Capital Economics: Interest rates expected to climb much higher in 2019
Rising interest rates are predicted to slow consumption and investment growth in 2019, according to the latest U.S. economics data from Capital Economics. This spike in market interest rates is already contributing to higher borrowing costs for households...
Crowdfunding lending platform GROUNDFLOOR raises $4.2 million for itself, through crowdfunding
GROUNDFLOOR, a real estate lending platform that raises its loan funds via crowdfunding from the public, recently announced it raised an additional $4.2 million for itself in 2018, ultimately bringing its total for the last two years to $6.2 million....
Consumers can now freeze their credit for free
It hopefully just got a little more difficult for scammers to abuse someone’s credit information, because, as of Sept. 21, 2018, consumers can now freeze their credit at all three of the major credit reporting agencies, for free. Consider this one the â...
Airbnb petitions SEC for rule change to allow hosts to become shareholders
Airbnb is asking the Securities and Exchange Commission for a rule change so its hosts can become part owners in the company, according to a report from CNBC’s Sara Salinas. The rule in question is Rule 701, an SEC rule governing equity awards of privat...
Here are 4 "buy" cities for multifamily investment
Scouring the nation for your next cash cow multifamily acquisition? Look no further than these four underrated cities RealPage says have great upside. Things are a little too competitive for to be profitable for many investors in the primary markets. Real...
Apartment List: Housing legislation can't make it through Congress
Out of the 10,222 bills introduced so far in the 115th Congress, only 115 of those had to do with housing and of those 115, not a one made it to the Oval Office. According to a report from Apartment List, despite growing national concern regarding the hou...
MG Capital adds J.P. Morgan Executive Director Joanna Koutsos to its management advisory board
MG Capital, a private equity investment manager focused on Manhattan luxury residential properties, just added J.P. Morgan Asset & Wealth Management Executive Director Joanna Koutsos to its management advisory board....
HousingJobs: Why the job market for loan officers is promising
Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, an...
Restarting motor city
Five years ago, Detroit, the principal city in the Detroit-Warren-Livonia, Michigan Metropolitan Statistical Area, was declaring bankruptcy with debt estimates as high as $20 billion. This summer, those troubles seem comfortably in the rearview, according...
Maxwell launches new API to streamline loan applications
Tech 100 winner Maxwell just launched a new loan application and data enrichment API it has dubbed Maxwell ApplyID. According to Maxwell, the new tech enables clients to pre-populate loan application data and develop new customer intelligence capabilities...