What Is The Mortgage Interest Deduction and How Does It Work?

What Is The Mortgage Interest Deduction and How Does It Work?

The mortgage interest deduction allows homeowners to deduct the interest they pay on home loans. Those can be any loans used to buy, build or
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Mortgage Specialist

HSBC Bank (M) Berhad, Selangor, Malaysia job: Apply for Mortgage Specialist in HSBC Bank (M) Berhad, Selangor, Malaysia. Retail Banking jobs
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MBA: Mortgage Applications Drop 5.8%

On an unadjusted basis, the Market Composite Index, a measure of mortgage loan application volume, fell by 7% from the previous week.
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Tremont Mortgage Trust Closes $29.5 Million First Mortgage Bridge Loan to Acquire a St. Louis …

NEWTON, Mass.–(BUSINESS WIRE)–Dec 20, 2018–Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $29.5 million first
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Tampa-Area Community Secures $12M Refi

Berkadia arranged the 12-year, Freddie Mac, fixed-rate loan with full-term interest only, on behalf of the borrower, Capital Pensam. The community is
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American International Group Inc. Boosts Stake in Principal Financial Group Inc (PFG)

Gulf International Bank UK Ltd now owns 96,902 shares of the financial services provider's stock valued at $5,677,000 after buying an additional 3,200
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5 Top Notch mREITs to Outdo Market in '19 Despite Rate Hike

This has most likely impacted the performance of home financing mortgage REITs that have witnessed a decline in total returns of 0.44% as of Nov 30,
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Skewed demand levels hitting Longford's private housing market

The occasion, dubbed 'Stimulating the Private Housing Market in the Midlands' was spearheaded by Longford County Council in a bid to kickstart the
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They help thousands of Americans become homeowners every year. Now they face a test of their …

Like many mortgage professionals, Evans thinks that there's nothing wrong, per se, with many of the decisions that go into financing a home purchase,
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The Basch Report: Ameris moving its bank charter to Atlanta

Ameris and Atlanta-based Fidelity (which is not affiliated with Jacksonville-based title insurance company Fidelity National Financial Inc.) announced
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Macquarie nearing sale of Poland's Gdansk port terminal to SWF-led group: sources

The winning consortium also includes Australian infrastructure group IFM Investors and the world's largest port operator PSA international, two of the
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Weekly Review: Real Estate CEFs – Principal Real Estate Income Fund Trading Near The Previous …

Review of where real estate funds and their benchmarks ended last week. Recap of news related to the group, if any. Comparison of the funds using
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New Riyadh Metro to give Saudi capital's real estate a lift

Completion of the metro project in Riyadh will lift values of commercial and residential real estate in the Saudi capital, especially those in close
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Fidelity fills two counsel positions

Fidelity National Title Group's (FNTG) New Jersey Agency Operations has filled its New Jersey counsel and regional counsel positions, the company
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Homebuyer scammed out of fortune hired by title company

Aaron Cole lost his entire downpayment to scammers, but a deal with his title company will allow him and and his family to move into their new home
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Frank T. Smith of NAI Summit honored as Real Estate Individual of the Year and other hires …

Frank T. Smith. With over 500 attendees present, Frank T. Smith, CCIM, CPM, Principal of NAI Summit, was recently honored as the “Real Estate
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Domain data scientist Dr Nicola Powell analyses the Illawarra property market in 2018, looks …

Although their borrowing capacity has been reduced, 2019 could be a year of “opportunity” for Illawarra buyers, a leading property analyst says.
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US mortgage rates slipped this week

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage fell slightly to 4.62 percent from to
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Three Essential Lessons Anyone Starting Real Estate Brokerage Needs To Know

When you make the move to start a real estate brokerage, there isn't a magical handbook or guide you receive that tells you how to handle every
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Monmouth Real Estate Has Room To Run

Monmouth Real Estate Investment Corporation offers a long-term investment in a mature yet still growing company. The REIT looks to be currently
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A look back at our 2018 real estate predictions

A look back at our 2018 real estate predictions

There's just a bit more than a week to go in 2018, so it's perfectly appropriate to look back and give some further consideration to what's happened
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Capital International Investors Takes Position in International Flavors & Fragrances Inc (NYSE:IFF)

Capital International Investors purchased a new position in shares of International Flavors & Fragrances Inc (NYSE:IFF) during the third quarter,
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Does MS INTERNATIONAL plc (LON:MSI) Have A Good P/E Ratio?

A lower P/E should indicate the stock is cheap relative to others — and that may attract buyers. MS INTERNATIONAL increased earnings per share by
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Canada's housing market correction isn't over, analysts warn

Canada's real estate market will likely see further correction in 2019, as fears of higher interest rates and stress tests continue to weigh on the sector,
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Mhub, Tongdun to co-develop mortgage financing solutions

(From left) Mhub Corporate Finance head Rafidz Rasiddi; Mhub CEO Quek Wee Siong; Tongdun co-founder and partner Jackal Ma; and Tongdun VP
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Gold Star family gets their mortgage paid off by Tunnel to Towers Foundation

Widow of Major Brent Taylor is presented a check by Tunnel to Towers Foundation CEO Frank Siller on 'Fox & Friends.'
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TH Real Estate Provides $135M to Alere Property for 19 So Cal Industrial Properties

TH Real Estate has provided a $135 million fixed-rate loan to Alere Property Group, TH Real Estate announced Dec. 18. The loan is for 19 industrial
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7 predictions for 2019's housing market

The housing market will continue to cool in 2019, as homeownership rates rise and interest rates inch up, according to a new report from real estate
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L&G Home Finance reaches £3bn total lending since 2015 launch

Legal & General Home Finance has reached £3bn of total lending since entering the market in 2015. This follows results in the first six months of 2018,
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Agellan Commercial Real Estate Investment Trust Announces Special Distribution

TORONTO–(BUSINESS WIRE)–Dec 19, 2018–Agellan Commercial Real Estate Investment Trust (the “ REIT ”) (TSX: ACR.UN) announced today that
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Mortgage prepayment rate is lowest in 10 years: Black Knight

Mortgage prepayment speeds fell to their lowest level in 10 years in November as rising interest rates took a toll on origination activity, Black Knight
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Global CCTV Camera Housing Market 2018 (Strategies & Key Players) – SONY, Panasonic …

Global CCTV Camera Housing Market report presents a comprehensive overview of the key drivers influencing market growth, opportunities, the
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Teen Mortgage

… Where to Stay & Eat · Music Hall Information · Join Our Newsletter · Employment · Contact Us. TeenMortgage_web.jpg. Teen Mortgage. Wed, Jan 16
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Connors Investor Services Inc. Trims Stake in First American Financial Corp (NYSE:FAF)

Connors Investor Services Inc. lowered its holdings in First American … The Title Insurance and Services segment issues title insurance policies on
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Mortgage Lenders Say Rates Still Attractive for Buyers

YOUNGSTOWN, Ohio – Even as the Federal Reserve raised short-term interest rates yesterday for the fourth time this year, local mortgage lenders
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INVL Baltic Real Estate investor's calendar for 2019

UTIB INVL Baltic Real Estate plans to publish information to investors in 2019 in accordance with the following calendar: 28 February 2019 – interim
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US Realty News-Freddie Mac Reports 30 Year Mortgage Rates at 4.62 Percent

In a further continuing decline, albeit just a notch, of reported 30 year mortgage rates to 4.62 percent by Freddie Mac, the home mortgage loan market
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What next for the property market in 2019? Experts share their predictions

It's fair to say that the property market has been very lacklustre over the past year. It has been easy to predict what major house price indices will
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Council to consider resolution seeking reimbursement from RTG Medical

While the purchase agreement stated that the $19,660 escrow payment was to be deposited with a mutually acceptable title company within those 120
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Latest housing data portends more positive news in Austin

Barring an unforeseen December collapse in Austin's booming real estate market, 2018 is likely to finish among the city's “highest-grossing years on
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Do You Like Vedan International (Holdings) Limited (HKG:2317) At This P/E Ratio?

Do You Like Vedan International (Holdings) Limited (HKG:2317) At This P/E Ratio?

Vedan International (Holdings) has a P/E ratio of 7.99, based on the last twelve months. That means that at current prices, buyers pay HK$7.99 for
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Alliancebernstein LP Increases Holdings in Oceaneering International (OII)

Royal Bank of Canada set a $27.00 price objective on shares of Oceaneering International and gave the stock a “buy” rating in a research note on
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Capital International Investors Buys 426504 Shares of Waste Connections Inc (NYSE:WCN)

Capital International Investors increased its position in shares of Waste Connections Inc (NYSE:WCN) by 13.0% during the third quarter, according to
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US rate jitters continue to weigh on global stocks

LONDON — Global stock prices fell sharply Thursday after Wall Street … FED WATCH: Investors have had another bout of jitters in what is turning into
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Logistics Aggregator LetsTransport Eyes Foreign Markets With $14 Mn Funding

Logistics Aggregator LetsTransport Eyes Foreign Markets With $14 Mn … from Bertelsmann India Investments, Fosun International and other investors.
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VIDEO: Tourvest Retail Services Cannes overview

… workshops at this year's Tax Free World Association Exhibition in Cannes. The below video featuring Katy Mason, UK Buying Manager & Buyer
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Logitech International SA (LOGI) Holdings Reduced by Compagnie Lombard Odier SCmA

Zacks Investment Research reaffirmed a “buy” rating and issued a $41.00 price objective on shares of Logitech International in a research note on
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When the Dollar Rallies, Here's One Way to Invest Abroad

However, U.S. investors buying foreign securities — whether through a mutual fund or an ETF — need to be aware of the currency risk. Currency risk
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American International Group Inc. Buys 5465 Shares of National Storage Affiliates Trust (NSA)

American International Group Inc. raised its holdings in shares of National Storage Affiliates Trust (NYSE:NSA) by 14.0% during the third quarter,
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Insider Buying: Town Sports International Holdings, Inc. (CLUB) CEO Purchases $37859.38 in Stock

Town Sports International Holdings, Inc. (NASDAQ:CLUB) CEO Patrick Walsh purchased 6,331 shares of the business's stock in a transaction that
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Altria buying 35 per cent stake in e-cigarette company Juul Labs for $12.8-billion

In many ways the company positioned itself as the foe of big tobacco, saying in job postings that it was “disrupting one of the world's largest and oldest
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Bank see rising stress in retail books with LAP, mortgage loans, credit cards spoiling the party: Cibil …

Even as lenders chase opportunities in the retail sector more aggressively, data reveal that delinquency rates have increased in the loans against
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Sound On-Rep. John Garamendi, Gov Shutdown, Foreign Policy

Kevin discussed the latest news on the potential government shutdown, … Bloomberg News Congress reporter, Justin Sink, Bloomberg News White
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TRANSACTIONS: GCP arranges $42M loan in Hempstead, Meridian secures $11.5M mortgage at …

GCP Capital Group arranged mortgage financing in the aggregate amount of … A new mortgage of $11,500,000 was placed by Meridian on an office
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Mnuchin Backs Off Trump's Promise of 10% Middle-Class Tax Cut

“I'm not going to comment on whether it is a real thing or not a real thing,” Mnuchin said in a roundtable interview Tuesday at Bloomberg's Washington
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Steve Mnuchin hints at Fannie-Freddie changes to end US state control

… Congress on freeing Fannie Mae and Freddie Mac from government control … Mnuchin has repeatedly said that addressing Fannie and Freddie is a
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FHFA Scorecard – More General than Aspirational

FHFA Scorecard – More General than Aspirational

FHFA says it will assess Fannie Mae's and Freddie Mac's progress in achieving those goals using several measures. These include the extent to
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Freddie Mac: Mortgage rates cool off

After reaching a three-month-low last week, mortgage rates cooled off further, according to the latest Freddie Mac Primary Mortgage Market Survey.
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NRP Group Secures $29M for San Antonio Development

NRP Group has secured a $29.3 million unfunded forward commitment from Freddie Mac for its forthcoming 330-unit mixed-income project in San
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Mortgage Rates Move Slightly

MCLEAN, Va., Dec. 20, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey
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Warehouse Predictive Products; Vendor News; Rate Hike Squeezing Lenders and Banks

Vendor News. At its national convention, the National Association of Mortgage Brokers (NAMB) announced the launch of its new platform, NAMB
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Affordable housing project for seniors secures $22M for construction

It obtained a $22 million mortgage from Citibank that will be converted to a permanent loan from Freddie Mac upon completion. The city also provided
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Mortgage rates continue their slide, while the Fed raises its benchmark rate

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.62 percent with an average 0.4 point.
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Mortgage rates hit a 3-month low with home buyers biding their time

The 30-year fixed-rate mortgage averaged 4.62% in the December 20 week, mortgage liquidity provider Freddie Mac said Thursday. That was down
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Central Ohio home prices are wrapping up a year of gains

Even as home sales cool down for the winter, 2018 will go down as a year when it got much more expensive to break into the Central Ohio housing
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Berkshire Hathaway Reduces Home Capital Investment

The Toronto mortgage lender was crippled by a sudden exodus of deposits that forced it to borrow high-cost emergency loans. The deposit flight
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Trump Poised to Lift Sanctions on Rusal as Deripaska Cuts Stake

Aluminum markets spun into chaos after the sanctions against the companies were announced, with global prices shooting up as much as 20 percent
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Nigeria Has 20m Housing Deficit, Says Osinbajo

He noted that raising of long term housing bonds and other specialised financial instruments will guarantee provision of affordable housing for the
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Opinion Homebuyers will favor mortgage lenders that embrace technology

More than 3,300 fintech companies have flooded the mortgage space since 2010 to solve industry pain points, and lending by these firms now makes
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Goldman's $1 Trillion Asset Manager Is Betting on Stocks in 2019

“The largest opportunity in our view remains in emerging markets. … to come down to about 9 percent in 2019, according to Bloomberg estimates.
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Powell's Rate Hike May Have Just Cost Trump Another $1 Million

… since his inauguration to $6 million per year, according to a Bloomberg News analysis of the president's financial disclosures and property records.
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Sensato Investors LLC Sells 108920 Shares of Tarena International Inc (TEDU)

Sensato Investors LLC cut its stake in shares of Tarena International Inc (NASDAQ:TEDU) by 27.5% in the 3rd quarter, according to its most recent
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AB InBev Joins Pot Industry With Tilray Beverage Partnership

Budweiser maker Anheuser-Busch InBev SA has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a
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Home Capital stock sinks after Buffett's Berkshire Hathaway cuts bulk of stake

The mortgage lender's shares, which had soared when the buyback was announced in November, plunged on Wednesday, closing at $14, down 15
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Warren Buffett to `substantially exit' Home Capital investment

Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) will substantially exit its investment in Canadian mortgage lender Home Capital
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Halliburton (NYSE:HAL) Shares Bought by Capital International Investors

Capital International Investors increased its holdings in shares of Halliburton (NYSE:HAL) by 62.6% during the 3rd quarter, according to the company
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Reven Housing Reit Inc (NASDAQ:RVEN) Can't Be Less Risky. Short Interest Decreased

Reven Housing Reit Inc (NASDAQ:RVEN) Can't Be Less Risky. Short Interest Decreased

… 2018, also Businesswire.com with their article: “Reven Housing REIT, Inc. Secures $51.3 Million Freddie Mac Financing – Business Wire” published
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Spi Energy CO LTD. – Ordinary Shares (NASDAQ:SPI)'s Trend Unknown, Especially After …

… 2018 as well as Nasdaq.com's news article titled: “Freddie Mac Prices Fourth STACR SPI Deal of 2018 – UPDATE – Nasdaq” with publication date:
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Why Volkswagen Needs to Sell 600000 More Electric Cars Per Year

Volkswagen estimates it must sell 600,000 more electric vehicles per year to meet the drastic new CO2 emissions goals released by the European
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'Unfinished Business': The Struggles of a Shrinking Middle Class

In March 1961, John Davenport, a venerable writer who for years sat on Fortune's erstwhile “board of editors,” wrote a nearly 6,000-word feature for
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Carlos Ghosn May Soon Be Granted Bail but His Problems Are Far from Over. Here's Why

A Japanese court has denied prosecutors' request to continue holding Carlos Ghosn and Mark Kelly in jail while authorities investigate charges of
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American National Insurance Company Has Cut Its Cinemark Holdings (CNK) Position as Shares …

N : CITIGROUP STARTS WITH NEUTRAL; TARGET PRICE $37; 19/03/2018 – GUIDANCE: Freddie Mac SPI1 CRT RMBS via BofAML/Citigroup;
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The Shrinking Middle Class: Tales from New York City

To document the issues facing these workers, Fortune interviewed three full-time, service-class employees in New York struggling to provide for their
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Reven Housing Reit Inc (NASDAQ:RVEN) Sellers Decreased Their Shorts By 83.33% As Of Dec …

The titles are as follows: “Reven Housing REIT, Inc. Secures $51.3 Million Freddie Mac Financing – Business Wire” announced on October 01, 2018,
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How a German Man Wanted His Amazon Data and Got 1700 Alexa Files — About a Total Stranger

Amazon did not immediately reply to Fortune's request for a comment but have told c't that it was an isolated incident caused by human error.
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Trump Supporter Launches $1 Billion GoFundMe Campaign to Finance Border Wall

President Donald Trump may have put aside his threats of a government shutdown over funding for his proposed border wall, but there may be
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Battery Ventures' Chelsea Stoner on Growth Investing In the Time of SoftBank

This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. Earlier this month, French President
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The Shrinking Middle Class: By the Numbers

The American middle-class ideal was forged in the decades after World War II, when economic growth and wage increases climbed in lockstep for
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The Shrinking Middle Class: The Current State of Affairs

As you'll discover in this Fortune special report, life has gotten more difficult for the millions of people within the middle class. We dispatched more than
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As Tyler Technologies (TYL) Share Price Declined, Mutual Of America Capital Management Lifted …

Some Historical DFS News: 14/05/2018 – Freddie Mac: Krenitsky Joins Freddie Mac From Discover Fincl Services; 10/04/2018 – NY DoFS: DFS TO
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FedEx Plunges Most Since 2015 as Forecast Sows Doubts on Economy

FedEx slashed its outlook just three months after raising the view, reflecting an abrupt change in the company's view of the global economy amid rising
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Cagamas combined issuances for 2018 hits RM1.4 bil

Proceeds from the respective issuances would be used to fund the purchases of mortgage loans and Islamic home financing from the domestic
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NASA Says Hackers Stole Employee Information

Gibbs's memo was first published online by Spaceref.com and NASA … are affected by the breach, spokeswoman Karen Northon told Bloomberg.
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EU Unveils 'Essential and Urgent' No-Deal Plans: Brexit Update

As Bloomberg reported on Monday, the concept of a so-called managed no-deal favored by some pro-Brexit lawmakers is not something the EU will
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Why Trump Can't Build His Wall

My Bloomberg Opinion colleague Ramesh Ponnuru on Michael Flynn. 7. And also here at Bloomberg Opinion: Andrea Felsted and Sarah Halzack on
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Top 10 things you need to qualify for a mortgage under tough new rules

A big spending festive season running up credit card bills for gifts, Uber Eats and Uber Rides could jeopardise a home or personal loan under tough
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Have any pending work in bank? Brace for a five-day long holiday from Friday

Have any pending work in bank? Brace for a five-day long holiday from Friday

If you have something very important banking work for which you need to visit the branch urgently, then today may be the best day as banks will
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Jamaica banking cartels

THE EDITOR, Sir: The letter of December 12, 2018 ('Scotiabank withdrawal fee excessive') inferred that the operation of banks in Jamaica are no
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Banking while black: Ohio man who tried cashing paycheck says race led teller to call police

An Ohio bank is apologizing after employees called 9-1-1 to report a black man who was attempting to cash his paycheck. That man, Paul McCowns,
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Which Banks Have Already Integrated Blockchain Technology?

According to the company's analysts, the world banking sector will save up to $20 billion by 2022 via the implementation of blockchain. What does
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APRA to Curb Banks Interest-only Lending Restrictions

As of 1 January, the Australian Prudential Regulation Authority (APRA), the financial regulator is lifting restrictions on interest-only residential lending
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5 Bank Holidays Soon. Let Them Not Ruin Your Christmas, New Year Plans

Before you gear up for your Christmas and New Year celebrations, keep in mind the upcoming bank holidays that may just throw a spanner in your
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India private banking giant sees opportunity in company debt

That will happen as the regulator takes measures that could include additional liquidity or some relaxation of the refinancing window for non-bank
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From banking to pet passports: EU publishes hard Brexit contingency plans

With just 100 days until Brexit on Wednesday (19 December), the EU's executive cautioned that most banking, insurance and other financial firms in
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"Lending a Helping Ham" holiday collection program back at Hunger Task Force

MILWAUKEE — (CBS 58) As Hunger Task Force continues to move through the holiday season at full speed, the Lend a Helping Ham program with
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£3bn lending milestone for Legal & General Home Finance

Legal & General Home Finance has reached £3bn of total lending since entering the market in 2015 and is now responsible for 28% of new lifetime
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Retailers Rejoice: Christmas Shopping on 'Super Saturday' Will Likely Beat 'Black Friday' This Year

According to the International Council of Shopping Centers, 44% of U.S. adults plan to shop for holiday presents or related items on Saturday,
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Banks see rising stress in retail books with LAP, mortgage loans, credit cards spoiling the party …

Delinquencies in home loans, one of the biggest contributors of the ongoing retail lending boom, however is marginal with only a 0.22 percent spike to
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Fed Raises Rates, Turns More Cautious on Outlook for 2019 Hikes

Investors have had a more pessimistic view than the Fed, foreseeing one increase at most in 2019, according to interest- rate futures prices.
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Waves Platform Raises $120 Million for Private Blockchain

The company's own cryptocurrency, known as Waves, jumped almost 50 percent to $3.80 in the past 24 hours, according to CoinmarketCap.com
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Home Capital Group Inc. Update on Berkshire Hathaway Inc.'s Ownership Interest

As part of the loan commitment Berkshire also committed to provide $400 million of equity financing to Home – $153 million with the funding of the
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Insider Buying: Astea International Inc. (ATEA) Major Shareholder Buys 4200 Shares of Stock

Astea International Inc. (OTCMKTS:ATEA) major shareholder David Kanen bought 4,200 shares of the firm's stock in a transaction on Wednesday,
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Fortress broker FFM files for insolvency

FFM was one of three affiliated mortgage brokerage firms that raised funds from the public to finance new real estate development projects
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Blythe Masters and the End of a Blockchain Era

Blythe Masters is stepping down as CEO of Digital Asset Holdings, the blockchain startup she joined to great fanfare in 2015. The former
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McConnell to Offer Stopgap Bill to Avert Shutdown as Trump Fumes

Senate Majority Leader Mitch McConnell said he'll introduce a short-term spending bill Wednesday to avoid a partial federal shutdown and keep the
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It Looks Like Bitcoin Has Found a New Bottom

“The market is extremely oversold by most metrics — near the most oversold in Bitcoin's history,” said Mike McGlone, a Bloomberg Intelligence analyst
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Cubic Asset Management Has Decreased General Electric Company (GE) Holding By $2.23 …

Cubic Asset Management Has Decreased General Electric Company (GE) Holding By $2.23 …

Federal National Mortgage Association Fannie Mae (FNMA) investors … Some Historical GE News: 21/05/2018 – WABTEC – TRANSACTION IS
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Western Asset Mortgage Capital declares $0.31 dividend

Western Asset Mortgage Capital (NYSE:WMC) declares $0.31/share quarterly dividend, in line with previous. Forward yield 13.84%. Payable Jan.
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frog's Global Team Predicts 10 Impactful Tech Trends of 2019

frog's Global Team Predicts 10 Impactful Tech Trends of 2019 … Real estate holders will offer autonomous vehicles (AVs) to make their buildings more
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Federal Reserve raises lending rate; signals slower pace ahead

[WASHINGTON] The US Federal Reserve raised the benchmark interest rate on Wednesday, a move sure to anger President Donald Trump, but it
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2018 Finally Does Something Right: Farm Bill Outlaws Cat and Dog Meat in the US

The 2018 Farm Bill, which has passed Congress and is expected to be signed by President Donald Trump this week, will outlaw dog and cat meat in
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Pat Kinsel

Consumers traditionally pick the lender with the best rate and the lowest payment, but in a competitive marketplace, the customer's digital mortgage
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Bank calls cops on black man for cashing his paycheck

A bank in Ohio called cops on a black man and had him arrested — because … Paul McCowns stopped by the Huntington bank in Brooklyn on Dec.
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December 20, Vallejo A&E Source: Musician finds Fortune in family

Yes, Greg Fortune is the fire prevention supervisor for the city of Napa. He likes the job and it pays the bills. And when you have three teenage
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Lending-store robbery suspect in custody

OTTAWA COUNTY — Police say the suspect in a string of lending store robberies is now in custody. Captain Mark Bennett, of the Ottawa County
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FedEx CEO Fred Smith Blames Trump, Other Politicians for Slowing Economy

FedEx Chief Executive Officer Fred Smith is putting the blame squarely on politicians, including U.S. President Donald Trump, for a gloomy forecast
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Rebound in IO lending 'doubtful' despite cap removal

Speaking to Mortgage Business, AMP senior economist Shane Oliver has dismissed suggestions of a resurgence in interest-only lending, following
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Town of Paradise forgives interest on home loans

If you lost your home in the Camp Fire and have a First Time Home Buyer loan or Home Repair loan through the Town of Paradise, your interest will
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Markets Revolt as Steadfast Powell Downplays Recent Sell-Off

The Bloomberg Dollar Spot Index, which tracks a basket of 10 leading currencies against the dollar, bounced back from as low as 0.4 percent to rise
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Markets Set Expectations for a 'Dovish' Fed Rate Hike

Bloomberg Markets: European Open · Full Schedule. For You; Live TV. NOW PLAYING … Markets Set Expectations for a 'Dovish' Fed Rate Hike
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The Fed Decides (Podcast)

We break down the news and market reaction with Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor
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Russia Embraces Trump's Syria Pullout, Though Some Are Skeptical

“If the Americans really do pull their troops out, I think that would only help stabilize the situation in Syria,” the Interfax news service cited Vladimir
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Trump's Syria Pullout Fuels Confusion With Kurds Left in Lurch

“I want to get out, I want to bring the troops back home, I want to start rebuilding our nation,” Trump said at a news conference at the time. He added
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Gates Among Billionaires Backing Alphabet Energy Spinoff

Michael Bloomberg, majority owner of Bloomberg LP, the parent company of Bloomberg News, is also a Breakthrough investor and Gates is chairman.
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Money lending store robbery suspect arrested in Kent Co.

(WOOD) — Authorities say they've arrested a Wyoming man they believe is responsible for a string of money lending store robberies. The Ottawa
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12 hottest housing markets for millennial homebuyers

LendingTree derived the data by analyzing mortgage requests and offers for borrowers between Jan. 1, 2018 and Nov. 25, 2018. The cities are ranked
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Check-In Time: Rundown Motels Are Becoming Cool Condos, Affordable Apartments

Check-In Time: Rundown Motels Are Becoming Cool Condos, Affordable Apartments

In decades past, these properties, many of which are located on prime … says KC Conway, an economist at the commercial real estate group CCIM … in real estate told her an underused lodge would be coming onto the market, she
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Legal & General Home Finance hits £3bn total lending milestone

This achievement comes on the back of results in the first six months of 2018 which showed lifetime mortgage advances up 23% on 2017 at £521m
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UK Finance predicts dramatic fall in remortgage and product transfer lending in 2020 – exclusive

Overall, UK Finance expects a 12% drop in lending in 2020, with the residential remortgage and product transfer markets down 23% and 25%
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Turkish mortgage lending slumps 86 percent in housing crisis

Turkey's housing market renewed a downward spiral in November as mortgage lending dived 86 percent on an annual basis. Purchases of housing
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K Contemporary brings new stamina to Denver's struggling commercial art scene

No doubt, K is bucking the trend. Denver's galleries are in sharp decline these days, squeezed by rising real estate prices locally and the international
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China shares end at 2-month lows after new lending tool hits banks

Financial sector sub-index -1.1 pct after PBOC unveils targeted lending facility. * SSE 50 index ends at lowest close since May 2017. SHANGHAI, Dec
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Should I Apply for an Online Mortgage?

In the past, if you wanted to buy a house, you had to go through a bank or a lending institution to apply for a mortgage. These days, going through a
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Wallace Promoted to AVP/Mortgage Banking at CNB Bank

In this position, Wallace will oversee the bank's mortgage process to include product development, pricing, underwriting, documentation, funding and
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PBOC's New Lending Facility Echoes Earlier Programs by ECB, BOJ

China's central bank reached into the toolkit of its peers around the world, announcing a new facility to encourage bank lending to companies that
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Banking regulator moves to scrap limit on interest-only home loans

The banking regulator will remove its cap on interest-only mortgage lending, saying the restriction has served its purpose of reining in higher-risk
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Australia's banking regulator just removed a rule that's played a crucial part in the housing downturn

The Australian banking regulator will remove restrictions on interest-only mortgage lending for some Australian banks from January 1 next year.
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Have Insiders Been Buying Perfect Group International Holdings Limited (HKG:3326) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Perfect Group International Holdings Limited (HKG:3326).
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RBC Capital Markets Will Start Doing Deals for Pot Companies

RBC Capital Markets has decided to begin doing deals in the cannabis industry. … companies this year, according to data compiled by Bloomberg.
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NYC real estate, architecture, and more in 2018: The year in review

NYC real estate, architecture, and more in 2018: The year in review. The best … From the biggest real estate deals and preservation battles to the best
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Bridgewater Associates LP Cut Essex Ppty Tr (ESS) Stake By $319800; Hsbc Holdings Plc Upped …

… 13/03/2018 – Arch Capital Group Ltd. Confirms Participation in Freddie Mac's New Mortgage Pilot Program; 09/03/2018 – ACGL, ADSW to Trade,
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Williams-Sonoma Accuses Amazon of Copying Its West Elm Furniture

Williams-Sonoma Inc. sued Amazon.com Inc. in a challenge to the online retailer's private label push that started with batteries, baby wipes and phone
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Reverse Mortgage Originators Mixed on Borrower Outreach During the Holidays

Since the reverse mortgage product is primarily aimed at seniors that are at least at the age of 62, reverse mortgage originators that serve as a primary
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Christianson, Zeitlin merge real estate firms

Nashville-based residential real estate company Christianson, Patterson, Courtney and Associates will merge with Zeitlin Sotheby's International
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APRA Scraps Interest-Only Lending Cap

The Australian Prudential Regulation Authority will ease its curbs on interest-only residential mortgage lending, it announced on Wednesday.
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Westpac revamps the way it pays mortgage brokers

Westpac will next year revamp the criteria for access to its lucrative mortgage broker incentive scheme from quantity and loan size to customer service
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Business in Brief: Bank of Israel Frets Over Income-producing Real Estate

Business in Brief: Bank of Israel Frets Over Income-producing Real Estate

Bank of Israel frets over financial markets' exposure to income-producing real estate. The Bank of Israel is worried about the exposure of Israel's
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Blair William & Co. IL Buys 87382 Shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU)

Blair William & Co. IL grew its position in Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) by 4.6% in the third quarter, according to its most
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World's First Regulated Blockchain Real Estate Crowdsale Platform Launched in Switzerland

While several projects have purported to tokenize real estate assets, blockimmo is the first to do it within the bounds of existing regulations in two
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Mortgage Lenders Say Rates Still Attractive

Since the beginning of the year, Freddie Mac reported the 30-year … was at 6.69% and in December 1988 was at 10.46%, according to Freddie Mac.
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Baxter International Inc (BAX) Shares Bought by Standard Life Aberdeen plc

Standard Life Aberdeen plc owned about 1.08% of Baxter International … ValuEngine upgraded Baxter International from a “hold” rating to a “buy”
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SJP and PGIM Real Estate Acquire 470 Park Ave. South

NEW YORK CITY—A joint venture of SJP Properties and PGIM Real Estate has purchased 470 Park Ave. South for $245 million from Norway's
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What Percentage Of Brilliant Circle Holdings International Limited (HKG:1008) Shares Do Insiders …

Brilliant Circle Holdings International is not a large company by global … So they generally do consider buying larger companies that are included in
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Property Managers Have No Cause to Worry About a Downturn

First of all, from my perspective both as a property management practitioner and as president of the Institute or Real Estate Management, I am
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Mnuchin: I'm Not Leaving

While the Executive Branch hierarchy may seem like a revolving door, Treasury Secretary Steven Mnuchin insisted that he plans to stay in his job
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FDIC OKs Phase-in Period for New Banking Rule

Banks are concerned about the potentially disruptive effects of new standard that will change how they account for losses from soured loans.
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Xinja is now the second neobank to receive a Restricted ADI license

Neobank Xinja has been issued a restricted banking license from the Australian Prudential Regulation Authority (APRA), per The Australian.
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Vulture funds buy mortgage debts

Investment funds own 10 per cent of all outstanding mortgages, according to figures supplied by the Central Bank. Opposition parties have tried to
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Vendor Search and Tech Tools; Lender Mergers Continue; Global Slowdown Pushing US Rates

And, “Are there any African American-owned mortgage banks? …. 25 years and achieved a 29% annual national market share growth since 2014, and
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Omaha man suspected of sending inappropriate texts, emails and photos to dozens of real estate …

Investigators call it a “unique” harassment case: An Omaha man is accused of sending inappropriate texts, emails and pictures to dozens of women of
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Warren Demands Probe of CFPB Name Change

Sen. Elizabeth Warren (D-MA) is calling for an investigation into the decision by Mick Mulvaney, the former Acting Director of the Consumer Financial
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Fed Hikes Rates Again

Mike Fratantoni, senior vice president and chief economist for the Mortgage Bankers Association, commented, ““Reacting to a noticeable slowdown in
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Giuliani Says Trump Signed Russian Trump Tower Deal Letter. 2 Days Ago, He Said Trump Didn't

President Donald Trump's legal counsel Rudy Giuliani admitted Dec. 19 to the New York Daily News that Trump signed a letter of intent dated October
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After Extended Losses, Existing Homes Sales Improve for Second Month

After a prolonged losing streak – existing home sales hadn't seen an increase since March – the National Association of Realtors® (NAR) announced a
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Knoxville real estate: See inside a $5 million Farragut mansion for sale

Shelton said the property appealed to her for the opportunity to create a sprawling home instead of just building up. The hill's elevation makes it a quiet
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raceAhead: Penny Marshall's Enduring Legacy

Well-deserved tributes are pouring in for Penny Marshall, the comedic television star who became one of Hollywood's most enduring and profitable
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MLB Signs Historic Deal With Cuba, Ending the Decades-Old Practice of Smuggling Players From …

MLB Signs Historic Deal With Cuba, Ending the Decades-Old Practice of Smuggling Players From …

Major League Baseball announced Wednesday that it had reached a deal that will allow Cuban players to enter the league without defecting their
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Are Insiders Buying R Systems International Limited (NSE:RSYSTEMINT) Stock?

So we'll take a look at whether insiders have been buying or selling shares in R Systems International Limited (NSE:RSYSTEMINT).
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Oil prices resume drop, shed most of last session's gains

International benchmark Brent crude futures were down over $1, or 1.82 percent, … Volatility in crude prices this week has driven investors to shut their
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China shares, yuan down after Fed, new PBOC lending tool

The Fed raised key overnight lending rate rates by 25 basis points as expected to a range of 2.25 percent to 2.50 percent. It kept the core of its plan to
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Builder confidence falls to lowest in three years; housing starts drop 13 percent

The National Association of Home Builders/Well Fargo Housing Market Index — which has been gauging how home builders feel about the housing
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Shares of PCA banks surge on talks to ease lending norms

A government official said rules that curb unprofitable banks from lending may be eased. Lenders including Allahabad Bank and Bank of India are
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PBoC unveils targeted tool to spur lending to small firms

China's central bank on Wednesday rolled out a targeted policy tool to spur lending to small and private firms, in the latest step to support the slowing
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What the Fed's rate hike will mean for home buyers and consumers with credit-card debt

What the Fed's rate hike will mean for America's wavering housing market … How the value of your home affects how much you pay for college.
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Man suspected in payday lending store robberies under arrest: police

OTTAWA COUNTY, MI — A tip helped police identify a man suspected of committing payday lending store robberies and he was arrested during a
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Top 10 Reverse Mortgage Stories of 2018

Along with new hurdles introduced to the reverse mortgage business in 2018 – like a potentially difficult rule concerning second appraisals and the
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The Real Views wrap: How has real estate changed in 2018?

Existing mega-trends of urbanization, proptech and sustainability continue to … Technology – from robots in warehouses to blockchain in real estate
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New American Funding buys Marketplace Home Mortgage

New American Funding has acquired Edina, Minn.-based Marketplace Home Mortgage. Marketplace Home does business in 14 other states and
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Open banking: an opportunity to develop an entirely new market for financial products

Open banking represents the biggest banking transformation in a generation. Regulatory initiatives, such as 'PSD2 and Open Banking' from the UK's
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Here's why you should be concerned about Facebook's banking partnerships

This isn't the first time Facebook has forged banking business partnerships. In August, it was reported that the company was partnering with several
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5 Reasons to Buy CBRE Group (CBRE) Stock Right Now

Market-Leading Position: As the largest commercial real estate services and investment firm (based on 2017 revenues), CBRE Group has a robust
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The State of Real Estate Heading into 2019

Investors should read into real estate as recently released numbers mark a mixed picture of the housing market. As much of the market's attention
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112.ua: Ukraine's National Bank withdraws banking license of Russian 'VTB Bank'

The National Bank of Ukraine (NBU) has withdrawn the license of the Ukrainian subsidiary of the Russian “VTB Bank†as the NBU press service
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The 'missing middle' in real estate is missing for a reason: No one wants to live in mid-rise housing

Housing advocates believe something is missing from the housing mix in urban Canada. The new housing construction is dominated either by
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Everest Group names Capgemini a Leader for Open Banking IT Services

“The banking industry is leveraging a collaborative approach to shift from a product- and service-centric mode to a lifestyle and experience
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Is LG creating a multi-ratio TV with sliding speakers?

Because they aren't wide enough to cover the entire unused screen real estate, you'd still see black sections of screen at the edges. But perhaps LG
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