Cantor Fitzgerald International and its affiliate eSpeed International, which had World Trade Centeroffices and have been active in the mortgage-backed securities and technology markets, had as of Tuesday morningconfirmed that more than 340 employees were safe and received reports that more than 25 also have survived. Thecompany, which employed approximately 1,000 people in offices on upper floors of the Trade Center, has also beenproviding family and friends of its employees with the names of those who have been reported or confirmed safe.Cantor Fitzgerald has requested that employees on the "reported" list who are able to confirm directlywith the company that they are safe, do so. In addition, Cantor Fitzgerald and eSpeed haveestablished a relief fund for the families of those lost in the World Trade Center disaster on Sept. 11. Donationswill be used "to provide emergency, short-term financial assistance, emotional and mental health support,plus ongoing assistance for things like child care, college tuition, and long-term health care in the difficultmonths and years ahead," Cantor Fitzgerald said. Information on how to donate to the fund is available onthe company's website at http://www.cantorusa.com.
-
A loan that combines features of buy-before-you-sell offerings and home equity solutions might be the type of financing needed for buyers to compete in current and future housing markets, Calque's founder says.
1h ago -
A plaintiff alleges that from March to April he received at least 48 calls from the mortgage lender soliciting him to use Loandepot's services.
1h ago -
The lender lost a battle to toss the lawsuit, but convinced a judge to compel the regulator to produce data on its competitors.
3h ago -
A group of plaintiffs in another action against the National Association of Realtors and three franchisors claimed harm if the May 9 final settlement hearing took place.
May 8 -
Out of the 221 metro areas tracked, 205 had existing home price increases and just 15 reported year-over-year declines, the National Association of Realtors said.
May 8 -
Federal Reserve Governor Lisa D. Cook highlighted concerns over private credit growth, commercial real estate distress and escalating cyber threats in remarks on financial stability at the Brookings Institution Wednesday.
May 8