Stated-income loans are back

Stated-income loans are back

From Freddie Mac's weekly survey: The 30-year fixed rate improved, averaging 3.90 percent, three basis points better than last week's 3.93 percent.
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Pace of Charleston-area home sales nearly flat in July

… interest rates this week averaged 3.90 percent for a 30-year mortgage and 3.18 percent for a 15-year loan, according to financier Freddie Mac.
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Is Trump Boosting the Housing Market in Bedminster, NJ—or Destroying It?

“Property prices in Bedminster are up by 14% for sales over $1 million over the past 12 months versus the previous 12 months,” Turpin says. Plus, “our
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Emerging Markets Bank Lending Conditions Survey – 2017Q2

The composite index for the 2017Q2 Emerging Markets Bank Lending Conditions Survey increased by 0.8pts to 49.4. While the index remains below
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Investors Title Company (NASDAQ:ITIC) Position Maintained by Markel Corp

Investors Title logo Markel Corp maintained its position in Investors Title Company (NASDAQ:ITIC) during the second quarter, according to its most
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$5000 Bitcoin? 3 Reasons to Buy—and to Stay Away

Bitcoin has gone on bull runs before but nothing like this: Prices this week shot through the $3,500 mark as the mainstream media hailed digital
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ADP CEO Likens Bill Ackman to 'Spoiled Brat' in Scathing Interview

Automated Data Processing CEO Carlos Rodriguez is giving Bill Ackman, the activist investor who holds 8% of the company, a tongue lashing.
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Airbnb's impact on Canadian housing markets

Airbnb has removed as many as 14,000 units of housing from rental markets in Montreal, Toronto and Vancouver, according to a report released this
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Minnesota Supreme Court rules schools needed lending license to make student loans

Although the Supreme Court found that the definition of “open end credit plan” under Minnesota law only incorporated the Truth in Lending Act and
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Major WA housing market glut claims rejected by Master Builders' Association

Major WA housing market glut claims rejected by Master Builders' … has called on the WA Government to retain housing industry stimulus measures in
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July Jobs Report Is Good News for Office Sector in Particular, Say Economists

To dissect the latest job figures and identify some of the underlying trends, REBusinessOnline reached out to three real estate economists for their
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Northwest Title ordered to pay $107k in back wages

The determination follows a U.S. Department of Labor investigation that found the company failed to pay prevailing wages to its employees working on
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PayPal to Buy Swift Financial to Boost SMB Lending

The acquisition, which is expected to close later this year subject to closing conditions, comes after small business lending specialist Kabbage
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This Is Elon Musk's Most Easily Overlooked Talent

Elon Musk has already made his mark as an exceptional innovator, but his capital-raising prowess is often overlooked. With Tesla's seemingly
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NJ-based mortgage lender will reportedly cut 1800 jobs, report says

MOUNT HOLLY — A mortgage lender that agreed earlier this week to pay the federal government $74 million for allegedly violating underwriting
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Local dance company wins national title

Mt. Juliet dance studio, Diamond Academy of Dance, returned home with the “National Grand Champion” title from the July 2 Rainbow Dance
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Plummeting house sales prompt plea for lending squeeze to end

Plummeting house sales prompt plea for lending squeeze to end … for an end to the Reserve Bank's stringent lending restrictions for first-time buyers.
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Short-Term Rental Income Calculations Changed

Freddie Mac has made some changes to the way in which lenders must handle rental income. The changes are primarily aimed at determining the
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Americans growing concerned about potential housing market correction, study finds

A nationwide increase in median home values coupled with low inventory indicates a stronger post-recession market. However, more Americans are
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All of Cersei's Banking Problems Are About to Be Very Important on Game of Thrones

There are dragons torching a Lannister army and we're spending a day hanging out in the Westeros Chase bank. But those brief, agonizing scenes
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