Report on Financial Results for the Three and Nine Month Periods Ended September 30, 2017

Report on Financial Results for the Three and Nine Month Periods Ended September 30, 2017

The increase in financing costs of $51,262 is attributable to the related mortgages for 48 Weber, the Brampton Property and the non-revolving term
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Perth house prices lowest in decade

The median house price in entry-level suburbs — where the median is $450,000 or below — is up to one-third (or more than $150,000) lower than in
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China online finance regulator tells unqualified micro-lenders to stop lending

The 1 trillion yuan ($151.5 billion) short-term, unsecured lending sector, known as “cash loan” in China, has been accused of charging exorbitant interest rates and violent debt collection practices. In Friday's warning letter, the Internet Finance Association, a government-backed industry group, said the
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Regulator questions bill to force banks to do mortgage deals

In a lengthy letter to the Oireachtas Committee on Justice, Central Bank deputy governor Ed Sibley criticised the Mortgage Arrears Resolution (Family
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Commerce Commission to appeal in real estate price fixing case

The Commission claimed they were part of an anti-competitive price fixing agreement with other Hamilton real estate agencies in relation to Trade Me changing its property listing fee. Its chair, Dr Mark Berry, said the High Court judgment raised significant legal issues that merited an appeal. The appeal
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Zacks: Matthews International Corp (MATW) Receives Average Rating of “Strong Buy” from …

Matthews International Corp (NASDAQ:MATW) has received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating. Brokerages have set a one year consensus
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1st Real Estate Expo in Bacolod opens Nov. 27 | SunStar

THE Philippine Association of Real Estate Boards-Negros Occidental Real Estate Board Inc. (Pareb-Norebi) will hold the 1st Real Estate Expo at SM City Bacolod North Atrium on November 27 to December 3. Ten real estate developers will showcase their respective projects in the week-long expo.
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Russia-OPEC Agree on Framework to Extend Oil Cuts

A worker uses a hook to position a drill bit on a drill rig near Ufa. Photographer: Andrey Rudakov/Bloomberg. OPEC and Russia have crafted the outline of a deal to extend their oil production cuts to the end of next year, although both sides are still hammering out crucial details, according to people
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New York Mortgage Trust, Inc. (NYMT) Receives Neutral Rating from B. Riley

The Company's investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity
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Lucerne betting on debt winner Down Under

Australia's four major banks, ANZ, Commonwealth Bank, National Australia Bank and Westpac Banking Corporation, who are all regulated by the
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The GOP Tax Plan Is Entering Its Make-or-Break Week

Reconciling those differences — and addressing Johnson's concern — may be a complicated process. “That's part of the equation that could change the most over the next few weeks,” Isaac Boltansky, senior vice president and policy analyst at Compass Point Research and Trading LLC, told Bloomberg
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Danone to Diageo Set for Boost From China Cuts on Import Taxes

… of 2017, according to the National Bureau of Statistics. Items in Friday's list of tariff cuts are part of broader categories of consumer goods which made up around 30 percent of China's total imports in 2016, according to Bloomberg calculations. China's retail sales totaled more than $5 trillion last year.
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12 Days of Christmas

We want to give you a chance to win one of twelve must-have gifts for the holiday season. Enter our 12 Days of Christmas Giveaway.
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Manitowoc real estate transfers and homes sold: Nov. 26, 2017

To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS: Packers' ticket prices remain soft in wake of
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The grim price of de Blasio's 'affordable-housing' games

Just a week after his re-election, Mayor de Blasio has made clear he'll continue to make “affordable” (i.e., subsidized) housing a signature issue. At a press conference in the Mount Eden section of The Bronx, the mayor announced the city was “preserving” the affordability of an apartment complex there
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Your guide to FHA loans

Less rigorous lending standards and lower down-payment requirements make FHA loans popular with mortgage borrowers. An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the
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Balance of Power: Mueller's the Elephant in the Room This December

December will be a make-or-break month for U.S. President Donald Trump's tax overhaul bid, and coincides with a dangerous distraction: signs that Special Counsel Robert Mueller's Russia election meddling investigation may be zeroing in on Trump's inner circle. News that former National Security
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Four out of five advisers recommend mortgage advice career

A survey of 400 advisers by the London Institute of Banking and Finance (LIBF) revealed 80 per cent of advisers would recommend a career in mortgage advice to a young person. Meanwhile, 86 per cent said helping consumers achieve their life goals was one of the most enjoyable and rewarding
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5 things you need to know Friday

International “Buy Nothing Day” falls on the day after American Thanksgiving each year. Celebrated since the 1990s, the day is meant to inspire worldwide action against mass consumerism. That's not the only anti-shopping game in town: Outdoor retailer REI dreamed up the #OptOutside campaign in
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Gross mortgage lending up 14% in October: UK Finance

Remortgage levels combined with strong first-time buyer numbers are expected to have contributed to an increase of 14 per cent in mortgage borrowing in October, compared to the same month last year, the latest figures from UK Finance show. Gross mortgage lending totaled £23.1bn in October,
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