India Post Launches Payments Bank Branches

India Post Launches Payments Bank Branches

Finance Minister Arun Jaitley on Monday launched the India Post Payments Bank branches, saying the network of post offices can take banking
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Cleveland-area house-price growth slowed in November, Case-Shiller report shows

U.S. house prices hit a new peak in November, based on the S&P/Case-Shiller indices, but there wasn't much movement in Cleveland. (Marvin
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BankerBay Eyes-up UK to Grow Successful Matchmaking Platform for Banks

BankerBay uses a complex algorithmic-approach, combined with manual curation carried out by experienced international bankers to match
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Fidor and EPAM Partner to Provide Innovative Global Digital Banking Solutions

Fidor, the innovation provider of digital banking solutions that helps firms launch and run their own digital banks, today signed a partnership
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CIT Profits Plunge on Restructuring Costs

CIT Group's exit from its commercial air and reverse-mortgage-servicing businesses cost it heavily in the fourth quarter. The $64.2 billion-asset
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Auckland market cools, prices in nearby towns surge

Auckland's housing market is showing more signs of cooling, with values … In Kaipara, north of Auckland values rose 6.4 percent in the last three
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Auckland and Hamilton values ease, nearby regions show strong growth

Home buyers seem willing to take on lengthy commutes as regional prices continue to rise, while Auckland and Hamilton are flat. The latest figures
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Fannie Mae-Freddie Mac Should Become Utilities, Trade Group Says

A powerful housing trade group is wasting no time in pushing the Trump administration and Republican-led Congress to address one of last
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Dougherty Mortgage Closes HUD Loan for Minneapolis Community

Minneapolis—Dougherty Mortgage LLC recently closed a $28.6 million HUD loan for the refinance of The Grain Belt, a 150-unit market rate multifamily
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Mortgage bankers offer new vision for housing finance reform

… a new housing finance reform plan on Tuesday designed to kick start Congressional discussions over what to do with Fannie Mae and Freddie Mac.
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UK authorities fine Deutsche Bank $204 million

LONDON (AP) — British authorities say they fined Deutsche Bank 163 million pounds ($204 million) after it failed to maintain adequate anti-money
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PNP Patriots urge support for Banking Services (Amendment) Act

KINGSTON, Jamaica — The Patriots, the young professional affiliate of the People's National Party (PNP), is rallying Members of Parliament (MPs)
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Monthly UK Housing Market Report from NAEA

… /in Member, Public /by BAR Site Administrator. To view the latest housing market report from the National Association of Estate Agents click here.
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New Residential Prices Stock Offering to Fund Citi Servicing Deal

Proceeds from the offering fund in part the cost of New Residential's acquisition of conventional mortgage servicing rights from CitiMortgage that have
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Surviving the Next Housing-Market Hurricane

When the 2008 global financial crisis erupted, America's red-hot housing market had been operating as a money market for years. Companies' chief
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Cambridge Bakery Redevelopment Gets $21.6M Mortgage

A bakery-turned-luxury apartment complex in Cambridge's Porter Square has obtained $21.6 million in first mortgage financing. Hathaway Lofts
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Lack of homes on the market to drive Toronto real estate prices, realtors say

TORONTO — A lack of homes for sale is expected to drive Toronto's sizzling housing market to another year of double-digit price increases, the city's
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Australian banks to begin sharing information on 'bad advisers'

Australia's major banks have announced plans to name and share information about financial advisers with a poor record of conduct to help prevent
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Why isn't Freddie Mac on board with all these rosy outlooks?

And so in this, Freddie Mac publishes a January 2017 monthly summary that looks “at the uncertainty that weighs on the housing market after the best
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Smart SMB bank Tide comes out of the gate with bags of features

Many startups in FinTech are attempting to disrupt the banking world with consumer-focused apps, but the real prize and the most lucrative is going to
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