Drop in mortgage delinquencies shows no sign of bottoming out soon

Serious mortgage delinquencies are on track to fall to lows not seen since TransUnion started tracking the metric in 2005. The forecast calls for the serious delinquency rate to drop to 1.65% by year-end 2018 from the current 1.83%. There hasn't been enough of a sustained plateau in serious
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The potential for a housing crash in Sweden has Peak Asset Management surveying for opportunities. In particular there could be “developers that have come under pressure since housing prices have started to fall,” Per Djerf, co-founder and chief investment officer at the Stockholm-based hedge fund
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WASHINGTON — Congress is moving closer to making it easier for bank loan officers to take a job with nonbank mortgage providers and still comply with state licensing requirements. The House Financial Services Committee was expected to approve a bill as early as Wednesday that amends key
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Arizona State Retirement System grew its position in Enova International by 0.8% during the second quarter. Arizona State Retirement System now owns 12,264 shares of the credit services provider's stock valued at $182,000 after buying an additional 100 shares during the period. Affinity Investment
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REINZ chief executive Bindi Norwell said: “Ahead of the government's upcoming foreign buyer ban, we were interested to understand exactly what percentage of residential sales were made to international buyers as there is minimal data available.” Norwell added: “Our survey indicates that only a small
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TheStreet upgraded shares of Choice Hotels International from a “c+” rating to a “b” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $76.00 price objective on the stock in a report
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Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, speaks during a news conference in Yokohama, Japan, May 12, 2016. THOMAS PETER/REUTERS. PARIS. Reuters. Published 2 hours ago Updated December 13, 2017. For Subscribers. French carmaker Renault has bought a stake in
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The stock of HERMES INTERNATIONAL S A (OTCMKTS:HESAF) registered a decrease of 6.94% in short interest. HESAF's total short interest was 36,200 shares in December as published by FINRA. Its down 6.94% from 38,900 shares, reported previously. With 100 shares average volume, it will take
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Recent insider trends for Valeant Pharmaceuticals International, Inc. (NYSE:VRX) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on VRX is anything to go by, investors should pay attention. Institutions own 50.30% of Valeant
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BREUF, one of the least known Brookfield brands, generates cash flows from fixed and variable fees that are received from real estate brokers operating under the Royal LePage, Via Capitale and Johnston & Daniel brands. As at September 30, 2017, the Company network consisted of 18,117 real
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Freddie Mac is broadening its capital markets vehicles with its first offering of multifamily participation certificate securities backed by tax exempt loans. State or local housing agencies made the affordable rental housing loans backing the securities, WE0001 and WE2001. A single loan backs each
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Westfield Corp. was acquired by French commercial real estate firm Unibail-Rodamco for $16 billion, the companies announced Tuesday. Westfield, which has a headquarters in Century City, just finished a $1 billion renovation of Westfield Century City in October in an effort to remain competitive as
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Ctrip.Com International Ltd logo Oppenheimer reiterated their buy rating on shares of Ctrip.Com International (NASDAQ:CTRP) in a research note released on Tuesday morning. They currently have a $53.00 price target on the stock. Oppenheimer also issued estimates for Ctrip.Com International's Q4
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Knapp, whose new title is Executive Vice President of National Retail Production–East, will manage production in the Eastern half of the country while Elliott, as Executive Vice … After 12 years serving as CEO of a highly successful regional mortgage company, Elliott joined Guaranteed Rate in 2013.
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Meredith's Time Buy Helps Lift U.S. Media Lending to 11-Year High … U.S. media group Meredith Corp's planned purchase of Time Inc is the latest in a run of mergers that have boosted media lending to the highest point in more than a decade as the sector regroups to fight online content providers.
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The Federal Housing Finance Agency (FHFA) recently announced the 2018 multifamily lending cap will be $35 billion for Freddie Mac and Fannie
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“Increasing the existing Fannie Mae and Freddie Mac conforming loan limits will provide stability and certainty to the housing market and give tens of
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Presently, the 14-day ATR for Ares Commercial Real Estate Cor (ACRE) is spotted at 0.17. First developed by J. Welles Wilder, the ATR may assist traders in determining if there is heightened interest in a trend, or if extreme levels may be signaling a reversal. Simply put, the ATR determines the volatility
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The day before Thanksgiving break, I checked my email to find a threatening legal notice sent by a lawyer representing Anthony Scaramucci.
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TROY, Mich., Nov. 29, 2017 /PRNewswire/ — Flagstar Bank today announced it is now accepting eNotes to fund its warehouse lending transactions. “This is great news for our customers,” said Joe Lathrop, head of warehouse lending for Flagstar. “They'll be able to clear their warehouse lines faster, have
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