Long Island man continues 20-year stint in house on just 1 mortgage payment

Long Island man continues 20-year stint in house on just 1 mortgage payment

Guramrit Hanspal, who hasn't made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July.
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Sumitomo Mitsui to buy $2-bn stake in Fullerton

The company's secured lending portfolio comprises mortgage loans to retail … These include Piramal Capital and Housing Finance Ltd's recent
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Addressing Concerns About Home-Equity Loans

That is according to a LendingTree study that examines one reason why borrowers hesitate to request home equity loans—they fear their credit will
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WHO: Drug that blocks immune system overload reduces COVID-19 deaths

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Combining two inflammation-blocking drugs reduces
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Consumers — not banks — should control access to personal financial data

Large financial institutions hold vast amounts of consumer financial data. The Dodd-Frank provision, known as Section 1033, gives consumers the right
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Your Mortgage: Pros and cons of a 30-year fixed-rate mortgage

But keep in mind that a monthly mortgage payment most often includes the principal, interest rate, homeowners insurance premium, and property taxes.
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M&T Bank Makes Banking Accessible For All

Magnusmode Founder Nadia Hamilton understands what it feels like to not have access to the tools necessary to achieve everyday tasks. She grew up
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Walmart Taps American Express Veteran to Run Membership Plan

… it unveiled less than a year ago to counter Amazon.com Inc.'s Prime plan. … Officer Janey Whiteside said in a memo obtained by Bloomberg News.
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Blend hopes to be valued at $4B following IPO

Blend, which was named as one of HousingWire's 2021 Tech 100 winners, has steadily grown to be a powerhouse in the mortgage tech industry.
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Monthly rent is cheaper than monthly housing costs with a mortgage in Austin, study finds

However, once the mortgage is paid off, monthly dues are $551 more for renters. The study is based on median monthly gross rent and median monthly
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Who Would You Listen to on Crypto: Tom Brady, Dionne Warwick or Elon Musk?

“There should be regulation to define what a stable coin is and what collateralization is acceptable,” Cuban wrote to Bloomberg News in response to
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Thriving Under Pressure: Why Crypto Is Booming in Nigeria Despite the Banking Ban

In February, the Central Bank of Nigeria ordered banks to “identify persons and/or entities” who were conducting transactions in crypto or running
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These are the cities with the biggest share of homeowners in danger of foreclosure

If that trend should continue, it could threaten the strength of certain real-estate markets across the country. Many homeowners with mortgages backed
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Louisiana Homeowner Assistance Fund Plan Open for Public Comment

“More than 65 percent of Louisianans own their homes, and too many are struggling to make monthly mortgage payments during a period of historic job
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Nintendo Unveils New Switch With Bigger Screen for $350

Nintendo had been exploring a 4K-capable version of the Switch, Bloomberg reported in March. The first challenge for Nintendo ahead of the new
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European Banks' Pre-Pandemic Earnings Challenges Remain

The 20 banks reported a sharp increase in revenue in 1Q21. Strong capital markets activity and corporate and investment banking drove earnings for
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10 Most Important Title Changes In TNA History

Styles would not only become a six-time champion, but he'd also become the face of the company, considered among the best wrestlers in the world. 8
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KKR Wraps Up $2.2B Europe-Focused Real Estate Fund

Law360 (July 6, 2021, 3:20 PM EDT) — KKR has closed a $2.2 billion Europe-focused fund that will invest in multiple real estate sectors, according to
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Current Mortgage And Refinance Rates Stay Low | July 6, 2021

Over the long weekend, mortgage rates have dropped for refinancing, while those for home purchase also stayed low. If you're thinking about
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Label companies Multi-Color, Ford Dearborn merging

New York-based CD&R said the combined business will be the “world's largest label solutions company.” CD&R is buying Multi-Color from Beverly Hills,
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