Foreclosures | Mortgages | Financing
Oregon residents should avoid doing any kind of business with Liberty One Mortgage because the company is unlicensed, unregistered, and is engaging in mortgage fraud, the Oregon Department of Consumer and Business Services said. During an investigation, it was discovered that the Studio City, California address Liberty One provided on documentation to Oregon homeowners was actually the location of an Indian food restaurant. …read more
From:: Real Estate Wire
Apollo Education Group Inc. shares declined in the extended session Friday after the parent company of the University of Phoenix said it received a second subpoena from the California attorney general’s office. Apollo shares fell 5.2% to $6.59. In addition to a subpoena received in August, Apollo said in a Securities and Exchange Commission filing late Friday the second subpoena calls for documents “relating to marketing, recruiting, compensation of enrollment advisors, complaints, financial aid, compliance, accreditation, other governmental investigations, private litigation and other matters, as well as additional information relating to marketing and services to members and former members of the U.S. military and California National Guard” going back to July 1, 2010. Back in July, the U.S. Federal Trade Commission required the company to produce documents concerning its business practices. Shares have fallen 32% year to date and are down 62% over the past 12 months.
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
The latest 3 points with Mat Ishbia, CEO of United Wholesale Mortgage, gives three quick snippets of advice that most lenders are concerned about: Relators and TRID, Millennials and Refinancing. …read more
From:: Real Estate Wire
SMS Assist, a mobile and cloud-based multisite property management company, announced its expansion into residential real estate with the creation of its residential service team. According to a release from the company, SMS Assist is launching its residential division with “major clients” already on board, including Colony Starwood Homes, Home Partners of America and others. …read more
From:: Real Estate Wire
SMS Assist, a mobile and cloud-based multisite property management company, announced its expansion into residential real estate with the creation of its residential service team. According to a release from the company, SMS Assist is launching its residential division with “major clients” already on board, including Colony Starwood Homes, Home Partners of America and others. …read more
From:: Real Estate Wire
While small, mortgage credit availability fell in January, dropping 0.4% to 123.8. The decrease was driven by a decline in some FHA and conventional offerings as compared to the previous month. …read more
From:: Real Estate Wire
While small, mortgage credit availability fell in January, dropping 0.4% to 123.8. The decrease was driven by a decline in some FHA and conventional offerings as compared to the previous month. …read more
From:: Real Estate Wire
Shares of GoPro Inc. rose 5% in late trading Friday after Microsoft Corp. announced a patent licensing deal with the wearable camera for certain file storage and other system technologies. Terms were kept confidential. “Microsoft’s licensing of personal wearable technologies is seeing strong demand as we partner with companies from all industries to optimize solutions for their customers around the globe,” Microsoft Technology Licensing LLC President Nick Psyhogeos said in a statement. Shares of GoPro had ended the day up 1.8%. Microsoft shares were flat in late Friday trading after ending the regular session down 3.5%. GoPro shares tanked earlier this week after the company posted weaker-than-expected fourth-quarter results and outlook.
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
U.S. stocks sold off on Friday to end the week with steep losses after two straight weeks of gains. Technology shares saw the biggest losses this week with the tech heavy Nasdaq Composite closing down 146.41 points, or 3.3%, at 4,363.14 on Friday and recording a 5.4% weekly loss. On Friday, investors grappled with a jobs report that had a weak headline number, but sharp improvements in wage growth and participation rate. The S&P 500 closed 35.40 points, or 1.9%, lower at 1,880.05 and ended the week 3.1% lower. The Dow Jones Industrial Average dropped 211.82 points, or 1.3%, to 16,204.83 and was down 1.6% over the week.
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
Twitter Inc. said Friday that it has suspended more than 125,000 Twitter accounts for “threatening or promoting terrorist acts” since the middle of 2015. Most of the tweets were related to ISIS, the company said. Additionally, the company said it had created bigger teams to review reports, which cuts down on response time. “We have already seen results, including an increase in account suspensions and this type of activity shifting off of Twitter,” the blog post said. Twitter added that it cooperates with law enforcement and anti-terrorism organizations. Shares of Twitter were down 6.5% Friday.
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