The Feldman Report – Boosting the housing market and your credit score

The Feldman Report – Boosting the housing market and your credit score

WWJ's Murray Feldman – Boosting the housing market and your credit score.
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Credit scores on mortgages made to millennials drop

The average credit score of loans made to members of the millennial generation were a little lower than they were a year ago, according to Ellie Mae's latest monthly numbers. “With the average credit score dipping, lenders are extending credit to borrowers who may have had no previous access to the
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Analyst Upgrades Running Hot, As Even International Business Machines Corp. (IBM) Gets Some …

The buying frenzy harkens back to the late-90's where not woning stocks would make one seem like they were from another planet. Couple in the gains some folks speculating in cryptocurrencies and we are as bullish an environment as one can expect. Pay no mind to those who try to say there is a lot of
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PHH Mortgage Reaches $45 Million Settlement In Fraud Case: AG

Burlington County based PHH Mortgage has reached a $45 million settlement with the State of New Jersey to resolves allegations the it improperly serviced mortgage loans during a four-year period, Attorney General Christopher S. Porrino announced on Wednesday. The settlement covers 45 states
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Manufacturing in the US Just Accelerated to Its Best Year Since 2004

U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said Wednesday. Highlights of ISM Manufacturing (December). Factory index climbed to 59.7 (est.
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Meyer Handelman Co. Decreases Stake in International Business Machines Corp. (IBM)

Herndon Capital Management LLC grew its stake in shares of International Business Machines by 39.0% during the second quarter. Herndon Capital Management LLC now owns 695 shares of the technology company's stock worth $107,000 after buying an additional 195 shares during the last quarter.
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Bank of Southern California NA Opens Orange County Office

SAN DIEGO, Calif., Jan. 3, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition
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Round Rock Chamber announces new board of directors with Steve Stapp from R Bank at helm

On Wednesday, the Round Rock Chamber announced its newest slate of leadership. The 2018 board will be led by Chairman Steve Stapp, representing R Bank. Other members of the board include Chair-Elect David Hays from Georgetown Title Company; Secretary Jonas Miller from U.S. Rep.
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PHH reaches nationwide settlement over crisis-era mortgage servicing

HousingWire contacted the New Hampshire Attorney General, and this article will be updated should the AG respond. According to the complaint filed by the state attorneys general, PHH “threatened foreclosure and conveyed conflicting messages to certain borrowers engaged in loss mitigation.”.
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Rental population decreases for first time since 2004

In fact, a report from Harvard University's Joint Center for Housing Studies shows there are about 43 million renters in the U.S. – making up more than a third of U.S. householders. Although the number of renters declined slightly in 2017, they continue to hold a significant claim on the market as renting
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Hunt Mortgage Group Finances the Acquisition of Two Multifamily Properties in North Carolina and …

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided loan facilities to enable the.
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So Long, NYC: Real Estate Execs Flee Big Apple for These Five Cities

Pick your poison: property values, legal expenses and most of all taxes—all can conspire to make the cost of real estate deals in the Big Apple as inflated as the price of a pack of cigarettes at a Wall Street newsstand. … Here are five cities that real estate pros told Commercial Observer they are eyeing.
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M&T Bank drives big surge in SBA loan dollars

Nearly $44 million in small business loans has been approved in the Buffalo and Rochester markets during the first three months of the federal fiscal year. That's up more than 57 percent year over year, according to the latest lending summary from the U.S. Small Business Administration's Buffalo District
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PHH Corporation Comments on Settlement with Multi-State Mortgage Committee and State …

The settlement resolves and closes out findings related to legacy mortgage servicing activities occurring between January 1, 2009 and December 31, 2012 that were subject to a multi-state mortgage loan servicing examination. “We have agreed to resolve concerns raised by the MMC arising from its
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FHFA looks to update credit scoring, mortgage financing in 2018

“FHFA's request for input is a step forward towards creating a marketplace where credit scoring models can be judged on their predictiveness, innovation and inclusivity instead of the status quo where the government has created a de-facto monopoly for FICO,” Burns said to HousingWire. “Monopolies
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Bandhan Bank has 1.1 cr customer base, 28% CASA, low NPA and now IPO in a year

The last two years, we have been performing as a bank and have been making very good progress. The 1.1 crore customer base, 28% CASA and the low NPA, all together is a very good experience that I gained from the last two years. There are lots of opportunities for India to provide this banking
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Housing Outlook 2018: Six Predictions From The Experts

In 2017 Americans learned to expect the unexpected, whether it be politics, weather or housing. Driven by record low inventory, little about the housing market went as forecast last year. “We thought there would be some things to take the pressure off,” reflects Skylar Olsen, senior economist at home
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Eurex ends 2017 on a high

Eurex Repo Market average monthly outstanding volume was up 93 percent in December 2017, compared to the same time last year. The Deutsche Boerse subsidiary recorded an average monthly outstanding volume of €60.1 billion last month, up from €31.2 billion in 2016. Eurex's GC Pooling
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WENY News – Wall Street regains title as king of IPOs

LONDON (CNNMoney) — Move over Hong Kong. The New York Stock Exchange raised more money for companies going public than any other market in 2017. Initial public offerings on Wall Street raised $33.4 billion last year, allowing the NYSE to regain the top spot it last held in 2014, according to
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'Black Mirror' and Why Tech Should Be Feared

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. Good morning from Fortune's Los Angeles bureau. Andrew Nusca here, in for Adam. Have you seen Black Mirror? I am utterly captivated by season four of the dystopian Netflix (nflx) series, which for
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