BNY Mellon to provide securities lending for Wichita, Kansas Retirement Systems

BNY Mellon to provide securities lending for Wichita, Kansas Retirement Systems

Wichita, Kansas Retirement Systems (WRS) has selected BNY Mellon to provide securities lending services as well as global custody, accounting and reporting, compliance monitoring, benefit disbursements and cash sweep. WRS provides retirement and survivor annuities, disability benefits, death
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HouseCanary wins $706M after getting sued by Quicken Loans affiliate

A federal jury in Bexar County, Texas, unanimously decided in HouseCanary's favor against Amrock, an affiliate of Quicken Loans formerly known as Title Source that provides home valuations, title insurance and closing services. HouseCanary is based in San Francisco, but operates its data analytics
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MID-DAY: Loonie slumps further weighted by housing market drop; Blackberry shares boost as …

The Loonie continues to tumble as its cross border counterpart is gaining. The Canadian currency has dropped to 76.46 cents US this morning weighted by a slumping Canadian housing market. The Greenback is also playing a role as the White House's new economic adviser gave a stellar report on
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Friday March 16 2018, Daily News Digest

How to evaluate credit for marketplace lending. SoFi CEOs top 3 things. Assetz Capital secures new institutional funds. Experiance buys ClearScore.
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Hedge funder John Paulson, who made a fortune betting against subprime, is cutting staff

Hedge funder John Paulson, who made a fortune betting against subprime, is cutting staff. John Paulson, the hedge funder who made billions betting against subprime, laid off senior traders and partners this week. Paulson and Co profited during the financial crisis due to his bet against subprime
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Hangover Grips US Corporate Bond Market After Investors' Binge

For years, investors have gorged on corporate debt. Now they're showing signs of being full. Fewer orders are coming in for new bonds, relative to what's for sale. Companies that sell notes are paying more interest compared with their other debt, according to data compiled by Bloomberg, and once the
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Li Ka-shing: A Billionaire Retires

With an estimated fortune of about $34 billion, Li Ka-shing has been a fixture in Hong Kong as the city's richest man for an entire generation. He spearheaded an era defined by a handful of swashbuckling Chinese immigrants who built large empires across Asia. Li, the 89-year-old chairman of CK
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Microsoft Is Working on a Netflix for Video Games

Microsoft has a plan for getting 2 billion gamers around the world to use its service. In an interview with The Verge, a Microsoft Xbox team member said that the company is working on a service that would function in much the same way as a Netflix for video games. The service would offer users access to
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Analyzing AGNC Investment (AGNC) and Starwood Property Trust (STWD)

… Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs). Its agency securities include agency residential mortgage-backed securities (Agency RMBS) and to-be-announced
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February Home Prices Up 8.8 Percent

“Mortgage rates pushed upwards in February to the highest levels in nearly three years as home prices increased by their fastest pace since March 2014,” said Redfin Chief Economist Nela Richardson. “A growing … The good news for sellers is modest rate increases are unlikely to curtail buyer demand.
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Complaints about Canadian banks increased 28% last year, ombudsman says

According to the annual report of the Ombudsman for Banking Services and Investments (OBSI), the office opened 370 investigations into banking-related complaints from Canadian consumers last year. That's a little more than one per day. The previous year, OBSI opened 290 new files about banks.
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Appraisal Alternative Offered on Qualifying Freddie Mac Loans

Freddie Mac has begun offering an alternative to appraisals on certain types of purchase and refinance loans, moving to match their counterparts at Fannie Mae. This is great for clients because it means there's one less hurdle to worry about when looking to purchase or refinance a home. Fewer hurdles
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FINANCIAL ADVISOR JOSEPH XERRI EARNS TITLE OF SENIOR VICE PRESIDENT …

Wells Fargo Advisors is the trade name used by Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. All data includes Wells Fargo Clearing Services, LLC and Wells
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Berkeley defies government's demand to build more houses

The upmarket London housebuilder Berkeley is refusing to follow the government's demands to build more homes, saying that various “market constraints” made it impossible to increase supply beyond its current plans. The announcement has sent the housebuilder's shares down by 6 per cent, making
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Current Mortgage Rates on Track to Finish Lower on the Week

Mortgage rates are on track to finish out the week lower than where they started for the first time in 2018. This is obviously good news for borrowers looking to buy a home or refinance their current mortgage. If you want to take advantage of the dip, you should try and act quickly because rates could jump
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Recent real estate transactions across Pima County

Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has announced the sale of Sycamore Cove, a 67-unit apartment property in the Oak Flower neighborhood. The firm, which acquired the asset in
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Reverse mortgages are an option for homeowners

CHARLOTTE – Fairway Independent Mortgage Corporation has dramatically grown its regional footprint over the past 10 years by offering homeowners and buyers superior customer service and tailored loan options, including the Home Equity Conversion Mortgage, or HECM, more commonly known
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Banks continue moving out of Madison

Wells Fargo's decision to close its Mars Hill branch will leave Madison County with three brick and mortar bank locations to cover its 450 square miles beginning this summer. Asheville Savings Bank in Mars Hill, plus Marshall branches of First Citizens Bank and the State Employees Credit Union, which
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US industrial output soars; housing starts fall

While the volatile multi-family housing segment accounted for the decline in home building last month, the broader housing market appears to be slowing. Sales of new and previously owned homes have slumped in recent months as a dearth of properties boosted prices, sidelining some first-time home
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Keybank National Association OH Has $1.43 Million Holdings in Encore Wire Co. (NASDAQ:WIRE)

Encore Wire logo Keybank National Association OH decreased its position in shares of Encore Wire Co. (NASDAQ:WIRE) by 5.8% in the 4th quarter, … is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing.
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Commercial property lending expected to rise despite Brexit concerns

Commercial property lending expected to rise despite Brexit concerns

Commercial property lenders in the UK are confident about the year ahead, even though the country's upcoming exit from the European Union is at the forefront of most lenders' minds at the moment. The latest research from Link Asset Services has revealed that almost three quarters (72%) of
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Arch's Freddie Mac mortgage risk deal. A glimpse of the future?

Mortgage risk Arch Capital has established Arch MRT (Mortgage Risk Transfer we assume) as a new subsidiary in the United States, to participate in the Freddie Mac sponsored mortgage credit risk transfer program “IMAGIN” (Integrated Mortgage Insurance). Arch explained that the arrangement will
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Goldman Sachs Pays Women in UK 56% Less Than Male Colleagues

Goldman Sachs Group Inc. pays women in the U.K. an average of 56 percent less than male colleagues, another stark example of the entrenched gender imbalances in the richest corners of the global economy. The gap widens to 72 percent for year-end discretionary bonuses, a spokesman for the Wall
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Apple Is Planning Its First Education-Related Event Since 2012

Apple Inc. will make an education-focused announcement at a Chicago high school on March 27. The iPhone maker typically holds its product announcements in California, at its campus in Cupertino, or at nearby convention centers, making this an unusual event. Its last education-related event took
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This is How Amazon Evaluates the Success of Amazon Prime Originals

No one outside of Amazon can say for sure how many people have Prime memberships, but new information from the Seattle retail giant gives a hint about how the company gauges the success of its original content. Amazon measures “cost per first stream,” which divides the total cost of producing and
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Fannie Mae rolling out mortgage underwriting changes on layered risk

… credit risk assessment,” Fannie confirmed in a recent email to sellers. When Fannie increased the maximum DTI to 50% from 45% in its 10.1 DU update last year and brought the limit in line with competitor Freddie Mac's, it removed maximum loan-to-value ratios and minimum reserves requirements for
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Why is gender bias in the mortgage industry still accepted?

Rob Chrisman distributes a daily email newsletter six times a week for the mortgage lending industry. It's a combo platter of news, events, industry gossip, paid promotional content, recruitment opportunities and commentary that reaches well over 40,000 people in various parts of the mortgage and real
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10 Ways to Borrow When Retired

This alternative to a home-equity loan involves refinancing your existing home for more than you owe but less than the home's value. The extra amount becomes a secured cash loan. Unless you refinance for a shorter term, say 15 years, you will extend the time it takes to pay off your mortgage.
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The Finance 202: Hensarling eager to put his stamp on Senate banking bill

The package aimed at paring post-financial-crisis rules mostly for small and community banks steamed through the upper chamber Wednesday. But House Financial Services Committee Chairman Jeb Hensarling (R-Tex.) insisted yesterday he will put his stamp on it, potentially threatening what its
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Corsair Capital Management LP Buys 8061 Shares of International Game Technology (IGT)

International Game Technology logo Corsair Capital Management L.P. increased its stake in International Game Technology (NYSE:IGT) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 153,061 shares of the company's
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Why the Cofounder of This Hot Crytocurrency Startup Is Out After John Oliver Criticized Him on …

Pierce denied the sexual abuse allegations, telling Reuters that two of the suits were dropped. He did however, pay over $21,000 to settle another, according to Reuters. Neither Piece nor vlock.one responded to immediate requests by Fortune for comment. On Monday, Pierce appeared to be amused by
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Marketwatch, March 16, 2018

Freddie Mac says the average rate on 30 year fixed rate mortgages slipped to 4.44-percent. Ford Motor Company announced a facelift for their fleet. The plan includes revamping three quarters of its models in the next two years. The focus will be on the entire lineup of SUV's while adding gas electric
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Britain is now threatening to seize Russian oligarchs' luxury real estate after ex-spy's poisoning

As British investigators examine the theory that a deadly Soviet-developed nerve agent was put into the luggage of Yulia Skripal before she flew from Moscow to Britain on March 3 to visit her father, former Russian spy Sergei Skripal, the aftermath of their March 4 poisoning is spreading throughout
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ServisFirst Bank Atlanta Announces Regional Banking Changes

ATLANTA, March 16, 2018 (GLOBE NEWSWIRE) — ServisFirst Bank, a subsidiary of ServisFirst Bancshares, Inc. (NASDAQ:SFBS) has recently announced changes in senior management at ServisFirst Bank Atlanta, promoting Ken Barber to Chairman and Chief Development Officer and Hal Clemmer to
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Backed by Kudlow, GOP Dares Democrats With 'Phase Two' of Tax Cuts

“I'd like to see us bring that forward to make those tax cuts permanent,” House Majority Whip Steve Scalise said during a Bloomberg Television interview on Thursday. “Ultimately, let's have a vote on that — every single Democrat voted against cutting taxes, so I'm not sure where they would be on this.”.
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No issues regarding upgradation of core banking system, clarifies PNB

State-run lender Punjab National Bank in a clarification has said that it is not facing issues with regards to upgradation of its core banking system from Finacle 10 to Finacle 7. ET had reported on 13th March that PNB was facing technology related issues at its branches and ATMs due to the upgrade.
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Open an Online CD at an exclusive promotional rate with our easy online application.
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4 Ways Technology Has Changed the Real Estate Industry

While the vast majority of people are going to do an in-home visit before putting in an offer on a property, video is changing the way this works. Many agents are actually … “The biggest advantage of buying a mortgage online is the wealth of choices,” expert Ziff Davis explains. “Rather than visiting a bank
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RICS Junior surveyor/valuer – PropTech peer to peer lending (P2P)

RICS Junior surveyor/valuer – PropTech peer to peer lending (P2P) Location – Birmingham. With a gulf now emerging between property-based peer to peer (P2P) lenders that are gaining traction versus those struggling at the sub-£5m level, this exciting FinTech company has big plans, aiming to become
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Ask a real estate pro: Do I really need an owner's title insurance policy?

Board certified real estate lawyer Gary Singer discusses if a reader should buy home title insurance for a home they are purchasing from a developer. Gary M. SingerCorrespondent. Privacy Policy. Q: We are purchasing a new home and they want us to pay for title insurance. I do not understand why we
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Aussie fretted over brand damage in dealings with client of sacked broker

Aussie fretted over brand damage in dealings with client of sacked broker

Aussie Home Loans staff fretted about the damage to the group's brand and potential compensation claims as it dealt with a client of a mortgage broker sacked for fraud – a client who was in hospital after giving birth to a premature baby, the financial services royal commission has heard. And the
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Standard Chartered starts African online banking push in Ivory Coast

ABIDJAN (Reuters) – Standard Chartered [STANB.UL] launched its first African online-only bank in Ivory Coast on Friday, joining a wave of lenders seeking to use new technologies to reach customers in some of the world's most under-served markets. Long considered a backwater, Africa has
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Auto loans, subprime borrowers, and your credit union

Some consultants insist that credit unions, by nature local and personal, can more intelligently assess the risks of a particular subprime borrower than many bigger lenders can. The National Credit Union Foundation, working with Filene Research Institute, has piloted research into smart lending to
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Why Candy Hearts May Be Missing From Your Next Valentine's Day

Confectioner Necco, maker of the most iconic of Valentine's Day candies, has a message for potential suitors: Be Mine. The candy company, which makes the conversation candy hearts (with sayings like “True Love” and “Text Me”) says it is struggling—and might be forced to lay off most of its workforce if
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Nike President to Leave as Company Reviews Improper Conduct

To cope, Nike has forged ties with Amazon.com Inc. and is trying to rely less on retailers that are “mediocre” — a term Edwards himself used. With Edwards out as steward of the Nike brand, the turnaround effort now falls to the other executives. The good news is, his departure doesn't seem to be a sign of
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Investors are Unsure How to React (Brief Analysis) – IntelliPharmaCeutics International Inc …

IntelliPharmaCeutics International Inc (NASDAQ: IPCI) has grabbed attention from the analysts when it experienced a change of 0.17% in the last trading session to close at $0.65. A total of 453,469 shares exchanged hands during the intra-day trade contrast with its average trading volume of 376.27K
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Homes to boost Preston's affordable housing market

Homes to boost Preston's affordable housing market … The site of a flattened block of flats will soon be redeveloped into a set of purpose-built affordable homes. … A CGA consultation with residents in 2016 also revealed public demand for bigger homes in the area in response to the application.
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These Are the World's Best-Paid MBA Graduates

A new survey of the 20 best-paid graduate business schools found that the top 11 are all in the U.S. The Sloan School of Management at the Massachusetts Institute of Technology came out on top, with a median salary and bonus of $286,000, according to a survey from Emolument.com, a crowdsourced
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Doll Real Estate Agent Glosses Over Giant Hinged Opening In Middle Of House

GULFPORT, MS—Assuring the prospective buyers that they couldn't find this kind of charm in newer builds, a local doll realtor reportedly glossed over the giant hinged opening in the middle of the house Thursday during a tour. “Yes, some of the design features are a bit unique, but don't forget that with
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Israel: Supreme Court Grants Temporary Injunction Ordering Israeli Bank to Provide Banking …

This Global Legal Monitor article by Ruth Levush covering Banks and financial institutions, Financial services, Supreme court was published on March 16, 2018 for Israel.
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Options for Treasury to Consider to Encourage Services and Small-Dollar Loans When Reviewing …

Federal banking regulators' procedures for conducting Community Reinvestment Act (CRA) evaluations do not require an evaluation of financial institutions' provision of retail banking services or small-dollar, nonmortgage consumer lending, or support for community development in LMI areas for every
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The World Economy Risks Turning Too Hot to Handle

The fear of a trade war will be high on the agenda in Buenos Aires, with Bloomberg Economics estimating such an event could wipe $470 billion off the … could end up provoking the Fed into raising interest rates more aggressively than policy makers now plan, risking another fallout in financial markets.
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US housing starts fall on weak multi-family segment

Mortgage rates have also risen, with the 30-year fixed-rate currently averaging 4.44 percent, not too far from a four-year high of 4.46 percent, according to mortgage finance agency Freddie Mac. But the housing market remains underpinned by a robust labor market. A new home under construction is
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San Antonio company HouseCanary wins $700M jury verdict

A Bexar County jury this week awarded a San Antonio company more than $700 million verdict in a breach of contract case. The jury found that Title Source, now known as Amrock Inc., fraudulently misappropriated San Antonio-based HouseCanary's technology for real estate evaluation and appraisal
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John Nasseff Started on Loading Dock and Made a Fortune at West Publishing

John Nasseff, a local philanthropist who started his career at West Publishing. Photo: Leila Navidi/Minneapolis Star Tribune/Zuma Press. By. James R. Hagerty. James R. Hagerty. The Wall Street Journal. BiographyJames R. Hagerty · @jamesrhagerty · Google+. March 16, 2018 10:30 a.m. ET.
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Reserve Bank warns on rising interest rate risks

The Reserve Bank has warned investors that a rise in global interest rates may impact other asset classes, as major governments shift from net buyers to net sellers of bonds. Deputy governor Guy Debelle said investors were receiving “little, if any, compensation” for the uncertainty in fixed income
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March Madness of Real Estate: Sweet 16 Cities

Launch this slideshow gallery to check out our March Madness of Real Estate Sweet 16 bracket, listed in reverse order. So the hottest real estate market or the number one “seed” in the bracket will appear in the last slide. It is to be determined if these brackets end up matching with the NCAA teams
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London slump shrinks north-south divide in house prices

The north-south divide in house prices is beginning to narrow as the booming London property market fizzles out, according to experts who forecast parts of northern England are set to maintain a recent increase in value. Growth in house prices in the capital is expected to slip below the national average
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UPDATE: Housing starts drop 7% in February, but lull likely temporary

It's a volatile category and there's also some evidence that the market for rentals is becoming saturated. Construction on single-family homes, the bread and butter of the housing market, actually rose in February. These homes account for 70% of all new residential construction. Winter weather typically
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The Population Bomb Has Been Defused

Some of the most spectacularly wrong predictions in history have been made by those who claim that overpopulation is going to swamp the planet. Thomas Malthus, a British economist writing in the late 1700s, is the most famous of these. Extrapolating past trends into the future, he predicted that
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Spotify's Unusual IPO Offers New Path for Tech Unicorns

Spotify's Unusual IPO Offers New Path for Tech Unicorns

Spotify even is being upfront about when it will publicly release its financial forecast (March 26) and begin trading on the New York Stock Exchange (April 3) under the symbol SPOT. Have a harmonious weekend. This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news.
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Fire forces evacuation at Fortune Bay

Fortune Bay staff worked feverishly to extinguish the smoldering fire, which was contained to the fourth floor. Fire officials … Fortune Bay worked with area hotels to find accommodations for the displaced guests. … I commend Fortune Bay's staff for how well they handled the situation prior to our arrival.”
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ESAs publish final report on big data impact

The Joint Committee of the European Supervisory Authorities (ESAs) has published its final report on Big Data analysing its impact on consumers and financial firms. The report results are from a discussion paper on the use of Big Data by financial institutions, which was issued on 19 December 2016.
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US February housing starts fell 7 pct after January surge

But the number of homes listed for sale has fallen during that time. Increased construction has not fully offset the shortage. The U.S. housing market appears to be stable because of the relative health of the overall economy. That may be tested by rising mortgage rates that could put a new home out of
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Li Ka-shing, Hong Kong's richest man with $34-billion fortune, retires after working 'too long'

Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half a century amassing one of Asia's biggest fortunes from building skyscrapers to selling soap bars. The 89-year-old chairman of CK Hutchison Holdings Ltd. and CK
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Data Sheet—Spotify May Show the Way for 'Unicorn' Tech IPOs

Spotify plans to go public without selling new shares or using a Wall Street underwriter, highly unusual moves. Photo credit: Getty Images. By Aaron Pressman and Adam Lashinsky. 9:42 AM EDT. Soon-to-be public Spotify is defining itself by what it won't do. It won't engage in silly, self-congratulatory bell
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Term Sheet — Friday, March 16

WEEKEND READING: In the new issue of Fortune, my colleague Shawn Tully wrote a long-form feature on how government deficits could blow up the Trump economy. The U.S. national debt is expected to more than double in the next 10 years, and this story explains why that's dangerous — and what
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Housing starts drop 7% in February, but lull likely temporary

Construction on single-family homes, the bread and butter of the housing market, actually rose in February. These homes account for 70% of all new residential construction. Winter weather typically causes uneven patterns of construction earlier in the year, but the trend is most definitely up. Big picture:
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RBC on the Canadian housing market: 'The Payback Continues'

A for sale sign is shown outside a house under construction in a new subdivision in Beckwith, Ont., on Wednesday, Jan. 11, 2018. THE CANADIAN PRESS/Sean Kilpatrick. Scott Barlow. Published 13 hours ago Updated March 16, 2018. For Subscribers. Month over month Canadian manufacturing sales
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See the 94 Winn-Dixie and Bi-Lo Stores That Are Closing

It's going to be a little harder to fill the fridge in the South in the months to come. Southeastern Grocers, which owns Winn-Dixie, Bi-Lo and other well-known grocery chains in the region, has announced plans to file for bankruptcy and will close 94 stores as part of the action. “Southeastern Grocers has
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Industrial and Logistics areas will enjoy highest interest in European real estate investment business

On the background of the growth of e-commerce, which supports the industrial and logistics areas growth, 33% of respondents in Europe have expressed preference for industrial property, reflecting the global trend and reinforcing their status as an institutional asset class. The office space occupies
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KBC fuels the mortgage war as bank cuts a string of rates

Another bank has raised the stakes in the mortgage war with new cuts to interest rates. https://www.independent.ie/business/personal-finance/property-mortgages/kbc-fuels-the-mortgage-war-as-bank-cuts-a-string-of-rates-36710947.html.
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Cramer's lightning round: Stay out of Radian because housing is slowing

Radian Group: “No. The housing market's slowing and I don't want to be there. Chegg: “I think you ka-ching, ka-ching half of it and let the rest run. Let's not be pigs.” Ternium: “What're you doing with TX? Would you step up to Nucor? They pre-announced and it's not even up, for heaven's sake.”
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Housing starts cooled in February after robust January

Mortgage rates remain historically low despite recent increases and consumer confidence is elevated as tax cuts aid disposable income. The report indicated a tight supply of homes is getting an influx: The number of housing units completed rose to a 1.32 million annualized rate, the highest in 10 years.
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Housing Starts Tumble

… to the housing stock that is so desperately needed to relieve our supply problems this spring selling season,” said Mark Fleming, chief economist at First American Financial Corp., a title insurance company. Write to Laura Kusisto at laura.kusisto@wsj.com and Sarah Chaney at sarah.chaney@wsj.com
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S&P Stuck in Worst Streak This Year Faces Quadruple Witching

Equity bulls frustrated with this year's longest stretch of declines can blame it on a regular market event happening today. That's when the quarterly expiration of futures and options on indexes and individual stocks, known as “quadruple witching,” takes place. Typically it coincides with the rebalancing of
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Berkeley crushes hopes of extra new homes; US consumer confidence jumps – business live

On Wall Street, the New York stock market has opened higher too. The Dow has gained 64 points, or 0.25%, to 24,938 points. Traders are sitting back and waiting for new fireworks from the White House on either tariffs, or staff changes (at pixel time, HR McMaster remains America's National Security
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Not sure where to buy a house? Try these happy cities

Can a home equal happiness? If you buy a house in Fremont, California, it just might. According to a new ranking, Fremont is the nation's happiest city, boasting ample health, employment and community opportunities. Verify your new rate (Mar 16th, 2018)
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Impac Mortgage's (IMH) CEO Joe Tomkinson on Q4 2017 Results – Earnings Call Transcript

Good day, ladies and gentlemen, and welcome to the Impac Mortgage Holdings' 2017 Year-End Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will be given at that time. [Operator Instructions] As a reminder,
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Centralia Chamber Hands Out Number of Awards at Annual Dinner

Outgoing Chamber President Brad Haege of U.S. Bank was honored along with outgoing directors Craig Clark, Superintendent of the Centralia City Schools, and Karen Piotrowski of Quad County Title Company. Incoming chamber President Myra Bartlett of Egyptian Workspace Partners welcomed the
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US housing starts fall more than expected in February

US housing starts fall more than expected in February

Permits for future home building decreased 5.7 percent to a rate of 1.298 million units in February. While the volatile multi-family housing segment accounted for the decline in home building last month, the broader housing market appears to be slowing. Sales of both new and previously owned homes
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Buckle up: 2018 will be a rougher year for the Canadian housing market than anyone predicted

2018 has seen a serious cooling of the Canadian housing market so far, as national sales fell for two consecutive months in January and February. But according to one organization, things are unlikely to improve in the coming months. National sales activity is forecasted to decline another 7.1 per cent
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Management Changes; New Securitization; The Economics Moving Bond Markets

But disasters and taxes can complicate things. Mortgage News Daily points out that, “In 2007…Congress put a temporary policy in place to exclude forgiven home mortgage debt from any tax obligation. That exclusion has been extended several times… The National Association of Realtors (NAR) has
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WRAPUP 1-US housing starts fall on weak multi-family segment

Permits for future home building decreased 5.7 percent to a rate of 1.298 million units in February. U.S. financial markets were little moved by the data. While the volatile multi-family housing segment accounted for the decline in home building last month, the broader housing market appears to be
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Business Briefs: Mortgage rates drop for first time in 2018

Long-term U.S. mortgage rates fell this week for the first time this year as the spring home buying season begins. The decline comes after nine straight weeks of increases that pushed borrowing costs higher. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year fixed-rate mortgages
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Top bankers mull measures to tighten lending to corporates

Top executives of public sector banks have agreed on several measures to tighten lending in the backdrop of the Rs 14,000 crore PNB scam. One of the main outcomes of a workshop attended by chief technology officers, chief risk officers and executive directors of public sector banks is that PSBs will
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US housing starts fell 7 percent in February

WASHINGTON — Homebuilders broke ground on fewer apartment complexes in February, causing overall housing starts to fall 7 percent. The Commerce Department said Friday that housing starts last month were at a seasonally adjusted annual pace of 1.24 million, a decline that was anticipated after
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US housing construction falls 7 percent in February

FILE- In this Feb. 16, 2018, file photo, building materials are stacked along home sites as construction is under way at a new housing plan in Zelienople, Pa. On Friday, March 16, 2018, the Commerce Department reports on U.S. home construction in February. (AP Photo/Keith Srakocic, File)
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Business news in brief

Mortgage buyer Freddie Mac, formally known as the Federal Home Loan Mortgage Corp., said Thursday the average rate on 30-year fixed-rate mortgages slipped to 4.44 percent from 4.46 percent last week. The new average rate remains at a high level, however, raising concern that home sales could
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Does Meliá Hotels International SA.'s (BME:MEL) PE Ratio Signal A Buying Opportunity?

Meliá Hotels International SA. (BME:MEL) is trading with a trailing P/E of 21.5x, which is lower than the industry average of 41x. While this makes MEL appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. In this article, I will explain what the P/E
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Half of IKEA founder's private fortune goes to economic development of northern Sweden

It is the Swedish newspaper Dagens Nyheter which has posted a photo of Ingvar Kamprand's handwritten will where he says half of the fortune will go to his children, while the other half goes to the family's foundation aimed at supporting economic developments in the northernmost region of the country.
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Community First Credit Union annual report shows growth, lending power and investment in …

JACKSONVILLE, FL (March 16, 2018) — Community First Credit Union, one of the largest credit unions in Florida, released its 2017 annual financial report at its 84th annual meeting held Thursday, March 15 at the credit union's headquarters in LaVilla. The annual report shows strong deposit and loan
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Selling Alibaba, Buying GE, Sirius, Sprint, IBM

Credit Suisse entities made a fair amount of stock trades in the fourth quarter, including double-digit percentage changes in positions in General Electric (ticker: GE), Sprint (S), Sirius XM Holdings (SIRI) and International Business Machines ( IBM) and Alibaba Group Holding (BABA). The bank's overall
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Mining a Bitcoin Costs About as Much as Buying One These Days

“Mining” Bitcoin is a notoriously expensive business—recent calculations by the lighting company Elite Fixtures suggest that it costs a fortune to mine one Bitcoin in some countries, with the cost being as much as $26,170 in South Korea. Now analysts at Fundstrat have said that it's no longer particularly
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Global Real Estate Software Market Trends, Demand, Manufacturers and Opportunities 2025 …

The Real Estate Software Market report additionally gives a top to bottom study of key players in the market which depends on the different targets of an association, for example, profiling, the item layout, the amount of generation, required crude material, and the budgetary strength of the association.
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Putin Just Doesn't Care About Western Anger

The ruble slipped slightly on the latest U.S. sanctions, but wasn't the worst-hit among emerging markets currencies as the dollar gained across the board. The U.K., the U.S., France and Germany all have ratcheted up their rhetoric against Russia, saying in a joint statement that the attack on the Skripals
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Meredith moves to sell Time, Fortune and Sports Illustrated titles, sources say

Meredith Corp Chief Executive Stephen Lacy says they are exploring a number of additional changes to the (magazine) portfolio, including divestitures of brands and businesses that might perform better under a different owner. ― Reuters picNEW YORK, March 16 ― US media company Meredith Corp
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Housing market appears to be slowing, new starts down for second straight month

Eric LePage, a carpenter with Builders Bloc, works on one of the first houses to be built in a new development by McBride Homes called Cobblestone Crossing on Highway P in O'Fallon, Mo., on Tuesday, Feb. 6, 2018. Inside the house is carpenter Chuck Vander Bol. Photo by J.B. Forbes,
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I'll increase NPP's electoral fortune in Volta Region – NPP Organizer hopeful

I'll increase NPP's electoral fortune in Volta Region – NPP Organizer hopeful … NPP executives to effectively undertake party activities but “it would also contribute immensely in increasing membership drive, thereby boosting the NPP's electoral fortune in the Volta Region come election 2020,” he said.
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Walmart Nears $7 Billion Flipkart Deal in India Push

Walmart Inc. is in discussions to spend about $7 billion to become the largest investor in India's leading e-commerce company, according to people familiar with the matter, a move that would put the U.S. retailer in competition with Amazon.com Inc. in one of the most promising online retail markets.
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10 years after the financial crisis, have we learned anything?

10 years after the financial crisis, have we learned anything?

As president of the nonprofit National Community Reinvestment Coalition, he warned Congress about the predatory and fraudulent lending that was fueling a housing bubble as early as 2000. Lawmakers told the Federal Reserve to write rules that would have put a stop to the worst practices. But the
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'Not good enough': Aussie Home Loans relies on lenders to detect fraud

Mortgage broker Aussie Home Loans does not have the capability to detect fraud committed by its brokers and instead waits until the banks detect scams and alert them as it does not have the resources. The admissions were made by Aussie Home Loans general manager of people and culture Lynda
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Hebei China Fortune FC v Shandong Luneng Taishan

Bet on the Hebei China Fortune FC v Shandong Luneng Taishan & all your favourite Football markets with Sky Bet Mobile. Bet now!
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Global Peer-to-peer Lending Market 2022 Developments, Opportunities, Players, Regions, Suppliers

Peer-to-peer Lending Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. Peer-to-peer Lending Market 2022 report provides analysis of market forecast,
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JavaScript Engineer | Cryptocurrency cross-chain lending platform

JavaScript Engineer | Cryptocurrency cross-chain lending platform | up to 85K + 100% Bonus. Could this be the opportunity of the year for an experience JavaScript Engineer with extensive React Experience! Haigh Associates have partnered with the first Cryptocurrency cross-chain lending platform for
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Housing Market Is Slow – Cramer's Lightning Round (3/15/18)

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday, March 15. Bullish Call. Chegg (NYSE:CHGG): Book profits on half and let the rest run. Bearish Calls. Radian Group (NYSE:RDN): The housing market is slow. Don't buy this one. Ternium S.A. (NYSE:TX):
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One in five specialist mortgages are for the self-employed

According to Paragon's Q4 2017 Financial Adviser Confidence Tracking (FACT) Index report, based on interviews with 198 mortgage intermediaries, 21% of specialist lending is for the self-employed. This mirrors the sharp rise in the number of self-employed in the UK, up 24% over the last ten years from
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Is your real estate brokerage ready for the General Data Protection Regulation?

In May, new data protection rules will come into play that will drastically change the way companies collect and process data about their customers, clients or prospects. Last year, it was reported that two-thirds of real estate firms were unprepared for the changes. The survey of 83 real estate firms found
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OCC: Mortgage Performance Unchanged Year-on-Year

The share of current and performing first-lien mortgages in the fourth quarter of 2017 remained unchanged from a year prior at 94.5 percent, according to the Mortgage Metrics Report released today by the OCC. The report is generated from data from seven large national banks representing 33 percent
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Fragmented banking standards could be the 'seeds' of the next financial crisis, expert warns

Forcing different standards on banks and other financial services across the globe could spark the next financial crisis, the vice chairman of a prominent U.S. financial services firm said Friday. While the U.S. is easing rules on banks, Europe has for the last couple of years toughened them. On Thursday
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Survey Says Agility, Reduced Real Estate Costs Among the Biggest Advantages of Flexible Office …

They also cited added benefits, including reduced real estate costs, flexibility and greater productivity. The survey also found that while company respondents were neutral about the brand of a flex space operator, nearly half (42 percent) want elements of their own brand in the space they occupy.
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American FX Outlook: US housing market is set to decelerate ahead of next week's FOMC

The Bank of England's Financial Policy Committee (FPC) sees signs of rising domestic risk appetite in mortgage market at high loan-to-income ratios. In terms of disorderly Brexit risk, the FPC expects the UK banking system could continue with Brexit risks not warranting additional capital buffers for
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Former Walter Investment CEO heads to residential mortgage subservicer

“Tony's appointment reflects his impressive work history spanning 30-plus years in the mortgage banking and financial services industry and demonstrated success in executive-level positions at Walter Investment/DiTech Holding, CitiMortgage, and Freddie Mac,” Cenlar CEO and Chairman Gregory
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This Politician Was Running Unopposed—Until He Insulted a Parkland Shooting Survivor

Leslie Gibson, a Republican who was running unopposed for the Maine House of Representatives, is now facing a competitive battle for his seat. The candidate was sailing to victory until some choice words changed the race. Gibson, a lifetime NRA member, took to Twitter recently, insulting two of the
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Foreign Woes Haunt Trudeau at Home After Debacle in New Delhi

… adopt provisions on trade like labor, gender and environmental guarantees, but he has brushed off the criticism. “We're going to continue to work hard and look for opportunities for Canadians to benefit in Asia and elsewhere around the world,” he said in a Bloomberg Television interview Wednesday.
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Crypto lending bot

ly/2A7gyki Bit4G Review: 49% monthly ROI crypto lending Ponzi scheme. Click to read our analysis on this ICO. Enjoy watching the bot work for you with the basic strategy. Use this to learn about algorithmic Bitcoin Garden Forum » Crypto earning, products, services & tools » Crypto Products & Services
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At $2.39, Is It Time To Buy Olam International Limited (SGX:O32)?

Olam International Limited (SGX:O32), a consumer retailing company based in Singapore, saw a double-digit share price rise of over 10% in the past couple of months on the SGX. As a S$7.58B market cap stock, it seems odd Olam International is not more well-covered by analysts. Although, there is
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Principal Real Estate Income Fund Announces Board Approval of New Advisory and New Sub …

DENVER–(BUSINESS WIRE)–Principal Real Estate Income Fund (NYSE: PGZ) (the “Fund”) announces that on March 15, 2018 the Board of Trustees of the Fund approved a new investment advisory agreement with ALPS Advisors, Inc. (“ALPS Advisors”), the Fund's investment adviser, and a new
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Righting Wrongs: Why Banks And Consumers Need Swift Passage Of Regulatory Reform Bill

As a commercial bank, ConnectOne is equally driven to help build businesses as we are to helping families thrive. And one of our industry's greatest rewards is enabling families to realize the important milestone of purchasing a home. But when onerous disclosure requirements and escrow provisions
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S. 2155: Economic Growth, Regulatory Relief, and Consumer Protection Act

Senate Vote #54 in 2018, in the United States Congress.
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Lifetime lending seeing fastest mortgage market growth: ERC

Lifetime lending seeing fastest mortgage market growth: ERC

Record equity release lending of £3.06bn in 2017 saw lifetime lending outpace other areas of the mortgage market for a second successive year, according to the Equity Release Council's latest report. The 34% rise in customers outpaces growth in first-time buyer, remortgage and homemover activity,
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Meredith moves to sell Time, Fortune

ReutersNEW YORK/NEW ORLEANS (Reuters) — U.S. media company Meredith Corp. has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc. in January, people familiar with the matter said. The move illustrates
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UPDATE 1-Kenya's finance minister says rate caps unsustainable, plans changes

NAIROBI, March 16 (Reuters) – Kenya's caps on commercial interest rates imposed in 2016 are unsustainable and the government plans to modify them without driving up lending rates, Finance Minister Henry Rotich said on Friday. In a bid to limit the cost of borrowing faced by businesses and
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Manitowoc County real estate transfers and homes sold: March 18, 2018

John R. Herzog and Nancy J. Zeman/Herzog to Michael G. and Lou Ann K. Herzog, $624.60. Keith and Rose A. Biese to Janet M. Rietzel, $360. Rebecca E. Blanke to Joshua D. and Alexandria DeWitt, $672. March 6. Judy L. Lund to Cassandra L. Meyer, $263.70. Kathryn T. Kleiner to Edward P. Kellner
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Russia's Bond Sale Defies UK Spat as Bids Near $6.5 Billion

A recent ratings upgrade out of junk by S&P Global means that Russia is now included in investment-grade indexes, increasing the pool of investors who will automatically hold a portion of the new bond when it is sold. James Barrineau, the New York-based co-head of emerging-market debt at
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How to move out of your parents' house

If you were buying a home, most lenders would not want to see your total payments — housing and other monthly obligations like credit card payments, auto financing and student loans — exceed 43 percent of your gross monthly income. With earnings of $3,000 a month, that means you should be able to
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Real estate software market explored in latest research

Complete report on Real Estate Software market spreads across 106 pages profiling 17 companies and supported with tables and figures. Inquire for more at www.orianresearch.com/enquiry-before-buying/481252. Key Companies Analysis:- Accruent, Argus Financial Software, MRI Software, RealPage,
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Dulwich's old-school values give it staying power

There is little new-build stock to draw in international buyers. The number of new homes on the market increased from 43 in 2016 to 73 in 2017, according to Hamptons International data. Of these, only two launched with a price tag exceeding £1m. There are a few small developments in the pipeline,
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Concentrate on housing supply, not buy-to-let

And, even after the adverse tax changes, according to the 2016 Council of Mortgage Lenders (CML) landlord survey, 81% of landlords expected to continue letting for at least five years. We also estimate that the UK PRS has rental income of approximately £60bn a year. Assuming that investors pay a
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Tesla Built the World's Biggest Battery. Now This Billionaire Has Plans to Beat It

South Australia has become a big battery battleground. Not long after Elon Musk's Tesla built the world's largest lithium-ion battery—the Hornsdale Power Reserve, which has a rating of 129 megawatt hours—a British industrialist has stepped in with plans for a 140-megawatt-hour beast. The billionaire
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Kirk Garvey set for Southern Area title shot after 'Sniper' Smith is caught in his crossfire

Kirk Garvey is set to challenge for the Southern Area light-heavyweight title after a seventh-round stoppage of Sam Smith on Saturday. … Haye during a recent press conference – calling into question why Joyce-Chisora should be put on undercard, rather than the Haymaker's own promotional company.
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The highs and lows of working with millennial real estate clients

The highs and lows of working with millennial real estate clients. By March 16, 2018 No Comments. The highs and lows of working with millennial real estate clients
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Bank of England warns on mortgage risk as interest rates rise

Banks have been warned that British homeowners' giant mortgages may be affordable now, but could get them into trouble as interest rates rise. The Bank of England is keeping a close eye on lenders' attitudes to risk, as more mortgages than ever before are being given at a value of more than
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Wheeler Real Estate Investment Trust, Inc. Responds To Southeastern Grocers Filing for Pre …

VIRGINIA BEACH, Va., March 15, 2018 (GLOBE NEWSWIRE) — Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties
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Tel Aviv's tech-driven price growth stalls amid state curbs

Foreign buyers have also been deterred by international currency fluctuations, says Bortnik. “Most of the foreign buyers are coming from the US, the UK and France, all of whose currencies have weakened against the shekel”. The shekel currently trades at 3.5 to the dollar — in March 2015, the rate was
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Mortgage rates ease for Friday

Multiple key mortgage rates declined today. The average rates on 30-year fixed and 15-year fixed mortgages both receded. The average rate on 5/1 adjustable-rate mortgages, meanwhile, also slid lower. Rates for mortgages are constantly changing, but they continue to represent a bargain compared to
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3 concerns of homebuilders that could affect every American

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell this month to 70, the lowest reading since last November. The stock market reacted, with major U.S. homebuilders including Lennar (LEN), PulteGroup (PHM), DR Horton and (DHI) Toll Brothers (TOL)
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HSBC Pay Gap, Rihanna Snap, Skimm Investment: Broadsheet March 16

Good morning, Broadsheet readers! Rihanna may have sunk Snap stock, The Skimm's bank account gets fatter, and yet another U.K. bank is paying women less than men. Have a rejuvenating weekend. EVERYONE'S TALKING. • Mind HSBC's gap. Remember when I wrote about Barclays and the data
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L'Oréal buys Canada's ModiFace in digital makeover

French cosmetics group L'Oréal said on Friday it was buying Canadian beauty technology company ModiFace, as it looks to roll out more digital services such as virtual … L'Oréal, the world's biggest cosmetics company, made around 8 percent of its sales online in 2017, from just over 5 percent in 2015.
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Who's Going to Move Into the Hundreds of Empty Toys 'R' Us Stores?

Splitting the space would also add costs for landlords, while filling the stores with off-price retailers would require less reconfiguring, RBC Capital Markets LLC analysts led by Wes Golladay said in a note Wednesday. The departure of a tenant as big as Toys “R” Us may give some landlords the
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Claire McCaskill 'helped shape' a very bad banking bill

Claire McCaskill 'helped shape' a very bad banking bill

If anything, I might see the role of community banks in overly heroic terms. My grandfather co-founded one of those in our small town in Southern Illinois. My dad loved to tell the story about how, during the 1930 run on the bank that temporarily closed it, his father was the last person to withdraw what was
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Steve Mnuchin's Travel on Military Planes Has Reportedly Cost Taxpayers $1 Million

Treasury Secretary Steven Mnuchin has reportedly racked up a nearly $1 million tab on taxpayer-funded trips since taking office. According to Washington watchdog group Citizens for Responsibility and Ethics in Washington (CREW), Mnuchin has frequently opted for using military aircraft for his travel
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Flaccavento: Banking bill reveals how lobbyists control our government

Senate Bill 2115 is moving forward with support from Republicans and Democrats, under the cover of providing 'regulatory relief' to community banks. It does contain a bit of that, which I applaud. I've been talking for several years now about the need to shore up community banks by providing them with
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Rising mortgage rates drive monthly costs past historic norms in some markets

A number of the largest US markets are already seeing monthly mortgage payments surpass historic norms as rates steadily increase and show no signs of turning back, according to Zillow's affordability analysis for the fourth quarter. With rates increasing nearly 50 basis points since the start of 2018,
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RBI Governor bears out what is behind PSU bank frauds

The essence of Patel's lecture titled 'Banking Regulatory Powers Should Be Ownership Neutral' is an official acknowledgement of a deeper malaise in public sector banks (PSBs) pertaining to their governance, lack of proper deterrence and incentive mechanism to check frauds and malpractices and the
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How the introduction of VAT will impact real estate in the UAE

A new tax in the United Arab Emirates could hit commercial real-estate landlords, who may struggle to pass additional costs on to their tenants. The UAE introduced a five percent Value Added Tax (VAT) – a general consumption tax which applies to the majority of transactions in goods and services – at
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Homeowners and Appraisers Again Closer to Agreement on Home Values

Quicken Loans data shows that homes appraised just 0.53% lower than homeowner estimates, meaning the gap between the two narrowed again after widening for the first time in a while back in January. Home values were down 0.07% in February, but they've still gone up 6.37% on the year. It's worth
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Budget Car Rental launches in Taiwan

Budget Car Rental has grown its global footprint with the launch of operations at four locations in Taiwan. The rental firm has launched at Taoyuan International airport, Taichung International airport, Kaohsiung International airport and Taipei's Main Station. Operations in Taiwan are licensed to Anweisi
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Housing associations can step in where the market fails

The key reason for the decline, the IFS research shows, is the sharp rise in house prices relative to incomes. After adjusting for inflation, the average (mean) UK house price was 152% higher in 2015-16 than 20 years earlier. By contrast, the average net family income of those aged 25 to 34 grew by only
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Alaska senator backs bill to allow pot business banking

Alaska Republican Sen. Lisa Murkowski and a bipartisan group of senators are pushing legislation that would allow legal marijuana businesses to use banks to store profits. The Fairbanks Daily News-Miner reported Thursday that Murkowski and Democrat Sen. Jeff Merkley of Oregon have introduced a
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Mortgage customer satisfaction higher when deal directly with bank

New research from Roy Morgan show that home loan customer satisfaction with banks when using a mortgage broker was only 77.3%. This compares to 80.3% when home loans were obtained in person at a branch. Even among more recent home loans (held for under six years) satisfaction with going
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Waypoint Residential Bolsters Operations with Three New Senior Hires

BOCA RATON, Fla.–(BUSINESS WIRE)–Waypoint Residential, a vertically integrated real estate investment firm focused on the U.S. rental housing sector, has expanded its senior team with the recent appointments of Doug Wolski as Managing Director of Portfolio Management, James Driscoll as
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Trump Jr.'s Wife, Vanessa, Seeks Divorce After 12-Year Marriage

Vanessa Trump filed for divorce from Donald Trump Jr., the U.S. president's eldest child and co-head of the family's real estate business, according to court records. The pair, who wed in November 2005, were listed as parties in an uncontested matrimonial case late Thursday in New York state court in
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Meredith moves to sell Time, Fortune and Sports Illustrated titles: Report

U.S. media company Meredith has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc in January, people familiar with the matter said. The move illustrates how Meredith sees some of Time Inc's titles that attract
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FinTech Australia welcomes new report which outlines growth in fintech business lending and …

Australia's fintech industry association today welcomed a new report which finds that small to medium enterprises (SMEs) are continuing to turn to fintech and other non-bank lenders for their growth fund needs. The Scottish Pacific SME Growth Index – released every six months – is based on interviews
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The Week in Public Finance: 3 Things State and Local Governments Should Know About the …

For example, Countrywide Financial, a major subprime mortgage lender at the center of the foreclosure crisis in 2008, had assets of roughly $210 billion before it failed. Under the proposed bill, it would be exempt from the kind of regulatory scrutiny from the Federal Reserve that it's subject to today.
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Major bank to suspend asset finance lending

A big four bank has today announced that it will suspend providing new secured asset finance loans for retail customers in Australia while it undertakes a detailed review of its business. ANZ revealed today that the suspension includes loans provided for motor vehicles, boats and caravans for retail
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Money Lending Business: Provisions Prohibiting Payment Of Interest On Amount Of Security …

We must also remember that the businesses of money lending and pawn broking are usurious businesses and the Government may rightly impose onerous conditions to restrict or even discourage people from entering into such businesses, the Bench observed. The Supreme Court in State of Karnataka
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'Insolvency code biggest reform in banking'

This is not the right time for privatizing India's public sector banks—both from the government's perspective, and also from a valuation and markets' standpoint, but the time has come for the consolidation of non-performing, government-owned banks, and the country needs to take the debate forward on
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Welcome to Real Estate Friday!

Sandra Preston of Sandra Preston Real Estate offers us a beautiful Georgian home for the Property of the Week. … offered by Anita Schilling of William Pitt Sotheby's, Mary Jane Dunlop of Berkshire Access Realty, Tim Lovett of Berkshire Property Agents and Thom Garvey of Cohen+White Associates.
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Mortgage Solution Center Representative II – 3DHJE

Mortgage Solution Center Representative II – 3DHJE

Job Description. We are looking to fill this role in Buffalo, Syracuse or Albany NY BASIC FUNCTION: Respond to incoming inquiries from M&T Mortgage Loan Origination Systems (LOS) End-Users. The Mtg Solution Center Rep II will work to assist the Mortgage End-Users in answering their questions in
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Zinke says Interior negotiating lower price for $139K doors

The door upgrade “understandably reminds the public of the $31,000 dining set that was recently ordered for another cabinet secretary's office,” Grijalva said, referring to a since-cancelled furniture order by the Department of Housing and Urban Development. Sen. Maria Cantwell, D-Wash., clashed with
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Global Real Estate Software Market Trends, Demand, Manufacturers and Opportunities 2022 …

This report gives us an overview of the Global Real Estate Software Market which is classified on the basis of product and its various applications. It also mentions the key area where the demand for Real Estate Software products is going to have. Also based on the type of the product the market is
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KBC fuels the mortgage war as bank cuts a string of interest rates

KBC fuels the mortgage war as bank cuts a string of interest rates … Another bank has raised the stakes in the mortgage war with new cuts to interest rates. … The KBC reductions will apply to new and existing customers and mean the bank will have some of the lowest mortgage rates in the market.
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Oberoi Realty Esquire – impeccably designed homes now ready for possession

Like all its other premium projects, for Esquire too Oberoi Realty has collaborated with leading names from across the world, partners who brought in their rich global experience and knowledge to the table; among these are leading Singapore-based architectural firm Eco-id and Indian construction giant
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NFIP expiration date looms; lapse may disrupt national housing market

The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm's way if a severe storm strikes, stakeholder coalition
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Grab your dream home now with #HouzKEY

Hence, the #HouzKEY scheme is expected to be more affordable at the outset compared to securing an ordinary mortgage financing. As per the calculations in the table below for a property valued at RM500,000, #HouzKEY is able to provide 100% margin of financing as well as embedding the initial
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Russia bondholders happy to hug sovereign as sanctions talk swirls

LONDON (Reuters) – Global investors are unlikely to start shunning Russia's sovereign debt even though Russian entities and individuals are seen at risk of further sanctions over a nerve agent attack on a former Russian double agent and his daughter in Britain. Britain has pinned the attack on Russia
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Annual Real Estate Report Shows Improvement for Hampton Roads

Attendees at the 23th annual Hampton Roads Real Estate Market Review and Forecast, hosted by Old Dominion University's E.V. Williams Center for Real Estate, heard an optimistic report about 2017 and the year ahead.
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Blackstone's Crown Prince Built His Career on Bold Real Estate Bets

Early on, Gray saw that publicly traded real estate companies could be valued by the market at less than the sum of their parts—over time he led so-called take-privates of about 30 such companies. After swallowing them up, he would offload bunches of assets at high prices to pay down debt and cut
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Hong Kong's Richest Man, a Wartime Refugee Turned Billionaire, Is Retiring

Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half a century amassing one of Asia's biggest fortunes from building skyscrapers to selling soap bars. In announcing his retirement Friday, the 89-year-old chairman of CK
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Portland City Commissioner Nick Fish Doubles Down on His Argument That More High-End …

“In my opinion, Commissioner Fish is just wrong about how housing markets like Portland's work,” Cortright emails. “All the parts of the the housing market are connected. If there isn't enough supply at the top end of the market, those people don't go away, they bid for other housing. Folks that would have
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What happens to all that Toys 'R' Us real estate?

It's no secret that retail-related real estate has been suffering for quite a while now. Toys 'R' Us typically operated in very large facilities — leaving few retailers that could actually fill its shoes. We anticipate that the Toys 'R' Us real estate that is rented will likely sit stagnant for quite a while before landlords
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Google Doodle Just Honored George Peabody, Financier Who Became the 'Father of Modern …

The Google Doodle on Thursday honored George Peabody, specifically the 151st anniversary of him being awarded the Congressional Gold Medal. So who was he? For a start, he built a bank—Peabody, Morgan & Co.—that was the ancestor of today's JPMorgan Chase and Morgan Stanley.
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Inventing the bank of the future. By teaming up.

Inventing the bank of the future. By teaming up. News item – 16 March 2018. ABN AMRO. We have selected five highlights from ABN AMRO's Annual Report 2017 – five initiatives that have made our clients (and us) happy. Like a platform on which brainboxes help us make banking faster and more
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Saudi Arabia Blocks Some German Business Over Rift

Saudi Arabia is cutting back on its dealings with some German companies amid a diplomatic spat with its top European trading partner, according to people with knowledge of the matter. Government agencies have been told not to renew some non-essential contracts with German firms following
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Investors Title (NASDAQ:ITIC) Cut to Sell at BidaskClub

Investors Title logo BidaskClub downgraded shares of Investors Title (NASDAQ:ITIC) from a hold rating to a sell rating in a research report released on Wednesday, February 21st. Investors Title (ITIC) traded down $3.96 during trading hours on Wednesday, reaching $196.50. The company's stock had a
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Insider Buying: ARRIS International plc (ARRS) Chairman Purchases 4000 Shares of Stock

Following the completion of the purchase, the chairman now owns 862,697 shares of the company's stock, valued at approximately $22,041,908.35. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. ARRIS International plc (NASDAQ ARRS)
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Here's What Elizabeth Warren Thinks About Wells Fargo CEO Tim Sloan's Pay Raise

… in scandals for 16 months, including a revelation that auto-loan clients were forced to pay for unwanted car insurance. The firm announced this week that it paid Sloan $17.4 million for 2017, a 36% increase from a year earlier. For more on Sen. Warren's dispute with Wells Fargo, watch Fortune's video:
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Insider Buying: ARRIS International plc (NASDAQ:ARRS) Chairman Purchases 4000 Shares of Stock

ARRIS International logo ARRIS International plc (NASDAQ:ARRS) Chairman Robert J. Stanzione acquired 4,000 shares of the company's stock in a transaction on Friday, February 16th. The stock was acquired at an average price of $25.55 per share, for a total transaction of $102,200.00. Following the
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How Britain Can Really Go After Corrupt Russian Elites

How Britain Can Really Go After Corrupt Russian Elites

… but it should be a bearable one. “These are arms of a state that has been involved in a nerve gas attack on British soil,” said Borisovich. “At the very moment May was making her speech in parliament, Gazprom, another arm of the Russian state, was placing a bond in U.K. capital markets,” he said.
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Digital Economy Has Been Growing at Triple the Pace of US GDP

If every U.S. industry could match the growth of the digital sector, the economy would be expanding at a much faster clip. The digital economy has grown at an average annual rate of 5.6 percent in the 11 years through 2016, compared with 1.5 percent growth in the economy as a whole, according to a
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How to get a great real estate deal

Or worse, I've had instances where people are interested in a property but not pre-approved by a mortgage lender, and by the time they get their paperwork in line, it's too late — someone else scooped up the house. You've got to be prepared, have a game plan, have your finances in order and be ready
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JLL appoints new Asia Pacific director of international capital to strengthen cross-border investments

He has been working in London for 11 years and developed close working relationships with global investors. His responsibilities included managing private equity funds, institutional investors, and high net worth clients. He has a proven track record in building strong links across client platforms.
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Washington Real Estate Investment Trust Confirms 1st Quarter 2018 Earnings Release Date and …

WASHINGTON, March 15, 2018 (GLOBE NEWSWIRE) — Washington REIT (Washington Real Estate Investment Trust) (NYSE:WRE), a leading owner of commercial and multifamily properties in the Washington, DC area, will announce 1st Quarter 2018 earnings in a press release to be issued on
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Battle over Hawaiian royalty descendant's fortune heats up

The legal battle over Hawaiian royalty descendant Abigail Kawananakoa's fortune is heating up as a state judge ruled that allegations of physical abuse must be investigated.
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Why Uber Drivers Fear for Their Lives in Istanbul

An Uber driver keeps a metal rod close at hand during his daily drives through Istanbul. Alarmed by violent attacks in recent weeks allegedly carried out by angry yellow cab drivers who want Turkey to ban the ride-hailing company, Levent says he's even considering carrying a gun and asked that his last
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Financial Services Roundtable, The Clearing House Association Merge To Serve Very Largest Banks

The Financial Services Roundtable recently shifted its focus to issues facing the nation's largest banks, noted Housingwire. The board of the FSR voted late last year to “pare down its membership only to banks with more than $25 billion in assets” in order to allow the group to focus solely on big bank
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Singapore's banking sector HR leaders comment on new guidelines

“I'm pleased to learn that the banking sector is the first sector to take the lead in implementing this advisory,” says Bharoocha. “I wouldn't go as far as to suggest that the proposed advisory would equate to a paradigm shift, rather, something that was long overdue and a matter of 'keeping up with times',”
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Lending

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Learn how to start a bidding war—and other secrets to selling your home—on March 22

Very good questions. This is where the “real” in real estate agent becomes a huge benefit. Real estate agents not only use comparable market sold stats but neighborhood information, sales trends to work with you to figure out the magic number so you can get to “sold” quickly and with multiple offers.
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Austin home prices resume torrid climb in February

The typical winter slowdown in the housing market seems to have skipped Austin. Median home prices jumped 12.2 percent within the city limits in February — the second straight month of double-digit year-over-year growth, according to the latest data from the Austin Board of Realtors. The median
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Arunachal passes bills to streamline Panchayati Raj, regulate money lending

The Arunachal Pradesh assembly on Thursday passed laws to streamline the Panchayati Raj system and to regulate money lending, with provisions to penalise and imprison money lenders who operate without licenses. With the passage of the Panchayati Raj (Amendment) Bill 2018, the state will now
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Real Estate Rumors: NYC Penthouse, L3, Industrial Property

Law360 (March 15, 2018, 6:56 PM EDT) — A five-story penthouse at the Crown Building in Manhattan is reportedly under contract to sell for $180 million, The Real Deal reported on Thursday. If the deal goes through at that price point, the transaction would shatter the previous record for a New York City
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Invesco Mortgage Capital Inc. Announces Quarterly Common and Series A Preferred Stock …

ATLANTA, March 15, 2018 /PRNewswire/ — Invesco Mortgage Capital Inc. (NYSE: IVR) today announced that its Board of Directors declared quarterly dividends on shares of its common stock and Series A preferred stock. Also, today the Company retired the remaining balance outstanding of its
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Home Prices in Israel Keep Falling, but So Do Home Sales

Israel's housing market offered some good news and some bad news for Finance Minister Moshe Kahlon on Thursday. On the one hand, the Central Bureau of Statistics reported that home prices fell for the fourth straight month; on the other hand, there was a sharp decline in sales of new homes and a
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Dan River Region real estate transfers

Kawana Mutter (Kawana Dix) to Terra Firma Real Estate Holdings, State Road 963, Pittsylvania County, $30,482.58. Jason W. Presley and Crystal G. Presley to Charlie Wayne Shelton and Kaye » Earles Shelton, .0001 acre, lots 16 and 17, Pittsylvania County, no money transferred. » Charlie Wayne
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RUNNING: Paint the Town Blue for Mitch 5K/10K set for March 25

… Three Lilies Photography, The Auto Shop, Marshall's Pasties, La Te Da, Center of Movement, ​Foothill Flowers, Dawn Ryley, Quick Response, ​Jeff Patton, Bill Gorman, Premier Flooring, Placer Title Company, Grass Valley Sign, Radius Physical + Sports Rehab, Tess' Kitchen Store, Incredible Pets,
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Nike Says It's Reviewing Improper Conduct as Possible CEO Pick Steps Down

Vice President of Global Brand Management for Nike Trevor Edwards in New York City on Feb. 22, 2012. Mike Lawrie—Getty Images. By Bloomberg. 1:40 AM EDT. Nike (nke, +0.29%) said it's reviewing improper conduct at the athletic-apparel giant as one of its top executives steps down from the job,
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Banking royal commission hears broker viewed Westpac loans as 'easier' to get

Of the four brokers whose activities were examined by the commission on Friday, three of the brokers – Shiv Sahay, Emma Khalil and Madhvan Nair – were later convicted, and the fourth, Bernard Meehan was banned by Asic. Aussie only terminated the contracts of the brokers after the lending bank had
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