Base rate cut sees mortgage rates plummet

Base rate cut sees mortgage rates plummet

The base rate cut has had an understandably swift impact on variable mortgage rates, with our latest figures showing that the average plummeted to a
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Reverse Mortgages: Helping Seniors Age in Place

The company's core business is helping homeowners aged 55 years and older unlock the value of their properties with simple reverse mortgages,
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Ready, set, bake! | Weekly Lending Review

Ready, set, bake! | Weekly Lending Review. Week 36: 5 – 9 September. Last month, we visited award-winning cafe and bakery, Finch House, in Kent.
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Fitch cautions property developer lending could stoke risks

KUALA LUMPUR: Fitch Ratings has cautioned that the Malaysian government's decision to grant lending licences to property developers could add to
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Ripple Raises $55M, Adds Major Bank Partners As Blockchain Gains Ground

Despite its potential, blockchain has yet to to disrupt everyday banking. … The new partners include global banks like Standard Chartered, BMO
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Banking sector outlook for H2

What do banks think the second half of the year (H2 2016) has in store for them and what are they doing to try and design a desirable end-game?
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OCC Framework for Marketplace Lending, Fintech to Come in Fall

“That work is well under way, and we will complete that framework this fall,” Curry said Sept. 13 at a marketplace lending conference in Washington.
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Developer lending can stroke risks: Fitch

Fitch says granting lending licenses to property developers will likely … in unsecured consumer loans having slowed more than mortgage lending.
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Fitch Affirms Westpac's Mortgage Covered Bonds at 'AAA'/Stable

The credit loss component contributes 3.8%, which has increased marginally due to the reduced lenders' mortgage insurance coverage in the cover
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Chimera Investment Corporation (NYSE:CIM) approaching 52-week high, short interest down

The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage
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Capstead Mortgage Corporation Declares a $0.23 Per Share Third Quarter 2016 Common …

Capstead Mortgage Corporation Declares a $0.23 Per Share Third Quarter 2016 Common …

DALLAS–(BUSINESS WIRE)– Capstead Mortgage Corporation (NYSE: CMO) announced today that it will pay a third quarter 2016 common dividend
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Zimbabwe: FBC Building Society Hands Over Hippo Gardens

FBC Building Society has provided mortgage loans in excess of US$40 million for its own projects and direct mortgage lending since 2010. This was
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Two Harbors Investment Corp. (NYSE:TWO) approaching 52-week high, short interest stable

(TWO) has a price to earnings ratio of 44.47 versus Financial sector … mortgage-backed securities (RMBS), residential mortgage loans, mortgage
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What is fuelling Vancouver's overheated real estate market? Kathy Tomlinson will answer your …

Join investigative reporter Kathy Tomlinson as she hosts an 'Ask Me Anything' session on Reddit about her work on Vancouver's real estate market
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State Bank of India disappoints on coco debut

A disappointing debut by India in the contingent capital, or coco bond, market has cast doubt on hopes that the bond sold by State Bank of India would
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3 Signs That Vancouver's Housing Market Could Be Cooling

You've heard it all before: Canada is caught in the midst of an epic housing bubble that is focused on the blisteringly hot residential real estate markets
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Real Estate Transfers for Sept. 15, 2016

David J. Dixon and Linda Temple, co-administrators of the estate of Harvey Raymond Faulk to Donald O'Brien, Chesterfield, Va., and Michael O'Brien.
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PRG Real Estate Increases Rental Income with Yardi RENTmaximizer

SANTA BARBARA, Calif.–(BUSINESS WIRE)–Philadelphia-based PRG Real Estate has chosen Yardi RENTmaximizer™ to optimize rental income
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TSB to cut rates on range of mortgages

TSB is reducing its interest rates across a range of fixed and tracker-rate mortgages for homeowners, landlords, and those looking to remortgage.
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Bankers Endorse Finding That Fed Stress Tests Likely Illegal

A group that represents executives from some of the largest U.S. banks concluded in a paper that the Federal Reserve likely acted illegally in adopting
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Should You Refinance to a 15-Year Mortgage?

Should You Refinance to a 15-Year Mortgage?

Q: I'm eight years into my 30-year mortgage, but I want to pay it off faster. Am I better off refinancing to a 15- or 20-year loan, or just paying a bit extra
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Real Estate Should Canadians be concerned about high housing prices? Add to …

Real Estate Should Canadians be concerned about high housing prices? Add to … Should Canadians be concerned about high housing prices? 1:39
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Enter the dragon: China's Fosun International plans to invest $1 billion via realty private equity …

NEW DELHI:Chinese conglomerate Fosun International is making an entry into the Indian real estate space and plans to invest close to $1 billion
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Misery Loves Company: Our Most Horrible Book-Lending Disasters

The biggest dilemma of being a book owner is lending books to other people. Just imagine giving your child to someone for a week, and getting him
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New Broker Ratings For Anworth Mortgage Asset Corporation (NYSE:ANH)

11/04/2015 – Anworth Mortgage Asset Corporation had its “hold” rating … It finances residential mortgage loans through asset-backed securities
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PM Turnbull urges homebuyers to be prudent with money, reminds Australians interest rates will …

In 2015, ASIC cracked down on banks issuing risky mortgages. Turnbull notes that in the last 12 months he led the federal government, economic
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Laser sharp lending

Lenders, particularly those new to securities lending or considering it for the first time, often ask how they should monitor their programmes once an
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Plenty of Work Awaits the Chairman of Bankers Association

Herbert Scheidt, the man who will take charge of the Swiss Bankers Association today wasn't a widely expected choice for the post. The Vontobel
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Why Did The Sub-Prime Mortgage Crisis Become A Global Financial One?

Since the housing market was booming, investment bankers realised that they could buy mortgage contracts from the lenders and sell them to the
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Incomeless students spent $57-million on Vancouver homes in past two years

The NDP said the purchases are more evidence that authorities have let the region's housing market overheat beyond the reach of most locals.
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On this day 8 years ago, Lehman Brothers collapsed: Have we learned anything?

On this day 8 years ago, Lehman Brothers collapsed: Have we learned anything?

On this day, eight years ago, U.S. banking giant Lehman Brothers filed for bankruptcy, sending shockwaves across the global financial markets.
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Covered Bonds And The Housing Market

In this report, we make a detailed assessment of Swedish covered bonds amid rising concerns about the Swedish housing market. It is important to
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FCA reveals ageing population strategy proposals

Areas that the FCA will focus on are pensions; advice and guidance; mortgages; vulnerability; access; and scams and fraud. Once input from
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Shiver me securities lenders

The Office of Financial Research is offering a treasure trove of data to the securities lending market through its industry survey. Drew Nicol reports.
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GSE Accounting: Pro Government Legal Filings Are Unnerving

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two Fortune 50 companies in a government run conservatorship that are giving
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What do the new refinancing rules mean for property owners?

TOTAL Debt Servicing Ratio (TDSR) rules have been changed, with regard to refinancing. And as with most things involving mortgages, the average
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Today's Mortgage Interest Rates at PHH, Wells Fargo Sep 15, 2016

30 year fixed rate loan interest rates at PHH Mortgage are listed at 3.625% today carrying an APR of 3.651%. The short term, popular 15 year loan
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A borderless European banking system

The banking union seeks to break the doom loop between sovereign debt – debt from a country's government – and banking risk. This link increased
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Remortgaging soars as cheap deals are snapped up

Re-mortgage lending lifted to its strongest levels in seven years in July as homeowners snapped up the available cheap deals, it has been reported.
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Demchak Says PNC's 'Operating Below Potential' in Consumer Lending

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.
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RE/MAX Signature Properties Joins Berkshire Hathaway HomeServices Real Estate Brokerage …

RE/MAX Signature Properties Joins Berkshire Hathaway HomeServices Real Estate Brokerage …

SEA GIRT, N.J.–(BUSINESS WIRE)–Berkshire Hathaway HomeServices, part of the HSF Affiliates family of real estate brokerage networks, today
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Can banking be Uber-ed?

A new crop of startups want to revolutionize the way people bank, save for retirement, and borrow money. But overcoming a strict regulatory
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Amitabh Bachchan is lending his powerful voice to India's voiceless women

Amitabh Bachchan is pulling out all the stops when it comes to promoting his upcoming film Pink. But we aren't complaining. It's all for a good cause.
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Review flags concerns about money laundering in real estate sector

… federal regime to combat money laundering and terrorist financing. … the money usually flows through lawyers, banks or mortgage companies.
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Data Analytics: the next move for transaction banking cont….

Financial Institution who offered Transaction Banking that understand their customers and their own ability to service them in more organized,
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Mortgage problems block one in three Nottingham house sales

More than one in three house sale or purchases fall through because buyers or sellers cannot arrange a mortgage in time. This startling figure has
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$63M sale shows how commercial real estate has plunged in N.J.'s largest county

Thomas Reilly, a managing director for JLL, a global real estate company in East Rutherford, is more blunt: “The office leasing market in Bergen
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Credit union service for the Armed Forces celebrates lending over £1million to members

October 2015 saw the launch of Joining Forces, a new Credit Union service for the Armed Forces. The arrangement, backed by the Ministry of Defence
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WashLine

There's been some recent discussion in the news about different banks' approaches towards serving their customers. Like other businesses, as banks,
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15th September 2016 | Spain Housing Market Benefits From Poor Returns On Fixed Income, Bank …

The lack of investment alternatives, coupled with the fact that prices and returns are good, are two strong enough reasons for people to take their
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Mortgage rate math: How a hike would bite deep into disposable income

Mortgage rate math: How a hike would bite deep into disposable income

RBC estimates that every one-percentage-point rise in mortgage rates would now “eat up” an added 6 per cent of disposable income, compared with 3
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Zuma banker speaks: VBS Mutual Bank set to expand across SA. LISTEN!

Until President Jacob Zuma secured a mortgage through VBS Mutual Bank, few South Africans had heard of this financial services provider. Its CEO
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Fund buyers warn over ETF securities lending

Fund buyers have said securities lending on exchange-traded funds (ETFs) could add a layer of complexity and risk to products that investors deem
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Tbilisi's Real Estate Market Experiences Spike in Demand

TBILISI – Real estate market experts in Georgia's capital Tbilisi report that demand for housing and apartment rentals has increased since the end of
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Equity to extend new lending rules to mobile borrowers

Equity Bank, Kenya's largest lender by customer base, will give credit at the same maximum rate of 14.5 per cent annually to all customers, even for
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Where is the property market headed next?

That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back
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Apollo Commercial Real Estate Finance, Inc. Announces Preferred Dividends

NEW YORK–(BUSINESS WIRE)–Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors
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Real estate and construction sector underpins job creation

The real estate and construction sector continues to be an important driver for job creation in the Kingdom, with the industry creating employment for
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REAL ESTATE Trends 09.15.16

Amenities: Two-car garage, large backyard with raised garden beds, next to eucalyptus trees, fireplace, French doors and near shopping, parks and
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Bank chiefs face three-hour grilling

The chief executives of the four major banks will be grilled for three hours each in front of a parliamentary inquiry which will challenge the banks'
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Purplebricks latest British real estate firm to shrug off Brexit

Purplebricks latest British real estate firm to shrug off Brexit

Purplebricks latest British real estate firm to shrug off Brexit … Shares in Britain's biggest real estate firms lost about a quarter of their value in the
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China's Credit Fire Hose Floods Housing Market

China's credit engines were at it again last month and, worryingly, instead of sprinkling debt evenly across the financial system, mortgages took an
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Housing.com strikes partnership with rival real-estate startup PropTiger. Is a merger in the works?

Ever since the exit of founder Rahul Yadav last year, the online real-estate startup Housing has been through numerous ups and downs. Multiple
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Global Real Estate Market CAGR growth, Industry Size, Share, Trends, Analysis and Forecast to …

Global Real Estate industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume, and
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Octopus launches P2P lending platform

Octopus Investments has created a peer-to-peer lending platform, as it looks to give investors more choice through the Innovative Finance Isa.
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Driving traffic to online banking sites: top keywords

Online search is a vital source of traffic generating around 14% of traffic to global banking sites, according to digital market intelligence agency
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SE Queens asks HUD to curtail mortgage auctions

Beginning in 2010, HUD began pooling defaulted mortgages insured by the Federal Housing Association Mortgage Program and auctioning them,
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Fitch: Property developer lending can stoke risks in Malaysia

Fitch: Property developer lending can stoke risks in Malaysia … growth in unsecured consumer loans having slowed more than mortgage lending.
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STACR hits tightest price

Freddie Mac has priced its sixth STACR offering for the year, with the senior M-1 notes the tightest to date at 80bp. The US$515m STACR Series
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Brexit hits mortgage lending

First full month of lending data from the Council of Mortgage Lenders following the EU referendum showed a month-on-month decline in first-time
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Russian-Iranian Banking Partnership Aims to Ditch Dollars for Rials and Rubles

Russian-Iranian Banking Partnership Aims to Ditch Dollars for Rials and Rubles

Russian banks are welcome in Iran, where the Russian-Iranian Chamber of Commerce is actively working on opening a joint Russian-Iranian bank,
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Is the Government gearing up to big changes in the housing market?

ITV Political Editor, Robert Peston, believes Theresa May's new Government would like to do “something big” on housing within November's Autumn
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All predictions of an Auckland housing market collapse proved wrong: Alexander

Chinese buyers, who have been credited with fuelling some of the heat in the Auckland market in particular, were likely to enter the city's housing
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Lamboley graduates from banking school of Banking

Lamboley joined Central Bank as a vice president in October 2015. He is responsible for developing commercial banking relationships of existing and
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Europe banks gird for US$17bn fine over US mortgages

Royal Bank of Scotland faces the biggest potential hit of US$9.6bn from the US mortgage issue, according to analysts at JP Morgan on Thursday.
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Mortgage insurance providers forcing homeowners into bankruptcy

Struggling homebuyers are being forced into bankruptcy over mortgage insurance policies that most consumers believe are designed to protect
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Irish GDP Growth Returns To a More Reasonable Rate

Irish GDP Growth Returns To a More Reasonable Rate. 14 September 2016. Solid 0.6% quarterly increase puts year on year growth at 4.1% in
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Santander warns borrowers on interest-only mortgages after completion

Santander is warning borrowers about the risks of interest-only mortgages after the sale has completed. The lender is carrying out spot checks on its
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Internet banking fraud plunges as banks, consumers get wise

internet security pin codes banks cash Internet fraud cost Dutch banks just €148,000 in the first six months of this year, down 80% on the second half of
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Private banks in Singapore reporting Indonesians embracing tax amnesty to police

SINGAPORE (REUTERS) – Private banks in Singapore are sharing with local police the names of clients embracing an Indonesian tax amnesty,
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Malaysia to review proposal to let property developers lend to buyers

Malaysia to review proposal to let property developers lend to buyers

KUALA LUMPUR, Sept 15 (Reuters) – Malaysia is reviewing a move to allow property developers to lend to buyers, after concerns that it may cause a
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Reverse Mortgages: Can Hollywood Stars Convince you to Take on More Debt?

He is the latest Hollywood star recruited to recommend reverse mortgages. Other well-known actors trying to clean up the image of reverse mortgages
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Federal Agricultural Mortgage Corp.

Federal Agricultural Mortgage Corporation (Farmer Mac) provides a secondary market for a range of loans made to borrowers in rural America.
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Mortgages | Lending | Loan Operations

Mortgages, Develop your financial services career with this Global Bank | Fantastic company culture | Opportunity to move from a branch into
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Li Ka-Shing returns to Hong Kong property market

The purchase is a welcome boost for Hong Kong's housing market, where large developers have been reluctant to make high bids on land after home
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Tobacco rebound spurs agriculture lending

HARARE: Sound value chains in the tobacco industry have spurred lending to the agriculture sector by commercial banks, a banking executive has
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Indiabulls Housing Finance bond issue fully subscribed within first hour of open

This is the first public offer for bonds from Indiabulls Housing Finance, one of the fastest growing mortgage finance companies in India. The issue was
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Rehda: End-financing woes, loan rejection continue to dampen property market

PETALING JAYA: End-financing issues and loan rejection remain the top reasons for unsold properties in Malaysia, said the Real Estate and Housing
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Tia Rodda Named mBank Branch Manager / Mortgage Lender

MANISTIQUE, Mich., September 14, 2016 – mBank is pleased to announce the recent promotion of Tia Rodda to Branch Manager / Mortgage Lender,
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FTSE 100 falters and pound climbs above $1.32 ahead of Bank of England interest rate decision

In fact it was all over for Lehman, with this bank loaded up with humungous amounts of bad sub-prime lending, little did the market know what was
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Chart of the Day: Here's solid proof Singapore's domestic lending has grown increasingly alarming

Chart of the Day: Here's solid proof Singapore's domestic lending has grown increasingly alarming

The slowdown in Singapore's economy has dealt a huge blow for the city-state's lenders, as the 2-3% contraction in June-July was the worst in 10
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Marcus Hiles — Discusses the Latest Current Architectural Design Trends

DALLAS, TX–(Marketwired – September 15, 2016) – Real estate developer Marcus Hiles has been building attractive communities across Texas for the
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Home Loan Assurance Officer

Mortgages, Are you experienced in home loan lending documentary and input requirements for credit applications? Look no further!
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Capital City Real Estate Unveils Peninsula 88 at Buzzard Point

WASHINGTON–(BUSINESS WIRE)–Capital City Real Estate filed a submission set to the Zoning Commission today for its Peninsula 88 waterfront
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Ruling on garnishee orders to cut lending

Johannesburg – The Constitutional Court judgment on garnishee orders was likely to reduce the risk appetite of lenders and could see “risky”
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Mortgage rates head higher after 6 weeks of quiet

The most popular mortgage rose to its highest level since late June, after stalling for a month and a half near a record low. Michael Moskowitz
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Police are cracking down on P2P lending in China

The Chinese peer-to-peer (P2P) lending market has experienced some turmoil as of late and it has now led to police intervention. Chinese authorities
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Talking points: Of real estate and First Nations' fate

As real estate prices float up beyond reach, there is one bright side—for homeowners at least. Canadians' net worth increased by 4.3 per cent last
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Puna – WordPress Single Property Real estate Theme

Puna is a single property WordPress theme that covers all the real estate website needs. We provide a powerful admin panel for this theme that you
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Vietnam property market: to buy or not to buy?

Recently I gave a talk to a group of expats buying in Vietnam which is a hot topic I am regular asked about as a foreigner myself. This is all well and
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