Best Non-Bank Mortgage Lenders of 2018

Best Non-Bank Mortgage Lenders of 2018

Non-bank lenders provide a welcome alternative to traditional banks, especially for credit-challenged borrowers or those looking for a more streamlined mortgage experience. NerdWallet picked some of the best non-bank mortgage lenders in a variety of categories so you can quickly determine which
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Former Ataris Bassist Arrested in Alleged $27 Million Real Estate Scam

… Ataris Bassist Arrested in Alleged $27 Million Real Estate Scam. Michael Davenport faces 30 years in prison if convicted of charges of wire and mail fraud from telemarketing scheme. Former Ataris bassist Michael Davenport was arrested in late December for his role in a $27 million real estate scam.
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Trump's Physical Exam Inadvertently Sparks #Girther Movement

When President Obama was elected, Donald Trump was the catalyst behind the birther movement, a group of people that were convinced that Obama wasn't born in the United States. The group offered rewards for any evidence that supported their claim, although none ever came. President Trump's
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Crypto Lending Site's Shutdown Renews Ponzi Scheme Allegations

… said that they had trouble exchanging their BitConnect coins for Bitcoin. The company said that it would return $363.62 for every BitConnect coin users held, based on an average price over the past 15 days. BitConnect coins are trading at $12.60, according to data provider CoinMarketCap.com.
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New York City Sees Tax Gain as Real Estate Values Jump 9 Percent

(Bloomberg)—New York City is still reaping the benefits of the real estate boom. The city set a value of $1.26 trillion for its more than one million properties for the fiscal year beginning in July, an increase of 9.4 percent over the previous period that promises to boost the government's tax collections.
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Local housing market carried strong momentum into 2018

The local housing market is likely to benefit for several more months from the momentum that it ended 2017 with, according to a survey released Wednesday by Michael S. Clapp & Associates. Clapp, a real-estate appraiser, said he found several elements of a strong housing market in his year-end
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BitConnect Ends Exchange & Lending After Regulator Letters

BitConnect, which has been accused of being a Ponzi scheme, has shut down its exchange and its lending service. If you haven't heard of BitConnect, you might consider yourself lucky. The reason they gave for shutting down the majority of their services? Bad press, cease and desist letters, and a
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Ellie Mae: Refis dominate end-of-year mortgage market

“As we closed out 2017 we saw an increase in the percentage of refinances due to seasonality as fewer purchases take place in the fourth quarter, and likely homebuyers were taking advantage of the mortgage deductibility limit before it decreased to $750,000 on December 15th,” said Jonathan Corr,
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FirstBank Internet Banking, upgraded with exciting features to promote e-Banking

In order to maintain its leading edge in banking technology, First Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in
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3-Plus Reasons to Be Happy About Rising Interest Rates

Don't let interest rates be an abstract concept to you, because they have very meaningful impacts on your financial life. Mortgage rates, for example, do generally move in the direction that the Fed Funds rates move, and when they're quite high or low, it can make a big difference to your wallet and
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A Goldman Sachs Executive Was Robbed of $1.2 Million Worth of Wine

David Solomon, co-head of investment banking for The Goldman Sachs Group Inc., speaks in Beverly Hills, California, on May 4, 2011. Photograph by Jonathan Alcorn — Bloomberg via Getty Images. By Bloomberg. 4:05 PM EST. A former personal assistant to Goldman Sachs Group Inc. Co-President
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Reaction: CFPB Revisiting Payday Lending Rules 'is Unacceptable'

The CFPB's regulation of payday lenders always has provoked heated arguments on both sides of the issue and the agency's Tuesday announcement that it may reconsider its rule restricting lenders again fanned those flames. “Republicans are once again giving payday loan sharks a reprieve at the
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California had 77 of the country's 100 most expensive ZIP Codes for home sales last year, report says

A year-end report from real estate database PropertyShark has confirmed what every Angeleno already knows: California is a really expensive place to live. The analysis, which surveyed the priciest ZIP Codes in the country based on median home sales prices, found that California holds 77 of the 100
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Rising Housing Demand Leads to Increase in Mortgage Applications

Mortgage Applications Post holiday demand in housing and indications of a strong economy led to an increase in mortgage applications this week. The Market Composite Index, a weekly measure of mortgage loan application volume reported by the MBA, increased 4.1 percent on a seasonally adjusted
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Congressmen: Rescinding marijuana banking guidance would be 'dangerous and imprudent'

Longtime congressional proponents of marijuana banking provisions are urging the U.S. Treasury's Financial Crimes Enforcement Network to keep in tact marijuana banking guidance. FinCEN guidelines established in 2014 — outlining how financial institutions should approach banking services with
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Commercial Real Estate Loan Servicer

description. Great opportunity with a reputable growing Real Estate Finance Firm in St. Petersburg, FL 33710 . Responsibilities: Audit, book, analyze, administer, and reconcile commercial real estate and corporate loans. Create, record, execute, and keep up loan servicing policies and procedures.
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China civil servants lend cash to local government

Chinese civil servants in a heavily indebted industrial city have found a unique investment opportunity — by lending money to their own local government employer for “guaranteed” annualised returns of as much as 12 per cent. Since 2015 an online lending platform in Baotou, Inner Mongolia, has
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TPG Specialty Lending, Inc. Prices Public Offering of $150 million 4.500% Notes due 2023

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $150 million in aggregate principal amount of 4.500% notes due 2023. The notes will mature on January 22, 2023 and may be
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A banking IT system developed in Estonia one of the best in the world

The international Banking Technology Awards has named an information system developed by two Estonian companies as one of last year's best projects in the top banking technology shortlist. The system was developed by the Estonian bank, Bigbank, and a banking software company, Icefire.
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NerdWallet Recognizes New American Funding With Two Awards

NerdWallet has named New American Funding a two-time winner in its annual “Best-Of Awards Program,” which highlights the top financial companies and products nationwide for 2018. NerdWallet selected New American Funding as a Best Mortgage Lender for First-Time Home Buyers with Low Credit
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