FS Investments moves lending platform from Blackstone to KKR

FS Investments moves lending platform from Blackstone to KKR

Dec 11 (Reuters) – Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger deals which are out of reach for other alternative lenders. As a result, FS, which invests in the debt
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Tracking a mortgage and escrow account in QuickBooks Online

Tracking a mortgage and escrow account in QuickBooks Online – Reconciliation not working for me. I'm tracking a mortgage and escrow account in QB Online. I have the escrow account set up as an “Other Current Assets” account type. Each mortgage expense is split into principal, interest, and escrow.
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Former Triangle golf course to house almost 500 homes

The cost of the homes still needs to be hashed out, but Carrier projects that base prices will begin in the low- to mid-$200,000 range. Building more affordable homes was an intentional move by the company; it fills what they see as a gap in the Triangle housing market. “There definitely is some erosion
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A venture firm focused on real estate, Navitas Capital, just raised $60 million

Real estate heavyweights clearly don't want to be left in the dust by tech startups that see opportunities to do things more efficiently, more transparently, and more affordably than has previously been possible in the long clubby, expensive, and opaque world of real estate. Just one indicator is their
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Fannie, Freddie suspend evictions for the holidays

Mortgage giants Fannie Mae and Freddie Mac announced they will suspend evictions on foreclosed homes during the holiday season, as they have done in several previous years. The suspension of evictions through Fannie Mae will apply to single-family and 2-4 unit properties from December 18,
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Capstead Mortgage (NYSE:CMO) Upgraded to “Buy” at ValuEngine

Capstead Mortgage logo Capstead Mortgage (NYSE:CMO) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, December 1st. Separately, BidaskClub raised Capstead Mortgage from a “strong sell” rating to
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SLC considers forcing developers to make more affordable housing

“Inclusionary zoning” mandates that developers carve a certain percentage of any housing project to be affordable and sold at less than they could command on the real-estate market. “It is a requirement. So it's the idea of saying to a developer, regardless of the financial situation that you have, or what
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Population growth may not be enough to prevent a downturn in Australia's housing market

Australian house price growth has slowed sharply in recent months, led by outright declines in Sydney, the nation's largest and most expensive housing market. According to data from CoreLogic, prices across Australia's five mainland state capitals fell 0.1% last week in weighted terms, leaving the
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Live at Connect: Hacker Connect on the future of real estate tech

Imagine a room full of creative, smart and clever real estate nerds. That is Hacker Connect, where 500 of the savviest real estate tech professionals will convene all day on Monday, January 22, in New York City at the Marriott Marquis Hotel, Times Square to solve problems, share insights and learn from
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HousingWire Vanguard promoted to LoanLogics EVP

LoanLogics, which specializes in loan quality management and performance analytics, announced it recently promoted 2016 HousingWire Vanguard award winner Craig Riddell to executive vice president and chief business officer. Riddell [pictured below] was promoted from his position as senior vice
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Free Checking + Gift

Is your bank costing you more money & giving you less? Move your checking to Partnership Bank. We offer absolutely FREE checking and others that pay interest! All checking accounts* include: FREE Online Banking & Bill Pay; FREE Mobile Banking & Mobile Deposit; No Annual Fee Debit Card+
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HSBC tips soft landing for housing

The apartment building boom had also increased supply and helped cool the Sydney and Melbourne markets, with housing construction set to remain high over the next six to nine months, which could be a modest drag on GDP growth from the second half of 2018 and in 2019. “We expect these factors
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Commentary: 4 Reasons HIV Is Still So Prevalent in the US Today

People walk through a new memorial to honor victims of the AIDS epidemic which was dedicated on World AIDS Day on December 1, 2016 in New York City. Spencer Platt Getty Images. By Gregg Alton. 5:25 PM EST. For many, the story of the AIDS epidemic of the '80s and '90s is one of tragedy
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Local home sales rise, but prices drop

Home sales in metro Toledo in November rose 2 percent over the same month a year ago, but home sale prices fell, according to a report released Monday by the Toledo Regional Association of Realtors. Meanwhile, as it has nearly all year, inventory continued to decrease, while the number of days
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Sei Investments Co. Buys 109758 Shares of AGNC Investment Corp. (AGNC)

AGNC Investment logo Sei Investments Co. raised its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 82.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 242,462 shares of the real estate investment trust's stock after purchasing an additional
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Your top 10 HMDA questions answered: Part 1

Back in November, HousingWire hosted a webinar on HMDA, where panelists stressed the importance of preparing for the upcoming HMDA reporting … But due to an overwhelming demand, we are now presenting HousingWire readers with a 10-part series, each answering one of the most popular
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A Posthumous Tribute to Coach Bob McKee

Jim Molans graduated from the University of Miami Law School and is retired. His area of practice was real estate and he also owned a title company. As an interesting aside, Molans, Hodgson, and Johnson were friends and classmates at Sedgwick Junior High School before it became a middle school.
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Apple Exec Says Android-Based Face ID Rivals 'All Stink'

Apple's Face ID technology that scans the faces of iPhone X users to determine whether to unlock the device is superior to similar technology in rival phones. At least that's according to Apple senior vice president of worldwide marketing Phil Schiller. In a recent interview with Dutch website Bright,
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Senate urges Federal Mortgage Bank to track loan defaulters

The Senate on Tuesday urged the Federal Mortage Bank to go after all loan defaulters in the country. The call was made by the upper chamber's Ad Hoc Committee on Alleged Misuse, Under Remittance and Other Fraudulent Activities in Collection, Accounting, Remittance and Expenditure of Internally
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Recent Commercial Real Estate Transactions

$5 MILLION. 315 Liberty Avenue (between Georgia and Alabama Avenues). East New York, Brooklyn. A real estate investor has bought this 28,000-square-foot 1930 warehouse, formerly occupied by an undergarment business. The new owner, who has other properties in the area, plans to turn the
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