NerdWallet Secures $64 Million in Series A Funding to Transform Personal …PR Newswire (press release)By balancing personal finance in favor of the consumer, the company aims to provide economic well-being for everyone. When combined with existing cash reserves and a $33 million flexible loan facility from Silicon Valley Bank, the funding gives …and more »
Bloomberg ViewNomura and RBS Told a Few Mortgage FibsBloomberg ViewAs for the loans being bad, Judge Cote concluded that the originators from whom Nomura bought its loans pretty much ignored their own underwriting standards — “Measured conservatively, the deviations from originators’ guidelines made anywhere from 45 …and more »
Daily MailWhy homebuyers face a tough springDaily MailEven with low rates, rising home prices and stagnant wages have made it tougher for many people to save for a down payment. Many buyers are choosing adjustable-rate mortgages, which accounted for 16 percent of all home purchase loans so far this year, …and more »
TheStreet.comStocks Close Lower on Uncertainty Over Greek BailoutTheStreet.comThe country is struggling to make debt repayments and after several months of talks with its European creditors, Greece has “failed to agree on further reforms and savings Athens needs to quality for a 7.2 billion euro ($8 billion) loan installment …and more »
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