DAX Slides as Banking, Tech Stocks See Red

The DAX index has posted sharp losses in the Wednesday session. Currently, the DAX is at 12,939.50, down 0.84% on the day. On the release front, German and European indicators were positive, but this was not enough to keep the DAX from moving into red territory. German Factory Orders gained
See Original Article

In addition, certain bonds, upon default of the related Freddie Mac or Fannie Mae credit enhanced loan, may be subject to mandatory tender for purchase to become “Freddie Mac Pledged Bonds” of “Fannie Mae Pledged Bonds.” The rating on the bonds does not apply to any such purchased or
See Original Article

Most of the increase was driven by a 9% jump in applications for refinances – which pushed the refinance share of mortgage activity to 51.6% of total applications, up from 48.7% the previous week. Applications for purchases increased 2% on an adjusted basis.
See Original Article

Charlotte Nelson, finance expert at Moneyfacts, said: “Just one month after the Bank of England's rate rise announcement, it's clear to see from the latest statistics that the average two-year tracker BTL mortgage has factored in the base rate increase. Rates have turned around from the record low of
See Original Article

“The easing in loan to value ratio restrictions in January and retail banks lending criteria is likely to help improve activity and demand in housing the market as we move through the summer months,” QV spokeswoman Andrea Rush said in an emailed statement. (Reporting by Charlotte Greenfield).
See Original Article

There have been big changes in McDonald's strategy and business model since 2015 that I would like to discuss. What to expect from 95% franchised restaurants. Let's analyze Harry J. Sonneborn famous McDonald's quote and how true it is today. McDonald's debt level has been rising and they are
See Original Article

Every time you visit a web site, there's a very good chance a company—most notably Google or Facebook—will deploy a tracking tool to record what you looked at, and build a profile of what you do on the Internet. This sort of tracking, which is primarily done for advertising purposes, can feel invasive but
See Original Article

MONTREAL — Laurentian Bank's chief executive says documentation issues and client misrepresentations found with some of its mortgage portfolios sold to unidentified purchasers largely involved loans which were misflagged and it has not found any evidence of wilful wrongdoing. Francois
See Original Article

According to CoreLogic's latest U.S. Home Price Index and Forecast for October 2017, home prices nationwide are up both year over year and month over month. Home prices nationally increased year over year by 7 percent from October 2016 to October 2017, and on a month-over-month basis home
See Original Article

In this installment of the EQUITYMULTIPLE learning series we are going to step back and take a look at a fundamental question: why should investors buy real estate assets. If you are reading this article, you probably have substantial knowledge of equity investing already. This article addresses the
See Original Article

Premised on the evidently slowing down of leading estate markets of Toronto and Vancouver, the Quebec federation of real estate boards declared that Montreal is well on its way to experience its largest home price growth since 2010. Montreal area residential property appraisals are on track to mature
See Original Article

If the purchase price is to be financed, compare the interest rates offered by different finance companies. Aircraft financing is not the same as financing a car. The main factor in financing the purchase of an aircraft is the amount being financed. Note that many finance companies will not finance older
See Original Article

Wedbush analyst Henry Coffey lowered his price target on Lending Club (NYSE: LC) to $4.50 (from $5.00) while maintaining a Neutral rating saying Thursday's Investor Day may be investors best change to move on. Coffey said while management will likely have a lot to say that is positive, they do not
See Original Article

In the context of secured lending, the Luxembourg Collateral Act expressly provides that financial collateral may be held by a person acting on behalf of the beneficiaries of the financial collateral. As such, a security agent/security trustee can act on behalf of other syndicate members and hold qualifying
See Original Article

Online searches for information on buying Bitcoin now far outstrip equivalent searches about investing in gold – even at the peak of the banking crisis, when investors feared a full-blown collapse of the world's financial and banking systems. The search term “buy Bitcoin” first surpassed “buy gold” as a
See Original Article

The steady result may appear surprising, as other indicators have been suggesting some heat has been coming out of the housing market with agents reporting less aggressive bidding at auctions and easing clearance rates. Regulatory clamps on lending have also been making it more difficult for
See Original Article

In contrast, prices in Hamilton and Tauranga eased. The Reserve Bank is picking looser lending restrictions, which kick in at the beginning of next year, will not reignite the housing market. “The easing in LVR restrictions in January and retail banks lending criteria is likely to help improve activity and
See Original Article

Two months ago, Oreo took the unprecedented step of releasing a new flavor of its flagship cookie, but not telling anyone what exactly the flavor was. Instead, the brand launched a social media campaign to encourage people to guess the mystery flavor. Now, it's finally revealing the answer. The cookie
See Original Article

After completing all of this work Liberty Lending suggests the buyer's realtor and property seller find an escrow/title company to handle funding. From there, the buyer's financial advisors can work with all of the appropriate parties to make sure everything is in order. Once the potential buyer signs the
See Original Article

Brandon Smith, CBRE Fannie Mae and Freddie Mac are making changes to their lending caps and “green” programs in 2018. These green loans, excluded from their caps, have helped increase market share. The FHFA, Fannie and Freddie's regulator, typically aims for a market share of 40 percent of
See Original Article