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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales.

Regional 145
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Valley National is targeted by investors spooked by NYCB's loss

American Banker

Valley National, based in Morristown, New Jersey, has a high exposure to commercial-property loans relative to its peers. 31, with heavy exposure to New York, Florida and New Jersey. The bank reported that almost half its $50.2 billion loan book was in commercial real estate as of Dec.

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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. Home sales in that region were up more than 40 percent. million units.

Survey 227
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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.

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Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age

PYMNTS

Like the name implies, Anchor Shops try to preserve the bit of the department store experience that is still working — a physical place that consumers go to discover new brands and to examine products before they are purchased — while minimizing the parts of the old model that drag department store profits down such as the wholesale inventory model.

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Morning Scan: Wells Settles; Silicon Valley Seeks Gold in New Jersey

American Banker

Receiving Wide Coverage. Another hit: Wells Fargo has agreed to pay $50 million to settle a class-action lawsuit in which it was accused of overcharging homeowners for appraisals ordered after the borrowers defaulted on their mortgages. The plaintiffs allege they were charged $95 to $120 for a service that cost the bank $50 or less.

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When Loyalty Is Unattended Retail’s Key Feature

PYMNTS

And ticketing technology for public transportation is arriving on mobile, too: Cubic Transportation Systems recently notched a contract from the National Transport Authority for a mobile ticketing system in Ireland. The projected value of the kiosk market’s food and beverage revenue by 2021 is $310 million.