After remaining elevated for several weeks, mortgage rates trended down over this last weekend and have been holding steady at their current levels. Average 30-year fixed rates are currently the…
NEW YORK–(BUSINESS WIRE)–Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) today announced its financial results for the quarter ended June 30, 2022. Financial Highlights GAAP net income of…
PITTSBURGH–(BUSINESS WIRE)–The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the second quarter and six months ended June 30, 2022. FHLBank recorded net income of…
The federal government and a coalition of 24 companies and foundations are coming together to align historic investments in underserved communities; Founding members of the Coalition include Ariel Investments, Bank…
Bidders of the bankrupt Reliance Capital (RCap) are seeking additional time to submit their offers as they grapple to identify the company’s assets. Bidders, including Piramal Capital,…
The Chennai-based public sector Indian Bank has admitted to a major loan default of Rs 279 crore by the realty group, Housing Development & Infrastructure Ltd (HDIL) Mumbai, and…
The Federal Home Loan Bank of San Francisco is awarding $31.9 million in Affordable Housing Program (AHP) grants to 39 developments throughout its three-state district of Arizona, California, and Nevada.…
Hybrid – 5 July 2022 Members participating Philip Lowe (Governor and Chair), Michele Bullock (Deputy Governor), Mark Barnaba AM, Wendy Craik AM, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Carol Schwartz AO, Alison Watkins AM Others participating Luci …
The Central Bank of the UAE has increased the debt burden ratio (DBR) of beneficiaries of housing loans under the Sheikh Zayed Housing Programme (SZHP), that will allow more borrowers…