Yellen says rate hike likely appropriate this year

Yellen says rate hike likely appropriate this year

Yellen said the financial health of the nation's banking system has strengthened considerably since the 2008 financial crisis, in part because of
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RBNZ says housing market poses financial stability risk, NZD is high

WELLINGTON: New Zealand's currency remained high and imbalances in the housing market posed a financial stability risk, the Reserve Bank of
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Mortgage applications post second consecutive decline

Photo (c) BillionPhotos.com – Fotolia Mortgage applications ticked lower in the week ending September 23, according to the Mortgage Bankers
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Freddie Mac: Mortgage Serious Delinquency rate declined in August, Lowest since July 2008

Freddie Mac reported that the Single-Family serious delinquency rate declined in August to 1.03%, down from 1.08% in July. Freddie's rate is down
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Couple converts garage into mortgage-free 480 sq. ft. modern industrial home (Video)

Increasing numbers of people are finding more meaningful alternatives to the 9 to 5 cubicled existence, the fetters of a mortgage, or the burden of debt
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U.S. Home Prices up 4% in '16, But Are Clouds Brewing for '17?

In fact, Smoke says his organization is seeing “good signs” that the new home market is finally growing substantially, with sales of new homes “up big
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FHFA Offers Insight Into GSE Foreclosure Prevention

The report also shows that the serious delinquency rates of Fannie Mae and Freddie Mac loans declined to their lowest levels since 2008.
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Vancouver, B.C. most at risk for housing bubble burst

Vancouver, B.C., London and Stockholm rank as the cities most at risk of a housing bubble after a surge in prices in the past five years, according to a
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Top uses for a reverse mortgage

You've heard the term “reverse mortgage,” but do you know how it works? A Home Equity Conversion Mortgage (HECM) – often called a reverse
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Blockchain Will Be Used By 15% of Big Banks By 2017

Trying to transfer cash to a friend's bank account is a surprisingly stressful process if you're going through a traditional bank. The transfers can take
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How to account for a reverse mortgage

If you don't know, reverse mortgage programs have been around since the early-1960's. These programs help borrowers to freeze their mortgage
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Disbarred attorney stole over $1M from investors, says DA

… estate attorney from Lindenhurst faces grand larceny charges in the theft of more than $1 million from investors she duped in a mortgage scheme,
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London Mortgage Shop Introduces New Service on Second Mortgages for Clients in Southern and …

London, ON — (SBWIRE) — 09/28/2016 — London Mortgage Shop is now introducing their new services on Second Mortgages for clients from southern
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Commercial Mortgage Returns Down for Life Insurers

Commercial mortgage loans held by life insurance companies provided lower returns in the second quarter than the previous one, according to data
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Gary 'Litefoot' Davis to Lead Tribal Lending Trade Group

The tribal lending organization said in a press release Wednesday that Davis will take on his new role starting Oct. 1. Davis will succeed Barry
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New Analyst Ratings On Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company is focused on acquiring, investing in and
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Lendified subsidiary Vault Circle receives exempt market dealer license from OSC

Small business loan provider Lendified announced today that its subsidiary Vault Circle has received regulatory approval for marketplace lending from
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Will Mortgage Bonds Be The Next Disaster – Again?

That's one reason why we think new credit risk-transfer securities (CRTs) from government-sponsored housing agencies Freddie Mac and Fannie Mae
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The Ever-Shrinking Pool of Refinance Candidates

The data shows that the mortgage rates of most current homeowners are low enough to where refinancing would not make financial sense. But what
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Mainlanders drive up home prices

The local housing market has nearly recovered fully after the 15-20 percent drop in prices since last … The local market is the world's seventh biggest.
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Survey: Bank Customers Seek Mortgage, Auto Loan, College Savings Advice

Survey: Bank Customers Seek Mortgage, Auto Loan, College Savings Advice

Fifteen percent said they would seek advice on a car loan, while 14 percent said the same about a home mortgage. Eleven percent said they would
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11 Archbold Street Thornbury Vic 3071

Charming period home with scope in superb location. 3 bedrooms House for Sale. Contact Agent. 11 Archbold Street Thornbury Vic 3071. Listed by
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Germany's Sub-Zero Bond Yields Hard to Resist Amid Banking Woes

Germany's negative-yielding bonds are proving hard to resist for investors concerned that banking-industry woes in the euro area will deepen,
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Mass exodus of escrow officers from First American Title results in legal action

More than half of First American Title Insurance Co.'s locally based escrow officers left the company abruptly recently, resulting in millions of dollars
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Mortgage Liens 101

Liens with respect to real estate are claims against your home for unpaid debt. Your mortgage is generally considered a form of a lien, as are second
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“Doc stamp” tax on Freddie Mac, Fannie Mae deals is illegal, suit says

A proposed class-action suit says Florida has been illegally collecting real estate “doc stamp” tax on homes bought from Fannie Mae and Freddie Mac.
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US to crackdown on N.Korea access to international banking

The U.S. Department of State on Tuesday pledged to block North Korea's access to banking infrastructure at the international level a day after affiliates
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Leominster Credit Union holding two free homebuyers seminars

The Fresh Start Mortgage Seminar will be held on Wednesday, October 19 and … 'Finding Your Dream Home,' 'Obtaining Financing,' and the 'Closing
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Inland Real Estate Expands Charlotte Portfolio

Charlotte—Inland Real Estate Acquisitions Inc., the purchasing arm of entities that are part of The Inland Real Estate Group of Cos., acquired
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Property investment trends

The investment term “the trend is your friend” has been around for many … If we look back at the Dubai real estate market pre-2000 it went relatively
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6 cities that could be in housing bubble

Housing markets across the globe are overheating, and some are at risk of a bubble, according to The UBS Global Real Estate Bubble Index, thanks
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Vancouver School Closures Stick Families With Impossible Choice

With the housing market in Vancouver motoring along at its dizzying pace, most potential homeowners have their hands full finding something they
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Commercial Mortgage Loan Review Specialist I and II

Description. Randstad has an exciting opportunity for Commercial Loan Documentation specialists. THIS IS A PERMANENT POSITION WITH A
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Relationship Manager – Direct Lending

Relationship Manager – Direct Lending – Director in Financial, Business Development with Carter Murray. Apply Today.
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New DoD bank lending rules will be enforced starting Oct. 3

Troops and their families will have stronger protections against predatory lenders starting Oct. 3 — and some in the banking industry have expressed
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Freddie Mac Issues Monthly Volume Summary for August 2016

MCLEAN, VA–(Marketwired – Sep 28, 2016) – Freddie Mac ( OTCQB : FMCC ) today issued the company's Monthly Volume Summary for August 2016.
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LendingClub Founder Renaud Laplanche is coming to back to Disrupt

Last year, privately held online lenders like Prosper, SoFi and Avant looked all but certain to go public at same unicorn valuations their venture
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Police lay fraud charges against suspended mortgage broker Dennis Khanna

Hamilton police have laid 19 criminal fraud-related charges against suspended mortgage broker Dinesh (Dennis) Khanna, in connection with cases
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'Doc stamp' tax on Freddie Mac, Fannie Mae deals is illegal, suit says

A proposed class-action suit says Florida has been illegally collecting real estate “doc stamp” taxes on homes bought from Fannie Mae and Freddie
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Home buyers to get Sh3,750 monthly tax relief on mortgages

Mortgage holders will be allowed to deduct up to Sh25,000 from their taxable income with the remainder taxed as per normal taxation brackets.
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Donald Trump and the truth about race and real estate in America

Donald Trump and the truth about race and real estate in America

Alexis Madrigal is Fusion's Editor-in-Chief. He was a senior editor at The Atlantic and a staff writer at Wired. He's the author of Powering the Dream
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Credit Suisse, Barclays in mortgage-settlement talks with DoJ – Bloomberg

L) are in mortgage-settlement talks with the U.S. Department of Justice, Bloomberg reported, citing sources. A Credit Suisse deal could be announced
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Underwater? $110 million to float struggling Atlanta homeowners

Nine years after the burst of the housing bubble and four years after the housing market began to steadily improve, an estimated 150,000 Georgia
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Vancouver's Housing Market Is The Biggest Bubble Risk in the World, says UBS

Vancouver's home prices were not affected by the recession – and despite weakening commodity prices they're only rising higher, according to UBS.
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Banks adopting blockchain 'dramatically faster' than expected: IBM

A transaction made with Bitcoin is seen on the display of a tablet at the Stadthaus town hall in Zug, Switzerland, August 30, 2016. REUTERS/Arnd
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Vancouver aims to curb short-term house rentals in pricey market

“House prices in Vancouver seem clearly out of step with economic fundamentals, and are in bubble risk territory,” UBS said in the Sept. 26 report.
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NYC real estate is becoming a “meritocracy”: Michael Stern

New York's real estate industry still has an aristocracy of born-rich developers, but its dominance over the business is receding – and to Michael Stern,
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KCB reports five-fold increase in lending to individuals

KCB said it had lent out Sh6.3 billion in three weeks, disapproving earlier fears that the new loan prices would deter banks from lending to individuals,
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Businessman jailed for unauthorised money-lending

A businessman who ran an illegal money-lending business was jailed for a year by a judge at Lincoln Crown Court. Samuel Bromfield, 60, of Ferry
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Renovation boom underway, CMHC says, as empty nesters need more space for adult chicks

That was one of the conclusions of a CMHC report on Ontario's housing market Tuesday, which looked at the booming market for home renovations.
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Impetus for change

There continues to be discussions and movements towards the opening of new routes to market such as peer-to-peer lending or non-indemnified
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Report: Stockholm is at risk of a housing bubble

Swiss investment bank UBS said that the Swedish capital had the third most over-valued property market in the world, behind London in second place
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Mich. men attempt to steal from title company

Kenneth Foster, 60, and Daivion Walker, 23, both of Detroit, traveled from Michigan and entered Kemp Title Co. at 806 Stone Creek Parkway around
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Sarasota-Manatee foreclosure rates approach national average

The rate of foreclosures among outstanding mortgages in the Sarasota-Manatee area stood at 1.29 percent in July, data provider CoreLogic reported
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Get a Second Mortgage for a Condo or Residential Property in Brampton with Brampton Mortgage …

People who need to apply for another mortgage for their property in Brampton no longer have to go to every bank or lender and try where they can get
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Bridging the gap between loan officers and real estate agents

Loan officers and real estate agents serve the same consumer customer and they rely on each other for leads and to ensure a smooth process for the
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Building The Future: The Next Generation of New York Real Estate

Join us on 11/17/16 for a discussion with the next generation of real estate developers. The panel is moderated by Brad Thomas, Editor, Forbes Real
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Education course offers info on real estate resources

29—RUTLAND—The Rutland Natural Resources Conservation District (RNRCD) will host a continuing education course approved by the Real Estate
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Top, Bottom Cities for Real Estate Investment

And now, from GoBankingRates, Los Angeles, we have a new top-10, or 15, or whatever list, this one regarding the viability of investing in real estate.
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House Hunting in … Costa Rica

There are no fuel docks on the lake, and boating activity largely consists of fishermen and kayakers, said Robert Lux, an owner of Moran Real Estate,
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DTE Energy hires new CIO

DTE Energy hires new CIO

Mr. Cavazos also had an assistant treasurer title; company spokeswoman Stephanie Beres could not immediately provide further information on that
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New York regulator probing Caliber Home Loans

New York's financial regulator is looking into the handling of distressed mortgages by one of the nation's fastest-growing mortgage firms, the New York
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Treasury Department awards $1.8 million to low-income lender CEI

The U.S. Department of the Treasury has awarded $1.8 million to Brunswick-based Coastal Enterprises Inc. to expand its community lending and
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Carpe Diem

The third wave of T2S markets transitioned across on the weekend of 12 September, and with it the numerous core securities lending markets.
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California's housing shortage will hamper the economy, reports say

The median price for a home in Los Angeles is $615,000, compared with $1.19 million in San Francisco, according to Redfin, the real estate website.
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JPMorgan hires Moven co-founder Alex Sion as banking, fintech converge

“The differences are actually getting smaller” between fintech and banking, says Alex Sion, who is leaving his startup to work at the country's largest
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Mortgage Application Volume Falls by 0.7% in mid-September

Overall mortgage application volume decreased 0.7% on a seasonally-adjusted basis over the course of the week ending September 23, 2016,
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Former law student accused in various scams loses real estate license

A Boston real estate broker and former Suffolk University law student accused of forging a court document to erase his larceny conviction has been
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Banking Nice Points

Then we heard that there is actually banking “nice points” because of something negative going on with his personal life! He is concerned that when
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Royal Bank of Scotland Settles Mortgage Suits for $1.1B

The bank has been alleged of mis-selling residential mortgage-backed securities (RMBS) to corporate credit unions, in the run-up to the 2008 financial
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Richmond American To Host Grand Opening Celebration In Buckeye

MDC's subsidiaries also provide mortgage financing, insurance and title services, primarily for Richmond American homebuyers, through
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Credit Suisse, Barclays in mortgage-settlement talks with DoJ-Bbg

Sept 28 (Reuters) – Credit Suisse Group AG and Barclays Plc are in mortgage-settlement talks with the U.S. Department of Justice, Bloomberg
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Banking Trends 2016: Mobile Transactions Popular With Millennials, But Many Still Can't Manage …

Of the respondents, 61.2 percent said they preferred banking via mobile app, and 82.7 percent said they'd used a mobile banking app in the past
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Indian shares end higher as banking, auto stocks lead gains

The Nifty Bank Index and the Nifty Auto Index gained as much as 0.93 percent and 1.50 percent, respectively, recovering from three sessions of
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KCB resumes lending on mobile money platform, cuts interest rate

Kenya Commercial Bank has resumed lending on the KCB Mpesa mobile banking product, effectively boosting the lender's financial technology
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EU finance ministers to hold new talks on global banking rules

French Finance Minister Michel Sapin listens to German Finance Minister Wolfgang Schaeuble (R) during a European Union finance ministers
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Great challenges, greater opportunities

There are several consequences from a securities lending perspective. There is more focus on the pledging of securities as collateral due to its
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Peter T. Sadowski Sells 15809 Shares of Fidelity National Financial Inc. (FNF) Stock

NA now owns 26,253 shares of the company's stock valued at $889,000 … FNF, through its subsidiaries, provides title insurance, mortgage services
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Number of mortages granted in Spain falls after 25 months of growth

After eliminating the defects which affected the mortgages, they will be entered in … All areas of Spain suffered a decline in the numbers of mortgages
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Trainee Mortgage Advisor

Trainee Mortgage Advisor in Accountancy with E-Careers. Apply Today.
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Securities lending in 2016 and beyond

Securities lending in 2016 and beyond

The nature of agency lending is changing along with financial markets in the post-global financial crisis era. Agent lenders have become more
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Will big data challenge the status quo?

Lenders have recognised this and are no longer satisfied with the canned reports provided to them by their agents. Lenders have leveraged their
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Credit Suisse, Barclays Said to Be in Mortgage-Settlement Talks

Deutsche Bank AG isn't the only lender wrestling with the U.S. to resolve an investigation into toxic mortgage bonds: Credit Suisse Group AG and
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SMSFs, our shadow banks, funding property market: Credit Suisse

More recently, the RBA and several economists have flagged risks in the commercial property market following a 42 per cent jump in units under
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EBRD mulls lending 41 mln euro to Romania, Moldova for natgas pipeline expansion

“The project aims to enhance Moldova's energy security by diversifying its gas supply sources,” the lender said. “The project will also include a gas
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Current Mortgage Rates for Wednesday, September 28, 2016

The yield on the U.S. 10 year treasury yield (the best market indicator of where mortgage rates are headed), we can see that it's at 1.55%, which is
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Wells Fargo CEO to testify bank had no 'orchestrated effort' to give unwanted products

John Stumpf, chairman and CEO of Wells Fargo, testifies during a Senate Committee on Banking, Housing and Urban Affairs hearing on September
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The Deutsche Bank crisis: How we got here, and where we are

A major concern for global markets about Deutsche Bank is its deep connections to global financial institutions, which has some investors fearing a
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China's Red-Hot Property Market Risks Missing Lessons From Japan's Crash

That's the increasingly held view of observers comparing China's frenzied real-estate market with the epic bust that more than two decades ago
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GRID Alternatives

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on Freddie Mac's new
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Brexit real estate backlash fans hot Swedish property market

[STOCKHOLM] Britain's vote to leave the EU may have cooled its property market. But elsewhere in Europe, things are heating up fast. In Sweden
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Suspended mortgage broker Dennis Khanna faces fraud charges

Suspended mortgage broker Dinesh (Dennis) Khanna now faces 19 criminal fraud-related charges in cases where complainants say he bilked former
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Skipton completes £100m of expat buy-to-let lending

Jim Coupe, managing director of Skipton International, said: “Our buy-to-let mortgages have been very popular with British expats around the world.
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Low Rates Keep Housing Market Strong as Affordability Erodes

Low interest rates are keeping the housing market strong even as affordability keeps declining, according to the latest Freddie Mac Multi-Indicator
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Video Collaboration is pushing the boundaries of the customer experience in Financial Services

Similarly, Nationwide Building Society has taken a leap forward by video-enabling their branches, so advisors can offer video based mortgage
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Housing is so scarce in China's Silicon Valley that even illegal “pigeon cage” apartments are going …

Shenzhen is more than just the manufacturing hub for hardware products in China—it's also the country's hottest real estate market (link in Chinese).
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Account Servicing Processor Opportunity in Glendale with National Title Company

Account Servicing Processor Opportunity in Glendale with National Title Company. This is a contract-to-hire role with an initial pay rate of $16/hr.
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Blockchain Startups Are Hoping to Fix the Cannabis Industry's Banking Problem

Federally regulated banks usually refuse to work with clients who make their money from a Schedule I drug that is still in the same category as heroin.
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Title Company Front Desk Reception

Front Desk Reception for Busy Title Office (Denver) We are looking for an energetic, detail oriented, professionally friendly person who will excel in
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Is it illegal to discuss real estate commissions on social media?

“You are NOT allowed to discuss commissions,” a Realtor recently wrote in a popular Facebook group. “It is against the Sherman Antitrust Act.”Many
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Greenville real estate agent receives 'esteemed' honor

Greenville real estate agent receives 'esteemed' honor

A Greenville real estate agent has received the state's largest professional trade association's most esteemed award. Gordon Seay has been honored
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Midwest Real Estate Data (MRED) Joins Select Group with Latest RESO Certification

LISLE, Ill., Sept. 28, 2016 (GLOBE NEWSWIRE) — Midwest Real Estate Data (MRED), Chicagoland's multiple listing service (MLS), announced that it
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mortgages if bank says no–no appraisal required

Mortgages for all types of real estate (residential or commercial), all types of credit, and all types of borrowers. Rehabs and flips welcome. Must have
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Why so many entrepreneurs with real estate and finance backgrounds are getting into legal …

Leibowitz, whose background is in finance and real estate, joins The Cannabist Show and editor-in-chief Ricardo Baca to talk about some of the
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Yellen Defends Tougher Banking Regulations

Federal Reserve Chair Janet Yellen says the financial health of the nation's banking system has strengthened considerably since the 2008 financial
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Application Volume Down on Drop in Refi Activity

Mortgage application volume was down 0.7% from the prior week as a drop in refinance activity cancelled out a gain in purchases, according to the
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Banking business model is broken, analyst warns

“Investors, regulators and the average man on the street want banks to behave more like utilities than like casinos that they were previously,” Kevin
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7-8% Fixed Rate Private Mortgages Available

We currently have a limited supply of 7-8% fixed rate mortgages available to lend for commercial, investment, and residential properties. This 7-8%
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Florida mortgage company pays Mass. $1.4 million for alleged abusive practices

A Florida mortgage company has agreed to pay the state $1.4 million to settle allegations it violated Massachusetts debt collection laws, including
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Deutsche Bank: Does it need a bailout?

The market panic reached fever pitch this week — the stock slumped to its lowest level in more than 20 years — on fears the bank may not be able to
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Real estate group PMG pulls collective ad bargain bid

A group of real estate agents has formally withdrawn an attempt to collectively bargain for ad rates after the corporate watchdog scotched the move on
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Commercial mortgage-backed securities risk retention

Commercial mortgage-backed securities have long been a source for high-leverage financing of real estate assets that did not qualify for more friendly
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Europe's banking headache threatens to rock global markets

That is the claim of at least one financial blogger, Wolf Richter, who wrote on Wednesday that deep-seated concerns about Deutsche Bank's ability to
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Sydney in property bubble 'risk zone'

SYDNEY'S property market is one of the riskiest in the world, with “excessively” low interest rates and a flood of Chinese money pushing prices up well
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Dream Homes Hot Spots and Highlights in the Luxury Real Estate Market

Koy says demand for such luxury residential real estate is strong, even this past summer—with a caveat. “If we have something in great condition,
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4 reasons Newton is Greater Boston's top suburban housing market

Last month, there were 121 home sales in Newton, making it the top-selling suburb in Greater Boston. So far this year, there have been 645 sales in
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U.S. Commercial Real Estate: A Favorite among Foreign Investors

Considerable press has been given lately to high-profile real estate acquisitions made by foreign investors, particularly those from China. China Life
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Affordability crisis almost over? Household incomes increase faster than home prices

The S&P CoreLogic Case-Shiller Indices came out today, showing yet another increase in home prices in July at a slightly faster rate than June. In fact
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Senior Policy Manager (Banking Reform)

Senior Policy Manager (Banking Reform) in Government & Politics with MICHAEL PAGE POLICY. Apply Today.
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What's the Minimum Credit Score for a Mortgage?

If you're looking to get a mortgage to buy a home, your credit score matters. A lot. If it's good, you should be able to get financing without a problem;
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Amherst Capital Expands Originations Team to Bolster Growing Commercial Real Estate Lending …

Amherst Capital Expands Originations Team to Bolster Growing Commercial Real Estate Lending …

Amherst Capital's vertically-integrated lending platform is led by a team of deeply experienced CRE professionals, the majority of whom have worked
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Low Mortgage Rates Sustain Improving Housing Markets

MCLEAN, VA — (Marketwired) — 09/28/16 — Freddie Mac (OTCQB: FMCC) today released its Multi-Indicator Market Index® (MiMi®), showing two
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DC housing market by neighborhood: $355K to $1.2M

WASHINGTON — The Washington metro region lags behind other big cities in home price appreciation, but that is not the case in the District itself,
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The Origin of Banking

Skepticism, because it's not clear to me that this account is historically grounded – or that we can understand what a modern bank does, or should do,
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Inland Real Estate Acquisitions purchases N. Carolina apartments

OAK BROOK — Inland Real Estate Acquisitions facilitated the acquisition of Vanguard Northlake, a newly developed 204-unit multifamily property
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Revealed: Why KCB bank suspended its M-Pesa platform

Kenya's biggest bank by asset base,KCB bank ,has resumed its mobile money lending after suspending the platform for six days citing technical hitch.
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Mortgage Rates Today, Sept. 28: Mixed Bag, Cash Sales Drop

Thirty-year mortgage rates inched up, while 15-year fixed and 5/1 ARM rates fell even lower, according to a NerdWallet survey of mortgage rates
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TMW unveils cashback and free valuations range

The Mortgage Works has unveiled a selection of mortgages with £250 cashback and free standard valuations across its buy-to-let range. Products
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BRIEF-Tribune Media closes major real estate sales

WASHINGTON, Sept 28 The Democratic and Republican leaders of the U.S. House of Representatives have agreed to help Flint, Michigan, resolve its
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Freddie Mac Announces New Mortgage Risk-Sharing Program

Freddie Mac announced on Monday, September 26, that it would launch a new program to help reduce the risk it takes on various mortgages.
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Indian shares little changed; banking, auto stocks gain

Sept 28 Indian shares were little changed on Wednesday after three straight sessions of falls, led by a recovery in banking and auto stocks, although
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US fines RBS bank $1.1B over pre-crisis mortgages: company

LONDON – Royal Bank of Scotland on Wednesday said it had agreed to a fine of $1.1 billion (982 million euros) with US authorities over the alleged
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De-Risking Lending Through The Use Of Credit Derivative Instruments

That is, to have the Insurance Companies provide insurance to lenders against the default risk of borrowers; especially the small and medium scale
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Finance firms upend HKMA's lending caps on property, adding fuel to red hot market

Two finance firms are challenging the Hong Kong Monetary Authority's mortgage lending caps , offering more financing than current bank loans to
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Life Company Mortgages Post 2.27 Percent Return in Second Quarter 2016

BOSTON, Sept. 28, 2016 /PRNewswire/ — Commercial mortgage loans held by life insurance companies returned 2.27 percent in second quarter
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Brazil loan defaults, lending stabilize in August

The unchanged 90-day default ratio came as lending stabilized in August. Outstanding loans totaled 3.115 trillion reais ($961 billion), unchanged from
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Deutsche Bank spooks European banking sector

Strongman of European banking brought to its knees by a $14bn penalty from the US Department of … Why does Deutsche Bank need to raise cash?
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KCB resumes mobile money lending

The Kenya Commercial bank on Wednesday resumed mobile money lending through M-Pesa after a six-day break. According to the lender, the break
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Tribune Media Shares Rise After It Closes Three Real Estate Deals

“Real estate sales closed from 2014 through today's announcement have generated $576 million of gross cash proceeds. Importantly, we estimate the
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L.A. Has Some of the Most Stressed Homeowners in America

Personal finance site finder.com recently looked at “mortgage stress” in the nation's 100 largest cities and concluded L.A. was just one place shy of
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Australia's Sydney housing market fourth on global bubble index

Australia's Sydney housing market fourth on global bubble index

Australia's Sydney has the fourth riskiest housing market in the world following a sharp jump in prices in recent years, says a report by investment bank
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Photos: Leonardo DiCaprio Puts Another Home On The Market

Is Leo trying to downsize? Is he, the environmental activist, trying to reduce the size of his carbon footprint? Just a week after putting a Malibu beach
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Courts and Compliance; FHA Condo Proposal; Lender Updates on…

“Lenders typically consider several new factors including cash reserve requirements, restrictions on mortgage and non-mortgage credit derogatories,
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Mortgage Field Services – Field Inspector

We are a regional inspection company seeking field inspectors to complete occupancy and other simple inspections on properties, typically resulting
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Wells Fargo Isn't the Only Bank That Draws Cross-Selling Complaints

WASHINGTON—Problematic sales practices at banks may extend beyond the abuses revealed in this month's $185 million enforcement action
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Credit default swap trading ' no threat to property market '

Trading in credit default swaps is unlikely to trigger a substantial correction in China ' s property market , economists said on Tuesday , saying that
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Pemberton targets Brexit opportunities with direct lending fund

Some £1.6 trillion of domestic and cross-border lending was withdrawn from the UK market between 2008 and June 2016, Pemberton said in a
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10 questions to ask a P2P lender before investing

There are 10 questions that any prospective investor should ask a peer-to-peer lender as part of their due diligence, says Mark Posniak, managing
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Chinese investors pay A$88.88m for Sydney property

Business sense suggests you try to buy property at the lowest possible price, but that was not the case for one property in Sydney, Australia. It was just
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Able Lending Secures $100MM To Fund Small Businesses From CIM

Able Lending, an online lender to small businesses, announced that it received $100 million in debt financing from Community Investment
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Tribune Media Completes Three Real Estate Sales for $430M

Tribune Media said Wednesday that it has completed the sale of three real estate properties for $430 million. It said the deals include up to an
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EU Banking Mayhem, One Bank At A Time, Then All At Once

The European banking crisis simply doesn't let up. Currently, the big two German banks are grabbing the headlines away from the Italian banks, due
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Will demise of Help to Buy 2 squeeze out FTBs?

First-time buyers are the lifeblood of the mortgage market but could lenders be about to restrict their circulation? A recent 16 per cent fall in the
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Austin fintech company collects $100M to distribute to more small businesses

Able Lending Inc. has a new loan pool of $100 million available to small businesses that company executives expect to last up to eight months as they
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Some of America's Hottest Housing Markets Are Cooling Off

The red-hot growth in home prices across the U.S. West is starting to slow in some cities as sticker shock and low inventory put off weary buyers.
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Senators Propose Bill to Include Municipal Debt as Liquid Assets

… classify investment grade municipal bonds on par with U.S. agency securities issued by Fannie Mae and Freddie Mac to meet bank liquidity rules.
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Orchard Platform's Week In Review: ABS East Conference And The Fleeting Nature Of The 'Next …

Orchard Platform, a technology and data provider for the online lending space, publishes a weekly review of the online lending sector. The latest
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Lendified Subsidiary Vault Circle Inc. Becomes Canada's First Digital Lending and Investment …

28, 2016 /CNW/ – Canadian financial technology company Lendified Holdings Inc. and its subsidiary and direct lender, Lendified Inc. announced today
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Two Detroit men accused of using forged documents in attempt to bilk title company

LOUISVILLE, Ky. (WDRB) — Police have arrested two men from Detroit after they allegedly tried to steal nearly $100,000 from a Louisville title
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MBA Statement on Freddie Mac's Credit-Risk Transfer Offering

“MBA appreciates Freddie Mac's efforts to bring more private capital into the market through the credit-risk transfer offering they recently announced.
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Leumi sells Menorah mortgage portfolio for NIS 1.6b

Leumi sells Menorah mortgage portfolio for NIS 1.6b

Cooperation between Israeli banks and financial institutions in the field of mortgages continues. This morning, Bank Leumi (TASE: LUMI) announced
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Lend liberally to farm sector, banks told

Bankers should give a push to term lending to agriculture sector by taking advantage of the Central government-sponsored subsidy schemes on offer,
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Trump's claim that a racial discrimination suit was 'brought against many real estate firms'

“As far as the lawsuit, yes, when I was very young, I went into my father's company, had a real estate company in Brooklyn and Queens, and we, along
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Germany denies preparing Deutsche Bank rescue plan

FRANKFURT The German government denied it was working on a rescue of Deutsche Bank (DBKGn.DE) as Germany's biggest lender boosted its
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Wells Fargo sales scandal points to industry-wide problem

Wells Fargo's independent directors are punishing two top executives after the bank's scandal over sales practices. Chairman and CEO John Stumpf
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Major Spanish property professionals sense stabilisation in the property market

He also commented that the improved availability of finance for those looking to take out a mortgage was a positive situation for the property sector, but
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Bank of America senior South Korea, Australia bankers to leave: IFR

IFR reported last week that Guy Foster, Bank of America's head of equity … Bank of America is set to cut about two dozen investment banking jobs in
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Regions Financial Corp (NYSE:RF): Big Market Mover

Regions Financial (NYSE:RF), the holding company of Regions Bank, … commercial accounts receivable factoring, specialty mortgage financing, and
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Mortgage Loan Rates Dipped to 2-Month Lows Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a week-over-week
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First American Mortgage Solutions Makes Full Range of Services Available Through LendingQB

LendingQB users can now seamlessly order First American title and … is a leading provider of title insurance, settlement services and risk solutions for
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US MBA mortgage applications -0.7% vs -7.3% prior

US MBA mortgage applications -0.7% vs -7.3% prior. Wed 28 Sep 2016 11:00:05 GMT. Author: Ryan Littlestone | Category: News. Author: Ryan
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Germany preparing Deutsche Bank bailout plan, reports claim

Deutsche Bank's problems have raised concerns of a potential global financial crisis similar to that of 2008. Photograph: Daniel Roland/AFP/Getty
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European Banks and the Great Mortgage Settlement Game

Big U.S. banks have shelled out almost $56 billion since 2010 in settlements and consumer relief related just to mortgage bond cases, according to
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You know you're a real estate agent when…

You can either laugh or cry. We recommend the former. Because if any of the following thoughts have crossed your mind, you just might be a real
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Silicon Valley's Favorite Payday Lender Just Got Hit With a $3.6 Million Fine

Lending startup and Silicon Valley darling LendUp was hit with just over $3.6 million in fines Tuesday by the Consumer Financial Protection Bureau.
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Past mortgage fines give Deutsche room for hope

Deutsche Bank can take some heart from previous U.S. mortgage fines. Shares in Germany's biggest bank by assets have dropped almost a fifth since
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When climate change leads to real estate fraud

SARASOTA — Local real estate agents got drenched with sobering prospects for beachfront property Tuesday afternoon when futurist David Houle
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Remortgage surge continues as rates fall further

The average standard variable rate (SVR) has fallen by 0.09% this month to stand at 4.71%, which means that the gap between the average mortgage
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Siena Lending Group Provides $7MM Credit Facility to Armada Skis

Siena Lending Group announces the completion of a $7 million credit facility for Armada Skis, Inc. (“Armada”) to refinance their existing senior debt
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Don't look now, but banks are offering mortgages again

There's only one buyer, the government, for the mortgages they originate and want to sell. Why put up with all the uncertainty and risk involved for
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Guidance on the application of the Core Principles for Effective Banking Supervision to the …

Guidance on the application of the Core Principles for Effective Banking Supervision to the …

Range of practice in the regulation and supervision of institutions relevant to financial inclusion (Basel Committee on Banking Supervision), January
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BRIEF-Gateway Real Estate H1 net loss stable at EUR 0.73 mln

NEW YORK, Sept 28 Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit
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What credit unions can learn from BancorpSouth fair lending woes

BancorpSouth Bank, headquartered in Mississippi, took a $10.6 million misstep when its mortgage lending practices allegedly discriminated against
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Airbnb not driving up Vancouver housing prices, company says

The U.S.-based company argued its data showed Airbnb is not having a dramatic effect on Vancouver's housing market, where critics have
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Confidence In The Face Of Alt-Lending's Potential Implosion

Investors have cooled off to alternative lending in the U.S. Just look at the near-immediate struggle faced by Lending Club and OnDeck after their IPOs
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APAC's Leading Property Summit, MIPIM Asia, to Examine Burgeoning Industry Trends of …

The 2016 edition will examine emerging industry trends of real estate disruption and property technology innovation, under the theme “Real Estate
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You are here: HomeTaxing times for German securities lending market

Regulatory and taxation changes are challenging traditional methods of borrowing and lending in Germany. Andrew Neil reports from the Global
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RBS to Pay $1.1 Billion to Close First Major U.S. Mortgage Probe

Royal Bank of Scotland Group Plc agreed to pay $1.1 billion to settle the first of three major U.S. mortgage-backed securities probes the bank must
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The Viewpoint: The Need for Facilitating Electronic Payments in the Peer To Peer Lending Sector

The peer to peer (“P2P”) lending sector, which currently remains largely unregulated, has undergone substantial growth and has eased the process of
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Can Washington control high-tech lending?

Online lending is just one corner of a whole new world of tech-driven financial businesses often lumped together under the shorthand term “fintech.
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Pemberton hopes to fill gap in lending to SMEs post-Brexit

Pemberton Asset Management, the non-bank lender backed by Legal & General, has raised £500m to lend to midsized British companies in a bet that
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RBS Pays $1.1 Billion to Settle Mortgage-Backed Securities Lawsuits in US — Update

LONDON– Royal Bank of Scotland Group PLC has agreed to pay $1.1 billion to a U.S. regulator to resolve two civil lawsuits over the way it sold
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Capital One Names Punzi as VP of Originations for Multifamily Finance Business

In this role, Punzi will be focused on originating Freddie Mac small balance loans (SBL) across the country. He will report to Senior Vice President Elie
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MBA: It's another quiet week for mortgage applications

Mortgage applications reported a very quiet week, echoing other industry reports, the Mortgage Bankers Association's latest Weekly Mortgage
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FAQ3: Fannie And Freddie, Questions And Concerns From Interested Readers, Opportunities …

This is the third in a series of articles that respond to frequently asked questions about investing in Fannie Mae (OTCQB:FNMA) and Freddie Mac
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Sensex, Nifty little changed; banking, auto stocks gain

Indian shares were little changed on Wednesday after three straight sessions of falls, led by a recovery in banking and auto stocks, although sentiment
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Comcast eyes international growth but not ITV

Film production company Working Title officially launched its TV division in 2010 as a joint venture between NBCU International and working title
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German government denies working on Deutsche Bank rescue plan – business live

Germany's DAX index is leading the way, up almost 1%. with Deutsche Bank (+1.8%) leading the charge. In London, the FTSE 100 index is up 52
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Clean Power Plan stands on firm legal ground, would continue trend of clean energy cutting …

The Clean Power Plan reasonably builds on these existing trends in the power sector that have allowed many states to reliably and cost-effectively
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'Term funding scheme contributing to drop in SVRs': Bank of England

… or, we expect, shortly will be reduced on the vast majority of existing mortgages and the rates available on new lifetime tracker mortgages are on
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