Property crowdfunding may not give huge fillip to home ownership

PETALING JAYA: National House Buyers Association secretary-general Datuk Chang Kim Loong (pix) opined that property crowdfunding will not be able to significantly contribute towards increasing home ownership for first-time homebuyers.

“The property crowdfunding scheme will be structured as an investment product and will not be suitable for the majority of first-time homebuyers. The scheme will only be suitable for a niche segment of first-time homebuyers who are unable to get access to traditional financing,” he said.

Chang, who concurs with CBRE-WTW managing director Foo Gee Jen, said homebuyers must be fully aware that he/she is not taking on traditional financing and be […] Read more

NEWSBRIEF: Habitat for Humanity mortgage program for first-time homebuyers | Lillie Suburban Newspapers

Submitted by admin on Mon, 05/20/2019 – 12:00am

Twin Cities Habitat for Humanity recently created a mortgage program, which targets those who want to buy an existing house, but don’t earn enough to qualify for a mortgage from a traditional lender. The program enables Habitat to serve a broader income range, including those who may think their income is too high to qualify for Habitat. Households earning $40,000 to $80,000+ have successfully bought homes with Habitat in recent years.

 

Habitat Homeownership Program background

Twin Cities Habitat’s program expansion was made possible by an innovative […] Read more

First Republic Investment Management Inc. Acquires New Position in Equifax Inc. (EFX)

First Republic Investment Management Inc. acquired a new position in shares of Equifax Inc. (NYSE:EFX) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,387 shares of the credit services provider’s stock, valued at approximately $283,000.

Other institutional investors have also recently modified their holdings of the company. Oppenheimer Asset Management Inc. bought a new stake in Equifax during the fourth quarter worth about $34,000. Ellis Investment Partners LLC bought a new stake in Equifax during the first quarter worth about $36,000. […] Read more

401(k) retirement funds cover home renovations,

CLOSE

Overconfidence and bias are among the biggest mistakes for investors who want to protect their 401k savings.
USA TODAY

The 401(k) is considered the cornerstone of retirement, but when times get tough, some people treat it like a piggy bank.

Nearly 3 in 10 Americans dip into their retirement savings, according to Transamerica. The most common reasons include paying for higher education, dumping debt and footing the bill for unplanned medical expenses.

After all, life happens. That was the case for one married couple.

In 2013, Ashley and Tyler Patrick […] Read more

What to look out for in a Coalition government if you’re not a Baby Boomer

Catch The Feed 8:30pm Thursdays and 5pm Sundays on SBS VICELAND . Connect with us on Facebook, Twitter and Instagram.

The Liberal party has done a Steven Bradbury and won the federal election, despite every poll and punter claiming Labor had it in the bag.

While The Feed cannot translate exactly what Scott Morrison meant when he promised to “keep the promise of Australia to all Australians,” we’ve done a round-up of some of the policies that we think will impact young Australians most.

Housing

In a last minute election pitch, Scott Morrison announced a housing affordability package to help first home […] Read more

Equifax Inc (NYSE:EFX) Institutional Investors Sentiment Index Worsens in Q4 2018

Sentiment for Equifax Inc (NYSE:EFX)

Equifax Inc (NYSE:EFX) institutional sentiment decreased to 0.7 in 2018 Q4. Its down -0.54, from 1.24 in 2018Q3. The ratio dived, as 153 funds opened new and increased stock positions, while 220 trimmed and sold stakes in Equifax Inc. The funds in our partner’s database now hold: 111.39 million shares, up from 101.90 million shares in 2018Q3. Also, the number of funds holding Equifax Inc in their top 10 stock positions decreased from 4 to 2 for a decrease of 2. Sold All: 71 Reduced: 149 Increased: 110 New Position: 43.

Equifax Inc. provides information solutions and […] Read more

Jensen Investment Management Position in Equifax (EFX) Decreased as Valuation Rose; Johnson & Johnson Com (JNJ) Holder Blackhill Capital Trimmed Position as Stock Price Declined

Blackhill Capital Inc decreased its stake in Johnson & Johnson Com (JNJ) by 11.85% based on its latest 2018Q4 regulatory filing with the SEC. Blackhill Capital Inc sold 22,624 shares as the company’s stock declined 5.44% while stock markets rallied. The institutional investor held 168,276 shares of the major pharmaceuticals company at the end of 2018Q4, valued at $21.72M, down from 190,900 at the end of the previous reported quarter. Blackhill Capital Inc who had been investing in Johnson & Johnson Com for a number of months, seems to be less bullish one the $368.02B market cap company. The stock […] Read more

Philadelphia Trust Company Has Decreased Air Prods & Chems (APD) Position; Eaton Vance Management Has Trimmed Equifax (EFX) Stake By $339,543

Philadelphia Trust Company decreased Air Prods & Chems Inc (APD) stake by 66.12% reported in 2018Q4 SEC filing. Philadelphia Trust Company sold 15,020 shares as Air Prods & Chems Inc (APD)’s stock rose 13.89%. The Philadelphia Trust Company holds 7,695 shares with $1.23 million value, down from 22,715 last quarter. Air Prods & Chems Inc now has $46.21 billion valuation. The stock increased 0.23% or $0.49 during the last trading session, reaching $209.92. About 1.13M shares traded or 1.22% up from the average. Air Products and Chemicals, Inc. (NYSE:APD) has risen 12.35% since May 19, 2018 and is uptrending. It […] Read more

As Equifax (EFX) Shares Rose, Independent Franchise Partners Llp Has Raised Its Holding; Tybourne Capital Management Hk LTD Holds Position in Netflix (NFLX)

Tybourne Capital Management Hk Ltd increased its stake in Netflix Inc (NFLX) by 24.33% based on its latest 2018Q4 regulatory filing with the SEC. Tybourne Capital Management Hk Ltd bought 156,100 shares as the company’s stock rose 24.20% with the market. The hedge fund held 797,769 shares of the consumer services company at the end of 2018Q4, valued at $213.53M, up from 641,669 at the end of the previous reported quarter. Tybourne Capital Management Hk Ltd who had been investing in Netflix Inc for a number of months, seems to be bullish on the $154.97 billion market cap company. The […] Read more