A New Lawsuit Claims Morgan Stanley Still Discriminates Based on Race

A New Lawsuit Claims Morgan Stanley Still Discriminates Based on Race

Racial discrimination in hiring and employment practices continued at investment bank Morgan Stanley (ms, +1.59%) despite a class-action settlement more than a decade ago, according to a new lawsuit filed Thursday by a former employee. In a federal court complaint, John Lockette,
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HarborOne Bank Acquires Cumberland County Mortgage

Cumberland County Mortgage did $131.59 million in loan volume in 2016. “This is a natural evolution for the robust mortgage business we have been building in northern New England,” said HarborOne Bank President Joseph Casey. Cumberland County Mortgage has already been a source of
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Direct Lending Startup Scouts Lenders to Join Online Platform

Outside Financial, a direct lending online startup that allows consumers to educate themselves on the loan process and arrange financing, is in “advanced conversations” with lenders to join its platform, Chief Executive Jon Friedland, told Auto Finance News. The company has spent the past year
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Dubai Islamic Bank launches $1bn sukuk

Dubai Islamic Bank has launched a five-year $1 billion sukuk due to mature in February 2023, the bank announced on Wednesday. The issuance, which emanates from the bank's $5 billion sukuk programme, carried a profit rate of 3.65% and marks the first dollar-benchmarked sukuk transaction from
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NBU switches to common contract for cash banking from March 1

The National Bank of Ukraine (NBU) from March 1, 2018 will provide cash banking services to new clients under the common contract for banking servicing and other services, the central bank has reported on its website. The decision was approved by NBU Board resolution No. 6 dated January 25,
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A Tequila Shortage Could Be on the Horizon

A worsening agave shortage is causing price spikes in the tequila industry and could lead to shortages even among major manufacturers. Agave is the key ingredient in making the alcoholic beverage. Reuters reports the price of the plants has risen sixfold in the past two years. And since Agave takes
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Interested In The Real Estate Industry? Take A Look At DCT Industrial Trust Inc (NYSE:DCT)

DCT Industrial Trust Inc (NYSE:DCT), a $5.60B mid-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investment trust, or a REIT, is a collective vehicle for
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This Real Estate Agent Is Offering $250 Worth of Tacos With Purchase of a Home

In the competitive world of real estate, one woman is attempting to stand out with a little help from tacos. Houston agent Nicole Lopez, of Intero Real Estate Services, is hoping to entice potential homebuyers with $250 worth of tacos. Lopez went viral after a Facebook account Shut the Front Door shared
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Women Once Ruled the Computer World. When Did Silicon Valley Become Brotopia?

I've spent the last eight years covering Silicon Valley, most recently as the anchor of Bloomberg Technology. During that time, gender …. As the number of overall computer science degrees picked back up during the dot-com boom, far more men than women filled those coveted seats. The percentage of
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The High-Minded Cryptocurrency in $500 Million Heist: QuickTake

What's happening to NEM prices since the hack? Although 6 percent of the global NEM supply was stolen, supporters are largely unfazed. Prices have mostly rebounded since the attack and are up more than 20,000 percent from a year ago, according to coinmarketcap.com. Projects under development
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Starbucks Hopes This New Product Will Jolt Sales

Facing slowing sales, Starbucks (sbux, -1.24%) hopes to jumpstart growth by bringing more customers into its membership program. The company announced on Thursday that it is launching a credit card with J.P. Morgan (jpm, +0.38%) and Visa (v, +0.88%). The Starbucks Reward Visa card will launch
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Long-term US mortgage rise for fourth straight week

WASHINGTON — Long-term U.S. mortgage rates rose for the fourth straight week. The rates on 15-year, fixed-rate mortgages and five-year adjustable-rate mortgages hit the highest level since 2011. Mortgage giant Freddie Mac says the rate on 30-year, fixed-rate mortgages averaged 4.22 percent this
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Rewards Credit Card

Earn points towards fun & useful rewards while using your Village Bank Personal Credit MasterCard®! All you need to do is sign up for our rewards.
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Simon English: Meet the new banks- same as the old ones

Two decades ago a bunch of banking new boys were going to march into the industry and eat the old guard for lunch. Barclays, Lloyds and the rest would whither under the white heat of technology unleashed by the internet bankers, who were going to revolutionise service and end rip-offs. They had
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Current Mortgage Rates for Thursday, February 1, 2018

Mortgage rates are moving higher again. It's not much of a surprise, though, as this has been the expectation for 2018 for quite some time. It does mean, however, that if you're looking to buy a home or refinance your current mortgage, you should try to take action as soon as possible in order to try and
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Mortgage rates advance for fourth straight week

Mortgage rates advanced for the fourth straight week, as the market begins to price in a more aggressive Federal Reserve and burgeoning inflation pressures. Freddie Mac said the 30-year fixed-rate mortgage averaged 4.22% in the week ending Feb. 1, up from 4.15%. A year ago, the benchmark
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Moven To Buy US Bank, Create Joint Venture In Japan With SBI

But mortgage lending has remained a comparatively small business for SoFi, with about $3.7 billion in loan volume — as opposed to the $5.7 million it has out in personal loans and the nearly $8 million it has lent out for student financing. SoFi reports that going forward, it aims at further automation for its
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Mortgage rates rise for fourth week in a row

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to its highest level since last March, rising to 4.22 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.15 percent a week ago and 4.19
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Brenda Fitzgerald, Larry Nassar, Walmart: Broadsheet for Feb. 1

Good morning, Broadsheet readers! The head of the CDC out after investing in cigarettes, a former BBC editor is speaking truth to the powers behind the pay gap, and a woman is suing Walmart for locking up African American hair care products. Have an ambitious Thursday.
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Rates Continue to Rise

MCLEAN, VA–(Marketwired – Feb 1, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates continuing their upward trend in 2018. News Facts. 30-year fixed-rate mortgage (FRM) averaged 4.22 percent with
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Fidel Castro's Son Has Committed Suicide: Cuban State Media

Fidel Castro's Son Has Committed Suicide: Cuban State Media

Because of his maternal lineage, Castro Diaz-Balart is related to U.S. Congressman Mario Diaz-Balart, who represents Cuban exiles in Florida. His father died in November 2016 at age 90. ___. Andrea Rodríguez is on Twitter at https://twitter.com/ARodriguezAP. Before it's here, it's on the Bloomberg
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First home buyers rule the cooling new housing market

First home buyers are the rising force in a cooling residential property market, according to the latest NAB survey of industry professionals. The December quarter survey found that first home buying owner-occupiers and investors accounted for nearly 39 per cent of new housing sales, and 31.5 per cent
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UK Banks Face New Oversight As SME Lending Probe Deepens

Law360, London (February 1, 2018, 5:23 PM GMT) — Parliament's influential Treasury Committee on Thursday announced a broad inquiry into how banks treat small and medium-sized enterprises, a move that could lead to new regulation and changes in dispute settlement procedures to give
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The State Of The Real Estate Market

With the cycle of the latest housing data about complete for the month, let's assess the state of the real estate market. Housing relative shares have been enjoying secular strength for some time now, but over the course of the last few days, some home sales slippage from astounding prior month figures
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Canada: Top Competition And Foreign Investment Review Trends And Issues For 2018

The Toronto Real Estate Board (TREB) has sought leave from the Supreme Court of Canada to appeal the Federal Court of Appeal's latest decision in the Commissioner's litigation against TREB. Meanwhile, the Competition Tribunal's hearing of the Commissioner's case against the Vancouver Airport
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Real Estate Contract Administrator

54 Real Estate Contract Administrator jobs hiring near you. Browse Real Estate Contract Administrator jobs and apply online. Search Real Estate Contract Administrator to find your next Real Estate Contract Administrator job near you.
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Atrium Mortgage Investment Corporation Announces February 2018 Dividend

Toronto, Ontario–(Newsfile Corp. – February 1, 2018) – Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of February 2018 of $0.075 per common share, to be paid March 12, 2018 to shareholders of record February
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Benchmark Mortgage Rate Continues to Rise, Nearing a Four-Year High

… 27 basis points higher than at the beginning of 2018 and 44 basis points above last year's low of 3.78 percent, according to Freddie Mac's Primary Mortgage Market Survey data. At the same time, the probability of the Fed raising the federal funds rate in March has ticked up another 3 percentage points
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Bank lending growth moderate in Dec.

PRELIMINARY data indicate that outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the BSP, expanded at a slower rate of 19.0 percent in December from 19.3 percent (revised) in November. Similarly, the growth of bank lending inclusive of RRPs decelerated to
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Capstead Mortgage's (CMO) CEO Phillip Reinsch on Q4 2017 Results – Earnings Call Transcript

Hello everyone and welcome to the Capstead Mortgage Corporation Fourth Quarter 2017 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is
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Data Sheet—eBay Chooses a New Dance Partner While Dunking PayPal

The future of PayPal was never about eBay, but when the popular payment service's former parent ripped off the band aid on Wednesday, it sure hurt. Good morning, Aaron in for Adam on this Thursday morning of suffering PayPal stockholders. The announcement, under the innocuous sounding
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The Publisher of Newsweek And The International Business Times Has Been Buying Traffic And …

The publisher of Newsweek and the International Business Times has been engaging in fraudulent online traffic practices that helped it secure a major ad buy from a US government agency, according to a new report released today by independent ad fraud researchers. IBTimes.com, the publisher's US
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Report: Robert Wagner Named 'Person of Interest' in Natalie Wood's Death

Robert Wagner and Natalie Wood at the premiere of “The Godfather” on August 9, 1972 in London, England. Tom Wargacki WireImage. By Chris Morris. 9:52 AM EST. Thirty-seven years after actress Natalie Wood mysteriously drowned, Los Angeles Sheriff investigators are calling her widower a “person
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Quicken Loans Becomes Largest Home Lender in America

DETROIT, Feb. 1, 2018 /PRNewswire/ Detroit-based Quicken Loans today announced it has become the nation's largest residential mortgage lender in the 4 th quarter of 2017 surpassing close to 30,000 lenders (commercial banks, savings and loans, credit unions, mortgage bankers, mortgage brokers)
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As automated verification use grows, QuestSoft acquires IMARC

Compliance software provider QuestSoft is buying data verification and audit services firm Investors Mortgage Asset Recovery Co. at a time when lenders are more widely using technology to verify information. Financial terms of the transaction were not disclosed. The acquisition was structured as an
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HBO's Online Channel Surpasses 5 Million US Subscribers

HBO has more than 5 million online subscribers in the U.S., more than doubling those customers in the past year by making its shows available on Amazon and new streaming TV services like DirecTV Now, according to a person familiar with the matter. When it launched in 2015, the network was one of
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First American Completes Acquisition of Bank of America's Lien Release Business Operations and …

SANTA ANA, Calif.–(Business Wire)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Bank of America's lien release business. Bank of
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CME Rebuffs Smaller Bitcoin Fans While Cboe Leads in Crypto-Futures

CME Group Inc. might be the world's biggest exchange, but it lags behind a rival Chicago exchange in the nascent Bitcoin futures business. That's partly a design decision. The CME contract was built to “make sure that we did not attract the small retail participants,” Terry Duffy, chairman and chief
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Should the big banks slash their home loan rates?

Peter White, executive director of the Finance Brokers Association of Australia (FBAA), has urged the big banks to drop their home loan rates. He also welcomed moves from non-banks to drop their interest rates, but added that he's “disappointed” the majors hadn't followed suit. “It is good to see the
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Mortgage rates today, February 1, plus lock recommendations

Mortgage rates today rose after two releases. First, the weekly unemployment claims report came in with 230,000 claims, fewer than the expected 240,000. This is bad for mortgage rates, because it means employment is in a better state than previously thought. However, tomorrow's Monthly Employment
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Key Republican Pushes Higher Gas Tax for Infrastructure

Key Republican Pushes Higher Gas Tax for Infrastructure

The Republican lawmaker central to passing an infrastructure bill said the key may be getting his GOP colleagues to set aside years of opposition and embrace raising the tax on gasoline. Representative Bill Shuster of Pennsylvania, chairman of the House Committee on Transportation and Infrastructure
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Quicken Loans tops Wells Fargo to become No. 1 in retail home loans

Wells was still bigger than Quicken in the fourth quarter if you include mortgages Wells purchased from other lenders shortly after they were originated. Including these so-called correspondent loans, its total production volume was $53 billion for the fourth quarter, Wells said in an email. “Customers
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Open banking's early adopters bet on 'tremendous gains in value'

For most U.S. banks, the idea of acting as a kind of app store — wherein they would approve and license services and products from third parties to offer their own customers — still is a hypothetical at this stage. Many are apprehensive about sharing data with fintechs via application programming
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Guindos's Bid for ECB Job Stirs Doubts Among Some EU Lawmakers

Spanish Economy Minister, Luis de Guindos, gestures during a tv interview Madrid , Spain, on Thrusday, Oct. 5, 2017. Photographer: Angel Navarrete/Bloomberg. Spanish Economy Minister Luis de Guindos, the longtime frontrunner to become the next vice president of the European Central Bank,
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Sheriff issues alert to Northshore real estate professionals

The St. Tammany Parish Sheriff's Office is on the lookout for a man suspected of attempting to lure female real estate agents to vacant homes. At the same time, authorities are urging real estate agents, especially women, to be on the alert. “It's not just, you know, random acts. It's people planning these
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Inside the Classroom: Norwin students learn banking basics

The fifth and sixth-graders at Norwin School District's Hillcrest Intermediate School are getting first-hand experience in the basics of banking by participating in the new Hillcrest Student Branch of the Norwin Federal Teachers Credit Union. Every day, four student volunteers work as bank tellers at a
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What Is 'The Memo' and Why Is Washington Abuzz?

U.S. politics are in turmoil over “the memo,” a document few have read. Supporters of President Donald Trump say its contents raise questions about the integrity of the criminal investigation into Russia meddling in the 2016 election, which has blossomed into a broader inquiry of Trump and his inner
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UBS Predicts UK Rate Hike in May If Brexit Transition Agreed

UBS AG brought forward its forecast for the next U.K. interest-rate increase, though it also sounded a warning bell about such a move. Bank of England policy makers will raise their benchmark by 25 points at their May meeting, strategist John Wraith wrote in a report dated Jan. 31. In forecasts published
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Rein in the title insurance cartel

Among all the expenses homebuyers need to pay to close on a house, the most egregious may be title insurance. Not because it isn't necessary — you can't have people buying houses and then finding out someone else has a legal claim to them — but because of where the money goes and how a tiny
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Bank of America's Core Banking and Trading to Drive Growth

Bank of America (BAC) has emerged over the past couple of years as a strong performer among commercial banks (XLF). It has managed strong growth in core banking inside and outside the United States. It has also had a weaker performance of trading activity due to lower volatility and continued
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How Parking Mandates Tilt the Market Toward “Luxury” Housing

We know that minimum parking requirements — that hidden subsidy for cars and traffic embedded in (almost) every city's zoning code — increase housing prices. In Seattle, for instance, parking mandates inflate rents at least 15 percent. Minneapolis recently reduced its parking requirements, setting the
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UK's Baker Attacked for Saying Treasury Fiddles Brexit Numbers

Brexit Minister Steve Baker was under fire for the second time in three days for casting doubt on the professionalism of officials who forecast that leaving the European Union will damage Britain's economy. Baker, who was a key figure in the Leave campaign, told the House of Commons on Thursday that
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The Hurdles Facing Macron's Brave New European Union

Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. Germany, the U.K. and Hungary offered French President Emmanuel Macron forceful reminders of the considerable hurdles facing his
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Georgia Supreme Court To Hear Open Records Case Against Payday Lending Group That …

WASHINGTON – Today, Campaign for Accountability (CfA), announced that the Supreme Court of Georgia is scheduled to hear oral arguments on Monday in CfA's case against the Consumer Credit Research Foundation (CCRF), a payday lending nonprofit that funded a favorable academic study by a
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Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

The $44.2 billion in market value lost last month is by far a record for the digital currency, whose entire market cap hadn't come close to that amount until 2017, according to price data from Coinmarketcap.com. India's Finance Minister Arun Jaitley told lawmakers in New Delhi on Thursday the country
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Putin's Oligarch Pal Is 'Afraid' About First Gas Delivery to US

Even as new threats of sanctions from the U.S. chill relations, Vladimir Putin teased a longtime ally who was among the first to be hit with the limits for being shy about talking up the latest shipments of Russian natural gas to its Cold War rival. “The first tanker has already arrived in the United States,” Putin
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Real Estate Update: The knowns, the unknowns and the certainties – the year ahead for real estate

In the UK, real estate remained attractive during 2017 and lots of money (equity and debt) continued to chase assets. There are still no apparent indicators of an end to the cycle – such as the credit exuberance we saw before the last financial crisis – but the usual risks persist. So what does the future
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Fidelity Names Day New Agency President

FNF is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New
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UK Lawmaker Takes on Facebook With His Own Social Network App

Matt Hancock, the U.K.'s new Culture Secretary, has decided to take on Big Tech. In Suffolk. “Hello, I'm Matt Hancock! And welcome to my app!”, a SnapChat-style video shot proclaims once you open the new “Matt Hancock” app, launched Thursday, to connect with his constituents in West Suffolk.
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Schulz Signals Play for Germany's Foreign Ministry in Coalition Talks

German Social Democratic leader Martin Schulz signaled he's making a play for the Foreign Ministry in coalition talks, a move that could allow Chancellor Angela Merkel's party to maintain its grip on finance. Schulz, speaking after the latest round of talks in Berlin, singled out the Foreign Ministry as the
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Commentary: How We Can Bring Health Care to the World's Underserved

Commentary: How We Can Bring Health Care to the World's Underserved

A little over a year ago, the two of us met for the first time at the Fortune + TIME Global Forum in Rome. It was there that we, along with other leaders of global businesses and NGOs, committed to Pope Francis that we would contribute toward the ambitious goal of providing modern health care over the
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New proposal to reform Alabama's payday lending industry increases time to repay loan

Payday lending is a major industry in Alabama. Data from the Alabama State Banking Department shows in 12 months (From oct 1, 2015 to September 30, 2016), there were more than two million payday loans. Those loans were made by 239,000 people in Alabama. Payday loan companies collected
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Fancy Tipples Deliver Record Year for American Liquor Industry

Sales were up for the eighth consecutive year. Overall, supplier sales were up 4% in 2017, rising $1 billion from 2016 to a total of $26.2 billion. Sales volume increased 2.6% to 226 million cases in 2017, up from 5.8 million cases in 2016. “The spirits sector had a banner year in 2017, driven by consumer
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Aid Efforts in Besieged Syria Are 'Getting Nowhere,' UN Warns

Members of civil defense carry out a search and rescue operation after an airstrike at a marketplace in the de-escalation zone of Eriha district of Idlib, Syria on January 30, 2018. Photographer: Mohamed Waleed Alrashed/Anadolu Agency via Getty Images. As Syria's seven-year civil war drags on,
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CPB EMEA Banking & Lending O & T Program Manager

The role assumes leadership for multiple programs, projects and/or special assignments concurrently in Banking & Lending area with primary focus on Lending initiatives, involving end-to-end program/project management whilst being a change agent in improving operational efficiency and managing
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Trump administration strips consumer watchdog office of enforcement powers in lending …

The Trump administration has stripped enforcement powers away from Consumer Financial Protection Bureau office that specializes in pursuing cases against financial firms for breaking discrimination laws, according to two people familiar with the matter and emails reviewed by The Washington Post.
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Hawaii's "last princess," 91, fights for control of her fortune

Multimillionaire heiress Abigail Kinoiki Kekaulike Kawananakoa, considered by many to be Hawaii's last princess, has paid the palace's electric bills for the past six years. But the intensely private Native Hawaiian, whose $215 million fortune includes race horses and real estate, is no longer in a position
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Activision Blizzard, Inc. (NASDAQ:ATVI) Shares Bought by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd lifted its holdings in shares of Activision Blizzard, Inc. (NASDAQ:ATVI) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 227,499 shares of the company's stock after purchasing an
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8 Key M&A Trends in 2018

We anticipate this positive trend to continue through 2018 as a clearer Brexit timeline slowly emerges and the UK's lower currency value continues to attract foreign investment in British real estate and corporate assets. In terms of the Brexit timeline, news broke in December 2017 that European Union
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100 Chilton Lane Brewster, MA 02631

This is it! Terrific Ocean Edge first floor garden unit with lovely views of the golf course. This 2 bedroom, 2 bath unit is in move condition. The new kitchen boasts granite counters, SS appliances, and tile floors. New windows throughout, brand new bathrooms and is ready for your Cape Cod escape, year
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Pending home sales rise as economic gains drive demand

A measure of contract signings to buy existing homes rose in December for a third month, giving sales some momentum at the start of 2018, according to data released Wednesday by the National Association of Realtors. The index rose 0.5% month-over-month (matching the estimate) after an upwardly
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Robbed for Bitcoin: How a Dumb Crypto Criminal Botched a Kidnapping

News of the crime came first surfaced in December, but the New York District Attorney's office has since shared new details with Fortune. It all began in a Ruby Tuesday's restaurant in Times Square, where Meza met his victim, a business associate, who had earlier disclosed a 2012 investment in
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Real estate entrepreneurship offered to all residents of Macon County

DECATUR, Ill. (WAND) – Decatur Township is opening the doors of opportunity for aspiring real estate agents. Real Estate Entrepreneurship classes will begin its second series of free classes on Feb. 1. The classes will be held every Thursday night until March 1. Professionals in the business of real
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Oil States International, Inc. (NYSE:OIS) Shares Sold by California State Teachers Retirement System

Riverhead Capital Management LLC boosted its position in Oil States International by 95.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,894 shares of the oil and gas company's stock valued at $133,000 after buying an additional 2,394 shares during the last quarter. Quantbot
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We're hopeful Borderlands 3 is the “highly anticipated new title” from 2K that Take-Two keeps …

In the release, the company mentions a new title from “one of 2K's biggest franchises” will be released during fiscal year 2019. … What this “highly anticipated new title” in one of 2K's franchises happens to be, company CEO Strauss Zelnick has never said, but some think it could be another entry in the
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Federal housing analysis says Champaign rental market oversaturated, but city continues to …

The development of student apartments in Champaign-Urbana has not slowed down over the past five years, despite two separate federal housing analyses describing the rental market as oversaturated. “During December 2016, the estimated student-targeted apartment vacancy rate was 12.9 percent,
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What's the Difference Between a Lender, a Bank, and a Broker?

You're ready to put your renting days behind you, and put down roots in a home you can officially call your own. But before you let your emotions take over, you need to tackle the most important piece of the homeownership puzzle…the mortgage. With a financial commitment this large, you'll want to
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Top Career US Diplomat to Step Down in Blow to State Department

Washington (AP) — The top career U.S. diplomat announced Thursday he will step down, dealing a blow to the State Department as the Trump administration confronts numerous international challenges. The State Department's third-ranking official, Undersecretary of State for Political Affairs Tom
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Simsbury Bank Elects Michael L. Hammer to its Board of Directors

The Simsbury Bank & Trust Company, Inc., (“the Bank”) a subsidiary of SBT Bancorp, Inc. (OTC PINK: SBTB, CUSIP 78391C106) (“SBT Bancorp”), announced today that Michael L. Hammer has been elected to the Board of Directors of the Bank. Mr. Hammer was recommended to the Board of Directors
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Michigan-based mortgage firm growing North Texas operation with move to Farmers Branch

A Michigan-based mortgage company is moving its Dallas aregional office to a new location in Farmers Branch. Home Point Financial Corp has rented almost 65,000 square feet of office space in the Two Colinas Crossing building which is located on Luna Road south of Interstate 635. The home
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Is Buying All-time Stock Like CACI International Inc (CACI) a Winning Strategy?

Is Buying All-time Stock Like CACI International Inc (CACI) a Winning Strategy?

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.46, from 1.39 in 2017Q2. It dropped, as 15 investors sold CACI International Inc shares while 85 reduced holdings. 18 funds opened positions while 75 raised stakes. 21.57 million shares or 0.21% less from 21.61 million shares in 2017Q2
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Mortgage Rates Thursday: Taking a Pause

The average rate on a 30-year fixed-rate mortgage was unchanged, the rate for the 15-year fixed rose one basis point and the 5/1 ARM was unchanged, according to a NerdWallet survey of daily mortgage rates published Thursday by national lenders. The average rate on the 30-year fixed has risen two
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Whitman's Residential Identity: Student Housing Responds to Changing Market

He moved to Walla Walla from Southern California, leaving behind sunny Pomona in lieu of the sprawling hills of eastern Washington. Whitman and Pomona are similar in many ways; small liberal-arts institutions with a strong residential community. One key difference however is housing. At Pomona, 98
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Statue of US Lawmaker Who Survived Holocaust Is Unveiled in Hungary

House Foreign Relations Committee Chairman Tom Lantos presides over a hearing on Feb. 28, 2007, in Washington. Photographer: Chip Somodevilla/Getty Images. Budapest, Hungary (AP) — A statue of Hungarian-born U.S. Rep. Tom Lantos, the only Holocaust survivor ever to serve in the U.S.
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Central African Republic Rebels Allow Return of State Officials

An armed group in the Central African Republic said it will allow some state officials to return to the territory it controls in the northeast, signaling its willingness to join the disarmament process in the war-torn nation. The mainly Muslim group, known by its acronym FPRC, will give access to military
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Senate bill would reverse FHLB membership rule

The Housing Opportunity Mortgage Expansion Act, sponsored by Sens. Tammy Duckworth, D-Ill., Tim Scott, R-S.C., and Ron Johnson, R-Wis., would reverse a January 2016 decision by the Federal Housing Finance Agency that restricted certain captive insurers from borrowing from the FHLBs. A similar
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The Fahey Banking Company selects COCC as new core processing provider

SOUTHINGTON, CT (February 1, 2018) — The Fahey Banking Company, located in Marion, Ohio, has selected COCC as their new provider for core processing services. Founded in 1865, the $235 million community bank has three branches in Ohio, as well as a loan production office, and has
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Aimee Ahrenholtz

Most Americans looking for some sort of financing seek “traditional” tools like mortgages, home equity loans, personal loans, car loans and credit cards. But — if you're 62 or older, you have access to special financing that can better suit your needs now and in the future: It's called a Home Equity
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Oldest county business has new owners

Ozark Abstract & Title, located just off the square in Ozark, has new owners, Gina Teague, left, and Jim Farasy, pictured with former owner Shane Nelson, … Neslon said there have been many owners through the years including Wilbur Wilson, Jerry and Linda Harley, Hogan Land Title Company, and
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int/ – how to look alpha while buying condoms?

Do not get the idea of being meek about buying condoms. Just act like it's any other item and that it's just part of your day to day life. >> Anonymous 02/01/18(Thu)13:13:08 No.85076216. Anonymous 02/01/18(Thu)13:13:08 No.85076216. >>85075996. Go to their website first and ask for the ones you like
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Quicken Loans Now Top Mortgage Lender, It Says

Detroit-based Quicken Loans today said it became the nation's largest residential mortgage lender in the fourth quarter of 2017– surpassing close to 30,000 lenders (commercial banks, savings and loans, credit unions, mortgage bankers, mortgage brokers) across the country. The company, founded in
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The Striking Shift into Multiples versus Singles in Canada's Housing Market

As for Canadian housing starts in general, though, there are numerous forces working against unbridled optimism. Interest rates are moving upwards and the already-existing debt of many households is formidable. New rules have been implemented requiring financial institutions to take a harder line in
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NTC Sends Team of Executives to MBA Servicing Conference

PALM HARBOR, Fla.–(BUSINESS WIRE)–Nationwide Title Clearing (NTC), the leading post-closing services provider for the nation's largest financial institutions, investors and servicers, announced today that the company would be sending 7 executives to the Mortgage Bankers Association's National
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OPINION: State of unsecured lending in SA rosier since 2008 global meltdown

The unsecured lending market in South Africa is significant. According to the Consumer Bureau Market Report, Q1 2017, there are 24.7 million credit-active consumers in South Africa. Of these, 39.3percent have impaired credit records. The number of people with impaired records has decreased since
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What does the housing industry have in store for 2018?

According to the 2018 Calgary Economic and Housing Outlook, released by the Calgary Real Estate Board (CREB) yesterday, the housing market will repeat much of.
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Trump's interim CFPB chief shifts enforcement power in lending bias cases

The Office of Fair Lending and Equal Opportunity is being moved within the director's office and will now be focused on advocacy, coordination and education, the Washington Post reports. The office's enforcement powers will be shifted to the division of Supervision, Enforcement, and Fair Lending,
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Growing pains for SoFi? Online lender lays off mortgage staffers

Last week, Bloomberg reported that SoFi was buying the engineering and product teams of Clara Lending, a mortgage startup founded in 2010. But as those new staffers come in, other staffers are being let go. The Wall Street Journal (and the San Francisco Business Times) reported this week that SoFi
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European Union Makes Bid to Board Blockchain Bandwagon

The European Union is making a bid to board the blockchain bandwagon, with a new initiative that may explore broader uses of the technology beyond its original role in bitcoin markets. A blockchain observatory and forum should “play an active role in helping Europe to seize new opportunities,” the
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Mortgage Collateral Specialist in Amherst, NY at Key Bank- Corporate

New Career Opportunity! Key Bank- Corporate has an opening for a Mortgage Collateral Specialist in Amherst, NY.
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Alumni Group Looks at the Property Business

The Yeshiva University Real Estate Executive Circle, an exclusive networking group created by the Office of Alumni Affairs and co-chaired by Ari Hirt … a panel discussion on Monday, January 29, on “The Property Business,” an in-depth look into commercial and residential real estate, as well as trends
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Leslie Jones Joins NBC's Olympics Coverage

Leslie Jones Joins NBC's Olympics Coverage

Leslie Jones attends Philadelphia 76ers Vs. New York Knicks game at Madison Square Garden on April 12, 2017 in New York City. James Devaney—Getty Images. By Grace Donnelly. 4:18 PM EST. No one loves the Olympics quite like Leslie Jones. The comedian and Saturday Night Live cast member
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Quicken Loans Is Now The Largest Home Lender In The US

1 market share of all mortgage lenders is an exciting accomplishment, but we are even more inspired that we reached this significant milestone, while at the same time delivering the best client experience in the nation for the last eight consecutive years and running,” Dan Gilbert, founder and chairman of
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I&M Bank gets Sh4 billion for SME lending

The European Investment Bank has given a Sh4.1 billion ($40 million) to I&M Bank to lend to Kenyan startups. According to European bank's executive director in charge of business financing outside Europe, Robert Schofield, I&M Bank will advance the loans to startups that can afford to finance 50 per
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CYS Investments, Inc. Announces Conference Call to Discuss Fourth Quarter 2017 Results

CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis primarily in residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. The Company refers to these securities as Agency
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Austin housing market expected to continue growth, despite low supply and increasing interest rates

The Austin real estate market is poised for another strong year despite the threat of rising mortgage interest rates and building costs, according to the Home Builders Association of Greater Austin. Housing and economic experts presented their analysis of the local housing market, including the state of
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The Law and Order Party Has Turned on the Law and Order Agencies

Aboard Air Force One during his flight to Davos on Jan. 24, President Trump erupted in anger. According to four people with knowledge of the matter, Trump got mad after learning that a top Department of Justice official had warned against releasing a memo prepared by Devin Nunes, the Republican
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Expert warns latest Ginnie Mae regs aren't improving FHA and VA pricing as intended

Brent Nyitray, director of capital markets for iServe Residential Lending, said in an email today, loan officers are taking note of “lousy” pricing for Federal Housing Administration and Department of Veterans Affairs loans higher up in the rate stack. “This is an industry-wide phenomenon,” Nyitray said in his
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A record setting year for New Mexico's housing market

Of course, all real estate is local, so while the majority of New Mexico counties reported growth during 2017, we have a number of counties with 2017 numbers lower than those reported in 2016.” According to M. Steven Anaya, RANM CEO, “REALTORS are still dissecting the Tax Cuts and Jobs Act to
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Home Point Expands in Dallas With Opening of New Location

“The move places us in the heart of the Dallas-Fort Worth mortgage ecosystem,” said Chad Patton, Home Point Financial Chief Strategy Officer. “Our new site gives us the space we need to grow our servicing operations by tapping into the robust and experienced mortgage labor pool in the area.”
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Uoolu 2018 Global Real Estate Internet Summit was successfully held on Jan. 29th in Beijing

The summit included three panel discussions to explore the most cutting-edge issues in the global real estate industry, including New Trends of Global Real Estate Investments Led by Real Estate + Finance, AI and Blockchain Innovatively Empowering the Global Real Estate Market and Redefining the
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Nepsis Capital Management Inc. Acquires 4586 Shares of Ctrip.Com International Ltd (CTRP)

Schwab Charles Investment Management Inc. now owns 160,822 shares of the company's stock worth $7,093,000 after buying an additional 77,924 shares during the period. Wasatch … Com International from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 23rd. TheStreet cut
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Eamonn Holmes' fortune revealed after his TV company rockets in value to hit £3million

EAMONN Holmes has an impressive fortune after his company rocketed in value to hit £3million. The This Morning presenter boasted an income of £2million last year compared to £1million in 2016, according to figures obtained by the Daily Mirror. Eamonn Holmes' company boasts a balance of £
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Trump Puts Himself in Lincoln's Company in Speech to Republicans

President Donald Trump extolled his own performance in a speech to Republican lawmakers on Thursday, celebrated the tax plan they together passed into law, mused about a sequel, and suggested he could have won office without the party's leaders. The speech, at the annual congressional
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Profit growth at Hong Kong banks nearly doubles in 2017, says HKMA

Enhancing cybersecurity was the top priority for 221 banks surveyed by consulting firm EY, according to a global report published last week. Earlier in January, the US Office of the Comptroller of the Currency also highlighted cybersecurity risks and anti-money-laundering among its major risks for US
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Disappointing Customer News Accompanies NIC's Quarterly Results

Maryland also extended its contract with the company one year. NIC signed a new six-year contract with Liens NC, LLC, a coalition of title insurance underwriters in North Carolina. Several national parks signed on to NIC's YourPassNow platform, including Yellowstone, the Everglades, and
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Fraud fit for a supervillain: Comic-book banking sank sovereign citizens at fraud trial

That's the message a federal jury in Knoxville drove home Thursday in finding two members of the sovereign citizens movement guilty of plotting to electronically scam an online bank out of a few million dollars through a scheme promoted on YouTube under a comic-book username. The pair acted as
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Guess Plunges After Kate Upton Accuses Co-Founder of Sexual Harassment

Marciano held more than 14 percent of Guess shares as of March 2017, according to data compiled by Bloomberg. That stake would be worth roughly $35 million less after Thursday's decline. The Los Angeles-based company didn't immediately respond to a request for comment. Marciano told TMZ that
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South State Bank Adds Eight to Its Mortgage Team

“We are pleased to build off of the foundation of our Park Sterling Bank presence through the expansion of our South State Mortgage team. These mortgage professionals all have extensive experience in the Richmond area, and their market knowledge and capabilities will enable us to better serve our
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Michelle Obama Says Melania Trump Gave Her a 'Lovely Frame'

President-elect Donald Trump and his wife, Melania Trump, are greeted by President Barack Obama and first lady Michelle Obama at the White House on Jan. 20, 2017, in Washington. Photographer: Mark Wilson/Getty Images. Washington (AP) — Former first lady Michelle Obama says there was “a
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raceAhead: Google Kicks Off Black History Month

Maybe it's the increasingly urgent discussions about diversity and reconciliation that are coming from the private sector. Maybe it's the explosion of black creators making important art in music, film, and words. Or maybe it's simply the survival high of having made it this far into an era that feels newly
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International Paper (IP) Earns Buy Rating from BMO Capital Markets

International Paper (IP) Earns Buy Rating from BMO Capital Markets

International Paper Co logo BMO Capital Markets reiterated their buy rating on shares of International Paper (NYSE:IP) in a report published on Thursday, January 25th. They currently have a $70.00 target price on the basic materials company's stock. Several other analysts also recently weighed in on
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Two Stocks Seeing A Clear Path Ahead: Masco Corporation (MAS), Baxter International Inc. (BAX)

For Masco Corporation (NYSE:MAS) Wednesday was another day of strong-handed buying, with the high volume day punctuated by a rise from previous close. Trading activity expanded to 3.63 million shares from the 90-day average tally of 2.53 million shares per day. The price at the open on
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Women in banking: tips from the top

Diane S Reyes is regularly named among the most influential women in financial services. Here, HSBC's Head of Global Liquidity and Cash Management explains what makes a successful leader – and shares her tips on how to make an impact in the workplace.
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Redfin Mortgage now available in Virginia

But the company notes that Redfin real estate agents are “not compensated” for recommending Redfin Mortgage. Redfin agents will “continue to encourage customers to work with the lender that offers the best combination of service and rates,” the company said. Redfin said that it plans to continue
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Commercial real estate industry honors property plays by Cowboys owner Jerry Jones

So it's maybe overdue that the Dallas-Fort Worth commercial real estate industry has decided to honor Jones for his plays in the property business. The North Texas Commercial Association of Realtors and Real Estate Professionals has tapped Jones for its 2018 Commercial Real Estate Hall of Fame
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Busch heir Hermann and wife buy Estate Section house for $11.3 million

Real estate observers consider El Vedado Road — and its sister “El” streets, El Bravo Way and El Brillo Way — among the most desirable in Palm Beach because of their Estate Section location, their architectural character and their proximity to Midtown. As a result, houses in the neighborhood have
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Beware of caller seeking to lure female real estate agents to vacant properties: Tammany sheriff

The St. Tammany Parish Sheriff's Office is warning real estate agents to be aware of recent reports of a man contacting agents on both sides of Lake Pontchartrain who “appeared'' to be trying to lure female agents to meet him at vacant homes advertised for sale. The Sheriff's Office put the warning on its
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Rethinking the Mortgage Industry: Is There a Better Way to Subsidize?

It's basically a very large subsidy to mortgages originated by banks that then sold to Fannie Mae and Freddie Mac. We show theoretically that that would provide incentives for banks to take on more risk in other areas of that balance sheet. Because we're removing a lot of risk from the mortgage part, the
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Apple Forecast Falls Short After iPhone Sales Miss Estimates

Analysts were looking for $65.9 billion on average, according to data compiled by Bloomberg. For the final quarter of 2017, Apple said it sold 77.3 million iPhones, down 1 percent from a year earlier and below analysts' projections of 80.2 million units. The average selling price was $796 — ahead of
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Alphabet Names John L. Hennessy As Executive Chairman

Alphabet, the parent company of Google, has appointed John L. Hennessy as its executive chairman, the company said Thursday. Hennessy, a long-time computer scientist who was Stanford University's tenth president before stepping down in 2016, takes over Alphabet's (goog, -4.44%) board after
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Rising Rates May Increase Defect Risk, According to First American's Loan Application Defect Index

The Defect Index reflects estimated mortgage loan defect rates over time, by geography and loan type. It is available as an interactive tool that can be tailored to showcase trends by category, including amortization type, lien position, loan purpose, property and transaction types, and can provide state-
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US Says Syria May Be Making New Types of Chemical Weapons

Syrian soldiers walk past a portrait of President Bashar Assad during a government celebration marking the first anniversary of the retaking of the northern Syrian city of Aleppo, near the square of Saadallah al-Jabiri on Dec. 21, 2017. Photographer: George Ourfalian/AFP via Getty Images. Washington
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OREA seeking input on improving transparency of real estate industry

A sold sign is shown in front of west-end Toronto homes Sunday, April 9, 2017. The Ontario Real Estate Association is soliciting feedback on whether it should push the provincial government into finding ways to keep buyers from feeling they don't have a fair chance when bidding on homes.Graeme Roy
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CIA's Pompeo Defends Meeting Sanctioned Russian Spy Chief

CIA Director Mike Pompeo shot back at Senate Democratic Leader Chuck Schumer after the lawmaker accused President Donald Trump of letting Russia's sanctioned spy chief “waltz through the U.S. front door.” Sergei Naryshkin, head of Russia's Foreign Intelligence Service, visited the U.S. last week
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Mortgage Rates in Big Trouble

The most prevalent source material is Freddie Mac's weekly survey which generally tracks lender quotes from Monday and Tuesday of any given week. The survey showed a 0.07% jump week over week. The actual jump is more like 0.12-.13. The average lender is now quoting 4.375% on top tier 30yr
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Agri lending by ZBTL reviewed

ISLAMABAD: Legislative body of the Lower House of Parliament on Thursday expressed serious concerns over the low share of Gilgit-Baltistan and Azad Jammu Kashmir in agriculture lending. The government has allocated only Rs 1 billion out of a total of Rs 125 billion agriculture loan target assigned
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Analysts Anticipate International Game Technology (IGT) Will Post Earnings of $0.39 Per Share

Equities research analysts forecast that International Game Technology (NYSE:IGT) will post earnings of $0.39 per share for the current fiscal … Argus raised shares of International Game Technology from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on
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Specialty Banking for Accountants and CPAs

Specialty Banking for. Accountants and CPAs. Let us take care of your banking needs so you can focus on serving your clients. FEATURED CLIENT Jennifer Brazer, Founder and Chief Executive Officer, Complete Controller
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Mortgage Rates Up One-Quarter Percentage Point Since Start of Year

The average 30-year, fixed mortgage rate is 4.22 percent—hitting more than a one-quarter percentage point increase since the start of the year, according to Freddie Mac's recently released Primary Mortgage Market Survey® (PMMS®). The average 30-year, fixed rate was 4.15 percent last week.
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Dorsey & Whitney Trust CO LLC Sells 1105 Shares of International Business Machines Corp. (IBM)

Dorsey & Whitney Trust CO LLC's holdings in International Business Machines were worth $3,261,000 at the end of the most recent reporting period. … Pivotal Research set a $180.00 price objective on shares of International Business Machines and gave the company a “buy” rating in a research report
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The team behind Good Fortune will open a Caribbean-influenced bar in Logan Square

The team behind Good Fortune will open a Caribbean-influenced bar in Logan Square

Things are about to get tropical in Logan Square. This spring Out to Lunch Hospitality—founded by the folks behind dearly departed West Loop bar Honey's—will debut X, a Caribbean-infused neighborhood bar at 3433 West Fullerton Avenue in Logan Square. The 1,700-square-foot space will serve
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How housing could help Chicago bag Amazon's HQ2

The upside of being one of the nation's slowest-recovering housing markets might just be that it makes Chicago look good to Amazon, the online retail giant that plans to plant a second headquarters somewhere that isn't as overcooked as Seattle. It's not only low prices, although Chicago has those.
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Haiti's President Says Trump Got at Least One Thing Right

President Donald Trump may have a point when he says the U.S. is wasting money sending aid to foreign countries. And that's according to the president of one of Trump's “shithole” nations. Haiti President Jovenel Moise said he was “taken aback” by the “bizarre” derogatory remark Trump allegedly
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ProVise Management Group LLC Has $3.26 Million Position in Philip Morris International Inc. (PM)

Guidant Wealth Advisors grew its holdings in shares of Philip Morris International by 25.5% during the second quarter. Guidant Wealth Advisors now owns 939 shares of the company's stock worth $110,000 after buying an additional 191 shares in the last quarter. Vantage Investment Advisors LLC grew
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After the inauguration, New York, LA and South Florida real estate rewarded Trump with even more …

The coastal elite real estate moguls that helped bankroll Donald Trump's 2016 presidential victory didn't stop cutting the checks after their candidate entered 1600 Pennsylvania Avenue. A review of federal contributions records for the Trump Victory fund, a joint committee of the Trump campaign and the
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REINZ research questions the 'you're doomed' view of tech'

If you believe the website willrobotstakemyjob.com there is an 86% probability of robots taking over real estate agents' jobs (classed as 'robots are watching'), but if you're an appraiser or assessor of real estate … This research forms the first piece of the REINZ's Real Estate Trends and Innovation Series.
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Tillerson's State Department Loses Top Career Diplomat

Rex Tillerson faces another key vacancy at the State Department after Tom Shannon, the State Department's No. 3 official and a career diplomat known especially for his understanding of Latin America, announced his retirement. Shannon, 60, told Secretary of State Tillerson Wednesday that he planned
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Mortgage Rates Rise For Fourth Consecutive Week

Mortgage rates increased for a fourth straight week, with the average rate for a 30-year loan at 4.22%, up from 4.15% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. A year ago at this time, the 30-year FRM averaged 4.19%. For the week ended Feb. 1, the average rate
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Here's What to Know About Nintendo's Mario Kart for Smartphones

Nintendo on Wednesday announced plans for a new Mario Kart game. But unlike its predecessors, this title, which will be known as Mario Kart Tour, will be available on mobile devices sometime between April 2018 and March 2019. The Mario Kart franchise is among Nintendo's most popular.
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How Much Will You Bring to the Closing Table?

Before you get the keys to the home that you're buying, you'll go through the closing process, which includes paying certain fees. How much money are we talking about?
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Investors Buy International Business Machines (IBM) on Weakness

International Business Machines logo Investors purchased shares of International Business Machines Corp. (NYSE:IBM) on weakness during trading hours on Tuesday. $211.48 million flowed into the stock on the tick-up and $163.51 million flowed out of the stock on the tick-down, for a money net flow
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This Is What Happens When Former Apple and Dropcam Engineers Turn Their Attention to the Car

“We started to build a list of what are the biggest risks to people?,” Hodge told Fortune. “When you start to put that list together it's impossible not to recognize that the car is where so much more happens. The statistics are just unrelenting. That's what kicked us sideways.” One in 6 Americans pays for a
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Iredell real estate transactions: Jan. 21-27

Iredell real estate transactions: Jan. 21- …. From J. and J. and C. Efird to IH6 Property North Carolina L.P., Lot 261, 115 LaPorte Lane, Mooresville, $224,000, on Jan. 26. …. From Richards Property Investors, LLC to Zen Homes, LLC, metes and bounds, 1369 Melviney St., Statesville, $26,000, on Jan. 26.
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Caesars real estate owner raises more money than expected in IPO

“There is growing interest in gaming real estate as a real estate asset class worthy of institutional investment,” VICI Chief Executive Officer Ed Pitoniak said in an interview Thursday morning. “It is still a relatively new sector versus so many other well established REIT sectors. We are fortunate to be a point
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Supporters of payday lending reform optimistic new bill will pass

After years and several attempts to change the law surrounding payday lending, supporters of predatory lending reform are optimistic the new bill currently in the Alabama Legislature could pass. In the past, reformers have tried to reduce the maximum interest rate payday lenders can charge consumers
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Mortgage rates rise for fourth straight week

Mortgage rates continue to rise on expectations of future hikes by the Federal Reserve, Freddie Mac reported. Through … “The Federal Reserve did not hike rates this week, but the market views future hikes as a near certainty,” said Len Kiefer, Freddie's deputy chief economist. “The expectation of future
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Mulvaney Takes Direct Control of CFPB Fair Lending Office

News of this shift was first reported by The Intercept, which obtained an interoffice CFPB e-mail announcing the decision. … equitable, and nondiscriminatory access to credit,” including the Equal Credit Opportunity Act and the Home Mortgage Disclosure Act. Mulvaney explained his decision to split
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Real estate daily market update: February 1, 2018

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Thursday, February 1. Zillow Mortgage Rate Ticker. The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.05 percent, up seven basis points from this time last week. The 30-year
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GSE bill would expand competition and Ginnie Mae

Regulated entities resembling smaller-scale versions of Fannie Mae and Freddie Mac would purchase loans and securitize the loans through a shared … the Treasury from selling its preferred shares in the government-sponsored enterprises (GSEs) Fannie and Freddie without approval from Congress,
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Heard on the Street: Wabasha real estate firm to launch Rochester office

A family-owned Wabasha real estate business is working on plans to open a Rochester office. Weichert Realtors – Jewson Properties, owned by Jay Jewson and his mother, Bree Jewson, is gearing up to open a sibling office in south Rochester. The firm currently has seven Realtors on staff. “We are
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Best Buy Cities: Where To Invest In Housing In 2018

Best Buy Cities: Where To Invest In Housing In 2018

To find out where you should be house hunting this year, Forbes tapped Local Market Monitor, which tracks more than 300 housing markets. For each market CEO Ingo Winzer (a Forbes contributor) analyzed housing indicators as well as broader growth trends to come up with 20 markets where you can
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Mortgage Connect expands default division

The company has also retained Jay Anderson and Alan Chang as part of its expansion effort. Anderson serves as senior vice president of loss mitigation title services within the default services division. Chang, vice president of default services, oversees pre-foreclosure title and trustee sale guarantee
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Cottonwood Title Acquires Utah-based Founders Title

SALT LAKE CITY–(BUSINESS WIRE)–Cottonwood Title Insurance Agency, Inc., a Utah-based title insurance company, is pleased to announce the acquisition of Founders Title Company and Founders Title Company of Davis. The acquisition forms one of Utah's largest commercial and residential title
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Economy looks great, but housing inventory too low, economist tells Richmond-area home builders

Economist Elliot Eisenberg stood on a chair to drive home a point while giving a presentation to a crowd of about 500 people at the Home Building … The main problem with the housing market is a lack of inventory, he said, which is creating an imbalance in supply and demand and driving up prices.
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Economists optimistic about five key sectors in commercial real estate

Reis maintains a comprehensive commercial real estate database and provides market analysis and research on the markets for lenders, investors, brokers, developers and appraisers. This week, the company published its usual quarterly First Glance reports that preview the latest national trends in
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Spot trends and buy/sell signals: Brinker International, Inc. (EAT), Hovnanian Enterprises, Inc. (HOV)

At the session level, shares of Brinker International, Inc.(NYSE:EAT) moved -1.33% from the open. The most recent bid on the stock was registered at $36.34. Further, company shares have been seen trading -21.27% off of the 52 week high and 23.19% away from the 52 week low. Narrowing in further
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Quicken Loans overtakes Wells Fargo as largest mortgage lender in Q4

Quicken Loans Inc. said Thursday that it surpassed Wells Fargo & Co. in volume of mortgage originations in the fourth quarter of 2017, prompting Detroit's largest employer to stake its claim as the industry leader ahead of traditional bank behemoths. Quicken Loans reported Thursday that it originated
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Four Considerations Before Obtaining a Business Acquisition Loan

If you prefer the personal touch, try working with a business broker, who will help you through the process in much the same way that a real estate agent guides home-buyers. Entrepreneurs who need outside funding have more sources than ever before when seeking to buy an existing business.
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Area banks' expansions counter wider trends

Patriot Bank, First County Bank and Bankwell are all expanding their branch networks in response to growing business. While customers increasingly bank online, they still want to visit establishments for a range of services. Reflecting that demand, the new branches operate with full staffs and a growing
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Tampa International Airport train and car rental center open Feb. 14, with big office project in the …

The developer the airport picks will build the offices at its own expense, but the airport plans to move about 60 percent of its staff into three floors of the building and is talking about buying the building three to five years after it moves in. The aviation authority needs to move some of its offices out of the
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Rockstar Confirms Red Dead Redemption 2 Release Date Delay

Grand Theft Auto 5, the company's most recent AAA title, didn't release on PC until almost two years later. This later release caused many people to “double dip,” buying the title first on the PS3 or PS4, and again a few years later for PC. Many are cynical regarding the release, but whether it's Rockstar's
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Oahu-Based Real Estate Entrepreneurs Choose To Affiliate New Brokerage With Century 21 Real …

OAHU, Hawaii, Feb. 1, 2018 /PRNewswire/ — Oahu-based Erin and Ron Evans, relentless real estate entrepreneurs who always give 121%, announced today that as first-time owners of a real estate brokerage they have chosen to affiliate with Century 21 Real Estate LLC. Doing business as CENTURY
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Top Producing Real Estate Team Expands

BOSTON, Feb. 1, 2018 /PRNewswire/ — With over 25 years of knowledge and experience, Frank Celeste has been consistently ranked as a top producing agent throughout Boston and all of Massachusetts. His team successfully closed over $100 million in sales volume in 2017. Celeste was named Best
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Citigroup Lowers Philip Morris International (PM) Price Target to $114.00

Philip Morris International (NYSE:PM) had its price target lowered by equities research analysts at Citigroup from $117.00 to $114.00 in a report issued … Goldman Sachs Group upgraded shares of Philip Morris International from a “buy” rating to a “conviction-buy” rating and set a $135.00 price target for
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Girl Scouts

Girl Scouts of Central Indiana and MainSource Bank have partnered to accept credit cards at booth locations for Girl Scout Cookies. When customers visit a Girl Scout Cookie booth, they can pay by credit or debit card. Use the Girl Scout's Cookie Finder app to find a cookie booth within your area.
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How companies are getting creative with industrial real estate portfolio as market tightens

Industrial real estate is often described as the most desired commercial real estate sector now, with institutional capital flocking in droves to acquire warehouse and distribution facilities while developers are building speculative space at a rapid clip to keep up with demand. But there remains a lot to
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Blackstone's Incenter completes acquisition of Agents National Title Insurance Company

But the Boston National deal wasn't Incenter's only move into title and settlement services. Last year, Incenter also announced that it planned to acquire Agents National Title Insurance Company, a provider of residential and commercial title insurance services through a national network of independent
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Brainstorm Health: Right to Try, Alzheimer's Blood Test, Vertex Cystic Fibrosis Trials

… like Teen Cancer America and the Rare Disease United Foundation are strong supporters of Right to Try; on the flip side, the National Organization for Rare Disorders (NORD) “opposes the Right to Try Act very strongly,” the group's director of federal policy, Paul Melmeyer, told Fortune in an interview.
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Budget 2018: Banks left with only small gifts from FM Arun Jaitley

“Bank recapitalisation program has been launched with bonds of Rs 80,000 crore being issued this year. The programme has been integrated with an ambitious reform agenda, under the rubric of an Enhanced Access and Service Excellence (EASE) programme. This recapitalisation will pave the way
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How KeyBank is getting back into the residential mortgage business

KeyBank is investing in its residential mortgage lending team in Albany, New York, with new hires and new technology. After outsourcing the bulk of its mortgage business, KeyBank got back into the business of in-house residential mortgage lending with its acquisition of First Niagara Bank in 2016.
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Mortgage Rates Move Higher as Fed Signals Rate Hikes Are Coming

Mortgage Rates Move Higher as Fed Signals Rate Hikes Are Coming

The increasing mortgage rates are having a negative impact on applications for new home loans and causing some analysts to worry about the spring real estate season. Mortgage applications dipped 2.6% last week as mortgage rates continued their march higher, according to the Mortgage Bankers
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France's BPCE to install Meniga's digital banking solutions

French banking group BPCE has signed a partnership agreement to deploy Meniga's digital banking solutions across its Banques Populaires and Caisses d'Epargne banking units. Under the agreement, BPCE will integrate Meniga's technology to improve its digital channels and introduce new
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ANNOUNCING: Our 2018 Commercial Real Estate Champions

At last count, nearly 185 development projects — including hotels, office buildings, apartment complexes and industrial warehouses — are underway in Louisville and Southern Indiana. It's proof of the region's booming commercial real estate market. You can check out Louisville Business First's Project
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Quicken Loans claims top spot among mortgage lenders in 4th quarter 2017

Detroit-based Quicken Loans claimed bragging rights Thursday as the nation's biggest mortgage lender in the fourth quarter of 2017. Quicken said it closed $25 billion in mortgage loans during the final three months of last year, enough to pass Wells Fargo, Bank of America and JPMorgan Chase for the
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Cronheim Mortgage Secures $22.5M Loan for Retail Center in Shelton, Connecticut

Cronheim Mortgage has arranged $22.5 million in permanent financing for The Center at Split Rock, a neighborhood retail property located in Shelton. The 10-year loan amortizes over a 30-year period and was structured with a fixed rate of 4.12 percent. Situated on 11.7 acres, the 91,197-square-foot
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Anixter International (AXE) Receives Market Perform Rating from Wells Fargo & Co

TheStreet cut Anixter International from a b- rating to a c rating in a research report on Tuesday, November 21st. ValuEngine raised Anixter International from a hold rating to a buy rating in a research report on Friday, December 29th. Finally, Zacks Investment Research raised Anixter International from a
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Mortgage Rates Continue Upward Trend

The results of the Primary Mortgage Market Survey are based on Freddie Mac's survey of lenders on the rates and points for their most popular 30-year fixed-rate, 15-year fixed-rate and 5/1 hybrid amortizing adjustable-rate mortgage products. The survey is based on first-lien prime conventional
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First banking casualty of calamitous 2017 surfaces in pre-emptive trading statement

An innocuous trading statement released by First National Bank on Wednesday revealed to what extent Namibia's biggest commercial bank has been affected by the most severe recession since Independence. Released to both customers and shareholders by FNB sponsoring broker, IJG Securities,
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European Equity Benchmarks Close Lower; Energy, Real Estate, Utilities Weigh Down Market

The broad-based major European markets closed lower in Thursday's trading session, as energy stocks, utilities, and real estate companies weighed down the exchanges. In economic news, The eurozone manufacturing sector made a strong start to 2018, according to data from IHS Markit. IHS said that
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CMBS Delinquency Rate Falls Again

The delinquency rate for commercial real estate loans in commercial mortgage-backed securities fell to 4.83 percent in January, a decrease of six basis points (bps) from the December level and 35 bps below the January 2017 level, according to new data from Trepp LLC. January marked the seventh
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How would one go about shorting the Canadian housing market

The Canada Mortgage and Housing Corporation 1 Jun 2017 One issue in Canada that has worried bankers, investors, homeowners and the government is the sharp spike in real estate prices over the last few years. Top 20 Largest Consolidated Short Position Report – December 31, 2017 2 days ago
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“Fixer Upper” fans pay off mortgage for local couple with disabled sons

WACO, Texas (KWTX) “Fixer Upper” stars Chip and Joanna Gaines stepped up to fulfil a local couple's wish for a wheelchair-accessible home for their two disabled sons, and the couple, Melissa and Jody Copp, learned Thursday that the shows fans have paid off the mortgage. “It is with great joy and
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Not much to bank on

Clear roadmap on banking reforms, tax concessions on bad loan provisioning and digital transactions figured on the top of the sector's wish-list. But all the Budget had to offer was some clarification on the tax front to ensure smoother resolution of stressed assets under IBC. As has been the case every
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Dallas housing market inflation creates difficulties for students

Kendall Lockhart was on the road Aug. 18 in her packed car, heading from Houston back to Dallas to start her junior year. She was looking forward to the nice apartment she would be living in. But then her phone buzzed with an email from SMU announcing that mold had been found in the Daniel House
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reQuire Real Estate Solutions Announces Distribution Partnership with CertifID

“Anyone who has read the stories related to wire fraud in the real estate industry in the past year knows that this has become an epidemic. We wanted to take action to help bring even more certainty to the closing process by getting out in front of the problem, and providing our clients with an established
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Homes for Sale in Toronto

Toronto brokers predict the housing market may enter a slow patch after a new mortgage stress test came into effect at the start of the new year and Canada's interest rates were increased in mid-January. Economists believe the interest rate could be raised twice more this year, potentially causing
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Morgan Stanley Increases Philip Morris International (PM) Price Target to $123.00

Philip Morris International (NYSE:PM) had its price objective lifted by equities researchers at Morgan Stanley from $120.00 to $123.00 in a report issued … Piper Jaffray Companies set a $130.00 target price on Philip Morris International and gave the stock a “buy” rating in a research report on Thursday,
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Newsweek, International Business Times publisher engaged in fraudulent online traffic practices …

Newsweek Media Group, formerly IBT Media, and publisher of Newsweek and the International Business Times, has been buying junk online traffic and engaging in ad fraud, according to a new report from BuzzFeed News, citing an investigation from anti ad fraud firm Social Puncher. The report says
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Tax reform takes a bite out of Radian's 4Q earnings

But because of defaults from borrowers unable to pay their mortgage because of Hurricanes Harvey and Irma, the inventory of delinquent loans increased by 17% over the third quarter to 27,922 from 23,826. New notices from areas affected by the storm increased to 7,051 loans from 2,934 loans.
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Strong Demand Is 'Eating' Tight, Existing Supply on Housing Market

Existing-home sales went up 0.5 percent in December 2017 from November 2017, but the supply of homes for sale at the end of December fell to the lowest level since 1999, according to the National Association of Realtors. New listings are ahead of the busy spring market, however, experts say this will
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