Indiabulls Real Estate Q4 profit surges to Rs 1648 cr

Indiabulls Real Estate Q4 profit surges to Rs 1648 cr

Indiabulls Real Estate today reported nearly 21-fold jump in consolidated net profit to Rs 1,648.3 crore for the quarter ended March. Its net profit stood at Rs 79.8 crore in the year-ago period, the Mumbai-based developer said in a BSE filing. The company's total revenue also rose to Rs 2,028 crore in the
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LSEG releases Q1 2018 results

The London Stock Exchange Group's (LSEG) Q1 total income was up 13 percent year-on-year to £520 million on an organic and constant currency basis. The exchange reported that information services revenues were up 16 percent from Q1 last year with continued double-digit growth at FTSE Russell.
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What 10 year Treasury yield at 3% means for average mortgage rates

The yield broke through the 3% ceiling in the early morning hours of April 25 but it is unlikely mortgage rates followed in lock step. “There's a lot of competition for not a lot of lending activity. And the industry has learned over the last couple of years that too rapid of a rate increase results in sticker shock
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Housing sales declining

CHAMPAIGN COUNTY, Ill. (WCIA) — Rising mortgage rates are hurting the housing market in the county. The Champaign County Association of REALTORs reports a total of 207 closed sales in March 2018, down over 2 percent from last March. The median home sales price fell nearly $5,000 from
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Here's how to tell your own fortune right now using the spooky art of stichomancy… and all you …

Kerry King uses tarot and star sign wisdom to create inspiring forecasts and insights, with over 20 years fortune telling experience, and many happy clients all over the world. You can book a personal, written reading, which comes as a beautifully illustrated brochure, at www.kerrykingtarot.etsy.com.
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New Home Sales Rise; Weekly Mortgage Applications Falter

Recent gains in mortgage applications retreated as rates rose sharply for the week ending April 20, according to the Mortgage Bankers Association (MBA). Total mortgage applications fell 0.2% on a seasonally adjusted basis from the previous week. Purchase applications remained unchanged, but
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Bombardier C Series Set to Become Just Another Airbus After Deal

Best Credit Cards For Balance Transfers in 2018Compareacards.com By LendingTree · Tophatter · It's Like eBay, But Everything Sells in 90 Seconds.Tophatter · Kelley Blue Book · The 10 Most Comfortable Cars On The Market, All Under $30KKelley Blue Book. LIVE ON BLOOMBERG. Watch Live TV
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Median Bay Area Housing Price Hits $820K

ALSO READ: Burned Out Mountain View Home On The Market For $1.48 Million. Santa Clara County is currently seeing the highest rate of change in year-over-year estimates, according to CoreLogic. Median home prices jumped 33.6 percent from $898,000 in March 2017 to $1.2 million in March 2018.
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Refi applications hit almost 10-year low on interest rate growth

Mortgage applications dipped as key interest rates grew to their highest level in five and a half years, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey. The Market Composite Index declined 0.2% on a seasonally adjusted basis for the week ending April 20.
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Mortgage Borrowers All In as Bidding Wars Break Out

With mortgage rates increasing, home prices on the upswing and a dearth of affordable properties, spring home buyers are going all in on the amount of money they are borrowing in hopes of winning the bidding wars that are breaking out in some segments of the country. According to a report by CNBC,
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Why Schwab's CEO Bets You Won't Be Trading Stocks on Amazon

“In our business the markets don't just go up; markets go down too,” he said in the Bloomberg TV interview. “If you have an exceptionally successful business model and you're one of the FAANGs, do you want to move into a business where 40 percent of the time you're going to disappoint your clients?”.
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QSE gains on strong buying interests of foreign funds

Strong buying interests of foreign funds and the bullish outlook of their domestic counterparts on Wednesday helped the Qatar Stock Exchange drive through positive trajectory, albeit at lower levels. Transport, insurance, banking and realty counters witnessed higher-than-average demand as the
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Lending a Hand: Bama DL could head to Cowboys

(NEXSTAR) – The Dallas Cowboys defensive line took a small step forward in 2017 with the elite play of Demarcus Lawrence, however, they are still looking for another bookend to make plays. Da'Shawn Hand could be that guy. Experts project the defensive lineman to be taken in the second round.
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Whitbread to Spin Off Costa Coffee, Bowing to Activists

Whitbread's Costa business could be valued at 2.39 billion pounds ($3.3 billion), according to the median estimate of nine analysts surveyed by Bloomberg News. The planned spinoff comes as competition among the world's biggest coffee companies heats up, with Nestle SA acquiring Blue Bottle
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BRIEF-US FTC Charges Lending Club With Deceiving Consumers

April 25 (Reuters) – U.S. FTC -. * U.S. FTC CHARGES LENDING CLUB WITH DECEIVING CONSUMERS. * CHARGED LENDINGCLUB WITH FALSELY PROMISING CONSUMERS LOANS WITH “NO HIDDEN FEES,”. * LENDINGCLUB DEDUCTED HUNDREDS OR EVEN THOUSANDS OF DOLLARS
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Ares Commercial Real Estate Corporation Schedules Earnings Release for the First Quarter Ended …

NEW YORK–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the first quarter ended March 31, 2018 on Tuesday, May 1, 2018 prior to the opening of the New York Stock Exchange. The Company invites all interested
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Money is no object: Home prices in Greater Cincinnati's most expensive neighborhoods top out …

In cities like Seattle, Los Angeles, even Nashville, luxury home sales are booming with the rise of billion-dollar tech start-ups, newly minted millionaires and increasing investment from well-heeled foreign buyers. In Cincinnati – not so much. The dynamics driving the luxury market in other cities just aren't
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Are Rising Mortgage Rates a Threat to US Housing?

Mortgage rates at a 4-year high could be weighing on America's housing market. Mortgage applications dropped last week for the fourth time since mid-March, down 0.2 percent, as the average 30-year fixed loan rate rose to 4.73 percent, according to the Mortgage Bankers Association. The trend raises
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Mortgage, title insurers must file disaster plans with New York

Mortgage and title insurance companies licensed in New York need to file disaster response plans this year in line with increased state attention to business continuity planning. The New York Department of Financial Services previously directed property and casualty companies to fill responses to a
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Huawei Is Under Investigation for Violating Iran Sanctions: Report

Congress also proposed blocking Huawei from government contracts and urged phone carriers to cut ties with the company due to national security concerns. The DOJ said it “generally does not confirm, deny, or otherwise comment on the existence of investigations.” Fortune also reached out to Huawei
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House Hunting in … France

House Hunting in … France

The former French president François Hollande's government “wasn't very attractive for foreign investors,” Mrs. Chaleil said, but the recovery has been aided by the election in 2017 of the current president, Emmanuel Macron, which has helped to bring back both French and international buyers.
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Sorry Folks, No More Emotional Support Goats on Alaska Airlines

If you're planning to take a trip with your emotional support goat, salamander, or hedgehog on Alaska Airlines, you're going to need to travel by May 1. The airline has updated its policy on emotional support animals, banning amphibians and animals with hooves, tusks, or horns. Not banned? Miniature
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Oppenheimer Expands Its Global Technology Media And Communications Investment Banking …

LONDON, April 25, 2018 /PRNewswire/ — Oppenheimer Holdings Inc. (NYSE: OPY) is pleased to announce the appointment of Ramon De Paz as a Managing Director in the Global Technology, Media and Communications Investment Banking group. Ramon will be based in London and report to Max
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Jack Ma Says Nations Need Tech to Sidestep US Grip

Alibaba co-founder Jack Ma argues that nations from Japan to China need to develop their own semiconductor technology to get around America's grip on the global chip market. The billionaire executive chairman of Alibaba Group Holding Ltd., explaining the e-commerce titan's growing interest in chips
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EUR/USD En Route to 1.16? Analysts Warn Downturn on the Cards as US Yields Top 3% and ECB …

This could have profound implications for the Euro and other “low yielding” currencies because, traditionally, international investors have tended to park their money wherever relative interest rate returns have been more favourable. In the current context, this could see investors selling Euros and buying
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Video: Office Roundtable – 2018 Annual Real Estate Magazine

… of real estate and development in Greater Des Moines: Office, retail, industrial,land and residential. Senior Staff Writer Kent Darr then wrote summaries of each discussion and put together Q&A style stories for our Annual Real Estate Magazine. The magazine was distributed at our April 25 CRE Trends
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Boeing Climbs as Higher Profit Outlook Soothes Trade-War Jitters

Boeing Co. gained after the largest U.S. industrial company smashed profit estimates and boosted the forecast for this year's cash and earnings. The strong performance in a traditionally weak quarter for planemakers reassured investors, spooked by Caterpillar Inc.'s commentary Tuesday, that perhaps
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Reviewing the Risks In WeWork's $500 Million Bond Deal

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Real estate machinations have been a regular feature of a career in media over the past decade. Aaron in for Adam today, thinking about my current base of
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Rapid Startup Growth in These 4 Cities Has Led to Big Changes in Commercial Real Estate

According to PwC's “2018 Emerging Trends in Real Estate — U.S. and Canada,” Seattle is set to become the strongest real estate market in the country this year. Driven by a massive influx of young, highly educated new residents — the city's population growth rate is twice the national average, and the
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The Best City for Real Estate Agents Is …

A word of advice for those planning careers as real estate agents: Go West! According to a new study of 179 markets by WalletHub, California and Washington occupy seven of the top 10 rankings for the best markets to pursue a real estate agent career. San Francisco topped the list, followed by Seattle
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10 tips for charming your way into a successful real estate career

How great would the world be if everyone we ran into was charming? Just imagine a life free of negativity and overflowing with life-affirming enthusiasm. You can't persuade others to be more charming, but you can add your own bit of charm to the world and improve your life — and others' — in the
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Banking on bonuses leads to scandalous selfishness

To what extent has the banking industry's dishonesty been the result of massive performance bonuses dangled in front of senior executives (“Falsifying client forms 'normal' “, April 25)?. If I am personally going to lose several million dollars unless I squeeze every last dollar from my customers, maybe I
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Fifth Third Reports Impact of Second Year of Five-year $30 Billion Community Commitment

The Community Commitment, developed in collaboration with the National Community Reinvestment Coalition (NCRC), positively impacted the communities served by Fifth Third through mortgage lending, small business lending, community development loans and investments, and Fifth Third Impact
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Bank of China HK Uses Blockchain for 85% of Real Estate Valuations

Bank of China Hong Kong (BOCHK) is currently using blockchain technology for almost all its real estate appraisals in a broader push towards smart banking and fintech, bank officials said this week. Rocky Cheng Chung-ngam, the general manager of BOCHK's IT department, said the bank was already
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The Five Biggest Financings of the Year

The debt for that building came from some of the market's biggest mortgage lenders: Wells Fargo, Deutsche Bank, HSBC, Bank of China and Sumitomo Mitsui Banking Corporation. The deal is set to fund ongoing construction at the site. Related CEO Jeff Blau said that the transaction represented the
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Persimmon pockets profits despite housing market woes

“Increasing profits, a sizeable bank of land ready for development and a housing market with a supply-demand imbalance mean things don't get much better for Persimmon. In a funny sort of way, that's the worry. After all, history tells us these conditions won't last forever. However, the group has learned
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Blog: GSE reform remains elusive

It envisioned a new system with several entities resembling smaller-scale versions of Fannie Mae and Freddie Mac that would purchase and securitize … Crapo said the Trump administration could make some internal changes to Fannie Mae and Freddie Mac and the secondary market, but added that “I
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TSB customers unable to access accounts despite assurances

TSB customers are experiencing problems accessing their accounts for a sixth day, despite assurances from the bank's chief executive that its internet and mobile services were up and running. As one of the biggest technology crises for years in Britain's banking sector rumbled on, some distressed
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Metro Bank exceeds £10bn in lending

During Q1 2018, Metro reached £3.47bn worth of commercial loans to customers, up 53% on last year, while residential mortgage lending hit £7.3bn, an 82% increase on Q1 2017. Craig Donaldson, CEO at Metro Bank (pictured above), said that it would continue to find new ways to make its customers'
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L2 Capital Sells Real Estate Services Platform

DEVON, Pa.–(BUSINESS WIRE)–L2 Capital is pleased to announce the sale of reQuire Holdings, LLC to LenderLive Services, LLC on April 11, 2018. This transaction represents the successful realization of L2's 2014 investment in reQuire Holdings, a diversified real estate services platform. Under L2's
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Franklin Township Chamber of Commerce Brings Back Golf Outing to Benefit High School Seniors

Franklin Township Chamber of Commerce Brings Back Golf Outing to Benefit High School Seniors

“The golf outing is one of the main events this year for our chamber members and our sponsors,” FTCOC President and Two Rivers Title Company Manager, Juanita Painson said. “It is an occasion to meet old friends, build new relationships, and to get your name out to members of the community.”.
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Winklevoss Twins Hire Nasdaq to Keep Cheaters Off Cryptocurrency Market

The Winklevoss twins brought in the pros to keep cheaters off their cryptocurrency exchange. Their company, Gemini Trust Co., hired Nasdaq Inc. to conduct market surveillance for Bitcoin and Ether trading as well as the auction that helps price Cboe Global Markets Inc.'s Bitcoin futures, according to a
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Look Past Near Term for Healthcare REITs' Value

They are all trading below our estimate of their net asset values, indicating that the public market is pricing these companies below where the private market values the underlying real estate. Our fair value estimates for Ventas and Welltower are above our NAVs because we believe these companies'
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Appreciated and admired: Officer praised for lending a hand on fire scene

Appreciated and admired: Officer praised for lending a hand on fire scene. BY CYDNEY BARON cbaron@claremoreprogress.com; 14 min ago. He exemplifies what it means to be a public servant. This is what Tiawah Fire Chief Calvin Golbek had to say of Rogers County Sheriff's Offices' Sgt. Chris Buck
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Coutts London Prime Property Index | Q1 2018

Other challenges for international buyers include the new Capital Gains Tax regime which taxes them at a higher rate on any gains they make on UK property than in previous years. Q) And the opportunities? Camilla: Given London's diverse market, there are always opportunities to beat the market.
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Why Subway Is Closing Another 500 US Stores

Subway did not immediately respond to a request for comment from Fortune. The company, owned by Doctor's Associates, has a 53-year history, but has more recently hit turbulence. According to Technomic data cited by Bloomberg, Subway's U.S. sales fell 4.4% last year, compared to a 3.4% increase
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Amazon's New Echo Dot Is All About Kids, While Still Giving Parents Control

Amazon is expanding its home product line with a new device aimed squarely at children. Dubbed Echo Dot Kids Edition, the new Amazon device is based on Alexa and allows children to hear jokes, listen to stories, and play music, among other features. And like the standard Amazon Echo Dot,
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ISLA publishes settlement survey results

The International Securities Lending Association (ISLA) has published the results of a settlement survey that it has undertaken with a number of its member firms. The association said the aim was to understand how the market undertakes pre-matching and manages loan settlements, and whether the
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Lending fuels Santander Brasil's earnings growth in Q1

The Brazilian unit of Spanish bank Banco Santander reported higher earnings in the first quarter as it saw room to expand … Subscriber-Only Content. BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin
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Foundation Home Loans hires regional account manager for the West

Foundation Home Loans has appointed Sarah Hopkins as regional account manager for the West of England and South Wales. Prior to joining, Hopkins worked as a senior personal banking adviser for Lloyds Bank and for the past two years has been the telephone business development manager for
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Tory Axe Of Mortgage Interest Benefit Has Put Thousands At Risk Of Homelessness, Labour Claims

Shadow Housing Secretary John Healey told HuffPost UK: “Ministers' botched cut to Government help with mortgage costs is putting thousands of home-owners at risk of homelessness. “There's been state support for low-income home-owners since the 1940s, but Ministers are now stripping away this
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Blackstone Mortgage Trust, Inc. 2018 Q1 – Results – Earnings Call Slides

Blackstone Mortgage Trust, Inc. 2018 Q1 – Results – Earnings Call Slides. Apr.25.18 | About: Blackstone Mortgage (BXMT). Q1: 04-22-18 Earnings Summary. Press Release · 10-Q · Transcript · News. EPS of $0.64 beats by $0.01. Revenue of $85.44M (+ 18.9% Y/Y) beats by $0.61M. The following slide
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Invesco Buys 200 KSF Cambridge Life Sciences Campus

The Quad, a 199,500-square-foot transitioning life science campus in the high-demand life sciences market of Cambridge, Mass., has come under new ownership. Acting on behalf of The Davis Cos., commercial real estate and capital markets services provider HFF recently sold the four-building
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Oldfield Partners LLP Buys Oceaneering International Inc, Hallador Energy Co, Sells Citigroup Inc …

London, X0, based Investment company Oldfield Partners LLP buys Oceaneering International Inc, Hallador Energy Co, sells Citigroup Inc, Guess? Inc, DXC Technology Co during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, Oldfield Partners LLP.
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As Australia's house prices fall, watch the bottom pickers start to emerge

Real estate trends are shifting so having a good real estate agent is as important than ever. … Economics chief economist Paul Dales sees a national house price correction lasting two to four years, but points out the long-term price growth experienced by property markets makes falls appear minor.
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Why The Title You Give Yourself When You Startup Doesn't Matter

From project manager to marketer to janitor, you will take on every duty that demands your attention and adorn yourself with every title that goes along with it. Titles become more useful as your company grows and you begin to hire employees, but in the beginning, your title is whatever your business
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ISPT to invest overseas through IFM joint venture

IFM Investors, one of the most globally active infrastructure fund managers, has a $105bn portfolio of domestic and international infrastructure assets. Australian industry super funds were burned in their earlier dabble into overseas real estate last decade when they invested through listed vehicles such
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TSB bank customers say online services still not fixed

“Our mobile banking app and online banking are now up and running. Thank you for your patience and for bearing with us,” CEO Paul Pester said on Twitter on Wednesday morning. But some TSB customers responded on Twitter that their access was still blocked, and that the bank's website as of 0913
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China's Purchase of US Soybeans Comes to a Grinding Halt

South Korea's largest feedmaker Nonghyup Feed Inc (NOFI) has issued an international tender to purchase 60,000 MT to 65,000 MT of feed wheat to be sourced from optional origins. The Taiwan Flour Millers' Association purchased 92,975 MT of milling wheat to be sourced from the United States.
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China unveils fresh measures to boost rental housing, pave way for REITs

China is working to boost the rental market to help rein in hot property prices and satisfy housing demand, with President Xi Jinping reiterating recently that “houses are for living in, not for speculation.” But while property prices have shot up, driven by speculation and demand from a growing middle class
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Investors Title Company (ITIC) Near Bullish Multiple Top At $193.23

Investors Title Company (ITIC) Near Bullish Multiple Top At $193.23

Investors Title Company (ITIC) Near Bullish Multiple Top At $193.23. April 25, 2018 – By Lisa … 2 investors sold all, 20 reduced holdings as Investors Title Company ratio improved. 22 grew … Markel Corporation has 0.8% invested in Investors Title Company (NASDAQ:ITIC) for 213,300 shs. Davenport
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Comcast Sparks Sky Bidding War With Fox Through Formal Offer

Fox has made multiple attempts to satisfy regulators, including by proposing to sell Sky News directly to Disney upon buying Sky. A phone-hacking scandal at Murdoch's newspapers derailed his first bid for the company in 2011. Already facing potentially fewer regulatory hurdles in the U.K. due to its
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Great American Title Company relocating to Hwy. 290 in Cypress

Great American Title Company at 13611 Skinner Road, Cypress, will be moving to a larger space in May to 25410 Hwy. 290, Ste. B-10, Cypress. The title company issues titles for properties in the Cy-Fair area. 281-598-4700. www.greatamtitleco.com/locations/290-cypress · < Back to all impacts
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Lewisburg real estate market favors sellers

Real estate in Lewisburg is a seller's market according to MLS data with prices up 4 percent year over year and inventory down by 22 percent. And all this demand does not just come from within the area. Greg Allman, owner of Greenbrier Real Estate says, “We're seeing people from across the nation.
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Fiserv Launches Tool To Help Banks Stay Compliant With Open Banking Rules

In a press release, Fiserv said the financial services industry will be transformed by the move toward open banking led by the European Union's Second Payment Services Directive (PSD2) and the United Kingdom's Open Banking Implementation Entity (OBIE). Because of these two regulations,
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Interview with Lt Col. Robert K. Brown of Soldier of Fortune

U.S.A. –-(Ammoland.com)- In 1975 Soldier of Fortune magazine hit magazine racks everywhere. It was unabashed pro-gun and pro-military when it wasn't cool to be either. The direct involvement of the US military in the Vietnam War ended two years earlier, and Saigon would fall in April of this year.
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The Canadian economy is set to rebound in the summer, thanks to the housing market

“Slower economic growth in the first quarter primarily reflects weakness in two areas,” reads the Bank's announcement. “Housing markets responded to new mortgage guidelines and other policy measures by pulling forward transactions to late 2017…Some of the weakness in housing…is expected to
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Hong Kong's housing problem is being made worse by free-market policy

Housing prices have continued to spiral upwards, and the backlog of demand for both affordable private flats and public housing keeps growing. I believe successive governments have been genuinely trying their best but are tied down by legacy, structural and constitutional issues, not to mention our
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Fort Myers restaurants: The good food and good fortune of El Gaucho Inca

Since opening in 2011, the Peruvian-Argentinian restaurant has garnered a loyal following. Owned by the husband-and-wife team of Mariano Maldonado and Rocio Navarette, El Gaucho Inca demonstrates their hard work and good fortune. Maldonado grew up in Argentina in an Italian family. His father
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Mineola village among 'healthiest housing markets' in NY

Mineola is considered one of the healthiest housing markets in New York State, according to a new study by SmartAsset, a Manhattan-based financial technology company. The study ranked nearly 160 of the state's communities on the health of their housing markets by looking at the average number of
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BaFin-approved German hybrid fund combines crypto, real estate

As the cryptocurrency space continues to grow and expand, the latest venture by a German firm has been to invest in what it called a hybrid cryptocurrency and real estate fund. Munich-based BITREAL Capital GmBH has been granted authorization by the German Financial Supervisory Authority (BaFin)
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TSB online banking and app problems could drag on until end of April

It appears that the bank has limited the number of people who can get into their accounts at any one time today, because it expects a surge in customers trying to use it. On its service status page TSB said: “We're limiting access to Internet Banking. We've restricted the number of customers who can log in
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Analysing Marlin Business Services Corp. (MRLN) & Arlington Asset Investment Corp (AI)

… United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Private-label MBS, or non-agency MBS, include residential MBS that are not guaranteed
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Rough estimates: How to quickly know how much house you can afford

It depends on what loan program you get. With the FHA, you might be allowed a 31 percent front ratio but 33 percent if you apply for an energy-efficient mortgage. For a conforming mortgage — a loan that meets Fannie Mae and Freddie Mac standards — figure 28 percent. And for VA financing, the news is
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Even rising mortgage rates won't stop homebuyers

“Very strong home prices are due to a real lack of supply … and prices are likely to continue to run well above inflation and income growth all over the country,” said Leonard Kiefer, deputy chief economist at Freddie Mac. The rate on a 30-year fixed mortgage climbed to 4.47% last week, the highest level
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FIS selected by UnionBank of the Philippines

FIS has been selected by UnionBank of the Philippines (UnionBank) to help the bank digitise and enhance its commercial lending processes. One of the largest banks in the Philippines, UnionBank will use the firm's solutions to reengineer its commercial lending processes, including origination and
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Tulsa real estate market features hot spots to buy

Realtor.com recently ranked Tulsa as being in the top 10 for hot real estate markets. We found John Breitenstein digging into his project on Brookside, flipping a house he purchased six years ago. “Actually when I bought it a neighbor told me to tear it down. But it's an old farmhouse that has so much
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China Banking, Insurance Regulator Warns of Risks of Online Insurance

BEIJING (Reuters) – China's banking and insurance regulator said on Wednesday that it has issued warnings on the risks of online insurance. Some insurance agencies have misled consumers by not disclosing disclaimers while, some online platforms have engaged in bundle sales of insurance
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Trump's tariff impacts county

Documents pertaining to the status of titles has been sent to local title companies and he's expecting those documents to be returned. Also, some people with delinquent taxes have come in to pay. • Heard from Chamberlin who said he had attended a luncheon during the National Greyhound
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Which Is Best: REITs or Real Estate Crowdfunding?

Real estate is an asset class with high returns and a hedge against inflation. Since real estate is inversely correlated with conventional assets it can diversify your investments away from a volatile stock market. Since 1971, the average total annual return for the FTSE Nareit REIT index, which tracks the
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Personal Internet Banking

Personal Internet Banking

Manage your accounts 24 hours a day with quick, convenient and straightforward Personal Internet Banking from HSBC.
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Real Capital Markets Reaches $2 Trillion In Investment Property Transactions

However, those historic numbers don't tell the complete story – for RCM or the industry as a whole. For much of the last 19 years—before e-commerce began to dramatically change the dynamics of the commercial real estate market—the appetite for industrial property simply did not compare to office,
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Banking: Credit Suisse profit soars as overhaul pays off

The bank, Switzerland's second biggest after UBS, began to refocus its activities on wealth management over merchant banking. Read also: Bullish UBS posts strong first quarter results. The revamp, launched after French-Ivorian businessman and former politician Tidjane Thiam took the reins as CEO in
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Low-cost investing through the looking glass

We have witnessed an international stampede of capital into ETFs into an overheated market. The flows have been relentless with global ETFs slicing another $633bn in 2017 from actively managed assets, up 67% from the year before. But has it been the right time to buy? US market valuations are very
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Buyers approaching Toronto housing market with cool determination

Prices have been rising in coveted Toronto neighbourhoods because inventory has been so limited. In the $2.5-million to $5-million segment, he says, buyers are looking for houses in move-in condition. With the arrival of some warmer temperatures, listings are starting to swell. He thinks the market was
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Three Lessons From The Rodeo For Real Estate Investors

I started investing in real estate at a young age; I was just turning 22 when I purchased my first home. Within two years, I had purchased another and could see the tremendous benefits of real estate investing. I felt sure at that young age that real estate was my ticket. Fifteen years later, having participated
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Assured Guaranty Ltd. (AGO) vs. Sears Holdings Corporation (SHLD): Breaking Down the Surety …

Assured Guaranty Ltd. (NYSE:AGO) and Sears Holdings Corporation (NASDAQ:SHLD) are the two most active stocks in the Surety & Title Insurance industry based on today's trading volumes. The market is clearly enthusiastic about both these stocks, but which is the better investment? To answer this
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Challenger bank Starling adds investment service Wealthify to its in-app marketplace

More broadly, the idea behind marketplace banking is that your bank will provide you with access to a choice of third-party money-related apps and services. The battle between banks and fintechs isn't a zero sum game. Partnerships are being forged at a rapid pace, either formally or simply through
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That's One Reason To Suspend Nuclear Tests: North Korea's Most Recent Blast Collapsed a …

Last weekend, North Korea suspended its nuclear tests and shut down the site where the last six detonations took place: underneath Mount Mantap, in the country's northeast. The reasons are ostensibly diplomatic, pointing to a thaw in relations between Kim Jong-un's regime and South Korea and the
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Bidding wars intensify as Ottawa homebuyers hit perfect storm

Houses in Ottawa's hottest neighbourhoods are selling at record prices as buyers compete in a market plagued by a shortage of re-sale homes. That shortage, combined with growing demand and a shift among realtors toward a more aggressive sales strategy, is creating ideal conditions for bidding
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Economist: Finland has lowest mortgage interest rates in eurozone, but there are risks

But the economist noted that at the end of the day, the final costs of an adjustable rate mortgage are often lower than ones with fixed rates. The highest mortgage interest rates in the eurozone in February were in Ireland and Greece (hovering just above or below three percent), while countries like
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Twitter and the Trump Effect: Tracking the Mobile User Numbers

For the second quarter in a row, Twitter has reported a profit as user numbers continue to rise. In the first quarter of 2018, the social media site exceeded revenue expectations for a $61 million profit, compared to a $61.6 million loss a year ago. At the same time, the company says it added 6 million users
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Term Sheet — Wednesday, April 25

Hayley Barna co-founded beauty cosmetics company Birchbox in 2010. As the co-CEO, Barna helped grow the startup to more than a million monthly subscribers — all while raising tens of millions of dollars in venture capital. But then in August of 2015, Barna decided to relinquish her chief executive
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Nordea's Norway unit expects lending growth to accelerate

OSLO, April 25 (Reuters) – The Norwegian unit of Nordic bank Nordea expects a positive development in the coming quarters as the economy gathers pace, housing prices no longer fall and the loan loss situation improves, Oslo-based Chief Executive Snorre Storset told Reuters on Wednesday.
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The Finance 202: Boeing's stock was the best bellwether of a trade war. Until yesterday.

CNN Money's Julia Horowitz and Donna Borak: “For years, the government has operated a database of complaints about banks, mortgage lenders and student-loan service providers. But you might not be able to look through it much longer. Mulvaney… said Tuesday that he doesn't want to keep the
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Weekly Property Review – Will veg management threat impact on banks' lending confidence?

“There are areas in Australia where financiers look closely before lending because of climatic conditions. What is being proposed is essentially forcing drought conditions onto these producers, so the confidence of financiers will be weighed against us,” she said. “It is wiping the balance sheet by a third
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Five Challenges Blockchain Companies Face While Working With Banks

We have read and heard enough about the blockchain and its potential use cases in various industries, especially the financial sector. But considering the size and the legacy of the traditional financial companies, adopting of the blockchain isn't going to be a cakewalk. In a conversation with
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Buying a used car? Experts show how to spot odometer tampering

L and A International Motors. 2. Mex Car Sales. 3. Infinity Texas Auto Sales. 4. Fast Motor Auto Sales. The DMV is investigating customer complaints across the state. “DMV'S Dealer and Agent Section is committed to combating these activities but it can take several months to investigate and impose
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American Cities Are Fighting Big Business Over Wireless Internet, and They're Losing

As committee members were returning from New Year's festivities, they got an email from Douglas Dimitroff, a telecom attorney and chairman of one of the group's city-focused subcommittees. “We have made substantial changes to the last version,” he wrote in an email obtained by Bloomberg through a
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What reverse mortgage means for inheritance

Q. My parents are using a reverse mortgage to generate funds for daily living. Recently, someone suggested that they should have created a revocable trust for the home — which is quite valuable — so that it could pass to me and my brother more easily. Is it too late to that, now that the reverse mortgage
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2 growth shares I'd buy and hold for the next 5 years

2 growth shares I'd buy and hold for the next 5 years

The company believes there is a strong correlation between website traffic numbers and billings, which indicates that its new financial year could enjoy further growth. As such, GRC International could be worth buying for the long term. While potentially volatile, it appears to be performing well in what
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Monticello Provides Over $31MM in Financing for NY Facility

Monticello's borrowers are in need of short term financing for acquisition or existing debt refinancing before applying to the Department of Housing and Urban Development (HUD), Fannie Mae, or Freddie Mac for long-term financing. The Mortgagor is using the funds to acquire a single assisted living
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Romania's bank lending growth stays flat in March – table

BUCHAREST (Romania), April 25 (SeeNews) – The value of Romanian banks' outstanding loans to the non-government sector grew 6.1% year-on-year to 236.6 billion lei ($62 billion/51 billion euro) in March, at the same rate as in February, the central bank, BNR, said on Wednesday. Private lending in
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Interest, Auto Lending And Credit Cards Boost Capital One's Q1

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. “The competitive marketplace remains intense, but generally rational. Supply of card credit is on
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Rollins Inc.: Title Rollins, Inc. Reports First Quarter 2018 Record Financial Results

Rollins, Inc. Reports First Quarter 2018 Record Financial ResultsCompany posts 48th consecutive quarter of improved revenues and earnings- Revenue increased 8.9% for the quarter- Net income up 20.5% for the quarter- Earnings per diluted share rose 22.2% for the quarter to $0.22 from $0.18-
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Absa online banking services hit by technical issues

Absa bank has confirmed that it is currently experiencing technical issues with its digital banking services. In a statement sent to customers on Wednesday morning (25 April), the bank said that the issues were currently affecting its banking app and online banking channels. “We are currently
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Real Estate Software Global Market Players by 2023- Yardi Systems, Accruent, RealPage and MRI …

Global Real Estate Software research report fills in as a comprehensive guide to provide the recent industry trends like the development, opportunities, Real Estate Software market size, dispatch occasions, and drivers. Competitive landscape study based Real Estate Software key makers, market
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Fintech Focus: The Fall of Peer-to-Peer Lending in China

Since the start of 2016, China's online peer-to-peer (P2P) lending and microloan industry has been significantly changed due to a slew of sweeping rules released to curb the risks of the booming sector. P2P lending, which was designed to bypass traditional lending by matching individual borrowers
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Newcastle Intermediaries launches £1000 cashback to 95% range

Newcastle Intermediaries is introducing a 95% LTV mortgage with £1,000 cashback, available to first-time buyers, home movers, remortgagers and Help to Buy customers. It's five years since the introduction of Help to Buy, which was aimed at helping first-time buyers onto the property ladder through the
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Keys to Financial Wellness: Tax reform, homeownership and buying basics

A KeyBank Mortgage Loan Officer can help explain these options to you. Step two: research interest rates. Do not go into the process blind. Read up on what is being offered right now, and get rate quotes so you can make an informed decision. Step three: collect paperwork and documentation. You will
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Audi Is Recalling More Than 1 Million Cars Due to Fire Safety Concerns. Here's What to Do If Your …

German luxury automaker Audi is recalling more than a million of its vehicles due to faulty electric coolant pumps, which have the potential to overheat and start a fire. The recall affects roughly 1.2 million Audi cars and SUVs total and includes the A4 (2013 to 2016), A5 (2013 to 2017), A6 (2012 to 2015),
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BirchBox CEO-Turned-Investor Hayley Barna Discusses Top Founder Mistakes

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. Hayley Barna co-founded beauty cosmetics company Birchbox in 2010. As the co-CEO, Barna helped grow the startup to more than a million monthly subscribers — all while raising tens of millions
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BRIEF-Lloyds Banking Group Q1 profit 1.6 bln stg

April 25 (Reuters) – Lloyds Banking Group PLC: * LLOYDS BANKING GROUP Q1 UNDERLYING PROFIT BEFORE TAX RISES 6 PERCENT TO 2 BILLION STG. * LLOYDS BANKING GROUP Q1 STATUTORY PROFIT BEFORE TAX 1.6 BILLION STG
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Taptica International (TAP) Shares Up 0% Following Insider Buying Activity

Taptica International (LON:TAP) shares shot up 0% on Tuesday following insider buying activity. The company traded as high as GBX 309.75 ($4.32) and last traded at GBX 300 ($4.18). 288,301 shares changed hands during mid-day trading, an increase of 83% from the average session volume of
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Bridge Bancorp, Inc. Reports First Quarter 2018 Results

Through its branch network and its electronic delivery channels, BNB provides deposit and loan products and financial services to local businesses, consumers and municipalities. Title insurance services are offered through BNB's wholly owned subsidiary, Bridge Abstract. Bridge Financial Services, Inc.
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Comcast is officially bidding to buy European pay-TV giant Sky

The cable giant had previously outlined a “possible” offer for Sky in February, but today has made it official, reports the Hollywood Reporter. Comcast is making an unsolicited $31 billion offer for Sky. The purchase of Sky would give Comcast a massive boost to its international footprint. However, there's
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The Long View: Trump hates the US trade deficit, but here's why the real estate industry needs it

Last Tuesday, in between tweets about James Comey, his poll numbers and California, President Trump was at one of his favorite pastimes again: complaining about the U.S. trade deficit. “Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates,” he tweeted.
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Local Realtors president says first quarter housing market growth unlike anything she's seen

The state Realtors Association says La Crosse County's home sales jumped 29.7 percent for March over March of last year. Gull said she's never seen a first quarter like the area just witnessed this year — booming sales, soaring home prices. Very little to actually sell but new homes may soon help that
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TSB has some smart ideas – but this online banking fiasco could be fatal to its prospects

TSB boss Paul Pester is fond of telling people that banking is the only industry in the world where market share and customer satisfaction are inversely related, so congratulations to him for single-handedly redressing the balance. TSB claims to be the most recommended lender on the high street but this
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Morning Coffee: When you messed up your banking job, but your bosses think you're great. Secret …

Paul Achleitner can hardly be called consistent. After all, the ex-Bain & Co., ex-Goldman Sachs, ex-Allianz chairman of Deutsche Bank hired-in the (now ex) CEO of Deutsche Bank, John Cryan, after engineering the exit of previous CEO Anshu Jain. When Cryan arrived back in 2015, Achleitner said he
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Generator backs strong South West housing market

Generator backs strong South West housing market

Housing market predictions identify the South West as the place for strongest growth over the next few years. Residential property in the region is set to increase in value by 4.3% by 2022, according to analysis of figures from Nationwide and the ONS by KPMG. Having identified Bristol and its
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Marketplace lending

Supervision. Federal regulators. Although the CFPB does not have direct supervisory or regulatory oversight over marketplace lending generally, industry participants remain subject to consumer financial protection laws enforced by the Bureau. While no specific focus on such lenders was noted in the
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Cityscape Qatar ends today

The agenda for the final day covers 'Luxury Lifestyle Development in Turkey and Income Producing Investment Opportunities'; 'REITs in Qatar – the Missing Link between Real Estate and Capital Markets'; 'Market Overview and Trends'; and definition of the terms of reference of the Real Estate
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Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors

NEW YORK–(BUSINESS WIRE)–Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it has appointed Edmond N. Moriarty, III to its Board of Directors as an independent Class I Director, effective immediately. Mr. Moriarty's appointment expands the Board from eight to nine
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Mortgage rates rise for Wednesday

Multiple key mortgage rates floated higher today. The average rates on 30-year fixed and 15-year fixed mortgages both climbed. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also notched higher. Rates for mortgages are in a constant state of flux, but they continue to
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AGNC Investment (AGNC) Upgraded to Hold at BidaskClub

BidaskClub upgraded shares of AGNC Investment (NASDAQ:AGNC) from a sell rating to a hold rating in a research note published on Tuesday. Other analysts have also recently issued reports about the company. Keefe, Bruyette & Woods restated a hold rating and set a $19.50 price objective on
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Waypoint Residential Acquires the Claiborne at Adelaide, an 82-Unit Senior Living Facility in …

BUSINESS WIRE)–Apr 25, 2018–Waypoint Residential, a vertically integrated real estate investment firm focused on the U.S. rental housing sector, announced that it has acquired The … The Claiborne at Adelaide, an 82-unit senior living facility located in Starkville, Mississippi (Photo: Business Wire).
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What's one residential trend to watch in 2018?

In January and February, the Business Record hosted five video roundtables, each on a different segment of real estate and development in Greater Des Moines: Office, retail, industrial,land and residential. Senior Staff Writer Kent Darr then wrote summaries of each discussion and put together Q&A
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Government votes against AIB bonus plan at meeting

AIB chairman Richard Pym confirmed on Wednesday that the Government has used its 71 per cent stake in the lender to vote against a resolution allowing the bank to set up its first share bonus programme since the onset of the financial crisis. Speaking at the group's annual general meeting (agm),
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Mortgage Loan Rates Jump, Applications Dip

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.2% in the group's seasonally adjusted composite index for the week ending April 20. Mortgage loan rates rose last week on all five loan types that the MBA tracks,
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3400 new victims of tracker mortgage scandal identified

THE CENTRAL BANK has identified an additional cohort of people who have been impacted by the tracker mortgage scandal, according to its latest figures on the issue. As at end Marcy, 37,100 customers had been identified as having been affected by the scandal, an increase of 3,400 from the same
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After sorghum spat, US-China trade fears halt soybean imports

Red-hot demand for Brazilian beans has driven up prices of South American cargoes, slicing into profits at processing companies in China. A trader at one international firm in Beijing said Chinese buyers bought more than 40 cargoes of Brazilian beans last week, much higher than a more typical weekly
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Finastra's Blockchain Solution For Syndicated Lending Goes Live On R3's Corda Platform

The solution enables financial institutions acting as agents to publish loan data to the ledger and extend self-service capabilities to lenders. Through their own portal, agents can define and then publish lender-specific deal position data to Fusion LenderComm, so individual lenders can drill down into
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Greek Banks Are Still Not Investable

Tangible book value of the Greek banking system is 70% tax credits. I have had many … Long-time readers know my stance on the Greek banking system, and it has not changed. In a nutshell, the crisis is Greece is nowhere near over, and Greek banks are still not investable. For starters, let's see the
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Why High-Flying US Home Prices Are About to Get Another Jolt

Reports on Tuesday underscored both resilient purchase activity and accelerating home prices. The S&P CoreLogic Case-Shiller index showed property values in 20 major U.S. cities climbed 6.8 percent in February, the biggest year-over-year gain since June 2014. Government data revealed a
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Your Favorite Cheap Wine May Be Getting More Expensive

According to data from the International Organization of Vine and Wine, the 2017 harvest produced 25 billion liters of wine, down from 26.7 billion in 2016 and 27.6 billion in 2015. Italy, still the world's largest producer of wine, saw a 21% drop in production 2017. Other European producers, including
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Lending a hand in honor of Earth Day

A group of first-time volunteers from Sawnee Elementary School pick up trash alongside Ronald Reagan Boulevard near the Collection on Saturday, April 21. Keep Forsyth County Beautiful, which organizes the annual cleanup, has had a goal of seeing more than 500 volunteers come out for the annual
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There Are Now More Women in Congress Than Ever Before

Women of the U.S. unite: there is now a record number of women in Congress. With the election of Republican Debbie Lesko in Tuesday's special election for Arizona's 8th district, the number of women in U.S. Congress will reach a high of 107. That includes 78 Democrats and 29 Republicans,
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Credit Suisse analyst explains why she likes the Saudi stock market

The country's economic transformation is lifting prospects, higher oil prices are enriching government coffers — and its inclusion into global benchmarks will bring in more foreign money, said Krithika Subramanian, a research analyst at Credit Suisse Private Banking. All of that mean that markets in Saudi
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Weekly mortgage applications stall as rates make sharp move higher

Mortgage interest rates last week didn't start to climb until the end of the week, but even a few days were enough to dampen demand. Total mortgage application volume fell 0.2 percent for the week and was 0.8 percent lower than a year ago, according to the Mortgage Bankers Association's seasonally
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UK regional house prices and how they're changing

UK regional house prices and how they're changing

At a time of confusion over the state of the UK house market and its prices, this infographic attempts to bring some clarity to the situation. Looking at newly released annual change figures from HM Land Registry, London is the standout region with a decrease of 1.0% in February – the lowest rate in the
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UBS Isn't Worried About $100 Billion Fleeing US Stocks

U.S. equities are losing favor as President Donald Trump's “America First” policy struck a dissonant tone in a market where price-earnings ratios were about 30 percent above the rest of the world. The deteriorating sentiment means investors are setting themselves for a battle with companies, whose
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Sears stock soars as Lampert offers to buy Kenmore brand, real estate

ESL also made an offer for Sears real estate, which includes the assumption of the $1.2 billion of debt obligations secured by the holdings. Regardless of whether ESL becomes the ultimate buyer of Sears assets, the fund says that it is interested in seeing that Kenmore, Sears Home Improvement (SHIP)
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How Knotel Is Building The Airbnb Of Commercial Real Estate

Knotel has more than one million square feet of real estate under management (and growing) in New York, San Francisco and London – with more cities to come soon – and has raised $100 million since its launch in 2016. Its latest $70 million round was led by Newmark, one of the world's larger
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Photos: Looking back at the Best Real Estate Deals Awards

Here's your chance to relive some of the highlights from the Dallas Business Journal's Best Real Estate Deals Awards. The 26th annual event was hosted at The Ritz-Carlton, Dallas on April 11, and showcased the results from our judges' picks for the top transactions and developments in North Texas for
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Citigroup Sees 1Q Surge In Mobile Banking, Beating Expectations

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. In results reported on Friday (April 13), the top
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2018 Real Estate Awards, Top General Contractors: Jaco General Contractor Inc.

As a full-service construction firm that prides itself on projects spreading from Virginia to New Mexico and all states in between, Jaco General Contractor Inc. has had anything but a shortage of work over the past year. “Business has picked up dramatically,” says CEO Josh Kippenberger. “We've
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Goldman Sachs: China Is Beating the US in the Gene Editing Arms Race

In recent years, the advent of gene editing and cell-engineering technologies to fight rare diseases, cancer, and a number other serious conditions has taken the biopharma world by storm across the globe. The Food and Drug Administration (FDA) approved therapies known as “CAR-T”, from Novartis
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Facebook Doesn't Believe Recent Scandals Will Hurt Its Business

Facebook's recent data privacy issues and the recent Cambridge Anlaytica scandal don't seem like they will impact the company's business. That's according to Facebook vice president of global marketing solutions Carolyn Everson who said at The Wall Street Journal's CEO Council event this week that
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Hungary Is Winning Its War on Muslim Immigrants

The Pew study, meanwhile, shows that 64 percent of Hungarians have a negative view of Roma. But perhaps the biggest problem with the Orban government's relentless focus on Muslim immigration is the pain it inflicts on asylum seekers. According to Gyulai, the government has completely dismantled
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Walmart's Jet.com Traffic Declines

While the shift may help maintain the retailer's declining profit margins, the impact has been felt on Jet's website, where traffic declined about 60 percent in March compared with a year earlier. Walmart.com's traffic, meanwhile, was up 5 percent over the same period, according to data tracker SimilarWeb.
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Trump Reopens Door to TPP

President Donald Trump signaled renewed interest this week in putting the Trans-Pacific Partnership back on the agenda. Bloomberg's Kevin Cirilli reports on “Bloomberg Markets: The Open.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved.
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Mortgage origination volume creates drag on JPMorgan Chase earnings growth

Mortgage origination volume creates drag on JPMorgan Chase earnings growth. Company net income soars … In the first quarter of 2018, JPMorgan Chase saw a significant increase in its earnings from both the previous quarter and previous year – despite the drag from its mortgage origination volume.
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Lending classical touch to Baisakhi celebrations

The Sargam Society of Indian Music and Art, Mohali, teamed up with the Nrityabhinaya, Gurugram, to add melody to the Baisakhi celebrations through a classical musical bonanza, including the Punjabi folk flavour, at Tagore Theatre in Chandigarh on Friday. Designed and directed by RD Kailey and
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Real-estate transactions: April 13, 2018

These transactions, recorded the week of April 2, are compiled from information on file with the respective counties. They represent sales of $78,000 or more. PEORIA COUNTY. 531 W. Hanssler Place, Peoria, Stephanie K. Ward to Samuel M Camarillo and Alma Y. Montejano Arreguin, $82,500.
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Survey: Commercial bankers had a record 2017

The next largest investor class was Fannie Mae and Freddie Mac, at $130 billion collectively. Commercial mortgage-backed securities issuers, life insurance companies, pension funds, real estate investment trusts and investment funds were the other major investors. First liens accounted for 96 percent
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Exec: Charlotte, other cities to see cuts from Wells Fargo investment bank changes

Charlotte is among cities likely to experience Wells Fargo layoffs under a plan by the company to further integrate its corporate and investment banking businesses, a top Wells executive said Friday. But Charlotte will also continue to see Wells Fargo increase its overall employment in the region, which
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Netflix Stock Rises As Skeptic Throws In The Towel

Deutsche Bank analyst Bryan Kraft upgraded Netflix to buy from hold on Friday and set a 12-month price target of 350. … with valuation given what we saw as much higher investment levels (relative to the market's expectations) required to grow the international business,” Kraft said in a note to clients.
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Best Utah Mortgage Lenders of 2018

At NerdWallet, we adhere to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from our partners. Here's how we make money. NerdWallet offers financial tools and advice to help you understand your options and make the best possible
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2018 Real Estate Awards, Top Builders: Robl Construction Inc.

Historically, the firm has seen a majority of sales in northeast Wichita, but recent trends include more activity in the northwest part of the city and in Maize. “We have also seen a lot of sales in the country,” Robl says. With an unpredictable spec market in recent years, Robl says managing inventory has
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White House Deterring Republicans From Defending Pruitt, Sources Say

White House Deterring Republicans From Defending Pruitt, Sources Say

Sitting in first class is a guarantee you'll come in contact with other passengers, Gowdy said on Fox News Sunday on April 15. “So the notion that I've got to fly first class because I don't want people to be mean to me?” Gowdy said. “You need to go into another line of work if you don't want people to be
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The Chinese Car Invasion Is Coming

On a bright spring day in Amsterdam, car buffs stepped inside a blacked-out warehouse to nibble on lamb skewers and sip rhubarb cocktails courtesy of Lynk & Co., which was showing off its new hybrid SUV. What seemed like just another launch of a new vehicle was actually something more: the
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Southwest Plans More NYC, Washington Flights

Southwest Airlines Co. plans to expand service from New York City and Washington this year after completing a deal to lease slots from Alaska Air Group Inc. at maxed out airports. Southwest will be able to add six round-trip flights at New York's LaGuardia Airport and four at Ronald Reagan Washington
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TPG Specialty Lending, Inc. (TSLX): Keep an Eye On Featured Stock:

TPG Specialty Lending, Inc. (TSLX):. Picking a stock is very difficult job. There are many factors to consider before choosing a right stock to invest in it. If picking stocks was easy, everyone would be rich right? This piece of financial article provides a short snap of TPG Specialty Lending, Inc. (TSLX)
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Fannie Mae Announces Updates to its Mortgage-Backed Securities

As a result, Fannie Mae is releasing an updated Single-Family Mortgage-Backed Securities (MBS) Prospectus effective for fixed-rate and adjustable-rate mortgage single-family pools with issue dates on or after May 1, 2018. These pools are issued under our Amended and Restated 2016 Single-Family
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Banking royal commission: falsifying forms 'common practice' at NAB – live

The royal commission has heard NAB's chief risk officer commissioned an external report on ethics within the bank, less than a year before it was revealed that Meyn was falsifying nomination forms. The report was scathing of NAB's approach. It found it was rare for anyone to be fired for ethical breaches.
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Why You Need To Look At This Factor Before Buying China Yuchai International Limited (NYSE …

If you are a shareholder in China Yuchai International Limited's (NYSE:CYD), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. Generally, an investor should consider two types of risk that impact the market value of CYD.
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RBA crashes off interest-only mortgage cliff

I'd like to thank the Housing Industry Association for the opportunity to speak to you about the role of interest-only loans. Mortgages on interest-only terms have become an increasingly prominent part of Australian housing finance over the past decade. At their recent peak, they accounted for almost 40
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Hannity's Real Estate Empire Is Hypocritical. It's Also the New Normal for Wealthy Investors.

The real significance is somewhat less bombastic: Hannity represents the rise of the corporate landlord. The housing crisis flooded the market with millions of foreclosed or low-cost homes, which were scooped up by private equity and real estate firms, aided by banks and big investors like pension funds
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No risk of “imminent severe downturn” for Toronto and Vancouver housing markets: bank

A new stress test for uninsured mortgages in Canada that was introduced at the beginning of this year has raised the likelihood of a national housing downturn in the near-term. But, the chances of a severe downturn and significant home price declines over the next year are still quite low, according to
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Ohio home sales in March narrowly miss last year's levels; prices rise as inventory concerns persist

In a blog post on the group's website, she noted that real estate professionals hope more homeowners will put their properties on the market. Listing shortages also featured prominently in a Monday report from the National Association of Realtors, which said that U.S. sales of existing homes were off 1.2
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Long Beach Office of Sustainability Partners with Nonprofit to Host Smart Homebuyer Workshops

The workshops will educate participants on the cost of energy efficiency upgrades bundled into a mortgage for financing terms and how homeowners and homebuyers are automatically qualified for up to an additional five percent of their home's value on their mortgage loan through the federal program.
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TSB chaos after online banking data leak

The bank Tweeted: “We're planning an upgrade to our systems between 4pm Friday 20th of April until 6pm Sunday 22nd of April. We're sorry but during this time some services, like online banking, making payments or transferring money won't be possible. For details please visit http://tsb.co.uk/upgrade.
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Loews Hotels takes out $57M mortgage on Streeterville property

Loews Hotels has secured a $56.5 million mortgage from Jackson National Life Insurance Company on its 14-story Streeterville property. Loews bought the 400-key hotel portion of the 52-story tower for $156 million in February 2015 from DRW Trading of Chicago, a month before the hotel formally
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Online banking security improves but only a third are free of critical vulnerabilities

The percentage of critical vulnerabilities in online banking systems is falling, but two thirds still contain at least one critical vulnerability according to a new report. Enterprise security specialist Positive Technologies has released its Financial Application Vulnerabilities Report, drawn from audits performed
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Comixology Sales Charts: Reversal of Fortune – A $7.99 Title Leads the Pack (Week of 4/18/18)

Comixology Sales Charts: Reversal of Fortune – A $7.99 Title Leads the Pack (Week of 4/18/18). First $0.99 Marvel sale books rule the chart, now $7.99 Action #1000 is on top. That's what you call contrast. Comixology Sales Charts: Reversal of Fortune – A $7.99 Title Leads the Pack (Week. You are
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Why Google's Stock Price Leapt and Crashed In an Instant

Fluctuating currency exchange rates and shifting accounting rules helped make first quarter results at Alphabet, Google's parent, appear a little better than they really were on Monday. That fooled some investors for a few minutes, causing a momentary surge in Google's stock price in after-hours trading.
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Apple Hires Samsung Executive to Lead South Korea Business

Apple Inc. hired a new leader for its business in South Korea, home to its biggest rival and a country where the iPhone maker has struggled with regulators. Brandon Yoon, a veteran Microsoft Corp. executive and most recently a vice president at Samsung Electronics Co., joined this month as general
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Alphabet Sales Growth Tops Forecasts, While Spending Surges

That was up 24 percent from a year earlier and ahead of analysts' forecasts, according to data compiled by Bloomberg. Alphabet shares slipped less than … The Mountain View, California-based company reported a $3 billion gain on equity securities in the first quarter. That boosted earnings by $3.40 a
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San Diego home price hits new record high: $550K

The San Diego County median home price soared to its highest point ever, $550,000, in March, said real estate tracker CoreLogic. Home prices increased 6.8 percent in a year, which experts attribute to a lack of homes for sale and a strong economy. The previous home peak was $545,000 in June.
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Taiwan's Hottest Trade Begins to Unravel on Earnings Concerns

Taiwan's Hottest Trade Begins to Unravel on Earnings Concerns

Investors are having second thoughts about one of Taiwan's hottest stocks over the past month. Swancor Holding Co. has slumped nearly 10 percent since mid-April after doubling in value in the preceding month on bets it would benefit from government plans to build wind farms in the seas around
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Infrastructure lending may take a back seat as RBI refuses to budge on new NPA rules

With the Reserve Bank giving no relaxation to its February 12 framework on resolution of stressed assets, banks are likely to become more cautious and risk-averse to long-term funding, especially to the infrastructure sector, say lenders. On February 12, the central bank had come out with a revised
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Banking royal commission: ANZ cases of poor advice soared

Giving evidence to the commission this morning, ANZ's chief risk officer for its digital and wealth businesses, Kylie Rixon, said the bank's ability to detect poor advice had improved over the years. In 2008, when it had 1379 planners, the bank detected just 60 instances of inappropriate advice across its
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Potential Albany 'pension pork' bills could cost taxpayers a fortune

It's an election year for all state lawmakers and Albany is looking to deliver the pension pork to their union pals. There are 119 pension-and-benefit sweetener bills under consideration for public-employee union workers and retirees, and they would cost taxpayers more than $349 million. And that's likely
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Shock home loan rate rises hitting Aussie wallets hard

Despite the RBA not making a move on rates since August 2016, Mozo research has revealed that nearly half of Aussie borrowers have been stung by an out-of-cycle rate rise on their home loan. What's more, 44% of mortgage holders still have a rate above 4.00%, despite the fact that more than half the
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One terrific teen — Waterloo senior is a volunteer extraordinaire

For 10 years, Doug and his family have held annual yard sales and used all of the profits to buy water filtration kits for those in need overseas. … Since 2010, the Bates family in Waterloo has collected items year-round and held a yard sale to raise money for Compassion International's water filtration kit
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Get Angry. That's the Way to Change Australia's Banks

That's a reason to bet Australia's lumbering banking system will fight another day. Price-book ratios of the big four are mostly around multi-year lows, 2 reflecting the slowdown in the country's housing market and weak wage growth, as well as the prospect of more regulation and reputational damage
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Network Funding Loan Officer Mark Labouchardiere Ranks Among the Best in the Nation By …

Mortgage Executive Magazine ranked Network Funding, LP Loan Officer Mark Labouchardiere as a “Top Originator” and Ask A Lender ranked Mark as a “Best Mortgage Lender” for his 2017 production volume. In Mortgage Executive Magazine's “Top 1% of Originators” Mark was featured for his 2017
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QS Investors LLC Has $31.70 Million Stake in Philip Morris International (PM)

QS Investors LLC increased its stake in shares of Philip Morris International (NYSE:PM) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 300,074 shares of the company's stock after
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Futuristic Embassy Group is spotting trends, rejuvenating realty space

To build the turn-of-the-century business and industrial parks, luxurious hotels, and sprawling lake-front residential spaces, it is important to spot the trend before anyone does and structure the property layer-by-layer with exclusivity. After all, the thought process behind building any world-class
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New real estate specialist in Sanborn

NEW ULM — A new real estate agent is making southwest Minnesota home. Bryce McVicker, Whitetail Properties land specialist, … McVicker will specialize in selling tillable and recreational property across 16 counties in southwest Minnesota. Living in Redwood County, if only for a couple months, has
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Michael Cohen Case Reveals Sean Hannity's Massive Real Estate Empire

After it was revealed that Sean Hannity was Michael Cohen's mysterious third client who allegedly advised him on real estate matters, The Guardian discovered that the Fox News host has financial ties to a coalition of shell companies focused on buying up foreclosed or other under-valued homes.
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Surprise! First home buyer grants erode affordability

All of which goes to show that you don't improve affordability by sucking marginal buyers into the market with budget bribes, as well as increasing their ability to pay. The end result of these types of policies is always the same: increased demand and higher property prices, thus proving self-defeating.
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Shanghai gets automated bank with VR, robots, face scanning

SHANGHAI (AP) — Missed paying dues on your Communist Party membership? There's a bank for that – and it's fully automated. A bank in Shanghai has opened an automated branch equipped with face-scanning software, a virtual reality room and talking robots. The outlet opened by Beijing-based
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China's Tech Stocks Struggle Under ZTE Ban, IPhone Sales Concern

Already reeling from last week's ban on ZTE Corp., add the prospect of slowing smartphone sales to a growing list of reasons investors are fleeing China's technology stocks. The MSCI China technology index slipped 0.8 percent as of 3:23 p.m. local time, with Lenovo Group Ltd. losing 1.1 percent to its
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Turnbull admits banking royal commission should have been called sooner

The Government's misjudgement on the need for a banking royal commission has come back to bite it, writes Michelle Grattan. Mr Turnbull has taken responsibility for not calling the formal inquiry earlier. “Politically, all of the commentators are right when they say we would have been right to establish
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Harvard Land Ownership in Brazil Scrutinized in Title Dispute

“Caracol has the property title, but it couldn't prove how the land, at the dimensions it has today, has been formed over time,” Barbara Camardelli Loi, who's leading the probe in the prosecutor's office, said in an interview. “If we prove this is an area owned by the state, the company will lose it.”.
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Fox News host Sean Hannity's real estate holdings draw scrutiny

Over the last decade, Hannity appears to have built a real-estate empire worth tens of millions of dollars that spans at least four states, whose existence has remained hidden from the public behind anonymous shell corporations registered to the address of Henssler Financial, according to property
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Facebook Removes More ISIS Content by Actively Looking for It

Facebook Inc. said it was able to remove a larger amount of content from the Islamic State and al-Qaeda in the first quarter of 2018 by actively looking for it. The company has trained its review systems — both humans and computer algorithms — to seek out posts from terrorist groups. The social network
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Walmart Is Getting Suppliers to Put Food on the Blockchain

Walmart Inc. is getting suppliers to put food on the blockchain to help reduce waste, better manage contamination cases and improve transparency. The retailer, which started running tests with International Business Machines Corp.'s blockchain platform in 2016, is ready to use the technology on its live
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