South Korea Plans 'Shock' Housing Supply Boost to Tame Prices

South Korea Plans 'Shock' Housing Supply Boost to Tame Prices

Nationwide apartment prices jumped 11% in the past 12 months, with several cities seeing gains exceeding 20%, according to prices by KB Financial
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Mortgage Loans in Forbearance Remains Unchanged in Late January

The share of Fannie Mae and Freddie Mac loans in forbearance decreased to 3.10% – a 1-basis-point improvement. Ginnie Mae loans in forbearance
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In Minneapolis real estate market, COVID-19 has caused mixed results

Barton's story about his daughter highlights the complexities of the real estate market in the Twin Cities, which has been impacted prominently by
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NATIC adds national underwriting counsel

North American Title Insurance Co. (NATIC) has added David Jenkins as national underwriting and expansion counsel to support its Strategic and
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Daimler to Become Mercedes-Benz, Split Trucks Unit From Cars

Bloomberg News reported earlier that Daimler was considering the listing. The spinoff appeased investors who have advocated the move for years,
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Banks struggle with SME data gap as they apply EU green taxonomy

Bankers say they face a particularly daunting challenge in applying the taxonomy. “We need to cover, as banks, a wider scope of companies not only
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Barings Recapitalizes 1155 Island

Bain Capital Real Estate was formed in 2018 and pursues investments in often hard-to-access sectors underpinned by enduring secular trends that
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GrafTech International (NYSE:EAF) Share Prices Have Dropped 11% In The Last Year

Before buying or selling a stock, we always recommend a close … We will like GrafTech International better if we see some big insider buys. While we
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5 Cheap Real Estate Companies

The U.S. real estate investment trust has a GuruFocus profitability rating of 7 out of 10. The return on equity of 16.89% and return on assets of 8.05% are
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US Moves to Seize Oil Shipment It Says Iran Exported Covertly

… after initially thinking it came from Iraq, Bloomberg reported last month. … the South American coast, according to tracking data compiled by Bloomberg. … about unfreezing some of it, Yonhap news agency reported on Wednesday.
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Why the Pandemic May Be Hurting Your Credit Score

The law requires certain companies that provide federally backed mortgages and student loans to offer deferred payments—but report them as current—
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Inside Known's first Super Bowl campaign sending civilians to space

Current and new Shift4Shop customers will have an opportunity to enter an online competition showcasing them and their business. “This is a human
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Why Alibaba's stock price fell despite better-than-expected quarterly results

Our mission to make business better is fueled by readers like you. … “There are still external factors to worry investors,” Silvers says, pointing to the
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CTA to Impose Reporting Obligations, Penalties on Many Fla. LLCs, Corporations

Under the CTA, each “reporting company” will be required to disclose … U.S. title insurance companies to identify the natural persons behind shell
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The Privacy Spat Between Facebook and Apple Is Just the Beginning

Cook speaks during an event at the Steve Jobs Theater in Cupertino, Calif., on Sept. 10, 2019. Photographer: David Paul Morris/Bloomberg. Discussions
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Real estate agents prep for pent up demand to be unleashed mid-year

The industrial and capital real estate sectors are strong in the Capital Region, with office and retail space poised to make a rebound midyear, said
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Gates and World's Rich Win Big on Private-Jet Firm's 196% Surge

Sawiris, Egypt's wealthiest person according to the Bloomberg Billionaires Index, has more than doubled his holding in the past year to 7.4%,
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UserTesting Recognized as a Top Bay Area Workplace by Fortune and Built In

The Fortune rankings considered more than 44,000 employee surveys from companies across the Bay Area. Great Place to Work, a global people
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Freddie Mac Flags Robust Growth in South, West

Freddie Mac Flags Robust Growth in South, West. Three cities in Texas grew by a combined total of 2.8 million people from 2010 to 2019, according to a
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10th Annual New York International Beer Competition Going Virtual

In its 10th year, the trade buyer only international competition will be … of our judges are real trade buyers judging as if buying for their business by its
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What's the Recipe For Longevity in the Mortgage Industry?

What's the Recipe For Longevity in the Mortgage Industry?

Having the proven experience and wherewithal to withstand the cyclical and unpredictable nature of the real estate and mortgage industry is what can
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Rayonier (RYN) Tops Q4 EPS by 2c, Revenues Beat

“The diversity of our timber markets, the positioning of our real estate … to capitalize on favorable sawlog trends associated with increased residential
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Lenders embrace property-mapping tech, defying critics

A technology that banks use to estimate property boundaries recently survived a court challenge, but it's still generating controversy. Vizaline
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India's Stressed Real Estate Market Is A Study In Contrasts

Yet, two sets of data throw up conflicting trends. An analysis of the real estate market in 60 cities by property consultant Liases Foras found that the
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City offers low income residents interest-free down payment on home loans

DCS says it is currently accepting applications from applicants' mortgage lenders for loans up to $40,000. Eligible households include those earning 80
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Edtech valuations aren't skyrocketing, but investors see more exit opportunities

We met on Zoom with over 800 founding teams in COVID all over the world. We invested in 14 new companies and are just finishing rounds in two
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Ant and Chinese Banks Are Reining In Joint Loans to Consumers

Ant Group Co. and at least a dozen banks are paring back their years-long cooperation on consumer lending platforms that fuel the spending of at
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Robinhood's Public Filing Could Be Delayed Over GameStop Turmoil

Prior to taking the post, Sefic worked with The Economist Group as SVP Head of Commercial Payments International. Vision33 Buys iDocuments Suite
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Many first-time homebuyers receive down payment help from family and friends

Despite a recent surge in housing prices, Federal Reserve Chair Jerome Powell downplayed concerns about a potential bubble in the market, chalking
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Despite shaky year, San Antonio company makes Fortune's "World's Most Admired" companies

One San Antonio based business joined 16 other Texas companies in Fortune's 2021 rankings for “Most Admired Companies,” despite experiencing a
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Fortune Brands reports 6% sale increase for 2020

DEERFIELD — Fortune Brands Home & Security Inc. Wednesday announced fiscal year 2020 earnings results, which include approximately $6.1
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Reading Cooperative Bank hires Methuen banking specialist

Almanzar comes to the bank from People's United Bank in Methuen, where he worked as a banker II. Prior to that, he spent time as a bank teller at
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SPACs Become the Go To Listing Vehicle for Fintech Companies

Fusion Acquisition – is rumored to be in talks to acquire MoneyLion, a mobile banking, lending and investment platform. Queen's Gambit Growth
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Birmingham Capital Management Co Inc Buys Philip Morris International Inc, Viatris Inc, Visa Inc …

Birmingham Capital Management Co Inc Buys Philip Morris International Inc, Viatris Inc, Visa Inc, Sells BP PLC, Rockwell Automation Inc, Flex.
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'Coopetition' offers pathway to improve US-China relations

To reassert U.S. economic authority and to promote global prosperity, … Micro, he explained, refers specifically to international business and
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PacWest Buys Redondo Beach Lender

According to Civic, the company has issued $4.4 billion in such loans since its 2014 founding. Some $1 billion of this lending, Civic said, took place last
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We have to be mindful of client video call fatigue – Marketwatch

So this week, Mortgage Solutions is asking: Are clients more responsive to contact now that most communication is digital and remote? Hiten Ganatra
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First-Out Lenders See Strong Recoveries

Fitch Ratings-New York-03 February 2021: Recovery analyses of bifurcated unitranche loans suggest strong recovery prospects for first-out lenders,
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Know Your COVID Mortgage Forbearance Rights

A new CFPB report says that some mortgage lenders have failed to follow the law on mortgage forbearance during COVID. Lenders have misled
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PureFacts Accelerates Growth by Hiring Fortune 500 Seasoned Executive as Chief Revenue Officer

PureFacts Accelerates Growth by Hiring Fortune 500 Seasoned Executive as Chief Revenue Officer. Read full article. Updated Wed, February 3, 2021,
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Does Amazon's 'Helix' Reflect the Shape of the Post-Pandemic Office?

Does Amazon's 'Helix' Reflect the Shape of the Post-Pandemic Office?

In this article. AMZN. AMAZON.COM INC. 3,206.20. USD. -31.42-0.97%. LIVE ON BLOOMBERG. Watch Live TV Listen to Live Radio
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Oligomerix to Present at Upcoming Life Sciences Conferences

WHITE PLAINS, N.Y.–(BUSINESS WIRE)– Oligomerix, Inc., a privately held … Session Title: Alzheimer's Disease Therapeutics Company Showcase
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Title Insurance Market 2021 Forecast 2028 SWOT Analysis, Outlook, By Top Key Players Chicago …

The report covers complete analysis of the Global Title Insurance Market on the basis of regional and global level. Various important factors such as
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What impact does Airbnb have on local housing prices and rents?

But it depends on where the property is located. The study sought to assess the impact of home-sharing on residential house prices and rents using data
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In Reddit Rally Aftermath, Spotlight Is On Gamification Of Stock Trading

The trend is toward the “gamification” of financial services – in this case, … “Investing in industrial real estate was never considered as attractive as
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Internship program launches to give minority college students experience in commercial real estate

A national nonprofit organization that creates programs to help underserved youth become more real estate savvy has launched in Charlotte.
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Calculated Risk Analytics buys, plans to rebrand Castle Mortgage

… Tuesday that it has completed its acquisition of Delaware corporation Castle Holdings and its subsidiary, Castle Mortgage. Calculated Risk Analytics
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Fitch Rates Mill City Mortgage Loan Trust 2021-NMR1

… Ratings has assigned ratings to the residential mortgage-backed notes issued by Mill City Mortgage Loan Trust 2021-NMR1 (MCMLT 2021-NMR1).
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UK to lead G7 discussion on COVID economic recovery on Feb. 12

12 to try to map a way out of the global economic crisis inflicted by COVID-19 and to find a solution to an international tax wrangle too. British finance
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COVID real estate: Upscale Silicon Valley hotel topples into loan default

COVID real estate: Upscale Silicon Valley hotel topples into loan default. Boutique South Bay hotel struggles with property financing
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Western Asset Mortgage Capital Corporation Announces Tax Characteristics of 2020 Dividends

Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today the tax treatment of its common stock dividends
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Corporate Cards Eye Partnerships To Drive Value

Reports in Travel Weekly said Amex's Global Commercial Services unit notched $109.1 billion in transaction volume during the fourth quarter of 2020,
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Wilbur Ross adds to the SPAC craze

To join, apply here. Lucinda Shen Twitter: @shenlucinda. Email: lucinda.shen@fortune.com. VENTURE DEALS. – Vivino, a San Francisco-
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Why so few banks are unloading problem loans

Ameris Bancorp in Atlanta and Great Western Bancorp in Sioux Falls, S.D., shed several hotel loans, while OceanFirst Financial in Red Bank, N.J., and
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Development Finance Authority unveils new website, with a fun real estate tool

But be warned, it's a fascinating time suck … if you're a real estate and development nerd. The DFA unveiled its new online face on Wednesday, Feb.
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Payoneer Set To Go Public In $3.3 Billion Merger With Blank-Check Company

Investors in Payoneer include Viola Ventures, Ping An, Greylock Partners, … Alibaba focused on growth and success with its international shopping
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Looking Back

The Klickitat County Title Company's new building on Court Street across from the county courthouse will be open Saturday from noon until 5 p.m. for a
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RMS Generates Record Mortgage Loan Volume Of $8.5B In 2020

Residential Mortgage Services, Inc. generated a record $8.5 billion of mortgage loan volume in 2020, a 70% increase compared to $5 billion in 2019
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Draghi brings market savvy, gravitas to tame Italy's crises

Mario Draghi gained global respect as the head of the European Central … The ECB then started buying Italian bonds to stabilize the government's
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Scripted TV Commissions Surge as Global TV Production Looks Primed for New Peaks

2020: The End of a 100-Year Business Model … own platforms and so the tap of product going into international distribution is slowing,” Bisson said.
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Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $900000000 of …

Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $900000000 of …

3, 2021 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (“Alexandria” or the “Company”) (NYSE: ARE) today announced that it has priced a
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Father of three jailed for submitting false documents in mortgage application

A Meath father of three who submitted false documents in a mortgage application for a family home has been jailed for one year. Dean Masterson (34)
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United Wholesale Mortgage announces Q4 2020 earnings

United Wholesale Mortgage announces Q4 2020 earnings. by David Kitai | Feb 03, 2021. UWM Holdings Corporation announced a Q4 net income of
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What Jeff Bezos Does Next

On Feb. 22-23, DealBook will convene some of the sharpest minds in business and policy for our … Join us from anywhere in the world, free of charge.
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How Real Estate Rogues 'Invented' Florida

The city was founded by Spanish conquistador Pedro Menéndez de Avilés in 1565 but with the help of real estate promoter and pioneer Carl Fisher
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"Bloomberg Markets: America" (02/03/21)

“Bloomberg Markets: America” (02/03/21). Bloomberg Markets · TV Shows. February 3rd, 2021, 10:20 AM PST.
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Fortune Brands (FBHS) Q4 Earnings & Revenues Top Estimates

Fortune Brands Home & Security, Inc. FBHS reported fourth-quarter 2020 earnings before charges/gains of $1.25 per share, surpassing the Zacks
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Hispanic Bar Association Names In-House Leaders Who Could Be Fortune 500 GCs

Yet the percentage of Latino general counsel in the Fortune 500 remains relatively low—and their representation dropped a bit further Feb. 1, when Kim
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Daimler Selling Majority of Truck Unit in Major German Listing

Bloomberg News reported earlier that Daimler could sell a stake in the unit as soon as the second half of the year. Pulling off the IPO would appease
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Global Commercial Property Investment Fell 26 Percent in 2020

Mexico's climbing COVID-19 deaths have hindered its economic and property market recovery. On the sector level, multifamily had only a 1% drop in Q4
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AvalonBay Communities, Inc. Announces 2020 Operating Results and Initial 2021 Financial Outlook

Collected residential revenue represents the portion of apartment base rent charged to residents and other rentable items, including parking and storage
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SK Global, BlueLight, Black Mic Mac Board Sibs Shongwe-La Mer's 'Halo Daze' (EXCLUSIVE)

The film is supported in South Africa by the National Film and Video Foundation and the Dept. of Trade and Industry's rebate for international
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WATCH: Will one of these upstarts become the Amazon of real estate?

WATCH: Will one of these upstarts become the Amazon of real estate? Will the brokerage of the future truly do it all for buyers? Orchard and Homie
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Another Rough Year Could Be in Store for Hartford's Job, Real Estate Markets

Another Rough Year Could Be in Store for Hartford's Job, Real Estate Markets. Employment Declined Slightly in December. By Adin Perera and Todd
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Crypto Banking Company BCB Group Hires Former Coinbase UK CEO

Crypto Banking Company BCB Group Hires Former Coinbase UK CEO. Feroz will bring experience “built across the global payments and fintech
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Chinese Regulators, Ant Group Agree On Restructuring Plan For FinTech

Artificial demand in the markets can lead to a real impact on one's financial … Investing in industrial real estate is red hot and the continued growth of
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Rep. Juan Vargas introduces act to ensure Dreamers can get home loans

… home loans backed by Fannie Mae or Freddie Mac, and Rural Housing home loans. The Homeownership for Dreamers Act, co-written with Rep.
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Pandemic's hot real estate market drives East End preservation tax revenues to historic high

The CPF derives revenues from a 2% transfer tax on real estate sales in the five East End towns and so provides a useful barometer of how active the
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Inside the new Ritz-Carlton Residences in Sunny Isles Beach (Photos)

Fortune International Group President and CEO Edgardo Defortuna said only about 23 units in the building remain unsold. All of the penthouses are
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McCabes join Lewith & Freeman Real Estate

Diane and Ed McCabe of Four Star McCabe Realty in Shavertown have joined the Lewith & Freeman Real Estate team. The McCabes will work as
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Testing Is The Key To Reopening, And Real Estate Is Gearing Up To Play Its Part

Testing Is The Key To Reopening, And Real Estate Is Gearing Up To Play Its Part

Gov. Andrew Cuomo announced in his State of the State address last month that the state is working with real estate players to open “pop-up” rapid
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Trump's private banker left Deutsche Bank over real estate deal

Donald Trump's private banker, Rosemary Vrablic, left Deutsche Bank as a result of allegations of “undisclosed activities related to a real estate
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Home makeover: Design trends for your house in 2021

When it comes to household trends they are often going in and out of style. This means what was out of trend a few years ago would be in style a year
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Michigan woman gifted mortgage payments for 2021

Michigan woman gifted mortgage payments for 2021. Kayla Lopez, of Grand Rapids, sheds tears as she is surprised by Legacy Financial Network and
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HUD Issues Waivers Relaxing In-person Requirements Between Reverse Mortgage Borrowers …

… which normally require in-person contact between mortgage servicers and … (FHA)-insured Home Equity Conversion (HECM) reverse mortgages.
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Baystate Business: Businesses Providing Vaccinations (Radio)

Bloomberg News markets reporter Kriti Gupta on the day in the markets and the on-going story of retail investors and stocks like GameStop (35:03).
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IMF: CFPB mortgage servicer complaints drop in Q4

In October 2020 at the Mortgage Bankers Association Annual convention, Federal Housing Finance Agency Director Mark Calabria took the opportunity
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Moving Beyond 'Survive-at-All-Costs' Mode

Mortgage companies needed to be able to triage. … elements such as hyperlocal real estate and economic trends, current COVID-19 infection rates,
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Real estate agents confirm surge in local sales

Local real estate agents are saying that the current housing market is unlike anything the area has seen before. Two local offices weighed in on the
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Amazon's $1 Billion in Daily Sales Highlights Market Dominance

Amazon.com Inc. breached the $1 billion-a-day revenue mark in 2020, … According to an analysis of Bloomberg data, Walmart Inc. is the only other
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Waiting to buy in Atlanta could mean higher mortgage payments

The online brokerage notes that at a 30-year mortgage with a 20% down payment, rates are at a 50-year low. That's right. The last time it was this good
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Civic tech booster P33 adds big names to board

P33's new directors range from startup to Fortune 500 executives, with the goal to elevate Chicago's tech game. Here's a look at what they bring.
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Banking, social security info of more than 1.4M people exposed in Washington state auditor hack

State Auditor Pat McCarthy said Monday the records — including Social Security numbers and banking information — were exposed during a
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UWM Holdings Corporation Announces UWM's Record Fourth Quarter and Full Year 2020 Results …

Independent mortgage brokers are the best place for a consumer to get a loan, … helping even more families achieve their dream of home ownership.
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Bishop TD Jakes on Understanding Covid-19 Vaccines (Podcast)

Bloomberg News Senior Executive Editor of Global Tech Brad Stone discusses his piece “Jeff Bezos Walks Through the One-Way Door.” And we Drive
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Vermillion Consulting CEO on how to lead during COVID-19

This HousingWire Daily interview transcription features a crossover episode from HousingWire's Housing News podcast. In this episode, Vermillion
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Former Illinois Senator indicted for alleged misuse of campaign funds, tax evasion, money laundering

The indictment alleges multiple instances when McCann used campaign funds to purchase personal vehicles, pay personal debts, make mortgage
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Buying binges: Is housing like GameStop stock frenzy?

Speedy transactions can mean trends (mistakes?) show up in minutes on Wall Street vs. months, or years, in housing markets. But remember, real
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GameStop Swings After New Hires With Chewy Founder on Board

The rally in GameStop Corp. shares showed further signs of losing momentum on Wednesday as the stock halved earlier gains after news of a trio of
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Is Everything Securities Fraud?

In the years after 2008, there was a widespread view that integrity and … And now apparently Bloomberg News tracks the performance of the stocks
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Good Eggs Raises $100 Million To Expand Online Grocery Delivery

Good Eggs Raises $100 Million To Expand Online Grocery Delivery

The company received additional support from existing investors … Mehra was most recently global chief marketing officer and chief customer officer
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Does a New Occupant in the White House Matter to CRE?

Low interest rates have kept the housing market strong even as median prices hit record highs. However, even as rates remain low, underwriting has
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WFRBS Commercial Mortgage Trust 2012-C8 — Moody's downgrades two and affirms eleven …

The certificates are collateralized by 66 mortgage loans ranging in size from less than 1% to 15% of the pool, with the top ten loans (excluding
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United Wholesale Mortgage posts $3.38B profit, record loan volume in 2020

The Pontiac-based mortgage lender shared its financial results for the first time since going public last month on the New York Stock Exchange in a
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Your Evening Briefing: US Falls Behind in Global Innovation Ranking

Business news doesn't have to be dry and dense…make your mornings more enjoyable, for free. Check it out. What you'll want to read in Bloomberg
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Empire State Bank to open new Staten Island branch

“Empire State Bank's approval reaffirms DFS's commitment to expanding banking services to every person in New York State,” said Lacewell. “Not only
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Amazon's latest Boston expansion delivers a gift to Seaport housing development

“It's a good sign and good driver for the housing market in the Seaport,” said Aaron Jodka, a managing director of research and client services at
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Covid Stress on US Hospitals Is Easing as Case Numbers Fall

15, when hospitalizations peaked, according to data from the U.S. Department of Health and Human Services compiled by Bloomberg News.
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Motley Fool: Home Equity a 'Surprising' Source of Retirement Income

“This problem was addressed by the development of reverse mortgages and … risks, and benefits before you make a decision on a reverse mortgage.
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Investors Title Company (ITIC) Soars 1.31% on February 03

Investors Title Company is a Investors Title Co along with its subsidiaries is engaged in the issuance of residential and commercial title insurance
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Realty ONE Group Will Plant ONE Tree for Every ONE of Its Transactions in 2021

Founded in 2005, Realty ONE Group is an industry disruptor, radically changing the face of real estate franchising with its unique business model, fun
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Aseptic Sampling Market Analysis, Size, Share, Growth 2021 Industry Driven By Regional Outlook …

The Global Aseptic Sampling Market 2020 Research provides a basic … Chapter 10, Regional Marketing Type Analysis, International Trade Type
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Probiotics Market to Reach USD 94.48 Billion by 2027; Product Launches by DuPont and Danone …

This information is published by Fortune Business Insights, in its latest report, The research further mentions that the market stood at USD 48.88 billion
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Real Estate Executive Council Launches Diversity Partners Program

3, 2021 /PRNewswire/ — The Real Estate Executive Council (“REEC”), the pre-eminent trade association for commercial real estate (CRE)
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How EDD and Bank of America make millions on California unemployment

The state says it doesn't know, and the bank won't say, despite a contract requirement to report unemployment debit card fees and revenue each month.
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Financial firm surprises single mother with year of mortgage payments

In a surprise ceremony Wednesday, Feb. 3, Legacy Financial Network and Gradient Gives Back Foundation told Lopez they would pay for her mortgage
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United Wholesale Mortgage Sees Profit Jump 822% on Housing Boom

United is the nation's largest wholesale mortgage lender, which means it provides the funds for mortgages originally handled by loan brokers. It reported
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European Film Market to Hold Physical Screenings of Berlinale Films in Four Cities Outside Europe

The initiative, running under the banner “EFM Goes Global,” will see … 'EFM Goes Global' aims to support the successful international distribution of … Goes Global' is to strive for more sustainability in the distribution business by
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China Buying Spree Stokes Shortage Fears for Top Canola Supplier

Canada is the world's top exporter of canola and about 90% of its output is shipped to 50 countries, according to the Canola Council of Canada. The
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TD Bank Consolidates Banking Teams

TD Bank Consolidates Banking Teams. Plus: TCF National Bank subsidiary acquires commercial equipment financing specialist. 02/03/2021 – 14:29; |
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Waiting to buy in Boston could mean higher mortgage payments

Waiting to buy in Boston could mean higher mortgage payments

Fence-sitters beware, though, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.
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Housing prices in Israel expected to rise

Litzman expressed his concern that a future shortage of apartments and rise in house prices will further increase the economic burden on Israeli
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As the local housing market shatters records, real estate professionals advise against a new trend

Lane says there are a number of factors that continue to contribute to the aggressive real estate market, including record low mortgage rates and the
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Investors fear buoyant global markets vulnerable to China credit crunch

Short-term lending rates spiked in January, fanning fears Chinese policymakers would tighten policy. MarketWatch photo illustration/iStockphoto.
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Guaranteed Rate Brings New "Believe You Will" Campaign to Super Bowl

Headquartered in Chicago, Guaranteed Rate Companies is one of the largest retail mortgage lenders in the United States, funding over $73 billion in
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Illinois mortgage pros ensnared in alleged fraud scheme

Mortgage fraud threats have greatly increased since the COVID-19 pandemic began. Using Consumer Wire Account Verification Service protects
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SEC Hunts for Fraud in Social-Media Posts Hyping GameStop

“Secretary Yellen believes the integrity of markets is important and has asked for a discussion of recent volatility in financial markets and whether
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Bank lending drops in December

“Overall, lending remained tepid as banks continued to be risk-averse amid the ongoing pandemic,” Diokno said. Credit growth has been slowing as
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South Korea Premier Says Universal Basic Income Is 'Impossible'

In an interview with Bloomberg News on Wednesday, Chung Sye-kyun said “politics based on populism” is “bound to fail.” The idea of across-the-board
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HUD extends waivers for FHA reverse mortgages

In a bid to aid borrowers, the Department of Housing and Urban Development announced on Wednesday a series of temporary waivers that will allow
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alva Reveals US Banking Leaders in New ESG Intelligence Index

It reveals that the ESG performance of different banks varied hugely in Q4 2020, with Fifth Third Bank leading the index with a score of +58. Fifth Third
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Trade body cautions on COVID certificates

The message from the International Hologram Manufacturers Association … when the counterfeit market represents an estimated 7% of global trade.
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Cellnex to Acquire Altice's French Towers for $6.3 Billion

… it said in a filing Wednesday that confirmed an earlier Bloomberg News report. Cellnex is planning a capital increase of as much as 7 billion euros to
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MK Decision Democratizes Banking Industry with Digital Account Opening Platform

According to a recent Forbes article, 44% of community banks and 25% of credit unions will replace their legacy account opening provider in 2021
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"Bloomberg Markets: European Close" (02/03/21)

“Bloomberg Markets: European Close” (02/03/21). February 3rd, 2021, 11:00 AM PST. Alix Steel and Guy Johnson bring you news you need to know
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United Community Bank names new corporate headquarters and expands in Greenville County

With an executive presence in Greenville County since 2012, United Community Bank specializes in personalized banking services for individuals and
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UDR to Report Q4 Earnings: What's in Store for the Stock?

The U.S. apartment market witnessed solid leasing activity in the fourth quarter of 2020, per a report from the real estate technology and analytics firm
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Beyond School founders banking on idea that there's more than one way to learn

Beyond School, founded by educators Paul Gaita and Joe Timpanaro, will offer high school students an alternative to the traditional method of classroom
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Who Will Define AEW's Women's Division in 2021?

When All Elite Wrestling launched in January 2019, the new company promised a … When AEW announced the women's world title tournament, the
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Mansion Global Daily: UK Property Prices Start to Slow, Big Problems for New York's Supertall …

U.K. Real Estate Market Shows Signs of Coming Back Down to Earth. Property prices slowed in January for the first time since June 2020, according to
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Luby's Positive 10-Q Disclosures May Nudge Up Liquidation Value

Luby's Positive 10-Q Disclosures May Nudge Up Liquidation Value

Favorable real estate trends; Appointment of CEO with property liquidation expertise; Absence of major red flags from details of recent disclosures. A
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Racine County real estate firm sues Foxconn, claiming breach of local agreements

A Caledonia real estate company owner sued Foxconn Technology Group on Tuesday alleging the manufacturer breached agreements with Mount
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Judge takes no action in attorneys' subpoena dispute over Mollie Tibbett's banking records that …

During last week's hearing, Frese didn't explain why they sought Tibbetts' banking records, but in her written argument said they were following up on an
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Jimmy Fortune to play Kentucky Opry

Jimmy Fortune, center, performs with Jamie Dailey, left, and Darrin Vincent, right, during the International Bluegrass Music Awards show on Thursday,
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In Iraq's 'Dire' Economy, Poverty Is Rising — And So Are Fears Of Instability

“Purchasing power has fallen. Someone who used to buy a kilogram, now they buy half a kilogram, you know?” Around the world, economies have been
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Insiders Buy the Holdings of XLRE ETF

… 13.5% of holdings on a weighted basis have experienced insider buying within the past six months. Crown Castle International Corp (Symbol: CCI),
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How Billionaire Robert Smith Avoided Indictment in a Multimillion-Dollar Tax Case

… to Filip from top tax prosecutor Richard Zuckerman reviewed by Bloomberg News. Smith's team would get what they wanted: a stay-out-of-jail card.
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State of the 2021 NE Tenn. – SW Va. housing market

A continued staple for this year's market is housing demand. It continues to be a juggernaut for sales and price appreciation. At the same time, it is also
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Philippine bank lending drops for first time in 14 years

The decline was the first since September 2006, preliminary data from the central bank showed, and some economists expect lending to remain weak
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Bidding Wars, Price Gains Expected to Continue in Frenzied US Real Estate Market

“The main thing going on is scarcity of homes for sale,” Scott Petrich, a Redfin real estate agent in Seattle, said in the report. “There's nothing there, so
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Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2020 Earnings …

Ellington Residential Mortgage REIT (NYSE: EARN) (the “Company”) today announced that it will release financial results for the quarter ended
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Berkadia Secures $18M Refinancing for Boston Apartment Portfolio

Berkadia has secured a $17.5 million loan to refinance an 11-property … through Fannie Mae on behalf the sponsor, BT Holland Real Estate.
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Bruce Berkowitz Comments on Fannie Mae and Freddie Mac

Fannie Mae (FNMA) and Freddie Mac (FMCC) insure the availability of 30-year fixed-rate mortgages. Home ownership has never been more
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PB&T invests in ECGA

… Forrest Keeling Nursery, Meyer Title Company and Old Monroe Lumber & Rental. Friend level partners for 2021 include Elsberry Medicine Shoppe
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Westside's affordable housing gets a financing boost

The Atlanta Affordable Housing Fund will loan up to $2 million to the Grove Park Foundation to purchase between 15 and 20 abandoned homes and
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Wynn Resorts Named 'Most Admired' Company by Fortune, Distinction Comes Three Years After …

Fortune's grading of Wynn Resorts in 2021 shows the company's efforts to change its culture are paying off in key areas. Wynn's score improved in “
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Cleveland City Council approves a "Job Creation Incentive Grant" for Quicken Loans

The mortgage lender plans to bring 700 new jobs to Northeast Ohio, occupying offices at Quicken's Cleveland headquarters at the former Higbee
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Lending falls for 1

By Luz Wendy T. Noble, Reporter. BANK LENDING contracted for the first time in over 14 years in December, as lenders tightened credit standards
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5 Top-Ranked Stocks Likely to Beat Earnings Estimates

International commerce retail business (5% of total revenues) — Revenues for the quarter were RMB10.2 billion (US$1.6 billion), increasing 37% year
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Jumbo mortgage rate falls even as conforming loans rise

Interest rates tend to be slightly higher on jumbo mortgages than on conforming loans, because lenders aren't able to bundle them into mortgage-
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NES DuckTales Originally Had An Option For Scrooge To Give Up His Fortune

NES DuckTales Originally Had An Option For Scrooge To Give Up His Fortune

There was also originally an option for Scrooge to give up his fortune, but this seemed out of character, so we removed that. …Scrooge told his
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Stepping Down From His CEO Title, Amazon's Jeff Bezos Shows His Human Side By Pursuing His …

From a corporate perspective, Bezos' timing is impeccable. The company reported blockbuster financial results and its stock price has been on fire.
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Tinuiti Chosen for New “Google Partners International Growth Program”

The International Partner Program will empower Tinuiti to create new … was unable to complete a purchase with the current payment method setup.
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What's Ahead for Data Centers in 2021

Commercial Property Executive asked Lee Kestler, chief commercial officer at data center solutions provider Vantage Data Centers, and Jon Lin,
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Cart.com Buys D2C Brand Cheap Cheap Moving Boxes

“Investing in industrial real estate was never considered as attractive as … NEW PYMNTS DATA: HEALTHCARE PAYMENT EXPERIENCE REPORT
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Study: Jacksonville's growth highlights increased housing needs

Freddie Mac is the Federal Home Loan Mortgage Corporation, which operates in the secondary mortgage market. Its mission is to keep mortgage
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Share of impaired non-QM loans fell to pandemic low in December

… were 0.27% for December, which equates to pre-pandemic levels, dv01 said. Brad Finkelstein. Originations editor, National Mortgage News. mailto.
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Redfin: Two-thirds of home buyers in 2020 made offer sight unseen

Making an offer based on a virtual tour may also be increasing because of the fast pace of the housing market. Buyers who don't have the time or
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Columbus-based Schottenstein Real Estate Group sells three apartment communities

Columbus, Ohio-based Schottenstein Real Estate Group recently sold three of its multifamily developments totaling $177 million. The Delaware
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Gemini launches crypto-based savings product offering up to 7.4% yield

JPMorgan Chase extended banking services to the crypto exchange last … brought in by the offering of interest accounts,” he told American Banker.
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Hagerty Assigned to Senate Banking, Foreign Relations Panels

(AP) — Freshman U.S. Sen. Bill Hagerty has drawn assignments on committees related to banking, foreign relations and the federal budget. The
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Today's mortgage refinance rates inch higher | February 3, 2021

Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage refinancing rates for February 3, 2021,
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Lightdox Boards Rotterdam Big Screen Competition Title 'Les Sorcières de l'Orient' (EXCLUSIVE)

… Pennetta's “Il mio corpo.” “Les Sorcières de l'Orient” was produced by William Jehannin for UFO Production and co-produced by INSEP. Comments
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Homeowners Can Get Mortgage Relief!

Homeowners Can Get Mortgage Relief! Grant Funding USA. A New Federal Mortgage Program is Giving $3,684 Back to Homeowners. Homeowners are
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Real Estate Today by Evans & Evans Real Estate: Touring a newly remodeled condominium in …

Realtor Julia Harrell from Evans & Evans Real Estate gives us a behind-the-scenes look at a newly remodeled condominium at Cambridgeshire in
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Panasonic India Partners With Fortune Marketing To Expand Its Pan-India Retail Presence

Fortune Marketing Private Limited is a 26 years old company and one of the leaders in distribution business across India. With a pan-India presence,
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Pending Homes Sales Decline 4 Months in a Row. Are Buyers Pulling Back?

Whether you want to pay off a home in 15, 20, or 30 years, it's a great time to sign a home loan. This holds especially true if you're a strong borrowing
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Protecting Your Money: Mortgage Forbearance

CORPUS CHRISTI, Texas — A local attorney talks about mortgage forbearance, and what it means to homeowners struggling to pay their mortgage
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Real Estate starts off stronger in 2021, when compared to past nine years

Most consumers are also optimistic about real estate, expecting the market … accurate measure of house price trends—was up 4.7% year-over-year,
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Land trends: What to expect in 2021

However, competition for agricultural land may be coming from folks outside of agriculture wanting to add a stable investment to diversify their portfolios.
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Buzzy Banking Apps for Kids and Teens

Buzzy Banking Apps for Kids and Teens

But these aren't your parent's bank accounts — you won't need to visit a bank branch. How mobile apps and debit cards for kids work. Youth banking
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OBIE Launches Free Tool to Fight Open Banking Fraud

The tool, freely available to all firms enrolled in the OBIE Directory, enables open banking companies to assess the maturity of their fraud defenses and
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KeyBank Structures $29.3M in Construction Financing for Affordable Housing Property in Wisconsin

KeyBank Community Development Lending and Investment provided a $16 million construction loan, while KeyBank's Commercial Mortgage Group
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Another cannabis banking COVID push (Newsletter: February 3, 2021)

Another cannabis banking COVID push (Newsletter: February 3, 2021). Published. 6 hours ago. on. February 3, 2021.
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GameStop, AMC Frenzy Was Bigger Than US Oil Market, RBC Says

Oil storage tanks in Cushing, Oklahoma. Photographer: Daniel Acker/Bloomberg
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USAA names bank president, plucks new risk chief from Citigroup

Paul Vincent has been promoted to president of USAA Federal Savings Bank, having most recently worked as its head of retail banking. Vincent, who
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Bank of America Triples Affordable Homeownership Commitment to $15 Billion

… towards non-recurring closing costs, like title insurance and recording fees, … The company provides unmatched convenience in the United States,
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Edmunds: Whatever happened to car subscription services?

As an alternative to buying or leasing, these programs seemed intriguing. … mileage, the time you can keep cars, and even driving internationally.
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Ivanka and Jared took a massive income hit in their final year at the White House

—How Fortune 500 companies are utilizing their resources and expertise … Get up to speed on your morning commute with Fortune's CEO Daily
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NKC nears sale of former White Castle site to lofts developer

28, council members said last week, before the title company told Yarco it wanted a special warranty deed, rather than a quitclaim deed, as a
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Shout Out Lancaster: Applauding several who are lending a hand in the snow to those in need

Shout Out Lancaster: Applauding several who are lending a hand in the snow to those in need. LANCASTERONLINE | Staff; Feb 3, 2021; 2 hrs ago
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Billings Federal Credit Union Short-Term Loans, Powered by QCash Financial's Platform, Are …

The QCash Financial platform provides short-term liquidity to members who historically turned to high-cost lending sources, such as payday lenders with
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Mid-size companies: Expect more from your bank

One thing is clear: businesses with a trusted banking partner properly integrated into their strategic ecosystem when the pandemic hit had a major
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Zaim Credit Systems sees online lending soar 250% in 4Q20

the Russian focused fintech group, reported a strong quarterly performance for 4Q20 as it increased its lending by 65% as its online business surged.
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Advisers optimistic despite end-of-year dip in cases

This is according to the latest data from the Intermediary Mortgage Lenders Association (IMLA) which said while brokers were 'optimistic' it was
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Freixenet Copestick celebrates strong Christmas trading

Freixenet Copestick cemented its status as the UK's leading supplier of sparkling wine by increasing sales 21% over the Christmas trading period.
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Transaction Action: Embrey sells Denver-area apartment complex

Bellwether Enterprise Real Estate Capital LLC, a subsidiary of Enterprise Community Investment Inc., closed an $18.6 million Freddie Mac Targeted
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With so much training, why are there still so many bad leaders?

Elias Aboujaoude is an author and clinical professor of psychiatry at the Stanford University School of Medicine. More opinion from Fortune: The
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New Study: Super-Popular Mobile Banking Apps Failing In Key Areas Of CX

The moral of that stat? If Gen Z thinks your mobile banking app is unintuitive, fix it. Fast. chart. Bank App Features That People Do
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Real Estate Trends

Real Estate Trends. What to expect in residential, retail, office, hotels and industrial. by Bill Hunt. Photo
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