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Top related persons:
Kennis Schummer - 1 Schummer - 1 Laurie Goodman - 1 Goodman - 1 he'd - 1 Eoin Matthews - 1 — - 1 Hometap - 1
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Consumer - 1 Urban Institute - 1 Federal Reserve - 1 Bain Capital - 1 Palisades Group - 1 Redwood Trust - 1 Getty - 1 Consumer Federation of America - 1

Search resuls for: "Palisades Group"


3 mentions found


☆ Home Equity Loan Alternative Could Revolutionize the Housing Market
  + stars: | 2024-02-28 | by ( James Rodriguez | ) www.businessinsider.com   time to read: +16 min
Like a lot of homeowners, Schummer was keen to convert some of his theoretical wealth into real cash. These kinds of deals, often referred to as home-equity-sharing agreements or home-equity investments, have existed on the fringes of housing finance for decades. The success or failure of home-equity investments could shape the future of homeownership in America. If the home's value has gone up, everyone wins; sell it for a loss, and the investor might share in that downside. "Over time for us, the customer becomes everybody," Eoin Matthews, the chief business officer and a cofounder of Point, told me recently.
Persons: Kennis Schummer, Schummer, Laurie Goodman, Goodman, he'd, Eoin Matthews, —, Hometap, Jim Riccitelli, Riccitelli, Adam Rust, Rust, Rust wasn't, I'm, Jordan Gilberti, Holly Bunting, Mayer Brown, Edwin Remsberg, Matthews, they'd, Jeffrey Glass, Glass, I've, he's Organizations: Consumer, Urban Institute, Federal Reserve, Bain Capital, Palisades Group, Redwood Trust, Getty, Consumer Federation of America Locations: Pensacola , Florida, California, homeownership, America, Connecticut, Maryland, Florida
☆ The job market held up in May. But the Fed may have already decided to pause
  + stars: | 2023-06-02 | by ( Bryan Mena | ) edition.cnn.com   time to read: +8 min
Washington, DC CNN —The US labor market picked up momentum in May, once again defying expectations of a slowdown. Many economists, including those at the Fed, still expect a recession later in the year. The labor market and signs of future disinflationThe May jobs report mostly showed that the labor market held up. Some top economists have argued that the strong labor market has had a minor, albeit growing, impact on inflation. Hawkish Fed officials still think the Fed’s job isn’t done.
Persons: That’s, Joe Biden’s, ”, Philip Jefferson, Patrick Harker, “, ” Harker, It’s, ” Julia Pollak, ZipRecruiter’s, you’ve, you’d, Dave Gilbertson, hasn’t, Ben Bernanke, ” Jack Macdowell, Louis President James Bullard, Bullard, Louis Fed’s, Louis, Jerome Powell, there’s, Ian Shepherdson, Eugenio Alemán, Raymond James Organizations: DC CNN, Federal, Fed, Federal Reserve Bank of Philadelphia, National Association for Business Economics, CNN, Employers, of Labor Statistics, BLS, UKG, The Palisades Group, Hawkish Fed, Federal Reserve Bank of St, Louis Fed, Pantheon Locations: Washington, Washington ,
☆ The CIO of a $9 billion real-estate investing firm explains why the US will avoid a 2008-sized crash — and says it's a good time to buy in correction-hit cities like Austin
  + stars: | 2023-02-27 | by ( Lisa Kailai Han | ) www.businessinsider.com   time to read: +5 min
Even cities that were hit the hardest, such as Austin, are starting to come back from their lows. Macdowell explains why these types of correction-hit cities now offer intriguing buying opportunities. "I would take the view that in the right property markets, this would actually be a pretty good time to buy," he said. "On the real estate value side — in certain markets, certain neighborhoods — given the lack of inventory, prices will be well supported from where they are today." Although prices in the city have already corrected from their peaks, Macdowell believes that rental rates and growth will remain strong due to local housing demand.
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