Marketplace Lenders Should Remember Experience Can Be Replicated, Experts Say

Marketplace Lenders Should Remember Experience Can Be Replicated, Experts Say

EXCLUSIVE—Marketplace lending survived 2017 with many of its advantages over traditional balance sheet lenders intact, including its embrace and use of new digital technologies for lending and underwriting. With marketplace lenders enabling a borrower to apply for a loan via a mobile device from
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Looking back at 2017 and what's around the corner in 2018

Mortgage brokers have much cause for celebration when looking back on the past 12 months. The final quarter offered a boost to the remortgage market with the first hike in the Bank of England base rate for a decade. We also continued to see further digitalisation of the mortgage process across the
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Pollution-choked India buying dirty US oil byproduct

The U.S. is the world's largest producer and exporter of petcoke, federal and international data show. “We should not become the dust bin of the rest of the world,” said Sunita Narain, a member of the pollution authority who also heads the Delhi-based Center for Science and the Environment.
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NW Bend affordable housing project breaks ground

Rob Roy, co-operating partner with Pacific Crest Affordable Housing, said Thursday the funding for the project comes from many different sources, including federal, state and city governments and non-profit organizations. According to the city of Bend, the housing market is lacking an affordable option
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Why Using Reliable and Timely Big Data Will Transform the Real Estate Industry

Fortunately, tools exist that help both residential and commercial real estate players analyze critical trends. Many of these tools draw from public and private sources that aggregate and anonymize information, creating “big data” sets to help identify market trends in home-building or growth in commercial
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Ask George and Chuck: Does seller financing mean no seller disclosure?

Q: I am a real estate broker with a question regarding sellers disclosures. Is an investor/seller offering seller financing exempt from providing a sellers disclosure? A title company advised us that since the investor/seller is the mortgagee holding the lien, he is exempt because he is a lien holder.
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Morgan Lewis adds veteran lawyer to structured finance practice

Keith L. Krasney joined Morgan Lewis this week as a partner in the firm's structured transactions practice, resident in the New York office. Krasney advises clients on all aspects of secondary market transactions involving mortgage loans, including residential- and commercial mortgage-backed securities,
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KeyBank Secures $56.3M in Refinancing for Multifamily Community in Greenbelt, Maryland

KeyBank Real Estate Capital has secured a $56.3 million Freddie Mac loan to refinance Verde at Greenbelt Station, a 302-unit multifamily community in Greenbelt, a city halfway between Baltimore and Washington, D.C. Dirk Falardeau and Todd Goulet of KeyBank arranged the 10-year, fixed-rate loan
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Brokers expect Russian real estate investment pick up in 2018

MOSCOW, Dec 1 (Reuters) – Investment in Russian commercial real estate is likely to pick up next year as a result of economic recovery, a stronger rouble and lower financing costs, two property consultants said. CBRE and JLL said on Friday they expected investments in malls, offices, warehouses and
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4 Fortune Rd E #E Middletown, NY 10941

4 Fortune Rd E #E, Middletown, NY is a 775 sq ft, 1 bed, 1 bath home listed on Trulia for $61750 in Middletown, New York.
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Michael Flynn Has Pleaded Guilty to Lying to the FBI

WASHINGTON (AP) — Former national security adviser Michael Flynn pleaded guilty Friday to making false statements to the FBI, the first Trump White House official to make a guilty plea so far in a wide-ranging investigation led by special counsel Robert Mueller. Court documents show Flynn, an early
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Toshiba Near Resolution to Dispute With Western Digital

Toshiba Corp. and Western Digital Corp. are close to settling their legal dispute under an agreement that the U.S. company will drop efforts to block Toshiba's $18 billion sale of its flash-memory business in exchange for the extension of their joint venture agreements, according to people familiar with the
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Inside the numbers on Portland's surging small business lending market (Infographic)

Among the most important providers of capital for local small businesses are the U.S. Small Business Administration's Portland District Office, which partners with lenders from across the nation to back local business loans, and Oregon-chartered banks that have a vested interest in providing credit and
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Too Few Highway Chargers Are Last `Hurdle' for Electric Cars

“It hasn't been in their interest to move very fast on electric cars,” he said. The number of public charging points worldwide jumped by 61 percent last year to 363,000, with China leading the pack, according to a report by Bloomberg New Energy Finance. In Europe, Germany saw the most growth with 33
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Stevens Capital Management LP Acquires New Stake in Restaurant Brands International Inc. (QSR)

PNC Financial Services Group Inc. increased its holdings in Restaurant Brands International by 10.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,228 shares of the restaurant operator's stock valued at $179,000 after buying an additional 306 shares during the last quarter.
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UPDATE 1-RBS axes further 259 British branches as expands e-banking

Jane Howard, RBS's managing director of branch banking, told Reuters by telephone that customers are increasingly using mobile and online channels rather than bricks-and-mortar branches, and RBS had to react to that. “There will be some customers that will be really disappointed we are closing
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Fortune 100 companies

AT&T is the world's largest telecommunications company. 5 billion AT&T Fortune 500 rank: 11. is an American multinational telecommunications conglomerate, headquartered at Whitacre Tower in downtown Dallas, Texas. GDP. Camden Property Trust again named WE DID IT AGAIN!
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Sydney leads the way in housing slowdown

Sydney home values fell 0.7 per cent during November and the city was the second-weakest market this quarter with a 1.3 per cent drop, according to the CoreLogic November home value index. The pace of price falls has been accelerating in Sydney since August, in contrast to the Melbourne market
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Need a Night Out? This German City Was Just Named the World's Best for Nightlife

The German city, which typically isn't atop the list of travelers, has been named the best night out in the world in a survey of 4,100 people by hostel-booking platform Hostelworld. Hamburg got the nod for its welcoming atmosphere, excellent public transportation, the closeness of major attractions and the
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Citi hires new global head of securities services

Citi has appointed Brian Ovaert as managing director and global head of securities services and issuer services operations. In his new role, Ovaert will be responsible for overall strategic direction of the securities services operations function, as well as the day-to-day activities of the business. Based in
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