America's Biggest Banks Unveil Their Venmo Killer

America's Biggest Banks Unveil Their Venmo Killer

On Sunday night, financial risk management company Early Warning announced that it has partnered with 19 U.S. banks—including Wells Fargo,
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Hard Bargain: How to beat the rental property market

As housing prices become increasingly unaffordable, it's no longer uncommon for people to find themselves looking at grim, inner-city apartments with
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Real Estate Auctions Provide Options in Low Inventory Market

Rather than waiting to pounce on the next best thing to come on the multiple listing service (MLS), real estate auctions can provide a back-door
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Rivenhall Real Estate Limited Adopts Yardi Genesis2

LONDON–(BUSINESS WIRE)–Boutique property and asset management specialist Rivenhall Real Estate Limited recently adopted Yardi Genesis™
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Banks clamp down

Lending is becoming more difficult to get for many people as banks exercise more caution. Auckland Property Investors Association president Andrew
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Real Estate Jargon Watch: Mini Master

minimaster It's the secret no one wants to talk about: Many couples prefer to sleep apart. Local real estate agents report growing demand for a second
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The Rise of VA-Backed Originations

The Rise of VA-Backed Originations

Ginnie Mae's share of agency mortgage-backed securities has risen from 25 percent in 2013 up to 32 percent as of September 2016, surpassing
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Lack of competition in mortgage market

The government delayed spending €1 million of AIB's money to highlight potential savings made through switching mortgages over the past two years
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How Banking APIs Unlock Client Data

Banking APIs let fintech companies thrive and compete with established financial behemoths. It's just a matter of accessing valuable client data stored
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BC's new watchdog hits 'reset' on province's real estate council

BC's new watchdog hits 'reset' on province's real estate council

B.C.'s new real estate watchdog says the public should be confident that realtors are operating fairly, and he says much heavier fines, which have
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Former mortgage broker convicted of fraud

A federal jury on Monday convicted a Pleasant Hills man and West Mifflin woman of fraud charges for their roles in a mortgage scheme involving what
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WA housing affordability improved but not for most needy

“If you look at the housing market at the moment, we have got an abundance of rental stock that has not been taken up and the rentals are not
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New York Fed: Banks Holding Up Through Energy Slump

U.S. banks have to date “successfully weathered the storm of low energy prices,” according to researchers at the Federal Reserve Bank of New York.
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A Close Look at Home Depot Inc's Dividend

The home improvement titan sent $3 billion of cash to investors last year … Home Depot's dividend growth has far outpaced the market over the last
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Banking features not fully utilised in Tirupur district

Attaining the full objectives of financial inclusion looks still to be far way in the district as utilisation of banking features left a lot to be desired among
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Opportunity knocks in US mortgage credit

Traditionally Fannie and Freddie held these assets on their own balance sheets, … Fannie Mae and Freddie Mac are seeking multiline re/insurers as
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Earnings To Observe: Analysts Forecast Higher Fidelity National Financial Inc (FNFV) EPS

The company has a market cap of $834.90 million. The Firm is a well-known provider of title insurance, technology and transaction services to the real
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Mortgage cash deals require care and research

Mortgage cash deals require care and research

Most of Ireland's banks are now offering substantial cash lump sums to new customers when they draw down a mortgage. EBS and Permanent TSB
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Westpac Banking and Customer Service Traineeships

Banking – Retail/Branch, We are seeking motivated individuals interested in undertaking a Banking and Customer Service traineeship in NSW.
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Online Lenders Working to Find Advocacy Footing in Washington

The online lending industry has started to build up its association presence in the past year, out of a desire to set the agenda around regulations in a
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CoreLogic bet on property valuations pays off big time

That year-over-year increase of 36% is driven primarily by its valuation solutions business, which started booming back in the second quarter.
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Presidential race already having impact on Phoenix-area housing – azfamily.com 3TV | Phoenix …

Realtors around the Valley are seeing a drop in home sales before the … Susan Cuchiara just put her Scottsdale home up for sale, but soon realized
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Why the banking regulator is concerned about dodgy lending

The Australian Prudential Regulation Authority (APRA) is laying down the law to Australia's banks like never before – including setting out specific
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Short Interest To Observe: Will Cit Group New (NYSE:CIT) Run Out of Steam Soon? Short Interest …

… Maritime Finance and International Finance divisions, and Legacy Consumer Mortgages (LCM), which includes single-family residential mortgage
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Housing market downturns: Lessons from history

The housing market growth cycle has broadly been running for almost four-and-a-half years, with dwelling values across CoreLogic's combined
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Jury convicts owners of defunct South Hill mortgage firm

Jury convicts owners of defunct South Hill mortgage firm

A federal jury today convicted James Nassida and his sister, Janna Nassida, on charges related to orchestrating a massive mortgage fraud scheme at
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Bizfi Hires Former Lending Club Exec as New CEO

Donovan previously worked at Lending Club, including a stint as chief operating officer. Since leaving the San Francisco-based marketplace lender in
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Former State Representative Sentenced To Probation In Mortgage Fraud Scheme

Victor Cuevas, a city employee in Waterbury and an ex-state representative, escaped prison but was fined $1,000 Monday when he was sentenced in
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Republicans banking on carefully built House firewall

A map of an average congressional district would be – if one could channel the Founders' intention – a fairly straightforward geometrical thing.
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Spain to repay one billion euros of banking bailout funds

Spain's acting Economy Minister Luis de Guindos arrives for a parliamentary commission at Parliament in Madrid, Spain, September 13, 2016.
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GSE top guns weigh in on risk sharing

However, some industry groups and private mortgage insurers want to see more front-end risk sharing, where the loan would be partially 'de-risked'
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Bayh lunched with bank lobbyists on day of '08 bailout vote

Former Indiana senator and longtime Banking Committee member Evan Bayh held a series of private meetings with financial services industry
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DC government sues real estate company for operating blighted, low-income apartment complex

For the second time this year, the D.C. government has sued a Bethesda, Md., real estate company for allegedly operating a vermin-infested
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Client Consultant

Client Consultant

Customer Service – Call Centre, Searching for the opportunity to join a Global Investment Bank? Here it is! Amazing professional development and
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Saudi housing, SME lending to drive Al Rajhi Bank's growth to 2020

Al Rajhi has announced it had agreed with the Ministry of Housing to become the first Saudi bank to participate in the new scheme to increase home
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Housing is Scott Morrison's favourite sort of problem – someone else's with a fix years away

“To the extent that currently low housing affordability reflects cyclical price pressures, this will eventually be reversed. (Evidence of market cooling is
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Online real estate company releases new mobile app in Phoenix

PHOENIX — House hunters in Phoenix have a new tool at their disposal to help find their dream home. The online real estate company Opendoor has
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Watt: FHFA Adjusting to “New Normal” of the Market

“At FHFA we have been working diligently to make the housing finance market more liquid, efficient, understandable and transparent to try to meet the
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Borrowers enjoy lucrative discounts amid the Big Four's price war

According to a new report from JPMorgan bank analyst Scott Manning, the big banks must rely less on the deep discounting of mortgages and instead
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Zions Bancorporation Reports Third Quarter 2016 Financial Results

SALT LAKE CITY, October 24, 2016 – Zions Bancorporation (“Zions” or “the Company”) today reported net earnings applicable to common
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China releases extra housing data to confirm slowdown

So analysts took note when the National Bureau of Statistics added two weeks of data to its September update on the property market last Friday.
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Emerging Markets Bank Lending Conditions Survey – 2016Q3

*EM bank lending conditions deteriorated again in 2016Q3. *Demand for loans decreased significantly, consistent with a perception of increased risk
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Lending Officer

OE Federal Credit Union stands out from the others with its unique philosophy and structure. Since 1964, OE Federal Credit union has proven itself
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Kristopher S. Villarreal

KVillarreal@cahill.com. Cahill Gordon & Reindel LLP 80 Pine Street New York, NY 10005-1702vCard. Practice. Capital Markets & Lending. Education.
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Mortgage default rates expected to rise

Overall mortgage default rates are predicted to rise over the next 12 to 18 months, according to the latest analysis by Digital Finance Analytics (DFA).
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Unbelievable Photos Show up on Texas Home's Real Estate Listing

At first glance, the home at 108 Freese Drive in North Texas appears to be nothing more than a normal house. In fact, as neighbors drive by the home,
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Former Connecticut lawmaker gets probation for mortgage fraud

Cuevas told the mortgage bank that he had been gifted $7,000 to be used to help by the property but in reality had agreed to pay the money back.
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Data Operations Analyst (Mortgages)

Data Operations Analyst (Mortgages) – 12 Month FTC Do you have a strong analytical and numerical background? Have you experience of dealing
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Bankruptcy Court Assesses Sanctions on Mortgage Servicer for Failure to File Notices Relating to …

In September of 2016, the United States Bankruptcy Court for the District of Vermont assessed sanctions against a residential mortgage servicer as a
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Four reasons why banks won't leave the City of London after Brexit

As the revolving doors on 25 Bank Street swung open, there was an eery silence – apart from the noise from one of the packs of wild dogs who now
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Short Interest Buzzer: Cherry Hill Mortgage Investment (NYSE:CHMI) Just Reported Increased Shorts

Short Interest Buzzer: Cherry Hill Mortgage Investment (NYSE:CHMI) Just Reported Increased Shorts

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The company has a market cap of $124.67 million. The Firm
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Equifax Providing Verification Services for Fannie Mae's DU

Equifax Workforce Solutions has been selected as a designated vendor for Fannie Mae's Desktop Underwriter validation service. The DU Validation
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Bill Miller Buys Valeant, Sees It Doubling, Likes Financials

The fund manager said some of the smaller financials are more attractive, such as mortgage insurers. He added that he's a “big fan” of passive
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How Tech Can Make Banking More Inclusive

So much of the focus in bank technology is on making life easier for everyday customers, but a handful of banks and fintechs are trying to simplify
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U.S. mortgage rates rise again

U.S. mortgage rates jumped again this week yet remain at historically low levels, according to Freddie Mac. The 30-year fixed mortgage averaged 3.52
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Fannie Mae offers relief to mortgage lenders from threat of some penalties

Lenders will get a reprieve from the threat of some mortgage-related penalties under a new program, mortgage giant Fannie Mae said Monday.
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This is where mortgage technology is headed

On Monday, at the Mortgage Bankers Association annual conference in Boston, several panelists spoke on the topic at a session titled Overcoming the
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US may delay fines on major banks for mortgage mis-selling: Sky News

(Reuters) – Representatives of the U.S. Department of Justice have signaled recently that penalty imposition on Barclays Plc , Credit Suisse Group AG
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Freddie Mac announces new tools designed to cut mortgage origination costs

The announcement comes exactly one year after Freddie Mac first introduced the Loan Advisor Suite at last year's Mortgage Bankers Association's
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Union City real estate agent charged with stealing $60K deposit

JERSEY CITY — A Union City real estate agent has been accused of stealing $60,000 that a woman put down as a deposit to purchase a home.
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US may delay fines on major banks for mortgage mis-selling- Sky News

Credit Suisse and Barclays are in mortgage-settlement talks with the DoJ, Bloomberg reported in September. (Reporting by Sangameswaran S in
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CSIS Warns of Chinese Influence On Canadian Real Estate…20 Years Ago

Remember when the RCMP and CSIS accused the Chinese government of purchasing real estate in Canadian urban centers as a method of
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Media Advisory: CMHC to release its Housing Market Outlook and Assessment

OTTAWA, ONTARIO–(Marketwired – Oct 24, 2016) – CMHC will release its Fall Housing Market Outlook and fourth quarter Housing Market
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Landlords and brokers face headache as tax changes bite

Following on from this, next April, landlords are set to see the tax relief on mortgage interest scaled back. Also coming in 2017, the Prudential
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HSBC Private Bank live with new core banking system, Avaloq Banking Suite

Global giant HSBC has deployed Avaloq's flagship core banking solution, Avaloq Banking Suite, for its private banking operations. The system is now
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How to Shrink a Housing Market So It Can Grow Again

Usually, city planners operate under assumptions of growth — that the city or area they are planning for will add residents, housing, businesses, jobs
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How consumer price inflation could hit house prices

House prices have continued to rise over the past year in part because of cheap mortgages and – more recently – the uncertainty generated by the
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Two real estate sector linked stocks to bet on long term: Gaurang Shah, Geojit BNP Paribas

In a chart with ET Now, Gaurang Shah, VP, Geojit BNP Paribas, says Dewan Housing Finance and Prestige Estates are the two stocks to bet on for the
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Shawbrook Commercial takes on three graduates

Emma Cox, sales director for Shawbrook's commercial mortgages, said: “We invested heavily into our recruitment drive for this first intake, with a
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Ellie Mae Enhancements to Encompass All-in-One Mortgage Management Solution Further …

Ellie Mae Enhancements to Encompass All-in-One Mortgage Management Solution Further …

BUSINESS WIRE)–Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage
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Payday lenders need incentives to 'do the right thing,' Baylor grad says

DALLAS—Texas needs comprehensive payday lending reform that creates market incentives for lenders to “do the right thing,” a recent Baylor
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In the Eyes of Hong Kong's Housing Market, We Are All Just Sardines

Hong Kong is notorious for its crowded living conditions and the high cost of residential housing. Generations of housing policies have promised
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Scott Morrison open to payments for more housing

Speaking at the Urban Development Institute of Australia, the Treasurer said the housing market was not overvalued and defended calls from Labor to
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What's Next for Wells Fargo, Deutsche and Other Banks? TheStreet's Panel Weighs In

Stagnant interest rates, legal issues and scandals have put the banking sector on edge in recent months — topics that will be discussed during
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Altisource Portfolio Solutions rebrands as Trelix

(Correction: This article previously stated that Altisource Portfolio Solutions is rebranding as Trelix. That is incorrect. Altisource Origination Services is
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China Oceanwide buying Genworth Financial for $2.7 billion

Private mortgage insurance is booming right now, and one of China's largest companies wants in. China Oceanwide Holdings Group announced
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Payroll Administrator – Human Resources – Banking

Join a winning team! Signature Bank® has been ranked among the Top 10 on Forbes' list of Best Banks in America for six consecutive years!
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Ocwen Financial Corp (NYSE:OCN) has been downgraded to Hold in a statement by Zacks …

Boasting a price of $4.09, Ocwen Financial Corp (NYSE:OCN) traded … The Company, through its subsidiaries, operates as a mortgage company.
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Canada's Record Household Debt Is Threatening Its Financial Stability

Canada's debt, swelled by a decade-long housing boom to almost triple the size of its economy, is drawing increasing concern from an international
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Chicopee assessors release new real estate values for each home and business

CHICOPEE – The Board of Assessors has set the new real estate values for the upcoming fiscal year and is now calling for public comment on the
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Baird adds Xu as MD and China investment banking head

Baird has hired Lydia Xu as managing director and head of China investment banking in Shanghai. Previously, Xu worked at BDA Partners where she
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Are These the 10 Most Overlooked Real Estate Markets in the US?

Every month, we tell you exactly where the country's hottest real estate markets are. The regions where insane bidding wars have become the new
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Buy The 10% Yield From Capstead Mortgage Corporation

The latest mortgage REIT to get thrown on the trash heap is Capstead Mortgage Corporation (NYSE:CMO). Why did investors kick them to the curb?
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Compliance Advisory

Investigo Compliance are working with a leading International bank in London to recruit for a Compliance Advisory specialist to cover their Corporate
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Earnings Action: Anticipated Earnings Per Share Decrease for Blackstone Mortgage Trust Inc (BXMT)

Wall Street await Blackstone Mortgage Trust Inc (NYSE:BXMT) to release earnings on October, 25. Analysts forecast earnings per share of $0.61,
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Why you should pay off your mortgage before you retire

Is it always a good idea to pay off a mortgage, though? A house “free and clear” means a large asset that provides no financial opportunity to the
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EFSE lend Bosnia's MF Banka 3.5 mln euro for on-lending to small businesses

Earlier on Monday, EFSE announced it will lend 6 million euro to Bosnian microcredit company Mikrofin to increase support for agricultural enterprises
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How big banks control one of the keys of the new mortgage rules

What if the government created brand new mortgage rules to keep a lid on expanding debt in Canada, but handed the keys to the vault to the six
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Lending Club Schedules Earnings Release for November 7th

Lending Club booth Lending Club (NYSE:LC) has scheduled third quarter earnings release for Monday, November 7, 2016. The conference call will
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Bank – xit Major banks are “ quivering ” at the potential changes brought on by Brexit

Bank – xit Major banks are “ quivering ” at the potential changes brought on by Brexit

“Most international banks now have project teams working out what operations they need to move to ensure they can continue serving customers, the
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Sutherland Acquires Big Data Analytics Firm Nuevora

This acquisition will have wide implications for a variety of industries, including banking, technology, retail, travel, health, mortgage, insurance, telecom
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MBA Chief Stevens Diagnosed with Cancer

David Stevens, the chief executive and president of the Mortgage Bankers Association, has been diagnosed with cancer. Stevens revealed his
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Former State Representative Involved in Mortgage Fraud Scheme is Sentenced

Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that VICTOR CUEVAS, 52, of Bristol, was sentenced today by U.S.
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Former State Representative Sentenced in Mortgage Fraud Case

The U.S. Department of Housing and Urban Development provides mortgage insurance on loans made through its FHA program and mortgages
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Magic City named one of 10 'overlooked' real estate markets

Birmingham was named one of the 10 most overlooked real estate markets, according to a new report. Realtor.com mined its data to find the U.S. cities
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DBRS Confirms Ratings of JPMBB Commercial Mortgage Securities Trust 2015-C32

DBRS Limited (DBRS) has today confirmed the ratings on the following classes of Commercial Mortgage Pass-Through Certificates, Series 2015-C32
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Agencies issue an exception on real estate transactions from the appraisal requirements for …

Agencies Issue an Exception on Real Estate Transactions from the Appraisal Requirements for Transactions in Areas Affected by Severe Storms and
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GSE Shareholders Fighting for Their Day in Court

Fannie Mae and Freddie Mac received a combined $187.5 billion bailout from taxpayers in 2008 to remain solvent, after which the FHFA, which was
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title company seeking marketing rep

MARKETING REP – Ideal candidate is someone who has a positive attitude, takes initiative, and has strong door to door sales background and
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Ellie Mae Releases the Encompass Lending Platform

Ellie Mae has launched the Encompass Lending Platform, allowing customers to integrate external systems and data, and build custom applications in
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Heather Paul Named Top Real Estate Agent for Southern California Los Angeles for Second Time

SANTA MONICA, Calif., Oct. 24, 2016 /PRNewswire/ — Heather Paul, Broker/Owner of Expert 1 Realty, was named Top Real Estate Agent by Top
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US hints at delay to huge bank fines for mortgage mis-selling

US hints at delay to huge bank fines for mortgage mis-selling. Bankers are told to expect a trio of major mis-selling fines to be delayed until after the
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Fannie and Freddie: Recapping Them Would Cost the Government Billions

Allowing Fannie Mae and Freddie Mac to build $50 billion of capital buffers each would cost the U.S. government at least $10 billion and increase the
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Real Estate Project Manager – Cell Site

o Contractor will perform most tasks that Real estate specialist perform today. o Will be responsible for driving site acquisition, SD PM, legal, and A&E
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Moving if Trump wins? Raleigh real-estate agent wants to help you sell your house

If you're planning to leave the country if Donald Trump wins the presidential election, a Raleigh real-estate agent is eager to help you sell your house.
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Key mortgage rate increases

Mortgage rates showed no clear direction today. The average for a 30-year fixed-rate mortgage ticked up, but the average rate on a 15-year fixed
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Preventing foreclosure through mortgage mediation

… Legal Group, shared how Washington State's Foreclosure Fairness Act may help homeowners avoid foreclosure, through mortgage mediation.
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Apartments in Garner are a good thing, experts say

The huge demand in apartments first started after the recession. Many young professionals, distrusting of the housing market, opted to play it safe and
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BoA Expands Its 3% Down Mortgages Without Insurance Program

Bank of America, in conjunction with Freddie Mac and Self-Help Ventures Fund, began offering mortgages that only required consumers to put down
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Investment In Real Estate: The USA Or International?

Investment In Real Estate: The USA Or International?

Real estate is inversely correlated with the bond markets: while bond prices fall, REITs increase in price due to stronger economies and increased rent
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Real estate research company CoStar bringing 730 jobs to Richmond

CoStar Group, a real estate information analytics and online marketplace provider will open a research center in Richmond, bringing $8.2 million in
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People on the Move 10.24.16

(HDC), one of the nation's most active housing finance agencies and the largest municipal issuer of mortgage revenue bonds for affordable multifamily
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Banking Ethics Are Needed Now More Than Ever

Roger Busse (chief executive officer) says that banking ethics are needed now more than ever.
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Former Connecticut lawmaker gets probation after mortgage fraud conviction

In pleading guilty, Cuevas admitted to working with others to present false documentation in connection with a loan application for his mortgage.
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Bank – xit Major banks are “ quivering ” at the potential changes brought on by Brexit

“Most international banks now have project teams working out what operations they need to move to ensure they can continue serving customers, the
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Asian home buyers less likely to default on their mortgage: study

People from cultural backgrounds where getting financial assistance from families is the norm are less likely to default on their mortgages, new
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Bank of America loan to AT&T comes with fees – and risk

Wall Street banks are writing some of their biggest checks ever to fund AT&T Inc.'s takeover of Time Warner Inc. as they seek a bonanza of fees.
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What $400000 (or less) buys in today's metro Denver housing market

That's the focus of the final segment of the Denver Business Journal's October series on how much house can be bought at certain price points in the
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Big banks roll out Zelle, a money-transfer app to take on Venmo

The nation's biggest banks, including JPMorgan Chase & Co., Wells Fargo & Co., and Bank of America Corp., are rolling out a new money-transfer
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Richmond's value rises as real estate firm pledges 700 jobs

Virginia's governor says a real estate research firm will bring more than 700 jobs to Richmond. Terry McAuliffe said Monday that CoStar Group will
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Real estate briefly: RSM center sold for $56M; Brea facility $26M; Costa Mesa memory care unit …

Allianz joins Irvine-based LBA Realty and principal real estate investors in a joint venture in which terms were not disclosed. Allianz' stake includes six
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Lendful pitches its consumer lending marketplace on #TheDisruptors

To make it easier for Canadians to get loans, one Vancouver-based startup has created an online lending solution. Lendful, the latest pitch on The
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Thermo Fisher Scientific (TMO) Release: Boosting Productivity In Blood Banking And Cellular …

Blood banking and cellular therapy centers function as production facilities. As such, high-throughput capabilities that enable run-to-run reproducibility
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Weak sentiment cools housing market

SHANGHAI'S housing market cooled last week as sentiment among both home seekers and real estate developers weakened as government
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Bank of America launches AI chatbot Erica — here's what it does

Monday at the Money 20/20 conference, Bank of America's president of retail banking, Thong Nguyen, unveiled an artificially intelligent bot to help
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Enacomm Introduces Virtual Personal Assistant Banking with Eva Voice Biometric Authentication at …

LAS VEGAS, NV–(Marketwired – Oct 24, 2016) – Banking customers can now securely access their financial information in real-time and safely
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Accord introduces cashback incentives on remortgages

Accord Mortgages has launched cashback incentives of £250 for remortgage customers with 35 per cent and 10 per cent deposits.
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Press Releases

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it has arranged a Freddie Mac
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What the U.S. Could Learn from Canada's Housing Market

Overall, the U.S. mortgage market is roughly 10 times larger than Canada's. Structurally, however, the markets are parallel. The most common type of
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