Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a […]
Adam Johnston Citizens Bank & Trust Company announced this month the transition ofleadership to President/CEO, Adam Johnston. Johnston has assumed this role, bringing over 15years of community banking industry experience with a healthy educational foundation […]
As the number of lenders getting stung kept climbing in recent years, some industry stalwarts grew flummoxed by the willingness of so many bankers to eschew longstanding tenets against taking concentrated risks from a single […]
The third edition of the British Conveyancing Awards is just around the corner. Alongside a new, larger venue and a new headline sponsor in Groundsure, #BCAwards2023 is all about recognising and rewarding the herculean efforts […]
As the specter of recession intensifies amid rising interest rates, bankers and analysts widely expect loan growth to slow in the year ahead. Fourth-quarter earnings reports due this month are expected to show early signs […]
Cavco Industries, Inc. PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) is pleased to confirm that, further to the announcement on October 27, 2022, the Company completed […]
It was a heady time to start working in the industry, just as the subprime mortgage meltdown began to crumble – threatening the entire American economy in the process. “That’s kind of when I […]
NEW YORK, Dec. 22, 2022 /PRNewswire/ — Newmark has arranged a $535.8 million loan on behalf of GFP Real Estate (“GFP”), Metro Loft Management and Rockwood Capital for the acquisition and redevelopment of 25 Water […]
According to AM Best, insurers continued to follow a years-long trend by increasing their structured securities investments in 2021, with 3% growth YoY to $1.14 trillion, though indications portray an uncertain picture for 2022 as […]
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