The directive will force banks to open up their customer data and payments infrastructure to third-party personal finance management apps or payment providers at the customer's request. Data will be put back in the hands of the consumer and ignite an increased competition in the retail banking market.
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small business A recent study on the state of financing for small businesses show that as much as 82% of U.S. small businesses have their loan applications denied when they apply to a bank. Banks are simply not enthusiastic about lending money to small businesses â a disheartening revelation if you
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Each community page summarizes the neighborhoods' culture and overall feel, including the lifestyle, nearby parks, restaurants, nightlife and local schools. In addition to local real estate insights and trends, each neighborhood guide also includes a stunning video overview, helping clients connect more
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Canadian Spy Agency CSIS Labels Blockchain a âMega Trendâ … It detailed âmega trendsâ the agency was monitoring as factors which would affect economies, society, and security in the next five to 15 years. CSIS originally … This would include government services, healthcare records, and real estate.
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Investors sentiment decreased to 1.14 in 2017 Q3. Its down 2.74, from 3.88 in 2017Q2. It turned negative, as 7 investors sold Cherry Hill Mortgage Investment Corporation shares while 29 reduced holdings. 15 funds opened positions while 26 raised stakes. 7.28 million shares or 53.36% less from 15.61
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TORONTO — National home sales rose 4.5 per cent in December from the month before as buyers scrambled to nab homes ahead of stricter mortgage regulations coming into effect, the Canadian Real Estate Association said Monday. The organization's monthly report said the number of homes on the
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Aggregate home prices climbed 9 per cent in Canada in 2017 as strong gains in British Columbia offset weaker markets in Ontario during the year. The Canadian Real Estate Association reported year-end numbers Monday, showing a benchmark home sales price of $600,300 for Canada in December,
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âCornerstone is an exceptional company and a close culture match to Guild with its strong values and experienced loan professionals averaging more than 15 years in the business,â said Mary Ann McGarry, president and CEO of Guild Mortgage. âIt has been the fastest growing mortgage banker in
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Eight of the last 10 years have seen rates fall in the first week of the year, but that's not necessarily an indicator of where rates will end, Leonard Kiefer, deputy chief economist at Freddie Mac, said in a statement. Where those rates end â and how they impact the market â are still a guessing game.
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Nasdaq, Inc. (NASDAQ:NDAQ) shares were trading higher by 1.21 percent ($0.97) at $81.43 a piece in Sunday's session. It had closed the previous session at $80.46. NDAQ trades with a P/S ratio of 3.45. This is lower than the both industry's 12.8 and the wider sector's 6.35. A low price-to-sales ratio,
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The Mortgage Lender has partnered with LMS and will be using its conveyancing firm panel service Panel Link from 22 January. Panel Link gives access to a vetted, secure panel of law firms. TML deputy chief executive Peter Beaumont says: âHaving operated a restricted panel since launch, we have
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Digital Currencies Trump Cash with BITBLISSCOIN ICO. As early as January 29th, 2018, BitBlissCoin's ICO will start to innovate and evolve the global financial ecosystem by expanding the breadth of services and investment opportunities digital currencies have â whether you're an everyday consumer,
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Members of the mortgage broking industry have challenged a recently published op-ed by Richard Holden, professor of economics at the UNSW Business School, which lambasted the state of the current lending market and broker remuneration, suggesting that lenders encouraged âimprudent
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The housing market in Toronto, Canada's largest city, and nearby cities cooled dramatically in the summer after the province imposed new measures to curb speculation, including a foreign buyers tax, amid fears of a housing bubble. Analysts are divided over whether the nation's long housing boom will
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The monolith is the U.K.'s banking system. The âfinally hereâ is the debut of Open Banking as part of PSD2, which of course extends across the 28-member EU. The dance? The nimbleness with which data is used â and that's the promise and the peril. Here is a landscape where banking is dominated by
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Whether the property commands the listing's asking price may tell us a lot about the direction of the housing market in Toronto and, perhaps, the rest of Canada, too. The average national home price reached just over $496,500 in December, up 5.7 per cent from a year earlier, data released on Monday
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Atrium Mortgage Investment logo Atrium Mortgage Investment Corp (TSE:AI) declared a monthly dividend on Thursday, December 28th, TickerTech reports. Stockholders of record on Friday, January 12th will be given a dividend of 0.0733 per share on Friday, January 12th. This represents a $0.88
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Today, the U.S. Department of Housing and Urban Development, along with the rest of America, honors the life and legacy of Martin Luther King Jr. … As for HUD itself, the agency reminded Americans that King's courage, efforts and ultimately, his death, lead Congress to pass the Fair Housing Act of
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The average selling price of a home sold in December rose to $496,500, the Canadian Real Estate Association said Monday, with the group's house price index slowing to its smallest pace of gains since February 2016. The average price increased by 5.7 per cent in 2017, but the real estate agent's
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Real estate professional Justin Warthe explains what's happening in the market and what's trending for 2018.
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