Local US Officials Woo Chinese Investment Despite Trump Threat

Local US Officials Woo Chinese Investment Despite Trump Threat

“We view it as very important,” said Kristi Tanner, senior managing director of JobsOhio, in a March 18 phone interview during a business trip in Fuzhou, China. She said that in meetings with companies and provincial leaders, she used Fuyao Glass, a Chinese automotive glassmaker whose factory in
See Original Article

Police arrest members of cybercrime gang

Police say that they have arrested the head of a computer crime collective, alleged to have stolen millions of dollars from banks around the world after infecting them with malware. For the past five years the hacking gang has attempted to infect banks and financial institutions in more than 40 countries
See Original Article

Shinnecock Partners Publishes an Investor's Guide to Fine Art Secured Lending

Shinnecock Partners, a 28-year old family office boutique with significant expertise in alternative finance and fintech, has published “Creative Collateral: Lending Against Fine Art,” by the firm's founding partner, Alan C. Snyder and co-authors/firm analysts Michael Cervino and Christian Williams.
See Original Article

PNC Bank Launches Online Direct Auto Lending Portal

“We recognize that the negotiating and car buying process can be stressful,” Lakhbir Lamba, head of retail lending products at PNC Bank, said in a press release. “PNC Total Auto better prepares customers to make informed shopping and purchasing decisions by providing a fair, comparable price, and
See Original Article

Lender Calls – Q4 Roundup

The government's October 2016 mortgage insurance rule changes impacted originations among all three lenders. Home's single-family mortgage originations in 2017 were down 52% year-over year (though Q4 originations were up 126% from Q3). Meanwhile, Street's prime mortgage originations in
See Original Article

Tight supply threatens consumer sentiment on home buying

Heading into a competitive spring housing market, optimism that now is a good time to buy hit its lowest share in two years, according to the National Association of Realtors. In the first quarter of 2018, about 68% of consumers reported that now is a good time to buy a home, down from 75% a year ago
See Original Article

Past as Prologue

Before the summer starts in earnest, I thought that it would be a good idea to write down 10 things I think I have learned from this prolonged real estate downturn. It is kind of like my own final exam. Just closing the book and thinking about what wisdom I have gained over the past couple of years.
See Original Article

House Price Appreciation Resilient as Rates Rise, According to First American Real House Price …

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the January 2018 First American Real House Price Index (RHPI). The RHPI measures
See Original Article

Pennsylvania Mortgage Servicers Now Required to Get Licensed and Bonded

The licensing process for non-bank mortgage servicers will entail obtaining a $500,000 surety bond. You will also need to get a fidelity bond in a sufficient amount set by the authorities, and the bond should be approved by the Federal National Mortgage Association or the Federal Home Loan Mortgage
See Original Article

Three St. Louis companies make Fortune's list of best workplaces

Fortune's profile of Edward Jones mentions the brokerage firm's regular bonuses, overnight family retreats and long list of community outreach events. Survey respondents also mentioned mentoring as “one of the most treasured traditions at Edward Jones.” (Edward Jones also was No. 1 in last year's
See Original Article

Pirum/IHS Markit adds five firms to SFTR DPG

Pirum has added five firms to the Design Partner Group (DPG) of its Securities Financing Transactions Regulation (SFTR) reporting solution, in partnership with IHS Markit. The five firms joining the DPG are Citi, Morgan Stanley, RBS, UBS and Vanguard. The Pirum/IHS Markit SFTR reporting solution
See Original Article

Foxconn wants to buy more Wisconsin real estate, executive says

But the firm, through an affiliate, also has made unannounced real estate purchases, and Woo indicated there will be more. In early February, a Foxconn-related entity called Adams Street Development LLC bought 39.6 acres of land in Sturtevant. That parcel, immediately northeast of Highway H and
See Original Article

Chinese Real Estate Deals Drop in US as Regulators Clamp Down

(Bloomberg)—Chinese investment in U.S. commercial real estate is falling, an ominous sign for landlords with buildings to sell. … Buyers from China helped propel real estate values to records following the recession, with deals such as the 2015 purchase of Manhattan's Waldorf Astoria by Anbang
See Original Article

Why We Can Learn a Lot From the Cockroach Genome About How to Adapt to Any Environment

Researchers in China sequenced the genome of the American Cockroach, the largest insect genome sequenced to date besides that of the locust. Al Barry—Getty Images. By Grace Donnelly. 12:11 PM EDT. The second-largest genome ever sequenced belongs to a small but fascinating creature. Called
See Original Article

Seattle-area home market heats up yet again, leading the country for 17th straight month

Seattle kicked off 2018 the same way it spent the prior year and a half, as the hottest real estate market in the country, with no slowing down. The cost of the typical single-family house across the Seattle metro area grew 12.9 percent in January from a year prior, according to the monthly Case-Shiller
See Original Article

Real Estate announce new US tour dates for this summer

Real Estate just wrapped up a series of shows last month, and now the easygoing indie outfit has announced a new batch of North American dates in … Late last year, Real Estate found themselves in the spotlight when the band revealed they fired former guitarist Matt Mondanile for “unacceptable
See Original Article

US home prices post 6.2% annual gain in January

U.S. home prices posted another big gain in January, pushed higher by a shortage of homes for sale. Standard & Poor's said Tuesday that its S&P CoreLogic Case-Shiller national home price index climbed 6.2 percent in January from a year earlier. That nearly matches December's 6.3 percent gain,
See Original Article

York County bank expands into Cumberland County with opening of new loan production office

A bank with a number of branches in York County has expanded outside of York County into Cumberland County. York Traditions Bank which announced last week that it changed the name of its mortgage services division to Traditions Mortgage, has opened a loan production office in Camp Hill to
See Original Article

ESMA updates its Q&A on MiFID II commodity derivatives topics

The European Securities and Markets Authority (ESMA) has today updated its questions and answers (Q&As) on the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR) regarding commodity derivatives topics. These Q&As provide clarification on issues related to the MiFID
See Original Article

Apple Education Event Puts the Focus on Students and Teachers

Apple put students and teachers center stage at an education event in Chicago on Tuesday. The presentation was a decidedly software-focused affair, with just one new device, an updated iPad, unveiled. Instead, Apple focused on software and services for schools as it tries to compete with Microsoft
See Original Article

3 Tips for Hosting a Marketing Industry Event That Doesn't Suck

3 Tips for Hosting a Marketing Industry Event That Doesn't Suck

Think beyond title, company size or even geographic location. Assemble a group of people who will benefit from meeting one other, and from having meaningful conversations that can have a lasting effect. Odds are, you're not going to throw the next SXSW or CES, and that's OK. Some of the best events
See Original Article

New America Energy Corp Announces Corporate Update on the Company's Application and Next …

Application: Best Title Deal is live on the Google App store and anticipates final approval on the Apple App store at any moment. Management has reached out to its previously announced Promotional partner On4 Communications, Inc. (OTC PINK: ONCI) in anticipation of the expected approval. On4 has
See Original Article

Home Prices in 20 US Cities Advance More Than Forecast

A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released Tuesday. Highlights of Home Prices (January). 20-city home-price index increased 6.4% y/y (est. 6.2%), after rising 6.3% y/
See Original Article

Loan officers should be able to answer this question in 30 seconds or less

Mortgage loan officers face a challenge this year: With mortgage interest rates on the rise, the pool of eligible rate/term refinance borrowers shrinks. With that side of the lending business waning, loan officers must work harder to both grow their share of existing refinance and drive more purchase
See Original Article

Stronger privacy needed for 'open banking' to avoid Facebook-style scandal

Consumer groups say “open banking” must include bolstered privacy protections and stricter rules around consent, including the right for a customer to request the copy of their data be deleted, to avoid a Facebook-style data breach destroying trust in the regime. A joint submission to Treasury from the
See Original Article

Looser capital rules could stabilize mortgage servicing, banks say

Banks would welcome a proposal to loosen Basel III capital restrictions because it would make holding mortgage servicing rights easier and stem the recent exodus of depositories from the servicing business, executives said. Federal banking regulators are evaluating a plan that would increase the
See Original Article

Are Investors Buying or Selling Weight Watchers International, Inc. (WTW), and What Should You …

Recent insider trends for Weight Watchers International, Inc. (NYSE:WTW) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of WTW, the data has a lot to say about how the stock might perform going forward. Institutions own
See Original Article

Current Mortgage Rates Improve on Tuesday

Mortgage rates are improving a little today as government bond yields slide lower. Rates are still expected to move higher as we march through 2018 so our recommendation remains for borrowers to take action on a purchase or refinance soon. It only takes a quick phone call or a few minutes online to
See Original Article

The Japanese lesson for a British housing market past its sell-by date

It is a familiar story. Housing activity in Britain is struggling against a backdrop of continued high prices. UK Finance has reported that mortgage approvals fell by 11 per cent last month. Other survey evidence, notably from the Royal Institution of Chartered Surveyors, points to a market in the doldrums,
See Original Article

Cleveland house prices post 3.5 percent annual gain, Case-Shiller shows (interactive graphics)

CLEVELAND, Ohio — Cleveland-area house prices are rising at a 3.5 percent annual clip – outpacing the rate of inflation but lagging price growth in many other major metropolitan areas. A Tuesday update to the S&P CoreLogic Case-Shiller Indices, one closely watched barometer for the housing market
See Original Article

Gun Control Laws Are About to Get Stricter in New Jersey

Fortune plotted the number of gun provisions in each state against each state's gun homicides in attempt to gauge the impact of such laws. Fortune used research by the State Firearm Laws project and Gun Violence Archive statistics. Correlation does not equal causation. However, the revealed trend is
See Original Article

TREASURIES-US bond yields slip on quarter-end buying before 5-year supply

“Despite today's stock market rebound, 'flight-to-quality' sentiment may still linger given market concerns over trade policies, which could be supportive for demand,” analysts at Nomura Securities International wrote in a research note. The share of investors who are bullish on longer-dated Treasuries
See Original Article

Insurers Linked to Wall Street Face Scrutiny Over Irate Clients

… streams of cash they can then invest. The customer-service issues are a lesson to firms that haven't been singled out by regulators, including Blackstone Group LP and Paul Singer's Elliott Management Corp., that the basic business of insurance has as many pitfalls as trading in complex markets.
See Original Article

Study: Families Get the Worst Shake In DC Real Estate Market

The report, led by DCPC Executive Director Yesim Sayin Taylor, used publicly available property data and year-end reports from local agencies to assess the number of housing units and buildings in D.C. (319,800 and 116,781, respectively). It paints a bleak picture for the state of wealth dispersion and
See Original Article

FORTUNE Magazine and Great Places to Work Name Sage's San Jose Sage Intacct Office One of …

SAN JOSE, Calif., March 27, 2018 (GLOBE NEWSWIRE) — Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that, for the third consecutive year, it was named one of the 2018 Best Workplaces in the Bay Area by FORTUNE Magazine
See Original Article

Case-Shiller: All top 20 US cities see home price increases in January

“Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner-occupied housing,” Blitzer said. “The current months-supply, how many months at the current sales rate would be needed to absorb homes currently for sale, is 3.4; the average since
See Original Article

Despite Promises, Facebook Housing Ads Discriminate, Suit Says

“We want the court to order Facebook to develop a plan to remove any ability for advertisers to access Facebook's checklists for excluding groups of people in the posting of housing-related ads,” Ms. Houk said. “Because of Facebook's impact on the housing market, we'll ask the court to implement a plan
See Original Article

Starter home market is worst of all housing segments

The starter home sector is faring worse than the housing market as a whole, according to a recent report by Trulia. Despite overall housing inventory being up 3.3 percent, starter home inventory decreased 14.2 percent from last year to this year. Meanwhile, inventory for premium homes rose 13.3
See Original Article

San Diego Housing Market Leads Nation in January with 0.8% Price Rise

The San Diego housing market led the nation in price growth in January with a rise of 0.8 percent from December, according to the authoritative Case-Shiller index released Tuesday. The trend in San Diego appears to be accelerating. Prices dipped 0.3 percent in November then rose 0.2 percent in
See Original Article

Major Challenges Faced by the Online Banking Industry | Quantzig

LONDON–(BUSINESS WIRE)–Quantzig, a global analytics solutions provider, has announced the completion of their latest article on the major challenges faced by the online banking industry. Online banking helps users to manage their finances from any time and anywhere conveniently.
See Original Article

Insider Buying: International Flavors & Fragrances, Inc. (IFF) Major Shareholder Purchases 23304 …

Insider Buying: International Flavors & Fragrances, Inc. (IFF) Major Shareholder Purchases 23304 …

International Flavors & Fragrances logo International Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 23,304 shares of the firm's stock in a transaction on Monday, March 26th. The stock was acquired at an average price of $134.54 per share, for a total
See Original Article

Foreign Traders Manage US Crude Exports—Energy Journal

Ltd. and Mercuria Energy Group Ltd., accounted for 22% of U.S. crude exports in the past 12 months. These mainly Europe-based trade houses buy and sell physical oil and ship it around the world. Still, the traders' edge in U.S. exports is expected to diminish over time as logistical issues are ironed out
See Original Article

Rubenstein, Vision Real Estate Ink Twin NJ Office Deals

In two separate transactions, Vision Real Estate Partners and Rubenstein Partners have snapped up Phases I and II of the former Morris Corporate Center IV in Parsippany, N.J. With the completion of the acquisition, the joint venture adds 700,000 square feet of trophy quality office space to their
See Original Article

Case-Shiller Says "Affordability not a Concern"

Despite limited supplies, rising prices and higher mortgage rates, affordability is not a concern. Affordability measures published by the National Association of Realtors show that a family with a median income could comfortably afford a mortgage for a median priced home.” Case Shiller reports that all
See Original Article

Wye Oak's Jenn Wasner Forgives Herself For Being Fortunate On The Anthemic New Song 'Lifer'

And yet, while I watched those around me suffer, some invisible force seemed to have settled around me, protecting me from the same fate and dropping gifts of good fortune unceremoniously into my lap. I was always the lucky one. And along the way, my brain took a feeling that should have manifested
See Original Article

Foxconn is buying Belkin, an LA maker of routers, chargers and keyboards

Foxconn is buying Belkin, an L.A. maker of routers, chargers and keyboards … An arm of Taiwanese manufacturing giant Foxconn Technology Group has agreed to buy Los Angeles-based Belkin International Inc. in the latest move by Foxconn's billionaire chief executive, Terry Gou, to expand into
See Original Article

First American Ranked Among the Best Workplaces in Financial Services and Insurance by …

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced today that Fortune® and Great Place to Work® have recognized First American as one of
See Original Article

Ask the Underwriter: Does the American Dream of Homeownership apply to DACA recipients?

There are FHA Loans and Conforming Loans Securitized by Freddie Mac, that provide financing for DACA Recipients as well, however, the rules are more stringent and require additional documentation. So tell the borrower to get out there! Find that dream home! Get that dream mortgage! And never
See Original Article

Fixing the student housing market in Nottingham

Student Co-operative Homes is a new national body that aims to fix the student housing market, and it is making its way to Nottingham. In its press release, Student Co-op Homes claims to “offer alternative [and] cheaper student housing in towns and cities across the UK – housing that is owned and run
See Original Article

Naked Donald Trump Statue Hits the Auction Block

A woman points at a statue of a naked Republican presidential candidate Donald Trump, in New York's Union Square. The statue was removed by New York City Department of Parks & Recreation employees Donald Trump statue in Union Square, New York on Aug. 18, 2016. Mary Altaffer—AP/REX/
See Original Article

Winners of BrandSpark International's 2018 Best New Product Awards announced from a survey of …

“With thousands of new products launched into the marketplace every year and new ways to buy products, including e-commerce, consumers are looking for ways to identify which products are truly the best and deserving of their dollars,” said Robert Levy, president of BrandSpark International and
See Original Article

Chinese investment in US real estate fell 55% in 2017

Chinese investment in U.S. commercial real estate registered a jaw-dropping 55 percent decline in 2017, a result of tighter capital controls imposed by the Chinese government, increased regulatory scrutiny and more attractive opportunities in other countries, according to a report by Cushman
See Original Article

Initia Holdings, others back digital lender Cash Suvidha with pre-Series A money

The funds will be primarily used to facilitate lending to small-and-medium enterprises and to cater to the loan needs of individuals, particularly in Delhi-NCR, Bengaluru, Pune, Hyderabad, Mumbai and Rajasthan, it added. Cash Suvidha was founded in June 2016 by Rajesh Gupta, Anoop Garg and
See Original Article

Huawei Unveils Its iPhone X Challenger

Huawei Technologies Co. introduced its challenger to Apple Inc.'s iPhone X and Samsung Electronics Co.'s Galaxy S9, amid the company's fallout with U.S. retailers, wireless carriers and government officials. The 5.8-inch P20 smartphone features an edge-to-edge display, and a 6.1-inch Pro model
See Original Article

There Are Worries European Technology Will Be Left Behind

That's what a group of the region's best minds — dubbed JEDI — is saying as Google, Apple, Facebook and China's artificial intelligence companies forge ahead in the race for technological supremacy. JEDI, or the Joint European Disruption Initiative, counts former Deutsche Telekom CEO Rene
See Original Article

Mortgage rates today, March 27, 2018, plus lock recommendations

Mortgage rates today are giving borrowers and investors whiplash. Normally, there is some rhyme or reason to changes — everything heads north or south, or either all the government loans move one way, or all the short-term loans, or the 30-year loans. What we have is a confused market waiting for
See Original Article

Arrival of Final Bank Regulator Could Speed Up Easing of Rules

Banking regulators told Congress last year that they were re-evaluating guidelines issued in 2013 that cracked down on leveraged lending, or loans to heavily indebted companies. The Fed and OCC have already signaled that they will give banks room to do more leveraged lending as long as they are
See Original Article

Canadian Dairies Are Booming Amid Trump's Trade Threats

That's partly to do with rising demand for butter, which consumers increasingly view as a healthy part of their diet. Canada's dairy sector receives tariff and quota protections from its government, and also benefits from a new policy, the so-called Class 7 pricing formula, which helps it deal with the leftover
See Original Article

Here comes the mortgage standards tightening

Mortgage (and other consumer credit product) underwriting standards in Australia seem to have been lax for some period of time. APRA is moving to tighten underwriting standards. However, given the evidence presented so far to the Royal Commission we believe there is a material way to go to ensure
See Original Article

Housing Wealth for Older Homeowners Reaches $6.6 Trillion in Q4 2017

WASHINGTON, March 27, 2018 /PRNewswire-USNewswire/ — Housing wealth for homeowners 62 and older grew to $6.6 trillion in Q4 2017, an increase of $149 billion in senior home equity over Q3, reports the National Reverse Mortgage Lenders Association today in its quarterly release of the
See Original Article

EAM Investors LLC Buys New Position in SeaChange International (NASDAQ:SEAC)

EAM Investors LLC Buys New Position in SeaChange International (NASDAQ:SEAC)

SeaChange International logo EAM Investors LLC acquired a new position in shares of SeaChange International (NASDAQ:SEAC) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 144,255 shares of the software maker's stock,
See Original Article

This 11.0%-Yielding Mortgage REIT Is A Speculative Buy On The Drop

AG Mortgage Investment Trust Inc. (MITT) is a “Speculative Buy” at today's price point, but only for investors with an above-average risk tolerance. AG Mortgage Investment Trust's shares now sell for a discount to accounting book value, but the margin of dividend safety is very thin. An investment in MITT
See Original Article

The Canadian Mortgage Machine Fires Up Again, As Debt Levels Resume Growth

Canadian mortgage numbers are back to growth, after taking a very brief vacation. Bank of Canada (BoC) numbers show outstanding household credit continued to rise in February. The trend was driven by an increase in mortgage balances. The increase comes after last month's decline, which was the
See Original Article

United States: CFPB Loses Motion For Reconsideration In Borders Case: Its Next Steps May …

Nevertheless, even assuming that referrals of title insurance to the joint ventures were things of value, the court held in the alternative that the referrals would be exempt from attack, not under the 8(c)(4) ABA exemption, but under Section 8(c)(2)'s exemption for services rendered. In so holding, the court
See Original Article

Fleet Mortgages hire two BDMs

Fleet Mortgages has appointed two business development managers (BDMs) to cover Central London and the South. Both were internal appointments and follow promotions within the sales team and mean that Andrea Gizzy becomes BDM for Central London and Rob Abdur becomes BDM for the
See Original Article

Bitcoin and Cryptocurrency Fever Hits Colorado's Luxury-Home Market

Bitcoin and other forms of cryptocurrency are ultra-trendy among investors, speculators and others who dream of making a quick fortune. But they're also becoming increasingly mainstream, especially among the super-rich, as illustrated by what appears to be a first for the luxury-home market in Aspen.
See Original Article

A FORTUNE 100 FINANCIAL INSTITUTION CHOOSES UNIVERSAL SSH KEY MANAGER

A Fortune 100 Financial Institution has selected SSH.COM's new quick-to-deploy UKM Analyze™ solution to centralize their SSH key management and to gain visibility to SSH related risks across its business-critical infrastructure. The initial order of approximately 0.5 million USD consists of a software
See Original Article

The US needs to borrow almost $300 billion this week

One reason to keep China happy is that Trump needs China and other foreign investors to pay for his tax cuts, which are expected to add more than $1 trillion to the federal deficit over the next decade. “The amount of debt that has to be issued to fund the tax bill is tremendously high,” said BlackRock's
See Original Article

Are banks ready for digital transformation?

I meet a lot of senior executive teams of large banks. Some are visionary, many are committed and a large number understand that life is changing. Few understand how. I talk to them about the fintech world of change and how millennials are reshaping banking, from Stripe, started by two brothers who
See Original Article

The New Reason To Pay Off Your Mortgage Now

Many Americans will be taking the new larger standard deduction in 2018 instead of itemizing under the December tax overhaul, so a mortgage interest deduction is worthless. That's a new reason to pay off your mortgage sooner rather than later. Another reason: Retirement security isn't just how much
See Original Article

Brazil bank lending shrinks in February

Lending by Brazil's financial system dropped in February, as companies showed reluctance to take on new debt. Bank loans totaled 3.062tn reais … Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or
See Original Article

AmTrust adds agency sales and service representatives

AmTrust Title Insurance Co. has hired Cheryl H. Klein and Beatrice S. Sykes as agency sales and service representatives for its Mid-Atlantic region, the company announced. Klein and … Prior to joining AmTrust, Klein was vice president, agency resources for WFG National Title Insurance Co. Before that
See Original Article

Urge to Merge, Acquire Roils Real-Estate Fund-Management Business

A market for minority stakes is growing partly because it helps firm principals—by clarifying the firm's current value—develop succession plans “with minimal turbulence,” said Michael Stark, co-head of Park Hill Real Estate Group, a global advisory firm and placement agent. Minority stake holders also
See Original Article

Ex-NATO chief seeks task force to clean up Latvian banking

LONDON (AP) – The former head of NATO has asked the prime minister of Latvia to create an international task force to guide the country in cleaning up its banking sector, which has been rocked by accusations of money laundering and bribery. Anders Fogh Rasmussen, who has also been prime
See Original Article

Good news for housing market as mortgage approvals begin to rise

After a four-year low in mortgage approvals, the numbers have now begun to bounce back, with rises in both first-time buyer mortgages and remortgages recorded last month. UK Finance has reported that both mortgage and remortgage approvals have risen in recent months. New mortgage approvals
See Original Article

Masakin Home Finance Program is not for retirees only

Signing on behalf of the Masakin program, Yasser Abu Ateek, CEO of Dar Al Tamleek, said: “The signing between the PPA and the REDF is a milestone in the nation's home finance market, but, more importantly, a milestone in the advancement of our society, one that is fair, honors hard work, and
See Original Article

Banking Consultant jobs in Cleveland, OH

Today's top 64 Banking Consultant jobs in Cleveland, OH. Leverage your professional network, and get hired. New Banking Consultant jobs added daily.
See Original Article

SRC injects another SR1 billion into Saudi housing finance market

RIYADH — The Saudi Real Estate Refinance Company (SRC) continued its mission of helping develop the mortgage market for consumers with the injection of a notional amount of SR 1 billion with Amlak International. In SRC's first refinancing deal of 2018, the agreement with Amlak includes portfolio
See Original Article

Societe Generale Securities Services to provide securities lending services for Byblos Pension Fund

Societe Generale Securities Services in Italy has been selected as a provider of securities lending services by the Byblos Pension Fund, the Complementary Pension Fund for employees of Graphic, Publishing, Paper and Cardboard, Paper Processing and Paper Converters companies. This new
See Original Article

Talent search: Is it time for new hunting grounds?

Radius' roots were in a trade union-owned bank that fell into difficulty and was taken over by an investor group. While the Massachusetts bank's headquarters are in Boston and it maintains a small branch on the building's first floor, Radius represents a hybrid. Its funds gathering occurs mostly online,
See Original Article

Germany at Odds With France Over Tariffs on US Cars

Germany at Odds With France Over Tariffs on US Cars

Germany is willing to offer the U.S. concessions to stop President Donald Trump from slapping tariffs on European steel and aluminum, exposing a divide with France on how to avert a trade war. Germany is ready to discuss with the European Union in every respect measures to counter the U.S. threat to
See Original Article

Putin's Finger Is on Trigger of Retaliation

Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Russian President Vladimir Putin is suddenly confronting a Western alliance that's united against him after the unprecedented expulsion
See Original Article

Hunt Mortgage Group Finances the Acquisition of a Three-Property Multifamily Portfolio Located in …

NEW YORK, March 27, 2018 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it financed the acquisition of three multifamily properties located in Palm Beach County, Florida. The three Freddie Mac Small Balance Loans
See Original Article

M101's Property Tourism Initiative Brought Together a 120-Porsche Convoy

Property Tourism is a concept coined by M101. As a private sector, the Company is committed to play an active role in promoting Malaysia's properties locally and abroad to enhance Malaysia as a tourism destination through real estate. M101 believes that by highlighting Kuala Lumpur's vibrancy
See Original Article

Term Sheet — Tuesday, March 27

At the Fortune Global Forum Conference in Guangzhou, China, last year, Foxconn CEO Terry Gou noted that he and President Donald Trump met four times to discuss the factory. “When I started my business 43 years ago, the opportunity was given to me by the U.S.,” Gou said at the conference.
See Original Article

PM Minnis opens new BMC housing subdivision as part of new 'urban redevelopment' plan By Matt …

Prime Minister Minnis said BMC has played a vital role in the development of government subdivisions over the years, by financing and building … As an approved lender, the corporation is authorized to make government insured mortgage loans under the provisions of the Housing Act, 1967.
See Original Article

Spy Attack Widens Turkey's Split With NATO Allies Over Russia

As U.S. and European allies form a diplomatic front against Russia, Turkey's coziness with the Kremlin is testing its crucial defense ties with the U.S. and its military alliance with NATO. The U.S., Canada and several European nations expelled more than 100 Russian diplomats on Monday to punish
See Original Article

The Real Data on Entry-Level Home Buying Affordability

A day doesn't go by that we don't see, hear, talk about affordability, or the lack of it, when it comes to housing rents, prices, trends, etc. … in monthly payment calculations and household income growth, and they also note that mortgage financing costs are still rising, which might further expand that gap.
See Original Article

How Facebook Helps Shady Advertisers Pollute the Internet

Around 2009, Gryn moved to Prague to intern at a company called Elephant Orchestra, which specialized in selling ads on misspelled domain names such as facebok.com. Elephant Orchestra was so profitable that its founder, then about 26, produced a feature-length movie about typo domains and got
See Original Article

Apple Needs Schools More Than They Need It

Here's what Apple won't say when it talks Tuesday about its technology in schools: The company lost, and it will be tough to turn around its fortunes. Apple Inc. plans on Tuesday to introduce a new lower-cost iPad and software tailored for schools. Apple has a long history in the education market with its
See Original Article

DBS looking to hire 100 techies, again via hackathon

Last year, the bank recruited developers, data scientists and system engineers through the Hack2Hire programme. This year, it is not only hiring for these roles, but also looking to add scrum masters, user interface and user experience designers, mobile application developers, and solution architects,
See Original Article

Data Sheet—Cisco Sees What Many Overlook: A Growing Tide of Homelessness in Silicon Valley

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. It is bonkers that the county at the heart of Silicon Valley has 7,400 homeless people. That's right. The fabled plot of land from San Jose to Palo Alto connected by the
See Original Article

Six Flags works out new lending terms with banks

Six Flags Entertainment (NYSE:SIX) announces that it scored a reduction to the borrowing rate on its $545M term loan B credit facility. The overall borrowing rate was reduced from a rate of LIBOR +2.0% to LIBOR +1.75%. In conjunction with the repricing, the company intends to increase the size of its
See Original Article

Health on instalment

Acting quickly, President Franklin D Roosevelt arranged for the creation of the Home Owners' Loan Corporation, a private entity that began swapping bonds for bank mortgages. Because the government's newly minted Federal Housing Administration (FHA) insured the corporation, bond investors could
See Original Article

Cisco Attacks Homeless Problem In Its Backyard

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. It is bonkers that the county at the heart of Silicon Valley has 7,400 homeless people. That's right. The fabled plot of land from San Jose to Palo Alto connected by the 101 freeway and Interstate 280 has
See Original Article

BBVA-Funded Denizen Becomes World's First Global Banking Account

“Denizen is on a mission to simplify banking for global citizens. By delivering the world's first truly borderless account, we make it easy for anyone to access the financial system from anywhere, then carry it with them as they move for work or travel.” This is the first product in a planned series of Denizen
See Original Article

Masthaven aims for 'substantial' short-term lending growth in 2018

The lender's short-term lending division – which currently consists of a 30-strong team – is looking to take on an extra 10 staff this year to help it to achieve its growth plans. Masthaven also launched its new Bridging Plus products for loans over £750,000 in February. James Bloom, managing director of
See Original Article

Identillect Launches Blockchain Marketing Campaign for Real-Estate and Escrow to combat wire …

(the “Company” or “Identillect”) (TSX-V:ID) (OTCQB:IDTLF) (Frankfurt:8ID), a trusted leading provider of compliant email security and wire fraud prevention, announced today the launch of a multi-faceted digital campaign to the Real-Estate and Escrow community utilizing the real-estate marketing
See Original Article

KeyStoneB2B Offers Mortgage Lenders More Affordable Tax Return and Income Verification to …

MOUNT LAUREL, N.J.–(BUSINESS WIRE)–KeyStoneB2B, the fintech solution that delivers competitive advantages for financial services leaders, today announces new income verification services with volume discounts thanks to a wide-ranging network of providers. KeyStoneB2B streamlines the
See Original Article

JLL Spark acquires real estate asset management company Stessa

Its mission, according to the company, is to transform the real estate industry through technology-based innovation. JLL has structured JLL Spark, which is led by Silicon Valley entrepreneurs Mihir Shah and Yishai Lerner, to operate independently and without the typical constraints of most corporate
See Original Article

Morning Brief: GSK pays $13B for Novartis's stake in consumer-health care venture

Morning Brief: GSK pays $13B for Novartis's stake in consumer-health care venture

Last year, 37% of mortgage-origination volume was because of refinancings, according to industry research group Inside Mortgage Finance. That is the smallest proportion since 1995, and the number of refinancings is widely expected to shrink again this year. In 2012, refinancings were 72% of
See Original Article

Citigroup names new APAC head of corporate, investment banking

HONG KONG, March 27 (Reuters) – Citigroup Inc has named its global co-head for technology investment banking, Jan Metzger, as its new Asia Pacific head of corporate and investment banking (CIB), according to an internal memo seen by Reuters on Tuesday. Metzger, who takes up his new role on
See Original Article

Loans for older manufactured housing (how to buy a mobile home)

Manufactured homes must have “HUD tags” to meet most mortgage guidelines. These tags, or more properly, certifications, state that the manufacturer complies with safety standards created by the Department of Housing and urban Development, or HUD. An unsafely-constructed home can't get a HUD
See Original Article

The Financial Crisis Isn't Over for Students

The financial crisis and the bursting of the housing bubble are now a decade behind us. But at least one consequence persists: a pile of student loans. Those loans, and the government's relentless efforts to collect on them, continue to haunt Americans years after names like Lehman Brothers and Bear
See Original Article

AG Mortgage Investment Trust, Inc. (MITT) to pay $0.48 on Apr 30, 2018; Telaria (TLRA) Sellers …

AG Mortgage Investment Trust, Inc. (NYSE:MITT) has risen 37.46% since March 27, 2017 and is uptrending. It has outperformed by 20.76% the S&P500. Telaria, Inc. provides online video advertising services for buyers and sellers of video advertisements in the United States. The company has market
See Original Article

Peninsula home sales keep momentum as supply decreases

… market that month compared with February 2017, according to the latest report. The number of homes on the market dropped from 2,921 to 2,656 while the number of home sales rose from 357 to 388 comparing February 2017 to February 2018, according to the latest Real Estate Information Network
See Original Article

Foxconn wants to create 'global consumer electronics leader' by buying Belkin, Linksys and Wemo …

If the US Committee on Foreign Investment allows it, which is by no means a guarantee, Foxconn will buy Belkin International in exchange for approximately US$866 million in cash. Specifically, Foxconn Interconnect Technology Limited (FIT), a subsidiary of Hon Hai Precision Industry Co., Ltd.,
See Original Article

Next Century Growth Investors LLC Sells 92287 Shares of Titan International Inc (NYSE:TWI)

Titan International logo Next Century Growth Investors LLC lessened its position in Titan International Inc (NYSE:TWI) by 36.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 164,324 shares of the industrial products company's
See Original Article

Deutsche Börse and HQLAX partner

Deutsche Börse and HQLAX has partnered for the creation of a securities lending solution using the R3 Corda blockchain platform. The partnership between Deutsche Börse and HQLAX is expected to foster market adoption by enabling connectivity with HQLAX, for both trade execution and post-trade
See Original Article

Robert Kraft 'didn't hesitate a minute' when lending plane to Parkland students

Robert Kraft 'didn't hesitate a minute' when lending plane to Parkland students. When retired astronaut Mark Kelly called Kraft to ask for a plane to take wounded kids to their families, he didn't hesitate to help. Author: Mike Jones, USA TODAY Sports. Published: 7:32 AM EDT March 27, 2018. Updated:
See Original Article

M-REITs Sold Off Prior to US Interest Rate Hike

Investors sold a significant amount of shares in nine out of 18 Malaysia-listed real estate investment trusts (M-REITs) on Wednesday (21 March) that led to a decline in their unit prices, reported The … For the latest property news, trends, resources and expert opinions, visit our Property News section.
See Original Article

Better Homes and Gardens Real Estate Gary Greene Earns Top-Producing Award of 2017

HOUSTON, March 27, 2018 /PRNewswire/ — Better Homes and Gardens® Real Estate Gary Greene (“Gary Greene” or the “Company”), Houston's longest-standing real estate firm, has been recognized as Better Homes and Gardens Real Estate's top-producing independent brokerage of 2017 for both
See Original Article

The Advantages Of Investing In Real Estate For Big Tax Savings In 2018

Some of these give real estate investors great advantages in building wealth and passive income and keeping tax liabilities down. For those already feeling the pressure of filing income taxes and who may be cringing in anticipation of meeting with their accountants, there is hope — especially for those
See Original Article

Alipay offers some lessons on open banking

Banking transactional data, by contrast, is all about knowing where, when and on what consumers have decided to spend their money. The process of prizing open that treasure trove of personal data is likely to be fraught. As bankers huddled at the conference, all the talk was of the collapsing share
See Original Article

JLL Spark Acquires Real Estate SaaS Company Stessa

Today JLL Spark has announced that it has acquired Stessa, a software-as-a-service real estate technology company that allows income property investors to track, manage and communicate portfolio performance. This is JLL Spark's first strategic acquisition. Led by Silicon Valley entrepreneurs and
See Original Article

Foxconn buys out belkin International for $866mn

Taiwan's Foxconn will acquire the Belkin, Linksys and Wemo brands after buying out Belkin International in a merger worth $US866m. … stock exchange, Foxconn subsidiary FIT Hon Teng Limited said it had entered into an agreement with Belkin International and its founder/CEO Chester (Chet) Pipkin
See Original Article

London's housing market shows more signs of a downturn

LONDON (March 27): A Hometrack report provided further signs that London's long housing boom is coming to an end. Prices across the capital will start falling by mid-year, the research company predicted, just two weeks after Acadata said values are already dropping at the fastest pace since the
See Original Article

Stewart Information Services Co. (NYSE:STC) Holdings Raised by Rhumbline Advisers

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is
See Original Article

Several banks in Chile are being accused of denying cryptocurrency exchanges banking services

Cryptocurrency exchanges in Chile are up in arms after being denied services by banks. The exchanges have called on the banking association of the country to issue a statement on their stand about cryptocurrencies. The exchanges are fighting to be allowed to open accounts to serve people who are
See Original Article

GlaxoSmithKline Is Buying Out Novartis's Share in Their Consumer Health Joint Venture

The British pharma giant GlaxoSmithKline has had a consumer health joint venture with Switzerland's Novartis for the last few years. However, GSK has just struck a $13 billion deal with its partner to take control of the whole thing. The joint venture sells products such as Nicotinell nicotine patches,
See Original Article

Queensland pulls national new home sales lower in February with 16pc drop, HIA says

Queensland pulls national new home sales lower in February with 16pc drop, HIA says

Separate figures published by planning consultancy Urbis on Tuesday showed activity in Australia's capital city apartment markets tumbled dramatically last year as developers launched just 128 projects, compared with 248 in 2016. “The Australian housing market continues to rebalance,” CommSec
See Original Article

New Zealand family win damages against landlord for 'retaliatory'

TO PROVE their landlord acted unfairly, an evicted couple launched a sting operation, secretly recording her giving them a bad reference.
See Original Article

How Edward Jones Keeps Its Employees Happy to Come to Work

My organization, Great Place to Work, just published the list of these top organizations with our partner, FORTUNE. And one feature that stands out about leading companies in the industry is their willingness and ability to engage in what we call “Innovation By All.” Innovation By All refers to tapping the
See Original Article

Bulldogs banking on youth and experience for 2018

Please log in, or sign up for a new account and purchase a subscription to continue reading. Log In Purchase a Subscription. FULL-TIME ONLINE ACCESS. Get complete access to all of the news and special sections included in the bi-weekly print editions, plus additional online-only features like
See Original Article

Insider Buying: Taptica International Ltd (TAP) Insider Acquires 42250 Shares of Stock

FinnCap reiterated a “corporate” rating and issued a GBX 550 ($7.60) price target on shares of Taptica International in a research note on Friday, January 19th. Berenberg Bank increased their price target on Taptica International from GBX 560 ($7.74) to GBX 600 ($8.29) and gave the stock a “buy” rating
See Original Article

ICE Reportedly Uses Facebook Data to Track Suspected Illegal Immigrants

The U.S. Immigration and Customs Enforcement (ICE) has relied on Facebook data to find and track immigrants suspected of being in the U.S. illegally, according to a new report by The Intercept. The report tells of one instance in which ICE used backend Facebook data to determine when the account of
See Original Article

Mortgage approvals up 5pc year-on-year

However, we still look for over €10bn in new mortgage approvals in 2018, and drawdowns of around €9.1bn,” Mr Callan said. Meanwhile almost 800 new housing units were completed in February this year, representing a 38pc increase year-on-year, according to the latest Goodbody Housebuilding
See Original Article

Eurozone lending to firms slows in February: ECB

Overall, lending to the private sector expanded by 3.0 percent last month, the ECB said, down from 3.3 percent in January. Credit growth is a closely-watched indicator for the ECB to measure the impact of its easy-money policies, designed to bolster growth and push inflation towards its goal of just under
See Original Article

This analyst says Mortgage Choice Limited and Starpharma Holdings Ltd are a sell

The S&P/ASX 200 is in recovery mode today as the US market experienced a stock surge to close off March 26 trading which saw the index at home up 32.4 points at the time of writing. But irrespective of overall market movements, Fairmont Equities managing director Michael Gable has two stocks on
See Original Article

Bainco International Investors Has $8.83 Million Holdings in Fortive Corp (FTV)

Fortive logo Bainco International Investors increased its position in Fortive Corp (NYSE:FTV) by 4.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 119,159 shares of the technology company's stock after acquiring an additional 4,805 shares during
See Original Article

Mortgage approvals rise by 5% in February

The number of mortgage approvals rose 5% in February when compared to the same month of last year, according to the latest Banking and Payments Federation Ireland figures. The value of approvals rose by 11.1% on an annual basis. A total of 3,137 approvals were granted during the month, which
See Original Article

Real Estate & Land Use Institute

Moving Forward… The New Real Estate Market. The Real Estate & Land Use Institute (RELUI), located in the Mihaylo College of Business and Economics, is part of the 23-campus California State University System's applied research and professional education center for real estate and urban land use.
See Original Article

iPhone manufacturer Foxconn is buying Belkin, Linksys, and Wemo for $866 million in cash

The company announced in a joint company release with Belkin International, Inc. (Belkin®, Linksys®, Wemo®, Phyn® brands) yesterday, the signing of a definitive agreement under which FIT agreed to acquire Belkin International for approximately US$866 million in cash, creating a global consumer
See Original Article

HSBC ends fixed-rate mortgage in Hong Kong a week after Fed's rate rise

Last week, mReferral Mortgage Brokerage Services offered buyers of VCC Land's serviced flats, The Lodge, a 30-year mortgage at a fixed rate of 1.68 per cent in the first year, followed by 2.15 per cent in the second year and 1.3 percentage points above the Hong Kong Interbank Offered Rate (Hibor) for
See Original Article

Delhi-based SME lending startup Cash Suvidha raises $1M in pre-Series A funding

Delhi-based lending startup Cash Suvidha on Tuesday announced that it has raised $1 milion as a part of its pre-Series A funding from Initia Holdings Ltd., Vipin Agarwal, Partner in India Industrial Growth Fund and others. According to the company, the new funds will be used to increase the loan books
See Original Article

Citigroup names new APAC head of corporate, investment banking: memo

HONG KONG (Reuters) – Citigroup Inc has named its global co-head for technology investment banking, Jan Metzger, as its new Asia Pacific head of corporate and investment banking (CIB), according to an internal memo seen by Reuters on Tuesday. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at
See Original Article

Australian direct-lending market set to keep growing

Direct lending and private debt can offer better returns than equities as an institutional asset class, giving investors access to a growing alternative debt market with attractive risk profiles, the local head of Intermediate Capital Group says. Matthew Turner, head of ICG's senior debt team in Australia and
See Original Article

Texas Mortgage Bankers Association Appoints New Board Member Dustin Pfluger

DALLAS, March 27, 2018 /PRNewswire/ — BKM Sowan Horan, LLP is pleased to announce the appointment of partner Dustin Pfluger to the Board of Directors of the Texas Mortgage Bankers Association (TMBA) effective February 1, 2018. Pfluger has been involved in the Mortgage Banking industry for
See Original Article

Safety, cultural sensitivity on Lynn superintendent shopping list

Thomas Grillo Thomas Grillo is an award-winning business reporter who has worked at Boston's major newspapers covering real estate trends such as the emergence of Assembly Square in Somerville and chronicling the growth of Boston's Seaport District. In Lynn, Thomas covers City Hall and
See Original Article

BC targets those who treat "housing market like a stock market"

The British Columbia finance minister said Monday that those who speculate on the province's housing market and drive up prices are in its sights. Building on the announcement made in the provincial budget, Carole James confirmed details of the speculation tax and said that most BC homeowners will
See Original Article

S. Korea's lending rates keep rising faster than deposit rates

S. Korea's lending rates keep rising faster than deposit rates

SEOUL, March 27 (Xinhua) — South Korea's lending rates by financial institutions kept rising faster than deposit rates, increasing burden for households to repay debts, central bank data showed Tuesday. The weighted average lending rate by financial institutions, including banks and deposit takers,
See Original Article

Peoples Trust Company of Saint Albans picks Finastra's Total Lending solution

Peoples Trust Company of Saint Albans, USA, has selected Finastra to provide a single, end-to-end lending solution for commercial and consumer lending. Using Finastra's Total Lending solution, which packages the power of the Fusion LaserPro, Fusion DecisionPro and Fusion CreditQuest products,
See Original Article

Advice for homebuyers on mortgage rates

Some tips to guide your strategy: research your location of choice, know what you can afford and get pre-approval for a mortgage from your financial institution. Having a strong relationship with a lender you trust is key. They'll be able to provide you with guidance, a pre-approved mortgage and the
See Original Article

Pay More to Pay Less: Mortgage Tip! (Why you Should Overpay Your Mortgage?)

The idea of overpaying mortgage may seem detrimental in the beginning but after analyzing it in detail, it can make a lot of sense. Many people consider investing the money somewhere else rather than overpaying their mortgages without assessing their short-term and long-term needs. However
See Original Article

Did three-month fix cost me access to a tracker mortgage?

I took out my mortgage in December 2006. I had the choice of tracker, fixed or variable. I choose fixed. I was then put straight on to a variable rate when the fixed term finished in March 2007. I got a top-up which was put on a tracker. Should I have been given the option of a tracker for the first part of the
See Original Article

Dynex Capital (DX) vs. AG Mortgage Investment (MITT) Head to Head Survey

AG Mortgage Investment (NYSE: MITT) and Dynex Capital (NYSE:DX) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, dividends, profitability, risk, earnings, analyst recommendations and
See Original Article

Ghost Restaurants And The Impact On Commercial Real Estate

The idea is that ghost restaurants can offset the costs of a delivery service with less expensive real estate and operations. They don't need prime space in trendy neighborhoods to draw foot traffic, so they can open a virtual kitchen in any neighborhood – as long as the delivery service can easily get to
See Original Article

Bank lending to eurozone businesses easing: ECB

FRANKFURT–Bank lending to eurozone businesses eased in February, but remained close to a multi-year high, according to data from the European Central Bank on Tuesday. Lending to non-financial corporations grew 3.1% on year following 3.4% growth in January, when lending expanded at the
See Original Article

Banking stocks gain for second session on govt's lower borrowing programme

Corporation Bank rose 5.5%, IDBI Bank 3.3%, Bank of Baroda 2.9%, Oriental Bank of Commerce 2.2%, Union Bank of India 2%, Allahabad Bank 2%, Indian Bank 2%, Syndicate Bank 1.9%, Bank of India 1.9%, Punjab National Bank 1.8%, Andhra Bank 1.6% and State Bank of India was up 1.5%.
See Original Article

PGIM Real Estate names Greg Kane head of European Investment Research

Kane's promotion reflects his depth of research experience and his insight into the trends that drive real estate markets. As head of European Investment Research, he will further enhance PGIM Real Estate's research capability and strengthen its ability to continually deliver innovative, market-leading
See Original Article

Taking Advantage of New Tax Laws Will Require Structuring Your Business the Right Way

They include several major changes affecting real estate investment. In general, these changes are beneficial to real estate professionals and investors. To reap the maximum benefits, however, it's important to understand how best to structure your business in light of these new provisions of the law.
See Original Article

Goldman Says There's No Need to Worry About Slowing Global Growth

Goldman's economists indicated they're sticking with their forecast for four Federal Reserve interest-rate hikes in 2018 and four more in 2019, a view that “remains clearly hawkish relative to market pricing, although the difference relative to the Fed's view is now just one of timing.” A tool Goldman Sachs
See Original Article

Regional Lending Spec SAFE Act

Learn more about applying for Regional Lending Spec SAFE Act at CITI.
See Original Article

House prices fall in 42% of London postcodes, as cities in the Midlands and North see a mini …

House prices are falling in 42 per cent of London's postcodes and are tipped to fall across the capital by summer, according to a new report today. But while the capital just about kept its head above water with annual house price growth of 1 per cent, cities in the Midlands and North are see a
See Original Article

Westpac unveils new lending strategies for foreign residential property buyers

New visas will make it easier for some temporary residents to buy Australian property. James Alcock. Duncan Hughes AFR Woodcut. Share on twitter. by Duncan Hughes. Westpac has eased its restrictions on residential lending to foreign buyers of property. The nation's second-largest mortgage lender
See Original Article

She hasn't even owned her home for a month, but might have to sell because of BC's speculation tax

The provincial government's new real estate speculation tax is designed to tackle the ongoing housing affordability crisis but as Keith Baldrey reports, critics say it unfairly … She is hoping for more clarity from the NDP so she can make a decision on whether to put her new home back on the market.
See Original Article

How Airlines Are Doubling Down on Comfort to Woo Business Travelers

In 1944, Jean-Paul Sartre wrote that hell is other people, a maxim that perhaps most accurately describes the current state of commercial air travel, what with the long lines for security, overbooked flights, questionable “emotional support” animals, and the guy in 14F who can't keep his elbows to himself.
See Original Article

Nigeria: Govt Mulls Private Sector Partnership On National Housing

The Federal Government has said it will continue to encourage the organized private sector and development partners in Nigeria and abroad to invest in the country's housing market in view of its viable and enormous potential. The Minister of State for Power, Works and Housing, Mr. Suleiman Zarma
See Original Article

Global SaaS Mortgage Software Market 2018 – Ellie Mae, Black Knight Financial Services, Inc., D+ …

Global SaaS Mortgage Software Market report encompasses the overall and comprehensive study of the SaaS Mortgage Software market with all its aspects influencing the growth of the market. This report is rooted on the detailed quantitative and qualitative analyses of the global SaaS Mortgage
See Original Article

Tokyo's investment with Kushner real estate group stays below the radar

You could call it “Japanese Prime Minister Shinzo Abe and the tale of two real-estate deals.” At home, Abe appears to be doing everything he can to hold onto power by fending off and defusing the opposition's campaign to bring clarity to a series of disturbing and perhaps corrupt practices surrounding
See Original Article

Ekeza Sacco at the center of real estate scam folds

Ekeza Sacco at the center of real estate scam folds

NAIROBI, KENYA: A savings and credit co-operative society at the centre of a housing scandal last year has been deregistered. The announcement on Ekeza Sacco's licence being revoked was made on Friday by Commissioner for Co-operative Development Mary Mungai. In a gazette notice, Ms
See Original Article

Clever Lending to hold specialist finance forums

Clever Lending has launched three specialist finance forums including Robert Sinclair, chief executive of the Association of Mortgage Intermediaries (AMI), as a keynote speaker. The master broker has organised these specialist events as they have seen a growing demand from brokers seeking help
See Original Article

Investment Grade Companies Predicted to Sell More Real Estate

NEW YORK CITY—In the last few years corporate debt has been very cheap. “With investment grade credit rating, you could call up Goldman and Barclay's and raise very cheap corporate debt and bonds with limitless amounts of debt out there,” says Glen. D Kunofsky, executive managing director
See Original Article

Sweden Finds It Left Some Holes in Its World-Beating Bank Rules

Sweden's mortgage market is dominated by four banks (Swedbank, Handelsbanken, Nordea and SEB), which control three-quarters of all home loans. A decade ago, their market share was just above 80 percent.
See Original Article

Uber's India Doom Written in the Stars

Note to self: gotta work on my haircut … pic.twitter.com/K8eliu0aa9. — dara khosrowshahi (@dkhos) … will join Grab's board. Since the negotiations earlier this month were said to be for a stake in the high teens or 20 percent, according to a Bloomberg News report, Uber appears to have done pretty well.
See Original Article

RoundPoint Mortgage Servicing partners with Illinois' largest nonprofit mortgage lender

Neighborhood Lending Services, Illinois' largest nonprofit mortgage lender, is an affiliate of Neighborhood Housing Services of Chicago, a nonprofit neighborhood revitalization organization that provides homeownership education classes and fixed-rate loans to purchase, refinance or rehab. Over the
See Original Article

New Tax Law May Encourage Home Rentals

Say you have a $1 million mortgage on a home you bought in 2018 on which you pay $60,000 interest annually. Only interest on loan amounts up to $750,000 is deductible, so you can only deduct 75% of that $60,000 as an itemized deduction on Schedule A, or $45,000. If you rent the home for three
See Original Article

Blair Returns to Brexit Debate as Calls for New Referendum Grow

Former U.K. Prime Minister Tony Blair makes another intervention in the Brexit debate on Monday with a renewed call for a second referendum on leaving the European Union. In a speech to be delivered in London, Blair says Parliament should get to vote on the planned future relationship with the EU
See Original Article

Echo of Run-Up to '87 Market Meltdown Seen in US-China Tension

History redux? The surging tension over trade between the U.S. and China has prompted comparisons to American combativeness toward Japan that preceded the 1987 equity meltdown — at least, in the mind of veteran market analyst Hao Hong. While Hong, head of research with Bocom International
See Original Article

Bogus real-estate agents on prowl

Residents of Little Falls are being warned of bogus estate agents targeting posh homes currently on the market. This warning was issued by SRT Security after they shared a photo of two women using the same car caught on camera approaching a property. The vehicle's visible registration plate could
See Original Article

Youth Games 2018 basketball gets underway Tuesday

On Tuesday, Colegio San Agustin plays St. John's at 6 p.m., Fortune Realty plays the Tiyan Titans at 7:15 p.m. and Tiyan plays St. John's at 8:30 p.m. On Wednesday, Fortune Realty plays Colegio San Agustin at 10:45 a.m., Tiyan plays St. John's at noon and Tiyan plays Colegio San Agustin at 1:15 p.m..
See Original Article

DIB introduces country's first customer-determined rate mortgage product

… property as well as the borrower, with an option to extend the coverage to their family, home contents, home assistance as well as the availability of an education fund. Being the largest home finance provider in the country, DIB boasts this to be the most compelling mortgage proposition in the market.
See Original Article

Fishing village builds fortune from lobsters

Lobster farming has been practiced for more than 20 years in Song Cau town, the central coastal province of Phu Yen. Lobsters have helped the local people escape poverty and even earn big for their living. Being sold at 90USD per kilo, lobsters have brought a facelift to V​inh H​oa fishing village in
See Original Article

The rise and rise of Blackstone in India

Bengaluru: Private equity firm Blackstone Group Lp has strengthened its real estate investment portfolio in India and is set to cross the $5 billion mark across different asset classes including office, shopping malls and residential. Last week, it signed a definitive agreement with Indiabulls Real Estate Ltd
See Original Article

Banking royal commission could trigger a credit crunch: UBS

The first round of the banking royal commission held nastier shocks than most expected and the regulatory response could land a significant blow to the … As regulators push banks to more thoroughly assess mortgage and credit applications, either a “credit tightening” scenario will play out, or a full
See Original Article

Triton International (TRTN) Upgraded to “Buy” at Zacks Investment Research

Triton International logo Triton International (NYSE:TRTN) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Thursday, March 1st. The firm currently has a $33.00 price objective on the stock. Zacks Investment Research's target price indicates a
See Original Article

UOB launches online travel marketplace

UNITED Overseas Bank (UOB) has launched an online travel platform that makes it easier for its customers to search, plan and book their holidays. Working with online travel giants Agoda and Expedia, UOB said that it is the first bank in South-east Asia to have an online travel marketplace. UOB uses
See Original Article

Canberra housing market a low-risk investment option

A research company has claimed the nation's capital city offers solid long-term growth and rental returns, while also being a low-risk option. According to RiskWise Property Research, Canberra's housing capital growth of 10 per cent over the last year and 23 per cent over the last five years should be
See Original Article

A dubious first: PNB is just 5 days away from getting a defaulter tag

The government and the Reserve Bank of India (RBI) may have to step in to avoid an unprecedented event in Indian banking. Close to Rs 1,000 crore of Union Bank of India's exposure on account of letters of undertakings (LoUs) issued by Punjab National Bank is due in the next few days.
See Original Article

FG mulls private sector partnership on national housing

FG mulls private sector partnership on national housing. By Mulikatu … The Federal Government has said it will continue to encourage the organized private sector and development partners in Nigeria and abroad to invest in the country's housing market in view of its viable and enormous potential.
See Original Article

Yorkshire Asset Based Lending Dinner hailed

Yorkshire Asset Based Lending Dinner hailed

The Yorkshire Asset Based Lending Dinner 2018 has been hailed as a tremendous success after the event raised thousands of pounds for Yorkshire Cancer Research. More than 400 attendees included representatives of asset finance companies, law firms, corporate financiers and surveyors enjoyed
See Original Article

US Recession May Come Just in Time for Trump's Reelection Bid

A recession — or more accurately, the anticipation of one — is often the trigger for bear markets in stocks. Economy watchers admit they don't have a great track record predicting downturns. Forecasting a recession in 2020 is a “mug's game,” given all the uncertainties involved, said Krishna Guha, vice
See Original Article

Man who drowned at Highcliffe was worried about his mortgage

A MAN who drowned in the sea near Highcliffe was worried about a mortgage, an inquest heard. Alfred Frank Oakley, known to friends and family as Frank or Frankie, was found dead on the beach near Highcliffe Castle on the morning of December 10 last year. The 89-year-old's body was discovered
See Original Article

Richard A. Higginbotham Acquires 10000 Shares of TPG Specialty Lending Inc (NYSE:TSLX) Stock

TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) Director Richard A. Higginbotham bought 10,000 shares of the business's stock in a transaction on Wednesday, February 28th. The shares were bought at an average price of $18.32 per share, for a total transaction of $183,200.00.
See Original Article

Why Raiffeisen Bank International AG (VIE:RBI) Could Be A Buy

Let's talk about the popular Raiffeisen Bank International AG (WBAG:RBI). The company's shares saw significant share price volatility over the past couple of months on the WBAG, rising to the highs of €35.32 and falling to the lows of €29.98. This high level of volatility gives investors the opportunity to
See Original Article

Don't let an interest-only timebomb hit your home: How one in five borrowers are at risk from …

This type of loan was popular in the early Noughties, as they kept monthly repayments low. Unlike a traditional repayment mortgage, you have only to pay the interest each month. The idea is that you then save enough money via another vehicle over the course of the loan to clear the original debt in one
See Original Article

Deutsche Börse Group And HQLAX Partner To Build Securities Lending Solution On The R3 Corda …

The securities lending market has long played an important role in high quality liquid assets portfolio management. However, incumbent operational bottlenecks across a fragmented global securities settlement system impede collateral fluidity, increase costs and risks, and result in sub-optimal financial
See Original Article

Malaysia Seeks Prison Term to Fight Fake News Ahead of Election

The portal is aimed at battling the opposition coalition and fake news, which he said damaged the ruling party's campaign in the 2013 general election. He cited rumors of power outages at voting booths and the suggestion that some votes were therefore not counted in the previous ballot. His alliance
See Original Article

Zephyr Real Estate's State of the Company Address: Outlook Is Bright

SAN FRANCISCO, March 26, 2018 (GLOBE NEWSWIRE) — Last week, Randall Kostick, President and Chief Executive Officer, and Matthew Borland, Chief Operating Officer, presented the annual State of the Company address for Zephyr Real Estate. Together, they recapped a very successful 2017 with
See Original Article

TD Bank Names John J. Lim Business Development Officer in Asset Based Lending for Upper Mid …

NEW YORK, N.Y. (March 26, 2018) – TD Bank, America's Most Convenient Bank®, has named John J. Lim as Senior Vice President, Business Development Officer in Asset Based Lending. Based in New York City, he is responsible for delivering ABL financing solutions to new and existing middle
See Original Article

ISAs 2018: Innovative Finance Isas now offer a real alternative for savers

The IFISA, as it is also called, offers eye-catching returns ranging from 4 to more than 10 per cent, which you get from lending your money to people or businesses. This allows you to invest in the expanding peer-to-peer (P2P) lending market, while taking your returns free of tax through your Isa wrapper.
See Original Article

Market Live: Sensex, Nifty trade flat, banking stocks top gainers

BSE MidCap and SmallCap were also down 0.28% and 0.32%, respectively. Among the sectoral indices, consumer durables, realty, bankex and capital goods traded higher, whereas oil and gas, utilities, basic materials and IT traded lower. SBI, ICICI Bank, IndusInd Bank and L&T were top gainers,
See Original Article

submit a request form


See Original Article

Wells Fargo Securities appoints 2 to head mortgage finance group

“The mortgage finance group extends financing and provides capital markets advice to originators, servicers, and investors active in the residential sector,” Pink said. “Under the leadership and guidance of Kavour and Llodra — and with their combined expertise across banking, structuring, and trading
See Original Article

How To Dress For Work Without Spending A Fortune – And Still Feel Like Yourself

What is considered 'workplace appropriate' clothing varies from job and person. Even things confidently stated as universal 'don'ts' – flip-flops, bra-straps, shorts, clothing involving cut-outs – might be perfectly fine in some offices, while in others, open shirt necks or bare legs can prompt raised eyebrows.
See Original Article

Newfi Lending launches program to respond to tight housing market

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user
See Original Article

Mortgage rates tick up after Fed rate hike

Mortgage rates edged up during the week ending March 22, showing little change after slipping for the first time in 2018 in the prior period, according to the Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage averaged 4.45%, with an average 0.5 point, up from
See Original Article

Briefcase

The New Mexico Mortgage Lenders Association has elected new officers and directors for 2018. New officers are Suzie Nance – Gateway Mortgage Group, president; Aaron Thompson — Legacy Mortgage, president-elect; Vincent Smith — Nusenda Credit Union, past president; and Angela Muxworthy
See Original Article

Where are the New Mortgage Competitors?

The process of mortgage industry disruption has already begun. For example, nonbank lenders—loan originators who sell mortgages but have no deposits, ATMs or tellers—are challenging traditional lenders. The Washington Post pointed out recently that in 2011, half of all new mortgages came from
See Original Article

Resolutions of the Ordinary General Shareholders meeting of INVL Baltic Real Estate

Resolutions of the Ordinary General Shareholders meeting of INVL Baltic Real Estate … Shareholders of the special closed-ended type real estate investment company INVL Baltic Real Estate are presented with the consolidated annual report of Baltic Real Estate for 2017 (there is no voting on this issue
See Original Article