Items Tagged with 'Goldman Sachs'

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  • Goldman Sachs is going to hire more women

    Bank is expanding hiring program that seeks to diversify the company
    Goldman Sachs announced it is expanding its year-old program to add more diverse employees to the company worldwide, according to an article from CNBC. The big bank says that half of its new analysts and entry-level associates must be women. The bank also, for the first time, issued goals for it to meet in hiring blacks and Latinos.
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  • Goldman Sachs invests in construction finance tech startup Rabbet

    Wall Street giant takes part in $8 million Series A funding
    Rabbet, a construction finance technology startup based in Austin, Texas, just raised $8 million in its Series A funding round, but that’s not the big story. The big story is one of the companies that participated in the funding round. Included among Rabbet’s new backers is Goldman Sachs, the Wall Street giant.
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  • Citigroup invests in digital mortgage company Better Mortgage

    Citi becomes latest big name to fund mortgage tech startup
    The investors in digital mortgage company and 2018 HW Tech100 winner Better Mortgage are a veritable who’s who of the finance space. And there's a new big name joining that list. Better announced Thursday that Citigroup is investing in the company, joining Goldman Sachs and American Express among Better's backers.
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  • Better Mortgage raises $70 million, led by American Express

    Digital mortgage company now operating in 30 states
    Digital mortgage company and 2018 HW Tech100 winner Better Mortgage already boasts one of the biggest names in financial services as one of its backers: Goldman Sachs. And now, another financial giant is jumping on board. Better Mortgage announced Thursday that it raised $70 million in its Series C funding round, which was led by American Express Ventures and the Healthcare of Ontario Pension Plan.
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  • Goldman Sachs invests $15 million for supportive housing in New Jersey

    Partners with New Jersey Community Capital
    Aiming to provide housing options for the state’s “most vulnerable populations,” Goldman Sachs is partnering with New Jersey Community Capital to provide $15 million to be used for supportive housing in the Garden State. Supportive housing is an affordable housing option that also provides services like job training and placement to its residents.
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  • Goldman Sachs: Fed still has 5 rate hikes to go

    Job creation to reach breakeven pace in 2020
    The Federal Reserve elected to raise the federal funds rate three times so far in 2018, three times in 2017 and once in 2016, but Goldman Sachs says it still has five rate hikes to go. The company noted that the Fed is unlikely to conclude the hiking cycle unless it is reassured that the labor market overshoot doesn’t grow much further.
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  • Goldman Sachs honors Better Mortgage CEO Vishal Garg

    Garg recognized as one of the most intriguing entrepreneurs in 2018
    Goldman Sachs recently recognized Better Mortgage Founder and CEO Vishal Garg on its 100 Most Intriguing Entrepreneurs 2018 list, highlighting his efforts in the housing sector. Garg said Better Mortgage considers the recognition to be a testament to the success of the company's larger mission.
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  • Fannie Mae selling $1.88 billion in non-performing loans to Goldman Sachs subsidiary

    MTGLQ Investors is back
    Over the last few years, Goldman Sachs’ subsidiary MTGLQ Investors has been one of the top buyers of non-performing loans from both Fannie Mae and Freddie Mac, buying billions and billions in loans from both of the government-sponsored enterprises. And now, MTGLQ is preparing to buy another $1.88 billion in non-performing loans from Fannie Mae.
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