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Looser mortgage lending requirements would boost US economy: JPMorgan

In a year when the economy is expected to perform exceptionally well, there may still be opportunities for more growth, including mortgage lending.....»»

Category: topSource: foxnewsJan 12th, 2018

Jamie Dimon says fixing mortgage industry would boost lending by $300 billion a year

J.P. Morgan Chase’s CEO uses his annual letter to argue for streamlined regulations to boost mortgage lending and revive the economy......»»

Category: topSource: marketwatchApr 13th, 2017

UK Mortgage Lending and Consumer Credit Maintain Momentum in September

Britain’s housing market and consumer economy kept most of their momentum last month, lending figures from the Bank of England showed on Monday, leaving the central bank on track.....»»

Category: topSource: marketpulseOct 30th, 2017

JPMorgan gets boost from lending as trading slumps

(Reuters) - JPMorgan Chase & Co , the largest U.S. bank by assets, reported a 7.1 percent rise in quarterly profit on Thursday as gains from loan growth and higher interest rates more than offset a slump in trading revenue......»»

Category: topSource: reutersOct 12th, 2017

China"s Central Bank Announces Targeted Easing to Boost Small-Business Loans

China’s central bank announced it will free up funds for banks that boost lending to small businesses, in a targeted measure to balance support for the economy without aggravating already high corporate debt......»»

Category: asiaSource: wsjOct 1st, 2017

In One Chart: Bank stocks are telling a different story than bank lending

Bank stocks have shot higher over the last six months, on the prospect of a better economy, rising margins and a looser regulatory environment. But banks have slowed the pace of lending dramatically......»»

Category: topSource: marketwatchMar 21st, 2017

Why Higher Interest Rates Shouldn’t Worry US Property Investors Yet

The impact of the Fed's rise in interest rates on mortgage rates will be subdued while a healthy lending economy will help buffer the uncertainty with Trump's policiesRelated Stocks: FNMA, CIGI,.....»»

Category: blogSource: gurufocusMar 14th, 2017

Action on banknotes provides a boon to struggling Indian lenders

Lower lending rates have long been seen as a needed boost to India's economy, which grew at a 15-month low in the April-June quarter.....»»

Category: topSource: business-standardNov 11th, 2016

SunTrust Buying Pillar Financial to Expand Multifamily Lending

The same week it reported that mortgage and commercial real estate lending helped boost its third-quarter revenue, Atlanta-based SunTrust Banks announced an agreement to acquire the multifamily lending business of Pillar Financial, a boutique agency lende.....»»

Category: realestateSource: costarOct 21st, 2016

JPMorgan Q3 Earnings Easily Top on Solid Trading & Lending

Driven by improved trading and mortgage banking revenues, JPMorgan's (JPM) third-quarter 2016 earnings handily surpassed the Zacks Consensus Estimate. Driven by improved trading and mortgage banking revenues, JPMorgan Chase & Co.’s JPM t.....»»

Category: topSource: zacksOct 14th, 2016

Cut provides boost to economy: Ravi Uppal

During the last three years, RBI, while keeping a hawk's eye on inflation, had eased lending rates and liquidity norms progressively, but cautiously.....»»

Category: topSource: business-standardOct 4th, 2016

Canada just announced new measures to slow down its housing market

Flickr / Sue Richards(Reuters) - Canada will close a tax loophole and introduce a stress test to insured mortgage lending in an effort to boost the stability of the housing sector, the government said on Monday, its latest move to cool a market that some .....»»

Category: topSource: businessinsiderOct 3rd, 2016

BB&T agrees to $83 million settlement on mortgage-lending allegations

BB&T Corp. has agreed pay $83 million to settle allegations that it originated and underwrote mortgage loans backed by the Federal Housing Administration "that did not meet applicable requirements.” The U.S. Department of Justice announced the settleme.....»»

Category: topSource: bizjournalsSep 30th, 2016

Market Snapshot: Stock-market investors eager for more guidance on tax-cut impact

The first week of fourth-quarter earnings releases from U.S. corporation is confirming what most investors had already suspected: a lower corporate tax rate is likely to boost profits and may even percolate into the broader economy.....»»

Category: topSource: marketwatch2 hr. 19 min. ago

Mortgage lending franchisee rebrands his business

This is one of four Open Mortgage branches in Wichita......»»

Category: topSource: bizjournals18 hr. 4 min. ago

JPMorgan CEO Jamie Dimon got a 5% raise in 2017 — here"s how much he made

Chip Somodevilla / Getty Images JPMorgan CEO Jamie Dimon took home $29.5 million in 2017, a 5.4% boost compared to the previous year.  He helms the US' largest bank, whose stock beat the S&P 500 index by 4 percentage points. Jamie Dimon, .....»»

Category: topSource: businessinsiderJan 19th, 2018

DealBook Briefing: Apple’s Political Tax Bet

The iPhone maker has won plaudits from President Trump, but how much will its repatriation of overseas cash actually boost the economy?.....»»

Category: dealsSource: nytJan 18th, 2018

Here"s what GST Council may announce today after the crucial meet

Aiming to boost the struggling agriculture and rural economy, and encourage clean energy, the Council is expected to rationalise rates.....»»

Category: topSource: business-standardJan 18th, 2018

Council may cut GST rates for 70 items; 40 on revision list

Aiming to boost the struggling agriculture and rural economy, and encourage clean energy, the Council is expected to rationalise rates.....»»

Category: topSource: business-standardJan 17th, 2018

Budget 2018: Council may cut GST rates for 70 items; 40 on revision list

Aiming to boost the struggling agriculture and rural economy, and encourage clean energy, the Council is expected to rationalise rates.....»»

Category: topSource: business-standardJan 16th, 2018

Wells Fargo loses bid to end predatory lending lawsuit

A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's (WFC.N) bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers......»»

Category: topSource: moneycentralJan 16th, 2018