Ontario Real Estate Association pledges to watch the watchdog

Ontario Real Estate Association pledges to watch the watchdog

The association says it is looking out for consumers as well as agents by declaring itself a “watchdog” for the real estate industry's regulatory agent, the
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Redfin Cashes In on Enthusiasm for Real-Estate Tech

A strong debut as a public company by Redfin Corp. signals that investors believe the real-estate brokerage industry is ripe for disruption.
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A Snapshot Of Houston's Real Estate Market

What neighborhoods are seeing more or fewer apartments for rent and houses for sale or lease? Paul Takahashi from the Houston Business Journal
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Salem loses a 'true gentleman' and real estate pioneer

Salem: Berge Nalbandian of Berge's Real Estate & Construction Co., Inc. has been in business for 50 years. Photo by Allegra
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Boston Properties Announces Second Quarter 2017 Results

The new mortgage financing has a principal amount of $2.3 billion, bears interest at a fixed interest rate of 3.43% per annum and matures on June 9,
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Real estate prices in coastal North County going up, up and away

The area west of Interstate 5 in Oceanside, south of Mission and north of Oceanside Boulevard, is one of the hottest real estate areas in coastal North
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Jeff Bezos Is Now the Third Richest Person in the World

Although Jeff Bezos briefly topped the list of the world's wealthiest last week, he has now slipped to third place. As of August 1, the 53-year-old
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Bay Area real estate prices between a simmer and a boil

Those numbers come from a new analysis by the CoreLogic real estate information service, which reported that national home prices in June were
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Toorak fight is a warning for real estate agents about estimating prices

The wealthy businessman and his former real estate agent used to spend their Saturday afternoons chatting over a beer at Mr McMurrick's home in St
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Landmarked 1928 house in Midtown Palm Beach sells for $15 million

Douglas Elliman Real Estate handled both sides of the transaction. Agent Ashley McIntosh, the sellers' daughter, had the property priced at $16.2
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China's Didi Takes on Rival Uber in Europe

The Didi Chuxing application is displayed on a smartphone screen in this arranged photograph taken in Shanghai, China. Photographer: Qilai Shen/
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Local broker opens new real estate business, Mountain Property Group

Linda Tinkler has opened her own real estate company in downtown Tryon. The brokerage will specialize in local residential properties and
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ATLANT Announces ICO for Revolutionary Blockchain-based Real Estate Platform

Real Estate is the largest asset class in the world, and is one of the least efficient. ATLANT's aim is to empower the $217+ trillion global real estate
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One of metro Denver's largest real estate brokerages is sold to Arizona firm

Colorado residential real estate brokerage Cherry Creek Properties has been … managing broker and CEO of Cherry Creek Properties, in a statement.
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Real estate sector in Calgary saw steady growth in first half of 2017

Housing sales saw steady growth in the first half of the year, according to numbers released Tuesday by the Calgary Real Estate Board (CREB).
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These banks are expected to cut deposit, lending rates

In a surprise move on Monday, the country's largest lender State Bank of India (SBI) reduced the interest rate on savings deposits of less than Rs 1
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Can Xi Jinping Defuse China's Debt Bomb?

He's already been pushing financial regulators to address excessive … ordered banks to be more discerning about mortgage lending—to little avail.
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Planes Built for Bankrupt Russian Airline May Be the Next Air Force One

Facing pressure from President Donald Trump to cut the cost of new Air Force One aircraft, the U.S. Air Force is negotiating with Boeing to purchase
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Technology Shares in Asia Gain on Apple Results: Markets Wrap

A drop in the Bloomberg Commodity Index weighed on raw-material … next year has risen to 64 percent, according to data compiled by Bloomberg.
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Morguard North American Residential REIT Announces 2017 Second Quarter Results

UN) today announced its financial results for the three and six months … The REIT has now completed financing arrangements on all mortgages
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Home Prices Rose in Every State in the Nation—Except One

Home Prices Rose in Every State in the Nation—Except One

In fact, prices are predicted to go up an additional 5.2% across the country over the next year, according to CoreLogic's Home Price Index and Home
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Radian takes $131M charge ahead of Clayton Holdings restructuring

… million in the second quarter on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.
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Why Apple and Google Dumped Over 300 Trading Apps From Their Online Stores

There are now a lot fewer shady financial apps in Google and Apple's online stores. The Australian Securities and Investments Commission (ASIC)
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Banking & Investment Services

Get real-time stock quotes & charts, financial news, currency conversions or track your portfolio, with Google Finance.
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Web's Best – August 2017

Interest rates, FX, politics, the property market and debt in China could all hit market prospects in the second half of 2017. – July 31 / Finance Asia
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Bipartisan Senate bill would force Fannie, Freddie to think outside FICO

WASHINGTON – A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase home ownership opportunities for “credit
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Recognizing the Best and Worst of 2017… So Far

Nope. Rodale's Organic Life – We had high hopes for this title when the company rebranded its flagship property Organic Gardening in 2015. The title
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when does the monthly debit card limit reset

I'm looking to buy something, but my monthly card limit was hit, what day does the limit reset so that I could purchase things again? – Let TD Helps
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1st Century Bank Update


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Business Banking Portfolio Manager II

The PM II in Wholesale is primarily responsible for review and management of Borrowing Base Customers for Business Banking – which involves
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FCA to review responsible lending in motor finance

Earlier in the year, the FCA said it had concerns over a possible “lack of transparency, potential conflicts of interest and irresponsible lending in the
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'A social crisis': Number of homeowners under 40 falls dramatically in four years

Home ownership for Australians under 40 dropped dramatically from a third to a … Young Australians are increasingly left out of the property market.
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Check out loanDepot's very SoCal plans for its 'mello Innovation Lab'

LoanDepot's “mello,” a proprietary end-to-end digital lending platform, is getting its own Irvine, California-based tech campus dubbed the “mello
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House prices on the move in the regions

As the value of properties rises in the regions, the wider Manawatu still has some of New Zealand's cheapest housing on offer, statistics reveal.
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ReverseVision VP of Sales and Marketing Wendy Peel Named to 2017 'Women of Influence' List

Now in its seventh year, HousingWire's “Women of Influence” list honors individuals who have made notable contributions both to their businesses
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Einhorn Says Tesla's Model 3 Cash Burn Will Test Markets' Faith

With equities trading at record levels, Einhorn has endured losses on bets against stocks such as Amazon.com Inc., Athenahealth Inc. and Elon
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The future of digital banking is about great conversations

With the rise of voice-controlled devices and intelligent assistants such as Alexa and Siri, it's now fairly normal to talk to a digital device, ranging from a
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Kushner Says Trump Campaign Was Too Dysfunctional to Collude

ForeignPolicy.com first reported Kushner's remarks, which were intended to be off the record. “They thought we colluded, but we couldn't even collude
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Apple's Forecast Signals Strong Sales of New iPhones This Year

Bloomberg's Emily Chang recaps her interview with Apple Inc. Chief Executive Officer Tim Cook about the company's third-quarter earnings.
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2017 HousingWire Women of Influence: Min Alexander

HousingWire began recognizing Women of Influence in the mortgage finance industry in 2010, with an eye toward encouraging and celebrating
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Crypto currencies are mirroring pre-crash banking systems

Crypto currencies are mirroring pre-crash banking systems

When bitcoin, the crypto currency, first arrived on the scene in 2009 it sold itself on a simple principle. Unlike central bank money, the supply of which
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Microsoft's New Program Lets Customers Upgrade Their Surface Tablets, Laptops

… SNES Classic Edition Pre-Orders Start This Month. Microsoft Surface Laptop Four. Four Microsoft Surface Laptops Microsoft. Fortune 500
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Goldman Sachs reaches $725 million in consumer relief in $5 billion settlement

… and underwater homeowners throughout the country, as well as financing for affordable rental and for-sale housing throughout the country.
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Lebanon Is Banking On Port City Development, Proximity To Syria

Investors in Lebanon's port city of Tripoli hope its proximity to Syria makes it the hub for hundreds of billions of dollars in reconstruction when the
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YouTube Is Using Machine Learning to Combat Terror Content

Google's YouTube has announced additional steps to curb the number of videos from terrorist-affiliated groups on its service. On Tuesday, the
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Banking malware that records keystrokes, makes phonecalls targets Android users

Svpeng – which steals a user's financial data – can now record keystrokes and take screenshots of smartphone activity, sending the information to
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Past misdeeds haunt Latvia's banking sector

For nearly two decades, a sizeable chunk of the sector – the 'non-resident' banks – had been allowed to funnel billions of dollars in cash from Russia
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Arlington's Energy Lending Library teaches residents how to

Arlington's Energy Lending Library teaches residents how to conserve energy. The Virginia Association of Counties recognizes Arlington County with
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Life insurers smell opportunity in CRE, multifamily lending

Life insurance companies are trying to chip away at banks' dominant market share in commercial real estate lending. Though commercial banks still
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Fifth Third Bank offers banking on a bus in Detroit

Detroiters have the chance to bank on a bus starting Tuesday as part of the annual monthlong program by Fifth Third Bank geared toward small
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Apple's services business alone now the size of a Fortune 100 company, beats out Facebook

Apple's services business alone now the size of a Fortune 100 company, beats … of its services alone being the equivalent to a Fortune 100 company.
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Blockchain-friendly banking startup Fiinu names Andy Briscoe chairman

Fiinu, a UK startup building a “blockchain-friendly” bank has added a pair of senior financial services industry veterans to its board. One of a host of
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Banking Regulator to Take First Step Toward Changing Volcker Rule

The national bank regulator is taking a first step toward changing the Volcker rule trading ban, according to people familiar with the matter,
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We are unlikely to lend to startups, says Ajay Piramal

We are very strict about the quality of people we lend to. In the real estate book, we lend only to the top developers in a few select cities. We have a
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United Airlines Beats Frequent Flier's False Imprisonment Lawsuit

United Airlines on Tuesday won the dismissal of a false imprisonment lawsuit by a longtime frequent flier who was arrested at London Heathrow
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Banks might need $50 billion to cope with Brexit fallout

Banks would need to raise up to $50 billion to support new operations in Europe if Britain crashes out of the union, according to a new report from the
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Call to exempt first home buyers from lending restrictions

First home buyers should be exempt from lending restrictions to help them get a foothold in the market, Auckland's biggest real estate firm says.
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The One Person Who Can Tame Donald Trump. Maybe.

The day after General John Kelly was appointed While House chief of staff, nearly everybody and their sister were offering gratuitous advice on how
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How an ASIC lending problem is creating a new market for LoanDolphin

Depending on the managers and mortgage brokers for whom the bank felt were more successful, lending terms would vary enormously leaving some
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Barclays' drops Nigerian international banking clients with less than £100000

Nigerian international banking clients of Barclays Bank, with less than £100,000 to save/invest will as from yesterday (August 1) no longer have
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Redfin vs. Zillow: Which Will Be the Better Stock?

Redfin vs. Zillow: Which Will Be the Better Stock?

Redfin is an operating real estate brokerage company that is also interested in title insurance and mortgages and Zillow is primarily an advertising
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Hot July For London's Housing Market

The London and St Thomas Association of Realtors (LSTAR) said 1,002 homes were sold last month, which is an increase of 1.2% over the same
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Canada's cooling experiment

In the year since the B.C. government introduced a foreign-buyers tax in the Vancouver housing market, federal and provincial governments have
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Was There Ever A Bubble In Housing Prices?

Housing prices have been on a tear over the last five years. The Case-Shiller national composite has risen 35 percent since its post-crash bottom in
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Glu Mobile Sags Despite Raising Bookings View on 'Design Home' Title

Shares of video game company Glu Mobile (GLUU), which makes games such as “Kim Kardashian: Hollywood” and “Deer Hunter,” are down 8 cents,
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How Chinese Homebuyers Are Changing America's Real Estate Market

Chinese citizens have been the top foreign buyers of homes in the U.S. for the past three years and are at a record high. Between April 2016 and
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Uber's Stock Price Plunged After CEO Travis Kalanick Resigned

At Fortune's Brainstorm Tech conference in Aspen in July, investors at private equity firms TPG Capital and General Atlantic—both large shareholders
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Fiserv acquires PCLender

Technically, Fiserv acquired “the assets” of PCLender, a member of HousingWire Magazine's 2017 HW TECH100. According to Fiserv, the acquisition
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Term Sheet

Fortune's Jen Wieczner reports: After T. Rowe Price wrote down the value of its Uber stock by 5% in May, other mutual funds slashed the valuation of
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Plants Are Invading the Meat Aisle at Kroger

“It's a very strong signal,” Beyond Meat CEO and founder Ethan Brown tells Fortune. “Much of the world is drawn toward animal protein as a source of
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CEO Daily: Tuesday, 1st August

“We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress
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Exclusive: This Startup Wants to Be the OpenTable For Kids' Classes

To help reach that goal, the startup has raised $6 million in funding, Alden tells Fortune exclusively, led by Advance Venture Partners (AVP) and with
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Company blamed for Outer Banks power outage facing lawsuits

RALEIGH, N.C. (AP) — Lawsuits are pending against a construction company blamed for a power outage on North Carolina's Outer Banks, forcing
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Canadian Commercial Investment Property Market Continues to Attract Healthy Demand as Global …

MISSISSAUGA, ON, Aug. 1, 2017 /CNW/ – Despite the strengthening economy driving a rise in interest rates and less accommodative monetary policy,
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Trump Worked With Fox News on DNC Staffer Story, Suit Claims

President Donald Trump collaborated with Fox News to concoct a story claiming a Democratic National Committee staffer was killed in retaliation for
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S. Africa Central Bank Warns Policy Uncertainty May Deepen Slump

South Africa's central bank warned that an economic slump may deepen if the government doesn't address political turbulence and a policy vacuum in
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Know your mortgage rights via an electronic register

He said: “The mortgage of movable property allows companies, including SMEs, to pledge their movable properties as security for loans from banks
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Wall Street or Silicon Valley: Who will Compass turn to next?

“The markets we operate in right now represent about $14 billion of the $75 billion [real estate] industry,” said CFO David Snider. “By next year, we
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Mortgage Brain partners with Sense Network

Mortgage Brain has signed an agreement with Sense Network which will make its sourcing software the preferred solution for appointed
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Calyx's Peg Wolschon Honored by Meeting Professionals International

Calyx Software has announced that Peg Wolschon, Senior Corporate Event Manager, has received the RISE Award for Educational Programming
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Tesla Loses Key Executive in Charge of Battery Technology

Tesla Loses Key Executive in Charge of Battery Technology

A key executive who led the battery cell team at Tesla for more than a decade has left just as the company begins to ramp production of the Model 3
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Man shot in home off Fortune Drive in Lexington

(WKYT)- Police are responded to a shooting in the 2000 block of Cornerstone Drive off of Fortune Drive in Lexington. The call came in on Tuesday
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Fantastic food! – Review of Delamare Fortune Palace Chinese Restaurant, Norley, England

Delamare Fortune Palace Chinese Restaurant: Fantastic food! – See 134 traveler reviews, 3 candid photos, and great deals for Norley, UK,
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Fiserv acquires mortgage software and lending technology company

BROOKFIELD — Fiserv, Inc. announced Tuesday it has completed the acquisition of a company specializing in internet-based mortgage software and
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Firm consumer spending, 8.4pc growth in lending

Cumulative to June, the central bank stated that new bank lending for consumption purposes grew by 8.4 per cent, an increase of $32.6 million.
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UPDATE 3-Lending at Itaú seen returning to profitability soon

SAO PAULO, Aug 1 (Reuters) РIta̼ Unibanco Holding SA's lending segment could turn profitable again in coming months, Chief Executive Officer
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Hensarling wants CFPB's Cordray investigated for potential election law violations

… Cordray is subject of the Hatch Act,” Hensarling said in his letter of the Office of Special Counsel, a copy of which was obtained by HousingWire.
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Mergers & Acquisitions – Lending Solutions for Today's Market


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ReverseVision Vice President of Sales and Marketing Wendy Peel Selected to HousingWire 2017 …

SAN DIEGO, Calif., Aug. 1, 2017 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse
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Founders Advantage Investee Entity Dominion Lending Centres Sells Non-Core Asset

(TSX-V:FCF) (the “Corporation”) is pleased to announce that its investee entity Dominion Lending Centres (“DLC”) has completed a sale of its 20%
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PayU Colombia Deploys Mambu For Short Term Lending

MIAMI, – August 1st, 2017: Mambu, the SaaS banking engine powering innovative loan and deposit products, today announced that PayU Colombia
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HUD to provide $179 million to help states recover from recent disasters

The U.S. Department of Housing and Urban Development Secretary Ben Carson announced today the department will provide an additional $178.5
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Tour the obscure California city that's suddenly the hottest housing market in America

Vallejo, California, a small city across the bay from San Francisco, was named the hottest housing market in America by Realtor.com in June.
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The booming tortilla business created a family fortune—and a battle to control it

It's still growing—the world's hunger for tortillas seems insatiable—but the fortune amassed by González Barrera is stuck, caught in a legal battle
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Here's What Sprint Is Doing Besides Waiting to Get Bought

While seemingly everyone in the world is waiting for Sprint CEO Marcello Claure to make a deal, the boss is still also focused on fixing the wireless
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'Great British Bake Off' Star Mary Berry Gets a New Show

It was global news last year when Mary Berry announced plans to depart The Great British Bake Off, the BBC and PBS sensation (and arguably the
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Brainstorm Health Daily: August 1, 2017

In an age when government has become so bitterly polarized, groups like No Labels (featured in Fortune last year) and the Problem Solvers are
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Chris Kamberis Addresses Key Factors Evolving the Kansas Housing Market

Chris Kamberis, the experienced property developer and Founder of CTK Group, shares his thoughts on what's trending in the real estate market that
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House prices: Average price rises to £211671 as property market growth continues

HOUSE prices are predicted to grow by around two per cent across 2017, according to a report that showed that property values continued to head
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Apple Is Looking for More Tax Breaks in India

Apple (aapl) has asked the Indian government to extend tax breaks to its suppliers if India seeks to become a manufacturing hub for iPhones and its
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Bitcoin's New Currency Trades Above $200 on First Day

Bitcoin's New Currency Trades Above $200 on First Day

A source close to Coinbase, who asked to speak anonymously, also told Fortune that a new currency like Bitcoin Cash is akin to a new product, and it
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The Fate of America's Nuclear Future Rests on One Utility

With a multibillion-dollar nuclear project in South Carolina dead, the fate of America's nuclear renaissance now rests on one utility: Southern Co.
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Housing Outlook: Five Expert Predictions On What To Expect For The Remainder Of 2017

Here's a provocative solution to the inventory shortage plaguing the national housing market: Boomer death. “Boomers own a majority of owner
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MBA's Mortgage Action Alliance: A Message From MAA Chairman Gene M. Lugat

With the August recess looming, members of Congress are preparing to head home to their states and districts. It's a perfect time for members of the
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Lyft's New Taco Bell Promo Stinks Worse Than an Old Burrito

Last Tuesday Lyft announced a new promotional partnership with Taco Bell that has received harsh criticism from drivers and passengers.
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Freddie Mac posts $1.7B net income in Q2; pays $2B dividend

The housing market's gradual recovery, helped by record-low interest rates spurring home purchases, has made Freddie and Fannie profitable again.
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Reversal Of Fortune Ahead For Facebook?

A look at the advertising market in general and its potential impact on the social networking giant. Facebook reliant on advertising as its only revenue
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Cybersecurity Firm FireEye's Revenue Beats Street

Internet security company FireEye reported better-than-expected quarterly revenue, helped by growth in its higher-margin product subscription and
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Apple's Shares Rise to Record High on Strong iPhone Sales

Apple forecast current-quarter revenue largely above estimates on Tuesday, helping allay some investor concerns about a possible delay in the
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Anatomy of Mortgage Spear-Phishing Campaigns

After figuring out the closing dates, the hacker sends an email to the buyer, posing as the real estate professional or title company,” Colleen Tressler,
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Wisconsin Was Outbid For Foxconn Factory, But Still Won

At least one other state offered Foxconn more than the $3 billion incentives package Wisconsin used to lure a plant that will be the electronics giant's
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Northern Irish soccer leagues snare a title sponsor

The insurance brokers will be the title sponsor of both the second-tier Championship and third-tier Premier Intermediate Leagues from the start of the
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Cohodes Protégé to Raise $200 Million for a Short Hedge Fund

… Inc. The bet, the fund's largest winner in 2016, propelled it to a 14 percent gain, according to a letter to clients seen by Bloomberg News.
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Housing prices remain high across North Shore

Canada's housing market cooled off last year, but no one told the North Shore. Real estate sales dropped nearly 6.7 per cent across the country during
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SkyBridge Sale on Track After Scaramucci Loses White House Job

Anthony Scaramucci's deal to sell his stake in SkyBridge Capital is on track following his ouster as White House communications director. SkyBridge's
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GSA's new Public Building Service commissioner takes on real property, FBI and DHS projects

The next day, he'll return to his previous post as deputy PBS commissioner, as Dan Mathews is sworn in as the new leader of GSA's real property
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Paul Tudor Jones Clients Pull 15% From Main Hedge Fund

The billionaire macro manager who helped give rise to the hedge fund industry saw clients pull about 15 percent of their assets from his main fund in
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This Is an Outrage, Junk-Bond Market Says. Everyone Buys Anyway

Howard Marks, co-chairman at Oaktree Capital, explains his latest memo that urges investors to reduce risks. He speaks with Bloomberg's Erik
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Real Estate Firm New York Residence, Inc. Visits Italy and Croatia

NEW YORK, Aug 01, 2017 (PR Newswire Europe via COMTEX) — New York Residence, Inc., a world-renowned real estate brokerage firm, is pleased
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Balance of Power: What Scaramucci's Ouster Means for Team Trump

Less than a week ago Anthony Scaramucci was boasting to the New Yorker that he'd purge his entire White House team to crack down on leaking.
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American Family Funding: Housing Market Update 8/1/17

American Family Funding: Housing Market Update 8/1/17

Also, the inventory of new homes on the market increased 1.1 percent … Stay tuned each week for a housing market update from American Family
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So Your Car Got Repo'd…Now What? Pt. 2

In order to qualify for a subprime auto loan, lenders will usually require a … Here, the lender adds up all your monthly bills—rent or mortgage, credit
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Norwegian property mogul eyes Copenhagen, as population growth pushes up prices

Prices of owner-occupied flats in the city have risen around 10 per cent annually in recent years. Denmark's largest mortgage lender Nykredit expects
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Piramal net up 31% on strong financial services lending book

Piramal net up 31% on strong financial services lending book … quarter last year, helped by the strong growth in its financial services lending book.
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Invesco Mortgage Capital Inc (IVR) Given Average Recommendation of “Hold” by Analysts

Shares of Invesco Mortgage Capital Inc (NYSE:IVR) have received an …. mortgage loans, and other real estate-related financing arrangements.
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Manager Lending Services, Business Service Centre

Requisition ID: 3982. Join the Global Community of Scotiabankers to help customers become better off. Purpose of Job: The Manager Lending
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Some Tips for Before You Buy a Car

Speaking to Fortune's Susie Gharib, Brown says that used cars are the one bright spot in the auto market these days. “The used car market remains
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Starkey Mortgage launches reverse mortgage division

Plano, Texas-based Starkey Mortgage announced it launched a Reverse Mortgage Division in order to help borrowers who are 62 years of age or
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Stearns' CAO Blythe Hughes Captures the Prestigious 2017 Women of Influence Award

… named a 2017 Women of Influence Award winner, a prestigious honor bestowed by HousingWire that recognizes the women leading the mortgage
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Commerzbank launches digital mortgage financing app

Commerzbank is pushing hard on its mortgage lending business ambitions with the launch of a digital financing app. The app is free and users can
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Mountain BizWorks is awarded $2.9 million in federal funding to expand small business lending …

(Asheville, NC): Mountain BizWorks, a non-profit small business lending and training organization based in Asheville, has received $2.9 million in new
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Theranos and Walgreens Have Finally Settled Their Bitter Lawsuit

Elizabeth Holmes' heavily criticized startup Theranos has taken one more step on its quest for redemption, settling a nasty legal spat with former
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P2P lending looks less than attractive on a forward-looking basis

Which brings me nicely to P2P lending. As my colleagues at AltFi Data observe more and more money keeps finding its way into the industry even
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RBI policy review today, lending rate may be cut

Encouraged by significant price improvement, bankers expect Reserve Bank of India to change its monetary stance and cut benchmark lending rate by
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Four major US cities ring housing bubble alarm

An overvalued market is one in which home prices are at least 10 percent higher than that level. The rest of the top 10 markets are considered “at
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Ten-X predicts minor decrease in July existing home sales

“Extraordinarily low levels of both new and existing home inventory appear to finally be catching up with the housing market,” Ten-X Executive Vice
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Assurant Reports Second Quarter 2017 Financial Results

NEW YORK–(BUSINESS WIRE)–Assurant, Inc. (NYSE: AIZ), a premier … Net earned premiums, fees and other income from the Global Housing,
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Cohodes Protégé to Raise $200 Million for a Short Hedge Fund

… Inc. The bet, the fund's largest winner in 2016, propelled it to a 14 percent gain, according to a letter to clients seen by Bloomberg News.
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The Amazing Brentwood Welcomes New Strategic Development Partner, L Catterton Real Estate

In securing a new partnership with the world's leading luxury retail-driven real estate company, the project's profile has been elevated to world-class
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How to Sell a Suicide-Bomber Subsidy to Congress

Husam Zomlot does not have an easy job. He is the Palestinian Liberation Organization's representative in Donald Trump's Washington. And despite
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One in four Americans believe humans will able to time travel before half of Fortune 500 …

One in four Americans believe humans will able to time travel before half of Fortune 500 …

That's according to a survey released from the Rockefeller Foundation on Tuesday, which also found that male attitudes are keeping women from
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DebtHelper.com Receives Special Financing for Non-Profit Developers

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Credit Card Management Services, Inc. dba DebtHelper.com, a HUD approved Credit and Housing
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Cory Booker Is the Latest Politician to Try to Legalize Marijuana

Senator Cory Booker introduced a new bill on Tuesday that would legalize marijuana at the federal level while encouraging individual states to
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CMBS Delinquency Down in July

The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.49 percent in July, a 26 basis
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Hensarling Seeks Hatch Act Probe of Cordray

The Chairman of the House Financial Services Committee is seeking a federal investigation into whether Consumer Financial Protection Bureau
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LenderLive Launches Compliance Solutions Division

The new entity will offer both bundled and a la carte services to banks, non-bank mortgage servicers, credit unions, and other financial institutions.
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How Some of China's Plush Hotels Are Getting Around the 'Great Firewall'

In China, the plush international hotel lobby has been one of the few places to find gaps in the “Great Firewall,” a sophisticated system that denies
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The Core Quality of a Leader, According to Ally Financial CEO

When Brown was tapped to run Ally Financial in 2015, it was the first time he ever led a company as CEO. He stepped in at a difficult time for the
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Snapchat's Stock Just Suffered a Big Setback

The S&P 500 will start excluding companies that issue multiple classes of shares, managers of the index said on Monday, a move that effectively bars
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Get promoted: 5 surprising ways to get a raise, title bump and more power at work in 2017

While you're angling for a better or more powerful role at your company, you'll definitely need to be willing to take on extra responsibility, act as a
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Just the Facts on Fidelity National Financial, Inc. (FNF)

Fidelity National Financial, Inc. (FNF) is an interesting player in the Financial space, with a focus on Surety & Title Insurance. The stock has been
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Americans' Spending Barely Grew in June as Incomes Stagnated

Consumer spending lost momentum in June and a drop in dividend payments caused incomes to stagnate, signaling the U.S. economy may get less
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Facebook Is Working on a Video Chat Device

Facebook Inc. is working on a video chat device for the home — the first major hardware product from its experimental Building 8 lab. Bloomberg's
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Move Over, Jay-Z. Beyoncé Wants to Buy Her Own Basketball Team

Pop superstar Beyonce, a Houston native, is mulling an investment in the National Basketball Association's Rockets, according to people familiar with
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New Data Finds Rents Are Going Down

The nationwide median one-bedroom rent price decreased between July and August, from $1,016 to $1,013, according to new data from ABODO.
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How Two Brothers Turned Seven Lines of Code Into a $9.2 Billion Startup

One way to justify the number: Stripe's new partnership with Amazon. com Inc., the largest and most sought-after customer on the internet. Over the
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Hedge Fund Success Ain't What it Was

The good news from the world's largest publicly traded hedge-fund firm is the industry is back in fashion. The bad news is that even the world's largest
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Chinese real estate PE funds begin to do genuine equity investment

Finally, Chinese real estate private equity funds are choosing to carry out the business they were intended to. Until very recently, so called “PE funds”
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The Bronx borough prez is allocating $7M for housing this year. It's going to these projects

Bronx borough president Ruben Diaz Jr. will spend $7 million on housing throughout the borough in fiscal year 2018, spreading the funds from his
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Invesco Mortgage Capital (IVR) Getting Somewhat Favorable News Coverage, Study Shows

Headlines about Invesco Mortgage Capital (NYSE:IVR) have trended … mortgage loans, and other real estate-related financing arrangements.
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Canada's realtors brace for the end of the housing boom

Canada's realtors brace for the end of the housing boom

OTTAWA – Canada's long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming
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What to Watch in Buffett-Backed Home Capital's Earnings

Home Capital Group Inc. reports second-quarter results after markets close on Wednesday, with a conference call on Thursday. It will be the first
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US Auto Market Slump Persists

U.S. automakers posted steeper sales declines than analysts estimated in July, reinforcing doubts that industry demand will be able to keep up with
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Flexiti Financial raises $6.25 million to scale POS lending platform for retailers

“Flexiti Financial's POS lending platform has become an important tool in their sales arsenal, and this investment will help us better serve our retail
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Beyonce Is Interested in Buying a Stake in the Houston Rockets

Pop superstar Beyonce, a Houston native, is mulling an investment in the National Basketball Association's Rockets, according to people familiar with
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Fresno County among nation's hottest real estate markets in July

In fact, Realtor.com placed Fresno at 14th place in its residential real estate “Hotness Index” for the month of July, a significant jump from its ranking of
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Why WeWork competitor Serendipity Labs is ignoring VCs and taking money from real estate …

WeWork is a real estate business that acts like a technology company. It's backed by powerful Silicon Valley venture capitalists, hires data scientists
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Assessing risk a growing part of valuing real estate

The new web portal from a Texas A&M University-Galveston researcher comes online as risk data grow increasingly relevant in real estate markets.
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Activist Says Dillard's Real Estate Is More Valuable Than The Business

The fund, which has a 2% stake in the company, believes Dillard's real estate is more valuable than the actual business. Brick and mortar retailers are
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Whole greater than parts of real estate group Cromwell

Cromwell manages $9.8bn worth of real estate across Australia, New Zealand and Europe. Its adviser is Bank of America Merrill Lynch but it had also
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IOB to strengthen lending to mid-corporate, jewellery segments

Also, the bank aims to lend sharper focus on the housing loan segment and as part of the retail push, a separate retail vertical has been established
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8 states with the biggest real estate bubbles

When most people read the term “real estate bubble” or “housing bubble,” they likely think of the 2007-2008 financial crisis. However, the common
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Banks warn against bad taste jokes in online banking payments

Banks say that people transferring money should not joke around in the message field of the transfer protocol, as they are obliged to report suspicious
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Real Estate Transactions: July 10 – July 14, 2017

The following property transactions, those most recently released to the Centre Daily Times, were recorded from July 10, 2017, through July 14, 2017,
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OCC Cleared Contract Volume Up Two Percent In July -Securities Lending CCP Activity Up 27 …

OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in July was 324,718,888 contracts, up
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SQFTx Launches First-of-Its-Kind Agent-Centric Real Estate Tech App That Rivals Other 'Instant …

BOULDER, Colo., Aug. 1, 2017 /PRNewswire/ — Technology has impacted the real estate industry and not always in the most positive ways for agents
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USDA Announces Commodity Credit Corporation Lending Rates for August 2017

The U.S. Department of Agriculture's (USDA) Commodity Credit Corporation today announced interest rates for August 2017. The Commodity Credit
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Latest QV data shows Auckland housing market stalls

This comes as the Auckland housing market has experienced no growth in the past three months and the annual growth rate continues to slide.
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Canadian Real Estate Prices Will Fall 28% By 2020, According To This Model

We get a few dozen emails weekly asking where we think Canadian real estate prices are going to be in the next few years. We can't see the future
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The Vancouver foreign homebuyer tax is one year old. Here's what Canada can learn from it.

Indeed, the benchmark price of a home in Metro Vancouver stood at $998,700 in June, up nearly 8 per cent since the same month in 2016 and nearly
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Ellie Mae Launches New Version of Encompass

Ellie Mae Launches New Version of Encompass

… as well as the innovative capabilities that enable our banks, credit unions and mortgage lenders to originate and fund more loans, lower origination
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The Broadsheet: August 1st

Fortune. • Sawyer's Series A. Sawyer, which pegs itself as the “OpenTable for education,” has raised $6 million in funding, its CEO Marissa Evans
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Senate Appropriations Committee housing bill saves doomed affordable housing programs

The Senate Committee on Appropriations unanimously approved the fiscal year 2018 Transportation, Housing and Urban Development, and Related
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HousingWire Honors Patty Arvielo as a 2017 Woman of Influence

TUSTIN, Calif., Aug. 1, 2017 /PRNewswire/ — HousingWire, a leading source for mortgage news, has named Patty Arvielo, a Woman of Influence for
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Mika Brzezinski Thinks It's Time for Trump to Fire His Family

Morning Joe co-host Mika Brzezinski called for President Trump's family members serving in the White House to get pink slips, allowing for
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Why the banking model could break the UK economy. Part Two.

In Part One I wrote about the problem with the UK banking model and why it undermines the UK economy. In summary, banks need to lend to make
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China's DJI Just Inked A Drone Partnership With One-Time Rival

3D Robotics, the Berkeley, Calf.-based drone startup founded by a former editor-in-chief of Wired Magazine, Chris Anderson, said Tuesday that it's
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Under Armour Is Slashing Almost 300 Jobs Amid Sluggish Sales

The sports gear maker said it was cutting about 2% of its global workforce, or some 280 jobs, and it now expects slower revenue growth this fiscal year
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Ferrari 'utility vehicle' to avoid SUV title

The company apparently wants to create a new niche as it attempts to double annual sales volume. Ferrari is allegedly developing a new four-seat
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Garden State Home Loans carves path for millennials with 1% down

Garden State Home Loans has launched a 1% down payment program for first-time buyers, opening the door for millennial purchasers. This option is
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Venezuela's Cash Is Now Worth Less Than Currency in 'World of Warcraft'

Venezuela's real world currency – the bolivar – is worth less than fake gold in Azeroth, the mythical setting of World of Warcraft. At least, that's the case if
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Guangzhou Rental Reforms: A Step in the Right Direction for China's Real Estate Market

Prior to the new policy, only those owning homes close to a school were eligible to enroll their children, which – combined with high house prices,
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Old Republic International Corporation – A Dividend Growth Company… Really?

They introduced general insurance coverage in 1955 and title insurance lines in 1978. Today, the company shows a diversified insurance profile but
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Tom Hiddleston to Take on Title Role in Limited London Run of Hamlet, Directed by Kenneth …

Branagh's Olivier Award-winning theater company joins forces with the Royal Academy of Dramatic Arts for the co-production, to support the
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Designing banking locations for the digital age

According to a 2016 Accenture survey on digital banking, 60 percent of consumers use online banking at least weekly. Some may interpret this as a
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Companies Can Put Shareholders on a Blockchain Starting Today

In the case of Overstock, Fortune asked the retailer—which recently began trading Series A Preferred shares on a blockchain platform—about the
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Data Sheet—Tuesday, August 1, 2017

Every single system was cracked within two hours or less, Fortune's Barb Darrow reports. Jake Braun, CEO of security consulting firm Cambridge
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Facebook Bought This Bot Maker to Boost AI Efforts

Facebook is buying Ozlo, a small bot specialist based in Palo Alto, Calif. The news was disclosed on Ozlo's web site. Ozlo focuses on “conversational”
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Anthony Scaramucci's White House Fall from Grace Won't Impact His Hedge Fund Sale

Anthony Scaramucci's swift exit as U.S. President Donald Trump's communications director on Monday has no bearing on the pending sale of the firm
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Deutsche Bank Is Going to Keep a Lot of People in London, Come What May

Deutsche has secured a 25-year lease on a new HQ in the City of London committing to take at least 83% of the building's 564,000 square feet
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