Hurricane Damage Continues to Impact Mortgage Delinquencies

Hurricane Damage Continues to Impact Mortgage Delinquencies

Mortgage delinquencies during January were down by 8.6 percent from the previous month but were 1.3 percent higher than one year ago, … Black Knight offered a separate analysis of the Puerto Rican mortgage market and determined 57,000 loans still delinquent as a result of Hurricane Maria, with
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Triton International (TRTN) Downgraded to Hold at ValuEngine

ValuEngine downgraded shares of Triton International (NYSE:TRTN) from a buy rating to a hold rating in a report issued on Thursday, February 15th. A number of other research firms have also recently commented on TRTN. Zacks Investment Research upgraded shares of Triton International from a
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Novartis, Watchtower sales among Rockland's biggest deals in 2017

Among Rockland's most pricey real estate transactions in 2017 were a $30 million sale of the former Novartis campus, an $11 million sale of a Suffern apartment complex, and a $7.5 million sale of land at the former Rockland Psychiatric Center, according to the lohud real estate database. The database
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Nick DeSimone Joins EverBank as Retail LO

EverBank, a division of TIAA FSB, has announced that Nick DeSimone has joined the Retail Lending Division as a Retail Loan Originator. De Simone will be located in Parsippany, N.J., specializing in the tri-state area, offering residential mortgage solutions to local customers and build awareness of
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Leading LA Real Estate Agent Valerie Fitzgerald Launches Cutting-Edge New Website

BEVERLY HILLS, Calif., Feb. 23, 2018 /PRNewswire/ — Los Angeles realtor Valerie Fitzgerald is proud to announce the launch of her new website, valeriefitzgerald.com, a re-vamped tool that will add to her award-winning presence and expertise in the real estate markets from the ocean to the
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OnCourse Learning Launches Mortgage Licensing Exam Prep Tool

A new online test preparation tool, Prep xL by OnCourse Learning, is now available to mortgage professionals across the country who are studying for the national portion of the licensing exam. “Prep xL customizes the learning experience by zeroing in on the specific areas where an individual student
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CAI International Inc (CAI) Major Shareholder Ogawa Family Trust Sells 1250000 Shares of Stock

Nationwide Fund Advisors grew its position in shares of CAI International by 23.0% during the second quarter. Nationwide Fund Advisors now owns 17,088 shares of the transportation company's stock worth $403,000 after buying an additional 3,200 shares in the last quarter. Northern Trust Corp grew
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Investors Should Avoid LendingClub Corp Stock and Its Flawed Business Model

Essentially, LC was looking to become the eBay Inc (NASDAQ:EBAY) of lending and would issue LendingClub stock in its IPO. Except the party poopers at the SEC decided this was the same as selling securities and shut the models down. LendingClub reorganized and had an IPO. Now the model
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Hunt Mortgage Provides $31M for Phoenix Property

New York City-based Hunt Mortgage Group has provided a first mortgage bridge loan for $30.5 million to finance the acquisition and renovation of 240-unit Mountain Park Apartments in Phoenix. The garden-style community is in Ahwatukee Foothills, an urban village within the city of Phoenix and part of
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Flagstar Acquires Santander's Warehouse Portfolio

based Flagstar Bancorp Inc. “We've been a warehouse lender for over 20 years and are excited about the opportunity to strengthen and diversify our mortgage warehouse business. It also allows us to leverage our experience and bring our quality service to more customers in the mortgage marketplace.
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Insider Buying: ARRIS International plc (ARRS) CEO Acquires 2000 Shares of Stock

ARRIS International logo ARRIS International plc (NASDAQ:ARRS) CEO Bruce William Mcclelland purchased 2,000 shares of the company's stock in a transaction that occurred on Friday, February 16th. The shares were purchased at an average cost of $25.91 per share, for a total transaction of
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NRA Members Lose MetLife Discount Amid School Shooting Backlash

The insurance giant tweeted on Friday that it has decided to end its discount program with the NRA. Previously, members of the pro-gun organization could get discounts through MetLife on insurance for boats, motorcycles, and RVs. The move follows a number of other businesses that have decided to
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The Biggest Commercial Real Estate Brokerage Firms in Dallas-Fort Worth 2018

Every year, D CEO compiles data from North Texas' biggest commercial real estate brokerage firms. We ask each one how many local brokers produce revenue for their given firms, and rank them by size. This year saw little change in the top spots. The top five largest firms—CBRE, JLL, Cushman
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The Incredible Shrinking US Housing Supply

Data from the National Association of REALTORS® shows that buyers are facing a shortage of available housing; Mortgage rates are improved for the … New data from the National Association of REALTORS® shows a 5 percent drop in the number of used homes sold on an annualized basis, marking
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CAI International Inc to Post Q2 2018 Earnings of $0.98 Per Share, SunTrust Banks Forecasts …

ValuEngine lowered shares of CAI International from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of CAI International from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research report on
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The top NYC real estate events next week

On Feb. 27, the Brooklyn Historial Society is hosting its Brooklyn Real Estate Roundtable Breakfast from 8 to 10 a.m. at the Brooklyn Historical Society, 128 Pierrepont Street. Attend the 2018 Series Premiere, which marks the roundtable's 12th year of operating, and bump elbows with the major players in
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Watching the Tape Move 1.93% for Crombie Real Estate Investment Trust (CRR.UN.TO)

Currently, the 14-day ADX for Crombie Real Estate Investment Trust (CRR.UN.TO) is sitting at 41.28. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of
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Is the home affordability crisis overstated?

Low home inventory continues to put upward pressure on home prices, but affordability strains may be overstated, according to First American Chief Economist Mark Fleming. The concept of home price appreciation outpacing household income growth is typically used as a basis for arguing a home
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Bronfman EL Rothschild LP Lowers Position in Marriott International Inc (NASDAQ:MAR)

Jennison Associates LLC increased its holdings in Marriott International by 1.7% in the 4th quarter. Jennison Associates LLC now owns 12,149,996 shares of the company's stock valued at $1,649,119,000 after buying an additional 199,057 shares during the period. Westfield Capital Management Co.
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The Top Commercial Real Estate Brokers in Dallas-Fort Worth 2018

We asked the leadership teams at North Texas' leading commercial real estate firms to tell us who generated the most revenue for their companies in 2017. Firms were limited to the top 20 percent of their brokers, rounded up to the nearest whole person. The only exceptions were made for partners or
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