Coppell’s Caliber Home Loans files to go public, capitalizing on mortgage and refinancing boom

Coppell-based home mortgage company Caliber Home Loans is seeking to raise up to $200 million in an initial stock offering.

The fast-growing home loan firm filed Friday with the U.S. Securities and Exchange Commission for its first public securities sale. Record-low interest rates are fueling a home buying and refinancing boom, leading privately owned mortgage companies to capitalize on Wall Street.

Home mortgage originations are forecast to hit $3.9 trillion this year – up from about $2.2 trillion in 2019. More than $2.4 trillion of this year’s home lending volume is homeowners refinancing their property at lower mortgage rates.

Caliber

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Compass and Northbase Finance Partner with Crusoe Energy Systems to Deploy US$20 million of Digital Flare Mitigation Systems

CALGARY, Alberta, Sept. 29, 2020 /CNW/ — Compass Energy Systems (Compass) and Northbase Finance (Northbase) have partnered with Crusoe Energy Systems (Crusoe) to build and finance approximately US$20 million of power generation systems for the expansion of Crusoe’s Digital Flare Mitigation® (“DFM”) technology. The investments are projected to reduce natural gas flaring by approximately 1.7 billion cubic feet/year and CO2 equivalent emissions by up to 60,000 tons/year.

Compass designs and fabricates compression packages, process systems and power generation units for the energy industry, worldwide. Northbase is an unmatched capital solutions provider that helps energy and power producers obtain

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Jafza, Etihad Credit Insurance join forces to support growth plans of UAE businesses

DUBAI, 28th September, 2020 (WAM) — Jebel Ali Free Zone, Jafza, has entered into a strategic agreement with Etihad Export Credit Insurance Company, ECI, to support local businesses, advance exports, and drive the UAE economy during the current economic climate.

The Memorandum of Understanding, MoU, was signed virtually by Mohammed Al Muallem, CEO and Managing Director of DP World, UAE Region and CEO of Jafza; and Massimo Falcioni, CEO of ECI, and was witnessed by senior officials.

As per the MoU, ECI will provide export insurance services to companies licensed by Jafza. It is a result of the shared objectives

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