Trump's Tariff Crusade Hardly Matters for US Automakers in China

Trump's Tariff Crusade Hardly Matters for US Automakers in China

Auto workers in the U.S. hoping President Donald Trump's tougher approach to China will help create jobs at home and cut the trade deficit by $100 billion may be in for a huge disappointment. Companies such as General Motors Co. and Ford Motor Co. are among companies that already make cars in
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Philip Green escapes company director ban for BHS £1 deal

Sir Philip Green has escaped a ban from serving as a company director by the Insolvency Service over the deal to sell BHS for £1 in 2015, a year before the retailer collapsed. However, Dominic Chappell, who led the consortium that bought BHS, faces a lengthy boardroom ban after a government
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Mortgage approvals rose 5 percent in February

The fastest growing segment of the mortgage market, also shown in today's BPFI figures, was switching, with volumes rising to 3,927 in the 12 months ending February 2018. In addition, the volume of mortgage approvals increased for the 23rd consecutive month, rising by 0.3 percent to 43,549 in the 12
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The New York Human Rights Commission Inquires Into Women-Only Club The Wing

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. The New York Human Rights Commission is inquiring into The Wing, the women-only club and co-working space that recently raised $32 million in funding from WeWork and New Enterprise
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Head of US mortgage insurers raises concerns over IMAGIN pilot

In addition, she says the IMAGIN programme could create a conflict of interest between the government sponsored enterprise, Freddie Mac's role of imposing Private Mortgage Insurers Eligibility Requirements (PMIER) standards on private MIs and then “designing a program that relies on less regulated
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Executive Profile: Professional Bank's Abel Iglesias on persevering in banking and cycling

Abel Iglesias says growing up, his family had modest means. His parents immigrated to South Florida from Cuba to flee the Castro regime. During his childhood, they spent much of their time working – which meant that if Iglesias wanted to go anywhere, he had to ride his bike there. But what was once a
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New FDIC chief will speed banking deregulation

McWilliams' nomination establishes a trio of Trump appointees at key banking agencies – the Fed, the OCC, and now the FDIC. This should speed the administration's policy priorities, of lessening burdensome regulations on the financial industry, such as adjusting capital and liquidity requirements,
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Microsoft Bans Offensive Language on Xbox, Skype

A young gamer plays Xbox during the 2017 Paris Games Week exhibition at the Porte de Versailles exhibition centre in Paris. Thomas Samson—AFP/Getty Images. By Chris Morris. 11:21 AM EDT. Privacy experts are sounding an alarm over changes to Microsoft's service agreement, saying it's filled with
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Forget Disney, Head to France's Wine Theme Park Instead

Paris may have Disneyland, but if you want an authentic French theme park, head down to Bordeaux instead. La Cité du Vin, or “The City of Wine,” may lack thrill rides, but you can still get dizzy. Offering 20 themed areas exploring the history and culture of wine, along with workshops and a simulated
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Home Prices Continued to Rise in January

Home prices continued to grow at a rapid pace in the first month of 2018, as a new tax law and rising mortgage rates made little dent in demand in the early weeks of the year. The S&P CoreLogic Case-Shiller National Home Price Index, which measures the price of a typical single-family home in major
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Gulf African bank introduces paperless banking system

“At Gulf African Bank, we understand that our relationships with our customers are a critical source of value which we hope to harness even more with the launch of paperless banking. Our customers can now enjoy seamless experience whenever they visit any of our branches countrywide where this
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Finicity Announces Integration with BeSmartee to Improve Digital Lending Process

Finicity is also an authorized Freddie Mac asset validation report provider, and Freddie Mac and Finicity are working together on new methods to validate income from payroll deposit data from bank statements. To stay up to date on all Finicity company and product announcements, visit the website at
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UPDATE 1-Chinese lender CCB posts fastest Q4 profit growth since 2014

CCB's 9 percent rise in net profit for the quarter chimed with the results of peers and underlines how conservative lending practices and increased recognition of bad loans is helping to revive the country's larger commercial banks after years of margin declines brought on by interest rate cuts. Net profit
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Judges' Debate 'Absurd' Result in Fight Over Late Coke CEO's Fortune

State appeals court judges argued passionately over the court's role in public policy as it decided a case over a fraction of the fortune of the late Coca-Cola Co. CEO Roberto Goizueta. At issue are claims by 14 people who worked for Coke under Goizueta, who died in 1997, or with his late widow, Olga,
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Outcome of board meeting of Fortune Financial Services (India)

The Board of Directors of Fortune Financial Services (India) in their meeting held on 27 March, 2018, have transacted the following business. 1. … Issue of corporate guarantee to Yes Bank for Rs. 300 crores against credit facilities to be availed by Fortune Credit Capital (a wholly Owned Subsidiary) 4.
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BoE urges caution over 'risky' mortgage lending

The Bank of England has fired a warning shot over what it sees as potentially risky loosening of mortgage underwriting standards. The Bank could order lenders to raise their financial reserves over the issue, according to the board minutes of the latest Financial Policy Committee meeting. The March
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Porsche Design Huawei Mate RS is announced, costs a small fortune

It was no secret that Huawei was going to introduce the new Huawei P20 and P20 Pro smartphones at its media event today. However, we didn't know that a third, even more advanced smartphone was to be shown as well. Introducing the Porsche Design Huawei Mate RS – one of the most
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Biglari Capital Trimmed Its Investors Title Co (ITIC) Position by $1.66 Million; Longer Investments …

Longer Investments Inc decreased its stake in Apple Inc. (AAPL) by 22.78% based on its latest 2017Q3 regulatory filing with the SEC. Longer Investments Inc sold 5,174 shares as the company's stock rose 12.78% with the market. The institutional investor held 17,543 shares of the computer
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Fortune 100 Food and Beverage Company Selects StayinFront TouchCG for Multi-Country Retail …

StayinFront, a leading global provider of mobile, cloud-based field force solutions, announced today that a world-leading food and beverage company with a portfolio of 20 of the world's largest and most renowned brands, has selected its retail execution solution and global support services. StayinFront
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Morgan Creek Acquires Full Tilt Capital for Blockchain Push

Last week, Bloomberg reported that Alphabet Inc's Google is working on a way to use blockchain technology to support its cloud business. As part of … “We're encouraged by the potential blockchain can bring to financial markets,” said Pompliano, who will remain at the firm after the takeover. “Although
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Payfone on track to authenticate 19 billion transactions for Fortune 100 clients in 2018

Payfone on track to authenticate 19 billion transactions for Fortune 100 clients in 2018

WASHINGTON, March 27, 2018 /PRNewswire/ — Payfone, the world's leading digital identity authentication network, announced today that it expects to authenticate 19 billion transactions for Fortune 100 clients in 2018. The announcement was made this morning at One World Identity's 2018 KNOW
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The New Mortgage Math Under the Tax Law

With the new tax law, the math is changing for many homeowners with mortgages. Some financial pros have long touted the upside of paying down a mortgage. But with the new caps on deductions for property taxes and mortgage interest for homes over a certain value, it makes more sense than ever to
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Lennar Corporation's First Quarter Earnings Conference Call to be Broadcast Live on the Internet

Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. The Company builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title insurance
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Amundi Pioneer Asset Management Inc. Buys New Stake in Science Applications International …

Science Applications International logo Amundi Pioneer Asset Management Inc. bought a new position in Science Applications International Corp (NYSE:SAIC) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 24,924 shares of the information
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Some big banks will shut e-banking on Holy Week

The bank will schedule maintenance activity on Good Friday and its electronic banking will be inaccessible between 2am and 7am on March 30. Its debit and cash cards transactions at other banks' ATMs and POS here and abroad will likewise be temporarily unavailable from 2am to 7am the same day,
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New programs to assist Newfoundland and Labrador homebuyers announced

They include increasing the average household income maximum for eligibility from $65,000 to $75,000 for full benefit and up to $85,000 for partial benefit; allowing for applicants to have a guarantor to support mortgage financing; requiring applicants to have pre-approval from a financial institution prior
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Chelmsford, area watches real estate trends

With more buyers than homes for sale, it can be a difficult time to purchase a house, but for some, it can be a good time to sell. “There s more demand than there is supply,” said Mary Brannelly, a realtor with Coldwell Banker in Acton. The result: A bidding war, with homes often selling for more than
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German Securities Lending Group Collaborates with HQLAx For Creating Blockchain Platform

A marketplace in Germany for securities trading, the Deutsche Börse Group is going to release a platform based in Blockchain for securities lending in partnership with HQLAx. The platform will be using the Corda Blockchain platform of R3, as the firm announced in a press release yesterday, March 26.
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Central Austin homes unaffordable for area's middle class

In 2016, 10 years after she graduated from The University of Texas at Austin, then-Austin resident Jenny Sanzo and her husband, Evan, wanted to stop renting and buy their first home. At an entry-level price point of $200,000, Sanzo, who works downtown as an accountant for the Office of the Attorney
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How b0x Network is Creating a Decentralized Margin Lending Protocol and Liquidation Oracle …

The b0x network is a Decentralized Margin Lending Protocol based on the Ethereum blockchain and is fully integrated with the use of the 0x protocol. It is a peer-to-peer decentralized funding and trading protocol (actually, the first of its kind) and while it is not an exchange medium in itself, it acts as a
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Fannie Mae selling Florida non-performing loans to private investment firm

Huang also worked at Lehman Brothers, Credit Suisse and Freddie Mac. According to the firm's website, the company “seeks to generate long-term returns in securitized products, distressed credit and whole loans.” The firm's current investment focus is “distressed U.S. residential non-performing loans.”.
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Deutsche Bank Lynch Mob Goes After the Wrong Man

The shares have lost almost 60 percent of their value under Cryan's leadership, while those of peers from Goldman Sachs Group Inc. to Italy's UniCredit Spa have advanced. The stock trades at the steepest discount to book value of all its European peers, according to Bloomberg Intelligence.
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BMO Hire Reflects Hot Dealmaking in Real Estate

BMO Capital Markets Corp. has hired Eric Dobi as a managing director in its North America real estate investment banking group as REITs raise big … Dobi, who relocated to Chicago for the role, will cover real estate investment trusts, with clients such as data center owner Digital Realty Trust Inc. He
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Flexible workspaces and smart technology to drive corporate real estate growth in 2018

The FINANCIAL — JLL has on March 27 revealed the Top 10 Global Corporate Real Estate (CRE) Trends for 2018, an annual analysis which identifies the key factors influencing corporate occupiers' decision making. The study reveals that the rise in demand for flexible workspaces, the emergence of a
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BRIEF-HM Inwest Signs Deal To Buy Real Estate In Warsaw For 2.2 Mln Zlotys Net

BRIEF-HM Inwest Signs Deal To Buy Real Estate In Warsaw For 2.2 Mln Zlotys Net. Reuters Staff. 1 Min Read. March 27 (Reuters) – HM INWEST SA: * SIGNS PRELIMINARY CONDITIONAL DEAL WITH MH INWEST SP. Z O.O. ON ACQUISITION OF REAL ESTATE IN WARSAW. * PURCHASE PRICE
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| 2018-03-27 | Regional cities modernising too

Aneta is passionate about the retail real estate market and everything associated with it. She has worked in the editorial department of 'Eurobuild CEE' for seven years. Prior to this she was employed as a journalist for the Retailnet.pl portal and for Shopping Center Poland magazine. In her free time she
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Commentary: How Facebook's Response Ignited the Cambridge Analytica Scandal

Unfortunately for Facebook's shareholders, it appears Mark Zuckerberg, Sheryl Sandberg, and the company's other leaders did not understand this basic rule of crisis management when handling the Cambridge Analytica scandal. For my 2017 book, Chief Crisis Officer: Structure and Leadership for
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Craft Beer's Days of Explosive Growth Are Over

The days of eye-popping growth numbers for the craft beer industry seem to be over. Year-end 2017 sales data just released by The Brewers Association, the trade group for independent brewers, shows craft beer production volumes were up 5% last year—on par with how the industry was tracking in
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Open Listings Online Real Estate Service Launches iOS App for iPhone and iPad

LOS ANGELES, March 27, 2018 /PRNewswire/ — Today, Open Listings (https://www.openlistings.com), the all-in-one home buying service, announced the release of their new iOS app. Home buyers can house hunt 24/7, create offers, and save thousands in fees — all from the app. To-date, they've
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Fannie Mae Announces Winner of Eleventh and Twelfth Community Impact Pools of Non …

On September 27, 2017, the Federal Housing Finance Agency announced additional enhancements to its requirements for sales of non-performing loans by Fannie Mae and Freddie Mac that build on requirements originally announced in March 2015 and apply to this Fannie Mae non-performing loan
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Ayiti-Okay: Majistra Gabriel Fortune Lanse Travay Rekonstriksyon Plizyè Mache

Ayiti-Okay: Majistra Gabriel Fortune Lanse Travay Rekonstriksyon Plizyè Mache

Majistra vil Okay la,Jean Gabriel Fortune an prezans Premyè dam nan Martine Moïse depoze premye wòch nan kad rekondisyon mache piblik yo pandan wikenn pase a. Klike sou videyo a pou plis detay. #cayeshaiti #HaitiCayes.
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Getting to know a reverse mortgage

PORTSMOUTH, Va. (WAVY) – – According to a recent study from Boston University, at least half of senior homeowners will retire with insufficient income to live comfortably. A reverse mortgage could help bridge that financial gap. Brad Friedman is the Reverse Director at Reverse Mortgage dot pro and he
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loanDepot makes big move into mortgage securitization

“Borrowers with more than one mortgaged property could be more likely to default than borrowers with one property especially in a distressed housing market,” Moody's said. “However, high income borrowers with stable employment may support debt payments on vacation properties.”
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Your Mortgage: Private Mortgage Insurance, a necessary evil

I bet the first thought that flashed across your mind after reading the headline of this post was “this post is gonna be awesome,” right? I totally agree! Of course, I don't really expect many readers to be excited about this topic, but it doesn't mean it's not important. Private mortgage insurance (PMI) is a very
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Self-storage: How warehouses for personal junk became a $38 billion industry

The industry's boom over the last few decades mirrors larger demographic and real estate trends: Americans relocating from the Midwest and Northeast to Sunbelt cities store old gear in self-storage units. Millennials moving into increasingly crowded, high-demand downtowns require extra space.
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Businessman who made fortune in healthy eating blames his own diet for attack on nightclub …

City of London magistrates heard how the businessman, who has made his fortune from healthy eating, blamed his diet for the incident on December 9 as it was “a form of starvation” which made him less able to handle his alcohol. His lawyer Hector MacLean-Watt said: “He admits he was under the
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Experts: Homebuyers should prepare for onslaught of competition this spring season

“The Case-Shiller Home Price Index continues to support our view that today's housing market is driven by a mismatch of demand and supply,” said Tian Liu, Genworth Mortgage Insurance chief economist. “There is robust demand by first-time homebuyers for affordable homes, and equally robust supply
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More Startups Should Launch in Bank Niches like Subprime Lending, Says TrueAccord CEO Ohad …

“It's actually not very common for a startup to be started in subprime lending, debt collection—those areas that frankly require a lot of regulation and minutiae,” Samet said, during a presentation at the conference where he spoke of the increasing need and use of artificial intelligence in financial services.
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Case-Shiller: Home prices still rising in 2018

Nationally, U.S. house prices rose by half a percentage point in January and were up by 6.2 percent year over year, the S&P CoreLogic Case-Shiller National Home Price Index reported on Tuesday. In nominal terms, Case-Shiller's national index was 6.3 percent higher than during the prior 2006 peak
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Augmented Reality Is Coming for the Real Estate Industry

The app is the first of its kind to be released by a real estate company, but it's not the first of its kind on the market. Ikea has a surprisingly functional AR app that invites you to do the same thing, with the exception being that you're putting in only Ikea furniture. Houzz Inc., the home decor company, offers
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Independent Bank Hires Veteran Lenders to Support Denton Growth

MCKINNEY, Texas, March 27, 2018 (GLOBE NEWSWIRE) — Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, announced two new additions to their Denton County Commercial Lending teams. The Bank has added David Stanley and Aaron Newquist, who both
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Commentary: Why the New Sex-Trafficking Law Is a Promising, But Limited, First Step

After much heated debate and controversy, Congress passed the Fight Online Sex Trafficking Act (FOSTA) last week, which is designed to curtail the growth of Internet sex trafficking. Presented as an amalgam of Rep. Ann Wagner's (R-Mo.) FOSTA and Sen. Rob Portman's (R-Ohio) Stop Enabling Sex
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US home prices growing twice as fast as GDP: index

Home prices increased at an annual rate of 6.2 percent in January compared to the previous year, according to S&P CoreLogic Case-Shiller data that measures home prices across the country. That extends a growth streak from December 2012, when the housing market hit a bottom. It amounts to an
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Deutsche Bank Chairman Holds Talks With CEO Candidates

Deutsche Bank AG Chairman Paul Achleitner has held talks with potential successors to Chief Executive Officer John Cryan as part of plans to replace the executive should a better candidate emerge, according to people with knowledge of the matter. Discussions have focused on a leader who speaks
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Essent secures $424mn of mortgage reinsurance from capital markets

Mortgage insurer Essent Guaranty has completed a transaction with Radnor Re 2018-1, a newly formed special purpose insurer, which sees Essent obtain US $424.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written by Essent in 2017. Essent Logo
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Moving home is 'becoming a rarity'

Homeowners are moving half as often as they did before the credit crunch, figures produced for the BBC suggest. Reasons include high house prices, stricter rules on getting mortgages and older people staying on in large properties. People used to move house roughly four times after their first
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Fair housing advocates sue Facebook, alleging discrimination

The lawsuit was filed Tuesday in New York federal court by the National Fair Housing Alliance and other organizations. It comes as Facebook faces criticism over allegations British political consulting firm Cambridge Analytica used details of 50 million Facebook users to help Republican candidate
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Back-office upgrades key to customer-focused banking, survey finds

A report Accenture released Tuesday puts numbers around something widely acknowledged across the industry: Legacy systems get in the way of banks offering a better customer experience. And middle and back offices have to be part of any effort to put customers first. The report found that
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Interest rates will only need to hit 2% for households with large debts to struggle with mortgage …

Some British households could struggle to fund their mortgage repayments if rates rise to as little as 2 per cent, the Bank of England suggested. Britons' debt as a share of income has fallen by almost 20 per cent since its peak before the crisis, with most households currently able to repay their mortgage
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Clever Lending to run specialist finance forums

These events were organised by the master broker after it witnessed a growing demand from brokers looking for help with complex cases. As well as Robert, the events will also include four specialist lenders who will cover key topics in specialist finance and how it is becoming increasingly popular for
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Malaysian Financier Jho Low Balks at Plan to Move His Seized $250 Million Yacht

Malaysian Financier Jho Low Balks at Plan to Move His Seized $250 Million Yacht

Indonesian officials onboard the luxury yacht 'Equanimity' at Benoa Bay in Bali in Feb. 2018. Photographer: Rully Prasetyo/AFP via Getty Images. Low Taek Jho, the Malaysian financier accused by the U.S. of orchestrating a scheme to siphon $4.5 billion from a government fund, is balking at Justice
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JLL's Tech Division Acquires Real Estate Startup Stessa

Many small- to medium-sized real estate investors track their investments using Excel spreadsheets, and don't usually have a real-time view of their portfolio's performance, said Heath Silverman, the company's co-founder and CEO. Stessa, a software-as-a-service offering, lets investors add information
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US consumer confidence ebbs, while house prices surge

U.S. consumer confidence fell from more than a 17-year high in March amid stock market volatility, but households remained upbeat about labor market conditions, which could help to support consumer spending. The Conference Board said on Tuesday its consumer confidence index dropped 2.3
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Valuation Independence

Requirements are found in TILA, the Dodd-Frank Act (which amended TILA), as well as the Interagency Appraisal and Evaluation Guidelines, Freddie Mac and Fannie Mae's Appraiser Independence Requirements (AIR) and Appraiser Independence FAQs, and HUD Handbook 4000.1. These sets of
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Homebuyers growing dispirited even as economic confidence grows

Americans are growing increasingly confident in the economy and their financial situation, however this is not translating into a more positive view that now is a good time to buy a home, according to the National Association of Realtors' first quarter Housing Opportunities and Market Experience survey.
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Back in Vogue, Tech Lending Funds Cater to Pre-IPO Workers

More Silicon Valley investors are jumping into one of the most obscure niches in private tech finance: lending money to startup employees to profit from the windfall when the companies go public. New employee loan funds are aiming to raise hundreds of millions of dollars, backed by institutional …
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Luxury Designers Said “No” To Lending Clothes To Beyoncé & Cardi B And Are Now Paying The …

Roberto Cavalli just started lending. Versace has been lending the past couple of times. Certain names are finally coming around, because they [are starting to] get [her star power]. But we still have a lot more designers who need to become believers.” While the above statement made by Cardi's stylist is
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Lawsuit Alleges Facebook Enabled Discrimination in Housing Ads

Four civil rights groups, led by the National Fair Housing Alliance (NFHA), have filed a lawsuit against Facebook Inc. in federal court that accuses the social media giant of encouraging housing discrimination on its advertising platform. The lawsuit alleges that Facebook created pre-populated lists that
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Argo Real Estate illegally pushed out rent-stabilized tenants in Queens: lawsuit

Argo Real Estate illegally deregulated 369 rent-stabilized apartments in the Briarwood neighborhood of Queens, despite receiving a tax break requiring that they be leased at below-market rate rents, according to a new lawsuit. The suit claims that Argo did this to apartments across nine buildings in
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With Cryan a 'Lame Duck,' Analysts Split on Deutsche Bank's Path

Deutsche Bank AG shares rose in-line with the broader stock market Tuesday after Chairman Paul Achleitner is said to have had talks with a number of … The company's investment banking operation has slumped, while retail banking profitability has weakened as global interest rates collapsed.
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Micro-lending start-up SmartCoin raises $2 million in funding led by Accion Venture

Several fin-tech start-ups in the lending space have raised funds in the recent months. Lending platform Ziploan in October raised $3 million in funding led by Matrix Partners. Eduvanz Financing Pvt Ltd., an education technology start-up that provides loans to students for skill development also raised
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The Secret History of the FBI's Battle Against Apple Reveals the Bureau's Mistakes

With the debate over encryption on smartphones heating up yet again, one of the most important past controversies in the area needs to be revisited. According to a new report, the FBI could have unlocked the iPhone used by one of the San Bernardino shooters without Apple's help possibly more
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Is the Canadian housing market standing in the way of its global competitiveness?

Canada's housing market was a major boon to its economy in 2017, pushing GDP growth upwards until it achieved one of the highest rates in the world. Today, things aren't looking quite so positive. “Canadian competitiveness is deteriorating quickly,” writes RBC Global Asset Management chief
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Real Estate announce spring tour w/ Habibi (who have a new EP)

Real Estate will be on tour this spring, including a just-announced run of Midwest and Northeast dates in June with Brooklyn's Habibi. Those include a stop at Jersey City's White Eagle Hall on June 14. Tickets for that show go on sale Friday, March 30 at 10 AM. Real Estate's last NYC-area show was
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PNC offers new digital auto lending product

PNC Bank has enhanced its auto lending capabilities with a new product touted as a “seamless end-to-end digital car buying experience.” Called PNC Total Auto Powered by California-based digital automotive marketplace TrueCar (NASDAQ: TRUE), the bank said buyers can use computers, tablets or
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Alphabet Research Arm X Wants to Apply Artificial Intelligence to Farming

The research lab of Google parent Alphabet is studying how to apply artificial intelligence technologies to improve farming. Astro Teller, the head of the research lab, known as X, said that his staff is “spending more time with farmers” to better learn how cutting-edge technology can help improve crop
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Sky villa in new Sunny Isles Beach condo sells for $13M (Photos)

A “sky villa” condo in the recently completed Jade Signature in Sunny Isles Beach sold for $13.3 million. Sunny Isles Beach Associates, an affiliate of Miami-based developer Fortune International Group, sold Unit 5101 in the condo at 16901 Collins Ave. to IJ LLC, a Delaware-registered company with an
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Banking Customers, Someone Could Be Watching You

Bill Elliott can almost laugh now about burglars who smashed his car window months ago and made off with an envelope of money he had just gotten from his bank. “What they stole were Euros,” he said. “I was trying to imagine them driving away, imagining they had a big fat envelope of currency, and
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Lennar Plans to Use New Tech for Mortgage Applications

Contractors work on a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, S.C., on Jan. 8. Lennar plans to begin using mortgage-application technology that allows consumers to apply for a mortgage online or on their phone. Photo: Travis Dove/Bloomberg
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Fortune Minerals provides update of NICO Project

LONDON, ON, March 27, 2018 /CNW/ – Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to provide an update on the progress of its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada (“NICO Project”). The NICO
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Metal, banking sectors major gainers on Nifty today

Metal, banking sectors major gainers on Nifty today

By clicking on submit button, you authorize IIFL & its representatives & agents to provide information about various products, offers and services provided by IIFL through any mode including telephone calls, SMS, letters etc. . you confirm that laws in relation to unsolicited communication referred in
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The Latest: Facebook calls housing lawsuit 'without merit'

The lawsuit was filed earlier in the day by the National Fair Housing Alliance and other related organizations. They accuse Facebook of … The lawsuit says the company took steps two years ago to prevent racial discrimination in housing advertising but it has not yet succeeded in eliminating other kinds.
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Foxconn Furthers Smart-Home Ambitions By Buying Belkin

Consumer-tech industry consolidation continues this week with the announced purchase of Belkin International by Taiwanese contract manufacturing giant Foxconn. Foxconn, whose formal appellation is Hon Hai Precision Industry Co., is best known as the folks who somewhat controversially assemble
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Montgomery County approves to discuss increasing real estate taxes

CHRISTIANSBURG, Va. – The Montgomery County Board of Supervisors voted to have a discussion with the community to raise real estate taxes to fund school resource officers in all eleven elementary schools. “In the world, or all over the country, there is no guarantee if the next bad guy or girl is going
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Weak job growth sinks Pueblo on 'Healthy Housing' index

With job growth weak, home prices still rising, and supply dwindling, Pueblo now ranks in the bottom 10 markets in the country on the Leading Index of Healthy Housing Markets. The quarterly comparison of the nation's 400 largest housing markets is prepared by economists at insurance giant
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Walmart Pulls Cosmopolitan Magazine From Checkouts

Walmart Inc. is pulling Cosmopolitan magazine from its checkout counters, bowing to pressure from an activist group that sees the publication's racy covers as “sexploitation.” The world's largest retailer will now sell the Hearst Corp. publication just in its magazine aisle, spokesman Randy Hargrove said
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Orange targets Africa to increase mobile banking operations

Orange, France's largest telecom operator, has applied to expand its banking operations in Africa following the launch of a digital bank in its home country last year. Bruno Mettling, deputy chief executive in charge of Africa and the Middle East, said the entity would target retail customers and not become
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New mortgage lending stays at high level

More than 3,100 new mortgages worth a combined €691 million were approved in February as the home lending market continued to grow strongly in the opening months of the year. Mortgage approvals were up 5 per cent at 3,137 in February compared with a year earlier while the number of home
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Habitat for Humanity offers seventh zero interest mortgage home for working family in Carroll County

That solution, at the moment, is an open application for a zero percent interest mortgage-financed, three-bedroom house in Westminster, available to a selected person or family who meet the income requirements — a family of four must earn less than $54,660 a year — and are willing to put in a little
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Brookfield's $15 Billion Deal for GGP Is Bad News for the American Mall

Brookfield Property Partners LP's deal to take over retail landlord GGP Inc. is “wholly inadequate,” “a negative for the sector” and “neither exciting for GGP shareholders nor a good read-through for mall asset values.” In fact, “investors should vote against the transaction as it does not offer sufficient value.
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Lennar partners with Blend to power its financing arm

Lennar will utilize Blend through its financing arm, Eagle Home Mortgage. The partnership will digitally streamline the home purchase process for Lennar and its customers. The new system will allow Lennar mortgages to close up to 10 days faster by cutting out unnecessary manual process.
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Bloomberg Markets: Apple Pursues Google in Education

James Rogers Chair of Business Development Mayo Clinic Discussing why unlikely partnerships will spark the health-care revolution. Jim Russell Portfolio Manager Bahl & Gaynor Discussing the markets and investment strategy. This is a Bloomberg podcast. To download, watch or listen to this report
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Facebook sued by housing advocates alleging discrimination

The lawsuit in Manhattan federal court alleges investigations by fair housing supporters in New York, Washington, D.C., Miami and San Antonio, Texas, prove Facebook continues to let advertisers discriminate even though civil rights and housing groups have notified the company since 2016 that it is
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Featured Industry Leader: Nicholas Monardo, President, Arizona Mortgage Lenders Association

As a chapter of the Mortgage Bankers Association (MBA), we follow and support solutions to national issues that affect our industry. The MBA does a great job of informing the state chapters of any issues we should be aware of and speak to our local legislators on. In fact, to help with this, we also employ
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Diane McIver Held Mortgage to Financially Strapped Husband's Ranch When He Shot Her

Diane McIver Held Mortgage to Financially Strapped Husband's Ranch When He Shot Her. Tex McIver had mortgaged his interest in the couple's ranch to his wife on a $350,000 loan he had not repaid when he killed her. By R. Robin McDonald | UPDATEDMar 27, 2018 at 04:21 PM | Originally
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Chicago can pursue part of Wells Fargo predatory lending case

(Reuters) – A federal judge significantly narrowed but refused to dismiss a lawsuit accusing Wells Fargo & Co, the third-largest U.S. bank, of predatory mortgage lending targeting black and Hispanic borrowers in the Chicago area. U.S. District Judge Gary Feinerman ruled on Monday that Illinois' Cook
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Lafayette Habitat for Humanity to open 2018 Homeownership Program Applications

Habitat homes are sold to participants of its Affordable Homeownership Program for no profit. The sale is financed with an affordable 20-30-year mortgage loan. These mortgage payments are then recycled to build more homes. LHFH is an equal housing lender, and follows a non-discriminatory policy of
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Europe's Anti-Kremlin Roll Call Was Weak

When it came to specific action, European countries opted to keep pressure on Putin low. by. Leonid Bershidsky. @Bershidsky More stories by Leonid Bershidsky. March 27, 2018, 5:40 AM PDT. Russia's Berlin embassy won't miss a few expelled colleagues. Photographer: John MacDougall/AFP/Getty
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Press release: Payfone on track to authenticate 19 billion transactions for Fortune 100 clients in 2018

Payfone, the world's leading digital identity authentication network, announced today that it expects to authenticate 19 billion transactions for Fortune 100 clients in 2018. The announcement was made this morning at OWI's 2018 KNOW Identity conference at the Ronald Reagan Building and
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France's Orange plans expansion of banking operations to Africa

Orange, France's largest telecom operator, said it has applied to expand its banking operations into Africa following the launch of a digital bank in France last year. Bruno Mettling, deputy chief executive in charge of Africa and the Middle East, said the new entity would target retail customers and not
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London housing market shows signs of sliding into doldrums

London housing market shows signs of sliding into doldrums

A HOMETRACK report provided further signs that London's long housing boom is coming to an end. Prices across the capital will start falling by mid-year, the research company predicted, just two weeks after Acadata said values are already dropping at the fastest pace since the depths of the recession.
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FANG Stocks Tumble 6% in Unprecedented Selloff

The FANG index's advance from early 2016 through this month's peak reached an annualized rate of 67 percent, outpacing even the Nasdaq Composite Index's return in the final two years of the dot-com bubble. “It's been such a good performer that at this point it's kind of on the defensive,” Brent Schutte,
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The Lending Cupboard to move locations in Red Deer

The Lending Cupboard wants to move into a new location at 7803 50 Ave., across the street from the Rona, by August. The organization is hoping to take possession of the space in June and begin renovations to make it comfortable and functional with plenty of room to grow. The new location, which
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Deutsche Bank Examines Potential Successors to CEO John Cryan

Deutsche Bank AG's DB -2.13% chairman has reached out externally to potential candidates to be the bank's next chief executive, gauging interest in replacing John Cryan after months of clashes, according to people briefed on the discussions. The outreach by Chairman Paul Achleitner was described
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Mortgage Rates Quickly Down to 2 Week Lows

As of yesterday, it looked like mortgage rates would be more interested in staying in a narrow, sideways range for the holiday-shortened Spring Break/Good Friday trading week. Today, financial markets gave us a reminder about how much reality can differ from apparently probable outcomes.
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Money-laundering charges threaten EU banking union

The Latvian bank was shuttered by European authorities in February, but it wasn't an isolated event. On Monday, Estonia's Versobank became the third euro-zone bank to have its banking license withdrawn for alleged criminal activities since the start of the year. The lender is also accused of money
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Jason Walters promoted to Commercial Regional Lending Manager at Lincoln Savings Bank

Jason Walters was promoted to Commercial Regional Lending Manager at Lincoln Savings Bank. Walters, who started his career as a teller when he was 17, decided to attend the University of Northern Iowa in pursuit of a finance degree in order to advance his banking career aspirations. Twenty-two
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Microsoft and BankSight Collaborate with Judo Capital to Deliver Innovative Small Business …

Judo's mission is to put experienced and empowered relationship-focused lenders back in customers' premises, going against the industry trend; putting the customer experience first and foremost by ensuring Judo's team can make credit decisions on the quality of the business, not just the quality of the
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'Agile working' cuts demand for space

Co-working space like that offered by Generator in Britomart, Auckland, reflects a trend towards agile working. … Moricz also said that overall investors retain a strong investment appetite for real estate in 2018, with 92 per cent of respondents saying their investment activity will be the same or greater
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MetLife unit struck US$16b in real estate deals last year

METLIFE Inc's asset manager said the stable market for real estate financing helped it complete US$16 billion in global property transactions last year. That tally for MetLife Investment Management includes US$14 billion in commercial-mortgage originations, bringing the total of such loans managed to
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Startup aims to disrupt Sweden's banks

It's a licensed online mortgage provider that offers lower interest rates than the banks overseen by Sweden's regulator. One of Enkla's co-founders, Marcus Widegren, says investors buying the bonds that will finance the venture can see everything they need to know about the borrower. That includes if a
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Angelina Jolie NOT Dating Real Estate Agent, Despite Reports

Angelina Jolie is not dating a real estate agent, despite a false report that's been widely picked up by the copy-and-paste gossip media. Gossip Cop can help set the record straight. The actress, who remains estranged from husband Brad Pitt, is single. But ETOnline is citing a so-called “source,” who
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Wells Fargo talks to clients about what it's doing about guns

Wells Fargo CEO Timothy Sloan said Tuesday that the bank is in talks with gunmakers who are its clients, the latest financial institution to disclose steps it's taking after last month's deadly attack on a Florida high school. Wells Fargo, the No. 3 U.S bank by assets, was the gun industry's top financier,
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Title Resource Group Partnering with Pavaso to Improve the Mortgage Closing Process

Title Resource Group's (TRG) lender services division is now using Pavaso's digital closing platform to improve business processes, communication and efficiency, as well as to improve the consumer experience. TRG is a full-service title, settlement and vendor management company that operates in 48
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Belton High's Magic Belles win national title

Other Belles' titles from ADTS Nationals include: the WOW Factor Award-Team Modern; All American Kick Company-Bella Rose Mortel and Gracie Fothergill; first place, Large Ensemble Hip Hop Company; national champion, Team Jazz; fourth runner-up, International Jazz; national champion, Team
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HBJ reveals 2018 Residential Real Estate Awards top agents, teams

The Houston Business Journal unveiled the rankings of the city's top Realtors and teams at the annual Residential Real Estate Awards, held at the Hilton Americas — Houston, on March 27. The awards honor the dozens of individual agents and teams who appear on five HBJ Lists. Click through the
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Should you help your kid invest in real estate?

With the mortgage bubble now a decade in the rear-view mirror and lending standards tightened, real estate has returned to its historic place as a solid choice for wealth-building. However, the younger generation is encountering two major obstacles in the quest to become homeowners: too much debt
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Manafort Asks Federal Judge in Virginia to Dismiss Tax, Bank Fraud Case

By raising similar arguments about Mueller's authority in two federal courts, Manafort's lawyers may be banking on appealing rulings against him to separate higher courts that may view the issues differently. If that happens, the U.S. Supreme Court could elect to take up the question of Mueller's authority.
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Sebonic Financial Mortgage Review 2018

Sebonic Financial — a division of Cardinal Financial — is a consumer-direct lending company that aims to provide a fast, competitively priced mortgage experience. Though Cardinal has been around since 1987, the Sebonic brand launched in 2013 after new ownership took over the business.
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UBS Says Welcome to the Machines in Credit Trading

UBS Group AG is ready to jump on the electronic-trading bandwagon to help boost its U.S. corporate-debt trading business. The Swiss bank is testing a computer program that will price and trade some inquiries received by its bond desk — which are typically for smaller, so-called odd lots for high-grade
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More Density In Upper Northwest Could Help Solve DC's Affordable Housing Crisis: Study

More Density In Upper Northwest Could Help Solve DC's Affordable Housing Crisis: Study

A wide-ranging analysis of the city's housing supply, the report released Tuesday morning shows that the dominance of single-family homes in amenities-rich neighborhoods, coupled with a lack of amenities in denser neighborhoods, is putting D.C.'s housing market in a pressure cooker. Addressing
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Why Blockchain adoption has stalled in financial services and banking

To be sure, there's no shortage of hype and hope about what blockchain could do for banks and other financial services firms. As The Financial Times detailed, banks could use blockchain technology for everything from the recording and updating of customer identities to the clearing and settlement of
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Media Release: Statement – Speculation Tax: Clarity Appreciated; More Needed

Communities could face economic problems, due to fewer visitors, less consumer spending and lower housing prices. Also, development properties are often bought years before they are developed, and the proposed tax would add costs that would be passed on to consumers, regardless of where they
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Homebuyers becoming dispirited even as economic confidence grows

Americans are growing increasingly confident in the economy and their financial situation, however this is not translating into a more positive view that now is a good time to buy a home, according to the National Association of Realtors' first quarter Housing Opportunities and Market Experience survey.
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Central Pa. real estate firm switches over to Howard Hanna

The new office for Howard Hanna is a result of a Lebanon County real estate group switching from Century 21 to Howard Hanna. Krall Real Estate will now operate as Howard Hanna Krall Real Estate. Century 21 Krall Real Estate was founded in 1973 by Ronald W. Krall and is now led by Holly
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This iTunes Store Error Message Suddenly Started Plaguing Apple iOS Users Worldwide

A attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. Thomas Peter—Reuters. By Mahita Gajanan. 5:12 PM EDT. Apple has reported outages for the iTunes Store, the App Store and other systems after customers reported receiving error messages.
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Chinese investment in Los Angeles and US real estate plunged in 2017 on new restrictions

The DoubleTree by Hilton Hotel Los Angeles Downtown was one of the big local purchases last year by Chinese investors. (Jerome Adamstein / Los Angeles Times). Speculation that Chinese investments in U.S. real estate would plummet after Beijing enacted tighter regulations on outbound
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Viagra Just Turned 20. Here's How Much Money the ED Drug Makes

Pfizer hit chemical gold 20 years ago when the Food and Drug Administration (FDA) approved Viagra. But just how much has the “little blue pill,” the blockbuster erectile dysfunction and male libido treatment, raked in for the drug giant—and how might that business dynamic change as generic Viagra
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Two reasons to consider a variable-rate mortgage

The safe and sound choice in today's mortgage market is to lock down a rate for five years and let borrowing costs do what they may. That's how you should proceed if you're a nervous first-time home buyer or just holding things together financially as you renew. Everyone else, consider the variable-rate
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Facebook allows real estate advertisers to discriminate: suit

Wittingly or unwittingly, the social network run by billionaire Mark Zuckerberg has been helping landlords discriminate against women and other protected classes by letting landlords and real estate brokers exclude families with children, women and other minorities from receiving their housing ads,
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Franklin County deed transfers: March 4-10, 2018

CHAMBERSBURG – The following deed transfers, for March 4-10, 2018, are public record in the Franklin County Registers and Recorders office. All deed transfers, except conveyances between family members for a nominal amount, are published as a public service and as space is available.
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Refis Account for Smallest Portion of Mortgage Market in 20 Years

With mortgage rates rising, the refinancing area of the mortgage market is suffering, with refinancing accounting for the smallest portion of all home loans in the past 20 years. That's according to Inside Mortgage Finance, which told The Wall Street Journal that just 37% of the mortgage origination volume
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Homeowners have gained the highest amount of equity in four years

“Existing homeowners have largely seen their properties increase in value, helping to build equity,” said Len Kiefer, deputy chief economist at Freddie Mac. “In many parts of the country, home values have more than recovered from the Great Recession, reaching new nominal peaks and the share of
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Senior Housing Wealth Reaches $6.6 Trillion

Housing wealth for homeowners 62 and older grew to $6.6 trillion in Q4 2017, an increase of $149 billion in senior home equity over Q3, reports the National Reverse Mortgage Lenders Association today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index. Housing wealth
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Communities of Color Continues 'A Dialogue on Banking' Series Tomorrow in Worcester

Communities of Color will continue its statewide initiative “A Dialogue on Banking” on Wednesday, March 28 in Worcester at Clark University's Tilton Hall. The event is part of a statewide initiative being coordinated in partnership with the Massachusetts Joint Committee on Financial Services, the
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HARP Loans to Continue Outperforming Pre-Crisis Mortgages

According to a new report by Moody's Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis Freddie loans. The Home Affordable
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Sold: Average February sales, tax code effect still unclear

Local home buyers are taking note of the new tax code, but whether it will affect the Greenwich housing market remains unclear. “Buyers are talking about it, and many are figuring out that the tax code makes Greenwich more desirable. They're rethinking their purchases,” said Robin Kencel of Douglas
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Global stocks rebound amid waning trade war fears

In this March 26, 2018, photo, people walk in front of an electronic stock indicator of a securities firm in Tokyo. Asian shares are higher Tuesday, March 27, 2018, as news that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood. (AP Photo/Shizuo Kambayashi).
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Ensuring Veteran Lending is in Safe Hands

In other words, from a veteran's point of view, getting almost any other type of mortgage except the VA loan program makes no sense. However, this myth continues to survive because the majority of lenders do not understand how VA loans work and are simply less comfortable offering them.
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Foreign Buyers Starting to Drive Up Housing Prices in Quebec

Non-Canadian residents generated 1,307 property transactions in Quebec last year, representing 1 percent of all deals, finance ministry documents show. That's little changed from 2008, when they made up 0.8 percent of the total. Foreigners mostly purchased high-end properties, averaging C$559,000
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International Paper: Rare Opportunity

International Paper: Rare Opportunity

The recent sell-off in International Paper's (IP) stock has the company trading at a 22% discount from its 52-week high. The sell-off created a great buying opportunity for the stock since it is now trading at a discount to their competitors and as compared to the broader market. If you are looking for a
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Digital mortgages slowly making their way into servicing

Servicers are still trying to figure out how they can best take advantage of the growing use of electronic notes and other digital mortgage tools by lenders and the secondary market. Broader use of third-party data sources and automation to streamline origination processes creates new opportunities for
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Highland Park rejects real estate offices for Central Avenue storefront

The city of Highland Park has turned down a request for real estate offices to take over a vacant storefront in the core shopping district on Central Avenue. Members of the Highland Park City Council Monday preferred giving the recently downsized pedestrian shopping zone time to gain market
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Real estate turning to technological solutions: Interview Special

Scepanovic: From much revered and equally much-dismissed chatbots, attempts to apply blockchain thinking (currently relatively exclusive to the still puzzling in its instability world of cryptocurrencies) to real estate data storage, and to more mundane technologies (CRM, webinar production and
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MetLife's real estate investment manager grows portfolio

MetLife's (MET -0.4%) real estate asset manager, MetLife Investment Management, has seen its portfolio grow to $57B after adding $16B of new investments last year. The division grew its commercial-loan portfolio by $14B, and signed contracts on $2.1B in new properties. The unit was set up in 2012 to
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Brainstorm Health: Male Birth Control, GSK Novartis Deal, VA Secretary Shulkin

A recent study from University of Washington researchers (and funded by the National Institutes of Health) has rekindled hopes that a short-term male birth control pill may actually be viable. In an early trial, high doses of dimethandrolone undecanoate (DMAU) demonstrated hormonal changes that
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Upstart Seeks $100 Million, Testing VCs' Appetite for Online Lending

As many investors retreat from the online lending industry, Upstart Network Inc. is hoping to find investors still willing to bet on the business. Upstart, which was founded by Google veterans, is testing venture capitalists' appetite for an investment round of about $100 million, said two people briefed on the
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Vident Financial Launches REIT ETF

However, investing in real estate requires specific knowledge about a particular location. “If you ask for the three most important factors when investing in real estate, you'll probably hear 'location, location, location.' To this we'd add property type and leverage,” said Fred Stoops, head of real estate
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Mortgage Rates Surge

Mortgage interest rates on conventional purchase-money mortgages increased in February from the month prior according to data from the Monthly Interest Survey released by the Federal Housing Finance Agency (FHFA). The data indicated that the National Average Contract Mortgage Rate for the
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Miami-Based Investor Black Salmon Buys Indianapolis Office Tower for $70M

Black Salmon's general partner on the asset is REDICO, a real estate and investment firm in Michigan. Greenberg Traurig shareholders Ryan Bailine and Seth Entin represented Black Salmon in the deal. The transaction is telling of two trends — a steady appetite from high net-worth foreigners for
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Chinese sport supplier 361° named as title sponsor of World Men's Curling Championship

WCF claim the agreement strengthens their existing relationship with the company, who have been a partner of the governing body since 2011. They are also the current clothes supplier of the Swedish women's and men's national teams, who earned gold and silver medals respectively at Pyeongchang
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Freddie Mac Issues Monthly Volume Summary for February 2018

MCLEAN, VA–(Marketwired – Mar 27, 2018) – Freddie Mac ( OTCQB : FMCC) announced today that it issued its Monthly Volume Summary for Feb. 2018, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and
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Here's your first look at HW's 2018 Tech100

HousingWire's team of editors diligently studied and scored each entry, arriving at a consensus for our final list of 100 (which you will see in full very soon). This year's Tech100 features a broader landscape than previous years. Winners include heavy industry hitters and innovative disruptors (even
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Can You Skip a Car or Mortgage Payment?

Two federal government programs were founded in the aftermath of the 2008 housing market crash and global financial crisis and their goals are to help struggling homeowners. The Home Affordable Modification Program or HAMP assists homeowners who have missed payments and are in danger of a
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Tech Stocks Tumble Again in Sudden Wave of Afternoon Selling

Thanks to fresh blows to companies from Nvidia Corp. to Facebook Inc., the biggest industry in the S&P 500 Index dropped as much as 2.1 percent by 2:50 p.m. in New York, more than triple the next-worst performing group. The Nasdaq 100 Index slipped 1.2 percent, poised for its ninth decline in 11
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Ryan Zinke, Theodore Roosevelt, and the Racist History of Conservation in the US

Interior Secretary Ryan Zinke testifies before the Senate Energy and Natural Resources Committee March 13, 2018 in Washington, DC. Win McNamee / Getty Images. By Ellen McGirt. 3:58 PM EDT. I'm starting to think Interior Department Secretary Ryan Zinke isn't into diversity. Zinke, who may or may
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Higher mortgage rates not slowing home price increases in Denver

Higher mortgage rates and less favorable tax breaks for borrowers aren't slowing down home price gains this year, according to the S&P CoreLogic Case-Shiller National Home Price Index. Nationally, home prices were up 6.2 percent in January form a year ago, according to the index. The Denver
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PrimeLending Again Named a Best Workplace in Financial Services & Insurance by Great Place to …

DALLAS–(BUSINESS WIRE)–National home lender, PrimeLending, a PlainsCapital Company (NYSE: HTH) has been ranked 4th in this year's Best Workplaces in Financial Services & Insurance by Great Place to Work and Fortune. This is the fourth year in a row the company has landed in the top 10 in
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Central Bank of Oman eases curb on banks' lending ratios

The CBO said it has been decided that local inter-bank positions shall be allowed to be reckoned for lending ratio purposes. 'Accordingly, the commercial banks shall include borrowings/placements, if any, from other commercial banks in their deposit base and reduce lending/placements, if any, to/with
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Availability, interest, taxes, affordability drive the housing market

LOVELAND — Housing availability, rising interest rates, tax reform and housing affordability will all drive changes to the Northern Colorado residential market. Speakers at this morning's Northern Colorado Real Estate Summit laid out each of those drivers in a session titled “Market Movers (Residential).”
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The biggest risk to Deutsche Bank if John Cryan goes

The biggest risk to Deutsche Bank if John Cryan goes

What is happening at Deutsche Bank? Today's Times story suggests that not only has John Cryan lost the confidence of the board, but that the board has is busy selectingpotential candidates to replace him, one of which (Richard Gnodde of Goldman Sachs) has already turned the job down. This is not
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One Venezuelan Actually Chose to Come Back Home

Editor's Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a new series of short stories that seeks to capture the surreal quality of living in a land in total disarray. On the afternoon of Nov. 19, 2017, I walked off the plane at the Caracas international airport, strolled
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Condo and Luxury Sales Fuel Miami Housing Market

Miami existing condo sales experienced a fourth consecutive month of increases in February, rising three percent to 983 from 954. Last month's activity was credited to a surge in entry-level home sales: existing condo home sales in the $200,000 to $300,000 price range jumped 21.4 percent, from 220 in
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Department of Real Estate


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Gun-Control Movement May Be Headed Nowhere

I can't tell whether that is happening from reading and watching the news coverage of this debate. I do know that a lot of supporters of gun regulation, including journalists, are prone to wishful thinking. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its
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What are the UK's worst décor trends?

According to new research by online estate agents Hatched, when it comes to décor trends, Brits are a nation of interior design fanatics and have very … It's of no real surprise, however, that granite worktops are at the top of the popularity charts, and classic aspects such as this can add real value in
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Stewart Information Services Corporation (NYSE:STC) Sellers Increased By 0.07% Their Shorts

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services worldwide. The company has market cap of $1.04 billion. It operates through two divisions, Title Insurance and Related Services, and Ancillary Services and Corporate divisions
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Earthmoving Equipment Market: Growth Projections, Trends report and Industry forecast 2023

Increasing investment in real estate sector and adopting machinery on lease is stimulating industry revenue. Construction segment is driven by reconstruction and infrastructure development activities. It consists of material handling machinery such as cranes, trailers, crawlers, construction pumps and
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GE Jumps Most in Two Years on Speculation Buffett Will Buy Stake

For beleaguered investors, it was, if nothing else, a welcome reprieve from what's been a brutal 15-month stretch of grim news — from tumbling demand for GE's gas turbines to a probe of the company's accounting by the U.S. Securities and Exchange Commission. That's made GE the worst performer on
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Why This Chief Investment Officer Thinks Tesla 'Is on the Verge of Bankruptcy'

The new plan keeps Musk at Tesla until 2028 and promises up to $50 billion in stock option awards which will vest in increments if specific financial goals are met. Though Tesla's current $53 billion market value would have to grow to $650 billion for Musk to reap the full benefits of the compensation
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Real estate broker offers a different take on Fishkill Supply issue

Ashworth: If Continental Commons applies for a business investment exemption, it would shift the tax burden onto residential property owners. Reality: Commercial development reduces the overall tax burden for residential owners. In addition to paying real estate taxes, commercial real estate
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Home Prices and Mortgage Rates Up, Demand Down

Home prices are still going up, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which reported a 6.2 percent annual gain in January, down slightly from 6.3 percent in the previous month. The 10-City Composite annual increase came in at six percent, the same
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Fed's Bostic Has a Message on Cryptocurrencies: 'Don't Do It'

“Don't do it,'' Bostic told an audience in Atlanta Tuesday at the Hope Global Forums annual meeting, which promotes financial inclusion, young entrepreneurs and affordable housing. “They are speculative markets. They are not currency. If you have money you really need, do not put it in these markets.''.
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International Paper's Pursuit of Smurfit Kappa May Turn Hostile

(Bloomberg) — International Paper Co. isn't likely to back down in its play for Irish packaging manufacturer Smurfit Kappa Group Plc and could go hostile, … This includes Manipal Hospitals buying 20 percent stake from Fortis Healthcare and additional 30.9 percent stake from private equity investors,
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Waymo and Jaguar Team Up With 20000 Car Self-Driving Fleet

Waymo is teaming up with Jaguar Land Rover on autonomous vehicles, its second major automaker partnership and a big boost for the nascent technology that has come under scrutiny recently. Under the accord, Alphabet Inc.'s Waymo will integrate its self-driving system into Jaguar's I-Pace electric
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Home Prices Go Up, Up and Away …

Home prices continued to rise in January reporting an annual growth of 6.2 percent according to the latest S&P CoreLogic Case-Shiller Home Price Index that was released by S&P Indices on Tuesday. The index, which consists of the National Home Price NSA Index, A 10-City Composite Index, and a
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What Do Higher Interest Rates Mean? Part 1: No More Refis

Freddie Mac said last week that the average rate on a 30-year fixed-rate mortgage was 4.45%, up from 3.95% at the beginning of the year. Increased mortgage rates can hamper refinancing activity because many homeowners have rates that are already lower than what lenders can now offer. In other
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raceAhead: Ryan Zinke says "Diversity Isn't Important"

Interior Secretary Ryan Zinke testifies before the Senate Energy and Natural Resources Committee March 13, 2018 in Washington, DC. Win McNamee / Getty Images. By Ellen McGirt. Updated: March 27, 2018 3:44 PM ET. I'm starting to think Interior Department Secretary Ryan Zinke isn't into diversity.
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Deutsche Bank at WAR: Crisis hits German banking giant over boardroom row

Elsewhere at the bank, Deutsche's chief financial officer James von Moltke wanted a more radical restructuring that overhauled the firm's investment banking division. The German firm has already approached Goldman Sachs vice chairman Richard Gnodde to take over the chief executive role.
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Homes in Stark County: 'It's a seller's market' right now

The number of existing home sales reported and building permits issued for new projects indicate the housing market has recovered from the sharp declines brought on by the banking crisis in 2008. Over the past five years, the county has seen an average of about 417 permits issued per year for new
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JLL Spark acquires SaaS-based real estate asset management company Stessa

JLL Spark acquires SaaS-based real estate asset management company Stessa

SAN FRANCISCO, March 27, 2018 /PRNewswire/ — JLL Spark, a division of JLL (NYSE: JLL), today announced its acquisition of Stessa, a software-as-a-service (SaaS)-based real estate technology platform that allows investors in income properties to easily and cost-effectively track, manage and
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Palestinians From Gaza Armed With Grenades Caught Inside Israel

Israeli forces arrested three armed Palestinians who breached a border fence from the Gaza Strip and were caught 20 kilometers (12 miles) away, near a military base, the army said. Carrying hand grenades, knives and wire cutters, they were apprehended close to the Tze'elim base three days before
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How I got my first job in: Fashion Buying

A: My current job title is Buyers Admin Assistant at Topshop, which means I move around the different departments a lot and am able to get a feel for the different areas of Buying. I'm currently working on the international team, where we choose product for the stores all round the world. Daily tasks
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Angelina Jolie Is Dating a Real Estate Agent After Brad Pitt Split

A source reveals to ET that, “Angie has told some friends she isn't ready to date, but she has been seeing a handsome, older-looking man who is a real estate agent. He isn't a celebrity or high profile in any way.” Everyone loves a bit of Million Dollar Listing, right? Even though her new, older man isn't
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Zuckerberg Expected to Appear Before House Committee

The committee's Republican chairman, Greg Walden of Oregon, told Bloomberg Radio that Facebook officials who briefed his committee couldn't answer all of the members' questions. Zuckerberg will be under pressure to appear before other congressional committees, including the Senate Judiciary
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Commentary: Apple Actually Cares About Users' Data. Facebook Could Learn a Lesson.

On Sunday, Facebook admitted that it captures extensive call and text history for Android phone users. The company's stock is plunging, its executive team is reeling, and its user engagement is falling. All of this could have been prevented if Facebook had a coherent and comprehensive data policy to
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Countdown to tax day: 19 questions answered

1) Is the interest paid on a reverse mortgage deductible, like it is on a regular 15- or 30-year mortgage? —Jack [This question was answered at timecode 1:21 on the video player above]. Reverse mortgages allow for cash-strapped homeowners age 62 and older to tap into their home equity through a
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Qualcomm Fights Apple's Attempt to Move Battleground to UK

The saga of Apple Inc.'s war with Qualcomm Inc. over its lucrative use of patents has spilled into a U.K. court. But Qualcomm says their legal fight should stay firmly across the Atlantic. Qualcomm asked Judge Paul Morgan on Tuesday to declare the British court has no right to determine whether it
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Avant Founders Raise $15 Million for Blockchain Firm, Token Sale

The team that founded marketplace lender Avant Inc. raised about $15 million to start a firm that will use blockchain technology and digital tokens to motivate companies to share data about customer identities and credit worthiness. The venture, which is called Springcoin but does business as Spring
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US consumer confidence ebbs, house prices surge

Higher house prices are bolstering household wealth. But the house price inflation is being driven by an acute shortage of homes available for sale, which is hurting the housing market. “If we continue to see a steady stream of buyers and owners remain largely uninterested in selling, we can expect
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Bank of England considered bank capital buffer hike but waiting to watch risks

But the FPC also listed arguments for keeping the CCyB at 1 percent, including modest growth in lending, and it said signs of intensifying risk appetite would need to persist to justify an increase in the CCyB. More targeted options could be appropriate and the FPC stressed its preference of raising the
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Fleximize honoured at MoneyFacts Awards 2018

This marks the second win this month for the alternative lender, following its recent “Best Business Finance Provider” trophy from the prestigious British Bank … The winning rate comparison tool was launched back in 2017 to tackle the lack of transparency in the lending sector to ensure that SMEs get the
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US Weighs Use of Emergency Law to Curb Chinese Takeovers

The Trump administration is considering a crackdown on Chinese investments in technologies the U.S. considers sensitive by invoking a law reserved for national emergencies, among other options, according to people familiar with the matter. Treasury Department officials are working on plans to
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Realtors: Buyer confidence in housing market falls

The primary problem, according to NAR, remains a dearth of homes for sale at the lower end of the market. The most optimistic group tends to be older people, who currently own a home and live in the South and the Midwest regions, where home prices are more affordable. People who are under the
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Help Wanted: Netflix Movie Publicist. $400000 Including Options

Netflix Inc. has turned heads in Hollywood by spending billions of dollars to lure filmmakers and viewers from rival TV networks. But it's also frustrated competitors in a less-public way: by poaching talent and driving up pay. The streaming giant has lured scores of defectors by offering big increases in
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Waymo buying 20000 Jaguar electric SUVs for driverless ride-hailing service

For now, Waymo CEO John Krafcik said at the vehicle's introduction here ahead of the New York International Auto Show that driverless vehicle service will start using the existing fleet in a 100-square-mile section of Phoenix with plans to expand in the city. He wouldn't disclose what other cities may be
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Facebook Goes on a Hiring Spree for Washington Lobbyists

The company ranks third among top tech companies in Washington lobbying spending after Alphabet Inc.'s Google and Amazon.com Inc. and employs about 40 internal and external lobbyists. The company disclosed spending $11.5 million on lobbying in 2017, up from $8.7 million the year before.
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7 mobile banking apps tested

The advent of mobile banking has given smartphone users a way to avoid waiting in queues at their local branch and handle most of their banking needs wherever they are. A smartphone app is now a standard product for most commercial banks and microfinance institutions (MFIs) in Cambodia, and is
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Why the Stock Market Is Jumping After Its Worst Week in 2 Years

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, February 12, 2018 in New York City. Drew Angerer—Getty Images. By Lucinda Shen. 2:23 PM EDT. During its worst week in two years, the U.S. stock market, as measured by the Dow
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KBank waives fees for digital banking

Kasikornbank will waive fees for money transfers and bill payments through its internet and mobile banking channels from Wednesday to the end of this year. The eligible services are its most popular — money transfers across clearing zones, real-time interbank transfers, bill payments and refilling.
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