Monthly Archives: September 2022

Insider Selling: Director of Bankwell Financial Group, Inc. (NASDAQ:BWFG) sells 770 shares

Todd Lampert, a director of Bankwell Financial Group, Inc. (NASDAQ:BWFG – Get Rating) sold 770 shares of Bankwell Financial Group in a transaction that took place on Friday, September 23. The stock sold at an average price of $29.51 for a total transaction of $22,722.70. Upon completion of the transaction, …

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Short Interest Sector Focus: Financial Services Sector – Marathon Digital Holdings (NASDAQ:MARA)

As of the close of business on Thursday, September 22nd, we have compiled the top 10 stocks with the highest short interest % in the financial services sector. The average short interest rate for stocks in the financial services sector is 1.55%. Therefore, the following stocks show a more pessimistic …

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A Look At Realty Income’s Highly Volatile Price Action – Realty Income (NYSE:O)

It goes up, down, up and down again Realty Income Corp. O this year, as you can see on the Real Estate Investment Trust (REIT) daily chart: Other REITs’ price charts show some volatility, but most don’t move with that kind of ferocity. That’s nearly a 12-point move from the …

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Powell warns of a correction in the once red-hot housing market

real estate news “Hope for the best, plan for the worst.” Home sales have declined as high borrowing costs and elevated prices exacerbate affordability issues and weigh on demand. The Associated Press (Bloomberg) – Federal Reserve Chair Jerome Powell warned that the US housing market is likely to experience a …

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Predatory payday loan companies and fraudsters thrive amid unequal laws and stolen data

As consumers lost their jobs and struggled to make ends meet during the COVID-19 pandemic, many have turned to payday loans and other short-term solutions, with an increase in solutions in line. This has not only allowed predatory lenders to thrive – many borrowers still face exorbitant interest rates and …

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FPIs take aim at financial services stocks in September, data shows

More than a third of foreign portfolio investor (FPI) inflows into equity markets in the first two weeks of September went into financial services stocks. They attracted flows worth Rs 5,335 crore, while consumer fast-moving goods (FMCG) stocks gained Rs 1,997 crore, data compiled by primeinfobase.com showed. …

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European companies are being forced to “reduce, localize and isolate” in China.

European companies are being forced to “reduce, localize and isolate” their operations in China as the country loses its appeal as an investment destination, executives said in a somber report on operating conditions in the world’s second-biggest economy. The assessment of the European Union Chamber of Commerce in China is …

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Get bad credit payday loans without a credit check

Who do you go to for emergency financial assistance? Banks, credit unions, and microfinance institutions are some of the places to get loans. These conventional lenders have strict loan terms, which mostly exclude applicants with poor credit scores. However, you can still avail loans for bad credit from various lending …

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My top real estate stock to buy in September

Office space is a sector of the commercial real estate industry that has been particularly hard hit by the pandemic. How much space office businesses will need in the coming years is a pressing question, but not all markets are the same. The Sun Belt, for example, is still attracting …

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VA Loan Approval Requirements: A Guide

Should You Get a VA Loan Inspection? Since a home inspection may not be required on a VA loan, some borrowers may choose not to have one as they will have to pay for it. Although it may cost you money up front, a home inspection will provide detailed information …

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Spain’s CNMV red flags FOX NEWS TRADE, LITSFXTRADE21 and 24fb-trade.com

The Comision Nacional del Mercado de Valores (CNMV), Spain’s financial regulator, said in a statement that it has added new websites illegally offering financial services to Spanish citizens to its alert list. Financial regulators have also blacklisted a clone company claiming to be linked to an established Spanish broker-dealer company …

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Sitharaman seeks improved lending from the International Finance Corporation

New Delhi, September 19 (IANS): Finance Minister Nirmala Sitharaman on Monday underscored India’s expectations of improved lending from the International Finance Corporation (IFC) of between US$2 billion and US$2.5 billion over the next one to two years, and by up to in the next three to four years to get …

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4 REIT Stocks to Watch in the Stock Market Today

REIT stocks are an investment vehicle that allows individuals to invest in real estate without having to purchase real estate directly. In short, REITs pool money from many investors and then use that money to purchase and manage income-generating real estate, such as office buildings, malls, or apartments. Additionally, REITs …

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Equity MF vs. REIT: Know the basics of small investments in real estate

Just as mutual funds (MFs) allow you to invest in small amounts to acquire the shares of a diversified and professionally managed MF program, real estate investment trusts (REITs) also allow an investor to leverage real estate investments by investing small amounts without taking out a home loan at all. …

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CB Financial Services (NASDAQ:CBFV) is now covered by StockNews.com

StockNews.com stock researchers undertook coverage of stocks from CB Financial Services (NASDAQ:CBFV – Get Valuation) in a research note issued to investors on Sunday. The brokerage firm gave the bank’s shares a “hold” rating. A number of other research analysts have also issued reports on the stock. TheStreet downgraded shares …

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The solar finance program helps businesses and homeowners take advantage of any roof

An end-to-end solar journey U-Solar goes beyond simply helping businesses and homeowners finance their transition to more sustainable energy, shares Mr. Jasper Wong, Managing Director, Head of Construction & Infrastructure at UOB. “Rather than providing credit on a one-to-one basis, we aim to bring ecosystem players together to create an …

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Payday lenders disappear from Bellevue, rest of state after interest capped at 36% | Nice view

Nebraska payday lenders have all closed in the two years since voters capped the interest rate they could charge. The latest handful waived their delayed depository services business licenses in December, according to records maintained by the Nebraska Department of Banking and Finance. Just six months earlier, there were 19 …

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2 Top Stocks to Hold During the Bear Market

Recent market volatility has pushed the stock market into official bear territory twice this year. The market has recovered slightly but still appears to be in a bear market. Bear markets, uncomfortable as they are, are not an opportunity to fret or panic sell. It’s time to buy and hold …

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21 podcasts mortgage professionals should learn from

1. Mortgage Marketing Radio Mortgage Marketing Radio is a weekly podcast covering “mortgage marketing truth” with interviews with top producers. 2. Loan Officer Freedom Host Carl White, founder of loan officer coaching program The Mortgage Marketing Animals, shares insights for loan officers on how to close more while working less. …

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Apply for new grant for small business startup program, says The Harlem Business Alliance

This brand new $200 million small business seed funding grant program offers grants to early-stage small and micro businesses and for-profit independent arts and cultural organizations impacted by the pandemic. To qualify for this new grant opportunity, you must meet the following eligibility criteria: Do you have a business that …

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Chicago Atlantic Real Estate Finance Announces Third Quarter 2022 Common Stock Dividend

Join us on Wall Street StreetInsider Premium. Request your 1-week free trial here. CHICAGO, Sept. 14, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, announced that its Board of Directors of the directors declared …

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Festive seasonal sales to slow down the real estate market

Home sales have been strong all year due to low interest rates and pent-up demand from the days of the pandemic. While home loan rates are about 7.9 percent today, having stayed at about 6.6 percent for the past two years, demand remains on strong foundations. This trend is expected …

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Senate Democrats say buy now, pay later, products go unregulated

Senate Banking Democrats see the specter of the 2008 financial crisis in emerging technology-based lending products that lack the consumer protections found in traditional forms of lending, including “buy now, pay later” services. Sen. Mark Warner, D-Va., warned that unregulated financial products have migrated from the commercial to the retail …

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ENTEXS Corporation Selects TAP Financial Partners as Its

MIAMI, Sept. 13, 2022 (GLOBE NEWSWIRE) — TAP Financial Partners, a privately held boutique merchant bank, has been retained by ENTEXS Corporation to act as corporate finance advisor. Based in Cameron Park, California, the company develops technologies to automate and streamline cannabis-related extraction and refinement. Under the terms of the …

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Evercore ISI raises Alexandria Real Estate Equities (NYSE:ARE) price target to $194.00

Alexandria Real Estate Equities (NYSE:ARE – Valuation Received) had raised its target price from analysts at Evercore ISI to $194.00 from $185.00 in a research report released to clients and investors on Monday, reports The Fly. Evercore ISI’s target price would indicate a potential upside of 20.99% from the company’s …

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BBB warns against predatory payday loan companies

WICHITA FALLS, Texas (KAUZ) — The Better Business Bureau warns of predatory payday loan companies and fraudsters who thrive among unequal laws and stolen data. Amid inflation, the COVID-19 pandemic and job losses, many consumers have turned to payday loans for short-term solutions, according to the BBB. This would have …

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Fairhope Man pleads guilty to over $1.2 million in PPP fraud

From the US Attorney’s Office, Southern District of Alabama: MOBILE, AL – Jason Carl Pears of Fairhope, Alabama, pleaded guilty to two counts of wire fraud and one count of money laundering before United States District Judge Terry F. Moorer on Aug. 26, 2022. The guilty plea stems from the …

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Trade Alert: Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Independent Director Kerry Campbell has recently sold some shares

We’d be surprised if Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Shareholders have not noticed that independent director Kerry Campbell recently sold $171,000 of shares at $2.23 per share. In particular, we note that the sale represented a 96% reduction in their position size, which doesn’t exactly inspire confidence. Wheeler …

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DCI International now offers a financial product to ensure

NEW YORK, NY, Sept. 10, 2022 (GLOBE NEWSWIRE) — DCI International now offers a wide variety of insurance products and financial investment products. The firm is committed to providing its clients with the financial protection they need so they can make investment decisions with ease, leveraging the financial knowledge and …

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Apollo veteran Josh Harris starts a $5 billion investment group

Josh Harris, the billionaire private equity manager who left Apollo Global Management last year after a chaotic succession battle, is returning to the investment industry with a firm that aims to be a competitor in the financial markets, including private equity, credit and… Insurance. The company, dubbed 26North, will launch …

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Why does my lender want my attorney to send them an Opinion Letter? | Miller Nash LLP

Although they have been around for many years, it is becoming more common for a commercial lender to require the borrower’s attorney to provide them with an opinion. At first glance, this may seem like an oddity: why should the borrower’s lawyer advise the lender? The simple answer is that …

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Massachusetts Financial Services Company UK Regulatory Notice: Form 8.3 – SCHNEIDER ELECTRIC SE

1. KEY INFORMATION (a) Full name of the discloser: Massachusetts Financial Services Company (b) Owner or officer of disclosed interests and short positions, if different from 1(a): The naming of nominee or vehicle companies is insufficient. A trust must identify a trustee, settlor, and beneficiary. (c) Name of the offeror/offeree …

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Almost a third of energy company digital transformation efforts stem from the need for closer integration and collaboration

But nearly three in 10 oil, gas and utility companies say an inability to define and measure ROI remains a barrier to adoption LONDON, September 8, 2022 /PRNewswire/ — More than three in ten (31%) oil, gas and utilities companies worldwide cite tighter integration and cross-functional collaboration as the top …

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Dow closes more than 400 points higher, Nasdaq plummets 7-day slide as Wall Street shrugs off rate hike concerns

Stocks rose on Wednesday, trying to shake off a three-week slide as interest rates and oil prices eased, cooling investors’ concerns about persistently high inflation. The Dow Jones Industrial Average gained 435.98 points, or 1.40%, to end the day at 31,581.28. The S&P 500 rose 1.83% to 3,979.87. The Nasdaq …

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Clarion Partners and Blackstone Real Estate are jointly providing two senior and mezzanine loans for student housing properties in Brickstone Boulder

SAN MATEO, California–(BUSINESS WIRE). valued at more than $180 million. The senior loans were arranged by KeyBank Real Estate Capital. The two properties, also referred to as the Brickstone Boulder portfolio, have a combined total of 312 units and 463 beds and are within walking distance of the University of …

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Technological innovations in financial services are being driven by Web 3.0

Web 3.0 is driving technological innovation in financial services Financial services have seen a surge in technological innovation over the past decade. FinTechs, a collective term for companies that use technology to efficiently offer financial services to customers, have paved the way. We have over 6,000 FinTechs in India and …

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Trump’s Truth Social SPAC faces key shareholder vote

Comment on this story comment Former President Donald Trump’s website, Truth Social, is racing towards a financial cliff that could see its most important lifeline disappear. A Trump-aligned investment firm, Digital World Acquisition Corp., asked shareholders this week to agree to a one-year extension of its merger with Trump’s company …

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BBB study finds payday loan companies thrive amid uneven laws and stolen data – InsuranceNewsNet

As consumers lost their jobs and struggled to make ends meet during the COVID-19 pandemic, many have turned to payday loans and other short-term solutions, with an increase in solutions in line. This has not only allowed predatory lenders to thrive – many borrowers still face exorbitant interest rates and …

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Jim Chanos takes a look at data centers and their high valuations

Comment on this story comment Acclaimed maverick Jim Chanos has had a mixed record. Although his prediction of Enron’s demise was publicized, his bet against Tesla Inc. has proved painful. When it comes to data centers—the gigantic hangars that house racks of computer servers for large corporations—it presents a believable …

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Liz Weston: Should you be tapping into your home equity when home values ​​are rising?

Soaring home values ​​mean many homeowners are awash with equity — the difference between what they owe and the value of their homes. The average home price is up 42% since the pandemic began, and the average homeowner with a mortgage can now tap into over $207,000 in equity, according …

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What You May Not Know About DORA – But Should – Financial Services

European financial services firms have less than 24 months to comply with the European Council’s Digital Operational Resilience Act (“DORA”) once it is formalized later this year. Acting now has great benefits. If you’re an IT manager for a financial services company in the European Union (“EU”), you’ve undoubtedly had …

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M&M Financial climbs 4% to hit 52-week high in August on healthy business

Mahindra & Mahindra Financial Services (MMFSL) shares hit a 52-week high of Rs 216.75 on the BSE and rose 4 percent in intraday trade on Monday after the company posted strong growth in August amid a positive backdrop of the disbursements had recorded macro environment. The Mahindra …

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New BBB study reveals payday scams and predatory lending

FRESNO — As consumers lost their jobs and struggled to make ends meet during the COVID-19 pandemic, many have turned to payday loans and other short-term solutions, with an increase in solutions on line. This has not only allowed predatory lenders to thrive – many borrowers still face exorbitant interest …

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If you like Warren Buffett’s dividend stock, you’ll love these 2 stocks

Warren Buffett owns many stocks, many of which pay dividends. But his company Berkshire Hathaway (BRK.A -1.50%) (BRK. B -1.69%)owns only one Real Estate Investment Trust (REIT): SAVE capital (STURGEON -0.52%). It pays a whopping dividend that currently yields 5.8%. If you’re a Warren Buffett believer and like STORE Capital’s …

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Volker Reichhardt is the new Managing Director of Porsche Financial Services GmbH

WEB WIRE – Saturday 3 September 2022 There has been a change in the management of Porsche Financial Services GmbH (PFS), with Volker Reichhardt taking over the position of spokesman for the management on September 1, 2022. Reichhardt was most recently CFO and Treasurer of Porsche …

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Explainer: Will Germany introduce a windfall tax for energy companies?

BERLIN, Sept 3 (Reuters) – With rising energy prices and a new gas levy in Germany expected to triple fuel bills for consumers from autumn, pressure is mounting for the government to introduce a windfall tax on energy companies to fund further relief measures. Italy and the UK have introduced …

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Real estate stocks are being absolutely destroyed right now

Join us this January at Inman Connect New York for 75+ educational sessions, 250+ expert speakers and networking opportunities with thousands of industry professionals. Register today for our Labor Day special price valid until September 5th! Check out these just announced speakers for this mandatory event. Register here. When it …

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How would a real estate crash affect house prices?

Homebuilder sentiment comes from a monthly survey conducted by the NAHB and the Wells Fargo Housing Market Index. The survey asks over 140,000 members about the situation in the housing industry. The recent reading of 49 marks the first time since May 2020 that the index has fallen above the …

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Ziploan: Financial services platform StrideOne and MSME lender ZipLoan enter strategic partnership

Technology-led financial services platform StrideOne and MSME lender ZipLoan have formed a strategic partnership to drive deeper penetration of the MSME lending space. ZipLoan is a fintech focused on providing working capital solutions to India’s 8 million MSMEs. Currently, ZipLoan has 11,000 customers in five key markets with an asset …

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Indiana AG warns financial companies: With regard to climate, social issues, state pensions are illegal

Indiana Attorney General Todd Rokita has warned there will be penalties for investment firms that consider climate change or other “wake” criteria when managing the state’s pension fund. Mr. Rokita’s notice is part of a political war GOP-led states are waging against Wall Street banks and financial firms that integrate …

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real estate stocks rise | Business Standard News

Real estate stocks traded for gains, with the S&P BSE Realty Index index up 32.41 points, or 0.88%, to 3723.23 at 09:47 IST. Among the constituents of the S&P BSE Realty Index Index are Prestige Estates Projects Ltd (up 3.45%), Phoenix Mills Ltd (up 1.61%), Indiabulls Real …

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