SANTA FE, New Mexico — A New Mexico prosecutor on Wednesday said Alec Baldwin broke “cardinal rules” of gun safety in the 2021 killing of “Rust” cinematographer Halyna Hutchins while his lawyer said he was failed by firearms experts. The 66-year-old Baldwin, on trial in Hollywood’s first on-set shooting fatality in three decades, took notes at […]
Highlands Residential Mortgage announced that Dan Carson recently joined the company as a senior vice president and area manager of its Park Cities branch in Dallas. Carson has spent more than a decade in the mortgage industry, having previously served in leadership positions for OriginPoint, Willow Bend Mortgage Co., PrimeLending and PNC Bank. Dan Carson […]
The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. In this executive conversation, we delve into how Acra Lending is enhancing its operations […]
John Collins visited Ghana as a child with his father. But life brought him back years later, and the musician never left. VOA’s Isaac Kaledzi met him in Accra and Anthony Labruto narrates. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
I love talking to people about their career journeys. While each person’s story is unique, I often find that there’s a pattern in the way they tell them. They usually start with a childhood dream job that first inspired them, followed by their educational history, eventually leading them to their field of study. Many people […]
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As expected, Federal Reserve Chairman Jerome Powell did not set a timeline for lowering interest rates during his semiannual monetary policy report to Congress on Tuesday morning when participants complained about the effects of a tightening monetary policy in the housing market. Powell indicated that Fed officials are not there yet, but suggested a better […]
Over a quarter (26%) of retired investors continue to pay off their mortgage, and precisely one-quarter of the cohort are continuing to pay down credit card debt, according to a new survey from the Nationwide Retirement Institute. The U.S. retirement population is getting older at a faster rate and are also confronted with inflation as […]
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The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it has published updated policies for its 203(k) Rehabilitation Mortgage Insurance Program, in an effort to “modernize the program and enhance its usefulness for individuals and families seeking affordable financing for renovating or rehabilitating a single-family home when purchasing or refinancing it.” […]
The Federal Home Loan Bank of Chicago (FHLBank Chicago) and consumer credit scoring system VantageScore announced on Tuesday that the bank is now accepting mortgage collateral using VantageScore 4.0, an updated version of the scoring system using trended credit bureau data. “[M]ember financial institutions can now pledge mortgage collateral using VantageScore credit scores as an […]
SANTA FE, N.M. — Alec Baldwin’s trial in the shooting of a cinematographer is set to begin Tuesday with the selection of jurors who will be tasked with deciding whether the actor is guilty of involuntary manslaughter. Getting chosen to serve in a trial of such a major star accused of such a major crime would […]
Popular Mexican actor Eugenio Derbez has successfully transitioned to Hollywood. His bilingual comedy “Acapulco” on Apple TV is critically acclaimed and has put his work in front of new audiences. The show’s star and producer spoke with Veronica Villafañe about his mission to create an authentic, family-friendly series that positively represents his home country. details […]
NEW YORK — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals the rise of a new power player, David Ellison, the founder of […]
At the National Reverse Mortgage Lenders Association (NRMLA) Eastern Regional Meeting in May, Acting Ginnie Mae President Sam Valverde said that the government-owned company planned to release a term sheet for a newly proposed Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program sometime in the next month. After the industry’s secondary market was rocked by […]
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The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, urging the agency to more forcefully go after trigger lead solicitations. To cement the point, CHLA is calling such solicitations “junk calls,” echoing the language of the campaign the Bureau has waged against “junk […]
Top-five mortgage lender Newrez, owned by asset manager Rithm Capital, has imposed another round of layoffs affecting 265 employees in Colorado and Arizona, per documents sent to state authorities. That’s the third round this year, following the acquisition of Computershare Mortgage Services and its affiliate Specialized Loan Servicing (SLS ) for $720 million in October […]
Roughly eight months after acquiring PacWest Bancorp in a rescue deal, Banc of California is selling roughly $2 billion in business-purpose residential mortgage loans, according to Bloomberg. PacWest had already sold the servicing on the debt service coverage ratio (DSCR) loans, which were originated by its subsidiary Civic Financial Services, before Pacwest was acquired by […]
The U.S. Department of Education’s Office for Civil Rights (OCR) today announced that Brown University in Rhode Island has entered into a resolution agreement to ensure compliance with Title VI of the Civil Rights Act of 1964 with respect to alleged harassment of students based on national origin (including shared Jewish, Palestinian, Arab, and/or Muslim […]
Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital, a California-based company that offers financing to residential real estate investors. The financial terms of the deal were not disclosed, but the companies said in a joint statement that Archwest management, led by CEO Shawn Miller, would retain […]
JOANETES, Spain — Xavier Pallàs plants his feet on the belfry floor, grips the rope, and with one tug fills the lush Spanish valley below with the reverberating peal of a church bell. Clang-clong! Clang-clong! Clang-CLONG! The swinging bronze bell resonates with each strike of the clapper, filling the small stone tower with an undulating hum. […]
New Orleans, Louisiana — For 30 years, the Essence Festival of Culture has brought together people from all walks of life and from around the world to connect through conversation, shared experiences and, of course, music. The nation’s largest annual celebration of Black culture was set to end Sunday with musical performances by Janet Jackson and […]
New York — After a historically bad first half of the year, the box office is suddenly booming. “Despicable Me 4,” the Illumination Animation sequel, led the way over the holiday weekend with $75 million in ticket sales Friday through Sunday and $122.6 million since opening Wednesday, according to studio estimates Sunday. The Independence Day holiday […]
A young Frenchman who settled in Senegal a little over a year ago decided to master the local Wolof language. Now he’s teaching it to other people on social media. Allison Fernandes has the story, narrated by Michelle Joseph. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Vatican City — Pope Francis decried the state of democracy and warned against “populists” during a short visit to Trieste in Italy’s northeast on Sunday ahead of a 12-day trip to Asia — the longest of his papacy. “Democracy is not in good health in the world today,” Francis said during a speech at the city’s […]
new york — TikTok and its bite-sized videos arrived in the United States as a global version of the Chinese app Douyin in 2018. Less than six years later, the social media platform is deeply woven into the fabric of American consumerism, having shortened the shelf life of trends and revamped how people engage with food […]
berlin — Turkish supporters making their way to the European Championship quarterfinal against the Netherlands made the same nationalistic hand gesture that got a Turkey player banned from the match. More did the gesture again in the stadium during Turkey’s national anthem before Saturday’s game. Berlin police said on X on that the gesture was “massively […]
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LONDON — A new exhibition looking at the evolution of Barbie opens in London this week as the famed Mattel doll celebrates her 65th birthday this year. “Barbie: The Exhibition,” running at the Design Museum from July 5 to February 23, features more than 250 items from the Barbie universe, including an array of dolls showing […]
KATHMANDU, Nepal — The highest camp on the world’s tallest mountain is littered with garbage that is going to take years to clean up, according to a Sherpa who led a team that worked to clear trash and dig up dead bodies frozen for years near Mount Everest’s peak. The Nepal government-funded team of soldiers and […]
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A New York jury found Vishal Garg, CEO and founder of digital mortgage lender Better.com, liable for breach of fiduciary duty and conversion in a decade-long lawsuit filed by his former partner, Raza Khan. Garg intends to appeal. The court ordered Garg to pay $5.5 million to Educational Investment & Finance Corporation (EIFC), the company […]
Attorneys for both Ginnie Mae and Texas Capital Bank (TCB) are asking a magistrate judge overseeing their case about HECM tail collateral in the U.S. District Court for the Northern District of Texas for an extension to decide on separate motions brought by both parties: one seeking a change of venue to a different court, […]
As those in or near retirement continue to proclaim a preference for aging in place, there may be challenges for people who aren’t sure about how or when they should get started on making plans. A series of home healthcare, renovation and senior care experts offer tips on ways to begin in a column published […]
Data on the intersection between housing issues and politics is clear: in 2024, housing is an issue that resonates strongly with younger voters, but high mortgage rates and high home prices may be issues for years to come. This is according to a report published this week by Politico. Recent data about attributes of the […]
Fewer prospective mortgage borrowers pulled the trigger in June, according to a new report from Mortgage Capital Trading. Mortgage rate locks decreased 7.84% in June compared to the previous month. This drop follows a brief uptick in volume at the beginning of the traditional buying season, suggesting a continuing stalemate between limited housing supply and […]
The Mortgage Bankers Association (MBA) this week detailed its reasons for opposing a bill in the state of Florida designed “to expand projects eligible for residential Property Assessed Clean Energy (PACE) financing,” which was recently signed into law by Gov. Ron DeSantis. Florida Senate Bill SB-770 authorizes local and county authorities within the state to […]
July 20 marks the 55th anniversary of the Apollo 11 landing on the moon. An interactive exhibit at Manhattan’s Intrepid Museum reminds viewers of the enormity of that undertaking and what went into the first moon landing. Evgeny Maslov has the story, narrated by Anna Rice. Videographer: Vladimir Badikov. details ⇒ BusinessMediaguide.Com portal received this […]
Phnom Penh — Buddhist monks in the Cambodian capital Phnom Penh chanted blessings and threw flowers on Thursday to welcome 14 trafficked artifacts repatriated from the Metropolitan Museum of Art in New York. The Angkorian artworks, which included a 10th century goddess sandstone statute and a large Buddha head from the 7th century, were stolen by […]
As Ukraine’s war against Russia’s invasion drags on, Ukrainians are fighting to preserve their history. They say Russia is deliberately attacking cultural monuments in a bid to erase the country’s history and identity as a separate nation. For VOA, Anna Chernikova reports from Kyiv. VOA footage by Eugene Shynkar, Vladyslav Smilianets. details ⇒ BusinessMediaguide.Com portal […]
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that it has released five new language translations for 19 separate single-family mortgage documents used for Federal Housing Administration (FHA)-insured mortgage servicing. The new translations — which are available in Chinese, Korean, Spanish, Tagalog and Vietnamese — are accessible from FHA’s language access webpage […]
The New York Stock Exchange (NYSE) on Wednesday announced that the warrants of Finance of America, traded under the ticker symbol “FOA.WS,” will be delisted from the exchange due to being out of compliance with the exchange’s continued listing standard. The class A common shares traded under the “FOA” ticker symbol, however, will continue to […]
Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28, according to data released Wednesday by the Mortgage Bankers Association (MBA). The trade group cited upward movement in mortgage rates as the key reason why. According to HousingWire’s Mortgage Rates Center, the average rate for 30-year conventional loans was […]
As humans, we love projecting our emotions on non-human things like animals, objects and weather events. I’m told the psychological term for this is anthropomorphism, which is difficult to say three times super fast. We especially seem to label human-like characteristics for things that we can’t fully understand or have no means of explaining – […]