Explainer: How will GST on online purchases affect me?

Explainer: How will GST on online purchases affect me?

The Government is introducing goods and services tax (GST) on all overseas purchases, which means you'll probably be paying 15 percent more for The Very Hungry Caterpillar on Book Depository. But, honestly, for most things, it will probably still be cheaper to buy from online giants – they have huge
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BRIEF-Amad For Investment And Real Estate Development Q1 Profit Rises

BRIEF-Amad For Investment And Real Estate Development Q1 Profit Rises. Reuters Staff. 1 Min Read. April 30 (Reuters) – AMAD FOR INVESTMENT AND REAL ESTATE DEVELOPMENT CO: * Q1 NET INCOME 140,076 DINARS VERSUS 80,746 DINARS YEAR AGO Source: (bit.ly/2HZYcFn) Further
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Study: Houston among top 10 cities for highest rates of denied mortgage applications

The American Dream of buying a home can be quickly crushed with the denial of a home loan — and it turns out Houston is a city where that rejection rate is pretty high. Houston-area mortgage applications are denied at a rate of 9.07 percent, the ninth-highest out of 50 cities in a study by LendingTree
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Mining and employment: community struggles in Tunisia and South Africa

For the past 20 years, every year in Cape Town, South Africa, governments, investors, and mining companies meet in the annual Africa Mining Indaba to network and discuss developing mining interests in Africa. The development that is aimed for here is one where African officials meet international
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China Lending Corporation Announces Fiscal Year 2017 Financial Results

BEIJING & URUMQI, China, April 30, 2018 /PRNewswire/ – China Lending Corporation (“China Lending” or the “Company”) (Nasdaq: CLDC), a leading non-bank direct lending corporation servicing micro, small and medium sized enterprises (MSME), currently underserved by commercial banks in
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Will AI Lead to Open Banking in North America?

EXCLUSIVE— As open banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, North American financial institutions might want to consider looking to blockchain or artificial intelligence for their own compliance challenges. This is according to
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Alexandria Real Estate Equities: 1Q Earnings Snapshot

(AP) _ Alexandria Real Estate Equities Inc. (ARE) on Monday reported a key measure of profitability in its first quarter. The results surpassed … The Pasadena, California-based real estate investment trust said it had funds from operations of $162.5 million, or $1.62 per share, in the period. The average
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William L. Dawkins Named Triangle Market President

“Having competed against Bill in the Triangle market for years, I know his strong ties to the area and relationships will help Union, doing business as Xenith, build out its presence in the area as we embark on expanding our commercial banking effort in North Carolina,” said John Stallings, President of
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Redwood Trust inks deal with 5 Arches to grow single-family rental loan business

“Capital needs in this still emergent sector of housing finance continue to rise, and through our partnership with 5 Arches, we have the opportunity to address this demand while creating significant growth potential and accretive investments for our portfolio.” 5 Arches CEO and Co-founder Shawn Miller
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UPDATE 2-Cautious companies curb profits at Sweden's SEB bank

“We believe it (the housing market) might go down somewhat more, but that we're beginning to reach the bottom,” said Torgeby, adding mortgage lending in Sweden grew at around 4 percent in the first quarter. As a result, SEB's net interest income, which includes income from mortgages, rose to 4.99
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Best Mortgage Lenders 2018 Ranks Wesley Ryan Grubbs of The Cooksey Team as the No. 1 Loan …

ADDISON, Texas, April 30, 2018 (SEND2PRESS NEWSWIRE) — The Cooksey Team, a top producing retail branch of Mid America Mortgage, Inc., announced today that its loan officer (LO) Wesley Ryan Grubbs has been ranked No. 1 in Flower Mound, Texas, based on total number of loans closed in
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Japan's Recruit Group, others invest in online lending startup Rubique

Rubique, a Mumbai-based online marketplace for financial products, has raised an undisclosed amount in a funding round led by Japan's Recruit Group and Russian venture capital firm Emery Capital. Asset management firm Blacksoil and existing investor Kalaari Capital also participated in the round.
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Dow poised to rise and lock in a monthly gain on Merger Monday

… to a rise at the open Monday, keeping the Dow Jones Industrial Average on track for an April gain with one session left to the month. Traders will be reacting to Sprint Corp. and T-Mobile US Inc.'s planned merger, as well as to economic reports, with releases on inflation and the housing market on tap.
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HS1 targets direct London-Bordeaux rail route

The firm says it is in talks with three other international rail operators along the proposed route – Lisea, Eurotunnel and SNCF Reseau – which could take advantage of a new 302km high-speed line between Tours and Bordeaux. The companies are working on pre-planned and agreed timetable slots
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UAE real estate firms urged to hire more Emiratis

Real estate and construction companies in the UAE are being urged to allocate more jobs for Emiratis as part of efforts for the private sector to recruit more locals. The call came as Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, discussed with 60 real estate developers and
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Global Automotive Lamp Housing Market By Manufacturers, Sales, Market Analysis and Forecast …

The recently published report titled Global Automotive Lamp Housing Industry 2018 Market Research Report is an in depth study providing complete analysis of the industry for the period 2018 – 2025. It provides complete overview of Global Automotive Lamp Housing Market considering all the major
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Carer who guided pen of dying millionaire as he signed over half his fortune to her stripped of …

A carer who steered the pen of a dying millionaire as he signed over almost half his fortune to her family has been stripped of her windfall by a judge. Donna Henderson “guided the hand” of retired London banker Marcel Chu as he lay on his death-bed, to make out a will handing almost half his
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Two Stocks Seeing A Clear Path Ahead: Philip Morris International Inc. (PM), Organovo Holdings …

For Philip Morris International Inc. (NYSE:PM) Friday was another day of strong-handed buying, with the low volume day punctuated by a rise from previous close. Trading activity stretched to 6.58 million shares from the 90-day average tally of 6.64 million shares per day. The price at the open on
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Dysmenorrhea Treatment Market 2018 to 2023 – Promises a Significant Fortune with approximate …

Market Research Futures Added a Latest Report “Dysmenorrhea Treatment Market” with Latest Advancement and covering all the Regions with Competitive Players. This Report is published in April 2018 with 80 pages and Full TOC. – And Worldwide Forecast to 2023. Market Highlights: Pain during
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This startup wants to create a merchandising and banking cryptoeconomy

Last year ecommerce sales tallied $2.3 trillion worldwide with revenues tipped to grow to $4.88 trillion by 2021. The market is only growing but it is still fraught with issues like certain marketplaces having too much dominance and high transaction fees, which all work against smaller retailers and
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TSB: MPs set to grill TSB bosses over online banking meltdown

TSB: MPs set to grill TSB bosses over online banking meltdown

Up to 1.9 million people using TSB's digital and mobile banking found themselves locked out of their bank accounts last week, though it was unclear how many customers were still affected as of Monday. Commenting on the correspondence with TSB, Mrs Morgan said: “The Treasury Committee is
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Hermitage says it has financing offer

NEWFANE — Officials at the Hermitage Club say an unidentified “financial company” is willing to provide the financially troubled resort a $26 million loan to pay … In its filing, The Hermitage provided a redacted document of the terms with the financial company that say “the existing first mortgage will be
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BRIEF-Fortune Brands Declares Qtrly Dividend And Announces $150 Mln Share Repurchase …

April 30 (Reuters) – Fortune Brands Home & Security Inc : * FORTUNE BRANDS DECLARES QUARTERLY DIVIDEND AND ANNOUNCES $150 MILLION SHARE REPURCHASE AUTHORIZATION. * SETS QUARTERLY CASH DIVIDEND OF $0.20PER SHARE. * CO HAS ABOUT $160 MILLION
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How Jeff Bezos plans to spend the bulk of his fortune CNBC

“Blue Origin is expensive enough to be able to use that fortune,” he says. “I am currently liquidating about $1 billion a year of Amazon stock to fund Blue Origin. And I plan to continue to do that for a long time. Because you're right, you're not going to spend it on a second dinner out.” On Sunday, Blue
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US Pending Home Sales Rose 0.4% in March

The average interest rate on a 30-year fixed-rate mortgage was 4.58% at the end of April, according to Freddie Mac. Still, a low unemployment rate and modestly rising incomes should support demand for housing. News Corp, owner of The Wall Street Journal, also operates Realtor.com under license
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Real Estate Expert Nick Vertucci Releases His First Book "Seven Figure Decision" on Amazon

IRVINE, Calif., April 30, 2018 /PRNewswire/ — This month, real estate investing pro Nick Vertucci announced the launch of his first book, “Seven Figure Decision: Having The Balls To Succeed” – a personal account and guide sharing his rollercoaster story of how he lost everything and learned to push
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Bank lending expands 18.3% in March

With reverse repurchase placements (RRPs), or repos, with the BSP, bank lending increased by 18.8 percent from 17.6 percent of the previous tally. Inclusive of RRPs, total loans reached P7.61 trillion in March. Computed with loans to domestic banks' foreign offices, interbank loans, loans and
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Joe Langner: To Deliver a True All-Digital Mortgage, LOS Providers Must Re-Invent

PERSON OF THE WEEK: The loan origination system (LOS) is the central “workhorse” of any mortgage operation. It is the “system of record,” or central repository of all critical mortgage data. And with mortgage lenders increasingly adopting the e-mortgage, or all-digital mortgage process, the role of the
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How much? Broome County real estate transactions

Vee Wa Realty Corp. sold 244 Hudson St. to Wenna Duan for $48,000 on February 22. Dk Binghamton, LLC sold 214 Willow St. to Dominus Living, LLC for $167,501 on February 23. Kirkwood. Victor Slesinsky (Estate) sold 150 Fox Hollow Rd. to Vincent Slesinsky for $22,000 on February 23. Maine.
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Ways to Save Money on Your Next Real Estate Sale or Purchase

In a piece for GOBankingRates, staffer Daria Uhlig highlights some of the best practices for investing in and selling real estate. Although some may make a great investment in purchasing a home, they could still make a mistake by making a poor sale. When buying a home, Uhlig says it's wise to do so in
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Marketplace Lending's New Ways Look a Lot Like the Old Ones

The company's website says “transforming an industry requires new ways of thinking and doing.” This type of language is common in the so-called peer-to-peer, and tech-enabled, lending space. LendUp, essentially a payday lender backed by big Silicon Valley names, including Google parent Alphabet
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A Drone's Eye View of Spain's Housing Bubble

After a decade of astonishing growth in the housing market, the bubble had burst. Unemployment climbed to 20 percent in 2008, peaking in 2013 at 27 percent with heavy losses in the construction sector. Housing prices would eventually decrease in 37 percent between 2007 and 2013. Redondo
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Term Sheet — Monday, April 30

Wireless providers T-Mobile and Sprint have announced plans to merge in a $26.5 billion deal, emphasizing that together they can build and roll out a high-speed, affordable 5G wireless network. The combined company will retain the T-Mobile name and John Legere will be CEO of the new entity.
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Opinion: Are village geese a nuisance or misunderstood soldiers of fortune?

In 1972, a quack commando unit was sent to prison by a military court for a crime they didn't commit. They promptly escaped from a maximum security stockade. Today, still wanted by the government, they survive as soldiers of fortune. If you have a problem, if no one else can help, and if you can find
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The Curious Case of the Amazon Prime Price Hike

For more than a decade, that Costco-inspired lowest-price-anywhere mentality fueled the rise of Amazon.com Inc.'s reputation. But recently the company appears to be taking a different tact. There are legitimate questions about whether customers are really seeing the cheapest products on the internet,
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Memphis among top 10 cities for highest rates of denied mortgage applications, study says

The American Dream of buying a home can be quickly crushed with the denial of a home loan — and it turns out Memphis is a city where that rejection rate is pretty high. Memphis-area mortgage applications are denied at a rate of 12 percent, the third-highest out of 50 cities in a study by LendingTree
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Housing the Homeless: LA's Historic King Edward Hotel to Rise Again

LOS ANGELES–(BUSINESS WIRE)–Apr 30, 2018–'Healthy Housing Foundation by AHF': This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180430005650/en/. L.A.'s Historic King Edward Hotel has been purchased by the 'Healthy Housing
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Sainsbury's and Asda forge pact to create UK grocery leader

Sainsbury's believes that buying benefits and the opening of new Argos branches inside Asda stores will generate at least £500m of annual synergies. … Judith McKenna, president and chief executive of Walmart International, said: “We believe this combination will create a dynamic new retail player
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Earn Monthly Income from Other People's Mortgage Payments (It Yields 11.4%)

Unless you bought your house in cash, you probably have a mortgage to pay every month. But now there is a way for income investors to get even. Today I'm going to show you how to collect a monthly income stream from other people's mortgage payments. The secret here is that, when people make
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Thika area offers best returns for real estate investors: Cytonn Report

By KENNEDY KANGETHE, NAIROBI, Kenya, Apr 30 – The area around Thika is the most affordable place to buy land outside of Nairobi according to a land Report released by Cytonn Real Estate company. The asking prices for an acre in Thika is at Sh9.2 million followed by Syokimau and Mlolongo at
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Melbourne's property slump persists, but parts of the market remain strong

Melbourne's property slump persists, but parts of the market remain strong

Scott Hall, of Scott Hall Buyers Advocates, said owner-occupier driven markets like Albert Park also remained hot, as they were immune to the major causes of Melbourne's slump — “the tightening of investor lending and restrictions on foreign buyers”. “The Melbourne market is a series of sub-markets
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Further signs of cooling in the Australian housing market

New credit measures by the APRA are clearly taking effect and the trend that we're seeing now in the Australian housing market is completely the opposite of what we're used to over the last few years. Although household debt remains relatively elevated, this should at least be a welcome sign by the
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Pennsylvania Real Estate Investment Trust (PEI) currently has a monthly volatility of 3.55%

Pennsylvania Real Estate Investment Trust (PEI) added 4.64% to reach $9.92 in the previous trading session. Overall … The relative volume of the stock is 1.3, while its market cap is $689.43 Million. … A moving average (MA) is a trend-following or lagging indicator because it is based on past prices.
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DCT Deal Expands Prologis' So Cal Real Estate Portfolio

Prologis Inc., a San Francisco-based real estate investment trust, announced it will purchase DCT Industrial Trust Inc. of Denver for $8.4 billion in a stock transaction which includes the assumption of debt, the companies have announced. As of the end of last year, Prologis – a giant in the industrial and
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Leveraged lending revision no catalyst for LBO pick-up: Fitch

Leveraged lending revision no catalyst for LBO pick-up: Fitch. 30 April 2018 By Davide Scigliuzzo. This content is only available to IFRe.com subscribers. This content is available to IFRe.com subscribers. Please login if you have a subscription. Alternatively, you can request a trial, or contact your IFR
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Robust Demand Has Canadian Commercial Property Investment Off to a Strong Start in 2018

The First Quarter Update of the 2018 Economic Outlook and Market Fundamentals Research Report, released today by Morguard, provides a detailed analysis of the 2018 real estate investment trends to watch in Canada. The full report is available at www.morguard.com. About Morguard Corporation.
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BRIEF-Barcino Property Socimi Signs Mortgage For Real Estate Worth 0.81 Mln Euros

BRIEF-Barcino Property Socimi Signs Mortgage For Real Estate Worth 0.81 Mln Euros. Reuters Staff. 1 Min Read … SIGNS MORTGAGE LOAN WITH BANKINTER FOR REAL ESTATE WORTH 0.81 MILLION EUROS TILL 2033 Source text: bit.ly/2jgVrkU Further company coverage: (Gdynia Newsroom).
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CCC's fortune in footwear: Profiling the largest footwear manufacturer in Europe

CCC is Central Europe's largest footwear shop network. The company operates over 900 stores, from Germany to Russia, with manufacturing facilities in China, Bangladesh, India, and at its headquarters in Polkowice in Poland. CEO Dariusz Miłek founded CCC in 1999, but its real origins date 10 years
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US pending home sales rise 0.4 percent in March

The housing market has regained some steam over the past couple of months after faltering at the turn of the year. The sector has been bolstered by a strong economy with unemployment at a 17-year low but the continuing rise in house prices, exacerbated by a shortage of supply, has in particular left
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The Cautiously Confident Real Estate Market of 2018

Michael A. Tortorici, co-founder and executive vice president at Ariel Property Advisors, a New York City investment real estate services and advisory company, shares his valuable insight about the current state of the commercial market and what it means for the year ahead. SEE ALSO: The Year of the
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Form 8-K Five Oaks Investment For: Apr 30

Assets of Hunt CMT include junior retained notes and preferred shares of a commercial real estate collateralized loan obligation (“CLO”), a licensed commercial mortgage lender and eight (8) loan participations. The assets of the CLO consist of transitional floating rate commercial mortgage loans with a
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Amazon Taking Over the World? Not in Europe

Zalando launched in 2008, a decade later than Amazon, and analysts partly attribute its growth to a partnership program that allows brands such as Adidas and Tommy Hilfiger to access data on what shoppers are buying. Brands can also compare sales to their sector broadly, valuable insights Amazon
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Hunt Mortgage Group Finances the Acquisition of Student Housing Property Located in Waco, Texas

NEW YORK, April 30, 2018 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, … Property amenities include leisure centers, study lounge, game rooms (including video games and table tennis), an outdoor swimming pool and spa, and a
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Apple's Siri Defines the Word 'Mother' in a Most Explicit Way

Apple did not immediately respond to a Fortune request for comment on the Siri response. However, the company has dealt with odd or improper Siri responses in the past and has simply updated those to remove them or correct them. It's possible that Apple will scrub the second mother definition from
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Super fund-owned IFM, ISPT to launch offshore real estate investment joint venture

IFM Investors and Industry Super Property Trust, alternatives investment managers owned by the same group of more than two dozen Australian superannuation funds, will launch a joint venture, International Property Funds Management, to invest in unlisted real estate overseas. Tony McCormack, head
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£60-a-day carer guided dying millionaire's hand to sign almost half his £1m fortune over to her …

Mr Chu made his fortune in banking before retiring to his £700,000-flat in in South Woodford, East London. He had “a relatively close relationship” with his brothers, Allen and Stanley Chu, and sister Eva Young, for most of his life and had appointed them executors of the will he made in 2008. Under that
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Pimco continues push into alternatives with commercial real estate debt fund

Pacific Investment Management Co. is raising money for a new, multibillion-dollar commercial real estate debt fund, the bond manager's latest foray into more lucrative — and less liquid — markets, people familiar with the matter said. Pimco Commercial Real Estate Debt, or PCRED, will invest in both
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How much did Sajid Javid earn in banking?

So, Sajid Javid, the former head of credit trading at Deutsche Bank is the UK's new home secretary. The Exeter University graduate has come a long way since structuring CDOs at DB in 2006. He's also come along way since growing up the son of a bus driver from Rochdale. How much did Javid make
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Freddie Mac hires Ricardo Anzadula as senior legal advisor to CEO Donald Layton

“For six years, Bill McDavid has driven the legal and regulatory strategy that helped transform Freddie Mac into a fundamentally better company. His counsel will be sorely missed,” Layton said in a statement. “At the same time, we welcome to Freddie Mac Ricardo Anzadula, an accomplished attorney
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Bitcoin Bulls Regain Upper Hand With Crypto Rally

Bitcoin diehards are breathing a sigh of relief as April winds down. The world's biggest cryptocurrency has jumped 36 percent, the biggest monthly gain since December, when it soared to almost $20,000 before quickly crashing to as low as $5,922 in January. The rally is leaving advocates optimistic.
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Time to ditch Black Friday? Lessons from Chinese internet giant Alibaba

Time to ditch Black Friday? Lessons from Chinese internet giant Alibaba

According to founder Jack Ma, China's internet behemoth Alibaba is set to become the world's fifth largest economy by 2036. In fact a large proportion of China's retail shopping is driven by mobile and is said to be “racing ahead” of US and other markets in merging the online and offline worlds. With such
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Catapult Real Estate Solutions Purchases Downtown Office Building

Paul McBride & Scott Revolinski represented the Landlord, LCM Funds Real Estate LLC. Retail. Jon Thoresen and Matthew Beadle represented AutoZone in purchasing 1.16 Acres at 875 US Hwy 12, in Baraboo. Tom Bruss and Nick Tice represented Second Thing, LLC in selling the Former Gander
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Abbreviated Ponzi Case Argued at Third Circuit

They have fought for the last four years to hold two of LandAmerica's sister companies liable, claiming that the cash Fidelity National Title Insurance Company and Commonwealth Land Title Insurance injected into LandAmerica amounted to “lulling payments” that kept LandAmerica's liquidity problems
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Millenials rank affordable housing among top concerns for upcoming provincial election, real …

It released Nanos telephone poll results to put home ownership on the June 7 provincial election agenda, said CEO Tim Hudak, the former head of the Ontario Progressive Conservative party. The association that represents about 70,000 members, including real estate agents, has suggested tax relief
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Taking Steps Toward Public Options for Banking

In San Francisco, where the city has charged a task force with exploring how to set up a city-owned bank, that task force is now looking into how the cannabis industry might provide a key source of deposits and clients that could help get a public bank off to a running start. California's legal cannabis
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“Digitalization is the future of banks"

In her interview, Natia Tkhilaishvili, Director of ProCredit Bank Georgia, described the Bank's main achievements and challenges in 2017. The year was a veritable turning point for them, as a new strategy was offered to private individual clients. Considering how ProCredit Bank is known to be a bank for
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An inside look at how Altura CU revamped its digital banking

Altura Credit Union recently revamped its online banking, bill pay and mobile banking platforms – and in the process it had to determine when and how to notify members of the coming disruption, and then how to handle the inevitable complaints. The $1.2 billion CU, headquartered in Riverside, Calif.,
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S'pore bank lending expands in March

Bank lending expanded in March on the back of solid growth in loans to financial institutions and home buyers. Borrowing rose 5.4 per cent in March from a year earlier and faster than the 3.7 per cent pace of expansion in February. Loans through the domestic banking unit – which tracks lending in all
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HousingWire expands with two key hires, enters into multifamily housing coverage

Lloyd is a recent broadcast journalism graduate from the University of North Texas. She previously worked as a freelancer and as a writer for Denton, Texas-based Austere Magazine. Jeremiah recently graduated from Southern Methodist University and joins HousingWire after previously working with
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TSB crisis enters second week as customers complain they are still unable to access online banking

This will mean I am unable to pay bills, all because of this disastrous update. Absolutely ridiculous.” The bank said it had made internet banking and business banking available on Sunday, but added in a statement that “some customers may still have difficulties accessing and using these services”.
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23 apartments planned at former Indian Hill Elementary School in Worcester

MassDevelopment announced Monday it has partnered with Main Street Bank in Marlboro to provide a $2.78 million commercial real estate mortgage loan to North Village Lofts LLC, a Worcester-based real estate development company, for the project. Main Street Bank was the lead lender on the
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Under Armour, Inc. (UA) vs. Pennsylvania Real Estate Investment Trust (PEI): Which is the Better …

Under Armour, Inc. (NYSE:UA) and Pennsylvania Real Estate Investment Trust (NYSE:PEI) are the two most active stocks in the Textile – Apparel … we will compare the two companies across growth, profitability, risk, and valuation metrics, and also examine their analyst ratings and insider activity trends.
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Peapack-Gladstone farm to explore intersection of food and real estate at ULI NNJ

The program will focus on the intersection of food and real estate and will focus on trends and related best practices. “Growing interest in and awareness of the production and sourcing of fresh, local food is spawning innovation and new direction in the real estate development arena,” said ULI NNJ
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Steven Mnuchin: Legislation on Fannie, Freddie won't happen this year

Treasury Secretary Steven Mnuchin said Monday that he plans for action on the bailed-out government-sponsored enterprises Fannie Mae and Freddie Mac after the midterm elections in November, acknowledging that it's not realistic to expect legislation to revamp them this year. Mnuchin, speaking in
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Zurich extends major PGA sponsorship until 2026

Zurich Insurance has renewed its title sponsorship of the PGA golf tournament, Zurich Classic of New Orleans, until 2026. The extension was announced on the final day of the 2018 tournament. Zurich North America CEO Kathleen Savio, PGA Tour commissioner Jay Monahan and Fore!Kids Foundation
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BRIEF-Ihdathiat Real Estate Q1 Loss Narrows

BRIEF-Ihdathiat Real Estate Q1 Loss Narrows. Reuters Staff. 1 Min Read. April 30 (Reuters) – IHDATHIAT REAL ESTATE COMPANY : * Q1 LOSS 6,262 DINARS VERSUS LOSS OF 9,424 DINARS YEAR AGO Source: (bit.ly/2I5llpR) Further company coverage: Our Standards:The Thomson Reuters Trust
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Zoocasa Housing Sentiments And Trends Report – 2018

The final section of the survey looks at sentiments towards real estate as a financial investment strategy. Due to real estate's appreciation rates over the past 10 years, most Canadians view real estate as a profitable investment strategy. In fact, 61% viewed real estate as a better investment than stocks
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Your Air Isn't Getting as Clean as the EPA Said It Is

Your air isn't getting as clean as the government has been telling you, according a report published Monday in the Proceedings of the National Academy of Sciences. After decades of gains in cutting U.S. air pollution, progress unexpectedly stalled in 2011. After that, levels of nitrogen oxides in the air
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HSBC Global Private Banking Grows West Coast Presence with Expansion to Seattle

NEW YORK–(BUSINESS WIRE)–HSBC Global Private Banking, Americas today announced plans to grow its West Coast presence by expanding to the Seattle market. The office will be led by Mark Pittsey, Market Head for the West Region. Pittsey will look to bring on top talent, including relationship
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Current Mortgage Rates are Flat to Start the Week

We've got a very busy week ahead in the markets with a Fed meeting and a monthly jobs report on tap. So far, though, mortgage rates are holding steady. It does seem as though they are poised to continue moving higher in the near-term so borrowers will likely get the better deal by taking action soon.
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Real estate association calls for moratorium on homegrown recreational cannabis

Real estate association calls for moratorium on homegrown recreational cannabis

TORONTO — Canada's real estate industry organization is calling for a moratorium on growing recreational marijuana at home until the government sets out nationwide regulations for the practice. Ottawa's proposed marijuana legalization regulations allow Canadians to grow up to four marijuana plants
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Mortgage Bankers present check to Office of Child Advocate

The Delaware Mortgage Bankers Association recently presented a check for $6,372.41, the net proceeds of its annual fundraising event, to the state Office of Child Advocate. Theagency is dedicated to ensuring that dependent, neglected and abused children receive proper legal representation in
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New St-Pierre-Miquelon ferries hit a dead end in Fortune

The president of St-Pierre-Miquelon is calling on Newfoundland and Labrador to get its act together. The French territory off Newfoundland's south coast has spent tens of millions of dollars on two new ferries that can carry cars and trucks, but there's a problem on the Newfoundland end of the ferry run.
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Can US Mortgage Insurance Aid Genworth (GNW) Q1 Earnings?

Genworth is expected to have witnessed better performance at its U.S. Mortgage Insurance. Improving U.S. housing market, solid insurance in force growth, strong loss mitigation programs, growing private mortgage insurance market and lower delinquency are anticipated to have driven this segmental
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Marathon to Buy Andeavor in $23.3 Billion Oil-Refining Deal

They are among the biggest beneficiaries of the shale boom, with access to abundant supplies at a discount to global prices. The combination would overtake Valero Energy Corp. as the biggest in U.S.-based oil refining capacity, generating about 16 percent of the nation's total, according to Bloomberg
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Technology streamlines mortgage process

But another aspect deserves just as much thought – where to get their mortgage loan. With advancements in technology, the options have expanded far beyond the local lender office you drive by on your morning commute to include an almost completely online process that can start from the palm of
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How to spot an up-and-coming housing market

If you asked 10 different property investors how they find up-and-coming housing markets they would likely give you an array of different answers based broadly around the same variables. Each one will tweak their strategies to suit their own requirements but on the whole there are some central themes
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CFPB drops investigation into Altisource

The Consumer Financial Protection Bureau has dropped an investigation into Altisource, a mortgage servicing technology firm with close ties to Ocwen Financial. The CFPB informed the company that no enforcement action would be taken, Altisource CEO William B. Shepro said in remarks during the
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Banking royal commission: Coalition reveals one-stop shop for financial complaints

'Afca will have expertise to deal with all disputes across the entire financial services industry,' Kelly O'Dwyer said. Photograph: Mick Tsikas/AAP. The government is pressing ahead with a one-stop shop for financial complaints in the wake of damaging revelations during the banking royal commission.
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Paul Manafort Sued Over California Real-Estate Deal

A bankruptcy trustee is suing former Trump campaign manager Paul Manafort over a failed real-estate deal involving the political consultant's former son-in-law. The trustee, Thomas Casey, sued Mr. Manafort on Thursday in an Orange County, Calif., bankruptcy court over Mr. Manafort's $2.7 million
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Consumer lending is a big part of Goldman Sachs heir apparent's plan to grow revenue

Goldman Sachs' push into consumer finance presents significant opportunities for growth, president and COO David Solomon said on Monday. “I think it's a big opportunity for the firm,” Solomon told CNBC's David Faber on “Squawk Alley” from the Milken Institute Global Conference. Marcus, the bank's
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Apple Might Stop Bundling a Headphone Adapter With This Year's iPhones

Get Data Sheet, Fortune's technology newsletter. In last year's iPhone 8 line and iPhone X, Apple once again bundled the headphone jack. Apple also sells wired headphones, called Earpods. Its Beats headphone subsidiary, however, has long focused its efforts on wireless headphones.
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Q&A with a Real Estate Agent: Foreigners in the Slovenian Market

What trends do you see for your part of the housing market in the next few years? After many years of “bumping along the bottom” during the global financial crisis, a return to property price growth is very welcome in most quarters, and the economic basics in Slovenia and the EU suggest that this will
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Inflation's Next Dampener After Globalization Is Digitization

The European Central Bank's struggle to revive inflation was highlighted again on Monday, and it won't get any easier, according to one analysis that points the finger at digitization. Commerzbank chief economist Joerg Kraemer said the ability to replace tasks currently carried out by humans “threatens
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UK online lender Funding Circle returns to securitization market

Funding Circle does not keep any of the loans it originates on balance sheet; all of the loans in this securitization were funded by institutional investors. The transaction allows these institutions to exit their investments by pooling loans into collateral for bonds. While Funding Circle lends to small
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The biggest bank based in Kansas is doing something it's never done in 125 years

The holding company of the $9 billion-asset savings and loan is buying a bank — only its second acquisition in history — and will expand its business into commercial lending. Capitol Federal Financial said it is acquiring Topeka-based Capital City Bank, which will allow Capitol Federal to make loans to
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TSB warns of fraudsters cashing in on bank's continuing IT woes

It urged its 1.9 million digital banking users to familiarise themselves with the 'Take Five' anti-fraud initiative to help protect themselves. The bank continues to be deluged with tweets from angry customers and has admitted some are still having issues logging in while others are seeing payments fail via
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American Lending Center Team Features Prominently at China-US Business Summit

LOS ANGELES–(BUSINESS WIRE)–Members of the American Lending Center (ALC) executive team will participate in the 2018 China-US Business Summit held at the Millennium Biltmore Hotel in Los Angeles, California. An annual event, the summit has been held since 2009, also the year in which
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Ethics watchdog calls for probe into Mulvaney over 'real estate dealings'

“His real estate dealings, and his apparent failure to come clean about them to the Senate, appear to be at odds with his legal and ethical requirements and run directly counter to the basic principles he is expected to uphold at the CFPB.” The complaint references Mulvaney's 2017 confirmation in front of
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Lock up and leave: The outrageous trend in our housing market

All she was doing was being curious about the asking price for a property not far from Chez Clement, which was recently inherited by a mate of hers. Nosey is not the word. While she was looking at these various websites she saw, on at least a couple of occasions, although she wasn't counting,
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Fitbit Gains on Pact With Google Cloud for Health-Care Push

Fitbit Gains on Pact With Google Cloud for Health-Care Push

Fitbit Inc. jumped the most in two months after announcing a move to Google's cloud computing service to help make data sharing easier across the health-care system, bolstering the struggling wearable company's efforts to keep its fitness trackers relevant. The partnership with Alphabet Inc.'s Google is
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Fortune Brands Declares Quarterly Dividend and Announces $150 Million Share Repurchase …

DEERFIELD, Ill.–(BUSINESS WIRE)–Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on June 13,
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Who Owns Speciality Metals International Limited (ASX:SEI)?

In this analysis, my focus will be on developing a perspective on Speciality Metals International Limited's (ASX:SEI) latest ownership structure, a less … While insider buying is possibly a sign of a positive outlook for the company, selling doesn't necessarily indicate a negative outlook as they may be
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Builders Capital Mortgage Corp. Reports 2017 Fourth Quarter and Full-Year Results

CALGARY, Alberta, April 30, 2018 (GLOBE NEWSWIRE) — Builders Capital Mortgage Corp. (TSX VENTURE:BCF) (Builders Capital or the company) today released financial results for the three and twelve months ended December 31, 2017. The three-month period represents the fourth quarter of the
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The House of Lords Just Made a 'No Deal' Brexit Less Likely

The U.K.'s upper house sought to make it harder for Prime Minister Theresa May to take Britain out of the European Union without a deal by defeating her for a seventh time over the government's flagship Brexit legislation. The House of Lords voted 335 to 244 in favor of an amendment to the
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Bureau of Consumer Financial Protection Names Czwartacki Chief Communications Officer

John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (BCFP) as its Chief Communications Officer and Spokesperson. John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the. Czwartacki
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Business Report: What's behind rising mortgage rates

Next video in. Watch CityNews Live. July 10, 2017. Play. Cancel. Watch Again. Business Report: What's behind rising mortgage rates. Several major Canadian banks have raised mortgage rates. 680 NEWS business editor Richard Southern with why, and what it means for homeowners. Meanwhile
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Realtor.com: Top 5 Toughest Housing Markets for Millennial Buyers

It's no secret that rising home prices and fierce competition for low inventory are throwing a wrench into homebuyers' plans. But for millennials, there are five cities in which it's especially challenging to become homeowners, according to new research from Realtor.com. A mix of limited supply, surging
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NorthMarq Capital Arranges $14M Refi for Phoenix Apartments

The Chicago office of NorthMarq Capital has arranged a $14.1 million Freddie Mac loan for the refinancing of Union at Roosevelt, an 80-unit luxury community in Phoenix. The arrangement includes a 10-year term with five-year, interest-only payments. “The transaction posed a number of challenges,
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Analyst Now Sees Less Than 10% Chance Congress Tackles Fannie, Freddie Reform This Year

Groshans said the most important issue that needs to be resolved is Fannie Mae and Freddie Mac's lack of capital, but he said the status quo for Fannie and Freddie will likely not change until Federal Housing Finance Agency director Mel Watts is replaced in 2019. “Crapo (R-ID) may want to pass
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NFHA: Greatest threat to fair housing is government's failure to enforce the law

In April, the Fair Housing Act marked its 50th anniversary, a marker celebrated by fair housing groups across the country and the U.S. Department of Housing and Urban Development. Now, the NFHA released its 2018 Fair Housing Trends Report: Making Every Neighborhood a Place of Opportunity.
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4 Interesting New Features From Microsoft's Latest Windows 10 Update

Microsoft's new Windows 10 April 2018 update has officially arrived. Owners of Microsoft's flagship operating system for personal computers should get a notification from the Windows Update service used by customers to download software patches, security fixes, and other updates. People can also
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How to Make a Bi-Weekly Mortgage Plan Work for You

“The first question someone should ask their lender about making a bi-weekly mortgage payment is whether the payment is applied once received or if the first partial payment is held in a separate account until the full payment is received and then applied,” says Heather McRae, senior loan officer at
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Largest Kansas-based bank to expand into commercial lending

TOPEKA, Kan. (AP) — Capitol Federal Savings, the largest bank based in Kansas, says it plans to acquire a Topeka-based bank and expand into commercial lending. John Dicus, chairman and president of Capitol Federal, said in a news release Monday that it will acquire Capital City Bank.
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Michigan company offering title franchises

A company based in Auburn Hills, Mich., has launched a new turnkey franchise system that promises to eliminate the barriers typically found when trying to enter the title insurance industry. The company provides access to a fully-compliant business model complete with a state-of-the-art IT infrastructure.
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Why Netflix Could Be the Big Winner (or Loser) After Saturday's White House Correspondent's Dinner

No one is watching the debate over Michelle Wolf's performance at the White House Correspondents' Dinner closer than Netflix CEO Reed Hastings. While conservatives and democrats continue to debate whether the comedienne went too far, Netflix sits on pins and needles as it prepares to roll out a
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Data Breaches: Access Group Education Lending, Zippy's Restaurants

Though that business was not identified, the Associated Press reports that it was a student loan lender. According to Access Group, the information was released by Nelnet, which processes loans for the lender. Nelnet claims the information is safe — it was sent to “a trusted business partner” through an
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Retail Lending in 2018: What to Expect From Commercial Lenders

The retail sector continues to be one of the most closely scrutinized sectors for commercial mortgage lenders. Retail lending includes loans on large anchored shopping centers, local and regional malls, smaller strip centers and single tenant retail locations. A recent article in Trepp makes some
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3 Leading Reasons Mortgage Applications Are Denied

After the financial crisis of 2008, getting approved for a mortgage became much more difficult. Ten years later, lenders have started relaxing lending standards again. However, millions of Americans still get denied when they apply for a mortgage. LendingTree analyzed over ten million mortgage
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Gold Prices Bounce After Disappointing Pending Home Sales Data

Otherwise, sales will remain stuck in this holding pattern and a growing share of would-be buyers — especially first-time buyers — will be left on the sidelines.” Economists closely watch the pending home sales numbers because the index is seen as a barometer for the housing market. A lag of a month
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The extent of reckless borrowing and lending in SA

The extent of reckless borrowing and lending in SA

That is where something like reckless credit and reckless lending comes in, because sometimes what happens is that credit providers as well as consumers are on the wrong side of that, where they inflate things, where the consumer for instance states that “I do earn this, but my expenses are only, let's
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Your Air Isn't Getting as Clean as the EPA Said It Is

Your air isn't getting as clean as the government has been telling you, according a report published Monday in the Proceedings of the National Academy of Sciences. After decades of gains in cutting U.S. air pollution, progress unexpectedly stalled in 2011. After that, levels of nitrogen oxides in the air
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Mortgage Rates Mostly Sideways to Begin Busy Week

Mortgage rates didn't move much today , which keeps them right in line with last week's lowest levels. That sounds pretty good! Unfortunately, any time prior to last week, those “lowest levels” would have been the highest in more than 4 years. To make things simple , look at like this: rates didn't move
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Gas Prices Could Make This the Most Expensive Summer for Driving in 4 Years

When you head to the pump this summer you might get hit with a little bit of sticker shock. Rising oil prices are projected to translate into higher gas prices come this summer. The projections were made by private analysts and the U.S. Energy Information Administration (EIA). Currently, the average gas
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Get Started: Owners upbeat despite higher rates, prices

BRUSHING OFF CONCERNS. Rising interest rates and prices for oil, gas and other commodities are a growing concern for small business owners even as they feel more confident about the economy. That's the finding of a Bank of America survey of owners released last week. Just over half of the more
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Fitbit Strikes Deal With Google That Could Lead to Wearables Collaboration

Fitbit has teamed up with Google in an effort to get more deeply involved in the healthcare sector. The fitness tracker maker announced on Monday that it would use Google's recently announced health data standards for apps, known as the Google Healthcare API, to connect its wearable devices to the
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Brock Lesnar is probably going to break CM Punk's record for longest title reign of WWE's modern era

The only wrestling history which matters to WWE is the version of wrestling history they write. And despite the bitter, litigious break-up between the company and CM Punk, The 'E still recognizes The Straight Edge Superstar's 2011 – 2013 run with the WWE Championship as “the longest of the modern
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Mortgage Risk Index release of January 2018 data

The American Enterprise Institute's International Center on Housing Risk released its monthly update to the series on mortgage lending practices on April 30, 2018. The loan-level data, which are for loans originated between September 2012 and January 2018, are risk-rated based on default risk factors
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Investors look to Apple's cash, services as iPhone sales seen stalling

O) multi-hundred billion cash stockpile and stalling growth in services such as iCloud present an opportunity and a concern that some investors hope will be addressed in the company's … “But what they really need is a recurring revenue model to participate in all these changes around the world.”.
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2018 CEO of the Year Awards: Chuck Purvis (Video)

In the Triangle, Purvis notes the problem is the cost of housing. Coastal is an active mortgage lender and it writes 100 percent mortgage loans without any down payments. “When costs keep going up in the area without adding affordable housing, it can become an issue in our community,” he says.
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Going Global With Real Estate ETFs

Domestic real estate stocks and related exchange traded funds are struggling this year. For example, the Vanguard Real Estate ETF VNQ, -0.24% the largest fund in this category and the largest sector ETF of any stripe, is lower by more than 6 percent year-to-date. Global real estate funds have been
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Oxford named best place to buy first home in Britain

“The first-time buyer sector is showing signs of life as property prices fall in some areas, thanks to the heat going out of the buy-to-let market,” said Kevin Pratt, consumer affairs expert at Money Supermarket. “If buyers can be flexible, they stand a better chance of finding somewhere they can afford to
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Realtors® Housing Minute: A Video Recap of Market Activity in March

Visit https://www.nar.realtor/videos/housing-minute to watch a 56-second, animated video from the National Association of Realtors® summarizing how the housing market performed in March, as well as a look at consumer optimism about buying and selling a home in early 2018. The National
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WFG Hosts Successful Title Agent Conference

WFG National Title Insurance Company recently hosted its annual independent title agent-focused conference known as SPARK. More than 300 independent Title Agents from around the country attended the event, which took place at Sapphire Falls Resort in Orlando, Fla. The three-day event kicked off
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Deutsche Bank Chairman Rebuked by Ivox Glass Lewis

It replaced him with a German national and company veteran, Christian Sewing, after news outlets including Bloomberg reported that Achleitner had been sounding out potential external candidates to succeed Cryan. Several investors have since criticized Achleitner's handling of the situation.
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Rallying Dollar Threatens Crucial Levels

FX markets will also get an update on the state of the synchronized-global-growth trade. The euro region's gross domestic product reading on Wednesday is expected to show a first-quarter slowdown. That result could push the euro lower and set up a test of its own 200-day moving average at $1.2013 if
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TFS Financial Quarterly Earnings Reflect Surging Housing Market

CLEVELAND–(BUSINESS WIRE)–TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and … “As we celebrate our 80th anniversary year, the housing market is healthier than it has been in a decade,” said Marc A. Stefanski, Chairman and CEO.
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BUBBLE WATCH: Freddie Mac To Offer Home Loans For Individuals With No Income

“Freddie Mac's HomeOne mortgage is part of the company's ongoing efforts to support responsible lending, provide sustainable homeownership and improve access to credit,” said Danny Gardner, who serves as senior vice president of single-family affordable lending and access to credit at Freddie
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Trump Calls Iran Deal 'Horrible,' Hints at Ending It

U.S. President Donald Trump comments on the Iran nuclear deal during a joint news conference with Nigerian President Muhammadu Buhari. (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices
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Real estate advice from Adrian Barbudo

WELCOME to this the second column from estate agent Adrian Barbudo with tips and information on the real estate market. Here are just a few of the areas that I will be happy to advise you on prior to you making the often difficult and complicated decision to invest in a property in Spain;. 1- Find the right
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Rental housing planned at former Indian Hill Elementary School in Worcester

Rental housing planned at former Indian Hill Elementary School in Worcester

MassDevelopment announced Monday it has partnered with Main Street Bank in Marlboro to provide a $2.78 million commercial real estate mortgage loan to North Village Lofts, LLC, a Worcester-based real estate development company, for the project. Main Street Bank was the lead lender on the
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Gershman Mortgage Helps To Preserve Affordable Housing in Indiana

Gershman Mortgage Helps To Preserve Affordable Housing in Indiana. EVANSVILLE, Ind., April 30, 2018 /PRNewswire/ — On March 21st, 2018. Gershman Mortgage closed the refinancing of an existing affordable. housing community in Kokomo, Indiana named Lincolnwood Apartments. Scott Graber
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Fitbit Gains on Pact With Google Cloud for Health-Care Push

Fitbit Inc. jumped the most in two months after announcing a move to Google's cloud computing service to help make data sharing easier across the health-care system, bolstering the struggling wearable company's efforts to keep its fitness trackers relevant. The partnership with Alphabet Inc.'s Google is
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March shows modest gains in housing market despite rate increases

Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability, according to the National Association of Realtors. The association released a 56-second animated video summarizing how the housing
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The risk of sea level rise is already chipping away at South Florida home values

Creeping flood waters driven by sea rise have yet to reach the doors of most homes in South Florida, but research shows the looming threat from climate change is already affecting their value. And not in a good way. New data suggests that homes in lower elevations are selling for less and gaining
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Stormy Daniels Sues Trump for Defamation Over Tweet, Days After a Judge Put Her Initial Lawsuit …

Days after a federal judge put the lawsuit between Stormy Daniels and the president and his personal lawyer on hold, the porn star has announced she is now also suing Donald Trump for defamation. The defamation suit, filed Monday by Daniels' attorney Michael Avenatti, claims that Trump's April 18
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McConnell: Senate likely to consider anti-opioid package

McConnell's bill — known as the CAREER Act — aims to expand transitional housing options for recovering addicts until they find permanent arrangements. It also would give states more flexibility to spend federal career services and training funds to help them find jobs. The state-based pilot program
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Quebec's Vacation Home Market Skyrocketed in 2017, with Record Sales

Since the real estate market is performing better in Montreal than in other Quebec cities, it comes as no surprise that countryside areas closer to Montreal (Laurentides, Lanaudière, Montérégie and Estrie) are seeing the most demand. With both temperatures and interest rates rising, it could be a good
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Millions of dollars dropped on Austin real estate: 3 new financing deals to know

Holliday Fenoglio Fowler LP worked on behalf of the borrower, a joint venture between EverWest Real Estate Investors and WHI Real Estate Partners, to secure the three-year, floating-rate loan through an entity affiliated with the commercial real estate lending platform of Marathon Asset Management
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HomeBridge Bolsters Its Regional Leadership With Five New Area Managers

HomeBridge Financial Services has announced five new additions to its regional leadership team. New Area Managers to join the company include Harry Krause based in Beachwood, Ohio; Stacey Jordan, who will be based in Hanover, Mass.; Tyrone Jefferson in Braintree, Mass.; Peter Luna in
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Sorry Coastal Elites, the Best Cities to Start a Business Right Now Are in 'Fly Over' States

Despite their reputation as startup tech hubs, San Francisco and Boston aren't the only cities where startups can shine. In fact, they're not even among the best. A new report from personal finance website WalletHub crunched the numbers and found they don't even crack the top 20, when it comes to the
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Businesses Are Buying More Wind and Solar Power Than Ever Before

AT&T Inc. and Walmart Inc. are among 36 businesses, government agencies and universities that have agreed to buy 3.3 gigawatts of wind and solar power so far this year. … The gains are also due to local renewables program and growing demand in international markets like Mexico and Australia.
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T-Mobile's Tie-Up With Sprint Would Make Junk-Bond Behemoth

“The good news is, compared to other transactions, it's not a leveraged transaction in and of itself,” Tannuzzo said. … secured debt ratings after the acquisition, its unsecured bonds and those of T-Mobile will still dominate junk-bond indexes, according to Bloomberg Intelligence analyst Stephen Flynn.
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Global Environmental Monitoring Instrument Market 2018 by Key Players, Growth Analysis …

Global Environmental Monitoring Instrument Market 2018 Report presents a professional and deep analysis on the present state of the Global … Global Environmental Monitoring Instrument Manufacturers, Suppliers and Distributors; Real estate developers; Global Environmental Monitoring Instrument
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What's Next? 5 Technology Trends That Will Shape Retail And Commercial Banking

The banking industry is changing. In the words of sci-fi author William Gibson, “the future is already here – it's just not evenly distributed.” In China, a payments revolution is underway that constitutes a true “Great Leap Forward.” While the U.S. is still mapping the path to real-time payments, and
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Vanguard: Where You Move in Retirement More a Lifestyle Than Investment Choice

While many people consider moving when they retire, research has shown that most stay put, Vanguard said in a recent blog post, pointing to data from Freddie Mac in which 63% of homeowners aged 55 or older said they plan on aging in place. “Moving is a big step. It means saying good-bye to your
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19 contracts signed last week in luxury housing market across Brooklyn

The Brooklyn luxury market had its priciest week of April last week, with 19 contracts signed for a total of about $63.4 million. The deals between April 23 and April 29 worth $2 million or more were split between nine condo deals and 10 house deals, according to the latest report from Stribling
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Well-known Realtor in Fresno's Tower District faces sexual battery charge

A prominent Tower District real estate agent is facing a misdemeanor sexual battery charge from an incident at a gay nightclub in early February. Fresno County District Attorney's Office filed charges against Tom DeBey, 49, earlier this month after a Fresno Police Department investigation. DeBey has not
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Bitcoin Bulls Regain Upper Hand With Crypto Rally

Bitcoin diehards are breathing a sigh of relief as April winds down. The world's biggest cryptocurrency has jumped 36 percent, the biggest monthly gain since December, when it soared to almost $20,000 before quickly crashing to as low as $5,922 in January. The rally is leaving advocates optimistic.
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Israel's strategy of banking on a muted Iranian response in Syria may backfire

It is likely that Israel launched the missile attack in Syria that killed at least 26 pro-government fighters, many of them Iranians, late on Sunday night. The targets included a ground-to-ground missile depot that exploded with the seismic impact of a small earthquake. Iranian news outlets first confirmed and
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Allergan Slides With Wall Street Fearing Management Will Do Nothing

Allergan Slides With Wall Street Fearing Management Will Do Nothing

“Given the negative investor reaction we heard from the recent Shire news that Allergan was 'temporarily' looking at the asset we suspected strategic thinking would be addressed — Allergan explained Shire as having an obligation to take a cursory look at the asset given that it was put into play.”.
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Fintech Startup DirectHome to Offer Cash Back and Token Rewards

Among asset classes real estate has been particularly slow to take to trends observed elsewhere in fintech. This is usually attributed to the fact that it is heavily regulated, ownership registry-based and a heterogeneous product. Unsurprisingly, a plethora of real estate inspired crypto-currencies have
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Junior M&A bankers who quit for private equity want their old jobs back

If you're a junior in an investment banking division (IBD), you probably want to quit your banking job and work in private equity. This applies equally to bankers on Wall Street and in London to bankers in Frankfurt and Paris. Beware, however: in Germany, banking headhunters say that an increasing
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Beyond Austin: Regional leaders discuss unique challenges faced by suburbs as area grows

At its monthly luncheon last week, the Real Estate Council of Austin hosted a panel discussion with four regional leaders centered around the area's growth. Event moderator Patrick Rose, a former state representative and owner of Corridor Title Company, said what happens within the city of Austin
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Banking: After wolves, Ireland fends off vultures

Masding is understandably proud of the bank's return to the black in 2017, when it posted after-tax profits of €40 million, compared with a loss of €266 million in 2016. He acknowledges that this was driven by a buoyant economic recovery, falling unemployment and rising house prices, all of which have
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2017 Quality of Title Underwriter Earnings

COLUMBUS, Ohio, April 30, 2018 /PRNewswire/ — Demotech has updated its SPEQUELLAE service for year-end 2017 to reflect company managements' re-evaluation of their earlier loss and LAE estimates. The quality of Title underwriter pretax statutory earnings reported over the period 2012 through
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Earnings Forecast of Pennsylvania Real Estate Investment Trust (PEI)

Pennsylvania Real Estate Investment Trust (PEI) closed its previous trading session at $9.92 with the gain of 4.64%. The company's market cap is $689.43 Million, and the average volume is 1.17 Million. The Price to Sales (P/S) ratio of the stock is 1.88, while P/B (Price to Book) stands at 1.1. When we
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Commentary: Everyone Loved Bill Cosby. Did His Brand Cover His Crimes?

Last week a jury convicted actor Bill Cosby of sexual assault for drugging and assaulting a woman 14 years ago. Cosby may spend the rest of his life in jail. The news isn't a surprise; dozens of women have come forward in recent years, accusing Cosby of similar attacks. Still, for many people, the Cosby
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CFPB Auto Lending Rule May Be on the Way Out

On April 18, under the Congressional Review Act (CRA), the Senate voted to repeal the Consumer Financial Protection Bureau's (CFPB's) 2013 guidance on dealer markups in the automobile lending process. The CFPB's guidance was in response to discriminatory lending allegations arising out of auto
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Fortune 500 company Arconic moves HQ to Fairfax County

WASHINGTON — Arconic Inc., the metals manufacturing company created when Alcoa split into two companies in 2016, will move its corporate headquarters from New York City to Fairfax County. The relocation includes about 50 jobs. Arconic hasn't chosen a specific site for its headquarters move to
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Bank Stocks Banking Big Gains Ahead Of Higher Interest Rates

The $5 billion fund, which tracks the S&P Banks Select Industry Index, is working on the right side of a shallow base with a potential buy point at 65.43. Keep in mind that all purchases are at much higher-than-usual risk when the market is under pressure. Top holdings include Texas Capital Bankshares
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The five toughest housing markets for millennials

The real estate marketplace has identified five housing markets that present a particular challenge, including one you might not expect. While San Jose, Calif., one of the most expensive markets in America, leads the list of most challenging markets for millennials, Omaha, Neb., is number five.
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Consumer driven technology adoption driving innovation in mortgage technology

Consumer driven technology adoption is driving many of the changes we are seeing in the mortgage market, influencing lenders and mortgage intermediaries. In the 2018 Intermediary Mortgage Survey I conducted recently, it is clear from this year's survey responses that technology is becoming
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Real Asset Investing for the Real World

However, reluctance exists due to the ambiguity of the real assets label and also, concerns related to market cyclicality and volatility. … Allocation ETF (NYSE Arca: RAAX) looks to real asset exposures including commodities and companies involved in natural resources, real estate, and infrastructure.
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RICS sees solid outlook for the US industrial sector

TORONTO, April 30, 2018 /PRNewswire/ — Real estate professionals are divided on their perception of current market conditions, though a large share sense the market is in some stage of a downturn according to RICS U.S. Commercial Property Monitor. Both in terms of occupiers and investors, there is
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Energizer headquarters sold in real estate portfolio deal

Pace Partners acquired the 125,296-square-foot office building at 533 Maryville University Drive, along with the neighboring office building at 555 Maryville University Drive, from Tryperion Partners, a Los Angeles based real estate investment firm. The parking garage that services both buildings was
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Real Estate Roundup: Big apartments sales, new restaurants among 30-plus recent Austin-area …

It's been a while since we've rounded up recent real estate transactions around the Austin area, so here are about 30 deals from the past month or so. Get a jump on who's hiring, who's expanding and who could be a new competitor, customer or business partner.
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Commentary: A $12 Million Innovation Prize for a Universal Flu Vaccine

This year marks a century since the 1918 “Spanish flu” swept across the world, killing an estimated 50 to 100 million people and infecting one quarter of the world's population. Despite the medical advancements and innovations of the past 100 years, the world remains unprepared for when, not if, the
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Commercial office space may rise 20% to over 600 m sqft this year: CBRE report

Commercial office stock in India is expected to cross 600 million square feet by the end of 2018, which is a 20 per cent jump in two years, as per the India report on 'Asia Pacific Real Estate Market Outlook 2018' shared by CBRE, a real estate consulting firm. It has also predicted that over the next two
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Freddie Mac Expands 3% Down Mortgage Program

Freddie Mac is making it easier for borrowers without the traditional 20% down payment to get a mortgage, announcing that it is launching a new 3% down payment mortgage program. Last week, the McLean, Virginia-based lender announced HomeOne mortgage, a new conventional mortgage program
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Notre Dame Federal Credit Union Welcomes Mortgage Loan Originator James Gucinski To Their …

Notre Dame Federal Credit Union Welcomes Mortgage Loan Originator James Gucinski To Their …

NOTRE DAME, Ind., April 30, 2018 /PRNewswire-USNewswire/ — Notre Dame Federal Credit Union (Notre Dame FCU) announced this month that James Gucinski, Mortgage Loan Originator, is now servicing the Indianapolis and surrounding areas. Gucinski brings nearly 25 years of mortgage and
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Marathon Petroleum Is Buying Andeavor. Here's What It Cost to Become the Biggest Oil Refinery in …

Marathon Petroleum has announced it will buy competitor Andeavor in a $23.3 billion deal that will create the largest independent oil refiner by capacity in the U.S., surpassing the established leader Valero Energy. Marathon, or MPC, announced Monday that it had agreed to buy all of Andeavor's
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Stormy Daniels Sues Trump for Defamation

Adult film star Stormy Daniels sued President Donald Trump for defamation, saying he lied when he wrote on Twitter that her claim of being threatened was a “total con job.” Daniels is already embroiled in litigation with Trump and his lawyer, Michael Cohen, over a 2016 deal in which she agreed to keep
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What Drives Mortgage App Defect Risks?

While the overall Loan Application Defect Index at First American indicated a decrease in the frequency of defects, fraud, and misrepresentation in mortgage loan applications by 1.2 percent from the previous month, the defect index for refinance transactions increased by 1.4 percent compared with the
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Trump Keeps Allies Guessing on Steel Tariffs Ahead of Deadline

Trump has asked China to cut the gap by $100 billion and open up the Asian nation's markets to American products such as cars. But Chinese officials will refuse to discuss the $100-billion demand at talks in Beijing this week, the New York Times reported, citing unidentified people. In exchange for a
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Don't Chase Philip Morris International Inc. After Plunge

Philip Morris International Inc. (NYSE:PM) stock continues to reel. Earlier this month, Philip Morris stock dropped 16% — its biggest drop ever since its split from Altria Group Inc (NYSE:MO) in March 2008. PM stock now trades at its lowest levels in almost three years. The decline might seem like a buying
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Treasury unveils 'fix' for restoring Fannie Mae, Freddie Mac

Treasury Secretary Steven Mnuchin told FOX Business he is dedicated removing mortgage giants Fannie Mae and Freddie Mac from the government's control. Continue Reading Below … Fannie Mae and Freddie Mac were bailed out by the U.S. government at the height of the financial crisis in 2008.
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Lloyds Banking Group says customers are facing online banking issues which it is 'working hard' to …

Lloyds Banking Group said this afternoon that it had noted intermittent online banking issues for some customers, and was looking to sort the trouble as soon as possible. A spokesperson said: “We are aware that some customers are experiencing issues logging on to internet banking. We are working
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Pending Home Sales Up, Homeownership Rate Stays Steady

Pending home sales were up for the second consecutive month in March, according to new data from the National Association of Realtors (NAR). … In other data news, the national rate was 64.2 percent during the first quarter of this year, unchanged from the previous quarter and slightly above the 63.6
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Westfield Bank to open second Springfield branch in July

SPRINGFIELD –Westfield Bank will open a full-service branch office at 1342 Liberty St. in Springfield in July 2018. The Liberty Street office currently has a 24-hour ATM but will be operated as a full-service branch with lobby and drive-up banking, a drive-up ATM, and banking specialists doing business
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Global Flat Panel Display (FPD) Inspection Equipment Market 2018 by Key Players, Growth …

Global Flat Panel Display (FPD) Inspection Equipment Market 2018 Report presents a professional and deep analysis on the present state of the Global … Global Flat Panel Display (FPD) Inspection Equipment Manufacturers, Suppliers and Distributors; Real estate developers; Global Flat Panel Display
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Cottrell Law Group adds real estate attorney

“Erin's pursuit for providing clients and real estate agents with the best possible closing experience while making sure to protect clients' rights from a legal perspective made her our top candidate,” said Justin Cottrell, founding attorney of Cottrell Law Group. “Our company has grown tremendously over
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Brainstorm Health: Fighting Pandemics, Obamacare Drama, Allergan Stock Slides

Bruce, who gave a fantastic presentation at FORTUNE Brainstorm Health this year on the centennial of the 1918 pandemic flu (read the writeup here), is president of global immunization at the Sabin Vaccine Institute in Washington, D.C., where he leads the institute's influenza program. Prior to that, he
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Land Services USA names vice president

Philadelphia-based Land Services USA, Inc. has named Shawn A. Goldfaden vice president and counsel, the company announced. Goldfaden will lead the firm's … Prior to joining Land Services, Goldfaden was a state counsel for Stewart Title Guaranty Co. in Baltimore. He also previously served as
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Knowing when to refinance a home

Getting a home is an exciting event but there will be times later when refinancing that home is a good option. Most people will refinance when interest rates drop, but there are other times that refinancing may also be a financial asset. “The number one reason someone refinances is due to lower interest
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Vision Real Estate Expands NJ Office Footprint

Vision Real Estate Partners has acquired a Class A office building in Parsippany, N.J., located within the Waterview Corporate Center in Morris County. According to Yardi Matrix, the firm purchased the asset from Mack-Cali Realty Corp. for $12.9 million. The sale was subject to a $16.6 million loan, held
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Jeff Bezos says this is how he plans to spend the bulk of his fortune

Jeff Bezos is worth $131 billion, according to Forbes, and the Amazon founder and CEO is clear about the primary way he plans to spend that much money: getting to space. “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is
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Wheel of Fortune coming to Nashville Sounds game at First Tennessee Park

Wheel of Fortune's Pat Sajak and Vanna White are coming to Nashville for the Nashville Sounds game against Memphis on May 4. Sajak will throw out the game's ceremonial first pitch at First Tennessee Park and the show will also be shooting segments for a future telecast. Sounds GM Adam Nuse
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LRES Promotes Mark R. Johnson to Company President

Johnson has more than 20 years of executive experience with Fortune 500 companies in the mortgage industry, and has earned a reputation for consistently meeting or exceeding annual strategic goals and budget forecasts. Prior to LRES, he served as Division President of Nationstar Mortgage
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Nutmeg State Financial Credit Union: How to Finance Your Spring Home Repairs

NEW HAVEN, Conn. (WTNH) – The President, CEO of Nutmeg State Financial Credit Union John Holt explains how to finance your spring home repairs. Nutmeg State Financial Credit Union was founded 1936, and is a not-for-profit financial cooperative. This means that all the profits go back to you
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