Guangzhou Evergrande defeats Hebei China Fortune

Guangzhou Evergrande defeats Hebei China Fortune

SUZHOU, China, Oct. 16 (Xinhua) — Wei Shihao inspired Guangzhou Evergrande to beat Hebei China Fortune 3-1 in their first-leg tie as the Chinese
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Three local firms honored by Fortune/Great Place to Work

… ESL Federal Credit Union and LaBella Associates — have been named to the Fortune Great Place to Work top 100 for medium-sized businesses.
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Freddie Mac Completes First Single-Family Credit Risk Transfer Offering Indexed to SOFR

McLEAN, Va., Oct. 16, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today that it has priced its $1.086 billion STACR
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Study finds inequities in lending in majority-Black neighborhoods

Although redlining—discrimination in banking and lending based on someone's race or where they live—has been illegal since the Fair Housing Act
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Amazon's activist employees are sowing the seeds of unionization

Amazon Employees for Climate Justice did not make anyone available before Fortune's deadline. Amazon is America's second-largest employer, with
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Foreclosure lawsuit targets Hallandale Beach development site near Gulfstream Park

LV Lending provided a $3.3 million mortgage with a 10.5% interest rate to IAL Property Investments in October 2019. In an announcement at the time, LV
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Marketplace Lending: LendingClub Flounders, is the Market Still Viable?

Unlike the predictability (or recent unpredictability) of credit cards, marketplace lending has issues of its own. And, today we read that LendingClub is
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The concept of a secondary mortgage market: Lifeline for the Turkish real estate market?

COVID-19 has inevitably added to the external financing shortage faced in … The first MFI, the Mortgage Finance Institution of Turkey (Birleşik Ä°potek
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The average American has $90460 in debt—here's how much debt Americans have at every age

Borrowing money is often an important part of a long-term financial plan, … Mortgage loans: Gen X have the highest average mortgage balance,
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Evergrande Says It May Buy Back Dollar Bonds to Boost Confidence

Evergrande Says It May Buy Back Dollar Bonds to Boost Confidence. Bloomberg News. October 15, 2020, 10:01 PM PDT
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Main Street Lending Program Update: Webinar for Borrowers with Q&A to be Presented by the …

As we previously advised, the Main Street Lending Program is fully operational and is accepting submissions of eligible loans to nonprofit
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This stock market indicator shows a much closer election than polls are predicting

Fortune's Rey Mashayekhi wrote that FiveThirtyEight's Nate Silver considers the ISM Manufacturing Index to be the best metric for predicting elections.
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James Whelan on the Markets (Radio)

James Whelan, Investment Manager at the VFS Group, joins Kathleen Hays and Bryan Curtis to discuss the latest on the markets on Bloomberg
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Regional lender First Citizens to buy CIT in $2.2 bln deal

Near-zero interest rates have taken a big toll on the profit of regional banks, which rely more on lending for much of their business. First Citizens said
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CRE Investors: Funding Hurdles Will Be Too High for Some Asset Classes

One in four commercial real estate professionals believe some asset classes will no longer be eligible for funding as a result of the impacts of the
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Ann Arbor Employees slates $9 million for real estate debt

The $511 million pension fund's board approved the commitment to the real estate debt fund managed by Torchlight Investors at its Sept. 17 meeting
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A Private Equity Giant Thinks Workers Should Be Owners Too

… which include 21 nuclear reactors as well as solar, wind and natural-gas generating assets, people familiar with the matter told Bloomberg News.
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Santa Rosa digital lending startup CuneXus bought by Midwest investment firm CUNA Mutual

CuneXus of Santa Rosa has developed a product billed as 1-click, mobile consumer lending with no application required. Photo courtesy of Dave
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Banks need to play their part in addressing racial inequality

It's not enough to hold a home-buying seminar if the audience is not being provided lending. Also, it isn't enough to just help someone get a mortgage.
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Guild Mortgage is going public – Let's look at the numbers

Add lender-servicer Guild Mortgage to the ranks of the nonbank mortgage lenders going public. According to an amended S-1 submitted to the
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