Dodd-Frank Rollback Hinges on Democrats' Reply, Hensarling Says

Dodd-Frank Rollback Hinges on Democrats' Reply, Hensarling Says

It's your move, Senate Democrats. That's the word from House Financial Service Committee Chairman Jeb Hensarling on a standoff over a sweeping rollback of bank regulations put in place after the 2008 credit crisis. The Texas Republican has outlined more than two dozen House bills — many of them
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Bad news for home buyers: Mortgage rates at highest point since 2013

WASHINGTON — Long-term U.S. mortgage rates reached their highest level in more than four years this week, denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac said
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Intel Lifts Forecast as Data Chip Surge Cements its Top Spot

Intel Corp. said 2018 is looking better than expected thanks to strong demand for the chips that power cloud computing, showing that the company is holding steady against competitors that are trying to break its stranglehold on that lucrative market. Growth in the data center group has become one of the
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Game-changing technologies at work in Asia Pacific's real estate

The rapid adoption of Proptech in Asia Pacific is reshaping the region's real estate markets, changing the way people work, shop, and travel. Companies and cities in the region are leading the charge, applying technologies such as artificial intelligence and data analytics to improve experiences.
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First American Corporation (New) (FAF) Moves Lower on Volume Spike for April 26

First American Corporation (New) has a P/B ratio of 1.67. It also has a P/E ratio of 14.5. First American Financial Corp is a financial service provider offering title insurance, closing and/or escrow services, and related services in connection with residential and commercial real estate transactions.
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Omaha home prices up 8 percent over last year

OMAHA, Neb. (KMTV) – The Omaha housing market is continuing to drive home prices higher, especially for homes in the $100,000 to $300,000 price range. According to MLS statistics, overall home prices are up 8 percent year-to-date. The number of homes listed is down from this time last year.
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Five On Five: A New Way To Fight Online Counterfeiters

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today's stories cover subjects ranging from online marketplaces to a new examination of Wells Fargo's financial practices. There is also news about two new payments deals involving major players and a report
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Tougher mortgage lending standards could risk a 'credit crunch' — and that would be bad news for …

UBS describes APRA's moves to limit mortgage lending based on debt and income levels as macroprudential “Phase 3”. It says this could result in a sharp slowdown in credit extended to Australian households. If this were to take place, it says it would create headwinds for the housing market and
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GOP Senate candidates jab over endorsements, residency

Rosendale says that was a mistake by the title company. Businessman Troy Downing was questioned over a campaign appearance by former national security adviser Michael Flynn scheduled for next month. Flynn has pleaded guilty to lying to the FBI. Downing called Flynn a patriot, while Fagg said he
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Debt, bad credit keep renters from becoming homeowners, Fed survey shows

What's up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary. From Freddie Mac's weekly survey: The 10-year treasury rate topped 3 percent for the first time and in more than 4 years. This is important because the 30-year fixed rate tracks the
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PHOTOS: Lynn Tech kids explore their future at a career fair

LYNN — More than six dozens employers got a glimpse of Lynn Vocational Technical Institute's best and brightest at the school's Career Fair on Thursday. Among the companies who filled the school's lobby included Raytheon Co., North Shore Medical Center, Eastern Bank, General Electric Co., and
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Fact Check: California Bill Wouldn't Ban Bible Sales

In a recent interview, One America News Network asked Allen if the sale of Bibles would be prohibited if the bill passed because the Bible addresses sexual morality. “Literally, according to how this law is written, yes, it would,” Allen replied. “This is, you know, PC culture, politically correct culture, gone
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All The Things China Market Analysts Got Wrong This Year

Strategists across the board have been blindsided by China's financial markets this year, where extreme moves mean the nation has hosted both the world's best and worst performing assets all at once. The Shanghai Composite Index is now 16 percent below December's year-end targets, the 10-year
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Amazon Will Jack Up the Price of Its Prime Program Next Month

Amazon will charge U.S. customers $119 per year to join its free delivery Prime program starting May 11, a 20% price hike in the popular offering that also includes access to a growing library of video programming. CFO Brian Olsavsky announced the coming price hike on a quarterly call with analysts to
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Prices in the Hamptons remain flat, despite gains in the luxury market

Miller said the high-end was relatively quiet, mirroring the trend on Long Island on the whole, where more modest-priced housing is in higher demand. The median sales price for luxury properties was $1.5 million, a 23.7 percent decrease from the first quarter of 2017. “It was not about the high-end,”
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Wichita is on the rise, real estate roundtable group says

… Williams Signature Partners), Andy Robl (Robl Construction), Braden McCurdy (McCurdy Auction), Brad Saville (Landmark Commercial Real Estate), Dawn Truman (J.P. Weigand & Sons) and Cuy Mauck of Rose Hill Bank discussed the trends they're seeing in the city's real estate market and beyond.
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Macron's Gamble: Keep Trump Close and Brace for Turbulence Ahead

In his speech to a joint session of Congress, Macron delivered an eloquent rebuttal of Trump's world view and outlined an alternative of nations working together to boost trade, keep the peace and defend the middle classes. While standard fare for a European audience, the speech divided his American
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Mueller Protection Bill Wins Bipartisan Support on Senate Panel

A bill to protect Special Counsel Robert Mueller from being fired without cause won bipartisan support from the Senate Judiciary Committee. The measure was approved by the panel 14-7 on Thursday even though Senate Majority Leader Mitch McConnell, a Kentucky Republican, has said it won't get a
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Another Week and Another Huge Diamond Is Found in Botswana

Lucara Diamond Corp. has found another huge diamond at its mine in Botswana. The company unearthed a 327-carat top white-gem diamond just two weeks after finding a 472-carat light brown stone. It's the ninth-largest diamond discovered by Lucara, which now produces some of the biggest and
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Are you ready to buy a home? – Honolulu, Hawaii news, sports & weather – KITV Channel 4

But home ownership also comes with added responsibility. When something breaks in your rental unit, it's a quick call to the landlord to get it fixed. Homeowners are on the hook for both making and financing any repairs. It's a big financial leap to becoming a homeowner. Experts recommend asking
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