Fed expands access to coronavirus emergency loans
The Federal Reserve on Wednesday expanded access to its emergency lending facility for city and county governments to ensure each...
Day: June 3, 2020
EUR 1.3 bln in small business loans
To date, more than 1.1 million low-interest redeemable loans have been made available to micro-enterprises to a value of over...
Mortgage Investors May Get Relief from Surging Home Refinancings – News
Aggregate prepayment speeds are expected to show a decline in the next report, and that would be good news for...
Coronavirus recession leaves 1.4m Australians in mortgage stress
Mortgage stress levels among Australians have continued to soar amid the global outbreak of COVID-19, with data showing more than...
How co-branded credit cards work
The average American has four credit cards in their wallet, and sometimes that includes a co-branded credit card. Co-branded credit...
American Airlines credit downgraded to B- at S&P
Shares of American Airlines Group Inc. AAL, +5.61% rallied 6.2% in afternoon trading, even as the air carrier's credit rating was cut to...
AUL Corp. launches new VSC covering complex automotive technology systems – News
AUL Corp., one of the nation’s leading automotive finance and insurance (F&I) providers, today launched a new vehicle service contract...
Portfolio unveils new reinsurance website – Release
Leading dealer participation program provider Portfolio announced the launch of a new website at PortfolioReinsurance.com. The site was designed to...
Assurant Global Automotive supports F&I providers relief fund
Assurant, Inc. (NYSE: AIZ), a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases...
NMRC MD Re-States Call for State Governments To Adopt Model Mortgage Foreclosure Law – News
The Managing Director/Chief Executive Officer of the Nigeria Mortgage Refinance Company (NMRC), Mr. Kehinde Ogundimu has called on State Governments...