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Is MFA Financial going out of business? MFA Financial was a New York-based real estate investment trust (REIT) that operated in the residential mortgage sector. It invested in mortgage-backed securities and other tangible estate-related assets. However, in early 2023, MFA Financial announced it was leaving the business. This announcement came as a shock to many […]

Is Gap going out of business? It may be heartbreaking news for many that their favorite brand Gap will close its many stores in the U.S as the U.S. has already shut down several other stores, including Target, Orvis, Dillard, McDonald’s, and many more, that have been closed and are set to be closed in

Is Chase Bank going out of business? JPMorgan Chase has issued a warning to begin the year. The largest bank in the country posted a better-than-anticipated profit in the fourth quarter but increased the likelihood that a “mild recession” would start later this year. To be ready for the chance that more borrowers default on