HOME Survey: Housing and Economic Optimism Cools at Year's End

HOME Survey: Housing and Economic Optimism Cools at Year's End

1NAR's Housing Opportunities and Market Experience (HOME) survey tracks topical real estate trends, including current renters and homeowners' views and aspirations regarding homeownership, whether or not it's a good time to buy or sell a home, and expectations and experiences in the mortgage
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New Winston-Salem Publix center is near full

Her clients include JP Morgan, Lincoln Property Company, and PineTree Development. Doherty has been a member of MSCA for 15 years and has held several board and co-chair positions, most recently with the research committee. The non-profit trade association was founded in 1988 and counts
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Los Angeles Capital Management & Equity Research Inc. Takes Position in Anixter International …

Pzena Investment Management LLC increased its position in Anixter International by 3.3% in the third quarter. Pzena Investment Management LLC now owns 484,032 shares of the technology company's stock worth $41,143,000 after buying an additional 15,567 shares in the last quarter. Jennison
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Perry Ellis International (PERY) Downgraded by BidaskClub

Perry Ellis International logo Perry Ellis International (NASDAQ:PERY) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a report released on Thursday, December 7th. A number of other equities research analysts have also issued reports on the company.
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Amazon Digital Day Is Coming Back: Here's What to Expect

It's only mid-December, the winter holidays haven't even come and gone yet, and Amazon has already announced its next promotional blitz. December 26, the day after Christmas, is an obvious date for shoppers looking to take advantage of post-holiday sales in stores and online. But Amazon—always
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Latest Insider Trades For International Paper Company (IP) Sees Jacqueline C. Hinman Buying …

International Paper Company (NYSE:IP) on Dec. 15, 2017 saw a modest increase, closing the day at $55.18, or a increase of $1.07 or (1.94%).Volume levels spiked and IP actually managed a breakout which translated to 4.83 million shares changing hands on the day. IP traded on a high for the day of
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is this a valid TD Bank email ID?

I received an email from . Is this a valid email id? – Let TD Helps show you how you can reach your goals.
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Condos and climbing prices: 5 real estate trends to expect in 2018

With tighter mortgage regulations coming in January, some uncertainty surrounds the real estate market in 2018. Real estate expert Karyn Filiatrault spoke with CTV's Your Morning on Monday, to share the five real estate trends she expects in 2018: Condo popularity will surge: “We have baby boomers
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How Bitcoin Is Challenging the Very Concept of Venture Capital

In the salad days of bitcoin, venture capital firms bought into the craze in a roundabout way. Instead of simply purchasing bitcoins, they invested in companies like Coinbase, which makes a wallet for digital currencies, or 21.co, which aimed to improve the process of mining coins. Some of these bets
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Digital banking start-ups tackle funding hurdles

Under the proposed restricted banking licence, new entrants will be able to take up to $2 million in deposits with an individual limit of $250,000 over a maximum period of two years, while maintaining a minimum of $3m in reserve capital plus wind-up costs. The holder of the restricted licence will remain
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Is Buying 52-Week Stock Like Marriott International, Inc. (MAR) a Winning Strategy?

Investors sentiment increased to 1.01 in 2017 Q2. Its up 0.08, from 0.93 in 2017Q1. It improved, as 40 investors sold Marriott International, Inc. shares while 226 reduced holdings. 87 funds opened positions while 181 raised stakes. 241.03 million shares or 2.97% less from 248.42 million shares in
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Insider Buying: Servicesource International Inc (NASDAQ:SREV) CEO Purchases 33900 Shares of …

Servicesource International logo Servicesource International Inc (NASDAQ:SREV) CEO Christopher Carrington bought 33,900 shares of the business's stock in a transaction on Wednesday, November 29th. The shares were acquired at an average price of $2.95 per share, with a total value of
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Report: Barcelona star to quit club for more playing time ahead of 2018 World Cup

According to various reports, Barcelona defender Javier Mascherano is set to leave the club in the January transfer window. The 33-year-old, who can also play as a defensive midfielder, is set to move to the Chinese Super League and join Hebei China Fortune – according to ESPN. The Argentina
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Landings Resort adds some joy to the less fortune in Castries

(PRESS RELEASE) – In a small handover ceremony on Friday 15th December, the Landings Beach Resort and Spa supported the Community Relations Branch of the Police Department with its 8th Annual Food Hamper Programme. Designed with assisting the less fortunate in mind, the programme
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Real Estate Agency Software Market Outlook 2022: Top Companies, Trends and Growth Factors …

The 'Global and Chinese Real Estate Agency Software Industry, 2012-2022 Market Research Report' is a professional and in-depth study on the current state of the global Real Estate Agency Software research with a focus on the Chinese market. The report provides key statistics on the market status of
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Polymorphic Banking Trojan gets past 75 per cent of AV software

Researchers at Cupertino-based virtualised security company Bromium discovered a technique being used by hackers which they describe as 'polymorphic', attacking both primary and secondary executables. The banking Trojan is capable of evading capture and appearing in your inbox, even with a
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North Central Chamber Names United Bank Business of the Year

Read the latest news from United Bank including employee news, recent awarded grants, sponsored fundraising events and more.
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How do I set up auto payment

I have a TD checking account and want to set up an automatic payment to pay my rent…how do I do this? – Let TD Helps show you how you can reach your goals.
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This Sneaky Home-Buying Scam Is on the Rise. Here's How to Spot It

This type of real estate phishing scam — commonly known as a mortgage closing scam — has exploded in the last few years. According to the Chicago Tribune, the FBI has tracked nearly $1 billion in funds that were either diverted or attempted to be diverted from real estate purchase transactions in
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Cheap Carribean- 5 suns Deal of Fortune

Hey there! Has anyone recently booked the Montego Bay CC “5 suns” Deal of Fortune? It looks like the 5 sun options are Secrets St. James, Breathless and Zoetry Montego Bay! My husband and I booked for the end of January and we are curious…
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Can you get a mortgage on property with low energy efficiency?

Can you get a mortgage on property with low energy efficiency?

There are some elderly flats which I have seen for sale. They have an energy efficiency of only F and they are Grade 2 listed. From April it will be unlawful to rent them out in their current condition and energy efficiency rating. What is the mortgage markets point of view and criteria currently for these types
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NY regulator fines PHH Mortgage more than $100K for failing to maintain one zombie property

PHH Mortgage has been fined $119,000 by the New York Department of Financial Services (DFS) over its failure to maintain a zombie property as required of banks and mortgage servicers by the state's Vacant and Abandoned Property Law, according to Financial Services Superintendent Maria Vullo.
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KeyBank Arranges $28.2M Acquisition Financing for Two Multifamily Properties in Columbus, Ohio

COLUMBUS, OHIO — KeyBank Real Estate Capital has arranged a total of $28.2 million in Freddie Mac, first mortgage loans for two multifamily properties located in Columbus. KeyBank arranged a $14.6 million loan for College Park Apartments, a 28-building, 250-unit property. The buildings were
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Black Knight Extends Cutting-Edge Homebot Client Engagement Solution to Mortgage and Home …

“The solution, which helps support borrower retention, draws from Black Knight's comprehensive repository of property and mortgage data, and applies advanced analytics, including our automated valuation models. Lenders use the Homebot solution to deliver reliable, timely and customized
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'Overly confident': 80% of Australians rate themselves as financially savvy

While the majority of Australians think they're financially savvy, more than one in three borrowers don't actually know the interest rate on their own mortgage, a survey has found. Almost 80 per cent of people considered themselves to be money smart, according to Mortgage Choice's inaugural Australian
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Reviewing HomeStreet (HMST) and Sussex Bancorp (SBBX)

Its mortgage loans are sold to or securitized by Fannie Mae, The Federal Home Loan Mortgage Corporation (Freddie Mac) or The Government National Mortgage Association (Ginnie Mae), while it retains the right to service these loans. It also provides insurance products and services for consumers and
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New specialist trade body targets 'market need'

A lot of bridging lenders have now evolved to be more generalist. So we're widening the remit, so it's not just about bridging. There is a definite need in the trade body market for people to have more access and more training, knowledge and information about specialist mortgages and products, those
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Financial Review: Chimera Investment (CIM) versus Capital Trust (BXMT)

The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities.
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Palma enters deals with mortgage providers

The developer Palma has secured deals with Emirates NBD, Sharjah Islamic Bank, Amlak Finance and Mortgage Finder to offer mortgages for its Serenia Residences on the Palm. The high-end property is due for completion in a few weeks. Designed by Hazel Wong, the architect behind Emirates
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How the Coming Mortgage Rule Changes Are Likely to Impact Canadians in 2018

The Office of the Superintendent of Financial Institutions (OSFI) is about to implement the most substantial mortgage rule changes to date. As of January 1, among other changes, conventional borrowers (who make down payments of 20% or more of the purchase price), will be required to qualify using a
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Ipswich Building Society refreshes shared ownership range

Ipswich Building Society has launched two high loan-to-value shared ownership products and reduced the minimum accepted share from 40% to 25%. The products for purchase and remortgage are a 95% LTV 2-year discount at 3.39% (changing to 3.64% on 2 January) and a 95% LTV 2-year fix at
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Press Release: A Way For Diaspora To Pay Mortgage Bills In Zimbabwe

Now mortgage customers with CABS can pay in just a few clicks, using their regular bank debit card (direct debit soon) without the inconveniences of money transfers, local deposits or payments into other banks to get it to Zimbabwe. Fees are on a sliding scale but capped and far better value than
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TCF Financial Closes Rubicon Mortgage Advisors Acquisition

TCF National Bank (TCF Bank), a subsidiary of TCF Financial CorporationTCF , headquartered at Wayzata, recently closed the acquisition deal with Rubicon Mortgage Advisors, LLC, under which the former has acquired the latter. With offices in Minnesota and North Dakota, Rubicon is a residential
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Berkadia Arranges $157M Loan for CA Portfolio

The asset was recently redesigned and features property amenities like a pool, fitness center, sauna and barbecue area. The Los Angeles team secured $14.6 million in financing for the property. Last month, Berkadia secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.
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Elke König renewed as chairperson of bank resolution board

The six-member board oversees the resolution of unviable banks. It was established in 2014 under the single resolution mechanism, a key component of the EU's banking union. The decision was taken without discussion at a meeting of the Transport, Telecommunications and Energy Council.
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Banks & Insurers Outlook for 2018 – TS Lim

We expect underlying momentum for the major banks to be steady heading into 2018 and the Royal Commission. This would reflect steady margins (repricing and lower funding cost benefits in the previous period to offset competition), volume growth in line with GDP expectations, easing prudential
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LaSalle launching new Canadian commercial real estate fund up to $750-million

Chicago-based LaSalle Investment Management Inc. is launching an open-ended fund Monday that will try to capitalize on “mispriced” commercial real estate in major Canadian cities such as Ottawa, Toronto and Vancouver. The new LaSalle Canada Property Fund is starting off with a $440-million
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Harvard Management Co. Spinning Out Real Estate Investment to Bain Capital

Dan Cummings, an industry veteran and currently managing director and head of real estate at HMC, will lead the team that he helped found in 2010. Cummings joined HMC in June 2009 as managing director and head of real estate, responsible for the strategy and performance of HMC's real estate
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Ltd. Boosts Stake in Fortune Brands Home & Security Inc (FBHS)

Fortune Brands Home & Security declared that its board has approved a stock repurchase plan on Monday, December 11th that allows the company to repurchase $250.00 million in outstanding shares. Finally, Stephens Inc. AR acquired a new position in Fortune Brands Home & Security in the second
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Cubist Systematic Strategies LLC Grows Stake in Old Republic International Co. (ORI)

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. … its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the
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Central banker wants French banks to help drive European M&A

Central banker wants French banks to help drive European M&A

“The time has come for them, for French banks and perhaps several others, to take up again the path of European consolidation,” he added. Since the end of the 2008-2009 financial crisis, European banks have largely ignored calls to merge from some central bankers, who think that consolidation would
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Invesco's Max Swango keen on Australia's banking gap

Competition for non-bank lending is reaching boiling point with the managing director of the US-based fund Invesco Max Swango visiting Australia to push hard in the local market and replicate its US strategy of filling the gap banks have left open. Invesco already has investments in Australian real estate
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Data Sheet—Disney and Apple Head for Conflict, While Google and Facebook Burn

The keynote speaker at Fortune's annual CES dinner in Las Vegas will be Jensen Huang of Nvidia, arguably the most important executive on these topics as his chips power the impactful devices springing up around us. The marriage of entertainment and technology may have its biggest year yet.
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Food Tech Startup Beyond Meat Is Rolling Out a Plant-Based Sausage

The El Segundo, Calif.-based startup is beginning the roll out of its plant-based sausage product—dubbed Beyond Sausage—with its launch today at a restaurant in a Boulder, Colo. Whole Foods. The next stage in its distribution will be announced in January, the company says. Beyond Meat started
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Property Scope: 2017 real estate roundup

… trees to Festivus poles, the ornaments on the tree usually bring back happy memories. With that in mind, here are a handful of ornaments to hang on the 2017 Deal Tree: some shiny, some scruffy, but each a reminder about something significant that happened in the commercial real estate market.
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Wok & Roll serves quality food, unbeatable lunch deals

I judge a Chinese restaurant, in part, by the crispness of the wontons and freshness of the fortune cookies. If either is stale, I'm disappointed. A murmur of delight moved through our table as we plunged into the wontons. They're so fresh they crackle. The lunch combo, the stuff of Cheap Eats' dreams,
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The real estate agent behind the Prince property sales

Unlike his most famous client, the late Prince Rogers Nelson, Mendota Heights real estate agent Steve Norton is not a household name. Since the summer of 2016, Norton has been running point for the Prince estate, marketing the first batch of properties to be released by the Carver County District
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Here's Why Hershey Just Spent Almost $1 Billion on Popcorn

Hershey is expanding further beyond chocolate, agreeing to buy the owner of Tyrell's potato chips and SkinnyPop popcorn for $921 million. The U.S. candy giant agreed to buy Amplify Snack Brands for $12 a share, a 71% premium to Friday's closing price. Amplify, based in Austin, Texas, has about
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Why 2017 Was the Year Apple Revealed Its True Ambitions in Hollywood

Will 2018 be the year that Apple stakes its claim against Netflix in the battle for streaming supremacy? In 2017, the tech giant made no secret of its ambitions to carve out its own piece of the rapidly growing (and increasingly crowded) streaming entertainment market.Apple already sells the products that
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CRE will hit “the jackpot” with GOP tax plan

Commercial real estate owners who hold properties through pass-through companies could fare quite well under the final Republican tax bill compared to other companies using the same structure. The proposal gives a 20 percent deduction on taxable income to pass-through companies owned by
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Twitter Says It Will Put Warnings Before Nazi Swastikas and Other Hateful Imagery

Twitter said on Monday it would begin putting a warning in front of pictures that show Nazi swastikas and other items it determines are hateful imagery, as well as ban their use in any profile photos on the social media network. The step is one of several that Twitter said it would take to crack down on
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Campbell Soup Buying Snacks Maker Snyder's-Lance for $4.87 Billion

Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales. Campbell said on Monday it would pay Snyder's shareholders $50 per share in cash. The offer represents a 27 percent premium to
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Announcing Launch of the Bay Area Commercial & Multifamily Real Estate Investment Club

SANTA CLARA, Calif., Dec. 18, 2017 /PRNewswire/ — Wilson Investment Properties is launching BACOMM: Bay Area Commercial & Multifamily, a real estate investment club that caters to investors of all experience levels looking to advance from rental homes and move up to the big leagues of
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Robert Wilmers, Buffalo banking giant, dies unexpectedly

Robert Wilmers, the chairman and CEO of M&T Bank Corp. of Buffalo, died unexpectedly at his home on Sunday. He was 83. His sudden death triggered an automatic succession plan at the $120 billion bank that included naming the bank's lead outside director, Robert Brady as non-executive chairman
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4 trends Washtenaw County real estate saw in 2017

With 2017 coming to a close, the Ann Arbor Area Board of Realtors has shared some insight on Washtenaw County's real estate trends seen over the past year. The most recent housing report from the Board of Realtors was released Dec. 8, providing year-to-date statistics through the end of November.
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Palm Beach house near Mar-a-Lago sells for $10.65 million, deed says

Agent Bobby Goodnough of Linda A. Gary Real Estate acted on the buyer's side of the deal, which closed Thursday, according to the Palm Beach Board of Realtors Multiple Listing Service. Beginning in 2006, Kathleen Cerasaro oversaw an extensive two-phase renovation and expansion, she told the
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Term Sheet — Monday, December 18

… and storage costs will need to be sharply reduced. 2018 will see attempts to solve these major limitations. — Andy Vitus, partner at Scale Venture Partners. But before we bid 2017 goodbye … Fortune this morning published the people, companies, trends, gadgets, hacks, and tweets that mattered most
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Diddy Wants to Buy the Panthers—and Hire Colin Kaepernick

Music mogul Diddy has announced (via Twitter) that he might be interested in emerged as the first potential for the Charlotte Panthers. And his first act should he do so, he says, will be to hire Colin Kaepernick. I would like to buy the @Panthers. Spread the word. Retweet! — Diddy (@Diddy) December
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Javier Mascherano quits Barcelona in mega-money move to Chinese Super League side Hebei …

According to Fernando Czyz on Twitter: “Javier Mascherano is a new player of China's Hebei Fortune. “There was an agreement with Barcelona and his buyer and the Argentinian… leaves behind one of the best clubs in the world.” Barca are reportedly in the market for a replacement and are looking at
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German real estate giant to swallow rival in $6bn deal

Germany's number one real estate group Vonovia on Monday said it has launched a cash bid for smaller rival Buwog, in a friendly takeover that would value the Austrian apartment owner at 5.2 billion euros ($6.1 billion). In a joint statement, the landlords said they had signed a “business combination
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Machine learning and choice paralysis: How Netflix personalizes title images

Machine learning and choice paralysis: How Netflix personalizes title images

Machine learning drives Netflix's algorithms, which play a huge role in the company's success. By recommending the most relevant content, they increase engagement significantly, saving the company an annual $1 billion. The algorithms dictate the personalized homepages and “top picks,” taking each
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Housing market takes spotlight this week

The housing market takes center stage in this week's economic news as the sector largely returns to normal after two months of hurricane-related volatility. Also coming are reports on consumer spending and business investment, and a final estimate of economic growth in the third quarter. Housing starts
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Wife tricked multi-millionaire husband into signing away his fortune

Last Monday, the High Court voided a legal document that a wife tricked her multi-millionaire husband into signing to give away his fortune to the couple's firstborn. The incident occurred just one week after the man's millionaire mother died in 2014. The unnamed 33-year-old was talked into signing a
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10 real estate predictions all agents should care about

With this year coming to a close, there were many moments of major advancements in technology through out the year that are finding their way into our real estate world. Things such as artificial intelligence, cyber currencies, cognitive augmentation — to name a few — have begin to pop up this year,
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Citi, AIG and BofA among US groups facing $50bn tax plan hit

Five financial institutions that endured huge losses in the crisis would be forced to take writedowns totalling almost $50bn if the planned US tax rewrite passes, denting profits at Citigroup and requiring taxpayers to inject new funds into Fannie Mae and Freddie Mac. Under current tax laws, some of the
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Caliber Home Loans Introduces "HomeAccess Your Way Equity Line of Credit"

The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae and is an approved servicer for FHA, VA and the USDA. The company carries multiple servicer ratings from Standard & Poor's, Moody's, Fitch and DBRS. To learn more about Caliber,
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Bitcoin Might Soon Face Tougher Regulations in Europe

European governments are pushing for bitcoin regulation as alarm grows that the world's most popular digital currency is being used by money-launderers, drug traffickers and terrorists. French Finance Minister Bruno Le Maire said he will ask his counterparts in the Group of 20 nations—whose
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Bank Notes: New York regulator fines PHH; Vanguard ups stake in Under Armour

In August, the company agreed to pay almost $74.5 million to resolve claims that it produced defective loans that the federal government insured and Fannie Mae and Freddie Mac bought. A federal judge in July approved an $18 million settlement in a class-action lawsuit alleging PHH improperly
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Great Experience on Sunday Dinner Zodiac – Review of Fortune Select Grand Ridge, Tirupati, India

Fortune Select Grand Ridge: Great Experience on Sunday Dinner Zodiac – See 975 traveler reviews, 360 candid photos, and great deals for Fortune Select Grand Ridge at TripAdvisor.
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Diddy says he wants to buy the Carolina Panthers

10 pm — City officials have mobilized the Georgia International Convention Center and will provide shuttle services for anyone who needs a place to stay for the night. Chick-fil-A is providing food for passengers. 9:37 pm — Delta has canceled 300 flights on Monday as a result of today's airport blackout.
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Top Buy and Hold stocks for long term fortune

Investment is seeing the growth of an active strategy referred to as dip-to-buy versus other methods of trading. The rise of investor confidence means that more people are willing to gamble on downturns and anticipate a value bounce. The problem is that dip-to-buy is effective if the market rallies and
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Wall Street To Continue On Positive Note

(RTTNews) – Ahead of the holidays, the market starts with only a few announcements on Monday. The housing market index is the major announcement awaited by the investors. Home sales data, housing starts, durable goods orders and personal income and spending reports are expected in next days
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Judge rules millionaire's son was tricked by wife into giving fortune away

The son of a multi-millionaire has managed to void a legal document which would have given away his fortune after he was tricked by his wife into signing it. The declaration of trust document would have meant the man's assets would have been given to the couple's first child, according to The South
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Can This Man Build a Better Bitcoin?

The wunderkind programmer interviewed Ben-Sasson about his breakthroughs, and it left an indelible impression. “Personally, I think zk-SNARKs are a hugely important, absolutely game-changing technology,” Buterin tells Fortune. “They are the single most under-hyped thing in cryptography right now.”.
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Fortune Brands Home & Security (FBHS) Receiving Somewhat Positive News Coverage, Report …

Fortune Brands Home & Security announced that its board has initiated a stock buyback program on Monday, December 11th that allows the company to repurchase $250.00 million in outstanding shares. Ltd. lifted its holdings in Fortune Brands Home & Security Inc (NYSE:FBHS) by 2.3% during the 3rd
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Investors Title (NASDAQ:ITIC) Receiving Somewhat Favorable News Coverage, Study Shows

Investors Title logo Media coverage about Investors Title (NASDAQ:ITIC) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public
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Fortune Brands Home & Security, Inc. (FBHS) momentum driven by speculation ?

With 23.01 price-earnings Fortune Brands Home & Security, Inc. is trading in overbought territory . In relation to the PB of share holder equity, return on net assets stands high at 18.10%, so , it's also good to check out its total equity ratio. Company PB 4.01 represents a huge plus with strong growth .
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Czech central bank acts to cool buoyant property market

Tomas Danek did not plan to buy a flat for another couple of years. But as the 31-year-old network engineer watched Prague's property prices surging higher and higher, he felt he had to take the plunge. “There is enormous pressure to buy as soon as you can because the rate at which prices are
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M&T's Robert Wilmers dies; sex scandal claims Visa executive

Bloomberg News. Here to stay: Reports of the death of Fannie Mae and Freddie Mac may prove to be exaggerated. “Lawmakers in both parties and the Trump administration are negotiating overhauls of the two companies that could keep them at the center of the U.S. mortgage market for years to come,
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Sarah Palin's Son Track Has Been Arrested for Domestic Abuse Again

Track Palin, the son of former Vice-Presidential candidate Sarah Palin, has been arraigned on domestic violence charges for the second time in as many years. On Sunday morning he was called up on charges of felony burglary, fourth-degree assault, and criminal mischief NBC reports. All of the
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AMP Capital buys 25pc stake in US non-bank lender PCCP

AMP Capital buys 25pc stake in US non-bank lender PCCP

AMP Capital is looking offshore for real estate investment opportunities after acquiring a 24.9 per cent stake in Los Angeles-based non-bank lender and equity investor PCCP. PCCP provides commercial real estate debt and equity capital for middle-market real estate investments throughout the US,
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Local retail real estate sector expected to grow

Kenya's retail real estate investment has grown five fold over the past decade owing to increased economic growth and infrastructure development. Data collated by the Standard Bank shows that in the nine years from 2009 to 2017 the city added another 351,900 square metres of retail real estate
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Borrowing From Multiple Online Lenders Remains Prevalent

Consumer borrowers' practice of taking out loans from multiple online lenders remains prevalent, a new study has found. In China, online lenders or peer-to-peer (P2P) platforms that only facilitate lending do not have full access to borrowers' credit information as there is no such centralized platform that
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Middle Eastern investors buy up prime real estate on London's Southbank

Wolfe Asset Management Limited – which is owned by Dubai's Al Gurg family – has exchanged contracts to buy the three-year old building at 240 Blackfriars Road from the Great Ropemaker Partnership (GRP), which is a joint venture between Great Portland Estates and Ropemaker Properties.
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ECB Reminds Brexit-Hit Banks That 'Empty Shell' Offices Won't Do

The central bank “will continue to assess banks' plans to relocate activities from the U.K. to the euro area, including applications for the granting of banking licenses,” the regulator said. “Special attention will be paid to compliance with the agreed policy stances, especially to avoid the establishment of
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UPDATE 1-Czech central bank lifts extra lending buffer for 3rd time

PRAGUE, Dec 18 (Reuters) – The Czech central bank raised the sum domestic banks should set aside as a buffer against tougher times on Monday as it looks to tame fast lending growth while interest rates remain low and the economy soars. The CNB raised the countercyclical buffer rate for domestic
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Aus Treasurer Morrison: No real pressure on cash rate to slow housing market

Reuters reports the latest comments from the Australian treasurer Scott Morrison, speaking in a BTV interview. Key Headlines: We expect stronger wage outcomes over the next 4 years. Income tax cuts are 'totally realistic'. No risk of high rates being realized right now. No real pressure on cash rate to
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Mortgage advisor in Doxford International Business Park, Sunderland

View details and apply for this mortgage advisor job in Doxford International Business Park, Sunderland (SR3) with NRG on totaljobs. JUST IN!
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Tech job growth is fueling D-FW's office boom

The Dallas-Fort Worth real estate market isn't built out of bricks and mortar. It's jobs that keep the construction cranes swinging and homebuilders hammering out new subdivisions. As of October, D-FW was the top market in the country for year-over-year employment gains. North Texas has added more
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There are signs London's prime property slump is easing

“Movement at the top end of the market helps to increase activity all the way down the housing chain,” said Acadata's Peter Williams and John Tindale. Nationally, the report may also be a cause for optimism. While November's 0.9 per cent annual gain in prices was the slowest since April 2012, and
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Top stocks in focus on 18 December 2017

Indiabulls Real Estate: Realty developer Indiabulls Real Estate has struck an alliance with international luxury hotel investment and management group … Jaiprakash Associates: Troubled real estate developer Jaiprakash Associates plans to sell off its five hospitality assets under the Jaypee Hotels and
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Macy's Real Estate: Yes, There Are Duds, but Don't Underestimate the Gems

If Macy's real estate is worth more than its entire market value, it would represent a huge safety net for shareholders if the retail business continues to go south. That said, many investors — such as my Foolish colleague Rich Duprey — think the decline of mall-based retail will dramatically impair the value
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Final tax bill dramatically softens blow to mortgage interest deductions in California

The House version, passed with the support of all but three California Republicans, had proposed capping the mortgage interest deduction at loans of $500,000 or less. Republicans in high-tax, expensive states had voiced concerns the bill would have major affects in their districts. But the final version of
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China's campaign to cut debt enters new stage: stock exchange official

The financial sector has threatened growth by crowding out resources in the real economy, while the ballooning shadow banking business has boosted money supply and created expectations of asset price inflation, said Shi Donghui, director of the Shanghai exchange's Capital Market Institute. “China's
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AMP Capital to take 24.9% stake in Los Angeles-based real estate investor PCCP

AMP Capital will acquire a 24.9% stake in PCCP LLC, a Los Angeles-based real estate investment manager, a spokeswoman for the Sydney-based money manager confirmed Monday. The spokeswoman declined to provide financial details of the deal. In an AMP new release, Adam Tindall, the
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Germany's Largest Property Deal Is Just the Beginning

In November, RFR announced the sale of a real estate package to Signa Prime Selection AG. It consisted of the skyscraper “Upper West” in Berlin, the Kaufmannshaus and the Alsterarkaden in Hamburg, the “Upper Zeil” in Frankfurt as well as the 50-percent RFR stake in the project “Karstadt am
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Blackstone's play for La Trobe won't be the last non-bank deal

While the non-bank lenders, which do not take customer deposits, are not subject to APRA lending restrictions, they are subject to responsible lending oversight. As more lending activity migrates to the so-called shadow banking sector, APRA has been granted new powers that will allow it to regulate the
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Peer-to-peer Lending Marketing Channel Future Trend, Distributors, Methodology, Distributors and …

Peer-to-peer Lending Market is anticipated to discover Robust Growth by 2021. This report focuses on the leading key players with global perspective with a professional and in-depth study on the current state of Peer-to-peer Lending Industry. Peer-to-peer Lending market research report provides
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Mortgage Rates Hold Steady after FED Rate Hike, Auto Loan Industry under Pressure

According to Freddie Mac's latest figures, the 30-year mortgage rate slipped from the previous week's 3.94% to 3.93% last week, while also well sitting below last year's 4.16%. In contrast, the mortgage rate for 15-year mortgages held steady at 3.36%, just shy of last year's 3.37%, while 5-year rates
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BRIEF-COSMOS INITIA says capital and business alliance with real estate firm WOOC

… * Says it formed a capital and business alliance with real estate firm WOOC, on Dec. 18. * Co will obtain totaling 33 percent stake in WOOC by three steps. * Co will acquire 14.9 percent stake in WOOC as the first step, on Dec. 25. Source text in Japanese: goo.gl/nqDcXP. Further company coverage:
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Is Buying Philip Morris International Incorporated (NYSE:PM), Having Higher Short Interest a …

Is Buying Philip Morris International Incorporated (NYSE:PM), Having Higher Short Interest a …

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.03, from 0.91 in 2017Q1. It turned negative, as 53 investors sold Philip Morris International Inc. shares while 558 reduced holdings. 118 funds opened positions while 421 raised stakes. 1.10 billion shares or 0.43% less from 1.10 billion shares
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Housing's "new normal": Struggling to pay the rent

Surging rents, a dearth of affordable housing, mounting competition for apartments from wealthier renters. Welcome to the American housing market's “new normal.” About half of renters across the US are “cost-burdened,” meaning more than one-third of their income goes to their landlord, according to a
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Banking Industry Fraud Drops by 38% in Two Years

The Central Bank of Nigeria (CBN) at the weekend disclosed that despite the increase in the value and volume of electronic payment transactions this year, there have been decline in fraud cases. Specifically, the Deputy Governor, Operations, CBN, Mr. Adebayo Adelabu, who revealed this, stated that
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UK banks face fines as immigration checks on account holders loom

When the government first revealed the new duties for banks, immigration welfare campaigners warned that the Home Office's recent record meant it could not be trusted to implement this new system without errors. Migrants with every right to be in Britain were likely to be affected by mistakes in the
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Alexandria Real Estate Equities, Inc. (ARE) performing lower than others in REIT – Office Inustry

With 0.10% growth Year on Year set for over 5Y Alexandria Real Estate Equities, Inc. has enough growth left to support 150.95 PE. Current company's assets to earnings seems to play down the firms profitability by incorrectly including certain items. Company's fundamentals indicate a strong growth, and
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Why's Disney Buying Fox? To Be More Like Netflix: QuickTake Q&A

Walt Disney Co. is buying more than a dozen TV networks, a film studio and international TV distributors from 21st Century Fox Inc. for $52.4 billion. The largest deal in Disney's history comes as the media industry struggles with how to keep growing in the age of the internet. Netflix Inc. and Amazon.com
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Now you can get a mortgage through Facebook: As new online broker Nuvo launches in …

Getting a mortgage online is becoming increasingly easy with a number of digital mortgage brokers launching over the past year – but from next month you'll be able to do the whole thing in Facebook. Mortgage broker Nuvo has developed smart technology that uses artificial intelligence to power a chat
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GOP tax plan: Best to buy or rent a home?

That's despite house prices rising 45 percent over the past five years, versus only 21 percent for renters. The key factor in the Republican plan that affects the rent-versus-buy calculus is the more lavish standard deduction, which many homeowners prefer instead of itemizing deductions. Under the
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Land Registry's proposed digital platform cuts out mortgage advice

The proof of concept is one of three designed to speed up and simplify the home buying process and would provide an instant mortgage lending decision. “Following our commitment to digitise and publish as many datasets as possible, we worked on the proof of concepts project with the scenario of
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Lender AIP hard checks divide broker opinion

Brokers are divided on lenders' use of hard credit checks for agreements in principle, with some saying the practice harms customers' credit scores and restricts access to mortgages. Earlier this month Santander for Intermediaries announced its intention to bring in a soft credit-check process for all
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German Vonovia climbs property ladder with $6.1 billion Buwog deal

Buwog's share price was up 17.2 percent at 28.84 euros by 1008 GMT, slightly below the offer price of 29.05 euros per share. Shares in Vonovia were flat, having risen 40 percent over the last year on increasing demand for housing in Europe's largest economy. Housing prices in Germany – relatively
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Freezing IMF Deal a Key Risk to Ukraine Next Year: Central Bank

KIEV (Reuters) – Ukraine's central bank said on Monday a failure to cooperate with the International Monetary Fund and the inefficiency of state lenders were among the biggest risks to … Overall, the bank said the risks facing the banking system and the economy were moderate, but could rise in 2018.
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Botswana's central bank keeps lending rate at 5 percent

Botswana's central bank left its benchmark lending rate unchanged at 5 percent on Monday, saying the outlook for price sta…
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Payday lenders squeezed by new regulations

If a person doesn't have access to credit, but is short on money in between paycheques and needs to cover something essential, such as the hydro bill, a lender such as Money Mart is an easy and fast place to get cash. The loans are generally repaid quickly, but the fees, which long stood at more than
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How 'Englishnization' changed a Japanese company's fortunes

On March 1 2010, Hiroshi Mikitani, flamboyant chief executive of Rakuten, the leading Japanese ecommerce company, delivered startling news to the 7,000 Japanese staff gathered for his weekly address and the 3,000 overseas employees watching by video. From now on, he said, everything at
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Canadian Billionaire, Wife Died of Neck Compression, Police Find

The deaths of billionaire pharmaceutical executive Bernard “Barry” Sherman and his wife were both caused by “ligature neck compression,” Toronto police said. The post-mortem examination finding that both deaths were caused by “ligature neck compression” prompted the homicide unit of Toronto's
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AHCN plans data collection on mortgage, real estate off-takers

The Association of Housing Corporations of Nigeria has said that in the first quarter of 2018, it will begin a pilot scheme of the Home Ownership Off-takers Affordability Survey Data Base with the creation of a verifiable working database of about 1,000 workers per selected state. The association said with
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Corker asks how real-estate provision ended up in tax bill

The International Business Times reported Saturday that a provision added during the reconciliation process allows owners of income-producing real estate to take advantage of a 20-percent deduction for “pass-through” entities. The Senate version of the tax bill included rules that allowed the deduction
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Analyzing Anchor Bancorp (ANCB) and Mackinac Financial (MFNC)

These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and
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Southern Rail chaos hits house prices along the routes

House prices along the train routes operated by Southern Rail have been hit by the chaos caused by strikes that paralysed the system amid a general slowdown caused by a lack of affordability. Analysis of Zoopla data by online estate agency HouseSimple found that while the average property in the
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Taxpayers are Scrambling to Claim Deductions Under the Threat of the New Bill

Taxpayers are Scrambling to Claim Deductions Under the Threat of the New Bill

Financial advisers and accountants are working overtime as U.S. taxpayers scramble to pay the rest of their 2017 taxes before January 1, when the proposed Republican tax overhaul will sharply cut the amount they can deduct from federal tax bills. The tax legislation, which top U.S. Republicans said on
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Has the housing market packed up for Christmas?

New property listings fell by almost a quarter (22%) in November compared with October, according to the latest property supply index by HouseSimple.com. … The online estate agents compared new property supply across 100 major UK towns and cities in October and November. More than two-thirds
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ETHLend (LEND) – The Future of Finance

Imaging needing to come up with the funds to grab some new coin that just came out on your favorite exchange… but you know you don't want to disrupt your HODL! ETHlend (LEND)'s got your back. With ETHlend (LEND), you can get access to crypto-credit from a decentralized market of lenders!
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BBMC Mortgage awards veteran with a year's worth of mortgage payments

9 in at Lincoln Financial BBMC sweepstake winner Field in Philadelphia, during BBMC Mortgage's Facebook Live Tailgate Experience. BBMC's President of Retail Mortgage, Todd Jones, a former Army captain, made the announcement after former Navy SEAL Kaj Larsen, host of the tailgate experience,
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Ivanka Trump and Jared Kushner Are Being Sued Over Financial Disclosures

Ivanka Trump and Jared Kushner are being sued for allegedly leaving out required information from financial disclosure documents, Politico reported Sunday. The first daughter and presidential adviser Ivanka Trump, as well as her husband and fellow White House adviser Jared Kushner, face the
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ezbob lending as a service 'LaaS' platform for banks wins Best Technology Initiative for 2017

The Financial Innovation Awards are judged by the London Institute of Banking and Finance as well as UK Finance; an organisation that combines the activities of major UK organisations including the Asset Based Finance Association, the British Bankers Association, the Council of Mortgage lenders
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Fortune Brands Home & Security Inc (FBHS) Stake Lessened by KBC Group NV

Zeke Capital Advisors LLC acquired a new position in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) in the 3rd quarter, according to its most recent disclosure with the SEC. Sterling Capital Management Llc sold 8,806 shares as the company's stock rose 10.95% with the market.
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Thousands More Cases Of Tracker Mortgage Over-Charging To Be Revealed This Week.

Thousands of additional cases of tracker mortgage overcharging are expected to be revealed this week. Banks are believed to have until close of business today to submit updated figures on their tracker mortgages. According to the Irish Times, there were indications on Friday that the industry figure for
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The return of janeudhari Rahul: Will Congress president's new stance change Congress fortune?

NEW DELHI: The Gujarat election results — in which Congress has performed better against expectations and various exit-poll predictions — have given birth to a new leader, the janeudhari Rahul. Hopping from temple to temple, the Congress new president ensured that he washed off the taint of being
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Bitcoin Is Now Trading on the World's Largest Futures Exchange

CME Group (cme), the world's largest derivatives exchange operator, began trading bitcoin futures Sunday, with the contract opening at what is currently its session high and dropping over 6% within the first half hour. The CME bitcoin front-month futures opened at $20,650 and have so far traded as low
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Atlanta's airport during the power outage on Dec. 17, 2017.

One of the heaviest travel weeks of the year began with the cancellation of hundreds of flights on Sunday at the world's busiest airport in Atlanta, where a power outage left passengers stranded in darkened terminals or in aircraft idling on tarmacs. The early afternoon outage paralyzed operations at the
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Uganda central bank holds key lending rate at 9.5 percent

KAMPALA, Dec 18 (Reuters) – Uganda's central bank held its key lending rate at 9.5 percent on Monday, saying the previous policy easing actions had improved economic conditions. Bank of Uganda deputy governor Louis Kasekende said inflation remained subdued –it slowed to 4 percent
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Australia & New Zealand Banking Group announces $1.5 billion share buy-back

Shares in Australia & New Zealand Banking Group (ASX: ANZ) are leading the S&P/ASX 200 (Index: ^AJXO) (ASX: XJO) higher today after the bank announced plans to buy back around $1.5 billion worth of shares on market. For ANZ shareholders this is good news as fewer shares outstanding means
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Baiduri Bank is taking care of Brunei's SMEs

In support of these initiatives, Baiduri Bank offers a wide range of financial products and services specifically designed to help businesses. The bank is constantly looking for ways to improve its offerings and services, in order to support not just local businesses, but potential overseas investors too.
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LEND A HAND: She couldn't turn her back on two young kids

The Patriot Ledger's 20th annual holiday charity drive will provide valuable help for needs that state and federal grants can't address. The charity has raised more than $2.8 million since 1998. For years, Wende Smith juggled her full-time job as a pre-school teacher and raising two daughters on her own.
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Mixed fortunes for Third Republic governors

It is mixed fortune for Third Republic governors, who were sacked on November 17, 1993 by late General Sani Abacha-led junta. Twenty-four years after their exit from office, some are still relevant in the polity, while others have gone into political oblivion. TEMITOPE OGUNBANKE reports. It is 24 years
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Window will close on bargain-rate mortgages in Spring 2018

18-Dec-17 – Potential home buyers and families who have not yet refinanced their old, high-rate mortgages should forget about tax reform and hustle down to their local lender – now. That narrow window to lock in a bargain-rate below-four-percent home loan this year is closing, experts say. Benchmark
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Update on the latest in business:

TOKYO (AP) — Share prices were mostly higher in Asia today, lifted by robust trade data from Japan that suggest a sustained recovery in demand in China and other major markets. Last week's strong finish on Wall Street also helped lift regional benchmarks. Wall Street capped last week with broad
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The BEIGE Bank officially launched

After almost a decade of being a leading Savings and Loans company in Ghana, the financial institution has progressed to become The BEIGE Bank. At a brief ceremony to outdoor the bank on Thursday, December 15, 2017, CEO of BEIGE, Mike Nyinaku, said the progression from a savings and loans
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Wife tricked multi-millionaire husband into signing away his fortune: Court

Last Monday, the High Court voided a legal document that a wife tricked her multi-millionaire husband into signing to give away his fortune to the couple's firstborn. The incident occurred just one week after the man's millionaire mother died in 2014. The unnamed 33-year-old was talked into signing a
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Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (SGX:M1GU): Is Now The Time …

Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (SGX:M1GU): Is Now The Time …

Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (SGX:M1GU), a SGD$410.70M small-cap, operates in the real estate industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors.
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China's 'Big Three' bet Sh54bn on Kenya real estate market

Workers look over building beams at a prefabs factory in China on March 20, 2015 Workers look over building beams at a prefabs factory in China. Three major Chinese companies have collectively invested Sh54 billion into the Kenyan real estate sector and construction industry over the past two years,
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Spotahome opens the door to a world of real estate possibilities

Our start-up of the week Madrid-based Spotahome is about revolutionising the global real-estate sector by taking the process 100pc online. Founded in 2014 by Alejandro Artacho, Bruno Bianchi, Bryan McEire and Hugo Monteiro, Spotahome is focused on the mid- to long-term letting market for
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Real estate companies' offers attract high turnout at Next Move

The Next Move exhibition for real estate projects has witnessed a remarkable turnout by middle-income housing customers since it was launched on Thursday at the Cairo International Convention Centre in Nasr City, driven by offers and easy payment systems facilitated by the participating companies.
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Tax Bill a Boom to Commercial Real Estate Owners

In fact, real estate businesses appeared to fare better than other pass-through businesses, which pay taxes through individual returns. Not only does the proposal drop the top individual marginal tax rate, but the plan also gives a 20% deduction on taxable income to pass-through businesses owned by
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Average price reduction in the housing market 'is over £25000'

House sellers who have reduced their original asking prices are offering typical discounts of over £25,000, according to analysis from a property website. Some 35.33% of homes on the market in November had had their original asking price reduced, marking a 1.25 percentage point increase compared
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Blackstone taps Australia's shadow-lending market with La Trobe stake

SYDNEY, Dec 18 (Reuters) – Blackstone Group has snapped up an 80-percent stake in property financing company La Trobe Financial for an undisclosed amount, in a move that will help the New York-based investment giant expand in Australia's lucrative mortgage-lending market. This deal comes as
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Banking on Tokens: Outdated Financial Systems Must Embrace Blockchain to Compete

Bitcoin, the foundational decentralized blockchain platform, succeeded in demonstrating that value transfer and storage can be achieved securely without any intermediaries. The Federal Deposit Insurance Corporation (FDIC) insures fiat deposits against bank failure (or at least attempts to); with bitcoin,
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BRIEF-House Do to start real estate rental related brokerage business and launch brand

… * Says it will start real estate rental related brokerage business on Jan. 1, 2018 and launch a brand named RENT Do!, for the business. Source text in Japanese:goo.gl/y53VDT. Further company coverage: (Beijing Headline News). Our Standards:The Thomson Reuters Trust Principles. Sponsored.
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Blockchain Is All Set To Transform Middle East's Real Estate Industry

According to the World Bank reports, the global real estate market is worth $217 trillion, out which 75% is residential property. The global real estate market makes up more than half the value of all mainstream assets in the world, but it is extremely illiquid. This depresses prices and far fewer transactions
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Chartists Taking Aim at iShares FTSE NAREIT Real Estate 50 (FTY) Shares

Currently, the 14-day ATR for iShares FTSE NAREIT Real Estate 50 (FTY) is spotted at 0.50. First developed by J. Welles Wilder, the ATR may assist traders in determining if there is heightened interest in a trend, or if extreme levels may be signaling a reversal. Simply put, the ATR determines the
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Banking and Brexit: the Latest Developments

Such concerns, therefore, are now triggering contingency plans to be drawn up. As far as the European Banking Authority (EBA) is concerned, banks appear to be primarily concerned with Brexit inducing a “cliff-edge” risk. The regulatory agency recently remarked that “it is important that banks and their
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This week in 1967: Modern Mrs banking, Holt disappears, water restrictions

Have you ever wondered what a Griffith wife does if her husband “goes away and forgets to leave her any money”? Well, 50 years ago this week, The Area News advertised a new Rural Bank Husband & Wife cheque account to solve this problem for the “Modern Mrs”. “In an emergency, you can continue
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FirstCash (FCFS) versus Stonegate Mortgage (SGM) Head-To-Head Contrast

FirstCash (NYSE: FCFS) and Stonegate Mortgage (NYSE:SGM) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, valuation, dividends, profitability, earnings, analyst recommendations and risk.
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What Will Happen to Pennymac Mortgage Investment Tru (NYSE:PMT) Next? The Stock Has …

Investors sentiment increased to 1.38 in 2017 Q2. Its up 0.11, from 1.27 in 2017Q1. It increased, as 13 investors sold PennyMac Mortgage Investment Trust shares while 40 reduced holdings. 28 funds opened positions while 45 raised stakes. 41.31 million shares or 0.36% less from 41.46 million shares
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Mortgage Officer Alan Johnson

I'm Alan Johnson, welcome to my site. Selecting an experienced Mortgage Officer is just as important as what bank qualifies to be your financial partner. My goal is to earn your confidence and become your trusted mortgage advisor for years to come. I promise to take the complexity and the confusion out
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Longest serving US bank chief and industry figure dies

Bob Wilmers, the longest-serving head of a big bank in the US, has died at the age of 83. The billionaire chairman and chief executive of M & T Bank, headquartered in Buffalo, died unexpectedly at his apartment in New York City, a spokesperson said. Mr Wilmers was synonymous with M & T, which he
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Boothbay Fund Management LLC Lowers Holdings in Owens Realty Mortgage Inc (ORM)

Owens Realty Mortgage logo Boothbay Fund Management LLC trimmed its holdings in shares of Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) by 7.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,510
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Types of non banking financial companies

Non-Banking Financial Companies . Oct 21, 2017 NBFCs varying types playing a key role in meeting the credit demand unmet by traditional banks. NBFCs are broadly divided into three categories namely: NBFCs accepting deposits from banks (NBFC-D); NBFCs not accepting/holding public deposits
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Bank insecurities

IT is not often that the prime minister and the Union finance minister have to step in to publicly assuage retail depositors, and that too when there is no perceptible threat of any banks, public or private, being shuttered. Such an intervention by top government leaders has come in the wake of a
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Thousands more tracker mortgage scandal cases expected to be revealed

Thousands more tracker mortgage scandal cases expected to be revealed

Thousands of more cases of customers caught up in the tracker mortgage scandal are expected to be revealed this week. It is understood banks have until close of business today to submit updated figures on the controversy. The Irish Times reports this may exceed the 30,000 level, including more than
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Blue Pearl Mortgage Group Spreads To Ontario

Once again, Blue Pearl Mortgage Group Inc expands its footprint, this time with services in Ontario. The British Columbia based company Blue Pearl Mortgage Group diversifier and servicer with more than 50 years of experience in the mortgage and finance business amongst their team, brings its
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Vendors less likely to make a profit

The Pain & Gain Report for the September quarter found the clear majority of vendors still make a profit on the resale of their home, except in mining-affected areas. The research comes as the once red-hot housing market shows signs of slowing, with prices in Sydney falling in recent months and the
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China bank sale to fund $1.5b ANZ share buyback

ANZ has confirmed it will plough the proceeds from its stake in Shanghai Rural Commercial Bank into a $1.5 billion share buyback. The lender on Monday said it had completed the $1.8 billion sale of its 20 per cent holding — which was announced in January — and confirmed the buyback chief
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Great News For California's Pot Industry: Banks May Start Accepting Your Money

In California, Governor Jerry Brown's administration is in talks with banks to allow the cannabis industry to use their services once recreational marijuana becomes fully legal next year. One of the biggest thorns in the side of the growth of the cannabis marketplace nationwide is the banking industry,
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Desperate UK homeowners are cutting prices, warns Zoopla

Price cutting by homeowners desperate to shift their property in a slowing market has reached the highest levels in six years, according to an analysis by website Zoopla. Just over 35% of the homes marketed on the site have marked down their price in the hope of achieving a sale, with the biggest
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Prestige Title of Brevard Celebrates 10th Year, Pro Associates are Foundation of Firm's Success

Even though the market conditions may have been against them it was time to do what they had been dreaming of for years and open up a title company to help customers achieve the American dream. Shortly after opening their doors and taking advantage of a then-declining market, they saw the need
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RED Mortgage Welcomes New President

With more than 30 years of experience in the multifamily industry, he developed long-term relationships with Fannie Mae, Freddie Mac and FHA in his support of affordable, workforce, conventional, green and small balance housing finance programs. Brooks will serve in both the offices in Newport
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Welsh Housing Market to End 2017 on High

The Welsh housing market looks set for a positive end to the year, and to enter 2018 with considerable momentum, the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey suggests. House prices and sales are rising relatively strongly, according to the balance of Welsh
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BRIEF-Mortgage Service Japan gets approval to upgrade to TSE 2nd section

BRIEF-Mortgage Service Japan gets approval to upgrade to TSE 2nd section. Reuters Staff. 1 Min Read. Dec 18 (Reuters) – Mortgage Service Japan Ltd : * Says it gets approval to move its stock to TSE second section from TSE JASDAQ, effective since Dec. 25. Source text in Japanese: goo.gl/FXC2bR.
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Cashback offers may not lead to best mortgage deal

If you are in the mortgage market, there are four categories; first-time buyer, non-first time buyer, investor (buy-to-let), or a switcher. Different rules and criteria apply for each. Most of the current market is made up of first-time buyers. They are in a privileged position over non-first timers as they only have to
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Voices of the Survivors: Lending a voice to those killed by gun violence

The survivors of gun violence, both those who have been victims and those who have lost loved ones to the epidemic, are lending their voices to those who can no longer speak. They are sharing their experiences as part of a project organized by The Pegasus Institute, Voices of the Survivors, which is
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Loan sharks set sights on vulnerable city residents

CASH-STRAPPED Glaswegians have been warned to avoid using loan sharks who are preying on vulnerable city residents in the run-up to Christmas. Trading Standards Scotland and city cops are working closer to wipe out the unauthorised lenders who are loaning money – and issuing threats when
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Discerning Buyers Want Turnkey Golf Homes

The best locations, with great amenities and sense of community, will continue to do very well.” Those principles have been confirmed by recent trends in the luxury golf real estate market, beginning with the size of living space. The Santa Lucia Preserve, in Carmel, Calif., 90 minutes south of Silicon
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Bank of Italy Chief Faces Lawmakers Over Lapses Costing Billions

“In the political world there is a widespread negative view of the central bank's action,” said Luca Erzegovesi, professor of banking and corporate finance at the University of Trento, northern Italy. “I think it's unfair to blame everything on the regulators for crises that took place during an economic slump
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A Suspected North Korean 'Agent' Has Been Arrested in Australia

Australian Federal Police Assistant Commissioner Neil Gaughan speaks to the media about a North Korean agent in Sydney on Dec. 17, 2017. Peter Parks—AFP/Getty Images. By Eli Meixler. 10:35 PM EST. Australian police have arrested and charged a man for trying to sell ballistic missile technology
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Former techies change core banking to prepare for AI era

Indian banks are expected to spend close to $9.1 billion in digital transformation and i-exceed has worked with 55 Indian banks to prepare for change. With a collective experience of more than 75 years, Joseph John, Sundarajan S, and Kapil Gupta spent two decades in building a large IT product
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Way forward for mortgage

As of June 2016, the aggregate gross amount outstanding for mortgage finance (Islamic and conventional across all financial institutions) was Rs66bn. The problem is amplified by the uneven distribution of housing units — there is excess supply for higher and middle income groups and a severe
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Revamped Riverside high school banking on 'Blue Economy'

That's the hope for Riverside Institute of Technology on Ontario Street along the Niagara River, where this year's incoming freshmen were introduced to a revamped Riverside geared toward the “Blue Economy.” Buffalo's developing waterfront and nearby Niagara Falls will be a real-life laboratory to
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ANZ shares are up as the bank starts a $1.5 billion buy-back

The bank says it has completed the sale of its 20% stake in Shanghai Rural Commercial Bank, originally announced in January, and now intends to buy back up to $1.5 billion of shares on-market. A short time ago, its shares were up 1.3% to $28.59. “ANZ's strong capital position combined with the
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ANZ launches $1.5b buyback, eyes further capital returns

ANZ launches $1.5b buyback, eyes further capital returns

ANZ Banking Group has signalled that a new $1.5 billion share buyback is likely to be followed up by further moves to return surplus capital to shareholders. The lender on Monday unveiled the buyback, which it expects to start in January, as it said it had completed a deal to sell 20 per cent of Shanghai
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Monday Morning Cup of Coffee: Republican committee passes tax reform

Monday Morning Cup of Coffee takes a look at news coming across HousingWire's weekend desk, with more coverage to come on larger issues. … “This comprehensive overhaul of the nation's tax code will help middle-class families, maintain the nation's commitment to affordable housing and ensure
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MTGE Stock: This Company is Making a Turnaround and Pays a 10.6% Dividend Yield

Agency MBS are backed by one of the following government agencies: the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corp (Freddie Mac), and the Government National Mortgage Association (Ginnie Mae). Non-agency MBS, on the other hand, are issued by
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Japanese pension fund to shoulder costs of BOJ's negative rate: Nikkei

[TOKYO] Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, has decided to shoulder the costs charged on its deposits under the central bank's negative rate policy, the Nikkei newspaper reported on Monday. GPIF entrusts its deposits to a trust bank arm of Mitsubishi
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RPT-UPDATE 2-Smaller cities drive China's new home prices in Nov, defying curbs

China's housing market boom has lasted more than two years, giving the economy a major boost but stirring fears of a property bubble, with the government taking stern measures to curtail speculative buying. Authorities have been particularly focused on curbing lending for speculation in the housing
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Mid-year budget update: Housing investment rates to fall, raising prospect of long-term downturn

Housing investment will fall further from record levels into negative rates of growth next year, as the Sydney and Melbourne markets prepare for a downturn following the government crackdown on investors. The sector has driven the economy and fuelled a jobs boom – particularly in NSW and Victoria
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China home prices rise 0.3 pct in November from October

BEIJING, Dec 18 (Reuters) – New home prices in China extended another month of steady growth in November, after picking up slightly in October, shrugging off a range of government moves to rein in an overheated property market. Average new home prices in China's 70 major cities rose 0.3 percent
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Philippines, Thailand sign banking supervision agreement

Bangko Sentral ng Pilipinas Governor Nestor Espenilla, Jr. and Bank of Thailand Governor Veerathai Santiprabhob sign a memorandum of understanding on banking supervision in Bangkok on Dec. 17, 2017. BSP photo. MANILA – The Bangko Sentral ng Pilipinas said Monday Governor Nestor
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Alexandria Real Estate Equities

Alexandria Real Estate Equities is a major United States real estate investment trust. Contents. [hide]. 1 Business; 2 History; 3 Properties; 4 References; 5 External Links. Business[edit]. Most of Alexandria's properties are offices and laboratories, and it focuses on renting to science and technology
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Rising house prices lift thousands out of negative equity

The upturn in the economic environment and the related rise in house prices has contributed to an improvement in the asset quality of bank loan books and has reduced the number of borrowers in negative equity, the Central Bank said in a special report accompanying its latest macro financial review.
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China home prices rise 0.3 percent in November from October

Compared with a year earlier, new home prices rose 5.1 percent in November, cooling slightly from an 5.4 percent increase in October. China's housing market has been on a more than two-year tear, giving a major boost to the economy but stirring fears of a property bubble even as authorities work to
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Cash Suvidha raises fresh USD2.7 million, SME lending on the chart

New Delhi, Dec 18 (KNN) The FinTech firm Cash Suvidha, has entered into new collaboration raising over USD 2.7 million from various financial institutions, in an attempt to facilitate more credit to the Small and Medium Enterprises (SMEs) in the country. Founder of Cash Suvidha, Rajesh Gupta in a
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Smaller cities drive China's new home prices in Nov, defying curbs

BEIJING, Dec 18 (Reuters) – Growth in China's new home prices sustained its momentum in November, with increases seen in provincial centres and smaller cities in a sign policymakers may need to step up curbs to rein in speculation in the property market. China's housing market boom has lasted
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Winners and Losers From the WWE's Clash of Champions

The biggest takeaways from the Clash of Champions were AJ Styles successfully defending his title against Jinder Mahal, which effectively removes … Even though Alpha Entertainment is an unknown entity, it is no secret that McMahon turned a wrestling company into an organization worth over an
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Using Bitcoin as Loan Collateral

Someone looking to take $100,000 in cash would be giving the lender $200,000 in bitcoin as collateral, with about a 12 to 20 percent interest rate. This is according to David Lechner, the chief financial offer of Salt Lending. Not all are the same, however, with some institutions requiring a second source
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Amazon may invest in SME lending platform Capital Float: Report

E-commerce major Amazon.com Inc.'s Indian arm is likely to invest $5-10 million (Rs 32-64 crore) in digital lending platform Capital Float, a media report said. The investment by Amazon is likely to be a top-up to the recent $45 million Series C round raised by Capital Float, The Economic Times reported,
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Internal Audit Senior (Internal Audit Supervisor)

Internal Audit Senior (Internal Audit Supervisor) in Accounting and public practice, Audit with Freddie Mac. Apply Today.
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Insider Buying: Mortgage Advice Bureau (Holdings) PLC (MAB1) Insider Acquires £295.68 in Stock

Mortgage Advice Bureau logo Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) insider Lucy Tilley acquired 56 shares of the firm's stock in a transaction dated Thursday, December 14th. The shares were purchased at an average price of GBX 528 ($7.11) per share, with a total value of £295.68
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M&T Bank Chairman Bob Wilmers dies at 83

Bob Wilmers' accomplishments as Chairman and CEO of M&T Bank are surpassed only by his commitment to our community, and every day he worked to fulfill his belief that the bank can only do well if the communities it serves do well,” said Mr. Brady. “He will be missed greatly by his beloved family,
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Prime London Property Market Shows Signs of Life Amid Price Drop

The signs of improvement buck a trend of pessimistic reports on housing, particularly regarding London. A survey by the Royal Institution of Chartered Surveyors last week showed a result consistent with no change in prices, while Rightmove Plc said London's home values are likely to fall another 2
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