[PULSE] Passing the hot potato of forbearance

[PULSE] Passing the hot potato of forbearance

All of the housing-related federal entities deserve kudos for many of their quick and decisive initiatives to help borrowers in light of COVID-19 and the
See Original Article

Epic Games nears funding at $17 bln value – Bloomberg News

… video game “Fortnite,” is close to raising a $750 million round of funding at a valuation of about $17 billion, Bloomberg News reported on Monday,
See Original Article

Virus Cases Continue to Rise, Undermining States' Reopening

Larry Kudlow, director of the National Economic Council, downplayed the spikes in an interview on Fox News on Monday, calling them “relatively
See Original Article

Over €387k spent by Department of Foreign Affairs buying luxury cars for diplomats posted …

… buying luxury cars by the Department of Foreign Affairs for diplomats posted overseas last year. The spending included purchases of three BMWs,
See Original Article

Some Americans are more likely to socially distance and wear face masks than others — here's …

Mortgage giants Fannie Mae and Freddie Mac said they had hired major Wall Street firms to advise them on raising fresh capital as they move to exit
See Original Article

Veritex Adds Depth to its Executive Management with Texas Banking Veterans James D. Recer …

Mr. Recer has served in executive level positions at some of Texas' largest banks, including Executive Vice President at Bank of America, Senior
See Original Article

The Bluerock Total Income+ Real Estate Fund Announces 30th Consecutive Quarterly Distribution …

Equities, fixed income, and real estate securities have significantly different … S&P 500: An index of 500 stocks chosen for market size, liquidity and
See Original Article

America's Newsrooms Face a Reckoning on Race After Floyd Protests

A Bloomberg spokeswoman said the company hasn't received any complaints regarding the comments. Mr. Schenker declined to comment. News
See Original Article

US Indexes End With Gains Monday

JPMorgan was selected as the financial advisor to help Freddie Mac exit conservatorship; The New York Empire State Manufacturing Index improved
See Original Article

Central Florida home sales plunge 44% in May because of coronavirus pandemic

That could be a sign that some economists and real estate agents predicted right: that the virus' effects on the housing market would be temporary and
See Original Article

FBI cites 50% surge in usage of mobile banking apps in 2020, warns of fraud risk

With mortgages being the largest recurring wire transfer, being proactive and educated is the most effective measure companies and consumers can
See Original Article

Retail Banking International Conference Virtual

Retail Banking International Conference Virtual. Facilitating a platform to refine the digital, organisational and customer focused strategy to remain at the
See Original Article

Herman & Kittle Scores $59M for Indianapolis Affordable Project

… tax-exempt permanent financing through Freddie Mac. The Indiana Housing and Community Development Authority issued the multifamily housing
See Original Article

We need to rescue the housing market

Such action would limit the damage inflicted on the housing sector by the lockdown, and ensure that smaller housebuilders and industry supply chains
See Original Article

'We've missed it': Long lines form outside shops in England

Not everywhere, though — pushing and shoving was evident at the NikeTown store on Oxford Street, London's world-famous shopping mecca, at its
See Original Article

Federal Reserve launches long-awaited Main Street lending program

Lenders must register using the lender portal and are encouraged by the Fed to begin making program loans “immediately.” Close. Administered by the
See Original Article

LGBTQ community celebrates Supreme Court ruling on employment nondiscrimination cases

The trial judge found that Title VII had been violated, but that RFRA protected … Pamela Karlan, co-director of the Stanford Law School Supreme Court
See Original Article

Monmouthshire brings in 90% lending

The lender is also offering a 75 per cent LTV five-year fix at 1.95 per cent. All products have a maximum loan size of £750,000 and command no
See Original Article

Brazilian broker XP hires local JPMorgan CEO to lead banking ops

The broker did not say when Berenguer will become the CEO of its banking unit Banco XP SA and added he needs to comply with “garden leave”
See Original Article

Dwight Capital Finances Over $233 MM in Loans in May

The mortgage includes a reduced Mortgage Insurance Premium (“MIP”) of 0.25% due to San Paulo Apartments' Green/Energy Efficient status. Managing
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.