How Britain's high street banks became an endangered species

There has been a flurry of bank closures this year, as more customers move to online and telephone banking. Lloyds, HSBC and Barclays have all closed branch networks across Britain in 2017. Telegraph analysis puts the number of branch closures in 2017 – including the Big Four, Clydesdale and
See Original Article

The Royal Navy have been getting into the Christmas spirit, with a team of volunteers from HMS Sultan offering to lend Father Christmas a helping hand. Divisional staff from the Defence College of Technical Training are sure to be on the nice list after they stepped in to help refurbish a derelict sleigh
See Original Article

Prices on homes with Fannie or Freddie mortgages are on the rise nationwide. Arizona is one of four states, plus the District of Columbia, where prices have risen the most. Nationwide, homes with Fannie Mae or Freddie Mac mortgages are up in price 6.5 percent in the third quarter of this year,
See Original Article

The total interest rates plus fees charged on borrowing can't exceed the ceiling imposed by the Supreme People's Court, and lenders are barred from giving loans to those without income, China Business News reported, citing an official notice. Regulators will also stop approving new micro-lenders, and
See Original Article

Peer-to-peer lenders including Funding Circle and RateSetter have set dates for the launch of their innovative finance Isas, but high demand and a clampdown from providers on the highest risk borrowers will slow the process for new investors. First announced in the 2014 Budget, the new products
See Original Article

Prices of residential real estate in prime central London appear to have leveled out, after a 15.2% drop since the city's peak in mid-2014, according to research from real estate adviser Savills, and expert opinion. Over the next five years, prices of prime properties are expected to increase across the
See Original Article

BidaskClub cut shares of Weatherford International from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Finally, Scotiabank restated a “buy” rating on shares of Weatherford International in a research report on Tuesday, August 29th. Three investment analysts have
See Original Article

What if we unleashed our inner Sheldon when buying, selling, renting or investing in real estate? Let's take a look at how that might work using some of Sheldon's best-known insults. 1. To a lender bearing bad news: “No, no I'm listening. It just takes me a minute to process so much stupid all at once”.
See Original Article

To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS: Streetwise Manitowoc: Mayor Justin Nickels to
See Original Article

Fannie Mae and Freddie Mac already have higher limits on mortgages they insure in expensive housing areas, giving borrowers access to lower-cost mortgage money than from private lenders. In 2009, in response to the housing crisis, Fannie Mae and Freddie Mac increased the limit on loans they
See Original Article

Mortage Sales Supervisor ( RE Lending Sales Supervisor). JOB SUMMARY: Actively manage a team(s) of internal Loan Officers specific to the relocation loan program and Mortgage Origination Support Specialists to promote the Credit Union's lending programs and generate loan opportunities.
See Original Article

The real estate market is one of the most in-tune economic barometers; its transactions add up to nearly 15 percent of GPD. As globalization and digitization continue to disrupt established labor and business patterns, housing needs and investment opportunities evolve as well. In certain go-to metro
See Original Article

His client, Aerial Development Group, tore down a tiny $165,000 house in Shelby Hills and built a four-bedroom navy blue house will all the latest design trends. Village Real Estate listed it for $649,000. The house hasn't moved. After dropping the price to $639,000 with little effect, he got creative.
See Original Article

“Amid the rapid development of cash loans – while they have played a role in meeting the normal credit needs of some groups – problems such as over-lending, repeat borrowing, improper collection, abnormally high interest rates, and privacy violations have become prominent,” the multi-ministry group
See Original Article

FNB clients frustrated as ATMs, mobile banking goes offline. South Africa; Friday 1 December 2017 – 2:20pm. File: First National Bank customers were unable to do any banking on Friday following technical issues. Photo: FNB Smartphones. JOHANNESBURG – First National Bank (FNB) customers were
See Original Article

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is set to showcase its extensive portfolio of real estate projects at the Dubai Property Roadshow, London. Set to run on
See Original Article

Broadcom Ltd. isn't planning to increase its $105 billion offer for Qualcomm Inc. ahead of a proposal next week to replace directors on its board, according to people familiar with the matter. Broadcom doesn't anticipate increasing its $70-a-share offer until closer to Qualcomm's board meeting in March,
See Original Article

Unilever Chief Executive Officer Paul Polman, who has built his reputation on a softer approach to capitalism, showed he can get feisty, too. His combative side was on display at an investor meeting Thursday in Englewood Cliffs, New Jersey, where the Dutchman found himself confronted with tough
See Original Article

Also lower in pre-bell trade was Walter Investment Management ( WAC ), which shed 18% after the mortgage loan servicer filed a voluntary chapter 11 petition in the US Bankruptcy Court for the Southern District of New York. The prepackaged restructuring plan is expected to be complete in Q1 of 2018
See Original Article

The stock of ORBIT INTERNATIONAL CORPORATION (OTCMKTS:ORBT) registered a decrease of 14.29% in short interest. ORBT's total short interest was 600 shares in December as published by FINRA. Its down 14.29% from 700 shares, reported previously. With 3,400 shares average volume, it will
See Original Article