With Bank of America stock enjoying new highs, and JPMorgan and Goldman Sachs right behind it, sticking with this sector may be a good idea for investors. The valuations are dirt … When mortgage rates get too high, it could temper the housing market as home affordability falls. A decline in ownership
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Photo (c) Evgen_Prozhyrko – Getty Images Coastal real estate markets, where big salaries have boosted home prices well beyond the national average, may get a little smaller this year. Markets like Las Vegas and Denver have begun to draw people from California's most expensive markets. It's a trend
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After a decade of rapidly growing smartphone sales cooled off last year, a surprisingly low-cost communications device made a big comeback: the humble feature phone. Typically priced at $100 or less, feature phones can do more than just make phone calls and textâthe realm of so-called dumb
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The new ownership financed the acquisition with a 10-year, $29.9 million Freddie Mac loan. Located at 200 River Haven Circle in Hoover, Ala., Riverchase Landing sits within one mile of Montgomery Highway and interstates 65 and 459, enabling easy access to downtown Birmingham. The property's
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We have the connections! Sparks Group has access to employment opportunities with an organization ranked in the Top 50 of the Fortune 500 in Frederick, MD. We are currently seeking experienced loan document reviewers responsible for performing mortgage document analysis and coordination
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With the exception of the troubled retail sector, delinquency rates across property types supporting commercial mortgage-backed securities were mostly flat to declining in February compared with January, Fitch Ratings said. February's total delinquency rate was 3.01%, down from 3.12% in January and
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The inventor of the World Wide Web, Tim Berners-Lee, has suggested that his creation could do with more regulation. In particular, Berners-Lee is worried about the web being âweaponizedâ in order to spread conspiracy theories, âstoke social tensionsâ through the use of fake social media accounts, and
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The Customer Service Representative I provides legendary Customer Service while selling/ cross-selling TD products to new and existing Customers. Takes residential mortgage loan applications AND offers or negotiates terms of residential mortgage loans for compensation or gain.
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As mortgage brokers gain more leverage in the market, concerns about borrower poaching and retention are making channel conflict with lenders more prevalent. A group called Brokers Against Wholetail Lending, or BRAWL, released a three-tier ranking of wholesalers based on brokers' perceived
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Members of the National Rifle Association are more worried about their identities than their money. Writer Marc Fisher's recent article in The Washington Post cited former NRA lobbyist Richard Feldman's skepticism that NRA members would abandon the group due to the loss of credit card discounts.
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A bipartisan financial reform bill making its way through the Senate this week could allow midsize banks in the auto space to be more competitive with non-bank institutions, especially in the nonprime sector, said Michael Vogan, lead auto economist at Moody's Analytics. Senate bill 2155, sponsored by
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Texture offers a $9.99 monthly fee to read an unlimited number of articles from magazines like Vanity Fair, Esquire, National Geographic, Sunset, and Fortune. Apple (aapl, +1.66%) already has a free news and magazine reader called Apple News, which aggregates news articles from multiple sources
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According to real estate information company Chandler Reports, the average home sales price in Memphis and Shelby County for February rose 3% to $149,432 when compared to last year's figures. That coincides with a 9% increase in the volume of home sales year-over-year â up from $162 million to
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By Jan Strupczewski. BRUSSELS, March 12 (Reuters) – No quick breakthrough is expected in talks on Europe's banking union, even though the rise of eurosceptic parties in Italy and the threat of a global trade war make deeper integration more necessary, euro zone finance ministers said on Monday.
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ODT senior business reporter Simon Hartley asks if cracks are appearing in the southern housing market. Quotable Value spokeswoman AndreaRush believes there is no regional downturn. House values across Otago have grown by at least 30% to 40% in most townships and suburbs since the start of
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The bank entered the Kansas City market in January 2014 and has been methodically building up its banking team here since, adding commercial lenders, mortgage lenders and private bankers. Now it's adding Anderson to the mix. âFidelity Bank's size, strong capital position and construction lending
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Strategies tooled for one-direction markets may have doomed managers, according to Quest Partners' Nigol Koulajian. … models to a calm bull market, creating strategies ill-suited to market shifts, the $1.4 billion quant fund's chief investment officer said in a recent interview with Bloomberg News.
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State Bank of India To Tighten Lending Standards to Gem & Jewelry Sector. Economy. 16:07. The latest fallout from the Nirav Modi-Gitanjali scandal that has rocked India's diamond and jewelry sector comes in the form of the State Bank of India's (SBI) decision to tighten the collateral demands on
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As the regional finals of the 2018 North East Business Awards get under way, last year's winner of the prestigious Company of the Year accolade, Omega Plastics, has opened up about what the title has meant for business and what the next winner has to look forward to. After scooping the top award at
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RM Secured Direct Lending PLC (LON:RMDL) has provided more detail on its plans to raise capital. The company, an investment trust that specialises in secured debt investments, has previously indicated it would issue âCâ shares at 100p a pop, and this is still the case, but it has now decided it will also
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