Fitch Ratings, New York, said while remote working in the U.S. accelerated as a result of the coronavirus pandemic, and is reducing the importance of proximity to offices and causing migration from urban to suburban and exurban areas, it does not expect any material effect on the credit quality of its rated U.S. residential mortgage-backed securities pools.
The average American household now carries roughly $288,676 in national debt, owes $767 a month on a car payment, and is sitting on credit card balances at over 21% interest. Continue Reading America’s Debt Crisis: The Numbers Are Screaming. Are We Listening?
If convicted of wire fraud conspiracy, the defendants face up to 20 years’ imprisonment. Continue Reading Brooklyn Real Estate Investor and Former New York State Judge Charged with Wire Fraud Conspiracy
Warsh was confirmed in a 54-45 vote along party lines, with Sen. John Fetterman of Pennsylvania as the sole Democrat approving the nomination. Continue Reading Senate Confirms Kevin Warsh as Federal Reserve Chairman
The indictment focuses on 13 victims of the Parkers’ fraud, although investigators believe there are more to be identified. Continue Reading Influencer Couple Indicted for Running Real Estate Investment Scam
The donation is the largest made by an individual in the program’s 41-year history. Continue Reading Commercial Broker Donates $1 Million for Scholarships at University of Connecticut’s Real Estate Program
This marks the first time McDonald’s has committed to a naming rights partnership for a major American professional sports stadium Continue Reading McDonald’s Signs Naming Rights Deal with New Chicago Soccer Stadium
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