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Banks Grant Millions of Payment Deferrals During Pandemic

Banks Grant Millions of Payment Deferrals During Pandemic

New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
Loan Applications Spike After Fed Rate Cut

Loan Applications Spike After Fed Rate Cut

More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
MVB Bank to Acquire Stake in ICMC to Create Lending Group

MVB Bank to Acquire Stake in ICMC to Create Lending Group

Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage
Banks Cut Lending Rates After Fed Action on COVID-19

Banks Cut Lending Rates After Fed Action on COVID-19

US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Signature Bank Strengthens Its Service for Institutional Investors Through New Partnership

Signature Bank Strengthens Its Service for Institutional Investors Through New Partnership

Now offering their institutional clients real-time settlements for digital trades without transaction fees
United States Fines Former Deutsche Bank Managing Director

United States Fines Former Deutsche Bank Managing Director

Charges are that he misled investors regarding the risks involved in the loans surrounding $1.42 billion in mortgage-backed securities
The Federal Reserve Is Expected To Cut Rates Again This Week

The Federal Reserve Is Expected To Cut Rates Again This Week

It would be the third consecutive rate cut
As Bitcoin Goes Back Up, Real Estate Softens

As Bitcoin Goes Back Up, Real Estate Softens

Bitcoin is having a positive bounce as October nears its end
While Markets Struggle, Mortgage Refinancing Surges

While Markets Struggle, Mortgage Refinancing Surges

Volume was up 5% over the previous week thanks to long term interest rates falling again
Fintech Small Business Loan Company Biz2credit to Provide Financing Options for Hotels

Fintech Small Business Loan Company Biz2credit to Provide Financing Options for Hotels

OYO has partnered with Biz2Credit to provide working capital and loans to existing and aspiring hotel partners
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