Briefcase: Stocks end quarter in the red; data breach at Under Armour

NEW YORK — Technology companies powered U.S. stocks to solid gains Thursday, snapping the market's two-day losing streak. Banks, consumer-focused companies and industrial stocks also helped lift the market. Even so, the broad gains, which came on the last day of trading ahead of the Easter
See Original Article

It's Like eBay, But Everything Sells in 90 Seconds.Tophatter · Banyan Hill Publishing · This $22 Tech Stock is Set to Soar by 2020 (50 Billion Devices)Banyan Hill Publishing · Digg.com for Hint Water · Can't stop drinking soda? Try this Replacement!Digg.com for Hint Water. LIVE ON BLOOMBERG.
See Original Article

Meanwhile the housing industry continues to move toward a more automated systems, utilizing systems and data in some mortgage transaction and not going through the traditional appraisal route. But now, the Appraiser Qualifications Board is updating its requirements to become an appraiser
See Original Article

As part of our series, CRE Future Leaders, we caught up with Brooke Jackson, multifamily originations vice president at Pillar Financial. Jackson is responsible for production across all Pillar product lines, specializing in conventional multifamily financing with Fannie Mae and Freddie Mac throughout the
See Original Article

When we talk about multinationals, Samsung is the one company which truly dominates. The Korean tech giant manufactures almost every consumer gadget/electronic device out there, from washing machines to smartphones. Its memory and display manufacturing facilities are unparalleled globally.
See Original Article

According to the Greater Alabama MLS, there were 5.1 months of housing supply during February, a 19.6 percent decrease from the previous month. The “months of housing supply” is a simple calculation – homes listed (supply) divided by homes sold (demand). Generally speaking, the market is in
See Original Article

The tide of America's drug overdose and opioid crisis isn't turning; in fact, the epidemic seems to be getting worse, according a detailed new report by the Centers for Disease Control (CDC). Drug overdoses rose in every corner of the nation in 2016, according to the analysis, indiscriminately afflicting
See Original Article

The Wall Street Journal has a graphical retrospective today about the banking industry ten years after the great crash. Here are a couple of their charts: The Journal inexplicably left out a chart on banking industry profits, so I'll just add that one myself: Remember this the next time you hear tales of woe
See Original Article

In addition, the country still has a long way to go to close the gap that separates it from other countries in the region in terms of financial inclusion, opening opportunities for banks and innovation. Along these lines, fintechs and a recent law that promises to integrate credit unions further into the formal
See Original Article

These risks and uncertainties involve general economic trends, changes in interest rates, loss of deposits and loan demand to other financial institutions, substantial changes in financial markets, changes in real estate value and the real estate market, regulatory changes, possibility of unforeseen events
See Original Article

The GSE sold 113 loans via auction to New Penn as part of its Extended Timeline Pool Offering. The transaction is expected to settle in May 2018. Freddie Mac began marketing its transaction on February 15, 2018 to potential bidders, including minority- and women-owned businesses, nonprofits,
See Original Article

A Whole Foods store in Austin, Texas has reportedly been testing signs promoting a 10% discount for Amazon Prime members. The signs were only hung for a short period of time and Amazon did not immediately reply to a request for comment on whether it was planning to make this a national offer.
See Original Article

Alexandria has lost more than 17,000 market-affordable rental homes since 2000 – a shocking 90 percent loss of the city's moderately priced housing stock. These apartment buildings were the victims of sweeping market forces that have demolished older housing stock in desirable close-in locations
See Original Article

Peer-to-peer lending is hypothesized to help equalize economic opportunities for the world's poor. We empirically investigate the “flat-world” hypothesis, the idea that globalization eventually leads to economic equality, using crowdfinancing data for over 660000 loans in 220 nations and territories made
See Original Article

The domestic banking sector reported a total of 12,553 fraud cases worth ₹ 18,170 crore in fiscal 2016-17, with state-run Bank of Maharashtra registering the highest number of such cases, says a report. While Bank of Maharashtra reported 3,893 cases of fraud, private sector lender ICICI Bank came a
See Original Article

Washington (AP) — The State Department wants to require all U.S. visa applicants to submit their social media usernames, previous email addresses and phone numbers, vastly expanding the Trump administration's enhanced vetting of potential immigrants and visitors. In documents to be published in
See Original Article

For a second time this year, the S&P 500 Index managed to stay above a widely watched trend line: its average price over the previous 200 days. So is it time to celebrate the end of the two-month tumult in the stock market? Nope, warns Michael Shaoul, chief executive officer of Marketfield Asset
See Original Article

Mortgage rates are on track to finish out the short trading week (markets closed for Good Friday). This is great news for anyone looking to buy a home or refinance they current mortgage. It only takes a few minutes online or a quick phone call to get started. Read on for more details.
See Original Article

Are U.S. subprime mortgage securities making a comeback? The issuance of bonds backed by home loans too risky to qualify for Fannie Mae or Freddie Mac's quasi-insurance almost doubled year-over-year in the first quarter of 2018, to $1.3 billion from $666 million. Matt Nichols, who heads the North
See Original Article

The Under Armour logo is displayed on the new Stephen Curry basketball shoe in San Rafael, Calif. Photograph by Justin Sullivan—Getty Images. By Bloomberg. 5:11 PM EDT. Under Armour Inc., joining a growing list of corporate victims of hacker attacks, said about 150 million user accounts for its
See Original Article