Fears energy efficiency ratings will cause mortgage delays

Fears energy efficiency ratings will cause mortgage delays

Kensington Mortgage sales and marketing director Craig McKinlay says: “As a lender we are making sure our brokers are aware of this change. Solicitors will now adhere to special conditions being applied to each buy-to-let case and,regardless of the number of properties held in a portfolio, they will all
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'We Swipe Left on Bullies:' Bumble Escalates Tinder Rivalry With Biting Response to Patent Lawsuit

In a dating-app-metaphor laden public note, Bumble accused Match Group of resorting to the lawsuit because their attempts to purchase and imitate Bumble had failed. The letter called the lawsuit a “baseless” attempt at intimidation, and vowed that it wouldn't work. Bumble emphasized its commitment to
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The Weinstein Company's Bankruptcy Could Mean the End of Ratings-Giant 'Project Runway'

Heidi Klum in attendance for PROJECT RUNWAY 10th Anniversary Runway Show, Times Square, New York, NY June 15, 2012. Gregorio T. Binuya—Everett Collection. By Chris Morris. 9:46 AM EDT. Project Runway is one of the most reliable shows on cable television, bringing consistent big ratings for
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Is Accentro Real Estate AG (ETR:E7S) A Financially Sound Company?

While small-cap stocks, such as Accentro Real Estate AG (XTRA:E7S) with its market cap of €237.29M, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. Assessing first and foremost the financial health is
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Banking on Deregulation Is Still a Good Bet

Ever since last year's election, investors in small and midsize banks have been eagerly anticipating some regulatory relief out of Washington. Now some are suddenly fearing they will disappointed by last-minute snags in Congress. The chances of substantial deregulation this year remain good, though.
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Fortress Global buying S2G Bio Chem to produce sweetener from pulp waste

Fortress Global Enterprises Inc. (TSX:FGE) (formerly Fortress Paper Ltd.) recently announced the planned acquisition of S2G for $2.5 million, and plans open a new demonstration plant at its Fortress Specialty Cellulose mill in Quebec to produce xylitol – a sweetener used in chewing gum and candies.
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Wall Street Is More Worried About a Trade War Than Terrorism

Trade war fears are flying high, amid reports that President Donald Trump may seek to impose tariffs against China. Chip Somodevilla—Getty Images. By Lucinda Shen. 12:40 PM EDT. As President Donald Trump prepares plans to impose tariffs against Chinese products totaling a reported $60 billion
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Royal Commission grills ANZ about loans submitted by brokers

The Australia and New Zealand Banking Group (ANZ) was in the hot seat on Monday when a top executive was grilled by the Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry. William Ranken, general manager of home loans and retail lending
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NAB discounts key homebuyer rates

Melbourne-headquartered National Australia Bank (NAB) is discounting key homebuyer rates by 142 basis points in its first rate move since last week's revelations about mortgage fraud at the Royal Commission. NAB, which has a roughly 15% share of the mortgage market, is heavily discounting
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Luxury, Subprime Lenders Join AutoGravity Platform

This partnership marks Santander Consumer's first foray into the digital lending space outside of its own proprietary direct lending platform RoadLoans.com. Where RoadLoans is a direct lending system, AutoGravity provides a digital indirect experience during a time that the lender is emphasizing
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Barings brings in Fredriksson as Finnish head of real estate

Fredriksson brings more than 10 years' experience in real estate and joins Barings from LocalTapiola Real Estate Asset Management where has worked across transactions and portfolio and investment management involving a range of asset classes. Prior to this, he spent two years at NCC Property
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Springfield coalition continues to target payday lending

Opponents of payday lenders held a gathering in Springfield yesterday to voice support for annual caps on interest rates for short-term loans. Susan Schmalzbauer, the Faith Voices of Southwest Missouri Congregational Coordinator, said a bill in the legislature would make such loans more manageable
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$3.18T in Commercial/Multifamily Mortgage Debt Outstanding in 2017

Commercial banks held the largest share of commercial/multifamily mortgages last year with $1.3 trillion, or 40 percent of the total, followed by agency and government-sponsored enterprise (GSE) portfolios and mortgage-backed securities (MBS) holding $606 billion, or 19 percent. Life insurance
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List of best personal loan lenders, unsecured loans, high approval rate

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Angel Oak hiring 30 loan officers for new operations center

Angel Oak Mortgage Solutions just opened a new operations center in Las Colinas, Texas, located in the Dallas-Fort Worth area. Las Colinas is also home to HousingWire HQ, woot! The new facility will replicate the functions of Angel Oak's headquarters in Atlanta, Georgia. Here's some more good news
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Blackstone's massive industrial buy includes nearly 2M square feet in Washington-Baltimore metro

PGIM Real Estate Finance and the New York State Teachers' Retirement System provided $1.1 billion in financing — $550 million each — to support the buy, according to a release. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment
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Fidelity to Buy Stewart Information in a Cash-Stock Deal

Fidelity National Financial, Inc . FNF has agreed to acquire Stewart Information Services Corporation STC for $1.2 billion in a cash-stock deal. The transaction is … While Stewart Information Services is a global real estate services company and has carved a niche for itself in the title insurance industry.
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LendingLife first look: Veros, Valligent partnership promises to cut costs for mortgage lenders

Veros is a leading developer of enterprise risk management services and provides collateral valuations as well as forward-looking data. As a supporter of LendingLife, Veros agreed to give us a first look at its latest partnership they say will lower costs for mortgage lenders, by taking some of the legwork
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New State Mortgage Program Requires No Down Payment

MassHousing announced a new program that would cover up to 3 percent of a down payment for cash-strapped first-time buyers. Program: WBZ News Morning. Categories: News Consumer News General Local News WBZTV. More Latest Videos. Westwood Woman Appears In Court After Six-Year-Old
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Wall Street Bitcoin Pioneer Quits Wedbush for Blockchain Startup

Wall Street Bitcoin Pioneer Quits Wedbush for Blockchain Startup

Sheri Kaiserman was Wedbush Securities Inc.'s head of equities in 2013 when she made a bold call, granting permission to publish the first Wall Street analysis of Bitcoin's value. The report didn't explicitly recommend buying the cryptocurrency, but it did say huge gains were possible — and investors
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Supreme Court Justices Cast Doubt on California Abortion-Disclosure Rules

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Mid-Market's only condo fills up, Ritz-Carlton penthouse for sale, Oakland's new housing point man …

Commercial Mortgage Alert, which first reported a deal was close last month, said 60 percent of the new financing would pay down an existing $325 million Freddie Mac loan from 2013. The deal values the buildings at around $850 million, according to CMA. Oakland's new housing point man.
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The Problem Is Facebook, Not Cambridge Analytica

Outrage over a U.K. firm's use of Facebook data for the Trump campaign should lead to a much bigger question. by. Leonid Bershidsky. @Bershidsky More stories by Leonid Bershidsky. March 19, 2018, 11:00 PM PDT. The biggest data of them all. Photographer: David Paul Morris/Bloomberg. Facebook
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Why Cryptocurrency Investors Want To Democratise Real Estate

The real estate market is one of the most highly regulated markets in the world. From strict property transfer processes to restrictions on property construction and rentals, all these can be very tasking to a prospective property owner. This makes it difficult for some people to invest in the property market.
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The World's Happiest Place Wants to Hire the Best Finance Brains

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Goldman Sachs Pumps Up Securities-Backed Lending

Keep an eye on the whole securities-backed lending business, though. It's a big deal at Bank of America, Morgan Stanley and elsewhere. Come the bear market, expect banks to make margin calls, and even force securities sales, when portfolio values dip. There's also a regulatory/ethical issue in how
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SwissRealCoin announces new stablecoin backed by real estate

Stablecoins look to combat some of the market volatility by being based on real-world value. There are various examples, many involving the US dollar, but one just launching today is the SwissRealCoin. Based on the Swiss real estate market, SRC theoretically can offer a more stable cryptocurrency for
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NetEase Presents New Real-Time Sci-Fi Strategy Title, Galactic Frontline, at GDC 2018

NetEase Presents New Real-Time Sci-Fi Strategy Title, Galactic Frontline, at GDC 2018 … NetEase, Inc. (NASDAQ: NTES) is a leading internet technology company in China dedicated to providing online services centered around content, community, communication, and commerce. NetEase develops
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Plans Announced for Gulfside Bank

The business community on the Gulf Coast got news it hasn't heard in a decade—a new bank will open in Sarasota. A charter application for Gulfside Bank has been filed with the state of Florida, and the institution plans to open in the fourth quarter of this year. Dennis Murphy will serve as the bank's
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5 SEO strategies every real estate agent should use

The real estate industry is notorious for being highly competitive among real estate agents. There are often far more real estate professionals than people looking to purchase a home. Thus, the real estate market gets very congested, and it can be difficult for agents to stand out from the competition.
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Company that leases farm land on Navajo agrees to fine

FARMINGTON, N.M. (AP) — An Idaho-based company that leases farm land on the Navajo Nation has been fined for failing to post information on pesticides and ensuring protective gear properly fits workers. The U.S. Environmental Protection Agency says Navajo Mesa Farms agreed to pay about
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Details on Tziporah's new life in Sydney

AFTER NEARLY two decades away, Tziporah Malkah — formerly Kate Fischer — has returned to Sydney with a new name and a new outlook on life. But it's been far from smooth sailing.
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What would happen to mortgage lending if interest rates doubled?

Since the start of the year, the benchmark rate has climbed almost half a percentage point and has increased for eight consecutive weeks. Concern is growing about the impact of the rising mortgage rates on the housing market, but it is important to keep today's mortgage-rate environment in perspective.
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Massachusetts Housing and Shelter Alliance Awarded $100000 Hearst Health Prize for 2018

NEW YORK & PHILADELPHIA–(BUSINESS WIRE)–Hearst Health, a division of Hearst, and the Jefferson College of Population Health, part of Jefferson University, today announced that the Massachusetts Housing and Shelter Alliance is the winner of the 2018 Hearst Health Prize for its program
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2018 40 Under 40: Jesseka Doherty, Mid-America Real Estate – Minnesota

Jesseka Doherty, vice president at Mid-America Real Estate – Minnesota, specializes in commercial real estate and has 16 years in landlord lease representation. Her current clients include JP Morgan, 601W Cos. and CORE Acquisitions. She is one of the agents involved in securing retail tenants for
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The JG Wentworth Company® Announces $201.2 Million Fixed Rate Asset Backed Securitization

The J.G. Wentworth Company® is focused on providing direct-to-consumer access to financing solutions through a variety of avenues, including: mortgage lending and refinancing, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans.
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Just how hot is Arizona's housing market?

Last year was a good year for the housing market homebuilding industry, according to data collected by Belfiore Real Estate Consulting, a residential market research firm that services all of Arizona. In fact, last year was good for Arizona's residential real estate market with boosted home sales, prices,
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Emaar and Aldar to 'unite efforts'

… in delivering high-quality master-planned communities that have not only redefined lifestyles but also created tremendous economic value for our country. “This partnership sends a powerful message that the UAE is at the forefront in shaping global real estate trends, and also signifies the unbreakable
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Facebook Flurry, Aramco IPO-No, China Tariffs: CEO Daily for March 20, 2018

For an industry as vast and complex as healthcare, the executives who spoke at Fortune's Brainstorm Health conference on Monday were surprisingly focused on the individual. I heard it in Aetna CEO Mark Bertolini's opening conversation with Fortune editor-in-chief Cliff Leaf. “People never describe
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Farm sales continue downward trend

Farm sales continue downward trend

“Therefore (they) need to lock that labour in for the forthcoming season, and hence will not sell without that labour being catered for … or alternatively just make the call and park the property up until next season if it hasn't sold.” Finishing properties are selling well, and in eastern Waikato there's a late
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Drone Company Hangs On to Win Clean-Energy Bet

Aerovironment retreated to the defense business when electric cars stalled. Now it's green again, and investors are piling in. by. Matthew A. Winkler. @Matthew_Winkler More stories by Matthew A. Winkler. March 20, 2018, 2:00 AM PDT. It's a bird … Photographer: Paul Taggart/Bloomberg. Clean earns
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Mortgage rates today, March 20, 2018, plus lock recommendations

Mortgage rates today are probably up because oil prices increased significantly. Oil prices are a big driver of mortgage and other rates, because oil is a finite resource that almost everyone wants. Increases drive up the costs of many things 00 in fact, anything that must be manufactured with machines or
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Multifamily Urban Infill Development Spreads Into the Suburbs of Indianapolis

If you happen to read or listen to Freddie Mac officials, the key economic factor driving housing demand is the labor market. In 2017, the Indiana Economic Development Corp. (IEDC) secured 293 commitments from companies across the country to locate or grow in Indiana. Collectively, this will make for
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Antifa Outs Wells Fargo Mortgage Consultant As Tiki Torch-Toting White Supremacist

Murphy was also caught on video the next day on the front lines of the Charlottesville no-class reunion with the Traditionalist Workers Party, the recently disbanded collection of trailer-park MMA fighters seeking to create their own white nation. TWP is recognized for their use of violence and their weak
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Nationwide extends new build mortgage offers by 45 days

New build mortgage offers are valid for six months at Nationwide Building Society but now a 45-day extension is available. … enhances what we offer those looking for mortgages on new build property, with the aim of speeding up the application process and further improving the customer journey.”.
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Freddie Mac Makes Underwriting Mortgages for the Self-Employed More Efficient

MCLEAN, VA–(Marketwired – Mar 20, 2018) – Freddie Mac ( OTCQB : FMCC) announced today the next stage of its initiative with LoanBeam: simplifying and automating the process for calculating income for a self-employed borrower when underwriting a mortgage through Freddie Mac's automated
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2018 Women in Real Estate and Construction Services: Linda Scainetti, Designworks LPS, LLC

2018 Women in Real Estate and Construction Services: Linda Scainetti, Designworks LPS, LLC … I'm seeing a trend towards the realization that a successful office space must be a combination of open, collaborative work spaces along with quiet rooms allowing employees to concentrate when needed.
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'Foreign funds gradually returning to Bursa'

It said foreign funds acquired RM141.2 million of Malaysian equity last week, after having disposed RM299.1 million the prior week. In his weekly fund flow report yesterday, MIDF Research analyst Adam M Rahim said foreign buying peaked on Monday at RM279.3 million net, the highest net inflow in a
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FTC Probing Facebook for Use of Personal Data, Source Says

White House spokesman Raj Shah said Tuesday that Trump “believes that Americans' privacy should be protected” and supports federal investigations into the incident. “If Congress wants to look into the matter or other agencies want to look into the matter, we welcome that,” Shah said on Fox News.
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Your Mortgage: Buying down the rate…when to do it and what to watch out for

A rising rate environment makes it pretty palatable to consider buying down interest rates. In the simplest terms, this means paying a fee to secure a lower interest rate on your mortgage. To figure out if buying down your rate is worth it, you'll need to figure out how long you expect to be living in your
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First American Ranked Among the Best Workplaces in Texas

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced today that Fortune® and Great Place to Work® have recognized First American as one of
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2018 Women in Real Estate and Construction Services: Archana Tembulkar, OTJ Architects

These trends reflect a dramatic shift in the culture of the workplace. With more people working remotely, it is critical to have collaborative areas for group meetings. In addition, work environments must focus on the wellbeing of the users. WELL building standards ergonomic workstations, communal space
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UMaine Business Challenge presented by Business Lending Solutions announces this year's …

HAMPDEN, ME (March 20, 2018) — The UMaine Business Challenge (UBC) presented by Business Lending Solutions (BLS), Maine's largest college business plan competition, has announced this year's class of finalists. The finalists of the now seven year old competition are all from Maine colleges or
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These 15 NJ real estate markets are bargains right now

The hottest markets in the Garden State right now — such as Rumson, Chatham Township or Weehawken — land far outside the budgets of most residents. The median home value in the state is about $312,000, according to data from Zillow, the real estate website. But to get a home in an up-and-coming
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Skipton International expands expat lending to Scotland

Skipton International has extended its expatriate mortgage proposition, now accepting applications for buy-to-let lending on Scottish mainland property. Previously, Skipton only offered buy-to-let mortgages to British expats wanting to invest in England or Wales. The lender said that average rental
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Should You Buy Baxter International Inc (NYSE:BAX) At $66.76?

Let's talk about the popular Baxter International Inc (NYSE:BAX). The company's shares saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $72.26 and falling to the lows of $62.56. This high level of volatility gives investors the opportunity to enter into
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Finicity Now Integrated with Ellie Mae

A broader rollout of SSV is planned later this year and will build on Fannie Mae's Day 1 Certainty initiative. Finicity is also an authorized Freddie Mac asset validation report provider, and Freddie Mac and Finicity are partnering on new methods to validate income from payroll deposit data from bank
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Current Mortgage Rates Inch Up on Tuesday

Mortgage rates are up a little today as the Federal Open Market Committee begins their two-day meeting. Rates will likely stay in a holding pattern until the Fed concludes their meeting with a written statement tomorrow at 2:00pm. Long-term rates are still expected to rise, so we're continuing to
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Term Sheet — Tuesday, March 20

Term Sheet — Tuesday, March 20

Yesterday, Tronc chairman and investor Michael Ferro announced his retirement as the publisher of titles including the Chicago Tribune, the New York Daily News, and the Baltimore Sun. A Tronc news release said he was departing after negotiating the $500 million sale of the L.A. Times. Although he
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A booming housing market has realtors in a bind

Making a living as a realtor, which has never been easy, is becoming increasingly difficult. A record numbers of them are scrambling to broker a dwindling number of available properties in a hot market as housing prices continue to rebound from recession-era lows. Membership in the National
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Together and TFC complete four day mortgage

Together and specialist distributor TFC Homeloans has completed a residential mortgage in just four working days. The customers, a couple in their 50s, had inherited a bungalow and wanted to release equity in the mortgage-free property, to share between their family members. Together's underwriters
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AmpLive Offers Tool Designed To Capture New Audiences For Events

AmpLive is an audience development platform that provides enterprise marketers with large, targeted audience lists for their live-streamed events. AmpLive is designed to distribute live content to audiences based on criteria such as company, industry, job title, interest or location, and then helps
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Atlantic | Pacific Expands in Atlanta With $36M Buy

The transaction was subject to a $24.1 million loan held by Freddie Mac, due 2025. Located at 2035 Peachtree Road, Brookwood Valley sits on a 7.2-acre parcel in an upscale neighborhood. Multiple restaurants, retailers, art galleries and museums are within walking distance. Shepherd Center and the
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New Analysis Highlights Benefits of Rent-Restricted Properties

Authored by Freddie Mac Multifamily's Research and Modeling team, the new research looks at nine representative counties across the United States and concludes that in those areas, the average LIHTC restricted rent was 38 percent lower than the average market rate rent in 2017. The paper goes on
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Is Johnson Controls International plc (NYSE:JCI) Undervalued?

Johnson Controls International plc (NYSE:JCI) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $41.43 and falling to the lows of $35.9. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially
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One Mortgage System becomes first platform to integrate with Precise

OMS, which is currently available through specialist packagers AToM and Complete FS, offers mortgage brokers a processing platform from enquiry to completion. It can now offer its users the ability to select Precise Mortgages and carry out a full decision in principle, without the need to rekey any data.
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JGR Capital Distributes a Research Note on Xinyuan Real Estate (NYSE:XIN)

New York, March 20, 2018 (GLOBE NEWSWIRE) — JGR Capital, an independent equity research firm, distributed a research note highlighting key updates on Xinyuan Real Estate (NYSE:XIN), a real estate developer and property manager that focuses on large-scale residential projects primarily in
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Tariffs Already Putting Pressure on Commercial Construction Pricing

But they are already affecting deal negotiations, bottom lines and construction pricing in commercial real estate. Some in the sector say they have seen around a 10 percent increase in the price of steel—a material whose prices have already been rising—since the tariffs were announced earlier this
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State Changes Impacting Lenders and Banks; Business Opportunities

Anyone engaging in the mortgage servicing business in Pennsylvania without applying for a license by June 30, 2018, will be considered …. Caliber Home Loans, Inc. and its National Builder Division recently achieved another top 10 ranking among lenders for home builder production in 2017,
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Stewart Information Services Corporation (STC) Moves Higher on Volume Spike for March 19

Stewart Information Services Corporation has a P/B ratio of 1.5. It also has a P/E ratio of 19.9. Stewart Information Services Corp is a title insurance and real estate service company. It is engaged in offering products and services through its direct operations, network of approved agencies and other
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Berkadia Closes $40.5M Acquisition Loan for Multifamily Community in Orlando

Mitch Sinberg, Matthew Robbins and Wesley Moczul of Berkadia originated the 10-year, Freddie Mac loan with five years of interest-only payments on behalf of the borrower, Robbins Property Associates. Colony NorthStar Inc. sold the property to Robbins for an undisclosed price. Art Avenue includes
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Real Estate in Brief: Affordable 3-D printed home makes its debut at SXSW

According to NAR, the latest bill includes “expanding Fannie Mae and Freddie Mac's use of alternative credit scoring models; holding Property Assessed Clean Energy, or PACE, loans more accountable; and improving access to manufactured housing, as well as easing credit through reduced regulatory
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Market Scan: Following Shares of Vanguard Real Estate ETF (VNQ)

Shares in health-care stocks were flat ahead of the bell on Tuesday, with Pfizer (PFE) flat, Johnson & Johnson (JNJ) flat, Abbott Laboratories (ABT) flat, Amgen (AMGN) up fractionally and Merck (MRK) unchanged. In health-care stocks news, Cardiome Pharma (CRME) gained 12% after coming off a
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Cambridge Analytica's Global Election Bombshell: Balance of Power

Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. The revelations of the apparent skulduggery that helped Donald Trump win the 2016 presidential election keep sending shock waves
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Greedy fantasists – how existing homeowners are hobbling the housing market

Across the UK, the average house Greedy fantasists – how existing homeowners are hobbling the housing market price was £226,000. But while less than in December, that was still 4.9% up on the same month last year, according to the figures released jointly by the Office for National Statistics (ONS),
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Should You Pay Points? Mortgage Discounts Demystified

Mortgage points are fees you pay to your mortgage lender at the time of closing in exchange for a reduced interest rate on your loan. The mortgage lender benefits from this transaction by receiving cash upfront instead of collecting incremental interest payments over time, while you benefit from having a
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Insider Buying: Weight Watchers International, Inc. (WTW) Director Acquires 2200 Shares of Stock

Weight Watchers International logo Weight Watchers International, Inc. (NYSE:WTW) Director Denis F. Kelly purchased 2,200 shares of the firm's stock in a transaction on Thursday, March 8th. The stock was bought at an average price of $62.43 per share, for a total transaction of $137,346.00. Following
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Trump Organization partner in India accused of cheating investors out of nearly $150M

Trump Organization partner in India accused of cheating investors out of nearly $150M

An Indian company that is partnering with the Trump Organization on an office tower project has been accused of running an elaborate real estate swindle that cheated investors out of nearly $150 million, according to complaints filed with Indian authorities. Ramesh Sanka, the former CEO of the real
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Millennial homebuyers make waves, stick near friends and family

Though Millennials may be known as tech-savvy disruptors to many, data shows they're more traditional than most think. In fact, according to the National Association of Realtors, Millennial homebuyers consider proximity to friends and family more of a factor than either Generation Xers or young Baby
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Mark Zuckerberg's fortune falls $4.9 billion after latest scandal

The social media company's market valuation fell by roughly $40 billion on Monday with Zuckerberg's personal fortune falling by $4.9 billion according to a Bloomberg report. Calls for investigations came on both sides of the Atlantic after Facebook responded to explosive reports of misuse of its data by
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Fed Enters Brave New World of Forecasting

Markets will also be hyper-focused on this year's rate forecast, which could move higher. The 2018 “dot” currently sits at 2.125 percent — signaling three rate increases from the current 1.25-1.5 percent range, and four officials had higher projections at the December meeting. If Yellen was one of those
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Why We Invest In Real Estate

Real estate is one of the oldest and most reliable forms of investment. From the first moment that someone created an ownership deed for a piece of property and then later sold it for a profit, it has held appeal for every would-be investor. Making the most of a real estate investment is heavily centered on
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Recent home projects eye Shasta County's upper-end market

Many consider the entry-level market in Shasta County to be between $200,000 and $300,000. “I don't think they have a lot of choice because the cost of land and definitely the permit fees, it's really hard to make any money building entry-level homes,” said Brad Garbutt of Vista Real Estate in Redding.
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Mozambique, Hedge Funds Set to Face Off in Debt Negotiations

The securities have made a price return — which excludes coupon payments — of almost 30 percent in the past year, the most among sovereign debt in emerging markets, according to data compiled by Bloomberg. The southeast African nation's $727 million in Eurobonds due 2023 fell for a third-day on
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Beast from the East chills mortgage approvals, say valuers

The cold weather brought by the “Beast from the East” in February also managed to cool mortgage approvals, surveyors claim. e.surv's Mortgage Monitor estimates there were 66,364 home loans approved during February, 1.25% lower than January. The figure is also down 2.6% on the same month last
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Prestige Funds' UK SME direct lending fund passes $100m in assets under management

Prestige Funds has reported that its Luxembourg-domiciled direct lending fund Commercial Finance Opportunities has passed $100m in assets under … It specialises in asset-based, direct lending and its investors include global banks, independent asset managers, insurance companies, pension funds
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KeyBank Provides $17.1M in Financing for Renovation of Affordable Housing Community in …

Victoria O'Brien and Al Beaumariage of KeyBank originated the financing, which included a $10.2 million Freddie Mac tax-exempt loan and a $6.9 million LIHTC (Low-Income Housing Tax Credit) equity investment. Formerly known as Farmington Lake Apartments, the property features 252 units across
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Trump and Prince Mohammed Look to Cut Deals, Strengthen Ties

Longtime U.S. allies like the U.K. and South Korea have seen relations fray since President Donald Trump took office, but at least one nation sees its partnership growing tighter than ever: Saudi Arabia. Saudi Crown Prince Mohammed Bin Salman will meet Trump in Washington on Tuesday at the start
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McConnell Remains Silent About Trump's Attacks on Mueller

Donald Trump has spent three days attacking Special Counsel Robert Mueller's Russia investigation, but the most senior Republican in Congress has remained noticeably silent amid growing GOP concerns the president may fire the prosecutor. Senate Majority Leader Mitch McConnell has yet to
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State Treasurer's Office working on alternative banking solutions for medical marijuana program

Justice and his staff to discuss lawful solutions to the current banking obstacles related to processing cannabis funds in our state.” Last week, the governor said in a press release that he supports medical marijuana, but he will wait on the treasurer's office to bring forward solutions related to collecting
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Enat Bank, RENEW Strategies partner for women in finance forum

Abeba has a wealth of experience in the financial sector, working for U.S-based companies including Freddie Mac, Treliant Risk Advisors, and Bank of America. The Women in Finance series is part of the Accelerating Business Growth program (ABG), supported by the Government of Canada through
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Arch vehicle aims to expand mortgage risk transfer

The new credit risk transfer programme Arch is piloting with Freddie Mac aims to broaden the market rather than cannibalise the business of existing private mortgage insurers (PMIs), according to Andrew Rippert, CEO of the carrier's global mortgage group. Shares in PMIs slumped last week following
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SBA names Newtown Savings Bank as Lender of the Quarter

The Small Business Association announced Newtown Savings Bank as its Lender of the Quarter, for the first quarter of fiscal 2018. From Oct. 1 to Dec. 31, 2017, Newtown Savings Bank had nine SBA loan approvals for the quarter, making them the fifth-most active lender in Connecticut out of 38 lenders.
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Europe Is Only Halfway To Healthier Banks

Last week, the European Commission and the European Central Bank announced new rules on how banks should treat dud loans. The good news is that the changes will help make European banks more resilient in the future. The bad news is that the euro zone banking system remains insufficiently
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Legal Services Global Market Report 2018

Financial services industry was the largest end user of legal services, which accounted for about 40.8% of the global legal services market. … services, finance, manufacturing, energy and utilities and IT) and by type of practice (including corporate, tax, real estate, labor, patent litigation and bankruptcy)
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Gun Laws vs. Gun Crimes

The U.S. has enacted almost no new federal restrictions on gun ownership in more than a decade. As a result, it largely falls to states to police the spread of firearms—or not. To gauge the impact of such laws, Fortune plotted the number of gun provisions in each state, using research by the State Firearm
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People Are Ready to Buy Some Guns in the World's Murder Capital

People Are Ready to Buy Some Guns in the World's Murder Capital

Desperate Brazilians are wondering whether they'd be better off armed, given that around 60,000 of their compatriots are killed each year. Polls show support for gun ownership gaining ground. In an election year, politicians are paying attention. Jair Bolsonaro. Photographer: Christopher Goodney/
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Fed Seen Sticking With Three 2018 Rate Hikes, May Hint at Fourth

Federal Reserve Chairman Jerome Powell and his colleagues will end up raising interest rates four times this year, but are unlikely to signal that intention at this week's policy meeting, according to economists surveyed by Bloomberg. In a poll of 41 economists conducted by Bloomberg March 13-16, the
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Fed Still Reigns Supreme Over Banks, Despite Dodd-Frank Rewrite

And bankers have been hearing good news from the Fed on CCAR: It's working to soften the impact. The Fed set up its annual exams after the crisis, apart from Congress' effort to pass Dodd-Frank in 2010, though the law also included similar, parallel stress tests. Seen as the toughest capital demand,
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Exclusive: Police Tech Startup Mark43 Raised $38 Million to Make Law Enforcement More Efficient

Police tech company Mark43 just raised fresh funding in hopes of making law enforcement less bureaucratic. Mark43, which provides a cloud-based records management system for incident logging, raised $38 million in Series C funding led by General Catalyst and Jim Breyer of Breyer Capital. Existing
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The Weinstein Company's Bankruptcy Will Nullify Accusers' Non-Disclosure Agreements

The bankruptcy of The Weinstein Company doesn't just mean Harvey Weinstein's company is entering a new chapter of its existence, with its assets and employees going to equity firm Lantern Capital Partners—it also opens the possibility that more of his victims will be able to explain what he did to
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The 24-year-old billionaire heiress to the Dell fortune explains why Silicon Valley is over

When Alexa Dell, the 24-year-old daughter of computer magnate Michael Dell, set out to launch her career in the tech industry, she had eyes for only one global innovation hub. It wasn't San Francisco. Dell grew up in Austin, Texas, where her father created Dell Computer Corporation while a student at
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Hong Kong Real Estate Is Unsinkable but Property Stocks Are Treading Water

Hong Kong's red-hot property sector isn't showing signs of cooling, but shares of local real-estate developers aren't keeping pace. Home prices in the city of 7.4 million people have nearly tripled since 2009, jumping nearly 17% last year alone, despite mortgage-tightening measures from the government
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European mobile banking startup N26 raises $160 million from Tencent, Allianz, others

Mobile banking startup N26 has raised $160 million in a series C round of funding led by Allianz Group's investment arm Allianz X and Chinese tech titan Tencent, with participation from other existing shareholders. Founded in 2013 as Number26, the Berlin-based startup rebranded as N26 two years
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Real Estate: What Do Homebuilders Know That Their Shareholders Don't?

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) for the month of March last Thursday. The data, though deteriorated ever so slightly, still showed very elevated builder confidence in the housing market. Yet, investors penalized builders' shares Thursday,
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How did Cypriots respond to the 2013 banking crisis?

Germany is adamant that the banking system in Cyprus must be shrunk to half its present size and Cyprus's two largest banks restructured as part of any rescue plan…Senior EU leaders, including Olli Rehn, the commission's economic chief, and Mr Dijsselbloem had originally expressed reservations
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Prestige Passes $100m In Committments For SME Lending Fund

Prestige Funds today announced its Commercial Finance Opportunities Fund (CFO) had passed $100m in assets. Prestige Funds Founder Craig Reeves said: “Demand for private lending strategies is picking up around the world, and the growth in CFO's assets is testament to this.” CFO is diversified
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How McDonald's Plans to Cut Its Greenhouse Gas Emissions By More Than a Third

McDonald's has announced its first targets for reducing greenhouse gas emissions, claiming it will “prevent 150 million metric tons of emissions by 2030.” That's a 36% reduction compared with the restaurant chain's 2015 emissions. McDonald's plan has been approved under the Science Based Target
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Sayonara, subway: How ridesharing apps are changing the real estate calculus for brokers and …

It's been New York City real estate 101 for as long as anyone can remember: If you want to fill your residential units quickly and turn a hefty profit, you'd better build near a subway stop with speedy access to Manhattan. But nothing lasts forever, and although subway access remains an important factor
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Making an offer on a home without seeing it first

Keith Baker, Mortgage Banking Program coordinator and faculty at North Lake College, says he's not surprised that Gen Y makes the most sight-unseen offers. “They are more comfortable with the technology that allows this new trend to exist,” says Baker. “They rely on 3-D video tours and online photos
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Securities services revenue boost for Citi

Securities services revenues at Citi increased by 8 percent in 2017, according to the bank's 2017 annual report. Excluding the impact of the prior year's divestiture of a private equity fund services business, revenues increased 12 percent. This reflects strength in all regions, driven by growth in client
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Esskay Fincorp taps Nucleus Software for cloud-based lending solution

Indian non-banking financial company (NBFC) Esskay Fincorp has selected Nucleus Software's FinnOne Neo Cloud, a cloud-based lending solution. The deployment of FinnOne Neo Cloud will support the end-to-end digitisation of Esskay Fincorp's lending business. Esskay Fincorp managing director
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Local elections 2018: what the parties say about housing

Through this investment, we can make sure that in the future new construction projects always include social housing and affordable house prices, in every neighbourhood. In addition, social housing can only be demolished on the condition that it will be replaced with new social housing comparable in
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Real Estate Pros Share Their Favorite Resource For Market Trends

Part of being successful in any field means keeping up with current trends in your industry. This is especially important for real estate professionals, who must contend with rapidly changing price points, demographics and client preferences. Sharing the latest, most up-to-date listings and statistics with
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McDonald's Tries to Boost Reputation by Cutting Greenhouse Gases

McDonald's Tries to Boost Reputation by Cutting Greenhouse Gases

McDonald's Corp., on a quest to boost sales by improving its image, is vowing to cut its greenhouse-gas emissions. The world's largest restaurant chain is adding LED lights and more efficient kitchen equipment, such as grills and fryers, in a bid to reduce emissions at its restaurants and offices by 36
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China Needs More Space Underground to Store Gas

That's about 7.8 billion cubic meters, according to Bloomberg calculations. … “China's gas storage levels are far lower than more mature gas markets like Europe, leaving China exceptionally reliant on LNG imports to manage seasonal demand swings,” Saul Kavonic, an analyst with Wood Mackenzie in
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The Secrets of One of Texas's Best Companies to Work For

My organization just published the list of the Best Workplaces in Texas with our partner, Fortune. And one of the key features at Freese and Nichols—the No. 1 Small and Medium Best Workplace in the state—and the rest of these top organizations is a commitment to employee development. At the best
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If Doug Ford wins Ontario and kills the housing tax: We'll all feel rich … until the bubble pops

Bank of Montreal's chief economist wonders why Doug Ford would risk killing Ontario's housing tax on foreign buyers. There's a debate over whether those buyers fueled the bubble in the Toronto area housing market last year. But there was a bubble, there isn't one now, and it began to deflate when
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House Russia Probe to Close Despite Revelations About Data Firm

The Republican leading the House investigation into Russian election meddling said revelations that a data firm working with Donald Trump's presidential campaign may have improperly harvested data on millions of Facebook users doesn't change his plans to shut down the probe this week. “I have no
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RegTek.Solutions bolsters core markets teams

RegTek.Solutions has made two senior sales appointments to support its growth in the core markets of North America and Europe. Based in New York, Rob McGowan has been appointed head of sales for North America. McGowan joins from SmartStream Technologies, where he served as senior vice
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Mortgage rates trend higher for Tuesday

Multiple benchmark mortgage rates rose today. The average rates on 30-year fixed and 15-year fixed mortgages both moved higher. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, receded. Mortgage rates change daily, but they have
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DNB maintains 3-4 pct lending growth target for 2018

OSLO, March 20 (Reuters) – Norwegian bank DNB maintains its guidance for 2018 lending growth of 3-4 percent, despite an increase in market rates, Chief Executive Rune Bjerke told Reuters on the sidelines of a conference on Tuesday. Norwegian and international interest rates have risen in recent
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Michael Sheen launches campaign against high-cost lenders

Michael Sheen says his End High Cost Credit Alliance will back fair finance providers and not-for-profit loan organisations. Photograph: Teri Pengilley for the Guardian. Michael Sheen has decided to scale back his acting career to devote himself to campaigning against high-interest credit providers, like
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Are Westpac Banking Corp shares in the bargain bin?

On Monday the Westpac Banking Corp (ASX: WBC) share price drifted to a 52-week low of $29.40 after events at the Royal Commission weighed heavily on the banking sector. While the banking giant's shares managed to rebound slightly on Tuesday, they are still within a whisker of that low.
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Moneygram International (MGI) Downgraded by TheStreet

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. lowered Moneygram International from a “neutral” rating to an “underweight” rating in a report on Tuesday, December 12th. Zacks Investment Research lowered Moneygram International from a “buy” rating to a
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Mixed start to year in housing market: ONS

House prices rose by 4.9 per cent year-on-year in January, although average prices were down on the month before, according to the latest data from the Office of National Statistics. Headline figures show that prices fell by 0.3 per cent from December. This gives an average property price of £225,621.
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Trump Hasn't Called to Congratulate Putin on His Reelection. But the Kremlin Says That's Fine …

Vladimir Putin isn't concerned that U.S. President Donald Trump hasn't called to congratulate him on his record victory in Russia's presidential elections, the Kremlin said. “We should not consider this an unfriendly step” and Putin remains open to normalization of relations with the U.S. where it's in
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FCA slaps hire-purchase firm with £1.7m of 'unaffordable lending' penalties

“Unaffordable lending is not acceptable in any circumstances. I am pleased that the firm has taken steps to address this and provide redress to those customers affected. PerfectHome has recently been authorised by the FCA following substantial improvements to its business practices. “This package of
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Investors Title (ITIC) Lifted to Hold at BidaskClub

Shares of Investors Title (ITIC) traded up $4.50 during mid-day trading on Friday, reaching $201.00. 10,800 shares of the company's stock traded hands, compared to its average volume of 2,576. Investors Title has a 52-week low of $126.00 and a 52-week high of $221.88. The firm has a market cap of
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Home sales drops by 40% from average of 2013-2017, says report

Residential unit sales have dropped by around 40% from the average of 2013-2014 to 2017 says Anarock Property Consultants, a real estate consultancy firm in the top 7 cities of India. Anuj Puri, Chairman – ANAROCK Property Consultants, said, “From observing residential market trends over the past
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New classrooms for six Nottinghamshire primary schools

Six more primary schools across the county will getting extra classrooms before the end of 2018 as a result of work being carried out by Nottinghamshire County Council to upgrade school accommodation for pupils and staff. The £4.5m programme includes replacing mobile classrooms, preparing for a
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Ag Lending Officer in Glendive, MT at GPAC

New Career Opportunity! GPAC has an opening for a Ag Lending Officer in Glendive, MT.
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IFC and Crédit Agricole finalise “innovative transaction” to boost emerging markets lending

IFC and Crédit Agricole finalise “innovative transaction” to boost emerging markets lending

In a statement, Stephanie von Friedeburg, the IFC's COO, calls the transaction “innovative and impactful” as it provides the bank with more capital resources to support lending in emerging markets. Olivier Belorgey, CFO at Crédit Agricole, adds that the SRT will “specifically redeploy freed-up capital
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Airbus Weighs New A330 Cargo Model, Spurred by Amazon

Airbus SE is considering building a freighter version of its slow-selling A330neo widebody, spurred by requests from potential customers Amazon.com Inc and United Parcel Service Inc., according to people familiar with the matter. The interest from Amazon and UPS could rekindle a competition between
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Mortgage due diligence provider names biz development director

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user
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Canadian housing price index falls for the 4th time in 6 months

Multiple factors including new mortgage rules and increasing interest rates made themselves felt in the Canadian housing market in February as prices declined in 7 out of 11 major cities nationwide, including Toronto. The Teranet-National Bank house price index fell by 0.1% last month. National Bank
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Bogus banking

The announcement by the Nigeria Deposit Insurance Corporation (NDIC) that it would be commencing an investigation of some Deposit Money Banks (DMBs) for their failure to submit full returns on dismissed members of staff involved in fraud cases underscores the need for the nation's banks to
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Today Is the First Day of Spring 2018. Here's All the Things You Can Get for Free

As per usual, this year's March equinox brings not only the promise of warmer weather but first day of spring freebies as well. A number of restaurants, including Dairy Queen, are once again offering special deals on Tuesday, March 20 — the official first day of spring. Here's a list of all the best first day of
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ICICI Bank, ITC among 100 stocks set to crack; steer clear!

Among the stocks that witnessed this phenomenon were IndianOil (IOC), ICICI Bank, ITC, Tata Motors, PVR, Infosys, Indiabulls Real Estate, Bharat Gears … below the signal line, it gives a bearish signal on the charts, indicating that the price of the security may experience a downward trend or vice-versa.
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Indian real estate firm partnering with Trump Organisation accused of cheating investors out of US …

An Indian company that is partnering with the Trump Organisation on an office tower project has been accused of running an elaborate real estate swindle that cheated investors out of nearly US$150 million, according to complaints filed with Indian authorities. Ramesh Sanka, the former CEO of the real
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Co-working spaces to drive repositioning of oversupplied office property sector — Savills

KUALA LUMPUR (March 20): The shifting trend of co-working spaces may help reposition the supply and demand of office space in Malaysia, according to real estate advisory firm Savills (Malaysia) Sdn Bhd. The firm's executive chairman Datuk Christopher Boyd explained this is because traditional
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NBFCs expected to expand lending base to MSME segment by 20-21%: ICRA

New Delhi, Mar 20 (KNN) With increased lending, credit flow by NFBCs to the micro, small and medium enterprises (MSMEs) is expected to grow at 12-14% in next five years, an ICRA report said. As on March 2017, credit to MSMEs stood at Rs 16 lakh crore, according to the report. According to study
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Banking royal commission: ANZ, CBA approved overdrafts no questions asked

ANZ and Commonwealth Bank gave hundreds of thousands of customers the green light for overdraft facilities despite not making reasonable inquiries about their finances. The allegations were heard on the seventh day of public hearings for the banking royal commission, when both banks made a
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Ctrip.Com International (CTRP) Shares Gap Down Following Analyst Downgrade

Com International from $55.00 to $57.00 and gave the stock a “buy” rating in a report on Monday. Wells Fargo restated a “hold” rating and set a $46.00 price objective on shares of Ctrip.Com International in a report on Thursday, March 15th. TheStreet upgraded Ctrip.Com International from a “c+” rating
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We Must End Exploitative Lending Practices And Make Credit Fair For Those Who Need it

And so, to cut a long story slightly less long, I started looking at the huge problem of household debt and, in particular, the exploitative credit lending practices targeted at those who can least afford it. The Alliance that I have founded and that is launching today is the result. Over the past 12 months I've
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One thing continues to dominate the housing market

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare companies and user
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Kristy Pieranunzi, Mortgage Loan Originator

The right mortgage officer makes all the difference. Kristy Pieranunzi is ready to help.
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Advanced Analytics to Optimize Consumer Lending

The availability of large volumes of internal, external, social media data, along with advances in analytics and the advent of machine learning have created the perfect opportunity for optimizing consumer lending decisions. Not sure how to create a plan for your own organization? Attend this webinar to
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US Plans Heavy China Tariff Hit as Soon as This Week

The Trump administration plans to impose tariffs worth as much as $60 billion on Chinese products as early as this week to punish Beijing for what the U.S. perceives as intellectual property theft from American businesses, according to two people familiar with the matter. U.S. Trade Representative
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Adelaide likely to fall short of population target

Lastly, the council would spend $1000 monitoring trends in the apartments real estate market and producing a six-monthly report on the subject to be distributed to the media and property industry. The action plan has been a long time coming, and its progress has stalled more than once. According to
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Term Sheet — Monday, March 19

AT&T and the U.S. Department of Justice will come head to head in court this week over the telecom company's $85 billion proposed purchase of Time Warner. Here's why this matters: • The merger fight has broad implications for various industries, specifically media and tech. We're going to find out how
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New analysis reveals the multi-speed nature of the UK housing market

At the other end of the scale, house prices in all local authorities in London and the South East had exceeded £100,000 by 2002, with Barking and Dagenham in London, Dover, Portsmouth, Medway, Gosport, Thanet and Hastings the last to do so. By the end of 2003, the last of the local authorities of the
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Global Sources spring 2018 trade shows to feature more than 9000 booths

Global Sources spring 2018 trade shows to feature more than 9000 booths

Tommy Wong, President of Global Sources Electronics Group, said: “Global Sources' focus on attracting emerging and high demand products to the show make it a must-attend event for international buyers. We are committed to nurturing innovation and technology growth by featuring breakthrough
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Finance Ireland mulls moving into mortgage market

Finance Ireland has said it is actively considering an entrance into the mortgage market as it reported record profits and new lending for last year. Finance Ireland's backers include the Ireland Strategic Investment Fund and to date it has been focused on the likes of motor finance and SME loans.
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Mortgage Processor

View details and apply for this mortgage processor job in Livingston (EH53) with Manpower on totaljobs. Manpower UK are recruiting for a Mortgage Processor/Case manager on behalf of our reputable Financial Services client located in Livingston who specialised in Mortgages, Insurance and self-build
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MarketInvoice hits £2bn in lending

P2p lender MarketInvoice has said it has advanced £2bn (€2.28bn) worth of invoice finance and business loans to UK companies. The first £1bn was achieved after 5 years of trading and the second £1bn took 14 months to reach, said MarketInvoice. During this time, two products were launched;
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International Day of Happiness 2018: How science says you can get happy

A 2017 study found that buying yourself more time, by employing a housecleaner or paying someone to mow the lawn for example, brings greater life satisfaction, regardless of income. A 2015 Canadian study also found that while buying possessions did bring happiness, it was spending money on
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Banking royal commission: CBA admits it failed to find system error for four years

And Commonwealth Bank has admitted to an error in its automated system, that it failed to detect for four years, which gave thousands of customers access to an overdraft facility after setting their rental expenses at zero. After more than a week of hearings dedicated to episodes of alleged misconduct by
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Mortgage Sales Assistant. at Fifth Third

Mortgage Banking at Fifth Third Bank encompasses three sales channels # Retail, Direct and Correspondent. It also includes the operations side, with three major Fulfillment Centers in Cincinnati, Ohio; Grand Rapids, Michigan; and Chicago, Illinois. We offer many different mortgage loan options, and
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California Housing Problems Are Spilling Across Its Borders

Just ask the citizens of this city, where growing numbers of Californians and companies like Tesla have migrated to take advantage of cheap land and comparatively low home prices. A four-hour drive from Silicon Valley, across a mountain range and a state line, Reno is finding that imported growth is
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World Cup, Brexit and Open Banking among top weapons for fraudsters to 'try to take advantage'

Fake World Cup tickets and dubious Brexit investments could be the weapon of choice for scammers this year alongside a radical overhaul of Britain's banking sector, warned security experts at NatWest. Open Banking was launched in January, though few British banks are yet on board, and will allow
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Xi Gives Stark Warning on Taiwan in Hands-Off Message to Trump

Chinese President Xi Jinping warned that efforts to widen divisions with Taiwan would be “punished by history” in a nationalistic speech to mark the start of his second term. In an address to China's almost 3,000-member national parliament, Xi said China had the capabilities to stop any attempt to
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S. African Tax Agency Head to Face Hearing After Suspension

South African tax agency commissioner Tom Moyane was suspended and will face disciplinary proceedings as newly elected President Cyril Ramaphosa's administration moved to restore trust in the institution. Ramaphosa has replaced Jacob Zuma appointees in the government since taking over the
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Has Margot Robbie bought this Byron Bay house?

Kim Sharpe of Queensland Sothebys International Realty, who is marketing house number 16 in the estate, said his hadn't sold, but he was aware that a couple of others were on the market. There has been frequent speculation that Hollywood stars were buying property in Byron Bay. The most recent
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Mortgage Partnership Finance Program Implements LoanScorecard Solution / THE market …

IRVINE, Calif.–The Mortgage Partnership Finance (MPF) Program of the Federal Home Loan Bank System has implemented LoanScorecard's Portfolio Produce product and pricing engine (PPE) and distribution solution. The implementation enables the MPF Program to provide its products and pricing
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Business Breakfast LIVE: Bellway profits boosted by 'robust' housing market

Newcastle housebuilder Bellway is celebrating after a “robust” housing markets allowed it to sell more homes at a higher price. Bellway saw its pre-tax profits rise soar 17% to £288.7m at the half-year. It also sold 4,741 homes, 6% more than the same period last year. And online grocer Ocado has said
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Nigeria Corruption Reaches Swiss Banking

The Swiss attorney general has blocked huge amounts of money that petroleum companies allegedly paid to politicians to get access to Nigeria's oil riches. Swiss banking may be at the center of another huge corruption scandal: Eni, the Italian energy group, and Shell reportedly have paid millions of
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Savills: Brace yourself for change in the global real estate sector

“We think the nature of real estate risks is changing at a global level because it is a big macro trend. And these trends are global trends happening in many different places but of course showing up locally in different markets. This is a symptom of a bigger change and if we can understand that global
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Finance Ireland eyes home loans

Lender Finance Ireland is “actively considering” targeting first-time buyers by entering the residential mortgage market as it sees opportunities opening up in the €7.8bn new home loans market. Billy Kane, the former Irish Permanent chief who helped set up Finance Ireland over 15 years ago, said a
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Blockchain-Based Residential Real Estate Network Democratizes Investment Barriers and Solves …

Blockchain-Based Residential Real Estate Network Democratizes Investment Barriers and Solves Mortgage Debt Conundrum. by |Published March 19, 2018 · Blockchain-Based Residential Real Estate Network Democratizes Investment Barriers and Solves Mortgage Debt Conundrum. Source:
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NAMB Association Services

NAMB Association Services, Inc. (“Association Services”) is a full-service Association and Events Management consulting firm. The company is a wholly-owned independent subsidiary of the National Association of Mortgage Brokers, Inc., aka, NAMB, the Association of Mortgage Professionals (“NAMB”).
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Tencent and Allianz lead $160m funding for German online bank N26

N26, the fast-growing German online bank and a flagship start-up in the Berlin fintech sector, has raised $160m from a group of investors led by Tencent, the Chinese internet and social media giant, and Allianz X, the insurance group's digital investment unit. The funding round marks the latest vote of
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RBI Relaxes Loan Repayment Deadline for MSMEs, Opens up Lending Limits

RBI Relaxes Loan Repayment Deadline for MSMEs, Opens up Lending Limits

India's micro, small, and medium enterprises (MSMEs) will benefit from an extension for standing loan repayments to banks and Non-Banking Finance Companies (NBFCs). The announcement, made last month by the Reserve Bank of India, the country's central bank, provides immediate relief to
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Productivity Commission to target lenders mortgage insurance

This typically involves between a $6000 to $20,000 capitalised amount being added to the cost of a loan. While some banks use LMI providers Genworth and QBE to provide insurance to their customers, others provide the function in-house. “Some have an in-house lenders mortgage insurance rate
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Mortgage growth helps The Cambrdge Building Society record £4.1million profit

The Cambridge Building Society recorded profits of £4.1million last year, up from £2.8million in 2016 – and more than double the £1.5million achieved in 2015. “It's a significant growth trend,” says finance director Peter Burrows. “It was a really good year for us. Our mortgage book has passed through the
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How Facebook Made Its Cambridge Analytica Data Crisis Even Worse

As the stock fell and criticism from lawmakers poured in from the U.S. and Britain, the company worked to make it clear that it didn't actually have enough information, on its own, to react to Saturday's news reports in a stronger way. Facebook put out another blog post, saying that Cambridge Analytica
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US-South Korea Military Drills to Test Kim's Desire for Talks

South Korean Marines during a joint military drill with US forces in April 2017. Photographer: Jung Yeon-je/AFP via Getty Images. Annual U.S.-South Korea military exercises will start on April 1, in a move that risks irking North Korea ahead of planned summits with the leaders of South Korea and the U.S..
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CACI International (CACI) Downgraded by ValuEngine

CACI International (NYSE:CACI) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Monday. CACI has been the subject of a number of other reports. Zacks Investment Research upgraded shares of CACI International from a
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Bellway profits boosted by 'robust' housing market

Bellway said the Government's Help to Buy scheme, coupled with stamp duty relief for first-time buyers, was keeping the housing market active. It also shrugged off Brexit, saying customer confidence was “seemingly unaffected by the ongoing uncertainty surrounding the forthcoming exit from the EU”.
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Tulloch Homes sees 'robust' housing market

The Tulloch board said it remain confident about its prospects, and pointed to favourable market conditions and a strong pipeline of properties awaiting construction as indicators that further growth was achievable in the year ahead. George Fraser, Tulloch Homes Group chief executive, said: “Our
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Gulf stocks little changed early Tuesday as investors await global cues

DUBAI, March 20 (Reuters) – Gulf stocks were trading in a narrow range early on Tuesday as investors paused ahead of a U.S. Federal Reserve policy meeting and amid concerns that U.S. President Donald Trump could impose additional protectionist trade measures. Oil prices edged up slightly, with
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Bellway profits boosted by `robust´ housing market

Housebuilder Bellway has cheered a double-digit rise in profits as Britain's “robust” housing market helped it sell more homes at a higher price. Pre-tax profits jumped 17% to £288.7 million for the half-year, as the number of homes sold ticked 6% higher to 4,741. Revenues were also bright, climbing
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Tucson Real Estate: Nutrition club open for business

PathogenDx Inc. leased 3,175 square feet at 1220 and 1230 E. Pennsylvania St. from Rogers Real Estate Holdings LLC. Ron Zimmerman, with Picor, represented the landlord. Headquarters Hookah LLC leased 3,000 square feet at Village on Broadway, 2900 E. Broadway, from H.L.F. Properties Inc.
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Banking royal commission: The day the time stood still in court 4A

Banking royal commission: The day the time stood still in court 4A … With Borksy sidelined for a personal reasons, and no detail forthcoming on that matter, it's been open to practitioners of the dark art of bank PR to speculate that may have been due to a personality conflict with the formidable Ms Orr.
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India's banking system is imploding—and those responsible are busy bickering

The banking regulator's month-long silence following the country's biggest bank fraud was chilling. But the March 14 speech of Urjit Patel, the governor of the Reserve Bank of India (RBI), was even more eerie than his silence. Expressing his helplessness against the likes of jewellers Nirav Modi and
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New Association of Independent Mortgage Experts offers inaugural workshop

… Mat Ishbia, president and CEO of United Wholesale Mortgage, Phil Shoemaker, COO of Caliber Home Loans, Brian Vieaux, SVP of TPO at Flagstar Bank, with discussions moderated by Clayton Collins, CEO of Housing Wire, and Laura Brandao, COO of American Financial Resources Wholesale.
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Average Aussie home hits $686700

THE value of residential real estate has hit just shy of $7 trillion, with the average Aussie home now worth $686,700, official data out today showed. The total value of Australia's 10 million residential dwellings increased $92.9 billion during the December quarter to hit $6.9 trillion, according to the
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New York Councilman Investigating Kushner Real Estate Company

A New York City councilman and a tenants' rights group said they will investigate allegations that the real estate company formerly controlled by Jared Kushner, a presidential adviser and President Donald Trump's son-in-law, falsified building permits. In allegations first uncovered by The Associated
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Finance Ireland considering entering mortgage market as profits soar

Finance Ireland, the country's largest non-bank lender in the retail market, is considering entering the mortgage market as it assesses ways to further diversify its business after its pre-tax profit soared 226 per cent last year to €8.3 million. The development comes as the company, set up in 2002 by former
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Chief executives' lending forum awards winners announced

Leasing Life has announced the award winners for its 2018 Chief Executives' Lending Forum and Awards. The events brought together senior decision makers from the British lending industry, including asset finance leaders as well as new lenders in the alternative finance market. A gala dinner brought
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Planning to buy a house? These major real estate firms are offering great discounts on Navratri …

People usually take a lot of time into considering the different options that are offered to them by the Real Estate developers. The reasons may be many, but people tend to make the purchase on an auspicious day. And with Navratri festive season going on, Real Estate biggies are offering exciting offers
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Wimmera firefighters lending a hand as south-west mops up weekend fires

WIMMERA people are lending support through firefighting and fodder provisions as south-west Victoria begins the long recovery from devastating fires at the weekend. About 40,000 hectares have been destroyed after the fires at Garvoc, Terang, Hawkesdale and Camperdown, which started on
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