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Marketwired - Financial Services

Marketwired - Financial Services

Last Build Date: Fri, 16 Mar 2018 15:46:14 EDT

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Freddie Mac March 2018 Insight

Fri, 16 Mar 2018 15:15:00 EDT

Why is Adulting Getting Harder? Young Adults and Household Formation

Freddie Mac Announces Pricing of $497 Million Multifamily Small Balance Loan Securitization

Fri, 16 Mar 2018 11:05:18 EDT

MCLEAN, VA--(Marketwired - Mar 16, 2018) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB47 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $497 million in Multifamily SB Certificates (SB47 Certificates), which are anticipated to settle on or about March 27, 2018. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are backed by properties with five or more units. This is the third SB Certificate transaction in 2018.

ITA Coding Combat Relaunches as ITA TechForward's Inaugural Event

Thu, 15 Mar 2018 15:03:02 EDT

The revamp of the virtual STEM challenge follows on the success of last year's Tech Challenge online component

Noble Capital Markets Changes Its Equity Research Rating on tronc, Inc.

Thu, 15 Mar 2018 13:30:43 EDT

NEW YORK, NY--(Marketwired - March 15, 2018) - Noble Capital Markets, Inc. (Noble) announced today that on March 12, 2018, changed its equity research coverage rating on tronc, Inc. (NASDAQ: TRNC). The report was published by Noble's Director of Research and Senior Research Analyst, Michael Kupinski. Executives of tronc presented at the fourteenth annual NobleCon equity conference held January 29th and 30th, 2018 at the W Fort Lauderdale.

Mortgage Rates Drop for First Time in 2018

Thu, 15 Mar 2018 10:00:00 EDT

MCLEAN, VA--(Marketwired - Mar 15, 2018) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate dropping after nine consecutive weeks of increases.

BBX Capital Corporation Obtains $50 Million Line of Credit

Thu, 15 Mar 2018 08:00:00 EDT

FORT LAUDERDALE, FL--(Marketwired - March 15, 2018) - BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital" or the "Company") announced today that the Company and certain of its subsidiaries have entered into a Loan and Security Agreement (the "Loan") and related agreements in a Multi-Bank Facility led by IberiaBank. The facility provides for a $50 million revolving line of credit.

Engagement Labs Renews Contract With Leading US Telecom; Grows Annual Contract Size by 100%

Wed, 14 Mar 2018 16:00:00 EDT

Expands Relationship to Include Second National Brand

Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-F44

Wed, 14 Mar 2018 10:21:00 EDT

MCLEAN, VA--(Marketwired - Mar 14, 2018) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with seven-year terms. The approximately $1.3 billion in K Certificates (K-F44 Certificates) are expected to settle on or about March 26, 2018.

IEG Holdings Announces Distribution by CEO of Investment Evolution Coin Ltd. Shares to IEG Holdings Shareholders and Hold on Cryptocurrency Development

Wed, 14 Mar 2018 09:00:00 EDT

LAS VEGAS, NV--(Marketwired - March 14, 2018) - IEG Holdings Corporation ("IEG Holdings") (OTCQB: IEGH) announced today that, after considering the potential risks and benefits, it will not pursue a cryptocurrency offering or any other cryptocurrency-related ventures at this time. IEG Holdings will continue to monitor the developing regulatory landscape surrounding this new technology and may consider cryptocurrency opportunities in the future. In addition, we will continue to explore the potential application of blockchain technology to our core consumer lending business.

BBX Capital Corporation Announces Intention to Commence a Cash Tender Offer for Shares of its Class A Common Stock

Wed, 14 Mar 2018 07:55:19 EDT

FORT LAUDERDALE, FL--(Marketwired - March 14, 2018) - BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital") announced today that it intends to commence a cash tender offer to purchase up to 6,486,486 shares of its Class A Common Stock at a purchase price of $9.25 per share. The closing share price of BBX Capital's Class A Common Stock on March 13, 2018, the last trading day prior to today's announcement, was $9.18. The shares proposed to be purchased in the tender offer represent approximately 7.6% of the total number of outstanding shares of BBX Capital's Class A Common Stock and would involve an aggregate purchase price of approximately $60 million. If the tender offer is commenced and completed and more than 6,486,486 shares are tendered in the tender offer, BBX Capital will purchase shares from its shareholders who properly tender shares, on a pro rata basis, based on the aggregate number of shares tendered.

Orriant Wins Prestigious Best & Brightest In Wellness(R) 2017 Elite Winner Award

Tue, 13 Mar 2018 07:00:00 EDT

SALT LAKE CITY, UT--(Marketwired - March 13, 2018) - The 5th annual Nation's Best & Brightest in Wellness® Program recently announced its 2017 winning companies. This program celebrates the accomplishment in achievements and success in empowering employees on a wellness journey. The Best & Brightest In Wellness® focuses on the value of wellness not only within business, but in the community.

BBX Capital Corporation to Participate at the Sidoti & Company Spring 2018 Conference

Mon, 12 Mar 2018 13:30:00 EDT

FORT LAUDERDALE, FL--(Marketwired - March 12, 2018) - BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX Capital" or the "Company") announced today that it will participate in the Sidoti & Company Spring 2018 Conference in New York City on Thursday, March 29, 2018, at the New York Marriott Marquis.