16 banks and United Nations produce first guidance to help banking industry become more …

16 banks and United Nations produce first guidance to help banking industry become more …

The innovative methodology, developed with the support of management consultancies Oliver Wyman and Mercer, will help the banking industry implement the ground-breaking recommendations of the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD); The
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What does it mean to refinance a loan?

Personal loans tend to have lower interest rates than credit cards and friendlier repayment terms. If you're refinancing your mortgage to lower your monthly payments, your credit score and income determine your new rates. Make sure you have all your requirements to refinance your mortgage.
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Chipotle Shares Jump 20% As New CEO Starts Turnaround Plan

Chipotle Mexican Grill (cmg, +11.68%) has a brand new CEO and Wall Street seems to think he has the Midas Touch needed to get the burrito chain back on track at last. Brian Niccol became CEO on Mar. 5 after as stint as head of Yum Brands' Taco Bell, tasked with turning around a one-time Wall
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Nonprofit draws hundreds at opening of Baltimore event to give mortgage pre-approvals on the spot

Along with hundreds of others, the West Baltimore couple crowded into the ballroom of the Radisson Hotel on Fayette Street for a chance to see an underwriter from a national nonprofit for a mortgage loan that comes with a fixed rate of about 4.3 percent, no down payment and no closing costs.
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Is the Consumer Financial Protection Bureau the most powerful federal agency ever? Not quite

Congress gave the Fed the power to enact rules to protect consumers from unscrupulous mortgage lending in 1994. But it wasn't until 14 years later, after risky subprime loans inflated a housing bubble that burst triggering the Great Recession, that the Fed adopted rules prohibiting unfair, abusive or
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Facebook Didn't Read the Fine Print on Data-Harvesting App

Get Data Sheet, Fortune's technology newsletter. Still, things appear to be going well for Facebook. The company on Wednesday announced that its first-quarter revenue was up 49% year over year and its $1.69 earnings per share beat analyst estimates of $1.35. The company noted that despite its
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Teens Love Vaping Flavors, and It's a Regulatory Nightmare

Traditional cigarette smoking in America has dropped to historic lows, and it looks like electronic cigarettes could be helping. As “vaping” grows in popularity, studies have shown that the habit encourages adult smokers to quit the older, nastier version. But there's a big problem—teenagers. And they're
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Origination slump has mixed impact on mortgage vendor earnings

Mortgage industry vendors' earnings varied based on the effectiveness of the strategies they used to contend with origination declines and other factors. Among the companies that generated a year-to-year quarterly net-income gain despite the slump in mortgage origination volume was First American
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Retirement scan

Many employees expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts. Retirement scan Lee Conrad 4m ago. Retirement scan Lee Conrad 4m ago
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Global Real Estate Property Management Software Market Outlook & Analysis 2018-2023: Corrigo …

The latest research report which focuses on Global Real Estate Property Management Software Market 2018 and presents in-depth information and professional Real Estate Property Management Software market analysis across the global, regional and country level industry. The report provides
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Century 21 Real Estate, Hispanic Heritage Foundation And Miami Dade College Present The 70 …

MADISON, N.J., April 26, 2018 /PRNewswire/ — Century 21 Real Estate LLC, franchisor of the iconic CENTURY 21® brand, along with the Hispanic Heritage Foundation and Miami Dade College, presented today the 70 newly-licensed real estate agents of the “Empowering Latinas” program, which
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Quicken Loans in the Winner's Circle: There are 3 types of mortgage customers

David also talks about opportunities for mortgage brokers and credit unions to work with Quicken Loans Mortgage Services and the growth of its broker channel. He also touches on tech advances in mortgage lending and what that means for Quicken's customers and their expectations of service.
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Overvaluation and price acceleration keep Canada's overall housing market highly vulnerable for …

OTTAWA, April 26, 2018 /CNW/ – Canada's housing market overall remains highly vulnerable for the seventh consecutive quarter mainly due to evidence of overvaluation and price acceleration observed in Census Metropolitan Areas such as Toronto, Vancouver, Victoria, and Hamilton, according to
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Women's World Banking plans new, larger fund for women's financial inclusion

Like its $50 million World Banking Capital Partners Fund, the new fund will invest in microfinance institutions. WWB Asset Management, which will manage the new fund, hopes to increase its impact by evaluating the companies it invests in for their gender diversity, outreach to women borrowers and
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Nomura Q4 profit slides 63 pct as retail investor risk appetite falls

Nomura set aside 30 billion yen ($274 million) in provisions for “legacy transactions” preceding its 2008 purchase of Lehman Brothers' European and Asian … which implemented a painful round of cost cuts two years ago following six straight years of international losses after buying the Lehman assets.
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Fed at Odds With Itself as It Eases Bank Rules and Raises Rates

Federal Reserve policy makers seem to be working at cross purposes. In laying out plans to ease some constraints imposed on banks after the financial crisis, the Fed is moving to free up tens of billions of dollars for financial institutions to lend to promote faster economic growth. At the same time it is
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Post Office Could Offer Retail Banking Services In New Bill

As for the post office, the idea to make retail banking services available at locations was first brought up in a report from the Office of Inspector General in January 2014. The U.S. Postal Service could make $8.9 billion annually in new revenue from receiving 10 percent of the interest and fees spent on
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Deutsche plans sweeping cuts to investment bank

Deutsche Bank is making radical changes to its underperforming investment bank and is likely to cut headcount significantly as it retrenches from the US and focuses on the European market. Just weeks after ousting chief executive John Cryan and promoting retail banking head Christian Sewing to the
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Canada's housing industry still highly vulnerable to market instability: CMHC

For the seventh straight quarter, the Canada Mortgage and Housing Corporation says the country is facing a high degree of vulnerability to market instability. The Crown corporation says Toronto, Hamilton, Vancouver and Victoria are of the most concern because of overvaluation and increasing home
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US mortgage rates highest since 2013; 30-year at 4.58 percent

Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages jumped to 4.58 percent from 4.47 percent last week. By contrast … Spiking rates on U.S. Treasury bonds, driven by rising commodity prices, helped lift long-term mortgage rates to their highest level since August 2013.
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Duterte Greenlights $15.3 Billion of Airport, Rail Projects

Duterte Greenlights $15.3 Billion of Airport, Rail Projects

A multi-billion-dollar proposal by San Miguel Corp. to build an alternative to the Philippine capital's congested airport passed a crucial government hurdle, leading the list of approvals for more than a dozen projects. San Miguel's offer to invest 735.6 billion pesos ($14.1 billion) for an integrated airport
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Least satisfied banking customers? Digital-only users

Bankers love to boast about how many customers have adopted their mobile apps and online platforms. But they may want to tone down their enthusiasm, at least until they fix shortcomings on the customer service side. Customers who use only smartphone apps or online channels are the least satisfied
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Cohen Prosecutors Accept Neutral Review, Using Trump's Words

In a five-page letter to the judge Thursday, prosecutors also used the president's own words from two hours earlier to argue that the special master's document review could move swiftly. Trump said on the Fox News program “ Fox & Friends” that Cohen was responsible for only “a tiny, tiny little fraction” of
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Lionel Messi Scores Trademark Goal at EU Court

Barcelona's Lionel Messi, the record four-time world player of the year, won a European Union court challenge over the trademark rights to his own logo, defeating a Spanish cycling clothing maker who owns the name Massi. The soccer “player's fame counteracts the visual and phonetic similarities” with
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Winners and losers: Shahid Khan's bid to buy Wembley from the FA and what it means for Spurs …

The American billionaire, who owns Fulham and the Jacksonville Jaguars, has long had visions of moving the Jags to London and becoming the owner of the first NFL team outside mainland America. But what does this mean for the FA, who spent so much money to build Wembley as the new home of
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Creating social media content in real estate, mortgage: Focus on the details

Details matter. This is a subject that I talk about all the time with my loan officers, real estate agents, and coaching clients. Everyone is so focused on just “getting things posted” that they forget about the details of their content. The details are what makes your content stand out in a noisy space.
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A Strong Housing Market Despite Low Inventory

Despite the ongoing inventory shortage and rising prices, homeownership has stayed relatively steady year over year. According to the U.S. Census Bureau, the homeownership rate year over year remained stable and rose from 63.6 percent in Q1 2017 to 64.2 percent in Q1 2018. Cheryl Young, Chief
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New JFK Assassination Records Made Public, But Trump Seals Others For Another 3.5 Years

JFK conspiracy theorists are going to have to wait another three and a half years before they get to see everything they want about the 1963 assassination of the president. On the day the final batch of federal documents tied to the murder of John F. Kennedy are scheduled to be released, Donald Trump
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A boost on the horizon for SA halaal exports

“We will use the trade show to unveil new product offerings as well as entice international buyers to visit Cape Town for our halal inward buying mission in … “We will be looking to attract investors into our agribusiness sector and boost export agricultural goods through the showcasing of our products.
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BBVA breaks ground in blockchain lending

BBVA breaks ground in blockchain lending. BBVA has complete the first global corporate loan transaction using blockchain technology, just as a blockchain-based tool for syndicated lending backed by global banks goes live. By Michael Turner; 02:30 PM. BBVA used blockchain technology from
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MetaPipe Launches Title III Regulation Crowdfunding Campaign on StartEngine Platform

“MetaPipe is moving into our next stage of growth to complete the build out of the platform and expand our partner ecosystem and client base,” said Aaron Estrada, CEO and co-founder of MetaPipe. “We chose Regulation Crowdfunding on StartEngine to go wide with our message and connect with
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Kanye West Tweets About Starting VC Fund, Meeting With Billionaire Peter Thiel

Kanye is back with a bang. In addition to writing “a real-time philosophy book” on Twitter, the rapper has also made some wild claims in the last few days. On Wednesday, West alluded to his plans around a new venture capital fund called “Yeezy VC” that would invest in food, clothing, shelter, and
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Shad Khan: I'm buying Wembley to keep the Jaguars stable in both London and Jacksonville

Jaguars owner Shad Khan has confirmed he is buying Wembley Stadium, England's premier soccer field and the home of many NFL international games. But he's positioning the move not as an attempt to take the Jaguars to London, but as an attempt to strengthen the franchise. “The Jaguars have
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Scammers Asking Money Upfront for Leads Target Movoto, Real Estate Agents

Fraudsters posing as Movoto Real Estate are trying to get real estate agents to pay $10 for a lead through cold emails and texts; it's a scam. SAN MATEO, Calif. (PRWEB) April 26 … services and technology solutions. For more information see our news and press resources and real estate market trends.
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Boring Title: Title Tips for First-Time Home Buyers

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly column will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends' entrepreneurial careers. Enough
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Greenberg Traurig eyes Mexican real estate with lateral hires

Greenberg Traurig SC has hired two partners and three associates from Haynes and Boone SC, significantly expanding its real estate offering in Mexico. The firm announced the hire of José Antonio Diez de Bonilla Martinez, 43, and Gerardo Carrillo Valadez, 36 as shareholders on 17 April. They are
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Drug Prices Are Increasing. So Is Big Pharma Lobbying

The outlook was grim for Novo Nordisk at the end of 2016. As pressure mounted over its rising insulin prices, investors drove the stock down by a third, fearing that lawmakers would cap price tags and hurt profits. So last year the company engaged in a time-honored response to public criticism. It gave
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Barclays Answers Critics With Investment-Banking Growth

The bank said it made a net loss of £764 million ($1.06 billion) in the first quarter, compared with a profit of £190 million a year earlier, after it agreed to pay $2 billion to the Justice Department to settle a claim for selling toxic mortgage-backed securities before the financial crisis. Total income totaled £5.4
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Old Republic International Corporation: Old Republic Reports Results For The First Quarter 2018

Title Insurance Results – First quarter 2018 operating results were mostly affected by basically flat revenues, and higher claim costs and general expenses.
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To Spot the Next Financial Crisis, Look Who Was Spared by the Last One

However, there are also isolated signs of the kind of trouble seen in the U.S. subprime crisis: Canada's largest nonbank mortgage lender last year survived a multibillion-dollar “liar loan” fraud by brokers only thanks to a rescue by Warren Buffett. Concerns about liar loans, where borrowers use fake
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What To Know Before Buying Stock? ServiceSource International, Inc. (SREV)

What To Know Before Buying Stock? ServiceSource International, Inc. (SREV)

ServiceSource International, Inc. (SREV) is USA based company. Currently it has a market worth of $350.99M. 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.
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Spring is home improvement season

Home equity loans. The equity in your home increases as you pay down the balance on your mortgage loan, and as the home's value appreciates over time. You can borrow against the equity by using a home equity loan. It is basically a second mortgage taken out in addition to the existing loan. You get
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Living Life After Death With Wax Idols' Hether Fortune: Interview & 'Too Late' Song Premiere

Before they were sharing the stage, Fortune was right up against it. Growing up in the middle of rural Michigan, she would hitchhike up to 200 miles to the closest cities — Detroit, Lansing, Flint — whenever Thursday came through, obsessed with Full Collapse and the emotional catharsis of seeing the
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Deutsche Bank calls time on Wall Street in retreat to Europe

Deutsche Bank's attempts to break into the U.S. markets, which are seen as an essential plank for delivering a global investment banking platform, proved to be costly as it ended up paying out billions of dollars to settle regulatory breaches, prompting speculation at one point of a bailout by Berlin.
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Facing a Bidding War? Why a Local Mortgage Lender May Offer an Edge

In tight housing markets where bidding wars are common, buyers who need financing can strengthen their offers by working with a locally based mortgage broker or loan officer, real-estate agents and lenders say. “Getting a local person helps you over certain humps—it just really does,” said Andrea
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Ask the Underwriter: Are DACA recipients eligible for FHA loans?

Ask the Underwriter is a regular column for HousingWire's new LendingLife newsletter, addressing real questions asked to, and answered by, professional mortgage underwriter, Dani Hernandez. On Wednesday, a federal judge said that the Trump administration's decision to terminate the Deferred
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Universal Health Realty Income Trust Reports 2018 First Quarter Financial Results

Numerous factors, including those disclosed herein, those related to healthcare and healthcare real estate industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 1A – Risk Factors and in Item 7-Forward-Looking Statements and Risk Factors in
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IBM Blockchain Is Tracking Diamond Rings Across the Globe

Soon ring owners will be able to look up their rings [on the same blockchain],” said IBM Senior Vice President of Industry Platforms Bridget van Kralingen in an interview with Fortune. Van Kralingen added that TrustChain is already up and running for the retailer Helzberg and its suppliers, and that
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Banker's family fight his lover over £4m fortune and antiques collection

A Swiss aristocrat and her late husband's lover are locked in a bitter court feud over half of his £4.4 million fortune and the collection of antique clocks and paintings he left behind. German financier Rainer Kahrmann did not leave behind a valid will when he died aged 71 in 2014, sparking a High Court
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Aspen Sees Soaring Property Prices

Aspen is one of the U.S's most popular high-end ski destinations, and its luxury property market reflects that, according to Thursday's first quarter sales report from Douglas Elliman. Sales of luxury properties are soaring in the tony Colorado town, helped largely by sellers reigning in their over-ambitions
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Uber Rape Accusers to Firm's Board: Free Us From Arbitration

Fourteen women who claim their Uber drivers sexually assaulted or harassed them wrote to the startup's board Thursday to insist that their class-action lawsuit be allowed to go forward in open court. The women recount being assaulted, groped and raped by their drivers in the letter. One said her driver
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Bonus Podcast: How Mobile Banking Helps Customers Get On with Their Lives

Mobile banking use is growing fast, and as mobile banking customers use it more frequently, they are able to move on more quickly to other life activities. That's a finding from Citi's 2018 Mobile Banking Study released today, and it's an insight shared by Alice Milligan — chief digital client experience
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Current Mortgage Rates Jump to Highest Levels in Four Years

Mortgage rates are up again for the third straight week. With bond yields rising this week it was really no surprise that mortgage rates would move higher as well. If you're considering buying a home or refinancing your current mortgage, we recommend that you take action soon in order to try and lock in
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Is West International AB (publ) (STO:WINT) Undervalued After Accounting For Its Future Growth?

West International AB (publ) (OM:WINT) closed yesterday at SEK11.35, which left some investors asking whether the high earnings potential can still be justified at this price. Let's look into this by assessing WINT's expected growth over the next few years. Check out our latest analysis for West
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TCF Financial's Specialty Lending Business Should Help Ease A Big Transition

TCF produced strong year-over-year revenue, earnings, and loan growth in a relatively more challenging quarter for many peer banks. TCF's above-average asset sensitivity and growing national specialty lending businesses will help offset management's decision to discontinue its large indirect auto
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Malibu Real Estate Market is Surging

Hard Rock Cafe co-founder Peter Morton is poised to sell his Malibu estate for $110M. Once the transaction is completed, the beachfront property—which was designed by starchitect Richard Meier—will become the most expensive home ever sold in L.A. County https://t.co/rW9Uq2ip2V pic.twitter.com/
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Tencent Wipeout Topping $114 Billion Shows Depth of Tech Gloom

The tech rout is getting so bad that even Tencent Holdings Ltd. is struggling to hold above a key technical level. The shares fell as much as 2.5 percent on Thursday to drop below their 200-day moving average for the first time since 2016. The Shenzhen-based giant, Asia's biggest company by market
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Why Cannae Holdings Could Rise 47%

In 1984 Bill joined Fidelity National Financial, ultimately turning it into one of the largest title insurance companies in the country. Through this entity, currently as Chairman, Bill has proven himself a masterful capital allocator–utilizing the cash flows to buy other entities, including Cannae businesses
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Barclays Trading Gives Staley Momentum, But Misconduct Bites

Overall trading revenue at the investment bank rose 8 percent to 1.46 billion pounds in the first three months of the year, compared with the 2 percent average drop forecast by three analysts surveyed by Bloomberg News. The good performance in equities — which was similar to the 32 percent surge
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Markets Today Have Much in Common With 2007

In April 2007, U.S. Treasury Secretary Hank Paulson said, “All the signs I look at show the housing market is at or near the bottom. The U.S. economy is very healthy and robust.” In June of 2007, Federal Reserve Chairman Ben S. Bernanke said, “Overall, the U.S. economy seems likely to expand at a
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FinCEN Quietly Extends Real Estate Geographic Targeting Orders for Another Six Months

FinCEN Quietly Extends Real Estate Geographic Targeting Orders for Another Six Months

Breaking from its recent practice of making public announcements about Geographic Targeting Orders, the Treasury Department's Financial Crimes Enforcement Network (FinCEN) last month quietly extended its real estate GTOs for another six months. The new expiration date is September 16, 2018.
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On Sale Near You: Your Local Mall Operator

As mall operators work frantically to reinvent themselves in the Amazon era, the most successful are turning to economies of scale. Last month, Brookfield Property Partners bought the two-thirds of GGP, the No. 2 U.S. mall operator, it did not already own for $9.25 billion, weeks after France's
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Deloitte appoints Nolan Tucker as Real Estate Director in Leeds Office

Deloitte Real Estate has named a new director at its Leeds office. Nolan Tucker brings extensive expertise advising on commercial and residential projects across Yorkshire to the role. Now advising on some of the biggest real estate projects shaping the UK's second-largest city, Deloitte's Leeds team
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GTA new homes market had a relatively sedate March

Fresh numbers from Altus Group and the Building Industry and Land Development Association (BILD) revealed that GTA's new home market saw a relatively cool month in March amid a noticeable decline. The metropolitan area saw a total of 1,960 total new home sales in March, including 1,649
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SFTS: Regulation is driving change

Regulation is driving change, especially in the collateral management space, according to a panellist at this year's Securities Lending Times Securities Finance Technology Symposium. Discussing collateral management and optimisation, a member of the collateral panel stated: “We shouldn't
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Wanted: an Investment-Banking Champion for Europe

It's been a mixed quarter for Europe's investment banks, and a downright dreadful one for Deutsche Bank AG. There's little sign of a turnaround in the region's financial firms that could threaten the growing market share of their Wall Street peers. It will take more cage-rattling from investors, including
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US mortgage rates highest since 2013; 30-year at 4.58 pct.

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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Data Sheet—Silicon Valley Emotions Are Caught Between Morose and Giddy

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Silicon Valley is feeling schizophrenic. Part of its brain is morose. Google and Facebook are under attack. European regulators menace them, U.S. legislators
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First American Financial Corporation: First American Financial Reports First Quarter 2018 Results

First American Financial Corporation (NYSE: FAF), a leading 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.
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Mortgage Rates Climb to Highest Level in Over Four Years

MCLEAN, Va., April 26, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today released the results of its Primary Mortgage Market Survey (PMMS®), showing average mortgage rates continuing the upward trajectory seen in most of early 2018.
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Title Alliance Appoints Sherrie Harmon as Escrow Officer

Title Alliance Appoints Sherrie Harmon as escrow officer for TA of Indy Metro. She brings over 25 years of experience in the real estate and title industry. MEDIA, Pa. (PRWEB) April 26, 2018. Title Alliance, Ltd, a RESPA-compliant ESOP leader in joint ventured title insurance agencies, announced today it
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Future of Residential Real Estate: Boomers, millennials drive market changes

Below, hear more from our panel in excerpts from the discussion. Melody Simmons: Karen, define the residential real estate market here in Baltimore. Karen Hubble Bisbee: It's an interesting time in the real estate industry in Baltimore. Sales are up 6 percent year-over-year, inventory unfortunately,
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Mortgage rates haven't been this high since 2013

Mortgage rates surged to their highest level in almost five years this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 4.58 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.47
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How High Drug Prices and Big Lobbying Budgets Go Together for Big Pharma

This article was produced in partnership with Kaiser Health News. The outlook was grim for Novo Nordisk at the end of 2016. As pressure mounted over the pharmaceutical giant's rising insulin prices, investors drove its stock down by a third, fearing that policymakers would cap price tags and hurt profits.
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Shad Khan set to buy Wembley Stadium

Buying Wembley doesn't necessarily doom the Jaguars to relocation, but that's what you'll hear for a while. Wembley will also still host a number of sporting events, including FA cup matches, England international soccer matches and potentially some Fulham matches if they get promoted back to the
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Freddie Mac Announces HomeOne(SM) Conventional 3% Down Payment Mortgage to Broaden …

MCLEAN, Va., April 26, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) announced today HomeOne mortgage, a new conventional (non-FHA) 3% down payment option for qualified first-time homebuyers. HomeOne mortgage broadly serves borrowers without geographic or income
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IBM's Blockchain Tech to Track Jewels From Mine to Retail Stores

… Cards For Balance Transfers in 2018Compareacards.com By LendingTree · Banyan Hill Publishing · This $22 Tech Stock is Set to Soar by 2020 (50 Billion Devices)Banyan Hill Publishing · The Motley Fool · Say Goodbye to iPhone: This Could Be 40X BetterThe Motley Fool. LIVE ON BLOOMBERG.
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Deutsche Bank plans 'significant' job cuts

Deutsche Bank will make “significant” job cuts as it scales back its corporate and investment banking operations, Germany's biggest lender has said. Its new chief executive, Christian Sewing, said the job losses were “painful but regrettably unavoidable”. The cuts will mainly fall in US and Asia, Deutsche
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Real Estate Advice: How best to help the kids buy a home

If you and your husband have sufficient resources, you could also help the kids by financing the mortgage for them. Since you and your husband would be the mortgage lender you could offer easier terms, such as minimal or no down payment or no closing costs. You can charge a higher interest rate
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Mortgage rates surge to highest since 2013

The 30-year fixed-rate mortgage averaged 4.58%, according to Freddie Mac's weekly survey, out Thursday. That marked an 11 basis point gain during the previous week, and the highest since August 2013. The 15-year fixed-rate mortgage averaged 4.02%, up from 3.94%. The 5-year Treasury-indexed
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VII International Architecture Forum will take place in Kyiv on 15th of June

VII International Architecture Forum will take place in Kyiv on 15th of June

Commercial Property, the leading B2B publication on the commercial real estate market of Ukraine, is pleased to invite to the VII International Architecture Forum “Architecture in the Era of Global Changes”. The event takes place at 5-star Premier Palace Hotel in Kyiv, Ukraine, on 15th of June 2018.
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UK mortgage lending drops 2.3 per cent in March to £20.5bn

Gross mortgage lending in the UK fell by 2.3 per cent March, compared to the same month last year, dropping down to £20.5bn. According to the latest figures from trade association UK Finance, mortgage approvals also fell by 15 per cent, the second lowest level (after December 2017) since January
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Stocks Still Trail Real Estate as Preferred Investment

WASHINGTON, D.C. — More Americans name real estate over several other vehicles for growing wealth as the best long-term investment for the fifth year in a row. Just over a third cite real estate for this, while roughly a quarter name “stocks or mutual funds.” Gold, mentioned by 17%, roughly ties
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Taptica International (TAP) Shares Up 0% on Insider Buying Activity

Taptica International (LON:TAP) shot up 0% during mid-day trading on Tuesday following insider buying activity. The stock traded as high as GBX 309.75 ($4.32) and last traded at GBX 300 ($4.18). 288,301 shares traded hands during trading, an increase of 83% from the average session volume of
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Share prices take a dive as APRA shakes up rules for lending to higher-risk investors

Under that constraint — rolled out late in 2014 to take heat out of a booming investment property market — banks were expected to limit growth in lending to investors to 10 per cent a year. As concerns about risky practices persist, APRA on Thursday said in place of that speed limit, banks would now be
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Lending to private sector goes up 6.1% in Romania in one year

The total non-governmental loans in Romania reached RON 236 billion (EUR 50.7 billion) in March, up by 6.1% compared to March 2017, according to Romania's National Bank (BNR) data. The loans in local currency RON went up 15.9% year on year while the foreign currency loans declined by 7.7%.
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Insider Buying: Taptica International (TAP) Insider Purchases £19996.52 in Stock

Taptica International (LON:TAP) insider Timothy Weller acquired 7,298 shares of the business's stock in a transaction on Monday, April 23rd. The stock was acquired at an average cost of GBX 274 ($3.82) per share, for a total transaction of £19,996.52 ($27,889.15). TAP stock opened at GBX 297 ($4.14)
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15 Things To Consider Before Closing A Real Estate Transaction

Low inventory and an abundance of buyers looking to secure the home of their dreams are creating a real estate market buzz that hasn't been seen in a while, with homes selling for well over asking price. But, what does this mean for real estate investors? With 89% of investors putting their money into
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Aimco to Sell its Asset Management Portfolio to Related Companies

DENVER–(BUSINESS WIRE)–Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) and Related Companies, today … Closing of this transaction, which is anticipated to occur in the third quarter of 2018, will complete Aimco's planned exit from its affordable housing line of business.
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Freddie Mac Announces Enhancement to STACR Notes

MCLEAN, Va., April 26, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today announced that beginning in July 2018, the company will make a Real Estate Mortgage Investment Conduit (REMIC) election on a majority of loans securitized in single-family pools. In May 2017, the company
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Walker & Dunlop Provides $17M Freddie Mac Refinancing for Seniors Housing Community Near …

Walker & Dunlop Inc. has provided $17 million in Freddie Mac financing for American Orchards, an assisted living and memory care community in the Phoenix suburb of Gilbert. Completed in June 2016, American Orchards consists of two distinct buildings: The Sapwood Building with 38 assisted living
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The Daily Shot: Are Home Buyers Rushing to Get Ahead of Rising Mortgage Rates?

To receive the Daily Shot newsletter in your inbox, please sign up at our Email Center. Previous issues of the Daily Shot are available online at DailyShotWSJ.com. Have questions, feedback or comments? Contact author Lev.Borodovsky@DowJones.com.
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AGNC Investment Corp. (AGNC) to Issue Apr 18 Dividend of $0.18 on May 9th

AGNC Investment Corp. (NASDAQ:AGNC) announced a apr 18 dividend on Thursday, April 12th, RTT News reports. Shareholders of record on Monday, April 30th will be paid a dividend of 0.18 per share by the real estate investment trust on Wednesday, May 9th. This represents a dividend yield of
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Housing: Part 294 – Rent Inflation In The UK Vs. The US

Here is an interesting article about home prices and housing costs (H/T NinjaEconomics). It's titled, “How economists (should) think about the housing market”, and I think it is correct. The author, Ian Mulheirn, points to rent as the key factor to look at regarding housing affordability and supply/demand.
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Directions Expands CX Practice as Howard Lax Joins Firm

Previously he held CX leadership positions with TNS, GfK, Harris Interactive, and ORC, and directed the CX program for Freddie Mac. Lax holds a Ph.D. and Masters Degree from City University of New York and a Bachelor of Arts degree from Union College. Directions Research is independently
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Global Purple Pottery Boiler Market 2018 Industry Growth, Share, Trends, Analysis and Forecast by …

The report provides an executive-level blueprint of the Purple Pottery Boiler in Real Estate market beginning with the definition of the market dynamics. The analysis classifies the Purple Pottery Boiler in Real Estate market in terms of products, application, and key geographic regions. With focus on
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BNY Mellon increases buying of Chinese onshore bonds as further market opening eyed

BNY Mellon Investment Management has increased its purchases of Chinese onshore government and policy bank bonds in the past month because of expectations that an acceleration in the pace of the opening up of the nation's capital markets will fuel more foreign participation in the debt market.
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Abu Dhabi's Al Hilal Bank Uncovers Internal Fraud

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Nearly 160000 homes bought with Help to Buy scheme

This scheme closed to new mortgage offers on 8 March 2015. One in four new housing completions bought with Help to Buy loan. According to research by the Intermediary Mortgage Lenders Association (IMLA), the Help to Buy scheme made up 27% of all new housing completions between April 2013
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Mortgage lending falls back in March: UK Finance

Mortgage lending fell sharply in March, with both the value of home loans and the number of approvals falling year-on-year, according to UK Finance. Gross mortgage lending is estimated at £20.5bn for the month, 2.3 per cent lower than a year before. Meanwhile the total mortgage approvals has fallen
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Analysts' Recent Ratings Updates for MGIC Investment (MTG)

Analysts' Recent Ratings Updates for MGIC Investment (MTG)

They wrote, “We expect the focus to be less on the quarter and more on 1) MTG's recent announcement of a price cut, and 2) the recentlyannounced Freddie Mac pilot program with a panel of reinsurers.”” 4/11/2018 – MGIC Investment had its price target lowered by analysts at Barclays from $18.00 to
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UK mortgage lending falls sharply on declining consumer confidence

Declining consumer confidence in the UK resulted in a sharp drop in mortgage lending last month. Gross mortgage lending by Britain's high street banks was £20.5bn in March, 2.3 per cent lower than the same month last year, according to UK Finance, the banking lobby group. The total number of
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It's Totally Legal for a Bar to Discriminate Against Trump Supporters, NYC Judge Rules

A Manhattan judge on Wednesday ruled against accountant Greg Piatek who had sued a New York City bar for throwing him out for wearing a “Make America Great Again” hat in January 2017. Piatek claimed that after he and his friends complained of rude service at The Happiest Hour bar, the staff
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GTA millennials look farther afield after new mortgage rules

Toronto's millennials are buying more space than they were a year ago but they are moving farther from the downtown to get it, according to a new report by Royal LePage. That's in part due to Canada's new mortgage stress test, which is adding significantly to the challenge of home ownership among
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Rise of 'casitas' illustrates multigenerational housing trend in Miami

While specific data showing that more Miami homes are being listed with ADUs/guest homes as added features, or that the value of casita-adjoined homes outpaces non-casita homes is very difficult to find, I can tell you anecdotally that these are trends that my colleagues and I in Miami real estate see
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Mortgage stress tests have squeezed millennials' homebuying budgets by $40000: study

The homebuying budgets of Canadian millennials shrank by 16 per cent or just over $40,000 following the introduction of tougher mortgage qualification rules in January, according to a new study. And young buyers are increasingly responding to these tighter budgets by pooling money with partners,
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FCT recognized as a Best Workplace™ for the fourth year in a row

OAKVILLE, ONTARIO, April 26, 2018 (GLOBE NEWSWIRE) — The Great Place to Work® Institute has named FCT one of the “Top 50 Best Workplaces” in Canada for the fourth consecutive year as part of its 2018 Best Workplaces list. FCT remains the first and only title insurance company to make the
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Banking app Revolut becomes UK's latest unicorn with $250m funding

Revolut, the fast-growing banking app, has become the UK's latest “unicorn” after completing one of the biggest funding rounds for a fintech start-up. The company has raised $250m (£179m) at a valuation of $1.7bn, in an investment round led by DST Global, the venture capital arm of the Russian tech
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Buying a house? New forecast says now's the time to act

Mortgage rates may have risen slightly over the past few months, but according to Freddie Mac's new forecast, things are only going to get worse. By the end of Q4 2019, the GSE expects rates on 30-year fixed mortgages to reach 5.1 percent – meaning if you're looking into buying a house, now's the
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Deutsche Bank profit tumbles amid big overhaul

Deutsche Bank AG said Thursday that net income in the first quarter declined 79% to EUR120 million ($145.9 million), the latest sign of struggle at the German lender, which this month replaced its CEO and reshuffled several other top executives. The lender also said it will adjust its strategy, pulling back
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AGNC Investment (AGNC) Announces Quarterly Earnings Results, Hits Estimates

AGNC Investment (NASDAQ:AGNC) posted its quarterly earnings results on Wednesday. The real estate investment trust reported $0.60 earnings per share for the quarter, meeting the consensus estimate of $0.60, Bloomberg Earnings reports. AGNC Investment had a return on equity of 11.89% and a
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Facebook Finds It Harder to Get More People to Log On

The good news is that the many storms raging around Facebook have lowered expectations a bit, and investors' first reaction to Facebook's earnings was a sigh of relief. Shares jumped about 6 percent in after-hours trading on Wednesday. Facebook has weathered its storms well so far. There is enough
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Barclays and Deutsche Bank Paths Diverge as Sewing Plots Retreat

The paths of two of Europe's biggest investment banks are diverging after trading revenue slumped 17 percent at Deutsche Bank in the first quarter and climbed 8 percent at Barclays. The German lender outlined plans to retrench from Wall Street, while its British rival boasted of a performance that was
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Hacked Crypto Exchange Earned $490 Million Before Epic Heist

Running a cryptocurrency exchange can be enormously profitable — so long as you don't lose your clients' assets to hackers. Japan-based Coincheck Inc., which suffered one of the biggest heists in history, earned 53.2 billion yen ($490 million) from April 2017 through January, when the theft occurred,
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Deutsche Bank Cuts Wall Street Ambition to Focus on Europe

Barclays Plc, its biggest European peer, beat trading expectations for a second straight quarter, with revenue from markets rising 8 percent, the bank said … $17 billion paying fines and settling litigation since the start of 2008, according to company filings and other disclosures compiled by Bloomberg.
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Police Are Downloading Data From People's Phones Without Warrants and Privacy Advocates Are …

“The earliest record we have of this is from 2012, when [London's Metropolitan Police] said it wanted to roll out [the tools] across London, during the Olympics,” Graham Wood told Fortune. “Since then it's spread out over the U.K.”. Graham Wood said she had personally tried out a Cellebrite UFED Touch
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Facebook Thrives, Ford Cuts, Sky Bidding War: CEO Daily for April 26, 2018

In the long run, it may not matter, argues Fortune contributor Ian Bremmer, who is one of the most thoughtful observers of the global political-economic scene. Bremmer is an unapologetic globalist (as am I.) But in his new book: Us vs. Them: The Failure of Globalism, he says that critics who focus on
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Najib Expects 'Better Result' in Malaysian Election

Malaysia's Prime Minister Najib Razak says he's expecting a “better result” in a May 9 election that will determine if the ruling coalition can extend its 61 years in power. This exclusive interview with Bloomberg News International Government Executive Editor Rosalind Mathieson and Bloomberg News
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Meet the Saudis Remaking the Kingdom's Image in Washington

The news coincided with the appointment of the embassy's first spokeswoman, Fatimah Baeshen. Raised in Mississippi, with a Southern accent and a master's from the University of Chicago, Baeshen came to D.C. in 2017 to work at Shihabi's Arabia Foundation, writing pro-Saudi reports and research.
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Mortgage apps down as 30-year rate hits 5-year high

There was a slight decrease in new mortgage applications last week as refinance activity continued to weaken amid rising rates. The Mortgage Brokers Association's Market Composite Index was down 0.2% (seasonally adjusted) for the week ending April 20 following a 4.9% week-over-week rise in the
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2018's Early Retail Bloodbath Tightens The Debt Flow

2018's Early Retail Bloodbath Tightens The Debt Flow

Retail lending in the Chicago market plummeted 47% in 2017, to $1.9B, a CrediFi report reveals. That led to an overall 17% drop in commercial real estate lending in Chicago last year. Firsel said the closures of Bon-Ton, Nine West, Toys R Us and the ongoing Sears death watch will have investors and
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China Mulls Cutting Car Import Duty by About Half

China is considering proposals to cut import duty on passenger cars by about half, according to people with direct knowledge of the matter, a move that's set to give a lift particularly to luxury-car makers such as BMW AG and Toyota Motor Corp.'s Lexus unit. The State Council, or China's cabinet,
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Stocks Stabilize as Results Roll In; Oil Climbs: Markets Wrap

The Bloomberg Dollar Spot Index climbed less than 0.05 percent to the highest in 15 weeks. The euro gained less than 0.05 percent to $1.2167. The British pound dipped less than 0.05 percent to $1.3927, the weakest in more than six weeks. The Japanese yen advanced 0.1 percent to 109.31 per dollar
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WEI Mortgage employee emails breached in phishing attack

WEI Mortgage has announced that the email accounts of some of its employees were improperly accessed after an email phishing attack, putting the security of some personal information at risk. The company said that in September, it received reports of unusual activity in an employee's email account.
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First American Financial Reports First Quarter 2018 Results

Total revenues for the Title Insurance and Services segment during the first quarter were $1.2 billion, down 1 percent compared with the same quarter of 2017. Direct premiums and escrow fees were up 3 percent compared with the first quarter of 2017, driven by a 13 percent increase in the average
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Sydney News Sydney Housing Market Cools Off

You're watching Sydney News Sydney Housing Market Cools Off More signs the Sydney property market has cooled, as house prices take their biggest hit in more than two years. To access Tenplay, you must reside within Australia. If you reside in Australia but can't access content, please contact us at
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Keep Your Eyes on Financial Stock: Washington Real Estate Investment Trust (WRE)

Washington Real Estate Investment Trust (WRE):. Share of Washington Real Estate Investment Trust (WRE) have caught the attention of the Wall Street community. The stock price is settled at $27.93 after trading hours. Taking a look at the daily price change trend and size of price movement it is
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CEO of UK's TSB bank drafts in IBM to fix online banking problems

LONDON, April 26 (Reuters) – Paul Pester, chief executive of British bank TSB whose customers have been hit by severe problems using online banking services, said he would take control of the bank's IT platform on Thursday and bring in IBM experts to fix the problems. The online problems, now in
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Radian Group Inc.: Radian Announces First Quarter 2018 Financial Results

Additional details regarding the non-GAAP measure Services adjusted EBITDA may be found in Exhibits E, F and G. During the first quarter, Radian acquired Entitle Direct Group, Inc., a national title insurance and settlement services company. While the financial terms of the transaction were immaterial
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APRA scraps cap on property investor lending

The banking regulator has announced plans to remove the cap it placed on property lending to investors three years ago in response to booming borrowing levels and an overheating property market. The Australian Prudential Regulatory Authority on Thursday said that improved lending standards
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Alek Minassian, Incel, Women of Congress: Broadsheet for April 26

Alek Minassian, the man who allegedly drove a van into a Toronto crowd on Monday—an attack that killed more than 10 people, most of whom were women—wrote a Facebook post that identified himself as an “incel.” Fortune's Chris Morris explains the term—it's an abbreviation for involuntarily celibate,
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Nintendo Puts Switch Into Hands of Famicom-Generation President

At a news conference in Osaka, Furukawa promised to bring out Nintendo's full potential. He grew up playing with the Family Computer, or Famicom, which was sold in Japan during the 1980s. The device, which popularized the gaming console for the masses, was sold as the Nintendo Entertainment
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Types of homes and how they affect your mortgage

Alternatively, the lender might require that the term of the lender's loan be no longer than the remaining number of years on the lease. Finally, the VA will not guarantee a mortgage beyond the actual time remaining on the fixed rent period of the lease, and the FHA insures mortgages only up to five years
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Deutsche Bank scales back investment bank as profit drops

The measures, which will result in job losses and higher restructuring costs and include a scaling-back of Deutsche Bank's business with hedge funds, are the initial product of a review of the investment bank, known internally as Project Colombo, which is likely to lead to further cuts, bankers said.
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Taking the Temperature of the Housing Market

Eakinomics: Taking the Temperature of the Housing Market. I've noted elsewhere that Congress has lost a decade in much-needed progress toward reforming housing finance. Indeed, much of what has happened has gone in the wrong direction. The Federal Housing Administration (FHA) has regularly
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Leftover Drugs Are Fueling the Opioid Epidemic. Now Google Maps Is Helping Families Get Rid of …

Google is getting involved in fighting the opioid epidemic. The tech giant announced Wednesday that due to concern about the growing crisis, it's decided to use its technical expertise to help families coping with it. Google Maps is partnering with the U.S. Drug Enforcement Administration to create a
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'My Generation Is Never Going to Have That'

To Lubarsky, a number cruncher-turned-housing activist, Wallingford's architectural jewels, with their grand front porches and exquisite topiary, are emblematic of this city's potentially fatal flaw: a housing market so expensive it's throttling one of America's biggest urban success stories. Decades ago
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Big Four smacked by UBS downgrade and tightened lending standards

The Australian sharemarket sank into the red today after UBS and the banking regulator disrupted investor celebrations ahead of the earnings-season start next week. The S&P-ASX 200 index opened slightly lower, rallied into the black and dropped again to close down 10.8 points, or 0.18 per cent,
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Changing housing market in Bernardsville

BERNARDSVILLE – Grand and in some cases, grandiose estate homes on the Bernardsville Mountain have given the borough much of its glamour over the decades, but declining real estate values are changing the dynamics of the housing market and causing concerns for local residents.
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Tesla's Autopilot Ambitions Just Took Another Big Hit

Tesla has lost another key executive: Jim Keller, the chip-design superstar who was in charge of developing the electric car company's in-house artificial intelligence processor. Keller is a veteran of AMD (amd) and Apple (aapl), having designed the hit Athlon and Ryzen processors for the former and the
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The E.Coli Outbreak Linked to Romaine Lettuce Just Keeps Getting Worse

The E.Coli Outbreak Linked to Romaine Lettuce Just Keeps Getting Worse

In early April, the U.S. Centers for Disease Control and Prevention raised the red flag on an E. coli outbreak that had affected 17 people across 7 states. In the weeks since then, that total has grown to 84 individual cases reported, stretching across 19 states. Forty-two of those affected have been
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Mortgage rates move upward for Thursday

Monthly payments on a 15-year fixed mortgage at that rate will cost around $735 per $100,000 borrowed. That's clearly much higher than the monthly payment would be on a 30-year mortgage at that rate, but it comes with some big advantages: You'll come out several thousand dollars ahead over the
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Deutsche Bank to slash jobs in retreat from Wall Street

Deutsche Bank is retreating from Wall Street and making “painful” jobs cuts in its investment bank after reporting a slump in profits. … In a statement, Deutsche Bank (DB) said it would focus investment banking on serving its core European client base, reducing its commitment to the United States and
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Is Gmail's new 'confidential mode' perfect for real estate agents?

Google just debuted a major upgrade to Gmail — and its features could be perfect for real estate. The new Gmail, announced by Google in a blog post Wednesday comes with “confidential mode.” The settings will allow Gmail users to unsend emails, set expiration dates on emails and require a
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Banking royal commission day 18: FPA, AFA, Dover, ASIC

The owner of Dover Financial Terry McMaster has collapsed while giving evidence. He had just admitted that the firm's customer protection policy was “Orwellian”. How today unfolded. Terry McMaster of Dover was giving before he collapsed. supplied. Sort posts by: Latest, Oldest. Live article connection
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Najib Predicts He'll Extend Grip on Power in Malaysia Election

This month Mahathir's party was barred from campaigning because it failed to supply the correct paperwork (although a court has now suspended the ban), while parliament passed a law against “fake news” that includes punishment of up to six years in jail. Asked if the law could be used to limit dissent,
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Real estate leaders tackle equity, housing affordability at ULI breakfast

The professional trade group focused around property developers, brokers and other professionals in the real estate industry tackled the question of the role the private sector can play in planning and creating equity, and how local governments can work with them, in the Building Equitable Cities panel
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Gross mortgage lending in March was an estimated £20.5 billion, 2.3% lower than the £21.4 billion …

According to UK Finance, the number of total mortgage approvals also fell and is 15% lower, with house purchase approvals falling by almost 21%, compared to a year earlier. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “Never was it so important not to put too
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Millennials don't need living rooms says leading architect as he says space restrictions are keeping …

“Lifting this prohibition would allow a whole new (lower) income group, which is now excluded, to enter the market. This move would both boost overall unit numbers and affordability,” he said. Any suggestion that smaller homes should be allowed means the debate “becomes quickly emotional and
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Deutsche Bank Plans 'Significant' Job Cuts as Q1 Profits Slump

“Our Corporate & Investment Bank is also doing well in some areas and held or gained market share in certain areas,” Sewing said. “However, we are not strong enough in other areas of this business. Therefore we have to act decisively and to adjust our strategy. There is no time to lose as the current
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Singapore-based angels invest in online lending startup PayMe

Founded in 2016 by Shukla and Sandeep Singh, PayMe offers lending support to salaried employees on short-term as well as long-term basis. As of now, the company relies on alternative data and information based on social media and mobile data for credit underwriting. However, PayMe claims to
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Banking royal commission: witness collapses after accusation of lying

The head of a financial advice firm has collapsed in the stand at the banking royal commission after being accused of lying. Dover Financial Services sole owner Terry McMaster had been giving evidence to the commission for more than two hours when he began to experience problems. Commissioner
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UK mortgage approvals fall to second-lowest level since 2015

Banks gave the green light to 37,567 mortgages for house purchase last month, trade association UK Finance said, the lowest since December and the second-lowest since January 2015. “It is possible that mortgage approvals … were affected by the severe weather (but) even allowing for this, the
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What the US housing market reveals about future inflation

That's mainly because the US has largely had a pretty well-behaved housing market, at least relative to its developed-market peers. The US housing bubble of the early 2000s stood out partly because it was so unusual. While Britain has been booming and busting for decades, US house prices – until
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UPDATE 1-UK mortgage approvals fall to second-lowest level since 2015

Banks gave the green light to 37,567 mortgages for house purchase last month, trade association UK Finance said, the lowest since December and the second-lowest since January 2015. “It is possible that mortgage approvals … were affected by the severe weather (but) even allowing for this, the
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Deutsche Bank to scale back investment bank as profits drop

The reduction in headcount is “painful but regrettably unavoidable to ensure our bank's competitiveness in the long run”, he said, without giving a number. Earnings from Germany's flagship lender fell short of analysts' expectations in the first quarter. Net income of 120 million euros was below the
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Median house prices fall in Perth and nationally

AUSTRALIA'S property market has taken a hit, with house prices falling nationally by 1.2 per cent in the March quarter. While the Perth median fell 2 per cent to $553,000, Melbourne managed to hang on, marking its 22nd consecutive quarter of growth. The national median house price fell to just over
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Here's all the mortgage advice you need to know

In the UAE, only banks and non-banking finance companies (NBFC) can offer home financing, meaning most people will head straight to their regular bank to secure a mortgage. But remember that this doesn't have to be the case and it's still worth comparing what different banks can offer, including
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Investors Want to Know Whether Draghi Is Worried About Economic Momentum

Mario Draghi's press conference on Thursday may well feature repeated versions of the same question: how worried is he? From sagging business confidence to falling industrial output, the region seems to be losing economic momentum after the best performance in a decade last year. Yet the
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Guest commentary: About Providence's new Life Cycle zone

Over the past year, Providence city staff and Planning Commission have been working on adding a new land-use zone to our ordinances. This effort has resulted in a fair amount of public discussion and controversy. This new zone was unanimously approved at the Tuesday, April 24 council meeting.
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AI Takes the Next Step: Real Estate Robots

AI Takes the Next Step: Real Estate Robots

Juwai.com, a Chinese international real estate website, is partnering with Singou Technology of Macau to roll out a line of Mandarin-speaking robots called “Butler 1” that can be used by real estate agents and developers to assist in office interactions. The partnership will meld Singou's AI engine and
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TSB crisis: Bank waives overdraft fees and calls in IBM to fix IT meltdown – business live

It's unacceptable that only 50% of customers can access our internet banking, declares Pester. Q: Isn't it also unacceptable that you didn't have control of your customer's accounts over the weekend? Pester ducks the question; instead, he plugs the decision to waive overdraft fees and raise the interest
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UK mortgage approvals fall 10 percent year-on-year in March – UK Finance

Banks approved 37,567 mortgages for house purchase last month, down from 38,035 in February and 10 percent less than in March 2017, trade association UK Finance said. “There was a rising trend in mortgage approvals for the first three months of 2018 although the number is slightly lower than the
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Liquid paper and broken dreams: Homeowners brought to their knees over lending practices

Jason Hannagan had to sell his home and an investment property after a financial lender gave his family a loan they could not afford to repay. Mr Hannagan's family took out a $590,750 loan from a lender called Pepper Money in 2012. He estimated the family's monthly income was about $9,500 and
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Update on the latest in business:

The Nasdaq composite dipped 0.1 percent to 7,003.74. ECONOMY-THE DAY AHEAD. Major business and economic reports scheduled for today. WASHINGTON (AP) – The Commerce Department releases its March report on durable goods today. And Freddie Mac reveals this week's average mortgage
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Global Tea Set Market 2018 Top Scenario, Size, Trends, Manufacturing Analysis and Forecast 2025

The report provides an executive-level blueprint of the Tea Set in Real Estate market beginning with the definition of the market dynamics. The analysis classifies the Tea Set in Real Estate market in terms of products, application, and key geographic regions. With focus on presenting a detailed value
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Mortgage lending by high street banks drops in March

Mortgage lending by Britain's high street banks was sharply down on a year earlier during March, according to figures from UK Finance, a banking lobby group. Gross mortgage lending was £20.5bn, 2.3 per cent lower than a year earlier while the total number of mortgage approvals for new house
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Gillibrand proposes legislation to bring banking to post offices

Finally a reason to visit the Post Office. Every one of the 36,000 US post offices around the country will be forced to offer basic banking services — like savings and checking accounts and short-term loans — under legislation introduced Wednesday by Sen. Kristin Gillibrand. With the bill, the New York
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UK mortgage approvals fall 10 pct y/y in March – UK Finance

LONDON, April 26 (Reuters) – British banks approved fewer mortgages for home-buyers last month than they did a year ago while credit card lending growth held broadly steady, industry figures showed on Thursday. Banks approved 37,567 mortgages for house purchase last month, down from 38,035
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Depoliticise development to solve the UK's housing crisis

The current imposition of residential unit mixes and housing standards leaves no room for urban entrepreneurs and their architects to innovate at all in the London housing sector. Our lives here are so much poorer for it, blocking the discovery process of the market and taking away vital choice.
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Winners and Losers After ZTE Is Banned From Buying US Components

“First, it does compete with ZTE in the international market. It stands to reason that ZTE – without access to critical components from the U.S. – could have a drastically compromised ability to deliver products and compete.” Raymond James analyst Simon Leopold said Huawei was the most likely to
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Real estate regulators to be scrutinized

The review will examine the roles and responsibilities of the Real Estate Council of British Columbia and the Office of the Superintendent of Real Estate. Real estate agents must be licensed by the former to practise in B.C.. The latter organization is an arm of the B.C. government tasked with protecting
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CBA charged client fees for 10 years after death

The 2015 report listed several instances where planners within the bank had charged clients fees after their death. “Adviser provided advice to a client in 2003 who passed away in 2004, adviser is aware that the client is dead but the ASF [adviser service fee] … continues to be charged,” the report said.
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Is it time for a mortgage-burning party?

Like many of his customers during the past few years of ultra-low mortgage rates, Charles Chedester of Iowa-based Midwest Family Lending refinanced his 30-year mortgage into a 15-year loan so he'd be mortgage-free by retirement. Mortgages with shorter terms usually cost more per month than a
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Dead Commonwealth Bank clients charged fees among shock revelations of banking behaviour

The banking royal commission has heard Commonwealth Bank advisers charged dead clients for financial advice, in one case for a decade. A 2015 document for CBA's Count Financial business shows examples of advisers charging ongoing service fees after clients had died, AAP reports. One adviser
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Turnbull Government open to banking Royal Commission extension

SOME Commonwealth Bank advisers charged dead clients for financial advice, in one case for a decade, the banking royal commission has heard. … Australia's banks could face more than a year of grilling with the federal government indicating it's open to extending the Royal Commission after the
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Builders flood housing market with plum deals on Akshaya Tritiya

After seeing a lull during Gudi Padwa, developers have pounced on Akshaya Tritiya to lure home buyers with plum deals, but with a caveat: due diligence before buying a property is a must. Ashok Mohnani, chairman, Ekta World, said customers are inundated with great offers and discounts, but it is
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Mortgage rates squeezing buyers

LOS ANGELES – Higher mortgage rates are making the already challenging task of buying an affordable home even tougher. In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find homes they can
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Amazon's Bezos Says Company Topped 100 Million Prime Members

Amazon.com Inc. Chief Executive Officer Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet “ever-rising” customer … Buffett now ranks third on the Bloomberg Billionaires Index, behind Bezos and Microsoft Corp. founder Bill Gates.
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Banking royal commission: Dead men put another nail in banks' wealth management coffins

The executive general manager of Commonwealth Bank's private bank, Marianne Perkovic, who was again accused of obfuscating and failing to answer Hodge's questions, was hammered again on when Commonwealth Bank's internal financial planning arm knew it had a problem with taking fees
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Fundstrat's Tom Lee Sees Bitcoin at $25K by Year End

Fundstrat's Tom Lee Sees Bitcoin at $25K by Year End

Thomas Lee, head of research and strategy at Fundstrat Global Advisors, discusses the impact of capital gains taxes Bitcoin's price. He speaks with Bloomberg's Julia Chatterley, Scarlet Fu and Joe Weisenthal on “What'd You Miss?” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy
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The boring side of Goldman Sachs may finally be paying off

Goldman Sachs is making a comeback. The investment bank posted its best equities trading results in three years today (April 17). The Wall Street firm's quarterly profit rose 26% (paywall) relative to the same time last year, leaving the bank $2.8 billion richer. The looming US-China trade war and
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Govt bill to ban foreign house buyers labelled 'discriminatory'

Building industry figures lobbying to change the government's mind over the foreign buyer ban have been buoyed by the International Monetary Fund adding its voice to the cause. IMF officials, in New Zealand this week, called the Overseas Investment Amendment Bill “discriminatory” and hinted that
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Kudlow Says TPP Reconsideration Is More of a 'Thought Than a Policy'

White House economic adviser Larry Kudlow downplayed the possibility the U.S. would enter into negotiations to rejoin the Trans-Pacific Partnership trade pact, calling it more of a “thought than a policy” for now. The U.S. is “in the pre-preliminary stages of any discussions” on rejoining the Asia-Pacific
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Experts: Digital is changing the banking industry, bank employees to become financial advisors

But digitalization means a lot of things, and banks have different strategies to implement it. BCR, Romania's biggest lender in terms of assets, has launched on the local market George, the digital banking platform developed by its owner, Austria's Erste Group Bank, and turned dozens of branches across
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Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for First …

NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT), a commercial real estate investment trust (REIT) focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments,
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SunTrust goes digital with new online mortgage tool

SunTrust Banks now allows consumers to complete a mortgage application entirely online with the introduction of its SmartGUIDE Mortgage Application digital platform. SunTrust claims the platform cuts the time it takes to complete a mortgage application in half. Most applicants can complete the
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IMF adds voice to dissent around foreign buyer ban bill

“Foreign buyers seem to have played a minor role in New Zealand's residential real estate market recently,” IMF division chief for Asia and Pacific Thomas Helbling said yesterday. He added that there were other ways for the government to respond if large volumes of unwanted foreign money suddenly
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The wake-up call for a generation of wide-eyed home buyers

And compounded with tighter new rules for mortgage lending, families in this community said they are struggling to find financing on homes that are no longer worth what they were at the peak of the market last year. It would be easy for those of us left throwing popcorn from the sidelines of the country's
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Mercantile Bank sees increased earnings in first quarter

Kaminski told brokerage analysts this morning in a conference call that the results came as “positive trend lines continue” for Michigan's economy, as employment improves and “real estate conditions in our market continues to support growth.” “These favorable trends, coupled with our focus on building
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IMF adds voice to dissent around foreign buyer ban

Building industry figures lobbying to change the government's mind over the foreign buyer ban have been buoyed by the International Monetary Fund adding its voice to the cause. IMF officials, in New Zealand this week, called the Overseas Investment Amendment Bill “discriminatory” and hinted that
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Mansion Global Daily: One Huge Price Cut, San Francisco Home Appreciation, and More

It could become more difficult to get a mortgage in Australia, as UBS Group analysts predict that the public inquiry into the country's finance industry will lead to tighter regulation of the mortgage market. That could drag down the housing market, said Sean Fenton, director of Tribeca Investment Partners,
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Matiang'i, NLC on the spot over Sh1.5bn paid to firm

Lands Cabinet Secretary Farida Karoney affirmed that the company does not have title deed for the entire disputed 96 acre-piece of land hosting the General Service Unit headquarters and the two schools. She told the committee chaired by Kitui South MP Rachael Nyamai that the title deed is
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Frost Mortgage

April 17, 2018 02:32 PM. Khalil is visiting with Greg Frost Founder of Frost Mortgage to talk about what services they provide. Advertisement. Frost Mortgage 2051 Wyoming Blvd NE 505-292-7200 FrostMortgage.com. This Good Day New Mexico segment may include paid advertising content. It is not
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Catholic Charities initiative helps Kansans stuck in predatory lending cycle

The program was started in Salina by Claudette Humphrey, with Catholic Charities, as she became aware of the “debt trap of predatory lending” and the harm it did to vulnerable Kansans, she said. They would take out the loan, find they couldn't pay it back in full and roll it over for another month, with
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Trump Says US and North Korea Had Direct 'High Level' Talks

President Donald Trump said the U.S. and North Korea have already had direct talks at “extremely high levels” in advance of a planned meeting between the two nations' leaders this summer. The U.S. has “started talking to North Korea directly,” Trump told reporters Tuesday after meeting with Japanese
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ZTE Seeks Fix With US Ban Threatening Access to Android

ZTE Corp. executives are evaluating software options for the company's smartphones after a U.S. technology ban threatened to cut off the operating system at the heart of its devices, a person with knowledge of the matter said. The Android operating system, designed by Google, is the core of ZTE
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NH real estate industry urges creation of housing appeals board

A broad coalition of real estate brokers, builders and housing advocates all testified Tuesday urging passage of a bill allowing creation of a state housing appeals board, which would allow developers to appeal local decisions and get a decision in a matter of months as opposed to years. But it is the
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Open Banking ends managed roll out, paving way for new services

The UK's Open Banking initiative has completed its three-month managed roll out programme, leaving regulated firms free to start offering related services. Since mid-January, the Open Banking Implementation Entity has carried out a managed roll out designed to prove that the systems designed to give
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Bay Area homes sell faster than anywhere else in the country: "Cash is king in terms of speed"

Meanwhile, in the San Francisco area, the supply of homes on the market dropped by 11.7 percent during 2017 and 64.5 percent of homes sold for more than the asking price. “The last three deals I did all have been 14 days or less in terms of closing,” said Miriam Westberg, an agent with Redfin
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