Banking Dems call on financial industry to condemn Bannon

Banking Dems call on financial industry to condemn Bannon

The most influential Democrats on financial policy sent a letter to a litany of industry groups Wednesday, urging they had a “moral obligation” to
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Lenders are quietly raising fixed-rate mortgages by up to 45 basis points

Firstmac, Australia's largest non-bank lender, and nine other smaller lenders are quietly raising fixed-rate mortgages by up to 45 basis points in a
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Fitch Assigns Expected Rating to FirstMac Mortgage Funding Trust 2E-2013 C…

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_11172016.pdf If you would like
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TD Bank joins RBC in hiking mortgage rates, more banks expected to follow suit

TD Bank has quietly increased its fixed mortgage rates ahead of a similar move by Royal Bank of Canada to take effect Thursday, the latest sign that
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Freddie Mac prices $460M in whole loan securities

Freddie Mac priced a $460 million offering of guaranteed senior and non-guaranteed subordinate actual loss securities.
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Paul Gleason

I'm Paul Gleason, welcome to my site. Selecting an experienced Mortgage Officer is just as important as what bank qualifies to be your financial
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Higher mortgage rates after Trump victory

“The surprising result of the presidential election and the economy could have an affect on that,” said VP of Mortgage Loans at I-40 and Coulter in
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Fuel poverty: How can UK tackle cold homes and high bills?

Fuel poverty: How can UK tackle cold homes and high bills?

“If we borrow money to improve an old building, we don't get any more rent to pay for it, so no-one will lend to us.” Housing associations can borrow
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John R. Davis Sells 15000 Shares of Iberiabank Corp. (IBKC) Stock

The company reported $1.08 earnings per share (EPS) for the quarter, … BNP Paribas Arbitrage SA now owns 2,059 shares of the company's stock valued … Lenders Title Company, an Arkansas-chartered title insurance and closing
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Mortgages, not more homes, key to increased home ownership

The long-awaited Redfern Review has recommended that improved access to mortgage finance and improved income levels for first time buyers are
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Mortgage rates in Korea keep climbing despite record-low policy rate

Mortgage rates in South Korea are rapidly rising, with KEB Hana Bank's rate hitting a 34-month high as the country's commercial banks are actively
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Community Calendar

Thank you to the talented high school students and their teachers who provided the extraordinary photography featured in Bank of Marin's 2017
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OnCourse Learning Offers Updated Military Lending Act Course

15, 2016 /PRNewswire/ — OnCourse Learning is offering a new Military Lending Act course geared toward informing bank and credit union employees
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Crisis in cooperative banking sector deepens

KOCHI: Crisis in the cooperative banking sector in Kerala went from bad to worse on Wednesday, as day-to-day business of hundreds of small
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Changes to the pension asset test could affect housing market

Changes to the pension will affect the way people plan and behave – incentivising certain types of homeownership and debt, potentially impacting
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Hobart residential property market tipped to shine in 2017

Hobart's residential property market will grow strongly next year as supply constraints and low vacancy rates push prices higher. Prices in the
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Agri-Business Banking Associate Relationship Manager

Basic Function: The Associate Relationship Manager will be responsible for developing new business banking clients and servicing existing clients in
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TD Bank joins Royal Bank of Canada in increasing fixed mortgage rates

TORONTO — TD Bank (TSX:TD) has quietly increased its fixed mortgage rates ahead of a similar move by Royal Bank of Canada (TSX:RY) to take
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Mortgage Loan Reviewer

Boutique Mortgage firm in Richmond, Va is seeking a Mortgage Loan Reviewer: The right candidate will be able to multi-task in fast paced high
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Rs 10K cr enters banking system in first two days

Mumbai: Data from the Reserve Bank of India showed that Rs 10,000 crore moved into the banking system in the first two days after the Rs 500 and Rs
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A Second Look at FHFA Non-Performing Loan Sales Data

A Second Look at FHFA Non-Performing Loan Sales Data

According to the new report, the Enterprises (Fannie Mae and Freddie Mac) sold 59,629 non-performing loans with an aggregate unpaid principal
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Property buyers can trump fear

Coast real estate stalwart Bruce McLachlan, of McLachlan Partners Long Jetty, wasn't concerned by the “Trump effect” on local property prices and
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DealBook|Minneapolis Fed Chief Proposes Eliminating 'Too Big to Fail' Banks

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, at the Economic Club of New York on Wednesday. Credit Mark Kauzlarich/
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Invesco Mortgage Capital Inc. (IVR) Stock Rating Upgraded by Zacks Investment Research

According to Zacks, “Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and
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loan depot mortgage

when entering my Loan Depot Mortgage, your software is going to … First off, this is a user-to-user forum … and we're other users so it isn't “our software”
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Trump win may shake up Bay Area housing market

That could put a damper on the Bay Area real estate market if it persists. … The prospect of higher deficits has caused an uptick in interest rates,
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Single-family Home Builder Confidence Holds Steady in November

Continue to look for modest gains in the housing market in the year ahead, as higher home prices, low inventories and rising mortgage rates restrain
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Most European indices decline led by falls for banking stocks

European shares fell yesterday, weighed down by falls for banking stocks. An early rally deflated as a more cautious mood took hold later in the
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You are here: Home » Business » Small-Business Lending Breaks $1B In South Florida

The SBA's primary lending vehicle, the 7(a) Loan Guaranty program, provides long-term financing to acquire equipment and machinery, inventory,
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NETAR reports 18th straight monthly home resale increase

GRAY — Regional home sales made a double-digit gain in October and with … While the rule of thumb for a normal housing market is six months of
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Critics say HUD sales of delinquent mortgages are hurting, not helping

The federal government has sold thousands of delinquent Maryland mortgages to private investors through a controversial program that critics argue
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SPECIAL REPORT: Uniting Refugees, Locals via Lending Groups: European Microfinance Week …

Ms Caritas recommends that the MFIs include locals within lending groups. Unlike the case of Al Majmoua, the practice is not government mandated,
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Kohlhepp real estate record never prompted action

Kohlhepp real estate record never prompted action

Todd Kohlhepp, a registered sex offender and felon, bought and sold real estate for 10 years without ever drawing the attention of state regulators.
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34 of the country's top commercial real estate sales of 2016 (SLIDESHOW)

We created a roundup of some of the largest commercial real estate sales we've reported this year. Check out the adjacent slideshow. (Note that we
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Homeowners: Don't worry – low income housing isn't driving down your home value

Home prices have been rising, and are now back to pre-crisis levels. While this has been great for homeowners' equity, buyers struggle in the
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Chris Brockett Named President of MainStreet Bank

FAIRFAX, VA – MainStreet Bancshares, Inc. (OTCQX: MNSB) named Charles (Chris) Brockett as President of MainStreet Bank and MainStreet
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Rapid City payday lender stops making loans due to new lower interest rates

The owner of one Rapid City payday lending store said voters didn't understand the ramifications of a measure overwhelmingly approved in the Nov.
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Alec Bruice: 2017 Commercial Real Estate Forecast Is Strong

Sustained by improving job growth and strong demand for multi-family housing, commercial real estate has been steadily recovering in recent years.
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Realtors encourage you to buy before interest rates increase

There is a growing concern over the housing market following the result of the presidential election. Many fear low interest rates could spike and hurt
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What happened in Vegas…

This panel of speakers included Susan Allen of CoreLogic, Mike Floyd of Assurant Valuations, Michael Bradley of Freddie Mac, and George Opelka of
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NMI Holdings (Nasdaq: NMIH) Thriving on Mortgage Insurance

… National Mortgage Insurance Corporation (NMIC), is a mortgage insurance provider for loans purchased by Fannie Mae and Freddie Mac. Mortgage
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Boutique Bay Area real estate firm opens ABQ office, hires local broker

Lockehouse Retail Group Inc., a California-based real estate company, has opened an office in the New Mexico market as it expands its reach into the
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Democrats Sends Letter to Bankers Slamming Trump Picking Steve Bannon for Top Job

Top Democrats sent a letter Wednesday to banking industry leaders encouraging them to condemn and speak out against Donald Trump's decision to
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More details emerge on Montrose TIRZ projects

More details have emerged on the state of one of Houston's newly … at the 4th Annual Real Estate Forum on “The Future of Lower Westheimer, TIRZ
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Mortgage Bankers Cut 2017 Refinance Forecast

The nation's mortgage bankers have grown less optimistic about the … home lending, including purchase financing and refinancing, is expected to
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Richmond American Debuts Seasons Model Home Complex In Denver

Since 1972, MDC's homebuilding subsidiary companies, which operate … MDC's subsidiaries also provide mortgage financing, insurance and title
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TD Quietly Hikes Its Mortgage Rates

TORONTO — TD Bank (TSX:TD) has quietly increased its fixed mortgage rates ahead of a similar move by Royal Bank of Canada (TSX:RY) to take
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Former Lending Club Chief Is Creating a New Lending Site

Renaud Laplanche, the founder of Lending Club, at Tribeca Disruptive Innovation Awards in April. Credit Slaven Vlasic/Getty Images for Tribeca Film
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Stephen Bannon in 2014 Slammed Bank Bailouts, Lack of Wall Street Prosecutions

Stephen Bannon, President-elect Donald Trump's choice for White House chief strategist, argued that bank bailouts went against the “underpinnings
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Analyst: Atlanta growth to slow; housing to chill; interest to rise

Most important for the housing market, mortgage rates are rising already and a tussle over trade will accelerate the climb, he said during the center's
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Investment banks' profits driven by debt trading

The standout third-quarter results of the world's biggest banks were fuelled by a 36 per cent increase in market-wide revenues from debt trading, new
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Mortgage rate spike throws a wrench into housing market

San Diego mortgage broker Shanne Sleder said a third of his clients, many of whom already were stretching budgets to buy homes in pricey southern
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European Stock Markets See Red; Real Estate Drops, Financials Pull Back

European Stock Markets See Red; Real Estate Drops, Financials Pull Back

European stock markets saw red on Wednesday for the first time since the immediate aftermath of the U.S. election, after real estate and financial
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Mortgage rates up in SoCal following Trump victory

Mortgage rates have surged nearly half a percent since the election of Donald Trump, increasing borrowing costs in an already expensive Southern
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Tahoe home-selling tips: Random real estate nuances

There are many aspects of the real estate industry that combine to make it what it is. Within each are nuances that are subtle, but contribute in their
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10 tips for success in real estate

There's a perception that with real estate, one can never go wrong. Many people with spare money to invest fancy property because of its (perceived)
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Real Estate Pros: Look to DC in Trump's America

The truth is, we are dealing with a political reality that is unique in our time and its effects on real estate markets and the broader financial markets are
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Housing prices are at an all time high! Cash out on TOP Today!

Have you considered selling your house? Do you want to take advantage of this HOT Real Estate Market before prices begin drop again? We have
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Placester unveils mobile app for real estate agents

Placester, a well-funded real estate software provider, has unveiled a mobile app that lets agents manage leads on the go. The app is available to
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Uptown office tower gets upgrade on McKinney Avenue

Invesco Real Estate has owned the 13-story 3131 McKinney Ave. building for two years. Built in 1984, the 150,000-square-foot property is 90 percent
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MainStreet in Va. Hires Banking Vet as President

While at Eagle, Brockett had direct oversight of retail banking and deposit and loan operations, information technology, residential lending operations,
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Real estate agents make the most of slower times

As the shadows lengthen in the 2016 real estate season heading into the holiday hiatus, William Raveis Real Estate's Norwalk, Conn. agent Adelaide
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TD Bank joins Royal Bank in increasing fixed mortgage rates

TD Bank has raised its fixed mortgage rates, ahead of a similar move by the Royal Bank of Canada as the costs of borrowing rise. TD spokeswoman
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Report: Renaud Laplanche Preps to Launch Online Lender Credify

Renaud Laplanche 2015 Renaud Laplanche, the visionary behind Lending Club (NYSE:LC) who was pushed out of the marketplace lender this past
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Global Lenders Opine on Mezz Debt, Gateway Cities and Uncle Sam's New Rules

Industry experts from firms headquartered in Canada, Germany, the U.S. and China weighed in on how volatility is shaping their global lending
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Demonetisation: Before queues end bankers fret about another

MUMBAI | KOLKATA: Senior bankers, in the midst of a firefight to service hordes of customers rushing to banks after the November 8 demonetisation,
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Laplanche Seeks Second Act in Online Lending

The Lending Club founder is trying to stage a comeback with the formation of a new online consumer lender. But he will likely face more skepticism
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Nigeria central bank says Heritage Bank not in distress

“We wish to state that Heritage Bank is not in distress and as such its depositors should go about their transactions without fear,” central bank
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Will Trump Reimpose Glass-Steagall? (BAC, JPM)

While smaller banks may be unscathed, the super regional banks also may be vulnerable, says Calabria. “Most smaller banks do little investment
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Benson name removed from City's banking pantheon

One of the oldest names in merchant banking is finally set to disappear from the City after Société Générale's move to consolidate its two private
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David Stiepleman Acquires 5535 Shares of TPG Specialty Lending Inc. (TSLX) Stock

TPG Specialty Lending Inc. (NYSE:TSLX) VP David Stiepleman purchased 5,535 … TPG Specialty Lending's quarterly revenue was up 15.3% on a
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TD Bank joins RBC in hiking fixed mortgage rates

TD Bank has increased its four and five-year fixed mortgage rates ahead of a similar move by the Royal Bank of Canada. (Ben Nelms / Toronto Star)
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Treasury yield causing concern over growth after election

Treasury yield causing concern over growth after election

President-elect Donald Trump is changing the finance markets, but some strategists are starting to show concern about the sudden increase in the
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Investors Title Co. (ITIC) Plans Quarterly Dividend of $0.20

Investors Title logo Investors Title Co. (NASDAQ:ITIC) declared a quarterly dividend on Wednesday, November 16th. Stockholders of record on
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Stamp duty changes hitting house sales at the lower end of the market

It also found that increases in stamp duty introduced in 2014 had slowed the housing market in the south east of England, where the shortage of
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Major South Dakota payday lenders stop offering new loans

PIERRE, S.D. (AP) — At least three major payday lending chains in South Dakota with nearly 30 stores among them have stopped offering new loans
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KeyBank increased SBA 7(a) lending by record amount in 2016, plans further growth in 2017

KeyBank increased its lending volume through the Small Business Administration 7(a) program by 44% this past year and announced plans to do
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Banking Controller

Controller Opportunity / Banking / Will RelocateOur client who is located just outside of the Houston area is seeking a Controller for their growing team.
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2 major South Dakota payday lenders stop offering new loans

PIERRE, S.D. (AP) – At least two major payday lending chains in South Dakota with more than 20 stores between them have stopped offering new
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Nationstar transfers all REO auction activity to Xome

Xome's role as a wholly owned subsidiary of Nationstar Mortgage continues to fluctuate over time, adding another item to its already wide breadth of
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Home builders stayed confident heading into election

Builder confidence held steady in November, and came in in-line with expectations, according to the National Association of Home Builders/Wells
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Cautious Optimism, Competitive Markets Characterize Emerging Trends Responses

When the latest Emerging Trends in Real Estate® report was unveiled at the 2016 ULI Fall Meeting in Dallas, the panel discussion quickly turned to
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Prime jumbo mortgage bonds are disappearing. Here's why

Recent reports from Standard & Poor's Global Ratings showed that rate at which new mortgage bonds enter the market is slowing considerably in
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BSI Financial bolsters loss mitigation, regulatory compliance efforts

Aiming to boost its expansion efforts in loan servicing and financial services, BSI Financial Services announced the addition of two seasoned
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Freddie Mac Prices Final Whole Loan Securities of the Year

MCLEAN, VA–(Marketwired – Nov 16, 2016) – Freddie Mac ( OTCQB : FMCC ) announced the pricing of its fourth Freddie Mac Whole Loan
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Lending a hand to make sure the board votes

Lending a hand to make sure the board votes. MICHAEL GOOT … quiet for the most part at meetings. I'm glad I was able to lend a hand in this case.
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Title company sponsors barbecue

A free barbecue meal was spread out for emergency responders, civic workers, and others last Wednesday to thank them for what they do for the
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What Does The Election Mean For The Housing Market?

The housing market was pretty much ignored by both major party campaigns. Still, our local and national housing affordability crisis personally affects
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TD hikes mortgage rates, but won't follow RBC's lead

Toronto-Dominion Bank became the second major lender to hike mortgage rates amid soaring bond yields and federal government rule changes
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P2P pioneer Zopa applies for banking license

The application for a banking licence will be made to the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA), Jaidev
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Banks are no longer America's biggest mortgage lenders

Banks no longer dominate the mortgage market, The Wall Street Journal reports. Banks accounted for less than half of all mortgage loan dollars
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This is why Trump's election is causing the recent uptick in interest rates

On November 8th, voters determined that president-elect Donald Trump would be the next president to take office. Since then, several financial
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Refinance Activity Increased in October: Ellie Mae

Refinance Activity Increased in October: Ellie Mae

Refinance activity rose as a share of overall closed loans in October, according to Ellie Mae's Origination Insight Report. Refinances represented 47%
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Bank deposits to increase by 1-2% once stability returns: Moody's

Banks stand to gain the most from the demonetisation efforts due to the impetus it provides for people to enter the formal banking system, according to
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Notable Mover: Time to Buy Zions Bancorp After Today's Huge Decline?

The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash
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MCT Enhances Its Best Execution Services

“Lenders, especially non-bank mortgage companies, need to be acutely aware of their cash needs and balance sheet liquidity, in addition to getting
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Odisha banks asked to engage more banking correspondents

BHUBANESWAR: The State Government today directed commercial banks operating in the state to utilise the services of self-help groups and Bank
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Mortgage rates advance for Wednesday

The average 30-year fixed-mortgage rate is 3.87 percent, up 34 basis points … These types of loans are best for those who expect to sell or refinance
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One Billion-Plus Reasons Why You Should Be Active on Facebook

The number is staggering and potentially career-ending for mortgage lenders … Just by sharing knowledge and relevant news about the mortgage industry … in the July 2016 print edition of National Mortgage Professional Magazine.
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Demonetisation: Massive deposit bonanza for banks pulls down interest rates

MUMBAI: The money flooding into banks as people rush to deposit Rs 500 and Rs 1,000 notes has resulted in such a massive bonanza that it's pulling
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Mortgage Rates Tick Down on Wednesday, as Purchase Activty Falls to January Low

Mortgage rates were lower on Wednesday. The average 30-year mortgage rate dipped to 3.87%, which equates to a $469.95 monthly payment per
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Why FHA Lenders Might Have Less to Fear in a Trump Administration

Meanwhile, the Mortgage Fraud Task Force that has operated during most of the Obama administration is disbanding. “So you won't have this central
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Mortgage Financing Wanted

Looking for $310000 for first mortgage 1 yr term with option for year 2. Have down payment and verifiable income. House is in need of updating,
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Mortgage Rates Spike After Trump's Election—Should You Lock in Yours Now?

Rates climbed nearly 0.2% since the election, to 3.95% for 30-year fixed-rate mortgages of $417,000 or less, according to the Mortgage Bankers
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Inlanta Mortgage Welcomes Chad Gomoll as SVP Business Development

Chad Gomoll comes to Inlanta Mortgage with over 20 years of experience in the area of mortgage lending and financial services. As senior vice
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SRS Fintech Labs launches P2P lending platform

According to industry estimates, the cumulative lending through the P2P lending platform in India is expected to reach Rs 30,000 crore by 2020.
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Bank of England given new powers to curb risky buy-to-let lending

The Bank of England is being handed powers to curb any lax lending in the fast-growing buy-to-let mortgage sector, which it has previously identified
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Mitigation Banking

Mitigation Banking. The U.S. Clean Water Act requires mitigation for the disturbance or elimination of wetland, stream or endangered species habitat.
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Mortgages Slump While Homebuilder Confidence Climbs, Data Show

Financing costs have surged since the Nov. 8 election on speculation President-elect Donald Trump's pro-growth agenda will spark faster inflation.
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How Big a Collateral Risk Are PACE Loans?

The Shops at Crystals, a Las Vegas shopping center, collateralizes several offerings of mortgage bonds. The lenders have consented to future PACE
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A Bank Disrupter Wants to Become…a Bank ​

British peer-to-peer lender Zopa tried to disrupt the banking system. Now it wants to join it. The online lender said Wednesday it is applying for a
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Rental Trends: What to Look For in a Property Management Company

Rental Trends: What to Look For in a Property Management Company … a local property management firm that specializes in residential real estate,
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Borrower vs. Asset-Based Lending

Borrower vs. Asset-Based Lending

Unsecured consumer credit loans – in the online marketplace world, a market generally dominated by Lending Club and Prosper, although SoFi has
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What Should Canada's National Housing Strategy Look Like?

The issues are varied and complex, involving differing provincial and regional economies, housing markets and conditions, from affordable housing to
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Bond market rout knocks US mortgage activity to 10-month low

A measure of U.S. mortgage application activity fell to a 10-month low as 30-year mortgage rates jumped to their highest levels since January, data
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Car finance firm raises €25m for lending

Donal Murphy, Bluestone Ireland's Managing Director, said: “This transaction is part our ongoing programme to accelerate lending to customer
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How Might A Trump Presidency Impact The Mortgage Industry?

Will this lead to the dissolution of the Consumer Financial Protection … The independent mortgage bankers will probably see less relief than banks
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What Is a HARP Loan — and Can I Get One?

After the housing bubble began to burst in 2006, sending prices plunging for several years, a lot of people were left with mortgages that were
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CU Lending Success Involves Mobile & In-Person Strategies

While credit unions continue to adapt to the mobile-first era, a new study from Santa Barbara, Calif.-based Invoca, found that consumers rely heavily
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Short Interest Worth Mentioning: Stewart Information Services Cor (NYSE:STC)'s Trend Unknown …

The Firm operates through three divisions: title insurance and related … Texas Permanent School Fund last reported 17,855 shares in the company.
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NAHB Housing Market Index Unchanged in November

Stock Market Update: Frequent updates that focus on broad U.S. and overseas market activity, key economic releases and stock futures trading that
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Payday lender lobbies to overturn voter rate cap

PIERRE, S.D. (AP) – A major South Dakota payday lender is urging its customers to contact state officials to help overturn a short-term loan rate cap
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UK housebuilder Barratt cuts high-end London prices 10%

UK housebuilder Barratt cuts high-end London prices 10% … investor concerns over the impact of the vote to leave the EU on the housing market.
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Price Action To Observe: What's Propelling Resource Capital Corp. to Increase So Much?

The Residential Mortgage Lending operating segment includes the Company's activities and activities related to the origination and servicing of
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Trading Lines in Focus for Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)

At the time of writing, the 14-day ADX for Neuberger Berman Real Estate … Investors may use various technical indicators to help spot trends and
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HD Q3 Earnings Beat Expectations Amid Housing Market Boom

Home Depot Inc. (NYSE:HD) reported its results for the third quarter of fiscal year 2016 (3QFY16) before the opening bell on Tuesday, November 15.
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UK housing review downplays developers' role in crisis, critics say

The shadow housing minister, John Healey, who commissioned the review, said it was an “unprecedented analysis” of the housing market – including
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Don't Miss Out: 2017 Top Mortgage Banks Survey

upswing_chart_800x600 Calling all mortgage banking firms! Don't miss out on the chance to participate in our 2017 Most Powerful Mortgage Banking
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Is it time for a review of dual housing market?

YOU recently highlighted a review of the housing market to be carried out by KPMG. It is to be hoped this review will include the open market, although
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S&P/Experian: Default Rate On First Mortgages Increased Slightly In October

The default rate on first mortgages was about 0.70% in October – a slight increase compared with 0.67% in September but a significant decrease
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Mortgage applications slump to lowest level since January

Mortgage applications in the U.S. slumped last week after the sharpest increase in borrowing costs since mid-2013, signaling tougher sledding for the
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Buy-to-let: Bank of England gets new powers to curb lending

The Treasury has granted the Bank of England formal powers to control lending in the fast-growing buy-to-let mortgage market. It announced that the
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Will Higher Mortgage Rates Sink Real Estate?

Will Higher Mortgage Rates Sink Real Estate?

As the ultimate disrupter of the American political scene, Trump's presidential win is already upending the real estate and U.S. mortgage market.
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Mortgage applications drop as interest rates rise following election

Applications for home mortgages have dropped sharply after a spike in … Mortgage applications fell 9.2 percent last week from the previous week to
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Fed's Kashkari Unveils His Plan to End Too-Big-to-Fail Banks

Federal Reserve Bank of Minneapolis President Neel Kashkari proposed a series of new rules for banks and non-bank lenders that he said would
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Freddie Mac suggests waiving appraisals; AI responds

Read the latest Buzz on how Big Data failed in predicting a president and what it means for the #appraisal industry. https://t.co/wewFOiWGdb 23 hours
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Culleton hands Turnbull terms for banking inquiry

One Nation senator Rodney Culleton is ramping up his fight for a banking royal commission as he faces possible ejection from the Senate, writing to
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Local bankers/Tokyo bankers share ideas | Bob Shryock column

The First National Bank of Elmer hosted 21 bank executives recently from Shinkin Community Banks of Tokyo, Japan who visited Salem County to
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Survey highlights agents' influence on clients' mortgage lender selection

A Freddie Mac survey found that 84 percent of respondents have a select group of lenders to which they refer their clients, and 76 percent said their
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Bank of Canada Says No Need to Move in Step With Fed

OTTAWA—The Bank of Canada wouldn't respond mechanically to any future move by the U.S. Federal Reserve to raise interest rates, a senior central
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Senior local banking exec to step down, successors named

Leroy McKay, executive vice president and trust officer with LCNB National Bank, plans to retire next year, the bank said in filings with the U.S.
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CannaTrac Brings Banking to the Cannabis Industry — CFN Media

The cannabis industry has been struggling with the banking industry since its inception. While several states have legalized the drug, its status as a
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GSE Call Friday, FHFA's Report, Prior CFO And New Appeal

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) have been directed by the government through a series of agreements to hand over
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Landlords' mortgage borrowing up 10% quarter-on-quarter

Landlords have been investing more in bricks and mortar in recent months, new figures have revealed. The number of mortgages being taken out by
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Will Oaktree run afoul of HUD requirements on distressed Baltimore mortgages? Asks UNITE …

BALTIMORE–(BUSINESS WIRE)–While Oaktree has until December 2018 to fulfill HUD's requirements, it is not clear the company in on a track to
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Stearns Wholesale Welcomes Two Industry Veterans to its Regional Sales Leadership Team

With responsibilities that encompass all wholesale lending sales management and related activities, the two seasoned mortgage industry veterans will
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Fired LendingClub CEO Sets Up Rival Lender Nearby

Mr. Laplanche, who declined to comment on Credify, was once the face of the online lending industry, which grew from virtually nothing in 2006 to
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US mortgage activity falls to lowest level since January: MBA

U.S. mortgage activity falls to lowest level since January: MBA … The Washington-based industry group's mortgage market index fell 9.2 percent to
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Hunt Mortgage Group Opens a New Office in Houston, Texas

16, 2016 (GLOBE NEWSWIRE) — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it
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Homebuilder sentiment holds steady, could change post-election

Homebuilder sentiment held steady in November at 63 on the National Association of Home Builders/Wells Fargo Housing Market Index. Anything
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Surge in Online Loan Defaults Sends Shockwaves Through the Industry

Online lenders were supposed to revolutionize the consumer loan industry. Instead, they are rapidly becoming yet another “the next subprime.”.
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Trump Effect: Mortgage Rates Stay Above 4%

Trump Effect: Mortgage Rates Stay Above 4%

Mortgage rates crept up again today, with 30-year fixed loans settling in above the 4% mark for the third straight day on Wednesday, according to a
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Seeley Lake Real Estate Market Update, November 2016

SEELEY LAKE – There are still lots of challenges nationally for the housing market. However, 2016 is shaping up to be one of the best years for
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Will Builders Capital Mortgage Corp Short Squeeze Soon?

The stock of Builders Capital Mortgage Corp (CVE:BCF) is a huge mover today! About 7,281 shares traded hands or 1134.07% up from the average.
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Mortgage applications plunge as contact interest rates soar

The adjustable-rate mortgage (ARM) share of activity rose to 4.7% of total applications, the FHA share increased to 12.2% from 11.6% a week earlier,
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Pauline D. Kanode

In 1947 she began working at Security Trust and Title Company. She became manager when the company was purchased by First American Title
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Livingbridge exits mortgage finance specialist ENRA

Livingbridge today announces that it has reached an agreement to sell the majority of its stake in the ENRA Group, the specialist provider of mortgage
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Bank of England to place limits on buy-to-let mortgages

New restrictions will be imposed on buy-to-let mortgages in an effort to help protect against the risk of instability, Chancellor Philip Hammond has
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Home Depot, Lowe's Optimistic on Housing Post-Election

Despite cutting its full-year financial outlook, Lowe's (LOW) said it believes the housing market will continue to drive sales, a sentiment echoed by
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Driving Digital Transformation in Mortgage Banking

Learn more about the changing mortgage technology landscape and what they're doing to drive digital transformation initiatives in this quickly
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Can the Housing Market Weather Higher Mortgage Rates?

Most dramatically, applications for a new mortgage fell by 9.2% for the week ending November 11, according to the Mortgage Bankers Association's
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Rating Sentiment Summary: Discussion stirs around Taylor Morrison Home Corp (NYSE:TMHC …

As per Tuesday, March 8, the company rating was upgraded by Credit … and title insurance and closing settlement services through its title company,
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Report: Home Builders Forecast Best Housing Market In 11 Years

With today's mortgage rates ultra-low and U.S. rents rising, home builders are planning for another strong finish to the year for housing, and a fantastic
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Technical Toolbox: Investor Focus on Alexandria Real Estate Equitie (ARE-E)

Currently, Alexandria Real Estate Equitie (ARE-E) has a 14-day Commodity … Traders may use the indicator to determine stock trends or to identify
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Higher mortgage rates on the way & Trump's to blame

17, 2016, RBC will raise its discounted rate for a five-year fixed rate mortgage to 2.94%—an increase of 30 basis points; raise rates on its four-year
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Bank of England to get powers to regulate buy-to-let mortgages

Bank of England to get powers to regulate buy-to-let mortgages … The BoE will be able to limit loan-to-value ratios on buy-to-let mortgages, as well as
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Bill to Ease Burden of Mortgage Payments for Active Duty Military Signed into Law

TRENTON – Legislation sponsored by Assembly Democrats Bob Andrzejczak and Vince Mazzeo to allow members of the military to defer mortgage
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Sacked LendingClub CEO Is Plotting a Comeback

Like LendingClub, Credify plans to facilitate consumer credit lending over the Internet starting in 2017, said the Wall Street Journal, citing people close
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Mortgage Delinquencies Continue To Decline

The delinquency rate for mortgage loans on Massachusetts residences was 4.49 percent at the end of the third quarter of 2016, a decrease of 14 basis
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Pre-emption best cure for ailing Indian banking system

The Indian banking system needs more pre-emptive and precautionary measures to gauge stressed assets in advance, which will let bankers act early
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Unlicensed lenders given April deadline to register

THE SECURITIES and Exchange Commission (SEC) is giving lending companies until the end of April to secure their secondary license amid a
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