Watch now: The 15 most baby boomer-dominant housing markets

Watch now: The 15 most baby boomer-dominant housing markets

… of the American dream. But first-time home buyers, especially millennials and Gen Xers, are facing an uphill battle when it comes to house hunting.
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Bank of Italy paper compares US recession-forecasting methods

… a working paper published by the Bank of Italy says. In Forecasting US recessions: the role of economic uncertainty, Valerio Ercolani and Filippo
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Looser lending restrictions: What do they really mean for borrowers?

A relaxation of lending requirements may seem like a win for borrowers, but it's not all cause for celebration. Like all things financial, the devil is in the
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Fitch Downgrades Five Classes of WFCM 2016-C34

Increase in Specially Serviced Loans/Assets: The sixth largest loan and specially serviced loan with the largest increase in loss since the prior review,
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Northeast Housing Markets Deemed Most Vulnerable to Pandemic

Economically, the housing market was one of the few bright spots this summer and fall, but its resilience may well be tested, too, and investors may
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How Virginia's 2020 Fairness in Lending Act Reforms Small-Dollar Loans

Virginia lawmakers balanced concerns about the availability of small-dollar credit with the urgency of stopping harmful lending practices, a challenge
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Guggenheim Securities Hires Joe Niemiec to Expand Middle Market Investment Banking Practice

NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) — Guggenheim Securities, the investment banking and capital markets division of Guggenheim
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How Alicia Boler Davis helped guide Amazon through the pandemic

In his new profile, Fortune's Aaron Pressman establishes her purview—hundreds of Amazon warehouses worldwide, as well as customer service—as
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Meridian enters new lending space with $28.7 million acquisition of loan portfolio from Morrison …

Meridian enters new lending space with $28.7 million acquisition of loan portfolio from Morrison Financial. Read full article. Thu, October 22, 2020,
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US existing home sales spike to fastest rate since 2006 as housing-market boom accelerates further

The US housing market has served as a bright spot in the slowing economic recovery as record-low mortgage rates drive more Americans to buy units.
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D-FW leads Texas in home sales with big jumps in prices

Dallas-Fort Worth led the state in third-quarter home sales, with prices hitting new highs. Real estate agents sold 34,668 homes in the D-FW area
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How Covid-19 affected lending, membership at Alabama credit unions

Nationally, credit unions have seen growth in mortgage loans. Mortgages grew from 49.56% in June 2019 and 50.9% in March 2020 to 51.3% in June
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Fitch Assigns Harmony French Home Loans FCT 2020-2 Final Ratings

Harmony 2020-2 is a static securitisation of French residential loans granted to individuals by Credit Immobilier de France Group (CIF Group) to finance
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Saffron answers brokers' questions on JBSP in live webinar

Saffron for Intermediaries is running a webinar to focus on Joint Buyer Sole Proprietor (JBSP) – as a first-time buyer mortgage – which includes a
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Insights on the Core Banking Software Global Market to 2026 – Industry Analysis and Forecast …

In the course of recent years, banks and financial institutions have changed exceptionally regarding administrations, offerings, and in general activities,
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NY falls behind Dallas, LA in CRE investment as deals surge nationwide

After the pandemic dramatically slowed commercial real estate deals … property transactions comprised only 1 percent of third-quarter deals, Real
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Police officer wounds 21-year-old man after shooting, pursuit in Phoenix

Mercedes Fortune of the Phoenix Police Department said officers in the area heard the gunshots and spotted the car the 911 caller described. Those
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ERS reports resurgence in consumer appetite

… by 31% in comparison to Q2. Moreover, ERS' video communications channel has seen increased usage by 3.7% compared to the previous quarter.
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Analysis: Sub-zero rates' squeeze on UK bank profits may scupper lending boom

Crucially, boosting lending to businesses and retail customers in the age of COVID-19 is far more challenging than in 2014 when the ECB rolled out
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5 tips for building a successful business banking relationship

“Business bankers are nearly unanimous when asked what is the most common mistake that small and many mid-sized business owners and CEOs
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