A report from Banker and Tradesman. "Last year may have started off with a bang for many Massachusetts loan originators, but the sprint rapidly slowed to a jog, and then a slog. 'I specifically remember the turning point was very…
It's Friday desk clearing time for this blogger. "According to the Realtor Association of Sarasota and Manatee, fewer Bradenton area homes changed hands in April than a year ago. Homes were also taking longer to sell and sellers weren’t always…
A report from the Star Advertiser in Hawaii. "High interest rates continue to subdue Oahu's housing market where prices pushed down this year could remain flat in 2024, according to a University of Hawaii analysis. The Honolulu Board of Realtors…
A weekend topic starting with the Globe and Mail in Canada. "Jamie Dimon said it was over, but it isn’t. The calm lasted two days. By Wednesday, contagion fear was prevalent again. PacWest Bancorp, a small regional lender based in…
A report from Reuters. "Shares of U.S. regional banks fell premarket on Thursday, hurt by a 37% slump in PacWest Bancorp after its announcement about exploring strategic options including a potential sale or capital raising, after a liquidity boost announced…
A report from the Washington Post. "Federal regulators have seized First Republic Bank and sold it to JPMorgan Chase Bank in a deal aimed at quelling renewed weakness in the nation’s banking industry. In a statement issued early Monday, the…
A weekend topic starting with Yahoo Finance. "As Wall Street debates the cause of First Republic’s troubles, one analyst blames the nation’s top financial regulators. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen were 'advocates of the strategy called…
It's Friday desk clearing time for this blogger. "The National Association of Realtors’ index of pending home sales fell 5.2% to a reading of 78.9 in March, according to data released on Thursday. On a yearly basis, pending transactions plunged…
A report from CBS Bay Area in California. "Oakland is one of the last cities in the Bay Area hanging on to its eviction moratorium. Many mom-and-pop landlords claim their tenants are taking advantage of the policy, leaving them at…
A report from the Colorado Sun. "If you’re house hunting, there are plenty of homes available in Colorado — nearly 10,000 at the end of March, which is up 41.8% from a year ago. Prices are a bit lower, too.…