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Top economist Gary Shilling predicts a ‘considerable revival’ in housing activity—but it’s going to...
Fortune via Yahoo Finance· 3 months agoIn late October 2023, existing-home sales plummeted to the lowest level since 2010, when the world...
‘Big Short’ investor Michael Burry blasts ‘f—ing obscene’ raid on Trump, but FBI historian explains...
Fortune via Yahoo Finance· 2 years agoWhen the FBI searched Donald Trump’s Florida home Monday evening, the former president called the...
China's mortgage rate cuts spur prepayment rush, threaten bank earnings
Reuters via Yahoo Finance· 1 year agoBEIJING (Reuters) -China has been cutting mortgage rates since last year to boost sales in its...
Evergrande was just the beginning. China's property sector is in trouble.
The Week via Yahoo News· 8 months agoUnfinished buildings at China Evergrande Group's Health Valley development on the outskirts of...
Credit Suisse pays $495M tied to mortgage-backed securities
Associated Press via Yahoo News· 2 years agoCredit Suisse has agreed to pay $495 million as part of a settlement with the U.S. over a yearslong...
It may be loose-end season at BNP Paribas
Banking Dive via Yahoo Finance· 5 months agoFrance's largest lender agreed to pay up to €600 million to borrowers who used a mortgage product that soured amid a debt crisis. But the specter of an...
The Office-Market Meltdown Comes for Trump’s Prized Wall Street Building
The Wall Street Journal· 4 weeks agoPROPERTY REPORT Donald Trump’s prized Manhattan office tower at 40 Wall St. is getting swept up by...
'Crisis moment': Ken Paxton aide recalls failed effort to cut AG's ties to Nate Paul
Austin American-Statesman via Yahoo News· 9 months agoJeffrey Mateer, suspended Texas Attorney General Ken Paxton's former first assistant, testified...
Bank of America racked up $1.2 billion in penalties, settlements in 2022
Reuters via Yahoo Finance· 1 year agoThe company dealt with several major issues in 2022, setting aside $354 million as part of a...
U.S. targets '08 crisis trader conflicts in new rule, decade after 1st try
Reuters via Yahoo Finance· 1 year agoWASHINGTON (Reuters) -Wall Street's top regulator on Wednesday unanimously voted to propose a rule...