Hotelier and RESCOM Summit: A promising picture of Real Estate and hospitality sector in GCC

Hotelier and RESCOM Summit: A promising picture of Real Estate and hospitality sector in GCC

Hotelier and RESCOM Summit: A promising picture of Real Estate and … management systems in real estate by Simon Hopkins fr Trend Controls.
See Original Article

Killer of Dallas-area real estate agent loses appeal

HOUSTON (AP) – The U.S. Supreme Court has refused to review an appeal from a North Carolina parolee on Texas death row for the slaying 10 years
See Original Article

Government closing real estate tax loophole for foreign buyers

Federal Finance Minister Bill Morneau has announced new measures designed to help stabilize Canada's housing market, particularly in overheated
See Original Article

Changes to the housing market: how it will affect you

TORONTO — Ottawa has announced a number of measures aimed at curbing risk in the country's housing markets, including closing a tax loophole
See Original Article

3 Best Real Estate Mutual Funds to Invest In

Securities from the real estate sector continue to be an integral part of any portfolio with a long-term lookout. Over the years, mutual funds from this
See Original Article

Real Estate Sector Added to S&P 500 – What This Means for REITs

S&P 500 has created a new market sector for Real Estate, a move that could create an influx of billions of dollars invested into real estate stocks.
See Original Article

Stocks fall in early trading, led by declines in real estate

NEW YORK (AP) — Stocks are falling in early trading Monday, led by declines in utilities and real estate companies. Seven of the 11 sectors of the
See Original Article

Octane Lending Announces Series A Round Led by Berenson and IA Ventures

Octane Lending, Inc., a technology-enabled powersports finance company, today announced the closing of its Series A round led by Berenson Capital
See Original Article

Bank of England sees commercial real estate risks

The Bank of England said Monday that Britain's commercial real-estate market is vulnerable to a “sharp adjustment” following a slump in transactions,
See Original Article

California real estate firm buys Jacksonville apartment complex for $8.25M

The Jacksonville Affordable Housing LTD sold the property to Oak … Derek covers commercial and residential real estate and related industries as
See Original Article

Business Day|Wall St. Closes Lower, Weighed by Utility and Real Estate Stocks

United States markets closed lower on Monday, led by declines in utilities and real estate companies. KEEPING SCORE The Dow Jones industrial
See Original Article

Ottawa has brought this country's housing fantasy to an end

If the housing market doesn't respond to measures announced by the federal government on Monday, then expect more action ahead. Argue all you
See Original Article

Victoria Housing Market Chills Out For Fall

Inventory levels remain lower than last year, with 2,061 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of
See Original Article

US residential real estate: 2016/17 trends

What is the current property picture for international assignees moving to the US, and for domestic relocatees? Corporate relocation services provider
See Original Article

New mortgage rules will 'reduce the risk' a housing crash would pose to Canada's economy

OTTAWA — Canada's finance minister believes the housing market remains hot, but healthy. It just needs a little more regulatory care to keep it that
See Original Article

A New Worry for Banks and the Economy

Commercial lending growth in the U.S. slowed unexpectedly in the third quarter, a potential new headwind for already struggling banks and the
See Original Article

Racecar Driver Scott Tucker Owes More Than $1 Billion for Deceptive Payday Loans

“Scott Tucker did not participate in an isolated, discrete incident of deceptive lending, but engaged in sustained and continuous conduct that
See Original Article

Canada Takes Measures to Cool Housing Markets

The Canadian government currently fully backs the mortgage insurance issued by Canada Mortgage and Housing Corp., and the bulk of coverage
See Original Article

Be Prepared to Qualify for a Smaller Mortgage

Advertisment In its latest attempt to cool Canada's blistering housing market, the federal government has announced a few changes in mortgage policy
See Original Article

Canada Mortgage-Backed Securities Market May Cool on New Rules

Efforts to cool Canadian home prices could trickle down to the C$440 billion ($335 billion) market for debt backed by insured residential mortgages.
See Original Article

Auto finance growth at 3.5% through first half of year

Auto finance growth at 3.5% through first half of year

“Lenders in general have been very risk averse since the Great Recession, with more and more using all the tools available to accurately rate and
See Original Article

Details on Canada's changes to mortgage, tax rules

OTTAWA, Oct 3 (Reuters) – The Canadian government announced on Monday that it will close a tax loophole and introduce a stress test to insured
See Original Article

Pure Industrial Real Estate Trust Announces CDN$277.4 Million of Property Acquisitions, the …

PIRET intends to fund the acquisition through new and assumed mortgage financing in the amount of approximately CDN$86.6 million, proceeds from
See Original Article

UNC Charlotte Childress Klein Center for Real Estate raises $5.1 million

The center provides regional and national research, a master of science in real estate program and outreach activities in partnership with the Charlotte
See Original Article

Ottawa plans to tighten mortgage insurance rules

The federal government will also beef up rules surrounding stress tests for insured mortgages to make sure that borrowers don't take on more debt
See Original Article

Mortgage Mortality About More Than Low Rates

In its “first look” at August mortgage performance data Black Knight noted that the Single Month Mortality (SMM) or prepayment rate for the month had
See Original Article

Health care, real estate stocks lead to lower opening on Wall Street

FILE – In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by an American flag hanging on the facade of the New York Stock
See Original Article

Springfield-based lender gets $500000 federal grant

SPRINGFIELD — Community Lending Works, a nonprofit that loans money to small businesses and individuals who have difficulty getting financing
See Original Article

Reactions to Canada's Latest Round of Tougher Mortgage Rules

Canada is taking another crack at curbing risks from a housing boom, enacting measures that will ripple from young families struggling to buy their first
See Original Article

The lowdown on the Abhaile mortgage arrears scheme

They can also get financial advice from a dedicated mortgage arrears adviser, a personal insolvency practitioner (PIP), or an accountant.
See Original Article

Sean P. Quinn Appointed to the Board of First Northern Community Bancorp

Experts are available in small business, commercial, real estate and agribusiness lending, as well as mortgage loans. The Bank is an SBA Preferred
See Original Article

3 Minutes on a Park Bench with Denise Boulton of Boulton Mortgage

A mortgage broker has access to many different lenders versus a mortgage … I have vast experience in VA, FHA, and conventional financing and my
See Original Article

Ottawa's new mortgage requirements could make it harder to secure a mortgage

Finance Minister Bill Morneau has announced new measures Monday aimed at ensuring Canadians take on mortgages they can actually afford amid
See Original Article

Home » Mrs. Doubtfire home hits the market at $4.45 M

The home featured in Mrs. Doubtfire, a 1993 comedy starring late actor Robin Williams, is now on the market for $4.45 million, according to an article
See Original Article

Stocks Slip in Afternoon Trading, Led by Drop in Real Estate

Stocks are falling in afternoon trading Monday, led by declines in utilities and real estate companies. Eight of the 11 sectors of the Standard and Poor's
See Original Article

Private equity real estate investments down by 30 per cent during Jan-Sep: Report

MUMBAI: Private equity investments in real estate have declined 30% from a year ago to 48 transactions worth nearly $2.5 billion in the first nine
See Original Article

Calgary real estate market snaps 21-month streak of declines

The number of homes sold in Calgary rose for the first time in nearly two years in September, according to the latest data from the Calgary Real Estate
See Original Article

Kim Wright of UBS Discusses Brexit and the Global Real Estate Market

Kim Wright, UBS Kim Wright, global head of real estate with UBS, has covered the listed real estate sector for more than 20 years. She says her
See Original Article

Go Mobile Sweepstakes: Take Your Mortgage Mobile and Win Cash

The MyQL Mobile app offered by Quicken Loans allows you access to your mortgage on the go. Specifically designed for servicing clients, the app.
See Original Article

Families with mortgage arrears to get free legal advice

Families with mortgage arrears are to be offered free legal and financial advice after the Government announced the national roll-out of a new scheme
See Original Article

Ottawa unveils sweeping changes to housing rules

Ottawa unveils sweeping changes to housing rules

Finance Minister Bill Morneau unveiled sweeping changes on Monday that will affect all pockets of the housing market, including rules aimed at
See Original Article

World Bank private lending arm 'profits from investments linked to abuses' says Oxfam

The World Bank's private sector lending arm is profiting from projects linked to human rights and environmental abuses, according to a new report from
See Original Article

ING axes 7000 jobs in digital banking drive

Dutch bank ING is cutting 7,000 jobs as its push to digital banking goes full throttle. In its strategy update “Accelerating Think Forward”, CEO Ralph
See Original Article

Three Ohio executives among 25 Most Powerful Women in Banking

Mary Walworth Navarro, senior EVP, retail and business banking director for Huntington Bancshares, who was No. 14 on the list. Columbus-based
See Original Article

Wallingford – Hot Housing Market Continues!

It is no wonder with our continuing technology boom that people want to live close to the job centers and avoid the I-5 commute at all costs.
See Original Article

First American Financial Announces Third Quarter 2016 Earnings Conference Call

First American Financial Corporation (FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate
See Original Article

Part 2: Mixed Bag of Capital Sources

Lending remains a “mixed bag” of different sources for commercial real estate loans. When survey respondents were asked to rate various sources of
See Original Article

CFPB Issues Examination Procedures for the Military Lending Act Rule

The Consumer Financial Protection Bureau (“CFPB”) issued updated examination procedures it will use to assess lender compliance with the Military
See Original Article

How Canada Has Tried to Cool Down Its Housing Market: Chronology

CMHC begins taking action to rein in its role in the country's housing market. Over a span of more than a year, the housing agency starts rationing the
See Original Article

Know Before You Owe: A One-Year Lookback

Comprehensive regulatory overhauls are never easy, and harmonizing the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act
See Original Article

NDP housing critic pleased feds closing real estate loopholes

NDP housing critic David Eby is happy the federal government has decided to collect information to monitor how Canadian real estate markets,
See Original Article

Mortgage insurance changes will impact buyers

In an effort to reduce the risk to taxpayers, Federal Finance Minister Bill Morneau, introduced changes to mortgage insurance rules that will impact
See Original Article

The Real Scandal of Trump's Massive Tax Deductions Is They're Only Available to People Like Him

For the commercial real estate business, carrying over a loss actually isn't unusual. “It's normal for a real estate developer to operate at a loss because
See Original Article

BSP relaxes lending criteria for SMEs

THE Bank South Pacific (BSP) has relaxed aspects of its lending criteria to accommodate small business enterprises. Launching its BSP Smart
See Original Article

September ETF Asset Roundup: Real Estate Rocks

Among the key events of September, one of the most notable was the real estate investment trusts or REITs, which were long part of the broader
See Original Article

Cuomo signs law to protect NFTA funding from mortgage tax

Andrew Cuomo and co-sponsored by Assemblyman Sean Ryan, D-Buffalo, bars IDAs from including the mortgage tax revenue dedicated to fund
See Original Article

OCC Wants Lenders To Tighten Up Standards For Commercial Real Estate Loans

… OCC, the Semiannual Risk Report warns of trends in the commercial real estate market similar to those that appeared in 2007 prior to the recession.
See Original Article

Group Multi-Prêts Mortgage Alliance buys Invis Inc. and affiliated company Mortgage Intelligence to …

Founded in 1989, Invis Inc. and affiliated Mortgage Intelligence has brokers in every province, with a strong footprint in Ontario and Western Canada .
See Original Article

Stocks close lower after US economic data; real estate lags

The S&P 500 fell 0.48 percent, with real estate falling more than 1.5 percent to lead decliners. “Things seem to be quiet at the moment. October is
See Original Article

RBS Settles With Connecticut For $120 Million Over Mortgage-Back Securities

(CBS Connecticut) – A securities firm whose actions Connecticut Attorney General George Jepsen claims were a major player in the mortgage
See Original Article

Morneau takes measures to cool Vancouver and Toronto housing markets

Morneau takes measures to cool Vancouver and Toronto housing markets

Morneau takes measures to cool Vancouver and Toronto housing markets.
See Original Article

Mortgage rates fall for second straight week

U.S. mortgage rates fell again this week, hitting their 10-week low mark, according to Freddie Mac. The 30-year fixed mortgage averaged 3.42% for the
See Original Article

NGOs must have accounts in banks with core banking system: MHA

Many NGOs have their FCRA accounts in cooperative banks or state governments-owned apex banks or banks which do not have core banking
See Original Article

Regional banks must be more than 'lord of one domain, one castle'

Lending to their main customers – small and medium-sized enterprizes and individuals – is expected to taper off due to a population decrease and
See Original Article

Fidelity National Financial Inc. (FNF) EVP Peter T. Sadowski Sells 34191 Shares of Stock

The company reported $0.74 earnings per share (EPS) for the quarter, … FNF, through its subsidiaries, provides title insurance, mortgage services and
See Original Article

Week Ahead in Consumer Banking: Oct 3, 2016

8:30 a.m. – Bankers Compliance Group presents a one-day seminar on the Truth in Lending Act and its implementing regulations. The course will
See Original Article

Beefing Up Collateral Laws Could Encourage Banks to Lend

To get at the answer, José Liberti, a clinical professor of finance at the Kellogg School, looked at how lending decisions are influenced by the type of
See Original Article

High Point Bank Customers

Welcome High Point Bank Customers! Welcome to the BNC family! This merger blends the strength of two talented organizations. Together, we will
See Original Article

Bill Shorten: Soft touch won't stop banking royal commission

The parameters for this week's grilling of the major-bank chiefs in Canberra were set some time ago, which is no great surprise because the whole
See Original Article

OCC Cleared Contract Volume Up Two Percent In September – Securities Lending Activity Up 29 …

OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in September was 367,641,787
See Original Article

Parliamentary inquiry into banks to create cultural change within industry: government

The Federal Government is promising “significant” cultural change in the banking industry following this week's three-day parliamentary inquiry.
See Original Article

Deutsche Bank slowly infecting other European banks: Newsletter publisher

At this point, the possibility of a massive U.S. Justice Department settlement should be the least of Deutsche Bank's worries, a former fund manager
See Original Article

HomeReady

Fremont Bank now offers this flexible, low down payment mortgage product designed to simplify requirements for creditworthy borrowers with
See Original Article

Opinion: How arrogant Deutsche Bank fell from grace

LONDON (MarketWatch) — Deutsche Bank's fall from grace, a result of overleverage, misapplied ambition and others' desire to cut it down to size, has
See Original Article

Canada just announced new measures to slow down its housing market

(Reuters) – Canada will close a tax loophole and introduce a stress test to insured mortgage lending in an effort to boost the stability of the housing
See Original Article

​Texas Capital Bank to expand small business lending

Texas Capital currently doesn't crack the top 100 lenders in the program, according to SBA data for fiscal 2016. But the program overall has been
See Original Article

Banking, manufacturing industries will fuel demand for big data products: IDC

The banking industry spent nearly $17 billion on big data and analytics products this year alone, and IDC expects the financial sector to remain the
See Original Article

5 numbers to know in Bham housing market

There were 1,499 residential sales in the Birmingham metro area in August, according to the latest data from the Greater Alabama Multiple Listing
See Original Article

Sell-off in European banks fails to hit US peers

Deutsche Bank's transatlantic influence is falling in more ways than one — last week proved the German lender cannot even infect US banking stocks
See Original Article

European banking's restless summer of fines and bailouts

Germany's biggest lender Deutsche Bank sank to fresh 30-year lows last week, after the US Department of Justice (DoJ) proposed it pay a $14bn
See Original Article

ADB to fund millions of LED lights, pumps across India

ADB to fund millions of LED lights, pumps across India

New Delhi, Oct 3 () Multilateral lending agency Asian Development Bank (ADB) today said it will extend a USD 200 million loan to India for installation
See Original Article

Leeds Building Society loosens lending into retirement criteria

Leeds Building Society has loosened its lending into retirement criteria by increasing its maximum term from 25 years to 40 when a customer borrows
See Original Article

State debt reaches 75.6% of GDP at end of Q2

In Q2, net lending of the central government amounted to HUF 37 bln. On the assets side of the sub-sectorʼs balance sheet, there was a decline in
See Original Article

Old Republic International Corporation (ORI) Shares are Down -2.17%

Title Insurance Groups business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records
See Original Article

Reverse Mortgages Ain't All That Great

Curmudgeon. That is what a colleague said I sounded like when we were discussing the increasing coverage given to reverse mortgages. A simple
See Original Article

How the elections will affect the DC-area real estate market

That much potential turnover has to have an effect on the DMV's real estate market, right? Let's take a look at the executive branch. Regardless of the
See Original Article

Ottawa announces measures to cool housing markets in Vancouver and Toronto

The federal government is moving to close a loophole allowing foreign investors to dodge capital gains taxes on Canadian home sales. Currently
See Original Article

No more discounts for fixed-rate mortgage borrowers

Applying for a new mortgage won't be so easy after today's announcement by Federal Finance Minister. That's because anyone looking to buy a home
See Original Article

BRIEF-Just Energy says JPMorgan Chase Bank is additional lender to credit …

NEW YORK, Oct 3 The cost for a key short-term funding source for Wall Street tumbled on Monday from its highest level since the global credit crisis
See Original Article

Judge orders payday king Tucker, others to pay $1.2 billion

A federal judge ordered Leawood payday lender Scott Tucker and related businesses to pay more than $1.26 billion in a case alleging Tucker and
See Original Article

State Reaches $120 Million Settlement With RBS Securities

The investments, called residential mortgage-backed securities, were financed by mortgage payments from thousands of homeowners. Returns were
See Original Article

Connecticut hits RBS with $120m penalty

RBS Securities is paying $120 million to the state of Connecticut to resolve an investigation into its underwriting of residential mortgage-back
See Original Article

Data Trace Launches Starter Xchange to Simplify Starter Acquisition, Sharing and Contributor …

By participating in Starter Xchange, title and settlement professionals can expedite their title research with the confidence of accessing title insurance
See Original Article

Ottawa steps up mortgage scrutiny, closes foreign buyers' tax loophole

The federal government will also bring in a more rigorous mortgage rate stress test for all insured borrowers in an effort to make sure borrowers can
See Original Article

ESMA bows to market pressure on SFTR

Fran Garritt, director of securities lending and market risk for the Risk Management Association (RMA), said: “The RMA Securities Lending Committee
See Original Article

Senior Housing Finance Activity: HFF, Capital Funding Group

Through its Freddie Mac Seller Servicer direct lending program, CBRE secured a $50.525 million, fixed-rate loan which includes a 7-year term with 36
See Original Article

Queensland Country Credit Union in core banking overhaul

Australia's Queensland Country Credit Union is replacing its core banking legacy systems and going digital with the help of local vendor Data Action
See Original Article

After 53 years, SBI resumes banking in Myanmar

The State Bank of India resumed banking operations in Myanmar after a gap of 53 years by inaugurating a branch in the country's largest city Yangon
See Original Article

American Capital Agency (AGNC) Shares are Down -0.81%

It also invests in agency debenture securities issued by Freddie Mac, Fannie Mae or the Federal Home Loan Bank and in other agency securities.
See Original Article

Lending Club – An Online Lender In Trouble?

Lending Club's credibility is in question as investors find out about the growing number of issues. Most of the problems happened in the company's
See Original Article

Foreign buyers' real estate tax loophole to close

Foreign buyers' real estate tax loophole to close

… measures intended to stabilize the real estate sector amid concerns that pockets of risk have emerged in some housing markets, particularly those in
See Original Article

Cash-Out Refis Jump in Second Quarter: Black Knight

… to present a relatively low-risk profile, historically speaking,” Black Knight Executive Vice President Ben Graboske said in a news release Monday.
See Original Article

North Wales mortgage fraud three must repay criminal gains

Three people involved in one of the UK's biggest mortgage frauds, worth up to £24m, must repay some of the money they made. Ex-policeman Antony
See Original Article

Canada announces three new measures to cool and control housing market

Many of these measures should have been brought in years ago before the bubble was inflated. The risk here is that the government lets the air out
See Original Article

FP Watchlist: Canada closes housing market loopholes, Russia suspends U.S. plutonium deal …

Foreign money has caused housing prices to go through the roof in Vancouver and Toronto. Under the new plan, the exemption can only be claimed if
See Original Article

Stocks in the News: Hologic, Inc. (NASDAQ:HOLX), Lennar Corporation (NYSE:LEN), KB Home …

The company also offers real estate related financial services, counting mortgage financing, title insurance, and closing services for home buyers and
See Original Article

For teenage sons, woman mortgages jewellery to build toilet

BAREILLY: Setting an inspiring example for others, a 31-year-old woman from Gulariya Bhavani village, Baheri tehsil, mortgaged her jewellery to
See Original Article

Yorkshire BS launches discounted SVR range

Swap rates – upon which fixed rate mortgages are priced – have fallen so much recently that they are becoming cheaper to price than tracker
See Original Article

Nunavut lender can disclose names, privacy boss says

s refusal to publically identify who it lends money to despite being an arms length lending agency for the Government of Nunavut. Elaine Keenan
See Original Article

Tax loopholes closing due to overheated housing markets

In Toronto, Morneau maintained the housing market remains stable. The steps today are intended to manage the long-term stability of the market to
See Original Article

Banks Are Cutting Servicing Staff: Fitch

Bank mortgage servicers are slashing their staff in the wake of improved loan performance and decreased portfolio, according to Fitch Ratings.
See Original Article

RBS pays CT a record $120M to settle mortgage underwriting case

One of the nation's largest underwriters of mortgage-backed securities, Stamford-based RBS Securities Inc., has agreed to pay Connecticut $120
See Original Article

Judge Rejects FDIC Lawsuits Over Soured Mortgage Debt

The Federal Deposit Insurance Corporation (FDIC) suffered an embarrassing courtroom defeat when a federal judge dismissed lawsuits brought by
See Original Article

Canada Takes New Measures to Cool Housing Markets

TORONTO — Canada took a series of steps Monday aimed at cooling housing markets in the country's biggest cities, including addressing concerns
See Original Article

Federal Liberals Announce Tough Rules To Stabilize Canada's Hot Real Estate Market

Morneau is hoping to close loopholes, bring in a “mortgage rate stress test”, and facilitate audits in the hopes of ensuring the housing market remains
See Original Article

BRIEF-Canada's Morneau says believes housing market is sound

WASHINGTON, Oct 3 U.S. factories ramped up activity in September, shaking off a one-month contraction in a sign America was resisting the
See Original Article

Ottawa to close tax loopholes to help cool red-hot housing market

Federal Finance Minister Bill Morneau has announced changes he hopes will bring a sense of reality to our housing market. He says Ottawa is going
See Original Article

4 Stock Picks for an Increasingly Upbeat Housing Market

Confidence is building around the housing market. Homebuilder optimism is matching its highest level in a decade. The National Association of Home
See Original Article

BB&T paying $83 million settlement in Justice Department investigation

BB&T Corp. will pay $83 million to settle charges that it originated and underwrote federally insured mortgages that failed to meet government
See Original Article

Bibby Financial Services Provides $5.5 Million Asset-Based Lending Facility to Sprout Organic …

ATLANTA–(BUSINESS WIRE)–Bibby Financial Services, Inc. (BFS) announces a $5.5 million asset-based lending (ABL) facility to Sprout,
See Original Article

Stocks on the Move: CBRE Group, Inc. (CBG), Archer-Daniels-Midland Company (ADM), Ocwen …

Stocks on the Move: CBRE Group, Inc. (CBG), Archer-Daniels-Midland Company (ADM), Ocwen …

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States.
See Original Article

Ygrene Applauds Governor Jerry Brown for Signing Critical Seismic Retrofit Legislation for California

Working alongside the California Association of Realtors, the California Mortgage Bankers Association, and other PACE industry providers, Ygrene
See Original Article

Worth Watching Stocks: CubeSmart (CUBE), Navient Corporation (NAVI), Ally Financial Inc. (ALLY)

Ally Financial Inc. (ALLY) traded within a range of $19.14 to $19.52 after … It also engages in the management of held-for-investment mortgage loan
See Original Article

Stocks In Queue: DR Horton Inc. (DHI), American Express Company (AXP), BB&T Corporation (BBT)

It is also involved in the origination and sale of mortgages; and provision of … Residential Mortgage Banking, Dealer Financial Services, Specialized
See Original Article

Cash may no longer be only king for Orlando condos

… with proposed federal rules that would loosen up mortgage financing. … Restrictions on FHA mortgages for condo buyers are set to ease starting this
See Original Article

Part 3: Banks Tighten Construction Lending

Despite the availability of capital, banks have pulled back on construction lending for a couple of reasons. Lenders are approaching construction loans
See Original Article

Canada tightens mortgage, tax rules in latest bid to cool housing

The key tax change is aimed at foreign investors who critics believe have inflated housing prices, particularly in Vancouver and Toronto.
See Original Article

Federal government announces new measures to reduce housing market risk

TORONTO – The federal government has announced measures intended to stabilize the real estate sector amid concerns that pockets of risk have
See Original Article

Federal government announces new measures intended to reduce housing market risk

Finance Minister Bill Morneau makes an announcement on housing in Toronto Monday, October 3, 2016. The federal government has announced
See Original Article

Ottawa announces new measures to reduce housing market risk

Ottawa announces new measures to reduce housing market risk … sector amid concerns that pockets of risk have emerged in some housing markets,
See Original Article

Ottawa tightens mortgage requirements and targets foreign money

“Overall, I believe the housing market is sound, but as minister of finance, I want to make sure we are proactive in assessing and addressing the
See Original Article

20 hottest housing markets in September

Realtor.com released its rankings of the 20 hottest real estate markets for September, with California occupying half the spots and Colorado, Texas
See Original Article

RBS to Pay $120 Million to Settle Connecticut Probe Tied to Mortgage Securities

… a four-year investigation by Connecticut into the U.K. lender's underwriting of residential mortgage-backed securities before the 2008 financial crisis.
See Original Article

Amazon India Partners with Yes Bank to Expand its Seller Lending Program

Amazon India today announced the expansion of its Seller Lending Program through a strategic partnership with Yes Bank. The partnership aims to
See Original Article

Toronto-Dominion Aims to Expand Corporate Lending in U.S.

Canada-based The Toronto-Dominion BankTD said on Thursday that it plans to expand corporate lending business in the U.S. This expansion is
See Original Article

Ottawa unveils new housing measures to slow foreign real-estate investment

The strengthened mortgage rate stress test, which will include mortgages which were previously excluded, will be required on all new insured
See Original Article

Tyrie backs move to scrap help to buy scheme

Treasury committee chairman Andrew Tyrie has shown support for the Chancellor's scrapping of the help to buy mortgage scheme, saying it “will not
See Original Article

First American Corporation (The) (FAF) Shares are Down -2.96%

The Company operates in two segments: Title Insurance and Services segment, and Specialty Insurance segment. The Title Insurance and Services
See Original Article

Looking to buy a home? Now is not the time

The summer heat also brought with it rising home prices, which reached levels not seen since before the housing crisis. Now, however, as the heat
See Original Article

Federal Liberals Announce Tougher Rules To Stabilize Canada's Hot Real Estate Market

Morneau is hoping to close loopholes, bring in a “mortgage rate stress test”, and facilitate audits in the hopes of ensuring the housing market remains
See Original Article

Amerifirst to Sponsor Ron Vaimberg's Session at WAMP's

Amerifirst to Sponsor Ron Vaimberg's Session at WAMP's

Amerifirst Financial is a privately-held direct mortgage lender that works only with a select number of mortgage managers and leaders. Because of the
See Original Article

Ex-Dividend Reminder: Pennymac Mortgage Investment Trust, New York REIT and DuPont Fabros …

Looking at the universe of stocks we cover at Dividend Channel , on 10/5/16, Pennymac Mortgage Investment Trust (Symbol: PMT), New York REIT Inc
See Original Article

Lawmakers share blame in mortgage foreclosures | Letter

Lawmakers share blame in mortgage foreclosures | Letter. foreclosures .jpg. Unreasonable school property taxes, enabled by state legislators, play a
See Original Article

Case study: Fun-loving client, with interest-only mortgage..

I had an existing client who was nearing the end of her fixed rate which was a traditional mortgage on an interest- only basis. The client was aged 46,
See Original Article

CT, RBS ink $120M subprime settlement

Connecticut will collect $120 million from one of the largest underwriters of securities that were at the root of the nation's subprime mortgage-lending
See Original Article

Leeds Building Society boosts flexible mortgage options

The lender has now launched a 10-year fixed rate package at 2.75 per cent interest, with no early redemption charges after five years. The offer is
See Original Article

Black Knight's Mortgage Monitor: 42 Percent of Q2 2016 Refinances Were Cash-Out Transactions …

This month, Black Knight took a close look at mortgage refinance activity through the first half of 2016. As Black Knight Data & Analytics Executive Vice
See Original Article

Mortgage Advice Bureau (Holdings) PLC (MAB1) Insider Nathan James McLean Imlach Purchases …

Shares of Mortgage Advice Bureau (LON:MAB1) opened at 313.9375 on … This is a boost from Mortgage Advice Bureau (Holdings) PLC's previous
See Original Article

RBS to pay $120 mln to resolve Connecticut mortgage bond probe

Oct 3 Royal Bank of Scotland Group Plc will pay $120 million to resolve a Connecticut state investigation into the bank's underwriting of toxic
See Original Article

New mortgage arrears resolution service launched by Government

Minister Varadkar said: “The Government wants to ensure that people who cannot pay their own mortgage can stay in their homes or move to new
See Original Article

Yorkshire Building Society launches 2-year discount rates

Yorkshire Building Society has launched two 2-year discount variable rate mortgages at 1.15% to 65% loan-to-value and 1.23% to 75% LTV.
See Original Article

Legal aid scheme for distressed mortgage holders

A €15m Government-funded scheme to help property owners who are insolvent and in serious mortgage arrears has been launched. Already around
See Original Article

Mortgage Rates for Monday, October 3, 2016

The Bond markets bounced up and down last week, but when it was all said and done, mortgage rates were roughly unchanged. The yield on 10-year
See Original Article

BBamp;T Resolves FHA Mortgage Insurance Lawsuit for $83M

Joining some of the major regional banks, BB&T Corporation (BBT – Free Report) announced the resolution of certain legacy mortgage related matters
See Original Article

Rental Housing Needs a Green Advantage

Which is why Freddie Mac launched a fresh path to affordable, resource-efficient multifamily rental housing called the Green Advantage. Freddie Mac's
See Original Article

I won't miss help to buy. It only made the housing market worse

But nonetheless, these were pretty liberal terms, and selected lenders have been willing to offer 95% mortgages to eligible borrowers, safe in the
See Original Article

Stock Pattern: How Analysts Feel About Mackinac Financial Corporation After Forming Bullish …

The stock of Mackinac Financial Corporation (MFNC) formed an up wedge with … The ratio improved, as 2 funds sold all Mackinac Financial Corporation … safe deposit facilities, real estate mortgage lending, commercial lending,
See Original Article

Summer housing market not cooling down this Fall

The Summer housing market saw high demand next to rising home prices, but don't expect Fall to bring any relief. In fact, it could bring the hottest fall
See Original Article

Stocks Buzz: PulteGroup, Inc. (PHM) SunTrust Banks, Inc. (STI) Yum! Brands, Inc. (YUM)

It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and
See Original Article

Development will bring 64 units of affordable housing to Jersey City's Greenville section

In addition to the $1.5 million from the city's Affordable Housing Trust Fund, the state Housing and Mortgage Finance Agency provided $15.6 million in
See Original Article

Mortgage Interest Rates Edge Up at BMO Harris, PHH Mortgage Oct 3, 2016

Mortgage Interest Rates Edge Up at BMO Harris, PHH Mortgage Oct 3, 2016

30 year FRM interest rates start at 3.375% at BMO Harris Bank carrying an APR of 3.501%. The short term 15 year fixed rate mortgages are being
See Original Article

Government unveils £3bn housebuilders fund

The government wants to kick-start housebuilding with a £3bn housebuilders fund to support SMEs, custom builders and developers, communities
See Original Article

Important Analyst Opinions: MBIA, Inc. (NYSE:MBI) , Capstead Mortgage Corporation (NYSE:CMO)

Capstead Mortgage Corporation (NYSE:CMO) finished the trade at $9.43, higher +0.21%. Its last's traded volume was 1.19 million shares in
See Original Article

Altmann challenges government on cold calling

The question read: “To ask Her Majesty's Government why cold calls regarding mortgages can be banned but not cold calls offering free pension
See Original Article

Warning bells for the housing market

First, Chancellor Philip Hammond has confirmed he is to close the Help to Buy mortgage guarantee scheme, which offered state-backed mortgages to
See Original Article

Kroll's Whalen on the New Politics of Banking

Chris Whalen, senior managing director and head of research at Kroll Bond Rating Agency, talks about the intersection of politics and banking and
See Original Article

ADB's risk transfer pact with SIDA to up lending by USD 500 mn

“This guarantee will allow ADB to increase its lending capacity by an estimated USD 500 million over the next 10 years from its Ordinary Capital
See Original Article

Rules for Real Estate Act finalised: Venkaiah

New Delhi, Oct 3() The Centre has finalised rules for the Real Estate (Regulation and Development) Act, which will be communicated to the states
See Original Article

I Left Investment Banking and Wrote a Book That Blew Open Wall Street's Sexist Culture

I asked (nicely) for a meeting with my CEO, the head of a major investment bank. I shared my observations and ideas with him, telling him why I
See Original Article

Leeds increases maximum term for lending into retirement

As the UK population ages and life expectancy increases, this market is only going to grow and lenders need to address the changing needs these
See Original Article

Statement

“Customers are increasingly digital and bank with us more and more through mobile devices. Their needs and expectations are the same, all over the
See Original Article

Indian interest in Singapore real estate rising; Here is where to invest for good returns

After slowdown in 2015, when the market appreciated with a modest 2%, real estate sentiments in Singapore continues to show signs of recovery.
See Original Article

Brisbane tops affordability stakes

BRISBANE has cemented its place as one of the most affordable capital cities to buy real estate in, with overall dwelling values slipping -0.3 per cent
See Original Article

Movers to Watch: Old Republic International Corporation (NYSE:ORI), Retail Properties of America …

The company operates through three segments: General Insurance Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off
See Original Article

Level One Bank Selects Baker Hill®'s Consumer and Business Loan Origination Solutions to …

“By relying on Baker Hill's lending technology, we look forward to gaining new efficiencies and capabilities through the lifecycle of our loan
See Original Article

MobiKwik will start offering loans to its wallet users

Digital wallet MobiKwik is looking to enter the lending space by Diwali and the company is in the process of tying up with a number of non-banking
See Original Article

Interest Rates for Home Mortgages at Bank of America, Quicken Oct 3, 2016

30 year fixed rate mortgages are available starting at 3.375% at Quicken Loans today and an APR of 3.608%. The VA 30 year interest rates stand at
See Original Article

Will The Presidential Election Create Higher Mortgage Rates?

Will mortgage rates rise or fall because of the election? … However, the election results could very much change the cost to finance or refinance a
See Original Article

Morneau to Make Announcement on Housing to Cool Soaring Market

Canadian officials are seeking ways to cool Vancouver and Toronto home prices — without harming other regional markets — in a bid to control record
See Original Article

Trudeau government to close foreign-buyers loophole

Housing prices have soared dramatically the last few years in the Vancouver and Toronto markets, triggering a vigorous debate about the role of
See Original Article

Coldwell Banker's Farrell recognized for superior real estate sales

Coldwell Banker's Farrell recognized for superior real estate sales

Coldwell Banker Residential Brokerage in New England has announced that Hamilton resident John Farrell, a sales associate affiliated with the
See Original Article

Landbay launches rent check tool

Landbay has created an Airbnb-style rent comparison tool, allowing tenants and landlords to check how much they are paying and charging.
See Original Article

MarketInk: Guild Mortgage Hires First Chief Marketing Officer

Independent mortgage lender Guild Mortgage Co. has hired its first-ever chief marketing officer. Wendy Wong, with more than 25 years of experience
See Original Article

Cash borrowed for real estate hits record high

As a result of the government's policy to bolster the economy by heating the property market, real estate-related loans surged 56 trillion won over the
See Original Article

Gold spins narrowly higher as banking stress, Fed uncertainty lingers

Deutsche Bank has roiled markets and sent investors into a “risk-off” mindset that favors gold and other perceivably lower-risk investments. But the
See Original Article

Study find cheaper mortgages and stable house prices in wake of Brexit vote

Mortgage Advisers has found that in the 100 days since the vote to leave the EU, there are more mortgages available, rates are cheaper and house
See Original Article

Deutsche Bank (DB), US DoJ Said Still in Talks Over Mortgage-Securities Cases

Deutsche Bank (NYSE: DB) is said to still be in talks with the U.S. Dept. of Justice over mortgage-securities cases settlement, according to the WSJ .
See Original Article

Banking Solicitor, 3PQE

View details & apply online for this Banking Solicitor, 3PQE vacancy on reed.co.uk, the UK's #1 job site.
See Original Article

Redemptions, investor shifts put pinch on real estate open-end funds

A potent mixture of public market declines and investor sophistication is starting to eat away at open-end real estate fund managers' lunches.
See Original Article

Furness launches new variable rate mortgage

The 80% LTV product has a £999 fee that can be paid up front or added to the loan and is available for both purchase and remortgage cases.
See Original Article

Norrington to replace Winter as Ipswich chief executive

Speaking of his decision to leave, he told Mortgage Strategy of his belief that “no one should lead an organisation for more than 10 years.” Evans says:
See Original Article

Interest Rates on Monday for Home Mortgages at Citi Mortgage, Wells Fargo Oct 3, 2016

Standard 30 year fixed rate mortgage interest rates at Wells Fargo (NYSE:WFC) can be had for 3.625% and an APR of 3.649%. The typically lower
See Original Article

Dutch Bank ING to Slash 7000 Jobs, Close Branches

Dutch banking group ING said Monday that it is slashing 7,000 jobs in Belgium and the Netherlands as the company focuses on online services in the
See Original Article

No deal yet between Deutsche Bank, Department of Justice over mortgage securities

Deutsche Bank AG's talks with the U.S. Justice Department to settle a high-profile set of mortgage-securities cases are continuing, with no deal yet
See Original Article

Walker & Dunlop Originates $469 Million Multifamily Portfolio

The 7-year Freddie Mac floating rate loans include two years of interest-only payments followed by 30-year amortization schedules. The underlying
See Original Article

Accord scraps resi application fees

David Robinson, national intermediary sales manager at Accord, said: “Taking out a mortgage can be costly, so by getting rid of this administration
See Original Article

3 Stocks in Focus: Coty Inc. (COTY), Wells Fargo & Company (WFC), Cognizant Technology …

… floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.
See Original Article

LifeQuote expects all phone advice to be recorded

LifeQuote expects all forms of over-the-phone financial advice to be recorded in the wake of the announcement that Mifid rules will require all phone
See Original Article

Ex-chief of South Hills lending firm goes on trial in mortgage fraud case

The target of a complex federal investigation into the region's largest mortgage fraud scheme goes on trial today in U.S. District Court in a case that
See Original Article

Bridget Jones's Baby makes Working Title first British film company to take $1bn in UK

A continued healthy run over the weekend, contributing to a $41.1m running homegrown total, has meant Working Title is the first British company to
See Original Article