Single-family housing prices remain flat in Saskatoon during September

Single-family housing prices remain flat in Saskatoon during September

Housing prices in Saskatoon remained flat for the most part in September, but there was some upward movement in the benchmark value of
See Original Article

Ottawa condo sales soar in September amid tight housing market

As Ottawa housing prices continue to accelerate, the head of the local real estate board says many first-time buyers are now effectively faced with two
See Original Article

Foreclosed Homes Appreciating Faster than Typical US Home

When the housing market crashed in 2007, millions of American homeowners had to walk away from their homes, missing out on the opportunity to
See Original Article

Greece working on bank bad-loan asset protection scheme – bankers

By George Georgiopoulos. ATHENS (Reuters) – Greece is working on an asset protection scheme to help its banks offload soured loans, and shared
See Original Article

Consumer insights can reform digital banking in Nigeria – Agusto & Co.

However, with online banking, customers more often than not have varying experiences with the quality of service rendered by these banks – some,
See Original Article

Lawsuit alleges discriminatory lending practices by Liberty Bank

The Connecticut Fair Housing Center and the National Consumer Law Center on Thursday filed a lawsuit against Middletown-based Liberty Bank,
See Original Article

Foreclosed homes are appreciating faster than the typical US home

“When the housing market tripped up a decade ago, homes that went into foreclosure fell hard — their value dropping substantially more than homes
See Original Article

Hendrick's Just Unveiled Its New $17 Million 'Gin Palace'

Gracie tells Fortune. Gracie, who has been known to distill special batches of Hendrick's on the road, has filled the hothouses with plants from some of
See Original Article

8 Things Powerful Women Are Doing to Get Their Companies Closer to Equal

For the first time at Fortune's Most Powerful Women Summit, the powerful women in the audience joined the women on stage in a town hall discussion
See Original Article

Cadillac—Not Tesla—Wins Top Honors in New Test of Driver Assistance Systems

If you want your car to do some of the driving for you, consider a Cadillac. Consumer Reports ranked the brand's SuperCruise system first of the four
See Original Article

Today is National Taco Day. Here's Where to Get Deals, Discounts, and Even Free Tacos

Today is National Taco Day, yet another deliciously made-up holiday when retailers give away free food and deals on customer favorites. A day
See Original Article

Judge Denies Motion to Transfer in Lehman Indemnity Suit

LBHI claims that it has the right to a third-party indemnification claim against them for its liability to Fannie Mae and Freddie Mac. The company had
See Original Article

MoviePass Gets a $65 Million Lifeline

MoviePass, which has gone from the hot new thing to an afterthought for movie goers in the span of less than a year, has picked up additional funding
See Original Article

Mattress Firm May Be Filing For Bankruptcy This Week

“Bankruptcy would allow the company to clean up its real estate portfolio, get … market, including at times outbidding competitors to steal market share.
See Original Article

12 cities where housing bubble fears are growing

“Rising mortgage rates have pushed home prices to the least affordable level we've seen in 10 years, both nationally and at the local level. Close to
See Original Article

Salmonella Outbreak Forces Recall of 6.5 Million Pounds of Ground Beef

An Arizona company is recalling ground beef that was sold around the nation after 57 people in 16 states reported getting sick after consuming the
See Original Article

BNP's Katzive Sees Euro Strengthening as US Economy Slows

… head of FX strategy, discusses the outlook for the currency market with Bloomberg's Vonnie Quinn and Guy Johnson on “Bloomberg Markets.
See Original Article

Bernie Sanders Asks McDonald's CEO to Boost Wages to $15 an Hour

McDonald's Corp. shares slipped as Senator Bernie Sanders called on the fast-food chain to follow in Amazon.com Inc.'s footsteps and boost its
See Original Article

CTO Pat Downing Joins FirstClose

… existing, and develop new, technology solutions for the mortgage industry,” said Tedd Smith, Co-Founder and Chief Executive Officer of FirstClose.
See Original Article

How Options Strategist Jim Strugger Is Playing the Rise in Volatility

Jim Strugger, independent options strategist, discusses the performance of markets and his options strategy with Bloomberg's Luke Kawa on
See Original Article

The World's Youngest Male Billionaire Is a 25-Year Old Model With a Massive Fishing Fortune and …

The World's Youngest Male Billionaire Is a 25-Year Old Model With a Massive Fishing Fortune and …

As a result, the younger Witzøe now holds the largest fortune in Norway, at least based on capital inside the country, according to Business Insider.
See Original Article

Freddie Mac Re-enters LIHTC Market

Freddie Mac has closed its first low-income housing tax credit (LIHTC) fund with Enterprise Community Investment and its first equity investment within
See Original Article

3. “Fortune”

Geva Theatre Center's 2018-19 Fielding Studio Series opens with “Fortune.” The romantic comedy centers on Maude, a 30-something storefront
See Original Article

New global head of defined contributions at PGIM Real Estate

David Skinner has been appointed as the new global head of the defined contribution platform of the real estate business of PGIM, the $1tn global
See Original Article

EBA publishes the preliminary impact of the Basel reforms on EU banks capital and updates on …

he European Banking Authority (EBA) published today two reports, which measure the impact of implementing Basel III reforms and monitor the
See Original Article

Govt to start issuing cheaper mortgages in December

The recently approved affordable housing Fund could start issuing loans in December this year, according to the Minister for Finance and Economic
See Original Article

Phil Shoemaker is officially part of Home Point Financial

After rumors erupted in early September that Phil Shoemaker was leaving Caliber Home Loans for Home Point Financial, Home Point just made it
See Original Article

An Early Warning Sign for the World's Priciest Homes Is Flashing Sell

A reliable leading indicator for the world's least affordable housing market is sending a sell signal for the first time in three years. Losses in the Hang
See Original Article

CUSO Home Lending hires Russell Cole as its new CEO

HAMPDEN, ME (October 4, 2018) — The board of directors of Maine's top mortgage lender, CUSO Home Lending (CUSO), announce the selection of
See Original Article

Lending, membership growth lead historic credit union performance

Lending and membership growth a trend of historically strong performance for credit unions according to the August Monthly Credit Union Estimates
See Original Article

Just Cashflow delivers profit amid 300% lending growth

The alternative lender revealed that the amount of funds it had extended to UK SMEs had grown by over 300% in the last two years and was now
See Original Article

Square pushes into consumer lending

Square is now making a big push into the consumer lending market. The payments company is launching a new service that lets customers who use
See Original Article

Whitney Wolfe Herd, Connie Chung, Priyanka Chopra: Broadsheet October 4

Fortune. • All it takes. Drybar's Alli Webb is an inspiration to anyone worried they don't have the credentials to pursue their wild idea. “There was no
See Original Article

I&M inks Sh4 billion loan deal with Dutch lender

I&M Bank has secured a $40 million (about Sh4 billion) loan from the Dutch Development Bank (FMO) for onward lending to small business (SMEs) in
See Original Article

Knotel losing count during US leasing tear

The company is growing so quickly that Eugene Lee, its head of real estate and business development, said even he has a hard time keeping tabs on
See Original Article

Hannon Armstrong Sustainable Real Estate Announces the Closing of a $10.5 million Commercial …

ANNAPOLIS, Md. and OLD GREENWICH, Conn., Oct. 4, 2018 /PRNewswire/ — Hannon Armstrong Sustainable Real Estate (HASRE) – a previously
See Original Article

Housing Prices Are Through the Roof in These 10 Cities

“Over the course of the last five years, house prices in major cities have increased by 35 percent on average," UBS Group AG said in a report on
See Original Article

Uganda's apex bank ups lending rate

Uganda's Central Bank (BOU) has raised its lending rate from 9 percent to 10 percent as inflation continues to bite.The CBR is the rate at which BOU
See Original Article

Farm Real Estate Levels Remain Near Record Highs

Farm real estate values remain near record levels set in 2015, despite a significant drop in farm income and a weak farm economy. The Department of
See Original Article

Is Declining Occupancy Affecting the Senior Housing Market?

Lloyd Jones LLC is a real estate investment, development and … out to Lloyd Jones CEO Chris Finlay for further insight on the senior housing market.
See Original Article

Project Freedom breaking ground on Freedom Village at West Windsor this month

Project Freedom breaking ground on Freedom Village at West Windsor this month

Project Freedom is a non-profit housing developer that specializes in creating … Financing will be provided by the New Jersey Housing and Mortgage
See Original Article

Commonwealth Bank of Australia Raises Stake in Fidelity National Financial Inc (FNF)

Golden Gate Private Equity Inc. boosted its holdings in Fidelity National … Fidelity National Financial, Inc, together with its subsidiaries, provides title
See Original Article

Why nothing will change after the banking royal commission – Australian politics live podcast

The preliminary report released by the banking royal commission found banks have been putting 'the pursuit of short-term profit at the expense of
See Original Article

New Tool Lending Library at The Green Project opens Friday

Unveiled as part of a Community Resource Fair Friday (Oct. 5) from 3-6 p.m. at The Green Project, the Tool Lending Library will offer access to hand
See Original Article

Lending rates high; President laments at Stanchart head office inauguration

President Nana Addo Dankwa Akufo-Addo has stated that the current average bank lending rate of 27.5 per cent is strangulating the private sector.
See Original Article

Square Pushes Further Into Lending

Square moved deeper into lending Thursday, saying it would start letting qualified shoppers finance in-store purchases of big-ticket items.
See Original Article

Risky to bank digitally (13 438 'incidents' in 2017). How to never fall prey…

Last year, criminals launched 13 438 “incidents” across banking apps and online banking, costing the industry more than R250 million, according to
See Original Article

Russians Hacked to Disrupt Doping and Poison Probes, US Says

Justice Department officials at a news conference announcing the indictments wouldn't say why Westinghouse was targeted by the Russians or
See Original Article

Redfin Mortgage opens up shop in Colorado

Redfin Mortgage just expanded into Colorado, its 10th new market since Redfin launched its mortgage lending operations in January 2017.
See Original Article

Warren Builder Charged In Mortgage Fraud Scheme

Warren Builder Charged In Mortgage Fraud Scheme … and others allegedly conspired to fraudulently get mortgage loans with a total value of more
See Original Article

Big changes are coming to the American Express Gold Card and why too much optimism could …

Bond-market bloodbath likely to hit mortgage rates soon — another test for the housing market. Rates for home loans moved down, Freddie Mac said,
See Original Article

Dover Federal names Setnar as Chief Lending Officer

Dover Federal Credit Union is pleased to welcome Vincent Setnar, who has accepted the role of Chief Lending Officer. Mr. Setnar previously held the
See Original Article

Expel CEO Says 'Don't Panic, Be Patient' in Response to China Hack

… on some of the biggest U.S. companies. He speaks with Bloomberg's Amanda Lang and Shery Ahn on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

Banks fail to comply with required Agri-Agra lending

By Melissa Luz T. Lopez, Senior Reporter. BIG BANKS again failed to comply with required lending to the farming sector in June, which came at a time
See Original Article

What Is Known So Far About China's Cyber Attack on the US

… disputed summaries of Bloomberg Businessweek's reporting. Jordan Robertson, one of the report's authors, speaks on “Bloomberg Markets: The
See Original Article

Spokane County's housing prices continue to level off

A total of 737 condos and single-family homes on less than 1 acre were sold during September. Following seasonal trends in the housing market, the
See Original Article

'Big four' accounting firms should face banking royal commission to prove independence, former …

A former forensic investigator at the Australian Securities and Investments Commission (ASIC) has called for the major accounting firms hired to audit
See Original Article

Global CCTV Camera Housing Market Forecast 2018: SONY, Panasonic, SAMSUNG, Philips …

The report presents a widespread study of the global “CCTV Camera Housing market“. It also provides a clear-cut outline of the leading players SONY,
See Original Article

Movement Mortgage cuts 180 workers, citing the slow housing market

Movement Mortgage, citing the continuing deterioration of the housing market, is eliminating approximately 180 back office positions on Oct. 5.
See Original Article

Best's Market Segment Report: US Title Insurance Segment's Results Remain Strong in 2017, But …

A.M. Best is maintaining a stable outlook on the title insurance industry, with the prospects of stable economic and real estate market conditions,
See Original Article

Decades of Betting on Commercial Real Estate Made UK Banks Nothing

Decades of Betting on Commercial Real Estate Made UK Banks Nothing

Decades of Betting on Commercial Real Estate Made U.K. Banks Nothing … The losses suffered when the commercial real-estate market turns sour
See Original Article

100% increase in SA mobile banking crimes – report

If you are an avid user of the more convenient and efficient mode of banking – digital banking – you run the risk of falling victim to a multitude of digital
See Original Article

Investors Love This Stock?: Investors Title Company (ITIC)

Investors Title Company (ITIC):. The company's earnings per share shows growth of 5.60% for the current year . Analyst projected EPS growth for the
See Original Article

David Villa Tacks On Executive Director Title to CIO Gig

David Villa Tacks On Executive Director Title to CIO Gig … for allegedly improperly using fund money to benefit its parent company, LendingClub Corp.
See Original Article

Watch The Walking Dead season 9's totally revamped new title sequence

“I loved that idea,” Kang told Entertainment Weekly. “And so pretty early on in this season, I started talking to this title design company, Huge, which did
See Original Article

Matthews International (MATW) Coverage Initiated at Buckingham Research

Zacks Investment Research upgraded shares of Matthews International from a “hold” rating to a “buy” rating and set a $57.00 price target for the
See Original Article

Germany needs to lure foreign investors in, not scare them off

Before the end of the year, the German government plans to extend its veto right to stop investors from non-EU countries buying stakes in domestic
See Original Article

Fortune 500 company buys software developer founded by Romanian entrepreneur in Cluj-Napoca

Softvision, which is now based in Austin, Texas, works with Fortune 500 clients in financial services, retail, consumer products, healthcare, and other
See Original Article

Weight Watchers International, Inc. (WTW) Position Increased by United Services Automobile …

B. Riley upped their price objective on shares of Weight Watchers International from $103.00 to $113.00 and gave the stock a “buy” rating in a
See Original Article

Liberty Bank Accused Of Racial Discrimination In Lending Practices

Jeff Gentes, managing attorney at the fair housing center, said Thursday that the lawsuit came after a two-year investigation that looked at lending data
See Original Article

Here's Why You Should Buy ICF International (ICFI) Stock Now

A wise investment decision involves buying well-performing stocks at the right time while selling those that are at risk. A rise in share price and strong
See Original Article

Zacks Investment Management Takes $200000 Position in Fidelity National Financial Inc (FNF)

Principal Financial Group Inc. lifted its holdings in shares of Fidelity … Fidelity National Financial, Inc, together with its subsidiaries, provides title
See Original Article

Stewart continues acquisition spree

Less than one month after announcing its acquisition of a Tennessee-based title and escrow company, Stewart has purchased the assets of a Texas
See Original Article

Local students honored by Pickaway Co. Council on Youth Leadership

Local students honored by Pickaway Co. … BHM CPAs, Inc., Circleville Rotary, Circleville Sunrise Rotary, Citizens Land Title Company, Defenbaugh
See Original Article

Mortgage Rates Edge Lower; 30-Year Rate at 4.71 Percent

Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases. Costs for would-be homebuyers
See Original Article

Raymond James & Associates Has $3.55 Million Stake in Ctrip.Com International Ltd (CTRP)

Com International Ltd (NASDAQ:CTRP) by 209.2% during the second … Com International from a “buy” rating to a “strong-buy” rating in a research
See Original Article

Congo miners buying cobalt from artisanal operators to balance market

Congo miners buying cobalt from artisanal operators to balance market … They, in turn, sell to international traders or operating mines with established
See Original Article

Luxury Report Shows Chinese Traveling More, Buying Less—Except for Beauty Products

The number of Chinese traveling abroad has been increasing and they're taking more trips more frequently. And although they account for a fifth of
See Original Article

Which Stock Worth Buying, Honeywell International Inc. (HON) or CommScope Holding Company …

The shares of Honeywell International Inc. (NYSE:HON) and CommScope Holding Company, Inc. (NASDAQ:COMM) were among the active stocks of
See Original Article

LenderClose Hires Dan Davis as Director of Technology

LenderClose has announced the addition of Director of Technology Dan Davis to its team. Davis will apply his knowledge of technology integration
See Original Article

Virtu Is Pursuing Takeover of Investment Technology Group

Virtu Is Pursuing Takeover of Investment Technology Group

Virtu Financial Inc., a high-speed trading firm, is seeking to acquire independent brokerage Investment Technology Group Inc., according to people
See Original Article

He'll Be Justice Kavanaugh on Monday If Betting Line Is Right

It's been a wild ride. The Brett Kavanaugh drama is finally coming to an end, and if the prediction markets are right, the final act will end with him
See Original Article

'Tremendous' Opportunity in Oregon Cannabis Market, New Frontier's Whitney Says

… a fully-legalized cannabis market with Bloomberg's Joe Weisenthal, Caroline Hyde and Romaine Bostick on “Bloomberg Markets: What'd You Miss?
See Original Article

Forget the Minibar. At Fancy Hotels, the New Thing Is the Maxi-Bar

Hotels are turning to new bar experiences as a means to keep luxury customers on their toes—and increase favorable food and beverage margins,
See Original Article

Elon Musk Mocks SEC on Twitter: 'Shortseller Enrichment Commission'

Elon Musk can't seem to help himself. Days after Tesla CEO spurned—then accepted—a settlement with the SEC over his tweets claiming he was
See Original Article

HECM mortgage-backed securities see $1 billion decline

The latest data on HECM mortgage-backed securities reveals issuance is down in the third quarter to $1.7 billion – that's about a billion less than totals
See Original Article

The AI Wars Have Not Even Begun

To gauge by the news headlines, it would be easy to believe that artificial intelligence (AI) is about to take over the world. Kai-Fu Lee, a Chinese
See Original Article

Gorjian Real Estate lands loan for acquisition of 192 Lexington

The loan comes from Citi Real Estate Funding, which assumed the property's existing debt from TD Bank and provided $52.7 million in new debt,
See Original Article

Redfin Mortgage launches in Colorado, its 10th market

Redfin Mortgage launches in Colorado, its 10th market … Redfin Mortgage, the home lending arm of the Seattle-based real estate brokerage, officially
See Original Article

BoT sets mortgage curbs

Mortgage lenders can still extend up to 100% of home value to fund purchases of first homes valued at less than 10 million baht per unit, said Wajeetip
See Original Article

Mortgage Rates Inch Down

Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.71 percent for
See Original Article

Juvenile Fillies: Distance Will Be A Question For Sue's Fortune In Frizette, Popular Covfefe Also In …

Sue's Fortune will look to go three-for-three with a win in Grade 1 Frizette on Sunday at Belmont Park. One of four Grade 1 races as part of the October
See Original Article

Does Facebook Have a Cyberattack Plan? If So, We Need to See It

Last week, a cyberattack on Facebook compromised the accounts of 50 million users—one of the most significant cybersecurity lapses in the
See Original Article

8Twelve Mortgage Corp. Launches New Brokerage Business in Ontario

(“8Twelve”), a premier full-service mortgage brokerage in Ontario, today announced its launch and business operations, with the goal to provide
See Original Article

How backyard cottages could open up Seattle's housing market

Seattle City Council took a step closer toward legislation that would make “accessory dwelling units” easier to build, helping to offset mortgage costs
See Original Article

Allegiant Reverse Services sees uptick in mortgage wire fraud attempts

Across the mortgage lending space, wire fraud attempts are on the rise as hackers become increasingly sophisticated in their methods of deception.
See Original Article

Mixed Data on Q2 Property-Related Credit Delinquencies

There were mixed statistics on property-related credit delinquencies during the second quarter, according to the American Bankers Association's
See Original Article

Vintage postcard will take you back to 1904 banking center in Minneapolis

In the center stands the Minnesota Loan and Trust Company building. Built in 1889, it was originally called the National Bank of Commerce.
See Original Article

Juul Files Lawsuit Against 'Copy-Cat Products' Marketing to Underage Users

Juul Labs filed a complaint on Wednesday with the U.S. International Trade Commission alleging that 18 companies infringed on the company's
See Original Article

Jack Dorsey's Square will start lending for customer purchases

Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payment platform, another move by the company to
See Original Article

Home sales down, inventory up as Seattle-area market cool down continues

Home sales down, inventory up as Seattle-area market cool down continues

Inventory has been increasing, giving buyers more options, but don't expect the trend to continue through the winter.
See Original Article

Stocks fall…Mortgage rates edge lower…Nike reacts to Ronaldo allegations

WASHINGTON (AP) — Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases. Costs for
See Original Article

Movement Mortgage to lay off 180 employees

Movement Mortgage explained to HousingWire that the employees affected by the layoffs are not loan officers, rather they are members of its back
See Original Article

Opinion: Get ready for an 8% to 13% stock market correction

That is the forecast of Hayes Martin, president of Market Extremes, an … likely to hit mortgage rates soon — another test for the housing market.
See Original Article

Single-Family Rental Communities Expanding in Phoenix

… on to just what the rent-centric housing market needs – some new twists on rental … According to John Burns Real Estate Consulting, at least 10,000
See Original Article

'Senators Should Pay Attention.' Retired Supreme Court Justice John Paul Stevens Speaks Out …

Retired Supreme Court Justice John Paul Stevens said on Thursday that Brett Kavanaugh's behavior during the Senate hearing over allegations of
See Original Article

Cybercrime now 55% of gross losses in SA banking industry – report

More than half (55%) of the gross losses due to crime reported to the SA Banking Risk Information Centre (Sabric) occur online. This is according to
See Original Article

Is Kanye West making big moves in real estate development?

Could this mean West is diving deeper into the housing industry? … Until then, HousingWire will update if we discover anymore developments.
See Original Article

Senate Democrats call for federal investigation into money laundering in luxury real estate

… all of New York City, Los Angeles, San Francisco and several other areas. The investigation was later expanded again to include wire transfers.
See Original Article

Ripple effects: Shifting demand creates mortgage winners and losers

Lenders are learning to navigate the rebirth of a purchase market as rising mortgage rates eliminate the incentive to refinance for many current
See Original Article

China May Be on Collision Course With US, Harvard's Allison Says

… why China might be on a collision course with the U.S. He speaks with Bloomberg's David Westin on “Bloomberg Markets: Balance of Power.
See Original Article

Housing Market In Idaho, Mountain West May Be Cooling Off

She expects to see home prices continue to climb, but she says there is some good news on the horizon for home shoppers — there seems to be a
See Original Article

Angel Oak Adds Seven More to Its Team

Angel Oak Mortgage Solutions has announced the addition of six new Account Executives in September to teach brokers and correspondents about
See Original Article

Redfin Mortgage Launches in Colorado

DENVER, Oct. 4, 2018 /PRNewswire/ — (NASDAQ:RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Colorado, announced
See Original Article

Bond Bears Can't Get Their Story Straight

That unexpectedly good news surely set the tone for the world's biggest … From my Bloomberg News colleagues in Sydney, in a piece titled “Bond
See Original Article

Computer Spies Hacked Reality

I think that people mostly get it backwards: The popular view is that … I have a column in the current issue of Bloomberg Markets on the future of
See Original Article

Yields on US Treasury Notes Hit Record High: 5 Bank Picks

However, a hike in interest rate will raise the cost of funds, which in turn will enable the financial sector, especially banks, to widen the spread between
See Original Article

As sales plunge, King County home inventory has biggest jump on record

Sales and inventory numbers are now back to 2012 levels – when the housing market was still buyer-friendly – while prices continue to drop from their
See Original Article

Northwest Indiana housing prices, sales continue to climb in August

Year-over-year housing prices and sales continued to climb in Northwest Indiana in August, bucking a nationwide trend. “If I could describe the year it
See Original Article

Bank of America unveils app upgrades as lenders fight to become one-stop shops for money

When Bank of America bought Merrill Lynch a decade ago, the idea was to meld a vast retail bank with a leading wealth-management brokerage.
See Original Article

Mortgage company laying off workers in Charlotte area, elsewhere

Mortgage company laying off workers in Charlotte area, elsewhere

Movement Mortgage said Thursday it is laying off about 180 employees nationwide, including more than 70 in the Charlotte region, the latest instance
See Original Article

150 percent interest on a loan? Consumer advocates hope the threat of a California ballot measure …

Indeed, California lending law is peculiar in that it strictly limits interest rates, but only on personal loans up to $2,499. In practice, that means smaller
See Original Article

Lending money to friends or family? Register as a credit provider, or else!

I'm hoping this goes to the Constitutional Court… it doesn't sit well with me… — Riccardo Petersen, Norton Rose Fulbright. Everyone who makes a
See Original Article

Mexico's central bank leaves key lending rate unchanged

The Bank of Mexico on Friday left its key lending rate unchanged at 7.75 per cent, a nine-year high, confirming market expectations of a “hawkish hold”
See Original Article

Nick Vertucci Discusses The California Housing Market's Impact On The US in 2018

The California housing market is a significant indicator of general trends happening throughout the country. This is why it is important to understand
See Original Article

CRL Calls for Firing of CFPB Fair Lending Official Who Used N-Word

Patrice A. Ficklin, a CFPB career staff member and Director of its Office of Fair Lending and Equal Opportunity reports to Blankenstein and is quoted in
See Original Article

Report: Los Angeles Housing Shortage Impacting Key Industries

The lack of affordable residential options in Los Angeles is creating a major problem in recruiting and retaining workers for the city's leading industries,
See Original Article

Gulf Allies Pledge Billions in Aid Deals for Bahrain and Jordan

The country has been relying on bond markets to finance its budget and current-account deficits and replenish its foreign-currency reserves.
See Original Article

Red Flashing Light in the Housing Market Could Spell Economic Trouble

An economic forecaster is expecting home price growth to continue slowing, and even reversing, and he thinks that could affect the overall economy.
See Original Article

Florida firm completes acquisition of Mount Laurel's PHH Corp.

Ocwen Financial Corp. of West Palm Beach paid about $360 million in cash for … mortgages that fell short of standards for federal housing agencies.
See Original Article

Poloniex ends margin trading, lending services for US customers

Cryptocurrency exchange Poloniex is removing margin trading and lending products for its customers in the United States, effective “by the end of the
See Original Article

Stock in Server Company Super Micro Cratered After Report Alleging Chinese Hacking

Supermicro qualifies and certifies every contract manufacturer and routinely inspects their facilities and processes closely.” Get Data Sheet, Fortune's
See Original Article

Dow Slides Over 200 Points Despite Positive Jobs Data

“The momentum in the labor market remains strong and we expect the unemployment … Related: Why It's Time to Consider Global Real Estate Stocks
See Original Article

Poloniex to Remove Margin and Lending Products for US-Based Customers

According to a press release on the Poloniex website, the Circle-owned cryptoasset exchange will be removing margin and lending products for
See Original Article

Houston County real estate transfers Sept. 24-27, 2018

Seller, buyer, property location, total purchase price, date … PennyMac Loan Services, ADJ Real Estate Group, 1000 Capstone Drive, $55,481, 09/24/
See Original Article

Highland Park mulling changes to affordable housing rules for residential development

At the time, city staff suggested the near halt to residential development was related to the housing market crash of 2008, the built-out nature of
See Original Article

PRC's Rebuilding Together to offer tool lending library, work space at Green Project

Will Stoudt says he and his Rebuilding Together teams have seen it over and over again: A small issue like a missing window pane develops into a
See Original Article

Undervalued Hexo Drawing Interest From Pot Rivals, Activist Says

Yet in a shift from past comments that the company's not for sale, St-Louis told BNN Bloomberg Television in a Sept. 6 interview that it was a matter of
See Original Article

What the Nation's First Truth in Lending Law for Small Businesses Means for You

This is all thanks to the Truth in Lending Act of 1968, which requires lenders to disclose details such as interest rate, payment schedule, overall cost of
See Original Article

2018 Most Powerful Women in Banking cocktails

The 2018 Most Powerful Women in Banking festivities kicked off Wednesday night with cocktails and conversation at the Alley Cat Amateur Theater in
See Original Article

'An API is sometimes described as a bit like an electrical socket' – video [04:24]

'An API is sometimes described as a bit like an electrical socket' – video [04:24]

Dan Salmons, director of innovation for mortgages, homebuying and ownership at Royal Bank of Scotland kicks off the debate describing an
See Original Article

Mississippi Agricultural Credit and Lending Conditions: 2018

This report is intended to be an informational guide for producers, lenders, and professionals working in the agricultural finance sectors. It is based on
See Original Article

Angel Oak Adds Eight More to Its Team

Angel Oak Mortgage Solutions has announced the addition of seven new Account Executives in September to teach brokers and correspondents
See Original Article

Home Point Financial Adds Phil Shoemaker as Chief Business Officer

the mortgage industry, most recently, serving as Executive Vice President and Chief Operating Officer for Production at Caliber Home Loans. He will
See Original Article

Term Sheet — Thursday, October 4

Good morning, Term Sheet readers. I just got back from Fortune's Most Powerful Women Summit, and I'm severely sleep-deprived but it was worth
See Original Article

Twitter Had a 'Fake News Ecosystem' Around the 2016 Election, Study Says

In a statement to Fortune responding to the study, Twitter's global vice president of trust and safety Del Harvey said Twitter works quickly to remove
See Original Article

Developer Startup JFrog Scores $165 Million In Funding

JFrog CEO Shlomi Ben Haim told Fortune that the startup's latest investment values the company at over $1 billion, but he declined to cite a specific
See Original Article

Freddie re-enters low-income apartment market

Freddie Mac on Thursday announced its first direct-equity investment in affordable low-income apartments since getting the green light to re-enter a
See Original Article

Mortgages

Get details on commercial mortgage options for businesses and entrepreneurs with CIBC Small Business.
See Original Article

Fannie Mae, Freddie Mac, Investor Sentiment And The Housing Market

I've been spending some time studying the housing market and a number of companies that directly and indirectly do business in that industry.
See Original Article

EgyptAir Is Backing Purported Interview With Drew Barrymore

Barrymore has not yet issued an official statement on the article, though a rep told HuffPost that Barrymore “did not participate” in the interview. Fortune
See Original Article

Investors plan major redo for Northeast Dallas apartment community

Beverly Hills-based Concord Real Estate and New York-based Sun Equity Partners bought the Park Ninety Six 90 apartments, a 506-unit multifamily
See Original Article

Vendor Changes and Webinars; Rates – Should Have Locked Tuesday

In bad news, mortgage rates went up about .25% yesterday. … Arrow Partnership, a nationwide provider of management and IT consulting services,
See Original Article

Oh Yes, It Started Out As A Mental Health Bill

One such fact is that Fannie Mae and Freddie Mac have core strengths that are helping them weather the stormy seas of today's financial markets.
See Original Article

CommunityWorks Federal Credit Union merges with Self-Help to offer expanded services for …

… savings products and unsecured personal loans, it knew it would take more than a decade to raise enough money to be able to offer mortgage loans
See Original Article

Spooked by Rising Interest Rates, Investors Flee Real Estate ETF

Many investors use real estate as a defensive fixed-income-like substitute to holding bonds, according to John Zaller, chief investment officer of MAI
See Original Article

Lawrence County records

Kay F. Scott to Round Point Mortgage Servicing Corp., a parcel in Perry Township, … Federal National Mortgage Association, Beaverton, Oregon, vs.
See Original Article

Toronto Real Estate Board sues listings website Mongohouse for $2-million

The Toronto Real Estate Board (TREB) is suing Mongohouse for $2-million, alleging that the anonymously-run property listings website is illegally
See Original Article

Movement Mortgage lays off 180 people in third round of cuts this year

In its August report, Freddie Mac predicts total mortgage originations will come in just under $1.7 trillion — up slightly from 2018 but down from 2017.
See Original Article

MBA and ACUMA in New Education Discount Deal

The Mortgage Bankers Association (MBA) has teamed with the American Credit Union Mortgage Association (ACUMA) on a new education and
See Original Article

Dwolla Helps Bento Box Scale

Dwolla Helps Bento Box Scale

Bento integrated Dwolla's API, resulting in a completely branded experience as users connected their bank accounts and transferred funds.
See Original Article

Square expands its bank-like offerings, letting sellers charge customers in installments

Payments start-up Square is encroaching on even more of traditional banks' territory. The San Francisco-based tech company announced Thursday it
See Original Article

Digital Defense: China Chip Hack Infiltrates US Firms (10/04/18)

… hardware supply chain attack from China. He'll take questions from the audience. Watch every Thursday on Bloomberg.com, Facebook and Twitter.
See Original Article

Investment Banks To Take A Hit In Q3 As Global Debt Origination Volumes Decline

Data compiled by Thomson Reuters estimates that total debt origination fees earned by global investment banks for the first quarter was $6.4 billion
See Original Article

Mortgage rates tick down

“There is upside risk to mortgage rates as the economy remains very robust and this is reflected in the very recent strength in the fixed income and
See Original Article

Freddie Mac re-enters LIHTC equity market with Enterprise Community Investment

As more and more Americans struggle to find affordable housing, Freddie Mac and Enterprise Community Investment have partnered to address this
See Original Article

Merian Global Investors Lowers Stake In Mortgage Advice Bureau (ALLISS)

LONDON (Alliance News) – Mortgage Advice Bureau Holdings PLC said Thursday Merian Global Investors UK Ltd has reduced its stake below 5% in
See Original Article

Ocwen adds economies of scale as its PHH Mortgage acquisition closes

Ocwen is putting plans in place to realize $100 million in savings using resources from its acquisition of PHH Corp., which has just closed. “We believe
See Original Article

House Candidate Edwards Says 'I Am a Free Trader'

… health care to the district's constituents. He speaks with Bloomberg's David Westin on “Bloomberg Markets: Balance of Power.” (Source: Bloomberg)
See Original Article

Which Stock will you hold for a while, Apollo Commercial Real Estate Finance (ARI) or FMC …

The shares of Apollo Commercial Real Estate Finance (NYSE:ARI) and … The facts to analyze here are risks, profitability, returns and price trends.
See Original Article

Robin Hood of the Alps pays for costly mistake after banking on trust

A modern-day Robin Hood has avoided prison in Italy after stealing €1m from the current accounts of wealthy banking customers and distributing the
See Original Article

Mortgage Corp 'Bends Overbackward' For Troubled Loans

“Thirty-two of these loans were government-initiated loans, valued at $5.2 million, and 76 were private mortgages valued at $10.2 million,” he said.
See Original Article

Strategic Cyber Ventures CEO Not Surprised by China Cyber Attack

… of the biggest U.S. companies. He speaks with Bloomberg's Scarlet Fu and Caroline Hyde on “Bloomberg Markets: The Close.” (Source: Bloomberg)
See Original Article

mBank welcomes new AVP Mortgage Loan Officer Matthew Anderson

mBank is pleased to announce that Matthew Anderson has joined the team as Assistant Vice President Mortgage Loan Officer at its newest branch
See Original Article

Housing in the Hermit Kingdom: North Korea's Real Estate Market

South Koreans are quite upbeat about North Korea's real estate market after several inter-Korean summits that signaled Pyongyang's will to open itself
See Original Article

Quant Investor Cliff Asness Hasn't Smashed His Screen This Year—Yet

Real-world investment strategies that are relatively uncorrelated to markets and have positive long-term average returns and are scalable are hard to
See Original Article

Watchung Real Estate Investor Charged In Mortgage Fraud Scheme

Watchung Real Estate Investor Charged In Mortgage Fraud Scheme … and others allegedly conspired to fraudulently get mortgage loans with a total
See Original Article

JPMorgan Makes a Contrarian Call on Emerging Markets

JPMorgan Makes a Contrarian Call on Emerging Markets … They speak with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.
See Original Article

A Former Obama Operative Built a New Anti-Republican Attack Machine

Sometimes researchers will quietly slip it to reporters, hoping it will yield a story and gain the imprimatur of a nonpartisan news outlet. Other times
See Original Article

Top euro banking supervisor asks for more powers

National banking watchdogs still have too much discretion in implementing European law and “more needs to be done” to complete a harmonised
See Original Article

White House Receives FBI Report on Kavanaugh Allegations

White House Receives FBI Report on Kavanaugh Allegations

The White House has received an FBI report on allegations about Supreme Court nominee Brett Kavanaugh, Bloomberg News reports.
See Original Article

People Lining up to buy Lotto Tickets

Tweet lang: A $16 million prize and the highest inflation in 9 years has got people in the Philippines lining up for a shot at winning the lottery—even
See Original Article

Singapore Saw $91B of Overseas Deals Through September of 2018

That's more than doubled for the same period in 2017. Bloomberg's Joyce Koh reports on “Bloomberg Markets: Asia.” (Source: Bloomberg)
See Original Article

Growth in India Has Peaked, Says IDFC Asset Management's Choudhary

… income at IDFC Asset Management, discusses RBI monetary policy and his outlook for India's economy. He speaks on “Bloomberg Markets: Asia.
See Original Article

Sterling National Bank Expands Specialty Finance Team with Key Hires

“As we grow our specialty finance group, their rich backgrounds in asset-based lending, capital markets and mortgage finance will strengthen and
See Original Article

The Big Hack: How China Used a Tiny Chip to Infiltrate US Companies

In 2015, Amazon.com Inc. began quietly evaluating a startup called … Apple, and Supermicro disputed summaries of Bloomberg Businessweek's
See Original Article

Danske Bank Money Laundering Probe Is Widening

… small slice of Europe's dirty money machine. Bloomberg's Tasneem Brogger reports on “Bloomberg Markets: European Open.” (Source: Bloomberg)
See Original Article

Malaysia urges Islamic lenders towards 'value-based' banking

Nine out of 27 banks have adopted the system. Malaysia's central bank has issued guidelines aimed at encouraging the country's Islamic lenders
See Original Article

Thailand to tighten home loans to curb risks

BANGKOK, Oct 4 (Reuters) – Thailand's central bank will tighten mortgage requirements for residential property to curb risks and speculation in the
See Original Article

How Wall Street Views US Treasuries

… between U.S. treasuries and German bunds. They speak with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.” (Source: Bloomberg)
See Original Article

Greece Considers Bank Bad-Loan Plan After Stock Rout

Greece is weighing a plan to help banks speed up their bad-loan disposals, possibly including a government guarantee, in a bid to restore confidence
See Original Article

A Peabody student said a couple tried to abduct him near his school

PEABODY — Police and the Center Elementary School have issued a warning about an attempted abduction. In a letter that went home to parents on
See Original Article

High profile exits mar private banking space

The year has been quite tough for the private sector banking industry which is seeing exit of three high-profile bankers, Chanda Kochhar, Shikha
See Original Article

The Big Hack: Inside the Chinese Cyberspies' Bag of Tech Tricks

… of some of the world's biggest companies, including Amazon.com Inc. and Apple Inc., according to a Bloomberg Businessweek investigation.
See Original Article

Capture benefits of USDA loans

USDA has several types of loan programs — and they are not just for farmers. The USDA home loan is for farmers and other rural and suburban
See Original Article

Input Capital Closes Credit Agreement with HSBC Bank Canada

Input Capital Corp. announced that it has completed its second credit agreement for mortgage stream financing. This one is with HSBC Bank Canada.
See Original Article

KKR's McVey Warns That Margin Degradation Is Coming in 2019

… expectations and how that may impact company margins. He speaks with Bloomberg's Erik Schatzker on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

Muddy Waters' Block on Manulife Short, Pot Stocks, China Hardware Hack

… and the Chinese government's hardware hack of U.S. technology companies. He speaks with Bloomberg's Erik Schatzker on “Bloomberg Markets.
See Original Article

Get the 411 on mortgage lingo

Before you start looking at houses, here are a few key mortgage terms you need to understand before you look into financing the home of your dreams
See Original Article

Mortgage lending in Azerbaijan up

In January-August 2018, banks issued loans worth 155.3 million manats through the Azerbaijan Mortgage and Credit Guarantee Fund CJSC, which is
See Original Article