SmartFi targets forward loan officers to grow reverse mortgages
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David E. Dweck Buys Debt on UES Buildings
David E. Dweck’s Turret Equities has acquired distressed debt tied to two Upper East Side condo buildings with a checkered ownership history. The buildings, 184 East 64th Street and 227 East 67th Street, have been owned by multiple people accused or convicted of fraud over the past decade. Their current owner, Continuum Analytics, defaulted on…
The one stablecoin to rule them all?
How many stablecoins do we need?I may need to create a spreadsheet just to keep track of stablecoin projects. Every day seems to bring a new one. I am not exaggerating when I say there are more stablecoins than currencies in the world. There are roughly 180 circulating currencies in the world. There are more…
Social Security’s 2027 COLA Is Set for a Double Dose of History
Key Points Making history and surpassing milestones is nothing new for America’s leading retirement program. A second consecutive year with a “Trump bump” can lead to Social Security’s cost-of-living adjustment (COLA) making history in a nontraditional way. Additionally, some retired workers should enjoy a rare silver lining in 2027. The $23,760 Social Security bonus most…
Is a 2-1 Buydown Worth It? Pros and Cons Explained
Skip to content Share this story, choose your platform! Guild Mortgage Co. is a nationally recognized retail mortgage lender with branches across 49 states and the District of Columbia. Since 1960, Guild has delivered the promise of home to neighborhoods nationwide through a team of local loan officers with expertise in Conventional and…
Banks see $68 billion in scam losses Washington misses
Key insight: Banks and payment apps, not Washington, function as the country’s de facto national scam-reporting system, holding a loss picture several times larger than the government’s. What’s at stake: The reporting gap is evidence in the live fight over whether banks should get data-sharing safe harbors or be made to reimburse more scam losses….
DWS weighs name change to boost global visibility – report
DWS is listed separately in Frankfurt, while Deutsche Bank holds nearly 80% of its shares. Credit: PhotoGranary02/ Shutterstock.com. DWS Group, the asset management business majority-owned by Deutsche Bank, is considering a name change as it seeks stronger recognition among institutional clients outside Germany, reported Bloomberg. According to the sources, the Frankfurt-based firm is planning to adopt the…
