Congress Has a Chance to Overturn Trump's Rent-A-Bank Rule

Congress Has a Chance to Overturn Trump's Rent-A-Bank Rule

The “rent-a-bank” or “fake lender” rule, as it's being called, allows non-bank lenders (such as payday loan lenders) to launder their loans through
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Rexford Industrial Announces $69 million of Acquisition Activity

LOS ANGELES, March 31, 2021 /PRNewswire/ — Rexford Industrial Realty, Inc. (the “Company”) (NYSE: REXR), … California infill markets, today announced the acquisition of five industrial properties representing 382,314 square
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PFC, REC Reduce Lending Rates By Up To 2 Percentage Points

The new lending rates will be effective from April 1, 2021. This initiative was undertaken to offer competitive rates, in line with the rates being offered by
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Central banks considering interlinked CBDC options

Central banks are weighing up several options for linking together their proposed digital currencies, according to a new survey by the Bank for
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Tower 2 breaks ground at CIBC Square in Toronto

31, 2020, and is a real estate subsidiary of the Caisse de dépôt et … Its current property and asset management portfolio includes 576 properties,
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Black CEOs Condemn Voter Curbs, Urge Peers to Fight Back

“We share the view of other corporate leaders that it's not only right but essential for the business community to stand together in opposition to the
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Toll Brothers Announces 100 West Coming Soon to Anaheim, CA

Toll Brothers, Inc., a FORTUNE 500 Company, is the nation's leading … The Company operates its own architectural, engineering, mortgage, title, land
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Stifel, Jefferies Exit Louisiana AG's GSE Bond-Rigging Case

… bonds issued by government-sponsored enterprises like Fannie Mae and Freddie Mac, ruling the state blew its last chance to keep them in the case.
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IEA chief: World has 'no chance' at climate goals if people keep buying SUVs

… buying gas-guzzling vehicles if countries intend to meet the goals of controlling climate change, one of the world's leading energy economists says.
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Summers Lauds Biden Infrastructure Plan After Attacking Stimulus

… about the green aspects,” Summers said Wednesday, after the plan was unveiled, in an interview with Romaine Bostick on Bloomberg Television's
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Realtors benefitting from best housing market in years, despite COVID-19

KIRKSVILLE, Mo. — Going into the pandemic, there was concern over how the various markets were going to handle the stress, especially markets
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Spruce Unveils New Automated Underwriting Tool

The automated underwriting model is being launched in conjunction with Spruce's partnership with American Digital Title Insurance Company, which
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Apply for Missouri COVID rental or utility aid starting April 1

… $7 million in federal CARES Act funding to establish a rental and mortgage assistance program. … Our website and live video streams operate 24/7.
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Banks conduct internal probes over Archegos debacle

Some of the banks that collectively had more than $50bn of exposure to Archegos Capital are conducting internal inquiries over whether Bill Hwang,
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Rightsizing the Fed's emergency lending powers

It's not even about the Main Street Lending Facility — not really. It's aboutsection 13(3)of the Federal Reserve Act, a section that empowers the Fed to
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Cramer is bullish on bank and industrial stocks, cautious on tech and health care into Q2

“As the second quarter gets rolling, I think this market will become even kinder to the industrials and … the banks,” Cramer said, “and even less
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Behind a Real Housewife's vague answers about her fortune: A telemarketing scam, federal …

Behind a Real Housewife's vague answers about her fortune: A telemarketing scam, federal officials allege. Image without a caption. Jen Shah, a star
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The pandemic is a gift to poachers in Africa

Hopes that lockdowns could stymie international trade in trophies, such as rhino horn and elephant tusks, have been dashed. A drop in rhino
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Finicity plots growth in mortgage and credit in yellow sneakers

Finicity plots growth in mortgage and credit in yellow sneakers … Finicity, a bank data aggregator and consumer reporting agency, has a timely business
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Oh, the places you'll go: Lake Highlands' sizzling home market brought record-high listings

Illustration by Jessica Turner. THE YEAR OF COVID is to blame for historically low interest rates and an influx of buyers in East Dallas' residential real
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