Refinancing a mortgage? You can now count Airbnb income

Refinancing a mortgage? You can now count Airbnb income

At a time when cities are still sorting out what effect, if any, Airbnb has on local rental and housing markets, the home-sharing giant is launching a new initiative that will further weave it into the fabric of owning a home. In partnership with lenders Quicken Loans, Citizens Bank, and Better Mortgage,
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Area Woman Takes Spin on Wheel of Fortune

“The wheel wasn't very nice to me, but playing was a chance of a lifetime. Something I will never forget,” says Elisabeth Goodwin of Oakwood about her recent TV appearance on Wheel of Fortune. Mrs. Goodwin has fond memories of watching the show as she was growing up, always trying to be the first
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Judge Taunted by Trump to Hear Arguments on Border Wall

That will be the question Friday before U.S. District Judge Gonzalo Curiel, who will listen to environmental groups and the state of California argue why a section of President Donald Trump's proposed wall along the Mexican border shouldn't be constructed.
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Godiva Owner in Talks With Turkish Banks to Reorganize Loans

Yildiz Holding met with lenders following preliminary 2017 earnings and 2018 projections, it said in an emailed statement after Bloomberg reported it was seeking to restructure debt with 10 banks. The lenders, led by Yapi & Kredi Bankasi AS, a unit of Turkey's Koc Holding AS and Italy's UniCredit SpA,
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Can Noisy Shorts Be Secret?

If you think a company is bad, or fraudulent, you can sell its stock short and try to profit when everyone discovers its problems and the stock drops. If you want to hurry that process along, you can always noisily publish research reports explaining why the company is bad or fraudulent. If your research
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Barclays Trims AGNC Investment (AGNC) Target Price to $20.00

AGNC Investment logo AGNC Investment (NASDAQ:AGNC) had its price objective cut by equities researchers at Barclays from $21.00 to $20.00 in a research note issued to investors on Friday, February 2nd. The firm presently has an “equal weight” rating on the real estate investment trust's stock.
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Walter Investment Management Corp. Successfully Completes Financial Restructuring

Ditech Holding is an independent servicer and originator of mortgage loans and servicer of reverse mortgage loans. Based in Fort Washington, Pennsylvania, the Company has approximately 4,100 employees and services a diverse loan portfolio. For more information about Ditech Holding, please visit
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Scrap balers: Recycling International's top picks

Global: There are big balers, shear balers, mobile balers, brand-new balers and 'smart' balers. In a world of rapidly advancing technology, it seems wise to remember that, ultimately, when buying machinery, you should ignore the dazzling facts and figures highlighted in corporate brochures; you should
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Real estate tycoon Tony Pomerleau dies

The patriarch of the Pomerleau family passed away at the age of 100, his son, Ernie, announced Friday morning. The elder Pomerleau had been in recent poor health. The jovial, sharp-eyed developer, known as Tony, built one of the largest personal fortunes in Vermont history, which he pegged at more
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Burlington Real Estate Mogul Tony Pomerleau Dies at 100

The Burlington real estate mogul's name graces several city buildings, including the police department headquarters on North Avenue and the YMCA on College Street. Among his bigger pledges to local nonprofits, Pomerleau gave $1 million to the Boys & Girls Club of Burlington in 2014, and donated
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NGO travel: Handle with care

Alina Holmes, purchasing and corporate travel manager for housing charity Habitat for Humanity International, imposes equally stringent pre-trip approval processes. “We have two lists – one red, one yellow – that if booked will trigger our global pre-trip advisory process,” she says. “If the country
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Bills introduced directing NY DFS to issue report on online lending

The bills are intended to amend legislation signed into law by New York Governor Cuomo on December 29, 2017 (S6593A) that created a seven-person task force to study online lending and issue a report by April 15, 2018 containing specified information. The task-force members are to consist of three
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FHA Loan Limits for 2018

FHA loans make homeownership more accessible to first-time home buyers, lower-income households and other borrowers who might not otherwise be able to get a mortgage. While financial requirements for an FHA loan are more flexible than conventional mortgages, your future home has to pass
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London has a glut of posh homes for sale

Here's a stat that might concern any Londoner thinking about putting their flat on the market when the weather warms up: there are already more homes advertised for sale on Rightmove than were sold in the whole of 2017. According to the Land Registry, there were 59,000 transactions concluded last
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Ellie Mae's revenue enhanced by Velocify acquisition

Ellie Mae's fourth quarter and full year revenue increased over the corresponding prior periods following its acquisition of Velocify. For the fourth quarter, Ellie Mae's revenue of $112.9 million was up 17% from $96.2 million for the same period in 2016. This exceeded the midpoint of the company's
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Marijuana Credit Union Granted Conditional Account by Federal Reserve Bank

Banking and general financial services have been a great white whale for the cannabis industry, as financial institutions continue to be wary of the plant's illegal status with the feds. But a recent settlement between a Colorado credit union and the Federal Reserve Bank of Kansas City may help reel in a
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2018 Cyber Security Trends: Where are We Headed This Year?

However, there is now speculation that a variety of industries such as real estate, human resources, cloud storage, and toast-making (okay, okay, so I made up that last one), could also experience disruption from blockchain technology. Cyber security will see some significant tools come to market that
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SG Americas Securities LLC Has $1.66 Million Position in Moneygram International Inc (MGI)

Schwab Charles Investment Management Inc. boosted its position in shares of Moneygram International by 10.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 127,817 shares of the financial services provider's stock valued at $2,205,000 after buying an additional
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Airbnb and Quicken Loans Partner on a New Mortgage Qualification Option

When you qualify to get a mortgage, one of the most important factors is your income. In general, higher incomes open up more mortgage options. With that in mind, we've got a new announcement that should be exciting for many homeowners. If you rent out your home through Airbnb, you can now
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Oversupply fears in Europe have lenders tightening the purse strings

The European Hotel Lending Survey 2018 reported that, over the past year, cautiousness due to increased political risks and economic policy challenges had been replaced with a more positive outlook for hotel lending. Strong hotel performance meant that debt continued to be available in most regions
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