April Real Estate Dividend Stock Picks

April Real Estate Dividend Stock Picks

The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. During these times, companies such as Melcor Developments and Pure Multi-Family REIT generate high dividend
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Get Started: Lending environment little-changed this year

STABLE LENDING. The lending environment for small and mid-sized businesses has changed little this year compared with the end of 2017. That's according to a survey of 1,237 companies taken during the first quarter and released Monday by researchers at Pepperdine University's Graziadio School
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AirAsia X won't buy 'too expensive' Airbus A350: co-group CEO

SINGAPORE (Reuters) – Malaysia's AirAsia X Bhd (AIRX.KL) has no plans to buy the Airbus SE (AIR.PA) A350 widebody jet, the airline's co-group CEO said on Monday, despite the airline having 10 of them on order. A Scoot airplane takes off past an Airasia airplane at Changi Airport Terminal 4 in
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What We've Learned From Bank Earnings So Far

Rising interest rates typically hurt mortgage lending because home loans become more expensive, discouraging buyers. That held true during the first three months of the year, when the two largest U.S. home lenders started to feel the effects. At Wells Fargo, originations and applications for new loans
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Fannie Mae increases its second-quarter refi volume expectations

Fannie Mae increased its second-quarter mortgage origination projection by $7 billion as refinance volume is remaining stronger than previously expected. However, if the rhetoric over foreign trade ramps up, it is possible the U.S. could go into a recession and that would not be good news for housing.
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Raab's use of outdated and oversimplified evidence is foolhardy

In response to demands that he produce the evidence for his claims that immigration is driving up house prices, the housing minister has now published the calculations. Do they back up his argument? First it must be said that researching the drivers of house-price increases is fraught with difficulty as
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SWBC Mortgage Corporation's Loan Officers Named in Scotsman Guide Rankings

SAN ANTONIO–(BUSINESS WIRE)–SWBC Mortgage Corporation is excited to announce that six of its originators achieved national rankings across several key mortgage criteria by the Scotsman Guide. The mortgage loan officers were recognized among more than 3,000 entrants for their
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Makar Paseniuk: The IMF is not rescuing anyone. It's allowing Ukraine to buy time (part II)

We would not be able to justify it to ourselves or our investors, for example, when your IT person comes and says that your USD 1mn invested in bitcoins has been stolen? The infrastructure does not exist to meet the demands of international institutional investors who need facilities for saving, security,
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Cybercriminals Hijack Router DNS to Distribute Android Banking Trojan

In an ongoing malware campaign, Cybercriminals are hijacking DNS of “vulnerable and poorly secured” Router to Distribute Android Banking Trojan.
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BRIEF-Blue Ridge Bank Announces New President And Chief Banking Officer

BRIEF-Blue Ridge Bank Announces New President And Chief Banking Officer. Reuters Staff. 1 Min Read. April 16 (Reuters) – Blue Ridge Bankshares Inc: * BLUE RIDGE BANK ANNOUNCES NEW PRESIDENT AND CHIEF BANKING OFFICER Source text for Eikon: Further company coverage: (Reuters.
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Better Homes and Gardens Real Estate Enters Australia and New Zealand Through Strategic …

MADISON, N.J., April 16, 2018 /PRNewswire/ — Better Homes and Gardens® Real Estate LLC today announced it is entering Australia and New Zealand with master franchisor Charles Tarbey, Chairman, CT Investment Holdings Pty Ltd. This collaboration is a significant milestone in Better Homes and
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Colorado attorney disbarred

… since 2004 (Inactive) Disciplinary action: Disbarred as an imposition of reciprocal discipline on Feb. 22 Background: Kleinsmith was disbarred in Colorado after a hearing panel determined that he billed for and received payment from a client for services performed by a third-party title company, and
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Asia Joins Global Mega-Cities in League of Their Own

Based on a study of 44 cities and 40 advanced and emerging market economies, IMF researchers found growing house price synchronization worldwide, attributed to increased integration with global financial markets amid expansionary global monetary policy and improving world economic growth.
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Why Bank of America Earnings Hit a Record High

Bank of America Corp. (NYSE: BAC) reported first-quarter fiscal 2018 results before markets opened Monday morning. The big bank reported diluted earnings per share (EPS) of $0.62 on revenue of $23.1 billion. In the same period a year ago, it reported EPS of $0.45 on revenue of $22.2 billion.
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American Express Plenti Shopping Program Is Shuttering

American Express has decided to end its Plenti frequent shopper program. In a tweet on Monday, the company said that the Plenti program will cease to exist on July 10. Between now and then, users can continue to rack up their rewards when they buy products at participating retailers. As of July 10,
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Home values way up in El Paso County

It's spring, but more than dust is blowing into homes this windy season: Property appraisal notices are landing in mailboxes across the county. Overall, home values are up 7.6 percent the initial numbers show. “Countywide, we haven't really seen increases like this since 2008 before the housing crash,”
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Mortgage business now of minor importance at BofA

The once-mighty mortgage operation at Bank of America (NYSE:BAC) is now so small that results for Q1 (reported this morning) are lumped into “all other income” in the Consumer Banking unit. Back in Q1 2009, production revenue and servicing revenue were nearly $2B each. Taken together in Q4 of
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Procurement and The New Legal Buy/Sell Dynamic

Dr. Silvia Hodges Silverstein, Executive Director of the international legal procurement trade organization Buying Legal Council, told me that procurement is, “Buying smart. It's buying well. It's knowing who is good at what. It's about trading off reliance on traditional suppliers for new strategic partnerships.
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LenderLive Buys reQuire Holding LLCs

LenderLive Services LLC, headquartered in Denver, has acquired reQuire Holdings LLC, a Virginia Beach, Va.-based group of companies that provide compliance, quality assurance and valuation solutions for the residential and commercial real estate market. “The acquisition of reQuire strengthens our
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Mubadala Real Estate seeks JV partners and plans Abu Dhabi Reit

Mubadala Real Estate, the property division of Abu Dhabi's state investment fund Mubadala Investment Company, is in talks with potential joint venture partners to develop future projects, and plans to launch a real estate investment trust (Reit) as it prepares for an expected uptick in the UAE property
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Century 21 owner launches new real estate brand

Century 21 owner launches new real estate brand

“The reason for doing this is that I think it represents a different approach to listing and selling real estate than the traditional 'come and give me a house for sale and I'll take some photos of it and I'll put it on the Domains and I'll sell it'. This is more about a client relationship over a longer period of time,”
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Commercial loan market growing in Buffalo

If the results from Western New York's commercial lenders are any indication, the commercial loan market remained strong through 2017. Nearly every participant in this year's Business First Commercial Lenders List who took part in 2017 saw year-over-year gains in local loan portfolio value.
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Carillion collapse leads to drop in lending to commercial property sector

The construction sector usually sees an increase in lending and investment between December and January as new commercial building projects begin for the new year, said the report. Lendy said the collapse of Carillion, the biggest construction and outsourcing firm in the UK, created nervousness
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Manchester City sponsors Etisalat posted cringeworthy celebration video

Manchester City were crowned Premier League champions on Sunday following Manchester United's defeat to West Brom, but club sponsors Etisalat have been widely mocked for their cringeworthy celebration video. Shortly after City's title win was confirmed, telecommunication company Etisalat
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I own a house that my family live in – can I keep it and buy a flat?

Q I currently own a house in my hometown in which my mum and younger brother have lived since she separated from my stepdad. I bought the house in 2012 for £115,000, it's now worth £135,000 and there is £80,000 left on the mortgage. Originally I lived in the house and commuted but since my
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Merkel's Struggle to Gain Trump's Ear Leaves Berlin Sidelined

Merkel's stance on military action confirmed the negative view of Germany already held by Trump and his team, said Jan Techau, director of the Europe Program at the German Marshal Fund in Berlin. “The German chancellor stands for rationality and thoughtfulness: two characteristics which do not
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China's GDP Seen to Shrug Off Trump Threats

Bloomberg's Stephen Engle discusses China's GDP data. He speaks with Rishaad Salamat and Haidi Lun on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices Website
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WeWork Venture Pays $826 Million for London Offices

WeWork Cos. and two other companies paid about 580 million pounds ($826 million) for an office complex in the City of London district, two people with knowledge of the deal said. WeWork has begun purchasing buildings as it seeks to diversify its global portfolio of short-term co-working spaces, which
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Man Utd can guarantee Premier League title by signing one Chelsea star – Garth Crooks

Crooks even feels if United can follow up their raid of Chelsea for Nemanja Matic last summer with the addition of Willian, a title challenge will certainly be … “If so, Antonio Conte might as well give Mourinho the contact details of the company which engraves the Premier League trophy while he's at it.”.
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Facebook's Mark Zuckerberg to Meet With EU Digital Chief

Facebook Inc. co-founder Mark Zuckerberg is set to meet with one of the European Union's leading regulators this week amid calls on both sides of the Atlantic for more oversight of digital privacy. Zuckerberg last week testified to the U.S. Congress in the wake of revelations that millions of Facebook
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Banks' First Quarter Results Show Double-Digit Gains In Digital Banking Users

Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some cases, measured year over year. The headline numbers showed earnings beats for each of the banking heavy hitters.
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HomeSmart International acquires Mesa real estate firm

At almost 7,000 employees at 17 locations in Arizona, HomeSmart is the largest brokerage firm in the state, according to Real Trends 500. Widdows said HomeSmart will take over the existing office space with plans to upgrade its technology. 'We want them to continue to have consistency as they
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SetSchedule Celebrates Successful Rollout of Mobile App, 2000 New Members in March

SetSchedule's exclusive technology analyzes data through partnerships with title companies, along with data related to permit changes, taxes, and major life events, to identify homeowners who are highly likely to sell their houses within months. SetSchedule qualifies the leads and sends them directly to
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Commerce Blocks China's ZTE From Exporting Tech From US

The U.S. blocked Chinese telecommunications-gear maker ZTE Corp. from exporting sensitive technology from America, alleging the company made false statements to U.S. officials. The Commerce Department has determined ZTE made false statements to the Bureau of Industry and Security in 2016
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Mortgage bankers press public agencies on digital mortgage hurdles

The Mortgage Bankers Association is calling for Ginnie Mae, states, the Internal Revenue Service and other government agencies to overcome remaining digital mortgage challenges. The association is pushing Ginnie Mae to join other agencies in accepting electronic signatures, and for the Federal
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Billionaire real estate developer, NFL team owner: Getting fired was the best thing that happened …

Ross's first job in New York was with Laird, a securities brokerage firm. It didn't last long. “They were having problems, and I was released, if you will,” Ross said. He got a new job at Bear Stearns. That didn't work out either. At the investment bank, Ross clashed with a superior who didn't want Ross to
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Strong housing demand keeps builders optimistic in future

Builder confidence edged down slightly in April as supply places a strain on builders, however confidence in the future remains on solid ground as homebuyer demand continues to surge, according to the latest Housing Market Index from the National Association of Home Builders and Wells Fargo.
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Alexander and Siniard Named Among Scotsman Guide's Top VA and USDA Mortgage Originators

SAN ANTONIO–(BUSINESS WIRE)–SWBC Mortgage Corporation is proud to announce two of its loan officers, Jimmy Alexander and Shane Siniard, have been ranked on the Scotsman Guide's Top VA Volume and Top USDA Volume lists, respectively. Assistant Branch Manager and Senior Loan
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Why you should consider a career in real estate

Considering a career in real estate? George Morris, CEO and Lindsey Wardle, Director of Recruiting from Century 21 Everest Realty Group is here to explain why they are the group for you. “Century 21 is not about being average, it's about being exceptional.. With so much uncertainty, how fun would it
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A Fifth of the Money Spent By Donald Trump's Reelection Campaign Went to Legal Fees

President Donald Trump's reelection campaign continued to spend a sizable chunk of its money on legal fees in the first months of 2018, the continuation of a pattern that emerged last year. Trump's reelection campaign spent over $834, 000 on legal consulting fees in the first quarter of 2018, the three
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Facebook Photo-Scanning Suit Becomes Multibillion-Dollar Threat

Facebook Photo-Scanning Suit Becomes Multibillion-Dollar Threat

The last thing Facebook Inc. needs is another privacy headache — and it now has a big one. A federal judge ruled Monday that millions of the social network's users can proceed as a group with claims that its photo-scanning technology violated an Illinois law by gathering and storing biometric data
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Coinbase Buys Crypto Payments Firm, Gets First Technology Chief

Coinbase Inc. purchased Earn.com, a business that allows users to get paid in digital currency when they respond to emails and complete certain tasks. Earn.com co-founder and Chief Executive Officer Balaji Srinivasan, who was previously general partner at Andreessen Horowitz, will join Coinbase as
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Banking heir Matthew Mellon dies in rehab facility

Banking heir and cryptocurrency bigwig Matthew Mellon has died, a representative for his family said in a statement. Mellon, an early backer of global settlement network Ripple, was the ex-husband of Jimmy Choo guru Tamara Mellon and of designer Nicole Hanley, his second wife.
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Crowdfunding platform DiversyFund plans $50M investment in multifamily, commercial real estate

According to the company, it has already identified several initial investments for the fund, including a 58-unit multifamily housing project with 5,000 square feet of commercial space in San Diego's Hillcrest neighborhood and a 3-unit student rental property located near the University of San Diego.
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Google Occupies an Odd Role in Enforcing Privacy Laws. A Businessman's Landmark 'Right To Be …

Google lost a landmark, “right to be forgotten” case at the end of last week, with the High Court in London ruling that it had to delist from its search results articles relating to a businessman's past crimes. But the ruling does not put Google in a bad light, as such. Rather, it highlights that the company,
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Here's one of the most horrifying stats we've heard yet in the banking royal commission

Three-quarters of financial advice in Australia doesn't comply with the in the “best interest” of customers test, according to numbers compiled by the corporate watchdog ASIC. And the figures gets worse for setting up self-managed super funds, with 9 out 10 advisers not considering the best interests of
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Equilend opening new office in Dublin

The securities finance service provider already has offices in New York, London, Hong Kong and Toronto. Laurence Marshall, COO and head of EquiLend Europe, said: “EquiLend has chosen Ireland, subject to regulatory approval, to be the location for its new EU office, to ensure continued access to
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Building blocks for a housing recovery

There is a wearying familiarity to much of the current discussion around house prices and availability. … While the economy may have recovered, we are still living with the consequences of the financial crash and it is in our currently dysfunctional housing market where the post-crash effects are being felt
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The ECB wants Deutsche Bank to work out how much it would cost to quit investment banking

FRANKFURT (Reuters) – Deutsche Bank has been asked by European Central Bank supervisors to calculate the potential costs of winding down its investment banking operations, a source told Reuters on Sunday. Germany's biggest lender has been calculating the financial effects of a potential move to
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Shizuoka Bank conducts AI tests to enhance corporate lending services

Japan's financial services industry continues to be at the forefront of adoption of artificial intelligence (AI) solutions. Earlier today, Shizuoka Bank Ltd (TYO:8355) announced that it will conduct an experiment using AI technology in an effort to enhance its corporate lending services. The experiment will run
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LG Fortune 2 Lands On Cricket Wireless

LG has launched a new budget smartphone on Cricket Wireless, the LG Fortune 2. The handset will be available with the carrier for just $99.99. The handset comes with a 5 inch display with a HD resolution of 1280 x 720 pixels and it features a quad core processor clocked at 1.4GHz. The device has
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Manchester Money launches into regulated lending with new director

“Manchester has all the attributes and qualities you would expect from a major metropolitan city and I can think of no better team than Chris and Adele to help grow the brand”. London Money has appointed Chris Barker as director of Manchester Money – its new, directly authorised regional partnership.
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SEC opens probe into Guggenheim over real estate transactions

At issue for the SEC's enforcement division are three Los Angeles-based real estate transactions and a 2016 loan made by ABS Capital, which is owned by two Guggenheim alums, to BCBG Max Azria Group, The Wall Street Journal first reported, citing sources. The regulators are seeking documents
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Average homeowner earns enough by today to pay 2018 mortgage

“Ishaan Malhi, chief executive of online mortgage broker Trussle, says: “Mortgage Freedom Day is a great reminder of just how crucial it is to think about your mortgage. Some homeowners will probably be alarmed to find out how much of their working life is spent earning enough to pay for their home.”.
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IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

SALT LAKE CITY, Utah, April 16, 2018 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document
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Ephesoft Unveils Mortgage Smart Document Capture Platform

Ephesoft, developer of supervised machine learning-based document capture and analytics solutions, has announced availability of Ephesoft Transact for Mortgage. The new solution is a cloud-based modular platform pre-trained to recognize and classify more than 600 mortgage document types,
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New York's Commercial Property Market Comes Storming Back

Google's $2.4 billion purchase of the Chelsea Market building, one of the highest-priced office sales in the city's history, helped those numbers. But other large deals also closed, such as the $700 million acquisition of the 3.25-acre St. John's Terminal site by Oxford Properties Group and Canada Pension
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Tsipras Fights on All Fronts as Greece Is Back in the Spotlight

Consider what Greek Prime Minister Alexis Tsipras is up against. As Greece prepares to free itself from an eight-year European bailout, its 43 year-old premier is confronting challenges at home and abroad. On the domestic front: preparations for post-bailout economic life and the first general election
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International investors dominate Glasgow office market during record year

International investors ploughed £300m into Glasgow's office market in 2017, significantly outgunning domestic buyers during the city's busiest 12 months for office investment since the financial crash, according to property consultancy JLL. A total of £461 million was spent across 23 office deals in 2017,
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Home renovations lending at three-year low as investors slow, caution grows

Lending for home renovations dropped to its lowest level in three years in February as investors spent less on properties, affordability increased and concerns about growing debt levels likely acted as a further brake. Credit for housing alterations and additions dropped nearly 11 per cent to $337 million
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First Commercial LNG Cargo From US East Coast Hits the Seas

First Commercial LNG Cargo From US East Coast Hits the Seas

The first export of natural gas from the U.S. East Coast has set sail. Dominion Energy Inc.'s Cove Point terminal in Maryland shipped its first commercial cargo of liquefied natural gas Monday, officially bringing the total number of U.S. exporters of the super-chilled fuel to two. The company last week said
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Just Mortgages hires 100th self-employed broker in record month

Following growth of 500% in less than a year, Just Mortgages' self-employed division has now hit 100 brokers – an increase of 23% since the end of 2017. Last week, Just Mortgages held its second annual self-employed conference where more than 90 brokers gathered at The Belfry in Sutton Coldfield.
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Cornerstone Advisors' Report, “What's Going On In Banking,” Highlights Loan Growth as a Top …

With regards to lending technology, 29 percent of financial institutions want to modify or improve their consumer loan origination system and 34 percent want to improve their commercial loan origination system,” said Ron Shevlin, Director of Research at Cornerstone Advisors. “Modifying, improving or if
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Home Prices Up for 24th Consecutive Month

“Homebuyers shouldn't be discouraged by the record-breaking numbers—even with higher prices and closed transactions, this March marks the second-highest in sales in the history of the RE/MAX National Housing Report,” said RE/MAX CEO Adam Contos. “It's more important than ever to work with
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The FIVE food mistakes you're making at the supermarket that are costing you a fortune – and how …

With the cost of living continuing to soar, many are thinking about how to make their weekly grocery budget stretch just that little bit further. Making small savings when you go to the supermarket can make big a difference to your wallet, and there's no need to sacrifice your health either. From buying
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Real Time Economics: Fed No Longer Worries About Deflation | Currency Market Jitters | Idaho's …

The National Association of Home Builders housing market index for April is expected to hold steady at 70, reflecting a broadly upbeat outlook for the sector. The Minneapolis Fed's Neel Kashkari speaks at a “too big to fail” symposium at noon ET, and the Atlanta Fed's Raphael Bostic speaks on the
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Saudi Real Estate Development Fund Drops 'First Housing' Down Payment to 5 %

General Supervisor of the Real Estate Development Fund Khalid bin Mohammed Al-Amoudi announced that the down payment for the first housing has … appropriate financing solutions were adopted to find new solutions in partnership with banks and finance companies in obtaining mortgage loans by
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Stalled Mobility; Another Problem For The Housing Market

The real-estate market is a very important part of the economy and after a nice recovery there are a few cracks forming on the periphery. The real-estate market has been steadily recovering since late 2011. Back then, a slew of housing stocks and home prices bottomed and began turning higher after the
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Fresh fear lurking for global financial markets

Fresh fear is lurking in the global financial markets, according to Tom Elliott, international investment strategist at deVere Group. Elliott, whose comments come amid increased market volatility in recent weeks, said that the fear is not solely related to concerns of an impending trade war between the US
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Bank of America tops profit, revenue expectations

Bank of America Corp. said Monday that first-quarter profit rose, continuing the string of better-than-expected earnings from the nation's biggest banks. Quarterly profit at the Charlotte, N.C.-based bank was $6.92 billion, compared with $5.34 billion a year ago. Per-share earnings were 62 cents; analysts
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Why Fundamenta Real Estate AG's (BRN:FREN) Ownership Structure Is Important

Today, I will be analyzing Fundamenta Real Estate AG's (BRSE:FREN) recent ownership structure, an important but not-so-popular subject among individual investors. The impact of a company's ownership structure affects both its short- and long-term performance. If an activist institution invests the
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AIM Favorite Real Estate Dividend Stocks

The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. During these times, companies such as Property Franchise Group and Belvoir Lettings generate high dividend income
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Numsa calls Fortune Steel to shut down after 7 workers injured in explosion

The National Union of Mineworkers of South Africa (Numsa) wants a total shutdown at Fortune Steel in Ekhurhuleni where seven workers were hurt in an explosion over the weekend. The scrap smelting firm, part of an Indian-based steel company, allegedly refused to call an ambulance to transport
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Market Now: Realty stocks rise; IB Real Estate zooms 7%

NEW DELHI: Buoyed by gains in Indiabulls Real Estate (up 6.67 per cent), Prestige Estates Projects (up 2.10 per cent) and DLF (up 1.83 per cent), Nifty Realty … Shares of Oberoi Realty (up 1.03 per cent), Housing Development & Infrastructure (up 0.60 per cent), Godrej Properties (up 0.15 per cent) and
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Gaming and Leisure Properties, Inc. Announces Acquisition of the Real Estate Assets of Tropicana …

WYOMISSING, Pa., April 16, 2018 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (Nasdaq:GLPI) (“GLPI” or the “Company”) today announced that it has entered into a definitive agreement to acquire the real estate assets of six casino properties from Tropicana Entertainment for $1.21
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Aramco Accounts Show Expanding Refining Business Lagged Big Oil

During the price crash of 2014 to 2017, Big Oil weathered the storm thanks to what the industry calls downstream. Margins from refining, petrochemicals and fuel stations shone as crude got cheaper, bringing in profits that helped sustain companies including Exxon Mobil Corp., Royal Dutch Shell Plc
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MNB sees sustainable lending growth ahead

Following the financial crisis in 2008, credit lending collapsed, recalled Pleschinger, cited by current affairs news portal hvg.hu. Since then, measures taken by the MNB have gradually led to an easing of lending conditions by banks, and corporate and retail credit has started to grow. Retail lending has
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10 Most Affordable Cities for the Fastest-Growing Careers: Is Your Job on This Lucky List?

When it comes to winning the real-world Game of Life, there are a pair of treasured action cards everyone is eager to play. One is “Get a great new career”; the other is “Buy the home of your dreams.” For most of us, they're a critical one-two combo. Homeownership is one of the reasons we shell out
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ValuEngine Downgrades AGNC Investment (NASDAQ:AGNC) to Hold

AGNC Investment (NASDAQ:AGNC) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Friday, April 6th. A number of other equities analysts also recently weighed in on AGNC. BidaskClub upgraded shares of AGNC
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Numsa calls for shutdown of Nigel steel plant after blast

The National Union of Metalworkers of South Africa has called for the shutdown of Fortune Steel in Nigel, outside Gauteng, following workplace injuries on Saturday night. In a media statement the trade union said that at least seven workers were injured when a furnace exploded. Numsa spokesperson
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Bank of Canada Expected to Hold Rate Steady as It Waits for Nafta News

Bank of Canada Expected to Hold Rate Steady as It Waits for Nafta News

Canada's gross domestic product contracted slightly in January and home sales slowed during the first quarter of 2018, as prospective buyers faced higher interest rates and tougher mortgage-financing rules. Meanwhile, the labor market lost about 40,000 jobs in the first quarter and non-energy exports
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Barclays Is Sounding Out Clients About Trading Crypto

For now, a few big Wall Street firms let customers bet on Bitcoin through futures contracts offered by CME Group Inc. and Cboe Global Markets Inc., though such investments can be expensive, undercutting returns. Additionally, some banks have demanded clients set aside collateral equal to 100 percent
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Is Buying VASCO Data Security International, Inc. (VDSI) Here a Winning Strategy?

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.11, from 1.16 in 2017Q3. It turned negative, as 12 investors sold VASCO Data Security International, Inc. shares while 47 reduced holdings. 23 funds opened positions while 39 raised stakes. 20.10 million shares or 0.93% less from 20.29
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Housing market revival continued in March outside Auckland

The housing market continued to revive in March with annual house price inflation, excluding Auckland, reaching 7.2%, up from the 6.9% pace in the year ended February. House prices in Auckland rose 0.4% in the month of March, a step down from the 1.4% increase in February, taking the annual
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Fannie Mae predicts strong economic growth despite mounting risks

Even as downside risks mount, Fannie Mae continues to predict strong economic growth for 2018, according to its Economic and Strategic Research Group's April 2018 Economic and Housing Outlook report. Fannie Mae predicts full-year economic growth for 2018 will come in at 2.7%. While it explained
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Mansion Global Daily: Statement Staircases, Dubai Price Drops, and More

Analysts say that rather than showing signs of a bubble, Hong Kong's booming housing market will continue to grow and should see prices increase by around 10% this year. “The residential property market is not in a critical stage yet,” said a researcher for Colliers International Hong Kong. “We cannot
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Trump Legal Battle Over Cohen Raid Heads to Court

Bloomberg's Greg Farrell discusses the ongoing legal fight over material seized from the office of President Trump's longtime lawyer Michael Cohen. He speaks on “Bloomberg Markets: Balance of Power.” (Source: Bloomberg). RELATED ARTICLES. Judge Slows U.S. Review of Trump Lawyer's
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Eli Manning sells home for highest price in Hoboken history

Eli Manning hasn't lost his touch. The Giants' starting quarterback sold his waterfront home in Hoboken, NJ, for $3.55 million — the most expensive price anyone has ever paid for a condo or townhouse in the city's history, says a Douglas Elliman spokesman. The second most expensive residential sale
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Real estate developer Jerry Trooien joins Senate race

The race for Al Franken's former Senate seat added another candidate Monday. Real estate developer Jerry Trooien announced a bid for the Senate seat now held by Tina Smith. Trooien, 70, is running as an independent and campaigning against what he described as the political dysfunction of the
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New Research Shows Industrial Vacancies Reaching Record Lows

IRVINE, Calif. and SILICON VALLEY, Calif., April 16, 2018 /PRNewswire/ — Ten-X Commercial, the nation's leading online and only end-to-end transaction platform for commercial real estate, today released its latest U.S. Industrial Market Outlook, including the top five “Buy” and “Sell” markets for
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PowerLoan ICO (POWL Token): Crypto Lending Rewards MLM?

With the rise of the cryptocurrency market in 2017, many new companies are appearing and a niche that is almost oversaturated in the last few months is the loan niche. Taking their business model from the High Yield Investment Programs (HYIPs) these cryptocurrency loan companies use the
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Los Angeles Mayor, Eyeing National Stage, Takes On Homelessness

Days after visiting the presidential hopeful's promised land of Iowa, Los Angeles Mayor Eric Garcetti laid out ambitious plans to tackle one of his city's most visible and vexing problems: the tens of thousands of Angelenos without permanent places to live or sleep. Eric Garcetti. Photographer: Andrew
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Sweden's Intrum close to deal for Intesa's bad loan unit – sources

Sources have said in the past that Intrum was set to buy 51 percent of Intesa's bad loan unit, with the Italian bank keeping the rest. … Such risky assets, which normally yield double-digit returns, are high on the radar of international investors who have also been snapping up Italian debt collection firms.
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HousingWire's Weekly Newscast #3

Episode #3 of HousingWire's weekly newscast features Editor-in-Chief Jacob Gaffney chats with HW reporter Kelsey Ramirez about Bank of America's earnings, Zillow's move into home buying and home selling. Plus, Managing Editor Sarah Wheeler reports live from MBA Tech. HousingWire
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National Industrial & Logistics Summit Midwest

Join us for our Second Annual Industrial event in Chicago on August 1st as we dive deeper into trends, outlooks and what the future holds for commercial real estates hottest sector. Please send event questions and topic/speaker recommendations to Kim Pomerenk at Kim.Pomerenk@bisnow.com.
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Foundation Home Loans enhances broker portal

Jeff Knight, director of marketing at Foundation Home Loans, said: “Having listened to feedback from the pool of brokers we currently work with, we have taken the initiative and upgraded our portal to better suit those engaging with it. “The improvements ensure brokers have a far better overall view of
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MLB Prospect Sues Lending Firm For "Unconscionable" And "Exploitative" Behavior

Big League Advance Fund is a company owned by former MLB pitcher Michael Schwimer. The company, of which Browns President Paul DePodesta is a board member, is apparently in the business of seeking out up-and-coming baseball prospects and paying them a chunk of money up front in
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Russia Steps Up Hacking, Spurring Rare US-UK Warning on Risk

Russia is using compromised computer-network equipment to attack U.S. and British companies and government agencies, the two countries warned in an unprecedented joint alert. The warning on Monday came from the U.S. Department of Homeland Security and Federal Bureau of Investigation and
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Oracle Co-CEO Tells Trump Pentagon Cloud Plan Makes 'No Sense'

The Redwood City, California-based company was a late entrant to the cloud, and has continued to face stiff competition from rivals including Amazon.com Inc., Microsoft Corp. and Salesforce.com Inc., all of which have continued to boost their internet-based software offerings. Catz said the company's
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Eldorado Resorts, Inc.

On April 15, 2018, Eldorado Resorts, Inc., a Nevada corporation (the “Company”), Elgin Holdings I LLC, a Delaware limited liability company and a direct ….. (vi) Each of the Sellers and the Buyer Purchasing Subsidiaries shall deliver evidence reasonably satisfactory to the Title Company regarding due
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Illinois political climate impacting real estate industry

Illinois political climate impacting real estate industry

Tony McCombie, who also works as a Realtor for Mel Foster Co. and a real estate appraiser, said common complaints about Illinois' government can deter potential home buyers especially when they could live across the border in Iowa, Wisconsin or Indiana. “In Illinois, we are our worst own enemy.
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Acacia Plunges After US Bans Component Sales to China's ZTE

Acacia Communications Inc. plunged after the U.S. banned American companies from selling components to China-based ZTE Corp. for seven years. Bloomberg's David Wilson reports on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All
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NY mortgage regulator warns rent-to-own could be predatory lending

The New York State Department of Financial Services is warning that alternative home purchase finance agreements might be a cover for predatory mortgage lending practices by unlicensed entities. Consumers who had problems obtaining mortgage financing have been turning to alternatives like
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“Rampage” lives up to its title, for better or worse

The main villains are the heads of a genetics company who performed DNA editing experiments secretly in space. The fruits of their labor crash-land on Earth, changing George, a wolf and a crocodile into gigantic, rage-fueled monsters. The heads of the genetics company are insufferable, played so
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SpaceX and NASA Delay Launch of Planet-Hunting Satellite TESS

SpaceX and NASA have delayed a major satellite launch. The Elon Musk-led aerospace company said Monday that it had postponed a scheduled Monday launch because it must conduct additional testing related to the mission's guidance, navigation, and control systems. SpaceX did not elaborate
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LaSalle closes latest Asia opportunity real estate fund at $1.15 billion

LaSalle Investment Management closed the LaSalle Asia Opportunity Fund V, a closed-end, Pan-Asian opportunistic real estate fund, at $1.15 billion, a spokesman said. The total exceeds the fund's $750 million target. The fund seeks to take “advantage of mispriced assets with opportunities to add
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Congress could give bank shareholders a $53 billion gift

If the House follows suit, banks that already have enough cash will be able to celebrate by paying fatter dividends and share buybacks. Freed from the enhanced regulations, these lenders could ramp up shareholder payouts by as much as $53 billion altogether, according to S&P Global Market
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Builders optimism sliding

The average rate on 30-year, fixed-rate mortgages edged up to 4.42 per cent, mortgage buyer Freddie Mac reported Thursday. Rates have ticked steadily higher ahead of the traditional spring home buying season which is just now beginning to ramp up. While the National Association of Realtors
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Deutsche Bank ordered to calculate cost of investment banking EXIT

Deutsche Bank has been looking into the financial implications of quitting investment banking for some time and the bank's chief financial officer suggested Deutsche is the first in the queue for the ECB. The point of the exercise is to estimate how the value of Deutsche Bank's capital market and
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BBVA Colombia Secures $150 Million USD Loan from IFC to Put Toward Housing Finance in …

BBVA Colombia has secured a $150 million USD loan from the International Finance Corporation (IFC) that will be in turn put toward financing housing loans within the Andean country. IFC, which is part of the World Bank Group, said that the financing has the ability to help contribute to both the housing
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Investors Title Company (ITIC) Forms Ascending Triangle at $196.20

Livingston Gp Asset (Operating As Southport Capital Management) owns 0.49% invested in Investors Title Company (NASDAQ:ITIC) for 6,449 shs. Whittier Tru … Trading at $196.20 Investors Title Company (ITIC) formed triangle with $190.31 price target or 3.00 % below today's price. The stock has
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Oppose SJ Res. 57, the CRA Resolution of Disapproval on Auto Lending Guidance

The CFPB is the first and only regulator to directly address this discrimination by focusing on its underlying cause: dealer interest rate markups, in which car dealers receive a substantial bonus from lenders for increasing the interest rate on car loans, going above the rates for which borrowers otherwise
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Small business lending environment has changed little this year

The lending environment for small and mid-sized businesses has changed little this year compared with the end of 2017. That's according to a survey of 1,237 companies taken during the first quarter and released Monday by researchers at Pepperdine University's Graziadio School of Business and
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Homebuilder sentiment slips in April due to pressure from tariffs and rising prices

The nation's homebuilders should be ecstatic about their market. Demand is high and supply is painfully low. Builder confidence, however, is slipping, as costs for materials rise. A monthly index of builder sentiment from the National Association of Home Builders fell 1 point to 69 in April. That is the
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6 investigates: Mortgage company withholds Hurricane Harvey insurance money

TWIA sent a check for the agreed amount. When it arrived, the check required that Kendrick receive an endorsement from his mortgage company – Selene Finance, out of Houston. But instead of endorsing it, Selene Finance asked Kendrick to sign over the check because it had an interest in the property
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Trump Nominates Rich Clarida to Become Fed Vice Chair

Bloomberg's Mike McKee discusses the nomination of Rich Clarida to become the vice chairman of the Federal Reserve. He speaks on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise
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BofA Shows Upside on Further Cost Cuts, Analyst Says

Steven Chubak, Instinet bank analyst, discusses first-quarter results from Bank of America. He speaks with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.” (Source: Bloomberg). RELATED ARTICLES. What We've Learned From Bank Earnings So Far · BofA Shares Drop With Wall Street
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BlackRock CEO Larry Fink Is Now a Billionaire

BlackRock Chief Executive Officer Larry Fink's personal fortune has at last eclipsed $1 billion, according to the Bloomberg Billionaires Index. Bloomberg's Erik Schatzker reports on “Bloomberg Markets.” (Source: Bloomberg). RELATED ARTICLES. Wall Street's $6 Trillion Man Fink Is Finally Worth $1
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Nike's Head of Diversity Leaves During Review of Corporate Culture

“We are committed to evolving our culture and making Nike an environment focused on respect, equality, inclusion and empowerment,” Monique Matheson, who became chief human resources officer in July, said in a memo to employees earlier this month that was obtained by Bloomberg News.
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Investors Title Company (ITIC) Is Forming Bearish Ascending Triangle Chart Pattern at $196.20

Investors Title Company (ITIC) Is Forming Bearish Ascending Triangle Chart Pattern at $196.20. April 16 … 2 investors sold all, 20 reduced holdings as Investors Title Company ratio increased. … Wells Fargo Company Mn holds 0% of its capital in Investors Title Company (NASDAQ:ITIC) for 37,173 shs.
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Commentary: #DeleteFacebook Is Just the Beginning. Here's the Movement We Could See Next

Commentary: #DeleteFacebook Is Just the Beginning. Here's the Movement We Could See Next

A few years ago, you may remember seeing Facebook (fb, +0.40%) posts like this dotting your newsfeed. “Today, November 30, 2014 in response to the Facebook guidelines and under articles L.111, 112 and 113 of the code of intellectual property, I declare that my rights are attached to all my personal
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Real estate daily market update: April 16, 2018

The average rate you'll pay for a 30-year fixed mortgage is 4.35 percent, an increase of 6 basis points over the last week. A month ago, the average rate on a 30-year fixed mortgage was lower, at 4.30 percent. The average 15-year fixed-mortgage rate is 3.75 percent, up 7 basis points over the last week.
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Apollo Commercial Real Estate Finance, Inc. (ARI): Intraday Financial Mover:

Apollo Commercial Real Estate Finance, Inc. (ARI):. Active investor focuses on important indicators those changes daily in trading session that includes where the Apollo Commercial Real Estate Finance, Inc. stock price change moved UP, DOWN or UNCHNAGE? What is market trading price of stock?
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When investment banking doesn't pay

Everyone insists it's a routine request, but the timing couldn't be more awkward. Over the weekend, it was reported that the European Central Bank asked Deutsche Bank a few months back to calculate what the damage would be if it pulled out of investment banking for good. Deutsche was the first major
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Missoula realtor recognized for work in grant program for down payments

For her work, Lapham earned the corporation's Top Producer Award last year and received this year's Realtor's Choice Lender Award from the Missoula Organization of Realtors. A 17-year veteran in the mortgage lending industry, Lapham has connected qualified clients with outside resources when
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Mortgage Rates Back to Unchanged After Starting Higher

Mortgage rates began the day at higher levels, as bond markets lost ground overnight. Bonds dictate rates, and “losing ground” means bond prices are falling. When bond prices fall, rates move higher. There's some chatter in the marketplace about developments in Syria being the motivation for every
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Wintrust Financial Corporation Reports Record First Quarter 2018 Net Income, an Increase of 40 …

Veterans First will continue to assist us in growing our mortgage banking business with opportunities to expand in both size and delivery channels. Mortgage loan origination volumes in the first quarter of 2018 declined to $779 million from $879 million in the fourth quarter of 2017 as a result of the recent
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Young Black Professionals, HBCU Students Join Movement for Homeownership, Financial Education

(TriceEdneyWire.com) – The housing crisis that caused more than nine million people to suffer foreclosure and even homelessness due to the economic slump across the U. S. 10 years ago, has now fully recovered for everyone – except people of color – especially African-Americans. “Black people are
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SpaceX Will Build Its Big Falcon Rocket in Los Angeles

SpaceX will start production of the Big Falcon Rocket in the Port of Los Angeles, according to L.A. Mayor Eric Garcetti. The mayor confirmed the company's plans with a tweet regarding his “State of the City” address. The Port of L.A. and SpaceX entered into preliminary negotiations on a lease agreement
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Corporate Lending – Evolving Cash Flow Based Lending

Once past that it is a lengthy summary of corporate lending and how that may be shifting to more reliance upon working capital credit, or cash flow lending as described. According to RBI quarterly data of December 2017, the gross bank credit to industry (Micro & Small, Medium & Large) was Rs.26.34
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Asian consumers love digital banking — here's why Americans are less excited about it

If you want to see what your relationship with your bank will look like in a few years, look to the East. Consumers in Asia are rapidly using mobile banking for more services, making visits to a physical bank branch rare. In fact, visits to bank branches make up just 10% to 25% of monthly transactions in
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Condemned Fremont Home Sold For $1.23 Million

FREMONT (CBS SF) – A home in Fremont that has been condemned was recently sold for seven-figures, another sign that the Bay Area's housing market shows little sign of cooling off. According to the listing posted on Redfin, the home on Bruce Drive in the city's Cameron Hills neighborhood sold for
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Consumer groups oppose Senate repeal of CFPB auto lending rules

Sixty-four consumer groups are speaking out against a Senate measure, expected to be voted on this week, that would overturn the Consumer Financial Protection Bureau's 2013 regulation on discriminatory pricing by auto lenders. The Senate is expected to vote as early as Tuesday on legislation
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Yonkers: Tuesday 4/17 Analysis

(1) KRONWALL ran his heart out in the series last week but could not hold off the charge of tough Freddie Mac. Trotter now moves to the fence where he figures to be prominent from the start once again. (6) ICANFLYLIKEANANGEL did not have the best of trips but nobody was going to catch the winner
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How to sustain the growth of China's securitization market

… with the majority (61%) contributed by the US government agencies, including Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) and Government National Mortgage Association (Ginnie Mae). Auto ABS provided funding amounting to 71%
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Dallas-Fort Worth retail real estate market tightening, projects sidelined, report says

Dallas-Fort Worth's retail real estate market is strong, with high net absorption and heavily pre-leased deliveries causing occupancy to rise to an all-time high. Occupancy and rental rates, however, are expected to level off in the short-term as construction starts slow and completions take longer to come
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SunTrust becomes latest bank to roll out digital mortgage platform

SunTrust's move comes on the heels of Bank of America announcing last week that it is launching a digital mortgage platform of its own, and following the digital mortgage platform launches of Wells Fargo, JPMorgan Chase, CitiMortgage, Caliber Home Loans, United Wholesale Mortgage, Guild
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AGNC Investment: Is This 11.6%-Yielding Mortgage REIT A Buy Right Now?

AGNC Investment Corp. (AGNC) looks appealing as a high-yield income play in the mortgage REIT sector. AGNC Investment Corp.'s shares are now priced at a larger discount to accounting book value, and investors buying today benefit from a dividend yield in excess of eleven percent.
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Kendrick Lamar Becomes the First Rapper to Win the Pulitzer Music Prize

Kendrick Lamar won the 2018 Pulitzer Prize in music for his album DAMN., making him the first non-jazz or classical artist to win the prize. The awards were announced on Monday, with the Pulitzer Prize board calling the album “a virtuosic song collection unified by its vernacular authenticity and
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How Phoenix's Real Estate Market Is Fairing 10 Years After Housing Crisis

How Phoenix's Real Estate Market Is Fairing 10 Years After Housing Crisis … Facebook Twitter Tumblr Instagram. Phoenix was among the cities hit hardest by the mortgage and foreclosure crisis. Ten years later, the city and its real estate market have rebounded, but no one has forgotten. Facebook
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Commercial Real Estate Market in DFW in 2018

Commercial Real Estate Market in DFW in 2018

A hot real estate market has helped lease up shopping centers throughout the DFW region, with over 90 percent occupancy rate. This is the second highest occupancy rate in more than three decades. Bob Young, an executive managing director at Dallas-based Weitzman, which recently unveiled its
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Skelos attorneys: Glenwood official may have committed perjury

“There is strong evidence that Dorego received hundreds of thousands of dollars in kickbacks for steering Glenwood's title insurance work to companies controlled by Steven Swarzman, another potential government witness,” the Skeloses attorneys write. “When Dorego was asked at trial whether
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Estée Lauder Adds 2 Women CEOs to Its Board As It Nears Gender Parity

At 17 directors, the size of Estée Lauder's newly-expanded board far exceeds the average 10.9 directors among Fortune 500 companies, according to Equilar analysis. Lauder says that's due to the closely-held nature of the family-controlled company: there are four Lauders on the board. “We need to
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Virtually all banking web apps are vulnerable to hackers, study finds

Using a computer today feels a bit like walking through a minefield, at least when we are using them to access or share personal and sensitive information. That is particularly true for our financial information, where the wrong person getting access to our data could mean a whole lot of pain. According to
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HSBC announces private banking shake-up

HSBC has shaken up the leadership and structure of its scandal-plagued private banking operation in the first move by John Flint, the group's new chief executive, to simplify Europe's biggest lender. The bank, which was rocked by a tax-dodging scandal at its Swiss private bank in 2015, has combined
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Survey finds business lending remains stable

Get Started: Lending environment little-changed this year. The lending environment for small and mid-sized businesses has changed little this year compared with the end of 2017. That's according to a survey of 1,237 companies taken during the first quarter and released Monday by researchers at
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Yam says rate rise could curb prices

Hong Kong's housing policy should aim at providing affordable housing for every citizen to live in dignity, he said. On home mortgage financing, purchasing power has switched from the secondary market to the primary market lately, Yam said some of the developers are offering over 90 percent
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Avg rental yield of housing units mere 3%: Report

Magicbricks analysis of rental trends across 14 cities showed considerable variation. In general, markets with cheaper real estate were found to have the higher yields. With 3.9 per cent return, Kolkata has the highest rental yield. Furnished properties command higher rental and yield is disproportionate
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Dear Monty: Seller asks buyer to occupy early – a switcheroo

If there is no printed pre-closing occupancy form, the seller or title company should be responsible for drafting a document for your review. That document should cover the same or similar subjects as the sample. Printed pre-closing occupancy agreements often anticipate the buyer is at fault. In most
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Aries Conlon arranges loan for Best Western in Ormond Beach, Fla.

Aries Conlon Capital, a national commercial real estate mortgage and investment banking firm, closed on a $10.15 million, non-recourse, commercial-mortgage-backed-securities permanent loan for the Best Western Castillo Del Sol in Ormond Beach, Fla. Francisco Nacorda, SVP of Aries Conlon
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Investors Title Company (ITIC) Is Forming Ascending Triangle Pattern at $196.20

Ontario – Canada-based Manufacturers Life Insur Com The has invested 0% in Investors Title Company (NASDAQ:ITIC). Bancorporation Of Mellon holds … Trading at $196.20 Investors Title Company (ITIC) formed triangle with $190.31 price target or 3.00 % below today's price. The stock has $370.01M
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BuildingsNY 2018 coming to the Javits Center May 8-9: Industry trends, emerging codes, laws, and …

To provide attendees with the most current and expert information, BuildingsNY has partnered with industry leaders (ABO/CHIP, AIA Contract Documents, ASHRAE, Con Edison, Connected Real Estate Magazine, Façade Tectonics, IFMA NYC, Hydraulic Institute, and NYARM) to curate the robust 2018
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Albany has the fifth highest mortgage delinquency rate in WA

Albany has the fifth highest mortgage delinquency rate in Western Australia and the eighth highest in the country, according to a new report from Moody's Investors Service. The four WA suburbs leading the charge are: Ballajura, Baskerville, Clarkson, and Binduli. Moody's Investors Service studied the
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NYDFS investigating whether rent-to-own is actually predatory lending

According to the NYDFS, it is currently investigating whether alternative home purchase agreements, such as rent-to-own, lease-to-own or land installment contracts, currently being offered in New York are actually “unlicensed, predatory mortgage lending.” While its investigation is ongoing, the NYDFS
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Parking Management Market 2018-2023: Key Findings, Regional Analysis, Trends, Growth, Top …

Market Scenario: Traffic congestion is an ever growing problem due to urbanization, explosive growth of vehicles, growing cost of real estate and concurrent scarcity of land especially in cities. The global parking management market is projected to grow at a CAGR 12 % during the forecast period of 2017
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Veros, IDS announce integrated solution for GSE UCD data submissions

According to the press release, both Fannie Mae and Freddie Mac are recommending that lenders prepare for the change by submitting “Successful” UCD files before delivering their loans, as appropriate. In response to the joint announcement from January, IDS said that it has updated its proprietary
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Study names the most expensive housing market in Illinois

While the country continues to see the effects of an improving economy and low unemployment rates, the recovery is less than ideal for those who want to purchase a home. Homebuyers are up against an increasingly expensive market, with the median home price around $300,000 — over $100,000
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VW to Change Logo in Preparation for Electric-Car Era

Volkswagen AG plans to tweak the namesake VW brand's logo for the first time since 2012, as it prepares for the electric-car era and tries to burnish an image tarnished by the diesel-cheating scandal. The new logo will be unveiled next year, in time for the German carmaker's plans for an aggressive
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HW Webinar: Reimagining Lending with LendUS

The loan origination process was created decades before online banking – or even the internet – became widespread. In that time, the technology landscape has fundamentally shifted. With access to open APIs and validated source data, lenders like LendUS are leveraging data connectivity to
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Is Bank of America taking its focus off mortgage lending?

Just a few years ago, Bank of America could easily report $1 billion per quarter in its mortgage banking income. However, in the first quarter of 2018, the income from this sector was so small that it was simply lumped into the all other income section from its consumer bank. To get a better idea of just how
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M&T Bank Corporation Announces First Quarter Results

M&T Bank Corporation Announces First Quarter Results

Loans and leases outstanding at December 31, 2017 were $88.0 billion. The decline from the 2017 year-end to March 31, 2018 reflected acquired residential mortgage loan repayments, partially offset by growth in commercial real estate loans. Total deposits were $90.9 billion at the recent quarter-end,
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Alt.Estate Set to Disrupt and Revolutionize the Real Estate Industry

The real estate industry is estimated to be worth $217 trillion, making it one of the most lucrative sectors for investment. However, in spite of the high returns, it remains closed to a wide array of audience due to the high entry fee, slow ownership transfer, and high transaction costs. It has made the real
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Your C-Suite Is Way Too Crowded

This trend has been building for years, with large corporations adding lots of new executives with “chief” in their titles. But as a late-stage technology investor, mostly in companies outside Silicon Valley, I'm noticing more and more of this title inflation at smaller businesses and startups, too. Since these
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UPDATE 1-VW's trucks division open to buying majority of Navistar -CFO

Volkswagen Truck & Bus acquired a 16.9 percent stake in Navistar in 2016 and last week joined forces with Toyota's Hino Motors as it aims to compete more effectively with global truck market leaders Daimler and Volvo . Europe's largest automaker plans to convert its truck division into a public limited
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EBRD lending 5 mln euro for energy efficiency projects in Kosovo

PRISTINA (Kosovo), April 16 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said on Monday it is providing a loan of up to 5 million euro ($6.2 million) to the fourth largest lender in Kosovo, TEB Bank, for financing residential energy efficiency projects. “The loan will be
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Berkadia sells 622-unit apartment community in Kansas City

Michael Sullivan and Brett Meinzer of Berkadia's Kansas City investment sales team, along with Alex Blagojevich of Berkadia's Chicago office, represented the seller, San Francisco-based FPA Multifamily. The buyer, Landmark Realty, assumed four existing Berkadia-originated Freddie Mac loans.
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Unsecured debt borrowing drops “significantly" in Q1

Marketplace · Careers · Credit 500 · CS SHOP · The Credit club. Topics. Alternative Lending · Car Finance · Collections/Debt Sale · Credit Risk · Litigation and Enforcement · Mergers and Acquisitions · Public Sector · Trade Credit · Turnaround Restructuring and Insolvency · Utilities & Telecoms · Register.
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Russian c.bank says considering limiting FX loans in banking system

MOSCOW, April 16 (Reuters) – Russian Deputy Central Bank Governor Ksenia Yudayeva said on Monday the central bank was considering new measures to limit foreign exchange loans in the banking system. Yudayeva also said the situation on the currency market was balanced, and increased
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BoE warns lenders end of TFS a 'systemic risk'

The Bank of England has quietly warned mortgage lenders that the end of the Term Funding Scheme is a possible “systemic risk” to the country's financial system. Bank of England staff are understood to have told lenders this at the end of last year, according to the Telegraph. Experts expect that lenders
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Top Buying and Selling Stocks Weatherford International plc's (WFT)

Weatherford International plc's (WFT) witnessed a loss of -1.87% in recent trading period with closing price of $ 2.62. The company's last traded volume of 19.62 million shares was above it's an average volume of 22.98 million shares. In the trailing 12 months period, return on assets ratio of the Company
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Republicans Struggle to Make Tax Cuts a Winning Election Issue

NBC News/Wall Street Journal, Gallup and Quinnipiac University surveys show that the law started polling better earlier this year, but approval as of March was still below 50 percent. Sentiment was boosted when some companies announced bonus payouts to workers, as well as by bumps in take-home
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Mindy Grossman, Beyonce, Barbara Bush: Broadsheet April 16

In advance of the book's release (it goes on sale tomorrow), Hauser wrote the following, exclusive editorial for Fortune. Like most women, I've faced a handful of occasions throughout my career when men have made sexist or rude comments to me. These situations are always difficult, and it can be
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Mortgage Freedom Day has come early

Today is Mortgage Freedom Day, the day on which the average Brit has earned enough to pay off the annual cost of their mortgage. Homeowners will be happy to hear that it has come three days earlier than last year, implying more affordable mortgage costs on average. The day the celebration falls on
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The week ahead in business

Freddie Mac releases weekly mortgage rates. Last week, they were flat to slightly higher with the spring home buying season well underway. The average rate on 30-year, fixed-rate mortgages edged up to 4.42% from 4.40%. The average rate on 15-year, fixed-rate loans held steady at 3.87%.
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With An ROE Of 8.40%, Can Wharf Real Estate Investment Company Limited (HKG:1997) Catch …

Wharf Real Estate Investment Company Limited (SEHK:1997) performed in line with its real estate operating companies industry on the basis of its ROE – producing a return of8.40% relative to the peer average of 9.39% over the past 12 months. But what is more interesting is whether 1997 can sustain
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Should you be worried about mobile banking app security?

Your mobile banking app may help you avoid overdrawing your checking account or spending too much money. But if you're unsure of how secure it is, you're not alone. Reports suggest that many people still have security-related concerns when using digital banking channels. Among mobile banking
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Before You Buy Novavest Real Estate AG's (BRN:NREN), Consider This

For Novavest Real Estate AG's (BRSE:NREN) shareholders, and also potential investors in the stock, understanding how the stock's risk and return characteristics can impact your portfolio is important. Broadly speaking, there are two types of risk you should consider when investing in stocks such as
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BRIEF-Poly Real Estate's 2017 Net Profit Up, Set 2018 Property-Related Investment Plan

April 16 (Reuters) – Poly Real Estate Group Co Ltd : * SAYS 2017 NET PROFIT UP 25.8 PERCENT Y/Y AT 15.6 BILLION YUAN ($2.48 billion). * SAYS 2018 DIRECT INVESTMENT IN PROPERTY RELATED PROJECT AT 257.0 BLN YUAN Source text in Chinese: bit.ly/2H21EeJ; bit.ly/2H7iPvK Further
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SoftBank's Futuristic Vision Fund Takes on the Real (Estate) World

But now it's making a big bet on one of the stodgiest industries around—real estate. The $93 billion fund's sheer firepower has the potential to shape winners and losers in any market it decides to enter, and it is quickly doing so in real estate. The fund has met with at least 50 potential investments in the
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Hungary's Orban Isn't Another Putin

An Orban ally turned nemesis, Lajos Simicska, announced after Orban's re-election that he was shutting down his newspaper and radio station, which he had used to accuse Orban and his family of corruption. Simicska's Hir TV, an all-news channel, will keep broadcasting. Even that degree of pluralism,
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Optimism among builders slides for fourth consecutive month

Optimism among builders slides for fourth consecutive month

Builders' view of current sales conditions fell two points to 75, the outlook for sales over the next six months fell one point, to 77. A measure of buyer traffic held steady at 51. The average rate on 30-year, fixed-rate mortgages edged up to 4.42 percent, mortgage buyer Freddie Mac reported Thursday.
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Buy tokens from banking halls, says Kenya Power

If you need to purchase Kenya Power prepaid tokens, you will have to do it at the company's banking halls. In the past few days, Kenya Power's prepaid customers have been experiencing delays in receiving electricity tokens. Through a short message service, KPLC has acknowledged and apologised
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Terry McCrann: Now for two weeks that will change the banks forever

A bank cannot 'cleanly' generate an appropriate return from financial advice and associated financial services like it does with core banking — borrowing at 'X' and lending at 'X-plus'. It all seemed so different back in the 1990s when banks started their aggressive push into what was initially called 'funds
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Bank of America May Have Taken Caution to the Extreme: Gadfly (Correct)

And its loan growth was lower than many analysts' expectations. Bank of America was not alone in its loan-growth struggles in the first three months of the year. JPMorgan Chase & Co. reported on Friday that its lending growth had slowed in the first quarter. Wells Fargo's lending fell from the year before.
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US Retail Sales Rise, Sign Consumer Weakness Fading

“We'll see how well tax breaks work going forward — the onus is now on the consumer,” Sharif said. “People were so built up on the economy and tax cuts, but our view is that it's more steady than acceleration.” The data on Monday also showed that a decline in gasoline costs, as reported last week in the
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Icahn Will Sell Tropicana Casinos in $1.85 Billion Deal

Eldorado Resorts Inc. and real-estate company Gaming and Leisure Properties Inc. are teaming up to buy Carl Icahn's casino operator, Tropicana Entertainment Inc., for $1.85 billion in cash, adding to a wave of consolidation in the gambling industry. Gaming & Leisure will pay $1.21 billion for most of
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Why Samsung Might Turn to Blockchain for Its Global Supply Chain

Samsung could stand to realize significant savings if the company turns to blockchain for its global supply chain. Speaking to Bloomberg in an interview published on Sunday, Samsung blockchain chief Song Kwang-woo said that the company will decide soon whether the use the blockchain ledger to
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Numsa accuses Fortune Steel of not caring for workers' safety after furnace blast

The National Union of Metalworkers of South Africa (Numsa) has accused Fortune Steel of flouting health and safety protocols when at least seven workers were injured after a furnace exploded at the plant in Nigel in Ekurhuleni. Numsa has reportedly called for the company's operations to be closed
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Chinese housing markets need to make 'painful adjustment' – IMF paper

Governments in major cities in China should focus on restoring the housing market's “stability and predictability” to ensure the economy can withstand a sudden fall in house prices, according to research published by the International Monetary Fund. In the paper, which looks to understand how China
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Blockchain Lending Platform ETHLend Aims To Expand To Fiat

Decentralized lending platform ETHLend is planning to expand its current crypto-to-crypto business model to cover fiat lending, whereas users can pledge cryptocurrencies and receive fiat currency as a loan. Built on the ethereum blockchain, ETHLend provides a global lending market that connects
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Should You Be Concerned About Aberdeen International Inc's (TSE:AAB) Shareholders?

However, if you are building an investment case for AAB, ownership structure alone should not dictate your decision to buy or sell the stock. Rather, you should be looking at fundamental drivers such as the intrinsic valuation, which is a key driver of Aberdeen International's share price. I urge you to
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What You Need to Know About the Movement to Boycott Starbucks

After protests in Philadelphia over the weekend, the movement to boycott Starbucks is going global. Last Thursday, a Starbucks manager in Philadelphia called the local police because two black men were sitting inside the cafe without having ordered anything. The incident resulted in the two men being
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Bank of America reports higher earnings, to open more bank branches

Bank of America's earnings rose in the first-quarter, and the company said it plans to open 500 new branches as it issued upbeat financial results that topped Wall Street forecasts and continued strong results by most major U.S. banks. The Charlotte, N.C.-based banking giant on Monday reported net
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Cohen Isn't the Biggest Catch from Trump World

Michael Cohen, President Donald Trump's personal attorney, will be in a federal courtroom on Monday, arguing that he has the right to review documents that FBI agents seized when they raided his office and residences last week. Reporters will be in the courtroom, too. The media is excited about what
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Voyage 2018 to analyse trends impacting India's financial markets

The experts will delve into a host of topics relating to the financial market. Some of the key topics set to be discussed are 'Undercurrents in our Shores – Equity', 'Undercurrents in our Shores – Fixed Income', 'Island of Opportunity – Real Estate', 'Through the Spy Glass – Sector Analysis (RE, Infra, BFSI)'.
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Bank blowout: Big bank earnings should propel the financials from worst to first

As the bank earnings flurry rolls on this week, the financials sector should be able to play catch-up and return to being one of the best-performing groups in the … Financial stocks and banking should thrive in this environment, given the economy and consumer balance sheets are strong, which altogether
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Lending language made clearer

Legal lending limit: This is a legal limit on the total amount of loans and commitments a financial institution can have outstanding to any one borrower. The limit usually is determined as a specified percentage of the financial institution's own net worth or equity capital. Its purpose is to avoid excessive
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Ellie Mae Announces New Major Releases of Encompass Digital Mortgage Solution

PLEASANTON, Calif.–(BUSINESS WIRE)–Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced today that it has launched a new major release of its Encompass® digital mortgage solution. The release of Encompass 18.2 will help lenders of
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Oil Retreats on Speculation Syria Intervention Will Be Limited

Oil retreated from its highest close in three years in New York as Middle East tensions abated on speculation that U.S.-led military intervention in Syria won't go beyond the weekend's missile strikes. Futures slipped as much as 1.9 percent in New York. President Donald Trump declared “mission
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Colombia: Buyer or Producer in the Global Gas Market?

The government intends to use those results as a bellwether for shale's viability in Colombia, buying it a few more years in the unconventional resource debate. The wait will be less beneficial, however, for international companies operating in Colombia, which are much further along than Ecopetrol in
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