Here's What Analysts Expect from the Housing Market in 2018

Here's What Analysts Expect from the Housing Market in 2018

Freddie Mac and the National Association of REALTORS® are great for giving us numbers, but in terms of which housing trends are actually expected to prevail in 2018, that's the domain of Zillow and Trulia. Zillow says builders will focus on entry-level homes, responding to the demands of millennials
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Column: New tax laws may kill the beach house dream

Almost three-quarters used mortgage financing. While second homeowners can still deduct the interest on new mortgages up to $750,000, experts predict that many people will no longer itemize their expenses on Schedule A. The new tax rules raise the standard deduction to $24,000 for a married
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Wall Street regains title as king of IPOs

Saudi Arabia's state-owned oil company is the biggest in the world and officials have said they expect an IPO to value the firm at around $2 trillion. (That would give Aramco a value five times that of Exxon Mobil.) CEO Amin Nasser told CNNMoney last year that the IPO was on track for 2018, but the
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What Is An SBA Loan And How Do You Get One?

With all the acronyms and jargon in the small business lending space, it can be hard to keep up. That said, “SBA loan” is one acronym every small business owner needs to know. Let's explore all things SBA loans—from what it is, to how to secure one for your small business—so that you can master all
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Reduced multifamily lending caps for Freddie Mac, Fannie Mae not seen as problem

A reduced lending cap for multifamily loans set by the Federal Housing Finance Agency doesn't appear to be an issue for 2018. It appears unlikely that Freddie Mac or Fannie Mae, according to Globe St.com, will reach their 2017 lending caps of $36.5 billion. Those caps are set to be reduced to $35
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You Got Priced Out of … Philadelphia? The Spread of Hot Housing Markets

PHILADELPHIA—The gentrification of the Fishtown neighborhood here looks like something city planners dream of, with developers renovating old row houses as young professionals, along with new restaurants and businesses, pile in. But home prices have shot up so quickly in recent years that the
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While Bitcoin Soared, Crypto Domain Names Served Up Prime Online Real Estate In 2017

Dubai resident Sharjil Saleem makes a living investing in domain names and brokering domain name deals — several of which have been valued as high as six figures. In October, he brokered a $2 million deal for the sale of domain ETH.com — nearly 100 times the $19,800 he originally paid for the
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CMBS Delinquency Rate at 15-Month Low

The delinquency rate for loans in commercial mortgage-backed securities (CMBS) fell in December to their lowest reading since September 2016, according to data from Trepp. The CMBS delinquency rate last month was 4.89 percent, a decrease of 29 basis points from the November level—the greatest
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Bitcoin Falls Into Gray Area of Disclosure Rules for Congress

To guard against insider trading and financial conflicts, members of Congress and federal officials must file regular reports on their assets — including stocks, bonds and derivatives. Yet there's no explicit mention in the disclosure requirements about bitcoin and the other cryptocurrencies that are drawing
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Banking royal commission could be distracted by disaffected borrowers

by James Thomson. Small business and family enterprise Ombudsman Kate Carnell says banking royal commissioner Kenneth Hayne will find it “incredibly challenging” not getting bogged down in individual cases of disaffected borrowers as he seeks to balance these with broader sectoral issues.
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Real estate and property bills mailed

FY18 Actual Real Estate & Personal Property bills were mailed on Dec. 31. The FY18 Tax Rate was set at $18.13 per thousand. The third and fourth quarter bills are included with this mailing. Third quarter bills are due Feb. 1. Fourth quarter bills are due May 1. Checks should be made payable to the
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Hershey's CEO on Professional Growth and Women in Business

When Michele Buck was tapped to run Hershey (hsy, -0.69%) in March 2017, she became the first female CEO in the company's 123-year history. Fortune included her on our 2017 list of the 50 Most Powerful Women in Business for the first time. And she is now a member of the elite club of women CEOs
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Renters Are People, Too

While much housing hand-wringing about tax reform has focused on the deductibility of mortgage interest and state and local real estate taxes, less attention has been paid to a provision that would end tax-exempt treatment for private activity bonds that support about one-half of all affordable multifamily
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Wall Street's Venezuela Bet Rests in Hands of These Seven People

Venezuela's one-year default probability has climbed to a world-leading 93.4 percent, according to a Bloomberg model that weighs a nation's external debt load, economic growth forecast and political risks. With so many variables at play in Maduro's calculations for the next year, it's worth looking at
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Dominion to Buy Scana for $7.9 Billion After Nuclear Flop

The deal is the latest in a string of massive utility mergers: The industry saw a combined $68.2 billion of acquisitions in 2017, the most in a decade, according to data compiled by Bloomberg. Stagnant electricity prices and tight profit margins have stoked the buying spree. For more on the utility buying
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Mortgage Application Rates Start 2018 on the Downside

The Mortgage Bankers Association (MBA) resumed its tracking of home loan applications after a two-week holiday break. … The Refinance Index decreased seven percent from two weeks ago, but the refinance share of mortgage activity increased to 52.0 percent of total applications from 51.8 percent
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Greystone Provides $23.5 Million HUD-Insured Loan for Healthcare Facility in New York's …

Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates
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Health Good Fortune

Shinobu Diamxnd.
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Pro-Brexit Fox Says Only Fools Would Rule UK Out of TPP Pact

“We will want to explore all the opportunities,” Fox said in an interview with Bloomberg Television during a trip to Beijing on Wednesday. “I would say that we would be foolish not to look at all the potential.” Fox explained that the TPP agreement would need to be finalized first, adding that the issue isn't
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Big Double Room In Golders Green Temple Fortune

Rooms for rent in Golders Green, NW11: NO AGENCY FEE Im proud to offer a big double room in Golders Green / Temple Fortune The property is located 1 minute walk from the nearest bus stop The bus takes approx 10 minutes to…
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The Feldman Report – Boosting the housing market and your credit score

The Feldman Report – Boosting the housing market and your credit score

WWJ's Murray Feldman – Boosting the housing market and your credit score.
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Credit scores on mortgages made to millennials drop

The average credit score of loans made to members of the millennial generation were a little lower than they were a year ago, according to Ellie Mae's latest monthly numbers. “With the average credit score dipping, lenders are extending credit to borrowers who may have had no previous access to the
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Analyst Upgrades Running Hot, As Even International Business Machines Corp. (IBM) Gets Some …

The buying frenzy harkens back to the late-90's where not woning stocks would make one seem like they were from another planet. Couple in the gains some folks speculating in cryptocurrencies and we are as bullish an environment as one can expect. Pay no mind to those who try to say there is a lot of
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PHH Mortgage Reaches $45 Million Settlement In Fraud Case: AG

Burlington County based PHH Mortgage has reached a $45 million settlement with the State of New Jersey to resolves allegations the it improperly serviced mortgage loans during a four-year period, Attorney General Christopher S. Porrino announced on Wednesday. The settlement covers 45 states
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Manufacturing in the US Just Accelerated to Its Best Year Since 2004

U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said Wednesday. Highlights of ISM Manufacturing (December). Factory index climbed to 59.7 (est.
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Meyer Handelman Co. Decreases Stake in International Business Machines Corp. (IBM)

Herndon Capital Management LLC grew its stake in shares of International Business Machines by 39.0% during the second quarter. Herndon Capital Management LLC now owns 695 shares of the technology company's stock worth $107,000 after buying an additional 195 shares during the last quarter.
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Bank of Southern California NA Opens Orange County Office

SAN DIEGO, Calif., Jan. 3, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the opening of a production office in Orange County in the city of Orange, Calif. In addition
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Round Rock Chamber announces new board of directors with Steve Stapp from R Bank at helm

On Wednesday, the Round Rock Chamber announced its newest slate of leadership. The 2018 board will be led by Chairman Steve Stapp, representing R Bank. Other members of the board include Chair-Elect David Hays from Georgetown Title Company; Secretary Jonas Miller from U.S. Rep.
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PHH reaches nationwide settlement over crisis-era mortgage servicing

HousingWire contacted the New Hampshire Attorney General, and this article will be updated should the AG respond. According to the complaint filed by the state attorneys general, PHH “threatened foreclosure and conveyed conflicting messages to certain borrowers engaged in loss mitigation.”.
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Rental population decreases for first time since 2004

In fact, a report from Harvard University's Joint Center for Housing Studies shows there are about 43 million renters in the U.S. – making up more than a third of U.S. householders. Although the number of renters declined slightly in 2017, they continue to hold a significant claim on the market as renting
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Hunt Mortgage Group Finances the Acquisition of Two Multifamily Properties in North Carolina and …

Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided loan facilities to enable the.
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So Long, NYC: Real Estate Execs Flee Big Apple for These Five Cities

Pick your poison: property values, legal expenses and most of all taxes—all can conspire to make the cost of real estate deals in the Big Apple as inflated as the price of a pack of cigarettes at a Wall Street newsstand. … Here are five cities that real estate pros told Commercial Observer they are eyeing.
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M&T Bank drives big surge in SBA loan dollars

Nearly $44 million in small business loans has been approved in the Buffalo and Rochester markets during the first three months of the federal fiscal year. That's up more than 57 percent year over year, according to the latest lending summary from the U.S. Small Business Administration's Buffalo District
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PHH Corporation Comments on Settlement with Multi-State Mortgage Committee and State …

The settlement resolves and closes out findings related to legacy mortgage servicing activities occurring between January 1, 2009 and December 31, 2012 that were subject to a multi-state mortgage loan servicing examination. “We have agreed to resolve concerns raised by the MMC arising from its
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FHFA looks to update credit scoring, mortgage financing in 2018

“FHFA's request for input is a step forward towards creating a marketplace where credit scoring models can be judged on their predictiveness, innovation and inclusivity instead of the status quo where the government has created a de-facto monopoly for FICO,” Burns said to HousingWire. “Monopolies
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Bandhan Bank has 1.1 cr customer base, 28% CASA, low NPA and now IPO in a year

The last two years, we have been performing as a bank and have been making very good progress. The 1.1 crore customer base, 28% CASA and the low NPA, all together is a very good experience that I gained from the last two years. There are lots of opportunities for India to provide this banking
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Housing Outlook 2018: Six Predictions From The Experts

In 2017 Americans learned to expect the unexpected, whether it be politics, weather or housing. Driven by record low inventory, little about the housing market went as forecast last year. “We thought there would be some things to take the pressure off,” reflects Skylar Olsen, senior economist at home
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Eurex ends 2017 on a high

Eurex Repo Market average monthly outstanding volume was up 93 percent in December 2017, compared to the same time last year. The Deutsche Boerse subsidiary recorded an average monthly outstanding volume of €60.1 billion last month, up from €31.2 billion in 2016. Eurex's GC Pooling
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WENY News – Wall Street regains title as king of IPOs

LONDON (CNNMoney) — Move over Hong Kong. The New York Stock Exchange raised more money for companies going public than any other market in 2017. Initial public offerings on Wall Street raised $33.4 billion last year, allowing the NYSE to regain the top spot it last held in 2014, according to
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'Black Mirror' and Why Tech Should Be Feared

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. Good morning from Fortune's Los Angeles bureau. Andrew Nusca here, in for Adam. Have you seen Black Mirror? I am utterly captivated by season four of the dystopian Netflix (nflx) series, which for
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Former Title Company Owner Sentenced to 10 Years For Stealing Millions

Former Title Company Owner Sentenced to 10 Years For Stealing Millions

The former owner of a Southlake tilte company who stole millions from customers and once suggested Reese Witherspoon play her in a TV crime drama was sentenced Wednesday to 10 years in prison. Nancy Spinks, 46, also known as Nancy Carroll, also was ordered to pay $8.6 million in restitution.
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This Morning's Technical Outlook on Banking Stocks — Wells Fargo, Royal Bank of Canada …

For today, WallStEquities.com concentrates on the Money Center Banks industry, which is comprised of banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds. Lined up for assessment this morning are: Wells Fargo & Co. (NYSE: WFC)
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Trudeau Embraces the Economy Just as It Begins to Gear Down

Consumer confidence is nearing a record high, phone polling conducted by Nanos Research for Bloomberg shows, particularly in Quebec — a region essential to Trudeau's re-election hopes in 2019. His Liberals have rebounded in polls since reaching a low in October, with Nanos polling conducted for
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Mortgage Rates Wednesday: Mostly Unchanged

The average rate on a 30-year fixed-rate mortgage was unchanged, the rate for the 15-year fixed also was unchanged and the 5/1 ARM fell one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Wednesday. The average rate on the 30-year fixed is 29
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Certificates of Deposit & IRAs

Certificates of Deposit & IRAs. A time deposit, commonly referred to as a certificate of deposit, or CD, offers a fixed rate of interest over a specific time, and yields a higher rate of interest than most savings accounts. Please enter your zip code to continue. Please Enter Your Zip Code. Citizens National
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Title company profits to drop due to fewer originations in 2018

Lower mortgage loan origination volume in 2018, on top of 2017's decline, will lead to further reduction in title insurer profitability and a possible increase of merger activity. Still the outlook for the industry is stable because of seven years of strong net income that allowed underwriters to increase their
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Humans and robots: the future of customer-centric banking

A recent report by the Future of Work Commission, chaired by deputy Labour party leader Tom Watson, made me reflect on how banks in the UK have dealt with the technological revolution of the last few years, and how they might fare in 2018, when the pace of change will undoubtedly quicken. Indeed
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Mississippians Eligible for Payment from Settlement with PHH Mortgage Corporation

Errors on the part of a New Jersey mortgage company will end up paying dividends for a couple hundred Mississippians. Nearly 300 Mississippians will receive a note in the mail in the coming months informing them of eligibility for payments starting at $285 after a $45 million settlement was reached
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Monmouth Real Estate Will Host First Quarter 2018 Financial Results Webcast and Conference Call

FREEHOLD, N.J., Jan. 3, 2018 /PRNewswire/ — Monmouth Real Estate Investment Corporation (NYSE: MNR), will host its First Quarter 2018 Financial Results Webcast and Conference Call on Thursday, February 8, 2018, at 10:00 a.m. Eastern Time. Senior management will discuss the results, current
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country

I am outside the country and cannot access my account online to check balances and make transfers. How can I login into my account from outside the US? – Let TD Helps show you how you can reach your goals.
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Look at These Incredible Photos of the SpaceX Falcon Heavy Rocket

SpaceX late on Tuesday tweeted several photos and videos showing the Falcon Heavy rocket sitting on the launchpad vertically, awaiting its ascent. The images aim at showing the progress SpaceX has made at getting the rocket to its first test and illustrate just how big it really is. “With more than 5
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State Attorneys General reach $45 million settlement with PHH Mortgage Corporation

Attorney General Doug Peterson, 48 other state attorneys general, the District of Columbia and over 45 state mortgage regulators announced that they have reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation. The settlement resolves
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Insider Buying: International Consolidated Airlns Grp SA (IAG) Insider Acquires 1495 Shares of Stock

International Consolidated Airlns Grp logo International Consolidated Airlns Grp SA (LON:IAG) insider Nicola Shaw acquired 1,495 shares of the stock in a transaction on Tuesday, January 2nd. The stock was purchased at an average cost of GBX 668 ($8.93) per share, with a total value of £9,986.60
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Business Analyst Senior job with Freddie Mac | 1956617

Business Analyst Senior in Marketing and advertising, Accountant with Freddie Mac. Apply Today.
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Las Vegas's Economy Is on the Brink of a Boom

What U.S. city will boom in 2018? If you're placing bets, you'd look for a place still suffering a hangover from the housing bust, with subdued economic activity and a lack of excess for a decade. You'd want to find an economy where demand is starting to exceed supply in a significant way, with price
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Ohio reaches $45M settlement with mortgage lender

The attorneys general of 49 states and Washington, D.C., reached a multi-million-dollar settlement with a mortgage lender accused of improperly servicing … PHH Mortgage Corporation of New Jersey agreed to a $45-million settlement with the attorneys general of all but one state and more than 40 state
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China Is Said to Curb Power Supply for Some Bitcoin Miners

China plans to limit power use by some bitcoin miners, people familiar with the matter said. The People's Bank of China outlined the plan Wednesday at a closed-door meeting, according to the people, who asked not to be identified because it wasn't public. They didn't detail how authorities plan to enact
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PHH Corp. (PHH) Reports Settlement with Multi-State Mortgage Committee and State Attorneys …

PHH Corporation (NYSE: PHH) today issued the following statement in conjunction with the settlement agreement and consent orders its wholly owned subsidiary, PHH Mortgage Corporation, has entered into with the Multi-State Mortgage Committee (“MMC”) and State Attorneys General. The settlement
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BankThink The biggest barrier to mobile banking growth? Fear

Banks of all sizes continue to invest in mobile technology; however, don't count on 2018 being a banner year for mobile banking growth. True, researchers are predicting that one out of every two adults in the world will be using a smartphone, tablet or smartwatch to access financial services by 2021.
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Can a fintech lending firm disrupt the big four?

As CVs for Australian bankers go, Jason Yetton's background doesn't quite scream 'disruptor'. High-flyer perhaps, certainly ambitious and across trends. But helming a startup? Yetton started out in 1992 as a graduate trainee in Sydney at Bankers Trust under its then boss, the dynamic Rob Ferguson.
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Some Mississippi Residents Eligible for Mortgage Settlement

Some Mississippi Residents Eligible for Mortgage Settlement

JACKSON, Miss. (AP) — The Mississippi attorney general's office says about 270 state residents are eligible for payments from a settlement involving improper servicing of mortgage loans. Attorney General Jim Hood's office said Wednesday that Mississippians will receive notification in the mail in the
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Winter Storm Grayson: At Least 11 People Have Already Died From Cold Temperatures

The bone-chilling winter weather that has taken over vast swaths of America's East Coast—and is expected to intensify later this week as a “bomb cyclone” descends on the Northeastern U.S.—has already led to at least 11 known deaths, CNN reports. Significant snowfall, plunging temperatures, and
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Moinian, SMA secure $118M mortgage for Dallas office building

Square Mile Capital Management LLC announced that it has originated a $118 million mortgage loan secured by Renaissance Tower, a prominent 56-story office building comprising over 1.7 million square feet located in Downtown Dallas. Square Mile brought in Bank of the Ozarks to take a senior
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Commercial Credit Analyst

Apply for Commercial Credit Analyst: Salt Lake City job with Zions Bank in Salt Lake City, Utah. Lending at Zions Bank.
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Dynex Capital Inc Stock as Institutional Investors Enter

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. The stock decreased 0.79% or $0.055 during the last trading session, reaching $6.905. About 251,183 shares traded. Dynex Capital
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2 Stocks to Watch as Canada's Housing Market Enters a Rough Patch

Canada's housing market has been through a lot of changes in 2017. As the year started, the prices in the nation's largest market, Toronto, skyrocketed with gains exceeding more than 30% in some categories. But what we're going to see in the coming months won't be that rosy. The headlines may
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Which Banks Have Outperformed Their Peers in 2017?

The broader markets (SPY) (SPX-INDEX) have risen 19.6% in 2017, which is almost in line with the financial sector (XLF) at 20.4%. That reflects a high correlation. The major driver of the financial sector, or US commercial banks, has been the performance of the overall economy over the past few
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Winter Storm Grayson: How a Bomb Cyclone Delivers Freezing Cold Temperatures

It's about to get a lot colder for residents living in the northeast and midwest regions of the U.S. And that's after winter storm Grayson delivers snow, ice, and wind to the mid-Atlantic and northeast. Meanwhile, another front in the Great Lakes is ensuring folks living in Minnesota, Wisconsin, and Illinois will
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College Football Playoff title game will require most fans to use mobile devices as tickets

“The use of mobile ticketing for this title game is to further increase the safety and convenience of both the ticketing process and mobile entry for fans,” … Fans would need to log into the Ticketmaster site or use the company's smartphone apps to transfer tickets before the game, instead of simply
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The World's Most Expensive Bottle of Vodka Was Stolen From a Danish Bar

The bar in question, Cafe 33, has over 1,200 different vodka bottles. The missing bottle was a bottle of Russo-Baltique that was on loan to the bar by a Russian businessman (and was uninsured). It's estimated to be worth $1.3 million, Bloomberg reports. While the actual vodka is likely delicious, a lot of
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Alexandria Real Estate Equities, Inc. to Present at 36th Annual JP Morgan Healthcare Conference

PASADENA, Calif., Jan. 3, 2018 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced it is scheduled to present at the 36th Annual J.P.
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Trump Blasts Ex-Aide Bannon, Says He Has Lost His Mind

“Steve Bannon has nothing to do with me or my Presidency. When he was fired, he not only lost his job, he lost his mind,” President Trump says in emailed statement, Bloomberg News reports. Statement from the President of the United States: Steve Bannon has nothing to do with me or my Presidency.
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What Analysts Think about International Flavors & Fragrances

Some positive developments include a new $300 million share repurchase program that could add value for the remaining shareholders once IFF initiates buying common shares. IFF also commissioned a fragrance ingredients plant in China that could cater to the demands of that region. To accelerate
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McDonald's New $1 $2 $3 Dollar Menu Kicks Off This Week

McDonald's new “dollar menu” debuts Thursday, ending a four-year absence for fast-food lovers. The $1 $2 $3 Dollar Menu, announced in December, features bargain items at three different prices. Each tier includes a breakfast, burger, chicken, and a drink. For $1, you can buy a sausage burrito,
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US housing market 'showing signs of strain,' Nationwide Insurance report finds

For a good chunk of the country, the housing market has rebounded from the Great Recession, so much so that prices are becoming a problem moving forward. Nationwide Mutual Insurance Co.'s fourth quarter Health of the Housing Market Report has found that price gains continue to run at a pace well
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Norway Suspends Arms, Ammo Exports to UAE Amid War in Yemen

Copenhagen, Denmark (AP) — Norway said Wednesday it has suspended exports of munitions and arms to the United Arab Emirates as a “precautionary line,” based on its assessment of the situation in Yemen, where a Saudi-led coalition including the UAE has been fighting Shiite rebels for nearly
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Assistant, Real Estate

Top NYC investment firm is seeing an Assistant to support the Co-Head of their real estate practice. Successful candidate will be approachable, organized and proactive as the role entails extensive…
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New Year to Bring Balance to Some Midwest Real Estate Markets, Even More Competition to Others

Minneapolis, Jan. 03, 2018 (GLOBE NEWSWIRE) — Today RE/MAX INTEGRA, Midwest released its 2018 Housing Market Outlook providing insight on what to expect in key housing markets market across Indiana, Minnesota and Wisconsin in the year ahead. “The Midwest will remain the most affordable
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Spotify Files to Go Public on New York Stock Exchange

While the company is the market leader in music streaming, it faces growing competition from tech giants Apple Inc., Amazon.com Inc. and Alphabet Inc. Spotify hired Goldman Sachs Group Inc., Morgan Stanley and Allen & Co. last year to assess its options for a public offering. The company has already
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Outlook 2018, Part 3: Crucible: Housing, mortgages and Canada's banks

And here's the bottom line, from a forecast by RBC economists: “The risk of a full-blown housing market crash occurring in 2018 is low, in our opinion. The majority of housing markets are in balanced condition and expected to remain so in 2018. This will maintain some degree of support for home prices,
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Intel Says Major Security Bug Also Affects Competitors ARM and AMD

Intel Says Major Security Bug Also Affects Competitors ARM and AMD

Intel fired back at reports that its entire microprocessor family was riddled with a severe security hole, conceding that the vulnerability existed but saying that a fix was in the works and that competing chips were also affected. Initial reports on Wednesday that the flaw, which could allow hackers to steal
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Apple Battery Replacement May Mean 16 Million Fewer iPhones Sold

Apple Inc.'s offer to replace iPhone batteries cheaply may cut sales of new handsets by millions of units this year, according to Barclays analyst Mark Moskowitz. The Cupertino, California-based company recently said it intentionally slows down iPhones with older batteries to prevent the handsets
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PHH Mortgage to Pay $45M to Settle Multistate Litigation

Attorneys general from 49 states plus the District of Columbia announced a $45 million settlement Wednesday with Mount Laurel, New Jersey-based mortgage lender and servicer PHH Mortgage Corp. While the states' top lawyers talked about holding lenders accountable and protecting borrowers in
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Everything you need to know about the Cairns economy right now

Property, Mr Carr adds, is very much in a 'steady state' position in Cairns, though real estate sales were described as “dead flat” for the September quarter. … On the jobs front there has been a massive upward trend in job advertisements in Cairns with a 16.9 per cent increase in the 12 months from
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RBI puts Allahabad Bank under prompt corrective action

“We have to inform you that the Reserve Bank of India vide letter dated January 2, 2018 received by the bank on date has placed the bank under Prompt Corrective Action Framework, consequent to the on-site inspection under the Risk Based Supervision Model carried out for the year ended March,
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Buyers trying to beat the bank help boost Calgary's housing market to end 2017

Buyers trying to get ahead of new mortgage rules that came into effect on New Year's Day helped boost home sales in Calgary. CREB reported higher sales for all types of homes in December — a month that's typically slow for the market. “Obviously our economy is better than it was last year, over the
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BUSINESS DEVELOPMENT DIRECTOR – PROPERTY LENDING job with Montpellier Resourcing …

A specialist lender based in Central London is looking to expand their UK operations with the addition of an excellent Business Development Director who specialises in Property Lending (Residential Development). Reporting to the Executive team, the successful candidate will be….. click apply for full
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PHH Mortgage to pay $45M to settle robosigning allegations by 49 states

PHH Corp. settled allegations of foreclosure process abuses with 49 states that involved “inconsistent signatures” and improper certification of servicing documents. The Mount Laurel, N.J.-based company will pay $45 million, including $31.5 million that will go to borrowers whose homes were foreclosed
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Christchurch's languishing property values make it a tough city to leave

That is not to say that Christchurch and the surrounding districts have built too many homes. But residents' needs are better met than in the overheated housing market of Auckland particularly. The post-quake residential rebuild crested in 2014, a year in which Canterbury local authorities granted more
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No end in sight for real-estate market's doldrums

The real-estate market is likely to stay in the doldrums this year as expectations of price drops linger, but sellers are not likely to yield much, Cushman & Wakefield Taiwan said yesterday. “Another 10 percent price correction is necessary to motivate buyers, but it would take major external shocks for
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South Central Cattlemen to meet Jan. 11 in WP

Tony Clayton with Clayton Agri-Marketing Inc. will speak on “Exporting livestock genetics to Asia” at the next meeting of the South Central Cattlemen, to be held at 6:30 p.m. Thursday, Jan. 11, at the West Plains Civic Center in West Plains. Brill Title Company will sponsor the dinner provided by Savor's
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US Housing Market: Tight Supply Persists at Start of 2018

2017 ended up being a banner year for many housing-related stocks including homebuilders and home improvement retailers. There were several different macroeconomic factors at play in the U.S. housing market that contributed to the outperformance of housing-related companies last year. So far for
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loanDepot partners with homebuilder AV Homes to launch mortgage venture

The companies are launching a joint venture called AVH Mortgage, which will provide mortgages for AV Homes buyers. AV Homes is one of the top 25 homebuilders in the country, and currently operates in Florida, the Carolinas and Arizona. The company's key markets are Orlando, Jacksonville,
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Oaktree Specialty Lending (NASDAQ:OCSL) Earns “Hold” Rating from Maxim Group

Oaktree Specialty Lending logo Oaktree Specialty Lending (NASDAQ:OCSL)'s stock had its “hold” rating restated by equities research analysts at Maxim Group in a research report issued to clients and investors on Tuesday, December 26th. A number of other brokerages have also issued reports on
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PHH Agrees to $45M Servicing Settlement

The Mortgage Collaborative has announced a new strategic partnership with PHH Mortgage PHH Corp. has announced a settlement with the Multi-State Mortgage Committee (MMC) and the attorneys general of 49 states and the District of Columbia plus 45 state mortgage regulators involving improper
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Global Housing Markets Are 'Slowing Sharply.' Is Canada Next?

Meanwhile, “Canada … is in the middle of a house price boom,” the report noted. That's despite the introduction of foreign-buyers' taxes for the Toronto and Vancouver housing markets, as well as other measures in Ontario's Fair Housing Plan designed to cool house price growth. Recent data suggests
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Best Places To Retire Abroad In 2018: What 2 Rankings Say

International Living also split its traditional Buying and Renting category into two: Buying & Investing and Renting. “We thought that buying might never be a serious consideration for a lot of people,” said Prescher. “And there are a lot of great deals for renting in an area, but not buying. I'd put Malaysia in
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Asset Based Lending Collateral Analyst III – Mt Laurel, NJ

The ABL Collateral Analyst III analyzes collateral information (submitted by bank clients) to determine the eligibility and “integrity” of collateral values as they are used in the calculation of collateral/loan availability. The ABL Collateral Analyst III advances funds against pre-approved lines of credit based
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Germany Must Come to Terms With Refugee Crime

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Leonid Bershidsky at lbershidsky@bloomberg.net. To contact the editor responsible for this story: Therese Raphael at traphael4@bloomberg.net. Before it's here
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Here's what you can buy in today's Jersey Shore housing market for $1M

With all this cold weather we've been having we thought it would be fun to put together a list of available Jersey Shore homes. We've tracked down houses in both Atlantic and Cape May County to show you what you can purchase for about $1 million right now. Check out the gallery to see what's
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A Tool for Making Sense of the Cryptocurrency Markets

A Tool for Making Sense of the Cryptocurrency Markets

Aaron Brown at aaron.brown@privateeram.com. To contact the editor responsible for this story: Max Berley at mberley@bloomberg.net. Before it's here, it's on the Bloomberg Terminal. LEARN MORE. Comments. Bloomberg Prophets. Professionals offering actionable insights on markets, the economy
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MIT President Says Immigrant Travel Ban Will Hurt US Economy

“What happens, thanks to these immigrants, are places like MIT help the American economy — that has to be understood,” Reif said in a wide-ranging interview to air Wednesday on Bloomberg TV. “The whole nation will hurt with this perception that we are not as welcoming as we used to be.”
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RBC working to resolve web banking issues

TORONTO – The Royal Bank of Canada says its online and mobile banking is working sporadically and it is working to resolve the issue. The company's verified customer support Twitter account has been responding to customer complaints since early morning. Twitter users have complained about
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Bye-Bye Bank Branches, Hello Cloud: 10 Retail and Commercial Banking Trends To Watch In 2018

As Yogi Berra famously pointed out, 'it's tough to make predictions, especially about the future.” Nevertheless, based on my interactions with clients over the last 12 months, here are some best guesses about what executives in the retail and commercial banking industry will be thinking and talking about
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I-95/Willis Road bypassed in road funding request

The county is requesting $125 million from the state to address congestion issues in the corridor around state Route 288 and Hull Street Road. JAMES HASKINS The Board of Supervisors recently approved a list of 10 transportation projects that will be submitted for state funding in fiscal year 2019.
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Mortgage Retail Development Sales Associate

Learn more about applying for Mortgage Retail Development Sales Associate at Santander Bank.
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Steve Bannon Calls Donald Trump Jr.'s Trump Tower Meeting 'Treasonous'

Steve Bannon, one of President Donald Trump's former campaign chiefs and White House advisors, has described a meeting between Russians and senior campaign staff in the Trump Tower “treasonous,” “unpatriotic,” and “bad shit.” The Guardian, which obtained an advanced copy of journalist
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Barrie Housing Prices Increased Over Twenty Per Cent in 2017

Barrie's realtors say 2017 saw steady housing price increases, while sales continued to drop. The Barrie and District Association of Realtors has run the numbers for last year and the year prior and have noted a 21% increase in the average Barrie home. “After a fast, busy start, things leveled off in our
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Should Detroit Continue Demolishing Dilapidated Housing?

Markets in vibrant cities provide incentives that offset the costs of tearing down and replacing unwanted housing with newer housing. Cities in decline may lack these market incentives, requiring the public to step in and pick up demolition costs. In this article, Michigan State University's Mark Skidmore
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Will BBVA Become The Amazon Of Banking?

New European bank regulations that take effect this year will thrust forward the move toward “open banking.” A UX design expert argues only an appropriate digital strategy will allow banks to stay alive after this disruption. This analyst argues that BBVA has successfully transitioned from
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on line banking access

I forgot my old email – Let TD Helps show you how you can reach your goals.
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Scott McGregor Named Managing Director of American Title

Assurant, a provider of risk management solutions, has promoted industry veteran Scott McGregor to managing director of American Title Inc. (ATI), which Assurant acquired in July 2016. McGregor has nearly two decades of leadership experience in mortgage lending and services. He joined ATI in May
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Should Investors Be Buying Baxter International (NYSE:BAX) Stock Following Today's JP Morgan …

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.05, from 0.92 in 2017Q2. It increased, as 38 investors sold Baxter International Inc. shares while 300 reduced holdings. 76 funds opened positions while 253 raised stakes. 439.80 million shares or 0.96% less from 444.08 million shares in
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With tax law not positive for housing, top analyst finds value away from homebuilders

While the cutting of the mortgage interest deduction to $750,000 from $1 million received a lot of attention, the nearly doubling of the standard deduction will also hit the housing market, he said. “The vast majority of people who are currently itemizing their taxes will not do so anymore because they won't
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Consumer Lending Loan Servicing Specialist III

Learn more about applying for Consumer Lending Loan Servicing Specialist III at Santander Bank.
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Jeffersonville Masonic Temple sold to real estate firm

The Louisville-based real estate firm said they're excited to move across the river. “I think this is going to be our home going forward because we've been welcomed with open arms. We've been tremendously active over the last two years, had tremendous success and we see a lot more opportunity,”
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Groysman sells real estate to his wife's company

Ukraine’s 40-year-old Prime Minister Volodymyr Groysman has sold Hr 8.8 million, or $350,000, worth of real estate to his wife Olena Groysman, according to a state registry that reveals property and income declarations of civil servants. The transaction took place between Groysman and Magigrand
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Navy Federal Rebuilds Its Business Lending Engine

The nation's largest credit union is a relatively small player in business lending, but a vender announcement Wednesday signaled Navy Federal Credit Union has aspirations to expand its portfolio, focusing on small businesses. Navy FCU ($83.7 billion in assets, 7.4 million members) said it will use the
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First American Financial Corp (FAF) Holdings Reduced by Janus Henderson Group PLC

The fund owned 833,757 shares of the insurance provider's stock after selling 21,706 shares during the period. Janus Henderson Group PLC owned … The Company operates through the title insurance and services segment, and specialty insurance segment. The title insurance and services segment
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Broe Real Estate snaps up commercial building in Longmont

LONGMONT — Broe Real Estate Group, a private real estate investment firm based in Denver, has purchased a 461,000-square-foot office/lab facility at 2452 Clover Basin Drive in Longmont. Broe Real Estate Group paid $8.6 million in an off-market deal for the property that is part of the Campus at
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Harrison Street Real Estate Capital Sells $1 Billion Student Housing Portfolio to Scion Student …

Harrison Street Real Estate Capital Sells $1 Billion Student Housing Portfolio to Scion Student …

CHICAGO–(BUSINESS WIRE)–Harrison Street Real Estate Capital (“Harrison Street”), one of the largest real estate investment firms dedicated to the education, healthcare and storage sectors, today announced the sale of a 22-property student housing portfolio to Scion Student Communities LP, the
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Looking to update your yard? Here are the trends to watch…

If you're thinking about selling in 2018, adding texture to your design will help keep you on trend with market demand. … “As more and more consumers see outdoor rooms on the market, they will likely become the perceived norm and the real estate market will have to respond to meet buyer demand.
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Apple and Reese Witherspoon Are Developing Another Original TV Series

The tech giant is developing a new original TV series that the Oscar-winning actress would executive produce, a source with knowledge of the situation confirmed to Fortune after the news was first reported by entertainment site Deadline. The new drama series being developed would star Oscar-winner
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Trump Doesn't Have a Nuclear Button. He Has A Football and a Biscuit

For an even deeper dive, check this piece in Fortune by Admiral James “Sandy” Winnefeld, the ninth vice chairman of the Joint Chiefs of Staff when he retired from the U.S. military in 2015. To be clear, Kim doesn't have a button that can launch a nuclear weapon in seconds either, according to officials
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OLD National Bancorp IN Raises Position in Honeywell International Inc. (HON)

OLD National Bancorp IN increased its stake in shares of Honeywell International Inc. (NYSE:HON) by 10.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,443 shares of the conglomerate's stock after buying an additional
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PHH Mortgage Corp. will pay $45 million settlement to states including Ohio

Ohio is one of 49 states, plus the District of Columbus, that has reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corp. The settlement, which also was joined by more than 40 state mortgage regulators, “resolves allegations that PHH, a non-bank
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Should You Buy McDermott International, Inc. (MDR) or TETRA Technologies, Inc. (TTI)?

McDermott International, Inc. (NYSE:MDR) shares are up more than 5.47% this year and recently increased 5.47% or $0.36 to settle at $6.94. TETRA Technologies, Inc. (NYSE:TTI), on the other hand, is up 0.94% year to date as of 01/02/2018. It currently trades at $4.31 and has returned 1.89% during
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20 Banks That Consumers Loved to Hate in 2017

It can seem at times as if everyone complains about their bank. The late fees. The paltry interest. The terrible customer service. But there's a difference between general grumbling and real problems—and the latter are when the Consumer Financial Protection Bureau is assigned to step in. The agency
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Forget Home Depot — Lowe's Companies, Inc. Is a Better Dividend Growth Stock

Home Depot (NYSE: HD) gave investors a big raise at the beginning of 2017, increasing its quarterly dividend 29%, to $0.89 per share. Home Depot's dividend growth over the last seven years has been nearly as exceptional as the increase in its stock price, up about 262% since the start of 2011.
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Mobile Office Market Survey shows positive trends

Absorption rate is defined as the rate commercial real estate investors gauge tenant demand and is measured in square footage. Positive percentages indicate more potential move-in momentum in an area. Negative numbers indicate supply exceeds demand. Absorption can be measured for a single
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Real Estate Talk: FHA bars solar PACE loans

7 announcement, the FHA joined the Federal Housing Finance Agency, which had barred Fannie Mae and Freddie Mac from purchasing mortgages on homes with PACE loans. The new prohibition on PACE liens goes into effect for FHA case numbers issued 30 days from the announcement. Mortgages
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Oaktree Specialty Lending Corpo, (NASDAQ: OCSL) – An Eye on Beta

Oaktree Specialty Lending Corpo, (NASDAQ: OCSL) was trading -15.74% away from its yearly high level, during the last trading session. The last session's volume was 1,585,211 compared to its average daily volume of 935.77K shares. The company has its outstanding shares of 141.53M. The
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Ripple Roars Past $3 to Become Second Most Valuable Digital Currency

The new year has already brought some surprises on the cryptocurrency front, but the biggest one is about Ripple: In the last 24 hours, the currency has climbed around 25% to break $3 and lock up second place behind bitcoin. Ripple's recent run is remarkable in part because it has eclipsed Ethereum,
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Midland Burger Co. wins Rookie Food Truck of the Year title

The votes are in, and Midland Burger Co. secured the title of 2017 Rookie Food Truck of the Year. The competition was facilitated by Mobile Cuisine, an online resource for the mobile food industry. Midland Burger Co. was one of 10 food trucks from across the country that was nominated for the title.
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Discovered!

Last week, I wrote about the condo drought Utah is experiencing. Well, this week I have some good news and some bad news to start off the new year. First the good: Utah was ranked third for commercial real estate investment in the PricewaterhouseCoopers and Urban Land Institute “Emerging Trends
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Tax bill: Some realtors see cooling off, not collapse, of high-end home market

In interviews this week, Stringfellow and many of her colleagues in the high-end real estate marketplace don't seem to be buying the worst-case scenarios. While the full impact of the bill—and its effect on home prices—is still coming into focus, many in the high-end real estate market feel that even with
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Bitcoin's 'Altcoin' Cryptocurrency Rivals Are Finally Catching Up

Bitcoin alternatives are closing the gap with the market leader after names like stellar and cardano became red hot as 2017 was closing. The biggest cryptocurrency's share of market value has fallen to a record 36 percent from 56 percent a month ago, according to CoinMarketCap prices for coins and
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RBC dealing with online and mobile banking service disruptions

TORONTO — The Royal Bank of Canada says its online and mobile banking is working sporadically and it is working to resolve the issue. The company's verified customer support Twitter account has been responding to customer complaints since early morning. Twitter users have complained about
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CREDAI pegs real estate prices to go up due to input costs

CHENNAI: Confederation of Real Estate Developers' Association of India has said property prices could rise due to rising input costs. … “Credai Chennai feels there will be a rise in the property prices that cannot be avoided due to rise in raw material costs”, Krishn said in a press release. Real estate
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Royal Bank hit with rolling online outages, problems logging in

The Royal Bank of Canada says it is working to resolve an ongoing issue that has seen its customers unable to access online banking and self-directed investing brokerage accounts on Wednesday. “Some clients are experiencing delays when attempting to log on to our Online Banking and RBC Direct
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Bank of New York Mellon Corp Sells 3995 Shares of ICF International Inc (ICFI)

Bank of New York Mellon Corp Sells 3995 Shares of ICF International Inc (ICFI)

Seizert Capital Partners LLC increased its stake in shares of ICF International by 1.2% in the second quarter. Seizert Capital Partners LLC now owns 59,552 shares of the business services provider's stock valued at $2,805,000 after buying an additional 707 shares in the last quarter. Systematic
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Why the $29 iPhone Battery Replacement Deal Could Hurt Apple's Stock

After years of conspiracy theories that Apple was purposely slowing older iPhones to prompt upgrade purchases, the opposite effect may be in play now, according to one Wall Street analyst. Apple last month admitted that in recent years its iOS software intentionally slow the performance of older
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Mortgage Applications Drop 2.8% On A Seasonally-Adjusted Basis Over The Holidays

Over the course of the two-week period ending December 29th, 2017, mortgage applications fell by 2.8% on a seasonally-adjusted basis, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey. This week's results include adjustments to account for the Christmas holiday.
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"I Too Have a Burger on My Desk": KFC Warns McDonald's in Nuclear Button Parody Tweet

President Donald Trump wasn't the only one throwing around nuclear threats this week. On Wednesday, KFC threw down against its own rival—McDonald's. KFC UK and Ireland tweeted, “McDonald's leader Ronald just stated he has a “burger on his desk at all times”. Will someone from his big shoed,
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2017 home sales in Vancouver more normal but prices up says real estate board

“Metro Vancouver home sales were the third highest we've seen in the past ten years while the home listings total was the second lowest on record for the same period,” Oudill says in a news release. She also says market activity across the Vancouver region differed considerably in 2017 based on
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Fed fails to dampen debt demand with increased interest rates

Rising Federal Funds Target Rates have deceived real estate investors; the lending market in New York City is not rapidly getting more expensive. … The result of these trends has been a disconnect between the prices sought by commercial real estate sellers and potential buyers for their assets.
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International Shoppers' Top 20 Favorite US Stores (2018 Edition)

What are international shoppers buying from U.S. stores? Clothing, toys, skincare products, makeup, vitamins, cell phones and accessories and are the most popular items. For more about the most popular U.S. brands and products, see MyUS' new infographic, “What International Shoppers Love to Buy
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The country celebrates its good fortune

Photo: Alfonso Oscar. Cuba continues celebrations for another anniversary of the Revolution, a tribute to the hard-working people who have made it possible. After a January 1 when all of Cuba danced, the Ministry of Culture and local institutions announced the continuation of performances by
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Planet Home Lending names Kimberly Grandy VP of human resources

Founded in 2007, Planet Home Lending is a privately held, national residential mortgage lender with multiple business channels uniquely positioned to provide competitive products and services. We are an approved originator and servicer for FHA, VA, and USDA as well as a Freddie Mac and Fannie
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Crypto P2P lender Celsius readies for launch

CELSIUS, an Ethereum-based peer-to-peer lending platform, is set to launch during this quarter. Lenders will receive up to seven per cent year by depositing coins into the Celsius Wallet that are lent out to the platform's network of members, according to LeapRate.com. “Today's lending market is built
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DBO Joins $40.3 Million Multi-State Settlement with PHH Mortgage

The settlement requires the New Jersey-based lender to pay $31.5 million in consumer relief, to be distributed by an administrator to 52,000 borrowers from California and 46 other participating states. At least 3,800 California borrowers will be eligible for refunds under the settlement. The administrator
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Mississippians eligible for payment from settlement with PHH Mortgage Corp.

Nearly 300 Mississippians will receive a note in the mail in the coming months informing them of eligibility for payments starting at $285 after a $45 million settlement was reached with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation for the company's improper servicing of
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California Housing Package Launched January 1 with a Resolution to Ease Housing Costs, Shortage

BUSINESS WIRE)–California's far-reaching housing package went into effect January 1, 2018, launching a major breakthrough for funding and … “The package will not solve the housing cost and the housing shortage challenges overnight, but provides a very solid foundation that we can build on in the
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Trump Says Bannon 'Lost His Mind' After Leaving White House

President Donald Trump denounced his former top strategist, Steve Bannon, on Wednesday, saying that he “lost his mind” after leaving the White House last summer. “When he was fired, he not only lost his job, he lost his mind,” Trump said of Bannon in a statement the White House issued. “Now that he
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Live support

I wanted to know if I wanted to get some furniture do I ha e to apply for another account – Let TD Helps show you how you can reach your goals.
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Real estate daily market update: January 3, 2018

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Wednesday, January 3. Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, a measure of mortgage loan application volume,
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Trump Administration Will Seek UN Meeting on Iran Protests

The Trump administration plans to ask the UN Human Rights Council to convene an emergency session on protests in Iran in which the U.S. believes 21 people have been killed and more than 1,000 arrested, U.S. officials said. Thousands of Iranians have taken part in unrest across the country that
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Didi is buying an Uber competitor in its fastest-growing region

Didi is bolstering its international presence in a major ride-hail market: Brazil. The company announced that it is buying taxi and private car-hailing company 99, for around $600 million. The acquisition comes almost exactly a year after Didi led a $100 million investment in 99, formerly called 99Taxis.
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Let's Talk About 3% Down

If you think buying a home is out of reach because you don't have enough for a 20% down payment, think again. Most homebuyers put down less and low down payment options are available for qualified borrowers. For example, the Freddie Mac Home Possible Advantage® mortgage offers down
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The Germans Are Escalating America's Grocery Price War

Before Amazon.com jolted the food world with its $13.7 billion deal to purchase Whole Foods in June, Lidl's U.S. expansion was the biggest story in the grocery industry. Lidl, which operates … “It's created a lot of pressure to keep prices low,” said Jennifer Bartashus, an analyst at Bloomberg Intelligence.
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South Jersey's PHH agrees to $45M settlement over fraud claims

South Jersey's PHH agrees to $45M settlement over fraud claims

PHH Corp. has agreed to pay $45 million to settle claims with 49 state attorneys general that it improperly serviced mortgage loans from 2009 through 2012. The Mount Laurel, N.J.-based PHH, the nation's ninth largest non-bank residential mortgage servicer, also was required to adhere to
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Land sales up in Chinese cities in 2017

BEIJING, Jan. 3 (Xinhua) — Land sales increased in Chinese cities last year as the government moved to cool the market with higher supply, according to the China Index Academy, a property research organization. Land sales in 300 Chinese cities totaled 950.36 million square meters in 2017, up 8
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Trump's tax overhaul has slowed Manhattan's real estate market even before going into full effect

Fourth-quarter home sales in Manhattan slumped as buyers considered the impact of the new tax law. The Tax Cuts and Jobs Act caps the amount of state and local tax deductions at $10,000, and rich taxpayers who itemize their deductions benefitted the most when it was uncapped. Homeowners
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Inclimate Weather Updates

Your calls to Ameris Bank are very important to us, and will be answered and returned as soon as possible. When calling your banking location or our Customer Care Center, you will be able to dial by extension or name, access 24-hour account information including current balance, deposits made,
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New Jersey-based lender agrees to pay $45M to settle mortgage misconduct claims

A New Jersey-based lender agreed to pay $45 million to settle claims that it improperly serviced home loans in 49 states, including New York. PHH Mortgage Corporation, the nation's ninth largest non-bank residential mortgage servicer, was accused of charging bogus fees, failing to apply borrowers'
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RBI calls for more structural reforms to restore health of banking sector

Banks could be forced to compromise on their lending standards and also price their loans in a way that does not reflect their cost of funds as corporates increasingly move to non-bank sources to meet their funding needs, a study by the Reserve Bank staff says. It calls for more structural reforms of the
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Vancouver's Real Estate Market More Normal In 2017 But Prices Are Up: Real Estate Board

The real estate board says the benchmark price of condominiums leaped 25.9 per cent in Metro Vancouver last year, while townhomes increased 18.5 per cent and the price for detached homes climbed 7.9 per cent. Looking ahead to 2018, Oudill says only time will tell how the market will react to
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GKCU announces new EVP/Chief Lending Officer

Wilcox has been with GKCU for the past 6 years as the Vice President of Lending. In his new position, Wilcox will expand his role with the lending department at the credit union's five branches, as well as assume responsibilities with annual audits, internal and external financial controls, working closely
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Central Okanagan the third star in BC real estate game

OKANAGAN – If it wasn't for the Lower Mainland and its crazy housing market, the property value increases in the Central Okanagan would be a bigger news story than it is. “The increase has been been very positive this year, the strongest of the last three years,” B.C. Assessment senior assessor Tracy
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United Bank Hires Michelle Chase to Manage Ludlow Branch

United Bank Hires Michelle Chase to Manage Ludlow Branch. United Bank today announced the hiring of Michelle Chase of Suffield, a local banker with 16 years of banking and financial experience throughout Western Mass and North Central Connecticut, as their new Vice President/Branch Manager
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Why the Next iPhone X Could Be Apple's Biggest Smartphone Ever

Apple could be building its biggest iPhone ever. And it might be released later this year. LG Display, the Korean conglomerate's screen-making arm, will supply the organic light-emitting diode (OLED) panels Apple needs to deliver a 6.5-inch iPhone this year, Korea Herald is reporting, citing people who
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Mortgage applications decreased during holiday season

Mortgage application volume decreased 2.8% during the last two weeks of 2017, according to the Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending Dec. 29 found that the refinance index decreased 7% from two weeks ago. The results include
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Breakingviews – Ant's US march may require China-like steps

HONG KONG (Reuters Breakingviews) – To sustain its march on the United States, Ant Financial may have to take some China-like steps. Jack Ma's digital-payments business must rethink its global strategy after U.S. authorities torpedoed a plan to buy MoneyGram International. Even a newly touted
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Nebraskans eligible for mortgage settlement payments

Approximately 175 Nebraskans will be eligible for a payment related to a $45 million settlement with a mortgage lending and servicing company. Nebraska was one of 49 states and the District of Columbia that settled with New Jersey-based PHH Mortgage Corporation, which is the country's
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'Millennium Mobster' took millions from Texas customers. And she laughed about it.

The Keller lawyer, also known as Nancy Jackson Spinks, 46, skimmed money from countless real estate transactions through the years that were funded through her various title companies. In a recorded phone call with her mother while she was in custody in Lake Forest, Illinois in 2016, Carroll laughed
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Hundreds of Alabamians eligible for compensation after $45 million settlement with mortgage lender

Alabama Attorney General Steve Marshall announced today that he and dozens of other state attorneys general have reached a settlement with one of the largest mortgage companies in the nation. Marshall, 48 other state AGs, the District of Columbia, and over 45 state mortgage regulators reached a
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Australian home prices falls in last quarter of 2017

SYDNEY • Australian home prices fell in the final three months of 2017, the first such decline in almost two years, as the nation's biggest market Sydney continued to cool. Values nationally declined 0.3% in three months to Dec 31, the first such drop since the period ending April 2016, according to
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Lending Advisor – Banking – Epsom

Customer Advisor – Lending / Banking – Epsom – £22k. Epsom, Surrey to £22k + Benefits. A Customer Advisor is required for a leading Fintech company with a view to becoming 'Brand Champion' with the goal of creating local awareness, generating leads and building relationships with local
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Administrative Assistant – Corporate Banking – Boston, MA

Provides administrative support to individuals or department. Performs general clerical and general office duties involving typing, record and file maintenance, mail distribution, answering telephones, writing memos, etc. as directed. Can also input data into spreadsheets and/or databases. Follows
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VC Funding in Real Estate Tech Leaped to $12.6B in 2017: Report

The amount of venture capital money invested in real estate tech last year was triple the $4.2 billion that flooded companies' coffers in 2016, with the 2017 numbers boosted significantly by SoftBank's enormous $4.4 billion investment in coworking giant WeWork and the $550 million raised by residential
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UPDATE 1-PHH Corp settles with 49 US states over mortgage misconduct

UPDATE 1-PHH Corp settles with 49 US states over mortgage misconduct

The company will follow comprehensive mortgage servicing standards, conduct audits and provide results to states under the deal. Over $30 million of the settlement funds will go toward affected borrowers. The settlement comes as PHH Mortgage awaited a ruling from a U.S. appeals court in its fight
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Property predictions 2018: Sydney slowdown, bumper year for Hobart

Wondering what the property market has in store for 2018? Whether you're on the hunt for a first home for your family, or you're a seasoned buyer on your fifth investment home loan, knowing what's ahead is key to making sure you find the right property fit. Below I've outlined where I think the property
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What You Need To Know About the Protests in Iran

A 2013 investigation by Reuters revealed that some of the organizations Ayatollah Khamenei controls have allowed him to amass a fortune. Setad, a foundation meant to help the poor and run by the supreme leader reportedly without oversight, was worth $95 billion at the time. In recent events, enemies
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New year brings new mortgage protections for Oregonians

Senate Bill 98, passed during the 2017 legislative session, places mortgage companies that service Oregon home loans under the licensing and enforcement authority of the department's Division of Financial Regulation. Mortgage loan servicing companies must now obtain a license from the division.
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Popular software Agile CRM makes its real estate debut

Have suggestions for products that you'd like to see reviewed by our real estate technology expert? Email Craig Rowe. Agile CRM is a customer relationship management solution. Platforms: Browser; mobile-optimized Ideal for: Large teams; brokerages Top selling points Established, multi-industry
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Ask a Lender takes loan searches to a new level

“This is an unpresented opportunity for mortgage brokers and bankers to present niche-loan types ― whether they are the bread and butter of their business or not,” says Brian B. Simmons, CEO and founder of Ask a Lender. “It is a win-win situation for borrowers and loan professionals,” Brian adds.
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Spotify Might Have Already Confidentially Filed for Its IPO Last Month

While direct listings are rare—especially for a high-profile IPO like Spotify's—they also allow companies to avoid issuing new shares to raise capital that would dilute the holdings of current executives and investors. As Fortune noted last summer, if Spotify pulls off a successful direct listing, that could spur
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Mortgage activity up in 2017 due to first-time buyers

Mortgage activity rose in 2017 due to heightened first-time buyer activity, UK Finance data has found. It estimated gross mortgage lending in October was £23.1b, 9% higher than a year earlier, with 60% of all new lending provided by high street banks. Eric Leenders, managing director of Commercial
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Singapore Home Prices Poised To Grow 5% in 2018, Extending Rebound

Singapore's housing market continues to gain momentum after a nearly four-year slump, with residential prices rising by 0.7 percent last quarter – bringing full-year growth to one percent in 2017 – and further growth of up to five percent expected for 2018. The boost in private residential prices in the last
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Mondelez International Inc (NASDAQ:MDLZ) Stake Lowered by Stifel Financial Corp

Acrospire Investment Management LLC boosted its position in shares of Mondelez International by 1,450.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company's stock worth $134,000 after purchasing an additional 2,900 shares in the last quarter.
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Capital Economics: Mortgage applications ended 2017 on 'weak note'

“Potential buyers see little point in applying for a mortgage when there are no homes available to buy,” the report said. “Admittedly, that lack of inventory has not prevented a surge in home sales in the final few months of the year. But, with mortgage applications for home purchase flat, cash-buyers must
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Mortgage Underwriter 3-4 Job in Long Beach Area, CA

SunTrust has a career opportunity for a Mortgage Underwriter 3in4.
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Term Sheet — Wednesday, January 3

Read more at Fortune. • Microsoft agreed to acquire Avere Systems, a Pittsburgh, Penn.-based provider of high-performance storage for cloud, hybrid and on-premises environments. Financial terms weren't disclosed. Avere Systems had raised approximately $86 million in venture funding from investors
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STACR Debt Notes Again Receive Top NAIC Designations

MCLEAN, VA–(Marketwired – Jan 3, 2018) – Freddie Mac ( OTCQB : FMCC ) today announced that its Structured Agency Credit Risk (STACR®) debt notes have received designations by the National Association of Insurance Commissioners (NAIC) for the 2017 filing year. 2017 STACR Debt Note NAIC
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Investment in technology paying dividends for mortgage brokerage

Eastern Union Funding, one of the nation's leading commercial real estate mortgage brokerages, is closing in on a record-breaking year of nearly $4 billion in lending transactions, thanks in large part to our commitment to bringing technological advancements to our brokers and our clients as part of a
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Signs point to the Spanish property market continuing to recover in 2018

Property sales recorded in Spain recorded in the land registry soared in October 2017, up 28%, the biggest increase since the housing market recovery began. The figures from the National Institute of Statistics suggest that the end of the summer months were strong for sales as the data refers to
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Retail Mortgage Producing Sales Manager Atlanta Job in Atlanta Area, GA

Responsible for managing and directing the work for a team of Mortgage Loan Consultants and/or Production Assistants. Primary function is to serve as a sales manager developing and implementing sales strategies to encourage sales growth and to grow loan sourcing channels within a local market.
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Visualizing the End of Passwords

Just don't tell that to car dealers or title companies. Particularly comical is that we personally authorize retail purchases by signing via digitizers. A digitized signature could be affixed to anything. Oddly, we do this for no apparent reason, as cashiers rarely can see or validate signatures anyway.
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The Different Types Of Mortgages

Once you've found your dream home, or perhaps you haven't just yet, you'll almost certainly need a mortgage to move in. But which one should you go for? Read on to learn about the different types of mortgages there are and which one is right for you →
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Govt to infuse Rs 7577 crore in 6 weak PSU banks

The finance ministry has approved the proposal for the infusion of Rs 7,577 crore in 6 weak public sector banks (PSBs) as part of the recapitalisation plan to bolster the capital adequacy ratio. All these banks, which got capital support, are under prompt corrective action of the Reserve Bank of India.
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