Housing finance reform could weaken rural lending, groups warn

Housing finance reform could weaken rural lending, groups warn

WASHINGTON — Fannie Mae and Freddie Mac's working relationships with community banks provide a crucial underpinning to rural finance, according to a report issued Wednesday by the Brookings Institution and the Center for Responsible Lending. Loans made in rural communities made up 17.5%
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Mittleman Brothers Upped Its Hrg Group (HRG) Holding; Federal National Mortgage Association …

Mittleman Brothers Upped Its Hrg Group (HRG) Holding; Federal National Mortgage Association Fannie Mae (FNMA)'s Sentiment Is 0.83 … -Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily
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California Woman Charged in Online Fraud Scheme Targeting Minnesotans

According to a criminal complaint, in September 2016, a Minnesota man was closing on a real estate transaction when he received an email from a person claiming to be with a title company. The email asked the man to wire $205,704 to a Bank of America account. Two days later, the man learned the
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Exxon, BP, Chevron Should Pay for Climate Costs, NY Says

New York joined other municipalities hoping to use the law to hold oil and gas producers responsible for costs related to the environmental effects of their products. The biggest city in the U.S. said Wednesday that it's suing BP Plc, Chevron Corp., ConocoPhillips, Exxon Mobil Corp., and Royal Dutch
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Indecomm Updates Its IncomeGenius Software

Indecomm Global Services has announced that it has released new product features in its IncomeGenius automated solution for income calculations. This product release provides all of the software's mortgage loan cycle users, including Loan Originators, Loan Processors and Underwriters, with new
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Kushner brothers' Cadre partners with Goldman Sachs in $250M deal

Cadre, the real estate crowdfunding startup co-founded by Jared and Joshua Kushner, is partnering with Goldman Sachs. The bank's private wealth management clients can now invest in real estate through Cadre's platform and have already committed $250 million, Reuters reported. Cadre buys into
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new miss fortune splash art (link in description)

Have you made a how-to video for new players? Do you spend your evenings doing gameplay streaming? Or maybe you just got that perfect Baron steal with a blind Janna tornado? Let us see it! Grab the spotlight here: Streams & Videos is the place for all that Oscar-worthy League action. Report as:.
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Mortgage Calculator

Mortgage Bot. $ home. 0100$12,500 down payment (5.00%). To be paid within… (years). Term. 30 15 10 years. At a % interest rate. For estimation purposes only. Please see servicecu.org for full details. Extra costs. $ in taxes. $ insurance. Powered by Shastic © 2018 for Web, Mobile, Email & Facebook.
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Microsoft Welcomes Back Bitcoin

The move comes after the technology giant stopped letting customers use Bitcoin as payment for online games and apps earlier this week because of its volatility, tech website Bleeping Computereport said on Monday, citing unnamed sources. Microsoft (msft, -0.53%) has since reversed course and is
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What is SALT Lending? | Beginner's Guide

SALT lending is a platform that provides Blockchain-Backed Loans. SALT (Secured Automated Lending Platform) enables you to put up your crypto as collateral in exchange for a cash loan. This is ideal if you need to pay-off an unexpected expense or want to make a big purchase without having to
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California Republican Darrell Issa Will Not Seek Re-Election

Perhaps best known as a leading conservative critic of President Obama and Hillary Clinton, Issa led the “Fast and Furious” investigation while head of the House Oversight and Government Reform Committee. The inquiry led a vote of contempt against then-Attorney General Eric Holder in 2012.
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Mortgage interest deduction cap should help first time buyers

The new cap on the mortgage interest deduction should help the first time home buyer market by forcing sellers to lower prices, at least in the near term. “Renters who are looking to buy an affordable starter home might find that they have more options now, as the new deduction limit should put
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Man pleads guilty to armed robbery of real estate agent

James Weil was charged with Robbery, Abduction, and two counts of Use of a Firearm in Commission of a Felony. According to the stipulation of facts, Weil contacted a real estate agent back in May of 2016 to say he was interested in seeing a house on the market. As the agent showed Weil around the
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Trump Administration Seeks to Change Rules on Bank Lending to the Poor

The Trump administration plans to unveil a major revision to decades-old banking rules that mandate lending to poor borrowers. Changes to the regulations of the Community Reinvestment Act—a law first enacted in 1977—could potentially transform the way banks make billions of dollars in loans,
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US Chamber Leader Calls Bannon and Warren Extremists

The head of the U.S. Chamber of Commerce said Wednesday his organization will deeply involve itself in this year's midterm congressional elections — including Republican primaries — as he called both Steve Bannon and Democratic Senator Elizabeth Warren extremists. “If we're only sending
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Fannie Mae CEO: People Need Calm, Confident Leadership

Mayopoulos tells Fortune that the most critical leadership lesson he learned from those difficult years was the importance of being calm and optimistic. “People are looking for the CEO to set a tone,” he says. “We all talk about our business strategies and we all talk about tactics we employ and all that.
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What Does 2018 Hold for the Consumer Lending Industry?

Join us on 1/24/18 for a webinar about what's ahead for Fair Lending in Year 2 of the Trump Administration.
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Commerce Dept: 'Money mule' charged with ripping off 3 Minnesotans of $360000

He received wiring instructions by e-mail from a person who appeared to be employed by the title company involved in closing the real estate transaction. He followed the instructions and wired $205,704 to a Bank of America account. At the scheduled closing two days later, he learned that the e-mail he
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Severn Bancorp Inc Stock in Q3 2017 Driven by Institutional Investors

More important recent Severn Bancorp, Inc. (NASDAQ:SVBI) news were published by: Prnewswire.com which released: “Severn Bancorp, Inc. Announces Purchase of Title Company” on July 10, 2017, also Baltimoresun.com published article titled: “Annapolis bank is one of the first in Maryland to accept
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Real Estate Investors: 'Where Do We Find the Return for the Risk We're Taking?'

Only 1.1 percent of the respondents in PwC and ULI's annual Emerging Trends in Real Estate report think 2018 is not going to be a good year for real estate. PwC U.S. Real Estate Practice Leader Byron Carlock presented the report at the Belo Mansion & Pavilion Wednesday morning. Dallas-Fort Worth
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