Fortune Teller

Fortune Teller

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JPMorgan Chase Clamps Down on Mortgage Risk While Economy Reels

But the vise is not tightening for all. The government-sponsored enterprises Fannie Mae and Freddie Mac already have loosened some rules about
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Relief Money Flowing Into Small Business: ConnectOne (Podcast)

John Micklethwait, Editor-In-Chief for Bloomberg News, discusses his … TCW Group, on risks in the credit markets and his current investment strategy.
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Did You Hear? Barnes' Real Estate Drone Business Regains Altitude Amid Coronavirus Turbulence

A Daily Look at the Movers and Shakers in Commercial Real Estate. Steve Barnes' real estate drone business nearly was grounded by the
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One of Canada's largest private lenders halts redemptions

Canadian non-bank commercial mortgage lenders also froze redemptions as the underlying assets couldn't be sold fast enough to keep pace with
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How The US Municipal Housing Sector Is Bracing For COVID-19 Related Impact

With lenders already receiving requests for forbearance or other payment deferrals, we expect the full financial effects on our rated sectors will come out
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Liquidity, guidance, relief from FHFA would help CUs serve more

… Quickly providing additional clarity on how Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac will address temporary income
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Raleigh-based 'HomeRover' app hopes to keep housing market moving during COVID-19 pandemic

“Before this happened, we believed that the use of live-video technology and real estate could be a game-changer and we firmly believe that,”
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King County council member proposes freeze on rent, mortgage payments

Zahilay said the question we need to be asking is what would happen if rents and mortgage payments are not put on pause. “So many people get
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The Boundary: New VR Tech Offers Hope for the Real Estate Industry

For the real estate industry, the concept of the virtual tour is not a novel idea. However, in the pre-built prime and super-prime residential and
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PayPal signs big suburban lease to consolidate Philly-area offices

PayPal is backfilling space vacated by CRF Health, mortgage lender NewRez, and other tenants.
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The West In Danger Of Losing Global Lead: Micklethwait (Radio)

BLOOMBERG OPINION: John Micklethwait, Editor-In-Chief for Bloomberg News, discusses his column, “The Virus Should Wake Up the West.” Hosted
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Forex: Sudanese Pound hits new lows against greenback, gold

On Monday, the Ministry of Finance and Economic Planning and the World Food Programme (WFP) signed an agreement to purchase and import
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Big Banks, Readying for a Recession, Set Aside Billions

First-quarter earnings reports from JPMorgan Chase and Wells Fargo showed the country's largest banks were preparing for customer pain.
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Real Estate Market Q&A

Join us for a free webinar series each Friday morning, as Atlas Real Estate CEO, Tony Julianelle and Co-founder and Partner, Ryan Boykin share their
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US Fed to scale back repo operations

ISLA's sustainable finance council has waded into the debate on the role of securities lending and short selling during periods of market volatility.
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Banks' big, fat dividends are under fire as profits plunge

New York (CNN Business) America's big banks paid out fat dividends to shareholders during the Great Recession, leaving them with less capital to
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Number of mortgage loans in forbearance jumps, industry survey shows

The share of mortgage loans in forbearance rose to 3.74% from 2.73% during the reporting period, the industry lobbying group said. Ginnie Mae loans
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Opinion: City should suspend rent and mortgage collection

By forgoing property taxes and suspending mortgage and rent payments, the city could immediately help nearly everyone in town weather this
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Bloomberg News Reportedly Tried to Silence Wife of Fired Reporter With NDA

I was not a human being,” Leta Hong Fincher told NPR, revealing that lawyers for Bloomberg News pressured her to sign a nondisclosure agreement.
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