Bank of Maharashtra CEO, executive director held for role in Rs 3000 crore DSK Group default case

Bank of Maharashtra CEO, executive director held for role in Rs 3000 crore DSK Group default case

The Economic offences wing of the Pune police has arrested the MD & CEO of Bank of Maharashtra Ravindra Marathe along with executive director
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Banking trends in Latin America

Michel Bouffier, CIO, Banco Multiva, speaks at The Temenos Community Forum: The Digital Revolution, about banking trends in Latin America, how
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Mortgage Applications Up 5.1 Percent

More potential homeowners were checking out home loans, according to new data from the Mortgage Bankers Association for the week ending June
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Greystone Closes on $750M Debt Fund for Bridge, Mezz Loans

Greystone—the nation's largest Freddie Mac targeted affordable housing originator and one of the industry's largest loan servicers—closed on a $750
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Walker & Dunlop, Freddie Mac partner on affordable single-family rental pilot

Bethesda-based commercial real estate services and finance company Walker & Dunlop Inc. announced Wednesday it has been approved as a
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Mortgage application activity rises as rates end the week mixed

Mortgage application activity increased 5.1%, rising for the second time in the past three weeks, according to the Mortgage Bankers Association.
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Berkadia Adds Laura Saull Smith to Its HUD Team

She specializes in national HUD multifamily and healthcare financing, primarily under the LEAN and MAP insured programs through HUD.
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Trade Groups Seek CFPB Changes to HMDA Multifamily Policy

The trade groups—Commercial Real Estate Finance Council, Mortgage Bankers Association, National Apartment Association and National Multifamily
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Pinnacle Advisory Group Has Decreased Arch Cap Group LTD (ACGL) Position By $3.26 Million …

$62.36; 13/03/2018 – Arch Capital Group Ltd. Confirms Participation in Freddie Mac's New Mortgage Pilot Program; 14/05/2018 – Arch Capital Group
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Wheel of Fortune jackpot at Silverton is property's largest ever

Multiple Wheel of Fortune million-dollar jackpots this year have occurred at valley properties. In June, a gambler won $1.1 million at the Venetian;
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The Intersection of Industrial & Retail in the Southeast is Coming to Atlanta August 23rd

Southeast Real Estate Business, Shopping Center Business and the … and demographic trends that impact the industrial and retail real estate sectors.
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Australians fear Chinese influence in real estate rather than politics

While Australian political leaders are growing more concerned about the security and military threat posed by China, new research show the
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Rural Market: Steady Volumes at End of Season

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 71 fewer farm sales (-13.8%) for the three months ended May 2018
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Cryptocurrencies Tumble After $32 Million South Korea Exchange Hack

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the
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Report: Competitive US House Races Spell Good Fortune for Broadcast Stations

Report: Competitive U.S. House Races Spell Good Fortune for Broadcast Stations. Campaign spending on TV ads highest of any election cycle.
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Will These Features Finally Help Smartwatch Sales Take Off?

Sales of smartwatches will more than double over the next five years, according to a new research forecast, but won't come close to approaching the
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Smoking Falls to an All-Time Low Among US Adults. Here's How Many People Still Light Up

Smoking is at an all-time low for U.S. adults, according to the Centers for Disease Control and Prevention's National Center for Health Statistics
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FirstClose offers property search, legal and vesting services under new partnership

… offers its financial institution clients property search and legal and vesting products and services through a partnership with Chicago Title Insurance.
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Property peer-to-peer lending — is it ever a good idea?

As an example, I have a hunch that when the next blowout comes, a major contributor will be excessive lending to property. Talk to many commercial
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Business Leaders Denounce Family Separations at US Border

Since the Department of Homeland Security confirmed on Friday that nearly 2,000 children have been separated from their parents at the U.S.-Mexico
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Britain's Lloyds Banking Group axes 450 jobs

Britain's Lloyds Banking Group axes 450 jobs

LONDON (Reuters) – Lloyds Banking Group said on Wednesday it would cut 450 mainly back office roles, in the latest round of job cuts as Britain's
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Existing-Home Sales Down Slightly

“Incredibly low supply continues to be the primary impediment to more sales, but there's no question the combination of higher prices and mortgage
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Ginnie Mae's digital mortgage securitization pilot likely in 2019

… with elements and specifications like the SMART Doc format used by the government-sponsored enterprises Fannie Mae and Freddie Mac,” the
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Frictionless Payments And Top Mobile Banking Innovation

Banks are turning to digital technology to enhance the customer experience — and reduce payment friction — in an effort to boost top and bottom lines
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Rising mortgage rates boost purchase loan share to new high

Higher interest rates on home mortgages drove the share of loans used to purchase houses rather than refinance to new heights in May. Purchases
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Henderson keeps up pressure on pot dispensaries to find banks

A small number of dispensaries in Colorado, Oregon and Washington have accounts where the banking institution knows deposited money comes
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Bank account data could help lenders avoid IRS tax transcript delays

The jury's still out on whether bank account data is a viable alternative to the tedious process of contacting employers to verify a mortgage applicant's
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Appeals Court Addresses Foreclosures Without the Promissory Note

That was the question put before a New Jersey appeals court recently during a case involving Capital One Bank, Freddie Mac, and contested
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Existing-home sales falter due to tight supplies

… the last 12 months, and it is getting worse as sales have declined four out of five months in 2018,” said Sam Khater, chief economist at Freddie Mac.
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Enhancing the essence of banking

Benoît Legrand, Chief Innovation Officer, ING Bank, talks at Money2020 Europe, about the position of banks and the level of disruption in the industry,
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Rotich beats retreat in bid to launch new banking watchdog

The Treasury Tuesday stepped back from forming an independent authority to regulate the conduct of financial institutions after the Central Bank of
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Nine in ten Poles trust internet banking: survey

However, around seven in ten say they have not changed their online banking password in the last year, according to a survey by pollster Kantar TNS
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Celent: Mobile Banking Needs More Than Mobile Presence to Survive

There's a lot to like about mobile banking, which is often thought of in the same breath as mobile payments. In fact, sometimes, the two are actually
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Micro-Businesses' Major Role In SMB Banking Disruption

It's in this industry climate that smaller, community banks see an opportunity, and competition is quickly heating up to fill the gaps in micro-business
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18000 bank branches, post offices have Aadhaar facility now: UIDAI

NEW DELHI: Less than a year after banks and post offices were asked to set up Aadhaar facility on their premises, as many as 18,000 centres have
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UBA launches new mobile banking application

The new mobile app(fomerly known as U-Mobile) and have been created with banking features that enable customers to operate a mini branch on
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Robinhood in Talks With Regulators to Offer Bank Products

Robinhood Markets Inc. has more than 4 million U.S. consumers using its free stock-trading platform. Now, it's in talks to offer them other banking
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ASIC wasn't 'focused on its main job,' says David Murray

Banking veteran David Murray has taken a swipe at the corporate watchdog for not always being “focused on its main job” as the financial sector's cop
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Lloyds Banking Group announces 450 job cuts in digitisation push

Lloyds Banking Group announced the latest in a wave of job cuts and moves across the British banking sector on Wednesday, as lenders respond to
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Indian women bankers in the eye of the storm

For nearly a decade, Indian banks – a largely male-dominated industry – have been a rare bastion for female leaders. But things have started to
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CONMED (CNMD) Reaches $74.88 52-Week High; Federal National Mortgage Association Fannie …

CONMED (CNMD) Reaches $74.88 52-Week High; Federal National Mortgage Association Fannie …

Some Historical CNMD News: ; 19/03/2018 conmed corporation … More news for Federal National Mortgage Association (OTCMKTS:FNMA) were
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WRAPUP 1-US home sales fall, prices hit record high

The 30-year fixed mortgage rate rose eight basis points to an average of 4.62 percent last week, according to mortgage finance agency Freddie Mac.
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US home sales fell 0.4 percent in May amid inventory crunch

… charged on a 30-year, fixed rate mortgage was 4.62 percent last week, up from 3.91 percent a year ago, according to mortgage buyer Freddie Mac.
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Existing-home sales sink as tight supply smothers market

What they're saying: Don't blame higher mortgage rates for the weakness in sales, said Freddie Mac Chief Economist Sam Khater. “Sales have fallen
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Existing Home Sales Below Expectations for Second Month

Analysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of
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Trump's Tariffs Could Deliver a Sizable Hit to China's Economy

Officials are already pulling multiple policy levers in an attempt to steady financial markets rattled by the intensification of the trade dispute with the
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Goldman Sachs hires Cai Wei as co-head of China investment banking

HONG KONG (Reuters) – Goldman Sachs has hired Cai Wei as partner and co-head of its China investment banking division, it said in an internal
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Berkeley hikes profit forecasts but warns on London housing market

London-focused housebuilder Berkeley Group has raised its profit forecasts for the next five years after reporting a surge in annual profits but warned
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Goldman Sachs hires first China partner from outside bank

Goldman Sachs will appoint Wei Cai as its co-head of investment banking in China, marking the first time the US bank has hired a China partner from
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The affordability of a fast housing market – don't hold your breath over a London buy

New research from Compare The Market finds the UK locations with the fastest moving properties; Canterbury comes out on top even with prices 6%
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Trump's Misguided Trade War

U.S. President Donald Trump may sincerely think he's battling to win Americans a better deal on trade with China. In fact, he's making a better deal
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Lawyer: Agent Booted Off Mueller Team Escorted From FBI HQ

Washington (AP) — An FBI agent removed from special counsel Robert Mueller's team because of anti-Donald Trump text messages has been
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Informal finance services key player in Lao banking sector: report

VIENTIANE, June 20 (Xinhua) — Informal finance services continue to be a key player in the Lao banking sector despite the rapid growth of legal
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'Buying, instead of leasing, office space is the new trend'

CoreNet Global, the world's largest professional association for the corporate real estate industry, will be holding its 5th Annual India Conference in
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New bank mortgage loans to fall 8 per cent amid APRA, royal commission crackdown

Australians will be able to borrow $30,000 less to buy a home as banks tighten their lending practices amid new regulations and a bruising royal
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Latest Real Estate Sales Numbers Mixed

Monthly statistics from the five-county area show sales of real estate are slowing, down from the past two years in units sold, but continuing to increase
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BOE Could Target UK Productivity Goal Under Labour Government

The Bank of England's remit should be overhauled to include a 3 percent target for productivity growth, according to a report commissioned by the
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Banking AI startup PrecisionLender preps London and New York offices

PrecisionLender, the world's leading provider of applied banking insights to commercial banks, today announced its plans to open offices in New York
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Elvis Presley's $100M fortune gone, daughter Lisa Marie claims in lawsuit

Elvis Presley's daughter can proceed with a lawsuit against her former business manager, whom she claims lost her father's $100 million fortune
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US Withdraws from United Nations Human Rights Council

U.N. Ambassador Nikki Haley made the U.S. withdrawal from the United Nations Human Rights Council official on Tuesday, calling the group
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Lisa Marie Presley says her share of Elvis' $100M fortune is gone

Lisa Marie Presley says her share of Elvis' $100M fortune is gone

In new court documents obtained by The Daily Mail, Presley, 50, alleges that Barry Siegel assured her that her finances were in “good shape” while he
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There Are Signs China Soy Buyers Are Already Reacting to Tariffs

That's significant because international buyers usually make most of their South American purchases in the first half of the year, when Brazil is
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International Yoga Day 2018: How to buy the right yoga mat?

New Delhi: Just like buying the right pair of running shoes is important to avoid injuries, its equally important to identify the right mat to suit your
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H&M Has Launched Its First Ever Pride Collection. But Some Items Are Made In Countries Where …

… of which are donating 100% of their proceeds to pro-LGBTQ+ organizations. H&M did not immediately respond to Fortune's request for comment.
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Does The Hype Around Stella International Holdings Limited's (HKG:1836) Growth Justify Its June …

Stella International Holdings Limited (HKG:1836) is considered a high growth stock. However its last closing price of HK$9.34 left investors wondering
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Chinese Consumers Are Eager to Buy Foreign Goods

Chinese consumers are heavy buyers of foreign goods, and Chinese merchants sell massive amounts of goods to international markets where people
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Insider Buying: GrafTech International Ltd (EAF) Director Buys 2250 Shares of Stock

GrafTech International Ltd (NYSE:EAF) Director Anthony R. Taccone purchased 2,250 shares of the stock in a transaction that occurred on Monday,
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Urban Agriculture Startup Gotham Greens Closes $29 Million Round of Funding

“Our same investors have invested in every round,” Gotham Greens co-founder and CEO Viraj Puri told Fortune. “They're sticking with the company.
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'This Is a Fundamental Issue:' Why Cisco CEO Chuck Robbins Challenged Trump on Border …

… and said we shouldn't have done this.” A version of this story first appeared in CEO Daily, Fortune's daily newsletter on succeeding big in business.
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John Aaroe Returns from Retirement to Join Pacific Union International as Strategic Advisor

Aaroe merged John Aaroe Group with Pacific Union International in … of personal and commercial real estate services, including buying, selling and
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BidaskClub Lowers Sodastream International (SODA) to Buy

Sodastream International (NASDAQ:SODA) was downgraded by stock analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a note
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Goldman Sachs CEO Lloyd Blankfein Calls Immigrant Family Separations 'Horrible' and "Tragic'

As fury over Trump-era immigration policies that separate parents and children on the southern U.S. border continues, Goldman Sachs CEO Lloyd
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West One launches into development finance

West One Loans launched into development finance today. The lender is offering loan sizes between £1m and £7.5m with terms up to 24 months.
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JP Morgan CEO Jamie Dimon: Immigration Reform—Not Family Separation—Will 'Boost the …

The Trump administration's policy of separating migrant children from their parents at the U.S.-Mexico border has prompted condemnation from
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Trump's Family Border Separation Policy Is Being Fought on a New Battleground: Wikipedia's List …

Bookended by Guantanamo Bay and Vietnamese “political reeducation centers,” the American detention centers along the U.S.-Mexico border now
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CEO Satya Nadella Says He's Against Family Separation But Isn't Ending Microsoft's ICE Contract

Microsoft CEO Satya Nadella is doubling down on his company's work with the Trump administration's immigration enforcers. On Tuesday, the
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CEOs v. Border Separations, Dow Boots GE, Starbucks Closings: CEO Daily for June 20, 2018

It will be replaced by Walgreens Boots Alliance. If you're still asking what the hell happened at GE, Fortune's Geoff Colvin has your answer. Wall Street
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Pacquiao can stop Matthysse – Fortune

Fortune has watched Matthysse's fights, on tape and in person, and established that the 35-year-old would rather stand in front of his opponent than
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New Canadians, know the housing market to avoid rental scams, say experts

Photography: According to the Canadian Anti-Fraud Centre, the number of rental scams reported in 2017 was 210, with 102 victims and a total
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Tom Kmiec: Trudeau government refuses to study impact of new mortgage rules on Canadians

On May 30, I forced debate on my motion to study recently implemented mortgage changes at the finance committee. Not one Liberal MP on the
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Groups applaud FHFA plan to issue new capital rules for Fannie and Freddie

Groups applaud FHFA plan to issue new capital rules for Fannie and Freddie

… America (ICBA) applauded a proposal by the Federal Housing Finance Agency (FHFA) to issue new capital rules for Fannie Mae and Freddie Mac.
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ARBOR: A Real Buying Opportunity, Right?

… enterprises (GSEs) such as Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) and government corporations like Ginnie Mae.
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Freddie Mac Whole Loan Securities Trust, Series 2017-SC02 — Moody's upgrades $49.7 million of …

Freddie Mac Whole Loan Securities Trust, Series 2017-SC02 — Moody's upgrades $49.7 million of RMBS issued by Freddie Mac Whole Loan
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Fifth Annual MongoDB Innovation Award Winners Announced

… Launch Fast: Coinbase; Scale: Epic Games; Data-Driven Business: Freddie Mac; Customer Experience: Fresenius Medical Care North America
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Measure seeks to enhance foreclosure protections

Waters said the legislation bolsters FHFA oversight of servicers who conduct business with Fannie Mae and Freddie Mac; requires documentation of
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Credit Scoring and HR Products; Freddie and Fannie – Never Standing Still

A group of civil rights organizations, mortgage lenders, and homebuilders wrote to …. A National Mortgage Finance lender is seeking to acquire a fully
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Tidewater Mortgage Services opens Colonial Heights branch

COLONIAL HEIGHTS — Tidewater Mortgage Services Inc. is proud to announce the grand opening of their new Colonial Heights office located at
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Donald Trump Jr. Cancels Appearance at Bush Fundraiser: AP

New York (AP) — A dispute between two political families escalated Tuesday as Donald Trump Jr. canceled plans to raise money for the eldest son of
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Telstra Plans to Cut 8000 Jobs in Make-or-Break Overhaul

Telstra Corp. plans to cut 8,000 jobs, sell assets and potentially spin off a new infrastructure business in a make-or-break attempt to fend off
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Osteria Francescana Is the Best Restaurant in the World, Again

Osteria Francescana is the best restaurant in the world, on a night that had a sense of déjà vu, especially for the Top 10. Chef Massimo Bottura's
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Jefferies moves up as European banking rivals fade

Deutsche Bank is in turmoil; Barclays is under a cloud. Credit Suisse and UBS have both cut back the giant Wall Street operations they used to run.
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How Leisure Suit Larry bootlegs infected the European banking system

As the Financial Times reported in 1988, several banks in Switzerland, Germany and England lost swathes of data to viruses after hapless employees
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Citizens & Farmers Bank | Banking | Central VA

Citizens & Farmers Bank strives to ensure that the people of Central Virginia have a bank that they can trust and know that their best interests are
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How to make good decisions with the new tax law in mind

Only mortgages obtained to purchase or substantially improve a residence count — home-equity loans to fix the roof or take a Caribbean vacation
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Bangkok Bank deems 5% lending target within reach | Bangkok Post: business

Bangkok Bank's (BBL's) lending target of 5% growth this year is reachable based on ramped-up state investment, particularly in the flagship Eastern
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China Has a Nuclear Option in the Trade War

Did Wilbur Ross front-run a negative news story about him by shorting stock he used to own? Maybe, maybe not. Would doing so be shady? Maybe
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Lapses at many levels of bank led to India's huge PNB fraud, internal report shows

Punjab National Bank, India's second-biggest state-controlled lender, has previously alleged that a handful of staff at a single Mumbai branch issued
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The State of the Nation's Housing in 2018: The 3 Biggest Takeaways

What defines the American housing market, circa 2018? Let's see: a lack of available homes for rent and sale, rising prices due to that lack of supply,
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Lenders warn buyers are being refused mortgages due to bank statement banter

A mortgage expert for a major lender also confirmed to The Sun that applicants had been refused because these jokes may make them seen
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Flooding could claim thousands of Bay Area homes, say climate scientists

Yet property values in most coastal real estate markets do not currently reflect this risk. And most homeowners, communities, and investors are not
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Banks will be forced to offer cheapest options to mortgage customers in new rules

Banks will be forced to offer cheapest options to mortgage customers in new rules

New rules being introduced by the Central Bank next year will force lenders to make a decision on all mortgage applications – both new and switcher
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Central Bank to force lenders to disclose cheaper mortgage rates to Irish homeowners

The Central Bank wants to save Irish home owners thousands of euro by making banks spell out the savings borrowers could make by switching their
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1 in 5 mortgage holders could save money by switching – Central Bank

Research by the Central Bank shows one in five mortgage holders could save money by switching – and some 27,000 people could save more than
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New rules for banks will make it easier to save thousands on mortgage repayments

The analysis of over half a million mortgages found approximately 16,000 could save over €1,000 in the first 12 months, and around 27,000 switchers
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Capital used to maintain status quo post-Brexit, say ISLA panellists

… in financial services is going towards “maintaining the status quo”, according to panellists at the International Securities Lending Association's (ISLA)
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Digital Lending Platform SMECorner Raises $7M from Capital First, Accion Ventures & Others

Mumbai-based digital lending platform, SMECorner has raised $7 million in a mixed round of equity ($3.3M) and debt ($3.66M) from non-banking
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Mortgage Applications Rose 5% Last Week While Loan Rate Moves Were Mixed

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 5.1% in the
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Investors Title Company (ITIC) At $185.20 Forms Top; Shorts at DATANG INTERNATIONAL …

Investors Title Company (ITIC) formed multiple top with $200.02 target or 8.00% above today's $185.20 share price. Investors Title Company (ITIC) has
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Micro Lending Startup SMECorner Raises $7 Mn Funding From Capital First, Others

SMECorner Will Use The Funding To Scale Its Loan Book By Expanding Offline Branches And Improving Its Technology Platform Bhumika Khatri June
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Bargain beach houses: The nation's most affordable seaside towns

… condos and single-family homes are going for in places such as Miami,” Lambert wrote. Getting a mortgage on a second home or vacation property
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Mortgage rate stagnates as market cools

Last month's developments confirmed that interest in mortgages has cooled, iHned.cz wrote. Banks agreed just over 7,800 housing loans in May, a full
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Buying an investment property: maximizing your money

Plus, you build equity as you pay off your mortgage,” says Joshua Harris, clinical assistant professor of real estate at NYU's Schack Institute of Real
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Bay National Title Company shows ongoing dedication to data security; Completes rigorous …

CLEARWATER, Fla., June 20, 2018 (GLOBE NEWSWIRE) — Bay National Title Company, a national title agent and settlement services provider,
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New measures to make it easier for people to switch mortgages

The Central Bank is to make it easier for people to switch their mortgage. It is introducing changes to the 2012 Consumer Protection Code, to help
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Weekly mortgage applications jump 5.1% as interest rates settle

Mortgage application volume increased 5.1 percent last week from the previous week, according to the Mortgage Bankers Association. The rise came
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Vietnamese equities: From vulnerability to opportunity

Vietnamese equities outperformed most other Asian and global stock …. To some international investors, this looked too out of sync and they have
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High Interest Rates to Winnow Competition in Alternative Lending

Panelists at the Mortgage Bankers Association of New York conference predict advantages that rising interest rates will bring to alternative lending.
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Housing starts jump, permits fall

U.S. homebuilding surged to near an 11-year high in May, but a second straight monthly drop in permits suggested housing market activity remains
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Cryptocurrencies Fall as Korean Exchange Says $32 Million of Coins Stolen

Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, said on Wednesday that about 35 billion won ($32 million) worth of
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GE Kicked Out of Dow, the Last 19th Century Member Removed

The troubles deepened in January with the news that U.S. securities regulators … Like GE, the Dow's importance in markets has waned as institutional
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'Frozen,' 'Inside Out' Filmmakers Take Leading Roles at Disney

'Frozen,' 'Inside Out' Filmmakers Take Leading Roles at Disney

Walt Disney Co. tapped “Frozen” filmmaker Jennifer Lee to become chief creative officer of its namesake animation studio, helping set a new course
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Australians Trust Xi Jinping More Than They Trust Trump

Australians have less confidence in President Donald Trump than Chinese counterpart Xi Jinping, but remain convinced that the U.S. alliance is vital
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Emerging Asia to Suffer Most From Strong Dollar, Macquarie Says

We see scope for the dollar to strengthen more against EM Asia in particular, and perhaps the whole EM world rather than other developed markets.”.
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Refugees Stoke Turkish Anger, Roiling Erdogan Election Campaign

The owners of a few restaurants, markets and coffee shops are Syrians who managed to restart their businesses in Turkey. With the money they
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Starbucks Retrenches in Home Market as Sales Growth Slows

Starbucks is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn't fast
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Trump to Pressure GOP Senators Not to Sanction China's ZTE

“The sanction on ZTE has become national news in China, giving rise to nationalist, anti-U.S. sentiments, which forces Xi to look strong versus the U.S.
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White House Deputy Chief of Staff Joe Hagin to Retire

White House Deputy Chief of Staff Joe Hagin, a key aide to President Donald Trump who led planning for his historic summit with North Korean leader
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Why HSBC's marketing chief is taking the banking brand back to the future

As well as offering the chance to lead a brand famous beyond the confines of banking, and promising a pleasingly international scope (“it's Asia
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AMP Capital adds Japan veteran to the firm's global listed real estate team

Hideharu Ichii will join AMP Capital in Hong Kong, effective July 2, as a portfolio manager/analyst on the Sydney- based firm's global listed real estate
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Mortgage Brain reveals new API sourcing system with multiple-DIPs development

The technology provider said its Lendex digital gateway will secure DIPs direct from lenders in less than 30 seconds. It will allow brokers to digitally
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Philip Morris International: Great High Dividend Income Yield Of 5.6% While Waiting For Mr. Market …

This article is about Philip Morris International (NYSE:PM) and why it's a buy for the dividend income investor who also wants some growth potential.
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Housing Starts at 11-Year High

While the rise is good news, it's still not enough for a hot real estate market that is starving for inventory during the peak summer sales season.”.
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Tucson Real Estate: O'Reilly Auto Parts building 23rd local shop

Fort Lowell Realty & Property Management Inc. bought the office building at 2026 E. Prince Road from Prince Road Professional Plaza LLC for
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Revetas buys TriGranit from TPG Real Estate

Revetas, a property investment firm specializing in the Central European region, has acquired Budapest-based integrated real estate concern
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Banking Association welcomes tighter mortgage lending rules

As reported Monday, the MNB plans to tighten its debt-to-income ratio rules for mortgage loans to help reduce the exposure to interest rate risks of
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Inventory drought: housing supply hits 18-year low

Resale inventory is at its lowest level in 18 years and new construction supply continues being outpaced by high demand, according to CoreLogic.
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Tech CEOs Voice Opposition to Family Separations at the Border

And given the news from the border, it's something I'm thinking about today.” Sundar Pichai, CEO of Alphabet Inc.'s Google, wrote on Twitter that “the
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Duty-free retailer Flemingo to buy PE investors' stake post India unit IPO: Report

Global duty-free retailer Flemingo International BVI Ltd will buy back the entire stake held by private equity (PE) investors post the listing of its Indian
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Real Estate: 6 $1 Million+ Homes In Wellesley Sold Last Week

WELLESLEY, MA — Whether you're moving in or out of Wellesley, or you're a lifer who is just curious where the new folks are relocating, it's always
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SC man pleads guilty in international reptile-trading scheme

The accused ringleader of a scheme to illegally trade wildlife with Chinese businessmen admitted in court Tuesday to his involvement in buying and
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Notifications

Notifications

With a view to bringing convergence of the Priority Sector Lending guidelines for housing loans with the Affordable Housing Scheme, and to give a filip
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It's easier to get a mortgage in 2018, according to a new study

Looser mortgage qualifying guidelines by Fannie Mae and Freddie Mac over the past few years are beginning to have an impact on mortgage loan
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Russian Fans Celebrate Soccer Team's Unexpected Reversal Of Fortune

The reversal of fortunes for the home team fueled euphoria for the fans. Crowds draped in Russian flags sang folk songs and whooped wildly in the St.
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Homeowners blame Storm Emma for missing mortgage repayment

The number of mortgages in arrears bucked broader trends by increasing in the first quarter of the year, as Storm Emma prevented homeowners from
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STEWART INFORMATION SERVICES CORPORATION (NYSE:STC) Files An 8-K Departure of …

The Company operates through three segments: title insurance and related services, mortgage services and corporate. Title insurance and related
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Mortgage Rates

Find the mortgage or refinance offer that's right for you.
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Small Business Lending Conditions Are Stable, But Terms Show Some Tightening

Small business lending conditions were generally stable in the first quarter of 2018. According to the Federal Reserve's Small Business Lending
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Pete the Planner: Why a 15-year mortgage may be a lousy fit for you

A hot housing market, dotted with quick-selling homes, makes the 15-year mortgage a rough solution to the problem of affordability. To take issue with
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Real estate firm planning $8.5M office project in Fishers tech park

A Carmel-based real estate company announced plans Monday to spend $8.5 million to construct an office building in the Fishers Certified Tech Park.
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Opinion: Let's study impact of mortgage stress tests on home ownership

Mortgage brokers say the borrower rejection rate from large banks and traditional monoline mortgage lenders has gone up as much as 20 per cent
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Fraud claims against Lloyds Banking unit come to light

London — An internal Lloyds Banking report written by a former manager at the bank and published on Tuesday alleges serious misconduct by the
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UAE Central Bank issues new fee caps on banking services to protect consumers

The UAE's central bank said on Tuesday it has set new rules capping the fees charged for retail banking services to protect consumers from unfair
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US banks seen boosting payouts US$30b after stress tests

[NEW YORK] Harsher Federal Reserve stress tests this year won't stop US banks from increasing their payouts to shareholders. As the annual review
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China's banking, insurance sectors maintain sound performance: regulator

BEIJING, June 19 (Xinhua) — China's top banking and insurance industry regulator said Tuesday that the two sectors have been performing on solid
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Banking Experts: Cryptocurrencies Can't Work as Real Money

A panel of banking experts have rejected cryptocurrencies as too flawed, too short-sighted and too unstable to become workable fixtures in world
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How Are Mortgages Performing in 2018?

The Office of the Comptroller of the Currency (OCC) has released its latest OCC Mortgage Metrics Report, covering mortgage performance data up
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Top award for Trethowans' banking partner

To have a dedicated banking team is unusual and it's working extremely well to have the expertise clients need under one roof.' Sophie acts for major
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Red-hot real estate: Palo Alto 2 bedroom's asking price—$2.6M

MILPITAS, Calif. (KTVU) – In the South Bay, another home is up for sale in a red-hot real estate market. And while seven figures is common, the price
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Ulster Bank sets aside money for tracker mortgage fines

Ulster Bank has set aside money to cover an expected fine from the Central Bank as part of an enforcement investigation being carried out by the
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'What preparation?' Chot, Gilas banking on familiarity, chemistry

MANILA, Philippines – With little time to prepare for the third window of the FIBA World Cup Asian qualifiers, the Gilas Pilipinas national team is hoping
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Banking program aims to provide lower-cost alternative to payday lenders

Banking program aims to provide lower-cost alternative to payday lenders

Twin Cities-based nonprofit Prepare + Prosper and Sunrise Banks will announce Wednesday a multiyear plan to provide thousands of low-income
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Time to mobilise

We are also carrying out background work on the UCITS landscape and their relative competitive position, and so when it comes to lending, we will be
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Property sales increase slightly in Turkey, mortgage sales decline

Nearly 120,000 homes were sold in Turkey in May, marking a 2.7 percent increase over the same period last year, the country's statistics agency has
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Digital lending platform SMECorner secures $7 Mn from Capital First, and others

Micro-lending platforms are having a ball in India. Mumbai-based digital lending platform SMECorner has secured $7 million in a mixed round of
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Stuck in the middle with EU

Simon Heath: I think the best way to encapsulate this is optimisation and efficiency—how lenders and borrowers shape their business to manage to
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Reverse Mortgage Endorsements Fall Another 22% in April

The reverse mortgage origination numbers continued their plunge in April, dropping even further than the March results as wholesale endorsements
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23 Shoreline units sell for $4.5M

… Piazza Properties LLC, which is associated with private investors in Vancouver, B.C. Public records indicate a $2.5 million loan from Freddie Mac.
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Part 3: Marijuana business owners can't buy a home

Southern Oregon — When it comes to marijuana, banking, and home loans, the situation is very complicated. Federal marijuana laws are preventing
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Pvt banks decide to lower lending, deposit rates

The owners of private commercial banks have decided to bring down the lending rate at 9 per cent and deposit rate at 6 per cent from next month.
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Former Kudo exec Sukan Makmuri joins P2P lending startup UangTeman as CTO, COO

UangTeman, an online P2P lending platform owned and operated by PT Digital Alpha Indonesia, today announced the appointment of Sukan
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Fastest Growing Real Estate Brokerage in Long Beach Joins the First Team Family

Launched in 2012 by Phillip Mazzocco and William Larson—two seasoned real estate experts who recognized the opportunity to disrupt the local
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Owasso Community Resources receives two refrigerators from Gateway Mortgage Group

On Monday, Gateway Mortgage Group donated two refrigerators to Owasso … The program will focus on providing mortgage financing in low- to
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Can UAE banks digitise the mortgage process by 2020?

In line with this, anyone who's been through the mortgage process here in the UAE knows that prior to disbursement, you are presented and forced to
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Bangor Savings Bank moving Biddeford branch to new location

BIDDEFORD — Bangor Savings Bank is relocating its two current Biddeford locations, the branch at 163 Main St. and drive-up at 5 Washington St.,
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Forget what you've heard, home sellers. Real estate commission rates are negotiable.

So you think things don't get rough in real estate and feathers don't fly when agents' commission money is at stake? Ha. Listen to what Joshua Hunt,
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Your Mortgage: Investment property purchase rundown

New mortgage loans for investment properties follow conventional guidelines. There are some instances where an investment property could have
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Dear Monty: Picking a real estate agent for the wrong reasons

​Reader Question: ​I have a friend who is a real estate broker. She wants to be my agent for a home I currently own and the home I buy when I
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First Mortgage Innovators' Hall of Fame Inductees Announced at the 2018 Mortgage Innovation …

Kansas City, Mo., June 19, 2018 (GLOBE NEWSWIRE) — Kansas City, Mo. – Four lenders have been inducted into the Mortgage Innovators' Hall of
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These were the top 10 outer borough loans in May

Other notable loans from the month included $65 million for Mack Real Estate's planned waterfront development in Astoria and $52.2 million for
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9 tips to make sure your first mortgage application gets approved

GETTING the funds together for a deposit is one thing, but actually getting approved for a mortgage is another. More than 76 per cent of first-time
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Fresh US-China trade threats sink global stock markets

Fresh US-China trade threats sink global stock markets

Fresh US-China trade threats sink global stock markets …. In April the Commerce Department blocked ZTE from buying U.S. components for seven
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Contrarian Investors: Is It Time to Buy Bank of Nova Scotia?

For example, the company is spending US$2.2 billion to purchase a … Overall, the international group contributes close to 30% of Bank of Nova
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Crystal Lake real estate agent recognized with Chairman's Circle Gold Award

Casey Voris was awarded Berkshire Hathaway Home Services Starck Real Estates top producer and prestigious Chairman's Circle Gold Award for
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Vmoto's managing director continues on-market buying spree

Vmoto's managing director continues on-market buying spree … and sells electric scooters and has a focus on high margin international markets.
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Banking by smart speaker arrives, but security issues exist

Big banks and financial companies have started to offer banking through virtual assistants — Amazon's Alexa, Apple's Siri, and Google's Assistant
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Bank of America's Workers Prepare for the Bots

Across the banking industry, 1.2 million jobs are expected to be affected by AI … The bank says course completions in relevant subjects are starting to
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Did Insiders Buy On Goodbaby International Holdings Limited's (HKG:1086) Price Volatility?

Goodbaby International Holdings is one of China's large-cap stocks that saw some insider buying over the past three months, with insiders investing in
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Jill McFeron of RE/MAX Properties Celebrates 25 Years Of Real Estate

Statewide, notable website Real Trends ranks her as the #57 solo agent in all of Colorado for 2017. She is also a past recipient of the RE/MAX
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Money Talks: Mortgage Loans

Guest Adam Black, mortgage banker with Renassant Bank, explained home loans. https://ablack-renasantbank.mortgagewebcenter.com/
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Want advice on the government's reverse mortgage? Tough

Retirees seeking access to the expanded Pension Loans Scheme – a reverse mortgage managed by the government – will likely be hard-pressed
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Inland Mortgage Capital, LLC Names New Senior Vice President of Loan Origination for the …

Inland Mortgage Capital provides financing for commercial real estate nationwide, concentrating on small-balance projects from $3 to $15 million.
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Bluestone Mortgages partners with Twenty7Tec

The first lender to partner with technology provider Twenty7Tec to fully integrate DiPs, full application, document upload, case notes and tracking
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Mobile banking: the key to financial future

“We were on the phones a lot more before there was online banking,” Phelps said. “It has eliminated a lot of the need for that. Now we have thousands
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The Freedom of Press Foundation Is Now Accepting Cryptocurrency

The Freedom of Press Foundation, a non-profit organization that funds and supports free speech, is opening its doors to cryptocurrencies.
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Banking & Finance Paralegal

RARE opportunity to work with a dynamic Partner as a paralegal within the banking and finance team | Great culture! | Fantastic salary package!
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Norwegian Air CEO Says Bid Approaches Go Beyond IAG and Lufthansa

Norwegian Air Shuttle ASA Chief Executive Officer Bjorn Kjos said his company has attracted takeover interest from multiple potential bidders and
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Millennials, Rejoice! Costco Is Selling New Avocados That Stay Ripe Twice as Long

If you are an avocado eater, you are likely all too familiar with the crushingly accurate joke making the rounds on the internet about the beloved fruit's
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MICROCAPITAL BRIEF: OPIC Loans $100m to IndusInd Bank for Microfinance Lending to Women …

The Overseas Private Investment Corporation (OPIC), an agency of the US government that seeks to facilitate investment by US-based firms in
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Commercial Real Estate Hall of Fame: Block & Company's Reuben Pate

Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame edition, spotlighting the careers of the top pros in the CRE
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First American: Lenders shouldn't worry about rising interest rates

However, Fleming explained these rising rates will do very little to curb rising housing demand. He explained First American's Potential Home Sales
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