U.Va. Community Credit Union names chief lending officer

U.Va. Community Credit Union names chief lending officer

The University of Virginia Community Credit Union announced Monday it has hired Joe Raichel as its first chief lending officer. With more than 23
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Rocket closes up 71% in GameStop-like rally as Redditers buy mortgage lender

Shares of the parent company of billionaire Dan Gilbert's mortgage lender Rocket Mortgage closed up 71% on Tuesday afternoon. Like the
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State's home mortgage programs to consolidate

The bank will transfer the servicing of most of its residential loan portfolio to the Housing Finance Agency on April 1 and likely discontinue its residential
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Sen. Warren on wealth tax: 'I think most people would rather be rich' and pay 2 or 3 cents more

Individuals with fortunes worth more than $1 billion would face an annual tax of … “But it says if you've got a fortune above $50 million, you pay on it.
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How Impactful Has The COVID-19 Pandemic Been On The US Housing Market?

Redfin highlighted some of the pandemic's biggest impacts on the U.S. housing market in a new report, including the $3.1 trillion in home value that
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China's Tencent Cloud to open data center in Bahrain

Tencent Cloud signed an agreement with the Bahrain Economic … The rise last month came as good news on the global rollout of COVID-19 vaccines
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Mint Bridging rebrands ahead of product and lending expansion

Mint Bridging has relaunched as Mint Property Finance as it sets out to grow its loan book to £250m and expand into new sectors. The lender said its
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What Is a Short Sale in Real Estate?

In this case, the mortgage lender agrees to accept less than the remaining … in this instance, you don't just want to work with any real estate broker.
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A $21 Trillion Treasuries Mystery Is Bedeviling Global Markets

“Some levered players were shaken out of their positions,” Pozsar said in a forthcoming episode of Bloomberg's Odd Lots podcast. “It's not comfortable
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Home price growth trounced expectations last year, will slow into 2022

San Diego trailed with 11% and Washington D.C. at 9.1%. Paul Centopani. Reporter, National Mortgage News.
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These Are the Stocks to Watch During Sunak's UK Budget Speech

Sunak is set to unveil proposals to revamp stock exchange listing rules as the U.K. seeks to boost the City of London post-Brexit, Bloomberg reported
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Asian Stocks Steady After US Drop; Bonds Slip: Markets Wrap

TD Securities Global Head of FX Strategies Mark McCormick speaks with Bloomberg's Alix Steel and Guy Johnson about China's warning about a
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Fitch Assigns Expected Ratings to BRAVO Residential Funding Trust 2021-HE1

Fitch expects to rate the residential mortgage-backed notes backed by seasoned first and second lien, open and closed home equity line of credit (
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China Fortune Land Defaults on $540 Million Bond

China Fortune Land Defaults on $540 Million Bond. Bloomberg Markets · TV Shows. March 2nd, 2021, 6:25 PM PST.
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Kohl's Lays Out Optimistic Outlook Amid Activist Pressure

Shoppers exit a Kohl's department store in Jersey City, New Jersey. Photographer: Jeenah Moon/Bloomberg
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Robinhood now a go-to for young investors and short sellers

Securities lending is common among brokerages, which can earn income by … The broker can then lend out securities its customers buy on margin.
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Doma, formerly States Title, will go public via SPAC

Most Popular Articles · 2021 HW Tech100 Mortgage Winners Mar 01, 2021By HousingWire Staff · Compass losing money, gaining market share Mar 01,
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'Bloomberg Markets: America' Full Show 3/2/2021

'Bloomberg Markets: America' Full Show 3/2/2021. Bloomberg Markets · TV Shows. March 2nd, 2021, 10:13 AM PST.
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FOMO returns to Australian property market

Prospective buyers are turning up in droves to bid at auctions and house prices are rising rapidly. But the Reserve Bank and the Morrison government
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Australian BNPL Self Regulation: A Good Start Though it Lacks the Force of Law

Lending quality is one of the reasons financial institutions step into this market slowly. And like it or not, lenders must help keep borrowers out of financial
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