Tanya Bustos
speaker
449 appearances
15 recordings
1 series
first heard Jul 2017
last heard Aug 2019
Tanya Bustos’s voice in public audio — every appearance, attributed to the second.
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Appearances
But first, here are some money headlines.
The FHA is clamping down on risky government-backed mortgages.
The federal agency that insures mortgages for first-time buyers is tightening its standards.
concerned it is allowing too many risky loans to be extended.
The Federal Housing Administration told lenders it will begin flagging more loans as high risk.
Those mortgages will now go through a more rigorous manual underwriting process.
The FHA's decision to tighten underwriting could mean fewer first-time homebuyers are able to get mortgages.
Roughly 40,000 to 50,000 loans a year likely would be affected, or about 4% to 5% of the FHA's insured mortgages.
Ride-hailing company Lyft is leading a parade of Silicon Valley companies to Wall Street that display an unusual quality, lots of red ink.
The latest journal reporting writes that with its initial public offering expected this week, Lyft will serve as one of the biggest tests of the public market's appetite for money-losing companies.
Of the five companies with the largest losses before an IPO, four of them, Groupon, Moderna, Snap, and Vonage, have performed poorly on the public markets.
A fifth, Via Systems Group, went private a year ago at a fraction of its IPO value.
And according to the Journal for Investors Betting on the Coming IPOs, the main appeal is rapid growth, which Lyft has made a centerpiece of its push to Wall Street.
And Venmo has a message for its users.
If you owe us money, we're coming for it.
The digital transfer service operated by PayPal Holdings is ratcheting up pressure on users the company says owe it money for transactions that went awry.
In a bid to curb losses on its platform, Venmo is threatening to sick debt collectors on some users who carry negative balances in their accounts.
Venmo also recently amended its user agreement to give itself the power to recover money its customers owe by seizing it.
from their other accounts at PayPal.
Journal writes that PayPal's difficulties in trying to turn Venmo into a moneymaker show how banks and financial tech companies are having a hard time making finance faster and more convenient for customers while also earning a profit.
Showing 81–100 of 449 · page 5 of 23
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