Remove 2012 Remove Community Remove Millennials Remove Taxes
article thumbnail

AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

percent since 2012. This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. According to the Federal Reserve , U.S. That amounts to $13.2 trillion, up 18.5 Resetting Mortgage Services.

article thumbnail

How About Profits in the Branch of the Future?

Jeff For Banks

So went the 2012 press release announcing the opening of the next generation of the bank branch. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability.

article thumbnail

Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

When Facebook went public in 2012, the stock fell 15% in its first few days on the market. Dream Exchange, which describes itself as the first minority-owned exchange in the world, intends to launch in 2021 and aims to create a more inclusive trading environment for smaller companies and empower minority communities.