Commercial lending jumps 9pc

Commercial lending jumps 9pc

Home loans for owner occupiers have fallen 3.1 per cent to $19.9 billion, but commercial loans, which include investor mortgages, have soared 9 per
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Commercial real estate highlights

Porter Realty Co. reports the sale of 6,080 square feet at 7 E. Cary St. in Richmond for $412,500 to Far Nia LLC from James A. Keith Sr. Dick Porter
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Failing in the art of surprise

Would a surprise RBNZ cut to the OCR of 25 or 50 basis points next week really run the risk of fuelling the white-hot housing market even more with
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CEO in the news: will the boss of India's biggest bank stay or go?

It is a time of great change in Indian banking. Not only has Raghuram Rajan been replaced as governor of the Reserve Bank of India; attention is also
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WWE Backlash 2016 results: AJ Styles wins world title, one of three new champs

Similar to many of WWE's recent creative decisions, putting the strap on Styles signifies a changing of the guard inside the company. While WWE still
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PBOC's Ma Says China Must Act to Contain Housing Market 'Bubble'

China should take steps to restrain bubble-like expansion in housing markets and tame excessive financial inflows into property, according to a central
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Senior Mortgage Advisor – Attractive Base & Uncapped Monthly Bonuses Job in Melbourne

Mortgages, Exciting Opportunities For Experienced Lenders or Mortgage Brokers Looking to Broaden Their Career But Not Ready to or Seeking to be
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Banks find blockchain hard to put into practice

Banks are rushing to adopt blockchain — the distributed ledger technology that underpins bitcoin — in order to cut costs, but technologists and
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New Broker Ratings For American Capital Mortgage Investment Corp. (NASDAQ:MTGE)

01/15/2016 – American Capital Mortgage Investment Corp. was downgraded to “market perform” by analysts at Wells Fargo. (NYSE:NRZ) last released
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Our Solutions

Mortgage Loan Officer … From application to the closing paperwork, every loan goes through different phases — and each phase comes with its own
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Why experts think the housing market could crash in six weeks

Why experts think the housing market could crash in six weeks

Well, a US think tank has penned an article warning Australia has roughly “six weeks” to stop the housing market from collapsing – and it points to a
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Will you buy if a real estate project has an exotic name?

NEW DELHI: Realty major DLF will invest about Rs 500 crore to develop an IT Park in Chennai as the commercial real estate market has picked up in
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Techonomics: Real Estate update with Patrick Carlisle

We talk to Patrick Carlisle, Chief Market Analyst at Paragon Real Estate Group​, about where the housing market currently sits. We also find out what
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Cats Welcome, DVD Lending Library, Grilling/picnic areas, Elevators

Relax in Your New Home Welcome Home! Call Now: Full Color Brochure Here: http://rent.highlandapts.com/c5y49u Vaulted ceilings, sunken living
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Real estate transactions Sept. 12

$1,200,000 Heck Jeffrey G to Marshall Barry, Marshall Suzanne, Lot 35 Blk H Ballentine Manor Estates, Aug. 24. $937,500 Hyman Joel Elliot, Rolsky
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Creating Stickier e-Mortgage Customers

“In essence, bank loyalty is not a factor for borrowers in shopping for a mortgage loan.” That was the conclusion of Accenture in last year's Digital
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A history of failed reform: why Australia needs a banking royal commission

Several financial inquries (outlined below) have failed to tackle the growing concentration in the Australian finance sector, or the need to separate
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Mortgage Adviser

Do you have what it takes to become a top performing Mortgage Adviser? Are you passionate about advancing your advisory career and helping
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New insurer to sell policies directly to consumers

There is a new life and general insurer in town hoping to transform the insurance business by simplifying the process of buying policies.
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Canada's Big Banks Shy Away from Banking the Cannabis Industry Despite Federal Legality

Alexandra Posadzki reported that Hemp Country, which sells cannabis accessories, lost its bank account with Scotiabank, the nation's third largest
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Lloyds shareholders demand succession plan

Lloyds shareholders demand succession plan

Large shareholders in Lloyds Banking Group are calling on the high street lender to strengthen its internal succession plan and address a perceived
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Stranger's £40 parking ticket cost family their new home

But media consultant James Smith and his wife Jennie were turned down for a mortgage because of a CCJ he knew nothing about. Mr Smith, 31, from
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Dark windows illuminate problems in Vancouver's real estate market

Like the real estate market, rental prices have become detached from incomes and are forcing people to live in cramped apartments, find roommates
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Is this NZ's goofiest real estate agent?

Riding a kid's bike, juggling fruit and roasting marshmallows – Tauranga's Brent Bastin pushes the boat out more than most real estate agents – making
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​Xero to leverage data for small business lending market

After spending 10 years building a cloud accounting platform, New Zealand's Xero is heading down the lending path, hoping to give small businesses
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Column: Zembrodt touts financial savvy on council

I have been in the mortgage lending business for over 35 years. I owned a business for over 20 of those years. I do budgeting and finance in my line of
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Next Weeks Broker Price Targets For The First Bancshares, Inc. (FBMS)

Stock market analysts and brokers have recently amended their target … The Bank offers a portfolio of loans, including mortgage loans held for sale;
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CBN to quit as 'Lender of Last Resort' to banking system

The Central Bank of Nigeria (CBN) will soon stop performing its role as 'lender of last resort' to the banking system. CBN Governor, Mr. Godwin
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Letting agents urged to lobby MPs over mortgage interest tax changes

A campaign group is urging letting agents to join with landlords in lobbying MP over the government's change to buy to let investors' mortgage interest
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BC urges federal government crackdown on real estate tax cheats

The Globe investigation revealed how real estate speculator Kenny Gu paid next to nothing in taxes last year, while millions of dollars flowed through
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Leeds BS ups max interest-only LTV to 60%

Leeds BS ups max interest-only LTV to 60%

The criteria change applies to the society's range of interest-only and part and part mortgages – where part of the loan is interest-only and part capital
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Independent Financial Analysis and the Case of Deutsche Bank

Epoch Times spoke to Mr. Middleton about his unique way of distilling information into useful knowledge, the powder keg that is Deutsche Bank, and
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Banking Day – edition or emails – stranded or undelivered for any reader?

Also, if the new format Banking Day has gotten waylaid in your spam folder or screened out by an over vigilant filter, we'd be pleased if you shared an
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Inside Macquarie Bank's big digital ambitions

Macquarie Bank is hoping to differentiate itself from rivals in the fiercely competitive digital banking space by using machine learning and natural
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'Six weeks' to stop a collapse

AUSTRALIA has roughly “six weeks” to prevent a housing market collapse caused by the banks' crackdown on foreign investor lending, a US defence
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Access Bank is Nigeria's Best Bank, Herbert Wigwe is Bank CEO of the year

Access Bank Plc has emerged the best bank in Nigeria for the year 2016. The announcement was made by the Award Committee at this year's
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Australia 6 weeks from a housing collapse, US report warns

Australia has roughly “six weeks” to prevent a housing market collapse caused by the banks' crackdown on foreign investor lending, a US defence
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NDP calls for tougher enforcement around BC real estate sales

Vancouver-Point Grey MLA David Eby with a window display of comments on the real estate market at his constituency office in Vancouver. Denise
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Fintechs and banks, collaborate to succeed!

Banks and fintech companies need to collaborate to succeed, argue Saxo Bank's global COO, Søren Kyhl, and Stig Tørnes, head of business
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Housing market takes a spill despite rates cut

We expect lending growth will regain momentum to a relatively moderate pace given the recent pickup in recent housing indicators, and particularly
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The momentum must continue for new housing supply

The momentum must continue for new housing supply

“We support Property Council's call for the exemption to be extended to new houses supplied to the market by builders and contractors, most of whom
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How bank stocks could weather a rate hike from the Federal Reserve

The fate of U.S. bank stocks took an interesting twist Friday, when the market plunged 2.5%, its worst one-day dive since late June. Sparking the
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ING Romania blames failed fire drill for hours of crippled banking infrastructure

ING Bank Romania said that a fire drill that went wrong at its data center lead to an interruption of all its retail banking operations for around 10 hours
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Sydney population booms and the only way is up and in

… Stokes, who used the release of the updated Department Planning and Environment figures to talk about his ambitions for Sydney's housing market.
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Significant development: Delinking Islamic banking from interest

LONDON: Islamic banking and financial products are priced with reference to an interest-based benchmark, which makes them look and behave like
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Australian Mortgage Awards finalists announced

The event, sponsored by Westpac, defines excellence in the mortgage and finance industry, recognising the achievements of outstanding brokers,
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Ellington Financial LLC (EFC) Receives "Buy" Rating from Credit Suisse Group AG

American Capital Mortgage Investment Corp. has a one year low of $12.01 … Ellington Financial (NYSE:EFC) last announced its quarterly earnings
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Home lending figures “no cause for alarm”

Figures from the Australian Bureau of Statistics show a 3.1% fall in value for owner occupied lending for July. The total value of housing finance
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Implications of Information Technology in Banking-Cyber Law and Cyber Security in India

My paper highlights the pros and cons of technology based banking services in India. Banks mobilize public savings and facilitate investments.
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Woes at Italy's Biggest Bank Reverberate in Europe

Now, as Jean-Pierre Mustier, the bank's new chief executive, readies a … “Fixing UniCredit is of paramount importance for Italy's banking system,
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NM Rothschild facing embarrassing lawsuit from four British pensioners who claim it mistreated …

NM Rothschild facing embarrassing lawsuit from four British pensioners who claim it mistreated …

Blue-blooded bank NM Rothschild is facing an embarrassing lawsuit from four British pensioners who claim it mistreated them over mortgages.
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Next Weeks Broker Price Targets For Lending Club (NYSE:LC)

08/15/2016 – Lending Club had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 5 price target on
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Man's plan to skimp on mortgage debt fails

According to an indictment from the U.S. Attorney's office, Hines received a mortgage loan for his home in New Port Richey and fell behind on his
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First Wilshire Securities Management Inc Lowers stake in Cash America International Inc (CSH)

Cash America International Inc. (Cash America) provides specialty financial services to individuals through its storefront lending and franchised check
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Builders shifting from apartments to condos this year in Boston

Now the market is responding,” said Sheila Dillon, chief of housing for Mayor Martin J. Walsh. “For a moderately priced condo . . . there's a lot of
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Trade ruling, softer demand hit Whirlpool stock price

“People are ratcheting down their growth expectations for the housing channel,” David MacGregor of Longbow Research LLC told the newspaper.
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Allowing developers to provide loans may be negative in long term: PEPS chief

He said such a move would also seem to contradict Bank Negara's reason for not relaxing lending guidelines, which were introduced to address the
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The 9 best banks to work for on Wall Street have shifted in a big way

Vault.com has released its annual ranking of the best banks to work for, examining factors like culture, satisfaction, work/life balance, training,
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Basel Committee Is Cautioned to Hold the Line on Bank Capital Requirements

Top global regulators pledged anew to hold the line on bank capital requirements, another signal that changes to postcrisis capital rules may not be as
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95% LTV lending in decline

Lending at 95% loan-to-value is declining as a share of overall mortgage lending, the AmTrust Moneyfacts LTV tracker has revealed. In the first quarter
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MUSYOKA: Ground shifting under banks in wave of innovations

MUSYOKA: Ground shifting under banks in wave of innovations

With the requirement to seek approval for new fees as well as the voracious appetite for loans, lending in this country has been a no-brainer for years.
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why central bank power is waning

Our round-up of the week's best comment and analysis from the Financial Times is dominated by a growing scepticism over the power of central banks
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11 ways Orange County housing didn't wilt this summer

It doesn't look like Orange County housing wilted in the summertime heat. Late August market data show trends that seem to generally stick to the
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Two of Canada's big five banks backing away from marijuana industry

FILE – Two of Canada's biggest banks – Scotiabank and the Royal Bank of … Royal Bank (TSX:RY) also confirmed that it doesn't provide banking
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What you should know about mortgage

A mortgage is a lien on a property/house that secures a loan and is paid (interest and principal) in installments over an agreed period of time.
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Steelhead Partners adds TPG Specialty Lending Inc (TSLX) to its portfolio

TPG Specialty Lending Inc (TSLX) : Steelhead Partners added new position in TPG Specialty Lending Inc during the most recent quarter end.
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Kerala Government Ask Banks To Ensure Availability Of Cash In ATMs

Thiruvananthapuram: Kerala government has asked the State Level Bankers Committee to ensure availability of currency stock at respective ATMs in
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Brent Mortgage Bank introduces home ownership account for Diasporas

Brent Mortgage Bank has introduced 'Brent Home Ownership Diaspora Account' designed to facilitate home ownership for Nigerians in Diaspora.
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Mortgage approvals hit six-month low in July

The Reserve Bank of Australia has been gaining confidence that regulators' curbs on investment lending are reducing risk and preventing imbalances
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LIVE BLOG Last Updated 7.00am AEST BusinessNow: Live coverage of financial markets and …

Welcome to the BusinessNow blog for Monday, September 12. The local sharemarket looks set for a tough day after Wall Street's Friday sell-off.
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Castine Capital Management Lowers stake in Seacoast Banking Corporation of Florida (SBCF)

Castine Capital Management Lowers stake in Seacoast Banking Corporation of Florida (SBCF)

Seacoast Banking Corporation of Florida (SBCF) : Castine Capital Management reduced its stake in Seacoast Banking Corporation of Florida by
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Why This Financial Advisor Isn't Sold on Reverse Mortgages

Moisand compares the reverse mortgage product with the variable universal life product (VUL) that was popular in the early days of his career.
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Last Chance to Comment on HUD's Latest Reverse Mortgage Proposal

It's speak now or forever hold your peace for the reverse mortgage industry, which has only hours left to comment on the latest proposal from the
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GARDEN GATE REAL ESTATE – Ad from 2016-09-11

1, 2, 3 and 4 Bedroom Rentals Available Now! East Casper, South Casper, Paradise Valley From $ 550/mo. 307-247-1213 Current List of Homes
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StatsGuru: Real estate woes

Unfavourable court verdicts aren't the only worry for real estate firms. Despite property prices correcting in major cities, sales have been subdued as
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Letter: Many pet owners treated unfairly in housing market

The housing market is very competitive and it is easy to take advantage of people when they need a place to live. It worries me that we allow housing
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RealtyShares Receives $30 Million Line of Credit to Prefund Real Estate Offers

Real estate crowdfunding platform RealtyShares has received a $30 million line of credit to pre-fund real estate offers listed on their marketplace.
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What's ahead for mortgage rates in Canada? Watch the US Fed

Fixed-rate mortgages are a different story. They're guided by yields on government bonds, which reflect prevailing attitudes in financial markets about
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Fair banking on youth

As fairs across Ontario struggle to remain viable, decades old events like the Picton Fair are relying on a new crop of young agriculture enthusiasts to
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Nick Viall Not Banking On Finding Love As 'The Bachelor,' Plus An Update On His Contestants

Nick Viall once said he was a “joke” on The Bachelor franchise, but now the joke is on us. Viall, who has already bedded more franchise alums than
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MORTGAGE MONITOR

MORTGAGE MONITOR

MORTGAGE RATE MONITOR Single family home mortgage rates available locally. LENDER LYONS NATIONAL BANK Local Decisions – Local
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'Unique trends' seen in Dubai, Abu Dhabi property markets

According to the Riyadh Real Estate Market Overview for Q2, 2016, by property consultant Chestertons KSA, Riyadh's population has grown by 52%
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Federal Bank: On a transformation drive

A shift to high-yielding loans, mobilising low-cost deposits and increased lending to well-rated corporates are a result of the bank's strategic focus over
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Regional Manager

Banking – Business, Are you a modern leader with the ability to inspire your team to success whilst role modelling our values? Are you a Business
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Control prices of houses for the poor, govt told

SIBU: The government should control the cost of houses that are for sale to the poor and middle income group to avoid speculators and developers
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RISMedia Exclusive: Real Estate Experts Weigh In—What Advice Do You Have for Upstream CEO …

Upstream, the new real estate brokerage-driven effort to streamline listing and sales data and its online delivery, has garnered tremendous initial
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Veritable Lowers stake in M&T Bank Corporation (MTB)

M&T Bank Corporation (MTB) : Veritable reduced its stake in M&T Bank Corporation by 8.08% during the most recent quarter end. The investment
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Shadow Banking verses Global Hunger

VILE – The largest U.S. banks were penalized for their role in inflating a mortgage bubble that helped cause the 'global' financial crisis. They have
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Editorial: At $185 million in fines, Wells Fargo gets off easy

FILE – In this July 14, 2014, file photo, a man passes by a Wells Fargo bank office in Oakland, Calif. Regulators announced Thursday, Sept. 8, 2016
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Wong named Volunteer of the Year

Wong is a local home mortgage consultant who provides financing for a wide variety of home lending needs. Her office is located at 175 N. 27th St.
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SEC eases lending business

SEC eases lending business

In addition, the SEC's corporate governance and finance department, which is in charge of monitoring registered financing and lending companies,
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Big spend setting Scarborough apart

With $100 million being spent by the State Government's Metropolitan Redevelopment Authority to revitalise the suburb, real estate analyst
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Green Investment Bank bidders ready final offer

Two bidders will submit their final offers on Monday to buy the Green Investment Bank, with the British government hoping to raise £2bn. The rival
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High-end rentals offer temporary luxury, for a price

When his job was taking the owner of a six-bedroom, five-fireplace, gated Alpine home out of the country for a year or two, he didn't want to sell his
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3 Reasons You Should Buy Ares Capital

These pass through entities act as private equity funds, though mostly they focus on lending to small, or middle market companies that can't meet the
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Nationstar Mortgage Holdings Inc. (NYSE:NSM) Updated Price Targets

05/03/2016 – Nationstar Mortgage Holdings Inc. had its “mkt perform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 10
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Couples battle to be mortgage-free in House Rules

The average house price in New Zealand has recently topped $1 million for the first time, which means mortgages are skyrocketing too – having it paid
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KTB revamps retail loan portfolio for higher yields

“Personal loans are certainly high risk, so we should offer this kind of lending to people who we know well such as pay-roll customers,” he added.
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KKCCI welcomes Shareda's intent to apply for money-lending licence

KOTA KINABALU: The Kota Kinabalu Chinese Chamber of Commerce and Industry (KKCCCI) has welcomed Sabah Real Estate and Housing
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Private lenders outperform others

Local private banks saw their credit growth accelerate in comparison to state and foreign banks due to the race for making more profit than others.
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