Mortgage help scheme ends in April

Mortgage help scheme ends in April

About 100,000 homeowners will lose help with their mortgage interest payments in April as the government axes the benefit to support them. The support for mortgage interest (SMI) benefit paid to those on a low income and in receipt of certain benefits is being replaced with a repayable loan, but a
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HELOC with Rick Liljedahl

How much can Rick Liljedahl save you? Rick Liljedahl headshot Rick Liljedahl has over 35 years in real estate lending, with experience spanning both Residential and Commercial Lending on a local and nationwide basis. He returns to Simsbury Bank to be in our new West Hartford branch at 1232
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Stormy Daniels Faces $20 Million in Damages in Trump Lawsuit

Stormy Daniels may face more than $20 million in damages for violating a “hush agreement” that requires her to remain silent about an affair she alleges she had with President Donald Trump in 2006 and 2007. The potential damages against Daniels, an actress in adult films whose real name is
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FAA Grounds Helicopter Flights Like One That Crashed in New York

Federal aviation regulators are grounding “doors-off” helicopter tour flights in which passengers are tethered to the aircraft as a result of the March 11 crash in New York that killed five people. The Federal Aviation Administration is taking immediate actions to “control or mitigate” the risks that passengers
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Thank FERC It's Friday? Not for MLPs

A worker walks through the pipe yard for TransCanada's Houston Lateral Project in Mont Belvieu, Texas, about 30 miles east of Houston on Wednesday, March 5, 2014. Photographer: Scott Dalton/Bloomberg via Getty Images. SPECTRA ENERGY PARTNERS LP. +1.59. As of 12:23 PM EDT. 37.08 USD.
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Real Estate & Homebuyers Enter the Age of Cryptocurrency

We reached out for comments to Thomas Bayles, Senior VP of Mortgage Lending for Thomas and Micah Mortgage Solution. Bayles has first-hand experience in facilitating the purchase of a home using Bitcoin. Founded in 2012 and based in Los Angeles, CA, Thomas and Micah specializes in
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Investors are Unsure How to React (Brief Analysis): American International Group Inc (NYSE: AIG)

U.S. stocks rose modestly on Friday, with the S&P 500 on track to break a four-day losing streak, as a round of positive economic data gave investors an excuse to shake off prospects of more departures from the Trump administration, although political issues remains at the foreground. Major indexes are
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Rising Treasury Yields Are a Good Problem to Have

Savers. Anyone looking for income from certificates of deposit, money market funds or savings accounts over the past few years has been disappointed in their minuscule yields. The Federal Reserve has raised short-term interest rates and the markets have followed suit, which have helped this situation.
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Ares Commercial Real Estate (NYSE:ACRE) Receives Coverage Optimism Rating of 0.24

50-SMA Movement: The 50-day moving average is a common technical indicator which investors use to evaluate price trends of Apollo Commercial Real Estate Finance, Inc. The firm earned “Buy” rating on Thursday, October 22 by Bank of America. (NYSE:ARI). Ls Advsrs Lc holds 3,275 shares or 0% of
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Should you use a reverse mortgage to defer Social Security to age 70?

If you thought the decision about deferring Social Security was complex, just wait until you tackle whether or not to use a reverse mortgage to enable such a deferral. I was drawn to the question innocently enough: A Retirement Weekly reader asked me to analyze the pros and cons of doing so. But, after
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The Most Polarizing Restaurant in Washington Is About to Open

The most famous address in Washington is 1600 Pennsylvania Ave. But starting in late April the Trump International Hotel just down the street will be the most polarizing—at least for foodies. The hotel was supposed to open with a Spanish-Japanese-themed restaurant from chef José Andrés, but after
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House Pushes New Agenda on Dodd-Frank, CFPB Overhauls

Dennis Ross (R-FL), Kyrsten Sinema (D-AZ), Ann Wagner (R-MO) and David Scott (D-GA), and it also gives the president the authority to could remove any commission member for “inefficiency, neglect of duty, or malfeasance.” Several trade groups including the Consumer Bankers Association, National
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A bitcoin trading firm just opened up a lending business – and it's going gangbusters

The company spun-off from SecondMarket's cryptocurrency trading desk in 2015. The new lending business has attracted more than 60 clients, including market making firms and cryptocurrency hedge funds, the person said. It gives out loans worth $100,000 or more in cryptocurrencies including bitcoin,
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Zuma Faces Trial as South African Prosecutors Pursue Graft Case

“I am of the view that there are reasonable prospects of a successful prosecution of Mr. Zuma,” he said. NPA officials in the eastern KwaZulu-Natal province will now make the necessary arrangements for Zuma to appear in court to face 12 charges of fraud, one of racketeering, two of corruption and one
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Spotify Will Skip a Lot of IPO Essentials

There is a lot of money in private markets, and big tech companies are staying private longer, and the result is that the pressure on companies to go public is increasingly likely to come from private …. But Bloomberg Intelligence analyst Eric Balchunas makes a great point: Active managers aren't stuck.
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Trends That Are Radically Disrupting Housing

“If you look at other industries in real estate, [such as] office, hospitality, retail—and you're starting to see restaurants—they've all been disrupted,” says National Multifamily Housing Council (NMHC) vice president of industry technology initiatives Rick Haughey, in the report. “Why should we think we're
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Personal Banking Representative, BMC Yawkey, Boston, MA

As a member of Santander's retail banking division you'll help serve Santander's retail and small business customers as part of one of the top banks in the United States based on deposits. With principal presence in the northeast U.S., Santander's retail division offers consumer and lending products to
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Ackman, Einhorn Among Leaders in Charity Basketball Brackets

The billionaire hedge fund investors have standout brackets among the 42 titans of business and finance participating in Bloomberg's Brackets for a Cause. Ackman's choice to win this year's NCAA Basketball Tournament, the Villanova Wildcats, cruised to the second round, while Einhorn nailed 14 of
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A Framework for Currency Unions and IMF Lending

Countries benefit in various ways from belonging to a currency union—a group of countries that share a single currency. Businesses can trade and invest across borders more easily. Member countries gain access to larger markets without facing currency risk. And in some circumstances, currency
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Rounds touts bill relieving banking regulatory demands

HURON – A bipartisan banking bill that rolls back one-size-fits-all regulatory burdens on community banks and credit unions will enable them to provide the … “It will strengthen our financial system and allow smaller and midsized banks to focus on serving their communities, not complying with layers of
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