Alternative Lending: the New Norm?

Alternative Lending: the New Norm?

PayPal (PYPL) and Amazon (AMZN) are also players in the alternative financing and lending market since they supply small loans to their customers.
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Starlito Faces Harsh Realities in “Baby Fever” Video

The Nashville rapper drops the official music video for his “Baby Fever” … “Thats why I'm self employed, don't rent go get a mortgage,” he rhymes.
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Frost Bank Recognized for $8.8 Million to Affordable Housing

Frost Bank Recognized for $8.8 Million to Affordable Housing … DALLAS–(BUSINESS WIRE)–Frost Bank, a member of the Federal Home Loan Bank
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Virginia Martinez Joins New American Funding as Regional Manager

Martinez brings with her 25-plus years of mortgage banking experience, … Martinez is active with the National Association of Hispanic Real Estate
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TIAA CREF Investment Management LLC Has $2.64 Million Holdings in Encore Wire Corporation …

TIAA CREF Investment Management LLC cut its stake in Encore Wire … primarily as interior wiring in homes, apartments and manufactured housing,
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Hiring Trends Show Employers Are Cautious

Bloomberg Prophets Professionals offering actionable insights on markets, the economy and monetary policy. Contributors may have a stake in the
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Mahlangu suspended from UK banking school over Life Esidimeni allegations

Johannesburg – The Global Banking School in Bedfordshire in the United Kingdom confirmed to News24 that it has suspended Qedani Mahlangu,
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20 banks applied for new EU banking licences as they prepare for Brexit, a senior ECB official says

As many as 20 lenders have applied for new EU banking licences as they make preparations for a shift in Europe's financial services landscape after
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Zacks: Encore Wire Corporation (WIRE) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Encore Wire Corporation (NASDAQ:WIRE) have received a … Zacks has also given Encore Wire Corporation an industry rank of 123 out of … use primarily as interior wiring in homes, apartments and manufactured housing,
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Students learn about banking

business class9 J.J. Winter with BancorpSouth in Bruce spoke with students in Turner Moore's business class at the Career and Technical Center last
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Zoning: The Nemesis of Housing Affordability

It is no secret that major urban centers across the United States are experiencing steep increases in housing prices. While economic growth has
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Keystone Mortgage Corporation Announces $24500000 Construction-to-Permanent Financing of …

7, 2017 /PRNewswire/ — Keystone Mortgage Corporation, nationally recognized as a highly trusted advisor for commercial real estate financing
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Intuit Becomes Latest Technology Company to Offer Direct Lending

Intuit Inc., the maker of tax-preparation and accounting software, will start lending directly to smaller businesses as it becomes the latest tech company
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CoreLogic US Home Price Report Reveals Nearly Half of the Nation's Largest 50 Markets are …

IRVINE, Calif.–(BUSINESS WIRE)–CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider,
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Ted Cruz Is Pushing to Include Obamacare Mandate Repeal in Tax Bill

Senator Ted Cruz of Texas is pushing to keep alive the idea of including a repeal of Obamacare's individual mandate in the tax overhaul plan, even as
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Reshaping Peer-to-peer Lending with Crypto Assets

Peer-to-peer and marketplace lending had been developing exponentially in the wake of the 2008-2009 financial crisis. Alternative lending platforms
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Accounting software giant Intuit launches direct business loans

Financial software firm Intuit is offering loans directly to businesses with a lending product called QuickBooks Capital. The company, which makes
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Experts see some relief for Vancouver's tight housing market by late 2018

VANCOUVER — A real estate association watching Metro Vancouver's tight and costly housing market predicts conditions should begin to ease by the
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Demand continues to exceed supply in Kirkland housing market

Even though we're entering the time of year when home sales activity slows down, Redmond and Kirkland are still seeing red hot competition for the
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Microsoft: Help us kill off two banking trojans that learned from WannaCry

Video: UK banks are TrickBot trojan's favourite new targets. Microsoft has appealed to enterprise customers to help stamp out the Qakbot and Emotet
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SBI Launches Two Banking Products For Children

SBI Launches Two Banking Products For Children

The State Bank of India (SBI) on Tuesday rolled out two saving plans meant for the minors. One plan will cater to the children of any age group under
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Huge scope for real estate, says MP

Addressing the curtain-raiser function of Confederation of Real Estate Developers' Associations of India on its real estate expo from December 23,
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Intuit Unveils New SME Lending Product, QuickBooks Capital

EXCLUSIVE – Business software provider Intuit today launched its first loan product through QuickBooks called QuickBooks Capital. Users will be
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North Korea Sanctions on Banks Approved by Senate Committee

The Senate Banking Committee Tuesday unanimously approved strengthened sanctions against North Korea over its intercontinental ballistic missile
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Miami Attorneys Sink $8 Million Title Insurance Claim

Defense attorneys say a ruling allowing a plaintiff to claim millions above the damage cap would have hobbled the insurance industry's ability to price
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UHS among 2017 list of Fortune 500 “World's Most Admired Companies”

Fortune acknowledged Universal Health Services, Inc. (NYSE: UHS) as one of the “World's Most Admired Companies” again in 2017. UHS is
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School is in session, it's almost the holidays, yet the local housing market roars on

The school year has started, the holidays are almost here and yet there's been little seasonal slowdown in the Thurston County housing market. In fact
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Pangea Mortgage Capital Closes Two Recent Deals

Chicago, IL, November 07, 2017 — Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois,
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Trump's tax plan is full of goodies for wealthy real estate investors

The country's wealthiest families and individuals would, by contrast, benefit from the GOP tax plan considerably — especially those who are real estate
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Can Cryptocurrencies Solve What Traditional Lenders Cannot?

P2P lending is still very much a nascent and emerging area – according to a recent Fundera … P2P lenders may never fully displace traditional banks.
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Mortgage rates today, November 7, plus lock recommendations

Mortgage rates today will get no direction from any scheduled economic reports. There has been little information of any financial importance recently.
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Offshore Leaks Depict Apple's Quiet Shift to Island of Jersey

The European Union's high-profile investigation into Apple's tax avoidance ended last year with a $15 billion fine and an unanswered question: How
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Qatar Air Headed for Annual Loss Amid Saudi Blockade, CEO Warns

… to pursue opportunities for joint purchasing in areas such as ground handling, maintenance, components and fuel, Al Baker said on Bloomberg TV.
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Marriott International (NASDAQ:MAR) Shares Bought by Aperio Group LLC

Aperio Group LLC raised its holdings in shares of Marriott International … BidaskClub cut shares of Marriott International from a “strong-buy” rating to a
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Should You Join The Lending Club Bulls Ahead Of Q3 Earnings?

LendingClub Corp (NYSE: LC), an online marketplace that connects borrowers and investors, has seen its share of controversy over the years. After a
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Nearly half of nation's largest 50 metros reach overvalue point

Home prices increased across the nation, causing nearly half of the nation's top 50 markets to become overvalued, according to the latest Home Price
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160+ Showcasing Artists including Rapsody, Knox Fortune, Porches, and more

We are adding over 160 Showcasing Artists who will be performing at the SXSW Music Festival in March including Rapsody, Knox Fortune, and more.
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Low vacancy spurs big Napa, Solano industrial real estate projects

Napa and Solano counties have been enjoying a string of large industrial real estate deals in recent months, and a number of projects are moving into
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Your new agricultural lender

Drawing from my experiences of this year's round of banking and agricultural lending schools, the changing landscape of the industry is clear.
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More people buying first home, but market still tough

With prices still strong, he said some first-home buyers were finding it … Westpac NZ chief executive David McLean said the housing market had
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Democrat Wins Virginia Governorship in Race Where Trump Loomed

Democrat Wins Virginia Governorship in Race Where Trump Loomed

Ralph Northam answers questions while campaigning at the All Dulles Area Muslim Society following Friday prayers, on Nov. 3, in Sterling, Virginia.
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Banking Access Strategies for Cannabis-Related Businesses

A Report From the State Treasurer's Cannabis Banking Working Group … develop recommendations on strategies to address the cannabis banking
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Advantage Spain as Split Hurts Separatists' Fight for Catalonia

Catalan separatists failed to heal their divisions in time to establish a common front for December's election, boosting Spain's chances of restoring
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I Dined With Alwaleed in the Desert Days Before His Arrest

A senior official in the Saudi government told Bloomberg that the charges against Alwaleed include money laundering, bribery and extortion.
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Japanese real estate offers shakier refuge to the unsackable

Hundreds of listed, large- and mid-sized Japanese companies maintain chunky, non-core real estate divisions, with often attractive properties
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Most People Aren't Using This Critical Web Security Feature

The ongoing hacking epidemic is leading people to protect their online accounts—or so you would think. In reality, a study suggests about three
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Iran urges EU to take more steps to facilitate banking ties

TEHRAN, Nov. 7 (Xinhua) — Iran on Tuesday urged European Union for more efforts to facilitate banking ties between EU countries and Iran, Tasnim
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Czech President Favored to Win First Round of January Election, Poll Says

Czech President Milos Zeman has the best chance to win the first of two potential rounds among a wide pool of contestants vying for the country's
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Housing still more affordable than long-term benchmarks

However, the national payment-to-income ratio remains 2.8% below the 24.2% average in the late 1990s and 4.9% lower than the 26.2% average
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Essex County Company Buys Building After 20 Years Of Leasing

Bank of America provided a $4.1 million loan that included a 44 percent … In addition to mortgage financing, Bank of America also provided CPTC with
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How Digital Transformation Drives Big Deals for Qualcomm, Disney, and Google

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. It's a day of the big getting bigger, discussing
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Nashville's frenetic housing market slows slightly in October

Our market's dynamics are very positive, both in the local economy and the housing market,” Troxel said in a news release. “We expect to see a typical
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Black Knight's Mortgage Monitor: Despite Continued Home Price Acceleration, Housing Remains …

Black Knight's Mortgage Monitor: Despite Continued Home Price Acceleration, Housing Remains More Affordable Than Long-Term Benchmarks.
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DBRS Assigns Provisional Ratings to CD 2017-CD6 Mortgage Trust

DBRS, Inc. (DBRS) assigned provisional ratings to the following classes of Commercial Mortgage Pass-Through Certificates, Series 2017-CD6 to be
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New Mortgage Associate needed in Richfield MN!

One of the largest, most successful commercial banks in the U.S. is looking for a new processing/mortgage associate to work at their Richfield, MN
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Senate panel approves North Korea banking sanctions

The Senate Banking Committee on Tuesday unanimously approved new financial sanctions targeting North Korea and the businesses who help
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These Film Critics Are Boycotting Disney for Blacklisting the Los Angeles Times

Walt Disney's movies could see a dearth of awards this year due to a growing backlash over the entertainment behemoth's recent move to bar one
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Here's What Russians Really Think of Donald Trump

So what do Russians think of Donald Trump now? Fortune went to Siberia, Russia to find the answer to that question. See what we discovered in the
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Microsoft Looks to Get Back In the Game With Launch of Xbox One X

Microsoft was king of the video game hill with the Xbox 360, but things haven't gone nearly as well for the Xbox One. A significant stumble at launch
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Great Place to Work and FORTUNE Name Old Navy One of the 2017 Best Workplaces in Retail

Old Navy cultivates a community of playful personalities that thrive in a fast-paced environment where employees can be their most authentic selves.
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Senator Menendez Juror Asks Trial Judge: 'What Is a Senator?'

Senator Menendez Juror Asks Trial Judge: 'What Is a Senator?'

On their first full day of jury deliberations at the bribery trial of Senator Robert Menendez, a juror asked the judge a basic question: What is a senator?
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US House tax bill would shake up municipal market supply and demand

CHICAGO/NEW YORK (Reuters) – U.S. tax reform plans are already transforming municipal debt market dynamics, sparking a sharp rally even as
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Here's the BC housing market to watch out for in 2018

According to the Real Estate Investment Network's (REIN) report on the 10 top BC cities for housing market growth, Surrey tops the list because of a
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Fortune favours the bald at Japanese hotel

A chain of hotels in Japan is giving cheaper rooms to bald guests after complaints from cleaners about the mess left behind by people who still have
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Snap Will Overhaul Its App Just Nine Months After Its IPO

Daily users averaged 178 million, less than the 180.5 million estimate of analysts surveyed by Bloomberg. Shares tumbled as much as 22 percent in
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Maria Pennings

Maria Pennings Mortgage Services Partner (NMLS #1653338) South Central Pennsylvania and Northern Maryland Maria, the newest member of our
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Firebrand Brazilian Candidate Bolsonaro Turns to Liberal Economist

Brazil's firebrand presidential hopeful Jair Bolsonaro has turned to a free-marketeer and socially conservative thinker for ideas to help shape a
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Commentary: Blaming Mass Shootings on Mental Health Issues Alone Is Disgraceful

Brenda Woldridge (L) and Meredith Cooper embrace at a memorial outside the First Baptist Church, after a mass shooting that killed 26 people in
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Arbor Realty Trust, Inc. Announces Proposed Public Offering of Convertible Senior Notes due 2020

Arbor is a Fannie Mae DUS® Multifamily Lender and a Fannie Mae Small Loan lender, a Freddie Mac Program Plus® Seller/Servicer and a Freddie
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iPhone Owners Can Now Send Money to Friends Using Apple Pay Cash

As people line up to give Apple their hard earned cash for an iPhone X, the company has announced its smartphones are now able to send money to
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Fiona Eyster

Fiona Eyster Sr. Mortgage Services Partner, (NMLS #783534) Hanover, PA Fiona has more than 40 years of experience in helping our customers
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How to Sell a Home With Two Mortgages

When the closing is completed, the title company will then pay off each mortgage, and hopefully cut you a check for whatever is left over.
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The GOP Tax Bill Would (Accidentally) Help Renters

The revised mortgage interest deduction would make some homes more expensive to own, which would probably reduce home values. That's good
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Establishing a Sustainable Mortgage Market

The Housing and Insurance Subcommittee held its third hearing Tuesday entitled “Sustainable Housing Finance, Part III,” to further assess views and
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Yellow metal prices maintain value on buying

KARACHI: Yellow metal prices in international and domestic markets sustained value while ready market buying prices on gold futures speculation
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EU Tries to Hold the Line for the Next Difficult Phase of Brexit Talks

European envoys will discuss the format and length of the transition, according to a document drawn up for the meeting seen by Bloomberg. They will
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Sentiment Change Report: Iberiabank Corp (NASDAQ:IBKC)

The Firm is a holding firm for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title
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Homebuilders press to retain mortgage tax credit

The House GOP plan nearly doubles the standard federal tax deduction, and also caps the itemized deduction for mortgage interest on debt at
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Western Asset Mortgage Capital Corporation Announces Third Quarter 2017 Results

Western Asset Mortgage Capital Corporation Announces Third Quarter … We believe that this financing will enable us to acquire additional target
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Brisk Trade Highlights Day 1 of Keeneland November

The opening session of the Keeneland November sale Nov. 7 saw brisk trade from both domestic and international buyers. Tuesday was the first of
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Reality bites: housing's heady days are over

Reality bites: housing's heady days are over

This Government seems intent on cementing the slowdown in house price inflation. Policies such as bans on foreign buyers, Kiwibuild and reduced
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Capital One to lay off 950 from Plano center, exiting mortgage lending business

Capital One is planning to layoff 950 employees from its sprawling Plano campus in the coming months as the bank exits its mortgage lending and
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Technical Focus: Tracking Shares of VOYA Clarion Global Real Estate (IGR)

After a recent market check, we have noted that the Ultimate Oscillator reading is under 40 on shares of VOYA Clarion Global Real Estate (IGR).
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PGIM Real Estate's Menifee on Capital Availability in 2018

At the 2017 ULI Fall Meeting in Los Angeles, PGIM Real Estate Head of Americas Investment Research Lee Menifee shared his 2018 outlook for the
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Capital One Exits Mortgage Origination Business, Cuts 1100 Jobs

Capital One Financial Corp. will stop originating mortgage and home-equity loans after competition made it difficult for the businesses to be profitable.
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Donald Trump Jr. Interview Won't Happen This Month, Warner Says

Veselnitskaya told Bloomberg that Trump Jr. indicated during the meeting that a law targeting Russia could be re-examined if his father won the
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MBA: Mortgage interest deduction changes will spur "negative impact" on local housing markets

As the future of tax reform remains a hot-button issue, the Mortgage Bankers Association continues to stress the importance of the mortgage interest
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Capital One to cut 950 jobs nationwide as it shutters its mortgage origination business

Capital One Financial Corp.'s campus in the West Creek office park in Goochland County is the company's largest operations.
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Equity Financial Holdings Reports Third Quarter 2017 Results and Update to Bank License …

TORONTO, Nov. 7, 2017 /CNW/ – Equity Financial Holdings Inc. (TSX: EQI) (“EQI” or the “Corporation”), which offers residential first mortgage loans
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Kathy Brown

Kathy Brown Mortgage Services Partner (NMLS # 1330847) York, PA Kathy has more than 28 years of experience in providing superior service to our
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Bri-Chem Closes Extension and Increase of Its Senior Banking Facility and Refinancing of Its …

EDMONTON, Alberta, Nov. 07, 2017 (GLOBE NEWSWIRE) — Bri-Chem Corp. (“Bri-Chem” or “Company”) (TSX:BRY), a leading North American
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California treasurer wants the state to study a public bank option for pot businesses

California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of
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UPDATE – National MI Facilitates Mortgage Insurance Ordering with Integration to the PCLender …

EMERYVILLE, CA–(Marketwired – November 07, 2017) – National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc.
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Elizabeth Banks Compared the Real Estate Market to This Risky Pastime

The real estate market isn't for the faint of heart (or faint of wallet, for that matter), and Elizabeth Banks is well aware of this. “I have bought 3 homes,
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GOP Tax Plan Carries Benefits for the CRE Industry, with the Exception of Affordable Housing

The new tax reform proposal unveiled by the House of Representatives appears to bode well for the commercial real estate sector. The legislation
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This electric drying rack is saving me a small fortune on laundry

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your
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BRIEF-Lanesborough says in default on a mortgage loan as of Sept end

30, co was in default on one mortgage loan with expired forbearance agreement of $25.5 million​ Source text for Eikon: Further company coverage:.
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Unconscious bias holds back Japan's female potential, head of international trade body says

Arancha Gonzalez, executive director of the International Trade Center, … to promote international trade and advance the role of female entrepreneurs. … is because when you are online, you don't see from whom you are buying.
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Canadian M&A ahead of last year as PE and outbound deal activity increases through Q3

As for the real estate sector, development and operations businesses saw … Consistent with the broader trend, smaller outbound deals to the US
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Restaurant Brands International Inc. (NYSE:QSR) Shares Bought by Highstreet Asset Management …

Restaurant Brands International Inc. (NYSE:QSR) Shares Bought by …. BidaskClub downgraded Restaurant Brands International from a “buy” rating to
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5 Statistics That Explain the Link Between Domestic Violence and Mass Shootings

5 Statistics That Explain the Link Between Domestic Violence and Mass Shootings

… the hundreds, the number threatened is in the millions. Subscribe to the Broadsheet, Fortune's daily newsletter on the world's most powerful women.
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FHA losing customers rapidly as premiums spur refinancing

But the only way homeowners can cancel their FHA mortgage insurance is to refinance into a Fannie Mae or Freddie Mac conventional loan.
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Sustainable housing finance

… those implemented by the government-sponsored entities (GSEs) Fannie Mae and Freddie Mac—have done nothing to advance home ownership.
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EPS Forecast Revision Trends: Apollo Commercial Real Estate Finance, Inc. (ARI)

Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) was down -0.33% (-$0.06) to $18.29 and showed a volume of 0.85 mln shares. It has ranged
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Business Mobile App

Enjoy a seamless mobile experience designed exclusively for access to your Patriot Bank, N.A. Business accounts. With Patriot Bank, N.A.'s Business
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Is the mortgage tax deduction doomed?

It's a big deal because depending upon your financial position, the size of your mortgage and a variety of other deductions, it may be beneficial not to
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IBM Has a New Blockchain Idea: Tracking Marijuana Sales

Companies are using the digital ledger technology popularized by bitcoin in banking, insurance, and contracts—but how about using a blockchain to
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Northview Apartment REIT Reports Q3 2017 Financial Results, Strong Same Door NOI Growth of …

During the three months ended September 30, 2017, Northview completed $53.8 million in mortgage refinancing excluding short term financing with a
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EFF argues for nationalisation of SA banks in Parliament, banking sector hits back

Introducing a debate on the issue in the National Assembly on Tuesday, Malema said: “There are no banks in South Africa that have meaningful
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REALLY?! ECB chief Draghi praises reforms – while Italy crumbles under debt CRISIS

EUROPEAN Central Bank president Mario Draghi has praised reforms of European banks, seemingly ignoring warnings Italian financial firms may
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Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2017 Results

MOORESTOWN, N.J.–(BUSINESS WIRE)–Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (“Cherry Hill” or the “Company”) today reported
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PGA Tour Champions event in Tucson changes names, title sponsors

PGA Tour Champions event in Tucson changes names, title sponsors … cancer detection company title sponsor of the PGA TOUR Champions event in
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Mortgage Rates Tuesday: Rates and Affordability Are Down

The 30-year, fixed-rate mortgage and the 15-year fixed both fell two basis points, and the 5/1 ARM was unchanged, according to a NerdWallet survey
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Capital One suddenly exits mortgage and home equity business

Capital One President Sanjiv Yajnik company announced the company's decision in an email, which stated that the company has come a long way
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Kim Amberman

Kim Amberman Mortgage Services Partner, (NMLS #414907) York, PA As a local mortgage originator in York, Kim prides herself on working with
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State Bank of India Launches Blockchain Technology-Based Know Your Customer System

The State Bank of India (SBI) has announced that it is due to implement Blockchain technology in the management of Know Your Customer (KYC)
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These Are the Most Obese States in America

More than seven out of every 10 adults in the United States aged 20 or older can be considered either overweight or obese. It's a huge problem across
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Is Mental Illness to Blame for Gun Violence Like the Texas Shooting? Here's What the Facts Say

SUTHERLAND SPRINGS, TX – NOVEMBER 06: Joan Stanley (L) and her daughter Kellie Hawkins embrace at a barricade near the First Baptist
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GOP Senators Say Wind Tax Credit Is Safe in Their Tax Overhaul

… forecast to be installed in the U.S. would drop by half from 38 gigawatts through 2020 to 19 gigawatts, according to Bloomberg New Energy Finance.
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SELLING POINTS: This week's middle market sales and exclusives

Holliday Fenoglio Fowler (HFF) has been named to market for sale a $48 million sub-debt portfolio along with a $31.4 million senior mortgage loan
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NAR pens letter of support for Flood Reform Act

NAR pens letter of support for Flood Reform Act

The National Association of Realtors penned a letter Monday urging Congress to pass its Flood Reform Act, approving the key changes recently made
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Realty ONE Group Franchise Network Continues Expansion Throughout East Coast

The nation's 5th largest real estate brokerage, Realty ONE Group, is excited to announce its newest franchise, Realty ONE Group Dockside located in
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Why This Banking Veteran Thinks Goldman Sachs Should Can CEO Lloyd Blankfein

… lender, shifting away from its historic reliance on trading and investment banking, is too little too late, according to longtime bank analyst Dick Bove.
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California treasurer proposes banking strategies for cannabis industry

California expects to bring in $1 billion in annual tax revenues from the cannabis industry starting next year when retailers can begin adult-use sales.
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MIT report envisions the future of real estate in the US

CAMBRIDGE, MA—A new report from the MIT Center for Real Estate (MIT CRE) envisions how current trends—from demographic change to
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REAL ESTATE TRANSACTIONS: October 30 – November 3, 2017

Oct. 30, Emily Meegan, Donald Hubbard Nitchie, and Spencer Huntington Nitchie sold 165 State Road to Barbara Petersen Law and Edward K. Law
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Why Domestic Violence Is A Workplace Issue

Devin P. Kelley had a long and troubled history of violence and abuse before he walked up to the First Baptist Church in Sutherland Springs, Tex. and
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Shinola Unveils Its First Mechanical Watch

After years of requests, Shinola has finally unveiled a mechanical watch. The Detroit-based company's watches have, until now, used Swiss-sourced
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Huaneng Power International, Inc. (NYSE:HNP) Raised to “Buy” at Zacks Investment Research

Huaneng Power International, Inc. (NYSE:HNP) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued
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Gen Z Research Reveals Financial Savvy, Counterintuitive Banking Preferences

Gen Z also shows a notable streak of traditionalism in their banking preferences. The research finds that 56 percent of Gen Z respondents believe
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Real estate legend Bill Greiner dies

Bill Greiner, the venerable founder of commercial real estate brokerage Greiner-Maltz, has died after a brief illness. He was 94. A World War II veteran,
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TPG Specialty Lending, Inc. Announces Quarter Ended September 30, 2017 Financial Results …

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported net investment income of $30.9 million,
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Japan earmarks Q2 2019 for T+2 settlement shift

Japan has unveiled a “tentative” timeline for its exchanges' shift from a T+3 to T+2 settlement cycle, with eye towards Q2 2019. The implementation
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Kennedy, McGee race in the home stretch

Mayor Judith Flanagan Kennedy, left, and state Sen. … covering real estate trends such as the emergence of Assembly Square in Somerville and … In Lynn, Thomas covers City Hall and commercial real estate development including
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Another Former TNA Title Holder Announces Departure

Another Former TNA Title Holder Announces Departure … and was a member of The Ascension with Conor before he was released by the company.
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Frank Fontana Is The Man…Or Should We Say The Real Estate Broker?

First, they congratulate him on becoming an real estate broker. They also talk about how to designing your home to sell, the improvements happening
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Credit Unions Tighten Mortgage Lending Standards

The report found that lending standards were almost unanimously loosened in 2016 with one outlier–Non-QM Jumbo loans–while the direct opposite
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Victory Capital Management Inc. Grows Holdings in MGM Resorts International (MGM)

UBS AG reiterated a “buy” rating on shares of MGM Resorts International in a research note on Monday, July 10th. Instinet reiterated a “buy” rating on
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Tremont Realty Capital to be Featured on Bridge Loan Panel at IMN Real Estate Mezzanine …

Tremont Mortgage Trust is a real estate finance company that focuses primarily on providing borrowers flexible capital solutions for middle-market
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South African Stocks Regulator May Seek Foreign Help in Gupta Probe

A trove of emails seen by Bloomberg showed that family money was used to inflate the share price of Oakbay Resources on its Johannesburg Stock
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Recession Brewing in the US Economy; Consumer Struggle Remains Staggering

Recession Brewing in the US Economy; Consumer Struggle Remains Staggering

… one of the lowest since November of 2016. (Source: “30-Year Fixed-Rate Mortgages Since 1971,” Freddie Mac, last accessed November 6, 2017.)
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Fortune: Wegmans tops our "Best Workplaces" in retail list for second straight year

For the second straight year, Wegmans has been named the top place to work in retail by a nationwide publication. Fortune magazine, along with
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One of the World's Best Restaurants Now Has Crickets on the Menu

John Chambers, former longtime CEO of Cisco, likes to call himself a growth and disruption guy. “I get market inflections,” he says. The latest inflection
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Intuit Inc. (INTU) Gets Into The Lending Business

Intuit Inc. (NASDAQ:INTU) is following in several other tech companies' footsteps and will soon add money lending services to its suite of business
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Walmart Rejected Apple Pay and Now It's Paying Off: Here's Why

Walmart's decision to turn its back on a major Apple initiative might have been a smart gamble. In a study from Pymnts.com, 5.5% of iPhone users said
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Miami Beach Lender, Broker Convicted in $20 Million Mortgage Scam

A federal jury Monday convicted a real estate professional in a $20 million mortgage fraud involving a Fort Lauderdale luxury condominium building.
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How Urine Testing Became Big Business

The story is definitely worth a read: Here's another link. This essay appears in today's edition of the Fortune Brainstorm Health Daily. Get it delivered
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Encore Wire Corporation (WIRE) Stake Lessened by Hodges Capital Management Inc.

Encore Wire Corporation comprises about 2.9% of Hodges Capital … and industrial buildings, homes, apartments, and manufactured housing.
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Capital One to cut 950 jobs nationwide as its shutter its mortgage origination business

Capital One Financial Corp., the largest private employer in the Richmond area, is exiting its home mortgage origination and home equity business,
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Sia Beats Paparazzi to the Punch By Posting Her Own Nude Photo

Subscribe to The Broadsheet, Fortune's daily newsletter on the world's most powerful women. The photo has a watermark from an unknown photo
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PGA TOUR Champions and Exact Sciences announce Cologuard Classic as new title of Tucson …

… manufacturer of Cologuard, announced today an agreement making the early cancer detection company title sponsor of the PGA TOUR Champions
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International crime ring leader sentenced to more than 5 years in prison

International crime ring leader sentenced to more than 5 years in prison … “He was buying and selling the most stolen property in the area, and they
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Boundary Issues: Expand Services to Best Serve Our Growing Community

The housing market today is tight. We have about two months or inventory of homes on the market for sale. Occupancy rates for rental housing are as
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Black Knight: Housing is More Affordable Despite Rising Prices

In Black Knight's number crunching, the current national level needed to purchase a median-priced home is 21.4 percent of the median income, which
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Should 'Female Viagra' Have Ever Been Approved?

Sprout Pharmaceuticals CEO Cindy Whitehead holds a bottle for the female sex-drive drug Addyi at her Raleigh, N.C. August 18, 2015. Allen G. Breed
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These Cute Puppies Want You to Enroll in Obamacare

Would a puppy video make you want to buy health insurance? One Florida insurer definitely hopes so. Florida Blue, is using puppies in one of its
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How New Mortgage Rules Will Affect You

If you're hoping to buy or looking to refinance, new mortgage stress testing rules coming January 1st may affect what you can qualify for. Mortgage
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Home Prices Up Again Amid Overvalued Metro Housing Markets

Home prices were up by seven percent on a year-over-year measurement in September, according to new data from CoreLogic.
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The Tocqueville Asset Management LP Increases Position in Capstead Mortgage Corp. (CMO)

… enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac)
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Demonetisation effect: Cash-surplus banks cut costly deposits

The liquidity boost resulting from the demonetisation announcement on November 8, 2016 has stayed with the banking sector a year after the event,
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BankThink Banking is a team sport, so choose your players wisely

BankThink Banking is a team sport, so choose your players wisely

I started on Wall Street in 1980 as an investment banker in Lehman Brothers' natural resources group. With very few women in financial services at the
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Chicago Equity Partners LLC Grows Holdings in Invesco Mortgage Capital Inc (IVR)

PNC Financial Services Group Inc. lifted its stake in Invesco Mortgage Capital by 203.6% in the 1st quarter. PNC Financial Services Group Inc. now
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FHA vs Conventional Loans: Eligibility, Credit, and How to Choose

Unless you're already a mortgage expert, picking between an FHA loan and a conventional loan can be tricky. Luckily, we're about to lay it all out for
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European Parliamentarians support increasing credit union business lending

Credit unions have a long history of business lending in Europe beginning in the 1850s with agricultural loans. Today, European credit unions have
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Lab Report: What to Watch on Election Day

(Housing Wire). Beltline purchase complete: Atlanta plans to allocate $60 million to buy the land necessary to complete the 22-mile Beltline, which will
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Senate banking panel backs new North Korea sanctions

WASHINGTON (Reuters) – The U.S. Senate Banking Committee unanimously backed new sanctions on North Korea on Tuesday, seeking to send a
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NZ property market starting to bounce back after election – Trade Me

The New Zealand property market is showing signs of stronger demand after a quiet start to spring, according to the Trade Me Property Price Index.
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In Bethlehem, arts and groceries offer lesson in lending | Guest column

In Bethlehem, arts and groceries offer lesson in lending | Guest column. Updated November 7, 2017 at 9:17 AM ; Posted November 7, 2017 at 9:15 AM.
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Stock Performance Review on Banking Industry — Hope Bancorp, PacWest, SVB Financial, and …

Moreover, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services
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A Growing Number Of Realtors May Signal A Real Estate Bubble

Exuberance of amateurs in a sector or industry may be a sign of a bubble. The number of licensed realtors tends to rise with real estate prices.
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Big real estate group names Suzanne Kinney new president

Suzanne Kinney was named president of the Arizona of chapter of NAIOP, a leading commercial real estate group. Kinney previously was a senior
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Dutchess housing market booming with supply low

Closing sale prices for Dutchess County homes are on the rise and industry experts expect that to continue with the number of homes on the market
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More housing markets are overvalued, and consumers feel the pain

Home prices rose 7 percent nationally in September 2017, compared with September last year, according to CoreLogic. As a result, 48 percent of the
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Chris Hurn of Fountainhead Commercial Capital Named SBA 504 Lender of the Year

7, 2017 /PRNewswire/ — Fountainhead Commercial Capital's CEO and founder Chris Hurn was recently named an SBA 504 Lender of the Year by the
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How to find a great house in a low-inventory market

For years now, we've been hearing about the Washington-area real estate market's struggle with low inventory and, consequently, how ripe conditions
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Banking Association SA says nationalisation of banks is 'alarming'

JOHANNESBURG – Following the debate in parliament regarding the nationalisation of banks, the Banking Association South Africa (BASA) has come
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Key Retirement to offer later life lending insight at FP Show

Key Retirement Group will discuss lending to older borrowers in its seminar at the Finance Professional Show (FP Show), which takes place tomorrow
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Proposed Capital Simplification Rule

The proposed new treatment covers (i) mortgage servicing assets, (ii) certain … Under the proposed rule all credit facilities financing the ADC of real
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Beenest Begins Decentralized Future for Short-Term Housing Rentals

SAN FRANCISCO–(BUSINESS WIRE)–“Blockchain technology will disrupt many industries in the near future. We're proud to announce that Beenest
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Marcher banking trojan campaign attacks Austrians' finances three different ways

The latter two techniques come courtesy of the Marcher banking trojan, which, according to a Proofpoint blog post published last Friday, is being used
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Should You Buy American International Group, Inc. (AIG) or MBIA Inc. (MBI)?

Should You Buy American International Group, Inc. (AIG) or MBIA Inc. (MBI)?

American International Group, Inc. (NYSE:AIG) shares are down more than -4.32% this year and recently increased 0.79% or $0.49 to settle at $62.49.
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50 Banks Have Discussed Brexit Moves With Supervisors

An anti-Brexit demonstrator waves a Union flag, also known as a Union Jack, with an European Union (EU) flag outside the Houses of Parliament in
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New American Funding Hires Industry Leader as New Regional Sales Manager

The company's a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender.
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The Companies With the Most to Gain as China and Korea Make Up

… more than 50 percent of duty-free revenue in 2016 generated by Korean retailers of cosmetics and accessories, according to Bloomberg Intelligence
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Alphabet Launches the First Taxi Service With No Human Drivers

For almost a decade, self-driving cars have graced public roads — but always with a person behind the wheel. Now Waymo is yanking the driver.
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Saudi Arabia Says Only Private Accounts Suspended in Crackdown

Saudi Arabia said it has only frozen the bank accounts of individuals and not those of the companies they own or manage, as the kingdom seeks to
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Netflix Unveils First Comic Book Title, Mark Millar's 'The Magic Order'

Netflix Unveils First Comic Book Title, Mark Millar's 'The Magic Order' … will be released in both print and digital formats, according to the company.
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As Nikkei Hits Highest Since 1992, Some Say Party Just Begun

It's pick-a-number time for Japanese stock bulls after the Nikkei 225 Stock Average zoomed past 22,666.80 on Tuesday to close at the highest since
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Mortgage Credit Availability Takes a Dip

Mortgage credit availability took a slight dip in October, breaking what had been a flat but generally upward trend for the past several months.
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Nationstar in Play; New Lender; State Credit Scores and Lending Changes

($500,000 is the proposed maximum balance on which mortgage interest would be deductible … News From Nationstar, Mr. Cooper and a Start-Up …. KY has hired Jason Howze as National Sales Manager for its Mortgage Division.
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Current Mortgage Rates for Tuesday, November 7, 2017

It's another slow day with little market action, keeping mortgage rates from moving in either direction. While it's not the most exciting news, it is good for
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Trump Says Stronger Vetting of Gun Buyers Wouldn't Have Prevented Texas Deaths

U.S. President Donald Trump said extreme vetting of gun owners would have made “no difference” in the shooting that left more than two dozen
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Number of housing market deals at record high in H1

Ljubljana- Housing market data for the first half of the year published by the Surveying and Mapping Authority (GURS) on Monday show the total
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New L&G campaign champions mortgage brokers

Legal & General Mortgage Club's new 'Mortgage Myths' aims to tackle the misconceptions buyers might have when securing a mortgage and highlight
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Ex-Soccer Star's Party Fears Crisis in Liberia Over Election Delay

The Liberian party of the 1995 world soccer player of the year, George Weah, said it's concerned that a political crisis could ensue if the Supreme
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A REAL OPPORTUNITY AWAITS.

Auction: at Pukekohe Park, 222-250 Manukau Rd, Pukekohe on Wednesday 29 November 2017 at 5:00PM (unless sold prior) Constructed in the
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Crypto Wallet Company Faces More Problems After July Hack

In July, one cryptocurrency company's coding error helped hackers steal $30 million of the world's second most valuable digital coin. Now, that
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Impac Mortgage president to step down

Ashmore began serving as president of Impac Mortgage in 1995. The company conducted its initial public offering during that year. He joined the
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Overvaluation Becoming a Bigger Issue for Home Prices -CoreLogic

“A strengthening economy, healthy consumer balance sheets and low mortgage interest rates are supporting the continued strong demand for
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The UK Is Such a Mess, Not Even Analysts Can Agree What's Going on

Britain's political landscape is so chaotic that even those trying to cut through the noise –and provide clarity to investors — can't agree on what is going
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