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Fortune, New York, New York. 1617065 likes · 29416 talking about this. For more FORTUNE: Web: http://www.fortune.com Twitter:…
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Ally Supports Dealer Portal as it Pushes Further Into Direct Lending

LAS VEGAS — Ally Financial Inc.'s President of Auto Finance Tim Russi believes the company's new partnership with white label car buying portal Drive Motors won't interfere with the lender's proprietary direct lending platform Clearlane, he told Auto Finance News. Earlier this month, Ally Financial Inc.
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Ask a real estate pro: House encroaches on utility easement – is this a problem?

If the encroachment still exists, check your title insurance policy, since it will cover the cost of repairing an encroachment that was not found at the time you bought your home. Be aware, though, that encroachments are often found before closing, and excited homeowners waive coverage because they
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Keep government out of housing market

You can go back as far as you want in history and find glaring examples of government meddling in real estate markets. Interfere with market forces and it always comes back to blow up in the faces of those who attempt to manipulate the market. Take the latest measures of the NDP government who
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Talk it out: Do you worry about security when using your phone to bank?

People aren't convinced mobile banking apps are secure though. In the survey, 42 percent of people with a mobile phone thought personal information is “somewhat unsafe” or “very unsafe” when banking on phones. Of the people who hadn't used a mobile banking app, 73 percent said it was because
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Is Buying FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA), Having Lower …

Moreover, Eubel Brady And Suttman Asset has 0.02% invested in Federal National Mortgage Association (OTCMKTS:FNMA) for 22,200 shares. … Federal National Mortgage Association-Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest
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Iran's housing market saw growth over last year

The latest statistics by the Central Bank of Iran indicate an 11.8 percent jump in the number of sales of residential apartments over the last fiscal year to March 20 in the capital Tehran, the country's largest capital market. According to the latest statistics by the Central Bank of Iran, 181,200 residential
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Aristotle Capital Management LLC Buys 357248 Shares of Mondelez International Inc (MDLZ)

The fund owned 6,203,594 shares of the company's stock after buying an additional 357,248 shares during the quarter. Mondelez International makes up about 1.8% of Aristotle Capital Management LLC's holdings, making the stock its 29th largest position. Aristotle Capital Management LLC owned
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TCU To Open Center for Real Estate

“Real estate professionals will be able to access research, data, and reports specifically for the DFW Metroplex,” TCU Neeley School of Business John V. Roach Dean O. Homer Erekson said in a statement. “For students, the center will support them to attend conferences, participate in case competitions
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Arizona's economy, growth, jobs ranked above national average

Arizona's other major metros offer a mixed picture regarding multifamily trends. • Commercial Real Estate: The Phoenix-metro commercial real estate market has been expanding in recent years in response to continued growth in local industries. From 2016 to 2017, the average office rent increased by
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Boarding School For Teachers

The idea is meant to tackle a two-pronged problem: lack of land for new housing developments in Miami's urban core, and the gap between typical public school teacher salaries and area housing prices. For now, the county is talking to the U.S. Department of Housing and Urban Development about the
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AG Shapiro: Redlining investigation to include credit unions, online lenders

It's not just the city's largest banks facing an investigation into claims of discriminatory mortgage lending policies. Pennsylvania Attorney General Josh Shapiro said Friday credit unions and online lenders will also be part of his office's investigation. “The issue of redlining concerns us a great deal,”
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Rocket Mortgage urged to pull ads from Fox show after host's remarks

Rocket Mortgage, an affiliate of Quicken Loans, is one of several companies under pressure to remove advertising from Fox News host Laura Ingraham's show after the conservative media host made a controversial comment picking on 18-year-old Parkland, Fla., survivor David Hogg for not getting into
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Bunny wants to create a crypto to bypass banks, make shopping for pornography anonymous

Bunny is the latest among thousands of companies piling into the vast unregulated market of cryptocurrencies, getting ahead of financial regulators and central banks to raise capital from investors who're eager to chase after the next bitcoin. There are 1,500 different types of cryptocurrencies in
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Financing a real estate purchase by combining a mortgage loan with an insurance product can …

This press release is not available in English. Please consult the French or Dutch site.
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The Hidden Cost Of Online Borrowing: Leaving The Banking Relationship Behind

In February, I reported on a new study that found that a company borrowing money in its own name is much more likely to thrive than a company that doesn't take on debt at all. But the result that most took me by surprise is that companies financed by personal debt (like a home equity loan or personal
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China's Dim Sum Market Revives With Biggest Sales Since 2016

China's offshore yuan bond market is having a renaissance as a stubbornly strong currency and improving liquidity overseas spur a surge in issuance. Dim Sum bonds were almost written off last year as sales plunged to a seven-year low amid increasing competition from Panda bonds (as onshore
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NZ a good place to buy phones, cameras, computers, coffee machines: Data

New Zealanders are getting a good deal on many of their home appliances, by international standards. New data from PriceSpy shows New Zealand was routinely among the least expensive places to buy phones, cameras, computers and espresso machines. Kiwi shoppers got a better price than those
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Palestinians Killed in Clashes With Israeli Army at Gaza Border

A view from across the border from the Gaza strip shows Palestinians participating in a tent city protest on March 30. Photographer: Jack Guez/AFP via Getty Images. A mass protest of thousands of Palestinians along Gaza's border with Israel, billed as peaceful by its Hamas organizers, erupted in
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Cornerstone Capital Management Holdings LLC. Buys 6696 Shares of International Paper Co …

The institutional investor owned 77,630 shares of the basic materials company's stock after buying an additional 6,696 shares during the quarter. Cornerstone Capital Management Holdings LLC.'s holdings in International Paper were worth $4,497,000 at the end of the most recent reporting period.
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SpaceX's Broadband-From-Space Plan Gets Final US FCC Approval

SpaceX's Broadband-From-Space Plan Gets Final US FCC Approval

Elon Musk's SpaceX won approval from the U.S. Federal Communications Commission to offer broadband service from space, using a constellation of 4,425 satellites racing around the Earth in low orbits. The action, approved in a 5-0 vote by FCC commissioners announced on Thursday, is the first
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Realtors® Housing Minute: A Video Recap of Market Activity in February

WASHINGTON, March 30, 2018 /PRNewswire/ — Existing-home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country.
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TD adopts nCino operating system for corporate, commercial lending divisions

TD Bank has become the nation's largest bank to adopt North Carolina-based tech company nCino's bank operating system across its corporate and commercial lending divisions in 2018 as part of a digital transformation. The first wave of TD employees, those within the equipment finance division,
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Axa Buys 18200 Shares of CAI International, Inc. (CAI)

CAI International logo AXA increased its position in shares of CAI International, Inc. (NYSE:CAI) by 107.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,200 shares of the transportation company's stock after purchasing
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Current Mortgage Rates Finish Down on the Week

Financial markets are not open today as they've shut their doors for Good Friday. It's positive news for borrowers today, though, as mortgage rates have improved this week. This makes right now a great time for anyone looking to refinance their current mortgage or purchase a new home to lock in a rate.
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Trez Capital Senior Mortgage Investment Corporation Announces 2017 Year-End Results

TORONTO, March 29, 2018 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today released its financial results for the year and quarter ended December 31, 2017. The financial statements and MD&A can be found at www.sedar.com or
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Commentary: How Rolling Back Fuel Standards Could Crush America's Auto Industry

A looming Trump administration decision could damage major American industries and put hundreds of thousands of American jobs at risk—and almost nobody is talking about it. I'm not talking about tariffs or trade agreements. Rather, I'm talking about the impending decision by the Environmental
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Subprime mortgage bonds are making a comeback

Subprime mortgage bond issuance has been almost nonexistent in the 10 years since those securities brought the world economy to its knees, but data from Inside Mortgage Finance show that the risky bundled loans are making a comeback in a big way. Financial Times reports that subprime mortgage
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When even the 'true' cost of your mortgage isn't true

As mortgage rates creep up, borrowers will naturally look to 'comparison rates' to help decide their next move. But even those numbers should be handled with care. 'Comparison rates' are one of the key decision-making tools available to help you find the best deal possible on a home loan. They add
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Bot Services Market Key Players, Industry Overview, Supply and Consumption Demand Analysis to …

… Development Channel, Websites, Contact Center and Customer Service, Social Media, Mobile Applications Bot Services Market Application Segment Analysis: BFSI, Retail and E-Commerce, Healthcare, Media and Entertainment, Telecom, Government, Education, Travel and Hospitality, Real Estate,
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Aristotle's entrepreneurial ethics

His firm, which used to make car engines, trucks and tractors, but now mostly represents foreign manufacturers (of cars, outboard motors, lubricants), has recently become a favorite among international investors. A few weeks ago, the Jersey-based hedge fund Brevan Howard became the third foreign
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NPR's Planet Money charts Mick Mulvaney's disassembly of payday lending regulations

Gage Skidmore; Former Upstate Rep. Mick Mulvaney got some tiny round glasses to go with his role as Trump axe man. During the Obama administration, former S.C. Congressman Mick Mulvaney proposed eliminating the Consumer Financial Protection Bureau altogether. During the Trump
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Investment fund buys Coney Island building for $23M

Real Estate Discovery Ventures, an investment fund, has purchased a retail building in Coney Island for $23 million. The company bought 2857 West 8th Street from an LLC called 2857 West 8th Street Associates, according to sources familiar with the deal. The signatory on the LLC is listed as Steven
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AFR to Offer Downpayment Assistance to Military and First Responders

American Financial Resources (AFR) has announced a nationwide downpayment assistance program geared toward first responders, military personnel and educators. AFR's The Advantage Program (TAP) will minimize closing costs and assist in the downpayment for homebuyers. The grants and
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Hundreds of new apartments rise as housing market tries to meet demand

A number of factors are at play in this boom in mid-level housing, said Jesse Saginor, an FAU professor who specializes in real estate market trends at the School of Urban and Regional Planning. Some of the more expensive luxury homes are taking no longer to sell, so “there is more demand for the
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North Central development agency becomes SBA community lender

NCMDC, the lending arm of the North Central Massachusetts Chamber of Commerce, announced Thursday the new designation as a SBA Community Advantage Lender. The Community Advantage Lender Program is aimed at businesses in neighborhoods where median income is at or below 80
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Peer-to-peer lending start-up Flender to announce €50m debt round

Flender, which bills itself as the “friendly crowd finance” company, went live with its online peer-to-peer (P2P) lending platform for small and medium-sized businesses just over a year ago and has helped Irish companies raise more than €1.28 million to date. Having secured more than £500,000 to fund
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Legal Notices, March 30, 2018

You are encouraged to investigate the existence, priority, and size of outstanding liens that may exist on this property by contacting the county recorder's office or a title insurance company, either of which may charge you a fee for this information. If you consult either of these resources, you should be
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Bill Maynard net worth: How much was the late Heartbeat actor worth? HUGE fortune revealed

BILL MAYNARD's net worth was said to amount to a substantial sum when he passed away today, March 30 2018. Most famous for his role in Heartbeat, Claude Jeremiah Greengrass was a multimillionaire when he died. By Francesca Specter. PUBLISHED: 17:02, Fri, Mar 30, 2018 | UPDATED: 17:02,
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Two Triad real estate firms rank among nation's top 500 largest brokers in 2017

Two Triad real estate firms made the REAL Trends 500 largest residential real estate brokers, ranked by closed transactions sides for 2017. Both are Keller Williams franchises. Keller Williams Realty in Kernersville ranked No. 419 with 2,217 sides (up 33.9 percent from 2016), and Keller Williams Central
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China consumer loan king Ant Financial hit by debt sale drop

China consumer loan king Ant Financial hit by debt sale drop

SHANGHAI • Billionaire Jack Ma's Ant Financial, the world's biggest fintech firm, may have a problem. Financing from an obscure part of the debt market that the company has relied heavily on for its key consumer lending business is drying up. It's sold only 22.8 billion yuan (RM13.92 billion) of
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Mortgage rates today, March 30, 2018, plus lock recommendations

This is very good for mortgage rates because they tend to follow Treasuries; CNNMoney's Fear & Greed Index rose 1 point to a reading of 8 (out of a possible 100). That's an improvement, but still about as fearful it gets. Moving into a more fearful state is usually good for rates. “Fearful” investors generally
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Dynamics of Competition in the Indian Banking Sector

Competition is supposed to make banks more efficient and stimulate financial innovation by opening up of new markets. Given the dynamic changes within the Indian banking system in the last two decades, the effect of the developments in the market on the competitive behaviour of Indian commercial
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Miami Has a Four-Year Backlog of Overbuilt Luxury Condos Amid Affordable-Housing Crisis

But simple “sale” data doesn't actually explain how the Miami real-estate market is designed to work. Census data from 2016 and 2017 shows that established Miamians are moving out of the city in droves because middle-class housing has become prohibitively expensive, according to the Miami Herald
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Technical Snapshots for Investors – Frank's International NV (NYSE: FI)

Investors rushed to trade on Frank's International NV (NYSE: FI) Thursday, soon after a drastic change of -0.73% in the share price was observed and the stock become able to close its trade at $5.43. The stock becomes active when traders or investors changed hands with 2,129,195 shares contrast to
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Reasons to be cheerful about the Yorkshire property market

I have long advocated that when a series of macro events coincide this can result in a short-term dampening of the housing market. I was therefore intrigued to note that an on-line estate agency's update to the City variously blamed the weather, Brexit and events in Salisbury for their modest first quarter
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Banking frauds more than double in last five years

In 2015, Punjab National Bank had accounted for 11% of total banking frauds, as per the RTI application filed by TOI. The same set of information was requested under RTI for the years 2016 and 2017, but RBI said 'bank-wise data on fraud is not available for disclosure in terms of section 28 of Banking
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Mortgage Industry Standards Body Launches Working Group to Boost Digital Document Integrity

The Mortgage Industry Standards Maintenance Organization hopes to improve the workflow of verifying digital documents in the industry through a new standard—and is launching a new working group to nail down the details. The process of moving mortgages to a more digital approach introduces the
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Do-it-yourself deeds can be costly

In 1952, grandma and grandpa deeded the property to mom and dad, who then obtained a title insurance policy insuring their ownership interest. In 1968, dad and mom quit claim deeded the property to mom and the two boys as joint owners with survivorship. This deed canceled the title insurance
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These 6 Industries Are Using Blockchain to Gain a Competitive Advantage

With home purchases, most people rely on title companies to verify real estate transactions and ownership. There has been much debate about how blockchain could solve this problem, but a recent Newsweek report detailing the example of a home title being issued on the Ethereum blockchain showed
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The Week Ahead: New interest-rate standard arrives

It is a daily poll of banks, asking them what they think would be the cost to borrow from each other without using any collateral. Those are unsecured loans, and fewer banks are conducting business like that. So the poll has become less accurate. And since it's a survey of expected costs, not actual costs,
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No home loan by 40? You may never get one

Bank insiders told The Saturday Telegraph current lending rules mean the average NSW wage of $82,466 a year may not be enough to pay off a standard 30-year home loan for someone in their late 30s or 40s. “If someone comes in aged in their 40s on an average wage with no assets and no money
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One Touch Video Chat and BlueRush Announce Joint Webinar on the Power of Video for …

TORONTO, March 30, 2018 (GLOBE NEWSWIRE) — BlueRush Media Group Corp. (“BlueRush” or the “Company”) (TSXV:BTV) is pleased to announce that it has partnered with One Touch Video Chat to deliver a webinar (April 4th 2 PM EST) on the importance of video in converting online mortgages.
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Deutsche Bank to Name John Thain to Supervisory Board

Achleitner has spoken with Juerg Zeltner, UBS Group AG's former wealth-management chief, about replacing Cryan, but the talks didn't go anywhere due to his lack of investment bank experience, a person with knowledge of the matter told Bloomberg News. Germany's Der Spiegel magazine reported
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East Bay real estate industry sorely lacks diversity, but there's 'light at the end of the tunnel'

Only a tiny percentage of real estate agents in the U.S. are people of color, and the same is true in Berkeley and the East Bay despite the relative diversity of the area, industry leaders say. Five percent of the country's 1.3 million Realtors are African-American, 5% are Asian and 9% are Hispanic,
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Rise in home prices largely due to rise of millennials

The U.S. housing market has enjoyed a strong surge in home prices since 2011. Nominal home prices, measured by the S&P CoreLogic Case-Shiller Home Price Index, are over 50 percent above the trough as of January. While the economy has seen moderate growth and the job market has tightened,
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SALT: Leverage Your Blockchain Assets to Secure Cash Loans

Lending is a hot area in fintech right now, with many different startups hoping to disrupt traditional financial institution lending programs through peer-to-peer platforms. Given that studies have shown that these lending apps can be manipulated in the interest of a borrower, a number of blockchain
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Bank expands local leadership team with new vice president of commercial lending

Ed Newton is the new senior vice president of commercial lending in Tampa. During his three-decade career in the banking industry, Newton has also worked for StoneGate Bank, the Bank of Tampa and SouthTrust Bank, according to a press release. He also serves as chairman of the Sunshine State
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Paying extra on a mortgage saves big bucks

In a nutshell, the idea is to both accelerate the pay-down of your mortgage balance and shorten your loan term by paying a little extra each month. The question is how to best accomplish the task. One option is to take advantage of your lender's biweekly payment plan, if they offer one. Another is to
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Peer to Peer Lending Market is Anticipated Significant Growth due to Earliest Adopters of Latest …

The 'Global and Chinese Peer to Peer Lending Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Peer to Peer Lending industry with a focus on the Chinese market. The report provides key statistics on the market status of the Peer to Peer
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Here's How To Keep Track of China's Space Station as It Plunges To Earth

Here's How To Keep Track of China's Space Station as It Plunges To Earth

People's Republic of China-manned spacecraft (Shenzhou) docking with space station (Tiangong) in Earth orbit. Erik Simonsen—Getty Images. By Chris Morris. 9:57 AM EDT. Tiangong 1 is coming home—though it's not going to be particularly welcome. China's dilapidated space station is falling back to
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Smugglers Caught Using Drones to Drop $80 Million Worth of iPhones Into China

Chinese customs officers have arrested smugglers who attempted to drop millions of dollars worth of iPhones from drones into China. Twenty-six suspects were arrested in China recently after they tried to use drones to fly two 660-foot cables from Hong Kong to Shenzhen, according to Reuters.
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3 Positive Changes a New CEO Might Bring for Lowe's Investors

Lowe's (NYSE:LOW) chief executive just announced plans to retire and make room for fresh leadership at the nation's second-biggest home improvement retailer. CEO Robert Niblock guided the company through the housing market collapse and the subsequent rebound that powered annual sales to
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Veterans Deserve Reforms, Not Politics

The firing of Veterans Affairs Secretary David Shulkin may seem like just another in the recent spate of executive-branch departures. But for his efforts to reform a vast bureaucracy and to better serve America's 20 million veterans, Shulkin will be sorely missed. He may have himself to blame for a host of
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Facebook's Former Employees Open Up About the Data Scandal

… backlash over its handling of user data, former employees are starting to air their hesitations and criticisms of the company they helped build. This week, Bloomberg Technology's Sarah Frier and Aki Ito hear from these former insiders to examine the mistakes that led to the company's crisis today.
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Under Armour Says 150 Million MyFitnessPal Accounts Hacked

Under Armour Inc., joining a growing list of corporate victims of hacker attacks, said about 150 million user accounts tied to its MyFitnessPal nutrition-tracking app were breached earlier this year. An unauthorized party stole data from the accounts in late February, Under Armour said on Thursday.
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Investors Title Company (ITIC) Trades at $199.90 After Triangle; Titan International, Inc. (TWI) Had …

Investors Title Company (ITIC) formed triangle with $191.90 target or 4.00% below today's $199.90 share price. Investors Title Company (ITIC) has $376.99 million valuation. The stock increased 0.45% or $0.9 during the last trading session, reaching $199.9. About 1,326 shares traded. Investors Title
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Investors return to prop up housing markets

The pace of price falls in Sydney's once-red-hot housing market has eased with values dropping only 0.3 per cent during March as banks loosen their purse … If the market were to pick up, regulators could introduce policies such as larger deposits for investors or more focus on verifying expenses and
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Landlords expect more rentals on market after new tax hits

Vacation properties of up to $400,000 are exempt. The tax targets speculators — those who are “treating our housing market like a stock market,” said Finance Minister Carole James. But critics say the tax is casting its net too wide, catching homeowners who are not professional speculators, but
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Bank of America to add 600 investment centers by 2020

Charlotte-based Bank of America Corp. (NYSE: BAC) announced Thursday its plans to open 600 more Merrill Edge investment centers across the U.S. by 2020. The investment centers will be added to new and existing BofA financial centers — bringing the total to 2,800 nationwide. As part of adding the
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Up to $160000 range in the size of a mortgage, depending on the bank

Bank mortgage “stress-testing” is resulting in dramatic differences in how much they will lend to home buyers. Banks, and other mortgage lenders, “stress test” mortgage applications by working out if borrowers could cope with rising interest rates, said Mike Pero Mortgages chief executive Mark Collins.
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Inside the bloody world of India's mafia loan sharks

Amid a haze of grief, daughters of a mother set ablaze by money lenders in a nondescript village in Uttar Pradesh now fear the worst: return of the alleged killers on bail. Suddu Singh and Sonu Singh, who are in the money-lending business for more than a decade, are now in jail but could get bail.
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Guilty verdict in real estate fraud trial involving Raleigh, Wake Forest, Cary properties

A Greensboro man has been found guilty of orchestrating what the feds are calling an “extensive bank lien theft scheme” in the Triangle – one that involved converting real estate sales into “valuable assets, such as gold and recording studio equipment.” A federal jury found Xavier Milton Earquhart guilty
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Banks deny claims of discriminatory lending in Philadelphia

Banks denied claims of modern-day redlining at a City Council hearing on Thursday, arguing that the data used in a recent report that found racial disparities in Philadelphia mortgage lending doesn't represent the full scope of their lending activities. “[The] data, by itself, does not tell the full story when it
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SLK Global adds vice president

SLK Global Solutions has hired John Sarris had as vice president, mortgage, the company announced. SLK said Sarris will focus on introducing lenders to company offerings designed to increase productivity, streamline operations and maximize profit. He will be responsible for SLK Global Solutions'
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MML Investors Services LLC Has $843000 Position in Valeant Pharmaceuticals International Inc …

Valeant Pharmaceuticals International logo MML Investors Services LLC raised its holdings in shares of Valeant Pharmaceuticals International Inc (NYSE:VRX) (TSE:VRX) by 15.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
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House flipping company Opendoor targeting $2B valuation

The house flipping company Open Door Labs Inc., which does business as Opendoor, is looking to raise at least $200 million from investors at a … It also helps secure mortgages and offers title insurance services. The company hopes its expansion will allow it to get more profits from its house flips.
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Six-figure differences between the amounts banks will lend home buyers

The mortgage broker did a survey of three big banks, and three non-bank lenders, using the example of a couple with a combined income of $130,000, a clean clean credit history, savings of of $100,000, and ongoing monthly expenses of $2,032, who were seeking a loan to be repaid over 30 years.
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Researchers Say Reverse Mortgages Deserve A Second Look

What's the deal with reverse mortgages? This question was addressed in a recent Housing Wealth in Retirement Symposium held on March 23, 2018, in Washington, DC. The event was co-hosted by The American College of Financial Services and the Bipartisan Policy Center. While the symposium
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Under Trump, a New Golden Age for Payday Lending

The rule, which among other things would obligate lenders to confirm that people can actually afford to repay their loans, was set to go into effect in January but was put on hold by the interim head of the CFPB, Trump appointee Mick Mulvaney. While the CFPB “reconsiders” the law, Mulvaney has
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These are the largest mortgage lenders in Greater Baltimore

These are the largest mortgage lenders in Greater Baltimore

This week's List takes a look at the companies that are giving out those mortgages. Wells Fargo Home Mortgage Inc. remains the largest mortgage lender in Greater Baltimore this year, with $554.64 million in local mortgages in 2017. The lender's average mortgage in 2017 was $278,576. Below, you
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Real Estate Investment Outlook

LOS ANGELES — Last month saw the first huge correction in the stock market since early 2016. Congress agreed on an expansionary spending path for 2018-19 and long-term interest rates increased to multi-year highs and are expected to increase this year. How will this play out in the real estate
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Cash-out mortgage refis are back. Will homes become ATMs again?

As of the fourth quarter of last year, the share of all refinances that were cash-outs rose to the highest since 2008, according to Freddie Mac data. Rates have churned higher since the presidential election in late 2016, though they spent much of 2017 reversing the immediate post-election surge.
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Head of CFPB Won't Sue in Payday Loan Collector Case

Mick Mulvaney, who serves as interim head of the Consumer Financial Protection Bureau (CFPB), has opted not to pursue a lawsuit against a payday loan collector, CNBC reported. He is also deciding whether he'll move ahead with possible lawsuits involved three other payday lenders. Mulvaney was
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Why It's Time To Add Commercial Real Estate To Your Investment Portfolio

One sector that is attracting strong inflows right now is the U.S. commercial real estate (CRE) equity and debt markets. Over the course of my career, I have been involved in the funding or acquisition of several billion dollars of real estate loans, currently as the founder of a CRE lender. I've learned and
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We answer your questions on affordable housing in Hillsborough County

We have good paying jobs here but the rental and housing market is still not within reach for many people,” she says. We took the top three questions being asked at the forum and got answers for them. Why aren't more affordable homes being built in Hillsborough County? Cheryl Howell, Affordable
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Does MGM Resorts International's (NYSE:MGM) PE Ratio Warrant A Buy?

MGM Resorts International (NYSE:MGM) trades with a trailing P/E of 10.3x, which is lower than the industry average of 21.6x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. Today
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Consumers crave automation in home-equity lending: JD Power

Banks have devoted a tremendous amount of time, money and effort into automating most retail banking services, but there is one area where they still seem to be stuck in the 1990s: home-equity lending. Compared to nuts-and-bolts banking services such as depositing checks, paying bills and applying
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Banking sector expected to be stronger in 2018

Maintain overweight: In our view, there were not much upside or downside surprises based on the release of Bank Negara Malaysia's (BNM) 2017 Financial Stability and Payment Systems Report. For 2018, we believe that favourable conditions such as receding household debt risks, ample liquidity and
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Four Traits To Look For When Hiring New Real Estate Agents

It would be easy to create a complete list of characteristics and qualities of the ideal real estate agent, but not only would that list be extremely long, the vast majority of those qualities and characteristics would be rather unimportant in the grand scheme of things. Real estate managers and leaders should
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Who is the wealthiest person from Kentucky? Probably no one you hang out with

It would be great if he were still alive, or at least a head in a jar, because he consistently used his fortune to aid the poor, fund education and the arts, and generally be a chill bro. But what about Kentucky? It's Brad M. Kelley, a Bowling Green native who owns Calumet Farm and owns Lonely Planet, the
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Could virtual reality change Miami's real estate industry?

Now the real estate industry is joining the VR craze. The national building contractor Suffolk Construction has opened a Smart Lab in its downtown Miami office, following other labs in New York, Los Angeles, Boston, San Francisco and Tampa. All opened over the last year. The lab uses technology such
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Senators urge CFPB not to repeal payday lending rule

The rule is designed to rein in predatory business practices by payday lenders. Payday loans, also called small-dollar loans, provide quick access to cash in exchange for full payment plus variable interest rates. Many borrowers use payday loans as a quick fix when ordinary living expenses get too
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ABA Calls for Flexibility from FASB as Libor Transition Commences

With the New York Federal Reserve beginning to publish the Secured Overnight Financing Rate — or SOFR — next week, the American Bankers Association today wrote to the Financial Accounting Standards Board in support of including the overnight index swap rate based on SOFR as a benchmark
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Recent Trends show that Monthly Rent in Ohio Increased by up to 13.28 Percent

Real Estate database firm Zillow declared Columbus the hottest apartment market in the nation in 2016. “While Columbus may not be on everyone's go-to list of hot markets, this college town is clearly undergoing an apartment building boom, and new units are going quickly,” said Svenja Gudell, Zillow's
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Walmart Said to Be in Talks With Humana to Provide Health Care

Walmart Inc. is in talks with health insurer Humana Inc. for a closer partnership to provide health care to consumers at home and prevent illness, according to a person familiar with the matter. Health-care spending accounted for about 18 percent of the U.S. economy last year, and continues to surge with
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Postmates Delivery Service Revives Dot Com Bust Era Business Niche

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. I'm feeling nostalgic these days. Maybe it's because the beginning of baseball season swells my heart with all those clichéd feelings of hope springing eternal. Perhaps like skeptical journalists
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These are the most expensive Texas lakes to buy a home off of in 2018, report says

Two of Houston's area lakes are in the top five most expensive waterside housing markets in the state, according to a 2018 report by Lake Homes Realty. When it comes to luxury homes near lakes, Lake Woodlands and Lake Paloma are the two Houston-area water bodies that land on the top five
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Data Sheet—Postmates Delivery Service Revives Dot Com Bust Business Niche

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I'm feeling nostalgic these days. Maybe it's because the beginning of baseball season swells my heart with all those clichéd feelings of hope springing eternal.
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Money laundering through real estate

Why is the real estate industry at risk? Real estate is an attractive target for those looking to hide the proceeds of crime. It allows large quantities of cash to be laundered in a single transaction, and the real estate sector has notoriously lax controls around money laundering. According to the Financial
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It is a great fortune that I have a musical family, says sound engineer Kaamod Laxman Kharade

It is a great fortune that I have a musical family, says sound engineer Kaamod Laxman Kharade

As I was interested in general science, structures and their intricacies, I pursued bachelors degree in civil engineering while also trying to make some music.It is a great fortune that I have a musical family who was alwayssupportive of my musical abilities and experiments. During my junior college days,
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Residential Real Estate Awards 2018: Meet Houston's top real estate agent by sales volume

Laura Sweeney is no stranger to HBJ's Residential Real Estate awards. She's made the lists over a dozen times, and this year she defended her No. 1 spot on the Top Residential Real Estate Agents by Sales Volume List. She yielded $120.35 million in sales last year, and, with an average home sale
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Council committee probes redlining patterns

Patterns of racial disparities in the home mortgage and lending industries in Philadelphia continue to come under intense scrutiny as officials call for increased transparency and accountability. “The system is broken,” Councilman Kenyatta Johnson said after listening to hours of testimony from panelists
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WB approves $145mn to provide housing finance to poor

ISLAMABAD: The World Bank (WB) Friday approved $145 million to expand home ownership including women and the poor through access to affordable housing finance in Pakistan. The Pakistan Housing Finance Project (PHF) will support Government of Pakistan's vision and strategy for housing
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How some borrowers can benefit in today's rising rate environment – by Michael Chase

Many banks, life companies and even Fannie Mae and Freddie Mac can offer borrowers some ability to lock in their rates for 60 to 90 days and remove interest rate risk during the closing process. For those looking further out, several life companies can help borrowers target favorable closing dates by
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Pengab banking sentiment grows in March

The macroeconomic forecast of the economic situation of enterprises and the country's economy m / m slightly increased, and the forecast of the economic situation of households m / m was revised. Six-month forecasts for all banking services markets are favorable,” said Marcin Idzik from Kantar TNS.
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Residential Real Estate Awards 2018: Here's the Houston Realtor with the most number of …

Patrick Burbridge of CitiQuest Properties has slowly climbed his way to the top of the Top Residential Real Estate Agents by Transactions List over the past few years. When Burbridge first made the list in 2016, he ranked No. 5 before taking second-place last year. This year, he claims the top spot with
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Community groups propose redlining solutions to Philadelphia City Council

Though blacks and whites represent similar shares of the population in the Philadelphia metro area, Reveal found white borrowers received 10 times as many conventional home loans as black ones. “There are some people who cannot afford to buy and simply rent,” Democratic Rep. Dwight Evans said
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Term Sheet — Friday, March 30

HOUSEKEEPING: I'll be in San Francisco next week, so my wonderful colleague Lucinda Shen will be compiling the deals below. This means that if you have a deal for Term Sheet, please send it to Lucinda at lucinda.shen@fortune.com. Thank you in advance! —. BOMBSHELL DEAL: Walmart is in
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David Warner's fortune is in jeopardy after cheating scandal

David Warner's fortune is in jeopardy after cheating scandal. Australia's brassy, swashbuckling batsman Dave Warner has ruffled feathers …. David's wife Candice especially enjoys the trappings of her husband's sporting fortunes. In February, she was spotted test-driving a bright orange McLaren sports
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ValuEngine Lowers McDermott International (NYSE:MDR) to Buy

Finally, Deutsche Bank decreased their price objective on shares of McDermott International from $9.30 to $8.30 and set a “hold” rating on the stock in a report on Thursday, February 22nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, six have given a buy
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Millennial banking habits are not so unique, after all

It's hard to make it through the day without seeing an article or a study comparing millennials to other generational groups. When it comes to banking, millennials aren't afraid to experiment with new products and features. There's plenty of diversity within this group, but they generally want tools that
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Reducing risk in small-business loans

FITCHBURG — A new federal designation will make lending money to small businesses less risky for the North Central Massachusetts Development Corporation, officials announced during a press conference Thursday morning. In practice, this means more money will be available to help new local
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Trump to Cite Cost, Safety for Auto Emissions Rollback, Sources Say

The Environmental Protection Agency already has concluded that the requirements, aimed at slashing greenhouse gas emissions, are too aggressive and need to be revised, Bloomberg News reported on March 23. Agency officials briefed California regulators on their conclusion earlier this week, even
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Bloomberg Markets: How Facebook Helps Shady Advertisers

Scott Galloway Professor:Marketing Leonard N Stern School of Business Discussing troubles for both Facebook and Amazon, which happen to be two of the companies featured in his book “The Four.” Alan Zafran Managing Director First Republic Investment Management Inc Discussing the markets and
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Is the Houston Open dying? Without a title sponsor, the 72-year-old PGA Tour event is on life support

More than 18 months after the tournament's longtime title sponsor, Shell Oil Company, announced it was severing ties with the event after 2017, tournament officials acknowledged they are no closer to finding a new lead sponsor. This year the event relied on several million dollars of funding from the
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ODDO BHF

Oddo et Cie is an investment bank of international recognition and one of the oldest French banks, founded in 1839 and located in Paris. The main services include: investment banking. equities and fixed income securities; corporate broking, mergers and acquisitions; capital markets; metal management
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Walmart-Humana Deal, Microsoft Reorg, Cathay Pacific Clothing: CEO Daily for March 30, 2018

… Satya Nadella revealed an overhaul of the company's org chart that aims to bolster its best-performing businesses (such as the cloud platform Azure and its business productivity suite Office 365) and deemphasize Windows. Nadella lieutenant Terry Myerson, who led the latter group, will retire. Fortune.
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Fannie Mae, Freddie Mac will begin issuing new uniform mortgage-backed securities in 2019

Freddie Mac has been using CSS operations for Data Acceptance, Issuance Support, and Bond Administration activities for single-class, fixed-rate, mortgage-backed securities since November 2016. CSS has been using the CSP to process roughly 1,000 new securities each month. It has also been
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Positive Media Coverage Somewhat Unlikely to Impact Capstead Mortgage (NYSE:CMO) Stock Price

Capstead Mortgage logo Press coverage about Capstead Mortgage (NYSE:CMO) has trended positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded
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Could FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Change Direction …

Could FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Change Direction …

Investors sentiment decreased to 0.43 in 2017 Q4. Its down 0.40, from 0.83 in 2017Q3. It fall, as 5 investors sold Federal National Mortgage Association shares while 2 reduced holdings. 2 funds opened positions while 1 raised stakes. 1.39 million shares or 4.77% less from 1.46 million shares in 2017Q3
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FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Stock Is Shorted Less

Lodestar Investment Counsel Limited Co Il has 0.01% invested in Federal National Mortgage Association (OTCMKTS:FNMA) for 30,000 shares. … Federal National Mortgage Association-Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest
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Florida college student to be deported after skipping class, buying 'sniper rifle' and dyeing hair: report

Wenliang Sun, 26, is scheduled to be deported after changing his appearance (pictured above before, left, and after) and buying a high-powered … A University of Central Florida international student who abruptly changed his appearance and called his high-powered weapon a “sniper rifle” will be
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Mortgage lending growth set to continue in UK in 2018 and 2019 but faces challenges

The report suggests that gross mortgage lending will reach £265 billion with net mortgage lending of £47 billion and remortgage activity will continue to be more buoyant than lending for house purchase, with total remortgaging reaching £94 billion, up 4.4% to reach 35.5% of total lending.
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Bank of China back in black, CCB profit also picks up

[SHANGHAI] Bank of China swung back into the black last year while China Construction Bank also joined the country's state-owned lenders in posting a profit pick-up on the back of an accelerating domestic economy. Bank of China, the country's main foreign exchange bank, swung from a near three
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P2P lending the new favourite of VCs

In the past year, Venture Capital funds betted big on peer-to-peer (P2P) lending and wealth management startups, in a departure from the previous trend of backing payments ventures. Over a quarter of total funding made by VCs in fintech sector went to the ventures involved in peer-to-peer lending,
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Coastal town where rental market is booming

FOR the first time in years, renters are lining up for Yeppoon properties that aren't even listed yet as the coast sees a surge in popularity. Principal at @ The Beach Real Estate, Barry Vale, can't keep up with the demand of renters and is calling on keen investors to throw their house up for rent. Mr Vale
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Marketplace Lending Update #2: Another Rocky Mountain Remand

Last week, Colorado courts issued several new rulings related to marketplace lending. First, the federal court in Colorado remanded another enforcement action brought by the Administrator of the Colorado Consumer Credit Code against Marlette Funding (“Marlette”),3 which had been doing business
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Volvo XC60 takes 2018 World Car of the Year title

The XC60 made it through to the final stage alongside the Mazda CX-5 and Range Rover Velar, and was selected as the winner by an international jury panel of 82 automotive journalists. “I am pleased to see our company's product investments paying off,” said Håkan Samuelsson, president and CEO of
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Hvac Services Market: Global and Regional Vendor Landscape, Disruption

… of this market is sluggish Chinese economy. The Chinese economy is experiencing a slowdown, which will have an adverse impact on the HVAC market. In 2015, the Chinese economy grew by more than 6% which is mainly because of the poor performance of the country's real estate sector and huge
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The Politics of 'Roseanne' Are Recognition and Empathy

It is a family sit-com, with the fundamental sweetness that typifies that genre. Its politics are the politics of recognition and empathy. It belongs not with Fox News but with ABC's other family comedies, including “Black-ish,” which enjoyed a big ratings boost from its powerful, new lead-in, and “Fresh Off the
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Puerto Rico Board Scolded by Lawmaker, Defied by Governor

And many island residents view the federal panel as an insulting expression of colonialism for an island ceded to the U.S. after a war with Spain. … average price of 44 cents on the dollar, the highest in nearly six months and up from about 21 cents in December, according to data compiled by Bloomberg.
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McCormick & Company, Incorporated Announces Cash Dividend

In fact, McCormick has raised its payout every year for the past 32 years, making it a Dividend Aristocrat—a title reserved for companies with at least 25 years of annual dividend increases. (Source: “Dividend & Split History,” McCormick & Company, Incorporated, last accessed March 28, 2018.)
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Ingraham Apologizes for Tweet Mocking Parkland Student After Sponsors Rebel

Last fall, Ingraham took over the 10 p.m. slot on Fox News. A staunch defender of President Donald Trump, she also is the co-founder of the conservative website LifeZette.com and an author of several books. Her talk-radio show is syndicated in 225 markets and distributed by Courtside Entertainment
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The Four Pillars of Foreign Investment

Regardless of what country you reside in, before you purchase overseas, you'll want to weigh several critical factors to take the temperature of foreign markets and rest assured that your investment is a smart and safe one. Here are four pillars to smart foreign investing, according to experts.
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Paine Rides Wheel of Fortune in the Wake of Ball-Tampering Scandal

It was not long ago that Australia wicket-keeper Tim Paine was considering giving up the game entirely. Now he is set to captain the team as they look to pick up the pieces following the ball-tampering scandal. Paine was a surprise, and in some quarters unpopular, pick for the Ashes against England
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Fix Dodd-Frank, but never again 'too big to fail'

The epithet “too big to fail” still sends a nightmare shudder. Back flood the memories of 2008, when the international bank Lehman Brothers fell apart and other supersized banks reeled from losses in the so-called subprime lending market. The biggest banks and non-bank lenders like AIG were on their
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Charleston area's 'spec' building boom accelerates, with no end in sight

“Charleston is a new market to many developers, and the returns are strong,” said Bob Barrineau, senior vice president of the commercial real estate firm CBRE Inc's Charleston office. “It's a rapidly growing port market with a diversifying base. Hard not to love the industrial opportunity in the market.”.
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Suburban housing market suffers from low inventories

John and Marilyn Wilwol raised five children at 180 Mansion Drive in Newtown Square and after 24 years, decided it was time to sell their four-bedroom home. So they listed the house for sale the first week of February and hoped for the best. The couple had already purchased a house in Rock Hall, Md.,
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Canola rises in wake of USDA report

Winnipeg (CNS Canada) – The ICE Futures Canada canola complex finished higher on Thursday, pushed up by a USDA report that surprisingly lowered the amount of soybeans that are expected to be planted in the United States. The market was also chopping around a bit as traders looked for safe
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Amazon Said to Sever Ties With Top Lobbying Firms in Washington

Amazon Said to Sever Ties With Top Lobbying Firms in Washington

The Amazon.com logo is displayed outside the company's fulfillment center in Kenosha, Wisconsin, U.S.. Photographer: Jim Young/Bloomberg. Amazon.com Inc. cut ties with Washington's biggest lobbying firm and brought on new advisers following passage of the tax overhaul bill last year and in the
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TSB to create new lending marketplace

The TSB bank has launched a Business Marketplace – allowing small businesses to easily compare financing options from a number of lenders in one place. Small business banking is dominated by the big banks that control over 90% of the market between them. Many small businesses only approach
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That Real Estate

Buy That Real Estate by CleanMagicAudio on AudioJungle. That Real Estate it's corporate, positive, inspiring, optimistic, background music. The track is ideal for real estat…
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Private companies spent $47K to send Surrey's mayor to real estate conference

A handful of private companies picked up most of the $58,000 cost to send Surrey's mayor and three city staff members to a real estate conference in the south of France earlier this month. Linda Hepner was invited to speak at Les Marche International des Professionnels de l'immobilier (MIPIM) 2018 in
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Centier Bank Makes Promotion, Appointments

Tom Lannan (pictured) has been appointed mortgage market manager and assistant vice president serving the Carmel and Greenwood areas. He has more than 30 years of experience in the financial industry. Lannan is a member of the board of directors for the Irvington Community Schools, along with
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Public housing upgrades expected to start in June

The project is being funded through several different tax-credit programs, Arkansas Development Finance Authority tax-exempt bonds, the housing agency's capital improvement funds and tax-exempt loans from the Federal Home Loan Mortgage Corp., or Freddie Mac. Construction at the Fred W. Parris,
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One of India's top bankers is embroiled in nepotism allegations

One of India's best-known banking executives, Chanda Kochhar, is caught in the midst of a raging controversy involving favouritism over loan disbursement. The managing director and CEO of India's second-largest private sector lender, ICICI Bank, has come under pressure after a blog containing a
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Chinese e-commerce giant JD.com to list overseas apartments

… comes as China makes a series of reforms to loosen its capital controls and open the country up to more foreign investment. Juwai, which has seen a 10 per cent pick up in Chinese buying inquiries this month, expects an increase in Chinese international property buying if the capital controls continue
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SoftBank Edges Closer to Buying Stake in Swiss Re Valued at $9.6 Billion: Sources

France's Axa SA this month agreed to buy XL Group Ltd. for $15.3 billion in cash to capture a bigger slice of the U.S. property and casualty market, while American International Group Inc. in January decided to buy the Bermuda-based reinsurer Validus Holdings Ltd. for $5.56 billion in cash. Swiss Re's
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Washington Real Estate Investment Trust (WRE) Stock Mix Thrust in Focus on Volatility Analysis

Washington Real Estate Investment Trust (WRE) stock price recognized downward trend built on latest movement of 200 SMA with -14.18% during the course of recent market activity. This trend discloses recent direction. The up-to-date direction of 200 SMA is downward. When the price over the last 200
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Singapore bank lending edges up in February

SINGAPORE – Bank lending in Singapore rose slightly in February from the previous month, reversing January's dip, according to preliminary data from the Monetary Authority of Singapore on Thursday (March 29). Loans through the domestic banking unit – which tracks lending in all currencies, but
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Declining Branches and Subpar Digital Banking Frustrating Consumers

According to a recent survey, commissioned by D3 Banking Technology and conducted online by Harris Poll, only about half of Americans (54%) used online banking once a week or more over the past twelve months, and a mere three out of ten (30%) used mobile banking as frequently. The survey also
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January Reverse Mortgage Data Shows Continued Post-Oct. 2 Bump

A pair of new reports on January reverse mortgage endorsements reveal that the bump in volume ahead of the October 2 rule changes continued to pay dividends into the new year. Home Equity Conversion Mortgage originators — including Federal Housing Administration-approved firms and their
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OCEAN BANK BECOMES OFFICIAL BANKING PARTNER OF MIAMI MARLINS

MIAMI, March 28, 2018 (GLOBE NEWSWIRE) — The Miami Marlins and Ocean Bank announced today the bank has become the team's “Official Banking Partner” and features Ocean Bank as the entitlement partner of the Blue Quadrant at Marlins Park, which includes major signage at Marlins Park,
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Managing the New Online Reverse Mortgage Advertising Landscape

While word of mouth is often touted as the best source of reverse mortgage business, originators large and small agree that advertising is also a necessity — particularly among a target demographic that is increasingly consuming information online. But as the number of consumers getting financial
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Trump's US-South Korea 'Great Deal' Isn't Much Different From the Existing One

President Donald Trump is hailing the revised U.S. free trade agreement with South Korea as a “great deal” and a critical first step toward more favorable treatment of American products around the world. Yet the revamped U.S.-South Korea accord unveiled earlier this week isn't much different from the
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Housing market still strong as interest rates remain low

February housing data recently released by the Grosse Pointe Board of Realtors indicates the housing market in Harper Woods and Grosse Pointe continues to be strong as interest rates remain low and demand strong. The combination of low mortgage rates, an abundance of companies interested in
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Hasbro's CEO Is Trying to Explain Why 'Last Jedi' Toy Sales Were So Lukewarm

Chief Executive Officer Brian Goldner says the company made an error by releasing toys too far ahead of the franchise's most recent movie, “The Last Jedi.” That contributed to disappointing sales of the products during the holidays — a season that was already hurt by the bankruptcy of Toys “R” Us Inc.
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Top regulator warns against 'serious policy mistake' in the bipartisan Senate banking bill

A top bank regulator issued a criticism of the bipartisan Senate bank bill Wednesday, saying one contested provision would constitute a “serious policy mistake.” Speaking at an event on banking in downtown Washington, Federal Deposit Insurance Corporation vice chairman Thomas Hoenig warned
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Forsyth remains on positive side of home affordability index

An estimated home-payment amount factored in a 3 percent down payment, a 30-year fixed-rate loan with the average interest rate from the Freddie Mac primary mortgage market survey, and related property and mortgage insurance costs and property taxes. For several other counties in North Carolina,
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How Banks Targeted African-Americans With Predatory Mortgages

How Banks Targeted African-Americans With Predatory Mortgages

For decades, some banks systematically refused to lend to African-Americans with good credit, forcing them to predatory subprime mortgage lenders. On discovery of this tactic, the government pushed…
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Facebook Is Making Big Changes to Its Relationship With Data Brokers

Facebook is placing new limits on the data it shares with data brokers—companies like Acxiom and Oracle Data Cloud, which compile dossiers on consumers so as to make it easier for advertisers to target them with appropriate pitches. Relatively few people are aware of how these shadowy companies
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REAL Trends 500 Report Ranks Nation's Largest Real Estate Firms

CASTLE ROCK, Colo., March 29, 2018 /PRNewswire/ — REAL Trends, the trusted source for news and research about the real estate brokerage industry, announced the results of the 2018 REAL Trends 500, an independently verified compilation of the nation's leading residential real estate companies.
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Mortgage lending to hit new record, despite Brexit uncertainties: Imla

Mortgage lending is forecast to reach the highest level since the financial crash of 2007 despite Brexit uncertainties, according to the latest annual market review from the Intermediary Mortgage Lenders' Association. If its predictions are correct, 2018 will see the eighth year of mortgage lending growth.
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UK house price growth unexpectedly slows to 7-month low: Nationwide

LONDON: Annual house price growth in Britain cooled to a seven-month low in March, mortgage lender Nationwide said on Thursday, adding to signs of … Prices fell on the month by 0.2 percent, following a 0.4 percent drop in February — again undercutting all forecasts in the Reuters poll that had
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TABLE-Hong Kong's Feb drawndown mortgage loans fall 23.3 pct m/m

HONG KONG, March 29 (Reuters) – New mortgage loans drawn down in Hong Kong totalled HK$21.1 billion in February, down 23.3 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday. Following is the breakdown of data from the authority: 2018 2018 Feb Jan
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The top residential real estate brokerage in the US is still NRT

New Jersey's NRT LLC, a subsidiary of Realogy, once again took the crown on the 2018 REAL Trends 500 list of the top 500 residential real estate companies in the United States. The annual list ranks brokerages and residential real estate companies by transactions. To make the cut for this year's list,
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Bank finds new home base in Powhatan

With its new branch under construction up the road, a local bank has found a new, separate home for its back office, while also dipping its toe for the first time into residential mortgage lending. New Horizon Bank in Powhatan earlier this month purchased a 9,000-square-foot office building that will serve
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Bumble Is Suing Tinder Parent for Stealing Trade Secrets Under the Guise of Acquisition Talks

Bumble filed its own lawsuit on Wednesday, according to TechCrunch. The legal action is not direct a response to Match Group's initial lawsuit. (Bumble has already issued a response in the form of a letter, which was also published as a full-page ad in The New York Times). Rather, the Wednesday suit,
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Swiss Re Jumps as SoftBank Is Said to Eye $9.6 Billion Stake

Bloomberg's Pavel Alpeyev reports on SoftBank edging closer to a deal to buy a stake in Swiss Re AG. Swiss Re AG jumped after people familiar with the matter said Japan's SoftBank Group Corp. is edging closer to buying a quarter of the company, valuing the reinsurer at as much as 37 billion francs
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Mortgage lending growth to continue despite Brexit uncertainty: IMLA

The Intermediary Mortgage Lenders Association has forecast that gross mortgage lending in 2018 will rise for the eighth year in a row to reach its highest level since 2007, with falling inflation underpinning Brexit uncertainties. It predicts that gross mortgage lending will reach £265 billion with net
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List analysis: Lack of inventory slows mortgage lending business

It was a seller's housing market in Wichita in 2017, one of the only things holding the mortgage lending business back. “There's been a lack of inventory, which has unfortunately been very consistent,” says Jack Ronen, a senior vice president and residential lending manager for Fidelity Bank. “The other
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Boeing Hit by Cyberattack, Says Jetliner Production Not Affected

Boeing Co. said it was hit by a cyberattack, following a Seattle Times report that some manufacturing equipment used to build its 787 Dreamliner and newest 777 wide-body jets could be crippled. Aircraft production and deliveries aren't affected, the Chicago-based planemaker said Wednesday.
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Liquidity, bank lending growth picks up in Feb

Money supply and bank lending both grew faster in February, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday. Domestic liquidity or M3 expanded by 13.5 percent year on year to P10.724 trillion, up from January's 12.8 percent. Month-on-month and seasonally adjusted, M3 increased by
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S'pore luxury homes still in demand among foreigners

THE housing market recovery is, by now, firmly entrenched. After almost four years of tepid growth brought on by a series of cooling measures and a sluggish economy, housing unit sales and land prices have rebounded strongly since mid-2017 . The cooling measures remain largely in place despite
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Housing market remains stable as northern house prices see 'mini boom': Nationwide

UK house price growth remained broadly stable in March at 2.1%, just slightly below the 2.2% recorded the previous month, according to the latest Nationwide house price index. London was once again the weakest performing region, with house prices down 1% year-on-year. House prices fell by 0.2%
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UK house price growth unexpectedly slows to seven-month low – Nationwide

“Housing market activity is expected to remain lacklustre as the extended squeeze on consumer purchasing power only gradually eases, confidence is fragile and appreciable caution persists over engaging in major transactions,” Howard Archer, economist at the EY ITEM Club, said. “Potential house
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Renault and Nissan Are Said to Be Considering a Merger

Nissan and Renault company logos outside a Renault SA automobile dealership in Albi, France, on Jan. 15, 2016. Balint Porneczi—Bloomberg/Getty Images. By Bloomberg. 5:28 AM EDT. Renault SA (rnsdf, -1.42%) and Nissan Motor (nsany, -1.70%) are in talks to merge and create a new automaker
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The Mortgage Professor: Finding the best deal on an HECM reverse mortgage

I recently realized, however, that with reverse mortgages, it was more meaningful to focus on the amounts that borrowers receive in the diverse ways in which reverse mortgages can be used. That is my approach here. Each week, nine reverse mortgage lenders update their prices to my website, which is
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Fox News Host Laura Ingraham Ridiculed a Parkland Student's College Rejections. Now He's …

If David Hogg has anything to do with it, Fox News host Laura Ingraham may soon be wanting for advertisers. The Parkland school shooting survivor, who's become an outspoken advocate against gun violence since the February massacre, called on his more than 595,000 Twitter followers late
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Britain extends EU banking passport

Britain extends EU banking passport

Britain's financial regulators have extended the City passport for European banks until the Brexit transition period ends in 2021, challenging European supervisors to follow suit and let the sector put contingency plans on hold. The Bank of England and the Financial Conduct Authority said that European
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Snail Games Finally Unveiled ARK Park VR Title At GDC 2018

The developers at Snail Games have taken advantage of VR's relatively rapid growth to create a new title called ARK PARK which was recently shown at GDC 2018. The game is a spin-off from the company's ARK Survival Evolved franchise and takes advantage of the technology to allow users a
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DocuSign Is the Latest Tech Unicorn to File for an IPO

DocuSign's new CEO Daniel Springer shepherded marketing software firm Responsys through its IPO and lets its $1.6 billion sales to Oracle in 2014. © Gary Parker 2017 © GaryParker.com 2017ALL RIGHTS RESERVED except as graned to client, Docusign, per contractual agreement. By David Meyer.
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$0.47 EPS Expected for Changyou.com Limited (CYOU); Investors Title Co (ITIC)'s Sentiment Is 1.36

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company has market cap of $375.29 million. It underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance
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Toronto's Tale of Two Markets Is Hot Condos and Cold Houses

After a decade as one of the world's hottest housing markets, Toronto is moving in two directions. Transactions have certainly cooled since May as the government introduced new rules to tame runaway prices. But the impact has been largely on big, expensive detached homes, with sales plunging 41
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Two Koreas Set April 27 for Kim Jong Un's Historic Walk South

Kim Jong Un could become the first North Korean leader in history to enter South Korea in just over four weeks, when he steps across the heavily fortified border for a summit with President Moon Jae-in. The April 27 meeting on the southern side of the demilitarized zone will be the first between leaders
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Mortgage Loans, Risky Lending, and Crisis

The link between the loan market and the housing market that works through mortgage loans is critically examined. Repayment of such mortgage loans depends on the future earning potential of the borrowers, which in turn depends on the overall state of the macroeconomy. Under buoyant
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Forget JPMorgan, The World's Best Bank Is A Much Stronger Buy Today

The Financial Crisis devastated many US banks, leading many investors to consider them “financial black boxes” to be avoided. However, the US banking industry has changed a lot since those dark times, and today many large US banks have strong prospects and fortress-like balance sheets.
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Morning Coffee: The new most precarious jobs in banking? JP Morgan and the STEM students

Maybe James Gorman was right? Back in January, Morgan Stanley's boss cautioned against joining European banks on Wall Street because, he said, they have a history of expanding in the U.S. only to retreat again later. That dynamic may now be playing out at Deutsche Bank. This time last year, the
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Renault and Nissan Is All About the Politics

Merging two listed companies to create one with a single listing is bread-and-butter stuff for investment bankers. Doing so with Renault SA and Nissan Motor Co., which Bloomberg News says is under discussion, would be nothing short of revolutionary. For once, the bankers are really going to earn
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The World's Biggest Solar Project Comes With a 'Batteries Included' Sticker

“In a number of markets, you are seeing customers seeking a greater deal of control.” By the end of 2018, it's possible that U.S. utilities may be asking for batteries on every solar project proposed, said Ravi Manghani, an energy analyst at GTM Research. That would mean the country is about to embark
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Barclays to suspend online services while it splits bank

Barclays' online and mobile banking services will be unavailable this weekend, as the bank temporarily switches off access for 24 million customers to meet regulations designed to avoid taxpayer bailouts. Throughout the night from 11.30pm on Saturday until 3.30pm the following afternoon on Easter
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Andrea Hibler joins First Federal as lending manager

andrea-hibler-copy Andrea Hibler has joined First Federal as lending manager at the Treasure Valley First Federal lending office. Hibler has 22 years of lending experience and specializes in all types of mortgage lending, from construction lending to first-time homebuyers. 5:00 am Thu, March 29, 2018
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A Lost Decade

Its collapse was among the sparks that lit the financial crisis and imminent collapse of the huge housing Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac. Fannie and Freddie ended up in conservatorship by the Federal Housing Finance Agency (FHFA) and virtually every
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What the interest rate cut means for homeowners, buyers

In this Friday, Feb. 23, 2018, photo a for sale sign stands in front of a house, in Walpole, Mass. Freddie Mac reports on the week's average U.S. mortgage rates on Thursday, March 15. (AP Photo/Steven Senne). Cape Town – The Reserve Bank decided on Wednesday to cut its repo rate by 25 basis
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UK house prices fall for second month, with London weakest region

Gardner said: “Looking ahead, much will depend on how broader economic conditions evolve, especially in the labour market, but also with respect to interest rates. Subdued economic activity and the ongoing squeeze on household budgets is likely to continue to exert a modest drag on housing market
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Albemarle Supervisors Ask WV Governor to Pay Real Estate Taxes

West Virginia Governor Jim Justice owes Albemarle County almost $150,000 in tax money, and supervisors are asking him to pay up. James C. Justice Companies owns the 4,500 acres of land off Buck Island and Martin Kings Road. It has not paid real estate taxes on the land for 2016 and 2017.
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Air India sale: Who'll buy debt-laden carrier?

The government has waived some of the criteria for existing Indian airline operators to make bids – relating to net worth and recent profitability – so long as they bid as part of a consortium. Qatar Airways was another international airline linked with buying a stake in Air India, but it has since denied any
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Women and Wealth – Why it matters and what can private banks do?

Only 2% of private banks globally think of women as a distinct client segment. And that is precisely why I am standing here, so you do not lose out on this opportunity.” Raftell explained that it is somewhat trite to think of wealthy women just as divorcees, widowers, or young entrepreneurs. “It is rather more
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Study finds typical LIer earns less than half what it takes to buy a home

The report used weekly wage data from the federal Bureau of Labor Statistics, as well as figures from mortgage giant Freddie Mac and sales records to compare home prices with incomes for 446 counties across the country, assuming buyers made down payments of 3 percent and paid typical mortgage
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