Latest Updates Around The World
The state alleges that Hometap’s flagship residential investment property (HEI) product is an “illegal, deceptive, oppressive and unconscionable mortgage in violation of the criminal usury statute.” Squires-Lee’s ruling means Hometap cannot argue that past interactions with government regulators — including meetings in which the company says it described its product and was not told to […]
The global demand for food has continued to grow. However, there are limits to the availability of arable land, soil and freshwater. This means that agriculture will remain a vital and resilient sector, while innovation and investment are needed to ensure productivity and reliable production in the long term. Technological progress can deliver significant efficiency […]
India’s stock market has become one of the calmest in the world – so calm that it is prompting a rethink of the strategies of players in the country’s vast derivatives market.Despite geopolitical flare-ups and a recent global sell-off in risky assets, the NSE Nifty 50 Index has barely moved in months as domestic money […]
“We are excited to partner with Point, who we view as the leading operator in a fast-growing asset class that offers homeowners an attractive alternative financing solution,” said Teddy Tawil, managing director and co-head of opportunistic lending at MidOcean Partners. “Point is positioned to deliver strong and sustainable growth, and we look forward to supporting […]
The Center will divest up to 3% stake in Indian Overseas Bank (IOB) through an offer for sale (OFS) starting on Wednesday, December 17. The government plans to offload a stake of up to 2%, or 38,51,31,796 shares, through the non-retail period on Wednesday.The OFS will open to retail investors on Thursday, December 18, with […]
Or the takeover of Warner Bros. by Netflix worth $82.6 billion Whether or not it goes through, the deal marks a fraught moment for Hollywood as the entertainment industry becomes increasingly overshadowed by technology giants. On the latest episode of the Equity podcast, Kirsten Korosec and I discussed the implications of the deal, both for […]
It’s the latest in a series of Blue Owl moves in home equity, including a separate $2.5 billion commitment this week to home equity investment (HEI) firm Point. FoA has now entered into a partnership with Better Home & Finance Holding Co. in the home equity space and acquired $9.6 billion in mortgage servicing rights […]
“Our equity fulfillment solutions are designed to help lenders act quickly and with confidence,” said Beth Fowler, president of Stewart Lender Services, in a statement. “By integrating with FirstClose, we are providing lenders with the tools needed to accelerate loan decision making, improve operational efficiencies and provide borrowers with a modern, streamlined home equity experience.” […]
ICICI Prudential Asset Management Company’s Rs 10,603 crore IPO is already heating up ahead of its launch on Friday, with a gray market premium of Rs 280 per share indicating a potential listing of 13%, an early signal of strong demand for one of the most anticipated offerings of the year in the Indian asset […]
According to a release from the North Carolina-based company, the self-employed HELOC offers an option for self-employed borrowers to qualify using 12 months of personal or business bank statements in lieu of tax returns. Deephaven manages the credit process, from disclosure to financing. Like Deephaven’s previously released Equity Advantage Closed-End Second product, the new Bank […]
