Sonnenblick-Eichner Company Arranges $92000000 of First Mortgage Financing for a Portfolio of …

Sonnenblick-Eichner Company Arranges $92000000 of First Mortgage Financing for a Portfolio of …

BEVERLY HILLS, CA–(Marketwired – January 12, 2017) – Sonnenblick-Eichner Company has arranged $92 million in first mortgage debt to refinance
See Original Article

After 7 "No's," Mortgage Broker Gets A "Yes" For Assisted Living Project

12, 2017 /PRNewswire/ — After 30 years in the mortgage business, not much can surprise Larry Michaelessi. But when he shopped a land loan for an
See Original Article

Higher mortgage rates? They're already here, and they hurt

The mortgage market is so fragmented today that it's tough to document what's happening with rates. There are deep discount lenders you access
See Original Article

Woman assaulted and robbed after lending lighter to attacker

A 56-year-old woman was robbed by a man in Grimsby after lending a lighter to the stranger, who fled with her purse. Police are appealing for the
See Original Article

For Houston's Housing Market, 2016 Was A Very Good Year

Despite strong economic headwinds facing Houston in 2016, the housing market saw a record number of home sales. According to a year-end report
See Original Article

China's new yuan lending further expands in December

BEIJING, Jan. 12 (Xinhua) — China's new yuan-denominated lending surged to 1.04 trillion yuan (150.29 billion U.S. dollars) in December, up from
See Original Article

Consumer lending

Gov. Andrew Cuomo wants to give the state's banking regulator the power to ban “bad actors” from working in financial services, allowing it to step in
See Original Article

dv01 and Experian collaborate to bring additional transparency to marketplace lending, providing …

12, 2017 /PRNewswire/ — dv01, the reporting and analytics platform that brings transparency to lending markets, and Experian, the leading global
See Original Article

China Credit Growth Exceeds Estimates as Lending Remains Robust

The rapid pace of lending is at odds with recent pledges by policy makers to curb excessive borrowing and reduce risk in the financial system.
See Original Article

SFTR RTS expected in Q4

… Transaction Regulation (SFTR) is not expected to be released until Q4 2017, according to International Securities Lending Association (ISLA).
See Original Article

TRANSACTIONS: GCP Capital Group arranges mortgage financing in aggregate amount of $27M

A new mortgage in the amount of $2,000,000 on a four-story, 16-unit multifamily property located on East New York Avenue in Brooklyn, NY. The loan
See Original Article

Demand for mortgages in US fell substantially in Q4

The number of mortgage applications dipped significantly in the fourth quarter of 2016, following the post-Trump victory interest rate spike.
See Original Article

Homeowners underestimate remortgaging savings

Remortgaging has been enjoying a surge in popularity in recent months, thanks in no small part to mortgage rates being at record lows. However
See Original Article

Fannie, Freddie Raise Mortgage Modification Benchmark Rate

The new rate, which will become effective Jan. 13, is 4.25%, representing an increase of 37.5 basis points from the previous benchmark rate set in
See Original Article

Mortgage Rates Today, Jan. 12: Inching Down Again; Mortgage Applications Up

Thirty- and 15-year fixed mortgage rates inched down again today, while 5/1 ARM rates held steady, according to a NerdWallet survey of mortgage
See Original Article

Nine Millionth Call for Help to HPF Homeowner's HOPE Hotline Since 2007

Many are experiencing difficulty connecting with their mortgage servicer or lender to get back on track. And, they're looking to HPF as an independent,
See Original Article

People on the Move 1.12.17

Since joining Lancaster Pollard in 2009, Diehl has provided analytical support on a range of bond transactions and mortgage loans for construction
See Original Article

Short Interest Buzzer: Arbor Realty Trust Incorporated (NYSE:ABR) Stock Is Shorted Less

The Firm operates in the portfolio segment of commercial mortgage loans and investments. It has a 16.01 P/E ratio. The Firm invests primarily in real
See Original Article

Rates Slip While Mortgage Applications Inch Up​

For the second consecutive week, Freddie Mac's Primary Mortgage Market … But while rates posted a drop, mortgage applications for new home … a growing housing shortage will continue to push up national home prices faster than inflation for the foreseeable future … … Mortgage News Network.
See Original Article

Mortgage rates fall to fresh lows – but it may not

Average fixed mortgage rates continued to fall this month, our latest figures show, however much of this could be a technical adjustment rather than an
See Original Article

Housing market booms, but housing starts trend downward

Housing market booms, but housing starts trend downward

Residential building activity appears to be going gangbusters in Guelph and area, but the Canada Mortgage and Housing Corporation has noted a
See Original Article

Turkish lira surges on shift to hidden lending rate

The currency surged the most in more than a year after the regulator didn't offer any funding to local lenders through the usual one-week repo auction
See Original Article

Peer-to-peer lender Funding Circle bags $100 million despite industry hiccups and Brexit

U.K. peer-to-peer lending start-up Funding Circle has raised £82 million ($100 million) in a vote of confidence for the young industry even after the
See Original Article

Marketplace Lending Association Announces 11 New Members

12, 2017 /PRNewswire/ — The Marketplace Lending Association (MLA) today announced the addition of eleven new companies to the Association.
See Original Article

David Winter joins Clever Lending

Winter has an extensive background in business funding and financial services having worked with a number of large banking groups including HSBC
See Original Article

Biz2Credit Small Business Index: Good News for Small Banks, Negative Trend Continues for …

biz2credit Loan approval rates at big banks ($10 billion+ in assets) and institutional lenders finished the year strong, improving to post-recession highs
See Original Article

December yuan lending jumps to 1 trillion

China's new yuan-denominated lending climbed to 1.04 trillion yuan in December, from 794.6 billion yuan a month ago, data from the central bank
See Original Article

Ben Carson, tapped for US housing chief, faces lawmakers

Many Republicans have argued that taxpayers may once again have to fund a housing market bailout because HUD stands behind too many risky
See Original Article

Equity release lending up 34% in 2016: ERC

Overall lending reached £2.15bn for the year, an increase of a third (34%) on 2015 with an additional £542m of lending activity: double the rate of
See Original Article

Metro Vancouver housing prices will cool down this year: Royal LePage

VANCOUVER (NEWS 1130) – Housing prices continued to climb across Greater Vancouver in the fourth quarter of last year, albeit at a slightly slower
See Original Article

Why The Housing Market Is Still Favorable For Homebuyers—Despite Fed Rate Hikes

With the housing market as jumpy as it's ever been, will the recent Fed hike send residential prices plummeting? Or make home loans harder to get?
See Original Article

Are Mortgage Rates Back on a Downward Trend?

According to Freddie Mac's Primary Mortgage Market Survey (PMMS) for the week ending on January 12, 2017, the rate for the average 30-year FRM
See Original Article

Markus Büttner ::

At Comyno we are the only dedicated provider in the securities finance space offering full-scale services in consulting as well as our own software
See Original Article

Indonesia issues new fintech law for lending firms

The financial services authority (Otoritas Jasa Keuangan or OJK) of Indonesia has issued a new law affecting all fintech P2P lending firms in the
See Original Article

Edmonton home values see biggest drop in Canada in fourth quarter

Home values in Edmonton fell by a wider margin than in any other Canadian city in the final three months of 2016, Royal LePage reported Thursday in
See Original Article

Aftermath, 2016: Lending a comedic touch to the unfunny

While many people happily said goodbye to 2016, others are battling anxieties over what 2017 might bring. For those worried that full-blown neurosis
See Original Article

Regional Housing Markets Continue to Strengthen, Updated Index Reveals

The continuing decline in the stock of real estate owned, or REO, properties indicates that housing markets are continuing to improve in the District,
See Original Article

Seniors Bridge

Arbor Commercial Mortgage, LLC is a national direct lender specializing in the origination of debt and equity financing and servicing for multifamily
See Original Article

Marketplace lending

Two influential Democratic senators' surprise objections to the OCC's fintech charter show that the initiative may be more politically fraught than the
See Original Article

St. John's housing prices drop during 2016 fourth quarter

A Royal LePage House Price Survey and Market Survey Forecast released today shows a drop in housing prices in St. John's in the fourth quarter of
See Original Article

Airtel or Paytm: 5 things to know before putting money in a payments bank

Airtel or Paytm: 5 things to know before putting money in a payments bank

Payments banks are stripped down versions of banks that have existed for many decades. The Reserve Bank of India, in 2015, gave licences 11
See Original Article

Lloyds online banking down for a SECOND day – but you can get around it

Customers of Lloyds Banking Group are once again taking to social media to express their dissatisfaction. The social media complaints from account
See Original Article

Freddie Mac (FMCC: OTCQB) | Freddie Mac Leads Nation as Top Multifamily Lender for Second …

These include certain loans for affordable housing, smaller multifamily … “Looking ahead, we are focused on providing mortgage capital, especially for
See Original Article

Giving and receiving at core of time banking

The concept, originally conceived by distinguished law professor and speech writer Edgar Cahn in 1980, is known as time banking, where every hour
See Original Article

Development finance lender Pluto enters bridging market

The lender said it will provide short-term bridging loans alongside its current core activity of providing development loans, with rates starting at 0.8% a
See Original Article

Freddie Mac: Mortgage Rates Pull Back From 33-Month High

Freddie Mac, in its weekly survey of more than 100 lenders nationwide, reported the average thirty-year rate fell another 8 basis points (0.08%) to
See Original Article

Current Mortgage Rates Roundup for January 12, 2017

Current mortgage rates are lower nationwide compared to interest rates a week earlier, according to McLean-VA based federal agency, Freddie Mac's
See Original Article

Client relation specialist-MORTGAGES

Our client a prominent financial institution specializing in mortgage solutions is presently looking for a client relation service specialist to join their
See Original Article

Freddie Mac: Mortgage Rates Fell For A Second Week, But It Likely Won't Last

According to Freddie Mac's Primary Mortgage Market Survey, during the week ended Jan. 12, the average rate for a 30-year, fixed-rate mortgage
See Original Article

Swift launches blockchain proof of concept

Swift has launched a proof of concept (PoC) to explore whether blockchain/distributed ledger technology (DLT) can be used by banks to improve the
See Original Article

Freddie Mac Prices New $3 Billion Three-Year Reference Notes Security

MCLEAN, VA–(Marketwired – Jan 12, 2017) – Freddie Mac ( OTCQB : FMCC) announced today that it priced its new 1.5% three-year USD Reference
See Original Article

Guide To Buying A Home: Young Families

With a few exceptions, mortgage lenders don't loan you 100 percent of the price of the house. You need a down payment, some contribution of your
See Original Article

BRIEF-Freddie Mac prices new $3 billion three-year reference notes securit…

MALVERN, Pa., Jan 12 The Federal Reserve can consider shrinking its massive trove of bonds once the interest rate on overnight lending between
See Original Article

Lloyds Bank customers still flogging the online dead horse

Day two and old nag Lloyds Banking Group's online and mobile app services are still up and down like the Grand National, with no sign that
See Original Article

Airtel Payments Bank launches nationwide operations

NEW DELHI: Airtel Payments Bank on Thursday launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest
See Original Article

Paytm payments bank: How your wallet balance will work

As Paytm received approval for the launch of Paytm Payments Bank, the existing wallets of all the users will be automatically migrated except the ones
See Original Article

Banking on local talent

In a great move for the citizens of Boston, the directors of Eastern Bank have voted to elevate Robert Rivers, the former Eastern Bank president,
See Original Article

Jersey City Apartments Win Financing, Will Remain Affordable

Rockport Mortgage Corp. facilitated the loan, which is with a 2.95 percent fixed interest rate and 35-year term. The transaction, completed under FHA's
See Original Article

Berkadia Arranges $30.5M Acquisition Loan for Apartment Community in Orlando

… and Atlantic Creek Real Estate Partners LLC, will use the Freddie Mac loan to purchase and renovate Tuscany Bay to green efficiency standards.
See Original Article

It's gold rush for mobile banking

KOLKATA: Mobile banking has turned out to be the real winner so far among all digital payment options as Prime Minister Narendra Modi
See Original Article

Big Banks Have Ground to Recapture in Mortgage Lending

Big Banks Have Ground to Recapture in Mortgage Lending

(Bloomberg Gadfly) — Friday marks a big day for bank investors, with three of the largest U.S. lenders — Bank of America Corp., JP Morgan Chase
See Original Article

Online Tools For A Mortgage That Fits

It's easy to understand why: Online tools and apps can make the homebuying experience – including finding a mortgage – easier and more enjoyable.
See Original Article

Matt Cassar: It's time for action

In the main, this means keeping track of new deals and new products – especially when, like us, you specialise in fixing mortgages for people with an
See Original Article

REAL ESTATE Trends 01.12.17

Amenities: Hardwood floors, granite countertops, fireplace, recessed lighting, French doors to backyard, stone patio with plenty of gardening space
See Original Article

Mortgage rates fall for the second week in a row

Mortgage rates pulled back again this week as the exuberance that led to their rapid rise is beginning to temper. According to the latest data released
See Original Article

US 30-year mortgage rates fall to lowest in six weeks -Freddie

Jan 12 Interest rates on U.S. 30-year fixed-rate mortgages fell to their lowest levels in six weeks in step with the decline in U.S. government debt yields,
See Original Article

REBNY: Real Estate Created $20.4B in Tax Revenue for NYC It Also Said Yearly Tax Revenue Is …

REBNY: Real Estate Created $20.4B in Tax Revenue for NYC It Also Said Yearly Tax … By David Chiu 12 January 2017 Real Estate Trends Finance.
See Original Article

Eclipse Residential Mortgage Investment Corporation Increases Dividend

TO) Eclipse Residential Mortgage Investment Corporation (“Eclipse”) is pleased to announce a 15.4% increase in the dividend rate to $0.0625 per
See Original Article

Chase, Wells: Interest Rates on Thursday for Home Mortgages Jan 12, 2017

The benchmark 30 year refinance fixed rate mortgages stand at 3.750% at Chase Bank carrying an APR of 3.853% today. The shorter term, popular
See Original Article

Mortgage rates dip for Thursday

Several closely watched mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both dropped. Meanwhile
See Original Article

Reverse Mortgage Trends: NY Proposal, HECM Purchase Program, and Upcoming Conference

For senior homeowners who want to learn more about converting a portion of their home equity into a liquid asset with a reverse mortgage loan,
See Original Article

Industry backs standalone equity release qualification

The Society of Mortgage Professionals (SMP) and the Personal Finance Society conducted the survey of 1,000 members in the wake of the Financial
See Original Article

Housing market will see fewer wild swings in 2017, Royal LePage says

Housing market will see fewer wild swings in 2017, Royal LePage says

Royal LePage says the extreme regional disparities that characterized Canada's real estate markets last year will narrow in 2017 as overheated areas
See Original Article

Canada Nov new housing prices rise 0.2 pct on Ontario strength

UPDATE 1-Canada Nov new housing prices rise 0.2 pct on Ontario strength … cause for concern and which account for one-third of new housing.
See Original Article

Jefferies Group Brokers Cut Earnings Estimates for IBERIABANK Corporation (IBKC)

The company reported $1.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.20 by $0.12. … Lenders Title Company, an Arkansas-chartered title insurance and closing services agency;
See Original Article

Trader's Buzzers: Continental Resources, Inc. (CLR), New York Community Bancorp, Inc. (NYCB …

Continental Resources, Inc. (CLR) traded within a range of $49.56 to $51.27 … The Title Insurance Group segment provides lenders' and owners' title
See Original Article

In housing market, mobile homes fill gap

Emily and Jesse McBroom purchased a two-bedroom trailer home on land outside of Denton. “We could get a brand-new trailer home with the newest
See Original Article

2 of the most affordable housing markets in America are in Alabama

Numbers show that home purchases are up, foreclosure activity is down and a stronger economy has people reentering the real estate market.
See Original Article

Moving Away from the Regional Extremes of Real Estate Feast and Famine

TORONTO, Jan. 12, 2017 /CNW/ – Canada's residential real estate market saw significant year-over-year price appreciation in the fourth quarter of
See Original Article

Timber firm fears housing market will be hit by EU vote

timber frame A Scottish timber firm has warned that uncertainty triggered by the Brexit vote for the UK to leave the European Union may weigh on its
See Original Article

Housing prices in Shanghai expected to be stable this year

HOME prices in Shanghai will probably remain stable this year despite an expected retreat in transaction volume because of existing tightening
See Original Article

Canada won't see same 'economic drama' in housing market this year: Royal LePage

Soaring home prices and regional extremes seen in the country's hottest housing markets last year will likely narrow in 2017, according to a new
See Original Article

Eye Catching Stocks: The Western Union Company (WU), KB Home (KBH), D.R. Horton, Inc. (DHI)

The Western Union Company (WU) managed to rebound with the stock … The company primarily serves title insurance agents, homebuyers, and
See Original Article

Charlottetown Housing Market Sees Moderate Price Increases in Fourth Quarter of 2016

CHARLOTTETOWN, Jan. 12, 2017 /CNW/ – The Royal LePage House Price Survey1 and Market Survey Forecast released today revealed steady
See Original Article

Chinese bank lending up sharply in December

Chinese bank lending up sharply in December

BEIJING–Chinese banks greatly increased their lending in December, … Medium- and long-term household loans, predominantly mortgage loans,
See Original Article

Warren Outlines Plan to Save the CFPB

Many advocacy groups from Consumers Union to the AFL-CIO, from U.S. PIRG to the National Consumer Law Center, are expected “to raise all kinds
See Original Article

Stocks Highlights: PulteGroup, Inc. (PHM), TRI Pointe Group, Inc. (TPH), ImmunoGen, Inc. (IMGN)

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

Going, going, gone – property auctions fall victim to BTL taxes

From this year, lenders have had to abide by stricter affordability criteria when signing off mortgages, in order to account for the more punitive tax
See Original Article

RED Capital Group Celebrates Over $340 Million in Unique Loan Closings with Redwood Living

COLUMBUS, OH – Redwood Living and RED Mortgage Capital, the mortgage banking arm of RED Capital Group, LLC (RED), recently celebrated a
See Original Article

5 Trends over 5 Days: Advice on Using Natural Patterns

5 Trends over 5 Days: Advice on Using Natural Patterns

Patterns taken from natural forms, such as timber and marble, are huge interior trends for 2017, but how can you get the look? Be inspired by our
See Original Article

Kedah praised for resolving Malay reserve land mortgage crisis

This is provided under Section 19 of the State Malay Reservation Enactment for the purpose of accepting or holding mortgages for Malay reserve land.
See Original Article

Equity release used to pay off credit card debt

The figures showed that non-mortgage loans, including credit card loans, were the second most popular use of equity release capital, with 31 per cent
See Original Article

US Mortgage Applications Increase in Early January

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2017, mortgage
See Original Article

Mortgage rates fall, and there's more to cheer about

Mortgage rates have fallen two weeks in a row. The last time that happened was back in September. The decrease in rates was accompanied by a
See Original Article

Focus on larger deposits as cost of high LTVs rises

Those with small deposits face monthly mortgage payments 36 per cent higher than those who can save more, according to the latest AmTrust
See Original Article

Advisers call for standalone equity release qualification

Pension-Pensioner-Elderly-Older-People-700×450.jpg More than 60 per cent of Society of Mortgage Professionals and Personal Finance Society
See Original Article

Radian and LendingQB Expand Partnership to Offer Mortgage Insurance, Appraisal Services

PHILADELPHIA–(BUSINESS WIRE)–Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., and LendingQB®,
See Original Article

Barratt on track for strong second half amid 'healthy' housing market

Barratt on track for strong second half amid 'healthy' housing market

Chief executive David Thomas said the fundamentals of the housing market were robust and the firm was focused on delivering “attractive shareholder
See Original Article

Toronto housing boom to continue as Vancouver slumps

Canada's two largest housing markets are going in different directions, with the Greater Toronto Area poised for another rally in 2017 while the
See Original Article

Mortgage market increasingly favouring low-LTV borrowers: AmTrust

Those who are only able to save a 5% deposit now face monthly mortgage payments 36% higher than those who can save a 25% deposit.
See Original Article

Tightening Irish housing market holding back transaction volumes

The Residential Property Price Register released yesterday shows that €10.9bn of transactions were recorded in 2016, up 1.3% on 2015. However
See Original Article

Kedah Malay reserve land mortgage issue resolved

GEORGE TOWN: The mortgage problem faced by Malay reserve landowners in Kedah, who could not get bank loans using their properties as security
See Original Article

Property market confidence highest in two years

The latest quarterly ANZ Property Council Survey shows confidence in the property market at a two-year high. The survey found that confidence
See Original Article

Tucson man sentenced to prison in mortgage fraud scheme

PHOENIX (AP) — A Tucson man has been sentenced to three years in prison in connection with a mortgage fraud scheme. Prosecutors say Dino
See Original Article

Expected house price growth in 2017 could spell trouble for Sydney

Those working in the property market are bullish there will be even more house price growth in NSW this year, a survey of more than 1800 industry
See Original Article

Housing Authority takes over Townsend mortgage

The Housing Authority of the City of Richmond has purchased the mortgage of the Townsend Community Center to guarantee the building's safety and
See Original Article

Mortgage Rates Lowest in Nearly 2 Months

Mortgage rates fell today, in many cases to levels not seen in well over a month. The average lender was just a hair better than last Thursday, meaning
See Original Article

Homebuyers with 5% deposits pay up to £300 more each month

It found the mortgage market is weighted towards those with higher deposits – something that is likely to worsen now that the Help to Buy mortgage
See Original Article

House prices: What does Foxtons' warning mean for the property market?

“Should current levels of sales activity continue in the short term, it is likely that 2017 volumes will be below those in 2016.”
See Original Article

A new red flag for the housing market?

With real estate still recovering in many parts of the country, here's a trend housing experts say bears watching: the rising rate of deal failures.
See Original Article

Stock Focus: Watching RSI Levels on Shares of Neuberger Berman Real Estate Securities Income …

Stock Focus: Watching RSI Levels on Shares of Neuberger Berman Real Estate Securities Income …

At the time of writing, the 14-day ADX for Neuberger Berman Real Estate … Some analysts believe that the ADX is one of the best trend strength
See Original Article

Real Estate Tech Accelerator Elmspring Accepting Startup Applications

“This session we are looking for companies who have been paying attention to the latest trends in real estate and development,” said Elmspring's
See Original Article

REIT ETFs Are Making a Comeback

reit-etfs-are-making-a-comeback Real estate investment trusts weakened since the summer months on prospects of a rising interest rate environment,
See Original Article

Other Banking Services

Other Banking Services

Banking that fits your lifestyle. Whether you need immediate access to your cash or a safe place to store your valuables, we offer a variety of products
See Original Article

2017 Housing Forecast: Affordability Benefits South, Midwest while Western Growth Slows

RENO, NV–(Marketwired – January 12, 2017) – As some western housing markets continue to fall toward negative territory, our 2017 market forecast
See Original Article

Consumer Banking Advisor I – Part-time

Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. As The curious bank, we've staked
See Original Article

As housing prices spike mortgage fraud rises, new research says

Embellishing your income to get that dream home is something more … new statistics say, and there may be a link to Toronto's hot housing market.
See Original Article

Dems Pushing Ethics Probe for Trump Pick Also Traded in Covered Securities

… Schumer was a leading voice for the federal takeover of mortgage insurers Fannie Mae and Freddie Mac in 2008. At the time, he owned thousands
See Original Article