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Special Issue Archive
Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
July 17, 2019 02:30PM
Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But forecasted cuts by the Federal...
If you can’t beat ‘em, join ‘em: JP Morgan buys North Beach branch
June 28, 2019 05:00PM
If you can’t beat ‘em, join ‘em? Amid a surge of redevelopment in North Beach, J.P. Morgan bought its Chase bank branch to ensure...
We Company seeks $2.75B credit line ahead of IPO
May 29, 2019 06:00PM
Ahead of what would be the second largest initial public offering of the year, the We Company is in discussions with banks to secure...
JPMorgan is latest bank to shrink its mortgage division with 400 layoffs
October 05, 2018 02:30PM
One of the largest mortgage lenders in the country is laying off about 400 of its consumer mortgage banking employees as home sales slow...
National Cheat Sheet: Home loan demand hits 4-year low, Freddie Mac CEO retiring … & more
September 14, 2018 06:00PM
Home loan originations hit a 4-year-low in the second quarter, report says Interest rates are rising, and the demand for home loans has hit...
Nonbank mortgage lending skyrockets in Q1: report
June 14, 2018 05:10PM
Nonbank mortgage lending jumped nationwide in the first quarter of 2018 as some of largest banks continued to show sharp declines in home mortgages...
National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more
March 10, 2018 04:00PM
Houses are flipping at the highest level since 2006 From TRD NYC: More than 207,000 condominiums and single-family house were flipped in 2017 —...
Who will lead JPMorgan Chase next?
February 26, 2018 04:30PM
Last month, JPMorgan Chase’s chairman and chief executive James Dimon announced he would be stepping down in five years. Though an unusual move for...
National Cheat Sheet: Multifamily building boosts US housing starts, mortgage rates hit highest level since 2014 … & more
February 24, 2018 09:00AM
Multifamily building leads US housing starts higher in January From TRD NYC: A 19.7 percent increase in residential rental and condominium starts lead to...
Ram, Pinnacle sell Hollywood apartment complex for $90M
December 15, 2017 11:30AM
Ram Realty Services and Pinnacle Housing Group just sold an apartment complex in Hollywood for $90.3 million to a trust fund managed by JP...
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