Alt-Lending Conglomerate TruFin Lands $97M In IPO

The U.K.'s alternative lending market is one of the world's most robust, with government support of the industry, landing in the form of new rules that require traditional lenders to refer would-be borrowers to alternative players should they be rejected for a loan. The new rules, enacted in 2016, have also
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Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most
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Four defendants indicted on 194 criminal charges for scam that cost vulnerable homeowners $2 million SAN DIEGO – California Attorney General Xavier Becerra announced the indictment of four individuals on 194 criminal felony counts for allegedly operating a mortgage fraud scheme throughout
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The median estimate of 18 economists surveyed by Bloomberg was for growth of 5.8 percent. The economy expanded 5.9 percent in 2017. Malaysia has benefited from rising demand for its manufactured goods and commodities, pushing last year's export growth to the fastest in 12 years. Consumer
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While 2017 marked the Phoenix home building market's best year in a decade, new home sales are still about half of their pre-boom and bust numbers, AZ Central reports. Meanwhile, millennials face a unique set of challenges to home ownership. Many entered the workforce during the Great Recession
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After YouTube TV's debut last year, Fortune noted that the service was incomplete compared to most cable offerings because of its lack of cable channels from the likes of Turner and Viacom. (YouTube TV still has not come to terms with Viacom, which owns networks such as MTV and Comedy Central.)
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In the PSU Bank index, the stock that got battered the most was Punjab National Bank which plunged 9.77 percent, followed by Bank of India which was down 7.8 percent, Oriental Bank of Commerce fell 7.73 percent, Allahabad Bank slipped 7.64 percent, Canara Bank was down 5.8 percent, and State
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Strong job growth, low unemployment and historically low interest rates all contributed to rising prices, said Mark Goldman, finance and real estate lecturer at San Diego State University. “If you look back at 2017, it was a robust year,” Goldman said. “Interest rates were quite good, the economy was
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S&P futures are drifting higher, with stocks now climbing for three straight sessions, albeit on much lighter volumes (~35% lower this week versus the daily average since the meltdown in stocks started). Today is a straight-up macro day with no bigger catalyst than the CPI number at 8:30am (headline
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Television-advertising sales in the U.S. fell 7.8 percent to $61.8 billion last year, the steepest drop outside of a recession in at least 20 years, while sales at cable networks slumped for the first time in almost a decade. And there's no sign of a pickup in 2018, excluding cyclical events like the Olympics and
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SAN RAFAEL, Calif., Feb. 14, 2018 /PRNewswire/ — Phoenix American Financial Services (“the Company”) is pleased to announce its new fund services contract with Virtus Real Estate Capital (“Virtus”). The Company will support Virtus with transfer agent and investor services. Virtus will benefit from
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We all know it was a really bad idea in the last cycle to concentrate so much of the credit risk of the huge American mortgage loan market on the banks of the Potomac River — in Fannie Mae and Freddie Mac. But the concentration is still there, a decade later. The Fannie and Freddie-centric U.S. housing
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They have risen every week of 2018 so far, with many analysts predicting continued increases. In its latest mortgage rate report, released February 8, loan giant Freddie Mac reported the average 30-year fixed rate was 4.32 percent, the highest level since December 2016. It was 3.95 percent January 4.
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The loss and bailout is not so much a black eye for Fannie as it is for Congress and policy makers who for more than nine years have failed to determine the futures of Fannie and Freddie Mac. Federal regulators took over the two companies during the 2008 financial crisis, eventually injecting them with
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Interestingly, Mark was originally a lawyer by background and he worked with the Fortress Investment Group as a part of the Fortress Credit team. Both careers exposed them to alternative lending as it started to develop. After some time, the pair linked back up, and the idea for Credibility Capital took off.
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However, Fannie Mae Reports Net Loss of $6.5 Billion and Comprehensive Loss of $6.7 Billion for Fourth Quarter 2017. Fannie Mae's annual pre-tax income for 2017 was $18.4 billion, compared with $18.3 billion in 2016. Fannie Mae reported a fourth quarter 2017 net loss of $6.5 billion, compared with
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment 1) Under the Securities Exchange Act of 1934 (Name of Issuer) APTOSE BIOSCIENCES INC. (Title of Class of Securities) Common Stock (CUSIP Number) 03835T200 (Date of
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In February 2018, the Creig Northrop Team of Long & Foster Real Estate became Northrop Realty, a full-service brokerage serving Maryland and Washington D.C. Creig's integrity and unquenchable … *According to volume by The Wall Street Journal & REAL Trends for 2010, 2011, 2012, and 2013.
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Oil States International Inc (NYSE:OIS), an energy company based in United States, received a lot of attention from a substantial price increase on the NYSE over the last few months. As a stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already
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The first is the enduring enmity of all the politicians, real estate speculators, white-collar currency pirates and money launderers who have turned Vancouver into a global swindler's paradise for real estate racketeering, a city that is now also one of the world's most hopelessly pathetic urban landscapes
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