Bermuda-based re/insurer Arch Capital Group is taking part in a new mortgage credit risk transfer pilot programme with Federal Home Loan Mortgage Corporation Freddie Mac. The pilot scheme aims to attract âa diversified and robust capital base to the US housing market.â Arch has committed to deliver
See Original Article
Last year was an âexceptional yearâ for the European investment fund industry, according to the European Fund and Asset Management Association's (EFAMA) Q4 2017 results. The results, released on 12 March, indicated that the combined net assets of UCITS and alternative investment funds (AIF)
See Original Article
The lending will be mainly for infrastructure projects, Junaid Ahmad said. Last November, India jumped into 100th place on the World Bank's ranking of countries by Ease of Doing Business for the first time in its report for 2018, up about 30 places, driven by reforms in access to credit, power supplies and
See Original Article
On Wednesday morning, the price of one Bitcoin slipped back below the $9,000 mark for the first time this week, following several pieces of potentially worrying news for the cryptocurrency community. First came a blog post from Christine Lagarde, in which the head of the International Monetary Fund
See Original Article
Major real estate analytics leader Terradatum just announced the acquisition of two media companies owned by Schweickart, Inc. Terradatum, which provides real estate analytics and metrics software, is acquiring VScreen and OnHoldUSA. Terms of the deal were not disclosed. VScreen specializes in
See Original Article
When you have listings, you have something to advertise, something to promote and something to prospect around. Throwing open houses gives you a reason to meet the neighbors and tap into your database, not to mention countless social media posts, excellent video content and fresh blog material.
See Original Article
The number of mortgages being offered for buyers with very small deposits has hit its highest level in 10 years. According to data firm Moneyfacts, lenders introduced 37 new deals for borrowers with a deposit of only 5pc last month, bringing the total number beyond 300 for the first time since April 2008.
See Original Article
The arrangement will see Arch underwriting risks from Freddie Mac and acting as an intermediary of sorts, to channel them to reinsurance capital. In this way Arch will earn fee income while not putting its own balance-sheet capital at risk, while other reinsurers will be able to bid to access the mortgage
See Original Article
For the past week, Warren has been telling anyone who will listen that one-third of her fellow Democrats in the Senate are caving to Wall Street and bank lobbyists by joining Republicans in legislation to roll back a part of the 2010 Dodd-Frank financial regulatory overhaul. The bill's supporters say it is
See Original Article
Louisville-based Denton Floyd Real Estate Group has provided the first visual glimpse of its plan to turn the historic former Grocers Ice & Cold Storage property in downtown Louisville into apartments. The development firm recently shared renderings for the complex with Louisville Metro Government.
See Original Article
Bengaluru-based online lending platform Avail Finance has raised $17.2 Mn in a Series A funding round from Matrix Partners which is a mix of debt and equity. Bhavish Aggarwal and Ankit Bhati, Ola's co-founders; Binny Bansal, co-founder & group CEO of Flipkart; Kunal Shah, founder of Freecharge;
See Original Article
RIYADH (Reuters) – Saudi Arabia's housing ministry has set a target for the mortgage market to reach a total value of 502 billion riyals ($134 billion) by … of funding for home purchases and lifting the maximum loan-to-value rate on for mortgages for first-time homebuyers to 90 percent from 85 percent.
See Original Article
Toys âRâ Us Inc. has missed payments to some suppliers in recent days as its U.S. division heads toward a likely liquidation, according to people with knowledge of the situation. The payments stopped without explanation, said the people, who asked not to be identified because the matter is private.
See Original Article
Within the county, there is only a 1.5-month supply of homes available for less than $200,000, according to data from the Heartland Realtor Organization. That's far below the desired supply for a balanced local housing market. âIt's considered a balanced market when there is between six and eight
See Original Article
The company suspended 7,000 customer accounts for ads that impersonated a news article — what Google calls “tabloid cloaking” — and blocked more than 12,000 websites for copying information from other publications. It's unlikely that the 3.2 billion ads pulled in 2017, nor the coming cryptocurrency
See Original Article
Currently, Kellar-Davis has 35 full time professional real estate agents working at out Canyon Country, Newhall and Friendly Valley offices. Although a small, independent company, our agents at Kellar-Davis take great pride in their work and strive to accomplish the goals of our clients. To reach
See Original Article
SEOUL, March 14 (Yonhap) — South Korea's household lending by banks slowed down last month as the Seoul government intensifies its policy efforts to control the real estate market, central bank data showed Wednesday. Outstanding household loans from lenders came to 772 trillion won (US$723
See Original Article
“By solving for the core of the problem in not having a credit history, using advanced technology, data sciences and artificial intelligence, we are bringing a new approach to an age-old problem. The huge chunk of people in the urban mass who are currently being ignored by the formal lending sector will
See Original Article
A motorcyclist drives past past a burning barricade set up by protesters who are angry over what they see as the slow pace of a multimillion-dollar plan to revitalize the city's collapsed sewer system, water supply and housing in Colon, Panama, Tuesday, March 13, 2018. (AP Photo/Arnulfo Franco).
See Original Article
Congress wants to accelerate a shake-up of one firm's dominance over the credit scores used to vet many U.S. mortgages. Lawmakers last week proposed adding a provision to a bank-deregulation bill that would require mortgage-finance giants Fannie Mae and Freddie Mac to consider credit scores
See Original Article