Debit card data theft: Finance Ministry, RBI seek report as banks scurry to contain damages

Debit card data theft: Finance Ministry, RBI seek report as banks scurry to contain damages

MUMBAI: The government and the Reserve Bank of India swung into action as the country's biggest banks scrambled to reassure account holders that
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Goodbye Buy To Let, Hello Property Crowdfunding

The new tax rules require landlords to work out their taxable profits by taking expenses excluding mortgage finance relief from rents – then they deduct
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Survey: More Arizonans tied into banking system

More Arizonans are tied into the banking system through checking or savings accounts than in prior years — a favorable trend that reflects financial
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Bankers Encourage Students to 'Get Smart About Credit'

Nearly 5,000 bankers across the country today took part in the ABA Foundation's Get Smart About Credit Day, visiting high school classrooms to teach
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How Would Donald Trump's Wall Impact U.S. Real Estate?

Initially, the wall would be a real estate boon, particularly to towns along the border. After all, the area would see an influx of an estimated 40,000
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A mortgage offer on your smartphone — within 30 minutes

Santander customers will be able to get a mortgage offer via their smartphones in less than 30 minutes, in the latest example of lenders investing in
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Housing forecast: Analysts see cool-down ahead

Housing forecast: Analysts see cool-down ahead

Analysts are predicting that Canada's housing market will take an immediate hit from the latest round of mortgage rule tightening Ottawa unveiled this
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China Home Prices Rise in Fewer Cities Amid Tougher Curbs

China's overheated property market is showing tentative signs of cooling, as authorities stepped up home-buying curbs to avert a housing bubble.
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Can Fintech Fill Asia's SME Lending Gap?

SMEs accounted for 42 percent of Asia's GDP in 2014 yet received only 18.7 percent of bank lending according to the Asian Development Bank.
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Alva bankers graduate from OBA Consumer Lending School

OKLAHOMA CITY — Connor Martin and Manuel Vazquez, both from BancCentral N.A., in Alva, recently completed the Oklahoma Bankers Association
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atrium mortgage investment corporation achieves record q3 earnings 119 increase over prior year

TORONTO, Oct. 20, 2016 — Atrium Mortgage Investment Corporation (TSX:AI) today released its unaudited financial results for the three and nine
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Dutch bank ING returns to the UK with a mobile app

Dutch bank ING is coming back to the UK after a four-year absence through a mobile app that enables people to manage their accounts with different
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Fifth Third 3Q mortgage results positive sign for rest of industry?

Fifth Third Bancorp's third quarter results shows that it managed to capture a share of the extra projected growth in the mortgage industry, with its
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2nd District City Council race: Real estate developer, School Board member and conflict resolution …

There are three candidates for City Council in the city's 2nd District: Charlie Diradour, a 52-year-old real estate developer; Kim Gray, a 45-year-old
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Customers not banking on broken ATM

Despite the bank's suggestion customers should use more internet banking or travel to a central Whangarei branch, the closure was met with dismay
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Latest figures show property market curbs have slowed price growth in 15 key Chinese cities

Home prices in Shanghai rose 3.2 per cent in September while in Beijing they surged 4.9 per cent. The fast monthly expansion was in Hangzhou,
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Auckland real estate firm sues former client to recover commission on property it did not sell

An Auckland real estate firm sued a former client for more than $40,000 in a bid to recover commission money on a property it never actually sold.
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Single people facing struggle to service mortgages

Single people facing struggle to service mortgages

Ask the average single person what potential benefit there might be in hooking up with a significant other, and they probably won't say “buying a
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Women in Banking: Warren vs. White; Men on Work-Life Balance

Next Steps: As Wells Fargo retail-banking chief Mary Mack works to overhaul the company's sales culture, her employees wonder how they'll be
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Mortgages & WRAP QA Consultant – Escalated Complaints Management Job in Sydney

Mortgages, 3-5 years' experience in QA and Escalated Call Management? Join this leading global bank and employer of choice! CBD based, great
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Queenstown has 'hottest' property market

Move over, Sydney and Auckland: There's a hotter property market in the southern hemisphere and it's only 2,400km from Antarctica. In Queenstown
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10% rise in home prices points to seller's market — but for how long?

Palm Beach County's housing market remains skewed in favor of sellers, although the seller's market might be easing ever so slightly. The median
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Millions at risk from India ATM hack

Most of the affected cards belong to HDFC Bank, ICICI Bank, State Bank of India (SBI) and Yes Bank. The malware potentially means unauthorised
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SB Finance reports record quarter for mortgage originations

“Our third-quarter performance was highlighted by our strongest mortgage origination quarter ever, and included double-digit loan and deposit growth
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Texas firm assembles 19 lots in Miami's Wynwood for $16.4M

An affiliate of Dallas-based Westdale Real Estate Investment Management has assembled 19 properties on a block in Miami's booming Wynwood Arts
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David Dayen

David Dayen: The untold stories of the mortgage crisis. In this week's Scheer Intelligence, Robert Scheer sits down with writer David Dayen to discuss
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Buying still cheaper than renting, despite rising mortgage rates

Mortgage rates would have to skyrocket to make renting cheaper than buying in Chicago, according to a new report from Trulia, an online real estate
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Noonan: Central Bank mortgages are too high

Michael Noonan, the finance minister, has criticised Bank of Ireland and Danske bank for charging above average rates on their historic variable
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Bank of America expands partnership with Self-Help to $1 billion

… Durham-based Self-Help Ventures Fund and Freddie Mac to help lower-income people become homeowners, the company announced Thursday.
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R3 and Ripple trial interbank cross-border payments

Recently, Banking Technology looked at R3 and how the project requires a significant amount of time and resources from the banks in the consortium.
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Pottsboro ISD board approves real estate, rodeos, roofing

Trustees agreed to purchase new real estate and new roofing for the high school, and to join the Texas Junior High and High School Rodeo
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The Millions of Americans Without Bank Accounts

The number of American families without a bank account dropped to about 9 million in 2015, the lowest rate on record since the Federal Deposit
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Captured APRA caught pants down on mortgage fraud

We spoke to many mortgage brokers and banks, and getting a high loan-to-value ratio mortgage is simple and requires only two payslips. Banks do
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Mortgage Rates At Highest Since June

Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 3.52 percent for
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Ms. Cherry Legal

It stands to cause that mortgage companies aren't excessively excited about financing to poor credit consumers who need an amortization Houston.
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September mortgage lending hits nine year high

Gross mortgage lending last month hit a nine year high for the month of September, despite a 7% month-on-month drop, new figures from the Council
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Banks repositioning mortgages for long-term success

Banks repositioning mortgages for long-term success

RT @MountainSeed: Are the latest updates to the FHA SF Handbook 4000.1 stumping you? Your go-to guide to understanding these #regulations f…
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Freddie Mac October 2016 Outlook

MCLEAN, VA–(Marketwired – Oct 20, 2016) – Freddie Mac ( OTCQB : FMCC) released today its monthly Outlook for October showing that housing
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Average US 30-year mortgage rises to 3.52 percent

8, 2015, file photo, new homes are under construction and for sale in Charlotte, N.C. Freddie Mac reports on the week's average U.S. mortgage rates,
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Peer-to-peer lending grows by £700m in Q3

Investors lending through peer-to-peer platforms have lent cumulatively almost £6.5 billion, according to data from the P2PFA. The figures show strong
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Mortgage lending reaches highest point since pre-financial crisis

Gross mortgage lending reached its highest point in September since before the financial crisis hit in 2007, according to the council of Mortgage
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Mortgage rates jump to a 4-month high

Rates for home loans rose to breach a key threshold for the first time in months, even as they stayed near long-time lows, mortgage provider Freddie
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Statewide Mortgage to build new corporate headquarters in Louisville, create 30 jobs

Statewide Mortgage, a Louisville-based mortgage lender, will build a $3.4 million corporate office in Jeffersontown and create 30 full-time jobs as it
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APRA warns banks to review mortgages for dodgy details

The banking regulator has ordered the major banks to have their fraud systems externally reviewed amid concerns mortgages are being sold on
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MDM helps real estate developer mobilize business processes

The real estate developer's business processes had become inefficient. Its four divisions were using different property management, accounting and
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The CEO of one of the largest US homebuilders perfectly summed up the housing market

US real estate is so large and complex that it can sometimes be hard to get a good view of the health of the market. Between the boatload of data and
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Central Bank 'not fulfilling role of consumer protection on mortgages' – McGrath

The bill was devised to help tackle high variable interest rates in the Irish mortgage market, where around 300,000 homeowners are paying 1.5pc
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Survey: More Arizonans have bank accounts

More Arizonans are tied into the banking system through checking or savings … “The decline in the share of households who do not have a banking
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MetaSource promotes new senior vice president

MetaSource, a provider of mortgage quality control, risk management and workflow automation solutions, announced it promoted Mary Kladde to
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Politics of Brexit at odds with banks' business needs, banking conference told

The politics of Brexit is doing little to help banks keep calm and carry on, several key figures have said today. Speaking at the British Bankers'
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Financier following technology to busy market sectors

Their database is made up of tens of thousands of loan sale investors, real estate investors, and lenders. “It's kind of just a nice ancillary business for a
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General Counsel Mike McElroy Joins First Guaranty Mortgage Corporation

First Guaranty Mortgage Corporation (FGMC) has named Mike McElroy as the company's general counsel. McElroy comes to FGMC with extensive
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Circuit of Wales lands £100m private banking funds

The Circuit of Wales project has secured a potential £100m from a private banking firm which is claimed to be 'the last piece of funding' required.
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Appraisal volume drops four weeks straight

Appraisal volume continues to struggle to lift off this fall, with volume now declining four weeks straight, according to the latest report from a la mode.
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6 Tips to Help Lower Farm Real Estate Taxes

When I was asked to write an article about rising farm real estate taxes, I first had to wonder if anybody really understands farm-assessed values.
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Hands of bank bosses 'poised quivering over relocate button' amid Brexit fears

Bank bosses have their hands ” poised quivering over the relocate button” and are bracing themselves for the “worst case scenario” as Britain
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NFL's Josh Brown won't return to Seattle real estate agency following domestic violence scandal

NFL's Josh Brown won't return to Seattle real estate agency following domestic violence scandal

A local real estate agency says it will not bring back NFL kicker Josh Brown as a broker, a day after widely reported documents showed Brown
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Bridging lending soars in Q3 following initial Brexit fears

Bridging lending increased sharply during the third quarter of the year peaking at £140.49m, brushing off volatility that had plagued the financial
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'Lions Hunting Zebras': Ex-Wells Fargo Bankers Describe Abuses

College students opening their first bank accounts. Small-business owners with several lines of credit. These were some of the customers whom
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DCT Industrial Trust's Justin Bennett Selected as One of Real Esate Forum's 2016 50 under 40

HOUSTON–(BUSINESS WIRE)–DCT Industrial Trust® (NYSE: DCT), a leading industrial real estate company, announced today that Justin Bennett
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Tumwater duplex owner tangles with Fannie Mae over property mess

The Skinners have hired an attorney and have filed a complaint with Stewart Title Company, but the process has been slow, he said. “If Fannie Mae
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Home Capital Statement on Impact of Mortgage Insurance Rule Changes

“Like all mortgage lenders, we are still assessing the full impact of the changes on borrower behaviour and the competitive landscape,” said Martin
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Bank of America doubles down on 3% down mortgages without insurance

The program, called the “Affordable Loan Solution” mortgage, is a conforming loan that provides low- and moderate-income homebuyers access to a
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News From NAMB: October 20, 2016

According to Inside Mortgage Finance, nonbanks now hold over 50% of … In an interview with National Mortgage News, Joaquin Tremols, the go-to
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Existing-Home Sales Up, Along with Mortgage Rates

Separately, Freddie Mac's Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) averaged 3.52 percent for the week
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Buy-to-let tax change will remove full mortgage interest relief

Mortgage broker London and Country gives an example of a basic rate taxpayer with a property let out for £15,000 per year on an interest-only
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Mortgage rates tick up to 4-month high

Mortgage rates have crept up a four-month high, according to figures released Thursday by Freddie Mac. The average interest rate for a 30-year
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Payments round-up: 20 October 2016

The bank says it has recently completed the migration of its “Prezzy” gift cards and “popular” (they all say that) multi-currency travel cards. Kiwibank
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Commercial Real Estate Tech Conference DisruptCRE Returns to Dallas

DisruptCRE, the national technology and commercial real estate conference series, will be hosting the 2nd Annual DisruptCRE Dallas conference on
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Property: Home sales over £1m crash by 62.5%

… of tax rises starting with a sharp increase in stamp duty on expensive homes at the end of 2014 softened demand at the top of the housing market.
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SEC gives lenders grace period for registration

THE SECURITIES and Exchange Commission (SEC) is giving lenders a grace period to complete their registration amid ongoing efforts to combat
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JLL: Abu Dhabi real estate continues to decline

Abu Dhabi's real estate market continues its dull spell as demand across the office, residential, and retail sectors remained weak in the third quarter of
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Two Benefits of Refinancing Your Mortgage Before The Election

With uncertainty about the presidential election, it may seem like the worst time to consider refinancing a mortgage. Regardless of whether Hillary
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Finance Bill sets mortgage threshold for help-to-buy scheme

The mortgage threshold for first-time buyers looking to apply for a rebate under the new Help-to-Buy scheme has been reduced to 70 per cent of the
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Lending 'Star' power to the Clinton campaign in St. Pete

Star Jones stopped by the South St. Petersburg Voter Registration Kick-off on Mon., Oct. 17 to encourage Clinton supporters as they geared up to go
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Commercial Lending Slowdown Shows Up in Bank Earnings

Banks are beginning to feel the impact of a surprise slowdown in commercial lending, with regional lenders taking the hardest hit but growth slowing
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Nothing Is Spookier Than This Month's Housing Situation

Nothing Is Spookier Than This Month's Housing Situation

“High levels of indebtedness coupled with elevated house prices are often followed by economic contractions…The conditions we now observe in
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Canada Revenue Agency Recovers Millions From Real Estate Crackdowns

The Canada Revenue Agency (CRA) has recovered over $240 million from tax audits focused on real estate in B.C. and Ontario. Over $210 million
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2017 KeyBanc Capital Markets Internship Program Corp. Banking

ABOUT KEY: Key traces its history back more than 160 years and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based
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House price growth slows in cities in the South East, but the rest of the country is hotting up

House price growth is slowing down in some of the country's most affluent cities, including London, thanks to new property taxes, faltering confidence
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US credit union regulator paid law firms $1 billion to sue banks

The Federal Housing Finance Agency, which has acted as conservator for mortgage funders Fannie Mae (PK:FNMA) and Freddie Mac FMCC
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Online Lenders Seek to Shape Industry Before Regulators Do

Nat Hoopes, executive director of the Marketplace Lending Association, a trade group in Washington that represents online lenders. Credit Andrew
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Real Estate Notes: Germantown site eyed for project sells for $13.6M

Atlanta-based TPA Group has acquired a Germantown site for $13.65 million and on which it plans a mixed-use development to include a hotel and
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APRA chairman refuses to use the “B word” to describe Sydney housing market

According to the UBS Index, Sydney prices have risen by about half since 2012. To prevent the housing market from overheating, APRA has in recent
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10 real estate traps

A buyer's agent has released a tongue-in-cheek 'guide to real estate speak' to property buyers, warning them about the true meanings behind agents'
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Report: R3's Banking Blockchain Software is Going Open Source

R3's blockchain software Corda, the product of the New York-based startup's Concord project that aims to develop banking solutions overseen by 70
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Commerzbank in major job cutting spree

According to a letter by German labour union Verdi, the majority of these job cuts – around 3,000 – will be across the bank's branch network at home in
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Real Estate Sales Associate

We are looking for a select group of dynamic real estate professionals who are true game-changers. Whether you are looking to start your career in a
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Enjoy the return and watch for unemployment

Those of us interested in marketplace lending have recently observed many pejorative headlines about P2P lending platforms. These headlines
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Why Are Mortgage Delinquencies Spiking Among Older Americans?

Delinquent Notice BH Mortgage delinquency rates rise for US consumers beyond a certain age, according to a recent report from analytic software firm
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Podcast: Cutting-edge technology tips from a pro

This week, we are happy to welcome Jerry Kidd, the manager of three Berkshire Hathaway offices in Danville, California.Kidd has spent over two
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The Importance of Spotting (and Curing) Title Defects Before they Rear their Ugly Head

For example, in CitiMortgage, Inc. v. Parille, 2016 IL App (2d) 150286, a husband and wife owned property not as joint tenants, but as tenants by the
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Freddie Mac: Expect Less Refi Activity in 2017

That's the synopsis of an economic forecast out from Freddie Mac on Thursday. According to the GSE, $2 trillion in total originations expected this year
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BRIEF-Pennymac Mortgage signs repurchase agreement with JPMorgan Chase

WASHINGTON, Oct 20 The U.S. National Highway Traffic Safety Administration said late Thursday it has confirmed an 11th death in the United States
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Finding Global Real Estate Opportunities

Global Markets. Finding Global Real Estate Opportunities. Lalantika Medema and Jason Mandinach, product managers for mortgage-related
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New lending fund can help preserve affordable housing stock

The Greater Minnesota Housing Fund, a nonprofit affordable housing lender, is establishing what is believed to be the nation's first regional pot of
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Don't listen to mortgage industry on rooftop solar financing

Don't listen to mortgage industry on rooftop solar financing

Despite this success – or maybe because of it – PACE has been targeted by the mortgage industry, which is trying to undo the financing model that
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Five Questions with real estate developer Jason Ting

Jason Ting is majority owner of Ting Realty, a full service real estate company that began in 2005 and specializes in corporate rentals. His firm
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11.9% increase over prior year to

ATRIUM MORTGAGE INVESTMENT CORPORATION. ACHIEVES RECORD Q3 EARNINGS –. 11.9% INCREASE OVER PRIOR YEAR. TORONTO:
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Multi-Family Units Expected To Decline With U.S. Housing Market

This weakness in the multi-family homes units is what is causing the harm to the U.S. housing market. Data on these projects, which have led housing
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6 Reasons To Invest In Multifamily Real Estate

With interest rates at historic lows and a strong rental market encompassing much of the country, people are investing in real estate. Many investors
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Swiss finance minister says EU banking deal at least several years off

Maurer said political hurdles – such as Switzerland's state guarantee for regional banks and regional building insurers – complicated negotiations with
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Home Sales Down But This Might Be Perfect Time for Those Looking to Sell

PITTSFORD, N.Y. — Mortgage lenders, realtors and new home builders met Thursday to crunch the 3rd quarter housing market numbers. Realtors say
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Moody's assigns Aaa to CT Hsg. Fin. Hsg. Mtg. Bond 2016 F-1, F-2, F-3, F-4, F-6, G-1, G-2; Aaa …

Moody's Investors Service has assigned a rating of Aaa to the proposed $239,000,000 Connecticut Housing Finance Authority's Housing Mortgage
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Mortgage banking lifts Umpqua Bank to third-quarter beat

Umpqua Bank's parent company on Wednesday beat Wall Street expectations for earnings, thanks to a $10.4 million increase in mortgage banking.
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Existing Home Sales Rose More than Expected, as Looser Lending Fuels First-Time Buyers

Edward Pinto, the former executive vice president and chief credit officer for Fannie Mae, says looser lending practices not only translates into more
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New Jersey home prices to rise 3% this year, forecaster says

New Jersey home prices are inching upward and will likely rise about 3 percent this year and the same next year, according to an East Brunswick
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Tracker mortgages 'will help improve' broker-customer ties

The managing director of a non-major bank that has recently launched a new rate tracker home loan has said that he believes the product could help
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Here's why housing remains a bright spot in the economy

It's not a statement you expect to hear as we look at the rising home prices and dwindling inventory, but it's exactly what Freddie Mac stated today in its
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Mortgage Industry Divided Over GSE Risk-Sharing Deals

The mortgage industry remains deeply uneasy with efforts by Fannie Mae, … are “fully collateralized lender recourse transactions,” according to the National Association of Home Builders. … But deeper mortgage insurance has not been part of the credit risk experiment so far. … National Mortgage News.
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Madam Ambassador, Bankers Know Why They Turn Americans Away!

The U.S. ambassador to Switzerland has complained that Swiss bank have stopped serving U.S. clients. Surely, a slap in the face for Swiss banking,
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Best Places to Work: Paramount Equity Mortgage takes second place in large category

Tell us three specific ways you ensure all of your employees know they are valued: “Paramount hosts a company holiday party annually. On a more
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Hong Kong's Mortage War May Be About to Heat Up

The price war in Hong Kong's home-loan market is poised to heat up, according to the city's top mortgage lender. Even if the U.S. Federal Reserve
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The worst UK bank for secure online banking revealed: 11 UK banks ranked on security

Asked volunteers with current accounts at 11 high street banks to perform a series of tasks, with security experts then rating the customer-facing
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Dayton home sales growth sees more first-time buyers

First-time home buyers are helping drive sales growth not seen in the past five years in the Dayton-area real estate market, local agents said.
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Moody's assigns Aaa to SDHDA's Homeownership Mortgage Bonds, Series 2016 C, D, and E …

The Homeownership Mortgage Bond Program was established in 1977. The Bond Program is the Authority's active single family financing program.
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Agricultural Lending

Agricultural Lending

With over 100 years of combined experience, we understand local agriculture. Strong values, integrity, and character are the guiding principles that
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Value buys lure buyers back to private housing market

Forest Woods, although lacking a regional centre address, makes up for it with its superb transport connectivity. It is only a five-minute walk from nex
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Trulia: Buying a home still cheaper than renting

Home prices are rising across the nation to levels not seen since before the housing crisis and yet, it's still cheaper to rent, according to a new study by
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Budget office: Letting Fannie, Freddie raise capital would reduce bailout risk

Allowing bailed-out mortgage giants Fannie Mae and Freddie Mac to keep some profits and build capital would reduce the risk of a bailout but cost
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Mortgage: Ensure preapproval stays intact until your closing day

You're preapproved for a mortgage. That deal isn't sealed until you leave the closing table. What you do between now and then can help, hurt or kill
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Asset Based Entity Lending Director (Loan Officer)

The Entity Lending Relationship Director is responsible for the entire client experience of the asset based lending process—including sales and deal
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Tampa Bay leads the state in home sales as prices jump 13.6 percent

“In turn, that is generating interest from many would-be buyers who are ready to enter the housing market. However, the latest data shows that a
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Self-Help teams up with BofA, Freddie Mac

Durham credit union Self-Help is partnering with Charlotte-based Bank of America and mortgage and loan entity Freddie Mac on a program that could
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Cannot access Lending Library book on Android app

I borrowed a book from the Kindle Owner's Lending Library (1 free per month for Prime members) and accessed it from both my Paperwhite and my
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Why Battered Bank Stocks Are Blocking The ECB

Bank stock valuations matter and not just for long-suffering investors. In Europe, very low share prices are restricting credit and all the quantitative
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Commercial Real Estate Industry Continues to Make Progress in Reducing Energy Consumption …

The achievements of Greenprint's members are inspiring a broader movement within the real estate sector to improve building performance.”.
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Ask George & Chuck: Several options exist if quitclaim is stalling sale

Q: My sister deeded property to me by quitclaim deed to resolve a family dispute. I now have a contract to sell it, but the title company says they will not
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Lending Solutions Manager Retail

Lending Solutions Manager Retail jobs in Toronto currently available at Scotiabank. Additional Toronto Administrative jobs also available at
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Atrium Mortgage Investment Corporation Achieves Record Q3 Earnings– 11.9% Increase Over …

TORONTO, Oct. 20, 2016 (GLOBE NEWSWIRE) — Atrium Mortgage Investment Corporation (AI.TO) today released its unaudited financial results for
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Ann Deming Named mBank Vice President Mortgage and Consumer Lending Manager

With her expansive mortgage lending knowledge, and decades of industry experience in the Upper Peninsula market, she is a perfect fit for this central
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China Says No to Real Estate Misconduct

The number of real estate developers busted for irregular activities has increased significantly since August, information from the bureau's website
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Ratings Don't Lie: Is Stonegate Mortgage Corporation (NYSE:SGM) a Buy or a Sell? Learn What …

Out of 6 analysts covering Stonegate Mortgage Corporation (NYSE:SGM), … financing and servicing the United States residential mortgage loans.
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Detroit's Struggling Housing Market Gets a Boost

Detroit's depressed housing market remains one of the city's biggest hurdles to recovery roughly 22 months after it emerged from a historic municipal
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UAE Central Bank says lending to SMES has tightened

UAE banks have become less willing to lend to businesses and individuals, according to the latest quarterly credit sentiment report issued by the
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Exclusive: Italy allocates 500 million euros for bank sector job cuts over…

Italy's sprawling banking system, weighed down by some 200 billion euros in … Banking union FABI estimates that about 16,000 employees are due to
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FirstRand Bank to shut retail, SME lending operations in India

FirstRand Bank to shut retail, SME lending operations in India

Mumbai: FirstRand Bank has decided to shut its retail and SME lending business in India, according to a top management executive. The South
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CBO: Fannie Mae and Freddie Mac should keep $5 billion in profits per year

The Congressional Budget Office set forth an examination of both a legislative and non-legislative reform proposal for Fannie Mae and Freddie Mac.
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People's United Financial Reports Third Quarter Net Income of $73.7 Million, or $0.24 Per Share

Third quarter annualized loan growth was five percent, with particularly strong results in residential mortgage as well as commercial and industrial
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Ocwen Financial: Detailed History, Valuation, And The Road To Profitability

I know firsthand from my bond investing experience and extensive research of data that Ocwen Financial is the top servicer of subprime mortgage
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Fueled by Looser Lending for First-Time Buyers, Existing Home Sales Rise More than Expected

Edward Pinto, the former executive vice president and chief credit officer for Fannie Mae, says looser lending practices means more contracts but also
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Multifamily Lending Soars, Single Family Rental Market Frays

The 2015 total represented a 28 percent rise from the 2014 level, even though 63 percent of the nearly 2,900 multifamily lenders active in this market
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Freddie Mac: Mortgage Interest Rates Are Back On The Rise

Mortgage interest rates increased for a second consecutive week, with the average rate for a 30-year, fixed-rate mortgage (FRM) hitting 3.52%,
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New RHS Program May Add Needed Boost to Construction Lending

… phase, will increase demand for C2P loans,” said Michelle Hamecs, vice president for housing finance at the National Association of Home Builders.
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Reali is an app that just might let you fire your realtor

Inspired by a friend who lost their dream home in a bidding war when their real estate agent went to a party for a few hours, Bay area real estate
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Bank of America Expands Affordable Loan Program

The Charlotte, N.C.-based bank said Thursday it would double its commitment to the Affordable Loan Solution mortgage program to $1 billion from
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ClosingCorp Rebrands Its SmartGFE and SmartLE Products

… other critical items to help our clients forge ahead with confidence,” ClosingCorp Chief Executive Bob Jennings said in a news release Thursday.
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Business Analyst (Banking, Some IT, Gap Analysis, Systems Migrat

Adecco is assisting a local Client recruiting for a Business Analyst (Some IT, Gap Analysis, Banking, IT System Migration) in Pittsburgh, PA. This.
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Mortgage Startup Teams With Zoopla To Offer Better Property Deal Searches

A new online mortgage finding startup has teamed up with UK property site Zoopla to provide a more integrated house hunting experience. Trussle
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Fannie to Offer 'Day 1' Rep & Warranty Relief

The tools rely in part on technology and data developed through the Uniform Mortgage Data Program, a joint initiative by Fannie Mae and Freddie Mac
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Raavit Aurora Mortgage Team Offers Extra Low Rates on Mortgages

Raavit Aurora Mortgage Team is offering extra low rates on mortgages. This is in recognition of the fact that more customers are unable to get the
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Why capitalize freddie mac

Anytime I argue about Nigerian Black people and their ills with anybody – friend, foes and stranger – I become very passionate, dishing out cold.
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Mortgage Rates Tread Above 3.5 Percent

… 3.5 percent for the first time since June to 3.52 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey® (PMMS®).
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Richardson-based mortgage company heading to McKinney

A Richardson-based mortgage company is relocating its headquarters to a new location in McKinney. Service First Mortgage is moving its head office
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Title Company Assistant/Processor

Busy Title Co. needs assistant experienced in all phases, A-Z. Must be familiar with TRID and DoubleTime. Seeking outgoing, bi-lingual, motivated
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Mortgage business a 3Q driver for F.N.B.

s decision a few years ago to build its mortgage banking operations paid off big time in the third quarter of 2016, President and CEO Vincent Delie Jr.
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Ousted Fifth Third Legal Officer Lands at BuckleySandler

Ousted Fifth Third Legal Officer Lands at BuckleySandler

Heather Russell, who was fired earlier this year as Fifth Third Bancorp's chief legal officer, has re-emerged in a new role. BuckleySandler said in a
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Fed buys $10.3 billion of mortgage bonds, sells none

Fed buys $10.3 billion of mortgage bonds, sells none … on the agency debt and agency mortgage-backed securities, or MBS, it holds to reinvest in
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Canadian real estate trust buys 2 Colorado apartment complexes

DENVER BUSINESS JOURNAL – A Canadian real estate investment trust has purchased apartment complexes in Loveland and in Colorado Springs.
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What's in Store for Real Estate Investors if Donald Trump Wins

Donald Trump may be a real estate titan, but a Trump presidency would not … many people will want to sell their properties and buy new properties.
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Eye Catching Stocks: DR Horton Inc. (DHI), Synchrony Financial (SYF), Comerica Incorporated …

It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services.
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Flatiron Partnership Unveils Sixth Annual Flatiron: Where Then Meets Now Report Detailing Real …

Flatiron Partnership Unveils Sixth Annual Flatiron: Where Then Meets Now Report Detailing Real Estate Trends And District's Transformation Over
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Notable Ownership Action: Cit Group Inc (NYSE:CIT) Move Up as Institutional Investors' Sentiment …

… divisions, and Legacy Consumer Mortgages (LCM), which includes single-family residential mortgage (SFR) loans and reverse mortgage loans.
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The Effects of Increasing Fannie Mae's and Freddie Mac's Capital

In this report, CBO analyzes a policy that would allow Fannie Mae and Freddie Mac to increase their capital by reducing their payments to the
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Motilal Oswal Real Estate invests Rs 350 cr in projects of ATS Infra, Shriram properties

MUMBAI: Real estate private equity firm Motilal Oswal Real Estate (MORE) has invested Rs 350 crore in residential projects of ATS Infrastructure,
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Mack-Cali Updates Capital Markets Activity

At this time, the Company is also providing details on recent financing … Closed on a $250 million mortgage loan secured by 101 Hudson Street,
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Title Company Processor

Experienced processor needed for busy real estate title company. The perfect candidate will have experience, be able to work long hours under
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Freddie Mac: Mortgage market soaring in 2016, will fall back in 2017

Freddie Mac continues to believe that mortgage lending is on track for a big year this year, but now expects the market to tap the brakes in 2017.
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Stonegate Mortgage Corp. (SGM) Given Average Recommendation of "Hold" by Brokerages

Zacks Investment Research upgraded shares of Stonegate Mortgage Corp. … financing and servicing the United States residential mortgage loans.
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Notes: SoBro project lands multiple permits

The developer of the Olmsted SoBro building under construction within the downtown district from which the apartment building takes its name has
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7 important details of Chicagoland's 2016 housing market

Both Illinois Realtors and the Mainstreet Association of Realtors (MORe) released new reports on the state of housing in Chicagoland, and below, we
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Freddie Mac Prices $418 Million Seniors Housing Multifamily K Certificates

MCLEAN, VA — (Marketwired) — 10/20/16 — Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through
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BOE Official: Bank Legal Costs Since 2008 Reach $275 Billion

A top Bank of England official said Thursday the tally for global banks' legal woes in the wake of the 2008 meltdown, including fines, has reached
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Growing mortgage lender to relocate headquarters to McKinney's Craig Ranch

A growing mortgage lending company plans to move its North Texas headquarters to McKinney's Craig Ranch after finalizing its real estate deal for
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Misys IPO gets a rough ride

As Banking Technology reported earlier this month, Misys planned to proceed with the IPO on the London Stock Exchange in early November 2016.
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First American Financial Corp (FAF) Releases Earnings Results, Beats Expectations By $0.06 EPS

The Company operates in two segments: Title Insurance and Services segment and Specialty Insurance segment. The Title Insurance and Services
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