LendInvest hits £500m lending milestone in 2017

LendInvest hits £500m lending milestone in 2017

LendInvest funding to property investors, developers and landlords helped to buy, build or renovate almost 2,000 homes last year, according to the firm. The lender said its focus on developing tailored loan products helped bolster performance. Last year LendInvest added five new products to its loan
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Recommendation Trends of the Stocks: TransUnion (TRU), Apollo Commercial Real Estate …

TransUnion (TRU) shares dropped -0.22 percent and closed the day at $54.73. The company has its outstanding shares of 182900. The Relative Volume value measured for TransUnion stands at 0.84. A total of 1.2 Million shares exchanged at hands and its Average Volume is 1.43 Million. Its 52-week
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Nitesh Estates spikes 20% as Chinese firm eyes major stake in real estate company

Nitesh Estates shares were locked at 20 percent upper circuit at Rs 15.93 on the BSE Thursday after a media report indicated that Chinese company is eyeing major stake in the real estate firm. “Shanghai-based Fosun Group is in advanced discussions to invest Rs 800 crore (USD 125 million) in
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Social Media for Realtors in 2018: 3 Trends You Can Expect

And 2018 will likely be the year for widespread leverage. If you're not familiar with the feature, think of it as having a live video camera that lets you broadcast in real time no matter where you are. This feature has already become a mainstay for beauty vloggers and direct sales companies, but real estate
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Mortgage rates dip moderately in first week of the new year

Nearly a month after the Federal Reserve raised benchmark interest rates by 25 basis points, mortgage rates have remained stubbornly low, with 30-year fixed-rate mortgages dipping to 3.95 percent, according to Freddie Mac in its first Mortgage Market Survey of the new year. The slight 4 basis-point dip
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Mortgage rates stumble heading into the new year

A week after soaring to their highest levels in months, mortgage rates retreated to where they had been hovering for the past several weeks. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 3.95 percent with an average 0.5 point. (Points are fees paid
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Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of 6000000 Shares of …

PASADENA, Calif., Jan. 4, 2018 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the pricing of its public offering of 6,000,000 shares of common stock at a price of $123.50 per share in connection with the forward sale agreements described below. The Company
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Why The Customer Journey In Banking Will Never Be 'Digital Only'

Many banks and credit unions would call that a failure because the online and mobile channels didn't deliver an entirely digital consumer journey. That's not entirely true. Banks and credit unions aren't measuring digital's impact correctly, according to the ForeSee. They contend that an “all-digital retail
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Mortgage Rates Drop

MCLEAN, VA–(Marketwired – Jan 4, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping to start the year. News Facts. 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average
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'The village is decimated': the high street where all the banks have shut down

In Wath-upon-Dearne, near Rotherham, the village's four bank branches have already shut and it has had a major impact on the local community. Locals traders are up in arms about the closure. Pictured outside a boarded up Yorkshire Bank branch are Cate Ward with fellow traders and locals. (Photo:
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GSEs wade into chattel financing

As part of a pilot program revealed last month, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac plan collectively to bankroll about $200 million in chattel loans backed by manufactured homes over two years, 2019 and 2020, a move that could lead to a more stable source of
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Why Investment Bankers Work for Free

Investment banking, I often like to say, operates as a sort of gift economy in which banks do lots of free favors for companies in the hopes of getting lucrative paying work from those companies later on. But this is a little different from the gift economies that anthropologists describe in traditional societies.
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Average 30-year mortgage rates slip to 3.95 percent

FILE – This Monday, July 10, 2017, file photo shows a house for sale in North Andover, Mass. On Thursday, Jan. 4, 2018, Freddie Mac reports on the week's average U.S. mortgage rates. FILE – This Monday, July 10, 2017, file photo shows a house for sale in North Andover, Mass. On Thursday, Jan.
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5 Long-Term Investing Opportunities You Can Bet on Now

outlined two dozen ways in which marriages, births, deaths, race, labor, and other demographic trends would impact the country. … Investing opportunity: The coming of age of millennials bodes well for the overall economy, but it's a particular boon for real estate, which has been gradually healing since
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Understanding Those Alarming Computer Chip Security Holes: 'Meltdown' and 'Spectre'

Google, whose security researcher Jann Horn of the Project Zero team (see this Fortune profile of that ace hacker squad from last year) discovered both flaws, first alerted Intel to the problem, giving the company a headstart on the process. Other independent discoverers of Meltdown included Werner
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Winter Storm Has Already Prompted Thousands of Canceled Flights—With More to Come

Winter weather is wreaking havoc on airline schedules. Nearly 3,900 flights have been cancelled for Thursday, with over 7,800 more delayed, according to FlightAware, a plane tracking website. That was as of 9:45 a.m. ET—and the number is climbing steadily. Worse still, it could be several days before
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Dear FM, how about selling a few good-for-nothing PSU banks?

PSU banks have a market share of close to 50 per cent in the overall bank lending. This is high. SBI and its associates account for over 20 per cent of overall lending. The size of several PSU banks is no longer meaningful, given the rapid growth of financial sector players in the country. There has been a
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Marijuana ETF Looks to Light it up in 2018

The marijuana investing theme has finally made its way to a US-listed exchange traded fund. As of December 26, the ETF Managers Group revamped the Tierra XP Latin America Real Estate ETF (NYSEArca: LARE) and turned it into the ETFMG Alternative Harvest ETF (NYSEArca: MJX), which comes
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Is Lloyds among the banks to buy in 2018?

Through the fog of Brexit and uncertain UK outlook, some much-needed cheer emerged for our army of Lloyds Banking Group (LLOY) investors today. The new year fillip came courtesy of UBS, whose European banking analysts think there's a potential 26% upside in the Lloyds share price, fuelled by
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Pasadena Real Estate: A Welcome Home In Friendswood

WOW House: This home has everything that today's savvy buyers are looking for in an amazing Friendswood home. By Bryan Kirk, Patch Staff | Jan 4, 2018 8:10 am ET. 0. Previous. Pasadena Real Estate: A Welcome Home In Friendswood-4; Pasadena Real Estate: A Welcome Home In Friendswood-0
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