Existing-home sales, prices increase as inventory shrinks faster than ever

Existing-home sales, prices increase as inventory shrinks faster than ever

“Mortgage rates are still hovering around 3 percent, and ongoing demographic trends continue to support housing demand,” said Dr. Luis Torres,
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Carrier Global Corp. stock outperforms market on strong trading day

Shares of Carrier Global Corp. CARR, +0.24% inched 0.24% higher to $46.10 Wednesday, on what proved to be an all-around dismal trading session
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The science of carbon banking: Explained

The idea behind carbon banking is that, by changing their farming practices, farmers can store carbon in the soil, helping to reduce carbon dioxide gas
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Farm Lending Remains Strong in 2020- American Bankers Association Report

The ABA update indicated that, “Amid the deepest economic contraction in modern U.S. history, total agricultural lending by farm banks decreased 1.8%
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Savanna bags Target for One Court Square retail

Savanna, the New York City-based real estate investment manager, … “The transaction establishes a true anchor retailer that further validates One
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Don't spend a fortune on makeup, these products are $15 or less

You don't have to spend a fortune on makeup. Makeup Artist Jocelyn says for $15 dollars or less, you can get amazing products that work just like the
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Hot stock: Occidental Petroleum surges as gas prices climb

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Shares of Occidental Petroleum Corporation were up
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Guaranteed Rate's Top LO Hits $1B Milestone In Record Time

He was also featured on the cover of the November 2020 issue of National Mortgage Professional Magazine, where he was interviewed about hitting $1
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Digging into Bitcoin's energy problem

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Bitcoin may not require pickaxes or other mining tools of
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SCOTUS rules structure of agency overseeing mortgage companies is unconstitutional

The justices have sent the case involving Federal Housing Finance Agency back to a lower court for additional proceedings. That agency oversees
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Biden to replace Fannie-Freddie regulator after court ruling

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. President Joe Biden will move immediately to replace
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Elon Musk in Crypto Radio Silence As Bitcoin Swoons; Housing Market Red Hot

A tight supply of existing houses, low mortgage rates and strong demand sent prices 24.4% higher in May, the National Association of Realtors
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Biden to replace housing finance chief after US Supreme Court ruling

WASHINGTON — The U.S. Supreme Court on Wednesday made it easier for President Joe Biden to remove the head of the federal housing finance
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Authentic Brands Buys Izod, Van Heusen in $220 Million Deal

Its recent growth has Authentic considering an initial public offering, Bloomberg News has reported. Last July, PVH said it would close its 162
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'Credit washing' scams harm lenders and honest borrowers

It's a scam that disadvantages identity theft victims and harms the ability of lenders to accurately underwrite loans, and it's time for policymakers to act.
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Report: Decreased housing mobility contributes to the housing crisis | Nation & World

As a result, the housing market becomes stalled, there are fewer affordable options to move around, or competition is so fierce that it is nearly
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Scaling Community Finance to Fill a Growing Market Gap

Most CDFIs also lend from their balance sheet. Whereas a traditional bank may make a loan, and then sell that loan to another lender or investor to free
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"Most bankers are still working 80 hour weeks in their 40s"

For those who don't recognize the name, Michel is the ex-Goldman Sachs associate turned academic who specializes in studying bankers. She
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Fitch Upgrades iStar's Long-Term IDR to 'BB'; Outlook Revised to Stable

iStar's ratings remain supported by its unique platform relative to other commercial real estate (CRE) finance and investment companies, improving asset
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Apple Says Third-Party App Stores Would Open iPhones to Scammers

Last year, the European Union published a draft of its Digital Markets Act, which could also force Apple to allow third-party app stores. The push by
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