Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth. It also expects strong growth to continue into 2022, due to a variety of factors. ββ¦we are not the market, and we do expect our own momentum to continue into our traditionally busy spring and summer months,β said Chief Financial Officer Chadwick Westlake. President and CEO Andrew Moor explained this is partly due [β¦]
Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth. It also expects strong growth to continue into 2022, due to a variety of factors. ββ¦we are not the market, and we do expect our own momentum to continue into our traditionally busy spring and summer months,β said Chief Financial Officer Chadwick Westlake. President and CEO Andrew Moor explained this is partly due [β¦]
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index, a consequence of surging rates. The average contract interest rate for 30-year fi...
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index, a consequence of surging rates. The average contract interest rate for 30-year fi...
Meliha joins Skanska from Network Rail, where she was Finance Director for the eastern region running from London to Scotland, its largest regional business with 10,000 employees. At Network Rail she oversaw investment in multi-billion-pound programmes and projects. Prior to this, Meliha served as Managing Director for the Anglia Route, leading multifunctional teams responsible for infrastructure management and service delivery for some of the most intensely operated rail routes into London. B...
Meliha joins Skanska from Network Rail, where she was Finance Director for the eastern region running from London to Scotland, its largest regional business with 10,000 employees. At Network Rail she oversaw investment in multi-billion-pound programmes and projects. Prior to this, Meliha served as Managing Director for the Anglia Route, leading multifunctional teams responsible for infrastructure management and service delivery for some of the most intensely operated rail routes into London. B...
Amid rising prices and tightening monetary policy, investors wonder if a broader decline is on the horizon ahead of earnings season.
The post Investors Nervous as Earnings Season Begins appeared first on SoFi.
Amid rising prices and tightening monetary policy, investors wonder if a broader decline is on the horizon ahead of earnings season.
The post Investors Nervous as Earnings Season Begins appeared first on SoFi.
This brings the total number of lenders under Imla to 65.
The digital mortgage company, which launched last year in the non-regulated buy-to-let space, was granted approval to move into prime residential mortgages by the Financial Conduct Authority earlier this month following investment from Barclays, M&G Investments and Citigroupβs SPRINT.
Imla executive director Kate Davies says: βWe welcome MPowered Mortgages to Imla, where we value the diversity of ou...
This brings the total number of lenders under Imla to 65.
The digital mortgage company, which launched last year in the non-regulated buy-to-let space, was granted approval to move into prime residential mortgages by the Financial Conduct Authority earlier this month following investment from Barclays, M&G Investments and Citigroupβs SPRINT.
Imla executive director Kate Davies says: βWe welcome MPowered Mortgages to Imla, where we value the diversity of ou...
An architect by trade, Thomas Queenan has held roles as Philadelphia's city treasurer under former Mayor Ed Rendell, an associate vice president of Temple Health and most recently chief operating officer of public-private economic development agency PIDC.
An architect by trade, Thomas Queenan has held roles as Philadelphia's city treasurer under former Mayor Ed Rendell, an associate vice president of Temple Health and most recently chief operating officer of public-private economic development agency PIDC.
