Chris Frankie

Chris Frankie

Ditech Wins Court Approval for Restructuring Plan

A federal bankruptcy judge in New York has approved Ditech’s plans for selling off its forward and reverse mortgage businesses and gaining Chapter 11 bankruptcy protection. So reports Seeking Alpha.

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Weak Business Investment Hobbles Slowing Economy

Updated figures show that American businesses tightened their purse strings more than previously estimated last quarter while economic growth continued to slow. So reports Reuters.

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Pending Home Sales Rise 1.6% on Low Rates

Contract signings to buy a home rose in August, the third monthly increase of 2019, according to the National Association of Realtors. So reports MarketWatch.

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