The CMA's Open Banking 'nursery' is playing fast & loose with Customer Consent

The CMA's Open Banking 'nursery' is playing fast & loose with Customer Consent

Open Banking is the central plank of the second most significant payments directive to come out of Europe this Millennium (PSD2). Like its forerunner nearly a decade before, its principal aim is to loosen the vice like grip large retail banking giants hold over their customers and perhaps more specifically
See Original Article

Deutsche Bank gambles German goodwill with bonus bonanza

But even the German government, which normally keeps a low profile when it comes to voicing opinions on private sector pay, aired its own scepticism after Deutsche Bank announced its third annual loss in a row, due to a drop in revenue from investment banking and a U.S. tax reform, but paid its staff
See Original Article

Brush Gear Housing Market Size, Sales, Growth Drivers, Opportuni

Brush Gear Housing Market research report provides Emerging Market trends, Raw Materials Analysis, Manufacturing Process, regional outlook and comprehensive analysis on different market…
See Original Article

Real Life Fate And Fortune Cards

reddit: the front page of Tweet Real Life Fate And Fortune Cards! the picture from the ingame files and went to a random website where they make custom Infinite Warfare. In this all-new zombies co-op experience, new gameplay bring brand-new team mechanics, the After Life Arcade, and Fate
See Original Article

Italy banking: How Carige beat the clock

This could be heartening news for other mid-tier Italian banks looking to raise capital and satisfy the ECB's push for them to off-load bad debts – not least Credito Valtellinese, which is launching a rights issue for €700 million this year from its headquarters in the small Italian Alpine town of Sondrio.
See Original Article

CFPB's office of fair lending now within acting director's office

According to an internal email first brought to light by The Washington Post and later obtained by SubPrime Auto Finance News, CFPB acting director Mick Mulvaney indicated the office of fair lending and equal opportunity will be transferred to the director's office as part of the office of equal opportunity
See Original Article

The FHLB Dallas Advisory Council Welcomes 20-Year Affordable Housing Veteran Samuel Sanders

BUSINESS WIRE)–The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the recent appointment of Samuel Sanders to FHLB Dallas' 2018 Affordable Housing Advisory Council (Advisory Council). His three-year term began January 1, 2018 and will expire December 31, 2020.
See Original Article

NAHB: 2017 Was a Good Year for Housing

These positive conditions are clearly reflected in the current reading of single-family home builder confidence, the monthly NAHB/Wells Fargo Housing Market Index (HMI). The HMI registered a level of 74 in December, the highest reading of builder sentiment since 1999. Particularly encouraging was
See Original Article

SoFi Fell Short of Ambitious Lending Goal During Tumultuous 2017

Social Finance Inc. set an internal goal of lending more money in 2017 than it had in the previous five years combined. … The Silicon Valley lender, which focuses on wealthy borrowers, missed its goal of $17.5 billion in loans by 26 percent, people with knowledge of the matter said, as the company
See Original Article

EIB issues EUR9 mln guarantees to Ukrgasbank to support SME lending

EIB issues EUR9 mln guarantees to Ukrgasbank to support SME lending … The European Investment Bank (EIB) and the European Investment Fund (EIF), which are the members of the EIB Group, have issued EUR9 million guarantees to Ukrgasbank (Kyiv) to support lending to small and medium-sized
See Original Article

Daily Poll: Do you agree with the UBCM that more needs to be done to curb speculation in …

The Union of B.C. Municipalities has published a report with a list of recommendations to help cool Metro Vancouver's over heated real estate market by going after speculators. Some of the suggestions include expanding the tax on foreign buyers to include pre-sale contracts for condos, and expanding
See Original Article

Masthaven partners with L&G Mortgage Club for seconds

Danny Belton, head of lender relationships, Legal & General Mortgage Club, said: “I am delighted to have Masthaven as part of Legal & General Mortgage Club's second charge offering. “Masthaven's proposition offers strong and competitive criteria in this sector of the mortgage market and their
See Original Article

Builder Confidence in 55+ Market Rose 12 Points in Q4

Washington, DC, February 2, 2018-Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI).
See Original Article

NAHB Data Show 55+ Housing Market Is Strong

New survey data measuring builder sentiment in the 55+ single-family housing market showed strong gains in the last quarter of 2017. The National Association of Home Builders' 55+ Housing Market Index (HMI) rose 12 points to a record high of 71, the 15th consecutive quarter that the index was over
See Original Article

Quicken Loans could grow in Charlotte, CEO says

In 2010, Quicken Loans opened its first Charlotte office as the online mortgage lender was expanding outside its home state of Michigan. This week, the chief executive of the Detroit-based company said he sees room to bulk up the firm's Charlotte operation, which employs more than 350 people at 6135
See Original Article

Fortune Road

(read more) | Home | Fortune Road Church Of Christ Whether you live in the Kissimmee area, or are planning to visit Disney World and other area attractions, we would love to have Home for Sale: House located at 2890 Fortune Road, Kissimmee, FL 34744 on sale for $292,000. Login or Register to add
See Original Article

Chicago, Non-Profit Green Lending Program Info Meeting

Learn more about the Nonprofit Green Lending Program and how it could benefit your faith community on Monday, February 5, 2018 at 9am. Illinois State Treasurer Michael Frerichs will announce Just Christ Ministries as the first loan recipient of the Non-Profit Green Lending Program. The program
See Original Article

Denver-based real estate investor EverWest purchased by Canadian firm for $1.6 billion

The real estate arm of Canadian insurer Great-West Lifeco Inc. is making its first move into the U.S., acquiring Denver-based EverWest Real Estate Partners LLC to gain access to the larger market and help clients diversify their property portfolios. EverWest's C$2 billion ($1.6 billion) holdings include
See Original Article

Capital Region housing market feels effect of low inventory in 2017

The economy may be strong and incomes climbing, but housing inventory remains stubbornly low, suppressing the number of houses changing hands. Current listings on the market are getting snapped up by eager buyers. The average number of days listings were on market dropped by 10.5 percent to
See Original Article

Lenders to Treasury: Allow alternative to IRS income verification

Problems with the IRS-managed Income Verification Express System, or IVES, have stoked concerns about delayed mortgage closings when volume picks up this spring. The Consumer Mortgage Coalition wants the Treasury Department to allow mortgage lenders to access the National Directory of
See Original Article

Fortune woman charged for allegedly stealing funds from United Towns Minor Hockey Association

Fortune woman charged for allegedly stealing funds from United Towns Minor Hockey Association

Two Newfoundland men pleaded guilty to offences under the Migratory Birds Convention Act and were sentenced at provincial court in Grand Bank last month. FORTUNE, NL – A Fortune woman is facing charges in relation to the alleged theft of funds from the United Towns Minor Hockey Association.
See Original Article

Mortgage rate jump didn't slow applications to purchase or refinance homes… yet

The benchmark 30-year fixed-rate mortgage averaged 4.22% during the week ending February 1, Freddie Mac said Thursday. That was up 7 basis points from the prior week and leaves rates nearly 30 basis points higher than where they started the year. The latest push also marked the first week in
See Original Article

Real Estate Moguls Who Bankrolled Trump Victory Are Donating Big for His Reelection

Donations from New York, Los Angeles and south Florida real estate interests accounted for at least 21 percent of the $16.4 million raised last year for the Trump Victory fund. A joint committee of the Trump campaign and the GOP, the fund allows individuals to give close to $450,000, The Real Deal
See Original Article

Estée Lauder Is One Company Millennials Aren't Killing

Estée Lauder Cos (el, +1.23%) might be named for classic, high-end products, but the 72-year old beauty company is proving deft at lining up brands that are drawing younger consumers. The company on Friday reported quarterly sales for the period ended Dec. 31 rose 17% to $3.74 billion.
See Original Article

Mortgage rates jump even higher after positive jobs report

… if a borrower took out a $200,000 mortgage in the middle of December, when the average rate was around 3.875 percent, they would have had a monthly payment of $940 (that's not including taxes and insurance). If they were to take out that same loan today, the monthly payment would be $1013.
See Original Article

How to Get a Mortgage With No Down Payment

In fact, although most mortgages require a down payment in some amount, 20 percent is far from standard. While it's true that the most favorable terms are generally reserved for well-qualified applicants who can make a 20 percent down payment, you can take advantage of various mortgage programs
See Original Article

Investors Title Company (ITIC) Is At $193.24 Formed Wedge; Rush Enterprises, Inc. (RUSHA) Had …

Investors Title Company (ITIC) formed wedge up with $199.04 target or 3.00% above today's $193.24 share price. Investors Title Company (ITIC) has $364.65 million valuation. The stock decreased 0.65% or $1.26 during the last trading session, reaching $193.24. About 2,621 shares traded or 17.59%
See Original Article

National Rent Average Down Very Slightly

The national trend of rent increases hit a tiny roadblock in the latest data report from ADOBO, which found February's rent average down by a scant 0.2 percent, the first decline in rents since last August. The national median rent for one-bedrooms dropped from $1,046 in January to $1,044 this month.
See Original Article

RCIB takes on title sponsor role for AmD Tuning's MGs

AmD Tuning has secured RCIB Insurance and sister company AutoAid as title sponsors for its new MG programme in the 2018 British Touring Car Championship. The team is aiming to return the MG 6 GT to the front of the field as it extends its line up for the BTCC's 60th anniversary season. Team boss
See Original Article

Does Office Vacancy Rates Support a Patriots Super Bowl Win?

Football legend-turned-commercial real estate executive Roger Staubach is making his annual prediction for the Super Bowl winner based on the commercial property markets where the rival teams are based. Staubach, who is executive chairman for JLL America, noted that Boston lags behind
See Original Article

The Future of Commercial Real Estate: Market Dynamics and Technology T

Market Trends by region and asset class The ways technology is fundamentally changing the CRE industry How technology can help grow and scale your firm.
See Original Article

If US Dollar Rebounds, Consider This Small-Cap ETF

The hedged ETF would outperform similar non-hedged strategies if foreign currencies depreciate against the greenback. DBES allocates nearly 37.5% of its combined weight to industrial and consumer discretionary stocks. Financial services, technology and real estate names combine for nearly a third
See Original Article

IPA Brokers $20M Value-Add Sale in Tucson

… Switzerland-based asset-manager. The seller, HSL Properties, was represented by Hamid Panahi, first vice president of investments, along with Steve Gebing and Cliff David, senior managing directors. The transaction was subject to a permanent $13.3 million Freddie Mac loan originated by Berkadia
See Original Article

Deutsche Bank Traders Finally Have Something to Smile About

Deutsche Bank AG Chief Executive Officer John Cryan, seeking to restore morale after massive bonus cuts last year, raised compensation for traders and bankers … Cryan is trying to motivate and retain highly-paid investment banking staff, while keeping a lid on costs after three straight years of losses.
See Original Article

Competitively Optimistic

“The profile of the resident has really changed,” Amoroso, a principal in St. Petersburg-based Mosaic Development LLC, told a crowd of more than 500 commercial real estate participants who gathered Jan. 24 in Tampa for an annual Urban Land Institute discussion of “Emerging Trends in Real Estate.”.
See Original Article

Buying a new house before selling your old one has its challenges

When a homeowner applies for a mortgage to purchase another house, since the borrower can permanently occupy only one house, the practice is to view the purchased house as the borrower's residence, leaving the existing house as an investment property. Investment loans are riskier than loans
See Original Article

Fifth Third aiming for big mortgage gains in '18

“Greg brings an extensive knowledge of the mortgage business. He understands that buying a home is a very rewarding and stressful experience for customers,” said Senior Vice President and Mortgage G roup Sales Manager Tom Stoll. “His strength is leading customers through the process by putting
See Original Article

Will 2018 Be The Knock-Down Blow For Housing?

In boxing, a “one-two” punch can be fast and painful. The Canadian housing market felt the unpleasant combination after being hit with regulatory changes and higher rates. Michael Dolega, Senior Economist, TD Bank, talks to Sara D'Elia about how some buyers are tapping the “Bank of Mom and Dad”,
See Original Article

Watchdog probes Maltese bank criticized by Daphne Caruana Galizia

The European banking watchdog opened a probe into a private bank that was a target of Daphne Caruana Galizia, the Maltese journalist killed by a car bomb last year. According to the Guardian, the European Banking Authority is conducting “preliminary enquiries” into Pilatus Bank following requests
See Original Article

Arrow Electronics Again Named to FORTUNE's Most Admired Companies List

CENTENNIAL, Colo., January 19, 2018 /3BL Media/ — FORTUNE today named global technology-solutions provider Arrow Electronics, Inc. (NYSE: ARW) to its “World's Most Admired Companies” list for the 18th time. For the fifth consecutive year, Arrow placed first in the “Wholesalers: Electronics and
See Original Article

Employment surges in January lead by construction jobs increase

Employment surges in January lead by construction jobs increase

“In this morning's jobs report we see some good news for the housing market both in terms of demand and supply,” Redfin Senior Economist Taylor Marr said. “After almost 10 years of stagnant wage growth, average hourly earnings increased 2.9% from last year.” “This was the biggest wage increase
See Original Article

IMN: beneficial owners can lend, but they should not bend

The most important factor for beneficial owners to consider before lending is to know who is the borrower, according to conference speaker Sudha Datta, president of SL&C Consulting. During a panel at the IMN's 24th Annual Beneficial Owners' International Securities Finance & Collateral Management
See Original Article

Current Mortgage Rates for Friday, February 2, 2018

Mortgage rates are on the rise today after a very solid monthly jobs report for January got released early in the morning. It's been a notable week for the market, with the 10-year yield surging to a four-year high. Mortgage rates tend to move in the same direction as the 10-year yield, and have similarly
See Original Article

Agricultural Lending Increases, As Do Interest Expenses for Farmers

Lending at agricultural banks increased sharply in the fourth quarter, after appearing to stabilize in previous quarters. Large loans drove the increase in farm lending, which may heighten concerns about cash flow in 2018 as interest rates have continued to rise steadily. At the same time, farm income has
See Original Article

Deutsche Bank Is Fine, Apart From the Bank Bit

Deutsche Bank's asset-management business, which accounts for about one-tenth of the company's revenue, was the only unit to report a return on equity of more than 2 percent for 2017. Across the firm, Deutsche Bank's overall return on tangible equity last year was negative. Considering the industry's
See Original Article

A Tale of Two Sanctuary States in the Age of Trump

As Republicans and Democrats in Washington battle over immigration, the real war is being waged at the state and local level, where police and politicians have to weigh the needs of their communities against President Trump's agenda to crack down on undocumented immigrants. The country's two
See Original Article

Budget disappointment: Real estate sector says it needs three fixes

Budget 2018 brought little cheer for the real estate sector, struggling with a credibility crisis, the impact of demonetisation, regulatory reforms, and low interest, overall. There was little in the Budget that could stimulate demand. Anuj Puri, Chairman of ANAROCK Property Consultants, for instance, noted
See Original Article

So Are Fidelity National Financial, Inc. (FNF), AK Steel Holding Corporation (AKS) A Value Trap Or …

Fidelity National Financial, Inc. (NYSE:FNF) has a price-to-sales ratio of 1.2, well above its Surety & Title Insurance competitors. For the industry, the average P/S ratio sits at 0.77, which is less than the sector's 6.48. In the past 13-year record, this ratio went down as low as 0.2 and as high as 1.09. Also
See Original Article

Possible trends and changes in the build-to-rent sector

Names such as Rightmove, Zoopla and Purplebricks are now well established but at the time they arrived they were seen as challenging elements of the status quo in the real estate market. The boom in the Private Rented Sector and the shift from a “real estate” to a “consumer” focus makes this sector
See Original Article

Treasury Warns of Wide Impact If US Sanctions Russian Debt

… Treasury Department warned that expanding sanctions to new Russian sovereign debt and derivatives could destabilize financial markets and spread beyond Russia to have “negative spillover effects into global financial markets and businesses,” according to a Treasury report obtained by Bloomberg
See Original Article

Portland launches study of city's rental market

“We encourage property owners to respond to this survey to help us understand the market for rental housing in the City,” City Councilor and Housing Committee Chairwoman Jill Duson said in a written statement. Portland's housing market has been a source of concern in recent years, in terms of safety,
See Original Article

Morning Coffee: What middle-class 32-year-olds do when they leave banking now. Time for …

People leaving traditional financial services for cryptocurrency startups is becoming more common, but no one has a career arc quite like former Deutsche Bank and Citi trader Arthur Hayes. Hayes grew up a middle-class boy – both of his parents worked at General Motors in Buffalo – who really wanted
See Original Article

Nordea banking group to list Finnish unit on Scandinavian exchanges

LONDON, Feb 2 (Reuters) – Nordea, the Nordic region's biggest banking group, said on Friday it has applied to list its Finnish unit's shares on the Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen exchanges. The application is part of preparations for the planned re-domiciliation of the
See Original Article

Mortgage Loan Consultant / Loan Officer at Ultimate

Ultimate Staffing is partnering with a Credit Union in San Antonio to identify an experienced Mortgage Loan Consultant / Loan Officer.
See Original Article

Jonah Hill's brother leaves fortune to children

The music manager left over $5 million in different accounts to his children Joshua and Charlie, according to The Blast. They will also inherit his Live Nation stocks and his share of digital rights to the music he was vested in. Feldstein managed Maroon 5 and Robin Thicke among other artists. His dad
See Original Article

Dems Demand Answers From Mulvaney on New Payday Lending Policy

Elizabeth Warren of Massachusetts—say that since taking office late last year, Mulvaney has taken action three times to reverse the agency's diligent policing of payday lenders. Mulvaney announced last month that the CFPB was re-examining its huge payday lending rule and it filed for dismissal of a
See Original Article

Envy-worthy projects: Ottawa condo luxury market on the rebound

Much like the housing market in general, Ottawa's high-end and luxury apartment niche is seeing a resurgence after several years of stagnation. From high-end rental units to executive and custom-like luxury condos, new projects are dotting the landscape, while the logjam in the $1-million-plus resale
See Original Article

HUD awards $1.5 billion for Puerto Rico hurricane recovery

Mortgage lender Freddie Mac estimated in October that damage costs would fall somewhere between $45 billion and $95 billion, and residential real estate, which was thought to be among the biggest drivers of economic loss, could be between $25 billion and $55 billion. The recovery funds come from
See Original Article

Scholarship opportunity regards real estate investment trends

Applicants for the Adrian Rubin Scholarship must write a 500 word essay that answers the question “How do you think real estate investment trends will change over the next five years?” Fourth-semester computer science major Syed Asar said he saw the essay's topic as a deterrent to applying for the
See Original Article

Crown Castle International's (NYSE:CCI) “Buy” Rating Reaffirmed at Deutsche Bank

Crown Castle International Corp. (REIT) logo Deutsche Bank reiterated their buy rating on shares of Crown Castle International (NYSE:CCI) in a research report released on Monday, January 22nd. They currently have a $120.00 target price on the real estate investment trust's stock. A number of other
See Original Article

Ontario regulator revokes mortgage broker BDMC license after probe

Ontario regulator revokes mortgage broker BDMC license after probe

TORONTO, Feb 2 (Reuters) – Ontario's financial regulator said on Friday it has revoked the license of mortgage brokerage BDMC and Vince Petrozza, a co-founder of Fortress Real Developments, following an investigation into syndicated mortgage investments. In a special report published in November
See Original Article

US Real Estate Looks Good to Canadian Investors

The real estate arm of Canadian insurer Great-West Lifeco Inc. is making its first move into the U.S., acquiring EverWest Real Estate Partners LLC to gain access to the larger market and help clients diversify their property portfolios.
See Original Article

Bitcoin Is the 'Biggest Bubble in Human History,' Economist Says

“Dr. Doom” isn't mincing his words when it comes to the crypto boom and bust. Nouriel Roubini of Roubini Macro Associates said Bitcoin is the “biggest bubble in human history” and this “mother of all bubbles” is finally crashing, in an interview with Tom Keene and Francine Lacqua on Bloomberg
See Original Article

Edison International (EIX) Shares Bought by SG Americas Securities LLC

Edison International logo SG Americas Securities LLC increased its stake in shares of Edison International (NYSE:EIX) by 155.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 49,357 shares of the utilities provider's stock after buying an additional
See Original Article

Budget 2018: FinTech will revolutionise lending in India, says Faircent CEO

Lending is one of the oldest professions in the world and is one of the pivotal reasons for the banking system to take shape. There is evidence of lending activities dating back to 2,000 BC between merchants, farmers and traders. When lending started getting a formal structure banks started to evolve and
See Original Article

Hovnanian Completes Debt Restructuring

As part of such financing transactions, the company's wholly-owned subsidiary, K. Hovnanian Enterprises, Inc. accepted all of the $170,226,000 aggregate principal amount of the 8.000% Senior Notes due 2019 tendered in its previously announced exchange offer. On February 1, K. Hovnanian issued
See Original Article

Mondelez International Inc (NASDAQ:MDLZ) Shares Sold by Oakbrook Investments LLC

Oakbrook Investments LLC lowered its stake in Mondelez International Inc (NASDAQ:MDLZ) by 11.5% during the fourth quarter, according to its … Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $52.00 price target on shares of Mondelez International in a research report on Thursday.
See Original Article

Bitcoin Investors Have Lost Nearly $87 Billion This Year

The last 24 hours have been a bloodbath on the cryptocurrency market, with Bitcoin, Ethereum, and Ripple all posting substantial drops, but the year-to-date numbers are even more worrisome. Since the first of the year, Bitcoin's market cap has dropped by $86.7 billion. The digital currency has seen its
See Original Article

Hunt Mortgage Group Refinances an Age Restricted Housing Property Located in Boise, Idaho

(MENAFN Editorial) NEW YORK, Feb. 2, 2018 /PRNewswire/ –, a leader in financing commercial real estate throughout the United States, announced today it provided a $1.8 million Freddie Mac Small Balance Loan to refinance a multifamily property located in Boise, Idaho. Leisure Villa Apartments is a
See Original Article

Bank lending closes flat in December

Bank lending closes flat in December. 02 Feb 2018 09:00. By Jamie Lee. BANK lending in Singapore closed off 2017 on a flat note, reflecting the contraction in lending in key business segments that include finance, construction and trade. Loans through the domestic banking unit – which captures
See Original Article

Ugly surprise ahead for Canadians renewing their mortgages

Real estate analyst Ben Rabidoux of North Cove Advisors is warning that Canadians set to renew their mortgages are in for an ugly surprise. Mr. Rabidoux calculates that the increase in mortgage payments from new mortgages is at a 25-year high. “@BenRabidoux Mortgage renewal gap (i.e change in
See Original Article

Vail area real estate sales top $2 billion for first time since 2007

The Park Hyatt Beaver Creek was the largest single real estate transaction in 2017 at $145.5 million. Total sales in 2017 exceeded $2 billion for the first time since 2007. It's taken a decade for Eagle County's real estate market to get back to levels set during the boom years between 2005 and 2007.
See Original Article

Study says renting is better bet for housing affordability

Seaside Villas in St. Augustine Beach, pictured on Thursday, is a mix of rental and privately owned units. The 2018 Rental Affordability Report, released in January by ATTOM Data Solutions, pegs St. Johns County's housing market as one best for renting. ATTOM took its numbers for the report from
See Original Article

6 topics to watch at MBA Servicing 2018

Mortgage servicing executives from across the country will assemble just outside of Dallas for the Mortgage Bankers Association's 2018 National … One hot topic will be how servicers are responding to recent natural disasters like hurricanes and wildfires that have affected mortgage borrowers in pockets
See Original Article

Colliers

Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIGI) is an industry-leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. What sets us apart is not what we do, but how we do it. Our culture encourages people to think differently, share
See Original Article

New lending firm in Cebu City

A NEWLY opened lending firm is offering loans to overseas Filipino workers (OFWs), salaried employees and teachers at a low interest rate of 2.5 percent. SanHecBro Lending Inc. offers salary, business and personal loans and aims to help out individuals in immediate need of cash through a legitimate
See Original Article

Headline mortgage rates misleading borrowers

This is according to the latest Mortgage Saver Review from Trussle, which calls for an industry-wide introduction of a 'true cost' metric that takes into account of extra fees and incentives. Here at Moneyfacts, we always prominently display the APRC (annual percentage rate of change) on our mortgage
See Original Article

Morning Scan Fed toughens bank stress tests; CFPB shuffles fair lending unit

Losses: Deutsche Bank said it lost €2.2 billion ($2.7 billion) in the fourth quarter and posted its third consecutive full-year loss. The figure included a €1.4 billion tax-reform-related charge. But the bank also reported sharp revenue declines and higher-than-expected expenses. Wall Street Journal
See Original Article

Oxford Properties Seeking Up to $180M in Acquisition Financing for Midtown East Luxury Tower

The request for 55 to 65 percent,10-year acquisition financing has turned into a healthy competitive battle between CMBS shops, life companies and the GSEs (Fannie Mae and Freddie Mac). “CMBS shops are very competitive right now and have the inside track,” said the source. The financing will be
See Original Article

Govt-backed mortgage scheme prompts 'quite substantial' response from property hunters

Daft.ie say there was a 9% rise in searches for properties that qualify for the scheme last week. Under the plans, some first-time buyers can get a mortgage from local authorities for properties up to €320,000 in the greater Dublin area, Cork or Galway. The cap in the rest of the country is €250,000.
See Original Article

UBS Warns Employees on Possible Tighter Crypto Trading Rules

UBS Warns Employees on Possible Tighter Crypto Trading Rules

“At present the Global Policy on Personal Investment is silent on cryptocurrencies and thus disclosure and pre-clearance is not required” in most cases, UBS told staff this week in a memo seen by Bloomberg and confirmed by the Zurich-based lender. The bank is considering implementing “additional
See Original Article

BT Bet on Apple's Most Expensive iPhone Has Yet to Pay Off

BT Group Plc Chief Executive Officer Gavin Patterson bet big on Apple's most expensive iPhone. The wager has yet to pay off. After spending millions on commercials featuring actor Kevin Bacon and singer Ed Sheeran to advertise new Apple products, BT's mobile unit EE posted only small quarterly
See Original Article

Bank of China pledges $32 bln in funding to spur rental housing market

Soaring prices, particularly in the biggest cities, have also raised concerns that many people are now priced out of the market. Bank of China said its funding plan was in response to calls from China's top leaders who have said they want to ensure “houses are built for living in, not for speculation”, the
See Original Article

Big Banks Accept OPEC Was Right as They Embrace Oil Near $80

Wall Street's biggest banks have changed sides and are embracing a surge in oil prices. Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. have all issued a flurry of bullish forecasts in the past fortnight. They've abandoned their skepticism and are accepting that OPEC's output
See Original Article

Moens still playing key role in assembling Ken Griffin's Palm Beach estate

The estate is now the second-largest, landwise, in Palm Beach, trailing hedge-fund manager Ken Griffin's South End estate. … Agent Stephen Ploof of Linda A. Gary Real Estate is said to be acting on behalf of the couple in the condo deal, although he and broker Linda Gary declined to comment.
See Original Article

4 Reasons To Pay Attention To Humboldt Park Real Estate Activity

As Wicker Park becomes fully gentrified and Logan Square becomes a core residential market, construction of single-family homes in Humboldt Park's eastern half are attracting growing interest from commercial real estate investors seeking opportunities. That is being met with insistence from area
See Original Article

Civil rights, affordable housing groups bash bipartisan Fannie, Freddie reform bill

Civil rights and affordable housing groups are criticizing a draft bipartisan bill to overhaul the housing finance system and revamp Fannie Mae and Freddie Mac, a development that could cement liberal opposition to the legislative effort. The groups called the draft an “ill-conceived approach [that] places
See Original Article

Fortune Brands (FBHS) Tops Q4 Earnings, Gives Solid '18 View

Fortune Brands Home & Security, Inc.FBHS kept its earnings streak alive in the fourth quarter of 2017 with earnings before charges/gains of 80 cents per share, surpassing the Zacks Consensus Estimate of 79 cents by 1.3%. Also, the bottom line increased 13% from the year-ago tally of 71 cents.
See Original Article

Mortgage app volume declines as rates rise

Average rates for both conforming and jumbo 30-year fixed rate mortgages increased to their highest levels since March. Rates for mortgages with conforming loan balances averaged 4.41%, up from 4.36%, with points for 80% loan-to-value ratio loans increasing to 0.56 from 0.54. Mortgages with jumbo
See Original Article

Priscilla Bretschger, 91, teacher and real estate broker

Priscilla Bretschger, a substitute teacher and real estate broker, died Saturday in Canterbury Woods, Amherst, after five months of hospice care. She was 91. Born in Buffalo, the former Priscilla Bassett was a 1944 graduate of Buffalo Seminary and a 1949 graduate of Cornell University, where she
See Original Article

Real Estate sector sees no major relief in this budget : Surendra Hiranandani, CMD, House of …

While there was no direct benefit to the real estate sector from the budget, some measures announced will positively impact the sector. The announcement of a dedicated affordable housing fund in the National Housing Bank (NHB) funded from priority sector lending shortfall and fully serviced bonds
See Original Article

Eagle County's 2017 real estate year its best since 2007 boom days

According to full-year numbers from Land Title Guarantee Co., the local real estate market in 2017 hit levels not seen since 2007 in both sales volume and transaction numbers. That marks the latest milestone in a long, long recovery. In terms of sales volume, the market exceeded $2 billion in sales for
See Original Article

Azerbaijan gets nearly 21% decline in consumer lending

As of January 1, 2018, Azerbaijan-based credit organizations' provision of crediting made up AZN 11,757,800,000, down AZN 4,686,800,000 or 28.5% from previous year, Central Bank of Azerbaijan told APA-Economics. Household loans amounted to AZN 4,606,500,000 or 39.2% of provision of
See Original Article

Data Sheet—How Apple CEO Tim Cook Entertains Wall Street as Sales Grow

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Apple reported mixed results Thursday and, as Aaron reported, investors see-sawed in their interpretation. True, the company offered a sales forecast that was
See Original Article

Roubini Says Bitcoin Is the 'Biggest Bubble in Human History'

Nouriel Roubini of Roubini Macro Associates said Bitcoin is the “biggest bubble in human history” and this “mother of all bubbles” is finally crashing, in an interview with Tom Keene and Francine Lacqua on Bloomberg Television. Bitcoin dropped below $8,000 Friday, a 60 percent tumble from its peak of
See Original Article

Village of Mira Mesa couple scammed out of $22000 in bogus property deal in Cabo San Lucas

The Villages couple told the title company Solutions Title Inc. in Massachusetts and an agent named David Doty would handle the closing. Over the next two months, the couple wired thousands of dollars to an account in Mexico. On Jan. 18, the couple was informed the other party backed out of the deal.
See Original Article

Tiptree Announces Closing of $425 million Real Estate Portfolio Sale

NEW YORK–(BUSINESS WIRE)–Tiptree Inc. (NASDAQ:TIPT) (“Tiptree”), announced today that it has completed the previously announced sale of its subsidiary Care Investment Trust, LLC to Invesque Inc. (TSX: HLP.U). Tiptree and its subsidiaries received 16.65 million shares as consideration.
See Original Article

Coastal Banking Company Inc. Named to 2018 OTCQX Best 50; Achieves the Coveted Distinction …

BEAUFORT, S.C., Feb. 1, 2018 /PRNewswire/ — Coastal Banking Company Inc. (OTCQX: CBCO) is pleased to announce it has been named to the 2018 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. This marks the third time in the past four years
See Original Article

Miami broker George C. Jalil named 2018 board chairman for Miami Association of Realtors

Jalil will lead the Miami corporate board, which includes over 46,000 residential, commercial and international real estate professionals as members. The board analyzes trends and makes significant policy decisions affecting the real estate industry in Miami-Dade, Broward, Palm Beach and Martin
See Original Article

Westpac CEO Brian Hartzer: Davos elite confused by banking royal commission

Westpac CEO Brian Hartzer has fielded questions from the world's business and economic elite about the need for a royal commission into banks for misconduct following Australia's unprecedented 26 years of consecutive growth. Mr Hartzer relayed the queries in a short video published on Westpac's
See Original Article

Top commercial real estate transactions for the week

Top commercial real estate transactions for the week

CIG Legacy LLC. and Symphony Northpointe LLC purchased the 8-story Northpointe Centre office building at 12005 Ford Road in Dallas. John Bowles, Bruce Butler and Susan Gwin Burks of Colliers International brokered the sale. The Terrawood apartments in Grapevine have been purchased by
See Original Article

Octane Capital moves into mainstream lending

Bridging lender Octane Capital has passed its first £100m of completions, after launching last year. The specialist lender says its plans to take its “product-less” model mainstream, by offering finance on more vanilla deals. Octane has expanded rapidly since launching in May 2017. From a team of three
See Original Article

Lending exec joins Lima One Capital as CEO

“I have decided to focus on more strategic growth opportunities for our company and have brought on an experienced lending executive to take Lima One to new levels of growth and success,” Warren said. “Jeff's experience and leadership in mortgage lending and his success in growing financial
See Original Article

$200 per square foot: Downtown Dayton housing prices climb

But downtown's housing market is now scorching, and Simms' new townhouses, City View, are selling for nearly $200 per square foot. Also, City View units have been on the market for only about seven months and yet 13 of the 14 homes under construction have been purchased. The last one could sell
See Original Article

Is Buying Crown Castle International Corp. (CCI) Here a Winning Strategy? The Stock Formed …

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.27, from 1.31 in 2017Q2. It is positive, as 46 investors sold Crown Castle International Corp. shares while 172 reduced holdings. 72 funds opened positions while 272 raised stakes. 377.71 million shares or 14.61% more from 329.57 million
See Original Article

American International Group Inc (AIG) Position Increased by Patriot Wealth Management Inc.

Patriot Wealth Management Inc. lifted its holdings in American International Group Inc (NYSE:AIG) by 1.4% in the 4th quarter, according to the company in its most recent disclosure … Wells Fargo & Co restated a “buy” rating on shares of American International Group in a report on Tuesday, January 2nd.
See Original Article

Lot Lines: Home affordability index

We have found that comparing housing prices to population changes, local wages, mortgage interest rates, rental rates, and building material prices gives us the best indication of the health of the housing market. When housing prices escalate without significant pressures from these key indicators, we
See Original Article

Hovnanian Enterprises, Inc. Announces Closing of Financing Transactions

As part of such financing transactions, the Company's wholly-owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), accepted all of the …. (10) fluctuations in interest rates and the availability of mortgage financing; (11) changes in tax laws affecting the after-tax costs of owning a home; (12)
See Original Article

3 Pros, 3 Cons on Buying MGM Resorts International Stock Today

MGM Resorts International (NYSE:MGM) had a solid 2017. MGM stock has rallied 27% over the past 12 months, and that is despite the tragic shooting in Las Vegas last fall. And now MGM has another opportunity. Key rival Wynn Resorts, Limited (NASDAQ:WYNN) finds itself in danger of a losing streak
See Original Article

ValuEngine Upgrades International Paper (IP) to “Buy”

BMO Capital Markets reissued a “buy” rating and set a $70.00 price objective on shares of International Paper in a research note on Thursday, January 25th. Wells Fargo & Co reissued an “outperform” rating and set a $70.00 price objective (up previously from $65.00) on shares of International Paper in
See Original Article

Manitowoc real estate transfers and homes sold: Feb. 4, 2018

To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS:Younkers to close its Manitowoc store. OTHER
See Original Article

Real estate startup Knock targets Charlotte, Raleigh for disruption with 'trade-in,' sale guarantee

These two real estate markets are really attractive to the startup, which seeks to disrupt the entire real estate industry. “The homes look like the rest of America,” Black told WRAL TechWire about these markets. “Places like Charlotte have newer housing stock, there is more market data, and it's easier to
See Original Article

What are the dynamics of the UK housing market slow down?

With the lack of affordable housing, plus rising inflation without rising wages (which stretches budgets to the limit), potential first-time buyers may be becoming more cautious about the housing market. And with caution, comes reluctance to make an offer, until the future direction of the market becomes
See Original Article

UK Can't Be in Europe Customs Union After Brexit, Fox Says

Fox, a long-standing euroskeptic, told Bloomberg that the U.K. must not sign up to the EU's common external tariff, which binds all EU member countries to the same rates. His comments follow a report in the Financial Times that said May's officials are considering keeping Britain in a new customs union,
See Original Article

Melania Trump, Nikki Haley, Kate Upton: Broadsheet for Feb. 2

Good morning, Broadsheet readers and happy Groundhog Day! Mika Brzezinski takes Michael Wolff to school, Donald Trump unwittingly unearths an Aflac ad starring his wife, and Canada shows even greater commitment to gender parity. Punxsutawney Phil saw his shadow this morning and predicts
See Original Article

Dankse Bank pre-tax profits soar to £147.5m with surge in mortgage lending

“2017 was another strong year for our mortgage business. There was a 28% increase in new mortgage lending year-on-year, with our market activity share now having more than doubled since 2015. We have assisted the mortgage business through the introduction of a digital system for the third broker
See Original Article

Cryptocurrency Traders Lose $100 Billion in 24 Hours as Bitcoin Bloodbath Continues

The charts for cryptocurrency market capitalizations are a sea of red right now. In the 24 hours ending at 6:45 a.m. ET Friday, Bitcoin fell over 17%, Ethereum fell more than 32%, Ripple was down 38%, and Bitcoin Cash was down over 27%. All in all, that's $115 billion off cryptocurrency market caps in
See Original Article

Sr Manager, Business Development Banker (Business Banking-DFW)

Sr Manager, Business Development Banker (Business Banking-DFW). Apply now. Save Job ID R41540 Updated date 02/02/2018 Location Plano, Texas. Plano 2 (31062), United States of America, Plano, Texas. At Capital One, we're building a leading information-based technology company.
See Original Article

Honeywell International Inc. (HON) Position Boosted by Baltimore Capital Management Inc.

Honeywell International logo Baltimore Capital Management Inc. increased its position in Honeywell International Inc. (NYSE:HON) by 7.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 6,248 shares of the conglomerate's stock after purchasing an additional
See Original Article

Trump vs. the FBI

Introducing Bloomberg #Hyperdrive, the inside story on the AI, flying cars and space rockets transforming the future of transport https://t.co/58YfmWsx2T pic.twitter.com/XIrv5PLoKa. — John Fraher (@johnfraher) February 1, 2018. Before it's here, it's on the Bloomberg Terminal. LEARN MORE.
See Original Article

Mortgage rates move up for Friday

Mortgage rates move up for Friday

Monthly payments on a 15-year fixed mortgage at that rate will cost around $718 per $100,000 borrowed. That may put more pressure on your monthly budget than a 30-year mortgage would, but it comes with some big advantages: You'll save thousands of dollars over the life of the loan in total interest
See Original Article

Lionstone Investments Snaps Up Austin Office Campus

… with a roster that includes EZ Corp Inc., Kinnser Software Inc., Marsh & McLennan Agency LLC, Heritage Title Co. of Austin Inc., Independence Title and Barnes Lipscomb Stewart & Ott. Originally built in 2015, Rollingwood Center boasts floor-to-ceiling windows, column-free floorplates, protected views
See Original Article

What happened to true customer service?

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. I have lot of experience being a dissatisfied customer. Most recently, the bank made a mistake, and an extra $9,700 was removed from my account late one Friday night. The bank
See Original Article

Lenders: when weighing speed vs. price, don't overlook service

There's an unfortunate reality that mortgage brokers live by in the lending business: every day, they have to make a choice between closing as fast as possible and getting the lowest rate possible. There is no such thing as having the best of both worlds. Or is there? It's only natural that in such a
See Original Article

OCC securities lending activity sees significant increase

OCC's securities lending CCP activity through its central counterparty (CCP) was up 29 percent in new loans in January, compared to the same period last year. The equity derivative clearinghouse oversaw 233,482 securities lending transactions last month. Year-to-date, securities lending activity was
See Original Article

Here are real estate's tech disruptors

From the February issue: Just 20 years ago, fax machines were in wide use and most people didn't have cell phones. Fast forward to today, and smartphones are inescapable and personal hotspots are tucked into everyone's pockets. The real estate industry has seen its own advances during that time,
See Original Article

Mortgage Bank seeks Receptionist

Powerhouse Solutions is seeking a very Smart, Reliable and hard working Admin Asst/ Receptionist. We are a licensed NYS mortgage lender.
See Original Article

Benefits of paying off your mortgage before retirement

Another benefit of paying off your mortgage in time for retirement is that you'll save money on interest if meeting that goal means speeding up your repayment plan. As is the case with any sort of money you borrow, the less time it takes you to repay your loan, the less you lose to interest charges.
See Original Article

Crypto Bros Are Actually a Brotherhood

Participants gather at a beach bar during a Coinsbank Blockchain Cruise Asia conference event at Paradise Beach in Phuket, Thailand, on Jan. 17, 2018. When 600 cryptocurrency enthusiasts set sail from Singapore for their second-annual Blockchain Cruise, the price of Bitcoin was hovering above
See Original Article

Baxter International Inc (NYSE:BAX) Holdings Reduced by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. trimmed its stake in shares of Baxter International Inc (NYSE:BAX) by 22.9% during the fourth quarter, according to the … Parametric Portfolio Associates LLC now owns 1,632,846 shares of the medical instruments supplier's stock worth $98,852,000 after buying an
See Original Article

Evelyn M. Nagel is recognized by Continental Who's Who

Devoted to growth and building a stronger communication base with their clients, Douglas Elliman formulated AskElliman.com, a web feature that “facilitates open communication with consumers, allowing them to tap into the wealth of knowledge from real estate to mortgage financing, to specific
See Original Article

7 things you need to know before creating live video

In this video, successful real estate social marketers Rick Guerrero and April Toro discuss the seven things you should know before going live and strategies for creating live video. April Toro is an … Rick Guerrero is the Director of Branch Sales and Strategic Partnerships at US Mortgage Corp. You can
See Original Article

Ruoff Home Mortgage holds ribbon cutting

Westerfeld also said that Ruoff Home Mortgage is the No. 1 mortgage lender in the State of Indiana. But Westerfeld specifically spoke about Greensburg and Decatur County and what they hope to bring to this community. “What we plan on bringing to the community is a service they're not used to when it
See Original Article

Singapore makes largest investments in real estate sector

Singapore made an investment of US$1.72 billion in 31 projects, as of the end of December, in the current fiscal year (FY), followed by China, with estimated investments worth more than $1.29 billion in 50 enterprises State media reported. Singapore made the largest investments in the real estate
See Original Article

Drought Dulls Thirst for Some of Africa's Most Expensive Homes

Cape Town's water crisis is more than an inconvenience for home owners. It's also affecting the value of their property, which includes some of Africa's most expensive real estate, according to data from Standard Bank Group Ltd., South Africa's biggest lender by assets. House price inflation in the city,
See Original Article

Ontario real estate agents seek increased transparency in home sales

The group representing Ontario's real estate agents is considering urging the provincial government to allow a transparent bidding process for home sales as part of several proposals to improve the industry's ethics and reputation. The Ontario Real Estate Association (OREA), which issued a discussion
See Original Article

Free Kasasa Cash Checking

You read that right. Free Kasasa Cash checking pays you monthly cash rewards just for doing easy, everyday banking activities. Earn 2.00% APY* on balances up to $15,000. And you can get refunds on ATM withdrawal fees – not just here in Virginia, but all across the country!* Best of all, you'll never
See Original Article

WWE News: Original plans for WrestleMania 33 Main Event

Jericho went on to have that match at 'Mania for the US Title that Jericho had won off of Roman Reigns and ultimately ended up losing to Owens on the night. He would have a rematch at Payback for the title and then leave the company to concentrate on his band Fozzy. Aside from a few one-off
See Original Article

Feds May Remove Marijuana Banking Protections, Treasury Department Says

The Trump administration is currently considering removing Obama-era guidance that has allowed banks to open accounts for marijuana … “We are reviewing the [banking] guidance in light of the Attorney General's announcement and are consulting with law enforcement,” Drew Maloney, the U.S.
See Original Article

Japan Authorities Raid Coincheck After $500 Million Heist

Bloomberg's Rob Urban discusses the hack of the digital wallet of Japanese cryptocurrency exchange Coincheck. Japan's Financial Services Agency raided Coincheck Inc.'s offices a week after the cryptocurrency exchange lost about $500 million to hackers, hauling out documents and computers as
See Original Article

International P2P Lending Volumes January 2018

International P2P Lending Volumes January 2018

The table lists the loan originations of p2p lending marketplaces for last month. Funding Circle leads ahead of Zopa and Ratesetter. The total volume for the reported marketplaces adds up to 529 million Euro. I track the development of p2p lending volumes for many markets. Since I already have most of
See Original Article

Institutional Investors Are Buying Medizone International Inc (MZEI)

Medizone International Inc (MZEI) institutional sentiment NaN in 2017 Q3. Its in 2017Q2. The ratio [12345], as 1 investment professionals started new or increased stock positions, while 0 cut down and sold their stock positions in Medizone International Inc. The investment professionals in our partner's
See Original Article

Bank Rate rises: your mortgage could cost an extra £500 a year

The Bank of England has signalled that the ultra-low mortgage rates we have grown accustomed to are a key cause of soaring house prices – something it views as a risk to the economy. Increasing interest rates would be a way to combat this risk, as it would be almost guaranteed to result in lenders
See Original Article

Big fight pits Legislature vs. universities over real estate deals, tax breaks

Tim Lawless, president of Commercial Real-estate Executives for Economic Development (CREED), backs the bill saying the university real estate deals have an unfair competitive advantage over those struck on private land. “We support HB 2280 on the policy grounds that it is patently unfair for one
See Original Article

3 ways to manage challenging homebuyers

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Dealing with difficult buyers doesn't mean you will not have an enjoyable transaction process. It means you will spend more time educating and holding your clients' hand, and
See Original Article

Douglas Todd: UBCM starts targeting speculators to cool real estate market

“B.C.'s housing policies are no longer working,” said Port Coquitlam Mayor Greg Moore, chair of the Metro Vancouver regional district. He emphasized how the development industry's push to solve housing unaffordability by building more units has failed to curb out-of-control house prices and rental
See Original Article

The Many Faces of Five Star Are Winning Votes All Over Italy

In Daniele Abate's Sicilian home town, many people don't even have running water, and he blames the politicians. So the former cook will be voting for Five Star on March 4. At the other end of the country, across the economic divide that runs through Italy, a third of small company owners in Vicenza
See Original Article

What It's Like to Be the Uber of the Middle East

Careem, the region's ride-hailing leader, is counting on loosened laws to raise its appeal. By. Adam Popescu. More stories by Adam Popescu. February 1, 2018, 9:01 PM PST. From. Illustration: Inkee Wang for Bloomberg Businessweek. Careem Networks FZ LLC, a five-year-old ride-hailing company
See Original Article

Regional Banking Director 3

Learn more about applying for Regional Banking Director 3 at Wells Fargo.
See Original Article

Incense Sticks Come Back to Burn Japan's Economy Minister

Prime Minister Shinzo Abe's point man for a massive Pacific trade pact is defending his job after giving incense sticks to voters, the latest example of how even the whiff of scandal can threaten policy-making in Japan. Toshimitsu Motegi, the economy minister who last month shepherded the revised
See Original Article

'Fight Now, Talk Later': Afghan Peace Plan Faces Uphill Battle

A Pakistan delegation is due to arrive in Afghanistan on Saturday to restart talks aimed at improving tense relations between the neighboring countries that have worsened amid a surge in deadly Taliban attacks. The significant militant escalation — pushing back against a renewed and aggressive U.S.
See Original Article

Free Twinkies for a Year? Hostess Sweetens Workers' Tax Reform Bonus

Companies left and right are offering cash bonuses for their employees following the passage of the GOP tax bill in December. Now Twinkie-maker Hostess (twnk, -1.09%) is joining their ranks—but they've sweetened the deal. Hostess employees will not only receive a $1,250 bonus, but also a year's
See Original Article

Here's what prospective homebuyers are looking for in the Toronto region new home market

Although December is typically seen as a slow month for home buying, house hunters continued to spend significant amounts of time researching new homes in Ontario's Greater Golden Horseshoe, particularly in Toronto. At the end of 2017, Toronto was the top destination for new home online searches
See Original Article

SA housing market being driven by women more likely to buy or sell property than men

The annual Westpac Home Ownership Report, released today, surveyed more than 1000 Australians. It shows women were more likely than men to buy a home (28 per cent of women versus 20 per cent of men) over the next five years. Females were also more likely to buy an investment (16 per cent
See Original Article

AGNC Investment (NASDAQ:AGNC) Rating Lowered to Sell at BidaskClub

AGNC Investment Corp. logo BidaskClub cut shares of AGNC Investment (NASDAQ:AGNC) from a hold rating to a sell rating in a research report sent to investors on Saturday, January 6th. Other research analysts have also recently issued research reports about the stock. Zacks Investment Research
See Original Article

AGNC Investment (AGNC) Rating Reiterated by Keefe, Bruyette & Woods

AGNC Investment logo AGNC Investment (NASDAQ:AGNC)'s stock had its “hold” rating reissued by equities researchers at Keefe, Bruyette & Woods in a report issued on Thursday. They currently have a $19.50 price target on the real estate investment trust's stock. Keefe, Bruyette & Woods' target price
See Original Article

Japan Regulators Face Scrutiny After Second Major Crypto Heist

The second major theft of virtual currency in Japan is spurring lawmakers and the industry to question the ability of the country's regulators to oversee the fast-and-loose tendencies of the crypto-trading world. As the heist of almost $500 million in digital tokens from Tokyo-based exchange Coincheck
See Original Article

UBCM seeks measures to cool real estate speculation in BC

The UBCM report committee, which included leading municipal politicians and veteran real-estate industry insider Richard Wozny, stressed the dire need to close a range of tax-avoidance schemes that have long been exploited in B.C.'s property development sector, especially by people who don't
See Original Article

One LSU Tiger Will Join Elite Company on 'Super Sunday'

One LSU Tiger Will Join Elite Company on 'Super Sunday' … BATON ROUGE — – Thirteen former LSU football players have won both a national title and Super Bowl. That number is guaranteed to grow by one on Sunday when either Ricky Jean Francois or Donnie Jones win the Super Bowl and join this
See Original Article

Fortune Magazine reports women received just 2.2% of venture capital in 2017

Female founders received 2.2% of venture capital funds in 2017 according to research published by Fortune Magazine, and that actually represents a bump on previous years. Data collected by PitchBook shows that all-women teams received just $1.9 billion of the $85 billion total invested by venture
See Original Article

Foreign investors pull out of Australia's property market

Foreign investors pull out of Australia's property market

“I think it's good in the sense that you don't want foreign investors driving markets to silly levels, we think in the apartment markets there's already an oversupply – particularly in CBDs of Sydney, Melbourne and Brisbane,” Mr Oster said. First-home buyer owner-occupiers though are back in the market,
See Original Article

Bitcoin's “Kimchi Premium” Has Vanished

Bitcoin's “kimchi premium” has finally been gobbled up. Prices for the cryptocurrency in South Korea dropped back in line with those on international exchanges for the first time in seven weeks on Friday, erasing a gap that had swelled to 51 percent in January. The premium had been so persistent — and
See Original Article

Deutsche Bank Ends Another Year in the Red

Exactly a year ago, the chief executive officer of Deutsche Bank AG reported his second consecutive annual loss, the worst revenue in years and signs of improvement. Germany's largest lender just closed out another year in the red, with revenue that declined to the lowest in seven years in the fourth
See Original Article

Russia c.bank: banking sector's structural liquidity surplus to last

MOSCOW, Feb 2 (Reuters) – Russia's Central Bank Governor Elvira Nabiullina said on Friday that the country's banking sector will live with a structural liquidity surplus for long time. The central bank will gradually reduce the number of bonds it has on its lombard list, or the bonds that banks can use as a
See Original Article

China's Crypto Crackdown Sends Miners Scurrying to Chilly Canada

The country's largest hydroelectricity generator, which earlier lured Amazon.com Inc. and Microsoft Corp. data centers to the province, was in talks with about 30 crypto miners in early January, according to Hydro-Quebec spokesman Marc-Antoine Pouliot. Less than three weeks later, that number had
See Original Article

Meet Sony's New CEO Kenichiro Yoshida, the Enforcer of its Turnaround

Sony Corp.'s promotion of Kenichiro Yoshida to chief executive officer elevates a veteran executive who was instrumental to the electronics icon's turnaround by pushing through painful changes. After leading Sony through a recovery since 2012, Kazuo Hirai will step down to become chairman of the
See Original Article

TSB announces record mortgage lending in 2017

The lender extended £7 billion in new mortgage loans – up from the £6.6 billion total achieved in 2016. … “Last year, we saw around 1,000 customers a day bring their banking to TSB, and we were able to help nearly 1,000 customers a week to buy their own home or get a better mortgage deal. “I'd like
See Original Article

Buying German Real Estate Is This Company's Winning Strategy

“They look for ugly ducklings in real estate and find assets others might have missed because there may be something slightly complicated about them,” said AllianceBernstein fund manager Tawhid Ali, who bought Aroundtown shares in the second half of 2017. “When we look forward to the return
See Original Article

GOP Lawmakers' Train-Crash Site Had Malfunctioning Safety Signal

U.S. investigators examining the fatal collision in Virginia between a truck and an Amtrak train carrying Republican lawmakers are looking at possible problems with the equipment that warns motorists not to cross when a train is coming. National Transportation Safety Board officials in a briefing on
See Original Article

China puzzle unravelling for iFAST

“The way we view banks in China is that the main headquarter branch is likely to be in Shanghai or Beijing, but they have hundreds of branches elsewhere. So, the decision on products is decided at the HQ level, and the way the sales people sell is through scripted marketing materials, product materials
See Original Article

Pilatus Bank supervision comes under scrutiny of EU banking watchdog

The European Union's banking watchdog has opened a “preliminary inquiry” into the supervision of Pilatus Bank, the Times of Malta has learnt. Ta' Xbiex-based bank has been at the centre of controversy ever since slain journalist Daphne Caruana Galizia reported claims by a Russian whistleblower,
See Original Article

International Paper Co (IP) Shares Bought by Waverton Investment Management Ltd

Waverton Investment Management Ltd grew its stake in shares of International Paper Co (NYSE:IP) by 18.4% in the 4th quarter, according to its most recent Form 13F … Bank of America reissued a “buy” rating and issued a $66.00 price objective on shares of International Paper in a report on Thursday.
See Original Article

Halal mortgage fatwa

Halal mortgage fatwa.
See Original Article

A Warning Knell from the Housing Market: Inciting a Riot?

Whilst it usually follows the performance of the stock market, this time it may be a harbinger of austerity to come. The most expensive real estate is to be found in areas of limited supply; as Mark Twain once quipped, when asked what asset one should invest in, he replied, 'Buy land, they're not making it
See Original Article

Deutsche Bank posts hefty loss; shares slide

FRANKFURT– Deutsche Bank AG on Friday reported a EUR2.2 billion ($2.7 billion) net loss for the fourth quarter and its third consecutive full-year loss, sending its shares sharply lower. The bank's full-year 2017 net loss was around EUR500 million. Without a EUR1.4 billion charge tied to the value of
See Original Article

Zacks: Analysts Expect CAI International Inc (CAI) to Post $0.86 EPS

Equities research analysts expect CAI International Inc (NYSE:CAI) to report earnings of $0.86 per share for the current quarter, Zacks reports. … Zacks Investment Research raised CAI International from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research report on
See Original Article

Why UPS Is Buying 14 More 747s

The rise of express deliveries and the recent U.S. tax reform have led UPS to order another 14 Boeing 747-8 cargo jets, the logistics firm has announced. 747s may be out of favor with passenger carriers these days, supplanted by newer, more efficient planes, but UPS is still a fan of the freighter model.
See Original Article

More to Come From Banking Stocks

Investors have shunned banking stocks since the financial crisis broke out ten years ago. Signs are mounting that the sector is due for a recovery in markets across the globe. The development of the U.S. stock market is a bellwether of where stock markets are likely to head. If prices are up in the U.S.,
See Original Article

Housing shortage: New report shows how California cities and counties stack up

The state's housing department released lists showing that more than 500 cities and counties are not on track to meet guidelines for the development of market-rate housing, affordable housing or both. Those jurisdictions will now lose the ability to reject certain types of development projects under
See Original Article

MUFG Q3 profit down 20% on weak domestic lending, overseas growth costs

[TOKYO] Japan's largest lender Mitsubishi UFJ Financial Group (MUFG) posted a 20 per cent decline in net profit for the third quarter, hurt by a weak domestic lending business amid persistently low interest rates. The bank said its profits were also hurt by an increase in operating costs as it aggressively
See Original Article

The Humane Society Will Keep CEO Accused of Sexual Harassment, but It's Losing Seven Board …

The Humane Society Will Keep CEO Accused of Sexual Harassment, but It's Losing Seven Board …

Wayne Pacelle, president and chief executive officer of the Humane Society of the U.S., speaks during a meeting in New York on April 10, 2013. Philip Lewis—Bloomberg/Getty Images. By Laignee Barron. 2:44 AM EST. Despite three sexual harassment allegations against him, the chief executive of the
See Original Article

Philip Morris International Inc. (NYSE:PM) – Do Analysts Think You Should Buy

Shares of Philip Morris International Inc. (NYSE:PM) are currently trading at $105.84, experiencing a change of -1.30% with 3,157,396 shares trading hands. The stock holds an average trading capacity of 4.58M shares for the past three months. When we compare its current volume with average for the
See Original Article

Azer Turk Bank makes 7% mortgage loan rate accessible to everyone

In this frame, Azer Turk Bank downgraded interest rates up to 7% for loans from the Azerbaijan Mortgage and Credit Guarantee Fund and made … So, everyone who wants to benefit from the mortgage credit must register at www.e-ipoteka.az website, approve the application and approach Azer Turk
See Original Article

Real Estate Management Services

Real Estate Management Services. Accounting and. Financial Reporting; Capital Projects and. Value Enhancement; Engineering Services; Property Operations. Efficiently managing your property's finances can be a full-time endeavor, requiring expert understanding of accounting best practices to
See Original Article

Scrutiny for Online Lending in New York

The New York Department of Financial Services (DFS) may be taking a closer look at online lending, thanks to bills pending in the state legislature. What happened. In December 2017, New York Governor Andrew Cuomo signed legislation that created a seven-person task force responsible for
See Original Article

Banks would pass into foreign hands if policy not changed: Former RBI Governor

Former Reserve Bank Governor Y.V. Reddy on Friday said that there was no “crisis” in the Indian banking system, but cautioned that Indian banks would eventually pass into foreign hands if there is no review of current policies. The shareholding of foreign entities in the large private banks in India is over
See Original Article

Deutsche Bank posts $2.75 billion Q4 earnings loss, blames US tax reform

German lender Deutsche Bank posted a net loss of 2.2 billion euros ($2.75 billion) in the fourth quarter of 2017 — worse than the net loss of 1.25 billion euros that Reuters analysts had forecast. For the year, the German bank posted a 497 million euro loss ($621 million) compared to a 290 million euro
See Original Article

Kate Upton's Sexual Harassment Claims Send Guess Shares Plummeting

Kate Upton has accused Guess co-founder Paul Marciano of sexual harassment, a move that sent Guess Inc shares plummeting. On Wednesday, Upton posted an image on Instagram saying, “It's disappointing that such an iconic women's brand @GUESS is still empowering Paul Marciano as its
See Original Article

Inside the Shakeup at Airbnb: The Startup Loses a CFO, Gains a COO

Chesky has always insisted that the company would go public on its own timetable and not for a while; in early 2017, he told Fortune he saw the process of getting ready for an IPO to be a two-year project and that at the time they were “halfway.” But once ready, he stressed, the company would be patient
See Original Article

Beneficial State Bank Merges with Albina Community Bank

Beneficial State Bank (Beneficial State) today announced that it will soon complete its third merger in ten years, a move that further strengthens its West Coast presence a decade after opening its first branch in Oakland, Calif. and affirms the vitality of triple-bottom-line banking committed to meaningful
See Original Article

Bitcoin Drops Below $8500 as Cryptocurrency Misery Continues

Bitcoin tumbled below $8,500 as a miserable 2018 continued for cryptocurrencies, with investors confronting a mounting list of concerns about the future of the industry. Bitcoin dropped 8 percent to $8,378 at 8:05 a.m. in London, the lowest since Nov. 24 according to consolidated Bloomberg pricing.
See Original Article

Microfinance lenders urge improvements in governance for lending

“IFC (International Finance Corporation) believes supporting Vietnamese microfinance institutions in strengthening their corporate governance practices will boost their capacity to provide better financial services and expand lending,” said Kyle Kelhofer, IFC Country Manager for Việt Nam, Cambodia
See Original Article

Some of Africa's Most Expensive Real Estate Has a Water Problem

It's also affecting the value of their property, which includes some of Africa's most expensive real estate, according to data from Standard Bank Group Ltd., … “The drought, and government's slow response, will affect consumer sentiment negatively; demand for property is therefore expected to suffer and,
See Original Article

Fortune Brands Reports Sales and EPS for Q4 and Full Year; Provides 2018 Annual Outlook for …

DEERFIELD, Ill.–(BUSINESS WIRE)–Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced fourth quarter 2017 results from continuing operations and provided its 2018 annual outlook for sales and earnings per share.
See Original Article

CFPB Change Triggers Concerns About Enforcement of Fair-Lending Practices

The acting head of the Consumer Financial Protection Bureau announced an organizational change this week that was welcomed by lenders but caused consumer advocates to worry about the agency's commitment to go after predatory-lending practices. The actual impact on consumers is far from
See Original Article

Houston builders to add 28000 homes this year

The average 30-year fixed-rate mortgage is 4.22 percent, according to Freddie Mac's latest weekly survey, slightly above where it was last year at this time. “I'm happy to hear there is enthusiasm for 2018,” said Alex Kamkar, senior land acquisition analyst for Toll Brothers. “That being said, I would be
See Original Article

Gulf finance institutions' interest in Turkish banking sector continues

Gulf investors' interest in Turkish banks has come to the fore once again following an announcement on Tuesday by Sberbank, Russia's largest bank and the owner of Turkish DenizBank. Sberbank announced the initiation of strategic negotiations to include the option of the purchase of shares in
See Original Article

2018 Real Estate Market Update

2018 Real Estate Market Update. It's a new year, we've got tax reform, we've had devastating fires and the economy is actually pretty great right now. So what does that me for you if you're thinking of buying or selling a home? First of all, it means it's time for the 2018 Real Estate Market Update!
See Original Article

Jeff Bezos' fortune tops $120 billion as Amazon shares surge after hours

Jeff Bezos got a little bit richer Thursday after Amazon.com Inc. shares soared in after-hours trading, sending his personal fortune above $120 billion. After tumbling during the regular session (and losing Bezos almost $5 billion), Amazon shares AMZN, -4.20% jumped 6.2% in late trading after reporting
See Original Article

Escape Seattle's hot market with $370K beachfront house

These days, it's looking better and better to get out of Seattle if you want to buy real estate. For starters, it's sort of becoming the only affordable price point: Though part of King County, the difference between Seattle's median sales price for 2017 ($721,000) outranked that of King County ($562,000) by
See Original Article