Senate Approves Counseling Requirement for Reverse Mortgages

Senate Approves Counseling Requirement for Reverse Mortgages

The Senate approved a bill late Thursday that would require lenders to provide counseling to home owners before issuing a reverse mortgage.
See Original Article

Mortgage Loan Marketing Officer / Manager

Carefree Finance Company Limited is hiring Mortgage Loan Marketing Officer / Manager. 5.5 Working Week. Discretionary Year-end Bonus . Medical
See Original Article

Govt to subsidise mortgage loans, cap interest at 10%

An affordable housing financing fund that Government plans to set up next month will subsdise mortgage loans on affordable housing to an extent that
See Original Article

Business loans seen as key driver of overall lending growth

PETALING JAYA: MIDF Research, which continues to be positive on the banking sector, believes business borrowings will be one of the key drivers
See Original Article

Local veteran and family given mortgage-free home

Military Warriors Support Foundation has given Jorge Garcia, a medically retired veteran, a mortgage-free home. The San Antonio-based foundation
See Original Article

Exclusive Event-Real Estate Agents! Ft. Mitchell, KY-June 19/17

If you are considering a career in real estate, why not start at the top? Learn how to reach your own personal goals and earnings potential through a
See Original Article

'Banking consolidation via closure, merger soon'

Mumbai: Uday Kotak has sounded the alarm on the precarious situation in the banking industry and has said that the current industry structure is not
See Original Article

GOP Keeps Payday Lending Alive By Hiding Provision in Bill

It's no secret that in communities of color, payday loan companies are everywhere. Easy money lenders know Black and Hispanic Americans are paid
See Original Article

Who coughs up if your bank folds?

The country has no insurances for depositors other than an “implicit” guarantee that the government, and ultimately the taxpayer, would rescue bank
See Original Article

Kumar to head Citi's consumer banking

Mumbai: Citi has appointed Shinjini Kumar to head its consumer banking business in India in place of Kartik Kaushik, who has moved to a global
See Original Article

ORM SOX and Ops Control Testing Senior

ORM SOX and Ops Control Testing Senior

Job opening for ORM SOX and Ops Control Testing Senior at iBee.
See Original Article

Two Banks Added to ABAQ Index

The American Bankers Association added two banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 334 community
See Original Article

Mortgages highest on Auckland's North Shore as homeowners face lifetime of debt

Some North Shore homeowners are struggling to pay off their mortgages, resorting to interest-only payments, according to budget advisor Brian
See Original Article

Community Real Estate Group merges with Nothnagle Realtors

“We are very excited to welcome Kevin Esparza and the Community Real Estate Group to the amazing team at Nothnagle Realtors,” he said.
See Original Article

Can This Stock Make a Ripple in the Market: Investors Title Company (NASDAQ:ITIC)

Investors Title Company (NASDAQ:ITIC) are being monitored closely by investors today as the name is currently priced at $187.70, a -0.05%
See Original Article

AIB and the banking sector

We would get almost the same in dividend over 10 years and still own a profitable bank! This bank is now a golden goose. Please don't sell it! – Yours
See Original Article

Property market scaremongers need to pipe down

There's nothing like a prominent visiting economist spruiking imminent ruination to get plenty of media attention. Heavens, the talent doesn't even
See Original Article

Manager Credit Assessment

Manager Credit Assessment

This Global Financial Services firm has an opening for a Credit Team Manager to join their Mortgage division in Sydney's vibrant CBD. With a
See Original Article

'Good times aren't over' in Charlotte commercial real estate — but caution is in play

Though most have continued optimism about the state of Charlotte commercial real estate, some leaders say they're becoming more selective about
See Original Article

Former state banking commissioner to join Boston home mortgage startup

Massachusetts' former top financial watchdog David Cotney is joining tiny Boston startup RateGravity Inc. as a regulatory advisor, the company
See Original Article

Bankwest increases mortgage interest rates by 76 basis points

The bank is creating a new category of low deposit lenders for those with less than 5 per cent deposit by raising rates to 5.29 per cent, up from 4.53 per
See Original Article

NDP-Greens seek ways to cool British Columbia's housing market

An NDP government supported by the Greens would act quickly to cool British Columbia's hot real estate market by creating more affordable housing
See Original Article

Action 9 talks to the FBI about a sophisticated scheme facing home buyers

Unknowingly, title company owner Renee Sowards wired the Hammerling's cash to … The couple filed a claim against the title company's insurance.
See Original Article

Real estate broker pay in Boston far exceeds the national average

​In the often volatile, cyclical world of commercial real estate, 2016 marked a strong year for Boston brokers: On average, Boston's commercial real
See Original Article

Exclusive: Portland real estate titan hangs it up nearly 25 years after creating his influential firm

Nearly 25 years after co-founding the real estate merchant bank ScanlanKemperBard — and after more than four decades in the real estate business
See Original Article

Investors Title Company (ITIC) Moves Higher on Volume Spike for June 01

Investors Title Company (ITIC) traded on unusually high volume on Jun. 01, as the stock gained 0.69% to close at $187.70. On the day, Investors Title
See Original Article

2 Smart Plays on Rising Wealth in This Asian Giant

Indonesian banks that are growing their consumer lending are a savvy way to play the increasing wealth of the middle class and rising demand for
See Original Article

How digital banking is changing customer behavior

How digital banking is changing customer behavior. Here are some major ways that mobile banking, P-to-P payments and fintech are changing
See Original Article

Sunshine Bank, Plant City, Florida

Education Center. Demos for Sunshine Bank Products and Services. View featured step-by-step tutorials. Learn More. Promo Mobile Banking
See Original Article

House prices fall 3 months in a row

The building society's closely watched house price index is the latest in a string of reports that show the property market is beginning to struggle.
See Original Article

Traders are Looking Closer at These Shares: Investors Title Co (ITIC)

Watching the levels on shares of Investors Title Co (ITIC), we have noted that the beta research opinion is currently Buy. This signal uses a system
See Original Article

TOC Property Backed Lending Trust PLC Plans Dividend of GBX 1 (PBLT)

TOC Property Backed Lending Trust PLC logo TOC Property Backed Lending Trust PLC (LON:PBLT) declared a dividend on Thursday, June 1st.
See Original Article

Mortgage TC Senior Manager

The candidate will be a Sr. Manager within the Banking Credit Consulting practice with a focus on Residential Mortgage Transformation within the
See Original Article

Wells Fargo shakes up mortgage sales leadership team

Meanwhile, Wells Fargo also announced Greg Gwizdz, who had served as head of the company's Home Mortgage retail sales organization, Drew
See Original Article

Foreign Buyers Impact Luxury Coastal Cities, Not Overall US Housing Market

According to the newly released 2017 Q2 Zillow Home Price Expectations Survey, international buyers of residential real estate in the U.S. don't have
See Original Article

Ten-X: Existing home sales to drop in May

Ten-X: Existing home sales to drop in May

Existing home sales will slip slightly in May, according to the Residential Real Estate Nowcast from Ten-X, an online real estate transaction
See Original Article

Toronto needs more housing options to keep top talent

Toronto has plenty of one-bedroom-plus den condos but demand for lowrise homes push up prices. (Andrew Francis Wallace / Toronto Star) | Order
See Original Article

Duluth's Affordable Housing Market Addressed

DULUTH, Minn. – Elected officials, landlords and community groups discussed issues regarding the city's affordable housing market at the 5th annual
See Original Article

Dull sentiment clouds housing market

A lackluster sentiment lingered over Shanghai's housing market last month amid stringent restraint measures while two holidays during the month also
See Original Article

Student housing study in the works

A study to gauge the saturation of Greenville's student housing market could include a series of public input sessions and securing a real estate
See Original Article

Nixa Chamber: Little Free Lending Library

The Nixa Area Chamber of Commerce holds a ribbon cutting for the Nixa Parks Department at the Gardens at Woodfield at 441 N. Truman Blvd. to
See Original Article

HUD Secretary Carson: Homeownership is the foundation of the economy

In honor of the first day of National Homeownership Month (so declared by President Donald Trump this week), the Department of Housing and Urban
See Original Article

'Pool Kings': These Swimming Pool Trends Are Hot, Hot, Hot!

Want to get an eyeful of the coolest, craziest swimming pools out there today—and maybe get some ideas for what you could build in your very own
See Original Article

Price cutting gains momentum in U.S. housing market

Prospective home buyers in the market this summer could find a number of deals awaiting them. Renters might be able to find some deals, too.
See Original Article

Home prices cool, 'but not enough'

Norway's notoriously high housing prices, especially in the Oslo area, are showing signs of flattening out in the midst of an unprecedented
See Original Article

Softer housing market no confirmation of peak

Although new figures from CoreLogic point to softer housing market conditions, researchers from the firm have refrained from declaring that the market
See Original Article

The Hottest Real Estate Markets In May

House prices are continuing to climb. The national median list price reached $275000 last month, which was 10 percent higher than the same time
See Original Article

Locked Out Of The Housing Market? Here Are The Suburbs To Consider

Deputy Prime Minister Barnaby Joyce's controversial answer to housing affordability was telling young people to forget about the big cities and move
See Original Article

Pete Mark, prominent in Portland real estate and business, dies at 91

PORTLAND, Ore. — Melvin “Pete” Mark Jr., one of the storied names in Portland real estate, has died at the age of 91. Mark formed Melvin Mark Cos.,
See Original Article

Mortgages Since 1955 Pri…

Mortgages Since 1955 Private funds for 1st &…. Mortgages Since 1955 Pri… Mortgages classified ad of the London Free Press Classified. London
See Original Article

No strings attached: Calgarians get Alberta's first instrument lending library

In the words of everyone's favourite aardvark, 'having fun isn't hard when you've got a library card' — especially at Alberta's first instrument lending
See Original Article

More Bad News On The State of The Housing Market

[This post on More Bad News On The State of The Housing Market is from Lee Adler. To find out more about his work – visit Wall Street Examiner.].
See Original Article

Cisco Spark case study – Signa Real Estate

Case study on Cisco Spark implementation and adoption by Signa Real Estate Austria. Learn how Signa Real Estate stays ahead of the competition
See Original Article

SBI wants DoT to help protect banking sector's ₹4-lakh cr exposure to telecom

Worried about the banking sector's huge exposure to the telecom industry, State Bank of India has asked the Department of Telecom to work out a
See Original Article

Deutsche Bank Disposing Of Polish Operations In Bid To Shore Up Balance Sheet

Deutsche Bank is reportedly in the process of exiting its retail banking operations in Poland – a move that will allow the German bank to raise some
See Original Article

Portland real estate giant, philanthropist Melvin 'Pete' Mark dies

Portland real estate giant, philanthropist Melvin 'Pete' Mark dies

Mark was chairman of the Melvin Mark Cos., a commercial real estate firm that manages more than 3.1 million square feet of office space. He was a
See Original Article

Credit Assessor

Work for a progressive & forward thinking finance company with a strong brand presence. Assess mortgage applications – must have a DLA.
See Original Article

Boston Logic acquires real estate CRM provider Propertybase

Boston Logic, a provider of software, online marketing and design services to real estate companies, announced Thursday that it acquired
See Original Article

Stifel Financial Corp Purchases 75857 Shares of Annaly Capital Management, Inc. (NLY)

Stifel Financial Corp boosted its stake in shares of Annaly Capital … Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT).
See Original Article

Big banks, medium banks and why the distinction really matters

However, complying with enhanced supervision is costly to the banks subject to it, which is why there is a strong push among large banks to raise the
See Original Article

CUNA reiterates request for extension of small biz lending RFI

CUNA and several credit unions met this week with representatives from CFPB to discuss the recently released RFI regarding the small business
See Original Article

College Softball: Tigers banking on experience and resiliency at Women's College World Series

LSU is hoping that recent experience at the Women's College World Series will serve the team well in 2017. College Softball: Tigers banking on
See Original Article

National Bank tightens lending standards, wants more direct business

National Bank is restricting access to its mortgages outside its home province in a move which will mean fewer originations through brokers.
See Original Article

10th Circ. Revives TCPA Suit Against Tribal-Owned Lender

A three-judge panel concluded in a published decision that there is a “need for further factual development” related to Great Plains Lending LLC's
See Original Article

turn up the heat with these specials

You are leaving Bay Bank's Web site and linking to a third party site. Please be advised that you will then link to a Web site hosted by another party,
See Original Article

Consumer group receives complaints about reverse mortgages

A report published this week by the Consumer Financial Protection Bureau shows complaints about reverse mortgages continues to make up a larger
See Original Article

NBP: Banking sector stable

Poland's banking sector is stable and resilient, according to the latest financial stability report compiled by Poland's Central Bank (NBP). However
See Original Article

Deutsche Bank reaches $95 million settlement with Maryland related to housing crisis

Frosh said the bank failed to take steps such as verifying loan-to-value ratios, home buyers' credit worthiness and property values for the mortgages
See Original Article

AA launches new best-buy fixed five-year mortgage – here's how you could switch to a cheaper …

A NEW “best-buy” mortgage has been launched for first-time buyers, and it's available to those with just a 5 per cent deposit. The five-year fix offers a
See Original Article

Recity analyses key development trends in Washington DC

Real estate pipeline data and analytics company Recity has just released a new analysis about future development trends in the Washington DC area.
See Original Article

AA Mortgages launches new high-LTV five-year fixed rates

AA Mortgages has launched a new product range including its lowest ever five-year fee-free fixed rates at 90% and 95% LTV. Five-year fixed rates are
See Original Article

New index rates housing markets according to property salability

ATTOM Data Solutions, curator of a multi-sourced property database, released its first Pre-Mover Housing Index, which shows markets where homes
See Original Article

Freddie Mac: Average Rate For A 30-Year Mortgage Hit New Low For 2017

“In a short week following Memorial Day, the 10-year Treasury yield fell four basis points,” says Sean Becketti, chief economist for Freddie Mac, in a
See Original Article

Is New York real estate showing symptoms of distress?

Is New York real estate showing symptoms of distress?

When real estate developer Billy Macklowe proclaimed, “I think retail is fucked, plain and simple,” in late April, he was echoing a sentiment widely
See Original Article

(Escrow) Specialist – RE Title Company

We are an established NATIONAL title company – Headquarters located in Rockville, MD. Immediate Opening for our Funding Department- looking for
See Original Article

Trump allies push new Fannie and Freddie reform plan

Trump allies push new Fannie and Freddie reform plan … plan that would free the mortgage giants Fannie Mae and Freddie Mac from US government
See Original Article

Garden Park Apartments in Arlington sold, and other top real estate transactions

MITR Investments LLC purchased a 31,249 square-foot shopping center at 2520 NE Green Oaks Blvd. in Arlington. Troy Morgan of Structure
See Original Article

West Dallas residents sign mortgages to buy homes

The homes cost $65,000 with no down payment and a 20-year mortgage. Some have already taken advantage of the offer and signed on the dotted
See Original Article

Omnia Real Estate Services, Planet Home Lending (PHL) Announce Preferred Vendor Status Award

Omnia, a California based real estate services firm, announced Tuesday Planet Home Lending has awarded official vendor status to the company.
See Original Article

Real estate sales rise 10.3% in Q4 2016

In the fourth quarter of 2016, nationwide real estate unit sales agreements totalled 202,652, increasing by 10.3% over the same period of the previous
See Original Article

Citi appoints Shinjini Kumar as Head of Consumer Banking, India

Citi on Thursday announced the appointment of Shinjini Kumar as Consumer Business Manager, Global Consumer Banking, India, effective June 24.
See Original Article

Public Employees Retirement Association of Colorado Reduces Stake in Invesco Mortgage Capital …

IFP Advisors Inc increased its stake in Invesco Mortgage Capital by 5.4% in … mortgage loans, and other real estate-related financing arrangements.
See Original Article

UMH Properties, Inc. Announces New Mortgage Loan

This Federal Home Loan Mortgage Corporation (Freddie Mac) mortgage loan has a 10-year maturity with principal repayments based on a 30-year
See Original Article

BRI, AGO partner to fight banking crimes

BRI, AGO partner to fight banking crimes Junior attorney general for general crimes Noor Rochmad (right) and Attorney General's Office (AGO)
See Original Article

Risk & Controls Sr

The Enterprise Operational Risk department is seeking an Operational Risk Senior to support the execution of operational risk reporting and analysis.
See Original Article

Relationship Banking Officer

Looking for an award-winning culture that supports employee development? Pacific Continental Bank is looking for a skilled, energetic, self-motivated
See Original Article

ProsperitasForward promotes executive

She has more than 30 years of experience in the industry, leading divisions and working for large national title companies hiring, training, mentoring
See Original Article

Mortgage fraud isn't limited to Home Capital: CMHC CEO

The head of the country's housing agency says mortgage fraud in Canada is clearly not contained to Home Capital Group — and policymakers are
See Original Article

Shareholders: GSE reform can happen quickly

Fannie Mae and Freddie Mac shareholders proposed a plan on Thursday that calls for the Trump Administration and the regulator of the two
See Original Article

Movement Mortgage premieres zero down mortgages for first-time homebuyers

Movement Mortgage announced a new down payment assistance program for first-time homebuyers that allows borrowers to put nothing down on a
See Original Article

Survey: Homeowners Show Preference for Independent Real Estate Brands

Homeowners have a preference for working with real estate professionals affiliated with local, independent brands, according to a new survey by
See Original Article

Federal housing agency beefing up ability to detect mortgage fraud, CEO says

TORONTO — Canada Mortgage and Housing Corp. is beefing up its ability to detect patterns that may indicate mortgage fraud after being directed to
See Original Article

Freddie Mac (FMCC: OTCQB) | 30-Year Fixed Mortgage Rate Moves Lower

MCLEAN, VA–(Marketwired – Jun 1, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®
See Original Article

Mortgage Rates Have Tumbled To Lowest Of The Year

Mortgage Rates Have Tumbled To Lowest Of The Year

(RTTNews.com) – Mortgage rates or interest rates on home loans tumbled to the lowest mark of 2017 this week, according to mortgage provider
See Original Article

Federal housing agency boosting its ability to detect mortgage fraud, CEO says

The head of Canada Mortgage and Housing Corp. says it is beefing up its ability to detect mortgage fraud after being directed to do so by the federal
See Original Article

No Sanctions For Most Home Capital Brokers Accused Of Mortgage Fraud

TORONTO — An Ontario regulator says it will not be disciplining 43 of the 45 mortgage brokers and agents that mortgage lender Home Capital cut ties
See Original Article

Ellie Mae's Bob Hart and Troy Tomas Named HousingWire Rising Stars

In its fourth year, HousingWire's Rising Stars program recognizes young mortgage and housing professionals under the age of 40 who have become
See Original Article

Senator Investment Group LP Cut Its Biomarin Pharmaceutical (BMRN) Position, Investors Title Co …

Senator Investment Group Lp decreased Biomarin Pharmaceutical Inc (BMRN) stake by 5.88% reported in 2016Q4 SEC filing. Senator Investment
See Original Article

Jaitley banks on GST to lift economy after humbling GDP figures

Jaitley conceded that getting higher corporate spending remained a challenge, but said that was partly due to the inability of a debt-laden banking
See Original Article

Mortgage Rates Kick Off June Little Changed

Similar to yesterday, not many changes in mortgage rates Thursday, and what little movement occurred was primarily downward, with one notable
See Original Article

Invesco Mortgage Capital Inc (IVR) Receives Average Recommendation of "Hold" from Analysts

Invesco Mortgage Capital Inc (NYSE:IVR) has been assigned a consensus rating of … Nomura cut Invesco Mortgage Capital from a “buy” rating to a “neutral” … mortgage loans, and other real estate-related financing arrangements.
See Original Article

“Landlord Real Estate Tycoon”: Pokemon GO for the Capitalist

“Landlord Real Estate Tycoon” is a perfect game for the Liberty-minded Capitalist on the go. Here's how it works; after getting started with a set amount
See Original Article

Let to Buy mortgage arrangement timing questions?

With the interest only payments on the flat mortgage being £300pm this would be cheaper and much more convenient than renting somewhere.
See Original Article

Denver Real Estate Families On Passing The Torch

Commercial real estate is often a family business, and that means succession planning. Bisnow spoke with two father-and-son teams prominent in
See Original Article

Aaron Hernandez didn't pay real estate taxes for 3 years

The Massachusetts town where Aaron Hernandez lived is seeking more than $93,000 in unpaid real estate taxes from the late New England Patriots
See Original Article

Mortgage rates fall to six-month low

Photo (c) Fotolia Home prices may still be rising, but mortgage interest rates are moving in the other direction, giving buyers a small break.
See Original Article

Union County Clerk Joanne Rajoppi Warns of Wire Fraud Related to Mortgages

Union County, NJ – Union County Clerk Joanne Rajoppi alerted Union County residents and businesses to be aware of mortgage wire transfer fraud,
See Original Article

Despite Week Decrease, Mortgage Applications Up From Last Year

Freddie Mac also released their weekly mortgage rate report on Thursday for the short week following Memorial Day. Freddie Mac reported that
See Original Article

WILLIAM G. LAKO: Reverse mortgages and their possible effect on long-term care

While I'm not a true fan of reverse mortgages, there are unique situations where I have seen them work for some seniors. However, when seniors are
See Original Article

Blackstone, Paulson back new proposal for Fannie, Freddie privatization

An investor group including hedge fund Paulson & Co. and the Blackstone Group wants to turn Fannie Mae and Freddie Mac back into private
See Original Article

AFIAA moves into indirect real estate investments

The CHF1.7bn foundation, which has 45 pension fund members, has begun to offer investments in real estate funds to help investors diversify their
See Original Article

Mortgage Rates Bottom to New Low

Mortgage rates this week bottomed to a new low for the year, with the 30-year, fixed rate averaging 3.94 percent, according to Freddie Mac's recently
See Original Article

Best year in real estate in a decade – Soper

It's probably the best year we've seen in real estate in a decade, said Phil Soper, president and chief executive officer for Royal LePage. He said the
See Original Article

CDN Real Estate Un (REF.UN.TO) and Computer Modelling Group Ltd (CMG.TO) Shares Needle …

CDN Real Estate Un (REF.UN.TO) and Computer Modelling Group Ltd (CMG.TO) Shares Needle …

Needle moving action has been spotted in CDN Real Estate Un (REF.UN. … Capitalizing on the current trends may be just what the doctor ordered.
See Original Article

Lake City Bank's Whitney Hamilton Jr. Promoted to Assistant Office Manager

Lake City Bank is pleased to announce that Whitney Hamilton Jr. has been promoted to Assistant Office Manager of its Michigan Road office in
See Original Article

Lenders wary of fake rental property investments

From Freddie Mac's weekly survey: The 30-year fixed rate averaged 3.94 percent, 1 basis point lower than last week's 3.95 percent. This is a nice
See Original Article

Banking Veteran to Join Atlantic Capital Bank

CHARLOTTE, N.C.–(BUSINESS WIRE)–Atlantic Capital Bank (NASDAQ: ACBI) has another addition in the Greater Charlotte region: Tim Elleby,
See Original Article

Some Tauranga people will retire with debt of more than $200000

Tauranga was in the top 10 regions with the greatest mortgages, with 25 per cent of people aged 55 and older still owing an average mortgage debt of
See Original Article

For banks, time has come to bite the bullet, says Uday Kotak

With public sector banks needing a huge dose of capital infusion to deal with stressed assets and to meet Basel-III capital requirements, Kotak
See Original Article

Musical instruments can now be borrowed through Calgary Public Library

Available at the Memorial Park location, the Musical Instrument Lending Library program will see guitars, ukuleles, violins, drums, xylophones and
See Original Article

What impact could a Dodd-Frank rollback have on the mortgage lending industry?

According to President Trump, “Dodd-Frank is a disaster”. Throughout his election campaign, Trump promised to reform financial regulations, and in
See Original Article

S&T Bank Celebrates 115 Years Of Relationship Banking

INDIANA, Pa., June 1, 2017 /PRNewswire/ — S&T Bank, a full-service financial institution with assets of $7.1 billion, and locations in Pennsylvania,
See Original Article

USA Today: Reverse Mortgages Could Hold Key to Secure Retirement

Quoting experts such as reverse mortgage researcher Wade Pfau and wealth advisor Randy Bruns, the national newspaper provided an uncritical
See Original Article

Lending a Hand with Lyme Shots + More

Shots can be difficult under any circumstances. But when you are required to give yourself an injection, it can be challenging on a lot of levels.
See Original Article

Loan Growth Brings Continued Focus on Concentrations

Commercial real estate, agricultural, and oil and gas lending concentrations are in the spotlight. The FDIC provides statistics regarding how these
See Original Article

CMHC says it is beefing up ability to detect mortgage fraud

TORONTO — The head of Canada Mortgage and Housing Corp. says it is beefing up its ability to detect mortgage fraud after being directed to do so by
See Original Article

Favorable News Coverage Unlikely to Impact Ally Financial (ALLY) Stock Price

Headlines about Ally Financial (NYSE:ALLY) have trended positive this … Finance operations, Insurance operations, Mortgage Finance operations,
See Original Article

Commercial banking contacts

Contact for commercial banking in Burlington boston – Let TD Helps show you how you can reach your goals.
See Original Article

Research on Financial Inclusion and Poverty Reduction in China

Research on Financial Inclusion and Poverty Reduction in China

[Editor's Note: This is a post from Sherry Zhang who is the latest member of the Lend Academy and LendIt teams. Sherry is based and China and
See Original Article

Mortgage rates drop for Thursday

Multiple benchmark mortgage rates dropped today. The average rates on 30-year fixed and 15-year fixed mortgages both slid down. The average rate
See Original Article

IBERIABANK Corp (IBKC) Raised to Strong-Buy at Raymond James Financial, Inc.

The company's stock had a trading volume of 166,358 shares. … title insurance and closing services agency (Lenders Title); IBERIA Capital Partners
See Original Article

European ADRs Fractionally Higher Despite Banking Contractions

American depository receipts of European stocks were 0.1% higher at 135.27 on the Bank of New York Mellon Europe ADR Index on Thursday
See Original Article

Canada's housing chief says no evidence of widespread mortgage fraud

Home Capital, one of Canada's biggest mortgage lenders, has scaled back on lending to focus on repairing its balance sheet following rapid deposit
See Original Article

Bank of England Funding for Lending: "Worrying Trend"

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy
See Original Article

Chatbots in Banking

This post explains why chatbots are rising in popularity with banks, the opportunities and challenges presented, and how data science fits into the
See Original Article

Wells Fargo economist: What's next for the economy, local real estate market

Although economic activity has gotten off to a slow start in the Carolinas, real GDP growth is expected to pick up and grow 2.1% in 2017.
See Original Article

First time home buyer? Here's what you need to know

Experts recommended getting pre-approved by a lender before you officially … offer, your lender will start the underwriting process on your mortgage.
See Original Article

I would like to switch my account type

I opened an account yesterday at a local branch, and chose the one where you have to have a minimum balance of 100 dollars to waive the monthly
See Original Article

Nigerian stocks rise to 11-month high on banking, cement shares

LAGOS, June 1 (Reuters) – Nigeria stocks jumped to a 11-month high on Thursday, driven by gains in banking and cement shares as investors took
See Original Article

Changes coming to bank regulations, Fed's Powell says

Fed Governor Jerome Powell said the Fed will be reviewing how it regulates banks, with an eye toward more transparency and a less burdensome
See Original Article

The Euphoria Debate: U.S. Stocks Vs. U.S. Real Estate

When an asset class (e.g., stocks, bonds, commodities, real estate, collectibles, etc.) skyrockets in price – when it surges higher without sufficient
See Original Article

Kala Brown suing Todd Kohlhepp's real estate company

Brown is suing Todd Kohlhepp & Associates LLC, also known as TKA Real Estate, for compensation for serious personal, physical and emotional
See Original Article

Partners in Nord Stream 2 to profit from interest payments on lending — Wintershall's CEO

The European partners of Russian gas giant Gazprom in the Nord Stream-2 project will get their profit in the form on interest payments on lending,
See Original Article

Fed buys $4.2 billion of mortgage bonds, sells none

Fed buys $4.2 billion of mortgage bonds, sells none … on the agency debt and agency mortgage-backed securities, or MBS, it holds to reinvest in
See Original Article

Fitch: Here's the impact of Ocwen's massive MSR deal with New Residential

Fitch: Here's the impact of Ocwen's massive MSR deal with New Residential

Ocwen Financial may be facing serious allegations from the Consumer Financial Protection Bureau and a hefty group of state regulators about the
See Original Article

Risk assessment: Fewer homes face hurricane damage in 2017

Fewer homes are at risk of hurricane damage in 2017 than in the year before and the 30-year average, according to CoreLogic's estimates. CoreLogic
See Original Article

Homebuyers don't need mortgage permission for home loans in Noida anymore

As per the earlier rule, a homebuyer had to waste many days and even allegedly pay a bribe to officials to get the mortgage permission and obtain a
See Original Article

FARM LENDING IN CURRENT ECONOMY

From farmers to the banks and lending institutions that provide financing for farm operations. Economist Nathan Kauffman with the Federal Reserve
See Original Article

How much does the Fed's action to solve the appraisal shortage really help?

Matt Simmons, a partner at Maxwell, Hendry & Simmons, who also recently sat on a recent HousingWire panel to discuss the state of the appraisal
See Original Article

Barclays sells Zimbabwe operation to Malawi lender

Barclays has ended its 105-year presence in Zimbabwe by agreeing to sell its operations in the cash-starved African country to First Merchant Bank,
See Original Article

Bank of India to focus on one-time settlement to recover bad loans

Banks are allowed to settle NPA accounts even after taking large haircuts … “NPA recovery is one of the focus areas for the bank,” Aggarwal said.
See Original Article

2017 Rising Stars: Grier Allen

Grier Allen is the co-founder, president and CEO of BoomTown, a sales and marketing platform for real estate professionals that uses patented
See Original Article

Fannie Mae hits $1 trillion mark on credit risk sharing

The original unpaid principal balance of single-family mortgage credit risk Fannie Mae has transferred since 2013 has risen to $1 trillion, the agency
See Original Article

The rescue of Italian lender will not end banking woes

The rescue of Monte dei Paschi di Siena has been a long time coming. The problems at Italy's oldest bank, discernible as early as 2009, were rapidly
See Original Article

Paulson, Blackstone Said to Back Plan to Free Fannie-Freddie

Paulson & Co. and Blackstone Group LP are among investors backing a proposal that Fannie Mae and Freddie Mac be recapitalized and released
See Original Article

Community banking's future is in offering advice, not products

Bankers were trusted community leaders. If you attained such a label, you made your parents proud and found purpose in your calling. Today
See Original Article

Europe Backs a Bailout for Italy's Oldest Bank

The deal would allow the Italian government to provide capital under a so-called precautionary recapitalization, which would require that the bank be
See Original Article

Real estate notes: East side hotel project progresses

A joint venture involving New York-based Gramercy Property Trust Inc. and San Francisco-based TPG Real Estate has paid $14.75 million for a
See Original Article

2017 Rising Stars: Leo Pareja

Pareja name By the time Leo Pareja celebrated his 28th birthday, he was the No. 1 Keller Williams agent in the world. During his 15-year career of
See Original Article

Big banks mine retail units for growth as business lending lags

Big bank CEOs are counting on growth on the retail side of the business — from credit cards to mortgages — to help lift them out of the funk in
See Original Article

African-American and Hispanic Families Priced out of Real Estate in West Coast Markets

In 2016, just 18 percent of homes for sale in the 30 largest U.S. metros were affordable for middle-class Hispanic families and 14 percent were
See Original Article

10 Crucial Real Estate Contract Terms Home Buyers Should Know Before They Sign

If you ever attempt to read a real estate contract, you will quickly find that this paperwork is packed with a slew of terms you might not be familiar
See Original Article

Guild Mortgage launches a 1%-down loan program

Guild Mortgage in San Diego has launched a 1%-down loan program to court millennial borrowers, who tend to lack down-payment resources and
See Original Article

Long-term US mortgage rates

Long-term U.S. mortgage rates Long-term U.S. mortgage rates were flat to slightly lower this week. Current avg, Last week, 52-week high, 52-week low.
See Original Article