Small biz distress permeates into India's mortgage sector

Small biz distress permeates into India's mortgage sector

SBI, where half of all home loans are to non-salaried borrowers, witnessed a deterioration in mortgage asset quality in the June quarter. Read Full Story.
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IBM (NYSE:IBM) is Stabilizing and Needs to Perform Before Investors Regain Confidence

International Business Machines Corporation (NYSE:IBM) has been on a long, slow and painful decline over the last few years. It is no longer a
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Challenger Banks vs. Traditional Banks: Reimagining the Race to the Top

Challenger banks, or neobanks as they're commonly referred to in the U.S., are banks that operate exclusively online without traditional physical
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Kroger's former real estate chief launches private investment fund

His grandfather started with Kroger in the 1930s in the St. Louis market. Even though his dad is supportive of the move, he reminded Hodge this is a 90-
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Expand Medicaid, Crush “Predatory Lenders” — How Medical Debt Fuels Financialization

Such lenders are not politically popular, however attempts to regulate products like payday loans often cause more harm than good. Low-income
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Fitch Expects to Rate RATE Mortgage Trust 2021-J2

The borrowers have a strong credit profile (783 FICO and 32% DTI) and moderate leverage (78% sLTV). The pool consists of 93.1% of loans where the
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Minister Rodriguez announces Shop Local investment in Quebec

… for Honoré-Mercier, and Rachel Bendayan, Parliamentary Secretary to the Minister of Small Business, Export Promotion and International Trade and
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Statement of Michael R. Bloomberg on the Intergovernmental Panel on Climate Change's Sixth …

To respond to the climate crisis with the urgency that is required, it's clear what we need to do: Drive down carbon emissions and transition to a clean
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Binance.US CEO resigns

Under Brooks' leadership, the OCC began allowing banks in July to provide cryptocurrency custody services and store cryptographic keys. And this
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Op-Ed: Opening Schools Should Be Priority No. 1 | Mike Bloomberg

By Michael R. Bloomberg. Over the long course of the Covid-19 pandemic, one comforting fact has been that children have been at very little risk from
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11 Stocks That Analysts Love But Investors Are Ignoring

The other non-energy stocks we found were Fidelity National Information Services (FIS), Baxter International (BAX), Teleflex (TFX), AES (AES), PTC (
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Mortgage rates on Aug. 9, 2021: Rates increase

Average interest rates for the 15- and 30-year fixed mortgages both increased, while the average rates for the 5/1 adjustable-rate mortgage also rose.
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Fitch Rates M/I Homes' Senior Notes Offering 'BB'/'RR4'

This strategy reduces the risk of downside volatility and impairment charges in a contracting housing market. Land and Development Spending: MHO
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Time's Up's Roberta Kaplan Resigns After Fallout From Cuomo Scandal Grows

… in the attorney general's report because “multiple inaccuracies have been circulating,” according to a statement provided to Bloomberg News.
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Soaring home prices are spooking buyers

Freddie Mac's recent PMMS reported mortgage rates at 2.77% for the week ending August 5. “With global market uncertainty surrounding the Delta
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ATTOM: Surging Home Equity Indicator of Healthy Housing Market

“The huge home-price jumps over the past year that helped millions of sellers earn big profits also kicked in big-time during the second quarter for
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Fitch Downgrades COMM 2014-CCRE20 Mortgage Trust

Fitch Downgrades COMM 2014-CCRE20 Mortgage Trust. Mon 09 Aug, 2021 – 2:22 PM ET. Fitch Ratings – Chicago – 09 Aug 2021: Fitch Ratings has
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Rocket Mortgage launches Detroit Home Loan+, offering home buyers $2500 in closing cost credit

DETROIT – The Detroit lender Rocket Mortgage has announced a new city-specific housing loan will ease the closing costs of purchasing a new home
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Should You Consider Investing in SAP SE (SAP)?

The FMI International portfolios gained approximately 4.7% (currency … Hedge funds' reputation as shrewd investors has been tarnished in the last
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Money Stuff: The SEC Has Some Crypto Complaints

This seems like bad news for DeFi lending protocols. … Bloomberg's Joe Weisenthal writes about “Why Some Bitcoiners Don't Care About Changing
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