SoftBank gets into real estate tech with $450M investment in Compass

SoftBank gets into real estate tech with $450M investment in Compass

Investing via its $100 billion Vision Fund, SoftBank proclaimed the deal to be the “largest real estate technology investment in U.S. history.” The deal follows a $100 million round led by the venture capital firm Fidelity Investments last month, bringing Compass's total funding to $775 million, valuing it at
See Original Article

Why Banking CEOs Should Be More Active On Social Media

Nine in ten CEOs of the most admired companies on earth are socially engaged. So why aren't leaders in the banking industry following suit? By Tim Collins, Principal at Grisdale Advisors. In the past year, only a handful of CEOs in the financial industry have been active on Facebook, Twitter or LinkedIn.
See Original Article

Together achieves record monthly lending

Cheadle-headquartered financial services group Together has achieved the highest ever monthly lending total in its 43-year history. The company lent £147.5m in November 2017, including loans across both its commercial and personal finance businesses. This maintains the momentum that the lender
See Original Article

Japan's Lone Gay Lawmaker Says Same-Sex Marriage Will Take Years

Facing opposition from conservative elements in Prime Minister Shinzo Abe's ruling party, Japan's only openly gay lawmaker said it could take a decade for the country to legalize same-sex partnerships. Speaking on the day Australia became the latest nation to legalize gay marriage, Kanako Otsuji, 42,
See Original Article

Bicycles Are Piling Up on Chinese Streets. What's a Bike-Sharing Company Like Ofo to Do?

A giant pothole has emerged on the path to success for Chinese bike-sharing companies. Authorities in China and in the global cities that start-ups such as Mobike and Ofo have expanded into are complaining that the pile-up of poorly parked and damaged bicycles in urban spaces are a public
See Original Article

Blockchain's Real Cool Cats

ASX Ltd. had a choice. The operator of Australia's main stock exchange could develop a new version of Chess, its faithful but aging clearing and settlements system introduced in 1994, or it could build for the future. The company chose the latter, confirming this week that it will develop a blockchain-style
See Original Article

Realtor DC Confab Tackles Home Ownership

Hand-out National Association of Realtors® President Elizabeth Mendenhall greets Nobel Prize winning economist Dr. Robert Shiller at The Future of the U.S. Housing Market event. (PRNewsfoto/National Association of Realtors). Senator Heitkamp specifically singled out tax reform legislation passed in
See Original Article

GOP's final tax bill will have millions of Americans lose mortgage, gift write-offs under: study

“The House and Senate have voted to fundamentally transform those write-offs in ways that most people don't understand,” said Carl Davis, research director of the institute. Under the bills, the mortgage interest and charitable deductions would be “worthless for most people”, David said. “Less than one
See Original Article

Defiant Merkel Critics Press Her to Consider Minority Government

If Angela Merkel has emerged weaker from the fall election and failed attempt to form a coalition, then some in her party want to weaken her further still. The chancellor's refusal to govern Germany without a stable majority is emboldening critics of her 12-year hold on power, including members of her
See Original Article

Commercial mortgage loan investing for life insurers: Think like a skier

Commercial mortgage loan investing for life insurers: Think like a skier. Posted on December 7, 2017. Exploring a compelling alternative to corporate bonds. From the ski resorts in the Catskills to the higher verticals of the Sierra Nevada and Rockies, each resort's trail map shows green circles, blue
See Original Article

Selling the nest?

Lucy Berman has a unique perspective, experiencing firsthand both sides of the empty-nester conundrum having a major impact on the tight Midpeninsula housing market. A real estate agent since 2004, she sees potential homebuyers struggling to find homes they can afford in one of the nation's most
See Original Article

Inside Big Banks, Bitcoin Futures Are Riling Trading Executives

Bitcoin is coming to Wall Street on Sunday, and some executives at the world's biggest banks aren't sleeping well. With just a few days left until Cboe Global Markets Inc. debuts futures contracts on the cryptocurrency, many banks are still weighing whether to offer them to clients — and if so, how to
See Original Article

New Stadium apartments won't open for 6 months — and there's already a wait list

Despite a record year of apartment building throughout Pierce County, wait lists, along with rising rents, are yet another symptom of the South Sound's hot housing market. In the last five years, home prices in the Tacoma-Lakewood area have surged 67 percent, according to the Federal Housing Finance
See Original Article

Fannie, Freddie overhaul bill jells

Congress still has a long way to go before resolving the most significant overhang that remains from the 2008 financial crisis. But a consensus is emerging around principles for overhauling Fannie Mae, Freddie Mac and the U.S. mortgage-finance system. Sens. Bob Corker, R-Tenn., and Mark Warner,
See Original Article

Internal Audit Manager

Internal Audit Manager – Banking & Capital Markets in Finance, Finance & accounting with PwC. Apply Today.
See Original Article

YouTube Is Planning to Launch a Paid Music Streaming Service, Report Says

Youtube is reportedly planning to launch a paid music streaming service that would compete directly with Spotify (spotify, +0.00%) and Apple Music, and go a long way toward appeasing record executives who complain the site takes too big a bite of their revenues. According to Bloomberg, which cites
See Original Article

China's Double-Digit Trade Jump Pairs Global and Domestic Demand

Exports rose 12.3 percent in November in dollar terms, the customs administration said Friday, exceeding all economist estimates in a Bloomberg survey where the median estimate was for a 5.3 percent rise. Imports also beat projections with a 17.7 percent increase, widening the trade surplus to $40.2
See Original Article

Business Banking Client Manager in Medina at Huntington

New Career Opportunity! Huntington National Bank has an opening for a Business Banking Client Manager in Medina, OH.
See Original Article

Here's What's Going to Happen to the Economy Next Year

We polled the experts, consulted the analysts, and read the white papers. Herewith, Fortune's best guess for what will happen to the economy in 2018.
See Original Article

J.Crew to Close 50 Stores As Sales Plunge Again

There is apparently no end in sight to the deterioration of the J.Crew brand. Same-store sales plummeted 12% at J.Crew's namesake brand in the third
See Original Article

SodaStream International (SODA) Lowered to Hold at BidaskClub

SodaStream International (SODA) Lowered to Hold at BidaskClub

SodaStream International (NASDAQ:SODA) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Thursday. Several other brokerages have also weighed in on SODA. ValuEngine lowered SodaStream International from a “buy” rating to a “hold”
See Original Article

What DACA Has to Do With a Government Shutdown

Looking to prevent a government shutdown, President Trump and congressional leadership met Thursday to discuss the issues surrounding the passage of a long-term spending deal. The meeting was a make-up for a late November meeting that Democratic leaders skipped in protest of the president
See Original Article

Where Bitcoin Goes, These Asian Stocks Follow

Investors looking for a more traditional way to ride the bitcoin wave can look to Asia's small caps. Anticipation of the cryptocurrency's futures trading debut on the Cboe Global Markets Inc. has powered the shares of Japan's Remixpoint Co., China's Shenzhen Ysstech Info-tech Co. and their peers this
See Original Article

Magilla Loans is the Kayak of lending

Users are never asked for their name, phone number or SSN, Magilla Loans does not require a credit check, and applicants are not contacted until after they choose a lending option. Before founding Magilla Loans with current CEO Chris Meyer, Mr. Sioukas said they required more than 10 loans for the
See Original Article

Wrestling Match of the Gods of Good Fortune (Fukujin sumô no tei)

Wrestling Match of the Gods of Good Fortune (Fukujin sumô no tei), parade float for the festival of the Tôshôgû Shrine in Sendai. Japanese Edo period. Artist Unknown, Japanese. Catalogue Raisonné. General reference: Asano, “Sendai matsuri yamaboko zu kô,” Bijutsukan benri 12 (Hiraki Ukiyo-e Mus.,
See Original Article

Giants offseason report: Club banking on 2018 rebound, not rebuild

Enduring the second-worst season in the Giants' 60 years in San Francisco provided motivation for the team's brass to seek some changes in the offseason, and executive vice president Brian Sabean made it clear where the improvements need to start. “Center field needs to be upgraded,” Sabean said.
See Original Article

Farmers find their voice for bank probe

Australia's peak farm lobby group has embraced the banking royal commission despite turning a blind eye to an extensive review of the financial system three years ago. National Farmers' Federation chief executive Tony Maher said the NFF had not called for the royal commission, but saw it as an
See Original Article

Criticism Erupts as Sweden Seeks to Criminalize Buying Sex Abroad

The criticism of the proposal revolves primarily around the lack of international consensus, as the sex trade is perfectly legal in many countries, including parts of Latin America. This, however, is not seen as an obstacle by Morgan Johansson. “For the international consensus to be reached, for the things
See Original Article

Fortune 500 india 2017

7 trillion in revenues and $1. The Fortune India 500 is a ranking of the top 500 corporations in India compiled on the basis of latest sales and gross revenue figures. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. With 197 Oct 18,
See Original Article

Sarasota-Manatee home sales rise as condo deals drop

According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage rose to 3.90 percent in October (matching the
See Original Article

Investors drawn again to real estate rebound

The Emerging Trends in Real Estate Asia Pacific 2018 report, a real estate forecast published by the Urban Land Institute (ULI) and PwC, noted that
See Original Article

Sydney, Melbourne Top Emerging Trends Asia Pacific's Cities for 2018

Change is in the air in the commercial real estate market of the region. The Emerging Trends in Real Estate Asia Pacific 2018 report highlights the
See Original Article

JPMorgan Weighs Offering CME Bitcoin Futures to Clients

JPMorgan Chase & Co. is weighing whether to help clients bet on the price of bitcoin via the CME Group Inc.'s proposed futures contracts, according to a person with knowledge of the situation. The largest U.S. bank is gauging client demand and the potential risks of facilitating their trades, the person
See Original Article

Director – Corporate Banking – Dallas, TX

Develops and maintains effective internal working relationships across CIB and SunTrust Bank. May represent the Bank in trade or business development entities. Applies solid risk management skills to make more complex risk decisions. Also directs junior staff on risk decisions and holds team
See Original Article

Singapore Will Ensure Rich Pay More in Tax Regime, Minister Says

She assessed that Singapore's economy is “absolutely” in such a state now. Singapore's growth probably reached an almost four-year high of 5 percent in the third quarter, according to a Bloomberg survey ahead of a report due Thursday. Prime Minister Lee Hsien Loong said this week that 2017 growth
See Original Article

Profits rise for Wisconsin banks as lending grows, troubled loans decrease

Profits rose 10.5% for Wisconsin-based banks in the first three quarters of the year, as lending grew and troubled loans decreased. A report Tuesday
See Original Article

China clamps down on micro-loan market; US-listed shares plunge

BEIJING (Reuters) – China's financial regulators on Tuesday took steps to clamp down on the fast-growing market for web-based micro-lenders,
See Original Article

No sign of housing market crash, say economists

No sign of housing market crash, say economists Luxury houses in Hulu Kelang, Selangor. House prices are unlikely to sharply decline next year, say
See Original Article

Malcolm Turnbull rules out banking royal commission despite backbench pressure

Prime Minister Malcolm Turnbull has pushed back against renewed moves for a powerful inquiry into Australia's banks, reiterating the government's
See Original Article

MPC retains lending rate at 14% for 8th consecutive time

The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 14 per cent due to persistent uncertain economic
See Original Article

Canadian Ambassador to US Hopeful for Nafta Deal by March

Canadian Ambassador to US Hopeful for Nafta Deal by March

Canada's ambassador to the U.S. said he thinks reaching a March target to revamp the North American Free Trade Agreement is still possible if negotiators can overcome thorny issues like American demands for tougher auto quotas. “I hope we get there by the end of March, certainly I think Nafta has
See Original Article

Houston Stronger: City's Sports Franchises To Reinvest In Real Estate After Banner 2017

The current state of stadium development has intensified the pressure. Costs around the country have been soaring. The Los Angeles Rams are spending $2.6B on their new stadium. The Las Vegas Raiders are close behind at $2.4B. Rockets CEO Tad Brown attended the recent SEC Championship
See Original Article

Bitcoin Craze Propels Coinbase App to No. 1 in Apple's Store

Cryptocurrencies are officially number one, at least when it comes to Apple Inc.'s App Store. The software application for Coinbase Inc., operator of one of the world's largest digital currency exchanges, climbed to the top of Apple's download ranking for free apps in the U.S. on Thursday. It's yet another
See Original Article

Bill Gross Says Bitcoin Limits Make It an Unlikely Currency Alternative

“It is not really a currency alternative at the moment,” Gross said Thursday in an interview with Bloomberg Television. “Buying a bag of groceries at the grocery store is going to be a little difficult.” Only 21 million bitcoins can ever be minted under the terms of the digital currency, which saw its price spike to
See Original Article

Manafort Disputes Mueller Account That He Ghostwrote Op-Ed

President Donald Trump's former campaign chairman Paul Manafort denied Thursday that he ghostwrote an editorial with a longtime colleague tied to a Russian intelligence agency, as claimed by prosecutors in his money laundering and conspiracy case. Earlier this week, prosecutors for Special
See Original Article

We are One — at UM, in real estate and in the region

In real estate terms, we refer to “oneness” as “regionalism.” It's a concept that political boundaries, economic development and regional planning all interact within a larger ecosystem of regional cooperation. I want to close my column for this year with my perspective of 2017's most notable activities that
See Original Article

Essential Steps to Take Before Hiring a Realtor, according to Andy May, President of …

Step one is to obtain information by researching mortgage topics on the web. The first topic researched should be, “what is a buyer's contract”. As many consumers have read my past articles (due diligence and earnest monies, construction mortgages, military home loans), when the consumer signs the
See Original Article

real estate

STRONG evidence is mounting that 2018 could be a great year for the entire Queensland property market. Haesley Cush. The Courier-MailDecember 8, 201711:12am. It won't just be the beaches looking good on the Sunshine Coast this year, the property market is also set to surge.Source:Supplied.
See Original Article

Insider Buying: Valeant Pharmaceuticals International, Inc. (VRX) Director Buys 10000 Shares of …

Valeant Pharmaceuticals International logo Valeant Pharmaceuticals International, Inc. (TSE:VRX) (NYSE:VRX) Director Schutter Richard Urbain De bought 10,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were purchased at an average price of C$14.33
See Original Article

Ares Commercial Real Estate Cor (ACRE) TEMA Pounding Higher Last 5 Bars

Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Shares of Ares Commercial Real Estate Cor (ACRE) have a 200-day moving average of 12.92. The 50-day is 13.29, and the
See Original Article

Banks are an endangered species on our high streets

Bank branches are an endangered species on our high streets. There are already 3,000 communities in Britain that no longer have a single bank — mostly market towns and in the countryside — says the Post Office. Before the slew of closures announced last week, branch numbers had fallen 10 per
See Original Article

Bull's Eye: Buy L&T Finance, PC Jeweller, PFC, NCC; sell Concor, Jubilant Foodworks

Sameet Chavan of Angel Broking recommends buying KEC International with a stoploss at Rs 328 and target of Rs 369 and Kohinoor Foods with a stoploss at Rs 75.40 and target of Rs 85.50. CNBC TV18 @moneycontrolcom. Error loading player: No playable sources found. Bull's Eye, CNBC-TV18's
See Original Article

FHA to stop backing green loans often called 'predatory'

The Federal Housing Administration on Thursday said it would no longer insure mortgages on properties with certain loans criticized by consumer advocates for being predatory. The loans, known as Property Assessed Clean Energy assessments, came with high interest rates, could be used for dubious
See Original Article

New Infiniti report lists 5 trends in health care facilities that will transform patient care

LONDON–(BUSINESS WIRE)–Infiniti Research, a global market intelligence solutions provider, has launched their recent list blog on the five trends in healthcare … Room for Change in Real Estate: Healthcare firms are building facilities that can be reused and re-modeled as per the existing demand.
See Original Article

Saigon scores high on global property growth index

According to another report, “Emerging Trends in Real Estate Asia Pacific 2016”, jointly published by the Urban Land Institute and consulting firm PwC, foreign investors, mainly from Japan, South Korea and Singapore, are interested in the city's property market on expectations of an annual return of
See Original Article

Graft-Buster Tapped for Leadership of Banking Regulator

A former graft-buster has been put into the leadership of China's top banking regulatory body, highlighting Beijing's determination to root out misdeeds that threaten the stability of the financial system. Zhou Liang, 46, has been named as a vice chairman of the China Banking Regulatory Commission
See Original Article

Housing forecast 2018: More money for renters, inventory low

No one gave specifics, but panelists said they expect home prices to continue to rise because of decreasing numbers of homes for sale. The Residential Real Estate Conference put on by the school's Burnham-Moores Center occurs annually and is typically attended by roughly 200 people. Analysts
See Original Article

Nunes Cleared in Ethics Probe of Disclosing Classified Material

House Intelligence Committee Chairman Devin Nunes was cleared by the Ethics Committee of disclosing classified information, opening the way for him to resume full control of the panel's investigation of Russian meddling in the U.S. election. The ethics panel said in a statement Thursday that an
See Original Article

Mortgage firm names top loan originator for October

Fairway Independent Mortgage Corp. operates offices at 601 Main St. For more information, call 778-3344 or visit the website at
See Original Article

Vice President Corporate Lending

ING Corporate Lending NL is looking for a Vice President. Corporate LendingCorporate Lending Netherlands has a challenging opportunity available
See Original Article

Lending Club to wind down 2017 with non-prime offering

Lending Club to wind down 2017 with non-prime offering

The California-based online lender filed documents with the US Securities and Exchange Commission (SEC) on Wednesday evening for the transaction, Consumer Loan Underlying Bond (CLUB) Credit Trust 2017-NP2. Citi is leading the deal, according to the documents. The deal is Lending Club's
See Original Article

Dumbaugh Inducted into Riverview Hall of Fame

His practice areas are focused on real estate development, international real estate investment, title insurance, lending practice and estate planning and estate administration. He is an Approved Closing Agent for all area institutional lenders, Old Republic National Title Insurance Company, and
See Original Article

Bank mergers bill raises storm

The bill provides that deals in which the banks being merged jointly hold a market share of over 10% will be subject to approval by the minister of finance and the minister of economy and industry. The bill follows the deal signed last week for the sale of Union Bank and its merger with Mizrahi Tefahot
See Original Article

Madison Realty Capital snags $63M loan from TPG for Brooklyn rental

Madison Realty Capital has landed a $63 million financing from the private equity firm TPG for a property in Clinton Hill. The debt package from TPG includes a $17 million gap mortgage. Part of the financing replaces an $11.8 million mortgage Madison received from Emigrant Bank last year for the
See Original Article

Mallya's defence brings banking expert to show he had no intention to act 'fraudulently'

On Thursday Mallya's defence counsel, Clare Montgomery sought to back up her opening arguments that the Crown Prosecution Service (CPS) on behalf of the Indian government had failed to establish a prima facie case of fraud against her client. Vijay Mallya's defence today brought in a banking
See Original Article

International Bancshares Corporation (IBOC) Director Antonio R. Sanchez, Jr. Sells 300000 Shares

Public Employees Retirement System of Ohio lifted its holdings in International Bancshares by 790.8% in the third quarter. Public Employees Retirement System of Ohio now owns 24,623 shares of the bank's stock valued at $987,000 after buying an additional 21,859 shares during the period. California
See Original Article

Peter Thiel's Unusual Bet on Magic Mushrooms For Treating Depression Is About to Be Tested

High-profile Silicon Valley investor Peter Thiel made a bet last year on a company with an unusual idea for treating depression: psychedelics. Giving patients drugs that are based on the active ingredient in magic mushrooms, known for their hallucinogenic properties, could help reboot the brains of
See Original Article

Price Target Estimates for Pennsylvania Real Estate Investment Trust (PEI)

Pennsylvania Real Estate Investment Trust (PEI) closed its previous trading session at $10.31 with the loss of -3.55%. The company's market cap is … Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Simple moving
See Original Article

Boost your sales with geographic marketing

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. When Coldwell Banker's Charlie Young couldn't sell his New Jersey home, he called Lindsay Listanski, senior manager of media engagement at Coldwell Banker Real Estate.
See Original Article

Minnesota man gets 10 years for housing fraud involving North Dakota fracking workers

Minnesota man gets 10 years for housing fraud involving North Dakota … Johnson was convicted on nine counts of wire fraud and one count of money
See Original Article

NEXT Tech Conference Announces Speaker Lineup

NEXT Mortgage Events LLC, creator of NEXT, set for Jan. 18-19, 2018 at the Dallas InterContinental, a technology-centric conference and expo for
See Original Article

Bank of America claims top spot among lenders during 1H 2017: report

National bank Wells Fargo Corp. placed second with $900 million in loans, while commercial real estate services firm Walker & Dunlop followed
See Original Article

IBERIABANK Corporation (IBKC) Insider Sells $242245.12 in Stock

331,800 shares of the company's stock were exchanged, compared to its average … The company has a current ratio of 0.91, a quick ratio of 0.90 and a … Lenders Title Company, an Arkansas-chartered title insurance and closing
See Original Article

Commentary: Why Are Democrats Making Excuses for 'Pro-Women' Sexual Harassers?

Sexually abusive behavior is very much a bipartisan affair, as we are reminded by revelations of Sen. Al Franken's ugly conduct toward a fellow female
See Original Article

Real Estate Attorney

Job detail for Real Estate Attorney located in Manhattan, New York Apply Today.
See Original Article

Mortgage Volume Increasing, Along With Mortgage Risk

As volume increases, so has FTB risk, which has increased by 3 ppts, according to AEI's FTB National Mortgage Risk Index (FBMRI). According to the
See Original Article

Dayton-area home sales continue to sizzle

A healthy housing market is a sign of an overall healthy economy. And nearly every category in Dayton's housing market showed an increase over last
See Original Article

Here are the changes to California's Homeowner Bill of Rights you need to know

Riddled throughout California's Homeowner Bill of Rights are the words “repealed” effective “Jan. 1, 2018.” Unfortunately, many loan servicers assume
See Original Article

America's Adversaries Get It: Trump Can Be Ignored

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Eli Lake at elake1@bloomberg.net. To contact the editor responsible for this story: Philip Gray at philipgray@bloomberg.net. Before it's here, it's on the Bloomberg
See Original Article

Somaliland's Ruling Party Candidate Declared Election Winner

Mogadishu, Somalia (AP) — The ruling party candidate in Somalia's semi-autonomous region of Somaliland has been declared the winner of the presidential election but the opposition claims irregularities in the vote. The electoral commission says Muse Bihi Abdi of the Kulmiye party won 55 percent of
See Original Article