All Senate Democrats Endorse Resolution on Net Neutrality Change

All Senate Democrats Endorse Resolution on Net Neutrality Change

All 49 senators who caucus with the Democrats have signed on to a measure to undo the Republican-led gutting of Obama-era net neutrality rules, a clear signal that they have more than internet policy in mind as they move to force a vote. They're looking forward to wielding the issue in the fall elections.
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Shurooq, Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah

The three projects are the first to be developed by Eagle Hills Sharjah Development, a partnership between the Sharjah Investment and Development Authority (Shurooq) and Abu Dhabi-based real estate developer Eagle Hills. Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and
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Homelessness, housing top agenda as lawmakers reconvene

FILE – In this May 5, 2016, file photo, tents line a park at a homeless encampment in Honolulu. Policies to address the nation's highest per capita homeless rate and a chronic housing shortage are expected to top the agenda for Hawaii lawmakers when they open their new legislative session.
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Investment bank regulation flagged as next Brexit flashpoint

The Bank of England's top supervisor has warned that differences between European and UK regulators over how to treat investment banks after Brexit may be a flashpoint in discussions, with the fate of 25 of the largest European-headquartered institutions hanging in the balance. Sam Woods, head of
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2017 a strong year for Big Island real estate

HILO — The Big Island real estate market ended 2017 in a strong position after residential sales increased islandwide from 2016. Not only did the final quarter of 2017 see residential property sales on Hawaii Island rise slightly — from 2,307 in 2016 to 2,494 — the median residential sales price
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Active US Real Estate Powershares (PSR) Watching the MFI Levels Intensely

At the time of writing, the 14-day ADX for Active US Real Estate Powershares (PSR) is 25.46. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend
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Freddie Mac Leads Nation as Top Multifamily Lender for Third Straight Year

MCLEAN, VA–(Marketwired – Jan 16, 2018) – Freddie Mac ( OTCQB : FMCC) today announced it has financed a record-setting $73.2 billion in loan purchase and guarantee volume for 2017 — retaining its designation as the nation's top multifamily financier for the third consecutive year. Buoyed by a host
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Big Six have now all raised mortgage rates as Bank of Canada decision looms

Bank of Montreal has likewise lifted rates, raising its posted five-year, fixed-rate mortgage to 5.14 per cent from 4.99 per cent, as well as hiking its posted four-year fixed-rate 55 basis points to 4.79 per cent, among other adjustments. National Bank Financial analyst Gabriel Dechaine said last week in a
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Property market in India: Why 2018 won't be just another year for home buyers and developers alike

The government of India, under its 'Housing for All by 2022' mission, has set an ambitious target of providing at least 2 crore homes by year 2022 and half of these are expected to be completed by 2019. Clearly, with 2018 the sector will usher into an all new phase of growth and development wherein
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340 Billion Gallons of Sludge Spur Environmental Fears in Canada

Amid the bogs and forests of northern Alberta, in the heart of the Canadian oil patch, lie some of the largest waste dumps of the global energy business. In the shadow of the pipes and smokestacks that turn oil sands into flowing crude, earthen dams as long as 11 miles encircle lakes of toxic sludge, the
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Mar-a-Lago Dinged for Poor Maintenance

Mar-a-Lago, the Trump property that recently doubled its initiation fees to $200,000, had to make a number of emergency repairs in November to pass its latest inspection, according to a new report. And some of the risks were significant. Two issues—the lack of smoke detectors with flashing lights (which
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US class action lawsuit issues opens door to blockchain lending

Lendingblock founder Steve Swain has claimed that blockchain is an answer to issues with today's securities lending market that motivated several US pensions funds to sue six investment banks, including Goldman Sachs and J.P. Morgan for malpractice relating to their lending programmes. According
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Immigration impasse may shut down federal government

But what about the federal agencies that affect the housing business? Here's the last shutdown contingency plan for the Department of Housing and Urban Development. Shutdowns don't affect operations at the Consumer Financial Protection Bureau because the agency's funding comes not from
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Mortgage borrowers spring into action

Mortgage borrowers appear to have been spurred into life by last year's rise in the base rate, after official figures revealed a sharp upturn in mortgage activity in November. According to the latest data from UK Finance, around 38,400 remortgages were arranged last November – 8.5% more than in the
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Inland Real Estate Acquisitions Closes Purchase of 408-Unit Multifamily Community in Aurora …

AURORA, CO РInland Real Estate Acquisitions that it negotiated and closed the purchase of Apr̬s Apartments, a 408-unit multifamily property located in Aurora, Colorado, an eastern suburb of Denver. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, LLC, completed the deal, with
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Moody's: Home loan arrears are declining

Home loan arrears declined from the June to September quarters, with the shadow lending sector experiencing the biggest improvement in arrears rates, according to Moody's Investors Service. Loans overdue 30 days on prime mortgages fell from 1.62% at the end of the June quarter to 1.54% in the
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Freddie Mac 5.10 Pfd (FMCCH) Shares Tumble -1.54% for Week

Shares of Freddie Mac 5.10 Pfd (FMCCH) have been trending lower over the past five bars, revealing bearish momentum for the shares, as they ran -1.54% for the week. Looking further out we note that the shares have moved 21.90% over the past 4-weeks, 39.28% over the past half year and 106.12%
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As Bitcoin, Ethereum, and Ripple Plunge, These Cryptocurrencies Are on the Rise

Bitcoin's tremendous drop in the past 24 hours is having a domino effect—on Ripple, Ethereum, and pretty much every other cryptocurrency that's traded. Massive selloffs, for reasons that are not yet clear, are resulting in drops of 15 to 30% for the 100 top digital currencies, as ranked by CoinMarketCap.
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How artificial intelligence (AI) services are transforming banking

The insurance industry has so far outpaced the banking and asset management industries in terms of how frequently they use AI services to make important business decisions. While 54 percent of insurance companies are already using AI for these purposes, only 34 percent of banking institutions are
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UK Finance: housing market activity remains buoyant

UK's Finance has reported steady increases in mortgage lending for first-time-buyers and home movers in November 2017, compared to the previous month and the equivalent period in 2016. There were 34,800 new first-time buyer mortgages in the month, some 15.2% more than in the same month a
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Housing Demands are Changing, Builders Slow to Follow

Housing Demands are Changing, Builders Slow to Follow

Builders are building more houses, but a survey conducted by the National Association of Home Builders (NAHB) found they are essentially building the same ones. The survey, released during the association's International Builders' Show last week, found the size and configuration of homes built in
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Broker/lender relations – a sense check

What really is the relationship between lenders and brokers? Current UK Finance estimates suggest intermediaries are responsible for around 70% of all mortgage applications submitted to lenders. However, there are widely held views that intermediary introductions are at their highest and can only go
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Realtors Hit New Sales Mark In 2017

As of January 11, the average 30-year fixed rate mortgage was 3.99 percent, as reported by loan giant Freddie Mac. That was up from 3.95 percent the previous week. The average 15-year fix rate was 3.44 percent. Although interest rates have been increasing, coincidentally, they are roughly at the
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Ally Financial Inc. (ALLY) Touches $30.56 High on Jan, 16; Dynex Capital Has 2.03 Sentiment

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. The stock of Ally Financial Inc. (NYSE:ALLY) reached all time high today, Jan, 16 and still has $32.39 target or 6.00% above today's
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Is Buying Heidrick & Struggles International, Inc. (HSII) Here a Winning Strategy? The Stock …

Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.05, from 1.29 in 2017Q2. It improved, as 7 investors sold Heidrick & Struggles International, Inc. shares while 31 reduced holdings. 15 funds opened positions while 36 raised stakes. 15.45 million shares or 1.72% less from 15.73 million shares in
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The Commercial Banking System In 2017

The commercial banking system did pretty well in 2017, where total assets rose by 4.4 percent, although lending increased by only 3.6 percent. The two biggest growth areas in bank lending in 2017 were in commercial real estate lending and in consumer lending. By the end of September, the number of
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Mentally ill man killed aunt, her husband in Poconos, police say

Lancelot Tyree Fortune, 31, of the 800 block of Sarah Street in Stroudsburg, was arraigned Monday night on homicide charges in the deaths of his aunt, 56-year-old Sharon Fortune, and her husband, 54-year-old Richard B. Fells, at their home in Tannersville, Pocono Township. Lancelot Fortune was
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Flaws remain in euro zone banking oversight

Ever since the 2008 financial crisis, the largest banks in the euro zone are closely supervised by the European Central Bank (ECB). But a new report from the European Court of Auditors (ECA) says there's still room for improvement — particularly when it comes to crisis management. “Many things have
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Macau | Proposed government measures to solve Macau's housing problems ineffective – JLL Macau

Macau (MNA) – JLL Macau representatives believe assuring a steady supply of land to the local real estate market and setting up a property ladder that provides opportunities for home upgrading from the public to private housing segment would be a more effective move from the Macau government to
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MGM Resorts International's (MGM) Overweight Rating Reiterated at JPMorgan Chase & Co.

Morgan Stanley set a $34.00 price objective on MGM Resorts International and gave the company a buy rating in a report on Friday, October 13th. Deutsche Bank downgraded MGM Resorts International from a buy rating to a hold rating and set a $36.00 price objective for the company. in a report on
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DTCC hires new data services director

The Depository Trust & Clearing Corporation (DTCC) has appointed Timothy Lind as managing director of data services. Lind will be responsible for guiding data businesses, including services that leverage data derived from DTCC's global processing platforms, as well as monitoring all risk
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Senior Consultant – Process Improvement – Fortune 500 Law Firms

Salary: £50k – £75k pa, Job Type: Permanent, Duration: , Start Date: ASAP – Apply Now for this Senior Consultant – Process Improvement – Fortune 500 Law Firms vacancy!
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The American Sedan Is Dying. Long Live the SUV

With lucrative sport utility vehicle and truck sales on the ascent, Detroit automakers are racing to ditch slow-selling cars in favor of the big rigs that mint them money. Chief Executive Officer Sergio Marchionne started it off by killing the Dodge Dart and Chrysler 200 to reorient Fiat Chrysler Automobiles NV
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Google Launches New IT Course, Offers Access to Jobs and Scholarships

Meanwhile, Coursera CEO Jeff Maggioncalda tells Fortune that online learning has improved dramatically in recent years, and that it's misconception to think Internet-based course are somehow inferior to campus-based lessons. He adds that Coursera and Google, which have collaborated in the past,
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Harborview Capital Partners Closes $12.7M in Loans for Three Seattle Multifamily Apartments

SEATTLE — Harborview Capital Partners has closed three Freddie Mac loans for a total of $12.7 million. The loans were used to refinance three multifamily assets in Seattle. Harborview has now closed eight loans for this undisclosed Seattle client. The commercial real estate finance, equity and
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Brazil Is Ready for Its Own TV Star President

It was a largely uneventful appearance for TV celebrity Luciano Huck on Brazil's most-watched Sunday evening show — until he started talking about politics. That's when many viewers at home shifted in their seats, inching toward their screens. Huck then proceeded to deliver a passionate discourse on
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Finance Minister prepared to strengthen laws to pursue bankers after tracker mortgage scandal

Finance Minister Paschal Donohoe is prepared to strengthen legislation to pursue bankers who illegally took trackers off customers. Mr Donohoe told the Oireachtas Finance Committee that a “collective failing” by the banks was behind the tracker mortgage rip-off. But he cannot prejudge a Central Bank
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A Bad Start on Reforming Fannie and Freddie: Richard Koss

(Bloomberg View)—This was supposed to be the year when the U.S. government would finally address one of the biggest pieces of unfinished business from the 2008 financial crisis: reforming Fannie Mae and Freddie Mac, the quasi-state entities that dominate the U.S. mortgage market. Unfortunately
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Feast Your Eyes on TAG Heuer's $197000 Smartwatch

When the gold Apple Watch Edition launched in 2015 at a high-end price of $17,000, it raised eyebrows. But that's nothing compared to a diamond-plated TAG Heuer handset that was recently announced. TAG Heuer on Monday announced the new Connected Modular smartwatch, featuring a white
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Don't Miss This Safe 9.1% Yielding Mortgage REIT

Dividend coverage supported by Lending segment's stable performance, with no significant credit losses recorded since IPO. Upside potential from higher interest rates, including a dividend hike. Starwood Property Trust (NYSE:STWD) offer a very attractive 9.1% dividend yield, which is well covered by
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Provident Financial is still struggling to fix its doorstep lending business

Provident Financial is still struggling to fix its doorstep lending business

Attempts by doorstep lender Provident Financial (PFG) at fixing its home credit business have not come off as planned. The company says its consumer credit business is expected to report a loss of £120m which was at the upper end of the guidance given in August 2017. The company puts this down to
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K. Hovnanian Enterprises, Inc. Announces Expiration of Consent Solicitation for Its 2024 Notes and …

… (9) regional and local economic factors, including dependency on certain sectors of the economy, and employment levels affecting home prices and sales activity in the markets where the Company builds homes; (10) fluctuations in interest rates and the availability of mortgage financing; (11) changes
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IBM, Maersk Form New Blockchain Company for International Cargo

IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders. Maersk, the Danish conglomerate that owns
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Public Employees Retirement System of Ohio Raises Holdings in Science Applications …

The firm owned 35,630 shares of the information technology services provider's stock after buying an additional 24,273 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.08% of Science Applications International worth $2,382,000 at the end of the most recent
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The Way Bacon Is Produced in the US Could Endanger a Trade Deal With the UK

Bacon, that glorious food that so many people crave for breakfast, lunch, and dinner, could be the lynchpin in a proposed future U.S.-U.K. trade deal. The Soil Association, a food safety group in the U.K., has issued a report listing U.S. bacon with additives as one of the top safety risks posed by the
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Jailed trio ordered to pay £13m back for mortgage fraud

Three fraudsters have been ordered by pay back £13m raked in from mortgage fraud to avoid facing more jail time, the Birmingham Mail reports. The trio were part of a gang that used forged documents to get a mortgage on 21 properties in and around Birmingham, which were renovated and rented out
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ERA Real Estate Expands Presence In Arkansas Through Affiliate's Growth

CONWAY, Ark., and MADISON, N.J., Jan. 16, 2018 /PRNewswire/ — ERA Real Estate, a global franchising leader, today announced that one of its franchisees, ERA TEAM Real Estate in Conway, Arkansas, has acquired local brokerage Pam McDowell Properties, nearly doubling its independent sales
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Developer of Miami's tallest tower taps Fortune to handle apartment leasing

Tibor Hollo's Florida East Coast Realty just tapped Fortune Development Sales to take over leasing efforts at Panorama Tower. Rents at the luxury mixed-use building will average about $3 per square foot, ranging from roughly $1,500 for a 500-square-foot studio to $5,400 for a three-bedroom,
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SWIFT Joins with CSDs to Explore Blockchain in International Banking

Additionally, the entities involved in the MOU will work together to build new kinds of blockchain-based products that can be used within the banking and financial industries. Through the creation of these new technologies, the group also hopes to establish a set of standards that can be adopted
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'Why did I have to battle my mortgage provider when I was diagnosed with cancer?'

She has a five-year fix on her house at 2.99pc, which costs £1,394 a month on a repayment basis. The reader asked Virgin Money to convert the mortgage on her house to interest-only for the next two years, reducing monthly payments to £792. She also applied for a new two-year fixed-rate mortgage on
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WPCS International Incorporated (NASDAQ:WPCS) – Track PEG Before Buying A Stock

Dow futures rose by triple digits on Monday, pointing to another record session when traders return from the long holiday weekend, as relentless selling in the dollar continued. Futures for the Dow Jones Industrial Average put on 162 points, or 0.6%, to 25,963, while those for the S&P 500 index added
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2018 Startups to Watch: RFP365 grows its Fortune 500 client base from KC roots

With the prospect of adding more Fortune 500 firms to its list of clients, Hulsen said he's expecting an exceptional 2018. “There's some really good momentum within our company,” Hulsen said. “We have assembled a really good team that has the capabilities to continue driving forward, a great sales
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Trump Properties Earned a Fortune from GOP and Foreign Governments During President's First …

Dozens of foreign governments, special interest groups and GOP congressional campaign committees spent hundreds of thousands of dollars at President Donald Trump's properties during his first year in office, according to a watchdog report. A study released Tuesday by the non-profit Public Citizen
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Demotech Enhances Information Available to Consumers

COLUMBUS, Ohio, Jan. 16, 2018 /PRNewswire/ — Tridster recently announced that it will display the current Financial Stability Rating® assigned to Title underwriters on www.tridster.com. Demotech, Inc. is pleased to assist Tridster in its efforts to arm consumers with additional insights on the cost and
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Iran, Turkey's senior officials discuss banking ties

TEHRAN, Jan. 16 (Xinhua) — Senior officials from the Central Bank of Iran (CBI) and Turkey met in Iran's capital Tehran to discuss new ways of developing banking relations between the two neighboring states, Financial Tribune daily reported on Tuesday. In the meeting, Ahmad Araqchi, CBI's deputy for
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Alberta payday loan crackdown shrinks industry

The payday loan industry is shrinking in Alberta after the province cracked down on the businesses often accused of predatory lending, though dozens remain in Calgary. The number of licensed payday lenders in the province fell to about 165 in recent weeks, down from 220 before the province
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Are Investors Buying or Selling Weatherford International plc (WFT), and What Should You Do?

Recent insider trends for Weatherford International plc (NYSE:WFT) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on WFT is anything to go by, investors should pay attention. Institutions own 112.46% of Weatherford
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Oaktree Specialty Lending Corpo (OCSL) EPS Estimated At $0.10; Calamp (CAMP)'s Sentiment Is …

CalAmp Corp. provides Internet of Things enablement solutions for various mobile and fixed applications worldwide. The company has market cap of $837.53 million. The firm provides solutions for mobile resource management and applications for the IoT market, which enable clients in the
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PSD2 takes effect without 'open banking' APIs ready at most banks

Under the new regime banks, building societies and other account holding institutions are obliged to enable third party 'account information service providers' (AISPs) and 'payment initiation service providers' (PISPs) to access the payment account data they hold on customers, at those customers'
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How to Get a Mortgage if You're Self-Employed

Lenders are primarily concerned that all applicants, including self-employed workers, have the ability to consistently repay the mortgage. They'll need to see that your income is high enough to pay for the mortgage and likely to continue, and that you have a good track record of repaying your debts.
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BankThink Credit score changes would saddle banks with risk to help nonbanks

BankThink Credit score changes would saddle banks with risk to help nonbanks

Recently, the Federal Housing Finance Agency has been evaluating whether to allow originators that sell loans to Fannie Mae and Freddie Mac to use something other than the currently mandated FICO model. Specifically, the FHFA is evaluating whether originators can also use the VantageScore
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It's becoming economically desirable to live in a trailer park

America's growing affordability housing gap is forcing many people to rethink the traditional single family home. Trailer parks don't have the best reputation. But what about “mobile home communities?” With changing demographics comes demand for a different kind of lifestyle and what would have
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These 5 Democratic Lawmakers Will Boycott Trump's State of the Union Address

At least five Democratic Representatives will boycott President Trump's State of the Union address on Jan. 30. On Martin Luther King Jr. Day, Rep. Pramila Jayapal (D-Wash.) became the fifth Democrat to say she would skip the State of the Union, citing “all the racism coming from the White House.”.
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North Texas Buyers to See Higher Finance Costs in 2018

Interest rates for long-term home loans are expected to rise from below 4 percent to 4.5 percent or more by the end of the year, top housing economists predict. And more mortgage rate hikes will happen in 2019, too, they expect. That would push housing finance costs to their highest level since 2010.
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Rochester real estate firm buys Orchard Park warehouse

A Rochester-based commercial real estate management firm has acquired a former envelope-manufacturing warehouse and facility in Orchard Park from a Connecticut-based printing and office products company. Yaro Enterprises, a family-owned commercial real estate company that was formed in
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Dana White: Conor McGregor could 'absolutely' be stripped of title

Speaking to Karyn Bryant and company, White was asked what the future holds for this stagnant 155 pound division. In the last few weeks the heat has been turned up with the return of Khabib Nurmaogomedov. Rumors have been circulating that Nurmogomedov has reached a deal for a fight in April
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Term Sheet — Tuesday, January 16

A Metropolitan customer confirmed to Fortune that his investment firm was notified on Thursday morning that the bank was “ceasing all international crypto-related wire transfers to and from” it effective immediately. The reason for the shutdown, according to the customer, was because the bank could not
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Expeditors International of Washington (EXPD) Position Lifted by Confluence Investment …

Confluence Investment Management LLC increased its stake in Expeditors International of Washington (NASDAQ:EXPD) by 3.0% in the fourth quarter, … Zacks Investment Research upgraded shares of Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $68.00 price
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Schwab Charles Investment Management Inc. Has $5.50 Million Stake in Orthofix International NV …

Schwab Charles Investment Management Inc. reduced its position in shares of Orthofix International N.V. (NASDAQ:OFIX) by 10.5% during the 3rd … Finally, BTIG Research set a $56.00 price target on shares of Orthofix International and gave the stock a “buy” rating in a report on Monday, October 30th.
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Data Sheet—Facebook and Journalism Go Their Separate Ways

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Facebook 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,
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Lending Marketplace Lendix Raises €200 Million Institutional Financing to Trailblaze European …

Lendix's historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance
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Bridgeview Bank Becomes Fannie Mae-Approved Lender

“We're pleased to welcome Bridgeview Bank as one of our lender partners and look forward to working with them toward our shared vision of a better mortgage process,” said Jeffrey Walker, senior vice president and customer delivery executive for Fannie Mae. Recently Bridgeview Bank has launched a
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RM Secured Direct Lending Net Asset Value Drops As Portfolio Grows

LONDON (Alliance News) – RM Secured Direct Lending PLC said Tuesday its net asset value per share dropped in the quarter ended December 31 as it continued to grow its portfolio.
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COCC Partners With Ellie Mae to Offer Encompass Digital Mortgage Solution to Banks and Credit …

PLEASANTON, Calif.–(BUSINESS WIRE)–Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that COCC, an award-winning client-owned financial technology company servicing financial institutions throughout the Northeastern
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Money Money Money: Impact of demonetisation on real estate

2017 was a watershed year for the Indian real estate sector. Demonetisation, a continuous crack down on black money, and the setting up of a real estate regulator are defining moments in the property market's history. The expectation is that the sector will operate with higher levels of transparency once
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Banking Stock Rally Set to Continue

Investors have shunned banking stocks since the financial crisis broke out ten years ago. Signs are mounting that the sector is due for a recovery. The development of the U.S. stock market is a belwether of where European stocks are likely to head. If prices are up in the U.S., they are prone to follow here
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LE 1.4 billion mortgage finance during 2017

CAIRO – 16 January 2018: The amount of mortgage finance granted by mortgage finance companies until the end of November 2017 reached LE 1.4 billion compared to LE 950 million during the same period last year, with an increase of 46 percent, the Chairman of the Egyptian Financial Supervisory
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Diamond Trade Turns to Technology That Keeps Bitcoin Anonymous

The world's biggest diamond producer is turning to the technology behind bitcoin to track gems from mine to retailer. De Beers is running a pilot scheme using blockchain to create a virtual ledger of diamond sales. The technology made famous by the cryptocurrency is also seen as having the potential to
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IBERIABANK (IBKC) Earning Somewhat Positive News Coverage, Study Shows

IBERIABANK Corporation is a financial holding company. The Company is a holding company for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners LLC
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ZOCCAM expands platform

ZOCCAM has enhanced its platform to speed up onboarding of escrow agents and financial institutions, the company announced. … us to expedite the onboarding of title companies to support rapid expansion throughout the United States,” ZOCCAM Founder and CEO Ashley Cook said in a release.
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Guild Mortgage seeks Midwest growth with new acquisition

Guild Mortgage seeks Midwest growth with new acquisition

“It has been the fastest growing mortgage banker in Missouri for six straight years and ranked as a Top 25 place to work in local surveys during the same period. We have been admiring their organization for several years and are pleased to enter 2018 with such a strong new presence in the Midwest.”
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GE Shares Dive on $6.2 Billion Charge for Problems in Its Finance Unit

The after-tax charge will be $7.5 billion when adjusted to the rate following the recent U.S. tax overhaul, GE (ge, -5.36%) said Tuesday in a statement. The finance unit, GE Capital, will make statutory reserve contributions of about $15 billion over seven years following a lengthy review of the North
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Macy's, Inc. Real Estate Sales Will Continue in 2018

Macy's real estate partnership with Brookfield Asset Management could become another big source of real estate gains starting in 2018. For the past year, a dedicated team at Brookfield has been looking at options for additional development (or redevelopment) at roughly 50 properties owned by Macy's.
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Bank of America (BAC) 4th Quarter Earnings: What to Expect

The economic prospects for some of the nation's largest banks, particularly as it relates to stronger economic growth, pace of lending, less regulation and interest rates, are all finally moving in the right direction. And that hasn't always been the case. But with better-than-expected earnings results
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UPDATE 1-China need not hike its benchmark rate near-term – c.bank advisor

The latest Reuters poll forecast that the PBOC would keep its benchmark lending rate unchanged at 4.35 percent at least through the second quarter of 2019. Sheng expected the yuan , which has gained just over 1 percent against the dollar this year after strengthening 6.8 percent in 2017, to be
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Former FNB boss Jordaan takes step towards launching new bank

Backed by ex-FNB CEO Michael Jordaan‚ Bank Zero looks set to become SA's newest mutual bank and will be 45% black-owned. “It also provides for a capital efficient framework‚ and Bank Zero will be sharing the subsequent cost benefits with its customers.” If Bank Zero manages to launch this year‚ it
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Ryan McDonald's Good Fortune Is to Be Cooking

From there, Corey Smale, the co-founder of Strange Donuts, tapped McDonald to help realize his vision for a Chinese/American restaurant called Good Fortune (Brazell is a consultant). McDonald admits that being tapped to lead the kitchen at the Chinese-inspired kitchen has been a steep learning
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Mortgage rates climb amidst bond market sell-off

“After dipping slightly last week, Treasury yields surged this week amidst sell-offs in the bond market,” Freddie Mac Deputy Chief Economist Len Kiefer said. “The 10-year Treasury yield, for instance, reached its highest point since March of last year. Mortgage rates followed Treasury yields and ticked up
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When green is the new black in real estate

THE elusive search for a Philippine-relevant environmental green standard for building and construction may finally come to an end. I first heard of Building for Ecologically Responsive Design Excellence (Berde) via Dino Mañosa of Mañosa Properties many moons back when their projects became the
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Michael Jordaan behind new digital-only bank

Former First National Bank CEO Michael Jordaan on Tuesday revealed in a tweet that he is backing a new digital-only bank, called Bank Zero, to be launched in South Africa later this year. In a post on Bank Zero's newly launched website, the venture revealed that it has secured a mutual bank licence
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7 things to know today and Orlando housing market ends 2017 with uptick in sales, median price

“We also expect low inventory to continue to exert its influence on the market in 2018, especially in the highly desired lower-priced categories,” said Nimkoff. “In fact, the lack of affordable housing in Orlando is a concern that Realtors anticipate will be at the forefront of community discussion in 2018.”.
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Stockholm Has Too Many Hotel Rooms and It's Hurting Share Prices

Pandox, whose hotel-property portfolio consists of 143 hotels in 15 countries, declined to comment on the Stockholm market as it's in a so-called silent period before fourth-quarter results on Feb. 15. Instead, it referred to its third-quarter report, in which it said that while the Nordic countries continued to
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Banks are on the hunt for tech veterans

Mr Knapp joined Citi FinTech in 2016 to build a team of technology specialists, a few months after the bank had launched the division to “design and deliver the bank of tomorrow”. Having spent 16 years at Amazon, latterly in software development, his move meant he joined a tribe he says will become
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GE to Take $6.2 Billion Charge Tied to Long-Term Care Insurance

General Electric Co. will take a $6.2 billion charge for the fourth quarter as the manufacturing behemoth grapples with lingering problems in a legacy insurance business. The after-tax charge will be $7.5 billion when adjusted to the rate following the recent U.S. tax overhaul, GE said Tuesday in a
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Why small (but growing) is beautiful

2017 was a momentous year for bridging, with annual lending breaking through the £3bn figure for the first time. But before we get carried away, we need to bear in mind this is equivalent to only around one 19th of the residential mortgage market. By its very nature, bridging is a niche lending market
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Durham sees steep decline in boarded-up houses

The siding was painted sky blue. The house is one of the hundreds that has gone from boarded up and violating the housing code to back on the city's hot real estate market. Since 2011, the number has fallen more than 95 percent, going from 502 boarded-up houses in 2011 to just 24 at the end of last
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Why the Deadly 2018 Flu Season Could Get Even Worse

The influenza virus that's sickened millions of Americans is already the most widespread outbreak since public health authorities began keeping track more than a dozen years ago. Now, with the threat of more strains emerging, it might get even worse. “Flu is everywhere in the U.S. right now,” said Dan
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Real Estate Startup Homie Expands into Arizona

After launching in Utah in 2015, real estate tech startup Homie is now expanding to Phoenix, HousingWire staffer Ben Lane reports. The company boasts that it can save home sellers an average of $10,000 by utilizing technology throughout the home selling process. Rather than working with a single
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The banking is not updated due to

The banking is not updated due to 'There's a message on your bank's website that needs your attention ' but we no messages in the bank. Pls help us urgently. thanks. ” There's a message on your bank's website that needs your attention. Sign in to your bank's website and respond to any new messages
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indian magic and fortune telling+91-9983046183 saudi arab

indian magic and fortune telling+91-9983046183 saudi arabindian magic and fortune telling+91-9983046183 saudi arabindian magic and fortune telling+91-9983046183 saudi arabindian magic and fortune telling+91-9983046183 saudi arabindian magic and fortune telling+91-9983046183 saudi
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Digital buy-to-let mortgage start up to expand

Digital buy-to-let mortgage start up to expand

Property Master, a digital mortgage brokerage service for UK buy-to-let landlords, is looking to expand into conveyancing and insurance within the next six months. Property Master was launched in May and will begin fundraising after a growth period. Angus Stewart, chief executive of Property Master,
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Landbay revamps portfolio stress tests

Specialist buy-to-let mortgage lender Landbay, is changing its background underlying portfolio stress tests from 125% at 5.5% to 125% at 5%. If an application fails the test, dependent on the case, Landbay may consider applications using up to 10% of the declared income, subject to a minimum
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Can Vloggers Really Make a Fortune?

The word millions is impossible to avoid when reading about the YouTube famous. The video platform's best-known (and lately most hated) vlogger, Logan Paul, is one such case: He boasts more than 356 million views and 4 million subscribers and, according to one of those shady “net worth” sites,
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Lenders urged to be more flexible on interest-only

Mortgage advisers are urging lenders to be more flexible to help older borrowers facing interest-only mortgage repayment deadlines, research from equity release referral service Key Partnerships shows. Some 74% of advisers want more flexibility from lenders as increasing numbers of older clients face
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Investors Title Company (ITIC) Is At $195.74 Formed Wedge; Madison Investment Holdings Has …

Investors Title Company (ITIC) formed wedge up with $203.57 target or 4.00% above today's $195.74 share price. Investors Title Company (ITIC) has $369.37M valuation. It closed at $195.74 lastly. It is down 101.17% since January 16, 2017 and is uptrending. It has outperformed by 84.47% the S&P500.
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'We need to get engaged early with our City Council,' says Charlotte developer

It's important for the real estate community to get engaged with political leaders like those new City Council members, said Johno Harris, president of Charlotte real estate firm Lincoln Harris. Harris was a panelist at an event hosted last week, the 11th annual Outlook on the Commercial Real Estate
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Krispy Krunchy Chicken to Take the Wheel (of Fortune)

“We are thrilled to have our brand be a part of something as iconic as Wheel of Fortune. We will be tuned in to see if any of the players get lucky and win our prize and look forward to more people across the country being introduced to our chicken,” said Allison Shapiro, Krispy Krunchy Chicken's Director
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France's Newly-Appointed 'Monsieur Bitcoin' Is a Notable Cryptocurrency Skeptic

Governments around the world are trying to get a handle on the cryptocurrency phenomenon, and now France has appointed what Les Echos called a “Monsieur Bitcoin”—or Mr. Bitcoin—to develop a Gallic approach to the topic. Jean-Pierre Landau, a Sciences Po economic professor and former Bank
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Buy-to-let mortgage activity dips

This is according to data from UK Finance, formerly the Council of Mortgage Lenders, which also revealed there were 34,800 new first-time buyer mortgages in the month, some 15.2 per cent more than in the same month a year earlier. The £5.6bn of new lending in the month was 16.7 per cent more
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ECB supervision of failing banks is flawed, auditors warn

The European Court of Auditors, a European Union agency, cast doubt on the ECB's supervision of the big banks in the euro zone and criticized the central bank's reluctance to disclose relevant information. But it stopped short of saying the flaws could have an impact on the way an actual crisis was
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Ramnit Goes on a Holiday Shopping Spree, Targeting Retailers and Banks

Ramnit's latest twist includes targeting the most widely used web services during the holidays: online retailers, entertainment, banking, food delivery, and shipping sites.
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Scarlet letter for buildings | Grammy controversy | Title insurance fight | Developer's first

11 and who regularly takes his SUV motorcade to a YMCA 11 miles away, is suing fossil-fuel companies for forcing people to warm the globe. That is not the subject of this week's Crain's editorial, however. We passed up that low-hanging piece of fruit for one just a bit higher: The mayor and City Council
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Gap between residential and buy-to-let activity widens

However buy-to-let house purchase mortgage transactions fell by 1.5% and buy-to-let remortgage volumes fell by 3.6%. Paul Smee, head of mortgages at UK Finance, said: “The data shows housing market activity remains buoyant, despite November's rise in the base rate. “Steady increases in lending
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IBM and Maersk Are Creating a New Blockchain Company

“We see an opportunity to increase efficiency and timeliness for cargo movement,” White tells Fortune. Previously, White served as the North American president for Maersk Line, Maersk's container shipping division. “Even small improvements can have a substantial impact on global trade,” says Marie
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'Peak millennial,' condo nation, and other Toronto real estate trends to watch in 2018

Real estate broker Royal LePage President and CEO Phil Soper believes peak millennial will be a major player in the Toronto real estate market in 2018. “They're finally fleeing the nest,” Soper said in an interview with CBC Toronto. Soper expects strong demand for real estate to continue in 2018,
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Lower Hudson Valley housing market hits a plateau

After several years of fast-paced growth, home sales in the Lower Hudson Valley reached a plateau, according to the 2017 annual and fourth quarter market reports issued by two real estate organizations this week. The easing of growth is coupled with price hikes, indicating that shrinking inventory may
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Real estate bubbles are hard to predict

In the real estate market, the largest crash in recent times was during the World Financial Crisis (WFC) of 2008. A closer look into Dubai and California reveals that both cities rallied 50 per cent and 30 per cent respectively (24 months before their peak). During the WFC, the housing market in California
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Martin Luther King, Condoleezza Rice, Simone Biles: Broadsheet for Jan. 16

Good morning, Broadsheet readers! Condoleezza Rice shares her thoughts on #MeToo, CVS makes a major announcement, and we reflect on MLK's feminist legacy. Have a great Tuesday. EVERYONE'S TALKING. • MLK's feminist legacy. Yesterday, we celebrated Martin Luther King Jr. Day—a day
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China need not hike its benchmark rate near-term – c.bank advisor

The weighted average lending rate for non-financial firms, a key indicator of corporate funding costs in China, rose by 49 basis points in the first nine months of 2017 to 5.76 percent, according to central bank data. The latest Reuters poll forecast that the PBOC would keep its benchmark lending rate
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America's Fastest Spy Plane May Be Back—and Hypersonic

Jack O'Bannion, VP of Strategy at Skunk Works, is speaking today at SciTech conference. He showed a slide of the SR-72 and said: “Without digital transformation that aircraft you see there could not have been made.” Soooo … does that mean that aircraft was made? pic.twitter.com/dD7ovOG0rg.
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RM Secured Direct Lending eyeing strong pipeline of opportunities

RM Secured Direct Lending eyeing strong pipeline of opportunities

Secured debt-focused investment trust RM Secured Direct Lending PLC (LON:RDML) saw its net asset value per share rise 0.23p to 98.59p in December. The shares currently trade at 102.15p, down 0.35p on the day. The portfolio has grown to 24 debt investments across 13 sectors with £93mln of
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First-time-buyer lending up 15% in November: UK Finance

UK Finance has reported 'buoyant' lending in November, as first-time buyer mortgages rose 15.2% compared to the same month last year. There were 34,800 new first-time buyer mortgages in the month, with new lending in the month 16.7% higher than the previous year. Home movers also saw strong
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Jeff Dervech Launches New Website Highlighting Commercial Real Estate Services to the Southeast

Site visitors can also find commercial real estate insight news and trends happening throughout the Southeast. The new website will keep clients in the loop and up-to-date on all things real estate. In addition, highlighted on the website are his market reports, and commercial brokerage high-end services
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UK Finance: Base rate rise had little effect on November's housing market

Paul Smee, Head of Mortgages at UK Finance said: “The data shows housing market activity remains buoyant, despite November's rise in the base rate. Steady increases in lending for house purchases together with increases in homeowner remortgages reflect a keenness among consumers to benefit
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New Online Innovation for Mortgage Brokers from LenderLetter.com

“Why didn't I think of that?” That's the reaction most lenders have when they see LenderLetter.com for the first time. They can't believe that something so obvious, that has also been such a problem, has not been addressed in the residential mortgage lending business before! Two California real estate
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Think Flu Season is Bad? It Might Get Even Worse

“This is the first year we have had the entire continental U.S. be the same color on the graph.” Now new strains may be coming. By. Michelle Cortez. @FayCortez More stories by Michelle Cortez. January 16, 2018, 2:00 AM PST. The influenza virus that's sickened millions of Americans is already the most
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Open Banking is here to change how you manage your money

After completing a review of the retail banking sector back in the summer of 2016, the UK Competition and Markets Authority (CMA) concluded that stagnation had set in. It found that hardly anyone switches banks each year, and the huge financial institutions don't put a lot of effort into retaining or
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Global Fortune Top 5 Company trusts Ramco

After making its entry into Gartner Magic Quadrant and Forrester Wave for SaaS HCM Suites, Ramco Systems, cloud enterprise software major has witnessed increased traction from Multinationals and Fortune 500 giants looking to consolidate Global HCM and multi-country Payroll on a unified cloud
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Is Buying Corium International Incorporated (NASDAQ:CORI) Here Good Idea?

Investors sentiment decreased to 3.67 in 2017 Q3. Its down 4.73, from 8.4 in 2017Q2. It dropped, as 2 investors sold Corium International, Inc. shares while 7 reduced holdings. 11 funds opened positions while 22 raised stakes. 62.14 million shares or 0.80% more from 61.65 million shares in 2017Q2
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Maybank stays positive on Singapore property developers amid mortgage rate hike

SINGAPORE (Jan 16): Maybank Kim Eng Research is keeping its “positive” rating on Singapore's real estate sector as property developer stocks are expected to ride on the market's cyclical upturn. “We see more upside in 2018 as households displaced in the en bloc process seek out replacement
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Annual house prices up 5.1pc with 'no signs of significant corrections in the market'

Property prices in Britain increased by 5.1pc in the year to November, with the average house price standing at £226,071, according to the latest HM Land Registry and Office for National Statistics (ONS) data. Experts have said that while the figures confirm that prices and transactions are fairly flat, there
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Mistress fights widow for slice of late businessman's £2.5m fortune to support lovechild

A woman who had a lovechild with a foreign businessman is locked in a dispute with his widow after demanding a slice of his £2.5 million fortune. Melissa Proles, 42, met Indian entrepreneur Baldev Kohli at St George's Tennis Club in Weybridge and gave birth to a daughter in March 2013. Ms Proles, an
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Victims will get a say in banking royal commission

He has reportedly expanded the royal commission's scope to include the $344 billion mortgage broker industry, in addition to its examination of the banking, superannuation and financial services industries. The commission has already asked for submissions from banks, superannuation and financial
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Over 2000 international buyers expected at 60th IIGF

More than 2,000 international buyers and buying houses are expected at the 60th edition of India International Garment Fair (IIGF) beginning January 17. IIGF is one of the largest and most popular platforms in Asia where overseas garment buyers source and forge their business relationship with the
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Provident Financial lays blame at doorstep as divisional losses rise

(Reuters) – Provident Financial (PFG.L) expects to report a loss of about 120 million pounds in its consumer credit division for 2017 as it struggles to win back customers following problems at its door-to-door lending business. Shares in Provident, which provided loans through the Wall Street crash of
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BP to Take $1.7 Billion Charge on Deepwater Horizon Claims Closure

Oil giant BP Plc is to take a $1.7 billion charge to close out legal claims over the 2010 Deepwater Horizon disaster in the Gulf of Mexico, Bloomberg News reports. The company said in a statement it would be a post-tax non-operating charge in the fourth quarter of 2017. It will cover the remaining
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FNB ex-CEO Michael Jordaan to launch app-driven bank

Cape Town – Former FNB CEO and current venture capitalist Michael Jordaan is making a return to banking with a new “app-driven bank” he has co-founded, which is set to launch later in 2018. Jordaan on Tuesday morning tweeted that he had an “exciting announcement” to make at around 09:00.
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BNP Sees Value in India Equities Even After Multiple Records

By at least one measure, Indian equities look attractive relative to their regional peers even after posting new records in the new year. That's the view of BNP Paribas, which forecasts the benchmark S&P BSE Sensex to post its third annual gain in 2018, helped by a revival in company earnings and
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Real Estate News: Is Hilliard hot?

Home sales are vigorous in Franklin County, but the market is downright sizzling in Hilliard, which Realtor.com recently named No. 10 on its annual Hottest ZIP Codes in America listing for 2017. It's the first Central Ohio city to make the national real estate website's top ten since the organization created
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Do YOU have £1400 in the back of the cupboard? The 10 unexpected items that could net you a …

January is the time of year when many of us bemoan our bank balances after the festive spending spree, but it turns out you could have a mini goldmine sitting in your home, without even realising it. Gumtree has teamed up with 21st Century collectables expert, Tracy Martin, to identify the top 10
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Provident Financial sees FY loss of 120 mln stg at consumer credit unit

Provident Financial sees FY loss of 120 mln stg at consumer credit unit

Jan 16 (Reuters) – Provident Financial, which is battling unresolved problems at its door-to-door lending business, said it expected to report a pre-exceptional loss of about 120 million pounds ($165.49 million) at the consumer credit division, at the upper end of its guidance. “This reflects a lower than
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Bank Zero wins banking license

The 45% black-owned bank, due to launch in the fourth quarter, will be app driven and operate under a mutual bank license. “The mutual banking concept mirrors current social media trends and benefits customers by allowing for the support and creation of financial communities. It also provides for a
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Provident Financial expects £120m loss at doorstep lending arm

Doorstep lender Provident Financial expects to post a £120m loss at its consumer credit business after struggling to win back customers following a … The company, which specialises in lending to people in financial difficulty, blamed a “lower than expected rate of reconnection” in the fourth quarter.
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New bridging lender enters market

Joining them is Director of Lending Nick Hilton, who has lent over £300m across both residential and commercial bridging since 2008. Glenhawk's rates start from 0.5% per month and span from £300,000 to £5,000,000 with no admin or exit fees. The lender promises to to pay brokers commission as
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Paying it back: should I get an interest-only or a repayment mortgage?

More than 90 per cent of 18-34 year olds are on a repayment mortgage, in a bid to chip away at the underlying debt, according to broker L&C Mortgages. But that, along with higher property prices and therefore higher mortgage debt, also means they pay more on a monthly basis than any other age
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China's Hot Housing Market Begins to Cool

BEIJING—China's housing market has defied gravity and government restraints for two years, floating on a tide of bank loans and speculation. Until now. In Beijing and Shanghai—two of the country's largest markets—and other megacities, sales have stalled and prices have dropped, falling slightly in
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Tasmania house price growth squeezes rental supply

Tasmania's resurgent housing market squeezed the number of homes available for rent to just 96 or a vacancy rate of 0.3 per cent during December, … The result is in contrast with Sydney where rental vacancies have been slowly rising reaching 2.6 per cent of the market or more than 17,400 homes in
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Illinois' First American acquires Southport Bank

In September, First American chairman and CEO Thomas Wells said Southport's customers will have more available personal and commercial projects. He noted that there will be mortgage loans that Southport did not offer. On the commercial side, customers will be able to get larger financing for
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Google Play sales in South Korea surpassed $3 billion in 2017

15, IGAWorks estimated that the Google Play Store had brought in 3.43 trillion won (US$3.22 billion) in sales in South Korea. This sales figure combines the amount spent buying apps and making in-app purchases (that is, money spent while using an app, such as users buying items for a mobile game).
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Banking's Digital Talent Crisis: Who Will Fill the Tech Void?

Banks and credit unions desperately need IT talent, and a lot of it. More than three-quarters (76%) of financial institutions report that they have created new IT roles in the last two years, but they are having a hard time finding the IT talent they need. Half of all financial institutions say that hiring IT staff is
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Preparation, caution and improved NCB lending saves year-end repo

The improved securities lending programmes of EU national central banks (NCBs) has been praised by the industry as a crucial antidote to the year-end liquidity woes last month, according to the International Capital Market Association (ICMA). In its first market report on the EU repo market for 2018,
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Fiat Chrysler CEO Sergio Marchionne To Step Down, Warns Auto Industry of Commoditization

Sergio Marchionne, who has led Fiat Chrysler Automobiles since 2009, has words of advice for the automobile industry: The future of cars is coming swiftly, and if you can't innovate and differentiate, you won't survive. Marchionne, one of the longest-serving chief executives in the auto industry, confirmed
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Police: Suspect in Monroe County double homicide in custody

Court documents show Lancelot Fortune of Stroudsburg has been charged with two counts of criminal homicide and one count of tampering with evidence. In a news release, state police out of the Stroudsburg barracks said Fortune has been charged with killing a 56-year-old woman and a 54-year-old
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Tom Carey takes on new role at Broadridge

Broadridge Financial Solutions has appointed Tom Carey to head up the firm's new international business Broadridge International,in an attempt to expand into Europe, the Middle East and Africa (EMEA), as well as Asia Pacific markets. Carey will also serve on Broadridge's executive committee.
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Two Dead, Homicide Investigation at Home near Tannersville

POCONO TOWNSHIP — Two people are dead and a man has been charged with homicide in Monroe County. State police were called to a home on Marcelle Terrace in Pocono Township around 7 p.m. Monday. Troopers said a 54-year-old man and a 56-year-old woman are dead. Investigators said
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Cashback mortgage deals are enticing borrowers – but are they worth it?

Choosing a cashback mortgage is tempting; putting some money back in the coffers after a property purchase can alleviate some of the financial pressures and stress. With interest rates still low, lenders are increasingly using cashback mortgage offers to attract new borrowers. However, before you
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Mortgage market resilient despite slowing UK house price growth in November

Mortgage lending continued to pick up pace in November 2017 even as house price growth across the country slowed, according to new figures published on Tuesday. Data from industry body UK Finance on Tuesday showed that the number of mortgages taken out by first time buyers, home movers
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Germany's Social Democrats Show Divide on Alliance With Merkel

Germany's Social Democrats began taking sides on forming a government with Angela Merkel as the party leadership stepped up efforts to convince doubters of the need for a rerun of their grand coalition. SPD leader Martin Schulz continued his tour of key Social Democratic Party regions on Tuesday to
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Taeyang reportedly made $47.6 million a year from real estate investments

Taeyang reportedly made $47.6 million a year from real estate investments … On the January 16th episode of tvN's 'The List 2018', celebrities who made the most with real estate investments were listed. … He presumably bought this property to use as his newlywed home with fiancee Min Hyo Rin.
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Brexit Bulletin: Boris Fights Back

Killing Success | Moves that could force investment firms to transfer hundreds of U.K. jobs to the European Union after Brexit are being described by asset managers as a threat to one of the continent's biggest success stories, Bloomberg's Julie Edde reports. The investment-management arms of
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Korea's Biggest Fund Has Got to Think Small

Korea's Biggest Fund Has Got to Think Small

It's been more than 12 months since the head of South Korea's National Pension Service was arrested in a corruption scandal that led to President Park Geun-hye's impeachment, but little has changed. Some 70 percent of the fund's stock portfolio is in large caps, mainly family-run conglomerates such
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Israel Turns the Screw on Tycoons

A protester holds a placard bearing portraits of (from left) Israeli Prime Minister Benjamin Netanyahu, Interior Minister Aryeh Deri, and businessman Isaac Tshuva on Feb. 3, 2016, in front of the Supreme Court in Jerusalem where a hearing took place on a contentious natural gas deal. Photographer:
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Banking Fails At Selling Benefits of Mobile Banking and Payments

The survey confirms that mobile banking is an almost ubiquitous bank offering, offered by 89% of bank and credit union respondents. Digging deeper, of those financial institutions tracking customer adoption, 54% indicated they had more than 20% of their retail customers enrolled in mobile banking,
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LXB Retail Properties Plc (LON:LXB) And The Real Estate Sector Outlook 2018

LXB Retail Properties Plc (AIM:LXB), a GBP£37.88M small-cap, operates in the real estate industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate assets usually exhibit distinct and desirable investment features
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US Lawmakers Are Urging AT&T to Cut Ties with Huawei Because of National Security Concerns

U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides.
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Short-term lender Glenhawk enters specialist market with buy-to-let ambitions

The lender has £30m of its own capital to lend and is set to begin discussions with banks and other funders to extend this and potentially branch into longer term buy-to-let finance. It is offering funding for bridging, auction, refurbishment, development and commercial finance projects across the country
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Bank Zero might soon be SA's fourth mutual bank

“The mutual banking concept mirrors current social media trends and benefits customers by allowing for the support and creation of financial communities,” Bank Zero said. “It also provides for a capital efficient framework, and Bank Zero will be sharing the subsequent cost benefits with its customers.”.
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Uoolu to Bring Together 100 Global Leading Developers at Beijing Summit

Industry insiders will share their perspectives on the purchasing power of Chinese consumers, global real estate trends, and blockchain's application in the sector. A big-data based investigation into global property investments by Chinese consumers and a forecast for trends in 2018 is to be released in
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Ryan Herrick Commemorates Crystal Anniversary in Mortgage Lending

Ryan Herrick, Vice President of Mortgage Lending at Guaranteed Rate, is celebrating his fifteenth anniversary in the mortgage industry. “Putting families in better financial situations is my main goal,” said Herrick, who is licensed in multiple states. “Treating you like family is the service I provide.” In fact
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Fortune Partners

Learn about Fortune Partners. Join LinkedIn today for free. See who you know at Fortune Partners, leverage your professional network, and get hired.
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Venezuela Promises Pregnant Women a Handout That's Worth Almost Nothing

A mother and her child wait in the emergency room of a hospital at Petare slum east of Caracas, Venezuela on Feb. 4, 2016. Carlos Becerra—Anadolu Agency/Getty Images. By Laignee Barron. 4:14 AM EST. Venezuela's President Nicholas Maduro announced during an annual address that pregnant
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Canada, UK Renew Demands on Boeing to Drop Bombardier Dispute

Bloomberg obtained copies of both letters. Bombardier is facing the prospect of import duties of almost 300 percent on the C Series, its most advanced commercial jetliner, if the U.S. International Trade Commission confirms a preliminary Department of Commerce ruling later this month. The trade case
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When Picking Cryptocurrency Winners, Don't Think Long Term

Aaron Brown at aaron.brown@privateeram.com. To contact the editor responsible for this story: Robert Burgess at bburgess@bloomberg.net. Before it's here, it's on the Bloomberg Terminal. LEARN MORE. Comments. Bloomberg Prophets. Professionals offering actionable insights on markets, the
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Provident shares sink after lender signals chunky losses

Troubled subprime lender Provident Financial says it is failing to “reconnect” with customers after a botched reorganisation, and now expects the losses at its doorstep lending business to be at the upper end of guidance for 2017, knocking shares by almost 5 per cent at the open. The Bradford-based
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Global CCTV Camera Housing Market Research Report 2017 – 2022

CCTV Camera Housing Market Global CCTV Camera Housing Market Report 2017 is a composition of first-hand data, quantitative and qualitative valuation by industry analysts, contributions from industry experts along with their latest verbatim and every industry players through the value chain.
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The Top Carpet Trends For 2018

Looking to give your carpeted rooms a trendy makeover? We've found the freshest carpet ideas of 2018 to get you inspired.
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Is Tribal Lending Done?

Scott Tucker's pre-sentencing “apology” will not likely be remembered as one of history's greatest all-time allocutions of contrition. The Kansas businessman – facing a 2017 conviction for violating federal truth in lending and racketeering laws in connection with his online lending business – attempted to
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Traditional Owners win Federal Court appeal

The appeal centred on whether the obligation by companies to negotiate in good faith in relation to negotiations under the Native Title Act ever ended. In a majority decision handed down in Melbourne on December 21, the Full Federal Court dismissed Sheffield Resources' submission that it was no
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POINT OF VIEW: Another use for the state's Sadowski Housing funds

POINT OF VIEW: Another use for the state's Sadowski Housing funds … take some of the money and conduct a study of how local ordinances and codes, specifically the Unified Land Development Codes (ULDC), hinder the affordable housing market and block the formation of small start-up businesses.
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A real estate expert tells us how to buy the right beach house

It's no secret that Aussies love the beach, and we're spoilt with thousands of kilometres of coastline, posing plenty of options for those seeking property close to the seaside. If you're thinking about buying a beach house for yourself or to rent out, which is a great idea over the summer to cover overheads,
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MANAGEMENT RESPONSE TO THE IED CORPORATE EVALUATION

MANAGEMENT RESPONSE TO THE IED CORPORATE EVALUATION

Management thanks the Independent Evaluation Department (IED) for the Corporate Evaluation on Results-Based Lending (RBL) at the Asian. Development Bank: An Early Assessment (the Study). The timing of the. Study is consistent with the provision in the Policy Paper, Piloting Results-.
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New bridging lender Glenhawk launches

The Mayfair-based lender Glenhawk was founded by Guy Harrington, CEO (pictured above), who brings with him extensive experience as a property developer. Joining Guy is Paul McFadyen, the former managing director of Regis Group, and Nick Hilton, who has headed up lending at Century Capital
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Singapore Council Seeks Feedback on Corporate Governance Code

In an attempt to boost investor confidence in Singapore's capital markets and support innovation, a council formed by the city-state's central bank released a consultation paper Tuesday revising its recommendations for corporate governance. The Code of Corporate Governance — which was last
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UPDATE 1-Provident Financial sees FY 120 mln stg loss at consumer credit unit

Jan 16 (Reuters) – Provident Financial, which is dealing with issues at its door-to-door lending business, said it expected to report a loss of about 120 million pounds ($165.49 million) at the consumer credit division – the upper end of its guidance. “This reflects a lower than expected rate of reconnection
See Original Article

Regal Real Estate Investment Trust (HKG:1881): Is Real Estate An Attractive Sector Play?

Regal Real Estate Investment Trust (SEHK:1881), a HKDHK$7.98B small-cap, is a real estate company operating in an industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. A real estate
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2018 predictions

HSBC. Birmingham. 12th September 2017. Mortgage providers have much cause for celebration when looking back on the past twelve months. The final quarter offered a boost to the remortgage market with the first hike in the Bank of England base rate for a decade, but what lies ahead for 2018?
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Is this the beginning of the end of Trump's real estate empire?

Licensing his name certainly seems to have increased his personal fortune. A financial summary Trump issued when he kicked off his presidential campaign in 2015 valued his “real estate licensing deal, brand and branded developments” at $3.3bn – the most significant single source of what Trump
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Provident Financial sees FY loss of 120 million pounds at consumer credit unit

L), which is battling unresolved problems at its door-to-door lending business, said it expected to report a pre-exceptional loss of about 120 million pounds at the consumer credit division, at the … Britain's financial watchdog has also launched two probes into Provident Financial's lending practices.
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Skipton unveils retention mortgage range

The rest of the residential retention range includes a three-year fixed rate mortgage at 1.74 per cent at 60 per cent loan-to-value. Ray Boulger, senior technical manager at mortgage broker John Charcol, said the products were competitive, especially for small mortgages. He said: “Not only is there no
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Neo Capital Holds 2018 Finance Summit to Discuss Worldwide Investment Trends

Wealth would be redistributed in the next five years, not in the real estate market, but rather in the equity market. “It has been said that Chinese real estate market will no longer be the place for wealth creation, while the equity market will be. Why? When urbanization attains a certain height, real estate will
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Why Is Asia Home To The World's Biggest Banks?

Asian banks are attracting investors from around the world thanks to their all-time high returns. However, it's the governments that drive the growth of the banking industry. In this article, you'll find out how the distribution of credit in Asia works, and how you can take advantage of this phenomenon.
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Increasing Inequality Could Cause Serious Political Instability

Cornelius Vanderbilt was one of the most successful capitalists in history, parlaying a US$100 loan from his mother in 1810 at the age of 16, into a fortune equivalent in today's money to over US$200 billion. That's double Amazon founder Jeff Bezos's fortune of US$100 billion. As Peter wrote recently,
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Real Estate – 01-17-2018

5311 Sunrise Lane, Unit A, Sunrise Lane, Holmes Beach, a 3,605 sfla / 4,329 sfur 4bed/3½bath/3car Bayfront land condo with pool built in 2013 was sold 11/23/17, Coughlin RE1 LLC to Shay for $2,240,000; list $2,295,000. 524 Villa Rosa Way, Anna Maria, a 2,458 sfla / 5,148 sfla 3bed/3bath/2car
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Banks in Malaysia may realign workforce due to automation

There were over 4,000 vacancies in the banking industry as at the end of November 2017. In addition, there were more than 4,500 new jobs created from January to November 2017 arising from digitalisation. Collectively, the vacancies and new roles created provide significant number of employment
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Hong Kong Stocks' Different Beast

After a 14-day run, Hong Kong's Hang Seng Index on Monday came close to breaking through its historical record set more than a decade ago. Technical analysts now caution the benchmark looks overbought. Bull Run. Hong Kong's Hang Seng Index has risen for 14 consecutive days, closing in on
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The World's Top-Selling Video Game Has a Cheating Problem

Ahead of its debut this year, the biggest gaming company on the planet has enlisted Chinese police to root out the underground rings that make and sell cheat software. It's helped law enforcement agents uncover at least 30 cases and arrest 120 people suspected of designing programs that confer
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EU Toughens Demands on UK for Brexit Transition in Draft

The European Union has stepped up the demands it will make of the U.K. for the transitional period that follows Brexit, calling for more rights for EU citizens, according to revised draft guidelines seen by Bloomberg. The U.K. won't be able to apply new immigration rules to EU citizens arriving during the
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UK: Thousands bought fake degrees – report

A diploma mill in Pakistan has been making millions of pounds from UK buyers looking for fake degrees, a report by BBC Radio 4 File on Four programme has found. Buyers were willing to spend up to half a million pounds. They include National Health Service consultants, nurses and a large defence
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Stocks Rise as Tech Shares Gain; Dollar Recovers: Markets Wrap

The Bloomberg Dollar Spot Index increased 0.2 percent, the first advance in a week and the largest climb in more than a week. The Japanese yen decreased 0.2 percent to 110.77 per dollar, the first retreat in more than a week. The euro declined 0.2 percent to $1.2241, the first retreat in a week.
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Rupee Surge Will Likely Be Short-Lived, Strategists Say

Mizuho Bank Ltd., the third-best forecaster in Bloomberg's survey, sees it depreciating to 65.60, while the median estimate in a Bloomberg survey survey is 64.50. The rupee advanced to 63.3725 on Jan. 8, the strongest since April 2015 and closed at 63.6287 last week. The forecasts mark a turnaround
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