Exclusive: Metropolitan Bank Halts International Cryptocurrency-Related Wire Transfers

Exclusive: Metropolitan Bank Halts International Cryptocurrency-Related Wire Transfers

Metropolitan Bank Holding Corp, which is used by cryptocurrency companies and investment firms for wire transfers and deposits, has ceased all cryptocurrency-related international wires effective immediately, Fortune has learned. A Metropolitan customer confirmed to Fortune that his investment firm
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Fort Collins affordable housing buildings get serious makeover

The renovations are being funded in part by an $18.2 million Freddie Mac tax exempt loan provided by New York-based Hunt Mortgage Group. Support also was provided by RBC Capital Markets, JPMorgan Chase, the U.S. Department of Housing and Urban Development, city of Fort Collins, Colorado
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Swiss bank Vontobel adds 'exciting' to job description

Uncontroversial, conservative, even dull: one of Zurich's largest banks wants to overhaul the characteristics traditionally associated with Switzerland's financial services industry. Zeno Staub, chief executive of Vontobel, has ordered a rewrite of the bank's job adverts to attract “people that have an opinion,
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Real Estate Appreciation Attracts Specialty Investors

Real estate is getting more expensive as values steadily increase nationwide. And that makes investment in real-estate more appealing to some. One Valley-based business is banking on further appreciation. Phoenix-based Healthcare Trust of America is the nation's largest owner-operator of medical
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Biglari Capital Stake in Investors Title Co (ITIC) Decreased by $1.66 Million as Shares Rose …

Diversified Trust Co increased its stake in Oracle Corp (ORCL) by 512.53% based on its latest 2017Q3 regulatory filing with the SEC. Diversified Trust Co bought 43,145 shares as the company's stock rose 5.35% with the market. The institutional investor held 51,563 shares of the prepackaged software
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Banking: A legacy of serving the community

In my opinion, banks cannot be too far from the everyday experiences of their customers, and especially the events that define their lives. From helping them buy their first car, facilitating the purchase of their home and providing the means for a quality education to supporting them to scale up their
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Morocco Will 'Soon' Tender for $4.6 Billion Natural Gas Project

Morocco, which depends on imports for almost all of its energy needs, will soon tender for companies to build a $4.6 billion natural gas project, Energy Minister Aziz Rabbah said. The project will process gas for power and provide gas to industry, Rabbah said Sunday in an interview in Abu Dhabi.
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HSBC's Amy and other soon to be released AI chatbots are about to change the way we bank

The move came as the city's banking regulator, Hong Kong Monetary Authority (HKMA), launched a number of measures over the past two years to encourage local lenders to develop financial technology. Banks are encouraged to develop innovative products or technology to cut down operating costs
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Zuckerberg lost $3.3 billion after announcing major changes to Facebook news feed

Facebook chief executive officer Mark Zuckerberg announced major changes to his social media empire this week that caused stocks — and his fortune — to tumble, Bloomberg news reported. Zuckerberg lost $3.3 billion Friday after he said content from family and friends, and not media outlets and
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Liberia Ruling Party Expels Outgoing President Sirleaf, AP Says

Liberia's ruling party expelled outgoing President Ellen Johnson Sirleaf, saying she violated the party's rules by not supporting her vice president in last month's election, Associated Press reported, citing a party official. The Unity Party accuses Johnson Sirleaf of sending people to campaign against the
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Open banking: The money revolution nobody knows about

It's called Open Banking and it's driven by a new EU directive and new UK competition rules. Changes taking effect this weekend mean that banks will have to share financial data such as transaction history and spending patterns with other (regulated) third-party providers if the account holder requests it
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$0.80 EPS Expected for Fortune Brands Home & Security, Inc. (FBHS); AAK AB (ARHUF) Shorts …

Analysts expect Fortune Brands Home & Security, Inc. (NYSE:FBHS) to report $0.80 EPS on January, 30.They anticipate $0.09 EPS change or 12.68% from last quarter's $0.71 EPS. FBHS's profit would be $121.44M giving it 22.07 P/E if the $0.80 EPS is correct. After having $0.83 EPS previously,
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Encore Wire (NASDAQ:WIRE) Upgraded at BidaskClub

Encore Wire Corporation is a manufacturer of electrical building wire and cable. The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company manufactures electric building wire, principally
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3 easy ways to save in the new year

After a comprehensive review, her financial institution was able to help her refinance the first mortgage on her home, which provided access to $78,000 in equity she had built. With that money, the member was able to pay off all her other debts, leaving her with a new mortgage payment of $650 a month.
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Dogboe presents title to key partner Silver Star Auto

Dogboe presents title to key partner Silver Star Auto … “Right from the first day the team contacted the company, they did not ask for fancy things but a little support to promote the fight and coming back to show appreciation tells corporate Ghana this is a humble team that deserves support,” Mr Kalmoni
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Cryptocurrency rivals snap at Bitcoin's heels

Some, like Monero, focus on guaranteeing anonymity, and others on share and bond issues, or on speeding up the confirmation time for transactions, like Litecoin. “It is impossible for a cryptocurrency to be the best at all the various tasks,” said Stachtchenko said. Meanwhile financiers, established banks
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Manager – Commercial Discretionary Lending

Manage the assigned portfolio and achieve the set financial targets in terms of restructuring, reduction of provisions and IIS and improving the P&L. Effectively manage the assigned portfolio in order to ensure maximum recoveries and turnarounds by offering and implementing creative financial solutions
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The wife of infamous nanny killer Lord Lucan cut her three children from her will and left her fortune …

THE wife of infamous nanny killer Lord Lucan cut her three children out of her will leaving her entire fortune to charity before she committed suicide. Lady Lucan, 80, was found dead in her multi-million pound property in Belgravia, central London, having taken a cocktail of drink and drugs after wrongly
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Entergy reacquires property west of Hobby Lobby on Markham Street

Some engineering crews, servicemen and linemen work out of the office, Case said. The seller was Newkirk Liroc Limited Partnership. Entergy previously owned the property but did a sale-leaseback. “Now we have reacquired it,” she said. The acquisition is part of Entergy's overall real estate strategy.
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Real estate industry should continue to grow in 2018

It's taken about a decade, but the Grand Valley real estate market appears to be recovered from the latest recession and the market is projected to … After four straight years of growth, 2018 should be another strong year for the residential and commercial real estate industries, experts say, with only a
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Zacks Investment Research Downgrades Manitex International (MNTX) to Hold

Zacks Investment Research Downgrades Manitex International (MNTX) to Hold

Zacks Investment Research downgraded shares of Manitex International (NASDAQ:MNTX) from a strong-buy rating to a hold rating in a research report report published on Wednesday, January 3rd. According to Zacks, “MANITEX INTERNATIONAL INC is a leading provider of engineered lifting solutions
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Brody Ranch project in east Petaluma gets underway

Concord-based DeNova Homes is developing the 16-acre Brody Ranch subdivision of for-sale homes near the intersection of North McDowell Boulevard and Corona Road, north of the future east side SMART station. The second largest housing project currently under development in Petaluma, it will
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Unfair loans face 'perfect storm'

Under responsible lending laws introduced in 2010, banks and mortgage brokers must not make loans to customers who will not be able to repay them. Lenders must also adequately test whether customers can meet repayments, and must avoid providing loans that are unsuitable for borrowers.
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ING rolls out voice activated banking with Siri

ING's head of digital innovation Chris Barwick said the technology is a milestone for consumers as it brings them closer to making voice-activated transactional banking a reality. “All customers have to do is to ask what is their balance or how much do I have in my Orange Everyday (transaction) account,''
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The Garrett Group

Cyberattacks cause billions of dollars in losses every year, and the growing threat isn't limited to Fortune 500 companies. Small and medium size businesses face the same risks and are likely to present a more vulnerable target unable to address the scope and complexity of their specific threats in the
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HSBC: Reserve Bank could lift cash rate by mid-2018

Improvements to the mining sector and robust economic growth should see the Reserve Bank of Australia (RBA) lift the official cash rate by mid-2018, according to HSBC. In its Asian Economics report for Q1 2018, Paul Bloxham and Daniel Smith, economists at HSBC Australia, said the country's
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Cape housing market solid, steady for sellers

The Cape's real estate market continued to get better for sellers and tighter for buyers in 2017, a trend that only looks to get more pronounced in the upcoming year, local real estate officials say. In 2017, listings of new single-family homes were down 8 percent from the previous year, even as demand
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Why loyal mortgage customers might be wasting their money

Loyalty is a good thing but when it comes to mortgage customers, they could be putting their money to waste by sticking with their banks. Citing a study from Uno, News Corp Australia Network said around 20% of mortgage customers have their loan with the same bank they had in their young age,
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Centris Federal Credit Union

Weeks, joined the Centris Mortgage Division in 2010 as a Mortgage Service Representative. Since that time, Weeks has filled positions as a Lead Member Service Representative and Mortgage Production Manager. Weeks is active in the Omaha Area Board of Realtors, Nebraska Mortgage Association
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Meta Financial acquires Troy-based Crestmark

“They think the Crestmark name is a well-known brand nationally, and I agree with them,” said Tull, who in 1996 founded Crestmark as an asset-based lender for companies that can't get traditional bank financing. It now also offers lines of credit, equipment leasing and equipment financing, with regional
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People in Business

Traci Wilhelm recently accepted a position with First Financial Mortgage, 3401 Rogers Ave., as a mortgage lender. She has previously worked as a mortgage lender with BancorpSouth and United Federal Credit Union. Wilhelm has over 20 years of experience in banking and for the last five years has
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Retro Fun in Space: Sneak Peek at Play'n GO's Planet Fortune

Planet Fortune is a 5-reel, 40-payline video slot with a retro design and a futuristic theme — how's that for paradoxical? Still, the combination works, with a background that features outer space, stars, and planets, and a robotic soundtrack that perfectly suits the game's theme. Bets range from $.20 to
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General American Investors Company INC Lowered Stake in American Express Company (AXP …

… Bloomberg.com published: “American Express Sees $2.4 Billion Earnings Hit From Tax Bill” on January 03, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Nasdaq.com and their article: “American Express Co (AXP) Chairman & CEO Kenneth I Chenault
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Investors Title Company (ITIC) Is At $195.74 Formed Wedge; Davidson Kempner Capital …

Investors Title Company (ITIC) formed wedge up with $207.48 target or 6.00% above today's $195.74 share price. Investors Title Company (ITIC) has $369.37 million valuation. It closed at $195.74 lastly. It is down 101.17% since January 14, 2017 and is uptrending. It has outperformed by 84.47% the
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GovGuam needs to rethink proposed tax change's impact on consumers

Homebuying – A local bank sells most of its residential mortgage loans to mortgage wholesaler Freddie Mac, usually at a 3 percent potential profit. So on a $200,000 home loan, a local bank makes about $6,000 by reselling to Freddie Mac. The legislation would tax the bank 4 percent on $206,000,
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Pggm Investments Raised Metlife Com (MET) Holding By $661878; ATRIUM MORTGAGE …

Atrium Mortgage Investment Corporation provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada. The company has market cap of $332.81 million. It offers various types of mortgage loans, including land and land assembly financing
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City's housing rental market is now more tenant-friendly

Buying an apartment in first-tier Chinese cities like Shanghai tends to cost several million yuan or even tens of million depending on the location. Under such high property prices, many newly arrived young adults, such as myself, have found that the best option is just to rent a room in an apartment with
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Real Estate Report: Homebuyer names show millennial gains

Millennials may be slower to buy homes than previous generations, but a new study by Attom Data Solutions illustrates that their buying is likely on the rise. Attom took a look at the first names of 4 million U.S. homebuyers last year. The fastest-growing are all names that peaked with babies born in the
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First Merchants Boosted By $373968 Its Altria Group Com (MO) Stake; Dynex Capital (DX)'s …

First Merchants Corp increased Altria Group Inc Com (MO) stake by 79.92% reported in 2017Q3 SEC filing. First Merchants Corp acquired 5,936 shares as Altria Group Inc Com (MO)'s stock declined 2.84%. The First Merchants Corp holds 13,363 shares with $847,000 value, up from 7,427 last quarter.
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The 'build it and they will come period is over' for downtown Cleveland apartment market

The other factor, he said, is the strong housing market. This is the first year since the 2008 housing collapse that K&D has had a noticeable number of tenants departing because they bought homes, both downtown and throughout the region, Price said. A Crain's survey of downtown apartment operators
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Freddie Mac Marks Single-Family Rental Milestone

Freddie Mac Marks Single-Family Rental Milestone

Freddie Mac officially entered the single-family rental space this week as Berkadia announced the closing of the very first affordable single-family rental financing through Freddie Mac Multifamily for TrueLane Homes, a leading owner of single-family rental homes. The financing totalled $11,092,000 for a
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ARGA Investment Management LP Has $2.54 Million Stake in Mondelez International Inc (MDLZ)

The institutional investor owned 62,400 shares of the company's stock after purchasing an additional 28,200 shares during the period. ARGA Investment Management LP's holdings in Mondelez International were worth $2,537,000 as of its most recent filing with the Securities and Exchange Commission
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State Treasurer State of Michigan Sells 141600 Shares of Philip Morris International Inc. (NYSE:PM)

Acropolis Investment Management LLC raised its holdings in Philip Morris International by 0.5% during the second quarter. Acropolis Investment Management LLC now owns 1,045 shares of the company's stock valued at $123,000 after buying an additional 5 shares in the last quarter. Novare Capital
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Stricter rules force closure of Alberta payday lending stores, says industry boss

Cash Money, Canada's second largest lender, has withdrawn payday loans altogether and no long offer products as they exist under the new legislation because “it simply wasn't viable for them,” Irwin said. “That's not insignificant,” he said. “And they wouldn't be the only ones but they are the biggest
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Spoiler: Major “Impact” Star Leaving The Company Following Tapings

Following tonight's most recent set of tapings, EC3 is no longer a member of the Impact roster. The departure is a result of receiving the “fired” case in a “Feast or Fired” match that involved him along with Rohit Raju, Ishimori, Trevor Lee, Caleb Konley, KM, Petey Williams, Moose, Tyrus and Eli Drake.
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Home buyers with popular millennial names buying more Arizona homes, analysis says

Housing market watchers are on the lookout to see if Millennials will buy homes at the same rate of their Gen-X older siblings or baby boomer parents. Homebuyers named Edwin and Carol dropped the most in Arizona last year – about 35 percent. Nationally, Gerald, Kristin, Stanley, Kurt and Jaime
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Longport home for sale for $3.199 million

… it is still private,” Tracy Brown said. “It's (their home) very cozy even though it is spacious.” For more information on this property, call Joseph A. DiLorenzo at the DiLorenzo Realty Group, LLC, in Margate at 609-350-7475. Contact: 609-272-7202 VJackson@pressofac.com Twitter@ACPressJackson
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Real estate transactions: Jan. 15, 2018

$179,900 Mjk Real Estate Investments LLC to De La Torre Yallen Zequeira, Morera Ricardo Rodriguez; Lot 2 Bayou Estates South; Dec. 29. $177,000 Tritschler Angel, Tritschler Dustin J to Thao Kiu L, Thao Sue T; Lot 23 Blk A Cape Vista; Jan. 3. $175,000 Armstrong Laura S, Mercer Leslie Anne, Tracey
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India Now Second Most Preferred Banking Market For Morgan Stanley. Here's Why.

India became the second most preferred banking market for Morgan Stanley, after it added ICICI Bank Ltd. into its Asia Banks Model Portfolio. It assigned the country's largest private sector lender a weightage of 7.5 percent, which is the highest weight it has given to any of the Indian banks in its portfolio
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Budget 2018: Real estate expects lower GST rate, infrastructure status

Tata Housing Managing Director and CEO Brotin Banerjee said, “We look forward to seeing the additional stamp duty and registration on properties be reduced or merged with GST. A reduction of the taxes and add-on costs, inclusive of brokerage, on under-construction properties, will also ease the
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Oman Arab Bank appoints new head of retail banking at Al Yusr

Oman Arab Bank (OAB) announced the appointment of Jamil Abdul Qader al Zadjali as the new head of the retail banking and business support at Al Yusr … banking and business support of OAB's Islamic banking window will be reporting to Zadjali to maximise the efficiency and profitability at the bank.
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Should over-extended households pay down their debts?

With national housing prices softening and regulators continuing their clampdown on riskier home loans, many prospective homebuyers are wondering if it will be harder to secure a home loan this year. As for current mortgage holders, many are wondering if they'll face greater pressure to pay down
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2018 Preview: Developers are optimistic about Gulf property's 2018 prospects

If forecasts from industry experts are anything to go by, 2018 will see demand for affordable properties, economic diversification efforts, and Expo 2020 propelling growth in Gulf real estate markets. Sailesh Jatania, chief executive officer of Gemini Property Developers , for instance, points out that the
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TRUE MORTGAGE LENDING – Ad from 2018-01-14

TRUE MORTGAGE LENDING – Ad from 2018-01-14: It's tRUE oUR fUll pRodUct lInE covERs EvERythIng fRom: * VA * FHA * USDA…
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Nordic Bond Deals Soar as Nasdaq Reveals Record Debt Listings

The volume of securities listed on Nasdaq's Nordic bond platform climbed 10 percent to hit a record 74 billion euros ($90 billion) last year, according to the exchange. Bond managers say this year may well be better. Oyvind Hamre, a portfolio co-manager who oversees 800 million euros ($971 million) at
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Jonjo O'Neill banking on spring revival for More Of That

Jonjo O'Neill hopes a return to better ground in the spring can help revive the fortunes of More Of That. The 2014 World Hurdle winner has failed to inspire in three starts over fences this year, including on his most recent outing when well beaten in a three-runner graduation chase won by Gold Cup
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Pound's High Vulnerable to Fragile Brexit Sentiment

The pound's rally, spurred by hopes of a soft Brexit, may be vulnerable this week to heightened sensitivity to comments from European Union leaders on the prospects of such a deal. Sterling rose to its highest level since just after Britain's EU referendum on Friday after signs emerged that some countries
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KKR, Premji arms to invest in HDFC

Housing Development Finance Corporation (HDFC) — the country's largest mortgage lender — will raise Rs. 11,104 crore from 10 marquee investors including GIC Singapore affiliate Waverly Pte. Ltd. and OMERS Administration Corporation, the administrator of the pension plan for Ontario's municipal
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Is Buying Citigroup Incorporated (NYSE:C) Here Good Idea?

More notable recent Citigroup Inc. (NYSE:C) news were published by: Bloomberg.com which released: “Citigroup to Exit Broker Pact After Morgan Stanley, UBS Left” on December 29, 2017, also Wsj.com with their article: “Citigroup Results: 5 Things To Watch” published on January 13, 2018,
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Goodbye to Bond-Trading on the Telephone

The Securities and Exchange Commission has for a long time devoted a lot of attention to equity market structure: There are rules about how exchanges operate, and an Equity Market Structure Advisory Committee, and lots of attention paid to the perceived evils of high-frequency trading and dark pools
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BITCOIN SERVICES INCORPORATED (OTCMKTS:BTSC)'s Stock Is Sell After More Market Selling

BITCOIN SERVICES INCORPORATED (OTCMKTS:BTSC)'s Stock Is Sell After More Market Selling

published on January 12, 2018, Forbes.com published: “Goldman Sachs Caves: Bitcoin Is Money” on January 10, 2018. More interesting news about Bitcoin Services, Inc. (OTCMKTS:BTSC) were released by: Bloomberg.com and their article: “Line Explores Cryptocurrencies for Payment Services,
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Bonus White Paper: How to Play a Resurgent Banking Sector

With the Federal Reserve's monetary-tightening cycle well under way, many investors are hoping the banking sector can shake off its reputation as the stock market's black sheep and return to its glory days of before the 2008 financial crisis. But while the financial sector does present more opportunities
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Shadow Banking and the Four Pillars of Traditional Financial Intermediation

Traditional banking is built on four pillars: SME lending, access to public liquidity, deposit insurance, and prudential supervision. This vision has been shattered by repeated bailouts of shadow financial institutions. This paper puts “special depositors and borrowers'” at the core of the analysis, provides a
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Court upholds conviction in mortgage fraud case

CARSON CITY — A federal appeals court has rejected the plea of a Las Vegas man to overturn his conviction in a $25 million mortgage fraud case. The 9th U.S. Ninth Circuit Court of Appeals on Thursday denied the petition of Brett Depue, who was sentenced to 21 years and 10 months in prison and
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2 Things About Miss Fortune Splashes

Isn't it interesting that they are all from a eye-to-eye or upward angle? hmmmmmmm….. You know what this means… Literally fucking nothing. Cowgirl Miss Fortune. Oh. My. God. I think all the other ones are slightly above average, but Cowgirl is now probably in my top 5 favorite splash arts. Even if you
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Encore Wire Corporation (WIRE) Breaks into New 52-Week High on January 12 Session

Encore Wire Corp is engaged in manufacturing electrical building wire & cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. Encore Wire Corporation is based out of McKinney, TX and has some 1,253
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Powell's Fed Nomination Goes Back to Committee

President Trump's nomination of Jerome Powell to become the next chairman of the Federal Reserve is being sent back to the Senate Banking Committee for a second vote on Jan. 17. According to a Reuters report, the committee already approved Powell in a Dec. 5 vote. However, the full Senate failed
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Jane Street Group LLC Reduces Holdings in FNF Group of Fidelity National Financial, Inc. (NYSE …

FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF's title insurance
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Prime Lending Reconciliation lead Analyst

The Securities lending unit is responsible for the timely and accurate settlement of fixed income and equity securities for the UK, Europe, Asia and the US. Controls / Lender on-boarding team is responsible for daily reconciliation of all securities and cash accounts for the Securities Finance and DAIS
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Anchorage real estate leaders optimistic about 2018

ANCHORAGE (KTUU) – Anchorage business leaders in real estate met downtown for the 2018 Commercial Real Estate Forecast Luncheon, on Friday. The goal of the luncheon, hosted by Anchorage's Building Owners and Managers Association (BOMA), was to educate property owners and building
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America's student debt crisis is worse than we thought

The US financial crisis that resulted from a ruptured housing bubble is now ten years old, and investors fretting over a serially record-setting stock market are searching for pockets of risk in various corners of the financial system. The first spot they tend to look is at student loans which, while only a fraction
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Everything you need to know about real estate's gender gap — in one handy chart

Everything you need to know about real estate's gender gap — in one handy chart. By Kathryn Brenzel |. Research by Ashley McHugh-Chiappone. January 12, 2018 01:25PM. Investment sales and capital markets firms have far more men than residential and leasing companies. Tags: Commercial Real
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How to Refinance Student Loans into a Mortgage

People who are stuck with high-interest student loan debt might consider rolling it into their mortgages. This practice is known as debt reshuffling. It allows borrowers to take equity out of their homes to pay their student loan debt. They pay their student loans off and then make the extra payments on their
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Chamber honors six at banquet

Ambassador of the Year — Gina Wiener of CentraLand Title Co. Citizen of the Year — Eric Tovar of H-E-B Plus. Belton Young Professional of the Year — Chelsy Emerson of Spherion Staffing Services. Beltonian of the Year — Belton school board President Randy Pittenger. Business Spotlight of the
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Brainstorm Health: Serena Williams Childbirth, Telemedicine and Weight Loss, Trump Checkup

Tennis legend Serena Williams is widely regarded as one of the greatest athletes on the planet, and perhaps ever. She recently achieved another stunning milestone—saving her own life after giving birth, according to a fascinating profile in Vogue. And Williams' harrowing experience serves as a
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Murdoch's News Corp. Warns Facebook to Avoid 'Political' Changes

Rupert Murdoch's News Corp., publisher of the Wall Street Journal and New York Post, will keep an eye on Facebook Inc.'s news-feed changes “for any signs that the weighting of news sites is politically motivated.” In a statement Friday, the publisher said it welcomed changes “that reward quality and
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Real Estate Confidential: At home on the beach

The feature that most distinguishes the South Shore from North Shore are trees; real trees, tall trees, multiple varieties of trees, climbing trees, swing trees . . . Anyway, you get the idea. Because of prevailing winds, the South Shore offers low trees of nondescript identity and the pine trees which (I am
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What open banking means for business

When you think of your bank, what are the words that spring most readily to mind? MT of course is a family business website so we will draw a veil over some the saltier responses that might result. But even so the chances are that the quality of openness wouldn't figure highly amongst the responses.
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Seattle-area rents drop significantly for first time this decade as new apartments sit empty

The rental slowdown runs counter to the for-sale housing market, where home prices continue to shoot up unabated at the fastest rate in the country. A key difference is that there are very few new single-family homes being built in the region, in contrast to the frenzy of apartment construction.
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Texas Gets US Supreme Court Review on Voided Voting Districts

The U.S. Supreme Court will weigh putting new curbs on voting-discrimination lawsuits, agreeing to hear Texas's defense of Republican-drawn election district lines that a lower court said were the product of intentional racial discrimination. Adding a new chapter to a long-running legal saga, the justices
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Erdogan Repeats Warning of Attack on Kurdish Enclave in Syria

Erdogan Repeats Warning of Attack on Kurdish Enclave in Syria

President Recep Tayyip Erdogan signaled Turkish forces may soon carry out an attack on a Kurdish stronghold in northwest Syria, a day after the army shelled the area. Turkey regards the Kurdish YPG forces who control Afrin as a terrorist group with links to the PKK, which has long battled for autonomy
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Czechs Vote Whether Pro-Russia President Zeman Gets Second Term

Milos Zeman, Czech president, arrives for a ceremony at Prague Castle in Prague, Czech Republic. Photographer: Martin Divisek/Bloomberg. Czechs are voting in a presidential ballot on whether to re-elect incumbent Milos Zeman, a frequent critic of European Union policies and a supporter of Russian
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Mortgage Rates Avoid More Dire Outcomes After Inflation Report

Mortgage rates caught a break yesterday by moving lower for the first time this week. They arguably caught a break again today by not moving any higher than they did. Underlying bond markets (which drive mortgage rate changes) were rocked this morning by stronger inflation data. The important
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How Montana Gold Rushers Literally Threw Away a Fortune in Sapphires

How Montana Gold Rushers Literally Threw Away a Fortune in Sapphires. In 1866, Montana—specifically the Yogo Gulch—was awash with disappointed prospectors, tossing out the blue pebbles they found in their sluice boxes as they panned for gold. Levi Higgs
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RBC, TD raise fixed five-year mortgage rate

Many economists are also predicting that the Bank of Canada may raise its key interest rate target next week, a move that would likely prompt the big banks to raise their prime rates. Increases in the prime rates push up the cost of variable-rate mortgages and other loans such as home equity lines of
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Mansion Global Daily: Dublin's Future, EU Housing Prices, and More

Italian property prices continued falling in the third quarter of 2017, while more than 80% of Italians surveyed think the nation's economic situation is bad. It was the only European Union country with shrinking prices in the second quarter of 2017. All told, Italian home prices have fallen 23% since 2007.
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Canadian banks raise fixed mortgage rates, variable rates could soon follow

Several Canadian banks have increased their fixed-rate mortgage rates amid rising yields on the bond market and a strengthening economy, changes economists said could have repercussions for the housing market. As of Friday, Royal Bank of Canada, Toronto-Dominion Bank and CIBC said they had
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Mark Zuckerberg's overhaul of Facebook has cost him £2.4bn already

Mark Zuckerberg said the latest change to Facebook would make users' time on the website more “valuable”. But for the co-founder of the social media giant, it is proving very expensive. The 33-year-old saw his fortune fall $3.3 billion (£2.4 billion) on Friday after he posted plans to shift users' news feeds
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FCC Gets Complaints After TV News Repeats Trump's Crude Word

Regulators fielded complaints about TV news broadcasts that repeated President Donald Trump's crude characterization of Haiti and African nations during a closed-door discussion of immigration issues. The complaints arrived Thursday and Friday at the Federal Communications Commission,
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Man who posed as attorney pleads no contest in real estate fraud case

A man who posed as an attorney and acted as a foreclosure consultant pleaded no contest Friday in Sacramento Superior Court to forgery, grand theft and filing false documents. Dennis Joseph Giacopetti, also known as Dennis Jacopetti, also admitted to an aggravated white-collar crime enhancement
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Senate Banking sets Jan. 23 to probe FDIC, Fed nominees

WASHINGTON — The Senate Banking Committee has set a Jan.23 date to examine the nominations of Jelena McWilliams to lead the Federal Deposit Insurance Corp. and Marvin Goodfriend to be a governor on the Federal Reserve Board, according to people familiar with the matter. McWilliams was
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Mortgage Loan Officer

New Career Opportunity! Huntington National Bank has an opening for a Mortgage Loan Officer in Akron, OH.
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Investors Buy Philip Morris International (PM) on Weakness

Piper Jaffray Companies reissued an “overweight” rating and issued a $137.00 price target (up from $130.00) on shares of Philip Morris International in a research report on Thursday. Goldman Sachs Group raised Philip Morris International from a “buy” rating to a “conviction-buy” rating and set a
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KB Homes Downgraded On Valuation Risk After 'Ballistic' Growth

KB's share price is up 170 percent in the past year, a rate Weintraub describes as “ballistic.” KB Homes will need to greatly increase spending in order to sustain the high growth rate, the analyst said. The company's growth will also largely depend on housing market performance in 2018, which may not
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What you can get for $1B in Westchester, beyond

2017 was a very good year for the luxury housing market in Westchester. Sales of homes selling for $2 million and higher hit a 10-year high in 2017 with 357 high-end homes sold, according to the Houlihan Lawrence Luxury Market Report released Wednesday. The median sales price was $2.6 million.
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Hong Kong housing policy should focus on those living in the poorest conditions

Skyrocketing property prices in Hong Kong are a direct consequence of the excess liquidity produced by central banks to save the global economy after the subprime-induced financial tsunami a decade ago. There has been a massive inflow of capital since the fourth quarter of 2007. Since then, it is
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Business Banking Relationship Manager, New York City New York, New York

Learn more about applying for Business Banking Relationship Manager, New York City at Santander Bank.
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Royal Bank, TD hike fixed-rate mortgage rate

TORONTO – Two of Canada's largest banks increased their fixed-rate mortgage rates amid rising yields on the bond market and a strengthening economy. The Royal Bank of Canada says its posted five-year fixed mortgage rate moved to 5.14 per cent Thursday, up from 4.99 per cent. The bank's special
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Commentary: Kodak's New Cryptocurrency: Ridiculous or Genius?

Kodak representive Paige English snaps a photo using Kodak's Printomatic instaprint camera at the Kodak booth during CES 2018 at the Las Vegas Convention Center on January 9, 2018 in Las Vegas, Nevada. David Becker Getty Images. By Sarit Markovich. January 12, 2018. Can Kodak, best known
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Want to Invest in Hawai'i Real Estate? Here's How to Start

Many of us know someone who has done well for themselves in real estate. Maybe they bought at the bottom of the market and sold at the top, or they collected apartments or homes over the course of their lifetime and retired early to live off the rent. With the stock market strong right now, many of us
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It could be easier for Facebook and Google to get into UK banking thanks to new rules starting today

It could be easier for Facebook and Google to get into UK banking thanks to new rules starting today

The rules force banks and payment companies to share data with third parties if customers agree. The changes are meant to encourage comparison and bank account switching but some think an unintended consequence could be opening up banking to tech giants like Facebook and Google.
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Real-estate transactions: Jan. 12, 2018

2914 N. Wisconsin Ave., Peoria, Purvis & Freisinger Contractors Inc. to Vinco Property Management LLC, $99,000. 1020 E. Tripp Ave., Peoria, Cory S. and Sarah A. Cowan to Charles Cannon, Vickie D. Cannon and Claire Blankenship, $106,000. 2902 W. Brookside Drive, Peoria, Earl F. Hill, Carole B.
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Bricks Real Estate Experts officially opens near downtown Midland

Bricks Real Estate Experts received a warm welcome from the Midland community as the co-owners announced the official opening of the new business on Friday. Jamie and Daniel Broderick co-own the new real estate business at 702 Ashman St. which previously housed Healthway Chiropractic Clinic
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Low-income families to be able to get mortgage loans

Work has been completed on the introduction of a mechanism for guaranteeing mortgage loans, which will allow low-income families to take a mortgage with a lower start-up fee. Oxu.Az reports with reference to OJSC Mortgage and Credit Guarantee Fund that within the framework of the cooperation
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New Listings

Brown Harris Stevens New Listings New Manhattan, Brooklyn, Hamptons, Palm Beach, and Miami real estate listings by Brown Harris Stevens. View luxury condominiums, cooperatives, lofts, townhouses, houses, and rentals.
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Keystone National Group raises $176m for lending fund

Keystone National Group raises $176m for lending fund. by Jody Barhanovich. Keystone National Group, a private markets investment firm based in San Ramon, Calif., has raised $176 million for Keystone Real Estate Lending Fund, according to a filing with the SEC. The firm did not comment on its
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Jane Street Group LLC Buys New Position in Masonite International Corp (NYSE:DOOR)

Jane Street Group LLC purchased a new stake in shares of Masonite International Corp (NYSE:DOOR) during the third quarter, according to its most … B. Riley lifted their price target on shares of Masonite International from $72.00 to $82.00 and gave the company a “buy” rating in a research report on
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Russell Investments Group Ltd. Grows Stake in China Yuchai International Limited (NYSE:CYD)

Russell Investments Group Ltd. increased its position in shares of China Yuchai International Limited (NYSE:CYD) by 13.4% during the third quarter, … Separately, ValuEngine downgraded China Yuchai International from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st.
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Saving for a mortgage: Where should I put my money?

It is not the perfect time to be a potential first-time home buyer in Ireland. Residential property prices rose by 11.6% in the year to November, with the median price paid for a home nationally coming in at €224,000 during the period. Small improvements are slowly being made with regard to the severe
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Irish mortgage rates still the costliest

Irish mortgage rates have fallen only slightly in the past year, while buy-to-let investment borrowers have stopped falling altogether, leaving all Irish … basis points in the year to 3.41% in the third quarter of 2017, while fixed-rate mortgage rates of one to three years fell by almost 30 basis points to 3.13%.
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UPDATE 1-Federal Reserve fines five banks to wrap up mortgage servicing charges

WASHINGTON, Jan 12 (Reuters) – The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. The central bank announced the fines against Goldman Sachs , Morgan Stanley , CIT Group , U.S. Bancorp , and PNC Financial
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'Open banking' begins today. It poses one major threat to your money

Today marks a banking milestone that some have claimed is the most important in decades: “open banking”. If you've somehow not heard of it yet, you soon will. Your bank will ask you – if it hasn't already – whether you want to participate. If you say yes, your account information is potentially shareable
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Longmont, Boulder home prices hit record highs in 2017

Those median prices are up from December 2015 highs of $323,000 in Longmont and $750,000 in Boulder. “It was an unbelievable year,” Boulder Area Realtor Association President Kelly Moye said of 2017. The Longmont housing market has been on an extended upswing with prices up 37.8 percent
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Misconduct victims short-changed by banking royal commission: Bowen

Victims of banking misdeeds have already been short-changed by the Turnbull government's banking royal commission, Shadow Treasurer Chris Bowen says. The royal commission into the financial sector is yet to set up a system to collect bank victims' stories, and Mr Bowen has pointed the blame
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It's banking, but not as we know it: the big changes coming in 2018

Big changes for our money are on the way, say financial services specialists, as new technologies combine with market forces to reshape banking. “People can position themselves to benefit from the changes,” said People's Choice Credit Union spokesman Stuart Symons. Fast payments will be one of
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Prepare financially to buy a home

A quick way to better your score is to pay down credit card balances and stop using them for two months before you apply for a mortgage. Also, you should avoid applying for credit (like a new credit card or car loan) until after you've closed on your new home. If you're buying a home with your spouse or
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Supreme Court case could affect CFPB constitutionality ruling

The Supreme Court agreed Friday to hear a case challenging the appointment of administrative law judges, which could affect an appeals court ruling on the constitutionality of the Consumer Financial Protection Bureau. The Supreme Court case, Lucia v. Securities and Exchange Commission, was cited
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Analysts See $0.60 EPS for Fidelity National Financial, Inc. (FNF)

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 $11.13 billion. It offers title insurance, escrow, and other title related services,
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Bank group awards Aroostook senators

AUGUSTA, Maine — Maine Public Banking recently presented 2017 Profiles in Courage Awards to State Senators Troy Jackson, D-Allagash, and Mike Carpenter, D-Houlton, both representing Aroostook County. John F Kennedy's Pulitzer Prize winning book Profiles in Courage biographed eight U. S.
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Harvey Weinstein's first wife said her ex is too broke to pay child support for their daughters in …

The previously sealed court filings in Harvey Weinstein's child support case were released earlier this week, seven days after Judge Michael Katz handed down his ruling in favor of the disgraced mogul. Lawyers for Eve Chilton, Weinstein's first wife and the mother of his three older daughters, stated in
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Carillion Makes Last Ditch Bid for UK Bailout, Mail Reports

Carillion Makes Last Ditch Bid for UK Bailout, Mail Reports

A construction site for new apartment blocks built by Carillion Plc in the Canning Town district of London. Photographer: Simon Dawson/Bloomberg. Carillion Plc is holding talks with the U.K. government Sunday to ask for the 300 million pounds ($412 million) it needs by the end of the month to stay afloat
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Home Down Payments: 7 Myths Debunked

Conventional mortgages backed by Fannie Mae or Freddie Mac may allow you down payments of as little as 3% to 5%, while Federal Housing Administration (FHA) loans are available with only 3.5% down. These can mean the difference between buying a home and not being able to, but understand
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Edison International (EIX) Stock Is At 52-Week Low Now

During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 1.44% or $0.9 during the last trading session, reaching $61.42. About 3.17 million shares traded or 2.26% up from the average. Edison International (NYSE:EIX) has risen
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Hoda Kotb Says Lending Her Voice to Mickey and the Roadster Racers Is a Dream Come True

The Today co-anchor lends her voice to a new character, Mrs. Sweetums, during a guest appearance on Disney Junior's Mickey and the Roadster Racers. “Mrs. Sweetums is southern, and she just is 'cause she's sweet as sugar,” Kotb says in a behind-the-scenes clip about her experience recording for
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Ramaphosa Vows to Revive Economy, Halt Graft

South Africa's new ruling-party leader, Cyril Ramaphosa, vowed to fight corruption, revive the struggling economy and restore investor confidence, the latest sign that he's planning a dramatic shift after years of decline under Jacob Zuma. “We are resolute in our commitment to make this the year in which
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Banking on giving back

Dime Community Bank donated $6,835 to Gift It Forward Inc. Kulanu Academy and the Five Towns Early Learning Center as part of the DimeGivesBack initiative. From left were Patrick Dure, Gift It Forward owner Miriam Dure, Cedarhurst branch manager Christopher Reide and assistant manager
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Offshoot of Fallen Clean Energy Giant Takes It Slow

It was learning how to manage that portfolio as it grew,” said Nathan Serota, a New York-based analyst at Bloomberg New Energy Finance. “Brookfield is a more experienced asset manager. SunEdison was an upstart.” Then there are the efficiencies that Brookfield offers. TerraForm previously used
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Marriott International (NASDAQ:MAR) Upgraded to Strong-Buy at BidaskClub

BidaskClub upgraded shares of Marriott International (NASDAQ:MAR) from a buy rating to a strong-buy rating in a report released on Thursday, December 21st. Several other equities analysts also recently issued reports on MAR. Barclays upped their price objective on shares of Marriott International
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Loans to private sector drop by Rs100bn

The SBP's report indicates that the entire banking sector, including the Islamic segment, recorded a visible decline in lending to the private sector. Lending by conventional banks fell Rs49.5bn year-on-year to Rs182bn. Conventional banks were the largest supplier of credit to the private sector followed
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Vanguard Total International Stock ETF (NASDAQ:VXUS) Short Interest Down 41.3% in December

Vanguard Total International Stock ETF (NASDAQ:VXUS) saw a significant drop in short interest in December. As of December 15th, there … Truepoint Inc. now owns 875,680 shares of the company's stock worth $876,000 after buying an additional 859,955 shares during the last quarter. Wells Fargo
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Google Removes Gaming Apps With Pop-Up Porn Malware

Alphabet's Google said on Friday it took down 60 gaming applications after security firm Check Point said it had discovered new malicious software in the apps available to both children and adults at Google Play Store. The malicious software displayed pornographic ads and tried to trick users into
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Open banking? I think I'll be keeping my door shut

The idea behind open banking is that apps (which must be FCA-regulated) will be able to “aggregate” everything in one single at-a-glance screen, constantly sweeping your accounts, helping you budget, spotting where you can make more savings, allowing you to more easily switch money from one
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Secret Money: How Trump Made Millions Selling Condos To Unknown Buyers

Delaware is “a haven for transnational crime,” according to the anti-corruption group Transparency International, because “extreme corporate secrecy enables corrupt people, shady companies, drug traffickers, embezzlers and fraudsters to cover their tracks when shifting dirty money from one place to
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Starwood Property Trust: Strong Buy For This 9.1%-Yielding Top-Shelf REIT

While the REIT also makes direct real estate investments, the lending business is the company's crown jewel. The lending … Starwood's lending segment largely consists of secure first mortgage loans and the loan portfolio is diversified along geographic and property type categories. Loans for office
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Brits could be left at the mercy of 'hackers and thieves' in new 'open banking' plan

But bank bosses warn it could make it even easier for thieves to steal people's identity and money. The risk is expected to come from bogus firms pretending to be authorised to take the data as well as hackers obtaining information from the Financial Conduct Authority. Howard Davies, the chairman of
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Carillion's Banks Urge UK to Step In to Ease Crisis, FT Says

Cranes, with the logo of building contractor Carillion Plc, stand on a construction site in London. Photographer: Luke MacGregor/Bloomberg. Lenders to Carillion Plc have urged the U.K. government to step in to save the debt-ridden builder, brushing off the company's own rescue plan, according to the
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Govt moves to boost real estate, but stakeholders remain unimpressed

KARACHI: After undergoing a minor fall in 2017, Pakistan's property market is set to get a helping hand after the Federal Board of Revenue (FBR) revised property valuation rates upwards in major cities. However, stakeholders are unsure about the extent of the decision's positive impact on the market.
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Sheryl Sandberg, Jack Dorsey to Leave Disney's Board

Twitter also has a partnership with Bloomberg LP. Disney maintained ties to the tech world through its board after the death of Apple Inc. co-founder Steve Jobs, once the company's largest shareholder. The entertainment giant named two members to its board in December, tapping CEOs from the
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Mark Zuckerberg loses $3.3bn from his personal fortune after Facebook news feed change

After Facebook went public with the news feed change on Thursday, the website's share value dropped by nearly four per cent before US markets opened on Friday. By close of business on Friday Facebook shares were trading at $179.37, down more than 4.4 per cent on Thursday's price of $187.77.
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Goldman set to lend for home projects

Goldman Sachs will start offering home-improvement loans this month, its latest push into the world of consumer lending — a business the bank has avoided for much of its nearly 150-year history. The bank has offered debt-consolidation loans since late 2016, and for a couple of years it's had an online
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Q3 results, macro data and Budget buzz to drive market in the coming week

Q3 results, macro data and Budget buzz to drive market in the coming week

Q3 results, macro data and Budget buzz to drive market in the coming week … However, the retail inflation spiked to a 17-month high of 5.21 per cent in December led by an increase in food and housing prices, data released by Central Statistics … Market may witness some volatility over surging inflation.
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Fed Fines 5 Banks $35M To Wrap Mortgage Servicing Claims

Along with the five banks that were hit with fines, five more banks saw their enforcement actions over mortgage servicing problems terminated, bringing to an end an enforcement action cycle that began in 2011 and 2012 over what the Fed called “deficiencies in residential mortgage loan servicing and
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Real Estate prices remain strong

Pacific Appraisal Associates released their look at the real estate market in Wenatchee for December. Total sales dropped 27 percent compared to December of 2016, but the median sales price continues to climb, up 7% from one year ago. Over the past 90 days, the median price is nearly $294,000.
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Dubai real estate sector to soften further in 2018, says Core Savills

Prime residential real estate saw a weakening of prices between 2014 and 2016 and an acceleration of yield compression representing a stark 11.2 per cent decline in 2017. However, comparatively stable rents encouraged tenants to shift towards ownership, driving down rental demand and causing
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US Government Fears Bitcoin Will Be the Next “Swiss Bank Account”

Bitcoin's explosive growth is dramatically disrupting the monetary and banking system to such an extent that banking and government authorities are sounding the alarm. In effect, the chief of the U.S. Treasury now fears that Bitcoin will become like a “Swiss Bank Account.”
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UPDATE 1-India's IDFC Bank to buy Warburg-backed Capital First in $1.5 bln stock deal

MUMBAI, Jan 13 (Reuters) – IDFC Bank Ltd , one of India's two newest banks, will acquire non-bank financial firm Capital First Ltd in a share swap deal valued at about $1.5 billion as it looks to boost its retail lending activities. According to terms of the deal announced on Saturday, shareholders in
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CREFC 2018: Reviewing an Obstinate Congress, CREFC Sees Half-Empty Glass

Cheerful thoughts were difficult to come by at the Tuesday-morning event, though the speakers expressed their relief that the recent tax reform had not barred tax-free like-kind exchanges for real estate and expressed optimism about possible reforms at Freddie Mac and Fannie Mae in the year to come.
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Could this Bay Area locale be 2018's hottest housing market?

As the report points out, the area had an explosive growth in 2017, with a median home value of $1,130,000, and the real estate site expects that trend to continue: “Home values in the Silicon Valley hub gained 17.4 percent over the past year—the fastest growth among the 50 largest metro areas—and it
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US runs December budget deficit of $23 billion, Treasury says

At the same time, the government got $2 billion less in payments from Fannie Mae FNMA, +1.37% and Freddie Mac FMCC, +0.47% in December. Big picture: The figures come as lawmakers are attempting to strike a deal to keep the government operating past Jan. 19, and also follow President Donald
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New Orleans real estate transfers for Dec. 16-22, 2017

Okeefe St., lot G, square 263: O'Keefe Nola Hotel Propco LLC to JMIR Hiex Nola LLC, $21,000,000. Poeyfarre St. 920, Annunciation St. 1049, Unit 223: Henry Mentz Jr. and Brigitte P. Mentz to Gabriel Lasala, $262,000. S. Peters St. 1107, Unit 412: Edward Lee Family Investment Co. LLC to Elizabeth A.
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Umpqua Bank Provides $47.6 Million of Senior Secured Credit Facilities to Bay Ship & Yacht Co.

SAN FRANCISCO, Jan. 12, 2018 (GLOBE NEWSWIRE) — Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ) has provided $47.6 million in senior secured credit facilities to Bay Ship & Yacht Co., the largest vessel maintenance and repair company in Northern California.
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Lender Reclaims 100 North Main at Auction

The foreclosure auction, originally set for November 2016, was delayed numerous times before the lenders assigned the loan to THM Memphis LLC, an entity affiliated with New York-based real estate firm Townhouse Management Co. William P. Morris III, an attorney with Harris Shelton Hanover Walsh
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Property tax assessments reflect growing real estate market

ANNAPOLIS — The state's 2018 reassessment of properties showed a continuing increase in value, reflecting a growing real estate market. Maryland reassesses each property in the state every three years, with properties divided into Groups 1, 2 and 3 for reassessment purposes. Residential and
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2018 mortgage real estate resolutions worth making

January is well underway, and you forgot to make your resolutions. But it's not too late. Better yet, why not make 2018 mortgage real estate resolutions that will help you buy a home quicker? Setting goals can help. By pinpointing your aims and pursuing strategies to attain them, you stand a better chance
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Leon Cooperman's Omega Overseas Fund Gained 18% Last Year

Omega Advisors, the firm whose billionaire founder Leon Cooperman reached an insider-trading settlement with U.S. regulators in May, posted an 18 percent gain from one of its stock funds last year, according to a person with knowledge of the returns. The $700 million Omega Overseas Fund Class A
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Redeveloping downtown to meet demand: Realtors say demand outweighs supply

LAS VEGAS – Experts in real estate describe the downtown Las Vegas housing market in these words: The demand is high, and the inventory is low. On Thursday night, Mayor Carolyn Goodman said the neighborhood needs 5,500 new homes to meet demand. The Fremont 9 is a major new housing
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Ashland renews its vision for housing

In 1970, the cost of a house in Ashland was likely to be less than twice the annual income of home buyers. By 2010, the gap had soared, with the median price of an Ashland home more than 10 times the median income of Ashland residents. Now, as newcomers and low-income families struggle to find
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SEC's In-House Judges Draw Scrutiny From US Supreme Court

The U.S. Supreme Court will decide whether the Securities and Exchange Commission's in-house judges were appointed in violation of the Constitution, agreeing to hear a case that could upend administrative hearing systems across the federal government. The move came at the request of the Trump
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Avison Young Real Estate Agent To Bring Forecast To Convention

(MENAFN Editorial) Matthew Harris Speaks Out On Trends In Commercial Real Estate For 2018 Matthew Harris, highly acclaimed Senior Associate with Avison Young Commercial Real Estate in Reno, Nevada, will be joining the Forecast 2018 and Beyond conference in Reno on January 17th.
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'Shared backyards' a possibility for Melbourne estates as blocks shrink

The most recent Urban Development Institute of Australia State of the Land report shows the average lot size in Melbourne's new housing market fell 20sq m to 400sq m in the last recorded year, 2016. The median lot price jumped from $213,000 to $237,000 in the same period — the most significant
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Saudi Handouts' Cost May Exceed Government Estimates, BofA Says

Saudi Handouts' Cost May Exceed Government Estimates, BofA Says

Saudi authorities may have underestimated the financial cost of royal handouts dolled out to citizens complaining about rising prices, according to Bank of America Merrill Lynch. The government will spend 61.8 billion riyals ($16.48 billion) on a package that included paying civil servants a monthly
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The Adio Sequence, Sarah Wild, Fortune's Folly, Marsalis

The Adio Sequence is an American rock band from Portland, Oregon. Originally formed in 2007, the band quickly became noticed for their unique blend of musical genres. With their catchy hooks, soaring vocals, and high energy performances, the band gained a massive following. By late 2008, the
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Bitcoin investors face being BANNED from using their gains to get properties as mortgage lenders …

Bitcoin investors looking to cash in on huge spikes in their cryptocurrencies to buy their own home could struggle to get on the property ladder. Investors in digital currencies, some of which have increased nearly 1,500 per cent in the past 12 months, are being rejected by British mortgage lenders and
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The NFL Playoffs, Presented by (Insert Your Company Name Here)

The National Football League is courting a presenting sponsor for postseason games, a package that one person with knowledge of the matter said could fetch up to $15 million a year. It would be the first time the league has put a company's name on postseason games. The NFL floated the idea to
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GIC arm, 9 others to invest in HDFC

Housing Development Finance Corporation (HDFC) — the country's largest mortgage lender — will raise ₹11,104 crore from ten marquee investors including Waverly Pte. Ltd., an affiliate of GIC Singapore and OMERS Administration Corporation, the administrator of the pension plan for Ontario's
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'Pure good fortune' no one seriously hurt when Britain First supporter drove van at Muslim owner of …

'Pure good fortune' no one seriously hurt when Britain First supporter drove van at Muslim owner of Harrow curry house, police say. Marek Zakrocki told both …. Zakrocki was almost three times over the drink-driving limit and it was through pure good fortune that no one was injured during his rampage.
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Hull's Goulbourne brothers acted as 'middle men' to net thousands in mortgage fraud scam – trial

Darren Goulbourne and Ms Crane also deny a joint conspiracy charge relating to making false statements relating to a £179,000 re-mortgage application for a property in Elveley Drive, Kirk Ella, which they owned in 2008. Two solicitors, Katie Baxter and Christopher Jones, also face conspiracy charges
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Letter to the Editor: Hackensack Lending Library

For the last 13 years, Hackensack has had a lending library building at the city beach on Birch Lake. This building is only open June, July and … They purchased and installed a “Little Free Lending Library” across the parking lot from the large library building. This tiny house of books operates on the
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Beware rolling a car loan into a mortgage, report warns

New RateCity research revealed that while an average home loan interest rate of 4.3 per cent is far cheaper than the 8.31 per cent average rate of a car loan, the much longer repayment term of a mortgage could mean the owner of a $30,000 car would end up paying $77,000 for it in total. Money could
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Realtors: More new homes available than existing in Ada County

“Winter is typically when we have the fewest number of existing homes for sale, as many homeowners wait to list until after the holidays,” stated Boise Regional Realtors President Gary Salisbury with Equity Northwest Real Estate. “But we'll be watching to see if new construction inventory continues to
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Bank of America reports 84% increase in Zelle P-to-P payments

For those who have wondered if the banking industry's Zelle, a product that lets consumers make payments to one another using their smartphones, could ever compete with PayPal's popular Venmo product, Bank of America on Friday shared numbers that suggest maybe it can.
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Lending Club Loans Analysis

Lending Club Loans Analysis¶. In [1]:. # Clear the environment rm(list=ls()) library(DescTools) library(dplyr) library(ggplot2) library(aod) library(ROCR) library(pROC) library(Deducer) library(dplyr) library(readxl) library(caret) library(MASS). Attaching package: 'dplyr' The following objects are masked
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Abe in Latvia Calls for Pressure on North Korea

The international community should step up pressure on North Korea to help defuse the stand-off over the isolated country's pursuit of long-range nuclear weapons, Japan's Prime Minister Shinzo Abe said Saturday during a visit to Latvia. “As the international order founded on the rule of law is being
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Podcast 134: Gary Lieberman of Laurel Road

Gary: Well I'm currently the Chairman and CEO of Darien Rowayton Bank which also oversees Laurel Road which is the online lending business that we're involved with. In addition to that, I manage a hedge fund that I started about 20 years ago and the hedge fund trades primarily in mortgage-backed
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Home team — Leading real estate pros act as your friendly-neighborhood residential consultants

“I cannot imagine doing real estate without being fulltime. You really have to be available all the time,” says Raina Rubin of the Raina Rubin Group, part of Carolina One Real Estate. Rubin says she often works at night or on a moment's notice. Time may be of the essence when a bid is being offered or
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Money supply growth slows in December

Liang Hong, chief economist with China International Capital Corp, said that “loan issuance may also surprise on the upside in January and February, driven by recovered demand for manufacturing investment and the still-resilient demand for infrastructure and mortgage financing”. “It is likely that
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Should You Be Concerned About Guaranty Bancorp's (NASDAQ:GBNK) Risk Exposure?

Guaranty Bancorp is engaging in risking lending practices if it is over-exposed to bad debt. Generally, loans that are “bad” and cannot be recovered by the bank should make up less than 3% of its total loans. Loans are written off as expenses when they are not repaid, which comes directly out of
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Franklin Street Advisors Has Lowered Fortune Brands Homes & Sec (FBHS) Position By $1.43 …

Franklin Street Advisors Inc decreased Fortune Brands Homes & Sec Inc (FBHS) stake by 17.06% reported in 2017Q3 SEC filing. Franklin Street Advisors Inc sold 21,314 shares as Fortune Brands Homes & Sec Inc (FBHS)'s stock rose 10.95%. The Franklin Street Advisors Inc holds 103,592 shares with
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Honeywell International Inc. (HON) Holdings Decreased by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its holdings in Honeywell International Inc. (NYSE:HON) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the … Vertical Research reissued a “buy” rating on shares of Honeywell International in a report on Friday, October 20th.
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Seacoast Banking Corporation of Florida (SBCF) Breaks into New 52-Week High on January 12 …

Shares of Seacoast Banking Corporation of Florida (SBCF) broke into a new 52-week high yesterday, hitting a peak of $27.50. Shares closed at $26.82 after opening at $27.25 for a move of -1.11%. The company now has a market cap of $1.17 billion. Investors and traders can learn a lot about a stock's
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Claar Advisors LLC Buys Shares of 499999 Mondelez International Inc (MDLZ)

Claar Advisors LLC Buys Shares of 499999 Mondelez International Inc (MDLZ)

Northwest Quadrant Wealth Management LLC lifted its holdings in Mondelez International by 0.4% in the 2nd quarter. Northwest Quadrant Wealth Management LLC now owns 7,069 shares of the company's stock worth $309,000 after buying an additional 30 shares in the last quarter. Dorsey & Whitney
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Bloomberg's Week in Pictures

As billionaire Warren Buffett predicted a “bad ending” for cryptocurrencies, ethereum hit a record high. The highest bid for a bluefin tuna reached 36.5 million yen ($320,000) at Tokyo Tsukiji fish market's first auction of the year. It was surfboards on the promenade at Manly Beach in Sydney, with
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Justice Department Blindsided Banking Agency On Marijuana Reversal: Report

About 400 banks and credit unions do business with the U.S. marijuana industry. Most are small institutions with … Critics said the Justice Department's decision, which gives prosecutors wide latitude to pursue criminal charges, could drive banks out of the cannabis industry. Subscribe to the Politics
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Warren, Tillis Introduce Bipartisan Legislation to Protect Veterans from Predatory Home Lending

Washington, DC – United States Senators Elizabeth Warren (D-Mass.) and Thom Tillis (R-N.C.) today introduced the Protecting Veterans from Predatory Lending Act of 2018, bipartisan legislation that would prevent veterans from targeted predatory home loan practices by requiring lenders to
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Why Daimler Invested in a Startup That Has Labeled the World With Unique Three-Word Addresses

Mercedes-Benz debuted its new multimedia system MBUX, or Mercedes-Benz User Experience, during CES 2018 in Las Vegas. It will enter series production in 2018 in the new A‑Class. Daimler AG. By Kirsten Korosec. January 11, 2018. Daimler has taken a 10% stake in what3words, a startup whose
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Mortgage QC Analyst II

New Career Opportunity! Key Bank- Corporate has an opening for a Mortgage QC Analyst II in Columbus, OH.
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Veteran presented with mortgage-free home

DELTONA, Fla. (WOFL FOX 35) – Operation Homefront, a national nonprofit organization which assists military families, awarded a newly renovated mortgage-free home to a U.S. Army veteran, courtesy of JPMorgan Chase & Co. The Homes on the Homefront program presented Alena Smiley and her
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A Vegetable Vending App in China Has Grown to a Value of $2.8 Billion

Meicai, a China startup that helps farmers sell vegetables to restaurants, has raised $450 million in a funding round led by Tiger Global Management and China Media Capital, according to people familiar with the matter. The Beijing-based startup raised the money at a valuation of about $2.8 billion as it
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President Trump Said He'd Prefer Immigrants From Norway Over 'Shithole Countries'

President Donald Trump and Prime Minister Erna Solberg of Norway in the East Room of the White House, on Jan. 10, 2018. Cheriss May—NurPhoto/Getty Images. By Reuters. 9:06 PM EST. President Donald Trump on Thursday questioned why the United States would want to have immigrants from
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Myer scores international fashion coup with eight new labels

The new brands, which range in price from $200 for entry-level Ganni to several thousands for Lanvin and Rochas, were also chosen by the international buying team, led by Anna Sergiou​, for their appeal to Asian customers. “You'd be foolish not to recognise that in the product offering,” Ms Brewster
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2018 preview: seven key trends that will drive change in the real estate world

The first trend is the low-carbon economy. Improving the energy efficiency of buildings and transitioning to renewable energy sources should now be a strategic business priority for all real estate businesses. Developing new assets to meet low- or zero-carbon standards and retrofitting existing assets to
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NY Fed president: New tax law will hurt pricey housing markets

The housing market on Long Island and in other suburbs with high taxes and home values will be hurt by the new tax law, which limits the deductibility of state and local taxes on federal income tax returns, New York's most powerful banker warned Thursday. William C. Dudley, president of the Federal
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Clint Nuttall

Clint held many distinguished titles throughout his life including bank vice president, construction superintendent, and owner of the Apache Title Company. Additionally, he received personal letters from the U.S. Secretary of Agriculture, U.S. congressmen and numerous high-ranking bank officials.
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Colorado's Michael Bennet and Cory Gardner to US Treasury: Leave marijuana banking rules alone

Michael Bennet and Cory Gardner of Colorado have asked the U.S. Treasury to keep in place Obama-era rules that allow banks to serve marijuana companies — a preemptive move that follows last week's surprise decision by the Department of Justice to rescind its policy that generally left alone from
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Using Blockchain to Expand Access to Real Estate

Real estate ownership and investment has historically been reserved for the wealthy. Since the financial crisis, banks have buckled down to further restrict access to credit for the 99%. To buy the average-priced US home at $370,000, an individual may be required to provide at least 20% down, or almost
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One of Cincinnati's largest banks getting acquired

One of Cincinnati's largest banks has agreed to be acquired by a Pittsburgh-area bank. Foundation Bank, Greater Cincinnati's 24th-largest bank, has signed a deal to sell to Indiana, Pa.-based First Commonwealth Financial Corp. The owners of Garfield's parent, Garfield Acquisition Corp., will receive
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CalSTRS manoeuvres for 2018 trends

As CalSTRS begins 2018, Ailman is preparing to navigate the widely anticipated correction in bonds, shares and towering real estate and private equity values. Higher interest rates and uncertainties such as North Korea and Brexit add to the risks. It means charting a balance between staying in markets
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Budding Israel-India Romance Tested by Modi's Balancing Act

Before setting off for New Delhi this weekend, Israeli Prime Minister Benjamin Netanyahu received an unwelcome reminder of the maneuvering Indian counterpart Narendra Modi must perform as their countries deepen ties. In early January, Israel confirmed that India called off a $500 million missile deal
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Bay Area housing: Over-asking bids are the new normal

In the San Jose and San Francisco metropolitan areas, most homes sell for more than their asking price, according to a new Zillow report. This house in Sunnyvale sold last fall for $2,470,000 — nearly $800,000 above its listing price. Close to tech centers, once modest Sunnyvale has become one of
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South Carolina home prices on the rise, but below national jump in rates; price leap to continue in …

The price of homes across South Carolina continues to rise, but not as much as the price nationally, and a moderate increase is expected in 2018. Home prices rose 4.7 percent in 2017 in the Palmetto State. That compares to a 7 percent jump across the nation, driven mainly by a scarcity of available
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