Today banking software provider Temenos with a market capitalization of 10 billion francs (11 billion dollars), announced the integration of Temenos Transact with Taurus SA, the Swiss provider of digital asset infrastructure. The solution supports cryptocurrencies, decentralized finance (DeFi), all types of tokenized assets as well as digital currencies. The …
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CryptoSX digital asset exchange and Covario jointly announced a collaboration to develop digital asset management services that include security token offering (STO), digital asset trading and digital wealth management. Covario’s Prime Brokerage platform provides complete solutions for direct agency and OTC trading, algorithmic trading, clearing, funding and custody, complemented by …
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Morton Marcus Careful readers will remember that the Gross Estimated Value (GVA) is supposed to approximate the market value of all taxable residential, commercial, industrial and agricultural properties. Summarize the GAV of all the properties in your county and you will get the county GAV. The sum of the counties …
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The housing market is as hot as ever. The mortgage market, however, is in decline. Homes are selling at a blistering pace unprecedented since before the financial crisis, pushing up home values in nearly every US zip code. Still, lenders are bracing for a slowdown in mortgage demand over the …
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The average interest rate on a 30-year fixed-rate mortgage has fallen to 2.96%, according to Freddie Mac. The 15-year fixed rate mortgage fell to 2.30%. The drop offers an opening for homebuyers looking to get a low rate and for homeowners who haven’t had a chance to refinance when rates …
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peeping coronavirus variants that are causing global concern, Moderna on Thursday announced an agreement with the Swiss government to provide the country over the next year with 7 million doses of the COVID-19 booster vaccine from the Cambridge-based company, which is has been shown to offer more protection against strains …
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Left to right: 909 Third Avenue, 79 Fifth Avenue, 240 West 37th Street and 27 East 62nd Street (VNO, Cercone Exterior Restoration, Google Maps) Manhattan’s 10 largest home loans on record in April totaled around $ 790 million, less than half of March’s total. Once again, the commercial mortgage-backed securities …
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Image by jplenio via Pixabay.com Although the volume of investment in global commercial real estate fell 31% year over year in the first quarter, a turnaround could occur in the third and fourth quarters of the year. “A strong rebound is expected in the second half of the year on …
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United States: Reverse mortgage lender pays CFPB fees for misleading advertising May 03, 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. A reverse mortgage lender installed CFPB charges for sending advertisements to seniors that misrepresent the costs and risks associated with lender …
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Black homeowners have a harder time making up for missed mortgage payments than other borrowers, a new federal study finds. The share of black homeowners in abstention stood at about 11% in mid-April, more than double the overall rate and that of white borrowers, according to the Federal Reserve Bank …
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