Rocket Mortgage braces for a downturn

Rocket Mortgage generated over $ 100 billion in mortgages for another quarter, but profit margins are declining. And the nation’s largest mortgage lender expects a significant slowdown in the second quarter of 2021. All in all, the Detroit lending center generated $ 103.6 billion in closed loans in the first …

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Illimity ends first quarter 2021 with net profit

Customer loans and net investments up 34% year-on-year to more than 2.2 billion euros, with an increasing SME component The result confirms the significant growth trajectory expected profit for the year 2021 June 22, 2021: presentation of the new STRATEGIC PLAN 2021-25 Assets of 4.3 billion euros (3 billion euros …

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FRANKLIN ELECTRIC CO INC: Creation of a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (Form 8-K)

Point 2.03. Creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a registrant. At May 13, 2021, Franklin Electric Co., Inc. (the “Company”) has entered into the Fourth Amended and Restated Credit Agreement between the Company, Franklin Electric BV, a Netherlands private limited company (“Franklin …

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UK Tour: DB Diets Stronger Than Pre-COVID Levels | New

According to Legal & General Investment Management (LGIM), defined benefit (DB) pension schemes in the UK have seen a marked improvement from the sharp decline at the start of the pandemic and are now much stronger than during the pre-COVID period. LGIM’s Health Tracker, a monitor of the current state …

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Direct lenders ready for windfall as US economy cools

NEW YORK, Nov. 14 (LPC) – Private credit funds with deep pockets, capital flexibility, and rigorous investment are positioning themselves for the windfall that could follow if the U.S. economy cools down was expected to further reduce bank liquidity and investor appetite for broad loan syndication. Banks, wary of an …

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Orion Energy Partners closes $ 1.08 billion of infrastructure loan fund III

NEW YORK–(BUSINESS WIRE) –Orion Energy Partners (“Orion”), a provider of credit and equity solutions supporting infrastructure investments in energy transition and environmental innovation, today announced the definitive closure of Orion Energy Credit Opportunities Fund III (“ Fund III ”). With an oversubscribed offering exceeding the original target of $ 900 …

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