Mortgage rates surge after election, but homebuyers advised to be patient

A for-sale sign is posted Nov. 17, 2016, in front of a Miami home as interest rates for home loans climbed to nearly 4 percent in the wake of the election of Donald Trump asUS president. Reports say concerns over Trumps proposed spending and tax cuts are causing mortgage rates to rise.

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Despite Revenue Miss, Kinder Morgan a Compelling High-Yield Stock

But Kinder Morgan has rewarded those who showed some faith in the company at the start of the year. Here is why the company should be a part of your wealth-building strategy.

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CFPB’s Arbitration, Payday Plans May Be Derailed, Gutted

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Anthony Branda Joins Embrace Home Loans as New Chief Data Officer

Home Loans, a prominent leader in the mortgage industry, announced
today that financial services industry veteran, Anthony Branda, has
joined the national lender as its Chief Data Officer. In his role,
Branda will build an integrated omnichannel platform to strengthen
Embrace’s data intelligence to not only support continued growth, but
also enhance the customer experience.

Under Branda’s leadership, Embrace will develop a new data
infrastructure with more intelligence and customer insights for not only
better data decisioning, but also to better support its overall mission
of providing exceptional service. In addition, he will create a digital
nervous system to communicate digitally with customers and prospects, as
well as provide marketing automation to drive more customer outreach and
increase acquisitions.

“It’s not just about technology or data for technology’s or data’s sake.
It’s all about the impact,” said Branda. “My goal at Embrace is to build
out the necessary capabilities internally to have the competencies to
grow organically. We’re intelligently and methodically combining
technology with big data to create a CRM that improves the customer
experience, both online and offline. This digital nervous system is
critical to engage with consumers through the channels they prefer and
have the intelligence to make better decisions. It’s an exciting time
and I’m glad to be a part of it.”

“We’re pleased that Tony has joined our team and confident he will bring
a great deal of value to both our organization and our customers,” said
Kurt Noyce, president of Embrace Home Loans. “It is critical to have the
ability to quickly mine data to make better decisions and also provide
an exceptional experience. Embrace has long been an industry leader in
optimizing and modeling consumer data in effecting our marketing and
sales initiatives. As those consumers shift their buying behaviors,
Tony’s expertise and leadership will ensure we remain dedicated to
preserving our customer-centric model in today’s digital economy.”

Branda brings nearly 25 years of experience working in customer
intelligence and analytics for the financial services industry. He is a
recognized industry leader with the ability to execute digital, direct
and database marketing programs and all associated analytics. He has
worked in executive roles at several large-scale national financial
services organizations, including AIG, Bank of America, Citibank, RBS
Citizens and Wells Fargo. Most recently, he served as CEO of, a full-service marketing and analytics
consulting firm that worked with several digital lenders and
universities. Previous to that, Branda was a chief analytics officer for
Citibank North America’s Consumer Bank, where he oversaw the retail and
mortgage analytics center of excellence, staffed by 100 marketing and
analytics professionals in North America and India.

Aside from his career accomplishments, Branda serves as an adjunct
professor of digital marketing and customer intelligence at Pace
University’s Lubin Graduate School of Business. Currently, he is
pursuing a Doctorate in Business Administration in Marketing and

To support this new initiative, Embrace Home Loans is currently
expanding in both Rhode Island and New York. For information on open
positions, visit

About Embrace Home Loans

Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae
and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae.
Embrace Home Loans has remained a prominent leader in the industry,
having helped hundreds of thousands of individuals and their families
purchase new homes, lower their monthly payments and consolidate
high-interest debt since its inception. With 80+ offices and licensed in
46 states and DC, Embrace has been recognized seven times as one of
the Best Medium-sized Companies to Work for in America by Fortune
and four times as one of the Fastest Growing Companies in America by Inc.
The company has also been recognized eleven times as one of the Best
Places to Work in Rhode Island and as the Most Community Involved
Company in Rhode Island by Providence Business News. For more
information, please visit

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Could fed’s proposed curb on payday loans weaken Georgia’s ban?

Signs advertise short-term loans stands in Birmingham, Alabama, in 2015. The federal Consumer Financial Protection Bureau has released sweeping new proposed rules that take aim at the payday lending industry, but consumer advocates say they could undermine Georgias ban on such high-cost loans. Bloomberg photo by Gary Tramontina.

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Fall in number of Bankie’s taking out pay day loan but more still needs to be done says report

“Our dedicated officers have vast experience in dealing with financial management and can provide information which will allow residents to make informed choices.”

Following StepChange’s findings, SNP MSP for Clydebank and Milngavie, Gil Paterson, also backed calls for regulations around payday loan sharks to be tightened.

He explained: “Payday loans are a curse on poorer areas of my constituency and trapping the poor and working poor in financial bedlam.

“The FCA has to tighten the rules to combat payday loan-sharking – and the treatment of people in financial difficulty – for the good of our most vulnerable citizens.

“Unfortunately, the powers to regulate this industry rests with the UK government. If it were a devolved matter, I am sure the Scottish Parliament would have taken radical action to end this injustice.”

Chief executive of StepChange, Mike O’Connor, described how regulation can make “a significant difference” to broken markets, but acknowledged there is still work to be done.

He said: “It’s essential the FCA review the payday lending cap is broad enough to fix areas of consumer detriment and poor lending practices.”

He added that there is also a “clear and immediate need” for the government to examine more affordable forms of borrowing for financially vulnerable people.

To speak with a member of the Working 4 U team, call 01389 738296.

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Trump may be a boon for payday lenders

Payday lenders may benefit from President-elect Trumps victory, as unified Republican control of the federal government poses a threat to the payday lending rule proposed in June by the Consumer Financial Protection Bureau.

Congressional Republicans have said the rule is a top target, and they have several means of stopping it, although advocates of the rule wont let them do so without paying a price.

The rule, which was proposed in June, is dead in its tracks, predicted Allan Kaplinsky, the head of consumer financial services practice at Ballard Spahr, which represents some firms in disputes with the CFPB.

Speaking in downtown Washington Thursday, House Financial Services Committee chairman Jeb Hensarling mentioned the rule as one of two major financial rules promulgated by the unelected and the unaccountable that he hopes to work with Trump to reverse.

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New fire station may be funded through USDA

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Building wealth doesn’t just mean investing in shares

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LendUp fights big banks with $47M for compassionate credit cards

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