Warning 'warehoused mortgages' is next crisis

Warning 'warehoused mortgages' is next crisis

Some €1.5bn worth of so-called “warehoused mortgages” — where some regular payments are agreed and the rest of the sum is parked to the end of
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Refinance mortgage rate drops for Friday

Refinance rates were mixed, but one key rate receded. The national average for a 30-year fixed-rate refinance tapered off, but the average rate on a
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NAR: Existing home sales fall to 3-year low

The median existing home price for all housing types increased to $264,800, surpassing last August's $258,100. This is a 4.2% increase from
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Why Digital Banking Should Include A Human Component

As Celent noted in their recent blog post, “The bulk of digital-banking activity has been around facilitating a growing variety of convenient, low-friction
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People on the move: Oct. 19

John Stachowsky has joined LERETA LLC, a provider of real estate tax and flood services for mortgage servicers, as director of internal sales.
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Don't Miss This Stock: Apollo Commercial Real Estate Finance (ARI)

Apollo Commercial Real Estate Finance (ARI) stock moved down -0.72% in contrast … This is showing medium-term bearish trend based on SMA 50.
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Spanish banks recover after court to review mortgage stamp duty ruling

MADRID (Reuters) – Shares in Spanish banks rebounded on Friday after the Supreme Court said it would review the impact of a ruling on mortgage
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The art of real estate negotiations |Joe Manausa

For home buyers and sellers, the negotiation portion of real estate … The key to winning the real estate negotiation is being aware of market values
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Bubble Watch: Will rising mortgage rates crash Southern California's housing market?

Buzz: California housing market is at risk as mortgage rates rise near … Dissection: Real estates professional habitually forget a key reason why
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Arya rolls out digital banking features

The Arya digital banking payments wizard addresses the availability of numerous payment transfer options. It capitalizes on least-cost routing to
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Noosa property heats up with luxury summer offering

Damien Said, Real Estate Institute of Queensland's chairman for the … region are steadily increasing, bucking the trends of Sydney and Melbourne.
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Back In The Green? Early Action Points To Possible Gains, Thanks Partly To China

Another thing that could bear watching is existing home sales, due soon after the opening bell. The housing market has been under pressure lately as
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International Speedway (ISCA) Upgraded to Neutral by Citigroup

International Speedway (NASDAQ:ISCA) was upgraded by Citigroup from a “sell” rating to a … 50.02% of the stock is owned by institutional investors.
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Ottawa real estate investment 'near-unprecedented': Altus

Julianne Wright, right, and Colin Johnston of Altus Group present a market overview at the Ottawa Real Estate Forum. (RENX photo, Don Wilcox).
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US existing home sales fall for sixth straight month

WASHINGTON (Reuters) – U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite
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13 million people in Britain have seen their local bank branch close down in past 10 years, ONS …

“There are many people still reliant on traditional banking services who are at risk being financially excluded by this alarming rate of branch closures”
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Rising mortgage rates hurt bank revenue, credit quality: Moody's

Rising mortgage interest rates not only will continue to constrain banks' once-robust revenue from this business, they will also affect existing borrower
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India's decision to buy S-400 missile system will further destabilise region: Pak

In a statement, the Foreign Office said the Indian purchase was part of its efforts to acquire a Ballistic Missile Defence (BMD) System through multiple
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When Community Banks Die: How Small Businesses Are Affected

When it comes to financing, community banks have been providing support to small businesses for decades. However, a problem is emerging that's
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US: Housing market will cool even further in coming months – Wells Fargo

“Home price appreciation has also cooled off. The latest data show the median price of an existing home sold in September was just 4.2% higher than
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Coutts partners with fintech firm Mortgage Brain

Coutts partners with fintech firm Mortgage Brain

Private bank and wealth manager Coutts has partnered with a mortgage fintech company to share its products with the intermediary market.
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Pennsylvania Real Estate Investment Trust (PEI) Trades at Its 52-Week Low

Pennsylvania Real Estate Investment Trust (PEI) Trades at Its 52-Week Low … Market cap is just a fancy name for a straightforward concept: it is the
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CFPB requests investigation into Trump appointee's controversial blog posts

Eric Blankenstein says he regrets the racially charged comments he blogged in his 20s, but that's not enough to satisfy his bosses at the Consumer
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Citizens' 3Q boosted by mortgage acquisition

Citizens Financial Group on Friday reported higher profits as a recent acquisition helped the Providence, R.I., company buck the industrywide trend of
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Real Estate Software Market New Business Opportunities and Investment Research Report 2017 …

Real Estate Software Market New Business Opportunities and Investment … The Real Estate Software global market study report answers several
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Mortgage Loan Applications: How the Economy Impacts You

One of the main considerations in applying for a mortgage is the interest rate. It impacts the mortgage affordability over a specific payment period.
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Best TDHCA Mortgage Lenders of 2018

We spent over 400 hours reviewing the top mortgage lenders before selecting the best for our readers. Texas residents who want to buy their first
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Real Estate Software Market : Impact of Existing and Emerging Flexible Market Trends and …

The Real Estate Software global market study report answers several … The Global Real Estate Software Industry growth trends and promoting
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THE LIST: A look at Charlotte's largest mortgage lenders

This week's Charlotte Business Journal lists the area's largest conventional and government-backed mortgage lenders, ranked by 2017 total mortgage
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Is Housing's 'Missing Middle' a Dead-Zone for Market Players?

Yes, because, it's true, today's rules of engagement for market-rate, private sector players in residential real estate and construction–costs, policies,
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Forbes: 5 Times to Beware a Reverse Mortgage

For those who are interested in opening a reverse mortgage, there are five specific scenarios when another solution might be a better idea, a recent
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Mortgage rates today, October 19, 2018, plus lock recommendations

Average mortgage rates today changed little from yesterday's. We received one scheduled report, or moderate importance. The National Association
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With existing home sales at a three-year low, are more people turning to renting?

With home prices and interest rates both on the rise, will more people look to renting as their only “affordable” option for housing? It looks like that
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Tom Hanks' Former Floating Home Sails to the Top of Most Popular Homes

If you need even more space to spread out, property on either side of the house is … Now on the market, it has enchanted many real estate watchers.
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Moving to your new home: When should you schedule the move?

In this article: Your escrow is proceeding nicely, your mortgage is in order, and moving day looms. But when should you schedule moving to your new
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Barclays Appoints Ed Wehle as Head of Global Technology Services Banking

Mr. Wehle will be based in New York, and will report to Greg Dalvito and Laurence Braham, Co-Heads of Technology Banking, Americas at Barclays.
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Real Estate Software Market Analysis 2022: Impressively growing Latest Technology Trends with …

Real Estate Software Worldwide Market research report check out the growth rate and the market value on the basis of market dynamics,
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Dallas' Bryan Tower joins 'amenities gone wild' trend to attract new downtown tenants

Dallas' Bryan Tower joins 'amenities gone wild' trend to attract new … The Urban Land Institute and PricewaterhouseCoopers quizzed real estate
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People priced out of Salinas, California, look to the ballot

Few cities exemplify California's housing crisis better than Salinas, … 6, 2018, photo, electrical wires run into an apartment building as a room is lit by a
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Bainbridge Companies hires five new executives to position for growth

Luxury multifamily firm The Bainbridge Companies, recently hired five members to its executive team in support of its growth initiatives in the
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Which Stock Worth Buying? Ctrip.com International, Ltd. (CTRP) or HP Inc. (HPQ)

Which Stock Worth Buying? Ctrip.com International, Ltd. (CTRP) or HP Inc. (HPQ)

The shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) and HP Inc. (NYSE:HPQ) were among the active stocks of the last trading sessions.
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Babies for Sale: ASEAN's Insidious Underground Baby Market

Six women were detained for buying babies from mothers, forging their identity documents, and selling them on to wealthy international buyers at a
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Italy's banking association head says growing spread is a concern

ROME, Oct 19 (Reuters) – Italy's banking association head said on Friday the growing spread between Italian and German bond yields was worsening
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Why To Keep Buying IntelliPharmaCeutics International Inc. (IPCI)

Shares of IntelliPharmaCeutics International Inc. (NASDAQ:IPCI) recorded 6.98% gain during trading session on October 18th, 2018. The script traded
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India cenbank allows banks to lend more to some non-banking finance firms

Oct 19 (Reuters) – India's central bank on Friday increased lenders' single borrower exposure limit for non-banking financial companies (NBFCs)
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Insider Buying: International Flavors & Fragrances Inc. (NYSE:IFF)

Technical Stock Analysis. International Flavors & Fragrances Inc. (NYSE:IFF), a Basic Materials sector firm, traded 771819 shares in last trading
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Why Millennials Refuse To Open Bank Accounts Digitally

Millennials are quick to abandon any digital account-opening application that isn't fast, simple and intuitive. Once abandoned, a bank or credit union
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Scripps Buys Digital Audio Specialist Triton

… streams, competitive advantages and expanding international footprint'. Although Symson says buying TV stations remains the number 1 acquisition
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Banking Profits in Financial ETFs

When referring to banking stocks, Michael Bapis, managing director with Vios Advisors at Rockefeller Capital Management, told CNBC's “Trading
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Swiss banks court rich Americans a decade after tax drama

ZURICH (Reuters) – Ten years after a booming business with discretion-minded U.S. clients cost Swiss banks billions of dollars and put an end to
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Swiss Banking Secrecy Rule Dealt Setback in Month to Forget

“Bank secrecy used to be sacrosanct even in Switzerland, but now with automatic exchange of information agreements kicking in and then this
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RBI eases bank lending limits to some non-banking finance firms

MUMBAI (Reuters) – The Reserve Bank of India on Friday eased lending norms related to certain non-banking finance companies (NBFCs) as liquidity
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What's at stake if investors begin to shun Saudi Arabia

Q: Why does Prince Mohammed need foreign investors? A: The crown prince wants to diversify the economy away from oil and transform its business
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2018 3rd Quarter Real Estate Market Watch: January – September Sales Comparison

2018 3rd Quarter Real Estate Market Watch: January – September Sales Comparison

In central Berkshire, the largest real estate market for residential homes, there was a healthy increase to 473 sales worth $101.9 million dollars.
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Housing Market Slows As Prices and Rates Rise

Denver epitomizes the slowdown taking hold this year in the nation's housing market as mortgage rates climb, home prices rise and the new tax law
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Existing home sales fall for sixth straight month in September

U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader
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US Existing-Home Sales Dropped in September

WASHINGTON—Sales of previously owned U.S. homes declined in September, extending a weak stretch for the housing market in a period of
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Winds of change blowing through Fresno housing market

Fresno Realtor Brandon Gonzales, front, answers questions from the audience attending the Fall 2018 Housing Market Symposium Tuesday at Fresno
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What rising interest rates mean for homeowners, buyers and renters

What rising interest rates mean for homeowners, buyers and renters

But for people who managed to hang on to their homes through the crash — or luckier still, to buy that first house while the market was bottoming out
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Twenty Percent Drop Predicted As 'Perfect Storm' Heads For Property Market

Property investors should remain cautious of the housing market in Australia's two major cities, an economist has warned. Tightening credit conditions
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Ivanka Trump Misled Real Estate Investors About Her Dad's Properties, A New Report Claims

According to a sweeping new report by ProPublica and WNYC, Ivanka Trump gave false sales figures about Trump Organization properties in four
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Transforming Toxic Properties into Affordable Housing

Seventy-eight percent of the homes examined in the report lost on average nearly half, or 49 percent, of their market value. The homes analyzed in the
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What Does the Future of Vacation Rentals Mean For the San Diego Real Estate Market?

Regardless of if they go through or not, what does it mean for the local real estate market? In July, the City Council voted to limit rentals to primary
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Swiss Banking Secrecy Dealt Fresh Setback in a Month to Forget

Two events this month may have finally brought the curtain down on secrecy rules that were the key to Geneva and Zurich's private banking heyday,
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China's real estate investment slows in September as caution sinks in

BEIJING (Reuters) – Growth in China's real estate investment eased in September and home sales fell for the first time since April, as developers
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When is the right time to retire in real estate?

How do you plan for a life after working if you have no idea how long you'll live? Will it be 10 years? 20? More? Teresa Boardman talks through
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Why are Indians Investing Overseas?

An exploratory Buying behaviour, investments returns, personal … There are several factors, which make an overseas property acquisition more
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£70bn Saudi-backed Softbank fund in talks with UK's Oaknorth

The world's biggest technology fund is in talks to buy a stake in the British … On Thursday, Liam Fox, the International Trade Secretary, pulled out of
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Westbourne Investment Advisors Inc. Takes Position in Philip Morris International Inc. (PM)

CIBC World Markets Inc. now owns 152,648 shares of the company's stock valued at $15,173,000 after buying an additional 33,099 shares during the
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Carbon38 Partners with Flow to Offer Localized Shopping Experiences to Consumers Around the …

Flow's simple-to-manage solution enables a seamless international … the risk and fear of buying products internationally and mirrors Carbon38's
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Real estate firm buys Ritz-Carlton Kapalua on Maui

Real estate firm buys Ritz-Carlton Kapalua on Maui

Blackstone Real Estate Partners, an affiliate of Blackstone Group, closed this week on the 49-acre (20-hectare) property that includes a 297-room
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Six Skills Real Estate Investors And Developers Need To Develop

Real estate can be an excellent investment, but like any investment, there are risks — and you'll want to know what you're doing before you get in too
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Top 50 Real Estate WallStars By Yields And Net Gains For October 2019

50 Top Real Estate WallStars ranged 6.67%-17.84% in estimated yield. Top 10, IVR, MFA, MITT, CIM, AGNC, DX, WMC, EARN, ORC, and GOV,
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Real estate briefs: MetroNational sells three office buildings

Houston-based MetroNational has sold three office buildings in deals brokered by Dan Miller and Trent Agnew of HFF. Houston-based S&B Engineers
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Kitimat real estate sizzles after LNG announcement

In the aftermath of the announcement on Oct. 2 that Kitimat's $40-billion liquefied natural gas project will be going ahead, a local real estate agent says
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Bay Area housing market cooling off, but prices still expected to rise in 2019

In the Bay Area, homes are taking longer to sell and aren't getting as much money as they did just a few months ago. After years on the up, the red-hot
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Real deal: Realtor officials forecast weaker housing market in 2019

The latest housing and economic forecast released by the California Association of Realtors indicates high home prices and eroding affordability are
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Ask a real estate pro: Can my landlord kick me out in 30 days?

Q: I have been renting my apartment for six years using annual leases. This year at renewal time, I asked to go on a month-to-month lease due to
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Referendum proposes progressive real estate transfer tax

A referendum proposing to modify the real estate transfer tax so it becomes a progressive tax will appear on the November ballot in Evanston.
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RBI announces more steps to increase credit flow to non-banking finance companies

The Reserve Bank of India (RBI) announced more measures to increase liquidity flows to the non-banking financial companies on Friday. The RBI has
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Briggs: Summer's gone, and with it the best of the 2018 housing market

If you brought a desirable and reasonably (or even unreasonably) priced house to the starved real estate market, you likely attracted interest within
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RealSavvy Takes $2.5M to Bring Real Estate App to Three New States

Austin—RealSavvy, a customizable online service that enables real estate brokers and agents to communicate with potential clients, is taking a $2.5
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US home starts fall 5.3% in Sept.; materials cost, affordability still worrying builders

Permits on new homes, a good indicator of where the market is headed, fell 0.6 percent for the month, also due to fewer multifamily projects, permits
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A stable rental housing market

The failure of the rental housing market to meet the demand for affordable units is behind the government's initiative to introduce a legal framework
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Glen Ellen real estate market proving fire proof

Glen Ellen and Kenwood are the wine country ideal: rolling hills, ancient oaks, wide, postcard views. Real estate is priced higher there than elsewhere
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Montreal real estate: Growing demand in China for local properties

Realtors and other real estate professionals have been noticing an increase in the number of buyers from China in the past year or so. A new analysis
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The Pipeline: Commercial real estate deals for 10.19.18

WEG Property Management LLC purchased at 7021 Hull Street Road in Chesterfield County for $630,000. Michael Morris and Morgan Trible
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Housing market slows as prices and rates rise, helping buyers in Denver, other cities

Keith and Kylie Beukema were bracing for a year-long slog as they started hunting for a larger home in the Denver area, one of the hottest housing
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Texas housing market heading for another record year

Home sales in the Lone Star State remained hot through the summer and the market is set for another record-breaking year. Texas Association of
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UPDATE 2-China's real estate investment slows in Sept as caution sinks in

Sept property investment +8.9 pct y/y vs +9.2 pct in August – Reuters … BEIJING, Oct 19 (Reuters) – Growth in China's real estate investment eased in
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Mercer International (MERC) Boosted to “Strong-Purchase” at Raymond James

Mercer International (MERC) Boosted to “Strong-Purchase” at Raymond James

Mercer International (NASDAQ:MERC) (TSE:MRI.U) was upgraded by stock analysts at Raymond James from an “outperform” rating to a “strong-buy”
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Could UMS United Medical Systems International AG's (FRA:UMS) Investor Composition Influence …

We can see that UMS United Medical Systems International does have institutional investors; and they hold 23% of the stock. This can indicate that the
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Local jeweler hosts diamond buying and trade-up event

Clodius and Company Jewelers have partnered with the International Institute of Diamond Valuation (IIDV) to help expand evaluating diamonds and
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Credit Suisse Group AG (CS) Showing Sign Of Heavy Institutional Buying?

Institutional investors currently hold around $976 million or 3.2% in CS stock. … Magna International Inc. (NYSE:MGA) recent drop took place on
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Serious about buying a yacht? Here are some tips for the boat show

If you are in the market for a boat — no matter what type it is — chances are you are bound to find one at the 59th annual Fort Lauderdale International
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CBN plans N6bn capital for mortgage guarantee firms

CBN plans N6bn capital for mortgage guarantee firms

Promoters seeking licence to operate Mortgage Guarantee Companies (MGC) recently introduced by the Central Bank of Nigeria (CBN) should have a
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Systemic risks are being brought under control – China Banking and Insurance Regulatory …

The CBIRC is asking Chinese banking institutions to properly manage risks, especially on stocks. The regulator is also promising financing
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Exposure Draft On The Regulation For The Operations Of Mortgage Guarantee Companies In Nigeria

In an effort to promote mortgage financing and advance home ownership, the Central Bank of Nigeria (CBN) is proposing the introduction of Mortgage
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Open banking plan could spark 'scaremongering'

Weaknesses in the government's proposed open banking implementation plan could spark a “scaremongering” campaign, a fintech has warned.
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NAB chief tells inquiry banks started 'drifting' from customers 20 years ago

The National Australia Bank chief executive, Andrew Thorburn, has conceded that problems began seeping into the country's banking industry two
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Building a sustainable future

As we work to achieve our goals, we will continue to engage with our stakeholders including governments, policymakers, businesses, other banks and
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SA banking business reflects tough operating environment

JOHANNESBURG – Standard Bank delivered “unexciting” headline earnings per share (Heps) for the nine months to September of 4 percent on a
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Charlotte's largest conventional mortgage lenders

This is a list of the Charlotte area's largest conventional mortgage lenders, ranked by conventional mortgage volume in 2017. Information was
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Charlotte's largest FHA and VA mortgage lenders

This is a list of the Charlotte area's largest FHA and VA mortgage lenders, ranked by FHA and VA mortgage volume in 2017. Information was obtained
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Cash Overflow: What's Driving Markets and What's Causing Concern

Cash Overflow: What's Driving Markets and What's Causing Concern

Betancourt joined Garrett Bjorkman, a product manager at CIM Mortgage Trust, and Kurt Stuart, the head of Chase Commercial Term Lending on the
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School banking spotlight

THE financial regulator will review banking programs in primary schools, amid calls by consumer groups for Australia's largest bank to stop using
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China's outstanding individual mortgage loans +17.9 pct y/y at end-sept

BEIJING, Oct 19 (Reuters) – China's central bank said on Friday that outstanding individual mortgage loans had risen 17.9 percent year-over-year by
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How local retail dev. is shifting in the Internet age – by Ken Ryvicker

How local retail dev. is shifting in the Internet age – by Ken Ryvicker

According to Keypoint Partners' Retail Real Estate Trends and Analysis 2018, “Amazon proof” tenants–from trampoline parks to movie theaters–are
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Fiona Kelly reveals how a dramatic lifestyle change helped pay off her $317k mortgage in just eight …

But instead of living in her new property, Fiona put her home on the rental market to make an income, and assist with repaying the $317,000 mortgage.
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Honeywell International Inc. (HON) Shares Sold by BB&T Corp

HSBC downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $162.00 price objective on the stock. in a report on Tuesday
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Baxter International Inc. (BAX) Showing Sign Of Heavy Institutional Buying?

Baxter International Inc. (NYSE:BAX) enjoyed a 15.87% run-up in share price since hitting record low of $62.52. The stock managed 0.95% rise and
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Here's how Charlotte lost more than 1000 good-paying jobs to South Carolina

North Carolina offered millions of dollars in incentives to retain a Charlotte mortgage company that eventually chose to relocate to South Carolina,
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Raymond James & Associates Purchases 11236 Shares of Triton International Ltd (TRTN)

A number of other large investors also recently modified their holdings of TRTN. Wells Fargo & Company MN grew its position in Triton International by
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Yara International ASA ADR (YARIY) CEO Svein-Tore Holsether on Q3 2018 Results – Earnings …

In a supply-driven market, buyers have a tendency to wait to buy later rather than early to a situation right now where there's a strong interest in buying
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Loft-style apartments proposed for outdated Morristown buildings

MORRISTOWN — An upscale four-story, 28-unit loft-style apartment building is proposed for Schuyler Place where a barber shop and title company
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Thursday 10/18 Insider Buying Report: ALLO, RPM

And at RPM International ( RPM ), there was insider buying on Monday, by Director John M. Ballbach who bought 3,360 shares at a cost of $59.53
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