Kotak Mahindra Bank opposes 100% FDI in banking; says Indian savers must benefit

Kotak Mahindra Bank opposes 100% FDI in banking; says Indian savers must benefit

“I think you have to make up your mind whether banking is intrinsic to the economy and if it is, then do you want all earnings which is intrinsic to be exported? You'd rather have Indian savers get the benefit of growth in our structural economy sector,” said Dipak Gupta, joint managing director of the bank.
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Nonprofit Streams Free TV, Inviting Broadcaster Suit

David Goodfriend expects an angry call from lawyers at CBS or NBC any day now. “It's been a week and we haven't heard anything,” Goodfriend, 49, said in an interview. “I don't know how long that will last, but it's been longer than I'd ever thought.” Goodfriend is bracing for battle because his new TV
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Rep. Gabbard Votes Against Predatory Lending Legislation

Hawai'i Rep. Tulsi Gabbard voted against legislation that would unravel protections against discriminatory lending and weaken fair housing laws. H.R. 2954, the Home Mortgage Disclosure Adjustment Act, exempts the vast majority of lenders from releasing data used to identify and prevent
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5 things you need to know now

White House budget director Mick Mulvaney said Friday that should the government shut down, mortgage lenders Freddie Mac and Fannie Mae will continue to operate, as will the U.S. Postal Service and Transportation Security Administration. “There is no reason that you have to deal with DACA this
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Greg's Clark's Land Registry note signals Verify's use in digital mortgage scheme

In a departmental contingent liability note published by Business Minister Greg Clark discussing HM Land Registry (HMLR) plans to launch the digital mortgage service, Clark said the Land Registry's new service would enable borrowers to sign mortgage deeds digitally, speed up the re-mortgage
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Mopar will outfit new Wrangler with host of accessories

Pietro Gorlier, head of Mopar, next to a Mopar-outfitted Jeep Wrangler at the North American International Auto Show media preview day, in Detroit, … over comparable models from the last generation, but Gorlier doesn't believe that will cause owners to hold back when it comes to buying accessories.
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Housing reform should be next priority of Congress

“It's time for Congress to stop avoiding housing finance reform,” said Jon Gedde, Chairman of the Nevada Mortgage Lenders Association and Senior Loan Advisor at Alderus Mortgage “Fannie Mae and Freddie Mac have been ignored for far too long and their long-term future must be addressed.”
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Free spins to mega fortune, wager free

livertool wrote: at least for Finnish players, Correct.:Smile:
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Journey, Def Leppard tour slated for Ruoff Home Mortgage Music Center

Concert goers may soon be screaming “Pour Some Sugar on Me” “Anyway You Want It” in Noblesville. But likely not in that order. Journey and Def Leppard announced Friday a co-headlining tour that will begin May 21 in Hartford, Conn. and wrap up Oct. 6 in Los Angeles. The six-month, 58-city tour will
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CFPB To Reconsider Payday Lending Rules

This week, the CFPB announced that it will be reconsidering controversial new rules that would have dramatically altered the payday lending industry. The rules were expected to reduce lending volume, and were one of the last actions of the former Obama-appointed director. Is this announcement bad
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3 FanDuel Premier League Trends to Exploit for Matchweek 24

Spotting trends is one way to stay ahead of the crowd in Premier League DFS. Here, we're going to try to hone in on recent occurrences across the EPL DFS landscape that appear to be a sign of things to come. This article is geared toward FanDuel's main slate, which begins at 10 a.m. EST on Saturday
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Open Banking Puts Fintech And Bank Comms Under Scrutiny

Speaking at a Bite Spotlight business trends event this week, in a wide-ranging debate about cryptocurrencies, fintech, Brexit and Davos, Jason Karaian, global finance editor of Quartz, said Open Banking (aka EU directive PSD2, which forces the big banks to open up their data) would have a huge
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FHFA Director Watt Weighs in on Financial Reform Debate

Bloomberg News is reporting on a proposal from Federal Housing Finance Agency (FHFA) Director Melvin Watt regarding the future of Fannie Mae and Freddie Mac (the GSEs). The two former companies, which have been in conservatorship under FHFA since 2008, are at the heart of the current debate
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Burton land sale clears way for potential Fortune 500 development

Zelenko also could not disclose at this time what type of business is slated to go on the property, but she said NorthPoint Development is dealing with a Fortune 500 company. The parcel zoned general industrial was previously tabbed for development of a 106-acre indoor and outdoor shooting range in
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Morning Scan Senate's maverick move on GSEs; latest in 'As the CFPB Turns'

American Banker's Ian McKendry cranked out a couple of nice scoops late Thursday: one detailing the Senate's efforts to go its own way on housing finance reform with a “bill that would place Fannie Mae and Freddie Mac into receivership, repeal their charters, and replace them with multiple mortgage
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Amazon Boosts Monthly Prime Membership Fees by 20%

Amazon.com Inc. said existing monthly members will start paying the higher fees next month. Amazon said its $5.99-a-month Prime membership for low-income people who receive government assistance is not affected by the price increase. Amazon launched the discounted Prime membership last year
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Cloudstar names VP of business development

In her new role, Grace will be responsible for fostering new relationships and nurturing existing clients, the company said. “We believe in hiring industry leaders. Deb's warm personality and extensive knowledge and dedication to the land title industry will most certainly benefit our clients while further
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Quest Diagnostics Named One of 2018 "World's Most Admired Companies" by Fortune Magazine …

SECAUCUS, N.J., Jan. 19, 2018 /PRNewswire/ — Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced that it has been named one of the “World's Most Admired Companies” for 2018 by Fortune for the third consecutive year. The annual
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Why Sony and Nintendo Stocks Could Rack Up Higher Scores

… its Star Wars Battlefront II game last fall after facing a consumer backlash. But as gamemakers strive toe please investors, such retreats are likely to be the exception, not the rule. A version of this article appears in the Feb. 1, 2018 issue of Fortune with the headline “Can Video Game Stocks Level Up?”
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Continued rent increases in Vallejo, Solano County, Napa area shrinks 'affordable' options

Rents in the Vallejo area continue rising, threatening to eliminate what may be the only relatively affordable housing market in the Bay Area, according to an industry publication's year-end report. Having analyzed rents in more than 50 Bay Area cities, RENTCafé found that while “rent growth slowed
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Tucson-area foreclosures reach lowest level since 2006

Tucson-area foreclosures reach lowest level since 2006

“Thanks to a housing boom driven primarily by a scarcity of supply, which has helped to limit home purchases to the most highly qualified — and low-risk — borrowers, the U.S. housing market has the luxury of playing a version of foreclosure limbo in which it searches for how low foreclosures can go,”
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Russia's Sberbank plans crowdinvesting platform for small firms – sources

MOSCOW, Jan 19 (Reuters) – Russia's biggest lender Sberbank plans to help small firms raise funds from private investors with a peer-to-business platform, three sources familiar with the plans said, competing with two other ventures that support the cash-starved companies. The state bank's foray into
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We need you!

SuperyachtNews.com is inviting the market to contribute regular or occasional expert opinion pieces on issues that affect key decision-makers in the superyacht market, with a specific focus on technical, regulatory, legal, fiscal, construction and operational issues. The opinion pieces should be on
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WWE News: Update on Jason Jordan's injury ahead of title defence at the Royal Rumble

… Anniversary of Raw on Monday night, which could mean that he will be seen at ringside once again. Next week's episode is just six days before the Royal Rumble which means that if Jordan is fit after the weekend off, then the company should use him to help build momentum ahead of his title defence
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These hot US housing markets have rapidly rising prices and falling supply

Many of the hottest housing markets in the US are plagued with “crisis level” inventory shortages, which is accelerating the rate of home price growth. While nationally there are 10 percent fewer homes for sale now compared to a year ago, in some hot markets there are up to 40 percent fewer homes for
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Chinese Banks – Implementing Basel Standards, All Okay Now?

Wise to the failings of the global banking system that led to its collapse in 2007-08, Chinese banking regulators have been working at double speed to enact regulations designed to protect against similar downside risks. Specifically, the Chinese banking sector will implement the Basel Committee
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Tanker With Russian Gas Still Set for Boston After Weather Delay

The liquefied natural gas tanker headed to the U.S. with a controversial cargo is due to resume its journey after making a U-turn in the middle of the Atlantic Ocean last night. The vessel named Gaselys was set to land at a terminal outside Boston on Saturday and changed its course to delay the date of its
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Boeing's growing international sales requires a delicate balancing act

Those numbers underscore the importance of Boeing's expanding global footprint and growing roster of international clients, said Ihssane Mounir, vice … It's a balancing act, where Boeing faces pressure from its biggest buyers to bring jobs to their neighborhoods, while the Washington state workforce
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Fed's Quarles Draws Regulatory Road Map for Relaxing Bank Rules

Federal Reserve Vice Chairman Randal Quarles, the central bank's supervision chief, shared a laundry list of ways to make regulation less burdensome for Wall Street — including streamlining capital rules, overhauling post-crisis limits on trading and major changes to how the agency stress-tests banks.
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Banking may become easier for marijuana businesses

LANSING — As a member of the marijuana industry, Max Martinez understands the struggle of working with banks. As the owner of Pure West, a medical marijuana dispensary in Holland, Martinez has been turned away by banks throughout his seven-year tenure at the company. .Most dispensaries
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Albas takes on mortgage changes in town hall

Though a few sparks flew between Dan Albas and one attendee of his town hall Wednesday evening, the Conservative MP largely echoed chamber of commerce concerns over mortgage changes. The Penticton and Wine Country Chamber of Commerce hosted Albas at the Days Inn for a town hall,
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The quickest routes to £100k in the 'easiest' jobs in banking

If you're working in banking, £100k ($140k) may not seem like much. After all, last year's salary and bonus survey by London recruitment firm Dartmouth Partners, said juniors in investment banking divisions (IBD) are earning £110k by year three. IBD jobs are in the front office, however, and are notorious
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Fleet Mortgages launches two-year fix

Fleet Mortgages has today launched a two-year buy-to-let fixed-rate product in its standard range. The new product has an initial rate of 2.79 per cent to 75 per cent LTV. It has a revert rate of 5.28 per cent (currently LIBOR plus 4.75 per cent). The product has an ICR of 125 per cent at 5 per cent for all
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Apple enters second decade heading Fortune's list of the world's most admired companies

We began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune's Global 500 database that have revenues of $10 billion or more. We then winnowed the assortment to the highest-revenue companies in each industry,
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Together hires business development manager for London

Specialist lender Together has hired Sophie Guest as a business development manager for London, building relationships with intermediaries for London. Guest has worked as a mortgage adviser at both RBS and NatWest and was previously a business development manager for Coutts & Co. Richard
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CalAtlantic Homes continues growth with acquisition of Utah's Candlelight Homes

CalAtlantic Homes, which is set to be acquired by Lennar in a $9.3 billion deal that will create the nation's largest homebuilder, is not done acquiring other homebuilders yet. Back in December, CalAtlantic announced that it was acquiring Home South Communities, one of the largest privately held
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FedEx Earns No. 9 Spot on the FORTUNE World's Most Admired Companies List

FORTUNE collaborated with partner Korn Ferry on this survey of corporate reputation. They began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in FORTUNE's Global 500 database that have revenues of $10 billion or
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New influx of Toronto house-seekers eyeing Hamilton

“We're already seeing many travel down the QEW because of lower home prices in Hamilton, and we'll probably be seeing more this year.” It's a trend that's caught the eye of the banking world. A recent Scotiabank economic forecast predicted an uptick in Torontonians leaving the Toronto market
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Primex Mortgage Corporation to Provide Debt Consolidation Loan in Bethesda and Rockville

Rockville, MD — (ReleaseWire) — 01/19/2018 — Primex Mortgage Corporation offers the best debt consolidation loan in Bethesda and Rockville for the Washington, D.C. residents. The debt consolidation loans by Primex Mortgage Corporation can help the individual to pay off the unsafe bills through an
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Penske Automotive Named One Of FORTUNE Magazine's "World's Most Admired Companies"

BLOOMFIELD HILLS, Mich., Jan. 19, 2018 /PRNewswire/ — Penske Automotive Group (NYSE: PAG), an international transportation services provider, announced today that it has been named one of the World's Most Admired Companies in specialty retailing by FORTUNE magazine. The World's Most
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Ib internet banking

Ib internet banking

Forgot User ID or PIN; Frequently Asked Questions; Maintenance Schedule; Security & You Bine ai venit pe BT24 Internet Banking! Disponibil 24/7. Welcome to NAB Internet Banking on your mobile. To login please enter your Customer Access (if issued) and your Personal Access Code (PAC).
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Undisputed champ? UFC lightweight title picture still confusing

McGregor has made the promotion's parent company a lot of money, and his return to fighting would inevitably be the biggest revenue-driver of this or any other year. But holding a UFC title has serious financial implications for fighters, and if McGregor is being allowed to carry the belt while remaining
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Phone Service

We're currently experiencing a technical service interruption with our phone lines. They should be working again soon. Previous News Story: « Summit Bank offers advanced integration with Quickbooks. Next News Story: Contact Us. Our Locations. Eugene 96 East Broadway Eugene, OR, 97401 Bend
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Your Emotional Support Duck Is Not Welcome in Seat 15C

The day of the service duck and emotional support chicken on airlines may be drawing to a close. Delta Air Lines Inc. said Friday it will more thoroughly vet passengers' efforts to fly with all manner of unusual animals, which often board U.S. airlines under the guise of psychological or medical support.
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Military Lending Act

Compliance with the Military Lending Act (MLA) may not be on the radar of many pawnbrokers, but it should be and here's why.
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Inventory levels hit crisis numbers in hottest housing markets

In the nation's hottest housing markets, inventory shortage has reached crisis levels, according to Zillow's December Real Estate Market Report. There are up to 40% fewer homes for buyers to choose from in housing markets where home values are appreciating fastest, and 10% fewer homes on the
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Amazon pick for second HQ likely in overheating housing market

Of those, 19 are in the U.S., and a newly released analysis from CoreLogic shows that home prices in 10 of those 19 U.S. markets are already overvalued. CoreLogic monitors the health of the housing economy through historic home price changes and other market conditions including sustainability of
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What to expect from rising interest rates

The big Canadian banks increased their fixed-rate mortgages to 5.14 per cent from 4.99 per cent last week, even before the Bank of Canada announced the quarter per cent increase that triggered the rise in variable loan costs. “The fact is, (people) have been incredibly lucky in terms of mortgage rates
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HuffPost Kills Its Unpaid Contributor Network

HuffPost, formerly known as The Huffington Post, has long relied on a network of unpaid contributors for a good bit of its content. It's a model that has put the publication under fire from writers that feel they should be paid for the work, as well as the public when the often amateur contributors wrote news
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Federal Reserve levies $35.1M in fines in mortgage-servicing enforcement actions

The board further announced the termination of joint enforcement actions it issued along with other federal financial regulatory agencies in 2011 against Lender Processing Services, which was succeeded by ServiceLink Holdings, and against MERSCORP Holdings, formerly known as MERSCORP.
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Your Questions Answered on a Government Shutdown

Based on past shutdowns, something lasting a few days to a week is unlikely to have a sizable impact. A shutdown of several weeks could shave a few tenths of a percentage point from gross domestic product growth in a given quarter. Bloomberg economists estimate that a government shutdown that
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Recent Southbury Home Sales | Local Real Estate Guide

10 recently sold homes in Southbury, plus homes for sale, foreclosures, local mortgage rate comparison, housing data and nearby offerings. By Brian McCready, Patch National Staff | Jan 19, 2018 8:59 am ET. 0. Recent Southbury Home Sales | Local Real Estate Guide. Looking for a home to buy?
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Commercial real estate in the age of #MeToo

As West Coast senior vice president of development for Seritage Growth Properties, Kacy Keys has reached a level of leadership that women haven't often achieved in Los Angeles' commercial real estate scene. But the road to Keys' powerful perch was not without substantial hurdles. “As a young
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Supreme Court to Review Trump's Travel Ban

The U.S. Supreme Court will rule on President Donald Trump's travel ban, agreeing to hear his appeal of a decision that said he overstepped his authority by restricting entry into the country by people from six mostly Muslim countries. The case could produce a definitive ruling by late June on the legal
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Apple Brings on Team From Consultant Silicon Valley Data Science

A customer uses an Apple Inc. iPhone X smartphone at an Apple store in Chicago. Photographer: Daniel Acker/Bloomberg. Apple Inc. hired a team from consulting firm Silicon Valley Data Science, adding experts to help the iPhone maker ramp up efforts to use data to improve its products. Founded in
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Coca-Cola CEO Urges US to Avoid 'Deconstructing Global Trade'

Though the agreement can and should be improved, throwing up barriers between nations again isn't the answer, Quincey said in an interview on Bloomberg Television. Quincey, whose company operates in more than 200 countries, also advocated for a less extreme version of the U.K.'s exit from the
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MEREDA conference highlights demand, but lack of inventory

Bangor-area market forecast, Bev Uhlenhake, Epstein Commercial Real Estate: Bangor's overall commercial real estate vacancy stands at 4.5%, down from 10% the last time the survey was taken, in 2010. “Prices for leases do not justify new construction,” Uhlenhake said. The downtown office market,
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Bitcoin isn't the only bubble — beware of property and shares in 2018

It's certainly the bubble getting the most attention this week, but people should also be careful of risks in the property and stocks markets, according to a report by Danish investment bank Saxo Bank. “The length and extent of some of these bull markets may conceal just how far from fundamentals these
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Terror Loses Top Spot to Russia and China on the US Threat List

The U.S. must prepare to wage a great-power competition with China and Russia as those nations narrow their technological gap with the U.S. military and seek “to shape a world consistent with their authoritarian model,” according to a new Defense Department strategy report. Confronting China and
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Federal suit claims Palm Beach Gardens man was real estate “racketeer”

While Tamara Filippova sat in her house in Siberia, her son-in-law in Palm Beach Gardens used her name to create a real estate world that defrauded her of more than $8 million, her lawyers say in a federal lawsuit filed this week. The 21-count, 158-page suit against Ilia Mogilevsky, which cites the
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Chinese housing market positivity likely to fade in 2018

Chinese housing market positivity likely to fade in 2018

The Chinese economy is witnessing solid growth and low inflation. This year, the housing market is expected to slow down to turn sentiment less positively. Both domestic and external demand has been favorable and this would likely continue for a while into 2018, noted Nordea Bank in a research
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Lending rates are on pause, may rise based on liquidity, says deputy MD of HDFC Bank

Lending rates are set for a pause and then an upmove if the present liquidity conditions persist, Paresh Sukthankar, deputy managing director, HDFC Bank, told reporters after the bank's Q3 results. The bank has decided to disclose the total value of its divergences on asset quality with the Reserve Bank
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LA Times Staff Votes to Unionize in Blow to Owner Tronc

Tronc, whose other publications include the Chicago Tribune and Baltimore Sun, aggressively fought the labor drive in meetings, online and in emails. In a Jan. 3 email to employees that was reviewed by Bloomberg, L.A. Times Interim Executive Editor Jim Kirk and Editor in Chief Lewis D'Vorkin warned:
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Trump Tells Abortion Opponents He'll Defend 'Right to Life'

President Donald Trump speaks live via video link to the annual “March for Life” participants and anti-abortion leaders on Jan. 19, from the White House in Washington, D.C.. Photographer: Brendan Smialowski/AFP via Getty Images. President Donald Trump criticized the Supreme Court's 1973 Roe v.
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Hughes: Mortgage rates indicate more sales to come

When looking forward to what my year will look like, one of the big things that has my attention right now is the mortgage application trends. We've seen a continual boost in the amount of loan applications, which is indicative of the amount of people who are preparing to purchase a new home.
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Bitcoin ETF Race Is Heating Up Despite SEC Oversight: Balchunas

Guests: Eric Balchunas, Senior ETF Analyst for Bloomberg Intelligence, on U.S. regulators raising investor protection concerns about cryptocurrency mutual funds and ETFs. Fashion designer Rebecca Minkoff and brother and CEO Uri Minkoff, creative director of Uri Minkoff, on growing the brand, selling
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Chicago-Area Home Sales Moved Slower Than The Regional Average In 2017

She said sellers who put their homes on the market for a fair price and who maximize their homes' value with adequate maintenance and upkeep should do fine in this housing market. The report also found homes at the higher end of the price scale are among those taking longer than average to sell.
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Video Banking

In a rush? Car full of kids? Video banking is your new best friend. Conduct almost any transaction a teller can do from the convenience of your vehicle via live video. Deposits, withdrawals, transfers, even cash your checks to the penny. You'll wonder how you ever lived without it! FEATURES. Extended
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Strafford County real estate finishes 2017 on high note

DOVER — Residential real estate sales in Strafford County finished 2017 on a high note with year-to-date volume in December up by 11.9 percent for single-family homes and up 15.2 percent for residential condominiums. Prices were also up – by 9.2 percent for a single-family and by 6.4 percent for a
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Mortgage lending franchisee rebrands his business

“We just want to differentiate our branch from other Open Mortgage branches in Wichita,” he says. The mortgage lending business is located at 7340 W. 21st Street North, a site from which Gonzales has operated since 2010. That branch has four employees, a total Gonzales anticipates will grow this year
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The Backbone Behind Premier Capital Investment

Hazel is the author of the book “Profiting from Mortgage Notes,” which can be found on Amazon.com. He is also the creator of Note Buying Cash Machine, an online portal that trains new investors on the specifics of investing in mortgage notes. Note Buying Cash Machine can also be found on iTunes as
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World's Most Admired Companies: Fortune Releases List for 2018

Fortune's method for determining the World's Most Admired Companies had it surveying 680 executives from over 50 industries. The publication specifically asked about the companies that they admired most inside and outside of their own fields of work. In total, Fortune uses the opinions of 3,900
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Sapraicone: I would buy you a cup of coffee but it would break the law

If left unchallenged, it is now illegal for a title insurance representative in New York State to buy a client a cup of coffee. Say what? … If this regulation is allowed to run amuck it could serve as a regulatory model that will harm every entrepreneur, service business or startup company. This is no small irony.
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Trump And Lawmakers Got Cash From Payday Lenders, Then Weakened Lending Rules

Less than two months after President Donald Trump tapped his budget director to run the independent federal agency tasked with protecting U.S. consumers from harmful and predatory financial practices, the agency has moved to undo a rule intended to prevent payday lenders from preying on
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Guaranty Federal Bancshares, Inc. Announces Preliminary 2017 Financial Results

Income from sales of mortgage loans held for sale and the guaranteed portion of Small Business Administration (SBA) loans increased $312,730 (18%) and $449,177 (151%), respectively. Efficiency ratio remained strong at 66.45% despite the Company's significant investments in personnel, facilities,
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Break into Toowoomba housing market: 'You only need $1000'

TOOWOOMBA Turnkey Homes is making it easier than ever for first home-buyers to break into the market. Toowoomba Turnkey Homes is a part of property development company PEART Land. It partners with local builders to deliver completed homes to buyers. But what makes them different is that they
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New American Funding Continues Expansion Into Lone Star State

New American Funding has continued its expansion across Central Texas with the addition of Team Candy Buzan in Austin, Texas. Buzan, who has been ranked by the Austin Business Journal as a Top Producer since 2012, will serve as Branch Manager and Senior Loan Officer. Buzan will be joined at
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UFC 220 staff picks: One of the two title fights in Boston is unanimous

In the main event, heavyweight champion Stipe Miocic (17-2 MMA, 11-2 UFC) is in pursuit of UFC history against challenger Francis Ngannou (11-1 MMA, 6-0 UFC). A win would give Miocic a company record three straight heavyweight title defense – yet he's the underdog to the hard-hitting Ngannou.
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Blockchain expert: "It's not going away"

In a conversation with HousingWire's Sarah Wheeler, Hoffman discussed blockchain technology in relation to the mortgage industry. “We're still in early stages of this, so I equate it to an automobile on a dirt road behind a horse and buggy. Our infrastructure is not there yet, but it is being developed.
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Personal Lending & Project Delivery

The Business Consultant reports to the Sr. Manager, Project Management and is responsible to gather, define, and manage business requirements; support business process design; create high-level solution designs; and provide implementation planning & support. The role serves as a facilitator
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Gun thefts from retailers soar as ATF scrambles for answers

Gun thefts from retailers soar as ATF scrambles for answers

Bloomberg Gun Dealers Face Thieves. Guns are rarely inexpensive items and often the target of thieves. But the government doesn't seem to have an answer for this particular crime wave. The ATF said it's looking into the data in order “to identify causation for the uptick in these types of crimes over the
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Form 6-K SASOL LTD For: Jan 19

… Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant, Sasol Limited, has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: 19 January 2018 By: /s/ V D Kahla Name: Vuyo Dominic Kahla Title: Company Secretary
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Deutsche Bank Reports Suspicious Activity Related to Jared Kushner's Accounts

A German business magazine is reporting that Deutsche Bank, the German financial giant which is a major lender to both President Donald Trump and his son-in-law Jared Kushner, identified “suspicious transactions” related to Kushner family accounts, and has reported them to German banking
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Why Macy's Departing Chairman Thinks the Chain Has Turned a Corner

Fortune sat down with Lundgren, who is leaving Macy's altogether on Jan. 31 and will dedicate more time to corporate boards, mentoring students and enjoying family and friends, on the sidelines at the recent National Retail Federation conference in New York. The questions and answered have been
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GE's Credit Risk Rises After Insurance Charge Spooks Investors

“It came with no prior announcement,” said Joel Levington, credit analyst at Bloomberg Intelligence. “It makes you wonder what other skeletons they have in the closet.” The company's bonds have also been hit in the past week to trade multiple notches below their assigned credit ratings, according to a
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Will First American Financial Corporation (FAF) Run Out of Steam Soon?

The company has market cap of $6.85 billion. It operates through Title Insurance and Services, and Specialty Insurance divisions. It has a 24.43 P/E ratio. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related services
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Banking, financial sector hope govt will stay true to its promises

Indian banking and financial services sector, along with new-age financial technology companies, are expecting the government to take some pro-active measures to implement and execute some of the reforms that were announced last fiscal. During a panel discussion, Countdown to Union Budget
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San Diego's Newest Banking Endeavor

The two long-time bankers and businessmen are opening San Diego's first new bank since 2007 — Endeavor Bank — but they don't think of it as just a bank. This is an opportunity to create a unique relationship-oriented platform to deliver business advice and banking services hand-in-hand.
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EPA Disavows Its Own Shutdown Plan

The Environmental Protection Agency's public contingency plan for a federal shutdown isn't necessarily accurate and may not reflect its current plans, according to a well-placed source familiar with the situation. The source? The Environmental Protection Agency itself.
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Facebook to Start Ranking News Sources on Trustworthiness

Facebook Inc., which is cutting the amount of news in its news feed, will prioritize information from the publishers that remain on the social network by measuring how trustworthy they are, the company said. Trustworthiness is based on a recent survey of U.S. Facebook users that gauged their familiarity
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Bitcoin Futures Cop Says It Will Remain on Beat During Shutdown

The U.S. Commodity Futures Trading Commission said it would keep tabs on Bitcoin futures trading and other markets during a government shutdown, even though it would be forced to halt many other normal activities. “One component of the agency's mission is to oversee orderly derivatives markets,
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Zillow Launches 3D Home Search

Phoenix, Ariz. home shoppers and sellers will now be able to get a more immersive look at a home with the new addition of Zillow 3D Homes to for-sale and for-rent listings. Phoenix, Ariz. home shoppers and sellers will now be able to get a more Zillow's immersive 3D tour enables buyers to get a more
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Trump to Meet With Britain's May at Davos, White House Says

President Donald Trump will meet with British Prime Minister Theresa May next week while he is at the annual World Economic Forum in Davos, Switzerland. White House Press Secretary Sarah Sanders announced plans for the meeting Friday, saying in an emailed statement that Trump “looks forward
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Mortgage Rates Friday: Rising and There Are Fewer Homes to Buy

The average rate on a 30-year fixed-rate mortgage slipped a notch while the rate for the 15-year fixed was unchanged and the 5/1 ARM rose incrementally, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday. While rates were tame today, 30-year mortgage
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Bay Area housing: And you thought you were already depressed

Just consider the latest predictions and pronouncements about the Bay Area market. If you are looking to break into it, good luck. Over the past several months, the region has racked up a series of dubious distinctions. Back in November, we learned that a $216,181 household income is needed to buy a
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Red Hat recognized as one of Fortune's Most Admired Companies

Last year was an exciting year for Red Hat, filled with new and expanded collaborations, product innovations, community engagement and leading the spread of open source throughout tech and into other industries. In recognition of this growth in our leadership, Fortune has named Red Hat to its list of
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When Should You Buy Endo International plc (NASDAQ:ENDP)?

Endo International plc (NASDAQ:ENDP), a pharmaceuticals company based in Ireland, led the NasdaqGS gainers with a relatively large price hike in the past couple of weeks. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the
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Fed's Quarles details steps to ease rules from Volcker to stress tests

FILE PHOTO: U.S. Treasury Under Secretary for Domestic Finance Randal Quarles speaks during a Reuters sponsored panel discussion on the future of the U.S. housing foundations Fannie Mae and Freddie Mac in New York, U.S. July 19, 2006. REUTERS/Keith Bedford/File Photo. During a speech in
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Children May Suffer Worst Effects of Housing Crunch

The nation's tight housing market has been the subject of plenty of news stories, as stagnant incomes and rapidly rising prices in many cities have made it harder for middle-class residents to afford a mortgage. In several places, it's increasingly difficult for tenants even to find places they can afford to rent.
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Lynchburg holding real estate rehabilitation and renovation program informational meetings

(WSET) — The City of Lynchburg has scheduled a series of informational meetings about the city's Real Estate Rehabilitation and Renovation Program. They said any resident who owns a qualified property and is renovating or rehabilitating that property could be eligible for a tax exempt program.
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Financial Center Hires Executive Director of Commercial Lending

Financial Center Hires Executive Director of Commercial Lending

Indianapolis, Ind. – Financial Center First Credit Union has hired Don Goeb as its new Executive Director of Commercial Lending. With over 26 years of banking experience, Goeb has served in various roles including marketing, human resources, business development, branch management, and
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CoreLogic: Amazon's Top Cities For Second HQ Are Mostly 'Hot' Housing Markets

There's no doubt that whichever city ends up hosting Amazon's second headquarters will benefit from increased home values. But a recent analysis from CoreLogic shows that the degree to which any given market benefits depends largely on the level of home price increase already seen in that given
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Tyson Foods Tops FORTUNE's World's Most Admired Companies List for Food Production

Tyson Foods, Inc. (NYSE:TSN) was recognized today by Fortune magazine, for the second consecutive year, as No. 1 on the World's Most Admired Companies list in the Food Production category. The annual survey, conducted by Fortune and the Hay Group division of Korn Ferry, is given to top
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FHFA's Watt Offers Proposal on GSEs' Future

“The FHFA's proposals to preserve the important role of Fannie Mae and Freddie Mac in the secondary mortgage market would help ensure continued access to the market for community bank lenders and the customers they serve,” said Independent Community Bankers of America President and CEO
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Recent Woodbury/Middlebury Home Sales | Local Real Estate Guide

Looking for a home to buy? Or are you curious about recent home sale prices in Woodbury and Middlebury? Maybe you just like looking at what's on the market. Whatever your inclination, you can find something in our Woodbury and Middlebury Real Estate Guide thanks to our partners at realtor.com.
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4 ways to capture multicultural sales in 2018

Lower-down payment mortgage loan options through products such as Fannie Mae's HomeReady and Home Possible mortgages from Freddie Mac require borrowers to attend financial workshops or seminars to ensure they are educated about their obligations and their rights. One way loan officers can
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Group to donate $100K toward slain marshal's mortgage

The foundation is now asking people to donate too, so the entire mortgage note can be paid off. Hill, a York County resident, was fatally shot the morning of Thursday, Jan. 18, as he and fellow members of the U.S. Marshals Service's Fugitive Task Force were serving an arrest warrant at a Harrisburg City
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Oil's up, bitcoin's down, equities fly and bonds cry

Oil prices rose this week to three-year highs, suggesting that mortgage rates could follow. Here's why a hike in oil prices could fuel a hike in rates.
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Trump and Republicans Risk Taking Blame for 'Schumer Shutdown'

Rep. Greg Walden, an Oregon Republican, squarely blames Sen. Chuck Schumer for a possible shutdown. Republicans spent Friday trying to hang the blame for a possible government closure on the Senate's top Democrat, saying the “Schumer Shutdown” meant the party was putting the needs of
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Melbourne notches strongest annual house price gains since 2010

New Real Estate Institute of Victoria figures show citywide house prices increased for the seventh straight quarter in December, up a modest 1.1 per cent to a median of $821,000. This took Melbourne's 2017 price growth to 13.2 per cent — the biggest rise since 2010. Wakelin Property Advisory director
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Commentary: 3 Surprising Things About a Government Shutdown

Talk of an impending shutdown of the United States federal government spreads far beyond Washington, D.C. these days. The reason: Funding halts completely on Friday if a temporary deal is not reached. Time is quickly running out. I'll be honest. Two weeks ago, I thought the likelihood of a shutdown
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CFPB dismisses tribal payday lending case

Two days after the Consumer Financial Protection Bureau (CFPB) announced it would re-examine its small-dollar/payday lending rule, the bureau dropped a lawsuit it filed against four online tribal payday lenders. The case against the Habematolel Pomo of Upper Lake (HPUL) Tribe Economic
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incorrect deposit amount in checking

A deposit was made and the total was incorrect and its cleared through the bank. How do I fix this? – Let TD Helps show you how you can reach your goals.
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Manitowoc real estate transfers and homes sold: Jan. 21, 2018

To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of $83,333. Real estate sold at a price of $100,000 would have a transfer fee of $300. OTHER NEWS: Holy cow! Charlie Berens, 'Manitowoc Minute'
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House passes bill that eases HMDA requirements for smaller lenders

The House of Representatives this week passed a bill that exempts some smaller lenders, community banks, and credit unions from the additional HMDA reporting requirements that went into effect at the beginning of this year. On Thursday, the House passed the “Home Mortgage Disclosure Adjustment
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East Jefferson real estate transfers for Dec. 23-Jan. 3, 2018

Bourg Court 4: Clinton E. Young and Allyson P. Young to David P. Taylor Jr. and Naomi J. C. Taylor, $315,000. Elmwood Industrial Park Mounes Division subdivision, lot 4A2, square A: D. Stop Prop LLC to Preferred Investment Properties LLC, $360,000. Roseland Parkway 416: Bank of New York
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RERA is not for strangulating, but promoting real estate sector, says Venkaiah Naidu

Vice-President M. Venkaiah Naidu defended the role of the Real Estate Regulatory Authority (RERA), while speaking at the inauguration of the 28th convention of the Builders' Association of India here on Friday. “Real estate regulation is not for strangulation, but for regulation and promotion of the sector
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Why Tide Pods Are Even More Toxic than Regular Laundry Detergent

One would think that goes without saying, but there's been such an epidemic of teenagers intentionally ingesting the colorful, candy-sized packs of detergent that the American Association of Poison Control Centers felt it necessary to put out an alert on the issue earlier this week: In the first 15 days of
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Southwest Airlines named among the world's 10 most admired companies by Fortune

For the 24th year in a row, Southwest Airlines was ranked as one of the world's most-respected companies in a survey of corporate executives by Fortune magazine, putting alongside companies like Starbucks, Walt Disney and FedEx. Southwest checked in at number eight on Fortune's ranking, which
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CFPB Requests $0 for Q2 Expenses

It what may be a historic first, the Consumer Financial Protection Bureau (CFPB) is not requesting any federal funds to cover its quarterly expenses. According to a USA Today report, CFPB Acting Director informed Federal Reserve Chairwoman that his agency had $177.1 million left over at the start of
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Coca-Cola Wants to Be More Environmentally Friendly. Here's How

Coca-Cola Wants to Be More Environmentally Friendly. Here's How

Earlier this month, Coca-Cola shook things up when it announced a dramatic new redesign for Diet Coke cans in addition to new Diet Coke flavors. The beverage company's latest announcement also has to do with cans, but this time how to clean them up. For every can or bottle Coca-Cola sells
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TPG Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its …

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or “the Company”) announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2017 on Wednesday, February 21, 2018, after the market closes. TSLX invites all
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Pinning hopes on the FM

The National Real Estate Development Council (NAREDCO), an apex body of real estate sector in its pre-budget memorandum has laid stress on measures that will increase the purchasing power of the homebuyers and more incentives for the developers so that the demand and supply balance is
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Birmingham banking vets plan to form new bank

A group of Birmingham banking veterans have applied to form CommerceOne Bank, which would be the first new bank to form in Birmingham in a decade. According to filings with the FDIC and the Alabama State Banking Department, a group that includes several former executives at First Partners
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Wynn Resorts Once Again Outranks All Other Casino Resorts on FORTUNE Magazine's 2018 …

LAS VEGAS, Jan. 19, 2018 /PRNewswire/ — Wynn Resorts today was once again honored as the highest ranking casino resort on FORTUNE Magazine's 2018 World's Most Admired Companies list in the hotel, casino and resort category, ranking third overall among internationally distinguished
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Corium International (CORI) Shares Up 6.3% Following Insider Buying Activity

Corium International logo Corium International Inc (NASDAQ:CORI) shot up 6.3% during trading on Friday following insider buying activity. The stock traded as high as $13.24 and last traded at $13.09. 662,100 shares changed hands during mid-day trading, an increase of 189% from the average
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Quicken's Rocket Mortgage is 100 Thieves' first LCS sponsor

Following suit from FlyQuest's partnership with Snickers last week, 100 Thieves announced today that Rocket Mortgage by Quicken Loans will be its League of Legends team's first major sponsor. In the announcement video,100T brand owner Matthew “Nadeshot” Haag showed off the team's brand new
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Real estate notes, Jan. 20, 2018

NORTH HAVEN — Dawn Calvo, CEO of the New Haven Middlesex Association of REALTORS® (NHMR) is pleased to announce the Association's 2018 Board of Directors. They are as follows: President Joel Grossman, Calcagni Real Estate, Wallingford; President-Elect Yolanda Lowe, Berkshire
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William Raveis Charitable Fund Announces Donation To Damon Runyon Cancer Research …

Founded in 1974, William Raveis Real Estate, Mortgage & Insurance is the No. 1 family-owned real estate company in the Northeast and the No. 8 real estate company in the country, according to REAL Trends. In 2016, William Raveis Real Estate closed over $9 billion in sales and over $10 billion in
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US home construction tumbled in December

But the ramp up in construction has done little to offset the dwindling pool of homes for sale, which has caused prices to surge faster than wage growth. The hot housing market is being fueled by a strengthening job market. The unemployment rate is holding steady at a 17 year-low of 4.1 percent.
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Science Says Sleeping in on Weekends Is Good for You

According to a new study, sleeping in on the weekends might actually be good for you. Many of us miss out on sleep during the week and then try to “catch up” on the weekends by staying in bed long after we might have traditionally gotten up. Historically, sleep scientists have avoided suggesting this,
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PwC's Sinead Ovenden: 'Banks need to see PSD2 as a strategic opportunity'

PSD2 will unleash an open banking revolution, says PwC's Sinead Ovenden. But, for that to happen, banks need to protect your data and open it to emerging fintechs. Sinead Ovenden is a partner at PwC Ireland. Ovenden has specialised in regulation for more than fifteen years, working in banking in
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Revised servicing sale agreement to give Ocwen a $280M payment

Ocwen Financial is receiving a lump-sum payment of $280 million from New Residential under the latest restructuring of the mortgage servicing rights sale. That payment is due in five business days, a Securities and Exchange Commission filing Ocwen made on Jan. 18 said. The transaction, first
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Arvest's KC operations crank up the growth

Since entering the Kansas City market in 2009, Arvest Bank has grown its local presence from 19 associates to about 300, and more than a quarter of those are the result of the growth of its mortgage operation. Arvest offers mortgages out of all 16 of its branch offices in the Kansas City area, seeing the
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Microsoft Surface Book 2 13 Review

The Surface line has never been known for offering the best in connectivity options, and for the most part, the Surface Book 2 13 follows that trend. …. the lightest notebook, at 3.38 pounds — but then again, that's not too heavy given that its 13.5-inch 3:2 display is more like a 14-inch 16:9 in real estate.
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Real Estate Confidential: The home buyer's guide to Vineyard Haven

In the current real estate market, with fewer properties available and prices on highly desirable properties going up, downtown Vineyard Haven currently offers the best price and investment opportunity for luxury in-town homes on the Vineyard. I understand the draw of Edgartown, with its stately homes
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What does 'The Trump Effect' mean for the Canadian housing market in 2018?

The inauguration of President Donald Trump exactly one year ago today has had wide reaching impact across the world. Think the Canadian housing market might have escaped the reach of 'The Trump Effect?' Think again — the president's increasingly unclear thoughts on NAFTA could have serious
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Florida Housing Finance Corporation ending 3 'Hardest-Hit Fund' programs

The Florida Housing Finance Corporation says it will close three Florida Hardest-Hit Fund (HHF) programs. Applications for the Unemployment Mortgage Assistance Program, Mortgage Loan Reinstatement Program, and Principal Reduction Program must be completed on or before the end of January.
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KeyCorp Reiterates Buy Rating for Magna International (MGA)

Magna International (NYSE:MGA) (TSE:MG)'s stock had its “buy” rating reaffirmed by research analysts at KeyCorp in a research note issued to investors on Wednesday. Other research analysts have also recently issued reports about the company. Raymond James Financial upped their price target on
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Real-estate transactions: Jan. 19, 2018

450 Macey Lake Road, Metamora, Brian T. and Laura M. Hobbs to Jared M. and Jeri R. Alig, $280,000. 1358 Timber Oaks Drive, Metamora, Ping K. Lau to Raymond and Therese Wise, $355,000. State Route 116, Benson, Brian, Ernest, Robert F., Todd and Troy Monk to James W. and Carol J. Sauder,
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New housing voices on Capitol Hill will reshape industry's future

New housing voices on Capitol Hill will reshape industry's future

As the interim director of the CFPB, Mulvaney will also be a member of the Financial Stability Oversight Council, which will also play a role in reshaping our housing rules. The FSOC includes several newly installed financial services executives who are friendly with banks and Wall Street, among them
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ADP Named to "World's Most Admired Companies" by FORTUNE for TwelfthConnect@ADP Blog

In a tradition that spans more than 20 years, FORTUNE® magazine today published its “World's Most Admired Companies” list for 2018. I'm proud to report that once again ADP's corporate reputation earned us recognition on this list. We also earned the number two spot on the Financial Data Services
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BRIEF-Thrace Plastics Co Sa Says Change Of The Company's Name To Thrace Plastics Holding …

BRIEF-Thrace Plastics Co Sa Says Change Of The Company's Name To Thrace Plastics Holding And Commercial Societe Anonyme. Reuters Staff. 1 Min Read. Jan 19 (Reuters) … TITLE “THRACE PLASTICS CO. S.A.” Source text : bit.ly/2DkF4MG Further company coverage: (Gdynia Newsroom).
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Op-Ed: Trump's recent comments on immigrants may impact the housing market in Orange County

As the news cycle shuffles through another period of President Donald Trump's latest brash of words, I'm still focused on the cacophony to emit from his mouth recently. While speaking with lawmakers about immigration, Trump derailed the meeting by calling African and Central American countries a
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Real Estate Notes: Waterfront Portsmouth home sells for $1.67M

29 for $1.67 million, according to Lila Delman Real Estate International. The sellers of 15 Hammel Court, Joseph Pasquale and Caren Demoulas, were represented by Delman associate Alex Thursby. Teri Degnan Real Estate & Consulting represented the buyers, Brian and Jennifer Shepherd.
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9-11 foundation pledges $100K to pay off slain marshal's mortgage, challenges public to double it

11, 2001 terror attacks has launched a drive to pay off the mortgage for the family of a deputy U.S. marshal killed in Harrisburg. And to kick it off, the Stephen Siller Tunnel to Towers Foundation has pledged $100,000 to its push to free Deputy Marshal Christopher's Hill's family from one more worry.
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Disney Among Fortune's Most Admired Companies for 2018

The Walt Disney Company has once again placed high on Fortune's list of “World's Most Admired Companies,” ranking No. 1 in the entertainment industry and No. 6 overall for 2018. This marks Disney's sixth consecutive year in the top 10. Fortune partnered with global management consulting firm Korn
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Bitconnect Ponzi Scheme – No Sympathy From Crypto Community

What looked too good to be true ended up being just that, as Bitconnect has all but closed its doors. Long accused of being a Ponzi-scheme, Bitconnect shut down its cryptocurrency exchange and lending service this week. As stated on their website, Bitconnect had received cease and desist letters from
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How Damaging is the Decline in Housing Starts & Permits?

Though the U.S. housing industry is gradually recovering from damages caused by the recent hurricanes, limited land availability, labor shortage and higher material costs, there is nothing to fret about. Also, despite a probability of mortgage rate hikes in 2018, optimism surrounding the housing market
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Rocket Mortgage to sponsor 100 Thieves 'League of Legends' esports team

Detroit businessman Dan Gilbert's Rocket Mortgage said Friday that it's investing in the rapidly-growing esports space by inking a corporate sponsorship deal with the 100 Thieves video game team that includes naming rights to a luxury gamer training house in California. The 100 Thieves team is video
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Banks relaxed lending rules in Q4

Banks relaxed lending to companies and households in the fourth quarter of 2017, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Based on the central bank's Fourth Quarter 2017 Senior Bank Loan Officers Survey (SLOS), credit standards, as measured using the diffusion index (DI) approach
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Seattle-based startup Pioneer Square Labs raises $15 million to expand its successful startup studio

Since its launch in October 2015 by Benjamin Gilbert, Geoff Entress, Greg Gottesman and Mike Galgon, PSL has spun out nine companies, six of which have been announced and have received funding from leading U.S. venture capital firms. PSL's team has grown to over 20 employees, including
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Serial winners Telkom out to defend title in Accra

Men's defending champions Eastern Company Club of Egypt will be up against Police Machine of Nigeria as their compatriots Elsharkia who are also a force to reckon in the championships open their account with hosts GRA. Ghana have yet to lift a single Club Champions title since its inception and will
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Scientists Now Think Adolescence Should Last Until Age 24

People and students mill about on the campus of Hunter College of The City University of New York, April 10, 2017 in New York City. Drew Angerer/Getty Images. By Emily Price. 2:45 PM EST. We used to consider adolescence ending at age 19, but now scientists in the UK think we should consider the
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Exception to amended mortgage act receives OK

The first time Daniel and Gratziela Dina appealed to the Illinois Appellate Court in a foreclosure case filed by First Mortgage Co., they scored a nice victory. The 2nd District Appellate Court interpreted the Illinois Residential Mortgage License Act as voiding their mortgage if the original mortgagee (First
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Senators to US Treasury: Preserve marijuana banking access

A bipartisan group of 15 senators on Thursday joined the chorus of Congress members calling on the U.S. Treasury's Financial Crimes Enforcement Network's to keep intact marijuana banking guidance. FinCEN guidelines established in 2014 outlined how financial institutions should approach banking
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CEE MARKETS-Hungarian bond yields jump on IRS tender, forint leads easing

The NBH, one of the most dovish central banks in the world, launched the IRS programme and mortgage note buying to push long-term market interest rates lower. The first IRS tender, held on Thursday, disappointed. The offered amount was well below demand and the pricing less cheap than expected
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Facebook Decides Against Thursday Night Football Bid

Both CBS and NBC, which paid a combined $450 million for the Thursday night television rights this season, intend to bid less than they paid in 2017, Bloomberg reported earlier this week. Fox and ABC are also in the mix. — With assistance by Sarah Frier, and Lucas Shaw. Before it's here, it's on the
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Neuswanger: Chamonix Vail buyers have many financing options for their homes (column)

While most of the mortgage business conforms, on a certain level, to the same guidelines established by Fannie Mae and Freddie Mac (the two government agencies that end up owning most of the mortgage loans out there), some lenders have more restrictive overlays that make it harder or, in some
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Argos ALERT: Warning over THIS text messages sent in sophisticated banking fraud scam

He said: “Fraudsters will send you a text message that asks you to reply with your personal or banking details, or to call or text a premium-rate number they have created to run up a large bill. “Contact like this is designed to convince you to hand over valuable personal details or your money.”
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Is Buying Papa Johns International Incorporated (NASDAQ:PZZA) Here Good Idea?

Is Buying Papa Johns International Incorporated (NASDAQ:PZZA) Here Good Idea?

Investors sentiment is 1.05 in Q3 2017. Its the same as in 2017Q2. It has no change, as 22 investors sold Papa John's International, Inc. shares while 73 reduced holdings. only 33 funds opened positions while 67 raised stakes. 29.04 million shares or 4.20% less from 30.32 million shares in 2017Q2
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Caterpillar Named One of Fortune's World's Most Admired Companies in 2018

We are proud to be named to Fortune's World's Most Admired Companies® 2018 list. This year, Caterpillar is ranked number 43. Caterpillar has appeared in the Top 50 All-Stars list for 17 consecutive years. “We welcome this recognition as one of the world's most admired companies,” said CEO Jim
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4 Ways to Embrace Disruptive Technologies

These economic realities have squeezed multifamily developers' margins, as Emerging Trends in Real Estate 2017 notes. At the same time, the growing complexity of multifamily development projects has made effective onsite planning, management and monitoring increasingly difficult and costly.
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Product Manager

New Career Opportunity! Key Bank- Corporate has an opening for a Product Manager – Business Banking in Buffalo, NY.
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UPDATE 1-Credit Suisse Asia Pacific investment banking co-head leaving – sources

HONG KONG, Jan 19 (Reuters) – Credit Suisse Group AG's Asia Pacific co-head of investment banking and capital markets, Mervyn Chow, is set to leave the bank after nearly two decades, people familiar with the move told Reuters. Chow was also named chief executive for Greater China in October last
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NXT Capital Refinances GA Property

tombstone Chicago-based NXT Capital has furnished a $30 million first mortgage loan to refinance a 165-unit apartment community in Atlanta. Ardmore & 28th is a newly constructed Class A+ property in the amenity-laden Buckhead district. The community provides views of the city, and offers access to
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Fed's Quarles says regulators have begun work to 'streamline' Volcker Rule

WASHINGTON (Reuters) – U.S. financial regulators have begun work on a proposal to “streamline” the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be cheered by banks that have long complained
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Turning the Page: Houston's Multifamily Market Poised for Growth in 2018

Fannie Mae and Freddie Mac, which account for the lion's share of production of multifamily loans, are expected to scale back their green financing programs. These initiatives offer favorable loan terms to borrowers whose properties have achieved water- or energy-saving certifications and/or retrofits.
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Introducing Dealmakers: Real estate news and business items

Megan Miner Malone has joined Cushman & Wakefield/Pyramid Brokerage Company Pyramid Brokerage as an associate real estate broker after working in the legal field in both the public and private sectors for more than 19 years. During her career she served as a Town Justice for the town of North
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Revealed: how one London neighbourhood is worth more than Liverpool

Over five years, price gains across Oxford's four main postal districts have remained within 3 percentage points of each other. Relative price difference does not seem to matter. For example, the property market in OX4, Oxford's cheapest area, which contains Cowley and Blackbird Leys, has gained 36
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Fannie's new audit requirement could add to some nonbanks' costs

Updated Fannie Mae requirements clarify that lenders need to conduct an independent internal audit, something that might require additional investment by nonbanks to set up. Fannie is requiring that internal audits be separated from all other functions of companies, according to a recent selling guide
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Stocks News Update: Momenta Pharmaceuticals Inc. (NASDAQ:MNTA), CYS Investments, Inc …

CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. CYS Investments, Inc. has elected to be taxed as a real estate
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Pacific Union CEO Mark A. McLaughlin Earns Top Honors As Nationally Ranked Power Broker

Founded in San Francisco in 1975, Pacific Union International, Inc. is the West Coast's premier luxury real estate brand with 2017 sales volume of $14.1 billion. In 2016, real estate industry leaders RISMedia and REAL Trends ranked Pacific Union as the eighth-largest brokerage in the U.S.. Through its
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Universal Mortgage Corp. vs Hadler

THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION. NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage: DATE OF
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Trump's "consumer protection bureau" will let the $50B payday lending industry gouge the poorest …

Now, the CFPB has signaled its intention to cancel the new rules limiting the worst behavior of the payday lending industry, a $50,000,000,000 force who will be able to go on charging 300% APR interest to people borrowing from paycheck to paycheck. The rules were scheduled to go into effect next
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Delta's New Emotional Support Animal Policy Will Make It Harder to Travel With Your Pet

A male passenger seen from the waste down with a laptop computer in one hand and a retriever puppy peering out from his owner's bag in the other; both human and pet are about to board a domestic flight from Chicago O'Hare airport. Richard Baker/Corbis via Getty Images. By Grace Donnelly.
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Quicken Loans Puts Its $400 Million Media Account in Review

Online mortgage lending giant Quicken Loans has launched a review of its media buying and planning account. “After nearly two decades, Quicken Loans has decided to open the RFP process for a new media planning and buying agency,” a Quicken Loans representative said in a statement provided
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Home Improvement Expert: Trends for 2018

CEDAR RAPIDS, Iowa (KCRG-T9) — A new year means new designs for your home. For 2018 we've got some cool tends and some do-it-your-self ideas you can try at home. Nate Holler with Intrepid Real Estate explains ways to spruce up kitchens, bathrooms, and living rooms.
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VA plans further crackdown on lending scams

Phone calls can begin only a day after veterans close on VA-guaranteed home loans. Brokers will claim they can offer an even lower interest rate, or a better strategy for refinancing, that will cut mortgage payments even more. The practice is called serial refinancing, or home loan churning, and the goal
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Rocket Mortgage by Quicken Loans and Esports Powerhouse '100 Thieves' Announce Major …

DETROIT, Jan. 19, 2018 /PRNewswire/ — 100 Thieves, one of the most recognizable franchises in esports gaming, today announced a historic partnership with Rocket Mortgage by Quicken Loans, the first end-to-end completely customizable online and on-demand mortgage experience. As part of the
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Generic-Drug Makers Fall as Justice Department Threatens to Sue

Generic-Drug Makers Fall as Justice Department Threatens to Sue

Shares of generic-drug makers including Mylan NV and Teva Pharmaceutical Industries Ltd. fell after the Justice Department's antitrust division said it might sue them for damages in a price-fixing probe. If taxpayers were overcharged because drugmakers conspired to raise the price of drugs, the Justice
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Why Snap Is Laying Off Two Dozen Employees as Problems Persist

The layoffs, which numbered 22, were across eight different divisions inside Snap, including content, engineering, and partnership, Cheddar reported on Thursday, citing people with knowledge of the company's moves. Snap subsequently confirmed the layoffs to Cheddar on Thursday. Snap has come
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Why Switzerland's banks are dying out

After decades of much-vaunted banking secrecy that has made it the world's largest center for overseas wealth, Switzerland's banking sector is poised to finally open up. From this year onwards, account data must be exchanged with foreign tax authorities, putting an end to the privacy protections and tax
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Fee income, rising rates boost Regions' 4Q profit

Fee income and higher interest rates boosted fourth-quarter earnings for Regions Financial in Birmingham, Ala., even as lending declined slightly from the year-earlier period. Net income for the $123 billion-asset Regions totaled $335 million, up 13.5% from the fourth quarter of 2016. Earnings per share
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Will the mortgage industry continue to boom in 2018?

Mortgage lenders will, I think, also become more inventive. There is already some evidence of this with some clever twists being introduced by the newer lenders, such as allowing parents to be included on a mortgage application but not being actual owners of the property. This avoids a stamp duty
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Ask a real estate pro: Can you speak at an association meeting with a proxy? That depends

Board Certified Real Estate Lawyer Gary Singer explains what a homeowner association proxy voter is. Gary M. Singer … Board-certified real estate lawyer Gary M. Singer writes about industry legal matters and the housing market at SunSentinel.com/business/realestate each week. To ask him a
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Institutional Investors Are Buying Argo Group International Holdings LTD (NASDAQ:AGII)

Argo Group International Holdings LTD (NASDAQ:AGII) institutional sentiment decreased to 1.23 in 2017 Q3. Its down -0.10, from 1.33 in 2017Q2. The ratio has worsened, as 81 active investment managers increased and opened new positions, while 66 sold and decreased their stakes in Argo Group
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Fortune's List of Most Admired Companies in the World for 2018 has Apple at #1 for the 11th …

Today, Fortune listed the top 100 'Most Admired Companies in the World' for 2018 and Apple came in at number one, a position they've held for eleven consecutive years. Samsung didn't even make it into the top 50 this year. Apple is also listed as #3 on the Fortune 500 list, and #9 on the Global 500 list
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ADP Celebrates Being Named to FORTUNE Magazine's 2018 "World's Most Admired Companies …

ROSELAND, NJ–(Marketwired – Jan 19, 2018) – ADP®, the leading global provider of human capital management (HCM) solutions, was named today to FORTUNE® magazine's “World's Most Admired Companies” list for 2018. ADP has been recognized on FORTUNE magazine's annual list for 12 years
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Philip Morris International Inc. (PM) Shares Sold by Kayne Anderson Rudnick Investment …

Kayne Anderson Rudnick Investment Management LLC lowered its holdings in Philip Morris International Inc. (NYSE:PM) by 0.7% during the third quarter, according … Societe Generale upgraded Philip Morris International from a “hold” rating to a “buy” rating in a research report on Friday, October 20th.
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Ocwen reaches mortgage settlements with two more states, inks new deal with New Residential

Ocwen also disclosed that it inked a new version of its massive mortgage servicing rights deal with New Residential Investment, followed through on issuing 2.5 million shares of company stock as part of a $49 million class action settlement over the company misstating its net income in 2013 and 2014,
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ESMA updates MiFID II transparency calculations

The European Securities and Markets Authority (ESMA) has published an extended version of its transitional transparency calculations (TTC) for equity and bond instruments reported under the second Markets in Financial Instruments Directive/Regulation (MiFID II/R). Equity instruments traded for the
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Hong Kong securities and derivatives markets break records in 2017

The results come just weeks after the Securities and Futures Commission (SFC) of Hong Kong proposed additional safeguards on the use of securities lending, repo and derivatives transactions in a new consultation. The SFC said its three-month consultation, which began in December and runs until 19
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These 10 cities are the most competitive places to buy a home

LendingTree, the parent company of MagnifyMoney, just released its ranking of the 100 most competitive homebuyer markets in the U.S. They based their results on 1.5 million purchase mortgage loan requests that were done through the LendingTree marketplace in the country's 100 largest cities in
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Is the Senate planning to move Fannie, Freddie into receivership?

Thursday afternoon, policymakers examined a plan from the Federal Housing Finance Agency that could turn Fannie and Freddie into utilities with access to an explicit government guarantee against catastrophic loss, an article by Ian McKendry for American Banker explained. However, sources close to
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Aetna named one of Fortune's 2018 World's Most Admired Companies

Aetna was named to Fortune's 2018 World's Most Admired Companies list. The company was ranked in the “Health Care: Insurance and Managed Care” category.
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Is Buying International Paper Company (IP) Here a Winning Strategy?

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It fall, as 37 investors sold International Paper Company shares while 252 reduced holdings. 76 funds opened positions while 199 raised stakes. 333.87 million shares or 1.34% less from 338.41 million shares in
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How Will a Government Shutdown Affect the Mortgage Industry?

shutterstock_589919459-300×183 All eyes are trained on Capitol Hill as the Senate heads towards a showdown vote on a legislation to keep the government open past midnight as a house bill to fund the government past midnight faces a block from the Democrats. If the Republicans lose this vote,
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AutoGravity Aims to Double Lender Network, Expand Internationally in 2018

This week, the startup added Audi Financial Services to the platform, bringing its total number of lenders to more than a dozen. “We strive to build a complete portfolio of lenders and dealers to give consumers the full spectrum of choice,” Vartanov said. “Our perspective is that we only need about 20 to 25
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In 2018, 'there's so much capital earmarked for real estate' in Houston

Last year, Houston's office investment market saw $4 billion in assets trade hands in 2017, compared to $400 million in 2016 and $2 billion in 2015. HFF's Jimmy Hinton, managing director of the firm and head of its research efforts, said there are plenty of out-of-town buyers looking to invest in Houston
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