The Lede
Top National News
Key Trends Driving Investors Away From Traditional Lenders In 2019
Forbes, Apr. 19, 2019--Evan GentryThe author, CEO and Founder of M360 Advisors, says there are many reasons why creditworthy borrowers with strong track records and desirable assets turn to nonbank lenders, and collectively they create an attractive fixed-income investment opportunity. (MBA mention)
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Inside Destiny USA’s Mortgage Emergency: Crisis or Hardball Bargaining?
Syracuse.com (N.Y.), Apr. 19, 2019--Rick MoriartyDestiny USA's D-Day arrives June 6. On that day, its $430 million in mortgage loans come due in full, and the owner of the giant Syracuse mall is in danger of default.
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Fintech Lender Prosper to Pay $3 Million Fine for Lying to Investors
HousingWire, Apr. 19, 2019--Jessica GuerinAccording to the SEC, the penalty settles allegations that the San Francisco-based fintech lender was "miscalculating and materially overstating" its net returns to retail investors and other stakeholders.
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Odd Parcels: Bargains, Wars, Gains, Tenure
UExpress, Apr. 19, 2019--Lew SichelmanJust because a house is described as a bargain doesn't mean it is one. On the contrary: It may be overpriced.
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Home Sales Will be Stymied in 2019 by High Prices and ‘Underbuilding’
HousingWire, Apr. 19, 2019--Kathleen HowleyA shortage of entry-level homes will stymie the housing market this year, nullifying much of the impact of lower mortgage rates, according to a forecast by Diane Swonk, Grant Thornton chief economist.
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