Why Republicans Fell in Love With Tax Cuts

Why Republicans Fell in Love With Tax Cuts

A new book proposes the shocking explanation that maybe it was just because they wanted to get elected. By. Justin Fox. January 18, 2019, 8:00 AM
See Original Article

Baystate Business: Markets and the Economy (Radio)

Michael Nathanson of the Colony Group talked about the markets. Bloomberg News reporter Ben Steverman talked about his Businessweek piece on
See Original Article

GAO Calls Fannie, Freddie Reform Proposals Shortsighted

Law360 (January 18, 2019, 11:27 PM EST) — Federal plans to release Fannie Mae and Freddie Mac from conservatorship have been too shortsighted
See Original Article

Ethereum's Split Pushed Back Until After Valentine's Day

The developer group that helps manage the Ethereum cryptocurrency network said a delayed software update will now take place on Feb. 27.
See Original Article

CFPB Asks Congress for Authority on Military Lending Act Compliance

This commitment includes ensuring that lenders subject to our jurisdiction comply with the Military Lending Act so our service members and their
See Original Article

Mackenzie Financial Corp Acquires 5333 Shares of Invesco Mortgage Capital Inc (NYSE:IVR)

Mackenzie Financial Corp lifted its stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 19.0% during the 3rd quarter, according to its most
See Original Article

Increase in private lending as banks tighten

A property adviser has seen more and more borrowers heading to private lenders over the last ten months, despite higher interest rates. Zaki Ameer
See Original Article

Pacifica Capital Investments Decreased Its Five Below (FIVE) Holding; Federal Home Loan …

More notable recent Freddie Mac (OTCMKTS:FMCC) news were published by: Seekingalpha.com which released: “A plan for Fannie and Freddie
See Original Article

Savills Studley exec dishes on Denver market trends, 2019 predictions

Workplace strategy consultants are busy working with companies to help them figure out what they can do through their real estate to become more
See Original Article

Regions reports record 2018 earnings from continuing operations of $1.5 billion, up 28 percent …

BUSINESS WIRE)–Regions Financial Corporation (NYSE:RF) today ….. to service approximately $2.7 billion of additional residential mortgage loans.
See Original Article

Local experts weigh in on the housing market

The housing market has been booming in recent years, but how long will the run last? Will 2019 be a seller's market or a buyer's market?
See Original Article

New York's Plan to Kill Coal Is Already Boosting Power Prices

“Electricity markets are already beginning to experience the price effects of the DEC's proposed rulemakings and other policy-related efforts,'' Multiple
See Original Article

Difficult Times For Homebuyers Ahead, Says Economists

Mortgage buyer Freddie Mac states that the current home loan rate of 4.55% on 30 year home loan is higher than last year. Realtors forecast that rate
See Original Article

Bank Of England: Minutes Of The Securities Lending Committee Meeting – November 2018

Bank Of England: Minutes Of The Securities Lending Committee Meeting … participants and authorities to discuss the UK securities lending market.
See Original Article

BlackRock sees securities lending revenue decrease

BlackRock's Q4 2018 securities lending, investment advisory and administration fees revenue decreased $118 million from Q4 2017 and $104 million
See Original Article

PennyMac Financial Services, Inc. Launches Home Equity Lending Product

By taking this step, PennyMac becomes the only major non-bank lender to directly offer this opportunity for customers to tap into the equity in their
See Original Article

Can HNW Investors Still Profit by Investing in Retail Real Estate?

But that's not the story that high-net-worth (HNW) investors should be following in terms of retail real estate. Rather, experts advise, HNW investors
See Original Article

Auto Lending Continues To Drive Credit Union Business

Despite rising rates and slowing loan growth, auto lending has remained relatively robust. Credit unions are still a choice financial institution among
See Original Article

BankThink Keep nonbanks out of the Home Loan Bank System

The Pennsylvania Bankers Association opposes allowing nonbanks to become members of Federal Home Loan Bank System through sponsored
See Original Article

'South West housing market on hold for now' says latest RICS report

The South West housing market ended 2018 on a weak note with uncertainty still biting, alongside continuing lack of stock and affordability issues,
See Original Article

XR Securities LLC Buys Shares of 3588 Expeditors International of Washington (NASDAQ:EXPD)

XR Securities LLC Buys Shares of 3588 Expeditors International of Washington (NASDAQ:EXPD)

XR Securities LLC purchased a new position in Expeditors International of Washington (NASDAQ:EXPD) in the fourth quarter, according to its most
See Original Article

Silchester International Investors LLP Has $6.35 Million Position in Walt Disney Co (DIS)

Silchester International Investors LLP lifted its holdings in Walt Disney Co (NYSE:DIS) by 117.8% during the third quarter, according to the company in
See Original Article

Foreign investors on record China property spree

Shanghai. FOREIGN investors are increasing their presence in China's commercial real estate market, taking advantage of the deleveraging drive that
See Original Article

Form N-CSR MFS SERIES TRUST X For: Nov 30

Freddie Mac, 2.637%, 1/25/2023, 2,595,000, 2,535,641. Freddie Mac, 3.32%, 2/25/2023, 12,000, 12,029. Freddie Mac, 3.064%, 8/25/2024, 3,205,350
See Original Article

Bridge Creek Capital Management LLC Acquires 11300 Shares of International Paper Co (IP)

Bridge Creek Capital Management LLC's holdings in International Paper … A number of other institutional investors have also added to or reduced their … NA increased its position in shares of International Paper by 7.7% during the
See Original Article

The Atlanta International Gift and Home Furnishings Market Kicks Off Winter 2019 Trade Show …

ATLANTA – January 17, 2019 – A strong holiday season and a positive outlook for 2019 drove significant buying at The Atlanta International Gift and
See Original Article

Meeder Asset Management Inc. Boosts Position in Old Republic International Co. (ORI)

Separately, Zacks Investment Research raised shares of Old Republic International from a “hold” rating to a “strong-buy” rating and set a $25.00 price
See Original Article

Pentagon Warns of Risk to Bases, Troops From Climate Change

The report contradicts the view of President Donald Trump, who has rejected the scientific consensus that climate change is real and man-made.
See Original Article

Insider Buying: Finning International Inc. (FTT) Insider Buys C$54360.00 in Stock

Finning International Inc. (TSE:FTT) insider Harold N. Kvisle purchased 2,400 shares of Finning International stock in a transaction on Thursday,
See Original Article

Here's How P/E Ratios Can Help Us Understand International Bancshares Corporation (NASDAQ …

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll look at International Bancshares
See Original Article

How the Government Shutdown Could Derail Super Bowl Travel

If the government shutdown continues, it could cause problems for those heading to the Super Bowl. With just 17 days remaining until one of the
See Original Article

What are three important steps to take when buying a new home?

Because of the many steps involved in buying your first home, the … There are fixed-rates and adjustable rates and mortgage financing for as little as
See Original Article

Davis RM Inc. Raises Holdings in Vanguard FTSE All-World ex-US ETF (VEU)

Bainco International Investors boosted its position in Vanguard FTSE All-World ex-US ETF by 0.4% during the 3rd quarter. Bainco International
See Original Article

Macquarie Group Ltd. Buys 5000 Shares of International Paper Co (IP)

Macquarie Group Ltd. increased its position in shares of International Paper Co (NYSE:IP) by 47.2% in the 3rd quarter, according to the company in its
See Original Article

US Preparing Trump Order to Restrict Chinese Telecoms, Sources Say

The Trump administration is preparing an executive order that could significantly restrict Chinese state-owned telecom companies from operating in
See Original Article

Canopy Growth CEO on Plans to Build First US Hemp Plant

Bruce Linton, Canopy Growth chairman and chief executive officer, discusses and the company's plan to build a hemp plant in New York with
See Original Article

Building & Realty Institute gets upbeat report on the real estate market

But, I think on balance, we're bullish on moving forward. Real estate development is strong,” Kevin Plunkett, director of strategic initiatives for Simone
See Original Article

Pontiac's United Shore plans to hire 800 in 2019

1 overall mortgage lender in America,” Ishbia said. … In September, United Shore returned $1.9 million in brownfield financing to the Oakland County
See Original Article

Home prices hit brakes in December, giving buyers an edge in 2019: Redfin

Fewer houses getting sold helped gains in inventory and brought down the rate of sales price growth to wrap up 2018, according to Redfin.
See Original Article

Fannie, Freddie issue new mortgage lending rules due to prolonged shutdown

Earlier this month, Fannie Mae released guidance Wednesday with new policies on how lenders can originate mortgages during the government
See Original Article

This Company Helps Medical Cannabis Cultivators Access Real Estate Capital

This Company Helps Medical Cannabis Cultivators Access Real Estate Capital

The real estate company has set its sights on the regulated cannabis industry and provides real estate capital to medical cannabis business operators.
See Original Article

Business blends expertise in interior design and real estate

So he called his real estate agent, who also owned a interior design company and has a background in flipping houses. Laurie Coton stopped by his
See Original Article

Century Communities announces model grand opening celebration Jan. 19 for East Garrison …

The Colorado-based Company sells its Century Communities and Wade Jurney Homes in 15 states across the West, Mountain, Texas and Southeast
See Original Article

Arrow Electronics gets larger role with Schmidt IndyCar team

Arrow and SPM co-owner Sam Schmidt first partnered in 2014 on a … “Now, by becoming our team title partner, they have given us the resources to
See Original Article

Cold Calling Is King: How To Start In Real Estate With No Cash

Fortunately, after more than 200 years of technological and societal advances, the barriers of entry to real estate brokerage have diminished, yet those
See Original Article

The Nicest Sears You've Ever Seen Isn't Owned by Sears

Welcome to Mexico, where the thriving retail chain continues to open new stores and attract customers. By. Jonathan Roeder. and. Andrea Navarro.
See Original Article

Chamber Business Minute: Supreme Lending

The Reporter and the The Chamber of Commerce for Greater Montgomery County present this week's business minute: Supreme Lending in Fort
See Original Article

Amherst snowshoe lending program has proven successful

Did you know the Town of Amherst lends out snowshoes FREE of charge for daily and weekend sign outs? You can borrow outdoor sports equipment
See Original Article

DrawBridge Lending Launching New Platform for Bitcoin Holders

CHICAGO–(BUSINESS WIRE)–Jan 18, 2019–DrawBridge Lending, a loan service provider for Bitcoin holders, is launching its lending platform on
See Original Article

Putting the 'instant' in instant mortgages

Perhaps you're seen ads for “Mortgage approvals in minutes!” just by using a mobile phone. They often run during halftime of a football game or
See Original Article

Baker seeks real estate transfer tax hike to deal with climate change threats

BOSTON — Gov. Charlie Baker plans to proposed an estimated $137 million annual increase in the excise tax paid on real estate transfers,
See Original Article

5 tips to help you buy in a slow housing market

The year is expected to be uneventful for Australia's property market as conditions remain the same — the fall in home prices, particularly in cities
See Original Article

MOVES-Swiss private banking group Julius Baer names regional heads

Jan 18 (Reuters) – Swiss private banking group Julius Baer Gruppe AG on Friday named Regis Burger as head of Middle East and Alain Ucari as
See Original Article

Leaked Emails Reveal New Reason Apple, Qualcomm Parted Ways

When Apple Inc. executive Jeff Williams told a courtroom that Qualcomm Inc. cut off chip supply for iPhones, it was compelling testimony in the Federal
See Original Article

CFPB asks Congress for authority to sniff out predatory military lenders

Kraninger's move follows the decision last year by her predecessor, Mick Mulvaney, to stop routine Military Lending Act compliance examinations.
See Original Article

Lampert's $5.2 billion Sears deal gets backing from Bank of America, Citigroup

Lampert is also receiving real estate mortgage financing from hedge fund Cyrus Capital Partners, which has extensive ties to Sears.The deal can be
See Original Article

Why Shares of Fannie Mae and Freddie Mac Soared on Friday

Shares of Fannie Mae (NASDAQOTH:FNMA) and Freddie Mac (NASDAQOTH:FMCC) are surging on Friday, and were up 37% and 32%, respectively,
See Original Article

Wichita-area home sales figures take another dip

Area home sales took another plunge last month as an apparent decline in the market continues. According to fresh numbers released this week by
See Original Article

Change-Ups: Ferris moves HQ to former American Seating site

Churchill Mortgage was named one of National Mortgage News' Best Companies to Work For. CBRE|Martin and CBRE|Grand Rapids were rebranded
See Original Article

Bluff City real estate trends for 2019

Last year was one of growth that brought many promising developments in real estate. Here's a look at what 2019 may bring for Memphis. • Additional
See Original Article

CBRE Named Freddie Mac's Multifamily Lender of 2018

CBRE Named Freddie Mac's Multifamily Lender of 2018

Freddie Mac Multifamily reported $78 billion in total production last year, financing approximately 860,000 rental units, of which more than 90 percent
See Original Article

Ringing in 2019: US Army Veteran Surprised with Mortgage-Free Home in Charleston From …

CHARLESTON, S.C. & NEW YORK–(BUSINESS WIRE)–Operation FINALLY HOME and Lennar are pleased to announce a new project to provide a
See Original Article

4 tips for finding the right real estate coach for you

You can't reach the top without others to push and encourage you to live your best life. If you're thinking about getting a coach, here's what you should
See Original Article

250-acre Frisco project will overlook new PGA headquarters

A development group has bought property in Frisco for a major mixed-use … Dallas-based Stillwater Capital is a private real estate investment and
See Original Article

People moves: Aviva makes three senior real estate hires [updated]

ATP, Danica, Macquarie Capital, Orchard Street, CityFibre Infrastructure, Aviva Investors, CBRE Global Investors, BMO Real Estate Partners, SC
See Original Article

Oklahoma Lands Top Ten Spot in Mortgage Free Homes

Oklahoma ranks sixth in nation for mortgage-free homeowners. According to Move.org, more than 45-percent of Oklahoma's homes are owned free
See Original Article

What's wrong with the Italian property market?

What's going on with Italian property prices? … between different types of property, meaning it's not entirely true that Italian real estate is depreciating.
See Original Article

5 warning signs a real-estate deal is too good to be true

But while good deals do exist in real estate, keep in mind that you often get what you pay for. If a home is listed at a shockingly low price, there's
See Original Article

Black Horse slowed down: Lloyds Banking Group confirms problem with 'Faster' payments

Lloyds and Halifax bank customers have been warned not to make repeat transactions as the group grapples with a technical glitch with Faster
See Original Article

Arlington Partners LLC Takes Position in Old Republic International Co. (NYSE:ORI)

Vanguard Group Inc. grew its holdings in shares of Old Republic … Group, Title Insurance Group, and the Republic Financial Indemnity Group Run-off
See Original Article

St. Louis County developer already sentenced to 5 years in prison admits new financial crimes

Creager also provided a title company with an affidavit that falsely claimed that all subcontractors had been paid so that a home purchase would
See Original Article

Grey Moves in as Agency of Record for Douglas Elliman Real Estate

Grey will be tasked with developing a new global brand strategy, visual identity and digitally-led marketing approach for the real estate brand, which
See Original Article

UFC unveils new Legacy title belt design

When the UFC's new era begins on ESPN tomorrow (Saturday, January 19), it will also mark the start of a new era for the company's championship
See Original Article

Q4 Earnings: Bank CEOs On Cards, Credit And The Consumer

Bank earnings — taken together, let's call them a mixed bag. Or maybe liken them to an onion, with layers of meaning and hints of things to come
See Original Article

Integrated Device Technology, Inc. (IDTI) Analysts See $0.37 EPS; Investors Title Co Has 1.11 …

Analysts expect Integrated Device Technology, Inc. (NASDAQ:IDTI) to report $0.37 EPS on February, 4.They anticipate $0.06 EPS change or 19.35%
See Original Article

Arrow to serve as Schmidt Peterson Motorsports title partner

The Denver-based technology company is now the title partner of the newly branded Arrow Schmidt Peterson Motorsports, providing additional
See Original Article

Lloyds Bank suffers IT outage as customers struggle to send and receive money

Similar statements were issued on Twitter by Halifax and Bank of Scotland, which are part of the Lloyds banking group. Some customers vented their
See Original Article

Turkey sees increase of real estate purchased by Kazakhs

Baku, Azerbaijan, Jan. 18. By Rufiz Hafizoglu – Trend: Kazakh citizens purchased 542 properties in Turkey in 2018, the Turkish General Directorate of
See Original Article

$1.92 Billion in Sales Expected for Fidelity National Financial Inc (FNF) This Quarter

Analysts forecast that Fidelity National Financial Inc (NYSE:FNF) will … Fidelity National Financial, Inc, together with its subsidiaries, provides title
See Original Article

Moody's chief economist: Prolonged government shutdown is “fodder for recession”

Moody's Chief Economist Mark Zandi is warning that growth rates are going to fall and unemployment will rise if the government shutdown goes into
See Original Article

The Week Ahead: Spotlight on AI in Lending

The Week Ahead: Spotlight on AI in Lending

The webinar will focus on how AI is helping lenders achieve a high-tech high-touch environment for their customers. At this webinar, subject matter
See Original Article

Inside REBNY's 123rd Annual Banquet, The Biggest Night In NYC Real Estate

Once a year, New York City real estate players get together for one massive night of schmoozing, boozing and the chance to talk shop. The Real
See Original Article

Pivot Point Watch for Investors Title Company (NASDAQ:ITIC): 1 Month Woodie Level is 174.315

As many veteran investors have already seen, market movements are extremely hard to accurately predict. Financial news outlets are always
See Original Article

First American Financial Corp (FAF) Expected to Post Quarterly Sales of $1.47 Billion

The company is scheduled to announce its next earnings results on … It operates through Title Insurance and Services, and Specialty Insurance
See Original Article

Recent Market Trends Pose Growing Risks To US Housing Finance System – Report

WASHINGTON (UrduPoint News / Sputnik – 19th January, 2019) Fannie Mae and Freddie Mac, the federally backed mortgage housing giants whose
See Original Article

Millville resident to make Wheel Of Fortune debut after 35 years of fandom

Wheel of Fortune's website says more than 1 million people applied last year and 600 of them were selected to appear on the show, the Daily Journal
See Original Article

Arrow Becomes Title Sponsor Of Schmidt Peterson

The team has been rebranded Arrow Schmidt Peterson MotorsportsThe Denver-based technology company will provide additional technical expertise
See Original Article

IRS to Go Easy on Taxpayers Suffering From 2018 Tax Code Confusion

Taxpayers who miscalculated how much they'll owe the Internal Revenue Service this year won't get hit with penalties—up to a certain point.
See Original Article

Investors Title Company (ITIC) Touches $172.67 Formed H&S; 4 Analysts Bullish Q2 Holdings, Inc …

Investors Title Company (ITIC) formed inverse H&S with $184.76 target or 7.00% above today's $172.67 share price. Investors Title Company (ITIC)
See Original Article

Warren demands details on Mnuchin's December calls to bank CEOs

Elizabeth Warren, D-Mass., is asking Treasury Secretary Steven Mnuchin why he called chief executives of the six largest U.S. banks to confirm they
See Original Article

First American Financial Corp (FAF) Position Cut by Louisiana State Employees Retirement System

First American Financial Corp (FAF) Position Cut by Louisiana State … The Title Insurance and Services segment issues title insurance policies on
See Original Article

New-home mortgage applications drop over stock market volatility: MBA

Mortgage applications for new homes declined again as worries over the stock market and the global economy outweighed lower interest rates for
See Original Article

Fannie-Freddie Soar on FHFA Chief's Conservatorship Comment

Fannie Mae and Freddie Mac shares soared Friday amid fresh reports that the Trump Administration is working on proposal that would recommend
See Original Article

See how tech impacts real estate at Urban Land Institute panel

From data transparency to the sharing economy to artificial intelligence, the way real estate operates is quickly, and often quietly, evolving.
See Original Article

Taiwan indicts Bitcoin traders for violations of banking act

After examination of witness testimonies, bank accounts and other evidence, Lin and six accomplices were officially charged with violating Taiwan's
See Original Article

Tremont Mortgage Trust Announces its First Dividend on Common Shares

NEWTON, Mass.–(BUSINESS WIRE)–Tremont Mortgage Trust (Nasdaq: TRMT) today announced its first distribution on its common shares of $0.11
See Original Article

Fannie, Freddie issue more guidelines to mortgage lenders under prolonged shutdown

Fannie Mae and Freddie Mac, in consultation with the Federal Housing Finance Agency, announced new mortgage origination requirements
See Original Article

Real estate news: Santa Ana Unified buys building near JWA for future charter school

Santa Ana Unified School District has bought a 17,635-square-foot, free-standing office building at 2495 Campus Drive in Irvine for $7,847,575.
See Original Article

Fast-growing real estate startup Flyhomes expands to tackle the full cycle of buying a home

Flyhomes wants to solve the often painful experience of buying a house, and to do that, the Seattle real estate startup decided it needs to be involved
See Original Article

There's So Much Inspo on This Real Estate Site

We're not unfamiliar with addiction to real estate sites. We've been afflicted with late-night Zillow browsing, compulsive refreshing of Trulia listings, and
See Original Article

EU Outlines Trade Goal With US in Bid to Bolster Truce

EU Outlines Trade Goal With US in Bid to Bolster Truce

The European Union unveiled a blueprint for a free-trade deal with the U.S. that would cut tariffs on a wide range of industrial goods including cars in a
See Original Article

ATTOM: Foreclosure activity falls to 13-year low

“But there was also some evidence of distress gradually returning to the housing market in 2018, with foreclosure starts increasing from the previous
See Original Article

California Home Sales Close 2018 on Downward Trend as Home Prices Post Mild Gains, CAR …

“California's housing market in 2018 was hindered by endlessly rising home …. in California real estate for more than 110 years, the CALIFORNIA
See Original Article

Tesla Cuts Jobs, Jamaican Stock Exchange Booms (Podcast)

Craig Trudell, Bloomberg News Auto Reporter, and David Kudla, CEO at Mainstay Capital, talk about Tesla cutting its workforce by 7 percent — or
See Original Article

Lending to firms, households tightened

Banks on the whole tighthened lending standards for businesses and households during the fourth quarter of 2018, the Bangko Sentral ng Pilipinas
See Original Article

Lloyds, Halifax and Bank of Scotland banking chaos hits fuming customers – what we know so far

Lloyds, Halifax and Bank of Scotland have apologised to customers after they were left unable to transfer cash. It's thought millions have been affected
See Original Article

UPDATE 1-SocGen and Absa join forces on wholesale banking in Africa

JOHANNESBURG/PARIS, Jan 18 (Reuters) – French bank Societe Generale and South Africa's Absa joined forces in Africa on Friday, partnering on
See Original Article

Is GSE reform just weeks away?

Earlier this month, Mel Watt's time as the director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, officially
See Original Article

Barclays to close another North Wales branch in 'mass exodus' of banking giants

Barclays has announced it is closing another branch in North Wales. The UK's banking giants have shut scores of branches across the region in
See Original Article

GM Could Overtake Tesla as the Most Valuable US Carmaker

The company, which was expected to warn about tough times due to a slowdown in auto markets in Europe and China, dismissed all concerns and
See Original Article

EFSE lending 7 mln euro to BT Mic to back Romanian MSEs

BUCHAREST (Romania), January 17 (SeeNews) -The European Fund for Southeast Europe (EFSE) said on Thursday it has provided a loan
See Original Article

Absa strikes alliance for pan-African banking service

Absa has announced a partnership with Société Générale to form a “pan-African wholesale banking offering” in what the bank described as part of
See Original Article

Real estate best buys in the Cape Fear region

WILMINGTON, NC (WECT) – If you're looking for a home large enough for a growing family at a cost of less than $100 square feet, you may want to
See Original Article

Top South Bay real estate pros share thoughts, hopes for new year

The business of real estate has changed as more agents collaborate with one another and form teams. Although they have assistants, Nunnally,
See Original Article

Fannie, Freddie issue more guidelines for mortgage lenders due to prolonged shutdown

Fannie Mae and Freddie Mac, in consultation with the Federal Housing Finance Agency, announced new mortgage origination requirements
See Original Article

Local real estate market is on a good path

There's good news for those thinking about buying a new home or selling the one they currently own: The real estate market continued its strong
See Original Article

Viewpoint: Let's cut to the Chase in banking wars

The news also comes as Bank of America Corp., which opened its first retail branch in Pittsburgh in September, continues to add retail branches in the
See Original Article

Arrow become title sponsors of Schmidt Peterson Motorsports for 2019

The company will shift from being the primary sponsor of James Hinchcliffe's #5 Honda to become the title sponsor of the whole team. The team will
See Original Article

Frontenac Mortgage Investment Corporation Announces Filing of Corrective 2018 Interim Financial …

18, 2019 /CNW/ – Frontenac Mortgage Investment Corporation (the “Company” or “Frontenac”) wishes to announce that as a result of a review by staff
See Original Article

Real estate transfers: Jan.7- Jan.11

Greater Metropolitan Title Inc As Truste to Northwest Ohio Real Estate … Wealth Building Real Estate LLC An Ohio LLC to Caol LLC, 1222 Idaho St,
See Original Article

Peppa Pig Lifts China Stocks as Grandpa Promo Goes Viral

Peppa Pig Lifts China Stocks as Grandpa Promo Goes Viral

Chinese stocks connected to Peppa Pig surged after a promotional clip for a film featuring the cartoon character went viral. Banbao Co., which is
See Original Article

Barr eases pot banking concerns, but banks still in limbo

But his comments ultimately do little to mitigate the inherent risks associated with pot banking. “It's a reiteration of the status quo and unless and until
See Original Article

The 10 biggest mortgage broker stories this week – 18/01/19

An increase in equity release lending further grabbed the headlines, as well a fraudulent estate agent. This week, it was also announced Emoov is
See Original Article

Third-party providers set to enter banking market

The Law Society Fintech Symposium will hear from speaker Frank Kelly on the Payment Services Directive, which goes live in September this year.
See Original Article

Top Deutsche Bank executive drawn into tax loophole probe

Deutsche Bank's head of investment banking was sent an email in 2007 which discussed a design flaw in Germany's tax code that allowed its clients
See Original Article

ARMOUR Residential REIT, Inc. (NYSE:ARR) Files An 8-K Entry into a Material Definitive Agreement

… such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by
See Original Article

New Infiniti President Goes All-In on Electric Vehicles

“Gently used vehicles are taking away some consumers who could potentially buy new vehicles,” Chesbrough tells Bloomberg in Detroit. “Consumers
See Original Article

Complexity of Indian financial system warrants robust corp governance in banks: Shaktikanta Das

RBI Governor Shaktikanta Das Friday said efforts are being made to strengthen corporate governance in the public sector banks to effectively check
See Original Article

Veros predicts home price growth will weaken in 2019

“While the market fundamentals remain solid and we still expect the overall housing market to remain healthy, there is a definite slowing down of most
See Original Article

Platform reduces 95% LTV mortgage rates

The Co-operative Bank's intermediary mortgage lender Platform has … Platform has cut interest rates on the 95 per cent LTV mortgages by up to 0.10
See Original Article

US Could Soon Pump More Crude Than Saudis Can at Their Peak

America's journey to preeminence in the global oil trade is about to hit another milestone. Propelled by the shale-oil boom, the U.S. is already
See Original Article

Macri's Re-Election Chances Hinge on Economic Recovery, Poll Shows

… gets through 2019 without economic bumps,” said Juan Germano, director of the polling company, in an exclusive interview with Bloomberg News.
See Original Article

Oil Prices Leap as China Is Said to Seek End of Trade Dispute

Futures rose as much as 3.5 percent in New York on Friday after Bloomberg News reported China has proposed a six-year buying spree of American
See Original Article

Harvard: Home remodeling will slow down significantly by year's end

Home improvement and repair activity is going to slow considerably by the end of 2019, according to the Joint Center for Housing Studies of Harvard
See Original Article

Davis Capital Partners Has Lifted Its Position in Signature Bank New York (SBNY) by $11.40 …

… PROVISION FOR LOAN LOSSES $751 MLN VS $586 MLN; 14/05/2018 – Freddie Mac: Krenitsky Joins Freddie Mac From Discover Fincl Services;
See Original Article

Godiva Shortlists Bidders in $1.5 Billion Asia Sale

Bloomberg News reported in November that it's seeking to offload Godiva's Japan, South Korea, Australia and New Zealand divisions.
See Original Article

Alibaba to Postpone Some Hiring and Cut Travel Spending

Alibaba Group Holding Ltd. is cutting its spending on travel and postponing some new hiring as China's largest e-commerce company braces for a
See Original Article

Tesla to Cut Full-Time Employee Headcount by About 7%

… headcount by about 7%, according to a company update, Bloomberg News reports. … More information is available on the Bloomberg Terminal.
See Original Article

Insight Ranks #23 on Fortune's 'Best Workplaces in Technology'

Insight Ranks #23 on Fortune's 'Best Workplaces in Technology'. Jan 16, 2019 … employee feedback to Fortune and Great Place to Work. Insight also
See Original Article

Lightstone Announces New Real Estate Lending Platform

18, 2019 /PRNewswire/ — National real estate investor and developer Lightstone announced today the launch of its new real estate debt platform,
See Original Article

Barr eases pot banking concerns, but banks and CUs still in limbo

Barr eases pot banking concerns, but banks and CUs still in limbo

WASHINGTON—Financial institutions looking to serve businesses in the marijuana industry may have breathed a collective sigh of relief during
See Original Article

How to Get a Mortgage With Bad Credit

You've found your dream home and made an offer. Now comes the hard part: getting a home loan to finalize the purchase. Applying for a mortgage
See Original Article

CertifID Protects $1.2 Billion-Plus in Wire Transfers

CertifID has announced a key milestone. From late 2017 to December 2018, the system has protected more than $1.2 billion from wire fraud.
See Original Article

Arvest mortgage division originates more than $2 billion in loans

FAYETTEVILLE, Ark. – Arvest Bank's mortgage division originated more than $2 billion in loans in 2018, the third time it has done so in its history.
See Original Article

Welcome to Jamaica, Home of the World's Best-Performing Stock Market

The Jamaican stock exchange is so obscure, even emerging-markets funds don't go … Sri Lanka, and Vietnam, the most emerging of the emerging markets. … terms, the most among 94 national benchmarks tracked by Bloomberg.
See Original Article

Tesla Slumps After Cutting 3000 Jobs as Musk Sees 'Difficult' Road Ahead

Tesla shares dropped to as low as $320.40 shortly after the open, costing Musk more than $800 million on paper, according to the Bloomberg
See Original Article

Mortgage rates today, January 18, 2019, plus lock recommendations

Average mortgage rates today opened with mixed results but mostly higher. The Federal Reserve reported that December's Industrial Production
See Original Article

China Offers a Path to Eliminate US Trade Imbalance, Sources Say

U.S. stocks extended gains and the dollar rose following the news. … trading partners, said Tom Orlik, the chief economist for Bloomberg Economics.
See Original Article

Dallas, Texas Housing Market Forecast: One of the 'Hottest' in 2019?

Recent forecasts for the real estate market in Dallas, Texas suggest that home prices in the area could rise faster than the national average in 2019.
See Original Article

Fight for Moray banks taken to Westminster

A campaign to save two key banks in Moray has been taken to Westminster as part of efforts to prevent a “huge blow for local businesses and
See Original Article

Lloyds, Halifax, Bank of Scotland transfers DOWN blocking fast payments

Customers are reportedly facing issues transferring and receiving money through internet and phone banking. The companies said: “We are aware
See Original Article

The 2 Best Real Estate Stocks to Buy in 2019

But investing directly in real estate can come with a slew of risks. … amid a broader sell-off in the overall market, even as housing trends are boosting
See Original Article

LETTER: Value government employees like the mortgage industry

Our “leaders” need to treat the 800,000 government employees and their families in the same manner they treated the mortgage industry.
See Original Article

Accord to introduce new high LTV remortgage range

Accord Mortgages is launching a new range of fixed rate 95 per cent remortgage deals to its product offering. From 22 January, the high LTV deals will
See Original Article

Lloyds, Halifax and Bank of Scotland customers face payments problems

Hundreds of thousands of Lloyds, Halifax and Bank of Scotland customers were unable to make payments from their online accounts today.
See Original Article

HDFC Bank Q3 earnings preview: Here's what to watch out for

“Opex growth at 11 per cent YoY is likely to trail total income growth at about 19 per cent YoY, aided by the bank's strong digital initiatives, leading to
See Original Article

Warren Presses Mnuchin Over Christmas Eve Call With Regulators

18 and obtained by Bloomberg News. The “calls sought to assuage a concern — the liquidity of banks — that neither banking regulators nor executives
See Original Article

Goldman Sachs invests $15 million for supportive housing in New Jersey

Aiming to provide housing options for the state's “most vulnerable populations,” Goldman Sachs is partnering with New Jersey Community Capital to
See Original Article

FHA loan delays from government shutdown loom larger for seniors

While most single-family Federal Housing Administration lending is somewhat insulated from the government shutdown, the impasse is doing more to
See Original Article

JPMorgan Says Recovery of Financial Markets Hinges on Shutdown

John Normand, head of cross-asset fundamental strategy at JPMorgan, discusses market sentiment, the U.S. government shutdown and Brexit
See Original Article

China Offers Path to Eliminate US Trade Imbalance, Sources Say

China Offers Path to Eliminate US Trade Imbalance, Sources Say

… according to officials familiar with the negotiations, Bloomberg News reports. … More information is available on the Bloomberg Terminal.
See Original Article

Home mortgage rates are down but you'd better hurry

Now that mortgage costs have eased off a bit, builders and real estate agents … The decrease in nationwide average mortgage rates to just under 4.5
See Original Article

Fannie Mae and Freddie Mac regulator discussing plan to end conservatorship

The acting director of the Federal Housing Finance Agency has told the agency's employees that the regulator will announce a plan within weeks to
See Original Article

Experts gung ho crystal ball

When the world's largest real estate private equity investment firm, … key trends expected to shape the New Zealand commercial property market in
See Original Article

At UBS, Succession Looms Large as Bank Ponders Post-Ermotti Era

The bank's hunt for top executives who could become the next CEO has gathered pace after the departure of promising leaders in recent months and
See Original Article

Santander opens flagship private banking, select and business customer lounge

Santander has opened what it called its flagship lounge for Santander Private Banking, Select and Business customers in Piccadilly, London.
See Original Article

Alden Knowlton Promoted to AVP of Political Affairs for the MBA

Robert D. Broeksmit, CMB, President and Chief Executive Officer of the Mortgage Bankers Association (MBA), has announced that Alden Knowlton
See Original Article

HSBC and Platform cut mortgage rates as lenders try to 'entice' borrowers – roundup

Alex Smith, mortgage adviser At Capricorn Financial Consultancy, said that January is traditionally a busy time for both purchases and mortgages.
See Original Article

Precise Mortgages reduces minimum lending age to 21

Precise Mortgages has cut its minimum lending age from 25 to 21 for landlords, as well as moving select tier 2 pay rates in line with tier 1. Furthermore
See Original Article

China Said to Offer Path to Eliminate US Trade Imbalance

China has offered to ramp up imports from the U.S. in an effort to reduce its trade surplus to zero by 2024, according to officials familiar with the
See Original Article

Affordable homeownership: possible even in pricey places

Meanwhile, by the start of 2019, mortgage rates had fallen back from their 2018 highs. Still, many wannabe first-time buyers find the financial obstacles
See Original Article

Freddie Mac just had its biggest year ever in multifamily

Of that total, $77.5 billion was loan purchase and guarantee volume, while $500 million came in the form of Low-Income Housing Tax Credit equity
See Original Article

Lloyds, Halifax and Bank of Scotland customers unable to make Faster Payments

Customers of the banks have reported issues making Faster Payments – which are bank transfers that usually happen instantly, but can take up to two
See Original Article

Mandiri strengthens commercial banking division to boost growth

State-lender Bank Mandiri announced recently that it had split its commercial banking division, previously managed under the corporate banking
See Original Article

Prolonged Conservatorships of Fannie Mae and Freddie Mac Prompt Need for Reform

Fannie Mae and Freddie Mac issue mortgage-backed securities, which let lenders use investor cash for mortgage loans. When people default on the
See Original Article

Former Queensland Premier Anna Bligh visits Bendigo to talk banking

The head of the Australian Banking Association has encouraged rural producers worried about their financial circumstances to consult with their banks
See Original Article

California Home Sales Close 2018 on Downward Trend

“The housing market continued to shift in December and drift downward as sales have fallen double digits for the past three out of four months,” said
See Original Article

CFPB Seeks Compliance Authority on Military Lending Act

The Consumer Financial Protection Bureau (CFPB) is asking Congress to grant the agency the authority to supervise for compliance with the Military
See Original Article

Report: Trump Administration Plans Jailbreak for Fannie and Freddie

The Trump administration is planning to end the conservatorships of Fannie Mae and Freddie Mac, according to a report from MarketWatch.
See Original Article

UNIAN: Ukraine's banking system reports profit, first time in five years

The banking system of Ukraine in 2018 made a profit for the first time in five years, said Yakiv Smoliy, head of the National Bank of Ukraine.
See Original Article

A plan for Fannie and Freddie coming soon?

A plan for Fannie and Freddie coming soon?

Fannie Mae (OTCQB:FNMA +10.6%) and Freddie Mac (OTCQB:FMCC +7.7%) gain after a report that the acting head of the Federal Housing Finance
See Original Article

Matthew Tully Joins Sagent Lending Technologies as VP of Agency Affairs and Compliance

Sagent Lending Technologies has announced the appointment of Matthew Tully to its executive leadership team as Vice President of Agency Affairs
See Original Article

US mortgage market stable but facing challenges says Fitch

It says that a new appointment to oversee Fannie Mae and Freddie Mac could result in less government participation in the mortgage market,
See Original Article

Trump Meets North Korean Official Amid Rising Summit Speculation

Vice President Mike Pence told NBC News that the U.S. would seek a “verifiable plan” to declare North Korea's nuclear sites and weapons stockpiles
See Original Article

Lender offers cash-out refis to aid federal workers during shutdown

Better Mortgage has launched a mortgage refinance program to help federal government employees affected by the shutdown utilize their home
See Original Article

Sellers Market Still Holds in Area

The trend of lessening inventory is consistent across the region as the … Local real estate agent Tori McKinney of Rock Star Realty cautioned that it's
See Original Article

BoE predicts mortgage demand to fall

Demand for purchase mortgages has dropped “significantly” in the last quarter of 2018 and is expected to fall further in the coming months, according
See Original Article

'Mortgage prisoners could have saved thousands of pounds' – Star Letter 18/01/2019

This week's top contribution is from Mark Hayman for his response to the article: FCA will not 'hang around' on mortgage prisoners affordability
See Original Article

Lloyds Banking Group confirms borkage affecting 'Faster Payments'

LLOYDS BANKING GROUP'S online services have taken a trip to Borksville, with customers unable to make payments or transfer money.
See Original Article

ARM mortgages are popular again: Are they the choice for you?

The typical 30-year, fixed-rate mortgage in 2017 averaged 3.98 percent, according to Freddie Mac. Historically, that is remarkably low. The average
See Original Article

Wisconsin foreclosure filings hit 18-year low in 2018

Wisconsin posted its fewest mortgage foreclosure filings in 18 years in 2018, reflecting a good economy and low unemployment. Courts in the state
See Original Article

Lloyds, Halifax and Bank of Scotland hit with online banking problems

Customers of Halifax, Lloyds and the Bank of Scotland are unable to make online banking payments. The banks have all confirmed issues with its
See Original Article

Morgan Stanley targets Singapore's rich China entrepreneurs

“The city is a key business hub for China entrepreneurs, as well as a family office nexus,” Vincent Chui, who heads the bank's Asia wealth operations,
See Original Article

Mortgage rates low, lenders urge to buy now

Mortgage lenders and real estate agents say this could possibly be a good time to buy a home with the low rates. “The lower the rates, the more
See Original Article

Duncan Campbell

National Mortgage News. Login Free Trial/Subscribe · National Mortgage News · Resources · Events. All Sections. Origination · Servicing · Technology
See Original Article

IT outage hits hundreds of thousands Lloyds Bank customers

An IT outage at Lloyds Banking Group left it unable to process hundreds of thousands of payments on Friday, with customers at risk of being
See Original Article

Alexandria Ocasio-Cortez and the Revenge of the Millennials

Almost every major new economic initiative proposed by Democrats — the Green New Deal, Medicare for all, debt-free college — has a common
See Original Article

Trump Takes a Step Closer to Impeachment

I've said for months that the evidence against President Donald Trump might demand impeachment at some point, but that we weren't there yet — we
See Original Article

Patisserie Valerie locked in talks over banking lifeline

The cake and cafe chain Patisserie Valerie was locked in talks about securing a lifeline from its banks on Friday after admitting it had uncovered
See Original Article

Apple Ordered to Pull Part of Press Statement in iPhone Case

… the December judgment also ordered Apple to recall the products from resellers, according to a copy of the decision obtained by Bloomberg News.
See Original Article