Lending Club (LC) PT Lowered to $4.25 at Stifel on 4Q Report; 'Mixed Qtr as EBITDA Beats …

Lending Club (LC) PT Lowered to $4.25 at Stifel on 4Q Report; 'Mixed Qtr as EBITDA Beats …

Stifel lowered its price target on Lending Club (NYSE: LC) to $4.25 (from $4.50) while maintaining a Hold rating, following the company's fourth quarter earnings report. Analyst John Davis notes a reduced price target on the shares, as LC reported fourth quarter earnings per share and revenues below
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Post-New Tax Law Changes, Some Pessimistic about the US Housing Market's Future

Despite the rosy outlook for home prices over the next few years, homes today are less valuable than they would be if the recession had not happened. If the housing bubble and bust had not happened, and home values had instead appreciated at a steady pace the median home value would be about
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Veteran stuck during dock flap

Waterman said IDL first became aware of the dock issues when a title company representing Borlase contacted IDL, asking whether a permit for the dock existed. “After gathering past records on the property, we discovered the dock on his property was never permitted and had been altered after 1974
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The lending balancing act in digital banking

Generally speaking, lenders want their customers to borrow. In fact, they need them to. They are, after all, in the business of lending, and if nobody is borrowing, they'll soon go out of business. … In the new world of digital banking, the want (/the need?) to lend is a source of great embarrassment. Credit is
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Pratt May Have Found Temporary Fix for Airbus A320 Engine Issue

Pratt & Whitney has proposed dropping an engine modification that grounded almost a dozen Airbus SE A320neo jets as it works to fix the latest glitch plaguing the program, according to people familiar with the plan. The move involves replacing a new engine seal with an older one scrapped amid
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Ramaphosa Takes Tax Gamble as South Africa Targets Debt, Ratings

South Africa's ruling party took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilize debt and prevent a third junk credit rating. The value-added tax rate will be raised to 15 percent from 14 percent, the first time since the end of
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Nobody Wants to Let Google Win the War for Maps All Over Again

Self-driving cars need painfully detailed data on every inch of street. Can automakers solve the problem without the reigning superpower of maps? Source: Mapbox. By. Mark Bergen. @mhbergen More stories by Mark Bergen. February 21, 2018, 2:00 AM PST. From. On any given day, there could be a
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Mortgage Loan Rates Increased Again Last Week, Applications Slide

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 6.6% in the group's seasonally adjusted composite index for the week ending February 16. Mortgage loan rates rose again last week on four of five loan types that
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East Boston CDC Receives Loan to Keep 111 Units of Affordable Housing

According to MassHousing, the over $10 million financing will resolve the expiring affordability restrictions from the state backed Section 13A mortgage on the 96 East Boston Rehab units. The Section 13A program was created by the Massachusetts Legislature in the 1970s to provide low-interest
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Greystone Closes Over 1000 Freddie Mac Small Balance Loans

Since its launch in late 2014, Freddie Mac's SBL offering has funded a total of more than $13 billion and over 5,000 loans. Greystone was … Freddie Mac's Small Balance Loan offering provides a competitive option for loans between $1 million and $7.5 million on multifamily properties of 5 units or more.
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How to shop for a mortgage: Don't be intimidated into paying too much

Many homebuyers find mortgages to be intimidating and uncomfortable. After all, when you shop for a mortgage, you compare numbers you're probably not used to looking at. And when you apply, you submit your most private information to strangers, who will judge your fitness for homeownership.
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Get the best deal on your first home in these cities

The number of buyers financing with an FHA mortgage: Buyers using an FHA mortgage sometimes put as little as 3% down. This and other FHA benefits increase the likelihood of being approved. Percentage of buyers with less than prime credit (below 680): Since first-time homebuyers might have a
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Orthofix International NV (OFIX) Given Average Rating of “Buy” by Brokerages

Orthofix International logo Orthofix International N.V. (NASDAQ:OFIX) has been assigned an average recommendation of “Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued
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5 Mutual Funds to Ride On a Booming Housing Market

The outlook for the real estate sector is positive on the back of upbeat new construction data and encouraging homebuilder sentiment. New residential construction rose in January after housing starts reached the highest level in more than a year. Additionally, building permits reached its best levels in
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The Finance 202: Senate Republicans not on board with Trump's protectionist agenda

SCOTUS stiff-arms Fannie, Freddie investors. Reuters's Lawrence Hurley: “The U.S. Supreme Court on Tuesday declined to revive litigation in which shareholders accused the federal government of overstepping its authority when it restructured mortgage finance firms Fannie Mae and Freddie Mac
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Biglari Capital Holding in Investors Title Co (ITIC) Has Trimmed as Valuation Rose; As Teleflex …

Massachusetts Financial Services Company decreased its stake in Teleflex Inc (TFX) by 21.37% based on its latest 2017Q3 regulatory filing with the SEC. Massachusetts Financial Services Company sold 45,824 shares as the company's stock rose 9.27% with the market. The institutional investor held
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The Morning Ledger: Judge Denies AT&T Access to US Government Discussions on Time Warner

Supreme Court declines to wade into fight over Fannie, Freddie profits. The U.S. Supreme Court on Tuesday declined to intervene in a fight over the government's handling of mortgage-finance giants Fannie Mae and Freddie Mac, a setback for investors seeking gains from the firms' return to profitability.
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Freddie Mac 5.7 Pfd (FMCKP) Stochastic Momentum Index Reaches Key Pivot Point

The Stochastic Momentum Index (SMI) for Freddie Mac 5.7 Pfd (FMCKP) has dipped below -40, reaching key levels. The most common method of using SMI is to look for buy trades when the SMI falls under -40 and then rises back above through -40. Sell trades are looked for when the SMI rises above
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Real Estate Board Begins Consultations Feb. 21

Photo: Mark Bell A Gated Community in Kingston. The Real Estate Board/Commission of Strata Corporations (REB/CSC) will be hosting a series of public consultations to address common concerns towards drafting of the gated communities legislation, starting on Wednesday, February 21 at the Golf
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Less Than 2 Percent Of UK SMBs Sought A Loan Last Year

Lending to small businesses (SMBs) among top U.K. banks failed to grow last year, according to new data from the British Business Bank, which found evidence SMBs are turning to other sources of financing. “There is evidence that small businesses are exercising more choice,” said Keith Morgan,
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Inside the Fed's January Meeting: The Annotated Minutes

Inside the Fed's January Meeting: The Annotated Minutes

In January, the Federal Reserve emphasized that monetary policy continuity would endure even as Chair Janet Yellen's term came to a close. The Fed unanimously voted to keep the rate target unchanged at a range of 125 to 150 basis points and signaled that “further gradual increases” would likely be
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Commercial (SME) Lending

A large commercial bank is looking for complaints handlers to work on a large project tasked with reviewing complex financial complaints in order to assist senior members in recommending outcomes and potential remediations and outcomes. Required Experience & Skill-set: Significant lending and
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Government aware of homeowners' PTSB planned mortgage sale concerns – minister

Fianna Fail finance spokesman Michael McGrath said any organisation that owns a loan, be it a mortgage, farm loan or SME loan, should be properly regulated and accountable. “It is not a tenable position that the organisation controlling your loan and making all the important decisions concerning it,
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Sandy Spring Bank Reduces Position in Science Applications International Corp (SAIC)

State Street Corp grew its position in shares of Science Applications International by 4.8% during the 2nd quarter. State Street Corp now owns 1,503,586 shares of the information technology services provider's stock worth $104,381,000 after buying an additional 69,187 shares during the period. Bank of
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Is Buying Acorn International, Inc. (ATV) Here a Winning Strategy? The Stock Formed Bullish …

The chart of Acorn International, Inc. (ATV) shows a double top with $21.50 target or 6.00 % above today's $20.28 share price. The 8 months chart pattern indicates low risk for the $54.38 million company. It was reported on Feb, 21 by Finviz.com. If the $21.50 price target is reached, the company will be
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Uber Just Launched a New Option With Its Cheapest Fares Yet

“Three of the fundamental things about how buses work is they have fixed pickup and drop-off spots, a fixed route and a fixed time schedule that they're operating on. Everything about the Express Pool product is dynamic.” Fortune has reached out to Uber for comment and will update this story when the
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UK Wages Pick Up as Fewer Eastern EU Workers Fill Jobs

U.K. pay is picking up after employment among citizens of the eastern countries that joined the European Union more than a decade ago fell for the first time since 2009. Average weekly earnings excluding bonuses rose 2.5 percent in the fourth quarter from a year earlier, the most since December 2016,
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Taco Bell Overtakes Burger King as the Fourth-Largest US Chain

Lovers of chalupas and crunch wraps have spoken: Taco Bell is now bigger than Burger King. The Mexican-themed chain eclipsed its burger rival in U.S. sales last year, becoming the fourth-largest domestic restaurant brand, according to a preliminary report by research firm Technomic. McDonald's
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Citigroup Increases Baxter International (NYSE:BAX) Price Target to $70.00

Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Baxter International from a “buy” rating to a “hold” rating in a research report on Monday, October 16th. Cowen set a $68.00 price target on shares of Baxter International and gave the stock a
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Lloyds Banking profit jumps to $7.4 bln but misses estimates

LONDON, Feb 21 (Reuters) – Lloyds Banking Group reported its highest pre-tax profit since 2006 on Wednesday and announced a share buy-back of up to one billion pounds and 3 billion pounds of strategic investment over the next three years. The 24 percent rise in profit to 5.3 billion pounds ($7.4
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BGL Real Estate Partners Announces the Sale of Mississippi Coast Endoscopy & Ambulatory …

CHICAGO, Feb. 21, 2018 /PRNewswire/ — BGL Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the real estate sale of Mississippi Coast Endoscopy & Ambulatory Surgery Center and Meridian Surgery Center, which combined, total
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Lloyds Banking Group profit hits record 5.3 billion pounds but misses estimates

The 24 percent rise in profit to 5.3 billion pounds beat last year's record of 4.2 billion but fell short of the 5.73 billion expected by analysts in a poll provided by the bank. Chief Executive Antonio Horta-Osorio said 2017 had been a “landmark year” for the group, which returned to full private ownership for
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Race for Stable Cryptos Heats Up as Volatility and Demand Surge

It's the Holy Grail of cryptocurrencies — an asset with all the benefits of decentralization but none of the volatility. Tether, which claims to be pegged one-to-one to the dollar, is the most prominent among so-called stable coins. It's also the most controversial, with U.S. regulators and investors trying to sort
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Trustcore Financial Services LLC Takes $236000 Position in Vanguard Total International Stock …

Janney Montgomery Scott LLC boosted its stake in Vanguard Total International Stock ETF by 0.7% during the third quarter. Janney Montgomery Scott LLC now owns 151,165 shares of the company's stock valued at $8,273,000 after buying an additional 1,036 shares during the last quarter. Bronfman
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As Stock Jitters Recede, Focus Shifts to Surging Company Profits

Earnings for the most recent quarter at Japan's Nikkei 225 Stock Average companies beat analyst estimates by 50 percent in aggregate, with 118 reporting positive surprises and 62 negative, according to data compiled by Bloomberg. Overall earnings per share growth was 51 percent, led by a more
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West Island Living: Monthly meetup offers tips for real estate investors

Meetings typically include a real estate market update, along with guest speakers to share information about topics like mortgages, accounting, legal issues, property management, and more. The group's next meeting, on March 14, will include a presentation from a property manager who specializes in
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BitConnect's Trevon James Has a Fortune on Steemit

BitConnect's Trevon James Has a Fortune on Steemit. One of the BitConnect flamboyant promoters, Trevon James, has a hefty wallet on the Steemit social network platform. author by Christine Masters , 21 February. Subscribe. articleStartImage. Trevon James, one of the most famous promoters of the
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As a kid in NC, she 'couldn't Google gay stuff.' On TV, she's out — and a rising star.

Fortune Feimster is wearing a pretty blue cardigan, bright red lipstick and dangly earrings, and she's doing her best to pretend she's not a lesbian. It's a scene from Mindy Kaling's forthcoming NBC sitcom “Champions,” which centers around a gym owner who has just found out he has a long-lost teenage
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Idaho expected to join multistate banking compact

“I anticipate we will be joining this group in the near future,” said Jim Burns, securities bureau chief at the Department of Finance, the banking regulatory department for the state of Idaho. “The Idaho Department of Finance is always looking for ways to streamline processes since they most often benefit
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Turkey Signals Readiness for Talks to Avoid Clash With Syria

Turkey signaled it's ready for communication with Syria as Russia sought to avert a direct military clash between the two countries over a Kurdish-held enclave. Turkish intelligence officials “may establish direct or indirect contact when it is required to solve certain problems under extraordinary conditions
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Sinclair to Sell, But Still Run, New York and Chicago Stations

Sinclair to Sell, But Still Run, New York and Chicago Stations

Sinclair Broadcast Group Inc. said it would sell TV stations in New York and Chicago to help get regulators' approval to buy Tribune Media Co. — but the broadcaster also said it would still operate the properties that are crown jewels of the $3.9 billion proposed acquisition. Selling New York's WPIX and
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Ripple Adds Top Latin America Bank to Its Cash-Transfer Network

Ripple, the San Francisco-based venture looking to rewire financial firms with Bitcoin's underlying technology, said Latin America's biggest bank by market value is among five new customers joining its international money-transfer network. Brazil's Itau Unibanco Holding SA, India's IndusInd Bank Ltd.
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The Right Time for Real Estate ETFs

Real estate stocks, including real estate investment trusts (REITs) and the related exchange traded funds, are viewed as rate-sensitive assets. … Facility REITs and Manufactured Home REITs,” said Martin Kremenstein, Head of NuShares, Nuveen's ETF business, said in an interview with ETF Trends.
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January existing-home sales dropped 3.2%

REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE. Existing-home sales decreased 3.2 percent to a seasonally adjusted annual rate (SAAR) of 5.38 million in January — dipping from a downwardly revised 5.56 in December 2017,
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Existing-Home Sales Suffer Biggest Annual Drop In 3 Years — Before Mortgage Rates Jumped

16, following a 6% drop in the prior week, the Mortgage Bankers Association said. Overall mortgage applications slid 6.6%. The average 30-year fixed-rate mortgage rose 7 basis points to 4.64%, the highest since January 2014. Year-over-year, purchase loan applications rose 3%, down a percentage
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Global Opportunities in the Private Banking Industry

Private banking involves offering financial and banking services to high net worth (HNW) and ultra-high net worth (UHNW) clients. These are clients with investable assets over $1 million and $30 million, respectively, who typically form a deep, long-lasting partnership with their relationship manager
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On real estate trip, Donald Trump Jr. says he likes India's poor people because they 'smile'

Donald Trump Jr., the president's eldest son, is in India this week to promote his family's real estate empire and more than $1 billion USD worth of luxury Trump Tower projects in four cities, but he still had time to praise India's poor for their smiles. “I don't want to be glib but you can see the poorest of the
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Can I change my coins?

I have a lot of coins home and I want to change them to bills – Let TD Helps show you how you can reach your goals.
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Canadian pension fund Caisse aims to double Indian real estate investments

MONTREAL, Feb 21 (Reuters) – The real estate arm of Canada's second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) it has already committed to investments in India in the short term, President Daniel Fournier told Reuters on Wednesday. Ivanhoe
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Existing home sales see largest decline in more than three years

Total housing inventory at the end of January increased 4.1% to 1.52 million existing homes available for sale, however, this is still down 9.5% from the year before, and has fallen annually for 32 consecutive months. Unsold inventory now stands at a 3.4-month supply at the current sales pace, down
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Portola Reporter Public Notices for the week of 2/21/18

Notice is hereby given to the Creditors of Bert Johnson and Lyndi Frost Johnson, Sellers, whose business address is P.O. Box 1849, Graeagle, CA 96103, County of Plumas, that a bulk sale is about to be made to Dennis W. Keck and Debra L. Keck, Buyers, whose business address is 10250 Bounder
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Improving the economics of small business lending

U.S. small business lending is big business, but community banks in recent years have given up market share on this segment as they focus on more profitable lending areas. However, community institutions can reclaim their relationship with small business borrowers and increase earnings through
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Northern Initiatives using common sense in lending

… dealings are reduced to spreadsheets with numbers while the quality of the idea — and the person behind it — takes a back seat. While we don't necessarily advocate throwing out the spreadsheets entirely, layering in some of what West does at NI might make sense for the lenders that currently aren't
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Bipartisan opportunity to right size federal student lending

Ensuring access to higher education is an important and worthy mission. Unfortunately, the federal loan program does not consider a student's or parent's ability to repay their debt. Not only is it damaging to a consumer's budget to lend more than one can reasonably afford, but this federal over-lending is
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FTE Awarded $27.5 Million in Contracts by Two Multi-National Fortune 500 Companies

NAPLES, Fla., Feb. 21, 2018 (GLOBE NEWSWIRE) — FTE Networks, Inc. (NYSE American:FTNW) (“FTE” or the “Company”), a leading provider of innovative technology-oriented solutions for smart platforms, network infrastructure and intelligent buildings, today announced that it has been awarded two
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Richard Ernst Konzmann Purchases 1500 Shares of Arlington Asset Investment Corp (NYSE:AI …

Arlington Asset Investment logo Arlington Asset Investment Corp (NYSE:AI) CFO Richard Ernst Konzmann bought 1,500 shares of the stock in a transaction on Friday, February 9th. The stock was purchased at an average cost of $10.65 per share, with a total value of $15,975.00. The purchase was
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TurboTax

File Your 2017 Taxes with TurboTax. We've teamed up with Turbotax to help you get your taxes done right at a price you can't beat. The Turbotax website has several resources to help you get started, including tax calculators, tips and videos, and CPA or EA advice on demand. Whether you are filing
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BTN, Generali introduce insurance product for mortgage customers

BTN, Generali introduce insurance product for mortgage customers The director of state-owned lender PT Bank Tabungan Negara (BTN), Dasuki Amsir (center), holds the roof of a miniature house during the launch of the Generali-Protection (G-PRO), a bancassurance product jointly launched by BTN
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Fannie and Freddie aren't broken, so stop tinkering, Pimco tells Congress

Ever since the frantic days of the 2008 financial crisis, when Fannie Mae and Freddie Mac were rushed into government control to prevent the collapse of the housing finance system, the question of how to get them out – and what to do with them next – has consumed lawmakers and housing industry
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No Real Estate Tax Hike Expected Under Alexandria Budget

After flat revenue and new costs prompted the City Council to approve a real estate tax last year, increasing real estate values will provide enough revenue to keep the tax rate the same this time around. The current $1.13 per $100 real estate tax is on par with neighboring Fairfax County, where a 2.5
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US Treasury Official Says Era of Congratulating China Is Over

US Treasury Official Says Era of Congratulating China Is Over

The U.S. is done applauding China for promising economic reforms and wants to see the Asian nation back up its professed support for open trade, according to a senior U.S. Treasury official. The world has woken up to China's failure to open its economy to market forces, as Beijing promised when it
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A vacancy in Bon Air

More than 60 years later, church leaders have enlisted the aid of a global real estate consulting organization to help them decide what to do with the land and buildings once the school is gone. That's expected to happen by the start of the 2018-19 school year, when St. Michael's Episcopal School
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Easements – Burden or Benefit?

By, Stanley J. Czaja, Illinois & Indiana Underwriting Counsel, WFG National Title Insurance Company. You are looking at purchasing a home, but when you view the house you notice that the only access to it is via a driveway crossing the neighbor's property. How will the driveway impact your potential
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Photos: Remembering Billy Graham: Spiritual Counsel to Many US Presidents and World Leaders

His career spanned for more than six decades, preaching to more than 200 million people worldwide and ministering to several U.S. presidents including Dwight Eisenhower, Lyndon Johnson, and Bill Clinton. Queen Elizabeth II is even thought to have sought his spiritual guidance, as depicted in an
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FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) on Focus After Report of …

It is positive, 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: Washingtonpost.com, which released: “Prince George's County home sales” on February 21,
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Flagstar to expand in warehouse lending by buying Santander portfolio

Flagstar Bancorp in Troy, Mich., has agreed to buy a mortgage warehouse loan portfolio from Santander Bank. The $16.8 billion-asset Flagstar said in a press release late Tuesday that it will hire the portfolio's relationship managers. The deal is expected to close by March 31. Flagstar did not disclose the
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Can FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA)'s Tomorrow Be …

Winch Advisory Svcs Limited Co owns 0% invested in Federal National Mortgage Association (OTCMKTS:FNMA) for 442 shares. … More news for Federal National Mortgage Association (OTCMKTS:FNMA) were recently published by: Washingtonpost.com, which released: “Prince George's County
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Public Finance Head of US Public-Private Partnership (P3)

Unique to the industry, Government and Institutional Banking (GIB) brings together Capital Markets and Commercial Banking solutions for the government, education, tax-exempt and nonprofit healthcare sectors into one team, offering an integrated approach centered around the needs of our clients.
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Signs of a bullish housing market

First Trust Advisors Chief Economist Brian Wesbury on the outlook for the housing market and stocks.
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Balfour Beatty Communities Recognized for Excellence in Green Residential Building

MALVERN, Pa.–(BUSINESS WIRE)–Balfour Beatty Communities, a leading provider of property management, development and related real estate services for the multifamily, military and student housing markets, has been named a 2017 National Green Building Standard (NGBS) Green Partner of
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Fannie Mae And Freddie Mac Ruling Blow To Hedge Funds

Yesterday, the US Supreme Court dealt hedge funds and other big investors a blow when it refused to revive lawsuits challenging the federal government's capture of profits generated by Fannie Mae and Freddie Mac. This ruling leaves intact a federal appeals court decision from a year ago, which ruled
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Berlusconi Goes Poaching for Disenchanted Populists

Italians go to the polls on March 4 with voters divided over the country's relationship with the European Union, taxes, and immigration. Here's your daily guide to the latest news. When he was president of the AC Milan soccer club, Silvio Berlusconi signed stars like Marco van Basten and George Weah.
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Tough Start for Housing

The average rate on a 30-year fixed mortgage was 4.38% during the week ended last Thursday, according to Freddie Mac, a level it has only briefly been higher than over the past five years. If Treasury yields continue to climb, mortgage rates could go higher still, making it harder for many people to
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'Low-Yield' Nukes Are a Very High Threat

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: James Stavridis at jstavridis@bloomberg.net. To contact the editor responsible for this story: Tobin Harshaw at tharshaw@bloomberg.net. Before it's here, it's on
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Treasury's Malpass Says Rising US Debt, Deficit 'Troubling'

A senior U.S. Treasury official said he wants to see a multiyear effort to narrow the federal budget deficit, as he warned the nation's mounting debt is “troubling.” “I am troubled by the deficit; and troubled by the national debt, and I think we need a three-year program to deal with it,” David Malpass, the
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Fla. Housing Market: Median Prices, New Listings Up in Jan. 2018

Sales of single-family homes statewide totaled 16,564 last month, down 1.3 percent compared to January 2017. Meanwhile, the statewide median sales price for single-family existing homes was $240,000, up 9.1 percent from the previous year, according to data from Florida Realtors Research
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YouTubers Come to Poland's Rescue in Cryptocurrency Clampdown

If you haven't heard of “Dubielcoins,” don't worry. You haven't missed the latest madness in initial coin offerings. The imaginary means of payment features in a video by a popular Polish YouTuber as part of the central bank's unorthodox efforts to help raise awareness of the risks posed by virtual
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5 Ways Tax Reform is Helping Franchise Businesses

He said in an email to Small Business Trends, “Franchisors and Franchisees now have more cash flow and capital to put towards hiring, growth and … substantially where businesses are incentivized to now invest in equipment, real estate and other capital investments where with the new tax reform,
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Man pleads guilty to hiding body in Arizona Realtor murder case

A few weeks later, Arizona police then charged a second man, William Glen Sanders, as an accomplice in the murder for tampering with physical evidence and concealment of a dead body. According to a new report from the Daily Miner's Hubble Ray Smith, Sanders pleaded guilty on Friday to the
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Finance Minister says PTSB can, and is, moving ahead with mortgage sale

Meanwhile, Master of the High Court Edmund Honohan has described as “a sick joke” a letter sent from Taoiseach Leo Varadkar to a man seeking to avoid repossession of his home to contact mortgage arrears adviser Abhaile. Mr Honohan said he has people in his court, on a daily basis, who are
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Anixter International Inc. (AXE) Position Increased by Sei Investments Co.

Anixter International Inc. (AXE) Position Increased by Sei Investments Co.

Anixter International logo Sei Investments Co. increased its position in shares of Anixter International Inc. (NYSE:AXE) by 40,262.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 232,486 shares of the technology company's stock after buying an additional 231,910
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WESCO International (WCC) Lifted to Buy at Zacks Investment Research

WESCO International, Inc. logo Zacks Investment Research upgraded shares of WESCO International (NYSE:WCC) from a hold rating to a buy rating in a research report released on Tuesday. The brokerage currently has $72.00 price objective on the technology company's stock. According to Zacks
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An Especially Diverse Audience Lifted 'Black Panther' to Record Box Office Heights

Paul Dergarabedian, ComScore's senior media analyst, raised the idea of Black Panther as “a game changer in terms of its ability to erase outdated perceptions of what can constitute a blockbuster/superhero movie,” in an e-mail to Fortune. “The across the board appeal of the film reflects that there are
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Etherty launches only blockchain-based, real estate-focused trading platform

DUBAI – A new investment portal has launched offering a real estate linked-crypto currency that enables investors to seize property investment opportunities all over the … Etherty's business concept capitalizes on the increasing local and international investment movement in the real estate market.
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Inlanta Expands in Missouri, Welcomes Neil Volkmann

Inlanta Mortgage has expanded in Missouri, naming Neil C. Volkmann Manager of the company's new branch. Volkmann will serve as Senior Loan Officer and Branch Manager, having personally originated, managed, and/or directed mortgage production in excess of $4 billion dollars. Volkmann's broad
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Apple could be buying cobalt from mining companies directly

A couple of months ago, Amnesty International published an update, saying that Apple is more transparent than others. The iPhone maker now publishes a list of its cobalt suppliers. But there's still a long way to go in order to make sure that mining companies respect basic human rights. But let's be
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Real Estate Assessments Up 1.78 Percent In McLean

MCLEAN, VA—Fairfax County reports that 2018 residential property assessments increased by an average of 1.78 percent in McLean, a smaller change compared to the countywide average of 2.17 percent. On the other hand, the average home assessment for 2018 for McLean was $924,703, notably
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Point of Sale Lending Trends Show Who's Really in Charge in Consumer Finance

Many consumers are opting to take out point of sale loans instead of using credit cards. Learn why and what this trend means for the consumer lending industry at large.
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SNAAC Adapts to Revised Military Lending Reg to Sell GAP

Security National Automotive Acceptance Co. is one of the first lenders to adhere to revised regulations from the Department of Defense through a new compliance program, Auto Finance News has learned. In December, the DoD clarified that servicemembers seeking GAP policies are subject to the
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Tight supply, rising prices undercut on US home sales

Making housing expensive for some first-time home buyers, the 30-year fixed mortgage rate rose to an average of 4.38 percent last week, the highest level since April 2014, according to data from mortgage finance agency Freddie Mac. It was up from 4.32 percent in the prior week. Mortgage rates are
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Mystics remain undefeated in rec. basketball play

16-17. Weekly scores and standings for the week are as follows: Pee Wee Division (K-2nd graders), scoring was not kept as per league rules: Friday, Feb. 16, the Nuggets played the visiting Trinity Title Company Knicks in the first game of the evening. The second game we saw the Lewiston Mini-Mart
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South Africa's Biggest Labor Group Rejects Budget as Anti-Poor

South Africa's biggest labor group criticized Finance Minister Malusi Gigaba's annual budget, saying plans to raise the sales-tax rate and curb expenditure in a bid to contain debt would hurt the poor. “The Congress of South African Trade Unions sympathizes with government on the need to stabilize and
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Survey finds pessimism over post-tax cut housing market

A Zillow survey of housing experts across the nation has found that many of them have lowered their long-term expectations for the U.S. housing market in the wake of recent changes to federal tax laws. According to the 2018 Q1 Zillow Home Price Expectations Survey, conducted by Pulsenomics LLC,
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First Mercantile Trust Co. Has $2.64 Million Stake in Mondelez International Inc (NASDAQ:MDLZ)

Mogy Joel R Investment Counsel Inc. lifted its holdings in Mondelez International by 1.6% during the 2nd quarter. Mogy Joel R Investment Counsel Inc. now owns 61,886 shares of the company's stock worth $2,673,000 after buying an additional 1,000 shares during the period. Finally, Adell Harriman
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Who Are The Major Shareholders Of Stratex International Plc (LON:STI)?

Institutions account for 72.24% of STI's outstanding shares, a significant enough holding to move stock prices if they start buying and selling in large quantities, especially when there are relatively small amounts of shares available on the market to trade. However, as not all institutions are alike, such
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So Far, Trump Has Stayed Onside With Gun Lobby

Putin's “cook” | Following U.S. Special Counsel Robert Mueller's latest plea deal, Bloomberg profiles Yevgeny Prigozhin, a long-time associate of Russian President Vladimir Putin. Prigozhin was among 13 Russian nationals who Mueller indicted on charges of defrauding the U.S. government in a
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Lloyds Banking Group profit hits record £5.3 bn but misses estimates

Lloyds Banking Group reported its highest pre-tax profit since 2006 on Wednesday, announcing a share buy-back of up to £1 billion (€1.13 billion) and £3 billion of strategic investment over the next three years. The 24 per cent rise in profit to £5.3 billion beat last year's record of £4.2 billion but fell short
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Silver Hill's Michael Boggiano Named to Forbes Real Estate Council

Silver Hill Funding has announced that Michael Boggiano has been accepted into the Forbes Real Estate Council, an invitation-only community for executives in the real estate industry. Boggiano joins other Forbes Real Estate Council members, who are hand-selected, to become part of a curated
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Donohoe to check protections for PTSB mortgage holders

Mr Donohoe said he would be meeting Fianna Fáil, which wants to stop the sale and is planning new legislation to extend protections to mortgage holders whose loans are acquired by vulture funds. Speaking after a conference on Brexit at Croke Park's conference centre in Dublin, the minister gave
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FHLBank Pittsburgh Announces Full Year and Fourth Quarter Financial Results

PITTSBURGH–(BUSINESS WIRE)–The Federal Home Loan Bank of Pittsburgh (FHLBank or the Bank) today announced unaudited financial results for full year … and strength of our performance, which permits increased dividends to our membership and a substantial contribution to affordable housing.
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Crime reports for Anne Arundel and Howard counties and for Annapolis

Crime reports for Anne Arundel and Howard counties and for Annapolis

An attempt was made to enter a title company. There was no sign of forced entry and nothing was reported stolen. Hickory Ridge Rd., 10200 block, 12:38 p.m. Feb. 9. A male entered a vacant residence through an unlocked sliding door. When confronted, the male left. Montevideo Rd., 7100 block, Feb.
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Armory Church for sale after foreclosing on mortgage

The Armory Church is set for auction after falling more than $3 million behind on a mortgage, according to county records. A judge foreclosed on the property in December and later set it for sale at a sheriff's auction on Feb. 28. The Armory Church, formerly known as St. James Holiness Church of God in
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FF and FG scrambling to find a fix on vulture fund loan purchases

The problem in dealing with the issue of residential mortgage loans possibly being sold to vulture funds is that it is not clear what the exact problem is, never mind the solution. Politically the issue is toxic – but what this will mean for borrowers in arrears whose loans are sold is not clear, and will vary from
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NAMB seeks to ban credit bureau sales of trigger leads

“The only way to protect the consumer is to close this loop hole immediately, and that's what NAMB is seeking to accomplish,” he said. HousingWire reached out to Equifax, TransUnion and Experian for comment, however none of the three credit bureaus responded. This story will be updated and/or
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How to fix your mortgage rate before borrowing costs rise and it's too late

MORTGAGE borrowers have grown accustomed to rockbottom mortgages, but those days are now coming to an end as rates finally start to pick up. This could come as a shock to homeowners who are already stretching to meet their monthly repayments, while higher borrowing costs could also dent
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MBA: Mortgage Applications Fell 6.6% as Rates Continued to Rise

After decreasing 4.1% the previous week, mortgage application volume fell 6.6% on an adjusted basis during the week ended Feb. 16, as rates continued their upward march, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. Applications for refinances fell
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Bank Brexodus Gets Closer as Deutsche Bank Relocates Booking

Deutsche Bank AG on Wednesday became the first large bank to publicly announce the beginning of a wholesale relocation of client business out of the U.K. in response to Britain's vote to leave the European Union. The Frankfurt-based lender said it plans to complete the shift this year unless
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Billy Graham, Pastor Who Advised World Leaders, Dies at 99

Billy Graham, the Christian evangelist who preached to more than 200 million people in 185 countries and became the confidant of world leaders including every U.S. president from Harry Truman to George W. Bush, has died. He was 99. He died Wednesday at his home in Montreat, North Carolina,
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one stop mortgage approval for low and moderate income buyers

NACA'S BEST IN AMERICA MORTGAGE. · NO DOWNPAYMENT. · NO CLOSING COSTS OR FEES. · NO PMI. · BELOW MARKET FIXED RATE (Current rate at www.naca.com). · 30-YEAR OR 15-YEAR TERM. · INTEREST RATE BUYDOWN. · NO PERFECT CREDIT REQUIRED. · NOT BASED ON
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Five Star Leader Unlikely to Get Italy's Premiership, Official Says

Luigi Di Maio, the anti-establishment Five Star Movement's candidate for Italian premier, is unlikely to be given a chance to govern by President Sergio Mattarella even if he wins the March 4 election, according to a senior state official. Polls before a blackout period was imposed on Feb. 17 suggested
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Winner-Take-All Electoral Practice Faces Voter-Rights Challenge

Civil rights activists are challenging the legality of four states' winner-take-all method of allocating U.S. presidential electoral college votes, claiming the practice magnifies some votes at the expense of others and violates voters' constitutional rights.
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P&G Bets Natural Pampers Can Help Build Trust With Millennials

After Sara Giovanni's twin girls were born prematurely in 2014 she began shifting toward more natural products — with one exception. She was disappointed by the absorbency in the green diapers she tried, so Giovanni pursued an option not available to most shoppers: She designed her own.
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Conservatives Claim Twitter Is Targeting Them With a 'Purge' After Followers Drop by Thousands

Some conservative Twitter Inc. users are accusing the company of unfairly targeting their followers as it steps up efforts to get rid of fake or abusive accounts. Prominent conservative pundits and activists said Wednesday that thousands of their followers had been deleted overnight. Other users said they
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Bank of America Says FX Traders May Be Off on Dollar Bearishness

The dollar's four-session winning streak, its longest since December, may be a harbinger of things to come, according to Bank of America Merrill Lynch Global Research. Despite resoundingly bearish sentiment on the U.S. currency, the greenback has climbed 0.8 percent this month, trimming its loss for
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ING Confirms Bitfinex Banking Account

Bitfinex, one of the largest crypto exchanges in terms of Bitcoin trading volume, has set up an account with Dutch-based ING Groep after the dissolution of its relationship with US banking major Wells Fargo. Harold Reusken, a spokesperson for ING, confirmed in an email to Reuters that Bitfinex does
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US Existing Home Sales Unexpectedly Tumble 3.2% In January

Borrowing costs have risen in recent months but remain low by historical standards; the average interest rate on a 30-year fixed-rate mortgage in January was 4.03%, according to Freddie Mac. That was the biggest year-on-year drop since August 2014. A lack of available homes is holding back sales,
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Sodastream International (NASDAQ:SODA) Issues Quarterly Earnings Results

State Street Corp increased its stake in Sodastream International by 6.1% in the 2nd quarter. State Street Corp now owns 101,101 shares of the company's stock valued at $5,411,000 after buying an additional 5,772 shares during the last quarter. Wasatch Advisors Inc. increased its stake in Sodastream
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UPDATE 1-Canadian pension fund Caisse aims to double Indian real estate investments

MONTREAL/MUMBAI Feb 21 (Reuters) – The real estate arm of Canada's second-largest pension fund manager wants to “more than double” the C$800 million ($631 million) it has already committed to investments in India in the short term, the unit's president said on Wednesday. Ivanhoe Cambridge
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Four Charts: Home Depot Benefits From the Housing Market Rebound

Lowe's same-store sales growth has trailed Home Depot's for eight straight years, attracting the attention of activist investor D.E. Shaw & Co., which has said the company's stock price could triple if it can bring sales and costs into line with those of Home Depot. Lowe's operating margin has trailed Home
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Cincinnati's Fortune 500 companies are paying off in economic gains, Federal Reserve leader says

Greater Cincinnati has made the transition from manufacturing economy to one fueled by a more diverse service sector more smoothly than other cities in the industrial heartland, thanks partly to its preponderance of Fortune 500 companies. That's one of the key findings Gary Wagner, vice president and
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Felicia's Story: Reentry Programs That Open Educational Doors

Felicia's Story: Reentry Programs That Open Educational Doors

After overcoming substance use, Felicia Allen joined reentry programs at Fortune to accomplish another goal: obtaining her High School Equivalency diploma.
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Cetera Advisor Networks LLC Has $3.85 Million Position in International Business Machines Corp …

The fund owned 26,445 shares of the technology company's stock after buying an additional 2,030 shares during the period. Cetera Advisor Networks LLC's holdings in International Business Machines were worth $3,848,000 as of its most recent filing with the Securities and Exchange Commission
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Vanguard Total International Stock ETF (VXUS) Position Boosted by Cetera Advisor Networks LLC

Cambridge Investment Research Advisors Inc. boosted its holdings in Vanguard Total International Stock ETF by 5.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 5,329,060 shares of the company's stock worth $291,659,000 after buying an additional 277,715
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Inquiry throws spotlight on one fraud and an entire banking sector

The Brady House branch of Punjab National Bank is housed in a fine old colonial building at the heart of India's financial capital, just a brief lunchtime stroll from the Reserve Bank of India. On Sunday night, though, the mood was very different as it swarmed with officials from the CBI, India's equivalent of
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Latvian lenders call on ECB to help sort out banking storm

RIGA, Feb 21 (Reuters) – Latvia's commercial banking association called on the European Central Bank on Wednesday to step in and sort out a crisis at lender ABLV Bank. which has asked for emergency funding after being accused by the U.S. Treasury of money laundering. Latvia's financial sector has
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Dannon Defector to Chobani Ignites Yogurt Trade Secrets Battle

The war between established yogurt makers and upstarts intensified when Dannon Co. sued a former senior vice president for allegedly taking confidential information and trade secrets to his new job at Chobani LLC. Federico Muyshondt is accused of stealing details of Dannon's business strategies,
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Citi posts job to run its US mortgage operation

And now, the bank is looking for a new leader of its U.S. mortgage business, who will be tasked with the “successful completion of mortgage transformation,” among many other responsibilities. Citigroup played a major role in housing after the turn of the century and into the housing boom years, however
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Parallel trends: leveraging momentum in gold and energy metals

The key to Canadian Creek's promise is summed up by the old saw about the three things that matter in real estate: “Location. Location. Location.” The district-scale Yukon property shares 12 kilometres of border on its northern side with Goldcorp's Coffee deposit (3.0 million ounces of indicated gold and
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Supreme Court Declines to Hear GSE Investors' Case

The U.S. Supreme Court has declined to consider litigation brought by Fannie Mae and Freddie Mac shareholders that accused the government of overstepping its authority when redirecting the government-sponsored enterprises' profits to the Treasury Department following the 2008 enactment of
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Ford North America President Raj Nair Leaves Over Inappropriate Behavior

Top Ford Motor Company executive Raj Nair has left the company following an internal investigation into reports of inappropriate behavior, the automaker said Wednesday. Nair has been president of Ford's North America division since June 2017. But he's held a number of key positions at the
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Tech : San Francisco's housing market is so dire, people need to make over $300000 a year to …

According to Paragon Real Estate, only 12% of households in San Francisco can afford it. Patrick Carlisle, the chief market analyst at Paragon who worked on the report, has said low housing affordability is the greatest economic and social issue issue facing the Bay Area. San Francisco, one of the
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Why China HGS Real Estate Inc's (NASDAQ:HGSH) ROE Of 4.06% Does Not Tell The Whole Story

China HGS Real Estate Inc (NASDAQ:HGSH) generated a below-average return on equity of 4.06% in the past 12 months, while its industry returned 9.50%. Though HGSH's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted.
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Ohio First-Time Home Buyer Programs of 2018

The state of Ohio works with mortgage companies, lenders and credit unions to offer home loans to people with low and moderate incomes, including first-time home buyers. You're considered a first-time buyer if you haven't owned a residence within three years. The Ohio Housing Finance Agency,
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Deutsche Börse sees revenue growth for 2017

Deutsche Börse has reported that its yearly revenue increased by 3 percent in 2017, ending the year with €2.4 million, compared to €2.3 million at the end of 2016. The company also achieved structural net revenue growth of approximately 5 percent, which it said is in line with its planning. Adjusted net
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The Students of Florida's Stoneman Douglas High School Get Ready To Make History

“I remember the first time I drank at a white water fountain. I was disappointed. I believed that it must have been sugar water coming from it.” JoAnne Bland was eleven years old when she marched over the Edmund Pettus Bridge in Selma, Ala. in a now-famous march for voting rights that has come to be
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Oaktree Specialty Lending Corp (NASDAQ:OCSL) Director Acquires $153650.00 in Stock

Oaktree Specialty Lending logo Oaktree Specialty Lending Corp (NASDAQ:OCSL) Director Marc Gamsin purchased 35,000 shares of the business's stock in a transaction on Monday, February 12th. The stock was acquired at an average price of $4.39 per share, with a total value of $153,650.00.
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Sarasota-Manatee housing sales strong; nation and state are weak

The Sarasota-Manatee housing market outperformed both the national and state marks in January sales, new statistics and reports released Wednesday indicate. While closed sales rose locally in year-over-year comparisons, they fell across the country and state. Median home prices also rose again in
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#Budget2018: Banking association deems VAT increase necessary

Johannesburg – South Africa's banking association said on Wednesday finance minister Malusi Gigaba's 2018 budget showed the government willingness to take some of the hard decisions necessary to restore fiscal stability, but much more serious work needed to be done to ensure fast, sustainable
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Our Performance

We ask our stakeholders each year to help us shape our reporting. They were particularly interested in issues related to how the Group is run; building trust; supporting communities and society; economic performance and contribution; responsible and accessible products; human rights, diversity and
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Mueller Is Ending the Era of Impunity for Washington's Foreign Lobbyists

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Eli Lake at elake1@bloomberg.net. To contact the editor responsible for this story: Tobin Harshaw at tharshaw@bloomberg.net. Before it's here, it's on the
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Supreme Court Rejects Appeals in GSE Profits Case

Supreme Court Rejects Appeals in GSE Profits Case

courtroom-justicescales This week the United States Supreme Court rejected appeals in a case challenging the federal government's handling of profits generated by Fannie Mae and Freddie Mac since they came under government control during the 2008 financial crisis. On Tuesday, the Supreme
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Brainstorm Health: Verily Eye Scans, Organs on Chips, Merck-Viralytics Deal

As with pretty much all things Verily, the method is centered on machine learning, as detailed in a report published in the journal Nature Biomedical Engineering. The Verily algorithm was trained using a dataset of about 300,000 patients, including eye scans and other medical information. Via neural
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Real Estate Assessments Up 1.5 Percent In Vienna

VIENNA, VA—Fairfax County reports that 2018 residential property assessments increased by an average of 1.5 percent in Vienna, which is lower than the countywide average of 2.17 percent. The average home assessment for 2018 for Vienna was $721,135, notably higher than the average $535,597
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$1.1M lending fund set up for south Phoenix small businesses

South Phoenix small-business owners and entrepreneurs will soon have access to a $1.1 million lending program that will help them secure loans and fortify their businesses. Raza Development Fund, the largest Latino community development financial institution, and JPMorgan Chase (NYSE: JPM)
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TPG Specialty Lending, Inc. Announces Quarter and Fiscal Year Ended December 31, 2017 …

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported net investment income of $26.9 million, or $0.45 per share, for the quarter ended December 31, 2017. Net asset value per share was $16.09 at December 31, 2017 as compared to $16.09 at
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Fourth fortune hunter dies looking for Fenn's Treasure

Last summer, fortune hunter Paris Wallace, 52, a pastor from Colorado was found dead north of Santa Fe, New Mexico after trying to traverse a river. Separately, Eric Ashby, 31 died after his raft overturned on the Arkansas River. In 2016, Randy Bilyeu, 54, died on the Rio Grande while looking for the
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Payday Lenders Continue to Put Coloradoans Into High-Cost Debt

Almost eight years after Colorado enacted a payday law reform bill in 2010, payday lenders in Colorado continue to ensnare customers in a cycle of high-cost debt. Customers are drawn in by promises of easy cash. But as the high costs mount, the struggle to cover monthly expenses is compounded by
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CBRE Group, Inc. Named Top Real Estate Brand in Lipsey Survey for 17th Consecutive Year

CBRE Group, Inc. today announced that The Lipsey Company has named CBRE the top global brand in commercial real estate for the 17th consecutive year.
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YouTube Promoted Florida Shooting Video That Fueled Conspiracy

YouTube was criticized after promoting a video with a title that suggested a teenage survivor of last week's Florida school shooting was a paid actor, the latest sign of Google's ongoing struggle to suppress conspiracy theories on its massive video site. The video shows David Hogg, a student who has
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Building a Real Estate Dream Team

Teams are an increasingly popular method of serving clients in the purchase and sale of a home. Teams in real estate are the future because the job is getting harder—it's almost impossible for one person to do it all on their own without dropping the ball on something. Episode 11 of the Center for
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Mueller Files Sealed New Charges in Manafort, Gates Case

U.S. Special Counsel Robert Mueller has filed new charges in the case against ex- Trump campaign chairman Paul Manafort and his former deputy, Rick Gates, according to a sealed court filing. The filing in Washington federal court doesn't specify the nature of the charges, or whether it expanded the
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Home Depot books higher sales in hot housing market

Home Depot books higher sales in hot housing market. 2/21/2018. Joe Raedle/Getty Images. Hurricane repairs, rising home values and millennials' big moves into home ownership gave Home Depot's same-store sales a 7.5% boost in the fourth quarter, topping analysts' estimates for 6.5% growth.
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Trump Wants to Turn Space Into a Free-Market Paradise

America's regulations for off-planet activity were written in the 1980s. They're about to be remade with a capitalist bent. By. Justin Bachman. @justinbachman More stories by Justin Bachman. February 21, 2018, 11:11 AM PST Updated on February 21, 2018, 12:39 PM PST. From. The SpaceX Falcon
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Illinois Credit Unions take advantage of new lending program

NAPERVILLE, IL (February 21, 2018) — The Illinois Credit Union League and LSC are excited to announce that nearly a dozen Illinois credit unions are currently taking advantage of the CULS Loan Program offered by LSC and the Credit Union Loan Source (CULS). This new partnership enables
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Are Either Bank of Marin Bancorp (NASDAQ:BMRC) or Investors Title Company (NASDAQ:ITIC …

As of late, the Street has taken a bit closer look at shares of Bank of Marin Bancorp (NASDAQ:BMRC). In the latest session the stock moved 3.11%, putting the stock value at $69.50. Here we'll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages.
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Interested In The Real Estate Industry? Take A Look At Empire State Realty Trust Inc (NYSE:ESRT)

Empire State Realty Trust Inc (NYSE:ESRT), a US$5.53B mid-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investment trust, or a REIT, is a collective vehicle
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Ursula Burns Proves That Even A Poor Black Girl Could Lead A Fortune 500 Company

As a child, Ursula Burns was told she has three things against her — she was Black, she was a woman and she was poor. Thirty years later, she became the first African American woman to lead a Fortune 500 company. Burns was raised in the public housing projects in the Lower East Side of Manhattan
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Risky Crypto Bet Dents Dennis Gartman's Retirement Account

Making big bets on speculative assets with retirement money is something most advisers warn against, but Bitcoin fever is prompting all sorts of puzzling decisions. For 67-year-old Dennis Gartman, the longtime publisher of a namesake daily investing newsletter and television commentator, that was
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Why Attend the 35th Annual Regional Conference Of MBAs?

We are excited about our new approach to Thursday's program (with no increase in cost to Conference attendees!) which provides the time needed to deal with, “A close look at the future of mortgage lending and where you fit in.” Our expert panel includes a current employee of the CFPB and other
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Zar Group refinances Broadway tower with $210M loan

The Zar Group — the real estate investment arm of the Zar family — had considered converting the 42-story, 400,000 s/f office tower to apartments when they bought it from a partnership of the Chetrit Group, Moinian Group and Edward J. Minskoff Equities for $204 million in 2011. Instead, the company
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Moynihan sees issues and real estate values hand-in-hand

Moynihan sees issues and real estate values hand-in-hand

First Selectman Kevin Moynihan said the biggest worry in his new position is the state government, including high taxes and an uncertain budget situation in Hartford. “We're losing our affluent seniors,” said Moynihan, noting more of them are spending at least six months — or permanently moving — out
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Should You Buy Mondelez International, Inc. (MDLZ) or Vistra Energy Corp. (VST)?

Mondelez International, Inc. (NASDAQ:MDLZ) shares are up more than 2.24% this year and recently decreased -0.86% or -$0.38 to settle at $43.76. Vistra Energy Corp. (NYSE:VST), on the other hand, is up 3.06% year to date as of 02/20/2018. It currently trades at $18.88 and has returned 5.12% during
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Moody's Warns Appraisal Alternatives Create RMBS Risks

“In seeking to reduce operational costs, increase efficiencies and address the shrinking ranks of U.S. property appraisers, mortgage market participants are exploring the use of alternatives to traditional means of calculating property values and, in some cases, starting to use them more,” said Lima Ekram
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Refi market share starts the year at 12-month high

Refinance mortgages accounted for 45% of mortgage volume, the highest share in a year, according to Ellie Mae's Origination Insights Report. The share of refinance loans increased from 40% in December, but is still below the 47% share of volume in January 2017. Purchase originations, which are
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Wilhelmina International Inc (NASDAQ:WHLM): Risks You Need To Consider Before Buying

If you are a shareholder in Wilhelmina International Inc's (NASDAQ:WHLM), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. Generally, an investor should consider two types of risk that impact the market value of WHLM.
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NSW Parliament passes far-reaching training reforms for real estate agents

A barista selling a $4 coffee currently undergoes more training than a real estate agent selling a $4 million home in Sydney, says the president of the Real Estate Institute of NSW (REINSW). But now that looks set to change after Parliament passed a series of far-reaching training reforms as a
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Pacific Premier Bancorp (PPBI) Stock Rating Lowered by Zacks Investment Research

The Company makes Liberator Series loans, which are for the purchase of residential real property by borrowers who generally would not qualify for Fannie Mae or Freddie Mac loans, and Portfolio Series loans, which is debt consolidation loans for borrowers whose credit history qualifies them. “.
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Hada DBank: A Blockchain-Based Islamic Bank

HADA Dbank, is set to bring the emergence of Islamic banking principles to the blockchain ecosystem, forging a new future ahead of the current banking systems. HADA DBank is a Kuala Lumpur-based company, working to place itself at the forefront of the new generation of financial banking systems.
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Latvia's banking crisis

US officials have accused Latvia's third-largest bank of laundering money that helped fund North Korea's missile programme. To make matters worse, the country's central bank governor is the subject of a bribery probe. Elaine Moore discusses what's behind the banking crisis in the Baltic state and why
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Mettler-Toledo International Inc. (MTD) Holdings Cut by New Amsterdam Partners LLC NY

IFM Investors Pty Ltd increased its holdings in Mettler-Toledo International by 44.1% in the fourth quarter. IFM Investors Pty Ltd now owns 546 shares of the medical instruments supplier's stock valued at $338,000 after buying an additional 167 shares during the last quarter. Page Arthur B bought a new
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PAL Program Can't Replace Payday Lenders: Pew

The highly touted NCUA Payday Lending Alternative model is not an effective replacement for storefront short-term lenders that charge customers exorbitant interest rates, Nick Bourke, director of The Pew Charitable Trusts' consumer finance project said Monday. “The PAL program is well-regarded, and
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Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

The company specializes in lending for single-family or small multifamily home rehab and renovation loans and also provides access to short-term, high-yield returns. To date, Groundfloor has originated nearly 420 loans worth more than $54 million. The company said that its typical loans return between
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White House Considers Citing Russian Deaths in Syria as Sign of US Resolve

The Trump administration is considering citing the deaths of scores of Russian mercenaries in a Feb. 7 battle with U.S.-backed forces in Syria as evidence of the president's tough stance toward the Kremlin, a person familiar with the matter said. White House Press Secretary Sarah Huckabee Sanders
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A 2006 Boom Wouldn't Fix Deutsche Bank or Barclays, Analyst Says

Deutsche Bank AG and Barclays Plc, two of Europe's biggest lenders, may have trouble meeting their targets even if they improve investment-banking revenue by 50 percent this year, according to analysts at Goldman Sachs Group Inc. Deutsche Bank would struggle to reach a return on tangible equity
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Ryan Reynolds Now Owns Aviation Gin

Actor Ryan Reynolds is now the proud owner of a craft gin company, or at least part of one. He announced his ownership in Aviation Gin via an Instagram post Wednesday in which he commented: “I own nothing in this photo. Except that gin company.” The company has not disclosed how much of the
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US says has "full confidence" in Latvia to handle banking storm

“The United States has full confidence that the Government of Latvia will take the necessary steps to uphold the integrity of its banking and financial sector,” said Heather Nauert, spokeswoman for the U.S. State Department. Washington has “for many years … been working together with Latvia to combat
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Housing prices hitting levels not seen since before the Great Recession

The median sales price for single-family homes sold in Manatee County in January was $300,145, up 7.6 percent from a year ago. It was the second time the median price for Manatee County home sales cracked $300,000 since the Great Recession in 2008, according to figures released Wednesday by
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Mortgage Applications on the Decline

The Market Composite Index dropped by 6.6 percent on a seasonally adjusted basis and by 3 percent on an unadjusted basis from one week earlier. The seasonally adjusted Purchase Index decreased six percent from one week earlier, although the unadjusted Purchase Index increased one percent
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The Toughest Housing Markets for First-Time Homebuyers

Not only did Denver rank as the most challenging cities in the U.S. for first-time homebuyers, the city also topped the list for fewest months supply of housing inventory, 1.1 months. Denver started 2018 with record-low for-sale inventory, 3,869 listings, according to a recent market trends report from the
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Blog: SCOTUS declines to step into GSE fight

The U.S. Supreme Court declined this week to intervene in the fight between Fannie Mae's and Freddie Mac's private shareholders and the U.S. government over billions in profits … In 2012, the original bailout terms were modified to send almost all of Fannie's and Freddie's profits into Treasury's coffers.
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Fewer mortgage applications as rates reach four-year high

Fewer mortgage applications as rates reach four-year high

With 30-year mortgage rates reaching a four-year high, loan application activity was lower this past week, according to the Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending Feb. 16 found it decreased 6.6% on a seasonally adjusted basis from one
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Chase launches $1.1M lending program for S. Phoenix

South Phoenix underserved entrepreneurs and small businesses, particularly those along the South Central Avenue corridor, are the focus of a new $1.1 million lending program that will help them secure loans and fortify their potential to expand, increase their revenues and thrive. A new $1 million loan
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Join trade shows, Citem urges SMEs

THE Center for International Trade Expositions and Missions (Citem) is encouraging more small and medium enterprises (SMEs) to join exhibits so they can meet new buyers and expand their market reach. Citem Information Officer Luzviminda Soriano, in an interview yesterday, said that amid the
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IBM X-Force IRIS Uncovers Active Business Email Compromise Campaign Targeting Fortune 500 …

IBM X-Force Incident Response and Intelligence Services (IRIS) assesses that threat groups of likely Nigerian origin are engaged in a widespread credential harvesting, phishing and social engineering campaign designed to steal financial assets. Beginning in the fall of 2017, X-Force IRIS experienced
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Iran Isn't So Keen on Bitcoin After All. But It May Have Other Cryptocurrency Plans.

Late last year, there were reports that the Iranian government was keen on the Bitcoin cryptocurrency as a way of bypassing economic sanctions. However, the government has now said this is not the case at all. According to the independent Iranian news site Iran Front Page, the country's central bank
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Weekly Mortgage Applications Plunge 6 Percent as Rates Spike

A report from the Mortgage Bankers Association on Wednesday showed applications for loans to buy a home decreased more than 6 percent last week from a week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.6 percent on a seasonally adjusted
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Here's Why Apple Wants to Buy Cobalt Directly From Miners

In an effort to avert potential production problems of its devices, Apple is in talks to directly acquire a critical mineral used in lithium-ion batteries. The tech giant is negotiating with miners to buy thousands of metric tons of cobalt annually for a period of five years or more, Bloomberg is reporting, citing
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NYS Housing Sales Down in January

The New York State housing market started 2018 with 8,698 closed sales, according to new data from the New York State Association of Realtors (NYSAR). However, the total sales were 2.7 percent below the record-setting January 2017 total of 8,940. The January statewide median sales price was
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TRANSACTIONS: Meridian Capital puts together a pair of $19M loans

A new mortgage in the amount of $19,100,000 on a 151-unit multifamily property located on Somerset Street in New Brunswick, NJ. The loan features an initial rate of 3.53% and a five-year term. David Fisher and Scott Jackson negotiated this transaction. • A new mortgage of $19,000,000 on a 83-unit
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Citi creates new role for commodities banking across EMEA

Citigroup has created a new position to oversee its corporate banking activities in natural resources across Europe, the Middle East and Africa. Citi said Marie-Christine Olive, a banker with 29-years of experience, would be taking on the role, which will cover everything from miners to commodity traders.
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Why Home Buyers Might Be Running Short On Time

Rates for Fannie Mae- and Freddie Mac-backed loans are lower right now, and the same for FHA loans, VA loans, and USDA loans. So what are today's mortgage rates? That's going to depend on you, your credit score, and your home. It will also depend on what you do with closing costs. Loans with
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Elizabeth Warren takes aim at fellow Democrats over banking relief bill

Elizabeth Warren criticized fellow Democrats in a fundraising email Wednesday, accusing them of working with Republicans to “gut” post-crisis regulations on big banks. The Massachusetts senator took aim at the 12 members of her conference who have signed onto legislation that would ease some
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Metro Pittsburgh Real Estate: Here's Where To Find Houses, Prices

Metro Pittsburgh Real Estate: Here's Where To Find Houses, Prices. Looking for a new house? Just browsing? … PITTSBURGH, PA- Southwestern Pennsylvania has a wide range of housing — from epic mansions and estates to high quality starter homes. Need lots of bedrooms? A small yard?
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Lloyds outlines ambitious targets as profits miss forecasts

Lloyds Banking Group has set ambitious targets to improve its profitability over the next three years, as it moves on from the payment protection insurance mis-selling scandal that has been hampering its recovery. António Horta-Osório, the UK lender's chief executive, said the group would invest more
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NAR, Spring Housing Market

Stream the The Financial Exchange episode, George Ratiu (NAR, Spring Housing Market), free & on demand on iHeartRadio.
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Existing-Home Sales Down, But Prices Go Up

Existing-home sales in January was the largest year-over-year drop in over three years, according to new data from the National Association of Realtors … “While the good news is that Realtors in most areas are saying buyer traffic is even stronger than the beginning of last year, sales failed to follow
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What Next for FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Stock After …

Capwealth Advsrs Llc holds 0.07% of its portfolio in Federal National Mortgage Association (OTCMKTS:FNMA) for 122,250 shares. … More news for Federal National Mortgage Association (OTCMKTS:FNMA) were recently published by: Washingtonpost.com, which released: “Prince George's County
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Taking a stand against Vancouver's real estate disaster

And on the surface, it looks surprisingly bold. But it remains to be seen whether the 30-point housing plan British Columbia Premier John Horgan's government unveiled Tuesday will begin to expunge the pathologies that have turned Metro Vancouver's real estate market into an international housing
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Orthofix International NV (OFIX) Shares Sold by NorthCoast Asset Management LLC

American Century Companies Inc. lifted its holdings in shares of Orthofix International by 7.0% in the 4th quarter. American Century Companies Inc. now owns 157,052 shares of the medical device company's stock valued at $8,591,000 after buying an additional 10,250 shares during the period. Aperio
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Northern Trust's head of international securities lending departs

Sunil Daswani left Northern Trust, where he was head of international securities lending, a spokeswoman said. Mr. Daswani was responsible for the Europe, Middle East and Africa and Asia-Pacific regions. It could not be learned why he left or his future plans. Mark Jones was named head of securities
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