Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking'

Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking'

When Uber's new CEO Dara Khosrowshahi visited India earlier this year, the president of Uber India asked him what advice he would give to his 22-year-old self, and Khosrowshahi offered a candid response, The New Yorker reports: “To get the hell out of investment banking sooner.” Khosrowshahi, 48
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Nonbank Loans Rise As Banks Find New Ways To Access Subprime Borrowers

The Wall Street Journal, citing an analysis of regulatory filings, reported bank loans to Exeter and other nonbanks hit a high $345 billion between 201o and 2017. Providing these nonbanks with loans has become one of the largest categories of bank loans made to companies. The banks say it's safer
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South Florida Industrial Real Estate Prices, Transactions Rise in 4Q; 4Q 2017 Vizzda/MIAMI …

“South Florida is a top-tier U.S. industrial real estate market and the stats back it up. South Florida's population growth and investment opportunities make the region a hub for world markets and a top market influencer worldwide.” The Quarterly Report – South Florida Commercial Real Estate includes
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Sam McCaskill joins Thornton Oliver Keller Commercial Real Estate's land brokerage team

sam-mccaskill-copy Sam McCaskill has joined Thornton Oliver Keller Commercial Real Estate's land brokerage team. McCaskill has been selected to participate in the firm's 12-month brokerage training program, specializing in land and commercial real estate, and will be mentored by the firm's
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Town Square Bank Selects Jack Henry Banking SilverLake System

In 2014, Home Federal Savings and Loan merged with Town Square Bank to blend their strengths as “The Local Lender.” The bank wanted a core technology partner that would prepare them to offer an enhanced digital platform, a modern branch experience, and additional operational efficiencies.
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'Wheel Of Fortune' Fail Hurts More Because Player Just Had To Read Answer

With $7,100 at stake, all Jonny had to do was read “Flamenco dance lessons.” Only he pronounced “Flamenco” as “flamingo” and got buzzed for being incorrect. Another contestant then solved it. We don't have the heart to call him a bird brain. “You gave us a 'G' instead of a 'C,'” host Pat Sajak told
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Optimizing Mortgage Loan Lifecycles With Fintech

Integrated properly into both the trading and operational side of the mortgage lifecycle, fintech can not only increase margins but also allow for lenders to originate more loans in less time and in a more efficient and secure manner. Additionally, by using fintech throughout the mortgage lifecycle, each
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Weekly Mortgage Applications Report for April 10

A combination of rising interest rates and home prices this year is shaking the resolve of homebuyers and homeowners who no longer see an incentive to refinance. As a result, mortgage applications took another dip for the week ending April 6, falling 1.9% from the previous week, according to data from
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Rare ANEK buy signals change of fortune

Greece's ANEK Lines has returned as a buyer on the sale & purchase (S&P) scene, following a successful debt restructuring and three straight years of profits. ANEK has purchased the 31,800-gt ro-ro vessel Grand Spring (built 1991) for about $8m, according to local brokers and Greek press reports.
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India Asks Oil Retailers Not to Increase Fuel Prices

India's oil minister Dharmendra Pradhan says he'd be happy with $50 oil. Bloomberg's Annmarie Hordern reports. India's state-run oil retailers have been asked not to increase retail diesel and gasoline prices and absorb a part of the losses due to the recent recovery in global crude oil, people with
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Record high for approved projects waiting in the wings

THE level of approved residential development projects waiting in the wings has hit a record high. Sophie Foster. The Courier-MailApril 11, 20185:26pm. Detached housing starts were a bright spot, according to ABS data.Source:News Limited. THE level of approved residential developments waiting in
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Houston home sales tumble for first time since Hurricane Harvey

Houses are taking longer to sell and sales across the region fell last month for the first time since Hurricane Harvey, a new housing report shows. Buyers closed on 6,810 single-family homes in March, a 2.5 percent decline from a year earlier, the Houston Association of Realtors said Wednesday in a
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Reverse mortgages, once risky, have grown safer in recent years

Q: I have a friend who owns his home outright. He is experiencing financial difficulty but refuses to look into a reverse mortgage because an attorney friend of his told him to stay away from reverse mortgages. In my opinion, a reverse mortgage sounds like the only way for him to go since he has no wife or
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There is Big Trouble Brewing in Real Estate

While the housing market has been doing well and credit markets still look solid on a fundamental basis, there is big trouble brewing in US housing. The proportion of highly indebted mortgage borrowers is surging. Fannie Mae recently increased the amount of total debt as a proportion of income it
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Markets Right Now: Banks, tech lead US stock indexes lower

Technology companies and banks had some of the biggest losses in early trading Wednesday. Microsoft gave back 1 percent, and JPMorgan Chase and Bank of America each fell 1.2 percent. Investors were unsettled by threats of military action against Syria by President Donald Trump. The market had
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'Wheel of Fortune' Contestant Loses $7000 With Embarrassing Mispronunciation

The contestant looked saddened as Sajak tried to explain. A rival contestant then solved the puzzle with the proper pronunciation. Earlier this year, another “Wheel of Fortune” contestant had a puzzle reading, “A Streetcar Na_ed Desire.” He chose the letter “K” to fill in the blank, failing to solve the puzzle.
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Commercial Real Estate: How can businesses capitalize on all of the new opportunities coming to …

Over the next 10-20 years the Loudoun County community is going to experience one of the most rapid developments in history. Now, this is not to say that we are going to lose all of the pieces of Loudoun County that we have come to love. All of this development will bring new businesses of all sizes
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Senators Tell Facebook CEO the Days of Self-Regulation May End

Facebook, fending off the Cambridge Analytica furor, has promised steps to improve transparency, saying, for instance, that it would create a searchable archive for federal election ads. Some lawmakers said they didn't view Facebook's recent steps as enough. Senators said there will be more hearings.
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Murphy's Free-College Plan Leaves NJ Four-Year Schools Adrift

Governor Phil Murphy's $50 million pitch for free community college excludes most New Jersey households in favor of the poorest students, the majority of whom already receive government aid. His spending proposal offers little relief to those attending four-year schools in a state with the nation's
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Fame and Fortune

Although a woman of great humility, Dorothy Fortune had to see an induction into the South Carolina Basketball Coaches Association as a foregone conclusion. After all, Fortune coached the Lee Central High School girls basketball team to five 2A state championships and won 769 in her coaching
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Impact of investor retreat from housing market evident in building activity

Impact of investor retreat from housing market evident in building activity

With investors having been the target of a number of regulatory interventions, the impact on residential building activity is now evident, according to Geordan Murray, senior economist with the Housing Industry Association (HIA). Murray cited data from the Australian Bureau of Statistics (ABS), released
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Should you bank your baby's umbilical cord blood? Here's a guide for thinking through the issue.

In 2015, the American College of Obstetricians and Gynecologists put out an opinion that, at this point, the science doesn't support routine cord banking. As such, cord banking shouldn't interfere with normal obstetric or neonatal care, including the timing of cord clamping. “The routine storage of umbilical
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Tech Today: Zuck's 'Uneventful' Day, Apple's AI Ambition, Buying Tower Stocks

And fourth, “the simple reality that Sprint doesn't appear to have a path to sustainability.” SunTrust Robinson Humphrey's Greg Miller urges investors to buy the stocks of the tower companies, American Tower (AMT), Crown Castle International (CCI), and SBA Communications (SBAC). “Ultimately, we see
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Nationstar Mortgage fined $5M for NY bank law violations

Regulators in New York have fined Nationstar Mortgage $5 million for violations of the state's banking rules. State Department of Financial Services Superintendent Maria Vullo announced the action Wednesday. In addition to the fine, the Dallas-based mortgage servicing company has agreed to donate
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Deutsche Bank renews Illinois sec lending service deal

The Illinois State Treasurer's Office has renewed an agreement to receive securities lending services from Deutsche Bank, following a competitive request for proposals process. The renewal follows a 10-year third-party securities lending relationship between the State Treasurer's Office and Deutsche
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Mark Zuckerberg's Natty Apparel and Other Takeaways From a Day on Capitol Hill

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I swear I tried to get interested in Mark Zuckerberg's congressional testimony Tuesday. I couldn't. I loved his exchange with Dick Durbin, who got the Facebook CEO
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Westpac crackdown on lending standards

From mid-April, the second-largest bank in Australia will ask brokers to collect more detailed information on borrower expenses, including media streaming service costs and gym membership fees. The move comes as the banking royal commission zeroes in on irresponsible lending and mortgage fraud,
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UPDATE 2-Egypt sets local wheat price in line with int'l markets, angering farmers

CAIRO, April 11 (Reuters) – Egypt set its local wheat buying price at 570-600 Egyptian pounds ($$32-$34) per ardeb on Wednesday (150 kilograms), tying it to international prices but angering farmers who warned it could push them to grow other more profitable crops next season. Egypt, the world's
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Lenders Ease Credit Standards as Home Prices, Rates Rise

For example, according to The Wall Street Journal, Fannie Mae and Freddie Mac have been doing things such as backing loans by lenders that pay down a buyer's student loans and making it easier for self-employed borrowers to get a mortgage. In the summer, Fannie Mae raised the debt-to-income
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Zillow: Black Homebuyers Face Fewer Affordable Options

Zillow also determined that a buyer earning the median national income of $58,978 could afford to buy 74.2 percent of available homes last year. Buyers with the median Asian household income could afford to buy 85.2 percent of homes that were for sale in 2017, while those with the median white
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Trump Can Help American Workers. His Trade War Won't.

Here are some better ideas: Offer training and tax incentives to workers. Remove barriers to employment. Invest in infrastructure. by. Michael R. Strain. @MichaelRStrain More stories by Michael R. Strain. April 11, 2018, 7:05 AM PDT. Chinese President Xi Jinping gave a major address Tuesday that
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Analysts weigh in on the future of the Australian housing market

Analysts have expressed conflicting views on the future direction of the Australian property market, with UBS arguing that a major slump in mortgage borrowing power is on its way and AMP forecasting further price falls this year. Capital city house prices fell 0.2% in March, the fifth-consecutive monthly
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What P/E Ratio is Telling To Potential Investors – Valeant Pharmaceuticals International Inc (NYSE …

Shares were mixed in Asia on Wednesday, trading in a narrow range after overnight gains following conciliatory comments on trade by Chinese President Xi Jinping. Xi's pledge to cut tariffs on imported cars and improve intellectual property protection was seen as a step toward easing trade tensions.
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Q&A: Real Estate Agent Kelsey Kroon on What Millennial Home Buyers Want

Real estate is . . . an investment that the vast majority of people make in their lifetimes, so it is important to learn and understand. Real estate is in alignment with my passions—a combination of architecture, interior design, marketing, business, market trends/forecasting, and working with people with effort
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DA: Fame, fortune motivated mother charged in sons' stabbing

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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Gardner hangs his hat – Perry bids farewell to real estate community

After 46 years of being a staple to the real estate community, Perry Gardner is retiring. Upon graduating from Brigham Young University in 1972 with a dual bachelor's degree in business and accounting, he obtained his real estate license and started Go Real Estate. He later joined Coldwell Banker and
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10 Reasons the Cup Series Might Be Better Without a Title Sponsor

Even if Monster Energy is no longer the title sponsor, there's no reason to think that the company won't continue to participate. They already sponsor the No. 41 Stewart Haas Racing Ford of Kurt Busch for multiple races. They could potentially increase their involvement at SHR. Perhaps they take on a
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Berlin has the fastest rising housing prices in the world, study finds

However, that Berlin ranks as the city with the fastest rising real estate market in the world is a staggering statistic for the capital's inhabitants. According to a Global Residential Cities Index from British consulting firm Knight Frank, real estate prices in the rest of the world aren't rising at even nearly the
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ValuEngine Upgrades Town Sports International (CLUB) to Buy

Town Sports International (NASDAQ:CLUB) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, April 3rd. Several other research firms also recently weighed in on CLUB. Imperial Capital reissued an “outperform” rating
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Kyrylo Shevchenko: New strategies for fostering progress of Ukraine's banking sector

KIEV – Media center of Segodnya.ua hosted an interview with Kyrylo Shevchenko, Chairman of Board at JSB UKRGASBANK, laureate of the national award Person of the Year 2017, nomination Financier of the Year. Barring the shocks of economic crisis and the failure of the banking system at large,
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Leicester housing market is picking up but there's still something holding it back

Leicester housing market is picking up but there's still something holding it back

Across the East Midlands the housing marking is bouncing back but it is a lack of stock that continues to impede sales growth. Momentum in the East Midlands housing market picked up in March, as buyer enquiries and agreed sales bounced back, according to the March 2018 RICS UK Residential
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Mozambique's central bank cuts key lending rate to 18 percent

MAPUTO, April 11 (Reuters) РMozambique's central bank reduced its benchmark lending rate by 100 basis points to 18 percent, the governor said on Wednesday. Governor Rog̩rio Zandamela said the monetary policy committee had also decided to reduce the monetary policy interest rate, or MIMO,
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Toronto condo rents climb 11% in past year as new mortgage rules lock out buyers

The average cost to rent a condominium in the Greater Toronto Area has risen by almost 11 per cent in the past year partly because tougher mortgage rules have shut out new buyers and flooded the market with renters, a new report by research firm Urbanation says. Urbanation calculates that the
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Trump's New Executive Order Will Make Welfare Recipients Work to Receive Benefits

President Trump is adding requirements for the poorest Americans to get access to government assistance. Trump signed the Reducing Poverty in America by Promoting Opportunity and Economic Mobility executive order on Tuesday, directing federal agencies to expand work requirements for those
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Mortgage application volume drops on less purchase activity

Mortgage applications decreased 1.9% from one week earlier as purchase activity was down again, according to the Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey for the week ending April 6 found that the refinance index decreased 2% from the previous week.
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Angola Overtakes Nigeria as Owner of Most Battered Oil Currency

Oil currencies have been hammered since crude prices crashed almost four years ago, and none more so than Angola's. After a series of devaluations that started in January, the OPEC member's kwanza has now lost 55 percent of its value against the dollar since June 2014, when Brent crude began its
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A Night Of Art And Artisanship

The most influential from the sphere of business, luxury, art, auto and real estate gathered to uncover spending trends and understand how luxury investment has become a key trend across India and the world. Among the attendees were Shabana Azmi, Kokilaben Ambani, Shaina NC, Princess Diya
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Real Estate Strategies for Associations & The Legal Sector

These tenants' decisions impact the city's commercial real estate market more than any other industry. While Southeast and Southwest markets have gained popularity in recent years, major leases in the central business district are bringing the East End back into discussion. Which tenants enjoyed their
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Apex man on 'Wheel' admits, 'I just screwed up' after mispronouncing 'flamenco'

Jonny Knowles spoke exclusively to ABC11's Josh Chapin about his now infamous flamingo answer on Wheel of Fortune. SHARE. share · tweet · share · email. WTVD. By Josh Chapin. Wednesday, April 11, 2018 12:06AM. APEX, NC (WTVD) –. An Apex man made famous for a flub on Monday's
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Greenbriar Capital's RealBlock (TSXV: $GRB.V) Adds Phoenix's Landmark Title Assurance to …

(Investorideas.com Newswire) Greenbriar Capital's RealBlock (TSXV: GRB), the first publicly traded real estate blockchain enterprise, is pleased to announce that Landmark Title Assurance Corp. of Phoenix has agreed to integrate RealBlock's blockchain technology into it's day to day operation.
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Nabard to expand its long-term lending to Rs 80000 cr in FY19

MUMBAI: Development finance institution Nabard today said it aims to increase its long-term on-lending or refinance portfolio to about Rs 80,000 crore in the current fiscal as part of its effort to improve the rural economy. The institution's on-lending in 2017-18 was Rs 65,000 crore. National Bank for
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5 reasons for the Wasatch Front's hot housing market

You frantically call up your realtor, only to find it's already been sold — just a few hours after it was put on the market. Does this sound familiar? If so, you're not alone. Many potential homebuyers in Utah have learned that affordable homes in today's housing market go quickly. In 2016, the average
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Latest real estate transfers

Henderson Jr. by Ref. to RSL Property Management, 70 J T Blvd, One Family Year-Round Residence, .21 Ac., $163,000; on Dec. 22, 2017. P. & J. Moglia to 151 East 2nd Street, 151 E. Second St., One Family Year-Round Residence, .04 Ac., $231,500; on Dec. 22, 2017. S. Hogan/Langhorne to S.
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Macao's residential mortgage loans decrease in February

MACAO, April 11 (Xinhua) — Macao's new approvals of residential mortgage loans and commercial real estate loans decreased month-to-month in February this year, according to statistics released on Wednesday by the Monetary Authority of Macao. In February 2018, new residential mortgage loans
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This is what you need to know about the Derbyshire property market right now

The news was revealed in the latest RICS Residential Market Survey, which said that momentum in the East Midlands housing market picked up in March, as buyer enquiries and agreed sales bounced back. Steve Gadsby, of Gadsby Nichols in Derby, said: “March saw improved market activity in terms
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Monster Energy deal part of evolving business model for NASCAR

NASCAR has had three title sponsors for its premier series: Winston (1971-2003), Nextel/Sprint (2004-16) and Monster Energy (2017-present). … The speculated $20 million value of the series deal devalued the team sponsorships that were more than that — why sponsor a team if a company can get the
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Brits fear a housing crash, but remain optimistic

New research published by property marketplace, TheHouseShop, has revealed that almost half of Brits (45%) believe there will be a housing crash in the next five years. Although house price rises have tempered somewhat over the past 12 months, a sizeable proportion of Brits still believe that we are
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Legal and General launches optional payment lifetime mortgage

OPLM combines the flexibility of residential monthly interest payments with the long-term security of a lifetime mortgage, as customers are able to stop paying interest at any time and remain in their home for the rest of their lives. It reflects the desire of more consumers wanting to pay the monthly interest
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International client win for MC2

Manchester-headquartered MC2 has secured a deal with Australian-listed trade and invoice finance provider Scottish Pacific. Scottish Pacific works with high-growth SMEs to help them enhance international buying power and improve working capital facilities. The business is headquartered in Sydney
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Feather River Bulletin Public Notices for the week of 4/11/18

The bulk sale is to be consummated on or after APRIL 30, 2017. This bulk sale is subject to Section 6106.2 of the Uniform Commercial Code of the State of California. Claims may be filed at CAL-SIERRA TITLE COMPANY; 295 MAIN STREET, QUINCY, CA 95971 on or before APRIL 27, 2017, which is
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4 Common Forms of Mortgage Fraud and How to Avoid Them

4 Common Forms of Mortgage Fraud and How to Avoid Them

While you may think you understand the homebuying process, predatory lenders and scam artists are constantly introducing new schemes that can threaten your financial future. Many of these scams target homebuyers who are about to close on their mortgages or may be struggling financially. Though
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Texas's Horrific Maternal Mortality Rate in 2012? It Wasn't Actually True

How was it that, in 2012, the maternal mortality rate in Texas reached a shocking 148 deaths—double the level from two years previously? That was the question many were asking in 2016, thanks to a study that purported to show just that. The study's authors found the spike puzzling, particularly as the
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Japanese, Chinese banks say rule changes may make their EU lending "unsustainable"

LONDON, April 11 (Reuters) – The Japanese Bankers Association (JBA) and the China Banking Association (CBA) have joined forces to challenge proposed European Union regulations aimed at policing possible market risk posed by foreign lenders doing business in the bloc. In a letter to the
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US dollar exchange rates on Wednesday

Abu Dhabi Islamic Bank (ADIB) is selling the US dollar at the highest rate on Wednesday morning at LE17.75, and buying at LE17.65. Banque du Caire is selling it at LE17.72 and buying it at LE17.62. The Arab African International Bank (AAIB) is selling the dollar at LE17.7 and buying at LE17.6.
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For Home Prices In London, Check The Tokyo Listings

In recent decades, house prices around the world have shown a growing tendency to move in the same direction at the same time. What accounts for this phenomenon, and what are the implications for the world economy? These are questions that IMF economists explore in Chapter 3 of the latest
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Bank of America Says It Will Stop Lending Money To Certain Gun Manufacturers

Bank of America will no longer lend money to gun manufacturers that make military-inspired firearms for civilian use. bank of america sign. Credit MoneyBlogNewz / Flickr / https://www.flickr.com/creativecommons/by-2.0/. In an interview with Bloomberg TV, Vice Chairwoman Anne Finucane said the bank
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Exclusive: Ripple Invests $25 Million in Blockchain Capital's $150 Million Venture Fund

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. Ripple, the fintech startup behind the XRP coin, made a $25 million investment in the form of its own cryptocurrency into a dedicated sidecar vehicle alongside Blockchain Capital's fourth venture
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When will Nashville's housing market slow down? Real estate pros weigh in

As part of our upcoming special report on residential real estate, featured in the next weekly edition of the Nashville Business Journal, we asked the executives we surveyed for our List of residential real estate firms: “When do you think Nashville's housing market will slow down? Do you think 2018 will
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Bank of America discloses new action against gunmakers

Bank of America plans to quit lending money to manufacturers of military-style guns sold for civilian use, a top executive said this week. Anne Finucane, whose roles include overseeing the company's environmental and social strategies, made the comment in a Bloomberg Television interview. “We want
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Ipco placement proceeds spent on working capital instead of real estate project

THE board of Ipco International said on Wednesday that most of the S$1.58 million raised from a share placement last year has been diverted to working capital instead of a real estate project as originally planned. The intended use of the placement proceeds was 50 per cent for the purchase of
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Exclusive: Japanese, Chinese Banks Say Rule Changes May Make Their EU Lending …

In a letter to the European Commission seen by Reuters, the JBA and CBA – which represent hundreds of lenders from both Asian economic powerhouses – said a draft proposal to compel foreign banks to bring EU operations under a single holding company threatened the commercial viability of their
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L&G launches optional payment lifetime mortgage

Legal & General has today launched a lifetime mortgage that gives customers the choice of paying monthly or waiting until they die or move into care. The firm's optional payment lifetime mortgage is aimed at those caught between traditional equity release and residential mortgages. An example is a
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Rare Coalition Bands Together to Fight Trump Tariffs

A rare coalition of business groups are banding together to fight President Donald Trump's proposed tariffs, arguing they will hurt U.S. consumers and the economy. Retail, agriculture, technology, manufacturing and other industries say the tariffs on $150 billion in Chinese goods are counterproductive to
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Why the EU Raided the London Offices of Rupert Murdoch's Fox Networks

The London offices of Rupert Murdoch's Fox Networks were raided by European Union antitrust regulators as part of a probe of the distribution of sports media rights. The inspections were carried out in several EU countries at companies related to broadcasting rights for various sports events, the
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Ellenbrook to lead Perth's small homes movement

A NEW movement in housing has been launched in Perth and developers say it's going to change the way we live. The future of housing has arrived in Ellenbrook where a new two storey home will go on the market for as little as $299,000. But there is a small catch – the block sizes have been shrunk to
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Ex-Speaker John Boehner Joins Marijuana Firm's Advisory Board

“We view this advocacy that we get from these two gentlemen as immensely positive for the industry,” said George Allen, Acreage's president. The two former Republican politicians join Acreage as current officeholders vacillate on their support for weed. President Donald Trump has gone back and forth,
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Construction Product; Tax Guideline Changes From Lenders

With this greater access to disposable income, Moody's predicts the tax changes will drive a modest positive for the performance of non-mortgage consumer credits—such as in the auto and credit card markets. …. “Carl joined Arch MI at its inception in 2014 as VP and National Accounts Manager…
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Alternative investtment lending platform Finitive launches with $1.3 billion commitment

Finitive LLC, a financial technology platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Finitive, which commenced operations in August 2017, has received commitments for transactions with an aggregate
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House Hunting in … Belize

Last year the Belize government raised the stamp tax on property sales by foreigner buyers from 5 percent to 8 percent of the sale price. Lawyer fees are typically about 2 to 4 percent of the sale price, Mr. Wrobel said. Agent fees are typically 6 to 8 percent of the price and paid by the seller, he said.
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Analysts See $0.36 EPS for Granite Point Mortgage Trust Inc. (GPMT); Last Week Avigilon (TSE …

Among 5 analysts covering Avigilon Corp (TSE:AVO), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Avigilon Corp had 16 analyst reports since July 31, 2015 according to SRatingsIntel. Scotia Capital maintained Avigilon Corporation (TSE:AVO) rating on Tuesday, November 29.
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Standard Bank Builds West African Presence With Bank Launch In Cote D'Ivoire

Standard Bank Builds West African Presence With Bank Launch In Cote D'Ivoire

Commenting on the launch, Stanbic Bank's CEO for Cote d'Ivoire, Herv Boyer said: 'We look forward to partnering with our clients in Cote d'Ivoire. Cote d'Ivoire vibrant financial services sector and competitive banking industry is an excellent launch pad for Standard Bank to expand its services and we
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Bank of America to stop lending to makers of assault-style weapons

(CNN/Meredith) — Some gun makers won't be able to use Bank of America's money to support their businesses anymore. Bank of America Vice Chair Anne Finucane told Bloomberg TV on Tuesday that the bank will no longer finance gun companies that manufacture assault-style weapons for public or
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Neighbors sad owners of Disney-style house are putting it up for sale

The house is anything but normal and it's officially on the housing market. The listing, public on Zillow, shows every room in the house decked out Disney style, including a Mickey Mouse kitchen to six bathrooms, including Tinkerbell flying above. Neighbors say it's what this family does for the holidays
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China Aiming for Shanghai-London Trading Link This Year

The new link will allow global investors to access China A-shares from outside Greater China for the first time and through international trading and settlement practices, said Nikhil Rathi, who runs London Stock Exchange Plc. Linking the mainland's capital markets with London is good news for the U.K.,
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Church of the Mediator pays off the mortgage

Renewed efforts lead to a 2009 Lighting Our Vision capital campaign and a loan from Horizon Bank for $250,000 which was the mortgage that was burned this Easter. Under the leadership since 2002 of the Rev. Paula Durren, church rector, the parish now has 68 families and can comfortably seat 165
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Who Owns KKO International SA. (EBR:ALKKO)?

In this analysis, my focus will be on developing a perspective on KKO International SA. … I will also like to check what insiders have been doing recently with their holdings. insider buying may be a sign of upbeat future expectations, however, selling doesn't necessarily mean the opposite as insiders may
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The Global Housing Crisis

A 2018 report on European real estate trends by PwC and the Urban Land Institute calls urbanization “perhaps the most significant influencer of real estate strategies in recent years.” In the United States, not just tech startups but established companies have been moving their headquarters to downtown
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Neat Capital Launches Corporate Home Loan Benefit Program

Neat Capital has launched its corporate home loan benefit platform, which provides participating companies with access to an employee home financing benefit to expedite talent acquisition, increase productivity through quick turn times, and reduce financing costs for their workforce. The platform is
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Fannie Mae's Jeffery Hayward Talks Affordable Housing, Millennials and Zoning

Few organizations have more influence over where Americans live than Fannie Mae, Freddie Mac and Ginnie Mae—the government-sponsored entities (GSEs) that secure residential mortgages. And few leaders at those institutions are more influential than Jeffery Hayward, the 30-year Fannie Mae
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The Pot Industry's Newest Spokesman? Republican Former Speaker of the House John Boehner

The Republican former Speaker of the House has joined the advisory board of Acreage Holdings, a company that cultivates, processes and dispenses cannabis in 11 U.S. states. Boehner's endorsement, after saying nine years ago he was “unalterably opposed” to legalization, could be considered a
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Bank of America will stop lending to gunmakers who craft 'military-style' rifles

(CNN) – Some gunmakers won't be able to use Bank of America's money to support their businesses any longer. Bank of America Vice Chair Anne Finucane told Bloomberg TV on Tuesday that the bank will no longer finance gun companies that manufacture “military-style” rifles for the public. The bank
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Airbus Has a Solution to 17-Hour Flight Hell: Beds in the Cargo Hold

Airlines may be getting skittish about putting pets in cargo holds…but what about people? Airbus (eadsy, +1.61%), the European plane-maker, has struck a deal with a company called Zodiac Aerospace to develop sleeper modules that can be swapped out with regular cargo containers on specific flights
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Apartments, condominiums power region's housing market: CMHC

Greater Victoria's strong housing market continues to spur development, especially for rental apartments and condominiums. “Housing starts in Metro Victoria appear to be moving in different directions with single-detached and apartment units diverging,” Braden Batch, Canada Mortgage and Housing
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Flamingo or Flamenco? 'Wheel of Fortune' flub goes viral

'Wheel of Fortune' contestant makes big mistake. Tamala Edwards reports during Action … WPVI. Wednesday, April 11, 2018 07:58AM. You may have seen a major flub on 'Wheel of Fortune' Monday night. … Eagles fans' favorite Wheel of Fortune puzzle of all time. From the March 5, 2018 episode.
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It's hiring season in banking. But can you actually find a job?

If you're thinking of finding a new banking job in 2018, the time to do so is, theoretically, now. After all, bonuses have been paid and hiring budgets approved. Banks have spaces to fill and for front office roles in particular, they usually like to do so before the year progresses too far and they have to pay a
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Real Estate to play 3S Artspace April 12 for its first show in NH

Real Estate will play their very first show in New Hampshire at 3S Artspace in Portsmouth at 8 p.m. Thursday, April 12. Founding member/songwriter/bassist Alex Bleeker caught up with EDGE to discuss some music, what the last 10 years of Real Estate have looked like, his affinity for New England, and
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Wheel of Misfortune: Man loses $7K after mispronouncing 'flamenco'

One Apex man wasn't so fortunate during his appearance on “Wheel of Fortune” Monday night. (WTVD). SHARE. share · tweet · share · email. WTVD. Wednesday, April 11, 2018 08:23AM. APEX, N.C. –. One man is being dubbed one of the worst Wheel of Fortune fails after a simple mispronunciation on
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Ventanex Named in 2018 HousingWire TECH100 List

THE COLONY, Texas, April 11, 2018 /PRNewswire/ — For the first time upon submission, HousingWire has recognized Ventanex, a provider in smart transaction technology, as one of the leading technology companies serving the mortgage industry. The HW TECH100 list honors the housing industry's
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UPS Study: Purchases From Marketplaces Nearly Universal; Retail Now Global As E-Commerce …

Online shoppers across the globe are buying from marketplaces and international retailers, relying more on digital devices and seeking alternate delivery options, according to the global UPS Pulse of the Online Shopper study. The study – which captured the changing behaviors and preferences of
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Before you buy land, know your rights

He further says one can get a title insurance, explaining that a title insurance is how we protect those rights against claims. When a property changes hands and a title insurance is purchased by or for the new owner, they are supposedly protected against wrong claims on their ownership rights.
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Outlook for the global housing market

Outlook for the global housing market

Gross new mortgage lending will rise in 2018 in 18 of the 22 markets covered in Fitch's Global Housing and Mortgage Outlook, but rates of increase will mostly be lower or unchanged from 2017. Demand for property remains strong, although refinancing volumes are slowing after borrowers locked in low
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According to this bank, the GTA housing market is finally over the “stress test hump”

On the surface, the GTA housing market seemed to have a rough month in March, as sales dropped 39.5 per cent year-over-year. But according to one economist, the market might have finally adjusted to the new mortgage stress test that came into effect earlier this year. “On the surface, [home sale
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Where Investors Can Find International Exposure

Over the past several weeks, Canadian investors who are holding equities either outside Canada (or Canadian equities with substantial investments outside the country) have seen the Canadian dollar rise in value, which has acted as a headwind for their investments. In spite of this, the returns for many
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Real Estate – April 11

Loreto M. and John M. Hornaday to Micah A. and Sarah L. Clark, 6142 N. Woodhaven Drive, McCordsville, $275,000. Randy Chandler to Irvin L. and Eva M. Bright, 1652 Sweetwater Lane, Greenfield, $100,000. Arbor Homes LLC to Randy W. and Barbara B. Greenwell, 6898 W. Cedarwood Circle,
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Hub International Introduces New Umbrella/Excess Risk Purchasing Group Insurance Program For …

CHICAGO, April 11, 2018 /PRNewswire/ — Hub International Limited (HUB), a leading global insurance brokerage, announced today the launch of SHIELD, a new umbrella/excess risk purchasing group insurance program, exclusive to HUB clients and prospects, to give commercial real estate and
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Jim Roby Appointed Director of SBA Lending at Pacific Mercantile Bank

COSTA MESA, Calif., April 11, 2018 (GLOBE NEWSWIRE) — Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that Jim Roby has been hired to lead the Bank's Small Business Administration (“SBA”) lending. As Senior
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Should You Buy Essilor International Société Anonyme (EPA:EI) At €113?

However, does this price actually reflect the true value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Essilor International Société Anonyme's outlook and value based on the most recent financial data to see if there are any catalysts for a price
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Alexion Pharmaceuticals buying Wilson Therapeutics for $1.1-billion

Alexion Pharmaceuticals has agreed to buy Sweden's Wilson Therapeutics for 7.1 billion Swedish crowns ($1.1-billion), boosting its lineup of rare disease drugs as a wave of deal-making in the biotechnology sector continues. The U.S. group is acquiring the business through a cash tender offer worth
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Does the Future of Indian Banking Lie in Chatbots?

The Indian banking industry has evolved ,gone are the days when one used to stand in the queue for hours (after taking a half day leave at work) to get their bank work done. Today, all of it is done through a tap on their phone, thanks to technology! Technology implementation in banking has helped
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Houston Home Market Posts Record Sales, Rental Activity in 2017

Despite both Hurricane Harvey and the lingering effects of the energy slump, year-end housing data from the Houston Association of Realtors revealed that the city's home sales and rental activity rose to record levels in 2017. Single-family home sales rose 2.4% over the course of the year, while sales of
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Bank lending up for 7 years in row

Jiji Press TOKYO (Jiji Press) — Bank lending grew 1.6 percent during fiscal 2017, which ended last month, marking the seventh consecutive year of growth, an industry group said Tuesday. The outstanding balance of loans at the 116 member banks of the Japanese Bankers Association came in at
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PBoC Governor Yi: Market to set future deposit and lending rates – Rabobank

Analysts at Rabobank point out that the new PBOC Governor Yi Gang, stated that China is going to allow the market to set future deposit and lending rates, as repo rates are now, and is also going to greatly open up the financial sector and remove foreign ownership caps on its banks and increase the
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Stephens Investment Management Group Decreased Its East West Bancorp (EWBC) Stake; Dynex …

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Analysts await East West Bancorp, Inc. (NASDAQ:EWBC) to report earnings on April, 18. They expect $1.00 EPS, up 13.64% or $0.12
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Mortgage Loan Rates, Applications Slipped Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 1.9% in the group's seasonally adjusted composite index for the week ending April 6. Mortgage loan rates fell last week on four of five loan types that the MBA tracks.
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12 cities where houses for rent are growing faster than apartments

As the housing market continues seeing higher home prices, strong demand and historically low mortgage rates, single-family rental inventory is growing … to become landlords as costs to rent continue rising, meaning homeowners are able to maintain the mortgage on their original house while perhaps
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Here are the key takeaways from Williamson, Inc's 2018 Trends Report

Boasting a 17-percent population increase over the past five years and a 2.2-percent unemployment rate, Williamson County's reputation as an economic powerhouse hasn't waned, according to the 2018 Trends Report. The report, released by the county's chamber of commerce, Williamson, Inc., shows
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Top Dalal Street voice says India Inc unbankable, investors must be discreet

Lending to corporates in India has never been a profitable activity. It was not so 20 years ago or 10 years ago, it is not so now. Whether the private sector banks do it or public sector banks do it, nobody really makes money by lending to corporates, says Saurabh Mukherjea, Chief Executive Officer, Ambit
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Bank Of America To Stop Lending To Some Gun Manufacturers

Bank Of America To Stop Lending To Some Gun Manufacturers. The bank's vice chair said it's going to stop lending to clients who make assault-style weapons for civilians to purchase. ShareTweetEmail · SMS
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What To Know Before Buying Stock? Natural Alternatives International, Inc. (NAII)

Natural Alternatives International, Inc. (NAII) received negative focus on shares in Tuesday Session. The stock has performed -0.45% and it registered share value at $10.95 in recent trade transaction. At present, the stock price sited at -9.88% from the 52 week high and situated at 21.67% from 52 week
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First home owner grants and the people's bank plan push house prices higher

The Reserve Bank of Australia must be dismayed at the policies from several state governments that have increased cash payments to first home buyers and propose a people's bank that, among other things, will make it easier for potential owner-occupiers to access credit and bid for a house. The last
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Nordea revamps prices to push mobile banking app

Nordea revamps prices to push mobile banking app

Finnish bank Nordea is to increase its charges for those customers who use online banking via a desktop computer and haven't downloaded their mobile app.
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Mortgage refinances fall to the lowest level in a decade amid lean and expensive spring housing …

Total mortgage application volume fell 1.9 percent, seasonally adjusted, from the previous week, according to the Mortgage Bankers Association. Volume was 5.5 percent lower than the same week one year ago. Refinancing led the way down. The share of those applications fell to the lowest level in 10
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Non-banking companies using UPI to get a Payments Council seat

This comes amid steady growth of UPI-based transactions and mushrooming of private companies on the UPI platform in partnership with banks. In a closed-door meeting on Tuesday, companies such as PhonePe, Paytm, Amazon Pay, Google, WhatsApp, Hike and Truecaller, along with the National
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Homeowners Are Carrying More Debt Thanks To Rising Home Prices, Mortgage Rates

For instance, Fannie Mae and Freddie Mac have been looking for ways to make homeownership cheaper — such as backing loans by lenders who pay down a buyer's student loans — and have made it easier for people who are self-employed to get mortgage loans. For a few years now they have both
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MBA: Mortgage apps decrease for second consecutive week

The adjustable-rate mortgage share of activity decreased from 6.5% last week to 6.3% of total applications. The Federal Housing Administration share of applications increased from 10.1% last week to 11% this week, and the Veterans Affairs' share of applications increased from 10.3% last week to
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Buy-to-let investors: here's how to beat the stricter mortgage rules

Thousands of buy-to-let landlords could be about to run into trouble remortgaging thanks to changes to lending restrictions. Last year the Prudential Regulation Authority (PRA), a branch of the Bank of England, tightened the rules banks and building societies must follow when assessing mortgage and
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Axis Bank board may have created the juiciest takeover target in the history of Indian banking

If that slippage wasn't enough to fill the board with buyer's remorse, news this month that the Reserve Bank of India has asked it to reconsider Sharma's reappointment was a plateful of eggs hurled straight at its face. Ultimately, though, Sharma gave the board an out when she said she wanted to leave
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Analysing your cases for profitable outcomes

For lenders with pre-2008 books, this is likely to be a big issue when considering claim viability. It's normally six years from the date of the mortgage advance to bring a professional negligence claim. Clearly for accounts pre-dating the crash, this time limit has gone. However, there are ways to extend this
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Global Real Estate Agency Software Market Outlook 2018-2022: iStaging, Snappii Apps …

Global Real Estate Agency Software Market The latest industry report that focuses on Real Estate Agency Software Market and gives a professional and in-depth Global Real Estate Agency Software market analysis and future prospects of Real Estate Agency Software market 2018. The analysis report
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Senate Banking Committee To Repeal CFPB's Auto Lending Rules

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau's (CFPB) indirect auto lending and leveraged lending rules. The rules were created to protect drivers who use indirect auto loans financed through a dealership, which are backed by banks. In March
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The wasteful spending at Fannie Mae and Freddie Mac must end

As the 10-year anniversary on Sept. 6, 2018 of placing Fannie Mae and Freddie Mac into conservatorship draws closer, it is long past time for meaningful reform and an end to the wasteful spending and lack of transparency that permeate the organizations. The Federal Housing Financial Agency (FHFA),
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Cryptocurrency Lending Platform Lavenir Announces Partnership with Merrill Lynch

Lavenir is one of the latest projects to hit the cryptocurrency world that launched its ICO on April 4. With the ICO price set at 1 Ethereum (ETH) being equal to 1000 Lavenir (LVR) tokens. Early investors are also able to receive a variety of bonuses through the ICO. It is a lending platform which aims to
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JPMorgan Abandon Volatility Trade on EUR/GBP but Others Eye Range Breakout

“Investors have been reassured that the UK will eventually agree a negotiated exit from the EU to include a 2Y transition period and that to all intents and purposes Brexit has been relegated as a secondary macro-economic driver for GBP,” says Paul Meggyesi, vice president of global currencies and
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Is the Banking System Up for Disruption?

In addition to corporations, governments have also begun to weigh in with measured approaches to integrate blockchain-based systems in their banking systems. Singapore, China and, very recently, the U.K.'s Bank of England have indicated their intentions to use blockchain on selected financial
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How UK real estate disruptor Purplebricks is staking its claim in the US

Four years ago, Purplebricks came onto the real estate scene in the UK with a unique proposition: instead of dealing with pricey commissions, home sellers who go with Purplebricks as their real estate agent only pay a fixed-rate fee of £849, regardless of whether their home is sold. The model has
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Pakistan talk on buying arms from Russia 'Wishful Thinking'

Last week, Pakistan's defence minister, Khurram Dastgir Khan, who was in Moscow for the International Security Conference, had told a Russian media outlet that Pakistan was in direct talks with the Russian Federation for the procurement of sophisticated military hardware, including air defence
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'Private school bump' sends parents hunting for second homes on the Upper East Side

Naturally, many international home-buying families are flocking to new residential developments in this area of the city, hoping to find the right international school for their children.” The opening of the Second Avenue subway has also increased the inventory of residences to choose from. City Realty
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Newport Wealth Strategies Inc. Buys Shares of 3132 Baxter International Inc (NYSE:BAX)

Several other institutional investors have also modified their holdings of BAX. Biltmore Family Office LLC acquired a new position in shares of Baxter International in the 4th quarter valued at $382,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of Baxter International by
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This 'Wheel Of Fortune' Contestant Lost Big After Mispronouncing His Solved Puzzle

Monday's Wheel of Fortune featured another heartbreaker, though it will probably remind many of a recent Jeopardy! failure due to how it happened. While finishing up what seemed to be an easy win for a cool $7,100 and special prize, contestant Jonny made the fatal mistake of mispronouncing the
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Chinese developers make a move on secondary property market in Hong Kong

Mainland investors' appetite for property in Hong Kong is showing no signs of abating despite sky-high prices and capital control measures. Since the second half of last year, deep-pocketed developers from the mainland have shifted from bidding for land to acquiring existing property. In March alone
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Ant Is Worth 50% More Than Goldman With $150 Billion Valuation

Ant Is Worth 50% More Than Goldman With $150 Billion Valuation

Ant Financial's latest round of funding, reported to involve Singapore's Temasek Holdings Pte, is said to value the Chinese provider of mobile payments at about $150 billion — 50 percent more than Goldman Sachs Group Inc.'s market capitalization. That would not only make Zhejiang Ant Small & Micro
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China Freezes Out Tencent, Toutiao Apps as Crackdown Widens

Beijing's latest campaign to sterilize the internet began Monday when it demanded a halt to downloads of a quartet of news apps run by Bytedance — known commonly by its main app, Toutiao — and Tencent Holdings Ltd., among others. Then came an order to shut Toutiao's “Neihan Duanzi,” a service
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Trump Cancels Peru Trip to Oversee Syria Response, White House Says

That news caused Trump to lash out at Mueller to reporters late Monday, describing the FBI raid as a criminal act and an “attack on our country.” Some of Trump's allies encouraged him to respond by firing Mueller, FBI Director Christopher Wray or Deputy Attorney General Rod Rosenstein, who is
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Eagle Home Mortgage partners with tech firm for digital loans

Another firm has entered the digital mortgage application space to provide a faster, more frictionless process. Eagle Home Mortgage, part of Lennar Corporation, has partnered with Silicon Valley tech firm Blend to launch Eagle Digital Mortgage.
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Trump Lawyer's Records Are Seized as Hush Money Questions Swirl

Michael Cohen, the president's personal attorney, began the week as an embattled fixer who had paid adult film star Stormy Daniels to keep silent about her claims of having had sex with Donald Trump more than a decade ago. By the end of the day Monday, Cohen faced an ominous future after the FBI
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Is the consideration of resale compromising residential design?

However, with the cost of real estate heading north, in line with the cost of building, it's not surprising that architectural briefs err on the side of caution. What is the market showing for a renovated house in the area? Which houses tend to fetch the highest prices? It's only natural that answers to these
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Payday Lending Trade Group Sues CFPB Over Obama-Era Rule

The regulation would require payday lenders to verify borrowers can afford the loan before lending money. It also caps the number of times a person can take out a payday loan in a row. It has already faced opposition from House and Senate Republicans who have introduced their own bills to stop the
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IT consultancy scoops 'worst gender pay gap' title

Also in a statement, the company said it had a “proud history of gender diversity,” as “one of our founding firms was dedicated to giving women the opportunity to work in IT.” But in committing to “work we must do” to boost its workforce diversity, Steria said it would launch a women-only IT conference and
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AmeriSave Leverages The Work Number® to Help Accelerate Mortgage Loan Originations …

ATLANTA, April 10, 2018 /PRNewswire/ — Equifax Inc. (NYSE: EFX), a global information solutions provider, announced that Atlanta-based, AmeriSave Mortgage Corporation, NMLS ID #1168 has realized a 15 percent improvement in mortgage origination efficiency through the use of The Work Number
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Waymo Takes a Page Out of Google's Android Playbook

When Google set out to tackle the smartphone market with its Android operating system, it picked off the more vulnerable subscale brands with little software expertise. Within three years, those phone makers had surged up the sales charts to become the biggest players. At the time of Android's launch in
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Mortgage Payments Up 13% This Year

Monthly mortgage payments have risen an average of nearly 13 percent nationwide over the last year—or an extra $168—as buyers grapple with both higher home prices and increasing mortgage rates, according to a realtor.com® analysis. Luxury buyers are feeling the worst sticker shock, paying
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Revealed: the hidden danger lurking in our property market

Trends across the March quarter showed that capital city home values were 0.9 per cent lower, while values across the regional markets actually tracked 1.1 per cent higher. … Both McGrath and the Real Estate Institute of NSW confirmed to me that you simply have to trust the agent to do the right thing.
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4 Hot Momentum Stocks for Impressive Returns

HFF, Inc. (HF – Free Report) is a leading provider of commercial real estate and capital market services to the U.S. commercial real estate industry. The stock has appreciated 74.4% in the past year and has a Momentum Score of B. You can get the rest of the stocks on this list by signing up now for your
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They remodeled a house to make their dream home, and Denver could force them out

Marvin Randall said he got a “clean title” when he bought the house in 2014 and when he refinanced in December. That decision to refinance is another headache for the Randalls. If the city forces them to sell for a price it sets using an affordable housing formula, the couple would owe about $43,000.
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PayPal Executive: We Aren't a Bank and We Have No Aspirations to Become a Bank

Brendler also notes that PayPal “planted its flag in the ground” as a non-bank when it sold its $5.8 billion in consumer loans to Synchrony Financial (SYF) late last year. They made it clear they didn't want debt on their balance sheet, selling it instead to Synchrony for them to manage. That makes it clear,
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Deutsche Bank's Traders Seek Clues on New CEO

The promotion of Christian Sewing, named overnight to replace Chief Executive Officer John Cryan, ended a chaotic two weeks for the lender, but it didn't resolve the key issue in the bank's strategy — how big a role it wants to play in global investment banking. Cryan had recently started a fresh review of
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Private school parents think they are 'buying' exam success for their children, teachers' leader says

Rising fees at independent schools mean that pushy parents believe they are “buying” success for their children, a teachers' leader has said. Dr Mary … Dr Bousted said that the demographic of privately educated children was changing, with international students now making up a sizeable proportion of
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Prosecutors: Backpage.com Made Millions in Prostitution Ads

The indictment alleges Backpage.com started to launder money a few years ago after banks raised concerns. The indictment alleged the site routed proceeds through unrelated entities, wire money into foreign banks and convert money into cryptocurrency. Lacey and Larkin are charged with facilitating
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Don't Blame Amazon for the Retail Apocalypse

The U.S. president has repeatedly attacked one of the most successful American companies ever, Amazon.com Inc. Several times he has taken to Twitter to excoriate the giant online retailer, … This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
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Five Things To Consider Before Buying Real Estate With A Self-Directed IRA

The Internal Revenue Service (“IRS”) permits retirement accounts, such as an IRA, to invest in real estate and other alternative types of investments. As a matter of fact, IRS rules permit one to invest retirement funds in almost any type of investment, aside generally from any investment involving a
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Toronto condo rents spike nearly 11 per cent as new mortgage rules take effect

Toronto condo rents spike nearly 11 per cent as new mortgage rules take effect

Rents for condominium apartments in the Toronto region jumped by almost 11 per cent in the first quarter this year as completions of new rental units slowed and more renters stayed put because they could not qualify to buy homes under Canada's new mortgage stress-test rules. Urbanation Inc., which
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Dubai's real estate market focuses on affordability

“Affordability” is the word that has predominated Dubai's real estate sector for Q1, 2018, according to the latest Real Estate Market Overview from JLL. Pointing to what it calls “toughening economic conditions”, the sector is still beset by negative sentiment, especially when it comes to office property.
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Facebook Co-Founder Says It's 'Shocking' the Company Didn't Have to Address Privacy Problems …

While Facebook CEO was preparing for his appearance before Congress over the Cambridge Analytica and “fake news” scandals, the company's co-founder has been wondering out loud why it took so long for Facebook's data-sharing practices to catch up with it. Chris Hughes, who worked with
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European bank gains stake in Turkish real estate firm

The European Bank for Reconstruction and Development Bank (EBRD) has acquired a 7.36-percent stake worth 102 million Turkish liras ($25.2 million) in Turkish real estate investment trust Akis, the bank announced on Tuesday. “The investment will support the development of environmentally friendly
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Hunt Mortgage Group Names New VP

With more than 15 years of industry experience, he specializes in Fannie Mae and Freddie Mac loans, having placed more than $2 billion of debt and equity across a wide range of capital sources. Valenzuela received his Bachelor of Science degree from Arizona State University. “The southwest is a rich
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Industry associations advise on post-trade risk reduction services

The International Securities Lending Association (ISLA), The International Swaps and Derivatives Association (ISDA), the European Banking Federation (EBF) and the International Capital Market Association (ICMA) have published a joint whitepaper on the benefits of post-trade risk reduction services
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Is Student Housing Influencing Property Development Trends?

In a recent article on Property Wire, Philip Hillman, international director of student housing at real estate provider JLL in Europe said, “The student accommodation sector has been transformed by a new generation of students who have grown accustomed to higher levels of serviced accommodation
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5 reasons to buy your dream home right now

Also, over the past one year, many government reforms and development trends have not only transformed the way Indian real estate business is conducted, but have also made the market more buyer-friendly. Moreover, home loan rates are hovering at around 8.3% currently. Then Akshay Tritiya is
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Semper Capital Management, LP Announces Launch of UCITS Fund Focused on Mortgage …

NEW YORK, April 10, 2018 /PRNewswire/ — Semper Capital Management, L.P., an independent New York City-based fixed income manager with a specific focus on structured credit, has formally announced the launch of the Semper Total Return Fund, a daily-dealing Irish-domiciled UCITS fund.
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MipTV: FremantleMedia Boards Working Title's 'Luminaries' For International Distribution

FremantleMedia International will handle international distribution on Working Title Television's adaptation of Man Booker prize-winning novel “The Luminaries,” the company announced Tuesday. Produced by Working Title Television in association with FremantleMedia International and Silver Reel
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Semele Freeman-Hall, Danielle Martell, Carla Merrill join Woodhouse Group Real Estate

Martell's real estate experience includes building custom homes, new construction, existing homes, rental property, restoration homes, mountain property, commercial and investment property. She holds a bachelor's degree in political science with an emphasis in public law from Boise State University.
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VW Plans to Replace CEO Mueller With Brand Chief Diess

The news poses more questions than it answers, as the company gave no details beyond a cryptic announcement earlier Tuesday that VW was considering a change in the CEO job. Chairman Hans Dieter Poetsch is leading the process and Mueller has “showed his general willingness to contribute to
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Former Lending Club CEO takes on the credit card industry

Upgrade, Inc. is announcing today at the LendItFintech USA conference a new consumer product named “Personal Credit Line.” The product is designed to combine the low cost, fixed rate and monthly amortization of personal loans with the flexibility and utility of lines of credit typically obtained through
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Sophomore housing website stops working for second time

The original housing sign-up day was moved after the website went down March 25. Any claimed rooms were erased, and all freshmen were provided their original random sign-up times after the first crash. Mary Janz, executive director of housing and residence life, said ORL tested the website April 4.
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3 ways parents can help grown kids own a home

Parents with cash to invest can become the mortgage lender, offering extra-easy terms, like no closing costs or no down payment. Heckman says they can charge a higher rate of interest on their money than it earns in a savings or money market account and still offer kids a lower-than-market mortgage
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Don't Believe These 5 Myths About the Gender Pay Gap

Today, April 10, 2018, is Equal Pay Day, the day that marks how far into 2018 the average American woman must continue to work in order to earn the same amount the average U.S. man made in 2017. Yet despite the fact that the gender pay gap now gets its own holiday—and remains a day-to-day
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While the World Cracks Down, Japan Emerges as a Crypto Haven

Japan's emergence as a global center for cryptocurrencies didn't start with open-minded lawmakers or prescient investments by the country's financial giants. Instead, it began with an American felon who arrived in the country looking for a fresh start. Roger Ver came to Japan in 2006 after getting out of
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The World Is Cracking Down on Bitcoin—Except Japan

But one country is sticking to its crypto-friendly policies: Japan. This week on Decrypted, Bloomberg Technology's Yuji Nakamura and Aki Ito take you to Tokyo to meet the unlikely characters who helped turn Japan into the world's premier bitcoin hub, including investor Roger Ver, a.k.a. Bitcoin Jesus.
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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant's practices in the auto insurance and mortgage lending realms. The fines, with an eye on abuses in those practices, could top hundreds of millions of dollars, according to
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Watch $7100 'Wheel of Fortune' prize evaporate when contestant mispronounces 'Flamenco'

On Monday, another Wheel of Fortune contestant experienced the pain of a nationally televised flub. With the puzzle “Flamenco dance lessons” completely revealed, all Jonny had to do to solve the puzzle was correctly pronounce all of the words in order to bank $7,100. Instead, he offered “flamingo
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Mortgage arrears: hard necks and hard cases still to be sorted

Mortgage arrears: hard necks and hard cases still to be sorted

Two things have happened since the crisis broke. There has been a steady reduction in the number of people in mortgage arrears as 120,000 loans have been restructured. But for a small group in long-term arrears it is going from bad to worse. Some 44 per cent of the loans counted as being in arrears
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North Texas home prices at record high in March

The median price of homes sold by real estate agents in the area was $260,000 – up 8 percent from a year ago. Median home prices in North Texas are now almost 90 percent higher than they were in March of 2009, according to data from the Real Estate Center at Texas A&M University and the North
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FirstClose announces enhanced integration with Ellie Mae's encompass digital mortgage solution

AUSTIN, TX (April 10, 2018) — FirstClose, a provider of technology solutions for mortgage lenders nationwide, announced an enhanced integration to deliver services through Ellie Mae's Encompass® digital mortgage solution. The seamless integration will allow lenders to order a wide variety of
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The Justice Department Is Going to Let Bayer Buy Monsanto. Here's Why It Matters

The U.S. Justice Department has just given Bayer permission to buy Monsanto in a $62.5 billion deal. The approval (with some conditions) was the last big hurdle for the deal, which has been in the works since May 2016. DOJ approval follows European Union approval in March and a “productive”
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Laura Ingraham Blasts the Left's 'Plot to Silence Conservatives' in Return to Fox News Show

On Monday night, the Fox News host returned to her show following a purportedly planned week-long vacation. She took the break soon after advertisers distanced themselves from The Ingraham Angle due to an Ingraham tweet that ridiculed Parkland shooting survivor David Hogg. On air, Ingraham
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Midwest Commercial Real Estate Hall of Fame: Berkadia's Laura Cathlina

She and fellow managing director Sharon Plattner are credited with arranging a nearly $1 billion Freddie Mac loan that made the purchase possible. It was, to be accurate, a very big deal: Cathlina was admitted to the Hall of Fame largely on the strength of helping the Chicago Berkadia office to one of its
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How to Operate a Healthcare Facility That Keeps Workers Happy

A strong purpose and a set of lived-out values are key features of the Best Workplaces in Healthcare & Biopharma. My organization, Great Place to Work, just published this year's list of these top workplaces in partnership with Fortune. At Texas Health Resources and the rest of the list winners, 88% of
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Preview: The Red Bulls look to turn around their fortune against Guadalajara

The New York Red Bulls suffered their first loss in the CONCACAF Champions League last week, falling 1-0 to a gritty Guadalajara team in Mexico. It was not the worst possible way to lose, but failing to get an away goal was a big blow to Jesse Marsch and his team. Now, the team has to put the defeat
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AutoGravity Expands Vehicle Financing Options to International Students Through a New …

IRVINE, Calif.–(BUSINESS WIRE)–AutoGravity, a FinTech pioneer that empowers car shoppers to buy and finance any new or used car in minutes from their smartphone, today announced a partnership with Westbon, the first lending platform for international students in the U.S. Through this unique
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Saudi SRC developing long-term sharia compliant schemes

Elie Chahwan, the chief financial officer at SRC, said: “We want to help create a robust financing structure for the local mortgage origination process so that real-estate financing businesses have the funding and support to continue doing business with affordable mortgage credit and ultimately help the
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Somewhat Positive News Coverage Somewhat Unlikely to Affect Investors Title (ITIC) Share Price

Press coverage about Investors Title (NASDAQ:ITIC) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1
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'We Corrected It.' HBO Says It's Eliminated Gender Pay Gaps on Its Shows

HBO's President of Programming, Casey Bloys, says HBO has fixed all of its gender pay disparity issues. In an interview with The Hollywood Reporter, Bloys said the Time's Up movement led to a systematic review of pay across all HBO shows. “We've proactively gone through all of our shows,” he
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Sessions Hotel needs tweaks to city agreement before finalizing bank loan

Funding for the complex project of repurposing and connecting three 100-year-old buildings includes a now $8.7 million loan, about $5.6 million in state and federal historic tax credits, a $1.8 million investment by the developers, five local investors who pledged $100,000 apiece and the revised $4.02
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Option Market Alert: Endurance International Group Holdings Inc Implied Price Swing Hits An …

No Risk Alert Here: Before we dive into any analysis we simply note that Endurance International Group Holdings Inc (NASDAQ:EIGI) risk is neither elevated nor depressed. We'll detail it below — but that's the lede — the option market is in a holding period with an IV30 of 46.43% versus the IV30 of the
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More than 14000 in mortgage arrears could lose their homes

At the end of 2016, almost four in 10 borrowers in long-term arrears had not engaged with their lender. “Durable restructures have been the prominent method for non-performing loan (NPL) mortgage resolution in Ireland. However, whilst the amount of late-stage arrears cases is decreasing, a significant
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Wheel of Fortune Contestant Misses $7000 After Mispronouncing 'Flamenco'

The Wheel of Fortune contestant lost out on $7,100 and a holiday to Europe after he mispronounced 'flamenco' as 'flamingo', confusing the Spanish dance with the exotic pink bird during Monday's show. Jonny was faced with a complete answer on the board, spelling out “Flamenco Dance Lessons.
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The legendary Emu Bottom Homestead, circa 1836, hits the market

EMU Bottom, believed to be Victoria's oldest homestead, is on the market for the first time in 50 years. Located at 410 Racecourse Rd, Sunbury, the 25ha allotment with three fully refurbished colonial-style buildings is a popular wedding and corporate functions venue. It is expected to sell between $5
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Best Rate Referral launches personal loan website

Best Rate Referral, a mortgage marketing firm, is getting into personal finance with a new online marketplace that provides consumers with free personal loan quotes from lenders. LoanAdvisor.com is designed to allow borrowers to easily compare rates and choose the best option. The site displays
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First American (FAF) Upgraded to “Buy” at Zacks Investment Research

Zacks Investment Research's price objective indicates a potential upside of 18.90% from the company's previous close. According to Zacks, “First American Financial Corporation provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The Title
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YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

Some say privacy concerns, censorship, and a coming ban on cryptocurrency ads are driving them away from the big names. By. Camila Russo. @CamiRusso More stories by Camila Russo. April 10, 2018, 2:00 AM PDT. From. Illustration: Joel Plosz for Bloomberg Businessweek. Peter “Furious Pete”
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