NMI Stake Inc (NMIH) Lowered to Hold by Zacks Investment Research

NMI Stake Inc (NMIH) Lowered to Hold by Zacks Investment Research

The Company's insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is an MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises(GSEs)). Get a free copy of the Zacks research report on NMI Holdings (NMIH). For more
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Sasfin Launches New Digital Banking Framework for SMEs

Sasfin, the financial services group, has launched a digital banking framework, which is targeted at small and medium enterprises (SMEs). Through B\YOND, as the platform is called, the company intends to address the banking requirements of its list of SME clients, as well as reach out to firms so far
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Live Updates: Mark Zuckerberg Testifies Before Congress About Cambridge Analytica and …

Facebook CEO and founder Mark Zuckerberg fielded questions from Congress Tuesday, April 10, after the recent Cambridge Analytica data leak raised questions on the social media network's privacy and how users' data is handled. Zuckerberg's testimony was described as “the most intense public
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Investors Title Company (ITIC) Forms Multiple Top Trading at $195.52

Big Money Sentiment increased to 1.36 in Q4 2017. It has change of 0.32, from 2017Q3's 1.04. The ratio improved due to Investors Title Company positioning: 2 sold and 20 reduced. 8 funds amassed holdings and 22 increased holdings. Investors holded 786,425 in 2017Q3 but now own 790,051 shares
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Kyllachy Colt Tops Goffs UK Breeze-Up Sale

A broad-based international buying bench featuring a number of new faces descended on Goffs UK for the Doncaster breeze-up sale April 10, resulting in 13 lots selling in excess of £100,000. The sale saw buyers in attendance from around the world including America, Asia, the Middle East, and
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Does Current Valuations Warrant A Buy or Sell? – Fidelity National Financial, Inc. (FNF), 3D …

Here's what's interesting to note about Fidelity National Financial, Inc. (NYSE:FNF) right now: Its price-to-sales ratio of 1.38, is expensive relative to the Surety & Title Insurance universe at large. The broad Surety & Title Insurance industry has an average P/S ratio of 0.72, which is significantly better than
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Rising Home Prices Push Borrowers Deeper Into Debt

Last summer, Fannie Mae moved to back more loans made to borrowers with debt-to-income ratios of up to 50%, up from a typical limit of 45%. Freddie Mac also started backing more of those loans, according to industry researchers. Fannie's new policy has resulted in 100,000 new mortgages that
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Altisource's Premium Title expands to four new states

The company announced Tuesday that it secured escrow licensing in Idaho, New Mexico, Oregon, and Washington, which allows the company to begin offering services in those states. According to the company, Premium Title can now provide clients with direct title/settlement services in 45 states,
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Delinquencies Down Overall, Texas and Florida Still Coping

The national rate for loans that were 30 or more days past due declined from 5.1 percent of active loans in January 2017 to 4.9 percent 12 months later, but that improvement would have been greater absent the push higher from two states. Besides being among the nation's most populous, Texas and
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Indonesia's Lion Air buying 50 Boeing 737's in US$6.2b deal

At the time, Lion agreed to buy 234 medium-haul A320 jets worth some US$23.8 billion from European aerospace giant Airbus, after a US$22.4 billion deal for 230 Boeing planes. Currently, the airline flies to nearly 80 mostly domestic destinations with international routes including Singapore, the
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Northam seeks to raise hotel tax, real estate transfer taxes to pay for Metro

WASHINGTON — A tax on hotel stays in Northern Virginia would rise from 2 to 3 percent and a real estate transfer tax would be raised to somewhat reduce the amount of money that would be taken from other Northern Virginia transportation projects to pay for Metro, under amendments proposed by Gov
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Is Buying Mercer International Inc (NASDAQ:MERC) Here Good Idea?

Investors sentiment increased to 1.93 in 2017 Q4. Its up 0.53, from 1.4 in 2017Q3. It increased, as 5 investors sold Mercer International Inc. shares while 24 reduced holdings. 22 funds opened positions while 34 raised stakes. 48.35 million shares or 4.62% less from 50.69 million shares in 2017Q3 were
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US Senate Panel Plans to Repeal Auto Lending Rules: Toomey

The agency conceived to stamp out predatory lending must pull back from “unfair” oversight of the finance sector, he added. … In October, the Government Accountability Office endorsed Toomey's view that Congress has the power to revoke rules for auto loans and leverage lending, a type of risky credit
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Haute Residence's 5th Annual Real Estate Summit Connects Buyers To Brokers With Exclusive …

Haute Residence's annual Real Estate Summit is just a few days away from taking place at NYC's CORE: club for its fourth consecutive year at the locale. The exclusive event not only brings together some of the greatest and most influential names in the real estate and development industries on the
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Women in Management to discuss emotional intelligence, people skills

He currently serving on the board of Guaranty Title Company, Info Pro, Marion Body and Fond du Lac Bumper. Firm reservations must be made by noon on Monday, April 16, by registering online at wimiwi.org, emailing Rita Tetzlaff at accountnut@charter.net, or by calling 920-572-5221. Cost is charged
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States to Game Out Election Threats in Homeland Security Drills

To add “realism” to this year's drills, Manfra said the department created a closed portal that will simulate social media platforms and news sites, and where participants can create posts and interact with each other. Facebook Inc. founder Mark Zuckerberg begins two days of congressional testimony
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HUD awards record $28 billion to help states recover from major disasters

… billion to support long-term disaster recovery. The funds are provided through the department's Community Development Block Grant – Disaster Recovery Program. HUD explained it will address seriously damaged housing, businesses and infrastructure from major disasters that occurred since 2015.
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Broker API systems speeding specialist mortgage lending decisions – Jay

The specialist lending market is already seeing the advantage of technological advancements linking broker systems directly to lenders, according to Complete FS. Specialist lenders have been quicker than many of the high street names to embrace and link-in to new broker systems being developed
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Johnson named AVP of residential lending

GAMBIER — The Peoples Bank of Gambier named Deanna Johnson as Assistant Vice President of Residential Lending. Johnson began her career as an underwriter in the insurance business. She later applied those skills when she joined The Peoples Bank of Gambier in 2001 as a part-time payroll
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Banks still do plenty of subprime lending

The likes of Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) aren't likely loaning thousands for a subprime borrower to buy a car. What they're doing more and more of, though, is lending billions to nonbank operators who will make that loan. Bank loans to nonbank financial firms are up six-fold since
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