Crypto Miner Bitfarms to Invest $193 Million in Canadian Centers

Crypto Miner Bitfarms to Invest $193 Million in Canadian Centers

Backbone Hosting Solutions Inc., a cryptocurrency mining company, said it plans to invest C$250 million ($193 million) in computing centers in Sherbrooke, Canada. The facilities will allow the company, known as Bitfarms, to quadruple its computing power and to increase its workforce in Quebec to 330
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Loans for flipping houses soar, but cash still reigns supreme

House flipping activity is at an 11-year high, prompting lending for these projects to soar 27%, according to Attom Data Solutions. A total of 207,088 homes were flipped over the course of 2017, which represented 5.9% of all single-family homes and condos sold last year, up from 5.7% in 2016. House
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One of the Largest-Ever Energy Bankruptcies Nears Finish

The long-running bankruptcy saga of Energy Future Holdings Corp. is coming to a close now that Texas has approved the sale of the company's crown jewel. The Texas Public Utility Commission authorized Sempra Energy's $9.45 billion purchase of Oncor Electric Delivery, the state's largest utility, the
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Current Mortgage Rates Rise for Ninth Straight Week

Mortgage rates are easing today. We did see in the Freddie Mac PMMS today that mortgage rates moved higher for the ninth straight week. Rates have been expected to climb higher throughout 2018, which is why we've been recommending that borrowers lock in a rate sooner rather than later. Read on
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Demand for Programmers Hits Full Boil as US Job Market Simmers

Ouliana Trofimenko and Annie Rihn, who work for different technology companies on the West Coast, are both on the front lines of one of the biggest challenges to U.S. economic growth right now: a scarcity of technology talent. Trofimenko, head of technical recruiting at Mapbox, a developer of mapping
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Rebecca Kenna hoping for exemption as she aims for world snooker title

Then former football player said: “I am getting help from Comet Steel, who used to back me when I was starting out, and Andrew Ramsey, a cuemaker who sells his equipment in my shop under his company name ADR. “I am practising about 20 hours per week and the shop is going well but my main
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FinTech is fundamentally changing mortgage lending right now

The digitalization of mortgage lending is not a gimmick to attract millennials but a fundamental shift in the way mortgage lending is done. If you don't have plans in the works for a fully automated mortgage production process, you should. And if you already do have such plans in the works, you should
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Amazon hiring head of newly-formed mortgage lending division

Well, after reporting that, we've received information that Amazon is currently looking to hire someone to lead their newly-formed mortgage lending division. Due to non-disclosure agreements, we probably shouldn't reveal their identities. After all, with Amazon planning a move into mortgage lending,
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Iredell real estate transactions: Feb. 25 through March 3

Iredell real estate transactions: Feb. 25 through … From MG Properties, LLC to MSMC Holdings, LLC, Lot 16 – Mooresville Gateway, 109 Professional Park Dr., Mooresville, $1,740,000, on Feb. 26. ….. From R. England to C. Blackstock, Lot 30, 134 Hallmark Estates Dr., Statesville, $82,500, on March 1.
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Democrat Bill Nelson Wants to Deregulate Banks That Have Given Him Big Money

Under current law, “midsize” banks such as SunTrust are subject to the same regulations under the landmark Dodd-Frank Wall Street-reform bill as even more massive Wall Street firms, including JPMorgan Chase and Citigroup. These so-called midsize banks (which Intercept banking reporter David
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Bone Broth Protein Company Gets $103 Million in Funding

Ancient Nutrition, the maker of a bone broth protein supplement, has landed a $103 million minority investment led by private equity firm VMG partners and including Hillhouse Capital and Iconiq Capital. More than 100 industry veterans also participated in the round, including founders and current and
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Hills and Ridges Doctrine May Provide Protection to Property Owners in Slip-and-Falls

(PSDC), and a snow removal company, Ross's Home Improvement (Ross), following a slip-and-fall incident that occurred during an active blizzard. …. He is also president of Bear Abstract Services, where his title insurance company offers comprehensive title insurance, title examination and closing
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Cardone Industries shuffles its real estate

Cardone Industries is undertaking several moves to position itself for the future including jettisoning its Whitaker Avenue distribution center in Northeast Philadelphia, investing $15 million to upgrade its Rising Sun Avenue property into a new headquarters and, for the first time, venturing to the suburbs
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Mortgage Applications Show Little Gain Amid Rising Rates

Mortgage applications for the week ending March 2 eked out only minor gains as interest rates on home loans continued to march higher. According to the latest data from the Mortgage Bankers Association (MBA), mortgage applications increased 0.3% compared with the week earlier, which included an
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Martin Shkreli's Journey From Pharma Exec to Inmate #87850-053

Martin Shkreli burst on the scene as an enfant terrible, a securities savant who was working on Wall Street at 17, set up his own hedge fund at 23, and launched the biotech company Retrophin Inc. after teaching himself biology. Some may remember him as the trader who shorted drug companies after
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eLEND Solutions Builds Out Sales Team With Auto Lending Sales Leaders

Foothill Ranch, CA — March 7, 2018 — eLEND Solutions™, specialists in online and in-store finance and “deal-making” solutions for auto dealers, today announced they are building out their sales team with two proven auto finance sales leaders. Joe Peterson has joined as Chief Sales Officer and
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Martingale Asset Management LP Grows Position in Investors Title (ITIC)

Investors Title logo Martingale Asset Management L P lifted its stake in shares of Investors Title (NASDAQ:ITIC) by 33.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,800 shares of the insurance provider's stock after acquiring
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At Goldman, Blankfein Touches a Nerve With Dina Powell's Return

Dina Powell, a former deputy national security adviser to President Donald Trump, is going back to Goldman Sachs. Dina Powell's departure from the White House offered Wall Street the chance to enlist a rare set of skills: an industry insider who can also navigate President Donald Trump's inner circle.
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Florida Senate Backs Changes in Payday Loans that Contribute to Debt Traps

While there are several types of AFSPs, payday lenders have come under scrutiny in recent years for their role in wealth-stripping low-income communities. Specifically, through exorbitantly high interest short-term loans, predatory payday lenders lead people into what is commonly called a “debt trap,” a
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Toronto Home Builders Just Had Their Busiest February Since 1948

… lagging a little bit. Historically you tend to see supply follow demand,” said Robert Kavcic, an economist at Bank of Montreal. “The other nuance here is that a lot of the policy changes we've seen over the last year, they really had a bigger impact on the higher end of the single detached housing market.
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Term Sheet — Thursday, March 8

Term Sheet — Thursday, March 8

BRAINSTORM TECH 2018: Fortune has announced its speakers for the annual Brainstorm Tech Conference in Aspen. Speakers include Uber CEO Dara Khosrowshahi, Lyft president John Zimmer, Walmart's head of digital Marc Lore, and former Yahoo CEO Marissa Mayer. Speakers from the world of
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Dustin Groeneweg

Get information about Dustin Groeneweg, a Bank of America Financial Center Lending Consultant in Hilton Head Island, SC. Find contact information, expertise and more, to start your path to the right loan.
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Sr. Manager Lending, Cobrand & MR

In this opportunity the company is looking for a Sr. Manager Lending, Cobrand & MR to perform in the Global Network & International Card Services (GNICS) business unit of American Express. The Manager of Lending, Cobrand & MR will be responsible for executing the Argentina Lending, Cobrand
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Carneys Point property sells for $650K | South Jersey real estate

ALLOWAY TWP. — 27 Kristine Court, I & H Builders LLC to Michael B. and Dana Hitchner Jr. for $283,000. CARNEYS POINT TWP. — 324 Tyler Ave., William J. Clarke III, executor, to Fred Rhoads for $82,000. — 326 Lafayette Road, Castlerock 2017 LLC to Pietro Sforza for $46,500. — 1140 and 1147
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Jon Favreau, Who Kickstarted the Marvel Onscreen Universe, Is Making a 'Star Wars' Live-Action …

Actor/filmmaker Jon Favreau attends the premiere of Disney Pictures and Lucasfilm's “Star Wars: The Last Jedi” at The Shrine Auditorium on Dec. 9, 2017 in Los Angeles. Ethan Miller—Getty Images. By Chris Morris. 11:31 AM EST. Disney has made no secret that Star Wars is one of the keys to its
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Don't run away from mortgage lending's crappy reputation; let's change it instead.

At my mortgage company, I create a lot of our CRM content. I do this because I hate the canned messages that don't add any value to the consumer and sets a monochromatic tone. Two things I 100% believe in is not running away from the perception of our industry and setting expectations. Because of
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Senate banking bill would make credit freezes free

The legislation, part of a larger bill that eases regulations on banks and mortgage lenders, would let consumers freeze and unfreeze their credit reports without paying a fee. Right now, just a few states mandate that protection be offered for free. The rest charge anywhere from $2 to $10 per freeze at
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Welcome into the big tent – 2017 Coolest Company Winner!

Sidekicker walked away with the title of Anthill's “Coolest Company 2017” at the 12th annual Cool Company Awards on Thursday 22 February. Sidekicker provides on-demand staffing at a click of a button. It's basically like Uber for the recruitment industry, operating in Melbourne, Sydney and Brisbane.
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Chinese investment to boost Kenya's real estate sector: official

NAIROBI, March 8 (Xinhua) — Chinese investments are boosting Kenya's real estate sector through technology transfer, a real estate firm said on Thursday. Ben Woodhams, Managing Director at Knight Frank Kenya, told Xinhua in Nairobi that Chinese contractors have been able to deliver high quality
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Bitcoin's Price Wobbles as Japan Cracks Down On Cryptocurrency Exchanges

Japan suspended trading on two cryptocurrencies on Thursday, following a reported $530 million cyber heist at Coincheck, one of the country's largest crypto platforms, in January. The country's Financial Services Agency (FSA) have ordered Bitstation and FSHO to suspend business for at least a month,
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Freddie Mac: 30-year mortgage hits highest point since 2014

Mortgage rates increased for the ninth consecutive week, as the 30-year rate reached its highest point since 2014, according the Freddie Mac's latest … rate rose three basis points to 4.46% in this week's survey, its highest level since January 2014,” said Len Kiefer, Freddie Mac deputy chief economist.
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Inventory slump has real estate markets in a slumber across Ontario

The Toronto-area real estate market may be taking a March break of its own this year as families with school-age kids go on vacation, winter lingers and the Easter and Passover holidays close out the month. February was a tedious month for some as resolute buyers vied for a few scarce listings in the
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The number of buyers using secretive shell companies to purchase Trump real estate has …

President Trump's real estate sales have gotten much more secretive since he won the Republican nomination in 2016, with the majority of buyers now using limited liability companies to hide to-be owners' names, a USA Today investigation has found. In the two years before Trump was nominated, just
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Portland-area real estate: 15 neighborhoods where prices are rising fastest

We crunched numbers provided by the Regional Multiple Listing Service to find the 15 metro ZIP codes where prices climbed the most. The prices reflect the year's fourth quarter, from October to December. Visit our Portland real estate snapshot for a glimpse into the many neighborhoods that make up
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7 Women VCs on How Female Founders Can Get More Venture Dollars

We all know the stats. Only 2% of venture funding went to female founders in 2017, and just 8% of partners at the top venture capital firms are women. In honor of International Women's Day, venture firm Alpha Edison wrote a Medium post about “doing something about these statistics through action.”.
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Mortgage lender Guaranteed Rate lays off about 180 employees, 30 in Chicago

Chicago-based mortgage lender Guaranteed Rate has laid off about 180 employees around the country — including about 30 in Chicago — after the amount of new mortgage loans the company funded dipped in 2017. Before the layoffs, the company employed about 3,600 employees nationally, about
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Residential Mortgage Lending Manager

Residential Mortgage Lending Manager. We are recruiting Residential Mortgage Lending Manager for a solid community bank in Northern Virginia. This financial strong, well-managed community bank has done an outstanding job of developing deposits, managing loan risk and generating income.
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Prison inmates learn credit, banking, and personal finance to ease re-entry into the world of money

Becky MacDicken loves to educate Pennyslvanians on personal finance, credit reports and scores, and her audience embraces her classes — especially the inmates at the Department of Correction's SCI Chester prison, many of whom have never opened a bank account, instead storing their cash
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Mortgage credit availability down as an investor changes programs

Loan program revisions made by one large conventional mortgage investor led to a decrease in total residential home finance credit availability in February. February's Mortgage Credit Availability Index was 180.7, compared with 182.9 in January and 177.8 for February 2017, according to the Mortgage
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Why Did Axl Rose Call Tim Cook 'the Donald Trump of the Music Industry'?

Famed musician Axl Rose of Guns N' Roses fame doesn't appear to be happy with Apple CEO Tim Cook. Rose took to his Twitter account late on Wednesday and in a cryptic tweet said that “Tim Cook is the Donald Trump of the music industry.” Although Rose's fans asked him what he might have meant
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$0.46 Earnings Per Share Expected for TPG Specialty Lending Inc (TSLX) This Quarter

$0.46 Earnings Per Share Expected for TPG Specialty Lending Inc (TSLX) This Quarter

TPG Specialty Lending logo Wall Street analysts forecast that TPG Specialty Lending Inc (NYSE:TSLX) will report earnings per share of $0.46 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for TPG Specialty Lending's earnings, with the highest EPS
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West Texas National Bank Promotes New Chief Lending Officer

MIDLAND, Texas, March 8, 2018 /PRNewswire/ — R. Keith Moore, West Texas National Bank Vice Chairman and CEO, recently announced the promotion of Steve Young to WTNB's Chief Lending Officer. Young has over 30 years of commercial transactional experience. He has extensive banking
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KFA tender adds another 200000 mt to South Korea corn buying

A fresh tender from the Korean Feed Association has added a further 200,000 mt of buying to South Korea's corn buying spree, taking volumes sought over … Wednesday's tender saw three cargoes for Nonghyup Feed Inc awarded to Glencore, Avere and CJ International, according to market sources.
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Capstead Mortgage (CMO) Receives News Impact Score of 0.12

Capstead Mortgage logo News coverage about Capstead Mortgage (NYSE:CMO) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern
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ASFMRA: 7 Keys Trends For Agricultural Asset Values In 2018

The lack of recent non-arm's-length transactions make real estate appraisals less reliable. In many areas of the country, the market for agricultural land is tied to commodity prices and interest rates. The lower commodity prices are decreasing land rents and weakening profitability. The loan restructuring
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LGM Financial, Carfinco partner to provide dealers non-prime lending solution

“We're thrilled to be working closely with Carfinco on yet another value-add service we provide to our dealer clients.” In collaboration, LGM's nationwide network of dealer development managers will provide sales support for the non-prime lending solution, while Carfinco administers and manages the
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Mortgage brokers are making a comeback, but big banks are staying clear

Editor's note: This is the first in a three-part series from the March issue of National Mortgage News magazine on the resurging mortgage broker and wholesale channel. Read part two and part three. A decade ago, the wholesale origination channel was in full meltdown, a nuclear waste pile that few
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Freddie Mac: Mortgage Rates Continue to Rise, 30-Year Hits 4.46%

Mortgage rates continued to climb during the week ended March 8, with the average rate for a 30-year fixed mortgage (FRM) rising to 4.46%, up from 4.43% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. It was the ninth consecutive week that mortgage rates increased
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Ascendas Real Estate Inv Trust (A17U.SI) Closes Last Session Above PSAR

Ascendas Real Estate Inv Trust (A17U.SI)'s closing price of $2.610 has closed above it's Parabolic SAR reading, indicating a potential trend reversal. Parabolic SAR (or PSAR) is a simple, compact indicator that can provide some useful information when taking into account additional trends and factors.
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Why we propose to move into the Banking Union

Nordea's Board of Directors has proposed to the Annual General Meeting to move Nordea's headquarters and parent company[i] from Sweden to the Banking Union, placing the headquarters in Finland, which is already a member of the European Banking Union. Nordea has deep roots in all the Nordic
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Bank with Amazon? Sure

Six days before The Wall Street Journal broke the story about several large banks reportedly being in talks with Amazon to create a “check-like” account, LendEDU released the results of a poll of 1,000 consumers it conducted Feb. 23-24 indicating that roughly half of current Amazon users would use an
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Home flips are back with a vengeance

Flipping houses was more popular in the U.S. last year than at any point since the now infamous real estate bubble of the 2000s. A report from … However, there are still some red flags in local markets, with flippers in Boulder, Austin and Santa Barbara all earning less than 25 percent on gross returns.
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How the US Housing Market Recovered $16 Trillion

U.S. homeowners had lost $16 trillion in net worth between 2006, when home prices reached their peak, and 2011, when prices bottomed out. Home prices fell by a third in that period, and by the end of the third quarter of last year they had climbed out of that hole. The average U.S. home price was 1%
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Honeywell International Inc. (NYSE:HON) Position Lifted by Bollard Group LLC

Burt Wealth Advisors grew its stake in shares of Honeywell International by 65.4% in the 2nd quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate's stock valued at $101,000 after buying an additional 300 shares during the period. Mascoma Wealth Management LLC grew its stake in
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Market watchdogs pitch tougher rules for syndicated mortgages to protect investors

In Ontario, the Financial Services Commission of Ontario (FSCO) is responsible for syndicated mortgages because it is the watchdog for mortgage brokers. However, the Ontario government has announced plans to replace FSCO with a new regulator, the Financial Services Regulatory Authority, and
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Pakistan faces global banking isolation over terror financing

With Pakistan set to be placed on the inter-governmental Financial Action Task Force's “grey” list this June, following a round of farcical diplomacy in Paris last month, the country appears to be edging toward global banking isolation. Pakistan temporarily avoided being put on the grey list after failing,
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Supply rises across most of UK housing market in February

Overall listings increased by 19.9% with supply in Dundee up 82.2%, in Hereford up 80.3% and in Edinburgh up 75.9%, according to the property supply index from HouseSimple. Even in London, where the market has been slow, supply was up 14.9% month on month while overall listings are 2.5%
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Daylight Saving Time Begins Sunday, March 11

We get an extra hour of sunlight when daylight saving time starts this Sunday, March 11, at 2:00 a.m. When you wake up the morning of March 11, be sure to set your clocks an hour ahead. Spring is just around the corner! More Posts
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Rewrite of Senate Banking Bill Tough for Wall Street Banks

Crapo's revision would direct mortgage-finance giants Fannie Mae and Freddie Mac to use credit scores offered by other companies, instead of exclusively relying on FICO assessments. Equifax and other credit-reporting companies own VantageScore Solutions LLC, a potential rival to Fair Isaac.
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How an Amazon Bank Could Rival JPMorgan, Citigroup, Wells Fargo

Bain's Gerard du Toit and Aaron Cheris foresee Amazon's banking service booming to serve over 70 million U.S. consumer relationships by 2023, posing a larger threat to the current industry order than “nimble fintech startups,” which are often targeted as the likely disrupters. Amazon shares have
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The New Corn Laws: Why Housing Costs Are So High

The New Corn Laws: Why Housing Costs Are So High

Normally a rising demand for food would lead to imports, but in 1815 the British Parliament passed prohibitive tariffs, called the Corn Laws, to prevent a collapse in the price of grain after the Napoleonic Wars. Given that the British food supply was based on a fixed quantity of land, this meant that if
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Over third of motorists will still buy diesel vehicles despite deaths caused by emissions: AA

… on international car makers to meet imminent European emissions standards for new vehicles was also foretelling the fast-tracking of the demise of these engines. “While the results of our survey still indicate a diesel favourability‚ we would urge motorists to carefully consider their options when buying
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Lending Focus – March 2018

Read the latest edition of Lending Focus for our summary of what we think are the more interesting recent legal developments in banking and finance.
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Mortgage rates clock a ninth straight weekly gain

The benchmark 30-year fixed-rate mortgage averaged 4.46% during the week ending March 8, according to Freddie Mac's weekly survey, out Thursday. That was up 3 basis points from the prior week and leaves rates nearly half-a-percentage point higher than the level at which they started the year.
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Lender's share of broker-originated loans declines

Non-bank lender Chifley Securities said it received loans worth $1.87bn in the last calendar year, up from $1.1bn in 2016. While about 98% of its loan applications came through the third-party channel in 2016, the proportion of broker-originated loans declined to 94% last year. Chifley told Australian
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The Massive Prize Luring Miners to the Stars

Sending a spacecraft to the far reaches of our solar system to mine asteroids might seem like an improbable ambition best left to science fiction. But it's inching closer to reality. A NASA mission is underway to test the feasibility on a nearby asteroid, and a niche group of companies is ramping up to claim
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Canada January new housing prices flat for second month in a row

Analysts in a Reuters poll had expected prices to rise by 0.1 percent from December. January marked the first time in exactly three years that home prices have stayed flat for two consecutive months. In Toronto, which represents 27.9 percent of the overall market in Canada, prices slipped by 0.1 percent,
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Real Estate: WilMa, How's It Going?

Every year about this time, I update my readers on how things are going in the single family home market in the Island City. This year is no exception. In this column I will discuss some overall results and trends for the whole city. There will be additional information on the three specific neighborhoods of
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US, China battle it out for dominance in technology

The panel, which is led by the Treasury Department and made up of representatives from multiple agencies, has the authority to block foreign acquisitions of U.S. companies for national security reasons; it has effectively killed several acquisitions linked to Chinese buyers over the past year.
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Shattered ceilings: How 7 leaders in the GTA real estate industry got where they are

So say the strong, confident women who are leading the way in the GTA's real estate and development industry. While the faces in the field may not yet reflect gender parity, women are powering through the testosterone-lined ceiling in growing numbers. In celebration of International Women's Day,
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How Top X-Border Performers Are Winning The Global Game

As is so often the case, merchants must follow their customers' lead – and customers are buying what they want from whatever merchants are offering those products, regardless of where those businesses are based. Albert Drouart, director, international at Braintree isn't going to pretend the task is easy
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What $1 million buys in real estate around the world

A million dollars doesn't buy what it used to — especially when it comes to luxury real estate. The Wealth Report, from London-based real estate brokerage Knight Frank, measured the top markets in the world and compared how much prime property $1 million would buy in each. Monaco still reigns as
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Real estate company sues firm after falling victim to scam

WAUKESHA — Does a title firm have the responsibility to protect its customers from potential scammers? A Milwaukee company is arguing that is indeed the case, filing a lawsuit after sending a $162,000 check to a scammer instead of the Brookfield title firm it had been working with on a real estate deal.
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Canyon Lake market booming

Canyon Lake had the ninth largest home market and fourth largest land market in the state, valued at $60.6 million and $53.2 million respectively. Dezirae Burnett, media relations for Lake Home Real Estate, said this is partly because of a slew of builders purchasing property on the northern side of
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Conferences and Training on Marketing, VA Lending, The PHH Case

The Illinois Mortgage Bankers Association (IMBA) is sponsoring a one-day conference on March 14 at the Doubletree Hilton Oak Brook Hotel, 1909 Spring … The news of Gary Cohn's resignation from the National Economic Council reverberated across markets Wednesday, causing equity markets to
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North Texans banking on bet that Bitcoin has a bright future

If you're not into Bitcoin, here's a bit about it: Unlike traditional currencies, it's not owned or controlled by a government. It's easily sent across borders–person to person–each transaction recorded on lots of computers. Since banks aren't involved, you can conceal your identity as you send and receive.
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Snap Prepares For a Fresh Round of Job Cuts

The news was first broken by Cheddar, which said around 100 engineers—less than 10% of that unit—would go. CNBC also reported the news based on its own sourcing. The Snapchat maker had more than 3,000 employees in total at the end of last year. Snap's share price held even on the news,
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D-FW home flips were up by more than 20 percent last year

Nationwide home flips rose 1 percent to the highest level in a decade. Flippers grabbed more than 200,000 U.S. houses in 2017. But house flipping still isn't close to where it was before the housing market crash. “The surge in home flipping in the last three years is built on a more fundamentally sound
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Vermont's Pilot Program Completes First US All-Blockchain Real Estate Transaction

South Burlington, Vermont's pilot program made in cooperation with global Blockchain real estate marketplace Propy Inc. has completed the first completely Blockchain-based real estate deed in the US, financial blog ZeroHedge reported Thursday, March 8. An unnamed source at Propy told ZeroHedge
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Mortgage Rates Push Higher

MCLEAN, VA–(Marketwired – Mar 8, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate increasing for the ninth consecutive week. News Facts. 30-year fixed-rate mortgage (FRM) averaged 4.46
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UK property market continued to be subdued UK wide in February

UK property market continued to be subdued UK wide in February

New buyer enquiries, new instructions and newly agreed sales continued to fall in the UK in February with the outlook for the housing market looking subdued, according to the latest industry survey. Average stock on estate agents books have reached new record lows and enquiries from buyers have
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Urbanimmersive Launches a 1-Click Buying Advertising Solution for Real Estate Agents and Home …

“Over the last years, we have worked on creating the best content marketing platform for the real estate industry. A growing number of real estate professionals are now coming on our platform to buy original content. With the 1-Click Advertising solution, we are now providing our clients the confidence to
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Aussie finance company Assetinsure caught in CBL collapse fall out

Deposit Power is not answering telephone calls and its Sydney-based headquarters is closed. Major mortgage brokers, such as Aussie Home Loans, which is owned by Commonwealth Bank of Australia, said it is helping clients find alternative funding. Australian Finance Group and Mortgage Choice,
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Avoid These Common Mortgage “Mess-Ups”

Most first-time homebuyers are excited for the house hunt, but not so keen on the most important step…obtaining a mortgage. The experience can be perceived as complicated and stressful, especially by first time buyers. Luckily there are local experts to guide you through every step of the way and help
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Lloyds Banking Group launches 1 billion pounds share buyback

LONDON (Reuters) – Lloyds Banking Group (LLOY.L) on Thursday launched a planned 1 billion pounds ($1.39 billion) share buyback program, after selecting investment bank UBS UBSG.S. to execute … FILE PHOTO – A sign is seen outside a branch of Lloyds Bank in central London February 3, 2014.
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BankThink Mortgage market doesn't need explicit government backing

On Feb. 13, the Mortgage Bankers Association sent its members an early Valentine's Day gift: an open letter to Congress asking for explicit federal guarantees in the secondary mortgage market. The letter touts ideas included in the recently leaked legislation put together by Sen. Bob Corker, R-Tenn.,
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The Construction Industry's Lending Catch-22

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry. Lenders have to mitigate risk on complicated building projects with lengthy timelines and a crowded supply chain that stretches far beyond the direct borrower.
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Tracker mortgage scandal: Overcharging total expected to reach €700 million

A FINANCIAL ADVISER has said total overcharging in the tracker mortgage scandal is expected to reach €700 million and there are thousands of impacted customers who have not yet been included in redress schemes. Speaking to the Oireachtas Finance Committee today, Padraig Kissane, said the
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Uber, Lyft, Walmart, and Amazon Are Coming to Fortune Brainstorm Tech 2018

Coming to Fortune Brainstorm Tech 2018 in Aspen, left to right: Dara Khosrowshahi of Uber, John Zimmer of Lyft, Hooi Ling Tan of Grab, Richard Liu of JD.com, Marc Lore of Walmart, Jennifer Fleiss of Walmart, Stacey Sher of Activision Blizzard, Bob Bakish of Viacom, Ivy Ross of Google, Kirsten Green
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Data Sheet—Uber, Lyft, Walmart, and Amazon Are Coming to Fortune Brainstorm Tech 2018

In the last two years alone I've helped run Fortune events in Guangzhou, New York, San Francisco, Las Vegas, and Rome—we met the Pope! I've been to TED in Vancouver, the World Economic Forum in Davos, and a Salesforce powwow in London. I love them all. Truly. But my favorite is the one I've
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Quaid Real Estate lists $2.5m Caravonica home for second time

Quaid Real Estate sales manager Tom Quaid said the $2.5 million price tag on 57-59 Fig Tree Dr in Caravonica was rare. A contract on the property fell through late last year. “I can't recall a property selling for that much before. Mostly along Fig Tree Dr, your price of entry starts north of $1 million,” he
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Mortgage Operations Service Associate

job description. Our client, located in Irving, TX currently has an opening for a Mortgage Operations Service Associate! Candidate will be responsible for conducting research of data by utilizing multiple sources and leveraging all available resources such as existing databases, third party sources and/or
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Heineken eyes driver's seat in UB by buying ED-seized Vijay Mallya shares

JM Financial, the investment bank appointed as adviser by Heineken International, recently submitted a share purchase proposal to ED. The agency had seized Mallya's shares in connection with alleged loan diversion and default on payment of dues to banks. The shares are valued at about Rs
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Real estate job sector balloons in BC

British Columbia's addiction to real estate has created a job sector that's ballooned over the past decade, with real estate jobs growing 53 per cent in the Lower Mainland. In the province, full-time jobs related to real estate have grown 39 per cent in that time span. Those jobs don't include construction
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Trump's Video Game Panel Is Stacked Against the Gaming Industry

Donald Trump is holding a meeting with the video game industry Thursday, but the official list of attendees is very light on people who make games. Only two publisher executives will be present, as will the head of the industry's trade group. But also present in the room are two of the most vocal critics of
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Meet The Newest Billionaire To Mint His Fortune At Bloomberg LP

The Bloomberg terminal has propelled Bloomberg LP to become a multi-billion dollar company—and has propelled all its founders to billionaire-dom. (Photo by: Jeffrey Greenberg/UIG via Getty Images). When Michael Bloomberg was fired from his job at Salomon Brothers in 1981, he decided not to
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Why are (some) Democrats signing on to the Republican bank bill?

Instead, a bipartisan group of 67 — 17 of them members of the Democratic caucus — voted to advance a bill that would roll back and revise regulations imposed on banks by the 2010 Dodd-Frank law. Democratic supporters of the legislation, almost all of them either up for re-election this fall and/or from
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Ghana: Reduce Lending Rates – President Urges Banks

President Nana Addo Dankwa Akufo-Addo yesterday inaugurated a new Ecobank Headquarters in Accra and urged banks to, as a matter of urgency, reduce their lending rates. This, he said would help private sector businesses to flourish and contribute to the government's efforts to grow the economy
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FCA updates its LEI validation rule for its market data processor

The Financial Conduct Authority (FCA) has updated the second Markets In Financial Instruments Directive (MiFID II) rule, amending the legal entity identifier (LEI) rule in relation to its markets data processor (MDP). The update comes after the European Securities and Markets Authority (ESMA) outlined
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Senior Business Analyst – Lending Program

Senior Business Analyst contract opportunity at a top tier Financial Services company to work on an innovative Lending program. Key responsibilities include: identifying stakeholders, running workshops, writing User Stories, process maps. There is plenty of work in the pipeline so there is a good chance
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PASLA: Regulatory harmonisation remains hurdles for balance sheet management

PASLA: Regulatory harmonisation remains hurdles for balance sheet management

Challenges from a lack of regulatory harmonisation remain the biggest hurdle today in terms of managing the balance sheet, according to delegates at the 15th Annual Pan Asia Securities Lending Association (PASLA) Conference. During the panel session, delegates were asked via interactive survey
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Her Husband Wanted To Be Buried With His Fortune Then She Left

This man worked all of his life and loved nothing more than his money. As the story goes, a dying man loved his money so much that he asked his wife to bury it all along with him—which would have left her with nothing. Her Husband Wanted To Be Buried With His Fortune, Then She Left Him This.
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Weekend Receptionist

Our client, a Real Estate Technology Company, is seeking a part-time Weekend Receptionist to join their team at their East Hampton location! In this client-facing role, you will take on a variety of…
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How the Google Doodle Is Celebrating International Women's Day 2018

Google is marking International Women's Day on Thursday, March 8 in its trademark way: with an on-trend Google Doodle. The illustration that adorns Google's search page will feature a series of visual narratives from 12 female artists. Google (googl, +0.53%) said it tapped the artists in an effort to
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URBAN AGENDA: Averting the Impending Subsidized Housing Crisis

The fate of Mitchell-Lama units offers a cautionary tale for New York's leaders, and should inform efforts to preserve New York's 180,600 subsidized units, which provide a reprieve from an increasingly unaffordable housing market. Housing New York, Mayor de Blasio's affordable housing program,
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How a Mysterious Case of 'Missing Energy' Caused Europe's Clocks to Run 6 Minutes Slow

… uncontracted electric energy from the Continental Europe synchronous area.” ENTSO-E's spokeswoman was not sure how Kosovo managed to rebalance its electricity production and consumption, but said an increase in production was likely. Fortune has asked the Kosovo Energy Corporation (KEK)
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Could Tragically Unhip Staten Island Really Be NYC's Next Hot Housing Market?

And they're happening at the same time as home prices and rents in Manhattan, Brooklyn, and Queens are soaring to unattainable new heights. Plus, Staten Island has the lowest crime of any of the boroughs, according to community data provider NeighborhoodScout. That's leading some New Yorkers
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Is It Time To Buy Aberdeen International Inc (TSE:AAB) Based Off Its PE Ratio?

Aberdeen International Inc (TSX:AAB) is currently trading at a trailing P/E of 1.5x, which is lower than the industry average of 13.6x. While AAB might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.
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Arrival of bank 'proves Island open for business'

Mr Collins said that DB's customer base in the Island had a very similar profile to Butterfield's existing banking business and he expected that most of the 130 Deutsche staff, including 90 in Jersey, would transfer with the business. The acquisition was not a 'cost play' he said – it was a market that they
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Korean Investors Are Hot on US Commercial Real Estate

“Last year, Korean capital focused on debt deals, senior loan, B-note and mezzanine deals, and selective equity deals,” Mayer Brown real estate partner Kwon Lee tells GlobeSt.com. “Such trends will continue in 2018 according to industry experts we spoke with.” Robert G. Koen, who heads Mayer
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Steve Meyers answers your real estate questions

2018 began the same way 2017 ended; inventory way down and prices up. January's median sales prices continued an upward trend. In Macomb County prices were up by almost 8% and Oakland County prices were up by more than 6%. January's residential home/condo on market inventory
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Anne Boden, the steelworker's daughter who started her own bank

The daughter of a steelworker and a department store worker from Bonymaen in Swansea, Anne Boden had a fairly ordinary Welsh childhood. Now she's part of a revolution in the financial world – and has set up her own online bank. As a pupil at Cefn Hengoed Comprehensive, Anne was good at
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Press focuses on President's call for reduction in lending rates

The call by President Nana Addo Dankwa Akufo-Addo on lending institutions to reduce interest rates dominates the headlines of Ghanaian newspapers on Thursday.The Ghanaian Times says the President has urged the banks to reduce lending rates to enable the private sector to flourish and
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UK house prices flat in February: RICS

UK house prices were flat in February as prices in London declined while the cutting of stamp duty for first-time buyers continued to have little impact on demand. The Royal Institute of Chartered Surveyors' UK Residential UK Residential Market Survey found prices were flat in February, the ninth
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This Florida Warehouse Is Producing 'Made in America' Kalashnikovs

Sanctions prevent the sale of Russian AK-47s in the U.S. One company found a workaround. By. Michael Smith. @SmithMarkets More stories by Michael Smith. and. Stephanie Baker. @StephaniBaker More stories by Stephanie Baker. March 7, 2018, 9:01 PM PST. Mikhail Kalashnikov with a model of
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The Real Deal's Long Island Market Report is now live!

It's not called Strong Island for nothing. The real estate markets in Nassau and Suffolk counties are, by and large, thriving, data and accounts from industry players show. Indeed, there's ever-increasing demand for commercial and residential spaces of every type, making it a market to bet on.
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'It helped me achieve my dreams': Kim Kardashian says being punctual, confident, 'passionate' led …

Kim Kardashian is one of the most successful women in Hollywood thanks to her hit show Keeping Up With The Kardashians and her KKW Beauty line that have earned her a reported $200m. And on Monday the 37-year-old shared her tips for making it big in a post for kimkardashianwest.com.
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International Business Machines Corp. (IBM) Holdings Cut by Alpha Windward LLC

Edge Wealth Management LLC lifted its holdings in International Business Machines by 3,114.0% during the 4th quarter. Edge Wealth Management LLC now owns 23,141 shares of the technology company's stock worth $3,560,000 after buying an additional 22,421 shares during the period. Peoples
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Facebook Apologizes for Survey Asking If It's Okay For Adults to Ask Minors For Sexual Images

Facebook apologized on Monday for a survey it sent to some users a day earlier asking if it was acceptable for an adult man to ask a 14-year-old girl for sexual pictures on its service. The survey asked users to indicate what would be appropriate “in an ideal world” if they were the ones to set Facebook's
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Average Single Family Home Costs $500000+ In The Denver Metro Area

DENVER (CBS4)– The housing market in the Denver metro area has hit a milestone. The average price of a single family home in the area costs more than a half million dollars for the first time in history. According to the Denver Metro Association of Realtors, the average price of a home for this month is
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Foreign investor strings together 13 acres of prime Santa Clara real estate

Foreign investor strings together 13 acres of prime Santa Clara real estate

An overseas investor has purchased two big Santa Clara properties in a matter of months, stringing together 13 contiguous acres of land dotted with four low-slung office buildings minutes from the city's biggest attractions. The most recent $41 million purchase, at 3003 Bunker Hill Lane, includes nearly
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Congress wants to gut Dodd-Frank banking regulations, a decade after a global meltdown

A procedural vote to scale back banking regulations is set for this Tuesday in the Senate, only 10 years after the Great Recession — caused by some of the regulations that Dodd-Frank hoped to address. The Senate plan is staunchly supported by the Trump administration — and all signs point towards it
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Large-Cap Funds Dump Tech Giants for Consumer Stocks, BofA Says

U.S. tech companies added more than $1 trillion in market cap last year, with gains from Apple Inc., Microsoft Corp., Amazon.com Inc., Facebook Inc. and Alphabet accounting for a quarter of the S&P 500's advance. Market darlings since the 2016 presidential election, tech stocks have seen passions
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Why India's banking sector is among the most vulnerable among G-20 economies today

When the Indian economy and its banking sector emerged relatively unscathed after the global financial crash of 2008, India's financial system became the envy of the world. That seems a distant memory today as the banking sector of the country reels under one of the worst crises it has faced in a long
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Democrats Question IRS on Real Estate Tax Mess

Democrats on the House Ways and Means Committee on Monday questioned the IRS on the real estate tax fiasco that took place after Congress passed sweeping new tax reforms in late 2017, and whether the agency was targeting taxpayers in blue states by threatening audits, The Hill reports.
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Senate banking bill likely to boost chances of bank bailouts, CBO says

A bipartisan bill that's on the Senate floor this week would increase the odds of government funding going to bail out failed banks, according to a new report from the Congressional Budget Office. The bill, which is scheduled for an initial Senate vote Tuesday and is expected to pass the chamber as soon
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Would Right of First Refusal alleviate Cambridge's housing crisis?

The Cambridge City Council recently voted to support a proposed state law that could have a major impact on the city's housing market and its tenants. But the bill isn't without opposition. An Act to Preserve Affordable Housing Through a Local Option Tenant's Right to Purchase, Bill H.3017, proposes to
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Ripple Pares Gain After Coinbase Shoots Down Trading Speculation

Ripple, the third most valuable digital token by market value, pared gains after one of the biggest U.S. cryptocurrency exchanges reiterated that it hasn't decided whether it will add new coins to its marketplace. “Our January 4th, 2018 statement continues to stand: we have made no decision to add
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Tucson Real Estate: Reusable moving box shop coming to town

The investor plans to transform the properties into high-end student living units. James Crawley and Hamid Panahi, with Marcus & Millichap's Tucson office, represented both parties. Sycamore Cove Apartments, a 67-unit complex at 2458 N. Sycamore Blvd., was bought by California investors for $2.4
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Trump Administration Backs Internet Taxes at US Supreme Court

The case will also affect Amazon.com Inc., though the biggest online retailer isn't directly involved. When selling its own inventory, Amazon charges sales tax in every state that imposes one, but about half of its sales involve goods owned by third-party merchants. For those items, the company says it's up
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Cargill Will Offer Big Data That Helps Make Shrimp Jumbo

Cargill Inc. plans to offer big data to boost shrimp production, expanding technology tools that bolster agriculture to aquaculture. Predictive software that relies on machine learning and sensors will help farmers analyze everything from the size of shrimp and feeding patterns to water quality and weather
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Mexico Delays Nafta Cars Counteroffer While US Consults Industry

United States Trade Representative Robert Lighthizer discusses Nafta negotiations at a news conference in Mexico. U.S. Trade Representative Robert Lighthizer says he's working with the auto sector to try and find a breakthrough on automotive rules of origin, one of the biggest sticking points in Nafta
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Apple's Next Big Thing May Be High-End Headphones

Apple hopes to build on the success of its AirPods earbuds by introducing high-end headphones, according to a new report. The tech giant is working on new headphones that would fit over the ear and also come with noise-canceling technology that would eliminate ambient noise, Bloomberg is
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US Says Time Running Out for Nafta Deal

U.S. Trade Representative Robert Lighthizer said progress on updating Nafta fell short of expectations during the latest negotiations and that time is running out for a new deal. “Our time is running very short,” Lighthizer said during a ministerial briefing at the conclusion of the seventh round of talks in
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Steel Tariffs May Trip Up Another Industry Trump Loves: Coal

While tariffs could increase domestic demand for metallurgical coal — which is used in the steelmaking process — most of the market for that fuel is abroad. About 75 percent of the coking coal U.S. miners produced in 2017 was sold internationally, with Brazil, Japan and Ukraine being the biggest buyers,
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TPG Specialty Lending Inc (TSLX) VP Alan Waxman Buys 1120 Shares

TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) VP Alan Waxman bought 1,120 shares of TPG Specialty Lending stock in a transaction on Thursday, March 1st. The stock was purchased at an average price of $18.28 per share, for a total transaction of $20,473.60. The transaction
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American Banker Releases New Best Fintechs to Work For Ranking

American Banker is the leading brand in a family of information services that include PaymentsSource, National Mortgage News and Financial Planning, as well as conferences such as Digital Banking; In|Vest: Innovations in Investing, Savings and Advice; PayThink; Digital Mortgage; and Dig-In: The
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Commentary: Uber's Newest Venture Shows It's Finally Growing Up

A green bicycle is locked to a pole beside a bright yellow taxi, on June 11, 2014 in Chicago, Illinois. Melanie Stetson Freeman—The Christian Science Monitor via Getty Images. By Richard Fries. March 5, 2018. In the past year alone, a handful of dockless bicycle startups have moved into dozens of U.S.
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Top North Bay real estate brokerage names sales manager; other local professionals news

Elizabeth Pedrick has been promoted to manager of sales and director of agent development at Bradley Real Estate. Pedrick, whose career in Bay Area real estate spans nearly 30 years, succeeds Ronna Somers, who is retiring. Bradley Real Estate, founded in San Anselmo, is the largest independently
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Wheel of Fortune mentions Eagles are Super Bowl champions

Wheel of Fortune mentions Eagles are Super Bowl champions. The Eagles winning the Super Bowl was the subject of a Wheel of Fortune puzzle. … Philadelphia Eagles fans would have enjoyed Monday's episode of Wheel of Fortune, with one of the puzzles trolling the rest of the National Football
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Traders Buy Spdr Bloomberg Barclays International Treasury Bond Etf (BWX) on Weakness

Traders Buy Spdr Bloomberg Barclays International Treasury Bond Etf (BWX) on Weakness

Spdr Bloomberg Barclays International Treasury Bond Etf logo Traders bought shares of Spdr Bloomberg Barclays International Treasury Bond Etf (BMV:BWX) on weakness during trading hours on Monday. $78.78 million flowed into the stock on the tick-up and $20.07 million flowed out of the stock on
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Sign On

Enter your username and password to securely view and manage your Wells Fargo accounts online. Account Summary, Transfer, Bill Pay, Brokerage, Trade, Messages & Alerts. Account Summary. Username. Beginning of popup
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NICAR and RealConnex Announce Partnership to Accelerate Sales for Commercial Real Estate …

RealConnex is the world's first Accelerator connecting real estate professionals to capital, investments, services and each other. It provides all the tools a professional needs to network, build profile, credibility & influence; tools to buy, sell & lease, prospect and connect to opportunities. It's professional
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Reimagining Lending Risk Management for the Digital Era

[Editor's Note: This is a guest post from Venkatesh Bala, PhD, the Chief Risk Officer for Biz2Credit, LLC, a leading online marketplace for small business credit based in New York. Biz2Credit has facilitated more than $1.7B in funding since 2007.] As of February 2018, US bank lending of various kinds
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Lost mortgage payments leave homeowner in a bind

A San Rafael homeowner began receiving late notices for mortgage payments she said she had already paid. … Complaints of lost documents are common for people in disputes with mortgage companies, especially during the height of the foreclosure crisis, but this may be the first complaint we
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Six charged with retaliating against a witness on central SD reservation

Hunkpati Investments has a goal of supporting the financial stability of individuals, families and businesses on the reservation and in the central South Dakota Indian community through providing homeownership, financial education, credit repair loans and planning, mortgage financing referrals, and
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Exclusive: Benga Sofoluwe leaves Citi

Benga Sofoluwe has departed his role as managing director, regional head of securities lending and delta one sales, Asia Pacific, at Citi. Sofoluwe, who was based in Hong Kong, joined Citi in 2014 to run the bank's equity finance desk. Previously, Sofoluwe served as managing director and European
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Banks loosen the reins on interest-only lending

“It's been a tough year for home owners looking for interest-only lending who have had to endure at least one, if not multiple, out of cycle rate hikes,” she said. “This is the first sign of a reprieve. “These rate cuts suggest banks are looking to accept more interest-only loans on their books after overshooting
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Rise of "Brand Yorkshire" boosts the region

Crucially, international buyers see the region, and the UK, as a great platform to access British ingenuity, know-how and brands that they can leverage in their own domestic markets. Equally, these deals offer international firms a chance to make sure that they have operations on both sides of the
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Servicing the Underserved

Brousseau // The two most notable trends on the lending side have been a shift away from a very high volume of rate and term refinance business toward cash out. We've had record low rates for years, and consumers have had ample opportunity to take advantage of refinancing. Although we're still
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Amazon to Expand Whole Foods Delivery to San Francisco

Amazon.com Inc. plans to offer grocery deliveries from Whole Foods stores in San Francisco, according to people familiar with the matter, expanding a test of the service launched in four other cities. Workers will select groceries off the shelves from at least two San Francisco Whole Foods stores and bag
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Gilpin mulls real estate tax break to lure business

Michael Coonley, executive director of the Armstrong County economic development department, said the abatement can be given when a company invests in a building or property and its assessment increases as a result. “It's a graduated tax abatement that, over 10 years, reduces the assessment by
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Outskirts Press Lives Up to No. 1 Self-Publisher Title in 2018

Outskirts Press Lives Up to No. 1 Self-Publisher Title in 2018 Outskirts Press, a full-service self-publishing company, has been named the No. 1 self-publisher by Top Consumer Reviews multiple years in a row and has recommitted itself to the tradition of excellence in 2018. Top Consumer Reviews
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Construction of new housing is not making a huge difference to housing prices

Melbourne has been undergoing a similar boom after its house prices rose by 50 per cent. But a NSW parliamentary inquiry into land release and housing supply has been told the massive construction projects have had a minimal impact on prices in the state. According to The Daily Telegraph, Shelter
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Sewage disposal company sued for illegally dumping waste into Millbury's sewers

The Massachusetts Clean Waters Act and Title 5, which regulates septic systems, require septage transport companies to comply with local sewer rules. The Upper Blackstone Water Pollution Abatement District local rules only permit septage haulers to discharge waste directly into the treatment facilities
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Kim Jong Un Sits With Seoul Officials for Hours in First Meeting

North Korean leader Kim Jong Un spent more than four hours with South Korean President Moon Jae-in's special envoys late Monday in his first meeting with officials from south of the border since he took power in late 2011. The envoys delivered Moon's intention to hold a summit with Kim, and the two
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Need to Know Real Estate News …

Now we have some idea of what the Moshayedi family plans to do with all the property it has acquired on both sides of West Coast Highway along Newport Beach's Mariner's Mile. Mariner's Mile extends from Dover Drive to the bridge that carries Newport Boulevard over PCH. The family, including
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Spokane's housing market extremely competitive for potential buyers

SPOKANE, Wash. – With a strong economy, Spokane's housing market is flourishing, but there aren't enough homes available for everyone who wants to buy. Spokane's home inventory is at an all time low, especially as more homes get sold. That makes things extra competitive in the race to find your
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Bitcoin and Ripple Have Busy Days; Amazon's Banking Hopes Threaten Walmart-ICYMI

We're back within shouting distance of all-time highs after a nice rebound Monday that saw the Dow Jones Industrial average close up more than 300 points. Perhaps a bit of a correction after the markets sold off for four straight days following President Donald Trump's plans to impose strict import tariffs
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Market depth in the UK housing market

This study uses regional data from the UK housing market to analyse market depth. Market depth is the trading volume required to move market prices by one unit. Two methods are applied in this study to analyse the depth of the housing market. First, the responsiveness of housing prices to changes in
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Non-performing mortgage loans swell to N$1,3b

Non-performing mortgage loans swell to N$1,3b

“The remaining N$11,3 billion accounts for mortgage loans extended to the commercial (business) sector, with an annual average growth of 6,8% for 2017. Mortgage credit extended to the household sector makes up 76,2% of total mortgage credit extended to the private sector, while mortgage loans
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Banking scandal that shook Peter Tangwena

In the early 2000s, Peter Tangwena became the face of flamboyance in local showbiz. He would go to shows with a convoy of latest posh vehicles of that time. Many musicians wondered how he did it. Even his followers were not sure about the source of his “wealth”. Everyone knew that Tangwena was a
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Canada, Mexico to Get Initial Exemption From Trump Tariffs

Peter Navarro discusses Gary Cohn's White House exit, U.S. economic policy, and President Trump's proposed tariffs. The Trump administration will initially exclude Canada and Mexico from stiff tariffs on steel and aluminum imports, an exemption they would lose if they fail to reach an updated Nafta
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Landbay doubles lending volumes in six months

The specialist mortgage marketplace lender saw lending volumes almost double during the last six months after previously reporting a lending total of £59.56m in September 2017. Landbay has attributed the growth to its advanced, modular technology and tailored approach to underwriting, which
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JK Rowling Gives Away a Huge Part of her Fortune At least some

K. K Rowling sold her soul to the devil in exchange for the Harry Potter inspiration? When you're so Even though we give these Gilded Age guys a lot of tough love for being so filthy rich, you can't say they didn't do good with their fortunes. As a publishing icon—enriched by her own jk-rowling. Rowling
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What happened?

“We had fire clear to the alley in both of them,” said Garwood. Garwood told Dan McCann of Ben ton County Title he would save Fischer Law Firm and the title company buildings.” Unfortunately, the fire was in the top and gone through the common wall. He then pledged to safe the title company building.
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Hot property: billionaire pays US$85 million for Malibu estate

The Malibu estate of West Los Angeles real estate agent Kurt Rappaport has quietly been sold to billionaire investor Daryl Katz for US$85 million – an all-in price that includes the furnishings, says a spokesperson for Katz. The off-market transaction ties that of US business magnate David Geffen's
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5 tips to help you stop impulse buying

If you have trouble sticking to a list and controlling those impulsive urges, shop with someone who might frown on your throwing something extra in your cart, said Neal Stern, certified public accountant and member of the Association of International CPAs' National CPA Financial Literacy Commission.
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In a Possible Crime, Trump's Golf Courses Ordered Markers Emblazoned With Presidential Seal

The Trump Organization has ordered a set of golf course markers emblazoned with the presidential seal, raising questions about whether its use of them is illegal, according to a new report. The company has ordered “dozens” of round replicas of the seal to be placed next to the tee boxes at Trump golf
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Convenience-Store Squeeze Shows Deflation Dilemma Facing BOJ

Takanori Sakai works the graveyard shift four nights a week at the FamilyMart store he owns in Himeji, central Japan, because he can't afford the higher pay employees demand these days. “More and more stores can't secure a profit,” the 57-year-old said. Problem is, with competition just down the street
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Home Sweet Home

Almost every facet of the Shelby County housing market showed improvement or promise in 2017, and the stellar year saw a new record high for average home sales price and a historic low number foreclosures. Three real estate panelists – Jason Woods, Dan Butler and Gary Thompson – gave their
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Cause of Revere fire remains a mystery

Thomas Grillo Thomas Grillo is an award-winning business reporter who has worked at Boston's major newspapers covering real estate trends such as the emergence of Assembly Square in Somerville and chronicling the growth of Boston's Seaport District. In Lynn, Thomas covers City Hall and
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Scott Co. wins thriller over LCA to claim 11th region title

RICHMOND, Ky. (WTVQ) – It lived up to the hype and billing. Scott County senior guard Cooper Robb nailed two late free throws and LCA had a good look at the buzzer to end a thriller at EKU as the Cards won 46-44. Junior forward Michael Moreno added a game-high 21 points to hold off LCA's Kyle
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New York Mortgage Trust Inc. (NYMT) Soars 6.56% on March 05

Shares of New York Mortgage Trust Inc. have been trading within a range of $6.69 and $5.35 over the last year, and it had a 50-day SMA of $5.88 and a 200-day SMA of $5.92. New York Mortgage Trust Inc is a real estate investment trust. The Company is engaged in acquiring, investing in, financing and
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Investors Title Company (ITIC) Moves Higher on Volume Spike for March 05

Investors Title Company (ITIC) traded on unusually high volume on Mar. 05, as the stock gained 1.07% to close at $193.40. On the day, Investors Title Company saw 6,370 shares trade hands on 90 trades. Considering that the stock averages only a daily volume of 1,682 shares a day over the last month
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Project Manager – Wholesale Lending Services (WLS) Integration Management in Newark, DE

Wholesale Lending Services (WLS) services several lines of business within JPMorgan Chase, including Business Banking, Global Wealth Management, Investment Banking and Commercial Banking. The group consists of approximately 1,300 employees and is responsible for over $500 billion in
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Airbnb ready to make concessions in Singapore

A top executive at Airbnb said the home-booking company is willing to make concessions on short-term rentals within Singapore, which is one of the toughest markets in which it operates, reported Reuters. The move comes after two men were charged for unauthorized short-term rental of apartments
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Billionaires Battle Over Inglewood Turf for New Clippers Arena

Billionaire Steve Ballmer's plans to move the Los Angeles Clippers to a new home in Inglewood, California, has prompted a lawsuit by New York Knicks' owner James Dolan, who owns the Forum just down the block. MSG Forum LLC, a unit of billionaire Dolan's Madison Square Garden Co., accused the
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Voices of Fortune: Social Justice Through Creativity

Through creativity, The Fortune Society participants find self expression and healing. Read our latest edition of the Voices of Fortune publication.
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ARRIS International plc (NASDAQ:ARRS) CEO Buys $37080.00 in Stock

Strs Ohio lifted its stake in shares of ARRIS International by 78.0% in the fourth quarter. Strs Ohio now owns 3,310,000 shares of the communications equipment provider's stock worth $85,033,000 after buying an additional 1,450,000 shares during the last quarter. Cornerstone Capital Management
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Twitter Says It Is Implementing Measures to Prevent Crypto Scams

Twitter Says It Is Implementing Measures to Prevent Crypto Scams

Twitter issued its statement in response to a Bloomberg inquiry regarding the restriction of the @Bitcoin handle. It declined to comment on personal accounts for security reasons. Upon visiting the profile, a caution note appears saying: “Caution: This account is temporarily restricted. You're seeing this
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Is the Raleigh housing market undervalued?

Home prices are rising in Raleigh, but not nearly as much as other tech hubs around the country. The five-year appreciation rate in home prices across the Raleigh metro area is 27 percent, according to a new report from data analytics company CoreLogic. While that's above the state average of 25
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David Drumm told executives to 'look under every rock' to reduce lending as financial crisis …

“I don't think so,” Mr Moran replied. He added that the recipients of the mail were “all lending people.” The court also heard there were meetings held in David Dumm's office on Friday afternoons from August to early September 2008. They were attended by a wide group of of people looking at funding
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Eastside median home prices nearing $1 million as housing market remains scorching hot

It's even a greater pace of acceleration on the Eastside, where the median home price is nearing $1 million at $950,000. Another benchmark was reached in the Seattle condo market where the median price was $535,000, surpassing the half million mark for the first time. If all of this has you running for
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Annaly Capital Management, Inc. (NYSE:NLY) Publishes White Paper on Credit Risk Transfer

Annaly Capital Management, Inc. (NYSE:NLY) announce the publication of a new research report titled “Credit Risk Transfer and De Facto GSE Reform.” The report, which summarizes and evaluates Fannie Mae and Freddie Mac's Credit Risk Transfer (“CRT”) initiative, is co-authored by David
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Ripple's Plan To Enhance, Not Kill, the Global Payments System

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. If you're more like me and less like the authors of Fortune's outstanding blockchain and cryptocurrency site The Ledger, this newfangled stuff is more often than not clear as mud. I don't intend to
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Aurora Wins Support for Biggest Marijuana Takeover Yet

Aurora Cannabis Inc. has won the necessary support for its takeover of CanniMed Therapeutics Inc. in what would be the largest marijuana takeover yet, according to people familiar with the matter. Aurora, which runs its operations out of Edmonton, Alberta, agreed to acquire CanniMed Therapeutics in
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Legal & General holding Spring Conference in Leeds

Legal & General Mortgage Club will hold its Spring Conference on Wednesday 14 March at Leeds United Football Club, showing the predictions and views of some of the industry's leading figures. It will be hosted by Kevin Roberts, the new director of Legal & General Mortgage Club, and will give
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County balks at road paving

Shaver said it was to satisfy the need of a title company to be able to write title insurance. Commissioner Leo Bradshaw made the motion for all three actions, including the sale of tracts 1-139 to TV Holdings LLC for $2,278.26, each payable in credit toward assessments. Tinker seconded the motion.
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New home-price highs: $777000 in Seattle, $950000 on the Eastside

Robert Wasser, a board member for the multiple listing service and owner of Seattle-based Prospera Real Estate, said to expect prices to continue to rise until at least summer. There's another less-noticed but significant trend putting a damper on affordability: rising mortgage-interest rates. Interest on
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Canadian Housing Market Signals a Weak Year for Mortgage Lenders

Canada's housing market, teetering on the brink of a downturn, doesn't send an encouraging signal to mortgage lenders who were hoping a rebound in sale activity this spring. The latest housing data show that sales are down drastically in February when compared to the same month a year ago.
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Natural Products Expo West 2018 Opens with Announcement of 10 Trends Giving Rise to …

New Hope Network is part of Informa's Global Exhibitions Division. With over 200 trade and consumer exhibitions annually, Informa Exhibitions is a global market leader in such end markets as Boating, Beauty, Construction & Real Estate, Life Sciences, Maritime, Health & Nutrition, Agriculture and Pop
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The Best Design Is About Creating a Seamless Experience, Says Samsung's Design Chief

Don-Tae Lee, executive vice president and head, corporate design center, Samsung Electronics, speaks at the Brainstorm Design conference in Singapore on Mar. 7, 2018. Stefen Chow/Fortune. By Eli Meixler. 10:52 PM EST. If good design is about creating a seamless experience, there are few who
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House passes CUNA-backed EGRPRA, mortgage bills

One would require a regulatory review from financial regulators every five years (a process NCUA participates in voluntarily every three years) and the second would grant certain loans held in portfolio Qualified Mortgage status. “Both of the bills are common-sense, pro-consumer pieces of legislation
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22-Year-Old Behind $5 Billion Crypto Is Just Getting Started

Following the involvement of some German companies such as Volkswagen AG, the next growth phase for IOTA is now starting, the 22-year-old said in an interview with Bloomberg. In addition to the Berlin base, offices are being set up in Toronto, Tokyo, Oslo and Taiwan. “Many still perceive IOTA as a
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MBA: Mortgage apps increase slightly for second consecutive week

The MBA reported mortgage interest rates for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) increased from last week's 4.64% to 4.65% this week, the highest level since January 2014. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan
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Was This Oil Giant Smart or Just Lucky?

A pumpjack operates near a Nabors Industries Ltd. drill rig standing over an oil well being drilled for Chevron Corp. in the Permian Basin near Midland, Texas, on March 1, 2018. Photographer: Daniel Acker/Bloomberg. In the control room of Chevron Corp.'s Scharbauer SE71 oil well, midway up a
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ING & Credit Suisse Test Blockchain for Securities Lending

ING, Credit Suisse Securities (Europe) Ltd., and lending solutions provider HQLAX report that they have recently executed a live securities lending transaction valued at €25 million ($31 million) that was settled using a blockchain platform, Corda, developed by vendor R3. Called “a groundbreaking
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Think twice about that bipartisan 'no-fly, no-buy' gun control bill

When checking-in for a flight out of Sacramento International, Tom McClintock learned he was a terrorist. More specifically, McClintock learned he was a member of the Provisional Irish Republican Army. Except McClintock harbors no sympathy for the IRA and McClintock has never felt strongly one way
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HUB International buys Rubino Enterprises, Spectra Management

Continuing its breakneck buying spree, HUB International has purchased Rubino Enterprises of Arlington, Mass. and Spectra Management of Sandy, Utah. The two brokerages are the latest to join HUB's growing family of employee benefits businesses. Rubino Enterprises is the new name for TYG
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