China Risks $375 Billion of Shadow Banking Losses, CLSA Says

China Risks $375 Billion of Shadow Banking Losses, CLSA Says

China's shadow banking could lead to losses of $375 billion, according to CLSA Ltd. estimates of likely levels of bad debt. The brokerage estimated
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Two-income households risk mortgage stress

While the study classified 9.3% of dual-income households currently at risk of mortgage stress, Roy Morgan said 34.8% would be at risk if even the
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Home loan risk for double income households

More than a quarter of dual income households will be at risk of mortgage stress if even the lower income earner were to drop out of the workforce,
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Investors strike back in property market

A year ago, investors were a dominant share of housing market demand, with investors comprising more than half the overall level of newly committed
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Payday loan firm CFO Lending is forced to repay £35m to borrowers

A PAYDAY loan company has been forced to pay back £35 million that it took from customers' bank accounts without their permission. CFO Lending
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Banking On the Internet of Things

The challenge for banks is to determine how consumers want to consume financial services through electronic devices and what content is relevant for
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The Millennial Lending Crisis

The study compares Millennials' behavior and attitudes against those of Gen X and Baby Boomers, with a heavy emphasis on lending.
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Dispensary owner says federal banking rules make pot shops robbery targets

PORTLAND, Ore. — The owner of a marijuana dispensary in Northeast Portland says federal banking rules are partly to blame for the takeover robbery
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Business Digest, Sept. 20, 2016: Bay Federal to offer FHA, VA mortgages

Bay Federal Credit Union and CUSO Mortgage Inc. have entered into a partnership to offer credit union members access to Federal Housing
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NowNS: MSVU and Homburg are teaming up for real estate program

Mount Saint Vincent University is ramping up its distance learning offering with the launch of a new real estate development qualification,
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Meet the Company – Freddie Mac

Please join Freddie Mac and Women in Technology (WIT) for our Meet the Company event. Hear from senior leaders as they share their drive for
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Japanese real estate set for downturn beginning next year, Jefferies says

Japan's real estate market will likely reach its peak late next year before succumbing to structural headwinds, according to Jefferies, which
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Employees, customers blew whistle over Wells Fargo fraudulent bank accounts years ago – reports

White-collar criminologist William Black told the Real News that the hard work exposing the bank's practices was “done by the customers, by the
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Senior/Lending Consultant

Credit, Use your depth of experience in personal lending to help define our innovative new company.
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Why property deals fall apart

After the financial crisis put banks in the firing line for loose lending … Mortgage brokers said the options for overseas buyers had dwindled in the past
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'Big Short's' Eisman assails 'clueless' Silicon Valley over online lending

As risky private mortgage lending has faded, Wall Street firms looking for outsize returns have turned to other types of consumer loans, with online
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Health of the Housing Market in the Top 100 Cities – Part II

Health of the Housing Market in the Top 100 Cities – Part II. 13 Markets Overvalued Based on Fundamental and Speculative Metrics.
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Wells Fargo's CEO will tell senators he's 'deeply sorry' for defrauding millions of customers

Stumpf will strike a contrite tone in a testimony over the fake accounts at a Senate Banking Committee hearing on Tuesday morning, the New York
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FBR: Wells Fargo's next move is critical, for the bank and for the industry

What happens over the next few days will go a long way to determining how well Wells Fargo, and the banking industry as a whole, will weather the
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Housing price growth hits the brakes in June as Sydney values slow, ABS says

Home values rose at their slowest pace in more than three years in the year to the end of June quarter, according to the Australian Bureau of Statistics.
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