Market News

Market News

Property prices can go down as well as up. Homes can be repossessed if you do not keep up with payments. Properties purchased off-plan or incomplete can be open to further risks and losses to buyers. We urge buyers to seek legal advice where possible and must stress that investing in property does
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Real estate rights and registration in Nigeria

What types of holding right over real estate are acknowledged by law in your jurisdiction? The Land Use Act (LFN Cap L5 2004) governs all existing land tenure systems subject to its limitations regarding land holding and the exercise of land rights. By making all land tenured, the act aims to enhance the
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GOP Shuts Down House Russia Probe Despite New Revelations

Republicans shut down the House Intelligence Committee's contentious Russia probe Thursday, despite new revelations that Donald Trump's 2016 presidential campaign may have benefited from the exploitation of personal information from millions of Facebook users. In a closed-door meeting, the
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UES condos may be first purchases using Bitcoin in NYC

The buyers of two Upper East Side condominiums may be the first to use Bitcoins to purchase real estate in the city. Magnum Real Estate Group's Ben Shaoul is in contract to sell two sponsor units at the rental-to-condo conversion at 389 East 89th Street to separate buyers, the New York Post reported.
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Mortgage uptake tipped to improve

The bank has already taken the lead in addressing affordability concerns by introducing low-priced Kenya shilling and dollar mortgages which allow customers access up to Sh100 million at 13 per cent annual interest rate for Kenya shilling and 6 per cent annual interest rate for dollar mortgage.
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What makes for the perfect real estate agent, broker

Forsythe and Sarbinoff are both talking about what it takes to succeed and thrive in real estate and what makes for successful agents and brokers. And that translates into who they look to hire and keep as part of their real estate teams. “Things that you cannot teach,” said Sarbinoff, who is a vice
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Direct Banking – Innovative Banking for Private Individuals!

The FINANCIAL — ProCredit Bank offers private individuals Direct Banking, a completely different banking experience that provides the full package of banking services through electronic media. Simple services, a flat fee, permanent access to banking services with Internet Banking and access to
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Nirav Modi Fraud: PNB to Beef Up Its System, Processes for Lending

A new monitoring group will be set upby Punjab National Bank to keep track of whether cash flow from projects is being used to repay bank loans and that there are no slippages, sources said, adding that a separate vertical to be created for stressed asset recovery. PTI. Updated:March 22, 2018, 10:05
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Here's what it's really like to try the real estate trend that's transforming Dallas-Fort Worth

The Wrights say that in the past they had less-than-ideal real estate experiences, where they felt people would talk down to them, or not be clear with what was happening during each stage of the sale, but they were impressed with the level of service they got from Opendoor. “Every person we spoke to
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Biggest Three Banks Gobble Up $2.4 Trillion in New Deposits Since Crisis

The three largest U.S. banks have added more than $2.4 trillion in domestic deposits over the past 10 years—a 180% increase—according to a Wall Street Journal analysis of regulatory data. That amount exceeds what the top eight banks had in such deposits combined in 2007. The outsize gain began
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Ask the Underwriter: Can personal property be included on the sales contract?

Ask the Underwriter is a regular column for HousingWire's new LendingLife newsletter, addressing real questions asked to, and answered by, professional mortgage underwriter, Dani Hernandez. Your borrower finally found the perfect house! They send you a copy of the executed sales contract and
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Top Discounted Financial Stocks in March

Five Oaks Investment Corp. focuses on investing, financing, and managing a portfolio of residential mortgage loans and mortgage-backed securities (MBS). The company was established in 2012 and with the company's market capitalisation at USD $75.31M, we can put it in the small-cap group.
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JG Wentworth Home Lending™ Inducted into 2018 Ellie Mae® Hall of Fame

CHESTERBROOK, Pa.–(BUSINESS WIRE)–The J.G. Wentworth Company® (“J.G. Wentworth” or the “Company”) today announced Ellie Mae®, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, has inducted J.G. Wentworth Home Lending
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Peru's president, son of Jewish refugee who fled Nazis, resigns over vote-buying scandal

Late last year, after he had been accused of wrongdoing in an international graft scandal involving construction contracts, Kuczynski pardoned former President Alberto Fujimori, who had been convicted of human rights violations. The pardon appeared to be part of a deal with one of Fujimori's sons,
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Subsidiary of multibillion-dollar investment firm introduces new mortgage platform

Bayview is a mortgage investment firm focused on investments in mortgage credit. It is headquartered in Coral Gables, Florida and has approximately 2,200 employees across asset management and loan servicing operations. As of December 31, 2017, Bayview had about $12.8 billion in assets under
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5 signs London is in the grip of real estate fever

The snow is melting, the days are getting longer, the air is getting warmer and as we head into April, London real estate agents brace for their busy season. And like spring itself, there are certain signs that this season is shaping up to be a busy one. ​”I hate to say it but it's almost like sellers' revenge.
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The Lending Cupboard lands new location on north end

After a dozen years at their current location, staff members and volunteers at The Lending Cupboard are thrilled with a coming move to a new location on the City's north end. The great 'Cupboard Conversion' will soon be underway at the new facility, located at 7803 – 50th Ave. on the east side of Gaetz
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Turkey Gives Its Aggressive TV Censor Control Over the Web

Turkey's parliament approved a new law on Wednesday that allows its radio and TV watchdog to vet Internet broadcasts, granting the government the ability to intervene against content by producers including Netflix Inc. The regulation will require online video streaming companies and pay-TV services
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Bitcoin hits the NYC real estate market for the first time

Yesterday, the New York Post reported that real estate developer Ben Shaoul of Magnum Real Estate Group has two units under Bitcoin contract at 389 East 89th Street. One unit is a 624-square-foot studio that was asking $875,000, and the second is a 989-square-foot one-bedroom plus den that was
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Newfi Lending launches portfolio lending program for “difficult-to-qualify” borrowers

And now, it will offer a portfolio lending program that will allow brokers to make loans for “creditworthy borrowers” that may have certain issues that make it difficult to qualify for conventional loans. “We wanted to create a loan program that combines the best of jumbo and non-traditional borrowing options
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Elbit Systems Buying Universal Avionics

Elbit Systems Buying Universal Avionics

The combination of Universal Avionics and Elbit Systems will offer more competition in the integrated flight deck arena. In a further sign of consolidation in the aerospace marketplace, Elbit Systems and Universal Avionics announced today that Elbit “is in the process of completing the acquisition of the
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Wynn Cuts Casino-Company Stake After Settlement With Ex-Wife

Steve Wynn cut his stake in the $18 billion casino company he founded after settling an acrimonious, six-year court fight with his ex-wife, a move that may move the company closer to becoming an acquisition target. Wynn, 76, sold 4.1 million shares in Wynn Resorts Ltd. at $180 a share, according to a
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Goldman's Wealth Management is Boosting Lending

Now, it is also boosting its securities-based lending offering. Through a program called GS Select, the firm aggregates other wealth managers and makes loans of between $75k to $25m to their clients, all backed by the securities held in the portfolio of the borrower. The program was just joined by LPL,
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Amazon Is Looking for Larger Whole Foods Stores to Support Delivery Plans

Less than a year after closing its acquisition of Whole Foods, Amazon.com Inc. is looking for fresh ways to expand its brick-and-mortar retail network while bolstering the online shopping business. The world's largest online retailer is searching for bigger Whole Foods locations in cities that can serve as
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Delinquent mortgage issues persist in hurricane-affected states

There was a modest decline in hurricane-related delinquent mortgages in February, a sign that there are lingering problem in the affected markets. Nationwide, the 30-day delinquency rate was 4.3%, down 21 basis points from January but up 210 basis points from February 2017, according to the Black
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Starbucks' latest concoction is a fortune-telling Frappucino

Starbucks, thirsty for some social media magic, is releasing its latest sugary concoction: the fortune-telling Crystal Ball Frappucino. see also. Starbucks may be running out of ideas. Starbucks is calling a limited-time beverage that changes colors and… The candy-sparkles festooned drink will be available
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Investors are Unsure How to React (Brief Analysis) – Crown Castle International Corp (NYSE: CCI)

U.S. stocks ended lower on Wednesday after the Federal Reserve decided to raise interest rates. The Dow Jones Industrial Average lost 44.96 points, or 0.18 percent, to 24,682.31. The S&P 500 reduced 5.01 points, or 0.18 percent, to 2,711.93. The Nasdaq Composite Index was down 19.02 points,
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Ijok land case: Company director with 'Datuk' title remanded

PUTRAJAYA: A company director with the title 'Datuk' is in remand for seven days from yesterday to facilitate investigation by the Malaysian Anti-Corruption Commission (MACC) on the sale of 880 hectares of land valued at RM1.18 billion in Ijok to several private developing companies. The order, until
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Fast-rising housing prices a problem for those with lower income — and could hurt Utah's …

(Trent Nelson | Tribune file photo) A shortage of homes for sale along the booming Wasatch Front has resulted in Utah having some of the country's fastest-rising home prices, which could end up hurting the economy because household incomes are not keeping pace, a threat to home ownership hopes
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Top of the List: Commercial Real Estate Brokerages

The full list of the largest commercial real estate brokerages in the Triad is available to subscribers only. Don't subscribe? Sign up today. In addition to the weekly print edition, our subscribers can view the entire list online. Are you on The List? Each week we bring you our popular Top 25 Lists.
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A Fairer Future for Banking?

Saturday, January 13, 2018, marked a significant milestone in building a better and more open future with data when the United Kingdom's Open Banking Standard 1 came into force—ushering in a secure set of rules, technologies and standards that allow customers to give companies other than their
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Freddie Mac March 2018 Outlook

Quote: Attributed to Len Kiefer, Deputy Chief Economist, Freddie Mac. “Overall, U.S. housing markets have been on the upswing. While housing market trends have been generally favorable, not everyone has shared equally in the gains. Existing homeowners have largely seen their properties increase
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P2P Lending Platform, i2ifunding.com, Raises Second Round of Angel Investment of About Rs 5 Cr

Leading Peer to Peer lending platform, i2iFunding.com, has raised second round of angel investment of about ₹5 crores. This investment round was led by SucSEED Venture Partners, Manish Poddar, a serial entrepreneur and investor, and a group of angel investors from globally renowned consulting
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Seritage Growth Properties and Invesco Real Estate Announce Partnership to Own The Mark 302 …

NEW YORK–(BUSINESS WIRE)–Seritage Growth Properties (NYSE:SRG) and Invesco Real Estate, a global real estate investment manager, today announced a joint venture partnership to own The Mark 302, the mixed-use redevelopment of the former Sears building in downtown Santa Monica,
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More Evidence That Home Prices Will Continue to Outpace Inflation in 2018 and 2019

In the March outlook, Freddie Mac sees mortgage rates and home values both continuing to rise throughout 2018. At the same time, construction is still shown to be rising slowly. This is all in a market in which consumer confidence is at 17-year highs and the jobs market has continued to improve.
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Mondelez International Inc (MDLZ) Position Increased by SevenBridge Financial Group LLC

Salem Investment Counselors Inc. raised its stake in shares of Mondelez International by 2.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 61,977 shares of the company's stock valued at $2,653,000 after buying an additional 1,235 shares during the period. Compagnie Lombard
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Arrears fall but 70000 borrowers still can't meet mortgage payments

The number of home owners in mortgage arrears fell in the fourth quarter of 2017 but more than 70,000 borrowers or 10 per cent of the total market are still struggling to meet repayments, new figures from the Central Bank show. The number of accounts in arrears fell to 70,488, down almost 3 per cent
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This Sustainable, Trump-Tariff-Hiked Budweiser's for You

Budweiser's owner needs to lift the brand's sinking fortunes in the U.S. Its latest move? Letting you know the beer's been made using only clean sources of power such as wind and solar. Starting next month, Anheuser-Busch InBev NV will slap a battery symbol along with the phrase “100 percent” on its
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Investor caution and stretched housing affordability will prevent Auckland housing from taking off …

Auckland's housing market may have a recent history of second winds, but ANZ NZ's economists are not expecting it to surge forth again from its current slowdown. In their latest New Zealand Property Focus report, ANZ's economists suggest households are coming to terms with what is sustainable for
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Dear Lenders: Social media is all or nothing

Investing in a social media strategy is an all or nothing play if you are in real estate or lending. It is especially important if you are in this business for legacy because brand building takes time. Either you are going to take the time to brand yourself correctly, or you are just wasting your time and,
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PTSB split-mortgage sale exposes customers to 'will of vultures'

PTSB split-mortgage sale exposes customers to 'will of vultures'

Permanent TSB's (PTSB) planned sale of €900 million of “split mortgages” will expose borrowers to the whims of overseas investment funds, as contracts underpinning such arrangements entitle the lender to terminate the accord at will, the Oireachtas finance committee heard on Thursday. As of the end
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Real estate daily market update: March 22, 2018

“Home shoppers saw a slight reprieve two weeks ago when mortgage rates edged down for the first time this year, but that reversed over the past week as mortgage rates continued their 2018 trend and moved higher, once again matching their highest levels since spring 2014,” said Aaron Terrazas,
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Watch These US Home Prices Jump, and Celebrate — or Despair

… haven't kept up with demand and many seniors are choosing to stay in their homes rather than downsize. The FHFA's index measures transactions for single-family properties financed with mortgages owned or securitized by the government-sponsored companies Fannie Mae and Freddie Mac.
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White House Rift Over Russia Deepens After Trump's Putin Call

… except for the president,” said Eugene Rumer, director of the Russia program at the Carnegie Endowment for International Peace. “He is the minority of one but he is the one that matters. Everyone else seems to be holding a very dim view of Putin, Russian policy and the prospects for the next 6 years.”
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Mortgage scheme for low earners involves 'significant risk exposure for the State' – Department of …

It argued that “as the interest rate is to be fixed over the full life of the loan, thereby limiting borrowers' exposure to interest rate rises, it is not necessary to apply the Central Bank loan-to-income regulations to the scheme”. The Department of Housing added that loans with repayments in excess of 35pc of
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The hunt for dirty money in real estate will keep going, feds say

MIAMI — The federal government says its hunt for dirty money in luxury real estate in South Florida and other high-priced housing markets is working — and the temporary initiative is being extended yet again. Since 2016, the U.S. Treasury Department has mandated that secretive shell companies
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What to know if you're considering a mortgage from an alternative lender

Since the Office of the Superintendent of Financial Institutions' mortgage stress test was implemented in January, the founder of the Mortgages of Canada brokerage has seen “a huge influx” of Canadians who fail to qualify for a bank mortgage turning to alternative lenders that range from risky loan
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Los Angeles Bucks the Trend

“I like to say that $10 million is the new $5 million,” says Paul Habibi, a professor at the Ziman Center for Real Estate at the University of California, Los Angeles. “It's like we blinked and prices at the luxury end of the market shot up dramatically.” Erin Kennelly, the executive director of research at Los
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Mortgage rates edge up even as trade war worries loom ahead

Rates for home loans ticked up as global trade concerns countered investors' belief that the Federal Reserve was likely to raise short-term interest rates. The 30-year fixed-rate mortgage averaged 4.45% during the week ending March 22, according to Freddie Mac's weekly survey, out Thursday.
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Cover Story: The evolution of the flexible workspace

By now, the flexible workspace is not a foreign concept in Malaysia. In fact, it is no longer considered a disruptor or a complementary subsector of the office market, according to Colliers' The Flexible Workspace Outlook Report 2018, Asia-Pacific. “It is a fundamental part of the commercial real estate
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Millennials tend to bust their budget on housing. Here's how to avoid that

Millennials are more likely than other generations to break their budgets on housing, according to listing site StreetEasy. Knowing how to set a realistic budget, understanding the market, researching and preparing for additional costs and figuring out what trade-offs you're willing to make can help you
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Investors Title Company (ITIC) Formed a Bullish Multiple Top Pattern, Could Be One of The Best …

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.63, from 1.67 in 2017Q2. It turned negative, as 2 investors sold Investors Title Company shares while 22 reduced holdings. 9 funds opened positions while 16 raised stakes. 786,425 shares or 0.61% less from 791,260 shares in 2017Q2 were
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Verition Fund Management LLC Buys Shares of 9855 Robert Half International Inc. (RHI)

Several other institutional investors and hedge funds have also bought and sold shares of RHI. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Robert Half International by 405.1% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,995 shares of the business
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Permanent TSB's split mortgage product may be the cause of their need to sell – TD

“This is absolute contrast to what AIB told the Committee- that their split mortgage product is deemed as 'performing' under ECB rules. It is the fault of Permanent TSB that … If you have a story or want to send a photo or video to us please contact the Donegal Now editorial team. Between 9am and 5pm
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The Billionaire Behind Bratz Dolls Has a Plan to Save Toys 'R' Us

As the liquidation sales get underway at Toys “R” Us stores across the country today, a major toy executive has stepped forward with a proposal to save the beleaguered retailer. Isaac Larian, the billionaire CEO or MGA Entertainment, maker of the Bratz line of dolls, is leading a group that has pledged
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Term Sheet — Thursday, March 22

Sequoia Capital is raising as much as $12 billion between its global growth fund and other venture capital and growth funds in the United States and China. The investment firm has set a $250 million minimum check size required for limited partners to participate in its global growth fund. Some have
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Currency Floatation To Boost Morocco's Real Estate Sector

Moroccan government's move to gradually float the Moroccan Dirham is expected to buoy the real estate market, a new report from property consultant JLL shows. Earlier this year, the Moroccan Central Bank (Bank Al-Maghrib) introduced the gradual floatation of the Moroccan Dirham- a step that was
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Inspiring ZGF Clients: Sharon Coleman, Vulcan Real Estate

During Women's History Month, ZGF is spotlighting outstanding female clients who inspire us to challenge ourselves and raise the bar for design excellence. This week, we feature Sharon Coleman of Vulcan Real Estate. In elementary school, Sharon aspired to be a nun. That may come as a surprise to
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Crédit Suisse confirms prime departures, and arrival

There have also been a number of other departures, including Jeremy Siegel, global head of prime consulting, Gardy Berthoumieux, managing director, product manager for global securities lending, Michael Wingertzahn, managing director, a member of the collateral and liquidity funding team.
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Banking regulation and supervision – you can't have one without the other

In 2014, banking supervision was transferred from national to European level. And since then, we've achieved a lot. However, we could do more, and that brings me to regulation. How European is regulation? Well, it's true, of course, that there is a single rulebook. But by and large, regulation in Europe
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Cities Are Trying to Make Housing More Affordable—by Making Some Rents More Pricey

Cities Are Trying to Make Housing More Affordable—by Making Some Rents More Pricey

But a new report from the Terner Center at U.C.–Berkeley shows that development fees—which pay not only for housing, but also for inspections, administrative services, parks, schools, and cultural amenities—here and elsewhere across California can have a significant impact on housing prices.
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Investors Title Company (ITIC) Trades at $196.67 After Triangle; Clearsign Combustion (CLIR)'s …

Investors Title Company (ITIC) formed triangle with $178.97 target or 9.00% below today's $196.67 share price. Investors Title Company (ITIC) has $370.89 million valuation. The stock increased 0.34% or $0.67 during the last trading session, reaching $196.67. About shares traded. Investors Title
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Investors Title Company (ITIC) At $196.67 Forms Top; Oncobiologics (ONS) Sellers Increased By …

Oncobiologics Inc (NASDAQ:ONS) had an increase of 24.77% in short interest. ONS's SI was 110,800 shares in March as released by FINRA. Its up 24.77% from 88,800 shares previously. With 79,800 avg volume, 1 days are for Oncobiologics Inc (NASDAQ:ONS)'s short sellers to cover ONS's short
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Average 30-year mortgage rates rose to 4.45 percent

Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 4.45 percent from 4.44 percent last week. Rates are relatively low by historical standards, but they've shot up from an average that remained below 4 percent last year. The benchmark rate averaged
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Proper Title earns Excellence in Action Award

Commercial and residential title insurance firm Proper Title, LLC has been awarded the “Excellence in Action” award by Fidelity National Title Group, Inc. This is the fourth year in a row that the Palatine, Illinois-based company has received the award, which is given to title insurance agencies that
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Target is Everywhere in Tonight's Episode of NBC's Superstore, Including the Title

In the episode, store manager Glenn (played by Mark McKinney) gets into a fight with Cloud 9's departing district manager Jeff (Michael Bunin), who says he left the company to become a manager at a nearby Target. After Jeff threatens to poach Cloud 9 employees, Glenn and coworker Garrett (played
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Sasco Capital Inc. CT Buys 101749 Shares of Johnson Controls International plc Ordinary Share …

Sasco Capital Inc. CT lifted its holdings in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,737,556 shares of the auto parts company's stock after purchasing
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Home-buying tips in a low inventory market

Even with March blizzards hammering the east coast, the spring housing market is in full swing. During the month of February, which is traditionally a slow period, houses in Northborough were only spending an average of 39 days on the market, and most sold much quicker when priced right.
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Market still favors sellers in St. Joseph/Elkhart counties

“If you have a great house in South Bend, Granger or Mishawaka, it will sell,” McKinnies said, explaining that the strength in the market isn't confined to just a few areas. … Despite the possibility of higher rates, no one seemed particularly worried that growth in the housing market could be derailed.
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Data Sheet—Scammers Want to Steal Your Uber Account

Consider this trenchant report by Erika Fry from Fortune's Brainstorm Health conference about the medical community's efforts to simultaneously share and protect patient health information. Medical data is so sensitive, says Scripps Translational Science Institute director Eric Topol, that it goes for five
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Ex-Working Title executive Liza Chasin launches 3dot Productions

Former Working Title US production president Liza Chasin has launched a venture and signed a first-look television deal with prolific US production company Anonymous Content. The deal calls for Chasin's 3dot Productions to develop and produce scripted programming for TV networks and streaming
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US mortgage rates ticked up this week; 30-year at 4.45 pct.

March 22 at 10:27 AM. Average long-term U.S. mortgage rates ticked up this week, the 10th increase in the past 11 weeks, mortgage buyer Freddie Mac said. Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Most Read.
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Mortgage Rates Hold Steady After Last Week's Drop

MCLEAN, VA–(Marketwired – Mar 22, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing little change to mortgage rates after falling for the first time in 2018 last week. News Facts. 30-year fixed-rate mortgage (FRM) averaged
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Israel real estate AI co Skyline AI raises $3m

Israeli startup Skyline AI has raised $3 million from Sequoia Capital in its seed financing round. The company has developed a real estate forecasting platform in the hope of changing the commercial real estate market from a field based on assumptions and appraisals to one based on precise
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NatWest delivers £3.5bn low-carbon lending in three years

The solar sector received the most significant amount of support (41%), followed by wind (25%) and biomass (9%), with anaerobic digestion, smart meter and energy efficiency projects making up the rest of lending provided. NatWest purchases 100% of its energy from renewable sources and last year
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The Number One Mortgage Lender in America

Real Estate and financial markets ebb-and-flow in cycles of approximately 7-10 years, that can be extremely lucrative and very tumultuous for participating entities. To endure market gyrations, including the great recession of last decade, and come out standing, is by no means a small feat. It is something
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Aggressive post-IPO expansion hikes shoe retailer Obuv Rossii's sales

Having significantly strengthened its balance sheet with IPO money, Obuv Russia is well-positioned to take maximum advantage of the highly favourable commercial real estate market and relative weakness of competitors, which have much more rigid financial constraints,” Ibragimov added.
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Freddie Mac: Mortgage rates remain steady after sudden drop

“The Federal Reserve raised interest rates [Wednesday] – a much-anticipated move that comes as both U.S. and global economic fundamentals continue to strengthen,” said Len Kiefer, Freddie Mac deputy chief economist. “The Fed's decision to raise interest rates by a quarter of a percentage point puts
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Contrasting FNF Group of Fidelity National Financial (FNF) and Its Rivals

Fidelity National Financial, Inc. (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title
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Amnesty International says Twitter doesn't respect women's human rights — and it's projecting …

Despite Twitter's efforts, Amnesty International maintains that there are still big improvements to be made. “Twitter's recent initiatives shows that it wants to be a part of this change, but women who've experienced abuse on the platform simply aren't buying it,” said Dhrodia. “Without taking further concrete
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Ijok land case: Company director with 'Datuk' title in remand

Ijok land case: Company director with 'Datuk' title in remand

PUTRAJAYA (March 22): A company director with the title “Datuk” is in remand for seven days from today to facilitate investigation by the Malaysian Anti-Corruption Commission (MACC) on the sale of 880 hectares of land valued at RM1.18 billion in Ijok to several private developing companies.
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3 US Cities to Watch in 2018

The report, “THINK US Cities: Trends and Tactics,” was written by Melissa Reagen, TH Real Estate's managing director & head of research for the Americas. Each city is, of course, very large both demographically and geographically, and each benefits from a workforce that's rich in college graduates
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Alternative credit scoring partnerships help fintech companies lend better

Financial technology companies have partnered with credit scoring companies to enable faster and more efficient lending. Online lending marketplaces Rubique and Bankbazaar said their partnerships with credit information companies Experian and CIBIL, respectively, to offer free credit reports to
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BofaML's Mookim is not comfortable with market's valuations yet; likes housing space

The demand for real estate in India is infinite. I mean we dug up data, 40 percent of Indian households live in one room homes. This is not one BHK, it is just one room home. Even the average family size is 4.5 people. So, frankly, the demand is really not an issue. The government policies are working so
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Chase rarely lends to minorities in one major US city

Across the street from the White House is the U.S. capital's only outpost of the nation's largest bank — tucked away on the ninth floor of a grey stone tower. The bank's name, JPMorgan Chase & Co., appears on the directory in the building's lobby. According to the company's website, the office features “a
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Facebook, GSK and Pfizer, Naspers and Tencent: CEO Daily for March 22, 2018

A true ”fix” to the problem could also tank the company's revenue. That's why this week's stock price swoon probably will not be the last. By the way, among those joining the #deletefacebook campaign this week was Brian Acton, who made a fortune cofounding and then selling WhatsApp to Facebook.
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3 charts that show how Quebec's red-hot housing market has dodged the effects of new mortgage …

Almost every province's housing market saw a cool start to the year, as the effects of a new mortgage stress test took their toll on sales and prices. But according to a new report, one province seems to have dodged the slowdown. “Sales of existing properties in several provinces nosedived in January
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Dap Holding wins tender to develop 1.8 billion Turkish Lira real estate project on Marmara …

Dap Holding won a tender held by Emlak Konut GYO to develop a real estate project worth 1.76 billion Turkish Liras ($451 million) on the property belonging to the Marmara University campus in the Teşvikiye neighborhood of Istanbul's Nişantaşı district, daily Hürriyet reported on March 21. The land was
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Home loans in arrears rise as mortgage stress kicks in

Australians have become accustomed to record-low interest rates in recent years, after the Reserve Bank cut official rates to “emergency” levels amid a sluggish economy. Low variable rates offered by mortgage lenders have helped fuel surging house prices in east coast cities, allowing borrowers to pay
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Paytm seeking RBI license for peer-to-peer lending: report

Paytm is reportedly trying to enter the lending space and is seeking a licence from the Reserve Bank of India (RBI) to become a peer-to-peer lending platform. The development, first reported by the Economic Times was sourced from filings made by the One97 Communications (Paytm's parent company)
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Trump Is Expected to Hit China With $50 Billion in Tariffs Today

President Donald Trump is set to announce about $50 billion of tariffs against China over intellectual-property violations on Thursday, according a person familiar with the matter. The president is considering targeting more than 100 different types of Chinese goods, according to the person, who spoke
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Real estate: With inventory low, Delaware houses flying off the market

Stigars warned, though, that the future might be daunting. She got into real estate in 2007 and saw the worst of times. “I'm afraid that we're heading toward turbulent times again where people are willing to go $5,000 to $7,000 overbidding on a property,” she said. “We just don't know what the market is,
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14 Tips For Choosing The Right Real Estate Agent For Your Property Search Or Sale

The whole process is enhanced by a good real estate agent who knows the ins and outs of the market. But with so many brokerages and agents out there to choose from, finding a perfect fit may be more of a challenge than you expected. Working with a top agent who is experienced and trustworthy can
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UK housing market remains 'flat' – with buyer and seller numbers down

The housing market remains subdued with little change in monthly house prices between January and February 2018, ranging from -0.3% from Nationwide to +0.4% from the Halifax. Enquiries from new buyers are down as are the number of new properties coming on to the market and newly agreed
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Alexandria Real Estate (ARE) Names Stephen A. Richardson and Peter M. Moglia as Co-Chief …

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced that its board of directors has appointed Stephen A. Richardson and Peter M. Moglia as co-chief
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Insurance Products; Trends in Servicing Sales; State's $0 Down Payment Offer

Phoenix Capital, Inc. (PCI) offered up a $1.25B Fannie Mae and Freddie Mac bulk servicing rights package from “a well-capitalized, experienced MSR Seller” in January. “65% FNMA A/A, 33% FHLMC Gold, 2% FHLMC ARC, 87% Fixed 30, 13% Fixed 15, 0 DQs; 0 FCs; 0 BKs, 3.680% (F30) Note Rate;
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Why is Hong Kong not protecting its people's housing rights, as Vancouver does?

Opinion is divided on the feasibility of a tax on vacant property. Whatever the verdict, the so-called cooling measures intended to rein in price increases in Hong Kong's red-hot property market divert attention away from the crux of the problem, which is that, in Hong Kong, real estate developers are the
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Meredith Looks to Sell Off Time, Sports Illustrated, Fortune and Money

The announcement, which was not entirely unexpected, comes after a portfolio review determined that Time, Sports Illustrated, Fortune and Money were not a natural fit with the Des Moines-based media company's existing stable of brands, which leans more heavily toward lifestyle and entertainment.
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Bidders urged to check borrowing level before big auction weekend

Mortgage broker James Algar, of Mortgage Choice northern beaches, said just in the last month banks have reigned in their discretionary lending and are sticking firmly to their lending rules. In addition anything priced over $1 million will need a full inspection rather than just a desktop valuation, he said.
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Calgary's luxury home market poised to grow faster than Toronto, Vancouver

The luxury real estate brand said job gains and provincial GDP growth are also likely helping. Local realtor Doug Hayden of eXp Realty said while sales may be down overall in Calgary, and especially in some housing sectors like the condo market, luxury homes have bounced back since the downturn.
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Dept of Finance warned against Govt-backed first-time buyer scheme

Dept of Finance warned against Govt-backed first-time buyer scheme

“The scheme doesn't deal with the real problem which is the lack of affordable homes, and it also highlights concerns in terms of possible mortgage distress and financial risk to the State.” The two finance departments also said they believed the Rebuilding Ireland Home Loan would be subject to the
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Banking royal commission: CBA peppered problem gambler with credit offers

Commonwealth Bank gave a roofer making $70,000 a year credit cards and increased his credit limit to $35,000 despite knowing he was a gambling addict, the Hayne royal commission heard on Thursday. On the second last day of scheduled hearings focusing on the subject of consumer credit, the
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Bitcoin Falls on Fears of Regulatory Trouble for Big Crypto Exchange

Japan, one of the most active markets for digital assets globally, introduced a licensing system for virtual currency exchanges last year in an effort to improve oversight. Binance told Bloomberg News in January that it was working to acquire a license in Japan. The exchange is “engaged in constructive
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School custodians say they're tired of buying own supplies, ask CPS for help

Custodians are “the invisible workers” whose job often is overlooked, said Tom Balanoff, president of Local 1 of the Service Employees International Union, which represents them. “We need the proper equipment,” Balanoff said. “We need the right mops and brooms and cleaning fluids. We also need
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Equity Bank to Fully Digitize Lending Services by Mid 2018 with Key Focus on AI

At the event that was steered by the Group's CEO Dr. James Mwangi, it emerged that the bank is working hard to transition its services to a digital platform in an effort to streamline its business. This development was echoed by the fact that 96% of the institution's transactions were made outside branches.
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Banking Royal Commission: CBA urged problem gambler to lift his credit card limit

“That information was not in any way passed through” to CBA's credit area, the head of the bank's executive general manager of retail products, Clive Van Horen, told the commission. An emotional Mr Harris told the commission he is now on a hardship plan with the bank, which he still owes $23,400.
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NatWest smashes green energy lending target with £3.5bn funding boost

NatWest has provided £3.5bn of lending to UK renewables and energy efficiency projects over the past three years, surpassing its own funding targets by as much as £500m, the bank announced yesterday. The company, which had set a three year green energy funding target of £3bn in 2015, has now
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Meredith Plans 1200 Layoffs & Will Sell Time, Sports Illustrated, Fortune And Money

Time, Sports Illustrated, Fortune and Money are all going on the block, as had been rumored, a move that follows the sale of Time Inc. UK and Golf. That leaves People and Entertainment Weekly as prominent titles staying in the fold at Des Moines, Iowa-based Meredith, whose portfolio includes
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Newfi Lending Launches Portfolio Lending Program

EMERYVILLE, Calif., March 22, 2018 /PRNewswire/ — Newfi Lending, a technology-enabled residential mortgage lender and portfolio company of Warburg Pincus, today announced that it has launched Sequoia Porfolio Plus, a new proprietary loan program designed to provide exceptional flexibility for
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AutoCanada buys Chicago dealership group

… buy nine of the 10 stores in the Grossinger Auto Group of Chicago establishing its presence in the lucrative U.S. auto retail market. The deal, which is scheduled to close April 9, will add $400 million (U.S.) in annual revenue to AutoCanada and is one of the largest acquisitions by an international buyer
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Few retired people expect to pay off their mortgages, survey finds

Burning the mortgage deed in celebration of owning your home free and clear, once a ritual for most older Americans on their way to retirement, has become less common. A recent “Retirement and Mortgages” survey by American Financing, a national mortgage banker, found 44 percent of Americans
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Commonwealth Bank offered credit card increases to problem gambler

The Commonwealth Bank has admitted to offering repeated credit card limit increases to a customer who was begging them to stop because he had a gambling addiction and a $30,000 debt. Michael Harris, a qualified roof tiler, broke down in tears on Thursday at the financial services royal commission
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Axis Bank's corporate banking head Sidharth Rath, deputy managing director V Srinivasan resign

Axis Bank's corporate banking head and deputy managing director have resigned, the Mint reported. The officials who resigned – though not confirmed by the Axis Bank as yet – are: Corporate Banking Head Sidharth Rath and Deputy Managing Director V Srinivasan. Sidharth Rath joined the Axis Bank
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Active Vs. Passive: Which Is the Superior Real Estate Investment Strategy?

When the average person thinks of real estate investing, they might imagine the likes of Donald Trump or some other billionaire who develops massive commercial properties, or an HGTV fix-and-flipper who turns a profit by converting a run-down property into someone's dream home. With this mental
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Hong Kong's monetary authority raises lending rate to 2 per cent to defend peg, raise mortgages

The Hong Kong Monetary Authority yesterday raised the city's base lending rate, in lockstep with a similar increase by the US Federal Reserve to defend the local currency's peg and add upwards pressure to mortgage payments linked to interbank rates. The base lending rate rose by 25 basis points to 2
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Banking royal commission: car buyer given bank loan for a 'lemon'

Bank of Melbourne's parent, big four bank Westpac, now admits the loan should never have been made. “We never should have made this loan, that's correct,” Westpac's general manager of specialist finance, Phillip Godkin told the commission. He admitted the bank did nothing to verify the information
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Fidelity to buy insurer Stewart Information for $1.2 billion

N) said on Monday it would buy insurer Stewart Information Services Corp (STC.N) in a $1.2 billion deal to … Houston-based Stewart Information's main title insurance business guarantees property owners have title to their property and can legally transfer it in the event of a sale. The insurer was the
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Is It Too Late To Buy D'Amico International Shipping SA. (BIT:DIS)?

D'Amico International Shipping SA. (BIT:DIS), an energy company based in Luxembourg, saw significant share price volatility over the past couple of months on the BIT, rising to the highs of €0.27 and falling to the lows of €0.22. This high level of volatility gives investors the opportunity to enter into the
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Dynex Capital (NYSE:DX) and Blackstone Mortgage Trust (BXMT) Critical Survey

Blackstone Mortgage Trust (NYSE: BXMT) and Dynex Capital (NYSE:DX) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, institutional ownership, profitability, valuation, analyst recommendations, risk and
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One of Europe's Biggest Funds Is Betting on the Dollar

U.S. fiscal expansion and increasing interest-rate differentials are reasons to favor the dollar, while flattening yield curves elsewhere could help weaken currencies such as the euro, according to Brzezniak. Since a peak in early January 2017, the Bloomberg Dollar Spot Index, a trade-weighted measure,
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Home sales, and prices, continue to climb in Northwest Indiana

Home sales, and prices, continue to climb in Northwest Indiana

Housing inventory for sale of 1.59 million, 8.1 percent below a year ago. • According to Freddie Mac, an average commitment rate for a 30-year, conventional, fixed rate mortgage of 4.33 percent, the highest since April 2014. • Properties were typically on the market for 37 days, down from 45 a year ago.
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Can Fannie and Freddie Provide a Jolt to Buyers Desperate for Affordable Housing?

Freddie Mac calls them “a critical source of affordable housing.” Indeed, they make up a good portion of the occupied homes in some of the poorest parts of the country, accounting for more than 20% in middle Appalachia and 17% in the Lower Mississippi Delta. That may help to explain why sales are on
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Geode Capital Management LLC Buys 3549 Shares of Lennox International Inc. (NYSE:LII)

Geode Capital Management LLC owned 0.72% of Lennox International worth $62,605,000 at the end of the most recent quarter. A number of other large investors have also recently modified their holdings of LII. Canada Pension Plan Investment Board bought a new position in Lennox International
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Congress Rushes Toward Spending Vote to Prevent Shutdown

Congressional leaders released a $1.3 trillion government spending plan for the rest of the fiscal year and asked lawmakers to begin voting on it with only hours to read and analyze the 2,232-page text. The measure is wide-ranging, with funds for fencing on the U.S.-Mexico border, combating opioid
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Crest Nicholson boosted by strong housing market

Crest Nicholson boosted by strong housing market. Government programmes such as Help to Buy have helped the Surrey-headquartered housebuilder report yet another year of strong house sales. Housebuilder Crest Nicholson has reported another year of strong growth boosted by rising levels of
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Edinburgh's property market tops growth in UK

Edinburgh's residential property market saw higher levels of growth than any other UK city last year, a report has claimed. The average house price in Scotland's capital increased by 10.2 per cent in December 2017 compared to the same time the previous year, while the value of the housing stock
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Sodastream International (SODA) Sets New 52-Week High at $94.71

Several equities analysts recently commented on SODA shares. ValuEngine cut shares of Sodastream International from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. BidaskClub upgraded shares of Sodastream International from a “buy” rating to a “strong-buy” rating in a
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Insider Buying: International Seaways (INSW) Major Shareholder Buys $6556164.86 in Stock

International Seaways logo International Seaways (NYSE:INSW) major shareholder Paulson & Co. Inc. bought 357,479 shares of the firm's stock in a transaction dated Thursday, March 15th. The stock was bought at an average cost of $18.34 per share, with a total value of $6,556,164.86. The acquisition
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Best companies to work for in Texas, according to Fortune

If you're in the market for a new job in Texas, Fortune has you covered. The website released its list of best companies to work for in Texas, including what it considers “big companies” that employ thousands of people. Transportation, health care and information technology are some of the fields that
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Clarus Wealth Advisors Buys Shares of 1936 Philip Morris International Inc. (PM)

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PM. RiverPoint Capital Management LLC grew its stake in Philip Morris International by 1.6% during the 2nd quarter. RiverPoint Capital Management LLC now owns 12,826 shares of the company's
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Why America Is So Scared of China's Biggest Tech Company

Huawei Technologies Co. is China's biggest tech company by revenue, with sales 60 percent greater than those of the runner-up, JD.com Inc. Huawei is one of the world's biggest producers of telecommunications networking equipment, despite a de facto ban that prevents America's four principal
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It'll Cost Billions for Companies to Comply With Europe's New Data Law

With revelations that the political advertising company Cambridge Analytica mined millions of Facebook accounts without users' consent, Facebook Inc. may be subject to a British investigation that could lead to fines as high as £500,000 ($700,000). While the company also faces potential U.S. sanctions
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These were the top outer borough real estate loans in February

While January saw two loans for $300 million or more and the overall top 10 financings of the month had a value of more than $1.3 billion, no loan topped $250 million in February, and the top 10 financings totaled $1.1 billion. The largest deal of the month was $246 million loan from New York
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Charity calls for greater protection of home loan customers

Citizens Advice is urging the Financial Conduct Authority (FCA) to extend the rules that cover payday loans to the doorstep lending market to help save consumers £123m in interest payments on up to 540,000 loans each year. More than 1.6 million people use home credit loans in the UK, making it one
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Fortune Waters (Music for Weight Loss)

Check out Fortune Waters (Music for Weight Loss) by Pure Massage Music & Kundalini on Amazon Music. Stream ad-free or purchase CD's and MP3s now on Amazon.com.
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Experian expands lenders' visibility and improves credit access for responsible borrowers

COSTA MESA, Calif., March 19, 2018 /PRNewswire/ — Businesses of all types and sizes strive to make smarter credit lending decisions. As the leader in alternative credit data, Experian® — through its acquisition of Clarity Services — now has increased visibility on more than 62 million consumers who
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How much? Tompkins County real estate transactions

… and so has the technology. From 3D home mapping to live periscopes, real estate agents are changing the way people search for their next home. … Estate of Edith Clark Luce sold 306 West Dryden Road to Cindella Marie Palmer Trust 2017 for $155,000 on January 10. Enfield. Gregory F. Firman
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$2.4 Trillion Manager Says South Africa's Brazil Moment Is Here

A corruption scandal that led to a political transition and economic reforms was the recipe for a rally in Brazilian assets, and South Africa is at a similar turning point. Michael Bolliger, the head of emerging-market asset allocation at UBS Wealth Management, says South Africa's new leader and the
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Open Banking and data protection: Friends or foes?

With PSD2 key to the vision of open banking by allowing the easy sharing of customer transaction and account data with third-party providers, one could take heart from the common aims of the two regulations – putting data subjects (in this case, the account holder) in control of their own data and
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Enforce stricter rules on doorstep lenders, urges Citizens Advice

It wants the rules which cover payday lenders to be extended to doorstep lending to prevent vulnerable consumers from getting into serious debt. This would mean a limit would be placed on the number of times a loan could be refinanced and that the total repayment would never be more than twice the
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Mortgage applications drop as refinances hit 10-year low

Mortgage applications drop as refinances hit 10-year low

There was a drop in new mortgage applications last week as refinance loans outpaced growth for purchase loans. The Mortgage Bankers Association's Market Composite Index was down overall by 1.1% on a seasonally-adjusted basis (1% unadjusted). The refinance index was down 5% from the
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Book preview: Inman's 360-degree view on real estate leadership

The following is the introduction to Inman's book titled “Leadership: How Real Estate Leaders Can Act Decisively to Change the Industry,” a compilation of articles and Q&As published throughout our first-ever Leadership Week. A limited edition of the book will be given to the nearly 200 attendees
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Chase rarely lends to people of color in DC – and it's probably legal

Reveal's analysis of Chase's lending shows the bank made a much smaller percentage of loans in low- and moderate-income census tracts in the Washington area than the industry as a whole. Chase made 8 percent of its loans in those kinds of neighborhoods – where banks normally are required to
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Chase rarely lends to DC minorities _ and it's likely legal

So, in Washington, Chase doesn't have to abide by the Community Reinvestment Act — a 1977 law designed to reverse the legacy of redlining, or racial discrimination in lending. The law requires banks to lend in low- and moderate-income areas only if they have a branch in the area that takes deposits.
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As Investors Title Co (ITIC) Stock Price Rose, Holder Biglari Capital Has Decreased Its Position; As …

Heronetta Management Lp increased its stake in Mplx Lp (MPLX) by 6.65% based on its latest 2017Q3 regulatory filing with the SEC. Heronetta Management Lp bought 16,400 shares as the company's stock declined 7.56% while stock markets rallied. The institutional investor held 262,837 shares of the
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Trump-China Trade War Sends Jitters Through US Futures

A jittery overnight session for U.S. stock futures again turned volatile just before dawn in New York, as investors braced for an announcement from President Donald Trump that could levy tariffs on more than 100 types of Chinese goods. Futures on the S&P 500 Index fell as much as 0.8 percent to a
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'I Expect to Remain CEO for the Foreseeable Future' Says Elon Musk After a Colossal …

Here's what Tesla Inc. shareholders just bought for $2.6 billion: a stronger guarantee that Elon Musk will stick around for at least the next decade. Investors on Wednesday approved what may be the largest compensation deal in history for its chief executive officer, pegged on ambitions to turn Tesla into
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Turkey Media Baron to Sell After Long Battle With Erdogan

… Dogan Gazetecilik AS, which owns best-selling tabloid daily Posta and sports daily Fanatik, news broadcaster CNN-Turk and entertainment channel Kanal D, according to a statement to the stock exchange by Dogan Holding. Pay TV platform D-Smart, Dogan News Agency and newspaper distribution
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BRIEFING Real estate borrowers are awash with financing options

In the UK, for example, 'non-bank lenders have taken a 25% share of origination, and this provides a lot of additional stability to the market,' said Christoph Wagner, director of debt strategies, origination & structuring, TH Real Estate. 'There is a place for every type of lender in this market,' said Assem El
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Martin Lewis: Mortgage WARNING – if you don't sign this form, you could miss out on £1000s

He said on Good Morning Britain: “Warning – do you receive support for your mortgage interest payments? Act now or they'll be stopped.” “Support for Mortgage Interest (SMI) is paid to around 124,000 households on certain benefits to cover their mortgage interest. On 6 April it will stop being a benefit
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Chase rarely lends to DC minorities — and it's likely legal

The bank's name, JPMorgan Chase & Co., appears on the directory in the building's lobby. According tothe company's website , the office features “a team of dedicated specialists” who offer a “comprehensive range of financing choices, including mortgages and lines of credit.” But the office is not open to
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Cryptocurrency Exchange Binance Is Said to Face Warning in Japan

Governments around the world have been stepping up scrutiny of cryptocurrency exchanges in recent months amid concerns ranging from money laundering to tax evasion to fraud. Japan, one of the most active markets for cryptocurrencies globally, introduced a licensing system for the venues last year.
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Keeping PACE with Clean Energy Finance Laws

In addition, the PACE assessments created a new category of essentially mandatory advances for mortgage lenders, on par with delinquent property taxes. In a declining real estate market, these advances could potentially become losses, and make reinstatement less likely for the borrower. The fact that
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Banking royal commission opening shows gap between intent and action

To say the first week of hearings at the banking royal commission have been revealing is an understatement. However for me, most revealing has not been the evidence per se, but the way the witnesses have acquitted themselves. Whether by design or accident, having Karen Cox from the Financial
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TGA announces Franklin American Mortgage as title sponsor for state open

The 70th renewal of the Tennessee Golf Association's State Open championship promises to be the best one yet, and the TGA is excited to welcome a new title sponsor for the event. Franklin American Mortgage Company has announced a partnership to present this year's tournament, the Franklin
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Goldman Sachs Expands Online Lending Program to LPL Clients

Advisors with LPL Financial can now access GS Select, the online lending program of Goldman Sachs Private Bank, for their high-net-worth clients. Those clients can borrow between $75,000 and $25 million against the value of their accounts for multiple purposes except purchasing marketable
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2018 Women in Real Estate and Construction Services: Kathy Pasquale, JRS Architect, PC

What professional organizations or associations are you a member of? CoreNet Global, Long Island Business Development Council, CIBS. What trends are you seeing so far this year in your field? JRS sees design playing a huge role and the ultimate goal is to design spaces that help make them more
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Mark Zuckerberg's fortune falls $3.8b over Facebook data exploitation

Mark Zuckerberg's fortune dropped $3.8 billion Monday as investors weighed reports that a political advertising firm retained information on millions of Facebook Inc. users without their consent. The world's biggest social network said Friday that Cambridge Analytica, the advertising-data firm that helped
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BM Solutions launches online mortgage portal

Phil Rickards, head of BM Solutions, said: “Following a successful pilot we're rolling out our new mortgage portal to all of our brokers. “We've listened to their feedback and the new system demonstrates our ongoing commitment to the intermediary market and our desire to continue to enhance the
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Digital CX Now The Ultimate Factor In The Fate of Banking Brands

Banks and credit unions used to think that “service” is what differentiated one financial brand from another. But now, the digital experience is paramount when it comes to separating the winners from losers in the banking industry. By Lisa Joyce, Senior Staff Writer for The Financial Brand. Subscribe to
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Sub-prime lender Amigo in talks to launch here

Sub-prime lender Amigo in talks to launch here

The sub-prime lender offers loans of up to £10,000 (€11,334) in the UK with a typical interest rate of 49.9pc. It targets borrowers with poor credit ratings. They require a guarantor to secure the debt. “Your loan can be for any responsible purpose, ranging from a car to home improvements, and anything in
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TrickBot Banking Trojan Gets Screenlocker Component

The most recent version of the TrickBot banking trojan now includes a screenlocker component, suggesting the malware's operators might soon start holding victims for ransom if infected targets don't appear to be e-banking users. The good news is that the screenlocker mechanism is not fully functional
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Irish investors put €207m into global real estate in 2017

The report shows Asian investors were the major driving force behind the record levels of global real estate investment in 2017, with money from the … The Global Atlas shows that In terms of sector trends, the industrial segment underwent the strongest growth, with a 43pc growth in volumes, thanks to
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[BC-MCT-BUSINESS-BJT]

^REAL-REALESTATE-QA:FL—<We are purchasing a new home and they want us to pay for title insurance. I do not understand why we need this Do they not have clear title to the land upon which they are building? We are only purchasing one of the many offered. If this is an absolute necessity, can it
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Are The Charts Bullish Or Bearish on Freddie Mac (FMCC) Shares?

Shares of Freddie Mac (FMCC) touched a high of 1.6000 and dipped down to a low of 1.5600 before settling at 1.5650 in the most recent session. The stock has experienced bearish momentum as it's ATR or Average True Range has dipped consistently over the past 10 sessions. Technical traders may
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Research reveals the cheapest areas to live for mortgage borrowers

The average UK homeowner spends less than a third of their monthly income on mortgage repayments, according to new research. Data from Halifax reveals that mortgages in the UK are at their most affordable level in over a decade, with homeowners spending 29% of their disposable income on
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Timeline Considerations If Fannie And Freddie Are Recapitalized

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are the only two profitable Fortune 50 companies in conservatorship where their profits flow directly to their conservator's sister agency US Treasury. The agreement that governs the flow of profit is the Senior Preferred Securities Purchase
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Santander Bank

Read reviews, compare customer ratings, see screenshots, and learn more about Santander Bank US. Download Santander Bank US and enjoy it on your iPhone, iPad, and iPod touch.
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Options limited for first-time home buyers

“The Capital Region's real estate market is experiencing all three of these national market trends,” said Susan Sommers, president of the Greater Capital Association of Realtors. “It makes sense if … Mortgage rates also continued to rice in February and may affect the affordability of homes on the market.
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Bank accounts could disappear within 15 years according to one of Deutsche Bank's most senior …

LONDON — Marcus Schenck, one of the most senior executives at Deutsche Bank, believes that bank accounts as we know them now could disappear in as little as five years. Schenck, who is co-head of corporate and investment banking at the German lender, told Bloomberg's European Capital
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Update on the latest in business:

BANGKOK (AP) — Shares were mixed in Asia today after U.S. stock indexes finished with small losses following the Federal Reserve's interest rate hike. Japan's Nikkei 225 index gained 1.0 percent while the Kospi in South Korea added 0.4 percent. Hong Kong's Hang Seng dropped 0.2 percent and the
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Zuckerberg Vows to Alert All Whose Data May've Been Exposed

Facebook Inc.'s Mark Zuckerberg, breaking a media silence on the latest consumer imbroglio to engulf the social media company, vowed to inform each of his two billion-plus users if there's a chance their personal data was compromised. In an interview with CNN, the billionaire chief executive officer
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North Korea's pampered leader Kim Jong-un spends fortune on diamonds, wine and make-up

KIM Jong-un has imported hundreds of thousands of pounds worth of diamonds and wine into his impoverished nation, a bombshell report claims. Despite many of its citizens living in abject poverty, Kim is reported to have brought in £355,000 of diamonds into North Korea from India between January
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Hunt Mortgage Group Finances the Acquisition of a Multifamily Property Located in Ann Arbor …

It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $13.4 billion. Headquartered in New York City, Hunt Mortgage Group has 232
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David Prouty Has Been Recognized Among the Top in His Industry by Noticed©

With over 20 years dedicated to real estate, Prouty brings a wealth of knowledge to his industry, and, in particular, to his area of expertise, the real estate market of the Twin Cities area. When asked why he decided to pursue a career in real estate, Prouty said: “My dad was a real estate agent, and my
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UPDATE 1-Kenya central bank cuts main lending rate to 9.5 pct

NAIROBI, March 19 (Reuters) – Kenya's central bank cut its benchmark lending rate by 50 basis points to 9.5 percent on Monday, the bank's monetary policy committee said, the first cut since September 2016. Seven out of 11 analysts polled by Reuters expected the committee to hold the rates.
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Wheeler Real Estate (WHLR) Shares in Focus as They Run -15.74% Lower For the Week

Investors may be tracking certain levels on shares of Wheeler Real Estate (WHLR). The current 50-day Moving Average is 5.86, the 200-day Moving Average is 9.09, and the 7-day is noted at 3.91. Moving averages can help spot trends and price reversals. They may also be used to help find support or
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Security not an issue when buying a citizenship: All about the money

Citizenships are for sale, this is no longer an open secret but a sad reality in almost every country. The Invest Caribbean Summit 2018 will be hosted by economic citizenship pioneers, St Kitts and Nevis, under the theme “Unity in the Age of Division, Emerging Trends of CIPs in an Uncertain World”,
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5 Looming Questions as the AT&T-Time Warner Trial Begins

After a year-and-a-half of bickering over the proposed Time Warner merger, AT&T and the government will finally have their day in court this week. It's a landmark case that has captured the attentions of both investors and legal scholars. AT&T insists the two companies don't compete directly, which
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Goldman Sachs Expects Tesla to Miss Model 3 Targets Again

Tesla's financial health hinges on its ability to produce and deliver large numbers of its mass-market Model 3 electric vehicle—a mission that it's so far failed to complete thanks to bottlenecks in production. Goldman Sachs analysts apparently don't see a change in course and in a research note released
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China Is Said to Appoint Guo as Top Bank, Insurance Regulator

China Is Said to Appoint Guo as Top Bank, Insurance Regulator

China appointed Guo Shuqing as the nation's top regulator overseeing its $43 trillion banking and insurance industries, said a person familiar with the matter, filling a key role in President Xi Jinping's campaign to curb risks in the financial sector. Guo, who has helmed the China Banking Regulatory
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China names financial heavyweight Guo to head new banking, insurance regulator

Beijing has merged the China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC) to resolve problems such as unclear responsibilities and cross-regulation as the government beefs up oversight of financial services to reduce risks in the banking system.
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Erie ranks among healthiest housing markets

“We are measuring sustainable housing market trends, (communities) with strong sustainable trends,” said Ben Ayers, senior economist for Nationwide. Erie has never been known as a flashy housing market. But that suits the Nationwide criteria just fine. And in this case, Ayers said, that means more
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A turning point in the banking industry?

APRA has given approval for ING Bank (Australia), the local subsidiary of the multinational Dutch bank, to use its own internal models to calculate regulatory capital. In plain-speak, ING is now subject to less onerous regulation. And more importantly, it's on a more level footing with the major banks – ANZ
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NZ: Housing market enters 2018 on a firmer footing – ANZ

And now that the Auckland market has cooled, the rest of the country is playing 'catch up'. While there are reasons to expect Auckland house prices to rise faster than elsewhere on average over time, a large and unsustainable divide was created by Auckland's recent astronomical rise.” “Going forward
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China central bank names CBRC's Guo as head of new banking, insurance regulator

BEIJING, March 22 (Reuters) – The official publication of China's central bank said on Thursday that Guo Shuqing has been appointed head of the new regulator for the banking and insurance sectors, as the world's No. 2 economy beefs up oversight of financial services. Guo had been the head of the
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Sharjah property market to gain pace ahead of Expo 2020

Speaking on the first day of Real Estate Investment Exhibition at Sharjah Expo on Wednesday, Jamal said: “We see a lot of demand from investors and residents who are switching to owning a property by putting the down payment on their dream homes, rather than continuing paying the rental.”.
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Nuts. China Is Hoarding Unicorns and Breeding Squirrels

At the Bloomberg Ideas conference in San Francisco this week, I had the honor of sitting on a vibrant panel to discuss if capital markets in the U.S. support … Alibaba Group Holding Ltd. and JD.com Inc. will be among the first to issue CDRs, Caixin reported earlier this week, citing unidentified people
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Credit Suisse Brazil: Following through the upswing

International investors will also keep money coming to Brazil. Foreign direct investment used to cover Brazil's 4%-plus capital account deficit and has kept coming when that deficit shrank in the recession. The appetite of investors for Brazil has been notably constant. Notable, but not surprising, according
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Advertisers are spending more on social media influencers, but will they sell real estate?

Advertisers will spend $1.6 billion on Instagram influence posts this year, up from $1 billion in 2017. But whether influencers can effectively sell real estate is still up for debate. Developers and brokers are experimenting with influencer partnerships, Instagram backdrops and Snapchat-friendly house
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Millennial home buyers underperform despite being top purchasers

Close to a third of all home purchases were made to millennials over the past year, but tight inventory and affordability issues prevented them from reaching their buying potential, according to the National Association of Realtors. Despite housing market hurdles, 36% of house purchases were made by
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MassHousing announces down payment assistance program for Massachusetts homebuyers

MassHousing's new down payment assistance program will allow qualified first-time homebuyers to finance up to 100 percent of the purchase price of their first home. MassHousing is now the only entity offering a down payment assistance program for low-, moderate- and middle-income buyers
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HTC Cuts the Price of Its Vive VR Headset

HTC has reduced the price of its Vive VR kit by $100, bringing it to $499. The company also announced its recently unveiled Vive Pro headset, which will feature sharper images and improved audio, will begin shipping April 5 for $799. The price reduction on the original Vive puts the headset $100
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Hunt Mortgage Group Finances the Acquisition of a Multifamily

Hunt Mortgage Group Finances the Acquisition of a Multifamily Property. Located in Ann Arbor, Michigan. NEW YORK, March 19, 2018 /PRNewswire/ –?Hunt Mortgage Group, a leader. in financing commercial real estate throughout the United States,. announced today it provided a Fannie Mae DUS
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Quicken Loans affiliate's lawsuit backfires as Texas jury awards $706 million verdict

Amrock Inc., which calls itself the biggest independent title-insurance and valuation firm in the U.S., accused San Francisco-based HouseCanary Inc. in 2016 of providing “completely unusable” software for appraisal and valuation services under a multimillion-dollar contract. Amrock's attorney, Peter
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90 Lansdowne Cres West Hobart Tas 7000

Character Home On Extra Deep Block. 3 bedrooms House for Sale. Now or by Auction. 90 Lansdowne Cres West Hobart Tas 7000. Listed by EIS Property – Hobart. Features: Garage Spaces.
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Morning Coffee: What are young women in banking supposed to think? How to lead a banking …

For all the diversity initiatives, for all the women's networks, the coaching programs and the parading of senior role models, the newly released gender pay gap figures for banks in the UK are stark. If you are a woman in an investment bank, you are unlikely to progress beyond the lowest half of the bank's
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The Trial Over the Future of Media Kicks Off Today

If the grand design of Chief Executive Officer Randall Stephenson prevails, AT&T will emerge as an entertainment giant, with movies, TV and news to feed its 119 million mobile, internet and video customers. If the government wins, it will be the second time in seven years that the U.S. has derailed a
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Aldermore net lending increases 15%

In its unaudited interim results for the 12 months to 31st December 2017, the specialist bank revealed that underlying profit before tax was up 20% growing to £160m, compared with the £133m recorded in 2016. Statutory profit before tax also increased to £141m, 10% higher than the £129m reported in
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$0.70 EPS Expected for Bryn Mawr Bank (BMTC); Dynex Capital (DX)'s Sentiment Is 2.31

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Analysts expect Bryn Mawr Bank Corporation (NASDAQ:BMTC) to report $0.70 EPS on April, 19.They anticipate $0.15 EPS change or
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