Couple to lose home after mortgage not paid for five years

Couple to lose home after mortgage not paid for five years

A Dublin civil engineer and his wife lost their €700,000 home on Tuesday in the Circuit Civil Court after failing to make any repayments on their mortgage for the past five years. Seamus and Marilyn McKenna live in Farrenboley Park, in a residence they built in 2005 at Windy Arbour, Milltown, Dublin.
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The 15 American cities where competition to buy a home is fiercest

Buyers in the best position to buy a home typically have mortgage financing in place, a credit score above 680, and a down payment above 15%. But many markets, like San Francisco and San Jose, have an oversaturation of these buyers, leading to heightened competition.
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Young Thug Fights $2 Million Lawsuit After Real Estate Agency Sells Him Damaged Property

Last April, a real estate agency by the name of Heritage Select Homes hit the rapper with a $2.2 million lawsuit for failing to make mortgage payments on his Georgia mansion. According to The Blast, Thugger is now saying he shouldn't have to pay up the fee because the company sold him a mansion
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Podcast Open banking in the US: 'The default is to say no'

Dan Kimerling, an open banking pioneer turned venture capitalist who recently founded Deciens Capital, explains what open banking is, why an excessive focus on risk management prevents U.S. banks from adopting it, and why it would make sense for them to take on the platform model.
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Honeywell International Inc. (NYSE:HON) Holdings Decreased by Vaughan David Investments Inc. IL

Burt Wealth Advisors lifted its holdings in Honeywell International by 65.4% during the 2nd quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate's stock worth $101,000 after buying an additional 300 shares during the last quarter. Mosaic Family Wealth LLC lifted its holdings in
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Netflix's $100 Billion Stock Cushion May Not Entice Debt Buyers

Netflix Inc. is using its newly minted $100 billion market capitalization to tout a return to the junk-bond market, but debt investors may cast a skeptical eye on the online TV network. “When will the company ever produce positive free cash flow?” Bloomberg Intelligence analyst Stephen Flynn said in an
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Apple's iPhone X Sales Have Been Strong—But Not Record-Breaking, Analyst Says

Apple hasn't revealed how many iPhone X units it sold in the fourth quarter, but a new study from researcher Canalys has put a number on it. The tech giant sold 29 million iPhone units in the fourth quarter, including 7 million in the U.S., Canalys said in a statement on Tuesday. That was enough to make
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Tracker mortgage scandal: AIB did not consider 'the potential fallout'

THE CHIEF EXECUTIVE of AIB has said most of the 9,348 customers who were impacted by the tracker mortgage scandal will have been compensated by his bank by March this year. Bernard Byrne today appeared before the Oireachtas Finance Committee, which is investigating how this overcharging
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Equity Release Mortgage Advice launches

Mortgage and protection network JLM Mortgage Services has launched its own broker called Equity Release Mortgage Advice (ERMA). The firm is an appointed representative of JLM and has five advisers who can offer equity release as well as standard mortgage and later life lending advice.
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Gold ETF Assets Climb to Highest Since 2013

Investors are piling into exchange-traded funds backed by gold, pushing assets to the highest in more than four years. Holdings climbed to 2,250 tons on Monday, the highest since May 2013, according to data compiled by Bloomberg. The rise in ETFs comes after the metal's best year since 2010 and as
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Mortgages, firm margins help FB Financial Q4 profits

The parent company of FirstBank earned $23.0 million in the fourth quarter, more than double its number from late 2016 thanks to the acquisition of two banks and a $5.9 million income tax benefit. Adjusted for those and other one-time factors, core profits at FB Financial rose nearly 80 percent year over
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HoloLamp: Futuristic Tech Transforms Real Estate

Removing any barrier that traps the 3D content into devices like screens or VR headsets enables architects, real estate agents, civil engineers and urban planners to replace non-interactive mockups. AR glasses typically cut off vision. Using HoloLamp, architects and designer can interact with content in
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5 Reasons to Buy a Home in 2018

The prospect of homeownership should look very attractive as 2018 begins. I'm aware that a mortgage lender has a built-in incentive to say that, but if you're in the market for your next place soon, buying does have a lot of advantages over renting. Now that the calendar has turned over, we thought we'd
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Strong Multifamily Market Trajectory to Continue in 2018

MCLEAN, VA–(Marketwired – Jan 23, 2018) – According to a new analysis by Freddie Mac ( OTCQB : FMCC), the multifamily market will see continued strength in 2018, largely mirroring last year's performance. The findings were released as part of Freddie Mac Multifamily's 2018 Mid-Year Outlook and
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Managing Director, Treasury and Securities Lending Technology

The goal of the Treasury and Securities Lending Technology team is to partner closely with our business partners to define and enable innovative technology solutions for the Treasury and Securities Lending functions. This is a dynamic area that will be undergoing significant technology and process
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West leads in home price growth, but maybe not for long

Home price appreciation continued to show steady growth in January, posting a 0.9% increase from the previous quarter, according to Clear Capital's Home Data Index report. The HDI measures data in rolling quarter intervals, comparing the most recent four months to the previous three. The West
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Cerberus considers IPO for Haya Real Estate: Bloomberg

Cerberus Capital Management LP is considering an IPO for Haya Real Estate, Bloomberg reported. Cerberus is looking to sell shares in Haya, a property management company based in Madrid, as early as this year, the story said. Print
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The case for more housing assistance

When Harvard's Joint Center for Housing Studies released its annual analysis of the nation's housing this past summer, there was plenty of good news. The housing market had, in many ways, climbed out of the deep funk it found itself in due to the recession, with home values steadily rising in many
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SoFi officially taps Twitter exec Anthony Noto to be new CEO

The online lender announced Tuesday morning that it selected Twitter Chief Operating Officer Anthony Noto to be the company's new CEO. Rumors of Noto being SoFi's preferred choice to be its new CEO first emerged over the weekend. Noto will take over as CEO and join SoFi's board of directors on
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Lloyds Bank readying Berlin base ahead of Brexit – source

The amount will depend on the ultimate size of the Berlin business but is expected to be in the low hundreds of millions of pounds, the person said, representing less than 1 percent of the bank's overall capital. Banks are taking steps to ensure their European operations can continue to sell across Europe
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