Canadian Consumers Begin Year With Confidence Near Record Levels

Canadian Consumers Begin Year With Confidence Near Record Levels

The Bloomberg Nanos Canadian Confidence Index — a weekly composite gauge based on survey questions — was at 62.2 for the week ended Dec. 29. That's the highest reading since the final week of 2009, when the economy was just beginning to emerge from recession, and bodes well for the
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Jeanne D'Arc welcomes new mortgage members home

“Derek and Michelle's family and friends were very happy to share the experience of buying their first home,” said Jason Dubois, Jeanne D'Arc Credit Union's Mortgage Loan Origination Manager. Dubois helped the couple through the home buying process and helped them secure their financing with
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The Future of Real Estate is Tech Enabled

As in the aforementioned industries, companies and entrepreneurs in the real estate sector are also developing tech driven applications, systems, and processes that will alter how the real estate industry operates. Aptly labeled “Real Estate Tech”, this emerging ecosystem of entrepreneurs and
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Diamond Residential Mortgage Prime Time Performer: Holiday Tournament Edition

Diamond Residential Mortgage Prime Time Performer: Holiday Tournament Edition. January 2, 2018. Here are this week's candidates for Diamond Residential Mortgage Prime Time Performer. You can vote once every 12 hours until the polls close on Friday at 5 p.m.. The winner will receive a $20 gift
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Vice Suspends Two Top Executives to Review Harassment Claims

Vice Media Inc. suspended President Andrew Creighton and Chief Digital Officer Mike Germano while it investigates harassment claims against them, according to a memo obtained by Bloomberg. Allegations against Germano will be reviewed by an external investigator, Chief Operating Officer Sarah
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Apple Just Bought This Canadian Software Startup

Apple just bought a Canadian startup that specializes in creating software development tools for coders. Buddybuild, which disclosed the acquisition on Tuesday in a blog post, said its staff will join Apple's Xcode engineering group. Xcode is the name of Apple's (aapl) suite of software development tools
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Google's 'Dutch Sandwich' Shielded 16 Billion Euros From Tax

Alphabet Inc.'s Google moved 15.9 billion euros ($19.2 billion) to a Bermuda shell company in 2016, regulatory filings in the Netherlands show — saving the company billions of dollars in taxes that year. Google uses two structures, known as a “Double Irish” and a “Dutch Sandwich,” to shield the majority
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Mortgage Lending Services Announces Name Change to TruStone Home Mortgage

PLYMOUTH, Minn., Jan. 02, 2018 (GLOBE NEWSWIRE) — Mortgage Lending Services, LLC announced today that it has changed its name to TruStone Home Mortgage, LLC. The mortgage company's new name takes advantage of the increased brand recognition of its parent company, TruStone
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Report: Shelby County Leads State In Payday Lenders

Shelby County has more payday lenders (by far) than any other county in the state, according to a new report from a Chattanooga-based think tank. The county has 232 payday lending locations, more than double of second-ranked Davidson County (Nashville), which has 109. Metro Ideas Project.
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Home buyers may be on the move in 2018

Rising home prices, coupled with the reduction of some homeownership tax benefits, could bring about significant changes to the 2018 housing market. Javier Vivas, Director, Economic Research at realtor.com, sees housing markets with both high home prices and high taxes as facing some of the
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The Number of Women in the Senate Will Hit an All-Time High of 22

When Tina Smith takes the oath of office Wednesday to become Minnesota's newest senator, she will become the 22nd woman to serve in the current U.S. Senate — a record-breaking milestone. Smith, previously Minnesota's lieutenant governor, was appointed to serve as her state's senator following
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Federal judge finds PwC negligent in Taylor, Bean & Whitaker/Colonial Bank audits

Fannie Mae discovered this fraud when Farkas was unable to make payments on the eight fraudulent loans, but did not communicate its findings to Freddie Mac, its regulator or other interested parties. Subsequently, Freddie considerably increased the volume of its business with TBW. Farkas' schemes
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BC real estate not good home for Bitcoin transactions

“While bitcoins can be used legitimately for many purposes, there are also significant risks associated with them, including the risk that the currency may be used to disguise the source of money derived from criminal activities – commonly known as money laundering,” the Real Estate Council of British
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Central Bank report notes increase in mortgage arrears

The Central Bank of The Bahamas' (CBOB) monthly economic and financial developments report for November 2017 revealed that mortgage arrears were up by $5.6 million for the review period. In the report, released last week, the regulator showed that private sector loan arrears declined by $1.2
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Banker returns to Fifth Third Bank after 3-year hiatus as entrepreneur

GRAND RAPIDS, MI – After a three-year hiatus as an entrepreneur and business owner, Josh Van Manen is rejoining Fifth Third Bank as a senior vice president and commercial relationship manager in the bank's Grand Rapids office. “In this role, Van Manen will focus on profitable business development
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Ex-Netflix Exec Thinks This Fintech Company Has Netflix-Like Potential

The company McCord joined is Lending Club (NYSE: LC) . This may seem odd: Lending Club's loan marketplace is vastly different than Netflix's subscription service. Lending Club offers consumers unsecured three- and five-year fixed-rate loans, often at lower interest rates than credit cards. Lending
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Depositing money in the US to Canadian accounts

I am originally from Canada, but now live in Maryland. I have accounts with TD Bank in the US and TD Canada Trust in Canada. Can I use US TD Bank branches to deposit Canadian Cash directly into my Canadian TD accounts?
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888Poker Running New Year Fortune Trail Promotion

Players who complete the Fortune Trail by the end of the promotion (5th February 2018) will win a cash prize of up to $250,000. Like most 888Poker promotions, Fortune Trail is designed to appeal to players of all bankrolls and skill levels. Also like most 888Poker promotions, everybody who has made a
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How a Maryland bank is quietly solving the marijuana industry's cash problem

Most banks refuse to open accounts for cannabis-related businesses even in states where pot is legal, citing federal laws that outlaw the drug and consider it on par with cocaine and heroin. In Maryland, however, at least one community bank is working with the state's newly launched medical marijuana
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How To Start A Business In 2018

In 2017, approval rates for small business loan requests hit post-recession highs at big banks, according to the December Biz2Credit Small Business Lending Index, which tracked November figures. Further, small banks are granting almost half of their requests for financing, and newer sources of
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