Franklin Credit Management Corp., Jersey City, N.J., has reported the receipt of a noncompliance notice from the NASDAQ Stock Market regarding the listing of Franklin's common stock. The notice said the stock has failed to maintain a minimum bid price of $1 or more per share for the preceding 30 business days. Compliance would be restored if the stock closes at $1 or more per share for at least 10 consecutive trading days before Aug. 18, Franklin said. If the stock has not returned to compliance by that date, NASDAQ will provide a written notification that Franklin's stock will be delisted. Franklin can be found online at http://www.franklincredit.com.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
July 3 -
The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
July 3 -
The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
July 3