Ex-bank CEO sentenced to 4 years, $137 million restitution

Ex-bank CEO sentenced to 4 years, $137 million restitution

The former president and CEO of a shuttered Oklahoma bank has been sentenced to four years in a federal prison and ordered to pay more than $137
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Edison International (EIX) Shares Bought by Macquarie Group Ltd.

Macquarie Group Ltd. raised its stake in Edison International (NYSE:EIX) by … provider's stock valued at $135,000 after buying an additional 1,749 shares in the last quarter. … Edison International stock opened at $59.64 on Monday.
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Health Care Stocks Down After Federal Judge Rules Affordable Care Act Is Unconstitutional

Hospital and health care stocks are being sold in the wake of a federal judge's Friday ruling that the Affordable Care Act is unconstitutional. Traders
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Will New York Legalize Weed? Andrew Cuomo Is Lending His Support To This Cause

During the midterm elections, a few states voted to include some level of acceptance of marijuana into their state laws, a major step in the movement to
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Ameris Bancorp agrees to buy Fidelity Southern Corp. for $751 million in stock

Fidelity Bank is not affiliated with Jacksonville-based title insurance company Fidelity National Financial Inc. Ameris has a total of 129 branches in
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US homeless count up slightly, but declines in key cities

Last year, for instance, Los Angeles voters approved $1.2 billion to build 10,000 units of affordable housing over a decade. Local officials there also
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It's Again Time To Consider Weatherford International plc (WFT), Frontier Communications …

The equity price sank -16.21% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance
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2 Former Associates of Michael Flynn Accused of Lobbying For Turkey

Two associates of former National Security Adviser Michael Flynn were charged by federal prosecutors with acting as agents of a foreign government
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Jack in the Buyout Box

Jack in the Box Serves Itself Up for Buyers – Bloomberg … Bloomberg Opinion · Sign In …. She previously wrote an M&A column for Bloomberg News.
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Global Real Estate Software Market 2018 Opportunities: Accruent, Yardi Systems, RealPage and …

International Real Estate Software market report supplies an extensive research-based analysis of industry together with the industry share, prediction
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Look back: High-end real estate deals from May through November

In the coming week Business First will take its annual look at what has transpired in the residential real estate market over the past year. The trend in
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EagleBridge Arranges $25.15 Million Financing for Downtown Providence Apartments

BOSTON–EagleBridge Capital, has arranged construction/permanent mortgage financing in the amount of $25,150,000 for Chestnut Commons
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Mortgage REITs taking no heart from declining rates

The mortgage REIT sector might seem to welcome what could be at least the temporary end of the Fed's rate hike cycle. Not today, though. With the
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Capital World Investors Sells 519300 Shares of Flexion Therapeutics Inc (FLXN)

Capital World Investors trimmed its position in shares of Flexion Therapeutics Inc (NASDAQ:FLXN) by 18.1% during the 3rd quarter, according to its
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How Movie Theaters and Real Estate Are Changing Going Into 2019

How Movie Theaters and Real Estate Are Changing Going Into 2019 … to TheStreet about the outlook for the theater sector and real estate going into
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Prosecco Tops Champagne as the Best-Selling Sparkling Wine By Volume

Prosecco is now the best-selling sparkling wine in the world by volume. The popular Italian white wine and holiday favorite has sales now growing to a
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A C-Suite Job Opened Up. Do You Have Any Women To Recommend?

In fact, one male Fortune 100 CEO gave me his initial recommendation, and upon further reflection, came back with a second name later in the day.
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Loan Limits Rise, Stock Market Falls – Market Update

Turning to the metropolitan level, Boston is a hot housing market right now. Appraisals came in 2.92% above homeowners' estimates. Chicago is at
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housing market bubble

A recent CPA Canada study finds that Canada's housing market is different and likely more resilient than it might first appear. Tags: Canada, · Canada
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KKR's New Global Impact Investment Strategy

… public affairs and co-head of global impact, discusses the firm's approach to impact investing with Bloomberg's Jason Kelly on “Bloomberg Markets.
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State Street store space fetches $26 million

State Street store space fetches $26 million

Thor Equities Group sold a two-level retail space at the northwest corner of State and Monroe streets to Jenel Real Estate in a $26 million deal,
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Alexandria Real Estate: The Boring Company That Outperformed Buffett

Alexandria Real Estate does not look cheap on many valuation measures, but once its business model is understood, shares look a lot more attractive.
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2019 FHA loan limits are higher in many locations

Note that these FHA loan limits are just 65 percent of conforming loan (Fannie Mae and Freddie Mac) loan limits. So if you need to spend more in a
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FHA increases loan limits in most counties

… limits based on the limits established by the Federal Housing Finance Agency for conventional mortgages owned by Fannie Mae and Freddie Mac.
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Housing activity possibly on the verge of a slowdown: BuildFax

… mention systemic factors, like rising mortgage rates, that influence consumer behavior,” BuildFax Chief Operating Officer Jonathan Kanarek said in a
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Housing market is healthy in South Florida

Despite marked fluctuations and some ominous signs, the housing market in Miami-Dade and Broward counties appeared relatively healthy during
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Flynn's Work for Turkey Laid Out in Charges Against Two Others

Michael Flynn's cooperation with Special Counsel Robert Mueller led prosecutors to charge two Flynn associates over their work on behalf of Turkey,
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Palestinian Negotiator: White House Needs Statesman, Not Real Estate Agents

White House senior adviser Jared Kushner doesn't have a great rapport with Palestinian chief negotiator Saeb Erekat — at their last meeting in Qatar
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Why this bankers' bank is throwing in the towel

The $42 million-asset correspondent bank is voluntarily liquidating and dissolving itself. Shareholders voted to call it quits after the bank was unable to
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It appears Orlando's housing market is getting slightly less shitty

Right now, we're far from a buyer's market, but even a slight chill to Orlando housing market is good news for anyone even remotely thinking about
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Main Street Is Getting Hooked on Leverage

… a financial-industrial complex rapidly approaching $1 trillion. Bloomberg's Sally Bakewell has more on “Bloomberg Markets.” (Source: Bloomberg)
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We have the votes to pass marijuana banking bill: Colorado's Sen. Gardner

Sen. Cory Gardner of Colorado told Bloomberg News on Monday morning that his cannabis banking bill has the votes to pass the Senate. [Farm bill
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BERKADIA ADDS DORI NOLAN AS SVP, NATIONAL CLIENT SERVICES FOR INVESTMENT …

Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia
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P2P Platform Robo.cash Adds First Southeast Asian Lender

Robo.cash, a peer to peer lending company with a portfolio of platforms, says it has been joined by its first lending company in Southeast Asia
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Philly's 10 Biggest Commercial Real Estate Stories Of 2018

As the year 2018 draws to a close, we at Bisnow are looking back at the moments that defined the year in real estate for the Greater Philadelphia
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Home sales set to fall to nine-year low in 2019, CREA projects

“In 2019, home sales activity and prices are expected to be held in check by recent policy changes from different levels of government, in addition to
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FHA commissioner to serve as HUD's acting No. 2

WASHINGTON — Brian Montgomery, commissioner of the Federal Housing Administration, will serve as the acting No. 2 of the Department of Housing
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Land Bank Revenues Continue to Climb

Historically, land bank revenues have followed an eight-year cycle of growth and decline that often mirrors current real estate trends and can serve as
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Henry James International Management Inc. Buys New Stake in Toronto-Dominion Bank (TD)

Henry James International Management Inc. bought a new position in shares of Toronto-Dominion Bank (NYSE:TD) (TSE:TD) during the 3rd quarter,
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As Agios Pharma (AGIO) Valuation Declined, Holder Sivik Global Healthcare Decreased Position …

Some Historical CSX News: 23/04/2018 – DOT STB: Case Title: CSX TRANSPORTATION, INC.–ABANDONMENT EXEMPTION–IN RALEIGH
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Clark County housing market sees normal November cooling

Clark County housing market sees normal November cooling

Clark County real estate activity slowed down in November, according to the latest numbers from the Regional Multiple Listing Service's Market Action
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Why and When Australian Housing Market Could Bounce Back

The doom and gloom surrounding the Australian housing market is immense, so given our contrarian tendencies at Markets & Money, today we will be
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Carnegie Library, Google team up for laptop lending program

The Carnegie Library of Pittsburgh and Google announced a Wi-Fi hotspot and laptop lending and training pilot program Monday. Grow With Google
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Is Buying Logitech International SA – Registered Shares (NASDAQ:LOGI) Here Good Idea?

Investors sentiment increased to 1.29 in Q3 2018. Its up 0.32, from 0.97 in 2018Q2. It increased, as 7 investors sold Logitech International S.A. shares
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Freddie Mac Structured Pass-Through Certificates (SPCs), Series K-086 — Moody's assigns …

Rating Action: Moody's assigns provisional ratings to seven CMBS REMIC classes of FREMF 2018-K86 and five SPC classes of Freddie Mac SPCs,
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Corelogic (CLGX) Shares Declined While Her Majesty The Queen In Right Of The Province Of …

… Mtg [Reg]: Freddie Mac to Tap CoreLogic's Sam Khater as Chief Economist; 13/03/2018 – CoreLogic Reports Early-Stage Delinquencies Increased
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Biotech real estate titan's company sues son over company trademarks

Alexandria Real Estate Equities filed a lawsuit claiming that Steven Marcus, the son of company founder and Executive Chairman Joel S. Marcus,
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Marijuana Merchants Have Something to Learn From Tide Pods

But hours after Bloomberg News inquired about the pitch, the company deleted the reference to marijuana. Zip-Pak hasn't “marketed or developed
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What Assets Move Most on Trump Legal News?

Guests respond to today's MLIV Question of The Day, “what assets move most on Trump legal news?” (Source: Bloomberg)
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Grand County real estate transactions, Dec. 9-15

Transactions from Dec. 9-15, 2018. SEC 22 TWP 3N R 76W Partial Legal – See Document – Robert and Renee Calkum to Carrie Lousberg, $382,500.
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Finance sector workforce continues to shrink, as internet banking takes off

While the construction and healthcare sectors are crying out for staff, the number of jobs in the financial sector continues to shrink, national statistics
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Online classifieds portal Quikr acquires India Property to expand its real-estate vertical

Large-scale, cross-category online classifieds business Quikr announced the acquisition of Chennai-based real-estate platform India Property Online
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Inside Business Commercial Real Estate

SALES. S. L. Nusbaum Realty Co. COVA Acquisitions One LLC has purchased the 173,199-square-foot Hampton Plaza Shopping Center at 4019 W.
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Wilson Bank & Trust mortgage division is now a Fannie Mae-designate lending operation

The Fannie Mae designation enhances the bank's mortgage product offerings, and allows WBT to use its capital markets to deliver mortgage loans to
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Sen. Cory Gardner Supports Marijuana Banking In New Bill

DENVER (CBS4)– Colorado's Sen. Cory Gardner is pushing for the marijuana industry to be allowed to open bank accounts. The bill would apply to
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Arbor Originates $10.4M Refinancing for Single-Family Residential Portfolio in New Jersey

NEW JERSEY — Arbor Realty Trust has originated a $10.4 million loan through Freddie Mac for the refinancing of New Jersey SFR portfolio, a 78-unit,
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M&G Real Estate pays AU$109.5m for 25% stake in North Sydney office

M&G Real Estate has expanded its portfolio in Australia with the acquisition of a 25% stake in a 25-storey office property in North Sydney for
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Post-crisis regulation could be detrimental for repo and sec lending

Post-crisis regulation requires further evaluation as it could be detrimental for repo and securities lending markets, according to a Global Financial
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Houston's Commercial Real Estate Market Still Recovering From Oil Downturn

Eli Gilbert, director of research at commercial real estate firm JLL in Houston, said this has to do with oversupply and jobs lost during the downturn.
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Freddie Mac Prices $1.1 Billion Seniors Housing Multifamily K Certificates

MCLEAN, Va., Dec. 17, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through
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Real estate nightmares and Sydney strata disputes — what happens when your neighbour is a bully

Real estate nightmares and Sydney strata disputes — what happens when your neighbour is a bully

A small space of common property in a yard became the subject of endless disagreements, as did the family's request to put up a fence for safety and
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Choices must be made to create vibrant and sustainable futures housing market

NORTHERN Ireland has had something of a steep learning curve when it comes to the housing market, a matter that has been reflected on this year,
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China Lending (NASDAQ:CLDC) and SWK (SWKH) Critical Survey

SWK (OTCMKTS:SWKH) and China Lending (NASDAQ:CLDC) are both small-cap finance companies, but which is the superior investment? We will
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Frandsen Bank CEO takes new role after 30 years at helm

Rich Hoban, CEO of Frandsen Financial and its Frandsen Bank & Trust subsidiary, said he will step down this month after 30 years as CEO of the bank
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'A Piece of Intellectual Property,' Juice, the Four-Legged Film Star, Cloned by Chinese Biotech …

A dog famous for Chinese film and television may continue his career even after he dies, now that his master has made a clone of the four-legged star,
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S. Korean banks' mortgage lending rates touch three-year high

South Korea's mortgage-backed lending rates have hit the highest level in more than three years as local banks marked up loans after the central
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US Stocks Fall to 14-Month Low as a 'Santa Rally' Is Looking Less Likely

U.S. stocks took another beating Monday with the Dow Jones Industrial Average falling more than 500 points and the S&P 500 Index dropping to its
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The Future is Tuesday: Bezos, Musk, Boeing, and France to Launch Rockets Into Space

The stars are aligning for Tuesday to be quite the bookend to a transformational year for commercial space exploration. Four different companies have
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Trump Tries to Halt Subpoenas for Tax Returns and Revenue Information in Anti-Corruption Case

The Justice Department asked an appeals court Dec. 17 to halt an anti-corruption lawsuit against President Donald Trump before tax returns and
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Real estate advice from Rachel Major

GRAND RAPIDS, Mich. (WOOD) – People are making a lot of big purchases this time of year, but we know the biggest, and possibly most important
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Stock Under Review: CAI International (NYSE: CAI)

Growth in EPS is an important measure of administration performance because it shows how much money CAI International is making for it's investors
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California Abandons Its Plan to Tax Text Messages Following FCC Ruling

California withdrew a controversial proposal to impose a tax on text messages after a Federal Communications Commission vote classified texts as an
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Forward Features Schedule For 2019

Trusts, foundations and other wealth structures – a look at trends, new … Real estate investing – new trends, structures (use of listed vehicles, direct
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5 Things We Can Learn From Ontario Real Estate In 2018

It's been quite the year for the housing market in Ontario, from sales and price fluctuations to supply concerns to rising housing costs. As 2019
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Washington Savings Bank names Chris Kabbes Vice President of Lending

Washington Savings Bank is excited to welcome Chris Kabbes to our management team as Vice President of Lending. Chris joins us with 22 years of
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Famed Miami real estate developer feels 'vindicated' after judge throws out lawsuit

A Miami-Dade Circuit Judge on Monday summarily dismissed a lawsuit against real estate developer Edgardo Defortuna that accused him of
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Plaza Home Mortgage reveals new corporate identity

Plaza Home Mortgage, a wholesale and correspondent mortgage lender, has unveiled its new corporate identity and tagline: Here for You.
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House prices will stagnate in 2019 as sales fall, Rics says

House prices will stagnate in 2019 and the number of sales fall as a mixture of Brexit and affordability constraints takes its toll on the property market,
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Ex-president of only bank charged with fraud in US crisis bailout program gets 6 years prison

WILMINGTON, Del. — The former president of the only financial institution criminally charged in connection with the federal bank bailout program was
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Taron Egerton, Mark Hamill, more lending voices to Netflix's 'The Dark Crystal' series

Netflix has just unveiled the star-studded voice cast for The Dark Crystal: Age of Resistance! Find out who will be starring in the upcoming series below
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China Mutual Fund Closures Hit Record on Shadow Banking Purge

China Mutual Fund Closures Hit Record on Shadow Banking Purge

More than 600 funds have been closed this year, surpassing all liquidations in the previous 12 years combined, data compiled by Bloomberg show.
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US Homebuilder Confidence Unexpectedly Slumps To Three-Year Low In December

The report said the NAHB/Wells Fargo Housing Market Index dropped to 56 in December after tumbling to 60 in November. Economists had expected
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Mortgage rates today, December 17, 2018, plus lock recommendations

Average mortgage rates today are nearly unchanged from yesterday. The only report we have is the National Association of Home Builders (NAHB)
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CAP COM targets local heroes with mortgage program

In less than six months, CAP COM Federal Credit Union in Albany, N.Y., has already funded dozens of loans through a mortgage program for military
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Instagram Was Bigger Russian Election Tool Than Facebook, Senate Report Says

Facebook Inc.'s Instagram played a much bigger role in Russia's manipulation of U.S. voters than the company has previously discussed, and will be a
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Are Muslim-owned accounts being singled out by big banks ?

Two days before a trip back to the Middle East to visit elderly parents this summer, Rami Abboud was interrupted by an assistant. Bank of America was
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Wintrust Expands ABL Services with Accounts Receivables Finance Group

Wintrust announced the expansion of its asset-based lending group, Wintrust Business Credit, with the addition of a specialized team focused on
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This map shows how much it costs to own a home in every US state

Their homes are worth a median $217,600, and those with a mortgage spend a median $1,500 per month on housing costs. Where you live makes a
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Investors still spending on student housing

On average, student housing properties still have few empty beds and rents continue to grow. However, the markets around several universities are
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Stock Have a Latest Story: Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN)

Stock Have a Latest Story: Agellan Commercial Real Estate Investment … Low readings and you have a trading range or the beginning of a trend.
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Coalition 'to go easy on lending constraints'

The scandal-plagued banking sector is likely be spared tough constraints on its ability to lend as part of a Morrison government response to the royal
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Why rate hike could be RBA's biggest dilemma

“Typically in such circumstances, the RBA would cut interest rates to support the economy, making mortgages more affordable and luring buyers back
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10 Cities With the Most Homes Under $200K—You Won't Believe Where They Are

Atlanta's real estate market has gone gangbusters over the past several years, and the entry-level segment shows no sign of slowing down. Regular
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Your High-Tech Car Is a Magnet for Hacking

“We have entire systems and organizations at Uber that are able to detect this kind of fraudulent activity,” Uber told Bloomberg News in a statement.
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Strict lending rules dampen land sales in SEQ

The increased scrutiny on home loan applications has taken its toll on residential land sales volume, particularly in South East Queensland. According
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BIS Quarterly Review, December 2018

BIS Quarterly Review for December 2018: Yet more bumps on the path to normal – Special Features: The geography of dollar funding on non-US
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Be Ready for Active Stock: Crombie Real Estate Investment Trust (TSX:CRR.UN)

Be Ready for Active Stock: Crombie Real Estate Investment Trust … Most popular methods for gauging market sentiment is to take a look at the
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RBNZ wants big four banks to 'stand on their own in New Zealand'

Reserve Bank of New Zealand governor Adrian Orr told a group of CEOs in Auckland two weeks ago that his review of bank buffers had determined
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US Student Loan Debt Sets Record, Doubling Since Recession

While the New York Federal Reserve has data through September, Bloomberg securitization records provide two additional months of data and add
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NorthStar Realty Europe Corp. (NYSE:NRE) Files An 8-K Completion of Acquisition or Disposition …

Simultaneously with the completion of the closing, the Company prepaid and terminated the mortgage financing of $375 million (based on the
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Capital World Investors Acquires 1958712 Shares of Alibaba Group Holding Ltd (BABA)

Capital World Investors Acquires 1958712 Shares of Alibaba Group Holding Ltd (BABA)

Capital World Investors lifted its stake in Alibaba Group Holding Ltd (NYSE:BABA) by 13.3% in the third quarter, according to its most recent Form 13F
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Canadian Economy More Dependent On Housing Than 'At Any Other Time On Record'

Many in Canada's real estate industry have recently declared that Canada's housing markets have achieved a “soft landing” after the slowdown earlier
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FRG congratulates First Atlantic Bank, Energy Bank for successful merger

The Financial Reforms Group (FRG), a financial watchdog group monitoring the banking reforms project by the Bank of Ghana, has congratulated First
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Homebuilder confidence hits 3-year low

“This housing slowdown is an early indicator of economic softening, and it is important that builders manage supply-side costs to keep home prices
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How Open Banking Opens Doors For Alternative SMB Lenders

Mercator Advisory Group data released earlier this year found that 27 percent of small businesses in the U.S. have already used an alternative lending
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Big Money Are Buying Philip Morris International Inc (NYSE:PM), Sentiment at 0.85

In 2018 Q3 Philip Morris International Inc (NYSE:PM) big money sentiment increased to 0.85, revealed SEC filings. That's up 0.04, from 2018Q2's 0.81.
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Record year for securities lending revenues

End-of-year reports this month are expected to reveal that asset managers and banks made $10 billion through securities lending. The first half of the
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Bank CFOs Are Embracing The Digital Future

In many ways, these are good times for banking CFOs. Their knowledge and expertise are in great demand throughout the organization, and CEOs
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Can China Boom for 40 More Years? Those Who Lived It Aren't Sure

… pharmaceutical researcher in Chengdu, said he's “disgusted” by the government's crackdown on free speech and hasn't watched the news in a year
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Eligibility Requirements For A HECM Borrower And Measuring Available Credit

The principal limit represents the credit capacity available with a HECM reverse mortgage. We need to understand how to calculate the initial principal
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Goldman Sachs Faces First Criminal Charges in 1MDB Scandal

“Their fraud goes to the heart of our capital markets,” Malaysian Attorney General Tommy Thomas said in a statement in announcing the charges on
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OPEC's Oil Dominance Takes a Back Seat to Russian Control

OPEC's signs of weakness came into focus at its most recent OPEC+ meeting as Russia took charge in hammering out an oil production cut
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Not Sure About 2018 Santa Rally? Buy 5 Low P/E Momentum ETFs

Most of the global markets have skidded in 2018. Even the start of December has not been smooth for Wall Street with SPDR S&P 500 ETF (SPY
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Donate to Children in Need at First Security Banking

If you're looking to help out this Christmas season, you can donate gifts to foster children in need through First Security Banking. Starting today, you
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Open Lending and AUTOPAY Form a Strategic Partnership to Say YES to More Automotive Loans

AUSTIN, Texas, Dec. 17, 2018 /PRNewswire-PRWeb/ — Open Lending, LLC, is pleased to announce its partnership with AUTOPAY to jointly make the
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How Donald Trump Got Caught in a Legal Vise

… Post, the Associated Press, and Bloomberg News have already noted – that few of the worlds Trump inhabits have escaped prosecutors' attention.
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Banks Are Getting Cold Feet Over Lending Amid Recession Fears

After shares in U.S. banks hitting a 15-month low with their stocks officially in bear market territory, financial institutions are getting cautious.
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Europe's Retail Apocalypse Spreads to Online From Stores

The news dragged down other online retailers like Boohoo Group Plc and … the notes were sold in 2014, according to data compiled by Bloomberg.
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EU watchdog orders banks to up Brexit communication

The EU's top banking regulator has criticised lenders for not giving customers enough information about how Brexit could affect their services, but
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Equifax launches soft credit checks for multifamily industry

Credit reporting agency Equifax announced Monday it will allow landlords to check prospective tenants' credit without it affecting their credit score.
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Cabinet approves amendments to make Aadhaar voluntary for phones, banking

Cabinet approves amendments to make Aadhaar voluntary for phones, banking

The Cabinet on Monday approved amending the existing laws to provide legal backing for seeding of biometric ID Aadhaar with mobile numbers and
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Low inventory fueling ABQ home prices

Home prices in Albuquerque continue to rise, thanks to historically low inventory, according to the latest report from the Greater Albuquerque
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Iowa Republicans Would Welcome Challengers to Donald Trump, According to New Poll

President Donald Trump appears to have a clear path to victory in the Iowa caucuses. But Iowa Republicans don't necessarily want it to be easy for
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Fitbit Versa and Ionic Smartwatches Get Lots of New Fitness Apps

Snowboarders, skateboarders, and skiers will have an easier time tracking their activities using Fitbit's updated smartwatch software out on Monday.
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Ukraine: "Synthetic" Loans As New Financing Instrument On Ukrainian Market

Simultaneously with the disbursement of the loan, the lender usually enters into a risk-hedging arrangement (most commonly, a non-deliverable
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Not Even Hindsight Could Have Helped You Make Money This Year

Every December, I visit the managers at Hindsight Capital LLC, an imaginary hedge fund that always invests with the best possible strategy for beating
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House prices decline; zero growth expected in 2019: Rightmove

Rightmove's December house price index shows that the property market continues to drop, reporting a 1.5 per cent fall since November, and that the
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This Billionaire Lost $600 Million After Fashion Retailers Tumble

He also owns one-tenth of Zalando SE, whose stock is down 9 percent, chopping another $71 million from his fortune to leave with him with $4.3
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Mortgage rates dip to lowest point in three months

After months of increases, mortgage rates dropped to the lowest point in three months, according to Freddie Mac's market survey. A 30-year fixed-rate
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NYT: Risky mortgages are making a comeback

It's been a tough year for mortgage lenders. With the housing market slowing down and interest rates rising, many are starting to feel the pinch.
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NYT: Risky mortgage loans are making a comeback

It's been a tough year for mortgage lenders. With the housing market slowing down and interest rates rising, many are starting to feel the pinch.
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2 Stocks That Are Just Getting Started: Geron Corporation (GERN), Fortune Brands Home …

The shares of Geron Corporation (NASDAQ:GERN) has been pegged with a rating of Neutral by B. Riley FBR in its latest research note that was
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American International Group Inc. Trims Holdings in Fidelity National Financial Inc (FNF)

American International Group Inc. lowered its stake in Fidelity National … Fidelity National Financial, Inc, together with its subsidiaries, provides title
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If home sales are dropping, why are prices still on the rise?

… still on the rise, according to First American Financial Corp. This not-so-typical scenario can be attributed to one key cause: rising mortgage rates.
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Senior Housing Portfolio Receives $327M Refi

The transaction was originated through Freddie Mac's new Structured Pool Transaction program. The loan will be used to refinance 28 senior housing
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Real Estate News – December 16

Real Estate Group. Debbie Dietmeyer is so excited to announce the opening of her new real estate company, The Grand Valley Real Estate Group,
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Russia's Bid to Help Trump Revealed as Much Wider Than Once Known

Russia's plot to wield social media sites to divide Americans and aid Donald Trump in the 2016 election was even more massive and sophisticated
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FOS levy up £20m as payday lending complaints soar

FOS revealed that complaints about payday and other short-term lending have soared during the current financial year while IT issues at TSB
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Organic food show to attract global retail chains, companies

Organic food will be the focus of the second edition of Indusfood — the government's flagship international food show-cum- reverse buyer seller meet
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LandBank opens lending window to former rebels

Under the MOA, the LBP will lend up to P100,000 to former members of the News People's Army (NPA) in order to fund their livelihood projects, such
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Hot Stocks Report: Vector Group Ltd. (VGR), Fortune Brands Home & Security, Inc. (FBHS)

Hot Stocks Report: Vector Group Ltd. (VGR), Fortune Brands Home & Security, Inc. (FBHS)

Vector Group Ltd. (NYSE:VGR) trading capacity remained 2.86 million shares during the last session. However, the volume average of the last three
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Builder Confidence: Lower Rates Helping With Affordability Concerns

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) is flirting with the danger zone. Although stressing that
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FHA Commissioner Brian Montgomery to serve as HUD acting deputy secretary

Recently resigned Deputy Secretary of the Department of Housing and Urban … HUD's mission,” said Secretary Carson in an email to HousingWire.
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Bitcoin Is in the Doldrums After Hitting an All-Time High a Year Ago

Bitcoin has discovered gravity, after just a year of riding high in the cryptocurrency universe. As of Monday morning, Bitcoin was down 83% to $3,391
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Banking For Marijuana Businesses In Colorado?

Colorado Senator Cory Gardner is introducing an amendment that would allow marijuana businesses to open bank accounts in legal states.
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Late-Cycle Opportunities: Perspectives from the ULI/McCoy Symposium on Real Estate Finance

The clock is still ticking on real estate markets. “We are right at the end of a real estate cycle,” says Bowen H. “Buzz” McCoy, who joined the 25th
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Lending a helping hand—the Pittsburgh Ques' mission

For Anthony Ringgold, seeing the smiles on the faces of those who received a turkey—or for that matter, a complete Thanksgiving meal—never gets
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Donald Trump's Potential Dominican Republic Real Estate Deal May Violate the Constitution …

President's Donald Trump's new real estate deal in the Dominican Republic could, if completed, violate the U.S. constitution's Emoluments Clause,
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Don't Miss to Watch Stock: RioCan Real Estate Investment Trust (TSX:REI.UN)

Don't Miss to Watch Stock: RioCan Real Estate Investment Trust (TSX:REI. … Beta measures the amount of market risk associated with market trade.
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Apple Car Talk Renews After Hiring of Tesla Designer Andrew Kim

… might be up in Cupertino regarding its auto future. The company did not immediately respond to a Fortune request for comment on the Kim hiring.
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HUD continues to report increases in homelessness

Back in 2017, former HUD Secretary Julián Castro said in an exclusive interview with HousingWire that President Donald Trump's budget lacked
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Seven questions real estate agents dread

Signal Contributing Writer. Realtors get all kinds of questions from buyers and sellers, and every once in a while, we get questions that can make us
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Report: Growing housing inventory contributes to home sales increase

In November, growing housing inventory contributed to annual home sales increasing for the second consecutive month, according to the latest
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Sen. Gardener Aims for Cannabis Banking Reforms This Week

Senator Cory Gardener (R-Colorado) is planning to propose a major overhaul to banking rules for state-legal cannabis companies this week, The
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Markets in Correction Mode: Here's What it Means for Banks

We all know that banks' financial performance is majorly dependent on the nation's economic health. Thus, fears of a slowdown in the United States as
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Hyundai's New Car Lets Drivers Use Fingerprints Instead of Keys

Smart keys are so 2018. Starting next year, Hyundai will begin selling cars that drivers can unlock and turn on with the touch of a finger. The South
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Jeff Bridges Will Receive the Cecil B. DeMille Award at the Golden Globes

Jeff Bridges has won at the Golden Globes in the past, but now he's being honored at the big show in a new way. The Hollywood Foreign Press
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A better Deal: Fortune Brands Home & Security, Inc. (FBHS), Hilton Worldwide Holdings Inc. (HLT)

The shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS) went down during the trading session by -$0.57 on Friday, trading at $40.42.
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Jordan Forsythe hoping Crusaders can find second wind in title race

But Baxter and company will have felt a lot better after Forsythe's first half header eased the Crues to their sixth home league win on the bounce.
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Possibility of Quantitative Easing for China Could Boost Real Estate Sector

Speaking at the 2018 ULI China Mainland Winter Meeting in Shanghai, Steven Zhang, chief economist and head of research at Morgan Stanley
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Ranger Direct Lending Fund (RDL) Reaches New 12-Month High at $116.00

Ranger Direct Lending Fund (RDL) Reaches New 12-Month High at $116.00

Ranger Direct Lending Fund PLC (LON:RDL)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as
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Freddie Mac warns housing supply problem is compounding

One of the biggest threats to the U.S. real estate market next year will be a familiar one, according to Freddie Mac economists: a lack of inventory due
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Limit on reverse mortgages will rise in 2019

The federal government has announced it is raising its limit for reverse mortgages in 2019. A single-family homeowner will be able to receive a
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TIAA Says: Go Direct To Real Estate

To enhance diversification, reduce volatility and improve risk-adjusted returns, global investment manager Nuveen is using direct real estate in its
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Mortgage Lenders Discriminate Against Mothers on Maternity Leave

Complainant applied for a mortgage with Primary Residential Mortgage, Inc. Complainant was on extended maternity leave because of complications
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Canadian home sales slide for a 3rd month in a row: CREA

WATCH: What's in store for the housing market in 2019? Erica Alini looks at what buyers and sellers should keep in mind.
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UAE banks mull blockchain adoption

The CEOs Advisory Council of the UAE Banks Federation (UBF) held its fourth meeting this year on Monday to discuss and review the progress of
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Home Sales vs. Mortgage Rates

Fleming indicated that higher mortgage rates are likely to affect both housing supply and demand. “Current homeowners and prospective home
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Housing prices up in Kazakhstan

Baku, Azerbaijan, Dec. 17. By Rashid Shirinov – Trend: Prices in the secondary housing market of Astana increased by 11.3 percent year-on-year,
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Fannie Mae unveils new form of credit insurance risk transfer for multifamily loans

Fannie Mae announced Monday that it completed its first-ever multi-tranche Credit Insurance Risk Transfer transaction, transferring risk on $10.9
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HUD's Carson to Helm New Development Council

President Trump has named Housing and Urban Development Secretary Ben Carson as the chairman of the newly-created White House Opportunity
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How SA's new banks are shaking up the market to benefit customers

The past year has been momentous for the banking industry as the regulator opened the market for competition leading to new entrants, which are
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Trade Groups Seek Assistant HUD Secretary Confirmation

… Housing, Manufactured Housing Institute, Mortgage Bankers Association, National Association of Realtors and National Reverse Mortgage Lenders
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A Point Investors Can't Afford To Forget: Restaurant Brands International Inc. (QSR …

Restaurant Brands International Inc. (NYSE:QSR) dipped by -8.59% over the past three months which led to its overall six-month decrease to stand at
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Credit unions won't soon forget 2018 – because the banks won't let them

Plenty happened in 2018 to make credit unions eager to ring in the New Year. To be sure, there were some positives for the industry – continued
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The Ledger: Waiting for Apple's Blockchain, the Crypto Czar and More Basis Fallout

Meanwhile, the company has worked behind the scenes with news outlets like Fortune and the New York Times to ensure they can accept the Apple
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Rays' real estate report reveals more potential Ybor City plans

The report by RCLCO Real Estate Advisors details growth and development opportunities around Ybor City, including a possible new hotel,
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Goldman Expects Moderate to Low Risks on Leveraged Loans, CLOs

Risks to financial stability from leveraged-loan and collateralized-loan-obligations markets pose just a moderate risk to financial stability, and the
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Schlumberger Limited. (SLB) Given Average Recommendation of “Buy” by Analysts

(NYSE:SLB) have received a consensus recommendation of “Buy” from the … Capital International Investors boosted its holdings in shares of
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JMP Securities Raises Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Target Price To …

JMP Securities maintains Oaktree Specialty Lending Corporation (NASDAQ:OCSL) at Market Outperform rating, while revising the price target.
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Mixed Analyst Attention: Host Hotels & Resorts, Inc. (HST), Johnson Controls International plc (JCI)

Mixed Analyst Attention: Host Hotels & Resorts, Inc. (HST), Johnson Controls International plc (JCI)

Goldman advised investors in its research note published on June 11th, … Controls International plc stocks are owned by institutional investors and
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Obamacare Architect Reacts to Federal Judge Ruling ACA Unconstitutional

Ezekiel Emanuel, chairman of the University of Pennsylvania's Medical Ethics and Health Policy Department and former White House health policy
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New York Governor Andrew Cuomo Calls for Legalizing Marijuana Among His Priorities

New York Governor Andrew Cuomo wants to legalize marijuana. In a speech on Monday outlining his priorities for the first 100 days of his third term in
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Bucking the trends: McIntyre Property

Col was in real estate for nearly a decade before he took the plunge and opened McIntyre Property in 2007. He carved out a career in the industry
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Hispanics are a growing demographic in real estate sales

In our Real Estate Minute, Realtor Elias Acuna from the Realtor Association of Pioneer Valley joins us to discuss the impact of the growing Hispanic
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Many Smaller Banks Getting Hurt By Rising Interest Rates

The rising interest rates are impacting many “smaller” U.S. banks, reducing their net interest margins and exposing the some of the weaknesses in the
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Fauquier County real estate transfers for Dec. 7-13

The Fauquier County Circuit Court clerk's office recorded these real estate transfers Dec. 7-13, 2018: Cedar Run District Eleanor V. and Andrew L.
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Prime Lending: Buying a House in the Country

Have you dreamed of living in the country? Prime Lending's Sandra Chiodo stopped to tell us what we need to know to make that dream a reality.
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Google Assistant Can Tell You If Your Flight Will Be Delayed With 85% Confidence

Google Assistant can now notify you if it thinks your flight will be delayed, even before the airline even announces it. Using historic flight status data
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TPG Specialty Lending Inc (TSLX) Position Lowered by Northern Trust Corp

Northern Trust Corp reduced its position in shares of TPG Specialty Lending Inc (NYSE:TSLX) by 61.2% in the 2nd quarter, according to the company
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Local Realtor appointed president of Colorado Residential Real Estate Council

Monica D. Anderson, CRS, has been selected as the 2019 President of the Colorado Residential Real Estate Council, a not-for-profit affiliate of the
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Capital International Investors Takes Position in USA Technologies, Inc. (USAT)

Capital International Investors purchased a new stake in shares of USA Technologies, Inc. (NASDAQ:USAT) in the 3rd quarter, according to the
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Impressions: Forza Horizon 4's Fortune Island DLC is content light, but a promising start

Turn 10 Studios and Playground Games recently launched the Fortune Island DLC, the first major expansion pack for Forza Horizon 4. Fortune Island
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Platform cuts rates on 95% LTV mortgages

The 95% LTV mortgage range includes two and five-year fixed rates at 3.29% and 3.39% respectively. The full range of 95% LTV mortgages comes
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Rising labor costs send the price of house construction skyward

A new analysis of the housing market has found that substantial differences in the price of labor has become the primary reason for stratifying
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Private equity, trade eye Melbourne mortgage aggregator; 333 Capital hired

Melbourne-based Connective may not be a household name, but it claims that one in every nine Australian home loans is written by a Connective
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Brianna Perry Drops "Fortune Cookie" Ft. Offset, Blocboy JB, Gunna & More

Brianna Perry is back with her new project, Fortune Cookie. The project runs for 16 tracks deep and hails some major features from the likes of Offset,
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The Housing Market Is Sliding Down The Wall It Hit In Late August

First, the homebuilder sector has dropped well over 30% since late January. To an extent there may be some seller's fatigue. At some point there will
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raceAhead: When Your Humble Dad's Best Friend is Charles Barkley

As the number of columns winds down toward our collective holiday break, I've decided to devote as much newsletter space as I can spare to affirming
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NY AG Settles with Five Companies on App Data Breaches

New York Attorney General Barbara D. Underwood has reached settlements with five companies stemming from charges that their respective apps
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