European Central Bank's Draghi cagey on stimulus exit

European Central Bank's Draghi cagey on stimulus exit

European Central Bank head Mario Draghi did his best Thursday to give no clear signal about the eventual withdrawal of a massive bond-purchase
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Substantial changes likely in eye banking, corneal transplantation community

The Eye Bank Association of America was founded in 1961. It remains the major organization representing eye banking in the world. There is also an
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Foreclosure Filings, Delinquencies on the Decline

ATTOM Data Solutions' new Midyear 2017 U.S. Foreclosure Market Report determined there were 428,400 properties with foreclosure filings in the
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Buffalo is one of the 18 US markets enjoying strong post-recession gains in home values

Only 18 U.S. housing markets have bounced back strongly from the Great Recession of 2007-2009 — and Buffalo is ranked among them. Click on the
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Ocwen to pay $49 million to settle class action lawsuit over restated financials

Ocwen Financial will pay at least $49 million to settle a class action lawsuit over the nonbank restating its 2013 and 2014 earnings after its auditor
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Italian tax police ask Switzerland for details on 10000 banking clients

MILAN/ZURICH (Reuters) – Italy's tax police have asked the Swiss authorities for information regarding Italians that deposited a total of 6.7 billion
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Without a title sponsor, it's very difficult: Karti Chidambaram

“The title sponsor Aircel, having merged with Reliance Communications, … and private sector companies, the tournament had reached a dead-end.
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RateSetter moves to protect its investors

UK marketplace lender RateSetter has given more details on a series of interventions it has made to protect the company's 50,000 retail investors from
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London close: Stocks rise as pound retreats after ECB

Meanwhile, the Council of Mortgage Lenders reported a 9% jump in gross mortgage lending for June, to £22.1bn. On the corporate front, rental
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South Africa's ANC to Discipline Member for Speaking Out on Zuma

A provincial structure of South Africa's ruling party is instituting disciplinary measures against a member who has called for President Jacob Zuma to
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Geauga Savings Bank opens Beachwood location

Geauga Savings Bank opened a new office June 27 in Beachwood, where the bank held an official ribbon cutting ceremony to formally open the office
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​Fastest Growing Company 2017: ​Landmark Title

Landmark Title is a real estate title company that serves a variety of clients — Realtors, mortgage brokers and builders — throughout Northeast Florida
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Web Seminar E-signatures in banking: Looking beyond the initial use case

Over the past five years, retail and commercial banks, credit unions, and other financial services organizations have been adopting e-signatures for a
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The Progression of Women's Golf Is Plunging Further Than Our Necklines

Earlier this month, the LPGA released a new dress code policy that greatly restricts female athletes' apparel choices on the golf course. Among the
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Why Banks Are Unprepared To Tap The Profit Potential Of Digital

Virtually every U.S. bank is engaged in some form of digital initiative. The promises of digital technologies include lower operational costs, more
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Key mortgage rates mixed for Thursday

The average rate you'll pay for a 30-year fixed mortgage is 3.86 percent, … help you calculate how much interest you'll pay over the life of the loan.
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Pemex Eyeing International Collaboration for Mexico E&P Farm-Outs

Pemex Eyeing International Collaboration for Mexico E&P Farm-Outs … public offering (IPO) amid a buying frenzy in the Sao Paulo stock exchange.
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HDFC to raise Rs 3500 crores through NCD

Mortgage lender HDFC Ltd proposes to raise Rs 3,500 crore through a private placement basis by issuing non-convertible debentures (NCDs) to
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Miami has one of the least affordable housing market in America

The HUD analyzed America's markets by looking at rent as a percent of income, as well as average housing costs as a percent of median household
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Qatar banks face liquidity challenge over Arab diplomatic feud

DUBAI (Reuters) – Qatari banks may need more cash injections from the state and new sources of funding from outside the Gulf region because of the
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EBRD invests in Garanti Bank's covered bond

EBRD invests in Garanti Bank's covered bond

Gökhan Erün, Deputy CEO of Garanti Bank, commented: “We attach great importance to green mortgage loans for the financing of environmentally
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The 5 Largest Private Equity Real Estate Investment Deals In Asia In Last Five Years

A substantial part of the deal flow falls within the real estate segment. Stable returns, rising demand and relatively easy divestment processes are
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Tiny house financing: What you need to know

Indeed, as the tiny house industry matures, options for financing these … house or apartment commanding a hefty down payment and mortgage, the
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Second-quarter sales reports: Palm Beach real estate action brightened

Palm Beach real estate agencies released second-quarter sales reports this week, which generally showed that single-family sales and prices were
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Gotcha: US and Europe Take Out Dark Web Sites

Law enforcement agencies in the United States and Europe announced a massive sting operation that took out two of the three biggest websites on
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Apple ranked as most profitable US company by far on newest Fortune 500 ranking

In Fortune magazine's 63rd composition of the list of Fortune 500 companies, Apple has seized the third spot in revenue, behind only Walmart and
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Vero, LLC and Allied Solutions Partner to Develop Innovative Solutions for Credit Unions and Auto …

As a result of the partnership, Allied Solutions, a leading provider of insurance, lending and risk management solutions to financial institutions,
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Seattle, Dallas top US home price gains in June

“But even in areas where the housing market has slowed, home values are at or very near peak levels, selection is limited, demand is high and
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You can get art, with no buyer's remorse, at Minneapolis Art Lending Library

Yes, that headline is a fact, in part thanks to the Minneapolis Art Lending Library. Operating like a cross between a bookmobile and a mini-art gallery,
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Bedrock Is a Major Force in Motor City

The full-service firm — which acquires, leases, finances, develops and … Quicken Loans Inc., the mortgage lending giant headquartered in Detroit.
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Why Google, Facebook, and Amazon Should Worry About Europe

U.S. tech companies have soared to the top ranks of the Fortune Global 500 in recent years. Foreign regulators say they did it by cheating. Could their
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What President Trump Doesn't Get About Republicans in Baltimore

President Donald Trump, in a wide ranging interview with the New York Times on Thursday, expressed some reservations about Deputy Attorney
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RFR refis Union Square office building with $105M loan

Aby Rosen's RFR Realty refinanced the once troubled 90 Fifth Avenue office building with $105 million in loans from the Goldman Sachs Mortgage
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Intel Looks Like It Is Shutting Down Its Wearables Unit

That's quite a contrast from two years ago when Aysegul Ildeniz, then vice president and general manager of Intel's New Devices group, told Fortune
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Canadians Are Taking Over US Real Estate At Record Speed

Canadians spent twice as much buying U.S. real estate between April 2016 and March 2017 than they did the year before, according to a new survey
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Trump's Advisors Are Against Him as He Embraces Russia

President Donald Trump's persistent overtures toward Russia are placing him increasingly at odds with his national security and foreign policy
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South Africa Cuts Key Rate for the First Time in Five Years

A red pedestrian crossing light shows on a road near the headquarters of the South African Reserve Bank. Photographer: Waldo Swiegers/Bloomberg.
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Bitcoin Gains Most Since May as Split Seen Being Avoided: Chart

Bitcoin rallied as much as 16 percent to $2,624.87, the most since May 22, on optimism that a split of the digital currency will be avoided. Bloomberg
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Inland Real Estate Acquisitions purchases Texas shopping center

OAK BROOK Inland Real Estate Acquisitions has negotiated and helped close the purchase of Denton Village, a 46,300-square-foot shopping center
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Average US mortgage rates fall; 30-year at 3.96 percent

WASHINGTON — Long-term U.S. mortgage rates declined this week after two straight weeks of increases. The benchmark 30-year rate slipped back
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National MI's housing market consultant: More than 40 Percent of young home buyers make down …

National MI's housing market consultant: More than 40 Percent of young home buyers make down …

The findings are included in the National MI Market Snapshot, written by renowned housing market research firm John Burns Real Estate Consulting
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Fortescue up for 'astronomical' sum

… that an indigenous group in the Pilbara had exclusive native title rights over land on which the company built a multi-billion-dollar iron ore mine.
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Sabah al-Binali: How Chelsea FC is a financial innovator

I just found out that Chelsea Football Club is applying ideas from financial leasing to their football player lending programme. I was shocked.
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Jamie Davidson: Perfect storm for Scots property borrowers

Borrowers can expect to benefit as competition among lenders heats up, says Conduit Finance founder Jamie Davidson. Picture: Phil Wilkinson
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US housing market red hot as typical home now costs over $200000

A typical home in the United States is worth over $200,000 for the first time ever, with prices up 7.5% compared to a year ago, the latest index data
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Reconfigure Healthcare Exposure With Smart Beta ETFs

… companies in each sector rather than their market value, so RSP favors consumer discretionary, real estate and utilities sectors, but the equal-weight
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Chase Investment Counsel Corp Purchases New Position in Philip Morris International Inc (PM)

Philip Morris International logo Chase Investment Counsel Corp purchased a new position in Philip Morris International Inc (NYSE:PM) during the first
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BB&T reports record second quarter earnings; Performance driven by record quarterly revenues

Excluding planned runoff from sales finance loans, residential mortgage loans and PCI loans, average loans held for investment increased $1.9 billion
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Lending Cupboard seeing support at a time of increased demand

Central Albertan's looking to rent medical equipment have been able to do so for ten years, and the Lending Cupboard is seeing no slow-down to their
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Apple Earns Title of World's Most Profitable Company on Fortune Global 500 List

Where Apple sits above all other companies is in the profits category, earning the title of the most profitable company in the world with an annual profit
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McDonald's Takes on the Fast-Food Dead Zone

To lure more mid-afternoon customers, McDonald's Corp. is rejecting its recent health-food kick and rolling out the sweets: croissants, muffin tops and
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Vendor and Lender News/Updates; Academy Buys First Mortgage and Cunningham

The Mortgage Collaborative announced a new partnership with national correspondent investor and mortgage loan servicer, The Money Source.
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Insider Trading at Micro Focus International plc?

Citigroup Inc. reaffirmed a “buy” rating and set a GBX 2,755 ($35.98) price objective on shares of Micro Focus International plc in a research report on
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Three Top Trends Driving Green Lease Leaders

Three Top Trends Driving Green Lease Leaders … was a driver of value and measuring the quality of real estate” was a key motivator in supporting the
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First American Corporation (New (FAF) Hits New 52-Week High

Shares of the company are trading at $46.12 slightly over the 50 day … The Company operates through the title insurance and services segment, and
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Sunac shares soar after it quit plans to buy Wanda's hotel assets

But Bocom International estimated in a report on Thursday that even with such a low price, initial annual yield would be just 4.4 per cent, considering
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BARING ASSET MANAGEMENT Ltd Reduces Position in Honeywell International Inc. (NYSE:HON)

BKD Wealth Advisors LLC increased its position in Honeywell International by … BKD Wealth Advisors LLC now owns 4,547 shares of the conglomerate's stock worth $568,000 after buying an additional 18 shares in the last quarter.
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Saudi Prince Arrested After Videos Appear to Show Abuse

Dubai, United Arab Emirates (AP) — A Saudi prince has been arrested after a video emerged online purporting to show him abusing someone and
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Should America's Tech Giants Be Broken Up?

His conclusion: Amazon.com, Facebook, and Google have become too big and too powerful and, if not stopped, may need to be broken up.
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Crash ahoy! London real-estate prices stagnate

In a world of expensive urbanization where the spiraling cost of basic shelter has forced ever-more people into debt and fuelled a speculative global
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INREV begins work on €150bn asset-level real estate index

INREV begins work on €150bn asset-level real estate index

European real estate investment association INREV has begun work on an index that will track the performance of €150bn of real estate assets.
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S&P flags possible ratings upgrades for bank hybrids, bonds

The three major global ratings agencies have backed the prudential regulator's move to lift the banks' equity target, declaring the bigger buffer will
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5 Fascinating Numbers About Bank of America's Mobile Banking App

Mobile banking isn't the future of banking; it's the present. And few banks have cracked the nut on mobile banking as well as Bank of America
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Term Sheet — Thursday, July 20

Fortune's Jen Wieczner reports: SoFi got into the real estate business when it began offering mortgages in the fall of 2014. But the title insurance
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As Popularity of PACE Clean-Energy Financing Increases, Lawmakers See Need for Reforms

They also object to PACE financing's treatment as as a tax assessment … calling for PACE financing programs to be reclassified as mortgage loans,
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Managing a HECM Reverse Mortgage When One Spouse is Significantly Older Than the Other

Today, a NBS can remain in the house after the borrower's death but cannot draw any funds from the borrower's reverse mortgage. How then does the
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Pacific Life Foundation Donates $1 Million to HomeAid Orange County

BUSINESS WIRE)–The Pacific Life Foundation today announced a $1 … lost their housing and are in need of immediate assistance,” said Tennyson
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Drop in Moldovan bank lending to private sector slows in June – table

Private lending in lei fell 5.36% on the year to 22.06 billion lei in June, compared to a 6.6% annual drop in May, BNM said in a statement.
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Second Story Real Estate Management Connects Property And People

With a booming real estate market creating dozens of new commercial properties, apartments and building restorations in Chattanooga, entrepreneur
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Letters: Climate sceptics, renewables and banking

Re “Most Liberal MPs are climate sceptics” (July 17). It is difficult to determine which comment in this article is more depressing: that Malcolm
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The 3 Pillars of a Successful Onboarding Strategy in Banking

The 3 Pillars of a Successful Onboarding Strategy in Banking … psychology to onboard, retain and maximize the value of new banking customers.
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These are Chicago's hottest neighborhoods

The real estate market in Bridgeport scored a rare two-fer in the first half of 2017: it's the only city neighborhood that landed on two hot lists at the same
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Mortgage rates seesaw lower as Congress flails and investors flock to bonds

The 30-year fixed-rate mortgage averaged 3.96% during the July 20 week, down from 4.03%. The 15-year fixed-rate mortgage averaged 3.23%, down
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Freddie Mac: Economic uncertainty pushes mortgage rates lower

As the market becomes less certain about the current state of the economy, mortgage rates inched lower, once again falling below the 4% mark.
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Closing the gender gap: Women founders win on crowdfunding platforms

… inclusion program at PwC, said the dearth of women in the traditional financing world is a difficult hurdle to overcome — men lend more to other men
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Share buyback on the cards at ANZ

Sentiment about capital management in the banking sector has dramatically shifted from the risk of dilutive equity raisings to the prospect of share
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Mortgage rate falls on weak Treasury yields

Mortgage rates dipped back below 4 percent last week, offering modest relief to budget-conscious home buyers seeking to hit a certain target in their
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R4 Capital Finances New Construction in Anchorage

NEW YORK–(BUSINESS WIRE)–R4 Capital, a national affordable housing tax credit syndicator, lender, and asset manager announced today it
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US 30-year mortgage rates fall back below 4 percent – Freddie Mac

NEW YORK, July 20 (Reuters) – Interest rates on U.S. 30-year mortgages dropped back below 4 percent this week in line with a drop in Treasury yields
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Business & Real Estate: Where prices are headed by year's end

Currently, we have approximately three and a half months of inventory, a historically low amount, based on a normal availability of seven to eight
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RateSetter Upheaval: P2P Lender Shoulders Struggling Loans, Backs Away from Wholesale Lending

RateSetter Upheaval: P2P Lender Shoulders Struggling Loans, Backs Away from Wholesale Lending

The widely reported series of events have culminated in approximately £80 million worth of loans being taken over by the P2P Lender. This amount
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Mortgage lending in UK up 9% in June but activity still sluggish

Mortgage lending in the UK reached £22.1 billion in June, some 9% higher than the previous month and 3% higher than the figures for June 2016, the
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Midsummer Metrics

You can sign up for a free trial of Zelman & Associates' The Z Report, a twice monthly must-read compendium of analyses on residential real estate's
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Iran Still Undecided on Buying S-400 Systems From Russia

Iran has not yet decided to buy Russia's S-400 air defense systems, Iranian … Abdolkarim Banitarafi said Thursday at the MAKS-2017 International
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Encore Wire Corporation (NASDAQ:WIRE) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. owned 0.19% of Encore Wire Corporation worth … and industrial buildings, homes, apartments, and manufactured housing.
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US homes are now more valuable than ever

The median value of all homes in the United States in June was more than $200,000, according to Zillow. The reason behind the rise in those values
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Affordability may still deteriorate despite a 'cooling' housing market

Much is being made of a cooling in key property markets, but a senior analyst warns that even a halving of price growth probably won't help first home
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The Perfect Storm in the Housing Market

A combination of high demand, lack of inventory, and rising prices have led to what can be called the perfect storm in the housing market. In an article
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KeyStoneB2B Introduces New Title Product to Accelerate Mortgage Contract to Close Period

KeyStoneB2B offers a network of title companies that have been vetted according to lenders' rules and guidelines. In addition, banks, credit unions
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(STC) Shares Trading up at $46.35 Stewart Reports Results for the Second…

The Company operates through two segments: title insurance and ancillary services (title) and corporate. The Company operates through a network of
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People's United To Acquire Major Equipment Financing Lender

Bridgeport-based People's United Bank has taken another step in diversifying its lending business, announcing the acquisition of one of the largest
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MGIC revenues fall slightly in Q2 2017

Mortgage Guaranty Insurance Corp. reported its revenues saw a slight drop in the second quarter of 2017, down from the same quarter last year,
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Later-life lending: 'We can only see demand for advice growing' – Marketwatch

This week Mortgage Solutions asked our experts what (if anything) would make them take a greater interest in the later life lending market? Richard
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Black Knight's First Look at June 2017 Mortgage Data: Delinquencies Hold Steady Despite …

JACKSONVILLE, Fla., July 20, 2017 (GLOBE NEWSWIRE) — The Data & Analytics division of Black Knight Financial Services, Inc., (NYSE:BKFS)
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Philly's next hot neighborhoods: They might be farther out than you think

To get a sense of just how robust the Philadelphia real estate market has become, look no further than the city's 19146 zip code, the Southwest Center
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Realty Executives Tucson Elite Honored as Brokerage of the Month for June 2017

The brokerage was recently recognized by REAL Trends for agent productivity, with The KMS Team, Corner Connect and The Property Partners
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Cover feature: Is the softening housing market just temporary?

With data and opinion both conflicted on the health of the mortgage market, is lending really heading downhill or on a longer-term path to growth?
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TML grows distribution with Thistle

The Mortgage Lender has added Edinburgh-based master broker Thistle Finance to its network of distribution partners. Thistle Finance specialises in
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Lending-as-a-service solution for banks raises $13m

A leading lending-as-a-service solution for banks and credit unions named LendKey has closed a Series C investment round, bringing its total
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DBRS Releases The Evolving Dynamics of the Danish Housing Market

DBRS Ratings Limited (DBRS) has today published a commentary entitled “The Evolving Dynamics of the Danish Housing Market.” The main points in
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Chinese investors set new record buying US real estate

Chinese investors set new record buying US real estate

Chinese investors set new record buying US real estate … International buyers purchased 284,455 homes, which accounts for ten percent of the dollar
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Data Sheet—Thursday, July 20, 2017

That was after Fortune Brainstorm Tech wrapped, with a thrilling final morning whose topics ranged from fake news to sexual harassment to national
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Australia to get open banking review

The open banking system was a federal budget measure, Mr Morrison told the Economic and Social Outlook Conference in Melbourne on Thursday.
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Mapping the industry's future

He eventually went independent with Intergroup Mortgages out of Edmonton and taught a night school course on financing in the real estate division
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Collections – Consumer Lending

Our client, a fintech company specializing in alternative consumer lending, is in search of an experienced collections coordinator ideally with 4+ years
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The Broadsheet: July 20th

Fortune's Maddie Farber looks at the ways in which the law will help narrow the gender pay gap—and the strategies that companies may use to get
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HDFC to raise Rs3,500 crore through NCDs

New Delhi: Mortgage lender HDFC Ltd proposes to raise Rs 3,500 crore through a private placement basis by issuing non-convertible debentures
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Saudi Arabia tenders to purchase 1.5 mln T feed barley

Saudi Arabia tenders to purchase 1.5 mln T feed barley … it has issued an international tender to purchase 1.5 million tonnes of animal feed barely.
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TOC Property Backed Lending Raises Less Than Targeted In Placing (ALLISS)

LONDON (Alliance News) – TOC Property Backed Lending Trust PLC said on Thursday it has raised GBP616,661 through the placing of 616,661
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Gross mortgage lending £22.1 billion in June

UK Finance estimates that gross mortgage lending reached £22.1 billion in June. This is 9% higher than May's lending total of £20.3 billion, and 3%
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The Insurance Companies That Are Financing Real Estate In New York, Chicago And Boston

A luxury apartment complex in Boston's upscale South End neighborhood. Amazon's midtown Manhattan headquarters and distribution center across
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Toledo home foreclosure rate drops 16 percent

Toledo's home foreclosure rate continues to drop, as the market approaches normalcy after being battered during the economic crisis. For the first half
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Less Than One Aircraft Carrier? The Cost of North Korea's Nukes

Pyongyang, North Korea (AP) — When North Korea decided to go nuclear, it committed to a huge investment in a program that would bring severe
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Vineland property sells for $465K | South Jersey real estate

312 Telegraph Road, Nathan Hiles and Tracy Flitcraft to Scioto Properties S-16 LLC for $295,000. BRIDGETON. — 84 Belmont Ave., Peterson Ad
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No one in Pa. should need a real estate license to list on AirBnB: Opinion

In Pennsylvania, as in many states across the country, the real estate is a heavily-regulated field controlled by brokers–licensed professionals who,
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Farm loan recoveries drop, banks stop fresh lending in Punjab

Banks in Punjab have stopped fresh lending to farmers who are defaulting on repayments in anticipation of debt waiver with loan recoveries
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Stewart Reports Results for the Second Quarter 2017

From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the
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National MI's Housing Market Consultant: More than 40 Percent of Young Home Buyers Make …

EMERYVILLE, CA–(Marketwired – July 20, 2017) – Forty-one percent of home buyers 36 years old or younger are making down payments of 5 percent
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Wild Bunch inks US deal for Cannes title '12 Days'

The company's founding co-chief François Scippa-Kohn did the deal with Eva Diederix, head of sales at Wild Bunch which is handling international
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Why Annaly Capital Management, Inc. (NYSE:NLY) Is Making Noise?

… MBS pools, to-be-reported forward contracts, commercial real estate loans, mortgage and securities servicing rights and adjustable rate mortgages.
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SAP Lifts Sales Outlook, Buying Back Stock on Cloud Growth

SAP Lifts Sales Outlook, Buying Back Stock on Cloud Growth

SAP SE raised its outlook for revenue after reporting a better-than-expected 10 percent quarterly sales jump, as it kept attracting customers to a new
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FNB Corporation Reports Second Quarter 2017 Earnings

Increased mortgage banking revenues from higher loan production volume were somewhat offset by seasonal declines in insurance commissions
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Branch Manager Lori Marrow to Lead PRMI's Newport News Office

Marrow comes to PRMI with 30 years of experience in the mortgage industry and will be responsible for the overall management of the branch,
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GST, RERA combo very positive for real estate sector: Pirojsha Godrej

Real estate developers are grappling with the introduction of both the Real Estate Regulation & Development Act (RERA) and the Goods and Services
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New Analysis Calls for NFIP Privatization

In the report “Reforming the National Flood Insurance Program: Toward Private Insurance,” Cato visiting fellow Ike Brannon and research assistant Ari
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5 Big Takeaways From Fortune Brainstorm Tech

Fortune's Brainstorm Tech conference wrapped up Wednesday and so after a few hours to ponder the last three days in Aspen, Colo., here are my top
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Danske posts £56.6m first half profits as lending jumps by 8 per cent

And following a record year for its mortgage business in 2016, Danske was still able to report that new mortgage lending approvals were up 7 per cent
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Native of Iran finds success in US real estate business

His father, the late Hassan Alishahi, was the first person to obtain a real estate license in Iran, according to Alishahi, so he knew he could succeed in
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Ellie Mae: 68 Percent of Closed Loans Are Home Purchase Loans

For the second consecutive month, purchase home loans remained at 68 percent of the closed home loan market while refinances remained at 32
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European bank invests in Garanti Bank's covered bond for use in green projects

Last month, we signed the first ever residential-mortgage covered bond agreement with the International Finance Corporation in Turkey to support
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The Battle for the Moon Begins

An increasing number of nations and companies are headed there. One group says the UN needs to start making more rules before it's too late. By.
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8 unavoidable truths about instant offer programs

If you live in a market like we did where a shift in real estate trends (or any other trend for that matter) comes at a glacial pace, then instant offers may
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NAFTA And Brexit Will Reshape Logistics Real Estate

And it highlights the way politics around issues like the renegotiation of NAFTA and the final terms of Brexit affect real estate, in particular logistics and
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Australian Job Market Strong as Focus Turns to RBA — Update

Australian Job Market Strong as Focus Turns to RBA — Update … growth, and potential systemic risk flowing from an overheated housing market.
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Mortgage lending topped £22bn in June

The figure brings total lending for quarter two of this year to £60.3bn, up 6% compared to 2016, and 3% higher than the first quarter of 2017.
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For Challenger Digital Banks, It's Game On

Game on. That's the message U.K. challenger Atom Bank has for competitors, as it seeks to reinvent banking with lessons taken from the video game
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IFC invests Rs 130 crore in Aavas Financiers

He also said Aavas is uniquely positioned in the expansion of the availability of mortgage financing to the affordable housing market segment. “Aavas
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Northern Vertex Closes Funding with Greenstone Resources and Sprott Lending to Advance The …

The Company has also received an additional US$5 million from Sprott Private Resource Lending (Collector), LP (“Sprott Lending”) under the credit
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How The Mortgage Interest Tax Deduction Lowers Your Payment

When you apply for a home loan, mortgage underwriters don't factor in the mortgage interest tax deduction. That's probably because not everyone
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India: IFC invests $20m in Aavas Financiers for affordable housing

IFC has invested around $300 million in six housing finance companies and one mortgage guarantee company in India since 2010 in the affordable
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Native title winners seek compensation

Native title winners seek compensation

A native title claimant group will seek compensation from Fortescue Metals … Woodley vowed to launch a compensation claim against the company.
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CEO Daily: Thursday, 20th July

The Fortune Global 500 list is out today, and perched on top, for the fourth year in a row, is—drum roll, please—Walmart. Truth is, with $485 billion in
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Stewart Information Services posts 2Q profit

The title insurance and real estate services company posted revenue of $485.5 million in the period. Stewart Information Services shares have
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Mortgage lending goes up but there could be trouble ahead, warns UK Finance

The new trade association, which has replaced the Council of Mortgage Lenders, said that gross mortgage lending is up 3% on last year at £22.1
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King & Wood Mallesons partner Scott Farrell to lead open banking review

King & Wood Mallesons partner Scott Farrell will advise the government on a regime to establish ''open banking'' in Australia. Jessica Hromas.
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Abu Dhabi 'turning most affordable housing market'

… which dominates the emirate's economy, said leading real estate portal Propertyfinder Group in its exclusive 'UAE Real Estate Trends 2017' report.
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Germany-Turkey Spat Deepens as Merkel Ally Warns Investors Off

Germany and Turkey traded barbs and threatened economic retaliation after the detention of a German human-rights activist sent already stormy
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Home prices keep rising – where's the bubble?

House prices in most capital cities have continued to rise into winter although the rate of growth has generally moderated as the recent driving force of
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Positive Buying Pressure Spotted in Shares of Powershares International Corporate Bond Portfolio …

Powershares International Corporate Bond Portfolio Etf (PICB) is seeing positive money flow as the Chalkin (CMF) indicator is holding above the zero
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Consumers 'face belt tightening as housing market activity reaches plateau'

“Looking ahead, housing market activity is likely to reflect economic conditions – a deterioration would likely dampen first-time buyer numbers and
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MGM Resorts International's (NYSE:MGM) Buy Rating Reaffirmed at Instinet

Finally, UBS AG reaffirmed a “buy” rating on shares of MGM Resorts International in a research report on Tuesday, April 11th. Highbridge Capital
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Broad need for financial help must drive lender change: Fullbrook

Obviously there are wider issues to overcome, such as insufficient quantities of affordable housing being built and a lack of higher-LTV lending.
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Fidelity National (FNF) Q2 Earnings Beat Estimates, Up Y/Y

In the second quarter, the company witnessed yet another solid performance by its title insurance business. Notably, the quarter marked the largest
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Online Lending Offers New Financing Options for SMBs

When looking for funding, small business owners are increasingly looking to online lending as an option. Banks and lending institutions have begun
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What a Chinese Bike-Sharing Company Can Teach Global Businesses

The old dock-based sharing systems are like first-generation PCs, Mobike cofounder and CEO Davis Wang told an audience at Fortune's annual
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Cost of a mortgage dropping

Following a period of stabilisation for mortgage costs and rates the majority of mainstream mortgages have come down in cost over the past three
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Hills firey lending a hand to put out Canadian forest fires

Australian contingent |members Dr Adrian Wayne, Tony Mennen, Brad Barton and Paul Musarra. Picture: Peter Nicholas. PERTH Hills firefighter Paul
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As mortgage rates ease, here come some new homes to buy

Anyone looking to buy a home got a double shot of good news this week: Not only are mortgage rates down for the second week in a row, but the pace
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LendingTree Announces Promotion of Sam Mischner to Chief Sales Officer and Head of Mortgage

Additionally, he will continue to be responsible for LendingTree's home lending product marketplace which includes refinance, purchase, home equity
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Amazon's 'Treasure Truck' May Be Coming to Your City Soon

Fortune 500Florida Man to Pay Thousands Over Insider Trading Charges Tied to … Fortune 500 … Get Data Sheet, Fortune's technology newsletter.
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Sharing Rentals Lowers Housing Prices

Sharing Rentals Lowers Housing Prices

The housing market thrives on bachelor suites and single tenancy buildings. Housing is not affordable because we keep paying landlords, who only
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Malaysia Bans 'Despacito' on State Radio, TV Due to Lyrics

Luis Fonsi and Daddy Yankee perform onstage at the Billboard Latin Music Awards at Watsco Center in Coral Gables, Florida, on April 27.
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TransUnion: December rate hike prevented 1 million Americans from paying their mortgage

A new analysis from TransUnion found that 10.6 million Americans could struggle to absorb their increased monthly payments after the Federal
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Housing market slump spreads to London's luxury properties thanks to Brexit

A slump in super-prime home values in London is rippling down the luxury property market. Sales values per square foot for houses priced between
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A Former Credit Suisse Banker Has Pleaded Guilty in an US Offshore Tax Case

A former Credit Suisse Group AG banker from Switzerland pleaded guilty on Wednesday to participating in a wide-ranging scheme to help Americans
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Indiabulls Real Estate Limited (IBREALEST.NS) Moves 0.02%

Needle moving action has been spotted in Indiabulls Real Estate Limited (IBREALEST. … ADX is used to gauge trend strength but not trend direction.
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Abu Dhabi's Gloomy Real Estate Market Strengthens Tenants Hand – Propertyfinder Group

Abu Dhabi's Gloomy Real Estate Market Strengthens Tenants Hand … measures, Propertyfinder Group's exclusive UAE Real Estate Trends 2017
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Nam Cheong to Restructure in Blow to Singapore Bond Market

… have contributed to some of the S$1.35 billion of defaults in Singapore's bond market since late 2015, according to data compiled by Bloomberg.
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Gross mortgage lending tops £22bn in June

Gross mortgage lending reached £22.1bn in June some 9% higher than May and 3% higher than last year, according to the latest UK Finance
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Fannie-Freddie Reform Might Hinge on Keeping Small Lenders Happy

Fannie-Freddie Reform Might Hinge on Keeping Small Lenders Happy … housing boom by cutting special deals with Fannie Mae and Freddie Mac.
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Gross mortgage lending up 9% in June: UK Finance

UK Finance has estimated that gross mortgage lending reached £22.1bn in June, 9 per cent above the total for May. The trade body, which
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NY Sells 3345 Shares of Tempur Sealy International, Inc. (TPX)

A number of equities research analysts have commented on the company. Finally, ValuEngine cut shares of Tempur Sealy International from a “buy”
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Tierra XP Latin America Real Estate ETF (LARE) Chaikin Money Flow Above Zero Line

Tierra XP Latin America Real Estate ETF (LARE) Chaikin Money Flow … An oscillator is an indicator that is used as a counter trend showing when the
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Yindjibarndi seek Fortescue Metals compensation after 'exclusive rights' Federal Court win

“I have found that the Yindjibarndi are entitled to exclusive native title rights … Woodley vowed to launch a compensation claim against the company.
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Native title winners seek Fortescue compo

A NATIVE title claimant group will seek compensation from Fortescue … over Pilbara land where the company operates the Solomon iron ore mine.
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Deals for UK Kawasaki buyers

Kawasaki UK will be handing out freebies to anyone buying a ZX-10R, Z1000 or Versys 1000 in July or August this year. The offer, which is currently
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Banks to settle Rs `4,00000 crore Debt

Banks are likely to take a haircut of 60 per cent, worth Rs 2,40,000 crore, to settle 50 large stressed assets with debt of Rs 4,00,000 crore, rating
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Gross Mortgage Lending Hits £22.1bn in June, Estimates UK Finance

Gross mortgage lending hit £22.1 billion in June, according to the latest estimate from UK Finance. This figure is 9% higher than May's lending total of
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Indonesia Based P2P Lending Startup Julo Raises Seed Funding From Skystar, Others

Indonesia-based peer-to-peer (P2P) lending company Julo has recently raised an undisclosed amount of seed funding from East Ventures, Skystar
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Big native title decisions could leave governments and companies exposed

Big native title decisions could leave governments and companies exposed … could also be passed onto third parties including mining companies.
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What Euro Bulls Will Be Watching If Draghi Makes a Dovish Turn

What Euro Bulls Will Be Watching If Draghi Makes a Dovish Turn

A dovish surprise from the European Central Bank could inflict a world of pain on euro bulls. Betting on the shared currency has almost become a sure
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Shakespeare Ranch in Glenbrook on Lake Tahoe housing market for $69 million (video)

July appears to be the month for multi-million dollar waves on Lake Tahoe's real estate scene. With one reported sale setting a record for closing price
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France Says 'We Want Our Money Back' as Brexit Talks Crawl On

France insisted that the U.K. pay a Brexit bill of as much as 100 billion euros ($115 billion), underlining the hurdles to substantial progress in
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Real Estate Reporter

About the Team: The Daily Business Review focuses its news coverage on the legal and real estate industries. From a base in downtown Miami, the
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US Senator John McCain Has Been Diagnosed with Aggressive Brain Cancer

WASHINGTON — U.S. Senator John McCain, the 2008 Republican presidential nominee known for political independence during more than three
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The US House Budget Committee Has Approved a Measure That Advances Tax Reform

WASHINGTON, July 19 (Reuters) – The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday
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Jane Austen's curious banking story makes her an apt face for the £10 note

My new book tells the story of her relationship with her favourite brother, Henry, a London financier with a small empire of country banks who acted
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June mortgage lending surges 9% to £22.1bn: UK Finance

Gross mortgage lending reached £22.1bn in June – 9% higher than May's total of £20.3bn and 3% higher than the £21.5bn lent in June last year,
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Richy Place eyes unit sales in 12 projects

The foreign quota was also nearly full as the location was popular among international buyers. “We use foreign agencies to help boost sales of the
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Infusion Brands International (INBI) CMF Showing Increased Buying Pressure

Infusion Brands International (INBI) is seeing positive money flow as the Chalkin (CMF) indicator is holding above the zero line. The Chaikin Money
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Slack Makes a Push for Developers as Competition Intensifies

SAN FRANCISCO — Slack Technologies Inc on Wednesday showcased new tools designed to make it easier for developers to build apps for the
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BMW Invests In Online Used Car Startup Shift

BMW has invested in Shift Technologies, an online marketplace for used cars, as part of a $37 million financing round. The funding was led by BMW's
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Letter: Quicken Loans is a scam

According to the ad, mortgage lending under the Home Affordable Refinance Program (HARP) requires no appraisal, little or no equity and reduced
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1st Security Bank Has Named C. Han Kim as Senior Vice President and SBA Division Manager

“We are thrilled to have the opportunity to add an SBA Lending Division under the leadership of C. Han Kim,” said Dennis O'Leary, Chief Lending
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The World's Most Powerful Women: July 20

British broadcaster the BBC released a list of its highest paid stars yesterday as part of its new 10-year funding settlement with the Conservative
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Indian Poultry Farms Are Breeding Drug-Resistant Superbugs

… by the World Health Organization as “critically important” as a way of staving off disease, an investigation by Bloomberg News showed last year.
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Tech Companies Are Pushing Back Against Biometric Privacy Laws

Industry groups representing the likes of Google, Facebook, Amazon.com Inc., and Wal-Mart Stores Inc. have used various arguments to defeat or
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Brookline Bank looks south of Boston for new business

Brookline Bank is aiming to build up its commercial and industrial lending south of Boston, hiring a lending executive from Rockland Trust to start a
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Marketforce to Host the Future of Lending on 19th September in London

The Future of Lending 2017 is the leading European forum on the transformative forces reshaping consumer finance.
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Russian Gets a Lengthy US Prison Sentence For Malware

A Russian man who U.S. prosecutors say played a role in developing the sophisticated malware known as “Citadel” used to steal personal financial
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