Mortgage lenders struggle as demand for mainstream loans falters

Mortgage lenders struggle as demand for mainstream loans falters

The net share of government and agency mortgage lenders who found spring homebuyer demand to be strong enough to drive purchase loan growth
See Original Article

SBI sees mobile banking transactions at 3360 lakh in FY19

MUMBAI: Country's largest lender State Bank of India (SBI) expects the mobile banking transactions to grow to 3,360 lakh, amounting to Rs 7,56,000
See Original Article

London First CEO On Brexit and Business

Jasmine Whitbread sits down with Fortune's Claire Zillman to talk about how businesses and citizens of the United Kingdom are reacting to Brexit.
See Original Article

OpenClose hires Joseph Wade to its development team

OpenClose, a multichannel loan origination system and mortgage fintech provider, hired Joseph Wade to its development team as a senior software
See Original Article

Partners Announces $5.2 Million Mortgage at Quebec Property

The mortgage closed today and is for $5.2 million, has a five-year term, a 25 year amortization period and an interest rate of 4.13%. Partners will
See Original Article

The Future of Real Estate: How Blockchain Can Fuel Fractional Ownership

Though these real estate Bitcoin purchases are becoming more common, is a new form of payment enough to officially declare the real estate industry
See Original Article

Rep. Heffley accused of sneaking payday lending bill through committee

State Rep. Doyle Heffley says House Bill 2429 is not a payday lending bill – if it were, it would be at least the sixth time in as many years that usury
See Original Article

Play Fortnite For Free on Your Nintendo Switch Right Now

The most popular game in the video game industry is now playable on Nintendo's red-hot console. Nintendo, in its pre-E3 press conference,
See Original Article

Tesla to Cut 9% of Workers Across Company

… and help the electric automaker become profitable, according to an email CEO Elon Musk sent to employees Tuesday and obtained by Fortune.
See Original Article

Unlike Trump, US NATO Ambassador Doesn't Think Russia Should Rejoin the G7

But speaking at Fortune's MPW International Summit in London on Tuesday, Hutchinson said, “I don't think we ought to go back to business as usual
See Original Article

Santander Consumer Lending Practices Draw Fire From AFL-CIO

“In addition to harming consumers, the racially disparate impact of indirect vehicle lending creates risks to the company's reputation and exposes the
See Original Article

China Gets Everything It Wanted From Trump's Meeting With Kim

“We will be stopping the war games, which will save us a tremendous amount of money,” Trump said during a post-summit news conference. He even
See Original Article

Crest Nicholson Drops Target as Homebuilder Exits Central London

London's housing market is in flux, with prices falling even as the government's interest-free loan program boosts demand for homes below 600,000
See Original Article

May home sales slip in metro Milwaukee amid short supply of houses on the market

A week ago, the average interest rate on a 30-year fixed-rate mortgage was 4.45 percent with 0.5 points, according to mortgage buyer Freddie Mac.
See Original Article

Alexandria Real Estate Equities, Inc. Announces Public Offering of Senior Notes

PASADENA, Calif., June 12, 2018 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today that it is commencing an
See Original Article

Deutsche Bank CEO Says Europe Must Create Conditions for Banking Consolidation

FRANKFURT (Reuters) – Europe needs to create the conditions for banking consolidation before the continent can form true European banking
See Original Article

Feds arrest 74 people, alleging real estate and wire fraud

Federal law enforcement authorities have arrested 74 people in this country and abroad, accusing them of participating in a wire fraud scam whose
See Original Article

Vancouver, BC, tries again to thwart foreign real-estate speculators

The effectiveness of the so-called 'speculation tax' on some British Columbia real estate is unclear, and so is its impact on U.S. locations — including
See Original Article

Park Your Money in Nigeria, a Haven Amid Emerging-Market Mayhem

Investors looking for a haven amid the rout in emerging markets over the past two months would have found one in Nigeria's domestic debt.
See Original Article

Fannie, Freddie should hold $200 billion in capital, regulator says

Fannie Mae and Freddie Mac could be required to maintain nearly $200 billion in capital if they are ever released from the government's hands, the
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.