for the last three years. Home sales in April declined 32 percent compared to 2021 and the median
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Mortgage rates for May 25, 2023: Today's rates trending up – USA TODAY Blueprint

To determine average mortgage rates, Curinos uses a standardized set of parameters. For conventional mortgages, the calculations are based on an owner
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Tina Turner proved the power of career reinvention – Fortune

The Broadsheet is Fortune's newsletter for and about the world's most powerful women. Today's edition was curated by Kinsey Crowley.
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Trade once hurt Detroit. Biden is promising it will be different this time. – POLITICO

For the Biden administration, Detroit's symbolic appeal as a host for this global confab is obvious. It epitomizes the resurgence of American
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Sonoma, Marin business leads from commercial real estate transactions: May 25 report

Check out which companies are leasing and buying office, retail, industrial and multifamily properties in Marin and Sonoma counties via the
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CFPB issues small business lending compliance guide | Orrick, Herrington & Sutcliffe LLP

… on lending to small businesses, defined as an entity with gross revenue under $5 million in its last fiscal year (covered by InfoBytes here).
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Fitch Assigns Final Ratings to MSWF Commercial Mortgage Trust 2023-1

The loans were contributed to the trust by Wells Fargo Bank, National Association, Argentic Real Estate Finance 2 LLC, Morgan Stanley Mortgage
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Southern California home prices have been falling. Are the drops over? – Los Angeles Times

Last year, rising mortgage interest rates chilled the previously hot Southern California housing market. Buyers backed off, sales plunged and,
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Denholtz, Redwood Real Estate break ground on 143-unit multifamily community in … – ROI-NJ

Executives from Denholtz Properties and Redwood Real Estate Group were joined by representatives of the borough of Bound Brook to celebrate the
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U.S. regional banking troubles only in 'early innings': CIBC CEO – Yahoo Finance

It's one of the reasons why the lender is sitting on the bench instead of hunting for potential deals in the regional bank sector.
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Bloomberg Markets on Twitter: "Today in Bloomberg Deals: 3D printer companies merge, Elliott …

Today in Bloomberg Deals: 3D printer companies merge, Elliott ditches a private equity brand, and Carl Icahn gets a partial victory at Illumina.
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Reinsurance Group Hires Ex-Freddie Mac Atty As GC – Law360 Pulse

At Freddie Mac, where Anzaldua served as executive vice president, general counsel and corporate secretary, he led legal and corporate governance
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Instant Reaction: Mortgage Rates, May 25, 2023 – National Association of REALTORS®

While the housing market continues to recover with home sales activity above its recent cyclical lows, these rising rates keep affordability low.
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