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Tag Archives: Industry

: Under President Biden, expect more aggressive oversight of the student-loan industry

The Trump-appointed director of the Consumer Financial Protection Bureau Kathy Kraninger said Wednesday that she is resigning at the request of U.S. President Joe Biden. “As requested by the Biden administration, today I resigned as Director of the CFPB,” she said. “I am proud of all that we accomplished on …

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: Venmo’s new credit card has personalized rewards — it could affect perks across the industry

Venmo is rolling out a credit card with a personal QR code that users can show friends when trying to split payments. PayPal Venmo’s new credit card, by design, is meant to appeal to a younger demographic than a flashier card like the Chase Sapphire or American Express Gold Card. …

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Rates hit another historic low as housing industry continues to boom

Millions more Americans could save money through a refinance as mortgage rates hit another historic low. The 30-year fixed-rate mortgage average hit 2.86% this week, according to Freddie Mac. Just one year ago, rates were considered low at 3.56%. Data analytics company Black Knight says that drop means more than …

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Outside the Box: What could save the hotel industry amid the pandemic — a hub for work and play

Like so many industries upended by COVID-19, hospitality is undergoing a massive transformation. U.S. hotels are losing $ 400 million a day in room revenue, adding up to over $ 46 billion so far in 2020. The staggering loss has accelerated trends, forcing change faster than anyone could have ever …

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4 Technology Trends that are Transforming the Real Estate Industry

There is no industry that is immune to tech advancements. However, the real estate industry has been slow in adopting technological trends and advancements, but not anymore. Some trends like PropTech is already booming and it’s changing the way investors sell, buy, and interact with both residential and commercial properties. …

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The Impact of COVID-19 on the Housing Industry in USA and Australia

COVID-19 has been one of the many plagues that have wreaked havoc on our earth in recent history. It took us all by surprise because we never expected to experience this particular disease in such a global scale in today’s modern world. It is a global pandemic that has affected …

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