Articles Tagged with ''Amazon''

Amazon hiring head of newly-formed mortgage lending division

Exclusive information for LendingLife readers
Earlier this week, we reported to the LendingLife community that online shopping giant Amazon may be looking to get into the mortgage lending business, or at least that's the rumor among mortgage lending professionals. Well, after reporting that, we’ve received information that Amazon is currently looking to hire someone to lead their newly-formed mortgage lending division.
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Amazon rumored to be looking for big bank partner

Are mortgages close behind?
Online shopping giant Amazon may be looking to get into the mortgage lending business, or at least that's the rumor among mortgage lending professionals. While limited in scope, Amazon's plans are to start with offering checking programs first, then maybe move into the debt product space after. Here's the latest.
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ProTeck says Amazon will choose this city for its HQ2

Says housing market makes area the perfect finalist
Over the past several months, cities have battled it out to see who will be the home of Amazon’s planned second headquarters, and now Pro Teck says it may know which city will win. Pro Teck’s analysis shows this community may be well-positioned to receive the 50,000 new jobs expected with HQ2 due to its promising housing market and well-educated workforce.
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Amherst Capital: Amazon’s HQ2 choice to drive local housing demand up to 25%

HQ2's future location will see an uptick in demand
Real estate investment firm Amherst Capital Management released market commentary on Wednesday outlining the potential impact Amazon’s second headquarters could have on the already hot housing markets of the 20 cities being eyed by the ecommerce giant. Amherst Capital says: "Whether small or large, the area in which HQ2 eventually locates will be set for a housing market bump.”
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Amazon pick for second HQ likely in already overheated housing market

CoreLogic report shows home prices overvalued in half of shortlisted markets
The moment we’ve all been waiting on baited breath for finally happened, as Amazon revealed the 20 finalists for its second headquarters, commonly referred to as Amazon HQ2. Amazon is promising billions in investment plus 50,000 "high-paying jobs," but what else might come with that much corporate investment and new high-paying jobs? Higher home prices.
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Countdown: the top 10 stories of the year (3,4)

Here’s what our readers were most interested in
The next stories lined up on our countdown of the year’s top stories both brought news that shocked the housing industry. These articles outline decisions that seemed to come out of nowhere, and captured the attention of many readers.
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Quicken Loans brings Rocket Mortgage to Amazon Prime homeowners

Speedy and secure payments promised
Alexa can order you an Uber to take you to the grocery store, or you can ask Alexa to reorder groceries to be delivered. Alexa can also tell you when your Capital One credit card maxes out. And now Alexa can make your Quicken Loans Rocket Mortgage payment for you, quickly and securely.
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Monday Morning Cup of Coffee: Drama heats up in gubernatorial race for Ohio governor

Cities continue to vie for Amazon’s headquarters
Speculation continues to rise over which city Amazon will choose as its second headquarters. Meanwhile, outgoing CFPB Director Richard Cordray’s likely entry into the Ohio gubernatorial race isn’t the only drama surrounding the state’s upcoming election. All that, and more, in your Monday Morning Cup of Coffee.
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Monday Morning Cup of Coffee: What will Amazon's new HQ do to home prices?

Trump to announce new Fed chair this week
The deadline officially closed on applications to be the home of Amazon’s second headquarters. While the new headquarters is projected to create up to 50,000 new jobs, one negative side effect could be rising home prices for the city. Meanwhile, President Donald Trump is expected to announce next week who the much-anticipated Federal Reserve chair will be.
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