New US Strategy at Credit Suisse: a Bank for Billionaires

New US Strategy at Credit Suisse: a Bank for Billionaires

Zurich-headquartered Credit Suisse is moving away from its traditional business of investment banking as it expands its wealth-management activities.
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China May Let Wall Street Banks Run Own Mainland Units, WSJ Says

China may give Wall Street firms long-sought permission to run their own investment-banking arms on the mainland, the Wall Street Journal reported,
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Chinese buyers increase focus on London property market

Chinese investors have increased their focus on London's property market, partly because of the fall in the pound and partly because there are signs
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Live: Sensex, Nifty hold on to early gains; banking, pharma stocks up

Reversing its five-day losing streak, the 30-share S&P BSE Sensex surged 317 points and the National Stock Exchange (NSE) Nifty 50 reclaimed the
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Housing goals for WA seniors

“Despite the excellent work of the retirement living sector, the housing market is not keeping up with the demands of the ageing population,” he said.
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Banking security tops agenda at CyberXchange confab

Banking security, e-commerce, digital media information technology audit were the key issues that engaged the minds of cybersecurity experts at the
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New Jefferson High School Interact Club already lending helping hand

SHENANDOAH JUNCTION –Members of Jefferson High School's newly-formed Interact Club are already quick at work, raising money for the needy
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Hong Kong Property-Tax Rise Shakes Shares of Developers

Hong Kong property prices, already among the world's most expensive, have headed upward this year thanks to low mortgage rates and rising interest
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9 trends transforming home ownership

The nation's largest mortgage lender believes the way Australians buy a home could change drastically over the next 15 years as more people team
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US mortgage delinquencies fall to new post-crisis lows

US mortgage delinquency levels have reached new post-crisis lows, underlining how the ultra-low interest rates that are squeezing banks' lending
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PSU banks lent nearly double of private banks in Q1 of 2016

This may also be a good time for existing home loan borrowers to consider switching their mortgage to another lender. For instance, on a home loan of
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Texas Capital Bancshares Inc (NASDAQ:TCBI) has been upgraded to Strong-Buy in a statement by …

Raymond James Financial Inc. has upgraded Texas Capital Bancshares Inc … Texas Capital Bancshares, Inc. is a bank holding and a financial holding … term and construction loans; mortgage finance lending; equipment leasing;
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PNB Housing Finance shares make stock market debut with 11.4% premium

The issue, which opened during 25-27 October, received 37.3 times subscription from institutional investor category, while the non-institutional
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Another Singapore crowdfunding startup gets green light: Funding Societies gets provisional CMS …

The license will allow Funding Societies to deal in securities for lending-based crowdfunding for all classes of investors in Singapore. The company
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PNB Housing Fin debuts at Rs 860/share, up 11% over issue price

Shares of PNB Housing Finance has made stock market debut at Rs 860, up 11 percent from its issue price of Rs 775. Issue price of Punjab National
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European Banking Authority unlikely to move here, says MEP

Ireland looks set to miss out on the European Banking Authority relocating to to Dublin when the UK leaves the EU, Fine Gael MEP Brian Hayes has
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When housing 'wealth creation' leads to national wealth destruction

With a median home price of $800,000 in Sydney, it would take a single person more than a decade to save a deposit, so more than five years for a
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experienced mortgage brokers wanted

We are looking to add to our team, motivated, exceptional mortgage brokers or bankers with a great personality. In addition to home loans, we also
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China Bank offers P5B high-yielding deposits

China Bank offers P5B high-yielding deposits

Sy family-led China Banking Corp. has launched a P5 billion offering of high-yielding deposit notes to support expansion plans. This represents the
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Moody's: Stable outlook for China property sector

“Also, despite an expected slight tightening in mortgage financing, mortgage availability and loose monetary policies will remain broadly supportive of
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Markets Live: ASX jumps on FBI bombshell

While markets are rallying on the firming odds of another Clinton …. Housing bears, listen up: Hong Kong leaders' surprise move to cool the world's
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Housing activists: Don't revive tax break for building developers

Amid new efforts to revive a massive tax break for housing developers, some … That could balloon the tax break's cost to as much as $3 billion a year,
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Westpac NZ comfortable with mortgage book quality

Chief executive David McLean told BusinessDesk the core mortgage lending business is “still going quite well” and that it's areas on the fringe that the
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The wealthiest Americans have a new attitude about homebuying — and it's led to a crisis in the …

According to recent data from Trulia, since last year, the US luxury real estate market has seen a significant increase in for-sale homes needing to
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Investor Barometer: ATR Watch on Shares of Schroder Real Estate Investment Trust Li (SREI.L)

Currently, the 14-day ADX for Schroder Real Estate Investment Trust Li (SREI. … Traders may use the indicator to determine stock trends or to identify
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Prospective homebuyers weigh up their options

Wang is probably not alone in managing to nurture a somewhat upbeat attitude toward Shanghai's housing market, even as home prices continue an
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Nigerians borrow more as domestic debt of banks hit N13.8tr

“Households' demand for house purchase lending, unsecured credit card lending and unsecured overdraft/personal loans increased in Q3. Corporate
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Lending Manager – Robina Hub

Lending Manager – Robina Hub

Our Robina (Robina Town Centre) are looking to hire a passionate, motivated and organised Lending Manager to join the team whom will continue
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ETFs Load Up on Real Estate

Index investors can't seem to get enough of real-estate investment trusts: They collectively hold more than 15% of shares outstanding of several of the
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What you need to know about the future of AG Mortgage Investment Trust Inc's (MITT) business?

Based on the latest analyst predictions AG Mortgage Investment Trust Inc (NYSE:MITT) is estimated to decline its earnings -3.1% over the next year.
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This is likely the only economic data to grab any attention on election day

“That said, non-food inflation also shows signs of upward pressure, as the disinflation from energy fades and as the housing market heats up,” the
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Mexican Peso Jumps With Asian Stocks on FBI Statement; Yen Sinks

Hong Kong property shares tumbled by the most since January after the … shock measures to cool the world's least affordable housing market.
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HK raises stamp duty to cool resurging property market

The resurgent property market poses a headache to the city's Chief Executive Leung Chun-ying, who had touted his success in curbing property prices
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New ways to break into the housing market

New ways to break into the housing market. Mon, 2016-11-07 14:15. Chris speaks with Comm Bank's Executive General Manager of Home Buying,
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Pop goes the housing: Real estate industry in midst of biggest boom since recession

The transactions also generate income for lenders, title insurance companies, escrow officers, appraisers, termite inspectors, home inspectors and
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Jetpilot Australia boss has drive to grow top sporting apparel business

Before moving to the US, Mr Attard had held the role of lending manager with ANZ. “It (the role) gives you a good background for business,” he said.
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Mortgage Adviser

Mortgage Adviser in Accounting and public practice, Accountant with Anonymous. Apply Today.
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Banks must start lending to farmers

From the President to paupers, every Nigerian now utters with conviction that a major road out of recession into future prosperity lies in the promotion
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haart – High Court ruling has ramped up uncertainty

haart – High Court ruling has ramped up uncertainty

Last week the Financial Conduct Authority's mortgage sector manager Lynda Blackwell told brokers that Brexit uncertainty just got worse. She said:
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Million pound house sales rose in H1 2016

The number of UK house sales over £1m increased by 12% in the first half of 2016 compared to the corresponding period in 2015, Lloyds Bank
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Illegal nightly rentals impacting Whistler's housing market

Whistler is in the midst of a rental housing crunch and it's partly because of illegal nightly rentals. The other part of it has to do with strong economic
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CommSec Daily Report Monday

Financials drove the index higher in early trade led by shares in Westpac (WBC) which were up 3.2% at $30.66. The lender reported cash earnings
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Following the Charts on Shares of Genworth Mortgage Insurance Australia Limited (GMA.AX)

Technical traders often make a point of keeping an eye on the ATR or Average True Range of a particular equity. Currently, Genworth Mortgage
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South Australia's largest lender, Bank SA, posts full year profit to end September of $199m

BANK SA has attributed a growth in deposits, home lending and small business transactions to an eight per cent increase in full year net profit to $199
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Whether measured by clearance rates or prices, Australia's hot housing market continues to simmer

Whether measured by clearance rates or prices, Australia's hot housing market continued to simmer last week. According to CoreLogic, Australia's
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Blockchain is not just for banking… insurance wants it too

There has been a tremendous amount of discussion, white papers, excitement and debate over the past few years about the potential of blockchain
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Tips for first-time home buyers

Many mortgage lenders will want to see some recent pay stubs (from both borrowers if buying with a spouse or partner), a couple years' worth of W-2s
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Testing environment for Bitcoin exchanges

Testing environment for Bitcoin exchanges

Finally, beyond Bitcoin and exchange platforms, global banks and developers have had success in developing and testing private (or “permissioned”)
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What's Next for Multifamily: Q&A with Kevin Finkel of Resource Real Estate

With only two months left, 2016 has been an interesting year for multifamily. Though the market has been quite steady overall, there were micro-trends
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Interest rates on home loans slashed by big lenders

Home loan borrowers can expect to see a decline in their monthly EMIs after three of the country's biggest lenders slashed interest rates aggressively
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London & Country seeks investor ahead of £300m float

Home loan broker London & Country Mortgages has shrugged off Brexit worries and decided to pursue a float that could be worth up to £300m.
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Brokers prompted to consider 'slice' of specialist lending

Launched by specialist lender Bluestone Mortgages, the campaign features a slice of watermelon and urges brokers to 'get your slice of the
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Warning as household debts spiral to £1.5 trillion

UK adults owe an average of nearly £30,000 each – mostly in mortgages, but also in loans and credit cards – 83% of the country's annual economic
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Stonington tax collector reminds residents of real estate tax bill deadline

Stonington _ Tax Collector Linda Camelio is reminding taxpayers that the second installment on their real estate tax bill is due January 1, 2017 and
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Hong Kong's real estate veteran Koh Keng-shing believes in taking risks and 'leaving it to God'

For more than 20 years, Koh was in the frontline of Hong Kong's high-end real estate market, a sector that has gone through many ups and downs
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Real estate agents dominate NSW complaints

Real estate agents have again dominated the NSW government's … LJ Hooker, Century 21, Elders Real Estate, McGrath and First National Real
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THE LAST WORD: Rethinking the banking industry

This week, the government injected Shs 200 billion into Crane Bank to bolster its liquidity position. This is only 40% of the Shs 500 billion needed to
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Homeowners are picking the mortgage over their family

NEW Research from UBanks says more than half of all mortgage holders surveyed skip time with their family to work more so they can pay off their
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7 financial habits of highly successful real estate professionals

But who is taking care of the real estate agents when they reach retirement age? Victoria Gillespie Gillespie is the senior vice president and national
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Phone banking in Hialeah Florida. Feeling real good! We got this!

Today was probably my last day phone banking. Tomorrow i'm tied up, can't make it. But Tuesday i'll be driving voters to the polls all day. I volunteered
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Westpac annual profit down 7 per cent

Westpac's full-year annual profit fell 7 per cent or A$567 million which the bank blamed on “a number of significant infrequent items”. Net profit fell from
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Contrarian signs of trouble in the housing market

The housing bubble was a speculative mania, and despite the wild rise in prices during the final two years, most buyers late to the rally lost money
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Most Indians not aware of credit score: Here's what you need to know

It is a detailed report of your credit history. Credit bureaus collect information from various sources (banks, lenders, credit card companies and NBFCs)
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Global X Management Co. LLC Acquires 101381 Shares of Invesco Mortgage Capital Inc. (IVR)

LLC raised its stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by … Invesco Mortgage Capital makes up approximately 0.9% of Global X
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Families who rent could buy their home after 25 years in new housing plan change

A new type of tenure, to be called 'buy as you go', is expected to be announced as part of a major revamp of the housing market at the end of this
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Anworth Mortgage Asset's (ANH) CEO Lloyd McAdams on Q3 2016 Results – Earnings Call …

Anworth Mortgage Asset's (ANH) CEO Lloyd McAdams on Q3 2016 Results – Earnings Call …

… terms of any financing, risks associated with investing in mortgage-related assets, changes in business conditions in the general economy including
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Water Banking: Ruling means Kittitas County's model may be adapted statewide

Rules similar to those in Kittitas County may be needed across the rest of the state, and that could greatly expand the need for water banks
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Westpac wipes line in sand as profit flat at $7.82 billion

Westpac has conceded that a target for profitability set in the boom years of banking by former boss Gail Kelly is no longer realistic, as it delivered a
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Gov't to borrow over $1B this year: report

Bilateral lenders, including traditional partners Japan, France and South Korea, provided $208 million in loans during the first half of the year.
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Westpac latest bank to post profit drop

Westpac is the latest bank to report its results for the 2016 financial year, with a 7 per cent fall in annual group profit to A$7.44 billion ($7.78 billion).
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SPDR KBW Regional Banking (KRE) Sees Large Drop in Short Interest

SPDR KBW Regional Banking (NYSE:KRE) was the target of a large drop in short interest in the month of October. As of October 14th, there was short
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Demolishing the great SMSF property myth

The ATO self-managed fund asset allocation statistics show that property … only 0.4 per cent of the total $6.045 trillion Australian housing market.
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Business leaders urge government to tackle UK housing crisis

Business leaders urge government to tackle UK housing crisis … and create a housing market that works for all parts of society and the country”.
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Stanbic IBTC Named Best Private Bank In Nigeria

stanbic-ibtc-global-banking-award Standard Bank Group, to which Stanbic IBTC belongs, has clinched two awards at the Global Private Banking
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Westpac says policy changes focused on quality lending

“We have focused on quality lending over volume, particularly in housing. This was evidenced by some risk policy changes we were prepared to make
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Australia's suffering resource town's property markets may finally be about to hit bottom

AUSTRALIA'S long suffering resource town property markets are finally … the resources slow down are approaching the bottom of the housing market.
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Westpac Banking Corp posts flat dividend, as shares surge

This morning Australia's second-largest bank Westpac Banking Corp (ASX: WBC) revealed a distinctly flat set of financial results for the full year
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Mortgage Loan Processor – Awesome Opportunity!

Experienced, High Level Mortgage Loan Processor needed for growing branch. Job Description: Our team is growing so we are looking for a self
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FinovateAsia 2016 – Taps Turnkey Lender 6.0

SINGAPORE–(BUSINESS WIRE)–FinovateAsia 2016 has chosen Turnkey Lender 6.0 as a featured presenter for this year's annual conference on
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Pennsylvania Real Estate Investment's (PEI) CEO Joe Coradino on Q3 2016 Results – Earnings …

Good morning. My name is Mike and I will be your conference operator today. At this time, I would like to welcome everyone to the PREIT third quarter
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China Weighs Giving Wall Street Investment Banks Greater Mainland Access

China Weighs Giving Wall Street Investment Banks Greater Mainland Access

HONG KONG—Beijing may allow Wall Street firms to run their own investment-banking businesses on the mainland, according to people briefed on
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FE Investments 'B' Ratings Affirmed, Outlook Stable

FEI to whom earns a fee from its lending and underwriting arrangements from commitments for debt securities issued by third parties and to SME's;
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2/324 Maroondah Highway Ringwood Vic 3134

4 bedrooms Unit for Sale. Price on Application. 2/324 Maroondah Highway Ringwood Vic 3134. Listed by Fletchers Real Estate – Ringwood. Features:
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Health Care Premiums: 'Almost the Price of a Mortgage'

Health Care Premiums: 'Almost the Price of a Mortgage'. How could families ever vote for Hillary when sky-high insurance prices are practically
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U.S. Cellular paid $13 million to get out of White Sox ballpark naming deal

… from the sponsorships affiliated with the relationship; Guaranteed Rate is designated as “the official mortgage and title company of the White Sox.”.
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Boring is the new banking black as Westpac wipes ROE target

Westpac's Brian Hartzer faces a House of Representatives committee hearing in Canberra recently. He had announced plan to remove incentives
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Customer Service Roles

Customer Service – Call Centre, Working on behalf of Australia's largest banks, we are looking for experienced Customer Service professionals to take
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Former Wallabies Nick Farr-Jones and Jim Williams caught in funding controversy

… Farr-Jones authorised the use of A$56,000 (NZ$59,000) in funds earmarked for Indigenous education to make a secret mortgage payment on behalf
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Residential house price growth downgraded

Residential property owners expecting above-inflation growth in the price of their homes in 2016 are in for a reality check as the housing market
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To recoup losses from the housing collapse, Miami pursues a novel suit

The city says that it can prove the lending institutions discriminated against Hispanic and African American residents by directing them into
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Sydney housing market takes a breath

house sold blocks Sydney's auction market slowed slightly on the weekend, reporting its lowest clearance rate in six weeks. Auction data from Domain
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Broker-originated loans on the rise for major bank

Looking at the group's mortgage portfolio, Australian home loan lending … the Reserve Bank's tightened restrictions on investor residential lending.”.
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Facing Up to China's Latest Economic Challenges

Facing Up to China's Latest Economic Challenges

As a main pillar for growth, consumption was driven by housing market-related spending between January and September. This category includes
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122 Kavanagh Rd Wishart Qld 4122

Exclusive Lowset Home in MSHS Catchment!. 5 bedrooms House for Sale. Offers Over $859000. 122 Kavanagh Rd Wishart Qld 4122. Listed by
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Dividend duel: Bendigo and Adelaide Bank Ltd & V Bank of Queensland Limited

The big four banks are some of the most popular shares on the ASX and can be found in most portfolios. Commonwealth Bank of Australia (ASX: CBA)
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The Big Debate Over Opening Bank Accounts Online

Online banking continues to grow, but that's not to say there aren't obstacles keeping it from exploding. The banking industry is ramping up the noise
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New Zealanders expecting house prices to soar could be caught out

Many New Zealanders are banking on the price rises seen over recent years continuing into the future – and that's prompted a warning. BNZ has
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Beware of fraudulent e-transactions, banks tell customers

JEDDAH – Saudi commercial banks have warned their customers against fraudsters who use false electronic marketing websites to steal their secret
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You've Probably Forgotten About LIBOR – Don't

I've talked quite a bit about money market reform and the repercussions for unsecured lending. Any time one mentions LIBOR, people tend to focus on
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Westpac drops 15pc ROE target

Westpac Banking Corp has dropped its return on equity target of 15 per cent, saying it is “no longer realistic” given the environment of low interest
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BRIEF-Westpac Banking Corp updates on Brexit outlook

SEOUL, Nov 7 South Korea suffered in October the biggest outflow of funds from bonds since February this year as a large chunk of the securities
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A statement released today by RBC Capital Markets about Industrial Alliance (TSE:IAG) ups the …

… savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services.
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Medium-density housing the new norm for first-home buyers

With the Queenstown Lakes District property market experiencing record highs, the demand for smaller sections and medium-density subdivisions is
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Westpac NZ annual earnings fall 4% as margins squeezed

Westpac Banking Corp's New Zealand division posted a 4 percent fall in annual earnings as lenders give up margin in the hunt for mortgage
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NAB flags 'considerable uncertainty' in property market

The big four bank expects “a more subdued environment” in residential property prices from the end of next year as supply conditions change.
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Trade Finance Officer

Corporate Finance & Investment Banking, The Trade Finance Officer provides tailored client services, ensuring all trade finance activities are
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Western Asset Mortgage Capital Corporation (NYSE:WMC) Expecting Mean EPS Of $0.225

Zacks is predicting EPS of $0.225 for Western Asset Mortgage Capital Corporation (NYSE:WMC) for the year 2017. The median EPS is stated at
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Westpac NZ: Balanced growth, investing in transformation

Home lending lifted 7% to $45.1b, slightly below market growth. With historic low interest rates, strong customer preference for fixed home loans
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Real estate briefly: Santa Ana's Grovemont Square sells for $4.7 million

Built in 1973, the Grovemont Square retail center on a 2.5-acre parcel is just south of the 22 and less than 2 miles from Chapman University and
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Australians struggling with mortgages

mortgage stress New research has found Australian borrowers are struggling with their mortgages in spite of record-low interest rates. A study by
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Direct-to-lender mortgage customers unwilling to use brokers

A new report from Deloitte has found that 85 per cent of borrowers who went direct to a lender would use the same channel again, rather than seeing a
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mailing address

mailing address

I've moved out of an area that has TD Bank locations and I need to close the account. Can I please get the best address to do this? The account was
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Sally Ridge's first Auckland real estate listing

Ridge and partner Warren Fenning have teamed up, both gaining their national certificates in real estate and both working out of Bayley's Ponsonby
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Kiwis banking on overzealous price increases

“When it comes to rising house prices, people are very optimistic if they are banking on continuous price hikes well above average. It's unlikely that
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Realtors® Can Gain a Competitive Edge by Understanding Real Estate's Top Issues in 2017

Providing their timely insights on residential and commercial real estate were two speakers with leadership roles from the Counselors of Real Estate®:
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Hong Kong Home Prices Set to Plunge on Policy Change

Hong Kong leaders' surprise move to cool the world's least affordable home market is set to spur an immediate plunge in prices and transactions as
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TD Bank Hours

Is the TD Bank going to have a notary inside on Sundays at either the Mullica Hill, NJ or the Mantua, NJ office tomorrow – Let TD Helps show you how
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What cut? Borrowers face higher home-loan rates

Home-owners face increasing mortgage rates despite a predicted fall in the official cash rate. Photo/Janna Dixon. Photo / Doug Sherring. Home loan
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China's Moves to Cool Property Prices May Be Working

Now policy makers must balance deflating property prices with safeguarding the expansion. Efforts to curb excessive gains could cut 0.6 percentage
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Lower Costs, Price Transparency Key to Higher Reverse Mortgage Take-Up

It's no secret that the penetration rate is abysmally low for retired homeowners who could potentially benefit from getting reverse mortgages. But new
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15% cut in mortgage to serve 450000 applicants

JEDDAH — Specialists in the real estate sector anticipated that the new reduction of facilitated mortgage, which requires individuals to pay 15% of the
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Homeowners may face higher mortgage rates

Homeowners are bracing for higher fixed-term mortgage rates, despite a predicted cut to the official cash rate. The Reserve Bank of New Zealand
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Are borrowers shunning fixed rate loans?

The demand for fixed rate home loans continues to decline, according to national broking franchise Mortgage Choice, with more borrowers opting for
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The housing profiteers

Such actions raise demand in local markets and inflate housing costs for the lower classes, something the rich love because it means more money for
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Ex-Wallabies Nick Farr-Jones, Jim Williams and Bruce Worboys caught up in Learn Earn Legend …

… the use of $56,000 in funds earmarked for Indigenous education to make a secret mortgage payment on behalf of former Wallaby Jim Williams.
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Banking firm Fieldpoint Private adds managing director

Banking firm Fieldpoint Private adds managing director

Catherine Zieman has joined the Palm Beach office of Fieldpoint Private, a private high net worth banking firm, as managing director and senior
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Non-bank sees surge in self-employed mortgages

“We're solely focused on specialist lending, and channel our efforts exclusively on providing brokers with solutions designed to assist and benefit
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Tesco Bank customers lose money after suspected fraud attempt

Thousands of Tesco Bank accounts have reportedly been affected after 'suspicious activity' was identified by the bank's anti-fraud system.
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Average LVR waning across Australia

Tim Lawless, head of research at CoreLogic Asia Pacific, said the lower level of application LVR is also an indicator of more prudent lending
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cashing in change

what information do i need to put on rolled change to cash it in? And is there a limit as to how much i can cash in at a time? – Let TD Helps show you
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Myanmar urged to open banking sector more widely to foreign investment

As Myanmar continues to open-up to the rest of the world, the country's banking sector is a major sector being called upon to accept more foreign
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US Bank will erect state-of-the-art building

US Bank will construct a new 6,300-square-foot building just north of its existing branch along Roosevelt Avenue in Burlington. The bank is
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