18-064MR ASIC winds up payday lending companies for unpaid fines

18-064MR ASIC winds up payday lending companies for unpaid fines

18-064MR ASIC winds up payday lending companies for unpaid fines. ASIC has obtained orders winding up Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (BurleighHeads) Pty Ltd (the FAF Companies) for their failure to pay fines for breaching consumer
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China Is Making a Bold Military Power Play

As lawmakers meet this week to cement Xi Jinping's power at home, China's president is also looking to boost his country's military might abroad. He's overhauled China's military to challenge U.S. supremacy in the Indo-Pacific, most visibly with a plan to put half-a-dozen aircraft carriers in the world's
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Analysts Set CIRCOR International, Inc. (CIR) Target Price at $61.33

ValuEngine lowered shares of CIRCOR International from a “hold” rating to a “sell” rating in a research report on Saturday, February 17th. Zacks Investment Research downgraded shares of CIRCOR International from a “buy” rating to a “hold” rating in a report on Friday. Stifel Nicolaus upped their price
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Record low home supply helps drive up Colorado Springs prices

The supply of Springs-area homes for sale tumbled to 1,229 in February, another record monthly low, according to the latest Pikes Peak Association of Realtors report. Listings in the report have dropped every month since August 2014 on a year-over-year basis. “It's very low,” said Debbie Howes, a real
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iLeads.com and Jornaya Announce Data Partnership

Counting both the largest non-bank lenders, as well as leading Internet lead generation firms as clients, iLeads.com LeadXL analytics platform currently witnesses over 15 million Internet mortgage leads monthly. Our unique analytics allow lenders to understand both what is occurring on their own sales
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Western Asset Mortgage Q4 Earnings Preview

Over the past 52-week period, shares of Western Asset Mortgage have declined 10.97 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the
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Expert analysis: Where the housing market is heading this year

The housing market has been cooling and one expert says the stability in the sector has given buyers, sellers, investors and owner-occupiers the ability to make financial plans. However, with an easing in home-loan restrictions and the new Government settling in, some are seeing activity start to pick up,
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What Do Rapidly Rising Mortgage Rates Mean For The Real Estate Market?

Just in case you missed it mortgage rates have really been rising since mid-September when the 30 year fixed rate bounced off of a short term low of 3.78% and has recently hit 4.43%. For historical perspective you can check out the interactive mortgage rate graph below from the Federal Reserve Bank
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The number of 'other' debt sources is gaining momentum

Agency lending (Freddie Mac, Fannie Mae, Housing and Urban Development, and Federal Housing Administration) increased 23 percent year over year to $127 billion followed by commercial mortgage-backed securities lending up 20 percent year over year to $82 billion. Meanwhile, bank and
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Five rising female talents to watch in property and real estate

Five shortlisted female professionals are set to break new glass ceilings in the traditionally male-dominated property and real estate industry at the upcoming inaugural Women of the Future Southeast Asia Awards on 20 March.
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Fannie Mae Expands Green Lending, Housing Innovation Platforms

Now, I expect our green lending program to be a mainstay of what we do. Fannie Mae is also celebrating three important milestones this year: 80-50-30. The first one is Fannie Mae's 80th anniversary. It's been 50 years since the signing of the Fair Housing Act. This year also marks the 30th anniversary
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Here's how a Trump trade war could affect the Canadian housing market

Last week, the Trump administration announced plans to introduce global tariffs on steel and aluminium. The news came in the midst of ongoing — and difficult — negotiations to save NAFTA. But what does all this political turmoil mean for the Canadian housing market? Well, for one thing, it seems
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Monster Hunter World is Capcom's Best Selling Game Ever

It didn't take long for Monster Hunter World to become Capcom's best selling title either, with the game having only released in January. … and cultural barriers to delight approximately 7 million players worldwide, and has shipped 7.5 million units, making it the best-selling title in company history.
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Waterloo Region among best real estate markets for investment: report

If you're looking to invest in real estate, a new report says, putting your dollars into Waterloo Region is a better idea than putting them into Toronto or Hamilton. The Real Estate Investment Network has ranked the region as the second-best community for real estate investment in Ontario, behind only
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Lower Income Earns Find New Challenge in Home Affordability

Home prices at the lower end of the market have become affordable than the national average, particularly for those in lower income levels, … data has determined income growth in the lower quintiles failed to keep with the higher ends of the market, which could be exacerbated as mortgage rates rise.
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Your Zillow Account Makes It Costlier to Buy a Home

Although making the process quicker and more efficient is good and welcome, it has helped to shrink the amount of housing inventory for sale. This is an unwelcome side effect at a time when buyers are engaged in fierce competition over a relatively small number of homes for sale by historical
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Australian housing stuck between a rock and a hard place

Anyone in the mood for discovering the end result of short-term, politically driven economic policy coruld do worse than read the Grattan Institute's latest report on housing affordability. It is a report that shows the result of 30 years of policy geared towards surging housing prices which has left people
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RBI to inject Rs 1 lakh cr cash into banking system in March

MUMBAI: The Reserve Bank of India will inject Rs 1 lakh crore short term money into the banking system ahead of the financial year-end that normally … to conduct additional variable rate repo operations for longer tenors to provide additional liquidity support to the banks during March 2018, RBI said.
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Low coffee market volatility spurs buying of options – 'just in case'

Archer Consulting noted “a lot of buying of call options in recent sessions”, a move which gives investors the right, but not the obligation, to purchase coffee at a … “After the sharp price drops in the domestic and international markets early in the month, purchasers and sellers retracted, hampering trades.
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Training time, licensing fees go up for West Virginia loan officers

Mortgage licensees in West Virginia will pay higher application fees and need to take additional hours of mandatory prelicensing and continuing education under an amendment to the state's licensing law. The state's Senate approved the bill unanimously on March 2 while it passed its House on Feb.
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