Markets On Friday, strong US eco data (durable goods orders, spending and income data and, last but not least, PCE deflators) all supported the market repositioning that already dominated the price action earlier last week. […]
30 May: Almost 400 Products Pulled From Shelves Hundreds of mortgage deals have been pulled by lenders over the past week, according to data from Moneyfacts, writes Mark Hooson. Borrowers have fewer residential and buy-to-let mortgages […]
Artificial intelligence has taken the world by storm. Thanks to recent advances in how algorithms function and their expanded capabilities, AI is being used in just about every industry under the sun right now – and […]
There is the possibility of a doom loop between Small US banks and commercial real estate. The scenario looks like this: Small banks in the US hold over 70% of commercial real estate loans. Prices […]
Louis R. Masaschi and his wife Jeanette Norman obtained loans by using phony financial information. The post Massachusetts Couple Indicted in Commercial Lending Fraud Scheme appeared first on Weekly Real Estate News.
Unlike the U.S., mortgage borrowers in the U.K. are required to renew mortgages on a cyclical basis. The post UK Homeowners Facing Mortgage Rates Over 5% appeared first on Weekly Real Estate News.
This is the first time that a Disney hotel is specifically designed around the Pixar brand. The post Disney Offers Preview of Upcoming Pixar Place Hotel appeared first on Weekly Real Estate News.
Borrowers seeking mortgage financing to purchase a home could find themselves saving $100 a month or more by shopping around, and locating cheaper lenders with which to do business. This is according to a new […]
As homeownership levels sank, rental housing levels increased. The post OUCH! US Homeownership Rate at Lowest Level Since 1970 appeared first on Weekly Real Estate News.
New York State’s Department of Financial Services (DFS) announced this week that mortgage lender and servicer OneMain Financial will pay a $4.25 million penalty due to lapses in its cybersecurity controls by “failing to effectively […]
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