People are refinancing their mortgages, says Quicken Loans chairman

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Many of us have experienced the desperation that comes from crushing debt at one point in our lives. Whether it’s student loans, car payments, credit card balances, or all of the above, debt is one........»»

Federal Reserve Chairman Jerome Powell is putting a spotlight on the growing tent city near his Washington, D.C. office and the people hardest-hit by the pandemic. Here's why the pain felt on Main Street could matter a lot for Wall Street......»»

Gregory Blotnick is accused of transferring a "vast majority" of the money he got from five PPP loans to his personal trading accounts. A page from the PPP loan application that people have to fill out for fina.....»»

Oracle co-founder and Chairman Larry Ellison has bought an $80 million mansion in North Palm Beach, Florida, the Wall Street Journal reported, citing two people familiar with the deal.  It’s been a good week for Ellison. His net worth hit $.....»»

While the government has frozen student-loan interest .....»»

These Are The Companies Whose Employees Most Often Get Payday Loans Submitted by Priceonomics, Payday loans are used by people who need money fast, who often have no other way of bo.....»»

Rocket, billionaire Dan Gilbert's company, joins GameStop as a Reddit favorite......»»

It was too good a deal to pass up. Starting nearly two decades ago, Poles got the opportunity to take out mortgages denominated in Swiss francs with interest rates less than half the prevailing level for loans in Polish zloty. More than a milli.....»»

New York prosecutors are investigating financial dealings around some of Donald Trump's signature Manhattan properties, extending the known range of the criminal probe of the former president and his company, according to people familiar with the matter......»»

Six weeks after American Airlines said it would recall nearly 19,000 employees back to work, the Fort Worth-based airline told employees Wednesday up to 13,000 employees could be furloughed come the spring. Chairman and CEO Doug Parker and Presid.....»»

Judge rules "simply taking a COVID-19 test, something hundreds of millions of people have safely done...will allow the defendant to exit isolation." Otero County Commission Chairman and Cowboys for Trump co-founder Couy Griffin rides.....»»

The number of people intent on purchasing a home rose in the past week by 8%......»»

After the pandemic halted non-QM borrowing in March, underwriting for these loans picked up mid-year. A non-QM broker explains what happened to the market in 2020 and where it's headed in 2021......»»

Hawaii Bankers Association executive director Neal Okabayashi encouraged people not to waste time for the first-come, first-serve loans......»»

Walt Disney Co. executive chairman Robert Iger has told people close to the incoming Biden administration that he would be interested in serving as U.S. ambassador to China, according to people familiar with the matter......»»

The coronavirus pandemic has complicated the process mortgage lenders use to underwrite home loans for people with student debt......»»

The troubles homeowners face now could make it harder for other people to get home loans in the future......»»

Businesses owned by women and people of color or in rural areas may have been left out of PPP loans......»»

Businesses owned by women and people of color or in rural areas may have been left out of PPP loans......»»