Williamsburg Man's $450/Month Closet Revives the NY Times Real Estate Section

Williamsburg Man's $450/Month Closet Revives the NY Times Real Estate Section

Today the New York Times real estate section, the paper's not-so-subtle attempt to start an all-out class war, brings us the story of one Jack Leahy,
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Analysts See LendingTree Stalling (TREE)

Mizuho lowered its price target on the loan referral company to $116 from $122, citing concerns that the company's mortgage business is slowing and
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Government to go ahead with merger of SBI subsidiaries, BMB: Arun Jaitley

NEW DELHI: Unfazed by the protests of bank unions, Finance Minister Arun Jaitley today said the government will go ahead with the merger of
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New York Times Renovates Real Estate Section

So writes Ronda Kaysen in her inaugural weekly column “36o View,” part of Sunday's new-look New York Times Real Estate section. The Sept.
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California housing market loses momentum in August as affordability crunch stifles home sales

At $526,580, August's statewide median home price is at its highest level in nearly seven years. – Year-to-date sales are down from the previous year
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California's Housing Market Loses Steam

… San Francisco Bay regions, where runaway home prices have constrained home sales,” CAR President Pat “Ziggy” Zicarelli said in a news release.
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MyCUmortgage Opens Servicing Operation

This new service will fill in a gap credit unions face, myCUmortgage said in a news release Thursday, with most institutions have to decide between
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Mortgage Loan Officer Assistant

We are a nationwide mortgage banking firm, seeking experienced Loan Officer Assistants for our Vacaville and Fairfield offices to assist our high
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Deutsche Bank AG (USA) (DB) Drives Down the Banking Sector

European Stocks tumble on Friday as primarily driven by the declining banking sector. One of the concerning news was that Deutsche Bank
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DoJ Asks Deutsche Bank to Pay $14 Billion in Mortgage Settlement

The Wall Street Journal reported that the Department of Justice is seeking $14 billion from Deutsche Bank to settle its claims in a series of mortgage
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Banking Clampdown Dims Allure of Scandal-Hit Baltic Haven

Banking Clampdown Dims Allure of Scandal-Hit Baltic Haven

The crackdown is changing the face of Latvian banking, which flourished as the Soviet Union crumbled and has long been a magnet for wealthy
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Is California's housing boom finally coming to an end?

California home sales started to temper out in August, following the previous month's tumble in sales. Not too long ago, California's housing market
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Modification Program Activity Rises in Second Quarter: Treasury

Altogether seven servicers, including those mentioned above as well as Bank of America, CitiMortgage and Select Portfolio Servicing, made up
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Revamped Neverquest Banking Trojan Now Targets Bitcoin Commerce Sites

Banking Trojan developers have been growing an interest in the world of Bitcoin and cryptocurrency as of late. Neverquest, a popular banking Trojan
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P2P lenders LendMe and Lending Crowd looking to ramp up after slow, conservative starts with …

The low deposit rates on offer from banks in this low interest rate world are creating a great opportunity for “yield hungry” investors, according to the
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Freddie Mac Intends to Sell Seventh STACR Offering

Freddie Mac BH Freddie Mac recently announced its intent to sell another Structured Agency Credit Risk (STACR) debt notes offering, according to a
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European indices decline as Banking Shares suffer

Market Focal Points/Key Themes: European equity indices trade sharply lower in the morning session; Banking shares across Europe adding weight
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The Lending Cupboard celebrates 10 years of serving the local community

The Lending Cupboard is a Red Deer-based society that lends out medical equipment at no cost across Central Alberta, and it continues to meet a
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Americans take on more mortgage debt as housing recover…

WASHINGTON (AP) — More Americans are buying houses and taking on mortgage debt at a time when higher home prices are also boosting their
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Austin-area home sales resume growth; sizable uptick in suburbs

Many economists and real estate watchers consider six month to be healthy inventory, reinforcing the perception that Austin's housing market is
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Americans Take on More Mortgage Debt as Housing Recovers

Americans Take on More Mortgage Debt as Housing Recovers

More Americans are buying houses and taking on mortgage debt at a time when higher home prices are also boosting their ownership stakes.
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Bank Statements: 3 Things Mortgage Lenders Don't Want To See

Mortgage rule-making agency Freddie Mac says that additional scrutiny is required when bank statements include NSF fees. FHA loans require
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Banking shares across Europe hit by Deutsche Bank settlement proposals

European banking shares have plummeted after the US Department of Justice (DoJ) slapped Deutsche Bank with a hefty settlement proposal.
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Interlibrary Loan Lending Specialist

Under the broad direction of the Interlibrary Loan Librarian, the Interlibrary Loan Lending Specialist oversees the lending of library materials from all
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Vancouver's cooling market is a welcome development, but delicate

Vancouver housing has gotten increasingly out of reach for the average income earner. Yet, many households have been willing to bury themselves in
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Carolina Premier Bank adds director of SBA lending position

Carolina Premier Bank has created the new position of director of SBA lending. The bank announced Friday that Don Jackson will be responsible for
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New Broker Views On Taylor Morrison Home Corporation (NYSE:TMHC)

It also provides financial services to customers through its mortgage subsidiary, Taylor Morrison Home Funding, LLC (TMHF) and title insurance and
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People Movers of the Week: Sept. 16

In his role, Pratt will oversee engagement with the administration, Congress, state legislatures and other policymakers, as well as relationships with
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Putting Blockchain into Practice Is Proving Difficult for Banks

The banking world may not trust the idea behind bitcoin, but they have realized that bitcoin's underlying technology, the blockchain, has many
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Energy Bank welcomes National Service staff

Energy Bank has welcomed 30 National Service personnel posted to the Bank for the 2016/17 service year with a call on them to inculcate the values
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A leg in the stool

A leg in the stool

Commercial mortgage-backed securities (CMBS) have long been a popular financing technique for non-residential properties along the Gulf Coast,
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Beyond Bad: A Generation Of Real Estate Mismanagement At Rhode Island State Pension

The following is the Executive Summary from an 88-page crowd-funded forensic investigation into the real estate investments of the Employee
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Government cracks whip on illegal banking by coop societies

Even as mobilisation of deposits by Non-banking Financial Companies (NFBCs) and cooperative societies is banned, collection of money by some
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S&P Dow Jones Indices Launching New Real Estate Sector

The transition is occurring because real estate companies consist of 3.1% of … Capstead Mortgage Corporation Real Estate Trust (CMO), is in the S&P
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What to consider when you finance a home

Navigating through the mortgage process can be difficult and confusing because there are many factors to consider when obtaining financing for your
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SBI eyeing 12% growth in lending to SMEs this fiscal, says MD

The country's largest lender State Bank of India is looking at 10-12 per cent growth in disbursals to small and medium enterprises (SMEs) this year.
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BBVA appoints new head of corporate and investment banking in the US

As part of the continuous process to improve the profitability of its business globally, BBVA Corporate and Investment Banking unit is simplifying its
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Merchant Banking: The $2.7 Billion Question at Goldman Sachs

The Federal Reserve's recommendation last week to restrict merchant banking — equity investments by banks, generally in nonfinancial companies
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Premier agent spotlight: McNeill finds sales success in thriving market

“The Houston housing market continues to be hot. However, interest rates may be on the rise in the near future, so now is the time for sellers and
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STARWOOD PROPERTY TRUST (STWD) Receives Anayst Rating

… focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other
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Ageism in housing: Young people left out of housing policy say advocates

Ageism in housing: Young people left out of housing policy say advocates

Generation Squeeze aims to convince governments to address generational inequality in the housing market by shifting to address the younger
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Hong Kong property sales leap 35 per cent as investors join buying frenzy

Hong Kong's property market continued to gather pace as investors joining a mad scramble for new flats pushed overall transactions up by 35 per cent
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Shawn Vestal: Spokane's real estate market is (finally) hot

Shawn Vestal: Spokane's real estate market is (finally) hot. By Shawn Vestal shawnv@spokesman.com(509) 459-5431. ×. You've viewed 1 of 5 free
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Six Ways to Avoid Probate

Six Ways to Avoid Probate, Six Ways to Avoid Probate, Judon Fambrough, 2016-09-15T05:00:00Z, research-article, Legal Issues. Many attorneys feel
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Price growth, tight supply impacting homebuyer confidence

“It's possible that some of the hesitation about buying right now among young adults is from them not realizing there are mortgage financing options
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New Lender to Specialize In Hawaiian Properties

Honolulu Home Loans and Berkshire Hathaway Home Services have formed a new mortgage lending company, Hawaii Lending Alliance, as an
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Coalition Pushes Education Department to Start Tracking Racial Disparities in Student Lending

However, information concerning racial disparities in student lending and which groups in particular struggle with student loans is documented every
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Deutsche Bank AG (USA) (DB): $14 Billion to Settle Mortgage Probe

The US Department of Justice has asked Deutsche Bank to pay up to $14 billion in order to settle the probes driven from the financial crisis in 2008
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Licensed Real Estate Sales Agent

The Powered by Zip team at Coldwell Banker Residential Real Estate is now looking for both new and experienced real estate agents to affiliate with
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Ohio payday lenders could face new federal restrictions

Russell borrowed from a payday lender, a type of company that charges relatively high interest rates to typically poor borrowers with few other options
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Dridex Banking Trojan Now Targets Smaller Countries as Well

Dridex Banking Trojan Now Targets Smaller Countries as Well

Recent versions of the Dridex banking trojan now target smaller countries that have not been previously targeted by Dridex or other trojans on a
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Online lenders brace for new regulatory framework

NEW YORK, Sept 16 (IFR) – US regulators are turning up the heat on the struggling online lending sector amid worries the nascent industry is not
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Can Oakland's underground spaces survive a rising real-estate tide?

In this fast-moving real-estate environment, he should cower in fear, but he's conscious of his privilege compared to more vulnerable low-income
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Charlie Baker's housing jiujitsu

Standing in a leafy corner before the squat brick project, built in 1950, Baker said that the same hot real estate market that is making housing
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Mortgage Rates Today, Friday, Sept. 16: High Holding Pattern

Thirty-year and 15-year fixed mortgages, as well as 5/1 ARM rates, were all unchanged Friday, according to a NerdWallet survey of mortgage rates
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Thirst for Yield Drives Record Investor Inflows to Real Estate Funds

Real-estate funds just posted their biggest-ever weekly inflows, a sign of investors' continued appetite for income-providing holdings in an era of
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Fannie Mae: More mortgage lenders control their compliance costs

Mortgage lenders are looking more positively at their firm's profit, and are even much less concerned about compliance costs than ever before,
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Banks told to probe one-rupee deposits into zero-balance accounts: Govt

The government has asked the banks to submit their reports within 10 days to the Department of Financial Services, which oversees the country's
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Bank staff 'clone' your ATM card for cheats, misuse loophole in phone banking system

As per Reserve Bank of India (RBI) data, 11,997 cases related to ATM, credit and debit cards as well as net banking frauds were reported by banks in
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Selfie banking in South Africa not far away

One of the world's largest banks, HSBC is now allowing customers to open accounts by taking a photo of themselves with their mobile phone.
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Housebuilding giant plans strong investment in Scotland despite Brexit vote

Housebuilding giant plans strong investment in Scotland despite Brexit vote

Unveiling a 66 per cent surge in first half profits, Edinburgh-based Miller gave a reassuring update on the state of the housing market. It said sales had
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Digital Wallet

Load your Farmington Bank debit card to your mobile device and use it at contactless payment terminals. It's a quick, safe and secure way to pay in
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Consumer confidence up on housing and dairy prices

A strong housing market, rebounding dairy prices and growing optimism for the long-term economic outlook have lifted consumer confidence to its
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Deutsche Adds Pressure to Europe's Banking Woes

A lenders' selloff led by Deutsche Bank AG sent European equities toward a one-month low. The German lender sank 6.6 percent, heading for its
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Mortgage: What reverse mortgage financial assessment means to you

A recent change added two steps to the process of obtaining a reverse mortgage. The goal is to reduce defaults on reverse mortgage by making
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The Missouri Public Service Commission kicks payday lenders off utility pay stations

The Missouri Public Service Commission's new rule on payday lenders at utility pay stations went into effect this month. This is a huge step in
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Real estate rally in Vancouver this weekend

VANCOUVER (NEWS 1130) – With no end in sight as prices in the region's red-hot real estate market continue to up, there is yet another rally planned
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Free HMDA Data Dashboard; Prison for Mortgage-Related Crime; FHA, Ginnie, and Servicing …

Free data is available on nearly 95% of mortgage originations nationwide thanks to the Home Mortgage Disclosure Act (HMDA). While the raw data is
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Gibraltar exchange gains HMRC recognition

The Gibraltar Stock Exchange (GSX) has been acknowledged by the board of the UK's HM Revenue & Customs (HMRC) as a 'recognised stock
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Mortgage rates for Friday, September 16

The average rate on 30-year fixed mortgages rose, the average rate on … While mortgage rates remain low, the time it takes to close on a loan isn't
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How Real Estate Trends and Zoning Bylaws Are Threatening Canadian Nightlife

How Real Estate Trends and Zoning Bylaws Are Threatening Canadian Nightlife

While the recent closing of legendary London nightclub fabric may have officially been tied to issues around drug use and safety, many see it as part of
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Spain's Banco Popular considers floating real estate unit

UPDATE 1-Spain's Banco Popular considers floating real estate unit … The bank is making a major push to sell off real estate assets, including
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Twitter's New NFL Live Video Feature Is Proving Popular

Twitter is relying on live video to turn around its fortunes, after several … Reaching a mortgage deal would clear a major hurdle for Deutsche Bank,
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Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-F21

Freddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities. K-Deals are part of the company's business
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Nigeria: Bank Launches Products to Meet Housing Needs

To deepen mortgage financing in Nigeria, Brent Mortgage Bank Limited, has launched three new major mortgage products to bridge housing deficit in
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Shares in European lenders still lower after Deutsche Bank is asked to pay $14bn over mortgage …

German-listed shares in Deutsche Bank dropped this morning, after it admitted it had been asked to pay a massive $14bn (£10.6bn) fine by the US
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SBI to grow SME lending by 10-12%

Kolkata, Sep 16 (KNN) Country's largest public sector lender State Bank of India (SBI) looks to grow loans to small and medium enterprises (SMEs) by
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Lending platform FastPay secures investment from Citi Ventures

FastPay, a B2B lending platform and financial workflow solutions provider, announced it has closed a deal for a strategic investment from Citi Ventures
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Ask George & Chuck: When relocating to job overseas, home closing can be figured out

All title companies are familiar with handling these situations. You both can sign a durable power of attorney for someone to exercise the right to sign
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Hollywood's Top Real Estate Agents: Meet the New Players in L.A.'s "Knife Fight"

THE STARTUP UNICORN: “I understood at a young age that real estate agents didn't get enough support from their firms,” says Robert Reffkin,
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State Bank of India to lend more to small and medium enterprises in FY 2017

State Bank of India to lend more to small and medium enterprises in FY 2017

India's largest lender wants to lends more to small and medium enterprises (SMEs) this fiscal. In Picture: An employee walks out of the State Bank of
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Historic Events and Their Effect on Mortgage Rates over a Century

We've been hearing it a lot lately: Mortgage rates are near historic lows, and there's no better time to get a mortgage. As a mortgage lender, isn't
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Keypoint Solutions, a Group of Real Estate Investors in New Mexico, Announces Record Number …

So far this year, the group of real estate investors from Keypoint Solutions has purchased 157 homes, with 45 of those homes being in New Mexico.
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Deutsche Bank Shares Sink On $14 Billion DoJ Mortgage Settlement Standoff

Deutsche Bank shares plunged on Friday after the German bank said the Department of Justice is seeking a $14 billion fine to settle its mortgage
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New loan data demonstrates China's property-driven growth

CHINA'S latest bank loan data shows that although the housing market is booming, the private sector seems reluctant to invest. Chinese banks made
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BRIEF-Freddie Mac prices $1.2 bln multifamily K-deal, K-F21

NEW YORK, Sept 16 (IFR) – Bayer will be hoping that its US$66bn purchase of Monsanto won't succumb to the same failure that has tripped up many
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CFPB fines Wells Fargo $100 million

The Consumer Financial Protection Bureau fined Wells Fargo Bank $100 million for widespread unlawful sales practices. It was the largest fine the
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First-time buyers face a cocktail of woes as small deposit mortgages fall, house prices rise and …

Mortgage lending at 95 per cent LTV accounted for just 2.5 per cent of total lending in Q1 2016, down from 3 per cent the previous quarter and down
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5 emerging trends in Houston real estate amid downturn

I had a chance to sit down and chat with the Dosch brothers and Marshall to discuss five emerging trends in Houston's real estate market amid the oil
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How a new train station could expand Cambridge's 'red-hot' property market

Cambridge has seen property growth rates on a par with London. In the three years to July 2016, prices rose by a total of 37 per cent. The average
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Interest-only mortgage 'firecracker' rather than 'time bomb'

Interest-only mortgage 'firecracker' rather than 'time bomb'

But Darcy Tallon, a mortgage specialist at regulatory consultancy Bovill, said the “fuse still hasn't been lit” on the former Financial Conduct Authority
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Bank to withdraw after 50 years

A spokeswoman said Westpac, like many banks, had made changes to its branch network as counter transactions declined to less than 5 per cent of
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realtor of the week: Gates grew up in world of real estate

On the first floor of the building where I was working, there was a real estate office that I passed by a number of times a day. So, one day I just took the
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Aviation Update: Proposed 'Section 110' Changes – Impact on Asset Financing?

The changes propose to target the use of Section 110 qualifying companies holding and/or managing 'specified mortgages' including any activities
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Thames housing at "crisis point"

A report into the housing situation in Thames shows an accommodation … 50 respondents, who painted a bleak picture of the Thames housing market.
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UK real estate faces challenge as German banks signal caution

LONDON, Sept 16 (IFR) – A crucial financing channel for prime UK commercial real estate could begin to dry up, as uncertainty over the future of the
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Small business lending enjoys record levels

According to the latest figures from the National Association of Commercial Finance Brokers, small business lending has increased by almost 30 per
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Raiffeisen Bank Romania's H1 lending to medium-sized firms grows 7% y/y

Some 40% of the bank's total lending to medium-sized companies in Romania was intended for investment. Sixty percent of lending was denominated
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Britain's fastest growing category of apps? Banking

But the booming mobile banking revolution isn't affecting everyone equally, App Annie found huge differences in mobile banking use around age, with
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Better Buy: The Home Depot, Inc. vs. Lowe's

The housing market has rebounded sharply since the financial crisis in 2008, and The Home Depot (NYSE: HD) and Lowe's Companies (NYSE: LOW)
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