RBS to pay $1.1 billion to resolve US regulator's mortgage cases

RBS to pay $1.1 billion to resolve US regulator's mortgage cases

By Nate Raymond NEW YORK (Reuters) – Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed
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6 global cities that could be in housing bubble

Vancouver's housing market is the most at risk, according to The UBS Global Real Estate Bubble Index, thanks to skyrocketing home prices and strong
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Sydney housing market fourth on global bubble index

UBS said Sydney's housing prices, adjusted for inflation, peaked in 2015, after a 45 per cent rise since mid-2012 because of rapidly growing demand
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Wells Fargo launches investigation into retail banking sales practices

Former retail banking head Carrie Tolstedt has left the company, will get no severance and has forfeited unvested equity awards worth about $19
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NCR's Cloud-based Developer Portal to Aid Digital Banking

The world's leading consumer transaction technology provider, NCR Corporation NCR continues to make bank transactions easier. This time, the
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RBS pays £846m fine to US regulator for role in 2008 banking crisis

Royal Bank of Scotland is to pay $1.1bn (£846m) to a US regulator to resolve allegations it missold mortgage bonds to credit unions in the run up to
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title company positions available

TITLE COMPANY NOW HIRING LOOKING FOR AN ADMINISTRATIVE ASSISTANT Real Estate Title agency is seeking full time office
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Mortgages Risk MIS Analyst

The role of the Mortgages Risk MIS Analyst is principally to provide key technical support to the Mortgages Risk Management team for MIS, ad hoc
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Diebold Nixdorf crowdstorms ideas for digital banking future

Newly-created ATM giant Diebold Nixdorf is embarking on a massive online brainstorming effort, inviting people from outside the financial services
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Eby calls for army of auditors to examine B.C. real estate deals

NDP MLA David Eby is calling for more examination of Metro Vancouver homeowners who report poverty-level incomes, but own homes worth
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Home Lending Support

Mortgages, Join the elite Home Lending Solutions team! A great opportunity to work with the best mortgage originators in the country.
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Credit Cards

Take advantage of the variety of offers available from Citibank, including banking products like checking, mortgage loans and credit cards.
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The Wells Fargo Reminder: Incentives Can Be Dangerous

Think about the mortgage industry before 2008. The incentives were enormous and the cultures were lax. Mortgage brokers could often receive
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Add Hermione's House To Your Growing Harry Potter Real Estate Portfolio

Not long after hearing that the Dursley home is available for purchase, now there's another dwelling that achieved big-screen fame in a Harry Potter
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Real estate drone use on the rise

LONG BEACH – The real estate industry is getting into drones in a big way, and not just for luxury homes, industry professionals attending the
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CFPB: One Million Complaints Handled and Counting

The Bureau later expanded its complaint handling to include other areas of finance; mortgages were added early in 2013. Other categories include
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More charges against brothers involved in real estate Ponzi scheme

Thomas and James Mulholland were sentenced last month to between 10 and 20 years in prison for cheating real estate investors in the Lansing area
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Law to empower PSU bankers in final stages: Arun Jaitley

“A private sector banker may take decisions purely on banking considerations. Fear of consequences at times dilutes potential of leadership (in public
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Vancouver tops list of housing markets facing greatest risk

Vancouver has edged out London to top a global list of markets facing the greatest risk of having their housing bubbles burst. Under a formula devised
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Lending Club Welcomes Back Russell Elmer as GC

Lending Club Corp., the peer-to-peer marketplace that connects borrowers and investors, has hired its former deputy general counsel to take the legal
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Residential retail lender Prospect Mortgage opens Kauai branch

Residential retail lender Prospect Mortgage opens Kauai branch

Residential retail lender Prospect Mortgage announced Tuesday the opening of its Kauai branch in Lihue. The company offers home loan solutions
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State to require mortgage lenders maintain abandoned homes

ALBANY — New York financial regulators have issued proposed regulations to enforce a new law requiring most mortgage lenders to maintain
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1st Preference Mortgage celebrates grand opening

The Central Delaware Chamber of Commerce hosted a ribbon-cutting ceremony for 1st Preference Mortgage, Suite 202, 800 N. State St., Dover,
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RBS agrees $1bn US mortgage mis-selling deal

Royal Bank of Scotland has agreed to pay $1.1bn to settle some of the legal claims against it in the US for allegedly mis-selling mortgage securities in
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RBS Will Pay $1.1 Billion in Settlement Over Mortgage Securities

Royal Bank of Scotland Group Plc will pay $1.1 billion to settle National Credit Union Administration claims that it sold faulty mortgage-backed
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Able Lending Raises $100M in Debt Financing to Lend to Small Businesses

Austin-based Able Lending announced Tuesday it has raised $100 million in debt financing to provide about 500 more small business loans across
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Corrections & Amplifications

Less than 0.5% of Perry Capital LLC's losses last year were from a bet on Fannie Mae and Freddie Mac. A Money & Investing article Tuesday about
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Lawyer: Real Estate Heir Durst Has Been Moved to Indiana

Lawyer: Real Estate Heir Durst Has Been Moved to Indiana … An attorney for New York real estate heir Robert Durst says he's been moved to a
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BRIEF-Owens realty mortgage announces agreement to sell the Chateau at the…

BERLIN, Sept 28 European Central Bank President Mario Draghi is set to face tough questions from German lawmakers on Wednesday about the
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RBS to pay $1.1bn to settler mortgage-backed securities lawsuits

Royal Bank of Scotland is to pay $1.1bn (£846m) to settle US lawsuits over claims it sold toxic mortgage securities to two American credit unions in the
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5 Ways to Get the Most out of Rocket Mortgage if You're Refinancing

Since Rocket MortgageSM by Quicken Loans launched nearly a year ago, Americans in all 50 states have used it to close more than $3 billion worth
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Amid housing crisis, North Tahoe-Truckee real estate sales thrive

The real estate market is performing well so far in 2016, despite concerns of a … Grace said 37 percent of home sales were for mid-range properties
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Wells Fargo Claws Back Millions From CEO After Scandal

s board said it plans to claw back $41 million in compensation from Chairman and Chief Executive John Stumpf as punishment for the bank's
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ESI Lost After Duty To Preserve Had Been Triggered Results In Limited Sanction Under New Rule …

In First American Title Insurance Company, et al v. Northwest Title Insurance Agency, et al, No. 2:15-cv-00229, 2016 U.S. Dist. LEXIS 118377 (D. Utah,
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Joe Biden Slams Donald Trump's Comment That Housing Crisis Was 'Good Business'

“This is a guy who said — and wants to be president — that it was good business for him to see the housing market fail. What in the hell is he talking
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Part time real estate receptionist/assistant

Family owned real estate company located in San Lorenzo is looking for a part time receptionist/administrative assistant. Monday thru Friday 10-2 and
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Banks hurting themselves by dragging out mortgage bond probes, Justice official says

Banks hurting themselves by dragging out mortgage bond probes, Justice official says. A 'cloud of uncertainty' hangs over them longer and they face
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Goldman Sachs Gives a Glimpse Into Its New Lending Plans

The head of Goldman's new consumer-banking push, Stephen Scherr, spoke publicly about the firm's online-lending effort for the first time Tuesday,
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Wells Fargo CEO will forfeit $41 million in pay after banking scandal

WASHINGTON (AP) — Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of
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Trainee Mortgage Advisor- No Experience Needed

Start working as a Qualified Mortgage Advisor by completing the CeMAP Level 3 Certificate in Mortgage Advice (accredited by the London Institute of
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Flow-basis deal debuts

Flow-basis deal debuts

Freddie Mac is rolling out a new front-end credit risk transfer offering dubbed Freddie Mac Deep MI CRT. Through a forward credit insurance policy
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WHO'S NEWS: The latest new hires and promotions

OneTitle National Guaranty Company, Inc. announced the addition of real estate industry expert Rebecca Mason, who will serve as Executive Vice
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Industry Leaders to Highlight NYC Real Estate Tech Week Event

Global real estate conference organizer Reed MIDEM, along with real estate technology startup accelerator MetaProp NYC, have announced their
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NY to require mortgage lenders maintain abandoned homes

ALBANY, N.Y. (AP) – New York financial regulators have issued proposed regulations to enforce a new law requiring most mortgage lenders to
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New Trial for Plaintiff After Juror Lies About Litigation

Brevard Estates spent nearly two years litigating its case against Miami-based Attorneys' Title Insurance Fund Inc. It sued the tile company for
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Ashurst lures back banking partner Ward before Paul Hastings move

Ashurst lures back banking partner Ward before Paul Hastings move … Ashurst has lured back banking partner Nigel Ward, who announced he would
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The Global Housing Bubble Is Biggest In These Six Cities

In the latest report by UBS wealth Management, which compiles the bank's Real Estate Bubble Index, it found a new champion for the title of “world's
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FHA Opens Door for 'Spot Approvals' for Condo Loans

While it appears to give FHA plenty of flexibility, the National Association of Realtors is not pleased because it conflicts with changes called for in a
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Consumer confidence hits highest level since recession

Consumer confidence hit its highest level in nine years, right about when the last recession began, according to the Consumer Confidence Survey
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10 fast facts about credit union mortgage lending

Credit unions are known for having lower fees on their lending products: A bank's goal is to increase revenue, often at the expense of their customers,
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BRIEF-DHI Mortgage Company Ltd enters into a third amendment to second ame…

NEW YORK, Sept 27 (IFR) – Ecuador priced its second bond in a matter of months on Tuesday, seizing its chance to raise US$1bn from investors still
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Appraisal volume remains quiet in September

In the latest report from a la mode, which is provided exclusively to HousingWire, the National Appraisal Volume Index fell a modest 0.2% for the week
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Publix promotes 2 real estate execs

Publix Super Markets said it was promoting two real estate executives to support the brand's new market expansion. The Lakeland, Fla., retailer said
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Report: Wells Fargo Considers Clawing Back Executive Pay Over Fake-Account Scandal

The Journal, citing a source familiar with the matter, said the bank wants to … At a Senate Banking Committee hearing last week, Stumpf was sharply
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Allianz eyes options for OLB banking unit

Allianz eyes options for OLB banking unit … exploring options for regional private bank Oldenburgische Landesbank AG (OLB), Allianz and OLB said
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Silicon Valley Innovation Center Banking Disrupted Summit 2016 Brings Out Financial Tech Giants

Banking Disrupted summit showcased industry leaders such as OnDeck, Elevate, and LearnLux as well as notable companies like Western Union,
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JPM Hires Moven Co-Founder Alex Sion as Banking, Fintech Converge

JPMorgan Chase has hired Alex Sion, co-founder of the mobile-only neobank Moven, to lead its mobile apps. The move is an example of how banks
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Deutsche Bank shares fall to new low after another turbulent day

Deutsche Bank has endured another turbulent day on the stock market amid questions about its ability to pay a penalty to the US authorities and
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Fifth Third exec ranks among most powerful women in banking

One of Fifth Third Bancorp's top leaders has been named among the most powerful women in the banking industry. Fifth Third (Nasdaq: FITB) chief
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Family Investment Center Says Ditch the Conventional Belief of Paying off Mortgages Early in …

For investors thinking of paying off a mortgage early or making extra payments, Family Investment Center says “ditch the conventional advice.” Instead
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Can AI Be Programmed to Make Fair Lending Decisions?

Can AI Be Programmed to Make Fair Lending Decisions?

As lenders dabble with artificial intelligence in credit decisions, debate has stirred around whether AI and even more traditional decision-making
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Will Mortgage Bonds Be the Next Disaster—Again?

For some investors, any mention of US mortgages takes them back to the dark days of 2008. But today's mortgage bonds aren't the devils some market
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The Good Old Days Return for ​Housing Prices

Specifically, housing prices continue to strengthen, and have now risen nearly 40% from the lows of 2012; this is very good news for homeowners.
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Swiss bank UBS report says Vancouver real estate market tops housing bubble risk

The rise in Vancouver's average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely
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Desert housing market: Sales, prices up in August

Home sales and prices in the Coachella Valley ticked up year over year in August, according to data from real estate research firm CoreLogic
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How the Federal Reserve and Congress Have Failed the Banking System

The smaller banks of America, those whose asset size is less than $250 billion, have not been doing well since the financial collapse that came in
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Housing Market Catches a Second Wind

Despite sitting at a considerably lower rate than at this time last year, demand for housing appears to be on its way up, according to data released by
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Online Lending Startup LendUp Will Pay Millions In Penalties

The online lending startup LendUp will pay compensation to its customers and a penalty to a federal regulator, which said the company “hid the true
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Rogers gets into real estate with massive condo project

Now it will serve as the site of the first project for Rogers Real Estate Development Limited. To call this an ambitious start would be an understatement.
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Coldwell Banker hosts Luxury Real Estate Event

It was a wonderful day in San Diego, especially for discussing the latest real estate trends sweeping the luxury market. On Sept. 14, Coldwell Banker
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WFG National Title moves to Camelback Corridor

A prime location in the heart of the Camelback Corridor attracted WFG National Title Insurance Company (WFG) to a new lease at 2777 E. Camelback
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MRC closes on $52M mortgage deal for East Village development

Madison Realty Capital (MRC) has provided a $52 million first mortgage loan for the acquisition of a development site in the East Village and
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Georgia offers mortgage assistance to homeowners

VALDOSTA, GA (WALB) –. A new program is helping folks in Georgia who are behind on their mortgages. Starting September 28, The Georgia
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Real Estate, This Patent Troll Win is for You

It's common today for real estate brokerages to have systems in place for sending email alerts whenever there's new or updated listings that customers
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Mortgage lender opens new Franklin office, will help 'heroes' buy homes

So a mortgage company opening a new office in Franklin on Tuesday is partnering with the national program, “Homes for Heroes.” Homestar Financial
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Ex-Morgan Stanley Trader Is Latest Caught in Mortgage-Bond Probe

Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and barred from
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Mortgage refinancing still attractive with current interest rates

Mortgage rates remained at their near-standstill this week after a so-so employment report. And home values in many areas are consistently
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European Banking Stocks Declining on Tuesday

European Banking stocks are declining today as the companies work to reduce cost and Deutsche Bank (DB) is pressured by the DOJ.
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Return of the shared-equity mortgage

Industry superannuation fund-owned bank ME is working with one of its super fund partners to develop a shared equity mortgage and is working
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First-time homebuyers, here's a primer on mortgage options

There are many different loans on the market. Contact at least three different mortgage lenders, columnist Benny Kass advises, and ask them to give
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Transaction Manager for Top-Producing, Chester County Real Estate Team

Transaction Manager for Top-Producing, Chester County Real Estate Team

Who do you know? The Moore Maguire Real Estate Group is Hiring! We are looking for a skilled self-starter to handle Transaction Management for
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Sentenced for mortgage fraud, Bradenton man still maintains his innocence

A former Bradenton pastor was sentenced to three years in federal prison for being part of a scheme to defraud mortgage lenders. The U.S. Attorney's
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Vancouver tops list of 'bubble' cities on global real estate risk ranking

Postmedia NewsThe UBS Global Real Estate Bubble Index 2016 listed 18 cities around the globe and their risk and found Vancouver with the greatest
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U.S. Faults Foot-Dragging Banks Amid Deutsche Bank Talks

The Justice Department, locked in settlement talks with Deutsche Bank AG, said that several lenders caught up in long-running mortgage securities
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Swift CEO details three more failed attacks on banking network

Banks stopped three new attempts to abuse the Swift financial transfer network this summer, its CEO Gottfried Leibbrandt said Monday, as he
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Retail lending NBFCs emerge as a sweet spot for PE investors

In June 2015, Mint reported that Multiples PE is incubating a mortgage lender to target urban lower and middle classes who work in the informal sector
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Perry Closes Flagship Fund as Clients Flee After Losses

These include investments in mortgage giants Fannie Mae and Freddie Mac. At its peak, Perry Capital managed $15 billion of investor money.
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Do Major League Stadiums Help or Hurt Housing Markets?

But when it comes to housing alone, new stadiums are a boon for local home sales, but don't always contribute to home price appreciation. Sales of
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Asia: Where American Investment-Banking Dreams Go to Die

No American or European bank sits higher than seventh in the rankings, … Chinese banks had just an 8% share of investment-banking revenue in
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NYDFS reportedly looking into Caliber Home Loans

Lone Star Funds has made a habit of buying up non-performing loans from Fannie Mae and Freddie Mac through its trust, LSF9 Mortgage Holdings.
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Pittsburgh real estate firm buys former GlaxoSmithKline headquarters in Moon

Real estate firm Burns & Scalo recently purchased the GlaxoSmithKline headquarters near the Parkway West for $19 million. The deal closed last
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Less Percent Real Estate Launches in the Big O-Town

27, 2016 (GLOBE NEWSWIRE) — After its successful launch in South Florida and regions of California, Less Percent Real Estate, LLC is introducing its
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Mortgage Loan Processor/Underwriter

Loan Processor/Underwriter – East Cobb/Marietta, GA Primary Duties and Responsibilities: Verifies, compiles, and types application information for m.
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Banking bonuses holding back innovation, says EY

Image Caption GoesHere Innovation within investment banks is being stifled by the incentives of annual performance bonuses, according to a market
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The big banks have paid out $200 million in compensation

We now have a pricetag for the recent spate of “bank bastardry” – as government MP Warren Entsch has colourfully characterised a mounting litany of
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Veteran banking analyst believes Deutsche Bank is 'too big to fail'

Germany won't allow Deutsche Bank to collapse but the government is likely to wait until it becomes politically expedient for it to throw the bank a life
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Release the hounds: Attack email targets Compass, alleging number fudging and toxic work culture

Forget Decision 2016. The real estate world is dealing with its own version of a political attack ad. A 16-page presentation and YouTube video sent to
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Trade LeGarrette Blount in Fantasy Football? Outlook for RB After QB Tom Brady's Return

Should you sell high right now on LeGarrette Blount in fantasy football this week? Fantasy football owners who have Blount as one of their running backs have enjoyed three productive weeks…
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Risk-sharing pilot expands role of private insurers

Freddie Mac rolled out a new risk-sharing pilot program this week to test the waters for eventually seeking deeper coverage of loan-default risk
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Austin-based Able Lending secures $100 million to make small business

At a time when alternative online loans are under scrutiny, Austin-based Able Lending said it has se…
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Tell Mel: Pastor who committed mortgage fraud gets 3 years

Tell Mel: Pastor who committed mortgage fraud gets 3 years

Machado, 50, said he was an “unwitting participant in the conspiracy” orchestrated by a mortgage broker and took the case to trial. He didn't speak
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L&G reports record growth in UK and US pensions business

The company reported strong sales in lifetime mortgages, which L&G only began offering last year, with expected sales likely to exceed £500m in
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'The housing market is only going to get worse' – The time I viewed a €1k one-bed garden flat in …

With Ireland smack-bang in the middle of a housing crisis now, and the … On the Irish property market, however, a studio can be far from glamorous.
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Gateway Mortgage Group Expands Correspondent Lending Channel

TULSA, Okla.–(BUSINESS WIRE)–Gateway Mortgage Group, a privately held mortgage company offering originations, servicing and correspondent
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Equifax Gives More Consumer Information To Mortgage Lenders

Equifax has announced that it is changing what information it supplies to mortgage lenders when they check the credit of an applicant. Equifax
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Russia needs 3-5 years to have healthy banking industry – cenbank

MOSCOW, Sept 27 (Reuters) – Russia needs three to five years to create a robustly operating and well capitalised banking system without criminal
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Credit Plus Launches Educational Video Series For Mortgage Professionals

Credit Plus has created a new informational video series, America's Mortgage News, that will provide mortgage professionals with news about
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The UCD Mandate is One Year Away Get Ready Now

Today, Freddie Mac and Fannie Mae (the GSEs) announced that the Uniform Closing Dataset (UCD) file must be submitted for all loans delivered to
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Google-backed LendUp fined by regulators over payday lending practices

Online lending start-up LendUp, which has billed itself as a better and more affordable alternative to traditional payday lenders, will pay $6.3 million in
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6 Ways to Up Your Odds of Getting a Mortgage

Sometimes, when your credit is less than stellar and you're not making a huge paycheck, getting a mortgage can be tough. But there are some things
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Fintech LendUp fined for violations of payday and installment-lending laws

The San Francisco-based lender, which specializes in small-dollar loans to risky borrowers, agreed to pay $2.7 million in a settlement with the
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Able Lending Secures $100 Million for Small Business Loans

Able Lending announced Tuesday that it has secured $100 million in debt financing from Community Investment Management to provide low-cost
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Zillow Mortgages Reports 6 bps W/W Drop in 30-Year Fixed Rate to 3.24%

The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.24 percent, down 6 basis points from this time last week. The 30-year fixed
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London house prices: UBS in London property bubble warning

At the top of London's market, demand cooled amid a series of tax hikes, including stamp duty rises for expensive and additional homes, the
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The Rise Of Peer-To-Peer (P2P) Lending

The result was the rise of peer-to-peer (P2P) or marketplace lending which offer simplified and quick procedures, quick lending decisions and better
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Marketing (Product) Executive

These days, mortgages are rarely out of the headlines, which makes it even … Our Mortgage Customer Management Team has a vision to deliver a
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Barclays alone in evading the Emea investment banking gloom

The UK bank hasn't had a dedicated head of investment banking since veteran Tom King left in March. A new chief executive of corporate and
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Shiller: Housing Prices Are Boring Now

Robert Shiller, Yale University professor of economics and finance, discusses U.S. home price data for July according to the S&P CoreLogic
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Brexit Real Estate Backlash Fans Rush Into 'Hot' Swedish Market

In Sweden, where interest rates are negative, politics are stable and economic growth is brisk, a quick look at publicly traded real estate companies
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Denver's home-resale price gains still strong; well over national average (Video)

Average year-over-year price increases in the 20 big cities averaged 5 … Denver's Case-Shiller home price index reached a new high of 187.42 in
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UBS: These 6 housing markets around the world are closest to a bubble

UBS: These 6 housing markets around the world are closest to a bubble

Vancouver's housing market is more likely to be in a bubble than any other major city in the world, according to UBS Wealth Management. The bank's
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'Massive' shortage of appraisers causing home sales delays

The share of on-time closings has dropped from 77 percent last April to 64 percent today for loans backed by Fannie Mae and Freddie Mac, according
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Stocks rise as investors optimistic on real estate

The real estate sector in general gained 2.23 percent. Beijing Dalong Weiye Real Estate Development Co jumped the daily limit of 10 percent to 5.81
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Egypt- EFSA made legislative amendments to attract major companies to insurance, financial …

(MENAFN – Daily News Egypt) The Egyptian Financial Supervisory … The authority also works on developing mortgage finance estimated at EGP
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What is LTV?

Loan to value or LTV is all about the value of your mortgage in relation to how much your property is worth. The Hanley Economic explain more in their
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Big Banks Have To Up Their Games To Push Back Against FinTechs

The leading banks need to improve their customer service, maximize their security, minimize complexity and add value beyond payments if they want
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3 Queensferry Place Greenvale Vic 3059

A Lifestyle of Impressive Prestige. 5 bedrooms House for Sale. Contact Agent. 3 Queensferry Place Greenvale Vic 3059. Listed by Jason Real Estate
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South Florida home prices grow in July as nation approaches 2006 peak

South Florida's home prices continued their years-long trend of growth in July, all while national home values near their peaks set before the crash in
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Here's what Trump, Clinton said about housing in first #debatenight

… housing is not at the top of their priority list. As for the rest of the debate? This tweet from former HousingWire CEO Paul Jackson about sums it up:
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UCD Mandate is September 25, 2017 Your One-Year Transition Starts Now

Freddie Mac and Fannie Mae (the GSEs) communicated on May 24, 2016, that the Uniform Closing Dataset (UCD) would be required for all deliveries
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Brooklyn Man Convicted in Murder of Hasidic Real Estate Developer Menachem Stark

(JTA) — A Brooklyn construction worker was found guilty of kidnapping and murdering Hasidic real estate developer Menachem Stark. Kendel Felix
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Financial CRISIS: Will Deutsche Bank collapse be WORSE than Lehman Brothers in 2008?

Phoenix Capital Research, an investment research firm based in Washington DC, believes that the trouble at Deutsche Bank signals a banking crisis
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TPG Specialty Lending Inc. (NYSE:TSLX) Receives Consensus Rating of "Buy" from Analysts

Shares of TPG Specialty Lending Inc. (NYSE:TSLX) have earned a … Zacks Investment Research raised TPG Specialty Lending from a “hold” rating to
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Current Mortgage Rates for Tuesday, September 27, 2016

Mortgage rates started the week on a downward trajectory, and that trend is continuing today. The yield on the 10-year U.S. treasury note (the best
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Housing market remains stable

U.S. home prices have exploded in a few major cities and rose solidly in July for the country overall. Despite consistently rising prices, the housing
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A Tale of Two Housing Markets: Can Coastal Home Prices Keep Rising?

While the exact numbers will vary depending on where you live, the latest survey of real estate experts forecasts that home prices will end 2016 up 4.5
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Valley Green team left Univest, sets up Spring Garden Lending

… new company, Spring Garden Lending Group LLC, “specializing in short-term loans to help acquire, rehabilitate, construct, and refinance investment
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Vancouver, London Top List of Cities at Risk of Housing Bubble

Vancouver, London and Stockholm rank as the cities most at risk of a housing bubble after a surge in prices in the past five years, according to a UBS
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Ulster Bank targets greater share of Irish mortgage market – RBS chief executive

Ulster Bank will – continue cost reduction, increase mortgage market penetration (from the current 18pc market share), and increase capital efficiency
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Inland Real Estate Acquisitions, Inc. Purchases Vanguard Northlake Apartments in Charlotte, North …

OAK BROOK, Ill.–(BUSINESS WIRE)–Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of Vanguard Northlake,
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Mortgage Rates Today, Tuesday, Sept. 27: Rates Keep Dropping, New Homes in Demand

Mortgage Rates Today, Tuesday, Sept. 27: Rates Keep Dropping, New Homes in Demand

Thirty-year and 15-year fixed mortgage rates as well as 5/1 ARM rates saw notable dips, according to a NerdWallet survey of mortgage rates
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London houses are second most over-valued in world – UBS

London now has the second most over-valued property market in the world, beaten only by Vancouver in Canada, according to a new “Bubble index”
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Local company donates $10000 to Lucas County sheriff's anti-opiate program

Louisville Title Company collected a portion of closing fees for the efforts against heroin and opiate abuse. Jim Lindsay, president of Louisville Title,
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AB “Linas” has signed lending contract with AB DNB bank

Linas Notification on material event. AB “Linas” has signed lending contract with AB DNB bank. Panevezys, Lithuania, 2016-09-27 07:12 CEST
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10 Must Reads for the CRE Industry Today (September 27, 2016)

Incumbency Bodes Well for the Real Estate Market “The presidential … If the post-election market trends over the last thirty years are any indication,
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Parrent Watching: Time to Buy Ares Commercial Real Estate Corp After The Completion of This …

The Company's financing solutions are comprised of its target investments, which include the following: Transitional senior mortgage loans, Stretch
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Nearly 3000 mortgage approvals in August despite low supply

Nearly 3,000 mortgages were approved in August 2016, a rise of 37 per cent on August last year. The new figures published by the Banking and
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Home prices still on a slow track upward, Case-Shiller report shows

Slowly but steadily, home prices in South Florida continued to rise in July, and once again performed above the national average, according to the
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We're No. 4: Dallas remains one of hottest housing markets in 20-city comparison

The Dallas region's home price gains continue to rank among the hottest in the country, posting a better than 8 percent increase year-over-year in a
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Daily Ratings & News for Fidelity National Financial Inc.

Fidelity National Financial Inc. (NYSE:FNF) EVP Peter T. Sadowski sold … FNF, through its subsidiaries, provides title insurance, mortgage services
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OCBC names Elaine Lam new head of global corporate banking

SINGAPORE – OCBC Bank has appointed Elaine Lam Su Yen, 44, as head of global corporate banking following Mr George Lee's retirement after 16
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US home prices rose modestly in July

WASHINGTON – U.S. home prices rose modestly in July, pulled up by strong gains in Portland, Seattle and Denver, a private index says.
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Europe's banks need consolidation to find stability

European central bankers and supervisors have recently called for greater consolidation of the banking system, in particular in the eurozone, and for
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Italy's Banks Look to an Unlikely Savior: James Dimon

After repeated efforts to salvage Italy's most troubled banks, the country's government is leaning on an unlikely would-be savior: James Dimon.
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Case-Shiller results barely miss housing-boom high

Home prices continued their increasing trends continued to increase in July, but at a slower rate than before, according to the most recent report by
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Notes: James Robertson project lands major permit

New Orleans-based real estate development company HRI Properties is transforming the art deco mid-rise to a 191-room The Unbound Collection by
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Generations Bank Announces Menzo Case Appointed to National Consumer Financial Protection …

Seneca Falls, N.Y. – Generations Bank announced today that Menzo Case, … Case joins banking leaders from across the country in this new role.
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Executive Assistant- Real Estate

NYC based Real Estate Investment firm is looking to expand its staff and is in need of an Executive Assistant to support two Executives This is a temp
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distressed lending

Apply for Loan Portfolio Manager (distressed lending) jobs in Dublin at IrishJobs.ie.
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Mortgage 101: What's better … conforming or FHA?

As a result of accepting borrowers posing higher default risks, mortgage insurance costs trend higher in most instances than conventional mortgage
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Able Lending Receives $100 Million To Fund Small Business Loans Despite Wider Industry …

Able Lending Receives $100 Million To Fund Small Business Loans Despite Wider Industry …

Amidst a slackening in investor interest in alternative online loans, Austin-based Able Lending announces Tuesday that it has received $100 million to
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DLF most reputed real estate brand in India: Report

New Delhi, Sep 27 () India's largest realty firm DLF topped the list of country's most reputed real estate brand followed by Godrej Properties and Lodha
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US Home Prices Rose 5% In July From A Year Earlier

Home prices in 20 U.S. cities continued to gain at a solid pace in July, according to S&P CoreLogic Case-Shiller data released Tuesday.
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XpressCredit's BookOut Lending Product Improved with NADA Used Car Guide's Trusted Vehicle …

MCLEAN, Va., Sept. 27, 2016 /PRNewswire/ — XpressCredit — a leading provider of a patent-pending, web-based, indirect lending platform for
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When it comes to credit scores, safety and soundness should be the primary goal

Currently, mortgages purchased or securitized by Fannie Mae and Freddie Mac (the GSEs) require that the lender obtain a FICO credit score. In 2014
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Builders join hands to fight real estate slowdown

Liases Foras, the real estate research firm, said it was time for more such tie ups. “Innovation is the only key as the current slowdown is the worst and
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RBS seeks to increase Ulster Bank's share of mortgage market

Royal Bank of Scotland wants to increase Ulster Bank's mortgage market share, improve its capital efficiency, and reduce its costs, group chief
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How Justin Trudeau sparked the Ottawa real-estate market

The Way Home is a series looking at the issues and challenges for people who are in the market for a home. The Trudeau Effect hasn't just boosted
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Wells Fargo rates and news for Tuesday, September 27

You can use this mortgage calculator to estimate your monthly payments … Right now mortgage rates are near historic lows, and you can find some
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'Sydney housing market near top of world risk'

Sydney's housing market is one of the most risky in the world, ranking fourth in an index of major cities facing the threat of a housing bubble.
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Mortgage Banker (Columbia, Reisterstown)

While many banks have curtailed their mortgage operations, Howard Bank is expanding its Mortgage Sales staff. We're looking for energetic
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Revealed: the city with a bigger property bubble than London

London has been replaced by Vancouver as having the frothiest property market of any major city in the world. UBS' Global Real Estate Bubble Index
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A great time to buy a house

Head of mortgage lending at Barratt Developments, Adrian MacDiarmid, said: “The banks and lenders are offering some really attractive deals at the
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Churchill Mortgage Adds 33 Employees to Meet Growing U.S. Housing Market Demand

BUSINESS WIRE)–Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 38
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State lacks funds to finance family housing programme in 2017

RIGA – The state will not have substantial funds to finance the family … with borrowers, as 1,300 received state guarantees to mortgage loans last year,
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5 Times When You Shouldn't Refinance Your Mortgage

Refinancing your mortgage can drastically lower your monthly payments, especially since rates are still very low. The decision to refinance should be
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Equity release lending growth at 10-year high

The figures show that equity release lending totalled £908m in the first half of the year, marking an increase of £198m, or 28%, from the £710m lent in
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Post Office launches seven-year fix

Post Office Money Mortgages is launching a range of loans, including its first seven-year fixed rate. The seven-year mortgage is fixed at 2.59 per cent
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TABLE-UAE August bank lending slows, money supply picks up

Sept 27 Annual bank lending growth in the United Arab Emirates slowed in August to its lowest level since at least March 2014, central bank data
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We're only slowly waking up to the lazy tax

It looks like Australians are slowly waking up to their own stupidity, paying billions of extra dollars on their mortgages when there are cheaper loans on
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Real Estate Expert Joins FTI Consulting

Real Estate Expert Joins FTI Consulting

Mr. Gotthardt has more than 30 years of experience advising corporations, real estate operating companies, real estate investment trusts (“REITs”),
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PINTEC Group Spins Off Jimubox, Rebrands P2P Lender JIMU Group

PINTEC Group, a leading Chinese fintech platform, today announced it will spinoff P2P lending platform Jimubox into an independent company, JIMU
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U.S. Urges Cooperation From Banks to Settle Mortgage Cases

Banks are to blame for delaying resolutions of U.S. mortgage investigations by failing to cooperate, a top Justice Department official said, a warning to
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What's Trez Capital Mortgage Investment Corp Upside After Today's Huge Increase?

Trez Capital Mortgage Investment Corporation is a Canada non-bank lender providing residential and commercial short-term bridge and conventional
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Mortgage rates are at a record low

For example, the average standard variable mortgage rate is currently around 4%, while some of the best fixed rate deals are as low as 1.29%.
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Fishkind Conversations: Mixed Housing Numbers Reveal Strength In Orlando Market

New housing market data show national numbers are very different from Florida's. Nationally, home sales, construction and permits all came in lower
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BBA Report Mortgage Approvals Down but Consumer Credit Up

The British Banker's Association reported mortgage approvals at a19 month low in August, continuing the trend seen since the stamp duty hike in April,
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4 Vital Real Estate Tips When Buying a Business

In most cases, if you're considering buying a business, there's some amount of real estate that's included in the purchase. Whether it's a physical
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Able Lending Receives $100M in Debt Financing From Community Investment Management to …

Able Lending, a low-cost online lender in the nation for small businesses, announced on Tuesday it secured $100 million in debt financing from
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Low Interest Rates Have Created New Housing Bubble, Says UBS

Ultralow interest rates at global central banks have contributed to overheating in the housing market in recent years, the report from UBS Wealth
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Deutsche Bank shares fall 7.5pc as US seeks $US14b; denies seeking Merkel aid

Deutsche Bank posted a huge loss last year after it took €5.2 billion ($7.6 billion) in charges related to legal costs for past wrongdoing and endured a
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Banking lobby group hits back at excessive ROE claims

The banking industry lobby group has rejected calls to engineer lower profits for the major banks to align them with other countries labelling our banks'
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Bank of Dave

Tom Clougherty's recent post on competition (or the lack thereof) in UK banking nicely highlights the problem posed by barriers to entry into the British
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BRIEF-Wies aw Cholewa appointed chairman of Abadon Real Estate's superviso…

NEW YORK, Sept 27 A key short-term borrowing rate rose on Tuesday to its highest levels since late June with signs that cash investors have begun to
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Deutsche Bank woes weigh on markets as Clinton rally fizzles out – business live

The oil price continues to slide as the prospect of any deal to curb output at this week's producers meeting in Algeria recedes. Despite the proposal to
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Halifax reduces mortgage affordability stress test

The lender will lower its mortgage affordability stress rate by 0.25 per cent to 6.75 per cent from today (27 September) for new mortgage applications.
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Legal and General Retirement readying to double sales in 2016

The provider said its retirement business was performing strongly in the pension de-risking and lifetime mortgages space, with customer demand still
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6 Thrifts & Mortgage Finance Stocks to Sell Now

This week, the ratings of 6 Thrifts & Mortgage Finance stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”)
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Q3 2016 Earnings Conference Call

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will release third quarter 2016
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Real estate brokers in Dubai now need to gain approval for property ads

Brokers this week received a circular from the Real Estate Regulatory Agency (Rera) alerting them to the need to apply for permits before issuing “any
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