Canada faces 'significant risks' from housing, trade tensions, says IMF

Canada faces 'significant risks' from housing, trade tensions, says IMF

Canada's economy is facing “significant risks” as high anxiety from trade tensions with the U.S. and the threat of correction in the housing market
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Cord Blood Banking Leader Cryo-Cell Acquires CORD:USE Cord Blood Bank, Inc.

This acquisition will propel Cryo-Cell International into the public cord blood banking business and is expected to further solidify Cryo-Cell
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Hernando Business Digest for June 8

Freedom Gardens II was financed with an $8.4 million construction loan from CitiBank backed with a Multifamily Mortgage Revenue Note from Florida
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The The's Matt Johnson on grief, his star-studded childhood, and why he blew a fortune on Infected

Beneath an old iron bridge in East London, nowhere near a Victorian park, two homeless people are bedding down for the afternoon. They have
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Commonwealth Bank Of Australia Faces Record Fines

The Commonwealth Bank of Australia (CBA) has formally agreed to a record fine of A$700 million ($529.3 million) in the hopes of bringing to an end
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Trump Doubles Down on Trade

Bloomberg's Josh Wingrove discusses the reaction to President Donald Trump's imposed steel and aluminum tariffs. He speaks on “Bloomberg
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Democrats Pressure Trump on Terms for Deal With North Korea

Senate Democrats sought to raise the stakes for any deal President Donald Trump strikes with North Korea by demanding it include complete
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Ask a Lender Ranks Mortgage Lenders in Texas Cities

These new rankings are a great resource for online home-loan shoppers in Texas, whether they're buying in big cities like Dallas, Houston or San
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Apple's iOS 12 Will Bring Speed and Smarts to iPhones and iPads

In a Worldwide Developers Conference (WWDC) discussion that started with some jabs at Google's Android, Apple's software chief Craig Federighi on
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How a CFPB overhaul of the QM rule will remake mortgages

Editor's Note: This is part one of a two-part series on the future of the qualified mortgage rule from the June issue of National Mortgage News
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IMF Flags Housing, Competitiveness as Canada Economy Risks

IMF Flags Housing, Competitiveness as Canada Economy Risks … the IMF's mission chief to Canada, said about the housing market in an interview.
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Greenspan estate continues RE selloff with Akelius deal

Akelius Real Estate Management has purchased one of the Greenspan family's last remaining properties. The company closed on the $30 million
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Howard Hanna adds title insurance to local offerings

A subsidiary of Howard Hanna Real Estate Services has started offering title, insurance and abstract services in the Buffalo area this month. Barristers
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FHFA Credit Scoring and Competition

The government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, own or guarantee more than half of the conventional mortgages in the
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Microsoft Buys Storage Site GitHub for $7.5 Billion

Microsoft Corp. is set to buy GitHub Inc., a code repository company popular with many software developers, for $7.5 billion in stock. Bloomberg's
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DTCC adds two new members to board of directors

The Depository Trust & Clearing Corporation (DTCC) has elected two new members to its board of directors. The new directors are Claudine
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Pippa Middleton: You Won't Believe How Much Duchess Kate's Sister Is Really Worth

Although Middleton created a nice fortune on her own, marrying billionaire James Matthews was a serious net worth game changer. So how much did
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JA Mitsui Leasing, Ltd., Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank …

JA Mitsui Leasing, Ltd., Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank Limited Extend Relationship with TowerJazz
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Mortgage delinquencies on the mend after hectic hurricane season

Historically, mortgage delinquencies in the month of April have risen 85% of the time, but April 2018 bucked that trend as they fell, according to Black
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Mortgage Rates Roll-Up On Jobs Growth, Unemployment Data

Non-Farm Payrolls data affects U.S. mortgage rates. As jobs markets improve, inflationary pressures surface and inflation leads to higher rates.
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