Inside Business Banking and Finance

Inside Business Banking and Finance

Amid reports of another year of record earnings and asset growth, TowneBank leaders detailed extensive plans for expansion into Richmond and
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PrimeLending Wins Freddie Mac Home Possible RISE AwardSM for Outstanding Work in …

PrimeLending, a national home lender, has earned the Freddie Mac Home Possible RISE (Recognizing Individuals for Sustained Excellence) Award
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Traders Are Shorting the S&P 500 at a Rate Unseen Since 2015

Investors haven't been this keen to short the U.S. stock market since the Federal Reserve started raising interest rates. Short interest as a percentage
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NC Bank Launches HECM Division

… with ReverseVision, the San Diego-headquartered provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry,
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Almost 40% of Americans Would Struggle to Cover a $400 Emergency

Many U.S. households find themselves in a fragile position financially, even in an economy with an unemployment rate near a 50-year low, according
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Meet The Top Developers, Architects & Solution Providers In Johannesburg

With growing challenges in the real estate sector each day, the summit aims to address a gamut of issues and challenges with respect to finding
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CH Robinson buys European road transportation firm

In March, C.H. Robinson paid $48 million to buy The Space Cargo Group, which provides international freight forwarding, customs brokerage, and
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Mortgage Rates Hold in Range

Freddie Mac's (OTCQB: FMCC) Primary Mortgage Market Survey®, out Thursday, reports that fixed-rate mortgages held mostly steady over the past
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Amazon's HQ2 boosts Northern Virginia housing, pares New York gains

Home sales in both Manhattan and Arlington, Va., jumped after Amazon.com Inc. selected the two sites for its second headquarters. However, the
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Mortgage Rates Slide Back to the Lowest Levels of 2019

The average rate on 30-year fixed-rate mortgages has inched down to 4.06%, from 4.07% last week, says Freddie Mac, the giant mortgage company.
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Indictment of Manafort's banker reveals new details of loan scheme

At Manafort's trial last summer, prosecutors laid out evidence that Federal Savings approved $16 million in mortgage loans to Manafort because of
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Local Real Estate Agent Receives The Century 21 Real Estate "Relentless Agent Award" For …

SAN DIMAS, Calif., May 23, 2019 /PRNewswire/ — Today, Century 21 Real Estate LLC announced the winners of its quarterly “Relentless Agent
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Fannie, Freddie appraisal secrecy hurts first-time buyers

What's up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary. From Freddie Mac's
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Real Estate Investment Management Software Market 2019 Analysis and Precise Outlook – IBM …

Global Real Estate Investment Management Software Market Research Report 2019 to 2025 provides a unique tool for evaluating the market,
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Bank of Ireland plans to sell £2.27bn prime UK mortgage debt

The loans are, the bank said, high-quality UK residential mortgage loans, which are being bunched together for its external wholesale funding
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Banking on Success: Local Bankers Share Advice on Small Business Lending

According to the 2018 FDIC Business Lending Survey, almost 53 percent of small loans to businesses at the end of 2017 were held by the nation's
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Grayscale to Open Ethereum Trust to Individual Investors

Small investors will be able to buy shares in the trust in over-the-counter markets after gaining approval by the Financial Industry Regulatory Authority,
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Real estate giant Cushman & Wakefield acquires Peloton's Austin operations

Real estate services firm Cushman & Wakefield has acquired the Austin operations of Peloton Commercial Real Estate, the companies announced
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Additional Risks of Reverse Mortgages

The one area of complaints in the Consumer Financial Protection Bureau report that readers should remain wary about relates to loan servicing.
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Flying Taxi Startups Target Asia Debut Using European Technology

The world's first passenger-drone services may debut in Asia — but the technology behind these flying taxis will be largely European. Volocopter
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