Dallas Builder Enters the Mortgage Business

A home builder in the Dallas-Fort Worth area is getting into the mortgage business, reports HousingWire staffer Ben Lane. Grand Homes is entering into an “affiliated business arrangement” with PrimeLending, which will facilitate the launch of Grand Home Loans. The new entity will begin mortgage
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Bitcoin's meteoric rise is attracting a ton of attention. Is it ready for the mainstream? Cryptocurrency dealer Youbit became a casualty of hackers. The South Korean exchange will close and enter bankruptcy proceedings after a cyberattack at about 4:35 a.m. local time, its owner, Yapian, said Tuesday in a
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South Africa's ruling African National Congress named its new leadership on Monday following one of the most hotly contested elections in the 105-year-old party's history. Here's an overview of the party's top six officials: From left: Jessie Duarte, Ace Magashule, Gwede Mantashe, Cyril Ramaphosa,
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And these investments are far savvier than buying mattress startup Casper, (which the mass merchant earlier this year reportedly considered for $1 billion), according to Michelle Grant, head of retailing at Euromonitor International. “Instead of buying Casper, Target bought Shipt. This is a smart move to
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YouTube signed a new long-term agreement with the top two music labels, promising stronger policing of user uploads of copyrighted songs and paving the way for a new paid service after two years of tumultuous negotiations. Universal Music Group said its deal with YouTube will give artists more
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The frenzy of crypto news is reminiscent of the heady days of the dot-com bubble, when stories of mailroom millionaires sparked a rush to list anything remotely related to the internet. That's not to say the digital currency craze has to end any time soon. Tuesday even brought a sign that it's just getting
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Starting in 2018, homeowners can take a mortgage interest deduction on a loan of up to $750,000, down from the current law's limit of $1 million. “If you have a mortgage of $800,000, you can deduct [interest] on the first $750,000,” said Nicole M. Kaeding, an economist at the Tax Foundation. Individuals
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… its return on tangible common equity by a percentage point (it is currently under 10 per cent). Importantly, for technical reasons, its regulatory capital would not fall as sharply. It would be in less danger of breaching capital requirements although US mortgage finance titans Fannie Mae and Freddie Mac
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Governor-elect Phil Murphy will nominate Assemblywoman Marlene Caride to become the state's next banking and insurance commissioner, putting a three-term assemblywoman in charge of creating his proposed public bank. Caride (D-Bergen) was introduced Tuesday as Murphy's pick to lead the
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Whether you own a house or rent an apartment, that monthly payment going to your mortgage lender or landlord can take a big chunk out of your paycheck. Americans spend on average $18,886 a year on housing, or $1,574 a month, according to the Bureau of Labor Statistics. Most personal finance
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Mumbai: The pureplay mortgage lender HDFC on Tuesday announced a Rs. 13,000-crore fund raising plan which will be ploughed primarily into maintaining its holding in its banking arm and enter newer segments like stressed assets and health insurance. This will be the first equity raising by the
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Some of the biggest changes would affect America's 80 million homeowners, thanks to lower limits on how much mortgage interest and property taxes can be deducted and whether interest on certain types of housing-related loans can be deducted at all. Here are the three biggest changes homeowners
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Hoem Seiha, the Director of Research of VTrust Appraisal, recently released The Housing Market & Outlook Report 2017. The report states that the kingdom's property market in 2017 performed well – especially low-price housing projects – while the higher-priced developments decreased in both
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The Federal Reserve and FDIC today determined that the nation's eight largest banks did not have “deficiencies” in their July 2017 resolution plans, which detail how they would be resolved in the event of failure. Deficiencies would have required them to resubmit their plans and possibly face more
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Lost in the hubbub over the feeding frenzy in cryptocurrencies and related stocks is the original digital coin itself. Bitcoin was trading at $16,626.42 at 10:25 a.m. in Hong Kong, down about 15 percent from a record high on Monday. That's the steepest decline since before futures were introduced on Dec.
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Renovate America denies any targeting. Homeowners usually sign up on tablets with an e-signature, without receiving hard copies or disclosure forms normally associated with a home loan. Contractors, who are not licensed mortgage brokers, don't have to check whether homeowners have the ability to
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You can also donate in Redding at Plumas Bank, Century 21, The Chiropractic Place, ServPro of North Shasta, Trinity & Greater Tehama Counties, and Placer Title Company. In Red Bluff you can leave donations at Tobin & Associates, Zelma's, and River City Reality. The branch manager of the Red
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The certificates are backed by one pool of prime quality, fixed rate, first-lien mortgage loans originated by various originators, aggregated by Bank of America, National Association and acquired by WinWater Home Mortgage, LLC (WinWater). Nationstar Mortgage LLC is the servicer and the master
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Saudi Arabia will boost spending in an attempt to revive economic growth as the government enters a critical 12 months for Crown Prince Mohammed bin Salman's plan to prepare the kingdom for the post-oil era. The kingdom plans to boost spending to 1.1 trillion riyals ($293 billion) compared with 926
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Washington (AP) — The Senate intelligence committee has asked for documents from Green Party presidential candidate Jill Stein as part of its probe into Russian interference in the 2016 election, adding another new thread to the panel's investigation as it heads into next year. Stein said Tuesday that
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