Homebuyers Brace for Pain in a Post-Pandemic Market

Homebuyers Brace for Pain in a Post-Pandemic Market

Record-low housing inventories, rising demand and higher prices will strengthen the argument for renting next year. By. Conor Sen. December 1
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Lithuania's housing market is still healthy

House prices up 3.42% during the year to Q3 2020. Lithuania's housing market remains robust, with the five major cities' apartment price index
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Triten expands industrial real estate portfolio through tank trailer deal

The Northeast Houston property is located at the intersection of major thoroughfares, Beltway 8 and Highway 90. The 58,700-square-foot facility has a
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A Hot Winter For The Housing Market

The market is still hot in our area. So hot that homes are flying off the shelf. Consider the average 50-year-old home, selling for 10 percent more than it
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Record-breaking Rockford housing market continues to climb

ROCKFORD, Ill. (WTVO) — While the COVID-19 pandemic has caused problems across multiple industries, the local housing market continues to
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Duluth home prices hit new record as market stays hot

DULUTH – This fall's red-hot housing market has more than made up for time lost to the pandemic this spring. Through October, closed sales in the
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Housing drives rise in construction spending October

A strong housing market continued to fuel construction spending this fall. Construction spending grew an estimated 1.3 percent in October to $1.43
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Fueled by booming housing market, forestry sector 'going strong'

It might be tough going for first home buyers, but investors aren't the only ones reaping the rewards of the country's booming housing market. The local
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Experts: Montana luxury real estate market 'insane' in 2020

Primarily, our buyers are vacation-home buyers. We've always done well in that sector.” According to the Federal Housing Finance Authority's repeat-
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Home sales boom benefiting suburbs more than city

The Chicago-area housing market boom continued this fall, with the number of sales and median prices rising sharply in October—but the runup is
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Australia's housing market continues the recovery trend: CoreLogic

According to CoreLogic's latest research, housing demand continues to rise due to the broad range of stimulus measures and changes in market
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What could be driving home prices up? Logan Mohtashami explains

In this episode, Mohtashami discusses his recent article that focuses on rapid home-price growth in the 2020 housing market and delves into factors
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AEI housing market indicators, December 2020

The American Enterprise Institute's Housing Center released its monthly update to the AEI Housing Market Indicators on December 1st, 2020.
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Luxury Real Estate Market Research including Growth Factors, Types and Application by regions …

Luxury Real Estate Market Research Report covers the present scenario and the growth prospects of the Keyword Industry for 2020-2026. The report
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Glut of SPACs will lead to 'heartbreak,' say IPO experts

Buyer made the remark at Fortune's virtual Brainstorm Tech conference where she spoke alongside Ashley MacNeil of Morgan Stanley and Paul Ryan
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Current Mortgage Rates — November 30: Rates Mixed as November Comes to a Close

Like with the 20-year loan, 15-year loans have higher monthly payment costs but lower total interest costs than the 30-year alternative. In this case, the
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Share of mortgage loans in forbearance ticks up for second week

Share of mortgage loans in forbearance ticks up for second week

The MBA now estimates the number of homeowners in some form of mortgage forbearance increased from 2.7 million to 2.8 million this past week. Prior
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Online notarizations usher in era of trusted transactions

With the housing market's potential now at a 13-year high point due to a … This column does not necessarily reflect the opinion of HousingWire's
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Your Mortgage: Even Santa is refinancing

Mike Miles from Fountain Mortgage walks you through the mortgage process. It's that time of year again. You've rolled out the Christmas tree, hung the
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Fed, Treasury to extend 4 lending facilities to March 31

The letter prompted a swift rebuke from the central bank, which said it … the unused funds, during a hearing in front of the Senate Banking Committee.
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Simplifya, NatureTrak, and HDCS Form Alliance to Deliver a Cannabis Banking Compliance …

Despite legal cannabis markets in 35 states, and continuing record-breaking sales growth, the financial services industry has been reluctant to bank
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LendUp Launching Ahead, a New Digital Banking Brand

This will be a complete digital banking and financial health platform for their core market, the emerging middle class. I caught up with CEO Anu Shultes
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2020 HW Tech Trendsetter: Andy Taylor

2020 HW Tech Trendsetter: Andy Taylor. Credit Karma, General Manager. December 1, 2020, 12:01 am By HousingWire Staff. Share On.
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2020 HW Tech Trendsetter: Brian Zitin

2020 HW Tech Trendsetter: Brian Zitin. Reggora, Cofounder and CEO. December 1, 2020, 12:01 am By HousingWire Staff. Share On.
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Uday Devalla: Mortgage Servicers Can Boost Retention, Engagement with Technology

PERSON OF THE WEEK: Mortgage lenders have made great strides in automating the origination process and delivering a smooth and intuitive
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“Wheel of Fortune” Fans Have Strong Opinions About Pat Sajak Calling a Contestant “Ungrateful”

25 Wheel of Fortune episode for being “ungrateful.” And fans still aren't over it. It all started when player Darin McBain was asked to name four things
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Zoom Founder Eric Yuan's Fortune Falls $3.1 Billion As Stock Plunges Following Earnings Report

The drop in the share price pushed Zoom founder Eric Yuan's fortune down by $3.1 billion, to $17.9 billion as of 4:00 p.m. ET on December 1, Forbes
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Consumer demand for new credit intensifies during Covid-19

Consumer debt levels rose in the third quarter, driven by mortgages and car loans. Average consumer debt increased to $74,897, up 3.3% compared
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Lessons from DeepMind's breakthrough in protein-folding AI

This is the web version of Eye on A.I., Fortune's weekly newsletter covering artificial intelligence and business. To get it delivered weekly to your in-box
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Today's Best Mortgage and Refinance Rates: November 30, 2020 | Rates Tick Up

Money's mortgage rates include data from over 8,000 lenders across the … People looking for mortgages in Nevada saw the highest average rate at
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Uplift 2020: The Second Edition of the Free Virtual Real Estate Summit Organized by Auctm

The event will feature 12 real estate industry experts as panelists in 9 interactive sessions from 14th to 16th December 2020. The sessions will witness
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Downstate investor Alan Schnurman buys another property in Clifton Park

Real estate is so methodical. If you're thinking you're going to flip any property, you're much smarter than me.” “I must have visited the
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Mortgage Magic partners with Access Financial Services

Mortgage management platform Mortgage Magic has signed an agreement to provide mortgage and protection brokerage Access Financial Services
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Real estate: Biotech company lease allows big East Bay expansion

The building that Agenus leased is part of the three-building Bay Center Offices campus that is owned by Iowa-based Principal Real Estate Investors
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Neesvig's deal moves Fortune 'solidly' towards $1bn sales goal

In January, O'Scannlain told Undercurrent that Fortune's annual turnover is currently around $300m and that future acquisitions and organic growth
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Buying non-performing real estate notes from banks presents a great opportunity, but it's not …

Conduct a market analysis to assess the property's potential in the open market; Confer with an attorney experienced in filing real estate related lawsuits
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HousingWire's Tech100 nominations open for 2021

HousingWire's Tech100 nominations open for 2021

Is your company revolutionizing the housing industry through new and innovative technologies? Then the Tech100 awards are for you. HousingWire
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Cadence Bank Enhances its Online and Mobile Banking Experience by Offering Zelle®

Customers can use Zelle to send money within Cadence Bank's mobile banking app or online banking. Money sent with Zelle goes directly from one
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2020 HW Tech Trendsetter: Brian Pannell

2020 HW Tech Trendsetter: Brian Pannell. DocMagic, Chief eServices Executive. December 1, 2020, 12:01 am By HousingWire Staff. Share On.
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CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing

SANTA MONICA & MENLO PARK, Calif.–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce a US$13 million growth capital
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Reliance Bank launches key worker mortgage product range

Reliance Bank have unveiled the launch of an updated key worker mortgage product range. The product range has been designed to support home
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2020 HW Tech Trendsetter: Brian Donnellan

2020 HW Tech Trendsetter: Brian Donnellan. Bright MLS, President and CEO. December 1, 2020, 12:01 pm By HousingWire Staff. Share
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UPDATE 1-NY Fed's Logan says Fed emergency lending programs could be revived if needed

(Adds Logan remarks from moderated discussion). Dec 1 (Reuters) – The emergency lending programs the Federal Reserve set up during the
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2020 HW Tech Trendsetter: Jeff Allen

2020 HW Tech Trendsetter: Jeff Allen. Clear Capital, Executive Vice President, Innovation Labs. December 1, 2020, 12:01 am By HousingWire Staff.
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COVID-19 forced changes in banking industry, data shows

“With the pandemic accelerating the decline in branch foot traffic and forcing customers to adopt digital banking solutions, many banks have begun to
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2020 HW Tech Trendsetter: Lori Brewer

2020 HW Tech Trendsetter: Lori Brewer. LBA Ware, Founder and CEO. December 1, 2020, 12:01 am By HousingWire Staff. Share
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Banks delay office reopenings until well into 2021

Banks are in no rush to bring their employees back to the office. Last month, as novel coronavirus infection rates surged nationwide, JPMorgan Chase,
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Housing Experts: Reverse Mortgages Well Suited to Address Aging in Place Issues

The potential for reverse mortgages to solve housing issues. The reverse mortgage product as sponsored by the federal government can be a difference
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Homes sales up during COVID-19, mortgage rates low

Often customers are retirees or those whose work is done online and virtually. Picture of a mortgage document, a calculator and house keys. Interest
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Today's mortgage refinance rates — one rate plummets to new low | December 1, 2020

Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage refinancing rates for December 1, 2020,
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Fifth Third Bank Names Executive Vice President Kala Gibson Chief Enterprise Corporate …

His Business Banking leadership was integral to Fifth Third's ability to successfully deliver the Small Business Administration's Paycheck Protection
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Citigroup Fined $400 Million by Banking Regulators for Risk and Compliance Control Deficiencies

Banking regulators, the Office of Comptroller of the Currency and the Federal Reserve, recently collected a $400 million civil penalty against Citigroup
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Sri Lanka's central bank picks Simcorp to manage reserves

The Central Bank of Sri Lanka has chosen a platform developed by the software firm Simcorp to manage the country's official reserves. In a statement
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What's next for Rocket Pro TPO?

HousingWire recently spoke with Austin Niemiec, executive vice president of Rocket Pro TPO, about how the company plans to build off its recent
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Mortgage Comparison Shopping with Pureloan.com Leads to $15335 Average Interest Savings

PALO ALTO, Calif. /California Newswire/ — Pureloan.com confidently demonstrates that, for the average home purchaser, its mortgage search engine
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Mortgage Economic Review December 2020

The Mortgage Economic Review summarizes recent Key Economic Indicators, Data, and Events important to Mortgage and Real Estate Professionals.
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US pending home sales unexpectedly fall in October

US pending home sales unexpectedly fall in October

The housing market is being driven by record low mortgage rates. The COVID-19 pandemic, which has seen at least 21% of the labor force working
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Canada planning foreign buyers tax in effort to lower country's housing prices

… government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.
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NYS Realtor Says Housing Market Is Competitive During Coronavirus Pandemic

Some of the asking prices on a home are 10 times higher than they were six years ago. ​. “If you don't see a house the day it comes on the market
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Weekly Housing Market Activity Report for the Twin Cities

This post was contributed by a community member. The views expressed here are the author's own. Real Estate. Weekly Housing Market Activity Report
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Luxury Housing Market Booming In Arizona

But it's looking more and more like those kinds of blockbuster home sales are not out of the ordinary in the state. The luxury housing market here is
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Report: These Four Dayton-area communities among Ohio's healthiest housing markets

days on market (35.2); Home costs as % of income (15.5%); Springboro (No. 7): Average years living in home (12.4); Avg. homes with negative equity (
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Auckland Residential Housing Market Sustains Growth Into Fifth Month

Auckland home buyers are not being put off by record sales prices and in November the average and median prices paid established new records
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How Lessons From 2008 Are Helping the Housing Market Withstand Covid

During 2008, we saw declining home sales, falling equity and a tidal wave of … Going into 2021, there could be housing market concerns afoot if the
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Real Estate Investment And Capital Market Size And Forecast (2020-2026)| With Post Impact Of …

This report studies the Real Estate Investment And Capital Market with many aspects of the industry like the market size, market status, market trends
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Local real estate agents earn internationaal awards

Despite significant impact on the way real estate is bought and sold as a result of the COVID-19 global pandemic, real estate agents have pivoted to
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Cruise CEO: Self-driving car market is 'literally trillions of dollars'

At Fortune's Brainstorm Tech virtual conference on Tuesday, Ammann showed a video of a couple of Cruise's autonomous cars—still featuring human
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Related Hawaii Prosecutor, Police Chief Charged for Conspiring to Frame Relative to Conceal …

To accomplish this, the conspirators prepped the mailbox to be “stolen,” selectively edited grainy surveillance video to conceal their preparatory acts,
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NAR: High Prices Stifle October Home Sales

“The housing market is still hot, but we may be starting to see rising home prices hurting affordability.” The PHSI measures signed contracts for existing
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Atlanta pandemic housing relief program now offers mortgage payment help, boosts benefits

A program offering rent and utility payment help to lower- and middle-income Atlanta residents affected by the pandemic now will help with mortgage
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PNC Bank Opens Dedham Branch

PNC has had a commercial banking presence in the Boston region for 15 years. PNC Bank's newest branch is at 680 Legacy Place in Dedham's Legacy
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HARRISTOWN NEWS: Church burns mortgage

Observe social distancing. It is up to all of us to do our part. Church News. Congratulations to McDonald Chapel on the burning of its mortgage. The
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JPMorgan, Lloyds express interest in buying Starling

The digital bank opened a data room as part of a plan to raise £200 million in new funding. Any tie-up between a challenger and a traditional bank would
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Former US Congressman Harold Ford Jr. Joins PNC Corporate and Institutional Banking

… Inc., today announced that Harold Ford, Jr., has assumed the role of vice chairman, Corporate and Institutional Banking (C&IB), reporting to Michael
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i-exceed sees Increased Adoption of Digital Onboarding in Corporate Banking

i-exceed's Appzillon Digital Banking platform enables banks to move to a mobile-first strategy and helps them accelerate their digital transformations.
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What could a mortgage surge mean for the market?

According to figures from the Banking Payments Federation of Ireland, over 5,000 mortgages were approved in October – a sure sign that the mortgage
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The 2020 election's polling errors are eerily similar to four years ago

The 2020 election's polling errors are eerily similar to four years ago

Now that most states have certified their election results, Fortune calculated 2020 model/polling errors. The difference between a battleground state's
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Real estate firm puts Forest Hills Jewish Center on the market for $50 million

B6 Real Estate Advisors (B6), an investment sales and capital advisory brokerage led by industry veteran Paul Massey, Jr. is the exclusive sales team
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Watch Pat Sajak Go Off on This “Ungrateful” 'Wheel of Fortune' Contestant and Later Apologize

Wheel of Fortune host Pat Sajak “yelled” at contestant Darin McBain during a Thanksgiving week episode. Darin challenged Pat on a puzzle answer,
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MetLife Provides $53M Acquisition Loan for Research Triangle Lab Conversion

… Real Estate Partners, through lender MetLife Investment Management. Loan proceeds were used to acquire the property and fund the forthcoming
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Mathias Properties adds full-service real estate brokerage

Barnes founded real estate company MadSky & Associates in Fayetteville and previously was a leasing and property manager for Mathias Properties. “
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Fortune 500 company moving global headquarters from California to Spring, Texas

SPRING, TX — Hewlett Packard Enterprise (HPE), a Fortune 500 company, is set to relocate its global headquarters from San Jose, California,
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Ex-Deputy Mayor of LA, Developers Charged in Real Estate Bribery Scandal

Ex-Deputy Mayor of LA, Developers Charged in Real Estate Bribery Scandal. Head of economic development under Garcetti faces bribery and fraud
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Facebook's latest acquisition pushes outside its comfort zone

Here's Fortune's own Jeremy Kahn with the inside track on how a game-playing computer system sliced open this Gordian Knot of computational biology
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To address health disparities, we need better data

… the Chief Medical Officer at Esri, the GIS mapping and analytics company, at Fortune's Brainstorm Tech conference on Tuesday afternoon: We need
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Chicago's Knox Fortune has arrived with his genre-bending new album, Stock Child Wonder

It's a windy day in Brooklyn when Knox Fortune, born Kevin Rhomberg, answers his phone while casually walking through his neighborhood—a habit
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Downtown building occupied by Chase purchased by Triten Real Estate partnership

Triten Real Estate Partners and Taconic Capital Advisors purchased 1111 Fannin. JLL Capital Markets represented the seller and procured the buyer.
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Snapshot: real estate financing in Finland

Financing. Secured lending. Discuss the types of real estate security instruments available to lenders in your jurisdiction. Who are the typical providers
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Credit Card Delinquency, Dementia, and Mental Health

The Equal Credit Opportunity Act (ECOA) made fair lending the law of the land in 1974. Suppose a lender has a bias towards race, color, religion,
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Pending home sales decline Contract signings down in October for 2nd month in a row

Mortgage finance giant Freddie Mac — the Federal Home Loan Mortgage Corp. — reported last week that the average rate on the 30-year fixed-rate
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Housing market crunch continues during holidays

Housing market crunch continues during holidays. By Lisa Baker, Glendale Star Guest Writer; Dec 1, 2020; 10 min ago.
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CUNA Lending Council Executive Committee announced

Jon Paukovich, Chief Lending Officer, Ent Credit Union, Colorado Springs, Colo.;; Julie Lind, VP – Retail Lending, WSECU, Olympia, Was.;; Ethan
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BNZ let off likely responsible lending breaches with warning

The Bank of New Zealand has received a warning from the Commerce Commission over its likely failure to meet responsible lending requirements
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As Covid advances a suburban housing boom, Nationwide Realty's Jerome Village keeps growing

As the pandemic pushes the housing market to new heights and speeds up the housing market, ongoing conversations about home prices,
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Stripe Capital Extends Business Lending To Online Platforms

In particular, Stripe Capital noted it equips platforms with an “end-to-end lending API” through which they can provide financing options. That enables
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Library resumes lending instruments, expands outdoor passes

The Ottawa Public Library is set to resume lending instruments, and making available museum passes, telescopes and Gatineau Park winter passes
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Reliance Industries tops Fortune India-500 list second year in a row

Reliance Industries tops Fortune India-500 list second year in a row

The Fortune India 500 list is based on revenue and the figures this year pertain to fiscal year 2019-2020. This year, ICICI Bank, ranked nine and Larsen
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Leasinvest Real Estate SCA divests the State Archives in Bruges

The building was sold for € 20.6 million, which is in line with the latest fair value of 30/09/2020, defined by the independent real estate experts.
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Singerman Real Estate (SRE) and HATCHspaces®JV expand in Thousand Oaks Purchasing a …

LOS ANGELES–(BUSINESS WIRE)–A joint venture between Chicago-based Singerman Real Estate and Los Angeles-based HATCHspaces® has
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Muskingum County native to appear on Wheel of Fortune next week

CULVER CITY, Calif. – A former Muskingum County resident Tasha Johansen will be a contestant on Wheel of Fortune on Wednesday, Dec. 9.
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North Bay retailers seek second-generation real estate to survive, thrive

Matt Holmes, president of Retail West Inc., which mostly represents tenants but also lists properties, develops real estate and runs shops, calls the
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JBG SMITH Earns 5-Stars – Highest Rating from the Global Real Estate Sustainability Benchmark

… DC market, has achieved a 5-star rating and Global Listed Sector Leader status from the Global Real Estate Sustainability Benchmark (GRESB®) in
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Check out the newest edition of the Real Estate Guide

Check out the newest edition of the Real Estate Guide. Written By: Lowell Anderson | Dec 1st 2020 – 3pm.
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The Most Valuable Real Estate Cities in America

New York has the highest real estate value in the country at $2.8 trillion—that's around the size of the UK's GDP in 2019. Close behind is Los Angeles at
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Digital Transformation is the Number One Budget Priority for Fortune 500 CIOs in 2021

… commissioned a survey by Constellation Research of 100 Fortune 500 CIOs to uncover how CIOs and IT organizations will define success in 2021.
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Here To Serve Further Expands its Nickel Footprint

Fortune's CEO, Paul Riss, said, “The intrusive complex encompassed by our mineral claims is like an onion with different layers of rocks. We are eager to
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Real Estate Insider: New apartments in downtown Detroit get $78.5 million loan

Asia Capital Real Estate, a private equity firm, made the two-year loan at a loan-to-value ratio of 69.7 percent, a spokesperson for the company said.
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Hamilton County's Top 10 Real Estate Transactions For November 2020

Here are Hamilton County's top 10 real estate transactions for November: #1 1508 Edgewood Circle $3.8 million. #2 3611 Amnicola Highway
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William [Bill] Massey Joins Provident Lending Group as Chief Operating Officer

In 1986, Bill began his career as a Loan Officer. His journey has exposed him to every challenge, and hurdle in the mortgage and finance industry. Over
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Resources

To help you and your loved ones stay connected to key programs and information during the pandemic, The Fortune Society created the resource
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Salesforce Deal Lifts Slack CEO's Fortune By More Than $200 Million

Slack CEO and cofounder Stewart Butterfield was already a billionaire before rumors began floating that Salesforce would buy work-communication
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Hong Kong Family's $3 Billion Buyout Windfall Keeps Paying Off

It may be the start of a broader push by Woo to re-orient his family's fortune, according to Peng Qian, an associate director of the Tanoto Center for
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Tom Gammino joins Paul Massey's B6

Investment sales veteran Tom Gammino is reuniting with Paul Massey at his B6 Real Estate Advisors brokerage. Gammino, who was let go from JLL in
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Quantum computing could reach the market by 2023, says IBM CEO

Speaking to Fortune's Aaron Pressman, Krishna focused on IBM's “hybrid cloud” strategy, which the company says represents a $1 trillion market.
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Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes

Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust's chief financial officer Joseph Macnow
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The Best Days to Buy a House

With more information, online lending tools, video home tours and protective gear available, the housing market isn't expected to halt during this new
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Works starts on new £10m Nottinghamshire housing development

Works starts on new £10m Nottinghamshire housing development

Building works have started on 'Forest Park'; an exclusive 45-home development in Nottinghamshire, by property developer Taggart Homes. Located
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Construction Spending Rate Increased in October

… Groups Urge OCC to Extend Comment Period on Fair, Responsible Banking Proposal … ABA Banking Journal … American Bankers Association
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Allica Bank appoints mortgage operations manager

Allica Bank has appointed Carly Nutkins (pictured) as mortgage operations manager. Nutkins joins from Redwood Bank, bringing over 12 years of
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Flagstar Bank to back trio of mortgage-tech startups

Flagstar Bank and the FinTech Consortium revealed that fintech startups Home Lending Pal, Stavvy and Real Key are the latest initiates to the
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Medium-sized cities see greatest gain in single-family construction in Q3

Apartment construction increased in second-home markets by 11.1%. “The HBGI clearly shows that the geographic changes noted in the second quarter
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Real Property – Mortgages – Priority – Replacement Mortgage Doctrine

Where (1) Quicken Mortgage recorded its mortgage on the borrowers' home on October 20, 2009; (2) plaintiff recorded its mortgage securing an equity
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Facebook Fintech Executive Oliver Gratry Joins LeaseLock as CFO

BUSINESS WIRE)–LeaseLock, the leading insurtech software platform that … “That's what LeaseLock is doing with the rental housing industry, and I
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2020 HW Tech Trendsetter: Jim Portner

2020 HW Tech Trendsetter: Jim Portner. First American, Vice President, Product and Strategy. December 1, 2020, 12:01 am By HousingWire Staff.
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Is CRA Compliance Enough for Community Banks?

Federal regulators assess and score how well banks fulfill their CRA … used to evaluate applications for future approval of bank mergers, charters,
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TCF Bank Chooses Entrust to Deliver Instant Issuance Experience at Banking Centers Across the …

“TCF Bank is pleased to be able to provide this core benefit to our customers across our footprint, enhancing their experience with our bank. With this
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CoreLogic's Marc-Olivier Huynh Receives 2020 HousingWire Tech Trendsetter Award

… of Software Development and Technology, is one of 50 professionals nationwide to receive the coveted 2020 HousingWire Tech Trendsetter Award.
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2020 HW Tech Trendsetter: Paul Anastos

2020 HW Tech Trendsetter: Paul Anastos. Gateless, Guaranteed Rate, CEO, Chief Innovation Officer. December 1, 2020, 12:01 am By HousingWire Staff.
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Maverick Commercial Mortgage closes on $4.5M in financing for Arlington, Texas manufactured …

Proceeds from the first mortgage paid off the existing lender, returned equity to the borrowing entity and paid for closing costs. The loan was funded by a
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2021 Global Banking Regulation Outlook Stable

Fitch Ratings-London-01 December 2020: Fitch Ratings highlights that the global loosening of bank regulations due to the coronavirus pandemic will
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Colliers Mortgage closes pair of loans for age-restricted communities in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International, has provided two HUD 223(a)(7) loans totaling more than $7.304 million for
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City continuing to offer rental/mortgage assistance

… Rental Assistance and Mortgage Assistance Program. Some of the requirements include completing the application, a Texas ID, social security card,
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Purchase mortgage defect risk rises again amid a hot housing market

The Mortgage Bankers Association's latest forecast predicts that $406 billion in closed purchase loans will be logged in the fourth quarter. In the first
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MarketWatch: What to Know About Using a Reverse Mortgage to Convert Retirement Assets

Additionally, a HELOC will require a monthly mortgage payment, decreasing your cash flow.” This is where a reverse mortgage could come into play,
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Scale Lending originates $38M inventory loan for unsold UWS condos

Scale Lending recently provided a $38 million inventory loan for more than two dozen unsold units at a luxury condominium on the Upper West Side.
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2020 HW Tech Trendsetter: Brent Chandler

As Brent Chandler leads six-time HousingWire Tech100 honoree FormFree, he continues to drive industry innovation by leveraging blockchain
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Powell, Mnuchin Embrace New Stimulus After Fed Lending Rift

Powell, Mnuchin Embrace New Stimulus After Fed Lending Rift

Powell, Mnuchin Embrace New Stimulus After Fed Lending Rift. By Craig Torres and Christopher Condon | Bloomberg. Dec.
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BNZ warned over likely responsible lending breaches

The Bank of New Zealand has been warned by the Commerce Commission over likely responsible lending breaches and a failure to provide timely
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P2P Lending Platform Bondora Re-introduces Loan Originations in Finland after Suspending them …

Peer to peer lending platform Bondora notes that getting rich or financially secure might be a goal for everyone, but asks whether your bank account
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Alternative Lender eCapital Buys UK-Based Advantedge Commercial

Alternative lender eCapital is expanding its global footprint by acquiring … as invoice factoring, factoring lines of credit, and asset-based lending.
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Bell-Booth Ltd wins coveted Best Trade Exhibit title at Stratford A&P Show

After much deliberation, the grand title of Best Trade Exhibit was awarded to family-owned New Zealand Agri company Bell-Booth Ltd. The runner-up
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Russian Banks Datawatch 3Q20

However, most lenders will be able to absorb higher credit costs without … Accelerated Lending Growth Lending growth accelerated in 3Q20 as the
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Is It Too Late To Consider Buying Martinrea International Inc. (TSE:MRE)?

Not the best news for investors looking to buy! But, is there another opportunity to buy low in the future? Since Martinrea International's share price is
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Your Checklist to Buying a Hawaiʻi Dream Home

Get a head start on purchasing your own piece of paradise by completing these five key steps. By List Sotheby's International Realty Nov 30, 2020.
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Peer to Peer (P2P) Lending Market Research Methodology Focuses on Exploring Major Factors …

Latest research report, titled “Global Peer To Peer (P2P) Lending Market Insights, Forecast to 2026. this report included a special section on the Impact
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Lily Collins Reacts to the Correct Pronunciation of 'Emily in Paris' Title

The company tweeted, “Friendly reminder Emily in Paris is supposed to be pronounced with a French accent so 'Emily' and 'Paris' rhyme.” During an
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Banks made it harder for consumers to get loans last quarter

Banks made it harder for consumers to get loans last quarter

Loan growth at U.S. banks declined in the third quarter, as banks tightened lending standards and demand from businesses fell. Why it matters: It's the
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Fed and Treasury Split Over Renewed Emergency Lending Programs

… disagreed on Mnuchin's decision to allow emergency Federal Reserve lending programs to expire. Photo: Susan Walsh/Al Drago/Pool/Getty Images
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BNZ warned over responsible lending and disclosure failures

The Bank of New Zealand (BNZ) has been warned by the Commerce Commission over likely responsible lending breaches and failures to provide
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Midsize business leader: David Silverman of NFM Lending

NFM Lending relocated its headquarters to a new larger building in Linthicum three years ago to accommodate the nationwide mortgage lender's
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Powell, Mnuchin Embrace New Stimulus After Rift Over Fed Lending

Powell, Mnuchin Embrace New Stimulus After Rift Over Fed Lending. By Craig Torres and Christopher Condon | Bloomberg. Dec.
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Alternative Finance Provider in US ECapital Corp Acquires UK Lender

The alternative finance provider eCapital Corp announced this week that has acquired United Kingdom based specialty lender Advantedge
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Senators split over end to Fed emergency lending programs

WASHINGTON — Democrats and Republicans split on Treasury Secretary Steven Mnuchin's decision to end most of the emergency lending facilities
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GM's lending arm could apply for ILC charter this month

Dive Brief: GM's lending arm, General Motors Financial Company, is discussing plans to apply for an industrial loan company (ILC) charter as early as
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NexTitle announces executive moves

CEO Stephen Routh said the company's vision is to become the preeminent joint venture title and escrow company in the United States. Read on to
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5 things to check before you buy real estate

You should get this document directly from the title-insurance company, especially if you have any doubts about the seller. On Saipan, two companies
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Global P2P Lending Market Size, Share, Growth And Outlook By 2026

Reportspedia has announced the addition of a new market intelligence report. The report is entitled, “Global P2P Lending Market Size, Climate and
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DeFi lending continues to grow

The Block Research explores relevant DeFi lending protocols that have been showing strong growth alongside recent price performance.
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FirstBank parent stays in house for next CFO

Mettee, who earned a finance degree and an MBA degree from the University of Alabama, has in the past served on advisory boards of Freddie Mac
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$21.65 million in refinancing secured for The Lexington apartments in Hoboken

The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo lender. Constructed in 2007, the 100 percent-occupied property spans
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Chancery Finds Chinese Co. Defaulted In $5.8B 15-Hotel Sale

… Dajia needed to get the fraudulent acts expunged from the record, and to provide Mirae with documents that would allow it to “obtain title insurance
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Big Reveal: 130 Pearl Street

Trautman purchased the former home of Stewart Title Insurance Company for $660,000 in August. Built in 1916, 130 Pearl Street currently has around
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New lending rules to protect vulnerable borrowers from loan sharks

All lenders will soon be required to carry out income and expenses checks when considering whether to grant loans, top-ups or increase a credit limit.
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Silgan Containers wants to renew Title V air-quality permit

LYONS — Silgan Containers Corp. has asked to renew its Title V air-quality permit, and written comments related to the company's application must
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Blue Ocean Divests from 235-Unit Baltimore MF Property

Alan Isenstadt of KeyBank Real Estate Capital arranged bridge loan financing to Blue Ocean as well as the subsequent Freddie Mac financing for the
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First Horizon National Corporation to Transition Newly Acquired Wealth Management Book of …

First Horizon National Corporation to Transition Newly Acquired Wealth … capital markets, fixed income, mortgage, and title insurance services.
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$21.65M in refinancing secured for The Lexington apartments in Hoboken

$21.65M in refinancing secured for The Lexington apartments in Hoboken

The loan will be serviced by JLL Real Estate Capital LLC, a Freddie Mac Optigo lender. Constructed in 2007, the 100%-occupied property spans across
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MNUCHIN SAYS MAIN STREET LENDING FACILITY SHOULD BE ENDED BECAUSE OF DEC. 31 …

MNUCHIN SAYS MAIN STREET LENDING FACILITY SHOULD BE ENDED BECAUSE OF DEC. 31 EXPIRATION DATE IN THE LAW. © Reuters 2020
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TITLE Boxing Club Honors Top Achieving Franchisees for Excellence

TITLE Boxing Club, a Franworth company, is a boutique fitness studio that specializes in boxing and kickboxing fitness classes. Based in Kansas City,
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Financial stability policies and bank lending: quasi-experimental evidence from Federal Reserve …

I estimate the comparative causal effects of monetary policy “leaning against the wind” (LAW) and macro-prudential policy on bank-level lending and
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Westcor announces Texas representative

Westcor Land Title Insurance Co. recently announced Steve Ortega has rejoined the company as an agency representative in Texas. “I am pleased to
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US banker's $100k offer to Saintfield for heritage park

… as CEO of the Freddie Mac mortgage giant during the financial crisis and to serve as an advisor to the then secretary of the treasury, Henry Paulson.
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Avoid the Pitfalls of Student Loan Forgiveness

In the end, this practice pushed Fannie Mae and Freddie Mac, the holders of weak mortgages, over the edge, and ultimately resulted in the wipeout of
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nCino and Accenture Help Vancity Transform Its Commercial Lending Operations

With over CA$28.2 billion in assets and more than half a million members, Vancity sought an agile technology to grow its commercial lending business
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Loan Limits on Conforming Mortgages Going Up in 2021

This will be the fifth year in a row that Fannie Mae and Freddie Mac have … Freddie's loan limits adjust annually to reflect changes in housing prices.
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Homewood property sells for $82M

… Lurin had refinanced the property with JLL Real Estate Capital LLC for a $63.844 million Freddie Mac loan at a 2.8% fixed interest rate for 10 years.
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Berkadia Secures Financing for Acquisition of Rare 200-Unit Mixed-Income Multifamily Community …

Berkadia originated, and Freddie Mac purchased, the 15-year, fixed-rate loan with 10 years interest only. “Wild Pines of Naples presented an unusual
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Giving Tuesday: Girl Scouts of Yuma works to establish virtual lending library

Tuesday on the Early Edition, Crystal Jimenez tells you how to lend a hand in the troop's quest to build a lending library so they can continue learning.
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Lending Volume Picks Up, Skews Toward Multifamily and Industrial

The commercial real estate lending landscape in the final weeks of 2020 has “vastly improved” compared to the onset of the pandemic, Marcus
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USDA releases Commodity Credit Corporation lending rates for December

USDA releases Commodity Credit Corporation lending rates for December. Written By: Prairie Business | Dec 1st 2020 – 10am. AddThis Sharing
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New Art Lending Program launched in Summerside

… give rise to an abundance of feelings and creativity, and for that reason it is hoped people will embrace the new art lending program in Summerside.
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Stroudwater Associates Partners with Greater Commercial Lending to Help Rural Healthcare …

“Previously, lenders avoided lending to rural healthcare because of perceived risk. With GCL as a partner, we can now help clients access capital with
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PENNYMAC HOLDINGS, LLC v. FIRST AMERICAN TITLE INSURANCE COMPANY

… Worcester County on October 4, 2018 granting summary judgment in favor of appellee, First American Title Insurance Company (“First American”).
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Economic Dissonance

A key federal player in mortgages is the Federal Housing Finance Agency (FHFA) which oversees Fannie Mae, Freddie Mac and the Federal Home
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Mirae Asset wins lawsuit over $5.8b US hotel deal

The US court acknowledged that Anbang failed to secure title insurance, a measure that guarantees ownership of a property, for some of the hotels.
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FI Consulting and QFlow Systems Partner to Bring Integration of Redesigned URLA Processing …

Fannie Mae and Freddie Mac redesigned the URLA (Fannie Mae Form 1003) based on the Mortgage Industry Standards Maintenance Organization
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