Hispanic Homeownership Rate on the Increase

The report claimed that the Hispanic population grew by one million last year, accounting for 51 percent of U.S. population growth. Hispanics were also credited with having a higher workforce participation rate than any other ethnic or racial demographic, with 66.1 percent of adult Hispanics participating
See Original Article

Last year, San Francisco added 6,270 housing permits—and while that number might not elicit immediate gasps, it nonetheless represented a nearly 95 percent spike above its average for the last 36 years. In recognizing San Francisco's achievement, Trulia noted that “the city is becoming more
See Original Article

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.3 percent annual gain in December, up from 6.1 percent in the … While the price increases do not suggest any weakening of demand, mortgage rates rose from four percent to 4.4 percent since the start of the year.
See Original Article

… to buy,” Premier Lai Ching-te told reporters yesterday according to Agence France-Presse. “The supply is sufficient.” The panic buying started after major supermarkets were informed by toilet paper manufacturers of a 10- to 30-per-cent price hike from mid-March due to rising international pulp prices.
See Original Article

Charles A. Richman, who has more than 40 years' experience in state government, has been appointed executive director of the New Jersey Housing and Mortgage Finance Agency (NJHMFA). For the past 31 years, Richman had worked at the New Jersey Department of Community Affairs (DCA),
See Original Article

NMI Holdings ( NMIH ) declined Tuesday, falling almost 7% to a session low of $20.20 a share, after the surety and title insurance company late Monday disclosed plans for a public offering of 3.7 million shares of its common stock. After first paying underwriter discounts and other offering costs, the
See Original Article

Silverton Mortgage Specialists Inc., with three locations in Cobb County, announced that it has signed a definitive agreement to join the Berkshire Hathaway family of companies through an acquisition by Vanderbilt Mortgage and Finance Inc. It is anticipated that this strategic transaction will enable
See Original Article

In late February, a state representative in Pennsylvania said he would introduce legislation for individuals and couples with student loan debt to obtain a zero-interest mortgage, to be used against the buyer's student loan debt. The catch? They would be required to buy a home from (or take out a
See Original Article

Comcast has said that buying Sky would help it expand in Europe, where the broadcaster has 23 million customers and owns rights to show the English Premier League and other professional soccer leagues. Disney, too, has been keen on expanding internationally, with the British company serving as
See Original Article

Fed Chair Jerome Powell will tell Congress he expects rates to rise. Bloomberg's Mike McKee reports. Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to
See Original Article

For Comcast, buying Sky would allow it to continue to bulk up at a time of frenzied media consolidation. Telecommunications behemoth AT&T is trying to buy media company Time Warner Inc., which owns CNN and HBO, and Disney in December swooped in with its $52.4-billion bid to buy much of 21st
See Original Article

Despite concerns about U.S. immigration policy and housing inventory shortages, the Hispanic homeownership rate increased for the third consecutive year in 2017. The rate increased to 46.2% from 46% in 2016. The high point was 49.7% in both 2006 and 2007, according to a report from the National
See Original Article

The Oracle of Omaha released his latest annual letter to shareholders of Berkshire Hathaway Inc. on Saturday. It's a good excuse to marvel anew at Buffett's track record, particularly at a time when stock pickers are losing their aura. Buffett famously likes to invest in companies that are highly profitable
See Original Article

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $364.00 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance
See Original Article

Barb Chirinos is a vice president and national business account executive for Old Republic Title. She started her title insurance career in 1984 with Title Insurance Company of Minnesota, which later became Old Republic Title, and rejoined the company in 2015 after spending 27 years with another
See Original Article

The first topic to be examined will be residential mortgages, with the commission closely assessing case studies involving National Australia Bank (NAB), CBA-controlled Aussie Home Loans, and CBA. NAB's practice of paying “introducers” (i.e. people outside the bank who're allowed to collect fees for
See Original Article

ValuEngine lowered McDermott International from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. KeyCorp reissued a “hold” rating on shares of McDermott International in a research note on Friday, November 10th. Citigroup raised their price objective on McDermott
See Original Article

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.02, from 1.06 in 2017Q2. It fall, as 29 investors sold Expeditors International of Washington, Inc. shares while 155 reduced holdings. 43 funds opened positions while 149 raised stakes. 160.89 million shares or 0.51% less from 161.72 million
See Original Article

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday.
See Original Article

Prior to this, he served in the real estate finance team at the Bank of London and the Middle East (BLME) and is also a director and board member of the Association of Property Lenders. At CapitalRise, Steffan will be responsible for all new lending and management of the loan portfolio, bringing his
See Original Article