Term Sheet — Tuesday, December 12

Term Sheet — Tuesday, December 12

Reply to this email with a one or two-sentence answer to the question: “What's your top business-related prediction for 2018?” Feel free to give me your thoughts on everything from M&A trends to policy changes to when you think we'll be driving our Teslas on Mars. I will include highlights of your
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How Much Will Buying Corporate Bonds Cost The ECB?

The most significant credit loss so far emerged last week when South African based Steinhoff International imploded spectacularly. German prosecutors are investigating whether Steinhoff International inflated its revenue and book value, which has lead to concerns about the strength of the group's
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New home mortgage apps up over 12% annually

Mortgage applications for new home purchases increased by 12.2% in November from the same period a year ago, according to the Mortgage Bankers Association's Builder Applications Survey. On a month-over-month basis, new home mortgage applications declined by 6% from October. In November
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FHA No Longer Insuring New Mortgages with PACE Liens

“HUD's actions today will help protect taxpayers and the FHA insurance fund, and will align FHA policy with that of Fannie Mae and Freddie Mac. “However, consumers should still be very wary of these dangerous loans, which are not yet subject to important federal consumer protection laws,” Stevens
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The Perfect Storm For Small Business Loan Approvals In 2018

A strong economy during President Trump's first year in the Oval Office, combined with less restrictive regulation of the banking industry, and rising interest rates, have created an atmosphere ripe for small business lending. Higher interest rates are a primary reason. The Federal Reserve has increased
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Finnish Crowdfunding & P2P Lending Platform Fellow Finance Receives Payment Institution …

Finnish crowdfunding and peer-to-peer lending platform Fellow Finance announced on Tuesday it received payment institution authorization from the Financial Supervisory Authority of Finland. The online lender claims it is the first funding platform to receive this type of authorization, which will notably
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Azalead Opens US Office, Hires Industry Veteran as Head of Sales to Expand Market for Innovative …

Azalead is the international SaaS leader for account-based marketing (ABM). The company provides a complete solution to capture anonymous buyer activity and execute personalized account-based marketing, advertising and sales strategies. Discover more at www.azalead.com and follow us on
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A Decade Later, Fannie Mae has Finally Paid Back Its Bailout

With revenues of more than $100 billion, it ranks 20th on the Fortune 500 list [LINK TO FORTUNE 500 LIST] of America's largest companies. But, unlike private financial institutions and banks, it is a government-sponsored enterprise. Mayopoulos says that even though Fannie Mae is in better financial
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SpaceX Will Launch a Reusable Rocket to the International Space Station

This week SpaceX, Elon Musk's aerospace and transport company, expects to launch one of its reusable rockets to the International Space Station with 4,800 lbs. of NASA payload on board. The company's Falcon 9 rocket will carry a Dragon capsule (also reused from a previous mission) packed with
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Microsoft Alum Julie Larson-Green Is Joining This SurveyMonkey Rival

The company started in the academic space, selling its software to universities and researchers, and now caters to a growing list of Fortune 500 companies who use Qualtrics to collect and analyze customer feedback. Led by co-founder Ryan Smith, profiled in Fortune last year, it has chosen to remain in
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Investor Corner: Chart Review for Freddie Mac (FMCC) as WA Hits -14.54

Investors may be watching indicator signals on shares of Freddie Mac (FMCC). After a recent look, we have noted that the beta research opinion is currently Sell. This signal uses a system combining volatility, momentum, and wave theory to help spot the general trend. In terms of direction, the signal is
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Metal workers union continues strike action at Agni Steel in SA

African News Agency reported that Liberated Metalworkers Union of South Africa (Limusa) said on Monday that it will proceed indefinitely with its strike at Agni Steel South Africa in Port Elizabeth due to protracted wage negotiations that started in 2016 with the company. This comes as the protected
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Hurricanes cause rise in late mortgage payments for September

The number of loans past due between 30 and 59 days increased to 2.4% in September from 2% in August and 2.1% in September 2016, according to CoreLogic's Loan Performance Insights Report. The share of mortgages that transitioned from current to 30 days past due was 1.3% in September,
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PAREXEL International Co. (PRXL) Stake Lessened by Wolverine Trading LLC

Public Employees Retirement System of Ohio grew its stake in shares of PAREXEL International by 4.5% in the first quarter. Public Employees Retirement System of Ohio now owns 1,713 shares of the medical research company's stock worth $108,000 after purchasing an additional 73 shares in the last
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MBA Sees Sales Falling in Nov Despite Longer-Term Strength

The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those … MBA uses the survey as well as other data to provide an early estimate of new home sales volumes at the national, state, and metro level as well as
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Fidelity National Title closes $25.5M sale of Arroyo Roble

“We knew we had to work with a title company that was highly talented and experienced,” said Jordan Scott, principal for Glacier House Hotels. “We are excited to add this trophy asset, located in the highly sought-after uptown section of Sedona with unprecedented views of the Red Rocks to our growing
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YoY Mortgage Applications Up in November

Mortgage applications for new home purchases were up by 12.2 percent year-over-year in November, but were down by six percent from October, according to the latest Builder Applications Survey released by the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales
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Bloom Lending Spotlight: FintruX

Today, we are excited to announce our partnership with FintruX — a global p2p lending platform where borrowers, lenders, third party guarantors and specialized service agents co-exist to create a…
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2018 Small Business Lending Outlook

During the Great Recession and the credit crunch that followed, banks were desperate to reduce risk and small business lending found itself on the chopping block. The years that followed were a dark period for small businesses, which were hit disproportionately hard by the economic downturn.
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Stocks in the Spotlight: Trimble Inc., (NASDAQ: TRMB), NMI Holdings, Inc., (NASDAQ: NMIH …

NMI Holdings, Inc., belongs to Financial sector and Surety & Title Insurance industry. (NASDAQ: NMIH) has grabbed attention from the analysts when it practiced a change of 0.57% in the last trading session and completed its trading at $17.6. A total of 835710 shares exchanged hands during the
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