The Louisville Title Company gave Lucas County DART a check for $13,000 on Tuesday. “For every officer we have it's quite costly because we have to buy vests, we have to buy equipment for them to be able to operate. This is going to help us stay afloat for the DART unit to continue their activities,”
See Original Article
Designation of Fannie Mae and Freddie Mac as SIFIs. Dear Secretary Mnuchin: The Treasury Department has just issued a new review of âFinancial Stability Oversight Designations,â[1] and we are writing to you in your capacity as Chairman of the Financial Stability Oversight Council (FSOC) that is
See Original Article
Firstly, bank lending to businesses has recovered from a summer dip and is resuming the pre-summer upward trend. In fact, net lending in October reached a volume of â¬17.8bn, last seen in December 2008, when lending came crashing down as the financial crisis engulfed the Eurozone. The returning
See Original Article
Richard Cordray made a rare television appearance last night to comment on the confusion he left behind following his resignation as Director of the Consumer Financial Protection Bureau (CFPB). However, his comments only seemed to further the confusion. In an interview with MSNBC's Rachel
See Original Article
We'll update Freddie Mac Loan Product Advisor® on December 3, 2017, so you may begin originating mortgages with the 2018 loan limits immediately. However, mortgages meeting the higher 2018 limits are not eligible for sale to Freddie Mac until on or after January 1, 2018. Loan Selling AdvisorSM
See Original Article
Zacks Investment Research lowered shares of German American Bancorp, Inc. (NASDAQ:GABC) from a hold rating to a sell rating in a report issued on … Their lines of business include retail and commercial banking, mortgage banking, trust and brokerage services, title insurance, and a full range of
See Original Article
Currently, Schneider particularly likes Vanguard's domestic U.S. Real Estate Investment Trust (VNQ) , which is currently trading at $85. “VNQ invests in a basket of 154 real estate stocks, has a market cap of $10.4 billion, offers high liquidity and has a 5.0% return on equity,” says Schneider. “VNQ's top
See Original Article
Jerome Powell, picked by President Donald Trump to lead the Federal Reserve, said Tuesday that he favors “tailoring” regulations to alleviate the burden on smaller banks. Speaking before the Senate Banking Committee during his confirmation hearing, Powell mentioned several areas that he'd like to
See Original Article
Nonprofit agencies looking to purchase unsubsidized affordable housing properties can use a new impact gap financing program from Freddie Mac to fund the acquisition. These properties, also known as naturally occurring affordable housing, are targets for developers looking to acquire, renovate and
See Original Article
SÃO PAULO, BRAZIL â Positive signs are being shown in São Paulo's residential real estate market according to just-released data from the São Paulo Housing Association (Secovi-SP). From January to September period, a report shows an eighteen percent increase of sales over the same period of
See Original Article
BANK OF CANADA'S POLOZ: STRONGER ECONOMY, SOUND POLICIES WORKING IN SAME DIRECTION TO BRING ABOUT GRADUAL EASING OF VULN…
See Original Article
“Most economic indicators suggest that home prices can see further gains, ” said David Blitzer, managing director at S&P Dow Jones Indices. “One dark cloud for housing is affordability — rising prices mean that some people will be squeezed out of the market.” Seattle reported the largest annual gain,
See Original Article
For 35 years, Pat Sajak has been hosting Wheel Of Fortune with no major mishaps whatsoever. But last night something truly disastrous happened: The Wheel Of Fortune wa…
See Original Article
Prudential Financial Inc. raised its stake in Mantech International Corp (NASDAQ:MANT) by 12.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,084 shares of the technology company's stock after buying an
See Original Article
BOSTON, Nov. 28, 2017 /PRNewswire-USNewswire/ — Strong economic fundamentals, a steady influx of foreign investors, and a slightly more balanced housing market fueled an increase in the sales and prices of both detached single-family homes and condominiums during October, according to data
See Original Article
Loan Vision, a division of Bestborn Business Solutions offering mortgage accounting software, is now a member of The Mortgage Collaborative, a network of mortgage lenders and technology providers that supports it members by offering a wide range of benefits, tools and resources. âLoan Vision's
See Original Article
The Hungarian central bank will launch big interest rate swap and mortgage note-buying programmes next year to push long-term interest rates down more. “They want to prop up cheap fixed-rate mortgage lending… and all Hungarian debt yields got to record lows,” one Budapest-based fixed income
See Original Article
Resona Holdings Inc. will start offering new smartphone banking services in February, according to President Kazuhiro Higashi. Customers will feel âas if there were an entire bank in a smartphone,â Higashi said in a recent interview, adding that the group aims to have its three banking units â Resona
See Original Article
The rise in the use of alternative lenders, who can include wealthy individuals looking for higher returns than offered by traditional investments, has caused some concern that borrowers have shifted to unregulated mortgage providers to avoid the tighter qualification rules imposed by regulators.
See Original Article
Eqis Capital Management Inc. raised its stake in Charles River Laboratories International by 10.3% in the second quarter. Eqis Capital Management Inc. now owns 3,810 shares of the medical research company's stock valued at $385,000 after buying an additional 357 shares during the period. Oregon
See Original Article
Recent Comments