Big banks to rescue First Republic with $30B in depositsÂ
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure.
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure.
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The deal is the latest in Guild’s string of acquisitions. The company bought Legacy Mortgage in February, which expanded its presence in the southwest region. Legacy originates loans in four states: Arizona, Colorado, New Mexico, and Texas. “We continue to look for potential new partners with strong local teams, a history of growth and community … [Read more…]
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A bear put spread â also referred to as a debit put spread and as a long put spread â is an options trading strategy where a bearish trader purchases a put option at the same time as they sell another put option with a lower strike price and the same expiration date. Essentially the […]
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Mortgage rates fell. Then mortgage rates rose. Then mortgage rates fell again. What the heck is going on out there? Bank runs, bank failures, no more Fed rate hikes? Itâs called uncertainty, which leads to volatility in everything from stocks to bonds and mortgage rates. So if youâre not sure whatâs going on, join the… Read More »Mortgage Rates Are Very Volatile Right Now. Hereâs What to Watch For
The post Mortgage Rates Are Very Volatile Right Now. Hereâs What to Watch For appeared first on The Truth About Mortgage.
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