McLEAN, Va. - (12/23/04) -- Long-term mortgage rates rose thisweek, after falling the previous two weeks, according to FreddieMac. The average for the benchmark 30-year, fixed-rate loan climbedto 5.75%, from 5.68% last week; while the average for the 15-year,fixed-rate mortgages inched up to 5.18%, from 5.11%. The averagefor the one-year ARM held steady at 4.17%, down slightly from 4.18%last week.
Bridge will join a number of digital asset firms vying for the coveted charter, seizing on the crypto-friendly environment in the second Trump term.
Treasury laid off all of its Community Development Financial Institution Fund staff on Friday, with the reduction in force notices saying that the department plans on abolishing the fund.
After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman.
The megabank's multiyear effort to simplify its business model and improve its risk management is starting to pay off in the form of more consistent profitability and improved returns, CEO Jane Fraser told analysts.
The credit infrastructure and analytics company secured $35 million in a Series D funding round, led by Socium Ventures, the venture capital division at Cox Enterprises, to expand cash-flow underwriting into auto lending and personal loans.
