Austin Housing Market on Track for New Record Despite Lag

Austin Housing Market on Track for New Record Despite Lag

CENTRAL TEXAS – Home sales in Austin plateaued in September but according to real estate experts, that's not a sign of an overall trend. After all
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Berkadia Appoints New Managing Director in KC Office

… of the agency lenders including FHA/HUD, Fannie Mae and Freddie Mac, Schorgl brings more than 20 years of real estate experience to Berkadia.
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Leveraging Mobile Banking Apps For Two-Way Customer Communication

Banking providers need to deliver a more customer-centric, convenient and streamlined user experience. Here's how real time communications can
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Is Miami's luxury housing market poised for a repeat of 2008?

Luxury property sales dropped by 15 percent year-over-year across the Miami and Miami Beach markets this past quarter – and for the single-family
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Feds work to shift more mortgage default risk to banks

Under the current system, banks are able to shift virtually all mortgage risk to taxpayer-backed insurers. The federal government wants to change that.
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Madison Capital buys retail space at South Beach's Boulan condo-hotel for $57M

BEB Real Estate, led by Bert Brodsky, built the 52-unit Boulan condo-hotel in 2010. In March, the developer sold 2,200 square feet of the building's
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Small biz lending approval rates improved at NY-based big banks

In September, small business lending approval rates improved at New York-based big banks ($10 billion+ in assets) to 23.5%, according to the
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Despite bumper IPOs, investment banking fee pool down 40%

The fees earned by investment banks on equity-related capital raising transactions has shrunk this year, despite a boom in the Initial Public Offer (IPO)
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Real estate photos show North Texas home strewn with Natural Light beer boxes, cans

In the real estate photos of the kitchen, empty 30-packs of Natural Light, a low priced beer that costs less than 75 cents per can when purchased in this
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Borrowers allege Nationstar, Bank of America added balloon fees to mortgages

According to the complaint, the plaintiffs allege that they were being presented with unexpected balloon payments at the end of their mortgage by
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Payments round-up: 21 October 2016

French bank BNP Paribas and supermarket titan Carrefour are to merge their Wa! and Fivory electronic wallets to create a unified mobile payment
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Set up banking outlets in police stations for security of elderly, banks urged

Banks in Samburu county have urged to set up money outlets and ATMs in or near police stations to ensure the security of the old as they withdraw
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FGMC sees strength in correspondent lending as industry pulls away

Despite many companies pulling away from correspondent lending, First Guaranty Mortgage Corporation once again announced it is dedicating more
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The Pipeline: Commercial real estate deals for 10.21.16

22 E. Broad LLC purchased a 7,695-square-foot building at 22 E. Broad St. in Richmond for $375,000. Kerry Riley represented the seller in the
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