Lennar Partners with Blend to Introduce Eagle Digital Mortgage Platform

Lennar Partners with Blend to Introduce Eagle Digital Mortgage Platform

MIAMI, April 9, 2018 /PRNewswire/ — To streamline the home loan process, Eagle Home Mortgage, a subsidiary of Lennar Corporation (NYSE: LEN and LEN.B), introduces the Eagle Digital Mortgage platform. Aimed at delivering a best-in-class, mobile-friendly application for its customers, the Eagle
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Apple Launches New iPhone 8 and 8 Plus in Red for HIV/AIDS Research

Apple Inc. announced new versions of the iPhone 8 and iPhone 8 Plus in red, keeping its entry-level iPhones fresh after being overshadowed for months by the iPhone X. The new color scheme is part of the “PRODUCT(RED)” initiative, a program that gives a percentage of sales to the Global Fund to
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Robo changes could take business off traditional mortgage brokers, FCA says

House-Home-Mortgage-Property-Hands-700×450.jpg The FCA says it expects technology changes to cause lenders to rely less on traditional mortgage brokers in the future. The regulator makes the prediction in its 'sector views' document, published alongside its 2018/19 business plan today.
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Senior Loan Officer Survey – First Quarter of 2018

The balance of opinion is calculated as the weighted percentage of surveyed financial institutions reporting tightened credit conditions minus the weighted percentage reporting eased
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Laurel Road Launches Digital Mortgage Platform

Building on the success of its student loan refinancing platform, Laurel Road, an online lender and FDIC-insured bank, recently launched a digital mortgage platform that delivers personalized mortgage options at real, competitive rates. Laurel Road's platform builds mortgages entirely online, simplifying
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Property prices in four major cities of Pakistan present mix picture

(Web Desk) – The property market in February for all four major cities of Pakistan presented a mixed picture of moderate growth and stability, showing the steady recovery of the real estate market from previous events. Very few drops were present, and were moderate. The upcoming elections have
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How Are Your Real Estate Taxes Spent? Find Out With Our Calculator

If you pay real estate taxes in Fairfax County, it may be difficult to understand how your tax money is being spent – most of us don't think in terms of billions or millions of dollars. You want to know how much you are paying for our public schools, public safety and other government services provided by
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Deutsche Bank Analysts See Doubt Persisting Over Investment Bank

Shares of Deutsche Bank rose as much as 4.7 percent in Frankfurt on Monday after the lender appointed Christian Sewing — a retail banking executive and three-decade veteran of the company — to succeed John Cryan as chief executive officer, ending weeks of turmoil. Garth Ritchie was named head
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432 Park Avenue Leads Luxury Real Estate in Another Strong Week

Despite multiple nor'easters, holidays and a volatile stock market, Manhattan's luxury real estate market has logged more than 20 contracts signed for the 10th week in a row. Contracts were signed on 29 properties priced at $4 million and above last week, according to Monday's Olshan Report, worth a
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Nordstrom's New Men's Store Is the First Step in Its Plan to Conquer New York

“It's the most important fashion market in the U.S.” Nordstrom.com president Ken Worzel told Fortune in a recent interview. “We don't think N.Y. needs another store, we get it. So it's up to us to make our case to customers.” (Nordstrom's Rack discount chain has two locations in Manhattan and others
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Comparing Walker & Dunlop (WD) & Security National Financial (SNFCA)

It originates and sells loans through the programs of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac, and together with Fannie Mae, the government-sponsored enterprises (GSEs)), the Government National Mortgage Association
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Cash-hungry Turkish banks raise rates to highest since crisis

Turkish banks, hungry for deposits to finance growth in loans, are offering the highest interest rates on lira deposits since the aftermath of the global financial crisis. Banks are offering an average of 11.75 percent annual interest on one-month deposits, data provided by Bloomberg HT television showed
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US Carriers Fall Short in TripAdvisor's List of the Top 10 Airlines

TripAdvisor has released its 2018 ranking of the world's 10 best airlines – and only one U.S. carrier made the list. Courtesy of Singapore Airlines. By Chris Morris. 11:47 AM EDT. Looking for quality service in the sky? Your best bet is to leave the country. TripAdvisor has released its 2018 ranking of the
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VP of Business Development Joins Planet Home Lending

Planet Home Lending, LLC, a privately held mortgage lender and servicer founded in 2007, announced that Bill Ervin has joined the company as VP of Business Development supporting the company's retail originations channel. Planet Home Lending is a privately held, national residential mortgage
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Nearly one million households are in mortgage stress

Risks in the system continue to rise, and while the recent strengthening of lending standards and the ongoing probe into the banking sector's lending practices will help protect borrowers, there are many households that are currently shouldering loans which would not be approved in today's stricter
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WATCH: Home Sellers, It's Your Market

The weather may not feel like it, but the spring home selling season is here and realtors say available inventories are the lowest they've seen in decades. Berkshire Hathaway HomeServices Indiana Broker Greg Cooper calls it an inventory drought, unlike anything he's see in his 30 years in the business
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Fintech Startups Raise $3.49B Globally in March

Lending startups led funding categories in March with $806.2 million in funding across 18 deals led by key startups such as Credit Karma, Mighty and Oodle Car Finance. There was 202 percent month-over-month growth in the funding in this space from February 2018. US-based lending startups raised
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Cheap Real Estate Stocks To Buy Today

Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. Slate Retail REIT and Summit Industrial Income REIT
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Freddie Mac Prices $1 Billion Multifamily K-Deal, K-731

MCLEAN, Va., April 09, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms.
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LCCG acquires Aegon Ireland's in'tl bond business to expand Utmost Wealth

Life Company Consolidation Group, the London-based parent of the consolidated life brand Utmost Wealth Solutions, is to acquire Aegon Ireland's international investment bond business from Athora Holding Ltd, the company said today. The purchase price and other details of the sale weren't disclosed
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A £10 gin from ALDI is named one of the best in the world AGAIN at a prestigious spirits competition

A £10 gin from ALDI is named one of the best in the world AGAIN at a prestigious spirits competition

Julie Ashfield, joint managing director of corporate buying at Aldi, said: 'Both firm customer favourites, we're particularly thrilled that our own-label Oliver Cromwell London Dry Gin, and Topaz Premium Gin have been successful at yet another international competition. It's always a proud moment when a
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The @Bitcoin Twitter Account Is at the Heart of Bitcoin's Big Schism

@Bitcoin carries the name of the largest cryptocurrency but, just like Bitcoin.com, frequently issued statements supporting Bitcoin Cash, which split from Bitcoin last year over a disagreement on how the technology should scale. These posts don't sit well with supporters of the original Bitcoin blockchain,
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Connecticut home value growth slowest in the nation, struggles under shadow of 2008 recession

Connecticut's Housing Price Index saw the lowest growth in the nation between 2012 and 2017, according to a review of figures from the Federal Housing Finance Agency. Connecticut's HPI grew 5.5 percent over the course of five years, far lower than the national average of 30 percent and well below
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Crypto Traders Protest Poland's Tax Decision

Digital currency traders in Poland are protesting against a government decision to levy a tax on all cryptocurrency transactions, regardless of whether the taxpayer made a profit. The Finance Ministry published an interpretation of the country's tax code last week, stating that income from transactions on
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Deutsche Bank finally put John Cryan out of his misery

Less than three years after taking over Deutsche Bank, John Cryan is leaving the German lender. The company's stock has fallen more than 50% during his time as CEO, buffeted by billion-euro legal penalties that pre-dated his tenure, declining revenues, and stubbornly high costs.
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The Giraffe in The Coal Mine

Anyone who was long debt (or most financial assets and real estate, for that matter) got crushed, but the ones who were long liquidity now had their own version of a wide-eyed feast with multiple re-entry points where opportunities were quite literally hanging on the bargain basement rack. Market timing
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Housing crisis: California bill aims to help the `missing middle'

SACRAMENTO — As the state's costliest housing markets and high rents threaten to force all but the highest-paid workers into ever-longer commutes, California lawmakers have introduced a bill to help more teachers, firefighters and other middle-income workers live close to their jobs. The new
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Post Office launches a 'no deposit' mortgage where buyers take out loan on parent's home

Its “Family Link” mortgage will see borrowers take out a 90 per cent loan to value mortgage, with the 10 per cent deposit secured against mum and dad's home – as long as they're already mortgage free. Rates start at 4.89 per cent for a five year fixed deal. Buyers will then make two separate repayments
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Winklevosses' Gemini to Offer Cryptocurrency Block Trading

Cryptocurrency markets like Gemini, which typically use order-book trading, are joining equity and futures markets in offering blocks. Until recently, block trades have only been possible over the counter, through market makers or investors willing to take the risk of dealing outside an exchange.
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HDFC hikes lending rate by up to 0.20 pc

MUMBAI: Largest mortgage player HDFC today upped its lending rates by up to 0.20 per cent, in line with similar moves by commercial banks. … It started with the private sector lenders like Axis Bank, Yes Bank and Kotak Mahindra Bank hiking their marginal cost of funding-based lending rates, and
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MLG Capital Releases Results of RIA Private Real Estate Survey

Based on survey results as well as individual conversations over the years with 100+ RIAs, several clear trends emerged. “Our research uncovered a major overarching theme. Investors ask their RIAs about private real estate constantly. RIAs believe their clients should be invested in private real estate
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CitiBank Hires New Executives to Mortgage Division

Citi's Mortgage and Retail Bank, a leading global bank with approximately 200 million customer accounts and business dealings in more than 160 countries and jurisdictions, has appointed three new executives to its Mortgage team. David Smith will serve as the COO of U.S. Retail Bank and Mortgage,
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Black Book Finance arranges £7.1m lending with Shawbrook Bank

Shawbrook stepped in with a short‐term bridge for £2.1m – agreed and completed in four days – to allow for the necessary construction reports, and repayment of existing lender before default. Once the construction reports have been finalised, the bridge will convert to a development facility. Michael
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Deripaska's Rusal and aluminium market roiled by US sanctions

“The company's primary focus remains its business and, most importantly, all of its global customers, investors and partners. The company will continue to ensure it abides by all applicable laws and regulations.” Rusal accounts for about 17% of supply outside of China, according to Harbor Intelligence.
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Factbox: Deutsche Bank's 30 Years of Twists and Turns

2003 – Deutsche Bank and Citigroup discuss a potential takeover. Citigroup CEO Sandy Weill and Ackermann have lunch in the Adlon Hotel in Berlin, where Weill proposes a deal: Deutsche would run the combined investment banking operations while Citigroup would take over retail and private
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CivilisedBank Releases Banking License To Focus On Tech

“The board, with the support of our main shareholder Warwick [Capital Partners], has decided to reapply for a banking license rather than try to rush through our current IT development phase,” explained CivilisedBank Non-Executive Chairman Chris Jolly in a statement. “For us, it is essential that we can
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Talks of banking crisis is “fearmongering”, says BSE CEO

India's second-largest state-run lender Punjab National Bank (PNB) was hit by the country's biggest-ever banking fraud of more than Rs 13,000-crore allegedly perpetrated by billionaire diamantaire Nirav and his associates in connivance with some bank officials. A special CBI court has issued
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Credit bubble a-burstin': wave of bankruptcies sweeps subprime car-lenders

The three most prominent lenders in the subprime auto sector shut down spectacularly and suddenly through bankruptcies and fraud investigations (and the bankrupt ones are said to have been fraudulent!). Meanwhile, the borrowers — lent money that everyone understood they couldn't afford, backed
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Facebook Launches Initiative on Social Media's Impact on Elections and Democracy

The company's cofounder and chief executive Mark Zuckerberg on Monday announced that Facebook is launching a completely independent research initiative that aims at understanding how social media can impact elections and democracy in general. Zuckerberg said that Facebook will back the
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Banking: No trust in Malta

Speaking late last year at the Wealth 2.0 conference in London, an event dedicated to technological advances in wealth management, Ali Sadr Hashemi Nejad, the chairman of Malta's Pilatus Bank, gave what his bank called “a sobering speech” on customer trust in the banking and fintech industries.
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Capital Region Homebuyer Fair 2018

Capital Region Homebuyer Fair 2018

home for sale sign The Capital Region Homebuyer Fair returns to the Albany Public Library this Saturday. The annual free event, Affordable Housing Partnership, is like a one-stop shop for info about the path to buying a home. Blurbage: Attendees will meet with lenders, home inspectors, realtors,
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Kinder's Pipeline Pause Puts Pressure on Trudeau to Act, Somehow

The impasse “is now challenging — in the full view of the international investment community — the very ability of our country to govern itself.” He called for the federal government “to demonstrate beyond a doubt that we are one country united under the law.” Trudeau's energy strategy essentially hinges
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Facebook's Most Popular Black Lives Matter Page Was Fake and Had Ties to a White Australian Man

The union did not immediately respond to a request to comment from Fortune. Last week, Facebook announced plans to ensure verification of its pages with a large number of followers. “This will make it much harder for people to administer a Page using a fake account, which is strictly against our
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England expects 40% of new housing developments will be affordable, why can't Australia?

Australia has record levels of supply of new properties but despite various government interventions, housing still remains unaffordable for many. Our study found the government could use more direct methods to deliver homes for people on low and moderate incomes, while leveraging the market.
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Statewide housing prices jump, but units sold slip, data shows

The statewide median single-family home price in February state spiked 7.2 percent over the previous year, but the numbers of sales fell by 3 percent, according to the latest report from The Warren Group, publisher of the Commercial Record. Meriden and Cheshire saw increases in both the numbers of
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How portfolio manager Qing Ji scours the globe for outperforming stocks

Most of her clients are institutions, including pension funds, foundations, endowments, as well as retail investors through mutual funds offered by Connor, Clark and Lunn Financial Group and Ninepoint Partners, where Global Alpha is a sub-adviser. The Globe and Mail recently spoke to Ms. Ji about her
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Japan opens door to power companies buying into overseas projects

Trading houses and other companies receiving support from government-backed entities such as the Japan Bank for International Cooperation and Nippon Export and Investment Insurance are currently forbidden from selling stakes in overseas infrastructure projects to third parties. The rule is intended
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Real Estate Industry Trends And Its Impact On Australian Unity Office Fund (ASX:AOF)

Australian Unity Office Fund (ASX:AOF), a AU$364.74M small-cap, operates in the real estate industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. A real estate investment trust (REIT) is a
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Mortgage Rates Mostly Steady, but Volatility Could Increase

Mortgage rates were steady to slightly higher to begin the new week, depending on the lender. Even in cases where rates rose, the increase was modest at best. The lack of drama is consistent with the week's economic calendar which essentially had nothing meaningful on tap today. Wednesday, by
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Scottsdale home and Flagstaff cabin hit Arizona real estate market

PHOENIX — A Scottsdale mansion hit the market and it can be all yours for just under $4 million. The 11,786-square-foot home is located on Happy Valley Road between Pima and Alma School roads. The five-bedroom facility comes with a long list of amenities that would make any sports junky happy.
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Will the bank royal commission damage house prices?

Cutting through the various predictions of a slump in house prices, the facts are: yes, house prices in Sydney and Melbourne are still falling but the rate of decline is also falling; and at a national level prices have now steadied. In the biggest market, Sydney dwelling values were falling at a monthly rate of
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Chinese real estate firms boost apartment rentals in line with Xi demands

The net yields on rental properties for the biggest developers are only 5-6 percent, and for smaller firms with higher costs they may even be negative, according to the developers and real estate analysts. By contrast, the profit margins on properties that are sold have usually been clear for all to see
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Trump Hints at Deal on Chinese Trade as Xi Readies Response

Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has
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Virgin Money changes new build mortgage proposition

Virgin Money has launched new build products and changed its new build mortgage lending policy, increasing its maximum loan-to-value on new build residential houses from 85% to 90%. It also extended new build mortgage offers and extension of offers to seven months with an option to extend open
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Provident Bank hires commercial lending exec

At Sun National, Higgins served as a senior vice president overseeing the bank's commercial lending office, booking $100 million in new business during a three-year period. He will be based in Allentown, Pa., but will be responsible for lending in western New Jersey and will report to Provident Lending
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raceAhead: Tony Robbins Apologizes for His #MeToo Remarks

It begs the question: What could Robbins have counseled that would have helped those men make more courageous, inclusive, and less legally dubious decisions? Burke is right to be concerned about the power of Robbins to shape thinking. Fortune's Brian O'Keefe wrote an extraordinary profile of the
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How Did Refis Impact the 2008 Financial Crisis?

Examining “detailed loan-level information from Fannie Mae and Freddie Mac loan level credit database,” the Urban Institute researchers gathered data on 30-year fixed-term mortgage originations occurring between 1999-2016. From there, they divided the data into subcategories representing
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President Trump Plans 'Major Decisions' on Syria Within 2 Days

President Donald Trump said he'll decide within two days on U.S. retaliation against Syria for a suspected chemical weapons attack by President Bashar al-Assad's regime over the weekend, and suggested Russian President Vladimir Putin may share responsibility. Trump told reporters at the White
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Deutsche Bank's New CEO Was There

Prior to Longfin's acquisition, the Ziddu.com website had no ascertainable value. The website produced no revenue, and Longfin did not acquire any physical facilities, employees, market distribution systems, or production techniques. By the acquisition, Longfin acquired only the rights to use the Ziddu
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Commodity Traders Stop Buying From Rusal After Sanctions

International trading houses have stopped buying aluminum from United Co. Rusal as U.S. sanctions on the Russian company sent shock waves through the market for the metal used in everything from airplanes to beer cans. Trading houses have been advised by their banks and lawyers that they can't
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Ideal Home Loans – April 9, 2018

Ideal Home Loans – April 9, 2018

Take advantage of Ideal Home Loans' free home mortgage consultation. Their philosophy is “First we listen, then we lend.” Get started today by calling 303.867.7000, or online at www.IdealHomeLoans.com. THIS INTERVIEW HAS COMMERCIAL CONTENT. PRODUCTS AND SERVICES FEATURED
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Dubai Buyers Opt for Luxury Resales Over New Developments

Prime prices in Dubai have been in freefall since 2014, when the collapse of oil prices hit wealth in the region and many high-end buyers in the city. Recent market data show the emirate's housing market has hit the bottom of its downslide, but developers have been slow to recalibrate prices for luxury
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Home loan insurer gives buyers Trump tax bonus; rival stocks fall

Home loan insurer gives buyers Trump tax bonus; rival stocks fall. Updated: April 9, 2018 — 4:32 PM EDT. 0Share … Mortgage insurance is slapped on home-loan agreements, by banks and other lenders, against people who can't come up with large down payments. The banks say the insurance helps
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The 5 hottest grocery trends in 2018

Food retailers should be leveraging five key trends in 2018, according to a new study by commercial real estate brokerage firm JLL. According to JLL's Grocery Tracker 2018 report, grocery store openings were off 29% last year from 2016, as merchants “took a step back to examine existing footprints and
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OneWest Bank Announces New Small Business Banking Promotion

PASADENA, Calif., April 9, 2018 /PRNewswire/ — OneWest Bank, the Southern California retail bank division of CIT Bank, N.A., today announced a new small business banking promotion for both newly-formed and established businesses across Southern California. Business banking customers can
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First American Corporation (New) (FAF) Moves Lower on Volume Spike for April 09

First American Corporation (New) has a P/B ratio of 1.78. It also has a P/E ratio of 15. First American Financial Corp is a financial service provider offering title insurance, closing and/or escrow services, and related services in connection with residential and commercial real estate transactions.
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Aluminum Surges Most Since 2011 on Sanctions; Palladium Climbs

Traders are likely pricing in a risk premium amid concern that palladium supply from Russia may be curtailed, Bart Melek, head of global commodity strategy at TD Securities, said in a telephone interview. International trading houses have stopped buying aluminum from Rusal because of the sanctions,
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Borrower survey reveals 3 key observations in lending

Since 2016, Mortgage Cadence has been partnering with Accenture Research, polling American borrowers to determine what they were thinking, feeling and doing as they were moving through their mortgage application journey. In 2016, when we first asked borrowers to rate their level of satisfaction
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Chinese real estate delegation visits Houston

A delegation of 80 Chinese nationals spent Friday in a Galleria ballroom networking with Texas real estate agents and learning how to partner with U.S. developers and the best ways to navigate the financial and regulatory issues of doing business in the United States.
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Disgraced real estate attorney closer to losing kid

Disgraced Manhattan real estate attorney Allison Scollar was back in Family Court Monday — six years after winning a landmark custody case against her ex-partner. Scollar became the full-time legal parent of daughter Harrison, 6, in 2012 after a judge found that she was the more responsible parent.
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Hong Kong Spring Lighting Fair Welcomed 20500+ Buyers

HONG KONG, Apr 9, 2018 – (ACN Newswire) – The tenth Hong Kong International Lighting Fair (Spring Edition), organised by the Hong Kong Trade Development Council (HKTDC), closed today. The four-day fair (6-9 April) attracted more than 20,500 buyers from 114 countries and regions, as buyer
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Port Moody real-estate team's "born here" advertisement plays on foreign-buyer fears

In July 2016, B.C.'s former Liberal government introduced a 15-percent tax on Metro Vancouver real-estate sales to foreign nationals. In February 2018, the new NDP government of John Horgan increased and expanded the tax. It now stands at 20 percent and applies to other regions of B.C., including
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Pivotal Software Just Set the Price of Its Upcoming IPO

Pivotal Software, a subsidiary of Dell Technologies, has set the expected price for its upcoming IPO in which it hopes to raise $592 million. On Monday, the enterprise software company in a regulatory filing that it plans to price its shares at $14 to $16 before they start trading on the New York Stock
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More People Living in Multigenerational Households

This trend has been growing for nearly a decade. Pew reported that 51.5 million people (17 percent of the population) lived in multigenerational households in 2009, while 60.6 million Americans (19 percent of the population) were part of multigenerational homes in 2014, the last year that Pew
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Brock Lesnar Signs New WWE Contract, His Next Title Defense Revealed

Lesnar's next appearance is scheduled for the Greatest Royal Rumble event, where he will compete against Roman Reigns in a Steel Cage Match for the Universal Title at the King Abdullah Sports City Stadium in Jeddah, Saudi Arabia on Friday, April 27, at 7 p.m. AST. The Greatest Royal Rumble will
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March home prices reach new peak as inventory nosedives

According to realtor.com's latest monthly housing trend report, home prices in March rose 8 percent year-over-year to $280,000 — surpassing last year's peak of $275,000. Furthermore, days on market and total listings plummeted by 7 percent and 8 percent year-over-year, respectively. Realtor.com
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It's A Home Seller's Market As We Hit The Peak Of The Home Buying Season

STATEWIDE — If you're in the market to buy a house in Indiana this year, be forewarned, it's a seller's market this year. Greg Cooper with Berkshire Hathaway HomeServices Indiana tells Inside Indiana Business this time of year is where they see a peak of Hoosiers looking to buy a new home, but this
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Real estate banned from theme park projects

National Development and Reform Commission and four other departments have issued a guideline to regulate the construction of theme parks, the Economic Information Daily reported. According to the guideline, theme park developers should focus on the main business, reasonably controlling the
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BrightPath Partners With ValueInsured on Downpayment Protection Offering

BrightPath Partners has introduced BrightPath Plus, a mortgage product that protects a homebuyer's downpayment, available immediately on all applicable BrightPath mortgages. BrightPath Plus will include +Plus downpayment protection by ValueInsured embedded directly into buyers' mortgages.
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Xi Set for Landmark Economic Speech as Trump Trade Fight Simmers

All eyes are on Chinese President Xi Jinping to see if he'll use a landmark economic speech on Tuesday to provide his first direct response to U.S. counterpart Donald Trump's tariff threats. Xi's keynote address to the Boao Forum for Asia — China's version of Davos — is being closely watched over
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“There's a True Housing Market Shortage Coming”

“There's a True Housing Market Shortage Coming”

Beth O'Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O'Brien's leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. Previously, O'Brien was EVP at
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Zameen's market report for February

The property market in February for all four major cities presented a mixed picture of moderate growth and stability, showing the steady recovery of the real estate market from previous events. Very few drops were present, and were moderate. The upcoming elections have investors waiting to see what
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Post Office Savings Account Customers To Soon Avail Digital Banking Service

“IPPB is governed by the Reserve Bank of India and banking service of post offices comes under the finance ministry. IPPB customers can use NEFT, RTGS and other money transfer services as available for any banking customers. Once post office savings bank accounts are linked with IPPB, customers
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California Looks at Housing Policy at the Local, State, and Federal Levels to Lower Costs

Stockton Williams, ULI executive vice president of content and executive director of the Terwilliger Center for Housing, kicked off the event with a discussion of the current state of the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac),
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SoFi hires former Goldman Sachs head of mortgage securitization as new CFO

… completing $2.6 billion in loan securitizations in the first quarter of 2018 – an increase of 35% over the first quarter of 2017. Now, it looks like SoFi may be making a bigger move into securitizations by hiring the former head of mortgage securitization at Goldman Sachs as its new chief financial officer.
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This Virtual Physical Therapy Is Better and Cheaper Than the Old-Fashioned Kind, Study Says

Digital tech is slowly but surely creeping into the medical sphere. Just consider the ways in which patients are clamoring for more telemedicine and virtual doctor visit options while medical schools are harnessing virtual reality systems like Microsoft's Hololens to teach anatomy to young surgeons. Now
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PayPal is Offering Banking Features, But Doesn't Have a Banking License

Bank of PayPal, anybody? Well, according to a report by the Wall Street Journal, the payments company has been reaching out to certain customers to add certain banking features PayPal is offering. Through PayPal digital wallet, the payments platform is offering Federal Deposit Insurance Corp.
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A balanced portfolio with just one fund? It can be done

“These days there are hundreds of ETFs in Canada and thousands globally, which makes it more time-consuming to develop a balanced portfolio and easier for do-it-yourself investors to get themselves in trouble trying to get fancy,” says Jason Heath, a certified financial planner and managing director
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Think you'd be great on 'Wheel of Fortune'? Here's how to audition in Raleigh and Durham.

All it could take to get a spot on the longest-running syndicated game show in U.S. history is an afternoon spent at the mall — plus a little luck. The “Wheel of Fortune” Wheelmobile will be at Raleigh's Crabtree Valley Mall (4325 Glenwood Ave.) on Saturday, April 14, and at Durham's Streets at Southpoint
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Real Estate Returns Rebounded in March: Nareit

“Investors in the past month have become more aware of the value proposition real estate offers relative to other segments of the stock market,” Nareit's president and CEO, Steven Wechsler, said in a statement. “The REIT industry is continuing to generate earnings and dividends growth.” Wechsler noted
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Something strange is happening with Japan's bond market: Hardly anyone is trading it

One possible consequence for international markets is lower yields globally. “Japanese investors, because they have a hard time getting ahold of those bonds, they're increasingly looking for alternatives,” said Brian Nick, chief investment strategist at Nuveen. That likely includes German bunds and U.S.
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LoanLogics Named to HousingWire's Tech 100 List

TREVOSE, Pa., April 09, 2018 (GLOBE NEWSWIRE) — LoanLogics, a recognized technology leader in loan quality management and performance analytics, is proud to announce that it has been named to HousingWire's fifth annual HW Tech100 list for 2018. LoanLogics has made the list every year
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Deutsche Bank's New CEO Takes Sober Look at 'Ugly' Investment Bank

Reuters. FILE PHOTO: Christian Sewing, member of the board of Germany's Deutsche Bank is pictured in Frankfurt, Germany, February 2, 2018. … “They've had to come around and painfully admit their investment banking baby is quite ugly,” said Octavio Marenzi, CEO of consultancy Opimas. “That's an
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Freddie Mac names Christopher Herbert to board of directors

“We are very pleased that Chris is joining the Freddie Mac Board,” said Christopher Lynch, Freddie Mac non-executive chairman. “His deep understanding of housing issues and policy will help the Board advance Freddie Mac's mission to support the stability of the housing market and promote housing
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Stock Market Continues to Drop – Market Update

Mortgage rates again moved in the right direction this week, according to Freddie Mac's survey, falling from the second consecutive week. This has been a bit of relief from the recent trend toward higher numbers in the rate column. If you see a rate you like at this point, now's a good time to jump on the
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Deutsche Bank AG Has $6.56 Million Stake in Schweitzer-Mauduit International, Inc. (SWM)

The firm owned 144,679 shares of the company's stock after purchasing an additional 5,059 shares during the period. Deutsche Bank AG owned 0.47% of Schweitzer-Mauduit International worth $6,561,000 as of its most recent SEC filing. Several other institutional investors have also recently bought
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Fintech Firms MyBucks, Naga Strike Africa Alliance

Under the planned agreement, which could be announced as early as this week, MyBucks will offer Naga's cryptocurrency wallet — a mobile payment technology — to its 1.5 million clients in Africa, Australia and other markets, said the people, who declined to be identified because the information is
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BankThink What the government gets wrong about fair lending

There's been an ongoing debate about Home Mortgage Disclosure Act reporting requirements as a result of a measure included in the Senate's regulatory relief legislation. It would be useful if these discussions were informed by an understanding of some of the anomalies involved in fair lending
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PayPal is starting to offer more traditional banking services like debit cards and depositing checks

PayPal is looking to expand into something closer to a real bank, according to a report in The Wall Street Journal. It's beginning to roll out more traditional banking services to customers, including ATM-compatible debit cards, direct depositing paychecks, and FDIC insurance. How PayPal can actually do
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Developers and Tech Industry Blamed for Bay Area Housing Woes

The XXL-price tags on real estate coupled with the evaporation of affordable homeownership opportunities in California's Bay Area is being blamed on local real estate developers and the region's tech industry, according to a new poll from the Silicon Valley Leadership Group. CBS San Francisco
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The Reason Facebook Won't Offer a Paid Option

The Reason Facebook Won't Offer a Paid Option

Members of Congress might ask Facebook CEO Mark Zuckerberg about this idea in back-to-back grilling sessions this week. Switching to a paid subscription model is on the list of questions Bloomberg Gadfly and Bloomberg View suggested to members of Congress for Zuckerberg's coming hearings.
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Developers go all out to entice buyers at Dubai Property Fest

Developers were out in full force to attract end-users with sweetened offers on the first day of the Dubai Property Festival yesterday. It is being organised on the sidelines of the International Property Show at the Dubai World Trade Centre. The festival has opened up a new sales platform for Dubai-based
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Venezuela Horror Is Warning for Russian Traders After Sanctions

Investors in Russian assets can look to Venezuela for an idea of what may be in store for them after the Trump administration levied sanctions against some of the country's richest men. If Venezuela's experience serves as a guide, the impact could stretch on for a while as companies confront the fallout
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Mark Zuckerberg's Status Update to Congress: 'I'm Sorry'

Facebook Chief Executive Mark Zuckerberg has a big week ahead of him. He arrived on Capitol Hill Monday, and will testify before the Senate on Tuesday and the House on Wednesday about the Cambridge Analytica data breach, which affected 87 million Facebook users. On Tuesday, Zuckerberg will
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Here's why the Canadian housing market saw a “dramatic difference” between last quarter and this …

The first quarter of 2018 was a particularly rough one for the Canadian housing market, which saw sales plunge year-over-year for three consecutive months. It was a particularly dramatic drop in activity when compared to Q4 2017's surge of activity. Why the difference between the two quarters?
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Millennials a surging part of US real estate market, but not in Florida

On the surface, the annual ranking of the country's top brokerage firms shows “significant growth” in residential sales volume — a “boom year,” RISMedia states in the 30th edition of the real estate information company's Top 500 Power Broker Survey. But underlying the sales volume is a troubling
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President Trump Is Angry About How China Treats American Automakers. But the US Is Actually …

“When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%,” Trump wrote on Twitter early in the morning. “When a car is sent to China from the United States, there is a Tariff to be paid of 25%. Does that sound like free or fair trade. No, it sounds like STUPID TRADE – going
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ICBC Upgrades Private Banking Service System-Home-ICBC China

On the tenth anniversary of its launch of the private banking business, ICBC recently initiated a massive upgrade for the system. By leveraging its overall advantages in retail, assets management, investment banking and technology, ICBC provides customers with professional, comprehensive and
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This Is Your Public Relations Nightmare

That would ensure the company didn't have a long history of managing public relations, learning how the news media work, figuring out what it will or will not be blamed for, and rooting itself in … This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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PayPal Moves Toward Traditional Banking

PayPal Chief Operating Officer Bill Ready said the company wants to provide those services to users who do not have bank accounts, but it has no intention of becoming a bank. The problem is that PayPal does not have a license to conduct traditional banking. So, it's turned to several community and
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Wrestlemania 34: Brock Lesnar Beats Roman Reigns To Retain WWE Universal Championship Title

Brock Lesnar on Sunday beat Roman Reigns to retain the WWE Universal Championship Title at the Wrestlemania 34. The much-awaited blockbuster event took place at the News Orleans' Mercedes-Benz Superdome with 78,133 fans in attendance. Reigns faced the wrath of Lesnar after the latter hit
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HDFC hikes retail prime lending rate by up to 20 basis points to 16.35%

The company's loan book grew 19 per cent year-on-year to Rs 3.41 trillion in December 2017. “We always try to maintain our RPLR spread. When the cost of our funds go up, we have to increase lending rate and vice-versa”, said a senior executive. HDFC's stock closed at Rs 1,835.1 on the National
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Diamond Credit Union offers information for first-time homebuyers

Diamond Credit Union kicks of a three-part series of information sessions for first-time homebuyers on Tuesday, April 10. The session will be held from 6 to 8:30 p.m. at Connections on High. Paul Yacobowsky, Diamond Credit Union director of sales, shown here said the session is informal and will focus
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Fewer Renters Planning to Buy a Home

Among renters, 67 percent say they believe renting is currently more affordable than owning a home, and 66 percent say they are satisfied with their rental experience, according to research released by Freddie Mac Multifamily. Freddie Mac Multifamily reported in its “Profile of Today's Renter” that 55
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PayPal to roll out banking products for the 'unbanked' in the weeks ahead

PayPal is expanding into traditional banking through partnership with smaller banks to offer consumers debit cards connected to their PayPal accounts, along with direct deposit for paychecks and other services, according to news the company shared with The Wall St. Journal. The company says its new
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Novartis Wager on AveXis Shows Rare Diseases Command Mega Prices

Still, UniQure and other companies are forging ahead with products offering more bigger, more lucrative markets. … Chief Scientific Officer Brian Kaspar is the fourth-biggest shareholder, according to data compiled by Bloomberg, and his 4.8 percent stake is worth about $383 million at the takeover price.
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On revocation of banking licence from Bank VVB and appointment of provisional administration

On revocation of banking licence from Bank VVB and appointment of provisional administration. By its Order No. OD-891, dated 9 April 2018, the Bank of Russia revoked a banking licence from the Sevastopol-based credit institution Public Joint-stock Company Bank VVB (Registration No. 1093) from 9
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Wells Fargo resists pressure to stop offering banking services to NRA, gun makers

He declined to confirm or discuss the bank's relationship with firearms companies, citing customer confidentiality, but Wells Fargo was described as the “go-to bank for gun makers and the NRA” in a March 7 report by Bloomberg, owned by gun-control activist and billionaire Michael Bloomberg.
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Damac's Hussain Sajwani honoured at Arabian Business Real Estate Awards

Damac's Hussain Sajwani was honoured with the 'Real Estate Legend' accolade at the inaugural Arabian Business Real Estate Awards. At glittering awards ceremony held at the Ritz Carlton DIFC, a total of 21 awards were handed out on the night. In welcoming the large attendance on the night, Eddie
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Lennar Rolls Out Digital Mortgage Platform

B), on Monday announced the introduction of a digital mortgage platform that can be accessed via virtually any mobile device. Called the Eagle Digital Mortgage platform, the new service enables customers to apply for a mortgage loan from their smartphone, tablet, desktop or laptop, anywhere, anytime.
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Cohen & Steers Inc.: Letter to Shareholders — 2017 Annual Report

Cohen & Steers Inc.: Letter to Shareholders — 2017 Annual Report

Few investors owned REITs, let alone understood them, and the entire U.S. REIT universe had a combined market capitalization of just $6 billion. However, we believed REITs were a better way to invest in real estate, offering liquidity, transparency, lower costs and, in most cases, alignment with investor
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Frank Sinatra's Grandchildren in Feud Over Ol' Blue Eyes' Fortune

Frank Sinatra's grandchildren had High Hopes for a big payday when they went to market with their stake of the late crooner's estate, but now they're at odds after some family members think they got shortchanged on the family's legacy. According to documents obtained by The Blast, the children of the
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Wells Fargo reportedly faces huge fine for mortgage lending and auto insurance problems

WASHINGTON — Wells Fargo & Co. could be fined several hundred million dollars by the Consumer Financial Protection Bureau for the bank's mortgage-lending and auto-insurance abuses. The agency is in talks with the San Francisco-based bank over penalties for the problems, Reuters reported
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Trump Tower Fire Reveals the Perils of High-Rise Living

“The lack of sprinklers is not something that should keep someone from buying a single-family home or even an apartment unit in a smallish complex like four units,” says Salt Lake City–based real estate investor Ryan Wright. “Installing such a system on a smaller basis like that is cost-prohibitive, and
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Top real estate agent recognized

A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. Weichert leverages its customer website, www.weichert.com, one of the most
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Venezuela Says Trump Ban on Petro Backfires, Doubles Investors

Venezuela Says Trump Ban on Petro Backfires, Doubles Investors … “The purchase ban announced by Trump helped us as publicity. After the … He also assured that the economic benefits of the Petro will begin to show in three to six months, despite attacks from the international finance system.
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Tammy Duckworth Just Became the First Sitting Senator to Give Birth in Office

Illinois Sen. Tammy Duckworth not only just gave birth, but made history in the process, becoming the first senator to accomplish this feat while in office. Duckworth's daughter, Maile Pearl Bowlsbey, was born on Monday, her office said in a statement. Both Duckworth and her daughter are well, and their
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The FBI Has Raided the Offices of Donald Trump's Longtime Attorney Michael Cohen

NEW YORK, NY – DECEMBER 12: (L to R) Retired Lt. Gen. Michael Flynn, President-elect Donald Trump's choice for National Security Advisor, Michael Cohen, executive vice president of the Trump Organization and special counsel to Donald Trump, and former Texas Governor Rick Perry talk with each
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Facebook CEO says company did not do enough to prevent misuse

“That goes for fake news, foreign interference in elections, and hate speech, as well as developers and data privacy.” … On Friday, Facebook backed proposed legislation requiring social media sites to disclose the identities of buyers of online political campaign ads and introduced a new verification
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Experts reveal signs of positive growth in CQ house market

ROCKHAMPTON'S real estate market is showing positive signs at the extreme ends of the price spectrum, a property expert reports. According to one of the largest independent property valuation and advisory groups, Herron Todd White, the local market still had a way to go before it returned to the lofty
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Wells Fargo Could Be Slapped With Record $1 Billion Fine For Lending Abuses

SAN FRANCISCO (CBS SF) — Wells Fargo could be facing a record fine over mortgage lending and auto insurance abuses. According to Reuters, the penalty could be as high as a $1 billion. It would dwarf the $100 million the Consumer Financial Protection Bureau fined Wells Fargo for opening phony
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Q&A: Real estate investor raps metro Atlanta's 'suburban renaissance'

So says metro Atlanta real estate executive Norman Radow, CEO and founder of RADCO, an investment firm focused on the development of multifamily housing. It's no secret that as Atlanta's population swells, and the job market inflates, intown living is becoming less affordable by the day. So, Radow
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HDFC increases prime lending rate by 20 basic points

Equated monthly instalments (EMIs) on home loans are set to increase with mortgage firm HDFC increasing its retail prime lending rate (RPLR), on which its adjustable rate home loans (ARHL) are benchmarked, by 20 basis points. The new rates will be with effect from April 1, 2018. This is the first hike
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Lego billionaires are shopping for London real estate

The fund managing the wealth of the billionaires who own Lego A/S wants to buy more London real estate. Undeterred by Britain's plan to exit the European Union, the $16 billion Kirkbi A/S fund earlier this year bought the Porter's Wharf office property in London's King's Cross district, marking its third
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Global Growth Through Digitalization

As you know, B2B buyers are conducting their own research in earlier and earlier stages of the buying process. You need to optimize your digital sales and marketing touchpoints to help generate leads in existing and new markets. That means knowing your global buyers' cultures—both their literal
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CFPB reportedly seeking $1 billion fine against Wells Fargo

Late last year, reports began to emerge that the CFPB was considering fining Wells Fargo for mortgage lending abuses and other issues. Former CFPB Director Richard Cordray supposedly signed off on the fine before resigning from the agency in November 2017, but Reuters reported in December that
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New mortgage rules tightened household lending in first quarter, Bank of Canada says

New mortgage underwriting rules contributed to tighter lending conditions for households in the first quarter of 2018, according to the Bank of Canada's survey of financial institutions. The central bank's quarterly questionnaire of lending conditions had historically focused on business loans but, after a
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'There's so many lies': Celebrity fitness DVDs make a fortune. But as it's revealed Scarlett Moffatt …

The woman smiling from the DVD cover is whippet-thin and wearing a bikini that showcases her lithe torso, tiny waist and toned legs. She's recently undergone a drastic body metamorphosis, dropping five dress sizes and 3st in the space of a few short months. And, she says, with just a few minutes of
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FBI Raids Office of Trump Lawyer Cohen on a Mueller Referral

The FBI raided the office of President Donald Trump's longtime lawyer Michael Cohen, who has been a key figure in legal matters including the investigations into Russian election meddling and a payment to an adult film actress.
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Apple's Entire Business Is Now Being Powered With Clean Energy

Customers sit in a plaza area outside the Apple Inc. Michigan Avenue store in Chicago, Illinois. Photographer: Daniel Acker/Bloomberg. Apple Inc. has gone all-green. The company's sites worldwide are now completely powered with clean energy, according to a statement Monday. That comprises retail
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Number of multigenerational households hit all-time high

Number of multigenerational households hit all-time high

… about 51.5 million Americans, or 17% of the population lived in multigen households, which rose to 60.6 million, or 19% of the population in 2014. HousingWire takes a deep dive into multigenerational living in the February magazine, explaining what the growing trend means for the housing industry.
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Pervy Jared Fogle Is Seeking $57 Million After Claiming Federal Officials Stole His Subway Fortune

According to FOX 59, Jared is asking for the large financial sum because he says federal officials stole his Subway fortune from him during his trial. In the suit, which was filed in March, Jared alleged that the warrant the FBI used to search his home didn't exist. He also claimed that he received poor
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HDFC hikes lending rate by up to 0.2%

A company spokesperson said the rate hike is progressive, between 0.05% to 0.20%, with the lowest hike applicable to the low-ticket size loan. A loan for under Rs 30 lakh by a woman borrower, which is the lowest rate offered by the lender, will now be available at 8.40%, the spokesperson said, adding
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Pensco Launches API-Driven Solution “Custodian Connect” For Marketplace Lending & Investment …

Pensco, an alternative asset custodian for self-directed IRA investors, announced on Monday it has launched Custodian Connect, an API-driven capability that seamlessly connects investment platforms to Pensco enabling uninterrupted opening and funding of an IRA from within the platform. According
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How to “hack” your way to mortgage-free housing

For the vast majority of home buyers, the reality of taking out a mortgage and making monthly payments can be intimidating—particularly for first-timers. Very few people have the luxury of buying a house without first having to qualify for a mortgage. In a 2018 survey conducted by the National Association
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£10 gin from Aldi named one of best in the world

Of the store's winning spirits, Julie Ashfield, joint managing director of corporate buying at Aldi, said: “Both firm customer favourites, we're particularly thrilled that our own-label Oliver Cromwell London Dry Gin, and Topaz Premium Gin have been successful at yet another international competition.
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TDEC commissioner joins real estate firm

Knoxville-based real estate development firm LHP Capital is opening a Nashville office, an announcement coupled with their hiring of recently departed Tennessee Department of Environment & Conservation Commissioner Robert Martineau as president of a division. Martineau, whose departure from
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Dear Monty: Tips for testing real estate agents

Reader Question: I envision the real estate service is delivered differently than a physical product. I can touch a product, examine it, use it according to instructions to “test” if it works. Outside of the legal documents, much of the real estate service is oral. I cannot “test” it in a traditional sense. Can you
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Sunwest Bank Hires New Head of Retail & Business Banking

IRVINE, Calif., April 9, 2018 /PRNewswire/ — Sunwest Bank is pleased to welcome Ben Alvarado as executive vice president and Head of Retail & Business Banking. In this role, he will lead the retail network along with Sunwest's commercial deposit team and work to create synergy between the groups.
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Bank of Uganda keeps lending rate at 9%

Bank of Uganda also conceded that it will take time for interest rates to come down even when it dropped its central bank rate to record lows. Bank of Uganda has conceded that it will take time for interest rates to come down even when it dropped its central bank rate to record lows. This was revealed
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Anthony Gucciardo opening new real estate office in Latham

Anthony Gucciardo won't have to spend as much money on billboards advertising his real estate business once he opens a new office on one of the busiest roads in the Albany, New York region. Gucciardo is converting a one-story, single-family home at 1074 Troy-Schenectady Road in Latham into the
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Blackstone Hires Soho China's Yan Yan as MD with Asia Real Estate Team

Blackstone today announced that veteran Chinese real estate executive Yan Yan has joined the alternative investment giant as a managing director with its Asia real estate team. “Yan Yan is an industry leader with an outstanding track record and tremendous knowledge of real estate markets across the
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Equity Hedge Funds Must 'Put Up or Shut Up' With Market Volatility

But now that volatility is back and fiercer than it's been in years, hedge funds can no longer blame calm markets for their woes. A raft of issues — rising interest rates, potential trade wars, a possible Facebook crackdown — will likely keep stock prices moving more freely, giving managers ample opportunity
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Q1 Foreclosure Auction Activity Up in NYC

New York City saw 920 homes were scheduled for auction for the first time during the first quarter of this year, a 31 percent year-over-year increase, according to new data from PropertyShark. Among the city's five borough, Brooklyn saw the greatest spike in foreclosure auctions with 275 homes in the
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Investment trends of SA's super-rich

Cape Town – Although real estate was the largest asset class for high net-worth individuals (HNWIs) in South Africa at the end of 2017, they have decreased their real estate allocation over the past ten years. There was also a movement of funds offshore by local HNWIs over the past ten years. At the end
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HGTV's Scott McGillivray brings proven real estate investing strategies to Vancouver

A majority of the population live within their comfort zone; that space where your activities and behaviour fit a routine and pattern that minimize stress and risk. Successful people, however, take risks – calculated risks, but risks nevertheless. Real estate investing is a proven wealth-building strategy that
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Connecticut Home Sales Weak In February But Prices Jump

“Add in the fact that traction in the housing markets in tied to traction in the labor markets and you can see that the small sample we have the first two months is probably overstating strength in the Connecticut housing market.” …the small sample we have the first two months is probably overstating
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Mortgage Credit Tightens in March

Mortgage borrowers had a harder time gaining access to credit in March, according to a new report from the Mortgage Bankers Association (MBA). The Mortgage Credit Availability Index (MCAI) declined to 177.9 in March, down 1.5% from February, according to the MBA report. A decline in the index
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Trump Advised to Stay Away From Fund for Staff in Russia Probe

U.S. President Donald Trump walks on the South Lawn of the White House before boarding Marine One on March 29, 2018. Photographer: Andrew Harrer/Bloomberg. President Donald Trump has been advised not to contribute to a fund set up to help former campaign aides and White House staffers
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“I'm starting my banking career in Hong Kong. I found London far too boozy”

I interned at a top US bank in Hong Kong last summer and I was lucky enough to secure a return job offer. The bank asked me whether I wanted to start out in Hong Kong or London. I didn't hesitate to go for Hong Kong. I had some experience of working and living in London. I did a spring week at
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Will Voice Banking Become Mainstream? [VIDEO]

Will Voice Banking Become Mainstream? [VIDEO]

How are banks going to interact with their customers in the next five years? In the next ten? As the popularity of devices like Amazon's Alexa-powered speaker grows, voice banking seems to be one of the contenders for consumer origination and interaction, as panelists at the Bank Innovation 2018
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Deutsche Bank promises 'new era' but same strategy

Deutsche Bank chairman Paul Achleitner is promising nothing less than a “new era” under the leadership of freshly appointed chief executive Christian Sewing but denies the lender needs a strategic rejig. “We should not talk so much about strategy, we should talk about implementation,” Mr Achleitner
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Is Investors Title Company (NASDAQ:ITIC) Invest-able with a Beta of 0.64?

Shares of Investors Title Company (NASDAQ:ITIC) have recently come under renewed examination. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was
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Hasbro's Toy Chest Fills Up Thanks to Inspiring Leadership

That curiosity and his easy-going manner were on display as Goldner met with Fortune recently at the International Toy Fair in New York. Surrounded by playthings in the Hasbro showroom, Goldner was as enthralled as any kid as he talked about everything from My Little Pony to Transformers to the
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More Construction Jobs Recorded in March

Construction employment last month saw a 3.3 percent year-over-year increase with 228,000 jobs while the industry's unemployment rate fell to 7.4 percent, according to an analysis of new government data by the Associated General Contractors of America. While the 7,150,000 jobs in March
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TD Ameritrade: Risks May Emerge Thanks to Interest Rates

In a blog post last week, Michael Turvey, a senior strategist for institutional trading education at TD Ameritrade Institutional, said that, with interest rates rising in the U.S. and investors flocking to international equities, there are questions as to what the European Union will do as a result. While the
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How Verizon Is Using Navy Radio Bands to Avoid a Data Crunch

So far, “the test results have been very positive,” Bill Stone, vice president of technology development and planning at Verizon, tells Fortune. Verizon has the most customers of any U.S. wireless carrier, but it has less 4G spectrum than AT&T (t, +1.41%) or Sprint (s, +1.07%). Analysts are worried that the
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A consumer watchdog reportedly wants to fine Wells Fargo a record $1 billion for its lending abuses

(Reuters) – The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans. The penalty would be the first issued by Mick Mulvaney
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FastCommercialCapital.com Launches “Small Fast” Small Balance Commercial Lending Program

AUSTIN, TEXAS /APRIL 09, 2018 (STLRealEstate.News) — Fast Commercial Capital, a Nationwide Commercial Lender based in Austin, Texas, is pleased to announce its “Small FAST Program”, focusing on loan amounts from $200,000 to $2,000,000. All property types and situations are considered,
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Why Florida's Senate Race Could Become the Most Expensive in History

… just reminds voters how he's taken advantage of his job to enrich himself and his donors. It's a catch-22,” Jesse Ferguson, a Democratic strategist who previously worked for Hillary Clinton's presidential campaign and the Democratic Congressional Campaign Committee, wrote in an e-mail to Fortune.
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PayPal makes move toward traditional banking

New services include Federal Deposit Insurance Corp. insurance for their balances, a debit card that can be used to withdraw cash at ATMs and the ability to direct-deposit their paychecks. However, PayPal doesn't have a U.S. banking license, and Visa and Mastercard only allow cards that run on their
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Bank regulator calls on Congress to clear bipartisan Dodd-Frank rollback

A top banking regulator called Monday for Congress to pass a bipartisan rollback of strict financial rules passed after the 2008 crisis, but wouldn't take sides in a power struggle over the bill between the House and Senate. Comptroller of the Currency Joseph Otting said the House should clear a
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The Formerly Incarcerated Harmonize Through Music at The Fortune Society

The Fortune Society's monthly jam sessions leverage music to further the re-entry process of formerly incarcerated people. This forum for fellowship and expression adds a new facet to the holistic approach The Fortune Society has taken to help this population re-integrate into society which also includes
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Deutsche Bank's New CEO, a Risk Veteran, Warns of 'Tough Decisions'

Christian Sewing, a career Deutsche Bank AG DB 2.16% employee little known outside Germany, learned with near-certainty Friday night that he should prepare to take the global stage running the country's biggest lender. Now that he's been appointed CEO, his role is clear: to make Deutsche Bank
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Revealed: new buy-to-let mortgage rate for landlords

It follows the launch of a five-year buy-to-let mortgage with a rate of 1.99 per cent from TMW, part of Nationwide Building Society, last month. The Accord deal comes with a hefty fee of £1,495. High arrangement fees often accompany lower mortgage rates. But it makes sense for those with a larger
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Want to Blow the Whistle on All-Male Panels? There's an App For That

Gina Glantz knows all about that. You may recognize her name from her crusade earlier this year to bring attention to the lack of women delivering keynote speeches at the Consumer Electronics Show, one of the tech industry's biggest gatherings. But CES is far from the only organization to find itself
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PNB scam: BSE chief Ashish Chauhan dismisses banking crisis talk as 'fearmongering'

At a time when there are talks that India's banking sector has been shaken to its core after the country's biggest banking scam, Bombay Stock Exchange's Chief Executive Officer (CEO) Ashish Chauhan's remarks on the financial crisis are defiantly assuring. Chauhan says the entire discussion around the
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New Penn Financial acquiring Envoy Mortgage's correspondent lending division

New Penn is owned by Shellpoint Partners, which is also the parent company of Shellpoint Mortgage Servicing, Avenue 365, a title and settlement services provider, and eStreet, an appraisal management company. Late last year, New Residential announced that it planned to acquire Shellpoint, which
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Wells Fargo reportedly facing huge fine for mortgage lending and auto insurance problems

But the large fines would align with President Trump's public vow in December that Wells Fargo would face stiff penalties for charging fees to certain homebuyers to secure low mortgage rates. Trump said on Twitter that regulators would “make penalties severe” when companies are “caught cheating.”.
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Fidelity National Financial (FNF) vs. Investors Title (ITIC) Financial Comparison

Fidelity National Financial (NYSE: FNF) and Investors Title (NASDAQ:ITIC) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and
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Mike Novogratz Makes Goldman VP the COO of His Crypto Company

Mike Novogratz Makes Goldman VP the COO of His Crypto Company

Mike Novogratz's cryptocurrency merchant bank hired Richard Kim from Goldman Sachs Group Inc. as chief operating officer, according to people with knowledge of the matter. Kim, a London-based vice president at Goldman, will join Galaxy Digital in the coming weeks and likely move to New York,
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Should You Look To Invest In Private Banks? #AskBQ

#AskBQ is BloombergQuint's daily offering where market experts help investors make the right investment choice in the equity market. In today's episode, Amar Singh of Angel Broking and Parthiv Shah of TRACOM Stock Brokers gave their views on private banks, AB Capital, Infosys, and much more.
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Lennar's lending arm taps Blend for digital mortgages

Lennar Corp.'s home finance subsidiary with the help of Blend rolled out its own digital mortgage platform, as another small lender tries to keep up with Rocket Mortgage. Along with self-service capabilities for customers to on their own upload bank statements, tax and employment information along with
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Biz2Credit, FattMerchant improve small business lending access

Biz2Credit, an online resource for small business finance, today announced that it has partnered with FattMerchant, the top provider of technology-driven payment processing solutions for merchants and suppliers. Through this partnership, FattMerchant will provide its clients with access to Biz2Credit's
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Sageworks names keynote for the 2018 Lending & Risk Summit ahead of early-bird deadline

RALEIGH, NC (April 9, 2018) — Sageworks, a financial information company that provides lending, credit risk and portfolio risk solutions to banks and credit unions, announced this week that author Kevin Brown will be the keynote speaker for the 2018 Lending & Risk Summit, set to take place
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Flow International Corp (FLOW) Given Consensus Rating of “Buy” by Analysts

Flow International logo Shares of Flow International Corp (NASDAQ:FLOW) have earned a consensus recommendation of “Buy” from the nine research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have
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Financial Stock in the Spotlight: Apollo Commercial Real Estate Finance, Inc. (ARI)

Share of Apollo Commercial Real Estate Finance, Inc. (ARI) have caught the attention of the Wall Street community. The stock price is settled at $17.93 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that ARI spotted a negative behavior with drift
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Kay Properties Executive Participates in 16th Annual RealShare Net Lease Conference Panel

NEW YORK, April 09, 2018 (GLOBE NEWSWIRE) — Last week's RealShare Net Lease Conference panel sessions covered a range of topics including net lease real estate, capital markets, the economy, the 1031 exchange market, institutional vs. private real estate buyers/sellers and current trends
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Wells Fargo faces potential record fine over auto, mortgage abuses: Report

Wells Fargo faces a record fine of at least several hundred million dollars for consumer abuses, according to a report. The bank, which has labored under a fake accounts scandal and other black eyes since September 2016, is being targeted by the Consumer Financial Protection Bureau, Reuters
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How Anonymous Is the Purchase of Crypto? Regulations, Practice, Risks

South Korea, representing one of the world's biggest Bitcoin exchanges where cryptocurrencies have gained popularity among national investors along the course of the years, has recently banned anonymous trading of cryptocurrencies and requires the subjected entities to verify their customers
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The Melton and MBS lending join SimplyBiz Mortgages Panel

The Melton offers a range of residential mortgages up to 95% LTV for purchase and remortgage, alongside niche lending products which include buy-to-let, holiday let, self-build, shared ownership and short-term lending, with credit repair mortgages offered through the MBS Lending brand.
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Exclusive: US watchdog seeks record fine against Wells Fargo for abuses – sources

A stiff penalty against Wells Fargo could burnish Mulvaney's image as a tough regulator even as his agency has dropped cases against at least two payday lenders. Trump pledged tough penalties for Wells Fargo after Reuters reported in December that Mulvaney had put the mortgage-lending abuse
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Biz Briefs: Berkshire Bank Pays Veteran's Mortgage for One Year

Keith Cosimini of West Springfield, Mass., was the winner of the Berkshire Bank Exciting Rewind Mortgage Giveaway for veterans. Cosimini spent much of his career as an Army specialist. As the winner, he will be awarded $12,000 to pay his mortgage for the year. The giveaway was extended to active
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GTA House Prices Falling Furthest Where Investors Once Dominated

These regional differences in the GTA were important because research has shown that neighbourhoods and municipalities within a large metropolitan area like the GTA can see house prices appreciate and depreciate at very different rates. This means that as a home buyer you want to be more
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Should You Buy Alibaba Group Holding Limited (BABA) or International Business Machines …

Alibaba Group Holding Limited (NYSE:BABA) shares are down more than -2.85% this year and recently decreased -2.93% or -$5.05 to settle at $167.52. International Business Machines Corporation (NYSE:IBM), on the other hand, is down -1.86% year to date as of 04/06/2018. It currently trades at
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72% of real estate developers, investors say ASCs meet acquisition criteria — 10 statistics

Healthcare real estate investors and developers have a significant interest in ASC acquisitions and less interest in assisted living facilities and freestanding emergency departments, a 2018 CBRE survey found. CBRE asked 109 respondents from healthcare real estate's most influential investment trusts,
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Cycle of fortune favours foreign rider again

Vietnamese Nguyen Thi That of the World Cycling Centre team won the second stage of the Princess Maha Chakri Sirindhorn' Cup Women's Tour of Thailand after timing 2:46.05 hours in Khon Kaen on Monday. The 25-year-old cyclist, who also won the first stages of this tournament in 2015 and 2017,
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US Budget Deficit Expected to Surpass $1 Trillion by 2020

The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office. Spending will exceed revenue by $804
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Three of Fortune's 'Best' in St. Louis

St. Louis touts three headquarters that are among the top places to work in the U.S., according to Fortune Magazine's list of “100 Best Companies to Work For.” The list, created by Fortune and Great Place to Work, is the result of employee surveys that examine such things as compensation, perks and
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Ryan Named One of the 2018 Best Workplaces in Texas by "FORTUNE" and Great Place to Work®

DALLAS, April 9, 2018 /PRNewswire/ — Ryan, a leading global tax services and software provider, has been selected as one of the 2018 FORTUNE Best Workplaces in Texas for the second consecutive year. Winners were evaluated and selected from more than 28,000 employee surveys from
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