Freddie Mac breaks 100bp on seniors off latest STACR deal

Freddie Mac breaks 100bp on seniors off latest STACR deal

Freddie Mac breaks 100bp on seniors off latest STACR deal. Freddie Mac priced its latest STACR deal at record tight levels, with paper at the top of
See Original Article

NAR: Renters still not ready to buy a home

Renters are losing confidence in housing as less say it's a good time to buy a home, according to the National Association of Realtors Housing
See Original Article

Hamilton residential housing market experiencing a lull within the boom

Despite a slight pull back in Hamilton city's median residential sale price, Lodge Real Estate's managing director Jeremy O'Rourke said continued
See Original Article

Deep Value Recovery In Mortgage Insurance: MGIC

MGIC Investment writes mortgage insurance, insuring around 20% of loan value, and thus, providing a “first hit” buffer to mortgage lenders. Most of the
See Original Article

Bank moves to set lending rates at zero limit BOJ's room for maneuver

Banks are considering setting a floor of zero on lending rates even if the BOJ decides to cut rates further. That could constrain the central bank in its
See Original Article

Real Estate Rental Assistant

MBD Properties LLC, a busy boutique Real Estate office specializing in East Village rentals with all exclusive listings, seeks a bright and responsible
See Original Article

Maybank finds it hard to trim lending rates as risk still high

Maybank finds it hard to trim lending rates as risk still high Maybank employees serve customers in a branch of the Malaysia-based lender.(Courtesy
See Original Article

Banking CEOs: Dodd-Frank regs still top issue faced by industry

FORT COLLINS — Bankers in Northern Colorado have a lot on their minds other than collecting deposits and making loans. Issues affecting their
See Original Article

Fitch: Property Developer Lending Could Stoke Risks in Malaysia

The scheme is likely to encourage unregulated lending to households with weak financial profiles, and could undermine the strength of the financial
See Original Article

MarketsOffshore renminbi lending rate still elevated ahead of holiday

The cost of offshore renminbi lending remains elevated ahead of of Friday's bank holiday in Hong Kong. The Hong Kong interbank borrowing rate for
See Original Article

The biggest real estate development in US history will have a puzzling centerpiece

The biggest real estate development in US history will have a puzzling centerpiece

Hudson Yards, the biggest private real estate project in American history, is currently under construction on the far west side of midtown Manhattan.
See Original Article

Information Security Senior (Info Sec Operations)

We demonstrate Freddie Mac's Information Technology (OT) department's vision and alignment to the business objectives and strategy, present IT's
See Original Article

Federal minister talks housing policy on trip to Vancouver

A challenge, however, is the data available on housing markets such as Vancouver, Duclos said. He described it as “unsatisfactory” and has asked the
See Original Article

Business Banking

Banking – Business, An exciting opportunity for a Business Banker to expand their lending authority up to $10M | High performing top 4 bank
See Original Article

6 Ways to Avoid a Reverse Mortgage Scam

Most people work hard to get to retirement age and enjoy the perks that come along with it, including not paying a mortgage. But imagine reaching that
See Original Article

Liberals and NDP push feds for greater mortgage oversight on BC homes

With the City of Vancouver announcing a vacant home tax and the B.C. government imposing a foreign buyers tax, could the federal government be
See Original Article

Open Mortgage Hires Kevin McKnight as VP of Sales

Open Mortgage has named Kevin McKnight as vice president of sales, where he will work to drive growth and profitability in the Open Mortgage core
See Original Article

CUA lifts profit via banking, health

Chief executive Rob Goudswaard said CUA's banking and health insurance businesses performed strongly with profits rising, and 8,618 new health
See Original Article

82-year-old Fresno real estate agent is not slowing down with age

For 37 years she's been a real estate agent helping Fresno families find places to make their own. In fact, she just helped a first time home buyer move
See Original Article

No income? No problem! Irregular B.C. mortgage lending under scrutiny

NDP MLA David Eby is calling on provincial regulators to take a closer look at credit unions following revelations that several large Canadian banks
See Original Article

Unmarried Couples Get a Big Tax Break From the IRS

Unmarried Couples Get a Big Tax Break From the IRS

Commissioner, the US Court of Appeals for the 9th Circuit ruled that the home mortgage interest limitation applies per each taxpayer, not per
See Original Article

Banking crisis in Portugal: Part 2

Italian banks having 17% of bad credits are not alone in Europe. For anyone who understands reasons behind problems in the European banking
See Original Article

Seattle housing market white hot with Chinese demand as Vancouver's market freezes

Realtors say Chinese buyers have switched to Seattle, turning its housing market white hot, because of the uncertainties around new government
See Original Article

Multiple banking putting Myagdi BFIs at risk

MYAGDI, Sept 15: Banking industry in Myagdi is confronting the problem of multiple banking, thanks to unhealthy competition among bank and
See Original Article

Seesaw Effect in Mortgage Application Data

Depending how you looked at it, there was good news and not-good news to be found in the Mortgage Bankers Association's Weekly Mortgage
See Original Article

Israel's Banking Supervisor: Banks Can Boost Dividends, Credit to Big Firms in 2017

Hedva Ber notes that the banking system became more stable and more … The country's banks will be able to increase dividends and boost credit to
See Original Article

Legal 500 2016: Banking and finance

It advised a syndicate of banks on a facility to Euro Garages to refinance its existing debt and acquire 172 petrol stations from Esso and Shell.
See Original Article

Investor lending ticks up in July

“This is the third month in a row where investor borrowing diverged from owner-occupier lending, suggesting to us that investors are driving the recent
See Original Article

Ally Financial moves beyond auto loans

Notably, Ally also expects to originate mortgages in the fourth quarter, Halmy said. Mortgages are a touchy subject because subprime mortgages
See Original Article

Mortgage Advisor

Our client, a leading financial services institution are looking to hire motivated and ambitious candidates to join their existing mortgage team. This is an
See Original Article

Wells Fargo Is No Longer the Most Valuable Bank in the World

Wells Fargo Is No Longer the Most Valuable Bank in the World

Wells Fargo's WFC -0.98% fake accounts and fees scandal has toppled it from its perch as the world's largest bank by market capitalization.
See Original Article

2 Promising Bank IPOs, but One Is a Better Investment Than the Other

Bank IPOs have had a strong year in an otherwise lackluster IPO market. On Friday, the latest IPOs in the sector, Bank of N.T. Butterfield (NTB) and FB
See Original Article

Dean White, Billionaire Real Estate And Advertising Kingpin, Dies At 93

Early Tuesday morning, Dean White, billionaire real estate and advertising magnate, died at age 93. At the time of his death he was among the fifteen
See Original Article

Credit Boom: Home Mortgages Spike in China

Bloomberg's David Ingles reports on China's August credit boom. He speaks with Bloomberg's Yvonne Man and Ramy Inocencio on “Daybreak Asia.
See Original Article

Middle Market Banking (MMB) Commercial Credit Analyst – New Orleans at Capital One

Learn more about applying for Middle Market Banking (MMB) Commercial Credit Analyst – New Orleans at Capital One – US.
See Original Article

Scotiabank defends lending practices

TORONTO — Scotiabank is defending its income verification practices in light of a report that says Canadian banks allow foreign borrowers to qualify
See Original Article

CashCall ruling poses threat to marketplace lending

CashCall ruling poses threat to marketplace lending. An August ruling by the US District Court for the Central District of California against CashCall
See Original Article

Vancouver's vacancy tax will rely on owners to declare if homes are empty

In Vancouver, always one of Canada's most expensive cities, house prices and rental rates have soared in the past couple of years in way that has
See Original Article

Realogics Sotheby's International Realty Announces Exclusive Real Estate Portal on GeekWire …

The dynamic platform will showcase properties, highlight market trends and feature real estate sponsors. A real time voting tool puts consumers in the
See Original Article

Orrick Launches Legal Portal for Direct Lending

Direct lending is among the fastest-growing alternative asset strategies as institutional investors flock to the asset class as a potential source of
See Original Article

July housing decline makes an about-face in August

July housing decline makes an about-face in August

“Twenty-four months after lighting struck, the housing market is still vibrant in Houston,” he said, referring to the period of time when oil prices began to
See Original Article

Delaware company inks pact with banking startup

The Bancorp Inc., a Wilmington-based financial services company, will be the exclusive payments provider to Varo Money Inc., a mobile-only banking
See Original Article

Pasco County real estate transactions for Sept. 16, 2016

5311 Celcus Dr., to Dhana L. Vemuri by Condogeorge George Estate Of & Lois M. Personal Representative Rosenblatt, $68,000, 8/8/2016.
See Original Article

Author, speaking in Providence, says housing crisis much worse than a decade ago

PROVIDENCE — The cost of housing is “absolutely crushing” many of the nation's low-income families, who could be affordably housed if resources
See Original Article

Canadian housing prices up 1.5% in August

Canada's home prices rose 1.5 per cent in August, marking the third-largest gain for that month since the Teranet composite index launched in 1999.
See Original Article

Muslim charity boycotts big bank

“In my opinion the Commonwealth Bank have decided to close all our accounts because this is a Muslim charity working for the Muslim community,”
See Original Article

Donald H. Ready, Baltimore area real estate professional, dies

Donald H. Ready, founder of a commercial real estate and development firm, died Sept. 5 of heart failure at Levindale Hebrew Geriatric Center
See Original Article

NIRSAL praised for improving agric lending

The Nigerian Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) has been commended for enabling significant increase in lending to
See Original Article

New York unveils sweeping cybersecurity regulations

In fact, HousingWire magazine's issue from April was dedicated to the rising problem of cyber security. According to the NYDFS, New York's rules were
See Original Article

NZ economy grows 0.9% in June quarter as building, housing market stoke activity

New Zealand's economy grew at a slower-than-expected pace in the June quarter, partly reflecting an upward revision in the first quarter as the
See Original Article

Houston Housing Continues to Feel Oil's Pain…… Home Sales & Price Set Record

Houston Housing Continues to Feel Oil's Pain…… Home Sales & Price Set Record

Wondering when we can put to bed the “oil price collapse will kill housing in Houston meme”? Oil started falling in earnest in June of 2014 and here
See Original Article

Houston home sales bounce back in August, prices hit new records

Houston's housing market continued its see-sawing sales in August, bouncing back from a down month in July, the Houston Association of Realtors
See Original Article

Lending Club will Pay New CFO Signing Bonus & $4.5M Stock Grant

thomas-casey Lending Club (NYSE:LC), the leading marketplace lending platform in the US, just announced the hiring of its new CFO, Thomas Casey
See Original Article

FGMC further beefs up correspondent lending with new hire

At a time when many companies are exiting correspondent lending, First Guaranty Mortgage Corporation, which provides mortgage lending services,
See Original Article

Building a Disclosure Box for the Digital Age

Today, Fundera is making further progress on its mission to bring transparency to small business lending with the release of the first-ever standardized
See Original Article

Compass Point: Buy Ocwen now, company is ready to grow

As HousingWire wrote recently, things are looking up, just a bit, for Ocwen Financial. … Ben Lane is the Senior Financial Reporter for HousingWire.
See Original Article

One million Canadians at risk of payment shock if interest rates rise

Getty Images – Canadians who hold mortgages are at the greatest risk of being hit hard by an increase in interest rates.
See Original Article

'Economics of Money and Banking' Returns

Professor Perry Mehrling's “Economics of Money and Banking” proved to be an immediate success during its first run in the fall of 2013, attracting
See Original Article

Zillow VP of mortgages joins Washington Federal board of directors

Erin Lantz, the vice president and general manager of mortgages for the Zillow Group, will be joining the board of directors of Washington Federal, the
See Original Article

Breaking mortage could be costly – Banking Ombudsman

The Banking Ombudsman is urging people to check the fine print before they sign up for any contracts, including a new fixed rate mortgage.
See Original Article

Toronto Home Prices Keep Soaring As Vancouver Simmers Down

Toronto Home Prices Keep Soaring As Vancouver Simmers Down

That's according to the Teranet-National Bank National Composite House Price Index, which found that prices in Canada's biggest city shot up 2.8 per
See Original Article

Banking's Mr. Clean Stares Down Account Scandal

Federal prosecutors are investigating Wells Fargo in connection with the bank's sales practices after it agreed to pay $185 million in fines for opening
See Original Article

Shadow banking increases the risk of another global financial crisis

This is similar to the notorious collateralised debt obligations, packages made up of thousands of mortgage loans some of which were sub-prime,
See Original Article

Have Faith in Mortgage REITs

It's been over a year since I last specifically addressed the mortgage real estate investment trusts (mREITs), and since the pop in long-end U.S.
See Original Article

FCS coach: 'I'd mortgage my house' betting on Washington for national title

I'd mortgage my house and put it on the Huskies.” Strong words, especially coming from a coach whose team beat a Pac-12 team from Washington a
See Original Article

Invesco Mortgage Capital Inc. Announces Quarterly Common and Preferred Stock Dividends

Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and commercial mortgage-backed
See Original Article

Clean With Your 2017 Scorecard Read Guide Bulletin 2016-17

In today's Single-Family Seller/Servicer Guide (Guide) Bulletin 2016-17, we're announcing the new and improved 2017 Freddie Mac Servicer Success
See Original Article

Scotiabank defends practices to verify incomes before granting mortgages

The bank still verifies the source of the money being used to fund the purchase and that the borrower is able to service the mortgage, she said.
See Original Article

The Frederick Group partners with Pittsburgh-based Howard Hanna Real Estate

The Frederick Group of South Whitehall Township and Pittsburgh-based Howard Hanna Real Estate Services have partnered through Howard
See Original Article

Debit Card Scam Alert

As a reminder, Banner Bank will never ask for personal or account … Security numbers, account numbers, PINs, or Online Banking login information.
See Original Article

CIMA appoints temporary banking boss

CIMA appoints temporary banking boss

Glidden has held the deputy post since March 2014 but will now take over the oversight of international and commercial banks and trusts, the
See Original Article

Acquire Real Estate Completes Fully Automated Secondary Market Exchange

Acquire Real Estate, a commercial real estate crowdfunding platform, announced on Wednesday it completed its fully automated secondary market
See Original Article

Vancouver to tax vacant homes in bid to cool housing market

The measure is intended to push absent homeowners to rent out their properties, easing the unaffordability crisis that is plaguing the city's housing
See Original Article

Money-Laundering Standards Are Falling Behind Among Real Estate Companies: Fintrac

TORONTO — Canada's anti-money laundering agency conducted on-site examinations of more than 800 real estate companies over four-and-a-half
See Original Article

Prudential Bets on Mortgages, Cites Capacity for Risk in Japan

Investment-grade private placements and commercial mortgages account for 23 percent of purchases in the Japan fixed-income portfolio this year.
See Original Article

PennyMac Announces Opening of New Consumer Direct Lending Call Center in Issaquah, WA

WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the opening of a new call center
See Original Article

Finovate: innovation, collaboration and ten-year anniversary

Finovate – now ten years old (or young) – has celebrated its anniversary with over 1,600 attendees at its New York show. Banking Technology was a
See Original Article

Real Estate Tech Startup Launches, Crashes Servers, and Sells Out DFW in Hours

14, 2016 /PRNewswire/ — Houses for Sale LLC., a Plano Texas Based Company, is a real estate data provider that is hyper-localizing Houses for Sale
See Original Article

FCS coach: I'd mortgage house, bet on Washington to win College Football Playoff

Yes, that's right, he'd mortgage his house and put it all on the Huskies to win the College Football Playoff. Now, while Barnum isn't aware of the odds,
See Original Article

Thursday's business agenda

Last week, Freddie Mac reported the average 30-year, fixed-rate mortgage dropped to 3.44 percent from 3.46 percent the week before. DISCUSSION.
See Original Article

Currency Comptroller: New Plan Regulating Marketplace Lending

Currency Comptroller: New Plan Regulating Marketplace Lending

Curry said officials are studying whether marketplace lending and other related innovations, including digital currencies, raise certain risks and comply
See Original Article

Lending 'Creedence' to the 'Proud Mary'

If you'd been in Las Vegas the last few days, you could have caught John Fogerty at The Venetian Theatre. Don't worry; you can still catch him; he's
See Original Article

Switching banks: nearly half of all Australians would consider move over climate change

Forty-eight per cent of respondents said they would be more likely to switch banks if they learned their bank was lending to projects that harmed the
See Original Article

Introducing the Newly Designed “Mona” Cards!

OneUnited Bank is honored to introduce our new “Mona” Visa Debit and ATM cards! The response to “Mona”, the face of the #BankBlack Challenge,
See Original Article

BRIEF-Amundi, Credit Agricole merge real estate management activities

… * Based on a valuation of 29.3 million for CAII and a valuation of 43 for the Amundi share (representing the average share price in August), 680,232
See Original Article

Foreign buyers expected to boost Toronto home market as Vancouver cools: Sotheby's

Toronto is expected to lead the country in sales of homes worth more than $1 million as the market in Vancouver cools off, Sotheby's International
See Original Article

Housing market holding steady in August

The local housing market is staying steady, according to numbers released by the Fort McMurray REALTORS® for August. Sales stayed consistent
See Original Article

Mortgage Market Up 17 Percent in August

Bankers like Scott Stafford are watching for the Federal Reserve to raise interest rates soon and, at least for the moment, expect the usual mortgage
See Original Article

Lighting the Way to a Better Transaction: Title Resources Shines Bright for Real Estate Pros and …

Scott McCall: The company was originally formed in 1984 as Title Resources Guaranty Co. by a local underwriter in Texas. In 2006, Title Resources
See Original Article

Real Estate Agent Success is All About Good Reviews, Says 55places.com

The most substantial takeaway for real estate agents looking to improve their business is focused on reviews. In the age of Yelp, more and more
See Original Article

New lender sets up office in Walla Walla

New lender sets up office in Walla Walla

A nonprofit lending outfit with a more than 20-year history of loans to businesses and people that don't qualify for traditional bank financing has
See Original Article

New American Funding Names Frank Fuentes National VP of Multicultural Lending

New American Funding has announced the appointment of Frank Fuentes as national vice president of Multicultural Lending. Fuentes will help lead
See Original Article

Bove: Wells Fargo will make retail banks 'rethink' how pay works

Wells Fargo is making major changes to how it manages retail staff, and one prominent banking sector analyst says other big Wall Street banks may
See Original Article

Mortgage Bankers Lift Q4 Refinance Forecast

Mortgage bankers have increased their forecast for refinances during the … Including refinancing and purchase financing, home-lending volume is
See Original Article

Gramercy, TPG Real Estate form $1B net lease office partnership

The portfolio was sold into the newly formed $400 million equity partnership with capital partner TPG Real Estate in which Gramercy will retain a 25
See Original Article

Questor: Build yourself a position in undervalued Galliford Try

This diversification is crucial because it means Galliford is not as vulnerable to the vagaries of the residential property market as some of its peers.
See Original Article

Dale Sorensen Real Estate Brevard Welcomes Donna Browning and Team

Broker Donna Browning and her very successful team of real estate … For the latest Real Estate trends and news feel free to visit DSRE online at
See Original Article

4/54 Maroondah Highway Croydon Vic 3136

Monastery Ridge Townhouse Convenience. 3 bedrooms Townhouse for Sale. Price guide over $595000. 4/54 Maroondah Highway Croydon Vic
See Original Article

Wells Fargo keeps mortgage lending comp intact

Wells Fargo recently made headlines as it received a fines and penalties totaling $185 million for illegally opening dummy accounts for consumers.
See Original Article

FCA consults on separate equity release qualification

The FCA said that any alternative would continue to have substantial mortgage content, as the vast majority of the equity release market is
See Original Article