After HARP mortgage program ends, options for underwater borrowers

After HARP mortgage program ends, options for underwater borrowers

HARP was created in coordination with Fannie Mae and Freddie Mac to help homeowners with no equity or negative equity refinance their mortgages.
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FinTech Updates; Agency Deals; Off The Beaten Path at MBA Conference

On September 21, Freddie Mac priced approximately $725 million in K Certificates (K-1507 Certificates), which are expected to settle on or about
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MBA Announces Retirement of Griff Straw from School of Mortgage Banking

WASHINGTON, D.C. (October 15, 2018) – The Mortgage Bankers Association (MBA) announces the retirement of Griff Straw, CMB, from the teaching
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More people will end up homeless if housing market doesn't change, says Salvation Army report

More people will end up homeless if housing market doesn't change, says …. The first included the ban on foreign buyers acquiring existing homes,
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Housing prices will attract outsiders

Forget the smoke, forget the elbow room, and take a look at housing prices. At least in the eyes of one economist, who is a member of the California
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Montreal Ranks Third In List of Canada's Hottest Real Estate Markets

Some of Canada's most frenzied real estate markets are now rapidly cooling down, according to real estate consultancy Frank Knight's residential
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Oct. NAHB housing index gains, but affordability issues remain

Builders' confidence in the market for new single-family homes climbed as the National Association of Home Builders' housing market index grew to
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Austin area home sales stall as real estate prices continue to climb

“Home sales growth declined five percent last September, so it's good to see that the area housing market held steady in September 2018,” said Steve
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10 things you need to know before the opening bell

Industrial production and capacity utilization will be released at 9:15 a.m. ET before the NAHB Housing Market Index and Jolts Job Openings cross the
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2019 Investment Management Summer Analyst Programme – Real Estate Investing

Title: 2019 Investment Management Summer Analyst Programme – Real Estate Investing (London). City: London.
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Chicago is the second-most affordable big city to buy a home: report

Chicago's housing market remains among the slowest-growing in major U.S. cities for most of the past two years, as tracked by the S&P CoreLogic
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Large drop in home sales shows the market is rebalancing: Remax

September's surprising large year-over-year drop in home sales is a sign that the housing market continues moving toward balance between buyers
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Area home sales show seasonal slowdown, drop 10 percent in Northwest Austin for September

“Austin-area housing market activity has bucked the trend of a cool-weather slowdown over the last several years, maintaining much of the momentum
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Credit agencies in further push for digital mortgage process

Credit agencies in further push for digital mortgage process

Meanwhile, Equifax has announced that it is partnering with Freddie Mac to integrate its income verification tool The Work Number into the Freddie
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Nomura Agrees to Pay $480 Million Over Crisis-Era Securities

… were being packaged into securities, leading to significant losses to Fannie Mae and Freddie Mac, according to the Justice Department statement.
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Outgoing Fannie Mae, Freddie Mac CEOs take victory lap at MBA Annual

The departing CEOs of Fannie Mae and Freddie Mac oversaw significant cultural and operational shifts that made the housing finance system safer
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Buying a home? Here's what rising mortgage rates will cost you

Mortgage giant Freddie Mac on Friday reported that the rate for 30-year fixed mortgages has hit a seven-year high — and experts expect home-loan
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Mortgage rates pressure Apartment Investment Market Index

Rising mortgage rates are pushing down Freddie Mac's (OTCQB:FMCC) Multifamily Apartment Investment Market Index across most markets in Q2
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Nomura to pay $480 million to US over 'fraudulent' mortgage-backed securities

… mortgage agencies Fannie Mae and Freddie Mac since their 2008 takeover by the federal government after the collapse of the U.S. housing market.
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FHFA, GSEs launch Mortgage Translations

The FHFA together with Freddie Mac and Fannie Mae, has created Mortgage Translations, a clearinghouse for online resources including mortgage
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Mortgage Rates Drive Declines in Apartment Investment Market Index

Freddie Mac releases AIMI second quarter update. MCLEAN, Va., Oct. 16, 2018 (GLOBE NEWSWIRE) — Significant increases in mortgage rates once
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Lightstone Refinances 16 Multifamily Properties in Virginia

New York-based Lightstone Group has secured $74.5 million in Freddie Mac financing for a 16-property multifamily portfolio in Virginia encompassing
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Technical Review: Percentage Price Oscillator Histogram Above Zero for Freddie Mac 5.7 Pfd …

After a recent stock scan on shares of Freddie Mac 5.7 Pfd (FMCKP), we have observed that the Percentage Price Oscillator Histogram level is over
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Oxford Properties Sells Newly Built FL Community

PGIM Real Estate Finance financed the deal, providing a 10-year, non-recourse $41.7 million Freddie Mac loan which features a fixed interest rate of
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Experts say economy improving as mortgage rates reach 7-year high

POOLER, GA (WTOC) – The Federal Home Loan Mortgage Corporation, also known as Freddie Mac, says America's home mortgage rates have
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The Digital Mortgage is Within Reach. Introducing DocuSign Rooms for Mortgage.

Lenders are well aware that the mortgage space is tightening. Increasingly competitive and constantly evolving, lenders see the results in their bottom
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Big Jump in Americans Saying Renting Is Cheaper Than Owning

David Brickman, president of Freddie Mac and the head of its multifamily division, cautioned that renting remains unaffordable for many families.
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Nomura to pay $480M to settle financial crisis-era claims

“The actions of Nomura resulted in significant losses to investors, including Fannie Mae and Freddie Mac, which purchased Nomura Residential
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Greystone Provides $74.5M Freddie Mac Financing for 1768-Unit Multifamily Portfolio in Southern …

NEW YORK — Greystone has provided $74.5 million in Freddie Mac financing for a 16-property multifamily portfolio located across Virginia.
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Sunshine State Portfolio Changes Hands for $98M

Priderock funded the purchase with a $67 million Freddie Mac acquisition loan originated by KeyBank. Fairfield had picked up the assets for $67
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Freddie Mac approves LoanCare as eNote servicer

eDeliveries now may be received in LoanCare's eVault and transfers of control and/or location may be transferred to Freddie Mac from LoanCare's
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Lightstone Secures $75M Refi For VA Apartment Portfolio

New York-based The Lightstone Group has secured $74.5 million from Freddie Mac to refinance a 16-property portfolio of multifamily properties
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High Debt-to-Income Ratios Prompt More Mortgage Denials

A high debt-to-income ratio has superseded poor credit history as the number one obstacle for mortgage applicants, according to real estate data firm
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Egypt And Saudi Arabia-Centric Online Real Estate Marketplace Aqarmap Raises Funds In Series …

Egypt And Saudi Arabia-Centric Online Real Estate Marketplace Aqarmap Raises Funds In Series …

Aqarmap, an Egypt- and Saudi Arabia-centric online real estate marketplace has raised an undisclosed amount of funds in a Series A round from a
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NAACP leader opposes rent control bid while taking real estate money

The NAACP's surprise partnership with the opposition campaign, which is funded by real estate groups, has led to internal conflicts at one of the most
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Cape strikes major deal with real estate provider to develop Seven Islands

On Monday, Cape Coral City Council agreed to enter a contract with the world's largest commercial real estate services provider to figure out the best
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Real estate scion Robert Durst made his wife fear him: Witness

LOS ANGELES: Robert Durst, a real estate scion charged with murder who was profiled in the HBO television documentary The Jinx, struck fear in his
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Real Estate News – October 14

Coldwell Banker Distinctive Properties. Coldwell Banker Distinctive Properties is proud to recognize their Distinctive Angels volunteers for their
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Real Estate Q3 Earnings Preview

Earnings season kicks off this week in the real estate sector. More than 100 REITs and 10 homebuilders will report third-quarter earnings over the next
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Dear Monty: 5 critical components for successful real estate investing

Reader Question: I am considering investing in real estate. Can you explain how people avoid taxes just by owning property? Monty's Answer: Real
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Real Estate Boom Sparks Concern in Belgrade

Property prices are soaring in the Serbian capital – but the boom in luxury apartments is also causing concern about whether this trend is widening
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Paul Allen, Microsoft co-founder and prolific real estate player, dies

Paul Allen, the billionaire co-founder of Microsoft and global philanthropist, has died at age 65, leaving behind a hefty real estate portfolio that spans
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US real estate website Zillow to start offering Canadian home listings

TORONTO – U.S. real estate website Zillow is expanding to offer listings for homes in Canada for sale. Zillow says it has agreements to receive more
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Recent Commercial Real Estate Transactions

A local real estate investor has bought this 6,200-square-foot, five-floor apartment building in the Brooklyn Heights Historic District. The 25-foot-wide
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How Real Estate Investors Can Make The Most Money Flipping Houses

Real estate data company ATTOM reported the average profit on house flips in the United States was $65,520 in the second quarter of 2018.
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East End is where London's real estate action is

Tech City — this part of East London and the City fringe has established itself in recent years as the third-largest tech start-up cluster in the world.
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Shock research findings: Landlords who sell up don't destroy houses on their way out

Shock research findings: Landlords who sell up don't destroy houses on their way out

Economic theory also tells us to be wary of such predictions: the rent is set by supply and demand in the housing market. Landlords already charge as
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Stocks are treading water as earnings season accelerates

At 10 a.m. ET, the National Association of Home Builders is out with its October Housing Market Index. At the same time, the government will be
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Investor loans shrink in most Australian housing markets

Investors are shying away from the housing market against a backdrop of heavier restrictions imposed by the Australian Prudential Regulation
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Local housing market still 'taking a breather' but runaway home prices could return

VANCOUVER (NEWS 1130) – The brakes are still pumping in Metro Vancouver's real estate market, but the latest report on local housing comes with
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Israeli Housing Prices Essentially Unchanged Over Past Several Months

Are housing prices going up or down? For the past several months, the home price index has been essentially unchanged, shifting mildly between
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Does Jinchuan Group International Resources Co Ltd's (HKG:2362) PE Ratio Signal A Buying …

Does Jinchuan Group International Resources Co Ltd's (HKG:2362) PE Ratio Signal A Buying …

Jinchuan Group International Resources Co Ltd (HKG:2362) is currently trading at a trailing P/E of 5.4, which is lower than the industry average of 8.
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What can buying pacts between retailers mean for food manufacturers?

Last month, Spanish retailer Dia Group announced it had joined the new generation Horizon International Services 'negotiation platform', which was
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Property Investing – Turning to unconventional real estate markets

Prime International Properties specialises in helping investors buy properties abroad that are developed or owned by it. In Japan and the UK, the firm
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Does Pak Tak International Limited's (HKG:2668) PE Ratio Signal A Buying Opportunity?

Pak Tak International Limited (HKG:2668) is trading with a trailing P/E of 7.4, which is lower than the industry average of 10.7. Although some investors
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Who Are The Major Shareholders Of Miji International Holdings Limited (HKG:1715)?

With a market capitalization of HK$435m, Miji International Holdings is a small cap stock, so it might not be well known by many institutional investors.
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Which Stock Worth Buying? Marriott International (MAR) or Seritage Growth Properties (SRG)

The shares of Marriott International (NASDAQ:MAR) and Seritage Growth Properties (NYSE:SRG) were among the active stocks of the last trading
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Potential Chinese buyer appears for troubled Singaporean-run international school in Beijing

BEIJING – A Chinese businessman has shown interest in buying the troubled Singaporean-run Beijing BISS International School in the Chinese
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US-style rented housing goes global as millennials flock to cities

In Ireland, the financial crisis pushed large portfolios of housing into corporate hands. But in other countries, international investors in search of big
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Zacks: Brokerages Expect Fidelity National Financial Inc (FNF) Will Post Earnings of $0.79 Per Share

Zacks: Brokerages Expect Fidelity National Financial Inc (FNF) Will Post Earnings of $0.79 Per Share

A number of analysts recently issued reports on the company. … Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance,
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Is Hong Kong's property boom over? Home owners and developers rush to cash in before further …

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor's policy speech on housing on October 10 has bruised sentiment in the sector, with some
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Global Loan Origination Software Market Study 2015-2025, by Segment (On-demand (Cloud), On …

… Software manages lending tasks including origination, underwriting, closing and documentation for contract servicers, title companies, credit unions,
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Native title holders claim they were not properly consulted for NT fracking permits

I want the company to listen to our concerns and act on them before fracking starts next year,” he said. Alawa grandmother May August is a native title
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Elizabeth Township residents battle to replace state Rep. Rick Saccone

In the race for the 39th District state House seat, voters will choose between Republican Mike Puskaric, a title insurance agent, and Democrat Rob
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Ga. Atty Convicted In $26M Firm Embezzlement

Federal officials accused Hardwick two years ago of a major embezzlement scheme targeting his firm and a related title company to pay off gambling
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Holiday reopening unlikely for Hermitage Club

He said a title insurance company was accepted by legal counsel for both the lender and the Hermitage. He said a contractor is finalizing reports on
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O'Brien and Peters of MC O'Brien arrange $12.5 million Brooklyn sale

The building is fully leased with regional tenants, including a home health care provider, an engineering firm, a staffing provider and a title company.
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Ubitquity Announces Development Partnership With Coast To Coast Title

… platform for real estate and title recordkeeping, is pleased to announce that it has entered into a partnership with Atlanta-based title company Coast
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House prices: Australia's property market facing longest downturn in decades

House prices: Australia's property market facing longest downturn in decades

Aussie homeowners could find the value of their properties slashed by as much as 15 per cent as our housing slump deepens. It seems there's no
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Top 10 States for Housing

Pro Teck Services Ltd., a real estate valuation services company, has released a Home Value Forecast (HVF) Housing Market Report predicting the
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Reserve Bank 'alert but not alarmed' by house price decline

Reserve Bank 'alert but not alarmed' by house price decline

House prices fell by their fastest rate in six years in September, down 6 per cent in Sydney and 4 per cent in Melbourne from the same time last year.
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The RBA suddenly seems more concerned about what's happening in Sydney and Melbourne's …

The bank sounds more concerned about Sydney and Melbourne's housing markets, noting that “prices had declined noticeably”. It still believes the
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Ada County Home Sales Dip (A Little) In September

Those extra 72 hours are making a difference in a housing market as hot at Boise's. The brief window is giving buyers at least a little more time to try
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Industrial market is hot in Boston, but is it hot enough to save the city's middle class?

High office rents and soaring home prices get the attention, but Greater Boston's industrial market is also on fire right now. A report out Tuesday from
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Colleges Partner With Housing Authorities to Combat Student Homelessness

The IT boom in Seattle had driven demand for housing to accommodate new workers moving to the area. Rental housing costs and home sale prices
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Innovative housing community proposed for Windham

“The housing market is strong in Windham,” Pelham said. “These will be second homes and they won't be cheap. The owners will still be supporting
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Baltimore City Council votes for tax increases on real estate transactions to raise $20 million for …

Baltimore City Council votes for tax increases on real estate transactions to raise $20 million for …

Baltimore City Council votes for tax increases on real estate transactions to raise …. Baltimore charges twice as much in property taxes as surrounding
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Stock Market Licks Wounds – Market Update

Home prices were up. As we'll see, the stock market wasn't nearly that fortunate, but we'll get there. First, let's go over the economic data for the week.
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Stormy Daniels Loses Libel Lawsuit Over Trump's 'Con Job' Tweet

Stormy Daniels's libel lawsuit over a tweet by Donald Trump accusing her of “a total con job” was thrown out by a judge who said the president was
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What's at Stake in Bias Lawsuit Against Harvard

… limits the number of Asian-Americans it accepts. She speaks with Bloomberg's Scarlet Fu on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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Trump's First Annual Budget Deficit Rises to a Six-Year High

The U.S. budget deficit grew to $779 billion in Donald Trump's first full fiscal year as president, the highest since 2012 amid tax cuts and spending
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New digital 'banking alternative' launches

A new digital platform, run in partnership with Bendigo and Adelaide Bank, has launched to give Australians a “radically different banking alternative”.
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Gatwick Airport Wants to Plan Flights From the Emergency Runway

London Gatwick will seek permission to use an emergency landing strip for additional flights after the world's busiest single-runway airport missed out
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Saudi Arabia Points the Oil Weapon at Itself

Iran has the market spooked already, and even today's prices are denting oil demand, especially in emerging markets also suffering a slide in the
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Democrats challenge Stefanowski on payday lending

Stefanowski, who was CEO of DFC until January 2017, has said he would not seek legislation allowing payday lenders to do business in Connecticut,
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Commissioner: FHA plans major technology upgrade

Montgomery added that the agency will explore shared technology with Fannie Mae and Freddie Mac as well as other government agencies.
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Ghana: Central bank denies banking crisis allegation

The Governor of the Central Bank of Ghana (BoG), Dr. Ernest Addision, has denied reports suggesting that the banking sector of the country was in
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Why Stocks Might Be Poised for a Rally After Last Week's Selloff

… Tafel of Thompson Siegel and Walmsley examines the recent performance of U.S. stocks with Bloomberg's Abigail Doolittle on “Bloomberg Markets:
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Finicity Partners with Freddie Mac to Provide Industry-Leading…

Freddie Mac announced its new income and asset assessment capabilities at the Mortgage Bankers Association Annual Convention & Expo earlier
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Real Estate Rumors: Midtown Capital, McSam, City National

Law360 (October 15, 2018, 8:04 PM EDT) — Florida-based Midtown Capital Partners has picked up a Miami retail center for $78.2 million, the South
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The Rise and Fall of Sears: A Timeline From Its Founding to Its Bankruptcy

Richard Sears, who was born into a wealthy Minnesota family that lost its fortune in a speculative stock deal, was working as a station agent in 1866
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The Seattle market is cooling, but brokers don't expect it to freeze anytime soon

Every October the city and the real estate market cool off. Just as the weather starts to cool down from the heat-filled summer Seattle often saw, so, too,
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Markets Know a Hollow Threat When They See It

Markets Know a Hollow Threat When They See It …. Bloomberg News looked at about a dozen companies that analysts have soured on the most,
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Is Now An Opportune Moment To Examine Huadian Power International Corporation Limited (HKG …

Is Now An Opportune Moment To Examine Huadian Power International Corporation Limited (HKG …

This high level of volatility gives investors the opportunity to enter into the … A question to answer is whether Huadian Power International's current
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Analysts envision new future for Sears real estate

Sears stores in the Houston area were spared from the latest round of closures announced Monday as the 125-year-old department store chain filed
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Brooklyn Is Now The Real Estate Investment Darling Of The City

Last week, the borough ranked second on PwC and the Urban Land Institute's 2019 Emerging Trends in Real Estate report on the most desirable
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NAB's profit to take $314 million hit out of banking royal commission

National Australia Bank has confirmed its profit will be slashed by a further $314 million due to extra “customer remediation” costs.
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Malaysian market sentiment still weak after week-long losses

“International investors were net sellers on every single day of the week. Last Monday's foreign net selling of RM227.2mil was of no surprise,
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Luxury home sales carry Oahu's high-end real estate market year after year

HONOLULU (HawaiiNewsNow) – The sales of luxury homes on Oahu are up 11 percent since this time last year and Coldwell Banker Pacific
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RBA frets about tighter lending conditions

Reserve Bank of Australia board members are fretting that lending conditions could tighten further as the royal commission into the financial services
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Moneywise, Inc. Buys iShares Core MSCI Total International Stock ETF, First Trust Low Duration …

Investment company Moneywise, Inc. buys iShares Core MSCI Total International Stock ETF, First Trust Low Duration Opportunities ETF, Invesco
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Northview Apartment Real Estate Investment Trust declares CAD 0.1358 dividend

Northview Apartment Real Estate Investment Trust (OTC:NPRUF) declares CAD 0.1358/share monthly dividend, in line with previous. Forward yield
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A Big New Study Will Test if the Apple Watch Can Help Hip and Knee Surgery Patients Recover …

The Apple Watch—the titan of the smartwatch industry with more than 18 million devices sold in 2017 alone—is about to connect thousands of hip and
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Payday Lenders Seek Quick Win In 'Choke Point' Suit

Law360 (October 15, 2018, 9:13 PM EDT) — Payday lenders suing the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency
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PrimeLending Switches to Blue Sage's Digital Lending Platform

Mortgage lender PrimeLending is now using the Blue Sage Digital Lending Platform as its origination platform. The platform is highly scalable and
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Australia's RBA on watch for credit drought as banks tighten lending spigots

However, board members noted banks' had been tightening lending standards following damaging revelations from a Royal Commission inquiry into
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Federal Home Loan Bank of Atlanta Announces Results of 2018 Board of Directors' Election

ATLANTA, Oct. 15, 2018 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced the results of the 2018 director
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Two Ships With US Soybeans Head to China With Trade War Lingering

… is expected to arrive in December, according to vessel data compiled by Bloomberg. Government data shows 65,431 metric tons of U.S. soybeans
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LoanBeam's Self-Employment Income Solution Now Integrated with Freddie Mac

Freddie Mac has integrated LoanBeam's self-employment income assessment solution with its Loan Product Advisor automated underwriting system
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Construction firms suffer longest drop in lending since 2011

Lending by British banks to UK construction companies has fallen at the most consistent rate since 2011, as post-Brexit uncertainty hits the industry.
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Total Expert plans to accelerate banking, lending marketing innovation

Fintech software Total Expert has announced plans to accelerate marketing innovation in banking and lending and also begin expanding into
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Concerns About Rates and Tax Reform Are Overblown, Xerion CEO Arbess Says

… the top factors impacting the financial markets and his outlook for tech stocks with Bloomberg's Scarlet Fu on “Bloomberg Markets: The Close.
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Oakland Mayor Announces $9 Million Program To Prevent Homelessness

OAKLAND (CBS SF) — As the region's pricey housing market forces more residents to camp on city streets and huddle under freeways, Oakland
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