Top trends and insights driving change in retail lending

Top trends and insights driving change in retail lending

The retail lending space has been a key battleground for financial service providers since the financial crisis. Since that time, many of the Top US
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Stanbic Uganda raises $55 million for energy, telco lending

Stanbic Bank Uganda, the country's largest lender by assets, has raised $55 million through a syndicated loan provided by banks from Middle East.
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Mobile Banking

It's a no-brainer. You're glued to your phone, so you might as well get access to all of your accounts right at your fingertips. With the free Equity Bank
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Federal Reserve stress test may be illegal: banking group

The Federal Reserve may have violated the law in adopting key parts of the bank stress tests, according to a study released on Thursday from a group
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Wedbush Securities Announces Capital Markets Vertical Growth with Addition of Financial …

His major areas of focus are housing finance, mortgage servicing, and alternative areas of consumer finance, such as branch-based installment
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$57 million in Vancouver's Point Grey real estate owned by 'students': NDP housing critic

That particular transaction did not involve mortgage financing, but Eby says it raises serious questions about whether the title of a 'student' is
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In Italy The Luxury Real Estate Speaks Chinese

Recently in Beijing the twelfth edition of luxury property showcase was held. The Real Estate of luxury fair promoted by the Ferretti group and Bank of
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Quarterly report shows hot real estate market lifts B.C. budget into billions

VICTORIA — British Columbia's sizzling real estate market helped to lift the provincial budget surplus to a expected $1.9 billion, more than $1.6 billion
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Rising home prices wage war against negative equity

Many homeowners regained equity in the second quarter and rising home prices pushed up home values, according to the latest report from
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Mastered the CFPB's 900-page mortgage-servicing rule yet?

Servicers have roughly a year to study and master the Consumer Financial Protection Bureau's mortgage-servicing rule. You will be tested on it in the
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Freddie Mac Prices New $2.25 Billion Two-Year Reference Notes(R)

Freddie Mac Prices New $2.25 Billion Two-Year Reference Notes(R)

MCLEAN, VA–(Marketwired – Sep 15, 2016) – Freddie Mac ( OTCQB : FMCC ) announced today that it priced its new 0.875% two-year USD Reference
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The Morning News: Chinese Real Estate Investors Freezing Vancouver and Heating Seattle …

Seattle Is the No. 1 City in North America for Chinese Buyer Inquiries: This claim was made in The Province, a daily newspaper in British Columbia.
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Teaching an old market new tricks

The past few years brought some major new challenges to the financial markets and to the securities lending world specifically. The securities lending
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How to Become an Investment Banking Summer Analyst at Goldman Sachs

Cheat Sheet is a regular series on what it takes to land a job. This week: Spend your summer in investment banking—and possibly earn a full-time
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Solutions in Real Estate

Tune in, Saturday's, from 8 am til 9 am, to hear Jason Dillard with, “Solutions in Real Estate.” Jason is a local real estate investor, coach and, a South
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Li Ka-shing returns to HK housing with land deal

Billionaire Li Ka-shing (李嘉誠) is getting back into Hong Kong's housing market, with his property unit buying its first plot of residential land from the
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California housing market loses momentum in August as affordability crunch stifles home sales …

15, 2016 /PRNewswire-USNewswire/ — California home sales downshifted in August as low housing affordability and a tight supply of homes for sale
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Nashville sees dip in underwater mortgages

Core Logic has released its quarterly national statistics for homeowners underwater with their mortgages — and the situation is encouraging for locals.
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Training Director

This role will report to the Vice President Risk Governance and Reporting. This department has overall responsibility for management and execution of
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Exclusive: Central banks seek global standards in wake of Bangladesh heist

Commuters pass by the front of the Bangladesh central bank building in … like SWIFT that transmit payment instructions in correspondent banking.
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Home flipping reaches 6-year high

Home flipping reaches 6-year high

Home flipping just reached its highest level since 2010 as more investors entered the market in the second quarter, according to the U.S. Home
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Lloyds Names Deutsche Bank's Brinkmann Asia Banking Unit CEO

Lloyds Banking Group Plc named Oliver Brinkmann chief executive officer of its Asian commercial banking division as the firm rebuilds its operations
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Longford housing market continues to show upward trend

A recent report by the Central Bank shows that despite some recent difficulties in price trends, notably in more urban areas, house prices are set to
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Beat the Gap to Home Ownership

If you want mortgage financing, though, better make sure that you leave enough income to qualify. Lenders look at two years of income and take an
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Handling the Wells dilemma

We've asked several Banking Exchange bloggers to examine the Wells Fargo affair from the vantage of their areas of specialty. In this first installment,
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Long-term US mortgage rates rise

Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June.
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Russian-Iranian bank may ditch the US dollar

Moscow and Tehran are actively working on opening a joint bank with plans to carry out operations in national currencies, according to the former
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Freddie Mac: Mortgage Rates Still Cheap After Modest Rise

According to Freddie Mac's weekly survey of more than 100 mortgage lenders, conventional 30-year fixed rate mortgages rose 6 basis points (0.06%)
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Housing Markets Move More Into Buy Zone

The U.S. housing market is moving deeper into “buy territory,” which indicates that the majority of housing markets remain a sound investment,
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Iredell real estate transactions: Sept. 4-10

The following deeds were filed in the Iredell County Register of Deeds office from Sept. 4-10. For more information regarding specific plots of land, visit
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Real estate, hotel magnate Dean White dies at 93

Real estate, hotel magnate Dean White dies at 93

The World War II veteran joined his father's billboard company in 1946 and turned it into “a real estate and hotel empire” with holdings nationwide,
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Fitch: US Mortgage Loan Mods Double for Ocwen Post-Streamline HAMP

Historically, Ocwen's loan modification activity has been higher than the industry average for subprime and Alt-A mortgage loans in private label
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Current Mortgage Rates for Thursday, September 15, 2016

Every week the folks over at Freddie Mac collect data from a variety of lenders across the nation for their Private Mortgage Market Survey (PMMS).
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Banks tighten grip on lending

Already, some of the financial intermediaries have slowed down lending to certain critical sectors of the Ghanaian economy particularly manufacturing,
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BRIEF-Freddie Mac prices new $2.25 billion two-year reference notes securi…

NEW YORK, Sept 15 A federal appeals court on Thursday rejected Chesapeake Energy Corp's effort to avoid having to pay $438.7 million, including
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Is Ontario's land plan driving housing prices higher?

In 2015, Ontario embarked on a 10-year review of land-use plans for the Greater Golden Horseshoe region and sought advice on how these plans
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Canadian house prices still rising, but at slowest annual pace since January 2015

The average price of a Canadian home increased by 5 per cent to $456,722 in August. That's the smallest annual gain since January 2015, the
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Freddie Mac Announces Intent to Sell Seventh STACR Offering of 2016

MCLEAN, VA–(Marketwired – Sep 15, 2016) – Freddie Mac ( OTCQB : FMCC) announces its intent to sell its seventh offering this year of Structured
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Forget real estate, Lang Walker is a Beach Boy at heart

Lang Walker is taking his love of lame Beach Boy songs to a whole new level with the opening of the Kokomo Island Resort in Fiji. Apparently he
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Amundi boosts real estate with Crédit Agricole deal

Crédit Agricole, which combined its funds business with that of Societe Generale to create Amundi in 2010, is to offload its real estate arm to the
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First American Ranked Among the 2016 Best Workplaces for Women by Fortune and Great Place …

First American Ranked Among the 2016 Best Workplaces for Women by Fortune and Great Place …

BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk
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The Banking Question: 'What's different about women?'

The Pennsylvania Bankers Association's said only 37 percent of all commercial lenders in its database are women while 66 percent of retail
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Upper Pittsgrove property sells for $410K | South Jersey real estate

16 Twin Oaks Dr., Hi Point Properties to Cynthia and Glenn Capazzi for $159,000. — 24 Rodgers St., Caliver Real Estate Services LLC to Yeshvir
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Why are credit scores on mortgages trending up?

Somewhat surprisingly, according to Ellie Mae the average credit score for successful mortgage applications has been trending up since the
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Current Mortgage Rates

View today's mortgage & refinance interest rates for a variety of mortgage products, and learn how BB&T can help you reach your home loan goals.
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Action likely against errant real estate builders

West Bengal consumers affairs minister Sadhan Pande today said that his ministry was contemplating action against errant real estate builders who
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Warren, invoking Clinton, demands FBI explain failure to charge bankers

Sen. Elizabeth Warren is trying to leverage the FBI's unusual embrace of transparency around Hillary Clinton's email investigation as a means to get
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Transactions: Meridian's $6.5M NJ loan, GCP Capital's $69.8M in mortgage financing

A new mortgage of $6,500,000 was placed on a 28-unit multifamily property located on Patten Avenue in Long Branch, NJ. The loan features a rate of
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Real Estate Analyst

RESPONSIBILITIES: Are you a career motivated Real-Estate Professional looking for an excellent career opportunity with a stable, growing company
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2016 BusinessDay Banking Awards: Access Bank, UBA, FirstBank, others win big

Access Bank won in top categories on Friday night at the 2016 BusinessDay Banking Awards which held at the Eko Hotel and Suites, Victoria Island,
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Rising Home Values Put Underwater Homeowners on Dry Land

Rising Home Values Put Underwater Homeowners on Dry Land

That equates to 7.1% of all homes with a mortgage. … 5% in the coming year based on the latest projected national CoreLogic Home Price Index,” CoreLogic Chief Executive and President Anand Nallathambi said in a news release.
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MBA: Applications For Mortgages For New Homes Increased 5% In August

Applications for mortgages for new home sales increased 5% on an unadjusted basis in August compared with July and increased 14% compared
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Exclusive: Singapore banks report tax amnesty Indonesians to police

Tourists stand at a promenade across the water from the Marina Bay Sands integrated resort in Singapore June 22, 2010. REUTERS/Vivek
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National Association of Real Estate Investment Trusts Rings The NYSE Closing Bell

NAREIT. The New York Stock Exchange welcomes executives and guests of the National Association of Real Estate Investment Trusts. Edward Fritsch
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Prairie Housing Markets Respond Differently to Oil Price Decline

CALGARY, ALBERTA–(Marketwired – Sep 15, 2016) – Canada Mortgage and Housing Corporation (CMHC) released its latest Housing Market Insight
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Even the CEO of Zillow thinks you should ask a real-estate agent what your home is worth

A decade ago, when the real-estate bubble was reaching its peak and homeowners were giddy about the rise in home values, plugging in addresses
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Australia's parliament to grill bank CEOs on customer treatment

Ian Narev, Chief Executive Officer of Commonwealth Bank of Australia talks during a media conference in central Sydney August 14, 2013.
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Borrower FAQs

Please contact the Mortgage Assistance Center (MAC) immediately at 844-661-0093 to see if you qualify for assistance. I have lost my job or my hours
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This Year's Four Hottest Kitchen Trends

The analysis of popular photos on the real estate listing website and … and wood paneling, like shiplap, are the biggest kitchen trends for 2016.
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Household debt now larger than Canada's GDP as mortgage borrowing mounts

Household credit market debt, which includes consumer credit and mortgage and non-mortgage loans, rose 2 per cent in the quarter, easily outpacing
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What Is Ahead For Canadian Housing Market Boom Or Bust

What Is Ahead For Canadian Housing Market Boom Or Bust

Housing used to be something that you could hang your financial hat on. There couldn't possibly be a safer place to put your savings into than the
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Canada's real estate sector at high risk of money laundering, report warns

A task force reviewing anti-money laundering efforts uncovered serious concerns that organized crime is using the hot real estate sector to illegally
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Wells Fargo Banking Executive to Leave with $95 Million in Options

Wells Fargo Banking Executive to Leave with $95 Million in Options. Former Exec Carrie Tolstedt is leaving the bank with a hefty payout in stock and
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How to stop money laundering within the real estate market

“Get all the stakeholders to comment on real estate practices and the purchase of Vancouver real estate and I think we would get somewhere with
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Mortgage Rates and Applications Up

Freddie Mac pumped some good news into the Thursday data stream with its latest Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate
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House prices: Mortgage borrowing dives in July

Mortgage borrowing fell markedly in the first month following the vote for Brexit, according to figures published yesterday by the Council of Mortgage
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Postal Inspectors warn of banking scheme

Investigators say the suspect stole the identity of a high ranking banking official, then used her sales background to develop a sophisticated web of lies
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Fitch Assigns Ratings To Previously Unrated Freddie Mac STACR Notes

–Freddie Mac Structured Agency Credit Risk, series 2014-HQ3 class MA exchangeable notes 'BBsf'; Outlook Stable. Fitch had previously only rated
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You're Making More—but Can You Afford a House? Depends Where You Live

In San Francisco, one of the most expensive housing markets in the country, the median income rose 5.5 percent last year, to just under $97,000—but
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BRIEF-Colonia Real Estate to delist from Frankfurt Stock Exchange

BRIEF-Colonia Real Estate to delist from Frankfurt Stock Exchange … monthly decline, the Canadian Real Estate Association said on Thursday in a
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Why China's Debt Levels Are All About Property Prices

Why China's Debt Levels Are All About Property Prices

From the above analysis, property prices are a key variable in determining the leverage ratio,” the analysts write. “A high debt-to-GDP ratio could usher
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American Capital Mortgage Investment: A View From The Perspective Of A Preferred Investor: An …

Initially, I believed its improved price performance was simply a result of the tide raising all ships.. But in this case, I was wrong. MTGE's numbers over
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Mortgage rates pop higher, Freddie Mac survey says

Mortgage rates rose in the latest weekly survey from Freddie Mac, as worries over a Federal Reserve interest rate hike pushed Treasury yields to
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Buy to let mortgages| Ways to apply

You can apply for your mortgage online. We will provide you with an Agreement in Principle which will give you an idea of the amount we could lend
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Freddie Mac Prices New $2.25 Billion Two-Year Reference Notes(R) Security

MCLEAN, VA–(Marketwired – Sep 15, 2016) – Freddie Mac ( OTCQB : FMCC) announced today that it priced its new 0.875% two-year USD Reference
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Bancpost lowers the down payment requirements for mortgage loans

Bancpost has decreased the down payment required for mortgage loans to a minimum of 25 percent for loans in the local currency and to 35 percent
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It Might Take Longer Than You Think For The Future Of Banking To Arrive

For the last four years, Ripple Labs has been working to develop and scale a new technical infrastructure for sending money between banks and
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Mortgage Rates Are at Post-Brexit High: Freddie Mac

The average rate for the 30-year fixed-rate mortgage increased to its highest level since the British vote to exit the European Union, according to
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Household debt levels hit record as borrowing for mortgages mounts

Canadian household debt as a share of income hit a record high in the second quarter, Statistics Canada data showed on Thursday in a report likely
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Forget Wells Fargo, Buy These 4 Banking Stocks Instead

Additionally, the U.S. Senate Banking Committee plans to hold a hearing over the matter. Wells Fargo's CEO, John Stumpf and other top executives
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The Mortgage Professor: Mortgage interest rate fundamentals

The Mortgage Professor: Mortgage interest rate fundamentals

The largest financial transaction most homeowners undertake is their home mortgage, yet very few fully understand how mortgages are priced.
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Freddie Mac: Mortgage rates break 11-week trend

“The 10-year Treasury yield rose 18 basis points to 1.73 percent, its highest level since Brexit,” Freddie Mac Chief Economist Sean Becketti said.
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Mortgage Rates Today, Thursday, Sept. 15: Highest Since June

Thirty-year fixed mortgage rates were unchanged, while 15-year fixed and 5/1 ARM rates were modestly lower Thursday, according to a NerdWallet
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The real estate market shows modern is in and mediterranean is out

“Along with Beanie Babies, the Sony Discman and other trends of the 1990s, the once wildly popular Mediterranean-style home has fallen out of
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Mortgage Rates Head Up

30-year fixed-rate mortgage (FRM) averaged 3.50 percent with an average 0.5 point for the week ending September 15, 2016, up from last week when
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Consumption, banking two pillars of growth for next 12-18 months: Sunil Subramaniam, Sundaram …

The second is banking; thanks to the whole financial inclusion push and it is not just– you can look at the whole segment including corporate lender
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Alexandria Real Estate: The Cream Rises To The Top

Alexandria Real Estate (NYSE:ARE) is about as successful a Wall Street story as you'll find. Started in 1994 as what management fondly recalls as a
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US average 30-year mortgage rate jumps to 3.50 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June.
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US mortgage rates climb to post-Brexit high

Rates for home loans surged as fears about a Federal Reserve rate increase pummeled markets, mortgage provider Freddie Mac said Thursday.
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Mortgage rates move higher heading into fall homebuying season

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 3.5 percent with an average 0.5 point.
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Real estate gains independence on US stock market

Real estate gains independence on US stock market

Real estate, which has shared a roof with the financial sector ever since the inception of S&P Dow Jones Indices' Global Industry Classification
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That Marketplace Lending 'Partner' Just Wants Your Customers

There's a new, uneasy truce in the ongoing standoff between banks and marketplace lenders. But there are plenty of reasons to be wary of any
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Southern Title announces four title agent licensees

Teston is a closing officer located at the company's Dayton Beachside location at 400 Seabreeze Blvd. Isaac is an examiner in the company's title
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Tuxedo Cabinets, Hidden Appliances and Wood Paneling Among Top Kitchen Trends for 2016

Zillow® is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place
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Real Estate Market in Sacramento Region on the Rise

The housing market in the Sacramento region continues to recover from the recession. New num.
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Predatory lending still 'major problem' in Arizona

The analysis proves there's still a “major problem” with this type of lending – both nationwide and in Arizona, according to the Arizona Public Interest
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Your Financial App May Soon Want to Lend You Money Too

That new financial management app you're using? It may also be a way for a lender to make you an offer. MoneyLion, a startup with feet planted in
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Conservative Lending Prevails in Hotel Sector

ATLANTA—Jon S. Wright, chief executive officer of Access Point Financial, recently discussed what types of issues the hospitality industry is facing…
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Silver Arch Capital Partners Originates $10.75 Million Land Loan for Jersey City Hotel

Silver Arch Capital Partners, (silverarchcp.com), a nationwide commercial mortgage lender who is recognized for providing fast and creative bridge
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HomeUnion Launches “Power Rankings” For 31 Investment Housing Markets

HomeUnion, a real estate investment management firm which specializes in remote investment in single-family rentals, has just released its first
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