Where were the bank haters when NAB went pro-consumer?

Where were the bank haters when NAB went pro-consumer?

I put the word 'idea' in single inverted commas because, as far as I know, I was the first to put the option of a banking tribunal up the flagpole on Sky
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If you don't own a home by 45, you probably never will, says report

If you don't own a home by 45, you probably never will, says report …. But the housing market now, said Sharam, was “kind of like a casino”: “You have
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Iron ore, steel fall in China after holiday amid property curbs

A number of Chinese cities including Beijing, Guangzhou, Shenzhen, Suzhou, Chengdu and Wuhan – in a bid to combat rising property prices
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Lenders need to focus on HMDA changes

Changes to the Home Mortgage Disclosure Act will become effective in just a few months, and many lenders still aren't ready. For instance, with an
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Top investment bankers cite multiple risks to activity

After a slow first nine months for European dealmaking in 2016, top investment bankers are hoping that increased activity levels since September will
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NAB customers unable to use EFTPOS after banking glitch

The bank alerted customers it was experiencing difficulties via social media about 11.30am. … All banking systems have crashed for @nab customers.
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Lending drops 10% in tight credit sector

TIGHTER lending criteria, worsening economic conditions and stricter affordability assessments had driven a R5bn decline in lending via credit
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Are Condos About to Become More Affordable?

The Federal Housing Administration, once the primary source of mortgage financing for moderate-income and first-time condo buyers, is planning to
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Monday Morning Cup of Coffee: Hurricane Matthew causes billions in insured property losses

Under Fannie Mae's guidelines for single-family mortgages, servicers have the ability to grant an initial period of six months of forbearance, a time the
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Chinese Stocks Gain on New Restrictions on Housing Purchases

Chinese financial markets were closed last week for the National Day … at containing the rapid growth of housing prices, rather than lowering prices,”
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NAB banking systems crash

NAB banking services are starting to come back online, after a system crash this morning. … All banking systems have crashed for @nab customers.
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20 Markham Drive Ocean Grove Vic 3226

Magnificent open plan for family life. 4 bedrooms House for Sale. $550000 – $580000. 20 Markham Drive Ocean Grove Vic 3226. Listed by R T Edgar
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AgeWise: Finding information on reverse mortgages

Q: I've been hearing more about reverse mortgages. What is a reverse mortgage and is there a place to get objective information about obtaining one?
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new home builders – north county

ATTENTION LICENSED REAL ESTATE SALES PROFESSIONALS IN NORTH COUNTY AREA!!!!! Are you looking for a new opportunity in the New
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Money lender from Moga shot dead in Philippines

Dhaliwal, who belongs to Moga, was living abroad for about 26 years and was engaged in a money-lending business in Philippines. His relatives in
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Banks may face restrictions on fixed-rate mortgages, MEP warns

Irish MEP Brian Hayes has warned that banks may be restricted in how they offer fixed-rate mortgages in the future due to concerns among
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Commercial property risks rising but manageable for banks: Moody's

The report said Australia's banks had increased their lending to the commercial property sector by around 5 per cent every year since December 2013.
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Trump ally paid sexual assault victim critical of Clinton

Earlier this year, Stone sought to raise money to pay off the mortgage of Kathleen Willey, who accused Bill Clinton of making unwanted sexual
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Central bank's loans to local lenders top 20 tln won

Central bank's loans to local lenders top 20 tln won

SEOUL, Oct. 10 (Yonhap) — Loans extended by South Korea's central bank to local lenders hit a record monthly high last month, the central bank said
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Montgomery County real estate briefs: Week of Oct. 9

An aerial view of the 16,130-square-foot estate where scenes from “Creed” were filmed is seen. Submitted photo — Max Spann Auction Co.
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Why Asia's bankers should forget mass redundancies – but fear micro lay-offs

The recent raft of global banking job cuts may have some Asian finance workers bracing themselves for a flurry of pink slips this holiday season, but
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Housing prices steady as volumes recover

Housing prices are steady with clearance rates staying high in the mainland capitals amid a rebound in volumes ater a football finals-packed long
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Push for banking commission of inquiry

Push for banking commission of inquiry

Bob Katter's attempt to skirt the need for federal government approval for a banking royal commission is before the parliament. The independent MP
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Moody's: Australian major banks face rising , manageable commercial real estate risks

Moody's Investors Service says that higher vacancy rates from an increase in supply of, and weak demand for, office properties and, growing
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Banking commissions needs to stop: ISA

Banks need to cease paying all commissions and incentives by 2020 as a way to restore confidence to the banking system, Industry Super Australia
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Housing prices steady as volumes rebound

Housing prices remain steady on average with clearance rates staying high in the mainland capitals as volumes rebound after a long weekend.
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Number of new homes being built jumps by 30pc in last year

… to the construction sector that there is a need to deliver starter homes, as mortgage lending will increase in the wake of the Government measures.
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Weighing your options for cross-selling

Which factor ranks in your bank's sales program, a transaction orientation Which factor ranks in your bank's sales program, a transaction
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FBAA presses Treasury on banking transparency and LMI

A leading industry body has met with the Treasury to discuss banking transparency and lenders mortgage insurance, highlighting that delaying LMI
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Depressing figures about Australia's 'Generation Rent' in Swinburne University study

The statistic will be a worrying realisation for the young Australians claiming they have been priced out of the property market – meaning they have no
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Markets Live: Traders eye Trump card

Markets Live: Traders eye Trump card

With Australian property values now “historically very high” compared to incomes, Professor Piketty said it was time to reform the tax system to cut
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Treasurer Scott Morrison says housing risk overdone, RBA unlikely to cut

Treasurer Scott Morrison said debate on Australia's housing market is prone to exaggeration – even as Sydney property prices rise anew – and
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Banks may not have to raise fresh equity capital

PETALING JAYA: Most banks are unlikely to undertake fresh equity capital raising come 2018 when the new International Financial Reporting
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UK P2P Finance Association Releases Major Research on Economics of Peer to Peer Lending

The UK Peer to Peer Finance Association (P2PFA) has released a commissioned study on the economics of the peer to peer lending market in the UK.
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Germany well-placed for post-Brexit migration of London business

The information, which aggregates the existing subsidiaries and branches operated by banks and insurers across the eurozone's top eight financial
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Govt. pursuing real estate agenda: YSRC

The YSR Congress has criticised the State government for forcibly … of the Land Acquisition Act, 2013, with a view to pursuing the real estate agenda.
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RBI Credit Policy: What rate cut means for you

If the new RBI Governor acts as promised, lending rates may fall faster in coming months. So should you wait for further reduction in rates by your
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Fintech SME lender GetCapital heads to New Zealand

The partnership with New Zealand lender Avanti Finance will see the licensing of GetCapital's technology and underwriting via a Lending as a Service
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Buyers say real estate company cheated them of Rs 3.5 crore, launch protest

BENGALURU: Around 60 people have been on protest inside the office of a real estate company near Silk Board Junction since Saturday evening,
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Double whammy

This, despite having paid off all mortgages on her first home, which required only a 30 percent down payment earlier. “I know the new policy is mainly
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Punished payday loan executives gave big to the congressmen with oversight of them

Carnes has given $23,000 to Online Lenders Alliance PAC, a political action committee that has sent more than $800,000 to congressional candidates
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Lending An Ear To The Unspoken

Lending An Ear To The Unspoken

Lending An Ear To The Unspoken. By Sadiq Saleem. Asma Nabeel, the brains behind Khuda Mera Bhi Hai. Instep speaks to Asma Nabeel, the brains
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82 Argyle Street Moonee Ponds Vic 3039

Argyle Cottage – Timeless touches with a modern edge. 3 bedrooms House for Sale. Contact Agent. 82 Argyle Street Moonee Ponds Vic 3039.
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We lend to sectors that keep the country functioning

Over the years there has been wide spread public opinion that banks make so much money at the expense of real sector growth. But the Executive
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MY BIZ: Centre launches Real Estate Act to protect consumers from dodgy builders

Central government is set to notify rules of the Real Estate Act within this fortnight, to move ahead with operationalising the legislation to regulate the
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Sunday's Rates for Home Mortgages at Quicken, TD Oct 9, 2016

Standard 30 year fixed rate loans at Quicken Loans have been offered at 3.50% and APR of 3.725%. 30 year VA fixed rate loan interest rates are
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Deutsche Bank nears $5.4 billion settlement over mortgage bonds

Deutsche Bank nears $5.4 billion settlement over mortgage bonds. deutsche-bank-nears-54-billion-settlement-over-mortgage-. Posted By: admin
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Murky real estate deals behind most murders

The alleged involvement of most of these people in shady real estate deals, rivalry over quarrying and their rapid political growth are cited as the key
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NOLA real estate market leveling off after decade of rising prices

Real Estate Appraiser Wade Ragas says sales tyipcally slow during a presidential election year, but this year's slowdown in the oil and gas industry
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Government home plan comes at cost of private development

The Government's plan to build more houses will come at the cost of private housing development, says ACT Leader David Seymour. “Bill English has
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CEO interview: How we'll address Nigeria's housing deficit –Esin, Federal Mortgage Bank boss

The flagship of these products is the National Housing Fund mortgages or loans, which is available to Nigerians at 6 per cent per annum, with a tenor
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Cabela's job uncertainty dampens hometown housing market

(AP) — Uncertainty about Cabela's future has already slowed the housing market in the outdoor retailer's hometown of Sidney, and that is likely to
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More than $59 million in defaulted SBA loans in Charleston region

His group's “Truth In Lending,” report, released last month, shows 2,152 loans in South Carolina have been charged off, totaling $141.2 million.
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Over-55s hold more wealth than Italy's GDP

England's over-55 homeowners are sitting on more property wealth than the annual GDP of Italy, research from Age Partnership shows. Over-55s hold
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L&G: Now is the time to help clients remortgage

Jeremy Duncombe, director of Legal & General mortgage club, has called on brokers to do more to help their clients remortgage. Reassessing their
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Deutsche Bank talks with Justice Department said to continue

[LONDON] Deutsche Bank AG's negotiations with the US Justice Department to resolve a years-long investigation into the lender's handling of
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Follow the Money: Chinese Banks on Course for Global Expansion

Follow the Money: Chinese Banks on Course for Global Expansion

A Bank of China branch in the City of London May 13, 2016. Bank of China is one of a number of Chinese banks looking to expand their presence
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prime reading vs kindle lending library

Prime reading has only 1000 titles, wheras kindle lending library had more. Does kindle lending library still exist? If yes, how do I access it?
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Italy Wags Finger at Germany Over Deutsche's Woes

Scolded by Berlin for years for his apparent failure to sort out Italy's endemic bank problems, Premier Matteo Renzi showed evident pleasure in
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Where is the $7bn CBN placed with 14 banks?

“The report of 14 Nigerian banks which were appointed by CBN as “Asset Managers” of Nigeria's reserves was carried on back page of The Guardian
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VOICE OF THE PEOPLE – Oct. 10, 2016

HOMES OUT OF REACH. If our kids thought it was hard to qualify for a mortgage to buy that first home, Justin Trudeau has now put it completely out of
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CDCSL set to deploy private equity funds for real estate

He said the fund, currently under structuring, would serve the dual purpose of accelerating the growth of the Nigerian real estate sector and bridging
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Accra, Oct. 9, GNA – Energy Bank Ghana says it would continue to work with legal and accountancy firms to deliver solutions in the area of wealth
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Real estate experts advocate housing subsidy, liberal access to land

Real Estate stakeholders have advised the present administration to assemble a competent team that will hit the ground running towards addressing
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choosing a banking partner

The ideal scenario is to select a bank with a strong working knowledge of your industry, with many clients from this industry and which identifies your
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Refinancing drives the mortgage market

Refinancing drives the mortgage market. This content requires an active Banking Day subscription. Login below or request a free trial.
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SNP MP at centre of embezzlement probe comes under fire from advertising watchdog

CHRIS Law was forced to remove glowing reviews about firm The Mortgage Doctors after failing to prove their authenticity to the Advertising Standards
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China starts battle against property bubbles after Xi and Li blow the horn

A government document circulating on Chinese chat rooms reveals that Xi and Premier Li Keqiang recently took tough stances on the property market
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Mortgage professional creates strategy to help FHBs into market

A broker has partnered with financial planners to devise a “fun and innovative” decision-making model for first home buyers, aimed at helping them
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Deutsche Bank Continues Talks With U.S. DoJ On Mortgage-backed Securities

(RTTNews.com) – Deutsche Bank AG's ( DB ) negotiations with the U.S. Justice Department to resolve a years-long investigation into the lender's
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Mum and Dad become Australia's fastest-growing mortgage lenders

Jeremy Iannuzzelli is only 25 and already owns 8 investment properties across Australia. He gives us his top 5 tips on how to break into the market.
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Banking: the weak, the vulnerable and the winners

Banking: the weak, the vulnerable and the winners

If the December and March quarter results of banks showed state-run … Collectively, public sector banks continued to be the worst performers with bad
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Skip a generation when passing on homes, says housing minister

In her speech to the party conference on Wednesday, the prime minister, Theresa May, described the UK's housing market as “dysfunctional” and said
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Property cooling measures to remain for now

That marked the 12th consecutive quarter of decline, and left overall private home prices 10.8 per cent lower from the third quarter of 2013.
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How Govt plans to make homes cheaper

Finance Minister Bill English is signalling a ramp-up of Government intervention in Auckland's private sector housing market . Photo / Michael Craig.
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Banking While Black: Seattle Bank Questions Black Architect's Check

Banking While Black: Seattle Bank Questions Black Architect's Check

Minutes after after a routine process, Doolan received a phone call from the bank asking her to return. She was then taken aside by a manager who
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Inheritance should skip a generation, says minister

Theresa May has put help for first- time buyers at the heart of her vision for Britain and warned that the housing market is “dysfunctional”.
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Uncertainty on Cabela's jobs hurts hometown housing market

OMAHA, Neb. (AP) — Uncertainty about Cabela's future has already slowed the housing market in the outdoor retailer's hometown of Sidney, and that
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Mortgage fraud rampant among broker clients

A survey of more than 1,200 mortgage holders who have taken a loan out in the past two years has found that 28% said their applications were not
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New mayors 'must confront housing issues'

Auckland Property Investors Association president Andrew Bruce said it was time for the new Auckland council to step up as average prices hovered
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Report warns of “dangerous” black market housing schemes

Australians locked out of the mortgage market are being preyed upon by black market housing operators, according to a new report by the Consumer
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China's Ponzi Real Estate Market

China's Ponzi Real Estate Market

China's real estate market is akin to a Ponzi scheme with the government acting as the dealer, referee, and big player. The market is entirely propped
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Current mortgage trends a boon for brokers

This puts the total volume of mortgages lodges in the last quarter at $15.19b – a result which is largely driven by existing home owners seeking to save
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The upper crust in Goa's real estate

Demand for luxury real estate from outside money bags is not missing a beat. It is a segment of the real estate industry that seems to have evaded
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Response From Experts Concerning Federal Housing Measures

The minister of finance, Bill Morneau talked about the measures which include strict lending conditions for mortgages and restraining relief on funds
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Finance Brief: Week in Review & What's Ahead

Finance Brief: Week in Review & What's Ahead

Meanwhile, the battle over the CFPB's proposed rules on payday lending raged on as the comment period for the regulations closed. Industry
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Credit bubble 'the last thing we want': Westpac

“We've got a potential housing bubble and there doesn't seem to be a great level of concern about whether banks are lending too much or in fact
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A tiny house or a ski chateau? Big Bear getaways for sale include a $2 million estate where you …

The Big Bear housing market is on a roll, according to an analysis by data firm CoreLogic. So far, for the period from January to August, resort towns in
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J&K Bank reduces MCLR

While revisiting its lending benchmark rate, J&K Bank has lowered its marginal cost of funds based lending rate (MCLR) across all maturities.
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Distrust in government, banking industry needs urgent attention for sake of economy

And, as the events of the past week have shown, much of that springs from a deep distrust of those controlling the economy; bankers, financiers and
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'Financial system strong but small banks pose risks'

“Although the banking and financial system is fairly robust as a whole, we highlight that risks are unevenly spread out across the industry, and there
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Meet the Parents, Australia's Fastest-Growing Housing Lender

Beset by lending curbs and bubble-esque prices, first-time home buyers in Australia are turning to a rapidly growing source of finance: The Bank of
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