Kolkata: Trinamool Congress MP Saugata Roy said on Tuesday that lending in the infrastructure sector could be impacted by the recent cases of bank fraud. “A robust and efficient banking system is imperative for the growth of the infrastructure sector which will in turn fuel economic growth of the country
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The Home Depo on Tuesday reported earnings that were buoyed by a booming housing market and strong economy, a macro environment that executives and analysts believe is likely to provide a tailwind for the company for some time. Net income in the fourth quarter was $1.78 billion, up 2% from the
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Listings on Autotrader.com, a used-car website, are currently priced as high as $75,000. Others are trying to sell their $1,000 reservation on Craigslist.com for triple that amount, although Tesla says it reserves the right to approve the transfer of reservations. Big Green, the charity that stands to indirectly
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GRAND RAPIDS, Mich. (WOOD) â Are you in the market for a new home? Maybe you're buying for the first time, or looking to upsize or downsize, there's a lot that goes into the purchase of a home. Today we have Scott Dobson from Consumers Credit Union here to talk about mortgage options.
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The GSEs don't originate loans, but purchase mortgages from lenders and then securitize them. Because of their size, the GSE new-funding data can be a good indicator of general mortgage trends. At the start of the year, analysts predicted a sharp drop in refinances for all loan products, which would be
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Expressing angst about the lack of ethics in Indian businesses, Finance Minister Arun Jaitley on Tuesday questioned the functioning of public sector banks and the role of their management and auditors. Hinting at the fraud engulfing country's second largest public sector lender Punjab National Bank
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Barclays upped their target price on International Paper from $52.00 to $55.00 and gave the company an âunderweightâ rating in a report on Monday, February 12th. DA Davidson upped their target price on International Paper to $74.00 and gave the company a âbuyâ rating in a report on Friday, February
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As regulator and conservator of the GSEs, Mel Watt, the director of the FHFA, has a decision to make. He could open the GSEs' credit score requirements to include other, more predictive and more inclusive credit scoring modelsâ broadening access to mainstream mortgage financing without lowering
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South Africa's currency reached a three-year high after Cyril Ramaphosa was sworn in as head of state on Feb. 15, fueling optimism among investors that management of South Africa's economy will improve. Benchmark bond yields fell to levels last seen in 2013, while stocks had their best week in more
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The stock slid $1.39 to $31.88. HOUSING BOOST: Home Depot rose after its latest quarterly results beat analyst estimates. The home-improvement giant benefited from strong demand for its wares amid a robust housing market and ongoing hurricane recovery work in the Southeast and Puerto Rico.
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This money will go to public housing authorities, public housing resident associations, Native American tribes and nonprofit organizations across the U.S. It will help these organizations hire or retain service coordinators who help residents find jobs, educational opportunities and help residents achieve
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That uncertainty surrounding Mexico's upcoming presidential election â which is still months away â has contributed to an increase in overall real estate investments into South Florida, industry experts say. More is likely to come. Any major political race in Latin America typically leads to a flurry of deals
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According to its statement, Danone's third-party-verified ESG performance will be âdirectly impacting, upwards or downwards, the margin payable to the banks over the entire duration of the facility.â This may be the first time a company's cost of capital has been explicitly tied to its third-party-verified ESG
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OxFORD Asset Management LLP increased its position in Anixter International by 1.5% during the 2nd quarter. OxFORD Asset Management LLP now owns 4,604 shares of the technology company's stock valued at $360,000 after buying an additional 68 shares in the last quarter. Zurcher Kantonalbank
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GRAND RAPIDS, MI (February 20, 2018) â Lake Michigan Credit Union (LMCU) is pleased to welcome Mark Gelbman as a loan originator at its Troy, Michigan location. Gelbman majored in finance at the Walsh College of Accountancy and Business Administration, and graduated in 1987 with a
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For some time now, tight supplies have threatened to derail the housing recovery. In December 2017, existing home sales came in at 5.57 million units, below most estimates, primarily due to a preexisting shortage in inventories. The resultant increase in housing prices and a spike in mortgage prices
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Independent Advisor Alliance lifted its stake in shares of Philip Morris International Inc. (NYSE:PM) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,294 shares of the company's stock after purchasing an
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While global geopolitical uncertainty is worrying players in the low and mid-range sectors of the American real estate market, a new report suggests demand for luxury properties is booming and gaining ground from a surprising source: younger buyers. Last month, Luxury Portfolio International released
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Based on management's projections, New York Mortgage Trust analysts model for earnings of 15 cents per share on sales of $22 million. Revenue would be have grown 48.51 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past
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NAREE's prestigious journalism competition is open to reporters, columnists, editors and freelancers covering commercial and residential real estate, mortgage finance, sustainable development and related fields of real estate, including home building and design. Winners will be announced at NAREE's
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