People have stopped paying their mobile home loans, and it's a warning sign for the economy

People have stopped paying their mobile home loans, and it's a warning sign for the economy

Delinquencies on mobile home loans have increased by two percentage points over the past year, according to research cited by UBS. The rising delinquency rate, when combined with other areas of the consumer finance market showing signs of stress, suggests that there's a two-speed economy.
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StepStone Real Estate closes Courtland Partners buy

StepStone Real Estate said April 3 that it has completed its buy of Courtland Partners Ltd, which was announced in December. Financial terms weren't announced. With the deal, StepStone Real Estate manages approximately $100 billion of capital allocations from institutional investors.
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Newly-Minted Bitcoin Millionaires Are Lining Up to Buy Lamborghinis

You're not truly a Bitcoin millionaire until you've sold off some virtual currency to buy yourself a Lamborghini. That's the latest takeaway from a popular meme in the cryptocurrency world called “When Lambo.” It refers to the point at which a Bitcoin owner has built enough of a Bitcoin stockpile to buy a
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Angel Oak Mortgage Adds Four New AEs

Angel Oak Mortgage Solutions has announced the addition of four new Account Executives to help brokers grow their business, including: Alonzo Johnson in Los Angeles; Tom Self in Seattle; Jared Warlick in Fort Myers, Fla.; and Oscar Ungo on the inside sales team. “With each month, we are finding
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Buying time to finish off

JUST as the changing scenarios on the South China Sea mesmerized the world just a few years ago, the last few months have seen a flurry of primarily diplomatic activities and “developments” at and beyond the Korean Peninsula. This began with the “positive” (if that adjective can ever be attached
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Financial Survey: Investors Title (ITIC) vs. Argo Group International (AGII)

Investors Title (NASDAQ: ITIC) and Argo Group International (NASDAQ:AGII) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, valuation, analyst recommendations, dividends
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Carson: HUD Hoping to Add Brian Montgomery Soon

During the Policy and Regulation Update panel that followed, Yvette Gilmore, VP, Servicer Relationship and Performance Management at Freddie Mac, addressed the lessons learned from last year's barrage of natural disasters, including hurricanes that swept over Texas, Florida, and Puerto Rico,
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Lawyer Who Lied to Mueller About Russian Spy Gets 30 Days

A Dutch lawyer who lied about his contacts with a top Trump campaign official and a reputed Russian spy was ordered Tuesday to serve 30 days in prison, becoming the first person sentenced in Special Counsel Robert Mueller's sprawling investigation. Alex van der Zwaan, 33, a former associate at
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How Studying Sewage May Help Slow the Opioid Epidemic

The story is one of several fascinating discoveries on Opioid Watch, a site curated by Roger Parloff, who for years was a senior writer at FORTUNE and one of the most gifted reporters to have graced these halls. The site also offers breaking news and up-to-date stats on this topic as well as current status
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SME Lending Startup Namaste Credit Raises $3.8 Mn In Series A Funding

New Delhi-based SME lending startup Namaste Credit has raised $3.8 Mn in Series A round of funding from Nexus Venture Partners. The startup plans to use the funding to grow its geographic footprint, continue to enhance its technology and data analytics platform and further scale its businesses.
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Elevated Title Announces New Streamlined Electronic Closing Program

A PRIL 3, 2018, SALT LAKE CITY —Elevated Title is pleased to announce its new partnership with Pavaso, a digital closing platform that allows title companies to electronically close on mortgage loans. Elevated Title used the new platform to close on its first hybrid loan with Intercap Lending, a national
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Russians who fled Russia for Europe are buying elite real estate in Moscow

At the same time, the number of applications for purchase of elite real estate from Russians living abroad has also risen sharply. In the fourth quarter of 2017, their number increased by 32%, although there was decrease in this number in the beginning of the year. Metrium explains this increase with
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Manhattan home sales tumble as buyers push back

Buyers, who have noticed that home prices are no longer climbing as sharply as they have been, are realizing they can afford to be picky. Rising borrowing costs and new federal limits on tax deductions for mortgage interest and state and local levies also are making homeownership more expensive,
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Home Prices Continue Upward, Defying Predictions

The company forecasts an increase of 4.7 percent in national home prices from February 2018 to February 2019 and no appreciable increase from February … CoreLogic's President and CEO Frank Martell said, “Family income is rising more slowly than home prices and mortgage rates, meaning that the
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Retail Trends Taking Shape In 2018

Tom McGee , Contributor I cover retail real estate and how the industry impacts communities Opinions expressed by Forbes Contributors are their own. Watching the evolution of physical retail has been inspiring. Retail centers are defying the skeptics and continuing to reconfigure themselves as
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How to Choose Between Mortgage Companies When Buying a House

Mortgage companies are just what they sound like: companies that specialize in mortgages. While banks and credit unions offer mortgages, they also offer many other financial products and services. Mortgage companies focus mainly on processing mortgage applications and getting the funding for
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Manufactured housing giant endorses HUD's call for regulatory relief

WASHINGTON — The dominant player in manufactured housing, Clayton Homes, is supporting the Department of Housing and Urban Development's review of construction and safety standards on manufactured homes. In a sign that it was considering easing standards to boost manufactured housing
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Stunned Investors Reap 95% Gains on Defaulted Puerto Rico Bonds

… head-scratching moves in financial markets this year, there are few that have surprised investors quite as much as the rally in defaulted Puerto Rico … the $3.9 trillion municipal market, they've gained more than any other dollar-denominated debt in the world, according to data compiled by Bloomberg.
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Argo Group International (AGII) and Investors Title (ITIC) Critical Review

Argo Group International (NASDAQ: AGII) and Investors Title (NASDAQ:ITIC) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations
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Trevi Fountain coins to continue bringing fortune to Rome's needy

People gather in front of the landmark Trevi Fountain after its 2015 restoration in Rome. While millions of tourists throw a coin over their shoulder into the fountain hoping to return to Rome one day, the money scooped out of the fountain each week offers more concrete hope to the city's poor. (Credit:
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Hey mortgage lenders! Do you know why we have an FHA commissioner?

Hey mortgage lenders! Do you know why we have an FHA commissioner?

Chances are, as mortgage lenders, you have heard some discussion in recent months about the Federal Housing Administration Commissioner (or lack of one) at the Department of Housing and Urban Development. So, what, exactly, is an FHA Commissioner and why is it so difficult to get someone into
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What It's Like Living Without Health Insurance in America

April 3, 2018, 1:00 AM PDT. Last week, Bloomberg News told the story of three families without health insurance. We also asked readers to share their own stories as we spend the next year following people who are “risking it.” The response was overwhelming. More than 3,000 people from across the
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Predicting real estate depreciation

In our first HousingWire column, last week, I explained how each quarter Veros Real Estate Solutions creates 12-month VeroFORECASTSM projections of residential property appreciation across the United States. I also detailed the 10 markets that we predict will have the highest appreciation between
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Humana's Good Medicare Fortune May Cost Walmart: Gadfly

The good news just keeps piling up for Humana Inc. The health insurer's shares jumped after a report on Friday that Walmart Inc. may be interested in acquiring it, capping a 251 percent increase over the past five years. And on Monday, the U.S. government announced it would boost payments to
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Why Scottish Mortgage investment trust is tanking on Tuesday, share price slumps 3.5%

It is the UK's largest investment trust with more than £6bn worth of assets to its name, but Scottish Mortgage (SMT) is firmly on the back foot on Tuesday. Shares in the trust are down about 3.5% at 426.8p. That may not seem much but the decline represents more than £200m being wiped off its market
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Lake Michigan Credit Union hires Lee Freeman as mortgage loan originator for Saginaw office

GRAND RAPIDS, MI (April 3, 2018) — Lake Michigan Credit Union (LMCU) is pleased to welcome Lee Freeman to its team as a mortgage loan originator for its Saginaw, Michigan mortgage office. Freeman graduated in 1995 from Ferris State University with a bachelors degree in finance. He gained
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Home Prices Rose 6.7% YOY in February

Irvine, CA, April 3, 2018-Home prices increased year over year by 6.7% in February 2018 and increased 1% over January's rate, according to the CoreLogic Home Price Index (HPI). Looking ahead, the CoreLogic HPI Forecast indicates that the national home-price index is projected to continue to
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Ebix Takes Leadership Position in India's Foreign Exchange and Outward Remittance Markets with …

The CDL Exchange establishes EbixCash as a leader in the outward remittance and Forex markets. The CDL Exchange is highly complementary to EbixCash's Via.com travel exchange offering, because it now allows EbixCash's travel outlets to sell Forex to its clients buying international travel. The CDL
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Freddie Mac Unveils Expedited Financing for Affordable Rentals

MCLEAN, Va., April 03, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today announced “Targeted Affordable Housing Express” (TAH Express), a new offering designed to provide faster, simpler and cheaper financing for the preservation of smaller, affordable rental properties.
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Masthaven announces new director of credit and operations

Alan has been appointed to the role as part of Masthaven's ongoing expansion and brings more than 20 years of financial services experience, particularly within the short-term lending sector. Alan joins from Fintex Capital where he was real estate project leader. His previous roles include head of
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PMR Africa crowns FNB Islamic Banking

03 April 2018 – PMR Africa has awarded FNB Islamic Banking as first in the overall judging category of “Leaders and Achievers who have contributed significantly to the Gauteng economy”. The awards are rated by a random provincial sample of 100 respondents comprising of CEOs, managing directors
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Peer-to-peer lending platform Finzy raises $1.3M in pre-Series A round

“Our investors firmly believe in the team, our product positioning and scalability of solution that we offer to our lenders and borrowers. We have maintained a very focused customer-centric approach while designing our products and processes, as a result of which in our first 10 months of operations we
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Surprised homeowner shot real estate photographer in the buttocks, lawsuit says

“Whitney's life was in danger because a real estate agent didn't pick up a phone, because a homeowner didn't see who she was shooting at,” Rafi told WXIA. “He's leaving the house in an ambulance not knowing if he's going to be alive. Not knowing if he's going to be paralyzed.” A GoFundMe page was
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P2P lending firm Finzy raises $1.3M in pre Series A funding

Peer to peer lending platform Finzy has raised $1.3 million in the first round of pre Series A funding. The second round of fundraising is expected to close with a pre-identified set of investors within the next 60 days. The fresh funding will be used to accelerate growth by investing in technology, making the
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Scottish Mortgage weighs on FTSE amid tech sell-off

O), Scottish Mortgage's biggest holding at 10% of the portfolio, fell 5.2%, after US president Donald Trump renewed his attacks on the online retailer. He said the US Postal Service was losing 'a fortune' due to Amazon's pricing of its deliveries 'and this will be changed', in a post on Twitter. Tesla (TLSA.
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Son banking on 'Avengers' screening to fund mother's cancer treatment

Kearsay Chenkie Low (right) says this photo was taken in June 2017 in Baguio City on his mother's 53rd birthday. The trip, which lasted for four days, was a surprise for his mother. (Photo from KEARSAY CHENKIE LOW). Cancer remains the leading cause of death among Filipino women. Accordingo
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Quotidian Technical Highlights on Selected Banking Stocks — Canadian Imperial Bank of …

Quotidian Technical Highlights on Selected Banking Stocks — Canadian Imperial Bank of Commerce, Citigroup, Bank of Nova Scotia, and PNC Financial Services
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Banking stocks rise after RBI allows banks to spread bond losses in 4 quarters

Banking stocks rose in early trade on Tuesday on RBI's move which allowed the lenders to spread provisions for bond losses in the third and fourth quarters of FY18 over the next four quarters. The BSE bankex was the top gainer rising 178 points or 0.57% to 27,278. Bank Of Baroda (4.12%) and SBI
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Noteworthy Upcoming Events; LIBOR Update; 10YR Closes Lower for 3 Days

Register for October Research's National Settlement Services Summit (NS3) to hear the Keynote address delivered by Flagstar Bank President & CEO … “Mortgage Professionals Academy is interested in teaching your employees their Continuing Education for 2018, offering live classes for mortgage
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Failed Bank Buyout Deal Shows Perils of Investing in Nigeria

… warm welcome,” said Matthew Kindinger, an analyst at Washington-based Frontier Strategy Group, which advises multinational companies in emerging markets. … Deals in the country this year amount to $1.4 billion, compared with $2.7 billion for all of 2017, according to data compiled by Bloomberg.
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Average housing price at national level up by 0.3 pct in March to EUR 1200/useful sqm

Average housing price at national level up by 0.3 pct in March to EUR 1200/useful sqm

The average housing price at national level went up by 0.3 percent in March compared with February, up to EUR 1,200/useful sqm. In top of endearments are Bucharest, Timisoara and Cluj-Napoca, according to an analysis of a real estate portal. Timisoara occupied the first place in March in the ranking
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We need banks to write down mortgage debt

We need banks to write down mortgage debt … In normal circumstances, that would be a positive factor but in Ireland, residential mortgages remain a weak asset class representing almost two thirds of … S&P expects the Irish mortgage books to remain a drag on banks' creditworthiness for several years.
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Term Sheet — Tuesday, April 3

It's Spotify's day. The music streaming company's public debut on the New York Stock Exchange this morning will make history no matter what happens. Yesterday, CEO Daniel Ek said, “Spotify has never been a normal kind of company.” Rather, his company is pursuing a direct listing, making it the first
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Snapchat Introduces New Group Video Chat Feature

The social media service has altered its video chat function to let people chat with up to 16 friends at once—news the company hopes could turn its fortunes around. The feature, which is scheduled to roll out worldwide Tuesday, will let friends video conference in live time with all of the lenses and filters
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PODCAST: How Zillow CEO Spencer Rascoff Turned A Real Estate Site Into One Of The World's …

PODCAST: How Zillow CEO Spencer Rascoff Turned A Real Estate Site Into One Of The World's Hottest Mobile Apps … bet the entire company on the iPhone, his strategy for turning Zillow into one of the most popular apps around, and learn about the latest trends in the trillion-dollar real estate biz.
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Robbins: Startup aims to close homeownership gap

Consumer dependence on a single lender or mortgage broker for interest rate and other financing terms can effectively cost prospective home buyers many thousands of dollars over the course of the mortgage. Lower rates are frequently there to be found. The problem is that consumers don't know how
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Fort Myers lawyer say heirs have no claim to downtown hotel site

“We need to work with Mainsail, work with the lender and work with the title company to resolve all of this in the city's interest.” Humphrey said. “Our research is clear, there is no existing legally enforceable restriction remaining on the hotel site, we feel able to resolve this and feel that the court's knowing
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Digital lending startup Namaste Credit raises Series A funding

Bangalore-based Namaste Credit, an online lending platform for small and medium enterprises, has raised $3.8 million (Rs 24.7 crore) in a Series A round of funding from Nexus Venture Partners. Namaste Credit, operated by Opendoors Fintech Pvt. Ltd, will use the funds for geographical expansion,
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Yes Bank wants to become a technology firm, rejigs senior mgmt

MUMBAI: Midsize private sector lender Yes Bank is aiming to evolve itself into a “technology company in the business of banking” and has accordingly … The announcement comes amid intense speculation globally over the future of banking, if it will continue to be the same or if there will be a
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Viewpoint: Role of real estate shifts, drives innovation

Recently, a new study from U.S. News & World Report ranked Massachusetts as one of the top state economies, based on growth, employment and business environment. This positive news is validation for our small-business community, which continues to be a linchpin of the state's economy. Currently
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Trump offers support to embattled EPA head

In this Feb. 12, 2018 photo, Environmental Protection Agency Administrator Scott Pruitt attends a meeting at the White House in Washington. Trump is offering his support to the head of the Environmental Protection Agency who is at the center of swirling ethics questions. Two administration officials
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Bitcoin Price Jumps on News that Hack-Victim Exchange Coincheck May Be Rescued

The price of Bitcoin has seen a roughly 5% bump in the last day, and the cause appears to be a potential rescue for the hacked cryptocurrency exchange Coincheck—from financial services company Monex. Hackers stole over $520 million worth of NEM cryptocurrency from Tokyo-based Coincheck in
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JSW Steel Buys 26% In Numetal's India Arm To Facilitate Essar Steel Bid

India will hive off 76 percent stake in Air India, including its 100 percent ownership in overseas budget carrier Air India Express Ltd. and 50 percent stake in the ground handling unit Air India SATS Airport Services Pvt. Ltd., according to a document uploaded on the website of the Civil Aviation Ministry.
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Unwillingness to Refi or Sell Despite High Equity

Meanwhile, mortgage prepayment rates (how quickly owners are refinancing or selling) fell to the lowest levels since early 2014. Black Knight's Mortgage … The effects of the two hurricanes, Harvey and Irma, that hit the mainland last fall continue to be felt in national delinquency rates. Black knight says
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Trump Calls Out CNN, NBC, ABC, and CBS in Wake of Sinclair's 'Fake News' Promos

Donald Trump is weighing in on Sinclair Broadcasting Group's requirement that anchors read a prepared script about “fake news,” saying that outrage over the promotion is due to major networks fearing competition—and criticisms should instead be targeted at those news outlets. “The Fake News
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Pre-emptive buying gives SA car market a boost in March

Pre-emptive buying gives SA car market a boost in March … economy had improved considerably on the back of the decision by Moody's to retain South Africa's international and domestic credit rating at investment grade, as well as the 0.25% reduction in official interest rate at the end of March, 2018.
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KeyBank Originates $92.7M Refinancing for Apartment Property in Chicago

CHICAGO — KeyBank Real Estate Capital has originated a $92.7 million Freddie Mac loan for the refinancing of The Pavilion Apartments in Chicago. Built between 1968 and 1972, the property includes five buildings and 1,114 units. The apartment complex also features 7,891 square feet of retail and
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Villanova coach Jay Wright in select company with 2nd NCAA title

Villanova coach Jay Wright in select company with 2nd NCAA title … Less than two years and a Texas two-step of titles later, the sharp-dressed Villanova coach is now in very select company. … That changed with their title run in 2016, before another loss in their second tournament game last season.
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Superior Industries International Inc (SUP) SVP Shawn Pallagi Buys 10000 Shares of Stock

Superior Industries International logo Superior Industries International Inc (NYSE:SUP) SVP Shawn Pallagi acquired 10,000 shares of Superior Industries International stock in a transaction that occurred on Thursday, March 29th. The shares were purchased at an average price of $13.70 per share, for a
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How Apple's Desire for Control Leads Away From Intel's Chips

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. Good morning. Fortune digital editor Andrew Nusca here, in for Adam. Intel stock wavered after the closing bell yesterday after a new report appeared claiming that Apple would use its own chips,
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Worried About US Tribalism? Go See Springsteen

Worried About US Tribalism? Go See Springsteen

The pop icon shows on a Broadway stage that it's possible to recover the shared American narrative. by. Michael R. Strain. @MichaelRStrain More stories by Michael R. Strain. April 3, 2018, 5:00 AM PDT. Taking the pop out of populism. Photographer: Angela Weiss/AFP/Getty Images. There's a moment
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Data Sheet—Apple's Chip Move Signals Desire to Control Key Technologies

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. Good morning. Fortune digital editor Andrew Nusca here, in for Adam. Intel stock wavered after the closing bell yesterday after a new report appeared claiming that
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Dear Monty: The impact of the new tax bill on real estate

Reader Question: We now have the Tax Cuts and Jobs Act. We are considering changing homes. This move would not be job related, or created by any lifestyle changes; we just want a change. What has changed regarding homeownership as a result of the new tax bill that may affect our move?
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Lake Michigan Credit Union hires Kimberly Stephens as mortgage loan originator for Lansing area …

GRAND RAPIDS, MI (April 3, 2018) — Lake Michigan Credit Union (LMCU) is pleased to welcome KimberlyStephensto its team as a mortgage loan originatorfor itsLansing/Okemos, Michiganmortgage office. She reports directly to Michael Thomas, LMCU's Vice President of Regional Mortgage
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Investors Title Company (ITIC) Trades at $200.36 After Triangle; Last Week CEMEX, SAB de CV …

Investors Title Company (ITIC) formed triangle with $184.33 target or 8.00% below today's $200.36 share price. Investors Title Company (ITIC) has $377.85M valuation. The stock increased 0.23% or $0.46 during the last trading session, reaching $200.36. About 3,345 shares traded or 38.57% up from
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Google Just Made It Harder to Mine Cryptocurrency with Chrome

Google has had enough of Chrome browser extensions that mine cryptocurrency using the processing power of users' computers. The company had already been taking down extensions that mine cryptocurrency without informing the extensions' users—a practice known as cryptojacking. But now it's
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'Futurama' House Hits Ditmas Park Housing Market

DITMAS PARK, BROOKLYN — You can live in the house where Fry — the cartoon star of “Futurama” — grew up. The three-story house at 516 Rugby Road, which inspired the animation of Philip J. Fry's childhood home, has hit the market, according to Realtor.com. The cartoon version of the house
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Four ways to pay off your mortgage early

ATLANTA – Congratulations, you finally bought your first home. You got a great rate on a thirty year fixed rate mortgage, so your monthly payments are affordable. But a look at your amortization schedule gives you a shock – over thirty years, you'll pay two hundred thousand bucks in interest as you pay
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Savers Rejoice: Your Interest Rate Is About to Climb

First banks widened the gap between what they pay you and what borrowers pay them. Now they will fight for your money. By. Jennifer Surane. @jennysurane More stories by Jennifer Surane. April 3, 2018, 2:00 AM PDT. Hold your horses, savers. The Federal Reserve raised its benchmark lending rate
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Mobile Rivalry Is Keeping Down Prices in the UK

U.K. phone carriers haven't raised prices enough to keep step with a surge in inflation, the latest cost that tough competition is preventing them from fully passing on. Since Britons voted to leave the European Union in 2016, the U.K. has seen the consumer price index rise to a four-year high, but carriers'
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KBRA Assigns Preliminary Ratings to FREMF 2018-K731 and Freddie Mac Structured Pass …

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to ten classes of FREMF Series 2018-K731 mortgage pass-through certificates and six classes of Freddie Mac structured pass-through certificates (SPCs), Series K-0731
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BankThink Data revolution could make lending better

We are in the early stages of a quiet but powerful transformation in how lenders obtain data to make underwriting decisions. This transformation will have profound effects on consumers' access to credit, lenders' business models and how incumbent consumer reporting agencies operate. Many new sorts
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Piramal to set up merchant banking, asset management arms

Primal Enterprises Ltd. has decided to set up wholly-owned subsidiaries for commencing the businesses of merchant banking and asset management. The board of the company, which met on Monday, has already given its nod for establishing these subsidiaries. A committee of directors has been
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UPDATE 2-Oman central bank eases capital, lending curbs in bid to spur growth

Oman was the only one of the Gulf's six wealthy oil exporters where banks' operating profits shrank last year, Boston Consulting Group found; annual growth in conventional banks' lending fell to 3 percent late last year, the slowest in 12 years. The package seeks to change this by giving banks more
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The Bank of the Future Doesn't Include Excuses

Representatives of major banks, US and European, repeat two mantras that seem to be part of some 'Learned Helplessness Support Group'. Mantras so ingrained that bankers won't, or in some cases can't, see past them. Risk-averse practices, compliance requirements, and sensitivity around data and
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Bainco International Investors Has $51.49 Million Holdings in SPDR S&P 500 ETF Trust (SPY)

SPDR S&P 500 ETF Trust logo Bainco International Investors reduced its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 32.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,560 shares of
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Is Buying Circor International Inc (NYSE:CIR) Here Good Idea?

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.02, from 1 in 2017Q3. It increased, as 7 investors sold CIRCOR International, Inc. shares while 37 reduced holdings. 12 funds opened positions while 33 raised stakes. 16.91 million shares or 4.21% more from 16.23 million shares in 2017Q3
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Title-winning Innes on top form in Tignes

The 19-year-old from Edinburgh defended his national junior title in the Downhill race by just nine hundredths of a second, adding a third gold medal for … As Principal Sponsor of British Ski and Snowboard, specialist real estate investment and advisory company Delancey is proud to be able to provide
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Peer to Peer Lending Platform, Finzy Raises $1.3M in Pre Series A Funding

Finzy, India's fastest growing peer to peer lending platform, has raised USD 1.3 million in first round of Pre Series A from investors in the industry. … Founder, Finzy said, “Our investors firmly believe in the team, our product positioning and scalability of solution that we offer to our lenders and borrowers.
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Docutech Recognized on HousingWire's 2018 Tech100 Listing of Leading Housing Industry …

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, has been featured in HousingWire's Tech100 listing for its Solex eClosing solution, marking the third time the company has been a recipient of the award. The HW
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Disney Offers to Buy Sky News to Aid Fox Bid for Broadcaster

Disney Offers to Buy Sky News to Aid Fox Bid for Broadcaster

Fox's offer with Disney is likely to be enough to address the CMA's concerns and paves the way for a higher bid from Fox for Sky, said Ian Whittaker, a media analyst at Liberum in London, in an interview on Bloomberg TV. “If you look at what Fox has announced, it would suggest it's still very much
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Before they transition, some transgender youth preserve fertility by banking sperm or eggs

Until about five years ago, egg banking was considered experimental, but this changed with improvements to freezing and thawing techniques. Harvesting the eggs was a physically taxing process, requiring several weeks of daily estrogen injections that felt counter-productive to Cabanban, who longed
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Why Spotify Doesn't Want a Stock Pop on Its First Day of Trading

Getting shares to change hands swiftly could also help avoid any ill effects of this year's U.S. tech sell-off and broader market volatility as President Donald Trump imposed tariffs and threatened Amazon.com Inc. Facebook Inc. privacy flaws were also revealed in connection to a firm that worked with
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Meili Viera | Waterman Real Estate

Meili Viera is a multi-faceted, bilingual professional with 13 years of experience in all sectors of the real estate industry including residential & commercial sales, investment properties, commercial retail shopping center leasing & management and luxury residential property management. Born in Cuba
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Approved Recognized as a HousingWire 2018 TECH100 Winner

SAN DIEGO, April 3, 2018 /PRNewswire/ — Approved, the leading digital mortgage platform for independent lenders and brokers, announced today that it has been recognized by HousingWire with a spot on their 2018 TECH100™ list. “The number of fintech companies serving the mortgage industry has
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2018 HW Tech100 Winner: ValueLink Software

ValueLink's appraisal management software provides appraisal management companies, lenders, and appraisers with the ability to manage and track all their appraisal orders from a single location, while also maintaining regulatory compliance. The cloud-based system is integrated with major loan
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Mortgage Seminar Being Held by Habitat for Humanity, Finance of America Mortgage

Cumberland County Habitat for Humanity, in partnership with Finance of America Mortgage, will be hosting a mortgage seminar on Wednesday, April 27, 2018, 7 p.m. at Cumberland County Habitat for Humanity Offices (side light blue door, 2nd Floor), 601 South Delsea Drive, Vineland, New Jersey.
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Spotify Poised to List in Turbulent Time for Shares: Tech Update

Trump has been unrelenting in his criticism of Amazon.com Inc. in recent days, saying the online retailing juggernaut takes advantage of the U.S. Postal … 8, after a report from Bloomberg that Apple Inc. plans to start using its own chips in Mac computers beginning as early as 2020, replacing processors
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Landmarked Mizner house sells for $18.25 million, deed shows

Broker Christian J. Angle of Christian Angle Real Estate handled both sides of the sale, according to the Palm Beach Board of Realtors Multiple Listing Service. Angle had the property priced at $21.9 million, down from $24.9 million, the price it carried when it entered the market in December 2016.
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The arduous process of finding a network

Last time I wrote about my decision to take the plunge and leave my well paid role with a lender and set up my own advice business. Although that decision was a watershed moment and a long time coming, that was the point when the real work started. Although I was a qualified mortgage adviser and
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StepStone Real Estate Completes the Acquisition of Courtland Partners

NEW YORK, April 3, 2018 /PRNewswire/ — StepStone Real Estate (“SRE”), a leading real estate investment firm, today announced that it completed its acquisition of Courtland Partners, Ltd. (“Courtland” or “Courtland Partners”) and the firms are now fully integrated. In December, the firms announced that
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Oman central bank eases capital, lending curbs in bid to spur growth

The capital adequacy ratio, the proportion of capital that banks must hold back from lending, was reduced to 11 per cent from 12 per cent. This is expected to increase the volume of additional credit available to 7.8 billion rials (Dh74.5 billion or $20.3 billion) from 5.2 billion rials, the central bank said.
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Sydney real estate: House hunters warned to buy now before prices begin to rise again

Newly published data has revealed prices have not been falling as rapidly as they were for the past seven months and analysts warn the current market slump is bottoming out. CoreLogic data released yesterday showed Sydney's median home price fell by just 0.3 per cent over March. That was half the
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Subprime Mortgage Bonds Soar in Q1 2018

The issuance of securities backed by riskier U.S. mortgages nearly doubled year-over-year in the first quarter of 2018, rising from $666 million in Q1 2017 to $1.3 billion in Q1 2018. Over $4.1 billion of securities backed by “subprime” mortgage loans were issued in the last year, according to figures from
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Ellie Mae Named to HousingWire's HW Tech100 for Fifth Consecutive Year

PLEASANTON, Calif.–(Business Wire)–Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that is has been recognized as one of HousingWire's HW Tech100™ for 2018. The awards recognize the most innovative technology
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AMP Capital expects Sydney and Melbourne house prices to fall by another 5%

After a strong rebound in late 2016 and throughout much of 2017, coinciding with a reduction in official interest rates from the Reserve Bank of Australia (RBA), Australian house price growth has slowed rapidly in recent months. According to CoreLogic, prices across Australia's capitals fell for a fifth
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Lawmakers support payday lending rule

The letter to CFPB Acting Director Leandra English and Office of Management and Budget (OMB) Director Mick Mulvaney urges them to end efforts repeal the payday lending guideline. “We understand that the CFPB is delaying the rule by granting waivers to companies who would otherwise be taking
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Who is the Wolf? South Florida Pre-Owned Motorcycle Dealers, Florida Motors, Introduces …

Each motorcycle is thoroughly researched and inspected before going on market to ensure an optimal buying experience. Florida Motors works with international suppliers and ships internationally to further meet customer needs. For more information about Florida Motors, visit myfloridamotors.com or
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The High (And Increasing) Cost Of Car Ownership

After slowing during the Great Recession and the ensuing recovery, auto loans have roared back as a business line since 2016. As of the most recent data in 2017, 107 million Americans have auto loans – roughly 43 percent of the adult population. That big auto lending push has been fueled by a few
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Phoenix housing market among markets considered overvalued

Home prices in Phoenix and many other top markets are overvalued, according to the latest findings by the CoreLogic Home Price Index. The latest index, which details year-over-year prices from February 2017 to February 2018, finds only 36 percent of markets were considered at value in the top 100
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Bandele Oguntomilade Offers for Sale the Malibu Architectural Marvel Ocean View Home

Bandele Oguntomilade Offers for Sale the Malibu Architectural Marvel Ocean View Home

Bogun Realty and Luxury Homes is a full-service real estate brokerage firm that helps buyers, sellers, and investors purchase and sell properties and homes at all levels of spending. The firm specializes in Malibu luxury real estate, Woodland Hills real estate, Hidden Hills real estate, Calabasas real
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Ten Trends In The Canadian Real Estate Market For Brokers To Watch

Last year was hot for U.S. real estate. Moving into 2018, some uncertainty remains as to whether this streak will continue, especially in light of the new tax law. However, the National Association of Realtors predicts an expected 3.2% rise in home prices, a slowdown after 2017's 5.5% year-over-year
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Abu Dhabi homes market faces another year of decline – report

Abu Dhabi's residential property market is likely to see further declines in both sale prices and rents over the next 12-24 months, but its mid-term prospects are beginning to look brighter, according to the head of consultancy firm Core Savills. Its Abu Dhabi Residential Snapshot published on Tuesday
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15 Booming Real Estate Markets That Are Trending In 2018

The real estate market is heating up. Of course, some markets are hotter than others and have been seeing sales surge in recent months. Plenty of metropolitan areas in North America are reaching new heights in property sales and are on the verge of popping before your very eyes. Below, 15 members
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Foundation Home Loans changes buy-to-let criteria in response to new EPC rules

Properties registered with Foundation Home Loans must now have an EPC rating between A and E. Properties failing to meet this standard (those with a F or G rating), will require improvements to be made and a new EPC rating within the acceptable range supplied before completion. If the EPC rating
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Investors Title Company (ITIC) At $200.36 Forms Top; Sandler Capital Management Has Trimmed …

Investors Title Company (ITIC) formed multiple top with $208.37 target or 4.00% above today's $200.36 share price. Investors Title Company (ITIC) has $377.85 million valuation. The stock increased 0.23% or $0.46 during the last trading session, reaching $200.36. About 3,345 shares traded or 38.57%
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Beyond Mobile Banking, Giving (Alexa's) Voice to Financial Lives, Naturally

How to bring mobile banking to the realm of the spoken word – beyond the mere recitation of account data? Beyond call and response? Fiserv VP of Digital Banking, Scott Domach, says the robust voice banking experience embraces everything from bill payment push alerts to fraud alerts, but one thing
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Local real estate firm recognized in national report

BLOOMINGTON — A Bloomington-Normal real estate agency is listed 20th among the top real estate firms in the country. REAL Trends is an industry report recognizing the nation's leading residential real estate companies. Coldwell Banker The Real Estate Group is part of the largest Coldwell Banker
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Hot housing market: home buyers are spending more than expected

In January, home prices nationally were up an average 6.2% from a year earlier, according to the S&P CoreLogic Case-Shiller home price index. Prices have risen nearly 50% from their 2012 bottom. Supply shortages, combined with a healthy job market that's fueling demand, are blamed for the recent
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Fox News Defends Laura Ingraham Over David Hogg Comment, Denouncing Advertising Boycott …

In a statement released Monday, Fox News co-president Jack Abernethy said, “We cannot and will not allow voices to be censored by agenda-driven intimidation efforts. We look forward to having Laura Ingraham back hosting her program next Monday when she returns from spring vacation with her
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LendingClub settles with Mass. banking regulator for $2M

LendingClub has settled with the Massachusetts banking regulator to the tune of $2 million over claims that the company made unlicensed loans in the state. The state division of banks said that San Francisco-based LendingClub made over 46,000 loans to Massachusetts consumers without a license
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Shadow banking warning highlights China's 'debt time bomb'

The mere mention of shadow banking was always going to conjure images of dimly-lit rooms and shady deals, evoking Hollywood's film noir genre. In reality, of course, those two words are probably enough for the mandarins in the rarefied atmosphere at the People's Bank of China to break out in a
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Senior Housing Properties Trust Announces Hallmark Health Medical Center Achieves BOMA 360 …

NEWTON, Mass.–(BUSINESS WIRE)–Senior Housing Properties Trust (Nasdaq: SNH) today announced that its Hallmark Health Medical Center property, located in Reading, MA, has been designated as a 360 Performance Building by the Building Owners and Managers Association (BOMA)
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How China Saved Santos

I've long been of the view that gas has a bright future as renewables increase market share and put pressure on lumbering coal plants. With $7.75 billion in debt supporting the proposed Santos deal and an implied oil price of $71.70 a barrel according to Macquarie Group Ltd., Cook must be hoping that
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Q&A: pbb Deutsche Pfandbriefbank on lending to local authorities

Q: Why does pbb believe there is growth in the UK market for specialised lenders, like pbb, in the public investment space? ES: At the macro level, the metrics suggest plenty of opportunity for pbb — with over £7bn of PWLB loans maturing in the next three years and an intra-local authority lending market
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Cityscape Egypt event promotes real estate projects

The business breakfast brought together some of the prime real estate developers in the market from the both the public and private sector to examine long-term plans for the sector's sustainability and study potential implementation of PPP models outside the borders of Cairo. According to JLL's Head of
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Singapore Court Imposes Hefty Fines for Airbnb Rentals

Singapore (AP) — A court in Singapore on Tuesday fined two men 60,000 Singapore dollars ($45,800) each for breaching laws banning short-term rentals by renting out condominium units through online services such as Airbnb, Craigslist and HomeAway. Terence Tan En Wei and Yao Songlaing had
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“Don't be Spooked by Stock Market Turbulence”

This is the message from deVere Group, one of the world's largest independent financial advisory organizations, as U.S. stocks fell into correction territory on the first day of the new quarter, triggering a ripple effect to other financial markets around the world. The turbulence is largely due to investors
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Early Moves to Watch: Gartner, Inc. (IT)

Gartner, Inc. (IT) , a stock from Information Technology Services Industry, has a value of $117.62 per share, noted a price change of 0.69% in recent trade close. The price to sales ratio is 3.20. The lower price P/S ratio indicates attractive the investment. A low P/S can also be effective in valuing growth
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Iowa town asks: If you give them free land, will they come?

He estimates he's owned about a quarter of the town's properties as he's bought and sold homes, lots and commercial buildings over the years. While he may have played an outsize role in Marne's housing market, Baxter's efforts represent a wider trend across Iowa: Rural community leaders, struggling
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Trade war could push gold to five year high

Trade war could push gold to five year high

Gold will surge to the highest level in five years if a global trade war breaks out, according to Sprott US Holdings chief executive Rick Rule, who's been involved in the market for four decades. Bullion could top $US1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the
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Middle East real estate remains a preferred asset class for UHNWIs

The attitude survey looks at the most important investment trends for ultra-high-net-worth individuals (UHNWIs), canvassing the responses of 500 of the … Knight Frank is currently tracking GBP3.9 billion of private wealth in the GCC looking to invest in overseas real estate including the UK, Europe and
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Raymond James & Associates Buys 35110 Shares of Vanguard Total International Stock ETF …

Vanguard Total International Stock ETF logo Raymond James & Associates boosted its position in shares of Vanguard Total International Stock ETF (NASDAQ:VXUS) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
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Car Buying Resources

Car Buying Resources. AskAuto Car Buying App AskAuto® App. Simplify your vehicle buying experience. What Can The AskAuto App Do For You? It can simplify your car buying experience by enabling you to: Scan VINs to get average retail cost and EPA mileage estimates on cars you like. Compare
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A Feature of Tesla Cars Makes Crashes Especially Hard to Solve

When a Tesla Model X slammed into a concrete highway barrier in California last month, the vehicle's computers contained a wealth of information about the moments leading to the fatal accident. The problem for U.S. accident investigators is that the information wasn't easily accessible. The data stored
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Real Estate Rumors: Matt Lauer, Welltower, Ian Read

Law360 (April 2, 2018, 8:49 PM EDT) — Matt Lauer has listed his Manhattan East 64th Street apartment for sale at $7.35 million, according to a report on Monday from the Wall Street Journal. The apartment, located roughly three blocks from Central Park, has four-and-a-half bathrooms and four
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GM Is the First Legacy Automaker to Report Sales on a Quarterly Basis—And That May Be Cause …

After decades of reporting sales monthly, General Motors has announced it will move to a quarterly schedule for reporting auto sales in the U.S., effective immediately. In a statement, Kurt McNeil, the company's U.S. vice president of sales and operations, explained the move. “Thirty days is not enough
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China's banking regulator inspects large client loans

SHANGHAI, April 3 (Reuters) – Regional offices of China's banking regulator have begun inspections of banks' loans to large clients, two sources with knowledge of the development told Reuters on Tuesday. The move comes amid a wide-ranging crackdown on risk in China's financial sector that has
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Contrasting PennyMac Financial Services (PFSI) and AerCap (AER)

PennyMac Financial Services (NYSE: PFSI) and AerCap (NYSE:AER) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, risk and analyst recommendations.
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OneChicago sees decrease in trading volume for March

OneChicago, the securities finance exchange, cleared 696,700 transactions for March 2018, a decrease of 53 percent year-over-year. The downturn differs slightly from last month, when the exchange cleared 778,554 transactions for February 2018, a decrease of nine percent year-over-year. In January
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Mortgage Choice CEO steps down

Mortgage Choice has announced the resignation of CEO John Flavell, who has been in the position for the past three years. With his … He joined Mortgage Choice in April 2015 after a role at National Australia Bank's MLC, where he was the executive general manager, wealth advice. He also held
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Pilatus Bank kicked out of banking lobby group

The MBA serves as the banking sector's lobbying body, with membership open to all banks authorised to operate in Malta. Currently chaired by BOV CEO Mario Mallia, it was set up in 1962 and joined the European Banking Federation in July 2004, following Malta's accession to the European Union.
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World Bank cash to help Pakistan with housing finance

The World Bank has provided Pakistan with $145m to help make home-ownership more accessible and affordable in the country. Nearly a third of Pakistanis do not own their own homes and the money will help stimulate the mortgage market and extend housing finance to previously excluded groups.
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Can Doctors Choose Between Saving Lives and Saving a Fortune?

To understand something about the spiraling cost of health care in the United States, we might begin with a typical conundrum: Imagine a 60-something man — a nonsmoker, overweight, with diabetes — who has just survived a heart attack. Perhaps he had an angioplasty, with the placement of a stent,
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Does International Speedway Corporation's (NASDAQ:ISCA) PE Ratio Warrant A Buy?

International Speedway Corporation (NASDAQ:ISCA) trades with a trailing P/E of 17.2x, which is lower than the industry average of 21.3x. 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
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Southern Idaho sees a big increase in small business lending

Before she opened her store, Voxn Clothing, in downtown Boise last summer, Erica Becker worked with her business mentors from the Small Business Administration's SCORE program to figure out what kind of financing would work best for her small business. Becker went with a $30,000 SBA loan in
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This Is What A Buyer Will Have To Pay For Air India

A potential buyer of debt-laden Air India will have to pay at least Rs 9,469 crore for buying 76 percent stake in the debt-laden carrier that the … India will hive off 76 percent stake in Air India, including its 100 percent ownership in overseas budget carrier Air India Express Ltd. and 50 percent stake in the
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Bandhan Bank to grow retail only when its field force learns the trick of the trade

Now, armed with a banking licence, it is expanding the model in a big way,” says Vishal Kampani, MD, JM Financial Group. For Ghosh, who learnt the nuances of women empowerment in Dhaka-based BRAC, an international non-profit development firm, and later at Village Welfare Society in West
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Lending FinTech GreenSky Files For IPO

The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer. Sources also said that GreenSky could attempt to raise $1 billion, which would be a rare feat.
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Housing Market Review: Breakdown Confirmed, Slivers Of Remaining Support

The last Housing Market Review covered data reported in February, 2018 for January, 2018. At the time, I connected the dots on the bearish implications of converging technicals and fundamentals. The iShares US Home Construction ETF ITB actually managed to hold onto support at its 200-day moving
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UPDATE 1-Oman central bank eases capital, lending curbs in bid to spur growth

UPDATE 1-Oman central bank eases capital, lending curbs in bid to spur growth

DUBAI, April 3 (Reuters) – Oman's central bank said on Tuesday it is relaxing capital and credit exposure rules for commercial banks and taking other steps to boost lending in a bid to boost economic growth. The Omani economy and financial markets have come under pressure from low oil prices and
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Pilatus Bank membership in Malta Bankers' Association 'terminated'

On 21 March, then Pilatus Bank chairman Ali Sadr Hashemi Nejad was arrested in the USA and was accused of circumventing sanctions on Iran. He is accused of facilitating the transfer of $115 million of Venezuelan money to Iran via the US banking system to build 7,000 housing units. In addition, he
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This booming sector puts mortgage industry at risk say academics

It's been a decade since the US housing bust and now academics in California say there's a new rising risk to the mortgage industry. Two professors at Berkeley Haas School of Business at University of California are warning that, while the overall industry has tighter regulations now, a boom in nonbank
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Banking Experience Redefined By Tech Giants

As the consumers are getting more inclined toward alternatives to traditional banks, there are high changes that technology firms move into the banking sector. For instance, Amazon is striving to get into financial products like Amazon Cash that enables the customers to deposit cash directly to their
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Carrington Mortgage Services makes home loans possible for consumers with less than perfect credit

ANAHEIM, Calif., April 3, 2018 /PRNewswire/ — Carrington Mortgage Services has expanded its residential mortgage offerings to make access to home loans a greater possibility for the roughly 100 million U.S. consumers who have less than perfect credit. The introduction of its proprietary, non-prime
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Australia's central bank sits tight in "masterful" inaction

The government estimates Australia's housing stock is worth a heady A$6.9 trillion ($5.29 trillion) – four times the size of annual gross domestic product. But efforts by regulators to clamp down on risky mortgage lending have taken much of the heat out of that market, with prices going backward in Sydney
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Endurant Capital Management LP Buys 29500 Shares of Baxter International Inc (BAX)

Endurant Capital Management LP grew its stake in Baxter International Inc (NYSE:BAX) by 142.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,249 shares of the medical instruments supplier's stock after buying an additional
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Is the Hong Kong Property Market Going to be the First Casualty of Fed Tightening?

But even so, Hong Kong's housing market is so overstretched it is at risk of collapse if rates rise too soon or too high. According to The Telegraph, 90% of Hong Kong's mortgages are linked to three-month Hibor (HK interbank lending rates). Because of its currency peg to the U.S. dollar, Hong Kong is
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Walt Disney Could Take Over Sky News to Ease Rupert Murdoch's $16.5 Billion Broadcaster Bid

With British competition regulators having provisionally rejected 21st Century Fox's $16.5 billion bid to take over the British broadcast giant Sky, Fox has returned with new solutions that it hopes will please the watchdogs. The latest proposals could see Walt Disney taking over Sky News, the 24-hour
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Largest real estate brokers increased market share in 2017

An annual ranking of the leading real estate firms in the US has been published. Analytics and research firm REAL Trends compiled the list from a record 1,752 qualifying firms. Those that made the top 500 closed $3.2 million residential sales transactions during 2017, with a combined $1.1 trillion value.
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Legal 1031 Exchange Services, Inc. welcomes Fesser as exchange director

He has taught numerous classes on IRC §1031 tax deferred exchanges for attorneys, CPAs, realtors, title companies and real estate investment associations. Feeser has practiced real estate law in both Colorado and New York. In addition to practicing law, he has owned his own business and worked in
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MGM Resorts International (MGM) Shares Sold by AMP Capital Investors Ltd

MGM Resorts International logo AMP Capital Investors Ltd trimmed its position in MGM Resorts International (NYSE:MGM) by 21.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 162,036 shares of the company's
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Colliers International Group (NASDAQ:CIGI) Lifted to “Buy” at BidaskClub

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a report issued on Saturday, March 17th. CIGI has been the subject of a number of other reports. Zacks Investment Research cut Colliers International Group from a “strong-buy”
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OCC securities lending activity sees increase

OCC has calculated that its securities lending activity was up 13 percent in new loans with 236,202 transactions last month. Year-to-date stock loan activity increased 26 percent from 2017 with 694,058 new loan transactions in Q1 2018. The average daily loan value at OCC in March was $182.7 billion.
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Australia's central bank leaves rate unchanged at 1.50%

Property consultant CoreLogic estimates annual price growth across the major cities braked to just 0.8 percent in March, from a top of 10.5 percent in the middle of 2017. “A cooling housing market is one more reason, alongside slow wages growth and inflation, for the RBA to keep the cash rate on hold,”
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Garden State Home Loans hires real estate purchase experts

Garden State Home Loans, one of New Jersey's largest mortgage providers, has hired a top mortgage duo specializing in real estate purchase. Matthew Boyce and Matthew Prizzi have worked extensively in the New Jersey and Pennsylvania markets, with their year-over-year loan production growing by
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Tax Law Quirk Could Help Apple and Microsoft Lower Their Bills

The Internal Revenue Service is providing some relief for companies facing looming tax bills after they stockpiled trillions of dollars offshore free of U.S. income tax. A timing quirk in the tax overhaul seemed to give companies such as Apple Inc., Microsoft Corp. and Cisco Systems Inc. — all of which
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Floyd Mayweather-Backed Coin Promoters Hit With Criminal Charges

Locate Anyone by Entering Their Name, This is AddictingTruthfinder People Search Subscription · LCR Health · How To: Boost Telomeres At HomeLCR Health · Credit.com · The Highest Paying Cash Back Card Has Just Hit The MarketCredit.com. LIVE ON BLOOMBERG. Watch Live TV Listen to Live
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Turkey Overheating Means Race Against Time for President Erdogan

The Turkish economy is overheating. That could be a problem for President Recep Tayyip Erdogan as much as it is for the nation's creditors. The lira is buckling under the weight of a ballooning current-account deficit and double-digit inflation as its $851-billion gross domestic product expands faster than
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Virgin Hyperloop One Revamps Board; Director Arrested

Attendees walk past a Virgin Hyperloop One XP-1 pod outside at the 2018 Consumer Electronics Show (CES) in Las Vegas. Photographer: Patrick T. Fallon/Bloomberg. Virgin Hyperloop One replaced three directors and a fourth was arrested, the latest signs of turmoil at the futuristic transportation
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The UK's biggest estate agent is working with Google's former UK MD to build an online mortgage …

The UK's biggest estate agent is working with Google's former UK MD to build an online mortgage …

LONDON — A new digital mortgage broker backed by estate agency group Countrywide and venture builder Blenheim Chalcot is launching on Tuesday. Dynamo provides mortgage advice online and compares deals from High Street banks and challengers alike. The licensed startup will begin by
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Baxter International (BAX) Upgraded by ValuEngine to “Buy”

Baxter International (NYSE:BAX) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday. Several other analysts have also recently weighed in on BAX. Zacks Investment Research raised shares of Baxter
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Mortgage Choice CEO John Flavell in sudden exit

The mortgage broker, which is 20 per cent owned by Commonwealth Bank of Australia, on Tuesday announced Mr Flavell would be resigning effective immediately after just three years in the top job. Current chief financial officer Susan Mitchell — who in March tendered her resignation with Mortgage
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Nexus Venture Partners backs online lending platform Namaste Credit

Bangalore-based Namaste Credit, which operates an online lending platform for small and medium enterprises, has raised $3.8 million (Rs 24.7 crore) in a Series A round of funding from Nexus Venture Partners. Namaste Credit, operated by Opendoors Fintech Pvt. Ltd, will use the funds for
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4 Ways Banks Can Win and Keep Millennial Customers

Indeed, Gallup's most recent retail banking study once again demonstrated that millennials have the lowest levels of customer engagement with their primary retail bank (30% are fully engaged) compared with baby boomers (40%) and traditionalists (51%). Based on these data, it is not surprising that
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Airlines set for bidding war over Air India stake

Buying Air India would help Jet widen its advantage over IndiGo in international flights, a segment where Jet has code-sharing arrangements with Air France and Delta. Singapore Airlines may also enter the fray, as the Indian government has allowed foreign investors to purchase up to 49% of Air India.
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Top MFSA banking supervisor steps down

The long-serving director of the Malta Financial Services Authority's banking supervision unit has stepped down, the Times of Malta has learnt. Karol Gabarretta confirmed yesterday he had tendered his resignation after moving to another job. When asked why he was leaving now, after 15 years working
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Corporate bond gravy train slows after five-year express ride

“There's a big vulnerability in the corporate bond market at the moment,” said Mike Riddell, a fund manager at Allianz Global Investors, which manages 498 billion euros worth of assets. “In Europe, the ECB has been helping the market out, and in the U.S. and in China, leverage is quite high. If you strip
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What Happened When Grindr Was Caught Sharing Its Users' HIV Status

On Monday, Buzzfeed reported that the app had allowed two outside companies to view the HIV status of its users, along with other personal information. The companies in question, Apptimize and Localytics, were reportedly paid to monitor and test the performance of the Grindr app. As part of this work,
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Real Estate, Parking and Violence: A Novel of New York

In real estate, there's more than a semantic difference between a dead end and a cul-de-sac. A dead end can be a trap; a block that stops at an inaccessible barrier, backing up to a park (best case), a commercial building, a police station, a hospital, a school. A cul-de-sac, French for “bottom of the bag,”
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'Winnerless' global trade war expected to push gold to $1400

A trade war could crimp demand for US assets just as the budget deficit swells, with the dollar vulnerable should international buyers shun American debt. “In the 40 years I've been involved in the gold market, the most important determinant of the gold price has been international confidence in the US
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Gamco Investors INC. ET AL Sells 69462 Shares of Honeywell International Inc. (NYSE:HON)

Honeywell International logo Gamco Investors INC. ET AL cut its position in Honeywell International Inc. (NYSE:HON) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,511,627 shares of the conglomerate's stock after selling 69,462 shares during the
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Why April Showers the Pound With Good Fortune

The pound's good fortune is set to continue this month, if seasonality is any guide. Sterling appreciated versus the dollar every April during the last 13 years in what Bank of America Merrill Lynch describes as the strongest seasonal trend among Group-of-10 currencies. In a research note, the bank
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China to Respond to New US Duties With 'Same Scale, Intensity'

Cui's comments, in an interview with state-run CGTN English news channel Tuesday, are the first to indicate that China will retaliate on a scale that matches U.S. plans for additional duties on Chinese imports. The U.S. is readying duties on $50 billion of Chinese products as punishment for what
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Banking industry standards so low they deserve to be exposed

Item One: At the banking commission a few days ago it was shown how Westpac financed a car loan with no verification late at night to a carer on Centrelink. Worse still, the customer in question was completely disappointed with the deal, later taking up the case with the Consumer Action Law Centre.
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Peer-to-peer Lending Market Excellence with Competitive Landscape 2017-2022

The Global Peer-to-peer Lending Industry report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This
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McDonald's Workers Say the Company Is Breaking Its Minimum Wage Pledge

Three years after McDonald's Corp. (mcd) made a splash by saying it would pay all workers at corporate-owned stores in the U.S. at least $1 an hour above the local minimum wage, some workers say the fast-food giant hasn't kept pace with the times. In April 2015, amid a tightening labor market and
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Florida commercial real estate industry ranks third in US

Florida's commercial real estate industry contributed $189.4 billion to the state's economy in 2017, the third most of any state, according to an annual economic impact study. Only California and Texas contributed more, according to a NAIOP Commercial Real Estate Development Association survey
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Barclays pays 2 billion USD to resolve US mortgage dispute

British bank Barclays will pay a 2 billion USD fine on the lawsuit with the US government on fraud in the trading of mortgage-backed securities. This is stated in a statement from the US Department of Justice. According to US authorities, the bank has misled the investors about the quality of the mortgage
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Charleston-area commercial real estate leases

Charleston-area commercial real estate leases. 6 hrs ago; (…) Facebook · Twitter · Email … Robert Pratt of RE/MAX Pro Realty represented the landlord in leasing a commercial suite at 402 Trolley Road to Mountain Of Truth Holiness Church. Chris Garcia of RE/MAX Pro Realty represented the tenant.
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Lavenir: A Visionary Crypto-Based Lending Platform

Lavenir: A Visionary Crypto-Based Lending Platform

This platform will allow users to lend their digital currency to the exchange against interest payments. However, it is worth noting that this is not intended to be a get rich quick scheme. Users will lend crypto to the exchange and then expect to get some of the profits based on a set interest rate. Unlike other
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Oman central bank eases capital, lending curbs in effort to boost growth

DUBAI, April 3 (Reuters) – Oman's central bank said on Tuesday it was cutting the capital adequacy ratio for commercial banks and taking other steps to increase their capacity to lend, in an effort to boost economic growth. The capital adequacy ratio, the proportion of capital that banks must hold back
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HIA says housing market cooling

HIA principal economist Tim Reardon agreed “the market is already cooling”. “As noted by the RBA Governor, the housing markets in Sydney and Melbourne have slowed. In fact house prices fell in the first quarter of 2018 in all capital cities, except Hobart,” he said. “Sydney house prices are now 2.1 per
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Investing in future via mobile app

Axiom Bank, N.A., tends to think out of the box, and now it is thinking way out of the branch as well. Recently it launched an effort that will take it from a presence in central Florida to a national stage, with a product designed as an investment in the potential of underbanked consumers. For much of the
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China's banking regulator inspects large client loans: sources

[SHANGHAI] Regional offices of China's banking regulator have begun inspections of banks' loans to large clients, two sources with knowledge of the development told Reuters on Tuesday. The move comes amid a wide-ranging crackdown on risk in China's financial sector that has netted top regulatory
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Home Sales Drop, Prices Up In Bloomington-Normal

“However, it seems there are a lot of relocating buyers moving in to our market.” Meanwhile, the average price of a home sold in Bloomington-Normal has climbed to $163,364, up 4.5 percent year-over-year. “The true test of the strength of a market is what is happening to home values,” Armstrong said.
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Gold heading to $1 400 as Sprott sees `winnerless' trade war

Singapore – Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott US Holdings, who's been involved in the market for four decades. Bullion could top $1 400 an ounce in 2018 as escalating trade tensions drive investors to
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KeyBank originates $17.2M in financing for Western New York retail center

KeyBank Real Estate Capital has originated $17.2 million in CMBS, first mortgage financing for Henrietta Plaza, located in Henrietta. Built in multiple … The retail property is occupied by 20 national and regional tenants, including anchor tenant At Home and junior anchor tenants, Staples and Big Lots.
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Kandal locals ask for government intervention as lake filled in

“In 2016, the company got the land title and rented this land to outsiders to grow crops,” Sokheng said. “The firm also has also built fences around the lake.” An official from the provincial hall came to receive their petition and asked them to stop blocking access to the building. Reached by phone, Kandal
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Middle East: the top spot for ultra-rich home buyers

Its report found that many of the world's ultra-rich plan to buy a home in their country of origin, with the Middle East ranked top of the list. In fact, 39% of those surveyed said they intended to acquire a new mansion or penthouse overseas this year, putting the Middle East in second place behind Russia,
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Countrywide and Blenheim Chalcot launch online mortgage adviser

Initially, Dynamo is available for residential remortgage customers, extending to first-time buyers and home movers by the end of 2018. Due to its relationship with Countrywide, Dynamo launches with a panel of 15 lenders with a combined market share of more than 85% of gross first charge mortgage
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Manhattan Home Sales Tumble Most Since 2009 as Buyers Push Back

Sales of all condos and co-ops fell 25 percent in the first quarter from a year earlier to 2,180, according to a report Tuesday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. It was the biggest annual decline since the second quarter of 2009, when Manhattan's property market
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Bank Foreign Currency Selling/buying Rate In Pakistan 03 April 2018

KARACHI, Apr 3 (UrduPoint / Pakistan Point News – 3rd Apr, 2018 ):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday. U.S.A 116.55/ 113.81 S.ARABIA 30.93/ 29.11 U.K 163.84/ 159.99 JAPAN 1.1001/ 1.0736 EURO 143.44/ 140.07
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Banking Chief HODLer Misunderstands 'Gambling'… or Perhaps 'Investment'?

In a recent interview with Arabian Business, the CEO of a Swiss private banking group likened cryptocurrency investing to gambling. But was he being willfully disingenuous or just lacking in understanding? Here is what he got right and wrong.
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Bank On program aims to benefit the unbanked in Waco

The promotional material suggested those interested visit one of eight banks to find out more about opening a Bank On account, those being BBVA Compass, Extraco Banks, Independent Bank, Wells Fargo, American Bank, Central National Bank, Community Bank & Trust and The First National Bank of
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Swiss bankers' hopes for EU access dashed by Brexit

Swiss bankers' hopes of securing improved access to EU markets have been dashed by Britain's plans to quit the bloc, the head of Switzerland's banking association has said. Herbert Scheidt, said Brexit had politicised technical talks about encouraging business across the Swiss-EU border. “It makes it
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Title insurance Market Analysis Global Size, Share, Growth, Industry Demand and Forecast to 2025 …

Global Title insurance Market Research Nest 2018 offers a comprehensive study on Title insurance Industry including the current Title insurance market trends and market status. Global Title insurance Market 2018 Research refines essential aspects of the Title insurance market and presents them
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Profitability Ratios in Focus: LivePerson, Inc. (LPSN)

LivePerson, Inc. (LPSN) , a stock from Business Software & Services Industry, has a value of $16.35 per share, noted a price change of 4.14% in recent trade close. The price to sales ratio is 4.27. The lower price P/S ratio indicates attractive the investment. A low P/S can also be effective in valuing
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Greenville's real estate market has plenty of auction opportunities for average homes

“We won't pay any Realtor fees as normal,” Chevis said. “Also, when you auction, you sell it as-is. Whereas, if I would have went through a traditional real estate company, they're going to want to do inspections and want me to fix a leaking faucet, and this was better for us.” He added, “It's in great shape,
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Top of the List: Value of 25 largest commercial real estate deals up 32%

Top of the List: Value of 25 largest commercial real estate deals up 32%. Email; Share · Share · Tweet … Adding up to a cool $832.56 million in a hot Central Ohio market, last year's 25 largest commercial property sales were valued at nearly a third over the previous year's. The average value of the top
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