How tax reform could make housing affordability even worse

The House tax plan eliminates private activity bonds. These tax-exempt bonds are issued by state and local entities, and the money from them is loaned to for-profit and non-profit private companies to fund eligible projects, including health care centers and libraries. The affordable housing market also
See Original Article

The Summit was attended by senior officials of the Foreign Exchange and Remittances Group as well as executives from banking industry of the UAE and Saudi Arabia. Last week, the State Bank of Pakistan launched “Asaan Remittance Account” for prospective beneficiaries of home remittances with a
See Original Article

At the Federal Communications Bar Association dinner on Thursday, Federal Communications Commission Chairman Ajit Pai introduced a comedic sketch in which he and a Verizon executive hatch a plot to corrupt the regulatory process by installing a “Manchurian candidate” — Pai himself, a former
See Original Article

12 v 12.
See Original Article

Investors sentiment increased to 1.11 in 2017 Q2. Its up 0.16, from 0.95 in 2017Q1. It improved, as 34 investors sold Fortune Brands Home & Security, Inc. shares while 142 reduced holdings. 61 funds opened positions while 135 raised stakes. 133.18 million shares or 3.09% more from 129.19 million
See Original Article

In this digital age, the convenience of banking has reached exceptional sophistication, where we can accomplish a vast range of transactions without actually leaving our desks. Unfortunately, this convenience, spurred by the latest technology, can sometimes come with certain risks, such as credit card
See Original Article

The stock of CHINASOFT INTERNATIONAL LTD (OTCMKTS:CFTLF) registered an increase of 1.99% in short interest. CFTLF's total short interest was 10.61M shares in December as published by FINRA. Its up 1.99% from 10.40 million shares, reported previously. With 1,200 shares average volume,
See Original Article

New Delhi: Public sector lender Syndicate Bank today slashed the marginal cost based lending rate (MCLR) by 0.05 percent for select maturities. The Bengaluru-headquartered lender has cut the overnight, 1-month and 3-month MCLR by 0.05 percent each to 7.95, 8 and 8.05 percent. The new MCLR
See Original Article

The move comes as mobile banking continues to be popular among customers. A survey by the American Bankers Association in August revealed that 70 percent of Americans surveyed had managed their bank account using a mobile device at least once during the previous month. Half of those
See Original Article

Intriguing homes hit the market, and downsizing revealed some interesting market characteristics. We saw a lot of interesting trends this year in real estate. Some awesome houses hit the market this year. Here are a few of my favorites: The most interesting home I may have seen was at 280 Niagara
See Original Article

Among 5 analysts covering Service Corporation International (NYSE:SCI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Service Corporation International had 13 analyst reports since October 29, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse
See Original Article

The company has market cap of $6.21 billion. It operates through Title Insurance and Services, and Specialty Insurance divisions. It has a 22.15 P/E ratio. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related services
See Original Article

Honkamp Krueger Financial Services Inc. grew its holdings in shares of Old Republic International by 2.9% during the second quarter. … operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and
See Original Article

Fortune Brands Home & Security logo Wells Fargo & Company MN lessened its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 8.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned
See Original Article

The FRDI bill aims to focus on finding a resolution in case of a rare event of a failure of any financial service provider like banks, insurance companies or a non-banking financial companies or others. At present, Reserve Bank of India protects up to Rs 1 lakh of deposits under the Deposit Insurance and
See Original Article

Shobha Karandlaje, MP, on Friday expressed her dissatisfaction over the slow pace at which cashless transactions through mobile banking were being promoted by nationalised banks in select villages in Udupi district. She was speaking at the District Development Coordination and Development
See Original Article

Despite weakness in the housing and employment indicators, consumer confidence grew by 36 percent. Some of that confidence is likely due in part to gains made in the stock market, according to David Cadden, a professor emeritus at Quinnipiac University's School of Business. “With a rising stock
See Original Article

Top of Choy's Christmas wish-list is the hope the new Government's consumer champion, Chris Faafoi, will prohibit ultra-high-interest, short-term payday loans from being repeatedly rolled over. Faafoi has already committed to an interest rate/total cost cap on lending. Currently, payday lenders, whose
See Original Article

Ralph McLaughlin, chief economist at the online real estate site Trulia, took a quick look at the numbers and said home values in Watts and Compton are at post-recession highs, indicating “increased demand to live or invest” in these areas. Ruiz said one of his clients is an Asian U.C. Irvine professor
See Original Article

The Peterlee-based East Durham Trust is supporting the work of the Illegal Money Lending Team (IMLT) – a national organisation that investigate and prosecute loan sharks. Trusts chief executive Malcolm Fallow said: “East Durham experiences the levels of disadvantage that make local people
See Original Article