Latest news with #andLoss
Yahoo
7 days ago
- Business
- Yahoo
Dominion Financial Wholesale Announces William Fisher as Director of Wholesale Sales
BALTIMORE, June 2, 2025 /PRNewswire/ -- Dominion Financial Wholesale, a non-QM division of the leading private lender for real estate investors, Dominion Financial Services, is proud to announce the appointment of William Fisher as Director of Wholesale Sales. Fisher will be responsible for expanding Dominion Financial Wholesale's national presence in the non-QM lending market. Fisher brings over 20 years of senior leadership experience in mortgage lending, with a proven track record of building high-performing sales teams, scaling operations, and launching innovative non-QM and Jumbo loan programs. Before joining Dominion, Fisher served as Executive Vice President of Non-QM at Kind Lending, leading one of the industry's most successful launches of a non-QM TPO business unit. He's also held strategic roles at LoanStream Mortgage, Citadel Servicing (now Acra Lending), and Ark Mortgage. "Will knows this business inside and out," stated Dustin Wells, President of Wholesale at Dominion Financial. "He brings a wealth of knowledge, expertise, professionalism, and focused energy to build out a sales organization that we believe can gain market share immediately. We're thrilled to have Will on board." As Director of Wholesale Sales, Fisher will lead the effort to scale the Wholesale Division's national Account Executive footprint, build strategic broker relationships, and deliver elite training programs. He is focused on aligning Dominion Financial Wholesale's product messaging with its expanding non-QM capabilities, ensuring clients receive both unmatched service and results. "This is exactly the kind of opportunity I love, taking a powerful foundation and helping build something extraordinary," said Fisher. "Dominion has a fantastic team, deep roots, and a clear vision. It's the perfect extension of what I've built in the past. I'm excited to bring energy, structure, and competitive spirit to the Wholesale division and help make Dominion Financial Wholesale a household name in non-QM." Fisher also emphasized his commitment to empowering Account Executives and broker partners through experience-based insight and support. "I've been to the top of the mountain in this industry. Now, I get to pass that knowledge on, help individuals hit their goals, strengthen our teams, and grow the company in ways that create long-term success." With plans to grow the team, roll out new products, elevate the brand, and showcase Dominion Financial Wholesale at major industry events in 2025, Fisher's arrival marks a major milestone in Dominion Financial's continued expansion into the wholesale mortgage lending space. About Dominion Financial Wholesale Dominion Financial Wholesale, the non-QM division of Dominion Financial Services, specializes in alternative qualification mortgages, including DSCR, Bank Statement, 1099, WVOE, Profit and Loss, Full Doc, Asset Utilization, Cross-Collateral, and Foreign National programs. Built for brokers, Dominion Financial Wholesale delivers the tools, technology, pricing, and support needed to close more deals. With competitive rates and a DSCR Price-Beat Guarantee, Dominion enables brokers to serve self-employed borrowers, property investors, and clients who don't fit traditional lending criteria. Contact:Brooke RubrightCreative Managerbrooke@ View original content to download multimedia: SOURCE Dominion Financial Services
Yahoo
27-05-2025
- Business
- Yahoo
Indonesia to cut secondary reserve requirement for banks to 4%
The Indonesian central bank, Bank Indonesia (BI), is considering a reduction in the secondary reserve requirement for banks from 5% to 4%, effective from June. This policy adjustment is set to free up Rp78.45tn ($4.84bn) in additional liquidity for the banking sector, reported Reuters. The statement was made by Solikin M. Juhro, BI's head of macroprudential policy, during a press conference. The decision to cut the reserve requirement comes after the central bank's third-interest rate reduction since September. BI is also raising the limit on foreign funding for local banks to 35% of their capital, up from 30% to enhance liquidity and loan growth. This move was confirmed by BI last week and that it would adjust the sharia Profit and Loss Sharing (PLM) by 100 basis points from 3.5% to 2.5% for sharia commercial banks, with repo flexibility of 2.5%, to be implemented from 1st June 2025. The central bank has also reiterated its strategy to stabilising the rupiah through interventions in both offshore and domestic foreign exchange markets, and by purchasing government securities in the secondary market. Furthermore, the bank also emphasised its strategies for term-repo and forex swap transactions to secure liquidity in the money market and banking industry. It was confirmed to reduce the BI-Rate to 5.50% and deposit facility (DF) rate to 4.75% and the lending facility (LF) rate to 6.25%, all by 25bps. "Indonesia to cut secondary reserve requirement for banks to 4% " was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
02-05-2025
- Business
- Mint
How to download your dividend statement from HDFC Securities? A step-by-step guide
For investors in India, maintaining a clean and accurate record of dividend income is crucial for proper financial planning and income tax compliance. To meet the same expectations HDFC Securities provides multiple avenues through which dividend statements can be obtained. The objective of providing various platforms to investors for downloading dividend statements is to bring more transparency and ease in the entire process. Here are step by step process for downloading the dividend statements from HDFC Securities: HDFC Securities doesn't provide a standalone dividend statement. The dividend details instead are integrated within the Consolidated Account Statement (CAS) and the Profit and Loss (P&L) statement. Now, all these documents cumulatively provide a crisp and comprehensive insight into your investment activities, including the total dividends received in a particular financial year. The CAS provides for a holistic view of your total holdings across mutual funds and depositories detailing transactions along with dividend credit information. To download your CAS: Visit the CAMS online portal: Navigate to the online portal of CAMS. Opt for investor services: Select the 'Investor Services' section. Request CAS to provide your dividend statement: Click on 'CAS – CAMS, Karvy, FT, or SBFS' tab to request for your consolidated dividend and mutual fund statement from the respective registrar. Submit the requested details: Enter your registered email address, mobile number and PAN for the verification process. Set a new password: Choose a password for the PDF statement. Receive your statement: Your consolidated account statement will be emailed to you. It will have the details of dividends and other transactions carried out by you throughout the financial year. Note: Be careful with your email registration details. Ensure that your email is registered with your mutual fund manager to receive the CAS at the correct email address. To check your detailed account of trading activities including dividends you can refer to your P&L statement: Log in to HDFC Securities: Carefully enter your details on the HDFC Securities. Navigate to 'Portfolio': Select the 'Portfolio' option and select 'Profit & Loss Statement' Choose parameters: Select the financial year, asset type (example equities) and period. Download the statement: Click on the export icon. This will help you in downloading the statement in your preferred format. This statement will provide you a list of all the dividends received during the selected period by you. This document will come in handy when you are moving ahead with tax filing purposes. If you've invested in mutual funds through HDFC, you can request a dividend statement directly: Visit the HDFC mutual fund's request page: Go to the official website of HDFC Mutual fund and click on the request page. If in doubt, discuss with the concerned customer service executive. Enter your folio number details: Submit your folio number details and select the tab 'Dividend Statement'. Select the method of delivery: You can opt to receive the statement either through mail or simply download it from the link and save. Note: Ensure your contact details are up-to-date to receive the statement without issues. Hence by following the above given simple steps you can download your dividend statement from HDFC Securities. This can go a long way in assisting you with your income tax filing and efficient financial planning and management. Disclaimer: The information provided in this guide is intended for general informational purposes only. For personalised advice or specific queries related to your dividend statement, please consult HDFC Securities or a financial professional. First Published: 2 May 2025, 03:39 PM IST
