BH Properties Lands $253M Loan for NYC Portfolio
New York Life Real Estate Investors provided a 25-year mortgage and mezzanine facility for three Manhattan hotels totaling 1,179 guestrooms.
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Northern Trust expands UAE operations
Northern Trust has opened a new branch office in Abu Dhabi, as part of a continuing focus on business in the UAE. Located in the city's international
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Official at banking regulator caught in China anti-graft drive
A top official at China's banking regulator is being investigated for suspected disciplinary violations, the country's top anti-graft body said, broadening
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Geneva Advisors LLC Acquires 15512 Shares of TPG Specialty Lending Inc (TSLX)
TPG Specialty Lending logo Geneva Advisors LLC increased its stake in TPG Specialty Lending Inc (NYSE:TSLX) by 27.0% during the first quarter,
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Buy-to-let mortgage costs drop 3%
Product analysis by Mortgage Brain revealed a three-year fixed buy-to-let mortgage with a 60 per cent loan-to-value has a current rate of 2.44 per cent
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Top Chicago investment bankers exit
A wave of top Chicago investment bankers are leaving their firms after a slowdown in dealmaking last year. Bank of America Merrill Lynch veteran
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Fannie Mae Updates Requirements for Green Building Financing Option
… Financing program to improve the processing of green mortgage loans. … Fannie Mae also authorized Lenders to now be able to review Green
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Funding Circle Fully Authorised by FCA. Platform Now Biggest P2P Lender in UK
Funding Circle, an online lender for SMEs, has received full authorisation by the Financial Conduct Authority (FCA). Funding Circle is now queued up
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Mortgage Rates Wednesday: Wells, Chase May 24, 2017
30 year fixed rate loans are being quoted at 4.125% at Wells Fargo (NYSE:WFC) carrying an APR of 4.150% today. The lower FHA 30 year mortgage
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Will Home Buying Get Easier The Last Half Of 2017?
This assumes a household uses a 30-year conventional mortgage to finance the home, made a modest down payment, and carried good credit scores
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Global IME Bank starts 46th branchless banking unit
According to the bank, it is the bank's 46th branchless banking unit. The unit has been started in partnership with Sakchyam Access to Finance
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Mortgage Applications, Home Prices on the Rise
The Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending May 19 found the Market Composite Index up by 4.4
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New Home Sales; Title Company Cuts Fees; Guild's 1% Down Product
“Pending” Home Sales, “Existing” Home Sales, and “New” Home Sales – take your pick. They all show something slightly different, and economists
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Free legals get flak as brokers call for cashback
Several brokers contacted Mortgage Strategy to say they had been increasingly struggling to contact conveyancers about remortgage cases featuring
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UK's CivilisedBank gets banking licence
UK-based digital bank CivilisedBank has secured a banking licence from the Bank of England, which will enable to develop infrastructure and serve
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The one place to work in investment banking now
Investment banks have stopped making massive cuts to their fixed income divisions, but there's only one place where they're really hiring â credit
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Can traditional big banks compete against Affirm's unique lending strategy?
Max Levchin, PayPal co-founder and Affirm CEO, on the state of social media and Affirm's lending strategy.
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Mortgage Loan Rates Fell Last Week, Applications Rose 4%
The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 4.4% in the
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Let's scrap the phrase 'robo-advice'
The industry should stop using the term 'robo-advice' which is misleading and alienating for customers, a mortgage panel agreed. Mark Graves, sales
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BRIEF-Westpac Banking says institutional offer of 60 mln shares in BT Investment Management
ALMATY, May 24 Kazakhstan's state-managed pension fund invested $250 million in Azerbaijan's now troubled state-run bank IBA, and Kazakhstan's
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