Delinquencies on mobile home loans have increased by two percentage points over the past year, according to research cited by UBS. The rising delinquency rate, when combined with other areas of the consumer finance market showing signs of stress, suggests that there's a two-speed economy.
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StepStone Real Estate said April 3 that it has completed its buy of Courtland Partners Ltd, which was announced in December. Financial terms weren't announced. With the deal, StepStone Real Estate manages approximately $100 billion of capital allocations from institutional investors.
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You're not truly a Bitcoin millionaire until you've sold off some virtual currency to buy yourself a Lamborghini. That's the latest takeaway from a popular meme in the cryptocurrency world called âWhen Lambo.â It refers to the point at which a Bitcoin owner has built enough of a Bitcoin stockpile to buy a
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Angel Oak Mortgage Solutions has announced the addition of four new Account Executives to help brokers grow their business, including: Alonzo Johnson in Los Angeles; Tom Self in Seattle; Jared Warlick in Fort Myers, Fla.; and Oscar Ungo on the inside sales team. âWith each month, we are finding
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JUST as the changing scenarios on the South China Sea mesmerized the world just a few years ago, the last few months have seen a flurry of primarily diplomatic activities and âdevelopmentsâ at and beyond the Korean Peninsula. This began with the âpositiveâ (if that adjective can ever be attached
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Investors Title (NASDAQ: ITIC) and Argo Group International (NASDAQ:AGII) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, analyst recommendations, dividends
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During the Policy and Regulation Update panel that followed, Yvette Gilmore, VP, Servicer Relationship and Performance Management at Freddie Mac, addressed the lessons learned from last year's barrage of natural disasters, including hurricanes that swept over Texas, Florida, and Puerto Rico,
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A Dutch lawyer who lied about his contacts with a top Trump campaign official and a reputed Russian spy was ordered Tuesday to serve 30 days in prison, becoming the first person sentenced in Special Counsel Robert Mueller's sprawling investigation. Alex van der Zwaan, 33, a former associate at
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The story is one of several fascinating discoveries on Opioid Watch, a site curated by Roger Parloff, who for years was a senior writer at FORTUNE and one of the most gifted reporters to have graced these halls. The site also offers breaking news and up-to-date stats on this topic as well as current status
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New Delhi-based SME lending startup Namaste Credit has raised $3.8 Mn in Series A round of funding from Nexus Venture Partners. The startup plans to use the funding to grow its geographic footprint, continue to enhance its technology and data analytics platform and further scale its businesses.
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A PRIL 3, 2018, SALT LAKE CITY âElevated Title is pleased to announce its new partnership with Pavaso, a digital closing platform that allows title companies to electronically close on mortgage loans. Elevated Title used the new platform to close on its first hybrid loan with Intercap Lending, a national
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At the same time, the number of applications for purchase of elite real estate from Russians living abroad has also risen sharply. In the fourth quarter of 2017, their number increased by 32%, although there was decrease in this number in the beginning of the year. Metrium explains this increase with
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Buyers, who have noticed that home prices are no longer climbing as sharply as they have been, are realizing they can afford to be picky. Rising borrowing costs and new federal limits on tax deductions for mortgage interest and state and local levies also are making homeownership more expensive,
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The company forecasts an increase of 4.7 percent in national home prices from February 2018 to February 2019 and no appreciable increase from February … CoreLogic's President and CEO Frank Martell said, “Family income is rising more slowly than home prices and mortgage rates, meaning that the
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Tom McGee , Contributor I cover retail real estate and how the industry impacts communities Opinions expressed by Forbes Contributors are their own. Watching the evolution of physical retail has been inspiring. Retail centers are defying the skeptics and continuing to reconfigure themselves as
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Mortgage companies are just what they sound like: companies that specialize in mortgages. While banks and credit unions offer mortgages, they also offer many other financial products and services. Mortgage companies focus mainly on processing mortgage applications and getting the funding for
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WASHINGTON â The dominant player in manufactured housing, Clayton Homes, is supporting the Department of Housing and Urban Development's review of construction and safety standards on manufactured homes. In a sign that it was considering easing standards to boost manufactured housing
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… head-scratching moves in financial markets this year, there are few that have surprised investors quite as much as the rally in defaulted Puerto Rico … the $3.9 trillion municipal market, they've gained more than any other dollar-denominated debt in the world, according to data compiled by Bloomberg.
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Argo Group International (NASDAQ: AGII) and Investors Title (NASDAQ:ITIC) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations
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People gather in front of the landmark Trevi Fountain after its 2015 restoration in Rome. While millions of tourists throw a coin over their shoulder into the fountain hoping to return to Rome one day, the money scooped out of the fountain each week offers more concrete hope to the city's poor. (Credit:
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