3 common lending misconceptions to avoid

3 common lending misconceptions to avoid

In a recent blog, we posed 4 questions that you should answer about your lending experience. Today, we want to drill down a little further into some
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Housing prices too high? Blame environmentalists

In this photo taken Monday, May 24, 2010, a sold home is shown in Palo Alto, Calif. Home prices fell in March from the previous month, signaling that
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Germany unseats UK as real estate könig of Europe

It was a good run, but after more than decade of market dominance the British are no longer the real estate royals of Europe. According to Real Capital
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Canada's key housing markets diverge as Toronto booms, Vancouver falls

TORONTO — Real estate sales figures in January are reinforcing suggestions that Canada's two most widely watched housing markets will take
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Bank Of England Considering Consumer Lending Curbs

Mark Carney, the Bank of England governor, said the Bank's enforcement arms were looking into the behaviour of lenders to make sure households
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Equifax partners with peer-to-peer lender

Andrew Hullock, head of new business at Equifax, said the partnership represented its continued commitment to the alternative lending sector and
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mortgage lender

Mortgage Lender Responsible for interviewing mortgage loan applicants and helping the borrower find a mortgage program that fits their individual
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Frank Talk: Proceed with Caution

In the five years since the housing market began its halting recovery, most market metrics that you would hope would move up have done just that,
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Ask George and Chuck: Owner loses home, wants title back

It all depends on the title company's criteria. In addition, conveying a property to a child can be a mess. When they reach the age of majority, they may
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Luxury real estate startup Compass expands to Newport Beach, scores top agent Rob Giem

Compass, a luxury real estate startup with a $1 billion-plus valuation and high-tech star power, will open an office in Newport Beach this month.
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Mortgage owners warned to get advice before accepting deals from vulture funds

The Department of Finance is warning homeowners whose mortgages have been taken over by US fund Tanager to get financial advice before
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Pepper expands residential mortgage range

Intermediary-focused specialist lender Pepper Homeloans has revamped its entire range of residential mortgage products by cutting most of its
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Santander ups age limit on interest-only mortgages

The bank said this change is designed to offer IO customers greater choice in how they manage their mortgage repayments, whilst also supporting
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Long-Term US Mortgage Rates Steady; 30-Year at 4.19 Percent

Long-Term US Mortgage Rates Steady; 30-Year at 4.19 Percent. By the associated press. Feb 2, 2017, 1:49 PM ET. 0 Shares. Email. Star. 0 Shares.
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Freddie Mac outlook considers uncertainty

After the housing market's best year in a decade, Freddie Mac's January 2017 outlook considers the uncertainty on the future as the year begins.
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Mortgage affordability dramatically improved

Mortgage affordability dramatically improved

Low mortgage rates have been a persistent theme in recent years, and happily, this trend has had a welcome side-effect, with mortgage affordability
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Spanish mortgage instalments fall again as Euribor continues downward slide

The Euro Interbank Offered Rate (or Euribor) on which most Spanish mortgage interest payments are calculated ended the month of January at yet
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Andreetta fends off bike fit criticism from real estate broker

Simone Andreetta of the Bardiani-CSF team was the subject of sincere concern by a Cyclingnews reader who watched him riding in the breakaway in
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Allegiance Credit Union selects Credit Union Resources to conduct chief lending officer search

HOUSTON, TX (February 3, 2017) — Credit Union Resources, Inc. has been selected to conduct a search for the position of chief lending officer for
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ACCESS Announces Foreclosure Prevention Program Available for Local Homeowners

Designed to help homeowners pay their first mortgage, qualified applicants can receive up to 12 monthly mortgage payments or $20,000, whichever is
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Mortgage Rates Friday, Feb. 3: Lower; Jobs Report Brings Mixed News for Rates

Thirty-year fixed and 15-year fixed rates were lower today, while 5/1 ARM rates held firm, according to a NerdWallet survey of mortgage interest rates
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The TPG Specialty Lending, Inc. (TSLX) Downgraded to “C” at TheStreet

TheStreet cut shares of TPG Specialty Lending, Inc. (NYSE:TSLX) from a b rating to a c rating in a report released on Friday morning. A number of
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DBRS Assigns Provisional Ratings to Towd Point Mortgage Funding 2017-Auburn 11 Plc

DBRS Ratings Limited (DBRS) has today assigned provisional ratings to the notes issued by Towd Point Mortgage Funding 2017-Auburn 11 Plc (the
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Blue Springs real estate listing company Xceligent fires back at CoStar's lawsuit

Xceligent, one of Blue Springs' largest employers, wants a federal judge to toss out a lawsuit filed against it by real estate listing company CoStar,
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Fleet Mortgages appoints new BDM for the North

Buy-to-let specialist Fleet Mortgages has announced the appointment of a new business development manager for the North of England.
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Alliant, SoftPro expand integration

Alliant National Title Insurance Co. announced an expanded integration between the company's Agent Resource Center (ARC) and SoftPro 360,
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One to One: Pradeep Raman, chief executive, Dwell Mortgages

Dwell Mortgages is a recent entrant to the market. … Our tech is designed to bring optimal and compliant automation to the mortgage process.
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West Wing real estate: Who has proximity to Trump?

(CNN) President Donald Trump is a real estate man, but that may not make one task of his new administration any less tedious: parceling out office
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Coventry for intermediaries cuts rates on selected mortgages

Coventry for Intermediaries has cut rates on a series of residential and offset products and launched a new range of Flexx for Term mortgages at 65
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Deloitte and Irish Funds explore blockchain for regs

Irish Funds is working with Deloitte and a handful of financial services providers to develop a blockchain proof-of-concept for regulatory reporting.
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Crye-Leike Real Estate Services Raises $89387 For United Way

Crye-Leike Real Estate Services, the nation's sixth largest residential real estate brokerage firm, concluded its 2016 United Way Workplace Campaign
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Commerce Bank, HSBC: Wednesday's Interest Rates for Home Mortgages Feb 1, 2017

The best 30 year FRMs are published at 4.375% at Commerce Bank yielding an APR of 4.480% today. Shorter term 15 year FRM interest rates are
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Full steam ahead for UCD compliance

Fannie Mae and Freddie Mac announced that it's full steam ahead for technology compliance with the Uniform Closing Dataset (UCD) file, set to be
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Santander to raise age limit on interest-only mortgages

Santander has revealed plans to extend the maximum age limit for interest-only mortgage lending from 65 to 70. The bank hopes the change will offer
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Freddie Mac (FMCC: OTCQB) | Mortgage Rates Steady to Begin February

MCLEAN, VA–(Marketwired – Feb 2, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®
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Fed puts more emphasis on commercial real estate in 2017 stress test

Fed puts more emphasis on commercial real estate in 2017 stress test

A police officer keeps watch in front of the U.S. Federal Reserve building in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin
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Missoula real estate market on the rise – KPAX.com | Continuous News | Missoula & Western …

If there's still any question that the Missoula housing market is completely recovered from the '09 recession, the new report from the Missoula
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OneTitle Receives New York State Approval for 25% Reduction in Title Insurance Rates for Real …

Beginning in 2014, OneTitle broke with the title insurance industry's practice in which companies work together to set and maintain a single set of
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One part of Manhattan's housing market is going bananas

Friday's report highlights the dramatic shift that is taking place in Manhattan's real estate market. In a report released on January 4, Douglas Elliman
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Regulations on Chinese Buyers May Kill Vancouver Real Estate

The Vancouver real estate market has been one of the biggest beneficiaries of foreign buyers in the world. The market is going through an absolute
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HomDNA announces integration with Black Knight Financial Services' LoanSphere Expedite platform

“The integration of HomDNA with the Expedite platform provides mortgage lenders with a comprehensive solution to help improve the loan closing
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You, yes you my dear real estate investor

India has till 2007 seen a fair breakup of physical and financial savings at household level split evenly between physical (gold and real estate) and
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Commercial real estate indictators signal robust 2017

Two development firms plan to build a 925,000-square-foot business park in Deerfield Beach. (Butters Construction and Develop / Sun Sentinel).
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Brokers Issue New Targets On Ally Financial Inc. (NYSE:ALLY)

01/06/2017 – Ally Financial Inc. had its “buy” rating reiterated by analysts at … Finance operations, Insurance operations and Mortgage operations.
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Riverdale: The Next Real Estate Hot Spot?

“We offer both affordability and flexibility up here,” said Susan Goldy, a real estate agent at Halstead Property. “We used to joke it was the best kept
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The Suntrust Banks Inc. Sells 85 Shares of IBERIABANK Corporation (IBKC)

The firm owned 5,854 shares of the company's stock after selling 85 shares during the … Finally, JPMorgan Chase & Co. boosted its stake in IBERIABANK … Lenders Title Company, an Arkansas-chartered title insurance and closing
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THE ULTIMATE GUIDE TO CHOOSING A MYRTLE BEACH REAL ESTATE LISTINGS AGENT

3, 2017 /PRNewswire-iReach/ — When you're ready to sell your North Myrtle Beach or Myrtle Beach real estate, it's easy to get excited and just go with
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Mortgage mobile solutions company integrates with LoanSphere Expedite

Mortgage mobile solutions company integrates with LoanSphere Expedite

California-based HomDNA, a mortgage mobile solutions company, has announced its integration with Black Knight Financial Services' LoanSphere
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UK: Unlicensed consumer credit lending – FCA takes first criminal action

The FCA has taken its first criminal action against an individual which it alleges operated as an unlicensed consumer credit lender. Since the FCA
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Real estate market shows optimistic signs

Opening of the new High Prairie Health Complex could also revive the real estate market. “We are very optimistic for 2017 as there seems to be a
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Review of Analysts Ranking: Fidelity National Financial, Inc.'s (FNF)

Fidelity National Financial, Inc.'s (FNF) , a stock from Surety & Title Insurance Industry, has a value of $35.90 per share, noted a price change of 0.84%
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Housing affordability: low interest rates push up property prices

Housing affordability is a serious problem in most parts of Australia. There is a growing gap between those who are in the housing market and those
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Lender launches self-employed mortgage range

Available exclusively for self-employed borrowers, a newly revised range of mortgages have recently been released by Newcastle Intermediaries.
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Toronto buyers flock to condos as house prices soar out of reach

Toronto buyers are flocking to the condo market as house prices soar ever more out of reach. There's also a “serious supply problem” where houses
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Banking Industry's Lending Grows 7.87% in 2016

JAKARTA, NETRALNEWS.COM – The Financial Services Authority (OJK) reports that the banking industry's lending for 2016 has grown 7.87%, and
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Despite "Gloom and Doom" Media Reports, Healthy U.S. Lenders Are Ready to Lend Small …

Despite the “Mortgage Implosion” that crippled many Wall Street Banks and Lenders, money has flooded back into the banking system and bankers
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Santander extends interest only mortgage age limit

Miguel Sard, managing director of mortgages at Santander UK, said: “As a responsible lender, we work hard to support all areas of the market.
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Commercial real estate transactions

Private real estate investor Vestar has acquired Twin Creeks Marketplace, a 43,134-square foot grocery-anchored shopping center located at 1265 W.
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Mortgage rates drop for Friday

Several benchmark mortgage rates declined today. The average rates on 30-year fixed and 15-year fixed mortgages both decreased. On the
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China cbank injects $93 bln in SLF, MLF loans in Jan, down 26 pct from Dec

China cbank injects $93 bln in SLF, MLF loans in Jan, down 26 pct from Dec

The reduced injections coincided with the central bank's move to push up some lending rates, in a further sign that it is moving to monetary policy
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Investor Fears Lead to Drop in Mortgage Rates – Honolulu, Hawaii news, sports & weather – KITV …

Current mortgage rates for 30-year fixed mortgages decreased this week, with the current rate borrowers were quoted on Zillow at 3.41 percent, down
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NAHB: 55+ single-family housing market hits all-time high in Q4

Activity in the 55-plus, single-family housing market continues to be a source of optimism for builders, with the National Association of Home Builders'
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Fleet hires BDM for the North

Fleet Mortgages has hired a business development manager covering the North of England in Jayne Kohl. Kohl has 15 years' experience in the North,
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Accord expands range of offset mortgages

Accord Mortgages used the beginning of February to launch five new options to its offset range. The intermediary-only lender's new measures include
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Armenian banks' lending increased last year by 15% to 2.4 trillion drams

YEREVAN, February 3, /ARKA/. Armenian banks' lending increased last year by 15% or 316.5 billion drams ($650 million) from 2015 to 2.4 trillion
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Key appointment for Precise Mortgages

Specialist lender Precise Mortgages has announced the appointment of Dan Watson to its sales team. Watson will work predominantly in the South
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Today in the press

VULTURES OFFER TO SLASH YOUR MORTGAGE BY 40% – A vulture fund that took over thousands of mortgages is offering to sell homeowners
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Local realty firm named in mortgage scheme

Keller Williams Mid-Willamette has agreed to pay $180,000 to settle claims it accepted illegal kickbacks to steer customers to a California mortgage
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Chinese piling into UK property market, research finds

The number of enquiries from Chinese firms looking to invest in the UK commercial property market jumped by a third in the last three of months of
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One Way for Trump to Help Small Business

Total bank lending to small businesses has declined by almost 20 percent since Dodd-Frank was put in place. Although weak consumer demand is a
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Will Chinese investors shun the Vancouver real estate market?

Will Chinese investors shun the Vancouver real estate market?

Vancouver real estate is extraordinarily expensive relative to the incomes of local residents largely because Chinese investors buy up Vancouver real
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Scotland's latest tax hike will 'crucify' mortgage lending

The Scottish housing market will be hammered by a 3% council tax increase coming into force in April – stunting how much can be lent and slowing
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Mortgage REITs

The Cherry Hill Mortgage Investment Corp. (CHMI) Receives Average . … AG Mortgage Investment Trust Inc, 25.00, +0.80, 3.31, 484.40M, 13.66, -, -.
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U.S. Mortgage Rates Remain Flat in Early February

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year mortgage rate held steady after rising last week.
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Zillow Finds New Ways To Stay Atop Heap In Online Real Estate

Zillow's mobile application as displayed on an iPhone. The company has dominated online real-estate listings through a number of means.
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Static models cannot explain the failings of a dynamic housing market

Static models cannot explain the failings of a dynamic housing market. 2 Feb 2017. In this guest Blog, Thomas Aubrey of the Centre for Progressive
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BRIEF-Spain's Popular says real estate spin-off progressing well

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Global Bank Rating Trends: 2H16
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3 Notable Runners: Comerica Incorporated (CMA), Thermo Fisher Scientific Inc. (TMO), Fidelity …

The company's Analytical Instruments segment provides instruments, … Fidelity National Financial, Inc., together with its subsidiaries, provides title
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Online mortgage broker secures investment of £4.5 million

An online mortgage broker has announced that it has received backing from fintech investors all over Europe to the tune of £4.5 million. Trussle, which
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Home prices up 22% in January compared to last year: Toronto Real Estate Board

The average selling price of a home in the Toronto area was $770,745 in January on the Toronto Real Estate Board index — $140,552 more than a
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Mansfield BS launches Versatility specialist lending brand

Mansfield BS launches Versatility specialist lending brand

We want to shout about the ways we're meeting these demands and highlight our expansive lending criteria which continues to be developed to
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Real Estate Industry Veterans Launch New Fund, Acquire First Property

3, 2017 /PRNewswire/ — Real estate industry veterans Chetan Davé and Martin Lamb recently closed on the first multifamily property acquisition of
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Quick Guide to Fidelity Real Estate Income Fund (FRIFX)

Fidelity Real Estate Income (FRIFX – Free Report) a Zacks Rank #1 (Strong Buy) was incepted in February 2003 and is managed by Fidelity
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Banking, Investing, Lending Operations – Loan Servicing – Associate

Operations – Banking, Investing, Lending Operations – Loan Servicing – Associate – Irving. Job id: 46049; Location: Dallas Metro Area; Full/Part Time
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OneTitle slashes title insurance rates

In an industry dominated by large players, upstart title insurance company OneTitle received approval from state regulators to slash its rates, the
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Real Estate Rewards Network

Find a USAA preferred Real Estate Agent to help you get up to $6000 when buying for selling a home.
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More than justified

More than justified

FHA mortgage insurance is there to protect lenders from home buyers who default on their mortgages because they got in over their heads on a home
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Mortgage lending to total 1.8 trn roubles in 2017

According to the information of the Russian Housing Mortgage Lending Agency, the total volume of the lent mortgage credits grew almost by 30% for
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Santander increases interest only lending age to 70

The new age limit will be introduced from Tuesday 7 February and the lender says the motivation for the change is to provide interest only customers
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BRIEF-Spain's Popular sees flat lending income in 2017

SINGAPORE, Feb 3 (IFR) – The People's Bank of China tightened policy slightly on the first day back from holidays, raising rates 10bp on open market
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Private sector in slow growth as banks control lending over rate cap

NAIROBI, KENYA: Activity in Kenya's private sector increased modestly in January as banks curtailed new lending to firms after an interest rate cap
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Mortgages in NI take up less earnings

Local homeowners use a smaller proportion of their disposable income to pay their mortgages than almost anywhere else in the UK, figures have
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Mortgages at most affordable level for a decade – but in London, nearly half of pay is swallowed up …

Borrowers looking to get on the property ladder can now expect to spend around 30 per cent of their take-home pay on their mortgage, compared to 48
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Pays cash for owner-financed mortgages

WE BUY MORTGAGES FOR CASH — If you have a mortgage and would like to convert it to cash. There's no cost or obligation to find out how much
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Scottish homeowners are better off for mortgage affordability

Across the UK, mortgage affordability – the proportion of disposable earnings devoted to mortgage payments – for both first time buyers and
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Building society launches specialist mortgage lending brand

Lending areas within the Versatility range include family buy-to-let mortgages, self-employed and contractors home loans, interest-only options
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The First American Corporation (The) (FAF) Position Maintained by Capital One National Association

The First American Corporation (The) (FAF) Position Maintained by Capital One National Association

The fund owned 35,559 shares of the company's stock at the end of the … The Company's segments include Title Insurance and Services, Specialty
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Inside Real Estate

Inside Real Estate – A must-read for those who buy, sell, and develop real estate. (News, Home, and Email Newsletters)
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How infrastructure status will change the reality for real estate

Such a market, which will further be made accountable through the Real Estate Regulatory Authority (RERA), could attract debt and pension funds to
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IMF rep talks tackling macro risk and boosting bank lending

After a shaky 2016 Myanmar is hoping for stronger economic growth in the year ahead. The IMF publishes its first in-depth report on the economy in
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One Of The Biggest B2B FinTech Funding Weeks In Months

It was one of the biggest weeks for B2B FinTech investment in months. Alternative lending, eProcurement and cross-border payments innovators all
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What to look for when buying a house

A smart move would be to talk with a mortgage professional, discussing all of your options, and picking the loan type that best fits your budget.
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Eye on the State: Housing crisis tied to income inequality

In areas of the state where housing production has increased over recent years, it's predominantly on the upper end of market-rate, creating an
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PBOC Hikes Standing Lending Facility Rates

BEIJING (MNI) – The People's Bank of China announced it would hike Standing Lending Facility (SLF) rates Friday, the first trading day after Chinese
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Houston, Texas: influx of youth helps property market bounce back

For many estate agents, the spillover from the big game will bring with it a chance to show off a property market recovering from a two-year oil slump
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China's housing market cools in January as policy tightening measures take effect

Average home prices in Shenzhen surged 50 per cent last year, helping transform the border city into the nation's most expensive property market.
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Lukashenko: Lending for subsidized housing construction will be increased as economy grows

Lukashenko: Lending for subsidized housing construction will be increased as economy grows

MINSK, 3 February (BelTA) – Lending for subsidized housing construction in Belarus will be increased as the economy grows, Belarus President
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Tacoma expected to see big boom in apartments

Freddie Mac says Tacoma is now considered a top-10 U.S. market for multifamily … for multifamily investment by federal mortgage lender Freddie Mac.
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SEB 'not satisfied' with mortgage growth

SEB 'not satisfied' with mortgage growth | S&P Global Market Intelligence.
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Multifamily risk-sharing debuts

Freddie Mac has priced its first offering of multifamily aggregation risk transfer certificates. The US$1bn FMPRE 2017-KT01 is backed by multifamily
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What's on the table for mortgage holders who are dealing with vulture funds?

Vulture fund Tanager is offering discounts of up to 40pc to mortgage holders on trackers if the homeowners can get them financed somewhere else.
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MUFG posts higher Q3 profit on share holding sale; lending still bleak

However, an ultra-low interest rate environment continued to drag on the lending business for MUFG – Japan's largest lender by assets – as well as
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