Singapore Feb bank lending rises to S$627.4 bln, up 1.7 pct m/m

Singapore Feb bank lending rises to S$627.4 bln, up 1.7 pct m/m

Singapore Feb bank lending rises to S$627.4 bln, up 1.7 pct m/m … in February rose as lending to financial institutions, general commerce as well as
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APRA hits brakes on interest-only lending

APRA has told lenders to limit interest-only loans to 30 per cent of new residential mortgages and is prepared to take more action to address housing
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Thinking hats on: It's Real Views quiz time

We like a good trends story on Real Views. Luckily, the global real estate industry has obligingly provided us with plenty of them in the first quarter
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U.S. Bancorp Fund Services president Joe Redwine to retire, Joe Neuberger named successor

U.S. Bancorp Fund Services has announced that its president, Joe Redwine, is retiring at the end of July. He will be succeeded by Joe Neuberger,
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Mobile Lending Managers, Multiple roles (NSW)

Mortgages, Mobile Lending jobs with a leading Big Four Bank. Multiple roles available across Sydney. Competitive package.
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Here's Why the Best Is Yet to Come for Home Depot Inc

Home Depot stock has soared since the recession, up more than 700% since the market's bottom in 2009. The housing market has steadily recovered
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Singapore bank lending in Feb grows at strongest pace since Nov 2013: MAS

Singapore bank lending in Feb grows at strongest pace since Nov 2013: MAS

BANK lending in Singapore in February gained from the month before at the strongest pace since November 2013, preliminary data from the Monetary
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Ben Carson in Dallas: HUD's mission is about more than housing

Department of Housing and Urban Development Secretary Ben Carson brought his listening tour to Dallas on Thursday, spending part of his day at
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APRA's Wayne Byres makes wise move on lending but at a cost to the bank sector

APRA has moved to tighten the rules around bank lending for investor purposes. This takes us back towards the old, post-war regulation of banks
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Housing teetering on the edge of unaffordable

During the last housing boom, home prices were artificially driven up by loose lending and appraisal standards. That is not the case this time.
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APRA's moderate approach in home lending crackdown

The banking regulator has opted for a more moderate approach to its latest crackdown on property lending which leaves the major bank's existing
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APRA's lending limits 'weak'

APRA's lending limits 'weak'

Tighter rules on home lending announced on Friday are “weak” and will do nothing to stop runaway price growth in Sydney and Melbourne, according
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Toronto considering taxing vacant homes in bid to cool red-hot housing market

Toronto Mayor John Tory is asking city staff to investigate the impact of taxing homes that sit vacant as a way of making more homes available and
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Banking regulator tightens lending clamps

THE banking regulator has imposed new limits on interest-only mortgage lending as it tries to reduce risk in the Sydney and Melbourne housing
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Australia's prudential regulator tightens mortgage lending rules

Australian regulators are introducing a new suite of macroprudential rules to target risky lending by banks, as they seek to cool fast rising house prices
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Kotak Mahindra Bank's zero-balance strategy is all about data science. Because smart is the new big

Uday Kotak's bold announcement on Wednesday to launch zero-balance services from Kotak Mahindra Bank's app to double its customer base in 18
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Policy consistency could stabilize property market

The measures have been introduced against the backdrop of continually rising housing prices since October, even after many cities initiated a spate of
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Agricultural Bank of China beats expectations on cost savings

Agricultural Bank of China saw its net profits rise by 1.8 per cent in 2016, beating analysts' expectations, the third state owned Chinese bank to do so
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Bid to curb property investor loans

A MAJOR crackdown by the banking regulator will see stricter rules imposed on investor lending and tough limits on interest-only lending for
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Invesco Mortgage Capital Inc (IVR) Insider David B. Lyle Buys 4600 Shares

Shares of Invesco Mortgage Capital Inc (NYSE:IVR) traded up 0.26% during … MSI Financial Services Inc increased its position in Invesco Mortgage
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What will the APRA mortgage lending restrictions mean for borrowers?

These restrictions mean banks must restrain lending in “high risk” sections of their portfolio, such as investment loans, loans with high LVRs or
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Northern Front Range is an epicenter of rising home unaffordability

“Denver is experiencing the growing pains of transitioning from a typical Midwestern, meat-and-potatoes housing market to a West Coast-style trophy
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Final GDP estimate comes in higher for fourth quarter

The final estimate for real gross domestic product increased in the fourth quarter, according to the Bureau of Economic Analysis. GDP increased at an
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APRA puts cap on interest-only mortgages

APRA said lenders must also place strict internal limits on the volume of interest-only lending at loan-to-value ratios (LVRs) above 80 per cent, and
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Article 50 may be huge for UK but housing market stays calm

Article 50 may be huge for UK but housing market stays calm

The triggering of Article 50 may have been regarded as a historic event but it appears to have left the housing market largely untouched.
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ATTOM: First quarter sees lowest home affordability since 2009

Affordability slipped below historical averages in 25% of housing markets in the first quarter of 2017 according to the Q1 2017 U.S. Home Affordability
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Mortgages beyond Sydney and Melbourne will pump up flat housing market

Mortgages beyond Sydney and Melbourne will pump up flat housing market. This content requires an active Banking Day subscription. Login below or
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Making Use Of Mixed-Use Development

Commercial real estate trends encourage the combination of residential, … Park was a significant, trend-setting mixed-use project in the Twin Cities.
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Croatia's c-bank chief says banking system to stay stable despite Agrokor's financial problems …

ZAGREB (Croatia), March 29 (SeeNews) – Croatia's central bank governor Boris Vujcic said on Wednesday the banking system is strong enough to
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Banking : HFC Bank wins most successful Change Management Award

HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has been awarded the Most Successful Change Management Program at the
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APRA clamps down on interest-only mortgage loans

Interest-only lending represents nearly 40 per cent of the stock of residential mortgage lending by banks, which APRA said is “quite high” by
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CU Direct Announces Dynamic Speaker Line-Up For Its Drive '17 Lending Conference …

Financial Lending, Automotive and Marketing Experts to Provide Credit Unions with Strategies for Success in Growing Competitive Marketplace.
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How the Brexit Is Already Taking Its Toll on Goldman Sachs, JPMorgan, Other Big Banks

In the event that the U.K loses its financial services passport, overseas banks will face a choice between an all-out exit from the U.K. or the so called
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John Tory floats notion of Toronto vacancy tax to curb speculators

The idea comes amid continued warnings that Toronto's real estate market, where the average price of a detached single-family home is $1.6-million,
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As thousands of houses became rentals, a new tenant found a landlord right next door

While the housing market was crashing and Jim Smith was losing his Cathedral City house, his neighbor was looking for an investment. Jack Faust
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VIDEO: Building the foundation of a house-buying budget requires resisting temptation

John DeRose, who oversees Vancity's mobile mortgage specialists, says people paying $1,500 a month in rent can't necessarily afford a monthly
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Property price softening bad news for supply

Property Institute of New Zealand Chief Executive Ashley Church says that recent indications of price softening in the Auckland housing market are
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CityScape annual real estate conference kicks off Wednesday

CityScape annual real estate conference kicks off Wednesday

CityScape's annual real estate conference kicked off on Wednesday under the … Ninety major real estate developers in Egypt will be participating in the … Talaat Mostafa Group Holding, Tatweer Misr, Trends Real Estate, and Wadi
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HousingWire Names Mortgage Capital Trading a 2017 HW TECH100™ Technology Provider for …

“We're elated to be recognized by HousingWire as a top 100 mortgage technology firm,” said Curtis Richins, president of MCT. “We have developed a
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CU Direct Announces Dynamic Speaker Line-Up For Its Drive '17 Lending Conference

In its nineteenth year, Drive '17 is expected to welcome more than 500 credit union lending and marketing attendees to the Cosmopolitan at Las
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Here are the 25 markets with the biggest rent hikes

The latest list is out on the top 25 rental markets with the highest returns. Interestingly enough, this time around the list doesn't feature the usual
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Document Preparer Opportunity in Houston with National Title Company Jobs in Houston, TX

Document Preparer Opportunity in Houston with National Title Company. Contract-to-perm opportunity with initial 6-month contract at $12.65/hr.
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Capital Economics: Will President Trump's regulation changes boost housing starts?

Given the recent drought in housing inventory across the nation, the industry welcomed the recent news that homebuilder confidence surged in March
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Aussie regulator heightens oversight of banks' interest-only mortgages, property investor lending …

In a widely anticipated move, the Australian Prudential Regulation Authority (APRA) is tightening the leash on banks' residential mortgage lending.
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Zillow launching RealEstate.com, new site focused on Millennials

Zillow Group, an online real estate company, is set to launch its latest real estate website: RealEstate.com. The website will launch in May 2017 and
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The downside to Auckland's cooling property market

Auckland's cooling housing market will provide little relief for first home-buyers as interest rates are tipped to rise, amid an estimated 40,000 property
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Australia's bank watchdog clamps down on speculative home loans

New interest-only lending will be limited to 30 percent of total new residential mortgage lending, whereas it stands at around 40 percent at present, the
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Drayton Valley housing market recovering slowly

However, the average number of days a home sat on the market is up, with a residence in Drayton Valley sitting with a 'for sale' sign on the front lawn
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Australia Regulator Tightens Loan Curbs to Cool Home Prices

Australia's banking regulator has further tightened lending curbs amid concern runaway home-price growth may stoke a housing bubble. Under the
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APRA moves to tighten mortgage rules

… on interest-only and investor lending as the banking regulator responds to heightened risks of rising housing prices and household indebtedness.
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Ten-X predicts increase in existing home sales

Ten-X, an online real estate transaction marketplace, released its latest Residential Real Estate Nowcast showing that existing home sales will
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NAR: Trouble ahead as National Flood Insurance Program expiration date nears

The National Flood Insurance Program is set to expire six months from Thursday on Sept. 30, 2017, prompting the National Association of Realtors to
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BBMC Visited our Troops in Southwest Asia!

BBMC President of Retail Mortgage, Todd Jones, and a myriad of BBMC care packages! Our ambassadors returned from our trip with the USO in
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Existing Sale Prices Looking Up for March

The new report showed a slight increase in existing home sales and predicted that March sales will fall between seasonally adjusted annual rates of
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Foodservice Delivers Halo Effect for Retail Real Estate

Europe is tracking in the same direction and Asia was the leader in this trend. “The increasing popularity of dining out is revitalizing retail real estate
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APRA announces further measures to reinforce sound residential mortgage lending practices

The Australian Prudential Regulation Authority (APRA) is today initiating additional supervisory measures to reinforce sound residential mortgage
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Loan Officer

We are seeking a Loan Officer to become a part of our Mortgage team! You will Develop and originate commercial, and Residential mortgage loans.
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Seek Assistance From Mortgage Advisor in Calgary, Alberta

Seek Assistance From Mortgage Advisor in Calgary, Alberta

While a broker can assist in finding the best companies and finance etc., a mortgage advisor can be of help to find the best option for their clients.
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Mayor Tory considering vacant home tax following round table meeting

Tory said Toronto's success and popularity is part of the reason for skyrocketing housing prices, which have gone up by 20 per cent in the past year
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VAT-free housing sales to foreigners kick off

Foreigners will not pay VAT on their first residential purchases on condition that they pay the price in foreign currency sourced from abroad.
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Lack of housing continues to be an issue for county

Employers were adding positions in Marion County, but the housing market was not allowing many employees to move to town. The county's
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Low-income workers priced out of the property market in all but ONE area in England

LOW-INCOME workers have been priced out of the property market in all but ONE local authority area in the whole of England – a report claims.
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City, province eye tax on unoccupied homes

The province and city are looking at taxing vacant houses and condos to address Toronto's soaring real estate prices that are putting the squeeze on
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Fix Housing, Fix The Economy? How The Homeownership Crunch Cost The US $300B Last Year

The reasons for the shift in housing patterns are numerous, ranging from the demographic (delayed marriage) to the financial (fast rising home prices).
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APRA mandates 30% limit on interest only resi lending

Since December 2014, APRA, together with CFR members, has closely monitored residential mortgage lending trends and the resulting impacts on
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Colorado Springs continues to rank as one of the nation's hottest housing markets

Colorado Springs' housing market continues to be one of the nation's strongest, according to a new report by Realtor.com. Of the country's top 20
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If housing was a human right, the bubbles would burst

Toronto's overheated housing market is now being called a crisis, and evidence has been offered to support wildly divergent opinions on its causes.
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TRI Pointe Group, Inc. (NYSE:TPH) Files An 8-K Departure of Directors or Certain Officers; Election …

Its financial services operation (TRI Pointe Solutions) includes mortgage financing operations and title services operations. Its mortgage financing
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Looking for an affordable home? You may want to buy in Calgary

The Calgary housing market is “likely to get more attention,” predicts an RBC report on housing affordability released Thursday. That Calgary homes
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Investor lending: APRA announces new curbs on interest-only loans

The banking regulator has upped its pressure on the banks to rein in investor lending, announcing tighter regulations on interest-only loans.
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Housing market: Luxembourg needs 8000 new homes per year

(ADW) Luxembourg needs between 7,500 and 8,000 new homes annually to solve the problems the country faces in the housing market, according to
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What could cause property prices to drop in Sydney and Melbourne as moderate growth predicted …

A significant rise in interest rates or a drop in wages will trigger a fall in property prices — putting aside factors such as a major tax reform or reduced
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Churchill Mortgage® Closes First Quarter with Addition of 17 Emp

National lender gears up for the spring season and increasing homebuyer demand -. BRENTWOOD, Tenn. –(BUSINESS WIRE). Churchill Mortgage
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Finding Starter Homes in a Hot Housing Market

One of the more unusual tips that can give an edge in a competitive housing market is to write a personal letter to the seller to go along with your offer:.
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CBS MoneyWatch Calls Reverse Mortgages “Smart” for Seniors

Citing the growing cabal of pro-reverse mortgage academics and the story of one Mississippi homeowner, CBS News' MoneyWatch called Home
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1.5b yuan lending fraud trial begins

Fifteen former employees of the now-defunct online peer-to-peer lender Jinxing Investment were on trial. Ji Jianhua, the company's chief financial
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Farm Credit Watch: Yet Another Congressional Hearing on FCA, FCS

Many questions were posed to Tonsager and Hall about FCS lending practices, including large loans to large borrowers, lending (or lack thereof) to
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Millennials are helping to strengthen the home market

Millennials are helping to strengthen the home market

The housing market continues to strengthen. Home prices nationwide were up 5.9 percent year-over-year in January, reaching a 31-month high.
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Real-time market share data lets lender analyze price changes

Lenders can track the effectiveness of product pricing changes on a real-time basis using a new market share analytics tool from Optimal Blue.
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Sydney and Melbourne lead house price surge in March

Preliminary numbers from CoreLogic show an approximate 1.4 per cent advance in capital city dwelling values in the month, suggesting the housing
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Australia – (APRA) Regulator new measures on mortgage lending

All the biggest trading floors in the world have screens locked on ForexLive™. We provide real-time forex news and analysis at the highest level while
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The Importance of a Local Lender

Leaving the lending real estate business took Karyn on a new journey, where she became the sales manager for a large staffing company.
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Housing market remains strong in Nobles County

WORTHINGTON — A continued strong market in the housing sector will mean an increase in property values for many Nobles County residents this
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A look at the Tennessee wide housing market

Tennessee's housing market continued a solid showing in the fourth quarter of 2016, according to the latest statewide quarterly report from the MTSU
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Sales in UK property market reach 10 year high

The number of sales agreed in the UK rose to a 10 year high in February but sales to first time buyers fell, according to the latest figures from estate
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Mayor Tory to hold round table meeting on Toronto housing market

The 12-member panel will discuss the astounding increase of housing prices in the city and potential ways the government and other housing
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Home Buyers Shrug Off Brexit as U.K. Market Remains Buoyant

Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. Steve Victor pulled out of buying his first home the day after
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China property market may peak out in third quarter

Several Chinese property developers posted sharp revenue and turnover growth last year, helping their share prices surge in Hong Kong. The rally
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One Individual Charged With Making False Statements In A Reverse Mortgage Loan Application

SAN JUAN, P.R – On March 29, 2017, a federal grand jury in the District of Puerto Rico returned a one count indictment charging Tommy Rudy
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News From NAMB: March 30, 2017

In its March release, the Federal Housing Finance Agency revealed that Freddie Mac will start using trended data later this year. Freddie will also
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Can you still make money in Australian property? Ask the Coalition

Looking to make money in the fastest-growing Australian housing markets of Sydney and Melbourne? You've probably got one year to lock in gains of
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One In Four U.S. Housing Markets Less Affordable Than Historic Affordability Averages In First …

“Home affordability continued to worsen in the first quarter, not surprising given the continued strong growth in home prices combined with the recent
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The Hottest Housing Market in March Is…

The Bay Area occupied the upper berths of the hottest markets list for March, with Vallejo and San Francisco holding the number one and two spots for
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5 ways to save money in a competitive housing market

LAKEVILLE, Minn. — If you're looking to buy a home, real estate agent David Nelson with RE/MAX Advantage Plus has five tips to keep you out of the
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House price growth in Sydney accelerates to 19pc in March: CoreLogic

“The early results come after a strong rebound in housing market conditions through the latter half of 2016 and into 2017,” CoreLogic head of research
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Multifamily housing market on the rise in Calgary

A rise in multifamily housing is good news for the City of Calgary, first time home buyers looking to get into the market and even those looking to
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Is Toronto's housing market in a bubble? Not quite, analyst says

Despite a recent declaration by Bank of Montreal Chief Economist Douglas Porter that Toronto's red-hot housing market is indeed in a “bubble,” other
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Brits Join U.S. in Relaxing Scrutiny of GE After Lending Unit Selloff

Brits Join U.S. in Relaxing Scrutiny of GE After Lending Unit Selloff

Nearly a year after U.S. regulators ended heightened oversight of General Electric due to the size of its lending business, the United Kingdom is doing
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Mortgage Calculators

Our handy mortgage calculator tools give you an accurate indication of the type of mortgage you could get based on your personal details and current
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Peak and Fintech Lending Platform Cubeler Inc. Sign Exclusive Licensing Agreement

Cubeler is a fintech platform that matches any business looking for credit or financing with a variety of lenders and financial institutions. Business
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Mortgage rates dip for second straight week, landing a 4.14%

Mortgage rates dip for second straight week, landing a 4.14%

From Freddie Mac's weekly survey: The 30-year fixed rate made a gigantic improvement for the second week in a row, landing at 4.14 percent, nine
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Rules end overages, creative YSPs and mortgage incentives

The goals of the rules are to protect mortgage borrowers from unfair, abusive or deceptive lending practices and ensure consumers can choose loan
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Bill Ackman Comments on Fannie Mae, Freddie Mac

Fannie and Freddie have historically been, and continue to be, essential to allowing for widespread access to the 30-year fixed rate mortgage at a
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A reverse mortgage is not free money

Ted from Milford: My parents are in their late 70s and concerned about their retirement savings, so they're considering a reverse mortgage. Is this a
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High street lenders fail consumers, says The Mortgage Lender

British consumers think high street lenders do not give value for money and that mortgage brokers are more likely to get better deals, according to The
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Reformed millennial spendthrift tackles mortgage and saves for wedding

After paying off his mortgage, Mr. Collis aims to buy an income property to generate revenue in retirement, on top of his pension to which he
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Mortgage firm PHH making changes at the top

Mount Laurel-based mortgage solutions firm PHH Corp. announced a leadership transition Thursday, as it undergoes a strategic downsizing to reduce
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United Wholesale Mortgage Rolls Out New Mortgage Portal

Mortgage lenders everywhere are deploying online portals where consumers can submit paperless applications and, with the advent of automated
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Churchill Mortgage® Closes First Quarter with Addition of 17 Employees

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 40 states, announced
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New Private Mortgage Lender Network in Peterborough

Private lendersare simply individuals who can offer mortgages that were turned down by banks and credit unions. These institutional lenders must
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DuPage Credit Union and 101WKQX to host mortgages on Tap – a First-Time Home Financing …

NAPERVILLE, IL (March 30, 2017) — DuPage Credit Union and 101 WKQX, invite the community to attend its educational, no-obligation Mortgages
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CommunityAmerica expands commercial lending team

CommunityAmerica Credit Union, the largest credit union in the Kansas City area, continued expanding its capabilities as a small business lender by
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WeTrust Launches Lending Circles (ROSCA) Platform, Offers Opportunity to Participate in On …

Ethereum blockchain platform WeTrust has announced its very first Trusting Lending Circles product and Trustcoin crowdsale. WeTrust is a reciprocal
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Priority sector lending: Missing the woods for the trees?

Priority sector lending: Missing the woods for the trees?

The current banking and economic situation demands a fresh round of thinking regarding priority sector lending (PSL) guidelines. In FY16 the Reserve
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Brokerages Set New York Mortgage Trust Inc (NYMT) Target Price at $6.33

Ladenburg Thalmann Financial Services lowered shares of New York Mortgage Trust from a “buy” rating to a “neutral” rating in a report on Friday,
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Santander Bank To Pay $26 Million Over Subprime Auto-Loan Lending Practices03:03

Santander Bank will pay $26 million in a settlement with Massachusetts and Delaware over its subprime auto-loan lending practices. Here & Now's
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Lake Michigan Credit Union hires Lori Teague as commercial lender

Teague currently holds Nationwide Multistate Licensing System (NMLS) certification. She earned commercial lending awards for exceeding projected
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Federal $1 Billion Bond Program Is Making a Difference in Community Development

Such developments don't get the familiar 30-year, fixed-rate mortgages that individuals and families use to buy their homes. Commercial loans, which
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Canara Bank cuts lending rate by 0.10% to 9.4% from April 1

New Delhi: Public sector Canara Bank on Thursday announced 0.10 percentage point reduction in its MCLR-based lending rate to 9.40 percent from
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Despite Courtroom Losing Streak, Legal Action Still Best Route For Fannie Mae, Freddie Mac …

Even if things take a positive turn in Washington, Groshans estimates that Fannie Mae and Freddie Mac would need $132 billion and $84 billion in
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RED Small Balance Loan Group Funds $18.5M on a Five Property Portfolio in the Southeast

RED Mortgage Capital, LLC, the mortgage banking arm of RED Capital Group LLC, announced that they have funded over $18M to finance a portfolio
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New Loan Types in the Works for California's “Granny Flats”

Last September, California Governor Jerry Brown signed into law new regulations and protections regarding the construction and operation of
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Fannie, Freddie will hand over $10 bln in profits to U.S.

WASHINGTON, March 30 (Reuters) – Fannie Mae and Freddie Mac will transfer $10 billion in earnings to the U.S. Treasury, a spokeswoman for the
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GSE regulator calls for better alignment of mortgage buyback policies

… Private market mortgage insurance companies should better align their buyback and rescission policies with those of Fannie Mae and Freddie Mac,
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