Uncertainty Weighs on Apartment Lending Sector

Uncertainty Weighs on Apartment Lending Sector

Just when lenders and borrowers thought interest rates would finally start to rise in 2017, interest rates stopped going up. Lenders are struggling to
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SBT's consolidation with SBI ends six decades of lending saga

The consolidation of State Bank of Travancore's branch in Tirupur with State Bank of India has put an end to one of the oldest institutional lending saga
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London and area home sales last month top 1000 for only second time

The London-area real estate market seems unstoppable as realtors racked up another record month in March. The London and St. Thomas
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Authorities forced real estate agents to shut down after house prices in this Chinese province …

With speculators bidding up prices at a rapid pace, authorities took the unusual step of closing real estate offices by Monday in an attempt to quash the
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Listen: Coveney Says Activity In The Housing Market Is Not Increasing Swiftly Enough.

The Minister for Housing says activity in the housing market is increasing, but not at a sufficient rate to meet the required demand. It follows the release
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Payday lending, credit complaints rise as consumers get caught

Payday lending complaints are up, while rent-to-own plans and other new services are giving people more chances to buy stuff before they can afford
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Quicken Loans commits $1 million to build up Detroit business

Quicken Loans commits $1 million to build up Detroit business

Quicken Loans is one of the biggest companies championing the resurgence of Detroit, consistently dedicating a portion of its funds to the city to bring
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Commercial Comparison Guide

Green Bank is excited to announce that our Small Business Cash Management Online Banking is being upgraded to Commercial Cash Management
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China P2P industry lending nears Rmb1tn despite crackdown, new regulations

Growth in China's peer-to-peer lending sector has proven resilient in the face of new regulations and a year-long crackdown by authorities on online
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Crackdown on interest-only lending: ASIC

Eight banks will have to compensate their customers for inadequate lending practices, including major institutions Commonwealth Bank, ANZ and
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Seattle City Council votes to avoid banking with Keystone XL backers

The Seattle City Council voted Monday to oppose the Keystone XL Pipeline and seek to avoid contracting with banks backing the project.
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Real Estate Rumors: Treetop, Clarion, RVM Enterprises

The deal is for 132-40 and 133-17 Sanford Ave., which have a combined 157,400 square feet and 181 rental apartments, The Real Deal said. Treetop
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Personal Banking Representative II, Oreland, PA

As a member of Santander's retail banking division you'll help serve Santander's retail and small business customers as part of one of the top banks in
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Business Online Banking

Get easy and quick access through Embassy Bank's business online & mobile bankings for balance & transaction reports, electronic payments,
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You are here

Just how important to the US economy car lending has become was revealed overnight in new data from the New York Fed. Personal lending is now
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Carson claims HUD budget cuts will be restored in infrastructure bill

WASHINGTON — Housing and Urban Development Secretary Ben Carson said housing advocates should not worry about proposed funding cuts,
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Business Banking Officer

Banking – Retail/Branch, We are seeking a motivated Business Banking Officer to join our team. Opportunity to contribute to the growth of the local
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Personal Online Banking

Bank online when and where you want to with Embassy Anytime Banking or on the go with Embassy's Mobile Banking App.
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StanChart to double minimum wealth for private bank clients

StanChart to double minimum wealth for private bank clients

Standard Chartered plans to more than double the minimum level of wealth required for private banking clients globally as it targets ultra-rich families.
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Mortgage Interest Deduction: How Much Can You Claim?

The mortgage interest deduction is one of the more popular tax breaks Americans use to reduce their taxable income. But what is the mortgage
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Lending Manager

The purpose of this position is to source new retail lending from new to BOQ customers. The role is to network, cold call and identify contacts regionally
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Consumer watchdog opposes new law to cap interest rates on variable mortgages

The Central Bank, European Commission, European Central Bank and Finance Minister Michael Noonan are all opposed to the mortgage capping bill
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Four Key Blockchain Use Cases for Banks: FinTech Network Report

According to Chris Mager, Head of Global Innovation at BNY Mellon Treasury Services , one of the primary issues that the banking sector is facing
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Which Bank Stocks Does Warren Buffett Own?

Bank stocks make up a particularly large portion of the portfolio, currently accounting for about 11% of Berkshire's entire market cap. Here are the six
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FDIC: Minority Banks Lag in Profits, Outpace in Loan Growth

The 157 FDIC-insured minority depository institutions tend to lag community banks overall in terms of profitability, but the sector is seeing higher loan
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Low-Down-Payment Mortgages: What You Need to Know

New homebuyers have a wealth of options when securing a mortgage, including access to 3%-down-payment mortgages. In some cases, they can
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APRA tightening on investor lending 'short-sighted'

The CEO of a national broking franchise has stressed that the regulator's measures to rein in investor lending are “counterproductive to mortgage
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In KKR we trust: KKR Real Estate Finance Trust files for a $100 million IPO

KKR Real Estate Finance Trust, a KKR-managed mortgage REIT focused on commercial real estate debt, filed on Monday with the SEC to raise up to
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Real estate agent claims 'insufficient evidence' he posted unsavoury items to former employer

A real estate agent accused of popping a poo in the post to a former employer claims there is insufficient evidence to prove he sent the packages.
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Researchers Tie Bank Attacks to North Korea

ST. MAARTEN–New details discovered in the investigation into the string of attacks on banks around the world using the SWIFT network show have
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More Fannie, Freddie Investors Fight Profit-Sweep Ruling

More Fannie, Freddie Investors Fight Profit-Sweep Ruling

Law360, New York (April 3, 2017, 7:11 PM EDT) — Fannie Mae and Freddie Mac investors whose class claims against the government-backed
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Coordinator, CAPLA Master of Real Estate Development Program

The College of Architecture, Planning, and Landscape Architecture seeks applicants for the position of Coordinator, CAPLA Master of Real Estate
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Independent Settlement Services announces two vice president promotions

Independent Settlement Services promoted Ashley Hyatt and Kayla Work to vice president positions within the national appraisal and title
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Woman charged in Carolina Beach real estate firm embezzlement

Tamara Kristen Denny, who also uses the name Tamara High, surrendered to authorities March 3 in the embezzlement of more than $7,000 in cash
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New mortgage-matching platform aims to speed up loan …

The new website, which allows consumers to complete their mortgage application entirely online in 15 minutes, enables customers to upload
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What You Need to Know About No-Down-Payment Mortgages

That's why low- and no-down-payment mortgages have become popular, making homeownership affordable for more Americans. In the video
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Lloyds Bank to launch 'micro-branches' with no counters and just TWO staff armed with iPads

Lloyds, which includes HALIFAX and BANK OF SCOTLAND, runs one of the biggest bank networks in the UK, but shut around 180 branches in 2015
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Sales Executive

Sales Executive job in Waukesha, WI Chicago Title Insurance Company – The most successful account executives are self-motivated and can work
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Busy Weston Title Company / Processors and Closers Needed

Busy Weston Title Company Searching for experienced Title Closer – Bilingual is a plus. – Must have experience in title processing/closing. -RamQuest
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ReadyCap Lending, Appoints Andrew A. Simon as Business Development Officer

Ready Cap Lending, a nationally recognized SBA Preferred Lender offering SBA 7(a) financing up to $5 million and subsidiary of ReadyCap
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Encouraging investment through P2P lending scheme

Financial technology (fintech) business players that provide peer-to-peer (P2P) lending schemes can be ideal initial mediums of investment that need
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NAB banking on branches in digital world

NAB banking on branches in digital world

National Australia Bank is taking a leaf from the Apple playbook to get its … and hands-on tech bars at which staff coach customers in online banking
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Leonard Litwin, real estate baron, campaign donor, dies at 102

Leonard Litwin of Melville, a real estate baron and billionaire who built Manhattan skyscrapers, funded philanthropic causes and medical research on
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How Neighborhoods Could Lose If Trump Succeeds in Rolling Back Bank Reforms

Namely, he sees the banking sector as awash in a sea of over-regulation, and his preference that such regulations be streamlined if not eliminated.
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Council works to lower real estate tax hike

Danville City Council is looking at several ways to raise revenue to prevent an increase in the real estate tax rate by 15 cents for the 2017-18 fiscal
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Buy-to-let mortgage LTVs are getting lower

That's according to research from Paragon Mortgages, which found that the average investment portfolio among experienced residential landlords
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Seattle real estate firm eyes Eugene's RiverRidge Golf Complex for 480 houses

The firm appears to deal exclusively in multifamily real estate, according to its website. Evergreen owns a pair of large west Eugene apartment
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Brexit brings out the borrowers

The last thing you'd want is to be getting 3.5 percent when you could be charging 5 or 10 percent, which mortgage lenders can get when growth is
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Mobile Small Business Loan Applications Jump; Entrepreneurs Apply Outside Typical Banking Hours

Improvements in technology enabled banks to offer retail customers quick access to check account balances, pay bills and transfer funds between
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Good news: easier to get mortgages now than any time …

Mortgage brokers say they are encountering fewer difficulties sourcing products now than at any time for three years. Research from the Intermediary
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SBI Hikes Banking Charges, Others May Follow Suit

State Bank of India Ltd. (SBI) has started charging more from its millions of account holders, including those of the 6 lenders merged with it this month,
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Mortgage accessibility at post-MMR high

According to a new report, mortgage accessibility has hit a new three year high, as almost 30% of brokers reported no problem sourcing a mortgage
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Is the Correction Already Over? 4 Bank Stocks to Buy

These, in turn, led U.S. banking stocks to rally. Further, following the presidential election, mortgage rates were on an upswing, as money was pulled
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Ex-Dividend Reminder: Preferred Bank, Lloyds Banking Group and NetApp

Looking at the universe of stocks we cover at Dividend Channel , on 4/5/17, Preferred Bank (Symbol: PFBC), Lloyds Banking Group plc (Symbol: LYG),
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Union Bank CMD Arun Tiwari tells employees to intensify bad loan recovery

KOLKATA: State-run Union Bank of India chairman Arun Tiwari has urged employees to double the intensity in sticky loan recovery and upgradation
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Steve Mayer founds investment bank

Investment banking professional Steve Mayer has formed his own company, Milwaukee-based Franklin Place Capital. It opened last week at 1313 N.
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Real Estate Demand High for Alexandria

Real Estate Demand High for Alexandria

The number of days a house stays on the market has dramatically decreased in recent months, writes Washington Post real estate columnist David
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Comvest Taps Ex-Goldman Exec Goila For Direct Lending Unit

Comvest Partners has hired former Goldman Sachs executive Tom Goila as a managing director in the company's Comvest Capital direct lending unit.
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Investors' group supports Lehman settlement offer on RMBS

… the Lehman Brothers bankruptcy plan administrator's offer to settle certain securitized mortgage repurchase claims with securities' trustees.
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7 fundamentals for buying a mortgage bank

It's a seller's market for independent mortgage banker acquisitions. Many nonbank lender owners are looking to cash out as they near retirement age,
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China's 'bad banks' thrive as alternative lenders

China's so-called bad banks are thriving as alternative lenders, evolving from bad-debt managers into some of the country's largest financial
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Real Estate Office — FULL TIME RECEPTIONIST WANTED

This is more than a job…this is an opportunity for long term grow with one of San Diego's fastest growing companies. WHO WE ARE: – The biggest and
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Large banks

Starting this fiscal year on 1 April, five associate banks of the State Bank of India (SBI) and Bharatiya Mahila Bank were merged with SBI. Banker Uday
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Western Colorado health care costs more than a mortgage?

#Whether the household income is $57,000 a year or $120,000 a year, if they're all paying high mortgages, and paying for food, day care,
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HAPO Credit Union adds commercial lending division

HAPO Credit Union adds commercial lending division … HAPO Community Credit Union is adding commercial lending to its slate of services.
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Anna Bligh ready for banking industry challenges

As the banking industry continues to throw up its customary diet of inquiries and reviews, with yesterday's events no exception, at least one skirmish
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Trump's HUD Unlikely to Stop Final Rule for Reverse Mortgages

NEW YORK — Citing sources in the Department of Housing and Urban Development, National Reverse Mortgage Lenders Association president and
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Dubai real estate deals rise to $20.9bn in Q1

Dubai recorded a sharp rise in the value of real estate transactions during the first quarter of 2017 compared to the same period last year, the Dubai
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SEC accuses Michigan pastor of leading $6.7 million real estate fraud scheme

A Michigan pastor allegedly bilked church members, retirees, and laid-off autoworkers out of millions of dollars by convincing them to invest in a
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The show goes on for Gold Coast real estate with an open house ready to inspect despite flooding …

COULD this be the Gold Coast's most determined real estate agent?
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U.S. mortgage rates fall again

“The 10-year Treasury yield remained relatively flat this week,” Sean Becketti, chief economist at Freddie Mac. “The 30-year mortgage rate fell nine
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A New Month, but Little Change in Mortgage Rates

The only increase in average mortgage rates today was for 30-year fixed … most creditworthy customers — experts expected mortgages would begin
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Hackers find way to steal millions from home buyers

Joellyn Robles with Hillsborough Title estimates her office blocks about … Never ever wire money without calling your realtor or title company and
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Mortgage rates likely to rise: brokers

Rothbury mortgage advisor Clive Martin said rates had been at historic lows and could be pushed up by several factors. These included possible rate
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Mortgage Lenders Optimistic Even as Demand Subsides

Mortgage lenders have never felt more optimistic about the economy than they do now—an outlook that could come with more relaxed standards for
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Business Digest: Lender launches $250 million real estate fund

Noble Capital, a Texas-based private lending firm, said it is starting a new fund to provide investment opportunities in the state's real estate market.
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Freddie Mac Obtains First ACIS Policies of 2017

Freddie Mac Obtains First ACIS Policies of 2017

MCLEAN, VA–(Marketwired – Apr 3, 2017) – Freddie Mac ( OTCQB : FMCC) announced today that it has obtained two new insurance policies under its
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LM Funding, business built on condo fee delinquencies, struggles as real estate recovers

“Our revenue results for the fourth quarter continued to be impacted by the reduction of distressed real estate transactions in Florida,” stated Bruce
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Interest-only lending under scrutiny

Australia's bank regulator has just launched a crackdown on interest-only lending, raising questions about whether the Reserve Bank could do the
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Christie Administration Launches HomeSeeker Down Payment Assistance Program

TRENTON, NJ – The New Jersey Housing and Mortgage Finance Agency (HMFA) today announced the launch of the New Jersey HomeSeeker Down
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Key Components To Real Estate Joint Ventures: Part 1

Law360, New York (April 3, 2017, 5:29 PM EDT) — Real estate joint ventures are essentially a way to match capital needed or desired for a real estate
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Russians stopped looking for Miami real estate during January: Realtors report

After leading web searches for Miami real estate in November and December, Russia fell to No. 29 on the Miami Association of Realtors' ranking in
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Guaranteed Rate stands by exec with revoked real estate license

Chicago-based mortgage provider Guaranteed Rate stands by the company's new business development director despite her revoked real estate
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Banking Compliance Specialist

Banking Compliance Specialist

Position Purpose: The Banking Compliance Specialist is responsible for assisting in the carrying out the Bank's compliance management program as
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Lloyds Bank to shrink branches and give staff iPads

Hundreds of branches will now be shrunk, including those of Halifax and Bank of Scotland, after the micro model was successfully tested in the City of
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SBI cuts benchmark lending rate by 15 bps

Ahead of the RBI's monetary policy this week, the country's largest bank SBI has reduced its benchmark lending rate by 0.15 percentage point to
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$50M Irving-based firm on the mortgage services industry, 'Dallas has become the hub'

Dallas' mortgage services scene is a self-fulfilling prophecy, according to Gagan Sharma, CEO of BSI Financial Services.
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Now Republicans want to undo the regulations that helped consumers and stabilized banking

For the past six years, these reforms have provided key protections to consumers and stability to the banking system by protecting consumers. They've
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Cyprus' Georgiades Says Banking Sector Has Healed

Cyprus Finance Minister Harris Georgiades and Cyprus Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis disscuss the state of
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Greater Victoria real-estate sales quiet in March due to low inventory

Low inventory led to a fairly quiet month for Greater Victoria's real estate market, according to figures released Monday by the Victoria Real Estate
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Real Estate in the Next 10 Years

In a recent session at the Association Executive Institute entitled “Real Estate in the Next 10 Years,” REAL Trends shared some thoughts about where
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Amazon Cash: Just Like a Gift Card, But Mobile

Unlike Square or PayPal or Apple versions, which link to customer bank accounts, Amazon Cash relies on actual cash; all a user needs is an Amazon
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Bank of America picks Indianapolis as next new market to open branches

Bank of America announced Monday plans to open its first branches in Indianapolis – the second U.S. market the bank has expanded its retail
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John Pickering Featured in Business Alabama Regarding Commercial Real Estate Trends

John Pickering, partner in the firm's Birmingham office and member of the Real Estate Practice, was featured in Business Alabama in the March 2017
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Banking on security success with new €50 note

“Look, feel and tilt,” are words the Central Bank hopes will make up “part of all consumer DNA” in the coming weeks and months as it best illustrates
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APRA's clampdown on interest-only lending could trigger price drops

The Australian Prudential Regulation Authority's (APRA) clampdown on interest-only home lending could trigger price falls of up to 10% in Sydney and
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BRIEF-Orion Real Estate sees HY 2016 EPS, HEPS to be 47.5 pct lower

ATHENS, April 3 A new rift between Athens and the International Monetary Fund over pensions and labour reforms has dealt a blow to an initial
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UBS' Private Banking Guru Departs

Now Bruno aka «SuperDave» is leaving UBS at the end of June after eight years, for a new job outside the Swiss bank, two sources told finews.com.
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Leonard Litwin, New York Real Estate Mogul, Dies at 102

Leonard Litwin, New York Real Estate Mogul, Dies at 102

In the small circle of wealthy, sometimes flamboyant real estate moguls in New York, Mr. Litwin was almost invisible: a secretive man who kept his
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Katie Porter, California mortgage settlement monitor and Warren protégé, running for Congress

In July 2015, HousingWire Magazine featured Porter in an article about the efforts mortgage servicers should be taking to better communicate with
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Equity-sharing mortgages make a comeback, with Freddie's help

The combination of rising rates and real estate prices has made home buying less affordable, reviving interest in a product that lets consumers borrow
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Musco Center wins OC real estate award Year-old arts center named top new construction project

Chapman University's Musco Center for the Arts was honored by an Orange County real estate group as the top new construction project of 2016 at a
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Fairfax County's west is still the best for commercial real estate, but the east is making a move

Commercial assessments are crucial to Fairfax, as real estate taxes comprise 64.6 percent of the county's general fund revenue. As nonresidential
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The first step to cooling Toronto real estate isn't increasing supply: economist

Ask real estate industry reps what policymakers should do to cool Toronto's housing market, and you'll likely hear something along the lines of this:
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UWM: Industry is taking the wrong approach to protecting veterans

United Wholesale Mortgage released its 3 Points video for April in which CEO Mat Ishbia started off by explaining the industry is taking the wrong
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Online Database Protects Canadians Getting Mortgages

Online Database Protects Canadians Getting Mortgages

TORONTO , April 3, 2017 /CNW/ – A new online database helps consumers find out if mortgage brokers have broken the rules that govern their
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Call for bigger spotlight on first time buyer deals

A lack of awareness among consumers of mortgage deals that can help them use their relatives' equity when buying a house could be dampening the
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Regional Underwriter – Lending Department

All loans are subject to oversight by LISC's Lending Department. In 2016, LISC approved $248 million of new loan commitments, and the outstanding
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Essay importance internet banking

02 apr Essay importance internet banking. Posted at 23:13h in Senza categoria by 0 Comments. 0 Likes. Design argument essay. Dissertation
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Y Combinator 2017 Demo Day: Payment & Lending Start-ups

Home > About Us > News > Y Combinator 2017 Demo Day: Payment & Lending Start-ups. Y Combinator 2017 Demo Day: Payment & Lending Start-
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Mortgage rates ease for Monday

The average 30-year fixed-mortgage rate is 3.99 percent, down 3 basis points … These types of loans are best for those who expect to sell or refinance
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Bankers eye plum Citi job to replace Philip Graham

A handful of infrastructure and resources bankers are believed to be lining up to secure a role at investment bank Citi after the departure of utilities and
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Malcolm Turnbull has the medicine to fix the housing bubble – he just won't administer it

There are plenty of shoulders leaning in to the task of stemming the growth in house prices, which have risen to nose-bleed territory – the financial
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Toronto home bidding wars so fierce that homebuyers are skipping inspections

“You don't know what could be hiding behind the walls,” said Shubha Dasgupta, owner of Capital Lending Centre, a Toronto-based mortgage
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Just two providers demand FCA rethink equity release rules

Only two companies called for the Financial Conduct Authority to introduce a requirement for mortgage advisers to hold an equity release qualification,
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Brokerage Firm Target Review on TPG Specialty Lending, Inc. (NYSE:TSLX)

Let's take a brief check on where covering Street analysts see TPG Specialty Lending, Inc. (NYSE:TSLX) moving in the near-term. Analysts taken into
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