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  • Linkage – Handpicked News

    • Must-see tweet thread with video by investigative reporter Tolly Taylor on how a North Carlolina beach home Zillow values $381,200 is taken down by the tide and floats into the ocean. (twitter.com)
    • Total consumer debt increased $266b to $15.84t in 1Q22, which is $1.7t higher than at the end of 2019, before pandemic. Here's a current breakdown of mortgage, student, auto, and credit card debt. (newyorkfed.org)
    • Payments companies taking early steps to offer crypto payment options to consumers. Progress will be limited until there is greater regulatory guidance, which is coming end of 2Q22. (spglobal.com)
    • SoFi's $322m revenue in 1Q22 beat expectations of $286m, but 2Q22's $330m forecast was below estimates of $343.7m (cnbc.com)
    • Here’s a good chart on home price rises during pandemic plus charts on home prices in key cities (corelogic.com)
    • It’s not polite to brag, even around the penniless street urchins. Here are things you should never say to someone who makes less money than you. (theonion.com)
    • Spoiler alert: this 3-word metaverse definition is a bit underwhelming, but the piece as a whole has some worthwhile background (insidehook.com)
    • Matt Graham at Mortgage News Daily explains why the bond market that controls mortgage rates moves ahead of the Fed. Mortgage rates had already risen expecting harsh Fed moves. When the Fed actually hiked overnight rates 50 basis points today, mortgages dropped. (mortgagenewsdaily.com)
    • ICE, which owns the NY stock exchange as well as a large mortgage originations software business (formerly Ellie Mae), has entered an agreement to buy Black Knight, which has a large mortgage servicing software and data business. Pending regulatory approval, the deal could close in 2023. (ir.theice.com)
    • Computer monitoring software logs keystrokes, takes screenshots, records mouse movements, activates webcams and mics, or snaps pictures without employees knowing (theguardian.com)
    More Linkage

  • Recent Posts

    • As a creator, can you rely on 1 social platform or site, or do you need to master them all?
    • Business travel spending finally taking off again (CHART)
    • Are anti-crypto politicians like Elizabeth Warren right, wrong, or just unproductive?
    • Here’s how U.S. regulator FinCEN advises banks & lenders to spot sanctions evasion
    • War could reduce global economic growth 0.25% & raise global inflation 0.75%: Wells Fargo

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