Siemens to Cut About 6900 Jobs Worldwide in Sweeping Revamp

Siemens to Cut About 6900 Jobs Worldwide in Sweeping Revamp

An internal memo seen by Bloomberg News says the Offenbach site is also scheduled to be closed. Kugel declined to confirm this during a call with
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Fannie Mae, Freddie Mac Reenter LIHTC Market

Fannie Mae and Freddie Mac are re-entering the Low-Income Housing Tax Credit market.
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Timelier provisions may make banks' profits and lending choppier

A new international accounting standard, IFRS 9, will oblige lenders in more than 120 countries, including the European Union's members, to increase
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GOP tax plans could worsen housing affordability crisis

Why it matters: A recent report from Freddie Mac estimates that America's stock of housing that is affordable for low-income Americans fell by 60%
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Vancouver condo rush sparks local and foreign flipping frenzy

VANCOUVER, Nov 16 (Reuters) – The condominium market has turned red-hot … even as a foreign buyer tax has sent detached home sales plunging.
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JG Wentworth Co (OTCMKTS:JGWE) Is A Speculative Play

The Home Lending segment engages in retail mortgage lending activity originating primarily conventional, Federal Housing Administration, and the
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Orange County California Enjoys Highest Office Rent Growth in US Over Last Two Years at 23 …

Commercial real estate investors should benefit from the trends that have given the tech industry greater stability and a wide economic base compared
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Seriously Underwater US Properties Drop by 1.4 Million From Q3 2016

The 4.6 million seriously underwater properties at the end of Q3 2017 represented 8.7 percent of all U.S. properties with a mortgage, down from 9.5
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Should You Buy Mondelez International, Inc. (MDLZ) or The Hershey Company (HSY)?

Mondelez International, Inc. (NASDAQ:MDLZ) shares are down more than -5.37% this year and recently decreased -1.36% or -$0.58 to settle at
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This banking malware wants to scoop up your email and social media accounts, too

What was only a banking trojan now has the ability to monitor social media posts too. Image: iStock. A sophisticated form of malware based on the
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It's time for Miss Fortune to get her first Legendary Skin next year.

It's been too many years since this was a thing and I strongly believe that next year should be the year where Miss Fortune gets her first Legendary
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Mortgage seminar to be held at VFW

A free Reverse Mortgage Seminar hosted by Ellen Gordenier of 14 Moves Keller Williams Premier Realty and Dominic Demarais of Fairway Mortgage
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8 markets where housing inventory is actually growing

Nationally, available housing inventory's latest year-to-year drop of 12.2% is the steepest since 2013, but the supply of homes for sale is actually
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The Best Small Business Loans of 2017

Commercial mortgage loans. The money borrowed from a commercial mortgage loan is used to buy, develop or refinance commercial property such
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Freddie Mac: Mortgage Rates Back on the Rise

16, with the average rate for a 30-year fixed-rate mortgage (FRM) rising to 3.95%, up from 3.90% the previous week, according to Freddie Mac's
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GOP tax plans could be painful for Orange County homeowners

Rate news summary: From Freddie Mac's weekly survey: The 30-year fixed rate averaged 3.95 percent, 5 basis points higher than last week's 3.90
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Financial Tips for New Parents I Fifth Third Bank

At Fifth Third Bank, we're helping new parents prepare for costs — expected and unexpected — through articles, videos and more. We'll cover topics
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You Could Get Stuck With Your Spouse's Debt in Divorce

Between credit cards, mortgage loans, car loans, and student loans, Americans are in a whole lot of debt. Owing money can be hard to cope with
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'£90k is a lot of avocados': Javid defends millennials who can't afford a home

They're not facing up to the reality of modern daily life and have no understanding of the modern market.” With the average house price now eight
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Manhattan exhibit celebrates 35 years of 'Wheel of Fortune'

Set pieces like puzzle letters and the famous ceramic Dalmatian named Sheldon are among the items on display in “Wheel of Fortune: Celebrating 35
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