Toronto foreign home buyer numbers don't add up, say critics

Toronto foreign home buyer numbers don't add up, say critics

As Toronto area housing prices have soared, so too has conjecture about … supply — not foreign buyers — is behind the region's rocketing market.
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Bank of England revises up UK growth forecasts

Mark Carney, Governor of the Bank of England smiles at a quarterly Inflation Report press conference at the bank in London, Thursday, Feb. 2, 2017.
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CMA hails Open Banking revolution

The UK's Competition and Markets Authority (CMA) has issued a final order which formally implements a package of reforms delivering Open Banking
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Freddie Mac Prices First Offering of KT Certificates Issued by Multifamily Aggregation Risk Transfer …

On the settlement date, Freddie Mac will sell to the FMPRE 2017-KT01 Multifamily Aggregation Risk Transfer Trust (KT Trust) approximately $1 billion
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ONLINE POLL RESULTS: Gov't should regulate banking fees

Among the Bill's critics is the Private Sector Organisation of Jamaica (PSOJ), which said that it is concerned with the proposals to amend the Banking
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JMP Securities Initiates Coverage on IBERIABANK Corporation (IBKC)

Investment analysts at JMP Securities began coverage on shares of … Lenders Title Company, an Arkansas-chartered title insurance and closing
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Museum of American Finance to Host Evening Program: “21st Century Banking: Bridging the …

On Thursday, February 9, the Museum of American Finance will host “21st Century Banking: Bridging the Digital Divide,” a fireside chat and panel
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Bastrop housing permits hit five-year high

According to a 2015 housing market study commissioned by the Bastrop Economic Development Corp., home sales in Bastrop could reach up to 250
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Deutsche Bank Chief Apologizes for Lender's Past Misconduct

From left: Deutsche Bank's chief financial officer, Marcus Schenck; chief regulatory officer, Sylvie Matherat; chief executive, John Cryan; and Christian
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PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2016 Results

Production includes the correspondent acquisition of newly originated government-insured mortgage loans for PennyMac Financial's own account,
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CMA issues final order on Open Banking

The UK's largest nine banks have been given a year to develop and adopt an Open Banking API interface for customer data sharing in a final order by
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Banks ordered to lift protections for business borrowers

Kate Carnell, the Small Business and Family Enterprise Ombudsman, says banks have more work to do to improve standards. Louise Kennerley.
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PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2016 Results

These gains were partially offset by net losses on mortgage backed securities (MBS) of $23.1 million; losses on distressed mortgage loans of $1.0
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MRI Interventions Selects Pacific Mercantile Bank as its Primary Banking Relationship

“We were impressed with the functionality of Pacific Mercantile Bank's cash management services,” said Hal Hurwitz, Chief Financial Officer of MRI
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NSE: Banking stocks moves index higher by 13bps

The Nigerian equities market reversed the 3-day downtrend on Thursday as bargain hunting in banking stocks drove the index 13 basis points upward
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Jitters over Trump keep weigh on global stock markets

CENTRAL BANKING: On Wednesday, the Federal Reserve left interest rates on hold after its latest policy meeting — as investors had expected.
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Longford continues to have highest level of mortgage default in country

In February 2015, Central Bank figures showed that Longford, at 19%, also had the highest level of residential mortgage arrears in the country.
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7 key facts you need to know about the 2017 Toronto housing market

It didn't take long for the GTA housing market to break the record for home sales set in 2015. After the hot 2015 GTA market saw 101,299 sales through
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Magazine names broker to Midwest real estate hall of fame

A local commercial real estate broker has been named to a trade magazine's 2016 hall of fame class. Colliers West Michigan said this week its EVP
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Greater Melbourne housing markets grew strongly in 2016

Melbourne, and other housing markets in the Greater Melbourne area, finished 2016 on a high note, according to Andrew Wilson, senior economist at
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