Italy: Top ex-bankers indicted over derivatives scandal

Italy: Top ex-bankers indicted over derivatives scandal

The trial comes at a particularly tricky time for the oldest bank in the world – BMPS was founded in 1472 – as it is in the process of offloading 9.2 billion
See Original Article

Madison's hot seller's market driving competition between buyers, investors

Madison's housing market is enjoying one of the hottest booms in its history causing home values and rental prices to rise, driving fierce competition
See Original Article

Cities bid to cool property market

The new measures also require first-time home buyers in downtown locations to pay at least 30 percent of the purchase price as a down payment.
See Original Article

GARDEN GATE REAL ESTATE – Ad from 2016-10-02

HOMES FOR SALE Pinetree Condo • 2 bd $120,000 1508 S. Cedar St • 4 bd $229,000 1860 Bonnie Brae • 3 car garage $189,900 307-247-1213
See Original Article

Realtor.com® Forecasts Hottest Fall Housing Market in 10 Years

On the heels of a summer home-buying season marked by record demand and sky-high prices, the residential real estate market is shaping up for its
See Original Article

LGBT Real Estate Professionals Meet for Third Annual Conference amid Mixed Climate of …

… CEO of HSF Affiliates; Sherry Chris, CEO of Better Homes and Gardens Real Estate; Sean Becketti, chief economist for Freddie Mac; Anne Green,
See Original Article

English US-bound to plead credit rating case

In August, Standard & Poor's global ratings warned the country's rising house prices were increasing economic risks for financial institutions, and any
See Original Article

Nobel Laureate Advocates Reverse Mortgages

Robert Merton is a distinguished professor of economics at M.I.T. who won the Nobel Prize in 1997. He also looks to reverse mortgages as a good way
See Original Article

NAR Study Takes Pulse of Real Estate Firms

For instance, the vast majority of real estate firms have an optimistic outlook for the future of the industry's profitability and growth, and 43 percent of
See Original Article

Deutsche Bank reflects shattered ambition and Schadenfreude

Deutsche Bank's slab-like 1980s twin towers in Frankfurt, once an emblem of German power, have become a symbol of shattered ambition.
See Original Article

Labor plans to use fresh whistleblower testimonies to pressure bank bosses

Commonwealth Bank of Australia chief executive Ian Narev and his peers face a three-day grilling from MPs on a new parliamentary committee.
See Original Article

Bank closes accounts of Palestine advocacy group

The Ireland Palestine Solidarity Campaign said it feels vulnerable following a decision by Bank of Ireland to close its bank accounts in the Republic
See Original Article

Anworth Mortgage Asset Corporation (NYSE:ANH) Updated Broker Ratings

11/04/2015 – Anworth Mortgage Asset Corporation had its “hold” rating … The share price of Anworth Mortgage Asset Corporation (NYSE:ANH) was
See Original Article

Cambridge Centre for Alternative Finance Holds Standout Inaugural Conference

The UK has been a notable center of Fintech innovation, starting first in the peer-to-peer lending /crowdfunding sectors and since branching out into a
See Original Article

Small Banks Go All In on Consumer Lending — But Still Feel Squeezed

Community bankers are showing renewed interest in consumer lending but admit they may be losing ground to more tech-savvy players, according to
See Original Article

BB&T announces settlement resolving FHA-insured mortgage issues

BB&T remains committed to providing a high-quality mortgage experience along with exceptional service to help our clients achieve economic
See Original Article

Women in Banking: Power, Empathy, and Courage

BNY Mellon's Karen Peetz was named the Most Powerful Woman in Banking this year, while KeyCorp's Beth Mooney has graduated to Hall of Fame
See Original Article

EXCLUSIVE: Marquis Bank CFO shares lessons learned from 43 years in banking

Friday will be Bernardo Argudin's last day as CFO of Coral Gables-based Marquis Bank, and the 43-year banking veteran is looking forward to his
See Original Article

Morty: The Startup Trying to Streamline Your Mortgage Application

Similar to Quicken Loans' online broker service, Rocket Mortgage, which touts the idea of pushing a button and getting a pre-approval, Morty gathers
See Original Article

Franklin County treasurer: Real estate taxes due Wednesday

Franklin County Treasurer John Gulley is reminding residents that second installments of this year's real estate taxes are due Wednesday, Oct. 5,
See Original Article

China determined to lower debt levels

China determined to lower debt levels

Wang Shengbang of the China Banking Regulatory Commission admits China is concerned about debt levels. Beijing Financial Assets Exchange.
See Original Article

Tampa real estate firm targets national expansion

He has since tripled the number of employees in the Miami and Broward offices combined, and overseen the closing of millions of dollars in real estate
See Original Article

Endorsement Gap Widens for Reverse Mortgage Volume in 2016

The gap continues to widen between reverse mortgage volume in 2016 compared to recent years as Home Equity Conversion Mortgage (HECM)
See Original Article

Television portrayals are skewed

It is easy to believe that reality shows capture unscripted, real-life events in order to educate a majority of people about the lifestyles of others, but as
See Original Article

Bank lending up 17.3%

Outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the BSP, grew by 17.3 percent in August from 17.7 percent
See Original Article

Deutsche Bank turmoil raises questions of Australian regulators

Although it is unlikely to precipitate a broader crisis, the turmoil affecting Deutsche Bank — the biggest bank in Europe's largest economy — highlights
See Original Article

Deutsche Bank and the memories of Lehman Brothers

Deutsche bank's ghastly slide in the stock market (down 54 per cent in 2016, down 90 per cent since the 2007 peak) after global hedge funds pulled
See Original Article

UAE Central Bank brings interbank market lending rates into focus

The UAE Central Bank has completed a study to bring more clarity and transparency to interbank market lending rates, Wam, the official news agency
See Original Article

Real estate briefs: Lee Builders Care celebrates 10 years

Lee BIA Builders Care, the nonprofit arm of the Lee Building Industry Association, is celebrating 10 years of providing emergency construction services
See Original Article

Property Market Comment with Richard Kemp, Negotiator, Bennet Jones

The Council of Mortgage Lenders reported a 14 per cent fall in the number of loans from June to July this year but added it was still too early to assess
See Original Article

Stocks: Dow dives 196 on Deutsche Bank doubts

Stocks ended sharply lower Thursday after reports surfaced that some hedge funds were cutting their exposure to Germany's Deutsche Bank, a move
See Original Article

The best place to get a mortgage in New Mexico

It probably doesn't surprise you that this county is the best place to get a mortgage in the state. It's been named the richest town in the state, with a
See Original Article

The new sick man of Europe is the continent's entire banking sector

Only two of the 51 banks analysed in Europe's stress tests showed return on equity above the cost of capital. There wasn't a single bank that added
See Original Article

ARC Group Worldwide Announces New Senior Credit Facility

Citizens Financial Group, Inc. is one of the nation's oldest and largest … Citizens also provides wealth management, mortgage lending, auto lending,
See Original Article

Can I Get a 40-Year Mortgage? You Bet, but It's Not All Good News

Paying for a home is hard—even if you have a mortgage and stretch those payments out over 15 or 30 years. All of which may have you wondering:
See Original Article

'Housing party' in the US may be coming to an end

What might make buyers apprehensive in a housing market that has been driven by extremely low mortgage rates? We could easily point the finger to
See Original Article

London mayor launches inquiry into foreign ownership of property market

“It's clear we need to better understand the different roles that overseas money plays in London's housing market, the scale of what's going on, and
See Original Article

PrimeWest Mortgage Investment Corporation announces it has received a $1000000 advance …

The short term financing addresses short term cash flow issues, and will … PrimeWest was incorporated as a Mortgage Investment Corporation in
See Original Article

Mortgage rates tumble

Mortgage rates fell to a 10-week low in the wake of the Federal Reserve's decision to leave short-term rates unchanged, Freddie Mac reported.
See Original Article

News From NAMB: September 29, 2016

News From NAMB is sponsored exclusively by United Wholesale Mortgage … Other wholesale lenders have expressed an interest in being partners
See Original Article

Chance for banks to show their value

Chance for banks to show their value

Unprecedented low or even negative interest rates, the troubles at Deutsche Bank, arrests in a new Italian banking scandal and, as we report today,
See Original Article

4 comments

I get you might not want to wear shorts in a chem lab, but I can't think of a single reagent that you wouldn't want on your skin that is also going to be
See Original Article

Survey Shows 40 Percent Confused by Title Fee Calculation on Closing Disclosure

Over 40 percent of American homebuyers feel taken advantage of or are confused by the calculation of title insurance fees on the Consumer Financial
See Original Article

How stamp duty changes are distorting London's property market

But it is worth wondering if, when George Osborne introduced his changes, he had actually thought through the effect of the new rates on the make-up
See Original Article

In Memoriam: Tysons Developer Charles B. Ewing

Charles B. Ewing developed over 6 million square feet of commercial/retail, and residential space including Freddie Mac campus in Tysons.
See Original Article

Low down payment mortgages can compete in today's market

Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today's
See Original Article

Englewood Bank expands commercial lending to Pinellas

Debra Shields recently joined Englewood Bank & Trust as a vice president, commercial lender for St. Petersburg, Clearwater and the surrounding
See Original Article

Correspondence Specialist – Large Mortgage Servicing Co.

Correspondence Specialist – Anaheim Hills, CA 92868 Large Mortgage Servicing Company is looking for dynamic professionals that are
See Original Article

BB&T agrees to settle mortgage lending allegations for $83 million

BB&T Corp. (NYSE: BB&T) has agreed pay $83 million to settle allegations that it originated and underwrote mortgage loans backed by the Federal
See Original Article

Here's How the Wells Fargo Scandal Might Change Banking

Here's How the Wells Fargo Scandal Might Change Banking. September 29, 2016, 2:03 PM EDT. E-mail; Tweet; Facebook; Linkedin. Share icons
See Original Article

NYC real estate causes Trump's wealth to drop by $800 million; finally, a self-cleaning toilet

NYC real estate causes Trump's wealth to drop by $800 million; finally, … to a softening of New York City's retail and commercial real estate market.
See Original Article

Europe must address its banks' enduring malaise

This week, with concerns intensifying over the financial strength of the German banking sector, the dinosaur earned a mention from Andreas Dombret,
See Original Article

BN By The Numbers looks at housing market

NORMAL – The housing market's effect on the national and local economy was the focus of B-N By The Numbers Thursday afternoon inside Illinois
See Original Article

Industry Innovation Lunch: Perspectives on Small Business Lending

The session is designed to provide insights on small business outlook and sentiment, while also helping attendees better understand how small
See Original Article

Rogers family moves into real estate with 10-condo Mississauga project

Mississauga's growing downtown core is about to get a lot busier. This week, Rogers Real Estate Development Ltd.—a private company owned by the
See Original Article

Bank Of China Sounds Alarms Over Nation's Housing Bubble [VIDEO]

In many Chinese cities, residential real estate prices are skyrocketing. Sixty-four out of 70 Chinese cities have experienced year-on-year increases in
See Original Article

BB&T agrees to pay $83 million to settle mortgage lending complaints

The bank was accused of “knowingly originating and underwriting mortgage loans insured” by the FHA “that did not meet applicable requirements,”
See Original Article

Fannie Mae Launches Trended Credit Approvals

Your mortgage is no different, which is why Fannie Mae has begun … you may be considered less of a risk for mortgage financing than someone who
See Original Article

HAR's YPN '20 Under 40 Rising Stars in Real Estate Awards' recognize excellence in sales …

Awards will go to 20 Houston-area real estate professionals 40 years old or younger who demonstrated excellence during the past year in the areas of
See Original Article

Central Valley leading California's housing growth

The trend is expected to continue next year with the Valley to see a moderate increase in home sales and prices outperforming coastal cities where
See Original Article

China Focus: Unified real estate registration reform accelerated

China Focus: Unified real estate registration reform accelerated

ZHENGZHOU, Oct. 2 (Xinhua) — After drawing strong complaints about inefficiency, real estate registration authorities in Zhengzhou, capital of Henan
See Original Article

Interest rates up or down?

Housing markets across the country have boomed, development has lead to construction, and home sales have risen. It's been a good run for those
See Original Article

Bank bosses face grilling on rates cuts

BANK bosses will be accused of being anti-competitive and of shafting customers during a grilling Liberal Party backbenchers will use to demand new
See Original Article

New Reserve Bank boss Philip Lowe tipped to keep rates on hold

Dr Lowe does not believe the bank's two rate cuts this year have fired a new surge in the already overheated Sydney and Melbourne housing markets,
See Original Article

Top 10 Real Estate Listings: Diverse Townhouses and Two-Bedrooms Under $1 Million

Diverse listings across Brooklyn and two-bedroom apartments running under $1 million got the attention of Brownstoner readers this week. Our most
See Original Article

How Banking Is Like Going To Disney World

Andrew Vebber got into banking on a break from college and picked up a job doing phone collections for a bank in Milwaukee. He did pretty well at
See Original Article

More Mortgages in 2015 Despite Fewer Lenders: HDMA Data

The number of new mortgages issued in 2015 rose 22% — reversing a more than 30% decline in mortgage originations the previous year — even as
See Original Article

More Mortgages in 2015 Despite Fewer Lenders: HMDA Data

The number of new mortgages issued in 2015 rose 22% — reversing a more than 30% decline in mortgage originations the previous year — even as
See Original Article

“Genius” Money Idea Helps People Outside Big Banking's Inner Circle

The lending circle concept is simple. For example, 10 friends get together on a monthly basis, each paying $10 into a pot, and every month one of the
See Original Article

3 Notable Runners: The PNC Financial Services Group, Inc. (PNC), Parsley Energy, Inc. (PE …

Its Residential Mortgage Banking segment offers first lien residential mortgage loans. The company's BlackRock segment provides investment and risk
See Original Article

Oregonians Credit Union names mortgage lending manager

MILWAUKIE, OR (September 29, 2016) — Diann Owen has been named Mortgage Lending Manager of Oregonians Credit Union. Owen will lead the
See Original Article

R.I. Real Estate Notes: Little Compton house sells for $1.8 million

Rebecca Rubin of RPL's Providence office represented the seller, while the buyer was represented by Lila Delman Real Estate International.
See Original Article

Commerzbank Next Domino in German Banking Collapse

Commerzbank Next Domino in German Banking Collapse – Visitors arrive at Commerzbank's headquarters before the bank's annual news conference
See Original Article

BB&T agrees $83 million settlement of FHA-insured mortgage issues

2:23 P.M. ET CFTC settles charges with Jon Ruggles for fraudulent and fictitious trades in oil and heating oil futures; 2:22 P.M. ET CFTC orders former
See Original Article

BRIEF-BB&T announces settlement resolving FHA-Insured mortgage issues

MOSCOW/BERLIN, Sept 29 Chancellor Angela Merkel urged Russian President Vladimir Putin on Thursday to stabilise a fragile ceasefire in Ukraine
See Original Article

Real estate firm discusses Oasis after removing news release from blog

The downtown Huntsville real estate firm published a news release on its official blog Tuesday announcing its involvement in The Oasis, a proposed
See Original Article

Deutsche Bank Shares Keep Plunging And Spooking Financial Markets

With a storm consisting of big short sellers, nervous hedge funds and U.S. federal prosecutors brewing, Deutsche Bank shares plunged in New York
See Original Article

3 Notable Runners: QVC (QVCA), Tenet Healthcare (THC), Two Harbors Investment (TWO)

The company's target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage
See Original Article

Freddie Mac: Low Rates Create Strong Housing Markets

Mortgage rates continue to remain at historic lows, but Freddie Mac is insisting that this situation is helping to stabilize the housing market.
See Original Article

upgrade your lifestyle with a jumbo mortgage

If you're in the market for a luxury or high-cost home, CrossCountry Mortgage, Inc. in Walnut Creek can help you get the financing you need for the
See Original Article

Market perspectives from SFAR

Market perspectives from SFAR

… Realtors hosts quarterly meetings for qualifying brokers (QBs), experienced brokers who may lead large, medium or one-person real estate offices.
See Original Article

Berks County real estate transactions for October 2

Editor's note: Some of the transactions do not include a transfer price because no money was exchanged for the property. All deeds are recorded in
See Original Article

Working Title hits box office milestone

Working Title Films, maker of movies ranging from Four Weddings and a Funeral to Fargo, has become the first UK production company to generate
See Original Article

Politicians may get what they wish for: falling bank profits

Institutional investors say politicians arguing that bank profits are too high will get their wish. Slow loan growth, intensifying competition and a push
See Original Article

Bear Real Estate affiliate buys Pewaukee office building

An affiliate of Kenosha-based Bear Real Estate Group purchased a Pewaukee office building for $6.2 million, according to state records. Mills Hotel
See Original Article

UK housebuilders feel mortgage approval pain

The builders retreated in response to Bank of England data showing mortgage approvals at the lowest level in nearly two years, down 16 per cent
See Original Article

Market Conditions Primed for Origination Spike

Freddie Mac's latest Primary Mortgage Market Survey for the week ending September 29, 2016, reported that the average 30-year fixed-rate mortgage
See Original Article

Meeting the challenges of the new normal of Banking, with the trends for the new normal of IT

There are a number of key challenges that are facing the financial services industry, which present companies in this sector with a 'burning platform'
See Original Article

Kate Tracy Hired as VP, Commercial Lender

Tracy said, “I blend my experience in commercial real estate, small business, and commercial lending to create strong advisory relationships with my
See Original Article

Real estate agents: Here's how to use Snapchat to get higher engagement

For real estate agents who want to drive sales through higher social media engagement, Jason Frazier, chief information officer for Mason-McDuffie
See Original Article

Fantasy Football QBs Week 4, Are Ryan Tannehill or Andy Dalton Worth Bye Week Start?

Miami Dolphins starting QB Ryan Tannehill and Cincinnati Bengals starting QB Andy Dalton face off tonight on Thursday Night Football, are either of the two quarterbacks worth a start in fantasy football play…
See Original Article

Lending Club fund posts first ever monthly loss in August as insiders cash in company stock

A portfolio of consumer loans originated and managed by beleaguered US marketplace lending platform Lending Club has seen its first ever negative
See Original Article

Naroff: GDP revised up; housing sales down

The housing market is just not gaining any momentum. The National Association of Realtors reported that pending home sales eased in August, the
See Original Article

Real Estate Executive Magazine Names Jennifer Zales As One Of "100 Most Influential Real Estate …

One of the most recognized real estate publications in the country, Real Estate Executive Magazine awards Jennifer Zales with the “100 Most
See Original Article

Modest Southland housing market increase forecast for 2017

Following a dip in home sales in 2016, California's housing market will post only a nominal increase in 2017 amid supply shortages and affordability
See Original Article

Best Practices for Trust Funding

Before transferring real property to a revocable trust, review title insurance policies to make sure your client will still be covered. By Brandon L. Spivack
See Original Article

China's Real Estate Indicators and the Impact on Iron Ore Miners

China's real estate climate index is useful for revealing trends in the Chinese real estate industry. Readings above 100 indicate economic growth, and
See Original Article

What would you say about real estate if you had nothing to lose?

What would you say about real estate if you had nothing to lose? Real estate consultants challenge MLSs to change. Published now. Andrea V.
See Original Article

Property-tax Hikes Taking Toll on Luxury Real Estate in Israel

The market for luxury homes in Israel traditionally stands apart from the rest of residential real estate, but a survey by TheMarker shows that Finance
See Original Article

Deadline soon: Residential real estate, multifamily developers, minority-owned businesses …

The remaining Lists for the year cover industries from health care to education, real estate to finances. Lists are ranked by assets, enrollment, beds,
See Original Article

'Biggest bubble in HISTORY' Chinese billionaire warns of CATASTROPHIC market collapse

'Biggest bubble in HISTORY' Chinese billionaire warns of CATASTROPHIC market collapse

He believes China's problem is the stark difference between booming cities like Shanghai, where house prices are still rising, compared to huge
See Original Article

“Agency Debt – A Good Alternative For Some Treasuries”: Morgan Stanley

They point out that the largest debt issuances are accounted by the Federal Home Loan Bank System (FHLBs), Freddie Mac, Fannie Mae and a few
See Original Article

Stearns Lending Celebrates Record-Breaking Funding Month in August

SANTA ANA, CA / ACCESSWIRE / September 29, 2016 / Stearns Lending, LLC, a leading provider of mortgage lending services in Wholesale, Retail,
See Original Article

3 Reasons Home Depot Inc. Stock Could Fall

The biggest risk to shareholders is that the home improvement market could begin contracting again. The industry has posted slow but steady gains
See Original Article

New Military Lending Act Regulations Effective October 3, 2016

New regulations under the federal Military Lending Act (“MLA”) that become effective next week will prohibit consumer loans to covered US Service
See Original Article

Wells Fargo CEO defends the bank's practice of cross-selling

In his opening statement before the House Financial Services Committee, Wells Fargo Chief Executive John Stumpf offered little new information
See Original Article

Fantasy Football Outlook Bengals RBs – Jeremy Hill, Giovani Bernard, Start or Sit?

The Cincinnati Bengals host the Miami Dolphins on NFL's Thursday Night Football game for week 4 and fantasy football owners holding the team's top 2 RBs Jeremy Hill and Giovani Bernard…
See Original Article

ADB to boost lending by $8 billion under new partnership with Bangldesh

The Asian Development Bank (ADB) will increase public and private sector lending to Bangladesh to $8 billion in the next five years.
See Original Article

Total Income+ Real Estate Fund Announces 3Q Distribution to $0.3834 per share, a 5.25 …

NEW YORK, Sept. 29, 2016 /PRNewswire/ — Bluerock's Total Income+ Real Estate Fund (“Fund” or “TI+,” tickers: TIPRX, TIPPX, TIPWX) has paid a
See Original Article

Current Mortgage Rates for Thursday, September 29, 2016

Every Thursday morning at 10am the folks over at Freddie Mac grace the mortgage rate world with their Private Mortgage Market Survey (PMMS).
See Original Article

Nearly One in Four Markets Less Affordable Than Historic Norm

… nationwide,” Blomquist said in a news release. “This unhealthy combination resulted in worsening affordability in 63% of markets despite mortgage
See Original Article

Former First American escrow officers file lawsuit to dispute noncompete clauses

Four of First American Insurance Co.'s former escrow officers who abruptly left their jobs there earlier this month have filed a lawsuit against the title
See Original Article

Banks tighten SWIFT system security after hacks

Swift code bank logo is displayed on an iPhone 6s on top of Euro banknotes in this picture illustration, January 26, 2016. REUTERS/Dado
See Original Article

Simple unveils a smarter spin on shared bank accounts

Simple's online-first approach to banking has been a breath of fresh air for a typically conservative industry. Now, it's hoping to shake things up again
See Original Article

Chinese real estate bubble is "biggest in history"

Wang Jianlin made billions speculating on Chinese real-estate; now that he's diversified into buying Hollywood movie studios and chains of movie
See Original Article

Pound extends decline on dismal mortgage data

FX Focus: Pound remains in retreat mode over dismal mortgage data. British currency slides against major crosses after Bank of England says
See Original Article

Regulator Outlines Tougher Buy-To-Let Lending Rules

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information
See Original Article

The Wells Fargo fake account scandal proves “there's no such thing as a good big bank”

Wells Fargo was supposed to be the nice bank. For years, it's leaned into a folksy image, presenting itself as a beacon of stability—disinclined to make
See Original Article

The government is ending its Help To Buy mortgage scheme

That whole savings, mortgage and loan scheme that George Osborne said would boost home ownership and stop making young people feel like
See Original Article

Title insurance a good idea since real estate is big investment

One of the most common questions I encounter with respect to property ownership is “Should I get title insurance?” The answer is almost always a
See Original Article

Mortgage rates slide to a 10-week low

Mortgage rates slide to a 10-week low

The 30-year fixed-rate mortgage averaged 3.42% in the September 29 week, down from 3.48% in the prior week. The 15-year fixed-rate mortgage
See Original Article

Mortgage Rates Today, September 29: Now At 10-Week Low

According to Freddie Mac's weekly survey of more than 100 mortgage lenders, conventional 30-year fixed rate mortgages fell 6 basis points (0.06%) to
See Original Article

Canada finds first digital lending platform in Lendified subsidiary

Canada finds first digital lending platform in Lendified subsidiary Canadian fintech company Lendified has issued a statement saying their subsidiary
See Original Article

serving Scotland for almost 300 years

As the Royal Bank of Scotland renews its commitment to modern day Scotland we take a look at how the bank's history is intertwined with that of the
See Original Article

Is another German bank in trouble? Commerzbank to cut 9600 jobs and suspend dividend

Commerzbank, the second-biggest bank in Germany, has suspended its dividend and revealed more than 9,000 job losses as it tries to shore up its
See Original Article

Home DIY – How to Use Urethane Trim to Jazz Up your Home

Dear James: A neighbor recently added some ornamental wood trim to her house and it looks great. I want to add some to my house, but I don't want more to maintain. Is urethane trim a good…
See Original Article

Movement Mortgage partners with West Coast fintech player to launch digital mortgage platform

The Fort Mill-based lender is confident the new platform will make it easier and faster for users going through the mortgage application process.
See Original Article

Rest Easy on the Housing Market

The Case-Shiller index yesterday was up 5% for the month and prices are getting close to the 2006 peak. Naturally, this has brought forth the usual
See Original Article

Freddie Mac Advances Mortgage Automation Revolution

Freddie Mac recently rolled out its new Loan Advisor Suite, a set of Web-based tools covering the entire loan lifecycle – from application to
See Original Article

Bottomline Technologies Research: Millennial Decision-Makers at Businesses Unhappy With Their …

National Research Study Reveals Banks Have a Significant Opportunity to Cater to Banking Needs That Reflect Consumer Banking Practices.
See Original Article

Another housing bubble? Not in Chicago

Housing markets in big cities around the globe are overheating, but Chicago's is still a bit chilly. That's the conclusion of a recent report by Swiss Bank
See Original Article

Banks Reduce Lending

Banks Reduce Lending … Commercial banks have reduced the amount of money they lend to customers due to the rise in Non-Performing Loans
See Original Article

REAL ESTATE Trends 09.29.16

Amenities: Cul-de-sac location, new hardwood flooring, granite countertops, expansive backyard with wood porch, lawn and room for gardening, easy
See Original Article

IBM Shakes Up AI Race for Banking by Buying Promontory

“For community and regional banks, this is a potential lifeline,” said Ludwig in an interview. For many banks, it is an “enormous burden just to keep up.
See Original Article

Stocks Intraday Alert: American Electric Power Co., Inc. (AEP), Coca-Cola European Partners Plc …

American Electric Power Co., Inc. (AEP) continued its downward trend with … The company primarily serves title insurance agents, homebuyers, and
See Original Article

SPEC IV – REVERSE MORTGAGE SPECIALIST

Description. Monitors HECM Reverse Mortgage loan portfolio to ensure that all HECM Reverse Mortgages are assigned to HUD at 98% of Maximum
See Original Article

Housing prices driving record levels of debt

Real estate loans accounted for 87% of total individual debt held by New Zealanders in the year ended June 2015, Statistics New Zealand figures
See Original Article

Colorado's A Top Bioscience Cluster: What It Means For Real Estate

Thus Colorado real estate markets are going to share the benefits of the industry's growth. For instance, continued acquisition and consolidation in
See Original Article

BB&T to pay $83 mln to settle mortgage lending charges -Justice Department

The department said BB&T, as a “direct endorsement lender” in the Federal Housing Administration's mortgage insurance program, failed to comply
See Original Article

Commerzbank corporate lending head to leave – source

Commerzbank corporate lending head to leave – source … Under Zielke's shakeup of Commerzbank, the corporate lending business will be split into
See Original Article

Chinese real estate market is the 'biggest bubble in history,' warns China's richest man Wang Jianlin

Chinese real estate market is the 'biggest bubble in history,' warns China's richest man Wang Jianlin

On Wednesday, in an exclusive interview with CNNMoney, Wang Jianlin said that China's treasured real estate market is spiraling out of control.
See Original Article

Judge Orders Former Real Estate Mogul to Pay Creditors $286M

A U.S. judge has ordered a former luxury real estate mogul to pay $286 million to the creditors of a Montana club for the ultrarich that he is accused
See Original Article

Crews battle fire at Grosse Pointe real estate agency

Firefighters from several communities are battling a blaze at a real estate office in Grosse Pointe, according to that city's public safety department.
See Original Article

Blow of Weaker Sterling to French House-Buyers Softened as French Mortgage Rates hit 100-Year …

French Private Finance report rates for a 20-year repayment mortgage with a loan-to-value of 80% have crashed to 1.85% fixed for the duration of the
See Original Article

Lenders must tighten rules for buy-to-let by January 1, says Bank

The new rules will remove the ability of higher and additional-rate taxpaying landlords to deduct their mortgage interest from their rental income before
See Original Article

Does the European Banking Industry Need to Shrink?

Tim Crockford, European equities manager at Hermes Investment Management, discusses Deutsche Bank and why he says the EU banking industry
See Original Article

Deutsche Bank opens Digital Factory in Frankfurt

Deutsche Bank now has its own centre for developing digital banking products: the Digital Factory in Frankfurt. Around 400 software developers,
See Original Article

China Headed For A Disaster In The Real Estate Market, Warns Chinese Billionaire

After making a fortune in his country's real estate market, Chinese billionaire Wang Jianlin cautioned that it's escalating out of control. In an exclusive
See Original Article

Private Side Compliance – Investment Banking (Director level)

My client is a multinational banking group who operate in 5 key areas. You will be joining their corporate and investment division to come in as a
See Original Article

Economical Rental Housing by Design for Communities That Work

This paper advocates for a market-rate, unsubsidized approach for producing economical rental housing largely intended for service and
See Original Article

BRIEF-Co-Operative Bank comments on Capita mortgage outsourcing program

LONDON, Sept 29 A $24-billion deal to build Britain's first new nuclear power station in decades was signed behind closed doors in London on
See Original Article

Number of US homes under contract fell 2.4% in August

Pending home sales fell 2.4 percent in the month of August and 0.2 percent year-over-year, more evidence that the housing market has lost steam in
See Original Article

UK buy-to-let borrowers to face increased scrutiny

Buy-to-let borrowers will face more scrutiny from January because of new affordability checks and mortgage repayment “stress tests”.
See Original Article

Mortgage guarantee has helped 86000 people onto housing ladder

The Government is to close former Chancellor George Osborne's flagship Help to Buy mortgage guarantee scheme at the end of the year, it confirmed
See Original Article

Brussels ready to push back on bank capital rules

Europe's financial regulation chief has warned he is prepared to reject international plans to toughen bank capital requirements in a sign of the
See Original Article

UK Net Lending 4.5B vs. 4.0B forecast

In a report, Bank of England said that U.K. Net Lending rose to 4.5B, from 3.8B in … Analysts had expected U.K. Net Lending to rise to 4.0B last month.
See Original Article

Market Reaction to FOMC Drives Mortgage Rates to 10-Week Low

The 30-year fixed-rate mortgage responded by dropping 6 basis points — a 10-week low,” said Sean Becketti, chief economist at Freddie Mac.
See Original Article

U.S. Pending Home Sales Slump in August

The number of signed contracts slumped sharply in the South, the nation's largest housing market. But pending sales improved in the Northeast,
See Original Article

NFL Picks Week 4 – Survivor Pick, Experts Pick Straight Up, Against the Spread

It's week four of the National Football league season and it's time to predict this week's slate of games straight up, against the spread (ATS) and a survivor pick is needed for weekly contest players…
See Original Article

REAL ESTATE/CHANGING HANDS

Totman Home Irrevocable Real Estate Trust, Leland K. Totman, trustee, to L&B Totman Farm Irrevocable Real Estate Trust, Leland K. Totman, trustee.
See Original Article

Key mortgage rate slips to 10-week low, Freddie Mac survey says

Key mortgage rate slips to 10-week low, Freddie Mac survey says

The average 30-year fixed mortgage rate fell to 10-week lows, Freddie Mac reports, as the Fed decided to leave short term rates unchanged.
See Original Article

Land and Buildings Highlights Further Downside at Investors Real Estate Trust and Reiterates Call …

“Furthermore, the highly dilutive sale of IRET's senior housing portfolio at an 8% cap rate, combined with other non-core asset sales, should lead to at
See Original Article

Granite Bank Acquires New Hampshire Lender

The lender's founder, Anna-Lisa Cousins, will join Granite as senior vice president of residential mortgage lending to manage and develop the division
See Original Article

What Are the Tax Implications for Foreign Nationals Giving US Real Estate to Their Children?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week's question. Q: I am a foreign national. Are there any
See Original Article

Education loans top list of complaints received by Regional Banking Ombudsman

The overall complaints received by the Banking Ombudsman increased to 8,645 during the period 2015-16 from 8,285 registered during same period
See Original Article

Planned global banking rules not balanced, need changes- EU's Dombrovskis

The Basel Committee, a body of banking supervisors from nearly 30 … Valdis Dombrovskis told a banking conference in Brussels on Thursday.
See Original Article

Fintech Federal Charter Could Trigger Community Lending Rules

That could deter marketplace lenders from seeking a charter, Andrew Lorentz, a partner at Davis Wright Tremaine, in Washington, told Bloomberg
See Original Article

US pending home sales slump in August

FILE – In this Thursday, Jan. 8, 2015, file photo, a “Sale Pending” sign sits atop a realty sign outside a home for sale in Surfside, Fla. On Thursday
See Original Article

Booming housing prices raise bubble fears — but economists don't expect a collapse

Bubble-like home prices, which have risen approximately 5% annually for the last two years, are not in danger of popping anytime soon, according to
See Original Article

Massey claims he'll succeed where de Blasio has failed on affordable housing

The real estate executive said he already had a strong network of connections in each neighborhood thanks to Massey Knakal and the former
See Original Article

US judge orders real estate mogul to pay creditors $286M

BILLINGS, Mont. (AP) – A U.S. judge has ordered a former luxury real estate mogul to pay $286 million to creditors of a Montana club for the ultrarich
See Original Article

Why is Deutsche Bank now the biggest worry in the financial world?

Since the credit crunch in 2008, banks have been struggling to adapt to their new environment. Low interest rates coupled with meagre yields in the
See Original Article

FinTech and banking partnerships critical despite culture clash

Collaboration between FinTechs and banks is crucial despite a potential culture clash between the two, according to industry experts at Sibos 2016.
See Original Article

Stewart Hires Rose Menker as Vice President of Marketing

From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the
See Original Article

PRA issues tighter lender criteria for buy-to-let landlords

This follows a review of the buy-to-let market in 2015/2016. The PRA's actions are intended to guard against any slipping of underwriting standards
See Original Article

CFPB Announces that ECOA Protects LGBT Persons From Discrimination in Lending

This summer, the Consumer Financial Protection Bureau (CFPB) was asked by an LGBT advocacy group whether the provision of the Equal Credit
See Original Article

Iredell real estate transactions: Sept. 18-24

The following deeds were filed in the Iredell County Register of Deeds office from Sept. 18-24. For more information regarding specific plots of land,
See Original Article

SEC agrees next step in T+2 transition

The US Securities and Exchange Commission (SEC) has voted in favour of shortening the standard settlement cycle for broker-dealer securities
See Original Article

Delivering affordable housing financing solutions to key markets

With the acquisition, the firm expanded its scope to provide greater full-service mortgage lending and mortgage banking capabilities, including an
See Original Article

Credit Unions United in Need for Small Business Lending

“Our trade associations support the NCUA's member business lending rule, which is consistent with the law and allows small businesses more access
See Original Article

Here's the Smoking Gun That China Has a Huge Housing Bubble

Here's the Smoking Gun That China Has a Huge Housing Bubble

But when strategists at UBS AG recently compiled a list of bubblicious housing markets, there weren't any selections from mainland China due to the
See Original Article

NVR (NVR) is Initiated by Wells Fargo to Market Perform

On the company's financial health, NVR reported $22.01 EPS for the quarter, … The Company also operates a mortgage banking and title services
See Original Article

Freddie Mac: 30-year FRM hits 10-week low

After the Federal Open Market Committee failed to raise interest rates in its September meeting, investors flocked to safer grounds, and pushed the
See Original Article

Bankrate: Mortgage Rates Fall to Nearly 3-Month Lows

NEW YORK, Sept. 29, 2016 /PRNewswire/ — Mortgage rates pulled back this week to levels not seen since early July, with the benchmark 30-year
See Original Article

Fixed mortgage rates tumble to near yearly lows

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average sank to 3.42 percent with an average 0.5 point. (Points
See Original Article

Are Negative Rates the Cause of Europe's Banking Woes?

Global banking regulators need to make sweeping changes to proposed new rules to protect European Union lenders against a spike in capital
See Original Article

Trump's Real Estate Blues: The Biggest Reason He's Down $800 Million This Year

Despite forays into airlines, casinos and steaks, Donald Trump's fortune remains largely tied up in the industry that made his family rich: real estate.
See Original Article

First American Financial Corp. (FAF) Rating Lowered to Hold at Zacks Investment Research

According to Zacks, “First American Financial Corporation provides financial services through its Title Insurance and Services segment and its
See Original Article

Bove on Wells Fargo's impact on banking industry

Rafferty Capital Markets' Dick Bove on the impact of Deutsche Bank and Wells Fargo on the financial sector.
See Original Article

Mortgage Office Assistant

Growing mortgage broker in South Jersey needs immediate assistance. We are a small company of high powered mortgage brokers that work in a
See Original Article

Pemberton Launches UK Mid-Market Direct Lending Fund

Pemberton, an independent asset management group backed by Legal & General, has launched a UK Mid-Market Direct Lending fund. The new fund
See Original Article

Weichert, REALTORS® Mel Antonio Group Joins Berkshire Hathaway HomeServices Real Estate …

NEW BEDFORD, Mass.–(BUSINESS WIRE)–Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage
See Original Article

30-Year Fixed-Rate Mortgage Hits 10 Week Low

MCLEAN, VA–(Marketwired – Sep 29, 2016) – Freddie Mac ( OTCQB : FMCC ) today released the results of its Primary Mortgage Market Survey®
See Original Article

Pending Home Sales Fall 2.4% in August

The number of homes in the U.S. that went under contract fell in August to the lowest level since January, the latest sign the housing market lost
See Original Article

Mortgage Rates Today, Sept. 29: Ticking Up, FHA Proposes New Condo Rules

Thirty-year and 15-year mortgage rates reversed their declines, while 5/1 ARM loan rates dramatically increased, according to a NerdWallet survey of
See Original Article

Help to Buy mortgage guarantee scheme to close, says Hammond

Philip Hammond has confirmed the Government is closing its Help to Buy mortgage guarantee scheme in the latest of George Osborne's flagship
See Original Article

Improving Housing Markets Continue to Solidify

Indianapolis, Ind., and Columbus, Ohio, have entered their historic benchmark levels of housing activity, according to Freddie Mac's recent
See Original Article

Banking in Europe Essentially Unfixed, Says Blain

Deutsche Bank AG isn't the only lender wrestling with the U.S. to resolve an investigation into toxic mortgage bonds: Credit Suisse Group AG and
See Original Article

Mortgage approvals continue to suffer fallout from Brexit

Mortgage approvals in August dropped to their lowest level since November 2014 and fell for the third consecutive month, according to figures from
See Original Article

BRIEF-Sunway Real Estate Investment Trust appoints Tan Sri Ahmad Bin Mohd …

WASHINGTON, Sept 29 The U.S. Supreme Court on Thursday agreed to hear a challenge to a New York state law barring retailers from imposing
See Original Article