Additional companies and organizations with connections to the mortgage and real estate industrieshave announced donations to the relief effort for victims of the Sept. 11 catastrophes. California FederalBank, the San Francisco-based thrift, says it will contribute $100,000 to the September 11th Fund established bythe United Way and The New York Community Trust to aid the victims and their families. The California Associationof Realtors has approved an initial donation of $25,000 to the Realtors Housing Relief Fund established by theNational Association of Realtors to help victims' families meet their housing costs. General Growth Properties,a Chicago-based mall owner and developer, says it will use its 145 malls to host "We Care, America" collectionsites for the American Red Cross effort to aid the victims. Macerich Co., a Santa Monica, Calif.-based owner andoperator of regional malls, also announced that its malls are supporting relief efforts by the Red Cross and theSalvation Army and distributing hand-held flags and flag etiquette guides. The addresses of the company and organizationwebsites are http://www.calfed.com, http://www.car.org, http://relief.realtor.org, http://www.generalgrowth.com, and http://www.macerich.com.
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The industry reported $275 million in losses from internet crimes last year, a 59% annual increase as losses nationwide surpassed $20 billion.
April 10 -
A Colorado couple filed suit after realizing they might owe as much as $279,000 on a home equity investment contract used to obtain $88,000 in 2018.
April 10 -
Economists surveyed by Wolters Kluwer are scaling back rate cut expectations as Iran conflict-driven energy costs push inflation higher, complicating the Fed's path forward.
April 10 -
A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.
April 10 -
Jumbo loans demand more scrutiny and documentation, but automation is streamlining the process — and lenders who master the product stand to gain in a moderately bullish market.
April 10 -
LoanDepot will integrate Figure's proprietary credit and loan underwriting engine into its own proprietary mello technology platform and point of sale system.
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