U.S. President Donald Trump speaks during a meeting with senior military leadership in the Cabinet Room of the White House on April 9. Photographer: Al Drago/Bloomberg. President Donald Trump is still weighing options for U.S. military action against Syria as Western powers rallied against Syrian
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Adony Beniares, the real estate chief of Uber Technologies Inc. who completed millions of square feet of deals around the world, is retiring from the company. San Francisco-based Uber, valued at $72 billion, is now hiring a new head of global workplace as it eyes an initial public offering next year.
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The MAS's policy differs from the approach taken in Europe and Japan, where regulators have set deadlines for banks to give access to their client data to rivals and to fintech firms. In Europe, banks have until 2019 to comply with the revised Payment Services Directive (PSD2), which obliges them to
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… stock — the overall effect is more dramatic. The agencies said the amount of capital that lenders are required to maintain in their main subsidiaries might fall by a whopping $121 billion — potentially giving banks such as Wells Fargo & Co. and Bank of America Corp. significant flexibility to boost lending.
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The Environmental Protection Agency's biggest union of employees has signed onto the movement that's trying to get their boss, Administrator Scott Pruitt, fired. The American Federation of Government Employees Council 238, which represents about 8,000 of the EPA's roughly 14,000 employees, has
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The Colorado Springs housing market is reaching record high prices for homes. In spite of that, plenty of people are still buying. News 5 spoke with local realtors to find out why. They explain that the growing population in Colorado Springs is creating a high demand for homes at a time when the city's
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Perhaps more accurately, the name describes the company's aspirations, as just 3% of its 2017 revenue were derived from international sales. Given the turbulence in its business in 2017, is it safe for investors to hold Dine Brands stock, and aspire to future stock price returns? Dine Brands' troubles
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Donald Trump escalated tensions with Russia Wednesday morning, threatening to attack Syria and chastising the Kremlin for its support of Syrian leader Bashar al-Assad. Saying “our relationship with Russia is worse now than it has ever been, and that includes the Cold War,” Trump also seemingly
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Also on the trip were two lobbyists, Stephen Dimon and Leslie Gaines, who work for Select Management Resources, the parent company to lending companies. Factions of the … Likewise, the Ohio Consumer Lending Association — a coalition of payday lenders — opposes Koehler's amendment.
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Bank of America plans to stop lending to manufacturers of “military-style firearms” used by civilians, an executive told Bloomberg. “We want to continue in any way we can to reduce these mass shootings,” Anne Finucane, vice chairman of Bank of America (BAC), said in an interview. “It is our intention not
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Replacing core systems can be an expensive and risky proposition for banks, but KeyCorp has decided the time is now to replace an antiquated legacy system. The $138 billion-asset bank announced at the Oracle Insights conference in New York this week that it plans to ditch its existing lending
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SAN JUAN – Puerto Rico will receive $18.5 billion from the U.S. Department of Housing and Urban Development to help rebuild its battered housing stock and infrastructure after September's Hurricane Maria, the island's governor and HUD officials said on Tuesday. But the award was significantly less
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Seven months after the African nation was added to Trump's controversial travel ban, the administration announced that “Chad has improved its identity-management and information sharing practices sufficiently to meet the baseline security standard of the United States.” “Chad nationals will therefore
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Temasek Holdings Pte is studying potential investments in Swissport Group and Gategroup Holding AG, both owned by HNA Group Co., as it considers deals with the indebted Chinese conglomerate, people with knowledge of the matter said. Temasek, which inked a partnership with the Chinese group
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While the mortgage industry heads in a digital direction, homebuyers are still expecting a more electronic experience during the mortgage process, which would also stand to benefit lenders. When borrowers take their first steps toward homeownership, they preselect potential homes online, e-sign their
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Capstead Mortgage logo UBS Asset Management Americas Inc. lifted its position in Capstead Mortgage Co. (NYSE:CMO) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,290 shares of the real estate investment trust's
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NEW YORK, April 11, 2018 /PRNewswire/ — Madison Realty Capital (MRC) closed a $72.0 million first mortgage loan collateralized by Highline Development Group's nearly completed luxury condominium development located in the Chelsea neighborhood of Manhattan. MRC successfully delivered this
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The latest industry data reports found disappointing news regarding mortgage rates and encouraging news regarding home values and homeowner opinions … Quicken Loans' National Home Value Index determined the average home value rose 1.84 percent from February to March and jumped 7.64
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Investors Title logo Rhumbline Advisers trimmed its position in shares of Investors Title (NASDAQ:ITIC) by 18.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,243 shares of the insurance provider's
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Situs subsidiary MountainView Financial Solutions is brokering a $6.1 billion package of government-sponsored enterprise and Ginnie Mae servicing rights. The more than $4.7 billion agency portfolio has a 3.97% weighted-average interest rate, and the nearly $1.4 billion government portfolio has a
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A GANG of greedy bankers behaved like cheating Australian cricketers when they plotted to rig a vital lending rate, a court was told. The group's alleged scam was like players tampering with the ball. Sisse Bohart, 41, is alleged to have rigged a vital lending rate. AFP or licensors. 1. Sisse Bohart, 41, is
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The appraisals were pulled from Uniform Appraisal Dataset submissions to Fannie Mae and Freddie Mac through the Uniform Collateral Data Portal. In addition to analyzing the full sample set of appraisals, the researchers isolated a smaller pool of valuation reports that were prepared by appraisers who
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Trends in Unattended Access – New vetting and authentication methods – On-demand trends – 'Drop-off zones' in new homes – New paradigms in real-estate showings – Buy stock in refrigerators NterNow (formerly Call-a-Key) The new Realtor • Find NterNow home • Download app • Provide verifiable
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Consumers will be able to purchase Soylent, the Silicon Valley-aimed meal replacement powder and drink, at Walmart. Rosa Foods, the maker of Soylent, announced that the product would be available at 450 Walmart stories across the country. This follows Soylent's retail expansion into 2,500 7-Eleven
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A European company Blocksquare.io is developing a Blockchain-based plug and play system to enable commercial real estate tokenization that will allow anybody with an internet connection to buy fractional ownership of assets worldwide. Diverse investing platforms can integrate with Blocksquare's
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Now, David Kahnweiler, non-executive chairman of Colliers International/Chicago, has stepped in. He told Crain's he's going forward with the purchase without getting village approval of any redevelopment plans. Kahnweiler is vowing to work with community officials to find something both sides can
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Steve Roth is looking for a Madoff-like return on investment on a Montauk beach home once owned by the notorious Ponzi schemer. The Vornado Realty Trust chairman his wife Daryl have listed the waterfront property for $21 million, according to the Wall Street Journal. Roth bought the pad in 2009 for
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Facebook CEO Mark Zuckerberg answers questions from Rep. Ben Lujan during testimony before a House committee. Mark Zuckerberg, under stern questioning by U.S. lawmakers, said Facebook Inc. collects information on consumers who aren't registered as users, acknowledging something that's
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… loan-to-value ratio of 87%. This isn't the first time that Towd Point Master Funding has bought loans from a GSE. Last year, Towd Point bought approximately $292 million in previously modified loans from Freddie Mac. According to Fannie Mae, this latest loan sale is expected to close on May 24, 2018.
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Maryland Gov. Larry Hogan yesterday signed emergency legislation that would fix a state law inadvertently preventing hundreds of thousands of Marylanders with high-deductible health plans from contributing to their health savings accounts. The American Bankers Association's HSA Council and the
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ALSO: This San Jose neighborhood is the hottest real estate market in the entire country. Barr says it's the 5,800-square-foot lot that she's selling, and its prime location near a commercial strip lined with trees, cafes and boutiques. The home is adjacent to downtown San Jose, where Google plans to
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A new mortgage of $12,706,000 on a 46-unit multifamily property located on Middletown Road in the Bronx, NY. The loan features a rate of 3.625% and a seven-year term. Eli Serebrowski and Jacob Schmuckler negotiated this transaction. • A new mortgage of $7,000,000 on a 72-unit cooperative
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President Donald Trump personally ordered the Department of Justice to hire a former White House official who was fired after he was caught up in a controversy over the release of intelligence material to a member of Congress, according to people familiar with the matter. Ezra Cohen-Watnick, who left
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Dedicated investors are constantly on the lookout for a bargain when it comes to stock picking. As of late, investors have been taking notice of NVE Corporation (NASDAQ:NVEC) shares. During recent trading, shares saw a move of 2.79% hitting a price of $82.30. Sometimes the stock market can be very
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Cal Poly senior CJ Covington always dreamed of appearing on “Wheel of Fortune.” But he couldn't have anticipated one crucial detail. “I didn't think I'd be going on (the show) with such crazy hair,” joked the communications major, whose naturally dark, curly locks are bleached blond on top. TV viewers
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The hot real estate market in Penticton and the South Okanagan hasn't appeared to have been cooled much by changes to mortgage rules and interest rates at the start of the year. Fresh data from the South Okanagan Real Estate Board shows says more that $100M in residential real estate changed
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“She was very poised and very cool, very knowledgeable,” said Druker, adding that, selling real estate, “She didn't make you feel she was beating you over the head. She was really good at the art of persuasion.”' Mrs. Weisberg drove fast, but she also liked walking around the Magnificent Mile and Rush
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SAN JOSE, Calif. (KTVU) – A burned out home, and the property it sits on, in San Jose's Willow Glen neighborhood is selling for $800,000. The Realtor said the asking price is reasonable given the housing market and its location. But regular people find the price out of sight. “Growing up here, I think it's
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As reports about the payday lending industry have been linked to an FBI investigation and the resignation of the Ohio House speaker, Republicans on Wednesday stopped short of accepting regulations that, supporters say, would help desperate borrowers avoid a cycle of debt. Heading into the House
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The decline in trust in the major banks presents an ideal opportunity for the country's two large supermarket chains to expand in financial services, according to the former chief executive of Tesco Bank in Britain. Benny Higgins, who was CEO of Tesco Bank for 10 years until February, believes Coles and
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Whether you're a buyer searching for your first home, or a homeowner looking to move up to your next home, Team Nest Builder knows you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac's Primary Mortgage Market Survey, rates
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Recent Bank of Canada interest rate hikes have pushed up variable rate mortgage rates, while five-year fixed rates up about half a percentage point compared with a year ago as yields on the bond market, where the big banks raise money, have been on the rise since late last year due to an improved
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The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you'd expect. According to ProTeck's report, the Portland-South Portland, Maine, metro landed on the list of top 10
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PHILADELPHIA, April 11, 2018 /PRNewswire-PRWeb/ — The One Lap of America is proud to announce that Tire Rack has renewed their title … The findings are then posted on the company's website, http://www.tirerack.com, where consumers can make an educated decision on a tire, wheel or
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Spotify went public last week using an unorthodox method that attracted a lot of interest for bypassing typical initial-public-offering procedures. Business Insider spoke with three Wall Street executives who oversee equity capital markets operations for major banks about the lasting effects of the so-called
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Hunt Mortgage Group has furnished an $11.5 million Fannie Mae loan to refinance Alexander Pointe Apartments, a 120-unit garden-style multifamily property in Mebane, N.C. The borrower is Sovereign Development Company LLC, and the property 100-percent owned by Jim Kitchen, who purchased
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April 2, Cynthia L. Anderson, trustee of Revocable Trust Agreement of Cynthia L. Anderson, and Elizabeth Rose, trustee of Elizabeth Rose Family Trust, sold a lot on Black Point Beach to Tracey and Jackson Craig for $300,000. April 2, Martha Flanders sold a lot off Tabor House Road to Steven Yaffe for
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Investors Title Company (ITIC) formed triangle with $193.63 target or 3.00% below today's $199.62 share price. Investors Title Company (ITIC) has $376.46M valuation. The stock decreased 0.09% or $0.17 during the last trading session, reaching $199.62. About 557 shares traded. Investors Title
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Oak Park and River Forest High School alum Kevin Rhomberg (better known as Knox Fortune) had been a longtime collaborator with Chicago's biggest hip-hop stars—singing on Chance the Rapper's “All Night” and producing for Vic Mensa and Joey Purp—before last fall's Paradise, his slinky
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Fortune contacted the City of Chicago and the city's Law Department for comment, but has not heard back. United was also accused of … In an email, a spokesperson from United told Fortune, “We have not been served with this suit and are unable to comment.” The suit claims that Long, who has not
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A proposed hike on the Pittsylvania County real estate tax coupled with recent appraisals could prove to be a double whammy when it comes time to pay the tax man. After eight community meetings and a public hearing to both educate the public and hear their opinions, the county's finance committee
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Fidelity National Financial (NYSE: FNF) is one of 5 public companies in the “Title insurance” industry, but how does it compare to its peers? We will compare Fidelity National Financial to similar businesses based on the strength of its institutional ownership, risk, earnings, valuation, dividends, analyst
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The nation's largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), GoldmanSachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations around the country. Here are other
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On Friday, earnings season will kick off in earnest with reports from four big banks — Citigroup, J.P. Morgan, Wells Fargo and PNC Financial — and CNBC's Jim Cramer thinks it'll be just what this market needs. “This is the most important earnings season for the big banks in years,” the “Mad Money” host
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yU+co, the eponymous film design company headed by Founder and Creative Director Garson Yu, has created yet another memorable title sequence for the latest Hollywood blockbuster, “Tomb Raider.” Known for their extraordinary creative work crafting title sequences for top feature films and TV
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If you love warm weather, the idea of sipping lemonade on the patio or splashing in the pool probably sounds like heaven. But if you don't already have a pool and want to install one, your dreams could be crushed by sticker shock. According to Home Advisor, it costs an average of $48,354 to install an
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Britain's property surveyors have issued the most downbeat assessment of the housing market for five years. The Royal Institution of Chartered Surveyors (Rics) said that in March demand from buyers fell for the 12th month in a row, new instructions from sellers declined for the seventh consecutive
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The ramping up of large construction projects such as Crystalbrook Collection's hotels and Nova City is yet to translate to a rebound in local house prices. The latest Cairns Watch report by Herron Todd White described the city's property market as being in a “steady state” with minimal change in recent
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BROCKTON, Mass. — Prosecutors say a Massachusetts mother charged with fatally stabbing her two sons with a kitchen knife may have done it for money and potential notoriety. The Enterprise reports that prosecutors said during 43-year-old Latarsha Sanders' arraignment Tuesday that the Brockton
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SALT LAKE CITY, Utah, Apr 11, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD)
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The judge overseeing the lawsuit between adult film actress Stormy Daniels and President Donald Trump told both sides to follow proper procedures and hold meetings before filing requests and objections for him to rule on. U.S. District Judge S. James Otero in Los Angeles has been swamped with a
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Its March report said house prices remained unchanged during the month with zero movement, marking the joint weakest reading since February 2013. There continues to be significant regional variation with price trends, with a balance of 47% of surveyors in London reporting prices falling rather than
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Tesla Inc. again placed blame for a fatal crash involving a Model X last month on the driver, hours after the man's family hired a firm to explore legal options. The March 23 death of Walter Huang happened on a clear day, with several hundred feet of visibility ahead, the electric-car maker said
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The Royal Bank of Scotland has been accused of spreading its mobile bank service in the Highlands “too thinly” to cover branch closures. A new timetable for the service to start from 21 May includes more locations, but shorter weekly visits for some locations. Stops in Kingussie will be cut from 45
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But Freddie Mac deputy chief economist Len Kiefer says both cash-outs and HELOCs are likely to grow in popularity — the key difference being the rate owners have on their current mortgage. ▫ Home-equity loan. These are traditional second mortgages and come with fully amortizing fixed rates currently
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The average rate on a 30-year mortgage was 4.4 percent, up from a low last year of 3.78 percent, according to the most recent survey from Freddie Mac. “People are falling into two camps: act before rates go higher or stay on the fence and wait to see where rates go,” Trendmaker Homes president Joe
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Investors Title Co (ITIC) investors sentiment increased to 1.36 in Q4 2017. It's up 0.32, from 1.04 in 2017Q3. The ratio is better, as 30 investment professionals increased and started new equity positions, while 22 sold and reduced stock positions in Investors Title Co. The investment professionals in our
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Although foreign buyer taxes have been introduced in two major Canadian metros over the past two years, Americans are still choosing their neighbour to the north as a prime spot for buying property. In fact, Americans ranked Canada as the third best country abroad to invest in property, according to
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“I will be retiring in January, leaving this majority in good hands with what I believe is a very bright future,” Ryan, 48, said at a news conference. “I think we have achieved a heck of a lot.” Ryan during a press conference in Washington on April 11. Photographer: Al Drago/Bloomberg. Ryan's retirement
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Scott Pruitt's willingness to part with taxpayer money as administrator of the Environmental Protection Agency has drawn rebukes from ethics watchdogs and lawmakers in both parties. Reports of Pruitt's liberal spending on travel, security and pay raises for staff “do raise concerns about whether the
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Mortgage rates technically hit the lowest levels in 2 months today. The catch is that they were already pretty close and that today's improvement wasn't necessarily that big. In fact, most borrowers will see the same interest rate in today's quotes with the only difference being a slight adjustment in upfront
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Billionaire Ken Griffin is giving $10 million to help Chicago police deal with gun violence in the city where his hedge fund is based. The money will go to a program that collects and analyzes gunshot data in high-crime districts with the goal of preventing and responding to shootings. The gift also provides
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A Greenville-based commercial real estate firm is seeking to develop an industrial park in Calhoun County. NAI Earle Furman Chief Development Officer Hal Johnson informed Calhoun County Council on Monday of his firm's desire to develop an industrial site in Calhoun County near Carolina Eastman.
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MCLEAN, Va., April 11, 2018 /PRNewswire/ — “We are honored to announce the continuation of great change here at Capital Automotive Real Estate Services (CARS) with an exciting addition to our management team. Tamara C. Darvish has joined CARS as our new Chief Operating Officer (COO).
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BOSTON–Global law firm DLA Piper announced that Emma Rothfeld Yashar, an associate in the firms Real Estate practice, has been elected board president of WalkBoston, a non-profit pedestrian advocacy organization focused on improving walking conditions in cities and towns across Massachusetts
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Broker Christian J. Angle of Christian Angle Real Estate handled both sides of this week's deal, having listed the house at just under $7.7 million in January. He also represented the seller in the 2016 sale and has the listing for Knop and Belluchie's three-bedroom, 4,420-square-foot house on Atlantic
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The Kenya Mortgage Refinance Company (KMRC) is expected to drive the affordable housing pillar of President Uhuru Kenyatta's 'Big Four' agenda through a public-private partnership that has commercial banks, pension funds, savings and credit cooperatives (saccos) and international finance
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It's typically Jeopardy that offers the game show lolz, but this week, Wheel of Fortune gave us a round of its own flubs. It all started when contestant Jonny (with no “h”, which was really all the hint we needed things would inevitably go awry) filled in the final letters to the puzzle: “Flamenco Dance Lessons.
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One of Ardsley's original homes is on the market. It has an intriguing history, says Ron Gretczko, who has lived here with his family for more than 30 years, one that dates back to the Revolutionary War. The property was also once owned by George H. Ainslie, a prominent New York City art dealer who
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Dallas real estate firm Caddis is getting a boost to plans announced last year to acquire medical office buildings thanks to additional capital supplied … The partnership comes as private investment firms and real estate companies are eyeing a potential slowdown in the U.S. economy in the years ahead.
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The Nashville Business Journal is pleased to announce our 2018 Power Leaders of Commercial Real Estate. To come up with our list of honorees, we gathered nominations from the community. Nominees then voted on one another to determine our list of winners, as selected by their peers in the
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Despite the past five years of Alaska's negative migration, the Anchorage residential market has remained relatively unscathed but whether or not that resiliency will continue into 2018 is the question that is on everyone's mind. According to an Alaska Trends March 2018 article, Alaska has the highest
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Jonny Knowles spoke exclusively to ABC11's Josh Chapin about his now infamous flamingo answer on Wheel of Fortune. (WTVD). SHARE. share · tweet · share · email. WTVD. By Josh Chapin. Tuesday, April 10, 2018 11:15PM. APEX, North Carolina –. A North Carolina man made famous for a flub on
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Facebook founder and CEO Mark Zuckerberg was once again in the Congressional hot seat Wednesday — fielding hours of questions from the House of Representative's Committee on Energy and Commerce on the ongoing Cambridge Analytica scandal. Zuckerberg's second day of testimony kicked
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Here is a fascinating post from Joe Rennison at Alphaville about how hard it will be to replace Libor with SOFR in the floating-rate loan market: Interest-rate derivatives markets are relatively willing to transition to SOFR, but “Libor has some features which work for the $4.1tn syndicated loan industry that
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WASHINGTON—U.S. bank regulators proposed retooling a major capital rule, their second move in as many days that could benefit some of the country's largest banks. The Federal Reserve and the Office of the Comptroller of the Currency on Wednesday proposed loosening the “supplementary
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JACKSON, WY— Two Jackson Hole Real Estate Associates real estate professionals were voted “best real estate agents” in Planet Jackson Hole's annual reader poll. JHREA says they are proud of agents Katie Colbert Brady and Mack Mendenhall for being consistently voted among the best. This is
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Capstead Mortgage Co. logo ValuEngine lowered shares of Capstead Mortgage (NYSE:CMO) from a buy rating to a hold rating in a research report sent to investors on Monday, April 2nd. Separately, Keefe, Bruyette & Woods raised Capstead Mortgage from a market perform rating to an outperform
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HP Inc. hopped on the pot bandwagon, offering a more official way to process all that cash dispensaries are collecting. The computer maker will sell a customized cash register system to marijuana businesses that comes pre-loaded with legal compliance software from Flowhub LLC. The idea is to do
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Investors are expecting increased use of the links when Chinese- listed stocks are added to MSCI Inc's global emerging markets index in June. The system has seen the daily limit hit just three times: northbound on November 17, 2014, the day the Shanghai program started, and southbound on April 8
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New Jersey Department of Banking and Insurance Acting Commissioner Marlene Caride has issued a bulletin that alerts banks, mortgage lenders, real estate licensees, consumers and small businesses involved in mortgage loan transactions of the prevalence of fraudulent schemes to divert funds
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The CFPB did not respond to HousingWire's request for comment on the matter. But the name isn't the only thing changing at the bureau. It is also receiving a makeover to the building. A new report from the Associated Press shows the CFPB spent about $6,000 frosting the windows on the offices of
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Mick Mulvaney faced an onslaught of hostile and sarcastic commentary from Democratic members of the House Financial Services Committee during a Capitol Hill hearing today relating to the Consumer Financial Protection Bureau (CFPB). Rep. Maxine Waters (D-CA), the Committee's ranking member,
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KENT COUNTY, MI — After a new home buyer was nearly scammed $180,000 in a wire-transfer scheme, police are warning home buyers to be cautious about making large financial transactions without double-checking with other parties in the deal. Kent County sheriff's deputies said a person buying a
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It's unlikely that when it meets on Thursday the NH House will offer a break on the state's real estate transfer tax to first-time homebuyers. Senate Bill 301, which cut the 75-cents-per-$100 tax to 50 cents for first-time buyers of homes valued at less than $300,000, easily passed the Senate. But it met a stiff
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Those are questions a committee of the Federal Financial Institutions Examination Council will take up at a hearing later this month, and its ruling could have broad implications for both banks and the real estate appraisers they rely on to determine the value of their collateral. The hearing, scheduled for
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If KB Home's management has any trepidation about rising interest rates, CEO Jeffrey Mezger certainly didn't show it in his prepared remarks. Based on his statement outlining the company's plan for the year and beyond, the housing market should be humming along just fine for some time.
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The Belarusian athlete will have his wife Hanna Hancharova, winner o the 2014 European title as Hanna Harchonak, for company as she contests the women's individual event at the National Gymnastics Arena in the Azerbaijan capital. These Championship, which conclude on Sunday (April 15), will be
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Bloomberg Economics estimates that weather-related disruption could trim 0.1 percentage point from growth in the first quarter, and the strikes, if fully implemented, may knock 0.2 points this quarter. Underlying momentum is probably around 0.5 percent a quarter, according to David Powell and Jamie
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PHH Corporation, through its subsidiaries, provides outsourced mortgage banking services to financial institutions and real estate brokers in the … The Company's content delivery solutions consist of software, hardware, and services for intelligently streaming video content to consumer devices; and
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With so much turnover on Wall Street, it can be difficult to keep track of all of the investment banking movers and shakers as they move from one firm to another. That said, it's important to know which senior bankers have hiring authority and want to add headcount to the desk or group that they lead.
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The result is more than a million rate combinations, generating a quote that is individualized for each borrower's loan. “We like to say there is the perfect rate for every loan scenario,” Vickers said. HousingWire sat down with Vickers at the Ellie Mae Experience conference to discuss Arch MI's solutions
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“The male is addicted to smoking, he's the breadwinner of the family, he gets a disease and the family spends a fortune to keep him alive, and usually fails,” Jha says, illustrating a common situation in low- and middle-income countries. “The family's broke and he's dead. The male addiction is having
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… seen since the last recession. Still, sales came in a bit better than expected last quarter. On a same-store basis, they fell 0.6 percent. Analysts predicted a 2.3 percent decline, according to Consensus Metrix. — From news reports. Coming today. 10 a.m.: Freddie Mac releases weekly mortgage rates.
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Local project representatives gathered yesterday for a groundbreaking ceremony to announce the grant. This is Hiway 80 Rescue Mission's first transitional housing program in Tyler. The faith-based group is known for its homeless work in Longview where it provides an emergency shelter, a women and
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Financial institutions in Canada have largely embraced blockchain technology, with most major banks, including the central Bank of Canada, conducting pilot projects or at least research into the uses of blockchain technology in banking. In fact, the Bank of Canada has gained a reputation for
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Crye-Leike Real Estate Services is now ranked as the nation's third largest independently-owned real estate firm, according to the 2018 REAL Trends 500 annual ranking report. Crye-Leike ranked third on their list of Largest Independents with 28,699 closed transactions corporate wide reported in 2017
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Steve Richman, a highly recognized sales trainer with Genworth Mortgage Insurance, spoke about the need for mortgage professionals to avoid common business clichés and the need to focus on updating their business plans to improve communication and differentiate themselves from competitors.
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But the other piece of the puzzle is the local housing market. In most neighborhoods, it seems like every available acre is filling up with new homes. “This house here is roughly 3,000 square feet, and it's a custom home. It's a contemporary style,” builder Tom Alexander said. Alexander showed us a lot
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High growth rates in EPS are more reliable in the case of 'matured companies' which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run. Wheeler Real Estate Investment Trust, Inc. (WHLR) is estimated to achieve earnings per share
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Clayton Evans was promoted to senior vice president of Community Banking and CRA officer at Reliance Bank. He previously was a regional business manager at Freddie Mac and president of Evans Consulting Group, LLC. At Reliance, he is responsible for shaping the community development
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Facebook CEO Mark Zuckerberg is testifying before Congress Tuesday and Wednesday in an event being watched closely not just by Facebook users, but also foreign governments and intelligence agencies, banks, investment houses, and Internet privacy advocates. Many experts have already
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The disruptive sector has taken the banking world by storm, casting a shadow on the future of traditional banking. The threat from Brexit has also called into question how Britain has – and will – deal with the country's departure from the European Union in terms of its strong worldwide financial standing.
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The median home price paid among Texas homebuyers in 2017 was $259,500, according to the new Texas Homebuyers and Sellers Report issued by the Texas Association of Realtors. Within the Lone Star State, the median household income among homebuyers increased from $94,200 in 2016 to
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Mortgage Network Inc. has announced that Jane Jordan, manager of the company's Laconia, N.H., branch, has been named a Top 10 Loan Originator by the New Hampshire Housing Authority. Jordan has been in the mortgage business for Mortgage Network Inc. has announced that Jane Jordan,
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In the second part of the analysis the authors point out that to call the housing market cyclical is a cliché but not completely accurate. Both the asset side, that is owner's equity, and the liability side, mortgages, demonstrate both volatility and structural breaks, an abrupt change in a time series either
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A new commercial real estate finance firm has been established in Miami with 26 employees, including key executives who currently work at Grass River Property. The new 3650 REIT aims to provide first mortgages, bridge financing, investments and loan servicing nationwide. Several of its founding
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A trio of left-leaning advocacy groups have unveiled the Web site ConsumersUnderAttack.org, which they promoted as offering evidence of how Mick Mulvaney's leadership of the Consumer Financial Protection Bureau (CFPB) is negatively impacting consumers. A trio of left-leaning advocacy groups
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Apex, N.C. — An Apex man is going to Spain, despite his recent viral flub on “Wheel of Fortune.” Airbnb is giving Jonny a $7,100 trip, which includes flights, and Airbnb in Spain and most importantly, flamenco dance lessons. “After filming, it took some time to process what just happened. One month later
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The New Brighton City Council has been authorized to execute a purchase agreement for property across the street from the former Korean United Methodist Church. In August 2017, the council paid $1.9 million for the abandoned church on the north end of New Brighton's Old Highway 8 corridor,
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The San Francisco Bay Area housing prices are so extreme, even a torched single-family home is selling for $800,000. The fire-gutted house is located in the affluent Willow Glen community in San Jose. Pictures of the home appear to show a charred roof partially separated from the remaining structure,
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First American Co. logo Zacks Investment Research downgraded shares of First American (NYSE:FAF) from a buy rating to a hold rating in a research note published on Tuesday. According to Zacks, “First American Financial Corporation provides financial services through its Title Insurance and
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Inside a lab at Carnegie Mellon University in Pittsburgh, a robot arm lifts a bottle filled with chemical reagents and carries it over a bank of test tubes, where it dispenses a precise number of drops into each one. The arm swivels, replaces the bottle, swivels again, and picks up another container.
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A decrease in applications for refinance loans continued to pull mortgage apps down during the week with overall mortgage applications decreasing 1.9 percent from the week earlier according to the Weekly Mortgage Applications Survey by the MBA. On an unadjusted basis, the market composite index
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With warmer weather and longer days comes an annual ritual as reliable as the first sign of crocuses: The real estate market is heating up. With home-buying season in full swing, it's the perfect time to look at how people are improving their homes. As many homeowners already know, one of the best
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From Saumur to Saint-Joseph, there are affordable, top-tier wines to be found if you know where to look. By. Elin McCoy. More stories by Elin McCoy. April 11, 2018, 3:16 AM PDT. You love Burgundy, but oh, those prices. You can't drink Champagne all the time, and Bordeaux is just not what you're
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CHARLOTTE, N.C. – Fewer homes for sale and higher prices on the listings are making it hard for Charlotte-Mecklenburg Schools teachers to buy a home in Charlotte. A solution to that would be to pay teachers more and Superintendent Clayton Wilcox is expected to recommend a raise for them at
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“Mortgage brokers and most banks don't tell you because they don't like to take the compliance risk of telling you the exact reason, and a lot of times, they don't even know because the systems don't talk to each other,” says Vishal Garg, the founder and CEO of Better.com, a digital mortgage company.
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Legal procurement professionals have increasingly exerted pressure on service providers over recent years, helping to shape the future of legal spend. Buying Legal Council, an international trade organization for procurement professionals, conducts an annual survey to keep a thumb on the pulse of
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A House committee room was full of consumer advocates and the top players for the payday lending industry, including store owners and lobbyists, as Republican Representative Kyle Koehler laid out some changes he wanted to add to his bill. “We have to put in a piece of statute that actually has some
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Bank of America will stop lending to manufacturers of “military-style firearms” that are sold for civilian use, a bank official revealed this week. Anne Finucane, a vice chairman at Bank of America, announced the plans Tuesday in an interview with Bloomberg Television, saying the bank had “intense
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While local people are the “obvious” bread and butter of what drives a shopping centre, tourists who come through Edmonton every year as well as the airport traffic are very important to the mall's market, said John Scott, senior vice-president of development and construction at Ivanhoe Cambridge.
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CBS Local — Bank of America says it plans to stop lending money to gunmakers who produce military-style firearms for civilians. In an interview with Bloomberg Television, one of the largest U.S. banks said it intends to do everything it can to reduce gun violence in America. “It's our intention not to
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Shidler brings 20 years of mortgage servicing experience to the company. Previously, Shidler served as VP of default for Nationstar Mortgage (now Mr. Cooper). Shidler also held multiple positions during an 18-year tenure with CitiMortgage/CitiFinancial, Citigroup (formerly Associates Financial
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Eskom, like other state-owned companies in South Africa, provides home loans to its staff with about 38 percent of its employees currently holding a mortgage backed by the electricity producer. The utility is facing a financial crisis stemming from factors including weak demand, delinquent municipalities
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International trading houses have stopped buying from the company and the LME on Tuesday said aluminum made by Rusal after April 6 can't be used to settle futures contracts on the exchange. CME Group Inc.'s Comex also said it won't allow deliveries of Rusal material. “The LME suspension of fresh
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If you're looking to buy or sell your home, the time of year matters, regardless of the market you're in. Think about your timeline and where that timeline falls in real estate's cycle. One you have your mortgage pre-approved, you may not have a lot of time to wait if you're in a market that's fast-paced.
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“The selloff of big caps will likely get worse in the second quarter, with exchange traded funds facing stronger redemption pressures,” said Hao Hong, chief strategist at Bocom International Holdings Co. “It makes more sense for investors to buy bonds rather than stocks, especially now that the risk of
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Online shoppers are increasingly buying from international retailers, relying more on digital devices and seeking alternate delivery options, according to a study from UPS. The UPS Pulse of the Online Shopper Study found that global competition for customers is increasing, with a significant number of
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In the first column of this HousingWire article, I listed the ten U.S. metropolitan statistical areas with the highest projected appreciation between March 1, 2018 and March 1, 2019. Number one on the list, with a projected rate of appreciation over 11%, was Washington State's Seattle-Tacoma-Bellevue
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Big Money Sentiment increased to 1.36 in 2017 Q4. It has change of 0.32, from 2017Q3's 1.04. The ratio improved due to Investors Title Company positioning: 2 sold and 20 reduced. 8 funds took stakes and 22 increased stakes. Investors holded 786,425 in 2017Q3 but now own 790,051 shares or
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The demand for the rise of e-commerce and third-party logistics in the domestic logistics real estate industry has risen rapidly. However, there are restrictions on the supply of industrial land. The huge supply and demand gap in the industry has led to a higher return on investment for logistics real estate
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This column does not necessarily reflect the opinion of Bloomberg LP and its owners. Stephen Gandel is a Bloomberg Gadfly columnist covering equity markets. He was previously a deputy digital editor for Fortune and an economics blogger at Time. He has also covered finance and the housing market.
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Five businessmen have now pleaded guilty to conspiring to rig bids on foreclosed real estate auctions at courthouses in South Mississippi. One of them, retired Gulfport Allstate agent Terry Tolar, 61, said he had no idea what the real estate investors did was illegal. They met up for years at auctions,
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SHELTON, Conn., April 11, 2018 /PRNewswire/ — William Raveis Real Estate, Mortgage & Insurance (WRRE), the top family-owned real estate … all NESN home-game broadcasts, TV commercials on New England Sports Network (NESN), commercials on Fenway's outfield video board prior to the start
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“Secretary Carson is sending a message to the country that he does not take discrimination in the housing market seriously,” Diane Yentel, president and CEO of the National Low Income Housing Coalition, told Newsweek in March. Even if the language changes happen, she said, HUD Secretary Ben
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BRUSSELS (Reuters) – New global standards on how much capital banks must hold against trading risks won't be fully inserted into European Union law for the … The bloc is approving a package of rules to complete its banking union, whereby lenders comply with the same rulebook to avoid becoming
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Share of Ares Commercial Real Estate Corporation (ACRE) have caught the attention of the Wall Street community. The stock price is settled at $12.46 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that ACRE spotted a negative behavior with
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It has been seven months since the last of three big hurricanes hit the U.S., but a pilot program designed to give banks a chance to make federally backed disaster loans has yet to take its first application. What's more, the pilot was established only last fall even though Congress directed the creation of a
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With Bitcoin settling in a narrower trading range following its dramatic price collapse, it seems the “HODL” life is no more. At least that's suggested by data collected by one Reddit.com user who noted the relationship between the number of times the term “HODL” was used in postings on the site and the
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After she and her husband, Carl Hartwig, purchased Woods County Abstract, Hartwig retired from teaching to help Carl build a successful title company. – The Hartwigs pursued most of their activities by each other's side and family was always a top priority in their lives. Hartwig enjoyed spending time
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The Fair Housing Act has eliminated the most blatant and overt forms of housing discrimination that were routine a half-a-century ago. Yet our nation's housing markets, rental and owner-occupied, remain awash in racial bias and denial of equal access. NFHA estimates that each year, there are more
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In an effort to become the premier online search portal for ag real estate, Terva is rebranding itself as well as enhancing its product offerings. Developed by Steven Brockshus as part of his agricultural entrepreneurship class at Iowa State University, the online tool lets you view upcoming land sales, sale
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From the unusual sights to the iconic canals to the mix of old and new homes, Venice is a feast for the senses. To get a taste of the local flavor, real estate agent Tami Pardee gave Hot Property host Jesse Goddard a personal tour through the weird and wonderful beachfront neighborhood. Our journey
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SINCE 9/11, major museums and galleries in North America and Europe have embarked upon an extraordinary buying spree of works by Muslim artists — or, in more secular parlance, artists from the Muslim world. And yet unlike the case of Islamic art, which almost invariably refers to pre-modern
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Many real estate experts have blamed the historically low homeownership rate on the glaring absence of Millennials in the housing marketplace — even as many Millennials are aging into their prime homebuying years. After hitting a 50-year low in July 2016, the US homeownership rate has been
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Two famous entertainment companies are providing excellent entertainment to fans of corporate dealmaking as they wage the weirdest takeover battle ever. As in so many popular storylines, you kind of know how it will end—but you have no idea how it will get there. Here's the synopsis: CBS, the highly
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When asked if Bank of America would stop lending to manufacturers who make military-style firearms for civilians, Finucane answered, “yes.” Asked if it would be a full, 100-percent stop, she again answered, “yes.” While Bank of America will no longer do business with the manufacturers of “military-style
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If that kind of price tag is out of reach or you want to build a home to fit your own specifications, buying land could be a cheaper option. However, land purchase financing is significantly different from traditional mortgage financing. Before applying for a land loan, make sure you understand how the
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To be fair, housing in most urban areas with booming populations and flourishing tradable goods industries is costly, but Seattle has become pricey to the point of parody. News reports tell tales of people buying houses they've never seen. Buildings so decrepit that buyers must sign waivers to enter sell
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The gender and racial pay gap extends into pretty much every industry, including high-skill, high-stress fields like medicine. In fact, white or male doctors make tens of thousands of dollars—and even up to $100,000—more, on, average than women or minority physicians, according to a new survey.
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The worth that appraisal management companies bring to the property valuation process is no different than that of independent appraisers, a Federal Housing Finance Agency working paper said. AMCs act as a firewall — a role that came from the Home Valuation Code of Conduct introduced after the
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Treasury Secretary Steven Mnuchin signaled on Wednesday the U.S. may impose “very strong” sanctions on Iran as President Donald Trump seeks to renegotiate a multinational accord that curbs the Islamic Republic's nuclear program. Mnuchin, testifying before a House appropriations subcommittee,
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ARVADA, Colo., April 11, 2018 /PRNewswire/ — Christine Jensen of Fairway Independent Mortgage Corporation has achieved the designation of Certified Reverse Mortgage Professional. Christine is one of just 153 individuals in the nation to hold this title from the National Reverse Mortgage Lenders
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Completing the Banking Union with a. European Deposit Insurance Scheme: who is afraid of cross-subsidisation? Jacopo Carmassi, Sonja Dobkowitz,. Johanne Evrard, Laura Parisi, André Silva,. Michael Wedow. Disclaimer: This paper should not be reported as representing the views of the European
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The risk of conflict between the U.S. and Russia over Syria has been roiling markets, raising Russian credit risk and weakening the ruble. Adding to the turmoil has been the introduction of a measure — still in the earliest stages of the legislative process — to block transactions and financing for Russian
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Prosecutors say a Massachusetts mother charged with fatally stabbing her two young sons with a kitchen knife may have done it for money and potential notoriety. Latarsha Sanders, 43, is arraigned in Brockton District Court on two counts of murder on Tuesday. (Marc Vasconcellos /The Enterprise via
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… a survey released in late March by the National Association of Realtors. “At the same time, the average rate for a 30-year, fixed-rate mortgage has risen to 4.40% as of last week from 3.95% at the beginning of the year, according to Freddie Mac, FMCC +0.37% putting still more pressure on affordability.
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A week after U.S. authorities arrested two men behind an initial coin offering that raised more than $25 million, their digital token continues to trade. The ICO Party Rages On. Regulatory crackdown hasn't slowed rush to raise crypto cash. 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 Mar. April May June July Aug. Sept.
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After spending years paying off your mortgage, would you take on another if it helped your children onto the property ladder? The Post Office has launched the Family Link mortgage, which lets first-time buyers use the home of a close relative as collateral against their own house purchase. First-time
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Bank of America (BAC) shares were more than 1.1% lower in Wednesday morning trading at $30.13. Bank of America, the nation's second-largest bank by assets, started the process of cutting ties with makers of military-style weapons for average Americans after the Feb. 14 mass shooting in which 17
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Venturize logo The Small Business Majority (SBM), a national small business advocacy organization, has introduced expanded resources to Venturize.org, an educational online lending platform that the organization took over in February. The platform aims to help small business owners access the
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There may be monitoring. There are a host of other remedies that come on to ensure that this type of discrimination is eliminated from our housing market. Q: Can you explain where someone may not intend to do something but actually is implementing a policy that could violate the Fair Housing Act?
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JOHANNESBURG – The office of the Ombudsman for Banking Services (OBS) on Wednesday warned South African consumers that banking services were among the many that were affected by the one percent increase in value-added tax (VAT) which became effective on April 1. This comes amid rising
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The New York Department of Financial Services is fining Nationstar Mortgage $5 million for failing to comply with servicing and origination regulations as it grew between 2012 and 2014. “The company's failure to fully plan for risks associated with its rapid growth exposed borrowers to increased risks,
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Less stress: The Federal Reserve announced a set of proposals that would make it easier for big banks to pass annual stress tests, but would increase capital requirements for some of the biggest and most complex banks. Capital requirements for the eight largest banks deemed systemically important
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Carol Ellickson, Sotheby's International Realty: “Most buyers come to me from all over the country with a pretty good idea of what school system they would like to be in. They have already done their research. I would think they would know that school districts can change over time, but it is not a quick
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Mortgage applications, both for home purchases and refinancing, declined for the second consecutive week during the period ending April 6. The Mortgage Bankers Association (MBA) reports that its Market Composite Index, a measure of application volume, was down 1.9 percent on a seasonally
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After Bernard Madoff's Ponzi scheme collapsed in 2008, the U.S. Marshals Service seized all of his family's assets. Among the silverware, jewelry, cars, and boats, authorities took possession of a relatively modest, 3,000-square-foot beachfront home in Montauk, N.Y., on the easternmost tip of Long
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In February, second largest public sector bank Punjab National Bank detected fraudulent transactions at one of its branches in Mumbai. The biggest ever banking fraud of more than Rs 13,000 crore was allegedly committed by billionaire diamantaire Nirav Modi and his associates in connivance with
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In an exclusive conversation, with ET Now's Supriya Shrinate, former Sebi chairman M Damodaran said that Indian banking system laid with governance lapses and complete overhaul is the needs of hour. Watch the interview where former SEBI top boss talks about governance, developments at ICICI
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Lloyds Banking Group (LBG) has brought Richard Warren, managing director of Greenhouse GroupM, inhouse as its new marketing and communications chief. The Drum has learned that Warren, who only joined GroupM in August last year, will take on the role of director of marketing and
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Recent criminal indictments against one of the company's waterpark mortgagors and certain related parties may negatively impact the likelihood of repayment of the related mortgage loans secured by the waterpark and other collateral and have a material adverse effect on the company's business,
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U.S. Senate Banking Committee Republican Pat Toomey said on Tuesday the panel plans to repeal the Consumer Financial Protection Bureau's indirect auto lending and leveraged lending rules in the coming weeks. The agency conceived to stamp out predatory lending must pull back from “unfair”
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A transformation is occurring in the world of consumer banking. New competitors are entering a marketplace that used to be dominated by a few corporate giants; the most innovative moves are coming from challenger banks such as Starling, Monzo and others who provide specialised financial services
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SAN DIEGO, April 11, 2018 /PRNewswire/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce the hiring of two seasoned banking and lending professionals to further support the Bank's expansion in Southern
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NEW YORK, April 11, 2018 /PRNewswire/ — Oracle Industry Connect – Today Oracle announced the results of a new global study that delves into consumer's sentiment, behavior and expectations around banking. Findings from The New Digital Demand in Retail Banking report shows that banking today
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The owners of an abandoned, fire-destroyed home in San Jose are asking $800,000 for the house and surrounding 5,800 square foot lot. Holly Barr. By Chris Morris. 12:25 PM EDT. It's no secret that real estate prices in Silicon Valley are ridiculously high, but a new listing in San Jose is pushing the limits
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Banks that use Oracle Banking APIs can take advantage of pre-integration with existing Oracle core banking systems: Oracle Banking Digital Experience, Oracle Identity Cloud Service and Oracle API Platform Cloud Service. But the APIs will also work with any core banking or online banking solution,
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Unlike many brokers at Merrill Lynch, David Ingle welcomed the firm's attempts to cross-sell loans and other Bank of America products and services to investment clients. But the firm and, now a regulator, said the Arizona advisor went way too far in laying the credit groundwork for clients and prospects.
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In talking points about Ryan's retirement sent from the NRCC to Republican operatives, which were obtained by Fortune, the organization stresses several times that this decision will not impede fundraising, noting that they have more cash on hand than the DCCC, and will continue to shatter fundraising
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Paul Bisaro, an industry veteran who will be executive chairman of the Amneal-Impax combination when the merger is complete, said earlier this year that makers of generics need to think about using companies such as Amazon.com, FedEx, or United Parcel Service to get drugs directly to consumers.
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CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America's Digital Mortgage Experience™, launched this week, seamlessly guides clients through the mortgage process via the bank's award-winning mobile banking and online platforms. With advanced application prefill capabilities, clients can apply for
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Alexandria Real Estate Equities (ARE) are being monitored this week as the Schaff Trend Cycle levels have shown a consistent uptrend over the course of the past 5 trading sessions. If the levels breach the key 70 level, a market reversal will be likely, according to this signal. The Schaff indicator
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Investors Title Company (ITIC) received positive focus on shares in Tuesday Session. The stock has performed 2.09% and it registered share value at $199.62 in recent trade transaction. At present, the stock price sited at -10.03% from the 52 week high and situated at 27.86% from 52 week low.
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Michael Douglass: I promised we were going to get back to banking, and lo and behold, here we are. Banking. When you look at how the banks are expanding and changing, particularly the big banks, but I think we see this across some of the smaller regional ones as well, there is a vertical integration
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(CNN Money) — Bank of America plans to stop lending to manufacturers of “military-style firearms” used by civilians, an executive told Bloomberg. “We want to continue in any way we can to reduce these mass shootings,” Anne Finucane, vice chairman of Bank of America, said in an interview. “It is our
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John DiMenna, a 75-year-old former Stamford-based real estate developer, was sentenced to 85 months in prison, followed by three years of supervised release, on federal charges of defrauding investors and lenders. DiMenna pleaded guilty last September to two counts of wired fraud related to a
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“Your user agreement sucks,” Senator John Kennedy, a Louisiana Republican, told Zuckerberg. “I don't want to vote to have to regulate Facebook, but by God I will.” Facebook has disclosed that posts from a Russian company known for pushing Kremlin propaganda had reached the news feeds of 126
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Research reports have been issued by WallStEquities.com on Seacoast Banking Corp. of Florida (NASDAQ: SBCF), Signature Bank (NASDAQ: SBNY), Union Bankshares Corp. (NASDAQ: UBSH), and United Community Banks Inc. (NASDAQ: UCBI). The Regional Mid-Atlantic Banks industry comprises
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