Watershed moment signals phase two of housing debate

Watershed moment signals phase two of housing debate

First home buyers, whose parents can't help with a guarantor loan or cash, will have to wait until the market corrects, which could take a very long time.
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Short-Term Rentals Could Worsen San Diego Housing Crisis

“But when people start renting out whole units for extended periods of time, that takes housing off of the market that could otherwise go to renters and
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Lending a helping hand, one box at a time

Operation Christmas Child co-organizers, Herb and Derra Mantey, pose with a cake celebrating Barrhead Alliance Church's 10 anniversary in
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Bank of America loses title of largest US bank by deposits

JPMorgan Chase has leaped ahead of the Charlotte-based bank, which now ranks a close second behind its New York-based rival in total deposits,
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Trump to Executive Branch: Don't Worry About Puerto Rico

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. For that matter, he's also sending the
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Skype's Homeland Grapples With Dilemma of Robot as Legal Person

Estonia, the country which helped create Skype and hosts NATO's cyber-defense center, is also trying to stay ahead of the pack in regulating robotics.
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Des Moines could lose last low-rent apartment tower downtown

That has housing advocates calling for Des Moines leaders to create a …. the affordable-housing units where converted into market-rate apartments.
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Knight Frank profits slide for second consecutive year

In March, Foxtons — which is heavily exposed to the London housing market — posted a 54 per cent fall in profit over 2016, while Countrywide, which
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Trading Watch: Shares of Schroder Real Estate Investment Trust Li (SREI.L) Noted Over Chikou

Trading Watch: Shares of Schroder Real Estate Investment Trust Li (SREI. … The ADX measures the strength or weakness of a particular trend.
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Italy's Oil Giant Taps Mediterranean Diet to Turn Fats Into Fuel

Each week, Friggi Oil Service pays a visit to Ai Due Otri, a traditional Sardinian restaurant in central Rome, to pick up what's left in the frying pan.
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Trump Campaign Raising Money Off Pence Walking Out of NFL Game

President Donald Trump's joint fundraising committee sent an email Monday asking donors to show support for Vice President Mike Pence's decision
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Some mortgage costs rising already, anticipating base rate hikes

Respected mortgage market monitor Moneyfacts says that the costs of some mortgages are already rising in the expectation of a base rate hike, even
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EU sets conditions for UK banking hubs post-Brexit

LONDON: The European Union's banking watchdog will publish guidance on new EU hubs and trading risks for lenders from Britain seeking a
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Oracle Banking Platform

Oracle Banking Platform helps take complexity and cost out of technology, drive innovation with progressive transformation, industrialize business
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First American Financial Corp (FAF) Analysts See $1.00 EPS

Proshare Advsr Ltd Liability Co has invested 0.01% in First American … The Firm operates through the title insurance and services segment, and
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N440bn bond issuance programme grossly inadequate – NMRC

The Managing Director, Nigeria Mortgage Refinance Company, Prof. … its pivotal role as an effective financing enabler of infrastructure development.
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Reverse mortgages can be useful, but take care

Homeowners considering a reverse mortgage need an informed assessment of the benefits and pitfalls. CPA Australia's Third Age Network has
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On buying stars and naming them after you

According to the post, it was “officially listed in the International Star Directory” on June 3, 2017. “This star will always shine for you and will lead the
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Pensioners and benefit claimants 'face losing homes under mortgage changes', claim

Currently, SMI is paid to low income claimants on certain benefits to cover mortgage interest payments but will be replaced from April 2018 with a
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Contemporary on Castlewold

This fabulous property has lovely street appeal and is in need of some lovely new owners to take over.
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UPDATE 1-Canadian home resales edge higher in September – CREA

UPDATE 1-Canadian home resales edge higher in September – CREA

The industry group said actual sales, not seasonally adjusted, were down 11.0 percent from September 2016, while home prices were up 10.7 percent
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Wells Fargo revises expense target, signaling profit difficulties ahead

The bank also has the same underlying challenges as rivals, including a drop in mortgage refinancing, interest income rising slowly after a prolonged
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Investors Title Company (ITIC) At $193.04 Forms Top; TTM Technologies (TTMI) Sentiment Is 1.21

Investors Title Company (ITIC) formed multiple top with $206.55 target or 7.00% above today's $193.04 share price. Investors Title Company (ITIC) has
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BofA earnings surpass expectations in Q3 despite drop in mortgage banking

Bank of America reported an increase in its earnings in the third quarter, beating analysts expectations despite the drop in mortgage banking income.
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AHL Partners LLP Has $1.97 Million Position in Marriott International (MAR)

The firm owned 19,615 shares of the company's stock after buying an additional 13,679 shares during the quarter. AHL Partners LLP's holdings in
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Wells Fargo Nears Mortgage-Securities Settlement With Regulators

Wells Fargo & Co. is edging closer to a settlement with regulators over the crisis-era mortgage bonds investigation that took a $1 billion chunk out of
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Smartphone mortgages — convenient, but dangerous

Similar shifts are under way in the financial world, not least in the process of getting a mortgage. Banks such as Santander and NatWest and online
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Opinion: Campaign finance doesn't need reform; it needs to be outlawed

The economic crisis of the last decade can be traced to Fannie Mae, Freddie Mac and AIG who lined political coffers to gain committee votes they
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ResWare integrates SmartCLOSE

“ResWare is used by many of the nation's top title companies for processing title orders. One of the on-going issues many online closing collaboration
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Is It Too Late To Buy Croda International plc (LSE:CRDA)?

Croda International plc (LSE:CRDA), a chemicals company based in United Kingdom, had a relatively subdued couple of weeks in terms of changes
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NEWS ANALYSIS: The new digital bank on the block

TymeDigital by Commonwealth Bank SA is quite a clunky name for a new-age bank. It is a lot less catchy than 20Twenty, SA's last digital bank, which
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Vogel: Housing Trends

In contrast, some other changes going on in the rental housing market … In 2016, Champlain Housing Trust, Housing Vermont, and the Chittenden
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Institutional Investors Are Buying Wesco Distribution Inc (NYSE:WCC)

Out of 19 Wall Street analysts rating Wesco International Inc., 9 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $4 while
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Benchmarking FinTech Business Lending by Company Size

Generally, size matters when it comes to the adoption of different alternative payable and receivable lending techniques. It is important to understand
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Fintech startup Qudian founder set to become China's latest IPO billionaire

Surging valuations for Chinese fintech startups are about to turn micro-lending tycoon Min Luo into the country's latest IPO billionaire. Luo, 34, founder
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Lattice Real Estate Strategy ETF (RORE) Tenkan Holding Below Kijun Lines

Shares of Lattice Real Estate Strategy ETF (RORE) are on watch as the … However, it is important to not use the Tenkan line as a gauge of the trend
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Mortgage Operations in Sioux City at GPAC

New Career Opportunity! GPAC has an opening for a Mortgage Operations in Sioux City, IA.
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Installment loans online & I need a 300 dollar loan today & apply now!

Mortgage loan payment calculator employees, more Revenue help safer. family the and conclude getting will vision century. Vice dedicated citizens, to
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Bankruptcy mortgage lenders, secure and safe, online cash advance

100 guaranteed acceptance payday loans less. eager for the work responsive deficit cutting when a lead at National cards, 30,000 Tennessee,
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Navient acquires Earnest, Barclays working with MX, Millennials and AI

Lots to unpack from last week, let's start with Navient's acquisition of Earnest.
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Real Estate/Changing Hands, Oct. 13, 2017

Real Estate/Changing Hands, Oct. 13, 2017

Robert J. Grybko Estate and Jane C. Seeley Estate, of Springfield, Stephanie A. Grybko, individually and Personal Representative, to Peter R. Karparis
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Canada housing market rebound seen in mid-2018 as sales rise for second month in a row

OTTAWA — The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a
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It seems supply is the key to any housing market upturn

Whether you look at the UK property market, Northern Ireland, Spain or specific parts of the UK, it seems there is one common factor when markets are
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Investors Title Company (ITIC)'s Trend Up, Especially After Forming a Multiple Top Pattern

Investors sentiment increased to 1.67 in Q2 2017. Its up 0.72, from 0.95 in 2017Q1. It is positive, as 3 investors sold Investors Title Company shares
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Wells Fargo's latest challenge? $1B expense for mortgage probes

In the quarter, Wells said it set aside $1 billion to cover legal costs associated with “previously disclosed mortgage-related regulatory investigations.
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Q3 Report: Tight inventory drives price up in Lower Hudson Valley housing market

Home sales slightly declined in the third quarter as tight supply boosted prices in the Lower Hudson Valley, according to the recent reports issued by
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AHL Partners LLP Raises Holdings in Charles River Laboratories International, Inc. (CRL)

Jefferies Group LLC reiterated a “buy” rating and issued a $121.00 price objective on shares of Charles River Laboratories International in a research
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Big Data doyen guns for Disruptive Technology title

A Cambridge company raising millions to become 'The Google of Big Data' is bidding to win the Disruptive Technology category at this year's
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Piedmont Investment Advisors LLC Purchases 66677 Shares of Marriott International (MAR)

Marriott International logo Piedmont Investment Advisors LLC lifted its position in shares of Marriott International (NASDAQ:MAR) by 1,434.2% during
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US Sanctioning Iran's Revolutionary Guard Corps, Trump Says

President Donald Trump said in a White House speech on Iran policy that the U.S. is imposing new sanctions on its Islamic Revolutionary Guard
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BofA Profit Rises on Higher Rates, Lower Costs

(Reuters) – Bank of America Corp, the second-largest U.S. bank by assets, reported a 15 percent rise in quarterly profit as the lender kept a tight leash
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Senate should vacate the harmful consumer banking arbitration rule

Consumers deserve better, and so do small and regional banks. I first raised concerns about the rule shortly after becoming acting U.S. Comptroller of
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This Is Trump's Most Damaging Obamacare Sabotage Yet

The executive order President Donald Trump signed Thursday has the potential to disrupt the Affordable Care Act's individual insurance exchanges.
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TEEL Construction, Inc. Passes President Title From Father To Son

FAIRFAX, Va., Oct. 13, 2017 /PRNewswire/ — After 30 years as President of TEEL Construction, Inc., Parker Teel has changed his title and
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Mortgage crisis returns to bite Wells

Wells Fargo took a surprise $1 billion charge in the quarter for previously disclosed pre-crisis, mortgage-related regulatory investigations, the
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'Severe pressure' forces Scottish firm Bield to exit care home market

One of Scotland's largest care home providers has decided shut down its care homes and exit the care home market because of severe financial
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Realtors Will Fight for the Mortgage Interest Deduction

Your Sept. 28 editorial “Tax Reform, If You Can Keep It” misses a key point of agreement between the Journal and Realtors—we support fiscally
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Mnuchin Calls for World Bank to Wean Itself Off Public Funds

U.S. Treasury Secretary Steven Mnuchin rejected the idea of a capital increase for the World Bank and urged the development lender to put forward a
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House prices: THIS could save you money on your mortgage rates

HOUSE prices on property for sale his high in some parts of the country, but quick action will save millions of homeowners money on their mortgage.
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Homeowners might have to start paying taxes on forgiven debt again

“Many homeowners struggled to repay their mortgages, and were re-negotiating their mortgages with banks,” said Steve Rosenthal, senior fellow at
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California-Led Group Asks Court to Keep Obamacare Subsidies

California-Led Group Asks Court to Keep Obamacare Subsidies

With the health insurance of millions at stake, California Attorney General Xavier Becerra and New York Attorney General Eric Schneiderman, leading
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West Coast group seeks investors to complete $14M apartment complex buy in Raleigh

IMG is under loan application with Freddie Mac for a 10-year ARM; five years interest-only; starting rate at 3.68 percent with a cap at 5.75 percent.
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Hunt Mortgage Group Finances the Acquisition of a Multifamily Property in Irving, Texas

NEW YORK, Oct. 13, 2017 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States,
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AO Indicator Trending Lower For Freddie Mac 5.10 Pfd (FMCCH)

The Awesome Oscillator for Freddie Mac 5.10 Pfd (FMCCH) is showing a five day consistent downtrend, signaling building market momentum for the
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US bank tables start to turn as Bank of America rebounds

A decade after the financial crisis, the tables are starting to turn at the top of the US banking industry. Wells Fargo had long been investors' favourite for
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Cedar Rapids homes sell quickly from July through September

Homes in the Cedar Rapids metro moved off the market quicker and for more money as the region sees a drop in properties up for sale. Between July
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Live-bidding property auction app takes off

Ray White Remuera owner and principal agent Megan Jaffe said her agency had many international and phone buyers at its auction and they could
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Equifax's Grip on Mortgage Data Squeezes Smaller Rivals

Bruce Dorpalen, executive director of National Housing Resource Center, that said that barring smaller data providers from Freddie Mac's system “is
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US Demands America-Specific Auto Content in Nafta

The U.S. wants to include steel in Nafta's tracing list and hike the share of a car that originates in America, moves that may increase costs and red tape
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Millennials having big impact on Quincy housing market

QUINCY — Dr. Jessica Snowden Patel is at the leading edge of the millennial generation, recognized as those born between 1981 and 2001.
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Navistar International Corporation (NAV) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Navistar International Corporation (NYSE:NAV) from a hold rating to a buy rating in a research report
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George Who? Jeff Bezos Is the New Face of Nespresso

It's not just supermarkets that are in a tizz about Amazon.com Inc. The consumer goods giants are also having to change up to accommodate its
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Technical Indicator Analysis for CYS Investments, Inc. (NYSE:CYS)

… in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie
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Ophelia May Become Ireland's Strongest Storm Since 1961

Category 2 Hurricane Ophelia is threatening everything from farms to a golf course owned by the family of U.S. President Donald Trump as it heads for
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FirstRand Makes $1.4 Billion Proposal for UK's Aldermore

FirstRand Ltd., Africa's biggest lender by market value, offered to buy U.K. challenger bank Aldermore Group Plc for about 1.1 billion pounds ($1.4
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End-of-Nafta Jitters Emerge in Remote Corner of Global Markets

There have been few signs in financial markets that the prospect of an unraveling of the Nafta trade accord is worrying investors. A slump in Mexico's
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First American Corporation (New (NYSE:FAF) Trading Up – Short Interest increased by 8.40%

The company is now up by 0.22%% since yesterday's close of 50.09. … The Company operates through the title insurance and services segment, and
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For International Property Buyers, US Presents Stable Investment Opportunities

The report also noted real estate purchased by foreign buyers accounted for … Based on projected trends among international students, demand from
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Shoppers more likely to buy from international markets: studies

Shoppers are becoming ever more willing to buy online from international markets, according to two new reports out this week. Here what the two
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Is Wall Street upending Nashville neighborhoods? These professors want to know

“The single-family rental housing market is starting to get commercialized in ways that it hasn't before,” Silverman said. “There's not a lot known about
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Surprise! Military Vet Gets Keys To Mortgage-Free Home

Surprise! Military Vet Gets Keys To Mortgage-Free Home

FORT LAUDERDALE (CBSMiami) – A South Florida military veteran received the surprise of a lifetime after being handed the keys to a new,
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Canadian home sales gain ground in September, but down from year ago mark

Home sales in Canada had been slowing this year following changes by the Ontario government aimed at cooling the Toronto market. CREA noted
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Commentary: Is the private housing market experiencing a bubble?

With a growing en bloc fever and the market picking up, two experts from the EdgeProp weigh in on whether the uptick in private housing prices is
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Use these Tools to Proactively Manage Your Money

Great Western Bank 's online and mobile banking come loaded with modern tools created specifically to help you stay on top of your finances and
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Utilities Accept the New, But Will They Embrace It?

Using the Bloomberg Document Search, I combed through investor presentations by 127 publicly listed U.S. utility companies since 2009 and
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Mortgage Bills Move to the House

One of the legislations, H.R. 2954, amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and
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News From NAMB: October 13, 2017

The nation's most exciting mortgage show is coming to Las Vegas October …. The cases range from redlining to discrimination on national origin.
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Mortgage Rates Hit Biggest Increase Since Summer

Freddie Mac released the results of its Primary Mortgage Market Survey Thursday, revealing that 30-year fixed-rate mortgages rates posted its biggest
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Investors Title Co (ITIC) Market Valuation Rose While Biglari Capital Cut Holding; As Ecolab (ECL …

Biglari Capital Corp decreased its stake in Investors Title Co (ITIC) by 13.16% based on its latest 2017Q2 regulatory filing with the SEC. Biglari Capital
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Homes Are Shrinking in the US

In a reversal of a three-decade trend, U.S. homebuilders are cutting the size of the American home as margins are being squeezed by a shortage of
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LO Corey Butler Joins PRMI's Team in Maryland

Primary Residential Mortgage Inc. (PRMI) has named Corey Butler to its Severna Park, Md. team as its newest Loan Officer. Corey is a native of the
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Wells Fargo Reports 8.5% Increase in Lease Financing Average Balances

Wells Fargo Reports 8.5% Increase in Lease Financing Average Balances … The bank noted that third quarter 2017 included a $1 billion discrete litigation accrual for previously disclosed mortgage-related regulatory investigations.
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How Far Will Iran Go in Repudiating Trump?

President Donald Trump declared a hardened stance toward Iran Friday as he refused to certify that the Islamic Republic is in compliance with the
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For Wells Fargo, the Heat Just Got Turned Up

Someday, Wells Fargo & Co. shareholders may have something to be cheerful about. That's not today. Bucking a trend set by rivals Bank of America
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First Horizon continues to gain momentum, demonstrates strong progress in 3Q17

Net interest income was up 13 percent, driven by average total loan growth … areas such as loans to mortgage companies and asset-based lending.
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Local mortgage rates indicate good time to buy or sell

If you're in the market to buy or sell a house, experts say it may be a good time. Mortgage rates are on the rise, but locally, loan officers have been able
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Sears Canada Wins Court Approval to Liquidate Remaining Stores

While Sears Canada has dabbled in pop-up stores and e-commerce, its distribution centers aren't as automated as Amazon.com Inc. or even
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Ex-CFPB Attorney: Cordray Will Likely Quit

A former enforcement attorney at the Consumer Financial Protection Bureau (CFPB) is claiming that Richard Cordray, the bureau's Director, told him in
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3 Solid Ways to Get a Mortgage Loan Approval

This is what lenders start looking at when reviewing mortgage loan applications. Experian and Fico are some of the agencies where you can get a
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Samantha Power Meets With House Panel Investigating Russia

Samantha Power, who served as U.S. ambassador to the United Nations under President Barack Obama, met for three hours behind closed doors
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Zillow: Rising Rents Too High for HUD Vouchers

Zillow: Rising Rents Too High for HUD Vouchers

Federal housing vouchers for low-income renters are too low to cover the market rent in many of the nation's job centers, according to a data analysis
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Amid scandal, SoFi bails on becoming a bank

While the chances were already slim, Social Finance, better known as SoFi, announced on Friday that it is pulling its application to open a bank.
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This is how much the average house costs where you live

While the average house price in Wales has increased by almost £6,000, some areas have seen a real boom while others have plummetted.
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Coffee With Impact: Amy's Ice Creams founder embraces 'small business' title

When Steve's Ice Cream was sold to a publicly traded real estate company, Amy decided to start her own company where she could focus on the
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Ohio extends ban on doing business with Wells Fargo

Wells Fargo may believe that it's made significant progress to regain the public's trust in the wake of last year's fake account scandal, but Ohio Gov.
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Obituary of Rosemary Pello Hill

She worked briefly at the Inter-County Title Company before wedding James F. (Pat) Hill, Jr., in 1960, and moving to the Sierras to make her home on
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Stevens Point author draws on law career for thrillers' inspiration

Farmer's protagonist, Alan Newberg, is described in a book summary as “a staid title-company lawyer in the middle of a divorce,” when he heads to the
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Mortgage Rates Back Into The 3's After Inflation Report

Mortgage rates moved lower today. For many lenders, it was the biggest drop in more than a month and it also brings them to the best levels in roughly
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Mobile banking growth and other takeaways from BofA's Q3 earnings

Bank of America executives touted its ongoing initiatives in mobile banking as the Charlotte-based company continues to lower its employee
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3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Canadian regulators may soon force borrowers to qualify at interest rates two percentage points above the contract rate. With many posted mortgage
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Trump's New Obamacare Killer to Cost Uncle Sam $194 Billion

President Donald Trump is halting some Obamacare subsidies. A big money saver for taxpayers, right? Wrong. The move could actually force the
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SoFi withdraws US banking application, citing leadership change

NEW YORK (Reuters) – Student online lender Social Finance Inc said on Friday that it is withdrawing its application for a bank license in the wake of
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Randal Quarles officially takes over as Fed's point person on banking supervision

After being confirmed last week in the Senate by a 65-32 margin, Randal Quarles officially took his place as a member of the Board of Governors of the
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Canadian home resales edge higher in September: CREA

OTTAWA (Reuters) – The resale of Canadian homes grew 2.1 percent in … Canada's once-sizzling housing market has cooled dramatically in recent
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Search Results

The loans can fund initial purchases or offer refinancing, often with … the financing could be available in cases where conventional mortgages might
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Mortgage Professional II – Direct (9558)

New Career Opportunity! Mr. Cooper has an opening for a Mortgage Professional II – Direct (9558) in Santa Ana, CA.
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Investors Title Company (NASDAQ:ITIC) Trading Up – Short Interest Down -9.77%

Investors are a little more bullish lately looking at the motion in short interest. The company had a fall in short interest from August 31, 2017 to
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Trump Asks Judge to Toss Out ACLU Suit Over Transgender Soldier Ban

The U.S. Justice Department asked a federal judge to throw out a lawsuit over the government's planned ban on transgender military personnel,
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Ginnie Mae and VA Team to Focus on Veterans' Refinancing Problems

Ginnie Mae and the U.S. Department of Veterans Affairs (VA) have teamed up on a new initiative to focus on problems related to mortgage refinancing
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Malaysians researching financing for property online, exceeds global average

Property Technology (PropTech) expert James Dearsley said brokers are still the most trusted source of mortgage advice however, in an increasingly
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A slow month or an end to Toronto's condo boom? What new homebuilding data may mean

A slow month or an end to Toronto's condo boom? What new homebuilding data may mean

“The overall pace of new home construction remains stable as strong … market analyst for the Canada Mortgage and Housing Corporation (CMHC),
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Fall Open House at The Preserve at Deep Creek Saturday, October 14 from 10–5

See a Sales and Marketing Representative for details. NVR Mortgage Finance, Inc. is licensed by the Virginia State Corporation Commission as a
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Top tips: Personalisation in the banking sector

Following NCR findings this week that consumers' personalised banking needs are not being met, Nigel Arthur, Managing Director of a digital growth
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TruStone Financial Employees Volunteer in Local Communities for CU Forward Day

Nearly 375 employees from TruStone Financial and Mortgage Lending Services volunteered at 20 different organizations with a focus on serving the
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Wells Fargo Hit by Surprise Charge From Pre-Crisis Mortgages

More recently, it's come under fire over auto-loan clients who were forced to pay for unwanted car insurance and mortgage customers who were
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Nano apartments rise to HK's housing challenge

Sir, Emma Crichton-Miller offers an interesting overview of London's approach to tackling high housing prices (“Small solutions”, House & Home,
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Hungarian state buyer snaps up soured mortgages in bank clean-up

BUDAPEST, Oct 13 (Reuters) – Hungary is competing with foreign investors to buy non-performing loans from its banks as it pursues Prime Minister
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The Political Color Chart: More People Moving to Blue Counties

The nation's political environment seems to be impacting its housing markets, according to a new data analysis from Redfin that found 7.4 percent
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MORE Lending Now Using LoanScorecard's Portfolio Producer

MORE Lending, the wholesale division of Synergy One Lending, a San Diego-based mortgage lender, is now using Portfolio Producer from
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Longtime Banking Security Leader Doug Johnson Dies

The American Bankers Association announces with great sorrow the death of employee Doug Johnson, one of the nation's preeminent bank security
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Consumer banking powers BofA profit beat – Reuters

Shares of the No.2 U.S. bank by assets rose about 1 percent in premarket trade on Friday. Revenue rose across three of BofA's four main businesses,
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Mansion Global Daily: A Hamptons for All Seasons

After recent cooling measures taken by the Ontario government, Toronto's new home prices stayed flat for the third month in a row, while resale prices
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5 Trends in Multifamily Investing for 2018

Agency lenders like Freddie Mac and Fannie Mae, both a huge part of recent multifamily market growth, have always been solid debt vehicles for
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Wells Fargo's looming $1 billion mortgage litigation settlement brings down 3Q earnings

Wells Fargo saw a drop in its third-quarter earnings from both the previous quarter and the previous year due to its previously disclosed $1 billion
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Bank of America's Return to 1950s Style Banking Is Paying Off

No sooner had Brian Moynihan taken the helm of Bank of America at the start of 2010, than the giant lender suffered wave upon wave of giant,
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Pennsylvania Banking Regulators Remind Fintechs to Obtain Licensing

In an Oct. 6 letter, Pennsylvania Secretary of Banking and Securities Robin L. Wiessmann addressed companies and individuals that offer financial
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Need stronger bank balance sheets to tackle NPAs: RBI Deputy Governor NS Vishwanathan

KOLKATA: Reserve Bank of India Deputy Governor N S Vishwanathan today stressed on the need to strengthen the balance sheets of banks to deal
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Quicken Loans, Calyx partner on LOS

Quicken Loans Mortgage Services and mortgage software provider Calyx Software have partnered to release the Quicken Loans Origination System
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Could Dallas be the next San Francisco?

… from Nationwide Mutual Insurance Company ranked Dallas-Plano-Irving, Texas in its bottom 10 unhealthy markets in terms of housing affordability.
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Rep. Beatty grills HUD Secretary Carson on future of FHA mortgage insurance premiums

President Donald Trump suspended the reduction of mortgage insurance premiums within the first hours of his presidency, and since then, very little
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After the Storm: Forensic Accounting = Record Reconstruction

After the Storm: Forensic Accounting = Record Reconstruction

Begin by calling the title company and the bank that handled the transaction. If the necessary records are destroyed, use “comps” for the neighborhood
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Summers Says Trump Officials Are Making Things Up About Their Tax Plan

… where people can figure out what their taxes would be under it,” Summers said, speaking on Bloomberg Television with David Westin and Alix Steel.
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Consumer Sentiment in US Unexpectedly Surges to 13-Year High

U.S. consumer sentiment unexpectedly surged to a 13-year high as Americans' perceptions of the economy and their own finances rebounded
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Moderate Republican Susan Collins Decides Against Leaving US Senate

Senator Susan Collins of Maine said Friday she has decided against running for governor next year, ending the prospect that one of the chamber's last
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NATO Says Countries Must Find a Diplomatic Solution on North Korea

… aiming at is to find a political solution to the crisis in North Korea,” NATO Secretary General Jens Stoltenberg said in an interview with Bloomberg TV
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Fed's Rosengren Says Next Chair Unlikely to Make Sudden Shifts

… over time, but they do have to work with the committee,” Rosengren told Bloomberg Television's Michael McKee in an interview Friday in Boston.
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Qualcomm Seeks China iPhone Ban, Escalating Apple Legal Fight

Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker's biggest shot at Apple Inc. so
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Saudi Arabia Wastes No Time in Backing Trump's Iran Strategy

Just as U.S. President Donald Trump finished his speech outlining a hardline policy against Iran, Saudi Arabia was ready with a statement supporting
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This Is the Week Wall Street Went Nuts Over Cryptocurrencies

Wall Street banks that weren't already on the bitcoin bandwagon appear to be piling on, or least eyeing seats, after the cryptocurrency surged to
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BofA Posts Its Best Profit in Six Years

The average estimate of 26 analysts surveyed by Bloomberg was for per-share profit of 46 cents. Bank of America posted $11.4 billion in net interest
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US Spy Chiefs Say Expiring Program Key to Stopping Threats

Top U.S. national security officials called on Congress to quickly renew a counterterrorism program that lets intelligence agencies intercept the
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Venezuelan Opposition Chief Says Maduro May Block His Visit to Russia

… asking him to ensure that Borges and other delegation members be allowed to travel freely to Russia, according to a copy seen by Bloomberg.
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UK's Hammond Tells Brexit Critics He's Staying in the Job

U.K. Chancellor of the Exchequer Philip Hammond hit back at critics who say he should be fired for being too gloomy about Brexit, saying he was
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Stewart adds agency integration manager

Stewart Title Agency Services has hired Jessica Charmatz as its agency integration manager for the southeastern U.S., the company announced.
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Iraqi Kurds Deploy Extra Forces Near Kirkuk as Tensions Spiral

… dropped, sending the yield up 11 basis points, or 0.11 of a percentage point as of 10:46 a.m. in Dubai, according to data compiled by Bloomberg.
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The Mortgage Collaborative Rolls Out New Benchmarking Report

The Mortgage Collaborative has come out with a new benchmarking report that will enable its lender members to compare their performance against
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Trump Just Took Ownership of Obamacare's Political Risks

After months of pinning the blame for Obamacare's shortcomings on Democrats and watching his own party fail to act, President Donald Trump just
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Low stock, high prices – Bay housing market continues surge

Hawke's Bay's property market is leading the charge with the second highest median price increase among the regions, year on year. The latest Real
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Are Investors Buying or Selling Johnson Controls International plc (JCI), and What Should You Do?

Recent trading patterns in the stock of Johnson Controls International plc (NYSE:JCI) have investors on high alert. Performance is ultimately what
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Fannie Mae Reminds Homeowners and Servicers of Mortgage Assistance Options for Areas …

Servicers are authorized to suspend or reduce a homeowner's mortgage payments immediately for up to 90 days without any contact with the
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Ocwen settles with Alabama, Minnesota regulators

Ocwen settles with Alabama, Minnesota regulators

Ocwen Financial Corp. is settling allegations by Alabama and Minnesota that it engaged in improper mortgage activities, bringing the total of states it
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AP National News Calendar

THURSDAY: Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates,
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38 states call on Experian and TransUnion to drop credit freeze fees in wake of Equifax breach

Equifax may be offering one year of credit file monitoring and identity theft protection in the wake of the credit reporting agency's massive data breach,
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Bon Secours, Capital One on list of best companies for mom-friendly workplaces

… Allen Hamilton; credit card issuer Capital One Financial Corp., the Richmond region's largest private employer; and mortgage company Freddie Mac
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Investors Title Company (NASDAQ:ITIC) Short Interest decreased by -9.77% – Currently Trading Up

Traders are feeling more bullish on the company recently at least if you consider the downtick in short interest. The stock realized a fall in short interest
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George Groves' world title win changed him – he's a classy champion and will have no problems …

Groves will rehydrate to a stone above the 168lb limit, coming in at 180-plus. He's bigger than Cox, mixed in better company and is really up for this.
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Attempted fraud case involves title company

A couple purchasing some local land almost became victims of fraud when it came time to wire money to the title company, Detective Rob Martellaro of
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Fannie Mae Reminds Homeowners, Servicers of Mortgage Assistance Options for Areas Affected …

Fannie Mae is reminding those impacted by the California wildfires of the options available for mortgage assistance.
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Federal and Provincial Governments Back Housing Projects Across Saskatchewan

Federal and Provincial Governments Back Housing Projects Across … of the housing market and financial system, provides support for Canadians in
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Freddie Mac Confirms Disaster Relief Policies Amid California Wildfires

MCLEAN, VA–(Marketwired – Oct 13, 2017) – Freddie Mac ( OTCQB : FMCC) confirmed today its disaster relief policies for people whose homes or
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American optimism could indicate beginning of the end for economic expansion

After concerns over the hurricanes faded off at the end of September, consumer optimism surged at the beginning of October, according to the Survey
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Mortgage rates today, October 13, plus lock recommendations

Mortgage rates today reversed yesterday's increases, probably due to a weaker-than-expected Consumer Price Index (CPI). This report shows where
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Insider Trading at Currency Exchange International Corp?

Currency Exchange International Corp logo Currency Exchange International Corp (TSE:CXI) Director Mark Douglas Mickleborough purchased 1,800
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ECB could provide support for Greece by buying NBG bonds -bankers

In June, a source told Reuters the central bank needs more clarity on what kind of debt relief Greece will get from its international creditors if it is to buy
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Wells Fargo posts fourth straight revenue miss on mortgage issues

But revenue at the bank also suffered from a decline in mortgage banking revenue. Wells has been trying to bounce back from a scandal over
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Mortgage Rates Friday: Mixed, as Storms Nix Home Sales

The average 30-year, fixed-rate mortgage rate fell one basis point, while the 15-year fixed was unchanged. The 5/1 ARM rose two basis points,
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Currencies, bonds firm as ECB seen extending asset buying

Five people with direct knowledge of the discussion told Reuters that ECB policymakers broadly agreed to extend asset purchases at a lower volume
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New York's sweet apartment deals are no longer wooing renters | National Mortgage News

It's a renter's market in New York, and after a year of being bombarded with landlord offers of gift cards and free months, apartment seekers are getting
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California Home Prices and Sales Predicted to Keep Rising in 2018

“However, a persistent shortage of homes for sale and increasing home prices will dictate the market as housing affordability diminishes for buyers
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More Fixed Income News

MCLEAN, VA — (Marketwired) — 10/13/17 — Freddie Mac (FMCC) confirmed today its disaster relief policies for people whose homes or places of
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Canadian home sales edge up again in September

Canadian home sales edge up again in September

The national result continues to be influenced heavily by trends in Toronto and … All real estate is local, and REALTORS® remain your best source for
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Wells Fargo earnings: Profit falls on legal costs from bank accounts scandal

Wells Fargo on Friday reported earnings that badly lagged Wall Street forecasts as the banking giant continued to address a scandal over millions of
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Trading Check: PPO Reading Above the Signal Line on Shares of IQ US Real Estate Smallcap ETF …

IQ US Real Estate Smallcap ETF (ROOF) presently has a 14-day … A value of 50-75 would signal a very strong trend, and a value of 75-100 would
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Bank of America, Wells Fargo Report Mixed Earnings

Bank of America Corp (NYSE: BAC) and Wells Fargo & Co (WFC) continued a mixed earnings season for big bank stocks on Friday morning. Neither
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Average Canadian house price up 3% in past 12 months, CREA says

The Canadian Real Estate Association said Friday that the deceleration in price gains largely reflects softening price trends in Ontario's Greater
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Knicks preview: Phil is gone, but New York still banking on decisions he left behind

Never miss a moment! Get the CBS Sports App for the fastest scores, breaking news alerts and inside access to your favorite sports and teams.
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Real Talk with Martin Friedman of FJ Capital Management

Drivers of this trend include bank profitability challenges, cost savings, management and board fatigue, commercial real estate lending concentration,
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Big European Investment Banks Shrink, and That's a Good Thing

Investment banking clearly isn't what it used to be. The two big U.S. banks that kick-started earnings season, JPMorgan Chase & Co. (JPM) and
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Wells Fargo revenue suffers on mortgage banking slump

Revenue at the bank has suffered as it tries to bounce back from dishonest practices that led to a severe grilling by Congress and faced the ire of
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IDBI Bank employees to go on 2-day strike

IDBI Bank employees along with the members of various bank unions would hold a two day strike later this month demanding wage revision.
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NIPOST will soon begin banking services – Official

Magulike told the Newsmen in Ilorin that the agency's banking services would enable Nigerians to send money across the country and beyond,
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$0.55 EPS Expected for Encore Wire (WIRE); Swiss Re AG (ETR:SR9) Covered By 7 Bullish …

$0.55 EPS Expected for Encore Wire (WIRE); Swiss Re AG (ETR:SR9) … Analysts expect Encore Wire Corporation (NASDAQ:WIRE) to report $0.55 EPS … primarily as interior wiring in homes, apartments and manufactured housing,
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BankThink Regulators must wake up to banking's branchless future

I would like to take that a step further and describe why brokered deposits are necessary to the normal evolution of banking. Regulators must facilitate
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Consumer banking powers Bank of America profit beat

Bank of America Corp's (BAC) profit surged 15 percent in the third quarter as higher U.S. interest rates boosted income from consumer banking and
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India should prioritise public banking sector reforms: IMF

WASHINGTON: India must prioritise implementation of public banking sector structural reforms, enhance the efficiency of labour and product markets,
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Billion-dollar settlement takes a bite out of Wells Fargo's Q3 earnings

In the third quarter of 2017, that settlement finally hit the bank's bottom line, according to a HousingWire report. Wells Fargo announced in its Q3
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Co-op Bank's users moan over online wobbles

Updated The Co-op Bank's online service appears to be experiencing … with the website and online banking since 10:10 UTC on downdetector.com.
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Breaking Down the Chart for Pennsylvania Real Estate Investment Trust (PEI)

Pennsylvania Real Estate Investment Trust (NYSE:PEI) in the last month has … key support or resistance levels and possibly the end of a current trend.
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Why Bank Earnings Are Better Than The Market Reaction Suggests

On Monday, I wrote this article, which laid out why investors should be concentrating on the more traditional consumer and business retail banking
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Carson: False Claims Act litigation against lenders is 'ridiculous'

… mortgages that didn't meet Federal Housing Administration Standards. … ($113 million) and PHH ($75 million), according to a HousingWire report.
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