Arlington Asset Investment logo Schwab Charles Investment Management Inc. increased its position in Arlington Asset Investment Corp (NYSE:AI) by 10.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 97,466 shares of the financial services provider's stock after
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Bank of America upgraded Weatherford International from an “underperform” rating to a “neutral” rating and set a $5.00 price target for the company in a research report on Tuesday, January 16th. Gabelli restated a “buy” rating on shares of Weatherford International in a research report on Tuesday,
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WELLINGTON, Feb 15 (Reuters) – The New Zealand housing market posted modest price growth in January and sales volumes picked up, snapping 19 months of falls, but policy changes could mean only a slow recovery. Seasonally adjusted median house prices rose 7.0 percent since January 2017,
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Nakada is among a group of volunteers who are starting a Lincoln time bank, in which people exchange services for credits they can spend on services … The group is using a national time banking website to provide information about people and their skills and needs, and to track hours of service.
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Major banks including Goldman Sachs and JP Morgan have been called out by an influential parliamentary committee for failing to sign the Women in Finance Charter and pledging to … A spokeswoman for JP Morgan said the bank supports the goals of the charter and is “considering signing up”.
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LONGVIEW, Wash. — A fire destroyed a real estate office near the intersection of Oregon Way and Alabama in Longview. Several people called 911 to report the fire around 4 p.m. on Wednesday. Firefighters could see a smoke column several blocks away. They found the fire in a double wide “Job
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JOB DESCRIPTION. Banking Customer Service Representative Calling all Mortgage Call Centre professionals – we have an opportunity for you in Toronto to represent one of Canada's Big 5 Banks! In this 1 year contract opportunity you will be part of the Legal and Mortgage team – working Monday to
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Amazon Lending, which launched in 2011, ultimately found a partner in Bank of America Merrill Lynch, according to people familiar with the matter who asked not to be named because the alliance is confidential. Partnering with Bank of America allows Amazon to reduce its risk and access capital
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At Fortune, David found support to achieve his goal of obtaining a GED. Read his reentry program success story, and learn more about our Education program.
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The real estate world is generally slow to pick up on new technology trends, but even the most staid industries are not immune from the current hype and possible disruption of blockchain technology. Enter Propy, a Silicon Valley startup looking to bring this season's hottest tech to real estate. Founded in
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State of Alaska Department of Revenue grew its stake in American International Group by 334.7% in the 4th quarter. State of Alaska Department of Revenue now owns 97,947 shares of the insurance provider's stock worth $5,834,000 after buying an additional 75,415 shares in the last quarter. Synovus
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Ziggler walked away from the company (in storyline), relinquished the United States title and collected paychecks from home. He then came back in time for the Royal Rumble where he lasted all of two minutes and one second, per WWE.com. How in the world does that make him a viable world title
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Microsoft Mandatory Survey (#13) Customers who want to upgrade to Windows 98 Second Edition must now fill out a Microsoft survey online before they can order the bugfix/upgrade. Question 13: Which of the following new Microsoft products do you plan on buying within the next 6 months?
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President Donald Trump told lawmakers he would support a 25-cent increase in the federal gasoline tax to pay for his plan to upgrade U.S. public infrastructure, a congressional aide said. Oregon Representative Peter DeFazio, the top Democrat on the House Transportation and Infrastructure Committee
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Over a period from 2013 through 2015, three leaders of an industry-leading Credit Suisse unit that packages mortgages and other loans into securities for sale to investors had to give back a portion of their 2015 bonuses after the firm realized they had failed to complete required “eLearning modules”
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The investigation is ongoing and active. pic.twitter.com/7Wv93xMl2c. — ATF HQ (@ATFHQ) February 14, 2018. The shooter, who was equipped with a gas mask and smoke grenades, set off a fire alarm to draw students out of classrooms shortly before the day ended at one of the state's largest schools,
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Loan Repayments – During the fourth quarter of 2017, ARI received $653.2 million from loan repayments, including $200.9 million from first mortgage loans and $452.3 million from subordinate loans. In connection with these loan repayments, the Company recorded interest income of approximately
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We recently had a two day conference and dinner at Hotel Fortune Metropolitan Select, Jaipur and had an amazing experience. They have got a nice banquet and Rooftop restaurant – Aqua Grill is really cool and offers a wonderful view. They also have a great customer centric team which ensures the
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Paul Magliano, Weichert Financial is featured in a special section of the March issue of New Jersey Monthly as a 2018 Five Star Mortgage Professional award winner. Five Star Professional partnered with New Jersey Monthly to identify and showcase an exclusive group of mortgage professionals who
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Bitcoin surged as much as 8.7 percent after surpassing $9,000 for the first time since Feb. 2, the day that financial markets worldwide slumped amid concern of rising interesting rates and a return in volatility. The world's largest cryptocurrency had tumbled 70 percent from an all-time high of almost
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Understanding the health of a housing market and its relationship to other top markets requires an aggregated, comprehensive view of the industry. The Housing Tides Index provides a succinct monthly measure of market health across the top 41 U.S. markets. Referencing 18 market indicators ranging
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Mondelez International logo Mondelez International (NASDAQ:MDLZ) has been given a $50.00 price target by stock analysts at Piper Jaffray Companies in a note issued to investors on Thursday, January 18th. The brokerage presently has a “buy” rating on the stock. Piper Jaffray Companies' target
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“It's simply due to the ongoing shortage of housing that continues to plague markets throughout Western Washington.” Measured by months of supply, there were only about 1.5 months overall, well below the 4-to-6 month level many industry experts use as a gauge of a balanced market. The Stanwood
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If you're in the market for a new smartphone, Samsung is hoping to get your vote on Feb. 25, when it unveils its new line of Galaxy S9 handsets. Samsung has remained tight-lipped about its plans for the Galaxy S9 and Galaxy S9+. In an invite to media, the company displayed a large “9” with the caption,
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It's been a few months since Mark Zuckerberg decided that Facebook's new mission would be to “bring people closer together.” The product teams are working hard to respond to his call to produce “meaningful interactions” between users. So far, the results are awkward.
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… we would not be able to take on many discretionary audits and investigations that the OIG believes yield considerable value and return on investment,” Kaplan said. ___. Follow AP environmental writer Michael Biesecker at http://Twitter.com/mbieseck. Before it's here, it's on the Bloomberg Terminal.
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Most other U.S. companies are similarly impacted – but GSEs Fannie Mae and Freddie Mac are unique in that they have been in conservatorship since 2008 and, subject to their bailout agreements, their profits are swept to the U.S. Treasury. Under their senior preferred stock purchase agreements
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Editor's note: This story was originally featured in the February issue of DS News, out now. As we go deeper into 2018, it's safe to say the housing industry is poised for further growth. More first-time homebuyers are reported to be flooding the market and evidence of this is that mortgage applications rose
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CAPT. Harold Dusseau of Perrysburg was sworn in as the 128th grand president of the International Shipmasters Association during the group's annual convention at the Renaissance Toledo Downtown Hotel. He is the 10th northwest Ohio resident to serve as president, convention chairman Rick Brown
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Rep. Tulsi Gabbard voted against legislation that would weaken protections against predatory and unsafe lending practices. H.R. 3299 would make it easier for payday lenders and other financial institutions to get around state laws and raise interest rates on loans that target low-income and minority
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Perry Ellis International logo Perry Ellis International (NASDAQ:PERY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, January 23rd. The firm presently has a $29.00 price objective on the textile maker's stock.
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Guaranteed Rate has hired Cameron Pinpherk, a 12-year mortgage industry veteran, as vice president of mortgage lending. Pinpherk originated more than $77 million in 2017, and is among the top 1% of loan originators in the country. He was named top producer of the year for 2016 by his previous
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Greenville home sales got off to a strong start in 2018. Greenville sales are up 14.9 percent compared with January of last year, with 780 homes sold so far in 2018, according to data from the Greater Greenville Association of Realtors. Home prices are continuing their trend upward. The median price of a
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IRVINE, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Nasdaq:SBRA) (Nasdaq:SBRAP) announced today that Rick Matros, the company's Chairman and Chief Executive Officer, Talya Nevo-Hacohen, the company's Chief Investment Officer, and Michael Costa, the
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Mortgage applications for new home purchases spiked 34% month over month in January and jumped 18.4% on a year-over-year basis, according to Builder Application Survey data released by the Mortgage Bankers Association (MBA). The monthly change does not include any adjustment for typical
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Investors Title Company (ITIC) traded on unusually high volume on Feb. 14, as the stock gained 1.02% to close at $192.94. On the day, Investors Title Company saw 4,906 shares trade hands on 118 trades. Considering that the stock averages only a daily volume of 2,191 shares a day over the last
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Parts of the country are suffering sharp house price falls of more than 10 per cent, and commentators say the downturn could spread. The Real Estate Institute … But Hilary Parker, of Infometrics, said the softness in the market was likely to continue over the next year – and spread. “Affordability constraints
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Blackstone announced Tuesday that President and Chief Operating Officer Tony James will be handing over daily management of the firm to Jon Gray, global head of real estate. The company explained that James will stay at the firm but move into a full-time role as executive vice chairman, and will
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The $385 million refinancing package Hersha Hospitality Trust and Cindat Capital Management secured to roll over debt on a set of seven Manhattan hotels includes an $85 million mezzanine loan from Mack Real Estate Credit Strategies affiliate Claros Mortgage Trust, according to a Securities and
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Getting the right mortgage or remortgage deal can save you £100s each month. Apple is a trademark of Apple Inc. Trulia Real Estate iPhone App. Utilise our free mortgage calculator to quickly determine monthly payments and locate the best mortgage rates available on the market today for remortgages,
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Billionaire Charles Munger said he detests Bitcoin and wouldn't have anything to do with the digital currency. “I never considered for one second having anything to do with it. I detested it the moment it was raised,” Munger said Wednesday at the annual meeting for Daily Journal Corp. in Los Angeles.
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While President Donald Trump disparages Sen. Elizabeth Warren's claims of Native American ancestry by calling her “Pocahontas,” the democrat from Massachusetts is throwing the ball right back. During a speech to the National Congress of American Indians in Washington Wednesday, the
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After five months on the job, Dara Khosrowshahi, Uber's new CEO, gave a world-weary assessment of his tenure that has largely been spent cleaning up a series of problems left by his predecessor, Uber founder Travis Kalanick. “It looked messy and it was messy,” Khosrowshahi said on stage at a
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Hatteras Financial (NYSE: HTS) and New York Mortgage Trust (NASDAQ:NYMT) are both small-cap financials companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations,
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Before he was pushed from office, South African President Jacob Zuma went from fighting apartheid to facing multiple accusations of corruption during a political career that spanned almost six decades. His resignation will bring an end to an ignominious tenure that undermined the nation's democracy
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Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, is pleased to announce the hiring of Doug Lawson as a managing director in the diversified industrials & services investment banking group. Lawson has extensive experience in the packaging, plastics and
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After several days of relative stability in the midst of broader financial market turmoil, stronger-than-expected Valentine's Day inflation report helped push mortgage interest rates to their highest point in almost four years this week. The average prime 30-year fixed mortgage rate quoted on Zillow
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FILE – This Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. Fannie Mae said Wednesday, Feb. 14, 2018, its net worth sank to a negative $3.7 billion after it had to “remeasure” its deferred tax assets to the tune of $9.9 billion as required by the Tax Cuts and Jobs Act, signed
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Now, into that fray wades Texas Capital Bank, a 20-year-old mid-sized financial institution that has primarily focused on commercial banking and private wealth management. The Dallas-based company is opening what it boasts is the neighborhood's first and only retail bank in hopes that it can spur
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Local real estate company Pacific Pro Realty knows buying a home or property can be daunting. “We work with people regardless of whether they're trying to a buy $100,000 property or a $2 million property,” owner Chris LaPointe said. “Our hope here is always, 'Client first.'” Many of the agents LaPointe
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A retired Raleigh banking lawyer is helping to push forward what could be the state's first de novo bank in nine years. Tony Gaeta, a retired Raleigh banking attorney, who served as legal counsel in connection with more than 30 successful de novo bank formations, is assisting a group of business
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A developer wants to build apartments and retail around the Kennan Building, a round office building in Oakland Park that's one of the most recognizable structures along Federal Highway in Broward County. Co-owners Brickbox Oakland Park, an affiliate of Brickbox Development, Round Corner LLC
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Currently, the 14-day ADX for Sirius Real Estate Ld (SRE.L) is sitting at 40.69. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an
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They were invited to compete during Wheel of Fortune's “Sweethearts Week,” which is filmed at Walt Disney World. Fittingly, the trip to Orlando together wasn't their first; they had been to the theme park together as high school sweethearts on a senior trip with Becki's family. The Babcocks had a simple
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Salmonella is showing up in a variety of pet foods, prompting the Food and Drug Administration to issue recalls and safety warnings for dog food products from five different companies since the beginning of February, including Raws For Paws Dog Food, Red Barn Pet Products, and Smokehouse Pet
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Launched in 2006 by Heather and Zach Harrison, the Scarsdale-based firm sold $238.7 million worth of real estate in 2017, according to the Hudson Gateway Multiple Listing System. For the past four years, the company's been on the Inc. 5000 Fastest-Growing Companies in America list. Platinum Drive
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In a letter to European Banking Authority chairperson Andrea Enria, the MEPs that formed part of the PANA committee as well as the delegation on rule of law to Malta said there was leaked evidence and first-hand testimony that place Pilatus Bank “at the centre of illicit financial flows from Malta's
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As a native Texan, I make an effort to stay current on the latest happenings in my home state. And even though the announcement by the Consumer Financial Protection Bureau that it will reconsider new federal rules that would regulate payday lending is national in scope, the nature of the affected
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The Sell recommendation for Lending Club Corp (NYSE:LC) is based on reasoning that considers a ranking in the company's industry group that is in the bottom eighth, a ranking in its sector group that is in the bottom eighth, a quantitative risk/reward calculation that is unattractive, and an analytical
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The issues expressed by Viceroy have been reflected in a letter from Benguela Global Fund Managers to Capitec also raising concerns about Capitec's lending practices. This report presents the results of Viceroy's further investigation into Capitec and a rebuttal of Capitec's responses to Viceroy and
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Builders might want to brace themselves for some good news. The Mortgage Bankers Association is forecast a large jump in new home sales for January. Here's the MBA's Mortgage News Daily: The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January.
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YHB Investment Advisors Inc. grew its position in shares of Honeywell International Inc. (NYSE:HON) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,408 shares of the conglomerate's stock after buying an
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New York, February 14, 2018 — Moody's Investors Service, (“Moody's”) has affirmed the ratings on seven classes in BBCMS Mortgage Trust 2017-C1, Commercial Mortgage Pass-Through Certificates, Series 2017-C1 as follows: Cl. A-1, Affirmed Aaa (sf); previously on Feb 27, 2017 Definitive Rating
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Gulf nations pledged billions of dollars in financial support to help Iraq rebuild after its war to defeat Islamic State, in what may be an effort to counter Iranian influence there. The United Arab Emirates pledged investments of $5.5 billion in the private sector and $500 million for reconstruction, the country's
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Mnuchin told the Senate Finance Committee that a Bloomberg News story Wednesday, which detailed how hedge funds created scores of shell companies to work around the new carried-profit rules, prompted him to instruct administration officials to issue guidance on the subject within two weeks.
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Before you go calling San Francisco real estate a bubble just waiting to pop, take a look at this ranking of housing markets around the world. UBS's 2017 Global Real Estate Bubble Index lists the cities at the greatest risk of having real estate bubbles that could eventually deflate. The index scores come
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President Donald Trump will pitch his infrastructure plan to a dozen Republican and Democratic lawmakers at a White House meeting Wednesday. Trump is seeking to revamp how projects are approved and funded by reducing permitting time to two years and allocating $200 billion over 10 years
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Prospective homebuyers are growing more concerned over rising mortgage interest rates, according to a new survey from Realtor.com. Mortgage rates have climbed to their highest level since Dec. 2016, which is prompting 44 percent of homebuyers polled to look for a less expensive home than they
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“A majority of the country saw an upswing in buyer interest at the end of last year, which ultimately ended up putting even more strain on inventory levels and prices,” said Lawrence Yun, NAR chief economist. “Remarkably, home prices have risen a cumulative 48 percent since 2011, yet during this same
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Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, February 12, 2018 in New York City. Drew Angerer Getty Images. By Lucinda Shen. 12:53 PM EST. Consumer prices rose faster than expected in January, briefly pushing the stock
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Many large companies have had similar profit hits in the fourth quarter thanks to the tax changes, but few are in the same precarious position as Fannie FNMA, -1.61% and its counterpart, Freddie Mac FMCC, -3.37% . In 2012, Congress directed both government-sponsored enterprises to send quarterly
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NEW YORK] US mortgage application activity fell to its lowest in five weeks as interest rates on 30-year fixed-rate home loans jumped to their highest in four years, the Mortgage Bankers Association said on Wednesday. The Washington-based industry group's index on mortgage request volume fell 4.1
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SAN JUAN, Puerto Rico (AP) — Puerto Rico's Housing Department says it will cancel a $133 million deal with a U.S. company hired to repair homes … Puerto Rico Housing Secretary Fernando Gil said Wednesday that he is evaluating other options to avoid interrupting home repairs more than five
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Seeking to beat a government lawsuit challenging their merger, AT&T and Time Warner are considering calling the Justice Department's top antitrust official as a witness, the Wall Street Journal reported on Wednesday. The unprecedented possible move to question Makan Delrahim, who was appointed
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WESTERVILLE, OH (WCMH) — The Tunnel to Towers foundation announced it will be paying off the mortgage for Westerville officer Eric Joering's family. The Stephen Siller Tunnel to Towers Foundation honors the sacrifice of New York City firefighter Stephen Siller, who died on September 11, 2001.
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A federal judge appears likely to enter a forfeiture order of $3.5 billion against convicted felon Scott Tucker of Leawood, Kan., as part of his sentence for his illegal payday lending scheme. A preliminary order entered late Tuesday by U.S. District Court of Southern New York Judge Kevin Castel indicates
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“Ginger is a proven marketing and growth leader with a track record of success in top-performing mortgage, real estate and software companies and is one of the most-connected people in the housing industry,” said Sanjeev Malaney, Capsilon's founder and CEO. “Her expertise in building strong brands
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“As we mark 80 years of serving America's housing market, our focus is on building a strong, stable housing finance system for the future. We are doing this by delivering innovative solutions for our customers and demonstrating leadership on our country's most persistent housing challenges,” he
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Revealing that the company has yet to pay her $2,500 out of the $3,000 cash prize she won by clinching the Miss Bikini pageant, Chua also claimed that Lumiere even tried to strip her of another title from a pageant that was not even organised by themselves. Chua also called out one of the organisers
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LONDON and AUSTIN, Texas and DUBAI, United Arab Emirates, Feb. 14, 2018 (GLOBE NEWSWIRE) — In its efforts to continue pioneering innovative banking solutions, UAE's leading financial institution, Mashreq, announced that it is working with Blue Prism (AIM:PRSM) to increase productivity,
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Mortgage rates surged higher today, moving easily to new 4-year highs. Today's average conventional 30yr fixed rate is roughly one eighth of a percentage point higher than Wednesday of last week and more than half a point higher than the best rates seen in January. A half point increase would cost
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The median number of days it took a property to sell was 46 nationally, five days longer than the same month last year. Nationally, this is the highest number of median days to sell recorded since February 2012, and is well above the national low of 30.8 days in mid-2016. The biggest increases were on
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The award was designed by peta2 to encourage and motivate companies to embrace the vegan way of life and to support animal rights. Birkenstock has been honoured with the title of “Most Vegan-Friendly Shoe Company 2017” and this is the second award the company have received from the animal
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There are a number of economist and real estate professionals who believe the new federal tax plan may adversely impact the San Diego housing market, but there is not much evidence to support that theory. In fact, some predict just the opposite and anticipate another increase in property values in
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“So Based on these information we said why we don't we help these banks who do not have fully the capacities to conduct these surveys to inform their planning purposes. As we all know human beings are the most vital part of every organization and if you do not give them the right incentives, if you do
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Ripple has signed an agreement with the Saudi Arabian Monetary Authority (SAMA) to create a pilot programme to enable local banks to deploy xCurrent for cross-border payments, according to the San Franciso company. This pilot programme is the first of its kind to be launched by a central bank and
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A Columbus startup using the same security technology behind bitcoin to prevent real estate wire fraud has raised $3 million from a coast-to-coast syndicate of investors. SafeChain Financial Inc. is using the round, led by Columbus-based NCT Ventures, to augment sales and technology as it works
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The recently passed Republican tax plan, however, will likely cause a one-time loss for Fannie Mae and Freddie Mac – and a possible suspension of funding for the Housing Trust Fund. Sanders' office has been in close contact with the Federal Housing Finance Agency, urging continued support for the
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Denver, Colorado-based Confluent Development has purchased a prime parcel of vacant land in the Poplar/Interstate 240 corridor. In the deal, Confluent, doing business as CD-HRA (Germantown) LLC, purchased the 3.2-acre property from local company Dunavant Enterprises, doing business as
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TPG Specialty Lending logo Dimension Capital Management LLC trimmed its holdings in shares of TPG Specialty Lending Inc (NYSE:TSLX) by 49.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 339,328 shares of the financial
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Though its effects on neighborhoods and real estate markets aren't universally agreed upon, there's no doubt that Airbnb has provided many-a homeowner with an extra income stream. And if you're a host who's used those earnings to pay off some of your mortgage in the past, a new program is here to
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Weatherford International logo Weatherford International (NYSE:WFT)'s stock had its “buy” rating restated by research analysts at Cowen in a research report issued to clients and investors on Monday, February 5th. They currently have a $6.00 price target on the oil and gas company's stock. Cowen's
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The Canadian real estate market got off to a good start this year with house prices rising in January, as Toronto saw its first gain in six months, according to a bank measurement. The Teranet-National Bank composite house price index, rose 0.3 per cent last month from December and gained 8.7 per
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TACOMA, Wash. – In her 10 years as a real estate agent in the South Sound, Anne Jones has seen some of Tacoma's low points. “I got my license as the market was crashing,” she told Q13 News. But she's also seen some high points – particularly in the past few years. “It's been dramatic,” she said.
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Podcast: Do's and Don'ts of the Mortgage Process. Episode 21. Do's and Don'ts of the Mortgage Process When applying for a mortgage loan, you want the process to be as smooth as possible. There are a number of factors to keep in mind, including some general “do's and don'ts” that you should follow.
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The Richlands town hall was packed with hundreds of residents last night, as town council held a public hearing about a hto-button issue. Should a local business, called Mountain Magic, be allowed to do tarot card readings? The hearing began by the mayor stating, “We will call the public hearing to
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Boris Johnson, U.K. foreign secretary, gestures while delivering a speech in London, U.K., on Wednesday, Feb. 14, 2018. Johnson's big Brexit speech, billed as a overture to alienated supporters of European Union membership, will instead accuse them of trying to “frustrate the will of the people.
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A Gloucester man has been accused of orchestrating a complex real estate scheme that defrauded investors and other clients out of at least $1 million over the past 26 years. Thomas T. Riquier, who lives in Gloucester and is president and an investment adviser agent of The Retirement Financial Center
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SALT LAKE CITY, UT (February 14, 2018) — POPin Video Banking Collaboration, the world's first interactive mobile video banking solution, today announced its adoption by Los Angeles County-based CalCom Federal Credit Union, to enhance its digital services and create more personal connections
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The York County housing market experienced a slight dip in numbers of homes sold and median sale price in January when compared to where it was one year ago. According to The Realtors Association of York & Adams Counties (RAYAC), the dip reflected in the January 2018 statistical report was
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If you are behind on your mortgage, this is when many scammers strike. A local mortgage expert tells Fox 25 Consumer Watch about the realities of refinancing. Brett Baldwin, the branch manager for Gateway Mortgage Group, says no matter what you hear, your credit score will matter. “Any time that you
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South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain potential in interbank clearing and settlement. According to an official statement dated Feb. 13, the South African Reserve Bank (SARB) revealed it has established a fintech program that will prioritize,
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Apple's new HomePod Internet-connected speaker may leave white rings when placed on wooden surfaces that have been stained with certain oil or wax finishes. That's one of the takeaways from two in-depth reviews the HomePad, which went on sale last week for $350. A review by gadget review site
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The government rescued Fannie Mae and sibling Freddie Mac during the housing crisis in 2008 with a combined $187 billion taxpayer bailout. Fannie Mae hasn't taken money from Treasury since 2012, and has made more than $130 billion in dividend payments since 2013, more than repaying its $116
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“Pete is an accomplished executive who can elevate CoreLogic insights and exercise influence on policy, strategy and innovation to support the transformation of the housing finance sectors here in Washington,” Pratt said in a release. “Pete and I will work together to continue to strengthen the voice and
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Christina Lane, a senior mortgage loan officer with Movement Mortgage, was given recognition of being number nine in 2017 production in her region, which includes over 350 loan officers. Ms. Lane said she prides herself on truly taking care of her clients and treating them like family, from the initial
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MUMBAI (Reuters) – India's Punjab National Bank (PNB) said it detected fraudulent transactions at one of its Mumbai branches totalling about US$1.77 billion (S$2.34 billion) and indicated more banks could be impacted by the fraud, sending its shares down by nearly 10 per cent. The latest disclosure
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The case centres on a series of circular billion-euro inter-bank transactions between Anglo and ILP, routed through ILP-owned Irish Life Assurance (ILA). The money was placed back in Anglo and treated as customer deposits, which are considered a better measure of a bank's strength. Mr Drumm
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Olivia Tulley from Christchurch and her partner Josh Papadopoulos are travelling the world on the cheap, and have documented their travels in the video above. While our friends are settling down and racking up mortgages, my partner Josh and I decided to use our combined house deposits to travel the
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Great day, ladies and gentlemen and thank you for joining Blackstone Mortgage Trust Fourth Quarter and Full Year 2017 Investor Call. My name is Latia. I'll be your moderator for today. At this time, all participants are in listen-only mode. Later we will conduct a question-and-answer session. [Operator
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No surprise, then, that this is the fastest growing mortgage finance sector in the UK. It's also one of the most consistent. This will mark the sixth consecutive year of double-digit increases in lending by the sector. As well as larger amounts of borrowing, we've also seen bigger names involved as the range
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BidaskClub upgraded shares of ICF International (NASDAQ:ICFI) from a strong sell rating to a sell rating in a research report released on Saturday morning. ICFI has been the subject of several other reports. ValuEngine raised shares of ICF International from a hold rating to a buy rating in a research
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Honeywell International logo Convergence Investment Partners LLC boosted its stake in shares of Honeywell International Inc. (NYSE:HON) by 40.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,741 shares of the conglomerate's stock after purchasing
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Last week, L.L. Bean announced plans to end its decades-old policy that let customers return products years after they had bought them. Now a Chicago man has sued the retailer for changing that policy. In his complaint, self-described L.L. Bean enthusiast Victor Bondi claims that L.L. Bean's lifetime
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To rent or not to rent is not the question. At least, it is not the complete question. When housing prices escalated in the recent past, some experts recommended prolonged renting to those who couldn't afford to own. Some even wondered if Canada would transform into a nation of renters while others
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PNB has not revealed the names or other details of those involved in the scam. However, in a filing to the bourses the bank has said the transactions were “for the benefit of a few select account holders with their apparent connivance” and that “based on these transactions other banks appear to have
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Holland, 36, works with some of KPMG's largest St. Louis clients, including Fortune 500 and multinational companies, as well as smaller, privately held firms. “I have learned a great deal, obviously, working with such a range of clients,” he said. KPMG does not disclose the names or clients or the dollar
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“Some 31,400 transactions were signed in Kyiv in 2017. This is the highest figure in one region in the whole history of housing sales in Ukraine. This shows that apartments are in demand among the population against the backdrop of the non-functioning banking system, the stock market, investment
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“Another month of modest increases in contract activity is evidence that the housing market has a small trace of momentum at the start of 2018,” said Lawrence Yun, the NAR's chief economist, in a news release. “Jobs are plentiful, wages are finally climbing and the prospect of higher mortgage rates are
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A strong reading in the Consumer Price Index is putting upward pressure on mortgage rates this morning. With rates continuing to move higher, we believe the best option for many borrowers is to lock in a rate soon on a purchase or refinance. It only takes a few minutes to get started, so take action today
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York Traditions Bank's Wellness Program, with the mantra of “Be Well…Learn Well…Do Well”, focuses on the Physical, Educational, and Community aspects of Wellness. Associates have the opportunity to earn Wellness Points as they participate in various Wellness Challenges throughout the year.
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Taking these comments to heart, the CPL took some of the $1,500 raised by the Friends of the Library's Christmas book sale to launch the first phase of their latest lending library on Feb. 10. “These are not your grandma's board games,” said Johnston, noting that while they included classics like Candy
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After rising steadily for four years, real estate prices in and around Dublin and other cities “are now within a year or two of reaching their 2007 peak,” Ronan Lyons, an economist at Trinity College Dublin, wrote in a report about the fourth quarter of 2017, published by Daft, an Irish property search website.
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Looking for branch in Tillsonburg Ontario Canada is here one? – Let TD Helps show you how you can reach your goals.
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Billionaire Charles Munger said he detests Bitcoin and wouldn't have anything to do with the digital currency. “I never considered for one second having anything to do with it. I detested it the moment it was raised,” Munger said Wednesday at the annual meeting for Daily Journal Corp. in Los Angeles.
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MotorSport Vision (MSV), the commercial and media rights holder of the British Superbike Championship (BSB), is delighted to announce a reunited partnership with motorcycle insurance specialist, Bennetts. The new three-year title sponsorship deal will see the company, which has been insuring
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Are you a talented professional who excels at personalized service, enjoys getting involved in your communities and have a desire to work for one of the Best Places to Work on the Central Coast? Montecito Bank & Trust is seeking a motivated and community-focused Senior Residential Mortgage Loan
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Credit unions funded 1.8 million contracts through CU Direct's Lending 360 and CUDL lending platform, generating a record $39 billion in credit union auto paper in 2017, and surpassing the company's record $32 billion dropped into portfolios in 2016. Further reflecting its growing marketplace strength,
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Jeffrey S. Taylor, founding chairman of the National Reverse Mortgage Lenders Association (NRMLA), passed away on Feb. … During the course of his 35-year career in the mortgage profession, Taylor was vice president of the senior products group at Wells Fargo, chairman for the Mortgage Bankers
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The long-vacant building will be converted into a 12-story multifamily property featuring 157 market-rate apartment units and 6,113 square feet of ground-floor retail space. Peter Hausherr, Melissa Maher and Kirsten Carlson of Key's Commercial Mortgage Group arranged the first mortgage financing,
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Two top officials at the main U.S. agency that regulates derivatives are rekindling a fight over how aggressively it should police computer-driven trading strategies that dominate markets. Brian Quintenz, a Republican commissioner at the Commodity Futures Trading Commission, said Wednesday the
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Bloomberg John Kelly. (Bloomberg) — White House Chief of Staff John Kelly is under increasing scrutiny for his handling of domestic violence allegations against a former top presidential aide after the FBI offered an account of events on Tuesday that conflicted with his narrative. FBI Director Christopher
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You are invited to the annual Orofino Chamber of Commerce Auction set for Friday, May 4 at 6 p.m. at the Best Western Lodge at River's Edge. This year's theme will be “Back to the 80's.” There will be many exciting auction items, games, door prize, Heads and Tails silent auction, oral auction, raffle
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Aditya Chakrabortty hears from Hazel Tilley, a long-time resident of the Liverpool neighbourhood of Granby and now chair of its community land trust. She explains how after decades of neglect from local government, the area took matters into its own hands to provide affordable housing. Please support
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Vice president Mike Pence invoked the 200th birthday of abolitionist icon Frederick Douglass on Wednesday to make an erroneous claim about the rate of black unemployment, using outdated numbers. “African-American unemployment — as we sit here on Frederick Douglass's 200th bicentennial of his
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Matthews International logo Matthews International (NASDAQ:MATW) has been given a $92.00 target price by analysts at B. Riley in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. B. Riley's price target suggests a potential upside of 74.41% from the
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The judge overseeing the money-laundering case of former Trump campaign chairman Paul Manafort said there had been too many secret filings in the high-profile criminal prosecution and that she would make several of them public. “People are overdoing it just a little bit,” U.S. District Judge Amy
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“And in this new world that we've entered into, to be a good consumer lender, it's advantageous not to have legacy assets like branches, to have lower costs, and to be able to engage with your client and offer them flexible products digitally, and then to manage that with skills that everybody recognizes
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Broadcom's $8 billion pledge would be the second-highest reverse termination fee among deals tracked by Bloomberg. The biggest was Verizon Communications Inc.'s promise to pay $10 billion to Vodafone Group Plc if it failed to secure financing for a $130 billion buyout of the companies' Verizon
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Peruvian President Pedro Pablo Kuczynski says his Venezuelan counterpart, Nicolas Maduro, is “not welcome” at this year's Summit of the Americas in Lima, amid growing international outcry over the decision to hold snap presidential elections amid a deepening economic and social crisis. Kuczynski
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Prior to joining Dune, Mr. Elbaum was a Managing Director and Head of the North American acquisitions group at Thor Equities, a New York City based real estate company focused on commercial, residential, retail, hotel and mixed-use assets in premier urban locations worldwide from 2005 to 2017.
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Veterans Affairs Secretary David Shulkin speaks about issues regarding the V.A during a luncheon at the National Press Club in 2017. Mark Wilson—Getty Images. By Grace Donnelly. 12:37 PM EST. The Secretary of Veterans Affairs' chief of staff doctored an email and lied about the purpose of his trip
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The annual Global + Luxury Summit brings together hundreds of top-producing agents and executives in the international and luxury real estate sectors from all over the world to discuss the trends and issues that will shape the industry over the coming years. This year's Summit will be held at the historic
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Meanwhile, Puerto Rico Housing Secretary Fernando Gil said in a statement that his agency is evaluating other options to avoid interrupting home repairs more than five months after the Category 4 storm hit. He noted his agency had requested that Puerto Rico justice officials submit the contract to the
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The Joering family's home mortgage will be paid in full after they received help from a New York-based foundation. The Stephen Siller Tunnel to Towers Foundation was established to honor the sacrifice of firefighter Stephen Siller who laid down his life to save others on September 11, 2001. Today, the
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Digital-assets exchange Coinbase Inc. is releasing a service for merchants to accept Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments, and deposit them into their own digital wallets, according to a blog post by the San Francisco-based company. The setup requires just an email address and a
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Vanguard Group Inc. boosted its stake in shares of International Business Machines by 3.7% in the second quarter. Vanguard Group Inc. now owns 62,228,040 shares of the technology company's stock valued at $9,572,538,000 after buying an additional 2,241,818 shares in the last quarter. BlackRock
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Abstract. We show that a contraction of mortgage supply after the Great Recession has increased housing rents. Our empirical strategy exploits heterogeneity in.
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13, that Orange County can't remove them from a riverbed bike trail without adequate housing options. Officials say they've offered …. The sides agreed that social workers would help the homeless find longer-term housing after the initial relocation, which will take place in a week. During Tuesday's
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The 32-year-old told The Sun: “I was working in retail banking, it was a very secure job and I was making £32,000 a year. “But I am ambitious and I always had this dream of launching my own business. This time failure actually gave me a push. “When I went for a promotion and I didn't get the job, I knew
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Although Houston's single-family home sales and median sales price increased year over year in January, sales in the luxury market were down for the third month in a row. Sales of single-family homes totaled 4,469 last month, up 8.9 percent from January 2017, the Houston Association of Realtors
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There are too many business owners who have a proven model that's making money, but who feel forced to dilute and choose equity finance because traditional bank finance isn't fast or flexible enough. While in discussions with the PRA, Khosla was often told that innovation within commercial banking
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Prairie Village, KS, February 14, 2018 –(PR.com)– Nations Lending Services, Inc. (NLS) part of the Nations Companies and a provider of Nationwide Title and Settlement Services, today announced enhancements to their integration in Ellie Mae's Encompass® all-in-one mortgage management solution.
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NEW YORK, Feb. 14, 2018 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Nationstar Mortgage Holdings Inc. (“NSM” or the “Company”) (NYSE: NSM) in connection with the proposed acquisition of the Company
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Our Non-Agency MBS were either issued before 2008 or were recently issued and are collateralized by currently non-performing residential mortgage loans that were originated before 2008. The following tables summarize the Company's Non-Agency MBS at December 31, 2017 and September 30,
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Capsilon, the leading partner for delivering a cloud-based end-to-end digital mortgage solution, announced today that it has tapped Ginger Wilcox as SVP Marketing, where she will be responsible for leading marketing, brand positioning and growth for all Capsilon products. A startup veteran and
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Analysts expect TPG Specialty Lending, Inc. (NYSE:TSLX) to report $0.44 EPS on February, 28.They anticipate $0.03 EPS change or 6.38 % from last quarter's $0.47 EPS. TSLX's profit would be $26.50 million giving it 10.47 P/E if the $0.44 EPS is correct. After having $0.51 EPS previously, TPG
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NEW YORK–(Business Wire)–TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) announced today the closing of TRTX 2018-FL1, a $932.4 million collateralized loan obligation (“CLO”). The CLO financed 26 existing TRTX first mortgage loan investments, comprising 25 pari passu participation
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For more than four years, Vornado Realty Trust has been working hard to shed suburban retail and Washington, D.C., office properties worth billions of dollars in hopes that equity investors would like the company more as a simple New York City commercial landlord. So far the strategy hasn't panned
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“The Swedish banking sector is profitable and has satisfactory resilience, but it is clearly undergoing a major transformation,” said Martin Noréus in a speech at SvD Bank Summit in Stockholm. “FI is fundamentally positive about the technical development that is occurring in the financial sector and its
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Following careful review of this application by our International Bureau's excellent satellite engineering experts, I have asked my colleagues to join me in supporting this application and moving to unleash the power of satellite constellations to provide high-speed Internet to rural Americans. If adopted, it
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SunTrust has a career opportunity for a Metro Business Banking Relationship Manager in Atlanta, GA.
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Jason S. and Lori A. Fulkerson to Jason S. and Lori A. Fulkerson. Property in Springfield Township; $0. • Steven C. Fulkerson, executor of the estate of Loretta A. Fulkerson, to Steven C. and Michele D. Fulkerson, Chesapeake, Va., Lot 2 of the Final Lot 2 and 3 Richard L. and Loretta A. Fulkerson estate
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The asset-backed securities market has expanded since 2008, with new types of securitization including marketplace lending; The marketplace lending industry offers a yield advantage for investors who can exploit inefficiencies in this new and growing market; Looking beyond the standard lineup of
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The head of the North Atlantic Treaty Organization hailed its first annual review of members' defense-spending plans amid persistent U.S. calls for European allies to foot more of the collective security bill. NATO Secretary General Jens Stoltenberg said the initial batch of national military-expenditure
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A similar test by Bloomberg News didn't leave rings. Other surfaces like glass aren't affected. Apple's HomePod sounds excellent, but its can feel limited next to other smart speakers—Oh, and also it leaves white rings on wood surfaces. https://t.co/7UhQDmKnYK pic.twitter.com/rQJQoLAGzM.
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New Jersey Governor Phil Murphy has named Marlene Caride acting commissioner of the New Jersey Department of Banking and Insurance (DOBI), effective January 16, 2018. In this new role, Caride oversees New Jersey's insurance, banking and real estate industries. She succeeds former
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After Idaho's Republican governor promised to find creative ways to get around Obamacare, one health plan in the state plans to offer skimpy coverage that may violate many of the law's protections for patients. Blue Cross of Idaho said Wednesday that it will offer insurance plans that don't comply with
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“When buying a travel insurance policy, the key things you need to make sure are covered properly are cancellation, medical expenses and repatriation, curtailment (cutting short your trip) and personal possessions,” she advices potential Romeos and Juliets (without the untimely deaths, obviously).
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JLM Mortgages Services Network is looking to add protection to its online virtual adviser and launch an app to track mortgages. In January JLM launched a so-called 'virtual adviser', giving customers seeking residential or buy-to-let mortgage advice the opportunity to start their journey online. Users can
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On a seasonally-adjusted basis, mortgage applications fell by 4.1% from one week earlier, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending Feburary 9th, 2018. On an unadjusted basis, the Market Composite Index measure of mortgage loan
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Donald and Melania Trump attend the traditional Bastille day military parade in Paris on July 14, 2017. Source: Chesnot/French Select via Getty Images. Washington (AP) — The White House budget director says a military parade envisioned by President Donald Trump could cost between $10 million
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A federally owned utility's purchase of corporate jets and a luxury helicopter once used by Dallas Cowboys owner Jerry Jones has prompted a review by government auditors and calls for the chief executive officer's resignation. The more than $35 million in purchases by the Tennessee Valley Authority
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Hensarling also called for Fannie to cease its contributions to affordable housing trust funds. In 2014, Obama-appointed Federal Housing Finance Agency director Mel Watt allowed Fannie Mae and Freddie Mac to begin contributing to the funds, which conservatives have criticized as slush funds for
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A top White House energy adviser said he resigned after being told he wouldn't receive a permanent security clearance, amid intensifying scrutiny of administration officials only temporarily authorized to review classified information. George David Banks served on the National Economic Council as a
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The chairman of the House's main investigative committee ramped up pressure on White House chief of staff John Kelly with a letter seeking answers on who knew about spouse abuse allegations against a former top White House aide and when they knew it. House Oversight Committee Chairman Trey
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Vice President Mike Pence after meeting with senators during the weekly Republican caucus policy luncheon at the U.S. Capitol in Washington, Sept. 19, 2017. Jonathan Ernst—Reuters. By Bloomberg. 3:07 PM EST. Vice president Mike Pence invoked the 200th birthday of abolitionist icon Frederick
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UMB Bank hired a 29-year veteran of agricultural lending to boost a growing operation in Kansas City. Wayne Lewis was hired … UMB was ranked by the American Bankers Association as the 22nd-largest farm lender in the nation in 2017, with $694.17 million in farm loans as of the third quarter of 2017.
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description. Provides a variety of staff support services for an assigned group or manager to relieve manager of administrative detail. Collects and analyzes data, maintains records and databases, and prepares specialized reports using a variety of PC based software. Processes confidential information
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Frank Siller made a major announcement Wednesday in Westerville, saying that the Tunnel to Towers program is taking care of the mortgage of the family of fallen Officer Eric Joering. The mission of the Stephen Siller Tunnel to Towers Foundation, established by firefighter Stephen's Siller's family after
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14, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, today announced that Bill Newlands has been promoted to president and chief operating officer (COO). Rob Sands, who previously held the title of president and chief
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Soured loans, which include non-performing, restructured or rolled-over loans, reached a record high of Rs 9.5 trillion ($148 billion) in the middle of last year before dipping slightly and prompting some relief among bankers that the worst was over. State-run lenders account for the bulk of these loans.
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Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry-leading real estate services company with a global brand operating in 69 …. commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions; trends in pricing and risk
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Join Equifax on Thursday, February 22, 2018 at 2:30 PM ET for a free and informative webinar focusing on the Military Lending Act (MLA), what it means for pawnbrokers, and how Equifax can help. The Military Lending Act (MLA) provides a safe harbor to pawnbrokers if they verify “covered borrower”
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Lunar New Year, which kicks off the Year of the Dog on Feb. 16, is celebrated by a host of Asian cultures that traditionally follow a lunar calendar. The holiday is a time for families to gather and look forward to an auspicious and prosperous year. Operators recognize the importance of the celebration and
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As panic gripped stock market investors during a bearish dip in fortunes last week, one opportunistic trader made a nearly $400 million profit by betting on its upturn. The trader is known by the name '50 cent,' due to his small market buy-ins, some as low as half a dollar, on the Cboe Volatility Index,
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The Taj Mahal was built as a love letter. Commissioned by the Mughal Emperor Shah Jahan in 1631 to honor his teenage bride, who had died in childbirth, its construction involved the work of 22,000 laborers and a thousand elephants. The Indian monument still stands as perhaps the world's greatest
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Spit Thrice For Good Fortune. By Evan Gershkovich. I used to laugh at my mother's Russian rituals, but now, I see them as a reminder of a home I'm in danger of forgetting.
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CLEVELAND, Ohio — The housing market started off 2018 on slightly softer footing, with sales down 1.5 percent from a year before across Northeast Ohio. Buyers in the region purchased 2,603 houses and condos last month, a difference of 39 transactions from January of 2017, according to the Northern
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As Fortune's The Ledger explained in its Q&A on taxes, Americans who sold cryptocurrency last year—or even converted one type of digital currency into another—must pay the IRS the taxes they owe on any gains. As with stock sales, the amount owed depends on how long the currency is held.
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An examination of the files for the closing of the property for the sisters in 1996 showed the title insurance policy and the title report prepared by the title insurance company for the sisters before they bought, disclosed the same covenants. The sisters “are vigorously defending their religious rights,” said
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Vehicles are becoming more dependable than ever, a J.D. Power study found with brands Lexus, Porsche, and Buick earning the best scores. Meanwhile, Chrysler was ranked the least dependable brand. Land Rover, Fiat, Jeep, and Cadillac rounded out the bottom five. The J.D. Power 2018 U.S.
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An out-of-town real-estate company hoped to make a big splash ahead of its launch in Seattle on Wednesday, so it put cutouts of little green pigs all over the region. The plan was to create buzz and online searches that would lead people to discover the firm. So early Tuesday, its street team scattered
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Invesco Mortgage Capital (NYSE: IVR) and Five Oaks Investment (NYSE:OAKS) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, dividends, institutional ownership, risk, earnings and
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The mortgage finance provider had net revenues of $5.5 billion in the previous quarter, but it has been required to send quarterly profits to the U.S. Treasury since 2012, along with its counterpart Freddie Mac. That means Fannie Mae had no capital by the end of last year. “It has been a great policy
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In recent years, many states have put in place tough laws to stop abusive lending, but payday predators have continued using online lending to prey on consumers. Internet lenders hide behind layers of anonymously registered websites and “lead generators” to evade enforcement. Even when the
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The City of Alexandria has issued assessments for all real property, reflecting the second lowest increase in citywide property values in the last eight years. The overall value of Alexandria's tax base increased just 2.34% compared to January 2017, although each individual property's value may have
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Jeffrey Taylor, a former Wells Fargo reverse mortgage executive and founder of Wendover Funding, has died following a battle with cancer, according to a funeral home notice online. He was 75. Taylor founded Wendover in his living room in 1986 after working in various mortgage and other consumer
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Cloud Lending Solutions, a provider of cloud-based commercial lending and leasing software, upgraded its front-to-end lending platform with the release of Lynx. The upgrade will support clients using CL Loan, CL Lease, CL Originate, CL Collections, CL Marketplace and CL Portal. The Cloud Lending
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Rising rates, largely tied to the stock market turmoil, took their toll on mortgage application volume during the past week. The market composite index, a measure of mortgage loan application volume, decreased 4.1% on a seasonally adjusted basis from one week earlier, according to the Mortgage
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