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ASML Exceeds Q4 Sales Forecasts on Strong AI Chip Equipment Demand
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Alternative lenders warn against one-size-fits-all non-bank regulation
As regulators increase their scrutiny of non-bank lenders, Canada’s alternative lenders are looking to ensure borrowers, brokers and especially regulators understand their distinction from private lenders. Dan Nguyen, Executive Director, CAMLA The Canadian Alternative Mortgage Lenders Association (CAMLA) laid out those differences in a recently published position paper intended to clear any confusion. “Our alternative…
Kansas community bank says merger will enable big Iowa push
Key insight: Equity Bancshares has reached a deal to buy Lincoln Bancorp, greatly expanding its footprint in Iowa. Supporting data: Lincoln brings with it 16 branches in Iowa and $1.5 billion in deposits, positioning Equity to become the sixth-largest deposit franchise in the state. Expert quote: “Iowa has long been a growth priority for us,…
Treasury buyback strategy already tested as yields spike Thursday
Treasury buyback strategy already tested as yields spike Thursday – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising…
Tuesday’s market moves was one of the more disturbing days of late, says Goldman Sachs pro
Beneath the languished moves in the main stock-market indexes, there were some disturbing features.
California signs disaster forbearance law for mortgage servicers
The definition of “uninhabitable” is broad. For multiunit properties secured by a residential mortgage loan, if any single unit qualifies, the entire property does. Servicers must respond in writing within 10 business days, stating whether the request is approved, denied, or deficient. Denials are permitted only where compliance would conflict with existing investor guidelines, and…
