Foreclosures climb as financially stretched borrowers turn to short sales
error: Content is protected !!
Similar Posts
Hedging, Data Mapping, BER Letter, PPE Tools; AI Ramifications; Atty. Mitch Kider Joins Big Picture
Hedging, Data Mapping, BER Letter, PPE Tools; AI Ramifications; Atty. Mitch Kider Joins Big Picture Nearly every lender is at least learning about AI, but on the flip side there are things like New York’s ban on data centers. Lenders and vendors are not the only ones riding the tech wave, and no…
China reportedly decides to lift restrictions on refined fuel exports for the rest of July
For some context, China has been actively restricting refined fuel exports since the US-Iran war began. It all started with an immediate ban in March here, before some easing in the restrictions since April onward. However, the latest directive here marks a significant change in the tone and surely it has a lot to do…
Thredd Joins Visa Agentic Ready Program to Power AI Payments
Artificial intelligence-focused issuer-processing platform Thredd joined the Visa Agentic Ready program, according to a Wednesday (July 15) press release. Thredd’s participation will enable European financial institutions to process AI-initiated transactions without replacing their existing payment infrastructures, the release said. The integration’s rollout will include consumer payments platform Zilch, which will be among the first issuers…
Iran targeted a ship trying to pass through Hormuz
The escalation is showing no signs of stopping in the Middle East. There were reports that Iran targeted Kuwait yesterday and hit a desalization plant and now Iran’s semi-official Tasnim says that the Revolutionary Guard targeted a ship that ignored warning and tried to pass through Hormuz. Oil is having another big day with WTI…
Scotiabank sees Bank of Canada increasing before year’s end
“The economy is beginning to emerge from its recent soft patch,” the report said, pointing to April GDP growth of 0.5%, matching the earlier flash estimate, and labour market data that suggest the anticipated recovery may be arriving somewhat sooner than expected. Scotiabank projects growth accelerating to 2.2% in 2027 as the cumulative effects of past rate…
Houston OKs commercial paper program boost, cash flow borrowing
An increase in commercial paper capacity for Houston’s combined utility system and an up to $345 million cash flow borrowing were approved Wednesday by the city council. Adobe Stock The Houston City Council on Wednesday increased the capacity of a commercial paper program for the combined utility system to $1.5 billion from $1 billion and…
