Double duty: Wells' retail chief Mary Mack to head consumer lending

Double duty: Wells' retail chief Mary Mack to head consumer lending

The San Francisco company on Monday named Mack to head its consumer lending business, which includes residential mortgages, auto loans and student loans. That is on top of her existing duties as head of Wells Fargo's community banking division, which includes the bank's network of more than
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Credit Suisse backs Lannock in $100m body corporate lending deal

Credit Suisse has provided a $100 million senior funding facility to Lannock Strata Finance helping to fuel growth in specialist lending to body corporate or owners corporations. Lending to body corporates to fund strata improvements such as renovations, renewals and defect rectification is a growing
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About 30000 affected by tracker mortgage scandal, says Paschal Donohoe

The total number of people affected by the tracker mortgage scandal will not go far beyond 30,000, according to Finance Minister Paschal Donohoe. … to the progress being made in delivering justice for those wrongfully targeted by the country's main banks for moving off their low tracker mortgage rates.
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How startups can craft the perfect pitch

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Startup San Diego president Austin Neudecker put a new twist on startup mentorship when he took the Inman stage earlier this year. Because he used to listen to 2,000 pitches a
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How Millennials Are Changing the Real Estate Market

“As the median age of the millennial generation rises into the 30s, they are making the decision to purchase homes,” says Byron Carlock, U.S. real estate practice leader at PricewaterhouseCoopers. “They have waited longer to enter the market, so their income levels are higher. In addition, they may
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What Really Drives the Housing Market

Just three years later, I planned a career move that would take me to Tulsa, Oklahoma. We put our home on the market and began house hunting in the new town. Our home sold in two days, and the job opportunity suddenly fell through. I had to scramble for both a new job and a new home. That was OK
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Law firm sues Kushner real estate business for unpaid bills

Kushner's properties have come under scrutiny elsewhere. Maryland Attorney General Brian Frosh announced in October he was investigating debt collection practices and poor maintenance at several of the company's properties. The company also faced scrutiny in May when Kushner's sister, Nicole
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How Batteries Sparked a Cobalt Frenzy and What Could Happen Next

Orders for battery-powered automobiles were up 51 percent at 609,000 in the first 11 months of the year, and Bloomberg New Energy Finance says sales could surpass 1 million next year, almost equal to this year's global total. Carmakers hunting long-term supplies may be more willing to link sales to
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Corker Pushes for Details on Pass-Through Provision in Tax Bill

Senator Bob Corker wrote to Senate Finance Committee Chairman Orrin Hatch asking for an “explanation” of how a provision on pass-through businesses that would benefit real estate investors came to be included in the final version of the Republican tax bill. The change would give real estate
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Lord Turner got there first on productive credit

Sir, Jim Pickard reports that GFC Economics, in a report commissioned by the UK Labour party leadership, bemoans the fact that the Bank of England “makes no distinction between productive and unproductive lending” (December 12). This is precisely the point made by Adair Turner, former chairman of
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Oracle Agrees to Buy Australia's Aconex for A$1.56 Billion

Oracle Corp. agreed to buy Aconex Ltd., an Australian company that makes cloud-based collaboration software for construction projects, for A$1.56 billion ($1.19 billion) cash as it tries to gain more customers in the rapidly growing market. The deal values Aconex at A$7.80 per share, 47 percent more
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True North Commercial Real Estate Investment Trust Adds 298000 square foot Institutionally …

The $53.0 million purchase price for Bluefrog was satisfied by: (i) first mortgage financing in the amount of approximately $34.5 million, with an annual … achievements, events, prospects or opportunities for the REIT or the real estate industry and may include statements regarding the financial position,
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Closing Above PSAR Are Shares of Boardwalk Real Estate Investment Trust (BEI-UN.TO)

Boardwalk Real Estate Investment Trust (BEI-UN.TO)'s closing price of $42.31 has closed above it's Parabolic SAR reading, indicating a potential trend reversal. Parabolic SAR (or PSAR) is a simple, compact indicator that can provide some useful information when taking into account additional trends
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Fortune Cookie Theology- Sunday of the Holy Forefathers 2017

Learn more about Patristic Nectar Publications. – An episode of the Arena podcast on Ancient Faith Radio.
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New Tax Law Closes Bitcoin Loophole

Bitcoin has defied financial gravity in 2017 but, in one respect, it's just like any other investment: Uncle Sam expects a cut of the profits when you sell it. And starting in 2018 it will get a little harder to avoid paying up. That's because the major tax reform passed in Congress this week contains a tweak that
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Chinese Smartphone Maker Xiaomi Expects Big Growth After Sales Slump

Chinese smartphone maker Xiaomi has told bankers it would top its annual revenue target by as much as 18%, sources with knowledge of the matter said, marking a comeback from a sales slump in recent years that triggered a business overhaul. Xiaomi, which has been hearing bank pitches for what
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What the Democrats Can Learn From Alabama in 2018

The chance of winning back the House and Senate depends on whether the party can duplicate Doug Jones's upset in other red states. By. Arit John. @aritbenie More stories by Arit John. December 21, 2017, 10:58 AM PST. Jones was wary of bringing in national Democrats, such as New Jersey
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Vietnam Mimics China With Sweeping Corruption Purge

Politburo member Dinh La Thang is seen during a national assembly session in Hanoi, Vietnam on Oct. 30. Photographer: AFP/Getty Images. It could have been a scene from a spy novel. German authorities in August accused Vietnam's government of abducting the former chairman of state-owned
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Here's Why Theresa May Says London Bankers Should Be Optimistic About Brexit

Prime Minister Theresa May said the U.K.'s financial sector should be optimistic about the outcome of Britain's trade talks with the European Union that are due to start early next year. Speaking on the plane after meeting with Polish Prime Minister Mateusz Morawiecki in Warsaw, May said her
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UN Defies Trump's Threats by Passing Resolution on Jerusalem

The United Nations General Assembly overwhelmingly backed a measure critical of President Donald Trump's decision to recognize Jerusalem as the capital of Israel despite U.S. Ambassador Nikki Haley's warning that the move could put funding for their nations and the global body at risk.
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