Fitch Rates PECO Energy First and Refunding Mortgage Bonds 'A'

Fitch Rates PECO Energy First and Refunding Mortgage Bonds 'A'

s (PECO) new issue of first and refunding mortgage bonds due 2021. The Rating Outlook is Stable. A portion of the proceeds will be used to repay the
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VP of Retail Lending

Guide Retail Sales staff in retail lending requirements and selling of retail lending products to achieve goals. Responsible for underwriting retail loan
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Realogics Sotheby's International Realty launches 'Geek Home of the Week' with GeekWire

The booming tech economy is increasingly impacting the region's commercial and residential real estate markets, and trends in the housing market
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REAL Trends recognizes Coldwell Banker team

The 2016 REAL Trends America's Best Real Estate Agents list ranks the most productive individuals and teams by state based on closed sales volume
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US Commercial Real Estate Markets Are Sinking….Again….

US commercial real estate is starting to slide…a blip or a trend?
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BRIEF-National Mortgage Insurance names Claudia Merkle as COO

MEXICO CITY, Sept 14 Mexican state-owned oil company Pemex revised its October term pricing formulas for crude oil shipped to customers in the
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COA affirms conversion judgment against mortgage lender

A mortgage company lost its appeal of a ruling that it effectively stole the Muncie property from its borrower, who is entitled to $158,392.50 in damages,
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Commercial Banking Remediation Analyst

View details & apply online for this Commercial Banking Remediation Analyst vacancy on reed.co.uk, the UK's #1 job site.
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Little sign of seasonal slow down in Twin Cities home sales

CARLOS GONZALEZ cgonzalez@startribune.com – September 13, 2016, Tonka Bay, MN, The housing market in the Twin Cities is beginning its
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NDP housing critic blames government for 'easy lending' to foreign buyers

The NDP's housing critic is blaming the provincial and federal government for allowing foreigners to easily swoop into the region's real estate market
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Portland State coach: 'I'd mortgage my house and put it on the Huskies' to win the national title

Portland State coach: 'I'd mortgage my house and put it on the Huskies' to win the national title

Portland State coach Bruce Barnum led the Vikings to an upset of Washington State in Pullman in 2015. (Courtesy Troy Wayrynen/Portland State).
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Hunt Mortgage Closes Refi for 3 Seattle Communities

Seattle—Hunt Mortgage Group recently provided three Freddie Mac small balance loans to refinance three buildings in Seattle. The transactions were
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Today's Interest Rates for Home Mortgages at PHH Mortgage, Quicken Sep 14, 2016

The benchmark 30 year fixed rate loan interest rates are on the books at 3.625% at PHH Mortgage and an APR of 3.651%. The short term, popular 15
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Lazard acquires Canadian boutique investment bank Verus Partners

Investment banking and asset management firm Lazard Ltd. said on Wednesday that it had acquired Verus Partners, a boutique Canadian investment
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Here's why this housing market boom is different

china housing buildings construction A worker wields a hammer at a demolition site in front of new residential buildings in Hefei, Anhui province,
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Wells Fargo CEO blames bank's recent woes on rogue employees, not systemic problems

The CEO of beleaguered San Francisco bank Wells Fargo is defending the company itself, saying in an interview that a recent mass firing of
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What Must A Real Estate Broker Do To Have Earned A Commission?

A case regarding a lawsuit brought by Sotheby's International Realty against Donald Deutsch over a commission for the sale of Deutsch's property
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Washington Answers the Question of Whether Title Companies Owe a Duty of Care to Third Parties…

Thus, the Washington Supreme Court “agreed with [the title company] that recognizing liability for the 'negligent recording' of a facially valid instrument
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Consumers Still Fuzzy on Down Payment Options

Consumers still appear to be unaware of low-down-payment mortgage … Millennials, still grappling with student loans and entry-level, lower-paid jobs,
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It's time for long-term fintech to break into pensions and mortgages

In this category I include long-term assets such as pensions, investments, and life assurance; and liabilities such as mortgages and student loans.
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Real estate enjoys its splendid isolation

Real estate enjoys its splendid isolation

As of Friday, listed real estate investment trusts will become the 11th sector in the Global Industry Classification Standard (GICS), the ubiquitous
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Brexit effect chills the housing market in July but mortgage brokers say buyers are coming back in …

Mortgage lending dropped like a stone in the immediate aftermath of the Brexit vote as homeowners and first-time buyers alike put their purchases on
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Fannie Mae Updates Make It Easier To Take Advantage of Green Financing

HUD and Freddie Mac are also offering green lending options making green … Fannie Mae, HUD, and Freddie Mac provide lending to over 50% of the
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Nervous About Housing? Then Avoid Canadian Imperial Bank of Commerce

According to many analysts, Canada's housing market could very well be more overvalued than the United States's market was back in 2006-07.
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Vancouver unveils tax on empty houses amid Canada housing boom

The measure will push absent homeowners to rent out their properties, easing the unaffordability crisis that is plaguing the city's housing market,
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New Accounts – Lending

Member Service – New Accounts – Teller – Lending Team Support Specialist Do you have teller and new accounts experience? Are you looking for the
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Digitisation boosts profits, investment banks told

Digitisation of investment banks could increase the struggling sector's profitability by 20 to 30 per cent over three years, offsetting much of the expected
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McKinsey: investment bank restructurings aren't working

Global investment banks – mainly those with large trading operations – have been restructuring their business models for years now, shedding
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Foreign Banks Reluctant to Deal with Iran

Valiollah Seif, Governor of Central Bank of Iran, waits to start a meeting with Britain's Foreign Secretary Philip Hammond (unseen) in Tehran, Iran
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Current Mortgage Rates for Wednesday, September 14, 2016

Stocks are still climbing, pushing up bond yields and mortgage rates alike. The markets are far from calm, though, with Wall Street's so-called “fear
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Brownstoner Adds Guides to Architecture and Real Estate

Brownstoner Adds Guides to Architecture and Real Estate

Ever feel lost among the thickets of Brooklyn real estate and streets of historic homes? Brownstoner has added a Guides section to its website,
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Real Estate Executive to Take the Helm at Governors Island

Michael M. Samuelian was appointed as president of the Trust for Governors Island on Wednesday. Credit Hiroko Masuike/The New York Times.
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ReverseVision to Host UserCon 2017 February 8–10 in San Diego

14, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of software and technology for the reverse mortgage industry, today
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CRA updates non-compliance info on real estate sector following damming report

Just how does the Canada Revenue Agency address non-compliance in the real estate sector? In light of another bombshell report on Vancouver's
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Bank Information

Get phone number, store/atm hours, services and driving directions for ROCKRIDGE.
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Why Lending Club Isn't Worth Your Money….

In its simplest form, a bank earns the spread between its borrowing costs (i.e. a savings account) and its loan income (i.e. lending rate). This spread is
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Uganda central bank opposes any commercial lending cap despite Kenya move

KAMPALA, Sept 14 (Reuters) – Uganda's central bank is opposed to capping commercial lending rates in the way Kenya has because it could halt
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Purchases Boost Labor Day Week Loan Application Volume

Mortgage applications increased 4.2% from one week earlier driven by a boost in purchase activity, according to the Mortgage Bankers Association.
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Keystone Property Finance reduces rate on fixed mortgages

Keystone Property Finance has reduced all of its fixed rates in its classic range of mortgages. Five year fixed rates now start at 3.99 per cent for 75 per
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Vendor Teamwork Critical in Transformational Real Estate Deals

Over the past few years, the commercial real estate market has witnessed many large, transformational deals. For three recent deals, a specialized
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The housing market is looking worryingly like a pyramid sales scam

The housing market is looking worryingly like a pyramid sales scam

It may be that the British housing market now resembles the classic pyramid scheme scam that rewards those at the top and punishes the fools who
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BRIEF-Orion Real Estate names John Connaway as CFO

JOHANNESBURG, Sept 14 South African investment heavyweight Brait SE intends to seek a premium listing in London to boost its profile and tap
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Kroll Bond Rating Agency Assigns Preliminary Ratings to JPMCC 2016-FLRR

The JPMCC 2016-FL8 Underlying Trust has an initial mortgage loan balance of $337.0 million and the JPMCC 2016-H2FL Underlying Trust has an
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Investigation finds banks more lenient with foreign mortgage customers

There are suggestions some the country's biggest banks have different rules for foreign clients looking for a mortgage, requiring much less scrutiny
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EIB signs EUR 40m lending programme with Eurobank to support business lending to SMEs and …

The European Investment Bank (EIB) has agreed to provide EUR 40 million to support financing by Eurobank of eligible projects undertaken by small
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Banks Told Be Ready for Customer Pain When Denmark's Rates Rise

Lars Rohde, the governor of Denmark's central bank, says there can be no creative use of monetary policy to reflect risks to the property market,
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Mortgage Area Manager – North England

View details & apply online for this Mortgage Area Manager – North England vacancy on reed.co.uk, the UK's #1 job site.
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Mortgage Applications Rise 4.2% in September

The Mortgage Bankers Association's Weekly Mortgage Applications survey recorded a 4.2% increase in the Market Composite Index on a seasonally
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Assets vs. Access: A Digital Reality for Commercial Real Estate

The commercial real estate industry is one of the slowest to adapt to the digital age. But it has to change its mental and business models or risk getting
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UBITQUITY Real Estate Platform Nearing Alpha

Real Estate and land ownership records are public, available to everyone. The issue is that they process of access them is opaque, inconsistent and
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Freddie Mac Announces Pricing of $85 Million Multifamily Small Balance Loan Securitization

Freddie Mac Announces Pricing of $85 Million Multifamily Small Balance Loan Securitization

View complete news release for Freddie+Mac+Announces+Pricing+of+%2485+Million+Multifamily+Small+Balance+Loan+Securitization
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Wells Fargo CEO Will Face Elizabeth Warren, Other Senators at Sept. 20 Hearing

Elizabeth Warren and other senators on a banking committee will have the chance to drill the head of Wells Fargo next week over a million illegal
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Mortgage industry leader AW Pickel, III joins AmCap Mortgage as Midwestern Division President

AmCap Mortgage services its own loans and is approved by HUD, Freddie Mac, Fannie Mae and Ginnie Mae. The company has been listed among
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BRIEF-Freddie Mac announces pricing of $85 mln multifamily small balance l…

COPENHAGEN, Sept 14 A Danish political watchdog on Wednesday asked the national audit office to investigate the role of key parties involved in
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Shanghai P2P Lender Raided After Failing to Make Payments

(Beijing) — Police raided the Shanghai offices of a major peer-to-peer (P2P) lending platform operator on Tuesday and arrested five people on
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Toronto luxury home sales heating up as BC tax diverts foreign buyers: Sotheby's

… 15h Want a deep look into Canadian real estate? Join House Money with @gbonnell at 5:30 p.m. ET https://t.co/TS3IoJDxQr https://t.co/r8SvwN8uIi.
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FCA mulls standalone equity release qualification

In a consultation out on 14 September the regulator said the way equity release qualifications were currently linked to mortgages meant some advisers
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BRIEF-Freddie Mac plans to issue new two-year USD reference notes security…

Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing
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Freddie Mac Green Advantage

Freddie Mac® Green Advantage suite of offerings rewards both borrowers who improve their properties to save energy – or who already have
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Sellers: Your Real Estate Deal Fell Through. What's Next?

A real estate deal can fall through for a number of reasons, but is most often due to the buyer's inability to obtain financing based on his or her financial
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Freddie Mac Prices Sixth STACR Offering

Freddie Mac Prices Sixth STACR Offering

Freddie Mac BH Freddie Mac recently priced a $515 million Structured Agency Credit Risk (STACR) debt notes offering, according to a report from the
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Tramonex teams with Saxo Payments for cross-border transfers

Tramonex has joined the Saxo Payments Banking Circle, and says it is now able to offer its clients individual, physical and virtual accounts with their
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JPMorgan hires GE lending veteran in US Southeast middle market push

NEW YORK (Reuters) – JPMorgan Chase & Co said on Wednesday it has hired General Electric Co lending veteran Clarence Nunn to lead its middle
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A.W. Pickel Heads to AmCap Mortgage

Industry veteran A.W. Pickel III is heading to AmCap Mortgage to become president of the lender's newly formed Midwestern division. In the process
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FCA commits not to tear up rulebook with mortgage review

The Financial Conduct Authority has reassured the industry that its upcoming mortgage market study is unlikely to result in “wholesale change” of the
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Affordability Concerns, Uncertainty about Down Payment Requirements Ensnaring Renters, Latest …

He regularly provides commentary on real estate market trends for its 1 million Realtor(r) members. (PRNewsFoto/National Association of Realtors).
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What Did You Buy Friday? I Bought This 12.2% Yield

Anworth Mortgage Asset Corporation (NYSE:ANH) was the most attractively priced mortgage REIT in the sector on Friday afternoon. By the time this is
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Montreal property assessments up 5.9%

“Five per cent is very little, very moderate,” said Paul Cardinal, director of market analysis at the Quebec Federation of Real Estate Boards.
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State credit union data show growth in lending, assets, shares and deposits

ALEXANDRIA, VA (September 14, 2016) — Federally insured credit unions experienced continued improvement in nearly every category in the
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Banks stage first-half fightback in buyout debt stakes

Banks have staged a fightback against non-bank rivals in the battle to lend debt to back European mid-market buyouts in the first half of 2016, after
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Housing Market 'Relatively Stable' in Northern BC

Housing Market 'Relatively Stable' in Northern BC

Prince George, B.C. – New numbers released by the British Columbia Real Estate Association (BCREA) indicate housing demand has remained
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Wells Fargo Actions Could Cause Headaches For Big Banks

The analyst said the scandal gives people in the “break up the big banks” camp more ammunition. The analyst noted that Wells Fargo has had a
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Toronto's luxury home market charges ahead: Sotheby's

The luxury housing market in the Toronto area picked up in July and August, a report by Sotheby's International Realty Canada says. The real estate
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Yorkshire Bank to invest in online banking to support cost cutting

The Clydesdale and Yorkshire banking group is investing hundreds of millions of pounds in the online banking and technology platforms at its
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BNN's Daily Chase: Foreign fuel in Toronto's housing market, BoC's property warning

On this day in 1959, the Soviets landed Luna 2 (also called Lunik 2) east of Mare Imbrium on the moon, the first time human beings had put an object
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Tikehau closes direct lending fund

Tikehau IM has closed its Tikehau Direct Lending III fund at €610m. This “new generation of direct lending fund” will provide private debt financing to
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Job Cuts Alone Won't Be Enough to Save Big Banks, McKinsey Says

Firing people won't be enough to save the world's biggest banks from technological and regulatory changes that have reshaped the industry — whole
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Nigeria: Ambode Reiterates Corporate Governance At Banking Awards

Already, the banking sector has attracted a lot of attention in the past one year, as it has no doubt had its fair share of the backlash expected in an
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Emclaire Financial Corp. (EMCF) Director David L. Cox Purchases 1500 Shares of Stock

Emclaire Financial Corp is a financial holding company. … services through its subsidiary, Emclaire Settlement Services, LLC (the Title Company).
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Why I'm not a buyer of Lloyds Banking Group plc after recent declines

Before the financial crisis, Lloyds(LSE: LLOY) was a cash cow. The bank's simple business model helped it capitalise on the UK's booming economy.
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A third straight gain for mortgage applications

A third straight gain for mortgage applications

Photo (c) BillionPhotos.com – Fotolia From the Mortgage Bankers Association (MBA), word that mortgage applications rose for a third consecutive
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Banks test staff with cyber security 'fire drills'

Thousands of bank staff are being subjected to cyber security “fire drills” to determine who opens malicious emails or fails to report suspicious
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The future of finance: Banking as a platform

This law and the possibilities new technologies bring, means the role of banking is changing and emphasizes the trend towards 'open banking'.
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FCA sets out how it will investigate mortgage panels

The FCA has set out the scope of its investigation into how mortgage panel arrangements hurt competition and consumer choice. The regulator
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Mortgage Rates Today, Wednesday, Sept. 14: Only Minor Repricing

Thirty-year fixed rates were incrementally higher, 15-year fixed mortgage rates were unchanged and 5/1 ARM rates moved up Wednesday, according
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Gold Bullion 'Positive on Stupid Politicians' as China Bank Lending Jumps, Helicopter Money Urged

The People's Bank said new lending in the world's second-largest economy – and its largest gold bullion consumer – jumping 13% year-on-year in
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House Hunting in … Scotland

The housing market in Edinburgh, Scotland's capital with almost half a million residents in its urban area, has fully recovered from the 2008 global real
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Kristen Cosby and Faye Crute Join HomeTrust Bank as Mortgage Loan Officers in the Roanoke …

Roanoke, VA – HomeTrust Bank announced that Kristen Cosby and Faye Crute have joined the bank's Virginia Mortgage Lending Team. Cosby and
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Paying Off a Mortgage – Interest as Rent?

I inherited some money when my grandmother died last winter, and as you wrote in a recent column, it could be a good investment to pay off the mortgage on my house. I wrote to my bank…
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Equity of Kenya Has 100 Billion Shillings to Help Double Loans

Equity Group Holdings Ltd., Kenya's biggest lender by market value, has as much as 100 billion shillings ($987.5 million) available for additional
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Backup buyers save problematic real estate deals

Backup buyers save problematic real estate deals

It's a scenario that's happening more often in Nashville, where the hot real estate market is encouraging homebuyers to make quick offers they might
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Greenwich Worst Housing Market, Sternlicht Says

Ah, Greenwich. The Stanwich Club. Mansions (not the Mc kind). Green lawns and properly dressed hedges. Good schools. The perfect downtown.
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Vancouver real estate shrugs off tax on foreign buyers as prices rise for 20th straight month

Canadian home prices climbed in August, led by gains in the two hottest markets Vancouver and Toronto, where prices have more than doubled in
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UK real estate funds slowly resume trading post-Brexit

Columbia Threadneedle Investments, an asset manager, said Monday that its British real estate fund would allow investors to invest and withdraw
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QCIM Makes Your QC Management Process Easier than Ever

Now is the right time to sign up for Quality Control Information Manager (QCIM), Freddie Mac's end-to-end system for managing the Quality Control
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'Permanent change to the oversight of banks': consumers to benefit from Parliamentary banking …

“This change means every year the banks will be required to appear before the … Economics Committee and answer wide ranging questions on
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How far will mortgage robo-advice go?

“Traditional mortgage advisers are in an interesting position. By embracing technology and change, they could put themselves at the forefront of this
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Stewart Information Services Corp(NYSE:STC) has been upgraded to Hold by Zacks Investment …

The Company operates through three segments: title insurance and related services, mortgage services and corporate. Title insurance and related
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Warning issued over sophisticated banking scam

With so many phishing attacks and scams out there, you can never be too careful and that's what some customers at one of Australia's biggest banks
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Pembrook Provides $20.5M of Financing for Orlando Multifamily

The financing consists of a $17.0 million first mortgage bridge loan and a $3.5 … Having discretionary capital allows us to structure complex financing
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