Europe's Giant Green Battery

Europe's Giant Green Battery

This beautiful power plant in Austria can store enough power to cover almost 100,000 households for over a week (Source: Bloomberg)
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Cherre raises $9 million for AI real estate data management

Real estate data is notoriously fragmented. More often than not, agencies find themselves in the unenviable position of having to manually collate
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May announces stamp duty hike for foreign buyers

Theresa May has confirmed that foreign property buyers will face an extra stamp duty surcharge in a bid to tackle the housing crisis. Foreign buyers
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Google Maps Update Aims at Improving Your Daily Commute

Google Maps has added a new feature that promises to make your daily commute just a bit better. When you boot up Google Maps on your phone this
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GE's $500000000000 Market Wipeout Is Like Erasing Facebook

Apple Inc. recently became the first U.S.-based company to top $1 trillion in market value, followed shortly thereafter by Amazon.com Inc.
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Fortune Names Great Lakes Caring, Part of the Elara Caring Network, One of the “50 Best Places …

NEW YORK–(BUSINESS WIRE)–Oct 1, 2018–Fortune Magazine announced that Great Lakes Caring, a home health and hospice care company in
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This startup just raised $9M to bring AI into real estate investment

Real estate data platform Cherre has raised $9 million in a seed round, the company announced Monday. The New York-based firm, which launched
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Danske Names Interim CEO as Borgen Is 'Relieved of His Duties'

The bank's market value has plunged by about a third this year, making it the worst performing European bank in the Bloomberg index, after Deutsche
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Ryanair Lowers Profit Outlook on Labor Strife, Fuel Costs

Ryanair warned that the bad news may not be over, saying it can't rule out more disruption this quarter, which “may require full-year guidance to be
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Scotch Whisky Maker Johnnie Walker Goes 'White Walker' in New Collaboration With HBO's 'Game …

Upstate New York-based Ommegang Brewery partnered with HBO to produce beer inspired by the Emmy award-winning show, telling Fortune last
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Fading US Tax Tailwind May Breathe Life Into Bruised Emerging Market Stocks

The outperformance of American equities may be due to wane before long, with emerging markets set for a turn in the sun, according to the Institute of
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GE Abruptly Ousts CEO John Flannery, Replacing Him With Former Danaher CEO Lawrence Culp

GE's board has announced a major shakeup at the top of the company's corporate ladder. The conglomerate on Monday announced that it has
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Nafta Deal, US Recession Risk, UK Manufacturing: Eco Day

Here's the latest news from Bloomberg Economics to get your October started … Meanwhile, there was mixed news for region's economy Monday, with
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Tesla Shares Jump After SEC Settlement Leaves Musk as CEO

That's above the Wall Street consensus of 50,416 — the average estimate of five analysts polled by Bloomberg — and toward the high end of Musk's
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International Bancshares Corp (IBOC) Stake Decreased by Federated Investors Inc. PA

Federated Investors Inc. PA reduced its position in International Bancshares Corp (NASDAQ:IBOC) by 12.7% in the 2nd quarter, according to its most
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Ottawa County real estate transfers Sept. 24-28

The Ottawa County Auditor recorded the following property transfers from Sept. 24 to 28: Allen Township. 23875 Ohio 579, Michael R. and Sandra L.
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Bond Vigilantes Won't Corral Stampeding Budget Deficits

Building upon that idea, Bloomberg News reported recently that the … in the 1980s to describe how debt markets could could punish governments for
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Broker buys Black Label Holdngs Real Estate, looks to Livingstn Parish office

DENHAM SPRINGS — Tommy Lockhart, a licensed real estate agent and consultant, has purchased Black Label Holdings Real Estate. “I have always
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Martinrea International (MRE) Shares Up 14.4% Following Insider Buying Activity

Shares of Martinrea International Inc (TSE:MRE) shot up 14.4% during mid-day trading on Monday following insider buying activity. The stock traded
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Barrett Sotheby's International Realty Acquires Acton Real Estate

Barrett Sotheby's International Realty of Concord, an independently owned and operated affiliate of Sotheby's International Realty, has acquired Acton
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America First Multifamily Investors, LP Announces the Sale of Jade Park MF Property and …

America First Multifamily Investors, LP Announces the Sale of Jade Park MF Property and …

… of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, student housing
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Gateway Mortgage Group Strengthens Nationwide Recruitment Efforts to Support Continued Growth

BUSINESS WIRE)–Gateway Mortgage Group, a full-service mortgage … These capabilities ensure mortgage loan officers can retain customers and
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The rate hike effect on real estate

Mortgage property purchases in the UAE have been affected by a rise in financing cost seen since the start of the year. But while property buyers have
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Merchants Bancorp's Joy State Bank Completes Acquisition of Farmers-Merchants National Bank …

… mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
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Man Wins $1M Lottery Using Fortune Cookie Numbers

Man Wins $1M Lottery Using Fortune Cookie Numbers

Man Wins $1M Lottery Using Fortune Cookie Numbers. Now Playing: A man became a big lottery winner using fortune cookie numbers. / GeoBeats.
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Banking royal commission: Will the credit squeeze become a credit crunch?

Following the release of the banking royal commission's interim report, analysts are divided about just how much further the lending slowdown has to
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China banking system outlook stable for next 12-18 months: Moody's

BEIJING, Oct. 1 (Xinhua) — The Chinese banking system will have a stable outlook over the next 12 to 18 months amid a steady operating environment
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Housing price slump might lead buyers to look for credit in all the wrong places

So far, lending by non-bank financial institutions is estimated to equal only about 7 per cent of Australian mortgage finance even if growing rapidly.
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NZ banking under spotlight after damning report on Aussie banks

The Australian Royal Commission's interim report into the financial services sector will form part of Financial Markets Authority and the Reserve Bank's
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Goldman Sachs's launching Marcus, its digital-first retail banking platform

Ashurst is advising Goldman Sachs on the launch of its digital-first retail banking platform, Marcus by Goldman Sachs. The new online bank intends to
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Shareholders Should Note That Insiders Own Shares In Alpha Era International Holdings Limited …

Shareholders Should Note That Insiders Own Shares In Alpha Era International Holdings Limited …

Alternatively, there might be something about the company that has kept institutional investors away. Alpha Era International Holdings might not have
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Korn/Ferry International (NYSE:KFY) Cut to “Buy” at ValuEngine

ValuEngine lowered shares of Korn/Ferry International (NYSE:KFY) from a strong-buy rating to a buy rating in a research note released on Tuesday,
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Foreign investors buys RM212m local equities of Bursa last week, longest buying streak since GE14

KUALA LUMPUR: International funds acquired RM212.3 million net of local equities for the week ended Sept 28,2018, for the third week running,
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Reverse Mortgage Funding focuses on growing TPO business

Founded in 2014, New York-based Reverse Mortgage Funding hasn't been around as long as the other leading HECM lenders, but that hasn't
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Federated Investors Inc. PA Has $2.50 Million Stake in Science Applications International Corp …

Federated Investors Inc. PA lifted its stake in Science Applications International Corp (NYSE:SAIC) by 136.4% during the 2nd quarter, according to its
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HDFC raises interest rate on home loans; EMIs to cost more

Mortgage lender HDFC, which is also India's largest housing finance company, on Monday increased its lending rate. The HDFC rate hike will be
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New CMHC guidelines could open doors to financing for self-employed

But he soon learned no new lender would approve a mortgage under the circumstances, despite the fact he had enough savings to cover payments
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Growers International (GRWI) Trading 15.3% Lower Over Last 7 Days

One Growers International coin can currently be bought for $0.19 or … Investors seeking to trade Growers International should first buy Ethereum or
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International Paper Co (IP) Holdings Increased by Glen Harbor Capital Management LLC

Glen Harbor Capital Management LLC's holdings in International Paper … $5,510,000 after buying an additional 962 shares during the last quarter.
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Alps Advisors Inc. Acquires 1533 Shares of Mondelez International Inc (NASDAQ:MDLZ)

Alps Advisors Inc. lifted its position in shares of Mondelez International Inc … Mondelez International currently has an average rating of “Buy” and a
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Johnson Controls International PLC (JCI) Shares Bought by Global X Management Co LLC

Finally, Point72 Hong Kong Ltd purchased a new stake in Johnson Controls International in the second quarter worth $156,000. Institutional investors
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Foreign funds making comeback

KUALA LUMPUR: Some international investors are recently seen reevaluating their decisions to pull out from the emerging markets (EM), and the
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What Should You Know About Trek 2000 International Ltd's (SGX:5AB) Capital Returns?

Buying Trek 2000 International makes you a partial owner of the company. Owing to this, it is important that the underlying business is producing a
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Coral Products Confirms Compliance With Mortgage Lending Covenants

LONDON (Alliance News) – Coral Products PLC said Monday it has complied with the financial covenants in its mortgage loan facility since April 30
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Foreign buying enters third straight week

KUALA LUMPUR: For the third week running, foreign funds bought equities listed on Bursa, the longest buying streak so far since GE14, according to
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ValuEngine Upgrades Matthews International (NASDAQ:MATW) to “Sell”

Other analysts also recently issued research reports about the stock. BidaskClub downgraded shares of Matthews International from a buy rating to a
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UWM: Winning by putting mortgage brokers first

More than its industry-leading turn times, and more than the fact that it is the fastest-growing mortgage lender, overall, in the country, UWM is proudest
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International Flavors & Fragrances Inc (IFF) Shares Bought by Riverhead Capital Management LLC

Alpine Woods Capital Investors LLC raised its holdings in shares of International Flavors & Fragrances by 16.9% in the second quarter. Alpine Woods
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Understanding the needs of air travellers

Raja Azmi said the airport managers would study the buying patterns of international passengers at selected airports in the country to raise
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Shareholders Should Check The Ownership Structure Of Media Chinese International Limited …

We can see that Media Chinese International does have institutional investors; and they hold 11.8% of the stock. This can indicate that the company
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Banking royal commission interim report: Funeral insurance all but dead

Banking royal commission interim report: Funeral insurance all but dead

Funeral insurers will have to overhaul their products or ditch them altogether after the Hayne royal commission called on the corporate regulator to use
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Royal commission interim report: The questions facing the banks

Notwithstanding their immediate complexity, they are the most important questions facing the Australian banking industry in our lifetime. What follows
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Women in banking: Advice on getting ahead from top JPMorgan execs

At a recent leadership event, four of the five women on JPMorgan Chase's operating committee offered advice about how women can get ahead in the
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Policymakers share blame for the shadow banking boom

Black pots and kettles spring to mind. Over the past couple of weeks, three different policymakers from the European Central Bank have spoken in
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North American Title Co.'s Western Region Counsel to Receive National Women in Law Award

Suzette Z. Torres, Vice President Regional Counsel for North American Title Co.'s (NATC) Western Region, will be presented an award for
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Danske Bank appoints interim CEO to replace Borgen

COPENHAGEN (Reuters) – Danske Bank on Monday appointed Jesper Nielsen, a member of its executive board and head of its
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SC verdict on Aadhaar: Verification for investing, banking to get time-consuming and costlier

Banks and fintech companies will face the same problem when it comes to opening new accounts or disbursing loans. “There will be delays in loan
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Telltale Games Likely Final Title Pulled from Digital Stores

Telltale Games was currently working on a sequel to the popular Wolf Among Us title. In addition, this company had obtained licensing to begin
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Elon Musk no longer Tesla chairman, keeps CEO title

According to the SEC, Musk has agreed to not only relinquish his position, but will also pay a hefty $20 million fine (in which the company also has to
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RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery

Between April 2014 and April 2018, the country's 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs
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The key players of the banking crisis: where are they now?

In August, Cardiff joined the board of KBC Bank Ireland as a non-executive director having been self-employed as a consultant since March. He's also
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Swiss Private Banks Urged to Partner in a `Complex' World

Switzerland's diminishing band of mid-sized private banks should consider teaming up with other firms to expand in Asia and tap into the business of
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ISL Season 5: LED brand Andslite title sponsor for Delhi Dynamos

The LED company which provides high quality, eco-friendly products has formed an alliance with Delhi Dynamos to promote football in India through
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Orocobre Limited appoints new Chief Executive Officer and Managing Director

Martin is a qualified industrial engineer with a career spanning engineering, operational improvement, banking, finance and executive management.
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Aadhaar verdict brings India's banks back to square one

A long-running nightmare of India's banking customers has finally ended—but for banks, it has just begun. Till recently, Indians were being regularly
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Noah's flood needed to reach the dirt buried deep in banking

It is important to remember that the banking royal commission was called by a government that labelled it “regrettable and unnecessary” and limited
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Home title fraud: How it's done and how to protect yourself

Roughly 2 ½ years later, Granada Hills-based Title Lock Corp., a title fraud detection company with an office in Rancho Santa Fe, was founded by
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Banking royal commission interim report: Banks to tap each other's account data

There's a clear takeaway for the fintech scene from the banking royal commission's interim report: the major banks will have to get much more
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Near-term headwinds expected to emerge in banking sector

Maintain neutral: Banking system remained resilient in first half of 2018 (1H18) under severe stress test scenarios. On the domestic front, the surprise
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Bluestone Mortgages launches into Help to Buy

Specialist lender Bluestone Mortgages has entered the Help to Buy market … Steve Seal, director of sales and marketing at Bluestone Mortgages
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55.1 pct of Romanians who want to buy a home would choose cash payment

55.1 pct of Romanians who want to buy a home would choose cash payment

12.1 percent said that the budget is directly dependent on the money they can get from financing sources such as mortgage loans or Prima Casa.
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Mortgage lending in Murcia rose to a 7-year high in July!

These data come in the context of a 14.6 per cent year-on-year rise in mortgage lending in Spain as a whole, with the most significant upward
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Are the lowest mortgage rates relegated to history?

Charlotte Nelson, Finance Expert at Moneyfacts.co.uk, said: “October 2017 will be known not only as the month of the lowest fixed mortgage rates on
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Mortgage approvals rebound to hit 2018 high: BoE

“Whilst the current growth rate for mortgage lending remains steady, it is still vital that brokers ensure the lines of communication with clients are kept
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Two-Thirds of US Business Economists See Recession by End-2020

Two-Thirds of US Business Economists See Recession by End-2020

Yelena Shulyatyeva, an economist at Bloomberg Economics in New York, was among those who conducted the analysis of survey responses.
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Globalists Will Love Trump's New Nafta Deal

For the group of people meant to be enemies of President Donald Trump's trade agenda, the revised North American trade deal reached shortly
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Expect Brent at $85 in Six Months, Says UBS' Gordon

Wayne Gordon, executive director at UBS Wealth Management, discusses his outlook for commodities in the next six months. He speaks on
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Ryanair Cuts Full-Year Profit Outlook

That comes as strikes and higher fuel costs weigh on the bottom line. Bloomberg's Benedikt Kammel reports on “Bloomberg Markets: European Open.
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'I only needed a €100k mortgage for a €480k house but the banks turned me down'

'I only needed a €100k mortgage for a €480k house but the banks turned me down'

The new mortgage has been developed with approval from the Central Bank. The product has been two years in the making and is set to shake up the
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Towd Point Mortgage Trust 2018-5 — Moody's assigns definitive rating to seasoned, performing …

Rating Action: Moody's assigns definitive rating to seasoned, performing and re-performing RMBS issued by Towd Point Mortgage Trust 2018-5.
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Tories plan to make B-20 election issue

Refusing to go quietly, MP Tom Kmiec has vowed to put the mortgage stress test back on the agenda in time for the Oct. 2019 federal election.
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Mortgage market shake-up: Credit unions set to challenge banks and open up market

Around 100 credit unions already offer some mortgages on an ad hoc basis, but a recent probe by the Central Bank found a litany of failings in how
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MORTGAGE FORECLOSURE

NOTICE OF MORTGAGE FORECLOSURE. STATE OF ALABAMA. COUNTY OF COFFEE. Default having been made in the payment of the
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Credit Union To Enter Mortgage Market

Credit Unions are preparing to enter the mortgage market. According to the Irish Independent, the financial institution hopes to start lending to
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Let people buy mortgages across EU, says Billy Kelleher

House hunters crippled by high interest rates should be able to shop around for mortgages in any country in Europe, according to Fianna Fáil.
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Squeezed: How independent mortgage banks are dealing with low volumes and overcapacity

Market conditions have created low volumes and overcapacity in the independent mortgage banking realm. To fight off the chill, some have taken to
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3 Things You Should Know About Mortgage Rates

If you've seen any of the recent headlines about mortgage rates or are in your own process of buying, you know that they are higher and not fairing
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Hot Seat: Matt Richardson of Manley Deas Kochalski

Ohio was one of the states where the foreclosure crisis hit hardest, and it continues to rank as one of the top 10 states for mortgage foreclosure in 2018
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'I had €380k savings and only needed a €100k mortgage but the banks turned me down'

He is the first credit union member in the country to be granted a mortgage under a new standardised offering being rolled out across the State by the
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A review of things you need to know before you go home on Monday; more mortgage rate cuts …

Here are the key things you need to know before you leave work today. This report is Updated with early details of a NAFTA deal between the US and
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IL&FS Shareholders Back Funding Plan

India's IL&FS has won a lifeline with shareholders backing plans to raise money through debt and equity. Bloomberg Intelligence's Diksha Gera
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Value Stocks, Financials in Europe Are Key to Own, Says BNP Paribas' Saywell

Steven Saywell, senior multi-asset specialist at BNP Paribas, discusses his strategy for the rest of the year. He speaks on “Bloomberg Markets:
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Finance of America Reverse introduces second lien reverse mortgage

Finance of America Reverse has announced the addition of HomeSafe Second, a second lien reverse mortgage, to its proprietary HomeSafe suite of
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ABB's Potential Breakup Heralds Robots, Windfall for Swiss Giant

In a more recent example of playing for time, Spiesshofer is considering putting another division — power grids — on the block, Bloomberg News
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Just CFO exits as pivotal new lifetime mortgage rules loom

He played a 'key role' in helping the group respond to the Prudential Regulation Authority's (PRA) consultation on lifetime mortgages CP13/18.
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Deadly Indonesia Earthquake, Tsunami Deliver Multiple Blows

Southeast Asia's biggest economy has been among the hardest hit in the region following a sell-off in global emerging markets triggered by rising U.S.
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Brexit Bulletin: Tory Wars

Bloomberg's team in Birmingham bring you a blow-by-blow account of what's going on at the … For all the latest news, visit bloomberg.com/brexit.
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I'm Confident May Will Reach a Good Deal for UK, Says Economic Secretary

He speaks on “Bloomberg Markets: European Open” from the Conservative Party Conference in Birmingham. (Source: Bloomberg)
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Dry Bulk Shipping Industry Going Through a Recovery, Says Genco CEO

Dry Bulk Shipping Industry Going Through a Recovery, Says Genco CEO

… discusses the commodities market, the steel industry and his outlook for the dry bulk shipping industry. He speaks on “Bloomberg Markets: Asia.
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Baht Will Continue to See Some Gains, Says Continuum Economics' Chanana

… economist at Continuum Economics, discusses inflation in Thailand and her outlook for the economy. She speaks on “Bloomberg Markets: Asia.
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Trump Clinches Rebranded Nafta as Canada Joins Pact With Mexico

U.S. equity futures, Canada's dollar and Mexico's peso all gained on the news. The loonie climbed to its strongest since May against the greenback,
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Canada Joins US and Mexico for Trade Deal to Replace Nafta

… known as the U.S.-Mexico-Canada Agreement or USMCA. Bloomberg's Josh Wingrove reports on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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Residential mortgage loan trading platform plots growth

Residential mortgage loan trading platform plots growth

MAXEX, a residential mortgage loan trading platform and exchange company, has announced plans to enhance its exchange operations and
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Mortgage market to see more competition

Credit Unions are preparing to enter the mortgage market. According to the Irish Independent, the financial institution hopes to start lending to
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Casting about for the way forward

However, the government's project will receive support from a $145m housing loan approved by the World Bank in March and the recent State Bank
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Trump Administration Sues California Over Net Neutrality Law

Just after California Governor Jerry Brown signed a state net neutrality bill in defiance of federal regulations, the Trump Administration asked a court to
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Sodastream International (SODA) Rating Lowered to Buy at BidaskClub

BidaskClub downgraded shares of Sodastream International (NASDAQ:SODA) from a strong-buy rating to a buy rating in a research note released on
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The Future of Car Ownership and How It Will Affect Real Estate

There's no doubt that autonomous vehicles will play a role in our future transportation. With driverless car technology improving every day and more
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France's Casino in €565m sale of real estate assets

French retailer Casino Group has announced the sale of a portfolio of real estate assets for €565m, the latest move by the group to shore up its
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Optimism in financial services down in Q3

Optimism in the financial services sector fell sharply in the third quarter, having declined in all but one quarter since the start of 2016, the latest
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Credit unions set free to challenge banks and open up mortgage market

Now the credit unions have successfully completed a pilot study of their new home loan, hundreds of people could be borrowing from them by this time
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Jim Valentine: When real estate transactions don't go as they should

Most residential real estate transactions flow fairly smoothly. Once contracted, buyer and seller want the same thing, the safe close of escrow. Sure
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Real estate funds continue strong growth as investment

SEOUL, Oct. 1 (Yonhap) — Real estate-related investment funds reached the highest-ever total of 69.97 trillion won (US$62.97 billion) as of the end of
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US and Canada Said to Agree on New Trilateral Deal

… will join the U.S. and Mexico in a tentative deal to keep the three-way pact intact. Bloomberg's Ramy Inocencio reports on “Bloomberg Markets: Asia.
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ICE makes its move in $15tn US mortgage market

Individual home loans are too heterogeneous to lend themselves to the kind of rapid-fire continuous auctions that comprise exchange trading, he said.
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Trudeau Scores Economic Wins With Nafta Deal, LNG Investments

Hours earlier, Bloomberg News reported that a Royal Dutch Shell Plc-led group is poised to announce Monday that it's moving forward on a C$40
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Stakeholders set for US housing confab

Among dignitaries to be honoured at the forthcoming 'Real Estate Investment and Mortgage Finance in Nigeria (REIMFIN, 2018) housing parley to be
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Zebra Capital Management LLC Has $1.01 Million Position in Matthews International Corp …

Several other large investors also recently bought and sold shares of the business. Aperio Group LLC lifted its holdings in Matthews International by
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Ohio court rules landmen must be licensed real estate brokers

The court ruled an outside landman in Ohio must be a licensed real estate broker in order to seek compensation for work performed in obtaining oil
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Using mortgage finance to address housing shortfall

Consequently, governments designed mortgage finance to enhance its adequate delivery as housing provision requires huge capital outlay, which is
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Biggest Issue for Global Markets Is Midterm Elections, Says StanChart's McDonnell

… Canada and Mexico, U.S.-China trade and the biggest risks to markets this year. He speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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Sulawesi Quake Toll Tops 800

The central Sulawesi government has declared a two-week state of emergency. Bloomberg's Karlis Salna reports on “Bloomberg Markets: China Open
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