The First Blockchain Roadshow in Saudi Arabia

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Saudi Arabia in moving aggressively executing its plans for digital transformation and economic diversification.

JEDDAH, SAUDI ARABIA, December 16, 2017 /EINPresswire.com/ — In line with Saudi Arabia’s Vision 2030 to diversify its economy and to …

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AeroLeads B2B Lead Generation Software bootstrapped to Profitability

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Aeroleads is a prospect generation software started with a vision to provide an intelligent solution to startups

BANGALORE, KARNATAKA, INDIA, December 16, 2017 /EINPresswire.com/ — AeroLeads is a Powerful web prospecting software and service …

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AeroLeads B2B Lead Generation Software bootstrapped to Profitability

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Surge in GSE Refinances, HARP Down

Author:  //  Category: Mortgage

The monthly number of government-sponsored enterprise mortgages refinanced turned sharply higher even as government-supported refinances fell to a new low.

In October, primary mortgage originators refinanced 142,687 single-family loans that are backed or owned by Fannie Mae and Freddie Mac.

That was a significant increase from the 128,738 GSE loans refinanced during the previous month and the most refinances since March 2017, when there were 143,455.


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Major IRS Glitch Could Delay Closings by Months

Author:  //  Category: Mortgage

A change in the technology utilized by the Internal Revenue Service has created a glitch in a system used by home lenders that could end up delaying mortgage closings by months.

The Yves system is used by the mortgage industry to verify that tax returns supplied by an applicant for a residential loan are not fraudulent. A vast majority of the 6 million mortgages processed each year depend on the system due to investor and regulatory requirements.

But mortgage industry vendors are reporting that as of midday Thursday, they have been unable to retrieve tax transcripts from the IRS at the pace needed to handle the daily volume of loans.


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Introducing TV-TWO: Blockchain Television That Allows TV Viewers to Earn Cryptocurrencies

Author:  //  Category: Mortgage

BERLIN, GERMANY, December 15, 2017 /EINPresswire.com/ — TV-TWO is pleased to announce the TV-TWO Smart TV App, the new gateway to broadcast television that provides consumers with a personalized video stream at no subscription costs. This new …

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Upcoming Holidays Eat Into Weekly Mortgage Biz

Author:  //  Category: Mortgage

As the heart of the holiday season approaches, new mortgage business is beginning to erode. Government activity was most impacted by the deceleration.

In the seven-day period that ended on Dec. 15, the U.S. Mortgage Market Index from Mortgage Daily was 147, declining by 7 percent compared to the previous week.

The index is an indicator of upcoming loan originations based on average per-user rate locks by clients of OpenClose. No adjustments were made for seasonal factors.


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Mortgage Brokers Operated AMC to Influence Values

Author:  //  Category: Mortgage

The owners of a Chicago-area mortgage brokerage are accused of operating an appraisal management company in order to influence appraised values on fraudulent loans.

Schaumburg, Illinois-based American Financial Mortgage Services Inc. was founded in 1993 by Steven L. Garcia and his brother, Michael R. Garcia.

Aside from its main office, the company operates branch locations in Dallas and in the Phoenix suburb of Mesa, Arizona. It also makes loans in California and Florida.


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Investment Firm Taking Stake in Guaranteed Rate

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An investment firm with interests in firms like Black Knight Inc., ServiceLink Holdings LLC and Ten-X LLC is taking a stake in Guaranteed Rate Inc.

Chicago-based Guaranteed Rate announced Thursday that it has reached an agreement to sell a material interest in the company to a private-equity firm.

While some of the proceeds will be used to repurchase shares from existing shareholders, Guaranteed Rate plans to use the remainder for general corporate purposes.


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Investment Firm Taking Stake in Guaranteed Rate

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Travel Insurance in Denmark Market 2017 Analysis, Opportunities and Forecast to 2020

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Travel Insurance in Denmark Market 2017 by Current & Upcoming Trends 2020

PUNE, INDIA, December 15, 2017 /EINPresswire.com/ — Synopsis
“Travel Insurance in Denmark to 2020: Market Size, Growth and Forecast Analytics” contains …

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Travel Insurance in Denmark Market 2017 Analysis, Opportunities and Forecast to 2020

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South America Is The Fastest-Growing Leasing Market

Author:  //  Category: Mortgage

LONDON, GREATER LONDON, UK, December 15, 2017 /EINPresswire.com/ — South America’s market for renting or leasing a widely diversified range of goods and intangible assets is still small, worth only 2.5% of the global total, but is growing at a …

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