2018's Early Retail Bloodbath Tightens The Debt Flow

2018's Early Retail Bloodbath Tightens The Debt Flow

Retail lending in the Chicago market plummeted 47% in 2017, to $1.9B, a CrediFi report reveals. That led to an overall 17% drop in commercial real estate lending in Chicago last year. Firsel said the closures of Bon-Ton, Nine West, Toys R Us and the ongoing Sears death watch will have investors and
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China Mulls Cutting Car Import Duty by About Half

China is considering proposals to cut import duty on passenger cars by about half, according to people with direct knowledge of the matter, a move that's set to give a lift particularly to luxury-car makers such as BMW AG and Toyota Motor Corp.'s Lexus unit. The State Council, or China's cabinet,
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Stocks Stabilize as Results Roll In; Oil Climbs: Markets Wrap

The Bloomberg Dollar Spot Index climbed less than 0.05 percent to the highest in 15 weeks. The euro gained less than 0.05 percent to $1.2167. The British pound dipped less than 0.05 percent to $1.3927, the weakest in more than six weeks. The Japanese yen advanced 0.1 percent to 109.31 per dollar
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WEI Mortgage employee emails breached in phishing attack

WEI Mortgage has announced that the email accounts of some of its employees were improperly accessed after an email phishing attack, putting the security of some personal information at risk. The company said that in September, it received reports of unusual activity in an employee's email account.
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First American Financial Reports First Quarter 2018 Results

Total revenues for the Title Insurance and Services segment during the first quarter were $1.2 billion, down 1 percent compared with the same quarter of 2017. Direct premiums and escrow fees were up 3 percent compared with the first quarter of 2017, driven by a 13 percent increase in the average
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Sydney News Sydney Housing Market Cools Off

You're watching Sydney News Sydney Housing Market Cools Off More signs the Sydney property market has cooled, as house prices take their biggest hit in more than two years. To access Tenplay, you must reside within Australia. If you reside in Australia but can't access content, please contact us at
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Keep Your Eyes on Financial Stock: Washington Real Estate Investment Trust (WRE)

Washington Real Estate Investment Trust (WRE):. Share of Washington Real Estate Investment Trust (WRE) have caught the attention of the Wall Street community. The stock price is settled at $27.93 after trading hours. Taking a look at the daily price change trend and size of price movement it is
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CEO of UK's TSB bank drafts in IBM to fix online banking problems

LONDON, April 26 (Reuters) – Paul Pester, chief executive of British bank TSB whose customers have been hit by severe problems using online banking services, said he would take control of the bank's IT platform on Thursday and bring in IBM experts to fix the problems. The online problems, now in
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Radian Group Inc.: Radian Announces First Quarter 2018 Financial Results

Additional details regarding the non-GAAP measure Services adjusted EBITDA may be found in Exhibits E, F and G. During the first quarter, Radian acquired Entitle Direct Group, Inc., a national title insurance and settlement services company. While the financial terms of the transaction were immaterial
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APRA scraps cap on property investor lending

The banking regulator has announced plans to remove the cap it placed on property lending to investors three years ago in response to booming borrowing levels and an overheating property market. The Australian Prudential Regulatory Authority on Thursday said that improved lending standards
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Alek Minassian, Incel, Women of Congress: Broadsheet for April 26

Alek Minassian, the man who allegedly drove a van into a Toronto crowd on Monday—an attack that killed more than 10 people, most of whom were women—wrote a Facebook post that identified himself as an “incel.” Fortune's Chris Morris explains the term—it's an abbreviation for involuntarily celibate,
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Nintendo Puts Switch Into Hands of Famicom-Generation President

At a news conference in Osaka, Furukawa promised to bring out Nintendo's full potential. He grew up playing with the Family Computer, or Famicom, which was sold in Japan during the 1980s. The device, which popularized the gaming console for the masses, was sold as the Nintendo Entertainment
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Types of homes and how they affect your mortgage

Alternatively, the lender might require that the term of the lender's loan be no longer than the remaining number of years on the lease. Finally, the VA will not guarantee a mortgage beyond the actual time remaining on the fixed rent period of the lease, and the FHA insures mortgages only up to five years
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Deutsche Bank scales back investment bank as profit drops

The measures, which will result in job losses and higher restructuring costs and include a scaling-back of Deutsche Bank's business with hedge funds, are the initial product of a review of the investment bank, known internally as Project Colombo, which is likely to lead to further cuts, bankers said.
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Taking the Temperature of the Housing Market

Eakinomics: Taking the Temperature of the Housing Market. I've noted elsewhere that Congress has lost a decade in much-needed progress toward reforming housing finance. Indeed, much of what has happened has gone in the wrong direction. The Federal Housing Administration (FHA) has regularly
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Leftover Drugs Are Fueling the Opioid Epidemic. Now Google Maps Is Helping Families Get Rid of …

Google is getting involved in fighting the opioid epidemic. The tech giant announced Wednesday that due to concern about the growing crisis, it's decided to use its technical expertise to help families coping with it. Google Maps is partnering with the U.S. Drug Enforcement Administration to create a
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'My Generation Is Never Going to Have That'

To Lubarsky, a number cruncher-turned-housing activist, Wallingford's architectural jewels, with their grand front porches and exquisite topiary, are emblematic of this city's potentially fatal flaw: a housing market so expensive it's throttling one of America's biggest urban success stories. Decades ago
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Big Four smacked by UBS downgrade and tightened lending standards

The Australian sharemarket sank into the red today after UBS and the banking regulator disrupted investor celebrations ahead of the earnings-season start next week. The S&P-ASX 200 index opened slightly lower, rallied into the black and dropped again to close down 10.8 points, or 0.18 per cent,
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Changing housing market in Bernardsville

BERNARDSVILLE – Grand and in some cases, grandiose estate homes on the Bernardsville Mountain have given the borough much of its glamour over the decades, but declining real estate values are changing the dynamics of the housing market and causing concerns for local residents.
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Tesla's Autopilot Ambitions Just Took Another Big Hit

Tesla has lost another key executive: Jim Keller, the chip-design superstar who was in charge of developing the electric car company's in-house artificial intelligence processor. Keller is a veteran of AMD (amd) and Apple (aapl), having designed the hit Athlon and Ryzen processors for the former and the
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