Top Picks For Real Estate Dividend Rockstars

Top Picks For Real Estate Dividend Rockstars

The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. These factors drive the profitability and cash flows of real estate companies, which in turn steer the dividend payout and
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Banks lending up to 90pc again, broker says

Whereas before there has been a number of banks not lending to low-deposit borrowers at all, now all were open to those loans in some way. “A number of lenders were out of the over-80 per cent market and that put a damper on their ability to get other business. Now they are able to do that they are
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Banking Center Manager Jobs in Farmington Hills, MI

The MDM is accountable for maximizing branch revenues, sales, and client satisfaction while minimizing operating losses. He/she creates and manages their banking center business plan. This individual will be responsible for branch compliance with bank policies, procedures, and operational integrity.
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Moody's tips house price 'correction' across NSW

After rising faster than any other Australian capital city in recent years, Sydney's housing market is slowing. According to data from CoreLogic, prices in Australia's largest and most expensive housing market have already fallen 1.7 per cent this year, continuing the modest reversal that began in the final
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LUC: Real estate stakeholders hail Ambode over reduction

Stakeholders in the Real Estate sector have commended Governor Akinwunmi Ambode of Lagos State over 50 per cent reduction in the hitherto controversial Land Use Charge (LUC), describing him as a listening governor. The Chairman of the Lagos State chapter of the Nigeria Institution of Estate
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Independent Bank's deal for TCSB unlocks NW Michigan market

Securing a presence in Northwestern Michigan where Traverse City State Bank has five offices significantly opens the market for Independent Bank, which first ventured into the area in early 2017 with home mortgage and retail lending offices. Independent Bank in particular has a much higher in-house
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MarketInvoice hits £2bn lending milestone

MARKETINVOICE has reached £2bn of cumulative lending and expects to hit £3bn by the end of the year. The business finance company said on Monday that the first £1bn was achieved after five years of trading and the second £1bn took just 14 months to reach. “2017 was a productive year for
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UPDATE 1-China's Feb new home price growth slows as big cities decline

March 19 (Reuters) – China's new home price growth slowed in February from the previous month as a raft of government curbs aimed at tempering speculative demand softened prices in the biggest cities, although overall growth remained firm. Average new home prices in China's 70 major cities rose
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NAB slashes key home loan rate by 142bp

The nation's third last lender, with about 15 per cent share of the mortgage market, is heavily discounting principal and interest, owner occupier loans to 3.69 per cent. The new rate, which is being promoted through its broker network, is a 1.42 per cent discount off the current advertised rate for the base
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'Awkward trade-off': ANZ quizzed over possible breach of credit laws

ANZ has admitted it does not independently verify the monthly expenses of people applying for a home loan, an approach that would seemingly put the bank in breach of credit laws in Australia. The bank's head of home loans, William Ranken, told the banking royal commission on Monday ANZ relied
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China house prices rise 5.2 per cent in February

Growth in the cost of new housing in China's major cities rose in February in the latest indication of the property market since the country's premier reiterated that housing was “not for speculation”. The average cost of new housing in 70 major cities rose 5.2 per cent year on year on in February, according
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Zuma's Prosecution Carries Peril for South African Ruling Party

Former South African President Jacob Zuma's prosecution for graft appears at first glance to be a victory for the anti-corruption campaign of the nation's new leader, Cyril Ramaphosa. Yet it also carries risks for his ruling African National Congress. Not only will a drawn-out trial be a constant reminder to
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Cloud-Based Software is Revolutionizing Commercial Real Estate Underwriting

Nearly every industry is trying to figure out how to get on the “data-driven” bandwagon with its promise of untold value locked away in mountains of data. However, not only is the real estate industry lagging in the adoption of advanced analytics technologies, it's lagging in much more fundamental areas
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A new round of lending restrictions could be on the way in Australia – but they'd hit housing hard

A third wave of macro-prudential measures may be in store for Australia's mortgage market as regulators switch their focus to responsible lending standards, UBS says. And the bank's Australian economics teams said the implications are for “a potentially material negative impact on housing and the
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Dozens of US Business Groups Warn Trump Against China Tariffs

Tariffs that result in reduced consumption of products would also depress financial markets, the groups said. They urged the administration to work with them to find effective, alternative responses to Chinese trade practices. “Imposition of unilateral tariffs by the Administration would only serve to split the
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9 in 10 SMEs say cash flow problems prevented revenue growth

The difficulties experienced by some small businesses when dealing with large banks may have led to an increased interest in non-bank lending. Scottish Pacific CEO Peter Langham said the growth potential for the non-bank lending sector is significant. “The Index found that for SMEs with plans to
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Report highlights 'stark regional polarisation of housing wealth'

Only one local authority area in the whole of England and Wales is yet to see average house prices pass the £100,000 mark, analysis has found. Blaenau Gwent in South Wales now stands alone out of the 348 local authorities, with Burnley having finally seen the average price of flat and house sales tip
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AP PHOTOS: From flags to carpets, red rules Chinese politics

Red has long be special in Chinese culture, representing good fortune – but not necessarily its rulers. For centuries, China's emperors were equated with the color yellow while they surrounded themselves with walls of deep vermilion. Not until after the Communist Party swept to power in 1949, did red,
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Support for Japan's Abe Plummets to Record Low in Two Polls

Three other surveys — published separately by the Mainichi newspaper, Kyodo News and the NNN news network — found similar falls in public support for Abe. They were all conducted after the finance ministry's admission last week it had doctored documents relating to the sale of public land for a
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Inside Apple's Secret Plan to Develop and Build its Own Screens

Display makers in Asia fell after Bloomberg News reported the plans. Japan Display dropped as much as 4.4 percent, Sharp tumbled as much as 3.3 percent, Samsung slid 1.4 percent and BOE Technology Group was down 2.7 percent. Controlling MicroLED technology would help Apple stand out in a
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Moody's says a Sydney house price 'correction' is coming

Moody's says a Sydney house price 'correction' is coming

After rising faster than any other Australian capital city in recent years, Sydney's housing market is slowing. According to data from CoreLogic, price in Australia's largest and most expensive housing market have already fallen 1.7% this year, continuing the modest reversal that began in the final parts of
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March Best Undervalued Real Estate Stocks

Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. Currently, Pioneer Global Group and Hopefluent Group
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How the Bank of Son and Daughter could help your older clients

It's often in the form of a gifted deposit, loan, or as standing guarantor on a mortgage, but there has also been a rise in the number of 'joint borrower, single owner' deals. This type of lending is increasingly used to enable parents to help children onto the ladder by boosting their borrowing power, without
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Discounted Real Estate Stock Picks

The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. Currently, Debao Property Development and CWG International are real estate companies I've identified as potentially
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The next election is as much about Labor v Liberals as young v old

This is a win for young people looking to tap the housing market. The recent policy announcement from Labor on superannuation, which abolishes cash refunds for excess dividend imputation credits, will fall almost exclusively on the well-off baby boomer cohort. Young people don't hold many shares in
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Converted Fitzroy cinema stars on property market

“We sold it as the Movie Makers' in 2002 and the previous owners to the vendors did the big conversion,” he said. “It was scheduled to go to auction four years ago but the vendors saw it before it hit the market with us and made an aggressive offer to buy it before … the kids have now grown up and
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Washington Real Estate Investment Trust (NYSE:WRE) Shares Tick 0.00% For the Week

Washington Real Estate Investment Trust (NYSE:WRE) shares saw the needle move 0.00% on the week. The stock closed the most … The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day. On any given trading
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Is Buying Anixter International Inc (NYSE:AXE) Here Good Idea?

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.06, from 1.23 in 2017Q2. It is positive, as 18 investors sold Anixter International Inc. shares while 57 reduced holdings. 27 funds opened positions while 70 raised stakes. 26.19 million shares or 0.23% more from 26.13 million shares in 2017Q2
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China Home Prices Rise in Fewer Cities as Deleveraging Deepens

The slower growth comes as authorities sent a stronger signal at the National People's Congress on efforts to curb property speculation and tame runaway prices. Earlier this month, an NPC spokesman said a property tax bill is being drafted, and the head of the nation's banking regulator again called for
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State of Tennessee Treasury Department Buys 22886 Shares of Expeditors International of …

Expeditors International of Washington logo State of Tennessee Treasury Department increased its position in shares of Expeditors International of Washington (NASDAQ:EXPD) by 46.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange
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Societe Generale Is Seeking an Australian Banking License

The French bank wound down much of its Australian business in 2010, when it shifted its foreign exchange and commodities trading from Sydney to Hong Kong, giving up its local deposit-taking license a few years later. But Societe Generale retained a Sydney office, and over the past couple of years
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Foreign Banks Step up in Taiwan

HONG KONG (LPC) – Taiwan's ultra-competitive loan market, dominated by highly-liquid domestic lenders, is turning out to be an unlikely source of … Banking Corp – are also joint mandated lead arrangers and bookrunners along with Mizuho and Taiwanese lenders Bank of Taiwan, Bank Sinopac,
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Monitoring customer home loan expenses is 'hard', 'costly': ANZ

ANZ's executive general manager home loans and retail lending William Ranken appeared before the Hayne royal commission on Monday as public hearings focused on conduct in the consumer credit area stretched into their second week. Mr Ranken attempted to defend the bank's processes which
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Banking royal commission hears ANZ mortgages risk breaching responsible lending laws

Senior counsel for the royal commission, Rowena Orr QC, put it to ANZ's general manager of home loans and retail lending Will Ranken that the bank was falling short of responsible lending laws and guidelines from the bank regulator, APRA. Ms Orr pointed out that the National Credit Act “prohibits ANZ
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Housing market suffers poor February

Housing market suffers poor February … The only good news came in the number of residential units sold so far this year, with 171 units sold the first two months of 2018 over the 166 for the same time a year ago, … An upsurge, however, could be lurking on the horizon for St. Joseph's housing sector.
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Spring may not be so hot for US housing markets

Despite all encouraging signs, including a drop in unemployment and a booming economy, homes sales will suffer. Not enough homes are coming on to the market to meet the demand, causing home prices to go up. Many millennial buyers have already been priced out of the market despite a rise in
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Commercial Mortgages: Bridge loans are an important tool in transforming properties including …

Commercial Mortgages: Bridge loans are an important tool in transforming properties including Stony Point Fashion Park … The Steve Miller Band probably wasn't thinking about short-term commercial estate financing when it recorded the 1976 hit “Fly Like an Eagle” with the famous lyrics “time keeps on
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Saudi Prince Defends Yemeni Bombing Action as US Tour Starts

Saudi Crown Prince Mohammed bin Salman defended his country's bombing campaign in Yemen at the outset of a U.S. tour to generate good will for his nation, accusing rebel forces of exploiting the situation there to win sympathy from the international community. The ruling prince spoke about his
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Tired of waiting?

It's now been six months since I started out as a freelance marketing consultant and also since I started writing this blog, so with time to ponder I decided to review progress and consider what's worked, what's not gone so well and what plans I should put in place for my next six months. Breaking news
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Chinese Central Bank's Departing Chief Leaves a Legacy of Reform – and Debt

Back in 2010, Zhou played tennis in Beijing with Lawrence Summers, then the chief economic adviser to President Barack Obama, and joked that the victor will decide the exchange-rate issue, according to a paper supervised by the official Xinhua News Agency. Zhou won. China under Zhou became
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Australia's CBA acknowledges it hurt customers as inquiry enters second week

Australia's CBA acknowledges it hurt customers as inquiry enters second week

[SYDNEY] Commonwealth Bank of Australia (CBA) has acknowledged it treated customers unfairly as a powerful inquiry into the scandal-hit banking sector that has uncovered serious misconduct and fraud enters its second week. Incoming CBA chief executive Matt Comyn said in an email to staff that
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Prices hit record highs in first-time and second-stepper sectors

“Either way, sellers need to be mindful of increasingly stretched buyer affordability, and the more they increase prices the more buyers will hit their ceiling on the amount they are able to save for a deposit and borrow for a mortgage. “There does however still seem to be potential price headroom in parts
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After Tencent and Ctrip, Bank of East Asia eyes more partners for virtual banking

“We do not think we will apply for a virtual banking licence as we have already operate a traditional bank that has been around for almost a century,” Li said. “We already offer many digital banking services to customers. However, we would actively consider teaming up with a partner who may like to have
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Mortgage Loans

Whether you are a first-time home buyer or purchasing the house of a lifetime, we have you covered. The credit union offers conventional mortgages for new purchases, constructions and refinances, as well as FHA and VA mortgage loans. We also offer free pre-qualification.
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Standard Life Aberdeen plc Acquires 169486 Shares of FNF Group of Fidelity National Financial …

Standard Life Aberdeen plc increased its holdings in FNF Group of Fidelity National Financial, Inc. (NYSE:FNF) by 613.0% during the fourth quarter, according to its most … The Fidelity National Title Group segment consists of the operations of FNF's title insurance underwriters and related businesses.
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Scottish homeowners pay out 20% of their disposable income on their mortgage

Scottish homeowners pay a fifth (20%) of their disposable income towards their mortgage each month, half of the prorportion in 2007 (38%), Bank of Scotland data found. Disposable income spent on mortgage payments in Scotland is 9% less than the rest of the UK (29%), making it the second most
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Global Automotive Housing Thermostat Market Sales,Trend,Revenue, Region, Application and …

This kind of report on global Automotive Housing Thermostat Market a comprehensive study that takes account of the historical data, presents the current state, and anticipates the future.Additionally, it includes extremely useful information for new and growing company to mark themself over the market.
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Report: Twitter to Ban Many Cryptocurrency Ads

Twitter will ban advertisements for several kinds of cryptocurrency products and projects. The policy, according to Sky News, would go into effect in two weeks and would block ads for initial coin offerings, token sales, and cryptocurrency wallets. It could also encompass a ban on ads for cryptocurrency
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Nearly 900 apartment units proposed in 4 developments in Charleston area

The multifamily housing market continues to hum as people flock to the Charleston region in search of jobs and millennials put off home buying. Close to 900 new apartment units are proposed in four new developments throughout the area from the peninsula to Daniel Island to West Ashley. On Daniel
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House prices continue to fall in London, with experts predicting muted growth until 2022

London house prices continued to fall last month as the capital's housing market cooled, with experts predicting price growth to remain subdued until 2022. Asking prices fell by 0.6 per cent year-on-year this month, according to figures published today by Rightmove. The average price for a property in
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How a real estate revival is transforming Portugal's cities

Portugal's cities are going through a modern day renaissance as strong economic growth fuels new retail developments, companies vie for space in its growing office market and investors target older buildings for refurbishment projects. Lisbon, the capital, is making a name for itself as international city,
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FintruX advisor Yash Mody aims to help businesses with P2P lending

FintruX is a global peer-to-peer lending platform. So we're connecting borrowers and lenders on our platform and we're doing it across the world. So we're going to be starting in Canada and Singapore first and then expanding out to other geography after that. And what stage are you at? Have you gone
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Mortgages most affordable in a decade, says Halifax

As of the fourth quarter of 2017 mortgage payments accounted for less than a third or (29%) of homeowners' disposable income, compared to almost half (48%) in 2007. Andy Bickers, mortgage director at Halifax, said: “This is a real boost for both those who already have a mortgage and those preparing
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Conversation more important with mortgage brokers than other sectors

Half of people prefer to speak in person to a financial adviser when arranging a mortgage, a YouGov poll conducted by home insurance provider Paymentshield has found. However in general just one in 10 favour a face-to-face chat when making contact with a businesses. The most popular way to get
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SMEs trading banks for fintechs, poll suggests

Meanwhile, 22% of SMEs identified non-bank lenders as their preferred source of growth funds, up from 11% in 2014. In addition, it was revealed that amongst SMEs that have not used non-banking lending options in the past 12 months, 47.6% would be interested in using these options in the future.
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Exclusive: Regulator shopping in vogue as China's shadow banks evade Beijing's grip

Financial companies and trusts, which are some of the most popular conduits for banks looking to get around tighter lending rules, have been partnering with other firms based as far afield as desert-locked Gansu province, Xinjiang and Inner Mongolia. China's banking regulator, which oversees trust
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Banking Royal Commission: ANZ mortgage verification system under spotlight

The mortgage broker channel is crucial to ANZ (ANZ), writing nearly 60 per cent of the bank's $67bn a year in home loans. … And in a further blow to the broker model, which took a heavy battering from the royal commission last week, ANZ's head of home loans, William Ranken, admitted there was no
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Fortune Brands Home & Security Inc (FBHS) Shares Sold by Candriam Luxembourg SCA

Fortune Brands Home & Security logo Candriam Luxembourg S.C.A. trimmed its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 88.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,241 shares
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Average asking prices for homes reach record high

Asking prices for houses reached record highs in parts of Britain this month, as strong demand from first-time buyers and second movers coincided with a drop in the number of homes coming to market. The average price of a home increased by 1.5 per cent this month, the largest March rise since 2007,
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AD: P&N Bank's Open Banking Strategies

This content requires an active Banking Day subscription. Login below or request a free trial. I'm a returning subscriber. E-mail address. (Lost password?) Password. Request a free trial. Emailing you the news at 7am. Covering core lending and funding issues, strategy, payments, regulation, risk
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UK Wants Brexit Transition Locked in at Key Summit This Week

UK Wants Brexit Transition Locked in at Key Summit This Week

Theresa May's Brexit negotiators want to secure a written promise of a transition deal from the European Union at a key summit this week, to help reassure businesses that they will get the grace period they desperately want. Michel Barnier, the EU's chief Brexit negotiator, and David Davis, his British
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"Huge" Trade Deficits Are Smaller Than You Think

Instead of raising barriers to “Chinese” imports, the U.S. should be pressing China to open up its own markets wider, to allow greater investment access and a level playing field for U.S. firms … This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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Mexico's AMLO Says He Would Ask Pena to Halt New Oil Contracts

15, Alfonso Romo, his top business adviser, told Bloomberg that Lopez Obrador's team had found most of the past contracts to be transparent. Later that month, Rocio Nahle, his top energy adviser, was quoted in the Wall Street Journal saying she'd halt new auctions until positive results were seen from
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Sampdoria 0 Inter 5: Four-goal Icardi demolishes former side

Fortune smiled on Icardi five minutes after the break, as he produced a volley from a tight angle that was drilled into the ground and bounced over the helpless Viviano for his 100th goal in an Inter jersey. Sampdoria sat back even further as a result in an attempt to limit the damage, and their hopes of not
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With the future of 1p and 2p coins under scrutiny, is your small change worth a fortune?

The government has ruled out scrapping 1p and 2p coins, despite launching a consultation into the use of cash. And if you're among the 60% of people who immediately save, lose or even throw out pennies you receive, think again – these small coins can be worth more than you think. Launched on
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Category:Banking in Washington (state)

Jump to: navigation, search. Subcategories. This category has only the following subcategory. B. ▻ Banks based in Washington (state) (1 C, 8 P). Pages in category “Banking in Washington (state)”. This category contains only the following page. This list may not reflect recent changes (learn more). W.
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High school students to participate in 'Bank Day'

RICHMOND, Va. (AP) — More than 400 high school seniors are expected to shadow bankers across Virginia this week to learn about banking and financial services. The Virginia Bankers Association Bank Day will be held Tuesday at more than 30 banks around the state. The third Tuesday in March
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W Don Cornwell Sells 2500 Shares of American International Group Inc (AIG) Stock

Barrow Hanley Mewhinney & Strauss LLC boosted its position in American International Group by 121.9% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 15,631,331 shares of the insurance provider's stock valued at $959,607,000 after buying an additional 8,586,682 shares
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Foreign Gains Seen as Cushion for Canada's Big Banks

Though Canada's economy is expected to continue growing, the housing market has slowed recently, as regulators toughen mortgage-financing rules and interest rates rise. A slowdown could affect mortgage originations at the banks. Riaz Ahmed, TD's CFO, said growth in mortgage loans will likely
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Deloitte to Pay $149M Over TBW Loan Fraud

During that time period, TBW was “engaged in a long-running fraudulent scheme involving, among other things, the purported sale of fictitious or double-pledged mortgage loans,” but the financial statements audited by Deloitte “failed to reflect its severe financial distress,” according to the DoJ. Deloitte
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Matthews International (MATW) Upgraded to “Accumulate” by Wellington Shields

Matthews International (NASDAQ:MATW) was upgraded by research analysts at Wellington Shields from a “hold” rating to an “accumulate” rating in a research note issued on Thursday. Other research analysts also recently issued research reports about the stock. B. Riley restated a “buy” rating and set
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Jared Kushner's Family Got Half a Billion in Loans After Key White House Meetings

After co-founder Joshua Harris met with Kushner on “multiple occasions,” ostensibly to advise the administration on infrastructure, Kushner Cos. was the lucky recipient of a $184 million loan—three times the size of Apollo's average property loan—to refinance the mortgage on its Chicago skyscraper (in
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Schwarzman Collects $787 Million in '17 to Rule Over Wall Street

Average pay in 2016 for chief executive officers of S&P 500 companies was about $13 million, according to data compiled by Bloomberg. “We don't really see these numbers elsewhere,” said John Trentacoste, partner at executive compensation consulting firm Farient Advisors. “But it's difficult to
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One Thing To Consider Before Buying KEC International Limited (NSE:KEC)

If you are a shareholder in KEC International Limited's (NSEI:KEC), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. There are two types of risks that affect the market value of a listed company such as KEC. The first risk
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Powell Plays Down Overheating Risk While Asserting Gradual Path

Federal Reserve Chairman Jerome Powell pushed back against the notion that the U.S. economy is close to overheating, as he fine-tuned the message on his outlook while reinforcing his commitment to a gradual pace of policy tightening. Powell spoke to lawmakers on Thursday for the second time this
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Former Uber CEO Travis Kalanick Joins Health Startup's Board

Travis Kalanick has found his first known gig since the former Uber Technologies Inc. chief executive officer was ousted from the company he co-founded. Kalanick is joining the board of his friend's medical office software company. The startup, called Kareo Inc., is based in Irvine, California, and has
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Bud Beer, Kisses, Apple Macs Caught Up in Aluminum Tariff Plan

Beer, soft drinks, candy, canned soup and even pharmaceuticals rely on aluminum for cans, wrappers and blister packs, and many electronics include the metal. Containers and packaging make up about 18 percent of aluminum consumption in the U.S., according to Bloomberg Intelligence. Higher costs
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Google Sued by Ex-Recruiter Alleging Anti-White, Asian Bias

The critics of Google's effort to promote workforce diversity now include one of its own former recruiters, who claims in a lawsuit he was fired because he didn't toe the line on rejecting white and Asian male job candidates. The Alphabet Inc. unit had “irrefutable policies, memorialized in writing and
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Contreras-Sweet Reaches Agreement to Buy Weinstein Assets

A group led by former Small Business Administration chief Maria Contreras-Sweet agreed to acquire assets of Weinstein Co., the film and TV company that went into a tailspin after its co-founder was accused of sexual misconduct. The deal represents the bulk of the business and will keep the company
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Independent mortgage lender opens Hawaii office

Castle & Cooke Mortgage, one of America's leading independent mortgage lenders, continues its nationwide expansion with the opening of its first office on Kauai. John Dispirito, an island local with 36 years in the mortgage industry, manages the branch. Prior to joining Castle & Cooke Mortgage,
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The Next Housing Crisis: A Historic Shortage of New Homes

The Next Housing Crisis: A Historic Shortage of New Homes

When the buyers who outbid Ms. Black on one home rescinded their offer because of concerns about an inspection report, she pounced. She closed on the property, a 1,500-square-foot home for which she agreed to pay about $7,000 over the asking price of $163,000. “This market is just insane.
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#2020Vision: Banking bill shows left's divides; Warren and Sanders prep joint event; staffing up the …

“The American people aren't going to stand by while big banks and giant corporations run this economy and this Congress for their own benefit,” she tweeted. “Soon — maybe not today, or next week, or even in the next election — but soon, they will demand a government that works for the people.”.
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KCB cuts branch opening hours in digital banking push

KCB cuts branch opening hours in digital banking push … The bank, which has 42 branches in Nairobi, on Friday said that seven of its outlets will from April 3 be operating between 8:30am to 4pm Monday to Friday and from 8:30am to 12pm on Saturday and remain closed Sundays and on public
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RSA for mortgage: Workers await PenCom's guidelines

Four years after the Pension Reform Act was amended, workers have been unable to use part of the savings in their Retirement Savings Accounts for mortgage loans. Findings by our correspondent revealed that the guidelines for the withdrawal of 25 per cent of the RSA balance by any contributor
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Australian properties for sale for less than $150k

THE BARGAIN price tag of $150,000 wouldn't get you much real estate in most Australian cities. However, if you look a little further afield (OK, a lot further afield) there are some weird and wonderful properties out there for less than the price of a Sydney car space. For the kind of cash some city slickers
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Kushner's real estate company reportedly falsified records to harass tenants, earn huge profits

(Mary Altaffer | The Associated Press) In this Thursday, March 15, 2018 photo, Mary Ann Siwek sits in her apartment in the East Village neighborhood of Manhattan. Jared Kushner's family real estate company routinely filed false documents with New York City claiming it had no rent-regulated tenants in
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Kilmarnock's turn in fortune is down to a minor miracle of man-management by Steve Clarke and …

No smash and grab, no sucker punch, no Dick Turpin masks for the bus ride home. Rangers 0 Kilmarnock 1 – Kris Boyd bags winner as Gers suffer record-equalling Ibrox defeat. Clarke applauds the Killie supporters at full time. Willie Vass. 4. Clarke applauds the Killie supporters at full time. In short
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Signs of Revival Turn Lender Bullish on India's Villages

The recovery in India's rural economy is likely to curb bad loans and boost profit at financial companies that specialize in credit to the country's villages, according to one of the biggest such lenders. Mahindra & Mahindra Financial Services Ltd., which offers loans for equipment and vehicles in 330,000 of
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Alexander Hernandez explains how old mortgage career helped his stunning UFC debut

Alexander Hernandez knew it was only a matter of time before he got into the UFC. He also knew he'd probably have to do things the hard way — a random phone call leading to a short-notice fight against any manner of opponent or weight class, ranked foe or total unknown, lightweight or something
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Chill out: San Fran's only got “elevated risk of bubble activity”

Housing prices have been riding sky-high for six years, but a recent downward trend has some wondering whether it's the beginning of the end for San Francisco's strong resi market. Median sales prices topped out after the fourth quarter of 2017 with single-family homes going for $1.5 million on
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Under-fire Shah asks judge to stop seizure of property

Shah's company, Al Shams Global, acquired a stake in Interfin through a loan it had advanced to the bank Shah's company Al Shams Global then seized Tande's Equity Properties' title deeds and Bankers Acceptances unlawfully from Interfin, it is alleged, during the time the bank's assets were being
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Property-owning general public are winning from real estate competition

Despite the caricature of real estate professionals as “chancers” earning excessive and easy money, in truth, it is a highly competitive, professional and hard-working sector. In any part of any city, there are always multiple firms competing for vendors' business. And since firms have to demonstrate local
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Trump Calls for Death Penalty for Drug Dealers to Combat Opioids

President Donald Trump called for drug dealers to receive the death penalty in some cases as part of his administration's effort to address the opioid crisis. The Department of Justice “will seek the death penalty against drug traffickers, where appropriate under current law,'' the White House said in a fact
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Saudi Fund Said to Take $400 Million Stake in Emanuel's Endeavor

Saudi Arabia's sovereign wealth fund is taking a $400 million stake in Endeavor, one of Hollywood's biggest talent and event managers, as part of Crown Prince Mohamed bin Salman's grand plan to diversify the kingdom's oil-based economy, according to people with knowledge of the deal.
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Economists Split on Singapore Central Bank Tightening: Survey

Economists are split on whether the Monetary Authority of Singapore will change its policy stance in April amid subdued inflation pressure. Four of seven economists see the central bank shifting to a tightening stance next month, according to a Bloomberg survey conducted March 13-16. The MAS
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BlueCrest Capital Management Ltd Buys Shares of 34912 Expeditors International of Washington …

Expeditors International of Washington logo BlueCrest Capital Management Ltd acquired a new position in Expeditors International of Washington (NASDAQ:EXPD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,912
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Short Interest in IMPAC Mortgage Holdings, Inc (NYSEAMERICAN:IMH) Decreases By 0.9%

IMPAC Mortgage logo IMPAC Mortgage Holdings, Inc (NYSEAMERICAN:IMH) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 739,791 shares, a decrease of 0.9% from the February 15th total of 746,705 shares. Based on an average
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Singdollar bond market gets a booster

The market, which has been hit by interest rate volatility, continues to be choppy but strong issuers such as the Land Transport Authority (LTA) will be well-received, said Mr Clifford Lee, DBS Bank head of fixed income. Last Monday, the LTA sold a bumper $1.2 billion worth of bonds, bringing the
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Indonesian banks will see more than 12% loan growth in 2018: regulator

Wimboh Santoso, head of Indonesia's Financial Services Authority (OJK), said that he was confident that the sluggish bank lending that has hobbled South-east Asia's biggest economy was coming to an end. Loan growth in Indonesia has fallen below 10 per cent since the start of 2016, compared with
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Croatian company eyes serving rural banks and the country's unbanked

AZAGREB, Croatia-based cloud-based banking software company on March 15 said they see a huge potential for their product specifically in the country's rural-banking industry. “The Philippines is a big market and we are looking at markets with big populations. On the flipside, it also has one of the
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Beijing housing market cools on heels of crackdown

Beijing housing market cools on heels of crackdown

The Beijing municipal government introduced more than 20 new rules to crack down on speculation in the housing market, leading to an overall decline in housing prices and sales, The Paper reported. According to the data released by Centaline Property, before the crackdown, 254,916 sets of
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Indonesia Courts BlackRock on Its Overhaul Roadshow

The country is carrying out a global roadshow to pitch for investment in the roads, airports and power plants it needs to overhaul Southeast Asia's largest economy. Brodjonegoro, the planning minister and former finance minister, met BlackRock Inc. and pension funds on a global tour that's taken him to
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FSB Chair's letter to G20 Finance Ministers and Central Bank Governors

This letter from the FSB Chair was sent to the G20 Finance Ministers and Central Bank Governors ahead of their meeting in Buenos Aires on 19-20 March. The letter notes that the current backdrop of strong and balanced global growth is underpinned by a resilient global financial system that is the
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2018 is the year many plan to pack up and move away

The family are among the 7 per cent who revealed in a Galaxy Poll for realestate.com.au that they wanted to sell up and move to a different area this year. “I'd like a lot more land and storage space,'' Mr Christian said. Plus he would like room for his children, 17 and 3, to be able to run around in a large
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Food packaging technology market to touch US$ 57.8 bn by 2023

Confectionery Packaging industry historical demand trends and future development study – the investors of Confectionery Packaging market will take their business decisions based on a historical and estimated performance of Confectionery Packaging market in terms of development trends, revenue
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It's Silver Win Fortune

English-bred gelding Silver Win Fortune showed the benefit of a drop in easier class to get off the mark at his sixth start at Kranji yesterday. The Daniel Meagher-trained chestnut did compete with the likes of Gran Torino, Crazy Dreams and Trigamy at his previous runs. Although the five-year-old did not
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Asia Stocks Set for Mixed Start as Traders Eye Fed: Markets Wrap

The FOMC decision and Powell's news conference come on Wednesday. The Bank of England is expected to keep interest rates and its asset-purchase program unchanged on Thursday. Attention is on language in the statement, while many forecast the bank could increase its key rate as soon as its
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Players bring murder mystery to Enderby

The Grindrod Players present Murder With Orchids, a mystery comedy in three acts written by Otto Kicks, at A.L. Fortune Secondary School in Enderby April 12-15. “Once again the cast and crew of the not-for-profit theatrical group bring to the stage a show that will make you gasp, laugh with delight and
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Is Buying All-time Stock Like Korn/Ferry International (KFY) a Winning Strategy?

Investors sentiment increased to 2.07 in 2017 Q3. Its up 0.77, from 1.3 in 2017Q2. It increased, as 14 investors sold Korn/Ferry International shares while 42 reduced holdings. 47 funds opened positions while 69 raised stakes. 48.29 million shares or 1.88% less from 49.22 million shares in 2017Q2 were
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Kushners' Cadre Startup Benefited From Misleading Rent Filings

Cadre, the real estate investing startup co-founded by White House senior adviser Jared Kushner, was the primary beneficiary of a property-flipping investment that may have been less profitable if it had fully complied with New York City disclosure rules about rent-regulated tenants. Cadre owned about
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Real estate transactions for Hampden, Hampshire and Franklin counties: March 18, 2018

Jamie N. Mercadante, Jamie Santos and Derek J. Mercadante to Brian J. Perreault, 106 Channell Drive, $177,000. Joseph Kot and Valentina Kot to Richard W. Fearn and Betty J. Fearn, 26 Jasmine Lane, $398,000. NSP Residential LLP, to James M. Lewis and Lisa M. Lewis, 12 Lenox St., $211,785.
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New Finance Data Hints A Rebound In Investment Lending Could Be Just Around The Corner

Earlier last week, the Australian Bureau of Statistics (ABS) released its monthly housing finance data for January 2018 while the Australian Prudential Regulation Authority (APRA) released their quarterly ADI property exposures data for December 2017. Each of these releases provide really valuable
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The Right Way to Grow Your Business Internationally

Serving an international customer is no longer as difficult as it used to be. According to one study, 82 percent of shoppers made at least one purchase from an international merchant in a calendar year — despite the fact that only 1 percent of small businesses in the U.S. export goods overseas. But filling
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Sunday Commentary: Have We Done Enough about Student Housing?

On Tuesday evening, after listening to a number of students talking about the current rental market and their living situation, Mayor Pro Tem Brett Lee asked his colleagues to take a pledge, given that the council has with Lincoln40 approved close to 3500 beds for student housing, to look at a broader
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Opinion: Tax policy must secure future

Because we have created a housing market that is pricing out the current and next generation of people (while delivering a financial windfall to older Australians who just happened to be around to buy into our big cities at the right time). Research last year revealed that the “Bank of Mum and Dad” is now
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Apollo Commercial Real Estate Finance: Should You Be Worried About Insider Sales?

Apollo Commercial Real Estate Finance, Inc. (ARI) is a promising high-yield income vehicle to hold during a rising rate environment. The CRE company has positive interest rate sensitivity, and the dividend is covered by operating earnings. That being said, though, insiders have sold a bunch of shares
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Five Things You Need to Know to Start Your Day

Future of U.S.-China economic dialogue in doubt, a new Chinese central bank governor said to be named and Hong Kong's octogenarian billionaire Li Ka-shing hands reins to his son. Here are some of the things people in markets are talking about.
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Asia's Millennials open up co-living market

The Millennial move towards communal living is opening up opportunities for real estate developers and investors in Asia's busiest cities. Co-living, a term used to describe a living arrangement that is something more than shared space, in growing in Asia, especially in China and Hong Kong. Typically
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Commonwealth CEO pledges to 'make things right' as royal commission turns to car loans

The Commonwealth bank was grilled over its use of commission structures that rewarded mortgage brokers for convincing consumers to take on high-value loans. ANZ's decision to give a $50,000 loan to a pensioner who fell victim to a scam and cannot afford the repayments will be further scrutinised
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India Advises Firms to Secure Access to Private Data

Three companies under investigation by Indian securities regulators after their results were leaked on social media were told to consider internal audits and background checks for employees handling potentially stock-moving information, people familiar with the matter said. The Securities & Exchange
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Samsonite Wants to Spend Up on Handbags

Samsonite Wants to Spend Up on Handbags

Samsonite International SA, the world's biggest luggage maker, has its eyes on adding a handbag brand and is open to a deal that could rival its $1.8 billion purchase of Tumi, according to Chairman Timothy Charles Parker. Handbags would help Samsonite fill a gap as the company focuses on boosting
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Noble Group Braces for First Bond Default as Pressure Mounts

“It's uncertain if the Trustee will take such enforcement action (or be asked by any Noteholders to take such action), in view of Noble's current restructuring proposal,” he said in an written interview. Technically though, the trustee could commence insolvency proceedings in courts in the event of default,
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The Best and Brightest Ideas From the Business Giants at China's NPC

“We've always had a dream to be listed back in China,” said Robin Li, chief executive officer of Baidu. Yao Jinbo, CEO of Craigslist-style service 58.com, and Wang Xiaochuan, founder of search engine Sogou Inc., were among executives who said they support bringing their listings home.
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Money being raised to pay mortgage of NYC firefighter killed in Iraq helicopter crash

One the seven service members killed when a U.S. helicopter crashed in Iraq on Thursday left behind a wife and two daughters. Sept. 11 memorial group Tunnels to Towers has donated $100,000 to pay for Christopher Raguso's mortgage. They're hoping to fundraise the rest. Raguso, 39, was a flight
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Banking, transport equities drag Qatar bourse down

The Qatar Stock Exchange on Sunday opened the week weak, losing 45 points to settle a tad above 8,800 levels, mainly dragged by banking and transport equities. Increased selling pressure from non-Qatari individuals and substantially weakened buying from non-Qatari and Gulf funds were
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Southend United held to a third successive draw

At the other end of the field, Powell would only have been pleased to see Marc-Antoine Fortune get back among the goals. At 36 years of age, Fortune would certainly have been among those the Blues boss would have been considering resting for a third game in the space of just eight days.
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South Korea Household Debt to GDP Soars to Record High

Korea's household debt has been soaring since 2014 after the government began easing regulations on mortgages, with the Bank of Korea cutting its benchmark rate. Since August 2014, the BoK cut the key rate five times. The results were catastrophic. Housing price growth in Korea has already eased
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Banking, tobacco biz boosted LT Group's income in 2017

LT Group Inc., the holding firm of most businesses of tycoon Lucio Tan, said its income grew 15 percent last year to P10.83 billion, from the previous year's P9.39 billion, on higher contribution of its tobacco and banking units. However, the respective profits of its property development, liquor and brewery
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US Fed to raise rates with trade tensions on horizon

Since the Fed's last policy meeting in January, economic data have been somewhat mixed, weighing on expectations for GDP growth in the first quarter: The trade deficit continues to widen, retail and auto sales as well as the housing market have been weaker, durable goods orders have undershot
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Fortune Brands Home & Security Inc (NYSE:FBHS) Stake Increased by Fred Alger Management Inc.

Fortune Brands Home & Security logo Fred Alger Management Inc. raised its stake in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 24.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned
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Modi Under Fire as Alleged $2 Billion Fraud Hits Anti-Graft Image

Shortly after a $2 billion bank fraud was uncovered last month at India's state-owned Punjab National Bank, a picture emerged of Prime Minister Narendra Modi with the alleged fraudster. The photo showed Modi posing at the World Economic Forum in Davos on Jan. 23 with a large business delegation
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Jared Kushner's family real estate company filed false New York City housing paperwork

In this March 15, 2018, photo, Mary Ann Siwek sits in her apartment in the East Village neighborhood of Manhattan. Jared Kushner's family real estate company routinely filed false documents with New York City claiming it had no rent-regulated tenants in its buildings, including the one where Siwek
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Hyundai, Kia Under US Probe for Cars That Led to Four Deaths

Safety regulators in the U.S. are investigating air bags in certain Hyundai and Kia vehicles that failed to deploy in frontal collisions linked to four deaths and six injuries. As many as 425,000 automobiles made by the South Korean manufacturers may be affected, according to an investigation report
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Russia Is This Week's Emerging-Market Focus as the G-20 Meets on Trade

Emerging-market investors are bracing for further fallout from allegations Russia was behind a nerve-agent attack in the U.K., overshadowing an election that's expected to extend Vladimir Putin's tenure as the Kremlin's longest-serving leader since Josef Stalin. Elsewhere, traders will be rooting for
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The War on the Post Office

“Bankers continue to fear that postal banks could replace them with a public option – one that is safer, more efficient, more stable, and more trusted than the private financial institutions that have repeatedly triggered panics and bank failures, with more predicted on the horizon,” Brown writes. (Photo: Ron
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HDB will review policies to ensure stable public housing market

[HDB'S REPLY]We refer to the commentary by Mr Ku Swee Yong (Prepare for supply avalanche as ageing HDB flat owners die; March 5) and the letters by Dr Thomas Lee Hock Seng and Mr Teo Kueh Liang (Glut of HDB resale flats may not materialise, and Policy tweaks can prevent supply avalanche;
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AP Exclusive: Kushner Cos. filed false NYC housing paperwork

This March 15, 2018 photo shows apartment buildings in the Astoria section of Queens, N.Y. The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city, including these, when it, in fact, had many of them.
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Citigroup Wants More Senior Women at Its Markets Unit in Asia

As well as promoting and hiring more women into executive roles, Citigroup hopes to achieve the gender equality target by reducing churn among new mothers. In November, it introduced a program in Hong Kong and Singapore for working mothers in the markets division, which offers longer maternity
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Wildfires Destroy More Than 70 Homes in Southeast Australia

More than 70 homes were destroyed as bushfires swept through the seaside town of Tathra in southeastern Australia at the weekend. Soaring temperatures and wind gusts fanned the fires about 500 kilometers (310 miles) south of Sydney, causing the blaze to jump a river and race through the town of
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Hanceville officials: Irish Heritage Day will return bigger, better

HANCEVILLE — Saturday's overcast skies made an apt backdrop for Hanceville's first-ever downtown Irish Celebration event, lending a sense of climatic realism to an outdoor community gathering in honor of the Emerald Isle. Jig dancing, gold hunting, food and locally-donated prizes — but no green
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Derelict fixer-upper sold for $578k

Derelict fixer-upper sold for $578k

The last time this property sold was 30 years ago according to property records, for just $63,000. Subject to council approval, the property held strong potential for someone wanting to start from scratch, according to the PTQ. Coorparoo was considered a high demand suburb by realestate.com.au with
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Roger J Kerr looks at how Kiwis are managing future interest rate risks by fixing

Whilst it may be expected that the vast majority of mortgage borrowers would stay heavily floating with their interest rate choices in this environment, the reality is that we are fixing mortgage interest rates to a much higher percentage than many other countries. Special low fixed rate offers from banks may
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The first victim if Toronto's housing market crashes? McMansions

Some view the existence of McMansions as categorically bad architecture, but, whether deemed tasteful or not in the eye of the beholder, they will likely be the hardest hit if the city's bubble bursts. The verdict comes from Canada Mortgage and Housing Corporation's deputy chief economist, Aled ab
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Innovations packaged for the market

Global Sources is bringing its flagship hardware startup trade show – Startup Launchpad to Hong Kong this spring, that aims to connect over 35,000 buyers from 240 countries, 300 startups and 250 investors. The show will take place from 11th to 14th next month at AsiaWorld-Expo, featuring a startup
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Comerica Bank Buys New Holdings in Oaktree Specialty Lending Corp (NASDAQ:OCSL)

Oaktree Specialty Lending logo Comerica Bank acquired a new position in shares of Oaktree Specialty Lending Corp (NASDAQ:OCSL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,500 shares of the credit services
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Aussie late to responsible lending

Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more. Original news and summaries of major stories from other media – ditch your newspaper subscriptions. Focused on banking and finance, saving you the time spent wading through
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Federal Tax Authority urges consumers to ask for VAT invoices

Taxable businesses will be subject to an administrative penalty of AED 5,000 for each tax invoice or alternative document they failed to issue. By Staff writer. Sun 18 Mar 2018 04:39 PM. The UAE's Federal Tax Authority (FTA) has urged local consumers to request tax invoices from retailers when
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US Homeownership Rate Slips Versus That of Other Nations

Yet even for those who choose not to tap into their home equity, the option to use the property rent-free once the mortgage is paid can play an important role in retirement savings, the researchers noted in discussing the amount of home equity currently held among seniors in European countries.
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How to grow your own grocery list – and save a fortune on shopping.

Spring will soon be upon us – and it is already time to start planting seeds if you want an early summer crop of free groceries. Here, The Mail on Sunday helps you draw up that grow-your-own shopping list. You can start growing tomatoes on your windowsill or in a greenhouse right now. Spend £2 on a
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21500 Shares in Oaktree Specialty Lending Corp (OCSL) Purchased by Comerica Bank

Oaktree Specialty Lending logo Comerica Bank bought a new stake in Oaktree Specialty Lending Corp (NASDAQ:OCSL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,500 shares of the credit
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How SMARTRealty is Using the Blockchain to Solve Real Estate

Of late, however, numerous people have been willing to use their digital wealth in the automobile and real estate markets, where transactions of a million dollars and up are fairly common. One of the first recorded property purchases through cryptocurrency was actually several years ago, in 2014, when
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Trump Approval Ticks Up Yet New Poll Shows No Coattails for GOP

Donald Trump. Photographer: Alex Edelman/Pool via Bloomberg. U.S. voters by a growing margin prefer that Democrats control Congress after November's mid-term elections, even as President Donald Trump's job approval rating is rising, according to a new NBC News/Wall Street Journal poll.
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ICONS OF REAL ESTATE CONFERENCE – Tuesday, March 27

She will speak on such issues as shifting housing preferences, the constantly changing marketplace, consumer trends, and the search for a real estate agent. This years ICONS OF REAL ESTATE are: Kevin Brinkman – Brinkman Co-Founder and Partner, Connie Dohn – Chief Financial Officer at Dohn
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Charlie Weston: Growing tracker scandal will rumble on, despite efforts of banks to put it behind them

… Oireachtas Finance Committee recently that AIB/EBS, Bank of Ireland, Danske Bank, KBC Bank, Permanent TSB and Ulster Bank have more cases that have yet to be admitted. And Danske Bank, which has since left the retail banking market here – but first introduced low tracker rates linked to home
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11 signs you're going to be wealthy, even if it doesn't feel like it

Bill Gates dropped to the number two spot, with a fortune estimated to be worth €72 billion. Gates was the richest person in the world for 18 out of past 24 years. The Oracle of Omaha, Warren Buffett is worth €69 billion dropping to the third spot, while Bernard Arnault, CEO of LVMH is ranked fourth with a
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Vermont births: Published week of March 18

Fortune, Tyler and Hannah Yuric had a son, Jaxson Avery Fortune, on January 17 at UVMC. JEFFERSONVILLE. Tamarack, Dai Mar and Heidi Miller had a daughter, Catalina Blinn Tamarack, on January 19 at UVMC. JERICHO. Cheney, Thomas and Danielle Simons-Cheney (Cloutier-Simons) had a
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Blaming banks for reduced credit to SMEs misses point

The Governor has been consistently rapping the knuckles of the Kenyan banking industry and the intervening period between the interest rate capping bill becoming law and its impending demise requires banks to significantly change their mindsets away from the traditional lending models to more
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Banking royal commission will be uncomfortable and confronting, Commonwealth Bank chief …

The incoming chief of the Commonwealth Bank is expecting such an uncomfortable and confronting week at the royal commission he has written an email warning 14,000 of his retail staff to prepare. “There will be cases highlighted next week where customers have been treated unfairly by us,” Matt
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Money lending: the culture of 10%

Unauthorised money lending culture in Arunachal Pradesh has ostensibly become an uncontrollable social menace. Over the years, this culture has maimed hundreds of families, forced spouses to separate, turned relatives to rivals, families rendered homeless, and many ruined and reduced to abject
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Some Reverse Mortgage Originators See Stability Ahead This Year

Originators also predict that the coming year will bring a bigger share of the market for Home Equity Conversion Mortgage for Purchase transactions, and even a notable entry of less experienced originators as senior reverse mortgage loan officials leave the industry. No doubt the HUD changes and the
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Marcus Hiles – Dallas A Fastest Growing City in 2018 – Leading the Nation's Population, Job and …

Marcus Hiles – Dallas A Fastest Growing City in 2018 – Leading the Nation's Population, Job and …

Housing and population increases go hand in hand as younger generations become the majority in the home buyers' market. No longer is the overly congested city lifestyle and its limited housing market on the wishlist for these younger buyers who seek convenience, accessibility and affordability as the
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Nigerian banks lose 2m customers in 2 years – Statistics

Despite Central Bank of Nigeria's (CBN) effort to promote financial inclusion,Nigerian banks lost over 2 million customers between 2016 and 2017. According to statistics from the Nigeria Inter-Bank Settlement System (NIBSS), the number of active bank accounts also reduced by 1.5 million, dropping
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Mobile lending grows in tapping unbanked

Tech companies and banks are turning to mobile for micro lending, cashing in on the unbanked to push products and services. Barclays Bank of Kenya Loading… this month launched its Timiza, offering loans between Sh100 and Sh150,000. This comes barely a fortnight after tech firm Opera piloted its
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China to name Yi Gang as new central bank governor

China's parliament is to name US-educated economist Yi Gang as the country's new central bank chief, ensuring policy continuity as Beijing moves aggressively to control risk in its financial system. Mr Yi, who has served as deputy governor of the People's Bank of China since 2008 will replace governor
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Grofers is back in the good books

All our deliveries are sourced from our warehouses now,” Albinder Dhindsa, co-founder and chief executive officer, Grofers told Fortune India. The change in the business model appears to have worked as Grofers has successfully managed to regain the faith of its investors. Last week, SoftBank Group
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Paz to sell gas station real estate rights worth NIS 1.5b

Energy company Paz Oil Company Ltd. (TASE:PZOL) is reporting to the Tel Aviv Stock Exchange (TASE) in detail for the first time about the real estate that it owns, and the amount of unused space held by the company. Paz is planning on selling and improving its real estate over the coming five years,
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Buyer borrows $33 million to buy Orlando shopping center

Concorde got financing for its acquisition of Dellagio Town Center in the form of a $28 million senior mortgage loan from Citi Global Markets and a $5 million mezzanine loan from Morrison Street Capital. Delray Beach-based Dockerty Romer & Co., a commercial mortgage banking firm, arranged the
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MML Investors Services LLC Has $498000 Position in EXACT Sciences Co. (EXAS)

Amalgamated Bank now owns 14,964 shares of the medical research company's stock worth $705,000 after buying an additional 845 shares during the period. American International Group Inc. increased its stake in EXACT Sciences by 1.5% during the 4th quarter. American International Group Inc.
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Could Etracs Monthly Pay 2xleveraged Mortgage Reit Etn (NYSEARCA:MORL) Go Down After Its …

The stock of Etracs Monthly Pay 2xleveraged Mortgage Reit Etn (NYSEARCA:MORL) registered a decrease of 14.51% in short interest. MORL's total short interest was 778,900 shares in March as published by FINRA. Its down 14.51% from 911,100 shares, reported previously. With 495,500 shares
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Islamic Development Bank lists $1.25 billion Sukuk on Nasdaq Dubai

Nasdaq Dubai has welcomed the listing of a $1.25 billion Sukuk by the Islamic Development Bank (IDB), Nasdaq Dubai announced on Sunday. The listing marks the ninth Sukuk by IDB on the exchange, with a total value of $11.5 billion, making the bank one of the largest Sukuk issuers on Nasdaq
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Amidst anti-corruption war, BVN, bank customers reduce across Nigeria

Despite Central Bank of Nigeria's (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017. The statistics obtained by the News Agency of Nigeria (NAN) from the
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Credit Shocker: See What Today's Low Interest Rates Really Mean for Mortgages

Interest rates are very influential in our financial lives, so it's smart to keep an eye on them. In particular, interest rates influence how much house we can afford to buy. If you think you've missed the boat in getting a great mortgage deal because rates are on the rise, think again. There's still time to snag a
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Governments should take cryptocurrencies 'very seriously', says Krypto Labs MD

Dr Al Hashemi said there should be more awareness when it comes to the digital forms of payment, which include the likes of Bitcoin and Ripple. By Lubna Hamdan. Sun 18 Mar 2018 12:41 PM. Governments cannot turn a blind eye to cryptocurrencies, according to the managing director of
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Transacting Business in the Age of Wire Fraud

Seriously though, in our offices, associates are never responsible for telling a customer where to send money; it's also in our contract. That's done only by our title company or closing agent, verbally or through secured emails, and we drum that into every associate and communicate with every customer.
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Germany Steps Up Efforts to Thwart Tariffs With Washington Talks

German Chancellor Angela Merkel is intensifying efforts to thwart a trade war with the U.S., sending a close ally to Washington for critical talks aimed at defusing a tit-for-tat on tariffs that could undermine the European country's export-driven economy. Peter Altmaier, Germany's economy minister and a
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TPG Specialty Lending Inc (NYSE:TSLX) Director Buys $183200.00 in Stock

TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) Director Richard A. Higginbotham acquired 10,000 shares of TPG Specialty Lending stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of $18.32 per share, for a total transaction of
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UAE takes pole position in MENA digital banking: report

Digitisation of core financial and banking processes in the Middle East and North Africa has gathered noticeable momentum in recent years, and can no longer be termed as a passing phase, according to a recent report. The UAE is now leading the pack regionally with an impressive 16.4 % in digital
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How “Smart Contracts” Could Transform the Entire Financial World

Automatic execution of actions that are also binding and irrevocable at the same time – a combination that made the financial world listen up. Derivatives trading, loan, and mortgage contracts and financing are potential applications that can be handled by Smart Contracts on the blockchain and that are
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Wint plugs into real estate network through Better Homes franchise

Jamaican realty company La Maison Property Services Limited has become a franchisee of an American operation called Better Homes and Gardens Real Estate LLC and has rebranded under the new name. La Maison's name change to Better Homes and Gardens Real Estate Jamaica Limited was
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Tripura CM asked for building banking infrastructure

Tripura CM asked for building banking infrastructure. Agartala, Mar 18 (UNI) Tripura Chief Minister Biplab Kumar Deb today urged the banks operating in the state to build a solid banking infrastructure to support increasing trade related activities for entrepreneurship development in 124th meeting of
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$400-million enterprise valuation: DP World and NIIF to buy Continental Warehousing

$400-million enterprise valuation: DP World and NIIF to buy Continental Warehousing

The platform that pipped PSA International of Singapore, the world's largest port operator, and Macquarie is buying 90% of the company while the Indian promoters will retain a 10% share. Private equity firms Warburg Pincus, Abraaj and IFC Washington together own 60% of the company while the
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Putin Sweeps to New Term in Russia as Tensions Spiral With West

The Kremlin's longest-serving leader since Soviet dictator Joseph Stalin got 73.9 percent to extend his presidency by six years to 2024, according to an exit poll by state-run VTsIOM. RIA Novosti reported that another poll by the state-linked Public Opinion Foundation gave 76.3 percent to Putin, who
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Dubai Land Department announces closing ceremony of Gulf Real Estate Awards 2018

The awards programme aims to stimulate innovation in the real estate sector in alignment with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and his vision of encouraging further innovation to achieve a
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Everything You Need to Know This Morning From Daybreak (Podcast)

A new edition of Bloomberg Daybreak is now available on mobile and on the terminal. Check out DAYB or everything you need to know this morning, and customize your settings so you only get news on the industries and assets you care about. To unsubscribe, click on the Alert tab in DAYB.
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Your options if you're struggling with your homeloan

Every buyer goes through a “honeymoon” period when their monthly mortgage bond repayment seems a small price to pay for the pleasures of home ownership. But the romance can sour rapidly if that instalment becomes a burden. “And the problem is not going to go away by itself,” says Rudi Botha,
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Seacoast Banking Co. of Florida (SBCF) Lowered to Sell at Zacks Investment Research

Seacoast Banking Co. of Florida logo Zacks Investment Research cut shares of Seacoast Banking Co. of Florida (NASDAQ:SBCF) from a hold rating to a sell rating in a research report released on Wednesday morning. According to Zacks, “Seacoast Banking Corp of Florida is a bank holding company.
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Housing Starts Soften

“The key to economic prosperity at this juncture of economic expansion is to produce more new homes. That will help with job creation and reduce the swift price appreciation in several markets. “A total of 1.2 million homes were constructed last year, which was vastly inadequate,” Yun said. “Last month's
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Tight Labor Market Threatens Senior Living Employee Retention

Though the stars appear to be aligning for long-term success in the senior housing industry, near-term headwinds continue to present challenges in employee hiring and retention. “The combination of a strong economy and consumer confidence and a pretty good stock market and home prices that have
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Ameriserv Financial Inc (NASDAQ:ASRV)'s Stock Is Sell After More Market Selling

The firm also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts,
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Ventura County not on track to meet state-mandated housing goals, officials say

“Given the market conditions, there are no incentives for (developers) to build right now. People are hanging on to things longer and waiting for the market to change before coming in with applications, which we don't have a lot of control over.” Sabatini added that Simi Valley's upcoming housing plans
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Foshan Lighting Shows at Frankfurt Lighting Exhibition, Old Listed Company Strives to Create an …

FRANKFURT, Germany, March 18, 2018 /PRNewswire/ — On March 18, Foshan Electrical & Lighting Company Limited (FSL) showed at the Frankfurt Light + Building Exhibition in Germany (Frankfurt … At present, they have passed the US ESV2.0, DOE, JA8, JA10, CEC Title 20 and Title 24 certifications.
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Ellington Financial (EFC) Earns Daily News Sentiment Score of 0.18

Ellington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company's targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by
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Growth of Crypto-Assets May Threaten Financial System, FSB Says

The rapid evolution of crypto-assets such as Bitcoin may one day make them a threat to the financial system, Mark Carney, chairman of the Financial Stability Board, said in a letter to Group of 20 finance leaders. “Wider use and greater interconnectedness could, if it occurred without material
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CACI Is Said to Exceed General Dynamics' Bid for CSRA, WSJ Says

CACI International Inc. has bid about $7.2 billion for information-technology company CSRA Inc., an offer designed to keep CSRA from tying up with defense giant General Dynamics Corp., the Wall Street Journal reported. CACI's offer is $44 in cash and stock for each CSRA share, exceeding the $40.75
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Laurel Wealth Advisors Inc. Takes $201000 Position in iShares US Real Estate ETF (IYR)

iShares US Real Estate ETF logo Laurel Wealth Advisors Inc. bought a new stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,490 shares of
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Column: Is the best mortgage rate the best deal?

A competitive rate is most important however the terms of the mortgage should also influence the suitability of a mortgage for you. The terms of your mortgage should offer the utmost in options as well as protection should an unforeseeable occur during the term. We are all looking for the best rate but
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Time machine: Cedar Rapids inventor pushed communication boundaries, led Fortune 500 company

This October 1944 photo shows women assembling TCS radios for the U.S. Navy at Collins Radio Co. in Cedar Rapids. Collins hired its first women production workers in February 1942 during World War II. This photo was part of a 2001 display at The History Center. (Collins Radio Co. photo) This
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Latvia vows to crack down on unscrupulous banking

Latvia has vowed to overhaul its offshore banking system and drastically reduce foreign deposits as it tries to appease US and European regulators following accusations of money laundering and breaching sanctions against North Korea. The country's finance minister and its main regulator told the
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Jared Kushner's family real estate firm routinely filed dozens of documents with New York City …

The Kushner Cos. reportedly filed false paperwork with New York City officials regarding the apartment buildings it owned. The company bought three apartment buildings in a gentrifying neighborhood of Queens in 2015. Most of the tenants were protected by special rules that prevent developers from
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'Growth of Indian art market slow but steady'

Fortune India spoke to Yamini Mehta, international head of modern and contemporary South Asian Art, Sotheby's, about the auction, and the relevance of Indian artists. Edited excerpts from the interview: Tell us about SH Raza's-Ville Provençale? It's a seminal work for Raza not just in terms of his life and
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