Is the banking sector facing a liquidity crisis?

Is the banking sector facing a liquidity crisis?

Just six months ago, the banking sector was facing problems over surplus liquidity. A number of banks had to stop taking deposits to reduce the burden of extra liquidity which stood at around TK1.25 lakh crore. The problem was exacerbated by the fact that investors did not see attractive growth for
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SBI hikes bulk deposit rates second time in two months; will lending rate cut follow?

Mumbai: In the second such revision in as many months, the nation's largest lender State Bank of India (SBI) on Tuesday hiked interest on bulk deposits of over Rs 1 crore by up to 140 basis points. The bank had last raised deposit rates, revisions on which generally precede similar moves on the lending
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Share Performance Check on iShares FTSE NAREIT Real Estate 50 (FTY): Move -4.68%

Shares of iShares FTSE NAREIT Real Estate 50 (FTY) have a 7-day moving average of 47.62. Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm
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Tracker mortgage scandal interrupts banks' recovery story

In a country famed for its storytellers, there is a general appreciation that every good tale needs a few plot twists. Still, Ireland's bankers could have done without the latest storyline: a mortgage scandal that has once again undermined public trust and disrupted the narrative of recovery that lenders have
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Chile's Daniel Jadue Groundbreaking Bet: A People's Real Estate

The construction is part of the mayor's newly introduced People's Real Estate program which is enabling low-income residents a decent apartment at a reduced rental price which will never be higher than 25 percent of a person's salary. Each apartment will measure 55 square meters and include three
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Why Some States Are Using Beet Juice and Beer to 'Salt' Icy Roads

When it snows, most cities around the United States throw salt on the roads. According to News Herald, experts who think that road salt is starting to contaminate our waterways are turning to something a little less conventional to get the job done: beet juice, molasses, cheese waste, and beer.
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Tighter credit checks China housing market

017a3968-04ef-11e8-9650-9c0ad2d7c5b5. 2:00 AM. Tighter credit checks China housing market Premium. By FT Confidential Research. FTCR China Real Estate Index falls again, although prices continue rising.
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Keurig is buying Dr Pepper Snapple

Keurig Green Mountain Inc. became a privately-held company in 2016 when it was acquired by Europe's JAB Holding Company in a partnership with snack company Mondelez International. JAB owns several other coffee brands, which Keurig Dr Pepper plans to tap into. It wants to expand bottled iced
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2018 outlook: No lifeline for the property market

Australia's housing market performance is likely to deliver quite a different result in 2018 relative to previous years as we see lower to negative growth rates across previously strong markets, more cautious buyers, and regulator vigilance around credit standards and investor-generated activity. While a
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Think you know what your house is worth? Think again

By contrast during and after the 2008 financial crisis Britain's mortgage lenders took a more tolerant approach to non-payers through the use of forbearance — a broad term for various informal remedies such as switching to an interest-only mortgage, reducing monthly payments, taking a payment
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James Nelson leaves Cushman & Wakefield to join Avison Young

He also produces the Nelson Report, a Real Estate Weekly video series featuring trends in the market and timely topics. He has been the recipient of numerous awards and recognitions, including being named one of New York's Top Brokers by Real Estate Forum, one of the Top 35 and Under New York
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Study: Alarming Number of Fortune 500 Credentials Found in Data Leaks

Data breaches are common in the news lately, but a recent study by credential monitoring firm Vericlouds focuses specifically on the credentials of Fortune 500 employees found in account leaks posted online. Using a corpus of 8 billion stolen credentials gathered over three years, the total number of
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Local legislators talk about what they're pitching in 35-day session

Those banks assign loans to federal finance agencies Fannie Mae and Freddie Mac, Hansell explained, which require the banks to use an electronic system to file while prohibiting the banks from recording the loan assignments in the county records. Hansell said counties are suing the banks to recover
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US Says Russian Jet Flew Within 5 Feet of US Navy Plane

Washington (AP) — The United States is accusing Moscow of unsafe military practices after it says a Russian jet flew within five feet of a U.S. Navy plane over the Black Sea. The State Department says the incident occurred Monday when a Russian Su-27 jet crossed directly in front of the flight path of the
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Thomson Reuters in Talks With Blackstone to Sell Unit Stake

Any transaction deal would add to the $105 billion of private-equity deals targeting the media and technology industries over the past 12 months, according to data compiled by Bloomberg. The board of Thomson Reuters is expected to meet Tuesday to discuss the private equity firm's all-cash offer for the
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Buying beef brisket, or pork belly. Hell any othe

Buying beef brisket, or pork belly. Hell any other meat than kassler or beef chuck is almost a achi… – “/int/ – International” is 4chan's international board, for the exchange of foreign language and culture.
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Two more banks raise lending rates

PETALING JAYA: Bank Muamalat and Bank Islam Malaysia Bhd have joined the ranks of four other banks to raise their base and base financing rates by 0.25%. Bank Muamalat said it would increase base rate (BR) from 3.75% to 4.00 per annum and base financing rate (BFR) from 6.75% to 7.00% per
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Indonesia's Fintech Lending Boom Exploits Shortfall in Bank Loans

The emergence of these peer-to-peer (P2P) lending platforms has so far been welcomed by Indonesia's financial regulators which see them as offering a much needed service to cash-strapped businesses and consumers at a time when Southeast Asia's biggest economy has been hobbled by sluggish
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Real estate investor bullish on Soho retail potential

Kevin Chisholm, managing partner and co-founder of real estate private equity firm 60 Guilders, is bullish on Soho retail — no matter what anyone else says. “Soho is the only outdoor shopping area on the planet with a critical mass of 600-plus stores, with premier and mass-market stores right next to
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David Hargreaves tries to make sense of the various conflicting factors influencing the housing …

First, I'll tell you what this piece is NOT going to be. It is NOT going to attempt to do a crystal ball number with our housing market. Yours truly has attempted that on previous occasions and found himself looking at cracked glass. It is though worthwhile as 2018 starts to get into swing to assess some of the
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Indonesia's fintech lending boom exploits the lack of bank loans

Indonesia's fintech lending boom exploits the lack of bank loans

JAKARTA (Reuters) – Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a financing shortfall estimated at more than $73 billion. The emergence of these
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Some interest-only mortgage borrowers could risk losing homes, regulator warns

Home owners with interest-only mortgages are being urged to act now and talk to their bank or building society after the City regulator found many people are yet to discuss repayment options with their lender. Nearly one in five mortgage customers have an interest-only home loan, the Financial Conduct
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Homebuyers' and developers' expectations from Budget 2018 for real estate

There is a paradigm shift being witnessed in Indian real estate. The introduction of RERA, GST coverage for realty (though not fully as yet), demonetisation and the push towards affordable housing has impacted industry players and consumers in different ways. By 2050, it is estimated that an additional
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Final quarter of 2017 sees most residential mortgage costs rise

According to the figures from Mortgage Brain, the price of a loan to value (LTV) three-year fixed rate mortgage at 60% grew by 5% during the final quarter of last year. For a 70% LTV mortgage at a two-year fixed rate, there was a price rise of 4%. The data also showed a 3% increase for an 80% LTV fixed
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Wholesale, insurance and banking industry say lifting GRT exemptions will destroy industries

Guam – Yesterday's(Tues) public hearing on bill 230, which proposes the repeal of tax exemptions given to the wholesale, insurance and banking industry, lasted for nearly 8 hours. The hearing began with doctors and staff of GMH but after the doctors were done members of the wholesale insurance
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Spain's Elite Edges Away From Rajoy

Mariano Rajoy is rallying his troops for a political fightback. But his troops aren't so sure. The Spanish prime minister is encouraging some senior officials to run in regional elections next year as he looks to shore up his People's Party's power base, according to people familiar with his thinking who asked
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Even Trump's Allies Scorn Plan for Federal 5G: 'We're Not Venezuela'

It's been both conservative dogma and law for more than 20 years: private companies rather than the government should guide the future of U.S. telecommunications. So it was an unpleasant surprise to many when a draft proposal urging heavy federal involvement in the next generation of fast mobile
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Trump White House's 'State of the Uniom' Typo Is Far From Its First

Some lucky invitees were given tickets to President Donald Trump's “State of the Uniom” speech on Tuesday. The Office of the Sergeant at Arms and Doorkeepers is responsible for issuing the State of the Union tickets for spouses and guests of members of Congress to attend the speech—but it appears
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UK Mortgage Approvals at 3-Year Low as Housing Market Slows

U.K. Mortgage Approvals at 3-Year Low as Housing Market Slows … U.K. lenders approved the fewest mortgages in almost three years in December as a Bank of England interest-rate increase added to the headwinds facing the … The interest rate on new mortgages climbed above 2 percent last month.
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Mortgage approvals slump to lowest level in nearly three years, show latest figures

Mortgage approvals slumped to their lowest level in almost three years in December and consumer credit growth crept up again, according to the latest data from the Bank of England. The Bank reported that there were 61,039 approvals for house purchase in the month, down from 64,712 in November
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Budget 2018: Why P2P should be empowered to fill the void in SME financing

While banks have come up with numerous reasons to justify the anaemic amount of lending to the sector, what is noteworthy is the fact that where banks have failed, others are moving in. RBI data show that NBFCs have increased their lending to the SME sector by giving out about Rs 680 crore to the
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Carney Says Cryptocurrency Transactions Shouldn't Be Anonymous

Bank of England Governor Mark Carney said cryptocurrency payments are often used for money laundering or other illicit activity and he's against users having their identities kept secret from authorities. Carney, who also chairs the global Financial Stability Board, said he wasn't talking about investors
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Signs of upswing as slide's over in Singapore's playground for the rich

When Singapore's property market began a slide in end-2013 that lasted for nearly four years, Sentosa was hardest hit. During the downturn, prices for Sentosa Cove apartments fell 35 percent from where they started 2013 compared with a 10 percent drop on the mainland, according to real estate
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Lender CYBG posts higher Q1 lending, warns mortgage growth to ease

Jan 30 (Reuters) – Lender CYBG Plc posted higher mortgage lending in the first quarter, but said growth in the market would ease over the remainder of the financial year 2018. The company, which made its London debut after it was spun off by National Australia Bank, said it continued to expect
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Restaurant Brands International Target of Unusually Large Options Trading (QSR)

Krilogy Financial LLC raised its stake in shares of Restaurant Brands International by 2,938.5% during the 3rd quarter. Krilogy Financial LLC now owns 1,975 shares of the restaurant operator's stock worth $126,000 after buying an additional 1,910 shares during the period. Cerebellum GP LLC acquired
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Big Changes Are Reshaping Jerusalem

Alienated Arabs are increasingly finding work in Jewish areas, a reality almost unheard of a few years ago. By. Gwen Ackerman. @GwenSahar More stories by Gwen Ackerman. and. Fadwa Hodali. More stories by Fadwa Hodali. January 29, 2018, 7:00 PM PST. Jerusalem's Malcha mall was bustling
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US Releases List of Russian Tycoons, Officials for Potential Sanctions

“I wasn't expecting this because I don't have any foreign or domestic assets,” he told Bloomberg by telephone. The lists, mandated by Congress in retaliation for election meddling in a law passed last summer over White House objections, had sparked anxiety among Russia's business elite and
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'Trump Dossier' Firm Says Grassley Put Its Workers in Danger

The research firm that produced the so-called Trump dossier during the 2016 election is accusing Senate Judiciary Committee Chairman Chuck Grassley of “knowingly” putting some of its employees in danger and wants the Ethics Committee to investigate. In a letter Monday, lawyers for the
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Evanston resident faces potential eviction due to reverse mortgage practices

Evanston Collective founder and president Bobby Burns said Steele was a victim of “predatory reverse mortgage lending practices.” Her husband had taken out a reverse mortgage, allowing him to use their home's value to pay bills and expenses, but when he died, Cook County officials sent Steele an
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Indonesia's fintech lending surge takes advantage of deficit in bank credit

Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a financing shortfall estimated at more than $73 billion. The emergence of these peer-to-peer (P2P) lending
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Stocks Are Dropping for a Second Day After Rising for So Long. What You Need to Know

Stocks Are Dropping for a Second Day After Rising for So Long. What You Need to Know

World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets' euphoric start to the year. The move above 2.7% by U.S. Treasury yields — the benchmark for world lending rates — helped
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New UK mortgages fall to three-year low after Bank of England rate hike

At the same time, lending to consumers – something the BoE is watching closely – sped up for the first time in four months. Britain's economy lagged behind stronger growth in much of the rest of the world last year as the rise in inflation triggered by June 2016's Brexit vote and weak wage growth ate into
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Home Sweet Home Or Financial Burden

There will be closing costs associated with the purchase of your home, such as the loan origination fee, appraisal, prepaid property taxes and mortgage insurance, title insurance, etc. On average, closing costs range from 2 percent to 5 percent of the purchase price of the home. 4. You can cash flow your
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EDB may assist Tajikistan in lending to its private sector

The Eurasian Development Bank (EDB) may assist Tajikistan in lending to its private sector, TajikTA news agency reported. The issue was discussed on Jan. 29, at the meeting of Chairman of the National Bank of Tajikistan Jamshed Nurmahmadzoda with Chairman of the Management Board of the EDB
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FHA Financiers Honing In On Affordable Housing

Despite signs that the housing market will continue to grow, rising land and construction costs have made the development of affordable housing increasingly challenging. To cater to the demand for affordable housing, the U.S. Department of Housing and Urban Development (HUD) has made it easier
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Choosing Between Blackhawk Network Holdings, Inc. (HAWK) and Oaktree Specialty Lending …

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) and Oaktree Specialty Lending Corpo (NASDAQ:OCSL) are both Financial companies that recently hit new low. The recent price action of these companies has left many investors wondering what actions to take. To determine if one is a better
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California State Teachers Retirement System Sells 3517 Shares of Encore Wire Co. (NASDAQ:WIRE)

Encore Wire logo California State Teachers Retirement System trimmed its holdings in shares of Encore Wire Co. (NASDAQ:WIRE) by 9.8% during the 3rd … is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing.
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Mortgage market generates more defective loans for third consecutive quarter

“If they haven't already done so, lenders should consider how they'll address these specific loan quality issues if purchases continue to dominate the market.” Mortgage critical defects first spiked in the fourth quarter of 2016, when the implementation of the TILA-RESPA Integrated Disclosure rule caused
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China's New National Team

Just as Amazon.com Inc. bought Whole Foods Market Inc., the nation's tech firms have been on a bricks-and-mortar spree. Alibaba has an alliance with Sun Art Retail Group Ltd., and began the trend in 2015 with its investment in Suning. Tencent has a stake in Yonghui Superstores Co., while JD.com
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Commercial lending in 2018: Open for business

Commercial lending in 2018: Open for business. It won't be business as usual in 2018. Change is in the air in commercial banking, from new technologies and players to possible shifts in regulations and the tax code. How credit unions respond to those changes will affect their bottom lines and ability to
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Thatcher Celebrates 25 Years In Real Estate

Lyndy Thatcher Bermuda Jan 2018 Lyndy Thatcher is celebrating her 25th anniversary in the real estate business, and her team at Rego Sotheby's International Realty said they “celebrate the success of her career, her dynamic personality, and the enthusiasm she brings to the world of real estate here
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Schwab Charles Investment Management Inc. Has $1.24 Million Stake in Arlington Asset …

Arlington Asset Investment logo Schwab Charles Investment Management Inc. boosted its position in Arlington Asset Investment Corp (NYSE:AI) by 10.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 97,466 shares of the financial services provider's stock after
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Direct Material Buying Support Analyst

Mondelez International has a career opportunity for a Direct Material Buying Support Analyst – Bratislava, Bratislava.
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Italian banking commission fails to approve joint findings – sources

ROME (Reuters) – A cross-party parliamentary commission set up to look into the collapse of 10 Italian banks in the past two years has failed to agree on joint findings, political sources said on Tuesday. The commission only started work in September and quickly became a focal point of political
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Trump Campaign Says Donor Names Will Flash During Livestream of State of the Union Speech

In the latest reminder that it's never too soon to start campaigning for reelection, President Donald Trump's camp sent out a fundraising solicitation on Monday: pay at least $35 and your name will appear on the campaign's livestream of the State of the Union address Tuesday night. The solicitation reads:
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Changes In Commercial Real Estate Are Rewriting Landlord Rules For The 21st Century

The digital transformation is more than just another buzzword. As the millennial workforce prepares for middle age, Gen Z is now also entering the workplace and continuing the drive for better technology and mobility. The future of commercial real estate is forcing landlords to evolve and meet a new set
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Short Seller Who Rode Steinhoff Drop Finds Target in Capitec

The short seller who wrote a damning report about accounting irregularities at Steinhoff International Holdings NV has found a new target in Capitec Bank Holdings Ltd., South Africa's best-performing stock over the last decade. The shares fell the most in more than 15 years before paring losses. Viceroy
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Google Bets a Billion Dollars More Brains Can Help Take On Apple

Google officially closed its $1.1 billion deal with HTC Corp., adding more than 2,000 smartphone specialists in Taiwan to help the search giant chase Apple Inc. in the cut-throat premium handset market. The deal will help Google design more of its own consumer hardware and could set it up to wade
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Leaked Brexit Economic Forecasts See UK Re-Fight an Old Debate

The leak of government forecasts on the economic impact of leaving the European Union is giving both sides of the debate a chance to rehash arguments from the 2016 campaign. The analysis was supposed to be so secret that government ministers weren't going to be allowed to keep their own copies,
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Venezuelan Pirates Rule the Most Lawless Market on Earth

Their industry all but destroyed, former fishermen now run guns one way, diapers another. On the sea with the desperate and ruthless. By. Jonathan Franklin. More stories by Jonathan Franklin. January 30, 2018, 2:00 AM PST. Venezuela and the island of Trinidad are separated by only 10 miles of water
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Home prices surge to new high, up 6.2% in November

Home prices surge to new high, up 6.2% in November

The supply crisis in the housing market is not letting up, and neither are the home price gains. National home prices rose 6.2 percent annually on S&P CoreLogic Case-Shiller's most broad survey. Another S&P index of the nation's 20 largest housing markets showed a 6.4 percent gain, higher than
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In-Flight Wi-Fi Is About to Get a Lot Faster

As passenger expectations rise and many seat-back screens vanish, airlines up their game—and your bandwidth. By. Justin Bachman. @justinbachman More stories by Justin Bachman. January 30, 2018, 6:00 AM PST. With in-flight Wi-Fi finally emerging from its role as a punch line, there's good news
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NetEnt's Mega Fortune™ slot secures SlotMillion's first ever millionaire

NetEnt, leading provider of digital gaming solutions, has given one lucky player the perfect start to 2018 after securing a €2553604.67 jackpot while spinning the reels on the progressive jackpot slot, Mega Fortune™.
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Second charge lending – a year in the headlines

When combined with the improved lending figures reported over the closing months of 2016, and increased levels of competition, there was certainly reason to enter the new year with plenty of optimism. Looking back over the past 12 months there has been a regular supply of news, articles and
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PulteGroup Announces $500 Million Increase to Share Repurchase Plan

Such risks, uncertainties and other factors include, among other things: interest rate changes and the availability of mortgage financing; competition within the industries in which we operate; the availability and cost of land and other raw materials used by us in our homebuilding operations; the impact of
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The Malaysian International Furniture Fair (MIFF)

Buyers attending the Malaysian International Furniture Fair (MIFF) this year will encounter not only a bigger show, but also a variety of complementary attractions. More international companies are participating in the event, taking place from 8-11th March at the Putra World Trade Centre (PWTC) and the
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Using artificial intelligence to measure technological and retail industry trends

Experts from fields of real estate, traditional merchandise business, science and technology, cultural consumption, market research, self-brand probed into technological innovation and in-depth integration. AI and new retailing, what would the influence be of the combination of these two trendy words on
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Osprey Energy Acquisition Corp Class A (OSPR) and Real Estate Bear 3X Direxion (DRV) Shares …

Technical analysts will use chart patterns to help study market moves and identify these trends. Some traders will use highly complex charts while others may only follow a few major indicators. Deep diving into the technical levels for Real Estate Bear 3X Direxion (DRV), we note that the equity currently
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Available Capital, Market Growth Boost Houston's Commercial Real Estate Industry; Experts at …

HOUSTON, Jan. 30, 2018 /PRNewswire/ — The availability of capital for Houston, ongoing population growth and the improving economy influence positive trends in the city's commercial and industrial real estate industry, cite three market experts at the annual BoyarMiller Real Estate Forum.
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Invesco Real Estate Closes Senior and Mezzanine Loans in California, Texas, and Washington …

ATLANTA, Jan. 30, 2018 /PRNewswire/ — Invesco Real Estate, the global real estate team at Invesco Ltd., announced today that it has recently participated in $252 million of total financings, originating and closing five loans as part of its rapidly expanding commercial real estate lending platform.
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Here's What You Need To Know About That 'Nationalized 5G' Proposal

Sunday brought a big surprise in the form of a leaked proposal to create a secure, government-controlled “5G” network in the U.S. that would keep out the Chinese (in more ways than one). The document, leaked to Axios and largely verified by Reuters, was the product of a “senior National Security
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The gap between asking and achieved home prices in London is widening

A decrease in demand has widened the gap between asking and achieved home prices in London and other southern cities in the UK, new data shows. Listing prices across London have experienced increased levels of discounting, averaging now at 4 per cent compared to 0.5 per cent in 2014.
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Forget Self-Driving Cars, Robot Delivery Vans Are Here

As every major automaker and dozens of tech companies race to replace drivers in Uber cars and taxi fleets, Nuro is ignoring humans altogether and steering for Amazon.com Inc., United Parcel Service Inc. and any retailer looking to build its e-commerce business. “We realized we could make it
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Amazon, Berkshire, JPMorgan Move to Target Health-Care Costs

Amazon.com Inc., Buffett's Berkshire Hathaway Inc. and JPMorgan Chase & Co. said they plan to collaborate on a way to offer health-care services to their U.S. employees more transparently and at a lower cost. The three companies plan to set up a new independent company “that is free from
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Lawsuit seeks to stop big California homeless camp shutdown

The lawsuit alleges the defendants forced homeless people from those jurisdictions into an area along the Santa Ana River and that the county is now trying to force those people back into surrounding areas without a plan for shelter or housing. “The failure, if not the outright refusal of Orange County and
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Dudley & Shanley LLC Sells 5200 Shares of American International Group Inc (NYSE:AIG)

Tower Research Capital LLC TRC lifted its stake in shares of American International Group by 1.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,004 shares of the insurance provider's stock valued at $250,000 after purchasing an additional 68 shares during the period. Roundview
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Capstead Mortgage (CMO) to Release Earnings on Wednesday

… relatively short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), or by an agency of the federal government,
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Unit construction hit as lending rules kick in

JLL's latest Apartment Market report showed lower investment demand as a result of Australian Prudential Regulation Authority policies on bank lending for investor units and imposts by state and federal governments had hit all major capital city unit markets. Across the board, 25 per cent less stock was
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Capitec falls as Viceroy report casts doubt over bank's finances

Capitec Bank Holdings plunged the most since 2002 after short-seller Viceroy Research said the lender may be concealing losses by refinancing loans that customers were unable to repay. Viceroy Research said in a report Tuesday that Capitec, which makes unsecured loans mainly to low- and
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Commonwealth Bank sued for alleged rate rigging by regulator

Commonwealth Bank is the last of the nation's big-four lenders to face claims it manipulated the benchmark, the local equivalent of Libor. Australia & New Zealand Banking Group Ltd and National Australia Bank Ltd in November agreed to pay A$50 million (S$53 million) each to settle. Westpac Banking
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Mnuchin Says Russia Sanctions Coming After 'Oligarchs' Report

Mnuchin Says Russia Sanctions Coming After 'Oligarchs' Report

New U.S. sanctions will follow the publication of a list of Russian billionaires and top Russian officials, Treasury Secretary Steve Mnuchin vowed on Tuesday. Mnuchin said the “oligarchs list” wasn't delayed by the Trump administration after it was published late Monday, just as a
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Saudis Reap $107 Billion in Graft Pacts as 56 Remain Held

What does Saudi Prince Alwaleed's return home mean for Kingdom Holdings? Bloomberg's Yousef Gamal El-Din reports. (Source: Bloomberg). Saudi Arabia's benchmark Tadawul All Share Index extended gains after the announcement to close 0.8 percent higher in Riyadh. Prince Alwaleed's Kingdom
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UPDATE 1-New UK mortgages fall to 3-year low after Bank of England rate hike

Consumer credit growth had been slowing gradually since it peaked at nearly 11 percent in November 2016. Net mortgage lending also rose by a stronger than expected 3.68 billion pounds. The BoE has said there is no British debt bubble but has told banks to set aside more money against the risk of
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Hong Kong lender banking on finger veins being better than faces for ATM security

Bosses at Bank of China Hong Kong said on Tuesday they expected to bring finger vein identification to all of the company's ATMs across the city, claiming the feature to be more secure than facial recognition. The bank – the first to use the new technology in the city – had already extended it to a third of
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Siena Lending Group Appoints Director, Southeast Origination

Siena Lending Group LLC announced that Eric Gill has joined the firm and will be leading its business development efforts in the Southeast as Director-Southeast Origination. Gill is well qualified to lead this expansion into the Mid-Atlantic and Southeast United States with over 35 years of experience
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Beneficial owners highlight top sec lending challenges

Global Investor's 2018 beneficial owner survey collected some interesting responses from pension funds, asset managers, central banks and insurance companies across the globe. We quizzed over 100 asset owners on the biggest securities lending-related challenges ahead. Some of those responses
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Market Now: Realty stocks tumble; Indiabulls Real Estate cracks 3%

NEW DELHI: Realty stocks Indiabulls Real Estate (down 3.11 per cent), Unitech (down 1.12 per cent), Godrej Properties (down 0.91 per cent), Oberoi Realty (down 0.76 per cent), Housing Development & Infrastructure (down 0.59 per cent), DLF (down 0.26 per cent) and Sobha (down 0.19 per cent) were
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Is wealth planning the answer for private banks in Asia?

A panel of leading wealth management private bankers assembled at the Hubbis Asian Wealth Solutions conference in Singapore to debate the … But Asia is moving forward, and banks are garnering more assets under management [AUM] and doing more on wealth planning, wealth solutions, tax, legal
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Buffett, JPMorgan Chase and Amazon Team on Healthcare Endeavor

Two corporate giants in the financial services industry and the nation's largest e-commerce company have teamed up to announce a new healthcare services initiative. According to a Bloomberg report, Warren Buffett's Berkshire Hathaway, JPMorgage Chase & Co. and Amazon.com Inc. issued a
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CYBG enjoys rise in mortgage lending but sees slower growth

The Clydesdale and Yorkshire banking group (CYBG) has notched up a hike in first quarter mortgage lending, but warned growth would slow amid … despite a competitive operating environment, seeing continued momentum in both mortgage and SME (small-and-medium-sized enterprise) lending.
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Home Lending Advisors in Renton

Find a Chase Home Lending Advisor in Renton. Speak with a Lending Advisor or schedule a consultation to see if you prequalify.
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Berkadia Acquires 50 Percent Ownership Stake in Riverside Capital

Mr. Ervin will lead the coordination of Berkadia's affordable debt products including Fannie Mae, Freddie Mac and HUD. In his time at Berkadia, Mr. Ervin launched the Seniors Housing and Healthcare group and is currently the head of Berkadia's HUD production team, who was ranked #1 for volume in
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SAP Makes Biggest Deal Since 2014, CEO Backs Trump's Tax Plan

SAP SE Chief Executive Officer Bill McDermott has backed U.S. President Donald Trump's tax plan, and revealed a $2.4 billion deal for Callidus Software Inc., its biggest acquisition in more than three years. SAP said Tuesday it will pay $36 a share for Dublin, California-based Callidus, known as
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Amazon, Berkshire, JPMorgan to set up a health company for staff

Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. said they plan to collaborate on a way to offer health-care services to their U.S. employees.
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IP65-rated wire-to-wire connectors at TTI

Aimed at consumer, non-automotive transportation and industrial applications, Molex Valu- Seal Wire-to-Wire connectors have a one-piece housing design which simplifies assembly processes by reducing part counts, while crimp-and-poke wire assembly offers additional cost efficiencies. Their compact
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Home Prices Are Up Again

The latest data from the S&P CoreLogic Case-Shiller Indices reaffirmed what has become the obvious news story of the mortgage industry: home prices … The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.2 percent annual gain in November, up from 6.1 percent in the
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Santander to host hackathon: Building Banking Your Way

From today, the registration for Santander's hackathon: Building Banking Your Way, is open for applicants. The event will take place in Shoreditch, London, over two days in March. The activity aims to offer all start-ups, students, tech enthusiasts and creative minds in the FinTech industry, the opportunity
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McDonald's Investors Hungry for More Growth After Comeback Run

After kicking off a rally in 2015, McDonald's now carries a rich valuation compared with its peers, Bloomberg Intelligence analyst Mike Halen said. Investors also have grown accustomed to seeing McDonald's beat estimates, rather than merely matching them. The last time the company didn't exceed U.S.
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Deja Vu: Home Price Gains Being Led by Usual Suspects

Home price gains picked up the pace again in November according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The index, which covers all nine U.S. census divisions, rose 6.2 percent compared to November 2016. The annual increase in October was 6.1 percent. On a monthly
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Exploring The Future Of Retail In A World Powered By Blockchain

Fake software and movies—especially internationally. A friend of mine worked in Bosnia not long after the war. There was a place called CD Alley where you could buy anything from Microsoft Word to Quark Xpress—not to mention movies that hadn't even been released in the United States yet—for just
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Wells Fargo cements DeVito's role as head of home lending

Wells Fargo cements DeVito's role as head of home lending

Michael DeVito, who was named Wells Fargo's interim head of home lending after the bank fired consumer lending head Franklin Codel, is now officially leading the residential mortgage unit. “Michael is a seasoned and respected leader, with deep experience in both mortgage sales and servicing.
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The WOW Benchmark: Top Performers for Mortgage Companies and Loan Officers

Everyone knows customer and employee reviews are among your company's most valuable marketing, recruiting and process improvement assets. According to YouGov, 78 percent of consumers read reviews before making a buy decision and 87 percent of consumers trust online reviews as much as
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Refis Expected to Drop, Triggering Consolidations Across Mortgage Industry

The precipitous drop in refinancing activity expected this year could bring about widespread consolidation in the residential mortgage lending and servicing fields, according to Loan Logics, a mortgage loan quality and performance management software company. “This year is shaping up as a year of
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Financial Data Platform API

Envestnet | Yodlee is the platform for digital financial innovation. Leveraging Envestnet | Yodlee's single unified Platform API, developers can gain secure access to our Financial Data Platform featuring over 16,000 global data sources, including bank accounts, credit cards, investments, loans, and other
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Apple Pushes Back Some Key iPhone Software Features

Apple Inc. executives, seeking to improve the performance of iPhone software after months of reported quality issues, have decided to delay some key features originally planned for this fall's update, according to a person familiar with the matter. As part of an annual release of new iPhone models, Apple
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TH Real Estate puts 730 Third on the market

TH Real Estate, the property arm of TIAA, is looking to sell its 28-story office building at 730 Third Avenue, which at least one source speculates could fetch more than $460 million. The 665,000-square-foot building between East 45th and East 46th streets is home to TIAA's office, according to the
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Oro Valley woman to appear on 'Wheel of Fortune' tonight

Tucker's journey to wheel of fortune began when she attended a Wheelmobile event in Tucson in February of last year. A longtime viewer of the show, Tucker … Tucker is a learning and development professional with two kids and three grandchildren, according to Wheel of Fortune. And as a University of
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Pricing, contracts, closing: Real estate survey offers buyers, sellers crucial insights

What are the odds that pesky contract contingencies, such as mortgage financing or the appraisal, could jeopardize my good deal? Sellers have different concerns: What are the chances that I could actually get a higher price than what my cautious realty agent has persuaded me to offer? Might I have to
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Critical errors continue to rise as market shifts to purchases

These defects, the errors that make a mortgage loan uninsurable or ineligible for sale in the secondary market, were seen in 1.76% of all mortgages originated in the second quarter, up from 1.61% in the first quarter and 1.63% in the second quarter of 2016, according to Aces Risk Management.
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Perth housing market sees early signs of recovery

The Perth property market is beginning to see signs of recovery after being stuck in the doldrums for the first half of 2017. Property analyst Gavin Hegney told Domain News that the city managed to begin trending upward by the end of last year. “It started with trade-up buyers buying into areas with
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ARMCO: Critical Defects in Mortgage Loans Increased 9% in Q2 2017

Critical defects in mortgage loans increased in the second quarter of 2017, rising 9% compared with the first quarter of 2017, according to ARMCO's Mortgage QC Trends Report. It was the third consecutive quarter that the overall rate of defects increased. The report is based on data collected from
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How Trump's Campaign Appealed to American Morality: Eco Pulse

President Donald Trump embraced an “us vs. them” style of morality, a textual analysis of his campaign documents shows – and doing so seems to have helped him win votes. That's the finding of the first study in this week's economic research roundup, which also looks at how economic issues are less
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Macron Can Push French Economy On After Best Growth in Six Years

According to Bloomberg Economics, the “broad-based nature of the expansion makes it more sustainable.” While Macron's reforms are spurring confidence in France, he can't take all the credit. He's partly riding a wave created by tax cuts passed by the previous administration. Still, a stronger French
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Fortune Cookies for the New York Cynic

To celebrate the Lunar New Year, Hakkasan restaurant has enlisted Jay McInerney, the author of “Bright Lights, Big City,” to create cynical fortunes. “If at first you don't succeed try Botox” will not make your day. The Year of the Dog, indeed. They're inserted in very New York-style cookies, black-and-white
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Mortgage approvals fall to a near 3-year low

The number of new mortgages approved by lenders in the UK fell to the lowest level for almost three years during December, according to figures published on Tuesday by the Bank of England. A total of 61,039 new mortgages were approved last month, the lowest level since January 2015, and a near 6
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Keurig buying Dr Pepper for $18.7B

Shandong Ruyi Group of China is the leading bidder for Bally International, the Swiss leather-goods brand owned by JAB, according to people familiar with the situation. Dr Pepper Snapple itself is the product of serial dealmaking, principally by Cadbury Schweppes, which bought the Dr Pepper and 7Up
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Home Prices Continued to Rise in November — 2nd Update

“More supply will be critical to the continued health of the housing market going forward, as demand from home buyers is very unlikely to fade over the next year and beyond,” Zillow Senior Economist Aaron Terrazas said. November's numbers don't reflect the impact of changes to the tax code passed
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Mortgage rates today, January 30, plus lock recommendations

Mortgage rates today are higher across the board, as the prices of mortgage-backed securities (MBS) continue to fall. Bond prices are also in the dumps, and that, according to Mortgage News Daily, means inflation is on the radar in a big way. As this trend picks … Residential financing is still affordable.
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Markets steel themselves for US State of the Union address as US Dollar recovers [Video]

After weeks of rally, US stock markets corrected a little yesterday. That didn't stop the US Dollar from recovering most of the losses it suffered last week. The GBP-USD rate is back below $1.40 and the Euro–USD rate is down into the $1.23s, as America prepares itself for the first State of the Union
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Watch Treasury Secretary Mnuchin address the Senate Banking Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] U.S. Treasury Secretary Steven Mnuchin is expected to address the Senate Banking, Housing and Urban Affairs Committee on Monday during the annual oversight hearing of the Financial
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AMG Funds 2018 “Wealth Management Trends in America†Survey Finds Investor …

AMG Funds 2018 “Wealth Management Trends in America†Survey Finds Investor …

Trend reflects expectations of continued economic improvement, strong equity and real estate marketsGREENWICH, Conn., Jan. 30, 2018 — AMG Funds LLC, the U.S. retail distribution arm of global asset management company Affiliated Managers Group, Inc. (NYSE:AMG), today announced findings
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On-Demand Dog Walking App Wag Nabbed $300 Million in Fresh Cash From SoftBank

Wag, the nation's largest on-demand mobile dog walking and care app, is taking some major steps forward with a new chief executive and a fresh infusion of cash from the SoftBank Vision Fund. SoftBank's Vision Fund, the world's largest private equity fund that counts Apple and Saudi Arabia's main
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2017 a record year for Sterling real estate

The new tax law could have an impact on some real estate markets in 2018, but Pickens said he doesn't see it having much of an impact in Sterling/Logan County. According to the NAR, the new tax law reduces the limit on deductible mortgage debt and limits the deductibility of the real estate tax up to
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Access National Bank Welcomes Diane Weaver, SVP, Commercial Lending to Expanding Lending …

She brings more than 35 years of experience at both the national and community bank levels, concentrating on commercial real estate, medical and dental practice financing, and general commercial lending. “Diane's ability to provide creative banking solutions to her clients will result in an acceleration
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RBS Lending Report to Be Released by FCA After Lawmaker Grilling

RBS Lending Report to Be Released by FCA After Lawmaker Grilling. By … The U.K. Financial Conduct Authority is preparing to release a report into Royal Bank of Scotland Group Plc's business-lending practices after the bank's top executives gave the go-ahead following months of controversy over its
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Company that released chemical wants filters in nearby wells

FAYETTTEVILLE, N.C. (AP) — The company that makes a chemical that has been found in private wells near its North Carolina plant wants to install water filter systems at homes served by those wells. State records show Chemours wants to put carbon treatment systems in the wells, The Fayetteville
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Florida Realtors optimistic about 2018

Florida's housing market showed no signs of a seasonal slump at the close of 2017, and that isn't likely to change as 2018 ticks on, according to a new forecast from Florida Realtors. Unveiled at its mid-winter business meeting, the 2018 Florida Real Estate Trends forecast expects growth in the state's
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IDFC goes to the market to save merger of its banking arm and Capital First

To save the merger deal between IDFC Bank and Capital First, the former's parent company —IDFC — will make an open-market purchase of equity shares. This is being done to comply with the RBI requirement on new bank licensing norms. At IDFC Bank's current market price (₹57.20 at close on the
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Indiana Could Become the 6th State to Increase Smoking Age to 21

Indiana lawmakers are considering raising the purchase age for tobacco products from 18 to 21 years old. If it becomes law, Indiana would be the sixth state to increase the smoking to 21. Legislation that would raise the purchase age has been tried and failed before. But this time, there was enough
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Predatory Lending: Last Week Tonight with

Predatory Lending: Last Week Tonight with … Payday loans put a staggering amount of Americans in debt. They prey on the elderly and military service members. They're awful, and nearly impossible to regulate. We've recruited Sarah Silverman to help spread the word about how �. Posted on
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Iranians' banking problem in China settled

He went on to say that Central Bank of Iran is finding a market instead of United Arab Emirates (UAE) for banking and monetary exchanges in the Persian Gulf region. Reopening Iranian accounts in China is the result of intensive and tough negotiations made between senior officials of the Central Bank
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Niners Banking on Salary-Cap Flexibility

… John Lynch and head coach Kyle Shanahan were aggressive in free agency last year, bringing in a number of veterans, such as wideouts Pierre Garcon and Marquise Goodwin, fullback Kyle Juszczyk, pass rusher Elvis Dumervil and linebacker Malcolm Smith,without breaking the team's bank.
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Honeywell International Inc. (NYSE:HON) Stake Lowered by Amundi Pioneer Asset Management Inc.

Amundi Pioneer Asset Management Inc. reduced its stake in shares of Honeywell International Inc. (NYSE:HON) by 7.5% in the 3rd quarter, according to … Cowen restated a “buy” rating and issued a $150.00 target price on shares of Honeywell International in a research note on Thursday, October 19th.
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Berkadia Acquires Stake in LIHTC Syndication Company

He will lead the coordination of Berkadia's affordable debt products including Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development (HUD). During his time at Berkadia, Ervin launched the seniors housing and health-care group and is the head of Berkadia's HUD production
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Crye-Leike Real Estate Breaks Sales Record For 2017

Crye-Leike Real Estate Services, the nation's fifth largest privately-held residential real estate firm and the largest in the Mid-South, celebrates another record breaking year for 2017. The company sold $6.5 billion in real estate, and closed 32,583 transactions corporate wide to make it their highest sales
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Steven Mnuchin says he has options for handling Fannie, Freddie

The Treasury has administrative options for addressing the status of bailed-out mortgage giants Fannie Mae and Freddie Mac if Congress fails to act, Treasury Secretary Steven Mnuchin said Tuesday. Mnuchin told lawmakers at a Senate Banking Committee hearing that his “strong preference” would be
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Financial Fraud in the Digital Banking Age

Banking-as-a-service, or BaaS, is the new reality (and no, it's not a new kind of phish). Digital banking is growing fast, and by 2021 it is expected that three billion users will access financial services from a smartphone, tablet, PC or smartwatch. In today's technological world, financial services – be it loans
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Homebuyers are Screwed — But Not Your Homebuilder Trade

December existing home sales came in well below expectations. But demand isn't slowing down. The problem is that there aren't enough houses on the market for all the would-be buyers. Housing inventory dropped 11.4% in December, MarketWatch reports, marking the 31st month where supply was
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Kerby & Cristina Real Estate Experts

1-Click Job Application allows you to apply to 4+ jobs at KERBY & CRISTINA REAL ESTATE EXPERTS! Find career vacancies near you that are hiring now on ZipRecruiter.
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Lending fraud at LVB pushes bank to Q3 losses

Lending fraud at LVB pushes bank to Q3 losses … a profit of Rs 78.38 crore in the year-ago quarter after the private lender reported frauds of over Rs 65 crore and set aside more money to cover its bad loans. … In the last two years, this is the second time the private lender has unearthed a massive fraud.
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Steve Case: A Memo to the Cities Amazon Passed Over

Steve Case: A Memo to the Cities Amazon Passed Over

In Columbus, Ohio, for example, 14 Fortune 1000 companies dot the region. They are critically important customers and partners for the startup community and can provide credibility to nascent ventures. These companies are also rewarded with the local talent a robust startup ecosystem attracts. Finally
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Term Sheet — Tuesday, January 30

In 2016, 40.2% of firms on the Fortune 500 list had at least one founder who either immigrated to the United States or was the child of immigrants. • Those firms generated more than $4.8 trillion in revenue in 2014 and employed 18.9 million people globally. In short, U.S. immigration policy could deeply
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MFIs want lower GST rate, sops to lend to under-served sections

Shobha Roy Microfinance institutions (MFI) are looking for some respite in the form of reduction in GST rates, and incentives for lending to the underserved population, from the upcoming Budget. The MFI industry, which has been reeling under pressure post demonetisation on account of a substantial
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Steve Wozniak Doesn't Know Whether to Believe in Elon Musk Anymore

Apple co-founder Steve Wozniak is a deep skeptic when it comes to Elon Musk—and Tesla for that matter, though he still drives its cars. Wozniak told the Nordic Business Forum in Stockholm that he had become frustrated with Musk and Tesla's promises regarding their technology, and how the
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Bridging lending up 10% in 2017

“We have, for example, in this annual reporting cycle, seen regulated bridging finance lending outstrip unregulated bridging finance for the first time. “This follows on from the implementation of the mortgage credit directive and the consequential introduction of a new class of regulated 'consumer'
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Woman Sentenced to Prison for Wire Fraud in Maryland

According to her plea agreement, Franz managed the day-to-day operations of a title company located in Laurel, Maryland, where she prepared paperwork for real estate settlements and conducted banking transactions. Prosecutors say that in 2013 and 2014, instead of disbursing funds as required by
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Reviewing Dynex Capital (DX) and Orchid Island Capital (ORC)

Dynex Capital (NYSE: DX) and Orchid Island Capital (NYSE:ORC) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, dividends, profitability and
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#Viceroy report into #Capitec an attempt to downgrade banking sector – Sanco

Cape Town – The South African National Civic Organisation (Sanco) on Tuesday said United State-based research group Viceroy's report into Capitec Bank was an attempt to downgrade SA's financial and banking sector and to undermine an economy that is on the rebound post the African National
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National Mortgage Lender PrimeLending Opens New Branch in Phoenix, AZ Suburb

PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is authorized to make loans in 50 states and the District of Columbia. Founded in 1986
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Morning Scan Looking beyond Dimon; Wells taps mortgage chief

Who's next?: JPMorgan Chase named Daniel Pinto, head of its corporate and investment bank, and Gordon Smith, its consumer and community bank chief, as co-presidents and co-COOs, putting them in the running to succeed chairman and CEO Jamie Dimon. “This is the most clear statement yet by
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It's time to reform payday predatory lending in Alabama

In recent years, a number of proposals have been put forth to the Alabama Legislature to reform Alabama's predatory lending laws. Legislation passed in 2003, carved out a legal loophole to allow the payday industry to exist in Alabama. Alabama is one of the states in our country that has a high number
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KeyStoneB2B Announces New Flood Zone Determination Services

“According to the National Flood Insurance Program, even a few inches of water from a flood can result in tens of thousands of dollars in damage,” said James V. Luisi, Chief Information Officer and Chief Technology Officer for KeyStoneB2B. “That's the reason mortgage lenders are often required to
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Hunton & Williams Represents Freddie Mac and Berkadia in First Affordable Single-Family Rental …

Hunton & Williams LLP advised Freddie Mac and Berkadia in connection with the first affordable single family rental financing through Freddie Mac's.
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Capitec: Reckless lending allegations need to be investigated – COSATU

The Congress of South African Trade Unions has noted with concern the allegations of reckless lending against Capitec Bank. These disquieting allegations should be immediately investigated and clarified. COSATU is wary that if these allegations are proven to be true, they will have a disastrous
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Massachusetts in Servicing Settlement With Nationstar

“In Massachusetts, mortgage servicers are required by law to help prevent unnecessary foreclosures and keep families in their homes,” said Healey. “Nationstar failed to stop foreclosures and this settlement gives homeowners in the hardest hit areas in Massachusetts a chance to stay in their homes.
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Dynex Capital, Inc. (DX) Reaches $6.61 After 8.00% Up Move; Thomaspartners Has Increased …

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. Investors sentiment increased to 2.03 in Q3 2017. Its up 0.63, from 1.4 in 2017Q2. It is positive, as 5 investors sold Dynex Capital, Inc.
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Are You Mortgage-Ready? We Are.

To keep pace with home price appreciation, Conforming Mortgage Loan Limits just increased for the first time in five years – giving consumers more buying power.
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Anderson area sees $14000 jump in home prices

Solid evidence was offered Monday by the South Carolina Realtors Association, whose annual report showed that the Western Upstate region (Anderson, Oconee and Pickens counties) had the state's highest jump in median price of home sales in 2017. The median price of homes sold in those three
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Proper Title Names Neil F. Narut as Senior Underwriting Counsel

Proper Title LLC has announced the addition of Neil F. Narut Esq. as Senior Underwriting Counsel. Proper Title LLC has announced the addition of Neil F. Narut Esq. as Senior. “We are very fortunate to have someone with Neil's background and outstanding reputation in the industry join Proper Title,”
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Airbnb took away up to 13500 units from NYC housing market: Report

Researchers found that between 7,000 and 13,500 long-term housing units have been removed from the city's rental market because of Airbnb. That reduction in the city's housing supply means rents have gone up. Though the median increase was $380 per year, some neighborhoods in Manhattan saw
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Ridgefield real estate: Home sales strong, prices down

Ridgefield real estate: Home sales strong, prices down

Ridgefield's real estate market showed steady growth in 2017, with 22 more single-family homes being sold than in 2016. The total sales volume was also up from $259,407,724 in 2016 to $273,224,044 last year — good for a 5.3% increase. Despite the increased sales volume, the average sales price
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On Closer Inspection Your Blockchain ETF May Just Be a Tech Fund

What's more, the blockchain ETF's returns are nearly 90 percent correlated with those of XLK, according to data compiled by Bloomberg. … abnormally high when you consider the average fund launched since the start of 2017 holds about $51 million in assets, according to data compiled by Bloomberg.
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McDonald's Is Showing No Signs of Slowing Down

The fast-food chain on Tuesday reported another quarter of growing revenue, spurred by same-store sales rising a better-than-expected 4.5% in the United States, its largest market by far, and continuing a momentum that started to build three years ago. McDonald's has been winning market share back
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Columbus real estate community turns to new data source after Xceligent's demise

Central Ohio's real estate data exchange is humming again this week after the unexpected demise of a major data mining shop temporarily disrupted things. Ben Johnson, governing board chair of the Central Ohio Commercial Information Exchange, said in an email that the group has chosen Catylist of
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Current Mortgage Rates for Tuesday, January 30, 2018

Financial market participants are eagerly awaiting President Trump's first State of the Union Address later today, an event that could cause mortgage rates to adjust depending on what is said. Regardless, rates are expected to rise in the near and long term so we're recommending borrowers lock in a
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eSecLending updates best practice guide

eSecLending has updated its securities lending best practice guide to reflect the rise of US non-cash collateral, term trading, and peer-to-peer lending, along with the rising costs of indemnification. The financial services provider's third edition, available from today, aims to help market stay current on
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Free Banking for Bitcoin? How the Lightning Network Could Help

Bitcoin is important because it allowed individuals to transact directly with each other without needing to rely on a trusted third party like a bank or a payment processor for the first time. This means that bitcoin transactions are “censorship-resistant,” and no government or corporation or outside group can
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Real Matters Reports First Quarter 2018 Financial Results

The decline in the refinance mortgage originations market had a significant impact on the Company's title and closing revenues in the first quarter of fiscal 2018 due to its high correlation to refinance related volumes. U.S. segment revenues represented 90% of consolidated revenues in Q1 2018.
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Seattle and Las Vegas Are the Hottest Real Estate Markets in the Country Right Now

Looking to buy a home in Seattle or Las Vegas? You might want to hurry, as prices are rising fast—and showing no signs of slowing down. The just-released Standard & Poor's/Case-Shiller Home Price Index shows home prices in most major markets are increasing steadily, with the west coast being
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Perry Ellis International, Inc. (PERY) Shares Sold by Foundry Partners LLC

Foundry Partners LLC reduced its stake in shares of Perry Ellis International, Inc. (NASDAQ:PERY) by 3.1% during the 4th quarter, according to its most … Zacks Investment Research raised Perry Ellis International from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a
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Is California Really Trying to Ban Plastic Straws? Here's What You Need to Know

California Assemblyman Ian Calderon is facing outrage and ridicule for proposing a bill (AB1884) that would make straws only available upon request. As currently written, the bill stipulates that waiters at sit-down restaurants cannot provide plastic straws unless patrons ask for them. If they do not comply
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Turkish banking sector net profit hits all-time high

Turkish banking sector's annual net profit reached 49.1 billion Turkish liras ($13 billion) in 2017, hitting an all-time high profit, according to the Banking Regulation and Supervision Agency (BDDK) on Tuesday. Last year, the net profit of Turkish banks in 2017 recorded a yearly increase of 30.8 percent,
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Survey finds that most housing transactions aren't laced with sweeteners

They are gnawing questions that many home buyers inevitably ponder: What are my chances of getting the house I've fallen in love with at a price I can afford, which happens to be well below what the seller is asking? What are the odds that pesky contract contingencies, such as mortgage financing or
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What Rich Millennials Want in a Luxury Home: 20000 Square Feet

A new generation of affluent homebuyers powered by a surge in inherited wealth is driving the luxury-home market, demanding larger spaces and fancier … 49 said they would look for at least 20,000 square feet when they made their next home purchase; it was just 6 percent for respondents 50 or older.
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Is Buying SECURITY DEVICE INTERNATIONAL (OTCMKTS:SDEV), Having Lower Short Interest a …

The stock of SECURITY DEVICE INTERNATIONAL (OTCMKTS:SDEV) registered a decrease of 77.46% in short interest. SDEV's total short interest was 7,100 shares in January as published by FINRA. Its down 77.46% from 31,500 shares, reported previously. With 29,300 shares average volume, it will
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Company plans to offer filters to some North Carolinians

FAYETTTEVILLE, N.C. (AP) — The company that makes a chemical that's been found in private wells near its North Carolina plant wants to install water filter systems at homes served by those wells. The Fayetteville Observer reports state records show Chemours wants to put carbon treatment systems in
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Advantage Investment Management LLC Boosts Holdings in Philip Morris International Inc. (PM)

Advantage Investment Management LLC grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 6.4% during the third quarter, according … Jefferies Group upgraded shares of Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a
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CPPIB, Longfor Properties to Create Mixed-Use China Real Estate Projects

The $328 billion Canada Pension Plan Investment Board (CPPIB) and Longfor Properties Co. Ltd., are set to extend their partnership by including two new mixed-use real estate development projects in Chengdu and Shanghai, China. The 740,000-square-meter Chengdu project—located in the Eastern
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Critical Levels To Breach: Ladder Capital Corp (LADR), Apollo Commercial Real Estate Finance …

There are three primary ways to read the Stochastic Oscillator in search of entry points, but traders should follow the %D line closely because that indicates major trends on the chart. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Critical Levels. Apollo Commercial Real Estate Finance, Inc.
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First National Corporation Announces Fourth Quarter and Full Year Results

30, 2018 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (OTC:FXNC) reported net income of $1.3 million, or $0.27 per diluted …. First Bank also owns First Bank Financial Services, Inc., which invests in entities that provide investment services and title insurance.
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McIntyre Real Estate

McIntyre Real Estate

Call Rhonda 712-215-0448 Call Rhonda 712-215-0448 203 W. Valley Ave., Shenandoah 108 Southview Blvd., Shenandoah …
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Navistar International Corp (NAV) Expected to Post Quarterly Sales of $1.89 Billion

Wells Fargo & Co lifted their price objective on shares of Navistar International from $41.00 to $45.00 and gave the stock a “market perform” rating in a research report on Friday, October 6th. Zacks Investment Research raised shares of Navistar International from a “hold” rating to a “buy” rating and set a
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SA banking shares take a knock

JOHANNESBURG – The recent rally in banking shares came to a halt yesterday morning when South Africa's top five banks opened lower on the JSE, with analysts attributing the move to a self-correction in the market. Capitec Bank declined the most, shedding about 8.48percent yesterday afternoon to
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Online Petition Asks USDA to Allow Food Stamps to Be Used for Pet Food

Being poor is hard enough without being expected to give up your companion. For most people, pets are considered family, not property.” The USDA did not immediately reply to a request for comment from Fortune. Online petitions, though, typically do very little to influence policy changes at large
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Oro Valley woman to appear on 'Wheel of Fortune' Tuesday night

A local Oro Valley woman will be calling out consonants and buying vowels on television this week. Yvette Tucker will be a contestant on Wheel of Fortune Tuesday night on KGUN 9. Tucker's journey to wheel of fortune began when she attended a Wheelmobile event in Tucson in February of last year.
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An owner's spouse cannot be a board member

It would be prudent for associations to have their counsel obtain an owner search through a title company to confirm that a candidate is an owner. They are relatively inexpensive. Many associations incorrectly use county taxpayer information to “confirm” ownership. However, that is not necessarily the
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Golfsmith International (GOLF) Earns “Buy” Rating from SunTrust Banks

Golfsmith International Holdings, Inc. logo SunTrust Banks reaffirmed their buy rating on shares of Golfsmith International (NASDAQ:GOLF) in a research note released on Friday morning. They currently have a $24.00 target price on the specialty retailer's stock. SunTrust Banks also issued estimates for
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AMG Funds 2018 “Wealth Management Trends in America” Survey Finds Investor Confidence on …

Affluent investors are increasingly confident overall, with the majority of respondents from all demographics predicting that continued economic improvement would drive strong domestic equity and real estate markets over the next 12 months, despite higher expected interest rates and inflation.
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Donald Trump is the Best Reason to Buy Gold

It is widely known that the Russian Central Bank is on a gold-buying spree. The latest figures show that Russia added 300,000 ounces (9.3 tons) of gold to its reserves in December, bringing the total holdings to a record-breaking 59 million ounces. According to RT's calculations, since 2015 the Russian
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Bangladesh Bank lowers loan-to-deposit ratio to curb lending

The move comes after Bangladesh Bank released its Monetary Policy Statement for the second half of the fiscal year on Monday, when it unveiled a series of measures to curb 'overexuberance in lending'. It, however, left key interest rates unchanged for the time being to meet the economic growth target.
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How Tax Reform Makes Goldman Sachs a Winner—and a Loser

To grasp how the counter-currents of the new regime actually reshape a company's finances, Fortune took a deep dive into Goldman Sachs, one of the first companies to issue a big write-down resulting from the new legislation. Two experts on corporate taxation provided invaluable assistance in the
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BRIEF-GFA acquires real estate property WISE OWL HOSTELS SHIBUYA

BRIEF-GFA acquires real estate property WISE OWL HOSTELS SHIBUYA. Reuters Staff. 1 Min Read. Jan 30 (Reuters) – GFA Co Ltd. * Says it acquires real estate property WISE OWL HOSTELS SHIBUYA and takes loan of 500 million yen to fund the acquisition on Jan. 30. Source text in Japanese:
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Owning a $1 million home is no longer considered a luxury in America

Now, more than 4% of all homes across the 100 largest US metros are worth at least $1 million. That may not sound like much, but it's nearly quadruple the share of million-dollar homes in the housing market 15 years ago, according to a report by Trulia. In San Francisco, one of the most unaffordable
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CIT posts 4Q loss, but lending and leasing expand

CIT Group reported a loss in the fourth-quarter, primarily due to a charge tied to its equipment finance business, but the New York company's core lending business continued to expand under CEO Ellen Alemany. The net loss at the $49 billion-asset company was $93 million, or 74 cents per share.
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Why Apple Might Have Delayed Big iPhone Software Updates to 2019

Apple had some big plans for this year's iOS 12 update, but has decided to shelve some of them to 2019 to focus on its mobile operating system's performance, according to a new report. The company's software chief Craig Federighi told his team this month that he wants them to focus on improving
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Digi International (DGII) Downgraded to “Sell” at Zacks Investment Research

BidaskClub raised shares of Digi International from a strong sell rating to a sell rating in a report on Saturday, January 13th. Sidoti raised shares of Digi International from a neutral rating to a buy rating in a report on Monday, December 11th. TheStreet raised shares of Digi International from a c+ rating to
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Guaranteed Rate Named a Best Overall Online Mortgage Lender and a Best FHA Mortgage …

Chicago, Jan. 30, 2018 (GLOBE NEWSWIRE) — Guaranteed Rate, one of the largest retail mortgage lenders in the nation, was named a Best Overall Online Lender and a Best FHA Mortgage Lender for Refinance by the popular personal finance news site NerdWallet. NerdWallet's Best-of Awards
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Seattle extends streak as nation's hottest housing market to 15 months

And costs are up 20 percent since the old bubble peak in 2007. Seattle's 15-month stretch as the nation's hottest housing market is the longest since San Francisco led the country for 19 months during the dot-com bubble from 1999 to 2001. During the housing bubble before the recession last decade,
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SEC Files Fraud Suit Against Crypto Bank ICO

The U.S. Securities and Exchange Commission (SEC) is suing cryptocurrency banking company AriseBank, according to public documents. The Texas-based firm AriseBank, together with its co-founders Jared Rice Sr. and Stanley Ford, is being charged by the U.S. financial watchdog for alleged fraud
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Comprehensive Housing Market Analysis for Orange-Rockland-Westchester, New York

Housing Market Area. The Orange-Rockland-Westchester Hous- ing Market Area (hereafter, Westchester. HMA) consists of Orange, Rockland, and Westchester Counties in New York. The HMA, which is immediately north of New York City, is part of the New. York-Newark-Jersey City, NY-NJ-PA.
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