Vietnam's HDBank becomes latest lender to go public

Lenders achieved double-digit profit increases in 2017 with strong credit growth of about 19%, Vietnam's National Financial Supervisory Commission said. Nonperforming loans were kept within 3% of total lending. Returns on assets and on equity among banks reached the highest levels in five years,
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Ripple, the white-hot cryptocurrency that has more than doubled in the past week, fell as much as 39 percent from the all-high reached yesterday. Bitcoin, which has lost some of its luster as of late to its smaller rival, was up as much as 11 percent Friday. Ripple fell to as low as $2.16 after reaching an
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Access National Bank in Reston, Va., is looking to be contrarian — yet careful — with auto lending. The $2.9 billion-asset bank has created an automotive lending division and hired an industry veteran to run it. But don't look for Access to immediately start making loans to car buyers. The group will
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The continued positive economic news is having an impact on expectations for the next Fed rate increase as seen in the CME Group's FedWatch Tool which shows the probability of a hike in March at 73% versus 51% just one week ago. Mortgage rates still aren't bad: The Freddie Mac Primary Market
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HUTCHINSON, Kan., Jan. 5, 2018 /PRNewswire/ — Data Center Inc. (DCI), the privately-owned developer of iCore360® core banking software and related technologies, was recently featured in a recent Banking Exchange magazine article on the outlook for core banking technologies in 2018 and
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Mortgage Applications Several important regular reports will be released in the week to come, including the MBA Mortgage Applications Survey and the Jobless Claims Report from the U.S. Department of Labor. The weekly MBA Mortgage Applications Survey will be released on Wednesday at 7 a.m.
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Earlier this year, Department of Housing and Urban Development Secretary Ben Carson said that HUD will look to “reinterpret” a controversial fair housing rule issued by the Obama administration in 2015. The rule in question is the “final rule” on Affirmatively Furthering Fair Housing, which requires that
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There are several areas of the market where I think the gains have been a bit excessive over the past couple of years (such as large-cap tech stocks), but the banking sector isn't one of them. The next few years should be good for the entire banking sector, and I wouldn't be surprised to see the big banks
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The lawsuit lays out the nature and details of the alleged theft, although the copy HousingWire reviewed is heavily redacted. In the lawsuit, Collateral Analytics stated that it views its models, processes, algorithms, workflow, negative knowledge, and data selection to be trade secrets. The company claims
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“Although domestic investors are the largest group of buyers of commercial real estate – accounting for about 35 per cent of the market up until the end of Q3 2017 – the majority of investors still come from abroad,” said Mr Curran. “Germany, the US and the UK led the way in 2017. This is a very healthy
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The Financial Ombudsman Service (FOS) has ordered the adviser firm Advance Mortgage Funding to pay more than £60,000 after an adviser gave unsuitable mortgage advice. The client, referred to as Mrs M, was 66-years old and retired with a pension income of £17,000. She lived in a house which
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After three years of explosive growth in purchases of multi-family loans, Fannie Mae and Freddie Mac may temper their activity in 2018 — but not by much. Many pros suspect that 2017 was the cyclical high-water mark for the mortgage agencies. “I think the expectation is things can't get a whole lot better
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SG Americas Securities LLC boosted its position in Masonite International by 1.4% in the second quarter. SG Americas Securities LLC now owns 2,395 shares of the company's stock worth $181,000 after purchasing an additional 34 shares during the last quarter. Prudential Financial Inc. lifted its
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Discover Financial Services (NYSE: DFS) and Stonegate Mortgage (NYSE:SGM) are both financials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, institutional ownership, risk and analyst
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Uber has changed transportation for millions of people. Ditto for Airbnb and hospitality. Industries and organizations previously immune to disruption have found themselves scrambling. Blame technology and Big Data if you like, but the fact remains: today nothing seems safe from new and unforeseen
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Cherry Hill Mortgage Investment (NYSE: CHMI) and New Residential Investment (NYSE:NRZ) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, analyst recommendations
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Local real estate experts shared what they're looking forward to in the coming year, and why many of them are worried about Hawaii's high housing costs. … Honolulu, like other high-value real estate markets, including San Francisco, Los Angeles and San Diego, may be disproportionally affected by the
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This is slowing what could be a far more robust recovery in the residential housing market, which desperately needs more homes. December's employment report did show the biggest monthly rise in residential construction jobs of 2017, but homebuilders are still looking for skilled labor. Housing starts
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While it may seem strange to hear a financial advisor suggest people invest in peer-to-peer lending, I'm not the only one who sees the value in these platforms. Kansas City Financial Advisor Clint Haynes told me he supports peer-to-peer lending as an alternative to the stock market for a few reasons.
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Now, the fates of hedge funds and other investors in mortgage-finance giants Fannie Mae and Freddie Mac could lie with an old adversary: the US … If the government relinquishes all or a portion of that money, profits could flow to investors who've sunk billions of dollars into Fannie and Freddie,
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