People facing issues getting a mortgage with Bitcoin profits in the UK

People facing issues getting a mortgage with Bitcoin profits in the UK

The report cites issues that one broker Mark Stallard, of House and Holiday Home Mortgages, encountered regarding Bitcoin investors trying to acquire a mortgage. “The first mortgage lender I rang asked me what a cryptocurrency was. “I rang two other lenders and they said they would not touch it.
See Original Article

Commercial real estate highlights

Porter Realty Co. Inc. reports the lease of 4,000 square feet at 2419 Grenoble Road in Henrico to Enviro Products Distributors LLC. ***. Commonwealth Commercial Partners LLC reports the lease of 1,314 square feet at 3455 W. Cary St. in Richmond to CBA Enterprises LLC. ***. Sigma National Inc.
See Original Article

Average prices in England and Wales inch up

Average prices in England and Wales rose marginally in December, LSL Property Services House Price Index found. The annual growth rate for England and Wales fell for the seventh month in a row, to just 0.2% – down from 0.9% in November and the lowest annual increase since March 2012.
See Original Article

Can more housing supply resolve the affordability crisis in Vancouver?

Vancouver is taking important steps toward a more flexible housing market. But these changes are only a start. The city's planned increase of 72,000 units over 10 years would add less than 1 per cent a year to the Lower Mainland's housing stock. More is needed, and both demand and supply must play
See Original Article

Endo International plc – (ENDP) to Post FY2018 Earnings of $2.56 Per Share, Cantor Fitzgerald …

Endo International plc – (NASDAQ:ENDP) (TSE:ENL) – Cantor Fitzgerald dropped their FY2018 earnings per share (EPS) estimates for Endo International in … Zacks Investment Research upgraded Endo International from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a
See Original Article

Fortune Indonesia Tbk (FORU.JK) Climbs 43.85% For the Week

Fortune Indonesia Tbk (FORU.JK) has ended the week in the black, yielding positive results for the shares at they ticked 43.85%. In taking a look at recent performance, we can see that shares have moved 8.09% over the past 4-weeks, 2.19% over the past half year and -62.97% over the past full year.
See Original Article

Should You Be Concerned About China Construction Bank Corporation's (HKG:939) Liquidity?

China Construction Bank Corporation (SEHK:939) is a large-cap stock operating in the financial services sector with a market cap of HKD HK$1.96T. As major financial institutions return to health after the Global Financial Crisis, we are seeing an increase in market confidence, and understanding of,
See Original Article

UK Crypto Investors Get Cold Shoulder from Mortgage Lenders

According to a recent report in the Financial Times, those mortgage companies have been reluctant to provide loans to would-be homeowners who have made their money in the digital currency markets, due to concerns about potential money-laundering and other criminal activities. As the report notes,
See Original Article

Why we shouldn't be too scared of dramatic house price drop predictions

Multibillionaire Meriton tsar Harry Triguboff has picked up this year where he left off last year, and the year before – decrying any and all moves to tighten up on foreign investors buying the apartments he churns out. Harry talking his own book, who'd have thought it?
See Original Article

This Analyst's K-Pop Dance Is Turning Heads in Hong Kong

Dennis Ip knows no matter how good his stock calls are, it's hard to stand out among a sea of analysts. So he turned to K-pop. A video of Ip, a power sector analyst at Daiwa Capital Markets Hong Kong Ltd., dancing to a song by the South Korean boy band Big Bang went viral among the city's finance
See Original Article

IMF Says China Must Fix Shortcomings to Lead Globalization

China is on track to build up a debt-to-gross domestic product ratio of more than 320 percent by 2022, a level that would rival Japan's, Bloomberg economists estimate. Lipton said during a separate interview Monday on Bloomberg Television that policy makers are now “pointed in the right direction” on
See Original Article

Indicators and Coming Up for Jan. 15

Commerce Department releases housing starts for December; Freddie Mac, the mortgage company, releases weekly mortgage rates. JAN. 30. Richmond SCORE workshop, “Perfect Your Pitch,” 6:30 to 8:30 p.m., Meadowdale Library, 4301 Meadowdale Blvd. Joan Bowling helps you create engaging,
See Original Article

Indonesia Welcomes Foreign Banks Following MUFG's Danamon Deal

Banks from countries including China are looking to follow the example of Japan's largest lender and buy stakes in Indonesian financial institutions, according to the head of the … “We are happy to entertain them — to have more contribution to lending and to finance all the infrastructure for Indonesia.”.
See Original Article

Insider Buying: Mercer International Inc. (MERC) Major Shareholder Buys 10514 Shares of Stock

Mercer International logo Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) major shareholder Peter R. Kellogg bought 10,514 shares of the company's stock in a transaction on Monday, December 18th. The stock was bought at an average cost of $13.08 per share, for a total transaction of
See Original Article

Banks try to lure MBA graduates away from Big Tech

Going to business school enabled Alessandro Scauzillo to achieve his ambition of moving from a job in tech into banking. He is now a product manager in the online trading division of UniCredit Group. But despite studying at MIP Politecnico di Milano, in the heart of Italy's banking hub, he was the only
See Original Article

2017 US All other credit financing products – income sold through Mortgage & non-mortgage loan …

The 2017 U.S. All other credit financing products – income sold through Mortgage & non-mortgage loan brokers – Product & Services Report, contains timely and accurate industry statistics, forecasts and demographics. The report features 2017 current and 2018 forecast estimates on the sales of All
See Original Article

Comment: Lenders are lining up their big pay day. By David Rak

More needs to be done to educate our society, especially young people, about the dangers of predatory lending and what can be done to avoid or escape the vicious cycle. These lenders don't have to break your legs a la their loan sharking forefathers – they can sit in their plush offices and legally break
See Original Article

Anworth Mortgage Asset (ANH) Earning Somewhat Favorable Media Coverage, Report Finds

Anworth Mortgage Asset logo News coverage about Anworth Mortgage Asset (NYSE:ANH) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks
See Original Article

Renminbi strengthens 0.6% as China's central bank flags drop in liquidity

The statement from the People's Bank of China cited factors including the tax season's peak, reserve requirements for financial institutions and maturing loans and repos as reasons behind tightening overall liquidity and its decision to inject Rmb398bn into the banking system through its medium-term
See Original Article

Morning Coffee: Ominous signs that big banking redundancies are coming in mid-2018. Over …

As U.S. banks prepare to announce their fourth quarter results in the coming week, an unwanted spectre is waiting in the wings: job cuts. They may make their entrance towards the end of the second quarter. Nomura has become the first bank to articulate the possibility of cuts to come. In an interview
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.