Bank Of America: Banking On A Brighter Future

Bank Of America: Banking On A Brighter Future

Bank of America (BAC) looks to continue higher as its operations improve alongside an attractive valuation multiple. BAC is emerging from a long-term
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Scaramucci Speech Scrapped After He Threatens to Sue College Op-Ed Writer

Anthony Scaramucci has threatened to sue a Tufts University graduate student and the school's newspaper over op-eds criticizing the former Trump
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5 reasons to be optimistic about the housing market

Other positive signs include mortgage rates still being under four percent, which means home shoppers still have the chance to lock in historically low rates. Homes are also selling faster, with 47 percent of listed properties staying on the market for less than a month according to the NAR. Finally
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How Facebook Plans to Use Artificial Intelligence to Help Prevent Suicide

Facebook will expand its pattern recognition software to other countries after successful tests in the U.S. to detect users with suicidal intent, the world's largest social media network said on Monday. Facebook began testing the software in the United States in March, when the company started scanning
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Report: Capital Region's housing market calm, cool and active

Inventory remains low with the number of homes for sale up by only one percent over this time last year. The inventory levels market-wide decreased by 18 percent to 5,398 units putting pressure on prices which increased the median sales price by six percent to $203,000 and left the percent of original
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Why we can't simply build our way out of the housing crisis

The housing market fails when referenced against most of these assumptions and behaves much differently to the idealised competitive markets. Changes in the housing market are treated like natural phenomena, shaped by the market's invisible hand when the reality is that human beings make
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The Mortgage Rule Changes That Need to Be Changed (November 27, 2017)

On January 1, 2018, our regulators will implement a sixth round of mortgage rule changes as part of their ongoing attempts to slow our economy's rate of mortgage debt accumulation. While I agree in principle with their instincts and with their earlier changes, I take issue with their most recent
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Toronto Imposing 15 Percent Tax On International Buyers

The government of Ontario announced measures of controlling the house bubble in Toronto and its surrounding areas and subsequently added a 15 per cent tax on foreign buyers to help ease the bubble including corporations. These decisions were made to control the number of Chinese investors
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Cyber Monday deals are everywhere you look — including Quicken mortgages

Cyber Monday is turning into a great day to pick up deals, if you're planning to buy someone a sweater, a video gaming console or a juicer this holiday season. Or maybe, you're looking for a deal on a mortgage? Yes, a few oddball deals are cropping up online too. Quicken Loans announced Monday
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Current Mortgage Rates for Monday, November 27, 2017

Here we go with another week. It has the potential to be a busy one with lots of economic data for investors to parse through, as well as some congressional testimonies from Fed officials, and of course, the unfolding situation with the GOP tax bill. Read on for more details.
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Rise in Banks' Fixed-Rate Long-Term Lending Could Be Risky

According to the FDIC (Federal Deposit Insurance Corporation), the proportion of long-term fixed-rate lending by US banks (C) (JPM) has risen in the
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The City With the Greatest Homeownership Increase Is …

A new data report from Realtor.com analyzed U.S. Census Bureau statistics covers the nation's 75 largest metro areas to compare the homeownership
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Multifamily Production Index Down 10 Points

Two of the MPI's three components were down in the third quarter: market-rate rental units and for-sale units both fell 17 points to 43 and 40,
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Trump Calls Elizabeth Warren 'Pocahontas' at Event to Honor Navajo Veterans

President Donald Trump punctuated a meeting with Native American veterans on Monday by calling Massachusetts Senator Elizabeth Warren “Pocahontas” — a racially-tinged nickname he's deployed for years to belittle one of his chief Democratic antagonists. Donald Trump meets with Navajo Code
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Commentary: It Turns Out Trump's Tax Plan Is Bad for Businesses Too

Critics have already said President Donald Trump and congressional Republicans' tax reform plan will do little to improve economic growth, will
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3 Indicted For Hacking of Siemens, Trimble, Moodys Analytics

A U.S. jury has indicted three people affiliated with a Chinese cyber security firm on computer fraud charges, saying they hacked into the networks of
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BNP Paribas Arbitrage SA Acquires 12107 Shares of Fidelity National Financial, Inc. (FNF)

Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified
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Advantage Bank to Host Free Economic Outlook on December 1, 2017

Loveland, CO (November 8, 2017) – Advantage Bank will host a free economic outlook event on Friday, December 1, 2017 at Embassy Suites in Loveland. The event will feature a presentation from Dr. Richard Wobbekind, Senior Economist and Associate Dean for Business and Government Relations
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“Mystery Shopper” Experiment Reveals Racial Gap in Small Business Lending

Earlier this year, in a large metropolitan area of the eastern United States, two men walked into the same bank branch on the same day, each at
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Will the National Housing Strategy impact Toronto's real estate market? Not anytime soon …

But what does it mean for Toronto's real estate market? According to RBC Senior Economist Robert Hogue, not much — at least for now. “Really, any changes to the housing market will depend on how quickly the strategy can translate to new units on the ground,” Hogue tells BuzzBuzzNews. “But really
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