Wells Fargo Names Derek Ellington Head of Small Business Banking

Wells Fargo Names Derek Ellington Head of Small Business Banking

Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and
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Here's how to tap your house for cash as home prices soar

Further, nearly half of all tappable equity, or the amount a homeowner can borrow against before hitting a maximum 80% combined loan-to-value ratio,
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Here's When the Housing Market Will Cool Down, According to 5 Experts — and What You Can Do …

… Housing Wire, a mortgage news and analysis firm. High demand creates bidding wars, further driving up home prices — and leaving homebuyers at
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Fixed mortgage rates are back down to February lows after sharp decline in bond yields and …

(Points are fees paid to a lender equal to 1 percent of the loan amount. They are in addition to the interest rate.) It was 2.88 percent a week ago and 3.01
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Boston Banking Think Tank Merges with Insurance Advisory Firm

Boston-based banking think tank Aité Group announced it has merged with insurance advisory firm Novarica Inc. to form a new entity called
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Palm Beach Real Estate Is So Hot, At Least 22 Homes Sold for $40M-Plus Since Covid

It also marked the pinnacle of a dramatic market surge that has overwhelmed local real-estate agents since the beginning of the Covid-19 crisis.
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Canada ICI Acquires MFCI Capital in Montréal

Canada ICI is one of the country's leading commercial real estate finance firms, annually arranging financing in excess of $5.5 billion through its offices
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Market Street Motels Might Get Second Life As Apartments

The 7.7-acre Budgetel Inn and Motel 6 property is currently under contract with Vivo, said Nicholas Silivanch of Eastern Carolinas Commercial Real
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Ledyard National Bank Welcomes Michael Hakoun

Ledyard National Bank, founded in 1991, is a full-service community bank offering a broad range of banking, investment and wealth management
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Maine home prices up 25% in June as hot market continues

Maine's hot real estate market continued to drive up price tags on single-family homes in June, according to data released Thursday by the Maine
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Mortgage Rates – Freddie Mac

Primary Mortgage Market Survey®. U.S. weekly averages as of 07/22/2021. 30-Yr FRM. 2.78%.
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Warren, Brown Criticize Powell's Approach on Bank Regulation

Senate Banking Chair Sherrod Brown and Senator Elizabeth Warren kept up criticism of Federal Reserve Chairman Jerome Powell over his stance on
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Dallas area is a top market for new rental home communities

Demand for housing is fueling a boom in building of single-family rental homes in North Texas and across U.S.. Tennessee-based
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Online banking and gaming services hit by internet outage

Major online banking services – including Barclays, TSB, the Bank of Scotland, Tesco Bank and Sainsbury's Bank – were either entirely or partially
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20 People to Know in Banking: Ashley Duncan

The pandemic accelerated some trends — prior to Covid-19, over two-thirds of our retail clients were already using mobile and online banking. Adoption
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Cherre and HazardHub Announce Partnership to Integrate Geospatial Risk Data into Real Estate …

NEW YORK, July 22, 2021 /PRNewswire/ — Cherre, the industry's leading real estate data management and analytics platform, today announced a
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Homebuyers should rent and wait out the housing boom, experts say; high prices set a record in June

“The across-the-board increase in the premiums paid for housing throughout the state is very worrisome,” Ken H. Johnson, real estate economist and
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Canadian cities to see a wave of real estate market normalization this summer and fall

According to Engel & Völkers, this is a key luxury market trend to watch. “After an unprecedented run, premium real estate markets are normalizing
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IDB Bank Hires Mitchell Barnett to Strengthen its Commercial Banking Offering within the Apparel …

Mitch brings a vast range of expertise in all areas of banking and finance … the Bank's growth initiative in the apparel and consumer products sector.
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India considering phased roll out of central bank digital currency

India's central bank is considering launching a digital currency, according to a top executive, giving a clear indication of its intentions for the first time
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