Assured returns scheme to be banned: How it will impact real estate and homebuyers

“Taking deposits by offering assured returns is not really selling real estate, it is selling some other scheme. This is a ponzi scheme. You are taking debt from the public as a public deposit and that was not regulated. This practice was common mostly among Grade b and Grade c developers who were
See Original Article

EAST DORSET, Vt., Feb. 22, 2018 /PRNewswire/ — The SteelShad Fishing Company is proud to announce that it is the 2018 Title Sponsor of the College Bass Fishing Club Team at the University of Tennessee – Knoxville. Mr. Saxton Long, President of the Bass Fishing Club Team remarks, “SteelShad
See Original Article

SOLON, Ohio, Feb. 22, 2018 /PRNewswire/ — MRI Software LLC (“MRI”), a global leader in real estate software solutions, today announced significant growth in its core business, driven by a strong market desire for a real estate software platform that offers the freedom to connect with other vendors'
See Original Article

Dimensional Fund Advisors LP lifted its stake in shares of McDermott International by 10.3% during the third quarter. Dimensional Fund Advisors LP now owns 23,082,635 shares of the oil and gas company's stock worth $167,811,000 after buying an additional 2,151,895 shares during the period.
See Original Article

Fannie Mae allows borrowers to use the rental income as part of the income qualification to refinance their home loans. Airbnb already tracks the income data and will now provide documentation for a mortgage application. Borrowers can use Airbnb income to apply for refinances through Quicken Loans
See Original Article

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $365.26 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance
See Original Article

Nestle, Unilever, and Walmart use blockchain to trace their supply chains and check food safety, Maersk employs it to optimize its logistics, while banks use it to facilitate international trade. IBM also recently partnered with blockchain start-up Stellar to settle cross-border transactions with a custom
See Original Article

The USA women's hockey team won its first gold medal since 1998 at the 2018 Winter Olympics in Pyeongchang, South Korea on Thursday, beating Canada in a heart-pounding shootout. The U.S.'s victory ended Canada's winning streak of four consecutive Olympic gold medals. The triumph capped 12
See Original Article

WASHINGTON — Long-term U.S. mortgage rates crept higher this week, upping the costs of borrowing to purchase a home just as more of the millennial generation is entering the real estate market. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose
See Original Article

President Donald Trump offered a full-throated endorsement of the National Rifle Association on Thursday as the organization mounted an offensive against efforts to tighten gun restrictions in the wake of a Florida school shooting that killed 17 people. It was a jarring contrast just a day after his
See Original Article

He wasn't sure if a title company would insure such a property. He advised Smith to contact a title company and ask if they would insure it. Smith went ahead and bought title insurance when a company said it would cover the paper street. That was a step too far, village officials said. “The letter doesn't
See Original Article

Will I or won't I? An essential concern shared by prospective home buyers who need to finance their purchase is whether they will qualify for a mortgage for the amount and terms they require. Pushback against overly tight credit after the housing crisis, a shrunken proportion of first-time buyers and worry
See Original Article

Property in Liberty Township; $23,000. Eric B. and Lori M. Schrader to Tyler W. Brady. Property in Sugar Grove Township; $59,900. Kimberly Abbott, executrix of the estate of Irene Sykola to Blase A. Iorio, III. and Heather N. Iorio. Property in South Pymatuning Township; $145,512. Brandon B. Herring to
See Original Article

This latest update marks exactly five years of DRI data, demonstrating a sustained trend across asset classes in which origination volumes generally increased while the risk profile of those originations became more conservative. In the third quarter, for example, student lenders originated the highest
See Original Article

Marquette University professor Mark Eppli started the Associates in Commercial Real Estate (ACRE) program in 2005 with the goal of increasing the number of minorities in the industry. Today, more than 200 students have graduated from the program. They include Keith Stanley, executive director of
See Original Article

Cryptocurrency mining rigs operate in a cargo container at the Golden Fleece cryptocurrency mining company in Kutaisi, Georgia, on Monday, Jan. 22, 2018. Golden Fleece uses a cargo container with Chinese-built computers inside a dilapidated Soviet-era tractor factory to extract cryptocurrencies
See Original Article

ING Corporate Lending NL is looking for a Transaction Manager Corporate Lending (Commercial Product Specialist HVA F/E – Job grade 10/11 – Associate/Vice President)Corporate Lending Netherlands has a challenging opportunity available for an ambitious professional. Corporate Lending NL
See Original Article

The needle-free FluMist influenza vaccine is coming back to the U.S. after two years off the market, promising a less painful way for people to inoculate themselves against the infectious disease. The nasal-spray version of the vaccination was off the menu for the last couple years as it was largely
See Original Article

Mortgage rates continued their upward climb this week, with the average rate for a 30-year fixed-rate mortgage (FRM) rising to 4.40%, up from 4.38%, according to Freddie Mac's Primary Mortgage Market Survey. A year ago at this time, the 30-year FRM averaged 4.16%. It was the seventh consecutive
See Original Article

Silvio Berlusconi, leader of the Forza Italia party, poses for photographers before attending a recording of the “Porta a Porta” television show in Rome, Italy, on Feb. 14, 2018. Photographer: Alessia Pierdomenico/Bloomberg. Silvio Berlusconi says he wishes Donald Trump would count to 10 before firing
See Original Article