10 Must Reads for the CRE Industry Today (April 19, 2017)

10 Must Reads for the CRE Industry Today (April 19, 2017)

While average new capital commitments to real estate are expected to … That trend is expected to continue, and one can look back at investment
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Banks forced to scrap bonus pay schemes linked wholly to sales targets

Ex-Australian Public Service Commissioner Stephen Sedgwick's review aims to bridge the emerging trust gap between the banking industry and its
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Real Estate Coordinator II

The Real Estate Coordinator II is responsible for supporting general Real Estate functions along with providing minor administrative support to the
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Vancouver housing forum agrees on need for action amid scalding market

The rule is simply not practical now in a city with housing prices so stratospheric, fewer than one in five officers actually live in the city they serve,
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Looking at Three Big Lenders' CRE Portfolios Outside the Gateway

Germany's Deutsche Bank and U.S. lenders JPMorgan Chase and Wells Fargo were three of the top commercial real estate lenders in New York City
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America Has A New Banking King And It's 52% Undervalued

For over 100 years, Wells Fargo has been the ultimate buy-and-hold-forever banking stock thanks to its fundamental dedication to conservative and
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Vancouver real estate could experience 'market whiplash' as home sales jump: report

Just when prospective homebuyers thought they might find some relief in Metro Vancouver's real estate market, a new report suggests that while the
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Reining in Toronto housing market will need delicate pas de trois

Reining in Toronto housing market will need delicate pas de trois

Economist Derek Holt has a word of advice for the three levels of government that are looking for policy solutions to cool Toronto's overheated housing
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Usurers on the prowl at Rangat

Routine prudence advised by the law enforcing agencies notwithstanding, illegal money lending business has registered a boom in Middle Andaman
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The idea of lending long term through special institutions is not new. IDBI, ICICI and IFCI failed as …

The idea of lending long term through special institutions is not new. IDBI, ICICI and IFCI failed as markets left no scope for such lenders. It may not be
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Ontario promises curbs on hot housing market within a week

The Ontario government will take steps within a week to try to rein in the cost of buying and renting a home in the Greater Toronto Area, senior officials
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how to find online mortgage statements

Why can't I locate a place to pickup copies of my mortgage statements online? I can do it with other banks I have mortgages with! I have 2 mortgages
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Real estate broker sentenced to jail for forging verdict slip

A Suffolk Superior Court judge sentenced a disgraced Boston real estate broker Tuesday to serve a year in jail for a brazen act of forgery in 2014,
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Milbank Advises FinTech Lending Company College Ave Student Loans in Its $30 Million Capital …

Milbank advised College Ave Student Loans on a $30 million capital raise.
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Vancouver real estate developer fined $300000 for tax evasion

Canada Revenue Agency headquarters at Ottawa in November 2011. A Vancouver real estate developer has been fined $300,000 by the CRA for
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Dean Mirfin buoyed by FCA's interest-only pledge

Equity release is one option for customers with expiring interest-only mortgages, as Santander is already signposting customers to Legal & General for
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Mortgages bundled

David Madani, senior Canadian economist with Capital Economics, on a new investment offering that experts say could add fuel to the housing fire.
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Hamilton housing prices jump 17 per cent in continuing red hot market

Local realtors say it's unclear weather housing prices in the Hamilton market are being strongly influenced by non-resident speculators.
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April 19 identified as 'mortgage freedom day' for UK home owners

April 19 identified as 'mortgage freedom day' for UK home owners

Wednesday has been identified as “mortgage freedom day” – when home owners will have earned enough to cover the annual cost of their mortgage.
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Should Toronto borrow from Vancouver's real estate playbook?

The Greater Toronto Area may be the focus of federal Finance Minister Bill Morneau's meeting with his provincial counterpart and Mayor John Tory on
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New app promises to sort your mortgage by iPhone as home buying goes digital

UK home buyers will soon be able to complete their entire mortgage process through an iPhone, with a new fintech partnership being announced this
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ALLY FINANCIAL INC. (NYSE:ALLY) Files An 8-K Other Events

Ally Financial Inc. is a financial holding company and a bank holding company. … Its Mortgage operations segment includes the management of its
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CORRECTED-BMO bundles uninsured Canada mortgages into securities -Moody's (April 17)

April 18 Bank of Montreal is bundling nearly C$2 billion ($1.50 billion) of prime Canadian mortgages into securities, said Moody's in a pre-sale report
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Three levels of government won't do anything to cool Toronto's housing market, say wait until …

Federal, provincial and municipal leaders met to discuss Toronto's housing situation on Tuesday, but concrete measures to cool the booming market
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Blame zoning for 'broken' real estate market

George Donnelly disparagingly blames a “broken” real estate market (Opinion, April 11) on the failure of “the invisible hand of capitalism” to
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China bank overseer launches 'regulatory windstorm'

China's new chief banking regulator has started with a bang, issuing a flurry of new policy directives during his first month aimed at the industry's
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FCA to probe UK motor finance sector for 'irresponsible lending'

The move was announced in its business plan for 2017/2018. The FCA said it was concerned that there may be some “irresponsible lending” in the
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MortgageHippo raises $2.25M in seed funding led by CMFG Ventures

MortgageHippo, a Chicago based mortgage technology company, raised approximately $2.25 million in seed capital, led by CMFG Ventures, the
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China's real estate fever burns on, defying remedies

By comparison, a Tokyo apartment cost 18 times the average yearly income at the height of the Japanese bubble economy in 1990, says real estate
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City could select developer for 16-acre, $241M project with new city hall

On Tuesday evening, the City Commission will consider the selection of Maitland-based E2L Real Estate Solutions as the top-ranked qualifier for the
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Lawmakers push for tougher disclosures on energy loans

WASHINGTON — Lawmakers from both political parties are showing an interest in improving disclosures for loans used to upgrade home heating and
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Living the Dream Life

This property is just that little bit different, and I think you will love it.
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AFG Mortgage Index – March Quarter 2017

“With a significant amount of changes being made to the appetites and pricing of lenders, help from a mortgage broker can be vital for consumers
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ASK TONY: Can I avoid selling my £100000 home to clear my £80000 interest-only mortgage?

The mortgage has five years left to run. Santander, my lender, will extend it only to age 75, at which time I'd have to sell my home as I have no savings.
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United Airlines To Begin Re‑Banking Hubs

United Airlines plans to re-bank several of its hubs later this year, in an effort to boost connectivity in its domestic network. The strategy is a departure
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J.G. Wentworth adds three to management team, CFO to exit

Financial services company and lender J.G. Wentworth has added three new vice presidents to its management team. Jeff Frutkin was named senior
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Amid Rising Taxes, Illinois Looks to Curb Reverse Mortgage Defaults

Using funds from a federal program that dates back more than half a decade, Illinois housing counseling agencies are beginning to help reverse
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No magic wand to cool scorching housing market: Top politicians

No magic wand to cool scorching housing market: Top politicians

Prospective home buyers looking for immediate help from three of the country's top politicians to get into the GTA's red-hot housing market were out of
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No new measures to boost housing as feds, Ontario mull options to cool Toronto market

The federal and provincial governments have agreed not to introduce any new measures that would stimulate demand for housing in Canada to avoid
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Mortgage Loan Officer in Greater Oklahoma City Area & Greater Tulsa Area at GPAC

New Career Opportunity! GPAC has an opening for a Mortgage Loan Officer in Oklahoma City, OK.
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BMO sets up RMBS vehicle for breakthrough mortgage deal

Bank of Montreal has set up a securitization vehicle that could issue its first RMBS deal soon, backed by C$2bn of uninsured prime mortgages,
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FRED Awards go to top real estate companies

The teams behind the deals which include commercial real estate agents, architects, engineers, general contractors, building owners, and the
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Low Inventory Continues to Impact the Market

Housing inventory is tightening, and affordability is falling, so how will the industry react? Freddie Mac's monthly Outlook for April took a look at how
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How to eat, dress and travel like Miami's real estate king

Buenos Aires-born, Miami-based Edgardo Defortuna established Fortune International in 1983, growing it into one of South Florida's largest
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Bank lending 'flop' put under review

Russel Griggs, who has led industry-wide reviews of small business lending, is to look into whether big banks are abiding by new rules that force them
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BRIEF-Freddie mac prices $1 billion multifamily K-deal, K-725

April 18 Intuitive Surgical Inc on Tuesday increased its 2017 forecast for growth in procedures using its da Vinci surgical robots after reporting
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Non-major halts new foreign interest only lending

Non-major halts new foreign interest only lending … its new home loan policies including a freeze on new interest only lending to foreign buyers.
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Average Canadian house worth $548517 in March, up 8.2% over previous year

Canadian home prices continue to march higher, with the average up to $548,517 last month, according to figures released Tuesday. The national
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Experts: Lackluster housing construction growth is disappointing

Housing starts showed lackluster growth in March as the seasonally adjusted annual rate dropped 6.8%, disappointing economists and leaving the
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Mortgage Rates Tuesday, April 18: Down; Homebuilding Struggles in March

Mortgage rates today for 30- and 15-year fixed loans fell slightly, while rates for 5/1 ARMs remained the same, according to a NerdWallet survey of
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The Down Payment is the Big Barrier to Homeownership

In a lot of places, renters would be better off as buyers: Making a mortgage payment in almost all of the 35 largest metro areas in the U.S. is cheaper
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Worth Watching Stocks: Annaly Capital Management Inc (NYSE:NLY) , Zillow Group, Inc …

It also originates and invests in commercial mortgage loans, securities, and other commercial real estate investments; lends customized debt financing
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Quicken Loans, Commerce Bank Sees Better Mortgage Rates Apr 18, 2017

30 year loan interest rates at Quicken Loans have been published at 3.25% carrying an APR of 3.633%. 30 year VA loan deals are 2.99% and an APR
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FHA Cash Out Refinance Guidelines And Mortgage Rates For 2017

The primary disadvantage to an FHA cash out loan is the associated mortgage insurance. FHA loans require an upfront and monthly mortgage
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FEDCOC urges parliament to solve high lending interest rate issue

The Real Estate Investment Division has called on companies suffering from the high lending interest rate to send details of their problems via e-mail
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Robotic Automation Impacting Real Estate Industry, Consultant Says

Herrenkohl discussed technology trends that could impact the real estate industry. One is robotic process automation, which Herrenkohl said has the
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Historic Winter Heats Up Chicago's Housing Market

HousingWire staffer Ben Lane takes a look at a REMAX report on Chicago's March housing market, which explains that home sales were in part driven
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RBA flags continuing risks in housing market

RBA flags continuing risks in housing market

Rising risks in the Australian housing market are behind the Reserve Bank of Australia's (RBA's) decision to leave the official cash rate on hold this
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Shadow banking is now worth trillions, and we have no idea how risky that is for our financial system

As demonstrated during the 2007–09 financial crisis, lending and other credit-intermediation activities that take place outside the realm of banking
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Harrods to offload loss-making banking arm

The world's most famous department store is to throw the towel in on efforts to build a sizeable presence in the UK banking market by hoisting a 'for
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Robots, retinal scans and the evolution of brick-and-mortar banking

Robot bank tellers could someday be a reality, but changes in brick-and-mortar banking are already well underway. As popularity in mobile banking
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Metro libraries now lending Wi-Fi hotspots

On Monday, the three libraries began lending Wi-Fi “hotspot” devices to patrons to check out for up to three weeks. Each of the devices will let users
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'The hype was crazy': In Toronto's real estate lottery, the winners pity the losers

If real estate is a lottery draw, Toronto-area homeowner Marni Blouin won the jackpot. Blouin and her husband purchased their modest detached
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Challenger Bank Revolut Partners with Trussle to Provide “Hassle Free” Mortgages

Revolut and Tussle have partnered to provide mortgage broking services directly to the Revolut App. The digital only bank will now enable Revolut's
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The Future Of Glass-Steagall And The Banking Industry

President Trump introduced the possibility of breaking up the large banks in his presidential campaign, and the the issue keeps coming up concerning
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Experts Discuss Housing Market in Virginia

The housing market in Virginia is seeing some upward trends, but experts still have their concerns. A panel of lawmakers in Richmond heard an
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Wells Fargo Customers Can Now Use PayPal at the POS

Wells Fargo is bringing PayPal to the point of sale. The bank's mobile customers will now have the ability to make purchases through the mobile wallet
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'shared concern' over Toronto's hot housing market

Sousa, Morneau, Tory discuss 'shared concern' over Toronto's hot housing market. Home News Sousa, Morneau, Tory discuss 'shared concern' over
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Camden National (CAC) At $41.59 Forms Top; Iberiabank (IBKC)'s Sentiment Is 1.47

The Firm is a holding firm for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title
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Agents Hope To Sell Maplewood Officials On Looser Restrictions For Real Estate Signage

'For sale,' 'under contract,' and other real estate signs can be found all around Maplewood, New Jersey, but agents are frustrated by township limits to
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Ontario Government Plans Action Against Speculation in Toronto Housing Market

TORONTO—Canadian officials from various levels of government vowed Tuesday to move in tandem to tamp down exuberance in the Toronto
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CNBC: Financial Planners “Remiss” to Not Suggest Reverse Mortgages

CNBC included reverse mortgages in a list of “innovative approaches” to protecting retirees' portfolios in down times, citing a financial advisor who
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Mortgage Consultant

Prosperity Home Mortgage, LLC is one of the Mid-Atlantic's largest and most respected mortgage lenders. We provide a wide array of products,
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Real estate firm breaks ground on $6 million storage project in Huntsville

A Georgia-based company that says it is redefining self storage has broken ground on a state-of-the-art project in Huntsville. NitNeil Partners is
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CFPB issues Fair Lending Report

This story appeared in Bank Digest. The Consumer Financial Protection Bureau has issued a report describing efforts of the bureau's Office of Fair
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Lenders: You can double risk-taking and still remain below pre-crisis levels

A lower HCAI shows lenders are not willing to tolerate defaults and are imposing tighter lending standards, making it harder to get a loan, whereas a
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Revolut joins forces with online mortgage broker Trussle

Banking challenger Revolut has today joined forces with the UK's first online mortgage broker Trussle to give users direct access to its mortgage
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Impac Mortgage Holdings, Inc. Announces $56 Million Offering

Impac Mortgage Holdings, Inc. Announces $56 Million Offering

IRVINE, Calif., April 18, 2017 (GLOBE NEWSWIRE) — Impac Mortgage Holdings, Inc. (NYSE MKT:IMH) (the “Company” or “Impac”) announced today
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Memorial Hospital

Our Long Beach Memorial Hospital Farmers & Merchants Bank branch is one of 24 in Southern California.
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First-Ever Integration of Commercial Real Estate Appraisal Management and Appraiser Software …

Commercial real estate lenders are getting what they've been asking for: the first-ever integration of a bank appraisal management platform with the
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Mortgage Defaults Climb Slightly

According to the March 2017 Consumer Credit Default Indices released by S&P Dow Jones Indices and Experian, mortgage default rates are up one
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Cityscape marks a shift in real estate

Cityscape started yesterday, and its early moments suggest a positive shift is under way in Abu Dhabi's real estate market. As The National reported
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Morneau, Sousa and Tory meet to talk housing market

Federal and Ontario finance ministers say that while they are concerned about diminishing housing affordability in Toronto, they will not introduce
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Inventory remains low, sales continue to grow in Baton Rouge housing market

Inventory remains low in the Baton Rouge area housing market, though home sales have continued to grow since the August flood, according to the
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BMO to offer mortgage-backed securities

Non-federal-backed residential mortgages worth almost $2 billion are to be offered by Bank of Montreal as mortgage-backed securities, the Globe and
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Lendingkart Finance eyes ₹1600-cr loan disbursements

Digital lending platform for SMEs, Lendingkart Technologies, through its arm Lendingkart Finance eyes ₹1,500-1,600 crore worth of loan
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The housing market looks set to be quiet in the run up to the election, but David Hargreaves …

The confirmation in the latest Real Estate Institute sales figures that the New Zealand housing market was generally subdued through March makes it
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Inventory is Key to 2017 Housing Market

The housing inventory, or lack of it, dominates Freddie Mac's Outlook for April. The company's Economic and Housing Research team says the supply
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UK banking lobby chief to step down in the summer

LONDON, April 18 (Reuters) – British Bankers' Association (BBA) chief Anthony Browne will step down in the summer, the trade body said on Tuesday,
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Morneau, Sousa, Tory pledge cautious action to tame housing market

Leaders from all three levels of government collectively acknowledged Tuesday that action is need to cool the city's red-hot housing market, but at the
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Banks Save over $10000 on Average with ABA Endorsed Mortgage Solutions

“Through our endorsed solutions providers, ABA member banks have access to comprehensive programs that allow them to increase their mortgage
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BRIEF-Freddie Mac projects home sales to decrease to 5.90 mln in 2017

WASHINGTON, April 18 The U.S. Supreme Court on Tuesday appeared skeptical of widening the scope of who can be subject to a federal law
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Analyst on market reaction to bank earnings: We're in a stock-pickers market

Goldman Sachs surprised investors after reporting disappointing first-quarter earnings, a rare occurrence for a bank that normally beats Wall Street
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Chief Euro-Zone Bank Supervisor Concerned about Rate Increase

Danièle Nouy, the euro zone's most senior bank supervisor, is concerned about the potential impact of an interest rate increase on the balance sheets
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'Underhand banking costs loan customers up to £400m a year'

Underhand tactics by banks are costing borrowers as much as £400 million a year, according to one of Britain's biggest banks. The report by TSB
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Tool lending available for citizens

Editor's note: The City of Fairborn proclaimed April 17-April 22 as Community Development Week. Therefore, check this week's Tuesday-Saturday
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Ellie Mae updates Encompass to support new HMDA requirements

Ellie Mae released an updated version of Encompass, its mortgage management solution, which integrates coming requirements under the new
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Unfinished Business: Reform of Mortgage Market, Part II

Unfinished Business: Reform of Mortgage Market, Part II

There is no question the Trump administration wants to make changes to the financial system. (What is not clear is where this issue fits in the long list
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CMFG Ventures Invests in Online Mortgage Platform

CMFG Ventures LLC announced Tuesday that it has invested in a Chicago startup company that provides online mortgage origination systems to
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7 Key Takeaways From Bank of America's Earnings Report

Bank of America (NYSE:BAC) reported first-quarter earnings that beat analyst estimates on the top and bottom lines, but that only tells part of the story.
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Bank of America reports 1Q results well above analyst estimates

Bank of America Corp.'s first-quarter earnings came in well above analysts' estimates Tuesday morning before markets opened. The Charlotte
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Mortgage 101: Just what the doctor ordered

People who choose to be a medical doctor normally do so for a combination of reasons. This can include the ability to help patients improve their lives
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Why B of A's Moynihan is confident about bank lending

Bank of America CEO Brian Moynihan tried to reassure markets Tuesday that bank lending is less challenged than it looks. Only a few days into the
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Banks are suddenly scaling back lending, and Wall Street isn't sure what to make of it

As of last week, commercial and industrial lending had not increased since September 7, the first six-month period of declines since the aftermath of
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Institutional Investors to Rein In Capital to Real Estate

Despite the pull-back, the survey, 2017 Institutional Investors Real Estate Trends, shows investors are largely confident in U.S. real estate, with 72
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GSE Reform: Looking At Sector-Specific Outcomes

The reform of government-sponsored enterprises Fannie Mae and Freddie Mac is one point of business that has maintained bipartisan support in
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Little doubt foreign buyers are pumping up Victoria's housing market, says BMO chief economist

Porter noted Victoria is the only city outside of Ontario with a double-digit average price gain in the past year with the home price index up 20 per cent
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Why people across Canada should care about Toronto's housing market

A for sale sign is shown in front of west-end Toronto homes, Sunday, April 9, 2017. The Ontario government is considering a tax on non-resident
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JSE all share closes lower with miners and banking stocks faring worst

The JSE closed weaker on its first trading day after the Easter long weekend as banking and mining stocks retreated. Miners were on the back foot as
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Surviving Canada's Housing Market in the age of 30% Growth

Evening Event: Surviving Canada's Housing Market in the age of 30% Growth. A panel featuring: Alex Avery, Managing Director, Institutional Equity
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Housing market in “a frenzy”

A Belleville real estate official says the housing market in Belleville and Trenton has “gone into a frenzy.” Manager of Royal LePage ProAlliance Realty
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Why first-timers should rethink buying in a hot housing market

The Fear of Missing Out phenomenon in the housing market is leading to bad buying decisions. First-time buyers should be much more afraid of
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OCC Publishes New “Retail Lending” Booklet

Last week the Office of the Comptroller of the Currency published a “Retail Lending” booklet, a new addition to the Safety and Soundness Asset
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Harrods mulls the disposal of its banking unit as it meets with prospective advisers

The famous department store is interviewing potential advisers about handling a disposal of its banking unit, according to Sky News' Mark Kleinman.
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Mexico builders urge banks to improve lending

Mexican construction association CMIC has called on commercial and developmental lenders to simplify and improve access to financing for project
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RBC Hires Biotech Research Heads, Expands Health Banking Team

Meanwhile, Nate Chang and Shane Kovacs will join RBC's U.S. health-care investment banking group as managing directors. Chang previously was
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Refinance rates slide for Tuesday

You can use Bankrate's mortgage calculator to get a handle on what your monthly payments would be and see what the effects of making extra
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China's Minsheng Bank sees investor trust vanish – along with 3b yuan

China's Minsheng Bank sees investor trust vanish – along with 3b yuan

The disappearance of 3 billion yuan (US$436 million) from China Minsheng Bank's private banking accounts has once again highlighted Chinese
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Toronto Mayor John Tory says there are no 'magic answers' when it comes to cooling the GTA's red …

The trilateral meeting occurs as the Canadian Real Estate Association issued its latest data on home prices. According to Tuesday's CREA figures, the
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Grand Rapids housing market is third 'healthiest' among 'big cities'

Grand Rapids has the third-“healthiest” housing market when compared to the nation's “big … Grand Rapids was tops for average days on the market.
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Denver housing group sues Bellco Credit Union saying it denies mortgages to women on maternity …

The Denver Metro Fair Housing Center has sued Bellco Credit Union in federal court claiming that its policy of denying home mortgage loans to
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Multifamily Lender Greystone Expands Into Phoenix

The office will focus on Fannie Mae, Freddie Mac, FHA and CMBS real … million Freddie Mac Small Balance Loan to refinance a mixed-use property
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Mortgage Rates Fall After Post-Election Spike

Mortgage Rates Fall After Post-Election Spike … Diego homebuyers spending about $64 less per month on mortgage payments for someone buying a
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Golub Capital's Late Stage Lending Group Provides Growth Financi

SOURCE Golub Capital. SAN FRANCISCO, April 18, 2017 /PRNewswire/ — Golub Capital announced today that its Late Stage Lending group (“LSL”)
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Fannie Mae recognizes Associated Bank as STAR™ Performer for mortgage servicing excellence for

GREEN BAY, Wis., April 18, 2017 /PRNewswire/ — Associated Bank is recognized for the fifth year for its mortgage servicing performance as part of an
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Here's why the housing market continues to struggle with low inventory

“Tight housing inventory has been an important feature of the housing market at least since 2016,” Freddie Mac Chief Economist Sean Becketti said.
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Mortgage Rates Today, April 18, 2017, Plus Lock Recommendations

Mortgage rates today dropped nicely for many lenders and programs. Investors are still skittish about impending aggression that could potentially suck
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GSEs Expand Credit Box, Take More Lending Risk

While interest rates may be rising, there is one facet of lending that might still please homebuyers: Credit availability is high—at least with GSEs.
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Strong rupee, weakness in banking & retail businesses hit TCS net profit

Revenue contribution from TCS' largest vertical — banking, financial services and insurance (BFSI) segment — shrunk to 39.9 per cent from 40.4 per
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Windows Hello: This bank wants you to log into your account with your face or fingerprint

Lloyds Banking Group is to test Microsoft's Windows Hello biometric authentication with customers accessing their Lloyds, Halifax and Bank of
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Freddie Mac Prices $1 Billion Multifamily K-Deal, K-725

MCLEAN, VA — (Marketwired) — 04/18/17 — Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates (K
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30-Year Fixed Mortgage Rates Fall to 3.72% – Zillow

The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.72 percent, down 12 basis points from this time last week. The 30-year fixed
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SOFORT Banking

Accepteer betalingen via SOFORT Banking, een van de populairste betaalmethoden in 13 landen. Online binnen 10 minuten en betaal alleen per
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In charts: Tracking house prices in Canada's hottest housing markets

Canada's two biggest real estate markets continued their diverging paths in the first quarter of 2017, according to a new report by realtor Royal
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Coast developer looks to prime real estate's future

MANY OPTIONS: Sunshine Coast developer Graeme Juniper is considering what to do with a prime piece of real estate he owns on Radical Bay on
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Partners Announces $3.0 Million Mortgage at Alberta Property

UN) is pleased to announce that it has finalized a $3.0 million mortgage at the REIT's Shoppers Drug Mart property (“137th Avenue”) in Edmonton,
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NamPost set to provide clients with access to better banking platform

Standard Bank signed a sponsoring banking relationship agreement with Namibia Post Limited (NamPost). At a press on Tuesday, from left-to-right
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CFPB Issues its Annual Fair Lending Report and Sets its 2017 Agenda

CFPB Issues its Annual Fair Lending Report and Sets its 2017 Agenda

The CFPB has issued its 2016 Fair Lending Report which provides a summary of the Bureau's efforts in fair lending for 2016. The Report also includes
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Preferred Tenants

7 Eleven; Advance Auto Parts; AT&T; Auto Zone; Bank of America; Big Lots; Buffalo Wild Wings; Chase Bank; Chick fil-A; Chipotle Mexican Grill
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Saint John Housing Market Described As Thriving

The latest survey on house prices released by Royal LePage describes Saint John as one of the most affordable regions in the country. It goes on to
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CFPB sues Ohio law firm for illegal debt collection practices

The Consumer Financial Protection Bureau filed a lawsuit Monday against an Ohio law firm for allegedly engaging in illegal debt collection practices
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Canadian home sales hit record in March as Toronto prices soar

Cathcart noted that Toronto's real estate trends now encompass the entire Greater Golden Horseshoe. “So instead of being 20 per cent of Canada,
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US bank deregulation, free in-credit banking in the UK and Goldman results

The Financial Times banking team discusses the biggest banking stories of the week, bringing you global insight and commentary on the top issues
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30-Year Fixed Mortgage Rates Fall to Lowest Levels Since November; Current Rate is 3.72 …

SEATTLE, April 18, 2017 (GLOBE NEWSWIRE) — The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.72 percent, down 12 basis
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DTI, SBCorp iron out micro-lending rules

A P1-billion lending program, P3 provides micro, small and medium enterprises (MSMEs) an alternative source of financing that is easy to access and
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Golub Capital's Late Stage Lending Group Provides Growth Financing To Switchfly, Inc.

SAN FRANCISCO, April 18, 2017 /PRNewswire/ — Golub Capital announced today that its Late Stage Lending group (“LSL”) provided growth
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Best bet for single-family construction loans is smaller banks, study suggests

… may have better luck with small and midsize banks than larger ones, according to a recent report by the National Association of Home Builders.
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Province pondering tax on non-resident real estate speculators

Toronto Mayor John Tory has said he plans to discuss the city's lagging rental supply, a vacant property tax and the lack of real estate data at today's
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Predicting the 2017 Winners in Real Estate Tech

Real estate has long been an intriguing investment vehicle. And while memories of the Great Recession may still loom large in potential investors'
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Tiny Lending Libraries popping up in communities across P.E.I.

Reading Town P.E.I.'s Tiny Lending Library promotes literacy by building free book exchanges — miniature houses for books — that are then adopted
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Montana real estate agent sues neo-Nazi website over 'troll storm'

A Montana real estate agent who said she and her 12-year-old son received hundreds of threatening anti-Semitic messages after a neo-Nazi website
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Mortgage Loan Officer Needed

Job Description Synergy Financial Partners lends on Conventional A/B Paper, Commercial, and Private Money loans. Our branch location in
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HousingWire's 2017 Women of Influence nominations are now open!

HousingWire is proud to announce that we are now accepting nominations for the 2017 Women of Influence, our opportunity to honor the housing
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Hazeltree boosts liquidity network

Buy-side treasury management solutions provider Hazeltree has added Federated Investors to its network to provide liquidity services for funds with
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​Synovus buys Cabela's banking assets, revitalizes Bass Pro-Cabela's merger

Columbus, Ga.-based Synovus Financial Corp. (NYSE: SNV) acquired Cabela's Inc. (NYSE: CAB) banking operation, which has revitalized Bass Pro
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Three Steps Your Lending Operation Should Be Taking to Mitigate Synthetic Identity Fraud …

The lending community is mobilizing against synthetics. But a series of obstacles stand in the way: With no true customer, fictitious accounts can be
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Wells Fargo scandal weighs heavily on other big banks

This April 11, 2017, photo shows a Wells Fargo bank in northeast Jackson, Miss. Banking executives and consultants who normally focus on checking
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CFPB To The Rescue: Revisions To The Revised HMDA Rules

CFPB To The Rescue: Revisions To The Revised HMDA Rules

BLOG VIEW: With mortgage lenders just getting over the challenges created by the qualified mortgage/ability-to-repay rules, as well as the
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Kasasa Checking

3 different accounts to choose from and each one rewards you for banking with us! Free Kasasa Cash® | Free Kasasa Cash® Back Checking | Free
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Winnipeg's housing prices remain flat: survey

A new Royal LePage survey found that Winnipeg's housing market remained relatively flat in the first quarter of 2017, despite the province being in a
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The US SaaS Mortgage Software Market: Size, Trends & Forecasts (2017-2021) – Research and …

Growth of the overall US SaaS Mortgage Software market has also been forecasted for the period 2017-2021, taking into consideration the previous
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Freddie Mac April 2017 Outlook

MCLEAN, VA–(Marketwired – Apr 18, 2017) – Freddie Mac ( OTCQB : FMCC ) … Quote: Attributed to Sean Becketti, Chief Economist, Freddie Mac.
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Bilingual Senior Associate

Look at bilingual senior associate – mortgages jobs in Montreal in Quebec and find all job offers at Options Personnel | Monster.ca.
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Rising land values consigning affordability to the suburbs

With land in short supply but financing still cheap, builders and brokers of local real estate gathered for the Vancouver Real Estate Forum on April 9 to
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Online lender SoFi has a new $105 million fund for yield-hungry investors

SoFi, the online lending start-up sporting a lofty $4.3 billion valuation, has just raised a $105 million fund to give outside investors another way to buy
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Top banks reveal Q1 securities services growth

Citi's markets and securities services revenue reached $4.8 billion in Q1 2017, as J.P. Morgan noted gains in prime services and corporate derivatives
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Would You Buy Standard Pacific Corp (NYSE:CAA) On These Analyst Ratings?

The Financial Services segment includes mortgage financing operation, which provides mortgage financing to its homebuyers in the markets, in which
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VFW Post installs officers, retires mortgage

About 40 members and guests of North Beach VFW Post 8956 gathered Wednesday afternoon for an installation of officers and a celebration of
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Investor Update on Shares of Real Estate Select Sector SPDR Fund (XLRE)

After a recent look, the 14-day ATR for Real Estate Select Sector SPDR Fund … Investors may use multiple technical indicators to help spot trends and
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Lack of inventory dogs Cowichan real estate

The Vancouver Island Real Estate Board say low inventory continues to limit Vancouver Island buyers. Cowichan Valley Director Lovina Miller says
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Halifax housing prices grow three per cent, still well below national average

The aggregate price of a home in Halifax grew by more than three per cent in the first quarter of this year to $306,944, well below the national average,
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Mortgages

Then let's discuss the right mortgage financing together. Alternatively, you can finance your business and investment properties with us via a leasing
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E-Deposit Sign in

City National provides entrepreneurs, professionals, their businesses and their families with complete financial solutions on The way up®.
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Video: DC realtor blends rap with real estate

Evers & Co. real estate agent Kevin Poist often uses video as a way to help market himself. In a new video, two of Poist's clients rap about what
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Ten questions to ask your mortgage advisor

Buying a property, of course, goes hand in hand with mortgage finding, but before you add your signature to your home application forms, make sure
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March home sales hit record high in Canada: Canadian Real Estate Association

A real estate agent puts up a “sold” sign in front of a house in Toronto. According to the Canadian Real Estate Association, home sales in Canada hit a
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Prequalification versus loan commitment and other real estate myths

A prequalification letter is not a binding loan commitment. Once homebuyers formally apply for a loan, even with a prequalification letter in hand,
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