Singapore to tighten short selling rules

Singapore to tighten short selling rules

The Monetary Authority of Singapore (MAS) as proposed a series short selling reforms to enhance market transparency. As part of the Securities and
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People Movers of the Week: Dec. 16

Before joining Arbor, he originated HUD loans for Love Funding, and prior to that spent 22 years at Lend USA, the commercial and mortgage lending
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Banking Organization Systemic Risk Report

The Board is extending the deadline to complete Schedule G of the Banking Organization Systemic Risk Report (FR Y-15) for certain firms.
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Coalition-led inquiry into housing affordability returns zero recommendations

It found that many parts of Australia, other than Sydney and Melbourne, have a relatively weak housing market and that policy should focus primarily
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US Bank, Citizens: Friday's Rates for Home Mortgages Dec 16, 2016

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Soaring prices smash young Canadians' home ownership dreams

With home prices in Toronto, Vancouver and their surrounding areas soaring increasingly out of reach, many first-time buyers are being forced to
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Hopes rise that high-risk lending curbs will ease under Trump

NEW YORK (Reuters) – US leveraged lending guidelines could ease if a Wall Street-friendly Trump administration tells regulators to take a more
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Ezubao Fraud: Proceedings Commence on Shuttered P2P Lending Platform

Ezubao Behind Bars The trial against Ezubao, once a high-flying peer to peer lending platform, has commenced. The Beijing People's Protectorate
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China Makes Stability of Housing, Financial Sectors Its 2017 Priorities

One chief risk comes from the all-important housing market, which, along with related industries such as construction, accounted for almost a quarter of
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Priced out of the market? Three housing alternatives for hot markets

TORONTO — With the sluggish economy and tightened lending rules, being priced out of the real estate market is a reality for many, particularly those
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Housing starts drop nearly 20% in November

Housing starts took a nose-dive in November as they dropped from October's 10-year high, according to the new report from the U.S. Census Bureau
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BNY Mellon uses T2S for Italian CSD link

BNY Mellon has partnered with Italy's central securities depositary (CSD) Monte Titoli through its Target2-Securities (T2S) connection. The bank will
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Real Estate Boom in Aspen as Dancing Bear Penthouse Sells for Record $16 Million

Dancing Bear Aspen announced today the record-breaking $16,000,000 sale of the penthouse residence located at its brand new Mountainside
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Home construction takes a tumble in November

“Overall, we continue to expect a modest, but steady improvement in the housing market going into 2017 and remain attuned to any” further rising
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Home Builder Optimism Hasn't Been This High Since July 2005

With today's mortgage rates still-low and U.S. rents rising, home builders are planning for another strong finish to the year for housing, and a fantastic
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Mobile fintech is here to stay with banking and payment services

As a result, the major banks (Bank of America, JPMorgan Chase, Wells Fargo, etc.) released mobile apps to allow their customers to handle their
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BofI admits over-charging on thousands of tracker mortgage loans

Bank of Ireland has admitted over-charging thousands of tracker mortgage customers. The bank said it had discovered 3,916 accounts that have been
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Lessons of mortgage crisis go unheeded in small-business lending market

There's a great scene in The Big Short, the movie of Michael Lewis' book about the mortgage crisis, where two shiny-suited brokers brag about how
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LPC: Hopes rise that high-risk lending curbs will ease under Trump

NEW YORK, Dec 16 (Reuters) – US leveraged lending guidelines could ease if a Wall Street-friendly Trump administration tells regulators to take a
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Non-QM market 'maturing'

Caliber Home Loans has closed the US$225.75m COLT 2016-3 Mortgage Loan Trust, the first post-crisis non-QM RMBS to feature a triple-A rated
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