AI-related debt sells off sharply as Amazon looks to borrow another $25 billion
Bonds financing the massive artificial-intelligence buildout were hit hard by selling on Tuesday, as Amazon.com set out to borrow another $25 billion in new debt.
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Homeowner sues Mr. Cooper and Shellpoint over stalled loan assumption
The approval came, he says, on May 4, 2023, when Nationstar issued a written record reading “Simple Assumption Approved.” He says he completed and returned the related documents. But the process stalled. On July 10, 2023, Nationstar notified him that servicing would move to NewRez – Shellpoint – effective August 1. The approved assumption, he alleges, was never finished before…
In the wake of servicer acquisitions, how technology can help smaller companies compete
“I definitely see a lot of automation happening more recently,” he said. “I think we’re going to get to a point where servicers are taking efficiency to another level in the next couple months. It’s not just a cost-saving piece, but it’s also how can we be better as servicers and how can we serve…
Consumer inflation concerns climb in June, NY Fed survey shows
Consumer inflation concerns climb in June, NY Fed survey shows – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media,…
What it takes to make it as a broker in an ever-evolving industry
The top mortgage brokers in Canada are continuing to eke out success, even in a challenging market. But how can other mortgage professionals follow their lead – and what are some of the main trends they should be keeping an eye on? We caught up with Danny Ibrahim, one of this year’s Top 75 brokers,…
