News Feed

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Glenn McCullom
March 4, 2020 11:21 AM

Mortgage application volume increased 15.1% from one week earlier, and with interest rates still falling, even higher refinance demand is probable in the short term, according to the Mortgage Bankers Association.

2 Min Read
M&A wrap: Blackstone, Houlihan Lokey, Lincoln, Audax, Genstar, AEI, Vista, Summit, PE fundraising
March 4, 2020 10:51 AM

Private capital fundraising posted a banner year in 2019 led Blackstone closing the largest buyout fund ever. AEI, Vista, Summit, involved in PE-related deals. Houlihan Lokey and Lincoln among top investment banks. Audax and Genstar rank among top PE firms.

8 Min Read
Allissa Kline
March 3, 2020 6:26 PM

The Fed’s decision to cut its benchmark interest rate amid growing coronavirus concerns is bound to have an impact on banks, but just how broad and how deep remains to be seen.

5 Min Read
The Fed's first emergency rate cut in over a decade appeared aimed at quelling a historic market selloff sparked by the global coronavirus outbreak.
John Heltman
March 3, 2020 6:09 PM

In announcing the central bank’s emergency rate cut, Chairman Jerome Powell warned that the Fed can only do so much.

4 Min Read
By Glen Fest
March 3, 2020 3:20 PM

Ample access to cash and debt, along with strong diversification strategies built into investment portfolios, will help asset managers and junk-rated corporate borrowers absorb any near-term substantial economic headwinds, according to Fitch Ratings.

1 Min Read
Andrew Welsch
March 3, 2020 3:18 PM

From travel bans to working remotely, here is how firms including Wells Fargo, Edelman, RBC and others are preparing for a possible pandemic.

4 Min Read
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Paul Centopani
March 3, 2020 2:25 PM

While home price appreciation has lost some momentum, tight inventory and low rates could drive housing values further upward this spring if the coronavirus remains contained, according to CoreLogic.

1 Min Read
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Kayla Webster
March 3, 2020 1:14 PM

ComPsych added a webinar to its global platform to help clients’ employees cope with the global outbreak.

3 Min Read
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Brad Finkelstein
March 3, 2020 1:13 PM

Any impact from the coronavirus outbreak on commercial and multifamily loan delinquencies won't be known for some time, the Mortgage Bankers Association said.

1 Min Read
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Michael Cohn
March 3, 2020 12:57 PM

The pace of small-business job growth accelerated for the third month in a row in February, according to payroll giant Paychex, but the rate of hourly earnings growth slipped.

3 Min Read