Report: Amazon Researching A Banking Product

Report: Amazon Researching A Banking Product

Amazon could be looking to partner with major Wall Street banks like JPMorgan Chase & Co. (NYSE: JPM) to offer its clients a “checking-account-like” service, CNBC said. Doing so would expand Amazon's portfolio beyond its core e-commerce platform — which already includes grocery stores and most
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Foreign Demand for Spanish Real Estate surged in Q4 2017, with Brits back in greater Numbers too

According to the latest figures available from the Spanish Land Registrar's Association for the final quarter of last year, foreign demand for Spanish residential real estate grew sharply, as British buyers returned in considerable numbers. Spain's overall housing market expanded by 19.8% in the last
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Strobl lights up Raiffeisen's recovery

At present, international equity buyers looking to gain exposure to the Russian banking sector are limited to state-owned giants Sberbank and VTB, consumer finance specialist Tinkoff and increasingly Kremlin-adjacent private-sector lender Credit Bank of Moscow. “Raiffeisen's Russia franchise is very
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UPDATE 1-Norway's housing prices rose 0.4 pct S/A in February

Even if the start of the year has been weaker than normal, prices are no longer declining,” Chief Executive Christian Vammervold Dreyer said. “It looks like the market has gained a better balance in many cities than we've seen for a long time,” he added. Unadjusted prices rose by 1.1 percent in February
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Is Buying KUEHNE & NAGEL INTERNATIONAL AG SCHI (OTCMKTS:KHNGF), Having Lower …

The stock of KUEHNE &amp NAGEL INTERNATIONAL AG SCHI (OTCMKTS:KHNGF) registered a decrease of 0.01% in short interest. KHNGF's total short interest was 666,800 shares in March as published by FINRA. Its down 0.01% from 666,900 shares, reported previously. With 100 shares average
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'League Of Legends' Dreadnova Miss Fortune Legendary Skin Teaser

Last week, Riot Games released a League Of Legends teaser for a new Miss Fortune Ultimate skin. The “Fortune Industries” file talked about a new “exosuit” and that this bounty hunter needs to capture Bullet Angel Kai'Sa. Fans speculated it was a new skin for MF, the bootylicious buccaneer, but there
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What Trump's tariffs could mean for the housing market

The Trump administration has already imposed duties of as much as 21 percent on Canadian lumber, which accounts for about a third of the softwood used in home construction in the U.S. According to Bloomberg, lumber prices are up more than 30 percent. The levies the president announced last
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'Strategic Security': Why Iraq Needs Russia's S-400 Missile Systems

He added that “many in the region and beyond are opposed to Baghdad buying Russian anti-aircraft systems.” “Their motives are clear: Iraq has become stronger since its victory over Daesh*. The country's regional strength and influence are growing, so the question arises, of how strong Iraq will be
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Italian banks bear brunt of inconclusive election

MILAN (REUTERS) – Investors dumped Italian bonds and banking stocks on Monday (March 5) after a national election delivered a hung parliament and turned the anti-establishment 5-Star Movement into the country's largest single party. The possibility of power passing to a more eurosceptic coalition,
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Warren Buffett real-estate company broadens global reach

New York — A real-estate company controlled by Warren Buffett's Berkshire Hathaway is broadening its global reach, announcing on Monday its first international franchisee, Berlin-based Rubina Real Estate. Berkshire Hathaway HomeServices called Rubina an ideal fit for its network, which its parent
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Mortgage Company of Canada Appoints Faheem Tejani as President

TORONTO, March 5, 2018 /CNW/ – Mortgage Company of Canada (the “Company”), a Toronto-based Mortgage Investment Corporation (MIC), is pleased to announce that Faheem Tejani has joined the Company as President, effective today. Mr. Tejani is a seasoned financial executive with 20 years of
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Direct Private Mortgage Lending and Investors

Unlike other mortgage agents who do not have their own Lenders, I have my own Private Lenders who lend on and to: -1st Mortgages -2nd Mortgages -Business For Self -Construction Financing -Debt…
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Publix grew its real estate portfolio significantly in 2017 — and won't slow down in 2018

Publix Super Markets Inc. continued its real estate buying spree in 2017, adding dozens of new stores and shopping centers to its portfolio. At the end of 2017, the Lakeland-based grocer owned or controlled via ground lease 371 of its 1,167 stores, according to its annual report released March 1.
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Black Knight's Mortgage Monitor: Homes in Lowest Price Tiers Continue to See Greatest …

JACKSONVILLE, Fla., March 05, 2018 (GLOBE NEWSWIRE) — Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based on data as of the end of January 2018. This month, Black Knight looked at the impact of recent interest rate rises on
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There's nothing to fear about modest banking reform

The United States financial system is in desperate need of reform. The hundreds of new rules and regulations imposed by the Dodd-Frank Act have devastated the nation's banks, with compliance costs nearing 83 million paperwork hours and $39 billion. While big banks with armies of lawyers can
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26% of UK respondents expect to buy an alternative fuelled car by 2024

26% of 2,000 UK car buyers are expecting to purchase an electric or hybrid vehicle within six years, 45% of which cited that electric is better for the environment, according to a study conducted by Motorway.co.uk. The inquiry showed that 11% are planning on selecting an electric car while 15% are
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League of Legends Teasers Potentially Point to a New Miss Fortune Skin

An image of a champion with two guns and fiery red hair – both traits that point towards Miss Fortune – was posted on these accounts with the champion facing a wall that appears to be full of crossed-out “wanted” posters. The champ is outfitted in what appears to be a futuristic suit alongside the
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Mortgage Rates on Fixed Loans Keep Rising

Mortgage rates on fixed loans continue to march higher after Federal Reserve Chairman Jerome Powell offered up optimistic commentary on the state of the economy in testimony to Congress last week. As result of his bullish stance, for the week ending March 1, the interest rate on a 30-year fixed-rate
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The UK 'Youthquake' Was All About the Rent

The housing market has always played a role in U.K. politics, and in the British mindset more generally. While Americans have traditionally invested in stocks, Britons have prized real estate. And surging prices have normally been a vote winner. Perhaps the most noted example of this was in the 1980s,
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Competition may force CMBS issuers to pursue higher LTV loans

Growing competition may prompt commercial mortgage-backed securities issuers to accept higher loan-to-value ratios in their deals. “Many market participants believe that increased conduit leverage is required for the CMBS market to effectively compete for future commercial real estate loans and
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Marketplace loans rising in investors' estimation

Marketplace loans rising in investors' estimation

Investments in marketplace or peer-to-peer loans is attracting the attention of asset owners and money managers as the securitization of those loans — and their assessment by ratings agency — grows, according to a Greenwich Associates report issued Tuesday. “The marketplace lending model is
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Monster Hunter: World is now Capcom's Best-Selling Title

Capcom today announced that Monster Hunter: World has surpassed another sales milestone to become the company's best-selling title yet. Monster Hunter: World is doing very well. The game is fantastic, and, just three days after launch, had already shipped five million units. What once was a cult
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Wouldn't it be nice: what the ultra-rich do for fun

However, some trends seem counter-intuitive: real estate as an interest increases in old age and Family reduces.” Splitting the figures by gender reveals that while men and women both share an affinity for business and philanthropy, women are more into art (24.1 per cent) and men are more into sports
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Did This School Play Seal a 13-Year-Old Kate Middleton's Royal Fate?

Often when it comes to love and marriage, when you know you know. Other times, the one you should love and marry is predicted by a fortune teller in a school play who lays out for your character that they are going to marry someone named “William.” This happened to a thirteen-year-old Kate
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Bidding wars and scant supply: Ottawa's housing market finds itself 'listings-starved'

“I've been in real estate since 2004,” said Paul Rushforth, principal of the firm that bears his name, “and I've never seen such a listings-starved market.” How starved? The Ottawa Real Estate Board reported Monday that there were just 3,028 residential properties for sale at the end of February, along
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Reddit CEO Steve Huffman Acknowledges Users Shared Russia Propaganda

Russian trolls used Reddit to spread propaganda in prelude to the 2016 U.S. presidential election, Reddit said on Monday. Reddit CEO Steve Huffman said in a post on Reddit that the company removed a “few hundred accounts” from its social media service that it believed were linked to Russian-based
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Study Says It's Not Too Late to Buy Options For VRTX Stock

Call buying has more than quadrupled put buying during the past 10 days at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), with calls accounting for the top four open positions on Vertex Pharmaceuticals. Specifically, the April
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Opinion: How this Senate banking bill could open the front door to housing discrimination

At a time when harmful rhetoric and policies from the Trump Administration are sowing divisions that attempt to marginalize racial, ethnic and other minorities, Congress should not weaken civil rights law or consumer protections by exempting more than four in five banks and credit unions from a
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Cash signals: Trend reversion questions formalisation of the economy after DeMo and GST

There is little indication that real estate is bustling with activity, leave alone booming, i.e., trends that would explain similar cash operation levels as in the period before DeMo, GST, etc, occurred. It can reasonably be assumed that cash-intensity and use is lower in the latter period. Last of all is the gold
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Mary Beth Henderson Joins PRMI as Senior LO

Primary Residential Mortgage Inc. (PRMI) has named mortgage industry veteran Mary Beth Henderson “We are thrilled to have Mary Beth join our team,” said Kyndle Quinones, PRMI's Severna Park Branch Manager. “With her knowledge and experience, she will help us achieve our goal of financing
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The Best and Worst Places in the US for Women

Subscribe to The Broadsheet, Fortune's daily newsletter on the world's most powerful women. The Gopher State ranked first on measures of economic and social well-being (which made up 60% of the total score). WalletHub measure this through factors like median earnings, unemployment rates, and
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What Airbnb Did to New York City

But as the now decade-old home-sharing platform matured and the number of rental properties proliferated dramatically, a second genre emerged, one that focused on what the service was doing to the larger community: Airbnb was raising rents and taking housing off the rental market.
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Shadow banking grows to more than $45tn assets globally

“Shadow banking” grew by nearly 8 per cent globally to more than $45tn on a conservative measure after international rulemakers were able to include detailed data from China and Luxembourg for the first time. Shadow banking — the parts of the financial system that perform banklike functions such as
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Price increases slow as KW real estate market levels off

“We still have some homes that are selling in short order and with multiple offers, but others are taking longer and multiple offers are no longer the rule,” Schmidt said in a press release. The Kitchener-Waterloo Association of Realtors handles real estate transactions for Kitchener, Waterloo, Wellesley,
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Mortgage Balances and Debt up in Q4 2017

But while mortgage debt rose, mortgage balances were 4.4 percent below the peak levels set in 2008, while some states that were severely impacted in the recession—including Arizona, California, Florida and Nevada—have balances far below their respective highs. Furthermore, the median credit
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Is Buying KINGDEE INTERNATIONAL SOFTWARE GROUP COM (OTCMKTS:KGDEF) Here Good …

The stock of KINGDEE INTERNATIONAL SOFTWARE GROUP COM (OTCMKTS:KGDEF) registered an increase of 1.12% in short interest. KGDEF's total short interest was 9.78 million shares in March as published by FINRA. Its up 1.12% from 9.68M shares, reported previously. With 66,700 shares
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Cryptocurrency Ripple Surges 15% Amid Rumors

Cryptocurrency investors rushed to Ripple Monday, driving the price up 15% in early trading, amid renewed rumors that Coinbase was considering adding it to its offerings. XRP, a digital offering by Ripple that is used for cross-border payments, is fairly difficult to buy, as it's not offered on most major
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Buffett's Firm Adds German Real Estate Broker to Its Network

OMAHA, Neb. (AP) — Berkshire Hathaway's real estate brokerage is expanding overseas with an acquisition in Germany. Berkshire Hathaway Home Services said Monday it is adding Berlin-based Rubina Real Estate to its network. Financial terms weren't disclosed. The deal gives Warren Buffett's
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CoreLogic: Housing market shows wide recovery from Great Recession

Home prices across the US have grown 51% since they bottomed out in March 2011, with prices in most markets returning to peak levels after dropping 33% during the recession, according to a new report released by CoreLogic. The increase in home prices indicates that the housing market has widely
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Black Knight Sees Future Holding Fewer Refinances, More ARMs

This happened as the average rate for a 30-year fixed-rate mortgage (FRM), per Freddie Mac, increased by 43 basis points to 4.38 percent. Since then rates have risen more slowly; they closed out last week at 4.43 percent. These increases put the average rate back to levels last reached in the spring of
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Apple Cash Pressure on Ireland May Ease as Collection Nears

Apple Cash Pressure on Ireland May Ease as Collection Nears

Ireland's progress on collecting Apple Inc.'s tax arrears may ease the pressure it faces from the European Commission, which has taken action against the government for failing to recoup the money quickly enough. Bank of New York Mellon Corp. won a contract to act as custodian for about 13 billion
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ICF International (ICFI) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a buy rating in a report published on Friday, February 9th. The brokerage currently has $59.00 price objective on the business services provider's stock. According to Zacks, “ICF International partners
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This week in Congress: Gun debate takes back seat to banking bill

Supporters of the plan believe that smaller community banks should not be confined to the same rules as the mega-banks of Wall Street. The bipartisan bill, authored by Senate Banking Committee Chairman Mike Crapo, an Idaho Republican, already has the 60 votes needed to pass in the Senate, but
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Famous 'Big Short' Bank Trader Now High on Big Banks

Famed investor Steve Eisman's latest call on the U.S. banking sector is nothing to write a book about, but it is encouraging news for financial sector investors. Eisman, whose bet against subprime mortgage securities in the lead up to the financial crisis earned him the spotlight as a character in Michael
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Nigeria Fidelity Bank seeks loan growth as treasury yields fall: executive

Fidelity Chief Operations and Information Officer Gbolahan Joshua told Reuters banks expected their net interest margins to fall to 5 and 6 percent due to the drop in treasury yields, which he said meant banks needed to boost lending this year to lift income. Net interest margin at Fidelity was 6.4 percent
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Real estate industries made up fifth of Canada's GDP in 2017

Real estate statistics blog Better Dwelling combined the StatsCan-reported GDP contributions of all real estate-related industries across Canada – including real estate transactions, rental and leasing, residential and commercial construction, financing (such as mortgages) and insurance. It found that in
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Trump administration prepping 'material changes' to key post-crisis banking rule

The Trump administration is moving toward making “material changes” to a key post-crisis banking rule, the Federal Reserve's vice chairman for supervision said Monday. Randal Quarles, a Trump appointee responsible for coordinating regulatory policies, said the banking agencies will “proceed with
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Western Asset Mortgage posts 4Q profit

PASADENA, Calif. (AP) _ Western Asset Mortgage Capital Corp. (WMC) on Monday reported fourth-quarter net income of $21.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Pasadena, California-based company said it had profit of 51 cents. Earnings, adjusted
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Data center investor eyes Richardson project

A new $2 billion data center company is planning one of its first projects in Richardson. EdgeCore Internet Real Estate was recently created by Mount Elbert Capital Partners, GIC and OPTrust to develop a nationwide portfolio of data centers. The company was set up with $800 million in equity to build a
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Suitors eye big Charlotte Avenue site after contract lapses

Nashville's Stonehenge Real Estate Group, founded by Todd Jackovich, is still pursuing that project, Patten said in a March 5 interview. Patten also has listed the site for sale. Patten said Jackovich's most recent purchase contract on the property ended late last year. Since then, potential buyers have
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Safe driver discounts, lending vehicles to young drivers under scrutiny for ICBC

“A good example of groups who should be thinking about the impact of drivers using your car … is someone who may have a young, inexperienced driver in their household that they're lending the family car to.” Another proposal in the government's public engagement website is restricting peoples'
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Bitcoin Rises Above 50-Day Average for First Time Since January

The world's biggest cryptocurrency by market value rose above its 50-day moving average for the first time since mid-January, up as much as 5.8 percent on Monday, the most in two weeks. The rebound comes after a precipitous fall from record highs in December amid debates on how to value the
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Veteran Kingwood real estate agents form new company

Two agents with deep Kingwood ties have teamed up to form a new company, the Imperato Fazzino Real Estate Group in northeast Houston. Along with typical showings, open houses and meetings that make up a Realtors' standard workday, both agents have seen their calendars fill up with pro-bono
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Barron's Homebuilder Shares Look Attractive as Housing Rebounds

Shares of several homebuilders look attractive as the U.S. housing market could strengthen further, Barron's reported in its latest issue. With strong demand, lack of inventory and modest annual price gains, industry observers see the recovery continuing for several years unless mortgage rates spike,
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Chase offers $3000 grant to low income homebuyers

JPMorgan Chase announced it is now offering up to $3,000 in grants and incentives that will cover closing costs and the down payment for homebuyers in low- to moderate income communities. Qualified buyers will be eligible to receive a $2,500 grant along with an additional $500 available for
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SIPP administrators should tread carefully over non-standard assets – Bond Mason

An estimated one million people have taken up a SIPP since the Government introduced the “Pension Freedom Reforms” in April 2015, and SIPP providers are experiencing increasing demand from investors for non-standard investments, such as Peer to Peer (P2P) lending, in order to target a better
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Current Mortgage Rates Lower to Start the Week

Financial markets participants are still dealing with the comments made by President Trump about steel and aluminum tariffs. Trade war concerns are pushing down both stocks and bond yields, keeping mortgage rates down to kick off the week. Read on for more details.
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Coastal Ridge pays $71 million for another Florida rental community

Robert Given, Zachary Sackley, Brad Capas and Luis Elorza of Cushman & Wakefield represented Stock Development, while Mark Grace and Will Baker of Walker & Dunlop represented Coastal Ridge and H. Katz, helping them secure a loan from Freddie Mac for the purchase. A few weeks ago, Coastal
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Coming interest-rate rises will be 'catastrophic' for households

Wealthy Australians, who've so far escaped mortgage stress, are likely to be derailed once interest rates rise from their historic lows, according to a new report from the Grattan Institute, a think tank dedicated to developing public policy. The report warns of the “catastrophic” impact across all income
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AXA buys Bermuda-based XL for $15 billion in latest insurance mega-deal

AXA's deal comes just over a month after American International Group said it would buy reinsurer Validus for around $5.6 billion. P&C insurers' stocks fell during last year's natural disaster season and have attracted the attention of bidders as premiums are rising after several years of falling rates.
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Mansion Global Daily: The Attraction of Australia, China's Controversial New Property Tax, and More

Mansion Global Daily: The Attraction of Australia, China's Controversial New Property Tax, and More

After nearly two straight years of increases, Zurich home prices dropped in the fourth quarter of 2017, and lender Zuercher Kantonalbank predicts price stagnation or a slump this year as fewer people move to the city. Zurich's home prices have risen by more than 50% in the past 10 years, while negative
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Real-estate group, Strip District property owners voice opposition to proposed riverfront zoning

One of the region's most prominent commercial real estate organizations has come out formally opposed to key provisions of the city's new RIV, a new riverfront zoning ordinance crafted to establish a new set of development criteria, restrictions and incentives for 35 miles of Pittsburgh's riverfront land.
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Corey Lewandowski Returning to House Intelligence Panel

Corey Lewandowski, who was President Donald Trump's first campaign manager, is set to be interviewed for the second time Thursday by the House Intelligence Committee, according to a House official familiar with the panel's schedule. Lewandowski's return for more closed-door questioning by the
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3835 Shares in First American Financial Corp (FAF) Acquired by Greenleaf Trust

Greenleaf Trust acquired a new stake in First American Financial Corp (NYSE:FAF) in the fourth quarter, according to the company in its most recent 13F … The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and
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Term Sheet — Monday, March 5

Hope you had a nice weekend. Here's what you should know in the world of dealmaking today: CHANGE OF PLANS: The U.S. Treasury just threw a new twist in Broadcom's proposed takeover of chipmaker Qualcomm. Regulators have intervened to delay Tuesday's shareholder meeting by a month so
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Kevin Deegan Joins the Affordable Housing/FHA Team at Hunt Mortgage Group

The Company finances all types of commercial real estate: multifamily properties (including small balance), affordable housing, office, retail, manufactured housing, healthcare/senior living, industrial, and self-storage facilities. It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary
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How Torn Are Texas Republicans? Look at the Fight for Amazon HQ2

With Austin and Dallas on the short-list for Amazon.com Inc.'s coveted second headquarters, business leaders are concerned that the politics of groups like the Tea Party and Freedom Caucus could hurt their recruitment of top talent, which in turn would hurt their ability to grow. “From their perspective
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Magic City Newsmakers: Medjet, Method Mortgage, LAH Real Estate and more

Method Mortgage has been named the 2017 Top Central Alabama Mortgage Broker by the Alabama Mortgage Professionals Association. LAH Real Estate recently won the Award of Excellence for Incoming Conversion Rate for the second year in a row from Leading Real Estate Companies of the World
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News From NAMB: March 5, 2018

News From NAMB: March 5, 2018 … Normally, a servicer acquiring another servicer is not big news for mortgage originators. …. In a speech to the Credit Union National Association Government Affairs Conference, Mick Mulvaney spoke about a lot of things that pertain beyond credit unions. Mulvaney
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Goldman Sachs Moves Commodity Sales Team Into Investment Bank

Foster, who joined Goldman Sachs in 1999 and rose to become partner in 2006, will fold her team into the financing group of the investment-banking division, according to a memo sent to staff Monday. The move aims to strengthen the Wall Street firm's ability to sell commodities financing and hedging
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Mulvaney Uncertain on CFPB Tenure Length

The Acting Director of the Consumer Financial Protection Bureau (CFPB) stated that he could remain at his job for another six months if a new full-time Director is not nominated by President Trump and confirmed by the Senate. According to a report in The Hill, Mick Mulvaney told a U.S. Chamber of
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Dr. Brandon Lemuel, DC's Book, Pure Chiropractic Health, Named a No. 1 International Best Seller …

He has spoken at places such as Capitol Hill, FBI, Freddie Mac, University of Bridgeport, Cleveland Chiropractic College, CGI, D'Youville College, PNC Bank and at groups and associations all over Northern Virginia. Dr. Lemuel graduated from Palmer College of Chiropractic as one of the top three
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Italy's Feuding Politicians Leave Economy Waiting for Leadership

“We risk that the European train takes off with the grand coalition in Berlin, with the obvious political leadership of Emmanuel Macron” in France, Sandro Gozi, Italy's current junior minister for European affairs, said in a Bloomberg Television interview with Francine Lacqua. And he says Italy could be left
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Downtown Market has positive outlook, new mortgage with state

GRAND RAPIDS, MI – The Downtown Market has an upbeat outlook and a new mortgage as it prepares to celebrate its fifth birthday later this year. Market executives said they recorded total sales of nearly $14 million in 2017, a 14 percent increase over 2016. The sales figure includes vendor sales,
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Average price of single-family homes in Denver metro area surpasses $500000 for first time

DENVER — The average price of single-family homes in the Denver metro area climbed past $500,000 for the first time in February, according to a report from the Denver Metro Association of Realtors. The March report found the average price was $502,986, an 11.78 percent increase from February
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Bank solution UniZest chosen by 'Techstars'

Although it will be attached to a UK bank account, the Aspire account can be set up before a student leaves their home country and will allow parents access to certain pages of the students' account. UniZest said the tool will improve wellbeing and create a support system for students who have
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Commercial Banking Analyst

SunTrust has a career opportunity for a Commercial Banking Analyst in Nashville, TN.
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Republicans Are Unhappy About President Trump's Tariff Announcement

… and he told reporters Monday he was sticking with that position. “We're not backing down,” Trump said Monday. (Disclosure: Time Inc., TIME and Fortune's parent company, was acquired by Meredith Corp. in a deal partially financed by Koch Equity Development, a subsidiary of Koch Industries Inc.)
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Axa Plunges After Agreeing to Buy XL Group for $15.3 Billion

(Bloomberg) — Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash, the biggest-ever European acquisition of a U.S. insurer, sending its shares … The biggest insurance takeover this year had been American International Group Inc.'s January agreement to buy Validus Holdings Ltd. for more than
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'Be really realistic,' advises real estate agent as Calgary sales drop 18%

As Calgary real estate sales lag this year, a prominent city realtor is recommending sellers price their homes aggressively. Home sales in the city for February were 18 per cent lower than they were a year earlier, according to a new report by the Calgary Real Estate Board. “You have to be really realistic
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Average price of a single-family home in metro Denver passes half-million dollar mark

Average price of a single-family home in metro Denver passes half-million dollar mark

“These new listings may be 'fence-sitters' jumping in as concerns of increasing interest rates mount,” Danyliw said. Rates on the 30-year mortgage have moved from 3.9 percent at the start of the year to 4.43 percent as of March 1, according to a weekly survey from Freddie Mac. That rapid move, however
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Miles: Banking bill could weaken protections, lead to another financial crisis

The Dodd-Frank law established a common-sense rule that lenders should have to verify borrowers' ability to repay their mortgage loan. The Bank Lobbyist Act would dramatically expand a narrow exemption to this rule, so that hundreds of additional, larger financial institutions would no longer have to
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Rhumbline Advisers Raises Stake in Baxter International Inc (NYSE:BAX)

Rhumbline Advisers increased its holdings in Baxter International Inc (NYSE:BAX) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 887,396 shares of the medical instruments supplier's stock after buying an
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Time to Buy IntelliPharmaCeutics International Inc. (IPCI) After Achieving 52-Week Low?

The stock of IntelliPharmaCeutics International Inc. (NASDAQ:IPCI) hit a new 52-week low and has $0.61 target or 4.00 % below today's $0.64 share price. The 7 months bearish chart indicates high risk for the $22.62 million company. The 1-year low was reported on Mar, 5 by Barchart.com. If the $0.61
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Resmark, a Leading Private Equity Real Estate Investor, Enters Texas Housing Market with Focus …

Zarola, operating from Resmark's newly established office in Austin, will originate and oversee investments in for-sale, single-family housing joint venture developments in Austin, Dallas/Ft. Worth, Houston and San Antonio. In addition to Texas, Resmark's new office will also cover the Colorado and Utah
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Could this new buy-to-let mortgage deal be what landlords have been looking for?

Lenders must assess whether landlords can afford a buy-to-let mortgage not only on where interest rates currently stand, but also if they rise to 5.5 per cent – a process know as 'stress-testing'. However, lenders do not need to apply this 5.5 per cent rate if the deal is for at least five years. Instead, they can
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Just Approved: Advance planning enables jumbo VA home purchase

Background: Rick Weber's clients wanted to purchase a new home in Dublin and take advantage of all the benefits of the Veterans Administration loan program. With limited resources available to the borrowers for a down payment, the low down payment/no mortgage insurance aspects of the VA
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Mitch McConnell Delays Gun Debate in Senate to Take on Bank Bill

The Senate majority leader scheduled a banking reform bill for consideration this week, effectively delaying a debate on gun control in Congress's upper chamber as much of the country turns to Capitol Hill to take on firearms regulations. Senator Mitch McConnell, Republican of Kentucky, announced on
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NewDay USA Names Garrison Foster New SVP

“Garrison will be a real partner in building NewDay into the number one VA mortgage banking company in the nation to assist veterans in taking advantage of their valuable VA benefits to purchase a home,” said Rob Posner, Chief Executive Officer of NewDay USA. “It is an honor to have a Marine
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Oppose S. 2155, the “Economic Growth, Regulatory Relief and Consumer Protection Act”

In 2015, the CFPB finalized a rule that now requires most mortgage lenders to report more detailed HMDA data about the loans they make, including specific details such as the total points and fees, the difference between the annual percentage rate paid compared to the benchmark rate for all loans,
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Analysts are on the Bearish side about Stewart Information Services Corporation (NYSE:STC) this …

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services worldwide. The company has market cap of $944.77 million. It operates through two divisions, Title Insurance and Related Services, and Ancillary Services and Corporate
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Oscars Audience Tumbles From Year Ago, Preliminary Data Show

The audience for Sunday's Oscar telecast, a marathon show that ran almost four hours, tumbled from a year ago, according to preliminary Nielsen data from ABC. The overnight rating for the show, an estimate of the percentage of homes tuned it to the program, fell to 18.9, down about 16 percent from
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Temple built under a high-tension wire demolished by MCC

… a complaint when he lost his 10-year-old son was electrocuted to death on coming to contact with a live wire when arrangements were being made for a ceremony at the temple. Narayana subsequently moved court demanding justice, and named the MCC, the housing board and the temple as parties.
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Mobile Banking Trojans as Keen on Cryptocurrency as PC Malware

Recent research from IBM X-Force highlighted banking Trojan operators' increasing interest in stealing cryptocurrency and analyzed a webinjection scheme the TrickBot Trojan used to deliver stolen coins to attackers' wallets. This trend by no means skipped the mobile malware realm. Mobile malware
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Latest plans to tackle housing bring 'distinct feeling of deja vu'

I've made it my personal mission to fix our broken housing market – figures today show the number of first-time buyers has reached an 11-year high. We must do more, but initiatives like Help to Buy and cutting stamp duty for many are truly helping more people own their own home. pic.twitter.com/
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Report says real estate market to stay buyer-friendly in 2018 due to lakhs of unsold housing units

A significant amount of unsold inventory, as much as 4.4 lakh housing units across the country at the end of 2017, is expected to ensure that capital values across most markets will be kept buyer friendly to ensure sales velocity, says a report by JLL India. As many as 4.4 lakh residential units remain
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Inflation Clarity Eludes the Fed and Markets

That triggered a material change in the composition of consumer prices, shifting the product/service mix from 54 percent/46 percent to 25 percent/75 percent, and reduced the sensitivity of core consumer prices to demand-pull factors, such as an increase in housing prices. House price inflation is no
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How a real estate agent made the most of attending the Oscars

Both Chalamet and Fender attended LaGuardia High School of Music and Art and the Performing Arts, known to most as the “Fame School,” and before she went into real estate, Flender was a dancer, performing in Broadway musicals, she said. #TimothéeChalamet at the #Oscars, as drawn by @j.a.k._.
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Investors Love the Franchise Model, Until They Hate It

As restaurants find their costs going up faster than their revenue, this will be an increasing concern for franchise-heavy restaurants. That's not just a theory: Subway closed 900 locations in 2017. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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ESL, Lyons Bank led small business lending program in February

ESL Federal Credit Union led in the number of loans in a federally backed small business loan program in February in the Buffalo-Rochester region. Rochester-based ESL recorded 18 of the U.S. Small Business Administration's 7(a) loans. Lyons National Bank, based in Wayne County, led in dollar
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Global shadow banking sector surges to $45-trillion

Global shadow banking sector surges to $45-trillion

In a report, the Financial Stability Board (FSB) said shadow banking activities across 29 jurisdictions, which together represent more than 80% of global GDP, grew 7.6% in 2016. The sector includes hedge funds and finance companies or securities entities that provide credit or credit guarantees without
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Royce & Associates LP Purchases 320989 Shares of Kimball International Inc (NASDAQ:KBAL)

Royce & Associates LP lifted its stake in Kimball International Inc (NASDAQ:KBAL) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,780,069 shares of the company's stock after buying an additional 320,989
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Mason City nonprofit to 'burn' mortgage for Historic Park Inn (with photos)

Mason City nonprofit to 'burn' mortgage for Historic Park Inn (with photos) … on the Park's board of directors, this was an important development — it indicates the nonprofit had properly used most, if not all, of just over $11 million in tax credits, essentially allowing the group to “burn” the hotel's mortgage.
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Here's Why Silicon Valley's Housing Market Is Driving Away Prime-Age Workers

Garry Tan, a famed venture capitalist in Silicon Valley, noticed a disheartening pattern in his community lately: people in their mid-30s with children, both working in tech and non-tech industries, are leaving the San Francisco Bay Area due to the area's uncontrollable housing frenzy. On real estate listing
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PRMI Welcomes Mortgage Industry Veteran Mary Beth Henderson

Mary Beth Henderson recently joined Primary Residential Mortgage Inc. (PRMI) as a senior loan officer in the company's Severna Park, Md., office. “We are thrilled to have Mary Beth join our team,” says Kyndle Quinones, branch manager, in a release. “With her knowledge and experience, she will help
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Carlyle Co-Founder Says Guns Are Off-Limits for His $195 Billion Fund

Rubenstein is the host of the Bloomberg TV and digital series, The David Rubenstein Show: Peer-to-Peer Conversations. A representative for Carlyle Group declined to comment further on the firm's investments. Companies and financiers are under growing pressure to divest from the firearms industry
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Shkreli Ordered by US Judge to Forfeit Almost $7.4 Million

Martin Shkreli must turn over almost $7.4 million to the U.S., a judge ruled in a win for prosecutors who say the hedge-fund manager turned pharmaceutical executive cheated his investors. Martin Shkreli. Photographer: Victor J. Blue/Bloomberg. The jailed convict is scheduled to be sentenced March 9
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Ensure delivery of religious accommodations

The jilted applicant filed a complaint with the EEOC alleging the company violated Title VII of the Civil Rights Act when it refused to grant him a religious accommodation. He alleged the company did not demonstrate that granting the accommodation would cause undue hardship on business operations.
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Real Property, Financial Services, & Title Insurance Update: Week Ending March 2, 2018

Foreclosure/Standing: borrower's standing arguments failed because they were based on notion that note changed hands after it was delivered to World Savings Bank in 2007, when in fact the note continued to be held by original lender – Heyward v. Wells Fargo Bank, N.A., No. 2D16-339 (Fla. 2d DCA
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RM Secured Direct Lending To Hold Meeting For…

LONDON (Alliance News) – RM Secured Direct Lending PLC said on Monday it will hold a general …
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State of Alaska Department of Revenue Grows Position in Honeywell International Inc. (HON)

The fund owned 76,084 shares of the conglomerate's stock after purchasing an additional 68,663 shares during the period. State of Alaska Department of Revenue's holdings in Honeywell International were worth $11,666,000 as of its most recent filing with the Securities & Exchange Commission.
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Arizona State Retirement System Acquires 28789 Shares of Service Co. International (SCI)

International in the 4th quarter worth $1,877,000. The Manufacturers Life Insurance Company boosted its holdings in Service Co. International by 147.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 678,201 shares of the company's stock worth $25,310,000 after buying an
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Global Shadow Banking Monitoring Report 2017

The Global Shadow Banking Monitoring Report 2017 presents the results of the FSB's annual monitoring exercise to assess global trends and risks from the shadow banking system. The 2017 monitoring exercise covers data up to end-2016 from 29 jurisdictions, including Luxembourg for the first time,
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Financial Planning for Business Owners

Learn why clients with investable assets of $1.5 million or more require the highly personal services of Citizens Private Bank.
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Free 1031 Exchange Seminar In Honolulu Scheduled For March 8th

It will also look at current real estate market trends, while at the same time showing people how they can maximize their assets' value before selling. The main goal is to help people create a financial family legacy using their investment properties. This is all part of The Complete Solution (TM), as shown
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Patton Albertson Miller Group LLC Trims Position in Philip Morris International Inc. (PM)

Hudock Capital Group LLC increased its holdings in shares of Philip Morris International by 0.3% during the second quarter. Hudock Capital Group LLC now owns 3,144 shares of the company's stock worth $369,000 after buying an additional 8 shares in the last quarter. Jackson Grant Investment
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Amazon in talks to offer bank accounts with JPMorgan Chase

Amazon is discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that could unite America's biggest bank with its biggest ecommerce platform. The Seattle-based company is talking to JPMorgan to develop a checking account-like product, according to
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Cold Weather's Next Victim Could Be Small UK Energy Suppliers

Concerns about a supplier failing shouldn't deter people from using smaller companies, according to Stephen Murray, an energy expert at price comparison platform MoneySuperMarket.com Ltd. “When the sector comes under pressure as a result of a spike in wholesale prices, a lot of attention is
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It's Much Ado About Nothing as Tanzania Frets Over Credit Rating

Tanzania may be less than enamored with its first credit rating, but there's little to suggest the gas-rich East African nation would be blocked from the Eurobond market that it's long been tempted to tap. After discussing plans to get a rating for at least a decade, Tanzania obtained one of B1, four steps into
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Crypto Exchanges Are Raking in Billions of Dollars

The top 10 are generating at least $40 million daily in fees and as much as $350 million, according to estimates compiled by Bloomberg using trading volume reported on data tracker CoinMarketCap.com and fee information on the exchanges' websites. Fees in the lowest range of the exchanges' scale
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OS National Celebrates 5th Anniversary Serving the Real Estate Industry

OS National Celebrates 5th Anniversary Serving the Real Estate Industry

DULUTH, Ga., March 5, 2018 /PRNewswire/ — OS National LLC (OSN), national title provider, announces 5th anniversary serving its customers across the U.S. with a fresh approach and trusted real estate services provided by OSN's experienced team. The company plans to commemorate the major
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Bank Earnings Are Soaring, but Congress Wants to Gut Post-Crisis Safeguards

Dick Bove, a high-profile banking analyst, was feeling contrite. For years, Bove, a regular on CNBC, has been arguing for the rollback of regulations imposed after the 2008 financial collapse. “But lately I've been trying to figure how regulation has hurt the banking industry,” Bove confessed in an interview
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Amazon may team with banks to offer checking accounts

Amazon already teams up with banks to offer different credit cards. Now, it may be looking into creating checking accounts, too. The online megastore is in early discussions with banks including J.P. Morgan and Capital One to develop a new checking product targeted for younger customers and people
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South Africa Plans Return to Islamic Market to Plug Budget Gap

South Africa's debut sale of Islamic bonds had investors clamoring for four times the amount offered. The government is hoping for more of the same as it returns to the market to help plug a budget shortfall of more than $4 billion. Africa's most-industrialized nation is considering a rand-denominated
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US Marshals to Auction Bitcoins Valued at Around $25 Million

The U.S. Marshals Service will auction off 2,170 bitcoins valued at about $25 million that were seized in connection with federal, criminal and civic cases. The auction will be conducted March 19. In one action, Justin Moreira pleaded guilty in connection with purchasing a firearm and silencer on a
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Ares Commercial Real Estate Cor (ACRE) Shares Needle Moving -0.24%

Needle moving action has been spotted in Ares Commercial Real Estate Cor (ACRE) as shares are moving today on volatility -0.24% or -0.03 from … Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well.
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Your borrower portfolio is your greatest asset, why hand it over to a pack of wolves?

Tired of subservicers stuck in the stone age, TMS discovered the enormous need for disruption in the servicing industry and decided to turn the category on its head with the introduction of SIME – Servicing Intelligence Made Easy – the only subservicing solution that finally puts the lender and borrower
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International AutoSource (IAS) Offers A New One-Of-A-Kind Repatriation Protection Plan

The IAS Repatriation Protection Plan is just one of the many programs and services that IAS provides to its customers in order to protect and enhance the car buying and car leasing experience, while minimizing the financial risk for the expat. IAS understands the unpredictable nature of international
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Identifying problems with the housing market is not the same as doing something about it

The country has been banging its head against just such an edifice listening to political leaders down the years promising to solve “the housing crisis” only to fail abjectly. Identifying problems that are holding up house building or pricing young people out of the market is not the same as doing something
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Sorrento Sell-Off Presents A Buying Opportunity

ZTlido is a non-opioid painkiller patch for shingles-related nerve pain. Following the approval, Sorrento expects to launch ZTlido later this year. It will be competing against Endo International's (ENDP) Lidoderm, which has been available in the market two decades now and has several generic versions.
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Sydney property prices not affected by new stock, parliamentary inquiry hears

Sydney was the weakest market with housing values down 2.4 per cent last quarter. However, the city's median property price remained well over $1 million. Mr Farrar acknowledged that results could not be expected straight away. He said that today's new housing stock might be more affordable in 50
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Ferris Capital LLC Increases Position in Mondelez International Inc (NASDAQ:MDLZ)

Ferris Capital LLC boosted its stake in shares of Mondelez International Inc (NASDAQ:MDLZ) by 170.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,430 shares of the company's stock after buying
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Investors Title Company Declares Quarterly Dividend

CHAPEL HILL, N.C.–(BUSINESS WIRE)–Investors Title Company (NASDAQ: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.40 per share to shareholders of record March 20, 2018, payable March 30, 2018. Investors Title Company is a publicly-held
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Mike Bloomberg Named UN Special Envoy for Climate Action

Mike Bloomberg will support the Secretary-General's climate strategy and efforts toward the planned 2019 Climate Summit at UN Headquarters. The 2019 Climate Summit will mobilize stronger and more ambitious action towards 2020 climate targets. The Special Envoy will leverage efforts in key areas
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Wells Fargo & Co Reiterates Outperform Rating for Oceaneering International (OII)

Capital One Financial lowered shares of Oceaneering International from an overweight rating to an equal weight rating in a research note on Thursday, November 16th. Royal Bank of Canada set a $22.00 price objective on shares of Oceaneering International and gave the stock a buy rating in a
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Your Failure Can Be the Key to Your Fortune

Failure is a part of success. Sometimes failure can be the key to your fortune. You may have heard the story of how an engineer at 3M was trying to invent a super strong adhesive, but came up with a super weak one instead. That weak adhesive he invented became the secret to 3M Post-it Notes.
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Metro Denver's median home price hit $400K in February; housing inventory on the rise

DENVER — The Denver metro area's real estate market saw sizable increases in both home prices and housing stock in the second month of 2018. The median home price for residential properties — single-family detached homes and condos combined — hit a milestone in February: $400,000, according
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Proshare Advisors Has Boosted Netease (NTES) Stake; FEDERAL NATIONAL MORTGAGE …

Proshare Advisors Has Boosted Netease (NTES) Stake; FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA) SI Decreased By 0.93% … -Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily
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Citizens Commercial Real Estate Team Announces Referral Agreement with PGIM Real Estate …

The Citizens Commercial Real Estate team continues to add solutions to deepen its client relationships as it prudently grows its business. In 2017, Citizens' CRE loans grew 15 percent to $11.2 billion and, according to Thomson Reuters, Citizens was a Top 10 Real Estate Deal Bookrunner by deal count.
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Diversified Trust Co Buys New Holdings in Honeywell International Inc. (NYSE:HON)

Dupont Capital Management Corp increased its stake in shares of Honeywell International by 47.0% in the second quarter. Dupont Capital Management Corp now owns 185,285 shares of the conglomerate's stock valued at $24,697,000 after buying an additional 59,262 shares during the period.
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Nicon Gardens up for collective sale at $110m

Nicon Gardens up for collective sale at $110m

“The sale committee is expecting strong interest from developers as there wasn't any Government Land Sale for landed housing in Singapore over the past few years, especially in the vicinity,” said ERA. Potential developers can build about 50 to 68 three-storey strata semi-detached houses on the site,
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Sentiment rises after recovery in Shanghai's real estate market

Meanwhile, 75,000 square meters of new houses spanning two projects were launched for sale last week, a weekly jump of 57.4 percent, according to Centaline data. One of them, located in Anting, Jiading District, released 41,000 square meters at an average 37,000 yuan per square meter. Residential
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Savanna is buying 5 Bryant Park from Blackstone for $640M

Savanna signed a contract late last week to acquire 5 Bryant Park, also known as 1065 Sixth Avenue, for $640 million, The Real Deal has learned. Blackstone has been looking to sell the 34-story, 665,000-square-foot property since 2016, when the private-equity giant first put it on the market. The firm
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Qualcomm-Broadcom Saga Heading to a Final Vote

Held leadership positions at real estate development firms Hiram-Hill and Costain Homes. John Kispert, managing partner of Black Diamond Ventures, former CEO of Spansion, which merged with Cypress Semiconductor in 2015. Harry You, president and CFO of GTY Technologies Holdings since 2016
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Italy's Election Was Quite Traditional, Actually

The Italian election was heartening for populist forces. Yet the results do not break with a venerable Italian tradition — one that political scientist Giuseppe di Palma described in “Surviving without Governing: The Italian Parties in Parliament.” Those who are suddenly overcome with anxiety for Italy and
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Monster Hunter World is now Capcom's best-selling title ever

January's Monster Hunter World shipped 7.5 million units according to a press release from Capcom, making it the best-selling game in company history. Move on over, Resident Evil 5, a new contender has now taken over the throne. Through a press release from Investor Relations, Capcom announced
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3 Lenders to Share Insights on Building Compliance Management Systems

Three auto lenders are poised to share their insights for developing a comprehensive compliance program at this year's Auto Finance Performance & Compliance Summit. The session, entitled “Practical Guidance for Developing a Compliance Program,” will take place Thursday, May 10, and include
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Sweeping real estate reform to be debated in Parliament

WHAT could be one of the most significant reforms for New South Wales real estate agents is set for its third reading in Parliament today. … According to real estate agency law specialist Bailey Compton, a key issue arising from the reform bill included every staff member needing to hold a “Class 2
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Longmont resumes discussion about reinstating affordable housing mandate

30, a 4-2 council majority voted to proceed with preparation of a reestablishment of an inclusionary housing program in Longmont. The council directed the city staff to work with consultants that previously conducted affordable housing research and analysis for the city, to update market data and conduct
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USD Burnham-Moores Center's Annual Real Estate Conference Delivers

Roschelle spoke on emerging trends in real estate in 2018, discussing survey question results on what words describe the 2018 real estate market, examining positive and negative outlook reactions, that emerging trends in the market for the new year are interconnected and a look at how current real
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raceAhead: Why Oscar Winner Frances McDormand's Call For More Diversity May Actually Work

Though the entertainment industry remains deeply problematic in terms of actual representation — not to mention, the still barely addressed issues of systemic harassment — there were some notable moments at last night's Academy Awards ceremony. Here are just a few: Jordan Peele became the first
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Coinbase Hires LinkedIn's Deals Maven to Help Ramp Up Expansion

Coinbase Inc., one of the largest U.S. cryptocurrency exchanges, is dialing up its expansion efforts by bringing in a prolific Silicon Valley dealmaker. The closely held San Francisco-based firm named Emilie Choi as vice president of corporate and business development. She previously held the same
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Victory in sight for Democrats defying Warren on bank bill

Republicans and Democrats in the Senate are poised to pass a bill this week that would relax key banking regulations, steamrolling opposition from outspoken liberals like Sen. Elizabeth Warren who have built their careers calling for tougher oversight of Wall Street. A core group of moderate Democrats
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13 Marketing Strategies Real Estate Investors Can Use To Improve Their Business

This staggering stat shows that the power of being present online with your marketing efforts as a real estate business is key to your success. From digital advertising to social media to just being present and visible in the community, there are several strategies that can make a difference in how quickly
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Banking system went haywire under 'so-called' economist Manmohan Singh: BJP

Union Minister Ravi Shankar Prasad, during a press conference, blamed Congress for India's bank debt crisis. “Under the so-called economist Prime Minister Manmohan Singh, the entire banking system went haywire due to all kinds of interference with it”, he said. The Union Minister claimed that under
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Axa agrees to buy US insurer XL Group for $15.3 billion

Buying XL, which sells insurance to other insurers, would bolster Axa's casualty-coverage business in the US just as premiums rise after last year's natural disasters. Bloomberg reported Saturday that Axa was in advanced talks on the deal, the firm's biggest, citing people familiar with the matter. XL had
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Alex Rodriguez and Jennifer Lopez boost program that teaches inner city kids about real estate

Give them a vested interest in those streets and a stake in the property around them. That is the philosophy behind a new program that teaches teens financial literacy through investments in real estate. Kids are taught how to value and finance local apartment buildings, and then given the opportunity to
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Buzz about expected property tax grips housing market; experts allay fears

For more than a decade, property tax has been regarded by speculative investors as a Pandora's box-once levied, it could lead to many unforeseen situations, pushing home prices this way or that. Or so they believed. [Special coverage]. However, industry insiders said property tax is merely a policy to
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India-Based Marketplace Lending Platform Maliyya Secures $1.3 Million During Seed Funding …

Maliyya, an India-based fintech company engaged in the development of a P2P lending and borrowing platform, announced on Monday it secured $1.3 million during its latest seed funding round, which was led by Ground1 Ventures, a private investment firm based out of UK. Founded in 2016, Maliyya
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Yorkshire Building Society implements cloud banking platform

To support the growth, the building society has implemented a cloud banking system from nCino. The system, which is built on the Salesforce.com platform, automates many previously manual and paper-based tasks, combining processes around customer relationship management (CRM), loan
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The next deflationary front: Amazon dips its toes into banking

The next deflationary front: Amazon dips its toes into banking

The WSJ reports that Amazon is in talks to launch a type of checking account. Before you sell all your bank stocks. It looks like this is a very limited move and they're partnering with JPMorgan. “It is too early to say exactly what the product will look like, including whether it would give customers the ability
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Folk2Folk Lenders Provide £200 Million to Rural Businesses in the UK

Folk2Folk, a peer-to-peer (P2P0 lending platform for local and rural businesses, announced on Monday it has now lent £200 million, providing a valuable source of capital to hundreds of local businesses across the UK. According to the online lending, this milestone demonstrates the strong demand in
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March 5 – For Grain Markets, Trade Trumps Weather

While the rains might help soil moisture a bit, it's widely expected that it's too little, too late for most of the Argentine soybean and corn crops. The likely lower amount of soybeans coming out of Argentina has many grain markets participants optimistic that international buyers will switch their demand to
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May proposes planning overhaul to fix homes shortage

“Our broken housing market is down to a lack of supply resulting from restrictive planning laws that . . . prevent the necessary number of homes being built,” it added. The Department for Housing, Communities and Local Government said councils “should” follow the rules in the national planning policy
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Real Estate Dividend Stocks Investors Love

Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. These factors drive the profitability and cash flows of real
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Meet Birmingham's Commercial Real Estate Deals of the Year

An enormous retail development. New hotels, condos and townhomes. Office spaces reimagined. Historic downtown buildings purchased ahead of redevelopment projects. These are just a few of the projects honored in this year's edition of the BBJ Commercial Real Estate Deals of the Year.
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Banking on bipartisanship to strengthen economic growth

This week, the Senate could do something we haven't seen in the nation's capital in a long time. The Senate will have the chance to show that bipartisanship is alive and well, and that Congress can get things done for the American people when lawmakers of good faith work together for the common
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Google to Sell Zagat Restaurant Guide to Online Upstart The Infatuation

The Infatuation revealed on Monday that it would buy Zagat, but did not disclose the price. Reuters first reported that Google was looking to sell Zagat in January. “We're thrilled by this opportunity to acquire such a pioneering and trusted restaurant guide as Zagat,” The Infatuation CEO Chris Stang said
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UPA derailed banking system, says Ravi Shankar Prasad

Union Law Minister Ravi Shankar Prasad on Monday hit out at the Congress, saying that under the UPA government, the entire banking system was allowed to be derailed because of “interventions, pressure and patronage.” Speaking at a press conference in New Delhi, Mr. Prasad also raised
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The Time for Mobile Banking to be at The Core of Business Banking is Now

A recent survey by the Federal Reserve Bank of Boston offers an overview of mobile banking and mobile payment adoption, unveiling that “Among FIs offering and tracking business mobile banking adoption, more than half (55 percent) still have adoption rates less than five percent.” According to this
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Gains in Charlotte-area housing permits slow pace in 2017 — what's expected in the year ahead?

To tally housing permits, the researcher pulls new permit figures for each county, including any permitting departments from cities or towns within those counties. While most of The Market Edge's markets posted permit totals below 5,000 in 2017, Charlotte's size and permit counts most closely compare to
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Kabbage vows to curb lending to gun sellers

Kabbage, an online lender to small businesses, has taken a strong stand on gun control. The Atlanta company said Monday that it will not fund “any businesses that we identify as a seller of firearms or ammunition to individuals under 21 or that sell or manufacture any form of assault-style weapon.
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£1 million housing land investment boost for Notts town

The Government is backing plans for much-needed new housing in Eastwood after a successful bid for £1 million in funding by Nottinghamshire County Council. The money, announced by Housing Minister Dominic Raab, is from the Land Release Fund (LRF) and will be used to prepare the site of the
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Capital Fund Management SA Acquires Shares of 5500 Encore Wire Co. (WIRE)

Public Employees Retirement System of Ohio raised its holdings in Encore Wire by 1.6% in the second quarter. … The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company manufactures
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United Airlines Might Not Replace Bonuses With a Lottery After All

A United Airlines aircraft passes by a Continental Airlines aircraft as it taxis to takeoff from the runway of Ronald Reagan National Airport August 16, 2006 in Washington, DC. (Photo by Alex Wong/Getty Images). Alex Wong Getty Images. By Aric Jenkins. 2:39 PM EST. United Airlines appears to have had
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Century 21 Real Estate Unveils Rebranding Campaign That Targets Complacency, Inspires Real …

MADISON, N.J., March 5, 2018 /PRNewswire/ — Century 21 Real Estate LLC, franchisor of the iconic CENTURY 21® brand, today unveiled a rebranding campaign that represents a complete overhaul of one of real estate's most recognizable icons. Complacency and mediocrity have taken hold of the
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Creating your dream home

Before the mortgage financing is finalized, you will collect written quotes for the repairs or improvements to be done. When the application for financing is submitted, the request is made for 95 per cent of the purchase price plus 95 per cent of the cost to complete the improvements. It is important to know
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Real estate software, data & analytics sector showing robust growth, says Quayle Munro

New research by Quayle Munro, the mergers and acquisitions advisory firm recently acquired by Houlihan Lokey, shows a clear uptick in M&A activity within the real estate software, data & analytics sector. According to Quayle Munro's analysis, the number of transactions in the sector grew at a
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Innovative banking models grow Africa's banking sector

The survey of 2 500 banking customers in six African countries, including SA, found that 40% of respondents preferred using digital channels, while 25% of customers choose price as the most important factors in choosing banks. Equally important is convenience, also cited by 25% of customers. Service
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Netflix Teases Its Kevin Spacey-less 'House of Cards'

Netflix is gearing up for Season 6 of House of Cards, the final run of the popular show that will have one distinct difference from previous seasons: no Kevin Spacey or his character, former President Frank Underwood. The company aired the first teaser for the season during the Academy Awards on
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Revealed: Property investor tells how she amassed a $1.5 MILLION portfolio by age 32 – and how …

Revealed: Property investor tells how she amassed a $1.5 MILLION portfolio by age 32 – and how …

A Melbourne property investor has shared her secrets to striking it big in real estate. Emilia Rossi, 34, owns four properties with a portfolio valued at close to $1.5million. The first property was purchased by Ms Rossi when she was just 25 years old. She had no financial support from her family when she
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RM Secured Direct Lending To Hold Meeting For Proposed Share Issue (ALLISS)

LONDON (Alliance News) – RM Secured Direct Lending PLC said on Monday it will hold a general meeting on March 28 to propose the granting of authority to the company to issue new shares in the company without offering them to shareholders first. This is in line with the debt-focused investment
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How Trump's Tariffs Are Likely to Affect Canadian Mortgage Rates

Last Thursday, seemingly out of the blue, President Trump announced that the U.S. would impose a 25% tariff on imported steel and a 10% tariff on imported aluminum, adding that these new taxes may be applied as early as this week. The U.S. President has a surprising amount of latitude on trade
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How Real Estate Agents Can Build Business-Winning Rapport with Clients

My guess is, if you've been in real estate any length of time, you're probably decent at building rapport. But it wouldn't hurt to be better at it, right? I've worked in sales essentially my entire life (I won't share how many years that is, but trust me, you can measure it in decades), and this is what I've found to
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Amazon wants to be your bank too?

The First National Bank of Amazon? Is there any part of the business world that Jeff Bezos doesn't want to control? Amazon is said to be in talks with JPMorgan Chase, Capital One and other banks and financial services firms about setting up an Amazon-branded checking account for its customers,
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Potential refi market falls 40% as mortgage rates keep rising

The spike in 30-year fixed interest rates, at a time of continuously rising home prices, has pushed home affordability to its lowest level since 2009, and cut potential refinance loan candidates by 40%, according to Black Knight's Mortgage Monitor report. In just the first six weeks of the year, about 1.4
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Italian banks, bonds bear brunt of election fallout

Boosted by Italy's fastest growth in seven years and expectations of a tighter monetary policy, Italy's banking index hit a near two-year high in February after state rescues last year removed the threat of a systemic crisis. The outgoing center-left government also passed measures to help lenders shed
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“No 'winners'” in post-Brexit financial services, says PwC

Disruptions to the level of market access in financial services as a result of Brexit will leave “no 'winners'”, according to a report from professional services firm PwC. PwC's report, which focuses on the impact of the loss of mutual market access in financial services across the EU27 and the UK, projected
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People of color are more likely to be denied a conventional home loan in Philadelphia

Isolating income, race, loan size and other data from its analysis of over 31 million conventional home loans reported through the Home Mortgage Disclosure Act (HMDA), Reveal learned that African-American and Latinx borrowers are more likely to be denied a conventional home loan in 61 American
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Berkshire adds Germany's Rubina, expanding global real estate presence

Berkshire's HomeServices of America, the second-largest U.S. residential real estate brokerage, is the majority owner of Berkshire Hathaway HomeServices. Rubina, led by co-founder Carstein Heinrich, will change its name in April to Berkshire Hathaway HomeServices Rubina Real Estate. It will join
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Broker Lender Market Share – Q4 2017

Banks continued to eat up market share in the fourth quarter, growing their portion of the broker pie by 5.4 percentage points vs. Q4 2016. For the full year, banks seized a whopping 750 basis points of share, mainly from mortgage finance companies. Virtually no broker in Canada will be surprised by that
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Rare Loss for Wall Street in Senate's Reboot of Financial Rules

The U.S. Senate is expected to approve a sweeping revamp of financial rules this week. Of all the surprises that entails — about a dozen Democrats signing on, Republicans leaving a lot of the much-maligned Dodd-Frank legislation intact — the biggest is the lack of goodies for Wall Street. Some big
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Midsize banks urge passage of Senate reg relief bill

WASHINGTON — Thirteen midsize banks sent a letter to the Senate Banking Committee on Monday supporting a regulatory relief bill that is likely to be voted on later this week. “This bipartisan legislation is a common-sense approach that maintains regulatory authority but makes reasonable changes
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Increase in lending boosts Orchard Funding Group

The AIM-traded firm said demand for funding had led to an increase in its lending over the equivalent half year in the 2017 financial year. … “As a result of this increase in lending, interest income is expected to be higher than in the six months to 31 January 2017,” Orchard's board said in its statement.
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Car-Dealer Group Warns 'No One Wins' a Trade War After Trump's Tweet

President Donald Trump's threat to tax vehicles imported from Europe has the American International Automobile Dealers Association sounding the alarm. “More tariffs won't help American businesses or families,” said Cody Lusk, AIADA's chief executive officer. “The resulting trade war will undoubtedly
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Putin's Nuclear Bravado Earns a Rare Rebuke From Trump

While Vladimir Putin boasted that his latest “invincible” nuclear weapons prove the U.S. and its allies have failed to contain Russia, the display of bravado risks a new arms race that his country is ill-equipped to win. Putin earned a rare rebuke on Monday from U.S. President Donald Trump, who called
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The Lawyer Who Wants to Make Silicon Valley a Safe Space for Conservatives

On a recent night in San Francisco, the woman representing the Google engineer famously fired for arguing women aren't genetically suited to work in tech doesn't have it in her to attend a dinner of her peers. Those peers—other San Francisco judges and attorneys—run the spectrum, in her view, from
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Latest assault on Dodd-Frank has bank lobbyists beaming

As Congress pivots from the GOP's tax measure that overwhelming benefits wealthy shareholders over workers, the Senate is expected to vote on an under-the-radar rewrite of banking rules that prioritizes the deregulatory wishlist of banks ahead of consumers and the health of our banking system.
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Have I a case over a top-up mortgage with no tracker offer?

In 2008, I took out a tracker mortgage for a self-build. I subsequently needed more money to complete the build and, in 2009, requested a top-up on the original mortgage. I was made to take out a second mortgage for the smaller sum and denied the tracker rate that I had (and still have) for the first
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Indian mortgage lender HDFC raises $291 mln from share sale

MUMBAI, March 5 (Reuters) – Indian mortgage lender Housing Development Finance Corp Ltd (HDFC) said it raised 18.96 billion rupees ($291 million) in a share sale to institutional investors. HDFC sold shares at 1,825 rupees apiece, it said in a regulatory filing on Monday. Its shares closed on Monday
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