Here's What the Trump Administration's NAFTA Negotiations Mean for You

Here's What the Trump Administration's NAFTA Negotiations Mean for You

Since August of 2017, the U.S. Trade Representative Robert Lighthizer has been working with representatives from Canada and Mexico on renegotiating the trade agreement. But what would a renegotiated NAFTA mean for consumers? American industry? Or American labor? Fortune spoke with Brian
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United Wholesale Mortgage names Alex Elezaj chief strategy officer

In 2017, Elezaj was named a recipient of HousingWire's Vanguard award. “What UWM has done over the last several years, growing at such an impressive rate despite market declines and entrenching itself as the run-away best wholesale lender in the country, is insanely impressive,” Elezaj said.
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Expeditors International (EXPD) Upgraded to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Expeditors International (NASDAQ:EXPD) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning. Zacks Investment Research currently has $72.00 target price on the transportation company's stock. According to Zacks
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FTC Charges Lending Club with Deceiving Consumers

“This case demonstrates the importance to consumers of having truthful information from lenders, including online marketplace lenders,” said Reilly Dolan, acting director of the FTC's Bureau of Consumer Protection. “Stopping this kind of conduct will help consumers make informed choices about loan
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Tupperware Brands Corporation: Title Tupperware Brands Reports First Quarter 2018 Results …

GAAP net income and diluted earnings per share were $35.7 million and $0.70, versus $47.4 million and $0.93 in 2017, respectively, reflecting the impact of lower sales, a higher tax rate and pre-tax costs in connection with the Company's re-engineering program that were $5 million, or $0.09, higher in
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The Changing Retail Landscape

CBRE Head of Retail Research for the Americas Melina Cordero sat down with Commercial Property Executive to discuss the major trends and challenges facing the retail sector and how retail real estate owners and managers, as well as retailers themselves, are adapting. Check out the video above for
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Faithfold and Fortune ready for one final push

Fortune have endured a testing league campaign – having been promoted from Division Two of the MGBSFL last year, they finished bottom of Division One, with just a solitary win in 14 matches. Under manager Linden, they have saved their best form for the cup, with young goalkeeper Joel Carlowe the
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As Public Art Goes Up, So Do Nearby Home Prices

The “Millennium Park factor” has been credited with fueling the area's real estate growth by about 10,000 new units over the following decade, to the tune of … She points to the formerly sleepy suburban Brookland neighborhood in northeast Washington, D.C. It's now home to the Monroe Street Market,
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Inflect Names Jarrett Appleby as Strategic Advisor

“Inflect recognizes that to create a truly neutral and global marketplace where buyers and sellers of colocation and network services require accurate data to simplify selecting the right internet infrastructure for their business operations and clients' requirements. Bridging the gap between the data center,
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Mortgage Applications Down Again

“Treasury rates increased significantly last week, partly driven by the market's reaction to more hawkish comments from key Fed officials and positive economic news on strong retail sales and declining jobless claims,” said Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
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Protiviti Named to Fortune's 2018 Best Workplaces in Consulting and Professional Services List

MENLO PARK, Calif., April 25, 2018 /PRNewswire/ — Global consulting firm Protiviti has been recognized as one of Fortune magazine's 2018 Best Workplaces in Consulting & Professional Services®, one of only 20 large companies in the industry to receive this distinction. The annual list is based on the
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Absa says online banking‚ banking app services now restored

Absa Bank announced on Wednesday afternoon that its online banking and app services had been restored. Early on Wednesday morning‚ the bank announced it was experiencing technical challenges with its banking app and online banking channels and said its technical team was working on fixing
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Emerging Market Growth Could Be Settling Down, Data Suggest

Is the party winding down? A measure of growth in emerging market economies paused in March after rising to the highest level in seven years. The EM Growth Tracker retreated to a 6.6 percent growth pace on a quarter-over-quarter basis, according to the Institute of International Finance, which
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Music's Future Means Even More Ed Sheeran, Drake

There are two topics the global music industry loves to talk about, via its chief lobby group: How hard done by they all are, and what wonderful opportunities they're providing for artists to be discovered. Witness the International Federation for the Phonographic Industry's latest annual Global Music Report
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Tel Aviv mayor: Gov't making Tel Aviv city for the rich

“I don't want to talk about lowering housing prices,” Tel Aviv Mayor Ron Huldai told the “Globes” real estate conference. “I think it is better to ask what society we want to live in. You can't blame all of Israel's problems on housing prices, as if other things aren't important. The Israeli government is naked in
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Home sales in ABQ metro area on the rise in 2018

Click here to see how Albuquerque's housing market improved overall last year compared to 2016. Market activity overall in the city of Albuquerque has increased by 12.9 percent from 2017's first quarter, while activity in Rio Rancho decreased by 2.3 percent. Homes sales in the East Mountains area
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FTC Confirms it Charged Lending Club (LC) with Deceiving Consumers

“This case demonstrates the importance to consumers of having truthful information from lenders, including online marketplace lenders,” said Reilly Dolan, acting director of the FTC's Bureau of Consumer Protection. “Stopping this kind of conduct will help consumers make informed choices about loan
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Lloyds Banking Group's (LYG) on Q1 2018 Interim Management Statement Conference (Transcript)

Lloyds Banking Group's (NYSE:LYG) Q1 2018 Interim Management Statement Conference Call April 25, 2018 4:30 AM ET. Executives. George Culmer – Chief Financial Officer and Executive Director. Analysts. Raul Sinha – JPMorgan Chase. Chris Manners – Barclays. Andrew Coombs – Citigroup.
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YouTube Remix Could Bring Changes to Google's Streaming Music Efforts

Get Data Sheet, Fortune's technology newsletter. Google's decision to ditch Google Play Music for an alternative wouldn't be much of a surprise. Google Play Music is largely an afterthought in the broader digital music market. Adding a new service to the mix with a different set of features could be what
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Arizona Pension Buys 50% Stake in Real-Estate Manager Mill Creek

The Arizona pension paid $550 million for both the firm stake and its share of Mill Creek's real estate holdings. It is considering committing another $400 million to the firm to manage on its behalf, Mr. Polen said. As an owner in Mill Creek, the pension is entitled to profits the firm makes over time, which
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Kirsten Gillibrand Unveils A Public Option For Banking

Kirsten Gillibrand Unveils A Public Option For Banking

A postal banking system could be a major boon to the financially strained Postal Service. If even 10 percent of the money Americans currently spend on interest and fees for risky financial products went toward postal banking loans that cost 90 percent less, the Postal Service would gain almost $9 billion
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MBA: Mortgage Applications Fall Slightly

The Market Composite Index, a measure of mortgage loan application volume, fell by 0.2% on a seasonally-adjusted basis for the week ending April 20th, 2018, according to data from the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey. On an unadjusted basis, the Market
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Freddie Mac Announces $497 Million Seasoned Loan Structured Transaction

MCLEAN, Va., April 25, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today announced an approximate $497 million Seasoned Loan Structured Transaction (“SLST”) of a pool of seasoned re-performing loans from its mortgage-related investments portfolio. This will be the fourth SLST
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Florida Legislature Will Regret Failing to Tackle AOB Abuse

The agency's biggest concern is the companies' exposure to rising AOB claims. Given that the government-sponsored enterprises Fannie Mae and Freddie Mac require mortgage loans to be insured by companies with a rating of “A” or better, downgrades could move hundreds or even thousands of
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MBA: Mortgage Applications Increased Slightly as Rates Continued to Rise

Mortgage application volume fell slightly during the week ended April 20, as the average contract interest rate for a 30-year fixed-rate mortgage climbed to its highest level since September 2013. According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey, total
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Jane Street Group LLC Buys New Stake in Old Republic International (ORI)

A number of other institutional investors and hedge funds have also modified their holdings of ORI. Renaissance Technologies LLC boosted its stake in shares of Old Republic International by 16.2% in the 4th quarter. Renaissance Technologies LLC now owns 9,023,085 shares of the insurance
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Lending Club tanks after getting slammed with charges for allegedly misleading customers (LC)

Lending Club, the technology lender, is taking it on the chin Wednesday after the Federal Trade Commission charged the company with misleading customers. Shares were down 8.2% by 12:56 p.m. ET, according to Markets Insider data. The FTC alleges the company falsely told “consumers they would
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How Will Private Mortgage Insurance Rate Reductions Impact Affordability?

Since 2015, FHA mortgage loans have been more attractive than private or GSE loans for borrowers. … According to the April Housing Finance At A Glance Chartbook by the institute Private Mortgage Insurance (PMI) companies are joining the race to cut insurance premiums that will likely offset the
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Behind-the-scenes with the BBC's natural history team

BBC TV legend Sir David Attenborough was in Liverpool to launch the new documentary series Dynasty to more than 700 international buyers at the BBC Worldwide Showcase event. Vijaya Cherian meets the team behind the latest documentaries Dynasty and Serengeti, to understand the new
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The Trump Administration Wants to Take the Mystery Out of How Much Hospitals Charge Patients

New proposed Trump administration regulations aim to make how much hospitals charge patients more transparent—a continuation of federal Obama era initiatives to pull the curtain back on the notoriously opaque American health care system by making hospital service charges easily available online.
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Rusal Shock Delivers Body Blow to Aluminum in Fight With Steel

Metals markets were thrown into turmoil by the sanctions on Rusal, the biggest aluminum maker outside China. Aluminum surged to a six-year high, while producers scrambled to find supplies of alumina, the key raw material that Rusal makes in Ireland and Jamaica. The U.S. decision to ease the
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Real estate brokers to bring US-style brokerage to Austria

Austria's largest real estate associations and brokerage network have set out to build a brokerage platform based on the Multiple Listing System, or “MLS” for short, from the US and Canada, according to a recent report by derStandard.at. The Association of Real Estate Trustees (WKÖ) along with the
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Ontario real estate tax curbs foreign buyers

A year after Ontario launched its foreign buyers' real estate tax, the province has raised about $41 million and steadily reduced the number of off-shore property transactions in the Greater Golden Horseshoe area to about 1.6 per cent in February 2018, from about 4.7 per cent in May. New numbers
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NAR Study: Homebuyers Focus on Sustainability

Real estate brokers are finding greenbacks in green home sales, according to a new study released by the National Association of Realtors (NAR). Sixty-one percent of real estate brokers surveyed by the trade group stated that consumers are interested in sustainability in their potential homes, while 71
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Byrd wins $60800 on Wheel of Fortune

Elliott Byrd, a Texas State University student with ties to Fredericksburg, recently won a total of $60,800 in cash and prizes on the Wheel of Fortune game show. The college senior appeared on the Tuesday, April 3 episode of Wheel of Fortune's College Week Spring Break and also won trips to the
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Another buying partnership on cards in France

“By consolidating the historical links they have built with the agricultural world, the two companies want to offer the agricultural sector a partnership of reference. It will be built around prices and volumes to provide fair compensation to farmers, over an extended period of time.” just-food has contacted
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MBA: Mortgage apps fall as mortgage rates hit multi-year highs

The adjustable-rate mortgage share of activity decreased from 6.6% last week to 6.5% of total applications. The Federal Housing Administration share of applications decreased from 10.6% last week to 10.2% this week, and the Veterans Affairs' share of applications decreased from 10.4% last week to
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San Francisco Will Get Over Scooterpocalypse

I confess: I'm loving the squabbling going on in San Francisco over electric scooters. Ever since St. Patrick's Day, the city has been dealing with a contagion of the transportation rentals, scattered downtown and on main thoroughfares. Three startups are responsible: Bird, LimeBike and Spin.
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D'Oh! Hank Azaria Did What The Simpsons Could Not

Hank Azaria, the white actor who has long been the voice of a cartoon Indian stereotype, turned himself into an ally last night. Azaria is the voice of Apu Nahasapeemapetilon, a character on the long-running show The Simpsons. Apu owns a Kwik-E-Mart and speaks in a stereotypical Indian accent while
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BGT final preview: Temple Fortune – player profiles & history

The knock-on effect has been Temple Fortune winning three hard ties in the Barry Goldstein Trophy to reach the Club's second final in this competition. Under the continued leadership of chairman Nigel Kyte, who was one of the original founders, the Club has a brilliant MGBSFL management team of
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Why another home-price jolt is coming

Why another home-price jolt is coming

The U.S. housing market's storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now, a new chapter has opened up for the industry and its customers: soaring costs for building materials. Reports on Tuesday underscored both resilient
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Tesla Teardown Reveals Tech Prowess, Production Shortcomings

Tesla Inc. Chief Executive Officer Elon Musk has said his company was building advantages in the ability to make electric cars cheaply and efficiently. Those claims keep looking more questionable. The latest knock against Tesla's production credentials comes from Munro & Associates, a small
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Lindsay Lohan's Childhood Home Lost to Foreclosure After Mom Dina Defaults on Mortgage

The order comes as a result of Dina reportedly defaulting on her mortgage and failing to respond to the foreclosure lawsuit. As of December 2017, she owed $1,492,784 on the property, which was due for payment in October 2017. Lindsay once gave her mother $40,000 to help her save the property,
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Republicans want answers from Pruitt as ethics woes mount

WASHINGTON (AP) — Republican senators want President Donald Trump's embattled environmental chief to address questions about ethics and spending decisions, but so far are stopping short of calling for him to step down. Scott Pruitt's answers at House hearings Thursday could prove crucial in
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Current Mortgage Rates Rise After 10-Year Yield Hits 3.0%

The yield on the 10-year Treasury note popped above the key psychological threshold of 3.0% yesterday for the first time since 2014. That pushed mortgage rates up a little to levels that are continuing to be held today. Rates seem poised to continue rising over the coming weeks and months so our
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Buyer Demand for Green Homes Trends Up

“REALTORS® are leaders in the conversation about real estate sustainability, energy conservation and resource efficiency, and will continue to promote environmentally-conscious strategies and best practices that benefit not just our clients, but also our communities.” NAR's Sustainability Report
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Supreme Court Hears Arguments in Challenge to Trump's Travel Ban

The U.S. Supreme Court heard oral arguments on Wednesday in Trump v. Hawaii, the challenge to the third iteration of President Donald Trump's travel ban. The justices lobbed tough questions at both Solicitor General Noel Francisco (arguing for the government) and former acting solicitor general
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Paul Hastings Guides Sino-Ocean In $95M Chicago Hotel Buy

Sino-Ocean Group, one of the largest real estate companies in China, teamed up with Hong Kong private equity firm Gaw Capital Partners and asset manager Huarong International Financial Holdings Co. Ltd. in buying from an unnamed seller the historic 40-room hotel that also features bars and
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Homes in Formerly Redlined Areas Trailing in Value

Homes in Formerly Redlined Areas Trailing in Value. The typical home in an area given a “hazardous” rating in the 1930s is worth 85 percent of the median value of surrounding homes today. – The effects of redlining are still visible in today's housing market. The median value of a home in a formerly
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Chinese developers to invest in Nigeria mass housing scheme

The summit themed, “Attracting Foreign and Local investors, for Housing Construction and Acceptable Business Models for Infrastructure Development and Equity Plan Scheme for Mortgage Financing in Nigeria”, also witnessed the unveiling of a 3,000 housing units in four locations in the FCT.
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House prices in Sydney drop 2.6 per cent over March quarter: Domain Group data

Sydney house prices have taken their biggest hit since 2015, recording a 2.6 per cent drop in prices over the March quarter. The median house price in Sydney is now $1,150,357, which is $30,000 cheaper than in December, according to Domain Group's March Quarter 2018 House Price Report. House
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Drop in investor activity hits Sydney house prices

House prices in Melbourne rose 8.8 per cent in the past year while Sydney prices fell, according to the Domain House Price Report. In its first quarter update, Domain reports the median price for a detached house in Melbourne at the end of March was $914,518, up from $840,903 a year ago. Sydney's
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Menlo fire district real estate purchases reduce revenue for local agencies

In less than a year, the Menlo Park Fire Protection District has spent more than $19 million on real estate. Combined with other district property purchases made since 2006, the spending adds up to $28.6 million. All the purchases were made in cash, with money taken out of the district's reserves, which
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FTC charges Lending Club with deceiving consumers, stock plunges

FTC charges Lending Club with deceiving consumers, stock plunges. 44 Mins Ago. CNBC's Dominic Chu reports that Lending Club stock plunging on charges from the FTC on deceiving consumers about loan term agreements. Watch CNBC Live TV
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LendingClub Accused by US of Deception on Hidden Loan Fees

LendingClub Corp. was sued by U.S. officials for allegedly deceiving consumers over hidden fees and charging borrowers even when they paid off their loans. The Federal Trade Commission said in a complaint that LendingClub deducted hidden fees from loan proceeds issued to borrowers.
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United Kingdom Plans $1.3 Billion Artificial Intelligence Push

Get Data Sheet, Fortune's technology newsletter. Regarding China and its desire to become the world's leader in AI technologies by 2030, Philipson said that “China is making a big play and investing considerable amounts of money.” “I'm not sure we're looking to compete with China on that scale,” he
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'Wheel of Fortune' features 2 Omaha women this week

It's hard to believe, but two additional Omaha women appeared on “Wheel of Fortune” this week. Officials with the game show said Libby Sweeney, who participated Tuesday, and Jenyl Hankenson, who participated Wednesday, are both from the metro. Advertisement. Be sure to watch on KETV Channel
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Australia: Company Title Conversion

Under company title arrangements, a company owns the building. The ownership of particular shares in the company entitles a shareholder to exclusive use and occupation of a particular apartment within the building and use of common areas. Regular levies are usually payable by shareholders and
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ARMCO Wins HousingWire HW Tech100 Award for Fourth Consecutive Year

POMPANO BEACH, Fla., Apr 24, 2018 (SEND2PRESS NEWSWIRE) — ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, announced that it has won HousingWire's fifth annual HW Tech100(TM) award, which recognizes the 100 most
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ERA Real Estate Announces The Affiliation Of Knipe Realty

MADISON, N.J., April 25, 2018 /PRNewswire/ — ERA Real Estate, a global franchising leader, today announced that Knipe Realty, a market leader in the Pacific Northwest, with 4 offices across Oregon and Washington, has joined ERA Real Estate. Established in 2007, the firm will now be known as
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Ireland: Irish Funds Trends 2013-2017

Ireland: Irish Funds Trends 2013-2017

… whether in the area of UCITS or AIFMD and whether related to mutual funds, hedge funds, real estate funds, private equity funds, ETFs, loan funds or managed account platform structuring. In maintaining and strengthening our market share, we have extended our regulatory expertise across a range of
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Predatory lending is the Tip of the iceberg

(TriceEdneyWire.com)—The Consumer Financial Protection Bureau is supposed to “protect” consumers from fraud and predatory lending. But since 45 has ruled the roost, he has empowered exploiters to extract too much money from consumers. And he has exposed himself to implicit bribes, which is
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Invigorated Cvent plans buying spree, global expansion

An energized Cvent Inc. may be the biggest player in the more than $550 billion event management industry, but CEO and founder Reggie Aggarwal aims to go much, much bigger. The plan? Buy competitors. Hire hundreds of workers. Expand across the globe. Continue to dominate a space with
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Strong housing market prediction for the South West

The South West will have the strongest housing market growth over the next few years, according to industry predictions. Residential property in the region is set to increase value by 4.3% by 2022 according to analysis of figures from Nationwide and the ONS by KPMG. Developer Generator South West
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Financial Stock Roundup: Investors Real Estate Trust (IRET)

Share of Investors Real Estate Trust (IRET) have caught the attention of the Wall Street community. The stock price is settled at $5.23 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that IRET spotted a positive behavior with drift of 0.97%.
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AFR Wholesale Partners With Blend on Digital Mortgage Solution

Blend enhances Mortgage Brokers' ability to deliver a fully digital customer experience, while automating many of the steps of the mortgage process. Blend will enable AFR's brokers to operate out of one singular system, taking customer applications, receiving documentation, pricing loans, and
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Toronto foreign-buyer home sales drop to 2.5 per cent of real-estate purchases

The number of homes sold to foreign buyers in Toronto has dropped steadily over the year since the province introduced a 15-per-cent tax on such purchases, falling from 7.2 per cent of sales in May, 2017, to 2.5 per cent over a three-month period ending in February. New data from the province's
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HUD proposes raising rent for people receiving federal housing subsidies

According to HUD, approximately 4.7 million families currently receive federal housing subsidies in order to gain access affordable, quality housing and pay their rents. Of those families, more than half are currently headed by senior citizens or a person living with a disability. HUD's rent reforms will not
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Kirsten Gillibrand Unveils Her Ambitious Plan to Turn the Post Office Into a Bank

Add New York Senator Kirsten Gillibrand to the list of big name Democrats who want the U.S. Postal Service to double as a bank. The potential 2020 contender is rolling out legislation today that would require post offices to offer their customers basic financial services, such as checking and savings
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The State of Mortgage Consumers

That's according to CMHC's recently released Mortgage and Consumer Credit Trends report, which said Canadian households' credit market debt reached a record $1.70 for every dollar of disposable income. Mortgage debt was one of the main drivers, but CMHC notes that credit card and auto loan
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Sears real estate head to leave

Jeff Stollenwerck plans to step down from his role as president of Sears real estate business and senior VP, Reuters reported. The 15-year Sears veteran has played a key role in the chain's real estate deals in recent years, including when Sears' spun off of some 250 properties to form real estate
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Could the takeover of GKN by Melrose Industries change Bristol forever?

There are concerns that Melrose's short-term approach does not fit with Britain's long-term industrial strategy and that GKN could be broken up and sold off to international buyers. There are fears about how this could impact the UK economy and what will happen to the thousands of workers employed by
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Democrats Have a Plan to Save the Post Office – and Kill Payday Lenders

But Kirsten Gillibrand's new plan to establish a public option for banking is an exception to the rule: By requiring the post office to provide basic financial services, Gillibrand's bill would significantly mitigate the economic exploitation of America's most vulnerable people, punish predatory lenders — and
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Help wanted: More employers hiring adults with autism

An increasing number of companies across the country like Microsoft, Freddie Mac, and Walgreens are establishing hiring and recruiting campaigns and developing new hiring methods with this large population of workers in mind. Al Greer says personally and professionally this is a trend in the right
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TSB boss: We know everything's working, you just can't see that

A major IT meltdown occurred at the bank following a scheduled upgrade between 4pm on Friday 20 April and 6pm on Sunday 22 April, as TSB migrated from former parent Lloyds Banking Group's systems. TSB initially warned customers that online services may not be available during that window.
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Daily Report: Existing Home Sales, Prices And Rates

Growing demand for homes signifies continuing upswing in the economy. Limited supply and higher production costs put upward pressure on prices and may limit homebuilders' earnings potential as demand from would-be first-time buyers stays subdued. Interest rates are likely to continue rising with
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The Most Expensive Takeover in Retail Is Drowning in Debt

The rest it took on to buy what was intended as an Amazon-beater — the $3.4 billion acquisition last year of online pet merchant Chewy.com. It was the biggest e-commerce acquisition to date, topping even the $3.3 billion that retail giant Walmart shelled out for its takeover of Jet.com the year before.
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FTC sues LendingClub, accusing it of deceiving borrowers about hidden fees

… Renaud Laplanche, was pushed out of the company after revelations that the firm had improperly changed the application dates on about $3 million in loans sold to an investment bank and that Laplanche had not disclosed his involvement with an investment fund Lending Club was considering taking
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Apple's Tim Cook Meets With Trump in Oval Office

Thus far, Apple doesn't appear to be seriously affected by the growing trade tensions, but as a U.S.-based technology company that produces the majority of its products in China and lists the U.S. and China as its largest and third largest markets, respectively, that impact could change at any time.
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Nasdaq-Listed Amazon, Alphabet Halted for the Day at NYSE

Amazon.com Inc. and Google parent Alphabet Inc. won't trade for the rest of the day at the New York Stock Exchange, which is not a scary prospect … 6.2 percent of Amazon's trading volume over the past 20 days, versus 27 percent at the Nasdaq Stock Market, according to data compiled by Bloomberg.
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More first-time home buyers are choosing new construction

More first-time home buyers are choosing new construction

Growing numbers of people looking for their first house are coming up with a new strategy. Instead of competing for the limited number of resale homes on the market, they are buying new. Many of them are finding what they are looking for in Hendersonville. “We do have new construction that first-time
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New Reports Detail Housing's Price-Demand Seesaw

First American Financial Corp. is reporting real house prices increased 2.9 percent between January and February, and they were also up 5.1 percent year-over-year in February. However, consumer homebuying power, which determines what can be purchased based on the buyer's income and the
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Three Weeks of Sanctions Have Cost One Russian $3.8 Billion

The poet called April the cruelest month, and you probably won't get an argument from Oleg Deripaska. The Russian billionaire's net worth plunged to a record low on Tuesday, almost three weeks after the U.S. imposed sanctions on him and some of his companies. Deripaska, 50, is the majority
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Canada Seeks to Widen AML Compliance Net

The government's review started in February and is looking to to bring under the law entities such as non-federally regulated mortgage lenders, privately owned automated-teller machines, horse-betting businesses, financing and leasing firms, high-value goods dealers and jewelry auction houses,
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Angel Oak Enjoys Record Q1

Angel Oak Companies kicked off 2018 with record growth, revamped products and new hires for its three affiliated lending units, Angel Oak Mortgage Solutions, Angel Oak Home Loans and Angel Oak Prime Bridge. Angel Oak's successful start to the first quarter of 2018 includes a record of $340 million
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What If, Hypothetically, Yahoo Had Been Hacked?

Here is a Bloomberg News story about Popeyes Louisiana Kitchen posting better-than-expected same-store sales numbers last quarter because people really like late-night fried-chicken delivery. Here is a Bloomberg News story about how Silicon Valley startups are getting into the business—somehow
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Trump and Cohen Ready With Teams of Lawyers for Records Review

The hearing created a bigger sensation when it was disclosed Fox News host Sean Hannity was one of three of Cohen's clients. U.S. prosecutors oppose the appointment of a special master, saying a separate team of government lawyers, unrelated to the investigation, would move faster to weed out
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5 secrets from real estate insiders

Knowing the tricks of the trade can go a long way toward making sure your next real estate transaction is a smart one. Here are some tips from the pros to help you snag that perfect purchase or sell.
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AM Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation

… PA); Manufacturers Alliance Insurance Company (Blue Bell, PA); and Pennsylvania Manufacturers Indemnity Company (Blue Bell, PA) (collectively referred to as the PMA Insurance Group) (PMA); Old Republic National Title Insurance Company (Tampa, FL) and American Guaranty Title Insurance
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Throwback Thursday: Toys from your childhood worth a fortune

If you're thinking of carting your children's old toys off to the charity shop, you may want to read this first. A team of money-saving experts have revealed the vintage toys and games that are now worth thousands – and there's a good chance some of them are gathering dust in a corner of your attic, reports
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Surprise! Despite intense competition, San Francisco is named the best market for real estate agents

It's become cliché to describe San Francisco's real estate market as “red-hot” in a kind of shorthand that captures the lightning-fast closing times for homes and a median home price that drifts north of $1.3 million. But still even as some experts continue to predict a downturn around the corner – at least for
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Alex Elezaj Joins United Wholesale Mortgage as Chief Strategy Officer

“We are thrilled to have such an amazing leader join our team, and his main focus will be aligned with UWM's which is to help our mortgage broker partners grow,” said Mat Ishbia, President and Chief Executive Officer of UWM. “He is in total lockstep with our company from a leadership vision and culture
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United Shore hires for new strategy post

United Shore Financial Services LLC has hired the former CEO of a real estate appraisal management firm as chief strategy officer, a newly created position. Alex Elezaj, 41, previously led Troy-based Class Appraisal. He started April 16 at United Shore, a wholesale mortgage lender that's also based in
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FairFX Mobile Banking Achieves Year of Profitability

Profitability; it's not always easy to achieve, and for a lot of businesses, it never really happens. When it does, sometimes it takes years to get there, and it's usually a cause for celebration. FairFX recently dropped word our way about its efforts in mobile banking, and how 2017 proved a great year for the
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Transactions & Financings: Charter Senior Living, Grandbridge Seniors Housing

KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders' purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York. Charlie Shoop of Key's Commercial Mortgage Group arranged the
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Elon Musk Just Revealed His Next Project — A Cyborg Dragon

Elon Musk has long juggled multiple projects between SpaceX, Tesla, and The Boring Company. Now, Musk has his sights set on a new endeavor: a cyborg dragon. “Oh btw I'm building a cyborg dragon,” Musk casually tweeted Wednesday afternoon. Oh btw I'm building a cyborg dragon. — Elon Musk
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Vanguard Ponders a Big Change in Japan: Selling Its Funds Directly

It sees an opening for this strategy in other markets such as Japan as regulations including the European Union's revised Markets in Financial Instruments Directive, or MiFID II, require financial firms to be more transparent about costs. Vanguard is still contemplating “the right way” to sell funds directly to
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Lending Club's "no hidden fees" claim draws FTC suit

LendingClub (LC) customers were tricked into signing up for loans with phony promises of “no hidden fees,” the Federal Trade Commission said Wednesday in filing a lawsuit against the peer-to-peer lending company. In reality, LendingClub deducted hundreds or even thousands of dollars in
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Blackstone Mortgage Trust's (BXMT) CEO Stephen Plavin on Q1 2018 Results – Earnings Call …

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Q1 2018 Earnings Conference Call April 25, 2018 10:00 AM ET. Executives. Weston Tucker – Head of IR. Stephen Plavin – President and Chief Executive Officer. Tony Marone – Chief Financial Officer. Doug Armer – Treasurer and Head of Capital Markets.
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VC Firm With Rockefeller Roots Turns to Crypto Startups

A venture capital firm that sprang from the Rockefeller fortune is setting its sights on cryptocurrency businesses while sticking to its roots: investing in startup equity rather than simply snapping up digital tokens. While hundreds of new hedge funds have popped up to speculate on Bitcoin and its ilk,
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Sultan allocates Dh2.5m to buy children's books

Sultan allocates Dh2.5m to buy children's books

The committee will lay a special focus on language integrity, quality of the publications, their topicality and the content's compatibility's with the Arabic and Islamic traditions. These book buying initiatives during the SCRF and the Sharjah International Book Fair (SIBF) have enriched the emirate's libraries,
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Metamorfo Targets Brazilian Users with Banking Trojans

From there, the payload malware sets about spying on the victim to sniff out their online banking activity, comparing the sites they visit against an extensive hardcoded list of Brazilian banking and digital coin URLs. If it finds a match, it creates a folder to store screenshots, as well as the number of mouse
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China unveils plans to boost rental housing market

BEIJING, April 25 (Xinhua) — China Wednesday announced plans to allow the issuance of securities backed by residential rental properties amid its drive to foster the growth of rental housing market. The country will encourage companies to conduct rental housing asset-backed securitization and
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AMD Sales Forecast Shows New Products Beginning to Deliver

Compareacards.com By LendingTree · Best Credit Cards For Balance Transfers in 2018Compareacards.com By LendingTree · Kelley Blue Book · The 10 Most Comfortable Cars On The Market, All Under $30KKelley Blue Book. LIVE ON BLOOMBERG. Watch Live TV Listen to Live Radio
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Sixty-Two Percent of Homeowners Say They Will Never Move

Bankrate.com's study found that 21 percent of homeowners own their primary residence without carrying a mortgage while 32 percent are now paying off a home loan. And while the median reported mortgage rate is 3.95 percent, 29 percent of respondents claimed they didn't know their mortgage rate or
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Top banking Dem calls for Mulvaney to resign after lobbyist remarks

“Banks and payday lenders already have armies of lobbyists on their sides — they don't need one more.” A spokesperson for Brown confirmed the senator is calling on Mulvaney to resign from both the Office of Management and Budget and CFPB. Mulvaney spokesman John Czwartacki told The New
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Digital Risk announces new head of diligence services

Gurley also previously spent time at Fortress Investment Group, where she served as manager of a prime, subprime and manufactured housing whole loan and securities portfolio, as well as Marathon Asset Management, where she was a managing director and a senior portfolio manager focused on the
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Inflation Is No Match for Amazon, Walmart in the Grocery Aisle

That's because Amazon.com Inc. and Walmart Inc. are engaged in a battle to the death on consumer spending, while low-cost chains Aldi and Lidl … food costs to push down prices, and customers became acclimated to that environment,” said Jennifer Bartashus, an analyst at Bloomberg Intelligence.
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LendingClub Gets Sued By The FTC; Stock Hits Record Low

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after it faced allegations by regulators in the U.S. that it was adding on hidden fees and charging borrowers even after they no longer had a loan with the company.
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2018 Top 10 Tech Trends for Electronic Displays and More

Some wide-ranging examples include car sales (test driving in different environments); real estate purchases (virtual property tours); travel opportunities for those with physical or other limitations; and virtual amusement park rides. In AR, Vuzix is one company already shipping product into different
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What Next for Dynex Capital Inc (NYSE:DX) Stock After Increase in Shorted Shares?

April 25, 2018 – By Bradley Stiles. Investors sentiment increased to 2.31 in 2017 Q4. Its up 0.28, from 2.03 in 2017Q3. It is positive, as 6 investors sold Dynex Capital, Inc. shares while 26 reduced holdings. 28 funds opened positions while 46 raised stakes. 27.04 million shares or 24.01% more from 21.81
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Report: ProMedica and Welltower make $2 billion bid for real estate trust

(TOLEDO) – Reuters reports two major Toledo companies have combined to make a bid worth $2 billion to acquire a real estate trust business. ProMedica and Welltower have expressed interest in buying Quality Care Properties according to sources cited by Reuters. Quality Care Properties is
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Lending Club misled customers about hidden fees, regulators say

Lending Club misled customers about hidden fees and took money from their accounts without authorization, regulators say. The Federal Trade Commission said the company, which connects borrowers to investors without banks in the middle, “lures” customers with the promise of no hidden fees.
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Fintech: Deposit Solutions shows potential of open banking

“It's more like the beta phase – in tech terms – of open banking,” he says. “That's where we are right now. The promise is great. There's some tech out there. But it still needs to be proved.” However, don't tell that to Deposit Solutions. The Hamburg-based provider of an open-banking platform that lets
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California real estate firm buys Las Vegas apartment complex

A California real estate firm has bought an east Las Vegas apartment complex. OpenPath Investments, which says it follows a “socially responsible investment platform,” acquired the 304-unit Desert Ridge complex at 7055 E. Lake Mead Blvd., past Hollywood Boulevard at the valley's eastern edge.
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Deutsche Bank Likely to Post Lower Profit as New CEO Takes Control

A report due out Thursday from the Frankfurt-based Deutsche Bank could show that profit fell to 377 million euros in the period, or 28 cents a share, according to the FactSet survey of 27 analysts. Return on tangible equity — a key measure of bank profitability — was an estimated 4.7%, less than a third of
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Lending Club Tumbles on FTC Accusations

Customers who borrow money through Lending Club find themselves “hundreds or even thousands of dollars short of expectations due to a hidden up-front fee that [the company] deducts from consumers' loan proceeds,” the FTC alleged in the complaint, which was filed in the U.S. District Court of
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Ford's Audacious Plan to Save $25 Billion: Cut Every Car Except These Two Models

Ford Motor Co. is sharpening its cost-cutting knives and cleaving another $11.5 billion from spending in the coming years to reach an elusive profit margin target ahead of schedule. The automaker now expects to save $25.5 billion by 2022, Chief Financial Officer Bob Shanks told reporters Wednesday
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Ex-UBS Metals Trader Beats Spoofing Conspiracy Charge

The following year, Chan, 35, testified he left for the bank's office in Singapore, where he struck up a friendship with a trader at Deutsche Bank AG and the two engaged in a separate conspiracy to manipulate markets. The other cooperator, Sergio Soler, worked at the bank's Zurich and London offices.
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You may have to work until 70 to afford a house

Mortgage rates have a huge influence on affordability and, unfortunately for buyers on the fringe of affordability, they're headed higher. RateSpy.com reported on Wednesday that some non-bank mortgage lenders and credit unions had just raised the rates on the popular five-year fixed rate by 0.1 to 0.15
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BRIEF-Colony Northstar Credit Real Estate's Units Entered Amended And Restated Contract …

BRIEF-Colony Northstar Credit Real Estate's Units Entered Amended And Restated Contract …

April 25 (Reuters) – Colony Northstar Credit Real Estate Inc : * COLONY NORTHSTAR CREDIT REAL ESTATE – ON APRIL 20, 2018, UNITS ENTERED AMENDED AND RESTATED MASTER REPURCHASE AND SECURITIES CONTRACT AGREEMENT. * COLONY NORTHSTAR CREDIT REAL
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Financial sector's performance dips on reduced lending

Banks reacted to the interest rate cap by cutting their lending to key sectors even as they found a widened window to lend to the Government. According to KNBS data, domestic credit by the banking system rose by 7.9 per cent to Sh3.25 trillion. However, most of the growth was due to lending to the
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Live Oak Bancshares, Inc. Reports First Quarter 2018 Results

WILMINGTON, N.C., April 25, 2018 — Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported first quarter net earnings available to common shareholders of $12.5 million, or $0.30 per diluted share, compared to $6.1 million, or $0.17 per diluted share, for the first quarter of
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3 New Mexicans to know who are good with growth

He's now leading the New Mexico entry of Plum Lending, a San Francisco-based firm that specializes in commercial real estate lending and loans from $1 million to $25 million. Gabaldon said Plum, which was founded in 2014, has chosen the Albuquerque and New Mexico market, along with Madison,
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Ropes & Gray to Elevate Real Estate Pro David Djaha to Managing Partner

Ropes & Gray announced Wednesday that New York-based real estate partner David Djaha has been selected as its next managing partner, beginning in 2020. The official statement comes just five months after the firm announced that corporate partner Julie Jones would become the firm's next chair.
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Boeing, Twitter Keep The Hits Coming, But Pressure Could Spill Into New Day

The fear is that some people might hear about higher rates and decide not to buy a house after all. Home builders are dealing with something that's more of a psychological factor than a reality factor, as “3%” was made out to be the boogeyman of the markets. Historically, though, it's not all that high.
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You may have to work until 70 to afford a house: Mortgage rates are heading higher

Prices are flat or weaker in other cities, but there's little to no improvement in affordability, thanks to mortgage-rate increases like we're seeing this week. On top of all this is the tough stress test buyers must take to ensure they can afford a spike in borrowing costs. A full-on housing-market crash would
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$2.2 billion real estate tech company enters the Puget Sound region market

A fast-growing real estate technology company called Compass is opening in the Puget Sound region. Led by a well-connected CEO, Compass is partnering with residential brokerage Northwest Group Real Estate (NWG). Compass has 14 full-time employees in Seattle and plans to open permanent
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10 Cities With The Highest Mortgage Denial Rates

Nearly one in 10 borrowers get denied for mortgages and 8 percent of loan applications are denied on a national level, according to an analysis by LendingTree, which looked at data from more than 10 million mortgage applications. LendingTree used the most recent available Home Mortgage
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Real estate prices continue march upward

The noticeable contraction of brick-and-mortar retailers in the Internet Age hasn't produced much of an easing in restaurant operators' real estate costs, but it does offer brands a chance for more marquee sites. Landlords from big shopping malls to neighborhood lifestyle centers in the past year have
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Could Dynex Capital Inc (NYSE:DX) Change Direction After More Shorts?

April 25, 2018 – By Hazel Jackson. Investors sentiment increased to 2.31 in Q4 2017. Its up 0.28, from 2.03 in 2017Q3. It increased, as 6 investors sold Dynex Capital, Inc. shares while 26 reduced holdings. 28 funds opened positions while 46 raised stakes. 27.04 million shares or 24.01% more from
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Who are today's homebuyers?

Many experts often blame the lack of Millennials in the housing market to their choice to delay having a family. This lack of life events, getting married, having children, etc., also serves to keep them renting longer than previous generations – or so experts say. As it turns out, having children may be
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Subway Plans to Close 500 US Stores, Build Global Reach

Subway Restaurants, the world's most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with thousands of locations, closely held Subway is retrenching. This year, the sandwich purveyor is planning to shut about 500 more of its U.S. shops.
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Capstead Mortgage Corporation Announces First Quarter 2018 Results

The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government,
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Lending Club accused of duping borrowers over fees

A US regulator has charged Lending Club with duping consumers by concealing “hundreds or even thousands of dollars” in hidden, upfront fees, among a catalogue of failings. In an action announced on Wednesday, the Federal Trade Commission charged the online lending platform with falsely
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TSB internet banking operating at 50% capacity, says boss

“The challenge we are facing at the moment is that while we know everything is working, one of the main ways that our customers see everything is working – through our internet banking and mobile app – isn't functioning as well as it should be, and for this I'm truly sorry. I can appreciate how frustrating
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Why a Billionaire Is Blocking People From His Beach

Billionaire venture capitalist Vinod Khosla is fighting for the right to keep the public off his beach. He's hoping the U.S. Supreme Court takes up his case. (Source: Bloomberg). RELATED ARTICLES. Billionaire Khosla Is Asking the Supreme Court to Keep People Off His Beach · Terms of Service
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Are Investors Shying Away from Shares of Investors Title Company (NASDAQ:ITIC) or Preformed …

Moving 0.55% from the most recent open, shares of Investors Title Company (NASDAQ:ITIC) have landed on investor watchlists as the latest bid puts the equity at $194.30. After a recent check, shares of Investors Title Company (NASDAQ:ITIC) have been seen trading -7.45% off of the 50-day high and
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Your local post office could become a bank if this bill passes

Senator Kirsten Gillibrand, D-N.Y., is proposing legislation aimed at putting an end to current payday lending practices by giving some banking services a new home: the U.S. Post Office. The legislation, called the Postal Banking Act, would make retail banking services available at all U.S. Postal Service
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Macron Tells US Turning Its Back on World Is Bigger Risk

… the U.S. not to turn inward as he listed a host of threats facing the world from climate change and rogue nuclear weapons to inequality and fake news. … its trading partners, the French leader set out an alternative world view in which nations act together to control dangers and help the middle classes.
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LendingClub plunges after the FTC charges the online lender with 'deceiving customers'

LendingClub plunges after the FTC charges the online lender with 'deceiving customers'

LendingClub plunged as much as 17 percent on Wednesday after the Federal Trade Commission alleged that the online lender “deceived customers” on its fee structure. LendingClub sold users on loans with “no hidden fees,” but actually collected “hundreds or even thousands of dollars in hidden
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LendingClub Drops as FTC Calls `No Hidden Fees' Slogan Deceptive

Once heralded as an innovative firm that would disrupt lending, the venture sold shares to the public in 2014 and soon soared to a more-than $10 billion market valuation. But it has struggled with a series of scandals in recent years. In 2016, its founder and then-CEO, Renaud Laplanche, resigned amid
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After Botched Closing, Homebuyer Can't Sue for Burst Pipe, Court Rules

In a case that drew the attention of bar groups and the land title industry, a state appeals court has declined to recognize a legal malpractice cause of action for failing to advise a property buyer of the importance of homeowner's insurance. The Appellate Division, in its decision Monday in Bianchi v.
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Wednesday 4/25 Insider Buying Report: EAF, TRCB

On Monday, GrafTech International's Director, Brian L. Acton, made a $75,000 purchase of EAF, buying 5,000 shares at a cost of $15.00 a piece. Acton was up about 4.9% on the purchase at the high point of today's trading session, with EAF trading as high as $15.73 in trading on Wednesday. GrafTech
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Travis County wants to know where housing market misses the mark

Travis County wants to contribute to a multi-agency study on the area's housing portfolio, gaps and needs. Travis County commissioners on Tuesday approved starting discussions with the city of Austin, the Housing Authority of Travis County and the Travis County Housing Finance Corporation about
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Company Title Conversion

Strata title is a familiar concept for most residential property owners. However, prior to the introduction of the first strata title legislation in New South Wales in 1961, company title was the principal form of residential apartment ownership in apartment buildings. What exactly is Company Title?
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What You Must Know About Reliv' International Inc's (NASDAQ:RELV) Major Investors

Today, I will be analyzing Reliv' International Inc's (NASDAQ:RELV) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. Differences in ownership
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Paying for long-term care: private financing options

It is divided into two parts, personal funds and public programs, and private financing options, outlined below. The basics: How people pay for long-term care — whether delivered at home or in a hospital, assisted living facility, or nursing home — depends on their financial situation and the kinds of
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Watch The Breakdown, Fortune's New Live News Show

Watch our new weekly news show, The Breakdown, for a quick dive into some of the week's most compelling topics by reporters and editors from Fortune, Time, Money, and Sports Illustrated. This week's broadcast includes a discussion of whether Starbucks closing its stores to give employees
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How Brock Lesnar could fall short of breaking an impressive world title record

Having held the title for over one year now, WWE fans are generally in agreement that The Beast is finally going to drop the championship on Friday, April … However, should Reigns defeat Lesnar in the Middle East, then the latter will fall short of breaking a 'record' in the WWE which the company would
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Austin-area home starts up 13.1% in 1st quarter

“Austin continues to ride the wave of buyer demand into the spring selling season,” said Vaike O'Grady, Austin regional director for Metrostudy, which tracks housing markets locally and nationally. “There's no evidence of any slowing in demand, especially for homes with base prices below $300,000.
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The Top Still Isn't In For Mortgage Rates

Mortgage rates had another rough day as they continued moving up into new 4-year highs. Unlike the extremely mild and uneventful day-to-day changes seen for most of the past 2 months, rates are actually putting some distance between themselves and the March plateau. Whereas a well-qualified
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Mandarin-speaking robot to help sell Aussie real estate to Chinese

The 'Butler 1' robot will be loaded with real estate data and have technology that allows real estate agents who don't speak Mandarin to be able to assist potential Chinese buyers. Juwai CEO Carrie Law said the service would provide better service to Chinese international property buyers. “The robot is
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Predatory Home Sellers Seek Uninformed Buyers, Study Finds

ATLANTA—The Contract-for-Deed (CFD) home “sale,” a predatory financing practice with a notorious urban history, has reemerged in predominantly black neighborhoods 30 years after federal laws were created to end the practice, according to research by Georgia State University urban policy expert
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Blue Top Capital targets capital inefficiency in the residential market through its model leaseback …

BERKELEY HEIGHTS, N.J., April 25, 2018 (GLOBE NEWSWIRE) — Blue Top Capital announced its intent to dramatically scale its model leaseback program to address some of the current capital market inefficiencies hampering the housing market. After closing its $6M inaugural model leaseback
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AGNC Investment (AGNC) Given Coverage Optimism Rating of 0.10

… by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively,
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What's one real estate trend to watch in 2018?

The Business Record hosted its annual Commercial Real Estate Trends and Issues Forum this morning at the Curate in Des Moines. Five of the region's key real estate professionals provided insight into future hot spots, emerging opportunities, trends and the challenges facing the region's commercial
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Trump Travel Ban Looks Poised for Victory at US Supreme Court

The U.S. Supreme Court appeared poised to uphold President Donald Trump's travel ban as two key justices used an argument session to aim skeptical questions at a lawyer challenging the policy. Hearing the last case of its nine-month term Wednesday, the court took its first direct look at a policy that
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A lending site where you can rent anything from tampons to expensive drones and cameras just …

Fat Lama, a lending site that lets users rent and lease goods, just raised $10 million for its Series A. The site, which kicked off in the UK two years ago, recently launched its first stateside offering in New York. While Fat Lama typically offers equipment like drones, printers, and cameras, some more
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Well-funded real estate tech company Compass opens Seattle-area offices

Well-funded real estate tech company Compass opens Seattle-area offices. by Nat Levy on … Compass has 14 employees working out of a temporary office in Seattle, and the company is teaming up with Seattle-based brokerage Northwest Group Real Estate to offer its products to brokers. Some of its
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Revolutionary Real Estate Tech Brand Launches in Toronto

Revolutionary Real Estate Tech Brand Launches in Toronto

Nobul is the peak of an international quest to evolve the buying and selling experience. A modern fixture designed to disrupt, Nobul is setting a new standard in real estate. By flipping the script and opening a door to new possibilities, Nobul is redefining what buying and selling real estate means for
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Exotic exports: How LatAm's fund shops are winning over global investors

Credicorp Capital, a $9.4 billion investment management group, features on the growing list of Latin American asset managers working to export their funds and regional expertise to overseas investors, particularly those in developed markets. This initiative is in part an attempt to capitalize on the appeal
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TRANSACTIONS: Meridian inks $8M Flushing loan, GCP arranges $30M in loans

Meridian Capital announced the following transactions: • A new mortgage in the amount of $8,300,000 on a 68-unit multifamily property located on 148th Street in Flushing, NY. The loan features a rate of 3.75% and a seven-year term. Joseph Taub and Eric Chapek negotiated this transaction. • Two new
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Genworth cuts its mortgage insurance rates

The company announced two rate adjustors, co-borrower and debt-to-income ratio, for the monthly borrower paid mortgage insurance plan. The new price reductions will go into effect on June 4, 2018. “Our goal is to implement prudent pricing solutions that increase homeownership opportunities for
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5 things to know, and where Sacramento ranks for real estate agents

That's where Sacramento ranks on a new list of the best places to be a real estate agent, released Wednesday by personal finance website WalletHub. The list, which focuses on residential real estate, evaluated more than 170 U.S. cities based on factors including job opportunities in real estate and the
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County Commissioners wrestle with proposed septic regulations

The department proposes to require septic inspections for all homes prior to title transfer in an effort to find failing septic systems in the county that currently slip under the radar. The Colorado State Health Department requires all counties to update septic regulations by June of this year. According to
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Banking Royal Commission blues

The Abbott and Turnbull governments will be remembered for their Royal Commissions, both those they inherited from Julia Gillard, into Institutional Responses to Child Sexual Abuse, but also their own into Trade Union Governance and Corruption and now into Banking and the Financial Services
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Melanie Griffith Explains Why You Should Buy Her Aspen Mansion

It took actress Melanie Griffith “about six years” to get her then-husband Antonio Banderas to try skiing in Aspen, she says, “but the minute he tried it, he liked it so much he was like, 'Go find us a house.'” Griffith began touring various residences starting in 2002, but says, “I just wanted to spend $5 million
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Ninth Circuit Rules That a Joint Plan for Multiple Debtors Can Be Confirmed Over the Objection of …

In order to finance their 2007 acquisition, (1) the two hotel debtors, Transwest Hilton Head Property and Transwest Tucson Property obtained a $209 million loan from a mortgage lender; and (2) the two mezzanine debtors, Transwest Hilton Head II and Transwest Tuscon II, obtained a $21.5 million loan
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Comcast Starts Bidding War With 21st Century Fox for Sky

For Comcast, buying Sky would accelerate its international expansion plans, and give its NBCUniversal arm a more global platform. But perhaps as important, it would complicate Fox's plan to sell the bulk of its businesses to Disney for $52.4 billion. Comcast had made a bid for Fox that was 16 percent
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CFPB Director Mick Mulvaney Urges Bankers to Pay for Influence

Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau, is not shy about the relationship between money and politics. “We had a hierarchy in my office in Congress,” Mulvaney, a former Republican representative for South Carolina's 5th District, told 1,300 bankers and lending
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Rage at Globalism Is Just the Beginning

Workers everywhere fear lost jobs and wages. Citizens fear surging waves of strangers who change the face and voice of the country they know. They also fear terrorists and criminals who kill for reasons no one can understand. They fear that the government cannot or will not protect them. Then, the call
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Rosows' North End custom home on lakefront brings $21 million: MLS

Broker Christian J. Angle of Christian Angle Real Estate had the house at 1460 N. Lake Way listed for nearly two years. It was priced at $24.9 million, down from the $28.5 million price tag it carried when it entered the market in May 2016. Brown Harris Stevens agent Ashley Copleland represented the
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Trump plan would raise rent for millions in public housing

The Department of Housing and Urban Development is asking Congress to raise the rent paid by public housing residents to 35 percent of income from the current 30 percent. The plan would also eliminate income deductions that could lower the rent. Elderly and disabled tenants would be exempted.
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NY Updates Insurance Company Disaster Response, Recovery Plan Requirements

It also directed property and casualty companies to file responses to a Pre-Disaster Data Survey by May 19, 2018. The updated guidance for property and casualty companies now additionally requires mortgage insurers and title insurers to file a disaster response plan and questionnaire by September
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Fortune names 2018 'Best Companies in Consulting and Professional Services'

Fortune magazine, with the help of human resources research and consulting firm Great Place to Work, recently announced its 2018 ranking of the Best Companies in Consulting and Professional Services, which featured a number of national accounting firms and related organizations. Utilizing
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Video: 'The Roof We're Sitting Under' about Marie Ann Glass v. Nationstar Mortgage et al.

A Florida Supreme Court case that could affect attorney income is getting widespread attention and attracting participation from firms not involved in the litigation. Twelve firms and legal aid groups have weighed in with amicus briefs in Marie Ann Glass v. Nationstar Mortgage et al., which centers on the
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Compass acquires Conlon Real Estate

Compass has made its first brokerage move in Chicago. The New York-based brokerage, which set up shop in Chicago late last year, has brought in luxury brokerage Conlon Real Estate, according to a press release. Compass' local agent count will nearly triple its count to nearly 300 as a result of the
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Colombia looks to revise debt composition amid transitional year

To increase Colombia's reliance on local capital markets, the central bank has welcomed participation from foreign investors buying into Colombian bonds. According to Cárdenas, this participation has increased to 26% from 3% since 2012 and local corporate issuers have also started seeking more
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London house prices creep up as northern cities drive UK growth

House prices in London have crept up 1.6 per cent in March, according to the latest data from property analyst group Hometrack. The group's UK Cities House Price Index for March 2018 showed that house prices in UK cities were up 5.5 per cent overall, with the country's northern urban centres driving
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What Is an Incel And Why Are People Talking About Them?

What Is an Incel And Why Are People Talking About Them?

Before he allegedly drove a van into a Toronto crowd, killing 10 people and injuring more than a dozen others, Alek Minassian made a Facebook post announcing (among other things) that “The Incel Rebellion has already begun.” It used a term that had many people scratching their heads. What was
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Rockford Homeowners Could Qualify For Mortgage Relief Program

The Illinois Housing Development Authority is working with BMO Harris Bank on a mortgage relief program for Rockford homeowners. The state's I-Refi program allows homeowners who owe more on a mortgage than their home is worth to refinance their loans based on a house's current appraised
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Mortgage Investment Platform Unison Expands to Ten New States

EXCLUSIVE— Mortgage investment platform Unison is expanding to ten additional states, following strong origination growth and new marketing, engineering hires, the company announced today. The expansion comes after the company (which allows customers more flexibility in choosing a home by
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Why Comcast's Wireless Service Hasn't Shaken Up the Market – Yet

Get Data Sheet, Fortune's technology newsletter. The level of customer defections, called churn in the industry, has not risen despite Comcast's service and heavy ad campaign. Verizon just reported that its total retail postpaid churn rate dropped to 1.04% in the first quarter, down from 1.15% a year
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Banking heiress Kate Rothschild victim of a £500000 jewellery burglary while her children slept

Kate Rothschild, the banking heiress, has been left devastated after burglars broke into her home and made off with half a million pounds worth of jewellery. Raiders entered the property in Barnes, south west London, while her children were asleep and after locating her bedroom, stole a large box
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Lending Club deceived customers with 'no hidden fees' loans, FTC alleges

The Federal Trade Commission filed a lawsuit charging Lending Club with deceiving customers into loans with a false promise of “no hidden fees.” The FTC also alleged that the peer-to-peer online lender double-charged consumers in some months and occasionally continued to charge customers who
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BRIEF-Freddie Mac Announces $497 Million Seasoned Loan Structured Transaction

April 25 (Reuters) – Federal Home Loan Mortgage Corp : * FREDDIE MAC ANNOUNCES $497 MILLION SEASONED LOAN STRUCTURED TRANSACTION. * FREDDIE MAC -ABOUT $497 MILLION SEASONED LOAN STRUCTURED TRANSACTION OF A POOL OF SEASONED RE-PERFORMING
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Comcast challenges Murdoch with rival bid for UK-based Sky

Sky is based in London and has pay-TV operations across Europe, offering a platform for U.S. companies like Comcast and Fox to expand abroad. Fox, which already owns 39 percent of Sky, offered to buy the rest of the shares last June, triggering concerns the deal would give Murdoch too much control
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Mick Mulvaney and the long, slow death of the CFPB

In my four-plus years with HousingWire, I've received more than 400 official communications directly from the bureau, and as far as I can tell, this was the first time that the bureau had ever been referred to as the Bureau of Consumer Financial Protection in an official capacity. In his official response to the
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Banks remain optimistic about growth of corporate lending – NBU survey

Ukrainian banks maintain positive expectations regarding the growth of corporate lending, as well as lending to the population over the next 12 months, according to the Survey on Credit Conditions posted on the website of the National Bank of Ukraine (NBU). According to the central bank, 76% of the
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Cheyenne Couple Sue Over Alleged Theft Of Money From Home Sale

A pair of Cheyenne residents have filed a lawsuit against a title company and a real-estate agency for alleged negligence and breach of contract after a scam … Gregory and Collen Nicklas claim Summit Title of Cheyenne acted as the closing agent for the sale of the Nicklases' home and were to wire the
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Form DEF 14A UWHARRIE CAPITAL CORP For: May 08

2011. Vice President of Construction Sales, AvidXchange, Inc., Charlotte, NC (a provider of on-demand accounts payable. Management and automated payment solutions). Tara G. Eudy. (51). 3 years. Director. 2005. President and Treasurer, Carolina Title Company, Inc., Wadesboro, NC. Allen K. Furr.
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The IMF is Freaking Out. Should You?

If prices and lending tank in foreign markets, it will likely blowback here in the U.S. with tighter lending standards, falling house prices, and surging defaults and foreclosures. That's particularly true for high-priced markets with more international owners and investors, such as large Northeastern and
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Rising mortgage rates not stopping homebuyers

NEW YORK (CNNMoney) – Homebuyers are proving to have some pretty thick skin. Home prices are still rising, supply is getting leaner, mortgage rates are going up and competition is intense. Yet despite all the headwinds, buyers seem to be largely resolute. “Buyer demand is still there and strong,”
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Home Values Remain Lower in Historically Redlined Areas

The agency created appraisal sheets and so-called “Residential Security Maps” that marked off areas deemed “hazardous” for mortgage origination—and many of these areas were predominantly black communities. The practice, which became known as redlining due to the crimson borders drawn on
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Mulvaney Urges Banking Industry To Help Curb CFPB Power

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, urged executives in the banking industry to put pressure on lawmakers if they want to see their agendas realized, even saying as a lawmaker he would meet only with lobbyists that had contributed to his campaign.
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Sales are going to be down this year but it won't be because of mortgage rates, says Redfin CEO

Redfin CEO Glenn Kelman discusses inventory being the problem in the housing market rather than rising mortgage rates. Watch CNBC Live TV. You May Like. ‹ › Latest Video. ‹ 01:40. Commission on College Basketball proposes reforms. 01:40 | 31 Mins Ago. Commission on College Basketball
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Bethpage Federal Credit Union Mortgage Review 2018

Bethpage offers members access to a nonprofit service, Balance, that delivers free money-management webinars, housing workshops and pre-purchase, reverse-mortgage and foreclosure-prevention counseling. Another credit union resource, My Money 101, is a free online financial education course
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What Happens When a Self-driving Car Is at Fault?

March 18 changed everything—and nothing—in the frenzied and nascent world of autonomous vehicles. That Sunday evening, in a Phoenix suburb that has become a hub for testing autonomous vehicle technology, an Uber self-driving vehicle struck and killed pedestrian Elaine Herzberg. The vehicle
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Capitala raises $1 bln senior debt lending vehicle

Capitala Group raised $1 billion for a permanent capital lending vehicle called Capitala Specialty Lending. The funding is in addition to the $1.4 billion Capitala invested in businesses over the past 20 years. The lending pool will provide senior debt and equity co-investments across Capitala's family of
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