NZ REINZ Housing Market Statistics – Steady as she goes – ANZ

NZ REINZ Housing Market Statistics – Steady as she goes – ANZ

“Days to sell are flat nationwide and prices are up a touch. But regional divergence continues, with Auckland softer than the rest of the country and Hawke's Bay leading the charge. House price inflation is up 4%y/y and we expect stable price pressures from here. The market is unlikely to take off due to
See Original Article

For Low-Income Renters, the Affordable Housing Gap Persists

California, home of high-earning tech workers and ballooning rents, has 22 affordable and available units per 100 extremely low income (ELI) renter households. But the worst offender is Nevada, with only 15. Even in recovering markets, the demand for affordable housing is far greater than the supply:
See Original Article

Debate Begins on Durbin's Proposals to Reform Private Student Lending Laws

It compels lenders to disclose benefits that may be forfeited upon refinancing of a federal student loan into a private loan and bars them from denying credit to individuals who qualify for protections under the Servicemember Civil Relief Act. Echoing provisions already approved by the Senate's Banking,
See Original Article

Grab Financial could disrupt banking sector

BANKS might soon be the next taxis. Grab's new fintech platform Grab Financial – which it launched on Tuesday – will impact and may one day disrupt the banking sector much like its ridehailing services have disrupted the taxi sector, industry players told The Business Times. Through Grab Financial
See Original Article

A Little-Known Benefit of HUD-Approved Housing Counseling: Assisting Consumers With Credit …

The National Foundation for Credit Counselors (NFCC.org) is a main organization that certifies and then recommends credit counselors that empower consumers to take charge of their finances through one-on-one financial reviews that address credit card debt, student loans, housing decisions and
See Original Article

Philips debuts first outdoor Hue smart lights

But this week, the company issued a press release giving more details on just how the new lighting system will work. Using the international wireless standard known as Zigbee–also employed by many other smart devices–the outdoor Hue lamps can be connected to any Amazon Alexa voice assistant
See Original Article

Lexus Announces Ultra-Luxury Sports Yacht to Catch Mercedes

Lexus thinks it finally has a way to catch up with Mercedes in luxury-car sales: go into the high-end boat business. Toyota Motor Corp.'s premium brand plans to start selling a 65-foot (20-meter) ultra-luxury yacht in the U.S. in the second half of next year. The vessel, announced at a boat show last week
See Original Article

Silicon Valley's Demise Has Been Postponed Again

Silicon Valley is totally over, right? I mean, it says so in the New York Times, which ran a much-discussed story last week headlined “Silicon Valley Is Over, Says Silicon Valley.” And it says so here at Bloomberg View, where my fellow columnist Conor Sen opined last fall that “The Numbers Show Silicon
See Original Article

Once a bailout recipient, this profitable midsize bank may soon win relief from banking rules

For a bank seeking relief, Regions Financial is certainly having a good year. The Alabama-based institution is on track to post near-record profits. Already one of the country's largest banks with operations in more than a dozen states and more than $120 billion in assets, Regions Financial is growing at a
See Original Article

Here's how the new tax code will impact the housing market

Title agents and real estate professionals were also asked if the new tax law changes may hinder the supply of housing by reducing the willingness of homeowners to sell. The good news for the housing market is 46 percent, almost half of all respondents, did not believe the new tax code will significantly
See Original Article

Banking royal commission grills bankers, mortgage broker: Live blog

National Australia Bank copped a real grilling from Commissioner Kenneth Hayne and the commission's senior counsel on day one, and its senior executives are up first on day two. The key issue is its Introducer Program that paid commissions to third parties for client referrals to NAB, which proved
See Original Article

Cenlar FSB Appoints Anthony Renzi As President And Chief Operating Officer

“Tony's appointment reflects his impressive work history spanning 30+ years in the mortgage banking and financial services industry and demonstrated success in executive level positions at Walter Investment/DiTech Holding, CitiMortgage and Freddie Mac,” said Gregory S. Tornquist, CEO of Cenlar
See Original Article

BankThink Will HMDA data carve-out for small banks make discrimination easier?

In 2015, the Consumer Financial Protection Bureau added roughly 25 new data fields to the information already gathered under HMDA — a mix of data points required by the Dodd-Frank Act and added under the agency's discretion. The data include items like borrower credit scores, mortgage loan
See Original Article

Old Republic International Corporation (NYSE:ORI) – Do Investors Feel Confident About Stock's …

Shares of Old Republic International Corporation (NYSE:ORI) closed the previous trading session at $21.25, experiencing a change of -0.42% with 2,865,631 shares trading hands. The stock holds an average trading capacity of 3.49M shares for the past three months. When we compare its current
See Original Article

What $1 million buys you in Cape Town, Paris, London, and New York

Knight Frank has compiled a brief snapshot of just how many square metres of prime property your money would buy you in the most desirable locations across the globe. Knight Frank's research is based on a Prime International Residential Index (PIRI), which tracks the value of luxury homes in 100 key
See Original Article

Grab dives deeper into fintech with move into lending

Ride hailing service Grab has joined forces with Credit Saison, Japan's biggest lender, to expand its financial services offering to include loans. Through the joint venture company, named Grab Financial Services Asia, Grab and Credit Saison will combine to provide loans and lending services to
See Original Article

Dart Appraisal Acquires VMG

Dart Appraisal, a Troy, Mich.-based appraisal management company (AMC), has acquired Valuation Management Group (VMG), an AMC based in Marietta, Ga. VMG was established as an AMC in 2006 and is led by Vicky Thompson. According to the companies, the majority of the team at VMG are
See Original Article

Private Banking Business Analyst in Columbus at Huntington

New Career Opportunity! Huntington National Bank has an opening for a Private Banking Business Analyst in Columbus, OH.
See Original Article

Hamptons Cheat Sheet: Matt Lauer slashes $2M from Sag Harbor estate's price, renovations …

Designed by Robert A.M. Stern in 1990, an 11,800-square-foot post-modern mansion in the Georgica section of East Hampton sold to a German real estate investor for close to its most recent asking price of $8.995 million, Curbed reported. The 2.3-acre property was listed for $12.25 million in 2015,
See Original Article

Brainstorm Health: Ex-GSK Chief Witty to Optum, AliveCor Potassium Levels, PCSK9 Pricing

Witty, in my opinion, is someone who understood the power of doing well by doing good—which, of course, is the theme of Fortune's “Change the World” effort and our CEO Initiative. (Carroll also notes that GSK was no saint when it came to jacking up prices on older drugs—an ongoing industry-wide
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.