US Weighs Venezuela Oil Sanctions Before April Vote

US Weighs Venezuela Oil Sanctions Before April Vote

The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official. The official, who asked not to be identified discussing private talks, stressed that no decision
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Mexican Candidate's Plan to Build Refineries Raises Eyebrows

Industry observers have serious doubts about the Mexican presidential front-runner's plan to build new refineries that could cost $6 billion to $10 billion. Leftist leader Andres Manual Obrador's proposal comes as the country was forced to import 75 percent of the gasoline it consumed in January while
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Higher Mortgage Rates Crushing Housing

Interest rates have been rising across the curve over the past several weeks. Interest rates on the short end of the curve, 0-5 year duration, have been rising much faster on a relative basis than 20-30 year treasury rates. Even though the move in interest rates has only taken place over a few weeks, and
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Mortgage Rates, Home Prices on the Upswing

House Price, Graph, Homes On Tuesday, the Federal Housing Finance Agency released its latest FHFA Index, showing interest rates on conventional purchase-money mortgages on the rise between December 2017 and January 2018. The FHFA Index is comprised of several different indices, based on
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Marshall Islands Preparing a Cryptocurrency, Two Officials Say

The Republic of the Marshall Islands plans to release its own cryptocurrency to serve as an official legal tender, according to two government officials. Members of parliament voted this week to proceed with the plan, Kenneth Kedi, a senator and the body's speaker, said in a phone interview. A council
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Mortgage Loan Assistant/Processor at Bank of Luxemburg

Assists customers with inquires on their accounts. Promotes other banking services to customers as needed. Qualified candidates will have a minimum of 2-3 years of related financial industry and knowledge of mortgage loan documentation or equivalent combination of education and experience. Word
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Judge Attacked by Trump Won't Block Border Wall in California

A federal court judge once accused by President Donald Trump of being biased against him because he's “Mexican” and a “hater” paved the way for construction of a section of Trump's proposed wall along the U.S. southern border. U.S. District Judge Gonzalo Curiel in San Diego sided Tuesday with the
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Home services lending lincoln ne

HomeServices Lending Locations. HomeServices Lending, LLC does not offer loans in all states. Get information, directions, products, services, phone numbers, and reviews on Home Services Lending in Lincoln, NE. Edina Realty HomeServices Lending – Kansas City 1153 Ne Rice Road, Lee's
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House Passes Legislation That Aims to Curb Online Sex Trafficking

… that Backpage.com provided an advertising platform for teen prostitution. The site argued it was protected by a 1996 law that relieved online platforms of responsibility for content posted by third parties. — With assistance by Justin Sink, and Yueqi Yang. Before it's here, it's on the Bloomberg Terminal.
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Sodastream International Ltd (SODA) Shares Bought by Clal Insurance Enterprises Holdings Ltd

The institutional investor owned 69,787 shares of the company's stock after buying an additional 50,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 0.32% of Sodastream International worth $4,909,000 at the end of the most recent quarter. Other institutional
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Real estate daily market update: February 27, 2018

Certain markets with higher average incomes (and thus more households likely to itemize deductions) and property tax rates may see larger direct impacts on house prices ranging as high as around two percentage points. But the largest effect will come through higher mortgage rates, which impacts all
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Senior Business Banking Insights Analyst in Columbus at Huntington

New Career Opportunity! Huntington National Bank has an opening for a Senior Business Banking Insights Analyst in Columbus, OH.
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Petnatonix to perform at Ruoff Home Mortgage Music Center on September 8

The group will perform on Saturday, September 8 at the Ruoff Home Mortgage Music Center as part of their 39-city North American tour produced by Live Nation. Tickets will go on sale on Friday, March 9 at … The group released their official music video for “Havana” last Friday. You can watch it below.
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UBS Asset Management Americas Inc. Buys 43369 Shares of MGM Resorts International (MGM)

MGM Resorts International logo UBS Asset Management Americas Inc. boosted its stake in shares of MGM Resorts International (NYSE:MGM) by 3.5% in the 4th quarter, HoldingsChannel reports. The fund owned 1,266,039 shares of the company's stock after buying an additional 43,369 shares during
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Seven Gables to acquire Star Real Estate

Two independent real estate brokerages described as “hidden powerhouses” are merging to form what they claim will be Orange County's fifth-biggest brokerage in number of homes sold, the companies announced Tuesday, Feb. 27. Tustin-based Seven Gables Real Estate is acquiring Star Real Estate
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Blackstone Scores $1.9B Refi for Life Science Property Portfolio

The debt comprises a $1.4 billion first lien mortgage loan—which will be securitized in the BX-2018-BIOA single-borrower CMBS deal and include a horizontal risk retention structure—and a $510 million mezzanine loan, held outside of the CMBS trust. The floating-rate senior loan has an initial term of
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Inside Business Banking and Finance

The chief strategy officer and director of investor relations of Suffolk-based TowneBank broke into the banking industry during high school. “I actually worked part time in a bank my senior year in high school…” he said. “Several of the officers of that bank were CPAs and I admired and respected those
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AGF Investments Inc. Sells 34138 Shares of Mondelez International Inc (MDLZ)

Linscomb & Williams Inc. lifted its position in Mondelez International by 0.3% during the second quarter. Linscomb & Williams Inc. now owns 13,433 shares of the company's stock valued at $580,000 after buying an additional 39 shares during the period. Allen Investment Management LLC lifted its
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January real estate numbers feel chill

Local real estate sales dipped in January, echoing a trend in other southern Ontario communities, but the average price of area homes continues to remain high. Last month, 96 residential properties were sold, down 22.6 per cent from January 2917. “Listings are selling close to the asking price and
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JMAC Lending expands operations, opens new headquarters

“Our new headquarters is JMAC's investment in our business partners,” JMAC Lending's Chief Financial Officer Anthony Pham said. “This sets the tone for our commitment to providing a stable operations center backed by our industry-leading mortgage technology and expertise.We want to demonstrate
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Mortgage REITs: Nice Spread, Nice Dividends

Mortgage REITs: Nice Spread, Nice Dividends

While equity REITs invest in physical properties, mortgage REITs invest in mortgages or mortgage-backed securities (MBS), making them real estate debt owners. Mortgage REITs typically derive their returns from the income produced by the mortgages in their portfolio as well as changes in the
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Should Courts Care Who Wins in a Merger?

We talked last week about appraisal arbitrage, the strategy in which hedge funds buy stock in companies that have announced mergers, vote against the mergers, and then sue in Delaware court to get a court to give them the fair value of their stock. Often, in the not-too-distant past, the court calculated a
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Block Trades in Turkish Airlines Help Keep Share Price Sky-High

The weighted average price that buyers paid for Turkish Airlines stock in February through block trades was 18.39 liras per share, compared with an averaged listed price of 17.19 liras per share over the period, according to data compiled by Bloomberg. The airline rallied more than 14 percent this
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Hong Kong International Diamond, Gem and Pearl Show Opens Today at AsiaWorld-Expo

This year's Show gathers a record number of 1,970 exhibitors from 40 countries and regions, including new exhibitors from Belize and Turkey, to showcase an assortment of jewellery raw materials including exquisite diamonds, precious and semi-precious stones as well as pearls to international buyers.
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May's Allies Slam EU's Irish Brexit Proposals as `Unacceptable'

The European Union's opposition to turning Theresa May's pledge to avoid a border in the Irish Sea after Brexit is unacceptable, according to the Democratic Unionist Party, which keeps her in power. The bloc is resisting British efforts to insert an explicit commitment that Northern Ireland will be treated
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Accor seals sale of majority stake in real estate arm

French hotelier Accor has signed the long-awaited sale of a majority stake in its real estate business to a consortium of investors including the sovereign wealth fund of Saudi Arabia. Europe's largest hotelier by room numbers said on Tuesday after market close that it will sell 55 per cent of AccorInvest to
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Kushner in Talks to Buy Back Vornado Stake in 666 Fifth Ave.

Kushner Cos. says it's negotiating to buy the 49.5 percent of a debt-laden office tower on Manhattan's Fifth Avenue that it doesn't already own from partner Vornado Realty Trust. Christine Taylor, a spokeswoman for Kushner Cos., declined to elaborate on terms for either the purchase or a restructuring of
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Current Mortgage Rates Move Sideways on Tuesday

The markets are tuning in today to hear from the current chair of the Federal Reserve, Jerome Powell. He's up on Capitol Hill before the House as part of a semi-annual testimony. The top dog at the nation's central bank certainly has the power to sway the markets one way or another, but it's unlikely he'll
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How rising interest rates impact your mortgage

Carrington Mortgage Holdings Executive Vice President Rick Sharga on the impact of rising interest rates on the housing market.
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'Smoke and shadow' keep would-be borrowers from identifying the best mortgage deals

Residential mortgages are one of the most expensive commitments most Aussie households will ever shoulder. However, Peter Harris, chairman of the Productivity Commission, has bemoaned the “smoke and shadow” that prevents would-be borrowers from accurately determining the best home loan
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Five homes close to Greater Boston bike trails

We found five homes — in Back Bay, Lexington, Dorchester, Milton, and Hingham — that wil help get the gears turning for home buyers who like to bike.
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sme lending sales professionals in sydney

Our client is leading the way in the Australian 'fintech' market providing business loans to small businesses. Having enjoyed long-term success in the American market – they have brought this blueprint to Australia and having been making waves since introducing their unique online lending solution to
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House version of payday lending bill falters in Senate

INDIANAPOLIS — Legislation that passed the Indiana House and would have put some of the state's most economically troubled citizens at risk is not going to get a hearing in the Senate. House Bill 1319, which would triple the allowable annual percentage rate, or APR, of unsecured consumer
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In marriage of money-losing mortgage companies, Ocwen to buy PHH

In a marriage of struggling mortgage companies, Ocwen Financial of West Palm Beach said Tuesday that it will pay $360 million for PHH Corp. of Mount Laurel, New Jersey. The companies share a common disdain for the federal Consumer Financial Protection Bureau: After the agency imposed hefty
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Ocwen Financial buying PHH Corp. for $360M in mortgage deal

Ocwen, one of the nation's largest mortgage companies, has an office in Fort Washington, according to its latest annual report. Both Ocwen, which is based in West Palm Beach, Fla., and and PHH have had repeated run-ins with regulators. PHH agreed last month to pay $45 million to settle allegations
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The dangers of spending less time inspecting a property

More than half of Australian home buyers look through rose-coloured glasses when inspecting a property they are about to purchase. According to a new poll by ME Bank, 58% of 1,000 property owners admitted spending less than 60 minutes checking out the property they eventually purchased.
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Radian Promotes Derek Brummer to SVP, Mortgage Insurance and Risk Services

In his new role, Brummer will continue to be responsible for credit risk management strategy and policy, while also leading Radian's mortgage insurance and risk services business and the team responsible for all mortgage insurance, credit risk products and operations. His primary focus will be to grow
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Buege named president at Inlanta Mortgage

Before joining Inlanta in 2013, Buege gained experience in roles as senior vice president of business development at Shelter Mortgage; president and chief operating officer at Universal Mortgage Corp.; and assistant vice president of secondary marketing at Fleet Mortgage Corp. He holds a bachelor's
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Committee chairman kills divisive Indiana payday lending bill

INDIANAPOLIS — The chairman on an Indiana Senate committee has killed a payday lending bill that was widely opposed by veterans' advocates and faith groups — including the Indiana House Speaker's own church — who said that it would have legalized lending at rates of up to 222 percent.
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Family considers launching offset mortgage for the self-employed

Family Building Society is exploring whether to launch a residential offset mortgage for the self-employed operating through a limited company. The product, which could launch in the second half of the year, would allow money saved in a deposit account with the society to offset the mortgage balance.
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Host-parasite coevolution can promote the evolution of seed banking as a bet-hedging strategy

Host-parasite coevolution can promote the evolution of seed banking as a bet-hedging strategy

Seed (egg) banking is a common bet-hedging strategy maximizing the fitness of organisms facing environmental unpredictability by the delayed emergence of offspring. Yet, this condition often requires fast and drastic stochastic shifts between good and bad years. We hypothesize that the host seed
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TowneBank moves executive to its Richmond-based Bay Banks

Putney, who has worked in commercial banking for 31 years, now serves as the senior vice president, Hampton Roads market executive, of Virginia Commonwealth Bank. According to a press release from VCB, the announcement “comes after several months of discussions about the opportunities that
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Blackhawks GM Stan Bowman banking on a big 'rebound year' next season

Ten months ago, in the wake of a stunning four-game sweep at the hands of the Nashville Predators, Blackhawks general manager Stan Bowman stood at a lectern before a throng of reporters, clutched his notes, looked directly into the cameras and tried to sound as furious as possible. “I'm completely
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Bill would 'help banks co-locate not vacate' rural areas

A bill to encourage banks to share premises to avoid communities being left with no branches has been proposed by a Plaid Cymru MP. Ben Lake said banks should be helped to “co-locate rather than completely vacate our rural communities”. He said the legislation would also make it harder to close
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Relationship Manager-Commercial Real Estate Banking

Job Description:Bank of America's Commercial Real Estate Team is seeking a Relationship Manager (RM). Bank of America is one of the largestproviders of construction, development, and permanent financi…
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Avast warns of mobile banking Trojans threat

Users were shown images of official mobile banking apps and the fake equivalents. Worryingly, 58% identified the valid app as being a fake and 36% mistook the fake app for the real app. Interestingly when comparing different countries, 67% of users in Spain misidentified the real app. In the US that
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Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card

Bitwala has announced that it is launching a new banking service with real debit cards. Its application with the Federal Financial Supervisory Authority of Germany (Bafin) is pending. Once approved, customers' funds will be guaranteed up to €100,000. The move follows the suspension of the company's
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Federal budget: Ottawa to study merits of 'open banking,' a catalyst for fintech

Ottawa is going to study the merits of introducing “open banking,” which allows consumers' financial data to be shared between banks and other financial services providers, to see if it should be introduced in Canada. It has already been adopted by jurisdictions including the United Kingdom and
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Northview Apartment REIT Announces Q4 and 2017 Financial Results, Continued Strong Same …

Northview continues to monitor interest rates to identify opportunities for reducing its overall borrowing cost. During the three months ended December 31, 2017, Northview completed $164.9 million in mortgage financing with a weighted average interest rate of 2.77% and an average term to maturity of
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Bank of America wants to add 5400 new jobs in national hiring spree

Bank of America said it plans to hire more than 5,400 people as part of a plan to open more than 500 branches nationwide and refurbish older locations. The Charlotte-based bank wants to open the branches over the next four years, it said in an announcement this week – in which it also disclosed plans
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RiverWorks Credit Union gets a boost for small business lending

LYNN — RiverWorks Credit Union has been certified a U.S. Small Business Administration participating lender, which will help them make more member business loans. “The SBA (Small Business Administration) is an agency of the federal government so this is a national loan program that we have,”
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Ocwen Acquires PHH Mortgage for $360M

According to a statement issued by the companies, the closing is expected to close in the second half of this year, with enough available cash on PHH's balance sheet to enable $260 million of the $360 million purchase price to be funded from that source. Ocwen will also assume $119 million of PHH's
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China banking sector's total assets reach 252 trln yuan

BEIJING, Feb. 27 (Xinhua) — Total assets in China's banking sector saw steady growth in the past few years despite economic headwinds, with leading domestic players assuming greater presence in the global system. By the end of 2017, the total assets of China's banking industry reached 252 trillion
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Why Reverse Mortgage Lenders Are Attractive Targets for Cybercrime

Cyberattacks have made weekly — and sometimes even daily — headlines in recent months, from landmark data breaches such as those experienced by credit bureau Equifax and insurance provider Anthem. And mortgage companies are increasingly a target, says one expert who has studied the
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First National Financial Corporation Reports Fourth Quarter and Annual 2017 Results

“First National's efficient business model and diversified position as Canada's largest non-bank mortgage lender and largest commercial mortgage lender delivered strong shareholder returns in 2017,” said Stephen Smith, Chairman and Chief Executive Officer. “After-tax Pre-Fair Market Value return on
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Mobile ransomware & banking malware thrive as hackers put focus on mobile

With over two billion mobile phone users across the world expected to use mobile banking apps and services by 2020, Trend Micro also observed a major rise in banking malware attacks on mobile devices, while describing new variants as more obfuscated, persistent, and flexible. Overall, the firm
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PNB fraud done, Nirav Modi fled but can future banking scams be prevented?

Following Bangladesh Bank heist in 2016 of USD 81 million, Reserve Bank of India (RBI) had issued an advisory to all the banks asking them to ensure that their computer systems running core banking solutions (CBS) were properly integrated, wherever required, with SWIFT (Society for Worldwide
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Silverton Mortgage Specialists Acquired by Buffett Subsidiary

The acquisition will not cover the Silverton Foundation, a nonprofit organization that provides mortgage and rent assistance for families with hospitalized and critically ill children. The foundation will continue to operate under the direction of Moffitt and its volunteer committee with support from loans
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AG Mortgage Investment Trust, Inc. Reports Fourth Quarter and Full Year 2017 Results

NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (“MITT” or the “Company”) (NYSE: MITT) today reported financial results for the quarter and year ended December 31, 2017. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified
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Who says physical banking is dead? Bank of America to open 500+ new branches

Maybe those rumors about the demise of bank branches are being greatly exaggerated, after all. While some big banks are pulling the plug on their physical locations as more customers go digital, a couple of major players are bucking the trend and getting ready to open hundreds of new branches over
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MultiFamily Housing Leader WinnResidential Converts Software Platform to RealPage

MultiFamily Housing Leader WinnResidential Converts Software Platform to RealPage

RICHARDSON, Texas–(BUSINESS WIRE)–RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry, announces that WinnResidential, the nation's 5th largest multifamily manager, has elected to replace multiple software providers with the
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Fannie and Freddie Return

Fannie Mae and Freddie Mac both have a role to play to bring consistent liquidity to the market for LIHTCs. “It fits perfectly into Fannie Mae's mission to increase the availability of affordable rental housing—that is what this program does,” says Dana Brown, vice president of LIHTC investments for Fannie
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Elkhart's Salvation Army lending a hand to first responders and displaced homeowners

It's been using its mobile canteen units to provide snacks and food for first responders. On top of that, they've also been helping homeowners displaced by flooding. This scene has been repeated many times over the last four days. A fire department assessment team going through flooded
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Wisconsin banks increased lending, earnings in 2017, FDIC report shows

Wisconsin banks boosted lending and posted higher earnings amid an improving economy in 2017, a report released Tuesday shows. Altogether, the 210 state-based banks insured by the Federal Deposit Insurance Corp. generated net income of more than $1.13 billion last year, up about 4.8% from
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Any Takers For This REIT Known As ACRE?

Similar to these commercial mortgage REITs, ACRE is a specialty finance company that is primarily focused on directly originating, managing and servicing a diversified portfolio of commercial real estate debt-related investments for its own account. ACRE is smaller than many of the peers, as illustrated
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CA Ventures Plans $500 Million Investment in European Housing

CHICAGO–(BUSINESS WIRE)–Chicago-based CA Ventures today announced plans to invest $500 million over the next five years in the European housing market, specifically across the purpose-built student housing and multifamily apartment sectors. A vertically integrated owner, developer and
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Encore Wire (WIRE) Upgraded to Strong-Buy by Zacks Investment Research

According to Zacks, “Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical
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Ramaphosa Walks Tightrope in South African Cabinet Overhaul

South African President Cyril Ramaphosa treaded a fine line between his ruling party's rival factions when he named steady hands to key cabinet posts and purged some of his predecessor Jacob Zuma's most ineffectual appointees. While keeping a handful of Zuma loyalists in largely minor positions,
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All the Ways Regulators Plan to Tame Bitcoin

It took one of the wildest investment manias in history to jolt them into action, but governments around the world are finally starting to regulate cryptocurrencies. Their approaches have run the gamut, from a massive crackdown in China to an exchange-licensing regime in Japan and a largely hands-off
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Interest-only loans set to cost many borrowers their homes

Lenders have been writing to customers before their mortgage matures, but the FCA says customer engagement rates have been low. Also, the FCA says borrowers should remember it's their responsibility to pay off the loan, and the earlier they speak to their lender or mortgage adviser, the more time
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Franco's grandchildren face battle to inherit dictator's 'war plunder'

The seven grandchildren of General Francisco Franco, Spain's former fascist dictator, are regular grist for the gossip mill — their divorces, marriages and fancy dress balls featuring prominently in Madrid's glossy magazines. Now a battle about the family fortune has thrust them further into the spotlight as
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Pennymac Financial Services, Inc Has Bullish Trade, Matthew Lindenbaum's Basswood Capital …

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.26, from 1.32 in 2017Q2. It is negative, as 13 investors sold PennyMac Financial Services, Inc. shares while 22 reduced holdings. 12 funds opened positions while 25 raised stakes. 21.18 million shares or 4.21% more from 20.32 million
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Will stock plunge hurt US economy? Depends how long it lasts

Since the recession, consumer spending has grown about one penny for each dollar of additional stock market and housing wealth — down from 3.5 cents before the downturn — said Michael Feroli, an economist at JPMorgan Chase. As a result, spending might not fall as much this time. Even if the
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Property Loan Pipeline Surges to $13.2B and More Hong Kong Real Estate Headlines

Leading today's Hong Kong roundup, the city's pipeline of real estate funding has surged to $13.2 billion, the highest since the second quarter of 2015, as developers bag big bank loans. Also in the headlines, construction of small flats hit an 18-year high last year, and a Hong Kong investor has joined in
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Will the current stock plunge hurt US economy?

A key reason is that Americans have been a bit more frugal for the past decade, with many regarding their housing or stock market wealth as more ephemeral than they did in the past. Since the recession, consumer spending has grown about one penny for each dollar of additional stock market and
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Are Analysts Bullish Independent Bank Corporation (NASDAQ:IBCP) After Last Week?

Denver Investment Advisors Limited Liability Company reported 7,293 shares. … Tiaa Cref Invest Ltd Liability Company accumulated 54,896 shares. … It also provides title insurance, and investment and insurance services; and acquires and services payment plans used by clients to purchase vehicle
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Severn Bancorp Inc: Hyatt Alan J Bought Stake

… “Severn Bancorp, Inc. Announces Purchase of Title Company” on July 10, 2017. More interesting news about Severn Bancorp, Inc. (NASDAQ:SVBI) was released by: Prnewswire.com and their article: “Severn Bancorp, Inc. Purchases Mid-Maryland Title Company” with publication date: September 06,
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McColl vows to think local with new investment bank

McColl told The Sunday Times that his investment bank, which he hopes to launch in the next 15 to 18 months, would operate in Scotland and the English regions outside London and the southeast, competing directly with high street lenders to provide investment and loans to small businesses. McColl
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Tarpley Music Band Member Spotlight: Michael Valasquez

He's also mastering origami and is building a “fortune-telling” collection by making a variety of “fortune-tellers.” When asked about future career plans and the possibility of a musical career, Michael responded by saying, “I see myself having a few other options other than my musical career.” He said that
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Israel, Iran Lurch Toward Confrontation as Border Region Boils

The remains of an Israeli F-16 that crashed in northern Israel on Feb. 10. Photographer: Jack Guez/AFP via Getty Images. Israel and Iran moved closer to confrontation in Syria as rising tensions erupted into the most serious standoff between the sides since the Syrian civil war began seven years ago.
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UWM Launches Conventional High-Balance Loans Nationwide

UWM Launches Conventional High-Balance Loans Nationwide

“The roll-out of High Balance Nationwide opens up a huge business opportunity for mortgage brokers throughout America,” said Mat Ishbia, UWM President and Chief Executive Officer. “This is a win-win for consumers and our Mortgage Broker network, and we are excited for this product to make a big
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The $1 Trillion Debt Boom That's Making Emerging Markets Safer

Local-currency bond sales in emerging markets this year exceeded $1 trillion, almost triple the amount raised in the same period last year and dwarfing the $160 billion in hard-currency issues, according to data compiled by Bloomberg. Domestic sales have increased almost five-fold in the past five
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Banks can "do what they want" in leveraged lending: Otting

Banks can “do what they want” in leveraged lending: Otting. 27 February 2018 By Eleanor Duncan. This content is only available to IFRe.com subscribers. This content is available to IFRe.com subscribers. Please login if you have a subscription. Alternatively, you can request a trial, or contact your IFR
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Chinese dragon fruit with rose fragrance tests the waters of international markets

“The 'Jindu number one' Red Heart dragon fruit received high praise from overseas traders during the recent Fruit Logistica in Berlin. Many of the participating traders expressed a strong intention to purchase the dragon fruit after they tasted it. Some even signed a contract with us on the spot.” This is
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To attract top talent, USA Mortgage turns ownership over to its workers

USA Mortgage's owner is offering an employee stock ownership plan with the aim of helping it staff up as it expands outside its home market. Full-time staff members now can receive shares in USA Mortgage's owner, DAS Acquisition Co., if they complete 160 hours of service and meet other qualifying
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Is Buying Csg Systems International Inc (NASDAQ:CSGS), Having Lower Short Interest a Winning …

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.21, from 1.2 in 2017Q2. It fall, as 17 investors sold CSG Systems International, Inc. shares while 61 reduced holdings. 17 funds opened positions while 60 raised stakes. 29.73 million shares or 0.06% more from 29.71 million shares in 2017Q2
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NTC promotes vice president

Nationwide Title Clearing (NTC) has promoted Debbie Lastoria to vice president of national sales, the company announced. Lastoria previously served as NTC's vice president of business development. “Debbie is a natural fit for this expanded role and will now be responsible for leading the effort to
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Wells Fargo Accused Of Preying On Black, Latino Homebuyers In California

Last year, Philadelphia filed a similar lawsuit, citing former employees who alleged the bank encouraged workers to push the use of higher-cost loans to minorities. Baltimore and Miami have also accused Wells Fargo of discriminatory mortgage lending. Sacramento argued that Wells Fargo has a long
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Michigan State to pay outside Title IX investigators $550 per hour

The contract, provided by MSU, shows the company, Kroll, will send two or more two persons teams to the university to conduct the investigate complaints filed under the university's Title IX Relationship Violence and Sexual Misconduct Policy. In addition to the hourly rate, the university will be charged
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Controversial payday lending bill falters in Senate

The proposed law would have allowed lenders to offer loans of three to 12 months ranging from $605-$1500 with an APR of up to 222 percent. APR measures the cost of borrowing as well as related fees and other charges. The APR for payday loans is often much higher than the advertised interest rate
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Melissa Raffanello Joins Chelsea Groton Bank Lending Center

From Chelsea Groton Bank: Melissa L. Raffanello recently joined Chelsea Groton Bank as a Residential Loan Officer, based at the Bank's Lending Center in Glastonbury. In this position, Melissa will work with clients throughout Hartford and Litchfield Counties in need of a variety of lending solutions,
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The Women's Theater Company Presents [title of show] by Jeff Bowen and Hunter Bell

(PARSIPPANY, NJ) — The Women's Theater Company, a professional theater company in Parsippany, NJ, presents [title of show] written by Jeff Bowen and Hunter Bell. The play involves two struggling writers who hear about a new musical theater festival. However, the deadline for submissions is just
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Class to teach first-time home buyers how to improve credit, negotiate, maintain a home, etc.

Speakers will cover the topics of homeownership readiness, budgeting and credit, repairing credit problems, financing, types of mortgage loans, loan application and the approval process, shopping for a home, making an offer, negotiation, the elements of a purchase contract, tips on maintaining a home,
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Orders for US Business Equipment Unexpectedly Fell in January

Non-military capital goods orders excluding aircraft declined 0.2% (est. up 0.5%) after falling 0.6% the prior month; Shipments of those goods, which are used to calculate gross domestic product, rose 0.1% (est. up 0.3%) after an upwardly revised 0.7% increase; Bookings for all durable goods, items
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Huntsman School Investigates Bank Discrimination in Small Business Lending

USU is part of a research team that has received a $1.2 million grant to support.
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ECB's Weidmann Insists QE Can End in 2018 Even as Inflation Dips

The Bundesbank president said in a Bloomberg Television interview that guidance on interest rates is “rather vague” and should be strengthened. He also sees no reason why QE can't be halted this year. The ECB currently pledges to buy debt until at least September and expects to keep interest rates
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FICO® Scores Used in Over 90% of Lending Decisions According to New Study

New research from Mercator Advisory Group has found that in the United States, FICO® Scores were in 2016 used in more than 90% of lending decisions, including credit cards, mortgages, and automobile financing. In addition, Mercator performed a study of the frequency in 2016 and 2017 of FICO
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US Prescription Drug Costs Are a Crime

President Donald Trump has complained that U.S. drug companies are “getting away with murder.” For once the hyperbole is forgivable: It suggests he takes the problem of drug costs seriously and might be willing to do something about it. Unfortunately, his administration's efforts up to now suggest the
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Martin Cosgrove quits Goldman Sachs

Goldman Sachs has confirmed that Martin Cosgrove has resigned from his position as managing director, equities, head of securities lending. Cosgrove has worked at Goldman Sachs since 1988, serving just under 20 years. His resignation from the board of Equilend is logged as 5 February on the UK
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Postcode lottery for first time buyers in Scotland as average deposit reaches £45000 in some areas

Tony Rice, organiser of First Time Buyers Fortnight, a campaign to help first-time buyers get on the property ladder which begins tomorrow, admitted the housing market is a “scary place” and getting on the housing ladder can seem like “an impossible climb”. Scottish Housing Minister Kevin Stewart said
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Hispanic Homeownership Rate on the Increase

Hispanic Homeownership Rate on the Increase

The report claimed that the Hispanic population grew by one million last year, accounting for 51 percent of U.S. population growth. Hispanics were also credited with having a higher workforce participation rate than any other ethnic or racial demographic, with 66.1 percent of adult Hispanics participating
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San Francisco Was Tops for Housing Permits in 2017

Last year, San Francisco added 6,270 housing permits—and while that number might not elicit immediate gasps, it nonetheless represented a nearly 95 percent spike above its average for the last 36 years. In recognizing San Francisco's achievement, Trulia noted that “the city is becoming more
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No Surprise Here: Home Prices Are Still Increasing

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.3 percent annual gain in December, up from 6.1 percent in the … While the price increases do not suggest any weakening of demand, mortgage rates rose from four percent to 4.4 percent since the start of the year.
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Taiwan urges calm over panic buying of toilet paper

… to buy,” Premier Lai Ching-te told reporters yesterday according to Agence France-Presse. “The supply is sufficient.” The panic buying started after major supermarkets were informed by toilet paper manufacturers of a 10- to 30-per-cent price hike from mid-March due to rising international pulp prices.
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People on the Move 2.27.18

Charles A. Richman, who has more than 40 years' experience in state government, has been appointed executive director of the New Jersey Housing and Mortgage Finance Agency (NJHMFA). For the past 31 years, Richman had worked at the New Jersey Department of Community Affairs (DCA),
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Financial Sector Update for 02/27/2018: NMIH,BCS,CVBF

NMI Holdings ( NMIH ) declined Tuesday, falling almost 7% to a session low of $20.20 a share, after the surety and title insurance company late Monday disclosed plans for a public offering of 3.7 million shares of its common stock. After first paying underwriter discounts and other offering costs, the
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Silverton Mortgage announces acquisition by Vanderbilt Mortgage and Finance Inc.

Silverton Mortgage Specialists Inc., with three locations in Cobb County, announced that it has signed a definitive agreement to join the Berkshire Hathaway family of companies through an acquisition by Vanderbilt Mortgage and Finance Inc. It is anticipated that this strategic transaction will enable
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New Suggested Program Aims to Help Student Loan Borrowers Buy a Home

In late February, a state representative in Pennsylvania said he would introduce legislation for individuals and couples with student loan debt to obtain a zero-interest mortgage, to be used against the buyer's student loan debt. The catch? They would be required to buy a home from (or take out a
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Comcast Seeks Control of Broadcaster Sky, Countering Murdoch and Disney

Comcast has said that buying Sky would help it expand in Europe, where the broadcaster has 23 million customers and owns rights to show the English Premier League and other professional soccer leagues. Disney, too, has been keen on expanding internationally, with the British company serving as
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Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path

Fed Chair Jerome Powell will tell Congress he expects rates to rise. Bloomberg's Mike McKee reports. Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to
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Comcast offers $31 billion for European pay-TV giant Sky

For Comcast, buying Sky would allow it to continue to bulk up at a time of frenzied media consolidation. Telecommunications behemoth AT&T is trying to buy media company Time Warner Inc., which owns CNN and HBO, and Disney in December swooped in with its $52.4-billion bid to buy much of 21st
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Hispanic homeownership undeterred by immigration, inventory frets

Despite concerns about U.S. immigration policy and housing inventory shortages, the Hispanic homeownership rate increased for the third consecutive year in 2017. The rate increased to 46.2% from 46% in 2016. The high point was 49.7% in both 2006 and 2007, according to a report from the National
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Warren Buffett Is Even Better Than You Think

The Oracle of Omaha released his latest annual letter to shareholders of Berkshire Hathaway Inc. on Saturday. It's a good excuse to marvel anew at Buffett's track record, particularly at a time when stock pickers are losing their aura. Buffett famously likes to invest in companies that are highly profitable
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Laurion Capital Management LP Upped Bristol Myers Squibb Co (Put) (BMY) Position; Investors …

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $364.00 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance
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MNCAR's Top Brokers: Volunteer of the Year

Barb Chirinos is a vice president and national business account executive for Old Republic Title. She started her title insurance career in 1984 with Title Insurance Company of Minnesota, which later became Old Republic Title, and rejoined the company in 2015 after spending 27 years with another
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Royal Commission goes after members of the Big Four

The first topic to be examined will be residential mortgages, with the commission closely assessing case studies involving National Australia Bank (NAB), CBA-controlled Aussie Home Loans, and CBA. NAB's practice of paying “introducers” (i.e. people outside the bank who're allowed to collect fees for
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McDermott International Inc (NYSE:MDR) Short Interest Update

ValuEngine lowered McDermott International from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. KeyCorp reissued a “hold” rating on shares of McDermott International in a research note on Friday, November 10th. Citigroup raised their price objective on McDermott
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Is Buying Expeditors International of Washington, Inc. (EXPD) Here a Winning Strategy?

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.02, from 1.06 in 2017Q2. It fall, as 29 investors sold Expeditors International of Washington, Inc. shares while 155 reduced holdings. 43 funds opened positions while 149 raised stakes. 160.89 million shares or 0.51% less from 161.72 million
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US Consumer Confidence Is at 17-Year High

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday.
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CapitalRise names new head of lending

Prior to this, he served in the real estate finance team at the Bank of London and the Middle East (BLME) and is also a director and board member of the Association of Property Lenders. At CapitalRise, Steffan will be responsible for all new lending and management of the loan portfolio, bringing his
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ABA 2018: How Community Banks Can Use Tech to Get into Digital Lending

ABA 2018: How Community Banks Can Use Tech to Get into Digital Lending

Digital lenders such as CommonBond, LendingClub, OnDeck, Prosper and SoFi may seem like the barbarians at the gates for many banks, and community banks in particular. Jason Henrichs, managing director at FinTech Forge, used that term to describe the fintech startups trying to disrupt the lending
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Tighter lending restrictions might be on the way

Despite louder calls for the Australian Prudential Regulation Authority (APRA) to loosen lending curbs amid declining home prices, industry experts think it is more likely that the opposite will happen. Digital Finance Analytics principal Martin North said more tightening in the form of a rate rise or
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Case-Shiller: Are home price increases leveling off?

“Within the last few months, there are beginning to be some signs that gains in housing may be leveling off,” said David Blitzer, S&P Dow Jones Indices managing director and chairman of the index committee. “Sales of existing homes fell in December and January after seasonal adjustment and are now
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Wells Fargo accused of preying on black and Latino homebuyers in California

“Wells Fargo's discriminatory lending practices place vulnerable, underserved borrowers in loans they cannot afford,” said the lawsuit, which was … that Sacramento's allegations “do not reflect how we operate in the communities we serve” and that the bank plans to “vigorously defend” its lending record.
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Ford Takes Driverless Delivery Demos to Congested Miami Roadways

Ford Motor Co. is taking its driverless delivery trials to South Beach to continue testing consumer response to receiving pizzas and packages from the back of a robot ride. The automaker is deploying a handful of delivery vehicles on the clogged byways of Miami and Miami Beach to serve up Domino's
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Committee chairman kills divisive payday lending bill

An Indiana Senate committee chairman has killed a payday lending bill that critics charge would have allowed predatory lending practices. A spokesman for Republican Sen. Mark Messmer said Tuesday that the Jasper Republican ruled out giving the bill a hearing in his Commerce and Technology
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New Data Released by California Department of Housing and Community Development Increase …

BUSINESS WIRE)–The California Department of Housing and Community Development (HCD) has released new data that increase transparency of … “We look forward to continued partnerships with our cities and counties as they work to increase the amount of housing choices for Californians at all
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That insurance ad with your lender's name on it isn't really from your lender

After receiving complaints, both the states of New Hampshire and Illinois slapped the company with cease and desist orders, demanding it stop using the name of financial institutions in its advertising in those states. Get Gephardt called Mortgage Protection Insurance Services to ask about all of this.
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JPMorgan's Trading Revenue Is on Pace to Jump, Pinto Says

JPMorgan Chase & Co.'s trading revenue is on pace to increase by “mid to high single digits” in the first three months of 2018 with a spike in market volatility poised to help Wall Street firms break a three-quarter slump in that business. “Clearly, the year has started well,” Daniel Pinto, who oversees the
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Chile looks to collaborate on blockchain sec lending system

Representatives from the Bolsa de Santiago want to develop their securities lending model with the help of foreign players.
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The Crypto-Futures Revolution Is Just Starting

Futures linked to cryptocurrencies besides Bitcoin may have just gotten a step closer to reality. Cboe Global Markets Inc., which introduced Bitcoin futures in December, finished upgrading the technology at its futures exchange over the weekend, according to a statement Tuesday. President Chris
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'Amazon Effect' Is Hiking Pay and Fueling Land Rush in US

All were there to tap the warehouse boom in Jackson County, about 50 miles northeast of Atlanta. Since 2015, at least 31 e-commerce fulfillment centers and other distribution depots have opened or are under development. The list of arrivals includes Amazon.com, Williams-Sonoma, and FedEx.
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Why You Need To Look At This Factor Before Buying Weight Watchers International Inc (NYSE:WTW)

If you are a shareholder in Weight Watchers International Inc's (NYSE:WTW), 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 WTW.
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Trust Co. of Vermont Purchases 6571 Shares of Mondelez International Inc (MDLZ)

Trust Co. of Vermont boosted its position in Mondelez International Inc (NASDAQ:MDLZ) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,657 shares of the company's stock after buying an
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Banking crisis: Re-examine lending practices and fix the incentive problem

The incentive problem was highlighted by economists Abhijit Banerjee, Shawn Cole and Esther Duflo in a research paper, Default and Punishment: Incentives and Lending Behaviour in Indian Banks. The three economists pointed out that banks need to provide incentives to their employees to increase
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Cerberus Hands Bankrupt Gunmaker to Wall Street Creditors

Franklin, which was the biggest holder of Remington's senior loan as of the company's bankruptcy announcement, according to Bloomberg data, has $450 billion under management. Kristen Chambers, a spokeswoman for JPMorgan Asset Management, and Stacey Coleman, a spokeswoman for
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JPMorgan Says Higher Rates May Fuel $7 Billion Profit Boost

JPMorgan says profits could rise by $7 billion in coming years. Bloomberg Intelligence's Alison Williams reports. JPMorgan Chase & Co.'s profit could increase $7 billion in coming years from rising U.S. interest rates and accelerating loan growth. The bank boosted its outlook for medium-term pretax
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Shawbrook commercial hires lending manager

Shawbrook's commercial property division has hired Anthony Harrison as lending manager. He has nearly 40 years' experience in the banking sector. Harrison said: “I was attracted by Shawbrook's use of specialist knowledge and personalised approach to underwriting. Santander's seductive salsa
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Ultra Wealthy Are Being Lured to Italy by Low Tax Rates

Millionaires from Russia to Norway and the U.S. are seeking to take advantage of Italy's low tax rates for the super-rich. In an effort to attract capital, Italy unveiled a measure last year allowing ultra-wealthy individuals taking up residency to pay a flat tax of 100,000 euros ($123,000) a year, regardless of
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Title Source unveils massive rebranding, becomes Amrock

“We've grown exponentially since Title Source began in 1997, and our new brand identity matches the countless advancements we have made in our technology, products and services,” Eisenshtadt continued. “Amrock signifies the future of our company and its industry-leading position delivering
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Standard Chartered releases 2017 results

Standard Chartered releases 2017 results

Standard Chartered earned $3 billion in 2017, a 175 percent increase in its profit before tax, according to its annual results for 2017. The bank reported that its statutory profit before tax was $2.4 billion. Regulatory costs rose 15 percent, due to the introduction of certain regulations, including the
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Blockchain: Can Smart Contracts Replace Lawyers?

The parties typically agree on a title company to prepare and file all required paperwork and (most importantly) to hold funds in escrow while each of the above steps are taken. This ensures, among other things, that the seller doesn't simply abscond with the purchase funds and leave the purchaser with
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Angel Oak Companies Sets Standard for Non-QM Lending

ATLANTA–(BUSINESS WIRE)–Angel Oak Companies proudly announces a record-breaking year for its three affiliated lending units, Angel Oak Mortgage Solutions, Angel Oak Home Loans and Angel Oak Prime Bridge. In addition to growing staff and expanding geographically, the lending units
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Big US airlines' foreign buying spree raises competition questions

Delta's parent company has been on a buying spree and now owns stakes in Air France/KLM, Virgin Atlantic, China Eastern and GOL. … are buying big stakes in foreign carriers, a push they say gives fliers access to more international destinations but critics say only makes it harder for smaller foreign
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Honeywell International Inc. (HON) Stake Decreased by Donaldson Capital Management LLC

Janus Henderson Group PLC lifted its position in shares of Honeywell International by 4,986.7% during the 2nd quarter. Janus Henderson Group PLC now owns 4,395,092 shares of the conglomerate's stock worth $585,822,000 after buying an additional 4,308,688 shares during the last quarter.
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Activists Fear Arizona Will Let Companies Prey in a 'Regulatory Sandbox'

Currently, the main concern for community advocates is that sales finance companies — mostly notably auto title lenders — would be able to participate in the sandbox. Since Arizona outlawed payday lending in 2010, auto title loans, which allow you to put up your car's title in exchange for some quick
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Mozambique apex bank cuts benchmark lending rate to 19 percent

Mozambique's central bank has slashed its benchmark lending rate by 150 basis points to 19 percent, the lowest since September 2016.In a statement on Tuesday, the bank's Monetary Policy Committee said the Compulsory Reserves Coefficient – the amount of money that commercial banks must
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Lending to eurozone firms picks up in January: ECB

The pace of growth in lending to eurozone businesses picked up in January, European Central Bank data showed on Feb. 27, in a welcome piece of news for the institution as it eyes an exit from its easy money policy. Credit to firms grew 3.4 percent year-on-year adjusting for some purely financial
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Q1 2018 EPS Estimates for TPG Specialty Lending Inc Lifted by SunTrust Banks (TSLX)

TPG Specialty Lending Inc (NYSE:TSLX) – Equities research analysts at SunTrust Banks lifted their Q1 2018 earnings per share (EPS) estimates for TPG Specialty Lending in a note issued to investors on Thursday. SunTrust Banks analyst D. Mewhirter now forecasts that the financial services provider
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Detroit-Based National Title Insurance and Settlement Services L

“The Amrock brand is a reflection of who we are today, a leading edge provider of FinTech services to the real estate and mortgage finance industries,” said Jeff Eisenshtadt, Amrock CEO. “We've grown exponentially since Title Source began in 1997. Our new brand identity matches the significant and
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Fintech business lenders to self-regulate

It identified some questionable practices, such as contracts requiring borrowers to pay the full contracted interest amount of the loan on early repayment after borrowers were told there are no early repayment fees. The survey found lending contracts were often complex and half of the fintechs described
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Goldman Sachs securities lending veteran departs

It also appointed Kevin Kelly as global head of securities lending. Cosgrove is the latest high profile departure for the securities lending industry. Earlier this month Northern Trust's head of international securities lending, Sunil Daswani, announced his surprise departure after serving over 15 years with
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Lending pace decelerates slightly in Connecticut

Connecticut banks extended an additional $4.9 billion in loans in 2017, a 6.4 percent increase that was a slightly lower pace of growth from the year before, but still ahead of the 2017 lending gains for the United States as a whole. The Federal Deposit Insurance Corp. published on Tuesday updated
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Gross mortgage lending up 9.7%

“Gross mortgage lending in January increased by almost 10% compared [with] the same period last year, and was higher than the monthly average, as customers took advantage of mortgage deals on offer at the end of 2017.” Jonathan Sealey, CEO at Hope Capital, added: “This rise suggests that the
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Mortgage approvals start the year with a bounce

Mortgage approvals by the main high street banks recovered from a poor end to 2017 but are still down annually, lending figures show. Data from banking trade body UK Finance, shows high street brands Barclays, Lloyds, HSBC, RBS, Santander UK, TSB and Virgin Money approved just 28,721
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Arbuthnot Latham launches new Commercial Banking Asset Based Lending Division

Arbuthnot Latham & Co., Limited, the private and commercial banking and wealth management arm of the Arbuthnot Banking Group PLC, today announces the launch of Arbuthnot Commercial Asset Based Lending Ltd. The new division has been launched to provide businesses with a comprehensive
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Powell: We take a serious view on racial discrimination in lending

In front of the House Financial Services Committee, Federal Reserve Chair Jerome Powell answers questions from Rep. Gregory Meeks (D-N.Y.), about the Community Reinvestment Act (CRA) and fair lending practices.
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Title VII Evolution Continues: Another Appeals Court Finds Sexual Orientation Discrimination …

She complained to the company, which in turn fired Zarda for violating company policy. Zarda, however, believed his termination was motivated by his sexual orientation and brought suit against his former employer, including a claim for gender discrimination under Title VII in his lawsuit. After several
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Women's Theater Company Presents [title of show]

[title of show] runs March 9-18 Fridays and Saturdays at 8 pm and Sundays at 3 pm. Tickets are $25 for adults and $20 for seniors. To purchase tickets online please visit www.womenstheater.org or call 973 335 3038. The Women's Theater Company is located at the Parsippany Playhouse at 1130 Knoll
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CFPB announces Feb. 28 and March 13 meetings of Consumer Advisory Board subcommittees

The Consumer Lending subcommittee meeting will take place on February 28, 2018 from approximately 1:00 p.m. to 2:30 p.m. EST. The Mortgages and Small Business Lending Markets subcommittee meeting will take place on March 13, 2018 from approximately 1:00 p.m. to 2:30 p.m. EST. The notice
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Investors Title (ITIC) Getting Somewhat Favorable Media Coverage, Accern Reports

Investors Title (ITIC) Getting Somewhat Favorable Media Coverage, Accern Reports

Investors Title logo Media stories about Investors Title (NASDAQ:ITIC) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of
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Comcast challenges Murdoch's Fox with $31 billion offer to buy broadcasting group Sky

Rupert Murdoch's Twenty-First Century Fox had already agreed on a deal to buy 61 percent of the U.K.-based broadcasting group it does not currently own. The latest … Adding Sky to the Comcast family of businesses will increase our international revenues from 9 percent to 25 percent. We believe that
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Baxter International Inc (BAX) Holdings Boosted by Swiss National Bank

Baxter International logo Swiss National Bank raised its position in Baxter International Inc (NYSE:BAX) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,240,139 shares of the medical instruments supplier's stock after buying an
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Contrasting New York Mortgage Trust (NYMT) & KKR Real Estate Finance Trust (KREF)

New York Mortgage Trust (NASDAQ: NYMT) and KKR Real Estate Finance Trust (NYSE:KREF) are both small-cap financials companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst
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Lender and Bank Mergers Continue; Powell: More Short Term Rate Hikes

Silverton Mortgage Specialists, Inc., headquartered in Atlanta, Georgia, a distributed Retail Mortgage company licensed in 11 states, announced it has signed a definitive agreement to join the Berkshire Hathaway family of companies. With the acquisition by Vanderbilt Mortgage and Finance, Inc. it is
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Detroit-Based National Title Insurance and Settlement Services Leader Title Source, is Renamed …

DETROIT, Feb. 27, 2018 /PRNewswire/ — After more than 20 years providing industry-leading services, the nation's largest independent provider of title insurance, property valuations and closing services today announced it has changed its name from Title Source to Amrock. The new brand and identity
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Websites That Pay Users With Blockchain Aim to Disrupt Facebook

David Kadavy used to post on Facebook without expecting to get paid. Then blockchain came along. After stumbling onto a new corner of the internet based on the digital-ledger technology, Kadavy said he gets paid to post his blog and podcast on Steemit, a website whose text are saved on a
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Manhattan Landlords Cut Deals to Stave Off Vacant Storefronts

Just four years ago, the new owner of 115 Mercer St., a low-slung building in the heart of Manhattan's Soho shopping district, managed to swiftly replace its tenants and lure retailers willing to shell out record rents. Now, that same landlord has to fight to get one of them to stay. The Kooples, a French
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Dalio Says Central Banks Face Challenge After 'Goldilocks' Phase

Bridgewater had amassed about $18.45 billion in bets against Europe's biggest stocks, Bloomberg reported Feb. 26, as peers are mostly wagering Eurozone equities will rise, regulatory filings show. His bearish bets on European stocks, which included Total SA, Societe Generale SA, had dropped from
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Mueller Risk Index Warns of Market Declines as Probe Continues

As Special Counsel Robert Mueller's investigation into Russian election meddling unfolds, investors should expect stocks to fall on major developments, according to a new index aimed at tracking political risks from the probe. The Mueller Risk Index “suggests that increased risk associated with the
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Rise of the digital piggy bank as children as young as three join the cashless society with …

There was a time when children would look forward to the jangle of coins in their mother's purse or father's wallet, signalling the imminent distribution of their weekly pocket money. But today they are just as likely to check their mobile phone apps for the transfer of cash to their bank accounts. Children as
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Tri Pointe Group, Inc: Dimensional Fund Advisors Lp Makes Purchase

Its financial services operation (TRI Pointe Solutions) includes mortgage financing operations and title services operations. Its mortgage financing operation (TRI Pointe Connect) provides mortgage financing to its homebuyers in all of its operated markets. Its title services operation (TRI Pointe
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Ally Financial Inc (NYSE:ALLY) to Issue Quarterly Dividend of $0.13

Ally Financial logo Ally Financial Inc (NYSE:ALLY) announced a quarterly dividend on Wednesday, January 10th, Zacks reports. Stockholders of record on … Its segments include Automotive Finance operations, Insurance operations, Mortgage Finance operations, Corporate Finance operations, and
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MoviePass Continues Aggressive Growth Push With Limited-Time Theater-Plus-Streaming Bundle

The theater-subscription service MoviePass, in an bid to continue its remarkable growth over the past six months, has announced a new offer that lowers its monthly cost and throws in a subscription to the Fandor home-streaming service. MoviePass allows subscribers to watch one movie per day in
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Steamboat's 'entry level' single family homes top out at $600000

Editor's note: This article is the first installment in a two-part series about the Steamboat Springs and surrounding area's housing market. STEAMBOAT SPRINGS — As the Steamboat Springs real estate market enters late winter 2017/2018, the dynamics that influence home buying are evolving, with
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First National Bank of Michigan nearing opening date

First National Bank makes its banking decisions all locally and has carved out a reputation as a bank for the small business owner or the real estate professional looking to get into investment real estate or development. It currently operates four full-service locations and two loan production offices in
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Molinaro to share 2018 vision; highlight 2017 initiatives

PROPERTY TAXES: 2018 county budget cuts property taxes … Unemployment hovered around the pre-recession level of 4 percent, countywide assessed valuation saw growth for a second consecutive year and the housing market grew based on closed sales, according to the 2017 Annual Report.
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Pennsylvania Real Estate Investment Trust (NYSE:PEI) Rating Lowered to Hold at ValuEngine

Pennsylvania Real Estate Investment Trust logo Pennsylvania Real Estate Investment Trust (NYSE:PEI) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Friday, February 2nd. A number of other brokerages have also recently issued reports on PEI.
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Moving your mortgage could save you up to £4700 a year – but act NOW before interest rates start …

But there is no excuse when it comes to ensuring the mortgage you have is protected from the effects of economic upheaval and the threat of higher interest rates. Sadly, a reluctance to change loan provider is costing homeowners a staggering £10 billion a year – matching the annual cost of online fraud
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MDC (NYSE:MDC) Upgraded at Zacks Investment Research

Zacks Investment Research's price target points to a potential upside of 28.90% from the company's previous close. According … The Company's subsidiaries also provide mortgage financing, insurance and title services, primarily for Richmond American homebuyers, through Home American Mortgage
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Senators approve bill capping interest rates for mortgage, consumer loans

Senators approve bill capping interest rates for mortgage, consumer loans

The senators have passed a draft bill designed to limit the effective interest rate (DAE) for mortgage and consumer loans. According to the version adopted by MPs, the DAE for mortgage loans will not be able to exceed 2.5 times the key interest rate set by the National Bank of Romania (BNR).
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Emerging Markets Bank Lending Conditions Survey – 2017Q4

The composite index1 for the 2017Q4 Emerging Markets Bank Lending Conditions Survey reached 51.2 pts, increasing by 0.4 pts compared to 2017Q3. This is the highest index level recorded since 2011Q2. With this reading our headline index has stayed in expanding territory for two consecutive
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Lenders Fight for Workforce Housing

The speaker is Trent D. Brooks, the recently named president of RED Mortgage Capital, LLC and head of the lender's national production initiatives. The “space” he speaks of is known as “workforce housing”. “Simply put, demand for workforce and affordable housing by far outpaces supply,” he says.
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One of the World's Longest Flights Is in Jeopardy

One of the world's longest flights faces the potential chop unless Qantas Airways Ltd. and American Airlines Group Inc. get their way with U.S. regulators. The airlines have asked the U.S. Department of Transportation a second time to approve a joint venture with antitrust immunity in their bid to deepen
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Buffett's $11 Million Beach House Is Still on the Market

Warren Buffett auctions a lunch date for charity every year, and the winning bid usually stretches to seven figures. He twice sold his used cars to fans for multiples of their Kelly Blue Book value. Someone once even paid more than $200,000 to purchase his old wallet. (It had a stock tip inside.) For those
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Money Manager Tires of `Ridiculous' Rules for S. Africa Debt

The company, which told Bloomberg it plans to release a full report on the issue later Tuesday, announced in 2016 it will stop buying bonds of six state-owned companies because of concerns over governance. Last month it said it wasn't ready to start lending again to cash-strapped Eskom Holdings
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Hospitals are offering bank loans, but patients need to think twice

… a research professor of law at Boston-based Suffolk University and an expert in consumer credit and mortgage finance. “They try to collect the debt.” Johns Hopkins University professor Gerard Anderson, an expert on health-care pricing, has a related concern. “What's the charge [lenders are] using to
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connect ppl thru lending to alleviate poverty

Its a non-profit organization that allows people to lend money via the Internet to low-income entrepreneurs and students in over 80 countries. Kiva's mission is “to connect people through lending to alleviate poverty. Since 2005, Kiva has crowd-funded more than a million loans, totaling over $1 billion .
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Philadelphia Law Would Crack Down on Reverse Mortgage Foreclosures

A new bill before the Philadelphia city council would close a loophole that its author says unfairly targets reverse mortgage borrowers. The proposed legislation, introduced by Councilwoman Cherelle Parker, would prevent reverse mortgage lenders from foreclosing upon homes whose owners have
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Banking royal commission to probe settled cases

Royal commissioner Kenneth Hayne will examine some settled legal cases when the hearings on bank mortgage fraud and irresponsible lending kick off next month. Settlements with customers can provide strong evidence of bank misconduct. Recent letters sent to the major banks by the financial
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India's Biggest Bank Fraud Is Giving Jewelers a Headache

The fraud estimated at $2 billion at one of the nation's biggest banks, allegedly perpetrated by jewelry house owner Nirav Modi, is reminiscent of a diamond company that defaulted five years ago, leading to credit tightening for the industry, India's second-biggest foreign exchange earner.
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Comcast Sets Stage For Sky Takeover Fight With $31 Billion Bid

Disney Chief Executive Officer Bob Iger called Sky a “crown jewel” among Fox assets in a December interview with Bloomberg TV. “It's obviously a huge gauntlet that's been laid down to the Murdochs in relation to their pre-existing offer,” said Alice Enders, head of research at Enders Analysis.
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Starwood and Land Strategies JV acquires real estate portfolio for $232 mln

Starwood Capital Group and Land Strategies Management have acquired a portfolio of residential and commercial real estate assets from Forestar Group for $232 million. The acquisition was made via a joint venture. The assets are located in markets that include Texas, Charlotte, Nashville, Raleigh
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The mortgages loved by the Bank of Mum and Dad

The Bank of Mum and Dad is increasingly looking at mortgage products that get their children on the property ladder, but free them from paying stamp duty. Joint borrower sole proprietor (JBSP) mortgages have grown in popularity since the government removed stamp duty for most first-time buyers, says
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Half of mortgage scheme queries from Dublin

Half of mortgage scheme queries from Dublin. Hugh O'Connell. By Hugh O'Connell Feb 11, 2018. Share this article: Half of mortgage scheme queries from Dublin. More than 2,000 people have called the Rebuilding Ireland Home Loan Scheme helpline and there have been more than 90,000 hits on its
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Lending Trends For 2018

Sandy before we start launching some from things I've got and then we're gonna talk a little bit later today about some different lending. Trends for Tony eighteen. One of the most important points that. I am stressing with buyers. Because purchase money mortgage hey do you wanna buy a house where
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Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Stock Rating Reaffirmed by Guggenheim

Guggenheim reiterated their hold rating on shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF) in a report issued on Wednesday, January 31st. They currently have a $28.00 price target on the financial services provider's stock. Several other equities analysts have also recently issued
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Dimensional Fund Advisors Lp Opened Huge Investors Title Co Position

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.63, from 1.67 in 2017Q2. It fall, as 2 investors sold Investors Title Company shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were reported.
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Could DAH SING FINANCIAL H (OTCMKTS:DAHSF) Go Down After Its Newest Short Interest Report?

It operates through Personal Banking, Commercial Banking, Treasury, Overseas Banking, and Insurance divisions. It has a 2.99 P/E ratio. The Personal Banking segment accepts deposits from individual customers; and provides residential mortgage loans, personal loans, overdrafts, vehicle financing,
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Housing initiative: Over 30 homes since Sept. 16

Clark added there is plenty of potential for more to come into the new home market. Studies have shown there are about 2,000 in the local workforce who drive daily to Austin. The city would benefit greatly if they decided to move or build here. He heard from some applicants that unless the incentive was
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