FHFA doubles affordable housing disbursement to $1B

FHFA doubles affordable housing disbursement to $1B

These are the companies helping mortgage professionals capture market share, retain borrowers and improve margins. Mar 01, 2021 By HousingWire
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Start-up of the Week: Dokkan Joze W Loze

RIYADH: A new Jeddah-based start-up has customers going nutty for its … point” and could become the preferred currency for international trade.
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Lending Client Services Team Manager

You will provide guidance in facility management, coaching and monitoring Hub teams for all lending activities and performing other on-shore functions
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Invesco Mortgage Capital Inc. stock rises Monday, still underperforms market

Invesco Mortgage Capital Inc. closed $13.65 short of its 52-week high ($17.57), which the company achieved on March 4th. The stock underperformed
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Black Knight: Mortgage forbearances finish February with weekly increase

Portfolio-held and privately securitized mortgages saw forbearances increase by 16,000, or 2.4%, the largest weekly increase among mortgage types,
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Fitch Rates PECO Energy's First and Refunding Mortgage Bonds 'A+'

… 2021: Fitch Ratings has assigned a 'A+' rating to PECO Energy Company's new issue of $375 million first and refunding mortgage bonds due 2051.
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Microsoft wants bigger piece of cloud banking market

IBM and Microsoft are the first big technology companies to offer a complete cloud environment specialized for banks. “I do think this is something
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Lending favors white men. Surprise

The Winthrop Rockefeller Foundation released today a report on the disparity in small business lending. As I mentioned in announcing a discussion of
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Beginner's guide to banking: What you need to know to open an account

Banks can be intimidating to some people, but taking advantage of their services is one of the best things you can do for your financial well-being.
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Macy's Operating Chief Harper to depart, the post will remain vacant amid other leadership changes

Miller replaces Naveen Krishna, who held the title of chief technology officer and is leaving the company. Marla Beck, CEO and co-founder of
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Man moving to NC wins $500000 through life-changing fortune cookie

Sorzano, who is in the process of moving to Huntersville, North Carolina, used the set of lucky numbers from the fortune cookie to purchase a North
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Boingo Wireless (WIFI) Reports Q4 Loss, Tops Revenue Estimates

First American's Title Insurance and Services segment, which accounted for a lion's share of the insurer's revenues in 2020, continues to gain from
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ServisFirst names new head of private banking

A Birmingham banking veteran has been promoted to lead private banking at one of the metro's largest banks. ServisFirst Bank has named Ron
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Annaly Capital Management Inc – Consensus Indicates Potential 8.5% Upside

The company invests in various types of agency mortgage-backed … The company has elected to be taxed as a real estate investment trust (REIT).
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Bitcoin can replace dollar as international trade currency suggests Citigroup

… bank though it argues eventually it can be a success and even become the preferred currency for international trade even replacing the US dollar.
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Here's Why First American Financial (FAF) is a Solid Bet

The company remains focused on making acquisitions in order to meet its risk-adjusted return target. This Zacks Rank #2 (Buy) title insurer boasts a
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Top 2021 banking and fintech security regulations

In 2020, financial institutions found themselves forced to engage with their customers almost solely through digital channels, namely e-banking and
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Fitch Downgrades Washington Prime Group to 'C'

The capitalization rates are based on views of asset quality and current market conditions plus an additional stress to reflect further downside risk in the
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'Not the time to be concerned about a big crash' say stock market strategists

… accommodative for some time to come,” Chris Zaccarelli, chief investment officer for Independent Advisor Alliance, tells Fortune. “The time to panic is
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Greater Minnesota's housing market is broken

While median incomes, home sale prices and rents have been growing in many rural parts of Minnesota, so, too, have home construction costs.
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