Housing Loans Show Remarkable Growth in 2017

Housing Loans Show Remarkable Growth in 2017

Statistics of the Bulgarian National Bank (BNB) have finally detected a significant upheaval in the credit market after years of freezing around zero. Housing loans have risen most heavily – with a significant 7.4% last year, the figures show. In absolute terms, the increase in mortgage loans is close to BGN
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Can TrueLayer be the UK's first open banking unicorn?

With new financial regulations comes great opportunity, and one London-based startup wants to be the middle man for the open banking era. By providing access to the newly opened data streams being released by major banks across Europe, TrueLayer wants to power fintech startups looking to build
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Nordea's Norway unit sees continued growth in lending

”We expect continued lending growth to businesses going forward. This quarter we have mainly seen increased demand from larger corporations. We see more optimism among small and medium sized companies, but so far they have not increased their capital needs significantly. We think that will
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ING's fintech subsidiary Yolt scores UK Open Banking first with Lloyds

Smart money app Yolt has become the first third party provider to complete a successful connection under the new Open Banking system. Yolt has been working with the Open Banking Implementation Entity (OBIE) and the CMA9 banks (Allied Irish Bank, Danske, Lloyds Banking Group, Nationwide,
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Last year was a bonanza for US startups. They collected more than $67 billion in venture-capital …

Methodology: This ranking was based on data collected by Bloomberg. Given the difficulty of capturing all the deals, omissions are possible. The cities cited are current company headquarters. Locations and company names were checked against SEC documents, websites, press releases and other
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UBS Europe SE acquires Nordea's Luxembourg-based private banking business

UBS and Nordea today announced an agreement on the acquisition of part of Nordea's Luxembourg-based private banking business by UBS. The transaction foresees the acquisition of part of Nordea Bank S.A.'s business and its integration onto UBS's advisory platform, thereby providing clients access
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Bank of America and Illinois are cashing in by squeezing low-income customers

Bank of America is ending a free customer checking account that doesn't require a minimum balance. Gov. Bruce Rauner's administration is inching closer to implementing higher check-cashing fees for currency exchanges, which are often the only retail banking option in some neighborhoods.
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What Does Indiabulls Real Estate Limited's (NSE:IBREALEST) Share Price Indicate?

Indiabulls Real Estate Limited (NSEI:IBREALEST), a real estate company based in India, saw a double-digit share price rise of over 10% in the past couple of months on the NSEI. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less
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Philip Morris International Inc. (NYSE:PM) Shares Sold by Keating Investment Counselors Inc.

Keating Investment Counselors Inc. trimmed its stake in Philip Morris International Inc. (NYSE:PM) by 1.3% in the third quarter, according to its most … Goldman Sachs Group raised shares of Philip Morris International from a “buy” rating to a “conviction-buy” rating and set a $135.00 price objective on the
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Lloyd's eyes “terrific” growth prospects in India market

Lloyd's India Country Manager and Chief Executive Shankar Garigiparthy told reporters the company is looking to expand and is in talks with three to four local Syndicates, focusing on title insurance, Directors and Officers liability insurance, and cyber security, according to Outlook India. Lloyd's had
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Down Payment Study; The "New" CFPB; Solid Housing and Lending Stats

Jobless claims (233k, +17k), December leading economic indicators, new home sales, Freddie Mac's Primary Market Mortgage Survey, and the Kansas City Fed Manufacturing Survey round out this morning's releases. The 10-year is currently yielding 2.64% and agency MBS prices are better a shade
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2018 will be a record year for multifamily originations – Freddie Mac

“2018 will be another excellent year for the multifamily market,” said Steve Guggenmos, vice president of multifamily research and modeling at Freddie Mac. “While results across markets will vary, we expect this year to set another record in multifamily origination volume. Moreover, demographics and
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China Real Estate Guggenheim (TAO): Technical Watch on These Shares

Chart analysts may also use the indicator to project possible price reversals and to define trends. China Real Estate Guggenheim (TAO) currently has a 14-day Commodity Channel Index (CCI) of 132.76. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a
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loanDepot Branches Into Home Buying Process

mello Home is an expansion of mello, loanDepot's digital lending platform, which includes a web-based consumer portal, mobile point-of-sale system, and digital mortgage loan application. loanDepot also plans to launch a home improvement business under the mello umbrella, HousingWire reports,
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Is Redfin Corporation (NASDAQ:RDFN) A Good Real Estate Bet?

Redfin Corporation (NASDAQ:RDFN), a $1.89B small-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investments typically display unique and attractive
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Logan Paul Is Back on YouTube and Pledging to Donate $1 Million to Suicide Prevention

YouTube star Logan Paul has returned to the site after backlash over a controversial video apparently depicting a suicide victim he posted earlier this month. In a swift departure from his usual stunt and comedy vlogs, Paul, 22, on Wednesday posted an emotional video of his journey to “further
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Investors Title Co (ITIC) Shareholder Biglari Capital Has Cut Stake; Clear Harbor Asset …

Clear Harbor Asset Management Llc decreased its stake in Commscope Hldg Co Inc (COMM) by 15.01% based on its latest 2017Q3 regulatory filing with the SEC. Clear Harbor Asset Management Llc sold 14,540 shares as the company's stock declined 6.21% while stock markets rallied.
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An AI Bot Named Einstein Critiques Salesforce Execs Every Week

Imagine going to a staff meeting and being second-guessed by Einstein. Well, that's what happens at Salesforce—sort of. Chief executive Marc Benioff told Davos attendees on Thursday that, at a senior staff meeting every Monday for the last year, one seat has been occupied by the company's “artificial
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Nintendo Is Shutting Down Miitomo, Its First Smartphone App

Nintendo announced Miitomo is shutting down on May 8 at 2 a.m. ET. The app has already stopped selling Miitomo coins, although users can still collect bonus coin rewards until the app official shuts down. Nintendo also said it will be refunding any unused coins that users paid for. Miitomo also
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Broadridge introduces repo trading tool

The technology solutions provider Broadridge has introduced a repo electronic trading system, known as repo order quote (ROQ), designed to view liquidity and pricing across multiple electronic marketplaces. ROQ allows repo traders to see demand and availability for each term, security or basket of
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