Banking

The Supreme Court will deliver its judgment tomorrow

Supreme Court to deliver judgment tomorrow in loan moratorium case, news agency says ANI. In order to mitigate the impact of COVID-19, the RBI authorized credit institutions to grant a moratorium on the payment of term loan installments due between March 1, 2020 and May 31, 2020, which was subsequently …

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Manufactured homes get a boost as inventory crunch persists

Mortgage lenders who have traditionally been reluctant to go too low in the range of house prices are increasingly interested in manufactured homes as high unemployment, inventory shortages, rising prices and higher rates make traditional houses less accessible to a growing number of borrowers. From slightly upscale structures that rival …

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2020 has left nearly a third of seniors with financial problems, new AAG poll shows

“Seniors make up our entire customer base, so it was important for us to understand how the events of the last year affected their well-being,” said AAG’s Marketing Director. Martin Lenoir. “This study showed us that not only are seniors still recovering from last year, but they have a different …

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Rising Rates Shouldn’t Slow Down Spring Home-Buying Season, Says America’s First Potential Home Sales Model

SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), a leading global provider of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s proprietary model of potential home sales for the month of February 2021 . Potential home sales in …

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How Much Credit History Do I Really Need?

What do spirits, cheeses and credit history have in common? The old adage that age brings wisdom has long prevailed in finance. It’s even a recognized part of your creditworthiness, contributing to a major factor in your credit scores, but not in the way you might think. You see, your …

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Why accurate data is essential for economic stability

The past year has been similar to the 2008 economic crisis in many ways. Both crises have been plagued by widespread unemployment, volatile financial markets and business closures. However, if there is one key difference between the 2008 financial crisis and the current environment, it is the availability, accuracy and …

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How To Refinance An FHA Home Loan: FHA Mortgage Refinance

Getting mortgage refinance is quite a complex process. Here is a general overview of the steps you need to take. 1. Find out if you are eligible There are two types of FHA refinance loans – simplified or cash. Everyone has different requirements. For refinancing made easy, all you need …

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FactSet Research: Rising Yield Curve Disrupts Traditional Bank Pecking Order

In 2019, we Noted that the fall in interest rates was a net negative for banks under existing conditions. Of course, the world is a very different place in 2021 than it was in 2019, and banks are now enjoying a much more favorable interest rate environment. Half-yearly analysis 2-10 …

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Small Businesses Can Start Applying For New PPP Loans Today

(CNN) – For millions of small enterprises still struggling to Make ends meet, today is the first day to apply for a new potentially repayable federal loan. The paycheck protection program reopens Monday. But initially, it will only be available to companies applying to community financial institutions. Those are banks …

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Accurate Group Launches Remote Data Collection Technology for Virtual Property Inspections

Content of Business Wire press release. The AP press team was not involved in its creation. https://apnews.com/press-release/business-wire/technology-business-f4f7089c9f2740479fed86dd929469cf Click to copy CLEVELAND – (BUSINESS WIRE) – April 9, 2020– Accurate Group, a leading provider of technology-driven real estate appraisal, title data, analysis and electronic closing solutions, today announced the launch of …

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