Heeding industry concerns, FHFA delays GSE refi fee until December

·

·

Heeding industry concerns, FHFA delays GSE refi fee until December

After a chorus of criticism from the lending and real estate industries, the Federal Housing Finance Agency (FHFA) has postponed until December the implementation of its new refinance fee for loans backed by Fannie Mae and Freddie Mac. Labeled an …
See Original Article

Glencore Makes U-Turn to Back Artisanal Mining of Cobalt

Glencore Plc, the top cobalt producer, backed a new initiative to support informal miners in the Democratic Republic of Congo as the industry tries to reassure carmakers about ethically mined supplies of the battery metal. The company, which has long argued …
See Original Article

Check out the huge Krispy Kreme shop coming to Times Square in Manhattan

NEW YORK (WABC) — Krispy Kreme will open a massive new flagship store in Times Square. CEO Michael Tattersfield says it is set to open on September 15. The 4,500 square-foot donut shop will include a glaze waterfall, a 24-hour street pick-up window, …
See Original Article

Rio Tinto execs lose bonuses but keep jobs after destruction of ancient aboriginal caves

London (CNN Business) Rio Tinto will cut the bonuses of three senior executives by a combined £3.8 million ($5 million) after the company blew up a 46,000-year old sacred indigenous site in Australia to expand an iron ore mine. In a report published …
See Original Article

UPDATE 1-UK retail footfall jumps fourfold as rebound accelerates – Springboard

(Adds detail, background, quotes). By Marc Jones. LONDON, Aug 24 (Reuters) – Shopper numbers across all UK retail destinations rose by 4.1% last week as near 7% jumps in London and the south east led a significant acceleration in activity, researcher …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.