Friday, August 26, 2016

JIM ROGERS: The US dollar might turn into a bubble

The US dollar coud hit bubble levels as investors seek safe havens, according to legendary investor Jim Rogers.

"The dollar is going to get overpriced," Rogers said in an interview with Real Vision TV released Friday, "and the dollar might even turn into a bubble, depending on how bad the turmoil is."

Read more... http://www.businessinsider.com/jim-rogers-the-us-dollar-might-turn-into-a-bubble-2016-8

Credit Bureaus Are Making Lenders Buy Trended Data They Don t Need

Talk about jumping the gun.

Equifax and TransUnion have stopped offering traditional credit reports, replacing them with the more expensive trended credit reports that Fannie Mae plans to start using, but that other investors don't.

Read more... http://www.nationalmortgagenews.com/news/origination/credit-bureaus-are-making-lenders-buy-trended-data-they-dont-need-1085492-1.html?utm_medium=email&ET=nationalmortgage:e7472659:3925073a:&utm_source=newsletter&utm_campaign=daily%20briefing-aug%2026%202016&st=email&eid=16e805c5ca93b965a2235b123b9dc1af

Wednesday, August 10, 2016

HSBC and Bank of America Merrill Lynch use Hyperledger Project for blockchain trade finance

Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore (IDA) are using a blockchain prototype to streamline the paper-heavy world of global trade. The consortium used the Linux Foundation open source Hyperledger Project blockchain fabric, supported by IBM Research and IBM Global Business Services.

Read more... http://www.ibtimes.co.uk/hsbc-bank-america-merrill-lynch-use-hyperledger-project-blockchain-based-trade-finance-1575269

Sunday, August 7, 2016

On the farm or farm-to-table? Demand for housing near South Mountain could change rural vibe

Subdivisions, hundreds of homes and a farm-to-table restaurant project are slated to transform a part of south Phoenix known for its agrarian history.

The Baseline Road corridor — between roughly Central Avenue and 40th Street — is sparking development interest on sites that once were plant nurseries, gardening companies and groves. Decades ago, people knew the area by its acres of colorful flower gardens near the base of South Mountain that since have disappeared.

Read more... http://www.azcentral.com/story/news/local/phoenix/2016/08/02/phoenix-south-mountain-agrarian-lifestyle-suburban/87539190/

Canadians, investors poised for big profits selling metro Phoenix homes

It could be sell time for two big groups of metro Phoenix homeowners.

Many Canadians and institutional investors bought bargain foreclosure homes in the Valley during the crash. Now, they are poised to make a lot of money on metro Phoenix housing.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2016/07/24/canadians-investors-poised-big-profits-selling-metro-phoenix-homes/87355636/

REITs are on an amazing roll, but how long can it last?

Almost everything seems to be going right for REITs these days, which is a little worrisome.

Real estate investment trusts have benefited from the recovery of commercial properties. REIT shares generally trade in the stock market, so they have rebounded nicely as stock prices have hit records.

Read more... http://www.usatoday.com/story/money/personalfinance/2016/07/22/reits-real-estate-investment-trusts-dividends-risk-price/87048828/

Blackstone Tenants Get a Shot at Buying Their Rental Houses

Melissa Suniga and her mother had been renting a three-bedroom Phoenix house for less than a year when their landlord, Blackstone Group LP's Invitation Homes, gave them the chance to buy it.

Read more... http://www.bloomberg.com/news/articles/2016-07-05/blackstone-s-tenants-get-a-chance-at-buying-their-rental-houses

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