Billions at stake after ECJ advocate says Spain's mortgage pricing could be abusive

Billions at stake after ECJ advocate says Spain's mortgage pricing could be abusive

European Court of Justice opens door to compensation after deciding banks may have misled customers over loans tied to fixed index.
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FirstBank hires mortgage leader

Michael Whiting, who has been in Nashville since 2004, has joined downtown-based FirstBank as a mortgage banker and is now responsible for a
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Nigerian online-only bank startup Kuda raises $1.6M

Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company
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EPA settles with two Hawaii real estate firms over failure to disclose lead-based paint

The U.S. Environmental Protection Agency recently reached a settlement with two Hawaii residential real estate companies over their alleged failure to
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Meet Matthew Niksa, SVBJ's new commercial real estate reporter

Matthew Niksa has joined the Silicon Valley Business Journal as its new commercial real estate reporter, covering one of the paper's busiest and most
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Investors Who Bought Karrie International Holdings (HKG:1050) Shares Five Years Ago Are Now …

But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. Long term Karrie International
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GE Rips Off the Band-Aid at Baker Hughes

A writedown was likely inevitable for GE's stake in the venture. Better to just get it over with than wait for an improvement that could take years. By.
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Trump administration spars with senators over plan for mortgage giants Fannie and Freddie

WASHINGTON — Trump administration officials on Tuesday defended their plan for ending government control of the mortgage finance giants Fannie
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Some California Housing Markets More At Risk Should Recession Hit

Real estate data firm Redfin looked at the 50 largest housing markets in the United States, ranking them from lowest risk to highest based on seven
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Community lenders essential to future secondary mortgage market

Community lenders must be at the core of the future secondary mortgage market, CUNA wrote to the Senate Banking Committee Tuesday for its
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Robert Frank, Trailblazing Photographer of American Life, Dies

Robert Frank, the Swiss-born photographer who captured the loneliness and heartache of life in his 1958 book “The Americans” and became a
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McDonald's Buys Startup to Add Automated Drive-Thru Ordering

McDonald's Corp. is making a bet it can automate the task of taking drive-thru orders. The world's biggest restaurant company is buying startup
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Feds target possible New York City taxi loan fraud; Uber, Lyft drivers protest outside City Hall

NEW YORK CITY (WABC) — Federal prosecutors have opened an investigation into possible lending fraud in New York City's troubled yellow taxi
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Amazon Prime's Brazil Debut Sends Latin American Retailers Lower

Shares of e-commerce companies doing business in Brazil extended losses on Tuesday after Amazon.com Inc. said it's bringing its popular Prime
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Delancey Street is an Alternative Lender That Offers a Wide Range of Loans, Including Small …

Delancey Street is a company that offers alternative lending options for those unable to get funding from banks, whether it's due to credit scores, lack of
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What Is a Loan Prepayment Penalty?

Prepayment penalties may be tacked on when you pay off your loan balance or even pay down a large chunk of the principal. Some mortgage lenders
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What Does the Real Estate Slowdown Mean for Split Roll?

The real estate market is looking pretty soft in different parts of the state. A recession may be on the way, which could actually bring prices down after
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Nobody Wants to Pay to Build Brexit Britain

That's 50% more than Galliford's entire enterprise value as of Monday's close — proof of investors' dim view of the construction business rather than
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Hedge Funds Left Dizzy From Mnuchin's Musings on Fannie-Freddie

Hedge funds and other investors in Fannie Mae and Freddie Mac got more mixed messages from the Trump administration Tuesday, adding to the
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Introducing The Loop, Fortune's Newsletter on Sustainability: raceAhead

That's why I'm so excited that Fortune is adding another newsletter to our now impressive line-up, specifically on sustainability and the role
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