BankThink Closing the tech gap on government mortgage loans
To help ensure that lenders and consumers who seek financing in the government mortgage market are able to do so quickly and securely, Ginnie
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SoftBank Reports 49% Jump in 1Q Operating Profit
SoftBank reports a 49% jump in first quarter operating profit. The Japanese telecoms and tech firm has said it booked a gain of 161-billion yen on the
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Saudi firm plans huge new real estate project in Riyadh
Tadawul-listed Al Akaria Saudi Real Estate Company (SRECO) has announced plans for a 7 million-square metre mixed-use development in the
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Goldman Sachs Is Considering a Custody Offering for Crypto Funds
… hiring Justin Schmidt earlier this year as head of its digital-asset markets. … Bitcoin futures offered by Cboe Global Markets Inc. and CME Group Inc.
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Here's Apple's Plan to Keep From Losing the World's Fastest-Growing Smartphone Market
For now, Google dominates the maps market, and along with Facebook controls much of the developer community. Google and Amazon.com's voice
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Wrigley Billionaire Moves From Chewing Gum to Medical Marijuana
The scion of a family that made a fortune in chewing gum is moving into pot. William Wrigley Jr. II, who helped orchestrate the sale of his family's
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Indiabulls Housing Finance hikes lending rates by up to 25 bps
Second largest pureplay mortgage lender Indiabulls Housing Finance has increased its lending rates by 20 basis points (bps) for women and 25 bps
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Wells Fargo admits computer glitch involved in foreclosures
The latest round of bad news for the bank involves software that mistakenly denied customers loan adjustments on their mortgages, a computer glitch
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Pig Stocks Slump on China's First African Swine Fever Outbreak
Chinese pig-related stocks slumped after the world's biggest pork producer and consumer reported its first ever case of African swine fever. Muyuan
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HSBC's Growth Misses as New Chief Flint Bets on Asia Markets
Flint, promoted in February, plans to grow the global behemoth by expanding in key Asian markets including China, with an investment of $17 billion
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Financiers Detail Rising-Rate Risks, 2018 Performance
Will the second half of the year hold a candle to the first? Leading lenders and mortgage brokers list the trends they're watching. SEE MORE ON THIS
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Global investor syndicates in the fray to acquire PNB Housing Finance
Other investors in PNB Housing Finance include Birla Sunlife MF, Motilal Oswal MF, Wasatch, T Rowe Price, Government of Singapore, Fidelity,
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HSBC credits broker expansion with £3bn H1 lending boost
HSBC grew gross mortgage lending by around £3.18bn ($4.2bn) to hit £9bn in the first half of the year, with brokers originating 27% of this activity â up
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Emerging technologies in the mortgage market
This will allow mortgage lenders to prioritise 'added value' work â a means to utilise work forces more efficiently, to reduce costs, steal a march on
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Avoid High-Yield EM Bonds, Says StanChart's Lai
… at Standard Chartered, discusses Asian markets and where he's finding opportunity. He speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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Are New York's real estate families losing their grip?
âThirty years ago, it was an industry largely dominated by families,â Brookfield Property Group CEO Brian Kingston, whose company was on the buy
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3 Members Of San Francisco Bay Area Real Estate Firm Among 5 Killed In Plane Crash
3 Members Of San Francisco Bay Area Real Estate Firm Among 5 Killed In Plane Crash. One of those killed was real estate agent Floria Nakimi and
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Credit Suisse Hires Julius Baer Bankers for Indonesia
Credit Suisse Group AG hired private banker Heinz Puth and three others from Swiss rival Julius Baer Group Ltd. to boost its Singapore team focusing
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A Culture War Is Brewing Between Bitcoin's Old and New Money
Ver overhauled his website, Bitcoin.com, to promote Bitcoin Cash. … Last year, cryptocurrency currency domain name Eth.com fetched $2 million in a
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Treasury urges mortgage sector to embrace digital tech
Treasury urges mortgage sector to embrace digital tech … automation efforts and another call to soften the use of the False Claims Act against lenders.
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