Venezuela's Currency Is Doing Even Worse Than Previously Thought

Rates from the widely watched Dolartoday.com, known for arousing President Nicolas Maduro's ire on state TV, have lagged behind other markers that … With Venezuelans having limited access to official exchange markets, they're reliant on websites that track the rate and small exchange platforms to
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“None of the tariffs have been put in place yet, these are all proposals,” Kudlow said in an interview Wednesday with Bloomberg News. “We're putting it out for comment. There's at least two months before any actions are taken.” Administration officials throughout the day emphasized the U.S. is willing to
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Stone Point Capital LLC has acquired a majority stake in American Mortgage Consultants Inc, a provider of services related to residential mortgage … Founded in 1996, AMC provides a wide array of services relating to residential mortgage transactions, including securitization review, loan diligence and
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SAN DIEGO, Calif., Apr 04, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire's HW Tech100(TM) list of innovative housing technology
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The Department of the Treasury is recommending changes to the Community Reinvestment Act of 1977 (CRA), emphasizing the need to align the Carter-era legislation with today's banking environment. “Forty years since the passage of CRA, it is time for modernization to fit today's banking landscape
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“This solution will enable thousands of originators to realize the benefits of a digitally executed promissory note at the closing table,” said eOriginal Senior Vice President and General Manager of Digital Mortgage Simon Moir. “The eNote is the most important document of a digital closing because it is
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Winter doldrums behind, sellers hope for better spring market. By Alexander Soule and Jordan …. High-end sales have continued gathering strength in Greenwich after 2017 marked a new record for the town's luxury real estate market with four homes trading for $20 million or more. Overall, the average
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A number of other large investors also recently made changes to their positions in MATW. BlackRock Inc. grew its holdings in Matthews International by 7.8% during the 4th quarter. BlackRock Inc. now owns 4,166,858 shares of the company's stock valued at $220,010,000 after buying an additional
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The Chinese government says no country or multilateral organisation will stop it from lending to Zambia. Outgoing Chinese Ambassador to Zambia Yang Youming, says China's lending to Zambia is tied to specific development projects. Mr. Yang says as a sovereign country, China has a right to decide
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NEW YORK–(BUSINESS WIRE)–American Mortgage Consultants, Inc. (“AMC”), a leading provider of outsourced services to participants in the residential and consumer loan mortgage market, announced today that funds managed by Stone Point Capital LLC (“Stone Point”) have acquired a majority
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KILLINGTON—With 151 total property sales, “2017 was a record-breaking year for real estate sales in Killington, surpassing the number of sales at the peak of the market in 2006,” reported Kyle Kershner, broker/owner of Killington Pico Realty. The year 2006 saw 139 total sales, including all types of
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The tariffs are targeted to hurt pro-trump states, says Isaac Stone Fish, a senior fellow at Asia Society. In the brewing trade-war between the U.S. and China, the list of losers already outweighs the winners. President Donald Trump escalated tensions on Tuesday, proposing tariffs on a range of
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Facebook Inc. scans the chats and images that people send each other on Facebook Messenger, making sure it all abides by the company's rules governing content. If it doesn't, it gets blocked. The company confirmed the practice after an interview published earlier this week with Chief Executive Officer
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Liberty Property Trust (NYSE:LPT) closed its last session at $39.66. The stock traded within a range of $38.93 and $39.88. The company operates in the Real Estate sector with a market capitalization of 5.85 Million. Trading volume for Liberty Property Trust was 1.32 Million in its previous trading session.
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HousingWire: What does the current digital mortgage landscape look like? Simon Moir: When the mortgage industry began its digital transformation, the first phase largely focused on front-end applications that both improved the borrower experience and accelerated the capture of accurate supporting
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Purchase loans made to millennial mortgage borrowers rose month-over-month in February despite interest rates increasing at the start of the year, according to Ellie Mae's Millennial Tracker. About 83% of loans made to millennials in February were for the purchase of a home, an increase of two
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Apple Inc. hired Google's top artificial intelligence executive to help the iPhone maker catch rivals in one of the most-important fields of modern technology. John Giannandrea, who will report to Chief Executive Officer Tim Cook, has much work to do. Apple, which pioneered smartphones and tablets, has
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Bucknell alum Jay Wright in select company with 2nd NCAA title … Less than two years and a Texas two-step of titles later, the sharp-dressed Villanova coach is now in very select company. … That changed with their title run in 2016, before another loss in their second tournament game last season.
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“Ervin is an accomplished mortgage industry executive who's great at relationship building,” said Planet Financial Group President and CEO Michael Dubeck. “His unique experiences in sales, business development, and technology will help us continue to grow Planet Home Lending's consumer-direct
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