Government intervention required to address social housing needs – GHL Bank MD

Government intervention required to address social housing needs – GHL Bank MD

The private sector alone cannot meet the yawning need for social housing in Ghana, the CEO of Ghana Home Loans (GHL) Bank, has said. … Ghana Home Loans Bank, formally a financing company renowned for being a pioneer in mortgage financing, recently acquired a banking licence to operate as
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LA, NYC and Miami lead US housing market growth

The value of the nation's housing stock grew by 6.5 percent to $31.8 trillion this year — with Los Angeles and New York City far outpacing the rest of the country's top-valued metro markets and Miami landing at No. 4. The Los Angeles market's $2.7 trillion valuation topped that any other metro across the
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More Than 730000 People Played HQ Trivia on Christmas Day

The lure of winning thousands of dollars playing HQ Trivia was too strong for many people to put the game down for the holidays. HQ Trivia, a live trivia game held entirely on mobile phones, set a record on Christmas Day when 730,000 people decided to battle it out for a jackpot of just $2,000.
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Austin's largest bank gets step closer to $211M buyout after years of waiting

BancorpSouth reached a settlement related to those discrimination issues with the U.S. Department of Justice and Consumer Financial Protection Bureau in 2016, paving the way for the First State Bank deal to proceed. Following the green light from the FDIC and the Mississippi Department of Banking
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Hoping for wheel of fortune, operator opens towering ride in Atlantic City

The temperatures may be below freezing, but a brand-new $14 million attraction is ready for tourists at the Jersey Shore. Steel Pier in Atlantic City across from the old Taj Mahal hotel now boasts the third-highest Ferris wheel in the United States. The 227-foot structure is designed to give riders views up
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Hot Home Sales

Housing inventory decreased in November because of the increased pace of sales, however, new homes available for sale at the close of the month continued to grow in number. Prices of new homes for sale moderated at the median, perhaps partly reflecting the activity of builders to meet demand.
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Gulf Arab Energy Producers Issue Record Debt for Expansion

Oil and gas producers, pipeline operators and refiners in Kuwait, the United Arab Emirates, Saudi Arabia, Oman, Bahrain and Qatar borrowed $28.7 billion through bonds and syndicated loans in 2017, eclipsing the previous high set two years earlier, according to data compiled by Bloomberg. Those
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US Airlines Add Flights to Cancun, Betting Violence Won't Keep People Away

U.S. airlines are wagering that American tourists will keep flocking to Cancun despite rising violence in Mexico and a warning from the State Department. Southwest Airlines Co., Spirit Airlines Inc. and Delta Air Lines Inc. are adding flights to the resort. United Continental Holdings Inc. is using one of its
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RE/MAX's Motto Mortgage sells 50 franchises in first year

According to details provided by the company, Motto Mortgage sold 50 franchises in its first year. Of those 50 franchises sold, half of … According to the company, Motto Mortgage's loan originators work “closely” with real estate agents to “deliver a one-stop solution” for buyers. The company also said that
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Like Europe, the US Is Headed for Open Banking – and Innovation that Puts Consumers First

As digital disruption blurs the lines between banks and fintechs, the way financial data is regulated will come to shape the business models of every player in the market. With open banking standards and data portability rules, Europe is ahead of the U.S. on data regulation, but the same shift is coming to
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Uber Investors Are Selling to SoftBank at a Steep Valuation Discount

Uber Technologies Inc. shareholders are said to have agreed to sell a sizable stake in the ride-hailing leader to an investor group led by SoftBank Group Corp., allowing the Japanese conglomerate to amass a piece of the company at a steep discount to the last valuation. The transaction implies a $48
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Sonos

Make a loan to an entrepreneur across the globe for as little as $25. Kiva is the world's first online lending platform connecting online lenders to entrepreneurs across the globe.
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Roberto Alagna Stars In Sir David McVicar's Production Of CAVALLERIA RUSTICANA/PAGLIACCI

He made his Met debut as Rodolfo in Puccini's La Bohème in 1996, and his multiple other roles with the company have included his role debut as des Grieux in the new production of Puccini's Manon Lescaut, the title role of Alfano's Cyrano de Bergerac, Don José in Bizet's Carmen, Cavaradossi in
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Narrow bankruptcy laws make it nearly impossible to discharge student debt

There are 44 million people in the United States who owe more than $1.45 trillion in student loans from private and public lenders, according to figures from the federal government. Of those borrowers, 4.3 million of them are in default. Bigsby works at the intersection of several trends that have grown
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Russia Is Planning to Build a Luxury Hotel on the International Space Station

Russia's space agency is adding a dose of luxury to its bid to return to the space tourism business. It wants to build five-star accommodations on the International Space Station. The plan, if successful, would help Russia compete with private companies such as SpaceX, Virgin Galactic, and Blue Origin
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Engel & Völkers Snell Real Estate Reports 2017 as Record-Breaking, Monumental Year

LOS CABOS, Mexico, Dec. 28, 2017 /PRNewswire/ — Influenced by the world's spotlight on Los Cabos, Engel & Völkers Snell Real Estate reports 2017 as the most active year on record achieving nearly 130% of their total 2016 sales volume with a market domination representing more than 80% of all
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DoverPhila Federal Credit Union announces department expansion

DoverPhila Federal Credit Union recently announced the expansion of its mortgage department through promotions and a new, online mortgage application feature. Lorrie Lautzenheiser was promoted to mortgage loan originator. As originator, she will be able to provide mortgage loan pre- approvals for
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OCC says mortgage performance stayed steady in third quarter

First-lien mortgage performance remained steady during the third quarter of 2017 compared to the previous year, according to a quarterly mortgage report published by the Office of the Comptroller of the Currency's (OCC). The OCC Mortgage Metrics Report, Third Quarter 2017, indicated that 94.8
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Investors Real Estate Trust (IRET) Ex-Dividend Date Scheduled for December 29, 2017

Investors Real Estate Trust ( IRET ) will begin trading ex-dividend on December 29, 2017. A cash dividend payment of $0.07 per share is scheduled to be paid on January 16, 2018. Shareholders who purchased IRET prior to the ex-dividend date are eligible for the cash dividend payment. This marks the
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3 Strategies for Cutting a High State Tax Bill

High earners are expected to generally benefit from big income-tax cuts under the $1.5 trillion tax reform bill signed into law by President Trump before Christmas. (And yes, the beneficiaries most likely include President Trump himself.) But there's one group that isn't feeling quite so confident: residents
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