What Will Mortgage Lenders Do Without Their COFI?

What Will Mortgage Lenders Do Without Their COFI?

Certain mortgage lenders use the COFI as the index for their adjustable rate mortgage loans. Explaining the reason for the discontinuance, the FHLB
See Original Article

Improved affordability should boost housing in 2019: Fannie Mae

Fannie Mae made a slight increase to its origination forecast, expecting housing affordability to improve in 2019 as mortgage rates remain flat and
See Original Article

Volkswagen Roars Overall While European Car Sales Keep Slowing

Volkswagen is on track to hit a new annual sales record, according to the Associated Press. The company has sold 9.9 million vehicles through
See Original Article

The Best and Worst of Metro Boston Real Estate

While Dickens didn't exactly have real estate in mind when he wrote this line, it's still a good description of the real estate market's ups and downs in
See Original Article

California Needs a Housing Revolution

SB 50 a Welcome Response to California Housing Crisis – Bloomberg …. To contact the senior editor responsible for Bloomberg View's editorials:
See Original Article

Crook jailed after building machine to copy victims' voices in £500k phone banking fraud

A CONMAN who built a machine to copy victims' voices in a £500,000 telephone banking fraud has been jailed. Tony Muldowney- Colston, 53,
See Original Article

Commonwealth Bank adds Apple Pay, Westpac could follow

Commonwealth Bank announced today it would make Apple Pay available in January 2019 for CBA and Bankwest customers who wish to make
See Original Article

The ASX gained but buying momentum waned

Broader Asian optimism was tempered by news that both US Commerce Secretary Wilbur Ross and Treasury Undersecretary for International Affairs
See Original Article

The Butina 11: Meet the Russians 'Handpicked' for Trump Event

The other Russians, most of whose names haven't previously been disclosed, are identified in documents reviewed by Bloomberg News. In addition to
See Original Article

A Word of Advice from the FDA: Don't Eat Glitter

The Food and Drug Administration has a lot going on these days, folks. It's recalling blood pressure medications and keeping an eye on Big Tobacco
See Original Article

Philip Morris International Inc. (PM) Shares Bought by Clearstead Advisors LLC

Clearstead Advisors LLC's holdings in Philip Morris International were … Jefferies Financial Group cut Philip Morris International from a “buy” rating to
See Original Article

Amazon Releases $30 Echo Wall Clock

In September, Amazon announced plans to launch an Echo-powered wall clock to help users visually track their timers. Today, the clock officially
See Original Article

Bank Of America Is An All-American Bargain

Now as we sit going into 2019, we have a bank generating a 15% plus return on tangible equity, without taking the excessive risks as in prior cycles.
See Original Article

I've been working in real estate for 7 years, and I have a warning for anyone trying to buy a home …

The real-estate market has been booming. So much so, that it seems like everyone and their mother is buying a new home, and I mean that in the most
See Original Article

Juncker Lashes Out at Hungary's Orban for Spreading Fake News

European Commission President Jean-Claude Juncker accused Hungarian Prime Minister Viktor Orban — who's drawn the ire of the European Union
See Original Article

Citing Kavanaugh, California Chief Justice Leaves Republican Party

After the Republican Party suffered severe losses in California in the recent midterm elections, the state's Chief Justice Tani Cantil-Sakauye was one
See Original Article

Concentric CEO: Connect With Society at All Levels of Business

Silverman tells Fortune that Concentric set boundaries around data flows as one measure to help prevent a system breach. “The key to our system is
See Original Article

Housing market a "tale of many different markets," says Susquehanna analyst

Housing market a “tale of many different markets,” says Susquehanna … Glick, CEO of Arrivva discuss what is causing the softening housing market.
See Original Article

FHFA rules out VantageScore as alternative model

The regulator of Fannie Mae and Freddie Mac this week banned VantageScore as an alternative credit-score model, citing issues with its ownership
See Original Article

Fannie Mae: Home sales to stabilize in 2019

Although economic growth is expected to slow in the new year, new data suggests the housing market will stabilize come 2019, according to Fannie
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.