Easy Access Telephone Banking

Easy Access Telephone Banking

Enjoy around-the-clock access to most of your North Shore Bank accounts, verify transactions, make payments, transfer money and more.
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Homebuilder Stocks Fall On Lennar Mortgage Probe, NVR Earnings, New-Home Sales

X Lennar disclosed Thursday that the Justice Department has subpoenaed its mortgage unit due to “quality control processes” and underwriting for loans it sold to the Federal Housing Administration. Lennar said it does not expect any materially adverse effect from the matter. Meanwhile, NVR reported
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Commercial real estate trends to watch in 2018

A new set of trends is emerging in commercial real estate. The human experience is becoming more critical, sustainable development is must-have and operational flexibility is central to real estate strategy.
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Rising uninsured storm damage share points to flood coverage gaps

And the Federal Emergency Management Agency's National Flood Insurance Program has been struggling with financial challenges that have prompted unresolved congressional debate and left the terms of its long-term reauthorization in question. Most recently the NFIP's reauthorization was extended
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NC Mixed-Use Project Lands $35M Financing

Trez Forman is a joint venture formed in 2016 by Forman Capital and Trez Capital Group, one of Canada's largest private commercial mortgage lenders. Trez Forman Senior Originator Ryan Howard originated the loan for River Place. Several other developments have recently been completed or are
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Former Apple CEO John Sculley, wife buy oceanfront house

His wife has worked in the real estate industry. He and his wife sold the house through a Florida-based limited liability company, 1214 North Ocean Blvd. LLC. Diane Sculley owns a midblock house in her name at 127 Reef Road, nine streets north of the one the couple just bought, property records show
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Technical Tracker: Following the Signals on Shares of Freddie Mac Pfd Z (FMCKJ)

Focusing on shares of Freddie Mac Pfd Z (FMCKJ), we have noted that the Percentage Price Oscillator Histogram line is currently below zero. Traders may be taking note of this level as a possible sell signal. Traders may also be paying close attention to RSI levels on shares of Freddie Mac Pfd Z
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Payday lending reform issue may return to Ohio ballot this fall

Fed up with slow-moving solutions in Columbus and deregulation in Washington, D.C., consumer advocates will ask voters this fall to tighten payday lending regulations, providing relief to low-income Ohioans trapped in high-interest, short-term borrowing cycles. Ohioans for Payday Loan Reform
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Mortgage Rates Thursday: Mostly Higher

The average rate on a 30-year fixed-rate mortgage climbed three basis points, the rate for the 15-year fixed was unchanged and the 5/1 ARM went up one basis point, according to a NerdWallet survey of daily mortgage rates published Thursday by national lenders. The average rate on the 30-year fixed
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NVR, Inc. Announces Fourth Quarter and Full Year Results

RESTON, Va., Jan. 25, 2018 /PRNewswire/ — NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its fourth quarter ended December 31, 2017 of $124,619,000, or $28.88 per diluted share. Net income and diluted earnings per
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Percentage Price Oscillator Histogram Below Zero for Freddie Mac 5.10 Pfd (FMCCH)

Traders might be following the technicals on shares of Freddie Mac 5.10 Pfd (FMCCH). after a recent check, we have noticed that the PPOH level is currently below zero. With the PPOH below zero, traders may be alerted that the stock is in sell territory. Technical traders have a large inventory of
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Tony Mitchell Sells Lending Club, Buys Twitter

After a year like 2017, managers like Tony Mitchell, who delivered the best returns, have a problem. Many of their favorite stocks are now fully valued so they are not as good an investment as they were last year. If they don't make adjustments, their portfolios can become more risky as their stocks cross
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Lower claims costs increases income at Old Republic's title unit

The strong housing economy in 2017 led to an increase in premiums earned and lower claims costs for Old Republic International's title insurance business. Pretax operating income for the title insurance business in 2017 was $237.1 million, up 12.8% from the $210.2 million earned in 2016. Claims
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BofA Shortens Wait for Junior Investment Bankers to Climb Ranks

Bank of America Corp. is allowing junior investment bankers to climb its ranks more quickly, as Wall Street seeks to keep top young talent from being poached. The lender is shortening its analyst program to two years from three, promoting those with good performance to the title of associate one year
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Payday Lending Reform Advocates Taking Issue To Voters

Community leaders say they're tired of waiting for lawmakers to cap the interest rates for payday lending loans. These are rates that can reach nearly 600%. Carl Ruby is a pastor in Springfield who advocates for payday lending reform. He says if the initiative makes the November ballot and is approved
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Housing Market Outlook: More of the Same

According to the analysis, strong buyer demand, constrained inventory, and ready-to-buy first timers are the key underlying dynamics driving today's housing market. “The macro-factors that have defined real estate in recent years – strong demand and weak supply – continue to set the tone for the
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Foreign Policy Veterans Say Washington Is Late Addressing North Korea Threat

Three deans of U.S. foreign policy stretching back to the 1960s weighed in on the top crises facing President Donald Trump's administration, saying North Korea's nuclear weapons program is a global threat that Washington is only belatedly addressing.
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Benchmark Drops Suit Against Uber's Former CEO Per Agreement

Early Uber Technologies Inc. investor Benchmark dropped its lawsuit against former Uber Chief Executive Officer Travis Kalanick following the close of SoftBank Group Corp.'s $9.3 billion share purchase. Benchmark had accused Kalanick of misleading the venture capital firm about the state of things at
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HUD to Conduct 'Top-to-Bottom' Review of Manufactured Housing Rules

Government-sponsored enterprises Fannie Mae and Freddie Mac recently submitted their “Duty to Serve” plans, which include their own respective plans for bolstering affordable manufactured housing. This includes, in general, the development of new loan programs geared for manufactured housing
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A Global Convergence of Economic Conditions Is Driving the Market Melt-Up

Consider this: Anchored by a stable business cycle, emerging-market and U.S. debt markets are more correlated than ever, Bloomberg data show. That's hardly surprising to Gabriel Sterne, chief macro strategist at Oxford Economics Ltd. From growth to inflation to fiscal balances, economies danced to a
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