The suggestion comes in the backdrop of about Rs 11,400 crore scam in Punjab National Bank involving billionaire jeweller Nirav Modi. âGiven the continuous pressure on the government finances on account of weak performance of the banks, the government should consider privatisation of PSBs.
See Original Article
Under the current system the most significant support provided by the GSEs, Fannie Mae and Freddie Mac, to underserved borrowers is through cross-subsidization of mortgage rates through level pricing their risk coverage, charging lower-risk borrowers a greater guarantee fee than needed to achieve
See Original Article
Ethiopia's ruling party needs âfresh forcesâ in its leadership to tackle political upheaval and achieve its economic goals after Prime Minister Hailemariam Desalegn's surprise resignation last week, a leader of his party said. Hailemariam, 52, announced Feb. 15 he's stepping down after an internal
See Original Article
The release of Fannie Mae's and Freddie Mac's Securities and Exchange Commission 10-K filings for 2017 show that while single family volume decreased over 2016, multifamily volume increased. Still, the Housing Trust Fund (HTF) and Capital Magnet Fund (CMF) both should receive larger
See Original Article
“The last house I was in for two years, I wanted to buy it, but the price went up $75,000 for no reason,” Kirkey said. “There were no improvements. I would have thought there would be negotiations, but in her mind she was thinking, 'Housing prices are going up, it's a sellers market and everyone is moving
See Original Article
Simon Dawson/Bloomberg. BOOHOO.COM PLC. -0.65. As of 11:10 AM EST. 187.60 GBp. Philip Green is staring at an ignominious end to his 50-year retail career. The billionaire is in talks to sell his Arcadia Group, the owner of Topshop, to Chinese textile giant Shandong Ruyi, according to the Sunday
See Original Article
Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two privately-owned companies that were placed into conservatorship in 2008. Since then the government has taken $271B out of the companies in the form of dividends. Shareholders are in court arguing that the government has paid
See Original Article
United Co. Rusal will name finance head Alexandra Bouriko as chief executive officer, the first time a woman will lead one of Russia's largest commodity companies, according to people familiar with the matter. Billionaire Oleg Deripaska is stepping down as CEO of Rusal and president of En+ Group Plc
See Original Article
Ten minutes spent completing our online survey could win you £500 â plus a chance to win another £500. What Mortgage has teamed up with some leading housebuilders to find out what searching for a house is really like by asking the people who really know â people like you. We are looking not just
See Original Article
Mortgage rates are definitely on the rise, but do you really understand why? Without a little bit of background in the financial markets, it can seem like the rates are set based on a whim. Lenders will have varying pricing based on their costs, and you should definitely shop around. Still, at a market level,
See Original Article
Victory Capital Management Inc. raised its stake in Marriott International Inc (NASDAQ:MAR) by 8.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,936 shares of the company's stock after buying an additional 2,151
See Original Article
When confronted during a conference in Munich on Saturday over Poland's new law that criminalizes suggestions that the Polish nation bore any responsibility for the Holocaust, Morawiecki listed Jews among nations that along with Germans were âperpetratorsâ of Nazi-era crimes. His list included
See Original Article
JACKSON, WYâ Jackson Hole Real Estate Associates (JHREA) scored big in Vegas recentlyânot in gambling wins, but in prestige. During the Annual Conference in Las Vegas, JHREA received two awards from Leading Real Estate Companies of the World, a selective global network of 565 of the
See Original Article
The home lender confirmed Thursday's layoffs of about 75 people in operations roles. Cuts were split evenly among the campuses, which include sites in Arizona and Virginia, according to a statement from Movement. Movement said its decision resulted from a change in how it handles a certain type of
See Original Article
It originates and sells loans through the programs of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac, and together with Fannie Mae, the government-sponsored enterprises (GSEs)), the Government National Mortgage Association
See Original Article
Whether you're interested in commercial or technical topics: If you want to enter the banking business after school, we'll make something of you.
See Original Article
Atlanta police say a driver for UberEATS, the ride-hailing company's food delivery service, shot and killed a customer in the city's posh Buckhead neighborhood late Saturday night. The victim was identified by a local NBC affiliate as 30-year-old Ryan Thornton, a recent Morehouse College graduate.
See Original Article
Prices also can be high in popular areas for home construction, such as the Cumberland Valley School District, where land is harder to find and home prices are higher than surrounding school districts. The size of the Newberry Township property creates a long-term opportunity for housing developers
See Original Article
The housing market has got off to an active start in 2018 with the average asking price of properties coming to market rising by 0.8% (£2,414) to £300,001 in January. Latest figures from the Rightmove House Price Index reveal demand for housing remains strong. It shows, while sellers appear to be
See Original Article
She brought Fortune 50 experience with her â primarily as a soft drink executive â to lead the Sioux-Falls based nonprofit organization that includes South Dakota and North Dakota, some counties in Minnesota and one in Iowa. Yet she enjoys seeing Girls Scouts from the ground level, too.
See Original Article