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Signage stands outside the Freddie Mac headquarters in McLean, Virginia, U.S., on Monday, May 11, 2020. Andrew Harrer | Bloomberg | Getty Images The number of borrowers in government and private sector coronavirus-related mortgage bailouts just fell by the largest weekly volume since these plans were put in place. There are, however, warning signs that
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Aerial view of the home of Ghislaine Maxwell in Bradford, New Hampshire. NBC News Ghislaine Maxwell, the accused procurer for dead convicted sex criminal Jeffrey Epstein, was arrested Thursday at a New Hampshire home purchased for $1 million last December by a “legal entity” The entity was created after the homeowner’s real estate agent balked
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EmirMemedovski As the coronavirus pandemic stretches on and the U.S. economy remains mired in a recession, many Americans may be struggling to come up with cash.  Almost half of the population is still out of work, according to the Bureau of Labor Statistics. The employment-population ratio, which is the number of employed people as a
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ROBERTO SCHMIDT It’s impossible to think about racial injustice in the U.S. without looking at the distribution of dollars.  In many ways that Americans work to establish themselves financially — through the stock market,  net worth and homeownership — Black families trail White families. “To put it simply, we don’t have a level playing field,” said Evelyn Brodkin, an
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Founders: Ian Brady, Mike Cagney, James Finnigan, Dan MacklinCEO: Anthony NotoLaunched: 2011Headquarters: San FranciscoFunding: $2.3 billionValuation: $4.8 billionIndustry: Banks, financial institutionsPrevious appearances on Disruptor 50 List: 5 (No. 26 in 2019) George Kavallines The coronavirus pandemic has stopped many industries in their tracks but has accelerated the need for others. Count digital finance in the latter category, as consumers have lost
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Construction workers install frames for windows and doors in a home being built in Bloomfield Hills, Michigan, on Thursday, May 7, 2020. Emily Elconin | Bloomberg via Getty Images A faster-than-expected turnaround in homebuyer demand, following a sharp drop-off at the start of the coronavirus pandemic, has the nation’s homebuilders bullish on their business again.
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