Mortgage Applications Up Slightly

Mortgage Applications Up Slightly

There was a mild uptick in mortgage applications activity, according to new data from the Mortgage Bankers Association (MBA) covering the week ending … The Refinance Index increased one percent from the previous week, but the refinance share of mortgage activity decreased to 46.4 percent of total
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ICBC Plans to Provide RMB500 billion to Boost Nanj…

During the ceremony, ICBC Nanjing signed the Strategic Cooperation Agreement on House Leasing with more than 20 members of Nanjing House Leasing Alliance and district-level pilot enterprises. It plans to provide a comprehensive investment and financing quota of RMB500 billion for market
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New American Appoints Christine Eskina as SoCal Sales Manager

Eskina, who is joined at New American Funding by her valuable team, brings 25 years of mortgage experience to the company that ranges from processing to underwriting; most recently, she was a Branch Manager and Senior Loan Officer with an independent lender, where she was a top ranked
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Hsieh Hires Heller for 'mello' Unit

LD Holdings Group LLC, parent company of loanDepot, the nation's fifth largest retail mortgage lender, today named real estate executive Chris Heller to head its recently launched 'mello Home' business. Heller, from 2010 to 2017, served as president of Keller Williams Worldwide division and then as
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Nasdaq CEO Adena Friedman Talks Confidence, Leadership, and Taekwondo

When she got the top job a year ago, she became the first woman to head a major global stock exchange. Nasdaq, based in New York, is the second-largest exchange in the world by market capitalization, behind only the New York Stock Exchange. Speaking to Fortune, she says, “I started very early in
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Graniteville man to make Wheel of Fortune appearance this week

A Graniteville man will be appearing – and playing – on Wheel of Fortune later this week. On Feb. 9, Brian Viner, a research meteorologist, will make his Wheel of Fortune debut, according to a release from the gameshow. … Only 600 people were selected, according to the Wheel of Fortune website.
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FHFA Establishes Housing Goals for Next Two Years

The Federal Housing Finance Agency (FHFA) has published a final rule establishing Fannie Mae and Freddie Mac's new single-family and multifamily housing goals for 2018 through 2020. The single-family housing goals remain unchanged, with the FHFA mandating Fannie Mae and Freddie Mac to a
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Commercial Real Estate Pricing Drops Nationally For Ninth Month Straight In January

Commercial real estate pricing entered 2018 on a low note. Nationwide prices fell 0.3% last month, representing the ninth consecutive month of declines. “We edged off historic highs. The declines over the last three quarters have been mild and more of a stagnation than a decline,” Ten-X Senior
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Consumer lending unit draws PE interest

Fiserv has agreed to sell a majority stake in a mortgage and consumer loan origination and servicing business to the private-equity firm Warburg Pincus. Fiserv, in Brookfield, Wis., will sell a 55% stake in its Lending Solutions business group for $395 million after tax. Fiserv will retain a 45% stake, and the
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Stress Test for Borrowers the Latest Hurdle for Mortgages, Canada's Housing Market

The residential mortgage market in Canada faces a rocky 2018 as it deals with a new stress test for borrower eligibility amid a backdrop of rising interest rates. The fallout from the new rule has implications for housing markets across the country, homebuyers, and lenders who scrap for market share.
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Qatar's real estate sector shows rise in transactional volume in Oct, Nov: DTZ Qatar

The precise effect that the much-awaited Metro will have on the property market is unquantifiable as yet. The research DTZ has undertaken elsewhere when a new mass transit system comes into operation suggests that cities with a similar climate as Qatar see a 10-15% increase in property values
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Midas Management Corp Acquires New Position in Schweitzer-Mauduit International, Inc. (NYSE …

BlackRock Inc. now owns 3,743,346 shares of the company's stock worth $139,365,000 after buying an additional 11,898 shares during the period. Vanguard Group Inc. raised its stake in Schweitzer-Mauduit International by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 2,928,148 shares
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Flux brings its digital loyalty stamps to UK challenger bank Starling

Flux, the London fintech startup founded by former early employees at Revolut, has deepened its partnership with U.K. challenger bank Starling to add Flux-powered loyalty points to Starling's mobile banking app. It builds on earlier Flux integration that sees Starling support item-level digital receipts
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Two More Major Banks Pledge To Make Equal Pay A Reality On Wall Street

Two major banks — Wells Fargo and Bank of New York Mellon — have joined Citibank and Bank of America in pledging to close the gender wage gap in their corporations. These four financial institutions join more than a dozen tech and consumer goods corporations that are voluntarily choosing to
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Toronto, Vancouver housing supply response weak as prices rise: CMHC

“What seems to be happening is there's a supply response in terms of condominiums, but the prices for single detached homes are going up,” said Aled ab Iorwerth, CMHC's deputy chief economist. “So there is a weaker supply response there in the overall housing market.” A separate report from CMHC
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A Map to the Underworld: $2 Trillion of Volatility Trades Here

For a fledgling asset class whose idiosyncrasies are understood by few, there sure is a lot of money swirling around in volatility trades. Investment strategies and products married to market swings were thrust front and center by the worst market meltdown in seven years, in which the Cboe Volatility Index
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Good Is Bad, Bad Is Good and Trump Is Miffed at Stock Traders

The word is officially out: Good is bad in the stock market once again (and, by extension, bad is good). When President Donald Trump finally weighed in Wednesday on the roller-coaster ride in equity markets, he went all the way back to the initial trigger from last week, lamenting how a strong U.S. jobs
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Data-driven women to watch

By By Beth Blauer, Executive Director and Founder of GovEx at Johns Hopkins University, and Simone Brody, Executive Director of What Works Cities – FEB. 07, 2018. One of the biggest misconceptions about the field of data science is that it's all about the numbers. But, as anybody in our business will
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Pelosi Won't Support Budget Deal Without Promise on Immigration

House Democratic leader Nancy Pelosi said she won't support a budget deal to raise spending for defense and domestic programs without a commitment from House Speaker Paul Ryan to consider immigration legislation, raising a hurdle to negotiations just two days before another possible
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CACI International Inc (CACI) Shares Bought by James Investment Research Inc.

The firm owned 12,900 shares of the information technology services provider's stock after buying an additional 11,800 shares during the period. … Zacks Investment Research upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in
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