London housing market shows signs of sliding into doldrums

London housing market shows signs of sliding into doldrums

A HOMETRACK report provided further signs that London's long housing boom is coming to an end. Prices across the capital will start falling by mid-year, the research company predicted, just two weeks after Acadata said values are already dropping at the fastest pace since the depths of the recession.
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FANG Stocks Tumble 6% in Unprecedented Selloff

The FANG index's advance from early 2016 through this month's peak reached an annualized rate of 67 percent, outpacing even the Nasdaq Composite Index's return in the final two years of the dot-com bubble. “It's been such a good performer that at this point it's kind of on the defensive,” Brent Schutte,
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The Lending Cupboard to move locations in Red Deer

The Lending Cupboard wants to move into a new location at 7803 50 Ave., across the street from the Rona, by August. The organization is hoping to take possession of the space in June and begin renovations to make it comfortable and functional with plenty of room to grow. The new location, which
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Deutsche Bank Examines Potential Successors to CEO John Cryan

Deutsche Bank AG's DB -2.13% chairman has reached out externally to potential candidates to be the bank's next chief executive, gauging interest in replacing John Cryan after months of clashes, according to people briefed on the discussions. The outreach by Chairman Paul Achleitner was described
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Mortgage Rates Quickly Down to 2 Week Lows

As of yesterday, it looked like mortgage rates would be more interested in staying in a narrow, sideways range for the holiday-shortened Spring Break/Good Friday trading week. Today, financial markets gave us a reminder about how much reality can differ from apparently probable outcomes.
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Money-laundering charges threaten EU banking union

The Latvian bank was shuttered by European authorities in February, but it wasn't an isolated event. On Monday, Estonia's Versobank became the third euro-zone bank to have its banking license withdrawn for alleged criminal activities since the start of the year. The lender is also accused of money
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Jason Walters promoted to Commercial Regional Lending Manager at Lincoln Savings Bank

Jason Walters was promoted to Commercial Regional Lending Manager at Lincoln Savings Bank. Walters, who started his career as a teller when he was 17, decided to attend the University of Northern Iowa in pursuit of a finance degree in order to advance his banking career aspirations. Twenty-two
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Microsoft and BankSight Collaborate with Judo Capital to Deliver Innovative Small Business …

Judo's mission is to put experienced and empowered relationship-focused lenders back in customers' premises, going against the industry trend; putting the customer experience first and foremost by ensuring Judo's team can make credit decisions on the quality of the business, not just the quality of the
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'Agile working' cuts demand for space

Co-working space like that offered by Generator in Britomart, Auckland, reflects a trend towards agile working. … Moricz also said that overall investors retain a strong investment appetite for real estate in 2018, with 92 per cent of respondents saying their investment activity will be the same or greater
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MetLife unit struck US$16b in real estate deals last year

METLIFE Inc's asset manager said the stable market for real estate financing helped it complete US$16 billion in global property transactions last year. That tally for MetLife Investment Management includes US$14 billion in commercial-mortgage originations, bringing the total of such loans managed to
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Startup aims to disrupt Sweden's banks

It's a licensed online mortgage provider that offers lower interest rates than the banks overseen by Sweden's regulator. One of Enkla's co-founders, Marcus Widegren, says investors buying the bonds that will finance the venture can see everything they need to know about the borrower. That includes if a
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Angelina Jolie NOT Dating Real Estate Agent, Despite Reports

Angelina Jolie is not dating a real estate agent, despite a false report that's been widely picked up by the copy-and-paste gossip media. Gossip Cop can help set the record straight. The actress, who remains estranged from husband Brad Pitt, is single. But ETOnline is citing a so-called “source,” who
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Wells Fargo talks to clients about what it's doing about guns

Wells Fargo CEO Timothy Sloan said Tuesday that the bank is in talks with gunmakers who are its clients, the latest financial institution to disclose steps it's taking after last month's deadly attack on a Florida high school. Wells Fargo, the No. 3 U.S bank by assets, was the gun industry's top financier,
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Title Resource Group Partnering with Pavaso to Improve the Mortgage Closing Process

Title Resource Group's (TRG) lender services division is now using Pavaso's digital closing platform to improve business processes, communication and efficiency, as well as to improve the consumer experience. TRG is a full-service title, settlement and vendor management company that operates in 48
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Belton High's Magic Belles win national title

Other Belles' titles from ADTS Nationals include: the WOW Factor Award-Team Modern; All American Kick Company-Bella Rose Mortel and Gracie Fothergill; first place, Large Ensemble Hip Hop Company; national champion, Team Jazz; fourth runner-up, International Jazz; national champion, Team
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HBJ reveals 2018 Residential Real Estate Awards top agents, teams

The Houston Business Journal unveiled the rankings of the city's top Realtors and teams at the annual Residential Real Estate Awards, held at the Hilton Americas — Houston, on March 27. The awards honor the dozens of individual agents and teams who appear on five HBJ Lists. Click through the
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Should you help your kid invest in real estate?

With the mortgage bubble now a decade in the rear-view mirror and lending standards tightened, real estate has returned to its historic place as a solid choice for wealth-building. However, the younger generation is encountering two major obstacles in the quest to become homeowners: too much debt
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Manafort Asks Federal Judge in Virginia to Dismiss Tax, Bank Fraud Case

By raising similar arguments about Mueller's authority in two federal courts, Manafort's lawyers may be banking on appealing rulings against him to separate higher courts that may view the issues differently. If that happens, the U.S. Supreme Court could elect to take up the question of Mueller's authority.
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Sebonic Financial Mortgage Review 2018

Sebonic Financial — a division of Cardinal Financial — is a consumer-direct lending company that aims to provide a fast, competitively priced mortgage experience. Though Cardinal has been around since 1987, the Sebonic brand launched in 2013 after new ownership took over the business.
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UBS Says Welcome to the Machines in Credit Trading

UBS Group AG is ready to jump on the electronic-trading bandwagon to help boost its U.S. corporate-debt trading business. The Swiss bank is testing a computer program that will price and trade some inquiries received by its bond desk — which are typically for smaller, so-called odd lots for high-grade
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