A seasoned mortgage buying and leasing specialist finalized his largest and most complex loan to date – a five-year £ 17.35million buy-lease facility for PTL Estates . The Octone Mortgages loan, made at 4.99% with a deferred interest of 1.0%, required a very complex underwriting as it involved the refinancing of no less than 40 …

Colin A. Young BOSTON – With a House and Senate vote on Wednesday afternoon, the Massachusetts legislature effectively launched an 18-month election campaign around a proposed constitutional amendment to raise taxes for the rich and move away from the state flat tax rate structure. The House and Senate, united in a constitutional convention to consider …

WASHINGTON – The United States and the European Union are working on a deal that would resolve long-standing disputes over aircraft subsidies and metal tariffs that sparked a trade war under the Trump administration as President Biden seeks to reconnect with traditional American allies. The two sides hope to reach an agreement by mid-July to …

Bitcoin (BTC) and altcoins saw double-digit rallies, with BTC briefly hitting above $ 38,000 and dogecoin rising 40% once, on June 2, 2021. The rally has not raised hope among investors and the bitcoin fear and greed index is at 24, indicating extreme fear. Investors have good reason to be afraid as the market recently …

Homespire Mortgage announced that it is now an Authorized Dealer / Repairer for Fannie Mae and Freddie Mac. The Maryland-based mortgage company said becoming an approved provider for government-sponsored businesses was an “important goal” of Homespire’s strategic business plan and a milestone in its continued growth. With the approval, Homespire will also have access to …

KUALA LUMPUR (Reuters) – Malaysian Top Glove Corporation Bhd on Wednesday reported a 485% increase in third-quarter net profit as the COVID-19 pandemic led to strong demand for gloves. The world’s largest manufacturer of medical gloves had posted record profits for the previous four consecutive quarters, bolstered by people using more gloves due to increased …

Digital asset business Bitfinex, which offers a crypto-asset trading platform, recently added Solana (SOL) as a guarantee on Borrow Bitfinex, a peer-to-peer (P2P) digital token lending portal. Bitfinex Customers will now be able to acquire loans of up to 70% of the value of their SOL holdings in USD and Stablecoin Tether (USDT). At the …

Newrez LLC hired Mike Smeltzer as Senior Vice President of Non-QM Loans, effective June 7. In his role, Smeltzer will be responsible for managing the production of Non-QM origination across all Newrez origination channels. He will also play a leading role in the growth of Newrez Non-QM production with product development through the credit risk, …

Safehold Inc. (NYSE: SAFE) announced today that Jay Sugarman, President and CEO, will be presenting at Nareit’s REITweek: 2021 Investor Conference on Wednesday, June 9, 2021 at 1:45 p.m. ET. Safehold’s presentation will be streamed live and accessible to all interested parties through the Nareit website, www.reit.com, in the “Events” section. About Safehold: Safehold Inc. …

Margin trading allows investors to borrow stablecoins or cryptocurrencies to take advantage of their position and improve the expected return. For example, borrowing Tether (USDT) will buy Bitcoin (BTC), thereby increasing its long Bitcoin position. Investors can also borrow BTC to trade a short position on margin, thus betting on a fall in price. This …