Author Andrew Puzder Blames Democrats for 'Toxic' Atmosphere in DC

Author Andrew Puzder Blames Democrats for 'Toxic' Atmosphere in DC

Andrew Puzder, author of “The Capitalist Comeback” and former CKE Restaurants CEO, discusses the nomination process in Washington, D.C. and President Donald Trump's successes in a wide-ranging interview on “Bloomberg Markets: Balance of Power.” (Source: Bloomberg). Terms of Service
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Haftar Returns to Libya After Absence That Sparked Turmoil Fears

Libya's eastern military leader, Khalifa Haftar, returned home on Thursday after medical treatment in France, ending an absence that had raised the prospect of renewed turmoil in the OPEC member country. Haftar, who controls the self-styled Libyan National Army, is the main power broker in the
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US Coal Output Just Took Another Hit

As U.S. electricity generators increasingly shift to natural gas and renewable energy, Arch and its rivals are relying more and more on international markets and mining the type of coal used in steel production. That strategy, however, has limitations. Arch released its first-quarter earnings Thursday,
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'Cosby Show' Pulled From Bounce Channel After Guilty Verdict

Bounce, an E.W. Scripps Co. TV network focused on African-American programming, dropped “The Cosby Show” reruns from its schedule after a jury found Bill Cosby guilty of drugging and sexually assaulting a woman. “Effective immediately, Bounce is pulling 'The Cosby Show,”' spokesman Jim Weiss
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Sequoia Capital Raises Bulk of $8 Billion Venture Fund

Sequoia Capital has raised more than $6 billion toward what is already the biggest U.S. venture capital fund, with plans for more, said a person familiar with the matter. The Silicon Valley venture firm is targeting $8 billion for the new global growth fund, said the person, who asked not to be identified
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For sale by the government: Your information

Chicago Title also pays $1,500 per month for the same access and also shares the information it gets with marketers. Devon Title pays $1,000 a month for records it shares with a company called Data-Quick. Data-Quick is owned by CoreLogic, one of the largest data brokers in the country. That means
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At forum in Helena among GOP Senate candidates, Trump plays major role

Earlier this week, Lee Newspapers ran a story that Rosendale signed, under penalty of perjury, a real estate sale form that was, according to his title company, later marked to indicate he was a Maryland resident. Rosendale said he sold the property after his brother died and mother moved from adjacent
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Solid Amazon Results Could Push Shares to Another Record High

It's been a good day for Amazon.com Inc. investors. Tomorrow could be even better. The shares rose more than 4 percent Thursday, propelled by strong earnings from Facebook Inc. and other tech peers. The stock is trading only 5 percent shy of its record closing high from March 12, a gap that could
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Washington Real Estate Investment's (WRE) CEO Paul McDermott on Q1 2018 Results – Earnings …

Washington Real Estate Investment (NYSE:WRE) Q1 2018 Earnings Conference Call April 26, 2018 11:00 AM ET. Executives. Tejal Engman – VP, IR. Paul McDermott – President and CEO. Steve Riffee – EVP and CFO. Tom Bakke – EVP and COO. Drew Hammond – VP, Chief Accounting Officer and
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Associates carrying on with The Law School Show podcast

… minutes, although Dhir and Deschenes, who both hold the title co-founder and director, prefer the long-form format and say that it's the strength of the show. … Even though it's not an official product of a law school or produced by a recognized media company, Dhir and Deschenes said they've always
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Vital Signs: Interest only loans are an economic debacle that could bust the property market

Vital Signs is a regular economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting global economies. This week: This risks of interest only loans that the RBA
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12-month housing market downturn risk remains low – RBC Economics

The risk of a housing market downturn over the next 12 months remains low – but the probability has slightly increased because of volatility introduced by the recently implemented stress test for uninsured mortgage, according to a recent report by RBC Economic Research. In particular, the research
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FORTUNE BRACELET Brand-RUBY New Zealand-based fashion brand RUBY is best known and loved for designs that effortlessly embody youthful elegance and adventurous charm. Shop the latest collections from RUBY, Liam, MYDEERFOX and plenty more online. RUBY JEWELLERY.
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Home sales growth remains pressured without new construction

While home sales continued to see favorable economic conditions in April, they will find it difficult to grow from present levels unless new construction meets demand, Freddie Mac said in its outlook for the month. “The broader economic environment remains favorable for home sales,” said Freddie Mac
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Is Buying Expeditors International of Washington Inc – Com (NASDAQ:EXPD), Having Higher Short …

Since February 26, 2018, it had 0 insider buys, and 7 insider sales for $2.47 million activity. $350,888 worth of Expeditors International of Washington, Inc. (NASDAQ:EXPD) was sold by COUGHLIN PHILIP M on Friday, March 9. McClincy Christopher J. had sold 2,781 shares worth $180,246. Emmert
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Agents: List trashing city's real estate profession opportunities seems off

Wichita, according to the list, is the third-worst city in the U.S. for real estate agent job opportunity and competition. It also had the second-lowest annual median wage for agents. “Agents are busy right now,” Carlson said. “The listings are there to be had. If they're priced right and show well, they'll sell.
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Why Charlotte ranks among best places for real estate agents in new analysis

While West Coast cities dominate a new study of the best places in the U.S. for real estate agents, the Queen City is one of two Southeastern markets to make it high on the list. Nashville, Tenn., at No. 9, lands just a few spots ahead of 14th-place Charlotte in the new analysis by personal finance website
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Social Security checks lower than many workers expect

Our daily roundup of retirement news your clients may be thinking about. … Americans are overly optimistic that their Social Security benefits alone will be enough to cover their needs in retirement, according to this article from USA Today, which cited a survey from the Nationwide Retirement Institute.
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Real estate experts weigh in on a condo comeback, the brewery bubble and why co-working space …

The future of Twin Cities real estate includes a whole lot more apartments and co-working space, fewer breweries and perhaps a condo boom. That's according to a panel of experts who spoke at the Minneapolis/St. Paul Business Journal's annual Commercial Real Estate Update breakfast last week at
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Oleg Deripaska Plans on Keeping Control of Rusal

Oleg Deripaska plans to keep control of United Co. Rusal even as the Russian aluminum giant battles for survival in the face of harsh U.S. sanctions, according to people familiar with the matter. Deripaska is counting on lobbying by European governments to help ease the U.S. sanctions, said the people
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Dodd-Frank Rollback Hinges on Democrats' Reply, Hensarling Says

Dodd-Frank Rollback Hinges on Democrats' Reply, Hensarling Says

It's your move, Senate Democrats. That's the word from House Financial Service Committee Chairman Jeb Hensarling on a standoff over a sweeping rollback of bank regulations put in place after the 2008 credit crisis. The Texas Republican has outlined more than two dozen House bills — many of them
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Bad news for home buyers: Mortgage rates at highest point since 2013

WASHINGTON — Long-term U.S. mortgage rates reached their highest level in more than four years this week, denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac said
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Intel Lifts Forecast as Data Chip Surge Cements its Top Spot

Intel Corp. said 2018 is looking better than expected thanks to strong demand for the chips that power cloud computing, showing that the company is holding steady against competitors that are trying to break its stranglehold on that lucrative market. Growth in the data center group has become one of the
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Game-changing technologies at work in Asia Pacific's real estate

The rapid adoption of Proptech in Asia Pacific is reshaping the region's real estate markets, changing the way people work, shop, and travel. Companies and cities in the region are leading the charge, applying technologies such as artificial intelligence and data analytics to improve experiences.
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First American Corporation (New) (FAF) Moves Lower on Volume Spike for April 26

First American Corporation (New) has a P/B ratio of 1.67. It also has a P/E ratio of 14.5. First American Financial Corp is a financial service provider offering title insurance, closing and/or escrow services, and related services in connection with residential and commercial real estate transactions.
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Omaha home prices up 8 percent over last year

OMAHA, Neb. (KMTV) – The Omaha housing market is continuing to drive home prices higher, especially for homes in the $100,000 to $300,000 price range. According to MLS statistics, overall home prices are up 8 percent year-to-date. The number of homes listed is down from this time last year.
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Five On Five: A New Way To Fight Online Counterfeiters

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today's stories cover subjects ranging from online marketplaces to a new examination of Wells Fargo's financial practices. There is also news about two new payments deals involving major players and a report
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Tougher mortgage lending standards could risk a 'credit crunch' — and that would be bad news for …

UBS describes APRA's moves to limit mortgage lending based on debt and income levels as macroprudential “Phase 3”. It says this could result in a sharp slowdown in credit extended to Australian households. If this were to take place, it says it would create headwinds for the housing market and
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GOP Senate candidates jab over endorsements, residency

Rosendale says that was a mistake by the title company. Businessman Troy Downing was questioned over a campaign appearance by former national security adviser Michael Flynn scheduled for next month. Flynn has pleaded guilty to lying to the FBI. Downing called Flynn a patriot, while Fagg said he
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Debt, bad credit keep renters from becoming homeowners, Fed survey shows

What's up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary. From Freddie Mac's weekly survey: The 10-year treasury rate topped 3 percent for the first time and in more than 4 years. This is important because the 30-year fixed rate tracks the
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PHOTOS: Lynn Tech kids explore their future at a career fair

LYNN — More than six dozens employers got a glimpse of Lynn Vocational Technical Institute's best and brightest at the school's Career Fair on Thursday. Among the companies who filled the school's lobby included Raytheon Co., North Shore Medical Center, Eastern Bank, General Electric Co., and
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Fact Check: California Bill Wouldn't Ban Bible Sales

In a recent interview, One America News Network asked Allen if the sale of Bibles would be prohibited if the bill passed because the Bible addresses sexual morality. “Literally, according to how this law is written, yes, it would,” Allen replied. “This is, you know, PC culture, politically correct culture, gone
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All The Things China Market Analysts Got Wrong This Year

Strategists across the board have been blindsided by China's financial markets this year, where extreme moves mean the nation has hosted both the world's best and worst performing assets all at once. The Shanghai Composite Index is now 16 percent below December's year-end targets, the 10-year
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Amazon Will Jack Up the Price of Its Prime Program Next Month

Amazon will charge U.S. customers $119 per year to join its free delivery Prime program starting May 11, a 20% price hike in the popular offering that also includes access to a growing library of video programming. CFO Brian Olsavsky announced the coming price hike on a quarterly call with analysts to
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Prices in the Hamptons remain flat, despite gains in the luxury market

Miller said the high-end was relatively quiet, mirroring the trend on Long Island on the whole, where more modest-priced housing is in higher demand. The median sales price for luxury properties was $1.5 million, a 23.7 percent decrease from the first quarter of 2017. “It was not about the high-end,”
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Wichita is on the rise, real estate roundtable group says

… Williams Signature Partners), Andy Robl (Robl Construction), Braden McCurdy (McCurdy Auction), Brad Saville (Landmark Commercial Real Estate), Dawn Truman (J.P. Weigand & Sons) and Cuy Mauck of Rose Hill Bank discussed the trends they're seeing in the city's real estate market and beyond.
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Macron's Gamble: Keep Trump Close and Brace for Turbulence Ahead

In his speech to a joint session of Congress, Macron delivered an eloquent rebuttal of Trump's world view and outlined an alternative of nations working together to boost trade, keep the peace and defend the middle classes. While standard fare for a European audience, the speech divided his American
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Mueller Protection Bill Wins Bipartisan Support on Senate Panel

A bill to protect Special Counsel Robert Mueller from being fired without cause won bipartisan support from the Senate Judiciary Committee. The measure was approved by the panel 14-7 on Thursday even though Senate Majority Leader Mitch McConnell, a Kentucky Republican, has said it won't get a
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Another Week and Another Huge Diamond Is Found in Botswana

Lucara Diamond Corp. has found another huge diamond at its mine in Botswana. The company unearthed a 327-carat top white-gem diamond just two weeks after finding a 472-carat light brown stone. It's the ninth-largest diamond discovered by Lucara, which now produces some of the biggest and
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Are you ready to buy a home? – Honolulu, Hawaii news, sports & weather – KITV Channel 4

But home ownership also comes with added responsibility. When something breaks in your rental unit, it's a quick call to the landlord to get it fixed. Homeowners are on the hook for both making and financing any repairs. It's a big financial leap to becoming a homeowner. Experts recommend asking
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Coral Springs Holds Real Estate Summit May 10

Coral Springs Holds Real Estate Summit May 10

The City of Coral Springs presents a panel discussion on real estate trends and successful strategies for creating a downtown. Panelists include: Coral Springs Deputy City Manager Cynthia Birdsill, Redevelopment Management Associates Kim Briesmeister, butters Realty and Management Darcy
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India Nears Power Success, But Millions Are Still in the Dark

Government data this week showed India had electrified about 13 percent of the almost 36.8 million homes identified in October as needing power. To meet its next deadline, it has to accelerate its monthly pace by more than threefold, according to Bloomberg calculations using government data.
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White Sails: Welcoming a New Living Standard with 10000 sq.m. of Recreational Space

The presence of local and international investors and proximity to the sea have made Adjara the main “exporter” of real estate to foreigners, who represents at least 80% buyers there. Foreigners are buying apartments as their summerhouses, for business and for living. Actually, more for business and
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Coke vs. Pepsi: The Biggest Soda Rivalry in History Is in Full Swing Again

The biggest cola rivalry in history is in full swing again as the two top names in beverages battle for a shrinking soda-loving population. While PepsiCo Inc. has diversified away from drinks — Frito-Lay chips drove growth again last quarter — its focus is back on fixing the fizzling beverage division in the
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Redacted Complaint Analysis Reveals Clues About GSE Discovery Material

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies paying massive dividends to their controlling shareholder which has an insurmountable liquidation preference and a net worth dividend. Shareholders are now pointing out that dividends during conservatorship are
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Brazil's Central Bank authorizes peer-to-peer lending

BRASILIA/SAO PAULO, April 26 (Reuters) – Brazil's Central Bank on Thursday released rules for credit start-ups that include authorization for peer-to-peer lending, as a way to increase competition in loans in a country with notoriously high interest rates for consumers. Credit fintechs will be allowed to
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Downtown bash to kick off Houston Center opening

A grand opening party for the new Houston Center building on Weatherford's downtown square has turned into a downtown festival with hundreds expected. The event, Celebrate Weatherford, will feature free beer and wine, food trucks, a 40-foot stage with music from Texas artists and tours of the
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What To Know Before Buying Stock? Anixter International Inc. (AXE)

Anixter International Inc. (AXE) is USA based company. Currently it has a market worth of $2645.1M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. P/E ratio is
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iTunes Finally Debuts in the Microsoft Store

Apple and Microsoft have put aside their rivalry by introducing an iTunes app for certain PCs in the Microsoft Store. The new app is available through Microsoft's app store to download on PCs that use Windows 10 OS. Last year, Microsoft announced that an iTunes app would be available in the Microsoft
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GRAINS-Soybeans up for fourth day on hopes of Chinese buying, Argentina crop losses

… note on expectations of Chinese buying and lower crop yields in Argentina following a severe drought. Wheat gained ground, rising for three in four sessions on concerns over U.S. winter crop, while corn ticked higher after closing marginally lower with ample world supplies keeping a lid on the market.
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Is It The Right Time To Buy Yashili International Holdings Ltd (HKG:1230)?

Yashili International Holdings Ltd (SEHK:1230), a food company based in China, saw a significant share price rise of over 20% in the past couple of months on the SEHK. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the
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Supply shortages again being blamed for driving up Lower Mainland housing prices

“The market for homes under $1 million. As I mentioned, [it's] seeing quite a bit of pressure and so, we have sales in that category representing 70 per cent of overall sales at the end of March. Only 35 per cent of the listings currently on the market are under $1 million and so, you can see the pressure that
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Updated statistics of money lending business

Updated statistics of money lending business. The FSA updated the statistics regarding the money lending business, as of April 26,2018. *URL of the updated statistics (in Japanese): https://www.fsa.go.jp/status/kasikin/20180426/index.html. Contact. Nonbank Financial Companies Office, Supervisory
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City housing market among country's most affordable

You can call them millennials, you can call them Generation Y, but don't call them unable to afford a house in Winnipeg. Liz Taylor, a real-estate agent with Royal LePage, said while many millennials — the generation born between the early 1980s and the early 2000s — across the country and
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Russia's Bondageddon

Russian assets were hot until the new sanctions, with foreign investors piling into Russia's sovereign ruble-denominated debt as one of the best ways to make money in the global zero-interest world. But the sanctions have hit not just those companies on the new US list, but all of Russia's companies.
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Snapchat's New Spectacles Are Water-Resistant and 'Made for Summer'

Snapchat maker Snap has unveiled new Spectacles that the company says will be more comfortable to wear — and more capable. Like the predecessor, the new Snapchat Spectacles are glasses you wear to capture moments and instantly share them on Snapchat. But unlike the previous model, which
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Microsoft Is Abandoning Its Realistic Gun Emoji, Following Apple, Google

Get Data Sheet, Fortune's technology newsletter. Google (goog, +2.04%) is currently updating its gun emoji to resemble a more family friendly squirt gun for its Android operating system, with Facebook (fb, +10.00%) saying it intends to do so as well for its social networking service. Other companies to
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ECB renews vow to keep buying bonds after September 'if necessary'

The European Central Bank has kept its promise to buy bonds under its quantitative easing programme until the end of September and keep interest rates at their current record lows “well past” the end of their asset purchases. The governing council on Thursday opted to leave interest rates untouched
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Ballintubber's Rachel Gibbons has eyes on Mayo Rose title

Rachel works for the construction company, JJ Rhatigans, and sits her professional accounting exams in September and become a fully qualified accountant with the company. Said Rachel: “I am a huge follower of GAA football. both county and my local club Ballintubber. I recently took part in a local
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REAL ESTATE Trends 04.26.18

Amenities: Two-story home on a spacious corner lot, easy freeway access, attached two-car garage, fireplace. Broker: Vanco Real Estate, 594-5721. $3,250/mo. For Rent. 16614 Early Lane, Marina. Size: 1,701 square feet. Deposit: $3,400. Features: 3 bedrooms, 2.5 bathrooms. Amenities: Located in
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Homeownership for Millennials Challenged by Inventory

Homeownership for Millennials Challenged by Inventory

Not surprisingly, the top two markets are high-tech hubs that are notorious for being among the most expensive: San Jose with a median list price of $1.24 million and Seattle with a median list price of $553,000; the national median list price is $280,000. Both cities have sizable Millennial populations,
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Rep. Kaptur Says EPA Chief Pruitt Abused the Office

Rep. Marcy Kaptur, an Ohio Democrat, discusses the House committee hearings on Environmental Protection Agency Administrator Scott Pruitt's performance. She speaks with Bloomberg's David Westin and Shery Ahn on “Bloomberg Markets: Balance of Power.” (Source: Bloomberg)
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Planet Home Lending Names Michael J. Kula Chief Operating Officer

Michael J. Kula recently joined Planet Financial Group, a privately held mortgage lender and servicer, as chief operating officer. Kula has three decades of mortgage industry experience. Most recently, he was a division president at ServiceLink, a Black Knight Company, where he led the company's title
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Why You Need To Look At This Factor Before Buying SigmaTron International Inc (NASDAQ:SGMA)

If you are looking to invest in SigmaTron International Inc's (NASDAQ:SGMA), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. Broadly speaking, there are two types of risk you should consider when investing in stocks such
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Dime Community Bancshares, Inc. Increases Quarterly Earnings Per Share by 30% on a Year-Over …

… driven by a $1.4 million gain from the sale of a portion of the securities the Company had previously retained from its Freddie Mac sponsored “Q-deal” securitization;; Increase in the Company's on-balance sheet liquidity levels, as average mortgage-backed securities and other short-term investments,
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US Eyes Nafta Finish Line Before China Overtakes Agenda

This week's talks are set to cover the most ground since the final official negotiating round in Mexico City in early March, according to a preliminary agenda obtained by Bloomberg. Topics include automotive rules, agriculture, and legal and institutional matters such as dispute settlement mechanisms.
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Trump Tax Windfall Going to Capex Way Faster Than Stock Buybacks

Chalk up a win for capex. After months of heated debate over whether companies would hand the biggest tax break in three decades back to shareholders or reinvest it in their businesses, there's finally some hard data. Among the 130 companies in the S&P 500 that have reported results in this earnings
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Cohen's Secrets to Be Parsed by Ex-Judge Who Prosecuted Mob

Trump said on the Fox News program “Fox & Friends” that Cohen was responsible for only “a tiny, tiny little fraction” of his legal work. That interview — and Cohen's earlier acknowledgment that he had just three legal clients this year — may have undermined the lawyer's claim that the seized records may
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5 Tips for Finding the Best FHA Mortgage Lenders

Finding the best FHA mortgage lender isn't necessarily an easy task. First off, you have to narrow down the field to Federal Housing Administration-approved lenders; not every lender offers them. … Qualifying details, interest rates and loan terms vary from one lender to another. Here's how to find the
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The US Is About to See How Deep the First-Quarter GDP Pothole Is

… exceeding or near a 3 percent pace, according to the median estimate in a Bloomberg survey ahead of Commerce Department figures due Friday. … Federal Reserve policy makers have said they view the first-quarter slowdown as transitory, and investors expect them to raise interest rates in June for
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Are you ready to buy a home?

Question: I am tired of paying rent and thinking about buying a home, but I'm worried about the added cost and responsibility. How do I know if I am ready? … Generally, personal finance experts recommend aiming to spend around 28% of your monthly income on housing. Getting pre-approved for a
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Taking the pulse of commercial real estate in Greater Baltimore

The Baltimore-area office vacancy rate rose slightly to 13.2 percent last quarter, the result of the first net negative absorption in seven years. A quarterly report from Cushman & Wakefield shows the region had net negative absorption of 50,800 square feet during the period. Class B office space posted
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For summer vacationers, RV-sharing is revving up

Until now, if you wanted to hit the open road behind the wheel of an RV, buying was your best – and sometimes your only – option. But now there are new … Campanda: With more than 26,000 RVs for rent in more than 42 countries, it appears to have the most international inventory. Outdoorsy: Claiming
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Mets Shares Are for Sale Six Years After Madoff Fraud

Wealthy Mets fans who have ever dreamed of owning a piece of New York's National League baseball team are about to get their chance. Six years ago, when team owners Fred Wilpon and Saul Katz were being sued by the trustee representing Bernie Madoff's victims, they sold a dozen four-percent
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Lease approved for DHS building

They are sharing the space with Benton County Title Company. As for future use of the Fischer building, Fischer said they are waiting on an expert opinion on that. The plan is to rebuild, Fischer said, but the question is what can be saved. Benton County Attorney David Thompson presented the leases.
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The Hottest Markets for US Real Estate: Is California's Reign Over?

Columbus, OH, moved up five spots to reach No. 4, the highest it's ever reached in our ranking. Realtor.com's hottest markets receive 1.6 to 2.7 times the number of views per listing compared to the national average. These markets are seeing homes move off the market 17 to 40 days more quickly than
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PRA warns insurers over lending standards of equity release mortgages

Regulators have warned that UK life insurers are loosening their lending standards on their booming portfolios of equity release mortgages. The mortgages — which allow elderly people to release cash from their properties — are an increasingly popular way for big life insurers such as Aviva and Legal
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Ethereum Founder Is Boycotting One of the Biggest Crypto Summits

Ethereum founder Vitalik Buterin tweeted Thursday that he's boycotting this year's Consensus conference after CoinDesk, the news website that organizes the event, linked to a fraudulent website in one of its stories. Buterin, with almost 750,000 followers on Twitter, said he encourages others to say
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Chipotle Rises Most Since 2006

It's a new day for Chipotle Mexican Grill Inc., and ideas that the company previously spurned — such as drive-thrus and new menu items — are now on the table. Brian Niccol. Photographer: Robin Marchant/Getty Images North America. Shareholders are energized by these new potential ingredients in the
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An 'ugly Christmas sweater' company is making a fortune on these bitcoin and Ethereum sweaters …

Hodlmoon makes $59 “ugly sweaters” emblazoned with the logos of popular cryptocurrencies, including bitcoin, Ethereum, and Litecoin. The garment is becoming the unofficial uniform for crypto investors. After launching last October, Hodlmoon sold more than 2,000 ugly sweaters and generated
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BlackChain and DMG Blockchain Notch Agreement for P2P Lending

BlackChain and DMG Blockchain Notch Agreement for P2P Lending

On Thursday (April 26), BlackChain Solutions (CSE:BIS) and DMG Blockchain Solutions (TSXV:DMGI) entered into a letter of intent that will allow BlackChain Solutions to license DMG's Prometheus technology for the purpose of BlackChain's peer-to-peer (P2P) lending platform. According to the release,
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Altisource says CFPB will not fine company over relationship with Ocwen

According to the company, its service revenue from REALServicing was $6.5 million in the first quarter of 2018, compared to $7 million in the first quarter of 2017. The company's overall service revenue was $188.8 million in the first quarter of 2018. When contacted by HousingWire about the Altisource
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Trump's tariffs are likely to help, not hurt, America's long-term farm economy

China owns farms, sells the seeds and inputs, buys crops through the Chinese government-owned grain marketer (the world's third largest, right up there with ADM and Cargill), and stores and ships via warehouses, rail and port facilities it owns. Rather than simply buying the food it needs on the world
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How Will Rising Mortgage Rates Impact Homebuyers' Wallets?

Mortgage rates increased to their highest level in four years according to the latest data from Freddie Mac's Primary Mortgage Market survey. According to the data, 30-year fixed-rate mortgage rates climbed for the third consecutive week to 4.58 percent from 4.47 percent last week climbing 11 basis
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As mortgage rates rise, here's a tool to find out if you're getting a good deal

Mortgage rates are the highest they've been since 2014, per multiple media reports, and while VA loan rates remain the lowest of the loan types, they're also on the rise. VA-backed 30-year notes that closed in March averaged a 4.5 percent rate, according to a recent Ellie Mae report ― up half a
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Q1 Economic Overview Underscores Optimism

When digging into the latest Memphis-area real estate trends, for example, some motivation for that optimism becomes apparent. Residential sales and commercial sales volume, for example, were both up in the first quarter compared to the first quarter of 2017, according to data from real estate
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Podcast Watch out, Weather Channel: Mobile banking now 3rd most popular app

Banking apps now rank just after weather and social media in usage. Alice Milligan, chief digital client experience officer at Citi's U.S. Consumer Bank, shares the results of the bank's survey of 2,000 Americans. She also hints at new features Citi will be adding to its mobile app in the near future.
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Why Bollore Criminal Case Resonates in France, Africa: QuickTake

Vincent Bollore, the French business executive and corporate raider with a $6.2 billion fortune, spent two days this week in decidedly downscale surroundings for someone of his wealth: a drab police station in the Paris suburb of Nanterre. After questioning, investigating judges lodged criminal charges
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Experts explain a sharp increase in mortgage rates in the USA

Such information is contained in a document submitted by Freddie Mac state mortgage agency. So, a 30-year mortgage rate has increased up to 4.58% per annum, while a 15-year loan is issued at a rate of 4.02%. It should be noted that the rate does not include other payments related to mortgages.
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As Chipotle Soars on Turnaround Hopes, Troubled Hedge Fund Titan Bill Ackman Gets a Boost

It's been a rough year for hedge fund titan Bill Ackman, whose firm Pershing Square has suffered three straight years of losses partly due to bad, high-profile bets on Valeant and Herbalife. But now that Chipotle's stock has jumped 24% on Tuesday thanks to increased revenue and investor confidence in
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Why Aren't US Liberals Outraged About Alfie Evans?

What the British government is doing to a baby and his family is almost unbelievable. The government has determined that Alfie Evans, afflicted as he is by a rare neurodegenerative disorder, has so poor a quality of life that no efforts should be made to keep him alive. He was taken off ventilation, but
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Ellie Mae Defies the Mortgage Industry's Slowdown

Investors are scared about the state of the mortgage market, and that's created consternation about mortgage software platform provider Ellie Mae (NYSE:ELLI) and its ability to keep producing the huge growth that it has seen in recent years. Concerns about rising interest rates have been around for a
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Little Chute tops statewide list for healthiest housing market

The village of Little Chute is getting some state wide attention. A recent survey from the financial website, SmartAsset, ranks Little Chute on the top of the list for healthiest housing market in Wisconsin. Click here to view the survey. Notice, the Village of Howard took the 2nd spot, and Green Bay ended up
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Freddie Mac: Mortgage Rates Hit Highest Level Since August 2013

Mortgage rates continued their upward climb this week, with the average rate for a 30-year fixed-rate mortgage rising 11 basis points to 4.58%, up from 4.47% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. “Mortgage rates are now at their highest level since the week of
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Housing market a major challenge for Vernon businesses

VERNON – The challenging housing market and lack of affordable homes is making it difficult for some local businesses to attract and keep staff. That was one of the findings of an economic outlook survey presented to Greater Vernon Chamber of Commerce members today, April 26. Around 200
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Mortgage rates highest since 2013

WASHINGTON >> Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage
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Will the TSB chief pay the price for its online banking meltdown?

But here's a deal where the bankers' bonanza looks even more extreme. Nex Group, Michael Spencer's financial technology outfit, has somehow found itself on the hook for £45.4m as it is bought by Chicago-based CME Group for £3.9bn. Formal documentation shows the lion's share of £37.9m is
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Today's Pocket Camp update includes a scavenger hunt, new fortune cookies, more

The fortune cookie feature still might be pretty new to Pocket Camp, but that isn't stopping the game from introducing a new series of items for you to collect. Hopkin's Game Cookie is now in stock at the Fortune Cookie Shop in the Market Place. Inside this delicious treat you'll have the chance to acquire
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Econometer: Are we approaching housing bubble territory?

NO: Rising interest rates will slow the pace of home price appreciation. However, conditions do not seem favorable for a collapse in home prices in the near term. Relative to the housing needs of the area, the supply of housing has been growing slowly. And, mortgage lending practices are not as
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With real estate market in 'extra innings,' investors struggle to find good deals

Now, the big questions are how long can the hot market continue and how can investors keep making money, said Kenneth McCarthy, principal economist with Cushman & Wakefield, who spoke on a panel Thursday during the Eisner Amper West Coast real estate summit in San Francisco. “This has
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Rosendale Releases His First TV Ad in Montana Senate Primary

Rosendale Releases His First TV Ad in Montana Senate Primary

Rosendale's accountant told the Helena Independent Record Wednesday that the title company made a mistake by checking the box on the form under Rosendale's signature indicating he was a Maryland resident and was therefore entitled to a tax exemption. The title company informed the
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Innovating Throughout the Mortgage Lifecycle: Fannie Mae's Henry Cason

In his role as SVP, Head of Digital Products at Fannie Mae, Henry Cason is responsible for the design, development, and launch of a digital suite of products and services across single-family residential mortgage loan life cycle. He is also responsible for fostering the integration of Fannie Mae's
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Long Island Housing Market Making A Serious Comeback

According to a report by Miller Samuel Appraisers, Long Island home buyers are giving the housing market the fastest start to the year since the housing boom of more than a decade ago. “As long as we have this buyer demand, even if interest rates go up, which I think people are talking about more than
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Digital-only banking customers are the least satisfied. Here's why

When it comes to how we bank, we really do want it all. Given the convenience of mobile banking, specifically things like the ability to deposit a check by taking a photo of it, there often are questions about the future of branches. The J.D. Power 2018 U.S. Retail Banking Satisfaction Study makes a strong
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Toronto-Dominion Raises Mortgage Rate in 'Biggest Move in Years'

… has been on a wild ride. House prices in Toronto have begun to stabilize after dropping sharply from last year's dramatic spike, while prices in Vancouver have rebounded. Sales volumes are still down from last year however after the government introduced regulations to make mortgages more costly.
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The Industry Pulse: Updates on Auction.com, Ocwen, and More

California-based First American Financial Corporation, a global provider of title insurance settlement services and risk solutions for real estate transactions, today announced financial results for the first quarter ended March 31, 2018. Total revenue for Q1 2018 was $1.3 billion, a decline of 1 percent
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Aluminum Bears on Treacherous Ground as Supply Shocks Continue

One of the few hedge funds to survive the downswing in the commodity supercycle has a lesson for traders trying to navigate whipsawing aluminum prices: go short at your peril. While supply fears faded this week after the U.S. eased sanctions against United Co Rusal, traders should be alert to the risk
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Banks Pile Into Riskier Deals As Influence Of Obama-era Lending Guidelines Melts Away

By Will Caiger-Smith and Alex Plough. After the financial crisis of 2008, relations between banks and regulators turned frosty. In the world of leveraged finance, federal agencies put strict limits on how much debt investment banks could load onto companies. But since self-proclaimed dealmaker Donald
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The Latest: DA: Cosby Showed His True Colors With Outburst

Norristown, Pa. (AP) — The Latest on Bill Cosby's sexual assault retrial (all times local):. 3:55 p.m.. A prosecutor says Bill Cosby showed his true colors when he went on an expletive-laced tirade after his conviction on sexual assault charges. Cosby called District Attorney Kevin Steele an “a–hole” in court
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Real Estate Software Market Globally by 2023- Accruent, Yardi Systems, RealPage and MRI …

Worldwide Real Estate Software market report is divided by driving producers, regions, applications and type to give every single pivotal detail to the perusers. A comprehensive information of Real Estate Software market based on portfolio, applications, cost, producing processes involved in Real Estate
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Planet Home Lending hires Michael Kula as new chief operating officer

“The company is extraordinarily lucky to have someone with Kula's wide-ranging experience across all facets of our business,” said Planet Home Lending CEO and President Michael Dubeck. “Kula's diverse experience at the highest levels gives us an advantage few of our competitors can match.”
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Apple Officially Discontinues Its AirPort Wireless Routers

Apple Inc. is discontinuing its line of AirPort Wi-Fi routers after not updating the devices for about five years. The routers let Macs, iPhones, iPads and products from other companies connect to the internet wirelessly. Apple had three versions — the AirPort Extreme, which worked over greater distances,
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Banking App Revolut Becomes Tech 'Unicorn' Valued At $1.7 Bln After Latest Funding Round

U.K.-based Alternative banking app Revolut reported today, April 26, that they have raised $250 mln in a Series C investment round, giving them an overall $1.7 bln valuation and thus making them a “unicorn” – a startup with over a $1 bln valuation. In December of last year, the Revolut app added an
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Mobile Banking One of Top Three Most Used Apps by Americans, 2018 Citi Mobile Banking Study …

New York – Apps for mobile banking have become some of the most widely used by Americans, according to Citi's 2018 Mobile Banking Study, released today. The survey of 2,000 U.S. adults found that, measured by top two ranked responses, 31 percent of consumers use their mobile banking app the
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No end in sight for Waterloo Region commercial real estate boom

Morassutti was speaking Thursday at the commercial real estate firm's annual Southwestern Ontario Market Outlook breakfast in Kitchener, that highlighted, among other trends, how technology is influencing commercial real estate. Mass production of advanced autonomous vehicles is expected to begin
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China Cracks Down On Banks' Risky Lending Practices

The CBIRC will first focus on consumer and real estate lending practices and emphasize its oversight in areas in which household debt is particularly high, the sources said. Credit cards and home-backed loans will be analyzed, while officials are also reportedly looking into how banks monitor whether
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Zephyr Real Estate Welcomes Visit from Mayfair International

To learn more about Mayfair International and Zephyr Real Estate, visit either company's websites and take advantage of their compelling benefits. About Zephyr Real … is San Francisco's No. 1 real estate firm with nearly $2.3 billion in gross sales and a current roster of more than 300 full-time agents.
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Taking out a reverse mortgage is almost never a good idea — here's why

Reverse mortgages are loans available to people over 62 who would like to borrow against the value of their homes. They are often exorbitantly expensive — requiring additional premiums and fees. Instead of interest compounding on a lower number every month, like a regular mortgage, reverse
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City analyzes housing survey data

River Falls city staff have been analyzing the results of a recent housing survey. … The goal, Peterson said, was to get a big picture of the housing market within the city. “We've got a wealth … The survey also showed that young professionals have been struggling finding entry-level, non-student housing.
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The 25 US cities where single people are most likely to own their homes

The real estate markets in US cities such as Philadelphia and San Jose lend themselves to single homebuyers. … Among all the top 25 cities, SmartAsset identified two key trends: cities with large senior and retiree populations tended to place well, as did cities with low median home values. Read on to
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Iraq Awards Some Oil and Gas Blocks as Exxon and Total Drop Out

Iraq Awards Some Oil and Gas Blocks as Exxon and Total Drop Out

Iraq awarded contracts for just over half of the energy deposits offered in an auction that failed to attract bids from most of the big oil companies that initially expressed interest. Crescent Petroleum Co. of the United Arab Emirates, China's Geo-Jade Petroleum Corp. and United Energy Group, with
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Freddie Mac takes aim at FHA with widespread expansion of 3% down mortgages

The program, which is designed for qualified low-and moderate-income borrowers, saw reasonable progress over the last few years, with Federal Housing Finance Agency Director Mel Watt telling Congress last year that Freddie's 3% down program (along with a similar one from Fannie Mae) was
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Permanently Affordable Housing Gets Its Own Accelerator Program

But there are ways around the housing market's high bar to entry, and one of them is a community land trust–a nonprofit housing system that buys up land and places it into community development for the purpose of ensuring long-term affordability. The CLT owns the land, and either sells or rents out
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Housing market still exposed to instability: CMHC

TORONTO — Canada's housing sector is facing a high degree of vulnerability to market instability for the seventh straight quarter, with Toronto, Hamilton, Vancouver and Victoria shouldering the brunt of the risks. That's according to the Canada Mortgage and Housing Corporation, which analyzed
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Revolutionario Won a Fight Against Real Estate Developers—Now They're Asking Customers for …

Beloved South L.A. cafe Revolutionario is humming during most hours of operation. Customers are drawn to the delicious fusion fare that fits North African flavors and ingredients into fun, familiar dishes like tacos and quesadillas—and to the hospitality of Farid Zadi and Susan Park, the married couple
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12 housing markets with prices near their peak before the recession

National home prices increased 9.1% during the first quarter, but local home prices in nearly half of all major housing markets are still below their peak … buyers may face fewer affordability challenges in these cities, especially with rising mortgage rates creating additional cost hurdles for consumers.
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MassHousing honors two county banks

Lee Bank was recognized for being the agency's top producer of loans in Berkshire County in 2017. The bank produced 16 loans worth $1.7 million last year, according to the state agency. Adams Community Bank was recognized with a MI Only Rising Star award for using MassHousing mortgage
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Bloomberg Markets: EisnerAmper Global Real Estate Summit

GUESTS: Ken Weissenberg Partner EisnerAmper Real Estate Practice Discussing real estate trends from the EisnerAmper Global Leaders in Real Estate Summit West in San Francisco. Justin Guichard Managing Director Oaktree Capital Management Discussing discusses challenges facing real estate
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Ethereum's ERC721 Can Be Used to Process Real Estate Sales on Blockchain

ConsenSys, a blockchain software technology firm founded by Ethereum co-creator Joseph Lubin, and open-source development group OpenLaw Core have created a new method for processing real estate sales on Ethereum's immutable blockchain network.
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Jeff Bezos Boosts Fortune by $12 Billion in a Day on Amazon Surge

The Amazon.com Inc. founder added $12 billion to his fortune as the company's shares surged 6.3 percent to $1,614 in extended trading at 4:33 p.m. in New York — on top of a 4 percent gain during the regular session — after the retailer reported results that beat Wall Street estimates. That lifted Bezos's
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Rising Rate Fears Spoil the Planned Party in Housing ETFs

The housing sector normally performs better in the key spring selling season, which is considered the peak time for home sellers. Normally, the season starts in March and lasts through May-June thanks to warmer weather after a chilly winter and buyers' inclination to move to a new house before the
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Mortgage Rates Highest Since 2013; 30-Year At 4.58 Percent

Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years, and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac
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NZME's OneRoof online property guide launches in Hawke's Bay

The OneRoof website enhances New Zealand's latest real estate with the latest property and market insights to help make your property decisions easier. Local schools, crime stats, commute times, property values, market trends, mortgage calculators and an open homes planner are all included.
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Deutsche Bank finance chief: We have to 'define and defend' the company

The bank on Thursday announced plans to significantly reduce its workforce through the rest of this year, following its report of 120 million euros ($146 million) in first quarter net profits — versus 575 million euros in the prior year period — and a 5 percent drop in revenues. Revenues for all businesses
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Southwest Airlines' Bookings Have Declined After Passenger Killed

Southwest Airlines says it has seen a decline in bookings on the airline following a fatal accident last week where a passenger was killed, The Wall Street Journal reports. The incident marked the first airline fatality on a U.S. carrier in nine years and occurred when an engine on the plane blew, breaking
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Chinese company taps into Moroccan market by promoting group-buying to farmers

Hangzhou Alpha Technology (OKCHEM), an e-commerce platform specializing on chemical product trade, set up a booth at Morocco's annual International Agriculture Exhibition, held in the northern city of Meknes, to promote the “fertilizer group-buying” to local farmers. “Group-buying” offers a product
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Wells Fargo's auto lending division moving Irvine, Rancho Cucamonga workers out of state

Employees at three Wells Fargo's auto lending offices in Rancho Cucamonga and Irvine are deciding whether to stay or go as the bank shifts work to hubs out of state. On April 20, the San Francisco-based bank settled charges relating to bad auto insurance loans that came to light last summer.
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LendingClub was sued for the fees it charges — how you can avoid being overcharged

Some consumers paid more than they expected on their loans, and this week they're seeing some repercussions for their lender. LendingClub LC, +3.52% a company that pairs borrowers and investors for peer-to-peer lending, was sued by the Federal Trade Commission this week, after regulators said
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Capstead Mortgage's (CMO) CEO Phillip Reinsch on Q1 2018 Results – Earnings Call Transcript

Capstead Mortgage Corporation (NYSE:CMO) Q1 2018 Earnings Conference Call April 26, 2018 9:00 AM ET. Executives. Lindsey Crabbe – IR. Phillip Reinsch – President and CEO. Robert Spears – EVP and CIO. Analysts. Eric Hagen – KBW. Steve DeLaney – JMP Securities. Operator. Good day and
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Ronny Jackson's VA Nomination Debacle Highlights America's Drug Overprescribing Problem

White House doctor and Rear Admiral Ronny Jackson's tumultuous nomination by President Donald Trump to lead the Department of Veterans Affairs (VA) came to an abrupt end Thursday. Jackson withdrew his VA nomination—which had already taken some by surprise given his lack of government
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The only one in the room: How the Bay Area's real estate industry is grappling with diversity (Video)

The only one in the room: How the Bay Area's real estate industry is grappling with diversity (Video)

It's a familiar experience for Malik Harris, an African American broker with CBRE; for Susan Yau, an Asian director of retail property sales at Cushman & Wakefield; for Robert Sammons, a research director at the same firm who is gay and for other commercial real estate professionals. All said they often
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Canada's housing industry is still highly vulnerable to market instability: CMHC

TORONTO — Canada's housing sector is facing a high degree of vulnerability to market instability for the seventh straight quarter, with Toronto, Hamilton, Vancouver and Victoria shouldering the brunt of the risks. That's according to the Canada Mortgage and Housing Corporation, which analyzed
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Analysis: Just What Did Mick Mulvaney Say in His ABA Speech?

On Tuesday, Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), gave a speech before the membership of the American Bankers Association (ABA) that has been widely reported as reaffirming the venality and corruption of Washington. In reality, Mulvaney offered a
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Global Real Estate Agency Software Market Outlook & Analysis 2018-2023: ShowingTime, dotloop …

The latest research report which focuses on Global Real Estate Agency Software Market 2018 and presents in-depth information and professional Real Estate Agency Software market analysis across the global, regional and country level industry. The report provides detailed research on the Real Estate
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US mortgage rates highest since 2013

On Thursday, April 26, Freddie Mac reports on the week's average U.S. mortgage rates. Rogelio V. Solis — The … Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages jumped to 4.58 percent from 4.47 percent last week. By contrast, the benchmark rate averaged
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Federal Home Loan Bank of Dallas Reports First Quarter 2018 Operating Results

DALLAS–(BUSINESS WIRE)–The Federal Home Loan Bank of Dallas (Bank) today reported net income of $41.7 million for the quarter ended March 31, 2018. In comparison, for the quarters ended December 31, 2017 and March 31, 2017, the Bank reported net income of $31.4 million and $35.1 million
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TSB 'on its knees' over online banking fiasco says boss

The chief executive has been ridiculed on social media after he tweeted that services were back “up and running” at 4am on Wednesday – hours before having to admit that online banking was still only running at 50% capacity. He told Sky News: “We have tripped up big time, we are on our knees.
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Two of Missouri's most expensive homes are near the KC area, website says

The most expensive luxury residence in Missouri is a working cattle ranch near Drexel, about 50 miles south of Kansas City. The 1,800-acre estate, called Dreamland Ranch, is listed for $15.2 million. PropertyShark, a website that covers real estate market trends and industry news, compiled a list of the
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Fortress affiliate FMP suspends its business operations

A mortgage brokerage firm that raised millions from investors to finance projects for Fortress Real Developments Inc. has notified clients that it is going out of business. FMP Mortgage Investments Inc. sent a letter to clients on Wednesday saying it is surrendering its mortgage brokerage licence and
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Thursday 4/26 Insider Buying Report: PM, NBEV

On Wednesday, Philip Morris International's Deputy Gen. Counsel, Jerry Whitson, made a $248,282 purchase of PM, buying 3,000 shares at a cost of $82.76 each. Bargain hunters have the opportunity to bag PM even cheaper than Whitson did, with the stock trading as low as $80.47 in trading on
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Rates hit four-year high

“Mortgage rates are now at their highest level since the week of August 22, 2013,” said Sam Khater, Freddie Mac's chief economist. “Higher Treasury yields, driven by rising commodity prices, more Treasury issuances and the steady stream of solid economic news, are behind the uptick in rates over the
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Hedge fund attacks Bruce Berkowitz's top holding

In February 2017, the fund lost 6.2% in one day when its 18.7% combined position in Fannie Mae and Freddie Mac was hit by a court case that ruled the firms must pay all of its profits to the government as dividends, rather than to investors. Berkowitz's other big bet, struggling retailer Sears Holdings,
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Fortune cookie 'lucky numbers' earn $30070 lottery jackpot

April 26 (UPI) — A Maryland woman said the “lucky numbers” listed inside her fortune cookie earned their title when they won her a $30,070 lottery jackpot. The Hanover woman told Maryland Lottery officials she joked to her father that he needed to win the lottery so he could pay for her upcoming
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Fintech company Clear Capital makes plan to double in size

Clear Capital, a national fintech company which won HousingWire's Tech100 award in both 2017 and 2018, announced it plans to double in size over the next five years. Clear Capital's success led to Freddie Mac selecting it back in 2014 to power the collateral review of appraisals submitted through the
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Mortgage Rates Hit Four-Year High

“Mortgage rates are now at their highest level since the week of August 22, 2013,” said Freddie Mac Chief Economist Sam Khater. “Higher Treasury yields, driven by rising commodity prices, more Treasury issuances and the steady stream of solid economic news, are behind the uptick in rates over the
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Is Buying Oil States International, Inc. (OIS) Here a Winning Strategy?

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.35, from 0.99 in 2017Q3. It is positive, as 18 investors sold Oil States International, Inc. shares while 46 reduced holdings. 27 funds opened positions while 59 raised stakes. 57.20 million shares or 4.19% more from 54.90 million shares in 2017Q3
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Strip-Club Promos Vie With Gender Equality at Chile Mining Expo

Latin America's top mining exposition kicked off with a seminar on promoting gender equality. Meanwhile, at the exhibition center a few miles away, women in tight dresses and high heels posed next to mining tool booths and strip-club promoters at the entrance offered two-for-one drink coupons to
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Crypto Hedge Fund Says Bitcoin Is a 'Screaming Buy'

In a interview with Bloomberg Television Thursday, Morehead said Pantera has about 10 percent of its investments in Bitcoins, which approached $20,000 apiece late last year before retreating to about half that in the following months. But the fund's single largest bet is on Icon, which will let different
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Energy market might beat banking onto blockchain

Moody's analyzed in April the potential downside for investors in bank bonds if blockchain technology becomes widely adopted and reduces the cost and time taken up in executing cross-border banking transactions. Colin Ellis, managing director in credit strategy, concedes: “Banks could benefit
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Discontinued Ford Sedans Through the Years in Photos

Ford announced it will no longer make traditional sedan models in an effort to save costs and focus on SUVs. Ford plans to trim their car portfolio in North America to only two models: the sporty Mustang and the new crossover Focus Active starting in 2019. So, which Ford sedans will be phased out?
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Senate Confirms Pompeo as Trump's Secretary of State

Senate Confirms Pompeo as Trump's Secretary of State

The U.S. Senate confirmed CIA Director Mike Pompeo to be secretary of state after weeks of heated debate that was as much about growing discord over the Trump administration's handling of diplomacy as it was about the nominee himself. The 57-42 vote came after Pompeo lost the support of many
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Can Golf Save Cuba's Version of Socialism?

This golf event in Varadero was a great marketing stunt to convince foreign investors that the Cuban government was serious about its plans to build golf courses and that the Castros had forgotten about their joke to Eisenhower or the challenge they made to Kennedy, and that they could have also left
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Chuck Bowman, President, Monarch Title Company

I worked for an electric utility, which proved to be outstanding training for supervising people and managing projects. I've also worked as a project manager at a management services company specializing in property management and real estate services, and now I'm in the title insurance profession.
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Banking royal commission: Lax lending by banks could see our debt problem come crashing down

Under the National Consumer Credit Protection Act 2009, credit providers are required to lend responsibly. This means that before lending, the credit provider must assess the suitability of a loan for a borrower, which involves an assessment of the borrower's capacity to repay the loan as well as an
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Benchmark Mortgage Rate Jumps, Nearing 7-Year High

… matching the 4.58 percent average rate last seen in August of 2013, which was the highest since a 4.60 percent average rate in July of 2011, according to Freddie Mac's Primary Mortgage Market Survey data. At the same time, the average rate for 15-year fixed mortgage has ticked up another 8 basis
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Housing median sales prices up again in Fairfield County

Among property types, the average sales price for a single-family Fairfield County home in the first quarter was $751,434, down 7.3 percent from the $810,272 price in the fourth quarter and down 0.5 percent from the first quarter of 2017 price of $755,483. The median sales price in the first quarter was
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Under US gaze, Latvia votes to dismantle banking bridge to Russia

RIGA/FRANKFURT (Reuters) – Latvia's parliament voted on Thursday to scale back domestic banks' ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the Baltic state to do more. Prime Minister Maris Kucinskis vowed to improve policing of banks after
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Loans that brought down housing market making a comeback, experts warn

But most importantly, he says, unlike subprime, nonprime loans are not qualified to be purchased by government-backed agencies like Fannie Mae and Freddie Mac. Sasser says these loans can be a good thing for millions of Americans frozen out of the housing market. “Like a fire, it can be a great tool
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Invesco Real Estate Closes $80m Senior Loan in California for Bella Posta Multi-Family Complex

ATLANTA, April 26, 2018 /PRNewswire/ — Invesco Real Estate (Invesco), a global real estate investment manager, announces today that it has originated a $80m senior loan as part of its rapidly expanding commercial real estate lending platform. The loan origination has been secured to finance the
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Harvey ushered in a new reality for local real estate

Frank Placencia's house on South Braeswood is a typical Meyerland new build — except for one thing: It's 10 feet off the ground. The house is so tall and so seemingly out of place that people have nicknamed it “Swamp Castle,” “the Grandaddy” and “the Houston walk-up.”
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Here are Q1 2018's homeownership drivers

“Today's Housing Vacancies and Homeownership Survey data release for 2018 Q1 shows the homeownership rate ticked upward on a year-over-year basis for five consecutive quarters, but held steady from 2017 Q4,” Veritas Urbis Economics Founder and Chief Economist Ralph McLaughlin said.
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Do you have questions about HousingWire's Women of Influence program?

It takes a significant amount of time and resources for HousingWire's editorial team members to organize and successfully determine who will be named to this year's list. Those selected to this year's class of Women of Influence will be featured in the upcoming August issue of HousingWire, and receive
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Amazon Checking-Account Threat Puts Regional Banks on Defensive

In interviews about the industry's first-quarter results, Dolan and his counterparts at other banks say they're also getting ready for Amazon by beefing up … That differed from the five biggest Wall Street banks, where combined investment-banking revenue slipped 3 percent during the first three months of
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Tag Archives: prospects amid

… climb this week, reaching their highest level in more than four years and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, …
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Why Amazon and Google Haven't Attacked Banks

The reason: Banks are rapidly emerging as big potential customers for the fast-growing, cloud-computing businesses of Amazon.com Inc., AMZN 4.46% Alphabet Inc., GOOGL 2.58% and Microsoft Corp. MSFT 2.96% That is making technology companies think twice about alienating them by becoming
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Ally seizes opportunity in used-car lending

Ally Financial seized an opportunity in its auto-lending business during the first quarter, but it also contended with the challenge of running an online-only bank at a time when some depositors are chasing higher yields. The Detroit company on Thursday reported net income attributable to common
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Birmingham's Only Fortune 500 Company Names New CEO

BIRMINGHAM, AL – One of the largest regional banks in the country, and Birmingham's only Fortune 500 company, Regions Financial Corp., has named a new CEO. Regions announced Wednesday that John Turner, who currently serves as president, will become CEO of Regions Bank and Regions
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Metro Vancouver housing market still 'vulnerable' – for eighth straight quarter

The quarterly Housing Market Analysis analyzes real estate markets across Canada, assessing a combination of four key risk factors: overheating, when demand for homes in the region outpaces supply; sustained acceleration in house prices; overvaluation of house prices in comparison with levels that
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Mortgage REITs move mostly higher after earnings, M&A

The big mover today is CYS Investments, which reported a rough Q1, but is up 9.5% after Two Harbors (NYSE:TWO) agreed to purchase for modestly above book value. Two Harbors is down 3% on the news. AGNC Investment (AGNC +0.2%) is posting a modest gain after reporting a sizable decline in
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Police Body Cameras Could Get Facial Recognition Technology

A company that makes body cameras used by police forces across the country is weighing the benefits of adding facial recognition technology to the cameras. Axon, which makes Taser electroshock weapons body cameras, launched an artificial intelligence ethics board for public safety to guide the
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States Signal Increased Protection Efforts as CFPB Pulls Back

States Signal Increased Protection Efforts as CFPB Pulls Back

In response to these actions, state financial regulators have signaled their intention to increase regulatory and enforcement efforts in the mortgage … by the new administration's sudden policy shift, which is clearly intended to undermine necessary national financial services regulation and enforcement.
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Customers Bank Adds a Banking Group to the Private & Commercial Banking Division In the New …

WYOMISSING, Pa., April 26, 2018 (GLOBE NEWSWIRE) — Customers Bank, a leading super-community bank with operations in Pennsylvania, District of Columbia, Illinois, New York, New Jersey and New England, announced today the addition of a new banking group to its Private and Commercial
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Clear Lake Real Estate: Build To Suit

CLEAR LAKE, TX — The sea breeze is calling and you want to feel the sand between your toes literally every day. If this sounds like you, and you've held the dream of building on the bay, then you'll want to see the lots available onrealtor.com. Here's a round of what's out there in Clear Lake: This lot is
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Nintendo's New President Marks Start of New Dynasty

Nintendo's announcement that company president Tatsumi Kimishima would step down at the end of June caught the video game world off guard Thursday. Shuntaro Furukawa, who will take the reins once shareholders sign off on the transition, is something of an unknown to investors and gamers, but
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Homeowner vacancy rate declines to lowest level since 2001

The declining vacancy rate only adds to concerns about record low housing supplies, Genworth Mortgage Insurance Chief Economist Tian Liu said. … sale in March, down 7.2% from a year earlier and the lowest for that month in data going back to 1999, according to the National Association of Realtors.
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More Mortgage Loans Being Approved, But Blacks and Hispanics Still Likely to Be Denied

There is bittersweet news on the home loan approval front for African Americans, a new report reveals. Mortgage loans are denied at the lowest rate in the past 20 years, but a stark divide remains between potential home buyers of different racial groups, according to online real estate firm Zillow.
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St. Louis-area real estate agents: FOMO is pushing some millennials to buy homes

A new trend among millennials is bucking their reputation as kids who just want to live in their parent's basement. They are buying houses and social media may be a big reason why. “As soon as I saw it I was just blown away by it,” said Patrick McGlynn, a 26-year-old who bought his first house in the
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The Verdict Is In: Bill Cosby Found Guilty of Sexual Assault

Announcing their verdict on Thursday, a jury outside of Philadelphia found Bill Cosby guilty of all three sexual assault charges brought against him. In his retrial, 80-year-old Cosby was convicted of three counts of aggravated indecent assault, for drugging and sexually assaulting Temple University
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Solar Sail Games on debut title Smoke and Sacrifice and the challenges of funding indie games

“Tancred [Dyke-Wells, co-founder and art director at Solar Sail Games] called me up about two years ago,” says Neil Millstone, co-founder and technical director at the studio. “He'd recently left Headstrong Games where he had been creative director for many years. We hadn't worked together in nearly
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As Levant's First Banking Green Bonds Issued, IFC Targets Ramp-Up in Investment

As Levant's First Banking Green Bonds Issued, IFC Targets Ramp-Up in Investment … DUBAI (Reuters) – The International Finance Corporation, the private sector arm of the World Bank, expects to invest up to $300 million in green bonds, mainly in the financial sector, in the Middle East and North Africa
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Rising Mortgage Rates' Effect on Home Sales to Remain a Question All Year

Will it or won't it? That's what many in the real estate market are wondering about the impact that the increase in mortgage rates will have on home sales. After all, depending on what data point is released, the rate increases aren't having any impact or are resulting in a decline in mortgages. While the
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Donald Trump Says James Comey 'Guilty of Crimes'

President Donald Trump alleged that former FBI Director James Comey is guilty of leaking classified information to prompt a special counsel's appointment, and he accused his own Justice Department of inaction in order to engage in a “witch hunt” against him. “He leaked classified information in order
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Deutsche Bank Is Said to Be Planning Cuts to US Jobs

Deutsche Bank AG is planning to cut headcount in the U.S. by more than 10 percent, a person briefed on the matter said Thursday. It's the first concrete indication of how far Germany's largest lender is planning to retreat from its past ambition to be a global investment bank, a goal it has pursued for some
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Regions Banking on early 2019 completion for mortgage center

In a video posted in late March to Facebook and YouTube, Mayor Toby Barker said city workers will soon begin construction on a sewer line that will run parallel to Lamar Boulevard. “This will serve the businesses along this route, including the new Regions facility,” he said. “It will also include a new
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Owning Is the New Renting: Homeownership Trends Upward as US Loses Renter Households

The rate for a 30-year, fixed-rate mortgage hit 4.58% this week—the highest level since August 2013, according to data released by Freddie Mac on Thursday. Limited inventory and rising prices are also making it difficult for young people to buy their first homes, as they compete in fierce bidding wars
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Deutsche Bank pulls investment banking programmes after YEARS of failure: UK jobs at risk

Germany's biggest bank admitted defeat in its bid to join the elite of global investment banking after announcing a major overhaul of its troubled investment bank. After a decade of fines, sinking profits and cuts, the German giant announced today that it is “not strong enough” to compete in the corporate
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Home sales in New Mexico continue to set records

“The average days on the market for a property in March was 78, compared to 86 days in February 2018,” M. Steven Anaya, RANM chief executive officer, … largest trade associations, representing more than 6,000 members involved in all aspects of the residential and commercial real estate market.
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Joyner Library – Interlibrary Loan Lending Assistant

Position Information. Advertising Department, LIBRARY SERVICES-JOYNER. Academic Term/Year, Summer – 2018. Position Title, Self Help – Joyner Library – Interlibrary Loan Lending Assistant. Posting Number, 00589. Position Number, 00589. Student Job Category, Student – Self-Help Campus Job.
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Not Now, Charlie Rose

Disgraced journalist and former CBS television host Charlie Rose may have a new show in the works. Worst of all, it's about himself. According to news reports, the show being discussed will involve Rose interviewing other high-profile men who have been ousted for their behavior as part of the #MeToo
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Arie Luyendyk Jr., Lauren Burnham buy home together: 'Another huge step'

April 26 (UPI) — Arie Luyendyk, Jr., and Lauren Burnham have taken “another huge step” by buying a home together. … “Buying a house is obviously another huge step in our relationship and we are excited to really make this our home,” Luyendyk said of the 2,607 square foot home in Phoenix, Ariz.
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