Weinstein, Wynn Fallout May Not Fade Fast Thanks to NY Probes

Weinstein, Wynn Fallout May Not Fade Fast Thanks to NY Probes

The departures of Harvey Weinstein and Steve Wynn under a cloud of sexual misconduct allegations is doing little to shield their namesake companies from the ire of New York officials. Eric Schneiderman, the state attorney general, said Monday he's continuing his investigation into the “egregious
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Matic Challenges US Mortgage Lenders, Insurers to Help Families Achieve Affordable Housing

SHERMAN OAKS, Calif., Feb. 26, 2018 (SEND2PRESS NEWSWIRE) — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support
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How Could Mortgage Rate Upswings Impact Housing?

interest rates Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.” For this latest Insight report, Freddie Mac economists have looked at
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Labor Talks Heat Up for Disney Park Workers on Both Coasts

Walt Disney Co. is finding itself in heated talks with union workers over pay and other issues as profits at the company's theme-park division soar. Employees have picketed outside Walt Disney World and complained in writing about being shut out of Disneyland for the annual holiday party. Last week
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China's Flagship Port in Pakistan Shackled by Heavy Security

For the thousands of attendees it was meant to be a conference to showcase China's flagship Belt and Road project in Pakistan — the port in southwestern Gwadar that gives Beijing access to the Arabian sea. In the evenings the almost 8,000 delegates were wowed with cultural shows and a firework
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Lending schemes

February 26th, 2018 The Housing Finance Corporation (HFC) said on Monday it was poised to lower lending rates while also announcing the imminent roll-out of three new financing schemes. The HFC's director-general Andreas Georgiou told lawmakers the organisation planned to reduce its lending
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50 Cent backtracks, swears he's not a bitcoin millionaire and that he never owned bitcoin

Jackson explains in the filing that he didn't feel the need to immediately clarify the initial reports on his estimated fortune because his comments were, at least partly, true. “When I first became aware of the press reports on this matter, I made social media posts stating that 'I forgot I did that' because I had
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LenderClose launches HMDA compliance tool

HMDA reporting has been a major issue for the housing industry, especially since most of the 2015 updates to HMDA took effect in January. In fact, one of our feature stories for the December issue of HousingWire Magazine, written by our Managing Editor Sarah Wheeler, details the new risks HMDA
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US house prices to rise on strong demand and shortage of homes: poll

… mortgage rates will hold back housing market turnover this year,” wrote Scott Anderson, chief economist at Bank of the West. Treasury yields climbed to 4-year highs, pushing 30-year mortgage rates to 4.4 per cent, the highest since April 2014 last week, according to home finance agency Freddie Mac.
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50 Cent Changing His Tune About A Bitcoin Fortune

At the beginning of 2018 Bitcoin presented the world with one of the best feel good stories of the cryptocurrency boom. Rapper 50 Cent was one of the many riding high on the coin cloud of ecstacy, but now after a month the money mogul has been a little quiet. Reportedly “Fiddy” had earned about $7.8
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Camp Fortune, Mont Ste. Marie to extend ski seasons with $1.75M in snowmaking equipment

After fighting an uphill battle with the weather for most of the season, a pair of Outaouais ski resorts got a ray of financial sunshine late last week. The Quebec government announced it was committing more than $1.5 million in funding for equipment and facility upgrades at Camp Fortune and Mont Ste.
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FedEx Will Keep NRA Discounts Despite Calls for Boycott

FedEx Corp. is maintaining discounts for members of the National Rifle Association, even as calls for a boycott mount on social media after a deadly school shooting in Florida. The courier said it “has never set or changed rates for any of our millions of customers around the world in response to their
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Library lending app

Today I have done a design flow of library lending, whereas user can view the list of books in the library and he can select the book he needs and the librarian will deliver the book which he adds in the cart. The main useful point is to do with the hands-on mobile experience without going to the library.
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Peeps Is Releasing 8 New Flavors—But Only a Few Retailers Will Sell Them

Walmart, Target, and Kroger are already prepping for Easter, which is still more than a month away. And that means rows of Peeps, the marshmallow confection, are already showing up on retailers' shelves. Gone are the days of the single yellow Peeps. Just Born Quality Confections, the company that
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Delta's Split From NRA After Florida Shooting Puts Tax Break On the Line

Georgia's lieutenant governor threatened to block any tax legislation that would benefit Delta if the airline failed to reverse its decision to end a partnership with the National Rifle Association. Delta, which is based in Atlanta, announced Saturday morning on Twitter that it was withdrawing from an
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What to do when online banking doesn't recognize your device

What to do when online banking doesn't recognize your device. Advantis is dedicated to the security of your account. That's why our Online Banking system displays security questions for you to answer when it doesn't recognize the computer or mobile device you're using to log in. If those questions
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Developer finds solid growth in Brazoria County years after housing crisis

Land Tejas entered the Brazoria County real estate market about 10 years ago. After stumbling during the 2008 financial crisis, housing demand in the area has been growing at a solid pace. “We'll probably be there for at least another 10 years,” said Jennifer Keller, president and chief operating officer
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City to strategize on how to stop Toronto from becoming 'playground for the rich'

The study looked at the low-end of the rental housing market. It found that if low-income residents spend 30 per cent of their $30,000 annual income on housing, and receive a $250 monthly housing subsidy through the city, they still can only cover 60 per cent of their rent based on average market prices,
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This Subprime Auto Lender Repos 35 Percent Of The Cars It Finances

Subprime auto lending has faced intense regulatory scrutiny over the past year, and one name that's consistently part of that focus is Credit Acceptance, a Michigan-based lender that's known as the pioneer of financing vehicles for people with shaky credit. Here's a fact I learned about Credit Acceptance
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Millennials' Spending Weighed Down by Student Debt, Expert Warns

Millennials' spending habits have been driving business leaders crazy — but not because the youngest generation in the workforce is irresponsible with their cash. On the contrary, millennials are turning out to be the most frugal demographic since the so-called Greatest Generation that came of age
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US Energy Chief Plans Nuclear Deal Talks With Saudis, Source Says

US Energy Chief Plans Nuclear Deal Talks With Saudis, Source Says

Energy Secretary Rick Perry will travel to London to discuss nuclear energy with officials from Saudi Arabia on Friday as the Trump administration pursues a deal to build reactors in the kingdom, according to two people familiar with the plans. Perry scrapped a trip to New Delhi to accommodate meetings
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Sales of new homes fall to lowest level since August

The average rate on a 30-year mortgage has jumped this month to the highest level since 2014. Nonetheless … They're considered a timelier barometer than purchases of previously owned homes, which are calculated when contracts close and are reported by the National Association of Realtors.
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Warren Buffett on HomeServices of America's explosive growth

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Warren Buffett's annual letter to investors, akin to a parent's Christmas card detailing what all the kids have been up to, sheds light on the multinational holding company and the
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NHFP: CBN pegs maximum mortgage loan at N50m for self-employed

According to Head, National Housing Finance Programme, CBN, Mr. Adedeji Adesemoye, while speaking on the Mortgage Underwriting Standards for the informal sector, the initiative would give those without structured income access to mortgage loans for property acquisition. He urged banks to enlist
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Anthony Noto's Mission as SoFi CEO: Get the Startup Ready to Go Public

“Despite strong loan volume and demand, our fourth quarter financials did not meet our expectations,” Tom Hutton, SoFi's executive chairman, wrote in the letter obtained by Bloomberg. The causes were largely tied to costs associated with the management transition as well as marking down the value of
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'It's favorable to my image': Rapper 50 Cent admits he went along with false Bitcoin fortune claim as …

The 42-year-old rapper filed documents in his bankruptcy case explaining he did not report cryptocurrency earnings to the IRS as the 'reports suggesting he owned millions in Bitcoins were lies' according to documents obtained by the Blast. As to why he went along with the false claims, the In Da Club
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Moody's Assigns Provisional Ratings to Seven CMBS REMIC Classes of FREMF 2018-K730 and …

Moody's Investors Service has also assigned provisional ratings, consisting of Guaranteed and Underlying Ratings, to five classes of Structured Pass-Through Certificates (the “SPC Classes”), issued by Freddie Mac Structured Pass-Through Certificates (SPCs), Series K-730(the “SPC Trust”): Cl. A-1
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City Council to determine benefits, assessments for sidewalk at meeting Tuesday

In his council agenda memo, Building Director Craig Lewis said the cost of the sidewalk installation will be assessed to the adjacent property, which is owned by Federal Loan Corp. (otherwise known as Freddie Mac). He added the payments will be spread over seven years at 7 percent simple interest.
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Gun Background-Check Bill Slows Even as Trump, NRA Say Go Ahead

Senator Mike Lee, a Republican from Utah, walks through the basement of the U.S. Capitol on Nov. 28, 2017. Photographer: Andrew Harrer/Bloomberg. Senate legislation that would enhance reporting to the gun-buyers background check system hit a roadblock on Monday, as Congress and the White
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Hope Hicks to Appear Before House Intelligence Panel, Officials Say

White House communications director Hope Hicks is scheduled to be interviewed privately Tuesday by the House Intelligence Committee, which is investigating Russian interference in the 2016 election, according to two House officials familiar with the matter. Her appearance before the committee is
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Volatile Market Threatens Retirement Real Estate

With pension funds dwindling, the Public Pension Project—created by the Urban Institute's Program on Retirement Policy and State and Local Finance Initiative—is working toward reform by examining current public pension trends and activity throughout the U.S. A State of Retirement map compiles this
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50 Cent Admits He Never Made a Fortune Off Bitcoin

So it turns out 50 Cent is not the cryptocurrency mogul we all thought he was. Or, at least that's what he wants the bankruptcy court to think. As previously reported, in January, TMZ ran a story that stated Fif had made millions due to him getting on the Bitcoin craze early and offering it as a payment option
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What Diet Season? Nutrisystem, Fitbit Hit a Wall With Forecasts

Both Nutrisystem Inc. and Fitbit Inc. provided disappointing outlooks, sending shares of the companies down 28 percent and 9 percent, respectively, in post-market trading. Their skinny forecasts may portend bad news for Weight Watchers International when it reports results Tuesday, and its shares lost
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A 'Mile High' Repeat? Market in the Mountains on the Rise

Denver is one the hottest housing markets in the nation—and its come-up is happening now in Salt Lake City, realtor.com® reports. Analysts at realtor.com anticipate home prices will increase 4.5 percent, and sales 4.6 percent, in Salt Lake City—comparable to what happened in the Mile High City in its
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Credit unions want to keep GSEs, but with an explicit guarantee

Just under 60% of those surveyed by the National Association of Federally-Insured Credit Unions said they sold loans to Fannie Mae (39%), Freddie Mac (12%) or both (12%). Those credit unions on average sold 37.1% of their 2017 production to the GSEs, but 22% of the respondents said they sold
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Self-Proclaimed Inventor of Bitcoin Accused of Swindling $5 Billion in Cryptocurrency

Craig Wright, the self-proclaimed inventor of bitcoin, is accused of swindling more than $5 billion worth of the cryptocurrency and other assets from the estate of a computer-security expert. Wright, who claimed in 2016 that he created the computer-based currency under the pseudonym Satoshi
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Japan Finance Regulation Shakeup Seen as Game-Changer for Banks

Japan's financial supervisor is laying the groundwork for a regulatory overhaul that could lead to a shakeup in the nation's $10 trillion banking industry. The Financial Services Agency is examining how to change the legal framework so that all providers of financial services are subject to the same rules
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Vatican Blames Fortune Tellers for 300% Increase in Exorcism Demands in Italy

Friar Palilla blames the increase in demonic possessions on fortune tellers and Tarot card readers, saying they “open the door to the devil and to possession.” This may be more about maintaining brand awareness than anything else. After all, if you're willing to resort to supernatural answers to fix
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Rapper 50 Cent Says He Isn't Actually a Bitcoin Millionaire

Rapper 50 Cent, legally known as Curtis Jackson III, says he isn't a bitcoin millionaire after all despite his implying that he was just over a month ago. At that time, TMZ published a report stating that Jackson had accepted roughly 700 bitcoin as part of his work on the 2014 album, Animal Ambition.
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Capital Bank Intern – Commercial Lending at First Tennessee Bank

This internship will be part of Capital Bank's COMMERCIAL LENDING group. Position is located in Columbia, SC.
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JPMorgan Buys Rights for HQ From Michael Dell Partnership

JPMorgan Buys Rights for HQ From Michael Dell Partnership

JPMorgan Chase & Co. has acquired the bulk of the air rights it needs to build its new headquarters tower at 270 Park Ave. in midtown Manhattan from a partnership that controls Grand Central Terminal's unused space, a person with knowledge of the transaction said. The bank bought about 650,000
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Oil-Rich Nigeria's Fuel Scarcity Weighs on Buhari's Popularity

A giant electronic advertising screen displays headline news about President Muhammadu Buhari in Lagos. Photographer: Tom Saater/Bloomberg. Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state's failure to fix a problem that's bedeviled
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UK mortgage lending rises but banks warn on 'sluggish' economy

Lending for mortgages jumped in January by nearly a tenth, but borrowing by businesses to invest dropped back amid Brexit uncertainty, according to official figures that paint a “sluggish” picture of the UK economy. Total mortgage lending rose by 9.7% to £21.9bn in January compared with the same
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As Fortune Brands Home & Security (FBHS) Stock Value Rose, Shareholder Wellington Shields …

Wellington Shields Capital Management Llc decreased its stake in Fortune Brands Home & Security (FBHS) by 14.71% based on its latest 2017Q3 regulatory filing with the SEC. Wellington Shields Capital Management Llc sold 5,000 shares as the company's stock rose 10.95% with the market.
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Giant Oil Tankers From US Seen Cutting Time, Money and Traders

Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to sidestep traders serving the world's top crude-buying region. The new option to load oil into very large crude carriers at the U.S. Gulf Coast terminal operated by the Louisiana Offshore Oil
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Banking royal commission to start with victims of 'fraudulent' loans, brokers, car finance and credit …

Fraudulent brokers and loan applications at National Australia Bank and the Commonwealth Bank-owned Aussie Home Loans are top of the agenda for examination when the royal commission kicks off in a fortnight. Commissioner Kenneth Hayne is diving straight into the quagmire of dodgy lending
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Mortgage lending increases in January: UK Finance

Gross mortgage lending totalled £13.8bn in January, 7.7% more than a year earlier and slightly above the monthly average of £12.4bn for 2017, according to new UK Finance figures. Eric Leenders, managing director of personal finance at UK Finance, said: “Gross mortgage lending in January
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Homeowners face £930 mortgage rise

The average rate on a standard variable rate loan is 4.76 per cent, but the average two-year fixed deal is 2.37 per cent. Rachel Springall, financial expert for the consumer analytics group Moneyfacts, said: “Just switching from a costly standard variable rate to a low fixed-rate mortgage could save
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It's Dalio Versus Everyone Else as Money Flows to Europe Stocks

Even among those who are short, Bridgewater stands out, according to a Bloomberg survey of hedge funds. The combined value of their shorts stands at $23 billion. Dalio's position has decreased from $22 billion on Feb. 15 but is still a whopping 43 percent larger than the outstanding bets by Cliff
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Banks must get their heads out of the sand and into the cloud

There is something for everyone to celebrate in what has been a solid earnings season for the Big Four UK banks. RBS saw its first profit in a decade, HSBC's pivot to Asia gained momentum, Lloyds' focus on simple and safe business model continued to bear fruit, and Barclays planned to return more
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Gross mortgage lending jumps almost 10 per cent: UK Finance

Overall gross mortgage lending reached £21.9bn in January, the latest figures from trade body UK Finance reveal. This is an increase of 9.8 per cent from the same month in 2017 and is up from the £20bn lent out in December. Gross lending from UK high street banks totaled £13.8bn, an increase of 7.7
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What real estate leadership needs to succeed

To illustrate a slightly different notion of “space,” consider how the team model of real estate evolved beginning with Gary Keller's The Millionaire Real Estate Agent. The book outlined the steps required to become a “seventh-level business owner” by developing an agent team. Keller Williams then
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UK mortgage approvals bounce back from four-year low in January

“We're reluctant to conclude that January's bounce back in mortgage approvals means its back to business as usual for the housing market,” said Samuel Tombs of Pantheon. UK Finance also reported that consumer credit fell by 0.2 per cent in January, while net credit card lending was just £4m, down
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China May Abolish Term Limits, Allowing Xi to Stay in Power Indefinitely

China is clearing the way for President Xi Jinping to stay head of state indefinitely, after the country's ruling Communist Party proposed ending term limits for the post on Sunday. That proposal, posted to the country's official news agency Xinhua, called for an amendment to the constitution that ends rules
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Hunt Provides $5.4M Freddie Mac Loan for New Affordable Housing Project in Metro Atlanta

Wisteria Place at Mableton in Mableton, Ga., will feature a picnic area, koi pond, vegetable gardens, butterfly garden, gas grill area, covered gazebo, computer lab, theater, beauty salon and a classroom. MABLETON, GA. — Hunt Mortgage Group has provided a $5.4 million Freddie Mac loan for the
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Apple's Three New iPhones for 2018: Bigger, Faster, Cheaper

Apple Inc. is preparing to release a trio of new smartphones later this year: the largest iPhone ever, an upgraded handset the same size as the current iPhone X and a less expensive model with some of the flagship phone's key features. With the new lineup, Apple wants to appeal to the growing number
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AG Mortgage Investment Trust (MITT) Receiving Favorable News Coverage, Study Finds

It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any
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#NewLook: Twitter Eyes Redesign to Promoted Trend Ads

Twitter is experimenting with a redesign to its one of its first ad products, the “promoted trends” that let advertisers highlight the subject of their choice near the platform's closely … “So this is a new way to display them in a way that's far more visual, and it takes up a much larger piece of real estate.”.
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bant/ – Thinking of buying a hoodie

Thinking of buying a hoodie – “/bant/ – International/Random” is 4chan's international hanging out board, where you can have fun with Anonymous all over the world.
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What is Home Equity and Why Do I Want It?

Let's define the term and calculate how much home equity you have.
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50 Cent Was Just Kidding About Bitcoin Fortune: 'It's Favorable to My Image' to Pretend It's True

50 Cent Was Just Kidding About Bitcoin Fortune: 'It's Favorable to My Image' to Pretend It's True

The world has 21 (or more) questions as to why 50 Cent would be less than truthful about earning millions in bitcoin after allowing his 2014 album, Animal Ambition, to accept the cryptocurrency as payment. In documents obtained by PEOPLE on Monday, the rapper, né Curtis Jackson III, admitted that
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Review: Fable Fortune

The gameplay loop of Fable Fortune is fairly simple. When building your deck, you select one of six heroes. Each has different types of spells that can be added to your deck, from healing to resurrection. All heroes have access to a shared pool of neutral creatures (more on that later). After building your
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Apollo Commercial Real Estate Finance: A 10% Yield And Upside

Apollo Commercial Real Estate Finance benefited from strong loan origination growth throughout 2017. Loan originations totaled $2,045 million in 2017, a 68 percent increase over the previous year. Apollo's loan originations in Q4 2017 totaled $1,129 million ($857 million first mortgage loans, $272
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DHA Financial

We have put together some helpful information and mortgage calculators to help answer any questions you might have. If you would like to get a free quote with no cost and no obligation, please fill out our short application. Of course you can always call and speak to one of our loan consultants.
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Key Exception in New Mortgage Interest Deduction Rules

The new Tax Cuts and Jobs Act (TCJA) scales back or eliminates several itemized deductions, including deductions for qualified mortgage interest. Notably, interest paid on home equity debt is no longer deductible at all, effective in 2018. However, under a little-known “exception” to the rules, deductions
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Mortgage approvals rebound but UK housing activity expected to remain subdued through the rest …

The number of mortgage approvals for home purchases rose to 40,117 last month after having fallen to a 56-month low of 36,085 in December, according to the latest data from UK Finance. That was above consensus estimates for 37,000 and represented a three month high – having stood at 40,599 in
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Synovus Mortgage Arrives In Ooltewah

Synovus Mortgage Corp. Monday opened an office in east Hamilton County at 5975 Elementary Way in Ooltewah. Staffed by three licensed mortgage loan originators, the Ooltewah office offers a complete range of home financing options from “affordable mortgage programs to jumbo mortgages.”.
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Stock Market Continues Making Up Lost Ground – Market Update

This most recent Freddie Mac survey was completed before the Federal Reserve released the minutes of its Federal Open Market Committee meeting last week. In short, the Fed's optimism about the economy led analysts to believe further increases in short-term interest rates were coming and the
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Radian Promotes Derek Brummer to Lead Mortgage Insurance and Risk Services and Appoints …

PHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. today announced two executive appointments. Derek Brummer has been promoted to senior executive vice president, Mortgage Insurance and Risk Services and Eric R. Ray has been appointed senior executive vice president, Technology and
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Rick Sharga returns to Carrington Mortgage Holdings

“Carrington has numerous products and services, from our rapidly growing loan origination and servicing platforms, to our consumer-facing online services such as Carrington Connects, which manage every step of the home ownership and mortgage journey, and Rick is uniquely qualified to deliver our
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Millennials Boost Staten Island Housing Market

Elizabeth and Dmitriy Shenker were tired of handing over their hard-earned cash to a landlord. So when they went searching last year for a place to live on Staten Island, they chose to buy a detached single-family home for $810,000 in a new development in Prince's Bay. “The interest rates are really
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TransitScreen Launches MobilityScore™ Transportation Rating on Multiple Real Estate Websites

26, 2018 /PRNewswire/ — DC-based transportation information company TransitScreen has partnered with multiple real estate websites to launch its MobilityScore rating. This technology makes it easier for buyers and renters to evaluate the transportation choices around homes and apartments.
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Apollo's Dubai Partnership for Middle East Deals Is Said to End

Apollo Global Management LLC's partnership with a Dubai-based firm to help make its first investments in the Middle East is winding down, according to people familiar with the matter. New York-based Apollo is ending its venture with Frontier Management Group, which looked to source regional deals
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Miner of Biggest Diamonds Buys Blockchain Firm as CEO Exits

The mining company that found the biggest diamond in more than a century has joined the race to use blockchain technology to guarantee the quality and ethics of gem supplies. Lucara Diamond Corp., which in 2016 discovered a 1,109-carat stone, bought the operator of a digital platform selling rough
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Business Lending

Security Service Federal Credit Union business lending options include commercial business loan, small business loan, or business credit card options.
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Cross-Blockchain Lending Platform, Lendingblock, Counts Down to ICO Presale

Lendingblock, a cross-blockchain, securities lending platform for cryptocurrency, announced on Friday the dates for the presale of its initial coin offering (ICO) of /LND tokens. Starting on March 9, the presale will allocate 450,000,000 /LND tokens (45 percent of the total supply) and will be capped at USD
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Growing market: Foreign buyers behind 4 percent of Finland's 2017 real estate sales

File photo of real estate open house showing of a flat in Helsinki. Image: Markku Rantala / Yle. The number of international buyers has increased in the Finnish real estate market, according to real estate agency Kiinteistömaailma. Last year, non-citizens purchased 5,200 residential properties across the
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Banking royal commission to kick-off with mortgages, car finance and credit card victims

The big four bank's failures with fraudulent residential mortgages, dodgy car finance and excessive credit card lending will be the focus on the first week of hearings by the royal commission into financial services, according to a schedule of case studies published late on Monday. The hearings, to be
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Mortgage lending in January up 10%

Henry Woodcock, principal mortgage consultant at IRESS, commented: “This year-on-year increase has followed the lowest December lending for three years, and the lowest number of approvals since February 2015. “The January RICS residential survey saw enquiries, sales and instructions remain
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UK mortgage approvals rise for first time in 4 months, consumer lending falls

LONDON, Feb 26 (Reuters) – The number of mortgages approved by British banks increased for the first time in four months during January, industry data showed on Monday, but lending to consumers fell, reflecting caution among households. Mortgage approvals rose to 40,117 from 36,085 in
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Elizabeth Warren Targets NLRB Over Member Conflict

Elizabeth Warren Targets NLRB Over Member Conflict

An inspector general's report may undercut a decision limiting employee complaints, and the Democrats are swarming. By. Josh Eidelson. @josheidelson More stories by Josh Eidelson. February 26, 2018, 8:46 AM PST Updated on February 26, 2018, 9:21 AM PST. Elizabeth Warren. Photographer: Eric
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Jobs Website Glassdoor Interviews Banks for 2018 IPO

Glassdoor Inc. is interviewing banks to advise on an initial public offering that could come as soon as this year, people familiar with the matter said. The employment website operator is aiming to sell shares in the second half of 2018, the people said, asking not to be identified as the details aren't public.
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Trump Claims He Would Have Personally Stopped Florida Shooter. Critics Aren't So Sure

President Donald Trump says that if he had been at Marjory Stoneman Douglas High School where 17 people were killed earlier this month, he would have run into the building to stop the shooter—even if he didn't have a gun. “You don't know until you test it, but I really believe I'd run in there even if I
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US Wireless Carriers Plan to Launch 5G With 'Pucks' Not Phones

AT&T Inc. and Verizon Communications Inc., conceding that phones won't be available in time for the launch of fifth-generation mobile service this year, plan instead to offer 5G through portable hotspots called pucks. “I would expect that there are a range of handsets available in 2019 and some of those
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Craig Wright Sued Over $5 Billion Bitcoin Mined by Colleague

Craig Wright, the self-proclaimed inventor of bitcoin, is accused of swindling more than $5 billion worth of the cryptocurrency and other assets from the estate of a computer-security expert. Craig Wright. Source: BBC via AP Photo. Wright, who claimed in 2016 that he created the computer-based currency
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US House Prices to Rise on Strong Demand and Shortage of Homes

Treasury yields climbed to 4-year highs, pushing 30-year mortgage rates to 4.4 percent, the highest since April 2014 last week, according to home finance agency Freddie Mac. (For other stories from the quarterly housing market polls:) (Polling by Anisha Sheth and Sarmista Sen; Editing by Jonathan
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HousingWire launches online career center HousingJobs

With that, HousingWire is proud to announce HousingJobs, our brand-new online career center created exclusively for mortgage and real estate talent. You can check it out by going to HousingJobs.com. There is also a link featured in our top navigation bar. “We hold a unique vantage point into trends in
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Crypto Legend Who Bought Pizza With 10000 Bitcoin Is Back At It

It's one of the best-known cryptocurrency legends: The guy who bought two pizzas with 10,000 Bitcoin back in 2010 to prove the digital currency worked. Now he's at it again. This time, early Bitcoin developer Laszlo Hanyecz wanted to test the Lightning Network, a technology that runs parallel to a
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Buffett Says Berkshire's Been a Net Buyer of Stocks This Year

Warren Buffett said his Berkshire Hathaway Inc. has been a net buyer of stocks in 2018, even as he trimmed a stake in Phillips 66 to get below a regulatory threshold. “So far this year, we've been a net buyer, although we sold a chunk of Phillips 66,” Buffett, the chairman and chief executive officer of
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CIBC tightens mortgage rules for foreign buyers

The new B.C. budget increasing the foreign buyers tax from 15 to 20 per cent is not the only hit to offshore investors. CIBC quietly notified its mortgage advisors that, as of Feb. 1, the “Foreign Income Program” would be replaced by a new program, with much stricter foreign income verification procedures.
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Diageo Introduces 'Jane Walker' Scotch in Bid to Attract Women

Johnnie Walker is rolling out a female version of its iconic logo, an attempt to draw more women to the world's best-selling scotch and acknowledge a broader push toward gender equality. A limited U.S. edition of the whisky will have a striding woman on the label — rather than the traditional top-hatted
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Trade group: America doesn't need multiple GSEs

Housing-finance reform and ending the federal conservatorship of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac has become a hot topic again. The mortgage lobby, however, remains split on the direction of reform. Scott Olson, executive director of nonbank trade group
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Government unlikely to oppose Fianna Fáil bill seeking tighter regulation on mortgage buyers

Minister for Finance Paschal Donohoe is expected to recommend that the Government not oppose Fianna Fáil legislation to tighten regulations on companies that buy mortgages in arrears. Tomorrow Fianna Fáil's bill calling for buyers of loans – including vulture funds – to be regulated by the Central
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Using Your Home Equity to Consolidate Debt

For starters, mortgage investors like Fannie Mae, Freddie Mac, FHA, etc., all require you to keep a minimum amount of equity in the home when you take cash out. VA loans offer the ability for you to make the most of your home equity by only leaving 10% interest in the property, but not everyone qualifies
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3 Solid iPhones Can Add Up to a Blockbuster for Apple

Apple is planning to release three new smartphone models later this year, Bloomberg News reported on Monday. The trio of devices will include a supersized version of the current iPhone X, a less expensive model that includes some of the iPhone X's key features, and the company's typical update to
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UK mortgage lending rises but experts warn of tough year ahead

Howard Archer, chief economic advisor to the EY Item Club said: “UK Finance reported that mortgage approvals for house purchases picked up to a three-month high of 40,117 in January after slowing to a 56-month low of 36,085 in December from 39,624 in November, 40,599 in October and 41,647 in
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How Could Mortgage Rate Increases Impact Housing in 2018?

interest rates Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.” For this latest Insight report, Freddie Mac economists have looked at
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Freddie Mac Prices $981 Million Multifamily K-Deal, K-073

MCLEAN, VA–(Marketwired – Feb 26, 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 $981 million in K Certificates (K-073
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S&P ups economic risk rating for banking sector amid mortgage fraud worries

TORONTO — S&P Global Ratings says it expects more evidence of Canadian residential mortgage fraud could emerge amid high household debt and home prices. The ratings agency raised its economic risk rating for the Canadian banking sector to three from two on a 10-point scale. The increase did
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CIRCUIT Provides Missing Link in Architecture, Engineering, Construction and Commercial Real …

Milwaukee, WI – ( February 21, 2018) – CIRCUIT a|e|c|re, a niche, user-friendly website that connects employers with qualified candidates in Architecture, Engineering, Construction and Commercial Real Estate has launched this week. Demographic shifts and economic trends suggest the existing war
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Matic Challenges Mortgage Lenders and Insurers Nationwide to Help Families in Need Achieve …

Matic Challenges Mortgage Lenders and Insurers Nationwide to Help Families in Need Achieve …

26, 2018 /PRNewswire/ — Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, is calling on mortgage lenders, realtors and insurance providers nationwide to support Housed & Hopeful, a public/private partnership
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Europeans Dig In Against New Iran Sanctions Risking Nuclear Deal

“There is no problem that you can think of with Iran that would not be to the power of 100 worse if this was a nuclear-armed country,” David O'Sullivan, the European Union's ambassador to the U.S., said Monday in a meeting with editors and reporters at Bloomberg's Washington bureau. “So for us, the
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Conservatives release blueprint for Trump to 'eliminate' Fannie Mae, Freddie Mac

Conservatives who are pushing for the elimination of Fannie Mae and Freddie Mac on Monday gave President Trump a blueprint for phasing out the government-sponsored enterprises by himself. Analysts with the American Enterprise Institute and other right-of-center think tanks began rolling out a
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Trump Organization Says It Donated Some Profits to Treasury

The Trump Organization has donated profit generated last year from foreign-government business at its hotels to the U.S. Treasury Department, the company said Monday without specifying the amount. “Although not a legal requirement, this voluntary donation fulfills our pledge to donate profits from
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City sues Wells Fargo, alleging discriminatory mortgage lending in minority communities

The city of Sacramento has filed suit against Wells Fargo & Co., alleging discriminatory lending patterns for over a decade that targeted African-American and Latino borrowers in Sacramento. The suit filed Friday in the U.S. District Court for the Eastern District of California claims that Wells Fargo & Co
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House, Senate exploring how to expand reg relief bill: Top GOP leader

WASHINGTON — A top House lawmaker said Monday that there are bicameral discussions with the Senate to see if a narrowly tailored bill to roll back the Dodd-Frank Act can be expanded before the Senate votes on the deal. “Lot of conversations happening between House members and Senate
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TPG RE Finance Trust, Inc. Reports Fourth Quarter and Full Year Ended December 31, 2017 Results

The Company's $3.73 billion mortgage loan portfolio at December 31, 2017 consisted of high quality, primarily floating rate, first mortgage loans secured by properties in the United States, with 79.1% of the loans secured by properties located in the top 25 MSAs. The loan portfolio had an aggregate
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Freddie Mac Forecasts Mortgage Rate Impacts for 2018

mortgage rates, increase Freddie Mac has released its February Insight report, which “looks into the effects of higher mortgage rates on home buyers, homeowners wishing to refinance, mortgage lenders, home builders and real estate agents.” For this latest Insight report, Freddie Mac economists have
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GE's CEO Can't Seem to Stop the Stock From Tumbling

General Electric Co. plunged again as investors spurned Chief Executive Officer John Flannery's latest charm offensive. The CEO's letter to shareholders and a board overhaul announced Monday failed to soothe concerns about looming liabilities on GE's balance sheet, which the company detailed in
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Icahn May Save $49 Million With Trump Weighing Biofuel Policy Change

Billionaire Carl Icahn's oil refiner CVR Energy Inc. plans to spend almost $50 million less this year than it did in 2017 to comply with the U.S. biofuel mandate just as President Donald Trump's direct intervention energizes prospects of regulatory change. In a filing Monday, the Sugar Land, Texas-based
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Cincinnati's jobs market showing signs of weakness, PNC economist says

Business tax cuts, personal tax cuts and individual wage growth should help fuel the economy, Faucher said. And he expects Cincinnati's housing market to continue gaining strength this year, too. “You have a well-balanced housing market in Cincinnati,” he told me. “I think the housing market is in good
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Home Depot's Same-Store Sales Continue to Impress

Of course, part of this is, the health of the housing market today, we could look at a lesser-known company, TRI Pointe Homes is another data point for that, that's a stock we own in our mutual fund. They have orders up 17% over the year. This is TRI Pointe, new home deliveries up 23%. Backlog is up
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US New-Home Sales Drop; Economists Don't See Downswing in Housing Market — Update

Analysts are pointing to weather and the volatile nature of the new-home sales data to explain away what could be seen as an emerging downtrend in the housing market. “If the drop in January were related primarily to economic factors, it is likely that all regions would have experienced declines,”
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Home sales continue to slip, setting the stage for a spring rebound

Overall these results are disappointing, though not necessarily a cause for alarm in the housing market. New home sales are notoriously volatile, so gains and declines exceeding 5% month-to-month are not uncommon. Despite the declines in December and January, new home sales remain in a
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Homebuilder M/I Homes buying Detroit builder Pinnacle Homes

“We believe this acquisition represents an excellent strategic fit for M/I Homes and further enhances our market position with a well-established operation and land position in a dynamic and growing housing market,” Schottenstein said. “Pinnacle Homes was founded in 2005 by Howard Fingeroot and
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HomesUSA.com report: Houston new home prices dip, sales tick up

New home prices fell in Houston and Austin in January, while moving up in Dallas-Fort Worth and San Antonio, a new report showed. New homes sold for an average of $349,025 across in January across the four markets, up from $347,798 in December, according to the HomesUSA.com New Homes
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How Mortgage Payments Vary With Interest Rates, Loan Products

The 30-year, conforming, fixed-rate mortgage has become the bedrock of housing finance in America. But as discussions evolve around reforming mortgage giants Fannie Mae and Freddie Mac (so-called GSE reform) — the two institutions largely responsible for enabling the affordable 30-year
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50 Cent to Feds: You Won't Get a Bitcoin Outta Me; I Have None

50 Cent to Feds: You Won't Get a Bitcoin Outta Me; I Have None

The Blast celebrity news site, citing court documents from his bankruptcy case, reports that rapper Curtis Jackson “never owned, and does not own, a bitcoin account or any bitcoins, and to the best of his knowledge, none of his companies had a bitcoin account from 2014 to the present.” In January, TMZ
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Fortune Financial Services India Ltd to consider fund raising on March 1, 2018

A meeting of the board of directors of Fortune Financial Services India Ltd is scheduled to be held on March 1, 2018 to consider the proposal for raising of funds … Shares of FORTUNE FINANCIAL SERVICES (INDIA) LTD. was last trading in BSE at Rs.249 as compared to the previous close of Rs. 247.1.
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Mozambique cuts key lending rate by 150 bps to 19%

Mozambique's central bank reduced its benchmark lending rate by 150 basis points to 19 percent on Monday. The central also said its monetary policy committee had also decided to reduce the monetary policy interest rate, or MIMO, by the same margin to 18 percent.
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Framing Gun Violence As a Public Health Crisis—Part 2

I am excited to say Dr. Wintemute will be coming to this year's Fortune Brainstorm Health meeting on March 19-20 to engage in what I know will be a powerful conversation on this topic. Joining us will be Dr. Dean Winslow, Professor of Medicine at Stanford University School of Medicine, who was
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Closing Homeownership Gap Requires More Than Credit Scoring Changes

Fannie also rolled out parameters for qualifying applicants without credit scores. Fannie's brother GSE, Freddie Mac, introduced a no-credit-score capability of its own. The changes allowed consideration of borrowers without a credit score, but with housing payment histories, such as from renting, as well
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50 Cent No Longer Bragging About a Bitcoin Fortune Now That the US Government Is Interested

It's been a month since 50 Cent was part of the best feel-good story of the cryptocurrency boom. Following reports that the hip-hop star had earned about $7.8 million worth of bitcoin from sales of an otherwise forgotten album, he seemed to confirm the news on Instagram. But when pressed in bankruptcy
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Saudi King Replaces Military Commanders as Yemen War Lingers On

King Salman replaced Saudi Arabia's top military commanders in a sweeping overhaul of the defense establishment as the country's conflict with Yemeni rebels nears the end of its third year. The monarch issued a series of late-night royal decrees on Monday, replacing the heads of the air force, ground
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Fortune names its most admired companies in 2018

Technology and entertainment companies dominated the top spots of Fortune's World Most Admired Companies list this year. Fortune partnered with executive recruiting firm Korn Ferry to compile this year's list of 50 companies. “We began with a universe of about 1,500 candidates: the 1,000 largest
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Head of Wholesale Lending Services Job in Atlanta Area, GA

SunTrust has a career opportunity for a Head of Wholesale Lending Services in Atlanta Area, GA.
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Housing industry calls on Senate to confirm Brian Montgomery as FHA commissioner

“We are writing to express our enthusiastic support for the nomination of Brian D. Montgomery as the Department of Housing and Urban Development's assistant secretary for housing and Federal Housing Administration commissioner,” the letter continues. “We respectfully urge you to move his
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Commentary: The War Against Bad Bots Is Coming. Are We Ready?

Fake news. Fake social media accounts. Fake online poll takers. Fake ticket buyers. And behind them all: The prolific fakery of botnets. When will we get real and stop them? Malicious bots account for nearly 20% of all Internet traffic. These robotic computer scripts have been responsible for stealing
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New Study Charts Credit Union Sales to Secondary Market

A new survey conducted by the National Association of Federally-Insured Credit Unions (NAFCU) has determined that more than half of its member credit … According to the NAFCU survey, about 35 percent of respondent credit unions said they were selling their mortgage loans to Fannie Mae, while
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'Never heard of a fortune cookie': What Australia gets wrong about Chinese new year

I am from eastern China, I've lived in Beijing for 10 years. But I had never seen the lion dance associated with Chinese New Year in person until I came to Australia. Chinese New Year is marked by colourful celebrations in Australia, but they bear little resemblance to how the holiday is celebrated in
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Force India say halo has cost them a fortune

BARCELONA (Reuters) – Formula One's mandatory new 'halo' head-protection device has cost Force India a fortune, team technical director Andrew Green said on Monday. The British-based team, co-owned by Indian tycoon Vijay Mallya, have had to design a new chassis to incorporate the device
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Fable Fortune Brings a Familiar World to CCG Players

CCG fans rejoice as it looks like Fable Fortune, the new CCG (Collectible Card Game) has left early access after seven months to join the mainstream gaming lineup. Developer Flaming Fowl Studios had announced earlier last week that the game would be officially released as a free-to-play title on
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Home Prices Ended 2017 on the Rise

Although 2017 is already in the history books, a new data report is giving a final look at last year's housing market. According to statistics released by Black Knight Inc., home prices closed last year 6.6 percent higher on a year-over-year basis; on a month-over-month basis, home prices were up 0.10
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London's housing market exceeds 1.5 trillion GBP

The growth of housing prices in London is slowing, but they are still twice as high as the total property value of the next nine largest cities in the UK, including Bristol, Glasgow and Birmingham. The total London's housing market exceeds 1.5 trillion GBP (1.7 trillion EUR), which is more than twice the cost
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M/I Homes acquiring Detroit homebuilder Pinnacle

“We believe this acquisition represents an excellent strategic fit for M/I Homes and further enhances our market position with a well-established operation and land position in a dynamic and growing housing market,” Bob Schottenstein, president and CEO of M/I Homes, said in a statement. The move
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US Probes MiMedx's Federal Contracts, Accounting

Biotech firm MiMedx Group, which jolted investors last week by delaying its year-end earnings announcement, is under U.S. Justice Department scrutiny related to a pair of business practices, according to people familiar with the matter. Federal authorities are investigating whether the Marietta,
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Why fewer people are looking for a new home

Why fewer people are looking for a new home

The new tax law caps the mortgage interest deduction at home values up to $750,000, down from $1 million, for homes bought after Dec. 15. It also limits the deduction for property and state and local income taxes at $10,000. The modified mortgage interest deduction may have pulled forward some
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Martin Lewis: Mortgage advice – why you should overpay monthly rather than extend the term

One question concerned mortgage repayments, and whether you should shorten your term or simply overpay your mortgage. Martin explained that both have a similar benefit: “Overpaying and shortening your term do the same thing. “The shorter your mortgage time, the less interest accrues the cheaper
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Newbury joins Legal & General Mortgage Club

Roger Knight, lending manager at Newbury Building Society, said: “We are delighted to join Legal & General Mortgage Club as we continue to develop our relationship with our already blossoming intermediary network. “We believe our flexibility and wealth of experience will help both members and
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Current Mortgage Rates Improve on Monday

It's another week and it's going to be a busy one. We've got numerous economic reports scheduled for release and a key testimony from the new chair of the Federal Reserve. The good news is that current mortgage rates are improving today. With so much happening over the next few days, it's hard to
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Trump Vows to Take On NRA, Boasts of Willingness to Rush Shooter

Michael R. Bloomberg, founder of Bloomberg LP, which operates Bloomberg News, serves as a member of Everytown for Gun Safety's advisory board and is a donor to the group. Everytown for Gun Safety advocates for universal background checks and other gun control measures. — With assistance by
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Domino's serves up more slices than any other pizza company

Domino's Pizza claimed the title of largest pizza company in the world last week, passing Pizza Hut. The company, in its fourth-quarter earnings report, said its self-proclaimed No. 1 ranking is based on global retail sales. Ann Arbor, Mich.-based Domino's edged out Pizza Hut of Plano, Texas, which had
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Warren Buffett Re-Hedged His Bet

Warren Buffett published his annual letter to Berkshire Hathaway Inc. shareholders on Saturday, and I guess we have to talk about it, even though it was kind of boring. “It was his shortest missive in more than two decades,” points out my Bloomberg Gadfly colleague Tara Lachapelle, and it contained
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S&P warns it expects more mortgage fraud in Canada

“In addition, data compiled by Canada Mortgage and Housing Corp. (CMHC) estimated the broker share of first-time-buyer home purchases involving RM financing at 55 per cent in 2017, up from 48 per cent in 2012, and the broker share of repeat-buyer purchases involving RM financing at 44 per cent
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See Photos of the Floods Overwhelming the Central US

The Midwest experienced severe rains, rising rivers, and extreme flooding over the past weekend. The heavy rains led to flooding from Louisiana to Michigan, forcing many counties to issue flood warnings, flood watches, and state of emergencies. The Grand River in Grand Rapids, Mich. reached above
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US New-Home Sales Drop Again, but Economists Don't See Housing-Market Downswing

WASHINGTON—Two months of steep declines in sales of new homes across the U.S. haven't persuaded many economists that the housing market is turning lower. Purchases of newly built single-family homes—a relatively narrow slice of all U.S. home sales—fell 7.8% in January after dropping 7.6% in
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New Jersey Lawmakers to Consider Seven Gun-Control Bills

New Jersey's Democratic-controlled Assembly is moving forward with plans to toughen the state's gun-safety laws in the wake of the Feb. 14 shooting at a Florida high school that killed 17 people. The Assembly Judiciary Committee will consider seven bills on Feb. 28 that would approve personalized
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Freddie Mac pushes back ULDD Phase 3 soft launch

Phase 3 includes 30 new data points and updates to existing data points, primarily to incorporate new Home Mortgage Disclosure Act reporting requirements and changes related to condominium loan reporting. Fannie Mae began allowing optional delivery of its Phase 3 ULDD files late last year.
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New President at MBA Open Doors Foundation

The Mortgage Bankers Association (MBA) has appointed Deborah Dubois as President of the MBA Opens Doors Foundation, the trade group's philanthropic subsidiary that … Dubois was previously Chief Development Officer for the Center for Public Integrity, a non-profit investigative news organization.
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CoBiz Bank funds $25.6 million loan for Peña Station

Further, the developer elected to obtain a permanent loan forward commitment, which was provided by The Federal Home Loan Mortgage Corp. via Prudential Affordable Mortgage Company LLC. The developer's joint-venture partner was a division of Prudential Financial Inc. It was a 15-month process
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Mortgage Comparison Tool: A Glimpse at Life Without the 30-Year Fixed-Rate Mortgage

Because Fannie and Freddie play such an outsized role in mortgage finance in this country, one of the longstanding legacies of the recession is that taxpayers today back a large majority of the nation's mortgage market. Fears around the degree to which taxpayers would be on the hook if the market
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50 Cent Says He's Never Owned a Bit O' Bitcoin, Crypto Fortune Was a Lie

50 Cent just joined the rest of the world obsessively scratching their heads over cryptocurrency, because his alleged Bitcoin fortune just dwindled from an unrealistic amount of millions of dollars, to a very realistic amount of ZERO, after he admitted that he has never once in his life owned a bitcoin.
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New Homes Sales Drop in January

New home sales started 2018 with something of a whimper, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales of new single-family houses in January were at a seasonally adjusted annual rate of 593,000, which is 7.8 percent below the
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US new home sales hit five-month low; supply highest since 2009

The Commerce Department said new home sales dropped 7.8 per cent to a seasonally adjusted annual rate of 593,000 units last month, the lowest level since August 2017. Economists polled by Reuters had forecast new home sales, which account for nearly 10 per cent of the housing market, rising to
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Evolution of retirement plans in Fortune 500 companies

Evolution of retirement plans in Fortune 500 companies

This study looks at the retirement plans offered by Fortune 500 companies between 1998 and 2017.
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Bank of Ireland to pay its first dividend in 10 years

Bank of Ireland is turning over a new leaf, its recently appointed CEO told CNBC from Dublin on Monday. The Irish commercial lender, one of Ireland's traditional “big four” banks, has proposed its first dividend in a decade, marking a turning point for the previously troubled bank following the financial
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Powell Could Put Up With 2.5% Inflation to Keep Growth Pumping

“We've been around 1.5 percent inflation for the last five or six years,” he told Bloomberg Television's Michael McKee after the event. “If we really are serious about a symmetric 2 percent target then we should be equally comfortable — or uncomfortable — with 2.5 percent inflation for the next five years.
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Home loan fraud, brokers in banking royal commission spotlight

Home loan fraud at National Australia Bank and Commonwealth Bank-owned mortgage broker Aussie Home Loans, together with CBA's dealings with its network of mortgage brokers, are among issues to be examined by the royal commission into the banks at its first public hearing in a fortnight.
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How much? Schuyler County real estate transactions

Estate Of Alberta E. Blim sold 1770 Bronson Hill Rd. to Lucas Kelce for $75,499 on November 13. Brian J. Miller sold 1950 County Road 19 to Matthew P. Rogers for $285,000 on November 14. Hector. Frank J. Pinette sold 6341 Lewis Rd. to Daniel House for $178,000 on November 2. Roger A. Bower
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Donald Trump Has Recommended His Personal Pilot to Head the FAA

President Donald Trump's personal pilot, John Dunkin, is being considered as a potential new head of the Federal Aviation Administration (FAA). Axios reported late Sunday that Dunkin was on the shortlist, thanks to Trump's recommendation, and that he had already undergone an interview for the post.
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Realista Wants to Revolutionise the $217 Trillion Real Estate Industry

Realista was created by Alex and Duncan McIntyre in 2015 with the aim to lower the costs of online real estate portals. With over 20 years' experience in real estate, Alex was aware of the industry's greatest problems. Duncan, who grew up in a family of estate agents, came to recognise these issues too.
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Barclays Cuts AGNC Investment (NASDAQ:AGNC) Price Target to $20.00

AGNC Investment logo AGNC Investment (NASDAQ:AGNC) had its target price cut by equities research analysts at Barclays from $21.00 to $20.00 in a research note issued on Friday, February 2nd. The firm presently has an “equal weight” rating on the real estate investment trust's stock. Barclays' target
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Can Green Energy Beat Lebanon's 'Generator Mafias?'

In the Lebanese town of Zahle, hundreds of solar panels glitter atop red-tiled roofs and spread across the grassy foothills beneath the Bekaa Valley's snow-capped peaks. Glancing around, one might think this chronically power-starved Mediterranean country is on the cusp of a green energy revolution.
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ASTL members exceed £3.5bn of bridging lending

ASTL members exceed £3.5bn of bridging lending. Annual completions from members of the Association of Short Term Lenders (ASTL) have increased by 24.6% to more than £3.5bn, according to the latest figures.
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Circle CEO Jeremy Allaire, on mainstream banks' aversion to cryptocurrency

While the cryptocurrency markets ride out their growing pains, Circle's trading infrastructure is providing the company with a runway for its longer-term goals. Bobby Cho, the head trader at Circle rival Cumberland, predicts that 2018 will be the inflection point when more Wall Street institutions get
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Airbus, Delta, and Sprint Are on a Quest for In-Flight Wi-fi That Actually Works

It's 2018, so why is it still seemingly impossible to get a decent wi-fi on an airplane? Well, a lot of reasons, it turns out. The Wall Street Journal recently enumerated them: hardware, software, government regulation, aviation regulation, and rivalries between wireless and satellite companies. Despite the
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They're Richer Than Ever in the Land of Negative Interest Rates

After more than half a decade of negative interest rates, rising property values in Denmark have left the average family with net assets of 1.9 million kroner ($314,000), according to the latest report on household wealth. “Right now, net assets are at a record-high level,” said Tore Stramer, an economist at
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This Big Cryptocurrency Acquisition Could Create a Wall Street-Style Financial Giant

Circle, a cryptocurrency-focused financial-services firm, will announce today that it is buying crypto exchange Poloniex—a move that immediately makes Circle one of the largest and most influential companies in the industry. Fortune's Robert Hackett profiles a company that hopes to leverage the
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Coders Want to Unionize—With Help From Trump

By January, Bjorn Westergard says, he and his fellow coders had finally had enough. In the space of two months, Lanetix, the Bay Area cloud-software startup he worked for, had allegedly dismissed a colleague who'd advocated for more paid time off, discouraged the remaining staff from discussing
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American CEOs Don't Seem Fazed by the Prospect of Nafta Failing

In describing what life would be like without Nafta, some business groups have stopped just short of predicting a plague of locusts. Listen to American CEOs, though, and the potential collapse of the continent's trade framework doesn't sound quite so scary. As talks on reshaping the pact drag into a
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Corbyn Sets Up Showdown With May on Customs Union: Brexit Update

Corbyn called for cross-party support for a “comprehensive” customs union with the European Union. Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. Labour leader Jeremy Corbyn's long-awaited Brexit speech on Monday spelled trouble for Theresa May, and could
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Facebook to Pay $35 Million to Settle Lawsuit Over IPO

Facebook Inc. agreed to pay $35 million to settle claims that its officers and directors misled investors in the company's 2012 initial public offering. Facebook didn't admit wrongdoing as part of the settlement, which was made public in a court filing Monday. The lead plaintiffs in the class-action lawsuit
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raceAhead: Michael Steele Fights Back at CPAC

Now imagine that one of that organization's senior representatives takes to the podium and publicly shares his view that hiring you—a diversity pick at that—was a big mistake. This was the nightmare scenario that greeted former Republican National Committee chairman Michael Steele during the
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US Supreme Court Justices Clash Over Mandatory Union Fees

US Supreme Court Justices Clash Over Mandatory Union Fees

Members of the U.S. Supreme Court clashed sharply Monday over the right of public-sector workers to refuse to pay union fees, while the justice who will cast the deciding vote kept silent during an hour-long argument. Justice Neil Gorsuch, President Donald Trump's appointee who is serving his first full
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Supreme Court Extends DACA Relief for 'Dreamers'

Demonstrators, many of them recent immigrants to America, protest the government shutdown and the lack of a deal on DACA (Deferred Action for Childhood Arrivals) outside of Federal Plaza on Jan. 22, 2018 in New York City. Spencer Platt—Getty Images. By Chris Morris. 11:19 AM EST. President
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Buffett-Dimon Health Venture to Go Beyond Just Squeezing the Middlemen

Buffett's Berkshire Hathaway Inc., along with Amazon.com Inc. and JPMorgan Chase & Co., said in late January that they planned to start a joint health venture to improve care for their workers. While the companies didn't give much detail at the time, the announcement prompted broad speculation and
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Sexual-Orientation Bias Violates Law, Appeals Court Says

The LGBT community and its corporate supporters won a legal victory over the Trump administration as a federal appeals court ruled that firing workers over their sexual orientation is a form of sex discrimination. The landmark Civil Rights Act of 1964, which bars workplace discrimination on the basis of
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The coming crisis with interest-only loans

Interest-only loans, which postpone the repayment of the loan principal for a fixed term, usually between three to five years, have been targeted by financial regulators, including the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA). These institutions are worried
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Peer-to-Peer Lending Startup Blender Raises $16 Million in Debt Financing and Equity

Israel-based peer-to-peer lending startup Blender P2P Israel Ltd. has raised $16 million in equity and debt financing, the company announced Monday. … Tel Aviv metropolitan area, Blender's online service allows users to apply for a loan of up to EUR 10,000 (approximately $12,350) or become lenders
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Hunt Mortgage Group Provides Financing to Develop an Affordable Multifamily Property Located in …

NEW YORK, Feb. 26, 2018 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it has provided a Freddie Mac loan in the amount of $5.4 million to finance the construction of an affordable multifamily property located in
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French non-bank lender attracted to commercial

But Mr Jacquemin flagged that lending would be a major focus for the group. “One of the areas we're looking to expand into is commercial real estate debt,” he said. AXA IM-Real Assets is the top non-bank lender in Europe and is also active in Japan. “We feel that the regulatory issues affecting capital
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Q&A: AfDB risk officer on how innovation helps them lend more

Over the years, the bank's lending environment has improved and adapted to borrower countries' evolving needs. AfDB introduced options that allowed borrowers to choose from a number of currencies, and since 2000 has offered borrowers the ability to customize their debt repayment profile with
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US new home sales drop for second straight month

The report came on the heels of data last week showing sales of previously owned homes declined for a second straight month in January amid near record low housing inventory. Home sales are being constrained by a severe shortage of houses, especially on the lower end of the market, that is
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Investors Bank Sets Up Equipment Lending Division

“We welcome this exceptional capital equipment finance team to our lending group,” CEO Kevin Cummings said. “After reviewing its equipment financing operations, our executive team decided that Mr. Walters' group is the perfect fit for us. They know the market, are based in New Jersey, serve clients
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Fintech lenders increase efficiency of US mortgage lending, research says

Fintech mortgage lenders are increasing their presence in the US, offering fast, reliable and flexible credit solutions, according to research published by the Federal Reserve Bank of New York. “Taken together, our results suggest that recent technological innovations are improving the efficiency of the
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Servicing Package Offered; Upcoming Events and Sales Workshops

As local, state, and national organizations plunge into another year's worth of conferences, there is some good news for those that imbibe in adult beverages. According to this … Non-depository lenders are still searching for lines of credit to finance their mortgage servicing rights (MSR). And servicing
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The influence of technology in second charge lending

Moving into 2018, the vast potential attached to second charge will continue to spark lender interest; and it's my hope that any new entrant will be technologically savvy, innovative and service orientated. These are important components in further enhancing the profile and perception of the sector, and
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Rising Rates: Who Will Be Hit and How Hard?

Once the costs for a new mortgage rise above what the borrower is paying on the existing home, the tendency is to delay the sale and new purchase. However, families who must move, perhaps to relocate for a new job or to accommodate a growing family, will accept a marginal increase in financing
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BankThink FHA premium cut would make homes less affordable, not more

In new research by the AEI Housing Center, we along with our colleagues found that home prices went up by about 2.5% for FHA borrowers — that is because a portion of the premium drop pushed home prices higher due to the supply-constrained seller's market. FHA's premium cut increased buying
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Greystone Real Estate Advisors Closes Sale of Texas Senior Living Portfolio

Greystone is a real estate lending, investment and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Our range of services includes commercial lending across a variety
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Garanti Bank and Garanti Leasing sign two lending agreements with IFC amounting to EUR 32 mln …

Garanti Bank and Garanti Leasing, part of Garanti Romania, one of the most dynamic financial groups on the local market, have signed two lending agreements with IFC, a member of World Bank Group, amounting to EUR 32 million, with the purpose of financing Romanian small and medium sized
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Qualcomm Leaves Price as Final Hurdle to Broadcom Takeover

Qualcomm Inc. has said it will engage in negotiations with Broadcom Ltd., the clearest indication by the company that it is open to a potential takeover. Following a meeting with executives at both companies on Friday, Qualcomm Chairman Paul E. Jacobs sent a letter to his rival Hock Tan, published
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Trump's Obamacare Changes to Push Up Premiums, Report Projects

The Trump administration's efforts to loosen health insurance rules will increase premiums for Obamacare plans by double-digit percentages in most states next year, according to a new analysis by the Urban Institute. Monthly payments for a traditional health insurance plan sold through Obamacare will
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