Investor property lending surges, putting regulators on 'high alert'

Investor property lending surges, putting regulators on 'high alert'

Investor lending accelerated to its fastest growth since the bank regulator APRA imposed tough restrictions to slow down lending at the riskier end of
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A review of things you need to know before you go home on Friday; ICBC raises mortgage rates …

ICBC has raised all its mortgage rates today, including their floating rate … But financing pre-existing dwellings has also been falling in the past four
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Want to start a mortgage company? loanDepot CEO updates thoughts on barriers to entry

SoFi, loanDepot and Quicken Loans sit in a small cohort of lenders known for pushing the envelopment in the mortgage industry and spurring
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San Angelo Bar Lending Aid to Panhandle Fire Victims

SAN ANGELO, TX – If you're looking to help out the folks in the Panhandle following the devastating wildfires this week, Fiddlestrings Bar and Patio in
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Federal Home Loan Bank of Atlanta Declares a 4.77% Dividend for Fourth Quarter 2016

FHLBank Atlanta offers competitively-priced financing, community … FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. … default rates, delinquencies, and losses on mortgage-backed securities;
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Nationstar facing CFPB fine over HMDA violations

When contacted by HousingWire, a spokesperson for Nationstar said that the company will not be commenting beyond what's in the SEC filing.
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On the bull market's 8th birthday, 8 facts to consider

The U.S. housing market was still reeling eight years ago from the collapse of the housing boom and the financial crisis. Home prices tumbled as
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Australia home loans bolstered by recovery in investment lending

Lending for property investment recovered to grow 1.3 per cent month on month, having contracted 1 per cent in December (revised sharper from a fall
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Unions say an uncommon practice that generates billions of dollars for McDonald's leads to higher …

The unions argue that McDonald's real estate business has a trickle down effect on customers and workers. If franchisees are forced to pay more in
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Corporate Real Estate Manager

If you have passion and expertise in MEP, HVAC, building automation systems, real estate, building engineering or construction, Uline is the company
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WA election: Real estate experts tip post-poll property market boost

Acton chief executive Travis Coleman said elections historically had a negative impact on the real estate market as buyers tended to hold off making
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Real Estate Processor Job

The Real Estate Processor serves as the primary point of contact for the mortgage process after the loan is submitted to Fulfillment. With a focus on
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Mortgages are both performing, nonperforming

A portfolio of mortgages are being auctioned off. … Three-quarters of the mortgages included in the portfolio are performing, while the remaining loans
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Hot Market: RealtyShares Crowdfunds $32.5 Million for Midwest Real Estate Projects

RealtyShares, a real estate crowdfunding platform, has published data on real estate projects located in the midwest that have been financed via their
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Millennials want to own homes, but can they afford them?

Most millennials who don't own a home plan to buy one in the next five years. But many of those would-be buyers may not be saving enough for their
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Digital lending changing for the better

Five years from now, the largest companies now operating in the digital lending space might be unrecognizable. The sector is coming off a tough year,
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LendIt Wrap: We're missing the trillion-dollar opportunity in the commercial real estate market

The current buzz in real estate tech is about all consumer and residential-focused products, and a few startups are wondering why there isn't more talk
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HSBC Cleans Up Balance Sheet Further With Sale Of $1.6 Billion US Mortgages To Credit Suisse

In the latest step by HSBC towards winding down its non-core operations in the U.S., the bank has agreed to sell mortgages worth $1.6 billion to DLJ
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One Million Homes Back Above Waterline in 2016

CoreLogic said on Thursday that 48 million homes, about 93.8 percent of those with a mortgage, now have positive equity. Negative equity peaked at
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St. Charles bank CEO among community bankers meeting with Trump

WASHINGTON • Luanne Cundiff, president and CEO of the First State Bank of St. Charles, was among 11 community bank leaders invited to the White
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9/39 Horne Street Elsternwick Vic 3185

9/39 Horne Street Elsternwick Vic 3185

Listed by Beller Real Estate – Prahran. Features: Alarm System, Study, Built-in Wardrobes, Dishwasher, Air Conditioning, Garage Spaces, Balcony.
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19 Archer Road Garfield Vic 3814

Buyers Over $380000. 19 Archer Road Garfield Vic 3814. Listed by First National Real Estate Neilson Partners – Pakenham. Features: Carport Spaces
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Mortgage Document Processor

Description. Randstad is hiring for a MAJOR Financial institution in the Englewood area! Operations Processor 3. Pay: 14/hr. Location: Englewood CO
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Ally Home Loans broadens offerings to include FannieMae HomeReady Mortgage Product

Ally Home Loans, the direct-to-consumer mortgage arm of Ally Bank, announced that it has broadened its product suite with the addition of the
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Fourth DCA rules against Bondi in Broward mortgage-fraud case

PatriciaMazzei In a setback for Florida Attorney General Pam Bondi, an appeals court this week reversed a ruling against a Broward County mortgage
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NEED A TAX DEFERRED 1031 EXCHA…

NEED A TAX DEFERRED 1031 EXCHA… Real Estate classified ad of the Raleigh News and Observer Classifieds. Browse Real Estate classified ads
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WA real estate experts tip post-election property market boost

With a day left until WA heads to the polls to decide who will lead the State, property experts are optimistic of a post-election boost to the market.
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The TPG Specialty Lending Inc (TSLX) Upgraded at TheStreet

TheStreet upgraded shares of TPG Specialty Lending Inc (NYSE:TSLX) from a c rating to a b- rating in a research report report published on Monday.
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There was another surge in lending to Australian housing investors in January

According to the ABS, the value of investor lending surged by 4.2% to $13.784 billion in seasonally adjusted terms, leaving it at the highest level since
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Queensland home owned by family killed in axe attack for sale

This luxury home is on the market for $2.49 million. Source: Realestate.com.au THE multi-million dollar Queensland home of a family killed in axe
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Number of underwater homes plummets in Q4

More homeowners are seeing an increase in equity as home prices continue to rise across the U.S. according to the most recent report from
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Non-major halts overseas lending for low value clients

A note sent out to brokers on Tuesday (7 March) mentioned that tighter lending requirements for overseas borrowers implemented by Australian banks
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Fewer Orlando-area homeowners had underwater mortgages in Q4

Central Florida's housing market tide came up for air at the end of last year with regards to properties with an underwater mortgage, a new report from
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Large Cap Surety & Title Insurance: Fidelity National Financial, Inc. (NYSE:FNF)

Fidelity National Financial, Inc. (NYSE:FNF), from Financial sector has been on the upside of the performance spectrum. Fidelity National Financial
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US real estate ETFs log net inflows of $177.9M in February

U.S. real estate exchange-traded funds logged approximately $177.9 million of net inflows in February, bringing the total assets under management
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Australian Home Loans Rise Unexpectedly in January

Home financing in Australia rose unexpectedly in January, complicating forecasts calling for … Commonwealth is Australia's biggest mortgage lender.
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Court denies motion for small Texas bank to intervene in PHH, CFPB case

State National Bank of Big Spring, Texas hit a major roadblock in its fight against the Consumer Financial Protection Bureau after a judge on Tuesday
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Listen to and learn Real Estate's new single “Stained Glass”

Last we checked in on Real Estate, they were befriending a horse in a music video. While we would have been fine with more equestrian content from
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Investors rule again in property market, housing finance figures show

Investors reclaimed control of the property market in January, according to official housing finance numbers, further explaining why the major banks
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Housing fears confirmed: Trump budget considers $6 billion cut to HUD funding

“I can confirm that the budget negotiations are currently underway,” Brown told HousingWire. “The process is very similar to those that have occurred
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LendingHome Launches the Next-Generation One-Stop Online Mortgage for Digital Natives, by …

LendingHome Launches the Next-Generation One-Stop Online Mortgage for Digital Natives, by …

To fill this gap, LendingHome, the largest, fastest-growing mortgage marketplace lender, today launched the next-generation one-stop online
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Investors Flip for Bigger Gains, Online Lenders Play Growing Role

In the past, “hard money” lenders would charge 12% to 15% for a six- to 18-month loan. But investors are now able to get those loans at 8% to 10%
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I forgot my username and password. how can I reset it if I forgot both of them? pls help – Let TD Helps show you how you can reach your goals.
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Transparency in Student Lending Act reintroduced

As the law currently stands, lenders must disclose the APR before a borrower signs off on a loan. The Department of Education does not provide this
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Stonegate Mortgage Corporation Reports Fourth Quarter and Annual 2016 Financial Results

The decrease in revenues year over year was predominantly the result of decreases in gains on mortgage loans held for sale, loan servicing fees,
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LendingHome targets the consumer mortgage market with loans for first-time homebuyers

San Francisco-based LendingHome has spent the last several years building technology that would help real estate investors get mortgages in what
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Castle & Cooke Mortgage opens new branch on Maui

DRAPER, UT (March 9, 2017) — Castle & Cooke Mortgage, LLC®, one of the nation's leading independent mortgage lenders with locations across
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Stock With Track Record & Analyst Upside: TPG Specialty Lending, Inc. (NYSE:TSLX)

Shares of TPG Specialty Lending, Inc. (NYSE:TSLX) have been experiencing an accelerated earnings and sales growth over the past 5 years.
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Trump, Community Bankers Team up to Boost Lending to Small Business

“So we talked about some of the mortgage rules, we talked about some small business lending rules, which of course are so important to the small
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Stonegate Mortgage Corp (SGM) Announces Quarterly Earnings Results, Beats Estimates By …

Stonegate Mortgage Corp (NYSE:SGM) posted its quarterly earnings results … financing and servicing the United States residential mortgage loans.
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P2P lending changes the finance game

To allay the fears of some when it comes to finances and lending, a new loan method has arrived in the country which promises to be safe, effective,
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Stockland, Mirvac to benefit from tighter APRA lending curbs

Listed developers Stockland and Mirvac could benefit from the bank regulator's increased scrutiny of residential development lending, but smaller
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Hunt Mortgage Group Opens a New Office in Buffalo, New York

NEW YORK, March 09, 2017 (GLOBE NEWSWIRE) — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States
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Ulster Bank announces closure of nine branches

The banks that are closing in October are at Monkstown, Belfast's Boucher Road, Antrim Road, Woodstock Road, Newtownbreda, Bangor Main Street,
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Ontario reconsidering foreign buyers' tax to cool housing market

TORONTO – Ontario's finance minister says he is re-thinking a foreign buyers' tax as one possible option to cool the housing market. The average
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Melbourne autumn market still hot ahead of holiday break

The Melbourne home auction market has commenced autumn with yet another strong result for sellers ahead of the pause in activity this Saturday due
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Small Down

We are open to an FHA mortgage, but our lender says we also should look at some new mortgages with 3 percent down. What's the difference
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Credit availability keeps on improving: MBA

Mortgage credit availability went up yet again in February amidst an expansion in access to government loans, according to the Mortgage Bankers
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Title Company Need Processor with Experience.

TITLE COMPANY PROCESSOR We are looking for a person that has 5 years or more of experience in processing title files, we need references of
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POCONO MTS LANDS Up to 1 Acre

POCONO MTS LANDS Up to 1 Acre … Real Estate Sale classified ad of the NY Daily News Classifieds. Browse Real Estate Sale classified ads and
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Banker Praises SBA 7(a) Program in Congressional Testimony

Banker Praises SBA 7(a) Program in Congressional Testimony

Ted Ashby, president and CEO of Surrey Bank and Trust in Mount Airy, N.C., also offered several suggestions for strengthening the 7(a) program.
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Mortgage Rates Rise To Highest Of Year

Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.21 percent for
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Trump pledges to ease regulations of community banks

President Trump met with nearly a dozen community bankers on Thursday, pledging to ease regulations the industry says has stifled its growth.
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CMA pushes for bonds and shares lending rules

Securities lending is the act of loaning a stock, derivative or other security to an investor or firm. It requires the borrower to put up collateral whether
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Freddie Mac: Mortgage rates follow Treasury yield for first time in 2017

“The 10-year Treasury yield rose about 10 basis points this week,” Freddie Mac Chief Economist Sean Becketti said. “For the first time in weeks, the
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Google Wins 'Best Company To Work For' Title In Fortune 100 Ranking, Apple Fails To Feature

For the sixth consecutive year, Google has earned the title of “world's best company to work” in a ranking bestowed by Fortune under Fortune 100 list.
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Bid to change loan services

Carilend Ltd officially launched its peer-to-peer (P2P) lending website last week, introducing a process that matches lenders (who can lend from $2
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Housing Market's Lost Generation Is Finding Its Way Back Home

But they're finding their way back into the housing market, says a new survey, while buying bigger dwellings than any other age group and grabbing
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Boston Offers Critical Lending to Minority-Owned Small Businesses

Last week, Boston Mayor Marty Walsh announced the creation of a new Business Capital and Finance Unit, to “prioritize small business lending in
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10 Celebrity Homes You Can Own Right Now

Existing home sales in January increased 3.8% from the same time last year. The median existing home sale price of $228,900, meanwhile, is up
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Bank lending to the agricultural sector – legal tips for borrowers

In recent years, the rise and rise in agricultural property values has created a solid base on which banks have been able to secure their lending to
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When Is a Variable Rate Mortgage a Good Idea?

ARMs tend to increase in popularity when mortgage rates are low and are … “We do portfolio lending which is adjustable rate,” says Gendels. “That's
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Urban Outfitters' CEO says the US retail bubble is bursting, just like housing in 2008

It's not a good sign for retail when a top executive in the industry compares things to the 2008 housing-market collapse that plunged the US economy
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Stronger housing market floats all boats; fewer Colorado Springs homeowners underwater, report …

Fewer Colorado Springs homeowners are underwater on their mortgages, thanks to a stronger economy and improved housing market, a report
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Global markets: CDN housing prices rise

The New Housing Price Index (NHPI) edged up 0.1 per cent in January compared with the previous month. The increase was largely attributable to
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Buy Vs. Rent Index Stable, Except Where It's Not

Rising rents and narrowing spreads between the cost of ownership and the cost of renting are making this a good time to buy a home in most cities in
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China new bank lending picks up sharply in February

Bank lending in China ramped up significantly in February, in a positive sign for the economy, but some economists expected higher financing costs
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Litigation funder offers lending package for court fees

A litigation funder says it has created a 'unique' service helping to finance court fee costs. SpectraLegal Ltd, formed by Canadian financier BridgePoint
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Stonegate Mortgage Corporation (NYSE:SGM) Files An 8-K Results of Operations and Financial …

The news release of Stonegate Mortgage Corporation (the “Registrant”), dated March 9, 2017, announcing its fourth quarter and annual 2016 financial
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Diversity and competition reign supreme – Specialist Lending Senate round-up

Although there is always a buzz around lenders and advisers that venture to be different, the industry still underdelivers on innovation. The innovation
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Freddie Mac Considers Backing Single-Family Home Rentals

Freddie Mac Considers Backing Single-Family Home Rentals

Freddie Mac is considering backing loans that finance single-family rental homes for the first time, mirroring a controversial transaction that Fannie
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File:Lending Club Corporate Logo.svg

Media data and Non-free use rationale. Description, The SVG image is placed in the infobox at the top of the article discussing Lending Club.
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Mortgage rates jump to 4.21%

The Mortgage Bankers Association reported a 3.3 percent increase in loan application … Contact mortgage broker Jeff Lazerson at 949-334-2424,
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6000 fewer homes underwater in Sarasota-Manatee

A total of 15,334 residential properties — or 8.6 percent of those with mortgages in the Sarasota-Manatee region — owed more on their loans than the
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Top Picks in Mortgage REITs as Rates Rise

Volatility has declined so far in the first quarter providing a favorable environment for the mortgage real-estate investment trusts to deliver an attractive
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Saturday banking service offers loans and insurance

IN line with its commitment to excellence in service delivery, BSP will now enhance its Saturday banking services to also offer life insurance cover to
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New platform provides faster, safer mortgage trading

Launched by mortgage and technology services provider Altisource at the recent Lenders One winter conference in Florida, noteXchange is a modern
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US mortgage rates spike ahead of Fed meeting

According to Freddie Mac, 30-year fixed-rate mortgages now ask 4.21 percent per year on average, up from 4.1 percent a week ago. The rate for
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Mortgage Rates Hit 2017 High

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in
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Mortgage Rates Are On The Rise

Not surprisingly, the expectations for a rate hike — if not several this year as some have speculated — has already had an impact on mortgage rates.
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News Recap: Lakeland Bancorp, Inc. (NASDAQ:LBAI) , Workiva Inc. (NYSE:WK)

… and accounts receivable financing, real estate construction loans, mortgage loans, commercial real estate loans, commercial and industrial loans,
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NatWest Intermediary to enter Northern Ireland market

Graham Felstead, head of intermediary mortgages, NatWest Intermediary Solutions, said: “This is a positive move for brokers in Northern Ireland as we
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Leading stocks in today's market: Fidelity National Financial, Inc. (NYSE:FNF)

With its market value over its outstanding shares, Fidelity National Financial, Inc. (NYSE:FNF) Surety & Title Insurance has a market capitalization
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Renting right now is less risky than buying in Denver's volatile housing market

Denver is one of three metros where home prices have risen so quickly that renting a home carries lower risks going forward than buying, according to
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Chifley Securities thanks APRA for 140% lending surge

Non-bank lender Chifley Securities says its record growth over the last 12 months has been the direct result of tighter regulatory conditions on
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Bill targets high payday lending rates

COLUMBUS (WSYX/WTTE) — When someone needs a little extra cash before payday they'll often hit up a payday lender, but the interest rates can
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Credit Officer

Learn more about applying for Credit Officer – Business Banking at Santander Bank.
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Treasury to craft tax rules for securities lending and borrowing

The Capital Markets Authority (CMA) is working on a tax framework for securities lending and borrowing that will ensure the product will not distort
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Real estate notebook: Research firm sees threat to new home market from high land prices

Metrostudy's fourth-quarter survey of the Twin Cities housing market confirms it. The national real estate research group said the median price of a
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Midday Update: Averages Stay Above Water As Banking Sector Gains Offset Losses in Oil

Banking stocks were getting a boost from statements out of the European Central Bank downplaying the urgency for further monetary accommodation,
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Manager Digital Banking

Manager Digital Banking

Management, At Heritage Bank we are passionate about helping people and have an established service based philosophy that defines the way we
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Profile: Atom Bank's Maria Harris on shaking up mortgages

Maria Harris, Atom Bank director of retail mortgages, thought she had said goodbye to the banking sector for good, in favour of the cosy world of
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Texas Housing Market Soars to New Highs, Pricing Out Many

Texas Housing Market Soars to New Highs, Pricing Out Many. Michael Weiss, Pia Orrenius and Laila Assanie. ABSTRACT: Texas' low cost of living
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Gen Xers have come back to the housing market

The National Association of Realtors (NAR) recently released the results of its annual Home Buyer and Seller Generational Trends Survey, which
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Mortgage applications rose by 3.3%

Mortgage applications rose 3.3% on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association's weekly
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Stocks to Track: Morgan Stanley (NYSE:MS) , Fidelity National Financial, Inc. (NYSE:FNFV)

… commercial and residential mortgage lending, and asset-backed lending; financing for equities and commodities customers; loans to municipalities;
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Mortgage Rates Thursday, March 9: Setting 2017 Highs; Millennials Make a Move

Thirty-year fixed, 15-year fixed and 5/1 ARM rates all moved higher again today, according to a NerdWallet survey of current mortgage rates published
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The Brokerages Set Western Asset Mortgage Capital Corp (WMC) Target Price at $10.25

Western Asset Mortgage Capital Corp (NYSE:WMC) has received a … investment trust focused on investing in, financing and managing a portfolio of
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Decoding Draghi: So when will mortgage rates rise?

This will come as a relief to those on tracker mortgages, which move in tandem with ECB rates. Standard variable rates could also start to edge up
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Oregon lawmakers look to rein in massive mortgage interest tax break

SALEM — Lawmakers are looking to trim the popular mortgage interest deduction that gives more than a half-million Oregon households a break on
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CUNA pushes for improvements in govt-guaranteed lending

CUNA encourages Congress to improve credit unions' ability to offer SBA 7(a) loans, as well as other government guaranteed loans, CUNA
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GSF Mortgage Adds 10 to Its New Akron Office

GSF Mortgage Corp. has announced the addition of its new Akron, Ohio office. The new team expands GSF's footprint in the Midwestern market, and
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Pushing Back on Skyrocketing Housing Prices in Toronto

The waterfalls are also three times taller, because the average cost of housing has skyrocketed by nearly half a million dollars in the GTA. Homes are
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Successes & Challenges for CUs Using SBA's Loan Programs

On Thursday, Randolph-Brooks Federal Credit Union's executive vice president/chief lending officer, Sonya McDonald testified on behalf of NAFCU in
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Scaring! As US Dollars Shortage Hits Commercial banks

Several banking institutions that were toured by our staff on assignment to ascertain the actual facts surrounding this situation, discovered that at some
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US 30-Year Mortgage Rates Jump to 2017 High Before Fed Meeting

U.S. mortgage rates rose, sending costs for 30-year home loans to their highest level this year before the Federal Reserve meets to consider an
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Key rates move up ahead of Fed meeting

Key mortgage rates jumped up ahead of Friday's jobs report and next week's meeting of the Federal Reserve, Freddie Mac reported. Through
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Mortgage Lenders Improve Equity Positions

As the nation's book of mortgages grew, home lenders improved their equity position on a year-over-year basis. Negative equity diminished.
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NEDA Thanks Kesha for Lending Her Voice to #NEDAwareness Week

The National Eating Disorders Association (NEDA) thanks singer-songwriter Kesha for sharing her powerful story of recovery and lending her voice to
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Breaking Through SDQ It Takes a Village

Freddie Mac reached a major milestone thanks to our Servicers and their diligent work with borrowers. In our January 2017 Monthly Volume Summary
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HSBC continues cutting US mortgage business with $4.9B loan sale to Credit Suisse

HSBC continues cutting US mortgage business with $4.9B loan sale to Credit Suisse

HSBC's reduction of its U.S. mortgage business, which began way back in 2008, took another big step forward recently, as the company announced
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Myanmar starts first audit of state-owned banks in decades

BANGKOK • Myanmar is embarking on the first comprehensive audit of state-owned banks in decades, part of a push to modernise the financial
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5-year mortgage rate rises – here's how to beat it

Years of mortgage rates continually falling to record lows means that borrowers have never had it better – they can get a low-cost mortgage deal and
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Mortgages sell-off to vulture funds – Finance Minister should just say 'no'

THOUSANDS of families struggling to pay their Permanent TSB mortgage face the prospect of waking up to a letter telling them that they are now at
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6 Steps to Check Before Refinancing Your Mortgage

Refinancing your mortgage might save you tens of thousands of dollars — or it might be a waste of time and money. Here's what to consider as you
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Average US 30-year mortgage rate rises to year-high 4.21 pct

WASHINGTON — Long-term U.S. mortgage rates rose this week, marking new highs for the year. An increase in a key interest rate is expected by the
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Sad but true: Prudent savers are getting hit with the highest mortgage rates

The pricing of mortgages these days has been affected in surprising ways by regulatory changes intended to cool the housing market. For example
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Ontario reconsidering foreign buyer tax to cool housing market

In Ontario, the housing market has been heating up not just in Toronto, but across the whole Golden Horseshoe — the area surrounding the Great
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Flexiti Financial wins LendIt Award for "Emerging Consumer Lending Platform"

NEW YORK, March 9, 2017 /CNW/ – LendIt, the world's largest conference in lending and fintech, announced that Flexiti Financial has been named the
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Real Estate Advice: The costs of 'no cost' mortgages

A: A no-cost mortgage is a mortgage in which the lender either waives or pays all fees connected with the loan with some exceptions, which I will
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We Must Call Governments Out On This 'Game Of Homes'

After observing and researching housing markets and housing policy for the past 20 years, my conclusion is that the default position for many modern
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UPDATE 1-US 30-year mortgage rates highest since December – Freddie Mac

(Add quote, table, graphics) NEW YORK, March 9 U.S. 30-year mortgage rates rose to their highest since late December, in line with a spike in
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Buy-to-let rates fall to record low, giving landlords 'breathing room' as hit to tax relief on mortgage …

The average two-year fixed rate buy-to-let mortgage rate fell to 2.76 per cent in February – lower than the 2.82 per cent recorded in January. The latest
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Local Mortgage Market Flat in February

Shelby County's mortgage market had something of a Goldilocks' porridge moment in February – neither hot nor cold, but essentially on par with
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Fewer CT, Hartford homeowners underwater

About 8 percent of Greater Hartford homeowners owed more on their mortgages than their homes are worth in the fourth quarter of 2016, down nearly
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MBA: Mortgage App Volume Rises 3.3%

The Market Composite Index, a measure of mortgage loan application volume, increased by 3.3% on a seasonally-adjusted basis from one week
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Ontario weighing foreign buyers' tax to cool housing market

TORONTO (AP) – The finance minister of Canada's most populous province is re-thinking a foreign buyers' tax as one possible option to cool Toronto's
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Mortgage rates jump to 2017 high

The 30-year fixed-rate mortgage averaged 4.21%, up 11 basis points during the week. The 15-year fixed-rate mortgage averaged 3.42%, up from
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Fight Big Banks Locally

A simple Google search reveals a number of sites with accurate reporting of pipeline investors. It's possible your banking institution is mired in these
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'Tis The Season – To Pay Your Mortgage?

In its most recent Mortgage Monitor, Black Knight Financial Services dug deeper into a topic it had raised in an earlier edition, the seasonality of
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Is it OK for lending algorithms to favor Ivy League schools?

Is it OK for lending algorithms to favor Ivy League schools?

But the way some online lenders go about deciding to whom they will lend flies in the face of this premise. Their underwriting relies heavily on where
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Kentucky Housing Corporation recognizes state's top lending partners

Kentucky Housing Corporation (KHC), the state housing finance agency, recognized its 2016 top lending partners at the 12th annual Lender
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Labour, housing markets see weak 2016 in St. John's

Take-home pay for residents living in and around St. John's grew by the smallest amount in 2016 of any year since 1997, according to an economic
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This Sterling-based micro-lender helps the world's poor and needy

A micro-lending platform pioneered by a Sterling-based woman that offers low-cost loans to those living in some of the poorest parts of the world is
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US 30-year mortgage rates highest since December – Freddie Mac

NEW YORK, March 9 (Reuters) – U.S. 30-year mortgage rates rose to their highest since late December in line with a spike in Treasury yields due to
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Today's Mortgage Rates Pressured By The Fed, Hot Job Market

Freddie Mac, in its weekly survey of more than 100 lenders nationwide, reported the average thirty-year rate jumped 11 basis points (0.11%) to 4.21%
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Ulster Bank to close nine branches across Northern Ireland

Sean Murphy, Managing Director, Personal Banking, Ulster Bank in Northern Ireland said: “Banking has changed radically in recent years. More and
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Ontario reconsidering a foreign buyers' tax to cool housing market

Ontario's finance minister says he is re-thinking a foreign buyers' tax as one possible option to cool the housing market. The average price of homes
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Foreign buyers push up global house prices

That helped push prices in the country up by 13% over the past year, to lead The Economist's latest tally of global house-price inflation (see table).
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Freddie Mac (FMCC: OTCQB) | Mortgage Rates Hit 2017 High

MCLEAN, VA–(Marketwired – Mar 9, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®
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ICYMI – China February lending growth slows a little

Its suggestive of at least some sort of slowing in shadow banking activity and mortgage lending. This apparent moderation of credit growth is what
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30-year mortgage rate reaches new high for the year

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to its highest level of the year, 4.21 percent with
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Mortgage rates hit 2017 high in Freddie Mac survey

Average 30-year fixed mortgage rates hit their highest levels of the year in the latest Freddie Mac survey after declining during the previous three
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Average US 30-year mortgage rate rises to 2017 high

Freddie Mac said Thursday the rate on 30-year, fixed-rate loans climbed to 4.21 percent from 4.10 percent last week. The rate on 15-year mortgages
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Freddie Mac: Mortgage Rates Saw Significant Jump

“The 10-year Treasury yield rose about 10 basis points this week,” says Sean Becketti, chief economist for Freddie Mac. “For the first time in weeks, the
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LoanLogics releases new version of loan management platform

… Quality Management platform allows lenders to “to create, monitor and report on the results of action plans required by Fannie Mae and Freddie Mac
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NAFCU testifies on SBA lending, CUs' value to small biz before congress today

WASHINGTON, DC (March 9, 2017) — Randolph-Brooks Federal Credit Union Executive Vice President and Chief Lending Officer Sonya McDonald
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US 30-year mortgage rates highest since December: Freddie Mac

U.S. 30-year mortgage rates highest since December: Freddie Mac … Reserve will raise interest rates next week, according to Freddie Mac (FMCC.
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Ulster Bank to close nine branches in Northern Ireland

Ulster Bank is to close nine of its 64 branches in Northern Ireland from October. The bank said it has made the decision because more of its customers
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Bill Gross Calls Out Banking System Margin To Equity Ratio

Recently I also explored with them the concept of financial leverage – specifically that of fractional reserve banking, which has been the basis of credit
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Stocks to Track: Wells Fargo & Company (NYSE:WFC) , StoneMor Partners LP (NYSE:STON)

Stocks to Track: Wells Fargo & Company (NYSE:WFC) , StoneMor Partners LP (NYSE:STON)

… Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,600 locations, 13,000
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For Consumer

Q2's platform gives you all the consumer banking solutions you need in one place. That means a single admin console for your back office, helping
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UK banks boost profits by selling UK loans to foreign lenders

“All banks are being forced to rationalize with such intense scrutiny on balance sheet. They are facing inevitable questions on why they're lending and
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fees

i have a joint savings account and I'm being charge $5 maintenance fee why so…? – Let TD Helps show you how you can reach your goals.
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China February lending slows, but worries on debt load will remain

The February money data released on Thursday contained encouraging signs, as shadow banking activity and mortgage lending shrank from the
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Blustream Lending Expands to East Coast

This move brings the total number of states serviced by Blustream Lending to eight, covering over 30 percent of the U.S. population. In addition to
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Canadian new home prices rise in January, lifted by Toronto market

Canadian new home prices edged up at the start of the year, driven again by higher prices in the hot Toronto market, data from Statistics Canada
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LendingHome Debuts One-Stop Online Mortgage for First-Time Homebuyers

Marketplace lender, LendingHome, announced on Thursday it has launched its next-generation one-stop online mortgage that is designed specifically
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Marcie Geffner: 7 crucial facts about FHA loans

Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan. Because of that
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CardValet

Safeguard your information with CardValet, the mobile app that lets you deactivate your Kentucky Bank debit and credit cards when you don't need to
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Hawaii Kai

Bank of Hawaii's new Hawaii Kai branch opened on 3/6. Designed to better serve you, our branch of tomorrow is located at Koko Marina Center, 7192
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UPDATE 1-Canada new housing prices rise in Jan, lifted by Toronto

UPDATE 1-Canada new housing prices rise in Jan, lifted by Toronto … Housing activity in the once red-hot market began to cool last year, even before
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Investors double commitments to Dutch corporate lending fund

The Dutch Investment Institution (NLII) said new commitments during a second funding round doubled the assets in its corporate lending fund (BLF) to
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Mortgage rates increase for Thursday

Mortgage rates change daily, but they remain much lower overall than they … These types of loans are best for those who expect to sell or refinance
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AmEx's Lending Push Goes Beyond Cards

American Express Co. is pushing into the booming personal-loan business despite investor worries that an expanding roster of lenders may be getting
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Housing Market In Calgary On The Road To Recovery

Calgary real estate market is on the road to recovery, as the sales of detached homes show to be coming up with signs of improvement. In February
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Dr. Erick Hall Sr. PhD, known in the mortgage industry as “The Loan Doctor” has helped thousands …

Dr. Erick Hall Sr. PhD, a.k.a. the loan doctor (NMLS #1439746) has made homeownership easy by helping more than 4,000 customers since 2001
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Stonegate Mortgage Corp (SGM) Releases Earnings Results, Misses Expectations By $-0.16 EPS

Stonegate Mortgage Corp (SGM) announced its most recent quarterly financial results on Thursday, Mar-9-2017. SGM reported $0.06 earnings per
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JG Wentworth® Inducted Into 2017 Ellie Mae® Hall of Fame

“We are honored and excited to be the first mortgage lender to ever receive the prestigious Ellie Mae President's Award for Encompass Excellence,
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UPDATE 2-China Feb lending slows, but worries on debt load will remain

BEIJING, March 9 China's new loans fell sharply in February from … as shadow banking activity and mortgage lending shrank from the previous month
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6 constraints on new home construction

6 constraints on new home construction

More consumers are looking to buy a home than ever before, according to recent data from Redfin. And while new home sales are indeed picking up
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More retail banking shakeup at Wells Fargo

While the bank has taken steps to rebuild trust with customers and employers, there is still more work to do, says Mary Mack in a memo to employees.
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Senate Banking Panel Advances Series of Deregulatory Bills

WASHINGTON—The Senate Banking Committee approved a series of modest, bipartisan bills aimed at making it easier for companies to grow and
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CCCTC students visit banks

Pictured above from left are: Keilynn Vines, student, Ms. Linda F. Thomas, teacher, and Courtney Holloway, student at Compass Bank in Auburn.
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Innovation and commercial banking

A conversation about commercial banking, however, cannot occur without a discussion on the issue of technological innovation, and moreso since
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Brexit to drive corporate banking shake up

Saxo Payments says the UK's exit from the European Union could have a devastating impact of bank-to-corporate relationships, with one-third of
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Wrap up your banking before Holi weekend: Indian Banks Association

MUMBAI: The Indian Banks' Association, an industry body, has appealed the public to complete their branch banking needs on Friday as commercial
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Fidor to provide mobile and desktop banking for Van Lanschot in the Netherlands

Fidor, the innovative provider of digital banking solutions that helps firms launch and run their own digital banks, today signed a partnership
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Ulster Bank shutting nine branches across Northern Ireland and cutting jobs

Banking has changed radically in recent years. More and more of our customers are using digital technology and fewer are using our branch network.
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Wells Fargo demotes senior executives in retail banking unit

Wells Fargo & Co. has taken further steps to restructure its retail banking business, demoting some senior executives within the bank, the Wall Street
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Lloyds closes last bank left in St Blazey for good and residents are very upset about it

Lloyds has closed the last bank left in St Blazey despite a petition by local residents to keep it open. More than 390 people campaigned to keep the
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Al Etihad Leasing Company completes tech project with ICSFS

Al Etihad Leasing Company, a new venture launched by Jordan-based Bank Al Etihad (formerly Union Bank), has completed its technology set-up.
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ABA Officers, Leaders Meet with Trump at White House

Six of the American Bankers Association's community bank leaders met with President Trump at the White House this morning for a “listening session”
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Mobile banking services for North-east 'not cost-effective' says Clydesdale Bank

In a letter from Clydesdale Bank in response, the firm said they did not believe a new mobile service would be “cost effective” and would “add little to
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Securities Lending Business Analyst

Securities Lending Business Analyst job in Boston, MA State Street – You will compile, organize, and maintain information from around the firm to be
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New hires, promotions, and a new bank branch in Greater Portland

O'Coin brings more than 10 years of commercial banking experience serving Maine and New Hampshire clients. Before joining Key, he served as a
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Wells Fargo shakes up retail banking unit

Wells Fargo & Co. took further steps this week to restructure its retail-banking business, even as the firm continues digging into the causes of its
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A&O Boosts Paris Banking Team With New Partner Hire

Driss Bererhi, whose focus is on banking and financing law in the infrastructure and energy sectors, is one of the most recognized and well-regarded
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Trump Promises Community Bank Chiefs He Will Ease Regulations

President Donald Trump assured a group of U.S. community bank executives he'll deliver regulatory changes that will make it easier for them to lend
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Senate Banking Committee to tackle capital formation

enate Banking, Housing and Urban Affairs Committee Chairman Sen. Tim Johnson (D-SD) (L) with ranking member Sen. Mike Crapo (R-ID).
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