MultiFamily Housing Leader WinnResidential Converts Software Platform to RealPage

MultiFamily Housing Leader WinnResidential Converts Software Platform to RealPage

RICHARDSON, Texas–(BUSINESS WIRE)–RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, announces that WinnResidential, the nation's 5th largest multifamily manager, has elected to replace multiple software providers with the
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Fannie and Freddie Return

Fannie Mae and Freddie Mac both have a role to play to bring consistent liquidity to the market for LIHTCs. “It fits perfectly into Fannie Mae's mission to increase the availability of affordable rental housing—that is what this program does,” says Dana Brown, vice president of LIHTC investments for Fannie
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Elkhart's Salvation Army lending a hand to first responders and displaced homeowners

It's been using its mobile canteen units to provide snacks and food for first responders. On top of that, they've also been helping homeowners displaced by flooding. This scene has been repeated many times over the last four days. A fire department assessment team going through flooded
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Wisconsin banks increased lending, earnings in 2017, FDIC report shows

Wisconsin banks boosted lending and posted higher earnings amid an improving economy in 2017, a report released Tuesday shows. Altogether, the 210 state-based banks insured by the Federal Deposit Insurance Corp. generated net income of more than $1.13 billion last year, up about 4.8% from
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Any Takers For This REIT Known As ACRE?

Similar to these commercial mortgage REITs, ACRE is a specialty finance company that is primarily focused on directly originating, managing and servicing a diversified portfolio of commercial real estate debt-related investments for its own account. ACRE is smaller than many of the peers, as illustrated
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CA Ventures Plans $500 Million Investment in European Housing

CHICAGO–(BUSINESS WIRE)–Chicago-based CA Ventures today announced plans to invest $500 million over the next five years in the European housing market, specifically across the purpose-built student housing and multifamily apartment sectors. A vertically integrated owner, developer and
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Encore Wire (WIRE) Upgraded to Strong-Buy by Zacks Investment Research

According to Zacks, “Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical
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Ramaphosa Walks Tightrope in South African Cabinet Overhaul

South African President Cyril Ramaphosa treaded a fine line between his ruling party's rival factions when he named steady hands to key cabinet posts and purged some of his predecessor Jacob Zuma's most ineffectual appointees. While keeping a handful of Zuma loyalists in largely minor positions,
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All the Ways Regulators Plan to Tame Bitcoin

It took one of the wildest investment manias in history to jolt them into action, but governments around the world are finally starting to regulate cryptocurrencies. Their approaches have run the gamut, from a massive crackdown in China to an exchange-licensing regime in Japan and a largely hands-off
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Interest-only loans set to cost many borrowers their homes

Lenders have been writing to customers before their mortgage matures, but the FCA says customer engagement rates have been low. Also, the FCA says borrowers should remember it's their responsibility to pay off the loan, and the earlier they speak to their lender or mortgage adviser, the more time
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Franco's grandchildren face battle to inherit dictator's 'war plunder'

The seven grandchildren of General Francisco Franco, Spain's former fascist dictator, are regular grist for the gossip mill — their divorces, marriages and fancy dress balls featuring prominently in Madrid's glossy magazines. Now a battle about the family fortune has thrust them further into the spotlight as
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Pennymac Financial Services, Inc Has Bullish Trade, Matthew Lindenbaum's Basswood Capital …

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.26, from 1.32 in 2017Q2. It is negative, as 13 investors sold PennyMac Financial Services, Inc. shares while 22 reduced holdings. 12 funds opened positions while 25 raised stakes. 21.18 million shares or 4.21% more from 20.32 million
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Will stock plunge hurt US economy? Depends how long it lasts

Since the recession, consumer spending has grown about one penny for each dollar of additional stock market and housing wealth — down from 3.5 cents before the downturn — said Michael Feroli, an economist at JPMorgan Chase. As a result, spending might not fall as much this time. Even if the
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Property Loan Pipeline Surges to $13.2B and More Hong Kong Real Estate Headlines

Leading today's Hong Kong roundup, the city's pipeline of real estate funding has surged to $13.2 billion, the highest since the second quarter of 2015, as developers bag big bank loans. Also in the headlines, construction of small flats hit an 18-year high last year, and a Hong Kong investor has joined in
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Will the current stock plunge hurt US economy?

A key reason is that Americans have been a bit more frugal for the past decade, with many regarding their housing or stock market wealth as more ephemeral than they did in the past. Since the recession, consumer spending has grown about one penny for each dollar of additional stock market and
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Are Analysts Bullish Independent Bank Corporation (NASDAQ:IBCP) After Last Week?

Denver Investment Advisors Limited Liability Company reported 7,293 shares. … Tiaa Cref Invest Ltd Liability Company accumulated 54,896 shares. … It also provides title insurance, and investment and insurance services; and acquires and services payment plans used by clients to purchase vehicle
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Severn Bancorp Inc: Hyatt Alan J Bought Stake

… “Severn Bancorp, Inc. Announces Purchase of Title Company” on July 10, 2017. More interesting news about Severn Bancorp, Inc. (NASDAQ:SVBI) was released by: Prnewswire.com and their article: “Severn Bancorp, Inc. Purchases Mid-Maryland Title Company” with publication date: September 06,
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McColl vows to think local with new investment bank

McColl told The Sunday Times that his investment bank, which he hopes to launch in the next 15 to 18 months, would operate in Scotland and the English regions outside London and the southeast, competing directly with high street lenders to provide investment and loans to small businesses. McColl
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Tarpley Music Band Member Spotlight: Michael Valasquez

He's also mastering origami and is building a “fortune-telling” collection by making a variety of “fortune-tellers.” When asked about future career plans and the possibility of a musical career, Michael responded by saying, “I see myself having a few other options other than my musical career.” He said that
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Israel, Iran Lurch Toward Confrontation as Border Region Boils

The remains of an Israeli F-16 that crashed in northern Israel on Feb. 10. Photographer: Jack Guez/AFP via Getty Images. Israel and Iran moved closer to confrontation in Syria as rising tensions erupted into the most serious standoff between the sides since the Syrian civil war began seven years ago.
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