MassHousing Crosses $1B Threshold in MAP Lending

MassHousing Crosses $1B Threshold in MAP Lending

Although limited by statute to lending in Massachusetts, MassHousing ranks among the top 30 HUD lenders nationally. “The MAP platform allows
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Aspen Club banking on Skype hearing for bankruptcy case

The coronavirus pandemic is the impetus of a dispute over how a pivotal hearing in the bankruptcy case of The Aspen Club and Spa will be conducted
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Canada Banks Approve $2 Billion of Business Loans in Plan Debut

(Bloomberg) — Canada's five biggest banks approved about 69,000 in loans on the opening day of the federal government's relief program for small
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Banks face rush of applications for COVID-19 assistance

The nation's banks were still receiving guidance late April 2 on the $349 billion federal loan program aimed at helping small businesses stay afloat
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New Jersey Home Prices Head for 12% Drop on Bottom-Feeder Feast

The housing market in New Jersey is about to get crushed. Home sales in the state, second only to New York in coronavirus cases, may fall as much
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Banking and finance regulatory news, April 2020

Global systemically important banks annual assessment – the BCBS will conduct the 2020 global systemically important bank (G-SIB) assessment
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Will the housing market crash?

During the global financial crisis in 2008, house prices in Malaysia continued to steadily rise despite negative GDP growth. This time around, Bank
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Pending sales down, listings up as Eugene/Springfield real estate market faces pandemic

– The coronavirus pandemic is hitting the Oregon economy hard. That includes the real estate sector in Eugene/Springfield, where pending home sales
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The Sailer Report: How pandemic is changing multifamily market

Fannie Mae and Freddie Mac purchase and guarantee mortgages through the secondary mortgage market. Coe said that investors in the value-add
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UK housing market: Renters will be hit hardest by coronavirus crisis

UK housing market: Renters will be hit hardest by coronavirus crisis. BRITAIN'S renters will be hit harder than homeowners in the financial fall-out of the
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Fabled Singapore Oil Trader Appoints Advisers Amid Bank Squeeze

Ltd. has appointed advisers to help in talks with banks as some of them freeze credit lines to the firm, according to people with knowledge of the matter
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Virus puts brakes on housing market

BOSTON — When Rebeka McBride and her husband put their home in Washington state on the market in early March, the coronavirus outbreak was
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Digital Banking: AMTD International Confirms its Secondary Listing on the Mainboard of the …

The company has a market cap of SGD3.9 billion. The AMTD Group has acquired a digital banking license in Hong Kong. The firm's virtual bank, Airstar,
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Coronavirus: Okanagan real estate market adapts to new conditions

Coronavirus: Okanagan real estate market adapts to new conditions. By Jules Knox Global News. Posted April 9, 2020 8:12 pm. Updated April 9
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Convicted murderer released from Rikers over COVID-19 fears busted for bank robbery

About a week later on the morning of April 7, Little allegedly tried to rob an Apple Bank on Irving Place in Gramarcy Park, police said. He wore a face
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A Liquidity Vehicle for Mortgage Servicing Advances Is in Consumers' Best Interest

Unfortunately, while borrowers are not making mortgage payments during forbearance, mortgage servicers are still contractually required to pick up the
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Check Aadhaar/Bank Linking Status


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PBOC to boost key quotas for smaller banks

The central bank will guide small and medium-sized banks to offer loans to small businesses at favorable rates through the implementation of
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WNY Real Estate Faces Changes in COVID-19 Market

“Right now is generally the peak of the market between now and say mid-June and the first of July,” said Peter Hunt, chairman and CEO of Hunt Real
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