Students March to Demand Stricter Gun Laws After Mass Shootings

Students March to Demand Stricter Gun Laws After Mass Shootings

The student organizers raised more than $3 million through an online GoFundMe campaign and worked with Everytown for Gun Safety, which advocates for universal background checks and other gun control measures. Michael R. Bloomberg, founder of Bloomberg LP, which operates Bloomberg News,
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EasyHomes Offers Inexpensive Home Ownership Around the United States with Minimal Down …

With the average minimum wage in America being around $8.50 p/h, many American families would only be qualified for a payment of about $400 per month this can be impossible to find, but luckily EasyHomes offers home ownership to this income bracket via owner financing. EasyHomes offers home
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Disgraced PR guru Max Clifford 'left £193000 in his will after losing his £10m fortune and declaring …

Disgraced former celebrity publicist Max Clifford left just £193,000 of his multi-million fortune in his will. The shamed PR magnate, who died last December at the age of 74 while serving an eight-year prison sentence for sexually assaulting a string of women, once had £10million in the bank.
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Spain's Rating Lifted by S&P With Prospect of Further Upgrade

Spain's credit rating was raised one level to A- by S&P Global Ratings, which cited expectations that economic growth will outpace the euro area and that the government's budget deficit will shrink. “We raised our ratings on Spain in view of the country's continuously strong economic performance,
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EXCLUSIVE: OCC says banks can't 'dial up risk' in corporate loans

Principals at the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Bank (FRB) both indicated recently that they consider the leveraged lending guidance that the pair issued, alongside the Federal Deposit Insurance Corporation (FDIC), in 2013 as voluntary and non-binding.
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Canada Urges World Nations to Preserve Pillars of Global Trade

As the U.S. and China edge closer to a full-blown trade war, Canada has urged all nations to act to preserve the pillars of the world trading system. “We need to cherish the organizations that have been the cornerstone of the world economic order,” Trade Minister Francois-Philippe Champagne said in
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Just Approved: Finding a portfolio lender who serves the self-employed

Both are self employed and wanted to use only one-year tax return to qualify their income because their most recent tax return showed much higher income than the previous year. They hoped this would allow them to qualify for a larger mortgage. Most jumbo lenders require that brokers use two years of
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Charlotte Day Wilson Live at Fortune Sound Club

Just like her EP's cover art, Wilson kicked off her tour with the title track, in a dimly-lit Fortune Sound Club. Wilson's setlist included performances from both Stone Woman, and her debut EP, CDW. Supporting her, were her three band members on keys, guitar, bass and drums. But in the end, the most
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Kennedy Capital Management Inc. Acquires Shares of 1265806 Oaktree Specialty Lending Corp …

Oaktree Specialty Lending logo Kennedy Capital Management Inc. acquired a new stake in shares of Oaktree Specialty Lending Corp (NASDAQ:OCSL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,265,806
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Better loan deals if you are buying a new-build

If you're a first-time buyer interested in purchasing a newly built home, here's some good news. Mortgage lenders are introducing deals and incentives as the new homes market expands. Sajid Javid, the housing secretary, recently said that Greater Manchester, the west of England and Oxfordshire will
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Gun Safety Is a Cause Worth Marching For

And, with backing from Everytown for Gun Safety (which is supported by Bloomberg LP founder Michael Bloomberg), the students have inspired more than 800 towns and cities to … To contact the senior editor responsible for Bloomberg View's editorials: David Shipley at davidshipley@bloomberg.net .
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Crawford County study in response to declining population, influx of housing projects

It also could lead to deterioration of a community's neighborhoods and its housing market plus there are safety issues, too, according to Norwood. Property owners near blighted structures take a direct hit on their property's value, but potentially new residents can struggle to find affordable housing as
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Equity, Co-op CEOs earn millions from bank profits

Also on the list of super dividend earners is the family of the late Central Bank of Kenya governor Phillip Ndegwa, which will take home Sh159.9 million from their 25 per cent stake at the NIC Bank. The mid-tier lender is set to pay shareholders a lower dividend of Sh1 per share for the 2017 financial year,
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The World's Richest Have Lost $436 Billion Since Late January

Their combined net worth fell $181 billion this week as the S&P 500 Index and Dow Jones Industrial Average suffered their steepest weekly drop in more than two years amid heated rhetoric over tariffs and retaliation. The group's wealth has shrunk $436 billion since markets peaked on Jan. 26.
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Dropbox Tops Private Value, Shares Soar in Market Debut

The Cboe Volatility Index is up 39 percent since Wednesday as President Donald Trump announced about $50 billion of tariffs against China over intellectual property violations. The scenario in which valuations always go “up and to the right is only manufactured in private markets,” Agrawal said,
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Columbia Banking System Inc. (COLB) Moves Lower on Volume Spike for March 23

Columbia Banking System Inc. (COLB) traded on unusually high volume on Mar. 23, as the stock lost 4.36% to close at $41.22. On the day, Columbia Banking System Inc. saw 491,233 shares trade hands on 4,636 trades. Considering that the stock averages only a daily volume of 300,759 shares a day
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Area Realtors Moves and News

McGraw Realtors announced the appointment of Joshua Woodward, Certified Residential Specialist with its Owasso office, to the position of 2018 Education Chair for the Residential Real Estate Council. As an organization, the Residential Real Estate Council represents the top 3 percent of all Realtors
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Not the one: Wolverines' good fortune in 1-0 matches ends

Asheville Christian's Caroline Condra and Polk County's Sydney Waldman tussle for possession of the ball during Friday's match. This time, 1-0 wasn't the right result for Polk County's girls soccer team. After three 1-0 victories this season, the Wolverines finally failed to win one, falling 1-0 Friday to
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3 Stocks That Have Doubled and Still Have Room to Grow

Nearly a decade after the housing market imploded , there once again is a deficit of houses on the market. Realtors still think housing prices are going up in 2018, which should translate directly into profit on homebuilders' bottom lines. In LGI's case, Wall Street analysts are projecting 20% annualized
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Students Demand Stricter Gun Laws at March for Our Lives Rallies

Demonstrators walk with signs on Pennsylvania Ave. prior to the March For Our Lives in Washington, D.C., U.S., on Saturday, March 24, 2018. Photographer: Toya Jordan Sarno/Bloomberg. Toya Jordan Sarno Bloomberg. By Jaclyn Gallucci. 1:23 PM EDT. Thousands of high school students and other
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This Mexican City Is So Dangerous That Coke Femsa Is Pulling Out

This Mexican City Is So Dangerous That Coke Femsa Is Pulling Out

A worker loads a delivery truck with empty Coca-Cola bottles in Mexico City, Mexico. Photographer: Susana Gonzalez/Bloomberg. Altamirano in the southwestern state of Guerrero in Mexico is so dangerous that Coca-Cola Femsa is leaving. Citing two months of harassment of workers by local criminal
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Qantas Passes Aviation Milestone With Direct Perth-London Flight

Qantas Airways Ltd. is starting direct flights between Australia and London this weekend, passing a major milestone by reducing to 17 hours a trip that once took 12 1/2 days. The 14,498-kilometer (9,000-mile) flight from Perth, one of the world's most isolated cities, marks the first direct passenger service
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Help Me, Laptop: Are Chromebooks Safe for Banking?

There's nothing worse than discovering your bank account's been attacked. Gotta pay the rent, after all. So, if you're unfamiliar with a certain operating system, it's understandable why you'd want to make sure it's secure before banking on it. Reader rcarroll5252 wants to know if a Chromebook is safe for
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Indian Women Hope for Change in Fortune Against England

Mumbai: Easily beaten in the tournament opener by Australia, India will hope for a reversal in fortune when they take on England in the women's T20 triangular series on Sunday. The hosts will need to improve in all three departments if they are to avoid a repeat of the six-wicket defeat to the Aussies at
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Bloomberg Baystate Business: Markets, Tariffs, Dropbox

Bloomberg Boston Bureau Chief Tom Moroney and Radio News Anchors Peter Barnes, Pat Carrol and Anne Mostue are joined by top names from local business and finance to medicine and politics, along with Bloomberg reporters covering the latest stories in Boston, the Bay State and beyond.
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Equity Bears Threaten S&P 500's Last Line of Technical Defense

The S&P 500 Index's toughest week in two years would have been worse if not for the last line of technical defense. The benchmark for U.S. equities fell to as low as 2,585.89 Friday, putting it within a whisker of its 200-day moving average. It plunged 6 percent over the five days, as concerns mounted
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The New Luxury at McKinley West

In the latest trends on high-end homes and real estate marketplace, reports cite homebuyers' lifestyles and hobbies as defining how condominiums are built and spaces are used. In short, they are defining the new luxury. And that new trend is in large part influenced by travel, by people who not only
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Why Democrats Are Bullish on Governor's Races, Too

The fight for the House is getting all the headlines, but wins at the state level may be more consequential. by. Albert R. Hunt. @AlHuntDC More stories by Albert R. Hunt. March 24, 2018, 6:00 AM PDT. Blue wave rush. Photographer: EyeEm/Getty Images. The media is focused on the Democrats' bright
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Tiered property tax rates proposed

Out-of-state buyers command more than half of the county's housing market, pricing out residents, affordable-housing advocates say. The median price of a home in the county in February was $685,000, up 1.8 percent from that month in 2017 but down from January's $705,000. In his budget address
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Battered Banks Suffer Their Worst Week in More Than Two Years

That's a more than three-sigma selloff for the group, based on the weekly performance over the past five years. In other words, it's an event that should happen less than 0.3 percent of the time under normal circumstances. Financial stocks are sensitive to 10-year Treasury yields and the shape of the yield
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Bend community land trust seeks permanent home affordability

As housing prices continue to rise in Bend, a local nonprofit is looking at a new way to make homes affordable: a community land trust. In a community land trust, residents own their homes but a trust owns the land those homes sit on, keeping home costs lower. While several community land trusts exist
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Comparing QTS Realty Trust (QTS) and Invesco Mortgage Capital (IVR)

QTS Realty Trust (NYSE: QTS) and Invesco Mortgage Capital (NYSE:IVR) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst
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A third of credit card holders who loaned out their card got stiffed

A survey commissioned by CreditCards.com of more than 2,200 people found that about half had loaned their credit card to someone they knew — and a third of those lenders got stuck paying the bill. Thirty percent of cardholders lent their credit cards to their spouse or partner, more than any other
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Jewelry Dealers Create Their Own Fair With GemGenève

He said he was attracted to GemGenève because he saw it as an opportunity to form alliances with Swiss dealers he did not know and to present to an international clientele already focused on buying jewelry. “There is a glut of shows,” Mr. Travis said. “We're focusing on the ones that present new
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Boom to BUST: Thousands of homeowners face ruin with $100000 wiped from their properties if …

Australian homeowners could lose up to $100,000 from the value of their home over the next 12 to 18 months, as the nation's housing market bubble finally bursts. With house prices falling and indications that interest rates will rise, homeowners are in for a rocky ride – particularly those who stretched
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Study Explores Impact of Firms' Financial Restatements on Bank Loans

“We found that banks do, in fact, care about restatements announced by firms outside their lending portfolio. Both peer restatements and customer restatements result in incremental loan spread increases to the borrowing firm, regardless of whether or not that borrowing firm has a restatement itself.”.
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BlackRock Inc. Has $131.04 Million Stake in Argo Group International Holdings, Ltd. (AGII)

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Citadel Advisors LLC grew its stake in shares of Argo Group International by 18.2% during the third quarter. Citadel Advisors LLC now owns 166,610 shares of the insurance provider's stock valued
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New lexicon of investment

Healthcare Real Estate: Healthcare real estate will be among high growth asset classes in the coming years, especially as the $ 100 billion healthcare market. It is expected to grow at a CAGR of 23 per cent to reach $ 280 billion by 2020. Similarly, medical tourism market, pegged at $ 3 billion in 2017,
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Fortune Brands Home & Security (FBHS) Receiving Somewhat Positive News Coverage, Report …

Fortune Brands Home & Security logo News stories about Fortune Brands Home & Security (NYSE:FBHS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and
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Real Estate Rumors: Modell's Sporting, Floval Oil, Natixis

Law360 (March 23, 2018, 8:17 PM EDT) — The family that owns Modell's Sporting Goods is close to reaching a deal to sell a warehouse in the Bronx for $100 million, Crain's New York Business reported Friday, citing multiple sources with knowledge of the matter. The deal would be for a nearly
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Arcan Capital Picks Up Atlanta-Area Apartments

Arcan Capital Picks Up Atlanta-Area Apartments

“This loan is comprised of $8.3 million of initial funding that will be used to finance the acquisition of the property and $2.2 million in a future funding commitment that will be used for capital improvements to renovate the property,” said RJ Guttroff, managing director of Hunt Mortgage Group, in a prepared
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Stone Ridge Asset Management LLC Buys New Holdings in Kimball International Inc (NASDAQ …

Renaissance Technologies LLC grew its holdings in Kimball International by 14.4% during the 4th quarter. Renaissance Technologies LLC now owns 1,687,391 shares of the company's stock valued at $31,504,000 after buying an additional 212,891 shares in the last quarter. BlackRock Inc. grew its
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Tax would damage real-estate market

I am surprised at the lack of comment from real-estate agents in B.C. If the punitive speculation tax becomes a reality, I predict the real-estate market will collapse. There might be a surge of sales to begin with, with drastically lowered prices. However, once the market stabilizes, I would assume that the
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Eagle County housing analysis presentation slated for Tuesday

The Housing Demand Analysis will provide an overview of the current housing market; update the housing demand calculations and projections; and provide information on residents' and employers' housing goals and intentions, tradeoffs they are willing to make, and housing solutions that are likely to
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Commercial real estate transactions from The Oklahoman for March 24, 2018

Asset Preservation Inc., as Qualified Intermediary for Robert W. Ritter, paid $650,000 to Investment Property Exchange Services Inc., as Qualified Intermediary for Baker Investment Group LLC, for office buildings totaling 10,500 square feet at 3816-3824 N Meridian. Rod Baker and Jay Baker of Baker
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American International Group Inc. Buys 7790 Shares of Zimmer Biomet Holdings Inc (NYSE:ZBH)

The fund owned 68,075 shares of the medical equipment provider's stock after buying an additional 7,790 shares during the period. American International Group Inc.'s holdings in Zimmer Biomet were worth $8,215,000 at the end of the most recent reporting period. Several other hedge funds and other
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Healthy performance seen for Malaysian banks

“Notably, Thai banks' asset quality was affected by some large corporate defaults last year. On the other hand, Singaporean banks were dented by exposure to their local O&G sector, which has experienced more defaults than its Malaysian counterparts as the former has more offshore support service
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Turkey records fall in sale of real estate

By Rufiz Hafizoglu – Trend: In February 2018, the volume of real estate sales in Turkey decreased by 5.4 percent compared to the same period in 2017 to 95,953 units of real estate, the Institute of Statistics of Turkey (TUİK) said in a message. During this period, 16,247 units of real estate were sold in
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Experts say this is what's wrong with Bay Area housing — and how it can be fixed

Record-high rents and home prices in Bay Area are pushing out the middle-class and threatening the region's economic future. No one solution will solve the housing crisis, experts agree, but numerous policy changes could create more homes and bring down costs for tenants. Housing developers, city
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All Things Real Estate: Seller, pest inspector may have liability for not disclosing rust problem

Q: I bought a home in December and moved in about a week ago. When we were moving I discovered that the floors felt a little like a trampoline whenever I would walk on them while carrying something heavy. Yesterday, I had my brother-in-law come over and he offered to crawl under the house and
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Beacon Journal/Ohio.com editorial board: Too much relief for big banks

Practically everyone understands the need for smaller community banks to see regulatory relief. That means adjusting the Dodd-Frank Act, enacted in 2010 in response to the financial calamity driven by Wall Street and others in the banking industry. Greed among bankers deepened the recession.
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February home sales in Lee County rise sharply from one year ago

Compared to the national housing market conditions, Alabama's real estate market has been showing improvement. Although total residential sales in Alabama decreased 2.3 percent from January 2017, the statewide median sales price increased 2.3 percent from January 2017. Statewide, homes in
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Video: How one investor made $190k in 6 weeks!

Video with thanks to Real Estate Talk – the only place where you hear all Australasia's leading property experts. Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork
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Xact Kapitalforvaltning AB Increases Holdings in Baxter International Inc (BAX)

The fund owned 102,178 shares of the medical instruments supplier's stock after buying an additional 5,651 shares during the period. Xact Kapitalforvaltning AB's holdings in Baxter International were worth $6,605,000 as of its most recent SEC filing. A number of other institutional investors and hedge
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Foreign Trade Houses Grab Dominant Share of US Crude Exports

A handful of international trade houses are dominating the buying and selling of U.S. crude exports, two years after Washington lifted its ban on sending oil abroad. The fragmented nature of the U.S. shale industry has made it easier for more nimble independent traders to grab market share. But some
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No stopping the local real estate market

It seems you can throw just about any obstacle in the way of the Lincoln real estate market these days, and it will just get swatted aside. Soaring prices? No problem. Rising mortgage rates? Not an issue. Lack of homes for sale? Next obstacle, please. According to data from the Realtors Association of
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Beyond the "Black Beverly Hills": South LA Real Estate Heats Up With a New Hollywood Generation

But the most intriguing theory of the boom centers on Barack Obama, who attended a 2012 fundraising breakfast in View Park hosted by real estate developer Charles Quarles. For many of the 300 influencers who attended, from Jamie Lee Curtis to Ted Sarandos and Nicole Avant, it was their first
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Trump Weighs Expulsion of Russian Envoys Over UK Attack

President Donald Trump is preparing to expel dozens of Russian diplomats from the U.S. in response to the nerve-agent poisoning of a former Russian spy in the U.K., two people familiar with the matter said Saturday. Trump agreed with the recommendation of advisers and the expulsions are likely to be
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BofA's Huge Fine Renews Push for More Info on Where Orders Go

Gundry MD · He Transformed His Belly With One ThingGundry MD · The Motley Fool · Say Goodbye to iPhone: This Could Be 40X BetterThe Motley Fool · Credit.com · The Highest Paying Cash Back Card Has Just Hit The MarketCredit.com. LIVE ON BLOOMBERG. Watch Live TV Listen to Live Radio
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J. Rusnok: CNB to tighten rules for mortgage availability

2018. Czech National Bank would welcome if the growth of new mortgages would slow down, CNB governor Jiří Rusnok said in Czech TV's political discussion show Otázky Václava Moravce. (ČIA) Czech National Bank would welcome if the growth of new mortgages would slow down, CNB governor Jiří
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Trump Says Trade Deal With South Korea 'Close to Being Finished'

Trump Says Trade Deal With South Korea 'Close to Being Finished'

President Donald Trump said the U.S. is nearing a “wonderful” trade breakthrough with South Korea, which is seeking relief from steel tariffs and in talks on revising a bilateral trade pact. A U.S. deal with South Korea “is very close to being finished,” Trump said Friday at the White House. “We're going to
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BDCs win leverage cap increase after US$1.3trn budget signed

NEW YORK, March 23 (LPC) – Business Development Companies (BDCs) will gain access to additional capital to lend to small and mid-sized businesses after language to increase the maximum leverage allowed by the funds was added to a US$1.3trn government spending bill President Trump signed
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Gratia Capital LLC Buys Shares of 211300 Oaktree Specialty Lending Corp (OCSL)

Oaktree Specialty Lending logo Gratia Capital LLC acquired a new position in Oaktree Specialty Lending Corp (NASDAQ:OCSL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 211,300 shares of the credit services provider's stock, valued at
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Travelex, AWS, Ripple, Starling Bank to debate future impact of Open Banking

London 23 March 2018: Travelex today announced that it is hosting a landmark event on the future implications of Open Banking, titled “Open Banking: Innovation Disguised as Regulation”. The event will take place from 6pm on the 28th March at the National Theatre. The event will explore how Open
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Real Estate Newsmakers

“With her previous experience working as a paralegal for various law firms, JoAnn understands the intricacies of the real estate business and tracks her sales from start to finish. The expertise, energy and enthusiasm JoAnn brings to her work are a winning combination for potential clients looking to sell
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MJ matriarch honored at State of the City address

Hagerty also discussed the city's housing market and said 504 housing permits have been issued in the city over the past year. “Property values are increasing,” he said. “It boggles the mind, but did anyone foresee the price points we are experiencing?” Homes in Belinda City are in the $200,000 range,
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Banking sector this week: Kotak calls for committee on banks, Essar Steel assets to get rebids and …

Suggestions to prevent future banking frauds are flying thick and fast even as the blame game over the fraud at Punjab National Bank continues. This week, one of the most vocal names was billionaire banker Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Bank has
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Marketplace Lending News Roundup – March 24

Affirm embeds with Apple Pay for instore financing from Finextra – Leading online point of sale lender Affirm is set to move into brick and mortar stores. They are giving merchants two offerings: the Affirm InStore API or use Affirm's expanded virtual card experience. How digital banks are raising the bar for
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Ewing Intervenes to ensure fair mortgage offers for crofters

RURAL ECONOMY Secretary Fergus Ewing has written to the Royal Bank of Scotland, urging them to give fair mortgage offers to crofters – a move that has been warmly welcomed in the Highlands of Scotland. Currently, those in receipt of the Croft House Grant have been unable to secure an RBS
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Synovus Financial Corp Buys 12727 Shares of Philip Morris International Inc. (PM)

Synovus Financial Corp lifted its holdings in Philip Morris International Inc. (NYSE:PM) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,533 shares of the company's stock after buying an additional 12,727
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MacDuff's Call: Rental housing market hard on landlords

It seems like every day we hear of another hardship within the housing market arena. And although the stories often relay the plight of renters, the arena can be just as challenging for landlords. And since the government announced in the B.C. budget 2018, that it will be improving the Residential
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Is Genworth Mortgage Insurance Australia Limited (ASX:GMA) A Buy At Its Current PE Ratio?

Genworth Mortgage Insurance Australia Limited (ASX:GMA) is trading with a trailing P/E of 8x, which is lower than the industry average of 18.9x. While this makes GMA appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. In this article, I will
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Matthews International Corp (MATW) Stake Lifted by Municipal Employees Retirement System of …

The institutional investor owned 14,740 shares of the company's stock after buying an additional 2,660 shares during the period. Municipal Employees Retirement System of Michigan's holdings in Matthews International were worth $778,000 as of its most recent filing with the Securities and Exchange
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Malaysia Central Bank: 9 Banks Experimenting With Blockchain 'Scalable Use Cases'

Malaysia's central bank hinted it is planning to integrate Blockchain in its banking sector, its deputy governor revealing ongoing development work in a speech Thursday, March 22. Speaking at the Asian Banker Digital Finance Convention 2018 in Kuala Lumpur, Bank Negara Malaysia's (BNM) deputy
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Cambridge Analytica's London Offices Searched by UK Watchdog

Alexander Nix, chief executive officer of Cambridge Analytica, leaves the company's offices in London, U.K., on Tuesday, March 20, 2018. The company's board said it suspended Nix, effective immediately, while an independent investigation is conducted. Photographer: Chris J. Ratcliffe/Bloomberg.
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Handelsbanken Fonder AB Has $5.55 Million Holdings in Baxter International Inc (BAX)

Checchi Capital Advisers LLC lifted its position in shares of Baxter International by 16.5% during the 4th quarter. Checchi Capital Advisers LLC now owns 5,464 shares of the medical instruments supplier's stock worth $353,000 after buying an additional 774 shares during the last quarter. DnB Asset
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Why Spring is the Time to Sell

Looking forward to summer fun, then a new school year, then the start of the holiday season, spring is the best time for buyers to take on house hunting and start the purchase process. Your home will … You might think more inventory means lower prices, but the housing market works the opposite way.
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Mortgage company opens in O'Fallon, Missouri, bringing 500 new jobs

Hundreds of jobs are coming to St. Charles County with the addition of a mortgage company in O'Fallon, Missouri. Cenlar FSB opened its first Missouri office and plans to bring 500 new jobs to O'Fallon by the end of 2018. The mortgage company will be servicing loans from Citigroup and is located on
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Steve Wynn sells off final stake in Wynn Resorts for $2.1B

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. With Wynn's exit, it appears that his ex-wife Elaine is now the largest shareholder in the resort chain, holding roughly a 9.3 percent stake in the company.
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Contrasting National Bank of Canada (NTIOF) & Lloyds Banking Group (LYG)

National Bank of Canada (OTCMKTS: NTIOF) and Lloyds Banking Group (NYSE:LYG) are both large-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability
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Former NYC Juvenile Jail to Become Housing Complex

Former NYC Juvenile Jail to Become Housing Complex

According to a New York Daily News report, the City Council Thursday unanimously approved plans to turn the former Spofford Juvenile Detention Center in the Bronx into a $300 million, five-acre campus called The Peninsula, which will include ground-floor retail and light industrial manufacturing
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Instructional Designer/Trainer

BridgeView IT is seeking an Instructional Designer/Trainer to join one of our best-advanced start-up clients in Denver. This is a permanent role and this person will be responsible for designing, developing, and maintaining training materials and tutorials for a variety of audiences and delivery modes (in
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India's Big Dollar Buyer May Step Back as Capital Inflows Plunge

India is losing some of its red-hot appeal to foreign investors as a bank scandal, a widening fiscal deficit and the prospects of faster rate hikes by the Federal Reserve erode the allure of its higher-yielding assets. The rupee is the second-worst performing currency in Asia and global funds have turned net
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Springfield Groups Demonstrating for Predatory Lending Reform

SPRINGFIELD, Mo.–Members of Faith Voices and the NAACP in Springfield are coming together to demand predatory lending reform. Right now there is no cap on the annual percentage rate on short term loans. Members of the community met at University Heights Baptist Church to demonstrate for a
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Former Hubbard attorney to spend three years in prison

LaCivita wrote checks to himself or his company for unearned fees to conceal his misappropriation of the funds, the documents said. Between July 2010 and December 2013, LaCivita also closed on nearly 450 real-estate transactions where he received $309,677 in fees and title-insurance premiums for
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Trump Promises 'Major News Conference' on US Drug Prices

President Donald Trump said he'll hold a news conference in about a month on drug prices, and his health secretary said the administration will seek discounts from “middlemen” in the industry. “We pay as a country so much more for drugs because of the drug lobbies and other reasons, and the
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Online Lending Reaching A New High

Technologies are upending the processes and workflow in the lending industry. Tasks that were once handled with the help of paper money, human interaction and bulky computers machines are now executed using digital interfaces. This phenomenon has helped the online lending industry to grow at
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Apple and IBM Unveil Artificial Intelligence Service That Coca-Cola Is Testing

Apple and IBM have teamed up on an artificial intelligence service that is intended to make it easier for business customers to create apps. The service is an expansion of a nearly four-year old partnership between Apple and IBM in which the two companies create corporate apps together for Apple
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San Francisco poised to become first major US city to ban sale of furs in stores, online

Retailers peg it much higher at $45 million annually, and say outlawing fur will also tarnish the brand of Union Square as an international shopping destination. Karin Flood is head of the Union Square Business Improvement District. She believes customers will simply go elsewhere to shop, like Las
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SBI, Mortgage Guarantee team up for home loans

SBI, which accounts for close to a fifth of all home loans in the country, predominantly lends to salaried employees. The protection from IMGC will enable it to reach out to new segments with a reduced risk of default losses. According to SBI, the partnership will help increase home loan eligibility by up to
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MassHousing Debuts 100 Percent Downpayment Aid Program

The Massachusetts Housing Finance Agency (MassHousing) has introduced a downpayment assistance program that will enable qualified first-time homebuyers the opportunity to finance up to 100 percent of the purchase price of their first home. MassHousing currently finances up to 97 percent of a
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Review the Arunachal Pradesh Money Lending Regulation Bill 2018- SHCC

The money lending groups here under the banner of the Self Help Core Committee (SHCC) today demanded the state government to review the Arunachal Pradesh Money Lending Regulation Bill 2018 which was passed by the Arunachal Pradesh legislative assembly on March 16. The SHCC in a
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There Are Simply Not Enough Places For Low-Income Americans To Live

Meanwhile, last year's tax law reduced the value of the low-income housing tax credit, which incentivizes developers to build homes for already under-served groups. The NLIHC wants the government to expand programs like Housing Choice Vouchers, which pays for private market housing after low
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Real estate agent found not guilty over Christchurch tattoo parlour death

A Christchurch real estate agent has been found not guilty of disgraceful conduct after a man died as he tried to flee the building he managed in the 2011 Christchurch earthquake. A Real Estate Agents Disciplinary Tribunal found property manager Christopher Chapman failed to meet industry standards
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The Weinstein Company Has Filed for Bankruptcy

Harvey Weinstein at the 70th annual Cannes Film Festival in Cannes, France on on May 19, 2017. The Weinstein Company filed for chapter 11 bankruptcy in Delaware on March 19, 2018. Jacopo Raule—GC Images/Getty Images. By Bloomberg. 11:40 PM EDT. Weinstein Co., the troubled movie
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Banking Royal Commission: CBA overdraft system error escaped detection for years

Between 2011 and 2015, the bank's automated system for assessing whether customers could afford an overdraft substituted a zero for housing expenses declared by the applicant and used a wrong — lower — number for other living expenses. Giving evidence this morning, CBA's executive general
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Bus Banking Portfolio Mgr I

[POSITION SUMMARY] The Portfolio Manager I role is responsible for the credit management of Business Banking customers with annual company revenues of $3-25 million and with credit exposure of moderate size and complexity. In this role, the incumbent will work closely with the Relationship
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The Uber Crash Is the Nightmare the Driverless World Feared But Expected

Bloomberg's Eric Newcomer reports on the fatal accident involving an Uber self-driving vehicle in Arizona. Last week, Waymo showed a video of people riding in its self-driving minivans. They thumbed their phones, yawned and one snoozed. The message: Driverless cars are so safe, they're boring.
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Florida Gives Payday Lenders a Boost

Florida eased restrictions on payday lending, allowing companies to make bigger, longer loans in a move aimed at bypassing a federal rule that clamps down on the industry. Gov. Rick Scott, a Republican, signed the change into law Monday after state lawmakers passed legislation earlier this month
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Student Loans: Failing the Student and Society

What is needed, right now, is for Congress to wake up, and pass H.R. 2366, a bipartisan Bill with 31 cosponsors that will make student loans the same as all other loans in bankruptcy proceedings. If that does not happen this session, the entire lending system will surely vanish into a mist of illegitimacy.
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AIB accused of misleading customers on mortgages

AIB accused of misleading customers on mortgages

The AIB offers of just €1,600 for the mortgage holders who should have been offered a tracker rate are despite other banks having paid out thousands of euro for similar cases. One couple who were never on a tracker rate, but should have been put on one, received €36,000 in refunds and compensation
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GoldDealer.com Gold Markets Commentary – International Tensions Mount

But for now let's be happy that the physical market is attracting new safe haven buying and the price of gold is breaking to the upside. Will this continue – perhaps but let's not get too excited – gold has a lot of work to do before the world will declare it has its mojo back. Look at the 60-day pricing chart
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Pin Oak Investment Advisors Inc. Acquires New Position in Crown Castle International Corp. (REIT …

First Trust Advisors LP grew its stake in shares of Crown Castle International by 618.4% during the third quarter. First Trust Advisors LP now owns 24,111 shares of the real estate investment trust's stock valued at $2,411,000 after buying an additional 20,755 shares during the last quarter. Victory Capital
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United States existing-home sales rebound in February

The average rate nationwide for a 30-year, fixed-rate mortgage climbed almost half a percentage point to 4.43% by the beginning of March from 3.95% at the beginning of January, according to mortgage-finance giant Freddie Mac. Properties typically stayed on the market for 37 days in February, which
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“Big flip” coming in deposit costs?

The composition of banking industry funding has changed dramatically over the past 30 years. How will the dynamics of industry growth, digital technology, and interest rate changes impact bank financial performance? In the FDIC data below, notice the increase in non-interest-bearing deposits in the
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ANALYSIS: Rising home prices puts pressure on affordability

A story on the hot Ottawa housing market was recently featured in the Globe and Mail. I have been a Realtor for 14 years and I have never seen an article in this paper about Ottawa's market. This national coverage is usually only reserved for the big markets of Vancouver or Toronto. Our housing market
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Britain will find it hard to freeze Russian assets

Russian individuals have purchased about £1 billion of property using suspicious wealth, says Transparency International, which has a close … According to Property Vision, a real estate advisory firm, prime London house prices have fallen by 21 per cent on average and apartments by 15 per cent.
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4 trends that are changing floor plans in new-builds

With the proliferation of television shows and websites devoted to real estate, home décor and design, home shoppers now arrive at a sales office with a list of “must have” features that they want in their next home. At the top of the wish list is an open concept floor plan. In a National Association of Home
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Lennar (LEN.B) versus The Competition Financial Review

The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others. The Rialto segment is a real estate, investment management, and finance company. The Lennar Multifamily segment focuses on developing a portfolio of
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Envestnet Asset Management Inc. Buys 5864 Shares of Expeditors International of Washington …

The firm owned 426,334 shares of the transportation company's stock after buying an additional 5,864 shares during the period. Envestnet Asset Management Inc. owned 0.24% of Expeditors International of Washington worth $27,579,000 as of its most recent filing with the Securities and Exchange
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Trump Issues Broad Ban on Transgender People in the Military

President Donald Trump has banned transgender people from the U.S. military in most circumstances, the latest in a series of actions that may resonate with his most ardent supporters as crucial midterm elections approach. Trump's statement was immediately denounced by civil-liberties groups and
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Attorney General Jeff Sessions Announces Regulation That Bans Bump Stock Devices

Attorney General Jeff Sessions announced a rule to ban bump-stock devices for guns, Bloomberg News' Katherine Tam reports. In a statement, Sessions said the U.S. Justice Department is proposing to amend the rules by clarifying that bump stocks fall within the definition of a “machine gun” under
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Shamed PR guru Max Clifford left £193000 in his will — after losing his £10m fortune

Clifford was serving eight years for assaults on four women between 1977 and 1984 when he collapsed in December. He changed his will in prison on May 1, 2014, leaving everything to his daughter Louise. After debts and tax affairs, less than £193,000 was left. The back garden of Clifford's mansion
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Your community is our community. | TD Bank

*By clicking on this link you are leaving TD Bank's website and entering a third-party website over which TD Bank has no control. Neither TD Bank US Holding Company, nor its subsidiaries or affiliates (other than TD Ameritrade), is responsible for the content of third party sites hyper-linked from this page
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Italy's Center-Right Patches Over Latest Clash on Populist Pact

Italy's League leader Matteo Salvini and ex-premier Silvio Berlusconi pledged to remain united after a virulent clash over relations with the anti-establishment Five Star Movement, with the prospect of a populist Five Star-League government alarming investors. Center-right alliance leaders Salvini,
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As student numbers swell, UC Berkeley makes some, slow progress on housing

“We know that the housing market in the Bay Area is really awful,” UC Berkeley Chancellor Carol Christ, who chaired the task force, said in January 2017. “Rents are expensive, housing is hard to find… and when you don't have affordable housing close to where you're studying, that can have a negative
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Ruffer Llp Lifted By $82.14 Million Its Bancorp Del (USB) Position; Dynex Capital Has 2.31 Sentiment

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. Ruffer Llp increased Bancorp Del (USB) stake by 365.82% reported in 2017Q3 SEC filing. Ruffer Llp acquired 1.55M shares as
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Crown Castle International Corp. (REIT) (CCI) Stake Raised by MML Investors Services LLC

Crown Castle International logo MML Investors Services LLC grew its holdings in Crown Castle International Corp. (REIT) (NYSE:CCI) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,418 shares of the real estate
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Ontario Teachers Pension Plan Board Boosts Holdings in Philip Morris International Inc. (PM)

Several other institutional investors have also modified their holdings of PM. Oppenheimer & Co. Inc. raised its position in shares of Philip Morris International by 0.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 127,566 shares of the company's stock valued at $14,983,000 after acquiring
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Local charity to provide 100 deserving kids with Camp Fortune ski trip

However, with help from Kids Up Front Ottawa, Kuiurusumu, along with 99 other deserving kids from the across the city, is set to hit the slopes of Camp Fortune on Saturday for what will likely be the first time on skis for many. Despite having no skiing experience, Kuriusumu said he's looking forward to it.
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Banking royal commission could spark credit crunch that drags down wider economy: analysts

Banking royal commission could spark credit crunch that drags down wider economy: analysts

“[This is] particularly [the case] for the marginal new borrower, especially on lower incomes, which sets the price of the stock of existing housing. “There is a great deal of uncertainty over how 'bad' this could become, simply because Australia has never had a fall in house prices of 10 per cent or more.
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BBVA Compass boosts its San Diego commercial banking office with three new relationship …

SAN DIEGO, March 23, 2018 /PRNewswire/ — BBVA Compass is boosting its greater San Diego commercial banking team with three new relationship managers, San Diego Market President Roger Zucchet announced today, a move that reflects the bank's strong focus on building its brand in California.
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New England Patriots lend team plane to take Parkland students, families to Washington for March …

The New England Patriots loaned its team plane to Marjory Stoneman Douglas High School students and their families traveling to Washington, D.C., for the March For Our Lives rally. Interested in Gun Control? Add Gun Control as an interest to stay up to date on the latest Gun Control news, video, and
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Banking sector profits decline by 4pc to Rs167 billion

LAHORE – Pakistan banking sector profits declined by 4 percent to Rs167billion in 2017 as margin compression kept Net Interest Income (NII) growth in check. The banking sector experts in a report released by the Topline Research stated the HBL's one off loss of Rs25billion ($225million) has not been
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QUALCOMM, Inc. (QCOM) Shares Bought by Sentry Investment Management LLC

Several other hedge funds and other institutional investors have also made changes to their positions in QCOM. Capital International Investors boosted its stake in shares of QUALCOMM by 41.8% in the 3rd quarter. Capital International Investors now owns 21,455,439 shares of the wireless technology
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New China banking, insurance regulator to improve governance, risk management: vice chair

BEIJING (Reuters) – The first task of China's newly formed banking and insurance regulator is to improve corporate governance at the institutions while boosting their risk management and internal controls, a top regulatory official said on Saturday. The China Banking and Insurance Regulatory
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Santander announces commercial real estate loan securitisation

Santander Corporate and Commercial Banking has completed the £917 million securitisation of a portfolio of commercial real estate loans.
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Barefoot Investor: Perils of the simple life

Whether it's you or a happy-go-lucky couple I recently met, it seems many people are singing the praises of “the simple life”, ditching expensive inner city rents for a modest country abode with a manageable mortgage. But is the country life only suited to freelancers who have flexibility and work from
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Perry Ellis International (PERY) Stock Rating Lowered by Zacks Investment Research

Perry Ellis International (NASDAQ:PERY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday. According to Zacks, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high
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How to attend a wedding without spending a fortune

Hosting a wedding is expensive. “But so is attending one,” said Stephanie Cain at The New York Times. The average wedding guest forked out $900 in 2016 on expenses such as gifts, outfits, babysitters, and hotel rooms. The price can be even steeper for a destination wedding. But there are ways to cut
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Patriots lend plane to Florida shooting victims to attend 'March For Our Lives' rally

New England Patriots owner Robert Kraft is helping students and families of victims of the recent shooting at a Florida high school attend a march against gun violence. Patriots spokesman Stacey James confirmed that Kraft provided the team's official plane to fly families of the victims from the shooting at
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Banks should be made to forgive bad debts granted irresponsibly

Bank lending practices have been under scrutiny at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. What is being revealed is an awful lot of unlawful lending. Banks are putting profit and administrative convenience ahead of complying with the law
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Solano Real Estate Scene: Moving up, down or out without stress or hassle

276412, is the branch manager of Solano Mortgage, a division of American Pacific Mortgage Corporation, Nationwide Mortgage Licensing System No. 1850, licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Equal Housing Opportunity. Jim can be
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Int'l buyer-seller meet held at SKICC

The three-day International Buyer-Seller meet at SKICC has evoked good response from customers across the board. The three-day meet was … A buyer Serjan Unsal from Turkey said the buying house he was representing was one of the largest in his country. Unsal said he was in Kashmir for second
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Next on Hong Kong's property market: flats with one fireproof shelter per floor

The first private housing estates featuring fireproof shelters on each floor, which will give elderly or disabled people a place to hide if a blaze breaks out, are expected to go on sale in the second half of this year, the Post has learned. But having this protective feature will mean higher building
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These charts show there's no such thing as an 'Australian' housing market

Australia's housing market is now valued at $6.9 trillion, according to data released by the ABS today, increasing by 1% in the 2017 December quarter. From a year earlier, prices nationwide grew by a combined 5%, less than half the pace seen just six months earlier. On the surface, it suggests
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Dividend-Rich Mortgage REIT Stock Leader Is Outperforming Peers

IBD's Finance-Mortgage REIT industry group ranks a lowly 189th out of 197 industry groups and subgroups for six-month relative price performance, and is down more than 6% year to date. But Blackstone Mortgage is down just 1.2% since Jan. 1. What's more, it is trading above both the 50- and 200-day
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Banking royal commission day 6: CBA, ANZ, Westpac

CBA and ANZ are before the banking royal commission continues today, on day 6 of the inquiry's substantive hearings, focusing on consumer lending misconduct, before turning to Westpac. Follow live here. The bank royal commission is into its 6th day of hearings. David Rowe. Sort posts by:.
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Weatherford International (WFT) Bonds Drop 1.6% During Trading

Barclays cut shares of Weatherford International from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $6.00 to $3.50 in a report on Tuesday, February 13th. Seaport Global Securities restated a “buy” rating and issued a $6.00 target price on shares of
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Gloucester supervisors considering change to real estate tax rate, town hall scheduled

Gloucester County's budget for the upcoming fiscal year might come with a change to the real estate tax rate — whether it gets higher or lower depends on how big a raise the county and school division give their employees. At the initial March 5 budget proposal, County Administrator Brent Fedors
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The Fed has raised interest rates again. Here's what it could mean for you

The Fed has raised interest rates again. Here's what it could mean for you

Adjustable rate mortgages, credit cards and home equity lines of credit are all revolving loans with variable interest rates that ebb and flow according to the Fed. “People will buy fewer homes, fewer cars and big ticket items,” said Martin Shields, CSU's regional economist. And that's exactly the kind of
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Australian housing market 'sleepwalking into disaster'

We are not too concerned by the recent news that house prices have faded a little bit in Sydney. No matter how many articles may have warned of the dangers of a big house price crash, true experience has been stronger. House prices go up. Australians know this to be true, because that's what the
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Sessions Proposes a Ban on Bump Stocks

Attorney General Jeff Sessions on Friday formally proposed a ban on bump stocks, the firearms accessory that allows semi-automatic guns to fire more quickly, similar to a fully automatic weapon. The proposal seeks to fulfill a promise made by President Donald Trump after the Feb. 14 massacre at a
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Aides Urge Trump to Expel Russian Envoys Over UK Attack

President Donald Trump's advisers are poised to recommend that he expel some Russian diplomats from the U.S. in response to the nerve-agent poisoning of a former Russian spy living in the U.K., a person familiar with the matter said. The advisers reached the preliminary recommendations at a
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Romney Raked in Speaking Fees, IRA Distributions, Form Shows

Utah Senate candidate Mitt Romney received more than $1.4 million in speaking fees over the last year, including appearances at the U.S. Chamber of Commerce, Goldman Sachs Group Inc. and Deutsche Bank AG, according to a financial disclosure report filed with the Senate Friday. The Republican
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Saturday Papers: Goldman plans to expand investment banking

Financial Times: Goldman Sachs is planning to increase its investment banking coverage by a thousand more corporate clients, up from the current 8,000 or so, chief executive Lloyd Blankfein told investors in his annual letter on Friday. The Daily Telegraph: Dropbox shares, priced at $21 prior to the
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Head to Head Survey: Allied World Assurance (AWHHF) & Investors Title (NASDAQ:ITIC)

Investors Title (NASDAQ: ITIC) and Allied World Assurance (OTCMKTS:AWHHF) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and
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J2 Global Inc (JCOM) Shares Sold by AMP Capital Investors Ltd

J2 Global logo AMP Capital Investors Ltd cut its position in J2 Global Inc (NASDAQ:JCOM) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,152 shares of the technology company's stock after selling
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A Healthy Checkup For This Medical Office Building REIT

HTA's market strategy is to drive growth by investing in targeted markets that have attractive health care and real estate demographics. Target markets benefit from current trends in Baby Boomer population growth, and from long-term trends driven by increasing populations of Millennials, anchored by a
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Zuckerberg Gets Another Call to Testify to Congress

Embattled Facebook Inc. Chief Executive Officer Mark Zuckerberg has received another call from Congress to testify on the unfolding scandal over reports the company allowed Cambridge Analytica to harvest 50 million users' data. Senate Commerce Chairman John Thune, the No. 3 Republican in the
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International Game Technology (IGT) Stake Decreased by Paloma Partners Management Co

Renaissance Technologies LLC raised its stake in shares of International Game Technology by 62.3% during the 4th quarter. Renaissance Technologies LLC now owns 4,790,800 shares of the company's stock valued at $127,004,000 after buying an additional 1,838,400 shares during the last quarter.
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Finding a Home After a Fire: 'It Feels Like Your Life Is on Pause'

She wanted the flowers pressed, she said, as a keepsake for their new home, whenever they found one. But that felt a long way off. The family's search for an apartment they can afford has come up empty. The city's housing market is painfully tight and rents have been soaring in the Bronx, where they
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Why Millennials Haven't Fueled The Housing Market Yet

If Millennials had formed households at the same rate as adults their age did in 2000, 1.6 million additional households would have been formed by 2016. According to Freddie Mac, the decline stems from the disconnect between housing costs, which have risen by 29% in this interval, and real incomes,
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3 Days Left To Mercer International Inc (NASDAQ:MERC)'s Ex-Dividend Date, Is It Worth Buying?

Shares of Mercer International Inc (NASDAQ:MERC) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.13 per share, investors must have owned the shares prior to 27 March 2018, which is the last day the company's management will finalize their list of shareholders to which
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New GAO Report Underscores Need for Interagency Collaboration on Fintech

The report pointed out that fintech products and services can benefit consumers and generally pose similar risks to traditional banking products, but that they are currently subject to an uneven regulatory framework, with a patchwork of state and federal agencies overseeing certain fintech providers, while
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Cambridge Analytica's Board Suspends CEO Nix Amid Inquiry

Last year, Nix told Bloomberg News that his company was involved in as many as 10 campaigns for prime minister and president every year, including in Asia, Africa, … Nix was recorded on camera by Channel 4 News reporters, who posed as potential clients looking to influence elections in Sri Lanka.
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Cloudvirga Launches New Mobile App to Connect Real Estate Agents with Its Digital Mortgage …

IRVINE, Calif., March 20, 2018 /PRNewswire/ — Cloudvirga™, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform®, today announced the launch of a new mobile app that will enable real estate agents to
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Judge rejects government defendants' arguments in personal-injury lawsuit

According to the lawsuit, Pamela Allen worked as a processor for a real-estate title company and was seeking to retrieve a court file in the basement when she slipped and fell while going down the stairs. The state government, represented by the Missouri Attorney General's Office, contended in a court
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Aussie online market cools as desktop dips

The IAB noted that the classifieds market in Australia – driven by real estate, automotive and recruitment – is very different to that in other countries: this category now represents nearly one in five digital ad dollars in Australia, but in the US it is only 4% of ad spend. Search and display spending increased
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Banking royal commission shifts attention from misconduct to CBA stuff-up

The Commonwealth Bank has assessed hundreds of thousands of customers for overdrafts with their rental expenses set at zero in a technical glitch that went undetected for more than four years. The financial services royal commission is today shifting its attention from bank misconduct to stuff-ups, with
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ASK IRA: Is No. 7 the prime real estate in lower tier of East playoff race?

ASK IRA: Is No. 7 the prime real estate in lower tier of East playoff race?

Q: With Kyrie out indefinitely now every game is even more must-win to get the seventh spot and Boston. — Chris. A: Look, with Kyrie Irving undergoing a knee procedure and with Marcus Smart out, the Celtics clearly would stand as the opponent of choice among the option of Raptors, Cavaliers or
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Executives Voice Trade-War Concerns at China Forum

Global economists and executives from Apple Inc.'s Tim Cook to BlackRock Inc.'s Larry Fink gathered in Beijing this weekend against the backdrop a brewing trade war, after U.S. President Donald Trump slapped tariffs on Chinese goods affecting more than $50 billion worth of products. The stakes are
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Georgia Democratic Gubernatorial Candidate Voted With GOP to Make it Harder to Hold Bank …

Within months of the verdict, the banking lobby moved swiftly to back HB 192, a bill introduced in January 2017 to effectively reverse the state Supreme Court decision. The legislation changed the liability standard, making it much more difficult to prosecute executives and high level officers for decisions
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Trez Capital Mortgage Investment Corporation announces special distribution and suspension of …

TORONTO, March 23, 2018 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company”) announced today that its board of directors has declared a special distribution of $1.52 per Class A share of the Company (the “Special Distribution”). The Special Distribution, which constitutes
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UBS hires $30bn JP Morgan private banking team

UBS Wealth Management's international team has managed a major recruitment coup by hiring five Mexico-focused, ultra-high-net worth advisors formerly with JP Morgan Private Bank. Miguel Barbosa, Alfonso Barros, Carlos Rodriguez-Aspirichaga, Juan Calderón and Ricardo Mendez, who have an
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No case for New Products

JOSEPH — New Products Corp. in Benton Harbor has no claim to a strip of land at the 18th hole of the Golf Club at Harbor Shores, a Berrien County Trial … In the lawsuit, New Products claimed that the property in question was owned by the company and was taken through erroneous transfers of title,
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Disgraced former real estate agent Aaron Drever says he's in 'unpleasant situation'

A disgraced real estate agent under investigation for his involvement in the flipping of Avondale Bowling Club land says morals and business don't go hand in hand. Controversial businessman Aaron Drever has said he regretted the bowling club transaction because of the negative publicity it earned
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BOE Experiments With Anonymous Applications to Improve Diversity

The more than three-century old central bank only appointed its first female senior official in 1988, according to a speech by Chief Operating Officer Joanna Place at an event in London Thursday. It's one of a handful of new measures to boost the proportion of women at that level to 35 percent by 2020,
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Nissan Slows Output After US Demand Drop Led to Bloated Supply

As of March 1, Nissan's supply of vehicles was at 60 days, according to Automotive News Data Center. Mohnke, who was named a senior vice president in October, said he expects to reduce dealer inventory further in the April-to-June quarter. “They're saying all the right things,” Paul Sansone Jr., the
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Martingale Asset Management LP Increases Position in Investors Title (NASDAQ:ITIC)

Investors Title logo Martingale Asset Management L P increased its stake in Investors Title (NASDAQ:ITIC) by 33.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,800 shares of the insurance provider's stock after buying an additional 1,200 shares during the
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US Mortgage Rates Hold Steady in Mid-March After Last Week's Drop

Len Kiefer, Deputy Chief Economist at Freddie Mac say, “The Federal Reserve raised interest rates today — a much-anticipated move that comes as both U.S. and global economic fundamentals continue to strengthen. The Fed's decision to raise interest rates by a quarter of a percentage point puts the
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Brokerages Anticipate Robert Half International Inc. (RHI) Will Announce Earnings of $0.73 Per …

ValuEngine raised Robert Half International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Royal Bank of Canada lifted their target price on Robert Half International to $62.00 and gave the company a “positive” rating in a research report on Wednesday, January 31st.
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US Corporate Borrowers Have an Overseas Investor Problem

Foreigners showed signs of being net sellers of U.S. investment-grade corporate debt this week, according to Bank of America data. Any selling pressure comes after international investors bought just $38 billion of U.S. investment-grade corporate debt in the fourth quarter, according to UBS Group AG,
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Is UK Secretly Buying Russian Eurobonds Amid Skripal Case?

“It can't be ruled out that the actual number of Russian investors could be bigger as their acquisitions could be found in the share of British investors,” Siluanov told Bloomberg. On March 16, the Russian Finance Ministry placed 1.5 billion dollars' worth of Russia-29 Eurobonds with 4.6 percent annual
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Lena Waithe, Vanity Fair, Trump Biden Fight: Broadsheet March 23

Good morning, Broadsheet readers! Most Americans can't name a single female tech leader, Sister Jean steals the hearts of college basketball fans, and Vanity Fair's new Lena Waithe cover blows up my Twitter feed. Have a rejuvenating weekend.
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PNB fraud: Five major lessons from India's biggest banking scam

The quantum of money involved in bank frauds that the various state-run banks have reported so far, to the Central Bureau of Investigation (CBI), stands at over Rs 20,000 crore. Of the at least seven cases reported so far, the big ones are the Punjab National Bank (PNB) scam (Rs 14,000 crore), the
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Investor Who Won Big Betting on Housing Collapse Falters With China Bets

The former Bear Stearns executive's struggle with the timing of his bets against the Chinese currency mirrors the predicament many investors faced in the run-up to the housing crisis. While they were convinced the U.S. subprime housing market was on the verge of collapse, they couldn't predict when it
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Cryptocurrency Exchange Binance Moves to Malta, Where the Prime Minister Is Welcoming It With …

Bitcoin price took a 4% knock late Thursday after news that the Japanese financial regulator was about to crack down on the popular cryptocurrency exchange Binance, the world's largest by traded value. What really affected Bitcoin's price was a Nikkei report that said Binance might face criminal
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Global Real Estate Software Market 2018 – AMSI Property Management, Co Star Group, Fiserv …

Latest Real Estate Software Market report encompasses the overall and comprehensive study of the Real Estate Software global Market with all its aspects influencing the growth of the market. The report acknowledges the need to stay updated in this competitive market conditions and this provides an
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Lending Works calls for tax wrapper for all ISAs

LENDING Works has given its backing to the creation of an ISA wrapper that encompasses all types of tax-free savings in one place. The peer-to-peer lender, which launched its Innovative Finance ISA (IFISA) in February 2017, has warned that politicians mustn't forget the “simplicity and
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Kanye trademark battle labelled “fake news”, effective banking brands, and '.app' gTLD sunrise …

Kanye trademark battle labelled “fake news”, effective banking brands, and '.app' gTLD sunrise …

In our latest edition, we look at Canada being criticised for how it tackles counterfeits, the USPTO announcing the exhibitors for its upcoming National Trademark Expo event, research into what makes a more effective digital banking brand, and the launch of the '.app' new gTLD. Coverage this time from
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Deleveraging Campaign to Focus on Disguised Lending, Government Think Tank Head Says

Authorities will mainly target the widespread practice of disguising lending as equity investment in the deleveraging drive because such acts conceal debt risks and will cause a lot of problems in future, Li Yang, president of the National Institution for Finance & Development, a government think tank, said
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General higher rates may undo new dawn for variable mortgage holders

The gouging of variable rate mortgage holders by Irish banks may soon be at an end, but there's a sting in the tail. Since the crash banks here have been charging their variable rate customers excessive rates – twice the euro zone average – with the seeming connivance of the Government, their main
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Fintech lending platform Loanboox eyes French expansion

Having expanded its services to unsecured lending between financial institutions, Loanboox is now looking to add hospitals and energy companies to its client base while diversifying into new products. “Speed is important in this market,” Chief Operations Officer Andi Burri told swissinfo.ch. “We have
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Berkeley family wins bidding war over home with a song

In the competitive Bay Area housing market money talks, but one family says singing set them apart. … When a charming home in their neighborhood went on the market back in November they put in an offer. … Um, that's what she said,” said Kuchar, recounting the phone call from his real estate agent.
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Foreign Adoptions by US Families Drop by 12%

… post-adoption reports on the welfare of the adopted children. Negligence in this regard had prompted some countries to warn they might reconsider their support for adoptions to the U.S.. ___. Follow David Crary on Twitter at http://twitter.com/CraryAP. Before it's here, it's on the Bloomberg Terminal.
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Could 'granny flats' be the solution to America's affordable-housing crisis?

That in turn will relieve inventory issues that are driving up housing costs. “At a time when many housing markets are experiencing severe supply constraints and housing affordability is under stress nationwide, accessory dwelling unit legalization represents a low-profile free-market solution that requires
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Law firms expands real estate work with new partner

NAPLES — Real estate attorney Thad Kirkpatrick, formerly with Cohen & Grigsby, has joined Treiser Collins in Naples as a partner. Kirkpatrick's practice focuses on commercial and residential real estate; real estate development and construction law; title review, title insurance and closings; and other
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China Talks Tough on Trade War, Warns US of Countermeasures

Vice Premier Liu He told U.S. Treasury Secretary Steven Mnuchin in a phone call that Washington's investigation into alleged Chinese infringement of U.S. intellectual property violates international rules and will harm the interests of both countries, the official Xinhua News reported on Saturday.
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Apple's Tim Cook Calls for More Regulations on Data Privacy

Apple Inc. Chief Executive Tim Cook has called for stronger privacy regulations that prevent the misuse of data in the light of the controversial leak of Facebook user information. Cook called for “well-crafted” regulations that prevent the information of users being put together and applied in new ways
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United Wholesale Ends 1% Down Mortgage Program

Last summer, Freddie Mac ended lenders' 1% down mortgage program, as many lenders were simply pricing the remaining 2% into the price of the loan, rather than giving the money to home buyers as a grant, Ramirez explains. Lenders would then originate their buyer's mortgage using Freddie Mac's
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Westcor appoints agency manager

Westcor Land Title Insurance Co. has appointed Stephanie Campbell as Southern Virginia Agency manager, the company announced. The company said Campbell's focus will be to increasing Westcor's footprint in the Mid-Atlantic market. “We are delighted to have Stephanie join the Westcor team,”
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Inside Trump's Snap Decision to Oust McMaster

President Donald Trump made a snap decision to oust H.R. McMaster as national security adviser, moving as the administration weighs tough actions against Russia and acting far sooner than many White House aides expected. McMaster's departure had been the subject of intense speculation in
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Gary Hindes

Gary Hindes is chairman of The Delaware Bay Company, an investment management firm and a long-time holder of Fannie Mae and Freddie Mac Securities. He is also the plaintiff in a lawsuit pending in the U.S. District Court for the District of Delaware challenging the government's imposition of the net
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Essent Group Ltd. Announces Closing of $424.4 Million Reinsurance Transaction and Related …

Although it is not possible to identify all of these risks and factors, they include, among others, the following: changes in or to Fannie Mae and Freddie Mac (the “GSEs”), whether through Federal legislation, restructurings or a shift in business practices; failure to continue to meet the mortgage insurer
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Enough About Cryptocurrency. Let's Talk About Virtual Cats

… well, that's happening already today. Most of America's coal mines may be gone, but you can still mine Empyrium Ore in World of Warcraft. We don't need to wait for James Halliday to build one shared virtual universe. They're already here. This article also ran in Bloomberg Technology's Fully Charged
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Central Bank of Ireland – Implements Welcome Improvements to Lending Fund Regime

The Central Bank has updated its rules for Lending Funds (or “LQIAIFs”) which enable broader credit focussed investment strategies for LQIAIFs. Previously certain assets and investments had to be “related” to the core lending activity, but now LQIAIFs have a broader ability to originate loans and invest
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Are you a broker representing a first-time homebuyer? Get ready to work.

It is a no-good, very-bad, terrible time to be a first-time homebuyer, especially in a market like New York City where inventory is tight and bidding wars are commonplace. Factors ranging from the new tax law to the low housing supply to rising mortgage rates have combined to make 2018 a particularly
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Should You Buy Team Tankers International Ltd (OB:TEAM)?

Team Tankers International Ltd (OB:TEAM), a shipping company based in Bermuda, saw significant share price volatility over the past couple of months on the OB, rising to the highs of NOK10.4 and falling to the lows of NOK8.5. This high level of volatility gives investors the opportunity to enter into the
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HFF Secures $18.8M Freddie Mac Acquisition Loan for Multifamily Asset in Hampton Roads Area

Jamie Leachman and Nicole Brickhouse of HFF arranged the 10-year, fixed-rate loan through Freddie Mac's Capital Markets Execution program on behalf of the borrower, a joint venture between Brick Lane and Red Starr Investments. The 77-building property includes a mix of one- to four-bedroom
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