Regulator Seeks Kushner Loan Details From Deutsche Bank, Two Others

Regulator Seeks Kushner Loan Details From Deutsche Bank, Two Others

Tax authorities have requested documents within the past year from lenders and investors in some real estate projects managed by Kushner's family, a person familiar with the matter told Bloomberg earlier this month. Separately, federal prosecutors in Brooklyn and the Securities and Exchange
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Sacramento sues Wells Fargo over lending discrimination

… the “non-economic injuries inflicted by Wells Fargo,” including interference with the city's philosophy of “promoting, sustainable, stable, and integrated communities for residents.” In a statement provided to HousingWire, Wells Fargo said the bank plans to defend itself against Sacramento's allegations.
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How Ocwen plans to rebuild servicing scale with PHH deal

Ocwen Financial Corp.'s $360 million acquisition of PHH Corp. presents an opportunity for the nonbank servicer to rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.
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The Most Gentrified Metro Market Is …

The Downtown Los Angeles neighborhood with the 90014 ZIP Code recorded the most dramatic data shifts since 2000, with a 707 percent increase in home values, a 95 percent spike in household incomes and an astonishing 857 percent increase in residents with bachelor's degrees. Second place
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Brexit Talks in Peril After May Rejects EU Draft Deal

“No U.K. Prime Minister could ever agree,” to the EU's draft deal, Theresa May says. Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. U.K. Prime Minister Theresa May vowed she will never accept a draft Brexit agreement published by the European Union on
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With Rates on the Rise, Bond Proxy Stocks Turn Into Problem Children

“For the first time in three years, bonds are starting to look really exciting relative to equities,” Mark Kiesel, Pimco's chief investment officer of global credit, said in an interview with Bloomberg TV on Feb. 21. “You can get an almost equity-like return in a higher-quality portfolio with a third the volatility.”.
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AGs, not CFPB, should take greater role on enforcement: Mulvaney

“Despite what you might have read, I'm pretty sure that I'm not the devil,” said acting CFPB Director Mick Mulvaney. Bloomberg News. Mulvaney recently dropped a lawsuit in which former CFPB Director Richard Cordray sued four online tribal lenders in 2017 over allegations of illegally collecting debt in
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Reports: HUD to spend $165K on furniture, purchased $31K dining set

A report published late Tuesday in the New York Times said that officials with the Department of Housing and Urban Development spent more than $31,000 on a new custom dining room set for Secretary Ben Carson's office in late 2017. And according to another report in The Guardian, the agency is
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Analyst Warns That the Spinning Exercise Craze May Be Near Its Peak

New York City's stack of spinning classes — a favorite fitness regimen of the slim and sophisticated — appears a little bloated. Cyc Fitness, an indoor cycling outfit with four Manhattan locations and a loyal following, recently cut its single-class price to $22 from $28, according to a note from Jefferies LLC
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Mortgage Applications Rise 2.7% in MBA Weekly Survey

Mortgage applications rose by 2.7% on a seasonally-adjusted basis for the week ending February 23rd, 2018, over the previous week, according to the Mortgage Bankers Association (MBA)'s latest Weekly Mortgage Applications Survey. (This week's results include an adjustment for the Presidents' Day
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Top Trends in the Austin Housing Market

As the housing real estate market continues to experience a strong start to the year, we expect to see more homes for sale in some of the best neighborhoods in Austin such as the popular zip code 78704 which is one of the most sought-after areas, according to a top real estate company in Austin.
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Here's how Publix, Sprouts Farmers Market and Walmart stack up to the top grocery trends of 2018

Smaller grocery stores — and fewer new stores overall — have wide-ranging implications, from the number of jobs at each store to real estate development. Grocery stores have been the stalwart anchor for retail developments, as grocers continued to expand even as other big-box retailers were pulling
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How the right broker is key to your first home purchase

If this trend continues, the population of Dubai will more than double by 2027, reaching around 5 million. Such a rapidly-growing population combined with an increasingly diversified economy not only makes the prospect of investing in real estate more attractive, but also creates the need for greater
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16 Cunningham Collinsville Qld 4804

Tranquil views in a quiet location. 3 bedrooms House for Sale. Auction. 16 Cunningham Collinsville Qld 4804. Listed by Collinsville Real Estate – Collinsville. Features: Floorboards, Air Conditioning, Carport Spaces, Close to Schools, Close to Shops, Close to Transport.
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Kim Jong Un Calls for More Efforts to Improve Ties Between Koreas

Moon Jae-in shakes hands with Kim Yo Jong during the opening ceremony on Feb. 9, 2018 in Pyeongchang-gun, South Korea. Photographer: Jean Catuffe/Getty Images. Kim Jong Un expressed satisfaction with South Korea's treatment of his sister during a visit to mark the opening of the Winter
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CUSO, Fintech Firm Give CUs More Digital Banking Options

Raleigh-N.C.-based CUSO Constellation Digital Partners implemented its first open digital banking platform; and New York City-based fintech firm Narmi showcased apps aimed at helping members reduce bills and select home insurance. Constellation Digital Partners announced the release of
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Comparing Granite Point Mortgage Trust (GPMT) and Ares Commercial Real Estate (NYSE:ACRE)

Granite Point Mortgage Trust (NYSE: GPMT) and Ares Commercial Real Estate (NYSE:ACRE) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings,
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Fresh guidelines ahead on consumer rights with e-payments: MAS

SINGAPORE – Consumers and small businesses wary of e-payments due to fears of unauthorised transactions through their bank accounts can soon be assured of no liability as long as they keep the account details secure, new guidelines proposed on Tuesday (Feb 13) showed. The Monetary Authority
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Investors from Europe, US absent from Vietnam real estate market

According to the Foreign Investment Agency, the real estate sector ranked third among the business fields with largest FDI investment capital in 2017 with $3.05 billion worth of capital committed, accounting for 8.5 percent of total FDI capital.
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Closing the Gender Pay Gap in Banking

In January 2018, both Wells Fargo and Citi released results of their pay equity studies, which revealed that roughly half the employees at both major banks were women who were paid — on average — less than their male counterparts in similar positions. The same compensation discrepancies were
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