Technology Could Have Prevented Deadly Amtrak Derailment, NTSB Says

Technology Could Have Prevented Deadly Amtrak Derailment, NTSB Says

Amtrak train cars lie on Interstate 5 after a derailment in DuPont, Washington, U.S., on Monday, Dec. 18, 2017. The Amtrak passenger train derailed sending rail cars plunging onto a busy interstate during the morning rush hour and resulting in injuries and deaths. David Ryder—Bloomberg/Getty Images.
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Brainstorm Health: RNA Interference, Sanofi Dengue Vaccine, Quartet Funding, Philip Morris

The gene-silencing strategy, in the form of RNA interference, has also showed promise against an uncommon neurodegenerative disease called hereditary ATTR amyloidosis, as Sy wrote about in Fortune's year-end Investor's Guide. Alnylam Pharmaceuticals, based in Cambridge, Mass., has so far
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Sessions to Kill Obama Policy That Ushered in Legal Marijuana

Attorney General Jeff Sessions is rescinding an Obama-era policy that helped states legalize recreational marijuana, throwing a wet blanket on the fledgling industry during what should have been a celebratory week. Shares of pot companies plunged. The Justice Department will reverse the so-called
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Fannie And Freddie Face An Uncertain Future

“The article also noted that the yet-to-be-released draft bill technically kills Fannie Mae and Freddie Mac while preserving their core operations,” Groshans wrote. The new report suggests the Federal Housing Finance Agency could place the GSEs into receivership and liquidate their assets, transitioning
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Clovis business agrees to stop mortgage loans

CLOVIS, N.M. (KFDA) -. A Clovis business will stop offering mortgage services to resolve a dispute with New Mexico regulators. Western Mortgage, an unlicensed mortgage lender, says they will stop originating home loans to satisfy an agreement with the New Mexico Office of Attorney General.
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How Merkel Is Taking on Facebook and Twitter

Germany has now begun enforcing Europe's toughest law aimed at reining in hate speech and fake news on social media, threatening to fine the likes of Facebook Inc., Twitter Inc., and Alphabet Inc.'s YouTube up to 50 million euros ($60 million) if they refuse to delete illegal posts. The legislation, which
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Mortgage applications lower last week

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($424,100 or less) remained unchanged from the week prior at 4.25%, with points increasing to 0.36 from 0.35 (including the origination fee) for 80% LTV loans. The effective rate increased from last week.
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Genworth working on data protection plan to get merger approval

Back in October Genworth and China Oceanwide pulled their joint voluntary notice with the Committee on Foreign Investment in the United States and have yet to refile it. China Oceanwide agreed to pay $2.7 billion in October 2016 for Genworth, whose mortgage insurance business is profitable but has
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ZK International Group Co., Ltd. (ZKIN) Reaches $11.16 After 4.00% Down Move; Stewart …

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services worldwide. The company has market cap of $1.06 billion. It operates through two divisions, Title Insurance and Related Services, and Ancillary Services and Corporate divisions
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Kate Carnell calls banks to account over closures

Speaking to The Australian, Ms Carnell said it was now time to consider — separately to Kenneth Hayne's banking royal commission — whether … “Small businesses tend to have all their services tied together — general banking, a business bank account, a home loan — the whole kit and caboodle.”.
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MAS Real Estate appoints new CEO

Cape Town РMas Real Estate announced in a note to shareholders on Thursday that Morn̩ Wilken is the new CEO with effect from 1 January 2018. This follows the resignation of Lukas Nakos, who ceased to be a director on 31 December 2017. Mas Real Estate is listed on the Main Board of the JSE
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UK November mortgage approvals +65.1k vs +64.0k expected

Not much to read from the data as mortgage approvals remain similar to the prior month – post-revision that is. It was a mixed year but the latest readings are among the lowest for 2017 – though it remains elevated compared to prior years so at least people are still looking for dwellings and lenders are
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Android banking Trojan may target Indian banks' mobile apps: Quick Heal

If any one of the targeted apps is found on the infected device, the app shows a fake notification on behalf of the targeted banking app. If the user clicks on the notification, they are shown a fake login screen which enables stealing the user's confidential info like net banking login ID and password.
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Real Estate Wrap: Mitch Kapor Berkeley lot; sourcing 'raw water;' a $1M Eichler

Some may remember the long-running saga of 2707 Rose St. in North Berkeley. Lotus founder Mitch Kapor and his wife Freida Kapor bought an abandoned home there in 2008, with a view to tearing it down and putting up a large, modern house with a 10-car garage. Berkeley approved the Kapors'
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Local Social Pro Provides Real Estate Agents and Brokers with Customized Social Media …

LOS ANGELES, Jan. 4, 2018 /PRNewswire/ — Real estate agents and brokers today juggle a myriad of tasks and duties that keep them busy. From locating the right house for a motivated buyer and helping them secure preapproval from their mortgage company to picking a home inspector and
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Inlanta Mortgage – #1 Wisconsin-Based Independent Mortgage Banker

Knowlton continued, “As an independent mortgage banker, we offer a larger variety of loan options such as VA, USDA, FHA, and WHEDA, than is typically offered by most lenders. Inlanta also serves the entire state of Wisconsin, including underserved rural markets whereas many lenders only focus on
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Open Banking – Winning Hearts and Minds

With the first wave of banks launching Open Banking APIs on the 13th January, the comments show that the Open Banking community must work harder to promote benefits, help overcome security, privacy and exclusion fears and most importantly earn the trust of an unwilling general public.
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Ethereum Founder Warns of ICO Scams

Fortune sought out members of Othor for a comment for this story, but was unable to find any contact information. This particular hustle is just the latest example suspicious activity tied to an ICO, which involve companies selling digital tokens on the Internet. While the tokens have real world value in the
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Blockchain, the Bard and Building More Inclusion for Banking

The raft of new banking regulations following the financial crisis closed off many avenues to overly risky or illicit activities in order to create more transparency. But they also had the unintended consequence of shrinking financing options for some deserving regions, business sectors, individuals and
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Insider Buying: Croda International Plc (CRDA) Insider Buys 4 Shares of Stock

Croda International Plc (LON:CRDA) insider Tom Brophy purchased 4 shares of the stock in a transaction dated Monday, December 11th. The stock was bought at an average cost of GBX 4,261 ($56.97) per share, with a total value of £170.44 ($227.89). Croda International Plc (LON CRDA) traded up
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Mortgage rates drop to start the new year

Mortgage rates drop to start the new year

4, down from last week when it averaged 3.99%, according to Freddie Mac. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.2%. “Treasury yields fell from a week ago, helping to drive mortgage rates down to start the year. The 30-year fixed-rate mortgage fell 4 basis points from a week
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Meet Marcus Goodwin, the Real Estate Professional Running for DC Council

This week, City Paper sat down with Goodwin, an associate at Shaw-based real estate firm Four Points and a Ward 4 homeowner. City Paper: Why are you running for D.C. Council and specifically this seat? Goodwin: With eight kids in my family, we're really from and about all eight wards. I can talk to all
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Perception Of Real Estate Agent Integrity Improving But Still Low

In fact, according to the National Association Of Realtors' 2016 Profile Of Home Buyers And Sellers, 21% of home buyers and sellers listed honesty and trustworthiness as the most important factor in choosing a real estate agent. That was higher than any other factor listed for home buyers and it was the
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'Facebook Has a Lot of Work to Do.' Mark Zuckerberg's Personal Challenge for 2018 Is Fixing His …

Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during the Oculus Connect 4 product launch event in San Jose, California, U.S., on Wednesday, Oct. 11, 2017. Bloomberg Bloomberg via Getty Images. By Mahita Gajanan. 11:53 AM EST. Mark Zuckerberg's personal goal for
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Hogan Real Estate Acquires Central KY Shopping Center

Hogan Real Estate has acquired the Starlite Shopping Center in Elizabethtown, Ky. The seller, Sun Life Assurance Co. of Canada, sold the property for $13.3 million, according to Hardin County records. Hogan financed its acquisition with an $11.4 million, nine-year mortgage held by WesBanco Bank.
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AV Homes and loanDeport Partner in New Mortgage Venture

… the highest levels of customer service to support their needs,” said Roger A. Cregg, President and Chief Executive Officer of AV Homes. “The AVH Mortgage venture demonstrates our ability to leverage our growing business to efficiently provide value added benefits to our customers and shareholders.
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Ulster Bank customers who are deaf to be offered sign-language interpretation

On the move, Sean Murphy, managing director of personal banking at Ulster Bank, said: “We believe that this will provide meaningful help for our deaf customers, and we're proud to respond to their needs. “Through initiatives like this, as well as Dementia Friendly accreditation for over 100 staff, and a
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JC Penney Shows Signs of Life During the Holidays

The department store chain reported on Thursday that comparable sales in November and December, the most important time of year for the retailer, rose 3.4%, well above Wall Street forecasts and a dramatic improvement over its 2016 holiday season performance, when business declined. Penney
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Marlboro Maker Philip Morris Says It Wants to Quit Cigarettes. Anti-Smoking Advocates Are Skeptical

Philip Morris International (PMI), the Big Tobacco giant behind popular brand name cigarettes like Marlboro and Parliament has made what it calls a “dramatic decision”—to eventually stop selling cigarettes altogether in order to achieve a “smoke-free” future. Dramatic, indeed! And the company's newly
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Housing Task Force will examine all aspects of community in its work

I've had a lot of people who are building spec homes come talk to me and say, 'I just wanted you to know what we're working on here.'” Industrial and commercial growth has been promising over the last few years and should lead to higher demand in the local housing market. “A component of this may
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Here are the 917 local real-estate deals that were worth at least $100K last month

A total of 917 Erie County real-estate transactions carried six-figure price tags — $100,000 or more — in December. You'll see them below, as listed in a new report from the Erie County Clerk's Office. All of last month's transactions valued at $100,000 or more are included, ranked in order of sale price.
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Former Texas title company owner gets 10 years for stealing from her own company

The story all began about nearly two years ago when the Texas Department of Insurance seized Millennium Title after the company's founder, Nancy Carroll, disappeared amid reports that millions of dollars were missing from the company's accounts. Carroll, who is also known as Nancy Jackson Spinks,
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What to expect in 2018's Birmingham real estate scene

“After a record-breaking 2017 in the Birmingham residential real estate market, I'm even more excited about 2018,” Williams said. “Buyers are (more) eager to purchase homes than in years past. In fact, for a few years, there was a growing trend of people who considered home buying a burden and
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State Governments Are Already Gaming the Republican Tax Overhaul

Before the ink was dry on the Republican tax bill signed into law late last month, experts predicted that state governments would try to shield their residents from tax hikes they'll suffer from a sharp reduction in state and local deductions. It didn't take long. New York Governor Andrew Cuomo on Tuesday
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Why Mobile Banking Will Replace Bank Branches

Technology is disrupting the banking industry in several ways. For instance, customers today interact with their banks via mobile devices more often than they visit a bank branch. Jay Sidhu, chairman and CEO of Customers Bank and BankMobile, believes that within five years mobile banking will
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Why Wall Street Is Less Than Impressed By Sprint's Latest Change

Since Sprint's long-hoped-for merger with T-Mobile fell apart in November, the country's fourth-largest wireless carrier has been getting a makeover. But investors aren't convinced that the new strategy will do much for Sprint's stock price, which has shed more than one-quarter of its value over the past
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Retail lending stock lower in November

Revaluations, which include sales of non-performing loans, reduced the retail lending stock by almost HUF 28 bln during the month. Households were net borrowers of a little more than HUF 1 bln in forint loans and repaid almost HUF 1 bln of their FX loans. FX loans make up less than 1% of the total
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New Android malware targets mobile banking apps, disguised as Flash Player

That's one reason attributed to the delayed adoption of credit cards and internet banking in India. However, despite consumer fears and concerns, the Indian market seems to have overcome initial hurdles. According to online security company QuickHeal, there's a new threat that masks itself as Flash
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Shareholder Value and Smart Acquisitions Are Priorities for This Health Care CEO

Speaking with Fortune, Almeida says he is ready to do more acquisitions this year and he's interested in “any company that is within our area of business.” Baxter is best known for its machines to treat kidney disease and for making intravenous products used in delivering drugs to patients. Based in
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Real estate company growing to serve more in metro area

Local broker/owners Lance Rhoades of RE/MAX Centerstone and Monika Mueller of RE/MAX Metro have announced the merger of their individual brokerages, growing one of the most-respected mid-size real estate companies in central Indiana. The company's more than 60 agents will serve buyers
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Real Estate Made Easy with Jordan Baris, Inc. Realtors

Real Estate Made Easy with Jordan Baris, Inc. Realtors

It is common for Realtors or real estate website visitors to set up email alerts for properties meeting criteria to be sent as matching properties hit the market. What is not common is for the email alert system to have intelligence, logic, flexibility and fun built-in along with chatting functionality. At Jordan Baris
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Jeff Sessions' Reversal of Obama-era Marijuana Policy Threatens Legalized Sales

Attorney General Jeff Sessions has said he will rescind the federal policy that takes a hands off approach to states' legalized marijuana, the Associated Press reported Thursday. Instead Sessions will allow federal prosecutors in areas where the substance is legal to decide how aggressively to enforce
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Antisense and Sensibility: Why RNA Is the New DNA

The gene-silencing strategy, in the form of RNA interference, has also showed promise against an uncommon neurodegenerative disease called hereditary ATTR amyloidosis, as my colleague Sy Mukherjee wrote about in Fortune's year-end Investor's Guide. Alnylam Pharmaceuticals, based in
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walter weaver mortgage advisor

Walter Weaver is a BECU Home Mortgage Advisor withover 15 years of experience in the mortgage industry.
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A fight over the credit score lenders use for your mortgage The Wall Street Journal

Rich Pedroncelli/Associated Press Banks and rival lenders are butting heads over the credit scores used to decide millions of mortgage requests by U.S. home buyers. Now, a federal agency is weighing whether to step into the fight, which revolves around a longtime requirement for lenders who sell
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Fannie and Freddie investors are now at the mercy of Congress

Hedge funds that own billions worth of preferred shares in Fannie Mae and Freddie Mac are keeping an anxious eye on Washington, D.C. as Congress works on a draft bill to determine the future of the two mortgage giants. The draft Senate bill, authored by Bob Corker and Mark Warner, would put the
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The Rise of the Single-Family Rental

based John Burns Real Estate Consulting. “They'll offer to take down 10% to 15% of the community right away, maybe at the end of the community or in an area where the builder already has some spec inventory built. The investor can take down 50 homes in one fell swoop, and the builder can move on
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Maine and 48 other states reach $45M settlement with mortgage lender

Maine Attorney General Janet Mills announced that Maine and 48 other states, the District of Columbia and more than 45 state mortgage regulators have reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corp. over alleged improperly serviced
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Lenders Now Taking Bitcoin As Collateral

While some other startups are nibbling around the edges of cryptocurrency financial services, the Austin, Texas-based firm has been lending to a pilot group “quietly” for the past year. In the fourth quarter it officially opened up lending to the public. Unchained Capital is backed by private capital providers
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Freddie Mac: Interest rates drop at start of 2018

“With the FOMC minutes showing continued support for gradual increases in policy rates from many participants and inflation rates remaining low, there isn't much upward pressure on long-term rates at the moment,” said Len Kiefer, Freddie Mac deputy chief economist. “Whether that changes due to a
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SteelHouse Abstract announces CEO

One of the investors and co-founders of SteelHouse Abstract in Allentown, Pa. will serve as the company's CEO. The CEO has been a licensed real estate professional for nearly 15 years and said he has expertise managing all aspects of the real estate transaction. Read on learn who will be CEO and
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FCC Chairman Ajit Pai Backs Out of a Planned Appearance at CES

Federal Communications Commission Commissioner Ajit Pai testifies before the Senate Judiciary Committee's Privacy, Technology and the Law Subcommittee. Photo credit: NICHOLAS KAMM AFP/Getty Images. By Chris Morris. 11:18 AM EST. Ajit Pai, the chairman of the Federal Communications
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Toronto Real Estate Board Blames Government For 18% Drop In Sales

Ontario's Fair Housing Plan, introduced in April, includes a 15-per-cent tax on non-resident purchases of homes, as well as expanded rent controls and a dozen other measures intended to cool what was, at the time, an overheating housing market in the Greater Golden Horseshoe region of Ontario,
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Record prices in Pilsen, McKinley Park

Though the Marshfield Avenue sale showed up on real estate listing sites in late December, the deal closed in late October, according to the Cook County recorder of Deeds. The Pilsen house, a four-bedroom, is the latest in a series of “green-built: houses, called +Plus Homes, from a builder called Cil
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LPC: Banks Reap Rewards From Record US Syndicated Lending

NEW YORK (Reuters) – Bank earnings from underwriting US syndicated loans leaped to an all-time high in 2017, propelled by an onslaught of deals locking in low interest rates as well as a late-year burst of announced mergers anticipating the biggest US tax system overhaul in more than 30 years.
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Global DMS Integrates With Black Knight's LoanSphere Exchange

Global DMS has announced that it has integrated with Black Knight's LoanSphere Exchange platform Global DMS has integrated with Black Knight's LoanSphere Exchange platform, an online, collaborative technology that connects more than 25,000 mortgage industry service and solution providers.
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Mortgage rates today, January 4, plus lock recommendations

Mortgage rates today have opened unchanged, again. The weekly Unemployment Claims report came in unexpectedly high at 250,000 new claims for benefits — 10,000 more claims than expected. That would normally be good for mortgage rates (less pressure on wages), but another report pretty much
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Towne Mortgage Company Adds New Jersey Lender

Team Barber has announced its transition into the Towne Family of Companies. Lead by CEO Andrew Smith, Towne Mortgage Company reached $1 billion in production in October of this year. Previously a subsidiary of Family First Funding LCC in Toms River, N.J., Vice President Anthony Barber made
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Mortgage Rates Take a Dip

The 30-year fixed-rate mortgage (FRM) averaged 3.95 percent for the week ending Jan. 4, down from last week when it averaged 3.99 percent. The 15-year FRM this week averaged 3.38 percent, down from last week when it averaged 3.44 percent. And the five-year Treasury-indexed hybrid
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London house prices dropped in 2017: This is how the experts reacted

London house prices fell last year for the first time since the financial crisis, and the capital was the worst performing UK region for property price growth for the first time in 13 years. House prices in the capital dropped by 0.5 per cent in 2017, according to the most recent Nationwide house price index,
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LendInvest hits £500m lending milestone in 2017

LendInvest hits £500m lending milestone in 2017

LendInvest funding to property investors, developers and landlords helped to buy, build or renovate almost 2,000 homes last year, according to the firm. The lender said its focus on developing tailored loan products helped bolster performance. Last year LendInvest added five new products to its loan
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Recommendation Trends of the Stocks: TransUnion (TRU), Apollo Commercial Real Estate …

TransUnion (TRU) shares dropped -0.22 percent and closed the day at $54.73. The company has its outstanding shares of 182900. The Relative Volume value measured for TransUnion stands at 0.84. A total of 1.2 Million shares exchanged at hands and its Average Volume is 1.43 Million. Its 52-week
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Nitesh Estates spikes 20% as Chinese firm eyes major stake in real estate company

Nitesh Estates shares were locked at 20 percent upper circuit at Rs 15.93 on the BSE Thursday after a media report indicated that Chinese company is eyeing major stake in the real estate firm. “Shanghai-based Fosun Group is in advanced discussions to invest Rs 800 crore (USD 125 million) in
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Social Media for Realtors in 2018: 3 Trends You Can Expect

And 2018 will likely be the year for widespread leverage. If you're not familiar with the feature, think of it as having a live video camera that lets you broadcast in real time no matter where you are. This feature has already become a mainstay for beauty vloggers and direct sales companies, but real estate
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Mortgage rates dip moderately in first week of the new year

Nearly a month after the Federal Reserve raised benchmark interest rates by 25 basis points, mortgage rates have remained stubbornly low, with 30-year fixed-rate mortgages dipping to 3.95 percent, according to Freddie Mac in its first Mortgage Market Survey of the new year. The slight 4 basis-point dip
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Mortgage rates stumble heading into the new year

A week after soaring to their highest levels in months, mortgage rates retreated to where they had been hovering for the past several weeks. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 3.95 percent with an average 0.5 point. (Points are fees paid
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Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of 6000000 Shares of …

PASADENA, Calif., Jan. 4, 2018 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today the pricing of its public offering of 6,000,000 shares of common stock at a price of $123.50 per share in connection with the forward sale agreements described below. The Company
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Why The Customer Journey In Banking Will Never Be 'Digital Only'

Many banks and credit unions would call that a failure because the online and mobile channels didn't deliver an entirely digital consumer journey. That's not entirely true. Banks and credit unions aren't measuring digital's impact correctly, according to the ForeSee. They contend that an “all-digital retail
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Mortgage Rates Drop

MCLEAN, VA–(Marketwired – Jan 4, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping to start the year. News Facts. 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average
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'The village is decimated': the high street where all the banks have shut down

In Wath-upon-Dearne, near Rotherham, the village's four bank branches have already shut and it has had a major impact on the local community. Locals traders are up in arms about the closure. Pictured outside a boarded up Yorkshire Bank branch are Cate Ward with fellow traders and locals. (Photo:
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GSEs wade into chattel financing

As part of a pilot program revealed last month, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac plan collectively to bankroll about $200 million in chattel loans backed by manufactured homes over two years, 2019 and 2020, a move that could lead to a more stable source of
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Why Investment Bankers Work for Free

Investment banking, I often like to say, operates as a sort of gift economy in which banks do lots of free favors for companies in the hopes of getting lucrative paying work from those companies later on. But this is a little different from the gift economies that anthropologists describe in traditional societies.
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Average 30-year mortgage rates slip to 3.95 percent

FILE – This Monday, July 10, 2017, file photo shows a house for sale in North Andover, Mass. On Thursday, Jan. 4, 2018, Freddie Mac reports on the week's average U.S. mortgage rates. FILE – This Monday, July 10, 2017, file photo shows a house for sale in North Andover, Mass. On Thursday, Jan.
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5 Long-Term Investing Opportunities You Can Bet on Now

outlined two dozen ways in which marriages, births, deaths, race, labor, and other demographic trends would impact the country. … Investing opportunity: The coming of age of millennials bodes well for the overall economy, but it's a particular boon for real estate, which has been gradually healing since
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Understanding Those Alarming Computer Chip Security Holes: 'Meltdown' and 'Spectre'

Google, whose security researcher Jann Horn of the Project Zero team (see this Fortune profile of that ace hacker squad from last year) discovered both flaws, first alerted Intel to the problem, giving the company a headstart on the process. Other independent discoverers of Meltdown included Werner
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Winter Storm Has Already Prompted Thousands of Canceled Flights—With More to Come

Winter weather is wreaking havoc on airline schedules. Nearly 3,900 flights have been cancelled for Thursday, with over 7,800 more delayed, according to FlightAware, a plane tracking website. That was as of 9:45 a.m. ET—and the number is climbing steadily. Worse still, it could be several days before
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Dear FM, how about selling a few good-for-nothing PSU banks?

PSU banks have a market share of close to 50 per cent in the overall bank lending. This is high. SBI and its associates account for over 20 per cent of overall lending. The size of several PSU banks is no longer meaningful, given the rapid growth of financial sector players in the country. There has been a
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Marijuana ETF Looks to Light it up in 2018

The marijuana investing theme has finally made its way to a US-listed exchange traded fund. As of December 26, the ETF Managers Group revamped the Tierra XP Latin America Real Estate ETF (NYSEArca: LARE) and turned it into the ETFMG Alternative Harvest ETF (NYSEArca: MJX), which comes
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Is Lloyds among the banks to buy in 2018?

Through the fog of Brexit and uncertain UK outlook, some much-needed cheer emerged for our army of Lloyds Banking Group (LLOY) investors today. The new year fillip came courtesy of UBS, whose European banking analysts think there's a potential 26% upside in the Lloyds share price, fuelled by
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Pasadena Real Estate: A Welcome Home In Friendswood

WOW House: This home has everything that today's savvy buyers are looking for in an amazing Friendswood home. By Bryan Kirk, Patch Staff | Jan 4, 2018 8:10 am ET. 0. Previous. Pasadena Real Estate: A Welcome Home In Friendswood-4; Pasadena Real Estate: A Welcome Home In Friendswood-0
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'Nano' public housing units being sold at record high prices

'Nano' public housing units being sold at record high prices

Tiny public housing units in Hong Kong, commonly being called “nano flats”, some smaller than car a parking space, are selling like hot cakes and at record high prices, as the city continues to struggle to create enough affordable housing. And agents warn prices are set to rise even higher, due to limited
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2018 forecast: Will the housing market crash by year's end?

Loewen says that most borrowers will be stuck in the private channel, and will have to walk away from their homes. The resulting supply surge in tandem with diminished demand—the result of a reduction in buying power, estimated to be around 20%—will bring the housing market crashing down.
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How Underground Rap Legend Blueprint Expanded Into Real Estate, Podcasting, and the Film World

Since 2005, he has ventured into real estate, blogging, podcasting, music theory, cinematography, social media promotion, releasing books, and now shooting and screening his first film King No Crown. Gearing up for the DVD release of the film after touring the movie for his fans in music venues and
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Consumer Underwriter

Apply for Consumer Underwriter job with Zions Bank in West Valley City, Utah. Lending at Zions Bank.
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2018 Top Mortgage Banking Firms

The 2018 CPE-MHN Top Mortgage Banking Firms survey once again featured a mix of diversified real estate companies and dedicated lending institutions, as CBRE, Walker & Dunlop, JLL, KeyBank Real Estate Capital and Berkadia Commercial Mortgage took the top five spots in our rankings.
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Google Paid Female Teachers Less Than Men, New Lawsuit Claims

A newly filed lawsuit alleges that Google paid female teachers in its childcare center less than men. The newest iteration of a gender pay gap lawsuit against the search giant, filed on Wednesday, claims that of 150 pre-school teachers employed at Google's children's center, only three were men.
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Takeaways From Real Estate Tech In 2017

For the real estate tech sector, 2017 was immensely fruitful and continued the upward trajectory of investments and new technologies. While the final numbers aren't in yet, the total dollar amount invested in the sector is expected to reach record numbers, topping the previous year by 25% and reaching
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Term Sheet — Thursday, January 4

FIRM NEWS: Term Sheet has learned that Arena Ventures, the Los Angeles-based early-stage venture capital firm, is pausing seed investing “until the seed market corrects.” Arena managing partner Paige Craig sent out a private letter to LPs laying out concerns about the seed market — overvalued
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Great opportunity in the Real Estate business

Boutique real estate firm with 20 years experience is looking to hire highly motivated licensed and unlicensed individuals who are eager to succeed and be a part of this booming market! *No…
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AT&T Plans to Offer Mobile 5G Wireless Phone Service This Year

AT&T Inc. aims to be the first U.S. carrier to provide fifth-generation, or 5G mobile service to phone customers this year, pitting the wireless giant against Verizon Communications Inc. and T-Mobile US Inc. in a costly network upgrade race to spur revenue growth. Unlike current trials using 5G technology
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Mortgage Bond Market May Get a Boost From New Canadian Policies

“Otherwise there will be no financing available for mortgages.” There are some headwinds though. Investors became cautious with housing market debt last year after regulators said one mortgage lending company, Home Capital Group Inc., failed to properly disclose possible mortgage application fraud
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Fidelity National Financial, Inc. (FNF) EPS Estimated At $0.60; Macatawa Bank (MCBC) Has 2.31 …

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries in the United States. The company has market cap of $10.88 billion. It offers title insurance, escrow, and other title related services,
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Exclusive: Arena Ventures Is Taking a Hiatus

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. Term Sheet has learned that Arena Ventures, the Los Angeles-based early-stage venture capital firm, is pausing seed investing “until the seed market corrects.” Arena managing partner Paige Craig
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Treasury clarifies whether P2P lending constitutes deposit-taking

HMT Treasury has passed an order confirming that straight-forward peer-to-peer lending does not constitute deposit-taking. … relates to the now-infamous “Dear CEO” letter, sent in March 2017, in which the FCA effectively ordered P2P platforms to cease and desist with all wholesale lending activities.
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No, Iceland Hasn't Solved the Gender Pay Gap

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: Mike Nizza at mnizza3@bloomberg.net. Before it's here, it's on
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Debenhams Profit Warning Clouds UK Retailers' Christmas

Debenhams Plc plunged the most on record after the department store owner's holiday sales fell flat despite aggressive markdowns, as a shift to online shopping weeds out losers from winners in the U.K.'s brutally competitive retail market. The shares fell as much as 24 percent when the London-based
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Commodities Are on Their Longest Winning Streak in History

Commodities are forging a record-setting run of gains that straddles the end of 2017 and the start of the new year as crude oil notches multiyear highs and investors bet that booming global manufacturing output will help to sustain rising demand for raw materials. The Bloomberg Commodity Index, which
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Millennials pay less for homes in Dayton

Dayton is small by comparison, and those large markets have strong economies and job growth as well as many amenities and attractions that are scarce in smaller Rust Belt cities. But millennials are a large and important part of the housing market, especially considering they are now more numerous
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Protests in Iran Put Rouhani on the Spot

“If there is a kind of scapegoat to Iran's economic problems post the nuclear deal, it would be the U.S. administration,” Jean-Paul Pigat, Dubai-based head of research at Lighthouse Research, told Bloomberg Television. “Donald Trump continues to threaten to renegotiate the nuclear deal. That does not
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London was the worst area of the UK property market for the first time since 2004 last year

Nationwide: London was the worst area in the UK property in 2017. Average prices fell by 0.5% in the capital, compared to growth of 2.6% nationally. West Midlands was the fastest-growing property hotspot, with prices climbing by 5.2%. Nationwide forecasts UK house price growth of just 1% in 2018.
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Nintendo Switch Sets All Time Sales Record

Nintendo Switch Sets All Time Sales Record

… gamer who doesn't want to stop playing Mario or Zelda, or whether it's a child experiencing these franchises for the very first time, we believe the value proposition as well as the compelling content is what's fueling our momentum,” Reggie Fils-Aime, president of Nintendo of America, told Fortune.
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Colliers International Acquires Leading Real Estate Management Services Firm in the Nordics

TORONTO, Jan. 04, 2018 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ:CIGI) and (TSX:CIGI), a global leader in commercial real estate services, today announced the acquisition of Ovenia Group (“Ovenia” or the “Company”), Finland's leading real estate management and service
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Will Positive Housing Market Aid KB Home's (KBH) Q4 Earnings?

Also, the company surpassed estimates in each of the trailing four quarters, with an average positive beat of 12.7%. KB Home is well poised to gain traction on the current positive housing scenario. The momentum is expected to continue in 2018, courtesy of an improving economy, modest wage growth,
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BCCL invests in online lending firm FinReq

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has acquired a stake in a Mumbai-based online lending firm FinReq, a company statement said. The company declined to divulge the amount raised. FinReq will use the funds for expansion, marketing and tie-ups, Bhavik Mehta, founder
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Housing boom is over, but prices should limp along

Outsized gains in Sydney and Melbourne are a thing of the past for house prices, as economists agree the boom is over, but dispute the direction of the housing market in 2018. Australia's housing market has risen strongly since 2013, with capital cities' prices rising about 22 per cent over five years.
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China's Ant Financial May Re-Think Global Ambitions After MoneyGram Deal Fails

Ant Financial may have to re-tool its global ambitions after stiff U.S. opposition scuppered what would have been its largest overseas acquisition. The Chinese financial services giant controlled by Alibaba co-founder Jack Ma abandoned a plan to buy MoneyGram International Inc. after failing to win
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Denver Is Getting Cheaper…Sort Of.

The high cost of housing in this city was a hot topic in 2017, but Denver is now the eighteenth most expensive real estate market in the country, down two places from sixteenth in December, according to Zumper. Prices for one-bedroom residences fell by nearly 3 percent, to $1,370, while two-bedrooms
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The Impact Of Wildfires On The Future Of California Real Estate

My profession involves studying the impact of detrimental conditions on real estate. Throughout my career, I have had the opportunity to study many wildfires and how they impact real estate. Every wildfire is unique and so is its impact on individual properties. Properties may be completely burned,
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Lending Club (LC) PT Lowered to $4.75 at Citi Following Recent Guidance and Tax Reform

Citi lowered its price target on Lending Club (NYSE: LC) to $4.75 (from $5.25) while maintaining a Neutral rating following new guidance provided by management at its recent Investor Day and the U.S. corporate tax reform. Citi adjusted near-term EBITDA margin trends based on the new company
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Southlake Woman Gets 10 Years For Ponzi Scheme

FORT WORTH (1080 KRLD/AP) — The former owner of a North Texas title company who stole millions from customers and referred to herself as the “Millennium Mobster” has been sentenced to 10 years in prison. A judge in Tarrant County also has ordered 46-year-old Nancy Spinks, also known as
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3 Social Security Mistakes That Could Cost You a Fortune

More than one-third of Americans expect their Social Security benefits to provide a major source of retirement income, according to Gallup. Unfortunately, with average benefits of just $1,404 as of 2018, relying on Social Security won't leave you much cash. This is especially true if you don't know how
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United Kingdom Net Lending to Individuals (MoM) in line with expectations

The post United Kingdom Net Lending to Individuals (MoM) in line with expectations (£4.9B) in November appeared first on CIX Markets. Please be aware that City Credit Capital (UK) Limited, its subsidiaries and Group companies do not conduct any relationship with London Cape Equities or any
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Garmin® signs as title sponsor for fishing pro Jason Christie

BUSINESS WIRE)–Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced its title sponsorship of professional Bassmaster Elite series angler and longtime Garmin pro, Jason Christie. Three-time Elite Series champion and winner of two Bassmaster Opens and 10 FLW
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FlexPower's IntelliCash Online Lending Platform Update January 4, 2018

We've been hard at work creating an entirely new online lending platform from the ground up, all while ensuring that both our physical and digital infrastructure is in place to increase the value of collateralized loans processed by us in 2018. Our philosophy has remained the same throughout our journey
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What's next for the Western Australia housing market?

Iacomella pointed out that weak population growth may prove to be a downside risk to the market. “The most recent annual increase in WA's population was just 20,000 people, well down on the boom peak of 85,000 additional people each year and the historic annual growth rate for WA of 45,000.”
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Magnitude 4.5 Earthquake Detected Near San Francisco

An earthquake was detected at 2:39 am PST in the San Francisco Bay Area, according to European-Mediterranean Seismological Center, Bloomberg News reports. The U.S. Geological Survey says the quake's epicenter was 2 miles (3 kilometers) from Berkeley, Calif. The earthquake had a preliminary
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Thousands in Arizona could get money from $45M settlement over bad foreclosure practices

More than 2,000 Arizona families are eligible for part of a $45 million settlement with PHH Mortgage Corp. for its handling of mortgage payments and foreclosure aid during the housing crash. Forty-eight states, including Arizona, reached a settlement with the New Jersey-based mortgage lender and
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UK Mortgage Approvals, House Prices Point to Subdued Market

Britain's housing market has been losing steam thanks to a combination of high prices and diminishing consumer confidence. Household budgets were squeezed in 2017 by a surge in inflation triggered by a steep fall in the pound after 2016's vote to leave the European Union. Forecasters including the
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kristine connelly mortgage advisor

Kristine Connelly is a BECU Home Mortgage Advisor with over 23 years of experience in the mortgage industry.
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Morning Scan Jack Ma fails again; mortgage lenders in credit score fight

Struck out: The U.S. remains “an elusive market” for Alibaba founder Jack Ma, whose bid to combine the Chinese company's Ant Financial payments unit with Dallas-based MoneyGram International was vetoed Tuesday by government regulators. The rejection was “the latest in a string of setbacks for the
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Consumer lending growth nears two-year low

Consumer lending growth nears two-year low

THE ANNUAL growth rate of consumer lending slowed to 9.1 per cent in November 2017 – the lowest rate since December 2015. The figures from the Bank of England reveal the rate of consumer credit has been falling gradually since peaking at 10.9 per cent in November 2016. Borrowing slowed to 9.6
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CMS and Gateley take new spots on enlarged Metro Bank lending and securities panel

CMS and Gateley are among nine new firms to have won places on Metro Bank's lending and securities panel. The firms join alongside incumbents Blake Morgan, Eversheds Sutherland, Dentons and Howard Kennedy. Other new additions include Bates Wells Braithwaite and Charles Russell
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LendInvest financed 1800 homes with £500m of lending in 2017

Specialist property lender LendInvest lent £500m to help professional property investors, developers and landlords buy, build or renovate c.1800 homes during 2017. This marks a 33% increase on the previous year's £375m lending record. Christian Faes, co-founder and chief executive at LendInvest,
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Toronto Home Prices Fall for Seventh Month as Lending Tightens

… adding that a foreign buyer tax had a psychological impact on the marketplace even though foreign home buying wasn't a major driver of sales in Toronto. “Looking forward, government policy could continue to influence consumer behavior in 2018, as changes to federal mortgage lending guidelines
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Oaktree Specialty Lending (NASDAQ:OCSL) Stock Rating Reaffirmed by Maxim Group

Oaktree Specialty Lending logo Oaktree Specialty Lending (NASDAQ:OCSL)'s stock had its “hold” rating reissued by analysts at Maxim Group in a research note issued on Tuesday, December 26th. Several other equities research analysts have also commented on OCSL. TheStreet raised shares of
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Mortgage approvals halt decline in November – BoE

The number of mortgage approvals for house buyers bounced back during November after falling to its lowest level for over a year in October, according to Bank of England figures. Analysts feared that four consecutive months of declines in the number of mortgage approvals for house purchases were a
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UK house prices grow more slowly in 2017, fall in London – Nationwide

Nationwide said it expected growth in British house prices to slow further to just 1 percent in 2018. Britain's housing market has weakened since the country voted in 2016 to leave the European Union. A fall in the value of the pound after the Brexit referendum pushed up inflation and added to pressure
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LendInvest's lending up 33% year-on-year

LendInvest lent £500 million to help professional property investors, developers and landlords buy, build or renovate around 1800 homes during 2017. This represents a 33% increase on the previous year's £375 million lending record. LendInvest has now lent a total of over £1.2 billion to property
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Homing in on problems in the housing market

THE housing market in England is broken. Enough houses, in the right places, have not been built under successive governments over many decades. But thanks to the policies pursued by this Conservative government we are starting to see improvements. Last year, over 217,000 additional homes
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Online lending platform EarlySalary raises $15.7 mn in Series B round

Pune-based Social Worth Technologies Pvt. Ltd, which runs online lending platform EarlySalary, has raised Rs 100 crore ($15.7 million) in a Series B funding round led by Eight Roads Ventures India, a company statement said. Existing investors IDG Ventures India, Dewan Housing Finance Corp.
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eSecLending securities lending associate joins ICE

Former securities lending associate Thomas Fiorentino has stepped down from his role at eSecLending to become a client support specialist at Intercontinental Exchange (ICE). He will continue to be based in Bedford, Massachusetts. Fiorentino was at eSecLending for more than two years and was
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'Doom-mongers' WRONG: UK house prices continue growth with no 'Brexit plummet'

A rise of 2.6 percent has been revealed for 2017 compared with a 4.5 percent rise on 2016, according to the Nationwide House Price Index released today. The 1.9 percent drop between 2016 – 2017 increase rise points towards the rising pressure on household incomes, but housing industry experts
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Trump Steps Up Efforts to Check China Influence in Latin America

19 letter obtained by Bloomberg, U.S. Under Secretary for International Affairs David Malpass asked IDB President Luis Alberto Moreno why he had selected China to host the bank's 60th anniversary meeting next year. “I have serious reservations about the bank's process that led to that initial decision,
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Job Market Delivered for Trump in 2017, But 2018 May Be Tougher

The economy probably added 2.11 million jobs in 2017, including an estimated 190,000 workers in December, the median projection of economists surveyed by Bloomberg ahead of Labor Department data due Friday. That would exceed the roughly 1.98 million that analysts were forecasting before the
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Trump Versus Bannon May Spell Trouble for Republicans

The Treasury last month raised questions about Beijing's overtures to the Inter-American Development Bank, a multilateral lender that works to reduce poverty and inequality in Latin America and the Caribbean, in a letter to its president obtained by Bloomberg. It's the latest sign of an intensifying rivalry
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New MiFID II derivatives rules stalled in major markets

Several EU supervisory authorities are allowing a transitional arrangement for derivatives rules under MiFID II. The second Markets in Financial Instruments Directive/Regulation (MiFID II/R) went live on Wednesday but several major regulators were forced to allow significant reprives on derivatives rules.
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UK house price growth slows, according to Nationwide

Howard Archer, chief economic adviser to the EY Item Club, said the data supported other evidence that showed that the housing market was “currently muted and falling”. Mortgage approvals reached a 15-month low in November and the Royal Institution of Chartered Surveyors said that its members
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Mike Pompeo Is the Anti-Tillerson

The CIA chief and former Tea Party Republican from Kansas is everything Trump likes in an appointee—decisive, combative, and loyal. By. Nafeesa Syeed. @NafeesaSyeed More stories by Nafeesa Syeed. January 4, 2018, 1:00 AM PST. Pompeo testifying at his confirmation hearing as CIA director in
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LendInvest hits £500m annual lending milestone

This figure represents a 33% increase in lending on the £375m recorded in 2016 and means the company has now lent over £1.2bn in total to property investors and developers. The specialist property finance lender reported that it has focused on developing more tailored loan products, adding five
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More Aussies finish 2017 in mortgage stress

The number of Australians in mortgage stress was on the rise at the end of 2017, with mortgage holders in New South Wales at the greatest risk, … especially as household debt continues to climb to new record levels”, adding that growth of mortgage lending at three times the rate of income was “not
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Uber's big Chinese rival Didi is pumping money into Brazil

Uber's big Chinese rival Didi is pumping money into Brazil

Revving up its global rivalry with Uber, Chinese ride-hailing giant Didi Chuxing has announced it's buying Brazilian startup 99. The deal is worth about $600 … But the Brazilian deal reflects its push to become a major international player after driving Uber out of the Chinese market in 2016. The Chinese
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NEX Group ends 2017 with repo boost

Nex Group achieved a 23 percent increase to its EU repo activity in December, compared to the same time last year. EU repo activity reached $223.1 billion last month, up from $181.3 billion in December 2016. Nex Group's EU repo volume was down 7 percent from November, which stood at $240.4
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This is what happens when a community loses all of its bank branches

Dozens of bank branch closures are planned across Yorkshire next year, in Wath-upon-dearne near Rotherham, the village's four branches have already shut and it has had a major impact on the local community. Locals traders are up in arms about the closure. Pictured outside boarded up Yorkshire
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As Chaos and Despair Grow in Libya, Qaddafi Son Plans Comeback

The fugitive son and onetime heir apparent of Libya's late Muammar Qaddafi is planning a comeback. Seif al-Islam “decided to run in presidential elections and I see a big chance for him because all the big tribes are supporting him,” said Abdel Majeed al-Mansouri, who headed Libya's economic
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Bitcoin's Cheap Energy Feast Is Ending

The People's Bank of China outlined plans to limit power use by some bitcoin miners at a closed-door meeting Wednesday, people familiar with the matter told Bloomberg News. But the business model may already be under threat regardless of bank regulation, thanks to the way China's energy system
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UK Mortgage Approvals Little Changed as Interest Rates Rise

U.K. mortgage approvals were little changed in November and net lending was below its recent average, according to the Bank of England. Approvals were at 65,139 compared with 64,887 in October, the BOE said on Thursday. The figure was higher than economists had forecast. Net mortgage lending
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Motel 6 Sued for Sharing 'Latino-Sounding' Guest Names With ICE

Motel 6 is again facing allegations of aiding U.S. Immigration and Customs Enforcement in its crackdown against undocumented immigrants. Washington Attorney General Bob Ferguson accused the discount hotel chain in a lawsuit of violating state privacy and discrimination laws since 2015 by
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Cost of living squeeze dents UK house price growth

Nationwide said low mortgage rates, high employment rates and a shortage of properties on the market prevented a bigger slowdown in UK house price growth in 2017. The lender said the outlook for the housing market in the year ahead was uncertain and highly dependent on the outcome of Brexit
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CBA bond issue boosts Australian banks' funding options

Australia's biggest bank by market capitalisation attracted three times the amount it wanted to raise, a sign offshore investors are not too concerned about a money-laundering lawsuit against CBA and a looming government enquiry into the country's banking sector. “It's a strong result for the issuer given
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Willowdale Real Estate

Willowdale Real Estate. They are the standard areas that you just would consider while scanning for the proper house. You can get what you are looking for from MLS Listings Willowdale at kingshah.com or Willowdale Real Estate. Whether you intend to sell your home and want to get your desired
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Placing the Spotlight on Freddie Mac Var Pr B (FMCCI): Technical Stock Update

Shares of Freddie Mac Var Pr B (FMCCI) are on watch as they closed the most recent session above the Parabolic SAR line. The current level of the shares currently stands at 12.5000 at the time of writing. The main usage of the Parabolic SAR is for trailing stops and exit points. The principle of trading
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Metro Bank adds nine new firms to lending roster

Metro Bank has added nine new firms to its lending and securities panel after a period of rapid expansion in the business. Premium content. This article is only available to Premium subscribers of The Lawyer. A Premium subscription provides you with: Exclusive news / In-house interviews / Managing
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Where Pot Entrepreneurs Go When the Banks Just Say No

Five other small banks in the state also offer checking accounts to the industry and many more make occasional exceptions for companies owned by longtime customers, according to people who study and work in Colorado's marijuana industry. (They don't lend them money, though, because the federal
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Allahabad Bank declines 3% as RBI puts bank under PCA framework

Share price of Allahabad Bank slipped nearly 3 percent intraday Thursday as RBI has put the company under the PCA framework. Reserve Bank of India (RBI) has placed the bank under prompt corrective action (PCA) framework, consequent to the onsite inspection under the risk based supervision
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Bosch, Continental buy stakes in Here mapping company

Robert Bosch and Continental, two of the world's biggest automotive suppliers, are each buying a 5 pc stake in location and digital mapping specialist Here. The two German companies are buying their stakes from Here's main owners, premium car makers Audi, BMW and Daimler. The transactions are
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This Company Is Set to Become a Driving Force Behind Fully Autonomous Vehicles

Volkswagen, which has been working with Aurora for the past six months, aims to launch commercial fleets of self-driving electric vehicles in two to five cities beginning in 2021, VW Group's chief digital officer Johann Jungwirth told Fortune. These “mobility-as-a-service” fleets — a system VW Group is
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LendInvest hits £500 million lending milestone in 2017

Surpassing the £500 million milestone for annual lending was a great way to close off a fantastic year for the business. LendInvest has reported a £500 million lending total for 2017, a 33% increase on the previous year's £375 million lending record. LendInvest has now lent a total of over £1.2 billion to
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Great Western Bancorp Inc (GWB) Holdings Raised by American International Group Inc.

Great Western Bancorp logo American International Group Inc. raised its position in Great Western Bancorp Inc (NYSE:GWB) by 5.8% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 46,840 shares of the bank's stock after purchasing an additional
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FHFA Requests Input on GSE Credit Score Requirements; Releases 2018 Scorecard

On December 20, the Federal Housing Financial Agency (FHFA) announced a Request for Input (RFI) seeking feedback from interested parties regarding how Fannie Mae and Freddie Mac (the GSEs) should update their current credit score requirements. Specifically, the GSEs plan to stop using the
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Real Estate Perspective

Real Estate Perspective

Events. Emerging Trends in Real Estate is an annual series of trends and forecast publications that reflect the views of leading real estate executives in three global regions—the Americas, Europe, and the Asia Pacific region. Join ULI Colorado for our annual real estate forecast event on January 18,
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These are the 10 worst postcodes for mortgage stress in Queensland

IT HAS seen some big money spent on homes in the past year, but households in this Brisbane southside pocket are struggling to pay off equally big mortgages.
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International Paper Company (IP) Shares Sold by Green Square Capital LLC

California Public Employees Retirement System raised its position in shares of International Paper by 2.6% during the third quarter. California Public Employees Retirement System now owns 1,118,628 shares of the basic materials company's stock valued at $63,560,000 after buying an additional
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Intel, Microsoft Deal With Widespread Computer-Chip Weakness

The world's biggest chipmakers and software companies, including Intel Corp. and Microsoft Corp., are coming to grips with a vulnerability that leaves vast numbers of computers and smartphones susceptible to hacking and performance slowdowns. Google researchers recently discovered that a feature,
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This Could Be the Month of Reckoning for Trump's Trade Agenda

January 5, Talks to amend a five-year-old trade deal with South Korea take place in Washington. The U.S. wants Korea to provide more access for American cars and farm goods. Mid-January, U.S. Commerce must recommend whether to slap tariffs on steel and aluminum imports on national security
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UK lending to individuals stable in November

StockMarketWire.com – Secured net lending to individuals remained stable in November at £3.5bn, broadly in line with the average seen since 2016. … Lending to non-financial businesses weakened towards the end of the year, with the annual growth rate for all types of business falling to 1.7% in
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Fannie-Freddie Overhaul Might Mint Hedge Fund Riches, Or Losses

The lawmakers would also repeal the old firms' federal charters and forbid future entities from calling themselves Fannie Mae or Freddie Mac, a ritual sacrifice that could appease hard-line Republicans who've long wanted the companies eviscerated. Spokeswomen for Corker and Warner declined to
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House price growth slowed in 2017, says Nationwide

House price growth saw a modest slowdown in 2017, with London the weakest performing region, the Nationwide building society has said. According to its latest House Price Index, average prices have grown by 2.6% over the past 12 months, down from the 4.5% recorded in 2016 and 2015. In London
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How Real Estate Agents Should Prepare for New Year

The start of a new year is a wonderful time to get started on your best year in real estate ever! Learn these great tips for preparing for a great new year!
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Commentary: Why Kim Jong Un Will Fail at Breaking the US-South Korea Alliance

A man watches a television news broadcast showing North Korean leader Kim Jong-Un's New Year's speech, at a railway station in Seoul on January 1, 2018. Jung Yeon-Je—AFP/Getty Images. By Scott Snyder. January 3, 2018. At least for the moment, Kim Jong Un has shifted gears from
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Got any vintage Polly Pockets lying around? They're worth a FORTUNE

Top of the toy charts was the iconic Polly Pocket, which enraptured the minds of children while simultaneously being a bit of a choking hazard (times were different back then). While you may have paid a few bob for them back in the day, the toys are now racking up the big bucks on online resale sites.
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UK house price growth slows with London the weakest performing region

Nationwide now expects house price growth to be just 1 per cent in 2018, with subdued economic activity and the ongoing squeeze on household budgets exerting “a modest drag on housing market activity and house price growth”. “Over the longer term, once the economy regains momentum, we
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STEWART INFORMATION SERVICES CORPORATION (NYSE:STC) Files An 8-K Departure of …

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through three segments: title insurance and
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Hot housing market boosts Greater Trail property values

“One of the trends that we've also seen, is not a lot of properties are listed, so that generally has an impact on prices as well.” After a number of years of a flat-line market in Trail and in 2016, a sizable disparity in value between neighborhoods, Shah says the general increase is good news for everybody
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Wall Street banks top mergers and acquisition deal table

MUMBAI: Wall Street banks dominated the mergers and acquisition advisory league table in 2017, with Morgan Stanley topping the list while domestic heavyweights JM Financial and Arpwood Capital gained top place in terms of advisory fee collection as acquisition spree of foreign investors pushed
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Lloyds Bank closure will have severe impact on a growing Cullompton warns councillor

Concerns were raised at a December Scrutiny Committee meeting regarding November's announcement by Lloyd's Bank it would close. On November 30, customers received a letter saying that after a recent review of how customers use the branches in the Devon area, they have decided to close the
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Vancouver Island 2018 Property Assessment Notices in the Mail

Go to bcassessment.ca and use “Find your property assessment”. For more information on the 2018 Assessment Roll and regional and province-wide real estate market trends including lists of the province's top valued residential properties, please visit www.bcassessment.ca and click on the “Property
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NC Couple Loses Home, Money To Upstate Mortgage Company

Greenville, SC (WSPA) A North Carolina couple is out thousands of dollars after trying to buy a home through an Upstate mortgage company. Greenville-based Kingdom Connected Investments is accused of defrauding dozens of residents in North and South Carolina in a rent to own scheme.
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Fraser Valley 2018 Property Assessment Notices in the Mail

2, 2018 /CNW/ – In the next few days, owners of more than 485,000 properties throughout the Fraser Valley region can expect to receive their 2018 ….. For more information on the 2018 Assessment Roll and regional and province-wide real estate market trends including lists of the province's top valued
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Amazon, Salesforce Shifting Business Away From Oracle: Report

Amazon.com Inc. and Salesforce.com Inc., two of Oracle Corp.'s biggest customers, are actively working to replace Oracle software running on crucial business systems with lower cost open-source database software, the Information reported, citing people familiar with the discussions. The technology
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Peter Thiel's Founders Fund Goes Big on Bitcoin

Peter Thiel's Founders Fund Goes Big on Bitcoin

The PayPal co-founder and other Founders Fund partners bought $15 million to $20 million worth of the cryptocurrency that's now worth hundreds of millions of dollars, according to a Wall Street Journal report on Tuesday that cites unnamed sources. The report didn't say exactly when Thiel or his VC
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Bank of America's Shares Saw A Strong Performance In 2017, Even As Banking Sector …

The year 2017 was characterized by an upbeat equity market, with the strong economic outlook at the beginning of the year being supported by steady growth in corporate profits. While the Fed's decision to raise benchmark interest rates at regular intervals reinforced investor confidence, expectations of
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Vermont Leads Nation for Inbound Migration

Mortgage professionals on the hunt for new business may want to pay a lot more attention to Vermont and a lot less attention to Illinois, according to United Van Lines' 41st Annual National Movers Study, which tracks customers' state-to-state migration patterns over the past year. Vermont topped the list
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Celebration of Excellence Nomination Deadline is January 11, 2018

At Enterprise Bank we know what it is like to dedicate oneself to achieving a dream. For nearly 30 years, we have witnessed the amazing results attained by people who are determined to create success, no matter what. These people are not seeking recognition, nor do they need to receive awards.
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NMI Holdings Inc (NMIH) Stake Maintained by Clough Capital Partners LP

Clough Capital Partners L P held its position in NMI Holdings Inc (NASDAQ:NMIH) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 120,300 shares of the company's stock at the end of the fourth quarter. Clough Capital Partners L P owned about 0.20% of NMI
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Amidst Building Boom, Seattle Pledges Record $100 Million on Affordable Housing

The median home price in the city is now around $720,000, a 13.5 percent increase over the previous year (and 20 percent more than the previous record before the 2008 market crash). Apartment rents have climbed more than 57 percent in the past 6 years, as Seattle sees the fastest population growth
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The Disturbing Details of Silicon Valley's Underground Sex Party Scene

Women trying to break into the bro-centric world of Silicon Valley apparently must also navigate another minefield: invitations to exclusive, drug-fueled sex parties attended by some of the tech industry's most powerful men. And it isn't once-in-blue-moon thing, either. These parties are a regularly tech
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Procore and Plans4Less.com Partner to Keep Construction Companies Literally On the Same Page

Now small contractors, engineers, architects and real estate people can not only use Procore software to seamlessly access construction plans sent from anywhere to anywhere, but also get Plans4Less' integration for the lowest document printing prices and fastest turnaround possible. In addition, they
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Banks Marked Year Of Expansion, Mergers

In March, Pittsburgh, Pennsylvania- based FNB CORP. completed its $1.4 billion merger with YADKIN BANK, changing the systems and signage for seven Yadkin branches in the Wilmington market. By acquiring Raleigh-based Yadkin Bank FNB gained Yadkin's roughly $7.5 billion in total assets, $5.3
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Steimer Says: Six CRE projects to watch in 2018

Heading into 2018, there are five development projects I have my eye on to indicate whether Memphis' real estate momentum will continue. The projects are ones I expect to be writing about multiple times in 2018. Each has the potential to make a major impact on its respective area of the city, and each
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House prices rise by 2% in Leitrim

Commenting on the figures, Ronan Lyons, economist at Trinity College Dublin and author of the Daft.ie Report, said: “The main feature of the property market in 2017 was just how different the second half was from the first. The first half of the year saw prices jump by 9% in six months, as the relaxation of
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People In Business: Jennifer Plassmann of North Brookfield Savings Bank

NORTH BROOKFIELD – North Brookfield Savings Bank (NBSB) is pleased to announce the recent promotion of Jennifer Plassmann to the role of Branch Manager. “Jennifer's promotion is very well-deserved. She has proven herself to be a very valuable asset to the community and customers of Palmer,
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Canada rings in the new year with new mortgage rules

VANCOUVER (NEWS 1130) – Getting a mortgage in Canada just became a little harder, and the new year also rang in a new stress test for potential home buyers. Borrowers with an uninsured down payment of 20 per cent or more must now prove they could afford a rate hike of two percentage points,
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Can Homebuyers Afford a Mortgage in These Cities?

GoBankingRates used the median home listing price in the 100 biggest cities across the U.S. to figure the monthly mortgage payment. Using the rule of thumb that no more than 30 percent of income should go toward housing, they calculated the income needed to afford a mortgage in those cities and
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Banks Continue Post-Tax Reform Wage Increases, Community Investments

Minneapolis-based U.S. Bancorp today announced a $1,000 bonus for nearly 60,000 employees, a new minimum wage of $15 per hour for all hourly employees and a $150 million contribution to the U.S. Bank Foundation. The company also said it would enhance employee health insurance offerings
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Fannie Mae close to deal for another major DC-area consolidation

Fannie Mae is in talks to shift its Northern Virginia operations to one of a handful of prospective locations, including one near the planned Reston Town Center Metro station, according to sources familiar with the search. The financial services company leases space in Herndon and Reston and has
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Roman Reigns Remains WWE Raw's Driving Force as Intercontinental Champion

Dean Ambrose's injury has derailed the company's plans for The Shield reunion. Brock Lesnar's part-time schedule has kept the Universal Championship from being Raw's actual top title. To combat both situations, WWE has turned to Reigns, asking him to be the red brand's de facto No. 1 champ.
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Hatch retirement paves way for makeover atop banking panel

If he intends to put his hat in the ring for chairmanship of the Finance Committee next year, that could further motivate him and other members to try to move quickly on reforming Fannie Mae and Freddie Mac. Other key GOP players in housing finance reform discussions include Corker and House
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Roanoke's real estate assessments surge, but other revenue sources lag

While the real estate tax increase should produce a net revenue increase for the city of $2.46 million, some of that gain will be offset by a projected $500,000 decrease in personal property tax revenue and flat business license taxes. Only modest gains of 1.5 percent are expected in sales and meals
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Eugene real-estate tech firm IDX buys California real-estate marketing firm for $6 million

Eugene real estate tech firm IDX LLC bought a California real estate marketing firm for $6 million and will add 17 employees, for a total workforce of 72, the companies announced Tuesday. IDX bought Agent Marketing LLC, formerly known as eProperty Sites, which is based in Aliso Viejo, Calif.
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