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Homebanking

banking

Commercial real estate
Commercial Real Estate

Commercial real estate, a red flag for banking sector recovery – JPMorgan CEO

May 26, 2023 Mark Paul Cervantes Comments Off on Commercial real estate, a red flag for banking sector recovery – JPMorgan CEO

Weakness in the Commercial real estate industry poses risks to the recovery of the US banking sector, JPMorgan & Chase CEO Jamie Dimon warned during the bank’s investor conference Monday. Impacted by the slew of […]

Banking
Financial Markets

In the Market: Why US regional banks are doomed to a doom loop

May 16, 2023 Mark Paul Cervantes Comments Off on In the Market: Why US regional banks are doomed to a doom loop

(Reuters) – Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really wanted to do, like letting the largest U.S. bank get even bigger. Their hand may be […]

Banking
Economy

Banking drama tightens screws on housing, offices

March 30, 2023 Mark Paul Cervantes Comments Off on Banking drama tightens screws on housing, offices

Higher interest rates and a loss of confidence in the banking sector have hit commercial real estate especially hard, with both the housing and office sectors poised to feel the chill. Why it matters: The jury’s still […]

US
Economy

US banking crisis: How 4 banks suddenly demise, what awaits?

March 21, 2023 Mark Paul Cervantes Comments Off on US banking crisis: How 4 banks suddenly demise, what awaits?

Four US banks’ sudden demise in past weeks brought up many questions about tech start-ups, venture capitalism, the crypto industry, risk appetite, global capitalist system in general, and the regulations in place. Is this a […]

crisis
Financial Markets

What analysts are saying about the US and Swiss banking crisis

March 20, 2023 Mark Paul Cervantes Comments Off on What analysts are saying about the US and Swiss banking crisis

The collapse of Silicon Valley Bank and two other lenders in the US, and the shotgun wedding between Credit Suisse and UBS amid monetary tightening around the world, have led to a crisis of confidence for financial institutions. Unlike […]

Housing Wire

Housing Market Tracker: Banking crisis is a new variable

March 20, 2023 Mark Paul Cervantes Comments Off on Housing Market Tracker: Banking crisis is a new variable

The Housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did […]

banking
Investing

The US banking crisis and the Maharlika Investment Fund

March 15, 2023 Mark Paul Cervantes Comments Off on The US banking crisis and the Maharlika Investment Fund

THE United States is currently experiencing a banking crisis, triggered by the collapse of a regional lender, Silicon Valley Bank (SVB), and subsequently another middle-sized bank, Signature Bank. A banking crisis is significant because it […]

inflation
Financial Markets

US inflation slows to 6% annual rate amid looming banking crisis

March 15, 2023 Mark Paul Cervantes Comments Off on US inflation slows to 6% annual rate amid looming banking crisis

Price rises slowed again in February as the annual rate of inflation eased but the report has been overshadowed by a banking crisis ahead of next week’s meeting of the Federal Reserve. Prices in February were […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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