China Mutual Fund Closures Hit Record on Shadow Banking Purge

China Mutual Fund Closures Hit Record on Shadow Banking Purge

More than 600 funds have been closed this year, surpassing all liquidations in the previous 12 years combined, data compiled by Bloomberg show.
See Original Article

US Homebuilder Confidence Unexpectedly Slumps To Three-Year Low In December

The report said the NAHB/Wells Fargo Housing Market Index dropped to 56 in December after tumbling to 60 in November. Economists had expected
See Original Article

Mortgage rates today, December 17, 2018, plus lock recommendations

Average mortgage rates today are nearly unchanged from yesterday. The only report we have is the National Association of Home Builders (NAHB)
See Original Article

CAP COM targets local heroes with mortgage program

In less than six months, CAP COM Federal Credit Union in Albany, N.Y., has already funded dozens of loans through a mortgage program for military
See Original Article

Instagram Was Bigger Russian Election Tool Than Facebook, Senate Report Says

Facebook Inc.'s Instagram played a much bigger role in Russia's manipulation of U.S. voters than the company has previously discussed, and will be a
See Original Article

Are Muslim-owned accounts being singled out by big banks ?

Two days before a trip back to the Middle East to visit elderly parents this summer, Rami Abboud was interrupted by an assistant. Bank of America was
See Original Article

Wintrust Expands ABL Services with Accounts Receivables Finance Group

Wintrust announced the expansion of its asset-based lending group, Wintrust Business Credit, with the addition of a specialized team focused on
See Original Article

This map shows how much it costs to own a home in every US state

Their homes are worth a median $217,600, and those with a mortgage spend a median $1,500 per month on housing costs. Where you live makes a
See Original Article

Investors still spending on student housing

On average, student housing properties still have few empty beds and rents continue to grow. However, the markets around several universities are
See Original Article

Stock Have a Latest Story: Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN)

Stock Have a Latest Story: Agellan Commercial Real Estate Investment … Low readings and you have a trading range or the beginning of a trend.
See Original Article

Coalition 'to go easy on lending constraints'

The scandal-plagued banking sector is likely be spared tough constraints on its ability to lend as part of a Morrison government response to the royal
See Original Article

Why rate hike could be RBA's biggest dilemma

“Typically in such circumstances, the RBA would cut interest rates to support the economy, making mortgages more affordable and luring buyers back
See Original Article

10 Cities With the Most Homes Under $200K—You Won't Believe Where They Are

Atlanta's real estate market has gone gangbusters over the past several years, and the entry-level segment shows no sign of slowing down. Regular
See Original Article

Your High-Tech Car Is a Magnet for Hacking

“We have entire systems and organizations at Uber that are able to detect this kind of fraudulent activity,” Uber told Bloomberg News in a statement.
See Original Article

Strict lending rules dampen land sales in SEQ

The increased scrutiny on home loan applications has taken its toll on residential land sales volume, particularly in South East Queensland. According
See Original Article

BIS Quarterly Review, December 2018

BIS Quarterly Review for December 2018: Yet more bumps on the path to normal – Special Features: The geography of dollar funding on non-US
See Original Article

Be Ready for Active Stock: Crombie Real Estate Investment Trust (TSX:CRR.UN)

Be Ready for Active Stock: Crombie Real Estate Investment Trust … Most popular methods for gauging market sentiment is to take a look at the
See Original Article

RBNZ wants big four banks to 'stand on their own in New Zealand'

Reserve Bank of New Zealand governor Adrian Orr told a group of CEOs in Auckland two weeks ago that his review of bank buffers had determined
See Original Article

US Student Loan Debt Sets Record, Doubling Since Recession

While the New York Federal Reserve has data through September, Bloomberg securitization records provide two additional months of data and add
See Original Article

NorthStar Realty Europe Corp. (NYSE:NRE) Files An 8-K Completion of Acquisition or Disposition …

Simultaneously with the completion of the closing, the Company prepaid and terminated the mortgage financing of $375 million (based on the
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.