Mortgage application activity rises again as refinancings jump

Mortgage application activity rises again as refinancings jump

Mortgage application volume increased 5%, led by refinancings, as interest rates continued to fall on fears that the coronavirus was spreading in
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Nonprofit lender new to Illinois wants to make inroads with immigrants, low-income borrowers

Studies show those groups tend borrow from payday and title lenders, which offer instant cash in exchange for a few documents and a signature.
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A Hint of Good News Is All It Takes for a Market Primed to Rally

(Bloomberg) — For a while on Wednesday, it looked like investors were … including Hong Kong residents and visitors entering via its international
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Raleigh fintech startup Constellation Digital inks deal to bring banking as a service to credit unions

RALEIGH — Constellation Digital Partners has teamed up with Payrailz, a digital payments company, to bring banking as a service to credit unions.
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NMHC Survey Indicates Mixed Multifamily Conditions

For multifamily investors, the financing picture seems strong with the Equity … The responses indicated that conditions for multifamily mortgage
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The coronavirus outbreak is making it harder for some Chinese investors to buy US real estate

For New York-based real-estate agent Xiang Jill Ji, the coronavirus outbreak that began in China has already had an effect on her business.
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Monmouth Real Estate Investment (NYSE:MNR) Shareholders Booked A 25% Gain In The Last …

But Monmouth Real Estate Investment Corporation (NYSE:MNR) has fallen short of that second goal, with a share price rise of 25% over five years,
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Why 10 affordable homes in Franklinton represent a new model for the city-county land trust

“This is a way we can blend in affordable housing to a Franklinton (housing market) that's frankly much different from when we first began this
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China Sacrifices a Province to Save the World from Coronavirus

Musician Zhang Yaru's grandmother died on Monday after slipping into a coma. She was repeatedly turned away from hospital. John Chen, a college
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Luxury Home Buyers Are Revamping Amsterdam's Historic Housing Stock

Several years of strong growth in residential real-estate prices, with a high demand for luxury homes, is helping to transform Amsterdam from quaint to
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Africa in Focus: S. African Court Orders Former President Zuma's Arrest

A South African court ordered the arrest of former President Jacob Zuma after he failed to show up for his corruption trial. Separately, Ghana is selling
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Commercial Professional

Halstead | Properties For Sale in New York | Commercial Professional | Page 1.
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How disasters — manmade or natural — affect the real estate market

But what effect does a natural or manmade disaster have on a local housing market? As the scope and source of the explosions became apparent
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Banking Syndicate Ponies up $13B in New Loan Commitments to Boeing, Report

A syndicate of 18 banks has arranged $13 billion in new financing for Boeing, as it grapples with the fallout from the failure of its 737 Max program.
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JPMorgan Mulls Return to FHA-Backed Loans After Era of Fines

(Bloomberg) — JPMorgan Chase & Co. may jump back into a U.S. mortgage program that helps low-income Americans buy homes, mulling a return
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Bitcoin is too slow. Is Lightning Labs poised to fix that?

Elizabeth Stark stands out in the digital currency world. The 30-something entrepreneur is at ease among crypto's tribal subcultures, but equally so at
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Economics in central banking: Matteo Maggiori, Brent Neiman and Jesse Schreger

More than a decade on from the 2008 financial crisis, most central bankers view the global banking system as far more resilient than it was. Work on
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Getting Into Harvard May Mean Cheaper Loans Than Going to Howard

(Bloomberg) — Borrowers expect their income or credit history to send their loan costs up or down. Few, however, expect lenders to judge them based
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VIP Mortgage Announces Natalie Fischer as the new Vice President of National Builder Sales

VIP Mortgage announced that builder industry veteran, Natalie Fischer, has been named the new Vice President of National Builder Sales for their
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International Paper Company [IP] – Mismatched value and price: Is it Worth Buying?

International Paper Company [NYSE: IP] gained by 1.24% on the last trading session, reaching $41.76 price per share at the time. International Paper
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