Finance Debt

The credit crunch is becoming increasingly evident according to the Mortgage Bankers Association (MBA). Its mortgage loan availability index tear down at a reading of 125.0 in June, a 3.3 percent loss. A drop in the index indicates tighter lending standards. Joel Kan, associate vice president of economic and industrial …

Citigroup (VS) – Get a report posted higher-than-expected fourth-quarter profits on Friday thanks in part to a $ 1.5 billion reserve release, but weaker earnings pushed stocks lower in pre-market trading. Citigroup said earnings for the three months ending in December were set at $ 2.09 per share, up 59.5% …

Many of us feel compelled to work more hours to progress professionally or to keep pace with our increasingly competitive peers. But burning the midnight oil could be harmful to our health. An estimated 22% of U.S. employees work 50 to 59 hours per week, on average, according to Sleep …

Indian banks are in big trouble. Their pile of bad debts, or stressed assets, is close to Rs 10 lakh crore now, which is more than the GDP of at least 137 countries. And besides, it just keeps growing. Stressed assets, which include non-performing assets and restructured loans, form about …

The new “Easy Score” measures the effectiveness of new customer tools MARYVILLE, Tennessee., Dec. 30 2020 / PRNewswire / – Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, continues to work to make the lending process easier for clients to understand and complete. Discover the interactive multi-channel press release …

The news of Judy Cashner’s death came as a shock to Judy Cashner. The news came from his bank, Wells Fargo, in a letter last month. The Lincoln City woman was surprised to find out she had been dead since 2019. “We are sorry for your loss and understand that …

The affordability of the home is not cut and dried There is a lot of really great real estate in every city, but in terms of ownership, some of it might as well be on Mars. The problem is money and the perennial real estate question: how much house can …

A 64-year-old man was charged with an elaborate fraud scheme in the 1990s that cost his victims $ 350,000 and resulted in several years in a North Carolina federal prison. It came out in 2003. But 18 years later, prosecutors say it started again. Charles Gilbert Murphy was sentenced on …

Borders 3 Gearbox Borderlands 3 just launched a new event this week, as part of its “mini-event” series which deploys two micro-events at once for the foreseeable future. Part of the event is that slots now have a higher chance of dropping Legendaries, finally giving you use of Money and …

Europe’s top banking supervisor has said lenders may have more time to receive capital relief if they speed up recognition of potentially deteriorating loans. Andrea Enria, chairman of the supervisory board of the European Central Bank, made the comment calling on eurozone lenders to be more daring in building up …