Deutsche Bank reaches $7.2bn settlement with US in mortgages case

Deutsche Bank reaches $7.2bn settlement with US in mortgages case

Deutsche Bank will be hoping that the settlement draws a line under the mis-selling case which saw its shares fall to a 30-year low. Photograph: Kai
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Deutsche Bank plans $7.2 billion mortgage settlement with US

DE) has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to
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Migration surge drives housing markets and economies

Net migration is a key short term driver of new housing demand and general housing market activity with latest ABS population data revealing
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Banking sector has seen a lot of stress due to demonetisation: Neelkanth Mishra, Credit Suisse

I'm personally worried about the banking system. The banking system has gone through a lot of stress and I'm not just talking about individuals and
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REAL ESTATE Trends 12.22.16

Amenities: Two-unit property: Main house has two bedrooms and attached guest suite with private entrance and separate bathroom, while the granny
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Megavendors and transaction banking: reinvesting in digital corporate banking

Earlier this month, Fiserv announced that it is acquiring Online Banking Solutions (OBS), a privately held provider of niche treasury management
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Deutsche Bank agrees to pay $7.2 billion to settle mortgage-abuse case

German financial giant Deutsche Bank said it will pay $7.2 billion to settle a landmark mortgage-abuse case with the Department of Justice.
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The Italian Banking Crisis: No Free Lunch—or Is There?

The resulting chaos has pushed Italy's already-troubled banks into bankruptcy. First on the chopping block is the 500 year old Banca Monte dei Paschi
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30-year mortgage rate rises to highest level since 2014

A three-bedroom home at 85-124 Plantation Road in Waianae was listed for sale at $238,000 in 2015. Long-term U.S. mortgage rates climbed again
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Deutsche Bank to Settle Mortgage Inquiry for $7.2 Billion

The payout would settle claims that the bank, like many other institutions during the financial crisis of 2008, sold investors mortgage securities that
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Cristina Kirchner's Real Estate Firm Linked to Odebrecht in 2014

Cristina Kirchner's family real estate firm has been linked to Odebrecht. … and intimately linked to the administration of the Kirchner family real estate
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Deutsche Bank Agrees to Settlement Over Residential Mortgage-Backed Securities

Deutsche Bank AG agreed to pay a $3.1 billion penalty, plus provide $4.1 billion in consumer relief over time, to settle mortgage-backed securities
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Positive signs that 'mortgage market growth will continue'

The pick-up comes ahead of a relaxation of Central Bank mortgage restrictions for first-time buyers that take effect from the start of next year, and a
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The art of the real estate deal: Trump's modest childhood home goes to auction after old owner …

Paramount Realty says the 1940 Tudor-style house in Jamaica Estates in Queens is being offered January 17. That's three days before Trump takes
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Lending a helping hand to women cancer patients

Lending a helping hand to women cancer patients

In a bid to provide financial assistance to underprivileged women patients who come to the city from across the country for cancer treatment, the Shree
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Lending Club: Value Or Value Trap?

Shares of Lending Club (NYSE:LC) have gone from $25 a share to roughly $5 a share in just a few years. The peer-to-peer lending company might
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Senior Business Analyst- Lending/Mortgages

This position sits within a small commercial lending/mortgages team with retail banking that are part of a new initiative being driven from Q3 of this
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Deutsche Bank to pay $3.1 billion to US over toxic mortgages

Deutsche Bank has agreed to pay billions of dollars to the U.S. government to settle claims that it packaged up toxic mortgages between 2005 and
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Deutsche Bank reaches $7.2 bln settlement with DoJ on mortgages c…

The DoJ on Thursday sued Barclays Plc on charges of fraud in the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis.
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Arm of Wiggin Properties buys Meridian Tower

Its previous owner was KBS Real Estate Investment Trust, an affiliate of KBS, in Newport Beach, California. Wiggin Properties is based in Oklahoma
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New report says Toronto housing the least affordable in Canada

Vancouver's housing market has long been the country's most expensive. However, prices have started to cool and some analysts point to the recent
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SPECIALS! DVD Lending Library, 24-Hour emergency maintenance

SPECIALS! DVD Lending Library, 24-Hour emergency maintenance

The Lexington Apartments & Townhomes 2755 Lexington Avenue, Roseville, MN, 55113 Call Now – Move in specials available now! Receive one
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Alternative financing companies provide lending solution for minority business owners

Nationwide (BlackNews.com)—Minority business owners continue to face challenges when applying for loans from traditional banks and lenders, but
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Holiday Heart Warmer: Foundation Pays Off Mortgages for Slain Police Officers' Families

But a New York charity is trying to ease their financial concerns this holiday season by paying off their mortgages—or helping them buy homes.
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Goodbye new normal: Time to close a loan ticking back up

After settling back around 46 days, the time to close a loan is starting to tick higher again, getting close to this year's high, according to the latest
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Deutsche Bank reaches $7 billion settlement in US over mortgage-backed securities

Deutsche Bank has reached a $7.2 billion agreement to resolve a US investigation into its dealings in mortgage-backed securities. The deal removes
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Central Bank concern on lending rules

A number of members of the Central Bank Commission have questioned whether house prices would rise as it loosened mortgage lending rules,
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Deutsche Bank to Settle U.S. Mortgage Probe for $7.2 Billion

Deutsche Bank AG said it reached a $7.2 billion agreement to resolve a years-long U.S. investigation into its dealings in mortgage-backed securities,
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Conventional Mortgages Finance Most New Home Sales Since 2008

NAHB analysis of the most recent Census estimates concerning sources of financing for new home sales reveals that the share of mortgages financed
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Real Estate Analyst – Minnetonka, MN

As the Real Estate Planning Analyst within our Real Estate Planning team, you will work closely with Business leaders, Corporate Services colleagues
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Deutsche Bank reaches $7.2 billion settlement with DoJ on mortgages case

DE) said it would pay $7.2 billion to the U.S. Department of Justice, related to its issuance and underwriting of residential mortgage-backed securities
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The US Is Suing Barclays and Two of Its Former Executives For Mortgage Securities Fraud

The U.S. Department of Justice on Thursday sued Barclays (bcs) and two former executives on civil charges of fraud in the sale of mortgage-backed
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ALEX BRUMMER: The great Ponzi scheme of eurozone banking is on the brink of collapse

The titanic efforts to shore up Monte dei Paschi di Siena are more symbolic than anything else. Closing down the world's oldest commercial bank is not
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The VPC Specialty Lending Investments PLC (VSL) to Issue Dividend of GBX 1.50

VPC Specialty Lending Investments PLC (LON:VSL) declared a dividend on Thursday, November 17th. Stockholders of record on Thursday,
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Bitcoin a Safe Haven in the face of Italian Banking System Crisis

Bitcoin a Safe Haven in the face of Italian Banking System Crisis … Italy's banking system is on the verge of a meltdown with the oldest bank in the
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Neptune turns to money lending to offset VIP gambling slump

neptune-group-junket-business Macau junket operator Neptune Group finally turned in its annual report this week, and the results reflect the
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Market Focus: Checking Indicators on Shares of ING Clarion Global Real Estate Income Fund (IGR)

RSI can be used to detect general trends as well as finding divergences … The 14-day ADX for ING Clarion Global Real Estate Income Fund (IGR) is
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Top-Tier U.S. Home Values Lag Behind Rapid Growth

America's most expensive homes are lagging behind their middle and bottom-tier peers, which have seen values rise rapidly since last year,
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Deutsche Bank reaches settlement with DoJ on mortgages case

A statue is pictured next to the logo of Germany's Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo –
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Justice Department Sues Barclays Over Mortgage-Backed Securities

he Justice Department said Barclays' actions in the packaging and sale of what are known as residential mortgage-backed securities in the years
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Spring Tree Lending expands auto-loan services business to Arizona

Spring Tree Lending, which buys and services non-prime auto loans from small and mid-size auto dealers and lenders in the Southeast, said its is
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Property market set to end on weak note

Property market set to end on weak note

KUALA LUMPUR: The year ends on yet another gloomy note for the Malaysian property market as both the residential and commercial segments saw
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Wanted: Los Gatos real estate broker

With a healthy supply of real estate brokers in Los Gatos, the town shouldn't have any trouble finding a broker to market four town-owned properties for
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The Pitfalls of Accelerated Home Prices

House in Chains BH While rents largely stabilized in November, the acceleration of housing prices moved at its fastest clip since August 2006,
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Banking's Digital Frontier: Africa?

Digital banking is happening around the world, not just in the United States, but there is some indication that the United States is behind what is going
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DC's High-End Real Estate Agents Court Trump's Wealthy Team

Real estate developer and Trump advisor Jared Kushner reportedly is looking at homes in the Washington, D.C., area with his wife, Trump's daughter
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Share Focus: Checking the Indicators on China Lending Corp (CLDC)

Currently, the 14-day ADX for China Lending Corp (CLDC) is sitting at 58.28. In general, an ADX value from 0-25 would indicate an absent or weak
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James Hodgins discusses MCAN Mortgage

James Hodgins, president and chief investment officer at Curvature Hedge Strategies, discusses MCAN Mortgage.
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After standing vacant for 20 years, prime real estate across from Parliament Hill to get new life

The federal government has been presented with three leading ideas on what to do with the former U.S. embassy in Ottawa, which has stood vacant
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US sues Barclays for mortgage securities fraud

Barclays repeatedly deceived investors about the quality of loans underlying tens of billions of dollars of mortgage securities between 2005 and 2007,
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Here's how much the top Wall Street banks have earned in fees in 2016

The US bank has earned the most in fees in global investment banking, US investment banking, debt capital markets, equity capital markets and
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DBRS Finalizes Provisional Ratings on SoFi Mortgage Trust Series 2016-1

DBRS, Inc. (DBRS) has today finalized its provisional ratings on the Mortgage Pass-Through Certificates, Series 2016-1 (the Certificates) issued by
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Custodian Bank Completes Blockchain Test to Streamline Securities Lending

State Street Corp., a global financial holding company, has completed a 7-month blockchain test to streamline the securities lending process which it
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Eurex poaches fresh talent for derivatives

Deutsche Börse's has appointed two new senior product development personnel for its Eurex derivatives segment. Lee Bartholomew has taken on the
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It hasn't been this hard to buy a house in America since the financial crisis

Home prices plunged during the subprime-mortgage crisis that contributed to the 2008 recession. Several high-risk borrowers who had been granted
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25 biggest celebrity NYC real estate moves of 2016

It's time to make up a bunch of awards and hand them out to the most deserving people, places and things in the real estate, architecture and
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Epic Real Estate Nabs 344 KSF Retail Center in River City Suburb

According to Shelby County Register of Deeds, Austin-based Epic Real Estate Partners acquired the asset for $37 million, free and clear of debt.
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Mortgage rates hit highest levels since 2014

WASHINGTON — Long-term US mortgage rates climbed again this week, hitting the highest levels since early 2014. Mortgage giant Freddie Mac on
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For single women, housing market still filled with inequalities

A divorce and ex-husband's bankruptcy a decade earlier had left Ms. Tetzloff all but toxic to lenders when it came time to apply for a mortgage.
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Liberum Capital Reiterates "Buy" Rating for Ranger Direct Lending Fund PLC (RDL)

Ranger Direct Lending Fund PLC logo Ranger Direct Lending Fund PLC (LON:RDL)'s stock had its “buy” rating reiterated by research analysts at
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Long-term US mortgage rates hit highest levels since 2014

Long-term US mortgage rates climbed again this week, hitting the highest levels since 2014. Mortgage giant Freddie Mac said Thursday that the rate
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Property and housing in 2016: Brexit, buy-to-let tax hikes and slowing London house prices

Property and housing in 2016: Brexit, buy-to-let tax hikes and slowing London house prices

We look back on a property year where the dynamics of UK house prices shifted and Brexit began. Shane Croucher. By Shane Croucher. December
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Barclays sued by US over billions of dollars in toxic mortgages

NEW YORK (CNNMoney) — A federal lawsuit accuses Barclays of defrauding investors who bought mortgage securities from the bank before they
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Court rules against payday lenders claiming to be part of tribes

Payday lenders can't shield themselves from state regulation of their interest rates by affiliating with Indian tribes while keeping control of their
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Mortgage Loan Pre-Auditor

Masterson Staffing is currently recruiting for temp-to-hire Mortgage Loan Pre-Auditors for a client in the St. Paul area. The successful candidates have
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US sues Barclays in mortgage fraud case

The Justice Department is suing Barclays for fraud in the sale of mortgage securities in the run-up to the financial crisis. The British bank deceived
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Will Private Debt Face Tough Times Under Donald Trump?

New allocations to U.S. direct lending funds stand at $10.3 billion so far this year, according to data provider Preqin. That's a big drop from the $15.4
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Top 5 Hamptons Real Estate Top 5 Lists of 2016

The Hamptons and North Fork didn't disappoint when it came to real estate in 2016. Most weeks our weekly Real Estate Top 5 list explored all facets
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A Litany of Accusations in Barclays Mortgage Lawsuit

The Justice Department's mortgage lawsuit against Barclays runs nearly 200 pages, and many of the most serious accusations come from internal
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US Sues Barclays Over Mortgage Securities in Rare Step — Update

The lawsuit focuses on 36 of those securitizations, holding $31 billion worth of mortgage loans. Those securities ” proved to be catastrophic failures,”
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Local experts speak about increase in mortgage rates

Long-term mortgage rates in the U.S. have hit an all time high since early 2014, but although we have seen a recent spike in rates, local experts say it
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Ex-Im's satellite-lending lapse didn't stop Israel's Spacecom from buying American

Amos-17 702 satellite Spacecom Amos-17 is the first American satellite Spacecom has purchased since it was founded in 1994. Credit: Boeing.
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Talkin' mortgages

We like to check in from time to time with our mortgage guru, Matt Young of MDC Group. Matt is kind enough to fill us in on the mortgage market and it
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Icahn says EPA, bank regulations hamper US economy: CNBC

Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York February 11, 2014.
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Bailout of world's oldest bank underscores lingering crisis in Europe

More than eight years after the collapse of the global financial system, Europe's banks are still struggling — and things may get worse. The latest threat
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director, robbins banking institute, specialized faculty (1049)

This is a new institute designed to increase the pool of students entering the banking profession in Kansas. The Institute will expand on-campus
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Intern – Commercial Lending Services

Are you interested in working in the Commercial Lending field? Do analyzing financial statements, conducting weekly/monthly/annual reporting for
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Earnings Take Center Stage; Analysts Weighing in on TPG Specialty Lending, Inc. (NYSE:TSLX)

Covering Street analysts are looking for TPG Specialty Lending, Inc. (NYSE:TSLX) to report quarterly EPS of $0.44. The company is next expected to
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US justice department accuses Barclays over mortgage mis-selling

US justice department accuses Barclays over mortgage mis-selling … rejects legal claim by Department of Justice that it missold mortgage bonds.
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Mortgage Assistant

… Assistant for an immediate Full-Time opportunity. The Mortgage Assistant will provide sales support to loan officers by acting as liaison between loa.
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Benefit or boondoggle? Housing experts chime in on B.C.'s homeowner loans

VANCOUVER — Economists are panning the British Columbia government's recent pledge to help first-time homebuyers get into the housing market
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Broward home sales pick back up in November

Broward home sales pick back up in November

The Greater Fort Lauderdale Realtors' association just released its housing market report for November, stating home sales in the region jumped 6.5
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Eight Consecutive Weekly Increases Push Mortgage Rates to Levels From Early 2014

Mortgage agency Freddie Mac today released the results of its Primary … In fact, according to Freddie Mac's data, at an average rate of 4.30% for the
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Land Estates

Find New Land Estates For Sale across Australia. Search by state or suburb For New Land Estate listings on Australia's no.1 real estate website.
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Real Estate – JD2017

… McLean, VA WHO ARE WE? The mission of this real estate team is to provide the premier customer service experience for each home seller…
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Barclays to Face Off Against U.S. Over 'Craptacular' Loans

The U.S. Justice Department sued Barclays Plc for fraud over its sale of mortgage bonds after the bank balked at paying the amount the government
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Best option for money investment, How do you get free money lending business

How do you get free money lending business assembly dfw in waltham. Work from home idea, Best option for money investment career work.
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US justice department accuses Barclays over mortgage misselling

The government's complaint alleges that Barclays fraudulently sold investors RMBS full of mortgages it knew were likely to fail, all the while telling
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Improper Payments, Unused Real Estate Top Congressman's Wasteful-spending Report

Merry Christmas, taxpayer. Your hard-earned money is still being frittered away by Uncle Sam at an alarming rate. In his latest Waste Watch report,
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BSP adds perks for M&As in banking industry

To encourage consolidation among banks and quasi-banks, the Bangko Sentral ng Pilipinas is offering an array of incentives aimed at strengthening
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Ranchester approves real estate operation for information center

RANCHESTER — Ranchester Town Council accepted a motion to proceed with negotiations to rent the information center to a real estate operation at
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Iberiabank Corp. (IBKC) to Post FY2018 Earnings of $5.35 Per Share, FBR & Co Forecasts

(NASDAQ:IBKC) – Research analysts at FBR & Co lifted their FY2018 … FBR & Co analyst C. Nolan now forecasts that the firm will earn $5.35 per share …. Lenders Title Company, an Arkansas-chartered title insurance and closing
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Carl Icahn Wants to Rehaul America's Banking Regulations

Billionaire investor Carl Icahn targeted environmental and banking regulations on Thursday as big drags on U.S. corporate investment and said
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Trump nominates Mick Mulvaney for director of the Office of Management and Budget

President-elect Donald Trump announced earlier this week that he selected Rep. Mick Mulvaney, R-S.C., for director of the Office of Management and
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SELLING POINTS: Partners make a push into Long Island office market

Financing for the acquisition was obtained through Wells Fargo Bank, N.A., which provided first mortgage financing. Terry Livingston and Jeffrey Schor
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Insurance companies shed CMBS, shift to direct lending

Insurance companies shed CMBS, shift to direct lending. Holdings of US CMBS at the largest life insurance companies have dropped in recent years,
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Housing prices around Tampa continue to rise

The latest real estate report shows housing prices around Tampa are … knock on doors to get to buyers selling their homes before they hit the market.
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People Movers of the Week: Dec. 23

… industry experience, and prior to joining Bay Equity, she was a senior loan officer for over eight years with Prospect Mortgage, also in Walnut Creek.
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Judge issues injunction against real estate company accused of scamming Spanish-speakers

PHOENIX – The state's chief attorney says a group of Arizona-based real estate companies suspected of scamming aspiring homeowners won't be
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Toronto homeowners spending 63 per cent of their income on housing costs

Toronto is inching closer to Vancouver when it comes to house prices — specifically, according to a Royal Bank of Canada (RBC) study, how
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Experienced Lender Joins BankWest Team

BankWest Chairman, President and CEO Charles H. Burke III said Rasmussen not only brings a wealth of lending experience to the bank, but he also
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How Does A Home Equity Loan Work?

How Does A Home Equity Loan Work?

Home equity loans are mortgages. They are secured by your property, and if you don't make your payments, you can lose your house to foreclosure.
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Stock Returns: Investors Title Company (NASDAQ:ITIC) is Beating Heritage Insurance Holdings Inc …

This is a snapshot to compare the stock returns for Heritage Insurance Holdings Inc (NYSE:HRTG) versus Investors Title Company (NASDAQ:ITIC) .
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Westpac Banking Corps Near 6% Dividend Yield

Westpac Banking Corp. (NYSE:WBK), Australia's second largest bank by market capitalization, has a fully franked dividend yield of about 5.8% and is
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Real Estate Closing Coordinator

SetPoint Consultants is national recruitment firm specializing in the Title, Mortgage, Banking, Financial and Customer Service industries. We have a
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Today's Stock Alert: Chemung Financial Corp (NASDAQ:CHMG) Institutional Investors Sentiment …

Chemung Financial Corp (NASDAQ:CHMG) institutional sentiment … commercial, commercial real estate and residential mortgage loans, mainly in its
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Trump, housing and the TSX: BNN personalities weigh in on the most significant stories of 2016

The surprise U.S. presidential victory of Donald Trump and efforts to cool Canada's red-hot housing market were among the most important stories
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Benefit or boondoggle? Housing experts chime in on BC's homeowner loans

VANCOUVER – Economists are panning the British Columbia government's recent pledge to help first-time homebuyers get into the housing market
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2017 Housing Market Forecast

It didn't always feel like it, but 2016 was a pretty good year for the housing market. From Brexit to Trump, there were several surprises, but ultimately,
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Goldman Sachs rolling in the benefits of a Trump administration

Goldman Sachs keeps popping up in the news after Donald Trump's presidential win restarted an age-old tradition of presidents naming Goldmanites
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DBRS Discontinues Ratings on Loans Issued by ABPCI Direct Lending Funding I LLC

DBRS, Inc. (DBRS) has today discontinued the ratings on the Class A-R Loans, the Class A-T Loans and the Class B Loans (together, the Loans)
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Don't Adjust Your Screen, Serious Delinquencies Really Are That Low

The Federal Housing Finance Agency (FHFA) released its third quarter Foreclosure Prevention Report which shows that Fannie Mae and Freddie Mac
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Civil rights groups stand behind CFPB director Cordray

Despite the clear intentions expressed by President-elect Donald Trump to dismantle the Dodd-Frank Act, Richard Cordray, director of the Consumer
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Real estate professionals lost confidence in housing before election

Real estate professionals are feeling less optimistic in the fourth quarter about the economy due rising interest rates, according to the Real Estate
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Real Estate Notes: Village project start could loom

Groundbreaking might loom on a mixed-use development, featuring Marriott's millennials-targeted Moxy hotel, in Hillsboro Village. According to a
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Is the End Nigh? The Bell is Tolling for Banks

As an example, lending, which is a core banking activity, is usually never delivered through the Internet and this means that you invariably have to
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Justice Dept. Sues Barclays Over Mortgage-Backed Securities

The Justice Department on Thursday sued Barclays Bank PLC and several of its U.S. affiliates over the sale of risky mortgage-backed securities.
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Tisco buys SCBT's retail banking unit | Bangkok Post: news

Tisco Bank and its sister firm All-Ways Company have acquired the retail banking business of Standard Chartered Bank Thai (SCBT) in a deal worth
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The week in real estate market reports

According to this week's market reports, Brooklyn is the most unaffordable borough, the Bronx saw a 25.3 percent median price increase in 2016, and
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US sues Barclays over crisis-era mortgage securities

The US Justice Department sued the British financial giant Barclays on Thursday, accusing the bank of massive fraud in the sale of mortgage-backed
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US Justice Department sues Barclays over mortgage-backed securities

The US Justice Department is suing Barclays for allegedly deceiving investors who bought mortgage-backed securities, according to court papers filed
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Family win battle over tracker mortgage rate

Family win battle over tracker mortgage rate

Caitríona Redmond from Balbriggan lost her job during the early stages of the recession and had exited a mortgage arrears resolution process
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DOJ sues Barclays Bank for crisis-era mortgage securities fraud

The United States Department of Justice filed a civil suit on Thursday against Barclays Bank PLC BCS, -1.77% and several of its U.S. affiliates that
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Freddie Mac Confirms Mortgage Rates At 2-Year Highs

Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.30 percent for
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Change Analyst – Mortgages

We need: A Change Analyst in Northampton £24920 – £33227 a year, dependent upon which role and experience, on a 6 months- FTC 35 hour a
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Wintrust Business Lunch 12/22/16 | Chicago's Real Estate Market Booms, Airport Luxury Dining …

Steve begins the show talking with Dennis Rodkin about the strong real estate numbers we are currently seeing in the Chicago housing market.
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The long Peninsula effort for predatory lending reform wins a House of Delegates ally

Del. David Yancey, R-Newport News, has pushed for years – with little success — to crack down on a kind high interest rate credit that can pile
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United states prime lending rate as published by bank of america

United states prime lending rate as published by bank of america Bank Lending Rate in the United States averaged 6.70 percent from 1950 until 2016,
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Vanderbilt Mortgage Shares Mortgage Advice for Self-Employed Home Buyers

MARYVILLE, Tenn., Dec. 22, 2016 /PRNewswire/ — Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, is releasing tips to help
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Veterans First Mortgage Lender Review 2017

Based in Salt Lake City, Utah, Veterans First Mortgage has done more than $21 billion in home loans for more than 100,000 customers — military and
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State rescue of Italian bank Monte dei Paschi is a cathartic release

The impending nationalisation of Italy's oldest bank has been welcomed by bouyant markets as a cathartic release, restoring confidence and opening
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US sues Barclays over alleged mortgage securities fraud

Barclays is being sued by the US Department of Justice over alleged fraud in the sale of mortgage securities in the run-up to the financial crisis, after
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Where Are They Now? Mortgage Rates Respond to Fed Hike

… according to Freddie Mac's Primary Mortgage Market Survey® (PMMS®), with the 30-year fixed-rate averaging 4.30 percent with an average 0.5
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News From NAMB: December 22, 2016

You may have noticed that News From NAMB is not just links to other media stories but also goes to primary sources. News From NAMB is different
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First-time home buyers to see a tough mortgage market in 2017

If you're a mortgage shopper with at least 20-per-cent equity (also known as a “low-ratio” borrower) – you'll pay more interest in 2017. The reason: less
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30-year mortgage rate hits 4.3%, highest in 2 1/2 years

The Mortgage Bankers Association reported a 2.5 percent increase in loan application volume from the previous week. BOTTOM LINE: Assuming a
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Zillow report: Home values growing fastest since 2006

Housing prices in Seattle are sky high — you already knew that. But Zillow's latest report on the matter puts things in perspective: Seattle's growth in the
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Mortgage rates jump to more than a 2-year high after Fed hike

The average rate for a 30-year fixed mortgage was 4.3 percent, up from 4.16 percent last week, Freddie Mac reported Thursday.
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DOJ sues Barclays over faulty RMBS claims

The U.S. Department of Justice sued Barclays for allegedly deceiving investors who bought mortgage-backed securities, as the ripples caused by the
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US Sues Barclays Over Mortgage Securities in Rare Step

The lawsuit focuses on 36 of those securitizations, holding $31 billion worth of mortgage loans. Those securities “proved to be catastrophic failures,”
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US sues Barclays for fraud over mortgage securities

NEW YORK (Reuters) – The U.S. Department of Justice on Thursday sued Barclays Plc for fraud in the sale of mortgage securities in the run-up to the
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Local nonprofits receive funding from new statewide lending program

Local nonprofits receive funding from new statewide lending program

A review team made up of individuals from DEED and external organizations approved the lenders based on eligibility criteria that included the
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Investor Chatter: Tracking Technical Indicators for Real Estate Contacts Inc. (REAC)

The ADX measures the strength or weakness of a particular trend. … trend. The 14-day ADX for Real Estate Contacts Inc. (REAC) is currently at 48.12.
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VP Real Estate Lending

Job Description: Excellent opportunity for a Vice President of Real Estate Lending with one of the strongest financial institutions in the country.
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Italy's banking system may need £50BILLION from country's government if it is to stave off collapse …

Italy's teetering banking system could need almost £50billion to stave off collapse as its government prepares to rescue the world's oldest lender.
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Stock Market News for December 22, 2016

Benchmarks ended modestly lower on Wednesday, thanks to broad based decline in the health care sector. Real estate shares also lost ground a day
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Election, Rate Expectations Dim Real Estate Outlook: Survey

Market production, a leading indicator of real estate market activity that combines title agents and real estate professionals' expectations for changes
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HomeBridge Financial Services Review 2017

In 2014, the company changed its name from Real Estate Mortgage … HomeBridge acquired Prospect Mortgage, another large mortgage lender.
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$10M loan awarded for lending in SD rural communities

As a re-lender, REED will loan funds to applicants primarily for projects in or serving high poverty areas or persistent poverty counties eligible under
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The surprising city that's the most unaffordable in the nation

Manhattan and San Francisco's sky-high real estate prices may make all the headlines, but it's hipster Brooklyn that's the most unaffordable place to
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Traders are Following Technical Levels for Xinyuan Real Estate Co. Ltd. (XIN)

… continue to monitor technical levels of shares of Xinyuan Real Estate Co. … RSI can be used to detect general trends as well as finding divergences
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Investment Banking Summer Internship

Investment Banking Summer Internship. M&T Corporate Finance / Mergers & Acquisitions Group. Baltimore, MD. The Opportunity: This group sources
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Fundation, Citizens Bank to offer small business digital lending

Digital small business lending solutions provider Fundation has partnered with Citizens Bank to offer digital lending to small business owners.
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Is a CA statewide housing market slowdown in the works?

Pending November home sales in California have dropped from October of this year and November of last year, indicating that a statewide housing
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US alleges Barclays mortgage securities fraud

The US Department of Justice is suing Barclays for alleged mortgage securities fraud. It claims that Barclays misled investors about the quality of loans
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How to get a mortgage

Buying a home is likely the biggest purchase you'll ever make. And if you're like much of the population, you'll need a mortgage to make it happen.
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U.S. Sues Barclays Over Residential Mortgage Backed Securities

Barclays Plc was sued by the U.S. Justice Department for allegedly deceiving investors who bought mortgage-backed securities, according to court
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FHA lending violations lead to $93 million fine

FHA lending violations lead to $93 million fine. Charlene Crowell says that for many consumers, a home represents the single largest investment of a
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Commercial real estate's 'best kept secret' to be fleshed out at ACREcon 2017

It's being called the “best kept secret in commercial real estate.” The IRS 170 Exchange, otherwise known as the Bargain Sale transaction, could play
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Toronto-Dominion Bank's Profitability Is Under Fire: Is Now the Time to Sell?

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) has recently announced yet another increase to its borrowing rates, increasing its advertised mortgage
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US sues Barclays for alleged mortgage securities fraud

The U.S. Department of Justice on Thursday sued Barclays for fraud in the sale of mortgage securities in the run-up to the financial crisis. Barclays
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Drop in Moldovan bank lending to private sector slows in Nov- table

Drop in Moldovan bank lending to private sector slows in Nov- table

Private lending in lei fell 11.2% on the year to 21.8 billion lei in November, compared to a 11.6% drop in October, BNM said in a statement.
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Banking Chatbot Val Introduced by Kasisto, Varo Money

Now, a new banking app named Val has been introduced to the world. The bot is brought by Kasisto, a company focused on transforming consumer
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CBE's new mobile banking regulation will create new business opportunities for Egyptian banks …

The Central Bank of Egypt (CBE) has announced the approval of new regulations and customer due diligence procedures for mobile payments by the
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'Sweet deal': Ad for $2000-a-month gingerbread house in Central District is the satire we all need …

You won't find another “sweet deal” like this anywhere in Seattle's red-hot housing market. For $2,000 a month you can rent a “HUGE micro house” in
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Top-Tier US Home Values Lag Behind Rapid Growth

Lumped together, home values across the board rose an astounding 6.5%, the fastest annual pace of appreciation since the heady days before the
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Innovative Lending Platform Association promoting transparency

A representative of one of the founding companies behind the Innovative Lending Platform Association said their efforts are helping consumers make
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Foreclosure Starts Increase 7% in November: Black Knight

Foreclosure starts increased nearly 7% in November from the previous month, but when compared to the previous year, they were down by over 9%,
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Banking troubles

The world's oldest extant bank is approaching the end game. Italy's Monte dei Paschi di Siena (MPS), founded in 1472, has been teetering ever since
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How a tech bust almost killed one of North America's biggest real estate projects — and what saved it

Last week, the Washington chapter real estate industry group NAIOP gave a peek behind the curtain about everything that went wrong with the
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Foreclosures rose in November but are still historically low

Black Knight Financial Services has issued a report on November foreclosures and mortgage delinquencies, showing a slight increase from October,
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How inflation could hit your family budget in 2017

Mortgage rates take their cue from the bond market, and that explains why we saw a small increase in the cost of fixed-rate mortgages in November.
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Georgia credit union lending rises in 3Q

According to Georgia Credit Union Affiliates (GCUA), the state's 114 credit unions saw overall lending increase by 2.5 percent in the third quarter of
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BRIEF-Orascom Construction announces closure of foreign currency financing…

PARIS, Dec 22 French far-right leader Marine Le Pen does not have the funds she needs for her presidential election campaign next year, as banks
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Monte Dei Paschi To Be Nationalised – Now The Real Fun In The Italian Banking System Starts

It looks like what many suspected is about to come true. Monte dei Paschi, the Italian bank and the world's oldest surviving one, has not managed to
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Donald Trump's budget director's Fannie Mae and Freddy Mac bill would socialize risk and …

Mick Mulvaney of South Carolina, sponsored legislation in April that would release Fannie Mae and Freddie Mac from government control — likely
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Four California Mortgage Professionals Become Best Selling Authors with new co-authored book …

Prominence Publishing's new book, “The Mortgage Maze: Navigating Your Way Through Real Estate Financing in Today's Economy” recently
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Affordability Falls to Lowest Level in Eight Years: Attom

… third quarter and down from 116 a year ago to the lowest level since the fourth quarter of 2008, when the national home affordability index was 102.
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What to Expect for Marketplace Lending in 2017

2017 will be a pivotal year for the marketplace lending (MPL) space as the market will seek stabilization in both confidence and venture funding,
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FHFA: Home price increases slow in October

Home prices increased in October, but at a slightly slower pace than September, according to the Federal Housing Finance Agency's monthly House
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Bankrate: Mortgage Rates Hit 27-Month High

NEW YORK, Dec. 22, 2016 /PRNewswire/ — Mortgage rates climbed for the eighth consecutive week, with the benchmark 30-year fixed mortgage rate
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