Reverse Mortgage Must-Reads: New Software, Carson Investigation

Reverse Mortgage Must-Reads: New Software, Carson Investigation

In case you missed them the first time around, kick off your week with the biggest stories from the week that was in the world of reverse mortgages. ReverseVision Founder to Launch New Reverse Mortgage Software Platform — Two of the people who were instrumental to the development and marketing
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Texas Company Affiliates With Century 21 Real Estate

A Plano, Texas-based company, Sunet Group LLC, has affiliated with the CENTURY 21® System, now operating as CENTURY 21 Sunet Group, the company recently announced. The company will continue to serve real estate needs throughout the Dallas-Fort Worth Metroplex. “I am thrilled to be joining
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Media Sites That Don't Purge Bots Should Be Fined, Senator Says

Social media giants Facebook Inc. and Twitter Inc. should be fined if they don't weed out automated accounts, or bots, trying to influence U.S. public opinion, said Democratic Senator Amy Klobuchar. “I think that would be a great idea,” Klobuchar, of Minnesota, said on NBC's “Meet the Press” on Sunday
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Luxury Portfolio International Awards Williams Raveis Real Estate as Top Luxury Brokerage

Luxury Portfolio International®, a division of Leading Real Estate Companies of the World® (LeadingRE), has awarded William Raveis Real Estate, Mortgage & Insurance (WRRE) its Top Luxury Brokerage Award, William Raveis recently announced. The award was given for overall engagement in
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Guide to smart banking: Up or down: Saving strategies on your home loan

For one thing, lending rates have fallen sharply, bringing cheer to borrowers. More important, starting April 2016, the lending rate on your floating rate home loan is being pegged against a new rate — the marginal cost of funds-based lending rate (MCLR), which replaced the erstwhile base rate. This has
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Neil Shekhter on Up-and-Coming Real Estate Destinations to Keep an Eye on in 2018

LOS ANGELES, CA / ACCESSWIRE / February 25, 2018 / There were big changes in the high-end real estate scene throughout the last 12 months or so. Real estate developers introduced world-class residences of all types. Owners put residences up on the market for breathtaking amounts, too. People
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Daimler's New Chinese Investor to Embark on German Goodwill Tour

Chinese billionaire Li Shufu moved quickly to assuage officials from Stuttgart to Berlin after his surprise $9 billion investment in Daimler AG made him the biggest shareholder in the storied German automaker. Li Shufu. Photographer: Tomohiro Ohsumi/Bloomberg. Li, the founder of Zhejiang Geely
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Toronto Dominion Bank Acquires 16757 Shares of Edison International (EIX)

Toronto Dominion Bank grew its holdings in shares of Edison International (NYSE:EIX) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,345 shares of the utilities provider's stock after buying an
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Romanians Resume Protests After Threat to Anti-Graft Crusader

Thousands of Romanians took to the streets in a show of support for the Balkan country's anti-corruption chief, who's facing an attack on her job after she helped lock up dozens of politicians. More than 3,000 people gathered at the government building in Bucharest on Sunday, while 4,000 more
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Wealth Migrate to present blockchain-based global real estate platform at Finovate Middle East

DUBAI, United Arab Emirates, Feb. 25, 2018 (GLOBE NEWSWIRE) — Wealth Migrate, the blockchain-based global online real estate platform, has been selected to showcase its newest technology at Finovate Middle East 2018 (Dubai, February 26-27). Finovate is the premier demo-based conference for
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Building a Case for Forward Lenders to Embrace Reverse

Much like Home Equity Conversion Mortgage originators, forward players are struggling, according to the report from the Greenwood Village, Colo.-based STRATMOR Group: With fixed interest rates on the rise, and the Mortgage Bankers Association predicting average rates of 5.6% by 2020, many
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Ireland facing 'perfect vulture storm' as banks plan to sell 25000 mortgages

Mr Hall said:“If the ECB has determined that split mortgages are non performing and require PTSB to sell them, well then there's 27,000 mortgages among all the banks, well then what happens then?” Mr Hall stressed the circumstances facing mortgage holders who have their loans snapped up by
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Why increasing numbers of New Yorkers are calling it quits on city life

According to realtors, there's a great exodus from New York City that can be measured in New Jersey commuters. Over the past 25 years, people commuting across the Hudson have increased by 28 percent forcing, in turn, bus trips to grow by more than 80 percent and railway trips to triple, according to
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Honeywell International (HON) Stock Rating Reaffirmed by Stifel Nicolaus

Honeywell International logo Honeywell International (NYSE:HON)'s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a report released on Friday, February 16th. They currently have a $165.00 price target on the conglomerate's stock. Stifel Nicolaus' target price suggests a
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PTSB loan sale will ensure this summer is a political scorcher

A further €2bn is made up of private dwelling homes of customers who have either not engaged with the bank, have failed to adhere to the terms of a restructuring or have, what the bank says are unsustainable mortgages. Another unspecified amount, but presumably around €700m, relates to private
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Homeowners on variable mortgage rates need to fix soon to avoid higher repayments

Homeowners with a variable-rate mortgage have some big decisions to make in the coming 1 Homeowners with a variable-rate mortgage have some big decisions to make in the coming months. Eurozone interest rates are on the rise. It may not happen this year, but it is pretty certain that European
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Salt Lending (SALT) increased 10.06% in 24 hours

Salt Lending (SALT) had a good 24 hours as the crypto jumped $0.41228 or 10.06% trading at $4.5112. According to International Cryptocoin Analysts, Salt Lending (SALT) eyes $4.96232 target on the road to $12.7221134581261. SALT last traded at Binance exchange. It had high of $4.9148 and low
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What help can first-time buyers avail of?

I'm paying 3.8pc in interest on my mortgage with an outstanding balance of €350,000 with a term of 30 years remaining and loan to value of under 80pc. Looking at the rates banks are offering these days, mine looks pretty expensive. I presume, however, that because I signed a contract to pay the rate
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TPG Specialty Lending (TSLX) Raised to Buy at Ladenburg Thalmann Financial Services

TPG Specialty Lending Inc logo Ladenburg Thalmann Financial Services upgraded shares of TPG Specialty Lending (NYSE:TSLX) from a neutral rating to a buy rating in a research note issued to investors on Thursday morning, MarketBeat reports. A number of other brokerages have also commented
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Have the upper hand when home searching

From finding the right property to writing the offer, scheduling inspections and ordering title work, they will work hard to get you to the closing table. Most agents have trusted relationships with industry professionals such as lenders, inspectors, testers, title company employees and others that can prove
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