Robo-Adviser Websites Crash, Cutting Off Access to Accounts

Robo-Adviser Websites Crash, Cutting Off Access to Accounts

Robo-advisers haven't had much experience with market routs. When confronted with one on Monday, they struggled. The web sites of two of the country's biggest robo-advisers — Wealthfront Inc. and Betterment LLC — crashed as the S&P 500 Index sank 4.1 percent. Complaints quickly spread across
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Connecticut Home Prices Rise Slightly in 2017

According to a new report from The Warren Group, which tracks real estate trends in New England, median sale price of a single-family home increased 1.6%, to $249,900 in 2017, from $246,000, the previous year. The annual sale price increase was the second in a row and a bit stronger than the one
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8 ways to help the homeless in New York City

As the report states, “Extreme income inequality and unanticipated but rapid growth in the overall population of New York City together continue to push those at the lowest end of the income spectrum out of the housing market entirely.” Add to that the fact that homeless shelters are being constructed
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REIT funds to boost Oman's real estate sector

Al Habib & Co is the largest and only one-stop-shop for the complete range of real estate products and services in Oman. In an exclusive interview with Muscat Daily, M Sudhakar Reddy, chief executive officer of the company, talked about trends in Oman's real estate market in 2018 and how the launch
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Epic Games veterans launch startup, unveil dark fantasy title 'Golem Gates' (+ video)

It's the first launch for Oelfke and McLaughlin's new Apex-based company, Laser Guided Games, and it's an original concept. The dark fantasy game delivers intense single-player content that requires combat and strategy, and blends multiple genres to create a unique experience, a spokesperson for
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Monarch Partners Asset Management LLC Acquires New Stake in Oaktree Specialty Lending Corp …

Oaktree Specialty Lending logo Monarch Partners Asset Management LLC acquired a new position in Oaktree Specialty Lending Corp (NASDAQ:OCSL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired
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Big Doubt Looms Over Real Estate

So we are a year into the presidency of one of the country's biggest real estate developers. However, the reality is that a lot of uncertainty looms over the housing market. Between rising rates and the new less-interest-friendly tax package, the market is facing some headwinds. But analysts say that the
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Fortune Brands Home & Security Inc (FBHS) Stake Increased by Schwab Charles Investment …

Fortune Brands Home & Security logo Schwab Charles Investment Management Inc. lifted its position in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
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Tandem partners Personetics for 'worry free banking'

“Together with our use of Open Banking, Personetics enables us to leverage innovative intelligence to know our customers better, predict their needs, and help them make better decisions about their money with as little effort as possible on their part. We want to do the heavy lifting for them, so they can
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New foreclosures fell to record low numbers in 2017

“When Black Knight isolated non-hurricane-impacted areas — which represent 90% of the entire active U.S. mortgage universe — we see the national delinquency rate actually fell to 11% below long-term norms,” said Graboske. “Likewise, the 90-day delinquency rate was also up 6% from last year, with
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Current Mortgage Rates are Slightly Higher to Start the Week

If this trend holds over the next few days, that will mean another big spike for rates in the Freddie Mac Primary Mortgage Market Survey (PMMS). We've already seen the average rate on a 30-year fixed rate mortgage jump up twenty-seven basis points (one basis point = 0.01) since the first week of the
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Otto Warmbier's Father to Join Pence at Olympics in South Korea

The father of Otto Warmbier — the American student who died last year after being jailed in North Korea — will join Vice President Mike Pence as his special guest at the Winter Olympics Opening Ceremonies in South Korea this week, a Trump administration official said. Otto Warmbier in Pyongyang on
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The County's Climate Plan Promises a New Land Use Battle

Both Newland and another development, Sweetwater Vistas, have given themselves the option of buying international credits. Rita Brandin, Newland's senior vice president, said the company will favor local credits but doesn't see a problem with buying international credits. “It's about global warming not
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Anthony Alicea to Boost Portfolio Lending at Greystone

NEW YORK, Feb. 05, 2018 (GLOBE NEWSWIRE) — Greystone, a real estate lending, investment and advisory company, today announced Anthony Alicea has joined the company as Head of Production for the Portfolio Lending Group, reporting to Mark R. Jarrell, who leads the Group. In this role, Mr.
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The Outlandish, Scary Schemes Being Studied to Cool the Planet

Plan B is coming out of the shadows in the global-warming debate. The question on the table: With hope dimming that humankind can effectively curb carbon emissions, is it time to strong-arm nature to turn the thermostat down? To scientists who study geoengineering, this is within the realm of
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First National Bank Expands Services for Commercial Clients in Washington, DC

WASHINGTON, Feb. 5, 2018 /PRNewswire/ — First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced today the expansion of its commercial and business banking services in Washington, D.C. The Company's growing D.C. efforts include the addition of significant
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Web Seminar The importance of third party risk management in consumer finance

It has become the norm to leverage third party service providers as part of the loan manufacturing process. For many lenders, it can take a village – or at least 15 vendors – to close a loan. The risks of not performing effective due diligence and oversight are too high to ignore. The reputation of your brand
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Mortgage Bankers Association lobbyist heads to Eris Group

MORTGAGE BANKERS ASSOCIATION LOBBYIST JOINS ERIS GROUP: Bradford Cheney, who was previously an associate vice president at the Mortgage Bankers Association, is joining the Eris Group as a lobbyist. He'll focus on outreach to Democrats on financial services issues and will continue to
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How the payday lending industry shapes academic research

The hotly contested question of how to regulate payday lending is partly about ideology. How far should the government go to save repeat borrowers from their own worst habits? Your answer will depend on your political beliefs. But this debate, like a lot of fights involving financial regulation, is also
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Mortgage rates today, February 5, plus lock recommendations

Mortgage rates today dropped off in many cases. That's not unexpected after the over-protective stance that many lenders took on Friday following the release of the Employment Situation report and some consumer price and earnings data. These reports met or exceeded expectations only slightly, but
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Should You Invest In The Real Estate Stock Ante Real Estate Trust (ASX:RCU)?

Should You Invest In The Real Estate Stock Ante Real Estate Trust (ASX:RCU)?

Ante Real Estate Trust (ASX:RCU), a A$69.49K small-cap, is a real estate company operating in an industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. Real estate investment trust, or a REIT,
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TREB takes housing data dispute to Supreme Court, says federal ruling violates rights of real …

The Toronto Real Estate Board is taking a longstanding dispute over access to housing market data to the Supreme Court of Canada, seeking to appeal a lower court decision that allowed realtors to publish the sales histories of listed properties on their websites, according to court documents seen by
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Victory Capital Management Inc. Increases Stake in Anixter International Inc. (AXE)

Victory Capital Management Inc. grew its holdings in Anixter International Inc. (NYSE:AXE) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 982,053 shares of the technology company's stock after buying an additional
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As Market Turbulence Returns, Emerging Stocks May Become Haven

Emerging-market stocks may be one of the safest places to ride out the coming storm. As 2018 brings back wilder swings to markets, developing-nation equities are beating other asset classes from U.S. stocks to gold, bonds and commodities when returns are adjusted for volatility. This despite a
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More than $2.5 billion in commercial real estate transactions in Northeast Florida in 2017

Investment in Jacksonville commercial real estate came in 29 percent higher in 2017 than in 2016 with $2.57 billion in transactions, according to Colliers International. The year end investment report broke down the major sectors of commercial real estate by office, industrial, hotels, retail and multifamily.
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Two generations of Frisbie family shaping real estate in Palm Beach

And except for Kim, everyone in the room works for the Frisbie Group, the family's real estate investment firm. The only principal not present is Boston-based venture capitalist Rick Frisbie, Robert and David's brother. He, his brothers and Suzanne are senior directors of the company and for some 20
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Fannie Mae to award $100 million in low-income housing tax credit

Back in November, both Fannie Mae and Freddie Mac announced they are now re-entering the Low Income Housing Tax Credit market, the federal program which encourages investment of equity into affordable rental housing. Now, Fannie Mae announced its $100 million low-income housing tax credit
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McDermott International Inc (MDR) Short Interest Up 18.0% in January

Meeder Asset Management Inc. increased its position in shares of McDermott International by 73.5% in the 4th quarter. Meeder Asset Management Inc. now owns 28,004 shares of the oil and gas company's stock valued at $185,000 after buying an additional 11,860 shares in the last quarter. CIBC Asset
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Real estate daily market update: February 5, 2018

We'll add more market news briefs throughout the day. Check back to read the latest. Most recent market news. Monday, February 5. Black Knight's Mortgage Monitor. Though mortgage delinquencies ended 2017 at a 23-month high (up 164K from 2016 year-end), in non-hurricane-impacted areas
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After Bitcoin Craze, Swedish Investors Succumb to Reefer Madness

A Swedish January is dark, cold and snowy, but in Stockholm cannabis stocks were lighting up the screens of investors. “Out of nowhere, the interest for Canadian cannabis shares has completely exploded in Sweden,” said Joakim Bornold, a savings adviser at online broker bank Nordnet AB.
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Memo Sparring Reveals US Midterm Battle Lines

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. In Washington, political punches and counterpunches sometimes come in the form of memos. Democrats are eyeing the potential release
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Company enters mortgage market offering loans to people with poor credit history

David Hall Director of the Irish Mortgage Brokers Association says all buyers need to do their homework. He said: “It's all about competition, it's all about looking at different options, looking at different mortgage rates, looking at what you're on and finding out if there is a better option to fix, a better option
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Trump's NHS Tweet Angers Brits Fearful of US-Style Health Care

U.S. President Donald Trump tweeted Monday that weekend protests in London about the Britain's National Health Service show the U.S. system is better. Britons begged to differ. Their publicly funded health system, where treatments are free at the point of delivery, is a much-loved institution that's
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Albion Financial Group Has Raised Its Morgan Stanley (MS) Holding; Fidelity National Financial …

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. The company has market cap of $10.46 billion. The Company's Title segment offers title insurance, escrow, and
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Sheriff's Office investigates suspected predator targeting real estate agents

NEW ORLEANS — Across Southeast Louisiana, female real estate agents are on edge and Sarah Martzolf says, she's not taking any chances. The New Orleans-area realtor carries protection: a bright pink taser. Martzolf explains, “I kinda take it out, have it in my hand just in case. It looks like a pink
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JPMorgan calms healthcare banking clients

Last week's announcement of a healthcare initiative between JPMorgan (NYSE:JPM), Berkshire Hathaway, and Amazon took a nice chunk of market value out of a number of the sector's bigger players. Subsequently, JPMorgan's healthcare banking rainmakers (who were not privvy to the plan ahead of
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Blog: PHH wins partial victory in CFPB battle

A federal appeals court last week came down with a split decision in the mortgage company PHH Corp.'s case against the Consumer Financial Protection Bureau (CFPB). The United States Court of Appeals for the District of Columbia (the D.C. Circuit) ruled that the leadership structure of the CFPB
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Information & Technology Department at Sentry Management Consolidated, Collin Bruner to Head

Partners are banks, print-on-demand suppliers, payment processors, accountants, title companies, attorneys, association vendors and office … Sentry Management has made both organizational and leadership changes to get the company to the next advancement in technology, supporting the
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Will Companies Compete Away the Tax Cut's Bounty?

Amid the euphoria over tax reform from CEOs and Wall Street, virtually no one is asking a sobering question: Will competition between businesses erode or erase the early benefits from the steep reduction in the corporate tax rate? After all, taxes are another expense, just as labor and interest are
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Lloyds Banking Group has banned Bitcoin buys on credit cards

Lloyds bank has stopped credit card customers from buying bitcoin, amid concerns of a credit risk surrounding the cryptocurrency's rapidly falling value. Coming into effect today, the ban applies to Lloyds Bank, Bank of Scotland, Halifax and MBNA. The currency has grown exponentially in the last year,
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Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock Shares Cross 8.5 …

Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock Shares Cross 8.5 …

In trading on Monday, shares of Anworth Mortgage Asset Corp.'s 8.625% Series A Cumulative Preferred Stock (Symbol: ANH.PRA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $2.1563), with shares changing hands as low as $25.35 on the day. This compares to an
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Could FEDERAL NATIONAL MORTGAGE ASSOCI (OTCMKTS:FNMA) Go Down After Its Newest …

Could FEDERAL NATIONAL MORTGAGE ASSOCI (OTCMKTS:FNMA) Go Down After Its Newest Short Interest Report? … More news for Federal National Mortgage Association (OTCMKTS:FNMA) were recently published by: Theadvocate.com, which released: “West Jefferson property transfers, Jan.
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US Allies Aren't Buying Its New Strategies to Confront China

But at the same time this claim emanates from an administration that in one year has itself unwound and “revised” fundamental elements of the liberal international order: questioning the value of NATO and other American alliances; exiting the Trans-Pacific Partnership (TPP) and reconsidering U.S.
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Billionaire Bay Area real estate mogul and philanthropist Sanford Diller dies at 90

Diller started Prometheus in San Mateo in 1965 and grew it into a major real estate development and investment firm in the Bay Area and throughout the West Coast. Today, the company is a juggernaut with more than 500 employees and 15,000 apartments in the Bay Area, Seattle and Portland areas.
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The largest commercial real estate leases in the Triangle (Slideshow)

The full list of Largest Commercial Real Estate Leases is available to subscribers only. Sign up today! In addition to the weekly edition that includes expanded list content, our subscribers can view the entire list online. If you would like to be added to my database for any list surveys, please send me an
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Could FEDERAL NATIONAL MORTGAGE ASSOCI (OTCMKTS:FNMA) Skyrocket? The Stock Had …

It increased, as 5 investors sold Federal National Mortgage Association shares while 1 reduced holdings. … More news for Federal National Mortgage Association (OTCMKTS:FNMA) were recently published by: Benzinga.com, which released: “Senate To Release Housing Finance Reform Outline:
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The Pentagon Plans to Spend $10.7 Billion More on F-35 Fighters Next Year Despite Persistent …

The Pentagon intends to ask Congress to approve $10.7 billion to buy 77 Lockheed Martin Corp. F-35 jets in the fiscal year set to begin Oct. 1, according to U.S. officials. The proposal for the Defense Department's costliest program will be included Feb. 12 as part of a fiscal 2019 base defense budget
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Borrowers turn to alternative lenders amid new mortgage rules

In order to get a loan from a federally regulated lender, homebuyers have to prove that they can service their uninsured mortgage at a qualifying rate of the greater of the contractual mortgage rate plus two percentage point or the five-year benchmark rate published by the Bank of Canada. An existing
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Core Banking Provider Ohpen Raises €25 Million Series C Financing for International Expansion …

The world's only cloud-based SaaS core banking provider Ohpen has successfully closed a €25 million Series C investment round, with private equity firm Amerborgh. Ohpen will use these funds to further fuel growth and expand into a third country, where it will enable financial services companies to
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City Sees Housing Market Improvements

POUGHKEEPSIE – Following similar trends state-wide, the City of Poughkeepsie housing market has seen appreciable improvements in the key metrics of 'number of sales' and 'time-on-market', according to a news release from City of Poughkeepsie Mayor Rob Rolison. According to data compiled by
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Real estate, natural gas may soon be brought under GST, says Arun Jaitley

New Delhi: Finance minister Arun Jaitley on Monday hinted at the possibility that the government may soon bring cooking gas and real estate under the ambit of the goods and services tax (GST), to be followed by a similar move with regard to petrol, diesel and potable alcohol. “So far the mood of most
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Fidelity National Title Group promotes Edson Burton to EVP and division manager

Fidelity National Title Group (FNTG) has promoted Edson Burton to executive vice president and division manager. In his new position, Burton will oversee the company's national commercial real estate operations throughout the eastern U.S. and residential operations in parts of the Midwest, East and
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Buffett's BNSF Joins Group Aiming to Use Blockchain in Freight

BNSF Railway, which is owned by Buffett's Berkshire Hathaway Inc., said Monday that it has joined the Blockchain in Transport Alliance, a group of more than 200 freight and logistics companies that are exploring how to use the digital-ledger technology in their industry. The effort is still in its early stages
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Lloyds Banking Group to cut around 1000 jobs

Lloyds Banking Group is eliminating around 1,000 jobs across six businesses as chief executive Antonio Horta-Osorio prepares a fresh strategic plan for Britain's largest mortgage lender. The lender informed some staff last month and the majority of the cutbacks will take place across commercial
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Why Blackstone Billionaire Tony James Expects Stocks to Drop 20% This Year

Tony James, president and chief operating officer of Blackstone Group LP, listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 1, 2017. The conference is a unique setting that convenes individuals with the capital, power and influence to move the world
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Honeywell International (NYSE:HON) Earns Buy Rating from Robert W. Baird

Honeywell International Inc. logo Robert W. Baird reiterated their buy rating on shares of Honeywell International (NYSE:HON) in a research report released on Friday, January 26th. They currently have a $187.00 price objective on the conglomerate's stock. A number of other brokerages have also
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VA, escrow and repairs: A rule that may speed your home-buying process

This isn't the same escrow that buyers will pay in as part of their lending agreement, nor is it the same one containing earnest money or other funds … Instead, as explained in VA's Lenders Handbook, an escrow agent will withhold 1.5 times the cost of the repairs (as estimated by a third party) from the
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At $61.17, Is It Time To Buy Papa John's International Inc (NASDAQ:PZZA)?

This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low price. A question to answer is whether Papa John's International's current trading price of $61.17 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us
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Mortgage Rates Monday: Some Up, Some Down

The average rate on a 30-year fixed-rate mortgage went up two basis points, the rate for the 15-year fixed fell four basis points and the 5/1 ARM declined four basis points, according to a NerdWallet survey of daily mortgage rates published Monday by national lenders. The average rate on the 30-year
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What's the best time to sell a house in DFW? Probably last year, one housing analyst says

Home profits on the sale of homes in Dallas-Fort Worth have been climbing for years, but there are signs those profits might be plateauing in the future, says one housing analyst. By the end of the year, the average profit from the previous purchase price of a home in North Texas was $69,496 with an
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Arby's CEO: We're Not Done Buying Brands After BWW

Arby's CEO: We're Not Done Buying Brands After BWW

Darden, Brinker International, and Bloomin' Brands, for example, operate casual dining chains across different full-service fields. YUM! Brands, the owner of Taco Bell, KFC, and Pizza Hut, sticks to fast food, as does Restaurant Brands International with Burger King, Tim Hortons, and Popeyes.
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Need for an integrated employment system

These available jobs will be classified in accordance with their fields and the employment process should be monitored by a specialized agency, which can put uniform conditions and requirements for each job title. Companies must be asked to announce their job vacancies through this platform while
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Russia and US Clash at UN Over Syria Chemical Weapons Inquiry

Syrian emergency services search for families reportedly stuck under the rubble following air strikes in Idlib on Feb. 4, 2018. Photographer: Omar Haj Kadour/AFP via Getty Images. The U.S. and Russia clashed Monday at the United Nations Security Council over allegations that the Syrian government of
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Mortgage Connect Announces Expansion and New Hires

Mortgage Connect LP, a national mortgage service provider for the nation's largest financial institutions, investors and servicers, is expanding its default division through geographic expansion of key operational centers, product diversification and hiring of industry default talent. Specifically, the company
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Crypto Countries Now Offering Gamers the Chance to “Buy a Piece of the World”

Crypto Countries places a heavy emphasis in their game on international buying, trading, and selling. Players can compare their stats and scores on an international level with other players from all over the world. This is done by linking conquests and countries owned to a player's digital wallet.
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Stock Rout Shatters Years of Calm in Markets

The Cboe Volatility Index reached its highest level since August 2015 on Monday, blowing past 35 as U.S. stocks continued the previous week's meltdown. At its peak, the VIX more than doubled from Friday's close to reach 35.73, a staggering figure given the struggles with historically low volatility in
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Internet Ridicules Women-Friendly Chips That Don't Crunch

“When you eat out of a flex bag — one of our single-serve bags — especially as you watch a lot of the young guys eat the chips, they love their Doritos, and they lick their fingers with great glee, and when they reach the bottom of the bag they pour the little broken pieces into their mouth, because they
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Broadcom's New Offer Puts Qualcomm in the Hot Seat

It's in the ballpark of what some Qualcomm holders surveyed by Bloomberg News in November said they would accept. And, as Broadcom helpfully pointed out on Monday, Qualcomm has had a closing share price above $82 only three days in its more than a quarter century as a public company.
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This 6.4% Yielder Is On Sale

Such a weak performance is mainly attributed to investor concerns regarding a potential bubble in the Swedish housing market. … In our view, even a prolonged correction in the Sweden's housing market should not be an issue for Swedbank's asset quality, especially given its solid balance sheet and
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Realtors urge Congress to support Mortgage Choice Act

The bill would adjust the Truth in Lending Act's, or TILA, definitions of points and fees under the Ability to Repay/Qualified Mortgage rule. NAR claims the bill will enhance competition in the mortgage and title insurance markets, and ensure that consumers will be able to choose the lenders and title
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Canada's Banks Allow Credit-Card Crypto Purchases — For Now

Canada's biggest banks still allow customers to buy Bitcoin and other cryptocurrencies with debit and credit cards, even as some U.S. lenders move to block such transactions. Toronto-Dominion Bank, Canada's largest lender by assets, permits such purchases using a TD credit or debit card as long as
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Real estate firm founder wants to know why he was fired after buying Janaf shopping center

The man who recently led the $86 million purchase of Janaf Shopping Yard blames his firing on disillusioned shareholders and the company's falling stock price, speculating that shares were being shorted. Jon Wheeler, who founded Wheeler Real Estate Investment Trust and took the Virginia Beach
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Is It Time To Move Up Or Time To Move On?

I began job hunting and interviewing, and when I approached the company that I was leaving, they wanted to play ball by offering me the raise I had asked for a year ago, a new title and a team to oversee. I asked to think about it. I thought about all the things I didn't like about my current company and
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Real estate market unfazed by changes to tax law

Some sellers and buyers, however, are definitely factoring higher real estate taxes into their transaction equations — either as a reason to price their properties more reasonably at the listing stage or to urge sellers to lower their price during negotiations. Chicago real estate broker Alexis Eldorrado says
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Naspers Asking Investec to Withdraw 'Damaging' Analyst Report

22 seen by Bloomberg News, Investec analysts David Smith and Thapelo Mokonyane said Naspers should be valued at a 30 percent discount to its assets. That's due to a gradual increase in the number of outstanding shares over 11 years, taxation issues and costs associated with financial transactions
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Commerzbank Aktiengesellschaft FI Buys 1647 Shares of Restaurant Brands International Inc (QSR)

Commerzbank Aktiengesellschaft FI increased its stake in shares of Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) by 16.1% in the fourth … Zacks Investment Research upgraded Restaurant Brands International from a “hold” rating to a “buy” rating and set a $75.00 price objective for the
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Here's the Logic Behind a Private Equity Billionaire's Dramatic Stock Prediction

Tony James, a renowned private equity investor, presented a highly contrarian, sharply negative view on the stock market on CNBC on Monday. His call has already set the Internet abuzz, but it's worth a closer look. It's the kind of analysis you seldom hear on TV business shows, where the coverage is
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Amy Shore '86 profiled in Fortune magazine

Bowling Green State University alumna Amy Shore '86, president of property and casualty sales and distribution at Nationwide, was recently profiled in Fortune magazine. The magazine recognized Nationwide in its 100 Best Workplaces for Women at No. 50, and Shore is one of the company's
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Homebuilder stock slump hits day 10, longest in 15 years

An increase from 4% to 5% for a 30-year mortgage, for example, would drive up monthly bills by 12%. Right now, the average 30-year mortgage rate is 4.22%, its highest in about a year, according to data from Freddie Mac, and not far off from a four-year high of 4.33%. The 30-year mortgage rate tends to
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Woman assaulted after lending car to man who fired rounds into random residence

Winnipeg police are warning you to be careful who you let borrow your car after a scary incident early Sunday morning. A woman had just met a man at a bar in the Weston area when he asked to borrow her car. She said yes, so he drove alone to a residence on Redwood Avenue near Henderson
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Japan's Big Spenders Have the Upper Hand in Budget Debate

Japan's Big Spenders Have the Upper Hand in Budget Debate

This may change when the Bank of Japan eventually tapers its monetary stimulus program. Any rapid tightening will be a threat to the government if it hasn't made progress with fiscal consolidation, warns Yuki Masujima, senior economist at Bloomberg Economics.
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I want to change my address

I want to change my address – Let TD Helps show you how you can reach your goals.
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Double Helix full game free pc, download, play. download Soldier of Fortune II

DOWNLOAD Soldier of Fortune II: Double Helix [http://femeedia.com/game/index.php?title=Soldier+of+Fortune+II%3A+Double+Helix](http://femeedia.com/game/index.php?title=Soldier+of+Fortune+II%3A+Doubl…
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Operational Risk Analyst

Learn more about applying for Operational Risk Analyst at Santander Bank.
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Forex Rally's Impact on Housing Sector Limited

A housing official has ruled out any immediate impact of the ongoing rally in the foreign exchange market on home prices but says that in the medium term, a weaker rial would make the housing market bullish. According to Ali Chegini, the head of the Planning and Housing Economy Office at the Ministry
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Small Caps and the Merits of Multifactor

The economic environment and policy changes under the Trump administration may help support small-capitalization stocks and related exchange traded funds ahead. On the upcoming webcast, Small Caps and the Merits of Multifactor, Emily Roland, Head of Capital Markets Research for John
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Podcast Open banking role models: Fidor, Rabobank and BBVA

BBVA, Fidor and Rabobank have all been offering application programming interfaces to third parties for some time. Celent analysts Alenka Grealish and Stephen Greer explain why and how these banks have embraced open banking.
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January continues 'record low' trend for metro Denver home inventory

January started off the year with a record-low inventory of home for sale in metro Denver — 3,869 listings, according to the Denver Metro Association of Realtors' latest market trends report. “These lows will not change until new listings significantly outpace under contracts,” said Steve Danyliw, DMAR's
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PepsiCo CEO Indra Nooyi's Desire to Create Snacks for Women Is Nothing New

PepsiCo CEO Indra Nooyi has gotten some blowback for comments she made about the way women snack. In an interview with Freakonomics Radio that posted last week, Nooyi said that when young men eat chips, in particular Doritos, they “lick their fingers with great glee, and when they reach the
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Can I Pay My Mortgage With a Credit Card? Experts Weigh In

“Most merchants have an incentive to accept credit cards—even with the transaction fee—because they know you're likely to spend more than you would if you paid in cash,” he explains. “They figure they'll make up the fee in extra sales and profit. Your mortgage company doesn't have this incentive.
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Broadcom Pressures Qualcomm to Negotiate After Raising Bid

Broadcom Ltd. offered Qualcomm Inc.'s shareholders a $16 billion bigger payday, ratcheting up the pressure on its rival chipmaker to negotiate while deriding Qualcomm's plan for independence as “pie in the sky.” Hock Tan. Photographer: Martin H. Simon/Bloomberg via Pool. “Any rational board would
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Why a Dip in Asset Prices Might Be a Good Thing

There's a lot of wealth being created and not enough safe places to store it. by. Tyler Cowen. @tylercowen More stories by Tyler Cowen. 7. February 5, 2018, 8:05 AM PST. What goes up, sometimes comes down. Photographer: Michael Nagle/Bloomberg. Is there an argument that high asset prices are
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'It Was Excessive Confidence.' Dow Jones Industrial Average Plunges 1100 in Biggest One-Day …

U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied and gold rose on haven demand. Volatility roared back into
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Is VICI Properties Inc (NYSE:VICI) A Real Estate Leader?

VICI Properties Inc (NYSE:VICI), a $7.58B mid-cap, is a real estate company operating in an industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. Real estate investment trust, or a REIT, is a
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Real estate firm predicts Facebook will grow to 1 million square feet in Redmond

Facebook has been growing in spurts along the Willows corridor in Redmond, but the sense among commercial real estate brokers is that the company is just getting started. Facebook has been interested in Redmond since at least 2016, when it leased a large amount of office/industrial space at Willows
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From Phoenix to Montreal: Acclaimed Futurist to Speak at Eleven Events in the Month of February

He will be presenting his insights on the future of a variety of industries, including pharmaceuticals, real estate, transportation, healthcare, agriculture, financial services, global supply chain, and construction. “Powered by rapidly emerging and converging technologies, the world today is changing faster
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Fidelity National Financial, Inc. (FNF) vs. Investors Title Company (ITIC): Which is the Better …

Fidelity National Financial, Inc. (NYSE:FNF) shares are down more than -3.36% this year and recently increased 0.32% or $0.12 to settle at $37.92. Investors Title Company (NASDAQ:ITIC), on the other hand, is down -4.21% year to date as of 02/02/2018. It currently trades at $190.00 and has returned
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Supreme Court Justice Allows New Pennsylvania Congressional Voting Map

A U.S. Supreme Court justice cleared the way for a more Democratic-friendly congressional voting map in Pennsylvania for this year's election to replace one tilted toward the GOP. Justice Samuel Alito left in force a Pennsylvania Supreme Court ruling requiring the Republican-controlled legislature to
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Best New Jersey Mortgage Lenders of 2018

Shopping for a mortgage? Not so much. But don't worry, we've cut through the clutter, vetting New Jersey's mortgage lenders to discover which are the best for borrowers' particular needs. From the hills of Sussex County to the beaches of Cape May, here are some of the best lenders in New Jersey,
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Dykema Cox Smith Adds Cannabis/Health Care and Commercial Lending Attorneys in Dallas

And with Rick, we have been looking for a commercial lending lawyer since our combination with Cox Smith,” Kratovil said. In 2015, San Antonio-based Cox Smith Matthews merged with Detroit-based Dykema Gossett. The firm is known as Dykema Cox Smith in Texas, where it has offices in San Antonio
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Bethenny Frankel and Fredrik Eklund Talk Real Estate TV—and the Design Trend They Hate

Bethenny Frankel and Fredrik Eklund Talk Real Estate TV—and the Design Trend They Hate

Take Bethenny Frankel from “Real Housewives of New York City,” pair her up with real estate agent Fredrik Eklund of “Million Dollar Listing New York,” and what do you get? A new reality TV show, “Bethenny & Fredrik,” which promises plenty of fireworks between these two powerhouses who have
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Senior Loan Officer Opinion Survey on Bank Lending Practices

… and October/November meetings of the Federal Open Market Committee. The Federal Reserve occasionally conducts one or two additional surveys during the year. Questions cover changes in the standards and terms of the banks' lending and the state of business and household demand for loans.
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China to Block Access to International Cryptocurrency Exchanges

For those who will not be able to access international websites they might have to trade off-exchange only and wait for a truly unblockable decentralized solution. Will the government of China be able to stop its citizens from buying bitcoin this time around or should bitcoin just ban China and get it over
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Stocks fall further as banks sink; Wells Fargo plunges

NEW YORK (AP) — U.S. stocks are continuing to sink Monday afternoon as banks and health care and energy care companies slip. Wells Fargo is plunging after the Federal Reserve hit the bank with new sanctions over a scandal that involved opening millions of phony consumer accounts. The market
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King County housing market kicks off 2018 even hotter than before, as Seattle breaks price record

The King County real estate market finished 2017 as the priciest year in history. And 2018 is off to an even hotter start. Single-family home prices across the county surged nearly 20 percent in January compared to a year prior, the biggest increase in two years, according to monthly home sale data
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Draghi Says ECB Studying Digital Currency Risks for Banks

Mario Draghi said the European Central Bank's supervision arm is studying the risks that digital currencies may pose to banks' balance sheets. “Right now digital currencies are not subject to a specific supervisory approach,” the ECB president said responding to lawmakers' questions at the European
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Logitech International SA (LOGI) Stake Lowered by GRATRY & Co LLC

GRATRY & Co LLC reduced its stake in Logitech International SA (NASDAQ:LOGI) by 50.3% during the 4th quarter, according to the company in its most … Citigroup upped their target price on shares of Logitech International from $44.00 to $47.00 and gave the stock a “buy” rating in a research note on
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Despite new listings, metro Denver's housing inventory remains tight as homes are snapped up as …

“In January, homes under contract were almost the same number as new listings. This means that as fast as listings come on the market, they are placed under contract,” Steve Danyliw, chairman of the DMAR market trends committee and a Denver real estate agent, said in the report. There were 3,869
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Chinese Electric Vehicle Startup Byton Taps Aurora For Self-Driving Car Tech

Byton, the new China-based company that unveiled a tech-centric all-electric SUV concept at the big tech trade show CES in January, is now tapping some outside experts to bring self-driving car technology into their future vehicles. Byton announced Monday that it has partnered with self-driving vehicle
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Trump's White House Is Worried About the Stock Market. Should You Be?

With major stock market indexes such as the Dow Jones Industrial Average and S&P 500 erasing their 2018 gains on Monday, investors and even the White House are indeed starting to worry: Will the market fall further? “We're always concerned when the market loses any value,” a White House official
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Morgan Stanley highlights the new hot area in Hong Kong banking

Do you work for a global bank in Hong Kong? The future of your job is increasingly being decided not by your firm's head office in the US or Europe…but by the Chinese government. And as a result, the future is not necessarily that bright if you want to remain in city. As China liberalises its securities
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DavorCoin: Newest Digital Currency 'Lending Platform' Hit With Cease and Desist

BitConnect, a similar digital currency 'lending' platform, made headlines when it announced the closure of the majority of its services amidst cease and desist orders and an abundance of Ponzi scheme claims. With the closure of BitConnect's lending services, its supplementary BitConnect coins (BCC)
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I have just uploaded my historical banking transactions into QB….

Similar Questions. VAT liability journal entry not created when filing VAT return. I have just realised that when I filed my 30/06 VAT return using QB Pro 2015, it appeared to work and sent the VAT return to HMRC ok but it hasn't created any entries on the VAT Liability account. I was due a credit from
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EBRD invests in covered bond issued by Alpha Bank Greece

The EBRD has successfully participated in a covered bond issue by Alpha Bank A.E. in Greece with an investment of €40 million in the total offering of €500 million.
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The 10 Most Congested Cities in the World

Five of the top 10 most congested cities in the world are located in the United States, according to a global traffic scorecard published annually by Inrix, a company that aggregates and analyzes traffic data collected from vehicles and highway infrastructure. Los Angeles is the most congested city in the
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Arby's closes deal for Buffalo Wild Wings, makes new company

When debt is included, the companies value the deal at $2.9 billion. Inspire Brands, which is controlled by private equity firm Roark Capital, is based in Atlanta. Inspire Brands said it will have total sales of more than $7.6 billion a year. Arby's CEO Paul Brown will have the same title at the new company.
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Lululemon CEO Exits Due to Poor Conduct

Laurent Potdevin, former chief executive officer of Lululemon Athletica Inc., poses for a photograph at the company's store at the International Finance Centre mall in Hong Kong, China, on Monday, June 22, 2015. Photo by Bloomberg via Getty Images. By Phil Wahba. 5:16 PM EST. After a period of
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Market Rout Wipes $114 Billion From Fortunes of World's Richest

A plunge in U.S. stocks Monday cut the fortunes of the world's 500 richest people by $114 billion as the optimism over tax cuts that fueled January's gains gave way to worries about inflation. … Facebook Inc. CEO Mark Zuckerberg's fortune tumbled by $3.6 billion, the second-biggest decline.
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Saudi Arabian authorities announce SR120bn mortgage market plan

Saudi Arabian authorities announce SR120bn mortgage market plan … Authorities are looking to expand the mortgage market by 70 percent to reach SR502 billion and Saudi citizen home ownership from 50 percent to 60 percent by 2020 largely through increased private-sector participation, Alhogail
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FCA's Bailey Says Brexit Transitional Deal Needed by End of March

The head of the U.K. Financial Conduct Authority added urgency to Brexit negotiations by saying European governments must reach a transitional agreement for financial services by the end of March to avoid the risks presented by EU departure. Financial contracts between the U.K. and E.U. worth up to
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Fame, fortune and faith: Drake's story of success

Fame, fortune and faith: Drake's story of success

For most, the mere mention of the name 'Drake' will call to mind any number of different hits that the artist has had; his rise to the limelight over the past decade has been truly remarkable. However, unlike most of his previous releases, his new project Scary Hours, consisting of two new songs: God's Plan
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USDA announces Commodity Credit Corporation lending rates for Feb. 2018

WASHINGTON – The U.S. Department of Agriculture's (USDA) Commodity Credit Corporation on Feb. 1 announced interest rates for February 2018. The Commodity Credit Corporation borrowing rate-based charge for February is 1.750 percent, up from 1.625 percent in January. The interest rate for crop
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60 percent spike in Florida home insurance rates without benefit-assignment reform

Under guidelines set by Fannie Mae and Freddie Mac, a wave of rating agency downgrades could put thousands of mortgages across the state into technical default. Without reform, the Florida Office of Insurance Regulation also projects that homeowners premiums will rise an average of 29.5 percent
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Should You Buy NMI Holdings, Inc. (NMIH) or Ambac Financial Group, Inc. (AMBC)?

NMI Holdings, Inc. (NASDAQ:NMIH) and Ambac Financial Group, Inc. (NASDAQ:AMBC) are the two most active stocks in the Surety & Title Insurance industry based on today's trading volumes. We will compare the two companies based on the strength of various metrics, including growth, profitability,
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CFPB reportedly pulling back from Equifax data breach investigation

In another signal that Mick Mulvaney's Consumer Financial Protection Bureau will operate far differently than it did under Richard Cordray, the CFPB is reportedly pulling back from its investigation in the data breach at Equifax, which exposed the personal information of 145.5 million U.S. consumers to
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Howard Hanna buys Virginia Beach real estate company

Howard Hanna Real Estate announced Monday it had acquired Atlantic Coast Real Estate at the Oceanfront. Dennis Cestra Jr., vice president of the Southeast region for Howard Hanna, said he was introduced to Brady McNaughton, principal broker and owner of the company also known as ACRE,
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Target Logistics Expands Pecos Lodge, Permian Basin Capacity

THE WOODLANDS, Texas–(BUSINESS WIRE)–Target Logistics Management, LLC (“Target Logistics”), a global leader in remote accommodations and the largest provider of turnkey workforce housing in the U.S., announced today a 251-bed expansion to its Pecos Lodge in West Texas. The additional
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INCA Capital acquires Scottsdale Private Lending

As a direct lender, INCA sources individuals with simple or complex loan requests, evaluates underwriting, and provides funds with lower-cost private capital investor money, which is a fast and affordable process in comparison to traditional lending. Sollomi is a licensed Mortgage Loan Originator (NMLS
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Keynote presenter added to SABJ's commercial real estate panel event

McIntosh will kick off the event, titled “Opportunities and Challenges in Local Commercial Real Estate for 2018,” scheduled from 8 to 10 a.m. Feb. 28 at Pearl Stable. His presentation on local commercial real estate will include trends in the market and statistics on key areas of concern for commercial real
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Deal of Fortune- Adults Only- Oceanview

Answer 11 of 11: Anyone familiar with Cheap Caribbean Deal of Fortune-Adults Only-Oceanview? (Hotels listed: Breathless Riviera Cancun, Secrets Capri, Secrets Silversands, Iberostar Grand Paraiso, Valentin Imperial.) Yay or Nay?
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US banks loosened business loan lending standards in fourth quarter 2017: Fed

“A moderate net percentage of banks reported they eased standards for (business) loans to large and middle-market firms over the past three months while lending standards remained basically unchanged…for loans to small firms,” the U.S. central bank said in its survey. The Fed raised interest rates
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Brokers Set Expectations for Arlington Asset Investment Corp's Q1 2019 Earnings (NYSE:AI)

Arlington Asset Investment Corp (NYSE:AI) – Equities researchers at B. Riley issued their Q1 2019 earnings per share estimates for Arlington Asset Investment in a note issued to investors on Thursday, Zacks Investment Research reports. B. Riley analyst J. Levi-Ribner expects that the financial services
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Denver Home Prices Inch Upward in January; Housing Stock Hits New Low

The latest numbers from the Denver Metro Association of Realtors show that while housing inventory was up slightly in January, it wasn't enough to reverse the trend of record-low listings. The total number of homes on the market in January was just 3,869 for the entire metro area, a decrease of just over
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The Next Bubble to Burst

In the run-up to the Great Economic Recession of 2008-09, almost the entire U.S. economic academic community underestimated the dangers of the housing and credit market bubbles. As a result, they were caught totally flat-footed when those bubbles burst. In late 1998, this prompted Queen Elizabeth
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Lloyds Bank cuts 930 jobs ahead of fresh three-year strategy

Britain's biggest bank has axed 930 jobs across multiple divisions ahead of a new three-year strategy to be unveiled later this month. A Lloyds Bank spokesperson said the majority of cuts were within the lender's commercial banking unit, the chief information office, risk, community banking and
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Apple and Cisco Team Up on Cybersecurity Insurance

Apple and Cisco are now selling insurance policies to companies to protect them financially against cyber attacks. The insurance policies are part of a broader package that also includes corporate security reviews. As part of the package, professional services firm Aon will perform security consulting for
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GSE reform bill could be Congress' last chance

The bill envisions a system where multiple smaller-scale versions of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac would purchase and securitize mortgages — a plan that resembles, in many respects, the system proposed by the Mortgage Bankers Association (MBA).
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Home Lending Advocate Senior in Columbus at Huntington

New Career Opportunity! Huntington National Bank has an opening for a Home Lending Advocate Senior in Columbus, OH.
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Lawmaker Seeks Probe into Fake Comments on Payday-Lending Rule

The top Democrat on the House Energy and Commerce Committee asked the Trump administration Monday to investigate fake online comments uncovered by The Wall Street Journal on a rule to restrict high-interest payday lending. Rep. Frank Pallone of New Jersey made the request in a letter to the
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Trump Lauds 'Tidal Wave of Good News' While Dow Plummets

President Donald Trump promoted “a tidal wave of good news” on the economy Monday as U.S. stocks plummeted in the second day of a sell-off. The Dow Jones Industrial Average was down more than 1,500 points at one point during his speech at Sheffer Corp., a manufacturing plant in Blue Ash, Ohio
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Marriott International Inc (MAR) Holdings Increased by Sandy Spring Bank

Marriott International Inc (MAR) Holdings Increased by Sandy Spring Bank

Sandy Spring Bank raised its position in Marriott International Inc (NASDAQ:MAR) by 17.1% in the fourth quarter, according to the company in its most recent … BidaskClub cut shares of Marriott International from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. Barclays
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Why Qualcomm's Stock Price Fell After Broadcom Increased Its Bid

Broadcom offered $70 per share in November to buy mobile chip giant Qualcomm, but concerns that the price wasn't high enough to appeal to shareholders left the deal in doubt and the stock trading around $66 to $67. So on Monday, when Broadcom upped its offer to $82 a share, a lofty level that
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Apple's First Big Product Announcement Could Happen in March

The tech giant is working on new products that could be unveiled in March, Digitimes is reporting, citing sources. While Digitimes has a spotty track record of predicting Apple's moves, the site's sources said that the company is working on new iPhones, iPads, and MacBooks. The sources didn't say which
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FEDERAL NATIONAL MORTGAGE ASSOCI (OTCMKTS:FNMA) Sellers Covered 7.51% of Their …

It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities . It currently has negative earnings. The firm operates through two divisions, Single-Family and Multifamily. More news for Federal National Mortgage Association (OTCMKTS:FNMA) were recently published
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Lloyds Banking Group axes over 900 jobs as part of sweeping shake-up across the business

More than 900 jobs have been axed by Lloyds Banking Group as part of a sweeping shake-up across five divisions at the lender. The banking giant said 930 roles would be slashed, with the lion's share of the impact hitting commercial banking, the chief information office, risk, community banking,
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Lockheed to Get $10.7 Billion for F-35s in Budget Plan

A F-35A fighter jet performs aerial maneuvers during a flying display at the 53rd International Paris Air Show. Photographer: Chris Ratcliffe/Bloomberg. The Pentagon intends to ask Congress to approve $10.7 billion to buy 77 Lockheed Martin Corp. F-35 jets in the fiscal year set to begin Oct. 1, according
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Quicken Loans Overtakes Wells Fargo As America's Largest Mortgage Lender

He translates rap lyrics, dating profiles, abstract art and, of course, mortgage mumbo-jumbo. The big news in the 60-second spot, slipped into a tagline at the end, however, was easy to miss: Quicken Loans is now America's largest mortgage lender. In the fourth quarter of 2017, Detroit-based Quicken
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Powell Sworn In as Fed Chief Pledging to Explain Policy Moves

Federal Reserve Chairman Jerome Powell, minutes after being sworn in as the central bank's 16th leader, pledged to support continued growth and price stability, while emphasizing a commitment to better communication with the public. “As I begin my term, I want to stress my commitment to explaining
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Wheeler Real Estate Investment Trust, Inc. Announces Update on Management Transition and …

VIRGINIA BEACH, Va., Feb. 05, 2018 (GLOBE NEWSWIRE) — Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on acquiring and managing income-producing retail
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Big Machine Vodka becomes title partner of Brickyard 400 at IMS

“Our friends at Big Machine Records are the perfect partners for NASCAR racing at IMS, and the addition of Big Machine Vodka as the title sponsor for the Brickyard 400 sets the … The company is in its fourth year sponsoring Tony Kanaan, the 2013 Indianapolis 500 winner and 2004 IndyCar Champion.
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Peer to peer lending

Peer to peer lending, sometimes known as P2P or marketplace lending, is an alternative to traditional personal loans. Discover more about P2P with AMP.
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8 live video ideas every agent should try

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Many experts agree that video is a critical component of real estate marketing. In fact, Facebook is moving toward a “video first” strategy. If you've been thinking about getting into
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FBI Blocking Details on Trump Dossier Author, Grassley Says

Senate Judiciary Chairman Chuck Grassley said the FBI is blocking release of key portions of a memo he wrote calling for a criminal investigation of Christopher Steele, the former British spy who compiled a dossier of unverified allegations on Donald Trump. Chuck Grassley. Photographer: Andrew
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Fortune Brands Home & Security (FBHS) Shares Gap Down on Analyst Downgrade

Fortune Brands Home & Security logo Fortune Brands Home & Security Inc (NYSE:FBHS) shares gapped down prior to trading on Monday after Barclays lowered their price target on the stock from $71.00 to $70.00. The stock had previously closed at $65.51, but opened at $64.90. Barclays currently has
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Millennials May Ignite An Epic Housing Bull Market In 2020

When inventory levels are this low, home prices have tended to rise at double digit rates or roughly double the current 6%. By 2020- 2022, Hedgeye Housing analyst Josh Steiner says “we could see an extraordinary housing bull market” as Millennial homebuyers enter the market. After a decade long
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Fed's senior loan officer survey shows looser business lending standards

The Q4 senior loan officer survey from the Fed is out and it shows banks loosened standards for business loans. That plays into worries at the Fed that even though they have tightened, lending is looser on net and financial conditions are easier. “A moderate net percentage of banks reported they eased
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Critics Are Bashing 'The Cloverfield Paradox,' Netflix's Bold Post-Super Bowl Movie Release

Super Bowl LII's thrilling finish wasn't the only surprise of Sunday night, as Netflix enticed millions of football fans by dropping a preview for a new movie that debuted on the streaming site immediately after the Philadelphia Eagles finished off their win over the New England Patriots. Netflix premiered a
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Wells Fargo Must Be Better Before It Gets Bigger

Also crypto-Bond-villains, Uber and regulation, health-care bankers, non-competes and more flamethrower financing. by. Matt Levine. @matt_levine More stories by Matt Levine. 2. February 5, 2018, 6:58 AM PST. From. Oh Wells Fargo. Janet Yellen kicked Wells Fargo & Co. on her way out the door at
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Saudi Arabia's $32 Billion Bid to Build Private Mortgage Market

Saudi Arabia's $32 Billion Bid to Build Private Mortgage Market. By … Saudi Arabia plans to spend 120 billion riyals ($32 billion) on subsidized home loans for borrowers, as it seeks to create conditions for an expanded private-sector role in a mortgage market dominated by the government.
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Fannie Mae (FNMA) & Freddie Mac (FMCC) – Where Did The Money Go?

The theft left the shareholders of Fannie Mae (FNMA) and Freddie Mac (FMCC) common and preferred stock decimated, and holding onto equity placed into limbo. Fannie Mae (FNMA) and Freddie Mac (FMCC) are collectively referred to as Government Sponsored Enterprise(s) (GSEs). One might think
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Personnel File

Personnel File

Medeiros joins BayCoast Bank with more than 11 years of experience in the financial services industry, most recently as branch manager of … and chief compliance officer, has been appointed to the board of directors of the Massachusetts Mortgage Bankers Association (MMBA) for a two-year term.
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Gerald Graziano Joins Seneca Falls Development Corporation Board of Directors

SENECA FALLS, New York, — Generations Bank today announced the appointment of Gerald Graziano to the Seneca Falls Development Corporation (SFDC) Board of Directors during its recent annual meeting. Gerald Graziano, who will also serve as Board Treasurer, leads the Generations Insurance
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Assistant, Real Estate

Top NYC investment firm is seeing an Assistant to support the Co-Head of their real estate practice. Successful candidate will be approachable, organized and proactive as the role entails extensive…
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CBRE: Life science growth fueling RE boom

That, in turn, could be a real boon to locations such as North and Central Jersey, which have high concentrations of biopharma firms, and the corresponding real estate assets. “Many solid trends support strong growth going forward for the life sciences sector, especially in major R&D markets,” Ian
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Yellen Joins Brookings Institution

What is Janet Yellen doing after concluding her historic four-year term as the first woman to chair the Federal Reserve? No, she's not heading to Disney World—Yellen is joining the Brookings Institution as a Distinguished Fellow in Residence with the Economic Studies program. According to the
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Despite Impact From Hurricanes, Mortgage Performance Continued to Improve in 2017

Although hurricanes Harvey, Irma and Maria drove up the U.S. mortgage delinquency rate in the fourth quarter, overall mortgage performance continued to improve in 2017, according to Black Knight's Mortgage Monitor Report. “Hurricanes Harvey and Irma significantly impacted 2017 mortgage
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No Slap On The Wrist: Wells Fargo Plunges After Federal Reserve Bars Lender's Growth

is facing far more than a fine for its fake accounts scandal, in which employees at the lender's branches across the country opened over a million fraudulent checking and credit card accounts to hit their numbers. Late on Friday, the Federal Reserve decided to restrict growth at America's third-largest
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Union Bank adds commercial banking veteran in Kansas City

Union Bank & Trust has beefed up its commercial banking in Kansas City with the addition of an industry veteran. Tim Owens, who has 16 years of experience in the financial services industry, joined Union Bank as a vice president of commercial banking. He comes to the bank after a one-year stint at
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Era of Pets

How the Housing Market Is Responding to the 'Era of Pets'. February 5, 2018. Dog in bed. Photo: Pexels. Recent survey data show that 60 million U.S. households have a dog, and 81 percent of respondents in a National Association of Realtors survey said they'd take their pets' needs into account when
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Recovco Mortgage, In Growth Mode, Hires John Guy To New Position As Business Development …

DALLAS, Feb. 5, 2018 /PRNewswire/ — Recovco Mortgage Management, LLC — a leading provider of residential and consumer loan fulfillment, due diligence, quality control, transaction management, and loan servicing solutions — today announced that John Guy has joined the company in the newly
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Real Estate Attorney Dan Teitelbaum Joins Blackacre LLP

Blackacre LLP (formerly Blackacre Law Group) represents clients in a wide variety of real estate transactions, including real property acquisitions and dispositions, leases, brokerage matters, property management matters and financing. Clients include national and regional restaurants and retailers, real
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Fed restrictions continue to badger Wells Fargo; US banks down

“Banks generally respond well to higher rates/inflation but I do think the WFC news is taking down the entire large cap bank tape this morning,” said RJ Grant head of trading at Keefe, Bruyette & Woods in New York. Wells Fargo, which posted its biggest intraday percentage loss in six and a half years,
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Should I delay buying my first home because of Brexit?

Q My husband and I are finally in a position to buy our first home after many years of saving for a deposit. However, both family members and friends have told us to wait a little longer as they feel prices are set to fall slightly in 2018 due to Brexit and a change in interest rates being imminent. We are
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Report: Manhattan Co-op and Condo Sales Prices Gone Up for 5 Years Straight

“In Manhattan, the co-op and condo market showed strength and despite the decline of closings in the new development pipeline of legacy sales, market-wide price trend indicators all set record highs,” said Steven James, CEO of New York City, Douglas Elliman, in a press statement that accompnaied
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Weatherford International's (WFT) “Buy” Rating Reiterated at Seaport Global Securities

Weatherford International logo Weatherford International (NYSE:WFT)'s stock had its “buy” rating reiterated by stock analysts at Seaport Global Securities in a report released on Monday. They presently have a $6.00 price objective on the oil and gas company's stock. Seaport Global Securities' price
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Foreclosure Starts, Completions at 17-Year Lows

“Hurricanes Harvey and Irma significantly impacted 2017 mortgage performance metrics,” said Black Knight Data & Analytics Executive Vice President … “The national non-current rate, which tracks all loans 30 or more days past due or in active foreclosure, edged down slightly from 2016, even including
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Don't Worry About Bonds Just Yet, Stock Investors

Stock investors need to pause and catch their breath after the great market freakout that caused stocks to plunge last week. The Dow Jones Industrial Average fell an ominous nearly 666 points on Friday, or 2.5 percent, capping the worst week for the market since early 2016. There were a number of
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Here's Why The Market Is Down 1000 Points In Two Days

When Federal Reserve Chairwoman Janet Yellen hinted that it was “hard to tell” if the housing market was overheated, or the stock market in general, investors sold. The Fed hates bubbles. Investors look for clues that the Fed is ready to start popping. But what investors worry about more is not whether
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Mulvaney Reportedly Stalls CFPB Probe of Equifax

The Consumer Financial Protection Bureau (CFPB) is reportedly slowing down its probe of the Equifax data breach, in stark contrast to other federal and state investigations. According to a Reuters report that is attributed to anonymous “people familiar with the matter,” Acting Director Mick Mulvaney has
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Sinead Ryan: How to boost your mortgage chances

Anyone spending 35pc of their income on a mortgage, or who has already been refused, for good reason, by a lender that stress tests into the future, should probably be a renter. Above this income bracket, however, there's a consensus that renting is “dead money”; better to buy, put the first step on the
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Davis Says UK 'Very Clear' on Brexit, But Barnier Politely Disagrees

Davis Says UK 'Very Clear' on Brexit, But Barnier Politely Disagrees

U.K. Brexit Secretary David Davis and EU chief Brexit negotiator Michel Barnier discuss Brexit negotiations. The chief Brexit negotiators met in London for the first time this year and while David Davis was at pains to say the U.K. was “very clear” on what it wants out of the talks, his adversary is calling his
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The evolution of merchant banking in Nigeria

CEO of the newly launched Nova Merchant Bank, Chinedu Ikwudinma says the evolution of banking regulations which gave rise to universal banks performing the roles of merchant banks led to the death of merchant banking operations in the country. CNBC Africa's Esther Awoniyi caught up with him at
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GreenOak gets $21M in sale of mixed-use Soho building

GreenOak Real Estate has sold its Soho building at 5-7 Mercer Street to Churchill Real Estate Holdings and Square Advisors for $21 million, The Real Deal has learned. The mixed-use building is located at 5-7 Mercer Street and spans about 21,500 square feet. It contains nine rental residential units
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Trussville ministry to hold 'Love Your Neighbor' food drive for February

Bryant Bank, BB&T Bank, DeDe's Book Rack, Courtyard by Marriott, Elmcroft Senior Living, EW Motion Therapy, First Community Mortgage, Hampton Inn, Hilton Garden Inn, Holiday Inn Express, Jefferson Title Company, Keller Williams Realty, Marco's Pizza, YMCA Trussville, and T.E.A.M located at 88
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Why nearly 100 people toured one Denver home in three days

The groundhog may not agree, but spring has sprung early this year, at least in the housing market. Rising interest rates and record-low supply have lured potential buyers out early — in just three days nearly 100 potential buyers toured a Denver home priced at $500,000. “There is simply just too much
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Survey finds Tennessee millennials are over paying rent, seek home ownership

81% of Tennessee millennial home buyers will seek financing and 65% plan to spend between $100,000 to $299,999 on a home. AAA advises those seeking mortgage financing to start looking and doing research now, before the spring real estate market heats up. AAA also says to seek pre-approval
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Peapack-Gladstone Bank Expands Corporate Advisory Services

BEDMINSTER, NJ, Feb. 05, 2018 (GLOBE NEWSWIRE) — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank announce a heightened commitment to providing strategic advice to entrepreneurs and business owners who are looking for
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iFresh Names Cushman & Wakefield Exclusive Real Estate Services Agent

NEW YORK, Feb. 05, 2018 (GLOBE NEWSWIRE) — iFresh Inc. (NASDAQ:IFMK) (“iFresh” or the “Company”), a leading Asian American grocery supermarket chain and online grocer, announced today that the company has retained Cushman & Wakefield, Inc., (“C&W”), a leading global real estate
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Freddie Mac Multifamily Volume Tops $73 Billion in 2017

Freddie Mac Multifamily set a company record in 2017, financing $73.2 billion in loan purchase and guarantee volume. With nearly 30% over its 2016 total of $56.8 billion and amounting to over 820,000 units, this marks the third consecutive year Freddie Mac has been the nation's top multifamily
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Fauquier County real estate transfers Jan. 29-Feb. 2

Janet M. Meiburger and Peer A. Barthelson, bankruptcy trustees, to John Bourque, 6.69 acres, Rt. 801 (Green Meadows Road), near Warrenton, $135,000. John K. Foley and Jeffrey A. Foley, successor trustees, to Tracy L. Melvin, 6.11 acres, Sowego Road, near Catlett, $140,000. Fauquier Housing
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Financial Fitness Week: Getting you ready to speak with a Mortgage Loan Officer

MACON, Georgia (41NBC/WMGT) – This week is Financial Fitness Week on 41Today. Pennie Brown, a Mortgage Loan Officer from BB&T Bank gave us advice about how to get prepared to meet with a Mortgage Loan Officer. The first step to perhaps owning a home. Pennie Brown will be on tomorrow to
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Real estate to grow over next 12 months

PROPERTY is on a steady growth trend over the next 12 months, according to Trevor Manwarring, principal of One Agency Manwarring Property Group. Along with daughter Rachael and wife Sharen, the real estate business has expanded from the Alstonville office to Goonellabah. “We opened our new
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Bridge Loans – Bridging the Gaps to HUD Financing

Bridge loans bridge the short-term gap between the funds a borrower needs now and the future permanent financing plan. Bridge lenders have … HUD provides mortgage loan insurance to specially approved lenders who have undergone extensive review to participate in HUD's programs. Lenders who
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Waymo V. Uber: What You Need To Know About the High-Stakes Self-Driving Tech Trial

The race to commercialize self-driving vehicles is often described as a potential $7 trillion-dollar opportunity. But there's more than just money on the line. For some companies, it's existential. The first act in this win-or-die storyline kicked off Monday in a San Francisco courtroom.
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Fortune Teller video

Staff writer Harry Funk, a professional journalist for three-plus decades, has been on the staff of The Almanac since 2015. He has a bachelor's degree in journalism and master of business administration, both from Indiana University of Pennsylvania. Follow Harry Funk. Close
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Demand Remains Steady for Single-Family Rentals

“Supply levels remain tight driven by solid demand, with occupancy rates hovering around 95 percent in many top markets,” says Rick Palacios, Jr., director of research with John Burns Real Estate Consulting, a research and consulting firm based in Irvine, Calif. A strong economy is helping drive
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Fraying Israel-Turkey Ties Threaten Planned Gas Venture

A U.S.-backed initiative to build an undersea natural gas pipeline between Israel and Turkey looks increasingly troubled as Turkish President Recep Tayyip Erdogan escalates his public denunciations of the Jewish state. Israel has shifted its priorities to exporting to Egypt and other markets because of
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Bitcoin Hits $7500 as UK's Biggest Bank Bans Cryptocurrency Purchases on Credit

Bitcoin prices tested three-month lows Monday after Britain's Lloyds Banking Group Plc (LYG) joined a growing list of lenders that have banned cryptocurrency purchases on credit cards amid an expanding crackdown on digital currencies that has loped more than $400 billion in global market value.
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Banks, Retailers, China Have All Turned On Bitcoin

Banks, Retailers, China Have All Turned On Bitcoin … Top banks stopping clients from using their credit cards to buy bitcoin. … “Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,” a company spokeswoman told
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Mortgage Rates Hit Highest Level in 4 Years

Mortgage rates inched even higher late last week, hitting a level not seen in four years after the January unemployment report topped economists' expectations. As of Friday, CNBC reported that the 30-year fixed-rate mortgage rate was at 4.5% on average. Rates at some lenders were even higher than
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