This week in celeb real estate: Singer Michael Feinstein asks $26M, “The Great One” buys in the …

This week in celeb real estate: Singer Michael Feinstein asks $26M, “The Great One” buys in the …

Michael Feinstein, the singer and writer, is bidding adieu to his longtime mansion in Los Feliz. He and his husband, Terrence Flannery, have put the Tudor Revival-style home on the market for $26 million. Spanning just over 15,200 square feet, the residence boasts six bedrooms, seven bathrooms,
See Original Article

Ted's Essential Advice: How long do I have to ask for stuff back after lending it out?

Ted's Essential Advice is a weekly advice column from For The Win's Ted Berg, the nation's foremost expert. To have your questions considered, tweet at him or emailAskTedBerg@gmail.com. Here we go: Ted, what is the statute of limitations on getting furniture back from a friend? 5 years ago I moved
See Original Article

Not all mortgage loans require LPMI disclosures

In a class action against Bank of America for failure to provide information regarding lender-paid mortgage insurance, the district court did not err in concluding that the Plaintiffs' type of mortgage loans didn't require such disclosures under the Homeowners Protection Act. Background Each Plaintiff in this
See Original Article

The 5 Hottest Trends from Milan's 2018 Furniture Fair

FOR ONE FLEETING week every April, Salone del Mobile, the Milan furniture fair, turns a historically taciturn northern Italian city into a roiling, barely navigable bacchanal hyping new design ideas and talent. At last week's 57th edition, women in design made a noticeable splash. Chiara Andreatti, India
See Original Article

Yellow metal price remains dull on correction, buyers' lull interest

KARACHI: The yellow metal price in international and domestic markets closed dull on insignificant demand and correction in Gold Futures price while volumes also stood thin. In domestic metal market, business activity remained subdued and leading buyers remained on sidelines in anticipation of
See Original Article

Washington County libraries to begin lending telescopes

For Southern Utah residents, getting a closer look at our night sky will soon be as easy as checking out a book from the library. Telescopes will be available to check out starting Monday at Washington County libraries so that area residents can get a closer look at all those fascinating points of light in the
See Original Article

HKEX confirms after-hours trading of equity index options

Hong Kong Exchanges and Clearing Limited (HKEX) will make its most actively traded equity index options available for trading in the after-hours trading (T+1 session) of its derivatives futures and options market from 14 May this year. These index options include hang seng index (HSI) options, hang
See Original Article

Indian American Mortgage Broker Makes Bid to Unseat Moderate Republican in Washington State …

Indian American mortgage broker Mona Das, who dropped her Congressional bid earlier this year for lack of funds, is now running for a seat in the Washington state Senate. “So many of our voices are not being represented; our votes are being under-represented,” Das told India-West last fall.
See Original Article

Could Investors Title Company (ITIC) Go Down? The Stock Formed Ascending Triangle Pattern

Vanguard Incorporated holds 0% of its portfolio in Investors Title Company (NASDAQ:ITIC) for 51,608 shares. Dimensional Fund Advsr … The stock of Investors Title Company (ITIC) formed an ascending triangle with $179.04 target or 7.00 % below today's $192.52 share price. The 5 months triangle
See Original Article

ABC's The Business slams Australia's giant mortgage “control fraud”

ABC's The Business slams Australia's giant mortgage “control fraud” … Your browser does not currently recognize any of the video formats available. … In the wake of yesterday's explosive revelations by UBS about systemic dodgy mortgage lending practices by Australia's second biggest mortgage
See Original Article

7 charts that show how Canada's housing market is getting back on its feet after a serious drop

Last month, the Canadian housing market showed its first signs of recovery, as national home sales inched up 1.3 per cent month-over-month, after falling 14.5 per cent in January. It could be an indication that the market has adjusted to a new mortgage stress test introduced on January 1, which is
See Original Article

Banking royal commission raises separation of product and advice

“Westpac has a system of remuneration for employed financial advisers that incentivised revenue generation and created a risk that customers would not be provided with financial advice that was in their best interests,” Ms Orr said, noting that the bank's revised policy, which doesn't start until October,
See Original Article

What's Ahead for Investors Title Company (ITIC) After Forming Bearish Ascending Triangle Chart …

What's Ahead for Investors Title Company (ITIC) After Forming Bearish Ascending Triangle Chart Pattern? April 27, 2018 – By Marie Mckinney … Jpmorgan Chase & Company holds 0% of its portfolio in Investors Title Company (NASDAQ:ITIC) for 581 shares. Royal Retail Bank Of Canada holds 0% or
See Original Article

Toronto-Dominion Bank lifts mortgage rate in 'biggest move in years'

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 per cent as government bond yields touched their highest levels since 2011 this week. “It's a big move, the biggest move in years,” said Rob McLister, founder of RateSpy.com, a mortgage comparison
See Original Article

RPT-Under US gaze, Latvia votes to dismantle banking bridge to Russia

By Gederts Gelzis and John O'Donnell. RIGA/FRANKFURT, April 26 (Reuters) – Latvia's parliament voted on Thursday to scale back domestic banks' ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the Baltic state to do more. Prime Minister Maris
See Original Article

'I gift wrapped Commonwealth Bank for ASIC and it did nothing'

To have one bank go rogue may be regarded as unfortunate but to have them all go rogue smacks of carelessness. Or, to put it another way: one rogue bank is a bank scandal, when they all go rogue it is a failure of regulation. What we are looking at now playing out in the Hayne royal commission is the
See Original Article

Banking one of top three most used apps by Americans

Nearly half of US adults have increased their mobile banking usage in the past year, with almost a third of Americans using their banking app more than any other on their phone, according to a Citi survey. The poll of 2000 US adults shows that, measured by top two ranked responses, 31% of
See Original Article

Biggest Move in Years

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 percent as government bond yields touched their highest levels since 2011 this week.
See Original Article

CFA Education Foundation Releases Inaugural Secured Lending Confidence Index

The Commercial Finance Association Education Foundation released its inaugural Secured Lending Confidence Index “SLCI”. The index reflects prevailing business conditions and is a broad-based leading indicator of vitality in the U.S. middle market. The SLCI surveys leaders of commercial finance
See Original Article

What a $13B capital increase means for World Bank lending

On Saturday, the bank announced it had secured a hefty $13 billion general capital increase as part of a broader package of reforms, which will see its annual lending capacity rise to $100 billion by 2030, according to a press release. That is nearly double its current lending levels, which totaled $59
See Original Article

Banking royal commission has laid bare the financial industry's toxic culture

Banking royal commission has laid bare the financial industry's toxic culture

Think about where you work. Where you've worked. The local community group you're involved in. Your sports team, the one you initially loved but didn't quite gel with so you left. That is culture. Culture is hard to define and easy to dismiss but the culture of teams and work shapes our lives. When it
See Original Article

Parents Get More Control Over Facebook's Messenger Kids With New Sleep Mode

Facebook's recently introduced Messenger Kids app is getting an upgrade that lets parents set “off times” that blocks their children from using the service. The new Sleep Mode, which debuted on Friday, also lets parents set different times for the app to shut off depending on the day of the week. During
See Original Article

Online Lender Charged with Deceiving Consumers

The Federal Trade Commission (FTC) sued one of the largest online lenders, Lending Club Corporation, for misleading consumers. The company is accused of making “no hidden fees” claims a centerpiece of its marketing but then deducting hidden up-front fees from the loans. According to FTC, the
See Original Article

Ask a Realtor: Is an attorney really necessary? And other questions that arise with a home …

Your Realtor can go through the title commitment, pointing out the various sections to look at: 1) the property legal description, 2) the requirements the title company is asking for to be able to do the closing and then 3) the exceptions (items the title company is not insuring against but that will still apply to
See Original Article

Habitat for Humanity opens new home in Columbia

Abby Thacker opened the front door to her new home for the very first time Thursday. With the help and guidance of Habitat for Humanity Williamson-Maury and a $70,000 investment from General Motors, the 23-year-old mother has signed a no-interest loan for the newly constructed Columbia home.
See Original Article

Charter Suffers Worst Selloff in Nine Years After Shedding Subscribers

The good news is Charter gained 331,000 internet subscribers in the quarter. While cord cutting may be eating into Charter's TV business, the cable company still delivers the high-speed broadband needed for customers to stream Netflix and other popular online alternatives. But even on that front, there
See Original Article

A Car Obsessive Who Spent $1 Million to Update an Infamous Ferrari

David Lee, owner of the $300 million watch and investment empire Hing Wa Lee Jewelers, also owns more than $50 million worth of the world's rarest cars. His collection, stored in a garage underneath a nondescript shopping plaza 40 minutes outside downtown Los Angeles, includes models from
See Original Article

Tesla's Foe in Fight Over Electric Vehicle Rebate: Utilities

Early adopters of the electric car often band together in what can seem, in the age of Donald Trump and resurgent sport utility vehicles, like a lonely defense of an unloved technology. But today in California, the state doing the most to cultivate emission-free driving through lucrative incentives, the
See Original Article

Selling your home in a hot real estate market

GRAND RAPIDS, Mich. (WOOD) – If you drive around West Michigan you can see, it's a hot real estate market. It seems like there are “for sale” signs going up every day and “sold” appearing just as fast. So, if you're in the market to sell your home, what do you need to do to get it ready? We have realtor
See Original Article

Volusia County is Ground Zero for Jeeps and the people who love them

“I like it because you can do family stuff with the Jeeps, meet new people and talk about your Jeep,” said St. Croix, who works at a title company. He and his wife and 9-year-old daughter arrived in the family's shiny black 2012 Jeep Wrangler Sahara Limited, equipped with comfortable seating and an
See Original Article

State AGs Warn CFPB on Weakening Investigative Duties

The Consumer Financial Protection Bureau (CFPB) has received a letter from 16 Democratic state attorneys general that challenged the agency's Jan. 26 Request for Information related to CFPB investigative authority. In their letter, the Attorneys General accused the Trump Administration of trying to
See Original Article

House price growth returns as activity remains slow

The lender's seasonally adjusted data showed a rise of 0.2% in April and there was a slight pick-up in annual house price growth to 2.6%, from 2.1% in March. However, the report was otherwise subdued, noting that housing market activity remained generally weak. It agreed that surveyors were seeing
See Original Article

Pompeo Talks Iran, North Korea, NATO in First News Conference

Pompeo Talks Iran, North Korea, NATO in First News Conference … said he has “a sense” that Kim Jong Un is serious about denuclearizing the Korean peninsula and said no decision has been made on withdrawing from the Iran nuclear deal, as held his first news conference as America's top diplomat.
See Original Article

Cardi B fired former manager Shaft for 'allegedly pocketing a fortune'… as he sues rapper for $10m

She's catapulted to the top of the music charts after a slew of successful songs and releasing her debut album Invasion of Privacy. But Cardi B has landed in a bit of hot water after former manager Shaft sued the Bodak Yellow songstress to the tune of $10 million for breach of contract, according to TMZ.
See Original Article

How to find the right Realtor for your goals

Bigger real estate offices might have more resources for marketing homes, but smaller ones may provide more services and offer other advantages. Consider working with a locally owned real estate agency. These offices tend to understand local market trends and give more personalized service.
See Original Article

Tech Giants' Reports Dispel Doubts About Growth

But results this week from Amazon.com Inc., Facebook Inc., Microsoft Corp. and Intel Corp. — among the most valuable companies in the world — went a long way toward proving the naysayers wrong. Solid sales and profit growth and bullish forecasts reminded the market how reliant the global
See Original Article

The ultimate guide to buying a foreclosed home

Tip: Hire a title company or an attorney to facilitate the process. Not only will they make sure the title is legitimate, they can also discover if there are any liens on the house. Once the … While some listing companies will host an open house so you can see the property pre-auction, many don't. Do your
See Original Article

Payday lender takes stand in kickback trial

Srygley, past president of the Arkansas Check Cashers Association, didn't know Woods had introduced legislation in 2011 to benefit payday lending and would introduce another bill to benefit lenders in 2013, he testified. Woods was a House member in 2011 who began service in the Senate in 2013.
See Original Article

Stocks Mixed Amid Earnings, Data; Dollar Rises: Markets Wrap

The Bloomberg Dollar Spot Index gained 0.1 percent to the highest in 15 weeks. The euro dipped 0.1 percent to $1.209, the weakest in 15 weeks. The British pound sank 1 percent to $1.3784, the weakest in eight weeks on the biggest dip in almost two months. The Japanese yen decreased less than
See Original Article

NBC Anchor Tom Brokaw Is Accused of Sexual Misconduct. What We Know About the Allegations …

Amid continuing revelations of sexual harassment and inappropriate behavior from a range of industries, NBC News has been hit with another allegation: two women have come forward with reports of unwanted advances from long-time NBC anchor Tom Brokaw.
See Original Article

Banking royal commission quiz: what incredibly dubious practices were revealed this week?

Banking royal commission quiz: what incredibly dubious practices were revealed this week?

The Financial Planning Association's head of professionalism contacted the banking royal commission about Henderson. What did the FPA representative say to the … In early 2017, National Australia Bank discovered that 353 staff had done what during 2016? Falsely witnessed the signing of client
See Original Article

Tom Brokaw Cancels Commencement Speech Amid Allegations

(AP) — A Connecticut university says former news anchor Tom Brokaw has withdrawn as commencement speaker after facing allegations of sexual … A woman who worked as a war correspondent for NBC News told Variety and The Washington Post that Brokaw groped her and tried to forcibly kiss her
See Original Article

Guidance v. Rule: Congressional Review Act Invalidation of Auto Lending Bulletin Shows this …

On April 18, 2018, the United States Senate exercised its authority under the Congressional Review Act (CRA) by repealing a longstanding “rule” issued as a guidance on March 21, 2013 (see CFPB Bulletin titled Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act, (Bulletin)) by
See Original Article

Real estate software market demonstrates a spectacular growth by 2025 illuminated by new report

Get Sample Copy of this Report @ www.orianresearch.com/request-sample/512016 . The Real Estate Software Market Report 2018 is a professional and in-depth study on the current state of the Real Estate Software industry. Top Key Players analyzed in Global and United States Real Estate Software
See Original Article

Kodiak Sciences Inc. Announces Presentations at ARVO 2018 Annual Meeting

PALO ALTO, Calif., April 27, 2018 /PRNewswire/ — Kodiak Sciences Inc., a development-stage biopharmaceutical company specializing in novel therapeutics to treat high prevalence … Title: Extended Half-Life and Improved Tissue Penetration of Intraocularly Injected Antibody Biopolymer Conjugates
See Original Article

NorthMarq arranges take-out financing for Union @ Roosevelt

NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac. Property features include: high speed internet access/Wi-Fi, washer/dryer, air conditioning, and heating, ceiling fans, smoke free environment, cable ready, double vanities, tub/shower, sprinkler
See Original Article

Bitcoin ANALYSIS: The REAL reasons why big banking money is heading to crypto

With Bitcoin's price closing in again on $10,000, a number of commentators have championed the “institutional money flow” from banks, insurance companies, pensions and hedge funds that will help attract more “players” into the industry. One expert claims there are six big clues that are helping prop
See Original Article

The 1s And 0s Of A Solid AI Banking Rollout

That's very different from rolling out lifestyle banking experiences to a few hundred customers in a pilot program. Some of financial services' largest incumbents have invested heavily in artificial intelligence (AI) to power lifestyle banking innovations, only to find that full-scale rollout is taking more time and
See Original Article

Real Estate Agent Defrauded In Woodbury, Apple Valley: Charges

WASHINGTON COUNTY, MN — A former insurance and real estate agent is accused of felony-level crimes in Woodbury and Apple Valley involving identity theft and mortgage fraud. Yussuf Ahmed Hamid, 36, is charged in Washington County with one felony count each of identity theft and theft by
See Original Article

Trading Halted on Toronto Stock Exchange Amid TMX Market Issues

… mean that when one exchange breaks, there are other options. The problem follows trading issues at New York Stock Exchange earlier this week. The NYSE said Wednesday afternoon that Amazon.com Inc. and Alphabet Inc. wouldn't trade for the rest of the day, blaming a “price scale code issue.”
See Original Article

MBA Opens Doors Helps 2000-Plus Families Nationwide

The Mortgage Bankers Association's Opens Doors Foundation has announced that it has surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The grants are made to families with critically ill or injured children, allowing
See Original Article

Teacher Strikes Might Hurt Republicans This Time

It has been a very long time since the U.S. has seen a wave of teacher strikes. But in the past few months, teachers have walked off the job in West Virginia, Oklahoma, Kentucky, and now Colorado and Arizona. The outbreak of labor activism has caught many people by surprise, especially Republicans.
See Original Article

Brainstorm Health: Autism Rates Rise, Genetic Depression Risk, Bill Gates Flu Vaccine

The autism-vaccine link theory goes back to before the turn of the century, when an infamous and ultimately retracted paper published in a prestigious medical journal made the claim. Its effect, however, has been long-lasting despite a concerted push by physicians to assure patients and parents of
See Original Article

TD Bank, RBC Mortgage Rate Hikes Are Bad News For Borrowers Facing 'Stress Test'

TORONTO — Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages. … Mortgage planner and rate comparison website founder Robert McLister says the increase is “unusual” as the benchmark rate hasn't seen a jump of 45 basis points or more since March
See Original Article

WeWork Accounts for Consciousness

The reason: Banks are rapidly emerging as big potential customers for the fast-growing, cloud-computing businesses of Amazon.com Inc., Alphabet Inc., and Microsoft Corp. That is making technology companies think twice about alienating them by becoming direct competitors. “We are very intentionally
See Original Article

Deutsche Bank likely to axe 1000 US investment bank jobs: source

Deutsche Bank's investment banking unit has been losing market share in recent years. In Europe so far this year, the bank has a 4 percent market share in investment banking fees, down from 6 percent of the market in 2013, according to ThomsonReuters data. Its ranking fell from second to sixth place.
See Original Article

When Science Gets Demoted: The Case of Vitamins

And now, Kaiser Health News is reporting that most older Americans are “hooked” on vitamins. The story, which ran in the New York Times, detailed a litany of scientific studies showing vitamin supplements either failed to deliver benefits or caused harm. Experts quoted in the story presented all this as if
See Original Article

The politics of housing

Homebuyers looking for million-dollar properties won't have a problem finding one. In El Dorado County we have a year's supply based on current inventory and monthly sales. But if you're looking for a home priced under $500,000, the supply is less than six weeks. A balanced market is considered a
See Original Article

The Realist's Guide to Denver Real Estate

Once upon a time in a land called Denver, there lived thousands of people who just wanted to buy a damn house. These days, the story of purchasing a home in the Mile High City follows a familiar narrative: In Act One, preapproved hopefuls are full of optimism, imagining their growing family thriving
See Original Article

Some Things Are Worse Than Paying Taxes

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. According to ” Historical Statistics of the United States” data on federal spending and revenue and MeasuringWorth.com's estimates of nominal GDP, spending averaged 2.6 percent of GDP from
See Original Article

Seacoast Bank recognized for technology, customer service efforts

Seacoast Bank recognized for technology, customer service efforts

STUART – Seacoast Bank has been recognized for its efforts to stay innovative and implement technology strategies to make banking more convenient for its customers. The Stuart-based bank, the largest and only publicly traded bank headquartered on the Treasure Coast, was the only community bank
See Original Article

Relationship Manager (Social Impact Lending)

The role overview. The RM would be an integral part of the loan origination team headed by the Vice President and independently lead all aspects of the transaction process. The GIII relationship Manager (RM) is a custodian of the lending business and will own the client origination and portfolio for one
See Original Article

Conor McGregor filmed in heartwarming video lending a helping hand to disabled lad at SBG gym …

Conor McGregor filmed in heartwarming video lending a helping hand to disabled lad at SBG gym in Dublin. Craig Rankin was pushing himself to the max in the Dublin based gym and the UFC star offered some motivation to get him to the finish line. By Colm Phelan. 27th April 2018, 5:08 pm. Updated:
See Original Article

Trump Says He Refused to Approve $1 Billion Jerusalem Embassy

“The papers were put before me to sign an application for more than $1 billion to build an embassy,” Trump said Friday at a news conference with German Chancellor Angela Merkel at the White House. “I had my name half-signed and I noticed the figure and I never got to the word 'Trump.”'.
See Original Article

Guaranteed Rate picks Total Expert as tech partner for new marketing platform

Retail mortgage lender Guaranteed Rate announced this week it selected 2018 HousingWire Tech100 winner Total Expert as its strategic … to bring together best-in-class marketing tools and existing industry leading technology, custom built by Guaranteed Rate's in-house technology team, Total Expert
See Original Article

Hassett Says GDP Report Proves Trump's Tax Cuts Are Working

Kevin Hassett, White House Council of Economic Advisers chairman, discusses the first-quarter U.S. GDP data and the outlook for the economy with Bloomberg's David Westin on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights
See Original Article

Brexit Failure Looks More Likely Every Day

Michael Bloomberg, owner of Bloomberg LP which publishes Bloomberg View, referred to the choice of accepting a bad deal, or admitting Brexit was a mistake in the first place. The only conclusion one can draw from all of this is that the U.K.'s leaders need to make the responsible decision and stay.
See Original Article

Cryptocurrencies Pose a Threat, Must Be Regulated, CEOs Say

Nasdaq Inc. Chief Executive Officer Adena Friedman and Bank of America Corp. CEO Brian Moynihan rang alarm bells about the nascent cryptocurrency market, calling for regulation of certain trading and warning about the potential to abet criminal behavior. Initial coin offerings should be subject to
See Original Article

Rainin's Big Bet: Real Estate

Why did the Kenneth Rainin Foundation become interested in helping arts organizations with their real estate needs? Six years ago, the soaring cost of real estate and rents created a perfect storm with an enormous influx of workers to fuel the Bay Area's booming high-tech industry. The problem was
See Original Article

Momentum slowing in Detroit's commercial real estate market? No evidence of that

Dennis Bernard, founder and president of Southfield, Michigan-based Bernard Financial Group, said that the Detroit commercial real estate market continues to gain momentum. And the future looks bright, both in the heart of downtown Detroit and in the city's outer neighborhoods and suburbs, he said.
See Original Article

Millennials Face Tough Housing Markets in These 5 Cities

More than any other age group, millennials are feeling the one-two punch of tight inventory and consistently climbing housing prices. … According to the report, homes in these five cities are increasingly out of reach for millennial buyers, despite that this group of buyers is flocking to them for their strong
See Original Article

Is There Now An Opportunity In Honeywell International Inc (NYSE:HON)?

Honeywell International Inc (NYSE:HON) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $161.47 and falling to the lows of $142.43. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially
See Original Article

Michael J. Kula Named Planet Home Lending's COO

Before ServiceLink, Kula was global managing director of mortgage business development at IBM. While there, he improved IBM's global mortgage strategy by analyzing key market and client opportunities, further leveraging assets and analytics, providing consultative services and expanding key
See Original Article

Canada's biggest lender RBC hikes mortgage rates

TORONTO, April 27 (Reuters) – Royal Bank of Canada, Canada's biggest lender, on Thursday said it had lifted the posted rates on some of its fixed-rate mortgages, following the lead of its biggest rival Toronto-Dominion Bank on Wednesday. The move will make it even harder for borrowers to obtain
See Original Article

Price Target Outlook: Pennsylvania Real Estate Investment Trust (PEI) probable to reach $10.57 in …

Pennsylvania Real Estate Investment Trust (PEI) stock managed performance 0.96% over the last week and switched with performance of 0.42% throughout past one month period. The stock price exposed a move of -20.27% so far this year and uncovered flow of -33.85% in recent year. The shares
See Original Article

Survival of the Fittest

Editor's Note: This story was originally featured in the April issue of MReport, out now. As we quickly approach the 10-year mark for Fannie Mae's and Freddie Mac's conservatorship, it's difficult to surmise the extent of regulatory change that the mortgage industry has undergone, not to mention the scope
See Original Article

Cryptocurrencies Post Huge Gains in April, Nearly 70% in Some Cases

If you've stopped paying attention to the day-to-day changes, cyrptocurrencies are soaring once again. Prices for the major coins have shown substantial gains month-to-date in April as investors regain confidence in digital currencies like Bitcoin, Ethereum, and Ripple after big drops during the first
See Original Article

EPA launches internal probe of Pruitt's condo deal

Besides Pruitt's housing arrangements, Elkins' letter indicated new or expanded investigations into more recent allegations about Pruitt's spending on travel and security; claims that he gave two favored staffers big raises despite White House opposition; and claims that he assigned one staffer to help
See Original Article

Fires' wake upends job and housing market, customer base for businesses in Sonoma County

About 10 people have come by Vitali Barber Stylists over the past two weeks to shake hands with the barbers and say goodbye. “Their insurance checks are finally coming in,” said barber Larry Anderson. “They're moving out. A lot of them are going to the southern states — Louisiana, Arkansas,
See Original Article

Trump Says Iran 'Won't Be Doing Nuclear Weapons, Bank on It'

President Donald Trump comments on Iran's nuclear aspirations during a joint news conference with German Chancellor Angela Merkel. (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices Website
See Original Article

Last Lustron Ever Built? A Piece of Housing History on the Market for $125K

Last Lustron Ever Built? A Piece of Housing History on the Market for $125K

What's believed to be the last Lustron Home ever built is on the market. Located in McHenry, IL (just 50 miles northwest of Chicago), the $125,000 home offers a fan of 1950s Americana a chance to own a rare 20th-century artifact. Less than three thousand Lustron homes were ever produced, and this
See Original Article

Government-sponsored content on real estate raises eyebrows

Not to be outdone, Statistics Canada recently paid for distribution of a piece called 'Watch These Five Real Estate Trends' last month that seems devoid from reality citing “the condo boom continues,” and describing condos as a “cost-conscious housing option.” Pretty sure StatsCan didn't crunch the
See Original Article

Toronto-Dominion Bank lifts mortgage rate in 'biggest move in years,' RBC follows suit

Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 per cent as government bond yields touched their highest levels since 2011 this week. “It's a big move, the biggest move in years,” said Rob McLister, founder of RateSpy.com, a mortgage comparison
See Original Article

Bank Bulls Get Ready for Rising Rates

Rising interest rates bode well for bank profits, giving them more leeway to increase their net interest spreads, or the profit margins between what they pay depositors and charge borrowers. With the yield on the 10-Year U.S. Treasury Note having closed above the 3% level for the first time in more than
See Original Article

More on Fortune Brands Q1 results

Adj. EBITDA $160.6M (+4% Y/Y), cash & equivalents $244.4M (-24.3% Q/Q) & Net debt-to-EBITDA of 1.9%. FY18 Outlook: U.S.home products market growth of 5-7%, total global market growth of 5-6%, Adj. EPS of $3.58-3.70 & FCF of $525-550M. Previously: Fortune Brands Home & Security misses by
See Original Article

Ontario invests $5M to boost Kitchener rental housing market

The Ontario government announced Friday it would give $5 million to the City of Kitchener to encourage more rental housing. According to a press release, the city can use the money “to provide development charge rebates” to developers who want to build “more high-rise, mid-rise and townhouse
See Original Article

Million-Dollar Sales Boom in Sacramento, California

Luxury sales in Sacramento have doubled over the past five years, as buyers flee the heated housing market in the San Francisco Bay Area, according to an analysis by Mansion Global of housing data from Realtor.com. “We're seeing demand in the Bay Area spill over into Sacramento,” said Javier
See Original Article

Column: US leagues are on the verge of going international

FILE – In this April 26, 2018, file photo, Jacksonville Jaguars owner Shad Khan fields questions from the media on his interest in buying Wembley Stadium in London, in Jacksonville, Fla. An NFL team in London? An NBA franchise in Mexico City? We're drawing closer to the day when a team from those
See Original Article

Is tech or the city responsible for Seattle's housing crunch? Report explores roots of affordability crisis

As in San Francisco and other tech-fueled boomtowns, people like him are widely blamed not merely for driving up housing prices (Lubarsky rents a higher-end apartment near the downtown), but also for justifying the carnage in coldly libertarian terms. In fact, one of [the] objectives in founding Seattle
See Original Article

Why did the Avengers partner with a mortgage lender?

She's filling out a mortgage application on her phone, and oblivious to the fact that Dr. Strange and Iron Man are using superpowers to save her from exploding debris. “Rocket Mortgage by Quicken loans makes the complex simple,” a voiceover says, “giving you superhero levels of confidence.
See Original Article

Business is booming for Memphis housing market

Ask about any realtor and they'll tell you, it's an amazing time for the housing market in the Mid-South, especially if you're looking to sell! “It's really a great time for sellers, they might as well enjoy it now,” said Sheldon Rosengarten with Marx-Bensdorf Realtors. Rosengarten has been in the business for
See Original Article

Daily Research News Online

… Marketing News and Quirks, previously headed up his own consulting practice, The Lax Group, and before this held CX leadership positions with TNS, GfK, Harris Interactive and ORC, as well as directing the CX program for mortgage giant Freddie Mac. He holds a Ph.D. and Masters Degree from City
See Original Article

Developers clamor to fill county housing needs

The numbers don't lie. Hall County's housing market is sizzling. The U.S. Census Bureau identified the Gainesville-Hall County Metropolitan Statistical Area (MSA) among the fastest growing metro areas in the United States, with a population increase of 16,953 and a growth rate of 9.4 percent from 2010
See Original Article

Mortgage Rates Recover For 2nd Straight Day

Mortgage rates moved lower again today , bringing them back in line with Monday's levels for the average lender. That said, rate sheets have been very stratified between lenders during the recent spat of volatility. In other words, even if 2 lenders were similarly-priced on Monday, they might not be today.
See Original Article

Commercial real estate on historic pace, report says

“Salt Lake's industrial market has experienced remarkable growth in the recent past and it shows no signs of slowing down,” he said. “With the announcement of the Salt Lake City Port Global Logistics Center, the local industrial market has potential to increase in size by 39 percent in the future. This is
See Original Article

SSE, CSDC issue repo interim measures

The Shanghai Stock Exchange (SSE) and China Securities Depository and Clearing Co (CSDC) have issued and implemented what they are calling the 'Interim Measures of SSE and CSDC for Transactions and Settlement of Bonds in Collateralised Tri-party Repo'. The implementation is to improve the
See Original Article

Fake rentals make a resurgence in tight Victoria housing market

“Renters should be very cautious about giving cash deposits or wiring money for a property and should carefully the assess the property prior to providing any funds whatsoever,” said Bernoties. “The scammers will prefer to do business by email or text than meeting you personally at the property.
See Original Article

Budding Marijuana Businesses Discuss Real Estate, Banking Challenges

The unique commercial real estate challenges these marijuana businesses face was the topic of discussion Thursday at CREW D.C.'s “Marijuana + CRE: A Pipe Dream?” event. The pun-filled luncheon featured brownies for dessert, Cheetos for attendees to munch on and a D.C. council member
See Original Article

Mortgage watch: Overpaying

The amount being overpaid on UK mortgages went up by a quarter between 2013 and 2017, from £14.1 million to £17.6 million, according to UK Finance, the industry body. Overpaying can save you thousands of pounds in interest and many are rushing to get their balances down before an interest rate
See Original Article

Mortgage rates rise to their highest level in over four years

Are you thinking about buying a home in the near future? Do you need a mortgage loan to finance your purchase? Here's a trend you should know about. This week, the average rate for a 30-year fixed-rate mortgage loan rose to its highest level since 2013. This is based on the weekly industry survey
See Original Article

Real Estate Software Market 2018 – Accruent, Argus Financial Software, MRI Software, RealPage …

Real Estate Software Market 2018 – Accruent, Argus Financial Software, MRI Software, RealPage …

Global Real Estate Software Market Size, Status and Forecast 2025 provides Market information about industry Top Key Players, Countries, Type and Application. This Real Estate Software Industry report also states Company Profile, sales, Real Estate Software Market revenue and price, market share,
See Original Article

Vegetarian Diet May Prevent 1 in 3 Early Deaths, According to New Research

Becoming a vegetarian may help prevent one in every three early deaths, according to a new Harvard University study. Researchers found that 200,000 lives could be saved annually in the U.K. if people removed meat from their diets, reports U.K. paper The Week. The findings were presented this week
See Original Article

Salt Lake City ranked 3rd toughest housing market for millenials

(KUTV) — Millennials are faced with one of the toughest home buying seasons in history, according to a new analysis released Friday by realtor.com®. The combination of low inventory, escalating home prices and high demand have made Salt Lake City and other cities nationwide difficult for would-be
See Original Article

Technical troubles resolved at Citizens Bank, DMV

PROVIDENCE, R.I. — Tech woes that plagued Citizens Bank and the Rhode Island Division of Motor Vehicles Friday morning have been resolved. It's not clear if the outages were related, but the bank and the DMV announced they'd been resolved at about 11:30 a.m.. For Citizens Bank, customers had
See Original Article

How to handle rising mortgage rates

The bottom line: it's going to become that much harder for more indebted Canadians to get a mortgage. As for why TD boosted its five-year posted rate by so much is a curious question. It certainly wasn't justified by rising funding costs alone. Those costs have risen less than 0.20 percentage points since
See Original Article

Real Estate Software Market Report Based on Benefits of SWOT Analysis & Porter's Five Forces …

Real Estate Software Market Study Report covers the current situation and the development forecasts of the Real Estate Software Industry for 2018-2023. Real Estate Software Market, has been prepared based on detailed market analysis with inputs from industry experts. The global Real Estate
See Original Article

Company plans reinforcement of damaged Great Lakes oil pipes

MACKINAW CITY, Mich. (AP) — The company that operates twin oil pipelines in the Straits of Mackinac says it's considering ways to reinforce them in spots believed to have been struck by a tugboat anchor this month. Enbridge Inc. said Friday a remotely operated vehicle and human divers have
See Original Article

McHenry, Mulvaney face criticism over action to help payday lend – | WBTV Charlotte

The report says both McHenry and Mulvaney signed onto a letter to the Consumer Financial Protection Bureau, an agency created in 2010 with the purpose of regulating financial institutions that Mulvaney now leads, that expressed “concern about the agency's proposal to rein in payday lending and
See Original Article

Encore Wire (WIRE) Lowered to “Hold” at Zacks Investment Research

According to Zacks, “Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical
See Original Article

Market check: Real estate sales and prices in the Capital Region

Single family homes on Barn Owl Place Thursday April 28, 2016 in Halfmoon, NY. (John Carl D'Annibale / Times Union). Single family homes on Barn Owl Place Thursday April 28, 2016 in Halfmoon, NY. (John Carl D'Annibale / Times Union). Photo: John Carl D'Annibale. Buy this photo. Image 2 of 122.
See Original Article

Chinese real estate robots comming to NYC

The machine will be deployed to events, real estate offices and showrooms in the U.S., Canada, Australia, the U.K., Malaysia and Singapore to help guide Chinese buyers through purchases. Although the partnership was designed to improve customer service for international property buyers, the Butler
See Original Article

RCAF wants Ottawa to buy two used jets for the VIP fleet

RCAF wants Ottawa to buy two used jets for the VIP fleet … Half of the planes in the RCAF's VIP Challenger fleet are too old to be flown in some areas of the world. … It says buying two used Challenger 604s would “fall within the current budget, and many used CL604 aircraft are available for purchase.
See Original Article

Why the Buy-to-let Concept is the Best Option for Property Investment

If you're out to buy a property as an investment, you need to shed any and all preconceived notions like you can sell off the property whenever you need and recover the entire value of the asset's price. Liquidity is not among the top benefits of investing in real estate, and the market scenario at present is
See Original Article

Business Report: Mortgage rates going up at several Ca

Next video in. Watch CityNews Live. July 10, 2017. Play. Cancel. Watch Again. LIVE. Business Report: Mortgage rates going up at several Ca. Mortgage rates are on the rise at several of Canada's big banks. And, move over 4K! 8K television technology is on the way. 680 NEWS business editor Kris
See Original Article

Ontario Creating More Rental Housing in Toronto

Ontario is investing in Toronto's rental housing market to encourage the creation of more affordable rental housing. Peter Milczyn, Minister of Housing, was in Toronto today to announce funding for municipalities to provide development charge rebates to developers who want to build high-rise, mid-rise
See Original Article

MCC to host housing market presentation

A University of Iowa professor is coming to Muscatine Community College to talk about the effects of a healthy housing market. … “Dr. Anthony will broaden your understanding of the economic and social impact of housing, identify current trends and uncover possibilities for our entire community,” said
See Original Article

New York moves to outlaw income discrimination in housing

While the Republicans leading the Department of Housing and Urban Development are pushing to increase the rents on those who use Section 8 vouchers to afford housing, the Democratic governor of New York is moving to ensure that wanting to use a Section 8 voucher cannot be used as a means to
See Original Article

Trump Says Meeting With Kim 'Broken Down to Two or Three Locations'

President Donald Trump cited a 'lot of positive things happening' and discussed the plans for his meeting with North Korean leader Kim Jong Un. He speaks with reporters during a meeting with German Chancellor Angela Merkel. (Source: Bloomberg)
See Original Article

Why new Home Sales are on the Rise

Your Future Home hosts Nora Ali and Brad Smith discuss the latest headlines in the real estate market. The sale of newly built single-family homes rose in March, despite rising mortgage rates and generally low housing inventory. While these homes represent a fairly narrow slice of U.S. home sales,
See Original Article

Business Report: Mortgage rates going up at several Canadian banks

Next video in. Watch CityNews Live. July 10, 2017. Play. Cancel. Watch Again. Business Report: Mortgage rates going up at several Canadian banks. Mortgage rates are on the rise at several of Canada's big banks. And, move over 4K! 8K television technology is on the way. 680 NEWS business editor
See Original Article

The Fall and Rise of Michael Gove, May's Brexit Bellwether

The Fall and Rise of Michael Gove, May's Brexit Bellwether

As Theresa May charts the U.K.'s perilous path out of the European Union, there's one man whose verdict on her plan matters more than almost anyone else in her team. It's the minister responsible for fish. Michael Gove, the U.K.'s environment secretary, has been in his job less than a year but he's
See Original Article

The CDC Says Autism Rates Are Rising in US Children. No, It's Not Because of Vaccines.

A new CDC autism report finds that rates of autism are rising among U.S. children. Given the fraught history of the (consistently debunked) allegations that vaccines are tied to autism spectrum disorders, there may be an impulse in certain corners to bring up vaccinations as a potential root for this rise in
See Original Article

Don't Let Doubts About Blockchains Close Your Mind

At public conferences, I typically play the role of blockchain skeptic, because that is indeed my view, and also I am put off by a lot of the uncritical blockchain boosterism and maybe even hucksterism out there. But I also know that only a few years ago, I had absolutely no clue that such scenarios were
See Original Article

Nathan Vlazny Named VP of Underwriting for Waterstone Mortgage

Waterstone Mortgage Corporation has named Nathan Vlazny Vice President–Underwriting at the Pewaukee-based corporate office. Vlazny was previously the Underwriting Manager for the South Atlantic Region of Academy Mortgage. He has more than 15 years of experience in underwriting; 10 of
See Original Article

Manafort's Civil Suit Against Justice Department Is Dismissed

Paul Manafort lost his civil lawsuit attacking Special Counsel Robert Mueller's authority to charge him with crimes unrelated to his role as President Donald Trump's former campaign chairman. U.S. District Judge Amy Berman Jackson in Washington threw out the suit Friday, saying the criminal cases
See Original Article

Chevron Blows Through All Profit Forecasts

Chevron Corp. surpassed every first-quarter profit and production estimate, raising the possibility of a resumption of share buybacks later this year. Chevron earned $1.90 a share during the first three months of the year, well in excess of the $1.47 average of 18 estimates in a Bloomberg survey of
See Original Article

Virtual Camera Market 2018 Global Share, Trend and Opportunities Forecast To 2023

Com Adds “Virtual Camera -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database. The Asia-Pacific Virtual Camera market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from … Real Estate Application
See Original Article

Beware the Korean Peace Trap

It also says the two states “shared the view that the measures being initiated by North Korea are very meaningful and crucial for the denuclearization of the Korean Peninsula and agreed to carry out their respective roles and responsibilities in this regard.” Finally it pledged that both would seek help and
See Original Article

5 Tips for Finding the Best Mortgage Lenders for First-Time Buyers

Getting a first-time home buyer mortgage is like applying for college: Only those with the right combination of grades and experience are accepted. But instead of GPA and extracurricular activities, lenders look at your credit score and financial history, and both can affect your mortgage rate in a big way.
See Original Article

Volunteers will take to downtown Lynn Saturday for a little spring cleaning

On Saturday, with forecasters predicting it will warm to 61 degrees, downtown residents and volunteers are planning to spend the morning improving the look of the downtown. Soraya Cacici, a real estate broker and founder of the Lynn Beautification Project, organized the cleanup. Volunteers are asked
See Original Article

Real Estate Guide 2018: How Far Will Your Money Go?

New to Colorado? Chances are you're having a difficult time comparing the market here to the one you moved from. It's not you. If your former burg was an apple, Denver is a kumquat—radically different (but also cooler). Because property taxes in Colorado are comparatively low (almost $2,800 annually
See Original Article

DocuSign and Smartsheet Boomed on First Day Trading After Their IPOs

“Two words—hell no,” Mader said. The executive acknowledged the fact that most startups fail and that it took years of hard work and luck to finally go public. Get Data Sheet, Fortune's technology newsletter. “Do you know how low the odds are?” Mader said about the chances of a startup surviving.
See Original Article

The Latest in Mortgage News – The Stats Are In

There have been a number of reports released over the past few weeks that have provided some interesting insight into the state of the housing and mortgage markets. New reports have touched on everything from 2018 renewal rates, foreign buyer statistics and credit quality to the latest financial crunch
See Original Article

Jeff Bezos' Fortune Gains $9 Billion In Two Days As Amazon Continues To Soar

Jeff Bezos, the world's richest man and only centibillionaire, got $9 billion richer in two days. As Amazon stock shot up, in large part thanks to a better-than-expected earnings report on Thursday, Bezos' net worth rose with it. At the close of trading Friday, his net worth sat at $130.2 billion, according to
See Original Article

What To Know Before Buying Philip Morris International Inc (NYSE:PM) For Its Dividend

Over the past 10 years Philip Morris International Inc (NYSE:PM) has returned an average of 4.00% per year from dividend payouts. The company currently pays out a dividend yield of 5.25% to shareholders, making it a relatively attractive dividend stock. Let's dig deeper into whether Philip Morris
See Original Article

Q10|New York Realty Advisors Secures $2.9M Acquisition Loan for Apartment Building in Queens

The undisclosed borrower opted for a 20-year Hybrid ARM loan through the Freddie Mac Small-Balance Loan program. The rate on the initial five-year term is fixed at 3.58 percent followed by a floating-rate period of the remainder of the term (180 months). During the floating-rate period, the coupon is
See Original Article

Lenawee County agent hit by real estate scam

ADRIAN — On Wednesday, Realtor Jeff Rising said he received two phone calls from people reporting one of his Adrian property listings showed up as a retooled advertisement on Craigslist. The listing, which advertised one of the Re/Max Main Street Realty properties for rent, is a growing scam in the
See Original Article

Hawai'i Residential Real Estate: Challenges and Opportunities

The last few years have been dramatic ones in the local real estate market. And in some ways, it's a great time to be in residential real estate when nearly every sale is big sale. But still challenges remain. PBN editor-in-chief A. Kam Napier has more.
See Original Article

Here's Who Isn't Winning From Denuclearization Talks and Friendlier North Korea-South Korea …

While stock markets in Asia are breathing a sigh of relief after North and South Korea's leaders shared a friendly handshake and vowed to work toward wiping away nuclear weapons from the Korean Peninsula Friday, once high-flying defense stocks are taking the hit. On Friday, while the broader stock
See Original Article

Merge Call: T-Mobile and Sprint Reportedly Negotiating a $24 Billion Deal

T-Mobile US Inc. and its German owners are advancing toward a long-awaited telecommunications union that would value merger partner Sprint Corp. at about $24 billion, according to people with knowledge of the matter. Under the terms being discussed, T-Mobile backer Deutsche Telekom AG would
See Original Article

Deutsche Bank is set to axe 1000 jobs in the US

Deutsche Bank is set to axe 1000 jobs in the US

FRANKFURT (Reuters) – Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions. The bank has already axed 400 U.S.-based
See Original Article

Ally Home Takes Baseball Approach to Homebuyer Education

The Sandy, Utah-based Ally Home is now offering “The Mortgage Playbook,” a guide for homebuyers that reimagines the process through a baseball-themed presentation. Available as a 44-page booklet, “The Mortgage Playbook” offers homebuying FAQs with various steps in the process tied to
See Original Article

JG Wentworth names new CEO, plots expansion of mortgage business

Fully taking the reins of the J.G. Wentworth's mortgage business will be Phil Buscemi, who serves as the president of J.G. Wentworth Home Lending. Buscemi will report directly to the board on behalf of the company's expanding mortgage lending division, effective immediately. “J.G. Wentworth Home
See Original Article

Pending homes sales indicate another up year for housing market

At the current sales pace that's six months of inventory,” Taylor said. Both sales of existing single-family homes and average sale prices are up from last year, both by more than 10 percent. With consumer confidence high and the national economy humming along, Taylor predicted demand for new and
See Original Article

Revealed: Here are the Waldorf Astoria's condo floor plans

Anbang bought the Waldorf from Hilton Hotel Group for $1.95 billion in 2014 amid an international buying spree that eventually prompted a crackdown by Chinese regulators. In February, China's insurance regulator seized control of Anbang after its chairman, Wu Xiaohui, was prosecuted for economic
See Original Article

Connections: Assessing the Rochester real estate market

Linda Wilson, associate broker at Howard Hanna, and president of the Greater Rochester Association of Realtors; Tom Schnorr, broker and owner of RE/MAXRealty Group; Mark Siwiec, licensed real estate broker with the Mark Siwiec Realty Group at Howard Hanna; Abbey Friend, lead listing specialist
See Original Article

Does Fractional Reserve Banking Endanger the Economy? A Debate

On April 16, 2018, two free market economists debated a topic that has long divided libertarians. Fractional reserve banking refers to banks' standard practice of keeping only a portion of their depositors' money on hand and loaning out the rest. In The Mystery of Banking (1983), the anarcho-capitalist
See Original Article

Toronto-Dominion Bank Raises Its Five-Year Fixed Mortgage Rate To 5.59%

Toronto-Dominion Bank has lifted the posted rate for its five-year fixed mortgage by 45 basis points to 5.59% — the first significant mortgage rate increase among Canada's big lenders. Toronto-Dominion, Canada's second-largest bank lifted its five-year closed rate along with increases to its two-year,
See Original Article

Top of the Market: Homes in Eads, Germantown top a million

Last week was an unusually strong one for the top end of Memphis' housing market, with the top five homes selling for a combined $4.98 million. A 1992 East Memphis home sold for $860,000, only enough for the week's No. 5 spot. Located on Green Shadows Lane in ZIP 38119, the home holds five
See Original Article

AGNC Investment (AGNC) Upgraded at BidaskClub

BidaskClub upgraded shares of AGNC Investment (NASDAQ:AGNC) from a sell rating to a hold rating in a research report report published on Tuesday. Several other brokerages also recently weighed in on AGNC. Maxim Group restated a buy rating and set a $21.25 target price on shares of AGNC
See Original Article

ARMCO: Mortgage critical defect rate decreases in Q3 2017

ARMCO's report showed this decrease in the critical defect rate is due to a decline in purchase loans, which have a disproportionately higher number of defects, and an increase in mortgage refinances. In the third quarter, purchase transactions accounted for more than 67% of all reviewed loans, but
See Original Article

REITs are faring poorly, but investors still love real estate – WSJ

The REITs have underperformed the S&P 500 by more than 15 percentage points over the last 12 months, with the sector now trading at a 16.4% discount to net asset value – one of the widest margins ever, according to Green Street Advisors. Private real estate funds, however, are seeing a gusher of
See Original Article

Citibank: Mobile banking use is up 25% in the last year

Apps for mobile banking have become some of the most widely used by Americans, according to a mobile banking survey by Citibank. About one-third (31%) of consumers use their mobile banking app the most, behind only apps for social media (55%) and the weather (33%), the survey of 2,000 U.S.
See Original Article

Commentary: How Can Facebook Avoid More Trouble Ahead? Implement User Warnings.

Facebook (fb, -0.20%) investors and staff probably let out a collective sigh of relief on Thursday, after the social media giant reported stronger-than-expected earnings that sent shares rebounding back to near-record highs. But strong financial performance doesn't mean that all is well for the social media
See Original Article

Winnipeg boasts some of Canada's most affordable real estate: report

If you're a first-time buyer looking for a home in Canada, Winnipeg might be a good place to start. According to a national report by Royal LePage, a first-time home buyer's money goes further in Winnipeg than most other major Canadian cities. The report looked at what people aged 25 to 31 could afford
See Original Article

Advent close to buying 80 pct of Wal-Mart's Brazil ops

SAO PAULO, April 27 (Reuters) – Advent International Corp is in exclusive talks to acquire an 80 percent stake in Walmart Inc's Brazilian unit, a person familiar with the information said on Thursday. Reuters reported in January that Walmart was shopping its Brazilian unit to private equity firms Advent, GP
See Original Article

It's a Tech War, and It Costs a Fortune

One trend was clear this week: It is incredibly costly to stay ahead in the technology industry. During the quarter ended in March, four U.S. tech superpowers — Alphabet, Amazon, Microsoft and Facebook — collectively spent $16.2 billion 1 on capital projects, including real estate; warehouses to stow and
See Original Article

Why is the FHA Still Without a Commissioner?

On Nov. 28, 2017, the Senate Banking Committee voted 18-5 to approve Brian D. Montgomery nomination to become an Assistant Secretary of the U.S. Department of Housing & Urban Development (HUD) and Commissioner of the Federal Housing Administration (FHA), a position that he held from
See Original Article

How a Hockey Scare Led Banking Vet to Issue First Digital Shares

After working at Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc., he became chief investment officer for Merrill Lynch Bank USA, according to his resume. He later spent several months in 2009 as vice president and head of liquidity risk for the Federal Reserve Bank of New York.
See Original Article

Gillibrand wants the Post Office to take up high-risk banking — what could go wrong?

The junior senator from New York thinks that turning the Post Office into a financial services outfit for Americans with low or erratic incomes unable to access traditional banking outlets is a winner, for two reasons. First, it would put payday lenders out of business, saving people from what Gillibrand
See Original Article

Plaza Home Mortgage names Philip Yee and James Pathman to executive roles

Plaza Home Mortgage names Philip Yee and James Pathman to executive roles

Pathman brings more than 20 years of IT leadership experience within the mortgage and finance industry to his new role. Prior to joining Plaza, he served as the CEO at Data Resolution. He also previously has held executive information technology positions at Lehman Brothers and a number of national
See Original Article

Lenders feel benefit of M&A surge

Companies are pushing forward with global expansion plans and putting cash stockpiles to work despite more nationalist and protectionist political rhetoric, as top firms focus on buying growth rather than relying on slower organic growth. “The aspiration for large scale M&A is there. We have not seen
See Original Article

Harvey recovery funds may prioritize wealthy, advocates say

AUSTIN, Texas (AP) — Advocacy groups said Friday that Texas is poised to unfairly distribute billions in federal funding provided for housing repairs following Hurricane Harvey's devastation — prioritizing wealthy homeowners over poorer victims in ways that could constitute racial discrimination.
See Original Article

Mortgage Rates Spike Ahead Of May 2018 Federal Reserve Meeting

The Federal Reserve meets for its third scheduled meeting of the year and it's expected to hold the Fed Funds Rate unchanged until June; today's mortgage rate trends for conforming, FHA, USDA, jumbo, and VA loans; and, with mortgage rates spiking, the importance of staying patient while you're trying
See Original Article

Fortune Brands (FBHS) Lags Q1 Earnings & Sales, Ups '18 View

In the first quarter, Fortune Brands' cost of sales before charges/gains increased 5.5% year over year to $816.5 million. It represented 65.1% of net sales compared with 65.2% in the year-ago quarter. Selling, administrative, and research and development expenses before charges/gains grew 8.1% year
See Original Article

Report says Salt Lake City among 'toughest' housing markets for millennials

SALT LAKE CITY — While the Beehive State can boast one of the most robust economies and housing markets in the country, that strength has created a challenging circumstance for young would-be homebuyers, a new report says. According to California-based realtor.com, a combination of low
See Original Article

TSB customers suffer fifth day of IT problems as payday looms

The IT problems at TSB stretched into their fifth day on Friday, as many of the bank's customers continued to be locked out of their online accounts, causing uncertainty for those with end-of-month bills to pay. TSB, which has not been able to restore online or mobile banking for hundreds of thousands of
See Original Article

Average UK house price reaches new record of £213000 in April

House prices reached a new record high of on average in April, according to an index. Property values edged up by 0.2% month on month, reversing a 0.2% dip seen in March, according to figures from Nationwide Building Society. The annual pace of UK house price growth also accelerated to 2.6%,
See Original Article

Canadian Real Estate Investment Trust to Acquire Interest in Downtown Toronto Development Parcel

CREIT is a real estate investment trust focused on accumulating and aggressively managing a portfolio of high-quality real estate assets and delivering the benefits of real estate ownership to unitholders. The primary benefit is a reliable and, over time, increasing monthly cash distribution. CREIT owns a
See Original Article

HFF Arranges $33.8M Loan for Apartment Community in Metro Denver

The seven-year, floating-rate loan was secured through Freddie Mac's CME Program. Loan proceeds were used to refinance expiring construction financing. Completed in 2017, the 216-unit Palisade Park is 95 percent occupied and comprises one-, two- and three-bedroom units ranging from 731
See Original Article

Ileana Izquierdo promoted to AVP of Lending

MIAMI LAKES, FL (April 27, 2018) — JetStream Federal Credit Union announces that Ileana Izquierdo has been named assistant vice-president (AVP) of lending. She will have the primary responsibility of assisting the vice-president/chief lending officer (CLO) with strategic lending growth, while
See Original Article

Kelowna condo marketing itself as solution to city's housing crunch

It's no secret that Kelowna is growing, and with an increase in population comes more competition for housing. Now, one condo development is marketing itself as the solution to that problem for buyers who are looking to get into the market. However, not everyone agrees that's the right way to deal with
See Original Article

Global Lease Management Software Market 2018 – Accruent, CoStar Real Estate Manager …

The report gives the detailed overview of Global Lease Management Software Market 2018 and predicts future market trends throughout the forecast period from 2018 to 2023. Also the report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, current Lease Management
See Original Article

US makes it cheaper for foreign nations to buy American weapons

WASHINGTON ― The Defense Security Cooperation Agency announced this week that it is reducing a surcharge on American defense goods sold abroad from 3.5 percent to 3.2 percent, effectively dropping the price foreign nations have to pay when buying weapons through the Foreign Military Sales
See Original Article

How social media is changing real estate

For many real estate agents, social media has become a powerful marketing tool to promote listings, reach clients and make important connections within the industry. It also allows agents to post in real-time and instantly update their followers when a new property hits the market. This is especially
See Original Article

Mortgage REIT merger: Two Harbors acquiring CYS Investments

… securities, mortgage servicing rights, and other financial assets. And now, the company is preparing to expand its agency RMBS business by acquiring CYS Investments, a fellow mortgage REIT that specializes in investing in agency RMBS backed by fixed rate single-family residential mortgage loans,
See Original Article

A year of trials and tribulations

So, Real Estate (Regulation & Developmen) Act, 2016 is here and now all grievance will be taken care of, the Regulator will tighten the builders and all that was wrong in real estate sector is going to be set right. One year ago, this was what was expected of RERA — a quick -fix solution for years of rot.
See Original Article

HousingWire's Weekly Newscast #4

This week, HousingWire Editor-in-Chief Jacob Gaffney is joined by Reporter Kelsey Ramírez and Online Editor Caroline Basile to discuss the Consumer Financial Protection Bureau's final amendment to TRID's Know Before You Owe rule, disappointing GDP results, mortgage rates, and Freddie Mac's
See Original Article

New Residential's 1Q18 earnings jump on higher servicing revenue

New Residential Investment Corp. reported a 400% year-over-year increase in net income as its servicing revenue improved dramatically over the previous year. The company posted net income of $604.3 million for the first quarter, up from $288.3 million in the fourth quarter and $121.4 million in the first
See Original Article

Kanye Can't Save Tesla

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Chipotle's long road back to Indonesian mine malfeasance, here are four charts that tell you what you need to know in business today.
See Original Article

Victim in bond fraud case says he'd still deal with a liar

Victim in bond fraud case says he'd still deal with a liar

Eric Marks of Ellington Financial LLC took the stand for the government on April 26 in the trial of David Demos, who is accused of ripping off Ellington and other firms by misrepresenting the prices of mortgage-backed bonds during negotiations. Demos was charged with defrauding investors in five trades
See Original Article

The Only People Who Aren't Using Instant Pots? Chefs

The pressure cooker-style device, specifically the six-quart, seven-in-one model, has dominated the world of home cooking since Amazon.com Inc. featured it … and certified for household use only,” Yi Qin, vice president of product management at Instant Pot in Ottawa, Ontario, told Bloomberg by email.
See Original Article

Financial Stock Recap: Ares Commercial Real Estate Corporation (ACRE)

Every trading day indicate diverse behavior and trends about Ares Commercial Real Estate Corporation (ACRE) stock. Now we observed the different factors that seen on close of Thursday session. At the end of the day, it's only a stock's performance that matters. Active investor focuses on important
See Original Article

OPEC Cuts May Go Deeper as Another Member Sees Output Slump

Angola, once Africa's biggest crude producer, is suffering sharp declines at under-invested offshore fields, with output dropping almost three times as much as the nation pledged in an accord with fellow OPEC members. With the losses set to accelerate — a shipping program seen by Bloomberg News
See Original Article

How to protect yourself from the next TSB-style banking disaster

TSB's week-long IT meltdown has left personal and business account customers alike struggling to pay bills, staff, suppliers, credit cards, house deposits and more. Events such as this are always unexpected, and so inevitably catch people off guard. But there are a number of ways to ensure that if your
See Original Article

FC Schalke 04 team up with Hebei China Fortune

Top-tier German soccer side FC Schalke 04 have agreed a strategic cooperation deal with Chinese Super League (CSL) outfit Hebei China Fortune FC (CFFC). Schalke have described the five-year deal as “large, long-term and economically attractive”, and it is reportedly worth more than €10 million
See Original Article

Microsoft's Latest Earnings Shows Cloud Growth, But Don't Forget About Windows

Get Data Sheet, Fortune's technology newsletter. Microsoft also said on Friday that a new Windows 10 update—The Windows 10 April 2018 Update—would arrive on Monday that would include some new features. Some of these include a new voice dictation service and a timeline feature that will make
See Original Article

Critics Accuse FCC of Delaying Repeal of Net Neutrality to Help Corporate Interests

FCC Chairman Ajit Pai is allegedly delaying the repeal of net neutrality to help web providers like Verizon, AT&T, and Comcast, Motherboard reports. The slow pace of implementing the repeal, which will allow Internet service providers to prioritize certain traffic, is in sharp contrast to the rapid speed at
See Original Article

The Korean War May Finally End. These Photos Show What the Two Countries Looked Like Before

Though the fighting officially stopped in 1953, North and South Korea never signed a peace treaty, a technicality that has highlighted the conflict between the once-united nations for decades. But a historic summit between the two leaders of the countries this week may have altered that relationship
See Original Article

Why is training important for Lloyds Bank's Commercial Real Estate team?

Lloyds Bank's purpose is to help Britain prosper through its vision of being the best bank for customers. In Commercial Real Estate (CRE), which forms part of the Global Corporates division at Lloyds Bank, they want to create the best customer experience so it is critical that all their real estate colleagues
See Original Article

From buyer to seller: How Ontario's housing measures played out, one year on

Just over a year ago, the Ontario government introduced measures aimed at cooling the country's largest housing market amid bubble warnings and bidding wars. The provincial Liberals' 16-point plan introduced a number of policy changes, including a 15 per cent non-resident speculation tax and rent
See Original Article

TD Bank and RBC hike fixed mortgage rates

It also increased its two-year, three-year, six-year and seven-year mortgage rates. RBC shortly followed suit, raising the rates of one-to-four year mortgages by 15 basis points. Five-to-10 year mortgage rates will be hiked by 20 basis points. It has also been reported that its variable mortgage rate will go
See Original Article

Carlyle's Metropolitan Real Estate collects over $139 mln for secondary fund

Metropolitan Real Estate Partners, which is backed by the Carlyle Group, has raised over $139 million for its latest secondary fund, according to an SEC filing. The target was not specified in the document. Print Email. FUNDRAISERS: Don't miss Emerging Manager Connect West 2018 in San Francisco
See Original Article

Perth real estate market sales hits 25-year low

PROPERTY experts are calling the “low-water mark” of Perth's real estate market after 2017 saw the lowest number of dwelling sales in the metropolitan area in more than 25 years. Real Estate Institute of WA figures show just 26,223 sales of houses and units in Perth last year — the lowest number since
See Original Article

Integrated Asset Management Corp. and IAM Real Estate Group Announce Purchase of Portfolio of …

(“IAM”) (TSX:IAM) and its real estate division, IAM Real Estate Group are pleased to announce the closing of the purchase of a 20 property portfolio. … leading alternative asset management companies with approximately $2.4 billion in assets and committed capital under management in real estate,
See Original Article

4 REITs ETFs Pop on Strong Q1 Earnings

Strong first quarter earnings results help bolster real estate investment trusts and related exchange traded funds on Friday. Of the top performing ETFs on Friday, iShares Cohen & Steers Realty Majors (NYSEArca: ICF) gained 2.3%, Schwab US REIT ETF (NYSEArca: SCHH) rose 2.2%, SPDR Dow
See Original Article

More bank computer chaos expected

This week's computer chaos at TSB is unlikely to be the last time millions of people face online banking problems. In recent years computer systems at NatWest, RBS, HSBC, Ulster Bank have all gone into major meltdowns. Now IT experts warn that legacy systems and quick fixes have left most main
See Original Article

Lenders missing out on lucrative market

Airbnb rental properties have proliferated in recent years, but most lenders remain reticent about doling mortgages out for short-term rental properties. “Lenders are pretty uncomfortable with Airbnbs,” said CanWise Financial President and Broker of Record James Laird. “They don't really have a
See Original Article

Local Borrowing Trends Released – Can Inland Empire Households Survive Rising Interest Rates?

Average mortgage rates have only jumped three-quarter points between September 2017 and April 2018 compared to 1.5 percentage points for shorter-term rates on auto loans, credit cards, and other consumer debt/financing. Mortgages rates have been held down for a variety of reasons, but many of
See Original Article

The Cannes Film Festival Is Opening a Sexual Harassment Hotline in the Wake of #MeToo and …

The Cannes Film Festival will join forces with the French government to prevent sexual harassment at the prestigious event in the wake of the #MeToo movement that rocked the entertainment industry. France's gender equality minister, Marlène Schiappa, announced Friday at a press conference in Paris
See Original Article