Lucas Co. DART presented with $13000 check

Lucas Co. DART presented with $13000 check

The Louisville Title Company gave Lucas County DART a check for $13,000 on Tuesday. “For every officer we have it's quite costly because we have to buy vests, we have to buy equipment for them to be able to operate. This is going to help us stay afloat for the DART unit to continue their activities,”
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Designation of Fannie Mae and Freddie Mac as SIFIs

Designation of Fannie Mae and Freddie Mac as SIFIs. Dear Secretary Mnuchin: The Treasury Department has just issued a new review of “Financial Stability Oversight Designations,”[1] and we are writing to you in your capacity as Chairman of the Financial Stability Oversight Council (FSOC) that is
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Eurozone corporate lending reaches post-crisis high – ING

Firstly, bank lending to businesses has recovered from a summer dip and is resuming the pre-summer upward trend. In fact, net lending in October reached a volume of €17.8bn, last seen in December 2008, when lending came crashing down as the financial crisis engulfed the Eurozone. The returning
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Cordray: 'Different Laws' Created CFPB Power Struggle

Richard Cordray made a rare television appearance last night to comment on the confusion he left behind following his resignation as Director of the Consumer Financial Protection Bureau (CFPB). However, his comments only seemed to further the confusion. In an interview with MSNBC's Rachel
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Loan Limits for 2018 Are Increasing

We'll update Freddie Mac Loan Product Advisor® on December 3, 2017, so you may begin originating mortgages with the 2018 loan limits immediately. However, mortgages meeting the higher 2018 limits are not eligible for sale to Freddie Mac until on or after January 1, 2018. Loan Selling AdvisorSM
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Zacks Investment Research Lowers German American Bancorp, Inc. (NASDAQ:GABC) to Sell

Zacks Investment Research lowered shares of German American Bancorp, Inc. (NASDAQ:GABC) from a hold rating to a sell rating in a report issued on … Their lines of business include retail and commercial banking, mortgage banking, trust and brokerage services, title insurance, and a full range of
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3 Housing Stocks That Will Pop Amid Real Estate Boom

Currently, Schneider particularly likes Vanguard's domestic U.S. Real Estate Investment Trust (VNQ) , which is currently trading at $85. “VNQ invests in a basket of 154 real estate stocks, has a market cap of $10.4 billion, offers high liquidity and has a 5.0% return on equity,” says Schneider. “VNQ's top
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Fed nominee Powell: Financial system 'quite strong,' backs 'tailoring' regulations to ease up on …

Jerome Powell, picked by President Donald Trump to lead the Federal Reserve, said Tuesday that he favors “tailoring” regulations to alleviate the burden on smaller banks. Speaking before the Senate Banking Committee during his confirmation hearing, Powell mentioned several areas that he'd like to
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Freddie Mac program preserves unsubsidized affordable housing

Nonprofit agencies looking to purchase unsubsidized affordable housing properties can use a new impact gap financing program from Freddie Mac to fund the acquisition. These properties, also known as naturally occurring affordable housing, are targets for developers looking to acquire, renovate and
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São Paulo Residential Real Estate Showing Signs of Rebound

SÃO PAULO, BRAZIL – Positive signs are being shown in São Paulo's residential real estate market according to just-released data from the São Paulo Housing Association (Secovi-SP). From January to September period, a report shows an eighteen percent increase of sales over the same period of
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BRIEF-Bank of Canada's Poloz: Toronto housing market following similar pattern to Vancouver

BANK OF CANADA'S POLOZ: STRONGER ECONOMY, SOUND POLICIES WORKING IN SAME DIRECTION TO BRING ABOUT GRADUAL EASING OF VULN…
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Home Price Growth Gained Momentum in September — Update

“Most economic indicators suggest that home prices can see further gains, ” said David Blitzer, managing director at S&P Dow Jones Indices. “One dark cloud for housing is affordability — rising prices mean that some people will be squeezed out of the market.” Seattle reported the largest annual gain,
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Devastating: The Wheel Of Fortune Was Stolen From…

For 35 years, Pat Sajak has been hosting Wheel Of Fortune with no major mishaps whatsoever. But last night something truly disastrous happened: The Wheel Of Fortune wa…
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Mantech International Corp (MANT) Holdings Lifted by Prudential Financial Inc.

Prudential Financial Inc. raised its stake in Mantech International Corp (NASDAQ:MANT) by 12.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,084 shares of the technology company's stock after buying an
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Greater Boston Housing Market Sees Sales Surge In October

BOSTON, Nov. 28, 2017 /PRNewswire-USNewswire/ — Strong economic fundamentals, a steady influx of foreign investors, and a slightly more balanced housing market fueled an increase in the sales and prices of both detached single-family homes and condominiums during October, according to data
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The Mortgage Collaborative Adds Loan Vision

Loan Vision, a division of Bestborn Business Solutions offering mortgage accounting software, is now a member of The Mortgage Collaborative, a network of mortgage lenders and technology providers that supports it members by offering a wide range of benefits, tools and resources. “Loan Vision's
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CEE MARKETS-Czech crown eases, shrugs off warning from c.bank's Rusnok

The Hungarian central bank will launch big interest rate swap and mortgage note-buying programmes next year to push long-term interest rates down more. “They want to prop up cheap fixed-rate mortgage lending… and all Hungarian debt yields got to record lows,” one Budapest-based fixed income
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Resona to launch new smartphone banking services

Resona Holdings Inc. will start offering new smartphone banking services in February, according to President Kazuhiro Higashi. Customers will feel “as if there were an entire bank in a smartphone,” Higashi said in a recent interview, adding that the group aims to have its three banking units — Resona
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Private Mortgage Lending up in Canada as Rules Tighten: Bank of Canada

The rise in the use of alternative lenders, who can include wealthy individuals looking for higher returns than offered by traditional investments, has caused some concern that borrowers have shifted to unregulated mortgage providers to avoid the tighter qualification rules imposed by regulators.
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FDx Advisors Inc. Takes Position in Charles River Laboratories International, Inc. (NYSE:CRL)

Eqis Capital Management Inc. raised its stake in Charles River Laboratories International by 10.3% in the second quarter. Eqis Capital Management Inc. now owns 3,810 shares of the medical research company's stock valued at $385,000 after buying an additional 357 shares during the period. Oregon
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Housing Finance Authority Faith Schwartz Joins FormFree Board

Housing Finance Authority Faith Schwartz Joins FormFree Board

Schwartz has also held executive-level roles at CoreLogic and Freddie Mac. Recognized by Mortgage Banking magazine as one of its 20 Distinguished Industry Women, Schwartz was also named one of HousingWire's 2012 Women of Influence and is a recipient of a lifetime achievement award from the
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'A massive handbrake': $40 billion industry readies for expanded banking inquiry

Much of the focus of the past week has been on banking misconduct, but the spotlight was thrown on insurers on Tuesday after Nationals MP Llew O'Brien said he would cross the floor and support the bill in defiance of government policy on the condition any probe investigates how the industry had
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Former KU mascot takes a spin on Wheel of Fortune tonight

(WIBW) — You may not recognize him wearing a bowtie instead of a giant Jayhawk head, but a Kansas man will spin for big bucks on Wheel of Fortune tonight. Overland Park's Phil Bennett took a turn on the popular game show and you can watch it Tuesday night at 6:30 p.m. right here on WIBW-TV.
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Home prices accelerate in September

Not all the tracking studies, however, indicate that home prices are close to becoming unaffordable. The title company First American Corp. reported that home prices, when adjusted for income growth and interest rates, declined between August and September. First American's index suggests that real
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Is the best of "lucky general" Macron's good fortune behind him?

PARIS, Nov 28 (Reuters) – During his rapid rise to the presidency, France's Emmanuel Macron was sometimes referred to as a “lucky general” — a leader with the right skills for the job but also a generous dose of the good fortune needed to win the day. The 39-year-old certainly took advantage of a string
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Investors Renew Love for Real Estate ETF

Although it is widely expected that the Federal Reserve will raise interest rates for the third time this year when the central bank meets in December, that is not keeping some investors from embracing rate-sensitive assets, such as real estate exchange traded funds. For example, the Shares Dow Jones
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International SOS Supports Top Business Leaders at the 2017 Fortune Global Forum

28 November 2017 , —. Beijing. The 2017 Fortune Global Forum has appointed International SOS as its preferred medical partner. Speakers and delegates will be able to access the International SOS pre-travel advice, alerts, 24/7 dedicated medical hotline and immediate emergency support before and
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The founder of real estate website Trulia started a VC firm with a new twist on investing: building its …

But according to Pete Flint, the cofounder of real-estate website Trulia, the most successful businesses are built on something even more powerful than the internet. Flint, and the other cofounders of venture capital firm NFX, are on the hunt for “network effects” — products that increase in value as more
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Is Buying Highpower International Inc (HPJ) Here a Winning Strategy?

Investors sentiment increased to 1 in Q2 2017. Its up 0.37, from 0.63 in 2017Q1. It is positive, as 3 investors sold Highpower International Inc shares while 3 reduced holdings. 4 funds opened positions while 2 raised stakes. 1.30 million shares or 19.95% more from 1.08 million shares in 2017Q1 were
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CBA rolls out changes to credit assessment and credit policy

Commonwealth Bank of Australia (CBA) said it would roll out a raft of changes that would impact mortgage brokers and their clients from next week. On December 2, CBA will be introducing a new Home Loan Written Assessment document called the Credit Assessment Summary (CAS) for all
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Review of Temple of Apollo, Delphi, Greece

Temple of Apollo: Your fortune awaits… – See 833 traveler reviews, 676 candid photos, and great deals for Delphi, Greece, at TripAdvisor.
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Bank of Canada: Signs Emerge of Easing Risks to Financial System — Update

The central bank's semiannual Financial System Review said overall risks to the Canadian financial system remained elevated. Nevertheless, the Bank of Canada said signs were emerging that risks are moderating. It cited new, tighter mortgage rules from Canada's banking watchdog set to take effect in
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Your votes could help Lincoln Christmas Market win 'best in UK' title

Lincoln Christmas Market is battling it out with 11 other markets across the country in a national poll, and it needs your help to gain a 'best in the UK' title. The popular market, which sees around 250,000 people from all over the world come to Lincoln, is currently second in the poll and just over 150 votes
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FHFA reports home price increase of 1.4% for Q3

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. Because of this, the selection excludes high-end homes bought with jumbo loans or cash sales. “With relatively favorable economic conditions and a
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Stephens Inc. AR Boosts Stake in Crown Castle International Corporation (NYSE:CCI)

The fund owned 176,211 shares of the real estate investment trust's stock after buying an additional 3,883 shares during the period. Crown Castle International accounts for 0.6% of Stephens Inc. AR's investment portfolio, making the stock its 29th largest position. Stephens Inc. AR's holdings in Crown
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Ask Eli: My Favorite Mortgage Programs

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy! Question: Are there good loan options available if I don't have 20% or more to put down? Answer:
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FormFree Appoints Housing Finance Authority Faith Schwartz to Board of Directors

Recognized by Mortgage Banking magazine as one of its 20 Distinguished Industry Women, Schwartz was also named one of HousingWire's 2012 Women of Influence and is a recipient of a lifetime achievement award from the Five Star Institute. She actively serves on the boards of Hope LoanPort
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Inventory tax on unsold property refers to an old amendment

There is no new tax that will be applicable on unsold inventories held by real estate developers for over a year. Tax experts say that an amendment to sections 22 and 23 of the Income Tax Act was introduced in the Union Budget 2017. Media reports on Tuesday said that the Income Tax Department may
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Macquarie Group Ltd. Sells 176745 Shares of Ctrip.Com International Ltd (CTRP)

Com International by 14.9% during the third quarter. Commonwealth Equity Services Inc now owns 18,920 shares of the company's stock worth $997,000 after buying an additional 2,457 shares in the last quarter. Quantbot Technologies LP purchased a new position in Ctrip.Com International during the
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Lean in, homebuyers: Survey says lenders loosening mortgage standards

Here's an important question for anyone hoping to buy a home next year but who isn't quite confident about qualifying for a mortgage: Is it true that lenders have eased up on certain key requirements, making it simpler for first-time buyers and others who can't pass all the strict tests to get approved?
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New mortgage stress tests could disqualify 10% of buyers: Bank of Canada

New mortgage stress tests could disqualify 10% of buyers: Bank of Canada

New mortgage stress tests coming in 2018 could disqualify about 10 per cent of prospective home buyers, affecting $15-billion a year in new borrowing, the Bank of Canada says. The impact of the new restrictions is expected to be concentrated in the Toronto and Vancouver areas – the markets that
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4 Ways Socially Responsible Banks Are Good for You and Your Wallet

If you buy local to support neighborhood businesses, avoid shopping at stores known for paying their workers poorly or protest projects criticized for being environmentally harmful, you might want to make sure your bank accounts are also supporting your values. A dozen U.S. banks have proven their
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Bank of Canada: Housing Market Risk Reducing, Still Biggest Threat to Canadian Financial Stability

The two most important vulnerabilities are the elevated debt levels of Canadian households and imbalances in the housing market. That has been the case since June 2014 for the central bank's FSR. The bank is still characterizing the level of these vulnerabilities as being elevated. The risk scenarios
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Find an ATM

Access to surcharge-free MoneyPass ATMs as well as all free ATMs at all Family Express locations.
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UPDATE 1-Bank of Canada sees easing of housing vulnerabilities

OTTAWA, Nov 28 (Reuters) – The vulnerabilities created by Canada's high household debt and hot housing market remain elevated but should ease over time amid improving economic conditions and tighter mortgage rules, the Bank of Canada said on Tuesday. In a more upbeat assessment of the risks
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Central Bank announces no major changes to mortgage lending rules

The Central Bank has announced no major changes to the core elements of its mortgage lending rules. The loan to income and loan to value limits will remain the same next year. However the Central Bank says it will introduce separate loan to income allowances for first time and second time buyers to
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Irish central bank says all mortgage compensation schemes ready by year-end

DUBLIN (Reuters) – Most Irish lenders will have started redress and compensation schemes for mortgage customers they overcharged in recent years by early December, with the remainder established by the year-end, Irish Central Bank Governor Philip Lane said on Tuesday. Irish banks are under
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Your Mortgage: With discounted rates, you should start counting the numbers

Throughout my nearly 20-year career in the mortgage industry, I have asked borrowers if they'd like to learn more about discounted rates. I usually get a similar response as a department store employee who asks a customer if they need help finding anything – “No thanks, I'm just looking.” This is usually
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Trump Fed nominee Jerome Powell faces 2 big questions at his Senate confirmation hearing

The position of Federal Reserve chair is one of the most powerful in the world, so let's hope the Senate Banking Committee brings its A-game when it comes to questioning Jerome Powell, President Donald Trump's nominee to replace current Fed Chair Janet Yellen, during his confirmation hearing on
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Why to Keeping Eye on Nxt-ID, Inc. (NXTD), Oaktree Specialty Lending Corpo (OCSL)?

Oaktree Specialty Lending Corpo (NASDAQ:OCSL), maintained return on investment for the last twelve months at -4.39, higher than what Reuters data shows regarding industry's average. The average of this ratio is 6.87 for the industry and sector's best figure appears 0.43. Oaktree Specialty Lending
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CME Group Plans to Manage Customer Exposure to Bitcoin Futures

CME Group Inc. 's Tim McCourt said the exchange has put safeguards such as higher margin levels and limits on positions and prices in place to curb risks on the bitcoin futures it plans to offer. The exchange would also be able to adjust margin and capital levels during trading sessions, McCourt, head
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Mortgage rates today, November 28, plus lock recommendations

Mortgage rates today are still unchanged. While normally, we see at least some movement from day-to-day, and interest rates can change several times a day in volatile financial markets, things have been remarkably stable lately. Today's only bit of news was not good for current mortgage rates.
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BankThink Will banks catch the open-banking wave, or be engulfed by it?

The move toward open banking is no longer aspirational. It is inevitable for the modern financial enterprise. Already, a new European Union directive is serving as a catalyst to transform banks into less of a black box of financial data and more into an accessible launching pad from which people and
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Axiom International Investors LLC DE Raises Position in Ollie's Bargain Outlet Holdings, Inc. (OLLI)

The institutional investor owned 191,574 shares of the company's stock after buying an additional 26,062 shares during the quarter. Axiom International Investors LLC DE owned approximately 0.31% of Ollie's Bargain Outlet worth $8,889,000 at the end of the most recent reporting period. A number of
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Are IBERIABANK (NASDAQ:IBKC) Shares Headed North? SunTrust Robinson Humphrey Issues …

IBERIABANK Corporation is a financial holding company. The company has market cap of $4.02 billion. The Firm is a holding firm for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency ; IBERIA
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Haute Residence Welcomes Terese Brittingham and Tom McCouch to its Invitation-Only Real …

They can always be seen at conferences on the latest developments in real estate. With a focus on high-end and relocation services as well as a unique concentration on equestrian farms and estates, Brittingham says “education is essential in real estate as the market, trends, and real estate laws
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@ theLB, a Premium Rentable Real Estate Concept, Announces Plans to Open 40 Units by end of …

28, 2017 /PRNewswire/ — @ theLB, a premium rentable real estate venue, has announced plans to expand nationwide through strategic franchise … theLB is an attractive investment opportunity that allows its franchise partners to customize the business according to trends and happenings in their local
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BOC sees moderate risk that housing prices correct in overheated markets

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients
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AdvisorLoans Creates Free Lending Guide eBook for Financial Advisors and RIAs

DENVER, Nov. 28, 2017 /PRNewswire/ — Today, AdvisorLoans released their Advisor Lending Guide eBook. The eBook is available at no cost to either advisors or firms. It can be read online at AdvisorLoans.com/financial-advisor-RIA-Lending-Guide-eBook, saved as a PDF, or printed. Financial
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FHFA increases conforming loan limits for 2nd straight year

… the Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac for the … For the second year in a row, and the second time since 2006, the FHFA is increasing the conforming loan limits for Fannie and Freddie in 2018.
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Flood Insurance Status; Banks in the News; LO Products

Flood Insurance Status; Banks in the News; LO Products

This guidance applies to all national banks, federal savings associations, and federal branches of foreign banks (collectively, banks) that are subject to … (Since this is a mortgage newsletter, those new home sales figures were strong: There was sales growth in all regions, led by a huge pickup in sales
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How To Beat The Competition In A Hot Housing Market

Louisville is one of the hottest real estate markets in America. Many of the homes in the area are selling at or above the asking price and staying on the market for an even shorter period. This has greatly limited the available inventory of for-sale homes. If you're in the Louisville market to buy a home,
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Green shoots emerging in real estate – Part II

If green shoots at the time were an indication of interesting times for the real estate industry, data over the last 3 months signal a gradual recovery. Over the last quarter (July-September, 2017) Magicbricks has witnessed trends that indicate a positive perception improvement in consumer sentiment
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Central Bank decides NOT to change mortgage deposit rules for first-time buyers

“We will continue to monitor developments through our annual cycle of reviews. We stand ready to adjust these borrower-based measures and/or other macro-prudential policy tools as may be appropriate to safeguard the long-term sustainability of Irish mortgage lending and the stability of the wider
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Advanced Abstract Helps with Title Deed Search in Allentown and Reading Pennsylvania

Advanced Abstract is one of the well-known title company in Reading and Stroudsburg Pennsylvania that has been helping buyers with acquiring a title insurance for residential, commercial and refinancing transactions since 1991. Most of the employees working with Advanced Abstract has been with
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Data Sheet—Closing the Book on Yahoo's Wasted $1 Billion Tumblr Deal

It was tweeted repeatedly yesterday, after news broke that David Karp, the founder of Tumblr, was leaving the free-wheeling blogging site that's now owned by Verizon via its recent acquisition of Yahoo. “Tech history: Facebook's Mark Zuckerberg acquired Instagram for $1 billion in 2012. Yahoo's
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No major changes to Central Bank mortgage rules

The Central Bank has announced no major changes to the core elements of its mortgage lending rules. The loan-to-income and loan-to-value limits will remain the same next year. However, the Central Bank says it will introduce separate loan-to-income allowances for first-time and second-time buyers
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Reviewing Taylor Morrison Home (TMHC) & KB Home (KBH)

The financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments, and provides title services in the majority of markets located within its Central and
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Why Hong Kong's housing bubble is only getting bigger

Despite attempts by the government to curb Hong Kong's housing market, prices continued to climb this year as demand outpaced supply. Housing prices rose 11 percent this year, and Colliers International Group projects that they will grow another 8 percent to 10 percent next year. Mortgage rates are
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Real Matters Reports Fourth Quarter and Fiscal 2017 Financial Results

… insurance industries, today announced its financial results for the fourth quarter and year ended September 30, 2017. “This was a landmark year for Real Matters on many fronts – we launched two of the largest Tier 1 lenders in the U.S., expanded our platform into the title and closing industry and went
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Stratos Wealth Partners LTD. Decreases Stake in Johnson Controls International PLC (JCI)

Comerica Bank increased its stake in Johnson Controls International by 2.0% in the 3rd quarter. Comerica Bank now owns 279,973 shares of the auto parts company's stock valued at $11,798,000 after buying an additional 5,441 shares during the last quarter. Sigma Planning Corp purchased a new
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Xinyuan Real Estate Co Ltd (XIN) Ex-Dividend Date Scheduled for November 29, 2017

Xinyuan Real Estate Co Ltd ( XIN ) will begin trading ex-dividend on November 29, 2017. A cash dividend payment of $0.097 per share is scheduled to be paid on December 15, 2017. Shareholders who purchased XIN prior to the ex-dividend date are eligible for the cash dividend payment. This marks
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Bank of England gives lenders all-clear, but warns of 'disorderly' Brexit risks

Banks could absorb £350 billion of losses over the next few years and still continue lending, it added. But the Bank warned that it would need to look at whether banks needed to boost their financial balance sheet strength in case a “disorderly” Brexit was to coincide with a wider severe global recession.
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Cardinal Group Snags $35M CO Asset

… Advisors has arranged acquisition financing on behalf of Cardinal Group Advisors, for Uptown Broadway, a multifamily community in Boulder, Colo. According to Yardi Matrix, the November sale was subject to a $20.8 million 10-year, fixed-rate term loan, provided by KeyBank and held by Freddie Mac.
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Short-term lending industry shows increased consumer confidence

One of its first changes was to ensure that all lenders and brokers trading in the payday sector were fully authorised and fit to carry out regulated activity. Companies were granted “interim permission” whilst applications were being processed, with most companies taking around 12 months to become
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These Are Some of the Crazy Things Chicago, Boston, and More Cities Promised to Win Amazon …

When Amazon closed its HQ2 request for proposals last week, the company revealed that it received 238 offers. But what the cities and regions offered just to host Amazon's second headquarters might surprise you. Seattle Times columnist Danny Westneat recently evaluated the 30 city applications
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2017's Only Supermoon Is Happening This Weekend. Here's How to See It

Sunday Dec. 3 is the only time this year that we'll have a supermoon that is visible to the naked eye. The moon will actually be at its closest point to Earth at 4 a.m. ET on the morning of Dec. 4, but the best time to view it will be just after sunset on Sunday evening, when the 'moon illusion' will make it
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Government, developers transform languishing condos into affordable housing

Eventually the city and county worked with the N.C. Housing Foundation and Miller Valentine to turn the Enclave into a tax credit development through a federal program called the Low-Income Housing Tax Credit. The program provides tax incentives to encourage individual and corporate investors to
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Is Buying Mercer International Incorporated (NASDAQ:MERC) Here Good Idea?

Investors sentiment increased to 1.31 in 2017 Q2. Its up 0.31, from 1 in 2017Q1. It improved, as 9 investors sold Mercer International Inc. shares while 27 reduced holdings. 15 funds opened positions while 32 raised stakes. 51.50 million shares or 0.31% less from 51.66 million shares in 2017Q1 were
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GJEPC Holds First-Ever India International Diamond Week

GJEPC Chairman Praveenshankar Pandya said, “Focused buyer seller meetings of the stature of India International Diamond Week will further promote business ties between the Indian trade and international buyers. Each and every buyer is taking advantage of this unique platform offered because
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Barclays and RBS 'weakest' in extreme BoE stress test

Barclays and RBS 'weakest' in extreme BoE stress test

Barclays and Royal Bank of Scotland have emerged as the weakest British lenders in a severe economic stress scenario that the Bank of England said was equivalent to the worst possible outcome of the UK's departure from the EU. The BoE said that no banks needed to take remedial action because of
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Counsellors Title Agency Continues Expansion with Monmouth County Office

“The opening of our Freehold office is the logical next step which underpins both the proximity to our existing client base and expanding into the growing market in Monmouth County,” stated Ralph Aponte, President of Counsellors Title Agency, Inc. “It is our desire to provide our expertise and systematic
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NBU cancels "anti-crisis" resolution reallowing sanctions against banks

The National Bank of Ukraine (NBU) has abolished the resolution adopted in February 2015 providing for the ban on the application of measures to banks for violations of economic standards, the document initially passed amid economic crisis and hryvnia devaluation, according to the NBU website.
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INSIDER INSIGHT: Can Jiko Tame The Wild West Of Digital Banking?

Online fraudsters pose threats that those bank robbers couldn't possibly fathom, with the power to potential affect hundreds of thousands of consumers' accounts – if not more. And now, new financial institutions are relying on technology to find ways to stop increasingly sophisticated cybercriminals in
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My Home Move named best legal services provider at the Your Mortgage Awards for fifth year in a …

Grove Park conveyancing specialist My Home Move has been named best legal services provider at the Your Mortgage Awards, for the fifth year in a row. The awards recognise and reward lenders and providers who have offered the very best products and services to mortgage borrowers over the
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FHFA House Price Index (HPI) Continued to Rise in September

The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. “With relatively favorable economic conditions and a continued shortage of housing supply, price increases in the third quarter were generally robust and widespread,” said
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Royal Bank Of Canada Reiterates Hold Rating for RPM International Inc. (NYSE:RPM)

Advisory Services Network LLC grew its stake in shares of RPM International by 2.7% during the 2nd quarter. Advisory Services Network LLC now owns 2,174 shares of the specialty chemicals company's stock valued at $119,000 after buying an additional 57 shares during the period. Albion Financial
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Property Debt Research Scholarships Awarded to FLTA Membership Family

FORT MYERS, Fla., Nov. 28, 2017 /PRNewswire/ — Property Debt Research, The Municipal Lien Search Company, is pleased to participate in the Florida Land Title Association (FLTA) Scholarship program for the third year in a row. The Property Debt Research Scholarships are awarded annually to two
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Unions join banking witch hunt

The Julia Angrisano-led Finance Sector Union had been against a royal commission into the banking sector but in April last year switched sides — provided its terms didn't allow it to become a witch hunt targeting bank minions. And now that a commission is virtually a fait accompli, the ACTU and FSU
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US Tax Cuts in 2018 Would Give GDP Temporary Boost, OECD Says

U.S. tax cuts would give economic growth a temporary boost next year by stimulating business investment and consumer spending, before slowing employment gains drag down the pace of expansion in 2019, the Organization for Economic Cooperation and Development said. U.S. gross domestic
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UFC star Conor McGregor confuses fans with cryptic online video

McGregor doesn't speak in the video, instead slowly lifting his eyes to stare at the camera lens. Meanwhile, Conor's father Tony has revealed that the best thing to come out of the success of his son Conor was having his mortgage paid off. The former taxi driver admitted to financial struggles for a number
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Analyst advises CBN to reduce lending rate to 12 per cent

An investment Analyst, Mr Emmanuel Eze, on Tuesday advised the CBN to reduce lending rate from 14 to 12 per cent for small businesses to thrive in the country. Eze, who is also the Chief Executive Officer of Perfecter Investment Trust, gave the advice in an interview with the News Agency of Nigeria
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GJEPC presents first-ever India International Diamond Week in India

Praveenshankar Pandya, Chairman, GJEPC, said, “Focussed Buyer Seller Meets of the stature of India International Diamond Week will further promote business ties between Indian trade and international buyers. Each and every buyer is taking advantage of this unique platform offered because they
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FOREWARN Partners with Greater Hartford Association of Realtors to Deliver Real Estate Agent …

BOCA RATON, Fla.–(BUSINESS WIRE)–FOREWARN, LLC, a cogint company (NASDAQ: COGT), and the leading provider of real-time information solutions for real estate agents, today announced a partnership with the Greater Hartford Association of Realtors (GHAR) to bring FOREWARN™ to GHAR's
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Crestmont Capital Surpasses $100 Million in Loans Originated Through Its Small Business …

IRVINE, Calif.–(BUSINESS WIRE)–Crestmont Capital, a leader in small business lending, today announced that it had facilitated more than $100 million in financing to over 1,000 small businesses across the U.S. thus far in 2017. Crestmont Capital's small business lending division specializes in
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Swedish government set to give green light to tougher mortgage rules -sources

STOCKHOLM, Nov 28 (Reuters) – Sweden's government is set to give the green light to a proposal from the financial watchdog to tighten mortgage repayment rules despite warnings the move could deepen recent house price falls, two sources with knowledge of the discussions said on Tuesday.
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Term Sheet — Tuesday, November 28

These investments are indicative of a much wider plan to help accelerate technical development and help China compete with rival U.S. market leaders. Speaking of China, I'll be reporting from the Fortune Global Forum next week in Guangzhou (see agenda here). But first, I want to hear from you guys.
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Edina reviewing Pentagon Park proposal for two hotels, large medical office development

Solomon Real Estate Group is talks with Edina officials to build a large medical office campus near Interstate 494 and Highway 100. Victoria-based Solomon is pitching a pair of medical office buildings of five or six stories. One would total 100,000 square feet and the other would be slightly larger,
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Second-time home buyers hit by mortgage-rules tweak

The Central Bank has retained most elements of its mortgage-cap rules, though it tweaked a measure to restrict the amount to which second-time buyers can breach a key loan-to-income cap. The regulator said that while up to 20 per cent of new mortgage lending for first-time buyers (FTB) can be above
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Case Shiller: Home prices rise at fastest pace since 2014

… and at a 3.8-month supply, the inventory of homes for sale is still low.” “The overall economy is growing with the unemployment rate at 4.1%, inflation at 2% and wages rising at 3% or more,” he said. “One dark cloud for housing is affordability – rising prices mean that some people will be squeezed out
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The marketing timeline every first-year real estate agent should live by

The marketing timeline every first-year real estate agent should live by

When you first get your real estate license, your head may be filled with questions of writing contracts, previewing properties and closing processes. When you ask about these things, however, the answer from brokers and colleagues is usually, “Don't worry about that. Just worry about getting clients.
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Major lender unveils multiple lending changes

The Commonwealth Bank of Australia (CBA) has announced several changes to its home loan lending policies as well a new assessment document … “These changes further strengthen our responsible lending commitments related to the capture and documentation of customer information,” CBA said.
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Lenders make it easier for first-time buyers to obtain mortgages

Fannie Mae and fellow mega-investor Freddie Mac — which are key to the mortgage market because they set the guidelines and buy vast quantities of
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Scotiabank bids $2.9-billion to buy BBVA's Chilean banking interest

Scotiabank says it has submitted an offer to buy a majority stake in a Chilean bank for $2.9-billion. Scotiabank seeks to acquire Banco Bilbao Vizcaya Argentaria, S.A.'s (BBVA) shares in its Chilean banking operation, BBVA Chile. The Canadian bank, which releases its quarterly results early Tuesday,
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Eurozone Private-Sector Lending Accelerates in Oct.

FRANKFURT – Bank lending to private companies in the eurozone accelerated in October, according to a report Tuesday from the European … Private-sector lending to non-financial firms was up 2.9% on an annual basis, the ECB said in its monthly report, compared to a 2.4% reading in September.
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Smooth Transition

“We got our start as First Federal Savings & Loan Association, and our goal was to help Shoals-area families find mortgage financing for their homes.
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Book drive held to create lending library on campus

A book drive is being held this week to help create a lending library on campus. Books can be donated at the Student Union in a box across from the information desk, according to Cole Crawford, an organizer of the drive. Crawford, a fifth-semester management and engineering for manufacturing
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Australian Students Break Real Estate Code On Street Names

Australian Students Break Real Estate Code On Street Names Houses on streets with weird names generally have less value. Students looked for examples at Butt Street and Fanny Street. Property values on those streets were as much as 20 percent lower. NPR logo Australian Students Break Real
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Slower wage, house-price growth to weigh on Canadian economy in 2018: OECD

Canada's economy is headed for much slower growth in 2018 and beyond as consumers react to sluggish wage growth, higher interest rates and a cooler housing market, the Organization for Economic Co-operation and Development says. The economy will grow 2.1 per cent in 2018 and 1.9 per cent in
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Almost 500 first-time buyers get mortgage approval every week

The new figures come as the Central Bank is expected to leave mortgage lending rules largely unchanged when it publishes the results of a review
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Emerging-Market Bulls Standing Firm After Best Rally Since 2009

Charles Knudsen, who is a member of the team that oversees $20 billion in emerging-market equity assets for T. Rowe Price, hasn't changed his allocation significantly after this year's gain. He profited from Chinese technology companies like Alibaba Group Holding Ltd. and 58.Com, which both more
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Trump's First International Hotel Doesn't Want to Be a Trump Hotel Anymore

President Trump's first hotel-condominium project outside of the U.S. is trying to distance itself from him. For the third time this year, the Trump International Hotel in Panama City is trying to remove the Trump brand from the hotel. The Trump Organization claims that a binding management agreement
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Banks to fund mortgage loans from foreclosures

Banks are preparing to offer mortgage loans especially for the acquisition of houses through auctions, in a bid to support property transactions that
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China's focus on rental housing weighs on metal prices

China's president Xi Jinping said at the Communist party congress last month that “houses are for living, not for speculation”. But government plans to realise this mantra by expanding the rental market, coupled with an oversupply of empty housing in China, threaten to reduce demand for iron ore, steel,
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All major UK banks pass Bank of England's annual stress test and could cope with 'disorderly Brexit'

The UK's biggest banks would be able to cope with a “disorderly Brexit” without having to be bailed out by taxpayers, the Bank of England said on Tuesday, in a report published on the back of its rigorous annual stress test. The Bank said that this was the first year since it started conducting the test in
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Financial Solutions Advisor – SERIES 7 and 66 REQUIRED

The FSA will triage client leads and make referrals to appropriate internal service providers based on client needs and asset thresholds. Participates in on-going training and interaction with the Merrill Lynch Wealth Complex. The role is a bridge between banking and brokerage, therefore the FSA must
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$23 billion fund sees more gains in costly Indian developers

Property developers' shares have beaten every industry group in India this year, drawing criticism from some analysts who say the gains are overdone. … There's more juice left in real-estate stocks as steps taken by the government to aid the industry that was one of the worst hit by last year's cash ban
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Pictet Asset Management Ltd. Buys 3000 Shares of Fidelity National Financial, Inc. (NYSE:FNF)

Stephens Inc. AR boosted its position in shares of Fidelity National … FNF, through its subsidiaries, provides title insurance, mortgage services and
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Fannie Mae, Freddie Mac re-enter LIHTC market

The Federal Housing Finance Agency has granted Fannie Mae and Freddie Mac limited re-entry into the Low Income Housing Tax Credit market as equity investors, effective Nov. 16. The LIHTC was established by the Tax Reform Act of 1986 to provide multifamily property owners and investors with an
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TPG Specialty Lending Inc (NYSE:TSLX) Downgraded by BidaskClub to Strong Sell

TPG Specialty Lending Inc logo BidaskClub lowered shares of TPG Specialty Lending Inc (NYSE:TSLX) from a sell rating to a strong sell rating in a
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Nationals senator says Turnbull government must fund banking inquiry

Nationals senator says Turnbull government must fund banking inquiry

While the prime minister attempted on Tuesday to dig in against the banks rebellion, and the Greens upped the ante, seeking stronger terms of reference – Williams predicted the inquiry would clear the Senate and, most likely, the House, given two lower-house National MPs were signalling they would
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Growth in lending to eurozone businesses jumps in October

The pace of growth in lending to eurozone businesses picked up sharply in October, data released by the European Central Bank showed Tuesday, suggesting lenders and companies remain confident. Credit to businesses added 2.9 percent year-on-year last month, adjusting for some purely financial
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ETHLend's LEND Token Raises Over $10 Million in 30 Minutes

ETHLend, one of the first fully functioning decentralized lending platforms, has successfully raised $10 million USD in the first half an hour of its public token sale. The token sale enticed a wide range of investers and early adopters of the decentralized lending application build on top of Ethereum network
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The Bank of England Thinks UK Banks Can Survive a Disorderly Brexit

Britain's banks could cope with a “disorderly” Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said Tuesday, after an annual health check on lenders. For the first time since it started 'stress-testing' banks in 2014, none of Britain's major lenders would need to raise
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International expansion fuels Regatta growth

The company is also developing its business in China and Black attributes this growth to an investment in growing the buying team. It now has a 70-strong buying department in Asia. The last brand to become part of the Regatta group was Hawkshead, which joined the stable ten years ago. However
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Bakken crude oil finds new markets

China isn't the only one who will be buying Bakken crude. Continental Resources is reporting a second international sale of 430,000 barrels scheduled for January delivery to unspecified international markets. The transaction will take place in Cushing, Oklahoma. The announcement follows one in
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Bridging lending reaches record highs in Q3: West One

Annual bridging lending reached a record high of £4.7bn in Q3, according to the latest index from specialist lender West One. The 'Bridging Index' showed that gross annualised lending increased from £4.3bn in June to exceed 2016's pre-Brexit referendum high of £4.4bn, breaking quarterly lending
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British banks could cope with "disorderly" Brexit, Bank of England says

“The (BoE) … judges that the banking system can continue to support the real economy, even in the unlikely event of a disorderly Brexit,” Governor Mark Carney said at a news conference. The results will come as a partial relief to finance minister Philip Hammond, who is looking to sell 3 billion pounds of
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Central Bank Expected To Maintain Mortgage Lending Rules Status Quo, On Publication Of Review.

The Central Bank isn't expected to make any changes to its mortgage lending rules – as part of a review being published today. Currently first time buyers need a 10 percent deposit and can only borrow three and a half times what they earn. Latest figures reveal house prices are rising by an average 13
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Société Générale Finds Its Last Round of Job Cuts and Branch Closures Wasn't Enough

Société Générale, one of Europe's biggest banks, said late Monday it plans to close around 15% of its branches and cut staff in its French retail banking network, while also selling assets as part of a three-year plan to boost returns. Chief Executive Frédéric Oudéa, who took the top job following a rogue
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$8.5 Million in Real Estate Sold, Including Caledonia Bar

A total of $8.5 million in real estate changed hands across Racine County between Nov. 6 and 10, including a 7-acre commercial parcel on Rapids
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Czech central bank sees risks growing in property market

PRAGUE, Nov 28 (Reuters) – Risks are growing in the Czech property market but not dramatically, central bank Governor Jiri Rusnok said on Tuesday. The housing market has jumped in recent years due to record low interest rates and tight supply pushing up prices. The central bank this year has put in
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Inland Homes making 'considerable progress'

'In addition, we have 86 units being built across our three partnerships with Housing Associations, with a further 135 set to begin early in the second half. … and are well-placed to do this through the strong relationships we have in place with housing associations, local authorities and other stakeholders.
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UK banks could handle 'disorderly Brexit'

The UK's banks could cope if Britain leaves the European Union in a “disorderly Brexit” in 2019, the Bank of England has said. For the first time since the financial crisis, all of the UK's biggest lenders have passed the Bank's stress tests. The tests of adverse economic scenarios discover if the banks could
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Eurozone corporate lending rises at fastest pace since financial crisis

Lending to the eurozone's corporate sector rose at its fastest pace since the financial crisis in October the European Central Bank revealed on Tuesday. Growth in lending to non-financial corporations rose at a rate of 2.9% in October, up from 2.4% in the previous month – hitting its fasted pace of growth
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Fundamentals of Dubai property are in top shape

Dubai's real estate market continues to lead the region in defining trends that then percolate to nearby markets. Let's investigate … Rather, real estate developers have become far better at offering a diverse mix of developments at different price points to attract buyers across all categories. Dubai now
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Trump's Indonesia Partner to Back Jokowi for Presidency in 2019

An Indonesian media tycoon who has partnered with U.S. President Donald Trump's family said he'll back President Joko Widodo for a second term in 2019. Hary Tanoesoedibjo, 52, said in an interview on Tuesday that he decided not to run for the presidency. The founder of media and real estate
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High street banks 'can cope with disorderly Brexit'

High street banks can withstand a disorderly Brexit, the Bank of England has said, even though Royal Bank of Scotland and Barclays struggled in its
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TPG Specialty Lending Inc (TSLX) Upgraded to Buy by Zacks Investment Research

TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) was upgraded by Zacks Investment Research from a “hold” rating to a “buy”
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UK banks pass stress test and could handle 'disorderly' Brexit, says Bank of England – live!

“We continue to make progress towards the stress resilient bank we aspire to be. 2017 represented another year of material improvement with our
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Brexit Means Camping as UK Leisure Stocks Get Staycation Boost

Brexit Means Camping as UK Leisure Stocks Get Staycation Boost

The U.K.'s decision to leave the European Union last year is proving a boon for companies that accommodate Brits holidaying at home. The number of trips abroad made by British people declined again in August, according to latest data from the Office for National Statistics, indicating a potential rise in
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The Cycle Of (Credit) Life

Said the executive, lenders usually start with credit bureau data – and trade lending shows at a high level how much people spend on a car, or a mortgage, or on credit costs. Lenders are using what can be viewed as the “out of pocket” behavior of the consumer. The reality is that a substantial amount of
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Elon Musk Tweets to Debunk Speculation That He's Behind Bitcoin

Not only does Elon Musk deny being the mysterious cryptocurrency founder Satoshi Nakamoto, but he's also forgotten where he keeps his bitcoin. Musk's assertions came in response to a blog post coursing through digital-currency sites that suggested the PayPal co-founder and Tesla Inc. chief
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Fox Says UK Has Done Enough for Brexit Talks to Move Forward

“We believe that we've gone far enough to be able to get into this second stage,” Fox said in a Bloomberg Television interview in Sydney Tuesday. “Remember, we're almost getting into 2018 and we're leaving in March 2019. So we need to make progress now because time is getting short.”
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More than 60 first-time buyers get approved every day for €215k mortgage

Dermot O'Leary, economist with Goodbody Stockbrokers, now expects mortgage lending to hit € 7.3 billion this year, up by 28 per cent on last year,
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ANZ sacks bankers for drugs, sexual harassment

ANZ Bank has sacked a “small” group of its bankers for taking illegal drugs at a work-related event and recently let another staff member go for
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Sweden's housing market could be set for 10pc slump, S&P warns

The property market in the largest Scandinavian economy is “undergoing a transformation amid increased supply and the impact of new amortisation
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Bank of England says UK lenders could cope with 'disorderly' Brexit — as all banks pass stress …

“The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset
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StrideUp wants to help you buy a portion of your home

They have spent five-plus years renting and want to get on to the property ladder but traditional mortgage finance is unable to bridge the gap between
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CBA announces major lending changes

“These changes further strengthen our responsible lending commitments related to the capture and documentation of customer information,” the bank said. “The CAS will present a summary of the information you provided on behalf of your borrower(s) and / or that the Bank has verified (where relevant)
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Euro zone corporate lending growth surges to post-crisis high

FRANKFURT (Reuters) – Growth in euro zone corporate lending jumped last month to its fastest rate since the global financial crisis while a key money supply indicator eased, the European Central Bank said on Tuesday. With the euro zone economy on its best growth run in a decade, the ECB decided
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London's house price to salary ratio has hit a record high

The house price to salary ratio has hit a record high in London, piling even more pressure on the capital's strained property market. The average
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BOE Says Stress Test Shows Banks Can Withstand Disorderly Brexit

The Bank of England said the U.K.'s biggest lenders emerged from its latest stress test with the strength to keep lending even during a “disorderly”
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Ellen, Janis and Josh Real Estate Team

Our team of real estate professionals has over 30 year experience serving buyers and sellers in Jamaica Plain, Roslindale, West Roxbury and the Greater Boston Area.
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IT Dept may tax unsold realty inventories to curb hoarders

“We are assessing the pan-Indian real estate data of unsold flats, which have been kept for more than a year. The tax department is taking the stocks of state-wise unsold inventories, which could fall under the new tax regime,” the official said. The inventories are stagnant despite a fall in the property
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Real Estate Mega-trends

Real Estate Mega-trends. Dec 13, 2017. Stephen Roach, Real Estate Appraiser & Consultant. Real Estate Mega-trends. Steve Roach, a Principal at Jones, Roach & Caringella, Inc., will tell us what is happening with retail spaces, and will also talk about the impact of autonomous vehicles.
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North Korea May Be Preparing a Missile Launch, Kyodo Reports

Japan received radio signals suggesting that North Korea may be preparing for a missile launch test, Kyodo News reported, citing multiple government officials. Japan didn't specify the type of possible missile, according to the news service. Any radio signals could be from winter training by North Korea's
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Brexit Bulletin: Depending on the DUP

For a look at how Brexit is affecting London startups, Bloomberg's Ed Robinson reports from the Ping Pong Fight Club. In a cavernous loft space in London's East End, anxiety about Brexit was an undercurrent at the table tennis tournament that has become a fixture of the startup scene. With the finalists
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Hillary Clinton Hits Trump, Xi in Remarks at Beijing Event

Hillary Clinton hit out at both U.S. President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing. Clinton, a former secretary of state, said the Trump administration had retreated from diplomacy. She called on both the U.S. and China to avoid “bluster” or “personal
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The Way Asia Pays for Clean Energy Is Being Upended

The Asia-Pacific region has attracted the most clean-energy investment since the beginning of 2012, more than tripling cumulative solar and wind capacity, according to Bloomberg New Energy Finance data. But there's a downside: China generates more clean energy now than its electricity grid can
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Pa. Jury Convicts Payday Lending Bigwig, Atty Of Fraud

Pa. Jury Convicts Payday Lending Bigwig, Atty Of Fraud

Law360, Philadelphia (November 27, 2017, 6:41 PM EST) — A Pennsylvania federal jury convicted a Philadelphia-area businessman and a Delaware lawyer of conspiracy and fraud charges Monday over a payday lending business that prosecutors say charged interest rates of over 700 percent.
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Marin Voice: Government can do more to save needed housing

… both with the mortgage loans and government-built housing, as well as redevelopment. Even with this massive government effort the conditions for
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CBO estimates: Senate tax plan would raise deficit by $1.4T over 10 years

… and it's over $500,000, and they restrict it to a half-million you indeed will be impacted,” said Ted Jones, an economist with Stewart Title Company.
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1300 Shares in Investors Title Company (ITIC) Acquired by Alliancebernstein LP

Investors Title logo Alliancebernstein L.P. acquired a new stake in shares of Investors Title Company (NASDAQ:ITIC) in the 2nd quarter, according to
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Savings app Chip sets sights on banking licence

Chip, an AI-powered automatic savings app, is looking to raise £2.4 million in a crowdfunding campaign to finance a banking licence application and
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Bring on banking inquiry, voters tell govt

Deputy Liberal leader Julie Bishop has rejected the need for a banking commission of inquiry, fearing it will create false hope and not deliver
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Northern Trust Corp Has $7.14 Million Holdings in Perry Ellis International Inc. (NASDAQ:PERY)

Perry Ellis International logo Northern Trust Corp grew its position in shares of Perry Ellis International Inc. (NASDAQ:PERY) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 366,702 shares of the textile maker's stock after buying an
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AMP and ANZ shake-up commission payments to brokers

AMP, which has been restructuring mortgage finance in response to Australian Prudential Regulation Authority changes, is amending commission
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HK's High-Flying Housing Market Set to Rise 10% in 2018 and More Asia Real Estate Headlines

Housing prices seem to be rising across Asia, and the region's highest priced market may continue to rise another 10 percent in the new year. Also in the news, London's best known department story goes under the knife to win over Asian shoppers, and mainland warehouse developer ESR walks away
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New Online Banking Features

Introducing New Features to Delta Community's Online and Mobile Banking. We're giving our Online Banking services a small face lift which includes a responsive design interface update and a new personal financial management (PFM) tool named Money Management.
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Russia's consulate in Kyiv brokers real estate deals in occupied Donbas (Video)

Acting in circumvention of Ukrainian legislation and international accords, the Russians help to formalize deals on real estate in areas controlled by members of the terrorist organizations “Donetsk People's Republic” and “Luhansk People's Republic,” the Ukrainian TV news service TSN reported.
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Hot or Not? Probably the Latter for This IPO

Hong Kong has been a breeding ground for hot IPOs this year but here's one that probably won't set the market on fire. Shandong International Trust Co. plans to raise as much as $450 million in the city, according to a term sheet seen by Bloomberg News. Investors leery of buying into China's shadow
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Central Bank to reveal review of mortgage lending rules

The Central Bank is unlikely to make any changes to its mortgage lending rules when it reveals a review later today. They determine how much banks can lend and the size of a deposit needed. Currently first time buyers need a 10% deposit and can only borrow three-and-a-half times what they earn.
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Write-In Candidate on Out-Campaigning Roy Moore: "Hold My Beer"

With nearly two weeks remaining until the Alabama Special Election to determine who will fill Attorney General Jeff Sessions' vacant Senate seat, a new write-in candidate has declared his interest in the post: retired Marine Col. Lee Busby. With some polls souring on Republican Roy Moore, the
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Unsold flats of real estate developers may come under the ambit of taxation

The tax on unsold flats that have been lying with developers for more than a year is to prevent and curb hoarding of the inventory by the real estate developers. The fresh tax would be applicable from the next financial year. This will prevent developers from hoarding constructed properties in anticipation
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DCB Bank raises 300 Crores from Tier II issue, MSME – retail lending on chart

New Delhi, Nov 28 (KNN) DCB Bank in its new engagement recently announced that the bank have raised over 300 crores, this will help increase the
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Central Bank to release review of mortgage lending rules

The Central Bank of Ireland will today release a review of the mortgage lending requirements last revised in November 2016. Last year, the Central Bank loosened the rules slightly, with first time buyers required to have a deposit of 10 per cent for house purchases. That marked a shift from the previous
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China's Unlucky Tycoon: The 'Canal Madman' Keeps Finding Trouble

Wang, who says he made his fortune mining in Southeast Asia before turning to telecommunications, is involved in the leadership of 30 companies, according to the website of his Hong Kong-based construction company, HKND Group. “I am a very ordinary Chinese person,” he told Bloomberg in 2013,
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Drought and Neglect Have Decimated Iraq's Breadbasket

Farmland on the outskirts of Sulaymaniyah, Iraq, on Oct. 18. The region once contained some of the most fertile land in the country but is now polluted by municipal waste, illegal oil drops, and fetid sewage water. Photographer: Alex Potter for Bloomberg Businessweek. East of the Iraqi Kurdish city of
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Why we are careering towards a banking inquiry

Nobody loves banks, nor ever has. Why would you? Sure, banks lend money, but they expect you to pay back more than you borrowed. And when you
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Nationals senator hits pause on banks inquiry

Nationals senator hits pause on banks inquiry

Queensland Nationals senator Barry O'Sullivan says he is 'hitting pause' on a banking royal commission and will not put it forward legislation on
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Lending restrictions no longer needed – Finance Minister

Finance Minister Grant Robertson says loan-to-value bank lending restrictions are no longer needed, given his government's plans to increase housing supply and crack down on foreign speculators. Grant Robertson's comments come on the eve of the Reserve Bank's financial stability report – when
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Global investment bank economist predicts more interest rate hikes

The Federal Reserve lends money to the nation's financial institutions, currently at very low rates. Once they raise their interest rates, the nation's
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Meredith to Buy Time Inc. With Koch Backing

Meredith Corp. agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the
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Reverse Mortgage Industry Leaders Emphasize Need for Program Stability

It was the one question that Joe DeMarkey, strategic business development leader at Reverse Mortgage Funding, had to repeatedly answer at the
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Airbnb, Reddit, and Twitter Sound Off About Net Neutrality

AirBnb, Reddit, Shutterstock, Tumblr, Etsy, Twitter and a long list of small internet companies urged the Federal Communications Commission on
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Why Students Should Leave Their Laptops Closed During Class

Score one for the Luddites. Taking notes with pen and paper may be more effective than with a laptop or tablet, studies show. In a New York Times
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What to expect from Q4 Canadian bank earnings

The recent outperformance of bank stocks versus the broader Canadian equity market suggests investors expect another good year for the sector in
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Banking inquiry: I don't want a probe but we are down two seats, PM says

Malcolm Turnbull has doubled down on his opposition for a royal commission into the banks as the government comes under pressure from a push by
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Online Thanksgiving Shopping Up 18 Percent YoY

Thanksgiving was a time to buy for a lot of Americans, with online shoppers spending $2.9 billion on the holiday alone. According to a news report in Recode, citing Adobe Analytics – the research firm that tracks 80 percent of online transactions from 100 of the leading retailers in the U.S. – online
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Real Estate Paralegal

Job Description. Our client is seeking a Full Time, temp to hire Real Estate Paralegal. The Real Estate Paralegal will be working for a growing Law
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Freddie Mac appoints new director to its board

“We are very pleased that Grace is joining the Freddie Mac Board,” Freddie Mac non-executive chairman Christopher Lynch said. “She is a seasoned executive with a deep understanding of the multifamily business and the capital markets.” “We look forward to the valuable insights and entrepreneurial
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Real Estate Transfers November 6 thru 17, 2017

Real Estate Transfers November 6 thru 17, 2017. 1 hour, 49 minutes ago Adams County Clerk. REAL ESTATE TRANSFERS 11/6 THRU 11/10.
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Scandal-Plagued Uber Hits the Road to Reassure Global Regulators

Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a massive data breach
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Politics live: Turnbull government faces defeat on banking inquiry

A banking commission of inquiry could be on the cards despite the government's opposition, with Nationals MPs, crossbenchers and the Labor Party
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When Affordable Housing Meets Free-Market Fantasy

has been routinely cited by influential purveyors of the market creed, including some with liberal credentials—among them the Obama White House,
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HFF announces financing totaling $82.3M for 2 Northern California apartment properties

The HFF team worked on behalf of the borrowers, affiliates of Prime Residential, to secure two separate 10-year, fixed-rate loans through Freddie Mac's CME Program. The securitized loans will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans.
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Bridging lending rebounds to eclipse pre-Brexit high

Gross annual bridging lending reached a new high of £4.7bn in September, eclipsing the pre-Brexit high of £4.4bn, according to research from West One Loans. Gross annualized lending increased from £4.3bn in June and was 10% above the same period in 2016. Within this recovery, there do appear
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London property prices dwarf earnings by 14.5 times

Donnell added: “As long as mortgage rates remain relatively low and the economy continues to improve, there is a strong feasibility that house prices
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Lawyers side with Trump in battle over CFPB leadership

In the latest development to the Consumer Financial Protection Bureau's power struggle, lawyers sided with President Donald Trump and his
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