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TThe mortgage space is heating up and ready for public offerings, with three residential mortgage lenders appraising in October: Guild assets (GHLD), AmeriHome (AHM), and Caliber home loans (HOMS). Sign up for a free trial of IPO Pro. IPO Pro provides access to our full IPO calendar, alerts on new IPO content, selections, and more.Start …

Thinning margins, capital depletion and the need for new sources of growth amid the lingering pandemic could lead some Asia-Pacific financial institutions to consider mergers or acquisitions, particularly in China and Asia Southeast, analysts said, after third-quarter trading activity fell to the lowest level in at least three years. In the quarter ended September 30, …

Ahead of his call for second quarter 2018 results, Zillow on Monday announced an agreement to acquire Mortgage Lenders of America, a nationwide, direct-to-consumer online mortgage lender, a move to make it easier to buy homes through the fledgling Zillow company. Zillow offers online home buying and selling platform. Terms of the deal, including the …

By PTI NEW DELHI: The Delhi Technological University (DTU) of actor Sushant Singh Rajput is considering hosting an online prayer meeting in her memory. Rajput, 34, was found dead Sunday at his home in Mumbai. The actor enrolled at DTU in 2003, then known as Delhi College of Engineering, but dropped out in three years …

The Indian government is relying on two state-owned non-bank lenders to provide relief to struggling power utilities, which in turn were delaying payments to power producers. To break the cycle, Power Finance Corp. Ltd. and Rural Electrification Corp. Ltd. were responsible for providing nearly Rs 90,000 crore on loan to state nightclubs. The rules have …

The lenders of Reliance Communications Ltd., Reliance Infratel Ltd. and Reliance Telecom Ltd. are preparing for a lengthy court battle as they seek to classify these companies’ loan accounts as “fraud”. The consortium of lenders is set to challenge an order of the Delhi High Court dated December 28, which asked them to maintain a …

Dixons Carphone has closed 531 stores due to the lockdown // Dixons Carphone online sales make up for loss suffered by stores closed due to Covid-19 lockdown // Electricity retailer canceled its annual dividend to shareholders // Online channels saw colossal 166% sales growth Dixons Carphone said its online sales in the UK and Ireland …

The regulator has asked lenders to have a board-approved policy in place and to conduct regular audits of the system. Banks and non-bank financial companies will need to perform regular vulnerability testing of their systems to provide a secure experience for their customers. The banking regulator has asked lenders to adopt the highest security standards …

The Indian Banking Association is once again launching the idea of ​​creating a “bad bank” like structure, which can ease the burden of stressed assets on the books of Indian lenders. Bankers want a portion of the bad debts to be transferred to an independent asset management company for resolution, said two bankers with first-hand …

(NEXSTAR) – Citibank will not get back the nearly $ 900 million it accidentally sent to lenders, a U.S. District Court judge has ruled. In August, Citibank intended to wire around $ 7.8 million to lenders of makeup brand Revlon. According to the court ruling, she “rather committed one of the biggest blunders in the …