Trump administration reconsiders Richard Cordray's payday-lending rule

Trump administration reconsiders Richard Cordray's payday-lending rule

WASHINGTON — With the Consumer Financial Protection Bureau now under Trump administration leadership, the agency is deciding whether to stop or roll back a rule to clamp down on payday lenders. This assures renewed debate: Are payday lenders legal loan sharks? Their storefront businesses
See Original Article

UFC 220: Why the company needs Francis Ngannou needs to win heavyweight title

One can easily forgive the UFC for being so bullish on the crossover potential of knockout sensation Francis Ngannou that it was willing to fast-track him into Saturday's heavyweight title shot at UFC 220 in Boston. At a chiseled 6-foot-4 and fashioned with his own unique hairstyle, Ngannou (11-1) very
See Original Article

National Pension Service Buys 48872 Shares of Mondelez International Inc (MDLZ)

National Pension Service increased its stake in shares of Mondelez International Inc (NASDAQ:MDLZ) by 4.0% during the 4th quarter, according to the … BMO Capital Markets restated a “buy” rating and set a $48.00 price target on shares of Mondelez International in a research report on Thursday,
See Original Article

Westchester & Fairfield Cheat Sheet: Redfin expanding to Fairfield County, developer locked in …

… 1 percent listing fee, with a $3,000 minimum, which the company claims would save a homeowner $10,000 on a $500,000 sale, Housing Wire reported. … S&R, however, thinks it's a violation of the Fair Housing Act for the nuns and other owners to stop its development because the project will include
See Original Article

China must bring household debt under control, banking regulator says

China's banking watchdog has publicly acknowledged that household debt levels are becoming a cause for concern. In an interview published in Monday's People's Daily, the official mouthpiece of the ruling Communist Party, Guo Shuqing, chairman of the China Banking Regulatory Commission, said it
See Original Article

Buffett's 'Nightmare' Begins as Earnings Include Stock Swings

An accounting change is about to have a big effect on Warren Buffett's conglomerate because swings in the value of its stock portfolio will soon be included in earnings. The new rules from the Financial Accounting Standards Board took effect in December and will start cropping up in earnings reports at
See Original Article

YouTube Teams With Kevin Durant to Add Athlete Channels, Sports Programming

Kevin Durant already has a big following for the YouTube channel he launched last year, and now the NBA superstar is helping the online video service land other famous athletes. YouTube is partnering with Thirty Five Media, the creative development company Durant founded with his manager Rich
See Original Article

Builder confidence falls at start of new year

Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January, coming down off of December's 18-year high. “The HMI gauge of future sales expectations has remained in the 70s, a sign that housing demand should continue to grow in 2018,” NAHB
See Original Article

Be Careful About Buying Crown Castle International Corp (REIT) (NYSE:CCI) For The 3.99 …

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Over the past 4 years, Crown Castle International Corp (REIT) (NYSE:CCI) has returned an average of 4.00% per year to shareholders in terms of dividend yield
See Original Article

5 Intriguing Trends in Today's Apartment Rental Market

As evidenced by recent real estate reports, micro apartment units of approximately 350 sq. ft. have been observed in the apartment rental market and are quickly becoming a trend in urban centers. This rise in the demand for micro apartments is attributed to the changing demographics of the buyer
See Original Article

Fannie Mae wants affordable housing developers to focus on resident wellbeing

The program, called Healthy Housing Rewards, targets developers and offers them an incentive to include healthy design features, like including common spaces, community gardens, playgrounds, into the design of newly constructed or rehabilitated affordable, multifamily rental properties. Now, Fannie
See Original Article

Payday loan rules undergo review by agency head supported by lenders

Mick Mulvaney, the head of the Consumer Financial Protection Bureau, took $31,700 in contributions from payday loan companies in 2016 and is now reviewing rules aimed at protecting consumers from harmful lenders. Under Mulvaney the bureau will review payday lending rules introduced at the end
See Original Article

Goldman Sachs beats estimates as investment banking revenue soars

However, excluding the one-off charge and other items, the Wall Street bank recorded earnings per share of $5.68. Analysts were looking for $4.91 cents per share, according to Thomson Reuters I/B/E/S estimate. Revenue from investment banking – which includes fees from IPOs, underwriting and M&A
See Original Article

Larry Fink's Letter, WEF's Business Risks, GE Split: CEO Daily for January 17, 2018

At Fortune, we've created the CEO Initiative for a similar reason—to help corporate leaders share best practices and develop common goals for addressing societal problems. The effort grew out of our meeting at the Vatican in 2016 and a follow-up in New York last September, and we will be gathering
See Original Article

Bank of England warns banking bosses to stay `vigilant´ over consumer debt risk

The Bank of England has written to banking bosses, warning them to “remain vigilant” about the heightened risks linked to rising consumer debt levels. It follows a Prudential Regulation Authority (PRA) review of consumer lending – covering credit cards, personal loans and car financing over the first half
See Original Article

US banking official critiques Senate bill aimed at easing bank rules

Hoenig said he was broadly supportive of the bill primarily aimed at easing rules for smaller banks, crafted by Republicans and moderate Democrats on the Senate Banking Committee, but has concerns about a pair of key sections. In particular, Hoenig warned Congress's attempts to relax burdens
See Original Article

Saint John Real Estate Board Believes the Housing Market Will Keep Growing in 2018

Sheila Henry said the year-over-year growth has been steady with 2,365 homes sold in 2017, up from 2,159 sales in 2016 and 1,915 in 2015. “It was another super year,” says Henry. “That's very promising for us to have seen so much activity in our marketplace.” Henry says the market in 2017 was
See Original Article

SoOum Corp (SOUM) Assists Exporters In Simplifying International Trade With Its Real-Time …

The “Exporter Real-time Commodities Trading Portal” offers the user immediate exposure to a broad audience of individuals and organizations within the international trade community that are actively buying and selling commodities worldwide. The membership portal includes full access to trading
See Original Article

Key Banking Trends to Watch in 2018

Banking across the globe has been going through a major transformation over the last few years, and this evolution looks set to continue well into 2018, and indeed beyond. The financial institution of today is more oriented towards the customer than ever before, and as such, a much larger proportion of
See Original Article

This Company's AI-Fueled Tech Is About to Bring Digital Health Care to Millions

… a health care provider that offers both insurance and medical services to millions around the world, are teaming up in a massive strategic partnership that could make “digital end-to-end” medical services a widespread reality, HealthTap CEO Ron Gutman told Fortune in an early interview previewing
See Original Article

Guam AG joins others seeking “safe harbor” banking legislation for legalized marijuana

Guam AG joins others seeking “safe harbor” banking legislation for legalized marijuana

“Because the federal government classifies marijuana as an illegal substance, banks providing services to state-licensed cannabis businesses could find themselves subject to criminal and civil liability under the Controlled Substance Act and certain federal banking statutes,” the letter states. This makes
See Original Article

Inside Michael Jordaan's new digital bank venture

Bank Zero appears set to accelerate the evolution of the South African banking industry by offering a fresh take on banking and highly competitive fees. The bank — the brainchild of tech entrepreneurs and banking innovators Michael Jordaan and Yatin Narsai — has received a provisional licence from
See Original Article

'Let Customers Hang Themselves:' RBS Memo Fuels Lending Scandal

The document, provided to Parliament's Treasury Committee and published Wednesday, is the latest embarrassment for the bank stemming from a probe of its business-lending practices. Entitled 'Just Hit Budget!', the memo is among documents sought by lawmakers as they fought regulators over the
See Original Article

Home builder confidence loses steam, but still signals upside market momentum

Big picture: NAHB again cited “building material price increases and shortages of labor and lots” as the biggest concerns for its members. But builders have been buoyed by the prospect of profit-boosting tax cuts and stiff demand for their homes. The gauge of buyer traffic rarely stayed above the neutral
See Original Article

Federal payday lending rule could face repeal amid new battle

The potential revision or repeal focuses on a 2017 rule that would require payday lenders to determine, before granting a loan, whether a borrower could afford to make full repayment with interest within 30 days. The loans are often due within two weeks and include annual interest rates of roughly 390%
See Original Article

Reps and warrants provisions lead to B of A's 4Q mortgage loss

Bank of America's mortgage banking business reported a loss for the fourth quarter driven largely by representations and warrants provisions. The mortgage business lost $108 million for the quarter, compared with a $20 million loss in the third quarter and a $519 million profit in the fourth quarter of
See Original Article

Was mortgage activity affected by the base rate rise?

Recent research has shown that there was a steady rise in both first-time buyer and home mover mortgage lending in November last year despite the base rate rise. According to figures from UK Finance, the number of first time buyer mortgages reached 34,800 during the penultimate month of the year,
See Original Article

Open Banking: Will It Impact Bank Account Switching?

Over time, BACS Account Switching stats can provide useful insights into the impact Open Banking has by measuring the volume of movement between UK … 12 Low volume participants including Starling Bank and Virgin Money gained 239 accounts suggesting they are struggling to gain traction.
See Original Article

US homebuilder sentiment slips; outlook remains positive

Sales of new homes jumped to a seasonally adjusted annual rate of 733,000 units, compared with 624,000 in October. That's the biggest monthly gain since January 1992 and the most homes sold in a month since July 2007, just months before global economic turmoil decimated the housing market.
See Original Article

Morning Scan Citi's $22 billion tax hit; CFPB to revisit payday lending rule

Earnings: Bank of America said it earned $2.37 billion in the fourth quarter, after a $2.9 billion tax-related charge. Goldman Sachs reported a $1.93 billion loss for the fourth quarter, after a $4.4 billion charge for income tax expense. Excluding the charge, which wiped out most of the company's earnings
See Original Article

OPINION: Guest Commentary — Lending a hand

The following guest commentary was written by Alex Dailey, the public relations specialist at Crooked Tree Arts Center-Petoskey. She can be reached at alex@crookedtree.org. For more information about the arts center, visit www.crookedtree.org. There are so many ways in which people support
See Original Article

Baker says economy, housing markets hot in Palm Beach County

The economy — and the housing market — are “on fire” in Palm Beach County, Administrator Verdenia Baker said in her annual 'State of the … Unemployment is down, the housing market is tight and money is flowing in from the increase in the county's sales tax, said Baker in comments that also
See Original Article

Homebuilder confidence falls from 18-year high, but it's still strong

Builder sentiment fell 2 points to 72 in January, according to a monthly survey from the National Association of Home Builders called the housing market index. The downward move comes after the measurement hit an 18-year high in December, following the passage of the Republican tax cut plan.
See Original Article

Is China's housing market about to crash?

Is China about to get its own version of a mortgage crisis? Chinese home prices are starting to fall amid new government restrictions, and some observers worry that homeowners overloaded with debt could run into trouble. Property prices in Beijing and Shanghai fell by 0.3 percent between November
See Original Article

Florida Realtors® 2018 Real Estate Trends: What's Ahead for Fla. Real Estate?

News) — Real estate helps to fuel Florida's growth, and figuring out what lies ahead in 2018 is a key question for policymakers, residents and Realtors®. Several highly respected economists and business data experts will share their insights at Florida Realtors® 2017 Florida Real Estate Trends on Jan.
See Original Article

Poor broadband facilities could leave rural communities without banking access

Poor broadband connections in Highland Perthshire could leave locals without easy access to banking facilities, say critics. Royal Bank of Scotland is urging customers to use online banking and mobile banks as part of its plan to close several branches across the region. However the internet speed in
See Original Article

How the population is changing in each of NJ's 21 counties

In fact, the state has seen a near-complete reversal of population trends during the past decade, with urban centers experiencing a renaissance and the … Real estate experts say longtime residents have been selling their homes to those seeking vacation houses, who aren't counted by the Census.
See Original Article

Backed by TRF, Spring Garden Lending raised $61M to 'rent or flip' Philly, Baltimore homes

Spring Garden Lending, a Philadelphia loan company run by former Valley Green Bank boss Jay Goldstein, says it has raised a total of $61 million from banks and investors to expand its lending to builders, rehabbers, developers and refinancers of homes “for rent or flip” in the city, its suburbs, and its
See Original Article

Is Buying Service Corporation International (SCI) Here a Winning Strategy?

Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.17, from 1.06 in 2017Q2. It increased, as 14 investors sold Service Corporation International shares while 99 reduced holdings. 47 funds opened positions while 92 raised stakes. 153.11 million shares or 0.62% less from 154.07 million shares in
See Original Article

You've Helped Us Reach New Heights

2017 was outstanding – for the third consecutive year, our partnership with our extraordinary Seller/Servicers, Investors and Borrowers propelled Freddie Mac to the position of the nation's largest financier of multifamily properties. Last year, we surpassed $73 billion in loan purchase and guarantee
See Original Article

Ellie Mae Announces Ellie Mae Experience 2018 Sponsors and Exhibitors

Ellie Mae Announces Ellie Mae Experience 2018 Sponsors and Exhibitors

In addition to the sponsors above, these companies will be exhibiting at Ellie Mae Experience 2018: 4506–Transcripts.com, Access Business Technologies, Accurate Group, LLC, Advanced Data Corporation, Advantage Credit, Inc., American Land Title Association, AmeriHome Mortgage Company, LLC,
See Original Article

MARKET SNAPSHOT: Dow Futures Point To Triple-digit Gain And Fresh Push Toward 26000

MARKET SNAPSHOT: Dow Futures Point To Triple-digit Gain And Fresh Push Toward 26,000 … A January figure for a housing market index is slated to arrive at 10 a.m. Eastern, and the Federal Reserve's Beige Book — which offers a deep dive on economic activity — is on tap for 2 p.m. Eastern.
See Original Article

How Michael Wolff Got Access to Trump's White House for 'Fire and Fury' Tell-All Book

Author Michael Wolff's pitch to the White House to win cooperation for his book included a working title that signaled a sympathetic view, a counter-narrative to a slew of negative news stories early in Donald Trump's presidency. He called it The Great Transition: The First 100 Days of the Trump
See Original Article

Hunt Mortgage Group Refinances a Multifamily Property Located in Lakewood, Ohio

(MENAFN Editorial) NEW YORK, Jan. 17, 2018 /PRNewswire/ –, a leader in financing commercial real estate throughout the United States, announced today it provided a Freddie Mac Small Balance loan in the amount of $6 million to refinance a multifamily property located in Lakewood, Ohio. Harbour
See Original Article

Warm Springs Management Acquires Denver-Area Community

The Freddie Mac loan was originated by Hunt Mortgage Group and is set to mature in November 2024. Located at 12155 W. 58th Place, the three-story, 58-unit community sits at the edge of a predominantly residential area and is within half a mile of a number of small retail buildings with restaurants,
See Original Article

How the latest affordable housing policy benefits homeowners and realtors, not first-time buyers

Freddie Mac, the other GSE, had been buying more mortgages with DTIs over 45% than Fannie, but it too ramped up its purchases after Fannie's … already guarantees loans with a DTI up to 57% and with less stringent credit score and down payment requirements than Fannie or Freddie ever would.
See Original Article

Freddie and Fannie Changes – Single Security Moving Forward; Upcoming Events

For more information, read Freddie's Single-Family News Center article. … “As a leading national servicer, Carrington Mortgage Services, LLC, can provide the expertise and capacity needed to sub-service government loans with a robust compliance and risk management structure. As the 10th largest
See Original Article

Movers of most recent trading session: DR Horton Inc. (NYSE:DHI), Tenaris SA (NYSE:TS)

In the homebuilding business, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums. The Company's financial services operation comprise selling mortgages and collecting fees for title insurance agency and
See Original Article

The Looming US Government Shutdown: What You Need to Know Before the Jan. 19 Deadline

The phrase “government shutdown” seemingly crops up every few months, and now it's rearing its ugly head once again. Congress is facing a Friday Jan. 19 deadline to pass a spending bill, which helps determine the government's budget and discretionary spending for the fiscal year. Without it, the
See Original Article

Stocks fall on worries of tight margin lending

Vietnamese shares ended January 16 on a negative note as large-cap stocks were hit by strong selling as investors worried about a draft amendment on the initial margin to be passed by market regulators. Stocks fall on worries of tight margin lending, vietnam economy, business news, vn. Brokers
See Original Article

New York State Common Retirement Fund Sells 46832 Shares of Masonite International Corp …

Sei Investments Co. grew its holdings in shares of Masonite International by 448.6% during the third quarter. Sei Investments Co. now owns 147,245 shares of the company's stock worth $10,190,000 after purchasing an additional 120,406 shares in the last quarter. Pzena Investment Management LLC
See Original Article

10 things you need to know about the housing market

The books are closed on the residential real estate market for 2017 and now the numbers are being digested to help guide outlooks for this year. Scottsdale-based RL Brown Housing Reports is out with its year-end data. We talked to Greg Burger, president of RL Brown and Home Builders Marketing,
See Original Article

2018 is going to be the strongest year yet for Montréal's housing market — here's why

Montréal's housing market had a banner year in 2017 and, according to a local real estate board, 2018 is set to be even better. “The Montréal area real estate market in 2017 performed well beyond what we had anticipated,” writes Greater Montréal Real Estate Board board of directors president Mathieu
See Original Article

US mortgage application volume hits six-week high: MBA

The Washington-based group said its index on mortgage requests rose 4.1 percent to 406.3 in the week ended Jan. 12, which was the highest since 408.3 in the Dec. 1 week. Average interest rates on 30-year conforming mortgages, or loans with loan balances of $453,100 or less, increased to 4.33
See Original Article

Zacks Investment Research Upgrades Arlington Asset Investment (AI) to Strong-Buy

Arlington Asset Investment logo Arlington Asset Investment (NYSE:AI) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday. The brokerage presently has a $14.00 price target on the financial services provider's stock. Zacks Investment
See Original Article

Housing market expectations take off in Scotland as rest of UK struggles

Expectations for the Scottish housing market are improving, with more potential buyers becoming active north of the border as the rest of the UK stalled. The latest Royal Institution of Chartered Surveyors (RICS) residential market survey for December found new buyer enquiries in Scotland had picked
See Original Article

Boost for alternative lending market

Advisers rejected by banks and other traditional lenders should consider the alternative lending market, a lending specialist has said. Jamie Stewart, director at Think Business Loans, said that between November and December the sector saw a huge demand for its services, largely coming from the
See Original Article

KeyBank Secures $40.5M Freddie Mac Loan for Multifamily Community in Louisville

LOUISVILLE, KY. — KeyBank Real Estate Capital has closed a $40.5 million Freddie Mac loan for the acquisition of LC Idlewild Phase II, a 286-unit apartment community in Louisville. Tim Migchelbrink of KeyBank arranged the seven-year loan with two years of interest-only payments and a 30-year
See Original Article

BitConnect, Alleged Crypto Ponzi Scheme, Shutters Its Lending and Exchange Services and …

After being accused of running a Ponzi scheme on multiple occasions, BitConnect's development team announced on Tuesday that it was shuttering its lending service immediately and its exchange service within five days. Its tethered coin, BCC, plunged 92% following the release of this news to $19.28.
See Original Article

Facebook and Twitter: Disney's Latest Frenemies

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. I've been intrigued by the analysis around Sheryl Sandberg and Jack Dorsey standing down from the Disney board. With Disney (dis, -1.59%) a video streamer and Facebook (fb, -0.25%) and Twitter
See Original Article

Mortgage Loan Rates Rose Sharply Last Week

Mortgage Loan Rates Rose Sharply Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.1% in the group's seasonally adjusted composite index for the week ending January 12. Mortgage loan rates rose last week on all five loan types that the MBA
See Original Article

Cryptocurrency Surge Sent Lawsuit Stake Soaring to $16 Billion

When two blockchain developers sued one another over an options deal in September, the stakes were high at $1.1 billion. Four months later, they were fighting over a contract valued at $16.6 billion. It's a side effect of the recent surge in the value of virtual currencies, in particular Ripple Lab Inc.'s XRP.
See Original Article

Bitconnect System Closes Its Lending And Exchange Platform, BCC Token Drops 87 Percent

Bitconnect Bitconnect system, a Bitcoin investment platform, has formally announced shutting down its lending platform and cryptocurrency exchange following warnings from Texas and North Carolina regulators. The Bitconnect Coin (BCC) virtual currency is down 87 percent today and 93 percent from
See Original Article

May to set timetable to reveal foreign owners of UK property

“We want to get the legislation for this absolutely right, and we're confident we will be able to provide parliament with details very soon,” he said, about the push on who is entering the British property market. Faulks and Hodgson made clear that they were ready to push their demands to a vote on
See Original Article

77 Windsor Dr., Whitman, MA 02382

Real Estate and the listing agent is Jeannie Carr. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information
See Original Article

Boutique Real Estate WA Dalkeith

Boutique Real Estate WA Real Estate Agency is based in Dalkeith, WA. Click to view contact information, latest listings, key staff, sales statistics and more.
See Original Article

Ogden housing market hits record high, low-income households suffer

OGDEN – The booming housing market has pushed up home prices to a record high in Ogden, as the city continues to attract in- and out-of-state homebuyers with its housing affordability. Known for its low cost of living, Ogden is no exception to the state's growing real estate housing market. As of 2017
See Original Article

3 Stocks That Could Double in the Next Decade

Recently, though, there is a new element that could help boost the company's bottom line even more: a robust housing market in the United States. According to the St. Louis Federal Reserve Bank, new residential housing construction increased to 1.3 million units in November 2017, the highest since
See Original Article

MBA: Mortgage apps continue increasing

The adjustable-rate mortgage share of activity increased to 5.2% of total applications, up from 5% last week. The Federal Housing Administration's share of applications increased from 11.1% last week to 11.7% this week, but the Veterans Affairs' share of applications decreased to 10.7%, down from
See Original Article

Flow of Unwanted Oil From China Is Set to Turn Into a Deluge

The pace at which China exports the fuel it doesn't want is set to jump by more than four times in 2018, according to the nation's biggest energy producer. That's a harbinger of bad news for processors in the rest of Asia — from South Korea to Japan and India — who now have to contend with higher crude
See Original Article

Heathrow Plans Sloping Third Runway to Cut Costs by $3.4 Billion

London's Heathrow airport put forward proposals for a sloping runway and said the landing strip could be built to three different lengths as it seeks to cut 2.5 billion pounds ($3.4 billion) from the cost of expansion plans. Europe's busiest hub also proposed the phased opening of new terminals and a
See Original Article

How to Reverse America's Foreign Tourist Problem

A new travel industry coalition is urging the Trump administration to help stem a drop in international visitors. By. Justin Bachman. @justinbachman More stories by Justin Bachman. January 17, 2018, 2:00 AM PST. A visitor takes a photograph at Prospect Point at the American Falls in Niagara Falls, New
See Original Article

Colliers Launches Real Estate Technology Accelerator with TechStars

Partnership with Global Technology Investor and Accelerator Leader Highlights Commitment to Real Estate Industry Innovation.
See Original Article

Did Bitcoin Just Burst? How It Compares to History's Big Bubbles

Bitcoin's recent wobbles have given fresh urgency to a question that's gripped market observers for much of the past year: Will the cryptocurrency go down as one of history's most infamous bubbles, alongside tulipmania and the dot-com craze? The magnitude of Bitcoin's boom (before it lost as much as
See Original Article

Meet the new chief credit officer at Movement Mortgage

Movement Mortgage CFO Laura Bowles, to whom Polacek will report, says he will help the mortgage company with building on a commitment to excellent credit management. “Steve is a talented leader who will bring extensive experience and a deep knowledge of credit risk and regulatory compliance
See Original Article

BitConnect Closes Lending And Exchange Platform

Crypto investment platform BitConnect will be closing its lending and exchange platform. The company's lending operation will be shut down, effectively immediately, while its BCC exchange platform will close in 5 days. BitConnect operates websites and deploys online advertising to recruit “affiliates,”
See Original Article

UPDATE: Dow futures point to triple-digit gain and fresh push toward 26000

… when a December report on industrial production and capacity utilization is scheduled to come out. Economists polled by MarketWatch expect readings of 0.6% and 77.5%, respectively. A January figure for a housing market index is slated to arrive at 10 a.m. Eastern, and the Federal Reserve's Beige
See Original Article

The housing land market in Scotland

The dynamics of the housing land market in Scotland are complex, and we remain unconvinced that the implementation of these proposals, if they were to be taken up by the government, would provide the silver bullet that would solve the perceived issues with the housing crisis. Land value taxation has
See Original Article

IHS Markit Weekly Mortgage Snapshot – September 1, 2017

The IHS Markit Weekly Mortgage Snapshot provides a summary of the US securitised mortgage market.Download full article.
See Original Article

JLM launches Virtual Adviser

JLM Mortgage Services has become the first network in the UK to launch a robo mortgage advice proposition. Virtual Adviser provides clients seeking residential or buy-to-let mortgage advice with the opportunity to start their journey through the robo service, engaging online initially. Users can search for
See Original Article

World Acceptance (WRLD) EPS Estimated At $0.95; Investors Title Co (ITIC) Has 1.04 Sentiment

World Acceptance (WRLD) EPS Estimated At $0.95; Investors Title Co (ITIC) Has 1.04 Sentiment

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $375.52 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance
See Original Article

China Blockchain Firm Pursues Hong Kong Tycoon's Boutique Hotel

Sharing Economy International Inc., a Chinese textile machinery maker with blockchain ambitions, said it's pursuing the acquisition of a boutique hotel from Hong Kong property billionaire Lee Shau-kee. A unit of Sharing Economy is offering to buy the Mira Moon Hotel from Lee's Hong Kong-listed
See Original Article

Better Mortgage launches in Texas

“In markets like Austin and San Antonio where the housing market has been particularly hot, customers need more affordable financing options or risk spending more time throwing their money away on ballooning rents,” Garg added. “With the recent launch of the Better Offer, we're empowering Texas
See Original Article

3 Commercial Real Estate Trends To Watch In 2018

But if inflation continues to be as sluggish as it has been for most of the year, it may become harder for the Fed to justify additional rate increases. Indeed, two policymakers voted against the most recent rate increase. So what does this uncertainty means for the commercial real estate industry? If interest
See Original Article

Let's campaign to stop predatory lenders

But there is a point where lenders and loans become extremely harmful. Where people pay extraordinary amounts of money for small amounts of borrowing, where the pressure of paying off loans mean that families have very little to spend on their basic needs like rent, groceries, school lunches and
See Original Article

Dow futures point to triple-digit gain and fresh push toward 26000

The stock market was “extraordinarily stretched” on Tuesday morning, and it then took “a breather” as the session progressed, said Peter Boockvar, chief … A January figure for a housing market index is slated to arrive at 10 a.m. Eastern, and the Federal Reserve's Beige Book — which offers a deep dive
See Original Article

ING secures KNF approval to set up mortgage unit

The Financial Supervision Authority KNF approved the ING Bank Ślaski motion to set up a mortgage bank. The decision was unanimous with KNF approving the new unit's management board as well. Mirosław Boda was appointed its CEO. In accordance with the approved bank statute, the subject of
See Original Article

Android Surveillance Tool Can Steal WhatsApp Messages, Kaspersky Warns

Security researchers have identified a sophisticated piece of software that has been used to gain full control of people's Android phones and steal information. The “Skygofree” spyware implant has been in use since 2014, according to researchers at Russia's Kaspersky Lab. The team noted that it had
See Original Article

China stocks end mixed as consumer, real estate firms take breather

SHANGHAI, Jan 17 (Reuters) – China stocks ended mixed on Wednesday, with gains in banking and infrastructure firms offset by losses in consumer and real estate shares. ** At the close, the Shanghai Composite index was up 8.76 points, or 0.26 percent, at 3,445.36. ** The blue-chip CSI300 index
See Original Article

This Guy Made a Fortune Off Mexican Drug Ballads. Now He's Selling Love Songs

This Guy Made a Fortune Off Mexican Drug Ballads. Now He's Selling Love Songs. A U.S. music label that has reaped millions of dollars chronicling the drug war confronts a new era—and dozens of deaths. By. David Peisner. More stories by David Peisner. January 17, 2018, 5:00 AM EST. Late on a
See Original Article

Opinion: Owning a home can give you a place to hide from a bear market for stocks

Consider the performance of the Case-Shiller Home Price Index, which is derived from information on repeat sales of homes across the U.S. Monthly values for this index exist back to 1952, which enabled me to measure the index's performance during the 20 bear markets that have occurred in the
See Original Article

America's best neighborhoods are in Chicago

Finding the perfect place to live is hard, but according to Redfin, Chicago might be the place to start. The Windy City is home to a number of the nation's best neighborhoods – communities with affordable housing, high levels of inventory, an easy commute, low rates of crime and great schools. Verify your
See Original Article

Edmunds: Before buying used car, consider luxury alternative

Most car shoppers know that a used car can be a fantastic value. In the long run, a used car will usually cost less than a new one, and it will virtually always be cheaper than leasing a car every three years. As practical as it is to buy a used car, it can also present an opportunity to get a little fancy. This is
See Original Article

Seniors housing a 'best bet' for investors: report

“Housing for seniors topped the list of all residential segments in this year's survey in terms of development and investment prospects for 2018,” wrote the authors of “Emerging Trends in Real Estate 2018,” sponsored by PwC and the Urban Land Institute. The researchers interviewed or surveyed 2,400
See Original Article

Experts call Tri-City commercial real estate market 'hot'

Commercial real estate growth in the Tri-Cities continues to mirror the region's robust residential housing growth.
See Original Article

Real estate throws tons of cash at the Cuomo campaign, again

State Street Title Agency also made the $50,000 club, as the title insurance industry could face sweeping new regulations that would change the way they collect fees and treat clients to nights on the town. The $1.3 million Cuomo's campaign raised from city real estate interests was more than twice as
See Original Article

JH Real Estate Associates party honors top sellers

Julie Faupel, one of Jackson Hole Real Estate Associates' principals, said the firm completed more than 1,000 transactions worth more than $600 million last year. The top-selling real estate group was the NeVille Group, which includes David NeVille, Shawn Asbell and Samantha Marquis. NeVille said it
See Original Article

Real Estate: How Do Real Estate Stocks Stack Up?

Three of the best-known features of the Indian real estate sector were: high cash transactions, avoidance of taxes to some extent (such as service-tax) and absence of regulations. Hence, when India demonetised Rs500 and Rs1,000 notes in November 2016, brought in Goods and Services Tax (GST)
See Original Article

A Reversal for Investors Title Company (ITIC) Is Near. The Formed Wedge Up Pattern

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.63, from 1.67 in 2017Q2. It dropped, as 2 investors sold Investors Title Company shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were
See Original Article

Some Traders Are Very Bullish on Investors Title Company (ITIC) After Forming Wedge Up Chart …

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.63, from 1.67 in 2017Q2. It is negative, as 2 investors sold Investors Title Company shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were
See Original Article

Beware the $500 Billion Bond Exodus

Beware the $500 Billion Bond Exodus

According to a recent study by Bloomberg Intelligence, the tax overhaul could lead to buybacks jumping by more than 70 percent on an annualized basis to $875 billion. The analysis was based on the growth in completed repurchases in 2004-2005, the last time a tax repatriation holiday was in place.
See Original Article

West Island Living: Chinese foreign buyers flocking to West Island

China is now one of the top-three sources of foreign investment in real estate here, along with the United States and France. But according to Lapointe, the median price of a home purchased by someone from China was significantly higher: $700,000, compared to $465,000 for Americans and $390,000
See Original Article

GST Council meet tomorrow: Inclusion of real estate, cut in tax rates may bring cheer before Budget

The Council is likely to discuss inclusion of real estate under GST and announce the rollout date for the same. According to some reports, Council may set a 12 per cent rate for the real estate sector and may also decide to subsume stamp duty and registration charges in GST. The likely date for inclusion
See Original Article

2018's Higher Federal Conforming Mortgage Loan Limits Signal Confidence In The Housing Market

For the first time since 2005, the Federal Housing Finance Agency (FHFA) significantly increased 2018 Conforming Mortgage Loan Limits by 6.8% to keep pace with home price appreciation. This signals confidence in the housing market. According to the FHFA website, “the maximum conforming loan
See Original Article

Young couple moves 1000km to buy their first home in outback Queensland

“We had 18 months down there but after looking around in New South Wales a bit at the real estate market we decided that if wanted to buy a house, we would prefer to buy a house we can pay off easily and a place that we enjoy living in — so we decided to move back to Blackall in 2017,” he said.
See Original Article

Continental CEO: Free, open international trade critical to auto industry

DETROIT—Continental A.G. CEO Elmar Degenhart stressed the importance of free and open international trade at a media briefing Jan. 15 during the during the North American International Auto Show. Noting that Continental alone spends $13 billion annually, buying parts and components it uses in
See Original Article

N4T Investigators: Top five scams for 2018

We recently reported on a home buyer who wired over $40,000 to someone posing as a title company officer. Miller says recipients of such emails should, again, contact the alleged sender in person if possible, or on the phone otherwise, and ask them if they did sent that email with that information.
See Original Article

Branch Manager in a Banking Institution in Larnaca, Cyprus

Job Description. On behalf of our client which is a Banking Institution, we are looking to recruit the Branch Manager – Larnaca Area: Duties and Responsibilities. Manages effectively all aspects of the branch operation, in accordance with the strategic goals and objectives of the bank;; Ensures
See Original Article

Malspam delivers Ursnif Banking Trojan 1-12-2018

Malspam was observed on January 12th 2018 delivering Ursnif (AKA Gozi). Ursnif is a Banking Trojan that was discovered in 2007. Originally it was.
See Original Article

Investors Buy Large Volume of Tempur Sealy International Put Options (NYSE:TPX)

Tempur Sealy International logo Tempur Sealy International Inc (NYSE:TPX) was the recipient of some unusual options trading activity on Wednesday. Stock traders purchased 1,329 put options on the stock. This represents an increase of 980% compared to the average daily volume of 123 put options.
See Original Article

First-time buyers in Hong Kong may be allowed to use MPF savings to buy a house … but don't …

Senior executives at the Mandatory Provident Fund Schemes Authority (MPFA) said on Wednesday that the idea is being studied, although it is unlikely to happen “any time soon” because it would only fuel the city's sizzling property market, already seen by many as a bubble on the verge of bursting.
See Original Article

Rand hits a 2 year high, ignites offshore buying

The rand rose to its strongest since July 2015 yesterday as it crossed crucial technical points and ignited offshore buying interest. At 5pm, the rand was up … And our yields also provide very good carry for international investors,” currency dealer at TreasuryOne, Phillip Pearce, said. Bonds were firmer
See Original Article

UK housing market set for a bumpy ride

In the longer term, there appears to be stronger prospects for house price and transaction growth, but any increase in activity will be tempered by interest rate rises. Also, despite the government's focus on housing in the Autumn Budget, it is not expected that the new policies will have much impact on the
See Original Article

Matthews International Corp (MATW) Shares Bought by Dimensional Fund Advisors LP

Matthews International logo Dimensional Fund Advisors LP boosted its holdings in Matthews International Corp (NASDAQ:MATW) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,263,962 shares of the company's stock after buying an
See Original Article

PB makes top 10 most affordable housing list

Realtor.com has named the Pine Bluff metropolitan area the sixth most affordable housing market in the US. The site looked at the country's 500 largest metros and identified the 10 with the lowest median home prices. They limited the final results to no more than one per state, according to a news
See Original Article

JPIPER MEDIA – Ad from 2018-01-17

All things considered, it's not surprising that more than a million homeowners have already used a governmentinsured Home Equity Conversion Mortgage or “HECM” loan to turn their home equity into extra cash for retirement. However, today, there are still millions of eligible homeowners who could
See Original Article

Housing Finance Reform: The Stars Are Aligning

The Corker-Warner proposal contains the following features: a federal government guarantee in the event of catastrophic losses (financed by a fee on mortgages); Fannie Mae and Freddie Mac (collectively, the “GSEs”) would continue to exist under government conservatorship until competitors enter
See Original Article

Consumer Lending Compliance Officer – Collections & Default Management in Brooklyn, OH at Key …

New Career Opportunity! Key Bank- Corporate has an opening for a Consumer Lending Compliance Officer – Collections & Default Management in Brooklyn, OH.
See Original Article

Endo International (ENDP) Lowered to “Sell” at Zacks Investment Research

Leerink Swann assumed coverage on shares of Endo International in a research report on Tuesday, January 2nd. They issued an outperform rating and a $12.00 target price on the stock. Finally, ValuEngine cut shares of Endo International from a buy rating to a hold rating in a research report on
See Original Article

Trading Watch: Shares of realestate.com.au Ltd (REA.AX) Noted Over Chikou

The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for realestate.com.au Ltd (REA.AX) is currently at 13.61. In general, and ADX value from 0-25 would represent an absent or weak trend.
See Original Article

Damac Chief Ready to Sell 15% of His Stake at Right Price

Damac Chief Ready to Sell 15% of His Stake at Right Price

Sales are forecast to grow about 7 percent in 2017, Sajwani said, matching analysts' estimates compiled by Bloomberg. Damac shares have climbed 32 percent over the past 12 months, beating Dubai's real-estate stock index, helped by its inclusion in MSCI global indexes. The company is weighing
See Original Article

Scottdale

Our team is committed to serving your local community of Westmoreland County, PA. With services ranging from personal banking to mortgages. Learn more.
See Original Article

Careers

Our customer-centric culture is what sets us apart from the rest – our passion for fintech has led us to the incredible journey of building our own challenger bank. We come from all walks of life and have united from various industries to produce an industry-leading digital transformation. Consider us a
See Original Article

Estate agents

Sales agents of real estate company BULGARIAN PROPERTIES.
See Original Article

Fortune smiles on Rankin

Jamie Rankin had one goal for herself when she appeared on “Wheel of Fortune.” “I didn't want to embarrass myself and become a YouTube sensation,” Rankin said. Rankin, a 2003 Ralston High School graduate, walked away from the show without a red face and also with $23,501 and trips to Ottawa,
See Original Article

YouTube Has a New Tool in Its Quest to Please Advertisers: Humans

Alphabet Inc's Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language. Under the new standards, Google will remove advertising from a “significant” number of YouTube
See Original Article

These Are the Biggest Risks for Businesses in 2018, According to the World Economic Forum

A slew of security, financial, and environmental threats will pose the greatest risk to businesses around the world in 2018, according to a wide-ranging report from the World Economic Forum (WEF) unveiled Wednesday ahead of the organization's annual meeting in Davos, Switzerland next week.
See Original Article

Secure Trust Bank stays away from higher-risk consumer lending, seeks deals

Jan 17 (Reuters) – Secure Trust Bank said it continued to reposition its lending portfolios away from higher-risk consumer lending during the final quarter of 2017 and was looking for deals this year. The former retail bank of Arbuthnot Banking Group said customer numbers and retail finance, motor
See Original Article

Apple Needs a New Approach

An investigative piece by Bloomberg News found yet more fuel. Workers at Catcher Technology Co. were handling, and possibly breathing, noxious chemicals without appropriate safety equipment. Dormitory and showering facilities were subpar, and resigning workers had salaries withheld in what
See Original Article

All clients must get the protection they need

For mortgage brokers, protection insurance and life cover should be a pretty easy sell. The hard truth is that too few people in Britain have enough savings to ensure the financial security of their household in the event that the main earner dies or is unable to work. For individuals with existing health
See Original Article

Veterans seeking homeownership need protection

As CEO of NewDay, I'm seeing a disturbing trend within our mortgage industry that hurts veterans through their Department of Veterans Affairs home loans — the very loans intended to reward these patriotic citizens for their service to our nation. Veterans with VA loans are being hurt by a few lenders
See Original Article

Digital Wallet

Loading your Great Southern cards onto your favorite device is a simple, intelligent way to build your secure digital wallet.
See Original Article

Britain Will Probably Miss Its Carbon Emissions Targets, Committee Says

The U.K. will miss its carbon-emissions targets even in the best-case scenario where all of its green initiatives go exactly to plan, according to the Committee on Climate Change. The nation will probably exceed it by at least 3 percent, or 65 million tons of CO2, a report from the advisory group sponsored
See Original Article

Banking stocks surge after govt cuts additional borrowing target to Rs 20k cr

The Nifty Bank gained was up around 0.28 percent, led by gains of 1-2 percent in ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda and IDFC … Driven by the news of government borrowing requirement being cut, banking stocks surged during the morning trade, with indices gaining around
See Original Article

Freddie Mac Prices $793 Million Multifamily K-Deal, K-1504

MCLEAN, VA–(Marketwired – Jan 16, 2018) – Freddie Mac ( OTCQB : FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $793 million in K Certificates (K-1504
See Original Article

Conti CEO: Free, open international trade critical to auto industry

DETROIT — Continental A.G. CEO Elmar Degenhart stressed the importance of free and open international trade at a media briefing Jan. 15 during the North American International Auto Show. Noting that Continental alone spends $13 billion annually, buying parts and components it uses in the
See Original Article

Bitconnect, which has been accused of running a Ponzi scheme, shuts down

Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and
See Original Article

WWC Expands Footprint in San Antonio

The property was sold for $19.6 million, subject to a $14.4 million loan held by Freddie Mac. According to Yardi Matrix data, the seller was McDowell Properties. ARA, a Newmark Co., brokered the transaction with WWC focused on improving the quality of the property while providing strong returns to
See Original Article

Real Estate Law Clerk

Long standing Lindsay law firm is seeking an experienced REAL ESTATE LAW CLERK to assist principally with residential real estate transactions. The successful candidate will: • Prepare, from start to finish, residential real estate files- purchases, sales, mortgages, refinances and private mortgages.
See Original Article

Mortgage fraud gang ordered to hand over £13m

Three men including the brother of a Birmingham fraudster known as “the General” have been ordered to pay back £13 million from a mortgage fraud. Mohammed Suleman Khan's brother and two associates face more time in jail if they do not pay the bill, one of the biggest sums ever demanded from
See Original Article

What Amazon's Latest Job Listing Says About Its Health Care Ambitions

What Amazon's Latest Job Listing Says About Its Health Care Ambitions

It will also be obliged to keep that data safe. What is Amazon actually planning to do? According to CNBC, it might want to bring its Alexa personal assistant technology—which is not yet HIPAA-compliant—into the health care environment. Fortune has asked Amazon what sort of initiative it's planning,
See Original Article

Stott promoted at CNB Bank

The private banking division offers enhanced customization and personal service to exclusive clientele served by CNB Bank. Stott will lead the team … In 2000, he was promoted to vice president/mortgage lending and, in 2008, was charged with leading the bank's entire retail lending division. Stott has
See Original Article

A Guide to Real Estate in the Priciest City on Earth

A Guide to Real Estate in the Priciest City on Earth … the property ladder and wealthy Chinese seeking an offshore haven keep buying into the top end of the market, demand for real estate continues to rise. … ft. villa at Kadoorie Estates is an art deco gem with a walled garden in a leafy oasis in Kowloon.
See Original Article

Guam AG joins “safe harbor” request for marijuana-related banking

The attorneys general argue that “safe harbor” legislation would “not only protect public safety by bringing gray-market financial activities into the banking sector and thus subject to law enforcement monitoring, but would also result in billions of dollars infused into the banking industry,” states the letter.
See Original Article

Title Alliance Welcomes Patti J. DeGennaro as Senior Operations Manager & Process Specialist

“We knew we needed someone with both a strong understanding of our company, but also the knowledge to institute change,” says Michele Rist, Regional Director for Title Alliance. “It is a no brainer to me to have Patti join our team. She has an in-depth knowledge of setting companies up and building
See Original Article

FAA Investigates Why JFK Airport Was Crippled by Snowstorm

Airplanes wait at the gates outside terminal five at John F. Kennedy International Airport on Jan. 4, 2018. Photographer: Rebecca Butala How/Getty Images. The U.S. government has opened an investigation into snow removal at New York's John F. Kennedy International Airport following a storm earlier
See Original Article

House GOP Looks to Sweeten Spending Deal for Conservatives

GOP leaders in the House are testing whether rank-and-file Republicans will support a stopgap funding measure to keep the government open that also would delay some Obamacare taxes and provide money for a children's health insurance program, lawmakers said. The plan indicates House
See Original Article

China banking regulator chief warns 'black swan' event could threaten financial stability: People's …

Guo said the dangers stem from the pressure of rising bad debt, imperfect internal risk systems at financial institutions, the relatively high levels of shadow banking activities and rule violations. All of these risks could upend financial stability through a “black swan” event, Guo told the People's Daily,
See Original Article

Houston Area Real Estate: Leasing Your Next Home

Leasing is an option many in the Houston area enjoy over buying. Which communities are the best? By Bryan Kirk, Patch Staff | Jan 16, 2018 7:51 pm ET. 0. Houston Area Real Estate: Leasing Your Next Home. HOUSTON, TX — Leasing is an option that many Houstonians enjoy, when the other option
See Original Article

76 Fortune Crescent, Richmond Hill, ON, House For Sale

76 Fortune Crescent, Richmond Hill House for sale (MLS® N4022171). Check out property details, home price, nearby schools and neighbourhood information.
See Original Article

€250m redress paid to tracker mortgage customers

A quarter of a billion euro has been paid to Irish tracker mortgage holders who were done out of low-cost interest rates by banks, says Minister for Finance Paschal Donohoe. Redress and compensation were made by the end of last year to 12,900 customers who paid too much for their loans. They were
See Original Article

Bank Zero: innovation key to new app-driven bank

Michael Jordaan-backed Bank Zero is set to become SA's first mutual bank since 2012, promising simplified fee structures and considerable black ownership and allowing depositors to become shareholders. Bank Zero, which is an app-driven bank co-founded by Jordaan, a former First National Bank
See Original Article

Budget 2018: Can Narendra Modi govt's last full budget bolster housing market?

The “Housing for All by 2022” mission has set the stage for a robust recovery in the residential property market. In the past two years, we have seen an unprecedented focus on reforms channelised through the Benami Transactions (Prohibition) Amendment Act 2016, demonetisation, Real Estate
See Original Article

California Indoor Farming Startup Plenty Plans to Launch Global Operations in China and Japan

Matt Barnard, Chief Executive Officer of U.S.-based vertical farming start-up Plenty, pictured in Beijing, China on Jan. 17, 2018. Jason Lee—Reuters. By Reuters. 3:15 AM EST. Ambitious U.S. indoor farming startup Plenty is seeking urban sites for new farms in Chinese cities as part of a global drive to set
See Original Article

Bid-Ask Gap Persists Even as Price Appreciation Slows

The investment sales market should be riding high along with healthy liquidity and strong investor demand to buy commercial real estate assets. … However, RCA data also reveals a trend of declining price appreciation and a still sizable gap between seller and buyer expectations that is contributing to a
See Original Article

Should Your Next Investment In The Real Estate Industry Be In Westfield Corporation (ASX:WFD)?

Westfield Corporation (ASX:WFD), a AUDA$19.10B large-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investment trust, or a REIT, is a collective vehicle for
See Original Article

Ladue developer admits bank fraud

ST. LOUIS • A developer from Ladue pleaded guilty to a federal charge of misapplying bank funds Tuesday and admitted helping defraud a bank to pay off millions of dollars in delinquent real estate loans. Michael Litz, 63, admitted “aiding and abetting” co-defendant Shaun R. Hayes in misusing funds of
See Original Article

Metro Detroit home sales end 2017 on high note

Of the 4,436 homes sold in December in metro Detroit, the median sales price was $170,000, up 6.3 percent from $159,900 in 2016. In Detroit, where the housing market is still catching up, 357 homes sold about a month faster and for an average of nearly $10,000 more year over year. With improving
See Original Article

Banks face a seismic technological upheaval – PSD2 is only the start

The Second Payment Services Directive (PSD2) came into force across the EU last Saturday, opening access to consumers' financial data to thousands of companies that aren't banks. The UK went a step further with Open Banking, enabling fintech players and retailers to take over the ownership of
See Original Article

Energizer buying Rayovac batteries for $2 billion

“The combination will enable us to leverage Spectrum Brands' manufacturing assets, significantly expand our international business and enhance our long-term brand building capabilities as we broaden our portfolio with the Varta and Rayovac brands and our geographies with Spectrum Batteries'
See Original Article

Ponzi Scheme BitConnect Plummets 90%

Ponzi Scheme BitConnect Plummets 90%

For naive investors who invested in BitConnect (BCC), today marks an exponentially bigger loss than the general cryptocurrency downtrend. After discontinuing its “lending” program, BCC instantly plummeted over 90% from the day's high, dropping from over US$330 to a low of just under $20.
See Original Article

Google Home and Chomecast May Be Interfering With Users' Wi-Fi

… the router and/or disabling the “Cast” function on devices until “an update is released to permanently fix this issue on the device itself.” “We're aware that a small number of users are having issues and our team is working quickly to share a solution,” a Google spokesperson told Fortune in a statement.
See Original Article

Bitcoin Continues to Plummet After Its Biggest Daily Crash in Four Months

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 7% on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The price of the world's biggest and best known
See Original Article

Banks cut savings interest rates over holiday season

The big four banks have quietly taken the knife to savings account interest rates during the summer months, with many customers now earning less than 1 per cent on their cash held in the bank. Commonwealth Bank, National Australia Bank and Westpac have all sliced some of the rates paid on their
See Original Article

3 burning real estate marketing questions (answered)

It's that time of year when the rest of the world is still taking down holiday decorations and our thoughts are on the spring market. What will you do to build your brand and attract more clients this year? As a content writer who specializes in real estate, I want to be a resource for you this year and give you
See Original Article

What You Need to Know About Jared Kushner, Ivanka Trump, Wendi Deng Murdoch, and Chinese …

On Monday, the Wall Street Journal reported that counterintelligence officials in early 2017 warned Jared Kushner that Wendi Deng Murdoch might be using her relationship with Kushner and his wife, Ivanka Trump, to aid the Chinese government. Here's what you need to know.
See Original Article

Gov't to Introduce Measures to Cool Down Property Market

Finance Minister Kim Dong-yeon says the government may introduce a higher property tax as a means to clamp down on the speculative property market. Kim made the … He said the party would push for stronger measures to cool down the overheating housing market, including a higher property tax.
See Original Article

How Michael Larson Exploited A Loophole To Win A Game Show Fortune

For at least one brief moment, Larson won a small fortune, not by cheating, but by beating one of America's largest corporations at its own game. Mr. Jacobs is founder and CEO of Juniper Research Group, a policy consulting firm based in Washington. He has appeared on episodes of Jeopardy! and
See Original Article

Norway's DNB will lend more to big firms in 2018 -executive

OSLO, Jan 16 (Reuters) – Norway's DNB, the country's biggest bank, has significant funds available for lending to large corporation in 2018, executive vice president Harald Serck-Hanssen told Reuters on Tuesday. “There's a change here. While we've been cutting back on lending to big firms in the last
See Original Article

Seven Predictions for the Multifamily Sector in 2018

Some deliveries expected to take place last year have shifted into 2018, says Mark Culwell, managing director at Transwestern Development Company, a commercial real estate development firm. “I think deliveries have been extended beyond what most of us expected,” he notes. One reason for these
See Original Article

6 secrets to getting a real estate listing every day

We all know that listings are essential to success. Increasing the number of listings you collect each month allows for more possibilities for your business, and it's the most direct way to improve your real estate productivity. The keys to achieving an increase in your listings are improving your branding,
See Original Article

DBP to boost lending for social services in 2018

State-owned Development Bank of the Philippines (DBP) will ramp up its lending activities for social services that cover health care, education, housing and community development this year, a top official said. DBP President and COO Cecilia C. Borromeo said the bank is gearing up to support more
See Original Article

Are we going to say goodbye to cash-back mortgages?

An amendment to a bill aimed at limiting interest rates on mortgages could see banks also banned from offering customers cash back on their mortgages. If enacted, it is hoped that banks will have to compete on the basis of their interest rates, rather than the selection of incentives they can offer potential
See Original Article

Yen Is Top Currency Wager for Funds Betting on BOJ Shift

A minor tweak in the Bank of Japan's bond purchases has emboldened investors to bet the central bank is about to wind back monetary stimulus. Going long on the yen is the biggest currency wager for AMP Capital Investors Ltd.'s Nader Naeimi. Singapore-based hedge fund Kit Trading Fund Ltd.
See Original Article

Indian Bonds Slide as RBI Says Banks Must Manage Own Rate Risk

Indian sovereign bonds and the rupee tumbled after a central bank official warned banks they can't keep relying on the regulator to manage their interest-rate risks, as the rout in the debt market extended into its sixth month. “The regular use of regulatory help isn't desirable from the point of view of
See Original Article

Tech-Powered Real Estate Brokerage Redfin Launches in Connecticut

In addition to its technology, what sets Redfin apart from other brokerages is that its agents are employees of the company who are paid a salary and … Redfin Open Book: A resource for buyers and sellers that includes reviews of lenders, inspectors, title companies, handypeople and stagers, as well as
See Original Article

Bitcoin, Ethereum and Ripple Are Suffering Massive Plunges Yet Again

Bitcoin is falling again. On Tuesday morning, it fell as low as $11,750, representing a massive 24-hour drop of almost 15%. The most popular cryptocurrency isn't the only one to be sliding. Ethereum was down 21% to $1,046. Ripple, which has recently been picking up a lot of attention on the back of
See Original Article

Rio Tinto Gets First Copper From Giant Mine Since 2014

Rio Tinto Group has booked copper output from the giant Grasberg mine joint venture for the first time since 2014 — just as the company weighs plans to exit the operation in Indonesia. London-based Rio expects to receive 5,700 metric tons from the mine for 2017, according to its quarterly production
See Original Article

This Year Looks Different for US Inflation as Wall St. Braces

Laid low for most of the past decade, U.S. inflation is showing signs that it might begin to stage a comeback in 2018. Among the forces coalescing to propel prices higher: the strongest domestic and international economies since the start of the decade, the lowest unemployment rate in 17 years, oil's
See Original Article

Spotify IPO, Crypto Crash, Carillion Collapses: CEO Daily for January 16, 2018

It's accepted wisdom that the pace of change in business is accelerating. When we asked Fortune 500 CEOs last year whether their companies would change more in the next five years than in the last five years, 96% agreed. “Disrupt yourself, or be disrupted,” has become standard management advice.
See Original Article

Pueblo's housing market caps best year since 2007

Pueblo's housing market caps best year since 2007

The local report, which also includes townhomes, showed a decline of 9 percent in the number of sales in December from a year earlier. For all of 2017, home sales were up 11 percent to 2,868, the local report said. Townhomes and condos make up only a small fraction of the Pueblo housing market.
See Original Article

Clayton real estate developer, 2 others plead guilty in bank fraud scheme

ST. LOUIS – A Clayton real estate developer, an ex-banker and a former loan officer all pleaded guilty to bank fraud in connection with a bank that failed in 2012. According to a press release from the U.S. Attorney's Office, 56-year-old Shaun Hayes of Frontenac, 61-year-old Michael Litz of Ladue and
See Original Article

Guelph rated third best city for millennials

According to Point2Homes, a real estate blog that monitors and analyzes real estate market trends, Guelph is the third best city in Canada for millennials. Point2Homes looked at Canada's biggest 85 cities and assessed how they would be for those age 18 to 24 based on nine criteria: home affordability,
See Original Article

Somewhat Favorable News Coverage Somewhat Unlikely to Affect TowneBank (TOWN) Share Price

Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. … provides residential real estate services, originations of a range of mortgage loans, resort property management, and residential and commercial title insurance.
See Original Article

Why alternative investments thrived above global real estate market in 2017

eProperty News quoted TC Chetty, RICS Country Manager in South Africa: “The report aims to highlight some of the trends and perspectives which influence risk management in real estate investment, and is designed to stimulate further discussion and act as a foundation for ongoing leadership in this
See Original Article

US, Japan warn North Korea playing for time as talks press on

Japanese Foreign Minister Taro Kono called on the international community to be clear-eyed about North Korea's motivations for participating in the talks, … “I believe that North Korea wants to buy some time to continue their nuclear and missile programs,” Kono said at a meeting with his US, South
See Original Article

Types of Home Loans: How to Choose the Best Mortgage for You

Looking to buy a home? When house hunting, you'll want to keep your financing options top of mind. Figuring out the right mortgage for you can be complicated, as there are many variables. What's the interest rate? How does your credit rating affect it? Are you eligible for any low-cost government
See Original Article

Capstead Mortgage (NYSE:CMO) Earns Daily Media Sentiment Score of 0.23

Capstead Mortgage logo Headlines about Capstead Mortgage (NYSE:CMO) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage
See Original Article

'Little chance' for minimum wage workers to get mortgage for one-bed apartment

Most individual wage earners in Ireland would not meet the criteria to apply for a mortgage for a one-bed apartment anywhere in Dublin, while a full-time minimum wage earner would have “little chance” of getting a mortgage for the same type of property in Cork, Galway, or Limerick cities, writes Stephen
See Original Article

AGs urge Congress to move on cannabis banking

Nineteen state attorneys general, including Oregon Attorney General Ellen Rosenblum, urged Congress in a letter Tuesday to pass legislation allowing legalized marijuana businesses access to banking services. Allowing banks to serve the cannabis industry would “bring billions of dollars into the
See Original Article

Banking system 'sound' despite huge withdrawals

Jan 17, 2018-Withdrawal of billions of rupees from banks and financial institutions to settle income tax liabilities did not affect the liquidity situation of the banking system as drastically as feared, as interbank rates have not fluctuated much and none of the bank has so far exceeded the regulatory lending
See Original Article

Japan Broadcaster Joins Hawaii in Issuing False Missile Alert

Japanese national broadcaster NHK issued a false alert about a North Korean missile launch, adding to questions about the reliability of early-warning systems after a similar incident in Hawaii. The broadcaster issued a “J-Alert” at 6:55 p.m. Tuesday via its app and website, urging people people to take
See Original Article

Demand for home loans strong despite cooling property market

First home buyers appear to be the big winners from cooling home prices in Sydney and Melbourne, with the number of loans to this category of buyer rising from 17.6 per cent to a five-year high of 18 per cent. Economists say the increase was also boosted by state government measures to make it
See Original Article

Here's what 7 major banks think will happen to the Swedish housing market in 2018

After almost a decade of record price surges, the Swedish housing market is plunging. Prices fell 7.8 percent in three months to December, the steepest decline since late 2008, according new data from the Valueguard-KTH Housing Index, HOX Sweden. Prices were down 2.5 percent from a year earlier,
See Original Article

Real Estate Software Market Research 2018 – Market Size, Share, Types, Applications, Trends …

Real Estate Software Market report offers an inclusive and decision-making overview, including definitions, classifications and its applications. The Real Estate Software market is anticipated to reflect a positive growth trend in forthcoming years. The essential driving forces behind the growth and
See Original Article

Subprime Lending Power Player Victory Park Expands Overseas

Victory Park Capital — a Chicago-based investment firm — is a key player in the alternative financial services movement, providing debt capital for a string of familiar names in online lending. Avant, Elevate and LendUp, for example, are among the digital lenders that have worked with Victory Park in the
See Original Article

Short selling receives green light in Kenya

Kenya's Capital Markets Authority (CMA) has given the green light to the Nairobi Stock Exchange (NSE) to launch a short selling and supporting securities lending facility. The short selling facility is expected to boost liquidity in the Kenyan capital market and also attract investors. Although progress was
See Original Article

FY2017 Earnings Estimate for Arlington Asset Investment Corp (AI) Issued By B. Riley

Arlington Asset Investment Corp (NYSE:AI) – Research analysts at B. Riley lowered their FY2017 earnings estimates for Arlington Asset Investment in a report released on Thursday. B. Riley analyst J. Levi-Ribner now forecasts that the financial services provider will post earnings per share of $0.61 for
See Original Article

Walmart Takes on the Opioid Crisis With a New Tool That Destroys Drugs

As Fortune reported in an in-depth report on the crisis in September, an American is now far likelier to die of a drug overdose than in a car crash. In 2015, opioid overdoses claimed 91 lives a day in the U.S.. While drug distributors like McKesson have borne the brunt of criticism, pharmacy operators have
See Original Article

Bank Zero: A new app driven bank created by FNB's former CEO

The new bank was granted a provisional licence after an evaluation process by the South African Reserve Bank. “Bank Zero will make use of a mutual bank licence. The mutual banking concept mirrors current social media trends and benefits customers by allowing for the support and creation of
See Original Article