Buyer immediately flips vacant Palm Beach lake lot for $800000 more

Buyer immediately flips vacant Palm Beach lake lot for $800000 more

It's been a busy few months, real estate-wise, on quiet Via Vizcaya in Palm Beach's Estate Section. A company associated with Palm Beacher and coffee mogulRobert Stiller — of Keurig and Green Mountain fame — this month closed the sale of a vacant lakefront lot at 12 Via Vizcaya for a recorded $4.7
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Economists agree: Tax reform will bring substantial economic growth

And earlier in November, House of Representatives passed its major tax reform, sending it to the Senate, but the housing industry is not happy about the decision. The economists explained that if capital stock was increased over ten years, it could bring the nation's gross domestic product up to 4%,
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Matt Lauer Is Reportedly Seeking a $30 Million Golden Parachute

Fortune contacted William Zabel, an attorney for Lauer, for comment, and we will update this article with any response. Lauer could stand to lose out on a large sum of money if NBC denies him his remaining salary, and he's not the only high-profile man in the entertainment world to find himself in such a
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RI Real Estate Notes: Barrington home sells for $1.6M

Bank Rhode Island announced that its commercial real estate division recently closed a $4.5-million loan to 93 Cranston St., LLC to finance the construction of the new Urban Greens grocery store and a separate apartment building at 93 Cranston St., in the West End of Providence. The target completion
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Exclusive: CEO of DNA Startup Human Longevity Is Out Amid Changes to Management Team

Fortune has learned she's joined by several members of the senior management team, including the COO, CMO, and the head of oncology. Co-founder and executive chairman Craig Venter has been re-appointed as chief executive. The decisions were made quietly following a recent board meeting.
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Sell or Hold? What to Do When Your Stocks Are Soaring

Major stock indexes are hitting new highs almost daily, adding to the huge gains many securities have posted in recent years. For example, Nvidia Corp. has gained almost 1,800 since the start of 2013. Over the past five years or so, Netflix is up 1,375 percent; Tesla is up 835 percent; Facebook is up 590
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China's banking regulator says will clean up existing micro loans

BEIJING (Reuters) – China's banking regulator said on Friday that it will clean up existing micro loans after it suspended its approval for new micro loan firms, amid a crackdown on riskier borrowing. The regulator is also taking measures to curb the rampant growth of cash loans and financial institutions
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Lynn Tilton Loses Challenge to Her Ouster From Board Seats

Patriarch Partners Chief Executive Officer Lynn Tilton lost a challenge to her removal by Zohar investment funds from the boards of some portfolio companies she claimed to control. Tilton improperly granted herself permanent control over board seats at three companies within the Zohar funds she once
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Price pressure is building in the Auckland housing market and sooner or later something has to …

There was a great wailing and gnashing of teeth on Thursday when the Reserve Bank announced it was slightly loosening loan-to-value ratio (LVR) restrictions on new mortgage lending. Much of the hand wringing was coming from real estate agents and valuers, two groups that have been particularly
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Critical Analysis: Berkshire Hills Bancorp (NYSE:BHLB) vs. PennyMac Financial Services (PFSI)

PLS is a seller and servicer for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Berkshire Hills Bancorp Company Profile. Berkshire Hills Bancorp logo Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire
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Greenyard's Stefan Reincke joins Landgard

“Based on Landgard's strong regional and national sourcing expertise with its own member companies, Stefan Reincke will continue to build and expand Landgard's international buying, sourcing and distribution expertise overseas for its strategic trading partners, with a focus on the north,” commented
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Head to Head Review: Orchid Island Capital (ORC) vs. Cherry Hill Mortgage Investment (NYSE …

Cherry Hill Mortgage Investment (NYSE: CHMI) and Orchid Island Capital (NYSE:ORC) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional
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One Nevada Credit Union Business Lending team names new Assistant Vice President and new …

RENO, NV (December 1, 2017) — One Nevada Credit Union is pleased to announce the promotion of Robert Kraus to Assistant Vice President / Sr. Credit Analyst of Business Lending at their corporate offices in Las Vegas. Robert will continue analyzing credits, underwriting new loans and managing
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Hunting for College Scholarships

The spring semester is quickly approaching. With the impending holiday break, what better way to spend your time than searching for scholarships? While it may not be on the top of your to-do list over your break, taking this initiative can pay off. Most college graduates leave with a diploma in one hand
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Blockchain By Oracle Powers Next-Generation Lending Model

FinTech lending firm Biz2Credit has partnered with blockchain consulting firm AuraBlocks to give its lenders full access to view merchants key financial indicators. Biz2Credit connects small business owners with lenders and service providers, thus empowering them to effectively compete with big
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How the banks made the best of a bad hand

Former Reserve Bank governor and Treasury Secretary Bernie Fraser has seen many inquiries come and go. Some good and some not so good. From what he has seen and heard of the banking royal commission so far, he doesn't have high hopes. “You shouldn't pre-judge these things of course but I
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Blockchain Lending On Real-World Assets Is Brickblock Mission

Brickblock, an investment platform connecting real-world assets and cryptocurrencies, is partnering with ETHLend to explore the possibilities of lending with blockchain technology. ETHLend is a decentralized peer-to-peer lending application that runs on the ethereum blockchain network. ETHLend
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Achmea Investment Management BV Has $1.33 Million Stake in Marriott International Inc (MAR)

The institutional investor owned 12,108 shares of the company's stock after purchasing an additional 9,886 shares during the quarter. Achmea Investment Management B.V.'s holdings in Marriott International were worth $1,333,000 as of its most recent SEC filing. A number of other large investors have
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Freddie Mac Prices $637 Million Seniors Housing Multifamily K Certificates

MCLEAN, VA–(Marketwired – Dec 1, 2017) – Freddie Mac ( OTCQB : FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $637 million in K
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Nextdoor Expanding Real estate Listings To New Markets

“From the very beginning, some of the most popular neighborhood conversations on Nextdoor have been about homes for sale and the local real estate market,” Tolia told HousingWire. “The launch of our new real estate category makes it easy for neighbors to easily find listings for nearby homes for
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Holocaust Survivors Want Explanation for Naked Video Filmed in Nazi Gas Chamber

Holocaust Survivors Want Explanation for Naked Video Filmed in Nazi Gas Chamber

Back in 1999, Polish artist Artur Żmijewski shot a controversial video of naked men and women playing tag in a gas chamber. The piece was not displayed until 2015 in an exhibition at the Museum of Contemporary Art in Krakow, called “Poland—Israel—Germany—The experience of Auschwitz.
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Bitcoin Futures Are a Bet That Digital Money Will Take Over the World

Offering bitcoin futures was a response to user demand and a reflection of the belief that digital currencies will grow worldwide in the decades to come, said Chris Concannon, president of Cboe Global Markets Inc., one of three venues that announced it will soon start offering the products. “We are big
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NY Times Scales Back Free Articles to Get More Subscribers

The New York Times, seeking to amass more paid subscriptions in an era of non-stop, must-read headlines, is halving the number of articles available for free each month. Starting Friday, most non-subscribers will only be able to read five articles rather than 10 before they're asked to start paying. It's the
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Spot trends and buy/sell signals: BB&T Corporation (BBT), Mondelez International, Inc. (MDLZ)

At the session level, shares of BB&T Corporation(NYSE:BBT) moved -0.16% from the open. The most recent bid on the stock was registered at $49.42. Further, company shares have been seen trading -0.98% off of the 52 week high and 20.04% away from the 52 week low. Narrowing in further, the stock
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New BIS Chief Carstens Plans to Train His Sights on Bitcoin

Agustin Carstens, who assumes leadership Friday of the Bank for International Settlements, will make digital currencies and financial technology two of his top priorities. The 59-year-old, who previously served as governor for Mexico's central bank and also as the nation's finance minister, termed
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Mark Cuban Says Bitcoin Futures Approval Is 'Generally Positive'

Billionaire venture capitalist Mark Cuban says bitcoin futures trading on major exchanges will potentially have a positive impact on the cryptocurrency. Mark Cuban. Photographer: David Paul Morris/Bloomberg. CME Group Inc., the world's biggest exchange owner, and smaller venue Cboe Global
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As Bitcoin Prices Soar, Cryptocurrency 'Unicorn' Coinbase Levels Up With a New Hire

As the price of Bitcoin zooms to its highest ever heights, the cryptocurrency's most valuable startup is preparing for adulthood. Coinbase, one of the world's first Bitcoin brokers, last appraised by investors at $1.6 billion in August, is adding a president and chief operations officer to its ranks. The so-called
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OPEC's Easy Win Masks Tougher Oil-Market Choices Still to Come

Bloomberg's Yousef Gamal El-Din reports on OPEC extending production cuts through the end of 2018. On the surface, Thursday's OPEC meeting was a no-drama success. The group of oil nations agreed to extend year-old production cuts through the end of 2018 to help boost prices, no small
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Norfolk real estate investment firm buys 25 apartments for $1.8 billion

Norfolk real estate investment firm buys 25 apartments for $1.8 billion. By Kimberly … The real estate investment firm and management company bought a portfolio of 9,677 units from Lone Star Funds, a Dallas-based private equity company. … Harbor Group now has $7.1 billion invested in properties.
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Two charged in real estate fraud scheme to plead guilty

Two men accused in schemes to use fake emails targeting real estate transactions in several states have indicated they will plead guilty later this month. Ismail Shitu, a native of Ghana living Brookline, and Akintayo Bolorunduro, a Nigerian living in Atlanta, are set to plead Dec. 20 in U.S. District Court to
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KeyBank Secures $192.5M Refinancing for Seniors Housing Portfolio in Texas

Charlie Shoop and Caleb Marten of KeyBank structured the Freddie Mac loans, which included 10-year interest-only terms and were used to refinance an existing bridge loan provided by KeyBank. The funds were secured on behalf of the borrower, healthcare and seniors housing investment firm Kayne
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Traders Buy Ctrip.Com International (CTRP) on Weakness

Ctrip.Com International logo Traders bought shares of Ctrip.Com International Ltd (NASDAQ:CTRP) on weakness during trading hours on Wednesday. $63.14 million flowed into the stock on the tick-up and $23.76 million flowed out of the stock on the tick-down, for a money net flow of $39.38 million into
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You Had Questions About Canadian Real Estate Cycles, So Here's Some Answers

Over the past week we got an usual number of questions, about a piece I wrote last week. The article focused on Canadian real estate cycles, and was based on some things I said as a guest of the Toronto Association of Business and Economics (TABE) and Ryerson CUR. Instead of responding to them
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Two Miami-based banks are merging to form the third largest bank in Florida

Two Miami banks are merging to form the third-largest bank based in the state of Florida. On Friday, City National Bank announced it was purchasing TotalBank for $528 million from Banco Santander of Spain. Both banks are stalwarts of the South Florida banking community, with City National operating
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Brexit Risks Leaving Banks on the Hook for Impossible Contracts

… syndicates with members based in the U.K. For example, lenders to Volkswagen Financial Services AG's 2.5 billion-euro ($3 billion) line include London-based entities for Bank of America Corp. and Citigroup Inc., as well as the U.K. units of the major British banks, data compiled by Bloomberg show.
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A Hot Real Estate ETF Idea for December

Historically, December is a good month for the S&P 500, but there are also sector-level opportunities for investors to consider in the final month of the year. Data suggest the iShares Dow Jones US Real Estate Index Fund (NYSEArca: IYR) is one of those ideas. Although it is widely expected that the
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RBS and NatWest to close 259 branches

RBS has announced that it's closing a total of 259 branches across its network – including 62 Royal Bank of Scotland branches and 179 NatWest – following a review of how people use its banking services. The closures will result in around 680 redundancies, which it hopes will be largely achieved on a
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Qualcomm's NXP Fumble May Cost It the Game

Qualcomm Inc.'s dawdling over its offer for NXP Semiconductors NV has only made the chipmaker more susceptible to advances from Broadcom Ltd. Broadcom is contemplating a proxy fight at Qualcomm after the latter company rejected its $70-a-share takeover proposal, betting it can harness
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NTC Executive Recognized by HW's Vanguard Award Program

BUSINESS WIRE)–Nationwide Title Clearing (NTC), the leading post-closing services provider for the nation's largest financial institutions, investors and servicers, is proud to announce that Jimmy Walby, NTC's Deputy Chief Operations Officer, was recognized in the December issue of HousingWire as
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Turkish banking regulator approves Bank of China licence – Anadolu

ANKARA, Dec 1 (Reuters) – Turkey's BDDK banking regulator approved a banking licence for a Turkish branch of the Bank of China, the regulator's head was cited as saying by state-run Anadolu news agency on Friday. The Bank of China Turkey AS will be able to start operations as of Saturday, BDDK
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Views From The Turnbuckle: The Boring Road To WrestleMania; Who Actually Cares About …

Views From The Turnbuckle: The Boring Road To WrestleMania; Who Actually Cares About …

Steve Austin defeating Shawn Michaels for the WWF Championship at WrestleMania 14 was predictable because it was obviously the right move for the WWF from a financial point of view and that historically wrestling companies are supposed to move the world title onto the hottest guy. Conversely
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Baby Boomers prefer a No-Baggage Lifestyle like Millennials

Baby boomers are perhaps the fastest growing section of the U.S. population looking to rent residences across the country. This group of people has a greater amount of funds as compared to its millennial counterparts. Hence, developers are now desperate to come up with schemes that would attract
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LPC: US private equity lending hits record levels

NEW YORK, Dec 1 (Reuters) – Lending to US private equity-owned companies hit a record high of US$588bn at the end of November, despite regulators' attempts to cool the market and a lack of jumbo deals, and is expected to climb further before the end of the year. Sponsor-backed lending is already
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Japan smart home market is predicted to be US$ 5 Billion by 2024

Japan Smart Home Market, Volume, Forecast: Home Automation, Home Entertainment, Ambient Assisted Living (AAL), Energy Management, Security Company Analysis: Panasonic Corporation, Secual Inc, Connected Design Inc, iTSCOM, Sony Corporation is a market research report published by
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Fortune favors the brave essay about myself

Fortune the essay myself favors about brave. What's wrong with you people? Nag major gani kog math kay wa koy talent anang essay writing. I want to write a essay on my life. Turn it in and see what I grade I get. One for any students who've been prevented from writing essays due to pets…(not usually
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Commercial Mortgage Delinquencies Continue To Decline

The national commercial mortgage delinquency rate declined 26 basis points to 2.68 percent in October for the fourth consecutive month, according to a new report from Morningstar Credit Ratings. The unpaid balance of commercial mortgages fell 4.5 percent, and securitized mortgages rose above
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Halifax steps in to free mortgage prisoners

Known as 'mortgage prisoners', these are borrowers trapped in their existing deal and unable to switch. This is often due to weak loan-to-value, prior self-certification, taking out an interest-only mortgage, self employment or having 'credit blips' in an otherwise good mortgage payment record.
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Improve the Mortgage Lending Experience by Streamlining Asset Verification

Register Now! Date: 12.14.2017. Time: 11 am PT / 2 pm ET. While there may be multiple ways to verify borrowers' assets, the outcome may be less than optimal if the right data isn't available. Choosing a mortgage asset verification service that can't access the best data or help you make sense of the
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Sweden: Weakening Nordic housing markets in focus

Sweden: Weakening Nordic housing markets in focus … In all Scandinavian countries, we have interesting data out on housing markets. … We believe the factors that have driven the flattening, including expected market pricing of more Fed hikes in 2018, in a low inflation environment will continue to
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MAS points to risks in the Singapore property market

The recent surge in collective sales poses potential risks to the stability of the local property sector. Hence, market players should proceed cautiously, according to the 2017 Financial Stability Review (FSR) published by the Monetary Authority of Singapore (MAS) on Thursday, 30 November.
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Mortgage Servicing Manager

A Mortgage Default Servicing Manager position is available, courtesy of Accounting Principals, in Richmond, Virginia. Ideal candidate will have a Bachelor.
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Mortgage Servicer Walter Investment Management Files for Bankruptcy

Heavily indebted mortgage servicer Walter Investment Management Corp. has filed for bankruptcy protection with a plan to turn over the firm's ownership to some of its lenders. The Fort Washington, Pa., company filed for bankruptcy late Thursday after negotiating a debt-for-equity swap with some
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Search Results

The reason: The issuers have been buying their collateral mainly from banks, Fannie Mae and Freddie Mac — whose reperforming-mortgage inventories are beginning to run low on the stronger accounts the loan buyers have favored to date. “This is the evolution of RPL bonds,” one banker said.
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Improving Economic Productivity By Mastering Data

The business challenge, particularly for organizations in the oil and gas sector, is to streamline the order process and eliminate these errors, thereby significantly increasing productivity while also making products and services more attractive to international buyers. A recent study recommended the
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'Tis the Season For Ridiculously Expensive Tequila

It's not hard to find a premium beer, wine or spirit during the holiday season. Booze is a popular gift and people want to buy something special for close friends and family. But a new pair of tequila offerings may set a new bar. Patron and Casa Noble are both offering ultra-high end bottles to connoisseurs
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Underwriter (Mortgage)

MinnesotaJobs.com | Professional and administrative work primarily involved in reviewing and underwriting files/mortgage loans applying all federal and state guidelines and regulations to ensure compliance.
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HFF announces $37.55M acquisition financing for 302-unit apartment community in Cary, North …

The securitized loan will be serviced by HFF, a Freddie Mac Multifamily Approved Seller/Servicer for Conventional Loans. Loan proceeds were used to capitalize the purchase of the property, which represents Taurus' second acquisition in North Carolina. Brook Arbor is situated along State Highway 55
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Current Mortgage Rates for Friday, December 1, 2017

The Senate vote is definitely a significant milestone and if the bill passes we would almost certainly see a spike in Treasury yields and mortgage rates. Looking back at the week, the biggest jump in rates came on Wednesday when the second-estimate for third quarter GDP came in above expectations.
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UPDATE 1-MONEY MARKETS-Jump in overnight euro bank lending rate baffles markets

Most also reckon the benchmark remains a valid measure of interbank lending rates. “We have a robust economic backdrop, countries such as Italy have been addressing problems in its banks and the sector is more solid than it has been for some time, so I don't see liquidity problems,” said DZ Bank
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Fortune's Faded Glory

Yet, hard as I tried, I couldn't muster any reason to renew Fortune magazine for $60 when my subscription recently expired. The last Fortune article that wowed me was a two-part series on the Sony hack by Peter Elkind published more than two years ago, who has long since bailed from the business
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FNB customers irate over online banking issues

FNB customers irate over online banking issues

CAPE TOWN – First National Bank's online banking system is currently down and has been down for most of the morning, causing frustration for a number of customers. … I think #FNB should really reconsider being a bank, every month end our lives are put on hold because your systems are down.
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Shares Seesawing on Volume: AL-SALAM REAL ESTATE INVESTMENT TRUST

Volume is incredibly important to traders. Moving averages can help smooth out these erratic movements by removing day-to-day fluctuations and make trends easier to spot. Among 7 analysts covering Alexandria Real Estate Equities Inc. A certain stock may be considered to be on an uptrend if trading
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Brookline Bank Names Head Of New Lending Office North Of Boston

Brookline Bank has hired David Paikin to head the bank's new lending office in Wakefield that will focus on commercial and industrial clients. “We see great commercial banking opportunities for Brookline Bank in markets north of Boston and we are so pleased to have David take on the important role of
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World Aids Day

Following this year's global World AIDS day theme of 'Increasing Impact through Transparency, Accountability, and Partnerships'; we are excited that Standard Bank has partnered with The Global Fund a non-profit global organization to fight HIV/AIDS in Africa. It is both our aspiration to eradicate
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Opinion Why doc prep providers are a lender's best friend

Today's regulatory environment can sometimes feel like an obstacle course. With such a wide range of rules and regulations that touch on so many different facets of the lender's business, maintaining compliance has become a full-time job. It's simply not realistic to expect that lenders can properly
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Hackers are testing out this updated banking malware with added stealthy attacks

The new version of the Ursnif trojan comes with new attack techniques. Image: iStock. A new version of the Ursnif banking trojan is being tested out in the wild with modifications to the code and new attack techniques in an attempt to make the malware even more effective. Part of the same malware
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Judge rejects class status in case over Wells Fargo mortgage fees

A federal judge in Marshall, Texas, has declined to certify a nationwide class action against Wells Fargo Bank alleging that it charged improper fees to its mortgage customers who went through personal bankruptcies. In a decision on Wednesday, U.S. District Judge Robert Schroeder agreed with
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Fitch asks whether Mexican government lending change raises risks for banks?

Government lending within Mexico's banking sector is likely to concentrate further over the medium term, which could lead to elevated liquidity and political risk among some financial institutions, says Fitch Ratings in a market comment. Competition for lending to Mexico's public entities has intensified in
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China toughens regulations on payday lenders

“For the first time regulators are very specific and explicit about keeping rates and fees charged to borrowers below the 36 per cent threshold,” said Spencer Li, a vice president at business lending platform Fincera. “Consumer finance companies could take a hit, or they could raise rates on low risk
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Court ruling could end secrecy surrounding home prices

A court ruling Friday could bring an end to a multi-year fight over who has access to data about how much homes sold for, information that real estate agents have fought long and hard to keep confidential in a practice that some critics say keeps consumers at a disadvantage. The Federal Court of Appeal
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Swedish c.bank's Floden sees small effects from tighter mortgage rules

STOCKHOLM, Dec 1 (Reuters) – The effects on the Swedish housing markets from a tighter amortization requirement will be small, central bank Deputy Governor Martin Floden said on Friday. “The (tighter) amortization requirement is aimed at a small group and the effects will be small, both on prices
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2017 fortune 500

Or you just might want the bragging rights associated with being one of the top companies in the country. In total, Fortune 500 companies represent two The 2017 Fortune 500 Go Visual and Increase Use of Instagram, Snapchat, and YouTube . The 2017 list contains the same seven drug channel
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US Mortgage Rates Inch Lower in Late November

According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate inched lower in the U.S> in late November 2017. Freddie Mac's Deputy Chief Economist Len Kiefer said, “The 30-year fixed mortgage rate fell two basis points to 3.9 percent in this week's survey,
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Insider Trade Update: De Van Increases Stake In Mondelez International, Inc. (MDLZ) With …

Trian's stake was worth $1.83 billion at the time of purchase. Institutional shareholders currently hold a 77.20% stake overall in MDLZ. Mondelez International, Inc. (NASDAQ:MDLZ) continues to be a formidable company. Current market cap is $64.44B and the stock has an EPS of $1.44. The P/E Ratio
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Berkeley reports amid mounting signs of London property market woes

Rival London builder Telford reiterated in its recent interim results that Brexit uncertainty and tax changes were knocking demand for higher priced homes in London, but said this continues to be offset by an ongoing shortage of homes in the capital. Berkeley said in September that it was in “excellent
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Prince Harry and Meghan Markle's First Joint Royal Trip Is a Nod to Princess Diana

Britain's Prince Harry and his fiancee Meghan Markle perform their first official engagements together on Friday since they publicly announced they were getting married, to raise awareness of HIV/AIDS and youth crime. The visit to a charity fair to mark World Aids Day is particularly symbolic for Harry
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This $15 Ticket Buys What Tesla Fans Have Waited 20 Months For

Tesla Inc. has kept several hundred thousand would-be buyers waiting to see a car they started paying $1,000 deposits for 20 months ago. The chance to finally get up close to a Model 3 sedan can be had now for another $15. A Tesla Model 3 ahead of the Los Angeles Auto Show on Nov. 30.
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RBS to axe 680 jobs as it closes 259 branches

Royal Bank of Scotland is closing 259 branches in a move that unions fear signals the end of high-street banking. … In March, when RBS last announced a branch closure programme, the consumer group Which? calculated that high street banks had closed more than 1,000 branches in the UK between
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Hungary Says Soros Spy Report Shows Election Interference Risk

Hungary's intelligence services completed a report on the “network” run by George Soros, backing up the claim that the financier is trying to interfere in next year's elections, Prime Minister Viktor Orban said. In an interview with state-run Kossuth radio Friday, Orban reiterated accusations that Soros was
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Michael Flynn Expected to Plead Guilty to Lying to FBI

Bloomberg's Greg Farrell reports on Michael Flynn's expected guilty plea to making false statements to FBI agents. Michael Flynn, who was fired as President Donald Trump's national security adviser after revelations about his communications with Russia's ambassador, is expected to plead guilty Friday
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Insider Buying: Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Director Purchases …

Insider Buying: Valeant Pharmaceuticals International, Inc. (NYSE:VRX) Director Purchases …

Valeant Pharmaceuticals International logo Valeant Pharmaceuticals International, Inc. (NYSE:VRX) (TSE:VRX) Director John Paulson bought 344,216 shares of the business's stock in a transaction on Thursday, November 16th. The stock was purchased at an average price of $14.40 per share, for a
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Amicus announces £61m of lending in November

Specialist short-term property lender Amicus Property Finance lent £61m in November, citing continued confidence in the short-term property lending market. There were more applications from new brokers and strong demand in the North and South of England as well as in Glasgow and Edinburgh.
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Analysts Predict Oaktree Specialty Lending Corpo (OCSL) Stock Can Get To A $866.34M Market Cap

Oaktree Specialty Lending Corpo (NASDAQ:OCSL) closed November 30 at $4.82, down -18.44% or $1.09 from its record high price of $5.91. Looking at the other side of the coin, OCSL traded as low as $3.9 in the past 52 weeks, and since then the shares have risen 23.59% or $0.92. The recent price
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Federal Court To Rule On Whether Toronto Real Estate Board Must Share Sales Data Online

“By denying agents the ability to introduce new and innovative real estate brokerage services using the internet, consumers are ultimately denied the benefits of greater competition,” the Competition Bureau said in a statement. “More competition generally means lower prices, better product quality,
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WPX Energy Adds President's Title to Company's COO

TULSA, Okla.–(BUSINESS WIRE)–WPX Energy (NYSE: WPX) has named Clay M. Gaspar as president effective Dec. 1, 2017, in addition to his current role as the company's chief operating officer. Gaspar and the balance of WPX's senior leadership will continue reporting directly to Rick Muncrief, WPX's
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December Real Estate Extra home of the month: Andrea and Andy Johnson, Mason City (with …

December Real Estate Extra home of the month: Andrea and Andy Johnson, Mason City (with photos) ….. Situated on a 140-by-180-foot lot, the home is surrounded by properties — like 105 Pebble Creek Drive — are impeccably maintained with great curb appeal — clearly cared for with pride and
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Oaktree Specialty Lending Corpo (OCSL): Scrutinizing the Chart

Latest evolution in the price of Oaktree Specialty Lending Corpo (NASDAQ:OCSL) stock has been one of the most talked about matter among the interested investors. Many experts agree that the truth about a stock is best reflected in the way it moves on the chart. For this stock, the chart has a lot to say
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Brazil's BNDES to miss lending target

The head of Brazilian development bank BNDES has ruled out the possibility of reaching its lending goal for this year. The bank … Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in
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Term Sheet — Friday, December 1

FORTUNE GLOBAL FORUM: I'll be covering Brainstorm Tech International and Fortune Global Forum in Guangzhou, China next week. (If you're attending, say hi!) This year's conference will explore trends in global business, innovative breakthroughs, and economic development. Speakers include
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First American Corporation (The) (NYSE:FAF) Shares Sold by Financial Engines Advisors LLC

The institutional investor owned 32,754 shares of the insurance provider's stock after selling 4,379 shares during the quarter. Financial Engines Advisors … The Company operates through the title insurance and services segment, and specialty insurance segment. The title insurance and services
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LendingClub Closes First-of-Its-Kind Transaction in Marketplace Lending

SAN FRANCISCO, Dec. 1, 2017 /PRNewswire/ — LendingClub (NYSE: LC), America's largest online marketplace connecting borrowers and investors, today announced that it has closed a first-of-its-kind transaction in marketplace lending — a whole loan transaction structured as a tradeable,
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Canadian Real Estate Association Wants Parents To Raid RRSPs To Help Their Kids Buy A Home

In October, the benchmark price of a property in Greater Vancouver hit $1,042,300, up 12.4 per cent from the previous year, according to figures from the Real Estate Board of Greater Vancouver. Meanwhile, in the Greater Toronto Area that month the average property price was $780,104, up 2.3 per cent
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Budapest bourse to introduce mortgage bond indices

The indices, the BSE Mortgage Bond Total Return Index (BMBX Total Return), the BSE Mortgage Bond 3-Year Yield Index (BMBX Yield 3Y) and the BSE Mortgage Bond 5-Year Yield Index (BMBX Yield 5Y), are being introduced in cooperation with the National Bank of Hungary (MNB). The index values
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Data Sheet—The Four Biggest Opportunities for Alibaba

I asked Zhang one question he'd like to ask his boss, given that Jack Ma will appear onstage next week at the FORTUNE Global Forum in Guangzhou, China. Like everyone else on the planet, Zhang wants to know what outsized feats Ma will perform next. “In 2016 Jack flew 800 hours,” circling the globe
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Nordea Bank's 6000 Job Cuts Are Just the Beginning, Union Says

One of Sweden's main financial-worker unions says the job cuts announced in October by Nordea Bank AB are just the beginning of a transformation that's about to hit the whole industry as more financial firms come to rely on digital solutions. The Nordic region's biggest bank has yet to reveal to its staff
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ICF International (NASDAQ:ICFI) Upgraded at ValuEngine

Zacks Investment Research upgraded shares of ICF International from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a report on Wednesday, October 4th. SunTrust Banks reaffirmed a “buy” rating and issued a $62.00 price target on shares of ICF International in a research
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Feedback Friday: Tax Special — CEO Daily, Friday 1st December

It is Feedback Friday, and time to share some of the swarm of commentary I continue to receive on the tax bill being rushed through Congress. My comments yesterday clearly left many CEO Daily readers unsatisfied. This is from F.S.: “My concern w/ the tax bill and the relatively positive view you have of
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Apollo Commercial Real Estate Finance: This 9.9%-Yielding REIT Still Has A Lot Of Potential

I continue to believe that Apollo Commercial Real Estate Finance, Inc. (ARI) is a preferred income vehicle to hold in a rising rate environment. Higher prime rates should translate into net interest income tailwinds related to the REIT's large portfolio of floating-rate debt. Shares sell for a discount to BV.
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Mortgage loan profits flag in Q3

“Production revenues remained relatively flat, with a minimal uptick in per-loan production revenues resulting from higher loan balances,” Walsh said. Expenses, which include salaries, commissions and other costs of doing business, rose just under 4 percent in the quarter, and have come up by 32
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Zimbabwe's President Names Cabinet, Shuns Opposition

Zimbabwe's new president appointed a cabinet that sees Patrick Chinamasa return as the southern African nation's finance minister and the opposition excluded as the government returned party loyalists to power along with generals weeks after a military coup. President Emmerson Mnangagwa
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How Britain's high street banks became an endangered species

How Britain's high street banks became an endangered species

There has been a flurry of bank closures this year, as more customers move to online and telephone banking. Lloyds, HSBC and Barclays have all closed branch networks across Britain in 2017. Telegraph analysis puts the number of branch closures in 2017 – including the Big Four, Clydesdale and
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Royal Navy Bid To Be On "Nice" List By Lending Father Christmas Helping Hand

The Royal Navy have been getting into the Christmas spirit, with a team of volunteers from HMS Sultan offering to lend Father Christmas a helping hand. Divisional staff from the Defence College of Technical Training are sure to be on the nice list after they stepped in to help refurbish a derelict sleigh
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Prices On Homes With Fannie Or Freddie Mortgages On The Rise

Prices on homes with Fannie or Freddie mortgages are on the rise nationwide. Arizona is one of four states, plus the District of Columbia, where prices have risen the most. Nationwide, homes with Fannie Mae or Freddie Mac mortgages are up in price 6.5 percent in the third quarter of this year,
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China Bans Unlicensed Micro-Lending, Curbs Rates to Limit Risks

The total interest rates plus fees charged on borrowing can't exceed the ceiling imposed by the Supreme People's Court, and lenders are barred from giving loans to those without income, China Business News reported, citing an official notice. Regulators will also stop approving new micro-lenders, and
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P2P platforms rush to launch innovative finance Isas

Peer-to-peer lenders including Funding Circle and RateSetter have set dates for the launch of their innovative finance Isas, but high demand and a clampdown from providers on the highest risk borrowers will slow the process for new investors. First announced in the 2014 Budget, the new products
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Prime Residential Real Estate Outlook in England Points to Slow Growth

Prices of residential real estate in prime central London appear to have leveled out, after a 15.2% drop since the city's peak in mid-2014, according to research from real estate adviser Savills, and expert opinion. Over the next five years, prices of prime properties are expected to increase across the
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Weatherford International (WFT) Debt Trading 1.7% Higher

BidaskClub cut shares of Weatherford International from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Finally, Scotiabank restated a “buy” rating on shares of Weatherford International in a research report on Tuesday, August 29th. Three investment analysts have
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Dr Sheldon Cooper's guide to handling real estate conversations

What if we unleashed our inner Sheldon when buying, selling, renting or investing in real estate? Let's take a look at how that might work using some of Sheldon's best-known insults. 1. To a lender bearing bad news: “No, no I'm listening. It just takes me a minute to process so much stupid all at once”.
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Manitowoc real estate transfers and homes sold: Dec. 3, 2017

To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS: Streetwise Manitowoc: Mayor Justin Nickels to
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Housing Is Safe From Washington

Fannie Mae and Freddie Mac already have higher limits on mortgages they insure in expensive housing areas, giving borrowers access to lower-cost mortgage money than from private lenders. In 2009, in response to the housing crisis, Fannie Mae and Freddie Mac increased the limit on loans they
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Lending Sales Supervisor

Mortage Sales Supervisor ( RE Lending Sales Supervisor). JOB SUMMARY: Actively manage a team(s) of internal Loan Officers specific to the relocation loan program and Mortgage Origination Support Specialists to promote the Credit Union's lending programs and generate loan opportunities.
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Justin Fichelson On the US Real Estate Investment Trends for 2018

The real estate market is one of the most in-tune economic barometers; its transactions add up to nearly 15 percent of GPD. As globalization and digitization continue to disrupt established labor and business patterns, housing needs and investment opportunities evolve as well. In certain go-to metro
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Is Nashville in a housing bubble? Market now showing some signs of cooling

His client, Aerial Development Group, tore down a tiny $165,000 house in Shelby Hills and built a four-bedroom navy blue house will all the latest design trends. Village Real Estate listed it for $649,000. The house hasn't moved. After dropping the price to $639,000 with little effect, he got creative.
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China Cracks Down on Online Micro-Lending Firms With New Rules

“Amid the rapid development of cash loans – while they have played a role in meeting the normal credit needs of some groups – problems such as over-lending, repeat borrowing, improper collection, abnormally high interest rates, and privacy violations have become prominent,” the multi-ministry group
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FNB clients frustrated as ATMs, mobile banking goes offline

FNB clients frustrated as ATMs, mobile banking goes offline. South Africa; Friday 1 December 2017 – 2:20pm. File: First National Bank customers were unable to do any banking on Friday following technical issues. Photo: FNB Smartphones. JOHANNESBURG – First National Bank (FNB) customers were
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Bloom Properties to Showcase Extensive Real Estate Portfolio at Dubai Property Roadshow, London

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is set to showcase its extensive portfolio of real estate projects at the Dubai Property Roadshow, London. Set to run on
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Broadcom Delays Higher Qualcomm Bid Until Next Year

Broadcom Ltd. isn't planning to increase its $105 billion offer for Qualcomm Inc. ahead of a proposal next week to replace directors on its board, according to people familiar with the matter. Broadcom doesn't anticipate increasing its $70-a-share offer until closer to Qualcomm's board meeting in March,
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Unilever CEO Loses His Cool With Analyst at Investor Event

Unilever Chief Executive Officer Paul Polman, who has built his reputation on a softer approach to capitalism, showed he can get feisty, too. His combative side was on display at an investor meeting Thursday in Englewood Cliffs, New Jersey, where the Dutchman found himself confronted with tough
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Financial Sector Update for 12/01/2017: JPM, BAC, WFC, C, USB, IRET, BXMT, WAC

Also lower in pre-bell trade was Walter Investment Management ( WAC ), which shed 18% after the mortgage loan servicer filed a voluntary chapter 11 petition in the US Bankruptcy Court for the Southern District of New York. The prepackaged restructuring plan is expected to be complete in Q1 of 2018
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Is Buying ORBIT INTERNATIONAL CORPORATION (OTCMKTS:ORBT), Having Lower Short …

The stock of ORBIT INTERNATIONAL CORPORATION (OTCMKTS:ORBT) registered a decrease of 14.29% in short interest. ORBT's total short interest was 600 shares in December as published by FINRA. Its down 14.29% from 700 shares, reported previously. With 3,400 shares average volume, it will
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UPDATE 1-Swedish central bank's Floden sees small effects from tighter mortgage rules

UPDATE 1-Swedish central bank's Floden sees small effects from tighter mortgage rules

STOCKHOLM, Dec 1 (Reuters) – Sweden's government was right to go ahead with tighter mortgage rules even if they have a bigger effect on house prices and the economy than the modest impact currently expected, central bank Deputy Governor Martin Floden said on Friday. The minority coalition
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Central Banks Find That a Tool to Curb Bubbles Is Doing the Job

The Bank of Canada is expressing a similar sentiment: property-market overheating and financial stability risks are being curbed amid higher mortgage rates and policy measures. Fewer highly indebted households are able to qualify for loans, ensuring the system will continue to build resiliency, the
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Bankers' pay in focus as commission examines culture

To create lasting change in the banking sector, the Hayne royal commission will have to delve into the design and application of remuneration packages at all levels of banks given they are the biggest driver of misconduct, say leading governance experts. Bank culture, ethics, governance and pay
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Invest in Bitcoin 'At Your Own Risk,' Bank of France Says

Bitcoin is a speculative asset and people who invest in it do so at their own risk, the Bank of France Governor Francois Villeroy de Galhau warned on Friday after recent volatile trading. “We need to be clear: bitcoin is in no way a currency, or even a cryptocurrency,” Villeroy said in remarks made at a
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Former Liberal leader claims bank influence on government is 'blatantly obvious'

A former state Liberal leader has accused the Turnbull government of political motivations by allowing the banks to drag industry superannuation funds into the impending financial services royal commission. As the government moved swiftly to get the royal commission moving on Friday, announcing the
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Loveland Museum Installation Puts Volunteers And 250000 Fortune Cookies To Work

“I remember as a kid always looking forward to digging in the bag to get the fortune cookie because there's something neat about having to break something open, take out a tiny piece of paper and see what it says,” said Jess Killingsworth, marketing coordinator for the Loveland Art Museum.
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Fee-free mortgage deals could cost more than you think

Buying a property is an expensive business. So if your lender offered a fee-free mortgage, would you be tempted? If the answer is yes, you're not alone. The Bank of England included a striking chart in its regular report on financial stability this week. It showed that the proportion of new mortgages which
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The Daily Prophet: Forget the Trump Bump. It's the McCain Gain

Also, the links between stocks have loosened to one of the lowest levels since at least 2011, according to Bloomberg News' Lu Wang. The realized correlation between the S&P 500 and its top stocks, or the degree to which they move together, has averaged 0.2 this year, down from 0.4 in 2016 based on
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'A Disgraceful Verdict!' Trump Slams Acquittal of Undocumented Mexican Man in Sanctuary City …

On Thursday, a jury acquitted a Mexican immigrant who was in the U.S. illegally in the death of a woman in San Francisco two years ago. The acquittal spurred a response from Trump, who tweeted, “ A disgraceful verdict in the Kate Steinle case! No wonder the people of our Country are so angry with
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Morning Technical Insight on These Banking Stocks — Lloyds Banking, Royal Bank of Scotland …

For today, WallStEquities.com draws investors' attention to Lloyds Banking Group PLC (NYSE: LYG), The Royal Bank of Scotland Group PLC (NYSE: RBS), Banco Santander S.A. (NYSE: SAN), and UBS Group AG (NYSE: UBS). Companies in the Foreign Money Center Banks industry offer financial
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Trump Calls Acquittal in Sanctuary City Murder 'Disgraceful'

President Donald Trump blasted a California jury that acquitted a Mexican immigrant who was in the U.S. illegally in the shooting death of a woman in San Francisco two years ago after local officials let the man go while he was awaiting deportation. “A disgraceful verdict in the Kate Steinle case!
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Most American Kids Today Will Be Obese by Age 35

The U.S.'s obesity problem is set to get much worse, according to new Harvard research that simulates future obesity rates for those Americans who are currently children. While a recent report from the Centers for Disease Control and Prevention (CDC) suggested that almost 40% of American adults are
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Google, Biggest Corporate Buyer of Clean Power, Is Buying More

The company has agreed to buy 2,397 megawatts of clean power in the U.S. — and 3,186 megawatts overall, according to Bloomberg New Energy Finance. Amazon.com Inc. is the second biggest corporate buyer, with 1,219 megawatts, all in the U.S.. Its “electricity consumption is considerable, but for
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How to Mine Cobalt Without Going to Congo

Innovators like him have made so much progress that the likes of Tesla Inc. and Toyota Motor Corp. could count on recycling for 10 percent of their battery material needs through 2025 if companies roll out large schemes, according to Bloomberg New Energy Finance. That will ease pressure on lithium
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Tudor Will Shutter Discretionary Macro Fund in Restructuring

Clients pulled a net $500 million from Tudor in the third quarter, leaving the firm's assets at $7 billion, about half the level it managed in June 2015, Bloomberg News reported in October. Jones, who has been frustrated with the macro trading environment, said things are “on the verge of a significant
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SLR and SCCL changes on the horizon, says BNY Mellon

Questions around the future of the securities lending regulatory landscape dominated the BNY Mellon Markets' Securities Finance Regulatory Update webinar, held in New York on 24 October. The SLR remains in contention as the US Treasury is to set SLR at 5 percent of Tier One capital, while the
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Cullen Frost Bankers Has Lowered Its Holding in Blackrock Com (BLK) by $469264; As T Mobile …

Bartlett & Com Ltd Com holds 1.49% in BlackRock, Inc. (NYSE:BLK) or … published on November 17, 2017 as well as Bloomberg.com's news article
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Institutional Investors Are Crazy About Blackrock Energy & Resources Trust (NYSE:BGR)

… were published by: Ft.com which released: “BlackRock fund bets big on electric future for lithium” on September 15, 2017, also Bloomberg.com with
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Bay Area residents seek the California dream — in Sacramento

They lived in San Francisco for a decade before buying a home in a suburban …. Drawn by lower housing prices, Bay Area residents are pouring into
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Invesco Mortgage Capital Inc (IVR) Receives Average Rating of “Buy” from Analysts

Invesco Mortgage Capital logo Invesco Mortgage Capital Inc (NYSE:IVR) has earned a consensus recommendation of “Buy” from the seven analysts
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Gold fortune discovered in box of food donated to old folks home

Gold fortune discovered in box of food donated to old folks home

The box contained 109 coins in total, which wouldn't seem like a fortune if it weren't for the fact that each one-ounce gold Krugerrand is worth around €1,000. What's more the box contained a number of older and even more valuable coins, bringing the total value to over €100,000, reports Express.
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Which RBS bank branches are closing down, how many jobs will be lost and why are the closures …

However Unite union national officer Rob MacGregor said that the move could effectively signal the end of banking in branches. He said: “The Royal Bank of Scotland has decided to decimate its bank branch network. Now serious questions need to be asked about whether these closures mark the end
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Enterprising builder: Howard Bank's Mary Ann Scully

For years, Mary Ann Scully considered the creation of Howard Bank the crowning achievement of her banking career. The Ellicott City, Md., bank has grown from a de novo with a single office in August 2004 into a $1.1 billion-asset, publicly traded company with more than a dozen branches across six
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Things to know before getting a home loan

Getting a mortgage for purchasing a home has often been noted as one of the most stressful processes a person can go through. If you invest an hour sitting with your lender reviewing all of the information and developing a relationship built on trust, you will find this time investment well served as the
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Commercial-mortgage delinquencies flat in third quarter: Report

Delinquency rates for commercial-mortgage loans were relatively flat in the third quarter of 2017, according to the Mortgage Bankers Association.
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Long Sacrosanct, the Mortgage-Interest Deduction Comes Under Scrutiny

A household earning $200,000 or more received, on average, four times the amount of assistance as one making $20,000 or below. That's mainly because the mortgage-interest deduction, which allows homeowners to write off some of their loan payments, overwhelmingly benefits the rich. It will cost us
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Mortgage rates fall for first-time buyers

Two mortgage lenders have cut their rates for buyers with small deposits in a bid to attract first-time buyers. Yorkshire Building Society has introduced a new two-year fixed-rate mortgages for buyers who have only a 5pc deposit. The rate, 3.39pc, is the lowest on the market, according to data firm
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Midwestern Multifamily Real Estate Is Now A Game Of Inches

Mary Cook Associates founder and President Mary Cook said tech can be used to monitor peak usage times for fitness centers or when to have a cocktail party, which can save on property management costs over time. But the tech investment can start with simple improvements. Cook said the top reason
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"Yes We're a Threat", UK's Jeremy Corbyn Tells Morgan Stanley

The weakness of Theresa May's government has led many to see Labour's Jeremy Corbyn as Prime Minister-in-waiting. Barcroft Media Barcroft Media via Getty Images. By Reuters. 6:02 AM EST. Britain's opposition Labour leader Jeremy Corbyn warned Morgan Stanley that bankers are right to regard
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UPDATE 1-China's debt crackdown hits cash loan firms

The number of repeat borrowers is rising, which could signal financial stress on borrowers, analysts say. The companies, however, say the repeat lending is just a sign of the attractiveness of their platforms. Sources close to the central bank say more unspecified measures aimed at restricting the industry
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Gerry Adams Lays Out Plan to Step Down as Leader of Sinn Fein

Sinn Fein leader Gerry Adams laid out plans to stand down after more than three decades at the helm of the party, which campaigns for a united
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AG Mortgage Investment Trust, Inc. (NYSE:MITT) Shares Sold by California Public Employees …

AG Mortgage Investment Trust logo California Public Employees Retirement System trimmed its holdings in shares of AG Mortgage Investment Trust,
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Russian Billionaire's Bank Bets on Egypt as Mideast Risk Rises

Renaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet on Egypt even as tensions in the
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AGNC Investment Corp. (AGNC) Shares Bought by SG Americas Securities LLC

… by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively,
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WALKER: BC's economy relies on real estate

I've been saying that the B.C. economy is too reliant on real estate for some time now, but wow, the latest data from Statistics Canada even surprised
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Townhouse trend results in bigger, better homes for budget buyers

BUYERS keen for high-quality, low-maintenance homes are driving the trend for larger, more elaborate townhouses in Melbourne. In a city of growing
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Caught on a Hot Mic, Republican Senator Says His Party Is 'Toast' If Donald Trump and Roy Moore …

Unaware that he was speaking into a live microphone, GOP Senator Jeff Flake on Friday told another Republican that “if we become the party of Roy
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Philip Hammond aims to fix housing market amid push for 300000 new homes a year

Chancellor Philip Hammond will use the Budget to announce plans to get 300,000 homes built a year. Mr Hammond said fixing the housing market
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Wedbush Research Analysts Boost Earnings Estimates for Nationstar Mortgage Holdings Inc …

Nationstar Mortgage Holdings Inc. (NYSE:NSM) – Wedbush boosted their Q4 2018 earnings per share (EPS) estimates for Nationstar Mortgage
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Oaktree Specialty Lending Corpo (:OCSL) Moves -0.54% Over the Past 5 Days

Oaktree Specialty Lending Corpo (:OCSL) shares have moved -0.54% on the week. The stock closed the most recent session at $5.53 after seeing
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A Rumbling Volcano on Bali Could Lead to Warmer US Winters

A Rumbling Volcano on Bali Could Lead to Warmer US Winters

What does a volcano in Bali have to do with the price of natural gas in the U.S.? Turns out a lot. Mount Agung has been rumbling since September, prompting authorities to create exclusion zones extending as far as 10 kilometers (6.2 miles) from the crater. The threat level peaked on Monday as ash
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Brexit Bulletin: Breakthrough in Danger

Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. Theresa May's Brexit breakthrough is hanging by a thread as the Northern Irish party that props up her government threatens to bring her down if she makes anything like the concessions that the European Union is
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RBS and Natwest banks close 259 branches costing 680 jobs

An RBS spokesman said the decision came because a growing number of customers are now using online banking rather than high street branches. He said: “More and more of our customers are choosing to do their everyday banking online or on mobile. “Since 2014 the number of customers using our
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Mortgage Rates Hit 1-Month Highs

There are several news stories out today that reference LOWER rates this week. These all rely on stale survey data that failed to account for changes over the past 2 days. Mortgage rates actually continued higher today at the same quicker pace seen yesterday. Due to the relatively narrow range during
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Central Banks Find Post-Crisis Bubble Tool Is Doing the Job

In New Zealand, where tighter mortgage lending rules helped to curb soaring property costs, the central bank is now ready to reverse restrictions from Jan. 1, acting Governor Grant Spencer said Wednesday, adding that price pressures will continue to moderate. Macroprudential tools came of age in the
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Walmart Has Removed a T-Shirt Deemed Threatening to Journalists From Its Online Store

(WASHINGTON) — Walmart (wmt, -0.31%) has pulled a T-shirt offered by an outside seller from its online store after a journalist advocacy group told the retailer it found the shirt threatening. The shirt, listed on Walmart.com through third-party seller Teespring, said: “Rope. Tree. Journalist.
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259 Royal Bank of Scotland and NatWest branches set to close with 680 job losses

Royal Bank of Scotland is to close 259 branches resulting in 680 job losses after the state-backed lender said more people are choosing to bank online or on mobile. The bank, still 72% owned by the taxpayer, is the third this week to announce branch closures and job cuts, following Lloyds and
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Insider Buying: Ag Growth International Inc (AFN) Insider Purchases C$65211.52 in Stock

Ag Growth International logo Ag Growth International Inc (TSE:AFN) insider Timothy Jackson Close bought 1,298 shares of Ag Growth International stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average cost of C$50.24 per share, for a total transaction
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Managing Director or Executive Director, Corporate Client Banking

Description: The position is a corporate banking. Relationship Management role in the Corporate Client Banking Energy industry group, with a heavy emphasis on business development and market leadership. The primary functions are to 1) generate new business opportunities, 2) manage existing
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Cold Blast Headed for Europe Won't Faze a Very Warm 2017

In a last chilly blast, the first half of this month will be unusually cold before warming to near normal temperatures, according to eight meteorologists surveyed by Bloomberg. December may still be the coolest since 2010 as high pressure near Iceland and northwest Russia funnels arctic winds south, said
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All You Need to Know About Bitcoin's Rise, From $0.01 to $11000

The initial price of bitcoin, set in 2010, was less than one cent. On Nov. 29, it crossed $11,000. Once seen as the province of nerds, libertarians and drug dealers, bitcoin today is drawing millions of dollars from hedge funds. The recent price surge may be a bubble. Or it could be a belated recognition by
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Merkel Agrees With SPD Chief to Begin Coalition Talks, Bild Says

German Chancellor Angela Merkel agreed in principle with the leader of the Social Democrats to pursue coalition talks after their first meeting to discuss options for breaking the current government impasse, newspaper Bild reported.
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Flextronics International Ltd. (FLEX) Price Target Increased to $23.00 by Analysts at Argus

Needham & Company LLC increased their price target on Flextronics International from $17.00 to $19.00 and gave the company a buy rating in a
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Chatham Hills: Once a riverfront farm, this century-old neighborhood still charms buyers

On July 19, 1916, the Richmond Times-Dispatch recorded a property … Contemporary, said Sarah Mumford, a real estate agent with Long & Foster.
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Sumitomo Mitsui Asset Management Company LTD Sells 11171 Shares of Marriott International …

BidaskClub raised shares of Marriott International from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 12th. Berenberg Bank
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Sydney housing stock builds as auctions clearances slow

Sydney has a softening market. It has recorded a preliminary clearance rate of 61.5 per cent so far, with 1035 properties taken to auction across the
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Hammond Vows to Boost UK Homebuilding in Next Week's Budget

U.K. Chancellor of the Exchequer Philip Hammond will announce an almost 40 percent increase in housebuilding as his Conservative Party seeks to
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Insider Buying: Bimini Capital Management Inc. (OTCMKTS:BMNM) Director Acquires 13600 …

The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family
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MCAN Mortgage Co. (MKP) Insider Ian Sutherland Buys 3700 Shares of Stock

MCAN Mortgage logo MCAN Mortgage Co. (TSE:MKP) insider Ian Sutherland purchased 3,700 shares of MCAN Mortgage stock in a transaction dated
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Financial Contrast: Annaly Capital Management (NLY) and Dynex Capital (DX)

Annaly Capital Management (NYSE: NLY) and Dynex Capital (NYSE:DX) are both mortgage reits companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst
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13 tech trends that shaped 2017 and new predictions for 2018

13 tech trends that shaped 2017 and new predictions for 2018

There are many tech trends on the rise, but I think the real game-changer for 2018 will be something unexpected that isn't on our radar yet. … Blockchain, which is the distributed ledger used for cryptocurrency, is making waves in many industries, including payments, contracts, cloud storage, real estate
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How Irish homeowners could save €3600 a year by making mortgage switch – all your questions …

EXPERTS reckon that thousands of people are likely to switch mortgages next year – raking in annual savings of up to €3,600. With Ireland's leading lenders including Ulster Bank, AIB, EBS and Ireland all cutting interest rates in recent months, Mortgage brokers MyMortgages.ie believe that many
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Nationals go feral on their Liberal colleagues to secure banking royal commission

On the afternoon of September 13, in Committee Room 1R2 at Parliament House in Canberra, a Powerpoint presentation was firing up. Renegade Nationals MP George Christensen had invited a small group of his Coalition colleagues for a special presentation on the banks. Among those in attendance,
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Bridging the great generational divide

Our industry is at a crossroads. As our most experienced mortgage professionals enter into retirement, who will fill in the gap? The time has come to hire new talent. If the mortgage industry is to move forward, it will be because new professionals step into the roles that a retiring salesforce are leaving
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'Big Bang Theory' Season 11, Episode 9 recap: The gang flashes back to find a fortune

The gang brought things back to the past on “The Big Bang Theory” as the boys tried to track down some of the Bitcoins they mined seven years ago. However, looking back can sometimes do more harm than good, as they learned in Season 11, Episode nine. The episode opens with the boys going into
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The lions are circling as PM finds himself forced into banking inquiry back-pedal

AS THE Prime Minister is forced to call the royal commission into the banking sector that he has spent the last year-and-a-half opposing, his leadership is on shaky ground. Malcolm … “Regrettable but necessary” PM Malcolm Turnbull has announced a banking sector royal commission. Picture: Kym
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What tax reform could do to your mortgage interest deduction

Taking a mortgage interest deduction at tax time has long been touted as a means of encouraging homeownership, but soon you may no longer able to. Under current law, homeowners can itemize and deduct the interest paid on their mortgages up to the first $1.1 million, if their loan is used to buy or
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The Fintech Effect: Amazon, Google, and the Disruption of Small Business Lending

Small business loans may not seem risky from the applicant's perspective, but traditional lending institutions If banking bigwigs and fintech entrepreneurs have seemed a bit queasy since October's Lendit Europe conference, they might be blaming Karen Mills for daring to illuminate the elephants in the
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JoJo Romeo Refuses to 'Work for Free' in Sneak Peek at 'Real Estate Wars' (Exclusive)

Tensions are growing on Bravo's “Real Estate Wars,” and TooFab has an exclusive clip of all the drama. On Thursday's episode of the series, Michael makes a surprising announcement regarding his luxury portfolio while JoJo Romeo and Spyro Kemble take a surprising step toward securing a new
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Qualcomm's NXP Bid Faces Shortage of Support as Activists Circle

In May, Bloomberg reported that investors including Elliott Management Corp. were seeking to pressure NXP to renegotiate with Qualcomm to raise its offer. Elliott — the hedge fund run by billionaire Paul Singer, who's made part of his fortune by pushing for corporate shakeups — is now the third-largest
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Preparing for the unexpected

Could lenders have avoided some of the pain from the housing crisis if they had better risk management practices? Very possibly. Effective risk management intends to alert senior management and board members of the critical risks that will impact the organization's profitability and competitiveness in
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United Wholesale Mortgage promotes broker growth through marketing and technology

United Wholesale Mortgage topped off its record-breaking production last year by meeting an even bigger goal in 2017: closing more than 100,000 loans. “It's a testament to the great team members we have here at UWM who have done an amazing job, as well as the great mortgage brokers we partner
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Moneygram International, Inc. (MGI) Shares Sold by Gamco Investors INC. ET AL

BNP Paribas Arbitrage SA increased its holdings in shares of Moneygram International by 108.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,942 shares of the financial services provider's stock worth $120,000 after buying an additional 3,618 shares during the last quarter. Bank of
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2017 HW Vanguard: Patty Arvielo

Last year, Arvielo collaborated with Freddie Mac to establish and launch a unique mortgage pilot program, Your Path, which makes affordable homeownership opportunities available to a broader demographic of borrowers. Arvielo's community involvement includes serving on the executive board of Big
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2017 HW Vanguard: Tawn Kelley

Kelley Kelley's family of companies has grown from a staff of three in 2001 to more than 300 employees nationwide today. Through TMHF University, more than 20 new or recent college graduates were hired and have successfully completed training as mortgage loan originators and loan processors.
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Business Briefs: Cumulus Media files for bankruptcy

The rate on the benchmark 30-year, fixed-rate mortgage slipped to 3.9 percent from 3.92 percent last week, mortgage giant Freddie Mac said. The 15-year, fixed-rate mortgage, popular among homeowners seeking to refinance, also declined 0.02 percentage points, to 3.3 percent. Mortgage rates have
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2017 HW Vanguard: Rick Arvielo

As CEO of New American Funding, Rick Arvielo has used his marketing and technology expertise to continuously grow the company. The company maintains a servicing portfolio of more than $20 billion and funds about $1 billion in loans per month, up from $900 million per month last year. Current
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Intro – Lending club loan data

Did you find this Kernel useful? Show your appreciation with an upvote. 1. Comments (0). Sort by. Select… Please sign in to leave a comment. Similar Kernels. Initial loan book analysis. Python for Padawans. Exploratory Lending. Predicting customers who will “charge-off”. Total loans by state barplot.
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Perth's property market continues to recover

Perth's ailing property market has finally bottomed out, with new data showing signs of promise with three consecutive months of increased values. The CoreLogic Hedonic Home Value Index, released today, shows Perth property prices sustained three successive months of growth – the latest rising
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PrimeLending puts consumers in driver's seat with digital mortgage process

Based on more than 30 years serving the mortgage industry, PrimeLending has created the ideal ecosystem to support how both customers and business partners want to experience the digital home loan process. The top 10 purchase lender offers much more than the wide range of loan options, expert
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