New American Funding Expands in the Midwest

New American Funding Expands in the Midwest

Hamrah has established a regional team of more than 100 mortgage professionals and plans to continue expanding by growing operations,
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Putin's Aide Seeks $100 Million to Rival China in Bitcoin Mining

A company co-owned by one of President Vladimir Putin's internet advisers plans to raise the cryptocurrency equivalent of as much as $100 million in
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Moody's changes Qatar banks' outlook to negative

Doha Bank in Doha, Qatar. Moody's expects Qatar's GDP growth to slow to 2.4 per cent in 2017 from exceptionally high rates of around 3.3 per cent,
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Valeant's Top Drug Is Growing Again, Offsetting Wider Slump

Valeant Pharmaceuticals International Inc.'s most important drug is showing signs of getting back on track, offsetting declining sales elsewhere as the
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Coal Plants Might Be Even More Toxic Than We Thought

An environmental disaster in North Carolina reveals that a rare, potentially dangerous compound is abundant in burned coal. By. Eric Roston.
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New American Funding Opens New Retail Branch and Midwest Operations Center in St. Louis, MO

The company is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender.
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An Also-Ran in Cancer Drugs, Sanofi Sees Chance to Close the Gap

The company logo sits on display outside the headquarters of pharmaceutical company Sanofi in Paris. Photographer: Balint Porneczi/Bloomberg.
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Michael Kors Surges as Turnaround Efforts Show Progress

Michael Kors Holdings Ltd.'s strategy to entice shoppers and get them to pay more for its luxury apparel and handbags is showing some signs of
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Enness launches new brand video

To showcase its range of high net worth financing services, Enness has launched a new brand video. The video is released in line with Enness' tenth
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SimpleNexus Enhances Equity Prime Mortgage's Services with Modern Mobile Technology

LEHI, Utah, Aug. 8, 2017 /PRNewswire/ — Equity Prime Mortgage has partnered with SimpleNexus to add modern mobile technology to the tools
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Randolph Bancorp Inc. – Receive News & Ratings Daily

Accern also assigned news coverage about the financial services provider an … It provides mortgage financing to borrowers for purchase money and
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Easterly Government Properties Reports Second Quarter 2017 Results

On June 28, 2017, the Company completed a $127.5 million mortgage loan that matures in July 2027. The 10-year, non-amortizing loan carries a fixed
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May's Mortgage Delinquency Rate Lowest in Nearly a Decade

Irvine, CA, August 8, 2017-CoreLogic has released its monthly Loan Performance Insights Report which shows that, nationally, 4.5% of mortgages
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PHH Mortgage Corporation to Pay Over $74 Million to Resolve Mort

PHH Mortgage Corporation to Pay Over $74 Million to Resolve Mortgage Fraud Case Brought By Whistleblower. Information contained on this page is
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Mortgage lender will pay $74 million to settle federal charges over bad loans

A New Jersey mortgage lender with operations in Edina has agreed to pay more than $74 million to settle federal charges over defective home loans,
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Tucson Real Estate: Northwest side apartment complex fetches $37.6M

“Mission Palms was a great investment opportunity due to the quality of the property and the various amenities that attract a strong renter community.”.
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Movement Mortgage CEO launches Movement Bank

Movement Mortgage CEO and former NFL tight end Casey Crawford announced a new initiative outside out his lending company, revealing
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Trump Administration Considers Slashing Mortgage Deduction

The cap on mortgage interest deductions may be lowered as Republicans look for ways to pay for their tax reform plan, Politico staffer Colin Wilhelm
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Better Mortgage is Now Available in Florida

NEW YORK–(Business Wire)–Better Mortgage is now licensed to lend to … About Better: Launched in 2016, Better is a full stack mortgage lender
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Historic clinic will become real estate, co-working hub

Half the building will be remodeled into a new office for her real estate company, Seven6 Realty, while the other half will be transformed into Main
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Early-stage delinquencies hit lowest level in 17 years

Early-stage delinquencies hit lowest level in 17 years

Delinquencies continued to drop in May, hitting lows not seen in the past decade or even nearly two decades, according to the latest Loan
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The democratization of data

These are simultaneously the best and worst of times for data-driven decision-making. The mortgage industry is so awash in data that making sense of
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Some Have a Way With Words. Plains All American … Not Have Way

Words matter. Which helps explain why Plains All American Pipeline LP finds itself in its current predicament. This is its current predicament:.
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China on positive footing despite slowdown in exports-imports; housing market, debt levels pose …

Chinese trade data showed exports and imports moderating in July as they grew less than expected while failing to match the previous month's growth
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Immigration Restrictions Would Impede Real Estate Market, Says Counselors of Real Estate

Immigration Restrictions Would Impede Real Estate Market, Says … an annual report that predicts and interprets the issues and trends that will have
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Meridian Director Arranges Construction Takeout Financing for Davie Multifamily

The takeout mortgage pays off the construction lender on the property, which has 234 of its 240 units already occupied. “This transaction presented a
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Millennials Prepare to Enter Washington DC Housing Market

Millennial buyers may possibly make a big slash in the Washington-area housing market, but they will first have to overcome some of the difficulties
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Median home prices climbed nearly 20% in Northwest metros in July

The most recent Case-Shiller results showed housing is not repeating the bubble period. Northwest MLS added 12,300 new listings in July, just 122
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Report: Brussels Police Open Fire on Car in Molenbeek Suburb

Brussels (AP) — Brussels police have opened fire on a car after a high-speed chase in the suburb of Molenbeek and the driver has told officers there
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Investors Title (NASDAQ:ITIC) Earning Somewhat Positive Media Coverage, Analysis Finds

Investors Title logo Media stories about Investors Title (NASDAQ:ITIC) have trended somewhat positive recently, Accern Sentiment Analysis reports.
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Zuma Survives No-Confidence Vote to Maintain Grip on Power

South African President Jacob Zuma survived a vote of no-confidence in Parliament in Cape Town on Tuesday. (Source: Bloomberg). South African
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PHH to pay $75M False Claims Act settlement with DOJ

… insured by the Federal Housing Administration and Department of Veterans Affairs, as well as loans sold to Fannie Mae and Freddie Mac. The False
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PHH reaches $75 million settlement with DOJ over False Claims Act violations

31, 2011, certain mortgage loans insured by the VA, and certain mortgage loans sold to Fannie Mae and Freddie Mac. Separately, key parts of the
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Democrats Seek Information About Federal Payments to Trump's Business

Washington (AP) — As President Donald Trump spends much of August at his New Jersey golf club, Democratic lawmakers are making a new push for
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Meet Wim, a Gadget That'll Make Fast Frozen Yogurt on Your Kitchen Counter

Bloomberg the Company & Its ProductsBloomberg Anywhere Remote LoginBloomberg Anywhere … Bloomberg. Connecting …. 8 at wimyogurt.com.
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Public Service Credit Union Reports Surge in Online, Mobile Banking Adoption, Usage among …

AUSTIN, Texas–(BUSINESS WIRE)–Malauzai Software, a provider of mobile and online banking SmartApps™ for community financial institutions,
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Strong Quake Strikes Southwest China, Killing at Least 5

Beijing (AP) — A strong earthquake shook a mountainous region in southwestern China near a famous national park Tuesday evening, killing five
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US Job Openings Surge to Record in Sign of Robust Labor Demand

A June surge in U.S. job openings to a record indicates demand for workers remained strong at the end of the second quarter, a Labor Department
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Does Nottingham Forest boss Mark Warburton want to bring city banking bonus culture to the City …

Mark Warburton wants to bring the city banking bonus culture to Nottingham Forest by the sound of it, as he tries to inspire success at the City Ground.
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Nevada Senator Dean Heller Gets Primary Challenger

(AP) — Republican Danny Tarkanian, a prominent Las Vegas businessman, announced Tuesday he is mounting a primary challenge to Nevada Sen.
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Japan Stocks to Follow US Drop on Trump Threat: Markets Wrap

Japan Stocks to Follow US Drop on Trump Threat: Markets Wrap

The Bloomberg Dollar Spot Index rose less than 0.1 percent. South Africa's rand tumbled 1.1 percent on Tuesday after President Jacob Zuma survived
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How will the market adapt to the end of Funding for Lending?

Designed alongside quantitative easing to bolster the economy, FLS incentivised banks and building societies to boost their lending more than they
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30-Year Fixed Mortgage Rates Fall Slightly; Current Rate is 3.70%, According to Zillow Mortgage …

SEATTLE, Aug. 08, 2017 (GLOBE NEWSWIRE) — The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.70 percent, down three basis
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MenzGold not licensed to do banking business–BoG warns

The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiamah has disclosed that investment group, MenzGold is not licensed to conduct
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NJ mortgage lender to pay $74M to settle violation claims

The settlement announced Tuesday resolve allegations that PHH Corp. and subsidiaries PHH Mortgage Corp. and PHH Home Loans failed to comply
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Encore Wire Corporation (NASDAQ:WIRE) Stake Increased by State of Alaska Department of …

State of Alaska Department of Revenue's holdings in Encore Wire … State Street Corp boosted its stake in shares of Encore Wire Corporation by 5.6% in … primarily as interior wiring in homes, apartments and manufactured housing,
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A strategic CIO shares insights on key disruptive technology trends

Take a moment to consider the implications of automated cars on the real estate or insurance industry. Technology leaders need to pay very close
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ICO Risks and Wells Fargo Mistakes

The way an initial coin offering works is that some engineers write a whitepaper about how they're going to build a cloud storage network where you
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TheStreet Lowers Encore Wire Corporation (NASDAQ:WIRE) to C+

TheStreet Lowers Encore Wire Corporation (NASDAQ:WIRE) to C+ … Separately, Zacks Investment Research downgraded shares of Encore Wire … and industrial buildings, homes, apartments, and manufactured housing.
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Cute but Mighty: The Colorful History of the Best-Selling Porsche 911

As the brand celebrates it's millionth version of the iconic model, a look back at how much 911 has changed—and how much has remained the same.
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Here's why you should be bundling origination services

Lenders looking to reduce per-loan origination costs should consider the benefits of bundling origination services with Chronos Solutions.
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California landlords settle over alleged fair housing violation

Landlords in California agreed to settle with a tenant and the Fair Housing Advocates of Northern California over allegations of discrimination.
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Report: Home values in Philly suburbs jump 13 percent in second quarter

The median house price in the Philadelphia region is now $244,000, up from $213,000 in the first quarter. In addition, houses are selling at a much
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David Letterman Headed Back to TV With Netflix Series

New York (AP) — David Letterman, who said goodbye to his long-running talk show two years ago, will say hello to TV again with a new show for
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Reports: Housing Starts Poised to Surge

The housing market continues to face significant headwinds, including higher prices for inputs (particularly lumber) and regional shortages of both
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Encore Wire Corporation (NASDAQ:WIRE) Lowered to “C+” at TheStreet

TheStreet cut shares of Encore Wire Corporation (NASDAQ:WIRE) from a b rating to a c+ rating in a research note released on Friday. … cable, for use primarily as interior wiring in homes, apartments and manufactured housing, and
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Halton realtors don't expect a return to 'ridiculously crazy' 2017 spring housing market

Year-over-year price growth still up in Halton, but continues to slow as … In total, the average price for a home in Halton Region has fallen 17.8 per
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Thai Beer Company to Buy KFC Restaurants in Fast-Food Push

Sales outside that country amounted to less than 4 percent in the last fiscal year, according to data compiled by Bloomberg. “Thai Beverage is a
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Encore Wire Corporation (WIRE) Stock Rating Lowered by TheStreet

Separately, Zacks Investment Research lowered Encore Wire Corporation from a … Shares of Encore Wire Corporation (WIRE) opened at 40.30 on Friday. … and industrial buildings, homes, apartments, and manufactured housing.
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Investors Are Hooked on This Drugmaker Battling Opioid Abuse

As opioid addiction reaches epidemic proportions in American communities, investors are getting hooked on a U.K. company trying to wean them off.
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Commonwealth Bank delivers $9.9b profit, flags sale of life insurance business

Commonwealth Bank delivers $9.9b profit, flags sale of life insurance business

Commonwealth Bank may sell its life insurance business, the bank has revealed as it reported a full-year profit of $9.88 billion and raised dividends for
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Wells Fargo said to face regulator scrutiny on second auto issue

Wells Fargo's regulators are looking into another issue involving insurance linked to auto loans as scrutiny of a key lending unit widens, according to
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Furniture retailer Wayfair hasn't suffered from the 'Amazon effect'

The company is also tied less to the housing market than most would think … However, online home furnishing retailer Wayfair has avoided it so far.
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MGM Resorts International (MGM) Upgraded to Strong-Buy at BidaskClub

MGM Resorts International logo MGM Resorts International (NYSE:MGM) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a
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Title Company hijacked

The reinstatement document has a certified letter that claims the former CEO and CFO agreed to the reinstatement of McManus Title Company.
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Housing market has calmed down

SIMCOE – Local agents have noticed a distinct slowing of momentum in the Norfolk real estate market since the Wynne government moved to cool
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A Look at the Most Expensive Homes on the Market in Birmingham

BIRMINGHAM, AL – During the last few years, the residential real estate market in the Birmingham metro area has been booming, and mortgage
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Small group of commercial property owners dominating Toronto, Montreal and Vancouver Airbnb …

The study, which is entitled “Short-term Cities: Airbnb's Impact on Canadian Housing Markets,” was published Tuesday. Airbnb rejected the findings,
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Local Housing Market Stays Hot This Summer As Home Sales Rise

LAS VEGAS (KXNT) – The Greater Las Vegas Association of Realtors (GLVAR) reported that the increasingly hot local housing market showed no
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Ctrip.com International, Ltd. (CTRP) Position Increased by NGAM Advisors LP

American International Group Inc. now owns 23,512 shares of the company's stock valued at $1,156,000 after buying an additional 63 shares in the
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Real Property & Title Insurance Update: Week Ending July 28 & August 4, 2017

Foreclosure/Redemption: foreclosure sale conducted without knowledge of bankruptcy affirmed, but trial court orders denying mortgagor opportunity to
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A look at the factors behind banks not passing benefits of RBI's rate cut to customers

Two days after State Bank of India chairman Arundhati Bhattacharya slashed savings bank deposit rates in an unprecedented fashion, Kotak
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Keating Investment Counselors Inc. Purchases 110 Shares of Mondelez International, Inc …

The fund owned 12,959 shares of the company's stock after buying an … Keating Investment Counselors Inc.'s holdings in Mondelez International
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SEC study undercuts motivation for Trump effort to ease banking rule

Last week, a top banking regulator kicked off the process to revise the Volcker Rule. In June, the Trump Treasury said in a report that the rule might be
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Lower the cap on the mortgage interest tax deduction

As part of a strategy to cut tax rates and eliminate loopholes, his administration may lower the cap on deductions for home mortgage interest payments
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Glen Campbell, 'Rhinestone Cowboy' With Pop Appeal, Dies at 81

Glen Campbell, the Hollywood-handsome country singer with pop appeal whose long road to success gave special meaning to his best-known song,
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TheStreet Downgrades Encore Wire Corporation (WIRE) to C+

Shares of Encore Wire Corporation (WIRE) traded down 0.50% during … and industrial buildings, homes, apartments, and manufactured housing.
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Is regulation really keeping banks from lending?

WASHINGTON – Policymakers pushing to scale back regulation have relied heavily on a core argument – bank lending is being held back by
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Monitoring the Mortgage Market

CoreLogic notes the importance of measuring delinquency rates, especially early-stage rates, to determining the health of the mortgage market.
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Too many bankers? Toronto has a surplus of financial services workers, report finds

… and said the “most abundant skills” in the city are banking, legal advice, risk management, mortgage financing, trading, investing and accounting.
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Matthew Kolberg, Loan Officer

Matthew Kolberg, Loan Officer

As a Guild Mortgage Advisor, I enjoy helping people achieve their dream of home ownership. I work with them to overcome the challenges that
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Lending club increases revenue, shrinks loss – shares rally

Investing.com – LendingClub Corp 's (NYSE:LC) shares were higher on Tuesday, continuing to gain traction following the company's release of
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Why it could be last chance to grab a cheap mortgage: Race to lock into a bargain deal as Bank …

David Hollingworth, of broker L&C Mortgages, says: 'Borrowers should be aware mortgage rates will begin to climb before the Bank of England moves
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Why Are Billionaires Flocking to This Trailer Park?

The by-product of New York-area real estate demand isn't just limited to … to discuss property trends in what has become a heated real estate enclave.
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Ares Commercial Real Estate Corp (ACRE) Technical Stock Indicators in Focus

Ares Commercial Real Estate Corp (ACRE) Technical Stock Indicators in Focus … Traders may use the indicator to determine stock trends or to identify
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Bank names new hires

The bank recently hired Thrasher as senior vice president/Commercial Relationship manager. In this role, she will assist commercial clients with their
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Flagstar Announces new Leader to Mortgage Business

“She brings a wealth of industry experience from Fannie Mae, a powerhouse in the mortgage industry and a leading source of financing for home
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Quicken Loans Survey Shows Opinions of Appraisers and Homeowners Narrow on Home Value

Real estate values are heavily influenced by local trends and in many of the hottest markets, appraisals actually came in above homeowner
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Caught: Police locate woman who illegally dumped trash at Lynn car wash

“The little scraps of paper blow off his property and onto theirs. … reporter who has worked at Boston's major newspapers covering real estate trends such … In Lynn, Thomas covers City Hall and commercial real estate development
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Lake Jeanette's sale could change the view for some residents

Local resident Jess Washburn and Charlotte businessman J. Will Dellinger hope to buy Lake Jeanette from International Textile Group.
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Temple Hotels Inc. Reports 2017 Second Quarter Financial Results

As a condition of refinancing, the Company paid down the maturing, aggregate balance by $7.5 million. The fourth mortgage loan of five in the portfolio
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Veteran gets brand new, mortgage-free home – NBC12 – WWBT – Richmond, VA News On Your Side

A veteran and his family now have keys to a brand new home in Dinwiddie. Not only is the home new, it is also mortgage-free. Operation Homefront
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Homeowners and appraisers still don't agree on home values

U.S. homeowners continue to view their property value higher than appraisers do, while homeowners in areas experiencing rapid growth may be
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Mizuho Seeking $100 Billion From Overseas Transaction Banking

With the Bank of Japan's negative interest-rate policy squeezing the profitability of core domestic loan business, Mizuho and its megabank peers
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Signs of new vigour in the property market

Comments from CapitaLand's chief executive officer Lim Ming Yan last week that there are signs the private residential market could be bottoming out
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Be careful when buying 'eclipse glasses,' astronomy group warns

Buying inadequate glasses, the group says, could lead to serious eye … as “ISO 12312-2:2015”) international safety standards, according to the group.
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Millennials with "boom-mates" could ease the housing crunch

There has been a common theme in the housing market in recent years: Housing prices are high, and inventory is low. At least that's the case in most
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Better Mortgage expands to Florida

Formed by a group of Google and Spotify engineers, the full-stack digital lender moves into its 13th state as Tampa and Jacksonville have been
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Western Asset Mortgage Capital Corporation Announces Second Quarter 2017 Results

8, 2017 /PRNewswire/ — Western Asset Mortgage Capital Corporation (the “Company” ….. Residential Bridge Loans are reflected at amortized costs.
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US Assesses North Korea Can Fit Nuke Inside a Missile, Report Says

Washington (AP) — North Korea may have successfully produced a miniaturized nuclear warhead that can fit inside its missiles, passing a key
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Is Facebook going head to head with Zillow for listings?

Is Facebook going head to head with Zillow for listings?

Facebook has moved in on Zillow's territory, launching a new ad campaign designed specifically for residential real estate brokers. Dynamic Ads for
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3 Reminders for CUs Lending to Cannabis Businesses: Onsite at CUBG

Baranowski and Daghbandan discussed three keys for credit unions to keep in mind if they're considering lending to the cannabis industry.
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PHH to Pay $75 Million Over Mortgage Underwriting

WASHINGTON—PHH Corp., the New Jersey mortgage firm that took on the Consumer Financial Protection Bureau's constitutionality, said Tuesday
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LCH and Euronext secures 10-year deal on derivatives clearing

Euronext will sign a derivatives clearing agreement with LCH Group's French arm in Q4 to to ensure a continuity of clearing services after Brexit and
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Stamp duty exacerbating housing crisis by stopping elderly from moving, warns Cabinet minister

… now urging Philip Hammond, the Chancellor, to cut stamp duty in the Autumn Budget, amid fears that the tax is slowing down the housing market.
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Better Business Bureau warns about Midtown company

The Better Business Bureau is warning consumers to be cautious when dealing with McManus Title Co. located at 1201 Peachtree St., Suite 200 in
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Indiana bank to acquire Anchor for $303M

Anchor Bank, a family-owned Twin Cities business that celebrated its 50th anniversary in April, is being acquired by Indiana-based Old National
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Housing market continues to cool in the Barrie area

After record sales prices in early 2017 the housing market in the Barrie area has cooled down this summer. “We're seeing a return to a more normal
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Fired Google Engineer Will Have a Tough Time Making Legal Case He's the Victim

The engineer fired by Google after he blasted the company's diversity policies can try to argue he was unfairly dismissed, but legal experts say he may
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Real Estate Market Influenced by Rapid Growth

The real estate market is beginning to change due to these factors. These changes happen due to both change in affordability and also in the
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0.87 is Annaly Capital Management Inc's (NYSE:NLY) Institutional Investor Sentiment

Annaly Capital Management, Inc. is a mortgage real estate investment trust . … securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.
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AG Mortgage Investment Trust, Inc. Reports Second Quarter 2017 Results

NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (“MITT” or the “Company”) (NYSE:MITT) today reported financial results for the
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Oracle launches cloud-based banking solutions

In a bid to expand its focus on the banking sector, Oracle, the provider of SaaS application suite for cloud database management, has announced the
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Court Tosses an Obama-Era Climate Rule That Trump Had Defended

It did so “because it benefits U.S. companies,” said Christopher Perrella, a Bloomberg Intelligence chemicals analyst. “It's good for the companies and
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Trump Vows 'Fire and Fury' If North Korea Keeps Threatening US

In Bedminster, N.J., Donald Trump tells reporters that 'North Korea best not make any more threats to the United States, they will be met with fire and
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Colony NorthStar Announces Second Quarter 2017 Financial Results

Colony NorthStar Announces Second Quarter 2017 Financial Results …. rate acquisition financing debt and closed on two fixed rate mortgage loans
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Bankers Hold Off on Dublin Decisions, Hoping for a Softer Brexit

Irish authorities have seen a drop in the level and intensity of inquiries from finance firms seeking to set up shop in Dublin after Britain's June election
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Lloyds Bank CEO António Horta Osório Weighs In On Brexit, Banking And The UK Economy

Lloyds Bank, the largest retail bank in the UK, has been in the headlines for a variety of reasons this year. The bank completed its reprivatization after
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Brexit, Trump, and the rise of asset-based lending

The plan to foster a looser financial policy augurs well for the banking industry generally and, in particular, the asset-based lending (ABL) market.
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Semiconductor Manufacturing International Corporation – Receive News & Ratings Daily

ValuEngine raised Semiconductor Manufacturing International Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July
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Credit Lending Business Analyst

Credit Lending Business Analyst

description. Looking for a business analyst with banking and lending experience for a six month contract. Candidates can work remotely in the eastern
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Marcus Hutchins free for now as infosec world rallies around suspected banking malware dev

The FBI has accused Hutchins of writing, updating and selling the Kronos banking trojan between 2014 and 2015. He and an unnamed associate
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Chief Lending Officer, SVP

My client is a Tennessee-based, community bank seeking to add to their tenured and talented staff. They are currently in need of a strong business
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Low-down-payment purchases grow with less risk: Black Knight

Low-down-payment purchases are on the rise, but not necessarily with the same practices and risk factors of the past, according to Black Knight
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Nicole Pinkston named Land of Lincoln Credit Union Mortgage Loan Officer in Decatur

DECATUR, IL (August 8, 2017) — Land of Lincoln Credit Union (LLCU) is pleased to announce the appointment of Nicole Pinkston to Mortgage Loan
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The tide may be turning for LendingClub

Shares of the online lending company are up over 8% on Tuesday, at $5.91 a piece. Still, a far cry from the initial public offering price of $24 per share.
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Is Lending Club Back?

Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on its earnings call.
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Acting OCC Chief Criticizes FDIC on De Novo Applications

Acting Comptroller of the Currency Keith A. Noreika has called the Federal Deposit Insurance Corp. (FDIC) to task for failing to provide deposit
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VMBS Internet banking, ABM unavailable Aug 11 – 15

KINGSTON, Jamaica — The Victoria Mutual Building Society (VMBS) is advising the public that the use of its automated banking machines, VMBS
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Oracle Announces Oracle Banking Payments Offering

8, 2017 /PRNewswire/ — Oracle announced the worldwide release of its Oracle Banking Payments solution. The offering was built from the ground up
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Corium International Inc. – Receive News & Ratings Daily

Corium International, Inc. logo Jefferies Group LLC reiterated their buy rating on shares of Corium International, Inc. (NASDAQ:CORI) in a report
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Fewer local homeowners behind on mortgage payments

For most Southwest Florida homeowners, falling behind on their mortgage payments is a thing of the past. The share of homeowners who were late on
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PHH to pay $74.5M to settle probe into alleged defective mortgage loans

Mortgage lender PHH Corp. has agreed to pay almost $74.5 million to resolve claims that it produced defective loans that the federal government
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Crown Castle International Corporation (CCI) Given Buy Rating at Jefferies Group LLC

Jefferies Group LLC reaffirmed a “buy” rating and set a $110.00 target price on shares of Crown Castle International Corporation in a report on
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EU regulators approve landmark Spanish banking takeover

Banco Santander said on June 7 that it would pay 1 euro to take over its rival in a deal that showcases Europe's new system to rescue failing banks
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Castle Trust sets out portfolio lending approach

Castle Trust has become the latest lender to annouce its underwriting criteria for portfolio landlords to comply with Prudential Regulation Authority
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Winston-Salem area mortgage delinquencies remain on downward trend

The number of Winston-Salem area homeowners late on their mortgage payments dropped during May to 5.5 percent, according to a report by
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Mortgage Rates Today, August 8, Plus Lock Recommendations

Mortgage rates today are little changed from Monday's opening, probably because there were no important economic announcements this morning.
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Biz2Credit's Latest Small Business Lending Index Reveals: Loan Approval Rates at Big Banks …

Loan approval rates among alternative lenders continue to plummet; approval rates dropped three-tenths of a percent in July to 57.2%. Approval
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PHH Pays $74M to Settle Problematic Underwriting Charges

PHH Mortgage Corp. has agreed to an approximately $74 million settlement to resolve claims that it failed to meet underwriting regulation on loans
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After 11 percent jump in July, North Texas on pace to sell over 100000 homes in 2017

After 11 percent jump in July, North Texas on pace to sell over 100000 homes in 2017

North Texas' housing market headed into the second half of 2017 with a double-digit sales gain. Area real estate agents sold 10,545 preowned
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Target Logistics Continues to Expand in the Permian Basin

THE WOODLANDS, Texas–(BUSINESS WIRE)–Target Logistics … and the largest provider of turnkey workforce housing in the U.S., announced today
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REITs to Watch for Q2 Earnings on Aug 9: STWD, HPT & More

Greenwich, CT-based Starwood Property Trust is a commercial mortgage REIT in the U.S. The company focuses on originating, acquiring, financing
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$14.1M Affordable Housing Complex Opens on West Side of Chicago

Other funding sources included a grant from the Federal Home Loan Bank and a private mortgage loan. The project is part of the city's five-year
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How Does a Foreclosure Affect a Retail Lease?

Please note a lender could foreclose the mortgage and inadvertently terminate the lease because they are subordinate to the mortgage. Therefore
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Tight supply, rising values drive explosion of home-improvement spending

A shortage of inventory and rising values have some homeowners thinking twice before putting their houses up for sale. The good news is that, in the
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How to Avoid a Cyberattack: Real Estate Checklist

The IoT is one of the top CRE tech trends of 2017, which is why real estate owners, investors and managers should pair all smart technologies with top
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How Has Orange County Changed Since the Housing Bubble?

In June 2007, the Orange County median home price rose to its previous peak of $645,000 and less than year later would plummet during the
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Local business briefs

REAL Trends America's “Best Real Estate Agents” ranked more than 12,600 residential real estate professionals based on their sales in 2016.
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Oregon's 25 Best K-12 Schools for 2018

It also offers deeper profiles of each school locale, including information on nearby real estate trends, among other touches. The schools are ultimately
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Brinker International, Inc. (EAT) Upgraded by ValuEngine to “Buy”

Brinker International, Inc. logo ValuEngine upgraded shares of Brinker International, Inc. (NYSE:EAT) from a hold rating to a buy rating in a research
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Luxury Portfolio International to Host 2017 Affluence Forum

Luxury Portfolio International®, the luxury face of Leading Real Estate … also bring together representatives to speak about the latest trends in home
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Cambridge Moves To Restrict Short-Term Rentals

In some cities with limited and expensive rental housing markets, some public officials have grown increasingly concerned about properties being
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Why more Americans were uncertain about the housing market in July

More Americans were reportedly less confident about the state of the housing market in July, driven by their uncertainty in the economy. The share of
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Volkswagen offers discounts against dirty old diesels

The VW brand said it would offer buyers trading in an old diesel a discount on cars meeting the latest Euro 6 emissions standard, ranging from 2,000
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What Greenspan Gets Wrong — and Right — About Bubbles

Source: Bloomberg. Neutral rate = Laubach-Williams estimate of the real neutral rate + core PCE y/y%. Secondly, bond markets are suffering from
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Quicken Loans Study Shows Homeowners and Appraisers Don't See Eye-to-Eye on Home Values

HPPI tracks differing trends across the country as real estate often fluctuates on a local basis. On average, appraisals were higher than owner
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Demand 'surging' for London's hotels

Strong demand for London hotels has boosted revenues at both Marriott International and Intercontinental Hotels Group (IHG). Marriott International
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JLL research takes deep dive into trends impacting North America-based container shipping

Recent research from industrial real estate firm JLL, entitled “Docked and Loaded: Five Trends turning the tide of the North American shipping industry
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Rosenberg: Toronto housing slowdown is good for Canada's economy

The Toronto housing market had been in “bubble territory” prior to the drop and was making the city unaffordable to many, said Rosenberg. It was also
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Home Sales, Housing Prices Keep Rising in Greater Las Vegas

Home Sales, Housing Prices Keep Rising in Greater Las Vegas

According to the Greater Las Vegas Association of Realtors, an increasingly hot local Las Vegas housing market showed no signs of cooling off in July
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Phoenix Housing Market Sees Solid Growth Despite Slight Dip In Homeownership, According To …

“It is taking a while for the Phoenix housing market to bounce back, but overall, its recovery remains impressive,” said Ten-X Executive Vice President
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Housebuilders charge premium for Help to Buy properties

Prices for homes sold under the scheme have been rising faster than the wider market, with other new-build homes effectively cheaper thanks to
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Charity Sues Promo Company That Used Fake Snoop Dogg

A nonprofit organization out of Bulgaria appears to have been deceived by a Snoop Doggy Doppelganger. TMZ reports that Peace For You Peace For
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Aliso Viejo home selling prices up 20% in a year

In 2017's first six months, the Aliso Viejo housing market looked mixed with prices up and … In 16 beach-close ZIPs, 3,158 homes sold, up 3.3 percent.
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Column: Employer-assisted housing programs offer a solution to tight housing market

And with a severe shortage of safe, quality housing options available in Lancaster County at a cost people in our community can afford, these numbers
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Severn Bancorp Inc (NASDAQ:SVBI) Sentiment Change Report

Severn Bancorp Inc (NASDAQ:SVBI) institutional sentiment increased to 3.5 in 2016 Q4. … Severn Bancorp, Inc. is a savings and loan holding company. … “Severn Bancorp, Inc. Announces Purchase of Title Company” published on
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US Investors Sell Technology As International Investors Buy

US investors appear to think so as they flee the sector but international investors aren't so convinced. Only a week after Bank of America's chief
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In Stress Test Case, GSEs Would Need Another $100 Billion

Like all large financial institutions, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are required by the Dodd-Frank Act to
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Axis Bank cuts interest rate on savings bank account

Axis Bank is the fourth lender to reduce the interest rate after market leader … the bank has revised the interest rate downward on Savings Account
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FHFA Releases GSE Stress Test Results

The Federal Housing Finance Agency (FHFA) conducted its annual stress test of Fannie Mae and Freddie Mac, and the results were not exactly
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Roll back the clock—Choose Your Own Adventure title Journey Under the Sea celebrates 40th …

The small company ran from a converted farmhouse in Vermont and by … Journey Under the Sea was released as the second title in the Classics
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5 Job-Hunting Sites You Should Know About

You can search for jobs by title or company, find salary information for your prospective role, read company reviews, upload a resume that lets
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Another Fannie-Freddie bailout could cost taxpayers $100 billion – report

Bailing out Fannie Mae and Freddie Mac again could cost taxpayers nearly $100 billion, according to the Federal Housing Finance Agency.
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IDS adds product development manager

International Document Services (IDS), Inc. has promoted Beckie Santos into its newly created position of manager of new product development, the
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Hackers Allegedly Steal $1.5 Million From DC Couple In Home-Buying Phishing Scheme

When hopeful D.C. homebuyers Sean Smith and Erin Wrona were asked earlier this year to wire their title company $1.57 million, they took it as a
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Title Assistant

Iowa Title Company, a division of HomeServices of Iowa, is the recognized leader in the title industry with offices in the Des Moines metro and Cedar
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Is free banking a myth?

Rachel Springall, finance expert at Moneyfacts, said consumers should question whether they can acquire a 'free' bank account these days, as free
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MBA Supports SAFE Act Update

The nation's leading mortgage industry trade association has announced its backing of a new bipartisan bill that would amend the federal Secure and
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NREI WIRE

An FHFA street test showed Fannie Mae and Freddie Mac could need a $99.6 billion bailout in the event of a financial crisis, reports MarketWatch.
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12 Shocking Things I Learned by Working as a Butler at the Plaza Hotel

12 Shocking Things I Learned by Working as a Butler at the Plaza Hotel

Old-school service is alive and well at the Plaza: High tea treats are served in brass birdcages, tuxedo-clad bellman whisk away luggage to gilded
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How to avoid buying bogus solar eclipse glasses

How to avoid buying bogus solar eclipse glasses … The organization said buyers should be skeptical of glasses even if they're stamped with an ISO … comply with standards set by the International Organization for Standardization.
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Quants Are Clamoring for Data, Causing Soul Searching at Large Banks

… sensitive to all of our client concerns about what is appropriate to share,” Rothman said in an interview at Bloomberg headquarters in New York.
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The SBI's rate cut will fundamentally change how savings bank accounts are viewed in India

On July 31, 2017, the State Bank of India (SBI), the country's largest commercial bank, lowered the interest rate by 50 basis points to 3.5% per annum
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South Africa's Rand Weakens After Zuma Survives No-Confidence Vote

The rand tumbled after South African President Jacob Zuma survived a bid by opposition lawmakers to oust him, crushing the prospect of new
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Qatar banking system faces grim outlook as sanctions bite

Qatar's banking system is facing further deterioration in outlook as the economic and diplomatic sanctions by its neighbours entered third month this
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Private equity firm invests in Ten-X

Stone Point Capital and CapitalG will continue to hold minority stakes in the company. Terms of the deal, expected to close in the third quarter of 2017,
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ShortTrack Launches Integration with Dotloop to Simplify the Title Ordering Process

“The dotloop integration provides a simple method for real estate professionals to submit new title orders with their preferred title company,” said
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Monson Savings Appoints New Vice President of Government Banking

MONSON — Monson Savings Bank announced that Donna Easton-Vicalvi has joined the bank as vice president of Government Banking. She has
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Wizarding Ways – Don't Go There

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), they are going to get privatized, in some manner. None of us know how it will turn out
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Edgewell Personal Care Company: Title Edgewell Personal Care Announces Third Quarter Fiscal …

ST. LOUIS, Aug. 8, 2017 /PRNewswire/ — Edgewell Personal Care Company (NYSE: EPC) today announced results for its third fiscal quarter, which
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China banking regulator says property loan risks under control

BEIJING, Aug 8 (Reuters) – Risks surrounding China's real estate loans are under control, the country's banking regulator said on Tuesday.
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The Big Bank Comeback

While that may be an overly cynical characterization of banks in the aggregate, it does partly describe the reactionary nature of those institutions of
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Puerto Rico Bankruptcy Dismissal Sought

Aurelius Investment, Aurelius Opportunities Fund and Lex Claims filed with the U.S. Bankruptcy Court a motion to dismiss the Title III petition filed by
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Three Hungarian banks targeted by phishing attempts: central bank

BUDAPEST (Reuters) – Three major banks in Hungary have experienced a series of targeted phishing attempts in recent months, the central bank said
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Black Knight Debuts Upgrades to Home Price Index

According to the company, the new Mortgage Market Index Series will track changes in portfolio risk profiles via proprietary Mortgage Origination and
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Fannie and Freddie to US: Hey, if things don't work out can I have $100B?

If the market collapses, Fannie Mae and Freddie Mac may be in a pretty big bind: They'll need a nearly $100 billion bailout. According to a stress-test
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These numbers show how the Trump economy is really doing

NEW YORK (CNNMoney) – Three months ago, CNNMoney examined six barometers of the economy to gauge how America was doing under
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Mortgage lender will pay $74 million to settle federal suit over bad loans

PHH also issued Veterans Affairs home loans and sold loans to the Freddie Mac and Fannie Mae mortgage companies that failed to comply with their
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New Bank; Wholesale Products; LIBOR and ARM Investor News

Freddie Mac will implement new or revised disclosures for single-family fixed-rate and adjustable-rate mortgage-backed securities (MBS).
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