COVID-19 vs Retail: Mall of America misses another mortgage payment

COVID-19 vs Retail: Mall of America misses another mortgage payment

National Mortgage News reported last week that Starwood has missed two monthly payments on securitized debt attached to five shopping malls – all
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Modernising the securities lending infrastructure

OCC has set out a vision to establish a permissioned distributed ledger network for cleared securities lending transactions. The role of the Options
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Westpac Banking Is Stuck On My Avoid List

However, I kept WBK on my radar because I watch the Australian economy closely, and the dividend yields offered by the banks there offer relatively
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JLL arranges loans for Phoenix multifamily projects

The loans were serviced by Jones Lang LaSalle Multifamily LLC, a Freddie Mac Optigo lender. The JLL Capital Markets team representing the
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Evolving Mortgage Default Rates Point To Bullish Case For Mortgage Insurers

They began reporting this figure for Fannie Mae/Freddie Mac as well in the back half of May. Source: MBA Weekly Reports. As can be seen, the growth
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Rickie Fowler, Bryson DeChambeau, Patrick Reed committed to Rocket Mortgage Classic …

DETROIT (WXYZ) — Phil Mickelson is no longer playing in Detroit's Rocket Mortgage Classic, but tournament officials say Rickie Fowler, Patrick Reed,
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Midwest Top Producers said affordability issues need to be addressed

Addressing housing affordability issues was the top unmet market need for several of the top mortgage producers in the Midwest, the 2020 National
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Top Analyst Upgrades and Downgrades: Darden, Disney, DuPont, EOG, Lululemon, Micron …

Some analyst reports cover stocks to buy, and some cover stocks to sell or … (NYSE: HUN) was downgraded to Neutral from Buy at Seaport Global.
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PennyMac Mortgage Investment Trust Declares Second Quarter 2020 Dividend for Its Common …

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees
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PennyMac Mortgage Investment Trust raises dividends by 60%

PennyMac Mortgage Investment Trust (NYSE:PMT) declares $0.40/share quarterly dividend, 60% increase from prior dividend of $0.25. Forward yield
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Pent up demand in LA County housing market unleashed in May

Relaxed restrictions on in-person showings at the end of April caused home shoppers to flood the LA County real estate market in May. Encouraged by
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4 Steps to Get Your Finances in Order Before Buying a Home

But you don't have to spend your entire life prepping and saving, especially when you find the right loan. There are some ways to get your finances in
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Fed's Rosengren reports 'tremendous interest' from businesses for loan program

“Lenders are determining how they'll participate in and communicate about the program. Borrowers will need to persist during this ramp-up phase.” The
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GLS Onlinebanking


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Banking while black: How a new generation of leaders is overcoming a legacy of discrimination …

In 1865, the United States chartered a hopeful, new bank—the Freedman's Savings and Trust Co.—that was intended to help newly liberated slaves
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Why economists expect good news for housing and employment this week

Wall Street expects another week of declines in claims for unemployment and good news from the housing market as the U.S. economy recovers from
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The private jet industry has seen a wave of first-time plane buyers since the pandemic began. Here …

Here are the top 8 jets they're buying. … Jetcraft, one of the world's leading aircraft sales and acquisition firms, is responsible for over 20 transactions
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Appraisals at a Distance

Fortunately, web-based services using real estate Proptech are making … the quality of comparable properties and deliver market trending analytics,
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This Week In Payments: Digital Banking, Financial Literacy And Expanded eCommerce Competition

Ranchere said that's most observable in the world of challenger banks, as investors reevaluate the core value such firms offer — and their sky-high
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MBS RECAP: Putting MBS Underperformance in Perspective

At times (like today), we may see the mortgage market weaken while Treasuries improve. Today's video breaks that down in easily digestible detail.
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