The Hurdles of Housing Inventory

The Hurdles of Housing Inventory

“A decade after the Great Recession, the housing market is rebounding,” Freddie Mac reported. “House prices today are higher than they were at the
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Port Augusta median house price on the rise

POSITIVITY: Port Augusta is returning to a normal housing market showing renewed confidence after fear surrounding the closure Northern Power
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Genworth Financial Announces Second Quarter 2017 Results

“The transaction will strengthen Genworth's financial position in the mortgage insurance and long term care insurance markets. Because of our
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Senate Republicans Seek to Move Past GOP-Only Health Debate

Top Senate Republicans are trying to move on from their partisan drive to replace Obamacare despite urging from President Donald Trump to keep
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Sleepy Japan Stocks Set for Rude Awakening, Strategists Say

If history is any guide, the months-long lull in Japanese equities could take an abrupt turn in the second half. Japan hasn't been an exception to a rare
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Fed Neutral Rate Estimate Drops, Lowest in Over Two Years

The so-called neutral U.S. interest rate fell in the second quarter by the most since 2010, according to a widely-cited estimate produced by Federal
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"Lower-Forever" Oil Isn't Forever-Ever

Ask the CEO of an oil company where they think the price of their main product is going, and the usual response is a deeply unsatisfying variation on “I
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Mass. foreclosure starts fall as home prices rise

Rising home prices have helped slacken the pace of foreclosure starts, according to The Warren Group, which reported Tuesday that June foreclosure
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How North Korea Could Start a War With America Right Now

Earlier this month, North Korea launched an intercontinental ballistic missile (ICBM) test capable of reaching Alaska. Much ink has been spilled as to
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Opinion: MBA's reform plan works

At long last the debate over housing-finance reform has begun in earnest, and … As a community banker and active mortgage lender, I just don't get it.
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Why mortgage support staff bonuses are so high

The bonuses lenders pay support staff for loans have skyrocketed — and there are no signs that it will normalize anytime soon. Total bonuses paid to
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Mortgage Relief Scheme Fails To Hit Targets

#THE mortgage relief programme, which the Christie administration said helped at least 441 people, has not performed as well as expected and will
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Real estate agents feeling good about outlook of Northern Kentucky market

Home sales have slowed slightly over the last month or so in Northern Kentucky, but not enough to stop real estate agents from being optimistic.
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New study reveals top 10 best cities for first-time homebuyers

July is one of the top months for home sales, according to WalletHub, and more than one third of homebuyers were first-time buyers. WalletHub's study
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Walmart's Amazon killer and a real estate startup are wooing NYC landlords

This week in the clash of retail titans Walmart and Amazon: Walmart's online shopping platform Jet.com is teaming up with real estate startup Latch to
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Mortgage REITs Have Paid Off Well

Mortgage REITs – at least those inside the portfolios of two exchange-traded funds – have been on a quiet tear. It's uncertain if that will continue.
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GSF Mortgage Names Tony Johncola Palm Harbor Branch Manager

gogsf.com GSF Mortgage Corp. has announced the addition of its newest branch in Palm Harbor, Fla., to be led by Branch Manager Anthony (Tony)
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MoF signs cooperation agreement to assign the 'Mortgage of Movable Property' project

The agreement was signed by HE Khalid Ali Al Bustani, Assistant Undersecretary of International Financial Relations Sector at MoF and Rashid
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Laptop Ban on Middle East to US Flights Has Been Lifted

The U.S. Transportation Security Administration said on Monday it has lifted a ban on passengers on Saudi Arabian Airlines carrying large electronics
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Why Advisers Should Consider New Direct Real-Estate Investing Option

Alexander Philips is chief executive and chief investment officer of TwinRock Partners, a Newport Beach, Calif., real-estate investment firm that works
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New York Mortgage Trust (NYMT) Receiving Somewhat Positive News Coverage, Analysis Finds

New York Mortgage Trust (NYMT) Receiving Somewhat Positive News Coverage, Analysis Finds

Media coverage about New York Mortgage Trust (NASDAQ:NYMT) has … The Company's investment portfolio includes residential mortgage loans,
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BBS profit drops on subdued housing market

The Botswana Building Society (BBS) reported a 13% fall in profit during the year ended March 31, 2017 amid a challenging economic environment
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The Analytic Steroids for Digital Lending

Lending in India is growing exponentially. SME Lending will be more than $500 billion, while consumer lending opportunity is expected to $1.2trillion+
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Costco Chairman and Co-Founder Jeff Brotman Has Died

Costco announced that Jeff Brotman, the company's chairman and co-founder, passed away this morning. He was 74 years old. Brotman, along with
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US May Buy 747s Once Set for Russia to Cut Air Force One Costs

President Donald Trump's administration may be poised to strike a peculiar deal for the next Air Force One planes: buying jumbo jets abandoned by a
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What's the First Step in Buying a Home? Your Answer, Here!

Real estate experts agree that long before you peruse listings or check out open houses, you should talk to a lender about getting a mortgage. “Talk to
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Rate-setters are banking on inertia but they must act before it's too late

The Bank of England will announce its latest decision on interest rates on Thursday. More than ten years have passed since the last time rates went up
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Beyond Pantries: This Food Bank Invests In The Local Community

Tom Ferraro, founder of the Rochester, NY, food bank Foodlink, set about solving the problem. Ferraro was familiar with a recent study showing that
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HPCL petrol pumps to offer banking services for Airtel Payments Bank

Airtel Payments Bank, India's first payments bank, on Tuesday announced a strategic partnership with Hindustan Petroleum Corporation Limited
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UPDATE 1-Investment banking boosts profits for French bank Natixis

PARIS, Aug 1 (Reuters) – French bank Natixis reported a better than expected rise in second-quarter profits to 487 million euros ($575 million) on
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Two producers and the banking school

Over the past several years, I have taught at an agricultural banking school sponsored by the Schools of Banking from Kansas and Nebraska. This is
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Europe's Banking Dysfunction Worsens

The more recent bank resolutions in Spain and Italy were made to look like touch measures in public terms, even as the Rome government quietly
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Anthony Scaramucci

The latest businessman to join the Trump administration left just 10 days after joining. But there are plenty of other private sector veterans still in D.C.
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Closer scrutiny a cure for ailing banking sector

Debt extended by Chinese banks continues to bulge, subjecting housing and stock markets to outsize volatility. This indicates that long-running
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Nintendo SNES Classic Edition Pre-Orders Start This Month

Fortune 500Why Apple and Google Dumped Over 300 Trading Apps From … Fortune 500Apple CEO Cook Defends Move to Censor Chinese Apps.
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Banking Brexodus is a trickle so far — but it could become a flood

A report released today from consultancy firm Oliver Wyman puts Brexit-related job losses in wholesale banking — that's services for large business
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Chinese property buyers increasingly attracted to Montreal real estate

“We're feeling it for sure,” said Angela Langtry, a real estate broker at Century 21 Immo-Plus. She believes that taxes on foreign buyers in Vancouver
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Lending rate remains at 10%, better weather cited

Lending rate remains at 10%, better weather cited … The Monetary Policy Committee yesterday retained the base lending rate at 10 per cent for the
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REBNY's political arm doubles down on breakaway group

Real Estate Board PAC, a political expenditure arm of the Real Estate … Real Estate Board PAC spent $43,500 across all its donations to individual
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HUD secretary promotes reverse mortgage reforms

WASHINGTON – The Department of Housing and Urban Development is implementing reforms to its reverse mortgage program and providing more
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