Commonwealth Bank delivers $9.9b profit, flags sale of life insurance business

Commonwealth Bank delivers $9.9b profit, flags sale of life insurance business

Commonwealth Bank may sell its life insurance business, the bank has revealed as it reported a full-year profit of $9.88 billion and raised dividends for
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Wells Fargo said to face regulator scrutiny on second auto issue

Wells Fargo's regulators are looking into another issue involving insurance linked to auto loans as scrutiny of a key lending unit widens, according to
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Furniture retailer Wayfair hasn't suffered from the 'Amazon effect'

The company is also tied less to the housing market than most would think … However, online home furnishing retailer Wayfair has avoided it so far.
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MGM Resorts International (MGM) Upgraded to Strong-Buy at BidaskClub

MGM Resorts International logo MGM Resorts International (NYSE:MGM) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a
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Title Company hijacked

The reinstatement document has a certified letter that claims the former CEO and CFO agreed to the reinstatement of McManus Title Company.
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Housing market has calmed down

SIMCOE – Local agents have noticed a distinct slowing of momentum in the Norfolk real estate market since the Wynne government moved to cool
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A Look at the Most Expensive Homes on the Market in Birmingham

BIRMINGHAM, AL – During the last few years, the residential real estate market in the Birmingham metro area has been booming, and mortgage
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Small group of commercial property owners dominating Toronto, Montreal and Vancouver Airbnb …

The study, which is entitled “Short-term Cities: Airbnb's Impact on Canadian Housing Markets,” was published Tuesday. Airbnb rejected the findings,
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Local Housing Market Stays Hot This Summer As Home Sales Rise

LAS VEGAS (KXNT) – The Greater Las Vegas Association of Realtors (GLVAR) reported that the increasingly hot local housing market showed no
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Ctrip.com International, Ltd. (CTRP) Position Increased by NGAM Advisors LP

American International Group Inc. now owns 23,512 shares of the company's stock valued at $1,156,000 after buying an additional 63 shares in the
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Real Property & Title Insurance Update: Week Ending July 28 & August 4, 2017

Foreclosure/Redemption: foreclosure sale conducted without knowledge of bankruptcy affirmed, but trial court orders denying mortgagor opportunity to
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A look at the factors behind banks not passing benefits of RBI's rate cut to customers

Two days after State Bank of India chairman Arundhati Bhattacharya slashed savings bank deposit rates in an unprecedented fashion, Kotak
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Keating Investment Counselors Inc. Purchases 110 Shares of Mondelez International, Inc …

The fund owned 12,959 shares of the company's stock after buying an … Keating Investment Counselors Inc.'s holdings in Mondelez International
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SEC study undercuts motivation for Trump effort to ease banking rule

Last week, a top banking regulator kicked off the process to revise the Volcker Rule. In June, the Trump Treasury said in a report that the rule might be
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Lower the cap on the mortgage interest tax deduction

As part of a strategy to cut tax rates and eliminate loopholes, his administration may lower the cap on deductions for home mortgage interest payments
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Glen Campbell, 'Rhinestone Cowboy' With Pop Appeal, Dies at 81

Glen Campbell, the Hollywood-handsome country singer with pop appeal whose long road to success gave special meaning to his best-known song,
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TheStreet Downgrades Encore Wire Corporation (WIRE) to C+

Shares of Encore Wire Corporation (WIRE) traded down 0.50% during … and industrial buildings, homes, apartments, and manufactured housing.
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Is regulation really keeping banks from lending?

WASHINGTON – Policymakers pushing to scale back regulation have relied heavily on a core argument – bank lending is being held back by
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Monitoring the Mortgage Market

CoreLogic notes the importance of measuring delinquency rates, especially early-stage rates, to determining the health of the mortgage market.
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Too many bankers? Toronto has a surplus of financial services workers, report finds

… and said the “most abundant skills” in the city are banking, legal advice, risk management, mortgage financing, trading, investing and accounting.
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