The Student Loan Debt Crisis Is About to Get Worse

The Student Loan Debt Crisis Is About to Get Worse

While Wall Street and U.S. President Donald Trump tout news of a booming stock market and low unemployment, college students may be quick to roll
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Record number of applicants scramble for affordable Hong Kong flats in Home Ownership Scheme …

Applications for the 4,431 flats, sold at around half the market rate, closed on Tuesday. The properties, at three housing estates in Cheung Sha Wan,
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Real Estate Fresh Finds: Oct. 17

Real Estate Fresh Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home.
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Trump and Kushner Put Saudi's Money First

The private equity firm told Bloomberg News that the Saudi investment had been contemplated long before Trump was even the Republican nominee.
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Uber, Lyft Drive Toward the 2019 IPO Market

… that Uber Technologies Inc. and Lyft Inc. will come to the IPO market in 2019. They speak on “Bloomberg Markets: The Open.” (Source: Bloomberg)
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In China, Plunge Protection Goes Local in Latest Market Slump

… to reduce risks from share pledging and help liquidity of publicly listed companies registered in the city, according to Shanghai Securities News.
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Penzance closes $255M real estate equity fund, its first

Penzance DC Real Estate Fund LP is a first for the company. Its representatives declined to disclose investors' names but said there are commitments
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After Nafta Rewrite, Brazil's Bolsonaro Eyes Mercosur Overhaul

… an overhaul of the South American trade bloc Mercosur in case he wins the country's top job this month, a senior adviser told Bloomberg News.
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Making the Bear Case for Netflix

… of competition it faces in streaming media. He speaks with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.” (Source: Bloomberg)
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Trump Plans to Withdraw From Postal Treaty, Squeezing China

President Donald Trump plans to withdraw the U.S. from a 192-nation treaty that gives Chinese companies discounted shipping rates for small
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Trailing in Polls, O'Rourke Lays Into Cruz in Texas Debate

San Antonio (AP) — Democrat Beto O'Rourke abandoned his usual message of unity and optimism and laid into Ted Cruz, hoping to reverse polls that
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Once Seen as a Local Issue, Affordable Housing Is Becoming a State Focus

The United States' housing market is at its least affordable in a decade. An October report by the Urban Institute found that one in four rural renters
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Why Trump Should Sell Grain to Iran

For ordinary Iranians, a sudden shortage of tomato paste, is an omen that U.S. sanctions, combined with their government's mismanagement of the
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It's Goodbye to Supertanker U-Turns on the High Seas

“Traders make a margin on responding to events,” said Alan Gelder, vice president for refining, chemicals and oil markets at consulting firm Wood
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Growth Entirely Driven by New Products, Says Roche CEO

… in China and the impact of the trade war on his business. He speaks exclusively on “Bloomberg Markets: European Open.” (Source: Bloomberg)
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They've met 475 Tuesdays in a row to help real estate pros rebound from the housing crash

Major banks were about to fail. The stock market plunged. And in Florida, “real estate stopped completely,” Ronald Weaver says. A Tampa real estate
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Prudential Sheds Too-Big-to-Fail Tag as FSOC Eases Regulation

… regulators agreeing to drop the firm's label of too big to fail. He speaks with Bloomberg's Kevin Cirilli on “Bloomberg Markets.” (Source: Bloomberg)
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Kentwood Real Estate Announces the Opening of Northern Office in Fort Collins

DENVER–(BUSINESS WIRE)–Kentwood Real Estate, an affiliate of Berkshire Hathaway, today announced the opening of a new office in Fort Collins,
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Kyriakos Mitsotakis Has Big Investment Plans for Greece

“This is our biggest bet — to convince everyone, the markets, the creditors, investors and of course the Greek people; to build confidence in the country
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Oil Tightens Squeeze on Airlines as Flybe Drops Most Since 2011

Rising oil prices that have already wiped out two European airlines since September have claimed another victim: Britain's biggest carrier on domestic
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NJ Edges Closer to Legal Pot on Weed Banking, Sales-Tax Bills

NJ Edges Closer to Legal Pot on Weed Banking, Sales-Tax Bills

Lawmakers have introduced bills to create a state bank for cannabis-related businesses and exempt medical marijuana from the sales tax. They also
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Number of Real Estate Teams are Growing, NAR Survey Finds

WASHINGTON, Oct. 17, 2018 /PRNewswire/ — Teams are becoming more common in the real estate industry as an increasing number of Realtors®,
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Native American Bank Invests in Technology to Serve the Underserved

Native American Bank, the only national American Indian-owned certified Community Development Financial Institution (CDFI) in the country,
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Bank Stocks on Shaky Ground After Big Reports

Major banking funds have broken key support levels and dropped to 2018 lows, overwhelmed by eight Federal Reserve rate hikes and the most
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These were the top 10 outer borough loans in September

Bronxfield Property Partners – $96.2 million … Adam America Real Estate and Slate Property Group received a $63 million loan from Deutsche Bank
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The Best Dividend Bank Stock In (North) America

TD's 5-year annualized total shareholder return is 16.7% making it one of the best long term investments in the North American banking sector for total
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Bitfinex Raises New Questions with Banking Solution

One of the suggestions was that Bitfinex would not fully notify banks they are working with a crypto exchange and instead use shell companies and
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Three businesses are 'banking' on generosity of staff, community to stock shelves of Harvest Food …

There is always a need at the Harvest Food Pantry in Cut Bank. Their shelves are never as full as the demand. Enter Stockman Bank, First Interstate
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Fintech makes inroads in US banking market, but revenue share minimal — Accenture

NEW YORK: Financial technology startups and other new entrants are making inroads in the US banking market, but have yet to capture a threatening
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Banking royal commission: Cost of bad behaviour rising rapidly, set to pass $7b

So just how much will the banks' bad behaviour unearthed at the financial services royal commission cost them? $2 billion? $3 billion? How about
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Real Estate And The Business Cycle – The Perfect (Selling) Storm

Yields rising are not the reason for the recent REITs sell-off. The real reason is the fact that we are in the late phase of the business cycle curve.
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nCino Announces Partnership with Mascoma Bank to Transform Retail Offerings

WILMINGTON, N.C., Oct. 17, 2018 /PRNewswire/ — nCino, the worldwide leader in cloud banking, today announced that $1.7 billion-asset Mascoma
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Fintech making inroads, but US bank revenues little changed: report

By Anna Irrera. NEW YORK (Reuters) – Financial technology startups and other new entrants are making inroads in the U.S. banking market, but have
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Yes Bank says RBI reaffirmed CEO Rana Kapoor's successor to be appointed by February 1

India's Yes Bank Ltd on Wednesday said the Reserve Bank of India has reaffirmed that a successor to chief executive officer Rana Kapoor should be
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OPINION: Cashless-society banking requires local solutions

Africa's working-age population is expected to grow by 450 million people by 2035, according to the World Bank, and the continent is projected to
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The plight of anyone who becomes too comfortable with their banking pay

If you work in banking, my warning to you is this: don't get too comfortable with your pay. It will be your undoing if you do. I spent nearly four years
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10 Must Reads for the CRE Industry Today (October 17, 2018)

Tiny Rooms, Shared Kitchens: Co-Living on the Rise in Big Cities “Co-living, a budding real-estate trend often derided as an extension of college dorm
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AREC NYC Real Estate Trek

Join AREC for an all-day trek to NYC to visit notable companies, such as Related and CBRE. Buses to and from Ithaca will be provided free of charge.
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DLD, TRA to regulate real estate ads in Dubai

The MoU aims to regulate real estate advertisements by setting an operational framework in the control departments, thus reducing misleading real
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Real Estate Agents Answer: What's The One Thing You Wish Sellers Knew?

We've already had agents answer what they wish buyers knew about going into the home buying process. Now, it's time to turn the tables. We asked
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'The Best Home-Buying Advice I've Heard, Ever'

'The Best Home-Buying Advice I've Heard, Ever'

While I was house hunting, a mortgage lender gave me the great advice to deviate from the standard 30-year mortgage and look into a 15-year
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Seven-Year Wait for Mortgage Cuts Nigerian's Dream of a Home

(Bloomberg) — Pius Okebe has waited so long for a loan to build a house in Nigeria's commercial hub of Lagos that he's worried he may be getting too
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Nigeria in New Push for Mortgage Growth to Boost Housing Market

The measure is part of efforts to boost home ownership in a country where only 50,000 people out of almost 200 million have housing finance.
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The Mortgage Lender unveils higher LTV range

The Mortgage Lender has expanded its residential product range with higher loan-to-values, more targeted pricing, reduced completion fees and a
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State revokes license after mortgage investigation

The Illinois Department of Financial and Professional Regulation Division of Banking confirmed it has revoked the mortgage loan originator license for
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Limoneira Announces National Homebuilders, Lennar and KB Home, to Lead First Phase of …

Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the Company's homes and
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Wells Fargo Home Lending announces eNotes purchase program

Wells Fargo Home Lending has announced that it is set to launch an eNote program following an agreement with eOriginal to enable the purchase of
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Genworth Mortgage Insurance launches borrower benefit program

Upon closing a mortgage loan with a participating Lender, eligible borrowers who register for the program can select one of three benefits: Appliance
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Why the Government's affordable loan scheme was flawed from the start

Unlike Central Bank mortgage rules, which limit mainstream lenders to 3.5 times salary, councils use a different metric – home loan repayments
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American Financial Resources, Inc.'s Wholesale Division to Offer Floify's Digital Mortgage Point-of …

American Financial Resources, Inc.'s Wholesale Division to Offer Floify's Digital Mortgage Point-of-Sale Solution to its Network of Broker Partners.
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Mortgage fraud is rising, according to a new report

While stricter regulations after the bubble burst and fines on mortgage lenders who knowingly approved fraudulent loans curbed the practice,
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BMO Harris to cut up to 170 mortgage jobs

BMO Harris has become the latest financial institution to slash its mortgage workforce. The bank is cutting scores of bank branch mortgage-lending
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The Mortgage Lender raises maximum LTV to 90% in residential revamp

The Mortgage Lender has updated its residential product range with higher … The lender has increased its product tiers from three to seven, with an
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Shadow bank share of mortgage market soars by 30 per cent with lower rates

The analysis is based on the latest Australian Bureau of Statistics analysis of the percentage of owner-occupied housing loans financed by non-banks.
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Ocean City Helps Housing Authority with Affordable Housing Project

The only problem was the New Jersey Housing and Mortgage Financing Agency (HMFA) would not approve the expanded project unless additional
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E.ON joins forces with BNP Paribas Personal Finance to help UK home owners unlock energy …

E.ON and BNP Paribas Personal Finance UK have today announced a new collaboration to bring innovative Green Mortgages one step closer to the
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Indiabulls Housing Finance Tumbles On Exposure To Default-Rated SuperTech

Shares of Indiabulls Housing Finance Ltd. tumbled again, but this time not because of fears stemming from IL&FS crisis. Investors now seem to be
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Lendesk Announces Canadian Mortgage Lender Network with Top Lenders

Mortgage Technology Leader Partners with Canada's Top Institutional Lenders to Streamline Industry Processes. VANCOUVER, British Columbia
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State revokes Schaller's mortgage loan license

The former manager of a mortgage company's now-defunct Springfield branch was involved in fraudulent activities to obtain 10 loans and hatched a
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Greece Is Trapped

Greece Is Trapped

… a substantial amount of money both for the initial equity for the “bad bank” and to recapitalize lenders unable to replenish capital from the markets.
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China Cuts US Treasury Holdings for Third Straight Month

China's holdings of U.S. Treasuries fell for a third consecutive month in August as the Asian nation struggles to prevent the yuan from weakening amid
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What's in a Name? A Lot If It Links a Billionaire to China's Xi

“We are trying to correct the rumors that Li Shufu's wife is President Xi's sister-in-law,” a Geely spokesman told Bloomberg News Wednesday.
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Nordea Money Flows Questioned as Browder Seeks Nordic Probes

Nordea Bank Abp, Scandinavia's biggest lender, now risks being dragged into a money laundering scandal that has rocked the Nordic and Baltic
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Brexit Bulletin: An Unworkable Plan

On the Markets | Pound traders are beginning to accept they may have to wait longer for clarity on a divorce, write Bloomberg's Charlotte Ryan and
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Mueller Ready to Deliver Key Findings in His Trump Probe, Sources Say

Special Counsel Robert Mueller is expected to issue findings on core aspects of his Russia probe soon after the November midterm elections as he
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US Futures Slip, Dollar Rises as Good Mood Fades: Markets Wrap

U.S. Futures Slip, Dollar Rises as Good Mood Fades: Markets Wrap … The Bloomberg Dollar Spot Index advanced 0.1 percent, the largest gain in two
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Don't Expect India's Bullet Train to Be On Time

India's bullet train project is moving at the pace of a commuter train instead. A year after the project was kicked off, only 0.9 hectares of land have been
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Dollars Are Out, Euros Are In as US Sanctions Sting Venezuela

Venezuela said it will shun the greenback and inject 2 billion euros ($2.3 billion) into its sinking economy as U.S. sanctions limit the cash-strapped
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Kai-Fu Lee 'Deeply Saddened' by the Death of Paul Allen

Kai-Fu Lee, Sinovation Ventures chief executive officer, reflects on the legacy of Microsoft Corp. co-founder Paul Allen. He speaks with Bloomberg's
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IBM Misses Sales Estimates, Casting Doubt on Growth Engines

… was $3.42, IBM said Tuesday in a statement, compared with the average projection of $3.40 a share, according to data compiled by Bloomberg.
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Why Riposte Capital Wants Hexo to Consider a Sale

… explains why he's publicly urging Hexo Corp. to consider a sale. He speaks with Bloomberg's Shery Ahn and Amanda Lang on “Bloomberg Markets.
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Saudis Know to Act Fast on Khashoggi Probe, Pompeo Says

Saudi Arabia understands the need to conclude its investigation into the disappearance of government critic Jamal Khashoggi in a timely and rapid
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US Cannabis Business Signs Up Former Canadian Prime Minister

The U.S. cannabis industry is adding another prominent name from the world of politics. Brian Mulroney, a Canadian conservative who negotiated the
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Trump Says It 'Would Be Bad' If Saudi Prince Knew of Khashoggi's Fate

In a Bloomberg interview on Oct. 3, Prince Mohammed said it was his … be taken,” McConnell said Tuesday in an interview with Bloomberg News.
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Artificial Intelligence's Impact on Real Estate

Artificial Intelligence's Impact on Real Estate

When it comes to corporate real estate, technology has been used as a main source for managing portfolios and reporting metrics, creating new virtual
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Real estate transactions Oct. 16

Oct. 1. Matthew A. Scott and Amy R. Scott to Jacob Hicks, Stewart and Thompson's Addition, lots 8 through 10, block 1. Dmitriy V. Panchelyuga and
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Share market update: Realty shares dip; Indiabulls Real Estate plunges 6%

Indiabulls Real Estate (down 6.23 per cent), Sunteck Realty (down 4.98 per cent), DLF (down 2.94 per cent), Brigade Enterprises (down 2.00 per cent)
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Sanibel's new numbers show water quality affecting real estate

Sanibel Island has released staggering new numbers of the ongoing water quality crisis affecting Southwest Florida. Reportedly, 16,791 people
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Urban Development Institute hosts annual event on real estate industry outlook

“You have reason to be a little bit nervous because there's certainly a tide of anti-development sentiment that's building in the market today,” Ferreira
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How the Internet of Things Is Changing Real Estate

Even a traditional and ancient sector like real estate is not left behind in these disruptive changes as the Internet of Things (IoT), one of the most
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Baird & Warner Celebrates Accolades at Real Estate Industry Awards

Each year, Chicago AgentMagazine asks broker associates throughout Chicagoland to vote for the real estate professionals and companies they feel
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CBL: Great Real Estate Coming Available As Sears Vacates Hamilton Place

CBL: Great Real Estate Coming Available As Sears Vacates Hamilton … to us to take advantage of the great real estate that's becoming available.”
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Naples real estate to be featured on House Hunters

Naples real estate to be featured on House Hunters … The Southwest Florida real estate market is getting national attention, thanks to the show House
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Ribbon-cutting Wednesday for Boardman real-estate brokerage firm

BOARDMAN — The Youngstown/Warren Regional Chamber announced the date of a ribbon-cutting event has been moved to 10 a.m. today.
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Is Your Group Missing Out on .realestate?

For a limited time only, members, firms and boards of the National Association of REALTORS® (NAR) have exclusive access to purchase .realestate
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Real Estate Lawyers On The Move

Lisk, who represents real estate investment funds, lenders, developers and hotel owners and managers, decamped Eckert Seamans Cherin & Mellott
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Bitfinex Introduces Top Secret Banking System

After being forced to suspend fiat currency deposits last week, when HSBC terminated its proxy banking relationship, Bitfinex assured customers that
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Netflix Crushes Estimates, Renewing Faith After July Letdown

International markets accounted for 84 percent of new customers, the … far above the 7.18 million average of forecasts compiled by Bloomberg.
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Obituary for Sally Jo Schmidt Ashby

She began her career working for Trans America Title Company in 1975 through 1990. She attended Crossroads Community Church in Pine Bluffs
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McConnell Says Senate Will Act on Judges Quickly After Election

Majority Leader Mitch McConnell said the Senate will move quickly after the Nov. 6 election to confirm more of President Donald Trump's judicial
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Chancery Asked To Boot Real Estate Co. Manager, Seize Docs

Law360 (October 16, 2018, 6:05 PM EDT) — A company with an ownership stake in a real estate holding company that operates 12 residential
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Lending interest rates on the rise at VN banks

HÀ NỘI – Interest rates for Vietnamese đồng loans have increased in the past two months after holding steady in the first half of the year. Reports from
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Commercial property lending soars 27% in H1 despite flat investment market

New lending in the UK commercial property market in the first six months of 2018 increased sharply even though the investment market was largely flat
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Is Fidelity Real Estate Investment (FRESX) a Strong Mutual Fund Pick Right Now?

Is Fidelity Real Estate Investment (FRESX) a Strong Mutual Fund Pick Right Now?

If you've been stuck searching for Sector – Real Estate funds, consider Fidelity Real Estate Investment (FRESX) as a possibility. FRESX carries a Zacks
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Pretium Explores Up to $5 Billion of Rental-Home Sales

Pretium owns more than 26,000 rental homes in 15 markets, which it operates through its property-management arm, Progress Residential. Even a
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Facebook Has a New Plan For Fighting Voter Suppression Tactics—And For Once It Involves …

Facebook's ongoing crusade against election-related abuse of its platform will involve the removal of some (but not all) disinformation that's designed
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Why Asymmetric Advisors Removed SoftBank From List of Recommended Buys

… senior strategist at Asymmetric Advisors, discusses why they cut SoftBank from their list of recommended stocks. He speaks on “Bloomberg Markets:
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El-Erian Warns a Global Growth Divergence Will Complicate Markets

Mohammed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, discusses how a global growth divergence can impact
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This Is What Mobile Chip Designer Arm Wants to Add to 5G Networks

… Arm, tells Fortune. Henry, who worked previously at Nvidia and Sandisk, said he joined Arm last year specifically to attack this new market segment.
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Starbucks Is Brewing Up Massive Growth in China

… there as one of its “three strategic priorities,” said Starbucks CEO and president Kevin Johnson at the Fortune Global Forum in Toronto on Tuesday.
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Why the proposed 10pc roof on mortgage is still too high for buyers

With an average home loan size at Sh10.9 million in 2017 repayable in nearly 12 years, very few Kenyans can afford to own a home through bank
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'We Will Not Do Hybrids:' Rolls-Royce Has a Plan to Go Straight to Electric

Hoping to buy a Rolls-Royce hybrid at some point? It's not going to happen. According to the BMW-owned company's CEO, Torsten Müller-Otvös,
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Transwestern forms alliance with Canadian real estate firm Devencore

Privately owned commercial real estate firms Transwestern Commercial Services and Canada-based Devencore have formed an alliance to
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Rauner on real estate: What's needed in Illinois

While national politics may not always have an effect on local real estate, the Illinois state elections will certainly affect Chicago CRE. Last month, in
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Moody says he'll keep company, real estate if elected

BANGOR, Maine (AP) — Republican gubernatorial candidate Shawn Moody says if elected, he intends to keep his stake in his companies and real
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The Rise of the Real Estate Disruptors

Fifth Wall Ventures Principal Vik Chawla, Opendoor Co-Founder JD Ross, and Cadre Co-Founder and Chief Executive Officer Ryan Williams talk
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Trump Calls Stormy Daniels 'Horseface' After Dismissal of Libel Suit

President Donald Trump called adult film star Stormy Daniels “Horseface” in a Tuesday morning tweet related to his Monday win in the courts. Daniels
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Banks cut lending 'over election fears'

Many commercial banks will restrict lending plans ahead of the 2019 general elections, the Managing Director, Afrinvest West Africa Limited,
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Join Us for 'House Party,' a Podcast on Real Estate, News, and Pop Culture

At realtor.com, we're really into real estate—what the trends are, who's buying and selling, and the most insightful advice we've come upon. Now
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Miami Property Management, LLC Now Accepting New Clients

Our team has over 20 years of combined experience in our local markets, while we always remain up-to-date with the latest real estate trends, and
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FDC: Brexit may push up lending rates in Nigeria

The United Kingdom's imminent departure from the European Union (EU) could lead to the Central Bank of Nigeria (CBN) stepping up monetary
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Real Estate Software Market Analysis and In-Depth Research On Market Dynamics, Trends …

The Real Estate Software Market research study is a highly diligent study on competitive landscape analysis, prime manufacturers, marketing
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FNF Group of Fidelity National Financial Inc. (FNF) Moves Higher on Volume Spike for October 16

Fidelity National Financial Inc is a title insurance company. It provides title insurance, escrow, and other title-related services. The firm also provides
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Menstrual Disc Startup Flex Raises $3.5 Million, Acquires Menstrual Cup Startup Keela

Menstrual Disc Startup Flex Raises $3.5 Million, Acquires Menstrual Cup Startup Keela

Sign up: Click here to subscribe to the Broadsheet, Fortune's daily newsletter on the world's most powerful women. “People don't understand the
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Climate change and the coming coastal real estate crash

Amid the havoc Hurricane Michael caused on blocks of waterfront property in Mexico Beach, Florida, a single home stood out after the storm cleared,
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Newmark Completes $712.7 Million of Commercial Mortgages During 3Q2018

Newmark Completes $712.7 Million of Commercial Mortgages During … Production in this asset class is approaching financing volumes of $400
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Ten Years Later: What Did the Financial Crisis Teach Us?

Angelo Mozilo, the former CEO of Countrywide Financial—a lender brought down by its risky mortgages and later acquired by Bank of America,
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First American taps e-closings for more efficient mortgage process

The company will integrate technology from loan closing platform Snapdocs and mortgage fintech Nexsys to facilitate the e-closings. Pilot testing is
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Sen. McConnell on Khashoggi, Midterms, US Deficit, Nafta 2.0

… Khashoggi, the midterm election, the new Nafta deal and China trade. He speaks with Bloomberg's Kevin Cirilli on “Bloomberg Markets: The Open.
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Pacific Income Announces Search for Real Estate Entrepreneurs Who Seek Mortgage Financing

We work with real estate entrepreneurs who seek growth capital, but who may have difficulty receiving traditional financing. Property owners and
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Investors Are Now the Most Bearish on Global Economy Since Crash

On the contrary, the share of fund managers who said quantitative tightening was the biggest tail risk to markets more than doubled to 31 percent,
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Apple Apologizes for Hacked Accounts in China

… and are extremely attractive to malicious hackers hoping to swipe some cash from users. Apple did not respond to a Fortune request for comment on
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NKY city wants to connect real estate owners with growing businesses

The city of Covington this week resurrected “Covington Real Estate Leads,” a biweekly email blast designed to connect businesses looking to move or
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Trump Slams Elizabeth Warren's 'Bogus DNA Test'

Sen. Elizabeth Warren may have hoped to finally set aside any uncertainty about her Native American ties by releasing a DNA test on Monday, but
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Mortgage payments are climbing twice as fast as home values

Here's a sobering thought if you're looking to buy a new home: Mortgage payments are climbing twice as fast as home values. A new report from
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Should Businesses Withdraw From 'Davos in the Desert?'

At Fortune's Global Forum in Toronto on Tuesday, international economist Dambisa Moyo and international relations expert and managing partner of
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UPDATE 1-US mortgage supply expected to drop in 2019, rise in 2020 -MBA

(Adds details, quote). Oct 16 (Reuters) – Mortgage lending at U.S. banks is expected to drop in 2019 as rising borrowing costs likely reduce demand
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Nomura to pay US $480M over 'fraudulent' securities

… mortgage agencies Fannie Mae and Freddie Mac since their 2008 takeover by the federal government after the collapse of the US housing market.
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Reverse mortgages: Making a powerful tool easy to understand

“Prior to 2008, many seniors saw a reverse mortgage as a 'loan of last … If your house is paid off or has a small remaining mortgage loan balance, you
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The US Cities Most Flooded with High-End Apartments

But in terms of scale, nowhere is the luxury segment flourishing more than in Texas. Giant real estate hubs Dallas-Fort Worth and Houston metro take
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China May Have $5.8 Trillion in Hidden Debt With 'Titanic' Risks

“The markets are right, in our view, to feel more concerned about the sustainability of China's debt and the increased financial risks,” said Liu Li-Gang,
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Nomura agrees $480m penalty to settle US mortgage probe

Nomura has agreed to pay $480m (£364m) to settle US claims relating to the mis-selling of mortgage-backed securities ahead of the financial crisis.
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Bitcoin Scalability to Power Next Bull Run, Pantera's Krug Says

He speaks with Bloomberg's Caroline Hyde at the Sooner Than You Think Conference on “Bloomberg Markets.” (Source: Bloomberg)
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REVEALED: The Companies with the Biggest Losses in the Fortune 500

REVEALED: The Companies with the Biggest Losses in the Fortune 500

This year's Fortune 500 marks the 64th running of the list, published by Fortune magazine to rank 500 of the largest US corporations by total revenue
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What Corporate Leaders Are Saying About That Dire Climate Change Report

“There's a great sense of urgency to move,” said Lynn Good, Chairman and CEO of Duke Energy, speaking at Fortune Global Forum in Toronto,
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Pretium Partners Acquires Selene Holdings

Founded in 2012, Pretium Partners is a leading alternative asset management firm focused on real estate, mortgage finance and corporate credit.
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`We're Not Google' Won't Cut it for TomTom

TomTom NV's pitch to customers is simple: it's not Google. Yet as jittery as carmakers might be about letting the Alphabet Inc. unit into their vehicles,
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Homebuilder sentiment unexpectedly rises amid solid demand

… months amid falling lumber prices and solid demand, according to a report Tuesday from the National Association of Home Builders/Wells Fargo.
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Future Is Electric, Says Volkswagen's Stackmann

… demand and deliveries in China, the future of diesel, the outlook for his electric line. He speaks exclusively on “Bloomberg Markets: China Open.
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Mortgages to first time buyers jump to highest level since June 2017

First-time buyers propped up the mortgage market in August, with the number of new loans to the group climbing to its highest level since June 2017,
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Midwest Commercial Real Estate Hall of Fame: Colliers' Matt Langfeldt

Each year, Midwest Real Estate News runs its Midwest Commercial Real Estate Hall of Fame issue, highlighting the careers of the most successful
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Colleges Are Baffled by Bitcoin Donations

The University of Puget Sound got an offer it wasn't sure how to accept. A recent graduate had hit the jackpot and wanted to make a donation to the
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Pretium Partners buys mortgage servicer founded by Lewis Ranieri

Pretium Partners is buying Selene Finance, a residential mortgage servicer, from funds managed by Oaktree Capital Management and Ranieri
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Rusty 1958 Porsche 356 stored for 35 years worth small fortune

Porsche is celebrating its 70th anniversary this year with the auction of a rusty car that's been parked half as long. And the little sports car could sell for
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There's at Least One Chinese City Getting Busy Banning Pre-Sales

A document seen by Bloomberg News last month floats the possibility of starting a trial in some cities, particularly for new land plots. That would fit
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Term Sheet — Tuesday, October 16

At Fortune's Brainstorm Tech Conference in July, Khosrowshahi said he doesn't think Uber needs to be profitable before going public, but that there
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FHFA, GSEs Launch Online Resource to Help Mortgage Lenders Serve LEP Borrowers

Recognizing that limited English proficient (LEP) borrowers make up a growing share of today's mortgage market, the Federal Housing Finance
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This is a bad sign for the US housing market

A survey released today by Freddie Mac says some 78% of Americans view renting as more affordable than owning a home. That's up a whopping 11
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Harry's Labs Launches Flamingo, a New Brand Specifically for Women's Hair Care and Grooming

“We used and fell in love with the products for ourselves,” Melnick tells Fortune, about the path from Harry's to Flamingo. “While we loved having so
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Siemens CEO Joe Kaeser: This Is the 'Single Biggest Challenge' Facing Business Today

Because it's a massive societal divide,” he said Tuesday during a panel on artificial intelligence and the future of work at the Fortune Global Forum in
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Data Sheet—Fortune Global Forum Talks China, Drug Pricing, and Nobel Winners

Hi again from Toronto, where the annual Fortune Global Forum kicked off Monday with conversations about China, global investments, drug pricing,
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Your Mortgage: Getting a loan can seem scary

By Mike Miles. Halloween is nearly here already. That means television networks think it's a good idea to play the new Halloween movie (Michael
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How Real Estate Helped Burt Ward Become Batman's Robin

During my junior year, I sold real estate for my father. One day, I after showing a producer a property, I performed a scene for him. Impressed, he sent
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CVC Shares Report Detailing Modus Operandi, Type of Lending in Top 100 Bank Frauds With Govt

CVC Shares Report Detailing Modus Operandi, Type of Lending in Top 100 Bank Frauds With Govt

The analysis focussed on the modus operandi, amount involved, type of lending (viz. consortium or individual), anomalies observed, loopholes that
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Secure Insight Partners With DocMagic on New Online Training Program

Secure Insight noted that while lenders have made good progress installing digital mortgage point-of-sale solutions, it is just the initial step to
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Real Estate Software Market – Global Industry Analysis & Outlook 2012-2022 : IBM Tririga, Oracle …

The Market Research Study titled Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Real Estate Software Market
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Mortgage Prepayment and Path-Dependent Effects of Monetary Policy

We argue that the presence of substantial household debt in fixed-rate prepayable mortgages means that this question cannot be answered by
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Why Mattress Firm blanketed the Houston real estate market

On the newest episode of Looped In, Nancy Sarnoff and Chronicle retail reporter Paul Takahashi deep dive into Mattress Firm's strategy of
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Elizabeth Warren, Chief Funding, Saudi Arabia: Broadsheet October 16

Fortune. • Passing storm. A federal court judge in Los Angeles yesterday handed a victory to Donald Trump in the libel lawsuit filed by porn star Stormy
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McConnell Rules Out Vote on New Nafta Trade Deal Before 2019

I had not heard that it might be possible to address it this year,” McConnell said in an interview with Bloomberg News Tuesday in Washington.
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How to Make Sure You Get the Best Home Loan Possible

Finding your dream home is just one part of the home purchase process. The other part is finding a home loan that fits your needs and your budget.
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New Penn Launches LoanScorecard's Portfolio Underwriter

LoanScorecard has announced its expanded partnership with New Penn Financial, launching AUS for the Correspondent Division's SMART series
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Opinion Fintech innovation is becoming a must-have for mortgage lenders

Innovation, disruption, change — these words are not generally associated with the mortgage industry. But in a digital age where consumers'
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Homebuilder sentiment improves in October as lumber prices fall

However, newly built homes come at a price premium, and builders are still largely focused on the move-up market, although some are starting to
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Netflix Spoiled Us Rotten

… up for its service during the quarter (analysts predict about 5.5 million new subscribers on a net basis, according to data compiled by Bloomberg).
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Thanks to CPEC, Gwadar real estate business on the rise

ISLAMABAD: The real estate business in Gwadar is attracting investors from across the country as the city is being considered a business hub in near
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Siemens CEO Undecided on Attending Saudi Arabian Conference

“I haven't made up my mind yet, but I need to,” Kaeser said, speaking at the Fortune Global Forum in Toronto on Tuesday. “This is a very serious topic
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Trudeau Still Canadians' Top Pick for Taming Trump, Poll Shows

In a Nanos Research poll conducted for Bloomberg, 39 percent of Canadians say Trudeau is the best for managing ties with the U.S. president.
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Mortgage rates move down for Tuesday

Several benchmark mortgage rates ticked downward today. The average rates on 30-year fixed and 15-year fixed mortgages both fell. The average
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Rising Interest Rates Send Mortgage Payments Climbing Twice as Fast as Home Values

SEATTLE, Oct. 16, 2018 /PRNewswire/ — Buyers' monthly housing costs are growing rapidly as mortgage rates have risen significantly since the
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China's Stock Rout Puts $613 Billion of Share Pledges at Risk

Brokerages were told to seek government approval before selling shares pledged as collateral for loans, Bloomberg News reported in June, while the
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Chicago will still be a homebuyer's bargain well into the 2020s. But …

A high affordability rating is the silver lining in Chicago's housing market, which has been among the slowest-growing in major U.S. cities for most of
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Moody Says He'll Keep Company, Real Estate Stakes if Elected

Republican gubernatorial candidate Shawn Moody says if elected, he intends to keep his stake in his companies and real estate. Moody's Collision
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raceAhead: PayPal and SAP CEOs on Diversity

raceAhead: PayPal and SAP CEOs on Diversity

I spent the morning with two busy tech CEOs who made it clear that diversity and inclusion is simply non-negotiable in the modern world. And yet
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J Ventures provides digital lending analytics service

J Ventures Co, a fintech platform developer under SET-listed Jay Mart Plc, has launched a digital lending analytics service to tap as many as 40
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Pretium Capitalizes on Mortgage Servicing with Selene Acquisition

Founded in 2012, Pretium Partners is an alternative asset management firm with a focus on real estate, mortgage finance, and corporate credit.
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ABA Survey Finds Online, Mobile Most Popular Banking Channels

Seven out of 10 Americans said they most often access their bank accounts via online and mobile channels, according to a new ABA/Morning Consult
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Millennials are buying the Netflix dip ahead of earnings (NFLX)

Millennials are buying the Netflix dip ahead of earnings (NFLX) … expecting domestic subscriber net additions of 600,000, and international subscriber
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Tick-Talk: Watch buying secrets from 5 global experts

Advice for first-time watch buyers: Do your research, talk to people and read up. If you're buying vintage, buy from someone with a good reputation.
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Builders Bet on the Housing Market

Three straight months of decline in lumber prices, along with a solid demand for housing increased the confidence of home builders, according to the
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Troy University Students Lending A Hand in Hurricane Michael Relief

Troy University students are coming together to help fellow classmates whose homes were destroyed during Hurricane Michael. Student Kristen
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Here's Why You Can Feel Optimistic About The Future Of Healthcare

… and public insurance—many of the frustrations are the same, said a panel of experts at the Fortune Global Forum in Toronto, Canada on Tuesday.
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Instacart Raises Another $600 Million, Bringing Value Up to $7.6 Billion

Grocery delivery service Instacart wrapped up another round of funding with $6 million, bringing its overall evaluation to $7.6 billion, CNN reports.
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Who Will Inherit Microsoft Paul Allen's Fortune?

He is survived by this sister Jody, who appears to be in line to inherit his massive fortune. However, because Allen was such a philanthropist, how will
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Southern Kentuckians lending a helping hand for Hurricane Michael victims

SOMERSET, Ky. (WKYT) – A southern Kentucky funeral home is a drop-off location for items needed to help Hurricane Michael victims. A tractor-trailer
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Breaking Down Netflix's Earnings and Subscriber Growth Forecast

They speak with Bloomberg's Caroline Hyde, Scarlet Fu and Joe Weisenthal on “Bloomberg Markets: What'd You Miss?” (Source: Bloomberg)
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Austin housing inventory falls 12%; suburbs tell different story

Austin-area home prices continued to climb in September and the number of homes available in the city limits of Austin is notably down, according to
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Belliveaus Cove lobster outfit charged with buying from Aboriginals gone belly up

Belliveaus Cove lobster outfit charged with buying from Aboriginals gone belly up … Grant Thornton is acting as receiver for Guang Da International.
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Digital Consumers Want it All. Here's How to Keep Up

Andrea Stairs, general manager of eBay Canada and Latin America, and Ning Tang, founder of CreditEase, talked to Fortune's Phil Wahba about how
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KBRA Assigns Preliminary Ratings to Flagstar Mortgage Trust 2018-6RR (FSMT 2018-6RR)

The FSMT 2018-6RR pool comprises 910 first-lien, prime residential mortgage loans with an aggregate principal balance of $326,147,792 as of the
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$120 Billion Doesn't Make Uber a Real Company

… a fraction of its revenue, is trading at about 7 times its revenue for the past 12 months, according to Bloomberg data. Facebook Inc. is around 8 times.
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Joel Kan: 3% to 4% growth predicted for the purchase market

The purchase market is due for a rebound, according to Joel Kan, Mortgage Bankers Association associate VP of industry surveys and forecasts.
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Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market 2018 Feature Trends …

The report also discusses the market review and forecast to 2023. … Utility, Real Estate, Journalism, Cinematography, Transportation, Energy Sector.
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