Mortgage rate increases pull on multifamily investment outlook

Mortgage rate increases pull on multifamily investment outlook

Freddie Mac's Apartment Investment Market Index took a 7.1% hit over the last quarter as investors seem to be paying more per dollar of income for
See Original Article

Geoff Palmer scores $114M refi for 3 properties in Canyon Country

Freddie Mac provided the 10-year, interest-only loan at a rate lower than 4 percent. Ory Schwartz at NorthMarq Capital arranged the financing, the
See Original Article

Rising Mortgage Rates Impact Buying Power

Freddie Mac tracks 30-year fixed mortgage rates since 1971. In 1984, the annual average was 13.84%. Those rates certainly make today rates look
See Original Article

New Residential readies its 1st non-QM resi mortgage bonds

And while New Penn has a history of originating prime jumbo loans – mortgages too big to qualify for financing from Fannie Mae or Freddie Mac – the
See Original Article

First Foundation's $622 Million Securitization of Multifamily Loans

… of First Financial Inc., on its securitization of US $622 million of multifamily loans through a Freddie Mac sponsored “Q-deal” securitization. FFB also
See Original Article

Housing Woes Lift Outlook for Apartment, Home-Rental Stocks

To that end, Freddie Mac said last week that about 78% of Americans view renting as more affordable than owning, a rise of 11 percentage points
See Original Article

San Antonio Student Community Changes Hands

Walker & Dunlop provided a 10-year, $24.9 million Freddie Mac acquisition loan to the buyer. In January, Arrimus acquired a comparably sized luxury
See Original Article

Cramer warns that a 5% mortgage rate is the 'line in the sand' before the economy really gets hurt

The 30-year fixed-rate mortgage rate was at 4.85 percent on Thursday, according to Freddie Mac, after spiking to 4.9 percent the prior week in the
See Original Article

Mortgage Company Inks Suburban Philly HQ Lease

Gateway Mortgage Group has signed a lease for 4,500 square feet of space at Tequesta Properties' The Holtec Center in Marlton, N.J. The privately
See Original Article

Shortage of inventory remains a drag on Wisconsin home sales

In the week ending Oct. 18, Freddie Mac found that the average 30-year fixed mortgage rate was 4.85 percent, with 0.5 points. That compared with
See Original Article

Average mortgage on the market now costs £1000 – as prices hit highest level in 5 years

The average mortgage fee on the market has topped the £1,000 mark for the first time in more than five years as lenders battle to keep their rates
See Original Article

Amari Cooper trade grade: Cowboys mortgage their future

Amari Cooper definitely gives the Cowboys an upgrade at the wide receiver position, but Dallas paid entirely too much to acquire him. Jon Gruden
See Original Article

Northern Rock mortgages: Homeowners trapped on high interest rates

Mark and Lisa Elkins are being forced to sell the house they've lived in for 15 years. They took out a mortgage with Northern Rock back in 2003.
See Original Article

Real Estate in Brief: Market insights, homebuilder leadership and more

The Federal Housing Finance Agency (FHFA), Freddie Mac, and Fannie Mae have announced the launch of Mortgage Translations. The three
See Original Article

First Trust Mortgage Income Fund declares $0.06 dividend

First Trust Mortgage Income Fund (NYSE:FMY) declares $0.06/share monthly dividend, in line with previous. Forward yield 5.37%. Payable Nov.
See Original Article

Mortgage Rates Little-Changed to Begin The Week

Mortgage rates didn't move much today. Lenders who made changes to Friday's rate sheets generally did so toward slightly higher rates. Actually
See Original Article

Universal American Mortgage to pay $13.2m in False Claims Act settlement

Universal American Mortgage has entered a settlement under which it will pay $13.2 million to resolve allegations that it violated the False Claims Act
See Original Article

Why rushing into cannabis and mortgage investment corporations may be a bad idea

The other area of concern for us is the mortgage investment corp. market, which is being portrayed as a safe investment offering a high single-digit
See Original Article

Thousands of Halifax mortgage customers owed compensation for paying too much interest …

Halifax is offering thousands of mortgage customers £20 redress payments after finding they paid too much interest in errors going back as far as eight
See Original Article

Can Freddie Mac (FMCC) Continue to Move Higher? Shares Climb 8.58%

Freddie Mac (FMCC) shares are showing positive momentum over the past week as the stock has clocked in with gains of 8.58%. In taking a look at
See Original Article

To boost credit scores, FICO, Experian, Finicity want bank data

To boost credit scores, FICO, Experian, Finicity want bank data

In a move designed to improve access to financial products for consumers with low credit scores and short credit histories, Experian, FICO and Finicity
See Original Article

Supreme Court to meet again to decide if banks or borrowers pay mortgage tax

In that case, only those who have taken out a home loan in the last four years would be able to so, given that the statute of limitations for such debts
See Original Article

Middle school/youth results

Scoring for Crites Title Company: Arabelle Prater 4, Evelyn Grant 2, Kennedy Smith 2 and Avery West 1. 5th/6th grade girls. Miller Photography 14
See Original Article

Servicing reverse mortgage loans in a hurricane's wake

Sydney Godbehere, first vice president of loan operations at Celink, a reverse-only mortgage servicer, said the first priority is to make contact with
See Original Article

WikiTribune restructures around community following editorial exodus

The title's co-founder, Orit Kopel, has said that it will extend its pilot period while it hunts for a more “community oriented” editorial team that will better
See Original Article

How to Trade McDonald's Ahead of Earnings

… Prosper Trading Academy's Scott Bauer discusses his options strategy with Bloomberg's Abigail Doolittle on “Bloomberg Markets: The Close.
See Original Article

HUD Official Quits After Personnel Announcement Gaffe

Suzanne Israel Turfts, the Assistant Secretary for Administration at the Department of Housing and Urban Development (HUD), resigned on Friday
See Original Article

Trump Plans Exit from Landmark Cold War Arms Treaty (Radio)

Larry Liebert, Bloomberg News national security editor, discusses why President Trump decided to pull out of the 1987 Intermediate-Range Nuclear
See Original Article

Bloomberg Best: John Hudak Sees More Political Gridlock (Radio)

Hosts June Grasso and Ed Baxter feature the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 120 Bloomberg News
See Original Article

How Huda Kattan Built a $1 Billion Beauty Business

Huda Kattan, founder of Huda Beauty, discusses her beauty business with Bloomberg's Vonnie Quinn on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

Selling a home: closing day and funding

But you'll still have to sign a final set of documents, and the title company or attorney must record the transfer with the local government. Only then can
See Original Article

Training & Events; False Claims Penalty; Lender Products & Services

We begin the week with only the Chicago Fed National Activity Index for … In wholesale news, Atlantic Bay Mortgage Group® is continuing its
See Original Article

First look: 28 apartments proposed for Morristown's Schuyler Place

The project by Claremont Companies would replace the Central Jersey Title Company building, and smaller buildings that house the Advantix
See Original Article

HUD in Housing Collaboration Pact With Israel

The cooperative memorandum enables the formal exchange of information and research related to low- and moderate-income housing, mortgage and
See Original Article

Small Wireless Networks Nixed for 5G Coverage (Radio)

Todd Shields, Bloomberg News FCC reporter, discusses an expected vote from the Republican-controlled FCC, which would kill an Obama-era plan
See Original Article

Zillow Starts Denver Home Sales While Eyeing NC

Zillow inaugurated its home-selling Zillow Offers service in Denver today while announcing that it will be expanding the service to North Carolina's
See Original Article

Housing inventory increases annually for first time in three years

Declining home sales and high mortgage rates led to a year-over-year increase in housing stock in September, according to Redfin. Available homes
See Original Article

FHA Revises HECM Servicing Requirements

The Federal Housing Administration (FHA) has revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign
See Original Article

Please Allow Me to Introduce Myself

This is the first of what will be regular daily newsletters for Bloomberg … article on Bloomberg.com or to email me directly (jauthers@bloomberg.net).
See Original Article

7 On Your Side solves New York family's septic situation after buying home

Not the title company. And her home inspector … That means getting a title search, hiring a real estate attorney and get an extensive home inspection.
See Original Article

At This Level, Does Buying Johnson Controls International plc (JCI) Makes Sense?

At This Level, Does Buying Johnson Controls International plc (JCI) Makes Sense?

Analysts at Credit Suisse, assumed coverage of Johnson Controls International plc (NYSE:JCI) with Neutral recommendation, according to their
See Original Article

International Seaways (INSW) Now Covered by Stifel Nicolaus

The brokerage set a “buy” rating and a $25.00 price target on the transportation company's stock. Stifel Nicolaus' target price suggests a potential
See Original Article

Upscale shopping returns with 'Pizzazz' at Fox Chapel Golf Club

It comes to the Fox Chapel Golf Club Oct. 25-28. In the day of international shopping at the press of a finger, Pizzazz delivers buying for fun and a good
See Original Article

Thomas Story & Son Llc Buys Gentex Corp, Service Corp International, The Home Depot Inc, Sells …

Thomas Story & Son Llc initiated holding in Service Corp International. The purchase prices were between $36.09 and $44.2, with an estimated
See Original Article

Insider Buying: CRYO-CELL International, Inc. (CCEL) Director Purchases $94893.00 in Stock

CRYO-CELL International, Inc. (OTCMKTS:CCEL) Director Brian L. Sheehy acquired 14,100 shares of the business's stock in a transaction dated
See Original Article

See how grotesque Jeff Bezos' fortune is in this choose-your-own-adventure game

'You Are Jeff Bezos' is a game that illustrates in detail the truly appalling amount of wealth people are allowed to amass and then just keep to
See Original Article

Erdogan Seizes on Saudi Murder as Chance to Upend Middle East

MBS has “got to go,” Graham, a Republican senator from South Carolina, told Fox News. “Saudi Arabia, if you're listening, there are a lot of good
See Original Article

Not Even China's Largesse Can Improve the Mood

The response suggests that investors view China's efforts at shoring up its ….. A Bloomberg News survey this month of more than 50 economists and
See Original Article

Buy 5 Top Bank Stocks on Surging US Government Bond Yields

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

Molybdenum concentrate prices surge on China buying ahead of 2019 term oxide talks

Moly oxide, which is directly produced from the conc, is traded more actively in international markets than in China, as some steelmakers use more
See Original Article

SMS Firewall Market 2018 – Zagg Inc., Belkin International, Bodyguardz, intelliArmor, Free S …

The research report begins with the introduction of global SMS Firewall market comprising value chain analysis, sourcing strategy and downstream
See Original Article

'Wheel of Fortune,' Margaritaville Team For Promotion

Minto and Margaritaville are very excited to partner with Wheel of Fortune to present this opportunity to the show's dedicated fans who want to grow
See Original Article

Netflix Is Tacking on Another $2 Billion in Debt to Fund New Content

Netflix plans to continue burning through cash in order to fund a push for more original programming and subscribers. The streaming giant on Monday
See Original Article

White House to Encourage Tech Workers to Do Civic Tours of Duty

The White House hopes to gain more tech expertise amongst its ranks with “civic tours of duty.” On Monday, a number of tech giants, including
See Original Article

Trump Floats 10% Middle Class Tax Cut With Election Looming. The Only Problem: Congress Isn't …

President Donald Trump announced a new 10% tax cut would come into effect before the midterms, intended only for the middle class, not for
See Original Article

Oculus Co-Founder and CEO Brendan Iribe Is Leaving Facebook

Get Data Sheet, Fortune's technology newsletter. Instagram co-founders Kevin Systrom and Mike Krieger said in September that they would leave
See Original Article

Cedric Yarbrough Reveals Secrets From His Visit to the Wheel of Fortune Set

PLUS: The former Disneyland performer gives his tips for Will Smith as he takes on The Genie in Aladdin. PEOPLE Now airs live, Monday through
See Original Article

Alibaba announces space plans for its biggest shopping event

Alibaba announces space plans for its biggest shopping event … and a Tmall International communications satellite around this year's Singles' Day,
See Original Article

World stocks push past growth worries in China, Italy

SINGAPORE — World markets rose on Monday, brushing off potential … CHINESE RALLY: Investors appeared to take heart from reassurances from
See Original Article

Got A Spare $400000 And A Yen To Be Exclusive? Apply Next Month To Buy A 216 MPH Ford GT

GT supercar stands on display at the Beijing International Automotive Exhibition in Beijing, China, on Tuesday, April 26, 2016. The show opens to the
See Original Article

10 years later: How the financial crisis reverberated into municipal bonds

10 years later: How the financial crisis reverberated into municipal bonds

Trouble bubbles across the housing market. In its second-quarter report, mortgage giant Countrywide Financial says “softening home prices continued
See Original Article

Best IHDA Mortgage Lenders of 2018

We spent over 400 hours reviewing the top mortgage lenders before … The Illinois Housing Development Authority, or IHDA, offers a variety of
See Original Article

171 Urban Co-Op banks yet to implement core banking; RBI cracks the whip with cyber-security …

Two months after Pune-based Cosmos Bank became victim of a malware attack, in which hackers siphoned off over Rs 94 crore, the RBI has come out
See Original Article

FHA eases document requirements for reverse mortgage insurance claims

FHA eases document requirements for reverse mortgage insurance claims … the types of supporting documentation it will accept on defaulted loans.
See Original Article

Ellie Mae tackling HELOCs with latest Encompass update

Ellie Mae is tackling home equity lines of credit loans with its latest Encompass Digital Mortgage Solution update as signs point to a surge in home
See Original Article

Ellie Mae Announces New Major Release of Encompass Digital Mortgage Solution

PLEASANTON, Calif.–(BUSINESS WIRE)–Oct 22, 2018–Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance
See Original Article

Lufthansa Is Giving Boeing a Shot at New Wide-Body Deal

Deutsche Lufthansa AG is giving Boeing Co. a shot at scooping its next wide-body order with 787 Dreamliners, presenting a challenge to Airbus SE's
See Original Article

CBN Sets Up Mortgage Guarantee Companies

The Central Bank of Nigeria (CBN) has announced the introduction of mortgage guarantee companies, to reduce credit risk in the mortgage finance
See Original Article

Italy Resists EU Budget Pressure on 'Necessary' Breach of Rules

… citizens as it seeks a dialog on the nation's budget. Bloomberg's Alessandra Migliaccio reports on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

Umpqua sells unit behind creation of its app for choosing personal bankers

Umpqua Holdings Corporation is selling the assets of Pivotus, its innovation subsidiary, to Kony, according to an agreement between the two firms
See Original Article

HUD, Israel Ministry of Finance to study affordable housing, mortgage issues

The Department of Housing and Urban Development and the Israeli Ministry of Finance are joining forces through a memorandum of cooperation to
See Original Article

Biden Would Make a Great President, Delaware Governor Carney Says

Delaware Governor John Carney discusses the state's economy and midterm elections with Bloomberg's David Westin on “Bloomberg Markets:
See Original Article

Glencore CEO Said to Tell Investors He'll Retire in 3 to 5 Years

… years, according to people familiar with the matter. Bloomberg's Jack Farchy reports on “Bloomberg Markets: European Close.” (Source: Bloomberg)
See Original Article

Market Raises Concerns That the Fed May Be Making a Mistake

… at BTIG, discuss concerns about the Federal Reserve's rate path. They speak with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.
See Original Article

BoB-Dena-Vijaya Merged Bank to get growth capital

NEW DELHI: The government will provide an additional capital cushion to the proposed merged bank to be formed by amalgamation of Bank of
See Original Article

FHA publishes FAQ on second appraisal mandate for reverse mortgage loans

Reverse mortgage lenders must now submit appraisals to the Federal Housing Administration for a collateral risk assessment before endorsement – a
See Original Article

Trump's Pre-Election Tax-Cut Vow Baffles GOP

… majorities — yet Republican tax policy-makers know nothing about it. Bloomberg's Sahil Kapur reports on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

How Blackstone Landed $20 Billion From Saudi Arabia

… kingdom wanted to be rewarded for its unprecedented commitment. Bloomberg's Gillian Tan explains on “Bloomberg Markets.” (Source: Bloomberg)
See Original Article

Bank Muscat's Izdihar extends GCC footprint

Bank Muscat's Izdihar Real Estate Fund (Izdihar) announced that it has acquired Binghatti Vista and Binghatti Sapphires, two premium residential
See Original Article

Syndicate Bank gets Rs 728-cr capital infusion from government

NEW DELHI: Public sector Syndicate Bank Monday said it has received capital infusion of Rs 728 crore from the government in lieu of preferential
See Original Article

Expert claims vendors are losing tens of thousands of dollars with one slip up

Expert claims vendors are losing tens of thousands of dollars with one slip up

“In a lot of instances the original price guides for the property are too high. This means they're not engaging with the buying market which causes
See Original Article

Sydney auction clearance rate slumps to 44.5 per cent with sellers slow to revise expectations

… auction disposal rate has fallen below 50 per cent – a trend that's pushing the broad mass of the city's housing sector into buyers' market territory.
See Original Article

China's Sept new home price gains led by smaller cities

BEIJING, Oct 20 (Reuters) – China's new home prices increased at a firm pace in September, supported by gains in smaller cities and showing the
See Original Article

RPT-UPDATE 2-China's Sept new home price gains led by smaller cities

(Repeats for Asian morning readership. No change to text.) * Sept new home prices 0.9 pct m/m vs +1.4 pct in Aug. * Yearly growth +7.9 pct in Sept vs
See Original Article

Shoals-area median home sales price sees big September jump from 2017

Shoals-area median home sales price sees big September jump from 2017

ACRE highly recommends consulting with a local real estate professional to discuss pricing trends, as they will vary from neighborhood to neighborhood. The homes selling in September spent an average of 73 days on the market
See Original Article

What payday lenders don't want you to know

Unlike the 136 storefront lenders currently offering high-interest loans in Albuquerque, U.S. Bank is governed by federal law, and its products are not
See Original Article

Banks should cap lending rates too

Kathmandu, October 21. The agreement between commercial banks to cap the deposit rate some 10 days back just before the Dashain vacation has
See Original Article

Removal of fee to investigate reckless lending will impact consumers

The National Credit Regulator has issued notice of its intention to withdraw the reckless lending fee from the debt counselling fee guideline. Neil Roets
See Original Article

Peer-to-Peer Lending in China May Be Going Extinct

There's no shortage of fintech news, and crypto news in particular practically bumps into you in the hallway. Every week, our finance & technology
See Original Article

PCF reports sharp rise in lending portfolio and new business in first full year as a bank

“We have made excellent progress against ambitious targets and our focus on organic growth through existing lending markets has now been
See Original Article

PCF Group Says Lending Portfolio Grew 50% In First Full Year As Bank

LONDON (Alliance News) – PCF Group PLC on Monday said it has traded in line with market expectations as its lending portfolio saw a rise in the
See Original Article

Thee tech trends set to redefine the commercial real estate industry

A new study by French management firm Oresys has highlighted the three biggest trends in the global corporate real estate sector, which is currently
See Original Article

Business Process Management in Real Estate Market 2016 – 2024: Broad and General Facts …

Zion Market Research has recently added the latest report, titled “Business Process Management in Real Estate Market: Global Industry Analysis, Size
See Original Article

Zillow Offers launches in Denver

Zillow Offers launches in Denver

As of today, Zillow Offers, the real estate tech giant's consumer-facing … a comparative market analysis (CMA) from a local real estate agent selected
See Original Article

With cross-border lending expected to slide, Banks worried about Brexit

One measure of London's prominence is the amount of international lending that originates in the UK. A German bank, for example, might provide
See Original Article

PNC Bank To Roll Out Digital Business Lending Platform With OnDeck In 2019

PNC's new digital product brings together one of the nation's largest banks and OnDeck (NYSE: ONDK), the leader in online lending to boost small
See Original Article

Real Estate CRM Software Market Is Booming Worldwide | Pipedrive, Zoho CRM, Bitrix24 …

HTF MI released a new market study on Global Real Estate CRM Software Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread
See Original Article

Zillow Begins Buying and Selling Homes in Denver

“At Atlas, we have always been forward thinking; constantly evaluating opportunities, market trends and exploring new ways real estate can serve as a
See Original Article

The New Boomtowns: 10 Surprising US Cities Where Home Values Are Soaring

The big news in the world of real estate: After years of home prices going up and up and … Not long ago, the housing market in Wichita was in trouble.
See Original Article

PCF Group grows lending volumes by 50%; warns of margin pressure

StockMarketWire.com – Specialist bank PCF Group said it had grown annual lending volumes by 50% and traded in line with its expectations for the
See Original Article

PCF lending portfolio hits £219m at third quarter

It said that its target to hit £350m of PCF lending by September 2020 was on track, and placed the success of its continued growth on the benefits of a
See Original Article

Will RBI's sops ease the liquidity crunch at NBFCs?

The Reserve Bank of India (RBI) on 19 October incentivized banks to lend to non-banking financial companies (NBFCs) and housing finance
See Original Article

Fundamental Changes in the Landscape of Alternative Lending

The company has established a dedicated alternative lending team, introduced major new capabilities to meet a variety of needs and use cases, and
See Original Article

NBFC's impact on financing trends

Similarly, in real estate, banks have reduced their exposures to wholesale lending substantially and shifted the focus to retail loans as a precautionary
See Original Article

Crypto Lender Genesis Reports Robust Institutional Borrowing Activity

Genesis Capital, the lending arm of over-the-counter (OTC) cryptocurrency broker Genesis Global Trading, has recorded robust digital asset lending
See Original Article

PNC Bank Announces New Partnership With OnDeck to Launch Digital Business Lending Platform …

U.S.-based banking firm PNC Bank announced on Monday it has partnered with online lender OnDeck to create a new digital business lending
See Original Article

more 2 life hits £2 billion lending milestone

more 2 life hits £2 billion lending milestone … market and has been achieved through a combination of new lending plus the acquisition of back-books
See Original Article

Morgan Stanley and Goldman Sachs Continue Ramping Up Lending to Wealth Management Clients

Wirehouse Morgan Stanley and its rival Goldman Sachs are increasingly relying on boosting their revenues by lending to their high net worth wealth
See Original Article

Banks Might Have Started Worrying About Brexit

One measure of London's prominence is the amount of international lending that originates in the U.K. A German bank, for example, might provide
See Original Article

Surprising rental market trends to watch in 2019

These trends have hit close to home over the last few years as skyrocketing … No matter what 2019 has in store for the real estate industry, property
See Original Article

Q&A: Retiring IDB VP on how research is pivotal to lending effectiveness

Among other changes, that effort created a vice presidency of sectors and knowledge mandated to use research and data to inform IDB lending.
See Original Article

Business adviser lending an ear to small businesses

BATAVIA — Tim Bock doesn't have a set schedule for when he'll be in the state Small Business Development Center's (SBDC) satellite office in
See Original Article

First mortgage investments shine as banks retreat from lending

A sector that is doing well and experiencing perfect operating conditions is the private lending market. Non-bank private lenders, which were once
See Original Article

Successful Commercial Real Estate PR Is About Telling The Right Story In The Best Way

Successful Commercial Real Estate PR Is About Telling The Right Story In The Best Way

The firm focuses primarily on commercial real estate and telling stories that resonate within that niche community. This approach starts with knowing
See Original Article

REAL ESTATE PEOPLE

Coldwell Banker Residential Real Estate has named Dawn McClure as the new branch manager of the Manatee office, where she will lead about 28
See Original Article

DHL's former EMEA real estate chief joins Gramercy Europe

Paul Graham, the former EMEA head of real estate at DHL Group, the world's leading 3PL provider, has joined Gramercy Europe as non-executive
See Original Article

Banking royal commission lessons likely to be short-lived, warns former ACCC boss

Shocking misconduct that has emerged from the banking royal commission is likely to be repeated as short memories allow complacency to gradually
See Original Article

Risk Reduction Mortgage Launches New Solution

Risk Reduction Mortgage Corp. (RRMC), a New Hampshire-based mortgage product Fintech startup, has announced the launch of its signature
See Original Article

Mortgage stress edges lower but nearly a million 'at risk', says research

Nearly one million mortgage holders are facing mortgage stress and could be under pressure if mortgage rates rise further or unemployment lifts, new
See Original Article

CBN Sets N6bn Minimum Capital Requirement for Mortgage Guarantee Companies

By James Emejo in Abuja. The Central Bank of Nigeria (CBN) has set the minimum capital requirement of N6 billion for the operation of Mortgage
See Original Article

Penalties for banking crime set to rise

The banking royal commission is already taking effect, with plans to introduce legislation to increase penalties for white collar crime this week.
See Original Article

The Irish Times view on bankers' remuneration: No appetite to raise pay

The thorny issue of bankers' pay resurfaced again last week through comments from the two of the most senior directors at AIB, which is 71 per cent
See Original Article

Europe is a lousy place for investment banking

A couple of years before the financial crisis, the head of investment banking at one of the Wall Street giants gave me a prediction. In 10 years' time, his
See Original Article

Frontrunner for EU bank watchdog job faces parliament grilling

Mario Draghi's preferred candidate to head the eurozone's banking supervisor will this week try to win over EU lawmakers and overcome an important
See Original Article

Savings banks to adopt tougher mortgage rules on trial basis from Oct. 31

SEOUL, Oct. 22 (Yonhap) — Savings banks will adopt tougher guidelines for mortgage loans on a trial basis from Oct. 31, officials said Monday, in the
See Original Article

Mortgage Burning Event for Dresden Fire Department

DRESDEN, Ohio – Some thing was burning at the Dresden Fire Department. They held a Mortgage Burning Event at the fire station celebrating the
See Original Article

Fifth Wall Partner on How Technology Is (And Is Not) Changing Real Estate

Fifth Wall Partner on How Technology Is (And Is Not) Changing Real Estate

According to Greiwe, the collision between the real estate and technology world started two to two and a half years ago set off by real estate tech
See Original Article

Monday Matters: O'Neal Real Estate restores former Marylyn Terrace

For more than 90 years, the building at 25th Street and Rogers Avenue in Fort Smith has been a hub of activity at the pace of life. Built in 1926 as
See Original Article

Reality and real estate star shares tips on how to sell your home

Ryan Serhant is no stranger to real estate sales. On the Bravo TV show “Million Dollar Listing New York,” Serhant and his co-stars move some of the
See Original Article

Real estate professionals again show preference for GOP ahead of special election in Henrico

Over the years, Richmond.com has published several data projects using public information. Here's a sampling of some of those projects. – Our annual
See Original Article

Franklin County considers collecting real estate tax twice a year

The county's board of supervisors is considering moving to twice-a-year real estate tax collection. Doing so would create a one-time windfall in the
See Original Article

Does real estate take a winter holiday?

Most people are aware that the spring and summer months are considered “high season” for real estate sales. In most areas of the country, sales
See Original Article

Confluent Development delivers Circa Building on Platte Street

Confluent Development, Denver-based real estate investment and development firm, and Unico Properties, a real estate investor and full-service
See Original Article

Banning foreign buyers seen not solving NZ's home shortage

Real estate data showed foreign buyers, particularly from China, rushing to buy property before the ban comes into effect. Chinese buyer inquiries for
See Original Article

60 real-estate complaints referred for probe

Ministry of Commerce and Industry has referred to the Public Prosecution 60 real-estate related complaints lodged against two companies including a
See Original Article

Zulfi stresses on investment in real estate sector

ISLAMABAD: Special Assistant to Prime Minister for Overseas Pakistanis and Human Resource Development Zulfiqar Bukhari aka Zulfi has said one
See Original Article

Real Estate Slump Tops Wall of Worry

The deterioration has gone on for seven straight months — the worst performance since 2014, when real estate was still recovering from the Great
See Original Article

Real estate brokerage adding second office in Henrico

A local real estate brokerage is expanding in the West End and giving its original home an open-office makeover. Neumann + Dunn is preparing to
See Original Article

GAAP Accounting Rules Spur Shorter Real Estate Leases

NEW YORK CITY—The businesses of real estate firms—tenants are looking into creative ways to comply with the new GAAP lease accounting
See Original Article

Toxic Real Estate, Foreclosure Perks, Shrinking Inventory and Fat Cats

Week in Review: Toxic Real Estate, Foreclosure Perks, Shrinking Inventory and Fat Cats As part of the 10 year retrospective, Roy Oppenheim will be
See Original Article

Hong Kong real-estate mogul Walter Kwok dies at 68

Hong Kong — Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties, died Saturday morning at the age of
See Original Article

Charleston-area commercial real estate sales

Charleston. David Ingle of NAI Charleston represented Evening Post Industries in its $500,000 sale of 33 Line St. to McGrath Real Estate Holdings
See Original Article

NUS-Redas property sentiment index falls sharply on cooling measures

RESI is jointly developed by the Real Estate Developers' Association of Singapore (Redas) and the National University of Singapore's Department of
See Original Article

ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

ING Bank is continuing further down the path of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution,
See Original Article

E-application option for all UOB consumer products

Applications for all of United Overseas Bank's (UOB) consumer banking products can now be done online, so transactions such as applying for a
See Original Article

Fostering a future-proof banking workforce

What will the future financial services workforce look like? In the lead-up to Sibos 2018 Sarah Kruger, Managing Director overseeing talent
See Original Article