Is the Cryptocurrency Bubble More Like Housing or Dotcom?

Is the Cryptocurrency Bubble More Like Housing or Dotcom?

Two of the most significant bubbles in recent history include the dotcom bubble of the 1990s and the housing bubble of the early 2000s. In some ways, these periods shared characteristics inherent to all bubbles: investor confidence proved to be too high for the underlying market to ultimately support it.
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Peer IQ Releases Q4 2017 Marketplace Lending Securitization Tracker

The easiest way to get insight into the marketplace lending securitization market is through PeerIQ's quarterly reports. It feels like every quarter brings more good news for originators and the fourth quarter of 2017 was no exception. Issuance in the quarter totaled $4.4 billion, which is another record and
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People on the Move 1.16.18

Lynn is responsible for affordable housing loans utilizing KeyBank's partnerships with Fannie Mae, Freddie Mac, Federal Housing Administration (FHA), community development lending, tax-exempt private placement bonds, and many other services for KeyBank Real Estate Capital. In the near-term,
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Lake Michigan Credit promotes Ashely DeYoung to mortgage loan originator role

GRAND RAPIDS, MI (January 16, 2018) — Lake Michigan Credit Union (LMCU) is pleased to announce that team member Ashely DeYoung has been promoted to a mortgage loan originator position. DeYoung has been with the LMCU mortgage team for over five years. She began as a mortgage setup
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Digital-only Bank Zero to launch in SA

We don't think that banking in the future will be done via bricks and mortar, and particularly we don't think that customers want to be burdened by the cost structures that come with having branches and also large head offices all over the country. The major benefit that we have is that we were able to
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Hello- I got locked out of my mobile banking APP by incorrectly answe…

Hello- I got locked out of my mobile banking APP by incorrectly answering my security question I created years ago. – Let TD Helps show you how you can reach your goals.
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New small cars unveiled at auto show but will anyone buy?

Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte. But cars — particularly small ones — are having a tough time getting buyers to look their way as SUVs grow in popularity. Car sales
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Prospect of mortgage rates relief while cashback offers face ban

According to Fianna Fáil finance spokesman Michael McGrath, the Variable Rate Mortgages Bill, which he proposed in 2016 to give the Central Bank the power to limit interest rates on mortgages, is to be subject to an expert impact assessment. This comes on the back of the Attorney General warning
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Matic CEO: Small and Mid-Sized Originators Will Follow Top Lenders' Lead in Adding …

16, 2018 /PRNewswire/ — Integrating homeowner's insurance into the mortgage origination process is a relatively new idea — and one Matic CEO Aaron Schiff anticipates will gain traction in 2018. His firm expects small and mid-sized mortgage operations will follow the lead of several marquee lenders
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New Bay Area housing trend: Living in the backyard

“I haven't put it on the market,” said Huang, “and already people are looking for it.” Huang is part of a growing group of Bay Area homeowners taking advantage of changing laws and an intense demand for housing by building small dwellings known as granny flats or in-law units in their backyards,
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Murphy Sworn In as New Jersey Governor

During his final days in office, Christie signed more than 100 bills, including measures that boosted pensions for some elected officials and pledged billions of dollars of tax credits if Amazon.com Inc. builds its second headquarters in the state. He also packed New Jersey authorities and boards with his
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Opening banking data and APIs: Land of opportunity or Pandora's box?

Accenture advises banks, Fintechs and other industry players in devising strategies to take advantage of PSD2. Anupam Majumdar and Marcus van Dalen, lead of Accenture's Payments & Open Banking consulting practice in the Netherlands and analyst with Accenture Financial Services respectively,
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Made a real estate deal? Tell us about it

On one hand, I like sleuthing and finding paper trails and story leads. Sometimes I get phone calls, sometimes text messages and other times emails from sources telling me about things they knoware happening in the commercial real estate world. That's all part of the day-to-day job of a beat reporter.
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ETFs & Stocks to Buy on Falling Dollar

A weak dollar has fueled a superb rally in blue chip companies, which derive most of their revenues from international markets. Notably, the Dow Jones climbed 25% last year, marking the best annual performance since 2013. It breached the 20,000-mark on Jan 6, 2017 and moved up 5,000-points last
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2018 Design Trends

It's the beginning of a new year, so there's no better time to start to refresh your home's design.
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Mortgage Default Rates Tick Up

The first mortgage default rate rose from 0.66 percent in November to 0.68 percent in December; in December 2016, the rate was 0.71 percent. The second mortgage default rate rose from 1.08 percent in November to 1.22 percent in December; the rate was 0.41 percent in December 2016.
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UAE's Sharjah launches 735 mln USD real estate projects

ABU DHABI, Jan. 16 (Xinhua) — The United Arab Emirates' (UAE) sheikhdom of Sharjah unveiled on Tuesday three ground-breaking projects worth 2.7 billion dirhams (735 million U.S. dollars). The residential, hospitality and commercial real estate projects are named Maryam Island, Kalba Waterfront
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House prices soar in the Midlands but London market continues to cool

House price growth is soaring in the Midlands, while the market in London continues to decline, according to official data. The latest figures from the Office for National Statistics show that in the year to the end November the average property price in the West Midlands went up by 7.2 per cent, followed
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Here's What Analysts Are Saying About the $1.7 Billion BP Hit

Crews battle a fire on theDeepwater Horizon rig on April 21, 2010. Photographer: U.S. Coast Guard/Getty Images North America. BP shares fell the most among European energy companies after announcing a charge of about $1.7 billion as part of the Deepwater Horizon disaster's class-action
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Cincinnati might have just added a Fortune 500 company

Greater Cincinnati payments processor Vantiv Inc. has completed its acquisition of a British-based company in a deal that should move it onto the vaunted Fortune 500 list. Symmes Township-based Vantiv (NYSE: VNTV) acquired London-based Worldpay Group for 8 billion British pounds, which comes
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Bitcoin Steadies From 26% Slump as Traders Brave Volatility

Bitcoin Steadies From 26% Slump as Traders Brave Volatility

The largest digital currency rose 4.7 percent to $11,190 at 10:35 a.m. in Hong Kong, recovering some ground after slumping as much as 26 percent Tuesday according to Bloomberg composite pricing. Ripple added 10 percent while Ethereum rose about 6 percent as rival cryptocurrencies also
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Trump's CFPB to Rewrite Rule That Cracked Down on Payday Lenders

The payday lending rule limits how often indebted consumers can obtain short-term loans and how much money they can borrow. It applies to businesses, including banks and auto lenders, that offer loans with high interest rates that typically have to be repaid within two to four weeks. Until the CFPB
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Bannon Subpoenaed By Mueller, CFPB Backs Away From Payday Lending Rule, and Trump …

Bannon Subpoenaed By Mueller, CFPB Backs Away From Payday Lending Rule, and Trump Admin. Appeals DACA Decision to Supreme Court: P.M. … The Consumer Financial Protection Bureau will “reconsider” its controversial payday lending rules. Trump will appeal a 9th Circuit ruling blocking his
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Mark Cuban Says Mavericks to Accept Cryptocurrencies Next Year

Nerlens Noel of the Dallas Mavericks dunks the ball against the Memphis Grizzlies on April 12, 2017. Photographer: Joe Murphy/NBAE via Getty Images. The Dallas Mavericks are getting on the cryptocurrency bandwagon. Mavericks owner and tech entrepreneur Mark Cuban tweeted “next season” after
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Cincinnati might have just gained a Fortune 500 company

CINCINNATI (Cincinnati Business Courier) – Greater Cincinnati payments processor Vantiv Inc. has completed its acquisition of a British-based company in a deal that should move it onto the vaunted Fortune 500 list.Symmes Township-based Vantiv (NYSE: VNTV)
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AG Frosh joins call for allowing banks to support medical marijuana

Maryland Attorney General Brian E. Frosh and other state attorneys general want Congress to support legislation that would open the banking system to the medical or recreational marijuana business in states where those industries are legal. In states that have legalized use, the industry has operated
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Better Mortgage Is A Digital Home Loan Aimed Squarely At Millennials

Vishal Garg, founder and CEO: Better Mortgage is a full stack mortgage lender that has re-engineered the $13 trillion home finance industry from the ground up. By digitizing every step of the antiquated financing process, Better is working to improve access to home financing for a new generation of
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The Inland Real Estate Group of Companies, Inc. Announces its Investment Group Raised More …

OAK BROOK, Ill.–(BUSINESS WIRE)–The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation's largest commercial real estate and finance groups, announced today that its investment group collectively raised more than $800 million of capital in 2017. Additionally, Inland's
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Toronto Rental Rates Now Exceed Vancouver's, As Housing Shortage Persists

“Until there are new units built to meet this ever growing desire to live in Toronto, not much relief will come in the near future.” This may be little surprise to Torontonians, who have been grappling with a growing shortage of rental housing for years. Canada Mortgage and Housing Corp. (CMHC) reported
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UK's Falling Immigration Is a Boon for May, But Not for Business

Net immigration to the U.K. is likely to fall to 180,000 in 2018, the closest the government has come to meeting its longstanding target of a reduction to the “tens of thousands.” That's the forecast on Tuesday from the Institute of Directors. The decline by at least 50,000 is good news, on the face of it, for
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Cuomo Seeks New York Tax Revisions to Thwart Federal Changes

New York state would end income taxes on wage earners and make up the revenue with an employer payroll tax that's federally deductible as part of a restructuring plan that Governor Andrew Cuomo is recommending to mitigate harmful effects of the new U.S. tax code. The new federal law limits
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Land Use and Government Trends for 2018

​The high cost of owning or renting a home in South Florida made the topic of workforce and affordable housing a popular one in real estate development circles in 2017. The lack of affordable housing creates many problems, including inhibiting the ability of employers to recruit qualified employees.
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Marijuana-friendly states ask Congress to make banking legal for the weed industry

Because of laws that still classify it as an illicit substance on the federal level, the banking industry has yet to warm up to the burgeoning weed … laws and regulations that ensure accountability in the marijuana industry such as the SAFE Banking Act (S. 1152 and H.R. 2215) or similar legislation.
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Home prices expected to climb 2.5 per cent in 2018

In 2017, single-family detached home and condo markets split off into two different paths in Canada's two highest-priced real estate markets, Greater Vancouver and the Greater Toronto Area (GTA), a trend that is expected to continue into 2018, according to RE/MAX's 2018 Housing Market Outlook
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You'll Soon Be Able to Buy Dallas Mavericks Tickets With Bitcoin

Dallas Mavericks said to begin accepting Bitcoin, Ethereum as payment next season, says owner Mark Cuban. Kevin C. Cox—Getty Images. By Lucinda Shen. 5:43 PM EST. The Dallas Mavericks will soon be accepting ticket payments in Bitcoin and Ethereum, says owner Mark Cuban. After a Twitter
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Changes to graduate lending policy are long overdue

House Republicans have endorsed a bill that would reduce the availability of federal loans for grad students. Is that a bad thing?
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Summit Bank offers advanced integration with Quickbooks

In today's evolving nancial realm, businesses seek ef ciencies through automation and integration. Introducing Direct Connect, which gives business online banking users the ability to download account information into QuickBooks®. Direct Connect gives our clients the power to manage their business
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AllianceBernstein, Cementos Pacasmayo, Freddie Mac and Merck Honored at MicroStrategy World …

LAS VEGAS–(BUSINESS WIRE)–MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today presented MicroStrategy Customer Awards to AllianceBernstein L.P., Cementos Pacasmayo, Freddie Mac, and Merck. These global leaders
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Brazil's MRV home sales jump amid real estate turnaround

SAO PAULO, Jan 16 (Reuters) РContracted sales at MRV Engenharia e Participa̵̤es SA jumped 34.2 percent in the fourth quarter year-on-year, reaching 1.7 billion reais ($527 million), as Brazil's largest homebuilder benefits from a nationwide real estate rebound. In a statement on Tuesday, the
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ERA Real Estate Expands Arkansas Presence With New Affiliation

ERA Real Estate has expanded its Arkansas presence with a new affiliation, the company recently announced. Conway, Ark.-based ERA TEAM Real Estate has acquired Pam McDowell Properties, bringing its agent count to more than 60. The firm, led by Broker/Owner Tracey Tidwell and Executive
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Bitcoin More Important Than iPhone to Growth at Some Asian Firms

Bitcoin More Important Than iPhone to Growth at Some Asian Firms

Taiwan Semiconductor Manufacturing Co. is one of hundreds of companies that have benefited by supplying components for Apple Inc.'s iPhone over the past 10 years. Now the world's biggest maker of bespoke microchips may see digital currencies like Bitcoin become even more important for its
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After he was forced out of the home he rented for 25 years, disabled veteran becomes a …

He put the briefcase on the floor next to him and the check on a table, where his lender and the agents and title company owner all gathered around a mountain of paperwork Friday morning. “If you hadn't pulled off this miracle,” Edwin Wyant, his agent, told Goodrich, “we all wouldn't be here.” “Oh, no, I
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Is Blockchain the Answer to Sexual Consent?

Last week, a group of French women, among them the storied actress Catherine Deneuve, wrote a letter to proclaim that the #MeToo movement had gone too far (she later apologized). In addition to asserting that the movement had turned into a witch hunt, the authors described the fallout as an
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Bitcoin in Dubai real estate: is it here to stay?

It made headlines around the globe when Dubai became one of the first in the world where residential real estate could be bought and sold in bitcoin or similar digital currencies. In September, the Aston Plaza and Residences development in Dubai Science Park began offering off-plan studios and one-
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Movement Mortgage adds Stephen Polacek as chief credit officer

Movement Mortgage, one of the nation's largest purchase mortgage lenders, announced this week that it hired Stephen Polacek to serve as the company's new … Polacek brings more than 30 years of experience in credit, risk management, regulatory compliance, and mortgage finance to Movement.
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CFPB Announces Reconsideration of Rule for Small Dollar Lending Market

The Consumer Financial Protection Bureau is reconsidering its final rule for the small dollar lending market, also known as the payday lending rule, according to a statement issued from the bureau Jan. 16, the date the rule became effective. The bureau's announcement is an example of how new
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Deal of Fortune (Adults 5 Rockin Stars Lively)

Does anyone know which resorts are used for this Cheap Caribbean deal besides Breathless Riviera Maya? Are they the same ones used for Deal Of Fortune Adults Only Riviera Maya?
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Vice President Real Estate Aounting Manager

The ideal candidate will have hands-on, Real Estate specific accounting expertise and have demonstrated capabilities in managing the administrative function of real estate fund structures (Investment Funds and SPVs) , including open- ended structures. We are specifically looking for a senior staff
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There's a $45 billion war raging over the pickup you'll buy next

This week at the North American International Auto Show in Detroit, each of Detroit's so-called Big 3-Fiat Chrysler, Ford and General Motors -is showing off a new pickup truck in the hopes of tempting customers currently wedded to a rival, or at the very least keeping its own drivers from straying. Pickups
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Property developer issues title deeds

“If you come in groups such as housing co-operatives, we reduce the prices of the stands. “We are aware that the market has been hit by lack of disposable income and as such we are offering customer-friendly packages like issuing title deeds to enable home seekers to access mortage loans even
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The Growing Divide Between Inflation And Home Value

As a result, the CPI is ostensibly tailored to reflect and reinforce home value within an economic environment. That also means that real estate prices can move needle on inflation pretty substantially, which can have some alarming consequences if actual home values don't match up to the rest of the
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Large senior housing complex starting at Prairie Winds

MANKATO — Minneapolis-based Oppidan has joined the booming senior housing market in Mankato as it begins construction on a 118-unit senior living community in the Prairie Winds development along Highway 22 on the east edge of town. Paul Tucci, vice president of development for Oppidan,
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MGM real estate spinoff wants to buy Caesars real estate company

“There is no regulatory oversight or approval required if this is a straight ahead real estate REIT purchase,” Alamo said. Companies like MGM Resorts International form REIT spinoffs because of the their unique tax advantages. REITS get significant tax breaks as long they distribute at least 90 percent of
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BitConnect is shutting down its lending and exchange platform

Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down. In a blog post – titled “Changes coming for the Bitconnect [sic] system – Halt of lending and exchange platform”
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Fannie Mae selects advisory panel for sustainable housing challenge

Fannie Mae hopes these communities will address the nation's affordable housing crisis. Proposals will be evaluated against a predetermined set of criteria set forth in the request for proposal, and will go through multiple rounds of review, including a semi-final review by the expert advisory panel.
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CFPB to 'Reconsider' Small-Dollar Lending Rule

The Consumer Financial Protection Bureau today said it would begin a rulemaking under which the CFPB “may reconsider” its rule intended to short-term, small-dollar loans. Today is the rule's effective date, although most provisions do not require compliance until Aug. 19, 2019. Finalized in October
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Action 9: Hurricane mortgage relief nightmare

ORLANDO, Fla. – It's not the Hurricane Irma relief two local families expected after their bank postponed mortgage payments for three months. Both thought the payments would come due at the end of their loan, but they said Wells Fargo wants it all paid back or the families could face foreclosure.
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Consumer protection bureau changes direction, will reconsider rule that sets stricter limits on …

The Consumer Financial Protection Bureau said on Tuesday that it will reconsider a wide-ranging rule targeting the billions of dollars in fees collected by payday lenders offering high-cost, short-term loans. The move would be the most stark example yet of the direction the Trump administration plans to
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Janelle Woods-McNish Appointed to Needham Bank Advisory Council

NEEDHAM, MA—Needham Bank announced today that Janelle Woods-McNish has joined the Bank's Advisory Council. Ms. Woods-McNish is currently the Director of Service and Giving for the Harvard Pilgrim Healthcare Foundation and holds a Bachelor's Degree from Texas A&M, a Master's in
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Weirton ranked among five most affordable housing markets in the US

“We have people who live here, who are working here, and it gives them the commitment and the resources to not only stay in their home but invest in their home, and other people who are moving here for employment opportunities to find a home here, an affordable home,” said Pat Ford, executive
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10 biggest crypto-currencies lose over $100 billion in 24 hours Fortune

10 biggest crypto-currencies lose over $100 billion in 24 hours Fortune

Bitcoin and other digital currencies have always been volatile, so a big daily drop is not unusual.
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PBS 'Me Too' TV Series Will Explore the Anti-Sexual Harassment Movement

Sexual misconduct and harassment has dominated headlines and conversations for several months now, as more and more women step forward with allegations against powerful men in a variety of industries and settings. Soon, that massive cultural shift will be the focus of a new television series aimed
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BitConnect announces shutdown. Owners of BCC cryptocurrency are panicking

This is to inform all community members that we are closing the Bitconnect lending and exchange platform. We are closing the lending operation immediately with the release of all outstanding loans. With release of your entire active loan in the lending wallet we are transferring all your lending wallet
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BidaskClub Downgrades AGNC Investment (NASDAQ:AGNC) to Sell

AGNC Investment Corp. logo BidaskClub lowered shares of AGNC Investment (NASDAQ:AGNC) from a hold rating to a sell rating in a research note issued to investors on Saturday, January 6th. Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of
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Analyst Dick Bove calls JP Morgan 'probably the best bank I have ever followed in 5 decades'

A good start to the year is only going to get better for JP Morgan Chase, according to veteran banking analyst Dick Bove. In the wake of fourth-quarter earnings that beat Wall Street expectations despite a weak trading environment and a writedown from tax reform legislation, Bove, of the Vertical Group,
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Nintendo Switch Owners Hold Out Hope for Netflix Streaming

Nintendo Switch owners have waited for Netflix streaming ever since the gaming consoles debuted nearly a year ago. And based on a recent comment from Netflix, there's still may be hope that streaming is coming. A Twitter user tweeted at Netflix's customer service account over the weekend to ask if
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Number of first time buyer mortgages rises 15% in November

The £5.6bn of new lending in the month was 16.7 per cent more year-on-year. The average first-time buyer is 30 and has an income of £40,000. There were 36,200 new home mover mortgages in the month, some 16.8 per cent more than in the same month a year earlier. The £7.5bn of new lending in
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Australia's ME Bank Selects FIS as New Cards Platform Provider

FIS today announced that it has been selected by ME Bank, a direct bank based in Australia, as its new cards platform provider.
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Commentary: Why Is Pfizer Giving Up on Parkinson's and Alzheimer's?

Scientist Joan Cao works in a lab at Pfizer on Friday, August 21, 2009 in San Diego, CA. Sandy Huffaker Corbis via Getty Images. By Allan Hugh Cole Jr. 2:16 PM EST. The pharmaceutical company Pfizer (pfe, -0.03%), perhaps best known for its erectile dysfunction drug Viagra, recently announced that
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The Newest New York City Real Estate Laws That Property Owners and Occupants Must Know in …

2017 was an astounding year in New York City real estate. Especially on August 9, 2017, but to become effective at scattered times over the ensuing year, the City Council enacted numerous provisions falling into three distinct areas: general property owner/landlord and shareholder/unit owner/tenant
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UK banks and why Lloyds is worth more

Spooked by Brexit uncertainty, European investors continue to give British lenders including Lloyds Banking Group (LLOY) and Barclays (BARC) a wide berth. But, as analysts at investment bank UBS have pointed out in a banking note this week, there's a price at which any investment is attractive.
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McDonald's Plans Environmental Push to Help Boost Its Image

McDonald's, in a bid to polish its reputation, has announced plans to recycle customer trash at all of its 37,000 restaurants by 2025. In addition, the company says it will make the packaging for its products more environmentally friendly as well. “Customers have told us that packaging waste is the top
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Is Buying ChinaCache International Holdings Ltd. (CCIH) Here a Winning Strategy? The Stock …

The chart of ChinaCache International Holdings Ltd. (CCIH) shows a double top with $2.58 target or 9.00 % above today's $2.37 share price. The 6 months chart pattern indicates low risk for the $60.63M company. It was reported on Jan, 16 by Finviz.com. If the $2.58 price target is reached, the company
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Is Buying Hill International, Inc. (HIL) Here a Winning Strategy? The Stock Formed Double Top …

Investors sentiment increased to 1.18 in Q3 2017. Its up 0.45, from 0.73 in 2017Q2. It is positive, as 7 investors sold Hill International, Inc. shares while 15 reduced holdings. 6 funds opened positions while 20 raised stakes. 23.04 million shares or 2.01% less from 23.51 million shares in 2017Q2 were
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Nutella Maker to Pay $2.8 Billion for Nestle US Candy Unit

Bloomberg's Nabila Ahmed reports on the sale of Nestle's U.S. confectionery unit to ferro Spa. Nestle SA agreed to sell its U.S. confectionery unit to Ferrero SpA, the Italian maker of Nutella, in the first substantial step away from the candy industry by the company that invented milk chocolate. The sale of
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The Iced-Tea Company That Pivoted to Blockchain Heads to UK

Long Blockchain Corp., the beverage business that reinvented itself as a crypto company, is continuing the transformation by teaming up with a British firm specializing in the technology that powers digital-currency transactions. The former Long Island Iced Tea Corp. on Tuesday announced that it had a
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Zacks: Reading International, Inc. (RDI) Receives Average Recommendation of “Strong Buy” from …

Reading International logo Shares of Reading International, Inc. (NASDAQ:RDI) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy
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Judge denies Wells Fargo's bid to dismiss city of Philadelphia's predatory lending lawsuit

A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co.'s motion to dismiss the city's lawsuit accusing the bank of engaging in discriminatory mortgage lending practices targeting minority borrowers. U.S. District Judge Anita Brody said Philadelphia can pursue its complaint alleging that
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Joseph Rice, Bank Chief Who Fought Hostile Takeover, Dies at 93

Joseph A. Rice, who, as the head of a New York bank in the 1980s, played a leading role in a corporate battle that shook up an industry that had mostly avoided such fights, died on Jan. 8 at his home in New Paltz, N.Y. He was 93. His death was confirmed by his son Philip. Joseph Rice was the
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Wells Fargo Can't Escape Philadelphia's Lawsuit Over Discriminatory Lending

A lawsuit filed by the city of Philadelphia against Wells Fargo alleging the bank engaged in discriminatory mortgage-lending practices against black and Latino residents of the city has been allowed to proceed. U.S. District Judge Anita B. Brody of the Eastern District of Pennsylvania denied Wells Fargo's
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Trump Sidesteps Escalating Gulf Tensions in Call Praising Qatar

Trump Sidesteps Escalating Gulf Tensions in Call Praising Qatar

A call between President Donald Trump and Qatar's ruler on Monday was notable for what it didn't include — a reference to the escalation in the long-running dispute between U.S. allies in the Gulf. Trump thanked Emir Tamim bin Hamad Al Thani for “Qatari action to counter terrorism and extremism in all
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Danger of “Break Up Big Banks” Rhetoric in Promoting Deregulation

As the New York Times details today, the banking industry is gaining support in the Senate for weakening Dodd-Frank banking rules, mostly by limiting regulation on banks with less than $250 billion in assets.
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Silver Star pledges support for boxing as Dogboe visits company

Isaac Dogboe, the WBO Interim Super Bantamweight Champion and his team from Rising Star Promotions were at the premises of Silver Star Auto Ltd (SSAL) on the Graphic road, on Thursday, 11th January 2018, to present the title he won against his Mexican opponent, Cesar Juarez, on Saturday, 6th
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Spot trends and buy/sell signals: International Paper Company (IP), Cloudera, Inc. (CLDR)

Following some medium-term indicators on shares of International Paper Company (IP), we can see that the 40-day commodity channel index signal is presently Buy while the 50-day Parabolic SAR generates a Buy signal. After a recent check, the stock's first resistance level is $62.56. On the other side,
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Equitable Bank introduces high interest savings account

Equitable Bank, a subsidiary of Toronto-based Equitable Group Inc. has launched Path Home Plan, a reverse mortgage that gives Canadian homeowners aged 55 and over a way to tap into the equity in their homes. The reverse mortgage, also known as an equity release solution, will initially be
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Provident shares take another tumble

​Provident first warned about problems at its door-to-door lending operation in late June after a ​badly executed reorganisation led to a shortage of staff. It said in August the situation had deteriorated and the business would lose between ​£​80​m​ and ​£​120​m in 2017. The doorstep lending
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Platform Ventures Enhances Commercial Real Estate Investment Support for Financial Advisors

16, 2018 /PRNewswire/ — Platform Ventures, a real estate investment management firm that, through certain investment management subsidiaries, invests … its knowledge of the long-term cycles and macro-economic trends that shape the real estate market in order to create price-to-value dislocations.
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Facebook's New Feed and the News

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. Facebook (fb, -4.53%) was one of the pioneers of the Silicon Valley concept of “growth hacking.” Early in its existence it recognized that while all businesses focused on metrics, many focused on the
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BP's $60 Billion Gulf Spill Tab Rises as Lawsuits Wind Down

BP Plc raised the amount it will pay this year for the Deepwater Horizon accident as thousands of lawsuits related to the biggest oil spill in U.S. history start to wind down. The 2010 explosion at a well in the Gulf of Mexico threatened BP's existence after 11 people were killed and millions of barrels of oil
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Contraceptive App Natural Cycles Blamed for Playing Role in 37 Unwanted Pregnancies

An app that promises to offer “an effective method of natural contraception” has been accused of causing nearly 40 unwanted pregnancies. Natural Cycles, which analyzes a woman's individual menstrual cycle to inform her when she's “fertile” and not, caused 37 women to become pregnant, ultimately
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Michigan-Based Capital Mortgage Funding Predicts Strong Home Purchase Sales For 2018

SOUTHFIELD, Mich., Jan. 16, 2018 (GLOBE NEWSWIRE) — With another strong year in the books, 2018 is getting off to a strong start and will continue the momentum exhibited in the last six years according to Harry J Glanz, President and Co-Founder of Capital Mortgage Funding based in Southfield,
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Workers at Apple Supplier Catcher Describe Harsh Conditions

These conditions — some described in a report Tuesday by advocacy group China Labor Watch and others in Bloomberg News interviews with Catcher workers — show the downside of a high-tech boom buoying the world's second-largest economy. Chinese recruiters play up the chance to build
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These housing markets are poised to thrive despite the downturn this year

Australia's decades-long housing boom came to an end in 2017, and this year looks to follow suit, as a majority of markets are poised to cool. However, while some of the major city markets may deteriorate, there are a number of locations which could stay resilient and buck the downturn. Harris Partners
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Movement Mortgage hires Stephen Polacek as Chief Credit Officer

Polacek has three decades of experience in credit, risk management, regulatory compliance and mortgage finance over a broad career in financial services. Most recently, Polacek served as Director, Financial Risk Management Advisory, at global advisory firm KPMG. He has also held management
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BREAKING: CFPB To Reconsider Controversial Payday Lending Rule

Law360, New York (January 16, 2018, 3:39 PM EST) — The Consumer Financial Protection Bureau on Tuesday said it plans to reopen a controversial rule that would bring federal regulations to the payday lending and auto-title lending industries, likely indicating that the rule will be significantly
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Orion Real Estate Partners Acquires 199-Unit Workforce Housing Apartment Community in Austin …

AUSTIN, TX – Los Angeles based Orion Real Estate Partners announced that it has closed on the acquisition of Triple Crown 2 Apartments, a garden-style apartment community in Austin, Texas. Built in 1973, the 199-unit property is located approximately 4.5 miles from The University of Texas at Austin,
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Catherine Pansini Has Been Recognized Among the Top in Her Industry by the Expert Network

As a thought-leader in her field, Ms. Pansini keeps her eye on the latest trends and changes within New Jersey real estate. In particular, she has recently seen a pattern that indicates a rise in the market, especially for potential sellers. She noted: “This past spring, we had multiple offers on houses, some
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Staying Safe In Racine's Property Market

Racine is seeing an economic upturn, which is also good news for the city's housing market. Racine has had a historically affordable market, and news earlier this week revealed that a Milwaukee company is investing $34m in Racine housing stock. As a result, there's never been a better time to get into
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Deutsche Bank Forms Bancassurance Partnership with Digital Broker Friendsurance

Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To drive this, Deutsche Bank said it will integrate Friendsurance's digital products – derived from 170
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10 top housing markets where homes sell above asking price

Buyers paid more than the asking price in about 24% of U.S. home sales in 2017, netting sellers an average $7,000 more over their initial asking prices, according to Zillow. The share of homes sold over the asking price has grown considerably since the start of the housing recovery in 2012 and
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NMI Holdings Inc (NMIH) Cut to “Hold” at Zacks Investment Research

NMI Holdings Inc (NMIH) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research downgraded shares of NMI Holdings Inc (NASDAQ:NMIH) from a strong-buy rating to a hold rating in a research report report published on Wednesday. According to Zacks, “NMI Holdings, Inc., through its subsidiaries, provides private mortgage insurance in the United States.
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Trump Passes Cognitive Screen And Is `Fit for Duty,' Doctor Says

Presidential physician Dr. Ronny Jackson speaks about President Donald Trump's medical exam during the daily press briefing of the White House, on Jan. 16, 2018. Photographer: Olivier Douliery/Abaca Press via AP. President Donald Trump is “fit for duty” and should remain so through his presidency,
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History Of New York Real Estate Preserved With REBNY Donation

This collection of New York City real estate history will now be available to students, researchers, and the general public for generations to come,” said REBNY President, John H. Banks. “The addition of REBNY's records to the other historical collections housed by LaGuardia, together present important
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Getting Mortgage Got Easier in Q3 2017

The report indicated that mortgage credit availability at both, Fannie Mae and Freddie Mac was at the highest level since 2011 and its credit box for borrowers had expanded more effectively than the government channels. From Q2 2011 to Q3 2017, the total risk taken by GSEs increased 86 percent from
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HomeStreet Bank Increases Minimum Wage Company-Wide

For nearly 100 years, HomeStreet Bank has maintained a shared goal across teams and regions to be the preferred and trusted provider of financial services. HomeStreet Bank offers consumer and commercial banking, mortgage lending and loans for residential construction, commercial real estate
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Price of Netscape co-founder's Palm Beach estate drops by $20M to $95M

Netscape billionaire Jim Clark has switched real estate agencies and dropped the price of his ocean-to-lake estate at 1500 S. Ocean Blvd. from $115 million to $95 million, according to the Palm Beach Board of Realtors Multiple Listing Service. Photo by Brian Lee, courtesy WoollyMammothPhoto.com.
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The Ataris' Ex-Bassist Allegedly Masterminded a $27 Million Real-Estate Scam

Today in crucial updates on music that mattered in 2003: A member of that one band popular for a Don Henley cover may have turned to a life of crime, running a national real-estate scam that stole millions. According to the Santa Barbara Independent, the Ataris' former bassist Michael Davenport was
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Senior Housing Properties Trust Announces 2017 Dividend Allocation

(2) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount. SNH's common share CUSIP number is 81721M109. This information represents final income allocations. Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not
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US NAHB housing market index likely to have dropped marginally in January

Builders have been selling homes about as quickly as they can construct them. According to Wells Fargo, buyer traffic is expected to continue to build this year, keeping builder confidence high while enjoying the insatiable buyer demand. Consensus expectations are that the NAHB Housing Market Index
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AllTogetherNow: Improving Small Business Lending in the Rochester NY Community

We are proud to announce the release of our latest data-rich report, “#AllTogetherNow: Improving Small Business Lending in the Rochester NY Community,” which looks at aggregate small business lending in 2015 and compares it to the distribution of occupied businesses for the city of Rochester,
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US Seeks North Korea Sanctions at Summit Without China, Russia

A North Korean soldier, center, looks towards the South Korean side of the truce village of Panmunjom in the Demilitarized Zone in Paju, South Korea, on July 27, 2017. Photographer: SeongJoon Cho/Bloomberg. U.S. Secretary of State Rex Tillerson called on other nations to tighten sanctions on North
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Can I Pay My Mortgage With a Credit Card?

In fact, it's generally a stretch to find companies that accept debt-for-debt payments. Whether you have the option to pay your mortgage by credit card depends on several factors, including the terms of the card issuer, your mortgage lender and your credit card's network — Visa, Mastercard, American
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Bitcoin's Power Needs May Be Overblown

When Bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to about 20.5 terawatt-hours a year, according to a report published last week by Bloomberg New Energy Finance. Miners earn bitcoin-denominated rewards for performing the complex calculations needed to confirm
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Conor McGregor to be stripped of UFC title with Ferguson vs Nurmagomedov fight on

UFC president Dana White says McGregor is running out of time to defend his title following his hiatus from the sport and it seems he may now not get the chance. A report from Russian site TASS claims Ferguson and Nurmagomedov have now set a date for the showdown. A fight between the pair has
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Former Health Secretary Tom Price Gets a New Gig as Adviser

After resigning amid scandal from his powerful post as Secretary of the U.S. Department of Health and Human Services, Tom Price has a new gig. Jackson Healthcare, a Georgia-based provider of health-care staffing and technology services, said on Tuesday that the former cabinet secretary and
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CFPB to Reconsider Obama-Era Payday-Lending Rule

WASHINGTON—The Trump administration's acting head of the Consumer Financial Protection Bureau plans to reconsider the first-ever federal restrictions on high-interest payday loans, a step that could lead to the easing of a rule opposed by the industry and some Republicans. The rule, completed
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JG Wentworth® Partners with Homes For Our Troops to Build and Donate Specially Adapted …

The J.G. Wentworth Company® is focused on providing direct-to-consumer access to financing solutions through a variety of avenues, including: mortgage lending and refinancing, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans.
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San Antonio home sales break new record in 2017

San Antonio's growing economy propelled the local housing market to another record sales year in 2017, but the supply of homes on the market remains extremely tight. Home sales in the San Antonio-New Braunfels metro area increased by 3.8 percent in 2017 to a record 30,715, up from 29,596 in
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Redfin expanding into Connecticut

The company announced Tuesday that it is launching in Connecticut and expanding its operations in North Carolina. Connecticut homeowners can now sell their homes with a Redfin agent for a 1% listing fee, subject to a minimum of $3,000. According to the company, its agents provide a complete
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Best Washington Mortgage Lenders of 2018

If you're looking for the best mortgage lenders in Washington, we've done the research. NerdWallet compared the state's leading lenders, then identified the best ones for a variety of specific loan needs. Whether you're shopping for a condo in Seattle, a classic ranch in Spokane or a cash-out refinance
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CFPB May Reconsider Payday Lending Rule

CFPB May Reconsider Payday Lending Rule

The CFPB on Tuesday announced it may reconsider its controversial payday lending rule, which became effective today. The agency said it is considering a new rulemaking concerning the rule, adding that it is changing the process for information systems under the rule to be certified by the agency.
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Buy One, Give One: British Business Tackles "Period Poverty"

… Tackles “Period Poverty”. A survey by the children's charity Plan International found that 10 percent of girls in Britain have been unable to afford sanitary products. … London: The first business in Britain aiming to address period poverty with a “buy one, give one” model has launched. For every pack of
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A Succinct Guide to Qualifying for an SBA Loan

The SBA doesn't lend money directly to small-business owners, but it does guarantee a portion of the loan, lowering the risk for the lending partners. Depending on what you want to use your SBA Loan for and how much capital you need, there are a few types of SBA Loans you should know about.
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TDs call for class actions in tracker mortgage scandal

The banking culture which led to the current tracker mortgage scandal will not change until the banks are pursued through the courts, the Oireachtas finance committee heard yesterday. Chairman John McGuinness, of Fianna Fáil, and Sinn Féin's Pearse Doherty called on Minister for Finance Paschal
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Citi's results say these four things about banking jobs now

Citi reported its fourth quarter results today. As at J.P. Morgan, there were bleak areas, but overall they weren't too bad. – Revenues at Citi's Institutional Clients Group (ICG) rose 7% and profits rose 16% in 2017 compared with 2016. At J.P. Morgan, revenues in the corporate and investment bank were
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Fame for Fortune – Annapolis Royal's much-loved Black Loyalist designated person of national …

Historical Association of Annapolis Royal president Durline Melanson commissioned this Rose Fortune postage stamp from Canada Post. A limited number were distributed to descendants of Rose Fortune.
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4 HR management trends coming to 2018

(For example, American Express reports saving $10 to $15 million per year in real estate costs because of its telecommuting program.) However, many executives remain uncomfortable with the idea, and not all jobs or industries lend themselves to telecommuting. But the demand isn't likely to go away.
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Banks are Big Winners from Tax Cut

Citigroup said on Tuesday that it would take a one-time $22 billion hit from the tax law, largely related to the bank's tax-deferred assets, which now must be recalibrated to reflect the lower corporate rate. In a news release, Citigroup chief executive Michael Corbat said the law nevertheless “not only leads
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US Consumer Bureau to Reconsider Payday Lending Rule

The rule, finalized in October under a President Barack Obama appointee and set to begin taking effect this year, would require lenders to determine if borrowers can repay debts and cap the number of … The payday lending rule was also expected to face legal challenges from companies impacted by it.
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UPDATE 1-Brazil's MRV home sales jump amid real estate turnaround

SAO PAULO, Jan 16 (Reuters) РContracted sales at MRV Engenharia e Participa̵̤es SA jumped 34.2 percent in the fourth quarter year-on-year, reaching 1.7 billion reais ($527 million), as Brazil's largest homebuilder benefits from a nationwide real estate rebound. The company said in a statement on
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Consumer Watchdog Considering Repeal of Payday Lending Rule

The bureau, which came under control of the Trump administration late last year, said in a statement Tuesday that it plans to take a second look at the payday lending rules. While the bureau did not submit a proposal to repeal the rules outright, the statement opens the door for the bureau to start the
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Consumer bureau takes first step to revising payday lending rule

Supporters say it would prevent shady lenders from trapping vulnerable customers into compounding debt they'll never be able to repay. But Republicans and the financial sector, both frequent CFPB critics, say the payday rule is a misguided attempt to curb consumer debt. They say it would instead cut
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10 Biggest Crypto-Currencies Lose Over $100 Billion in 24 Hours

That said, Tuesday was a particularly ugly day for crypto investors as every major currency fell by anywhere from 15% to 28%. A back-of-the-envelope calculation by Fortune shows that the top 10 currencies had collectively lost $108 billon in 24 hours as of 3 pm ET on Tuesday. To put this in perspective,
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Real estate daily market update: January 16, 2018

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Tuesday, January 16. CoreLogic Loan Performance Insights Report. The 30 days or more delinquency rate for October 2016 was 5.2 percent. In October 2017, 5.1 percent of mortgages were
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Best Home Equity Lenders of 2018

NerdWallet offers financial tools and advice to help you understand your options and make the best possible decisions. The guidance we offer and information we provide are deeply researched, objective and independent. We spent over 400 hours reviewing the top mortgage lenders before selecting
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Mortgage Rates Tuesday: Movement Down and Up

The average rate on a 30-year fixed-rate mortgage fell two basis points, the rate for the 15-year fixed went up two basis points and the 5/1 ARM climbed three basis points, according to a NerdWallet survey of daily mortgage rates published by national lenders Tuesday. The average rate on the 30-year
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WK Real Estate Earns RELO Quality Certification

Boulder, Colo.-based WK Real Estate has been awarded the RELO® Quality Certification (RQC) from Leading Real Estate Companies of the World® (LeadingRE), the network recently announced. The only program of its kind, the RQC quantifies and qualifies true relocation service excellence. Modeled
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raceAhead: BlackRock's Laurence Fink Would Like A Word With Your Boss

Laurence “Larry” Fink, chairman and CEO of BlackRock, speaks during the BlackRock Asia Media Forum in Hong Kong on May 17, 2016. Photograph by Justin Chin — Bloomberg/Getty Images. By Ellen McGirt. Updated: January 16, 2018 4:27 PM ET. No essay today, as I'm racing to the finish line on a
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Dow Jones Hits 26000 Milestone

Barbara Reinhard, Voya Investment Management head of asset allocation, discusses the rally in equity markets. The Dow Jones Industrial Average plowed past 26,000 as optimism over corporate earnings turbocharged the equity bull market. Gains in companies from Boeing Co. to Caterpillar Inc. lifted
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NOTICE OF MORTGAGE FORECLOSURE

Said sale is made for the purpose of foreclosing of said mortgage, paying the mortgage debt, the costs and expenses of foreclosure, including a reasonable attorney's fee. Mortgagee reserves the right to bid on the subject property. Said mortgage is a first mortgage and is not junior to another mortgage of
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Workplace Lawyers Race Against the Trump Clock

Workplace Lawyers Race Against the Trump Clock

Litigators are settling more cases as labor agencies and federal courts fill up with business friendly appointees. By. Rebecca Greenfield. @rzgreenfield More stories by Rebecca Greenfield. January 16, 2018, 2:00 AM PST. Play Video. Play. Mute. Current Time 0:00. /. Duration Time 0:00. Loaded: 0%.
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Mortgage / Protection Adviser Opportunities BLUM59012

Mortgage / Protection Adviser Opportunities BLUM59012 in Finance & accounting with BLUE OCTOPUS RECRUITMENT LTD. Apply Today.
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Kyiv sees 6.6% decline in housing prices in past year

Read alsoExperts outline trends on Ukraine's real estate market in 2018 – media As UNIAN reported earlier, the average price of one-, two-, and three-room apartments on Kyiv's primary market from January 20, 2017, to July 19, 2017, fell by 3.37%, or $37, to $1,004 per square meter. Further, the
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Investors Say the Global Stock Rally Won't Fizzle Out Until 2019 or Beyond

A firming outlook for global growth and bullish profit expectations will keep the bull run in stocks on an even keel this year, suggesting the rally won't peak until 2019 or beyond, according to a Bank of America Corp. survey of fund managers. A poll of investors overseeing $526 billion conducted Jan.
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Tabarak buys majority stake in Abu Dhabi's Tasweek Real Estate

The acquisition comes as part of Tabarak's plans to diversify and support its real estate portfolio, which will now include Tasweek's strategic international real estate investments. “In the near future, Tasweek's current investment portfolio will witness additional projects that are directly related to Tabarak's
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Don't Like Facebook's New Strategy? Wait Five Minutes.

It's easy to imagine that powerful technology companies are all-knowing geniuses. Often, though, technology superpowers are merely a collection of mortals making best guesses in response to external threats or backlash. And when that doesn't work, they try something else. That's a useful framing to
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Wells Fargo Loses Bid to End Philadelphia Predatory Lending Lawsuit

Wells Fargo Loses Bid to End Philadelphia Predatory Lending Lawsuit … The lawsuit is one of several against big lenders by major U.S. cities claiming that mortgage lending discrimination causes more defaults by minority borrowers, lower property tax revenue, and higher costs to combat crime and
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CFPB to reconsider payday lending rule

The Consumer Financial Protection Bureau will “reconsider” its rule regulating the payday lending industry, the agency said Tuesday, raising the prospect that the Trump administration will scale back or reverse the regulations put into place by former director and Obama appointee Richard Cordray.
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CDI Expert Immobilier Real Estate Financing

01-16-2018 – Discover our job offer Expert Immobilier Real Estate Financing – h/f – CDI based in Luxembourg (reference: BAN002648) – The bank for a changing world – BNP Paribas.
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Vermont Federal Credit Union named a Vermont Housing Finance Agency (VHFA) top performer in …

BURLINGTON, VT (January 16, 2018) — Vermont Federal Credit Union was named the top credit union performer of 2017 with staff member Patricia Boyce ranked as the top credit union Mortgage Originator. VHFA's Top Performers recognizes organizations and individuals who had the highest VHFA
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Commercial Real Estate, Underwriter III (CORE)

Commercial Real Estate, Underwriter III (CORE). Apply now. Save Job ID R40455 Updated date 01/16/2018 Location New York, New York. NYC 299 Park Avenue (22957), United States of America, New York, New York. At Capital One, we're building a leading information-based technology company.
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Wealth Mgmt. Banking Specialist

Job Description:This role will team with our Financial Advisors in our Wealth Management business, bringing our solutions and services to life for our clients. They will focus the majority of their ti…
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Mortgage Capital Trading COO Phil Rasori Scheduled to Speak at the Independent Mortgage …

SAN DIEGO, Calif., Jan 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that its COO, Phil Rasori, will be speaking on a panel session at the MBA's 2018 Independent Mortgage
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Florida ethics panel to vote Friday on complaint against Naples Councilman Sam Saad

Saad acknowledged the more than a dozen 2012 legal transactions his law firm or title company handled for Axonic, but he said he severed his relationship with Shechtman because of personal differences. “I got into a personal issue with Shechtman and said, 'I'll have nothing to do with you people,'”
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Homely – Real Estate Landing Page

Buy Homely – Real Estate Landing Page by ExplicitConcepts on ThemeForest. Homely is a unique and flexible Real Estate HTML5 Landing Page. This Template offers many various possibilities which…
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National real estate broker Redfin enters Fairfield County market

“Given Connecticut's population, healthy real estate market and adjacency to other thriving Redfin markets in New York and New England, we see expansive opportunities to grow the business here,” said Taylor Connolly, the company's district manager for the Northeast. “Entering Connecticut was a
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Money-Supply Growth Near a Ten-Year Low As Lending Slows

Growth in the supply of US dollars remained near a multi-year low in December, growing 2.9 percent, year over year.In November, year-over-year growth in the money supply fell to a 129-month low, growing 2.7 percent. The last time the money supply grew at a smaller rate than November 2017's rate
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Experts warn of Africa's new debt crisis

Since the world financial crisis of 2008, there has been a boom in lending to low- and lower-middle-income country governments which more than quadrupled from $57 billion (Sh5.9 trillion) in 2007 to $260 billion (Sh26.8 trillion) by 2016. This increase came about because quantitative easing and low
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Lookout for these Two stocks: Allergan plc (NYSE), Valley National Bancorp (NYSE)

These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary
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Analyst , Securities Lending – Prime Brokerage

The Securities Lending desk is a revenue generating client facing part of the Prime Brokerage group. The desk is responsible for borrowing and lending securities to ensure the time timely settlement of client and firm trades. KEY ACCOUNTABILITIES / RESPONSIBILITIES Specific tasks will include, but
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North Korean Hacker Group Seen Behind Crypto Attack in South

North Korean Hacker Group Seen Behind Crypto Attack in South

The same North Korean hacking outfit associated with the Sony Pictures Entertainment data theft was behind attacks on South Korean cryptocurrency users and exchanges toward the end of last year, U.S.-based researchers said. Lazarus Group, an organization thought be tied to the North Korean
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Visa® Account Updater

Visa Account Updater is a service that will automatically update your Visa Debit Card number and/or expiration date on file if you have recurring payments set up using your First National Bank of Newtown Visa Debit Card. With VAU in place, will I have to inform merchants of a change to my Visa Debit
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Report: Dakota Apartments Are Becoming Harder to Sell

By David Chiu 16 January 2018 Buying & Selling Real Estate Trends. The Dakota (by Elisa Rolle, via Wikimedia Commons). Apparently the reputation of the legendary Dakota isn't even enough to attract buyers these days. According to the New York Post, two apartments at the Upper West Side pre-war
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Czech Cabinet of Billionaire Babis Fails to Win Confidence Vote

The Czech government led by billionaire Prime Minister Andrej Babis failed to win approval in parliament after mainstream parties refused cooperation with him because of concerns that he may be charged over alleged fraud. The result of the confidence vote, which was based on an unofficial count but
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The Most Expensive Street in the Nation Is…

When it comes to the priciest office rents, coastal markets dominate this aspect of the commercial real estate industry. In a new study issued by JLL Research, nine of the 10 most expensive streets for office rent are either in West or East Coast metro areas. San Francisco's Sand Hill Road (where rents
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Accomplice-Backed VentureApp Pivots to Become Real Estate Tech Startup

VentureApp, a Boston-based business messaging platform that raised a $4 million round last year led by Accomplice, announced on Tuesday that it has pivoted its focus to real estate and changed its name to HqO, short for Headquarters Optimized. The company's co-founders include Chase Garbarino,
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Gov. Cuomo Asks That New York Be Exempt From Trump's Offshore Drilling Plans

An oil worker stands on the deck of the Agbami floating production, storage and offloading vessel (FPSO), operated by Chevron Corp., in the Agbami deepwater oilfield in the Niger Delta, Nigeria, on Nov. 16, 2015. George Osodi—Bloomberg via Getty Images. By Grace Donnelly. 12:48 PM EST. Gov.
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Arizona-based AFI Mortgage opens St. Petersburg branch

AFI Mortgage, a subsidiary of an Arizona-based bank, is opening its first Florida locations in St. Petersburg and Lakeland. Its parent company, AmeriFirst Financial Inc., specializes in mortgages. “This Florida team is innovative, knowledgeable and committed to growth and customer service in the way we
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Apple, Amazon, and other tech titans could threaten big banks in one key area

S&P: “We currently do not see competition from tech titans as posing a short-term risk to our bank ratings.” But in the longer term banks could face serious competition from the likes of Apple and Google in the payments space, which can account for up to 15% of retail banks' revenues. Challenges could
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North Signs High Six-Figure Title Sponsorship Deal with GG.Bet

North Signs High Six-Figure Title Sponsorship Deal with GG.Bet … Danish team organization North has announced a title sponsorship deal with esports bookmaker, GG.Bet. … Phillip Rasmussen, Digital Marketing Manager for North, told The Esports Observer that as an endemic esports company, GG.
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Promsvyazbank upgrades mobile banking app with top-ups

Russian bank Promsvyazbank has upgraded its mobile banking application to add a top-up function, reports Cnews.ru. Retail customers of the bank can top up their bank card balances and bank accounts with Promsvyazbank from balances of bank cards issued by other Russian banks. The option is
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FHLBank Atlanta Announces 2018 Funding for Homeowners

FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members – its
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Heard on the Street: Real estate office lands new name, new landlord

A Rochester real estate business has a new owner and a new name plus a new landlord. Coldwell Banker — At Your Service Realty, … Post Properties LLC, owned by Dr. Katie Post, purchased the 7,683-square-foot office building for $1.6 million on Jan. 9. Post, who is a dentist, also owns the nearby
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Preiss Acquires 1180-Bed Student Housing Portfolio

The acquisition was financed through a 10-year, variable interest rate mortgage provided by CBRE through Freddie Mac. The financing will additionally fund renovation work on the two properties' units and amenities. “Student housing investment continues to mature and see increased investor interest
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As Seattle housing prices soar, Section 8 vouchers don't help as much as they used to

But as competition in Seattle and King County increases and housing prices soar, the power of housing vouchers is diminishing. Year after year, fewer Section 8 holders in the area are successfully leasing housing before their vouchers expire, with Seattle, in particular, seeing a dip in success rates
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Current Mortgage Rates for Tuesday, January 16, 2018

Here we go with the first trading session of the week. The good news for anyone thinking about a refinance or purchase right now is that rates are holding steady. Tomorrow will be a busier day, though, so we could see current mortgage rates move around a little more then. Read on for more details.
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Housing market to hit slow patch on back of interest rate hike, new mortgage rules

TORONTO — Canada's real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if an expected interest rate hike drives buyers to put off their home purchases, economists said Monday. The Bank of Canada will make its first
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Party Appointed Arbitrators: Does Fortune Favour The Brave?

On 12 January 2018 we released the results of our annual International Arbitration survey. In 2017 our survey focused on the issue of diversity on arbitral tribunals. This year we wanted to consider the issue of party appointed arbitrators. In recent years the system of party appointments has been the
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Nephew Admits to Stabbing Death of Aunt, Step-Uncle in Pocono Township

POCONO TOWNSHIP — A nephew is accused of killing his aunt and step-uncle in the Poconos. The bodies of a man and a woman were found inside a home near Tannersville on Monday, but police believe they were killed last week. Lancelot Fortune, 31, of Stroudsburg, is locked up in connection with
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Your Mortgage: Buying your home on a visa

Did you just say to yourself … “this guy is crazy if he is suggesting people buy a house with a credit card?” If you did, you will be pleased to know that I'm not suggesting that. I'm not talking about that kind of “Visa.” Instead, I'm talking about the kind of visa that allows people from foreign countries to enter
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Urban Institute: 'Significant Space' to 'Safely Expand the Credit Box'

Urban Institute: 'Significant Space' to 'Safely Expand the Credit Box'

Mortgage credit availability in the GSE channel – Fannie Mae and Freddie Mac – has been at the highest level since its low in 2011, according to the report. The government channel – which includes the Federal Housing Administration, the U.S. Department of Veterans Affairs, and the U.S. Department
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Fintech giant Finastra launches centre of excellence with focus on banking at Hong Kong's Cyberport

Financial technology giant Finastra launched a “centre of excellence” focusing on the future of banking in Hong Kong's Cyberport on Tuesday. Robert Smith, the chief executive of Finastra's parent, private equity fund Vista, said the new centre would not only provide a way of presenting Finastra's
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250 million euro compensation paid to tracker mortgage customers

A quarter of a billion euros has been paid to Irish tracker mortgage holders who were done out of low-cost interest rates by banks, the finance minister said. https://www.independent.ie/breaking-news/irish-news/250-million-euro-compensation-paid-to-tracker-mortgage-customers-36494955.html.
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Sorry, Bitcoin Fans. Digital Currency Is Still a Dream.

According to the website 99bitcoins.com, there are 89 companies that claim to accept Bitcoin as currency, including Subway, the Massachusetts Institute of Technology bookstore, and the Museum of the Coastal Bend in Victoria, Texas. But I can't imagine anyone actually using it to pay for something.
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Sanders Says Trump Isn't Racist, Citing 'The Apprentice'

White House Press Secretary Sarah Sanders said claims that President Donald Trump is racist are “outrageous,” citing his success as a public figure and his star turn on television as a host on NBC's reality show “The Apprentice.” “Frankly, if the critics of the president were who he said he was, why did
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Credit scores in reperforming loan securitizations drifting lower

The weighted average FICO credit scores of securitized reperforming loans are showing some deterioration, according to a DBRS study of bonds issued since 2015. “For certain programmatic issuers, WA FICO scores have declined between 15 points and 20 points since program inception,” said DBRS
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Where Banks and Tech Are Going Head to Head

Big tech has a new opening to disrupt the big banks. A tussle to create a killer banking app is shaping up. Thanks to “open banking” rules that take effect this month, consumers' account information in Europe is no longer the exclusive domain of banks. Lenders will have to cough up their customers' data
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Bitcoin's Slump Is Even Steeper Compared With Smaller Cryptos

Bitcoin, the largest cryptocurrency, has sputtered out the gate this year and fell as much as 20 percent to about $11,200 Tuesday, the lowest since December. But while regulatory concerns have turned most major crypto markets into a sea of red this month, smaller cryptos have rallied. Bitcoin's
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Sessions Cites a Study Ordered by Trump to Back Visa Limits

The Trump administration released a study Tuesday claiming that most people convicted in U.S. courts of crimes related to international terrorism are foreign-born, a move that amplifies the president's efforts to invoke national security concerns to justify tighter immigration policies. Attorney General Jeff
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Trump Anxiety, Harassment Fallout to Dominate Davos Forum

The World Economic Forum's annual meeting in Davos, Switzerland, next week will host its usual line-up of industry titans, globe-trotting financiers and politicians of all ideological hues. The gathering is still almost certain to be dominated by just one of them: Donald J. Trump. The most controversial
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Merkel Coalition Opposes AfD Chairing Budget Committee, Sources Say

Lawmakers from German Chancellor Angela Merkel's caretaker government are trying to stop the far-right Alternative for Germany party from chairing a key committee in the Bundestag, according to two people familiar with the plans. Merkel's Christian Democrat-led bloc and the Social Democratic Party
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Real estate may come under GST from 1 April; changes in land law likely in Budget session, says …

Mumbai: To enhance transparency in property transactions, the GST Council is expected to bring the real estate sector under the purview of the unified indirect tax regime GST from 1 April next, an expert has said. “It could be introduced from 1st April, and the legislative changes could be done in this
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Property trends and challenges highlighted at international conference

The conference brings together leading thinkers and practitioners in disciplines of property and real estate. Its 2018 theme is “Property research for our changing world”, and it covers broad ground, including housing markets, urban planning and design, sustainability, behaviour economics, property
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David M. Dworkin Named National Housing Conference Chief

The National Housing Conference (NHC) has named David M. Dworkin as its next president and CEO. Dworkin joins NHC from the U.S. Treasury Department, where he most recently has served as a senior housing policy advisor in the Office of Domestic Finance. During the Obama Administration,
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Uzbek commercial banks increase investment lending

Commercial banks of Uzbekistan in 2017 provided investment loans worth 16.1 trillion soums, which is 1.3 times more than in 2016, the Central Bank of Uzbekistan said in a message on Jan.16. The Central Bank notes that when issuing investment loans, banks focused on ensuring timely and full
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Structuring a lending transaction in Mexico

Even though it is not expressly regulated by Mexican law, it is common practice to appoint a facility agent to represent the interests of the syndicated lenders against the borrowers. These kinds of appointment are recognised by Mexican courts. This also applies to loan securities derived from a public
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Shares Running -2.42% on Volume: Freddie Mac (FMCC)

Needle moving action has been spotted in Freddie Mac (FMCC) as shares are moving today on volatility -2.42% or -0.05 from the open. The OTC listed company saw a recent bid of 2.0200 and 623683 shares have traded hands in the session. Investors might be looking to find some bargains to add to
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Realtors concerned about affordable housing in Orlando area

A shortage of Orlando houses on the market — particularly in affordable price ranges — is a concern for the region's leading industry group leading into 2018. The core Orlando housing market, which includes mostly Orange and Seminole counties, had the lowest year-end supply of listings in more than
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Donald Trump: US Trade Deficit With China Is Not Sustainable

President Donald Trump told Chinese President Xi Jinping that the growing U.S. trade deficit with China isn't sustainable, the White House said in a statement Tuesday. Trump spoke with Xi on Monday to discuss trade, as well as the talks between Pyongyang and Seoul, according to the statement.
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Michael Jordaan in new banking venture

Michael Jordaan, former First National Bank CEO and technology entrepreneur, is set to launch a new bank that mirrors today's digital world. It is expected to debut in the fourth quarter of 2018. Founded by Jordaan and Yatin Narsai, a banking innovator, Bank Zero is described as “a unique and fresh
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