TRANSACTIONS: New mortgages and financing for the week of August 16th

TRANSACTIONS: New mortgages and financing for the week of August 16th

A new mortgage in the amount of $23,000,000 on four multifamily properties … A new mortgage of $16,250,000 was placed on an eight-story, 40-unit
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Sierra Leone Braces for More Flooding as Mudslide Victims Buried

Relatives of the victims of the mudslide queue outside an hospital in Freetown on Aug. 16, 2017. Photographer: Mohamed Saidu Bah/AFP/Getty
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FHFA: HARP extended through 2018

The program will see Fannie Mae and Freddie Mac implement a new streamlined refinance offering aimed at borrowers with high loan-to-value ratios.
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New BRICS bank plans $1.5 billion lending for South African projects

JOHANNESBURG: A New Development Bank (NDB) set up by the “BRICS” group of emerging economies plans to lend $1.5 billion to South Africa for
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Banks strike on August 22 to protest against proposed reforms

KOLKATA: United Forum of Banking Unions (UFBU), the umbrella body of trade unions in the banking sector, has called a nation-wide strike on
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Housing market unkind to millennials

“My parents could sell their house and walk away with something like $100,000,” said Mitchell, an agent with Century 21 Beutler & Associates in
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Namibian banks respond to repo cut by reducing lending rates

WINDHOEK, Aug. 17 (Xinhua) — Some banks in Namibia have responded to the repo rate cut announced by the central bank Wednesday. The Bank
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Considerations in Monetizing Retail Real Estate

Given the increasingly competitive retail environment, retail c-suite executives would be well-served to begin viewing real estate as a financial asset.
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USDA program encourages movement in rural housing market

The USDA recently announced its rural housing program, which has been around for decades, would increase the amount buyers can borrow, a sign
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Miller Homes Boosts Southern Housing Market

New developments launched this year include Mulberry Fields in Southwater, West Sussex and Anstey Gardens in the Hampshire market town of
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2017 Crop Share Leasing Trends in Nebraska

The Nebraska Farm Real Estate Market Highlights Report 2016-2017 provides recent trends on land values and rental rates for landlords, tenants,
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58% of Homeowners See a Drop in Home Values Coming

According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble
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REAL ESTATE TRANSACTIONS: August 7 – 11, 2017

Aug. 10, Clarissa Allen and Mitchell Posin, trustees of the Allen Farm Nominee Trust, sold a lot on Sheep's Crossing to Ariel R. Ashe, trustee of Sheep
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FOMC Members Concerned About Small Banks And CRE Lending

Yesterday's release of meeting minutes from the Federal Open Market Committee's July 25-26 meeting garnered plenty of headlines due to the
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Is New Housing Data Skewing Investors' Outlook?

It is not that the data is incorrect or misreported, but that real estate data … Investors should take care to follow trends as well as month-over-month
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On 10th Anniversary, Capital Econ Asks Are We On The Verge Of Another Global Financial Crisis?

He notes that as the Fed raises interest rates, financing will get more … This happened after the government cracked down on subprime mortgage
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Cohn to Remain in White House Economic Post, Official Says

National Economic Council Director Gary Cohn reportedly has no plans to resign from his position in President Donald Trump's White House, in spite
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Three lessons investors learned from the financial crisis

In the following months, struggling investment bank Bear Stearns would be bought out by competitor JP Morgan; Fannie Mae and Freddie Mac, which
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David Coleman joins Positive Lending as regional account manager

Jaxon Stevens, national sales manager at Positive Lending, said: “I am delighted that David has joined our experienced regional account manager
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US Bank Targets Robust Dallas Business Climate with Commercial Banking Expansion

U.S. Bank has opened a new commercial banking office in Dallas office as part an ongoing expansion in the Dallas-Fort Worth area, which has
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