CBC National Bank Holds Holiday-Themed Grand Opening for New Mount Pleasant Mortgage …

CBC National Bank Holds Holiday-Themed Grand Opening for New Mount Pleasant Mortgage …

MOUNT PLEASANT, S.C., Dec. 5, 2017 /PRNewswire/ — CBC National Bank, headquartered in Fernandina Beach and with branches in Fernandina Beach, Ocala and The Villages, Fla., and Beaufort and Port Royal, S.C., held a Holiday Grand Opening for its new Mount Pleasant mortgage lending office
See Original Article

Encore Wire Co. (NASDAQ:WIRE) Stake Lessened by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC reduced its position in Encore Wire Co. … Finally, Bank of America Corp DE boosted its stake in Encore Wire by 16.1% in … and industrial buildings, homes, apartments, and manufactured housing.
See Original Article

Wanted: gifts for Crestview Manor residents

CRESTVIEW — The Main Street Land Title Company, Inc. is continuing its annual effort to provide Christmas gifts to the 57 residents at Crestview Manor. The company, its clients, industry partners and friends have worked together over the past several years to provide a merrier Christmas for them,
See Original Article

Did your favorite company win Best of Central Valley Business?

1 to Oct. 31. The top three finalists from each category were invited to the event. New categories this year included Best Local Morning Radio Show, Best Interior Design Firm, Best Local Lunch Spot to Eat During the Work Week, Best Family Owned Business, Best Title Company and Best Local Annual
See Original Article

Bonus Pools at Canadian Banks Increase 11% to $11.3 Billion

National Bank of Canada and Royal Bank of Canada had the biggest increase in performance-based pay from the year earlier, while Bank of Nova
See Original Article

Bank of Montreal Posts Record Profit From US Business

Bank of Montreal's new chief executive officer, Darryl White, says he wants a greater share of earnings coming from the U.S. He's seeing some
See Original Article

Senate Banking committee introduces repeal of Dodd-Frank Act

The Mortgage Bankers Association said this bill will bring important regulatory relief to the housing market, and sent a letter of support to Crapo, asking
See Original Article

Continued inventory shortage to drive prices higher than expected

The housing supply shortage will continue into 2018 driving home prices higher next year than some market observers previously predicted. Prices should increase by 4.1% in 2018, according to a survey of over 100 housing experts, market strategists and economists conducted for Zillow by
See Original Article

MassHousing Honors Top Originators of First Mortgage Loans for Fiscal Year 2017

BOSTON – MassHousing has honored the top originators of first mortgage loans from 27 of the Agency's lending partners for providing MassHousing home loans for low- and moderate-income Massachusetts residents. The loan originators were honored in Gold, Silver and Bronze categories based on
See Original Article

Woodbridge bankruptcy burns advisers and real estate investors

“Historically a leading developer of high-end real estate, as the size and scope of the business has grown, increased operating and development costs have been exacerbated by the unforeseen costs associated with ongoing litigation and regulatory compliance,” according to the company.
See Original Article

Mobile banking soars in the UK as trust grows

Overall, half of Brits (52 per cent) are now using a banking app on their smartphone, up from 38 per cent in 2015, showing the importance of banks
See Original Article

Malauzai's Monkey Insights Analyzes General Digital Banking Activity

AUSTIN, Texas–(BUSINESS WIRE)–Malauzai Software, a provider of mobile and Internet banking SmartApps™ for community financial institutions,
See Original Article

Housing Market's Comeback Is Poised to Accelerate

Even as mortgage rates have picked up, lending standards have been easing fairly consistently in recent years. According to the Federal Reserve's Senior Loan Officer Survey, a net percent of banks has been easing lending standards on residential mortgage loans for 14 consecutive quarters. Despite
See Original Article

Reducing payments does more than reducing principal, study shows

Cutting payments helps stave off default, but principal reduction on underwater loans and lower consumer debt levels are less effective, according to JPMorgan Chase Institute's new study of post-crisis modifications. “The most important finding that also would come as a surprise to a lot of people is that
See Original Article

TRD Special Report: An insider's guide to real estate syndication

“432 Park was compelling given the location, the partners and the attractive cost basis,” said Daniel O'Donnell, who oversees private equity and real estate research and management in Citi's private banking division. “It was a risk of course,” he said – the bank usually gets involved once “the land's
See Original Article

In Move to 'Follow the Money,' Mueller Issued Subpoena for Trump's Personal Banking Info

Deutsche Bank for months has rebuffed calls by Democratic lawmakers to provide more transparency over the roughly $300 million Trump owed to the
See Original Article

JPMorgan Chase: Mortgage modifications just as effective without principal reduction

Reducing the amount a homeowner, facing default, owes on their mortgage sounds like it would be a great idea to include in a mortgage modification.
See Original Article

Senate Banking Committee votes to recommend Jerome Powell for confirmation as Federal …

The Senate Banking Committee on Tuesday approved Fed Governor Jerome Powell to take over as chair of the central bank. Powell's nomination now
See Original Article

KeyBank Secures $56M for MD Community

The 10-year, fixed-rate loan was executed through Freddie Mac's Lease-Up Program and refinanced the construction debt which funded the development of Verde at Greenbelt Station in Greenbelt, Md. “Having the ability to immediately lock rate and then fund prior to stabilization was an ideal financing
See Original Article

Toronto home prices dip in November as new listings surge

The Toronto Real Estate Board said the average home sold for $761,757 in the Greater Toronto Area in November, down 2.4 per cent compared to October. The price drop halted a modest price recovery that began in September and continued in October after a downturn through the spring and summer.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.