Key takeaway: Federal Reserve Gov. Michael Barr said tariffs and the Iran war are short-term pressures on rural communities, while artificial intelligence will have longer-term, mixed effects. Expert quote: ‘Given rapidly changing circumstances, it is too early to know the path for prices as events in the Middle East unfold.” — Federal Reserve Gov. Michael […]
Fed’s Barr says tariffs, geopolitics weigh on rural areas Read More »
Quarter-to-quarter mortgage production at both JPMorgan Chase and Wells Fargo fell by about 2.5 times more than what the Mortgage Bankers Association is predicting for the industry, a Keefe, Bruyette & Woods flash note commented. Processing Content The MBA’s March forecast called for $1.46 trillion in volume for the first quarter, with just a $21
Chase, Wells mortgage slump: what it means for non-banks Read More »
Cornerstone Capital Bank in Houston announced it has launched a new qualified retirement plan that invests in its parent company’s stock and allows employees to share in ownership. Processing Content Company team members, including those in affiliated business arrangements, will be eligible to participate in the employee stock ownership plan. Joint venture and real estate
Cornerstone Capital Bank adds employee stock ownership plan Read More »