Auckland housing market perks up in March

Auckland housing market perks up in March

April 5 (BusinessDesk) – The Auckland residential property market showed some signs of life in March with sales reaching their highest point in 12 months, according to the city's largest realtor. The average sale price for March was $931,292, up 1.3 percent on February's average, but still down 3.8
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Mortgage stress keeps rising

Across Australia, more than 956,000 households are estimated to be now in mortgage stress (last month 924,500). This equates to 30.0% of households. In addition, more than 21,000 of these are in severe stress, no change from last month. We estimate that more than 55,000 households risk 30-day
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How This Condiment from North Philly Is Influencing Chefs Around the Country

(Shelby, who graduated with a business degree from the University of Pennsylvania, is Soom's CEO, and Jackie is based in Israel and is the VP of international sourcing.) “I was a traveling saleswoman,” she laughs at what she calls her totally shameless approach. “I pulled along a rolling backpack, filled
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Institutional Investors Are Buying Town Sports International Holdings Inc (NASDAQ:CLUB)

Town Sports International Holdings Inc (NASDAQ:CLUB) institutional sentiment increased to 2.07 in Q4 2017. Its up 0.57, from 1.5 in 2017Q3. The ratio increased, as 31 active investment managers increased or started new stock positions, while 15 sold and decreased their equity positions in Town
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Marine injured in Afghanistan receives mortgage-free home

MASCOUTAH, Ill. – The Poggi family's first visit to their custom-built, mortgage-free house in Mascoutah, IL brought tears. “I can't tell you,” said U.S. Marine Lance Corporal James Poggi, sobbing about his wife Stephanie. “It restores the feeling of being a man again. Not having to have her start showers
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Banks' charge for SMS not in line with RBI guidelines; customers ending up paying more

KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator.
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Development plans in Novato's North Redwood corridor in flux

Flynn said recent development interest by Residence Inn is a good example of current market trends and a slowdown in retail development, “so we would … More than 100 people showed up for the first workshop, which provided information on the local real estate market, identified opportunities and
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Commonwealth Bank under fire for 25-hour outage that stranded customers, delayed payments

The technical problems, which began after 8am on Wednesday, appeared to wipe the balances of CommBank customers' credit cards, personal loans, and mortgages, and also disabled bank transfers and BPAY bill payments. Some Commonwealth Bank customers reported receiving Centrelink
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Carrington Mortgage introduces new non-prime products

The company said the new offerings are ideal for consumers who may not be eligible for conventional or government loan products due to lower credit scores, high debt-to-income ratios, self-employment, or a recent credit event such as foreclosure, bankruptcy, missed credit card, or late mortgage
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Poll: What Impact Will AI Have on the Commercial Real Estate Industry?

We want to hear from you. Tell us what you think in the poll below, then sign up to see the results in the next edition of Nareit News Digest, our monthly compendium of the most popular content produced by Nareit. Read More News About: Nareit developments. The Nareit Developments section on
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Nearly 80% of Banking Execs Worried Old Tech Will Kill Their FIs

Survey shows the need for tech to be more flexible and able to support rapid banking innovation. … Nearly four out of five bank operations leaders believe their financial institutions might not be around much longer if they don't update their technology, according to a new report by Accenture Research.
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Brookfield Closes in on Buying $185M India Office Block and More Asia Real Estate Headlines

In addition to Brookfield's reported offer for a Hyderabad office block, global brokerage Savills is looking to lure Chinese capital to Polish properties, and JD.com is ready to offer overseas homes to Chinese buyers via its e-commerce bazaar. Also in the headlines, mainland residential developers are
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MPC retains lending rate at 14%

The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 14 per cent due to persistent uncertain economic conditions and high inflation. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele said this while briefing newsmen on the outcome of the first MPC
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House Hunting in … Wales

Most buyers don't hire a real estate agent to represent them, Mr. Cheshire said, although they usually hire a lawyer. Lawyers' fees may range from 300 pounds, or about $421, for a small modern property to 0.5 percent of the sale price on a larger transaction, which could end up costing as much as 5,000
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More from the List: Tampa Bay's top commercial real estate brokerages

For the second consecutive year, Cushman & Wakefield topped the List of commercial real estate brokers. The List is ranked by total dollar volume (sales plus leases) handled out of Tampa Bay offices in 2017. Cushman had a total volume of $3.9 billion in 2017, an increase of more than $600 million
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Fannie Mae now lets lenders pay into borrower closing costs

Fannie Mae announced this week that it will now allow lenders to contribute to borrowers' closing costs, as long as the money is a gift and is not used towards a borrower's down payment. Over the last few years, Freddie Mac on a larger scale, and Fannie Mae on a smaller scale, allowed lenders to gift
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In tight market, local Realtors working around the clock, Wichita agent says

“The market is strong and agents are working long hours, seven days a week,” Kemnitz says. “We're starting to feel the pressure, especially in the $150,000 to $200,000 range.” A report released Tuesday from global real estate data firm CoreLogic Inc. showed that home sales in Wichita were up 6.8%
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Toronto homes sales, prices slump in March

The average selling price for a detached home, the most expensive segment of the market, plunged 17.1 percent, while the average condo price rose 6.1 percent. Toronto's housing market has cooled since last April, when the Ontario government introduced a foreign buyer tax and other measures
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Finansinspektionen -Analysis 12: The Mortgage Cap Reduced Household Debt

This FI Analysis presents an assessment of the Swedish mortgage cap. The analysis indicates that the mortgage cap has changed household behaviour. Households with new mortgages borrow less than what they would have done if FI had not implemented the mortgage cap. They are also buying less
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Venezuela's Currency Is Doing Even Worse Than Previously Thought

Venezuela's Currency Is Doing Even Worse Than Previously Thought

Rates from the widely watched Dolartoday.com, known for arousing President Nicolas Maduro's ire on state TV, have lagged behind other markers that … With Venezuelans having limited access to official exchange markets, they're reliant on websites that track the rate and small exchange platforms to
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US Says Russian Suspect in LinkedIn Hack Tried to Escape

GundryMD · How To Fix Your Fatigue (Do This Every Day)GundryMD · Credit.com · The Highest Paying Cash Back Card Has Just Hit The MarketCredit.com · The Motley Fool · Say Goodbye to iPhone: This Could Be 40X BetterThe Motley Fool. LIVE ON BLOOMBERG. Watch Live TV Listen to Live Radio
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Kudlow Says Trump's China Tariffs Are Just Proposals Right Now

“None of the tariffs have been put in place yet, these are all proposals,” Kudlow said in an interview Wednesday with Bloomberg News. “We're putting it out for comment. There's at least two months before any actions are taken.” Administration officials throughout the day emphasized the U.S. is willing to
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Stone Point acquires American Mortgage Consultants

Stone Point Capital LLC has acquired a majority stake in American Mortgage Consultants Inc, a provider of services related to residential mortgage … Founded in 1996, AMC provides a wide array of services relating to residential mortgage transactions, including securitization review, loan diligence and
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HousingWire Names ReverseVision to TECH100 List of Housing's Most Innovative Tech …

SAN DIEGO, Calif., Apr 04, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire's HW Tech100(TM) list of innovative housing technology
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Treasury Calls for 'Modernization' of CRA

The Department of the Treasury is recommending changes to the Community Reinvestment Act of 1977 (CRA), emphasizing the need to align the Carter-era legislation with today's banking environment. “Forty years since the passage of CRA, it is time for modernization to fit today's banking landscape
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MERSCORP and eOriginal Offer eNote Product

“This solution will enable thousands of originators to realize the benefits of a digitally executed promissory note at the closing table,” said eOriginal Senior Vice President and General Manager of Digital Mortgage Simon Moir. “The eNote is the most important document of a digital closing because it is
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Winter doldrums behind, sellers hope for better spring market

Winter doldrums behind, sellers hope for better spring market. By Alexander Soule and Jordan …. High-end sales have continued gathering strength in Greenwich after 2017 marked a new record for the town's luxury real estate market with four homes trading for $20 million or more. Overall, the average
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Stone Ridge Asset Management LLC Buys Shares of 5098 Matthews International Co. (MATW)

A number of other large investors also recently made changes to their positions in MATW. BlackRock Inc. grew its holdings in Matthews International by 7.8% during the 4th quarter. BlackRock Inc. now owns 4,166,858 shares of the company's stock valued at $220,010,000 after buying an additional
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“CHINA WON'T STOP LENDING TO ZAMBIA”

The Chinese government says no country or multilateral organisation will stop it from lending to Zambia. Outgoing Chinese Ambassador to Zambia Yang Youming, says China's lending to Zambia is tied to specific development projects. Mr. Yang says as a sovereign country, China has a right to decide
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Stone Point Acquires Majority Stake in American Mortgage Consultants, Inc.

NEW YORK–(BUSINESS WIRE)–American Mortgage Consultants, Inc. (“AMC”), a leading provider of outsourced services to participants in the residential and consumer loan mortgage market, announced today that funds managed by Stone Point Capital LLC (“Stone Point”) have acquired a majority
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Strong sales in Killington real estate reported

KILLINGTON—With 151 total property sales, “2017 was a record-breaking year for real estate sales in Killington, surpassing the number of sales at the peak of the market in 2006,” reported Kyle Kershner, broker/owner of Killington Pico Realty. The year 2006 saw 139 total sales, including all types of
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As China Fires Back in Trade War, Here Are the Winners And Losers

The tariffs are targeted to hurt pro-trump states, says Isaac Stone Fish, a senior fellow at Asia Society. In the brewing trade-war between the U.S. and China, the list of losers already outweighs the winners. President Donald Trump escalated tensions on Tuesday, proposing tariffs on a range of
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Facebook Scans What You Send Other People on Messenger App

Facebook Inc. scans the chats and images that people send each other on Facebook Messenger, making sure it all abides by the company's rules governing content. If it doesn't, it gets blocked. The company confirmed the practice after an interview published earlier this week with Chief Executive Officer
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Is Liberty Property Trust (NYSE:LPT) A Safe Bet For Investors?

Liberty Property Trust (NYSE:LPT) closed its last session at $39.66. The stock traded within a range of $38.93 and $39.88. The company operates in the Real Estate sector with a market capitalization of 5.85 Million. Trading volume for Liberty Property Trust was 1.32 Million in its previous trading session.
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Hot Seat: Simon Moir of eOriginal

HousingWire: What does the current digital mortgage landscape look like? Simon Moir: When the mortgage industry began its digital transformation, the first phase largely focused on front-end applications that both improved the borrower experience and accelerated the capture of accurate supporting
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Rise in mortgage rates didn't halt millennial home buying

Purchase loans made to millennial mortgage borrowers rose month-over-month in February despite interest rates increasing at the start of the year, according to Ellie Mae's Millennial Tracker. About 83% of loans made to millennials in February were for the purchase of a home, an increase of two
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Apple Hires Google Executive to Catch Rivals in AI Race

Apple Inc. hired Google's top artificial intelligence executive to help the iPhone maker catch rivals in one of the most-important fields of modern technology. John Giannandrea, who will report to Chief Executive Officer Tim Cook, has much work to do. Apple, which pioneered smartphones and tablets, has
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Bucknell alum Jay Wright in select company with 2nd NCAA title

Bucknell alum 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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Planet Home Lending hires Bill Ervin as vice president of business development

“Ervin is an accomplished mortgage industry executive who's great at relationship building,” said Planet Financial Group President and CEO Michael Dubeck. “His unique experiences in sales, business development, and technology will help us continue to grow Planet Home Lending's consumer-direct
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Smucker to Buy Rachael Ray Dog Food Brand in $1.9 Billion Deal

Smucker to Buy Rachael Ray Dog Food Brand in $1.9 Billion Deal

Bloomberg reported last month that the operation could fetch as much as $700 million in a sale, citing people familiar with the situation. … initiative in the industry as Walmart Inc. and Kroger Co. ramp up the delivery of groceries in the aftermath of Amazon.com Inc.'s acquisition of Whole Foods Market.
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Susan Graham Makes Title Role Debut in Regina at Opera Theatre of Saint Louis

She then makes her title role debut in Marc Blitzstein's Regina at Opera Theatre of Saint Louis (May 26-June 24), in a production that marks the 30th anniversary of her company and leading-role debuts. After three glorious decades at the highest echelons of the opera world, there is still, as the New York
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Advisor Group Inc. Buys 8477 Shares of Baxter International Inc (NYSE:BAX)

Baxter International logo Advisor Group Inc. boosted its stake in Baxter International Inc (NYSE:BAX) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,399 shares of the medical
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Real Estate: Upgrades to sell your house

“We're in a pretty strong seller's market so as long as the house is clean, priced right, it should move pretty quickly,” said long-time valley real estate agent Nate Martinez. He says while the market is hot, you don't need to do too much to sell your home right now. However, there are some upgrades that
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Pot of gold: Big Food could cash in on cannabis-infused edibles market

He predicts that big companies will introduce more products and that the edibles market will start to resemble the alcohol market. He also believes an “extinction-level event” for small edibles businesses will take place as they struggle against red tape and steep real estate and operating costs.
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Las Vegas Sands Doubles Sheldon Adelson Pay to $26.1 Million

Las Vegas Sands Corp. more than doubled Chief Executive Officer Sheldon Adelson's pay to $26.1 million after the casino operator rejiggered his compensation as part of a new contract. Adelson, 84, received a $12.5 million cash bonus and $5 million in salary for 2017, the company said Wednesday in
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Facebook Says Millions More Users Were Affected by the Cambridge Analytica Scandal Than …

The Cambridge Analytica scandal continues to plague Facebook, which is now saying up to 87 million of its users were affected, up from the approximate 50 million initially reported. Facebook revealed the newer higher figure in a release detailing how it plans to restrict data access on its platform and
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Social Media Looks Like the New Opiate of the Masses

With Facebook enduring a wave of public criticism for its cavalier approach to user privacy, it's becoming more apparent how important social media has become. I suspect it will be many years before the true scale and scope of the changes are appreciated, and even then much will never be fully
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Home sales fall in Canada's two largest real estate markets

April 4 (Reuters) – Home sales continued to sag in Canada's main real estate markets, as tighter mortgage rules and higher borrowing costs dampened demand in Toronto and Vancouver, data showed on Wednesday. Toronto home sales tumbled 39.5 percent in March from the previous year, while
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Joining #DeleteFacebook? It Could Lower Your Stress Level

A new study discovered what many of us already know: spending some time away from Facebook can help lower your stress level. Researchers at the University of Queensland in Australia recently found that taking a break from Facebook can lower the levels of the stress hormone cortisol in a person's
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Banker bonuses, fees and commissions targeted in overhaul

Such poor behaviour has been highlighted continually in the Hayne royal commission, which has further dented the banks' already damaged reputation following a string of scandals relating to financial planning and insurance. Banks are working hard to win back the public's trust and limit the potential
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Instagram Is No Longer Available on the Apple Watch

New rules for the Apple Watch took effect April 1st, which blocked apps that require an iPhone to refresh their data from working on the device. That move caused a number of apps to stop working on the smartwatch, notably Instagram. Apple hasn't made an official statement regarding the decision, but
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3 Dividend-Growth Stocks to Buy and Hold

Buying and holding dividend-growth stocks is one of the most effective ways to build wealth over the long term. With this in mind, let's take a look at three with yields up to 6.9% that you could buy today. Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR). Restaurant Brands International (RBI) is
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Real estate agent donates personal finance curriculum to Dutchtown High School

Dutchtown High School students have new opportunities to learn about personal finance thanks to a donation from Burns & Co., Inc. real estate agent Stephanie Junca. Junca donated Ramsey Solutions' Foundations in Personal Finance curriculum to the school. “I'm so excited to give back to our
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A history of Australian housing market downturns, in one chart

After a prolonged period of strength, Australia's housing market is slowing down fast, led by renewed weakness in Sydney and Melbourne, the nation's largest and most expensive housing markets. With some commentators expecting further price declines in these cities in the period ahead, it suggests
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Paloma Partners Management Co Buys Shares of 5450 ManTech International (MANT)

Earnest Partners LLC grew its holdings in ManTech International by 0.7% during the 4th quarter. Earnest Partners LLC now owns 1,414,501 shares of the technology company's stock valued at $70,994,000 after buying an additional 9,782 shares in the last quarter. Teachers Retirement System of The
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Neosho sees huge growth in housing market

“The golf course on the western side of town, that's where all of our growth is,” says John Harrington, Neosho development services manager. The city of Neosho is seeing expansion in many areas, including the housing market. “We are permitting homes almost everyday,” says Harrington. Last year
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Christopher Herbert Elected to Freddie Mac Board of Directors

Freddie Mac announced that Christopher E. Herbert was elected as a director on the company's board of directors. Herbert, 57, has extensive experience relating to housing policy and urban development. “We are very pleased that Chris is joining the Freddie Mac Board,” said Christopher S. Lynch,
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Why ConocoPhillips is selling off land in the world's hottest oil play and buying Canadian gas assets

CALGARY – ConocoPhillips Co. is selling off land in the world's hottest oil play and buying up natural gas assets in Canada amid a flurry of deals in the domestic gas sector and in emerging Canadian energy plays. Houston-based oil major ConocoPhillips announced this week it had sold off multiple
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Banc of California Announces Expansion of Commercial Banking Team in Los Angeles and …

SANTA ANA, Calif., April 4, 2018 /PRNewswire/ — Banc of California announced today it has expanded its Commercial Banking group in both Los Angeles and Orange County. The Company announced the hiring of Thomas Hill as Commercial Banking Market Executive for Los Angeles, and has
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LA real estate investor places $74M bet on South King County

LA real estate investor places $74M bet on South King County

The company considers both the Row and Union long-term investments, Gelt Chief Operating Officer Jeff Harris said. The Row (25426 98th Ave. S.) has 247 units and sits on 10.8 acres, and the Union (2111 S.W. 352nd St.) is a 7.9-acre property. FPA had made some improvements to both, and Harris
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Job ads hint at Amazon plans for express food delivery across Philadelphia region

Jacob Adelman covers property deals, retail trends and the hospitality business as the commercial real estate reporter. … in some markets are meals from area restaurants, similar to services offered by GrubHub and Caviar, and inventory from Whole Foods Market, which Amazon acquired last year.
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Barcelona ride second-half surge, fortune to commanding first-leg lead vs. Roma

BARCELONA, Spain — Three quick thoughts from Camp Nou on Barcelona's 4-1 win over Roma in the first leg of their Champions League quarterfinal. 1. Barcelona take advantage. Two own goals, a Gerard Pique tap-in and Luis Suarez's first goal in Europe this season put Barcelona on track to reach
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Ranieri Solutions and Symbiont Partner to Transform the Mortgage Industry with Blockchain …

NEW YORK–(BUSINESS WIRE)–Ranieri Solutions, a financial services technology investment firm founded by Lewis S. Ranieri, father of the securitized mortgage market, has partnered with Symbiont, the market-leading blockchain and smart contract company, to explore opportunities to use Symbiont's
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Studio Bank adds hires, launches new division

The team at Studio Bank — which hopes to launch Nashville's next homegrown lender this year — continues to boost its roster. On Wednesday, the upstart bank announced Jeff Deveraux and Heather Redmond have joined Studio to launch a mortgage-banking division. The new hires are the latest
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Real estate investors form group

… learn and network. Details are available at www.IndianaStateREIA.org or call the marketing chair at 317-670-8491 for an informational packet. Hosted in conjunction with CIREIA, Central Indiana's largest non-profit real estate investing group in the state, more information is available at www.Cireia.org.
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Real Estate Update by Merri Ann Simonson

This includes all price ranges but unfortunately isn't 100% reliable due to property listing histories which include the resets from changing agents and the always popular, off market periods. Another data source we use to analyze market trends is the movement in our medium home price but it is only
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Homebuilders: The bright spot in this down market

Lennar posted better-than-expected first-quarter earnings, with the company selling more homes at higher prices, while the company offered some bullish commentary on the future of the housing market. There have been concerns that higher home costs, including higher interest rates affecting
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Wolves Fortunes

It is comforting, though, when I am feeling down and I can look back at one of my fortunes and think, “Hell yeah, I AM going to be rich soon, thanks fortune cookie.” Then, I continue living my life while making no changes until I am down again, and the cycle repeats. Fortunately for me, this Wolves team
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Fidelity National Financial Announces 1st Quarter 2018 Earnings Release and Conference Call

JACKSONVILLE, Fla., April 4, 2018 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, will release 1st quarter 2018 earnings after the close of regular market trading on Wednesday, May 2,
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Drought likely part of 'cooling' Western Cape house price growth – expert

Cape Town – The severe drought in the Western Cape could be starting to play a “cooling” role on its economy as well as on its housing market, according to John Loos, household and property sector strategist at FNB. The once lively house price growth in the Western Cape has slowed to nothing more
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HousingWire Names ReverseVision to Its TECH100 List of Housing's Most Innovative Tech …

SAN DIEGO, Calif., Apr 04, 2018 (SEND2PRESS NEWSWIRE) — ReverseVision, the leading provider of technology and training for the Home Equity Conversion Mortgage (HECM) industry, today announced it has been named to HousingWire's HW Tech100(TM) list of innovative housing technology
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Closed-End Home-Related Loan Delinquencies Down

Delinquencies for closed-end residential property loans were down in the fourth quarter of 2017, according to the latest Consumer Credit Delinquency Bulletin from the American Bankers Association (ABA). Home equity loan delinquencies fell from 2.42 percent in the third quarter to 2.28 percent in the
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China's Pork Tariffs Could Eventually Make the Price of Bacon Go Up

As a trade war between the U.S. and China escalates, tariffs imposed by the two nations have American producers in industries ranging from cars to wine feeling nervous. And one sector likely to be hard-hit may directly affect your breakfast table. Pork, one of the 128 U.S. exports that China on Monday
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Ocwen's Global Women's Network Making a Real Difference

At Ocwen Financial Corporation, Lola Oyewole, Director of Human Resources and Chief Diversity Officer; Barbara Holmes, Director of Internal Review Group; and Toni Harrigan, Chief Market and Credit Risk Officer, are three of the leaders of Ocwen's Global Women's Network (OGWN). OGWN, which is
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Data costs holding back full adoption of banking apps

The cost of data continues to impact on more widespread adoption of mobile banking applications in most markets – while uptake of other digital banking platforms remains sluggish on the continent. This has seen USSD and SMS banking emerge as prevalent mobile banking platforms in Africa
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Beer City USA: How Grand Rapids embraced its title to become a destination for craft beer

A year later, New Holland Brewing Company inked a partnership with Pabst Brewing Company to expand its distribution and sales throughout the country. Before the Beer City USA title, Grand Rapids had a growing downtown focused mostly around the Van Andel Arena and the Amway Grand Hotel.
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China's wealthy are still buying up the UK's so-called golden visas

The UK has retained its position as a key destination for high-rolling Chinese investors, despite fears that its exit from the European Union would make it a less attractive hub for foreign investment. Chinese investors sank £20 billion ($28 billion) into the UK economy in 2017, becoming the top recipient of
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Ministry Of Economy And Industry And The Tel-Aviv Stock Exchange Are Launching A New Index …

The index's launch constitutes an investment channel for both domestic and international investors that are interested in being exposed to the Israeli industry. Against the background of the economic returns and the greater importance of technology, Israeli creativity constitutes a focal point for attracting
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Sen. Cortez Masto: It's Time for Congress to Overhaul Its Sexual Harassment Policies

The numbers are startling. Four out of 10 female congressional staffers believe that sexual harassment is a problem on Capitol Hill, according to a 2016 CQ Roll Call survey. One out every six of these women say they themselves are survivors of sexual harassment. These numbers show just how
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Alternative Credit: Providing a Pathway to Homeownership

Alternative Credit: Providing a Pathway to Homeownership

The key, ultimately, will be a standardization of the process. Even though Fannie Mae and Freddie Mac are purchasing a small number of these alternative credit loans today, the mortgage industry as a whole will need to adopt unified standards for underwriting and qualifying these loans in order to bring
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Global Peer to Peer Lending Market Size, Status,Analysis by Regions and Forecast 2022

The data and the information regarding the Global Peer to Peer Lending Market are taken from reliable sources such as websites, annual reports of the companies, journals, and others. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations
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Police seek leads in 2003 homicide of Richmond mortgage broker found dead in Stratford Hills

RICHMOND, Va. — It's been almost 15 years since police discovered the body of Darnell Harris in Stratford Hills. On Aug. 17, 2003, police were called to the 7200 block of Berwick Road after receiving a report of a deceased body in a gray Honda Passport. The individual police found was Harris, who
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'Control the controllables' and other things that helped this guy become one of Orlando's top …

based real estate investment firm Real Capital Solutions bought the distribution complex with three large warehouses at 19925 Independence Blvd. from Magnolia Partners Ltd. Murphy, along with Monica Perez Wonus of CBRE Inc. in Orlando, represented the seller. The center, built in 1999, previously
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Vancouver housing market slows, prices remain high

The Real Estate Board of Greater Vancouver says high prices, new taxes, rising interest rates and stricter mortgage requirements are some of the factors causing a recent slowdown in the buying and selling of properties. Real estate board president Phil Moore says, even with lower sales, prices will
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Data dig: Big investment firms have stopped gobbling up California homes

This story is the second in a two-part series answering reader questions about our in-depth explainer on California's sky-high housing costs. Astronomical prices are forcing a rising share of California families to postpone buying a house. As a result, the state's record-low homeownership rate has been a
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They bought their prebuilt homes at the market's peak. Now they face financial ruin

The desperate buyers say they have been trapped in a unique period in the Toronto area housing market — one engineered by provincial policy designed to cool the soaring costs of housing. The problem has been compounded by new mortgage rules that they believe have the potential to drive
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Auckland housing market perks up in March, says Barfoot & Thompson

The Auckland residential property market showed some signs of life in March with sales reaching their highest point in 12 months, according to the city's largest realtor. The average sale price for March was $931,292, up 1.3 per cent on February's average, but still down 3.8 per cent versus the same
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Mortgage Rates Still Solid Despite Warning Signs

Mortgage rates were sideways to slightly lower today, depending on the lender. That presents something of an opportunity because underlying bond markets have been suggesting a move in the other direction over the past few days. In other words, the bonds that underlie mortgage rates have
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Fortune Society Kicks Off Rooftop Gardening Season in West Harlem

On Tuesday, April 3, The Fortune Society kicked off its 2018 Rooftop Horticulture Program for formerly incarcerated and formerly homeless clients as well as for families who live at Castle Gardens – Fortune's supportive permanent housing on West 140th Street in West Harlem. Even though the rooftop
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Mortgage Apps Decline

Refinance mortgages continued to decline during the week with the Refinance Index decreasing 5 percent over the previous week. The refinance share of mortgage activity decreased to its lowest level since September 2008 to 38.5 percent of total applications, from 39.4 percent last week, while the
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New 'digital mortgages' mean pen and paper are no longer needed

A new dawn of “digital mortgages” begins today as the Land Registry is moving the process online to save time and hassle for millions of homeowners. The first mortgage deed not to have been signed with a pen and paper has been accepted today as part of a trial with Coventry Building Society, the
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Manafort Judge Is Skeptical of Lawsuit Disputing Mueller's Authority

A federal judge expressed deep skepticism that Paul Manafort could use a civil lawsuit to attack Special Counsel Robert Mueller's authority to charge Manafort with crimes unrelated to his role as President Donald Trump's former campaign chairman. The comments by U.S. District Judge Amy Berman
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Cash boost for village hall project

Debbie Fortune Estate Agents has donated £4,000 to the Congresbury New Village Hall Development Trust, which hopes to create a hub for clubs and events. The estate agents, which recently opened an office in Congresbury, pledged a portion of its 2017 income from the sales and lettings in village to
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Positive News Coverage Somewhat Unlikely to Impact Capstead Mortgage (CMO) Share Price

Capstead Mortgage logo News stories about Capstead Mortgage (NYSE:CMO) have been trending positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks
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JPMorgan's top bank analyst just slammed Deutsche Bank's Wall Street business

JPMorgan's top banks analyst said Deutsche Bank needs to slash its US operation. In a note out Wednesday, Kian Abouhossein estimated that Deutsche Bank's US business, which he says is centered around corporate and investment banking, consumes 20% of the bank's capital, has 10,000 staff, and
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Rex Energy Defaults As Talks With Lenders Continue

Rex Energy Corp. said in a regulatory filing this week t failed to make a semi-annual interest payment that was due on Monday (April 2) for its senior notes, necessitating a forbearance agreement with lenders to prevent the acceleration of other debt obligations. The company entered the forbearance
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Banking Disruptors: Payment Processing

Companies like Square (NYSE:SQ) have made it easier for merchants of all sizes to accept card payments. In this segment from Industry Focus: Financials, analyst Michael Douglass and Motley Fool contributor Matt Frankel talk about the ways that technology is disrupting big banks, and what this trend
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Missoula real estate scene remains a seller's market

MISSOULA – There are no surprises to be found in the latest Missoula Housing Report as prices continue to drive home sales with shoppers scrambling to find homes and sellers continuing to enjoy a robust market. If you've tried to buy a house in the Missoula area in the past few years you know the
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“Father of securitization” Lewis Ranieri partners with blockchain company Symbiont

“The mortgage market, despite significant efforts, continues to lag behind from a technological standpoint creating inefficiencies that impact mortgage loans throughout their lifecycle,” Ranieri said. “By partnering with Symbiont, a proven blockchain pioneer, Ranieri Solutions believes that together we can
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Barclays unveils green mortgage

Barclays unveils green mortgage

Barclays will next week launch a green home mortgage that gives a rate discount for energy efficient properties. The product is the first in the UK to give cheaper rates to those buying homes with an A or B EPC energy efficiency rating. The product will give discounted rates on two- and five-year fixed
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Freddie Mac: Boomers, Gen Xers less interested in buying a home

And about 31% of urban renters do not see homeownership in their future, up from 27% in August. Freddie Mac's renter research is based on a survey conducted online from January 30 to February 1 among 4,115 adults aged 18 and over, including 1,209 renters, by Harris Poll, on behalf of Freddie Mac.
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Real estate icon Pam Golding hailed for her entrepreneurial spirit

Cape Town – Role players in the property and business sector have paid tribute to property icon and businesswoman Pam Golding, who passed away on Tuesday at the age of 90. Samuel Seeff, group chair of the Seeff Property Group, told Fin24 that Golding made a significant contribution to the real
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National Mortgage Lender PrimeLending Kicks Off Wish-Granting Program with Make-A-Wish

DALLAS–(BUSINESS WIRE)–Top Ten residential mortgage lender PrimeLending1, a PlainsCapital Company, kicks off a spring employee-driven fundraising campaign to support the North Texas chapter of Make-A-Wish. The company plans to raise enough money, at least $10,000, through employee
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Insurance, real estate and transport counters witness selling pressure on QSE

Stronger selling pressure, especially in insurance, real estate and transport counters, was witnessed on the Qatar Stock Exchange, which remained above 8,700 levels on Wednesday. Local retail investors turned net sellers and there was substantially weakened buying interests from Gulf institutions as
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Is Buying Stock Like Superior Industries International, Inc. (SUP) After Such Increase Winning …

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.16, from 1.29 in 2017Q3. It dived, as 16 investors sold Superior Industries International, Inc. shares while 38 reduced holdings. 18 funds opened positions while 43 raised stakes. 21.51 million shares or 4.98% more from 20.49 million shares in
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Capacit'e Infraprojects receives repeat orders worth Rs 365.50 Crores from Oberoi Realty Group

Capacit'e Infraprojects receives repeat orders worth Rs 365.50 Crores from Oberoi Realty Group … The order is worth Rs 145.50 Crores (including taxes) This is the 3rd order from Oberoi Realty Group. … Subscribe to our mailing list and get interesting real estate stuff updates to your email inbox.
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HousingWire Honors Matic as Top Innovator in Housing Tech

SHERMAN OAKS, Calif., Apr 04, 2018 (SEND2PRESS NEWSWIRE) — SHERMAN OAKS, Calif., April 4, 2018 (SEND2PRESS NEWSWIRE) — Matic, a fintech company whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced it has
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HarborOne Bank spins off Merrimack Mortgage business, founds HarborOne Mortgage

In a release, HarborOne said that having Merrimack in the fold allowed the company to “significantly increase the size of its fee-based mortgage banking business and secure a stronger foothold” in lending markets in the New England region. “This is a natural evolution for the robust mortgage business
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Japan banking: Daiwa pins hopes on a big idea

It is eight and a half years since it announced its intention to buy itself out of its joint venture with Sumitomo Mitsui Banking Corporation (SMBC), and ever since then it has faced questions about its future. It has a powerful (although second-best) retail distribution network in Japan but faces challenges at
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Fannie Mae now allowing lenders to contribute to borrower closing costs

Recently, HousingWire exclusively reported that United Wholesale Mortgage would be ending its 1% down program, in which the lender was gifting the entire 2% of the down payment to the borrower and not pricing the gift into the loan. But now, lenders who sell their loans to Fannie Mae can begin
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Short-term rentals may face tougher rules in Massachusetts

The House opted for a tiered system that would impose a 4 percent state tax on rentals by individuals who offer no more than two rooms for rent. Short-term rentals made through a professional property manager or investor host would be taxed at 5.7 percent and 8 percent, respectively. The Senate says
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Oak and Main School in Vineland easing toward settlement

The hold-up is reportedly with property lines in the area, school board president Jeff Bordley told The Daily Journal, adding attorneys and the title company are working to address it. “The board should be receiving an update or resolution to this issue, hopefully, at the April meeting,” he said. The next
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Wasatch Front commercial real-estate sales still going strong after record $2.2 billion year in 2017

(Steve Griffin | Salt Lake Tribune file photo) The November opening of a new headquarters building by Salt Lake City-based Alsco, short for American Linen Supply Co., was part of a record-setting year for the Wasatch Front's commercial real-estate sector. By Mike Gorrell. · Published: 3 hours ago
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Financial Stock to Track: Investors Title Company (ITIC)

Every trading day indicate diverse behavior and trends about Investors Title Company (ITIC) stock. Now we observed the different factors that seen on close of Tuesday session. At the end of the day, it's only a stock's performance that matters. Active investor focuses on important indicators those changes
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Deal without a mandate: Turnbull dips back into investment banking

It's 17 years since he quit his investment banking role at Goldman Sachs, but he is spruiking a deal for AGL to sell its Liddell power station to fellow energy operator, Alinta, without a mandate from either. Despite previous attempts by the government to pressure AGL into keeping Liddell open beyond
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RBI enjoys equal regulatory power over both private and public banks: Govt

The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks, in the light of the ongoing debate that the regulator doesn't enjoy full regulatory supervision over state-run banks as against private
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These Fortune-Telling Tea Cups Made Divination Easy

Enter the fortune-telling tea cup, which first emerged in the early 20th century. Thanks to its paint-by-numbers approach to tasseography, anybody could tell a fortune. Soon, a number of porcelain-makers in the U.S. and England were making their own versions. From the outside, some fortune-telling
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China Tariffs Could Wreck Republicans in November

President Trump may insist—as he did on Twitter Wednesday morning—“We are not in a trade war with China,” but the $50 billion in tariffs his administration proposes putting on Chinese goods has already spooked markets, with a broad sell-off hitting U.S. stocks. The damage could also extend to the
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Financial news in brief: US stocks dive, then recover

… begin offsetting its energy use with generation from Invenergy's Santa Rita East wind farm in Texas in the third quarter of 2019. — From news reports. Coming today. 8:30 a.m.: Commerce Department releases international trade data for February. 10 a.m.: Freddie Mac releases weekly mortgage rates.
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Paul F. 'Pete' Spangler Jr., mortgage broker and graduate of the old Towson Catholic High, dies

Paul F. 'Pete' Spangler Jr., mortgage broker and graduate of the old Towson Catholic High, dies

Paul F. “Pete” Spangler Jr., a retired mortgage banker who had also worked in sales, died Saturday from renal and heart failure at Stella Maris Hospice. The Towson resident was 85. Paul Francis Spangler Jr. was the son of Paul Francis Spangler Sr. and Mary Louise Hall Spangler. He was born in
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Keep an eye on High dividend yield Stock: Apollo Commercial Real Estate Finance, Inc. (ARI)

Typically 20-day simple moving average is useful at identifying swing trading trends lasting 20 days. Apollo Commercial Real Estate Finance, Inc. (ARI) recently closed with fall of -2.77% to its 20-Day Simple Moving Average. This short time frame picture represents a downward movement of current price
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HousingWire Honors Matic as Top Innovator in Housing Tech for 2018

“Matic works with companies across the housing ecosystem – from real estate agents to mortgage originators to mortgage servicers – to transform homeowner's insurance into an integrated part of the mortgage process,” said Matic CEO Aaron Schiff. “We are honored to be named among HousingWire's
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Barrie man wins $100K on Wheel of Fortune lottery ticket

Barrie man wins $100K on Wheel of Fortune lottery ticket. CTV Barrie Published Wednesday, April 4, 2018 3:58PM EDT. A Barrie man won $100,000 on a Wheel of Fortune lottery ticket. Kwaku Agyei-Amoama took home the top prize in the March 7 draw. Agyei-Amoama purchased the ticket at the
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Calyx Software named one of the 2018 HW Tech100 Winners

DALLAS, TX (April 4, 2018) — Calyx Software, a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, announced today that it has been named one of HousingWire's 2018 HW Tech100™ winners.
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Bitcoin Price Falls Below $7000

A potential trade war between the U.S. and China is affecting more than just Wall Street today. Cryptocurrencies are suffering amid the uncertainty, sending Bitcoin prices below $7,000. Bitcoin prices hit $6,919 in mid-morning trading Wednesday. Since the digital coin's stunning escalation in value last
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Deutsche Bank wants to add the former CEO of Merrill Lynch to its board

FRANKFURT (Reuters) – Former Merrill Lynch CEO John Thain is being nominated to the supervisory board of Deutsche Bank , Germany's largest lender said on Wednesday. The nominations for the supervisory board come amid questions over the leadership of the loss-making bank and the future
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Raja Mukherjee joins Sowparnika Projects and Infrastructure Pvt. Ltd. as New Chief Marketing Officer

He has a rich mix of experience in Marketing, Sales and Strategy across various industries as in Pharmaceuticals, FMCG, corporate restructuring and Real Estate spanned over 17 years. Previous to joining Sowparnika he was the CMO at GG- CNTC India, an Indo-Chinese venture. Before that he was
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Trump to Send National Guard to Mexico Border to Bolster Agents

President Donald Trump is directing the National Guard to assist border patrol agents along the U.S.-Mexico boundary, Homeland Security Secretary Kirstjen Nielsen said Wednesday. Nielsen declined to say how many troops would be sent to the border or how long they would stay there but said the
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How to Sidestep Rising Rates on Your Home-Equity Loan

When a deal's closing date nears, they send the home buyer an e-mail that appears to come from the real estate agent or title company that's handling the closing. The e-mail directs the home buyer to wire funds for the closing costs and the down payment to a fraudulent account. To protect yourself from
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EBA's OERB Finds Employers Behind in Benefit Plan Design Efforts

SourceMedia Research provides research solutions for marketers, agencies and others targeting sectors such as banking, payments, mortgage, … Buyer, Financial Planning, Accounting Today, Mergers & Acquisitions, National Mortgage News, Employee Benefit News and Health Data Management.
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Banks Get First Quarter Boost From US Syndicated Lending: Freeman

Although leveraged lending volume was down 33% in the first quarter from the same quarter last year, according to Thomson Reuters LPC, Freeman said there was a shift toward more new-money issuance and more sponsor-led versus corporate-led deals that are higher-margin transactions.
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50-Plus-Year-Olds Control 75% of Britain's Housing Wealth

Britain's homeowners over the age of 50 control 75% of the nation's entire housing wealth, according to a report Wednesday by Savills. With a total of £2.8 trillion (US$3.94 trillion) in real estate equity, the domination that older homeowners have over the housing market demonstrates a huge
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Just Listed In Ocean City: 4-Bedroom Home On Market For $560K

Home was lifted to accommodate flood standards with venting and 5-foot home storage area the length of house with locking access. New siding, roof, 2-zone heater and AC, electronic thermostats, high hat lighting and maintenance free decks/rails. Perfect for guest overflow or onsite rental income.
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Simplifile Recognized as an Innovative Mortgage Tech Company on 2018 HW Tech100

Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that it has been included on the fifth annual HW Tech100 list published by housing and mortgage industry trade magazine HousingWire. This year
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G5 Lead Insights Improves Marketing Attribution 90% For Real Estate Property Management …

BEND, Ore.–(BUSINESS WIRE)–G5 is pleased to announce Lead Insights, a new lead attribution system within the G5 Intelligent Marketing Cloud that delivers 90% more data to help marketers better understand both on- and off-line responses. Lead Insights enables Real Estate Property Management
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Soldiers of Fortune: How 3 Army Vets Allegedly Became International Hitmen

A federal trial that began this week in New York City will determine whether or not three former U.S. soldiers, including an Army sniper with Special Forces training, traveled as mercenaries to the Philippines to kill a real estate agent on behalf of a South African crime lord. Joseph Hunter, Adam Samia,
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Why senior bankers complain about millennials

“Millennials, and in this case I'm thinking of investment banking analysts in particular, do seem to think of their job as a stepping stone, always looking at their next landing spot rather than striving to climb the ladder internally,” says a managing director at a Wall Street bank who asked to remain
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Vancouver townhouse prices set record in March as affordability crisis persists

The Vancouver region's affordability crisis persists as buyers drive up townhouse prices to record levels. The average price for townhouses sold in the area reached a new high at $966,221 in March, up 16.3 per cent from a year earlier, the Real Estate Board of Greater Vancouver said on Wednesday.
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CreditXpert Inc. Releases CreditXpert® 9.3 Mortgage Software Update

BALTIMORE, April 04, 2018 (GLOBE NEWSWIRE) — CreditXpert Inc., the leading credit analysis and management solutions provider, today announced the release of its CreditXpert® 9.3 mortgage software update. Included in the release are two new features in CreditXpert® What-If Simulator™, which
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New York Pushes JPMorgan, BofA, Visa to Reconsider Gun Sales

New York Pushes JPMorgan, BofA, Visa to Reconsider Gun Sales

New York state's pension funds are urging credit-card companies to consider following Citigroup Inc.'s lead in cracking down on gun-sellers. Comptroller Thomas DiNapoli, the financial watchdog who also oversees the $209.1 billion retirement system for public employees, sent letters last week to nine
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Bangladesh Bank not practising what it preaches on curbing aggressive lending: Analysts

Bangladesh Bank not practising what it preaches on curbing aggressive lending: Analysts. Abdur Rahim Harmachi, Chief … The Bangladesh Bank is rowing back on the monetary policy it adopted to curb aggressive lending as it now wants to ease liquidity crisis in banks in the year of general elections.
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Mortgage Application Levels Take a Dip

“Heading into the holiday weekend, mortgage application volume fell a bit both for purchase and refinance volume,” said MBA Chief Economist Mike Fratantoni. “Mortgage rates were little changed for the week, despite the increase in financial market volatility. Potential homebuyers may be a little rattled
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Nigerian Monetary Policy Committee retains lending rate at 14%

The Monetary Policy Committee, MPC, has once again retained the Monetary Policy Rate at 14 percent due to persistent uncertain economic conditions and high inflation. DAILY NIGERIAN reports that the governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, said this while briefing journalists
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Foxconn to Manufacture Blockchain Phone From Sirin Labs

So far, more than 25,000 units have been preordered, the company said. Sirin aims to ship from 100,000 to a few million units this year. The device seeks to integrate all kinds of tokens. It will let owners shop on crypto friendly sites like Overstock.com and Expedia, converting cash into specialized tokens
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US is said to restrict lenders in veterans' mortgage crackdown

Two lenders have been punished by a top U.S. mortgage agency amid its concern that they enabled costly rapid refinances of veterans' home loans. NewDay USA and Nations Lending Corp. have been restricted effective this week from issuing Ginnie Mae bonds that are intermingled with loans from
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BMW Subscription Pilot Puts You in a Top Tier Car for $3700 a Month

GundryMD · How To Fix Your Fatigue (Do This Every Day)GundryMD · Credit.com · The Highest Paying Cash Back Card Has Just Hit The MarketCredit.com · Kelley Blue Book · 10 Cars That Impressed Us the Most in 2017Kelley Blue Book. LIVE ON BLOOMBERG. Watch Live TV Listen to Live Radio
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Ensign Group Boosts Arizona Base With Real Estate Buyout

The Ensign Group, Inc. (ENSG – Free Report) has acquired the real estate and operations of Peoria Post Acute and Rehabilitation, a 128-bed skilled nursing facility located in Peoria, AZ. The buyout was effective Apr 1, 2018. An adjacent 50-bed long-term acute care hospital, operated by a third party
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Decisions of the annual general meeting of shareholders of EfTEN Real Estate Fund III AS 04.04 …

The annual general meeting of shareholders of EfTEN Real Estate Fund III AS was held on 04 April 2018 in in the Radisson Blu Sky Hotel Conference Center (2nd floor, Tallinn, Rävala pst 3). 111 shareholders attended the meeting representing 64,10 % of the total votes represented by the all shares.
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Far Cry 5 Breaks Franchise Sales Records, Becomes Series' Fastest Selling Title

In fact, Far Cry 5 holds the company's second biggest launch ever with $310 million in consumer spending during its first week. The company's top title is currently held by Tom Clancy's The Division. Players are also engaging exceedingly well with the popular title, with over 55,000 hours of streaming
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New Zealand house price growth quickest in nine months in March: QV

Gains in March were led by surging prices in smaller cities, including the southern center of Dunedin, which posted a 9.4 percent rise. House prices in the Auckland region, once the epicenter of house price inflation, were just 1 percent higher in the year to March, compared with a 0.8 percent lift the
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Manhattan Co-op and Condo Sales Dropped in 1Q 2018

By David Chiu 4 April 2018 Buying & Selling Real Estate Trends … rates were among the factors that contributed to the decline of Manhattan co-op and condo sales year-over-year during the first quarter of 2018, according to the latest report released on Tuesday. by real estate firm Douglas Elliman.
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Ford Escape Fails Passenger Safety Test

Ford's Escape SUV earned a “poor” rating the Insurance Institute for Highway Safety's new passenger side front crash test, the only small SUV in the group to fail. The test is the flip side of the driver's side test that the Institute has been doing for the past five years, CNN reports. For the test, a vehicle is
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Facebook Says Data on 87 Million People May Have Been Shared

This is Facebook's first official confirmation of the possible scope of the data leak, which was previously estimated at roughly 50 million in news reports. About 270,000 people downloaded a personality quiz app and shared information about themselves and their friends with a researcher, who then
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How Do You Like Them Apples? PACA and Your Property

This 88 year old act has become important to property owners, lenders, and title companies because of a 2013 New York state court case holding that PACA lien holders had a claim superior to the claim of a mortgage holder to a piece of real property. The Bank of New York, as Trustee, for the benefit of
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African American History Museum Is Testing A New 'Old' Way To Visit

The National Museum of African American History and Culture in Washington D.C., is testing out the old school method of walking up and standing in line to manage the thousands of people who visit the popular museum every day. But just on Wednesdays during the month of April. The museum, which
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eQuest Reports the Most Fundamental Detail in a Job Posting that Attracts the Most Candidates

SAN RAMON, Calif., April 04, 2018 (GLOBE NEWSWIRE) — eQuest, the Internet's largest job posting distributor that gathers job board performance records by the billions, recently released a study of more than one million job postings advertised globally over the past 12 months to determine which part
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'He's making a fortune off the taxpayer': Candidate bashes GOP rival in governor's race

“It's a matter of honesty — he's making a fortune off the taxpayer,” Allen said in an interview. “John Cox is getting government loans for his properties and then raising the rents on his tenants … He has allowed himself to have this lavish lifestyle with taxpayers' hard-earned money.” Cox is the sole
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Form N-MFP2 DAVIS SERIES INC For: Mar 30

… 0.9997 0.9998 0.9997 0.9996 0.9997 11566935.41 11976390.05 241093.83 1045791.61 804951.05 5878927.78 814453.99 732405.54 12572808.83 1648818.79 15712073.41 16858836.26 0.0105 N Freddie Mac Freddie Mac 4.600000% 3128X1JY4 US3128X1JY45 U.S. Government Agency Debt
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CMBS Delinquency Rate Inches Up

The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) rose slight last month, the first upswing since June 2017, according to new data from Trepp LLC. In March, the Trepp CMBS Delinquency Rate upticked by four basis points to 4.55 percent. However
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The striking similarities between mortgage-backed securities and the 17th century financial system

The striking similarities between mortgage-backed securities and the 17th century financial system

And yet, there are eerie similarities between the mortgage-backed securities of the 21st century and a financial product that was issued over three centuries ago, in the 17th century, known as collateralized treasury obligations. In an era before the Bank of England, the London Stock Exchange, rocket
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Real estate funds just raised the most cash in a Q1 since 2008

New York's real estate industry has plenty to worry about in early 2018, from rising interest rates to trade wars and a potential cyclical downturn. But strong private fundraising is an indicator that it might not get so bad after all. A staggering $33 billion in new private real estate funds closed globally
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Toronto home prices show signs of rebound

House prices in the Toronto area continued to show signs of stabilizing in March, fuelling predictions the city will see stronger growth in the second half of 2018. The Toronto Real Estate Board (TREB) said the average home in the Greater Toronto Area sold for $784,558 in March, down 14 per cent from
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Major review of Island's future housing needs

… review of the Island's future housing needs has begun to examine what impact an ageing and growing population could have on the housing market. … examination of Jersey's future housing needs to help us make decisions about the number and type of new homes that will be required over the next
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US Is Restricting Lenders in Veterans' Mortgage Crackdown

NewDay USA and Nations Lending Corp. have been restricted effective this week from issuing Ginnie Mae bonds that are intermingled with loans from other lenders, according to a person familiar with the matter. The move follows an examination by Ginnie Mae, a government-owned corporation that
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Far Cry 5 is the fastest selling title in franchise with $310 million in sales

The company said Far Cry 5 is now the fastest selling title in the franchise's history, not just in the UK, with digital distribution accounting for more than 50% of sales. Far Cry 5 players have also racked up some interesting stats: over 55,000 hours of the game have been streamed on Twitch and YouTube
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Lending Older Dogs a Hand with Senior-specific Products

With dogs living longer, the number of senior pets is on the rise. Now, with those over 7 years of age being categorized as adults and subcategorized as geriatric, it gives pet specialty retailers a golden opportunity to focus on this market and stock the growing number of products targeting this category
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Data Capitalism And The Banking System

Data capitalism is being described as capitalism that is driven by data usage and data analysis and is already changing many parts of our economy. Financial institutions have lots of information about people and could,if they wanted to, gain access to more that could be used in serving customers, not
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Croatia banking on continued economic cooperation with Russia

The company is facing a debt crisis and it is indebted to Russian banks alone to the tune of roughly 1.3 bln euro or 30% of its total debt. In April 2017, the government of Croatia began bailout procedures for the company and initiated a restructuring scheme. Agrokor founder Ivica Todoric was put on
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Alex Rodriguez helping former Hawk rebound after losing $61 million fortune

Hawks forward Joe Smith (32) has missed the past eight games with a dislocated left thumb. Former NBA player and Atlanta Hawk Joe Smith lost his $61 million fortune and now owes over $150,000, according to CNBC. Smith was the No. 1 overall pick in the 1995 NBA Draft. He signed a one-year deal
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Inside the case in which SA jurors awarded $706M to a tech startup

Canary Analytics, the San Antonio-based subsidiary of San Francisco-headquartered HouseCanary Inc., was the defendant in a lawsuit filed in April 2016 by the company then known as Title Source Inc., which has since changed its name to Amrock Inc. Both Amrock and Quicken Loans are owned by
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Ellen Carnahan Buys 1090 Shares of Enova International Inc (ENVA) Stock

Enova International logo Enova International Inc (NYSE:ENVA) Director Ellen Carnahan bought 1,090 shares of the company's stock in a transaction on Friday, March 16th. The stock was bought at an average price of $22.85 per share, for a total transaction of $24,906.50. The purchase was disclosed in
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Houston banker becomes first woman named to Texas Bankers Hall of Fame

A Houston executive at Amegy Bank is now the first woman to be named to the Texas Bankers Hall of Fame at Sam Houston State University. Jill Vaughan has been recently named to the 2018 hall of fame class along with three other Texas bankers. She is the executive vice president and Southwest
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Google Bought Enough Clean Power for Whole Company and Then Some

… plants globally, according to New Energy Finance — more than double that of Amazon.com Inc., the next biggest green consumer. “It's a significant investment, leading to lots of new renewables projects,” Kyle Harrison, a New York-based analyst at Bloomberg New Energy Finance, said in an interview.
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Oracle's Safra Catz Raises Amazon Contract Fight With Trump

Oracle Corp. chief executive Safra Catz criticized the bidding process for a huge Pentagon cloud computing contract in a private dinner with President Donald Trump on Tuesday, complaining that it seemed designed for Amazon.com Inc. to win, according to people familiar with the matter, Bloomberg
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Ripple Struggles to Buy US Listing for Popular Coin

For all the hype surrounding Ripple and XRP, its absence on markets like Gemini and Coinbase is eye-catching. By dangling money in front of … A Coinbase representative declined to discuss specific assets, but referred Bloomberg to the exchange's listing framework. It's not necessarily unusual to pay
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Surging Apple Hedging Costs Show It's Reeling From Trade Spat

While U.S. equities continue to struggle amid trade concerns, it's a stock that has remained relatively unscathed that hedgers are focusing on. The cost of protecting against declines in Apple Inc. shares has jumped to a two-year high, with the price between bearish and bullish options becoming the
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If Toronto wants affordable housing, it should build more luxury condos

Toronto, we now know, is in the midst of a housing availability and affordability crisis that is pricing many young people and middle-class families out of the city. As the average price across all housing types has surpassed $700,000, all levels of government appear to have been caught off-guard and are
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No simple answers in quest for better banking ways

Australian Prudential Regulation Authority chairman Wayne Byres used day one of The Australian Financial Review's 2018 Banking & Wealth Summit to release a weighty review on the role played by pay in risk taking and sharp practice at the banks. But when asked if he was surprised at the behaviour
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M&A daily wrap: Tony Pritzker-led PPC Partners, OEP, GlassRock Capital Partners, Blue Sage

Radian Group Inc. (NYSE: RDN) bought title insurance company Entitle Direct Group Inc. Ballard Spahr represented the buyer. Jeff Nahley launched Nashville-based family office GlassRock Capital Partners. Nahley previously focused on healthcare at Signal Hill, which was sold to DCS Advisory in
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New York Fed names John Williams president and CEO

New York Fed names John Williams president and CEO

Prior to becoming president, Williams was the executive vice president and director of research at the San Francisco Fed, which he joined in 2002. He began his career in 1994 as an economist at the Board of Governors. He also served as a senior economist at the White House Council of Economic
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Weekly Mortgage Applications Dip Over Stock Market Concerns

With stocks trading between highs and lows for weeks and with fears of a global trade war mounting, would-be homebuyers showed restraint, with mortgage applications decreasing 3.3% for the week ending March 30. That figure is according to the Mortgage Bankers Association's Weekly Mortgage
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Brazil Railroad Posting 755% Rally Fights to Keep Take-or-Pay Clause

On one side are heavyweight commodity traders like Bunge Ltd. and Louis Dreyfus Co., which buy grains from rural farmers and ship them to ports 1,200 miles away. On the other, Rumo Logistica SA, the only railroad operator along large swaths of Brazil's main-growing regions. Rumo's multiyear
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Who's Who in Residential Real Estate: Top-selling Realtors in 2017

The Who's Who in Residential Real Estate is a listing of regional agents whose sales topped $5 million in 2017. This year, we received more than 430 responses, up from 380 a year ago. There were 13 agents (or agent groups) topping $30 million in sales in 2017, 38 over $20 million and 136 who sold
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Spotify's Cautious Analysts Start to Emerge, Shares Stumble

… Corey Barrett, who doesn't have a rating on Spotify, said in an interview that there's a risk that larger competitors such as Amazon.com Inc. may price their music services more aggressively. … The stock has amassed five buy ratings, four holds and zero sells, according to data compiled by Bloomberg.
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INVESTORS' CORNER: Should I attend real estate meetings?

By Nasar. El-arabi Did you know a good deal of your success in real estate investing is attributed to getting to know and working with the right people? No kidding. It is my guess that you've heard the phrase, 'It's all about who you know'. Well, nowhere does it ring truer than in the real estate … Subscribe
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Denver-area home prices hit another high; inventory rising as spring selling season begins

DENVER – The weather is starting to get warmer and so is metro Denver's already-hot real estate market. The latest numbers from the Denver Metro Association of Realtors show that the median home price – for both single-family detached homes and condos – in metro Denver continued to rise in
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Trump Scoffs at China Trade War 'Lost' Years Ago by Predecessors

… by his predecessors, sounding a defiant tone amid tumult in financial markets a day after his administration slapped tariffs on 1,333 Chinese products. … soybeans to wine to Boeing Co. aircraft, a tougher response than many had expected, hammering U.S. stocks when markets opened in New York.
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Greater Toronto Area home sales dip 39.5 per cent from March 2017

Both sales and price figures reported by the Toronto Real Estate Board on Wednesday dropped significantly from last year — what some observers consider a market peak –when home prices and sales skyrocketed and bidding wars became the norm, pushing the Ontario government to introduce a
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Xact Kapitalforvaltning AB Buys New Holdings in Argo Group International Holdings, Ltd. (AGII)

A number of other institutional investors and hedge funds have also recently modified their holdings of AGII. Delpha Capital Management LLC acquired a new position in Argo Group International in the 4th quarter worth about $183,000. Ramsey Quantitative Systems bought a new stake in shares of Argo
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Digital Banking? Look To Asia And Africa For Leaders

But for now, I am going to focus on digital banking and the sharp contrasts between the speed of adoption in the developing world — Asia and Africa in his account — compared to technology deployed in banking in most of North American Europe. He is more than a little skeptical about banks that slap a
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When Should You Buy O2Micro International Limited (NASDAQ:OIIM)?

O2Micro International Limited (NASDAQ:OIIM), a semiconductor company based in Cayman Islands, saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $1.74 and falling to the lows of $1.36. This high level of volatility gives investors the opportunity
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Could Lincoln City fans be in line for a small fortune if they fancy a flutter in the Checkatrade Trophy …

The bookies have revealed how Imps fans could be in line to make a small fortune if they are prepared to put their money on Lincoln in the Checkatrade Trophy final. But it's not all good news as it seems Shrewsbury Town are tipped as the favourites to win the Checkatrade Trophy this Sunday, with some
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How does the Trump administration's plan to modernize fair lending stack up?

The Treasury Department on Monday released its plan to “modernize and improve” the Community Reinvestment Act, a 41-year-old law designed to fight the historic effects of government-sponsored lending discrimination. The move marks the first time the Trump administration has outlined its vision to
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Vancouver and the Canadian Real Estate Bubble

Vancouver, in British Columbia, Canada, is one of the most beautiful cities in North America. The metropolis is now being known for a much less envious reason: many real estate professionals hold the opinion that the Canadian city is now experiencing a real estate asset abnormal rise or what is
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Meet the 'Conductor' of the Open Banking Orchestra

Our challenge then was to improve the interoperability of infrastructure that was performing different functions in banks. Things have changed dramatically with the advent of Open Banking/PSD2. We are now working extensively to harmonise standards around the APIs that allow banks to connect their
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3 Insights for Small Businesses From Fed Survey on Bank Lending

In January, the Federal Reserve released the results of its quarterly survey of senior loan officers' opinions about trends in bank lending practices. As part of the Fed's effort to stay abreast of banking trends, the senior loan officer survey gauges changes in credit market demand and supply trends over
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March home sales slow in Metro Vancouver but prices stay high: real estate board

VANCOUVER — Metro Vancouver home sales over the first quarter of this year were the lowest in five years, but statistics from the Real Estate Board of Greater Vancouver show prices remain high. The board says home sales across the region in March tumbled 29.7 per cent compared with March 2017
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Colorado cannabis banking service partners with e-payment system

Safe Harbor currently banks more than $1 billion in compliance-based cannabis funds each year in Colorado. It's a division of the Partner Colorado Credit Union, and was started to minimize the risks a cash-based industry can impose. CEO Sundie Seefried created and launched a cannabis banking
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Greater Toronto Home Sales Drop Nearly 40%, Vancouver Sales Down Almost 30%

The average price of a home sold in Toronto has fallen by more than 14 per cent over the past year, to $784,558 last month compared with $915,126 in March last year. The board says the drop in the average selling price was due in part to the fact that sales of detached homes, which are generally more
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