California Democrats call on Carson to keep “free from discrimination” in HUD mission statement

California Democrats call on Carson to keep “free from discrimination” in HUD mission statement

Several prominent California Democrats, including the state's two Senators, are calling on the Department of Housing and Urban Development to not make the rumored changes to HUD's mission statement, arguing that removing the phrase “free from discrimination” could lead to a rise in housing
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Open banking – nothing but a busted flush

Open Banking, the sleeping revolution that permissively opens up personal bank account data and allows organisations to extract that data, is rightly attracting a lot of attention in the mortgage sector. An individual's recent spending provides insights into both liability and affordability. Having the
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Carrington Mortgage Services launches subprime lending program

Carrington Mortgage Services is launching a mortgage lending program that looks an awful lot like pre-crisis subprime lending, but the company claims that … According to Carrington, the program can make mortgages available loans to the approximately 100 million U.S. consumers who “have less than
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Cash-Out Refinancing Could Gain as Mortgage Interest Rates Rise

But when rates are higher, borrowers aren't incentivized by lower rates. As a result, those who are still looking to refinance are doing so to cash out. Citing data from Freddie Mac, the Urban Institute found that the share of refinancing implemented to take cash out of a home increased to 63% in the fourth
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There Is Absolutely No Reason to Bother with Under Armour Inc Stock

Then the company starts camping up its international sales and investors suddenly get all excited about double-digit growth internationally. But that's to be expected. Yet when you start to look underneath the hood and look at the overall numbers of the company, you realize that it still trading for an
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Istanbul Airport Group Seeks Additional Billion-Euro Loan

The builders of the world's biggest airport are talking with lenders for an additional 1 billion euros ($1.23 billion) to complete the first phase of the airport, two people with knowledge of the plan said. The five-member group of local contractors is tapping banks already exposed to the project, going back to
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TMS Named to HousingWire TECH100

TMS, a fast-growing fintech company, is excited to announce that its industry-leading subservicing platform SIME (Servicing Intelligence Made Easy) landed the company on the HousingWire TECH100, the top tech pioneers moving the housing and mortgage finance industry forward. “We're honored that
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Property Scope: Music and real estate expertise come together at Cotton Eyed Joe

Chuck Ward is known for flipping houses, but last year he picked up a property with plenty of commercial amenities — interstate visibility, thousands of square feet of retail space, one famous tenant … and a mechanical bull. In November, Ward paid $2,725,000 for the building at 11220 Outlet Drive that is
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Why Trump's Health Department Quietly Scrubbed Important Breast Cancer Info from Its Website

The Trump administration's Department of Health and Human Services (HHS) erased important information on breast cancer screenings and Affordable Care Act (aka Obamacare) benefits related to breast cancer from its women's health website with no warning, according to a report by the transparency
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UNO student wins more than $10000 on 'Wheel of Fortune'

A UNO student will have more cash in the bank after winning more than $10,000 on the Wheel of Fortune. Caitlyn Marco, a senior at the University of Nebraska at Omaha, appeared in an episode that aired Tuesday night during the show's annual college week featuring student contestants from across
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Homes: The value in using the services of a mortgage broker

Buying a home? Refinancing or Renewing your Mortgage? Your mortgage will likely be one of the biggest financial investments you will make and securing financing can be challenging. Mortgage brokers are available to assist you with navigating the complicated world of mortgages. With the new
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Access National Bank Promotes David A. Talebian, to Executive Vice President, Commercial Lending

Talebian has been with the Bank since 2007 upon graduating with a bachelor's degree in Finance from Virginia Tech. He later completed commercial lending and bank management education programs offered by both the Virginia Bankers Association and the American Bankers Association. “David has
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A luxury island life? Try Hawaii real estate

Last year Hawaii saw double-digit price gains in the luxury segment (defined as the top 5 per cent of sales). According to Realtor.com, prices in Maui increased 33 per cent to an average of US$2.485 million compared to a year prior, while the island of Kauai came in No. 4 in the country with a 25 per cent
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Canadian Real Estate Investment Trust Announces Extension of Election Deadline for Unitholders …

TORONTO, April 03, 2018 (GLOBE NEWSWIRE) — Canadian Real Estate Investment Trust (“CREIT”) (TSX:REF.UN) today announced an extension of the deadline by which unitholders of CREIT (“Unitholders”) have to elect a form of consideration to receive under the plan of arrangement (the
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Australia's housing market slowdown explained, in 4 charts

Australia's housing market is slowing down, led by the nation's largest and most expensive city, Sydney. However, as has been well documented, Australia is not one housing market, but many, with prices in many locations actually moving higher as those in other regions fall. Indeed, while Australian
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The Realities of Real Assets

There are, the paper says, three trends at work. First, investors are becoming both more sophisticated and more granular in the way they approach two classes of real asset in particular: real estate and infrastructure. This means that managers have to be on their toes, because investors are better
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Kilroy Realty Corporation Wins 2018 ENERGY STAR Partner of the Year Sustained Excellence …

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier … Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends and factors that are difficult to predict,
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These Are the World's Cheapest Places for Drugs, Booze and Cigarettes

… habit got a lot more expensive in the U.S. last year, rising the most of almost anywhere in the world, the annual Bloomberg Global Vice Index shows. … The new avenues make some drug markets less risky as they let users “buy drugs with a cryptocurrency, such as Bitcoin, and have their purchases
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Residents of Connecticut town offered square foot of Scotland and title of laird

Stephen Rossiter, sales and marketing director at Highland Titles, said more than 100,000 people had bought plots in Scotland through the company. “The real reason about what we do is conservation,” Rossiter said, adding that profits are funnelled into nature reserves. In terms of the noble-sounding
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Spotify Climbs After Going Public in Unusual Direct Listing

Spotify Technology SA shares climbed from their reference price after it began trading through a direct listing. The company skipped the traditional initial public offering process in favor of a route rarely taken by large, established companies. The stock rose 19 percent to $156.80 at 2:07 p.m. in New York
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