BB&T breaks ground on 140,00 square foot mortgage servicing centre

BB&T breaks ground on 140,00 square foot mortgage servicing centre

BB&T Corporation (BBT) today held groundbreaking ceremonies for a 140,000-square-foot mortgage servicing center at 825 E. Butler Road in
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Scrip dividends spur European sec lending returns

Scrip dividends are continuing to boost fees across the European securities lending market, statistics from IHS Markit show. Beneficial owners earned
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Debut green agency CMBS priced

We're proud to be able to lead the way with a multifamily mortgage product that truly benefits communities, as well as borrowers, lenders and investors
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Los Angeles Looks to Rein in Real-Estate Development

LOS ANGELES—The second-largest U.S. city is considering a measure that would effectively halt all housing construction, the most extreme example
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SBA Tweaks Lending Rule, Relieving Some Franchisors

The Small Business Administration temporarily tweaked its new procedures governing lending to franchisees, to the relief of many franchisors and
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US mortgage rates fall in latest week -Freddie Mac

U.S. mortgage rates fall in latest week -Freddie Mac … The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan,
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Mobile-first banking takes off in Ireland with 10000 customers for N26

N26, a low-cost mobile-first bank, which was awarded a full European retail banking licence last year, has gained about 10,000 customers in Ireland,
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Deutsche Bank Pressured to Come Clean on Trump

The international banking giant that Donald Trump and some of his family use is coming under pressure to appoint an independent auditor to examine
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Is your business missing out on asset based lending?

And while almost half the SMEs in the study (44 per cent) say they would consider asset based lending over a loan or an overdraft, this willingness is
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LenderLive takes PHH private-label mortgage operations

Earlier this week, PHH announced that it plans to exit its joint mortgage venture with Realogy Holdings, ceding the business to Guaranteed Rate as
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Iredell real estate transactions: Feb. 5-11

The following deeds were filed in the Iredell County Register of Deeds office from Feb. 5-11. For more information regarding specific plots of land, visit
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Real estate agent: Kolter took my commissions on Water Club condo

Now a former Kolter real estate agent, Lori Ann Civitillo, said Kolter wrongly grabbed commissions owed her on several closed condo sales — to make
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Kidder Mathews merges with Southern California real estate firm

West Coast commercial real estate firm Kidder Mathews announced it has completed discussions to merge with Heger Industrial, one of the most
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US Households Ramp Up Borrowing Led by Mortgages, Credit Cards

Consumer debt rose by $226 billion, or 1.8 percent, in the fourth quarter, led by a $130 billion increase in mortgage loan balances and a $32 billion
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Rising house prices could sink us

The Ontario government relies so heavily on Toronto's roiling housing market for revenue that even a small decline in prices could blow a billion-dollar
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Marketplace Lending, the Crowdfunding Alternative?

Bechtel: “Speed, flexibility and creativity are huge competitive advantages, especially in the Bechtel: “Speed, flexibility and creativity are huge
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Mortgage Lenders Urged to Simplify Loan Mods

Lenders need to streamline the application process in loan modification programs, sparing borrowers from having to submit documents that reveal
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How some banks, insurers keep tight reins on industries like gambling, brothels, tattoos

Bank of Queensland declined to discuss particular clients. But the lender said as part “of a regular review process, BoQ has identified a number of
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Freddie Mac Ends 2016 With a Profit

For the fourth quarter of 2016, Freddie Mac recorded net income of $4.8 billion and comprehensive income of $3.9 billion. In comparison, it recorded
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Mortgage Rates Diverge from 10-Year Treasury Yield

The 30-year fixed-rate mortgage averaged 4.15% for the week ending Feb. 16, down from last week when it averaged 4.17%. A year ago at this time,
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