Economy

March 26, 2020 2:49 PM

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

4 Min Read
Boise, Idaho
By John Sowell
March 26, 2020 10:57 AM

Idaho Gov. Brad Little's order telling Idahoans to stay home for 21 days is likely to create havoc for the state's real estate industry.

3 Min Read
Toronto Home Prices In Fastest Annual Gain In Over Two Years

Canadians' interest in searching for houses online is waning amid the COVID-19 pandemic, according to real estate portal Point2 Homes.

1 Min Read
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Paul Centopani
March 25, 2020 4:57 PM

With ambiguity surrounding the length of the COVID-19 outbreak and damage it will cause, consumers are becoming diffident in taking out a mortgage for a major purchase, according to Zillow.

1 Min Read
Schwab, Fidelity, TD Ameritrade, Pershing custody custodians saturation marketplace
Jessica Mathews
March 25, 2020 4:01 PM

The firm, which already closed 260 branches, now has 100% of its staff operating virtually.

2 Min Read
Detroit
MSR
By JC Reindl
March 25, 2020 12:15 PM

Detroit-based mortgage giant Quicken Loans could be facing a cash crunch in coming weeks and possibly need temporary emergency federal assistance if lots of borrowers stop making payments on their home mortgages during the coronavirus pandemic, according to a news report.

3 Min Read
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Glenn McCullom
March 25, 2020 10:10 AM

There was a nearly 30% week-to-week decline in loan applications as Americans reacted to the uncertainty, both economic and medical, from the spread of COVID-19, according to the Mortgage Bankers Association.

2 Min Read
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Penny Crosman
March 24, 2020 9:30 PM

As companies move work off-site because of the pandemic, a host of issues have arisen around remote access, network monitoring and cybersecurity.

6 Min Read
Online annual meetings due to coronavirus
Allissa Kline
March 24, 2020 12:36 PM

The COVID-19 crisis is forcing many banks to hold their spring shareholder meetings online only.

4 Min Read
Andrew Coen
March 24, 2020 10:58 AM

They asked for a combined $4.4 billion.

2 Min Read