Thursday's business agenda

Thursday's business agenda

ECONOMIC DATA. US mortgage rates. New numbers for the average 30-year, fixed-rate mortgage will be released Thursday. Last week, Freddie Mac
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Politics May Hurt U.S. Bank 4Q Lending, Earnings: Fitch

2015 also likely impacted CRE loan growth; at the same time, banks are increasing consumer lending efforts, with many growing credit card balances,
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Anworth Reports Third Quarter 2016 Financial Results

BUSINESS WIRE)–Anworth Mortgage Asset Corporation (NYSE: ANH) (the “Company”) today reported its financial results for the third quarter ended
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ADB to lend $8b in 5 years

The Manila-based lender disclosed its lending plans as it announced its Country Partnership Strategy (CPS) at a programme at the National Economic
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Q3 results 'show pressure on Big 3 banks'

The profitability of Singapore's Big Three banks – DBS Group Holdings, OCBC Bank and United Overseas Bank – is under pressure, as seen by their
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What's Next in Real Estate? Markets, Trends to Watch in 2017

Real estate in 2017 is to be shaped by cities that meet not only the economic standards of a sustainable market, but also the demand for distinct
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Vancouver Home Sales Fall 39% as New Rules Chill Market

Vancouver home sales plunged 39 percent in October from a year earlier, the biggest drop since 2010, as new regulations chill Canada's most
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Is Being a Real Estate Agent Sufficient to Show Material Participation under the Passive Activity …

2016), the U.S. Court of Appeals for the Ninth Circuit held that a taxpayer's activities as a real estate professional were insufficient to show material
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OCBC builds up private banking as costs soar

OCBC Bank's chief executive officer Samuel Tsien said surging compliance costs are one factor spurring him to expand his Asian wealth management
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City approves new Queen Mary lease agreement with real estate firm

The agreement between the city and Urban Commons, a real estate investment firm, is the final step in a years-long negotiating process that will
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Genworth Australia Renews Lenders Mortgage Insurance Deal with CBA

MELBOURNE, Australia–Genworth Mortgage Insurance Australia Ltd. (GMA.AU) has renewed for a further three years a contract to supply lenders
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Schmidt Mortgage announces new hire to oversee business growth

“Ohio has seen a steady increase in mortgage volume, and with John's ability to create additional business opportunities via cross-selling to the
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American Capital Mortgage posts 3Q profit

BETHESDA, Md. (AP) _ American Capital Mortgage Investment Corp. (MTGE) on Wednesday reported third-quarter net income of $69 million, after
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For the first time, most mortgages aren't made by banks

… Penny Mac — in the third quarter made up 51 percent of the home loans out there, that's according to the trade publication Inside Mortgage Finance.
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How Crapo Would Lead Banking Panel If GOP Keeps Senate

If Republicans manage to keep a Senate majority following the elections next week, control of the banking panel will likely go to Sen. Mike Crapo, a
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ANZ Bank eyes sale of wealth management business as profit falls 18 per cent

ANZ Bank is considering selling off key parts of its wealth management arm after it launched a strategic overview of the business because of
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Neighborhoods gain amid changing trends

Property rounds: Neighborhoods gain amid changing trends ….. of smaller lots close to amenities, according to real estate experts and housing trends.
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Commericial Real Estate Trends in UK-Ebrima Jah 1 hour ago

Ebrima Jah, a real estate broker based in the UK and born in The Gambia, Africa, gives an overview of trends in the UK commercial real estate market
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Fed doesn't change interest rates, but hints it probably will soon

The Federal Reserve left interest rates unchanged Wednesday, six days … The housing market, whose meltdown triggered the 2008 financial crisis
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£570m of equity release lending in Q3 highest on record

Equity release lending hit £571.6m in the third quarter of this year – the highest quarterly value on record – according to figures from the Equity Release
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