In July 2024, Roadzen launched a key initiative to strengthen its balance sheet, primarily by renegotiating and reducing payables associated with the going-public transaction and short-term debt. To ...

Eliminates $8.7 Million of Maturing LiabilitiesDeleverages Assets & Strengthens Balance SheetCreates Flexibility to Pursue ...

Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today ...

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $36.1 million, or $0.41 per common share on a diluted basis for the fourth quarter of ...

Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its fourth quarter 2024 net income was $10.6 million, or $0 ...

Demonstrating the Company's commitment to strengthening its balance sheet, $397,064.70 of these promissory notes was converted into common shares of the Company between May 21, 2024 and October 31 ...

Many Americans have been holding off on buying homes over the last few years due to the sharp increases in mortgage rates and home prices that occurred over the last couple of years. The average ...

The rate on the 30-year mortgage, the most popular home loan in the United States, jumped to 7.04 percent this week, up from 6.93 percent the previous week. Mortgage rates tend to track the yield ...

the Mortgage Bankers Association said on Wednesday. It was the fifth straight weekly rise and puts the main home-loan rate nearly a full percentage point above where it was in September ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. The balance sheet, income statement, and cash flow ...