
Mortgage rates climbing again on hot CPI report, Powell testimony
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word.
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Redfin to shed 450 staffers after $100M rental deal with Zillow
On the same day Redfin announced a new partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate the positions of approximately 450 employees.
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NCino acquires integration partner Sandbox Banking for $52.5M
In a flurry of activity, the cloud banking solutions provider appointed Sean Desmond as CEO while granting a big shareholder, HMI Capital Management, a seat on its expanded board of directors.
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Investor who worked with Fox & Friends host sentenced for fraud
Bert Whalen was ordered to serve over 3 years in prison for his role in a scheme to sell hundreds of dilapidated homes to rookie investors, working at times with a former host of Fox & Friends.
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