In a move that the company says will enable it to “electronically support the full mortgage origination process,” Black Knight Financial Services acquired eLynx, a portfolio company of American Capital Ltd. …read more
From:: Real Estate Wire
Black Knight Financial Services acquires eLynx
In a move that the company says will enable it to “electronically support the full mortgage origination process,” Black Knight Financial Services acquired eLynx, a portfolio company of American Capital Ltd. …read more
From:: Real Estate Wire
BOK Financial Mortgage promotes account manager
After being with the company since 2013, Angelo Zakis received a promotion to account manager where he will correspond with credit unions across the nation. The company announced his promotion, and talked about what they say is their key to success. …read more
From:: Real Estate Wire
BOK Financial Mortgage promotes account manager
After being with the company since 2013, Angelo Zakis received a promotion to account manager where he will correspond with credit unions across the nation. The company announced his promotion, and talked about what they say is their key to success. …read more
From:: Real Estate Wire
Soros Fund reveals stakes in Apple, Fitbit, Yahoo; trims stakes in Google, Facebook
Soros Fund Management LLC, George Soros’ hedge fund, took new stakes in Apple Inc. , Fitbit Inc. , Netflix Inc. , Nike Inc. , Starbucks Corp. , and Yahoo Inc. , according to a regulatory filing submitted Monday. Most of the new holdings were on a relatively small scale, ranging from 3,100 shares in Apple to 141,924 shares in Yahoo. The fund also pared its stakes in several large companies and held 6,637 shares of Alphabet Inc. at the end of the first quarter compared with 65,570 at the end of the fourth quarter. Its stake in Facebook Inc. fell to 442,696 from 816,761 and it trimmed its stake in Amazon.com Inc. to 71,140 versus 106,363 shares. The one notable increase was eBay Inc. from 3,434,592 shares to 3,704,830. Meanwhile, Soros Fund no longer hold call options–an option to buy an asset at a specified price–in Alibaba Group Holdings Ltd. .
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Is Quicken Loans founder Dan Gilbert partnering with Warren Buffett to buy Yahoo?
Recently, Yahoo made it known that it is interested in selling off its “core business” as the company struggles with declining revenue. Quicken Loans founder Gilbert is reportedly among the interested bidders, and he has a huge name ready and willing to serve as his potential financial backing – Warren Buffett. …read more
From:: Real Estate Wire
Twitter adds BET chief executive to its board
Twitter Inc. added Debra Lee, the chief executive of entertainment network BET, to its board, Omid Kordestani, Twitter’s executive chairman, tweeted Monday. Twitter announced Hugh Johnston, chief financial officer and vice chairman at Pespi Co. and Martha Lane Fox, co-founder of a travel website and founder of a private karaoke company, as additions to the board last month. The stock was unchanged after hours Monday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Dow, Nasdaq log 3-days of gains in a row as energy, Apple lift Wall Street mood
U.S. stocks finished sharply higher Monday as gains in tech and a rally in crude futures helped the Dow and Nasdaq Composite score three straight days of gains. The S&P 500 also closed firmly higher led by advances in the energy, materials and technology. Tech’s rally was partially inspired by a nearly 4% rise in the shares of Apple Inc. . The Dow Jones Industrial Average finished up 178 points, or 1%, to 17,710, with Apple serving as the blue-chip gauge’s biggest gainer. The S&P 500 closed 20 points, or 1%, higher at 2,066, while the tech-heavy Nasdaq Composite Index climbed 57 points, or 1.2%, higher to 4,775. Meanwhile, June West Texas Intermediate crude rose $1.51, or 3.3%, to settle at $47.72 a barrel on the New York Mercantile Exchange. Crude’s early ascent helped underpin the day’s gains after a report from Goldman Sachs indicated that oil inventories were shrinking. Apple received a boost after it was revealed in a regulatory filing on Monday that Warren Buffett’s Berkshire Hathaway had purchased a roughly $1 billion stake in the iPhone maker during the first quarter. Investors also appeared to cheer a flurry of mergers and acquisitions news, including Anacor Pharmaceuticals Inc. agreement to be bought by Pfizer Inc. .
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
FHFA: More than 3.4 million homeowners used HARP
The Home Affordable Refinance Program is coming to a close this year, and is putting in its last efforts to encourage homeowners to take advantage. The agency announced how many homeowners took advantage of the program so far, how many could have, and what the qualifications include. …read more
From:: Real Estate Wire
MBA: 30-year mortgage rate predicted to hover around 4%
Get used to low mortgage rates because they are not expected to go anyway anytime soon. Mike Fratantoni, chief economist for the Mortgage Bankers Association, in a press conference at the MBA Secondary conference in New York City, gave insight on how the MBA expects the mortgage market to look moving forward. …read more
From:: Real Estate Wire