JPMorgan Buys Rights for HQ From Michael Dell Partnership

JPMorgan Buys Rights for HQ From Michael Dell Partnership

JPMorgan Chase & Co. has acquired the bulk of the air rights it needs to build its new headquarters tower at 270 Park Ave. in midtown Manhattan from a partnership that controls Grand Central Terminal's unused space, a person with knowledge of the transaction said. The bank bought about 650,000
See Original Article

Oil-Rich Nigeria's Fuel Scarcity Weighs on Buhari's Popularity

A giant electronic advertising screen displays headline news about President Muhammadu Buhari in Lagos. Photographer: Tom Saater/Bloomberg. Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state's failure to fix a problem that's bedeviled
See Original Article

UK mortgage lending rises but banks warn on 'sluggish' economy

Lending for mortgages jumped in January by nearly a tenth, but borrowing by businesses to invest dropped back amid Brexit uncertainty, according to official figures that paint a “sluggish” picture of the UK economy. Total mortgage lending rose by 9.7% to £21.9bn in January compared with the same
See Original Article

As Fortune Brands Home & Security (FBHS) Stock Value Rose, Shareholder Wellington Shields …

Wellington Shields Capital Management Llc decreased its stake in Fortune Brands Home & Security (FBHS) by 14.71% based on its latest 2017Q3 regulatory filing with the SEC. Wellington Shields Capital Management Llc sold 5,000 shares as the company's stock rose 10.95% with the market.
See Original Article

Giant Oil Tankers From US Seen Cutting Time, Money and Traders

Big oil tankers sailing from the U.S. are set to bring along some benefits for refiners in Asia while allowing them to sidestep traders serving the world's top crude-buying region. The new option to load oil into very large crude carriers at the U.S. Gulf Coast terminal operated by the Louisiana Offshore Oil
See Original Article

Banking royal commission to start with victims of 'fraudulent' loans, brokers, car finance and credit …

Fraudulent brokers and loan applications at National Australia Bank and the Commonwealth Bank-owned Aussie Home Loans are top of the agenda for examination when the royal commission kicks off in a fortnight. Commissioner Kenneth Hayne is diving straight into the quagmire of dodgy lending
See Original Article

Mortgage lending increases in January: UK Finance

Gross mortgage lending totalled £13.8bn in January, 7.7% more than a year earlier and slightly above the monthly average of £12.4bn for 2017, according to new UK Finance figures. Eric Leenders, managing director of personal finance at UK Finance, said: “Gross mortgage lending in January
See Original Article

Homeowners face £930 mortgage rise

The average rate on a standard variable rate loan is 4.76 per cent, but the average two-year fixed deal is 2.37 per cent. Rachel Springall, financial expert for the consumer analytics group Moneyfacts, said: “Just switching from a costly standard variable rate to a low fixed-rate mortgage could save
See Original Article

It's Dalio Versus Everyone Else as Money Flows to Europe Stocks

Even among those who are short, Bridgewater stands out, according to a Bloomberg survey of hedge funds. The combined value of their shorts stands at $23 billion. Dalio's position has decreased from $22 billion on Feb. 15 but is still a whopping 43 percent larger than the outstanding bets by Cliff
See Original Article

Banks must get their heads out of the sand and into the cloud

There is something for everyone to celebrate in what has been a solid earnings season for the Big Four UK banks. RBS saw its first profit in a decade, HSBC's pivot to Asia gained momentum, Lloyds' focus on simple and safe business model continued to bear fruit, and Barclays planned to return more
See Original Article

Gross mortgage lending jumps almost 10 per cent: UK Finance

Overall gross mortgage lending reached £21.9bn in January, the latest figures from trade body UK Finance reveal. This is an increase of 9.8 per cent from the same month in 2017 and is up from the £20bn lent out in December. Gross lending from UK high street banks totaled £13.8bn, an increase of 7.7
See Original Article

What real estate leadership needs to succeed

To illustrate a slightly different notion of “space,” consider how the team model of real estate evolved beginning with Gary Keller's The Millionaire Real Estate Agent. The book outlined the steps required to become a “seventh-level business owner” by developing an agent team. Keller Williams then
See Original Article

UK mortgage approvals bounce back from four-year low in January

“We're reluctant to conclude that January's bounce back in mortgage approvals means its back to business as usual for the housing market,” said Samuel Tombs of Pantheon. UK Finance also reported that consumer credit fell by 0.2 per cent in January, while net credit card lending was just £4m, down
See Original Article

China May Abolish Term Limits, Allowing Xi to Stay in Power Indefinitely

China is clearing the way for President Xi Jinping to stay head of state indefinitely, after the country's ruling Communist Party proposed ending term limits for the post on Sunday. That proposal, posted to the country's official news agency Xinhua, called for an amendment to the constitution that ends rules
See Original Article

Hunt Provides $5.4M Freddie Mac Loan for New Affordable Housing Project in Metro Atlanta

Wisteria Place at Mableton in Mableton, Ga., will feature a picnic area, koi pond, vegetable gardens, butterfly garden, gas grill area, covered gazebo, computer lab, theater, beauty salon and a classroom. MABLETON, GA. — Hunt Mortgage Group has provided a $5.4 million Freddie Mac loan for the
See Original Article

Apple's Three New iPhones for 2018: Bigger, Faster, Cheaper

Apple Inc. is preparing to release a trio of new smartphones later this year: the largest iPhone ever, an upgraded handset the same size as the current iPhone X and a less expensive model with some of the flagship phone's key features. With the new lineup, Apple wants to appeal to the growing number
See Original Article

AG Mortgage Investment Trust (MITT) Receiving Favorable News Coverage, Study Finds

It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any
See Original Article

#NewLook: Twitter Eyes Redesign to Promoted Trend Ads

Twitter is experimenting with a redesign to its one of its first ad products, the “promoted trends” that let advertisers highlight the subject of their choice near the platform's closely … “So this is a new way to display them in a way that's far more visual, and it takes up a much larger piece of real estate.”.
See Original Article

bant/ – Thinking of buying a hoodie

Thinking of buying a hoodie – “/bant/ – International/Random” is 4chan's international hanging out board, where you can have fun with Anonymous all over the world.
See Original Article

What is Home Equity and Why Do I Want It?

Let's define the term and calculate how much home equity you have.
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.