Flagging Quant Score Keep Lending Club (LC) a Sell

Flagging Quant Score Keep Lending Club (LC) a Sell

With a $1.5 billion market value, Lending Club Corp (NYSE:LC) ranks in the lower half of its industry group, Consumer Finance, and in the upper half of its sector group, Financials, in market value. From the viewpoint of investment attractiveness, the current Portfolio Grader ranking for LC puts it 21
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Seattle passes sweeping short-term rental laws, limits Airbnb hosts to two units

“This vote is a landmark win for Airbnb hosts and guests,” Laura Spanjian, Airbnb public policy director, Northwest, said in a statement provided to HousingWire. “These rules ensure the overwhelming majority of our hosts can continue to share their homes and earn extra money. Airbnb applauds the City
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Pascagoula looks to expand housing market

In efforts to grow the city, Pascagoula officials hope to expand the city's housing market. City leaders are working on a strategic plan to turn this empty land into a positive economic development. “We have plenty of jobs. The problem is we have a shortage of houses, and we have a shortage of affordable
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Your top 10 HMDA questions answered: Part 2

“Institutions should already be auditing their systems to determine if their existing IT infrastructure on collecting and reporting data will be sufficient or if new, updated systems will be required,” Bogan told HousingWire. “Lenders should also be sure that their servicing departments and those companies
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Healthy real estate market forecast for city

“I think the big news is another strong year predicted, despite some of the regulatory changes coming in from the feds,” said Michael Froese, managing partner of Royal LePage Prime Real Estate. “If I were to really sum it up, the pros are outweighing the cons.” Royal LePage's Market Survey Forecast
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The Daily Fix: Regulation is needed in the real estate sector, not takeover

The real estate sector in the country has clearly undergone a phase of crisis, with large companies that got into colossal housing projects unable to complete them and now either facing legal action in courts or pushing for insolvency proceedings. One such high-profile case is that of Unitech, claimed to
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Despite Reversal of Fortune, Lululemon Athletica Inc. Stock Is Still Expensive

Just when clothing retailers seemed down for the count, Lululemon Athletica inc. (NASDAQ:LULU) comes in with robust comparable store sales and a beat on the top and bottom line. Such is life with clothing retailers, as consumers are fickle. One day business may stink, and the next day it could be
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Star Trek Titan: Fortune of War Book Review

“Death slumbers in the ashes of silent planets, waiting to be awakened and unleashed. Twenty years have passed since the interstellar scourge known as the Husnock were exterminated without warning by a being with godlike abilities. Left behind, intact but abandoned, their desolate worlds and
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Toms River, NJ

69 Fortune Ct, Toms River, NJ is a 4 bed, 2.5 bath Single-family home available for rent in Toms River, New Jersey.
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Dlamini Zuma: We don't need to buy delegates

She says the elective conference is not only important to South Africa but to the international community as well. “We don't need to buy delegates; we have worked and we have been to every corner of this country, addressing cadres' forums, making people understand so that when they elect us, they
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Schweitzer-Mauduit International (SWM) Lifted to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Schweitzer-Mauduit International (NYSE:SWM) from a hold rating to a buy rating in a research note published on Tuesday, November 28th. The firm currently has $49.00 price target on the stock. According to Zacks, “Schweitzer-Mauduit International, Inc.
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A Brexit 'Transition Deal' Is Urgently Needed to Ease Separation From the EU, British Lawmakers Say

Union Flags and European Union flags fly near Big Ben in Parliament Square in central London, Britain on Sept. 9, 2017. Tolga Akmen—Reuters. By Reuters. 9:27 PM EST. Britain urgently needs a “standstill” deal to keep its ties with the European Union unchanged in a post-Brexit transition period, and
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Housing market to enter 2018 'with some momentum' suggest latest survey from RICS and Ulster …

THE housing market in Northern Ireland is set to end 2017 on a 'high' according to the latest analysis from industry experts, RICS (Royal Institution of Chartered Surveyros) and the Ulster Bank. And, in their latest residential market survey, they also suggest that the building blocks are in place for further
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House lawmakers move to ease loan officer licensing rules

WASHINGTON — Congress is moving closer to making it easier for bank loan officers to take a job with nonbank mortgage providers and still comply with state licensing requirements. The House Financial Services Committee approved a bill Wednesday amending key provisions of the Secure and Fair
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First American Corporation (The) (FAF) COO Sells $4190325.75 in Stock

First American Corporation (The) (NYSE:FAF) COO Christopher Michael Leavell sold 75,843 shares of the company's stock in a transaction that occurred … The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and
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LA City Council approves development fee to raise money for affordable housing

In addition to approving the linkage fee, the council agreed Wednesday to study raising the residential development fee in high-market areas to $18 per square foot. The council also agreed to look at a proposal submitted by Councilman Gil Cedillo to exempt developments geared toward middle-income
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The US Housing Market Is Not in a Bubble

The U.S. housing market is one of the most lucrative areas to invest in as the country's economy continues to show great strength among the world's developed economies. The housing market has been one of the most evident indicators of economic growth, which has prompted a rapid rise in housing
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Vietnam's nascent debt markets set for bigger deals

But for now as Vietnam makes early progress, international bodies such as the ADB's Credit Guarantee and Investment Facility (CGIF), alongside local policymakers, are … Investors were heavily skewed towards international insurance companies buying through their Vietnamese incorporated entities.
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Whistleblower questions reliability of statistics published by Vancouver real estate board

A real estate industry whistleblower is questioning the reliability of Vancouver real estate statistics released by the realtors board. … that we take a look at MLS Home Price Index (HPI) benchmark prices, saying that “We find that it's a more accurate indicator of real estate pricing trends over time.”.
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Ask the experts:what is a mortgage broker? How much are mortgage broker fees? Can I rely on an …

Finding the right mortgage at the best rate is a minefield. Although price comparison websites are a good place to get a feel for what's available, they won't show you all deals on the market and often have a commercial relationships with lenders. This is why it's a good idea to get expert advice from a
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Consumer lending 2017: Bold bets and strategic exits

Consumer lending 2017: Bold bets and strategic exits

In some ways, 2017 was the year of the consumer. The year began with high hopes for business borrowing, as the new presidential administration promised to pump up the economy with tax reform and a health care overhaul. As the year wore on, bankers had to adjust their expectations, and those of
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Housing prices rise most in western Sydney

The best performing regions in Melbourne were the leafy inner east, with 11 per cent annual growth over five years, and the south east at 10.9 per cent, suggesting the upper end of Melbourne's market has seen the fastest price rises. In Brisbane, the fastest growing region was the city's south which rose
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National Australia Bank stops all lending for new thermal coal projects

National Australia Bank says it will halt all lending for new thermal coal mining projects, becoming the first major Australian bank to phase out support of thermal coal mining. While the bank will continue providing finance for coal projects already on its books, NAB said an orderly transition to a
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Largest November homes sales in Sonoma County in 13 years

Sonoma County's fire-ravaged housing market last month posted the most sales for November in 13 years, even as the median price rose slightly to a new record high. Amid a decreased supply of houses, buyers last month purchased 456 single-family homes, according to The Press Democrat's monthly
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2018 Austin Real Estate Trends

austin real estate trends 2018 If you're like us, you like to end each year with a quick look at the 2018 Austin area real estate trends. Every year, PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI) releases a report on the investment outlook for the real estate and land use industry. Now in
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Rebuilding and Rethinking

“Banks and mortgage companies are looking at vendors who are proficient in this space of automation, innovation, and outsourcing versus trying to build processes, and technology in-house,” said John Vella, Chief Revenue Officer, Altisource. “Then, you have other firms that have invested in innovation
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Edison International (EIX) Position Trimmed by SG Americas Securities LLC

Janus Henderson Group PLC increased its position in shares of Edison International by 2,522.5% during the 2nd quarter. Janus Henderson Group PLC now owns 1,234,840 shares of the utilities provider's stock worth $96,552,000 after purchasing an additional 1,187,754 shares in the last quarter.
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Investors Title Company (ITIC) Moves Lower on Volume Spike for December 13

Investors Title Company (ITIC) traded on unusually high volume on Dec. 13, as the stock lost 1.82% to close at $184.10. On the day, Investors Title Company saw 4,876 shares trade hands on 80 trades. Considering that the stock averages only a daily volume of 1,995 shares a day over the last month,
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Mortgage Rates Wednesday: Mostly Up

The average rate on a 30-year fixed-rate mortgage rose one basis point, the average 15-year fixed-rate climbed three basis points and the average rate on the 5/1 ARM fell one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Wednesday. The 30-year
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Mortgage Applications Slip as Interest Rates Increase

Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 8. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3
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Gloomy estate agents see little Christmas cheer in UK housing market

New inquiries from potential homebuyers are falling, instructions to sell are deteriorating, agreed sales have dropped and prices are flat, according to the UK's estate agents in a gloomy assessment of the housing market. The Royal Institution of Chartered Surveyors (RICS) said that a monthly survey of
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Underquoting: Real estate agency Fletcher and Parker Balwyn fined record $880000 in Federal …

A Melbourne real estate agency has been fined $880,000 for underquoting and ordered to put up public notices about its misleading and deceptive conduct. The Federal Court on Thursday fined Fletcher & Parker (Balwyn) Pty Ltd $40,000 for each of the 22 properties that its Canterbury and Blackburn
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How to Start a Real Estate Agency from Scratch

The story of real estate sales in Brooklyn lately has been about big Manhattan firms storming the borough and recruiting hundreds of agents. This is the opposite story, about a young couple who bailed out of corporate life and created a new generation of mom-and-pop shop. This summer Zenon and
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Iredell real estate transactions: Dec. 3-9

Iredell real estate transactions: Dec. 3-9. From staff … From Alms Properties, LLC to K. Sams, metes and bounds, 0.129 acre, 425 W. Moore Ave., Mooresville, $160,000, on Dec. 4. … From L. Roseman to The Entrust Group, Inc., Lot 18 Mooreland Estates, 164 Elysian Dr., Mooresville, $492,000, on Dec. 6.
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Man injured in 2014 explosion receives mortgage payments for 6 months

“Walter, your family has been chosen to win the mortgage payments for 6-months. We appreciate all you do for the community – and all you've done for your family – and your family is amazing,” said Bill Altman with Premier Group. Walter and his family of five arrived at an office complex believing this
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Commercial Real Estate

Real Estate Property Types. Focused primarily in Massachusetts and California, our commercial real estate specialists know the markets in which they operate and have successfully arranged financing for projects including an $8 million apartment complex, a nearly 80,000 square-foot Class A office
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Traders Keeping DJ US Real Estate Ishares (IYR) on Close Watch As Shares Move

Currently, the 14-day ADX for DJ US Real Estate Ishares (IYR) is sitting at 14.81. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to
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Why Multifamily Housing Will Dominate the Future of Real Estate

A new report, Real Trends: The Future of Real Estate in the United States, points to an exciting era of advanced multifamily housing, a renaissance in once-abandoned urban cores, and untapped opportunities for construction companies, real estate investors, and urban planners. The report is a study of
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Fed hikes rates. What does it mean for your mortgage?

“With this optimistic outlook, driven in part by the spur in demand expected from the tax cuts, it is surprising that the Fed still expects just three rate hikes next year,” said Michael Fratantoni, chief economist with the Mortgage Bankers Association. “We think they are likely to revise up this guidance early
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LETTER: Improving the mortgage interest deductibility proposal

At least that is the case if you believe the Republicans and their claimed effects for their proposed tax reform bills. One of their proposals is to reduce the deductibility of mortgage interest. Until this year, interest on housing costs up to $1 million was tax deductible. On Nov. 2, this was reduced to $500,000.
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10 British Businesses Set To Change The Face Of SME Banking

10 British Businesses Set To Change The Face Of SME Banking

Small businesses haven't always prospered at the hands of our largest banks. For years after the credit crunch a decade ago, banks routinely refused to lend to small and medium-sized enterprises as they sought to pare back their balance sheets; we've also seen a string of scandals, with institutions
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CIBC considering US stock listing for Caribbean banking subsidiary

TORONTO — Canadian Imperial Bank Of Commerce is considering a U.S. stock listing for its Caribbean bank subsidiary. The Canadian bank (TSX:CM) said no decision has been made, but a U.S. listing would provide FirstCaribbean International Bank access to a larger investor base, enhanced liquidity
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UPDATE 1-China to ease business curbs for foreign banks

BEIJING, Dec 13 (Reuters) – China will relax requirements for foreign banks to take retail yuan deposits and allow them to do business in government bonds, the banking regulator said on Wednesday, in its latest move to open up the financial sector. For decades, China has carefully controlled the
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Navajo Nation sues Wells Fargo over banking practices

(AP) — The Navajo Nation announced Tuesday that it's suing Wells Fargo for allegedly engaging in predatory and unlawful banking practices that targeted and harmed tribal members. In a statement, Navajo Nation President Russell Begaye said the tribe's lawyer has been directed to seek restitution,
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This Startup Wants to Democratize CRISPR Gene Editing Research By Making It Free

We want to make it unencumbered, free,” Inscripta CEO Kevin Ness tells Fortune. Inscripta has a different CRISPR enzyme from the Cas9 and Cpf1 varieties most commonly being experimented with today. Called “MAD7,” the enzyme is available for free to scientists innovating in the space. “You can go
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Slut-Shaming Kirsten Gillibrand, Meet London Breed, Doug Jones Wins: Broadsheet for Dec. 13

Good morning, Broadsheet readers! Roy Moore has lost the Alabama Senate race, Kirsten Gillibrand won't stand for getting “slut-shamed” by President Trump, and San Franciso's acting mayor is a black woman. Have a lovely Wednesday.
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UK's Labour Party Fails to Reverse Banking Sector Tax Cuts

The U.K.'s Labour Party has failed in its attempt to reverse banking sector tax cuts in a move that would have derailed the legislative process for the government's latest finance bill. In a Dec. 11 House of Commons debate, the party tried to prevent lawmakers voting on the U.K.'s Finance (No. 2) Bill 2017
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Bankers in Europe Are Facing Their Worst Bonus Season in Years

Lenders including Barclays Plc, Deutsche Bank AG and Credit Suisse Group AG, which have already slashed some rewards in recent years, may see bonus pools for fixed-income traders drop by at least 10 percent and will be forced to hand out “doughnuts,” industry slang for zero payout, recruiters and
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New American Funding Adds Eric and Leslie Bergen to Grow El Paso Market

New American Funding has named Eric and Leslie Bergen as Area Production Manager and Area Sales Manager, respectively. They will be key leaders responsible for expanding the company's footprint across Texas and New Mexico through increasing loan production, onboarding Loan Originators,
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Pacific Union Financial Selects CallidusCloud for Commissions and Thunderbridge Analytics

As a Fannie Mae, Freddie Mac and Ginnie Mae direct lender, we securitize and service our own loans which enables us to offer faster turn-times, world class service and competitive products to our partners. Pacific Union Financial, LLC continues to provide comprehensive products and competitive
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AGNC Investment Corp. (AGNC) to Issue $0.18 Monthly Dividend

AGNC Investment logo AGNC Investment Corp. (NASDAQ:AGNC) declared a monthly dividend on Wednesday, December 13th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.18 per share by the real estate investment trust on Tuesday, January
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Biggest Australian Business Lender to Stop New Coal Mine Funding

Australia's largest banks have been restricting lending to high carbon emitters as they face pressure from activists and shareholders to mitigate climate risks. They've ruled out financing Adani Enterprises Ltd.'s $16.5 billion thermal coal project in Queensland amid opposition from environmentalists who
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Short-terms loans used to bypass curbs

The jump in demand for bank short-term household loans also comes against a backdrop of Beijing trying to temper speculation in the property market by tightening the loan-to-value ratios for mortgages in some cities. The tighter mortgage rules have led to the widespread 'repurposing' of short-term
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Fresh Food Packaging Market at 4% CAGR; Share, Analysis, Trend, challenges, Opportunities and …

Fresh Food Packaging Market at 4% CAGR; Share, Analysis, Trend, challenges, Opportunities and Forecast to 2022 … The retail sector is booming, owing to factors such as favourable demographics, rising consumer incomes and real estate developments, especially the emergence of new shopping
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Mortgage Rates Quickly Lower After Inflation Data and Fed

Mortgage rates fell fairly quickly this afternoon following the Federal Reserves updated economic projections. While it is indeed true that the Fed “raised rates” this afternoon, there are two reasons that doesn't matter. First of all, the rate the Fed adjusts (aptly named, the Fed Funds Rate), governs only the
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Santa Cruz: 4th least affordable real estate in the world?

The stricter the building codes, laws, and permit process, the more quickly real estate value has inflated above (and in many cases way beyond) the median income. Historically, less regulated markets “have exhibited median house prices that are three times or less that of median household incomes,
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Real estate agent Fletcher and Parker fined $880k for underquoting properties in Melbourne's …

A real estate agency in Melbourne's east has been fined a record $880,000 after underquoting on 22 properties. The Federal Court found Fletcher and Parker, an agency based in Balwyn, breached consumer law in 2015 by falsely advertising the price of properties, engaging in misleading or deceptive
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Bay Area housing: While prices keep climbing, mortgage delinquencies keep falling

Home prices keep climbing across the Bay Area, yet the region's mortgage delinquency rates continue to fall. In the San Jose metropolitan area, only 1.3 percent of mortgages were delinquent by 30 days or more in September — down from 1.6 percent a year earlier. In the San Francisco metropolitan
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T-Bills yield crash seen boosting bank lending

The free lunch for banks may be coming to an end as their loan books are expected to expand over the course of 2018 amid reduced domestic borrowing by the government, likely keep money markets yield subdued. Analysts are of the view that an expansion in bank credit extension brings some risks
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Moody's affirms New Penn Financial LLC's prime jumbo originator assessment as Above Average

In the assessment, Moody's reviewed New Penn Financial, LLC's loan performance and originator ability, which among other components included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess
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Blog: House leader budges on GSE reform

Blog: House leader budges on GSE reform

The PATH Act proposed to wind down Fannie Mae and Freddie Mac within five years and eliminate the government-sponsored enterprises' (GSEs') guarantee on mortgages. The mortgage industry was strongly against the PATH Act. The bill was widely viewed as dead legislation. But so long as
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What Could Drive Bank of America's Lending Activity in 2018

Rising rates have resulted in lower credit offtake for commercial banks (XLF) over the past couple of quarters. The Fed has indicated further rate hikes in 2018, and with tax rates cuts being passed by the US Senate, banks could see subdued credit offtake in the medium term. However, growth could be
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Barclays is the latest lender to encourage first-time buyers into buy-to-let

Barclays has become the latest major lender to allow first-time buyers to borrow money to buy a property to let rather than to live in. It joins NatWest and a number of smaller building societies in offering buy-to-let mortgages to younger buyers who do not already own property. This sort of offer, the bank
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Canberra housing market poised for another stellar year

Canberra is experiencing a different story from the instability it endured a few years ago. In an outlook for the city, Domain Group Data Scientist Nicola Powell said the market has performed well in the year and sellers have a good reason to be bullish, with the March quarter reflecting the highest annual
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China Is Preparing for War Between the US and North Korea

China has started building refugee camps on the North Korean border, in what the New York Times interprets as a sign of real fears of a war between the rogue state and the U.S.. The revelation, which originally came via the microblogging site Weibo, came the same day as Secretary of State Rex
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KeyBank Secures $73.3M Acquisition Loan for 600-Unit Multifamily Asset in Louisville

Mallard Crossing in Louisville, Ky., features indoor and outdoor basketball courts, a theater room, two swimming pools, grilling deck, sauna, two dog parks and tennis courts. LOUISVILLE, KY. — KeyBank Real Estate Capital has arranged a $73.3 million Freddie Mac loan for the acquisition of Mallard
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UPS, DHL, and Other Shippers Warn of Holiday Shipping Delays

It's typically around this time each holiday season that panic sets in for some buyers about whether gifts they have ordered will be delivered on time. Websites have started warning customers of the last day they should order to ensure their packages arrive before Christmas. But the surge in holiday
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Making an impact: Company named runner-up

… left, and Travis Burt co-founded Emerald Isle-based tech company Transportation Impact in 2008 during an economic downturn, but have since grown the company to about 50 employees and $31 million in revenue. The company was named a runner-up for Business North Carolina magazine's title of
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Home prices in Edmonton expected to drop 1.5% in 2018

Edmonton is expected to see a dip in housing prices in 2018, according to a forecast by Royal LePage Market Survey Forecast. The real estate company predicts home prices in the city will drop by 1.5 per cent in 2018. The report released Wednesday morning anticipates the average home price will end
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Bank of England plans to remove "gendered language" from all banking regulation

The Bank of England plans to remove “gendered language” from its regulation of managers in the banking and finance sectors. The Bank's Prudential Regulation Authority (PRA) will change the Senior Managers and Certification Regime (SM&CR), the rules governing who bankers, insurers, and other
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Oil States buying GEODynamics for $525m

Houston's Oil States International said it will buy fracking technology company GEODynamics for $525 million to help stay ahead of North American energy trends. The Houston oilfield services firm aims to take advantage of GEODynamics' specialties at shale rock perforation technologies to better
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Red-hot real estate market cools slightly in November. But it's still pretty warm.

The red-hot Thurston County housing market, which produced month after month of double-digit sales gains over last year, finally hit a cooler stretch in November, according to recently released Northwest Multiple Listing Service data. The result was that sales of single-family homes fell nearly 2 percent
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Want to Hold Your Own ICO? Indiegogo Can Help You With That

Crowdfunding sites like Kickstarter (kickstarter, +0.00%) and Indiegogo raised start-up cash for a generation of online entrepreneurs, but one increasingly visible method of internet-sourced financing seemed to have slipped their notice—until now. This week, Indiegogo is making its first foray initial coin
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Rising home prices are putting a strain on the US housing market

COLUMBUS, Ohio, Dec. 13, 2017 /PRNewswire/ Sustained, rapid home appreciation is weakening the near-term outlook for the U.S. housing market, according to Nationwide's latest Health of Housing Markets Report (HoHM Report). “The biggest concern with regard to the housing market in 2017,
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PM Narendra Modi reassures depositors, says government taking steps to fix banking system

Prime Minister Narendra Modi during a speech at the Annual General Meeting (AGM) of the Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday said the government was taking steps to address the poor state of banks in the country, and that noise around the
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CNN Says Someone Hacked Anderson Cooper's Twitter to Call Trump a 'Pathetic Loser'

CNN said on Wednesday that someone hacked the Twitter account of cable news anchor Anderson Cooper and insulted Donald Trump in a response to one of the president's tweets about last night's senate race in Alabama. The post in question, which has been deleted, called Trump a “pathetic loser”
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Oliver: Banking error offers unexpected reality check

Once all that was sorted out, we added a debit card function to his account and moved to online banking, and I started paying even greater attention to our accounts. I was happy to leave mine as a checking account at the ready for whatever personal expenses struck my fancy. (Yes, in some ways I'm a
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Open Banking is a month away. Here's a big clue what it will do

Now Nesta has announced the names of the challenge's 10 finalists, who were chosen by an impressive panel of judges including Open Banking Limited's Imran Gulamhuseinwala. Each will each receive a cash award of £100,000, as well the opportunity to compete for further prizes of £2.5m. (Neither
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More Single-Family Homes Positioned as Rentals

The number of single-family homes that used as rental properties increased by 5 million between 2006 and early 2017, according to new data by Zillow. As a result of this shift toward renting out single-family houses, approximately 270,000 fewer homes are being sold each year compared to 2006,
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China to ease business curbs for foreign banks

BEIJING (Reuters) – China will relax requirements for foreign banks to take retail yuan deposits and allow them to do business in government bonds, the banking regulator said on Wednesday, in its latest move to open up the financial sector. For decades, China has carefully controlled the activities of
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Ivanka Trump Store to Open Thursday in New Era for Brand

Ivanka Trump Store to Open Thursday in New Era for Brand

But the company has also moved to sell to consumers directly via the IvankaTrump.com website. Trademarks for the stylized “IT” letters on the storefront, which feature Ivanka's full name below, have been registered by the U.S. Patent and Trademark Office in recent weeks for use on baby products,
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Olivier Martinez To Star In Action-Adventure TV Series 'Soldiers Of Fortune'

Set in the shadowy world of high-risk corporate warfare, Soldiers of Fortune stars Martinez as Vincent Corbo, a battle-scarred black-ops Specialist hired by visionary high-tech mogul Peter Swann to fight the ruthless business rivals, corrupt governments and violent crime syndicates laying siege to
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Hartford apts. bring $3.7M

Mortgage broker Eastern Union Funding arranged acquisition financing with Freddie Mac through realty broker-adviser CBRE for the deal, officials said. The Ritz Grande features fully remodeled one- to four-bedroom units with modern appliances and hardwood floors. Amenities include on-site laundry,
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Webster Raises Prime Lending Rate to 4.50 Percent

Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of
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County Lending Support to Historic Marker Upgrade-Properties Planned for Upgrades in 2018

Julie Sumpter, of the Fort William Bent Chapter of DAR, Connie Jacobson and Big Timbers Museum Curator, Kathleen Scranton, met with the commissioners to discuss relocating the Santa Fe Trail Marker on Highway 287, about a quarter mile south of the Museum. Sumpter cited a number of reasons for
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BS Banking Round Table 2017: Lower lending rates necessary

For SME credit growth, PSBs will not be able to extend unless their branch managers start lending the loan. For the last 10 years, branch managers have stopped lending at the branch level, and unless you create an ecosystem, you will not be able to capture financial infrastructure and corporate
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Guide Bulletin 2017-27 Includes Updates and Reminders for Servicers

Imminent default evaluation, Workout Prospector, Servicing, SPP, Servicer Performance Profile, Manager Series reports.
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FNBT to launch online small biz lending platform

First National Bank and Trust (FNBT) has announced a partnership with RCGILTNER Services to launch a digital lending platform for small business … The new platform will allow FNBT to digitize the lending process for small business borrowers, cutting out the paperwork and effort involved with setting
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Mirai Botnet : 3 Men Plead Guilty to Cybercrimes

Three men have pleaded guilty to charges related to the widespread Mirai botnet cyberattack in Oct. 2016 that took down various Internet services and websites. The Justice Department said Wednesday that the three men—Paras Jha, Josiah White, and Dalton Norman—created what's known as a
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Mortgage Delinquencies Rise in September on Hurricane Destruction

The share of home mortgage loan payments that are 30 days or more past due fell from 5.2% in September 2016 to 5% in September 2017. The foreclosure inventory rate fell from 0.8% to 0.6% in the same period. The share of mortgages that transitioned from current to 30 days past due was 1.3% in
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Maryland housing market strong, but Baltimore struggles

The housing market in Maryland kept its momentum through November as the state's major metro areas continued to see increasing sales prices. Median sales price in the Baltimore metro area reached $254,000, which is a new November record, according to data provided by MarketStats by
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Purplebricks real estate agency builds US office in Southern California

Three months after launching in the United States, U.K.-based real estate agency Purplebricks is expanding its presence in Southern California through the hiring of new real estate agents and plans for further in-state growth. The three-year-old company aims to make the process of buying and selling a
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Lending a Hand to Local Disabled Community

Lending a Hand to Local Disabled Community. Shared Adventures and Building for Generations help Santa Cruzans grow through new experiences. Shared Adventures helps those with limitations enjoy athletic excursions and experience the outdoors in places like UCSC's Life Lab. By Geoff Drake.
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Facebook: Russian-linked Accounts Spent Less Than $1 on Brexit Ads

Russian-based operatives placed three advertisements on Facebook in the run-up to Britain's 2016 referendum on EU membership, spending just 97 cents to raise the issue of immigration, the social media platform said on Wednesday. Some British lawmakers have called for an inquiry into whether
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Evaluating the datas for: Fidelity National Financial, Inc. (FNF)

Fidelity National Financial, Inc. has a market capital of 10.85B at the moment and a profit to earnings ratio of 17.04. They are one of the leading companies in the Surety & Title Insurance in USA. Institutional ownership in the company is 86.90% while the short ratio is 2.42. The stock is currently offering a
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A Detroit Fund for Minority-Owned Businesses Is About to Get Much Bigger

A fund that started out as an experimental bet on minority-owned small businesses in Detroit is about to get almost three times as big. The backers of the city's Entrepreneurs of Color Fund—including JPMorgan Chase and the W.K. Kellogg Foundation—announced today that the fund would expand from
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Tax Overhaul Could Be 'Huge Win' for US Real Estate Investors

According to the report, by Cushman & Wakefield Inc., 61 percent of investment in U.S. commercial real estate is made by “pass-through” entities, those that don't pay corporate tax but instead pass income through to their owners' individual tax returns. The House bill slashes the top tax rate on such
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SG Americas Securities LLC Has $1.62 Million Position in First American Corporation (The) (FAF)

Acrospire Investment Management LLC now owns 2,696 shares of the insurance provider's stock valued at $120,000 after purchasing an additional 2,100 shares during the period. Quantbot … The Company operates through the title insurance and services segment, and specialty insurance segment.
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Realtors Raise Last-Minute Red Flags Over Tax Bill

Signed by, current National Association of Realtors (NAR) President Elizabeth Mendenhall, the letter stresses the important of homeownership to the … “Home buyers in these areas often have little choice but to take out a very large mortgage, simply because finding a residence priced below the limit that
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Stewart Information Services (STC) to pay $0.30 on Dec 29, 2017; Shiloh Industries (SHLO)'s …

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services worldwide. The company has market cap of $981.69 million. It operates through two divisions, Title Insurance and Related Services, and Ancillary Services and Corporate
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The 10 Biggest DC Real Estate Stories Of 2017

The 10 Biggest DC Real Estate Stories Of 2017

From massive waterfront developments to major office and retail deals, 2017 has been a busy year for D.C. commercial real estate. As we prepare to turn the page to 2018, Bisnow took a look back at the top 10 stories that had people talking this year.
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Year-in-review: Five of the biggest real estate stories from 2017

On the one hand, it's no surprise that 2017 was another interesting and incredibly active one for real estate in Portland. The market and all its aspects, from rising home prices and new office projects to the continuing challenges posed by the homeless crisis, continued to be a hot spot. But the year did
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People on the Move 12.13.17

… thinking, he is the perfect fit to help grow RED's market share, enhance customer service, and lead our agency relationships. I am confident in Trent's ability to build upon our already strong connections with Fannie Mae, Freddie Mac, FHA, and the Department of Housing and Urban Development.”
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How Will the Winds Shift for SoCal Housing Market After Wildfires?

Compounding the tragedy is that these are already tight housing markets. That could get worse as more displaced renters and homeowners compete for whatever unharmed abodes are available as they rebuild. It could “exacerbate an already challenging market for buyers,” says Chief Economist
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Alliancebernstein LP Raises Holdings in Philip Morris International Inc. (NYSE:PM)

The institutional investor owned 5,840,773 shares of the company's stock after buying an additional 2,139,002 shares during the period. Alliancebernstein L.P. owned approximately 0.38% of Philip Morris International worth $685,999,000 as of its most recent filing with the Securities and Exchange
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Citi, M&T, BB&T hike lending rates to 4.5% from 4.25%

CNBC's Leslie Picker reports several banks have already increased their lending rates to 4.5% following the Fed's announcement it would raise rates.
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Biggest Housing Stories 2017: The News That Rocked the Real Estate World

But as we're fond of saying, most roads lead to housing—and indeed, many of the year's biggest political, economic, and natural-disaster stories have had big ramifications for housing markets. So let's cut through the clutter! What were 2017's most noteworthy stories in residential real estate—and the
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Real estate exhibitions contributed 75% of OUD sales: chairperson

Real estate exhibitions contributed more than 75% of Orientals for Urban Development's (OUD) sales during the current year, according to Mohamed Mohamed Farid Khamis, owner of the company. Khamis told Daily News Egypt that OUD participated in 17 real estate exhibitions inside and outside
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Fox Is Said to Keep Studio Lot, Real Estate after Disney Deal

The arrangement would allow the new spinoff, controlled by the Murdoch family, to rent studio space to Disney, while Fox employees in the businesses it retains — Fox News, the Fox broadcast network and the FS1 sports channel — would be able to remain on the property. The deal between Disney and
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Fannie, Freddie expand neighborhood stabilization efforts to 10 new markets

The program is conducted as a partnership between Fannie Mae, Freddie Mac, and the National Community Stabilization Trust, a national non-profit specializes in stabilization efforts in distressed communities. The program matches distressed REO properties with “mission-focused organizations for
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Fortitude International boards TV series 'Soldiers Of Fortune'

Fortitude International has acquired international rights to TV series Soldiers Of Fortune to star Olivier Martinez, with Roadside Attractions Television on board as executive producers. Michael Colleary will serve as showrunner on the show about corporate warfare. Martinez will play black-ops specialist
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Lending a helping paw: Local groups help train dogs for people with disabilities

A furry helper — Andrea DeCrescento shares a touching moment with her service dog, Whenchester, at a training session hosted by New Horizons Service Dogs. Based in Orange City, the nonprofit group provides service dogs for people with disabilities, including for those with mobility problems or in
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Insider Buying: Reliv International, Inc (RELV) CEO Buys 4648 Shares of Stock

Reliv International logo Reliv International, Inc (NASDAQ:RELV) CEO Robert L. Montgomery purchased 4,648 shares of the stock in a transaction on Monday, December 11th. The shares were purchased at an average price of $4.50 per share, for a total transaction of $20,916.00. The acquisition was
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Triton International Limited (TRTN) Holdings Raised by Argent Capital Management LLC

Russell Investments Group Ltd. lifted its stake in shares of Triton International by 21.3% in the second quarter. Russell Investments Group Ltd. now owns 33,399 shares of the company's stock valued at $1,117,000 after buying an additional 5,862 shares during the period. Strs Ohio lifted its stake in
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Fed Raises Rate for Third Time This Year

… greenlighting increases incrementally, though frequently, in 2018 and 2019. Any hike, however small, is significant; borrowing costs, including for mortgages, could increase as the rate rises over time. The 30-year, fixed mortgage rate is currently hovering just shy of 4 percent, according to Freddie Mac.
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Sterling Capital Management LLC Buys 42554 Shares of Robert Half International Inc. (RHI)

Sterling Capital Management LLC grew its stake in shares of Robert Half International Inc. (NYSE:RHI) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,497,933 shares of the business services provider's stock after buying an
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2017's Biggest Celebrity Real Estate Winners and Losers

When it comes to luxury house hunters such as the Kardashians, Floyd Mayweather, and star couple JAY Z and Beyoncé, their property portfolios grew in 2017 with no end in sight. On the other side of the golden coin, the real estate holdings of Eminem, Lil Wayne, and Reba McEntire went south.
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921 Fortune Dr For Rent – Monroe, LA

921 Fortune Dr, Monroe, LA is a 3 bed, 2 bath, 1501 sq ft Single-family home available for rent in Monroe, Louisiana.
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BMO Harris Bank Increases US$ Prime Lending Rate to 4.50 Percent

CHICAGO, Dec. 13, 2017 /PRNewswire/ – BMO Harris Bank today announced that it is increasing its US$ prime lending rate from 4.25 percent to 4.50 percent, effective December 14, 2017. About BMO Harris Bank BMO Harris Bank provides a broad range of personal banking products and solutions
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Selecta Biosciences, Inc. (SELB) Reaches $10.12 After 5.00% Up Move; Investors Title Co (ITIC)'s …

The stock of Selecta Biosciences, Inc. (NASDAQ:SELB) is a huge mover today! The stock increased 6.53% or $0.62 during the last trading session, reaching $10.12. About 99,050 shares traded. Selecta Biosciences, Inc. (NASDAQ:SELB) has 0.00% since December 13, 2016 and is .
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CFPB Continues Use of 'Mystery Shoppers' [VIDEO]

CFPB Continues Use of 'Mystery Shoppers' [VIDEO]

The CFPB and the Department of Justice announced a joint action against BancorpSouth Bank for discriminatory mortgage lending practices that harmed minorities, which was discovered using the “mystery shopper” tactic, according to a press release. “Yes, they are still using mystery shoppers but they
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Here's what's in store for the Manhattan housing market in 2018

The Manhattan housing market proved to be relatively stable in 2017, with both prices and sales volume remaining virtually unchanged from the previous year. But in 2018, Manhattan homebuyers could see prices move in a direction they haven't since the Great Recession — down. That's according to a
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GSF Mortgage Promotes Gino Gregory to Pittsburgh Area Manager

“Gino has been a successful Branch Manager for more than three years, bringing his government lending expertise, as well as numerous long-term real estate relationships with him. His goal has always been to grow GSF Mortgage in the Western and Central PA markets. His promotion to area manager
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New Mt. Pleasant development to use prime real estate near Ravenel Bridge

Anyone traveling northbound across the Ravenel Bridge will soon have something else to look at through the windshield. A groundbreaking for a new five-acre development which includes a hotel and office space took place Tuesday. It will be located in the area bounded by Johnnie Dodds Boulevard
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Lisa Palumbo Joins Delap Real Estate

NORTHAMPTON — Lisa Palumbo, a Realtor in the Valley since March 2005, joined Delap Real Estate on Nov. 20 and will work as a buyer's and seller's agent, covering Hampshire, Franklin, and Hampden counties. A resident of Northampton for 25 years, Palumbo most recently worked as the
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Normandy lands SL Green loan for ABC Carpet & Home redevelopment

UPDATED, Dec. 13, 10:00 a.m.: Normandy Real Estate Partners secured a $170 million mortgage from SL Green Realty to fund the acquisition and redevelopment of ABC Carpet & Home's headquarters in the Flatiron District. The investment firm is paying $133 million for the property at 880-888
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JLL goes high tech to track shopping habits

JLL signed a deal with a firm that analyzes pings sent from mobile devices to track consumer shopping habits, the latest indication that the notoriously low-tech commercial real estate industry moving to catch up with the times. The world's second-largest CRE services firm cut the two-year deal with
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Hill bill ensures Fannie and Freddie don't withhold taxpayer dollars

Fannie Mae and Freddie Mac, the nation's behemoth mortgage industry GSEs, have been in government conservatorship for almost a decade following the global financial crisis in 2008. They contribute to the Housing Trust Fund. “By allowing the GSEs to retain earnings is beside the point,” Rep.
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NYCHA faces pushback in East Williamsburg over market-rate housing plan

Dozens of residents of the Cooper Park Houses turned out Tuesday night to voice opposition to the plan, under which the New York City Housing Authority would lease out a long, narrow parking lot on the edge of the property to a developer, who could then build a mix of subsidized and market-rate
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FHA condo loans slipped under Obama. Trump's HUD eyes a comeback

WASHINGTON — The mortgage and real estate industries are hopeful that the Federal Housing Administration is moving more aggressively to revive its … For example, while the National Association of Realtors welcomed the lower owner-occupancy requirements, the group raised concerns over
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Fannie Mae, Freddie Mac are top lenders in multifamily

Despite the growing competition from banks, Fannie Mae and Freddie Mac remain the major lenders in the multifamily market, holding 37% of all outstanding mortgages in the sector as of Sept. 30, according to Federal Reserve data. Fannie Mae and Freddie Mac “remain the most competitive on the
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Live video: President Trump's remarks on tax reform

The broad parameters of the deal call for cutting the top tax rate for the wealthy from 39.6 percent to 37 percent, slashing the corporate rate to 21 percent and allowing homeowners to deduct interest on the first $750,000 of a new mortgage. One congressional aide said the deal was contingent on
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Foreign buyer ban government's first step in making housing affordable and giving young Kiwis 'a …

“We've got other taxation measures designed to reign in speculation, we're going to build 100,000 affordable homes, reform the rental market, build more state housing – there's a whole range of reforms designed to settle the housing market down and give young Kiwis a crack at their first home.”.
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How politics, lack of funding, drought affected real estate sector

One of the sectors that were hardest hit was real estate where, despite a number of projects breaking ground, uptake remained suppressed for most of the year. According to players in the local real estate sector, prolonged drought, lack of access to credit and a lengthy electioneering period saw the
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Adtalem Global Hits a 52-Week High: Can It Scale Higher?

On Dec 12, shares of Adtalem Global Education Inc . ATGE rallied to a 52-week high of $45.20. … The company has also outperformed the industry in each of the 4-week, 12-week and 52-week time frames. … In fact, the company has made steady progress in reducing its exposure to Title IV funding.
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Glam Up Your New Year's Party With These Glittery Fortune Cookies

Beyond Champagne (and sparkling wine ice cream), you need another dazzler for your gilded New Year's Eve party — glittery fortune cookies! And these are made with just three ingredients: cookies, white chocolate, and assorted sprinkles. The key is sourcing fortune cookies with messages that really
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EM project finance bank lending is just below investment grade says Moody's

Analysis by Moody's has identified the 10-year average cumulative default rates of 9.4% and 10.3% for two subsets of EMDE projects, in line with those of Ba1-rated corporates. Across subsets, the average ultimate recovery rates are consistent with the 79.5% average for the total study data set of project
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Aldermore surpasses £1bn of new asset finance lending

Carl D'Ammassa, group managing director for business finance at Aldermore (pictured above), said it was delighted to have reached such a significant milestone and thanked its broker community for the opportunity to increase its lending to UK businesses. “SMEs are the backbone of the economy and it
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UBS former CMBS strategist felt like damaged goods, jury told

A former UBS Group AG senior strategist for commercial mortgage-backed securities developed suicidal thoughts and felt like a “pariah” in the industry after his 2012 firing and later lawsuit against the Swiss bank, a psychiatrist told a jury. Trevor Murray claims in the suit that the CMBS trading desk at
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Fortune names Northwell Health a Best Workplace for Diversity

13, 2017 /PRNewswire-USNewswire/ — In recognition of its commitment to diversity and inclusion, Northwell Health was selected to Fortune's annual Great Workplaces for Diversity list, ranking 55th out of 100 organizations. The list includes some of the most recognizable global brands across a number
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Canadian home prices fall 0.5 per cent in November

Canadian home prices fall 0.5 per cent in November

The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed national prices declined 0.5 per cent in November from the month before as four of the 11 cities surveyed weakened. The index was up 9.2 per cent from a year earlier,
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Liberty Tax Founder John Hewitt Faces Ouster Amid Sex Scandal Allegations

A pension fund is asking a judge to order Hewitt to relinquish his controlling stake in the national tax-preparation service after an internal review found that while running the company, he had sex in his office and hired relatives of female employees with whom he'd had romantic relationships. Liberty's
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Allow legitimate promoters to bid for stressed assets – JSW Steel

The Hindu Business Line reported that JSW Steel, which is in the race to acquire strained assets, has come in support of stressed 'legitimate promoters' who have been barred from bidding for their own companies that have been put under the hammer by the National Company Law Tribunal (NCLT).
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ValuEngine Downgrades China Yuchai International (NYSE:CYD) to Buy

China Yuchai International (NYSE:CYD) was downgraded by stock analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday, December 1st. Separately, BidaskClub downgraded shares of China Yuchai International from a “strong-buy” rating to a “buy” rating
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Berkadia Approved as a Freddie Mac Seller/Servicer

Berkadia has announced that it was approved as the first Freddie Mac Seller/Servicer to obtain the National Single Family Rental Designation by Freddie Mac Multifamily. This approval permits Berkadia to sell and service loans secured by single family rental properties nationwide to Freddie Mac.
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Nuveen Real Estate Fund (JRS) Ex-Dividend Date Scheduled for December 14, 2017

Nuveen Real Estate Fund ( JRS ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.25 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased JRS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the
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Pre-GFC signs are back, financiers worry

Some of the signs seen before the GFC are back, financiers are warning. These include rising debt, strong demand for more loans and an increase in past-due debt, according to KPMG's latest survey of non-bank lenders. Despite profits being well up at these lenders – which include finance companies,
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INSIKT raises $50 million to lend to low-income communities

Loans can be the hardest to get for the people who need them the most. An estimated 45 million Americans don't have a credit score and others have trouble bringing up their scores, even if they are in a better financial position than in years past. While most lenders would consider low-income families
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Differences Between Previous and Current FOMC Statements

Hurricane-related disruptions and rebuilding will continue to affecthave affected economic activity, employment, and inflation in the near term,recent months but past experience suggests that the storms are unlikely tohave not materially alteraltered the course ofoutlook for the national economy over the
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MICROCAPITAL BRIEF: USAID to Guarantee $15m in Agricultural Lending by Cambodia's AMK …

Through its Development Credit Authority (DCA), the US Agency for International Development (AID) has agreed to guarantee a portion of agricultural loans totaling USD 15 million to be disbursed by two microfinance institutions (MFIs) in Cambodia, Angkor Mikroheranhvatho Kampuchea (AMK)
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Homeless man opens the door to a fortune at Paris airport

A destitute and homeless man has enjoyed an upturn in his fortunes after stumbling on an unlocked cash depot at a Paris airport and walking away with €300,000. The man, aged about 50, is thought to have been looking for food in rubbish bins at Charles de Gaulle airport when he tried the door of the
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Dallas' busiest developer KDC is adding to its exec ranks

… Carolina,” KDC president Toby Grove said in a statement. “We continuously evaluate current and prospective employees and each of these individuals exemplifies excellence in the industry.” KDC has built more than 33 million square feet of corporate real estate projects valued at more than $7 billion.
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Sierra Pacific Mortgage launches new division for homebuilders

Previously, Sierra Pacific had retail, wholesale and correspondent lending channels, and lent to homebuilders, but now, it's launching a new lending channel specifically for builders. According to the company, the launch of this builder division allows Sierra Pacific to “accelerate growth on a national
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NZ non-bank lenders lift profit 10% in 2017, buoyed by strong car sales: KPMG

“The banks have been lending in a more cautious manner as a result of LVR restrictions on mortgage lending, their voluntary non-recognition of offshore income in repayment calculations and funding pressures due to higher regulatory capital requirements affecting the big four Australian-owned banks,”
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Hockey Star's Wife Describes Meeting an 'Aggressive' Donald Trump in an Elevator

Stacia Robitaille, wife of former hockey star Luc Robitaille, has tweeted about an uncomfortable experience she had with an allegedly “aggressive” Donald Trump in an elevator at Madison Square Garden years ago. “He was aggressive & told me I was coming home with him. I laughed, stating I was
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Japanese Monetary Policy is Working, But the BoJ Can't Tell You Why

The aim was to widen the gap between long- and short-term interest rates, by keeping shorter-term (10-year) government bond (JGB) rates at 0%, as a means of encouraging bank lending. As shown in top two figures above, it seemed to work. Bank lending growth soared as companies borrowed more
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Teranet: Canadian Real Estate Prices Get A Third Straight Decline, Led By Toronto

Canadian real estate prices slipped for another month in a row. Numbers from the Teranet, the operator of multiple provincial land registries, shows a third consecutive decline for urban home prices in November. Most of the decline in the index was due the largest component, Toronto, which printed
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Fox Will Keep Studio Lot, Real Estate After Disney Deal

21st Century Fox Inc. will retain its real estate portfolio, including the storied 20th Century film and television studio lot in Los Angeles, when it sells a large chunk of assets to Walt Disney Co., according to people familiar with the matter.
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Marianne Blackstone Tabner Joins Ascent Real Estate

Ascent Real Estate welcomes another exceptional professional, Marianne Blackstone Tabner to its award-winning real estate agency sales team. Blackstone Tabner is known for her stellar reputation for listing and selling residential real estate in the Boston-Northwest markets and as a national business
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Insider Buying: Babcock International Group PLC (LON:BAB) Insider Purchases 9500 Shares of …

Babcock International Group logo Babcock International Group PLC (LON:BAB) insider Mike Turner bought 9,500 shares of the firm's stock in a transaction on Monday, November 27th. The stock was acquired at an average price of GBX 673 ($9.06) per share, for a total transaction of £63,935
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Bitcoin's Insane Rise Has Initial Coin Offerings Going Gangbusters

Bitcoin's Insane Rise Has Initial Coin Offerings Going Gangbusters

Proceeds from initial coin offerings have topped $4 billion this year despite escalating warnings from U.S. officials of rising risks and fraud. About a quarter of that investment went into startups developing core technology, such as new kinds of distributed ledgers, according data from Autonomous
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How T-Mobile Plans to Replace Your Cable TV Provider

T-Mobile has spent the past four years attacking wireless industry rivals to great success. But the wireless industry isn't growing as fast as it once was, so the carrier has focused on an entirely new market: the $100 billion cable and satellite TV business. The public kickoff of the effort came on Wednesday
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Northern Technologies International (NASDAQ:NTIC) Downgraded by ValuEngine to “Hold”

ValuEngine downgraded shares of Northern Technologies International (NASDAQ:NTIC) from a buy rating to a hold rating in a research note issued to investors on Friday, December 1st. Northern Technologies International (NASDAQ NTIC) traded down $0.10 during mid-day trading on Friday, reaching
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Mondelez International Inc (MDLZ) Shares Bought by OLD National Bancorp IN

Mondelez International logo OLD National Bancorp IN grew its holdings in Mondelez International Inc (NASDAQ:MDLZ) by 12.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 32,645 shares of the company's stock after buying an additional 3,702
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Fidelity National Financial Inc (NYSE:FNF) Institutional Investors 2017 Q2 Sentiment

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. The company has market cap of $10.78 billion. The Company's Title segment offers title insurance, escrow, and
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Local home sales continued to rise in November

The national average for a 30-year fixed-rate mortgage was 3.9 percent last week, down from 4.2 percent at the beginning of the year, according to Freddie Mac. The National Association of Realtors reported at the end of November that pending home sales nationwide recovered strongly in October after
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Latest Insider Trades For McDermott International, Inc. (MDR) Sees Christopher A Krummel Buying …

McDermott International, Inc. (NYSE:MDR) on Dec. 12, 2017 saw a modest increase, closing the day at $7.39, or a increase of $0.01 or (0.14%).Volume levels waned and MDR actually managed a declined which translated to 1.7 million shares changing hands on the day. MDR traded on a high for the
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Unilever Is Launching a New 'Natural' Line of Shampoos and Soaps to Attract Millennials

There once was a time when Unilever executives would give their R&D team instructions for developing a new product that included the item's target consumer group of, say, women between the ages of 18 and 35. “That seems laughable now,” says Alan Jope, president of Unilever's personal care
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Endurance International Group (EIGI) Given Buy Rating at Oppenheimer

Endurance International Group Holdings Inc logo Oppenheimer reiterated their buy rating on shares of Endurance International Group (NASDAQ:EIGI) in a research report released on Tuesday. The brokerage currently has a $12.00 price objective on the software maker's stock. Other equities analysts
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William Raveis gets $950K break in agent-poaching case

ARMONK – A state Supreme Court justice has reduced the amount of damages awarded to real estate firm Douglas Elliman in its lawsuit against a rival firm it accused of poaching some of its top agents and listings. The amount was reduced by $950,000 to $3.8 million. After a four-week civil trial earlier
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CAI International (CAI) Cut to Buy at ValuEngine

ValuEngine downgraded shares of CAI International (NYSE:CAI) from a strong-buy rating to a buy rating in a report released on Friday, December 1st. Several other research analysts have also recently issued reports on CAI. Zacks Investment Research cut CAI International from a strong-buy rating to a
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Yum Brands' CEO: Sometimes You Need to Fail to Succeed

“You can try something in one restaurant. We've got 44,000 restaurants. So even if it doesn't go well in one restaurant, it's not going to impact the business.” he tells Fortune. Yum (yum, +0.59%) is one of America's largest companies and is ranked on the Fortune 500 with revenues of more than $6 billion.
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Mortgage Lending Services to Become TruStone Home Mortgage on January 2, 2018

PLYMOUTH, Minn., Dec. 13, 2017 (GLOBE NEWSWIRE) — Effective January 2, 2018, Mortgage Lending Services, LLC., will change its name to TruStone Home Mortgage, LLC. This new name leverages the marketplace presence of its parent company, TruStone Financial Federal Credit Union.
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raceAhead: Alabama Voted, Thank Black Women

Black voters in Alabama, specifically black women, are being given the credit for Doug Jones' victory squeaker last night. There will be many opportunities for Senator-elect Jones and other Alabama legislators to thank them going forward. Here are a few, off the top of my head: Do something about their
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NASA Confirms 'Star Wars: The Last Jedi' Will Be Screened in Space

If you think your fancy new movie theater is a cool spot to check out Star Wars: The Last Jedi this weekend, think again. A NASA spokesperson confirmed to Inverse on Tuesday that astronauts living in the International Space Station (ISS) will be able to watch Star Wars: The Last Jedi while they're
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Oil States to acquire downhole solutions co. in $525M deal

A Houston-based oilfield services company is buying a fracking-technology company based outside of Fort Worth in Millsap, Texas. … Oil States is buying GeoDynamics from funds managed by Lime Rock Partners, members of its management team and other investors, per the release. Through the
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Stratton Exteriors Releases New eBook “Home Remodeling Trends that Will Take You Into 2018 in …

Stratton Exteriors, a well-respected member of the Nashville building and real estate community, is pleased to announce a brand new eBook, “Home Remodeling Trends that Will Take You Into 2018 in Style.” The new eBook is designed to help discover new trends for the living room, dining room,
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Crestline Management LP Buys New Position in First American Corporation (The) (FAF)

Crestline Management LP bought a new position in First American Corporation (The) (NYSE:FAF) in the 3rd quarter, according to the company in its most … The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and
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Dallas is still on the list of overheated home markets

Continued home price gains in North Texas are keeping the area on a list of the nation's problem housing markets. The Dallas area was one of just a handful of U.S. metro markets that got negative ratings in a third-quarter housing study by Nationwide Mutual Insurance. The big insurer has red flagged
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Tata AIA Life eyes foray into real estate investments

Private life insurance company Tata AIA Life is looking to enter real estate investments as a category. The insurance company which was absent from this space may enter this segment soon. In an interaction with Moneycontrol, Harshad Patil, Chief Investment Officer, Tata AIA Life Insurance said,
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Billions 'wiped off' Al-Waleed's fortune following his arrest

Billions 'wiped off' Al-Waleed's fortune following his arrest

Prince Al-Waleed Bin Talal's fortune has taken a dramatic fall since his imprisonment, according to a report by the Financial Times. Billions of dollars is reported to have been “wiped off” Saudi Arabia's most famous investor following his arrest under last month's anti-corruption purge authorised by the
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NTC: Final Document Processing a Top Offering for 2017

PALM HARBOR, Fla.–(Business Wire)–Nationwide Title Clearing (NTC), the leading post-closing services provider for the nation's largest financial institutions, investors and servicers, announced today that an analysis of company performance over the past 12 months indicates that its Financial
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FRDI Bill 2017: Bank union contemplates strike if Centre proceeds with it

The clamour against the proposed Financial Resolution and Deposit Insurance (FRDI) Bill has gotten louder, if possible, with the All India Bank Employees Association (AIBEA), one of the biggest unions in the banking sector, entering the stage. The union has announced that it is contemplating a strike
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Ripple (XRP) breaks slump with South Korea – Japan banking news

Ripple is up 90% today on huge news out of Korea and Japan that testing of international transfers between banks will start as early as next spring. Recently we reviewed why Ripple could have a huge 2018 and mentioned the addition of Shinhan bank as a Ripple partner. Shinhan is the second largest
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China to ease business curbs for foreign banks, regulator says

BEIJING (Reuters) – China will relax requirements for foreign banks to take retail yuan deposits and allow them to do business in government bonds, the banking regulator said on Wednesday. It will also abolish a “waiting period” for foreign banks to start doing yuan business, the China Banking
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Houston housing market sees gains in lower-end of market

Single-family home sales across the Houston area were up 7.4 percent in November, the third straight month of year-over-year increases since Hurricane Harvey. Homes priced between $100,000 and $250,000 saw the strongest sales gains while demand for luxury homes declined compared with last
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Fannie and Freddie Will Wait Until Jan 2nd to Evict You

Both Freddie Mac and Fannie Mae announced this week that evictions from foreclosed single-family and two-to-four-unit properties owned by the GSEs will be suspended during the holiday season. The moratorium will begin on December 18 and extend through January 2 of next year. The two
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Mortgage regtech disrupts the digital divide

Tools exist, and certainly Fannie Mae and Freddie Mac have been leading that charge, but these tools are primarily focused on verification of eligibility. There is so much more to the process of underwriting and quality control where inconsistencies can cause manufacturing defects and therefore lead to
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Your money is safe in banks, says PM Narendra Modi on FRDI Bill

Talking about the Goods and Services Tax (GST), Modi said the government's effort is to ensure that maximum businesses register for GST. “The more formal the system becomes, the more it will benefit the poor. It will enable easier availability of credit from the banks, and reduce cost of logistics, thereby
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Real estate in Jefferson County

Today, there are 57 homes available in Port Townsend and 209 in the county. Inventory is usually lower in the winter months; however, the last time we saw our inventory this low was in 2006. Having been in real estate for 33 years, I have seen the ups and downs of the housing market. From 1988 to
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PM Modi attacks UPA government, big industry for banking sector crisis

NEW DELHI: Prime Minister Narendra Modi on Wednesday accused the Congress-led UPA government and big industry for the banking sector crisis, even as he … “When some in the government pressured the banks to give loans to a select few industrialists, where were organisations like FICCI then?
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Omarosa Is Leaving Her White House Role

Trump and Omarosa Manigault at the “All-Star Celebrity Apprentice” Red Carpet Event at Trump Tower on April 1, 2013 in New York City. Charles Eshelman FilmMagic. By Chris Morris. Updated: December 13, 2017 11:03 AM ET. Omarosa Manigault Newman was fired by Donald Trump on The
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RBI imposes restrictions on Corporation Bank as its bad loans crosses 10%

In the past, RBI has placed restrictions on seven banks which include Oriental Bank of Commerce, Dena Bank, Central Bank of India, IDBI Bank, Indian Overseas Bank, Bank of Maharashtra and UCO Bank. The RBI has also clarified in the past that banks are placed under PCA to facilitate them to take
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Commonwealth Bank admits some claims, denies others in money laundering

[SYDNEY] Commonwealth Bank of Australia (CBA) admitted it was late in submitting suspicious-transaction reports but will contest many of the other charges made by Australia's financial-crimes regulator, according to its defence against money laundering allegations filed in the Federal Court in Sydney
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Is Your Energy Bill Skyrocketing? Blame China

China's war against smog is lifting prices for energy all over the world, according to analysts at Goldman Sachs Group Inc. and the International Energy Agency. Policies promoting natural gas use have helped boost China's consumption by 19 percent this year and raised it to the world's second-biggest
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Term Sheet — Wednesday, December 13

“There were a slew of women starting companies who were having a hard time raising venture capital,” Lyne told Fortune. “Before they could even start talking about the business they were building, they had to explain to the guys around the table how women thought about their closets or whatever it
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Investors Title (ITIC) Downgraded to “Hold” at BidaskClub

Shares of Investors Title (ITIC) traded down $3.47 on Tuesday, reaching $187.52. 3,600 shares of the company were exchanged, compared to its average volume of 3,374. The company has a market cap of $360.40, a price-to-earnings ratio of 17.13 and a beta of 0.81. Investors Title has a 12-month low
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Real estate market outlook up despite supply constraints

Supply constraints tempered real estate and title professionals' outlook for the home purchase market over the next year, according to First American Financial Corp.'s fourth quarter Real Estate Sentiment Index. Their confidence in overall transaction volume growth for the next 12 months grew 5.3% from
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'I Was Right:' Trump Says He Knew Roy Moore Would Lose All Along

In an early morning tweet, the commander-in-chief backpedaled from his endorsement of Roy Moore after the Republican candidate lost to Democrat Doug Jones in Alabama's special Senate election on Tuesday. Jones's win represents the second loss for a Trump-backed candidate in the contest.
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RBI imposes Rs 3 crore penalty on IndusInd Bank

The Reserve Bank of India (RBI) has imposed Rs 3 crore penalty on IndusInd Bank for breaching rules on income classification norms. A statement issued by RBI said that the penalty was imposed after the regulator observed violation of various regulations issued by the RBI on non-performing loans
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