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March 14, 2023
Mark Paul Cervantes
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Comments Off on First Republic shares dive on contagion fear, dragging U.S. regional banks
March 13 (Reuters) – Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank (FRC.N) as news of fresh financing failed to assuage fears of possible bank contagion following the collapse […]
U.S. foreclosure activity stabilized in March: Attom
April 12, 2024
Mariel Alumit
Housing Wire
Comments Off on U.S. foreclosure activity stabilized in March: Attom
Foreclosures remained relatively stable in the first quarter of 2024 and homeowners continue to hold significant equity. In March, there were 32,878 U.S. properties with a foreclosure filing, down less than 1% from the […]
Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
March 16, 2023
Mark Paul Cervantes
Economy, Top News, U.S. Market
Comments Off on Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks amid turmoil in the broader financial system. The firm lowered its growth forecast by 0.3 […]