The stocks of three real-estate-related companies will be added to the Russell 3000 and the Russell 2000 indices on July 1, and two of them will be added to another Russell index.E-Loan Inc., an online mortgage, home equity, and auto lender based in Pleasanton, Calif., and Delta Financial Corp., a nonconforming mortgage lender based in Woodbury, N.Y., are scheduled to be listed on the Russell 3000 Index, the Russell 2000 Index, and the new Russell Microcap Index. (Membership in the Russell 3000 means automatic inclusion in either the large-capitalization Russell 1000 Index or the small-cap Russell 2000, the companies said.) American Retirement Corp., a national provider of senior-living housing and care, will be added to the Russell 3000 and the Russell 2000. The indices are published by Russell Investment Group, Tacoma, Wash., which can be found on the Web at http://www.russell.com
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The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
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Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
September 11 -
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
September 11 -
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
September 11 -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
September 11 -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
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